NPORT-EX 2 vg_ftseallworldexusindx.htm
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments (unaudited)
As of July 31, 2025
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.
    Shares Market
Value
($000)
Common Stocks (98.6%)
Australia (4.6%)
  Commonwealth Bank of Australia     3,616,305    410,557
  BHP Group Ltd.    10,606,309    267,865
  CSL Ltd.     1,046,947    181,105
  National Australia Bank Ltd.     6,615,954    164,186
  Westpac Banking Corp.     7,398,381    159,732
  Wesfarmers Ltd.     2,440,822    133,512
  ANZ Group Holdings Ltd.     6,432,570    126,230
  Macquarie Group Ltd.       740,510    102,550
  Goodman Group     4,293,247     95,990
  Woodside Energy Group Ltd.     4,098,848     69,362
  Transurban Group     6,693,320     59,235
  Rio Tinto Ltd.       798,335     56,776
  Aristocrat Leisure Ltd.     1,201,847     53,815
  Woolworths Group Ltd.     2,632,339     53,142
  QBE Insurance Group Ltd.     3,272,299     48,542
  Brambles Ltd.     2,960,152     45,289
  Fortescue Ltd.     3,425,141     38,753
* Xero Ltd.       335,252     38,608
  Coles Group Ltd.     2,894,287     38,534
  Santos Ltd.     7,027,391     35,361
* James Hardie Industries plc GDR     1,218,135     31,973
  Suncorp Group Ltd.     2,340,062     31,368
  Computershare Ltd. (XASX)     1,152,926     31,036
  Northern Star Resources Ltd.     3,093,280     30,733
  WiseTech Global Ltd.       402,900     30,516
  Cochlear Ltd.       141,290     28,845
  Telstra Group Ltd.     8,732,036     27,830
  Origin Energy Ltd.     3,708,936     27,735
  Insurance Australia Group Ltd.     4,895,719     27,482
  Scentre Group    11,302,539     27,050
  Pro Medicus Ltd.       115,242     23,665
  Evolution Mining Ltd.     4,297,670     19,450
  Medibank Pvt Ltd.     5,938,937     19,411
  CAR Group Ltd.       778,173     18,940
  ASX Ltd.       419,262     18,793
  South32 Ltd.     9,713,567     18,165
  Stockland     5,085,808     18,031
  Sonic Healthcare Ltd.       984,548     17,386
  JB Hi-Fi Ltd.       236,104     16,816
  Technology One Ltd.       639,548     16,730
  Lottery Corp. Ltd.     4,767,772     16,536
  REA Group Ltd.       102,825     15,663
  APA Group     2,691,351     14,475
  Orica Ltd.     1,057,936     14,447
  SGH Ltd.       419,104     13,708
  BlueScope Steel Ltd.       899,396     13,635
  GPT Group     4,176,098     13,604
1 Washington H Soul Pattinson & Co. Ltd.       511,181     13,280
  Charter Hall Group     1,022,706     13,176
  Vicinity Ltd.     8,332,524     13,120
* Lynas Rare Earths Ltd.     1,950,268     13,105
* NEXTDC Ltd.     1,398,316     12,876
  Mirvac Group     8,573,618     12,301
  ALS Ltd.     1,035,555     12,039
  SEEK Ltd.       747,095     11,524
  Qantas Airways Ltd.     1,620,823     11,241
  Dexus     2,290,699     10,342
  Qube Holdings Ltd.     3,650,052     10,179
  Ramsay Health Care Ltd.       400,791      9,921
  Bendigo & Adelaide Bank Ltd.     1,209,673      9,477

    Shares Market
Value
($000)
  Worley Ltd.     1,078,601      9,179
  Ampol Ltd.       519,194      9,077
  Cleanaway Waste Management Ltd.     4,789,029      8,826
  Steadfast Group Ltd.     2,249,086      8,560
  Treasury Wine Estates Ltd.     1,739,940      8,414
  Endeavour Group Ltd.     3,137,788      8,217
  AGL Energy Ltd.     1,305,207      8,134
* Telix Pharmaceuticals Ltd.       580,837      7,782
  Aurizon Holdings Ltd.     3,747,597      7,779
  a2 Milk Co. Ltd.     1,498,476      7,762
  Atlas Arteria Ltd.     2,161,300      7,139
  Dyno Nobel Ltd.     3,750,162      7,052
  Bank of Queensland Ltd.     1,392,776      6,785
  Whitehaven Coal Ltd.     1,616,936      6,632
* Mineral Resources Ltd.       360,117      6,504
  Downer EDI Ltd.     1,433,049      6,319
*,1 Pilbara Minerals Ltd.     6,088,048      6,178
  Netwealth Group Ltd.       258,649      6,172
  Ansell Ltd.       310,800      5,950
  Metcash Ltd.     2,304,138      5,752
  Challenger Ltd.     1,078,093      5,666
  AMP Ltd.     5,378,636      5,503
  Lendlease Corp. Ltd.     1,478,892      4,971
1 Reece Ltd.       501,628      4,343
  Harvey Norman Holdings Ltd.     1,085,383      4,024
  IGO Ltd.     1,423,262      4,004
  Region Group     2,460,140      3,682
  Orora Ltd.     2,544,077      3,377
  Sims Ltd.       345,313      3,351
  Perpetual Ltd.       231,825      3,113
* Insignia Financial Ltd.     1,079,470      3,110
  Iluka Resources Ltd.       913,921      2,994
  TPG Telecom Ltd.       841,337      2,984
  Flight Centre Travel Group Ltd.       381,561      2,910
1 Yancoal Australia Ltd.       700,839      2,830
  New Hope Corp. Ltd.       959,823      2,563
  Magellan Financial Group Ltd.       351,634      2,391
  Deterra Royalties Ltd.       897,759      2,377
  Beach Energy Ltd.     3,124,800      2,342
  GQG Partners Inc. GDR     1,630,920      2,131
  Domino's Pizza Enterprises Ltd.       138,114      1,612
1 IDP Education Ltd.       542,990      1,228
  Domain Holdings Australia Ltd.       305,261        863
                 3,136,330
Austria (0.2%)
  Erste Group Bank AG       608,483     55,642
  OMV AG       311,261     15,852
1 Verbund AG       141,796     10,558
  ANDRITZ AG       138,752      9,656
  Raiffeisen Bank International AG       274,555      7,928
  Telekom Austria AG       159,099      1,686
                   101,322
Belgium (0.6%)
  Anheuser-Busch InBev SA NV     2,085,595    119,906
* Argenx SE       132,151     88,756
  UCB SA       259,058     55,660
  KBC Group NV       489,681     51,076
  Ageas SA       398,032     27,063
  Groupe Bruxelles Lambert NV       171,480     14,336
  Syensqo SA       152,039     12,050
  Ackermans & van Haaren NV        46,301     11,357
  Elia Group SA        94,975     10,958
  Sofina SA        31,149      9,539
  Warehouses De Pauw CVA       390,305      9,108
  D'ieteren Group        43,829      8,658
  Lotus Bakeries NV           868      7,338
                   425,805

    Shares Market
Value
($000)
Brazil (0.9%)
  Vale SA     7,760,498     74,091
  Itau Unibanco Holding SA ADR     6,131,443     38,444
  Petroleo Brasileiro SA - Petrobras     6,005,301     38,383
  B3 SA - Brasil Bolsa Balcao    11,286,031     25,355
  Embraer SA     1,500,046     21,608
  WEG SA     3,209,681     21,272
  Cia de Saneamento Basico do Estado de Sao Paulo       988,031     19,111
  Banco BTG Pactual SA     2,526,122     17,653
  Centrais Eletricas Brasileiras SA     2,513,865     16,974
  Petroleo Brasileiro SA - Petrobras ADR     1,439,225     16,724
  Banco Bradesco SA ADR     5,940,252     16,455
  Ambev SA     6,317,308     14,057
  Suzano SA     1,475,970     13,746
  Equatorial Energia SA     2,189,695     13,323
  Banco Do Brasil SA     3,678,866     12,943
* PRIO SA     1,694,075     12,764
  Petroleo Brasileiro SA - Petrobras ADR (XNYS)       995,895     12,688
2 Rede D'Or Sao Luiz SA     2,155,773     12,512
  Localiza Rent a Car SA (BVMF)     1,878,768     11,619
  Vibra Energia SA     2,407,084      9,118
  TOTVS SA     1,165,391      9,076
  BB Seguridade Participacoes SA     1,407,851      8,473
  Telefonica Brasil SA     1,469,852      8,263
  Banco Bradesco SA     3,261,802      7,806
  Rumo SA     2,607,153      7,701
  Ambev SA ADR     3,139,140      6,843
  Raia Drogasil SA     2,776,272      6,679
  Lojas Renner SA     2,257,670      6,560
  Klabin SA     1,969,108      6,541
  Itau Unibanco Holding SA     1,132,140      6,334
  TIM SA     1,649,100      6,099
  BRF SA     1,614,359      5,780
  Motiva Infraestrutura de Mobilidade SA     2,579,039      5,670
  Energisa SA       619,131      5,049
* Eneva SA     2,004,135      4,814
  Ultrapar Participacoes SA     1,519,722      4,660
* Ambipar Participacoes e Empreendimentos SA       184,300      4,307
  Banco Santander Brasil SA       882,153      4,164
  Sendas Distribuidora SA     2,365,570      3,975
*,2 Hapvida Participacoes e Investimentos SA       668,429      3,948
  Engie Brasil Energia SA       548,110      3,909
  Porto Seguro SA       397,424      3,683
  Santos Brasil Participacoes SA     1,442,300      3,593
  Alupar Investimento SA       653,972      3,445
  Cia Paranaense de Energia - Copel     1,722,765      3,397
  Gerdau SA ADR     1,097,325      3,248
  Caixa Seguridade Participacoes SA     1,302,500      3,205
  Multiplan Empreendimentos Imobiliarios SA       685,948      3,099
* Brava Energia       867,500      3,058
* Natura Cosmeticos SA     1,875,462      3,024
  Allos SA       762,557      2,902
  Hypera SA       626,383      2,876
  Smartfit Escola de Ginastica e Danca SA       760,437      2,814
  CPFL Energia SA       408,000      2,762
* Cosan SA     2,582,771      2,735
2 GPS Participacoes e Empreendimentos SA       848,300      2,145
  Marfrig Global Foods SA       551,400      2,097
  Neoenergia SA       432,900      1,895
  Transmissora Alianca de Energia Eletrica SA       316,756      1,887
  Cia Energetica de Minas Gerais ADR       980,613      1,775
  Grupo Mateus SA     1,061,700      1,390
  SLC Agricola SA       365,040      1,195
  Telefonica Brasil SA ADR       101,875      1,143
  Auren Energia SA       678,084      1,123
  Cia Siderurgica Nacional SA       773,351      1,108
  Sendas Distribuidora SA ADR       123,992      1,042
  M Dias Branco SA       227,486        988
  Sao Martinho SA       311,700        965
  Cia Paranaense de Energia - Copel ADR (XYNS)       112,597        962

    Shares Market
Value
($000)
  CSN Mineracao SA       898,700        809
  Cia Siderurgica Nacional SA ADR       509,830        739
  Cia Paranaense de Energia - Copel ADR        63,132        492
1 TIM SA ADR        21,923        403
  Cia Energetica de Minas Gerais       127,394        335
*,1 Braskem SA Class A ADR        60,561        191
* Usinas Siderurgicas de Minas Gerais SA Usiminas       187,500        154
                   612,170
Canada (6.7%)
  Royal Bank of Canada     3,064,244    393,181
* Shopify Inc. Class A     2,612,989    319,401
  Toronto-Dominion Bank     3,823,082    278,454
  Enbridge Inc.     4,686,062    212,219
  Brookfield Corp.     3,051,450    204,392
  Bank of Montreal     1,578,529    174,235
  Bank of Nova Scotia     2,697,910    150,102
  Canadian Pacific Kansas City Ltd.     2,019,878    148,546
  Constellation Software Inc.        42,857    147,855
  Canadian Imperial Bank of Commerce     2,030,385    145,113
  Canadian Natural Resources Ltd.     4,480,742    141,834
  Agnico Eagle Mines Ltd.     1,079,108    133,962
  Manulife Financial Corp.     3,744,345    115,849
  Canadian National Railway Co.     1,206,791    112,684
  TC Energy Corp.     2,246,707    107,276
  Suncor Energy Inc.     2,698,494    106,432
  Waste Connections Inc.       553,383    103,336
  Wheaton Precious Metals Corp.       982,086     89,817
  National Bank of Canada       846,941     88,099
  Alimentation Couche-Tard Inc.     1,670,202     86,789
  Fairfax Financial Holdings Ltd.        45,530     80,531
  Intact Financial Corp.       385,320     79,645
  Dollarama Inc.       579,162     79,158
  Sun Life Financial Inc.     1,247,582     76,065
  Cameco Corp.       939,504     70,537
  Franco-Nevada Corp.       413,661     65,894
  Nutrien Ltd.     1,072,224     63,617
  Thomson Reuters Corp.       297,130     59,632
  Barrick Mining Corp.     2,688,002     56,744
  Fortis Inc. (XTSE)     1,078,665     52,781
  Brookfield Asset Management Ltd. Class A (XTSE)       825,431     50,898
  Loblaw Cos. Ltd.       304,984     49,320
  Restaurant Brands International Inc.       699,794     47,485
  Power Corp. of Canada     1,168,057     47,073
  Pembina Pipeline Corp.     1,257,375     46,734
  CGI Inc.       444,587     42,861
  Cenovus Energy Inc.     2,743,033     41,751
  Teck Resources Ltd. Class B     1,074,449     34,841
  Metro Inc.       429,334     32,829
  Tourmaline Oil Corp.       770,006     32,771
  Imperial Oil Ltd.       335,935     28,010
2 Hydro One Ltd.       684,524     24,207
  Magna International Inc.       576,437     23,638
  Great-West Lifeco Inc.       590,225     22,163
  George Weston Ltd.       114,653     21,786
  Barrick Mining Corp.     1,025,962     21,495
  TELUS Corp.     1,075,209     17,320
  BCE Inc.       659,256     15,378
  Enbridge Inc. (XTSE)        30,400      1,377
* Shopify Inc. Class A (XTSE)           141         17
                 4,546,134
Chile (0.1%)
  Banco De Chile    97,048,651     13,369
  Latam Airlines Group SA   430,160,349      9,407
  Falabella SA     1,803,406      8,993
  Cencosud SA     2,750,751      8,287
  Banco de Credito e Inversiones SA       168,061      6,670
  Empresas Copec SA       852,922      5,647
  Banco Santander Chile ADR       232,369      5,347
*,1 Sociedad Quimica y Minera de Chile SA ADR       115,318      4,238

    Shares Market
Value
($000)
  Enel Americas SA    40,414,163      4,031
  Empresas CMPC SA     2,361,044      3,326
  Plaza SA     1,376,504      2,908
  Enel Chile SA    40,017,362      2,563
  Quinenco SA       605,241      2,333
  Colbun SA    15,418,956      2,282
  Banco Santander Chile    39,419,061      2,277
  Cencosud Shopping SA     1,014,092      1,981
  Aguas Andinas SA Class A     5,715,025      1,881
  Banco Itau Chile SA       126,327      1,669
  Cia Cervecerias Unidas SA       269,956      1,596
  Cia Sud Americana de Vapores SA    27,476,091      1,388
  Enel Chile SA ADR       288,934        919
  Latam Airlines Group SA ADR        14,558        632
                    91,744
China (9.3%)
  Tencent Holdings Ltd.    13,403,104    938,381
  Alibaba Group Holding Ltd.    38,727,740    582,262
*,2 Xiaomi Corp. Class B    37,360,168    251,357
  China Construction Bank Corp. Class H   208,419,517    213,172
* PDD Holdings Inc. ADR     1,646,316    186,775
*,2 Meituan Class B    11,539,478    178,026
  Industrial & Commercial Bank of China Ltd. Class H   170,890,655    130,941
1 BYD Co. Ltd. Class H     7,808,965    114,018
  NetEase Inc.     3,944,982    103,131
  Ping An Insurance Group Co. of China Ltd. Class H    13,990,862     96,052
  Bank of China Ltd. Class H   155,063,284     89,505
  JD.com Inc. Class A     5,486,863     86,484
  Trip.com Group Ltd.     1,350,335     83,832
*,2 Kuaishou Technology     6,035,200     58,928
  China Merchants Bank Co. Ltd. Class H     8,099,841     52,561
* Baidu Inc. Class A     4,751,162     51,984
  China Life Insurance Co. Ltd. Class H    16,117,183     46,556
2 Pop Mart International Group Ltd.     1,442,400     44,994
  PetroChina Co. Ltd. Class H    44,516,969     43,503
  Agricultural Bank of China Ltd. Class H    65,745,835     43,071
* BeOne Medicines Ltd.     1,886,000     42,877
*,2 Innovent Biologics Inc.     3,321,847     41,118
  Kweichow Moutai Co. Ltd. Class A       190,335     37,551
  Yum China Holdings Inc.       792,543     36,798
* Li Auto Inc. Class A     2,618,273     34,278
  Zijin Mining Group Co. Ltd. Class H    12,862,882     34,108
  China Shenhua Energy Co. Ltd. Class H     7,238,860     31,374
  PICC Property & Casualty Co. Ltd. Class H    14,984,470     31,101
  ANTA Sports Products Ltd.     2,707,873     31,081
*,2 Wuxi Biologics Cayman Inc.     7,616,112     30,967
  China Petroleum & Chemical Corp. Class H    49,206,731     28,876
*,2 Akeso Inc.     1,479,000     28,839
  Geely Automobile Holdings Ltd.    12,557,097     28,166
* XPeng Inc. Class A     3,034,616     27,615
  KE Holdings Inc. ADR     1,437,708     26,483
  Contemporary Amperex Technology Co. Ltd. Class A       668,899     24,490
  China Resources Land Ltd.     6,269,316     22,989
  China Pacific Insurance Group Co. Ltd. Class H     5,624,025     22,650
  Tencent Music Entertainment Group ADR     1,073,186     22,526
2 Nongfu Spring Co. Ltd. Class H     3,892,200     22,488
  CSPC Pharmaceutical Group Ltd.    17,272,869     21,708
  Sino Biopharmaceutical Ltd.    21,072,718     20,181
  Full Truck Alliance Co. Ltd. ADR     1,725,501     19,930
  China Merchants Bank Co. Ltd. Class A     3,206,409     19,803
  ZTO Express Cayman Inc.       957,750     18,671
  China CITIC Bank Corp. Ltd. Class H    19,171,749     17,813
*,1 NIO Inc. Class A     3,511,739     16,808
* J&T Global Express Ltd.    12,776,000     16,806
  CITIC Ltd.    10,767,697     16,153
  Haier Smart Home Co. Ltd. Class H     5,053,701     15,921
  China Hongqiao Group Ltd.     5,854,567     15,444
2 3SBio Inc.     3,799,269     15,359
2 Postal Savings Bank of China Co. Ltd. Class H    21,707,351     15,334

    Shares Market
Value
($000)
*,1 Horizon Robotics    17,223,000     15,141
  New Oriental Education & Technology Group Inc.     3,324,950     14,745
  BYD Co. Ltd. Class A       997,665     14,508
* Bilibili Inc. Class Z       629,503     14,402
  China Yangtze Power Co. Ltd. Class A     3,712,357     14,374
*,2 JD Health International Inc.     2,241,023     14,330
* Kingdee International Software Group Co. Ltd.     6,156,303     14,289
2 China Tower Corp. Ltd. Class H    10,133,705     14,180
  People's Insurance Co. Group of China Ltd. Class H    18,420,882     14,152
  Bank of Communications Co. Ltd. Class H    15,597,099     14,051
  Ping An Insurance Group Co. of China Ltd. Class A     1,717,321     13,987
  China Overseas Land & Investment Ltd.     8,068,629     13,955
2 Guotai Haitong Securities Co. Ltd. Class H     6,429,217     13,879
  Sunny Optical Technology Group Co. Ltd.     1,463,118     13,556
  China Mengniu Dairy Co. Ltd.     6,463,504     13,451
  New China Life Insurance Co. Ltd. Class H     2,073,289     13,267
* Kanzhun Ltd. ADR       699,338     13,259
  Industrial & Commercial Bank of China Ltd. Class A    12,607,297     13,246
  H World Group Ltd.     4,241,410     13,238
  ENN Energy Holdings Ltd.     1,617,618     13,184
  Midea Group Co. Ltd. Class H     1,326,702     12,855
  CITIC Securities Co. Ltd. Class H     3,392,765     11,921
  Agricultural Bank of China Ltd. Class A    13,481,329     11,802
  China Resources Beer Holdings Co. Ltd.     3,429,130     11,401
  COSCO SHIPPING Holdings Co. Ltd. Class H     6,199,990     11,333
*,2 Zhejiang Leapmotor Technologies Ltd.     1,457,600     11,208
2 Hansoh Pharmaceutical Group Co. Ltd.     2,486,608     11,172
*,1,2 SenseTime Group Inc. Class B    54,665,000     11,101
1,2 Smoore International Holdings Ltd.     4,005,350     10,800
  Li Ning Co. Ltd.     5,073,302     10,749
  China Resources Power Holdings Co. Ltd.     4,313,843     10,690
  Yangzijiang Shipbuilding Holdings Ltd.     5,428,896     10,648
  China Galaxy Securities Co. Ltd. Class H     7,612,117     10,287
  Vipshop Holdings Ltd. ADR       657,561      9,923
  Industrial Bank Co. Ltd. Class A     3,148,628      9,896
  Wuliangye Yibin Co. Ltd. Class A       585,571      9,849
1,2 WuXi AppTec Co. Ltd. Class H       727,798      9,708
* TAL Education Group ADR       882,521      9,655
2 Fuyao Glass Industry Group Co. Ltd. Class H     1,331,965      9,603
2 CGN Power Co. Ltd. Class H    25,480,536      9,572
  CMOC Group Ltd. Class H     8,376,984      9,509
  Weichai Power Co. Ltd. Class H     4,344,334      9,209
*,1 China Ruyi Holdings Ltd.    22,527,840      9,006
  Tsingtao Brewery Co. Ltd. Class H     1,405,057      8,926
  Zhaojin Mining Industry Co. Ltd. Class H     3,564,137      8,851
  Zijin Mining Group Co. Ltd. Class A     3,196,374      8,479
2 China International Capital Corp. Ltd. Class H     3,335,627      8,470
  Jiangsu Hengrui Medicine Co. Ltd. Class A       964,122      8,427
  China Minsheng Banking Corp. Ltd. Class H    13,905,669      8,370
* Zai Lab Ltd.     2,201,710      8,318
  Foxconn Industrial Internet Co. Ltd. Class A     1,737,700      8,300
  Kingsoft Corp. Ltd.     1,824,523      8,297
  Great Wall Motor Co. Ltd. Class H     5,033,216      8,214
  Qifu Technology Inc. ADR       237,178      8,142
  Kunlun Energy Co. Ltd.     8,387,356      8,080
  Shanghai Pudong Development Bank Co. Ltd. Class A     4,540,835      8,076
1,2 Giant Biogene Holding Co. Ltd.     1,129,800      8,056
1 Yankuang Energy Group Co. Ltd. Class H     7,035,178      8,021
  Anhui Conch Cement Co. Ltd. Class H     2,667,437      7,723
  East Money Information Co. Ltd. Class A     2,382,114      7,666
  CITIC Securities Co. Ltd. Class A     1,886,286      7,590
* Gds Holdings Ltd. Class A     1,668,527      7,520
*,1,2 Hua Hong Semiconductor Ltd.     1,406,633      7,242
  Sinopharm Group Co. Ltd. Class H     2,957,306      7,108
*,2 JD Logistics Inc.     4,042,917      7,006
*,1 GCL Technology Holdings Ltd.    47,000,000      6,964
  BYD Electronic International Co. Ltd.     1,646,591      6,851
  Tongcheng-Elong Holdings Ltd.     2,691,318      6,743
  Hygon Information Technology Co. Ltd. Class A       349,514      6,732
  Aluminum Corp. of China Ltd. Class H     8,499,642      6,718

    Shares Market
Value
($000)
  China Taiping Insurance Holdings Co. Ltd.     3,006,272      6,680
  Want Want China Holdings Ltd.     9,226,807      6,669
*,1 Alibaba Health Information Technology Ltd.    10,736,719      6,658
2 Huatai Securities Co. Ltd. Class H     2,883,185      6,636
  China Longyuan Power Group Corp. Ltd. Class H     7,358,086      6,635
  Huaneng Power International Inc. Class H     9,736,226      6,609
  Bank of Communications Co. Ltd. Class A     6,074,420      6,457
  CRRC Corp. Ltd. Class H     9,137,000      6,332
  China Gas Holdings Ltd.     6,026,192      6,330
*,2 China CITIC Financial Asset Management Co. Ltd. Class H    40,756,000      6,329
* Cambricon Technologies Corp. Ltd. Class A        63,373      6,223
2 Haidilao International Holding Ltd.     3,472,237      6,155
2 China Resources Mixc Lifestyle Services Ltd.     1,289,800      5,990
  Bank of China Ltd. Class A     7,746,459      5,978
  Tingyi Cayman Islands Holding Corp.     4,004,367      5,920
  Shenzhen Mindray Bio-Medical Electronics Co. Ltd. Class A       184,273      5,911
  China Shenhua Energy Co. Ltd. Class A     1,110,820      5,884
  Guotai Haitong Securities Co. Ltd. (XSSC)     2,054,526      5,784
  China Coal Energy Co. Ltd. Class H     4,639,041      5,700
2 Longfor Group Holdings Ltd.     4,490,835      5,590
  PetroChina Co. Ltd. Class A     4,515,302      5,565
  Luxshare Precision Industry Co. Ltd. Class A     1,093,339      5,533
*,1 Genscript Biotech Corp.     2,541,596      5,512
  Bosideng International Holdings Ltd.     9,450,931      5,394
1,2 Shandong Gold Mining Co. Ltd. Class H     1,722,866      5,328
  Muyuan Foods Co. Ltd. Class A       827,137      5,322
  China Pacific Insurance Group Co. Ltd. Class A     1,023,466      5,320
* WuXi XDC Cayman Inc.       726,500      5,281
  China State Construction International Holdings Ltd.     3,391,767      5,196
  Guangdong Investment Ltd.     5,766,664      5,133
* Sichuan Kelun-Biotech Biopharmaceutical Co. Ltd.        97,100      5,124
1 ZTE Corp. Class H     1,620,712      5,114
  China Merchants Port Holdings Co. Ltd.     2,594,229      5,101
  Zhongji Innolight Co. Ltd. Class A       168,617      5,057
  WuXi AppTec Co. Ltd. Class A       376,621      5,004
  NAURA Technology Group Co. Ltd. Class A       107,460      4,991
  Beijing-Shanghai High Speed Railway Co. Ltd. Class A     6,618,393      4,961
  Ping An Bank Co. Ltd. Class A     2,900,639      4,928
  China State Construction Engineering Corp. Ltd. Class A     6,255,029      4,916
2 China Feihe Ltd.     8,256,745      4,909
  Minth Group Ltd.     1,483,714      4,898
  Jiangxi Copper Co. Ltd. Class H     2,440,392      4,878
  China Resources Gas Group Ltd.     1,909,489      4,834
  China Railway Group Ltd. Class H     9,572,299      4,816
  GF Securities Co. Ltd. Class H     2,172,397      4,743
  SF Holding Co. Ltd. Class A       718,355      4,586
  Kingboard Holdings Ltd.     1,271,813      4,556
  Shanxi Xinghuacun Fen Wine Factory Co. Ltd. Class A       180,960      4,497
  Shandong Weigao Group Medical Polymer Co. Ltd. Class H     5,107,546      4,492
  China National Building Material Co. Ltd. Class H     7,540,232      4,486
  China Medical System Holdings Ltd.     2,591,850      4,401
  Seres Group Co. Ltd. Class A       248,100      4,361
  Bank of Jiangsu Co. Ltd. Class A     2,753,390      4,323
  China Petroleum & Chemical Corp. Class A     5,137,500      4,288
  Sinotruk Hong Kong Ltd.     1,400,884      4,269
1 MINISO Group Holding Ltd.       873,952      4,160
  Beijing Enterprises Holdings Ltd.       989,088      4,138
  Shaanxi Coal Industry Co. Ltd. Class A     1,465,400      4,097
  Wanhua Chemical Group Co. Ltd. Class A       467,920      4,044
  China Everbright Bank Co. Ltd. Class A     7,063,126      3,975
  Hengan International Group Co. Ltd.     1,325,793      3,961
  China Everbright Environment Group Ltd.     7,396,484      3,959
  COSCO SHIPPING Holdings Co. Ltd. Class A     1,825,980      3,959
  China National Nuclear Power Co. Ltd. Class A     3,076,000      3,928
2 Yadea Group Holdings Ltd.     2,474,000      3,893
  Zhuzhou CRRC Times Electric Co. Ltd. Class H       954,725      3,873
  Chongqing Rural Commercial Bank Co. Ltd. Class H     4,855,181      3,851
  Eoptolink Technology Inc. Ltd. Class A       147,820      3,848
  Inner Mongolia Yitai Coal Co. Ltd. Class B     1,873,014      3,843
  Bank of Ningbo Co. Ltd. Class A       984,470      3,809

    Shares Market
Value
($000)
  Gree Electric Appliances Inc. of Zhuhai Class A       600,023      3,802
  Luzhou Laojiao Co. Ltd. Class A       222,288      3,793
*,1,2 ZhongAn Online P&C Insurance Co. Ltd. Class H     1,478,896      3,785
  China Minsheng Banking Corp. Ltd. Class A     5,533,252      3,758
  Country Garden Services Holdings Co. Ltd.     4,500,727      3,721
  Xinyi Solar Holdings Ltd.     9,576,220      3,707
  Foshan Haitian Flavouring & Food Co. Ltd. Class A       696,305      3,705
*,1 Microport Scientific Corp.     2,033,674      3,676
  CRRC Corp. Ltd. Class A     3,573,697      3,659
  China Oilfield Services Ltd. Class H     4,102,706      3,644
  Anhui Gujing Distillery Co. Ltd. Class B       268,110      3,634
  Inner Mongolia Yili Industrial Group Co. Ltd. Class A       954,400      3,633
  NARI Technology Co. Ltd. Class A     1,189,487      3,616
  Haitian International Holdings Ltd.     1,331,947      3,611
*,1 Alibaba Pictures Group Ltd.    25,122,294      3,539
1 China Cinda Asset Management Co. Ltd. Class H    19,561,916      3,533
  Shenzhen Inovance Technology Co. Ltd. Class A       401,800      3,524
  Sany Heavy Industry Co. Ltd. Class A     1,264,300      3,500
  Postal Savings Bank of China Co. Ltd. Class A     4,372,888      3,488
  China Power International Development Ltd.     8,868,326      3,476
  China United Network Communications Ltd. Class A     4,673,000      3,476
*,2 China Literature Ltd.       881,629      3,465
  Victory Giant Technology Huizhou Co. Ltd. Class A       130,700      3,464
  China Conch Venture Holdings Ltd.     2,834,415      3,463
  Yangzijiang Financial Holding Ltd.     4,680,796      3,461
  Autohome Inc. ADR       126,438      3,425
  Far East Horizon Ltd.     3,359,301      3,419
  Haier Smart Home Co. Ltd. Class A       968,696      3,336
  Baoshan Iron & Steel Co. Ltd. Class A     3,268,100      3,332
  Zhejiang Expressway Co. Ltd. Class H     3,467,629      3,304
  SAIC Motor Corp. Ltd. Class A     1,364,615      3,250
  China CSSC Holdings Ltd. Class A       679,800      3,240
  TravelSky Technology Ltd. Class H     2,031,759      3,230
  Shenzhen International Holdings Ltd.     3,213,660      3,213
  Fosun International Ltd.     4,645,788      3,206
  RLX Technology Inc. ADR     1,399,931      3,206
  Jiangsu Expressway Co. Ltd. Class H     2,609,275      3,199
  Uni-President China Holdings Ltd.     2,506,604      3,167
  BOE Technology Group Co. Ltd. Class A     5,632,800      3,159
  Hithink RoyalFlush Information Network Co. Ltd. Class A        80,166      3,146
  New China Life Insurance Co. Ltd. Class A       336,447      3,113
  China Everbright Bank Co. Ltd. Class H     6,605,063      3,104
  Sungrow Power Supply Co. Ltd. Class A       310,966      3,104
  Beijing Kingsoft Office Software Inc. Class A        70,909      3,079
2 Ping An Healthcare & Technology Co. Ltd.     1,958,208      3,071
  OmniVision Integrated Circuits Group Inc.       181,174      3,039
  C&D International Investment Group Ltd.     1,496,759      3,020
  Bank of Shanghai Co. Ltd. Class A     2,123,591      3,019
  AviChina Industry & Technology Co. Ltd. Class H     5,084,567      3,005
*,1 China Vanke Co. Ltd. Class H     4,707,739      2,987
  ZTE Corp. Class A       627,079      2,980
  China Communications Services Corp. Ltd. Class H     5,109,205      2,976
  Huatai Securities Co. Ltd. Class A     1,058,428      2,943
  Beijing Enterprises Water Group Ltd.     8,389,390      2,871
  JOYY Inc. ADR        57,017      2,862
  China Northern Rare Earth Group High-Tech Co. Ltd. Class A       547,900      2,854
  Bank of Beijing Co. Ltd. Class A     3,171,600      2,843
  China Merchants Securities Co. Ltd. Class A     1,124,767      2,788
1,2 Ganfeng Lithium Group Co. Ltd. Class H       839,390      2,786
  CMOC Group Ltd. Class A     2,238,803      2,776
1 Shanghai Fosun Pharmaceutical Group Co. Ltd. Class H     1,136,066      2,772
2 CSC Financial Co. Ltd. Class H     1,726,248      2,759
  Daqin Railway Co. Ltd. Class A     3,013,800      2,738
  Dongfeng Motor Group Co. Ltd. Class H     4,542,643      2,733
  Greentown China Holdings Ltd.     2,152,797      2,708
2 China Resources Pharmaceutical Group Ltd.     3,847,732      2,687
  China Tourism Group Duty Free Corp. Ltd. Class A       297,262      2,679
*,1,2 Remegen Co. Ltd. Class H       350,000      2,667
  Bank of Nanjing Co. Ltd. Class A     1,664,065      2,654
  China Zheshang Bank Co. Ltd. Class H     7,515,000      2,641

    Shares Market
Value
($000)
  Shanghai Pharmaceuticals Holding Co. Ltd. Class H     1,648,719      2,629
  Eastroc Beverage Group Co. Ltd. Class A        66,233      2,589
  Advanced Micro-Fabrication Equipment Inc. Class A        94,198      2,581
  China Three Gorges Renewables Group Co. Ltd. Class A     4,269,300      2,569
  Inner Mongolia BaoTou Steel Union Co. Ltd. Class A     6,834,025      2,553
2 Orient Securities Co. Ltd. Class H     2,630,835      2,529
  Zhangzhou Pientzehuang Pharmaceutical Co. Ltd. Class A        91,397      2,529
  SDIC Power Holdings Co. Ltd. Class A     1,154,283      2,527
  China Jinmao Holdings Group Ltd.    13,843,706      2,519
  Avary Holding Shenzhen Co. Ltd. Class A       343,295      2,516
1,2 China Merchants Securities Co. Ltd. Class H     1,212,513      2,507
  Aier Eye Hospital Group Co. Ltd. Class A     1,405,578      2,504
* LONGi Green Energy Technology Co. Ltd. Class A     1,141,960      2,497
  Brilliance China Automotive Holdings Ltd.     6,254,000      2,495
*,1,2 East Buy Holding Ltd.       890,500      2,490
  China Reinsurance Group Corp. Class H    14,311,206      2,484
  Zhongsheng Group Holdings Ltd.     1,473,104      2,478
  Shenwan Hongyuan Group Co. Ltd. Class A     3,366,895      2,475
  Iflytek Co. Ltd. Class A       365,500      2,472
  China Galaxy Securities Co. Ltd. Class A     1,035,103      2,468
  China Railway Group Ltd. Class A     3,121,274      2,467
1 Shanghai Fudan Microelectronics Group Co. Ltd. Class H       615,000      2,463
*,1 Air China Ltd. Class H     3,688,019      2,457
1 COSCO SHIPPING Energy Transportation Co. Ltd. Class H     3,009,306      2,444
  CSC Financial Co. Ltd. Class A       686,138      2,434
  Huaxia Bank Co. Ltd. Class A     2,189,798      2,419
  Zhejiang China Commodities City Group Co. Ltd. Class A       818,100      2,418
  Wens Foodstuff Group Co. Ltd. Class A     1,004,680      2,414
  Zoomlion Heavy Industry Science & Technology Co. Ltd. Class H     3,048,715      2,379
  GF Securities Co. Ltd. Class A       892,048      2,374
  Power Construction Corp. of China Ltd. Class A     2,499,300      2,369
  Lens Technology Co. Ltd. Class A       750,800      2,367
* Shanghai Electric Group Co. Ltd. Class H     5,753,404      2,347
  Shandong Gold Mining Co. Ltd. Class A       574,163      2,342
  Ningxia Baofeng Energy Group Co. Ltd. Class A     1,085,321      2,341
  Sinopec Engineering Group Co. Ltd. Class H     3,000,688      2,330
  China CITIC Bank Corp. Ltd. Class A     2,024,335      2,305
  Fuyao Glass Industry Group Co. Ltd. Class A       300,812      2,283
  Shanghai United Imaging Healthcare Co. Ltd. Class A       123,015      2,280
  Chongqing Changan Automobile Co. Ltd. Class A     1,276,980      2,278
*,1,2 Luye Pharma Group Ltd.     4,161,961      2,277
  WUS Printed Circuit Kunshan Co. Ltd. Class A       292,270      2,271
  Focus Media Information Technology Co. Ltd. Class A     2,180,200      2,269
  AECC Aviation Power Co. Ltd. Class A       385,300      2,268
* Anhui Jianghuai Automobile Group Corp. Ltd. Class A       329,400      2,262
1 SF Holding Co. Ltd. Class H       404,400      2,248
  Sinotrans Ltd. Class H     4,017,064      2,228
  Montage Technology Co. Ltd. Class A       188,311      2,217
  China International Capital Corp. Ltd. Class A       441,191      2,214
  Sany Heavy Equipment International Holdings Co. Ltd.     2,352,000      2,206
  Xtep International Holdings Ltd.     3,070,500      2,198
  Kingboard Laminates Holdings Ltd.     1,701,118      2,184
  Shanghai Baosight Software Co. Ltd. Class B     1,561,985      2,147
  Jiangsu Yanghe Distillery Co. Ltd. Class A       227,800      2,134
  Bank of Hangzhou Co. Ltd. Class A       953,135      2,125
  Shengyi Technology Co. Ltd. Class A       355,700      2,110
  Suzhou Dongshan Precision Manufacturing Co. Ltd. Class A       260,000      2,097
  XCMG Construction Machinery Co. Ltd. Class A     1,800,000      2,096
  Yunnan Baiyao Group Co. Ltd. Class A       268,620      2,092
2 Topsports International Holdings Ltd.     5,140,209      2,074
* Tongwei Co. Ltd. Class A       731,600      2,074
  People's Insurance Co. Group of China Ltd. Class A     1,812,828      2,058
  Weichai Power Co. Ltd. Class A       976,048      2,049
  Jiangsu Hengli Hydraulic Co. Ltd. Class A       200,558      2,049
1 Hisense Home Appliances Group Co. Ltd. Class H       713,000      2,045
  China Traditional Chinese Medicine Holdings Co. Ltd.     7,111,306      2,030
* Poly Developments & Holdings Group Co. Ltd. Class A     1,817,295      2,013
  Guangdong Haid Group Co. Ltd. Class A       256,208      2,010
* Daqo New Energy Corp. ADR        92,115      2,004
*,1,2 Jinxin Fertility Group Ltd.     4,685,161      1,990

    Shares Market
Value
($000)
  China Energy Engineering Corp. Ltd. Class H    12,022,000      1,986
  China Construction Bank Corp. Class A     1,512,500      1,978
* Shanghai Electric Group Co. Ltd. Class A     1,826,000      1,977
  Shennan Circuits Co. Ltd. Class A       100,339      1,973
* Qinghai Salt Lake Industry Co. Ltd. Class A       777,295      1,946
  Aluminum Corp. of China Ltd. Class A     1,876,800      1,930
* iQIYI Inc. ADR     1,041,845      1,917
* Air China Ltd. Class A     1,884,826      1,902
2 Hangzhou Tigermed Consulting Co. Ltd. Class H       266,043      1,888
  Anhui Conch Cement Co. Ltd. Class A       576,972      1,887
* Lufax Holding Ltd. ADR       650,948      1,881
1 Guangzhou Automobile Group Co. Ltd. Class H     4,644,058      1,877
  Yihai International Holding Ltd.     1,088,418      1,874
1 China Everbright Ltd.     1,826,662      1,865
  Rongsheng Petrochemical Co. Ltd. Class A (XSEC)     1,466,250      1,860
  COSCO SHIPPING Ports Ltd.     2,647,097      1,854
  China Suntien Green Energy Corp. Ltd. Class H     3,454,000      1,845
  Livzon Pharmaceutical Group Inc. Class H       384,171      1,839
  Eve Energy Co. Ltd. Class A       298,164      1,828
  Shanghai Rural Commercial Bank Co. Ltd. Class A     1,439,686      1,818
  Huadian Power International Corp. Ltd. Class H     3,375,550      1,817
  Kuang-Chi Technologies Co. Ltd. Class A       320,500      1,816
  Goldwind Science & Technology Co. Ltd. Class H     2,038,261      1,809
  Shenzhen Transsion Holdings Co. Ltd. Class A       170,679      1,803
* Nine Dragons Paper Holdings Ltd.     3,266,072      1,791
1,2 Pharmaron Beijing Co. Ltd. Class H       620,627      1,789
  Henan Shuanghui Investment & Development Co. Ltd. Class A       520,108      1,784
  Hengli Petrochemical Co. Ltd. Class A       831,800      1,784
  China Energy Engineering Corp. Ltd. Class A (XSSC)     4,956,699      1,783
  Datang International Power Generation Co. Ltd. Class H     7,029,035      1,772
  Weibo Corp. Class A       181,358      1,771
  Orient Securities Co. Ltd. Class A     1,130,457      1,764
  IEIT Systems Co. Ltd. Class A       227,320      1,755
  Yuexiu Property Co. Ltd.     2,979,853      1,752
1,2 China Tourism Group Duty Free Corp. Ltd. Class H       242,200      1,750
  TCL Technology Group Corp. Class A     2,845,450      1,738
  Suzhou TFC Optical Communication Co. Ltd. Class A       119,380      1,737
1 Mao Geping Cosmetics Co. Ltd.       135,800      1,726
* Seazen Group Ltd.     5,389,639      1,718
  GD Power Development Co. Ltd. Class A     2,698,796      1,718
  Range Intelligent Computing Technology Group Co. Ltd. Class A       247,998      1,709
* China Southern Airlines Co. Ltd. Class H     3,687,237      1,697
  Shanghai International Airport Co. Ltd. Class A       377,398      1,686
  GigaDevice Semiconductor Inc. Class A       100,071      1,678
  Guosen Securities Co. Ltd. Class A       911,381      1,677
  GoerTek Inc. Class A       525,020      1,668
  360 Security Technology Inc. Class A     1,063,599      1,667
  Bank of Chengdu Co. Ltd. Class A       647,300      1,661
  China Merchants Shekou Industrial Zone Holdings Co. Ltd. Class A     1,373,096      1,659
1 Dongfang Electric Corp. Ltd. Class H       703,291      1,651
  Ningbo Tuopu Group Co. Ltd. Class A       259,295      1,649
*,1 Tianqi Lithium Corp. Class H       363,400      1,634
1,2 Shenwan Hongyuan Group Co. Ltd. Class H     3,904,000      1,630
  Huadong Medicine Co. Ltd. Class A       262,500      1,618
  Metallurgical Corp. of China Ltd. Class H     7,412,030      1,605
  Chongqing Changan Automobile Co. Ltd. Class B     2,959,064      1,594
2 China Railway Signal & Communication Corp. Ltd. Class H     3,636,353      1,590
  Shanghai Industrial Holdings Ltd.       852,512      1,589
  Zhejiang Huayou Cobalt Co. Ltd. Class A       259,650      1,589
  China International Marine Containers Group Co. Ltd. Class H     1,472,625      1,582
  Sichuan Chuantou Energy Co. Ltd. Class A       727,900      1,577
  China Merchants Expressway Network & Technology Holdings Co. Ltd. Class A     1,011,273      1,576
  Lao Feng Xiang Co. Ltd. Class B       439,385      1,571
* Beijing Capital International Airport Co. Ltd. Class H     3,981,292      1,546
  Zhejiang Juhua Co. Ltd. Class A       415,249      1,540
* China Southern Airlines Co. Ltd. Class A     1,950,297      1,535
*,1,2 Hygeia Healthcare Holdings Co. Ltd. Class C       704,067      1,530
  Shougang Fushan Resources Group Ltd.     4,165,779      1,529
  Everbright Securities Co. Ltd. Class A       605,495      1,527
  Hundsun Technologies Inc. Class A       300,042      1,503

    Shares Market
Value
($000)
*,2 Legend Holdings Corp. Class H     1,176,079      1,492
  Unisplendour Corp. Ltd. Class A       434,236      1,485
  Great Wall Motor Co. Ltd. Class A       493,604      1,481
  CNPC Capital Co. Ltd. Class A     1,233,491      1,479
  Zhongjin Gold Corp. Ltd. Class A       737,700      1,468
  TBEA Co. Ltd. Class A       775,960      1,456
  Yankuang Energy Group Co. Ltd. Class A       831,202      1,456
  Poly Property Services Co. Ltd. Class H       325,246      1,444
* China Eastern Airlines Corp. Ltd. Class H     3,997,171      1,440
1,2 Yangtze Optical Fibre & Cable Joint Stock Co. Ltd. Class H       417,930      1,431
  Shenzhen Kinwong Electronic Co. Ltd. Class A       154,740      1,423
* Sichuan Biokin Pharmaceutical Co. Ltd. Class A        33,361      1,422
  China Zheshang Bank Co. Ltd. Class A     3,012,950      1,419
  Founder Securities Co. Ltd. Class A     1,260,695      1,419
  Rockchip Electronics Co. Ltd. Class A        62,798      1,408
  Zhejiang NHU Co. Ltd. Class A       451,928      1,406
  Anker Innovations Technology Co. Ltd. Class A        79,359      1,363
  Ganfeng Lithium Co. Ltd. Class A       270,100      1,349
* Hainan Airlines Holding Co. Ltd. Class A     6,554,318      1,347
* Dongfang Electric Corp. Ltd. Class A       480,084      1,345
  Anhui Expressway Co. Ltd. Class H       860,728      1,343
  Zhejiang Sanhua Intelligent Controls Co. Ltd. Class A       365,370      1,339
  CSPC Innovation Pharmaceutical Co. Ltd. Class A       179,020      1,339
* China Vanke Co. Ltd. Class A     1,490,500      1,332
  Chaozhou Three-Circle Group Co. Ltd. Class A       289,500      1,329
  Satellite Chemical Co. Ltd. Class A       489,680      1,324
* ZEEKR Intelligent Technology Holding Ltd. ADR        46,561      1,315
* China Eastern Airlines Corp. Ltd. Class A     2,466,829      1,298
* Jiangsu Eastern Shenghong Co. Ltd. Class A     1,030,959      1,278
  Sieyuan Electric Co. Ltd. Class A       117,900      1,277
  Sichuan Kelun Pharmaceutical Co. Ltd. Class A       243,390      1,276
  Lingyi iTech Guangdong Co. Class A     1,026,400      1,276
  JCET Group Co. Ltd. Class A       260,200      1,264
  Beijing Enlight Media Co. Ltd. Class A       458,300      1,256
  Sanan Optoelectronics Co. Ltd. Class A       724,400      1,256
2 Qingdao Port International Co. Ltd. Class H     1,507,433      1,253
  China Lesso Group Holdings Ltd.     2,093,883      1,246
  Shanghai Fosun Pharmaceutical Group Co. Ltd. Class A       323,215      1,240
  Empyrean Technology Co. Ltd. Class A        81,330      1,240
  China Resources Microelectronics Ltd. Class A       191,777      1,239
  Guolian Minsheng Securities Co. Ltd. Class A       790,400      1,230
  Unigroup Guoxin Microelectronics Co. Ltd. Class A       125,575      1,210
2 Blue Moon Group Holdings Ltd.     2,506,500      1,208
  Industrial Securities Co. Ltd. Class A     1,330,410      1,201
  Yihai Kerry Arawana Holdings Co. Ltd. Class A       284,200      1,192
  Metallurgical Corp. of China Ltd. Class A     2,831,500      1,191
  Tsingtao Brewery Co. Ltd. Class A       125,083      1,179
  China Coal Energy Co. Ltd. Class A       717,838      1,177
  Huizhou Desay Sv Automotive Co. Ltd. Class A        83,300      1,173
  Imeik Technology Development Co. Ltd. Class A        45,460      1,169
* Yonyou Network Technology Co. Ltd. Class A       531,162      1,165
  Huaneng Power International Inc. Class A     1,143,944      1,165
  Shenzhen Salubris Pharmaceuticals Co. Ltd. Class A       167,000      1,158
  Shanghai International Port Group Co. Ltd. Class A     1,473,900      1,153
  Yunnan Aluminium Co. Ltd. Class A       534,700      1,152
  Sinopec Shanghai Petrochemical Co. Ltd. Class H     6,502,940      1,150
  Anhui Gujing Distillery Co. Ltd. Class A        59,688      1,142
  Chongqing Zhifei Biological Products Co. Ltd. Class A       342,450      1,140
*,2 CanSino Biologics Inc. Class H       199,859      1,134
1,2 Everbright Securities Co. Ltd. Class H       849,070      1,131
  Yutong Bus Co. Ltd. Class A       325,800      1,128
  Huayu Automotive Systems Co. Ltd. Class A       461,869      1,126
  Chongqing Rural Commercial Bank Co. Ltd. Class A     1,193,500      1,124
* Tianqi Lithium Corp. Class A (XSEC)       211,884      1,123
  Gotion High-tech Co. Ltd. Class A       276,400      1,121
  COSCO SHIPPING Development Co. Ltd. Class H     7,512,713      1,119
1 Flat Glass Group Co. Ltd. Class H       861,649      1,118
  China Resources Sanjiu Medical & Pharmaceutical Co. Ltd. Class A       256,260      1,115
1,2 ZJLD Group Inc.     1,301,000      1,109
* Beijing Compass Technology Development Co. Ltd. Class A        90,000      1,105

    Shares Market
Value
($000)
  Shanghai Baosight Software Co. Ltd. Class A       322,200      1,105
  Isoftstone Information Technology Group Co. Ltd. Class A       145,200      1,104
* Jinko Solar Co. Ltd. Class A     1,512,690      1,097
  China Resources Building Materials Technology Holdings Ltd.     4,461,958      1,088
  Zheshang Securities Co. Ltd. Class A       689,600      1,087
  Zhejiang Dahua Technology Co. Ltd. Class A       477,600      1,077
  Shanghai Pharmaceuticals Holding Co. Ltd. Class A       407,044      1,077
  Shanghai Zhangjiang High-Tech Park Development Co. Ltd. Class A       240,100      1,073
* Loongson Technology Corp. Ltd. Class A        58,981      1,072
  YTO Express Group Co. Ltd. Class A       523,600      1,071
* Hopson Development Holdings Ltd.     2,211,947      1,065
* China Greatwall Technology Group Co. Ltd. Class A       507,000      1,061
  Sun Art Retail Group Ltd.     4,005,500      1,056
  Huaqin Technology Co. Ltd. Class A        92,400      1,054
  Huagong Tech Co. Ltd. Class A       150,459      1,052
* Beijing Wantai Biological Pharmacy Enterprise Co. Ltd. Class A       129,311      1,051
  Hangzhou Tigermed Consulting Co. Ltd. Class A       110,729      1,044
  Zhejiang Chint Electrics Co. Ltd. Class A       330,793      1,044
  SDIC Capital Co. Ltd. Class A       993,500      1,042
  Spring Airlines Co. Ltd. Class A       142,900      1,037
*,1,2 Shanghai Junshi Biosciences Co. Ltd. Class H       320,143      1,036
  ENN Natural Gas Co. Ltd. Class A       403,800      1,034
  Jiangsu King's Luck Brewery JSC Ltd. Class A       189,006      1,032
  Haisco Pharmaceutical Group Co. Ltd. Class A       133,400      1,030
  SooChow Securities Co. Ltd. Class A       776,206      1,029
  Towngas Smart Energy Co. Ltd.     2,023,307      1,028
  Shanjin International Gold Co. Ltd. Class A       410,040      1,026
  Shenzhen Expressway Corp. Ltd. Class H     1,185,782      1,020
* Wuhan Guide Infrared Co. Ltd. Class A       625,095      1,019
  Giant Network Group Co. Ltd. Class A       309,300      1,018
  China Merchants Energy Shipping Co. Ltd. Class A     1,209,100      1,016
  Beijing Jingneng Clean Energy Co. Ltd. Class H     3,358,579      1,016
*,2 BAIC Motor Corp. Ltd. Class H     3,714,436      1,015
  Zhongtai Securities Co. Ltd. Class A     1,091,978      1,011
  Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd. Class H       438,620      1,010
* Tianfeng Securities Co. Ltd. Class A     1,363,700      1,004
  National Silicon Industry Group Co. Ltd. Class A       389,285      1,003
* Verisilicon Microelectronics Shanghai Co. Ltd. Class A        72,902      1,002
  Ecovacs Robotics Co. Ltd. Class A        90,200        997
  Shandong Hualu Hengsheng Chemical Co. Ltd. Class A       299,044        995
  Zoomlion Heavy Industry Science & Technology Co. Ltd. Class A       974,200        994
  Beijing Tong Ren Tang Co. Ltd. Class A       198,686        994
  Piotech Inc. Class A        42,129        994
  Sichuan Road & Bridge Co. Ltd. Class A       859,438        992
  China Jushi Co. Ltd. Class A       575,453        989
* China National Chemical Engineering Co. Ltd. Class A       891,800        989
* BAIC BluePark New Energy Technology Co. Ltd. Class A       877,618        988
  Inner Mongolia Dian Tou Energy Corp. Ltd. Class A       352,600        986
  Shanghai RAAS Blood Products Co. Ltd. Class A     1,022,800        979
  Huadian Power International Corp. Ltd. Class A     1,322,795        975
  Goneo Group Co. Ltd. Class A       147,773        967
  Beijing Roborock Technology Co. Ltd. Class A        40,261        966
  Ningbo Deye Technology Co. Class A       135,646        962
  Huaneng Lancang River Hydropower Inc. Class A       742,700        959
  Zhejiang Zheneng Electric Power Co. Ltd. Class A     1,326,500        957
  Tongling Nonferrous Metals Group Co. Ltd. Class A     1,983,158        956
  Sangfor Technologies Inc. Class A        63,699        952
  Xinhua Winshare Publishing & Media Co. Ltd. Class H       634,439        949
  Beijing New Building Materials plc Class A       262,096        949
  Pharmaron Beijing Co. Ltd. Class A       220,978        949
* Jiangsu Hoperun Software Co. Ltd. Class A       129,100        948
  Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class B     2,032,234        946
  BOC International China Co. Ltd. Class A       447,600        946
  Sinoma Science & Technology Co. Ltd. Class A       241,600        945
  Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd. Class A     1,274,300        944
* Xinjiang Daqo New Energy Co. Ltd. Class A       262,971        944
  Shandong Nanshan Aluminum Co. Ltd. Class A     1,715,000        935
  Zangge Mining Co. Ltd. Class A       145,996        931
  Sichuan Changhong Electric Co. Ltd. Class A       678,800        930
  Wingtech Technology Co. Ltd. Class A       180,800        927

    Shares Market
Value
($000)
  Shanghai Allist Pharmaceuticals Co. Ltd. Class A        68,856        927
  Nexchip Semiconductor Corp. Class A       306,775        926
  Hangzhou Silan Microelectronics Co. Ltd. Class A       260,900        925
  Jiangsu Zhongtian Technology Co. Ltd. Class A       479,900        922
  Shandong Himile Mechanical Science & Technology Co. Ltd. Class A       118,174        919
  Changchun High-Tech Industry Group Co. Ltd. Class A        62,782        918
  Hainan Airport Infrastructure Co. Ltd. Class A     1,680,223        915
  Jiangxi Copper Co. Ltd. Class A       292,276        911
  Shenzhen New Industries Biomedical Engineering Co. Ltd. Class A       117,977        909
  Yunnan Yuntianhua Co. Ltd. Class A       265,496        908
* CCOOP Group Co. Ltd. Class A     2,811,600        900
  Tianshan Aluminum Group Co. Ltd. Class A       709,400        897
  Kingnet Network Co. Ltd. Class A       350,900        893
  Yealink Network Technology Corp. Ltd. Class A       191,595        891
* Guangdong HEC Technology Holding Co. Ltd. Class A       432,553        889
  Changjiang Securities Co. Ltd. Class A       868,686        888
  Hoshine Silicon Industry Co. Ltd. Class A       121,200        886
* Kunlun Tech Co. Ltd. Class A       177,400        883
* China Rare Earth Resources & Technology Co. Ltd. Class A       149,700        880
* Yonghui Superstores Co. Ltd. Class A     1,331,900        869
  SG Micro Corp. Class A (XSHE)        87,457        864
  Hengtong Optic-electric Co. Ltd. Class A       390,100        862
  Shenghe Resources Holding Co. Ltd. Class A       285,100        861
  Caitong Securities Co. Ltd. Class A       756,077        849
* China National Software & Service Co. Ltd. Class A       128,697        845
  Bank of Changsha Co. Ltd. Class A       614,000        843
  New Hope Liuhe Co. Ltd. Class A       630,900        842
  Maxscend Microelectronics Co. Ltd. Class A        81,608        840
  CGN Power Co. Ltd. Class A     1,641,700        839
  Bestechnic Shanghai Co. Ltd. Class A        24,976        832
  Sailun Group Co. Ltd. Class A       464,600        831
  Hunan Valin Steel Co. Ltd. Class A     1,056,100        830
* Angang Steel Co. Ltd. Class H     2,898,568        829
1,2 Angelalign Technology Inc.       110,767        829
  Shenergy Co. Ltd. Class A       728,600        827
  TongFu Microelectronics Co. Ltd. Class A       212,100        826
  Western Mining Co. Ltd. Class A       356,700        826
  Shandong Sun Paper Industry JSC Ltd. Class A       426,400        825
  Hwatsing Technology Co. Ltd. Class A        53,827        824
  Bank of Suzhou Co. Ltd. Class A       693,860        823
  Shanxi Lu'an Environmental Energy Development Co. Ltd. Class A       430,650        820
  Beijing Tiantan Biological Products Corp. Ltd. Class A       294,760        820
  Chifeng Jilong Gold Mining Co. Ltd. Class A       257,600        819
  Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd. Class A       219,100        817
  Lee & Man Paper Manufacturing Ltd.     2,462,583        816
  Hangzhou First Applied Material Co. Ltd. Class A       400,170        812
  Mango Excellent Media Co. Ltd. Class A       264,729        809
  37 Interactive Entertainment Network Technology Group Co. Ltd. Class A       351,100        808
1 Central China Securities Co. Ltd. Class H     2,314,621        808
  Accelink Technologies Co. Ltd. Class A       112,200        806
  LB Group Co. Ltd. Class A       340,500        805
1 Huaxin Cement Co. Ltd. Class H       490,400        804
  Huafon Chemical Co. Ltd. Class A       769,700        802
  Asymchem Laboratories Tianjin Co. Ltd. Class A        50,440        800
  APT Medical Inc. Class A        20,271        800
  Citic Pacific Special Steel Group Co. Ltd. Class A       445,053        799
  Guangzhou Automobile Group Co. Ltd. Class A       762,930        799
  Guanghui Energy Co. Ltd. Class A     1,058,200        796
  Xiamen Tungsten Co. Ltd. Class A       246,699        795
  Shanghai Friendess Electronic Technology Corp. Ltd. Class A        43,643        795
  Chengdu Kanghong Pharmaceutical Group Co. Ltd. Class A       139,398        793
  Yantai Jereh Oilfield Services Group Co. Ltd. Class A       145,897        788
  Henan Shenhuo Coal Industry & Electricity Power Co. Ltd. Class A       321,100        788
  China Great Wall Securities Co. Ltd. Class A       642,400        786
  Glarun Technology Co. Ltd. Class A       186,800        785
* Maanshan Iron & Steel Co. Ltd. Class H     2,828,000        784
  Guangshen Railway Co. Ltd. Class H     3,142,100        783
  Dongxing Securities Co. Ltd. Class A       506,792        783
  Shanxi Coking Coal Energy Group Co. Ltd. Class A       797,920        781
  Datang International Power Generation Co. Ltd. Class A     1,646,400        779

    Shares Market
Value
($000)
  Sunwoda Electronic Co. Ltd. Class A       259,900        775
  Beijing Yanjing Brewery Co. Ltd. Class A       449,200        775
  Sinolink Securities Co. Ltd. Class A       601,000        774
  Western Securities Co. Ltd. Class A       662,694        770
* United Nova Technology Co. Ltd. Class A     1,100,715        768
  China Railway Signal & Communication Corp. Ltd. Class A     1,043,519        766
  Hangzhou GreatStar Industrial Co. Ltd.       177,600        765
  GalaxyCore Inc. Class A       356,844        757
  Wolong Electric Group Co. Ltd. Class A       238,560        755
* OFILM Group Co. Ltd. Class A       479,400        750
  Goldwind Science & Technology Co. Ltd. Class A       560,097        750
  Zhejiang Jingsheng Mechanical & Electrical Co. Ltd. Class A       194,000        750
* Chongqing Qianli Technology Co. Ltd. Class A       658,000        749
* Jinduicheng Molybdenum Co. Ltd. Class A       418,200        747
  Guoyuan Securities Co. Ltd. Class A       631,751        745
* Shijiazhuang Changshan BeiMing Technology Co. Ltd. Class A       230,200        741
  Supcon Technology Co. Ltd. Class A       111,845        741
  Guangzhou Tinci Materials Technology Co. Ltd. Class A       282,020        738
  Inner Mangolia ERDOS Resources Co. Ltd. Class B       737,214        735
* AVIC Chengdu UAS Co. Ltd. Class A        88,264        733
  Shanghai Putailai New Energy Technology Co. Ltd. Class A       301,186        732
* Cathay Biotech Inc. Class A       109,770        732
* ACM Research Shanghai Inc. Class A        42,163        730
  COSCO SHIPPING Energy Transportation Co. Ltd. Class A       521,700        728
  Zhuzhou CRRC Times Electric Co. Ltd. Class A       119,857        727
* ASR Microelectronics Co. Ltd. Class A        59,491        727
* Shanghai 2345 Network Holding Group Co. Ltd. Class A       909,670        725
  DHC Software Co. Ltd. Class A       564,000        725
  Gan & Lee Pharmaceuticals Co. Ltd. Class A        90,100        725
  Humanwell Healthcare Group Co. Ltd. Class A       238,300        721
* JA Solar Technology Co. Ltd. Class A       469,089        719
  Jiangsu Yuyue Medical Equipment & Supply Co. Ltd. Class A       148,300        718
  Shengyi Electronics Co. Ltd. Class A        97,309        714
  Changzhou Xingyu Automotive Lighting Systems Co. Ltd. Class A        43,100        709
*,2 China Bohai Bank Co. Ltd. Class H     5,405,083        709
  Tianshui Huatian Technology Co. Ltd. Class A       507,600        705
  Kingfa Sci & Tech Co. Ltd. Class A       401,300        703
  Newland Digital Technology Co. Ltd. Class A       169,699        702
  Meihua Holdings Group Co. Ltd. Class A       449,300        702
  Shenzhen Goodix Technology Co. Ltd. Class A        67,600        694
* Xiangcai Co. Ltd. Class A       456,700        690
  Zhejiang Wanfeng Auto Wheel Co. Ltd. Class A       298,700        685
  CSI Solar Co. Ltd. Class A       552,987        685
  Flat Glass Group Co. Ltd. Class A       303,195        684
* Everdisplay Optronics Shanghai Co. Ltd. Class A     1,924,289        684
  Beijing Ultrapower Software Co. Ltd. Class A       390,600        683
  GRG Banking Equipment Co. Ltd. Class A       371,287        681
  Ingenic Semiconductor Co. Ltd. Class A        73,800        681
* Trina Solar Co. Ltd. Class A       316,234        680
  Nanjing Securities Co. Ltd. Class A       594,200        679
2 Joinn Laboratories China Co. Ltd. Class H       223,663        679
  Western Superconducting Technologies Co. Ltd. Class A        89,566        678
  Zhejiang Huahai Pharmaceutical Co. Ltd. Class A       219,220        677
  Zhejiang Weiming Environment Protection Co. Ltd. Class A       255,788        676
  Wangsu Science & Technology Co. Ltd. Class A       445,600        674
  Capital Securities Co. Ltd. Class A       243,400        674
  Jiangsu Financial Leasing Co. Ltd. Class A       838,100        673
  Cinda Securities Co. Ltd. Class A       296,400        671
  Youngor Group Co. Ltd. Class A       655,000        668
  Ningbo Sanxing Medical Electric Co. Ltd. Class A       212,400        663
  Hisense Visual Technology Co. Ltd. Class A       210,100        663
* North Industries Group Red Arrow Co. Ltd. Class A       218,900        662
  Zhejiang Longsheng Group Co. Ltd. Class A       449,700        661
  Dong-E-E-Jiao Co. Ltd. Class A        92,000        660
  JL Mag Rare-Earth Co. Ltd. Class A       173,818        660
*,3 Quzhou Xin'an Development Co. Ltd. Class A     1,161,800        658
  China XD Electric Co. Ltd. Class A       723,522        658
  Shenzhen Longsys Electronics Co. Ltd. Class A        53,200        656
* Tianjin Zhonghuan Semiconductor Co. Ltd. Class A       577,375        653
  First Capital Securities Co. Ltd. Class A       636,700        653

    Shares Market
Value
($000)
* Seazen Holdings Co. Ltd. Class A       321,597        651
  GEM Co. Ltd. Class A       725,598        649
  Beijing Sinnet Technology Co. Ltd. Class A       319,800        645
* Shenzhen Infogem Technologies Co. Ltd. Class A       113,088        643
  Guangzhou Haige Communications Group Inc. Co. Class A       349,000        641
  Huaibei Mining Holdings Co. Ltd. Class A       375,900        641
* Ninestar Corp. Class A       195,225        637
  HLA Group Corp. Ltd. Class A       666,353        631
  Guangzhou Yuexiu Financial Holdings Group Co. Ltd. Class A       618,585        630
  All Winner Technology Co. Ltd. Class A       113,126        624
  China Film Group Co. Ltd. Class A       337,766        623
  Ningbo Orient Wires & Cables Co. Ltd. Class A        94,300        620
  Yangzhou Yangjie Electronic Technology Co. Ltd. Class A        83,500        619
  Hualan Biological Engineering Inc. Class A       267,864        617
  Hangzhou Binjiang Real Estate Group Co. Ltd. Class A       445,100        617
* Yunnan Energy New Material Co. Ltd. Class A       150,310        616
  Skshu Paint Co. Ltd. Class A       115,403        614
  Wintime Energy Group Co. Ltd. Class A     3,091,400        613
  AVICOPTER plc Class A       111,300        612
  Jiangsu Phoenix Publishing & Media Corp. Ltd. Class A       403,400        612
* Kangmei Pharmaceutical Co. Ltd. Class A     2,127,500        612
  CNGR Advanced Material Co. Ltd. Class A       130,612        611
* Hangzhou Iron & Steel Co. Class A       495,900        611
  Perfect World Co. Ltd. Class A       302,200        610
  CNOOC Energy Technology & Services Ltd. Class A     1,082,200        609
  SPIC Industry-Finance Holdings Co. Ltd. Class A       652,200        607
  Hongta Securities Co. Ltd. Class A       504,000        606
  Ningbo Zhoushan Port Co. Ltd. Class A     1,203,000        606
  Shanghai M&G Stationery Inc. Class A       141,500        605
  Xiamen C & D Inc. Class A       428,300        604
* Amlogic Shanghai Co. Ltd. Class A        60,336        604
* Shanghai Junshi Biosciences Co. Ltd. Class A       113,129        602
  Huaxi Securities Co. Ltd. Class A       432,000        601
  Shenzhen Kedali Industry Co. Ltd. Class A        39,300        596
* MGI Tech Co. Ltd. Class A        62,452        595
  Oppein Home Group Inc. Class A        82,851        593
  Shenzhen Woer Heat-Shrinkable Material Co. Ltd. Class A       183,400        592
  Angel Yeast Co. Ltd. Class A       124,200        592
  Livzon Pharmaceutical Group Inc. Class A       101,400        591
  Shenzhen Everwin Precision Technology Co. Ltd. Class A       187,697        590
  Shenzhen Huaqiang Industry Co. Ltd. Class A       164,300        589
  Shenzhen Energy Group Co. Ltd. Class A       651,220        589
  Anhui Yingjia Distillery Co. Ltd. Class A       103,200        588
* BeOne Medicines Ltd. Class A        17,882        586
  Hangzhou Chang Chuan Technology Co. Ltd. Class A        97,100        584
  Tongkun Group Co. Ltd. Class A       339,000        583
  Shanghai Mechanical & Electrical Industry Co. Ltd. Class B       494,438        582
* Qi An Xin Technology Group Inc. Class A       116,523        582
  Shenzhen Kaifa Technology Co. Ltd. Class A       225,500        580
* Guosheng Financial Holding Inc. Class A       274,000        580
  Hunan Gold Corp. Ltd. Class A       234,910        579
  Raytron Technology Co. Ltd. Class A        63,780        579
* J-Yuan Trust Co. Ltd. Class A     1,420,900        578
  Thunder Software Technology Co. Ltd. Class A        71,100        577
  Tian Di Science & Technology Co. Ltd. Class A       673,800        577
  Universal Scientific Industrial Shanghai Co. Ltd. Class A       260,200        573
  JCHX Mining Management Co. Ltd. Class A        87,432        573
  Lepu Medical Technology Beijing Co. Ltd. Class A       264,200        571
  Yifeng Pharmacy Chain Co. Ltd. Class A (XSHG)       173,114        569
* Shanghai Aiko Solar Energy Co. Ltd. Class A       292,400        568
  Betta Pharmaceuticals Co. Ltd. Class A        63,500        567
  Winning Health Technology Group Co. Ltd. Class A       376,080        566
  China Oilfield Services Ltd. Class A       292,289        566
  Southwest Securities Co. Ltd. Class A       893,700        563
  Shanghai Zhenhua Heavy Industries Co. Ltd. Class B     2,044,864        562
  Baimtec Material Co. Ltd. Class A        70,621        561
  Sunresin New Materials Co. Ltd. Class A        78,000        560
  Bethel Automotive Safety Systems Co. Ltd. Class A        85,680        559
  Zhejiang Crystal-Optech Co. Ltd. Class A       193,196        558
  RoboTechnik Intelligent Technology Co. Ltd. Class A        22,400        558

    Shares Market
Value
($000)
* China TransInfo Technology Co. Ltd. Class A       376,100        557
  Weihai Guangwei Composites Co. Ltd. Class A       132,420        557
  Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd. Class A       992,400        555
  Shanghai Electric Power Co. Ltd. Class A       422,000        555
  Jiangsu Yangnong Chemical Co. Ltd. Class A        60,580        555
  Leo Group Co. Ltd. Class A     1,041,900        554
  Heilongjiang Agriculture Co. Ltd. Class A       266,300        554
  AIMA Technology Group Co. Ltd. Class A       115,200        554
  Huali Industrial Group Co. Ltd. Class A        76,198        552
* Remegen Co. Ltd. Class A        62,180        552
  Nanjing Iron & Steel Co. Ltd. Class A       866,100        547
  Yunnan Tin Co. Ltd. Class A       221,500        547
  TangShan Port Group Co. Ltd. Class A       970,529        546
  Hubei Xingfa Chemicals Group Co. Ltd. Class A       159,000        546
  Huaan Securities Co. Ltd. Class A       648,700        545
* Hua Hong Semiconductor Ltd. Class A        65,505        545
* Shijiazhuang Yiling Pharmaceutical Co. Ltd. Class A       241,860        544
  Beijing Jingneng Power Co. Ltd. Class A       921,700        544
  BOE Technology Group Co. Ltd. Class B     1,580,515        542
  Juneyao Airlines Co. Ltd. Class A       319,218        542
* Shenzhen Investment Ltd.     4,731,151        541
  Wuchan Zhongda Group Co. Ltd. Class A       722,000        540
  Jilin Aodong Pharmaceutical Group Co. Ltd. Class A       204,800        539
  Han's Laser Technology Industry Group Co. Ltd. Class A       143,600        537
  G-bits Network Technology Xiamen Co. Ltd. Class A        11,400        537
  Fujian Funeng Co. Ltd. Class A       407,340        535
  Hubei Jumpcan Pharmaceutical Co. Ltd. Class A       143,500        535
  Guangzhou Baiyun International Airport Co. Ltd. Class A       411,900        534
  Yunnan Chihong Zinc&Germanium Co. Ltd. Class A       703,800        534
* Greenland Holdings Corp. Ltd. Class A     1,993,300        533
  Chongqing Brewery Co. Ltd. Class A        69,400        533
  Zhejiang Dingli Machinery Co. Ltd. Class A        77,654        532
  Bloomage Biotechnology Corp. Ltd. Class A        73,873        532
  Shanghai Bairun Investment Holding Group Co. Ltd. Class A       158,892        531
  Beijing Shiji Information Technology Co. Ltd. Class A       373,015        531
  Jointown Pharmaceutical Group Co. Ltd. Class A       713,484        531
  Fiberhome Telecommunication Technologies Co. Ltd. Class A       169,597        528
  Shanghai Fudan Microelectronics Group Co. Ltd. Class A        75,425        528
  AECC Aero-Engine Control Co. Ltd. Class A       180,000        527
  Hengdian Group DMEGC Magnetics Co. Ltd. Class A       246,000        526
  Jiangsu Yoke Technology Co. Ltd. Class A        68,700        526
* Sinopec Oilfield Service Corp. Class H     5,208,803        525
  BBMG Corp. Class H     5,067,085        521
  China National Medicines Corp. Ltd. Class A       127,500        521
  CSG Holding Co. Ltd. Class B     2,197,752        520
  Minmetals Capital Co. Ltd. Class A       626,100        520
* Pangang Group Vanadium Titanium & Resources Co. Ltd. Class A     1,384,100        519
* NavInfo Co. Ltd. Class A       445,996        519
  Intco Medical Technology Co. Ltd. Class A       108,910        519
* Pacific Securities Co. Ltd. Class A       928,800        517
* Suzhou Novosense Microelectronics Co. Ltd. Class A        21,586        517
  Sealand Securities Co. Ltd. Class A       886,140        516
  Shan Xi Hua Yang Group New Energy Co. Ltd. Class A       543,600        516
* Caida Securities Co. Ltd. Class A       523,000        515
  Zhejiang Supor Co. Ltd. Class A        70,976        511
* Siasun Robot & Automation Co. Ltd. Class A       217,920        511
  Beijing Capital Eco-Environment Protection Group Co. Ltd. Class A     1,191,290        510
  Sinomine Resource Group Co. Ltd. Class A       101,580        510
* Shanxi Taigang Stainless Steel Co. Ltd. Class A       874,400        508
  Shenzhen Capchem Technology Co. Ltd. Class A       107,740        504
  Sinoma International Engineering Co. Class A       400,000        504
  Ming Yang Smart Energy Group Ltd. Class A       326,600        503
  Qingdao TGOOD Electric Co. Ltd. Class A       160,300        502
  Wanxiang Qianchao Co. Ltd. Class A       479,233        502
  China Zhenhua Group Science & Technology Co. Ltd. Class A        76,000        501
  Ningbo Joyson Electronic Corp. Class A       197,500        501
* Wanda Film Holding Co. Ltd. Class A       308,599        501
  Zhejiang Hailiang Co. Ltd. Class A       329,100        500
  YUNDA Holding Group Co. Ltd. Class A       473,970        500
  Shandong Linglong Tyre Co. Ltd. Class A       236,200        499

    Shares Market
Value
($000)
  Shenzhen SED Industry Co. Ltd. Class A       159,100        497
  Hunan Yuneng New Energy Battery Material Co. Ltd. Class A       114,700        496
  Yunnan Copper Co. Ltd. Class A       276,000        495
* Grandjoy Holdings Group Co. Ltd. Class A     1,183,288        495
  Shanghai Construction Group Co. Ltd. Class A     1,474,000        495
  Zhengzhou Coal Mining Machinery Group Co. Ltd. Class A       220,000        494
  Xiamen Faratronic Co. Ltd. Class A        32,300        493
  Taiji Computer Corp. Ltd. Class A       142,998        492
  Anhui Zhongding Sealing Parts Co. Ltd. Class A       201,700        492
  Hebei Yangyuan Zhihui Beverage Co. Ltd. Class A       166,600        492
  Oriental Pearl Group Co. Ltd. Class A       457,500        489
  Jizhong Energy Resources Co. Ltd. Class A       588,803        488
  Jiangsu Expressway Co. Ltd. Class A       246,275        485
  Bluefocus Intelligent Communications Group Co. Ltd. Class A       504,280        485
* SICC Co. Ltd. Class A        59,095        484
  Shanghai Lingang Holdings Corp. Ltd. Class A       376,288        483
  Jiangsu Nhwa Pharmaceutical Co. Ltd. Class A       157,500        482
  Offshore Oil Engineering Co. Ltd. Class A       627,100        480
  Hisense Home Appliances Group Co. Ltd. Class A       134,500        479
  Hangzhou Oxygen Plant Group Co. Ltd. Class A       157,477        479
  Hengyi Petrochemical Co. Ltd. Class A       574,400        478
  Shanghai Moons' Electric Co. Ltd. Class A        58,600        478
* Angang Steel Co. Ltd. Class A     1,249,900        476
  Shenzhen YUTO Packaging Technology Co. Ltd. Class A       144,756        476
  COSCO SHIPPING Development Co. Ltd. Class A     1,377,840        476
* Shandong Hi-speed Co. Ltd. Class A       338,700        474
  Zhefu Holding Group Co. Ltd. Class A       935,000        471
  CETC Cyberspace Security Technology Co. Ltd. Class A       185,898        471
  Songcheng Performance Development Co. Ltd. Class A       394,720        468
* Rising Nonferrous Metals Share Co. Ltd. Class A        55,000        468
* Tianma Microelectronics Co. Ltd. Class A       364,666        467
  Baiyin Nonferrous Group Co. Ltd. Class A     1,059,500        466
  Liaoning Port Co. Ltd. Class A     2,183,500        463
  Weifu High-Technology Group Co. Ltd. Class B       284,162        462
  China South Publishing & Media Group Co. Ltd. Class A       258,821        462
  Yili Chuanning Biotechnology Co. Ltd. Class A       267,000        462
* Maanshan Iron & Steel Co. Ltd. Class A       959,100        461
* Tsinghua Tongfang Co. Ltd. Class A       450,300        461
  Guangzhou Shiyuan Electronic Technology Co. Ltd. Class A        94,697        460
  Luxi Chemical Group Co. Ltd. Class A       283,800        458
  Inner Mongolia Berun Chemical Co. Ltd. Class A       572,200        458
  Joinn Laboratories China Co. Ltd. Class A       103,428        457
  Shanxi Securities Co. Ltd. Class A       533,990        456
  Meinian Onehealth Healthcare Holdings Co. Ltd. Class A       643,140        456
  State Grid Yingda Co. Ltd. Class A       617,606        456
  Shenzhen Sunway Communication Co. Ltd. Class A       137,600        455
  Longshine Technology Group Co. Ltd. Class A       161,400        455
  Bank of Guiyang Co. Ltd. Class A       508,200        451
  Xuji Electric Co. Ltd. Class A       142,800        450
  Anhui Kouzi Distillery Co. Ltd. Class A        97,300        449
  Joincare Pharmaceutical Group Industry Co. Ltd. Class A       254,400        448
  Tasly Pharmaceutical Group Co. Ltd. Class A       197,000        448
  Autobio Diagnostics Co. Ltd. Class A        80,965        447
  Shanghai Jinjiang International Hotels Co. Ltd. Class B       307,247        445
  Hesteel Co. Ltd. Class A     1,336,700        445
  Sany Renewable Energy Co. Ltd. Class A       129,163        444
  Ruijie Networks Co. Ltd. Class A        50,540        444
* Shanghai Jinqiao Export Processing Zone Development Co. Ltd. Class B       543,652        443
  Shenzhen SC New Energy Technology Corp. Class A        57,800        442
  Qingdao Rural Commercial Bank Corp. Class A       907,900        441
* Shenzhen Kingdom Sci-Tech Co. Ltd. Class A       166,991        441
  Autel Intelligent Technology Corp. Ltd. Class A        91,408        441
  China International Marine Containers Group Co. Ltd. Class A       385,540        440
  People.cn Co. Ltd. Class A       155,681        440
  Shanghai Mechanical & Electrical Industry Co. Ltd. Class A       124,700        439
  Shaanxi Energy Investment Co. Ltd. Class A       344,100        439
  STO Express Co. Ltd. Class A       207,099        438
* Ningbo Shanshan Co. Ltd. Class A       314,000        438
* Beiqi Foton Motor Co. Ltd. Class A     1,175,000        438
  Yantai Changyu Pioneer Wine Co. Ltd. Class B       389,084        437

    Shares Market
Value
($000)
  China Resources Double Crane Pharmaceutical Co. Ltd. Class A       148,100        435
  Sinotrans Ltd. Class A       584,900        432
* China Baoan Group Co. Ltd. Class A       342,200        432
  YongXing Special Materials Technology Co. Ltd. Class A        88,710        431
  Aisino Corp. Class A       336,600        430
* Shanxi Meijin Energy Co. Ltd. Class A       674,800        427
* BGI Genomics Co. Ltd. Class A        57,791        427
  Ginlong Technologies Co. Ltd. Class A        54,314        427
  Guangdong Electric Power Development Co. Ltd. Class B     1,771,491        426
  DaShenLin Pharmaceutical Group Co. Ltd. Class A       177,372        426
  Qingdao Port International Co. Ltd. Class A       352,500        426
  China Southern Power Grid Energy Storage Co. Ltd. Class A       303,800        424
  Sichuan Swellfun Co. Ltd. Class A        73,600        423
  China Meheco Group Co. Ltd. Class A       275,020        421
  Shenzhen MTC Co. Ltd. Class A       671,146        419
* Hytera Communications Corp. Ltd. Class A       256,000        418
  Chengdu Xingrong Environment Co. Ltd. Class A       420,805        415
  Xinfengming Group Co. Ltd. Class A       241,700        414
* IRICO Display Devices Co. Ltd. Class A       485,500        414
  Yonfer Agricultural Technology Co. Ltd. Class A       209,300        413
  Jihua Group Corp. Ltd. Class A       734,100        413
  COFCO Sugar Holding Co. Ltd. Class A       302,800        412
  Anjoy Foods Group Co. Ltd. Class A        40,100        411
  Eastern Air Logistics Co. Ltd. Class A       210,498        411
  Beijing Shougang Co. Ltd. Class A       702,400        408
  Topchoice Medical Corp. Class A        63,556        406
  Haohua Chemical Science & Technology Co. Ltd. Class A       113,700        405
  Shanghai Yuyuan Tourist Mart Group Co. Ltd. Class A       504,600        404
  FAW Jiefang Group Co. Ltd. Class A       417,386        403
  Huaxin Cement Co. Ltd. Class A       187,800        402
  Beijing Dabeinong Technology Group Co. Ltd. Class A       701,200        402
  Hubei Energy Group Co. Ltd. Class A       632,408        402
  Jason Furniture Hangzhou Co. Ltd. Class A       113,230        399
  Keda Industrial Group Co. Ltd. Class A       270,600        399
  Guangxi Liugong Machinery Co. Ltd. Class A       267,700        398
  Shandong Pharmaceutical Glass Co. Ltd. Class A       125,700        397
  Yangtze Optical Fibre & Cable Joint Stock Co. Ltd. Class A        56,175        396
  Nanjing King-Friend Biochemical Pharmaceutical Co. Ltd. Class A       241,527        396
  Transfar Zhilian Co. Ltd. Class A       467,400        396
  Bank of Qingdao Co. Ltd. Class A       598,480        395
  Lakala Payment Co. Ltd. Class A       106,100        395
  Suzhou Maxwell Technologies Co. Ltd. Class A        40,166        395
  Beijing Easpring Material Technology Co. Ltd. Class A        68,900        393
  Shanghai Tunnel Engineering Co. Ltd. Class A       427,444        393
  Apeloa Pharmaceutical Co. Ltd. Class A       174,800        390
  Sinopec Shanghai Petrochemical Co. Ltd. Class A       977,900        390
  Sinosoft Co. Ltd. Class A       141,448        390
  Yunnan Botanee Bio-Technology Group Co. Ltd. Class A        62,700        390
  CITIC Heavy Industries Co. Ltd. Class A       604,200        390
  Zhuzhou Kibing Group Co. Ltd. Class A       450,000        389
* Offcn Education Technology Co. Ltd. Class A       945,400        388
  Shenzhen Kangtai Biological Products Co. Ltd. Class A       160,322        387
  By-health Co. Ltd. Class A       237,266        387
* Ourpalm Co. Ltd. Class A       505,700        387
  Guangzhou Development Group Inc. Class A       438,700        387
  An Hui Wenergy Co. Ltd. Class A       390,900        386
  Hangzhou Robam Appliances Co. Ltd. Class A       145,600        386
  Shanghai Jinjiang International Hotels Co. Ltd. Class A       123,220        386
  Pingdingshan Tianan Coal Mining Co. Ltd. Class A       350,200        385
  Walvax Biotechnology Co. Ltd. Class A       218,600        380
  StarPower Semiconductor Ltd. Class A        31,780        378
* Hangzhou Lion Microelectronics Co. Ltd. Class A       109,534        374
* Shenzhen Overseas Chinese Town Co. Ltd. Class A     1,166,700        371
  Northeast Securities Co. Ltd. Class A       324,100        370
* Farasis Energy Gan Zhou Co. Ltd. Class A       165,211        367
  Shanghai Zhenhua Heavy Industries Co. Ltd. Class A       578,400        367
  Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class A       299,972        366
  CSSC Science & Technology Co. Ltd. Class A       208,600        365
  Fangda Carbon New Material Co. Ltd. Class A       549,716        365
  Shandong Buchang Pharmaceuticals Co. Ltd. Class A       144,300        365

    Shares Market
Value
($000)
* Wonders Information Co. Ltd. Class A       330,100        365
  Winner Medical Co. Ltd. Class A        65,540        364
  Anhui Anke Biotechnology Group Co. Ltd. Class A       214,728        362
* 3peak Inc. Class A        18,238        361
  Shaanxi International Trust Co. Ltd. Class A       726,100        360
  Zhejiang Weixing New Building Materials Co. Ltd. Class A       242,900        360
* Tianjin 712 Communication & Broadcasting Co. Ltd. Class A       122,500        360
  CECEP Wind-Power Corp. Class A       864,890        360
  Shanxi Coal International Energy Group Co. Ltd. Class A       270,600        360
  Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd. Class B       465,271        357
  China Railway Hi-tech Industry Co. Ltd. Class A       282,200        356
  Fujian Sunner Development Co. Ltd. Class A       160,100        355
  Yifan Pharmaceutical Co. Ltd. Class A       174,100        355
  Sichuan Yahua Industrial Group Co. Ltd. Class A       183,000        354
  BTG Hotels Group Co. Ltd. Class A       182,796        353
  Guobo Electronics Co. Ltd. Class A        40,553        352
  Leyard Optoelectronic Co. Ltd. Class A       419,800        351
  Sichuan New Energy Power Co. Ltd. Class A       252,100        351
  Jiangsu Pacific Quartz Co. Ltd.Class A        72,300        351
* Shanghai Bailian Group Co. Ltd. Class A       256,600        350
  China Merchants Port Group Co. Ltd. Class A       124,900        349
  Jafron Biomedical Co. Ltd. Class A       105,984        348
* Easyhome New Retail Group Co. Ltd.Class A       845,400        348
  Levima Advanced Materials Corp. Class A       156,800        346
  Air China Cargo Co. Ltd. Class A       370,795        345
* Beijing E-Hualu Information Technology Co. Ltd. Class A       108,500        344
  Beijing United Information Technology Co. Ltd. Class A       104,255        344
  Shanghai Huayi Group Co. Ltd. Class A       298,700        344
  Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. Class A       521,500        342
  Zhongshan Public Utilities Group Co. Ltd. Class A       261,500        340
* Gemdale Corp. Class A       649,600        339
  Tianjin Guangyu Development Co. Ltd. Class A       283,100        339
* Vanchip Tianjin Technology Co. Ltd. Class A        75,165        339
  Goke Microelectronics Co. Ltd. Class A        29,100        338
  Bank of Xi'an Co. Ltd. Class A       634,000        338
* TianShan Material Co. Ltd. Class A       459,500        337
  Jiangsu Broadcasting Cable Information Network Corp. Ltd. Class A       681,930        337
  Zhejiang Daily Digital Culture Group Co. Ltd. Class A       174,371        335
  Shenzhen Aisidi Co. Ltd. Class A       192,100        334
  Central China Securities Co. Ltd. Class A       549,200        334
  Jiangsu Xukuang Energy Co. Ltd. Class A       478,700        334
  Beijing Originwater Technology Co. Ltd. Class A       516,100        331
  Inner Mongolia Eerduosi Resources Co. Ltd. Class A       234,719        331
  Laobaixing Pharmacy Chain JSC Class A       121,790        330
  Sichuan Hebang Biotechnology Co. Ltd. Class A     1,261,800        328
  Ningbo Ronbay New Energy Technology Co. Ltd. Class A       105,617        327
  iRay Group Class A        27,635        327
  Xiamen Intretech Inc. Class A       130,080        326
  Yuan Longping High-tech Agriculture Co. Ltd. Class A       234,800        325
  Baoji Titanium Industry Co. Ltd. Class A        75,823        325
  Keboda Technology Co. Ltd. Class A        44,796        323
  Shede Spirits Co. Ltd. Class A        44,800        322
  Harbin Boshi Automation Co. Ltd. Class A       142,800        321
  Beijing Zhong Ke San Huan High-Tech Co. Ltd. Class A       174,783        321
  CECEP Solar Energy Co. Ltd. Class A       509,880        320
  Canmax Technologies Co. Ltd. Class A       114,920        318
* Chengxin Lithium Group Co. Ltd. Class A       146,500        316
  China National Accord Medicines Corp. Ltd. Class B       183,959        314
  Jiangsu Zhangjiagang Rural Commercial Bank Co. Ltd. Class A       504,780        314
* Alpha Group Class A       233,900        313
  Wangfujing Group Co. Ltd. Class A       162,000        313
  Liaoning Cheng Da Co. Ltd. Class A       190,500        312
  Shanghai Awinic Technology Co. Ltd. Class A        31,562        311
  ORG Technology Co. Ltd. Class A       414,500        310
  Youzu Interactive Co. Ltd. Class A       151,300        310
  Chongqing Fuling Zhacai Group Co. Ltd. Class A       170,690        310
* Polaris Bay Group Co. Ltd. Class A       304,100        308
  Kaishan Group Co. Ltd. Class A       163,044        307
  JiuGui Liquor Co. Ltd. Class A        47,100        307
* Sinopec Oilfield Service Corp. Class A     1,105,400        307

    Shares Market
Value
($000)
  Chinese Universe Publishing & Media Group Co. Ltd. Class A       220,300        306
* Oriental Energy Co. Ltd. Class A       214,100        305
  Weifu High-Technology Group Co. Ltd. Class A       113,700        304
  Shanghai Environment Group Co. Ltd. Class A       272,292        304
* Sinochem International Corp. Class A       539,800        304
  Zhejiang Huace Film & Television Co. Ltd. Class A       284,600        302
  Hefei Meiya Optoelectronic Technology Inc. Class A       128,210        301
  Zhongshan Broad Ocean Motor Co. Ltd. Class A       329,400        300
  Bluestar Adisseo Co. Class A       218,300        300
  Ovctek China Inc. Class A       120,520        299
  Chinalin Securities Co. Ltd. Class A       141,500        296
  Beijing Jetsen Technology Co. Ltd. Class A       370,800        295
  Lao Feng Xiang Co. Ltd. Class A        44,969        294
  Zhejiang Semir Garment Co. Ltd. Class A       396,800        293
  Tonghua Dongbao Pharmaceutical Co. Ltd. Class A       253,800        293
  Zhejiang Medicine Co. Ltd. Class A       131,900        292
  Shenyang Xingqi Pharmaceutical Co. Ltd. Class A        32,480        290
  Shanghai Jahwa United Co. Ltd. Class A        95,000        290
  Zhejiang Jiuzhou Pharmaceutical Co. Ltd. Class A       110,500        290
  Jiangsu Cnano Technology Co. Ltd. Class A        49,947        290
* Digital China Information Service Co. Ltd. Class A       161,000        287
  Shandong Publishing & Media Co. Ltd. Class A       229,800        287
  Shenzhen Airport Co. Ltd. Class A       291,516        286
  Xinxing Ductile Iron Pipes Co. Ltd. Class A       546,300        286
  Skyworth Digital Co. Ltd. Class A       180,300        286
  Guangshen Railway Co. Ltd. Class A       690,900        285
* HeiLongJiang ZBD Pharmaceutical Co. Ltd. Class A       157,700        285
  Bank of Zhengzhou Co. Ltd. Class A       978,341        284
  China National Accord Medicines Corp. Ltd. Class A        79,910        283
  Tianneng Battery Group Co. Ltd. Class A        73,990        283
  Qingdao Hanhe Cable Co. Ltd. Class A       583,495        281
  Chongqing Department Store Co. Ltd. Class A        69,200        281
  Jiangsu Guoxin Corp. Ltd. Class A       272,245        280
  Bright Dairy & Food Co. Ltd. Class A       234,200        278
  Micro-Tech Nanjing Co. Ltd. Class A        24,211        278
  CSG Holding Co. Ltd. Class A       416,900        277
  Shenzhen Senior Technology Material Co. Ltd. Class A       172,100        277
  Shenzhen Yan Tian Port Holding Co. Ltd. Class A       438,300        276
* Minmetals New Energy Materials Hunan Co. Ltd.       350,249        276
* Guangzhou Port Co. Ltd. Class A       600,100        275
  Sichuan Teway Food Group Co. Ltd. Class A       174,744        274
  Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd. Class A       176,700        274
  Xi'An Shaangu Power Co. Ltd. Class A       224,500        274
  Jonjee Hi-Tech Industrial & Commercial Holding Co. Ltd. Class A       104,394        273
  Beijing Gehua CATV Network Co. Ltd. Class A       227,500        273
* Guangdong Golden Dragon Development Inc. Class A       136,800        272
  China Southern Power Grid Energy Efficiency & Clean Energy Co. Ltd. Class A       424,400        272
  Yantai Eddie Precision Machinery Co. Ltd. Class A       107,240        270
  China Enterprise Co. Ltd. Class A       666,255        270
  Xiamen ITG Group Corp. Ltd. Class A       308,000        269
  Zhuzhou Hongda Electronics Corp. Ltd. Class A        54,700        269
  Jointo Energy Investment Co. Ltd. Hebei Class A       269,600        268
  Eyebright Medical Technology Beijing Co. Ltd. Class A        24,993        268
  DongFeng Automobile Co. Ltd. Class A       270,200        268
* Addsino Co. Ltd. Class A       234,200        265
  China Resources Boya Bio-pharmaceutical Group Co. Ltd. Class A        70,706        265
  Do-Fluoride New Materials Co. Ltd. Class A       153,020        264
* GCL System Integration Technology Co. Ltd. Class A       741,300        264
  China World Trade Center Co. Ltd. Class A        93,200        264
  CITIC Metal Co. Ltd. Class A       244,200        264
* Montnets Cloud Technology Group Co. Ltd. Class A       132,300        263
  Visual China Group Co. Ltd. Class A        87,900        263
  Deppon Logistics Co. Ltd. Class A       120,700        261
  Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd. Class A        73,600        259
  Guangzhou Kingmed Diagnostics Group Co. Ltd. Class A        60,600        259
  Shenzhen Kstar Science & Technology Co. Ltd. Class A        80,100        257
  Suofeiya Home Collection Co. Ltd. Class A       135,100        256
  Anhui Expressway Co. Ltd. Class A       117,100        256
  Dongguan Yiheda Automation Co. Ltd. Class A        79,220        256
  Xizang Zhufeng Resources Co. Ltd. Class A       156,100        255

    Shares Market
Value
($000)
* Chongqing Taiji Industry Group Co. Ltd. Class A        75,800        254
  Tianjin Port Co. Ltd. Class A       394,636        253
* Guangzhou Great Power Energy & Technology Co. Ltd. Class A        70,500        252
  Shenzhen Gas Corp. Ltd. Class A       281,300        252
  Huafa Industrial Co. Ltd. Zhuhai Class A       378,200        251
*,2 Red Star Macalline Group Corp. Ltd. Class H     1,255,882        251
  Suzhou Nanomicro Technology Co. Ltd. Class A        66,261        251
  Shanghai SMI Holding Co. Ltd. Class A       414,500        250
  Tangshan Jidong Cement Co. Ltd. Class A       365,900        247
* Jiangxi Special Electric Class A       232,600        244
  Hoymiles Power Electronics Inc. Class A        17,184        244
  Tianjin Chase Sun Pharmaceutical Co. Ltd. Class A       408,600        243
  Sansure Biotech Inc. Class A        79,534        243
  China Merchants Property Operation & Service Co. Ltd. Class A       141,100        242
* Porton Pharma Solutions Ltd. Class A        73,195        241
* CanSino Biologics Inc. Class A        21,457        239
  Jiangsu Zijin Rural Commercial Bank Co. Ltd. Class A       572,100        238
* Huaihe Energy Group Co. Ltd. Class A       487,400        238
  Guangzhou Zhujiang Brewery Co. Ltd. Class A       166,200        237
  Shandong Humon Smelting Co. Ltd. Class A       146,076        235
  Eternal Asia Supply Chain Management Ltd. Class A       378,500        235
  Double Medical Technology Inc. Class A        38,300        235
  BBMG Corp. Class A     1,057,400        235
* Shanghai Jinqiao Export Processing Zone Development Co. Ltd. Class A       157,160        235
  Guangdong Xinbao Electrical Appliances Holdings Co. Ltd. Class A       114,200        234
  Huaxia Eye Hospital Group Class A        83,700        234
  Harbin Hatou Investment Co. Ltd. Class A       253,629        234
  Hangzhou Shunwang Technology Co. Ltd. Class A        85,800        232
  CMST Development Co. Ltd. Class A       284,100        232
  Hainan Mining Co. Ltd. Class A       210,600        232
* Red Star Macalline Group Corp. Ltd. Class A       562,080        230
* Fujian Kuncai Material Technology Co. Ltd. Class A        84,980        228
  Three Squirrels Inc. Class A        63,100        227
  China Nonferrous Metal Industry's Foreign Engineering & Construction Co. Ltd. Class A       275,400        226
  Jiangsu Linyang Energy Co. Ltd. Class A       282,500        226
  Inmyshow Digital Technology Group Co. Ltd. Class A       318,200        225
* Suzhou Centec Communications Co. Ltd. Class A        23,599        225
* Hongyuan Green Energy Co. Ltd. Class A        83,300        224
  Titan Wind Energy Suzhou Co. Ltd. Class A       247,600        223
  Dongguan Development Holdings Co. Ltd. Class A       145,600        223
* Business-intelligence of Oriental Nations Corp. Ltd. Class A       157,100        221
  Guangdong Electric Power Development Co. Ltd. Class A       341,100        221
  Guangzhou Wondfo Biotech Co. Ltd. Class A        66,460        220
  Shanghai Huayi Group Co. Ltd. Class B       421,647        220
  Guizhou Panjiang Refined Coal Co. Ltd. Class A       316,700        220
  Yangling Metron New Material Inc. Class A       110,460        220
  OPT Machine Vision Tech Co. Ltd. Class A        16,155        219
* Jiangling Motors Corp. Ltd. Class A        74,254        218
  Rizhao Port Co. Ltd. Class A       491,500        218
  Guangdong Baolihua New Energy Stock Co. Ltd. Class A       335,800        217
  Chongqing Water Group Co. Ltd. Class A       330,700        217
  Beijing Yuanliu Hongyuan Electronic Technology Co. Ltd. Class A        28,472        217
  Neusoft Corp. Class A       159,000        217
  Zhejiang Hisun Pharmaceutical Co. Ltd. Class A       136,900        217
* Far East Smarter Energy Co. Ltd. Class A       280,600        216
  Toly Bread Co. Ltd. Class A       281,854        215
* Zhejiang Yongtai Technology Co. Ltd. Class A       119,415        215
  Guangxi Guiguan Electric Power Co. Ltd. Class A       243,360        215
* Sansteel Minguang Co. Ltd. Fujian Class A       312,100        214
* LianChuang Electronic Technology Co. Ltd. Class A       145,110        214
  Guangdong Marubi Biotechnology Co. Ltd. Class A        38,489        213
* Shanghai Aerospace Automobile Electromechanical Co. Ltd. Class A       210,600        211
  Shenzhen Hepalink Pharmaceutical Group Co. Ltd. Class A       112,000        208
  Shanghai Dazhong Public Utilities Group Co. Ltd. Class A       363,800        208
  Beijing Shunxin Agriculture Co. Ltd. Class A        94,995        207
  Anhui Xinhua Media Co. Ltd. Class A       220,000        207
  Luoyang Xinqianglian Slewing Bearing Co. Ltd. Class A        45,050        207
  Maccura Biotechnology Co. Ltd. Class A       116,100        206
  Yantai Changyu Pioneer Wine Co. Ltd. Class A        69,100        206
  Dian Diagnostics Group Co. Ltd. Class A        92,200        206

    Shares Market
Value
($000)
  Nanjing Hanrui Cobalt Co. Ltd. Class A        40,600        206
  Fushun Special Steel Co. Ltd. Class A       263,500        206
  Zhejiang Conba Pharmaceutical Co. Ltd. Class A       316,800        205
  Suzhou Anjie Technology Co. Ltd. Class A       109,000        204
* Gansu Jiu Steel Group Hongxing Iron & Steel Co. Ltd. Class A       835,400        204
  Valiant Co. Ltd. Class A       115,600        203
  Shenzhen Agricultural Power Group Co. Ltd. Class A       223,300        202
* Chengdu XGimi Technology Co. Ltd.        12,751        201
  Tangshan Sanyou Chemical Industries Co. Ltd. Class A       263,100        200
  China West Construction Group Co. Ltd. Class A       221,300        198
  China Southern Power Grid Technology Co. Ltd. Class A        42,627        196
* Zhejiang Hisoar Pharmaceutical Co. Ltd. Class A       225,000        195
  North China Pharmaceutical Co. Ltd. Class A       203,500        195
  Hunan Corun New Energy Co. Ltd. Class A       246,100        193
  Zhejiang Runtu Co. Ltd. Class A       181,405        192
* Shenzhen Dynanonic Co. Ltd. Class A        41,632        190
  Shandong Denghai Seeds Co. Ltd. Class A       135,400        188
  Camel Group Co. Ltd. Class A       148,270        187
  Pylon Technologies Co. Ltd. Class A        31,301        186
* Daan Gene Co. Ltd. Class A       192,016        185
  Zhejiang Wanliyang Co. Ltd. Class A       177,600        185
  Wuxi Autowell Technology Co. Ltd. Class A        40,534        185
* Hainan Drinda New Energy Technology Co. Ltd. Class A        30,700        184
* Beijing Urban Construction Investment & Development Co. Ltd. Class A       285,400        184
  Luenmei Quantum Co. Ltd. Class A       219,200        183
  Zhejiang HangKe Technology Inc. Co. Class A        66,043        183
  Topsec Technologies Group Inc. Class A       163,600        182
* Shenzhen New Nanshan Holding Group Co. Ltd. Class A       464,100        182
  Shenzhen Expressway Corp. Ltd. Class A       126,300        181
  Triangle Tyre Co. Ltd. Class A        94,400        181
  Juewei Food Co. Ltd. Class A        83,294        176
  Zhejiang Construction Investment Group Co. Ltd. Class A       132,300        176
  Youngy Co. Ltd. Class A        36,300        174
* Cinda Real Estate Co. Ltd. Class A       318,983        171
  Shanying International Holding Co. Ltd. Class A       647,200        170
  Huabao Flavours & Fragrances Co. Ltd. Class A        64,200        169
* C&S Paper Co. Ltd. Class A       158,800        167
  Guangdong South New Media Co. Ltd. Class A        29,300        167
  Guizhou Xinbang Pharmaceutical Co. Ltd. Class A       315,000        164
  Jinyu Bio-Technology Co. Ltd. Class A       138,000        164
* GoodWe Technologies Co. Ltd. Class A        28,123        163
  NanJi E-Commerce Co. Ltd. Class A       314,099        162
  Beijing SL Pharmaceutical Co. Ltd. Class A       136,000        159
* Shanghai AJ Group Co. Ltd. Class A       189,933        159
* Shenzhen Neptunus Bioengineering Co. Ltd. Class A       410,300        157
* Huapont Life Sciences Co. Ltd. Class A       257,600        157
  North Huajin Chemical Industries Co. Ltd. Class A       215,896        157
  Suzhou Gold Mantis Construction Decoration Co. Ltd. Class A       307,900        155
* Guangxi Wuzhou Zhongheng Group Co. Ltd. Class A       409,000        154
  Xinhua Winshare Publishing & Media Co. Ltd. Class A        72,700        152
  Luxin Venture Capital Group Co. Ltd. Class A        86,800        150
  Yixintang Pharmaceutical Group Co. Ltd. Class A        71,700        149
  Guangdong Kinlong Hardware Products Co. Ltd. Class A        48,600        149
* Liuzhou Iron & Steel Co. Ltd. Class A       169,100        149
  Autohome Inc. Class A        22,173        148
* Financial Street Holdings Co. Ltd. Class A       360,690        147
* Jinneng Holding Shanxi Electric Power Co. Ltd. Class A       342,000        142
  Greattown Holdings Ltd. Class A       316,500        137
  Joyoung Co. Ltd. Class A        95,700        134
* Shida Shinghwa Advanced Material Group Co. Ltd. Class A        25,600        134
* ADAMA Ltd. Class A       134,900        133
  Qinhuangdao Port Co. Ltd. Class A       294,000        132
  Shanghai Flyco Electrical Appliance Co. Ltd. Class A        24,566        127
  China Animal Husbandry Industry Co. Ltd. Class A       118,000        125
* Beijing Capital Development Co. Ltd. Class A       340,513        124
  Opple Lighting Co. Ltd. Class A        47,874        123
  Luolai Lifestyle Technology Co. Ltd. Class A       100,800        118
  KingClean Electric Co. Ltd. Class A        35,714        114
*,3 China Grand Automotive Services Group Co. Ltd. Series A     1,009,400        109
  Yuneng Technology Co. Ltd. Class A        17,012        104

    Shares Market
Value
($000)
* RiseSun Real Estate Development Co. Ltd. Class A       527,066        103
  Tibet Cheezheng Tibetan Medicine Co. Ltd. Class A        22,700        100
  Rongan Property Co. Ltd. Class A       245,300         64
*,3 Tunghsu Optoelectronic Technology Co. Ltd. Class A       644,900         33
*,3 Yango Group Co. Ltd. Class A       522,797         —
                 6,306,546
Colombia (0.0%)
  Grupo Cibest SA ADR       225,896      9,808
  Interconexion Electrica SA ESP       828,456      4,156
  Cementos Argos SA     1,204,288      3,159
  Ecopetrol SA     5,689,719      2,386
1 Ecopetrol SA ADR       200,541      1,685
                    21,194
Czech Republic (0.0%)
  CEZ A/S       301,538     17,471
  Komercni banka A/S       164,022      7,813
2 Moneta Money Bank A/S       549,494      3,822
  Colt CZ Group SE        35,067      1,183
                    30,289
Denmark (1.1%)
  Novo Nordisk A/S Class B     6,899,328    320,874
  DSV A/S       412,859     92,516
  Danske Bank A/S     1,396,232     55,391
  Novonesis Novozymes B Class B       752,153     48,662
  Vestas Wind Systems A/S     2,181,045     39,822
* Genmab A/S       135,007     29,067
  Pandora A/S       167,896     27,719
  Carlsberg A/S Class B       198,994     24,808
  Coloplast A/S Class B       266,358     24,327
  AP Moller - Maersk A/S Class B         8,872     17,520
  Tryg A/S       664,804     16,036
*,2 Orsted A/S       316,811     14,932
  AP Moller - Maersk A/S Class A         5,597     10,982
* Zealand Pharma A/S       153,038      7,918
  ROCKWOOL A/S Class B       170,541      7,473
* Demant A/S       182,499      6,914
  H Lundbeck A/S       540,130      2,814
  H Lundbeck A/S Class A       124,308        556
                   748,331
Egypt (0.0%)
  Commercial International Bank - Egypt (CIB)     4,950,550      9,591
Finland (0.6%)
  Nordea Bank Abp     5,225,418     76,295
  Sampo OYJ Class A (XHEL)     5,116,758     54,922
  Nokia OYJ    10,869,088     44,295
  Kone OYJ Class B       674,653     41,429
  UPM-Kymmene OYJ     1,121,049     29,055
  Nordea Bank Abp (XHEL)     1,888,426     27,555
  Wartsila OYJ Abp       982,891     27,156
  Metso OYJ     1,496,499     18,795
  Orion OYJ Class B       227,178     18,188
  Fortum OYJ       906,274     16,626
  Elisa OYJ       303,106     15,596
  Neste OYJ       888,493     14,023
  Stora Enso OYJ Class R     1,257,209     12,936
  Kesko OYJ Class B       573,672     12,477
  Valmet OYJ       306,924     11,074
                   420,422
France (6.4%)
  Schneider Electric SE     1,173,052    303,578
  LVMH Moet Hennessy Louis Vuitton SE       552,179    296,416
  TotalEnergies SE     4,403,649    261,865
  Airbus SE     1,265,080    254,351
  Safran SA       752,513    248,142
  Sanofi SA     2,322,661    208,507
  BNP Paribas SA     2,166,293    197,519
  EssilorLuxottica SA       623,990    185,546

    Shares Market
Value
($000)
  AXA SA     3,765,341    182,879
  Hermes International SCA        73,682    180,188
* L'Oreal SA Loyalty Shares       348,321    154,126
  Vinci SA     1,079,934    150,012
* Air Liquide SA Loyalty Shares       756,899    148,910
  Cie de Saint-Gobain SA       978,669    112,270
  Danone SA     1,371,040    112,202
  Societe Generale SA     1,553,266     99,143
  Air Liquide SA (XPAR)       447,775     88,094
  Legrand SA       544,367     80,407
  Orange SA     4,510,525     68,610
  L'Oreal SA (XPAR)       147,509     65,270
  Cie Generale des Etablissements Michelin SCA     1,498,450     53,310
  Thales SA       193,312     52,000
  Capgemini SE       335,599     49,963
* Engie SA Loyalty Shares     2,201,433     49,484
  Dassault Systemes SE     1,433,164     47,081
  Publicis Groupe SA       493,541     45,101
  Veolia Environnement SA     1,306,350     44,271
  Pernod Ricard SA       413,346     42,479
  Kering SA       151,949     37,310
  Credit Agricole SA     2,005,384     36,908
  STMicroelectronics NV     1,393,968     35,426
  Engie SA (XPAR)     1,377,908     30,973
2 Euronext NV       187,609     30,240
  Accor SA       477,743     24,214
  Bureau Veritas SA       708,924     21,832
* Unibail-Rodamco-Westfield       208,459     20,208
  Eiffage SA       148,537     19,939
  Eurofins Scientific SE       243,616     18,657
* Alstom SA       771,020     18,085
  Carrefour SA     1,202,340     17,231
  Klepierre SA       450,377     17,192
  Bouygues SA       405,526     16,698
  Renault SA       402,714     14,901
  Edenred SE       520,766     14,872
  Rexel SA       483,714     14,620
  BioMerieux        95,168     13,617
  Getlink SE       743,637     13,487
  SCOR SE       377,293     12,291
  Sartorius Stedim Biotech        60,102     12,010
  Dassault Aviation SA        37,954     11,817
  Teleperformance SE       116,133     11,322
  Gecina SA       111,283     10,936
  Aeroports de Paris SA        85,052     10,323
2 Amundi SA       125,617      9,283
  Ipsen SA        76,051      8,961
  Arkema SA       130,218      8,855
  Bollore SE     1,499,377      8,649
* Air Liquide SA (XETR)        42,623      8,386
  Covivio SA       114,704      7,426
  FDJ UNITED       223,166      6,961
* Sodexo SA ACT Loyalty Shares       109,223      6,496
2 Ayvens SA       526,268      5,655
  Wendel SE        54,969      5,151
* Eurazeo SE Prime DE Fidelite        68,324      4,009
  Sodexo SA (XPAR)        54,862      3,263
* Engie SA Prime de fidelite 2026       127,790      2,872
* Engie SA       108,963      2,449
* SEB SA Loyalty Shares        31,871      2,328
  SEB SA (XPAR)        20,697      1,512
  Eurazeo SE (XPAR)        20,558      1,206
* Sodexo Inc. (Prime Fidelite 2026)         6,296        374
* Sodexo SA (Loyalty Line 2025)         5,047        300
* SEB SA         2,673        195
                 4,361,164
Germany (5.9%)
  SAP SE     2,226,238    636,605
  Siemens AG (Registered)     1,589,735    404,910

    Shares Market
Value
($000)
  Allianz SE (Registered)       836,000    330,368
  Deutsche Telekom AG (Registered)     7,126,597    255,602
  Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (Registered)       283,057    185,309
  Rheinmetall AG        92,553    183,208
* Siemens Energy AG     1,375,745    159,282
  Deutsche Bank AG (Registered)     3,932,236    129,514
  Deutsche Boerse AG       398,195    115,233
  Infineon Technologies AG     2,816,717    110,649
  BASF SE     1,934,772     94,822
  Mercedes-Benz Group AG     1,634,653     92,554
  Deutsche Post AG     2,051,147     91,903
  E.ON SE     4,803,411     87,630
  adidas AG       361,270     69,049
  Bayer AG (Registered)     2,131,117     66,281
  Commerzbank AG     1,816,715     66,248
  Heidelberg Materials AG       273,160     63,016
  RWE AG     1,440,428     59,094
  Bayerische Motoren Werke AG (XETR)       618,683     58,869
  Daimler Truck Holding AG     1,080,236     52,548
  MTU Aero Engines AG       116,598     50,295
  Vonovia SE     1,518,054     47,114
  Fresenius SE & Co. KGaA       892,019     42,577
  Hannover Rueck SE       130,172     39,487
  Merck KGaA       279,892     34,982
2 Siemens Healthineers AG       641,910     34,575
  Symrise AG       287,755     26,084
  Beiersdorf AG       203,889     25,336
* Covestro AG       366,016     24,805
  Fresenius Medical Care AG       455,007     23,079
  QIAGEN NV       461,429     22,880
  GEA Group AG       317,892     22,834
2 Scout24 SE       152,615     20,396
  Continental AG       235,156     20,085
  Nemetschek SE       123,743     18,437
  Talanx AG       130,740     17,329
  Brenntag SE       267,317     16,584
  Henkel AG & Co. KGaA (XTER)       211,222     15,020
*,2 Zalando SE       506,638     14,773
  Knorr-Bremse AG       143,681     14,340
*,2 Delivery Hero SE       476,270     14,214
  CTS Eventim AG & Co. KGaA       124,552     14,065
  LEG Immobilien SE (XETR)       161,572     12,825
  Deutsche Lufthansa AG (Registered)     1,310,200     11,235
  Evonik Industries AG       545,196     10,827
  KION Group AG       150,322      9,241
  Rational AG        11,168      8,621
1 Bechtle AG       180,530      7,836
  HOCHTIEF AG        32,220      7,021
  Volkswagen AG        61,095      6,515
* Fraport AG Frankfurt Airport Services Worldwide        78,203      5,820
1 Puma SE       219,814      4,647
1 Traton SE       132,698      4,540
1 Carl Zeiss Meditec AG (Bearer)        75,068      4,139
2 DWS Group GmbH & Co. KGaA        65,264      3,908
  Fielmann Group AG        49,689      3,148
  RTL Group SA        78,811      3,106
1 Wacker Chemie AG        36,675      2,730
*,1,2 Covestro AG (XTER)        38,606      2,660
  Deutsche Wohnen SE       103,591      2,628
  FUCHS SE        70,314      2,473
                 3,985,905
Greece (0.2%)
  National Bank of Greece SA     1,814,880     25,315
  Eurobank Ergasias Services & Holdings SA Class A     5,372,593     19,719
  Piraeus Financial Holdings SA     2,356,475     18,120
  Alpha Bank SA     4,550,760     17,034
  Metlen Energy & Metals SA       234,285     12,888
  OPAP SA       371,127      8,312
  JUMBO SA       239,524      8,079

    Shares Market
Value
($000)
  Public Power Corp. SA       391,510      6,350
  Hellenic Telecommunications Organization SA       323,109      5,856
  Motor Oil Hellas Corinth Refineries SA       135,738      3,889
  GEK TERNA SA       147,038      3,629
  Titan SA        76,579      3,157
  Optima bank SA       381,720      3,143
  Athens International Airport SA       156,402      1,784
  HELLENiQ ENERGY Holdings SA       190,292      1,671
  Cenergy Holdings SA       131,018      1,528
* LAMDA Development SA       163,159      1,239
  Aegean Airlines SA        84,395      1,214
  Holding Co. ADMIE IPTO SA       240,220        905
  Sarantis SA        58,908        900
* Aktor SA Holding Co. Technical & Energy Projects       117,171        833
* Piraeus Port Authority SA        13,864        761
* Intralot SA-Integrated Information Systems & Gaming Services       543,246        686
  Athens Water Supply & Sewage Co. SA        79,168        663
  Viohalco SA        88,392        611
  Autohellas Tourist & Trading SA        37,932        460
  Quest Holdings SA        49,530        413
  Ellaktor SA       165,836        251
                   149,410
Hong Kong (1.4%)
  AIA Group Ltd.    23,172,011    216,060
  Hong Kong Exchanges & Clearing Ltd.     2,587,655    140,041
  CK Hutchison Holdings Ltd.     5,768,599     37,548
  Techtronic Industries Co. Ltd.     3,094,274     37,000
  Sun Hung Kai Properties Ltd.     3,016,994     35,834
  BOC Hong Kong Holdings Ltd.     7,784,530     34,955
  Link REIT     5,609,130     31,253
  CLP Holdings Ltd.     3,446,371     29,914
  Jardine Matheson Holdings Ltd.       428,732     23,281
  Galaxy Entertainment Group Ltd.     4,692,061     22,882
  Hang Seng Bank Ltd.     1,486,837     21,658
  Lenovo Group Ltd.    16,702,809     21,417
  Hong Kong & China Gas Co. Ltd.    23,578,110     21,045
  Power Assets Holdings Ltd.     2,950,404     19,426
  CK Asset Holdings Ltd.     3,887,938     17,815
2 WH Group Ltd.    16,958,502     16,978
  Hongkong Land Holdings Ltd.     2,236,154     13,508
  Shenzhou International Group Holdings Ltd.     1,733,349     12,474
  MTR Corp. Ltd.     3,455,172     12,429
  Sands China Ltd.     4,894,304     11,848
  Wharf Real Estate Investment Co. Ltd.     3,412,420     10,834
  Henderson Land Development Co. Ltd.     2,841,302      9,942
  CK Infrastructure Holdings Ltd.     1,329,059      9,361
  Sino Land Co. Ltd.     7,948,520      9,162
  SITC International Holdings Co. Ltd.     2,812,534      9,094
  AAC Technologies Holdings Inc.     1,597,337      8,076
  Swire Pacific Ltd. Class A       776,352      7,018
  Chow Tai Fook Jewellery Group Ltd.     3,658,697      6,110
  PCCW Ltd.     8,497,776      6,088
  PRADA SpA     1,103,235      6,005
  Wharf Holdings Ltd.     2,037,643      5,795
2 Samsonite Group SA     2,825,503      5,763
  Swire Properties Ltd.     2,102,692      5,636
  ASMPT Ltd.       664,300      5,620
  Orient Overseas International Ltd.       281,000      5,056
* MMG Ltd.     8,560,277      4,162
  Hang Lung Properties Ltd.     3,981,140      4,100
2 BOC Aviation Ltd.       439,726      3,995
* HUTCHMED China Ltd.     1,073,500      3,837
  First Pacific Co. Ltd.     4,853,139      3,819
  MGM China Holdings Ltd.     1,780,123      3,758
1,2 Budweiser Brewing Co. APAC Ltd.     3,564,433      3,742
  Xinyi Glass Holdings Ltd.     3,382,583      3,487
  Kerry Properties Ltd.     1,222,733      3,265
  Hang Lung Group Ltd.     1,766,040      3,191
  Cathay Pacific Airways Ltd.     2,047,730      3,044

    Shares Market
Value
($000)
  Bank of East Asia Ltd.     1,949,252      3,013
  Wynn Macau Ltd.     3,269,320      2,710
  Yue Yuen Industrial Holdings Ltd.     1,652,824      2,585
  Hysan Development Co. Ltd.     1,274,877      2,537
  VTech Holdings Ltd.       333,720      2,473
*,1 New World Development Co. Ltd.     2,883,554      2,361
  Johnson Electric Holdings Ltd.       798,643      2,354
  Swire Pacific Ltd. Class B     1,466,088      2,303
  DFI Retail Group Holdings Ltd. (Registered)       663,414      2,287
* SJM Holdings Ltd.     5,749,143      2,274
  CTF Services Ltd.     1,972,079      1,933
  Man Wah Holdings Ltd.     3,138,453      1,770
  Shangri-La Asia Ltd.     2,446,616      1,417
  Nexteer Automotive Group Ltd.     1,864,541      1,391
*,1,2 FIT Hon Teng Ltd.     3,569,242      1,201
* NagaCorp Ltd.     2,254,565      1,187
  Champion REIT     3,889,530      1,083
  United Energy Group Ltd.    13,478,205        976
*,1 Super Hi International Holding Ltd.       420,523        864
  Dah Sing Banking Group Ltd.       724,505        847
  KLN Logistics Group Ltd.       638,465        671
                   965,563
Hungary (0.1%)
  OTP Bank Nyrt       504,229     40,916
  Richter Gedeon Nyrt       292,267      8,764
  MOL Hungarian Oil & Gas plc       979,724      8,512
  Magyar Telekom Telecommunications plc       634,699      3,152
  Opus Global Nyrt       676,734      1,107
                    62,451
Iceland (0.0%)
  Islandsbanki HF     4,075,510      4,151
2 Arion Banki HF     2,834,669      4,044
* Alvotech SA       227,421      2,092
  Hagar HF     2,087,422      1,789
  Festi HF       638,628      1,547
  Kvika banki HF     9,511,130      1,379
  Reitir fasteignafelag hf     1,366,963      1,261
  Eimskipafelag Islands hf       219,568        651
                    16,914
India (5.5%)
  HDFC Bank Ltd.    12,276,664    281,729
  Reliance Industries Ltd.    14,765,406    233,182
  ICICI Bank Ltd.    11,430,297    192,478
  Bharti Airtel Ltd. (XNSE)     5,729,781    124,732
  Tata Consultancy Services Ltd.     2,219,829     76,554
  Infosys Ltd.     4,323,007     73,521
  Mahindra & Mahindra Ltd.     2,015,727     73,430
  Bajaj Finance Ltd.     6,080,944     60,854
  Larsen & Toubro Ltd.     1,457,599     60,280
  Axis Bank Ltd.     4,962,201     60,261
  Hindustan Unilever Ltd.     1,917,225     55,062
1 Infosys Ltd. ADR     3,206,963     53,620
  Kotak Mahindra Bank Ltd.     2,367,048     53,330
  Sun Pharmaceutical Industries Ltd.     2,303,407     44,732
  Maruti Suzuki India Ltd.       283,940     40,728
  NTPC Ltd.    10,238,087     38,857
  HCL Technologies Ltd.     2,293,151     38,227
  UltraTech Cement Ltd.       259,646     36,152
  State Bank of India     3,858,600     34,961
* Eternal Ltd.     9,720,257     33,925
  Tata Motors Ltd.     4,448,714     33,626
  Bharat Electronics Ltd.     7,726,268     33,565
  Power Grid Corp. of India Ltd.     9,780,666     32,333
  Tata Steel Ltd.    17,886,721     32,122
  ITC Ltd.     6,496,437     30,466
  Titan Co. Ltd.       793,842     30,219
*,2 InterGlobe Aviation Ltd.       409,614     27,489
  Asian Paints Ltd.       949,223     25,910
* Jio Financial Services Ltd.     6,759,403     25,277

    Shares Market
Value
($000)
  Adani Ports & Special Economic Zone Ltd.     1,593,099     24,848
  Hindalco Industries Ltd.     3,142,972     24,332
  Grasim Industries Ltd.       769,017     24,027
  Oil & Natural Gas Corp. Ltd.     8,374,534     22,944
  Max Healthcare Institute Ltd.     1,606,728     22,796
  Tech Mahindra Ltd.     1,364,594     22,639
  JSW Steel Ltd.     1,888,338     22,526
  Trent Ltd.       392,737     22,402
  Cipla Ltd.     1,209,447     21,359
  Hindustan Aeronautics Ltd.       409,923     21,097
  Coal India Ltd.     4,910,212     20,998
  Divi's Laboratories Ltd.       275,788     20,652
  Nestle India Ltd.       776,288     19,873
2 SBI Life Insurance Co. Ltd.       935,163     19,564
  Shriram Finance Ltd.     2,693,458     19,291
  Apollo Hospitals Enterprise Ltd.       215,703     18,390
  Bajaj Finserv Ltd.       828,799     18,339
  Eicher Motors Ltd.       288,982     17,981
2 HDFC Life Insurance Co. Ltd.     2,042,846     17,553
  Varun Beverages Ltd.     2,905,540     17,269
  Tata Consumer Products Ltd.     1,408,761     17,203
  Vedanta Ltd.     3,509,284     16,948
  Britannia Industries Ltd.       254,427     16,740
  Tata Power Co. Ltd.     3,650,782     16,491
* Suzlon Energy Ltd.    23,520,158     16,410
  TVS Motor Co. Ltd.       508,699     16,203
  Bharat Petroleum Corp. Ltd. (XNSE)     4,274,462     15,973
  Adani Enterprises Ltd.       561,616     15,507
  Indian Hotels Co. Ltd.     1,832,914     15,417
*,2 Avenue Supermarts Ltd.       314,811     15,287
* Adani Power Ltd.     2,260,232     15,062
  Cholamandalam Investment & Finance Co. Ltd.       914,078     14,985
  Power Finance Corp. Ltd.     3,139,174     14,612
  Coforge Ltd.       700,937     13,889
* PB Fintech Ltd.       668,056     13,709
  Dixon Technologies India Ltd.        71,136     13,592
  Hero MotoCorp Ltd.       280,504     13,588
2 HDFC Asset Management Co. Ltd.       211,227     13,575
  Dr. Reddy's Laboratories Ltd.       937,217     13,522
* Indian Oil Corp. Ltd.     8,088,917     13,363
  Persistent Systems Ltd.       226,415     13,232
  Bajaj Auto Ltd.       144,756     13,180
  Godrej Consumer Products Ltd.       864,958     12,393
  DLF Ltd.     1,376,142     12,239
  REC Ltd.     2,698,160     12,094
  BSE Ltd.       429,536     11,826
  Info Edge India Ltd.       747,357     11,802
2 LTIMindtree Ltd.       203,626     11,779
  Cummins India Ltd.       290,827     11,746
* Indus Towers Ltd.     2,845,790     11,736
  GAIL India Ltd.     5,801,289     11,686
  Ambuja Cements Ltd.     1,721,367     11,590
  Lupin Ltd.       520,999     11,388
2 ICICI Lombard General Insurance Co. Ltd.       516,427     11,333
  Pidilite Industries Ltd.       340,840     11,145
  SRF Ltd.       311,796     10,787
  Samvardhana Motherson International Ltd.     9,472,016     10,425
  Fortis Healthcare Ltd.     1,056,906     10,292
  CG Power & Industrial Solutions Ltd.     1,368,508     10,275
  Hindustan Petroleum Corp. Ltd.     2,070,540      9,831
  UPL Ltd.     1,222,809      9,783
  Torrent Pharmaceuticals Ltd.       228,591      9,730
* Max Financial Services Ltd.       569,398      9,721
  United Spirits Ltd.       630,737      9,630
  Marico Ltd.     1,133,470      9,158
  Bajaj Holdings & Investment Ltd.        57,407      9,115
  Federal Bank Ltd.     3,898,067      8,967
  Wipro Ltd.     3,183,067      8,954
  Jindal Steel & Power Ltd.       796,535      8,733
  Bosch Ltd.        18,785      8,637

    Shares Market
Value
($000)
* Yes Bank Ltd.    39,790,074      8,557
  Solar Industries India Ltd.        52,572      8,496
  Embassy Office Parks REIT     1,881,801      8,485
  Ashok Leyland Ltd.     6,130,128      8,424
1 Wipro Ltd. ADR     3,090,356      8,406
  PI Industries Ltd.       173,622      8,403
2 Macrotech Developers Ltd.       599,436      8,381
  Polycab India Ltd.       106,811      8,278
  Havells India Ltd.       484,057      8,268
  GE Vernova T&D India Ltd.       263,917      8,179
* One 97 Communications Ltd.       659,339      8,148
  MRF Ltd.         4,765      8,018
  Bharti Airtel Ltd.       483,781      7,915
  Sundaram Finance Ltd.       148,369      7,892
  Mphasis Ltd.       249,073      7,864
2 Laurus Labs Ltd.       787,147      7,816
  Coromandel International Ltd.       254,306      7,776
* Aurobindo Pharma Ltd.       600,346      7,762
  Dabur India Ltd.     1,279,301      7,708
  Tube Investments of India Ltd.       232,294      7,499
* Hyundai Motor India Ltd.       305,351      7,487
  Voltas Ltd.       495,351      7,476
  Shree Cement Ltd.        21,213      7,436
  Glenmark Pharmaceuticals Ltd.       304,834      7,398
  Bharat Forge Ltd.       553,816      7,371
  Bharat Heavy Electricals Ltd.     2,717,682      7,352
* Godrej Properties Ltd.       306,466      7,307
  Colgate-Palmolive India Ltd.       283,008      7,236
* Mankind Pharma Ltd.       241,969      7,060
* Vishal Mega Mart Ltd.     4,376,399      6,945
  ABB India Ltd.       110,406      6,913
  APL Apollo Tubes Ltd.       378,622      6,890
  Page Industries Ltd.        12,376      6,881
  Muthoot Finance Ltd.       231,214      6,876
  Phoenix Mills Ltd.       402,493      6,792
* Siemens Energy India Ltd.       182,235      6,736
  JSW Energy Ltd.     1,147,946      6,717
2 AU Small Finance Bank Ltd.       785,842      6,622
  Siemens Ltd.       188,022      6,474
  NHPC Ltd.     6,804,838      6,422
* Adani Green Energy Ltd.       574,716      6,410
  Supreme Industries Ltd.       129,753      6,343
  Hitachi Energy India Ltd.        27,342      6,229
  Prestige Estates Projects Ltd.       333,703      6,166
  Jubilant Foodworks Ltd.       815,491      6,076
  IDFC First Bank Ltd.     7,734,323      6,043
  Torrent Power Ltd.       405,639      6,024
  360 ONE WAM Ltd.       503,308      6,024
  Bank of Baroda     2,206,096      5,961
  Zydus Lifesciences Ltd.       539,581      5,942
* WAAREE Energies Ltd.       174,528      5,923
  SBI Cards & Payment Services Ltd.       642,637      5,915
  NMDC Ltd.     7,322,117      5,885
  Punjab National Bank     4,916,196      5,879
* FSN E-Commerce Ventures Ltd.     2,459,204      5,867
  Oil India Ltd.     1,162,797      5,817
* GMR Airports Ltd.     5,620,225      5,737
* Adani Energy Solutions Ltd.       624,561      5,708
  KEI Industries Ltd.       129,282      5,646
  Kalyan Jewellers India Ltd.       826,194      5,571
2 Indian Railway Finance Corp. Ltd.     3,798,313      5,529
  Blue Star Ltd.       279,735      5,516
2 ICICI Prudential Life Insurance Co. Ltd.       786,361      5,515
  Indian Railway Catering & Tourism Corp. Ltd.       652,817      5,382
* ITC Hotels Ltd.     2,039,058      5,345
  Dr Reddy's Laboratories Ltd. ADR       370,343      5,266
  Petronet LNG Ltd.     1,602,780      5,255
  Balkrishna Industries Ltd.       172,586      5,252
  Tata Elxsi Ltd.        75,113      5,204
  Mazagon Dock Shipbuilders Ltd.       161,175      5,057

    Shares Market
Value
($000)
  Ipca Laboratories Ltd.       301,502      5,049
  Jindal Stainless Ltd. (XNSE)       634,312      5,007
  Patanjali Foods Ltd.       235,186      5,006
  Oracle Financial Services Software Ltd.        50,793      4,877
  Union Bank of India Ltd.     3,275,221      4,864
  Alkem Laboratories Ltd.        84,859      4,862
2 Sona Blw Precision Forgings Ltd.       949,136      4,835
  Container Corp. of India Ltd.       729,817      4,797
  Rail Vikas Nigam Ltd.     1,213,361      4,784
  Tata Communications Ltd.       240,691      4,722
  Canara Bank     3,836,751      4,669
  Oberoi Realty Ltd.       251,661      4,659
  UNO Minda Ltd.       386,433      4,577
* Vodafone Idea Ltd.    57,356,751      4,503
  KPIT Technologies Ltd.       320,626      4,464
  Hindustan Zinc Ltd.       918,150      4,420
  Steel Authority of India Ltd.     3,067,288      4,331
  Biocon Ltd.       965,877      4,294
  LIC Housing Finance Ltd.       628,040      4,182
  Astral Ltd. (XNSE)       253,636      4,045
  Indian Bank       571,777      4,043
  Schaeffler India Ltd.        85,934      4,032
  National Aluminium Co. Ltd.     1,921,339      4,030
  Dalmia Bharat Ltd.       158,316      4,021
  Mahindra & Mahindra Financial Services Ltd.     1,368,804      4,009
* Kaynes Technology India Ltd.        56,558      3,961
  L&T Finance Ltd.     1,714,211      3,943
* Aditya Birla Capital Ltd.     1,346,996      3,925
  Exide Industries Ltd.       886,341      3,870
* Swiggy Ltd.       832,840      3,819
  Lloyds Metals & Energy Ltd.       215,546      3,697
  Apar Industries Ltd.        36,055      3,649
  Central Depository Services India Ltd.       216,921      3,646
  Bharat Dynamics Ltd.       196,640      3,612
2 Cochin Shipyard Ltd.       179,021      3,590
  Piramal Enterprises Ltd.       248,496      3,535
  ACC Ltd.       171,499      3,488
  Indraprastha Gas Ltd.     1,483,507      3,444
  Bharti Hexacom Ltd.       162,539      3,406
2 Nippon Life India Asset Management Ltd.       368,153      3,397
  Berger Paints India Ltd.       513,381      3,299
  Motilal Oswal Financial Services Ltd.       318,271      3,294
  GlaxoSmithKline Pharmaceuticals Ltd.        91,655      3,293
  United Breweries Ltd.       147,940      3,274
2 Syngene International Ltd.       399,969      3,248
  Adani Total Gas Ltd.       472,225      3,235
2 Bandhan Bank Ltd.     1,678,662      3,207
  Gujarat Fluorochemicals Ltd.        75,434      3,082
* Deepak Nitrite Ltd.       144,643      3,028
* AWL Agri Business Ltd.     1,004,993      2,997
  Linde India Ltd.        39,817      2,970
2 General Insurance Corp. of India       666,825      2,967
*,2 RBL Bank Ltd.       972,651      2,945
2 L&T Technology Services Ltd.        58,459      2,855
  Ajanta Pharma Ltd.        90,915      2,845
  Thermax Ltd.        62,939      2,821
2 Dr Lal PathLabs Ltd.        78,748      2,818
  Tata Technologies Ltd.       353,158      2,817
  Emami Ltd.       399,593      2,729
  CRISIL Ltd.        43,600      2,635
  Zee Entertainment Enterprises Ltd.     1,958,278      2,628
  Housing & Urban Development Corp. Ltd.     1,077,197      2,594
* Bajaj Housing Finance Ltd.     2,005,025      2,591
  Castrol India Ltd.     1,024,859      2,539
* Star Health & Allied Insurance Co. Ltd.       494,446      2,504
* Poonawalla Fincorp Ltd.       520,471      2,498
* Indian Renewable Energy Development Agency Ltd.     1,464,668      2,446
  Bank of India     1,925,334      2,436
2 Premier Energies Ltd.       198,285      2,315
* NTPC Green Energy Ltd.     1,958,428      2,309

    Shares Market
Value
($000)
  AIA Engineering Ltd.        64,016      2,287
  Escorts Kubota Ltd.        59,396      2,268
* IndusInd Bank Ltd.       248,997      2,259
2 Endurance Technologies Ltd.        74,616      2,166
  IRB Infrastructure Developers Ltd.     4,212,875      2,152
* Aarti Industries Ltd.       447,013      2,134
  Honeywell Automation India Ltd.         4,814      2,124
  Bank of Maharashtra     3,285,956      2,089
* Whirlpool of India Ltd.       132,186      2,001
  3M India Ltd.         5,624      1,966
  NLC India Ltd.       712,444      1,956
  Bayer CropScience Ltd.        26,106      1,877
  Gujarat Gas Ltd.       366,078      1,833
  JSW Infrastructure Ltd.       518,153      1,789
  Bata India Ltd.       131,258      1,778
* Godrej Industries Ltd.       127,342      1,659
  SJVN Ltd.     1,533,562      1,623
  Metro Brands Ltd.       100,049      1,417
  IDBI Bank Ltd.     1,237,967      1,303
  Kansai Nerolac Paints Ltd.       444,596      1,239
  Sun TV Network Ltd.       185,338      1,186
2 New India Assurance Co. Ltd.       509,362      1,155
  Vedant Fashions Ltd.       123,377      1,052
  Central Bank of India Ltd.     2,065,787        854
  Relaxo Footwears Ltd.       148,166        765
* Tata Teleservices Maharashtra Ltd.     1,042,864        700
  Mangalore Refinery & Petrochemicals Ltd.       359,757        516
  Hexaware Technologies Ltd.        12,877        103
  Authum Investment & Infrastucture Ltd.         1,730         55
                 3,754,527
Indonesia (0.3%)
  Bank Central Asia Tbk PT   106,707,843     53,481
  Bank Rakyat Indonesia Persero Tbk PT   143,624,803     32,162
  Bank Mandiri Persero Tbk PT    94,243,944     25,656
  Telkom Indonesia Persero Tbk PT    95,105,924     16,700
  Astra International Tbk PT    44,169,688     13,654
* Amman Mineral Internasional PT    26,205,600     13,357
* GoTo Gojek Tokopedia Tbk PT 1,890,997,600      7,431
* Barito Pacific Tbk PT    44,836,563      7,135
  Bank Negara Indonesia Persero Tbk PT    25,666,574      6,224
  Sumber Alfaria Trijaya Tbk PT    43,383,200      6,098
  Indofood Sukses Makmur Tbk PT     9,371,605      4,839
  Charoen Pokphand Indonesia Tbk PT    15,508,664      4,635
  United Tractors Tbk PT     3,005,912      4,405
* Merdeka Copper Gold Tbk PT    25,656,000      3,664
  Kalbe Farma Tbk PT    39,269,737      3,396
  Petrindo Jaya Kreasi Tbk PT    35,877,000      3,332
  Indofood CBP Sukses Makmur Tbk PT     4,822,184      2,865
  Alamtri Resources Indonesia Tbk PT    20,273,563      2,273
  Indah Kiat Pulp & Paper Corp. Tbk PT     4,960,000      2,043
  Perusahaan Gas Negara Persero Tbk PT    18,829,146      1,861
  Indosat Tbk PT    11,403,600      1,522
  XLSMART Telecom Sejahtera Tbk PT     9,823,105      1,503
  Elang Mahkota Teknologi Tbk PT    35,963,000      1,359
  Dayamitra Telekomunikasi PT    34,452,100      1,215
  Unilever Indonesia Tbk PT    11,574,450      1,201
  Bank Syariah Indonesia Tbk PT     6,995,261      1,155
  Semen Indonesia Persero Tbk PT     7,310,719      1,089
  Bukit Asam Tbk PT     6,955,055      1,021
  Sarana Menara Nusantara Tbk PT    27,292,800      1,010
  Mayora Indah Tbk PT     7,227,000        978
  Vale Indonesia Tbk PT     4,362,799        912
  Trimegah Bangun Persada Tbk PT    19,427,400        843
  Jasa Marga Persero Tbk PT     3,582,319        778
  Avia Avian Tbk PT    24,960,500        690
  Indocement Tunggal Prakarsa Tbk PT     2,102,270        669
  Tower Bersama Infrastructure Tbk PT     4,415,780        525
  Gudang Garam Tbk PT       944,386        507
* Bumi Serpong Damai Tbk PT     8,398,140        402

    Shares Market
Value
($000)
  Bank Danamon Indonesia Tbk PT     1,183,527        179
                   232,769
Ireland (0.2%)
  AIB Group plc     4,439,496     35,022
  Kerry Group plc Class A       356,676     32,946
  Bank of Ireland Group plc     2,125,474     28,502
  Kingspan Group plc       332,741     27,615
  Glanbia plc (XDUB)       373,211      5,423
*,3 Irish Bank Resolution Corp. Ltd.       236,607         —
                   129,508
Israel (0.6%)
  Bank Leumi Le-Israel BM     3,252,514     60,167
  Bank Hapoalim BM     2,866,238     53,751
* Teva Pharmaceutical Industries Ltd.     2,473,283     38,759
  Israel Discount Bank Ltd. Class A     2,675,491     25,587
  Elbit Systems Ltd.        54,366     25,081
* Nice Ltd.       137,613     21,483
  Mizrahi Tefahot Bank Ltd.       331,093     20,453
* Nova Ltd.        63,714     16,991
  Phoenix Financial Ltd.       467,580     15,932
* Tower Semiconductor Ltd.       244,019     11,323
  ICL Group Ltd.     1,577,336      9,827
  Bezeq The Israeli Telecommunication Corp. Ltd.     4,807,785      8,943
  First International Bank of Israel Ltd.       111,517      7,746
  Azrieli Group Ltd.        78,646      7,727
  Harel Insurance Investments & Financial Services Ltd.       237,910      7,172
* Big Shopping Centers Ltd.        34,110      6,497
* Enlight Renewable Energy Ltd.       249,082      6,116
  Melisron Ltd.        51,724      5,955
* Camtek Ltd.        59,612      5,769
  Shufersal Ltd.       432,682      5,231
  Mivne Real Estate KD Ltd.     1,241,820      4,681
  Menora Mivtachim Holdings Ltd.        46,559      4,047
  Delek Group Ltd.        19,643      3,989
  Amot Investments Ltd.       482,177      3,288
  Strauss Group Ltd.       115,930      3,113
* Fattal Holdings 1998 Ltd.        15,428      2,777
  Shapir Engineering & Industry Ltd.       315,672      2,610
  Israel Corp. Ltd.         7,938      2,460
  Energix-Renewable Energies Ltd.       568,260      2,214
* Airport City Ltd.       123,110      2,195
  Gav-Yam Lands Corp. Ltd.        93,562      1,044
* Shikun & Binui Ltd.             1         —
* OPC Energy Ltd.             1         —
                   392,928
Italy (2.1%)
  UniCredit SpA     3,375,630    248,358
  Intesa Sanpaolo SpA    33,933,705    204,459
  Enel SpA    16,801,984    148,165
  Ferrari NV       258,080    113,170
  Generali     2,094,843     78,150
  Eni SpA     4,446,074     75,883
  Prysmian SpA       619,995     49,515
  Leonardo SpA       871,608     46,982
  Banco BPM SpA     3,185,882     40,630
1 BPER Banca SpA     3,002,534     29,546
  Terna - Rete Elettrica Nazionale     3,040,308     29,418
  FinecoBank Banca Fineco SpA     1,329,689     28,314
  Mediobanca Banca di Credito Finanziario SpA     1,285,588     28,304
  Moncler SpA       486,166     25,929
  Stellantis NV     2,919,342     25,764
  Snam SpA     4,440,685     25,735
2 Poste Italiane SpA       988,483     21,356
  Unipol Assicurazioni SpA       816,060     16,368
  Banca Monte dei Paschi di Siena SpA     1,895,454     16,137
  Stellantis NV (XNYS)     1,726,792     15,193
  Tenaris SA       785,781     13,724
  Recordati Industria Chimica e Farmaceutica SpA       235,094     13,484
*,1 Telecom Italia SpA (MTAA)    23,536,053     10,816

    Shares Market
Value
($000)
  Italgas SpA     1,251,893     10,387
  Buzzi SpA       170,209      8,888
1 Davide Campari-Milano NV     1,223,937      8,430
  A2A SpA     3,449,012      8,404
  Brunello Cucinelli SpA        74,227      8,324
2 Infrastrutture Wireless Italiane SpA       697,116      8,242
  Banca Mediolanum SpA       456,962      8,060
  Reply SpA        49,794      7,799
  Hera SpA     1,696,245      7,258
  Interpump Group SpA       155,032      6,361
2 Nexi SpA     1,051,305      6,003
2 Pirelli & C SpA       796,108      5,367
  DiaSorin SpA        46,247      4,521
  Amplifon SpA       264,175      4,447
                 1,407,891
Japan (15.1%)
  Toyota Motor Corp.    23,006,035    409,222
  Mitsubishi UFJ Financial Group Inc.    24,054,754    331,541
  Sony Group Corp.    13,015,620    313,069
  Hitachi Ltd.     9,519,880    291,314
  Sumitomo Mitsui Financial Group Inc.     8,000,243    201,819
  Nintendo Co. Ltd.     2,178,650    182,089
  Recruit Holdings Co. Ltd.     2,935,714    174,179
  Mitsubishi Heavy Industries Ltd.     6,940,950    165,725
  SoftBank Group Corp.     2,119,307    161,828
  Tokio Marine Holdings Inc.     3,988,610    160,154
  Mizuho Financial Group Inc.     5,287,070    155,079
  Tokyo Electron Ltd.       960,620    152,718
  Keyence Corp.       405,574    146,709
  Mitsubishi Corp.     7,007,416    138,210
  ITOCHU Corp.     2,535,128    132,974
  Shin-Etsu Chemical Co. Ltd.     4,200,785    120,886
  Fast Retailing Co. Ltd.       382,686    116,731
  Mitsui & Co. Ltd.     5,479,840    111,551
  Advantest Corp.     1,586,964    105,532
  KDDI Corp.     6,223,748    102,142
  Daiichi Sankyo Co. Ltd.     3,990,969     97,906
  Mitsubishi Electric Corp.     4,331,526     97,426
  Honda Motor Co. Ltd.     9,027,939     93,465
  Hoya Corp.       730,009     92,100
  Takeda Pharmaceutical Co. Ltd.     3,331,272     91,509
  Softbank Corp.    61,387,890     88,695
  Fujitsu Ltd.     3,727,090     81,191
  NEC Corp.     2,687,320     77,169
  Daikin Industries Ltd.       595,531     73,224
  Japan Tobacco Inc.     2,376,775     67,880
  Chugai Pharmaceutical Co. Ltd.     1,386,621     66,470
  Seven & i Holdings Co. Ltd.     4,955,477     65,329
  Marubeni Corp.     3,187,527     65,261
  Komatsu Ltd.     1,998,609     64,391
  Nippon Telegraph & Telephone Corp.    59,727,425     60,316
  Dai-ichi Life Holdings Inc.     7,567,000     59,871
  MS&AD Insurance Group Holdings Inc.     2,686,944     57,409
  Sompo Holdings Inc.     1,935,463     57,071
  Aeon Co. Ltd.     1,776,741     56,754
  Sumitomo Corp.     2,214,627     56,605
  Disco Corp.       191,133     56,485
  FANUC Corp.     2,008,130     55,900
  Ajinomoto Co. Inc.     2,101,972     55,611
  ORIX Corp.     2,467,121     55,419
  Denso Corp.     4,026,336     54,627
1 Canon Inc.     1,907,240     54,171
  Murata Manufacturing Co. Ltd.     3,620,365     53,886
  FUJIFILM Holdings Corp.     2,569,278     53,293
  Terumo Corp.     3,109,562     52,730
  Mitsui Fudosan Co. Ltd.     5,652,855     50,527
  TDK Corp.     4,107,060     50,036
  Bridgestone Corp.     1,216,402     49,204
  East Japan Railway Co.     2,266,457     48,580

    Shares Market
Value
($000)
  Oriental Land Co. Ltd.     2,283,225     47,013
  Panasonic Holdings Corp.     4,876,584     46,129
  Otsuka Holdings Co. Ltd.       954,400     45,439
  Mitsubishi Estate Co. Ltd.     2,424,083     45,385
  Kao Corp.     1,001,483     45,063
  Resona Holdings Inc.     4,822,551     43,905
  Central Japan Railway Co.     1,862,585     43,421
  Japan Post Bank Co. Ltd.     3,876,070     43,262
  Renesas Electronics Corp.     3,517,156     42,779
  Nomura Holdings Inc.     6,330,580     41,822
  Suzuki Motor Corp.     3,802,788     41,783
  Nippon Steel Corp.     2,159,440     41,587
  SMC Corp.       118,931     41,385
  Daiwa House Industry Co. Ltd.     1,250,029     41,327
  Asahi Group Holdings Ltd.     3,194,250     40,523
  Sumitomo Electric Industries Ltd.     1,631,280     40,480
  Astellas Pharma Inc.     3,873,716     40,165
  Fujikura Ltd.       586,900     39,840
  Toyota Industries Corp.       362,904     38,806
  Bandai Namco Holdings Inc.     1,199,730     38,796
  NIDEC Corp.     2,017,638     38,711
  Sumitomo Mitsui Trust Group Inc.     1,399,296     36,682
  Nomura Research Institute Ltd.       910,838     36,042
  Japan Post Holdings Co. Ltd.     3,738,025     34,617
  Kyocera Corp.     2,909,084     34,340
  Toyota Tsusho Corp.     1,493,361     34,225
  Asics Corp.     1,442,740     33,918
  Secom Co. Ltd.       887,746     31,882
  Nippon Yusen KK       902,844     31,663
  IHI Corp.       281,524     31,350
  Nitto Denko Corp.     1,509,535     31,238
  ENEOS Holdings Inc.     5,652,624     29,669
  Konami Group Corp.       209,519     28,444
  Olympus Corp.     2,342,179     27,982
  Pan Pacific International Holdings Corp.       831,605     27,822
  Sekisui House Ltd.     1,305,579     27,387
  Shionogi & Co. Ltd.     1,630,291     27,266
  Sumitomo Realty & Development Co. Ltd.       711,390     25,986
  Tokyo Gas Co. Ltd.       768,892     25,749
  Inpex Corp.     1,799,198     25,618
  Obic Co. Ltd.       715,045     25,457
  Kansai Electric Power Co. Inc.     2,106,901     25,296
  T&D Holdings Inc.     1,034,059     25,250
  Ryohin Keikaku Co. Ltd.       521,446     24,413
  Kubota Corp.     2,155,470     24,172
1 Mitsui OSK Lines Ltd.       697,795     23,454
  Kawasaki Heavy Industries Ltd.       317,547     23,191
  Subaru Corp.     1,248,244     22,962
  Kajima Corp.       910,687     22,813
  Kirin Holdings Co. Ltd.     1,725,514     22,738
  Toray Industries Inc.     3,214,206     21,985
  Japan Exchange Group Inc.     2,249,038     21,978
  SBI Holdings Inc.       590,853     21,949
  West Japan Railway Co.       982,598     21,513
  LY Corp.     5,770,322     21,091
  Obayashi Corp.     1,422,523     20,947
  Daiwa Securities Group Inc.     2,932,402     20,415
  Taisei Corp.       331,266     19,808
  Osaka Gas Co. Ltd.       780,591     19,750
  Asahi Kasei Corp.     2,706,178     18,829
  Daifuku Co. Ltd.       741,796     18,779
  Capcom Co. Ltd.       734,240     18,691
  Shimano Inc.       169,560     18,549
  Ebara Corp.     1,003,485     18,324
  Chubu Electric Power Co. Inc.     1,490,515     18,230
  Unicharm Corp.     2,569,534     17,774
  Nippon Paint Holdings Co. Ltd.     2,061,221     17,474
  Lasertec Corp.       170,140     17,141
  Trend Micro Inc.       274,590     16,744
  BayCurrent Inc.       291,000     16,709

    Shares Market
Value
($000)
  Makita Corp.       533,885     16,528
  Eisai Co. Ltd.       575,474     16,139
  Sysmex Corp.       989,354     16,073
  Nexon Co. Ltd.       867,472     15,873
* Rakuten Group Inc.     3,110,738     15,739
  Mitsubishi Chemical Group Corp.     2,863,878     15,599
  Nippon Building Fund Inc.        16,895     15,498
  Aisin Corp.     1,120,465     15,485
  MatsukiyoCocokara & Co.       751,725     15,436
1 Sanrio Co. Ltd.       373,700     15,334
  Concordia Financial Group Ltd.     2,308,684     15,309
1 Nitori Holdings Co. Ltd.       178,894     15,150
  Isuzu Motors Ltd.     1,179,944     15,122
  SCREEN Holdings Co. Ltd.       193,642     15,106
  TIS Inc.       473,080     15,092
  JFE Holdings Inc.     1,297,751     15,019
  Fuji Electric Co. Ltd.       299,166     14,874
  Nippon Sanso Holdings Corp.       414,756     14,680
  Sekisui Chemical Co. Ltd.       839,081     14,554
  Yokogawa Electric Corp.       542,393     14,457
  Toho Co. Ltd.       227,307     14,342
  Yamaha Motor Co. Ltd.     1,962,052     14,191
1 Shiseido Co. Ltd.       860,984     13,996
  Kikkoman Corp.     1,589,965     13,968
  Dai Nippon Printing Co. Ltd.       878,838     13,534
  Mitsubishi HC Capital Inc. (XTKS)     1,805,333     13,344
  Square Enix Holdings Co. Ltd.       196,764     13,302
  Chiba Bank Ltd.     1,417,646     13,213
  TOPPAN Holdings Inc.       487,407     13,135
  Minebea Mitsumi Inc.       818,956     12,889
  Hankyu Hanshin Holdings Inc.       493,225     12,854
  Daito Trust Construction Co. Ltd.       122,475     12,539
  Niterra Co. Ltd.       359,702     12,400
  Toyo Suisan Kaisha Ltd.       193,441     12,359
* Tokyo Electric Power Co. Holdings Inc.     3,257,686     12,335
  AGC Inc.       407,791     12,272
  Shimadzu Corp.       545,714     12,080
  Shimizu Corp.     1,080,034     11,965
  Sumitomo Metal Mining Co. Ltd.       539,146     11,859
  Japan Real Estate Investment Corp.        14,588     11,832
1 Yaskawa Electric Corp.       555,559     11,620
  Tokyu Corp.     1,030,810     11,604
  Food & Life Cos. Ltd.       230,000     11,584
  Ibiden Co. Ltd.       266,960     11,290
  Kawasaki Kisen Kaisha Ltd.       781,400     11,039
  Sanwa Holdings Corp.       403,672     11,013
  M3 Inc.       892,911     10,982
  Idemitsu Kosan Co. Ltd.     1,699,915     10,928
  Sojitz Corp.       455,805     10,848
  MEIJI Holdings Co. Ltd.       534,778     10,814
  Omron Corp.       415,603     10,712
  Mebuki Financial Group Inc.     1,970,573     10,685
  Japan Metropolitan Fund Investment        14,677     10,675
  Fukuoka Financial Group Inc.       389,112     10,610
  Shizuoka Financial Group Inc.       892,628     10,558
  Zensho Holdings Co. Ltd.       200,428     10,547
  Sumitomo Forestry Co. Ltd.     1,043,110     10,479
  Seibu Holdings Inc.       374,008     10,452
  Ricoh Co. Ltd.     1,191,595     10,449
  Hikari Tsushin Inc.        37,511     10,085
  SCSK Corp.       323,809     10,075
  Isetan Mitsukoshi Holdings Ltd.       709,449     10,026
  Azbil Corp.     1,069,340      9,992
  Japan Post Insurance Co. Ltd.       386,639      9,900
  Hulic Co. Ltd.     1,020,664      9,735
  SG Holdings Co. Ltd.       874,425      9,701
  Otsuka Corp.       511,382      9,689
  MonotaRO Co. Ltd.       535,156      9,529
  Nippon Express Holdings Inc.       431,943      9,488
  Ono Pharmaceutical Co. Ltd.       844,382      9,443

    Shares Market
Value
($000)
  Resonac Holdings Corp.       391,136      9,406
  Rohm Co. Ltd.       740,372      9,317
  Nomura Real Estate Master Fund Inc.         8,816      9,285
  Kurita Water Industries Ltd.       240,702      9,278
  Tosoh Corp.       611,142      9,200
  Kyoto Financial Group Inc.       508,268      9,195
*,1 Nissan Motor Co. Ltd.     4,317,099      9,154
  Skylark Holdings Co. Ltd.       479,564      9,115
  CyberAgent Inc.       908,968      9,104
  NOF Corp.       456,350      9,084
  Nissan Chemical Corp.       277,953      9,061
* Rakuten Bank Ltd.       193,700      9,023
  Tokyu Fudosan Holdings Corp.     1,267,970      8,941
1 Dentsu Group Inc.       448,520      8,845
  USS Co. Ltd.       809,842      8,802
  ZOZO Inc.       885,968      8,771
  Kyowa Kirin Co. Ltd.       512,882      8,755
  Yamato Holdings Co. Ltd.       596,376      8,623
  Brother Industries Ltd.       505,628      8,604
  KDX Realty Investment Corp.         7,942      8,535
  MISUMI Group Inc.       591,344      8,515
  Mitsui Chemicals Inc.       381,254      8,511
  Oji Holdings Corp.     1,742,873      8,495
  Yakult Honsha Co. Ltd.       518,296      8,338
  Japan Steel Works Ltd.       135,100      8,333
  Nissin Foods Holdings Co. Ltd.       438,166      8,311
  Kyushu Electric Power Co. Inc.       937,068      8,307
  Kuraray Co. Ltd.       668,879      8,270
  GLP J-Reit         9,386      8,225
1 Kokusai Electric Corp.       371,700      8,204
  Sumitomo Chemical Co. Ltd.     3,257,430      8,147
  Furukawa Electric Co. Ltd.       134,700      8,136
  Suntory Beverage & Food Ltd.       266,415      8,045
  Hirose Electric Co. Ltd.        64,060      8,044
  Haseko Corp.       539,602      8,028
  Kobe Steel Ltd.       723,867      7,953
  Santen Pharmaceutical Co. Ltd.       719,400      7,949
  Hachijuni Bank Ltd.       873,877      7,862
  Kintetsu Group Holdings Co. Ltd.       409,081      7,850
  Hoshizaki Corp.       229,152      7,847
  Yokohama Rubber Co. Ltd.       272,563      7,793
  Oracle Corp. Japan        71,551      7,738
  Kyushu Railway Co.       318,788      7,709
  Mazda Motor Corp.     1,283,892      7,699
  Amada Co. Ltd.       682,085      7,691
  Nippon Prologis REIT Inc.        14,224      7,676
  Keisei Electric Railway Co. Ltd.       912,093      7,652
  Kobe Bussan Co. Ltd.       286,588      7,632
  Kinden Corp.       238,740      7,517
  TOTO Ltd.       292,692      7,451
  Persol Holdings Co. Ltd.     3,895,410      7,446
  NGK Insulators Ltd.       586,441      7,424
  Sankyo Co. Ltd.       397,200      7,412
  Daiwa House REIT Investment Corp.         4,417      7,387
  Orix JREIT Inc.         5,648      7,383
  Hamamatsu Photonics KK       604,524      7,378
  McDonald's Holdings Co. Japan Ltd.       184,100      7,352
  Seiko Epson Corp.       576,358      7,313
  Shimamura Co. Ltd.       100,734      7,294
  Tobu Railway Co. Ltd.       426,186      7,254
  United Urban Investment Corp.         6,601      7,248
  Socionext Inc.       381,500      7,189
  Lixil Corp.       616,976      7,148
  TechnoPro Holdings Inc.       225,288      7,135
  Tohoku Electric Power Co. Inc.     1,011,580      7,097
  Invincible Investment Corp.        15,894      7,069
  Asahi Intecc Co. Ltd.       451,167      7,021
  Credit Saison Co. Ltd.       264,990      6,991
  Marui Group Co. Ltd.       342,363      6,973
  Tokyo Tatemono Co. Ltd.       414,821      6,942

    Shares Market
Value
($000)
  J Front Retailing Co. Ltd.       506,956      6,834
  Open House Group Co. Ltd.       154,383      6,827
  Gunma Bank Ltd.       728,900      6,825
  Odakyu Electric Railway Co. Ltd.       627,100      6,758
1 Tokyo Metro Co. Ltd.       624,400      6,728
  NH Foods Ltd.       199,878      6,715
  Medipal Holdings Corp.       401,957      6,655
  Sega Sammy Holdings Inc.       324,968      6,643
  BIPROGY Inc.       161,393      6,508
  DMG Mori Co. Ltd.       280,765      6,488
  Mitsubishi Gas Chemical Co. Inc.       371,979      6,426
  THK Co. Ltd.       227,521      6,395
  Horiba Ltd.        85,295      6,273
  Rohto Pharmaceutical Co. Ltd.       436,850      6,236
  Japan Airlines Co. Ltd.       313,965      6,235
  Sapporo Holdings Ltd.       134,619      6,229
  ANA Holdings Inc.       335,534      6,222
  Nomura Real Estate Holdings Inc.     1,117,395      6,192
  Electric Power Development Co. Ltd.       357,706      6,190
  Air Water Inc.       412,714      6,097
  Kewpie Corp.       218,353      5,967
  Nisshin Seifun Group Inc.       510,704      5,920
  Tokyo Ohka Kogyo Co. Ltd.       215,434      5,901
  Advance Residence Investment Corp.         5,656      5,833
  Taiheiyo Cement Corp.       237,746      5,810
1 SUMCO Corp.       741,353      5,798
  Iyogin Holdings Inc.       497,194      5,778
  Japan Hotel REIT Investment Corp.        10,423      5,728
  Nikon Corp.       586,699      5,698
  COMSYS Holdings Corp.       247,489      5,674
  Tsuruha Holdings Inc.        76,851      5,657
  Sankyu Inc.        94,725      5,576
  Sumitomo Heavy Industries Ltd.       249,801      5,532
  Yamazaki Baking Co. Ltd.       258,970      5,532
  Rinnai Corp.       222,548      5,493
  Hitachi Construction Machinery Co. Ltd.       188,639      5,463
  Keio Corp.       231,799      5,412
  Cosmo Energy Holdings Co. Ltd.       121,926      5,411
  Mitsubishi Logistics Corp.       632,270      5,405
  Yamaha Corp.       745,256      5,371
  Toyo Seikan Group Holdings Ltd.       258,138      5,346
  Maruwa Co. Ltd.        17,700      5,335
  EXEO Group Inc.       401,338      5,272
  Takasago Thermal Engineering Co. Ltd.       108,600      5,269
  Sugi Holdings Co. Ltd.       216,984      5,251
  Alfresa Holdings Corp.       361,613      5,249
  Toyo Tire Corp.       247,758      5,248
  Kadokawa Corp.       214,700      5,215
  Hirogin Holdings Inc.       595,584      5,195
  Kamigumi Co. Ltd.       184,503      5,185
  Zenkoku Hosho Co. Ltd.       241,636      5,155
  Fujitec Co. Ltd.       138,800      5,138
  Koito Manufacturing Co. Ltd.       400,652      5,123
  Kandenko Co. Ltd.       216,163      5,121
  Lion Corp.       525,670      5,121
  Tokyo Seimitsu Co. Ltd.        82,100      5,107
  GMO Payment Gateway Inc.        91,035      5,074
  Cosmos Pharmaceutical Corp.        81,526      5,065
  Japan Prime Realty Investment Corp.         7,669      5,038
  Taiyo Yuden Co. Ltd.       263,450      4,922
  Mitsui Mining & Smelting Co. Ltd.       115,445      4,883
  Keikyu Corp.       471,846      4,850
  Suzuken Co. Ltd.       127,809      4,831
  Sohgo Security Services Co. Ltd.       690,920      4,813
  Nichirei Corp.       393,040      4,730
  Toho Gas Co. Ltd.       164,168      4,584
  Internet Initiative Japan Inc.       247,300      4,554
  Iida Group Holdings Co. Ltd.       323,211      4,533
  Nagoya Railroad Co. Ltd.       414,758      4,523
  Dexerials Corp.       311,200      4,499

    Shares Market
Value
($000)
  Kakaku.com Inc.       263,611      4,480
  Takashimaya Co. Ltd.       578,752      4,473
  Japan Airport Terminal Co. Ltd.       146,883      4,461
  Resorttrust Inc.       359,898      4,458
  Kyudenko Corp.       104,161      4,450
  Mitsubishi Materials Corp.       290,900      4,443
  Sumitomo Rubber Industries Ltd.       385,143      4,402
  Daicel Corp.       508,723      4,376
  Stanley Electric Co. Ltd.       232,040      4,376
  Sekisui House REIT Inc.         8,387      4,357
  Miura Co. Ltd.       218,450      4,356
  Sundrug Co. Ltd.       146,670      4,347
  Mitsui Fudosan Logistics Park Inc.         6,478      4,343
  Kokuyo Co. Ltd.       734,252      4,326
  Yamaguchi Financial Group Inc.       375,557      4,251
  Iwatani Corp.       403,300      4,242
  Ulvac Inc.       114,946      4,222
  Nifco Inc.       171,879      4,194
  Nabtesco Corp.       227,843      4,192
  Industrial & Infrastructure Fund Investment Corp.         5,123      4,192
  Chugin Financial Group Inc.       320,472      4,161
  JGC Holdings Corp.       458,754      4,101
  Yamato Kogyo Co. Ltd.        73,015      4,097
  Kyushu Financial Group Inc.       794,476      4,057
  Kansai Paint Co. Ltd.       285,602      4,044
  Coca-Cola Bottlers Japan Holdings Inc.       262,404      4,012
  Nichias Corp.       104,600      4,002
  Keihan Holdings Co. Ltd.       194,335      3,986
  NSK Ltd.       831,358      3,979
  JTEKT Corp.       458,664      3,964
  Dowa Holdings Co. Ltd.       120,414      3,932
  Nippon Accommodations Fund Inc.         4,990      3,909
  Nagase & Co. Ltd.       197,441      3,891
  Hakuhodo DY Holdings Inc.       490,998      3,864
  Amano Corp.       137,650      3,841
  Nippon Electric Glass Co. Ltd.       143,279      3,835
  Nihon Kohden Corp.       346,240      3,808
  Macnica Holdings Inc.       291,600      3,808
* Money Forward Inc.        96,020      3,797
  Kobayashi Pharmaceutical Co. Ltd.       107,449      3,779
  Nankai Electric Railway Co. Ltd.       232,838      3,740
  NHK Spring Co. Ltd.       331,986      3,738
  Alps Alpine Co. Ltd.       347,807      3,685
  Canon Marketing Japan Inc.       101,818      3,679
  Yamada Holdings Co. Ltd.     1,205,317      3,673
* Mercari Inc.       240,179      3,664
  Activia Properties Inc.         4,285      3,661
  Tsumura & Co.       146,990      3,626
  ABC-Mart Inc.       192,963      3,611
  Tomy Co. Ltd.       170,200      3,597
  Chugoku Electric Power Co. Inc.       660,129      3,594
  Mitsubishi Motors Corp.     1,353,564      3,557
  Goldwin Inc.        68,701      3,537
  Tokyo Century Corp.       307,444      3,519
  Casio Computer Co. Ltd.       443,108      3,510
  GS Yuasa Corp.       195,025      3,500
  DIC Corp.       177,130      3,496
  Park24 Co. Ltd.       276,689      3,494
  Seino Holdings Co. Ltd.       229,126      3,485
  Kagome Co. Ltd.       181,425      3,467
  Japan Logistics Fund Inc.         5,581      3,464
  OBIC Business Consultants Co. Ltd.        59,991      3,460
  GMO internet group Inc.       134,782      3,453
  Ezaki Glico Co. Ltd.       110,918      3,425
  NS Solutions Corp.       145,952      3,423
  LaSalle Logiport REIT         3,590      3,417
  Yaoko Co. Ltd.        52,601      3,404
  Teijin Ltd.       392,358      3,335
  Organo Corp.        53,800      3,315
  Sumitomo Bakelite Co. Ltd.       112,758      3,270

    Shares Market
Value
($000)
* SHIFT Inc.       311,000      3,264
  Hisamitsu Pharmaceutical Co. Inc.       120,296      3,238
  Morinaga Milk Industry Co. Ltd.       148,874      3,238
* Konica Minolta Inc.       995,462      3,236
  INFRONEER Holdings Inc.       378,945      3,203
  Welcia Holdings Co. Ltd.       190,748      3,201
  UBE Corp.       207,176      3,171
  Koei Tecmo Holdings Co. Ltd.       237,700      3,112
  AEON REIT Investment Corp.         3,638      3,102
  Nihon M&A Center Holdings Inc.       609,992      3,049
  SBI Sumishin Net Bank Ltd.        94,900      3,028
1 Aozora Bank Ltd.       206,174      3,025
  Toyoda Gosei Co. Ltd.       143,020      3,018
  Frontier Real Estate Investment Corp.         5,275      3,009
  Zeon Corp.       282,153      2,995
  Takara Holdings Inc.       355,280      2,991
  Shikoku Electric Power Co. Inc.       355,787      2,961
  Calbee Inc.       160,295      2,942
  Maruichi Steel Tube Ltd.       121,641      2,941
  Fuyo General Lease Co. Ltd.       108,402      2,928
  Tokai Carbon Co. Ltd.       426,243      2,911
  Nipro Corp.       314,966      2,900
  Mabuchi Motor Co. Ltd.       199,290      2,881
  Kusuri no Aoki Holdings Co. Ltd.       108,170      2,879
  Nippon Kayaku Co. Ltd.       307,576      2,872
  Toridoll Holdings Corp.        97,300      2,862
  Nippon Shokubai Co. Ltd.       249,900      2,841
  Aica Kogyo Co. Ltd.       114,962      2,831
  Toda Corp.       443,659      2,829
  Daiwa Securities Living Investments Corp.         4,176      2,829
  Kotobuki Spirits Co. Ltd.       211,785      2,826
  K's Holdings Corp.       279,333      2,794
  Mori Hills REIT Investment Corp.         3,085      2,788
  Rakus Co. Ltd.       181,738      2,787
*,1 Kioxia Holdings Corp.       170,500      2,777
  Rorze Corp.       206,100      2,771
  Sotetsu Holdings Inc.       175,199      2,767
  Kose Corp.        71,393      2,740
  Rengo Co. Ltd.       468,297      2,716
  OKUMA Corp.        99,226      2,700
  Sawai Group Holdings Co. Ltd.       205,106      2,633
  Daiwa Office Investment Corp.         1,133      2,632
  Jeol Ltd.        91,000      2,603
  Kaneka Corp.        91,636      2,594
  SHO-BOND Holdings Co. Ltd.        78,757      2,515
  House Foods Group Inc.       135,882      2,513
  Ito En Ltd.       115,723      2,513
  Morinaga & Co. Ltd.       155,492      2,482
* Sharp Corp.       524,190      2,478
  Nippon Television Holdings Inc.       111,600      2,414
  Dentsu Soken Inc.        54,800      2,407
  Toei Animation Co. Ltd.       109,825      2,403
  Nippon Shinyaku Co. Ltd.       110,413      2,377
  Acom Co. Ltd.       819,517      2,370
  NOK Corp.       155,439      2,359
  Denka Co. Ltd.       166,341      2,345
  Toyota Boshoku Corp.       164,665      2,340
  Harmonic Drive Systems Inc.       122,341      2,319
1 TBS Holdings Inc.        70,217      2,310
  Relo Group Inc.       199,206      2,288
* PeptiDream Inc.       204,534      2,267
  Daido Steel Co. Ltd.       283,175      2,181
1 Fuji Media Holdings Inc.        91,409      2,155
  Ship Healthcare Holdings Inc.       154,402      2,155
  Seven Bank Ltd.     1,191,381      2,140
  AEON Financial Service Co. Ltd.       220,174      1,980
  Bic Camera Inc.       189,089      1,974
  As One Corp.       125,412      1,971
  Workman Co. Ltd.        45,321      1,940
  Itoham Yonekyu Holdings Inc.        56,583      1,909

    Shares Market
Value
($000)
  Ushio Inc.       151,324      1,856
  Izumi Co. Ltd.        87,428      1,841
  Fuji Oil Co. Ltd.        92,674      1,744
  FP Corp.        94,603      1,687
  TS Tech Co. Ltd.       139,936      1,680
  PALTAC Corp.        57,960      1,659
  Heiwa Corp.       115,459      1,600
  Pola Orbis Holdings Inc.       178,670      1,508
* Hino Motors Ltd.       593,502      1,442
  JMDC Inc.        55,100      1,424
  Takeda Pharmaceutical Co. Ltd. ADR       101,870      1,398
  Justsystems Corp.        54,337      1,368
  Matsui Securities Co. Ltd.       208,921      1,021
  NTT Data Group Corp.        14,000        365
  JX Advanced Metals Corp.        23,000        135
                10,246,939
Kuwait (0.2%)
  Kuwait Finance House KSCP    26,740,395     70,413
  National Bank of Kuwait SAKP    17,766,531     60,811
  Boubyan Bank KSCP     3,838,458      8,839
  Mobile Telecommunications Co. KSCP     4,823,736      8,374
  Gulf Bank KSCP     4,712,791      5,206
  Mabanee Co. KPSC     1,349,807      3,909
  Burgan Bank SAK     2,182,204      1,779
  Agility Public Warehousing Co. KSC     3,338,339      1,556
                   160,887
Malaysia (0.4%)
  Malayan Banking Bhd.    16,343,800     35,947
  Public Bank Bhd.    31,611,295     31,133
  Tenaga Nasional Bhd.     9,716,600     29,596
  CIMB Group Holdings Bhd.    18,048,073     27,589
  Gamuda Bhd.    10,878,300     13,130
  IHH Healthcare Bhd.     6,668,800     10,394
  Press Metal Aluminium Holdings Bhd.     7,293,500      9,109
  SD Guthrie Bhd.     7,830,605      8,747
  Petronas Gas Bhd.     2,068,650      8,713
  MISC Bhd.     4,350,135      7,597
  CelcomDigi Bhd.     8,219,766      7,392
  AMMB Holdings Bhd.     6,032,900      7,128
  RHB Bank Bhd.     4,452,400      6,392
  Axiata Group Bhd.     9,626,124      6,079
  Hong Leong Bank Bhd.     1,337,400      5,946
  Sunway Bhd.     5,339,500      5,901
  YTL Power International Bhd.     5,741,130      5,472
  IOI Corp. Bhd.     6,111,865      5,397
  Petronas Chemicals Group Bhd.     5,959,668      5,393
  Kuala Lumpur Kepong Bhd.     1,118,700      5,128
  Maxis Bhd.     6,215,100      5,001
  YTL Corp. Bhd.     7,805,024      4,518
  IJM Corp. Bhd.     6,679,840      4,449
  Telekom Malaysia Bhd.     2,506,257      3,957
  Dialog Group Bhd.     9,091,900      3,719
  Petronas Dagangan Bhd.       732,800      3,701
  QL Resources Bhd.     3,472,500      3,456
  Sime Darby Bhd.     8,622,905      3,287
  Genting Bhd.     4,352,300      3,185
  PPB Group Bhd.     1,259,260      2,780
2 MR DIY Group M Bhd.     7,067,100      2,724
  Genting Malaysia Bhd.     5,908,500      2,703
  Nestle Malaysia Bhd.       128,600      2,652
  Fraser & Neave Holdings Bhd.       339,800      2,278
  Alliance Bank Malaysia Bhd.     1,992,417      2,094
* Top Glove Corp. Bhd.    10,582,900      1,694
  Hong Leong Financial Group Bhd.       438,135      1,656
  99 Speed Mart Retail Holdings Bhd.     2,972,700      1,577
  Hartalega Holdings Bhd.     3,133,100      1,070
                   298,684

    Shares Market
Value
($000)
Mexico (0.6%)
  Grupo Financiero Banorte SAB de CV Class O     6,254,418     55,738
  Grupo Mexico SAB de CV Series B     6,175,333     38,656
  Wal-Mart de Mexico SAB de CV    11,056,297     32,592
  America Movil SAB de CV Series B    34,098,993     30,782
  Fomento Economico Mexicano SAB de CV     2,734,127     24,683
  Grupo Aeroportuario del Pacifico SAB de CV Class B       890,757     20,464
  Arca Continental SAB de CV     1,908,583     19,892
  Cemex SAB de CV    17,672,277     15,429
  Cemex SAB de CV ADR     1,495,106     13,007
* Industrias Penoles SAB de CV       410,166     10,811
  Grupo Financiero Inbursa SAB de CV Class O     3,877,549     10,000
  Grupo Aeroportuario del Sureste SAB de CV Class B       323,820      9,816
  Coca-Cola Femsa SAB de CV     1,150,644      9,541
  Fibra Uno Administracion SA de CV     6,090,889      8,675
  Prologis Property Mexico SA de CV     2,294,354      8,624
  Grupo Bimbo SAB de CV Series A1     1,173,145      8,366
  Grupo Aeroportuario del Centro Norte SAB de CV       599,812      7,956
  Grupo Bimbo SAB de CV Series A     2,591,240      7,519
  Kimberly-Clark de Mexico SAB de CV Class A     3,400,226      6,337
  Gruma SAB de CV Class B       356,253      6,157
  Alfa SAB de CV Class A     8,378,257      6,138
  Gentera SAB de CV     2,334,300      5,275
  Corp. Inmobiliaria Vesta SAB de CV     1,791,647      5,041
  Megacable Holdings SAB de CV     1,635,913      4,547
  Promotora y Operadora de Infraestructura SAB de CV       379,662      4,475
  Grupo Comercial Chedraui SA de CV       547,248      4,433
  Regional SAB de CV       533,448      4,155
  Qualitas Controladora SAB de CV       429,749      3,892
2 Banco del Bajio SA     1,729,243      3,887
  GCC SAB de CV       352,500      3,294
* Alsea SAB de CV     1,033,000      3,096
  El Puerto de Liverpool SAB de CV Class C1       425,308      2,090
  Operadora De Sites Mexicanos SAB de CV Class A-1     2,176,546      1,908
* Controladora Alpek SAB de CV     8,974,557      1,289
  Becle SAB de CV     1,015,583      1,272
  Orbia Advance Corp. SAB de CV     1,830,079      1,252
  Concentradora Fibra Danhos SA de CV       511,014        684
  Alpek SAB de CV       745,131        357
                   402,130
Netherlands (2.5%)
  ASML Holding NV       852,309    590,712
  Prosus NV     2,765,590    157,986
  ING Groep NV     6,608,680    154,018
*,2 Adyen NV        57,519     98,654
  Wolters Kluwer NV       508,109     79,143
  Koninklijke Ahold Delhaize NV     1,970,534     77,829
  Universal Music Group NV     2,039,599     58,673
  ASM International NV       100,882     48,833
  Heineken NV       599,605     47,064
  Koninklijke Philips NV     1,766,556     46,134
  DSM-Firmenich AG       394,177     37,872
  NN Group NV       560,372     37,733
  Koninklijke KPN NV     8,181,714     36,552
2 ABN AMRO Bank NV     1,110,754     32,110
  ArcelorMittal SA       916,051     28,559
  Akzo Nobel NV       365,745     22,969
  ASR Nederland NV       314,881     20,916
  BE Semiconductor Industries NV       153,069     20,681
  Aegon Ltd.     2,823,327     20,177
  EXOR NV       201,330     19,404
  Heineken Holding NV       245,578     16,574
  IMCD NV       126,463     13,862
  Randstad NV       235,201     11,179
  JDE Peet's NV       332,412      9,858
2 CVC Capital Partners plc       454,759      8,720
* InPost SA       541,371      7,776
  Aalberts NV       212,311      6,786
  Koninklijke Vopak NV       121,066      5,783

    Shares Market
Value
($000)
2 CTP NV       269,650      5,719
                 1,722,276
New Zealand (0.2%)
  Fisher & Paykel Healthcare Corp. Ltd.     1,168,508     25,318
  Auckland International Airport Ltd.     3,568,922     15,833
  Infratil Ltd.     1,953,036     13,336
  EBOS Group Ltd.       401,660      9,679
  Meridian Energy Ltd.     2,691,305      9,048
  Contact Energy Ltd.     1,640,347      8,791
  Mainfreight Ltd.       173,116      6,035
  Spark New Zealand Ltd.     3,710,572      5,306
  Mercury NZ Ltd.     1,430,467      5,212
* Fletcher Building Ltd.     2,224,921      3,969
* Ryman Healthcare Ltd.     1,905,689      2,801
  Air New Zealand Ltd.     3,302,852      1,128
                   106,456
Norway (0.4%)
  DNB Bank ASA     1,761,553     44,567
  Equinor ASA     1,573,705     40,425
  Kongsberg Gruppen ASA       889,070     26,568
  Telenor ASA     1,367,734     20,982
  Mowi ASA       941,964     17,546
  Norsk Hydro ASA     2,790,064     16,537
  Aker BP ASA       665,090     16,000
  Orkla ASA     1,445,585     15,202
  Yara International ASA       352,467     13,030
  Gjensidige Forsikring ASA       398,564     10,484
  Vend Marketplaces ASA Class B       207,334      7,790
  Salmar ASA       144,145      5,838
  Var Energi ASA     1,611,059      5,518
  Vend Marketplaces ASA       134,830      5,322
  Aker ASA Class A        42,680      2,938
                   248,747
Philippines (0.1%)
  International Container Terminal Services Inc.     2,356,475     18,094
  Bdo Unibank Inc.     4,954,840     12,095
  SM Prime Holdings Inc.    22,051,223      8,754
  Bank of the Philippine Islands     4,146,109      8,398
  Ayala Corp.       619,437      6,258
  Ayala Land Inc.    14,575,301      6,227
  Metropolitan Bank & Trust Co.     3,849,066      4,888
  Manila Electric Co.       529,088      4,869
  PLDT Inc.       204,461      4,618
  Jollibee Foods Corp.       980,338      3,641
  Universal Robina Corp.     1,841,919      2,790
  JG Summit Holdings Inc.     5,993,720      2,154
  GT Capital Holdings Inc.       199,768      2,050
  Globe Telecom Inc.        68,543      1,960
  Converge Information & Communications Technology Solutions Inc.     5,311,900      1,625
  Puregold Price Club Inc.     2,193,192      1,503
  DMCI Holdings Inc.     7,547,978      1,326
2 Monde Nissin Corp.     9,449,400      1,212
  Semirara Mining & Power Corp.     1,938,400      1,096
  LT Group Inc.     4,594,616      1,029
  ACEN Corp.    19,651,781        841
  Megaworld Corp.    18,837,985        641
  Bloomberry Resorts Corp.     7,107,641        494
  Aboitiz Power Corp.        52,300         39
                    96,602
Poland (0.3%)
  Powszechna Kasa Oszczednosci Bank Polski SA     1,856,111     40,642
  ORLEN SA     1,262,742     28,120
  Bank Polska Kasa Opieki SA       381,472     20,715
  Powszechny Zaklad Ubezpieczen SA     1,232,563     20,659
*,2 Allegro.eu SA     1,463,575     14,357
*,2 Dino Polska SA     1,038,660     13,698
  LPP SA         2,794     12,409
  Santander Bank Polska SA        83,920     12,237

    Shares Market
Value
($000)
* KGHM Polska Miedz SA       291,787      9,865
* mBank SA        28,321      6,697
                   179,399
Portugal (0.1%)
  EDP SA     6,470,683     27,969
  Galp Energia SGPS SA       884,905     16,898
  Banco Comercial Portugues SA Class R    19,801,804     16,260
  Jeronimo Martins SGPS SA       597,614     14,568
  EDP Renovaveis SA       655,943      7,701
                    83,396
Qatar (0.2%)
  Qatar National Bank QPSC     9,443,830     48,585
  Qatar Islamic Bank QPSC     3,927,027     26,457
  Industries Qatar QSC     4,287,462     15,641
  Commercial Bank PSQC     7,262,103      9,754
  Al Rayan Bank    13,416,515      8,764
  Qatar Gas Transport Co. Ltd.     5,917,191      7,801
  Qatar Navigation QSC     2,113,225      6,290
  Ooredoo QPSC     1,669,307      6,169
  Qatar International Islamic Bank QSC     1,851,248      5,655
  Qatar Fuel QSC     1,287,444      5,374
  Qatar Electricity & Water Co. QSC     1,050,287      4,647
  Dukhan Bank     4,497,663      4,513
  Mesaieed Petrochemical Holding Co.    11,268,451      4,189
  Barwa Real Estate Co.     4,560,411      3,514
  Qatar Aluminum Manufacturing Co.     5,773,702      2,350
  Vodafone Qatar QSC     3,395,889      2,224
* Ezdan Holding Group QSC     3,485,081      1,066
* Estithmar Holding QPSC       176,459        172
                   163,165
Romania (0.0%)
  Banca Transilvania SA     2,364,932     14,683
  OMV Petrom SA    37,930,354      6,650
  Societatea De Producere A Energiei Electrice in Hidrocentrale Hidroelectrica SA       191,888      5,371
  Societatea Energetica Electrica SA       305,698      1,229
  Societatea Nationala Nuclearelectrica SA       105,922      1,094
* MED Life SA       562,576        976
  One United Properties SA        90,126        462
                    30,465
Russia (0.0%)
*,3 Inter RAO UES PJSC    68,280,500         —
*,3 Polyus PJSC (Registered) GDR             1         —
*,3 Sberbank of Russia PJSC ADR (XLON)     1,098,895         —
*,3 Sberbank of Russia PJSC    15,141,656         —
*,3 Moscow Exchange MICEX-RTS PJSC     2,697,004         —
*,3 GMK Norilskiy Nickel PAO     2,264,300         —
*,3 Surgutneftegas PJSC ADR         2,397         —
*,3 Severstal PAO GDR (Registered)       297,905         —
*,3 VTB Bank PJSC GDR (Registered)     1,904,444         —
*,1,3 Rostelecom PJSC ADR         4,260         —
*,3 Alrosa PJSC     4,689,820         —
*,3 PhosAgro PJSC (MISX)        16,169         —
*,3 United Co. RUSAL International PJSC     4,778,250         —
*,3 Sistema PJSFC (Registered) GDR       185,097         —
*,3 Unipro PJSC    22,147,100         —
*,3 Polyus PJSC       531,860         —
*,3 Raspadskaya OJSC       120,950         —
*,3 RusHydro PJSC   217,254,634         —
*,3 Aeroflot PJSC     1,875,381         —
*,3 Rostelecom PJSC     1,223,758         —
*,3 Tatneft PJSC       470,953         —
*,3 Novolipetsk Steel PJSC     2,190,647         —
*,3 Mobile TeleSystems PJSC     1,107,812         —
*,3 Magnit PJSC        66,366         —
*,3 Novatek PJSC     2,025,468         —
*,3 Gazprom PJSC     6,439,237         —
*,3 Mosenergo PJSC    17,082,000         —
*,3 Federal Grid Co. - Rosseti PJSC   854,069,401         —

    Shares Market
Value
($000)
*,3 Lukoil PJSC       221,305         —
*,3 M Video PJSC        79,232         —
*,3 Rosneft Oil Co. PJSC       466,895         —
*,3 Magnitogorsk Iron & Steel Works PJSC     3,955,368         —
*,3 VTB Bank PJSC     1,105,843         —
*,3 Sistema AFK PAO     1,475,900         —
*,3 Severstal PAO PJSC        69,236         —
*,3 Surgutneftegas PAO     3,872,600         —
*,3 Credit Bank of Moscow PJSC    22,920,900         —
*,3 Sovcomflot PJSC       702,230         —
*,2,3 Segezha Group PJSC     4,388,900         —
*,3 PhosAgro PJSC         1,038         —
*,3 PhosAgro PJSC GDR (Registered)       161,274         —
                        —
Saudi Arabia (1.0%)
  Al Rajhi Bank     4,245,362    107,043
2 Saudi Arabian Oil Co.    12,870,893     83,283
  Saudi National Bank     6,306,358     62,932
  Saudi Telecom Co.     4,093,835     45,825
* Saudi Arabian Mining Co.     2,849,002     39,389
* ACWA Power Co.       489,386     28,658
  Saudi Basic Industries Corp.     1,947,005     28,356
  Riyad Bank     3,179,467     23,857
  Saudi Awwal Bank     2,148,614     18,521
  Alinma Bank     2,656,691     18,269
  SABIC Agri-Nutrients Co.       506,739     16,074
  Dr Sulaiman Al Habib Medical Services Group Co.       221,404     15,464
  Almarai Co. JSC     1,064,129     13,572
  Etihad Etisalat Co.       822,357     13,408
  Elm Co.        52,923     12,822
  Banque Saudi Fransi     2,631,670     12,023
  Arab National Bank     1,909,800     11,048
  Bank AlBilad     1,584,318     10,969
  Bupa Arabia for Cooperative Insurance Co.       166,426      7,476
  Saudi Electricity Co.     1,681,433      6,612
* Dar Al Arkan Real Estate Development Co.     1,142,144      5,810
  Co. for Cooperative Insurance       157,435      5,631
  Riyadh Cables Group Co.       156,886      5,472
  Saudi Investment Bank     1,315,726      5,042
  Yanbu National Petrochemical Co.       588,801      4,783
* Bank Al-Jazira     1,352,866      4,519
  Saudi Tadawul Group Holding Co.       103,229      4,501
  Jarir Marketing Co.     1,293,908      4,429
* Saudi Research & Media Group        83,402      4,083
  Mouwasat Medical Services Co.       198,951      4,023
  SAL Saudi Logistics Services        83,208      3,815
  Dallah Healthcare Co.       101,121      3,663
  Arabian Internet & Communications Services Co.        56,475      3,588
  Sahara International Petrochemical Co.       752,208      3,585
  Saudi Industrial Investment Group       709,733      3,396
  Aldrees Petroleum & Transport Services Co.       106,528      3,384
  Nahdi Medical Co.       102,193      3,371
* Al Rajhi Co. for Co-operative Insurance       104,110      3,292
  Astra Industrial Group Co.        79,253      2,954
  Saudi Aramco Base Oil Co.       104,802      2,908
2 Arabian Centres Co. Ltd.       499,064      2,758
  Saudi Airlines Catering Co.        86,144      2,602
  Mobile Telecommunications Co. Saudi Arabia       938,806      2,601
  Jamjoom Pharmaceuticals Factory Co.        59,313      2,561
  Saudi Ground Services Co.       191,933      2,489
  Ades Holding Co.       725,043      2,432
* Advanced Petrochemical Co.       276,994      2,288
  Saudia Dairy & Foodstuff Co.        31,779      2,227
* Savola Group       309,194      2,039
* Seera Group Holding       294,070      2,023
  Leejam Sports Co. JSC        52,192      1,972
* Saudi Kayan Petrochemical Co.     1,604,196      1,951
  Yamama Cement Co.       217,730      1,907
  United Electronics Co.        79,489      1,902

    Shares Market
Value
($000)
* National Industrialization Co. Class C       728,755      1,867
  Abdullah Al Othaim Markets Co.       933,136      1,815
* Rabigh Refining & Petrochemical Co.       928,365      1,758
  Saudi Cement Co.       164,014      1,672
  Power & Water Utility Co. for Jubail & Yanbu       155,867      1,664
  Qassim Cement Co.       119,024      1,461
* Saudi Real Estate Co.       291,901      1,430
  Dr. Soliman Abdel Kader Fakeeh Hospital Co.       114,296      1,176
* Emaar Economic City       342,653      1,146
  Arabian Drilling Co.        55,558      1,109
* Arabian Contracting Services Co.        41,659      1,072
  BinDawood Holding Co.       535,886        846
* Jabal Omar Development Co.        64,998        346
                   706,964
Singapore (0.9%)
  DBS Group Holdings Ltd.     4,359,427    160,010
  Oversea-Chinese Banking Corp. Ltd.     7,022,902     91,011
  United Overseas Bank Ltd.     2,673,412     74,275
  Singapore Telecommunications Ltd.    15,524,230     46,265
  Singapore Technologies Engineering Ltd.     3,219,893     21,661
  Singapore Exchange Ltd.     1,755,366     21,524
  CapitaLand Integrated Commercial Trust    12,355,514     20,862
  Keppel Ltd.     3,073,832     19,970
  CapitaLand Ascendas REIT     7,711,141     16,511
1 Singapore Airlines Ltd.     2,986,056     15,597
  Sembcorp Industries Ltd.     1,899,802     11,296
  Capitaland Investment Ltd.     4,941,028     10,523
  Wilmar International Ltd.     3,767,318      8,527
  Seatrium Ltd.     4,462,615      7,756
  Keppel DC REIT     3,928,372      7,149
  Mapletree Industrial Trust     4,561,242      7,111
  Genting Singapore Ltd.    12,062,490      6,804
  Mapletree Logistics Trust     7,394,978      6,576
  Venture Corp. Ltd.       612,982      6,080
  ComfortDelGro Corp. Ltd.     4,721,391      5,551
  Thai Beverage PCL    15,529,900      5,545
  UOL Group Ltd.       961,418      5,082
  Mapletree Pan Asia Commercial Trust     4,817,303      4,773
  SATS Ltd.     1,872,387      4,569
  NetLink NBN Trust     5,984,716      4,123
  Suntec REIT     4,478,666      3,986
  Frasers Logistics & Commercial Trust     5,855,834      3,955
  City Developments Ltd.       828,691      3,923
  CapitaLand Ascott Trust     5,492,664      3,781
  Keppel REIT     4,969,534      3,627
  Jardine Cycle & Carriage Ltd.       118,688      2,403
  Hutchison Port Holdings Trust    10,830,763      2,159
  Olam Group Ltd.     1,629,113      1,303
  SIA Engineering Co. Ltd.       492,216      1,163
  StarHub Ltd.     1,195,097      1,132
                   616,583
South Africa (1.0%)
  Naspers Ltd. Class N       350,030    108,048
  Anglogold Ashanti plc     1,089,233     49,528
  FirstRand Ltd.    11,518,784     48,915
  Gold Fields Ltd.     1,939,367     47,295
  Standard Bank Group Ltd.     2,837,815     36,516
  Capitec Bank Holdings Ltd.       181,467     35,177
  MTN Group Ltd.     3,536,418     29,724
  Bid Corp. Ltd.       730,916     18,374
* Impala Platinum Holdings Ltd.     1,942,394     18,358
  Sanlam Ltd.     3,484,784     16,771
  Absa Group Ltd.     1,667,252     16,457
  Harmony Gold Mining Co. Ltd.     1,182,278     15,830
  Shoprite Holdings Ltd.     1,023,432     14,878
  Discovery Ltd.     1,172,259     13,901
  Nedbank Group Ltd.       969,850     13,235
* Sibanye Stillwater Ltd.     6,017,184     12,656
  Valterra Platinum Ltd.       260,064     11,609

    Shares Market
Value
($000)
2 Pepkor Holdings Ltd.     7,572,107     11,371
  Clicks Group Ltd.       507,013     10,620
  Remgro Ltd.     1,103,036     10,049
  NEPI Rockcastle NV     1,250,150      9,557
  Anglo American Platinum Ltd.       208,675      9,372
  Bidvest Group Ltd.       712,882      9,274
1 Northam Platinum Holdings Ltd.       756,890      8,694
  Reinet Investments SCA       291,164      8,407
  OUTsurance Group Ltd.     1,830,091      7,754
  Vodacom Group Ltd.       999,134      7,607
  Old Mutual Ltd.    10,144,709      7,115
* Sasol Ltd.     1,375,828      7,077
  Mr Price Group Ltd.       550,634      6,372
  Tiger Brands Ltd.       358,637      5,983
  Woolworths Holdings Ltd.     1,984,568      5,437
  Growthpoint Properties Ltd.     6,808,957      5,327
  Aspen Pharmacare Holdings Ltd.       763,228      4,899
  Foschini Group Ltd.       697,283      4,708
  Exxaro Resources Ltd.       392,608      3,425
*,1 Multichoice Group       487,542      3,214
  Investec Ltd.       340,130      2,498
  African Rainbow Minerals Ltd.       216,635      2,197
  Kumba Iron Ore Ltd.       119,086      1,964
  Santam Ltd.        74,950      1,817
                   662,010
South Korea (3.1%)
  Samsung Electronics Co. Ltd. (XKRX)    10,130,163    516,273
1 SK Hynix Inc.     1,171,696    227,093
  NAVER Corp.       322,893     54,341
  Hanwha Aerospace Co. Ltd.        70,205     50,088
  Hyundai Motor Co.       296,023     45,033
*,1 Doosan Enerbility Co. Ltd.       954,706     44,727
  Celltrion Inc.       319,401     40,948
  KB Financial Group Inc.       505,285     40,144
  Kia Corp.       520,280     38,069
  Hana Financial Group Inc.       600,630     36,722
  Shinhan Financial Group Co. Ltd.       661,565     32,214
*,2 Samsung Biologics Co. Ltd.        39,419     30,117
  Kakao Corp.       663,376     27,516
* Alteogen Inc.        85,202     27,485
  Hyundai Mobis Co. Ltd.       127,193     26,840
  Woori Financial Group Inc.     1,467,080     26,031
  Korea Shipbuilding & Offshore Engineering Co. Ltd.        96,798     24,875
*,1 LG Energy Solution Ltd.        89,243     24,396
1 KB Financial Group Inc. ADR (XNYS)       295,077     23,355
  LG Chem Ltd. (XKRX)        98,667     21,214
  Samsung Fire & Marine Insurance Co. Ltd.        66,778     21,081
  KT&G Corp.       223,296     20,928
* SK Square Co. Ltd.       193,962     20,892
  Samsung C&T Corp.       162,853     19,647
  POSCO Holdings Inc.        88,631     19,491
  Samsung SDI Co. Ltd. (XKRX)       132,657     19,036
* Samsung Heavy Industries Co. Ltd.     1,368,282     18,676
* Hanwha Ocean Co. Ltd.       213,953     17,199
  HD Hyundai Electric Co. Ltd.        47,589     16,935
1 Hyundai Heavy Industries Co. Ltd.        47,379     16,628
  Samsung Life Insurance Co. Ltd.       169,039     15,258
  SK Inc.       100,935     14,649
1 POSCO Holdings Inc. (XNYS) ADR       266,523     14,563
  Shinhan Financial Group Co. Ltd. ADR       293,584     14,298
* Krafton Inc.        59,800     14,080
  Meritz Financial Group Inc.       162,706     13,512
  Samsung Electro-Mechanics Co. Ltd.       119,135     12,658
  LG Electronics Inc. (XKRX)       227,484     12,591
  Korea Electric Power Corp.       383,096     10,582
  LG Corp.       185,774     10,547
1 HMM Co. Ltd.       626,396     10,531
1 SK Innovation Co. Ltd.       134,404     10,399
  Korea Aerospace Industries Ltd.       150,796     10,212

    Shares Market
Value
($000)
1 Yuhan Corp.       118,617      9,988
  Samsung SDS Co. Ltd.        85,887      9,840
  HD Hyundai Co. Ltd.        88,858      9,092
  Korea Investment Holdings Co. Ltd.        87,578      8,966
  Coway Co. Ltd.       113,848      8,880
*,1 HLB Inc.       256,804      8,856
  HYBE Co. Ltd.        47,368      8,804
  DB Insurance Co. Ltd.        93,491      8,593
  Hyundai Glovis Co. Ltd.        79,899      8,440
*,1 Ecopro BM Co. Ltd.       103,755      8,208
1 KakaoBank Corp.       403,421      8,112
  Industrial Bank of Korea       541,141      7,550
1 Ecopro Co. Ltd.       214,476      7,541
  Hyundai Engineering & Construction Co. Ltd.       155,195      7,511
  HD Hyundai Mipo        48,930      7,446
1 LS Electric Co. Ltd.        32,334      7,136
*,1 POSCO Future M Co. Ltd.        69,024      7,022
  Samsung Securities Co. Ltd.       133,568      6,771
1 Korean Air Lines Co. Ltd.       398,444      6,746
1 Korea Zinc Co. Ltd.        10,745      6,160
  Samsung E&A Co. Ltd.       318,323      6,036
1 Amorepacific Corp.        61,855      5,961
1 Hanmi Semiconductor Co. Ltd.        89,925      5,833
1 Mirae Asset Securities Co. Ltd.       416,386      5,683
  BNK Financial Group Inc.       542,140      5,678
1 Hanjin Kal Corp.        64,289      5,029
*,1 LG Display Co. Ltd.       642,156      4,972
1 Hanwha Solutions Corp.       226,521      4,959
  LG Uplus Corp.       449,857      4,735
  Korea Electric Power Corp. ADR       343,598      4,721
  Hankook Tire & Technology Co. Ltd.       145,275      4,634
1 LG H&H Co. Ltd. (XKRX)        20,086      4,553
  Hyundai Steel Co.       178,415      4,541
  LS Corp.        36,358      4,484
*,1 SK Biopharmaceuticals Co. Ltd.        60,581      4,267
1 Hanwha Corp. (XKRX)        59,705      4,264
  HD Hyundai Marine Solution Co. Ltd.        28,754      4,206
  Doosan Bobcat Inc.       103,477      4,102
  NH Investment & Securities Co. Ltd.       282,541      4,096
1 S-Oil Corp.        88,468      3,991
  Orion Corp.        47,963      3,830
  NCSoft Corp.        27,466      3,813
1 Posco International Corp.        97,991      3,426
1 LG Innotek Co. Ltd.        29,789      3,324
  GS Holdings Corp.        93,038      3,292
  Kangwon Land Inc.       242,839      3,260
*,1 Hanwha Vision Co. Ltd.        72,161      3,172
1 CJ Corp.        27,759      3,086
  iM Financial Group Co. Ltd.       305,043      3,035
  CJ CheilJedang Corp. (XKRX)        16,712      3,009
*,1 Kakaopay Corp.        62,018      2,840
*,1 SKC Co. Ltd.        39,344      2,831
  Kumho Petrochemical Co. Ltd.        32,047      2,805
  Hanmi Pharm Co. Ltd.        13,270      2,656
1 E-MART Inc.        40,588      2,602
*,1 L&F Co. Ltd.        51,936      2,597
* Hyundai Marine & Fire Insurance Co. Ltd.       124,801      2,355
1 KCC Corp.         8,854      2,349
2 Netmarble Corp.        54,897      2,344
*,1 Hotel Shilla Co. Ltd.        67,446      2,267
  S-1 Corp.        42,255      2,252
  Cheil Worldwide Inc.       146,430      2,092
  Misto Holdings Corp.        76,589      1,972
1 Posco DX Co. Ltd.       113,122      1,934
*,1 Ecopro Materials Co. Ltd.        52,570      1,908
  GS Engineering & Construction Corp.       137,498      1,907
  Lotte Chemical Corp.        38,382      1,827
*,1 SK Bioscience Co. Ltd.        55,829      1,827
1 NongShim Co. Ltd.         6,442      1,788
  Samsung Card Co. Ltd.        49,530      1,773

    Shares Market
Value
($000)
*,1 Pearl Abyss Corp.        63,195      1,768
1 KEPCO Plant Service & Engineering Co. Ltd.        46,725      1,748
  Korea Gas Corp.        56,024      1,725
1 Hyundai Autoever Corp.        15,016      1,654
  HL Mando Co. Ltd.        66,426      1,651
*,1 Celltrion Pharm Inc.        42,293      1,626
  Pan Ocean Co. Ltd.       524,689      1,586
1 Hanmi Science Co. Ltd.        40,423      1,469
* Hanwha Life Insurance Co. Ltd.       578,932      1,445
1 F&F Co. Ltd.        28,717      1,439
1 BGF retail Co. Ltd.        17,191      1,393
*,1 CosmoAM&T Co. Ltd.        50,007      1,384
  Dongsuh Cos. Inc.        63,865      1,363
  Lotte Shopping Co. Ltd.        23,773      1,223
  CJ Logistics Corp.        19,116      1,219
  Green Cross Corp.        11,662      1,214
  Lotte Corp.        59,740      1,205
  Amorepacific Holdings Corp.        51,480      1,144
*,2 SK IE Technology Co. Ltd.        57,232      1,135
*,1 Kakao Games Corp.        81,336      1,001
  Hite Jinro Co. Ltd.        68,057        990
  Otoki Corp.         2,996        858
  GS Retail Co. Ltd.        69,319        811
*,1 Hanon Systems       322,271        757
*,3 Kum Yang Co. Ltd.        34,122        244
                 2,080,506
Spain (2.1%)
  Banco Santander SA    32,682,516    280,768
  Iberdrola SA (XMAD)    14,717,660    258,682
  Banco Bilbao Vizcaya Argentaria SA    12,263,970    204,542
  Industria de Diseno Textil SA     2,393,648    114,337
  Amadeus IT Group SA       945,626     75,928
  CaixaBank SA     7,884,021     74,175
  Ferrovial SE     1,019,786     52,277
  Telefonica SA     8,848,432     45,665
*,2 Cellnex Telecom SA     1,221,162     43,094
  Banco de Sabadell SA    11,652,404     43,008
2 Aena SME SA     1,500,906     40,417
  Repsol SA     2,480,043     37,602
  ACS Actividades de Construccion y Servicios SA       395,785     27,315
  Endesa SA       684,801     19,846
  Bankinter SA     1,346,670     19,223
  Redeia Corp. SA       878,536     17,031
  Merlin Properties Socimi SA       812,873     11,255
  Acciona SA        51,675      9,911
* Grifols SA       603,248      8,988
  Mapfre SA     1,954,127      7,958
  Naturgy Energy Group SA       191,840      6,017
1 Corp. ACCIONA Energias Renovables SA       110,780      2,983
                 1,401,022
Sweden (1.9%)
  Investor AB Class B     3,643,026    105,573
  Volvo AB Class B     3,373,122     96,875
  Atlas Copco AB Class A     5,465,401     83,229
  Assa Abloy AB Class B     2,103,419     69,603
  Skandinaviska Enskilda Banken AB Class A     3,377,032     59,073
  Sandvik AB     2,229,626     54,402
  Hexagon AB Class B     4,458,021     48,985
  Swedbank AB Class A     1,748,093     46,548
  Atlas Copco AB Class B     3,269,297     44,244
  Telefonaktiebolaget LM Ericsson Class B     5,920,786     43,006
  Saab AB Class B       777,818     42,309
  EQT AB     1,238,617     41,400
  Svenska Handelsbanken AB Class A     3,120,649     38,023
  Investor AB Class A (XSTO)     1,200,992     34,843
  Essity AB Class B     1,271,484     31,352
  Epiroc AB Class A     1,359,725     27,675
2 Evolution AB       299,043     26,603
  Alfa Laval AB       588,795     25,582

    Shares Market
Value
($000)
* Boliden AB       606,521     18,565
  Tele2 AB Class B     1,181,464     18,260
  Telia Co. AB     4,925,996     17,397
  Lifco AB Class B       475,079     16,923
  SKF AB Class B       723,931     16,862
  Skanska AB Class B       714,096     16,657
  AddTech AB Class B       490,346     16,485
  Trelleborg AB Class B       435,269     15,815
  Svenska Cellulosa AB SCA Class B     1,257,392     15,769
  Securitas AB Class B     1,023,306     15,187
  Beijer Ref AB       901,501     15,133
  Epiroc AB Class B       816,826     14,642
  Nibe Industrier AB Class B     3,149,604     14,534
1 H & M Hennes & Mauritz AB Class B     1,050,260     14,149
  Indutrade AB       580,167     14,089
  Industrivarden AB Class C       355,330     13,122
  Volvo AB Class A       423,246     12,134
* Swedish Orphan Biovitrum AB       403,494     11,095
  AAK AB       392,507     10,097
* Fastighets AB Balder Class B     1,476,202      9,967
  Castellum AB       872,451      9,932
  Getinge AB Class B       473,261      9,341
  Sagax AB Class B       424,409      8,983
  SSAB AB Class B     1,493,923      8,443
  Industrivarden AB Class A       218,163      8,072
  L E Lundbergforetagen AB Class B       159,966      7,803
  Investment AB Latour Class B       287,812      7,348
  Holmen AB Class B       188,889      7,020
  Sweco AB Class B       430,305      6,788
  Axfood AB       224,292      6,684
*,1 Volvo Car AB Class B     1,355,467      2,592
  Sagax AB Class D       471,092      1,596
1 Svenska Handelsbanken AB Class B        80,623      1,575
  SSAB AB Class A       255,535      1,474
  Skandinaviska Enskilda Banken AB Class C        51,520        913
  Svenska Cellulosa AB SCA Class A        15,787        198
                 1,304,969
Switzerland (5.6%)
  Nestle SA (Registered)     5,476,879    478,554
  Roche Holding AG     1,522,935    475,267
  Novartis AG (Registered)     4,042,232    460,358
  UBS Group AG (Registered)     6,905,102    256,621
  ABB Ltd. (Registered)     3,399,133    221,957
  Zurich Insurance Group AG       307,759    209,924
  Cie Financiere Richemont SA Class A (Registered)     1,145,930    187,103
  Swiss Re AG       636,543    113,942
  Lonza Group AG (Registered)       153,155    106,744
  Alcon AG     1,071,791     93,962
  Holcim AG     1,079,628     86,100
  Sika AG (Registered)       347,613     82,030
  Givaudan SA (Registered)        16,587     69,339
  Swiss Life Holding AG (Registered)        61,563     63,767
  Partners Group Holding AG        46,501     62,511
* Amrize Ltd.     1,081,387     54,665
  Geberit AG (Registered)        71,094     54,465
  Sandoz Group AG       894,976     51,183
  Galderma Group AG       322,893     49,764
  Swisscom AG (Registered)        55,045     38,247
  SGS SA (Registered)       351,171     35,684
  Chocoladefabriken Lindt & Spruengli AG (Registered)           234     34,216
  Chocoladefabriken Lindt & Spruengli AG         2,155     31,701
  Schindler Holding AG (XSWX)        87,220     31,542
  Julius Baer Group Ltd.       442,776     29,960
  Logitech International SA (Registered)       322,316     29,887
  Sonova Holding AG (Registered)       106,618     29,022
  Straumann Holding AG (Registered)       234,352     28,553
  Belimo Holding AG (Registered)        21,239     24,716
  Swiss Prime Site AG (Registered)       167,788     23,207
  Baloise Holding AG (Registered)        89,247     21,389

    Shares Market
Value
($000)
  Roche Holding AG (Bearer)        62,439     20,751
2 VAT Group AG        58,366     20,439
  Kuehne & Nagel International AG (Registered)        99,769     20,341
  Helvetia Holding AG (Registered)        75,460     18,147
  PSP Swiss Property AG (Registered)        98,752     16,755
  Schindler Holding AG (Registered)        44,636     15,655
  Georg Fischer AG (Registered)       169,589     13,267
  Swatch Group AG (Bearer)        67,401     11,920
  EMS-Chemie Holding AG (Registered)        14,800     11,645
  Flughafen Zurich AG (Registered)        41,070     11,575
  SIG Group AG       710,551     11,496
  Adecco Group AG (Registered)       349,589     11,008
  Temenos AG (Registered)       121,258     10,846
  Avolta AG       192,111      9,987
  BKW AG        42,306      9,446
1 Barry Callebaut AG (Registered)         7,635      9,298
  Banque Cantonale Vaudoise (Registered)        60,268      6,974
  Bachem Holding AG        66,988      5,644
  DKSH Holding AG        74,395      5,144
  Clariant AG (Registered)       460,044      4,721
  Emmi AG (Registered)         4,440      4,042
  Swatch Group AG (Registered)        79,028      2,878
                 3,788,359
Taiwan (5.6%)
  Taiwan Semiconductor Manufacturing Co. Ltd. (XTAI)    52,627,873  2,026,134
  Hon Hai Precision Industry Co. Ltd.    26,299,823    154,656
  MediaTek Inc.     3,170,700    143,584
  Delta Electronics Inc.     4,162,676     78,417
1 Quanta Computer Inc.     5,694,598     53,040
  Fubon Financial Holding Co. Ltd.    17,547,726     48,163
  CTBC Financial Holding Co. Ltd.    34,479,939     47,379
1 Cathay Financial Holding Co. Ltd.    20,185,620     40,913
  Mega Financial Holding Co. Ltd.    25,489,732     36,259
  E.Sun Financial Holding Co. Ltd.    33,137,857     35,441
  ASE Technology Holding Co. Ltd.     7,076,449     34,316
  Asustek Computer Inc.     1,481,026     32,511
  Accton Technology Corp.     1,066,000     31,483
  Uni-President Enterprises Corp.    10,628,487     28,051
  Taishin Financial Holding Co. Ltd.    46,951,583     25,625
  Wistron Corp.     6,004,445     24,437
  Yuanta Financial Holding Co. Ltd.    22,864,726     23,717
  First Financial Holding Co. Ltd.    22,859,755     22,582
1 Alchip Technologies Ltd.       171,000     21,860
  Elite Material Co. Ltd.       596,000     21,847
  Asia Vital Components Co. Ltd.       697,000     21,185
1 Wiwynn Corp.       222,000     20,261
  Realtek Semiconductor Corp.     1,045,768     19,996
  Novatek Microelectronics Corp.     1,254,916     19,832
  Chunghwa Telecom Co. Ltd.     4,409,207     19,053
  Hua Nan Financial Holdings Co. Ltd. Class C    19,876,461     19,045
  SinoPac Financial Holdings Co. Ltd.    23,069,700     19,035
1 United Microelectronics Corp.    13,529,978     18,748
  Taiwan Cooperative Financial Holding Co. Ltd.    21,955,392     18,635
  KGI Financial Holding Co. Ltd.    33,737,019     17,090
  Lite-On Technology Corp.     4,262,767     16,853
  Chunghwa Telecom Co. Ltd. ADR       381,442     16,555
  Largan Precision Co. Ltd.       205,848     16,145
  China Steel Corp.    24,326,234     15,797
1 Evergreen Marine Corp. Taiwan Ltd.     2,353,520     15,531
1 United Microelectronics Corp. ADR     2,242,390     15,338
  Yageo Corp.       833,129     14,639
  Nan Ya Plastics Corp.    10,609,615     14,470
1 Formosa Plastics Corp.     9,022,873     12,835
1 Unimicron Technology Corp.     2,791,975     12,674
1 International Games System Co. Ltd. Class C       480,000     12,551
  Chailease Holding Co. Ltd.     3,230,850     12,473
1 E Ink Holdings Inc.     1,743,000     11,868
  Shanghai Commercial & Savings Bank Ltd.     8,158,048     11,712
  TCC Group Holdings Co. Ltd.    14,413,726     11,692

    Shares Market
Value
($000)
  Chroma ATE Inc.       793,000     11,355
  Pegatron Corp.     4,171,038     11,104
  Hotai Motor Co. Ltd.       602,860     11,090
  Advantech Co. Ltd.       988,687     10,998
  Taiwan Mobile Co. Ltd.     3,048,713     10,748
  King Slide Works Co. Ltd.       122,000     10,742
  Gigabyte Technology Co. Ltd.     1,172,000     10,633
  Far EasTone Telecommunications Co. Ltd.     3,810,643     10,393
  eMemory Technology Inc.       150,000     10,154
  President Chain Store Corp.     1,162,904      9,965
  Chang Hwa Commercial Bank Ltd.    16,074,397      9,929
  ASPEED Technology Inc.        65,400      9,904
  King Yuan Electronics Co. Ltd.     2,484,000      9,717
* PharmaEssentia Corp.       551,000      9,097
  Catcher Technology Co. Ltd.     1,265,153      8,935
  Compal Electronics Inc.     9,019,510      8,826
  Airtac International Group       298,773      8,498
  Jentech Precision Industrial Co. Ltd.       178,000      8,469
1 Lotes Co. Ltd.       179,000      8,370
1 Inventec Corp.     5,494,064      8,114
  Taiwan Business Bank    14,448,613      7,763
1 Silergy Corp.       708,000      7,616
1 Yang Ming Marine Transport Corp.     3,747,000      7,602
  WPG Holdings Ltd.     3,336,000      7,392
1 Eva Airways Corp.     5,848,188      7,374
  Global Unichip Corp.       177,000      7,088
  Micro-Star International Co. Ltd.     1,453,000      6,941
  Vanguard International Semiconductor Corp.     2,228,963      6,908
  Formosa Chemicals & Fibre Corp.     7,141,306      6,858
  Fortune Electric Co. Ltd.       310,200      6,827
  Asia Cement Corp.     5,037,519      6,810
1 Acer Inc.     6,181,396      6,604
  Far Eastern New Century Corp.     6,453,819      6,186
  Powertech Technology Inc.     1,474,000      6,157
1 Globalwafers Co. Ltd.       539,000      6,118
  Innolux Corp.    15,801,392      6,060
1 Wan Hai Lines Ltd.     1,989,812      5,885
1 Zhen Ding Technology Holding Ltd.     1,406,000      5,864
  Synnex Technology International Corp.     2,634,889      5,839
  Voltronic Power Technology Corp.       145,000      5,695
  Chicony Electronics Co. Ltd.     1,302,337      5,679
  Cheng Shin Rubber Industry Co. Ltd.     4,055,222      5,425
1 Eclat Textile Co. Ltd.       401,398      5,369
  Nien Made Enterprise Co. Ltd.       359,000      5,125
  ASMedia Technology Inc.        80,000      5,033
1 Walsin Lihwa Corp.     6,394,736      4,779
  Pou Chen Corp.     4,882,125      4,591
1 Hiwin Technologies Corp.       647,664      4,547
  Foxconn Technology Co. Ltd.     1,998,925      4,298
  Teco Electric & Machinery Co. Ltd.     2,518,000      4,275
1 China Airlines Ltd.     6,169,913      4,228
1 Feng TAY Enterprise Co. Ltd.     1,066,155      4,216
  Taiwan High Speed Rail Corp.     4,458,000      4,063
  AUO Corp.     9,919,600      3,955
  Sino-American Silicon Products Inc.     1,158,000      3,882
* Winbond Electronics Corp.     6,689,220      3,839
1 Formosa Petrochemical Corp.     2,513,580      3,673
*,1 Nanya Technology Corp.     2,374,600      3,496
*,1 Powerchip Semiconductor Manufacturing Corp.     6,849,000      3,412
  Ruentex Development Co. Ltd.     3,333,550      3,328
1 Shihlin Electric & Engineering Corp.       536,000      3,170
1 Tatung Co. Ltd.     2,522,300      3,003
  Parade Technologies Ltd.       157,000      2,988
1 Nan Ya Printed Circuit Board Corp.       462,000      2,706
  Advanced Energy Solution Holding Co. Ltd.        64,000      2,638
1 Genius Electronic Optical Co. Ltd.       178,000      2,563
  Giant Manufacturing Co. Ltd.       668,548      2,561
  Far Eastern International Bank     5,280,076      2,368
  Taiwan Fertilizer Co. Ltd.     1,352,000      2,348
  Capital Securities Corp.     3,469,587      2,346

    Shares Market
Value
($000)
1 Win Semiconductors Corp.       730,000      2,070
  Taiwan Secom Co. Ltd.       514,725      1,949
*,1 HTC Corp.     1,415,570      1,901
* AUO Corp. ADR       392,189      1,733
  Walsin Technology Corp.       607,000      1,708
  Eternal Materials Co. Ltd.     1,801,398      1,669
*,1 Taiwan Glass Industry Corp.     2,091,089      1,663
  momo.com Inc.       171,496      1,615
1 U-Ming Marine Transport Corp.       926,000      1,610
  Ennostar Inc.     1,236,000      1,446
1 Yulon Motor Co. Ltd.     1,217,526      1,328
*,1 Oneness Biotech Co. Ltd.       625,876      1,322
  Transcend Information Inc.       399,455      1,258
  China Motor Corp.       540,642        997
  Formosa Taffeta Co. Ltd.     1,566,000        857
  Formosa Sumco Technology Corp.       123,000        363
  Taiwan Semiconductor Manufacturing Co. Ltd. ADR            11          3
                 3,802,452
Thailand (0.4%)
  Delta Electronics Thailand PCL     6,220,460     27,535
  PTT PCL    26,652,878     27,100
  Advanced Info Service PCL     2,314,696     20,565
  CP ALL PCL    11,702,775     16,909
  Bangkok Dusit Medical Services PCL Class F    22,300,100     14,673
  Kasikornbank PCL     2,964,118     14,657
* Gulf Development PCL     9,159,267     13,168
  PTT Exploration & Production PCL     2,870,161     11,049
  Airports of Thailand PCL     8,058,151     10,070
  SCB X PCL     2,456,844      9,491
  Krung Thai Bank PCL    12,846,362      8,637
  Central Pattana PCL     5,203,582      8,294
  Minor International PCL     8,208,255      6,242
  Bumrungrad Hospital PCL     1,165,405      6,061
  Charoen Pokphand Foods PCL     7,964,228      5,554
* True Corp. PCL    17,488,712      5,549
  TMBThanachart Bank PCL    85,134,996      5,022
  Siam Cement PCL (Registered)       803,394      4,934
  SCB X PCL NVDR     1,230,600      4,754
1 Siam Cement PCL NVDR       693,780      4,261
  Bangkok Bank PCL NVDR       887,600      4,012
1 Kasikornbank PCL NVDR       808,437      3,998
  Central Retail Corp. PCL     5,646,397      3,710
  PTT Global Chemical PCL     4,503,687      3,248
  Digital Telecommunications Infrastructure Fund Class F    11,380,339      2,835
  Indorama Ventures PCL     3,972,615      2,791
  Banpu PCL (Registered)    16,367,208      2,521
  Thai Oil PCL     2,282,302      2,401
1 PTT Oil & Retail Business PCL     5,388,300      2,281
  Home Product Center PCL    10,112,392      2,205
1 CP AXTRA PCL     3,430,484      2,158
  Bangkok Expressway & Metro PCL    12,361,982      2,100
* BTS Group Holdings PCL    19,175,537      2,059
  Thai Union Group PCL Class F     5,464,263      1,851
  Muangthai Capital PCL     1,461,362      1,677
  Osotspa PCL     3,019,491      1,649
  Ratch Group PCL     1,884,492      1,524
  Bangkok Bank PCL (Registered)       333,002      1,505
  Electricity Generating PCL       427,779      1,445
1 Krungthai Card PCL     1,622,321      1,412
  Land & Houses PCL (Registered)    11,646,908      1,357
  Global Power Synergy PCL Class F     1,298,952      1,323
  Thai Life Insurance PCL     4,201,600      1,295
  Srisawad Corp. PCL     2,076,133      1,285
  SCG Packaging PCL     2,160,400      1,231
  Carabao Group PCL Class F       708,777      1,195
  Asset World Corp. PCL    16,444,908      1,053
* True Corp. PCL NVDR     3,259,799      1,034
  Berli Jucker PCL     1,679,682        984
  Bangkok Dusit Medical Services PCL NVDR     1,238,700        815

    Shares Market
Value
($000)
  Land & Houses PCL NVDR     6,394,100        745
  B Grimm Power PCL     1,734,452        617
  Central Pattana PCL NVDR       258,400        412
* Gulf Development PCL NVDR       280,939        404
  Bumrungrad Hospital PCL NVDR        50,700        264
  Krung Thai Bank PCL NVDR       166,000        112
  Siam City Cement PCL         7,300         34
                   286,067
Turkiye (0.3%)
  BIM Birlesik Magazalar A/S       945,265     12,346
  Aselsan Elektronik Sanayi Ve Ticaret A/S     2,564,701     11,796
  Akbank TAS     6,624,006     10,982
1 KOC Holding A/S     2,396,623     10,558
  Turk Hava Yollari AO     1,225,782      8,678
  Turkiye Petrol Rafinerileri A/S     2,004,441      8,328
  Haci Omer Sabanci Holding A/S     3,018,215      7,071
1 Turkiye Is Bankasi A/S Class C    17,780,816      6,473
  Turkcell Iletisim Hizmetleri A/S     2,653,089      6,082
* Yapi ve Kredi Bankasi A/S     7,012,287      5,799
1 Eregli Demir ve Celik Fabrikalari TAS     7,880,528      5,168
1 Turkiye Garanti Bankasi A/S     1,271,540      4,458
  Ford Otomotiv Sanayi A/S     1,515,137      3,546
1 Enka Insaat ve Sanayi A/S     1,888,294      3,224
* Pegasus Hava Tasimaciligi A/S       501,339      3,105
1 Turkiye Sise ve Cam Fabrikalari A/S     2,987,190      2,698
1 Migros Ticaret A/S       191,654      2,472
*,1 TAV Havalimanlari Holding A/S       379,259      2,292
  Coca-Cola Icecek A/S     1,724,290      2,152
1 Emlak Konut Gayrimenkul Yatirim Ortakligi A/S     4,195,845      2,046
  AG Anadolu Grubu Holding A/S       243,904      1,680
*,1 Sasa Polyester Sanayi A/S    20,900,659      1,604
1 Anadolu Efes Biracilik Ve Malt Sanayii A/S     4,164,260      1,552
1 Astor Transformator Enerji Turizm Insaat Ve Petrol Sanayi Ticaret AS       572,561      1,473
1 Tofas Turk Otomobil Fabrikasi A/S       253,769      1,439
*,1 Kardemir Karabuk Demir Celik Sanayi ve Ticaret A/S Class D     2,032,842      1,382
*,1 Arcelik A/S       446,463      1,374
*,1 Turk Telekomunikasyon A/S       995,820      1,335
2 Mavi Giyim Sanayi Ve Ticaret A/S Class B     1,198,592      1,246
* Oyak Cimento Fabrikalari A/S     2,029,468      1,193
  Ziraat Gayrimenkul Yatirim Ortakligi A/S     1,907,506      1,135
* Enerya Enerji A/S     5,259,785      1,109
* Reysas Tasimacilik ve Lojistik Ticaret A/S     2,552,998      1,070
  Is Yatirim Menkul Degerler A/S     1,030,910      1,061
* Ufuk Yatirim Yonetim ve Gayrimenkul A/S        38,064      1,042
*,2 MLP Saglik Hizmetleri A/S       108,938      1,024
* Otokar Otomotiv Ve Savunma Sanayi A/S        74,739      1,016
1 Ulker Biskuvi Sanayi A/S       375,388      1,012
  Cimsa Cimento Sanayi VE Ticaret A/S       770,852        978
*,1 Petkim Petrokimya Holding A/S     2,325,308        978
* Ahlatci Dogal Gaz Dagitim Enerji VE Yatirim A/S     1,332,749        968
  Turkiye Sigorta A/S     3,868,140        942
*,1 Gubre Fabrikalari TAS       152,334        931
*,1 Turkiye Halk Bankasi A/S     1,327,227        916
* Turkiye Sinai Kalkinma Bankasi A/S     2,707,394        916
* Turkiye Vakiflar Bankasi TAO Class D     1,287,253        911
1 Alarko Holding A/S       381,216        880
1 Tekfen Holding A/S       325,110        863
  Anadolu Anonim Turk Sigorta Sirketi       330,687        809
1 Dogus Otomotiv Servis ve Ticaret A/S       178,060        806
*,1 Hektas Ticaret TAS     8,031,627        782
*,1 Turk Altin Isletmeleri A/S     1,391,411        782
* Kiler Holding A/S       499,674        765
2 Enerjisa Enerji A/S       477,411        761
  GEN Ilac VE Saglik Urunleri Sanayi VE Ticaret A/S       166,166        760
  Turk Traktor ve Ziraat Makineleri A/S        51,277        745
  Aksa Akrilik Kimya Sanayii A/S     3,163,258        740
  Nuh Cimento Sanayi A/S       122,088        701
  Borusan Yatirim ve Pazarlama A/S        13,562        697
*,1 Borusan Mannesmann Boru Sanayi ve Ticaret A/S        77,468        687

    Shares Market
Value
($000)
* Koza Anadolu Metal Madencilik Isletmeleri A/S       372,399        682
* Reysas Gayrimenkul Yatirim Ortakligi A/S     1,181,900        667
* Baticim Bati Anadolu Cimento Sanayii A/S     5,875,672        657
  LDR Turizm A/S       114,093        642
* Dogan Sirketler Grubu Holding A/S     1,592,644        623
  Sok Marketler Ticaret A/S       652,625        599
  Selcuk Ecza Deposu Ticaret ve Sanayi A/S       238,009        599
* LYDIA HOLDING A/S       179,762        573
  TAB Gida Sanayi Ve Ticaret A/S Class A       116,068        571
  Aygaz A/S       139,185        560
* Aksa Enerji Uretim A/S       569,764        558
*,1 MIA Teknoloji A/S       614,131        543
  Torunlar Gayrimenkul Yatirim Ortakligi A/S       298,744        536
* Lydia Yesil Enerji Kaynaklari Anonimsirketi         1,504        467
  EGE Endustri VE Ticaret A/S         2,402        465
* Europower Enerji VE Otomasyon Teknolojileri Sanayi Ticaret A/S       568,528        435
* Margun Enerji Uretim Sanayi VE Ticaret A/S       400,095        431
* NET Holding A/S       340,101        430
  Kontrolmatik Enerji Ve Muhendislik A/S       672,639        420
* Can2 Termik A/S     9,043,345        401
  Kocaer Celik Sanayi Ve Ticaret A/S     1,092,561        396
* Investco Holding A/S        44,946        394
* Girsim Elektrik Sanayi Taahut Ve Ticaret A/S       320,197        393
* Is Gayrimenkul Yatirim Ortakligi A/S       848,161        381
* Gulermak Agir Sanayi Insaat ve Taahhut A/S        85,744        338
  Anadolu Hayat Emeklilik A/S       146,236        319
* Vestel Elektronik Sanayi ve Ticaret A/S       338,884        317
  Agesa Hayat ve Emeklilik A/S        73,502        315
* Akfen Yenilenebilir Enerji A/S       705,934        314
  Iskenderun Demir ve Celik A/S       320,527        303
* Kardemir Karabuk Demir Celik Sanayi ve Ticaret A/S Class A       309,375        301
  Escar Turizm Tasimacilik Ticaret A/S       260,554        299
* Kayseri Seker Fabrikasi A/S       571,840        298
* Destek Finans Faktoring A/S        21,999        291
  Akcansa Cimento A/S        81,868        287
* Zorlu Enerji Elektrik Uretim A/S     3,465,007        286
* YEO Teknoloji Enerji VE Endustri A/S       273,172        277
  EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A/S       225,405        275
* Ozak Gayrimenkul Yatirim Ortakligi       826,548        273
* Konya Cimento Sanayii A/S         1,813        261
* Politeknik Metal Sanayi ve Ticaret A/S         1,558        261
* Smart Gunes Enerjisi Teknolojileri ArGE Uretim Sanayi ve Ticaret A/S       321,433        255
  Galata Wind Enerji A/S       355,685        228
* Altinay Savunma Teknolojileri A/S       114,019        218
* Reeder Teknoloji Sanayi VE Ticaret A/S       828,697        209
  Alfa Solar Enerji Sanayi VE Ticaret A/S       175,517        202
* Agrotech Yueksek Teknoloji VE Yatirim A/S       954,453        200
  Celebi Hava Servisi A/S         4,779        198
  Eczacibasi Yatirim Holding Ortakligi A/S        41,251        196
* Kaleseramik Canakkale Kalebodur Seramik Sanayi A/S       225,607        193
  CW Enerji Muhendislik Ticaret VE Sanayi A/S       458,949        189
* Kordsa Teknik Tekstil A/S       112,344        170
  Anadolu Isuzu Otomotiv Sanayi Ve Ticaret A/S Class C       103,234        162
  Vestel Beyaz Esya Sanayi ve Ticaret A/S       624,930        161
  Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi A/S       182,651        161
* Yayla Agro Gida Sanayi VE Nakliyat A/S       595,567        151
  Brisa Bridgestone Sabanci Sanayi ve Ticaret A/S        78,583        150
* Aydem Yenilenebilir Enerji A/S       302,687        136
  Grainturk Tarim A/S         7,862         89
  Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri A/S        47,952         76
                   181,121
United Arab Emirates (0.6%)
  Emaar Properties PJSC    13,456,275     55,726
  First Abu Dhabi Bank PJSC     9,579,681     46,865
3 Emirates Telecommunications Group Co. PJSC     7,548,944     38,918
  Emirates NBD Bank PJSC     3,916,562     28,502
  Abu Dhabi Commercial Bank PJSC     6,323,087     27,980
  Aldar Properties PJSC     8,239,577     21,292
  Abu Dhabi Islamic Bank PJSC     3,145,466     20,653

    Shares Market
Value
($000)
  Dubai Islamic Bank PJSC     6,314,388     17,125
  Dubai Electricity & Water Authority PJSC    19,522,993     14,700
  Alpha Dhabi Holding PJSC     3,428,587     11,605
  ADNOC Drilling Co. PJSC     5,729,990      9,109
  Emaar Development PJSC     1,785,754      7,288
* Modon Holding PSC     6,857,524      7,075
  Salik Co. PJSC     4,030,112      7,014
  Abu Dhabi National Oil Co. for Distribution PJSC     6,271,839      6,332
* Multiply Group PJSC     7,224,063      5,397
  Air Arabia PJSC     4,946,291      5,000
  Borouge plc     6,448,124      4,632
  Pure Health Holding PJSC     4,854,620      3,976
  ADNOC Logistics & Services     3,047,513      3,863
  Agility Global plc    11,910,249      3,822
  Dubai Investments PJSC     4,434,849      3,564
  Americana Restaurants International plc - Foreign Co. (XADS)     5,770,193      3,373
  NMDC Group PJSC       477,258      3,241
  Parkin Co. PJSC     1,595,436      2,676
  Talabat Holding plc     7,411,840      2,536
* Phoenix Group plc     5,689,774      2,407
* Abu Dhabi Ports Co. PJSC     1,870,960      2,119
  Emirates Central Cooling Systems Corp.     4,253,108      2,003
  Lulu Retail Holdings plc     5,474,076      1,827
  Fertiglobe plc     2,493,981      1,762
* Apex Investments Co. PSC     1,586,085      1,675
  Dubai Financial Market PJSC     3,346,444      1,592
* Space42 plc     2,138,833      1,266
* Ghitha Holding PJSC        77,844        536
  Burjeel Holdings plc     1,174,056        462
  Americana Restaurants International plc - Foreign Co.       314,626        182
                   378,095
United Kingdom (9.2%)
  AstraZeneca plc     3,245,530    473,496
  Shell plc (XLON)    12,953,704    465,467
  HSBC Holdings plc    38,201,747    465,411
  Unilever plc (XLON)     5,328,266    309,148
  Rolls-Royce Holdings plc    18,365,923    260,667
  British American Tobacco plc     4,189,602    224,468
  BP plc    34,509,098    184,978
  GSK plc     8,757,349    161,083
  BAE Systems plc     6,508,904    155,306
  Barclays plc    30,885,071    150,967
  National Grid plc    10,578,650    148,652
  Lloyds Banking Group plc   130,280,805    133,596
  London Stock Exchange Group plc     1,094,010    133,354
  Rio Tinto plc     2,237,022    133,236
  RELX plc     2,489,960    129,381
  Compass Group plc     3,671,212    129,004
  NatWest Group plc    16,967,560    117,782
  Diageo plc     4,815,413    116,714
  3i Group plc     2,039,762    111,457
  Reckitt Benckiser Group plc     1,474,864    110,535
  Experian plc     1,988,788    104,791
* Glencore plc    23,191,054     93,073
  Haleon plc    19,523,581     91,579
  Tesco plc    14,181,068     79,675
  RELX plc (XLON)     1,494,869     77,631
  Standard Chartered plc     4,107,066     73,627
  Prudential plc (XLON)     5,639,968     71,550
  Imperial Brands plc     1,675,225     65,299
  Anglo American plc     2,304,641     64,848
  Ashtead Group plc       928,937     62,064
  SSE plc     2,394,383     58,692
  Aviva plc     6,577,657     56,200
  Smurfit WestRock plc     1,127,040     50,625
  Vodafone Group plc    42,103,976     45,649
  Coca-Cola Europacific Partners plc       464,168     45,551
  Legal & General Group plc    12,511,518     42,327
  Next plc       249,338     40,473

    Shares Market
Value
($000)
  InterContinental Hotels Group plc       317,427     36,517
  Halma plc       811,213     34,711
  Sage Group plc     2,109,431     33,870
  BT Group plc    12,219,588     33,372
  Informa plc     2,843,511     32,516
  Smith & Nephew plc     1,898,488     29,014
  Rentokil Initial plc     5,436,115     27,118
  Segro plc     2,918,124     24,870
  Admiral Group plc       542,447     24,452
  International Consolidated Airlines Group SA     4,876,166     24,364
  Centrica plc    10,828,319     23,538
* Coca-Cola HBC AG       432,779     22,492
  Smiths Group plc       723,622     22,415
  Intertek Group plc       344,567     22,404
  United Utilities Group plc     1,477,111     22,050
2 Auto Trader Group plc     1,891,776     20,885
  Bunzl plc       699,192     20,750
  Diploma plc       288,608     20,431
  Marks & Spencer Group plc     4,423,222     20,314
* Wise plc Class A     1,508,693     20,155
  Pearson plc     1,422,906     20,121
  Severn Trent plc       573,127     20,098
  Weir Group plc       561,807     19,737
  St. James's Place plc     1,123,843     19,342
  Melrose Industries plc (XLON)     2,735,981     18,472
  Associated British Foods plc       636,675     18,435
  Rightmove plc     1,689,160     18,229
  Antofagasta plc       737,649     18,192
  M&G plc     5,085,379     17,503
  Entain plc     1,295,341     17,395
  Intermediate Capital Group plc       590,034     16,894
  Beazley plc     1,334,907     15,729
  IMI plc       537,881     15,714
  Whitbread plc       382,812     15,378
  J Sainsbury plc     3,746,076     14,979
  Barratt Redrow plc     2,950,043     14,527
  Phoenix Group Holdings plc     1,617,170     14,142
  Kingfisher plc     3,845,952     13,675
  Howden Joinery Group plc     1,179,587     13,656
  DCC plc       214,827     13,455
  Spirax Group plc       157,931     13,198
* Burberry Group plc       770,032     13,062
  WPP plc     2,343,219     12,687
  Mondi plc       938,348     12,685
  Hiscox Ltd.       725,934     12,359
  Land Securities Group plc     1,603,906     12,198
  Endeavour Mining plc       376,294     11,415
2 ConvaTec Group plc     3,578,666     11,026
  Croda International plc       300,172     10,331
  Taylor Wimpey plc     7,594,322     10,218
  Persimmon plc       675,883     10,191
  Berkeley Group Holdings plc       203,588      9,791
  British Land Co. plc     2,094,528      9,626
  UNITE Group plc       895,816      8,832
  Hikma Pharmaceuticals plc       329,833      8,525
  Schroders plc     1,590,046      8,173
  RS Group plc     1,016,814      7,483
  Fresnillo plc       402,647      7,424
  B&M European Value Retail SA     2,075,990      6,136
  JD Sports Fashion plc     5,397,135      6,058
2 Airtel Africa plc     1,192,510      3,210
  Canal & SA France (XLON)         3,474         11
*,3 Evraz plc     1,117,658         —
*,3 NMC Health plc       140,418         —
                 6,294,906
Total Common Stocks (Cost $46,226,562) 67,151,108
Preferred Stocks (0.5%)
  Samsung Electronics Co. Ltd. Preference Shares     1,759,887     72,462

    Shares Market
Value
($000)
  Volkswagen AG Preference Shares       445,931     46,629
  Petroleo Brasileiro SA - Petrobras Preference Shares     7,004,902     40,832
  Itau Unibanco Holding SA Preference Shares     5,260,470     33,031
  Henkel AG & Co. KGaA Preference Shares       350,944     27,043
  Itausa SA Preference Shares    12,305,547     22,745
  Banco Bradesco SA Preference Shares     5,244,825     14,546
  Bayerische Motoren Werke AG Preference Shares       119,339     10,433
  Hyundai Motor Co. Preference Shares (XKRX)        73,777      8,731
* Sociedad Quimica y Minera de Chile SA Preference Shares Class B       186,410      6,856
  FUCHS SE Preference Shares       139,935      6,403
* Grifols SA Preference Shares Class B (XMAD)       586,441      6,281
  Hyundai Motor Co. Preference Shares        48,669      5,634
  Gerdau SA Preference Shares     1,771,534      5,328
* Telecom Italia SpA Preference Shares     9,720,027      5,006
  Cia Energetica de Minas Gerais Preference Shares     2,515,546      4,641
  Centrais Eletricas Brasileiras SA Preference Shares Class B       495,091      3,616
  Cia Paranaense de Energia - Copel Preference Shares Class B     1,600,508      3,390
  Embotelladora Andina SA Preference Shares Class B       842,967      3,235
  Isa Energia Brasil SA Preference Shares       592,647      2,293
  Metalurgica Gerdau SA Preference Shares     1,336,700      2,237
  LG Chem Ltd. Preference Shares        18,011      1,956
  Grupo De Inversiones Suramericana SA Preference Shares       214,010      1,931
  Samsung Fire & Marine Insurance Co. Ltd. (XKRX) Preference Shares         6,562      1,566
  Bradespar SA Preference Shares       512,090      1,439
  Hanwha Corp. Preference Shares        41,456      1,241
  LG Electronics Inc. Preference Shares        36,649      1,018
* Usinas Siderurgicas de Minas Gerais SA Usiminas Preference Shares Class A       903,800        707
  Amorepacific Corp. (XKRX) Preference Shares        20,385        649
  LG H&H Co. Ltd. Preference Shares         5,647        519
* Braskem SA Preference Shares Class A       308,800        481
  Grupo Argos SA Preferred Shares       154,813        433
  CJ CheilJedang Corp. Preference Shares         2,655        278
  Samsung SDI Co. Ltd. Preference Shares         2,931        271
  Grupo Cibest SA Preference Shares        16,040        175
  Mirae Asset Securities Co. Ltd. (XKRX) Preference Shares           267          2
*,3 Transneft PJSC Preference Shares       292,300         —
*,3 Tatneft PJSC Preference Shares       191,100         —
*,3 Bashneft PJSC Preference Shares        37,751         —
*,3 Surgutneftegas PAO Preference Shares    14,258,400         —
* Taishin Financial Holding Co. Ltd. Preferred shares             1         —
Total Preferred Stocks (Cost $358,538) 344,038
Warrants (0.0%)
* YTL Corp. Bhd. Exp. 6/2/2028     1,920,024        446
* YTL Power International Bhd. Exp. 6/2/2028       534,430        207
*,3 Constellation Software Inc. Exp. 3/31/2040        38,387           
Total Warrants (Cost $—) 653
Temporary Cash Investments (1.5%)
Money Market Fund (1.5%)
4,5 Vanguard Market Liquidity Fund, 4.367% (Cost $989,603)     9,897,261           989,627
Total Investments (100.6%) (Cost $47,574,703) 68,485,426
Other Assets and Liabilities—Net (-0.6%) (378,028)
Net Assets (100%) 68,107,398
Cost is in $000.
* Non-income-producing security.
1 Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $429,160.
2 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At July 31, 2025, the aggregate value was $1,877,804, representing 2.8% of net assets.
3 Security value determined using significant unobservable inputs.
4 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
5 Collateral of $473,267 was received for securities on loan, of which $473,234 is held in Vanguard Market Liquidity Fund and $33 is held in cash.
  ADR—American Depositary Receipt.
  GDR—Global Depositary Receipt.
  NVDR—Non-Voting Depository Receipt.
  REIT—Real Estate Investment Trust.


Derivative Financial Instruments Outstanding as of Period End

Futures Contracts
      ($000)
  Expiration Number of
Long (Short)
Contracts
Notional
Amount
Value and
Unrealized
Appreciation
(Depreciation)
Long Futures Contracts        
MSCI EAFE Index September 2025 3,022 394,885 (5,733)
MSCI Emerging Markets Index September 2025 3,332 206,301 4,109
S&P TSX 60 Index September 2025 201 47,038 1,051
        (573)
    
Forward Currency Contracts
Counterparty Contract
Settlement
Date
Contract Amount (000) Unrealized
Appreciation
($000)
Unrealized
Depreciation
($000)
  Receive   Deliver
Bank of America, N.A. 9/17/2025 CAD 54,585 USD 40,080 (592)
UBS AG 9/17/2025 CHF 13,509 USD 17,220 (487)
Citibank, N.A. 9/17/2025 EUR 55,949 USD 64,736 (679)
Barclays Bank plc 9/17/2025 EUR 26,749 USD 31,712 (1,086)
Royal Bank of Canada 9/17/2025 EUR 19,422 USD 22,475 (238)
Bank of Montreal 9/17/2025 GBP 26,199 USD 35,731 (1,114)
State Street Bank & Trust Co. 9/17/2025 GBP 14,031 USD 18,647 (108)
State Street Bank & Trust Co. 9/17/2025 HKD 286,812 USD 36,689 6
Citibank, N.A. 9/17/2025 INR 6,575,492 USD 76,438 (1,498)
JPMorgan Chase Bank, N.A. 9/17/2025 INR 4,097,511 USD 47,541 (842)
Bank of America, N.A. 9/17/2025 INR 3,647,781 USD 42,472 (900)
Toronto-Dominion Bank 9/17/2025 INR 1,359,311 USD 15,823 (332)
BNP Paribas 9/17/2025 INR 940,828 USD 10,878 (155)
Toronto-Dominion Bank 9/17/2025 JPY 6,520,544 USD 45,263 (1,786)
Royal Bank of Canada 9/17/2025 JPY 4,918,721 USD 33,820 (1,023)
Standard Chartered Bank 9/17/2025 USD 12,791 AUD 19,562 208
State Street Bank & Trust Co. 9/17/2025 USD 17,201 BRL 97,423 16
UBS AG 9/17/2025 USD 127,374 CHF 102,598 290
JPMorgan Chase Bank, N.A. 9/17/2025 USD 9,471 DKK 61,376 52
JPMorgan Chase Bank, N.A. 9/17/2025 USD 134,610 EUR 117,011 643
State Street Bank & Trust Co. 9/17/2025 USD 25,464 EUR 22,049 219
State Street Bank & Trust Co. 9/17/2025 USD 60,630 GBP 44,865 1,350
Bank of America, N.A. 9/17/2025 USD 32,688 HKD 254,686 104
BNP Paribas 9/17/2025 USD 17,393 HKD 135,474 61
JPMorgan Chase Bank, N.A. 9/17/2025 USD 108,993 JPY 15,627,934 4,791
BNP Paribas 9/17/2025 USD 20,407 KRW 27,437,714 686
State Street Bank & Trust Co. 9/17/2025 USD 11,298 NOK 114,187 250
UBS AG 9/17/2025 USD 23,757 SEK 226,514 545

Forward Currency Contracts (continued)
Counterparty Contract
Settlement
Date
Contract Amount (000) Unrealized
Appreciation
($000)
Unrealized
Depreciation
($000)
  Receive   Deliver
BNP Paribas 9/17/2025 USD 1,181 TWD 34,587 20
BNP Paribas 9/17/2025 USD 7,691 ZAR 137,188 186
            9,427 (10,840)
AUD—Australian dollar.
BRL—Brazilian real.
CAD—Canadian dollar.
CHF—Swiss franc.
DKK—Danish krone.
EUR—euro.
GBP—British pound.
HKD—Hong Kong dollar.
INR—Indian rupee.
JPY—Japanese yen.
KRW—Korean won.
NOK—Norwegian krone.
SEK—Swedish krona.
TWD—Taiwanese dollar.
USD—U.S. dollar.
ZAR—South African rand.
At July 31, 2025, the counterparties had deposited in segregated accounts securities with a value of $3,489 in connection with open forward currency contracts.
A. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the valuation designee to represent fair value and subject to oversight by the board of trustees. These procedures include obtaining quotations from an independent pricing service, monitoring news to identify significant market- or security-specific events, and evaluating changes in the values of foreign market proxies (for example, ADRs, futures contracts, or exchange-traded funds), between the time the foreign markets close and the fund’s pricing time. When fair-value pricing is employed, the prices of securities used by a fund to calculate its net asset value may differ from quoted or published prices for the same securities. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value.
B. Foreign Currency: Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using exchange rates obtained from an independent third party as of the fund’s pricing time on the valuation date. Realized gains (losses) and unrealized appreciation (depreciation) on investment securities include the effects of changes in exchange rates since the securities were purchased, combined with the effects of changes in security prices. Fluctuations in the value of other assets and liabilities resulting from changes in exchange rates are recorded as unrealized foreign currency gains (losses) until the assets or liabilities are settled in cash, at which time they are recorded as realized foreign currency gains (losses).
C. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).
D. Forward Currency Contracts: The fund enters into forward currency contracts to protect the value of securities and related receivables and payables against changes in future foreign exchange rates. Risks associated with these types of forward currency contracts include movement in the values of the foreign currencies relative to the U.S. dollar and the ability of the counterparties to fulfill their obligations under the contracts. The fund mitigates its counterparty risk by entering into forward currency contracts only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. The master netting arrangements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate the forward currency contracts, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The forward currency contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability

position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the forward currency contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
Forward currency contracts are valued at their quoted daily prices obtained from an independent third party, adjusted for currency risk based on the expiration date of each contract. Fluctuations in the value of the contracts are recorded as an asset (liability).
E. Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
The following table summarizes the market value of the fund’s investments and derivatives as of July 31, 2025, based on the inputs used to value them:
  Level 1
($000)
Level 2
($000)
Level 3
($000)
Total
($000)
Investments        
Assets        
Common Stocks 6,197,446 60,913,700 39,962 67,151,108
Preferred Stocks 147,916 196,122 344,038
Warrants 653 653
Temporary Cash Investments 989,627 989,627
Total 7,334,989 61,110,475 39,962 68,485,426
Derivative Financial Instruments        
Assets        
Futures Contracts1 5,160 5,160
Forward Currency Contracts 9,427 9,427
Total 5,160 9,427 14,587
Liabilities        
Futures Contracts1 (5,733) (5,733)
Forward Currency Contracts (10,840) (10,840)
Total (5,733) (10,840) (16,573)
1 Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments.