Quarterly Report
September 30, 2022
SPDR® Series Trust
Equity Funds
Fixed Income Funds
The information contained in this report is intended for the general information of shareholders of the Trust. This report is not authorized for distribution to prospective investors unless preceded or accompanied by a current Trust prospectus which contains important information concerning the Trust. You may obtain a current prospectus and SAI from the Distributor by calling 1-866-787-2257 or visiting https://www.ssga.com/spdrs. Please read the prospectus carefully before you invest.


TABLE OF CONTENTS (Unaudited)
Schedules of Investments (Unaudited)  

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The information contained in this report is intended for the general information of shareholders of the Trust. This report is not authorized for distribution to prospective investors unless preceded or accompanied by a current Trust prospectus which contains important information concerning the Trust. You may obtain a current prospectus and SAI from the Distributor by calling 1-866-787-2257 or visiting https://www.ssga.com/spdrs. Please read the prospectus carefully before you invest.

Table of Contents

Table of Contents
SPDR DOW JONES REIT ETF
SCHEDULE OF INVESTMENTS
September 30, 2022 (Unaudited)

Security Description     Shares   Value
COMMON STOCKS — 98.8%   
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITs) — 98.8%  
Acadia Realty Trust REIT

  162,196   $2,046,914
Agree Realty Corp. REIT

  136,340   9,213,857
Alexandria Real Estate Equities, Inc. REIT

  253,650   35,559,193
American Assets Trust, Inc. REIT

  88,890   2,286,251
American Homes 4 Rent Class A REIT

  516,814   16,956,667
Americold Realty Trust, Inc. REIT

  460,095   11,318,337
Apartment Income REIT Corp.

  263,346   10,170,423
Apartment Investment & Management Co. Class A REIT

  259,893   1,897,219
Apple Hospitality REIT, Inc.

  363,602   5,112,244
Ashford Hospitality Trust, Inc. REIT (a) (b)

  59,286   403,738
AvalonBay Communities, Inc. REIT

  238,825   43,989,177
Boston Properties, Inc. REIT

  243,676   18,268,390
Brandywine Realty Trust REIT

  293,042   1,978,033
Brixmor Property Group, Inc. REIT

  511,885   9,454,516
Broadstone Net Lease, Inc. REIT

  295,689   4,592,050
Camden Property Trust REIT

  181,975   21,736,914
CareTrust REIT, Inc.

  165,753   3,001,787
Centerspace REIT

  26,310   1,771,189
Chatham Lodging Trust REIT (a) (b)

  83,902   828,113
City Office REIT, Inc.

  71,499   712,845
Community Healthcare Trust, Inc. REIT

  39,836   1,304,629
Corporate Office Properties Trust REIT

  192,000   4,460,160
Cousins Properties, Inc. REIT

  258,656   6,039,618
CubeSmart REIT

  383,446   15,360,847
DiamondRock Hospitality Co. REIT

  360,264   2,705,583
Digital Realty Trust, Inc. REIT

  490,947   48,692,123
Diversified Healthcare Trust REIT

  411,031   406,962
Douglas Emmett, Inc. REIT

  300,283   5,384,074
Duke Realty Corp. REIT

  657,622   31,697,380
Easterly Government Properties, Inc. REIT (b)

  155,105   2,446,006
EastGroup Properties, Inc. REIT

  74,446   10,745,536
Empire State Realty Trust, Inc. Class A REIT

  227,768   1,494,158
EPR Properties REIT

  128,113   4,594,132
Equinix, Inc. REIT

  155,516   88,463,721
Equity Commonwealth REIT

  190,016   4,628,790
Equity LifeStyle Properties, Inc. REIT

  298,817   18,777,660
Security Description     Shares   Value
Equity Residential REIT

  578,246   $38,869,696
Essential Properties Realty Trust, Inc. REIT

  241,210   4,691,534
Essex Property Trust, Inc. REIT

  111,276   26,954,385
Extra Space Storage, Inc. REIT

  228,746   39,506,722
Federal Realty Investment Trust REIT

  124,349   11,206,332
First Industrial Realty Trust, Inc. REIT

  225,633   10,110,615
Four Corners Property Trust, Inc. REIT

  139,136   3,365,700
Franklin Street Properties Corp. REIT (b)

  157,835   415,106
Getty Realty Corp. REIT

  72,677   1,954,285
Global Medical REIT, Inc.

  105,832   901,689
Global Net Lease, Inc. REIT

  177,108   1,886,200
Healthcare Realty Trust, Inc. REIT

  650,087   13,554,314
Healthpeak Properties, Inc. REIT

  921,726   21,125,960
Hersha Hospitality Trust Class A REIT

  56,232   448,731
Highwoods Properties, Inc. REIT

  179,696   4,844,604
Host Hotels & Resorts, Inc. REIT

  1,221,118   19,391,354
Hudson Pacific Properties, Inc. REIT (b)

  244,813   2,680,702
Independence Realty Trust, Inc. REIT

  378,941   6,339,683
Industrial Logistics Properties Trust REIT

  112,443   618,437
Innovative Industrial Properties, Inc. REIT

  47,820   4,232,070
Invitation Homes, Inc. REIT

  990,498   33,449,117
JBG SMITH Properties REIT (b)

  169,978   3,158,191
Kilroy Realty Corp. REIT

  179,675   7,566,114
Kimco Realty Corp. REIT

  1,056,491   19,449,999
Kite Realty Group Trust REIT

  374,287   6,445,222
Life Storage, Inc. REIT

  144,141   15,965,057
LTC Properties, Inc. REIT

  69,215   2,592,102
LXP Industrial Trust REIT

  478,153   4,379,881
Macerich Co. REIT

  366,909   2,913,257
Medical Properties Trust, Inc. REIT (b)

  1,023,175   12,134,855
Mid-America Apartment Communities, Inc. REIT

  197,179   30,576,548
National Health Investors, Inc. REIT

  76,269   4,311,487
National Retail Properties, Inc. REIT

  302,512   12,058,128
National Storage Affiliates Trust REIT

  145,818   6,063,112
Necessity Retail REIT, Inc. (b)

  227,627   1,338,447
NETSTREIT Corp.

  86,028   1,532,159
NexPoint Residential Trust, Inc. REIT

  38,999   1,802,144
 
See accompanying notes to Schedule of Investments.
2

Table of Contents
SPDR DOW JONES REIT ETF
SCHEDULE OF INVESTMENTS  (continued)
September 30, 2022 (Unaudited)

Security Description     Shares   Value
Office Properties Income Trust REIT

  82,794   $1,163,256
Omega Healthcare Investors, Inc. REIT

  399,888   11,792,697
Orion Office REIT, Inc.

  97,302   851,393
Paramount Group, Inc. REIT

  288,735   1,798,819
Park Hotels & Resorts, Inc. REIT

  384,104   4,325,011
Pebblebrook Hotel Trust REIT

  224,564   3,258,424
Piedmont Office Realty Trust, Inc. Class A REIT

  210,760   2,225,626
Plymouth Industrial REIT, Inc.

  61,652   1,036,370
Prologis, Inc. REIT

  1,264,699   128,493,418
Public Storage REIT

  269,855   79,016,243
Realty Income Corp. REIT

  1,054,958   61,398,556
Regency Centers Corp. REIT

  263,115   14,168,743
Retail Opportunity Investments Corp. REIT

  212,743   2,927,344
Rexford Industrial Realty, Inc. REIT

  292,239   15,196,428
RLJ Lodging Trust REIT

  278,055   2,813,917
RPT Realty REIT

  143,754   1,086,780
Ryman Hospitality Properties, Inc. REIT

  94,175   6,930,338
Service Properties Trust REIT

  282,104   1,464,120
Simon Property Group, Inc. REIT

  559,180   50,186,405
SITE Centers Corp. REIT

  318,075   3,406,583
SL Green Realty Corp. REIT

  109,877   4,412,660
Spirit Realty Capital, Inc. REIT

  232,948   8,423,400
STAG Industrial, Inc. REIT

  306,126   8,703,162
STORE Capital Corp. REIT

  453,872   14,219,810
Summit Hotel Properties, Inc. REIT

  182,578   1,226,924
Sun Communities, Inc. REIT

  210,655   28,507,941
Sunstone Hotel Investors, Inc. REIT

  362,711   3,416,738
Tanger Factory Outlet Centers, Inc. REIT

  178,238   2,438,296
Terreno Realty Corp. REIT

  113,572   6,018,180
UDR, Inc. REIT

  521,747   21,762,067
UMH Properties, Inc. REIT (b)

  86,840   1,402,466
Universal Health Realty Income Trust REIT

  21,827   943,145
Security Description     Shares   Value
Urban Edge Properties REIT (b)

  200,632   $2,676,431
Ventas, Inc. REIT

  682,835   27,429,482
Veris Residential, Inc. REIT (a)

  135,390   1,539,384
Vornado Realty Trust REIT

  275,146   6,372,381
Washington Real Estate Investment Trust

  149,336   2,622,340
Welltower, Inc. REIT

  791,537   50,911,660
WP Carey, Inc. REIT

  354,534   24,746,473
Xenia Hotels & Resorts, Inc. REIT

  195,289   2,693,035
TOTAL COMMON STOCKS

(Cost $1,967,450,700)

        1,441,339,621
SHORT-TERM INVESTMENTS — 1.7%      
State Street Institutional Liquid Reserves Fund, Premier Class 3.01% (c) (d)

  9,917,484   9,919,467
State Street Navigator Securities Lending Portfolio II (e) (f)

  14,323,578   14,323,578
TOTAL SHORT-TERM INVESTMENTS

(Cost $24,241,835)

  24,243,045  
TOTAL INVESTMENTS — 100.5%

(Cost $1,991,692,535)

  1,465,582,666  
LIABILITIES IN EXCESS OF OTHER ASSETS — (0.5)%

  (7,449,268)  
NET ASSETS — 100.0%

  $1,458,133,398  
(a) Non-income producing security.
(b) All or a portion of the shares of the security are on loan at September 30, 2022.
(c) The Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these transactions during the period ended September 30, 2022 are shown in the Affiliate Table below.
(d) The rate shown is the annualized seven-day yield at September 30, 2022.
(e) The Fund invested in an affiliated entity. Amounts related to these transactions during the period ended September 30, 2022 are shown in the Affiliate Table below.
(f) Investment of cash collateral for securities loaned.
REIT Real Estate Investment Trust
 
At September 30, 2022, open futures contracts were as follows:
Description   Number of
Contracts
  Expiration
Date
  Notional
Amount
  Value   Unrealized
Appreciation
(Depreciation)
DJ US Real Estate Index (long)   516   12/16/2022   $18,398,714   $16,393,320   $(2,005,394)
See accompanying notes to Schedule of Investments.
3

Table of Contents
SPDR DOW JONES REIT ETF
SCHEDULE OF INVESTMENTS  (continued)
September 30, 2022 (Unaudited)

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of September 30, 2022.
Description   Level 1 –
Quoted Prices
  Level 2 –
Other Significant
Observable Inputs
  Level 3 –
Significant
Unobservable Inputs
  Total
ASSETS:                
INVESTMENTS:                
Common Stocks

  $1,441,339,621   $—   $—   $1,441,339,621
Short-Term Investments

  24,243,045       24,243,045
TOTAL INVESTMENTS

  $1,465,582,666   $—   $—   $1,465,582,666
LIABILITIES:                
OTHER FINANCIAL INSTRUMENTS:                
Futures Contracts

  (2,005,394)       (2,005,394)
TOTAL OTHER FINANCIAL INSTRUMENTS:

  $(2,005,394)   $—   $—   $(2,005,394)
 
Affiliate Table
  Number of
Shares Held
at
6/30/22
  Value at

6/30/22
  Cost of
Purchases
  Proceeds
from
Shares Sold
  Realized
Gain (Loss)
  Change in
Unrealized
Appreciation/
Depreciation
  Number of
Shares Held
at
9/30/22
  Value at

9/30/22
  Dividend
Income
State Street Institutional Liquid Reserves Fund, Premier Class

6,087,611   $6,087,002   $54,247,440   $50,420,628   $4,442   $1,211   9,917,484   $9,919,467   $102,290
State Street Navigator Securities Lending Portfolio II

7,123,081   7,123,081   345,888,056   338,687,559       14,323,578   14,323,578   9,366
Total

    $13,210,083   $400,135,496   $389,108,187   $4,442   $1,211       $24,243,045   $111,656
See accompanying notes to Schedule of Investments.
4

Table of Contents
SPDR FACTSET INNOVATIVE TECHNOLOGY ETF
SCHEDULE OF INVESTMENTS
September 30, 2022 (Unaudited)

Security Description     Shares   Value
COMMON STOCKS — 99.8%   
COMMERCIAL SERVICES & SUPPLIES — 0.8%  
ACV Auctions, Inc. Class A (a) (b)

  112,285   $807,329
COMMUNICATIONS EQUIPMENT — 2.8%  
Inseego Corp. (a) (b)

  349,028   722,488
Ubiquiti, Inc. (b)

  7,485   2,197,296
          2,919,784
CONSUMER FINANCE — 0.7%  
LendingTree, Inc. (a)

  19,738   470,949
Upstart Holdings, Inc. (a) (b)

  13,678   284,365
          755,314
DIVERSIFIED CONSUMER SERVICES — 2.1%  
Duolingo, Inc. (a)

  23,042   2,194,290
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 1.9%  
Advanced Energy Industries, Inc.

  25,442   1,969,465
ENTERTAINMENT — 6.6%  
DouYu International Holdings, Ltd. ADR (a)

  826,078   826,078
HUYA, Inc. ADR (a)

  288,677   640,863
iQIYI, Inc. ADR (a) (b)

  431,668   1,169,820
Netflix, Inc. (a)

  3,597   846,878
ROBLOX Corp. Class A (a) (b)

  19,062   683,182
Roku, Inc. (a) (b)

  9,660   544,824
Spotify Technology SA (a)

  9,475   817,693
Tencent Music Entertainment Group ADR (a)

  325,302   1,320,726
          6,850,064
HEALTH CARE TECHNOLOGY — 4.6%  
American Well Corp. Class A (a)

  353,522   1,269,144
Doximity, Inc. Class A (a) (b)

  40,937   1,237,116
GoodRx Holdings, Inc. Class A (a) (b)

  55,205   257,807
OptimizeRx Corp. (a)

  38,520   570,867
Veeva Systems, Inc. Class A (a)

  8,331   1,373,615
          4,708,549
HOUSEHOLD DURABLES — 1.3%  
Vuzix Corp. (a) (b)

  230,749   1,336,037
INTERACTIVE MEDIA & SERVICES — 15.8%  
Alphabet, Inc. Class A (a)

  14,906   1,425,759
Angi, Inc. (a) (b)

  231,009   681,476
Cargurus, Inc. (a)

  61,824   876,046
fuboTV, Inc. (a) (b)

  123,873   439,749
Hello Group, Inc. ADR

  246,050   1,136,751
JOYY, Inc. ADR

  43,323   1,126,398
Meta Platforms, Inc. Class A (a)

  6,653   902,679
Pinterest, Inc. Class A (a)

  59,187   1,379,057
Snap, Inc. Class A (a)

  43,369   425,884
Twitter, Inc. (a)

  48,371   2,120,585
VTEX Class A (a)

  139,627   516,620
Yandex NV Class A (a) (c)

  41,307  
Yelp, Inc. (a)

  61,244   2,076,784
Security Description     Shares   Value
Zhihu, Inc. ADR (a) (b)

  345,746   $366,491
Ziff Davis, Inc. (a)

  20,713   1,418,426
ZoomInfo Technologies, Inc. (a)

  34,602   1,441,519
          16,334,224
INTERNET & DIRECT MARKETING RETAIL — 1.2%  
Fiverr International, Ltd. (a) (b)

  17,321   529,849
Quotient Technology, Inc. (a)

  302,153   697,974
          1,227,823
IT SERVICES — 2.8%  
Okta, Inc. (a)

  9,835   559,317
Shopify, Inc. Class A (a)

  15,080   406,255
SS&C Technologies Holdings, Inc.

  28,267   1,349,749
Twilio, Inc. Class A (a)

  8,338   576,489
          2,891,810
MEDIA — 0.8%  
Magnite, Inc. (a)

  127,052   834,732
REAL ESTATE MANAGEMENT & DEVELOPMENT — 1.5%  
Compass, Inc. Class A (a) (b)

  213,494   495,306
Zillow Group, Inc. Class C (a)

  36,601   1,047,155
          1,542,461
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 9.3%  
ACM Research, Inc. Class A (a) (b)

  85,996   1,071,510
Advanced Micro Devices, Inc. (a)

  15,963   1,011,416
Ichor Holdings, Ltd. (a)

  49,300   1,193,553
MaxLinear, Inc. (a)

  29,430   960,007
NVIDIA Corp.

  7,285   884,326
Onto Innovation, Inc. (a)

  23,937   1,533,165
SolarEdge Technologies, Inc. (a)

  7,150   1,654,939
Universal Display Corp.

  13,976   1,318,635
          9,627,551
SOFTWARE — 47.6%  
Agora, Inc. ADR (a)

  118,142   428,855
Alkami Technology, Inc. (a) (b)

  100,393   1,510,915
Appfolio, Inc. Class A (a)

  18,120   1,897,526
AppLovin Corp. Class A (a) (b)

  24,346   474,503
Asana, Inc. Class A (a) (b)

  32,513   722,764
Avalara, Inc. (a)

  15,320   1,406,376
Bill.Com Holdings, Inc. (a)

  8,621   1,141,162
Blackline, Inc. (a)

  20,855   1,249,214
Blend Labs, Inc. Class A (a)

  268,669   593,758
Check Point Software Technologies, Ltd. (a)

  19,998   2,240,176
Cleanspark, Inc. (a) (b)

  164,372   522,703
Coupa Software, Inc. (a)

  14,181   833,843
Crowdstrike Holdings, Inc. Class A (a)

  11,100   1,829,391
CyberArk Software, Ltd. (a)

  14,455   2,167,383
Datadog, Inc. Class A (a)

  12,599   1,118,539
Digital Turbine, Inc. (a)

  41,377   596,243
DocuSign, Inc. (a)

  15,231   814,402
Everbridge, Inc. (a)

  35,045   1,082,190
ironSource, Ltd. Class A (a)

  271,293   933,248
 
See accompanying notes to Schedule of Investments.
5

Table of Contents
SPDR FACTSET INNOVATIVE TECHNOLOGY ETF
SCHEDULE OF INVESTMENTS  (continued)
September 30, 2022 (Unaudited)

Security Description     Shares   Value
JFrog, Ltd. (a)

  72,248   $1,597,403
Monday.com, Ltd. (a)

  7,196   815,595
nCino, Inc. (a) (b)

  40,125   1,368,664
ON24, Inc. (a)

  131,452   1,156,778
OneConnect Financial Technology Co., Ltd. ADR (a)

  845,075   610,144
Pagerduty, Inc. (a)

  64,020   1,476,941
Palantir Technologies, Inc. Class A (a)

  116,475   946,942
Paycom Software, Inc. (a)

  5,214   1,720,568
Qualys, Inc. (a)

  16,739   2,333,249
Rapid7, Inc. (a)

  18,984   814,414
SentinelOne, Inc. Class A (a)

  43,807   1,119,707
Smartsheet, Inc. Class A (a)

  31,113   1,069,043
Sumo Logic, Inc. (a)

  160,534   1,204,005
Tenable Holdings, Inc. (a)

  46,479   1,617,469
Trade Desk, Inc. Class A (a)

  23,430   1,399,942
UiPath, Inc. Class A (a) (b)

  50,096   631,710
Upland Software, Inc. (a)

  113,164   920,023
Varonis Systems, Inc. (a)

  44,099   1,169,505
Workday, Inc. Class A (a)

  7,876   1,198,885
Xperi Holding Corp.

  110,192   1,558,115
Yext, Inc. (a)

  213,952   954,226
Zoom Video Communications, Inc. Class A (a)

  11,881   874,323
Zscaler, Inc. (a)

  7,248   1,191,354
          49,312,196
TOTAL COMMON STOCKS

(Cost $233,678,639)

        103,311,629
SHORT-TERM INVESTMENTS — 9.5%      
State Street Institutional Liquid Reserves Fund, Premier Class 3.01% (d) (e)

  251,924   251,974
Security Description     Shares   Value
State Street Navigator Securities Lending Portfolio II (f) (g)

  9,632,728   $9,632,728
TOTAL SHORT-TERM INVESTMENTS

(Cost $9,884,654)

  9,884,702  
TOTAL INVESTMENTS — 109.3%

(Cost $243,563,293)

  113,196,331  
LIABILITIES IN EXCESS OF OTHER ASSETS — (9.3)%

  (9,623,210)  
NET ASSETS — 100.0%

  $103,573,121  
(a) Non-income producing security.
(b) All or a portion of the shares of the security are on loan at September 30, 2022.
(c) Fair valued as determined in good faith by the Trust's Oversight Committee in accordance with policy and procedures approved by the Board of Trustees. Security value is determined based on Level 3 inputs. As of September 30, 2022, total aggregate fair value of the securities is $0, representing 0.00% of the Fund's net assets.
(d) The Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these transactions during the period ended September 30, 2022 are shown in the Affiliate Table below.
(e) The rate shown is the annualized seven-day yield at September 30, 2022.
(f) The Fund invested in an affiliated entity. Amounts related to these transactions during the period ended September 30, 2022 are shown in the Affiliate Table below.
(g) Investment of cash collateral for securities loaned.
ADR American Depositary Receipt
 
The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of September 30, 2022.
Description   Level 1 –
Quoted Prices
  Level 2 –
Other Significant
Observable Inputs
  Level 3 –
Significant
Unobservable Inputs
  Total
ASSETS:                
INVESTMENTS:                
Common Stocks

  $103,311,629   $—   $0(a)   $103,311,629
Short-Term Investments

  9,884,702       9,884,702
TOTAL INVESTMENTS

  $113,196,331   $—   $0   $113,196,331
(a) Fund held Level 3 securities that were valued at $0 at September 30, 2022.
See accompanying notes to Schedule of Investments.
6

Table of Contents
SPDR FACTSET INNOVATIVE TECHNOLOGY ETF
SCHEDULE OF INVESTMENTS  (continued)
September 30, 2022 (Unaudited)

Affiliate Table
  Number of
Shares Held
at
6/30/22
  Value at

6/30/22
  Cost of
Purchases
  Proceeds
from
Shares Sold
  Realized
Gain (Loss)
  Change in
Unrealized
Appreciation/
Depreciation
  Number of
Shares Held
at
9/30/22
  Value at

9/30/22
  Dividend
Income
State Street Institutional Liquid Reserves Fund, Premier Class

182,667   $182,649   $3,073,532   $3,004,267   $11   $49   251,924   $251,974   $1,306
State Street Navigator Securities Lending Portfolio II

10,604,316   10,604,316   19,621,596   20,593,184       9,632,728   9,632,728   123,807
Total

    $10,786,965   $22,695,128   $23,597,451   $11   $49       $9,884,702   $125,113
See accompanying notes to Schedule of Investments.
7

Table of Contents
SPDR GLOBAL DOW ETF
SCHEDULE OF INVESTMENTS
September 30, 2022 (Unaudited)

Security Description     Shares   Value
COMMON STOCKS — 99.3%        
AUSTRALIA — 2.1%  
BHP Group, Ltd.

    24,926   $617,328
National Australia Bank, Ltd. (a)

    31,807   589,173
Rio Tinto PLC

    11,536   630,489
          1,836,990
BELGIUM — 0.7%  
Anheuser-Busch InBev SA/NV

    13,071   598,570
BRAZIL — 0.7%  
Petroleo Brasileiro SA Preference Shares ADR

    17,814   197,379
Petroleo Brasileiro SA Preference Shares

    69,578   383,339
          580,718
CANADA — 1.3%  
Nutrien, Ltd.

    6,862   575,309
Royal Bank of Canada (a)

    6,634   600,466
          1,175,775
CHINA — 4.1%  
Alibaba Group Holding, Ltd. ADR (b)

    7,023   561,770
China Construction Bank Corp. Class H

    1,061,288   613,797
China Petroleum & Chemical Corp. Class H

    1,444,147   619,979
Industrial & Commercial Bank of China, Ltd. Class H

    1,300,110   609,486
PetroChina Co., Ltd. Class H

    1,456,458   597,434
Tencent Holdings, Ltd.

    16,606   563,554
          3,566,020
DENMARK — 0.6%  
Vestas Wind Systems A/S

    26,402   492,635
FINLAND — 0.7%  
Sampo Oyj Class A

    14,084   603,774
FRANCE — 6.0%  
Air Liquide SA

    5,264   606,242
BNP Paribas SA

    13,283   567,418
Carrefour SA

    39,153   545,234
Cie de Saint-Gobain

    15,585   565,674
Engie SA

    50,611   587,139
LVMH Moet Hennessy Louis Vuitton SE

    991   592,596
Societe Generale SA

    27,243   544,848
TotalEnergies SE

    12,975   613,621
Vinci SA

    6,857   558,691
          5,181,463
GERMANY — 4.7%  
Allianz SE

    3,835   607,876
BASF SE

    14,870   576,869
Deutsche Bank AG

    72,393   542,253
E.ON SE

    71,150   550,368
Mercedes-Benz Group AG

    11,471   588,286
Security Description     Shares   Value
SAP SE

    7,467   $615,341
Siemens AG

    6,158   610,507
          4,091,500
HONG KONG — 0.7%  
CLP Holdings, Ltd.

    77,827   588,419
INDIA — 1.4%  
Infosys, Ltd. ADR

    35,595   604,047
Reliance Industries, Ltd. GDR (c)

    1,054   61,659
Reliance Industries, Ltd.

    18,019   526,663
          1,192,369
ITALY — 1.4%  
Assicurazioni Generali SpA

    43,252   594,053
UniCredit SpA

    62,007   635,272
          1,229,325
JAPAN — 10.1%  
Bridgestone Corp.

    17,767   573,105
Canon, Inc.

    27,981   613,187
Honda Motor Co., Ltd.

    25,105   544,091
Komatsu, Ltd.

    31,947   576,280
Mitsubishi Corp.

    21,180   580,623
Mitsubishi UFJ Financial Group, Inc.

    127,048   571,845
Mitsui & Co., Ltd.

    28,673   611,910
Mizuho Financial Group, Inc.

    56,422   609,067
Nippon Steel Corp.

    40,618   563,059
Panasonic Holdings Corp. (a)

    82,064   575,176
Seven & i Holdings Co., Ltd.

    15,784   633,127
SoftBank Group Corp.

    16,856   570,620
Sony Group Corp.

    8,596   551,469
Takeda Pharmaceutical Co., Ltd.

    23,601   614,218
Toyota Motor Corp.

    43,900   568,976
          8,756,753
LUXEMBOURG — 0.6%  
ArcelorMittal SA

    28,193   570,752
MEXICO — 0.7%  
America Movil SAB de CV Series L

    747,821   618,489
Sitios Latinoamerica SAB de CV (a)(b)

    37,391   16,717
          635,206
NETHERLANDS — 0.7%  
Shell PLC (d)

    4,230   106,078
Shell PLC (d)

    20,321   510,328
          616,406
RUSSIA — 0.0% (e)  
Gazprom PJSC ADR (b)(f)

    78,668  
SOUTH AFRICA — 2.0%  
Anglo American PLC

    19,158   585,016
MTN Group, Ltd.

    83,858   559,349
Naspers, Ltd. Class N

    4,503   567,066
          1,711,431
 
See accompanying notes to Schedule of Investments.
8

Table of Contents
SPDR GLOBAL DOW ETF
SCHEDULE OF INVESTMENTS  (continued)
September 30, 2022 (Unaudited)

Security Description     Shares   Value
SOUTH KOREA — 0.7%  
Samsung Electronics Co., Ltd. GDR

    425   $391,850
Samsung Electronics Co., Ltd.

    5,553   206,098
          597,948
SPAIN — 2.0%  
Banco Bilbao Vizcaya Argentaria SA

    133,267   603,229
Banco Santander SA

    255,073   599,093
Telefonica SA

    163,565   540,958
          1,743,280
SWEDEN — 0.6%  
Telefonaktiebolaget LM Ericsson Class B (a)

    86,733   511,840
SWITZERLAND — 2.6%  
ABB, Ltd.

    22,805   597,784
Credit Suisse Group AG (b)

    120,539   486,932
Novartis AG

    7,868   603,780
UBS Group AG

    39,444   580,088
          2,268,584
TAIWAN — 0.6%  
Taiwan Semiconductor Manufacturing Co., Ltd. ADR

    8,084   554,239
UNITED KINGDOM — 4.7%  
AstraZeneca PLC

    5,340   592,766
BAE Systems PLC

    71,477   630,179
BP PLC

    124,370   601,291
HSBC Holdings PLC

    106,793   557,082
National Grid PLC

    52,349   544,050
Tesco PLC

    233,707   539,514
Vodafone Group PLC

    516,835   583,405
          4,048,287
UNITED STATES — 49.6%  
3M Co.

    5,205   575,153
Abbott Laboratories

    6,008   581,334
Accenture PLC Class A

    2,232   574,294
Adobe, Inc. (b)

    1,620   445,824
Alphabet, Inc. Class A (b)

    3,084   294,985
Alphabet, Inc. Class C (b)

    2,689   258,547
Amazon.com, Inc. (b)

    4,881   551,553
American Express Co.

    4,124   556,369
American International Group, Inc.

    11,778   559,219
Amgen, Inc.

    2,583   582,208
Apple, Inc.

    4,053   560,125
AT&T, Inc.

    37,804   579,913
Bank of America Corp.

    18,622   562,384
Bank of New York Mellon Corp.

    14,690   565,859
Baxter International, Inc.

    10,895   586,805
Berkshire Hathaway, Inc. Class B (b)

    2,272   606,669
Boeing Co. (b)

    4,074   493,280
Booking Holdings, Inc. (b)

    321   527,470
Security Description     Shares   Value
Carnival Corp. (b)

    62,445   $438,988
Caterpillar, Inc.

    3,392   556,559
Chevron Corp.

    4,018   577,266
Cisco Systems, Inc.

    14,216   568,640
Coca-Cola Co.

    10,385   581,768
Colgate-Palmolive Co.

    8,285   582,021
ConocoPhillips

    5,826   596,233
CVS Health Corp.

    6,376   608,079
Deere & Co.

    1,695   565,944
Duke Energy Corp.

    5,858   544,911
DuPont de Nemours, Inc.

    11,157   562,313
eBay, Inc.

    14,441   531,573
Exxon Mobil Corp.

    6,695   584,540
FedEx Corp.

    3,090   458,772
General Electric Co.

    8,743   541,279
Gilead Sciences, Inc.

    9,983   615,851
Goldman Sachs Group, Inc.

    1,878   550,348
GSK PLC

    41,574   606,009
Home Depot, Inc.

    2,155   594,651
Honeywell International, Inc.

    3,323   554,841
Howmet Aerospace, Inc.

    17,845   551,946
HP, Inc.

    22,943   571,740
Intel Corp.

    20,640   531,893
International Business Machines Corp.

    5,002   594,288
Johnson & Johnson

    3,879   633,673
JPMorgan Chase & Co.

    5,450   569,525
McDonald's Corp.

    2,489   574,312
Medtronic PLC

    7,254   585,761
Merck & Co., Inc.

    7,408   637,977
Meta Platforms, Inc. Class A (b)

    3,797   515,177
Microsoft Corp.

    2,443   568,975
Mondelez International, Inc. Class A

    10,578   579,992
Nestle SA

    5,594   608,591
Netflix, Inc. (b)

    2,805   660,409
NextEra Energy, Inc.

    7,164   561,729
NIKE, Inc. Class B

    5,830   484,590
NVIDIA Corp.

    4,500   546,255
PayPal Holdings, Inc. (b)

    6,691   575,894
Pfizer, Inc.

    13,546   592,773
Philip Morris International, Inc.

    6,668   553,511
Procter & Gamble Co.

    4,661   588,451
QUALCOMM, Inc.

    4,889   552,359
Raytheon Technologies Corp.

    7,329   599,952
Roche Holding AG

    1,926   632,933
Schlumberger NV

    16,427   589,729
Simon Property Group, Inc. REIT

    6,263   562,104
Southwest Airlines Co. (b)

    16,680   514,411
Starbucks Corp.

    7,353   619,564
Tesla, Inc. (b)

    2,146   569,227
Travelers Cos., Inc.

    3,936   602,995
Union Pacific Corp.

    2,786   542,769
United Parcel Service, Inc. Class B

    3,227   521,290
UnitedHealth Group, Inc.

    1,232   622,209
 
See accompanying notes to Schedule of Investments.
9

Table of Contents
SPDR GLOBAL DOW ETF
SCHEDULE OF INVESTMENTS  (continued)
September 30, 2022 (Unaudited)

Security Description     Shares   Value
Verizon Communications, Inc.

    15,338   $582,384
Visa, Inc. Class A

    3,148   559,242
Walmart, Inc.

    4,721   612,314
Walt Disney Co. (b)

    5,614   529,569
Wells Fargo & Co.

    14,319   575,910
Williams Cos., Inc.

    19,795   566,731
          43,125,731
TOTAL COMMON STOCKS

(Cost $89,556,747)

        86,278,015
       
SHORT-TERM INVESTMENTS — 1.9%  
State Street Institutional U.S. Government Money Market Fund, Class G Shares 2.98% (g)(h)

93,559 93,559
State Street Navigator Securities Lending Portfolio II (i)(j)

1,606,469 1,606,469
TOTAL SHORT-TERM INVESTMENTS

(Cost $1,700,028)

1,700,028
TOTAL INVESTMENTS — 101.2%

(Cost $91,256,775)

87,978,043
LIABILITIES IN EXCESS OF OTHER

ASSETS — (1.2)%

(1,082,555)
NET ASSETS — 100.0%

$86,895,488
(a) All or a portion of the shares of the security are on loan at September 30, 2022.
(b) Non-income producing security.
(c) Securities purchased pursuant to Rule 144A of the Securities Act of 1933, as amended. These securities, which represent 0.1% of net assets as of September 30, 2022, are considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers.
(d) Reflects separate holdings of the issuer's common stock traded on different securities exchanges.
(e) Amount is less than 0.05% of net assets.
(f) Fair valued as determined in good faith by the Trust's Oversight Committee in accordance with policy and procedures approved by the Board of Trustees. Security value is determined based on Level 3 inputs. As of September 30, 2022, total aggregate fair value of the security is $0, representing 0.00% of the Fund's net assets.
(g) The Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these transactions during the period ended September 30, 2022 are shown in the Affiliate Table below.
(h) The rate shown is the annualized seven-day yield at September 30, 2022.
(i) The Fund invested in an affiliated entity. Amounts related to these transactions during the period ended September 30, 2022 are shown in the Affiliate Table below.
(j) Investment of cash collateral for securities loaned.
ADR American Depositary Receipt
GDR Global Depositary Receipt
REIT Real Estate Investment Trust
 
At September 30, 2022, open futures contracts were as follows:
Description   Number of
Contracts
  Expiration
Date
  Notional
Amount
  Value   Unrealized
Appreciation
(Depreciation)
E-mini S&P 500 Index (long)   2   12/16/2022   $412,994   $360,150   $(52,844)
MSCI EAFE Index (long)   3   12/16/2022   281,083   249,090   (31,993)
                    $(84,837)
See accompanying notes to Schedule of Investments.
10

Table of Contents
SPDR GLOBAL DOW ETF
SCHEDULE OF INVESTMENTS  (continued)
September 30, 2022 (Unaudited)

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of September 30, 2022.
Description   Level 1 –
Quoted Prices
  Level 2 –
Other Significant
Observable Inputs
  Level 3 –
Significant
Unobservable Inputs
  Total
ASSETS:                
INVESTMENTS:                
Common Stocks

  $86,278,015   $—   $0(a)   $86,278,015
Short-Term Investments

  1,700,028       1,700,028
TOTAL INVESTMENTS

  $87,978,043   $—   $0   $87,978,043
LIABILITIES:                
OTHER FINANCIAL INSTRUMENTS:                
Futures Contracts(b)

  (84,837)       (84,837)
TOTAL OTHER FINANCIAL INSTRUMENTS:

  $(84,837)   $—   $—   $(84,837)
(a) The Fund held a Level 3 security that was valued at $0 at September 30, 2022.
(b) Futures Contracts are valued at unrealized appreciation (depreciation).
Sector Breakdown as of September 30, 2022

   
    % of Net Assets
  Financials 18.0%
  Industrials 13.5
  Information Technology 11.7
  Consumer Discretionary 11.5
  Health Care 10.5
  Energy 8.2
  Communication Services 7.9
  Consumer Staples 7.4
  Materials 6.1
  Utilities 3.9
  Real Estate 0.6
  Short-Term Investments 1.9
  Liabilities in Excess of Other Assets (1.2)
  TOTAL 100.0%
(The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.)
Affiliate Table
  Number of
Shares Held
at
6/30/22
  Value at

6/30/22
  Cost of
Purchases
  Proceeds
from
Shares Sold
  Realized
Gain (Loss)
  Change in
Unrealized
Appreciation/
Depreciation
  Number of
Shares Held
at
9/30/22
  Value at

9/30/22
  Dividend
Income
State Street Institutional U.S. Government Money Market Fund, Class G Shares

66,021   $66,021   $1,502,612   $1,475,074   $—   $—   93,559   $93,559   $1,006
State Street Navigator Securities Lending Portfolio II

1,204,785   1,204,785   4,517,770   4,116,086       1,606,469   1,606,469   2,190
Total

    $1,270,806   $6,020,382   $5,591,160   $—   $—       $1,700,028   $3,196
See accompanying notes to Schedule of Investments.
11

Table of Contents
SPDR S&P KENSHO CLEAN POWER ETF
SCHEDULE OF INVESTMENTS
September 30, 2022 (Unaudited)

Security Description     Shares   Value
COMMON STOCKS — 99.9%   
AUTOMOBILES — 2.8%  
Tesla, Inc. (a)

  33,880   $8,986,670
CONSTRUCTION & ENGINEERING — 6.1%  
Arcosa, Inc.

  152,908   8,743,280
ReneSola, Ltd. ADR (a)

  963,658   4,856,836
Valmont Industries, Inc.

  21,984   5,905,342
          19,505,458
DIVERSIFIED CONSUMER SERVICES — 2.6%  
ADT, Inc.

  1,117,150   8,367,453
ELECTRIC UTILITIES — 15.0%  
ALLETE, Inc.

  134,090   6,711,204