|
|
Shares
|
Value ($)
|
|
|||
Common Stocks 99.7%
|
|
||
Communication Services 7.6%
|
|
||
Entertainment 1.0%
|
|
||
Spotify Technology SA*
|
|
222,547
|
41,818,807
|
Interactive Media & Services 5.5%
|
|
||
Alphabet, Inc. "A"*
|
|
157,914
|
22,059,007
|
Alphabet, Inc. "C"*
|
|
909,968
|
128,241,790
|
Meta Platforms, Inc. "A"*
|
|
220,277
|
77,969,247
|
|
|
|
228,270,044
|
Wireless Telecommunication Services 1.1%
|
|
||
T-Mobile U.S., Inc.
|
|
282,408
|
45,278,474
|
Consumer Discretionary 12.5%
|
|
||
Automobiles 0.8%
|
|
||
Tesla, Inc.*
|
|
57,668
|
14,329,345
|
Thor Industries, Inc.
|
|
164,570
|
19,460,402
|
|
|
|
33,789,747
|
Broadline Retail 4.0%
|
|
||
Amazon.com, Inc.*
|
|
770,276
|
117,035,735
|
Macy's, Inc.
|
|
2,453,440
|
49,363,213
|
|
|
|
166,398,948
|
Distributors 0.3%
|
|
||
Genuine Parts Co.
|
|
98,610
|
13,657,485
|
Diversified Consumer Services 0.3%
|
|
||
ADT, Inc.
|
|
1,896,402
|
12,933,462
|
Hotels, Restaurants & Leisure 2.5%
|
|
||
DraftKings, Inc. "A"*
|
|
1,004,825
|
35,420,081
|
Hilton Worldwide Holdings, Inc.
|
|
202,876
|
36,941,691
|
Hyatt Hotels Corp. "A"
|
|
221,133
|
28,837,955
|
|
|
|
101,199,727
|
Household Durables 1.0%
|
|
||
PulteGroup, Inc.
|
|
174,674
|
18,029,850
|
Whirlpool Corp.
|
|
195,399
|
23,793,736
|
|
|
|
41,823,586
|
Leisure Products 0.9%
|
|
||
Brunswick Corp.
|
|
226,608
|
21,924,324
|
Hasbro, Inc.
|
|
298,753
|
15,254,328
|
|
|
|
37,178,652
|
Specialty Retail 0.5%
|
|
||
Bath & Body Works, Inc.
|
|
449,402
|
19,396,190
|
Textiles, Apparel & Luxury Goods 2.2%
|
|
||
Deckers Outdoor Corp.*
|
|
44,915
|
30,022,534
|
Lululemon Athletica, Inc.*
|
|
35,720
|
18,263,279
|
PVH Corp.
|
|
350,862
|
42,847,267
|
|
|
|
91,133,080
|
Consumer Staples 6.1%
|
|
||
Beverages 2.6%
|
|
||
Coca-Cola Co.
|
|
700,490
|
41,279,876
|
Constellation Brands, Inc. "A"
|
|
193,510
|
46,781,042
|
Molson Coors Beverage Co. "B"
|
|
307,632
|
18,830,155
|
|
|
|
106,891,073
|
Consumer Staples Distribution & Retail 0.8%
|
|
||
Walmart, Inc.
|
|
212,484
|
33,498,103
|
Household Products 1.1%
|
|
||
Church & Dwight Co., Inc.
|
|
478,235
|
45,221,902
|
Personal Care Products 1.2%
|
|
||
Coty, Inc. "A"*
|
|
3,921,417
|
48,703,999
|
Tobacco 0.4%
|
|
||
Philip Morris International, Inc.
|
|
203,978
|
19,190,250
|
Energy 3.8%
|
|
||
Energy Equipment & Services 0.9%
|
|
||
Schlumberger NV
|
|
691,176
|
35,968,799
|
Oil, Gas & Consumable Fuels 2.9%
|
|
||
Cheniere Energy, Inc.
|
|
270,706
|
46,212,221
|
HF Sinclair Corp.
|
|
1,349,020
|
74,965,042
|
|
|
|
121,177,263
|
Financials 12.2%
|
|
||
Banks 4.4%
|
|
||
Bank of America Corp.
|
|
760,461
|
25,604,722
|
JPMorgan Chase & Co.
|
|
666,144
|
113,311,094
|
Wells Fargo & Co.
|
|
899,590
|
44,277,820
|
|
|
|
183,193,636
|
Capital Markets 2.9%
|
|
||
Ameriprise Financial, Inc.
|
|
130,527
|
49,578,071
|
LPL Financial Holdings, Inc.
|
|
126,065
|
28,694,915
|
MSCI, Inc.
|
|
40,126
|
22,697,272
|
S&P Global, Inc.
|
|
43,935
|
19,354,246
|
|
|
|
120,324,504
|
Financial Services 3.3%
|
|
||
Apollo Global Management, Inc.
|
|
293,407
|
27,342,598
|
Mastercard, Inc. "A"
|
|
41,035
|
17,501,838
|
Visa, Inc. "A"
|
|
342,566
|
89,187,058
|
|
|
|
134,031,494
|
Insurance 1.6%
|
|
||
Aflac, Inc.
|
|
223,029
|
18,399,892
|
Cincinnati Financial Corp.
|
|
180,924
|
18,718,397
|
Marsh & McLennan Companies, Inc.
|
|
156,265
|
29,607,530
|
|
|
|
66,725,819
|
Health Care 12.1%
|
|
||
Biotechnology 2.8%
|
|
||
AbbVie, Inc.
|
|
346,249
|
53,658,208
|
Amgen, Inc.
|
|
210,626
|
60,664,500
|
|
|
|
114,322,708
|
Health Care Equipment & Supplies 2.2%
|
|
||
Becton Dickinson & Co.
|
|
132,412
|
32,286,018
|
Medtronic PLC
|
|
232,641
|
19,164,966
|
Stryker Corp.
|
|
70,325
|
21,059,524
|
Zimmer Biomet Holdings, Inc.
|
|
137,440
|
16,726,448
|
|
|
|
89,236,956
|
Health Care Providers & Services 4.2%
|
|
||
Centene Corp.*
|
|
690,009
|
51,205,568
|
Cigna Group
|
|
118,696
|
35,543,517
|
CVS Health Corp.
|
|
196,656
|
15,527,958
|
Elevance Health, Inc.
|
|
115,423
|
54,428,870
|
HCA Healthcare, Inc.
|
|
61,715
|
16,705,016
|
|
|
|
173,410,929
|
Life Sciences Tools & Services 0.3%
|
|
||
Danaher Corp.
|
|
62,054
|
14,355,572
|
Pharmaceuticals 2.6%
|
|
||
Bristol-Myers Squibb Co.
|
|
627,753
|
32,210,007
|
Johnson & Johnson
|
|
258,337
|
40,491,741
|
Merck & Co., Inc.
|
|
157,839
|
17,207,608
|
Viatris, Inc.
|
|
1,793,898
|
19,427,915
|
|
|
|
109,337,271
|
Industrials 10.6%
|
|
||
Aerospace & Defense 3.1%
|
|
||
Curtiss-Wright Corp.
|
|
92,316
|
20,567,082
|
Lockheed Martin Corp.
|
|
148,337
|
67,232,262
|
Textron, Inc.
|
|
224,600
|
18,062,332
|
TransDigm Group, Inc.
|
|
20,691
|
20,931,015
|
|
|
|
126,792,691
|
Building Products 1.4%
|
|
||
Owens Corning
|
|
405,752
|
60,144,619
|
Commercial Services & Supplies 1.8%
|
|
||
Veralto Corp.
|
|
132,073
|
10,864,325
|
Waste Management, Inc.
|
|
354,292
|
63,453,697
|
|
|
|
74,318,022
|
Electrical Equipment 0.9%
|
|
||
Emerson Electric Co.
|
|
175,621
|
17,093,192
|
Sunrun, Inc.*
|
|
930,917
|
18,273,901
|
|
|
|
35,367,093
|
Machinery 2.5%
|
|
||
Caterpillar, Inc.
|
|
249,972
|
73,909,221
|
PACCAR, Inc.
|
|
319,833
|
31,231,693
|
|
|
|
105,140,914
|
Professional Services 0.9%
|
|
||
Automatic Data Processing, Inc.
|
|
86,094
|
20,057,319
|
Verisk Analytics, Inc.
|
|
69,214
|
16,532,456
|
|
|
|
36,589,775
|
Information Technology 27.4%
|
|
||
Communications Equipment 0.6%
|
|
||
Cisco Systems, Inc.
|
|
433,348
|
21,892,741
|
IT Services 0.5%
|
|
||
Accenture PLC "A"
|
|
59,072
|
20,728,956
|
Semiconductors & Semiconductor Equipment 6.7%
|
|
||
Advanced Micro Devices, Inc.*
|
|
322,914
|
47,600,753
|
Intel Corp.
|
|
857,150
|
43,071,787
|
Lam Research Corp.
|
|
50,005
|
39,166,916
|
NVIDIA Corp.
|
|
164,157
|
81,293,830
|
QUALCOMM, Inc.
|
|
443,519
|
64,146,153
|
|
|
|
275,279,439
|
Software 11.3%
|
|
||
Adobe, Inc.*
|
|
44,276
|
26,415,062
|
Microsoft Corp.
|
|
911,155
|
342,630,726
|
Oracle Corp.
|
|
748,113
|
78,873,554
|
Synopsys, Inc.*
|
|
38,716
|
19,935,255
|
|
|
|
467,854,597
|
Technology Hardware, Storage & Peripherals 8.3%
|
|
||
Apple, Inc.
|
|
1,785,981
|
343,854,922
|
Materials 2.6%
|
|
||
Chemicals 1.3%
|
|
||
Corteva, Inc.
|
|
373,789
|
17,911,969
|
DuPont de Nemours, Inc.
|
|
161,244
|
12,404,501
|
Linde PLC
|
|
58,609
|
24,071,302
|
|
|
|
54,387,772
|
Containers & Packaging 0.4%
|
|
||
AptarGroup, Inc.
|
|
141,777
|
17,526,473
|
Metals & Mining 0.9%
|
|
||
Nucor Corp.
|
|
121,185
|
21,091,037
|
United States Steel Corp.
|
|
276,280
|
13,441,022
|
|
|
|
34,532,059
|
Real Estate 2.7%
|
|
||
Health Care REITs 0.2%
|
|
||
Medical Properties Trust, Inc. (a)
|
|
1,981,875
|
9,731,006
|
Industrial REITs 1.1%
|
|
||
Prologis, Inc.
|
|
324,690
|
43,281,177
|
Residential REITs 0.9%
|
|
||
AvalonBay Communities, Inc.
|
|
187,291
|
35,064,621
|
Specialized REITs 0.5%
|
|
||
Iron Mountain, Inc.
|
|
304,055
|
21,277,769
|
Utilities 2.1%
|
|
||
Electric Utilities 0.8%
|
|
||
FirstEnergy Corp.
|
|
386,821
|
14,180,858
|
NRG Energy, Inc.
|
|
385,569
|
19,933,917
|
|
|
|
34,114,775
|
Multi-Utilities 0.5%
|
|
||
WEC Energy Group, Inc.
|
|
224,420
|
18,889,432
|
Water Utilities 0.8%
|
|
||
American Water Works Co., Inc.
|
|
237,867
|
31,396,065
|
Total Common Stocks (Cost $2,554,814,351)
|
4,116,633,398
|
||
|
|||
Securities Lending Collateral 0.2%
|
|||
DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional
Shares", 5.27% (b) (c) (Cost $9,769,200)
|
|
9,769,200
|
9,769,200
|
|
|||
Cash Equivalents 0.4%
|
|||
DWS Central Cash Management Government Fund, 5.38% (b) (Cost $16,014,514)
|
|
16,014,514
|
16,014,514
|
|
|||
|
|
% of
Net Assets
|
Value ($)
|
Total Investment Portfolio (Cost $2,580,598,065)
|
|
100.3
|
4,142,417,112
|
Other Assets and Liabilities, Net
|
|
(0.3
)
|
(11,657,477
)
|
Net Assets
|
|
100.0
|
4,130,759,635
|
Value ($) at
9/30/2023
|
Purchases
Cost ($)
|
Sales
Proceeds ($)
|
Net Realized
Gain/
(Loss) ($)
|
Net Change in
Unrealized
Appreciation
(Depreciation) ($)
|
Income ($)
|
Capital Gain
Distributions ($)
|
Number
of Shares
at
12/31/2023
|
Value ($) at
12/31/2023
|
Securities Lending Collateral 0.2%
|
||||||||
DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares",
5.27% (b) (c)
|
||||||||
10,955,450
|
—
|
1,186,250 (d)
|
—
|
—
|
4,917
|
—
|
9,769,200
|
9,769,200
|
Cash Equivalents 0.4%
|
||||||||
DWS Central Cash Management Government Fund, 5.38% (b)
|
||||||||
31,212,263
|
62,540,649
|
77,738,398
|
—
|
—
|
316,341
|
—
|
16,014,514
|
16,014,514
|
42,167,713
|
62,540,649
|
78,924,648
|
—
|
—
|
321,258
|
—
|
25,783,714
|
25,783,714
|
*
|
Non-income producing security.
|
(a)
|
All or a portion of these securities were on loan. In addition, "Other Assets and Liabilities, Net" may include pending sales
that
are also on loan. The value of securities loaned at December 31, 2023 amounted to $9,136,528, which is 0.2% of net assets.
|
(b)
|
Affiliated fund managed by DWS Investment Management Americas, Inc. The rate shown is the annualized seven-day yield at
period end.
|
(c)
|
Represents cash collateral held in connection with securities lending. Income earned by the Fund is net of borrower rebates.
|
(d)
|
Represents the net increase (purchase cost) or decrease (sales proceeds) in the amount invested in cash collateral for the
period
ended December 31, 2023.
|
REIT: Real Estate Investment Trust
|
S&P: Standard & Poor's
|
Assets
|
Level 1
|
Level 2
|
Level 3
|
Total
|
Common Stocks (a)
|
$4,116,633,398
|
$—
|
$—
|
$4,116,633,398
|
Short-Term Investments (a)
|
25,783,714
|
—
|
—
|
25,783,714
|
Total
|
$4,142,417,112
|
$—
|
$—
|
$4,142,417,112
|
(a)
|
See Investment Portfolio for additional detailed categorizations.
|