COMMON STOCKS – 99.6%

Industrials – 20.7%

Aerospace & Defense – 0.4%

Curtiss-Wright Corp.

Air Freight & Logistics – 0.3%

Radiant Logistics, Inc.^(a)

Building Products – 2.2%

Builders FirstSource, Inc.^(a)

Masonite International Corp.^(a)

Simpson Manufacturing Co., Inc.

UFP Industries, Inc.

Commercial Services & Supplies – 0.5%

Tetra Tech, Inc.

Construction & Engineering – 4.1%

AECOM

Arcosa, Inc.

Comfort Systems USA, Inc.

EMCOR Group, Inc.

Fluor Corp.^(a)

MasTec, Inc.^(a)

WillScot Mobile Mini Holdings Corp.^(a)

Electrical Equipment – 0.6%

Regal Rexnord Corp.

Ground Transportation – 0.6%

ArcBest Corp.

Machinery – 3.4%

Hillenbrand, Inc.

Kadant, Inc.

Oshkosh Corp.

Shyft Group, Inc. (The)

Terex Corp.

Wabash National Corp.

Marine Transportation – 0.3%

Star Bulk Carriers Corp.

Professional Services – 5.1%

CACI International, Inc. - Class A^(a)

Concentrix Corp.

Insperity, Inc.

KBR, Inc.

Kforce, Inc.

Korn Ferry

Maximus, Inc.

Science Applications International Corp.

TriNet Group, Inc.^(a)

TTEC Holdings, Inc.

WNS Holdings Ltd. (ADR)^(a)

Trading Companies & Distributors – 3.2%

Applied Industrial Technologies, Inc.

Boise Cascade Co.

GMS, Inc.^(a)

MRC Global, Inc.^(a)

Rush Enterprises, Inc. - Class A

Veritiv Corp.

Health Care – 16.5%

Biotechnology – 7.2%

ACADIA Pharmaceuticals, Inc.^(a)

Arcturus Therapeutics Holdings, Inc.^(a)

Arcus Biosciences, Inc.^(a)

Ascendis Pharma A/S (ADR)^(a)

Blueprint Medicines Corp.^(a)

Catalyst Pharmaceuticals, Inc.^(a)

Cytokinetics, Inc.^(a)

Denali Therapeutics, Inc.^(a)

Eagle Pharmaceuticals, Inc./DE^(a)

Emergent BioSolutions, Inc.^(a)

Gossamer Bio, Inc.^(a)

Halozyme Therapeutics, Inc.^(a)

Insmed, Inc.^(a)

Intellia Therapeutics, Inc.^(a)

IVERIC bio, Inc.^(a)

Karuna Therapeutics, Inc.^(a)

Legend Biotech Corp. (ADR)^(a)

Madrigal Pharmaceuticals, Inc.^(a)

Mirati Therapeutics, Inc.^(a)

MoonLake Immunotherapeutics^(a)

Morphic Holding, Inc.^(a)

Natera, Inc.^(a)

Recursion Pharmaceuticals, Inc. - Class A^(a)

Relay Therapeutics, Inc.^(a)

Sarepta Therapeutics, Inc.^(a)

Syndax Pharmaceuticals, Inc.^(a)

Ultragenyx Pharmaceutical, Inc.^(a)

Vaxcyte, Inc.^(a)

Vericel Corp.^(a)

Verve Therapeutics, Inc.^(a)

Viking Therapeutics, Inc.^(a)

Vir Biotechnology, Inc.^(a)

Viridian Therapeutics, Inc.^(a)

Y-mAbs Therapeutics, Inc.^(a)

Zentalis Pharmaceuticals, Inc.^(a)

Health Care Equipment & Supplies – 3.1%

CONMED Corp.

Integer Holdings Corp.^(a)

iRhythm Technologies, Inc.^(a)

Lantheus Holdings, Inc.^(a)

Orthofix Medical, Inc.^(a)

Shockwave Medical, Inc.^(a)

STAAR Surgical Co.^(a)

Health Care Providers & Services – 2.6%

AMN Healthcare Services, Inc.^(a)

Chemed Corp.

ModivCare, Inc.^(a)

NeoGenomics, Inc.^(a)

Option Care Health, Inc.^(a)

Owens & Minor, Inc.^(a)

Pediatrix Medical Group, Inc.^(a)

Tenet Healthcare Corp.^(a)

Health Care Technology – 0.9%

Computer Programs & Systems, Inc.^(a)

Health Catalyst, Inc.^(a)

NextGen Healthcare, Inc.^(a)

Life Sciences Tools & Services – 1.5%

ICON PLC^(a)

Medpace Holdings, Inc.^(a)

Mesa Laboratories, Inc.

Repligen Corp.^(a)

Pharmaceuticals – 1.2%

Collegium Pharmaceutical, Inc.^(a)

Corcept Therapeutics, Inc.^(a)

Harmony Biosciences Holdings, Inc.^(a)

Intra-Cellular Therapies, Inc.^(a)

Revance Therapeutics, Inc.^(a)

Financials – 15.5%

Banks – 8.3%

1st Source Corp.

Associated Banc-Corp.

Bank of Marin Bancorp

BankUnited, Inc.

Berkshire Hills Bancorp, Inc.

Cathay General Bancorp

First BanCorp./Puerto Rico

First Busey Corp.

Heritage Financial Corp./WA

International Bancshares Corp.

New York Community Bancorp, Inc.

Nicolet Bankshares, Inc.

Northeast Bank

Peoples Bancorp, Inc./OH

Republic Bancorp, Inc./KY - Class A

Synovus Financial Corp.

Texas Capital Bancshares, Inc.^(a)

TriCo Bancshares

Wintrust Financial Corp.

WSFS Financial Corp.

Capital Markets – 1.2%

Evercore, Inc. - Class A

Houlihan Lokey, Inc.

Consumer Finance – 0.8%

Nelnet, Inc. - Class A

OneMain Holdings, Inc.

Financial Services – 2.4%

Essent Group Ltd.

EVERTEC, Inc.

MGIC Investment Corp.

Mr Cooper Group, Inc.^(a)

PennyMac Financial Services, Inc.

Insurance – 2.2%

Assured Guaranty Ltd.

Hanover Insurance Group, Inc. (The)

Kinsale Capital Group, Inc.

Palomar Holdings, Inc.^(a)

Primerica, Inc.

Mortgage Real Estate Investment Trusts (REITs) – 0.6%

Ellington Financial, Inc.

MFA Financial, Inc.

PennyMac Mortgage Investment Trust

Information Technology – 14.3%

Communications Equipment – 0.2%

Lumentum Holdings, Inc.^(a)

Electronic Equipment, Instruments & Components – 5.2%

Allegro MicroSystems, Inc.^(a)

Avnet, Inc.

Fabrinet^(a)

Insight Enterprises, Inc.^(a)

Jabil, Inc.

OSI Systems, Inc.^(a)

Sanmina Corp.^(a)

TD SYNNEX Corp.

TTM Technologies, Inc.^(a)

Vishay Intertechnology, Inc.

IT Services – 0.5%

Perficient, Inc.^(a)

Semiconductors & Semiconductor Equipment – 3.2%

Kulicke & Soffa Industries, Inc.

Lattice Semiconductor Corp.^(a)

MACOM Technology Solutions Holdings, Inc.^(a)

Onto Innovation, Inc.^(a)

SMART Global Holdings, Inc.^(a)

Software – 5.2%

8x8, Inc.^(a)

A10 Networks, Inc.

ACI Worldwide, Inc.^(a)

Box, Inc. - Class A^(a)

CommVault Systems, Inc.^(a)

Consensus Cloud Solutions, Inc.^(a)

Manhattan Associates, Inc.^(a)

NCR Corp.^(a)

Progress Software Corp.

Qualys, Inc.^(a)

SPS Commerce, Inc.^(a)

Consumer Discretionary – 10.4%

Automobile Components – 1.6%

Dana, Inc.

Fox Factory Holding Corp.^(a)

Goodyear Tire & Rubber Co. (The)^(a)

Patrick Industries, Inc.

Automobiles – 0.6%

Thor Industries, Inc.

Winnebago Industries, Inc.

Diversified Consumer Services – 1.0%

Adtalem Global Education, Inc.^(a)

Perdoceo Education Corp.^(a)

Hotels, Restaurants & Leisure – 2.9%

Churchill Downs, Inc.

Dine Brands Global, Inc.

Hilton Grand Vacations, Inc.^(a)

Marriott Vacations Worldwide Corp.

Papa John’s International, Inc.

Planet Fitness, Inc. - Class A^(a)

Travel + Leisure Co.

Household Durables – 1.4%

KB Home

Taylor Morrison Home Corp.^(a)

Leisure Products – 0.2%

MasterCraft Boat Holdings, Inc.^(a)

Specialty Retail – 0.8%

Citi Trends, Inc.^(a)

Murphy USA, Inc.

Sally Beauty Holdings, Inc.^(a)

Upbound Group, Inc.

Textiles, Apparel & Luxury Goods – 1.9%

Carter’s, Inc.

Crocs, Inc.^(a)

Deckers Outdoor Corp.^(a)

Oxford Industries, Inc.

Energy – 6.5%

Energy Equipment & Services – 1.7%

Cactus, Inc. - Class A

ChampionX Corp.

Oceaneering International, Inc.^(a)

Patterson-UTI Energy, Inc.

Oil, Gas & Consumable Fuels – 4.8%

Antero Resources Corp.^(a)

Chord Energy Corp.

Civitas Resources, Inc.

HF Sinclair Corp.

Magnolia Oil & Gas Corp. - Class A

Matador Resources Co.

Ovintiv, Inc. (New York)

PBF Energy, Inc. - Class A

PDC Energy, Inc.

Teekay Tankers Ltd. - Class A

Real Estate – 6.1%

Diversified REITs – 0.9%

Alexander & Baldwin, Inc.

Armada Hoffler Properties, Inc.

Broadstone Net Lease, Inc. - Class A

Health Care REITs – 1.0%

CareTrust REIT, Inc.

Healthcare Realty Trust, Inc.

Physicians Realty Trust

Sabra Health Care REIT, Inc.

Hotel & Resort REITs – 1.4%

Apple Hospitality REIT, Inc.

DiamondRock Hospitality Co.

RLJ Lodging Trust

Service Properties Trust

Industrial REITs – 1.2%

First Industrial Realty Trust, Inc.

Industrial Logistics Properties Trust

STAG Industrial, Inc.

Terreno Realty Corp.

Office REITs – 0.2%

Cousins Properties, Inc.

Real Estate Management & Development – 0.4%

Anywhere Real Estate, Inc.^(a)

RE/MAX Holdings, Inc. - Class A

Residential REITs – 0.5%

Apartment Income REIT Corp.

NexPoint Residential Trust, Inc.

Retail REITs – 0.1%

NETSTREIT Corp.

Specialized REITs – 0.4%

National Storage Affiliates Trust

VICI Properties, Inc.

Materials – 3.5%

Chemicals – 0.9%

AdvanSix, Inc.

Huntsman Corp.

Orion SA

Metals & Mining – 1.8%

Alpha Metallurgical Resources, Inc.

B2Gold Corp.

Commercial Metals Co.

Olympic Steel, Inc.

Schnitzer Steel Industries, Inc. - Class A

United States Steel Corp.

Paper & Forest Products – 0.8%

Louisiana-Pacific Corp.

Sylvamo Corp.

Consumer Staples – 2.5%

Consumer Staples Distribution & Retail – 0.7%

Grocery Outlet Holding Corp.^(a)

Village Super Market, Inc. - Class A

Food Products – 1.6%

Cal-Maine Foods, Inc.

Hain Celestial Group, Inc. (The)^(a)

John B Sanfilippo & Son, Inc.

Nomad Foods Ltd.^(a)

Personal Care Products – 0.2%

USANA Health Sciences, Inc.^(a)

Utilities – 2.4%

Electric Utilities – 1.5%

ALLETE, Inc.

IDACORP, Inc.

Portland General Electric Co.

Gas Utilities – 0.4%

Chesapeake Utilities Corp.

Multi-Utilities – 0.5%

NorthWestern Corp.

Communication Services – 1.2%

Entertainment – 0.3%

IMAX Corp.^(a)

Interactive Media & Services – 0.4%

Ziff Davis, Inc.^(a)

Media – 0.5%

Nexstar Media Group, Inc.

Total Common Stocks
(cost $534,054,573)

SHORT-TERM INVESTMENTS – 0.0%

Investment Companies – 0.0%

AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 5.02%^{(b) (c) (d)}
(cost $69,107)

Total Investments – 99.6%
(cost $534,123,680)^(e)

Other assets less liabilities – 0.4%

Net Assets – 100.0%

Non-income producing security.

Affiliated investments.

The rate shown represents the 7-day yield as of period end.

To obtain a copy of the fund’s shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov, or call AB at (800) 227-4618.

As of June 30, 2023, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $200,521,184 and gross unrealized depreciation of investments was $(56,512,313), resulting in net unrealized appreciation of $144,008,871.

Please note: The sector classifications presented herein are based on the Global Industry Classification Standard (GICS) which was developed by Morgan Stanley Capital International and Standard & Poor’s. The components are divided into sector, industry group, and industry sub-indices as classified by the GICS for each of the market capitalization indices in the broad market.

Level 1 - quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

Level 3 - significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)

Investments in Securities:

See Schedule of Investments for sector classifications.

Other financial instruments are derivative instruments, such as futures, forwards and swaps, which are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.