Vanguard® ESG U.S. Stock ETF
Schedule of Investments (unaudited)
As of November 30, 2024
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 (99.5%)
Basic Materials (1.4%)
  Linde plc 101,070 46,592
  Air Products and Chemicals Inc. 46,707 15,616
  Newmont Corp. 242,974 10,190
  Fastenal Co. 120,440 10,064
  Nucor Corp. 50,378 7,793
  International Flavors & Fragrances Inc. 53,825 4,917
  Steel Dynamics Inc. 31,374 4,558
  LyondellBasell Industries NV Class A 54,695 4,558
  International Paper Co. 73,108 4,301
  Avery Dennison Corp. 16,811 3,462
  CF Industries Holdings Inc. 38,325 3,436
  Albemarle Corp. 24,608 2,650
  Royal Gold Inc. 13,796 2,018
  United States Steel Corp. 46,817 1,909
  Mosaic Co. 67,476 1,785
  UFP Industries Inc. 12,695 1,725
  FMC Corp. 26,212 1,549
  Element Solutions Inc. 47,025 1,349
  Cabot Corp. 11,317 1,241
  Balchem Corp. 6,781 1,224
* Arcadium Lithium plc 230,641 1,211
  Avient Corp. 19,336 991
  Westlake Corp. 7,066 907
  Ashland Inc. 10,505 820
  NewMarket Corp. 1,399 746
  Scotts Miracle-Gro Co. 9,095 701
  Sensient Technologies Corp. 9,025 701
  Hecla Mining Co. 123,661 683
  Huntsman Corp. 34,726 680
  Sylvamo Corp. 7,216 666
  Innospec Inc. 5,197 616
* MP Materials Corp. 26,697 563
  Minerals Technologies Inc. 6,731 549
* Coeur Mining Inc. 82,805 535
  Quaker Chemical Corp. 2,941 464
* Ingevity Corp. 7,672 373
  Stepan Co. 4,363 336
* Constellium SE Class A 27,151 333
  Worthington Steel Inc. 6,856 307
  Tronox Holdings plc 24,337 294
  Kaiser Aluminum Corp. 3,378 275
* Century Aluminum Co. 10,032 229
  Orion SA 12,161 224
*,1 Sigma Lithium Corp. 11,984 165
            144,306
Consumer Discretionary (16.3%)
* Amazon.com Inc. 1,955,358 406,499
* Tesla Inc. 584,981 201,912
  Costco Wholesale Corp. 93,276 90,653
  Home Depot Inc. 208,791 89,599
* Netflix Inc. 90,072 79,877
  Walt Disney Co. 386,530 45,406
  McDonald's Corp. 151,656 44,892
  Booking Holdings Inc. 7,179 37,345
  Lowe's Cos. Inc. 120,541 32,839
* Uber Technologies Inc. 422,896 30,432
  TJX Cos. Inc. 238,447 29,970
  Starbucks Corp. 238,491 24,436
  NIKE Inc. Class B 253,223 19,946
* MercadoLibre Inc. 9,935 19,723
* Chipotle Mexican Grill Inc. Class A 287,280 17,674
* O'Reilly Automotive Inc. 12,156 15,113
          Shares Market
Value
($000)
* Spotify Technology SA 30,917 14,746
  Marriott International Inc. Class A 48,285 13,959
  Hilton Worldwide Holdings Inc. 51,611 13,080
  Target Corp. 97,386 12,885
* Airbnb Inc. Class A 91,913 12,510
  Royal Caribbean Cruises Ltd. 49,815 12,158
* Trade Desk Inc. Class A 93,014 11,957
* Copart Inc. 183,489 11,631
* AutoZone Inc. 3,591 11,382
  Ross Stores Inc. 69,182 10,714
  Electronic Arts Inc. 56,204 9,199
  Ford Motor Co. 826,120 9,195
  Lennar Corp. Class A 51,899 9,051
  Yum! Brands Inc. 59,179 8,222
* Lululemon Athletica Inc. 25,396 8,144
  Garmin Ltd. 32,596 6,930
* Take-Two Interactive Software Inc. 36,301 6,838
  eBay Inc. 106,473 6,739
  Tractor Supply Co. 22,663 6,429
* Deckers Outdoor Corp. 31,958 6,263
* Coupang Inc. 243,512 6,175
* Carvana Co. Class A 22,767 5,929
  PulteGroup Inc. 43,521 5,887
* NVR Inc. 595 5,495
* ROBLOX Corp. Class A 107,426 5,385
* Carnival Corp. 210,657 5,357
* Warner Bros Discovery Inc. 510,582 5,351
* Expedia Group Inc. 26,656 4,921
  Williams-Sonoma Inc. 26,825 4,614
* Live Nation Entertainment Inc. 33,310 4,605
  Omnicom Group Inc. 40,710 4,267
  Best Buy Co. Inc. 45,450 4,091
* Ulta Beauty Inc. 10,077 3,896
* Burlington Stores Inc. 13,353 3,764
  Genuine Parts Co. 29,208 3,702
* Liberty Media Corp.-Liberty Formula One Class C 40,963 3,620
  Dollar General Corp. 46,229 3,572
  Toll Brothers Inc. 21,537 3,557
  Estee Lauder Cos. Inc. Class A 48,605 3,505
  Domino's Pizza Inc. 7,339 3,495
* Aptiv plc 57,220 3,177
* On Holding AG Class A 52,224 3,046
* Dollar Tree Inc. 42,645 3,039
  News Corp. Class A 101,822 2,989
  Tapestry Inc. 47,986 2,989
  Pool Corp. 7,844 2,958
  Rollins Inc. 58,655 2,952
  Fox Corp. Class A 60,871 2,868
* CarMax Inc. 32,978 2,769
* Duolingo Inc. Class A 7,730 2,692
* BJ's Wholesale Club Holdings Inc. 27,899 2,687
* Grab Holdings Ltd. Class A 533,223 2,666
  Service Corp. International 29,986 2,656
* Floor & Decor Holdings Inc. Class A 22,076 2,477
* Norwegian Cruise Line Holdings Ltd. 90,684 2,439
  Interpublic Group of Cos. Inc. 79,102 2,437
* TKO Group Holdings Inc. Class A 16,701 2,304
* GameStop Corp. Class A 78,774 2,288
  Aramark 55,084 2,241
* Cava Group Inc. 15,807 2,227
  Lithia Motors Inc. Class A 5,735 2,219
  Delta Air Lines Inc. 34,175 2,181
  LKQ Corp. 55,007 2,161
  Murphy USA Inc. 3,898 2,135
* Rivian Automotive Inc. Class A 174,364 2,133
  Wingstop Inc. 6,169 2,028
  Tempur Sealy International Inc. 35,448 1,984
  Ralph Lauren Corp. Class A 8,459 1,957
  Hasbro Inc. 29,079 1,895
* Planet Fitness Inc. Class A 18,440 1,836
          Shares Market
Value
($000)
  New York Times Co. Class A 33,707 1,829
* Skechers USA Inc. Class A 27,798 1,774
  H&R Block Inc. 29,273 1,735
  Bath & Body Works Inc. 46,984 1,703
* United Airlines Holdings Inc. 17,422 1,687
  BorgWarner Inc. 47,584 1,633
  Wyndham Hotels & Resorts Inc. 16,198 1,590
* Taylor Morrison Home Corp. Class A 21,518 1,590
* Abercrombie & Fitch Co. Class A 10,559 1,581
  Gentex Corp. 48,997 1,497
  VF Corp. 73,553 1,488
  Autoliv Inc. 14,899 1,477
* elf Beauty Inc. 11,384 1,474
  Hyatt Hotels Corp. Class A 9,163 1,447
* SiteOne Landscape Supply Inc. 9,390 1,439
  Meritage Homes Corp. 7,508 1,435
  Vail Resorts Inc. 7,911 1,418
* Bright Horizons Family Solutions Inc. 12,201 1,411
* SharkNinja Inc. 14,021 1,410
  Sirius XM Holdings Inc. 51,520 1,388
  Paramount Global Class B 124,889 1,355
* Etsy Inc. 24,614 1,350
* Crocs Inc. 12,409 1,310
* Lyft Inc. Class A 75,057 1,303
* MakeMyTrip Ltd. 11,245 1,290
  U-Haul Holding Co. 20,353 1,271
  PVH Corp. 11,697 1,268
* Ollie's Bargain Outlet Holdings Inc. 12,792 1,266
* Dutch Bros Inc. Class A 22,946 1,233
  Whirlpool Corp. 11,053 1,232
* RH 3,148 1,212
  Thor Industries Inc. 10,731 1,198
  Group 1 Automotive Inc. 2,801 1,193
  Lear Corp. 11,982 1,172
* Champion Homes Inc. 11,255 1,168
  KB Home 13,991 1,158
  Nexstar Media Group Inc. Class A 6,595 1,125
* Asbury Automotive Group Inc. 4,256 1,106
* Valvoline Inc. 27,508 1,092
  Kontoor Brands Inc. 11,739 1,077
* Five Below Inc. 11,436 1,060
  Southwest Airlines Co. 31,869 1,031
* Grand Canyon Education Inc. 6,235 1,026
  Gap Inc. 41,699 1,011
* AutoNation Inc. 5,386 964
* Frontdoor Inc. 16,368 959
  Macy's Inc. 57,786 938
* Cavco Industries Inc. 1,783 917
* M/I Homes Inc. 5,521 911
  Signet Jewelers Ltd. 9,077 910
* Wayfair Inc. Class A 19,620 907
* Madison Square Garden Sports Corp. 3,895 896
1 Choice Hotels International Inc. 5,890 891
  Six Flags Entertainment Corp. 19,268 890
  Harley-Davidson Inc. 25,711 865
* Tri Pointe Homes Inc. 19,546 851
* Boot Barn Holdings Inc. 6,177 847
  Newell Brands Inc. 86,566 830
  Travel + Leisure Co. 14,509 811
* Cinemark Holdings Inc. 23,413 808
  Rush Enterprises Inc. Class A 12,803 793
* Dorman Products Inc. 5,352 749
* Peloton Interactive Inc. Class A 71,322 738
  American Eagle Outfitters Inc. 38,008 731
* YETI Holdings Inc. 18,108 731
* Adtalem Global Education Inc. 7,968 728
  Marriott Vacations Worldwide Corp. 7,206 715
  Steven Madden Ltd. 15,382 701
  Wendy's Co. 36,623 672
* Hilton Grand Vacations Inc. 15,826 671
          Shares Market
Value
($000)
* Urban Outfitters Inc. 13,563 661
  TEGNA Inc. 34,830 654
* Hanesbrands Inc. 74,020 644
  Penske Automotive Group Inc. 3,854 642
  LCI Industries 5,293 639
* Goodyear Tire & Rubber Co. 59,206 636
  Fox Corp. Class B 13,912 622
* Victoria's Secret & Co. 15,848 616
* Liberty Media Corp.-Liberty Formula One Class A 7,595 614
* Coty Inc. Class A 80,962 598
* Liberty Media Corp.-Liberty Live Class A 8,345 598
  Columbia Sportswear Co. 6,760 590
* Capri Holdings Ltd. 24,406 571
* Visteon Corp. 5,822 544
  HNI Corp. 9,497 538
  Advance Auto Parts Inc. 12,693 525
  Century Communities Inc. 5,764 521
* Laureate Education Inc. 27,243 518
  Interparfums Inc. 3,683 507
* Under Armour Inc. Class C 57,541 505
* American Airlines Group Inc. 34,094 495
  Phinia Inc. 8,785 493
  PriceSmart Inc. 5,259 472
* LGI Homes Inc. 4,236 464
  Nordstrom Inc. 20,318 461
* Green Brick Partners Inc. 6,444 461
  Strategic Education Inc. 4,612 456
* OPENLANE Inc. 22,485 454
*,1 Lucid Group Inc. Class A 206,700 451
  Acushnet Holdings Corp. 6,144 449
* Atlanta Braves Holdings Inc. Class C 11,036 445
* Foot Locker Inc. 17,539 441
* Liberty Media Corp.-Liberty Live Class C 5,754 420
  PROG Holdings Inc. 8,606 419
* United Parks & Resorts Inc. 7,052 414
* Birkenstock Holding plc 7,961 411
  John Wiley & Sons Inc. Class A 7,652 399
  Carter's Inc. 7,231 395
  Avis Budget Group Inc. 3,614 394
  La-Z-Boy Inc. 8,689 393
* QuantumScape Corp. Class A 73,499 384
  Upbound Group Inc. 11,087 381
  Leggett & Platt Inc. 28,091 354
  MillerKnoll Inc. 14,018 352
* Sonos Inc. 25,867 352
* Central Garden & Pet Co. Class A 10,378 351
  Papa John's International Inc. 6,988 348
* Alaska Air Group Inc. 6,570 346
* AMC Entertainment Holdings Inc. Class A 69,546 344
  Winnebago Industries Inc. 5,863 343
* Adient plc 17,790 342
* Helen of Troy Ltd. 4,577 336
  Kohl's Corp. 22,382 335
  Buckle Inc. 6,366 332
* Amer Sports Inc. 12,077 318
* TripAdvisor Inc. 21,992 315
* Sabre Corp. 77,314 302
* Sally Beauty Holdings Inc. 21,673 302
* Life Time Group Holdings Inc. 12,251 297
* Madison Square Garden Entertainment Corp. Class A 7,900 292
* Fox Factory Holding Corp. 8,807 286
* Gentherm Inc. 6,659 280
  Dana Inc. 27,388 274
  Oxford Industries Inc. 3,137 261
  Steelcase Inc. Class A 19,105 257
  Cracker Barrel Old Country Store Inc. 4,611 256
* G-III Apparel Group Ltd. 8,473 251
* Topgolf Callaway Brands Corp. 28,825 243
* Sphere Entertainment Co. 5,632 232
* Under Armour Inc. Class A 23,720 230
          Shares Market
Value
($000)
* IMAX Corp. 8,288 218
* Coursera Inc. 26,779 213
* Driven Brands Holdings Inc. 12,264 207
  Krispy Kreme Inc. 18,251 201
* National Vision Holdings Inc. 16,097 195
  Jack in the Box Inc. 3,757 184
* ODP Corp. 7,173 184
* Lions Gate Entertainment Corp. Class B 24,160 178
* U-Haul Holding Co. (XNYS) 2,464 174
* Mister Car Wash Inc. 19,533 156
  Scholastic Corp. 5,051 133
* Atlanta Braves Holdings Inc. Class A 2,955 124
* JetBlue Airways Corp. 20,068 120
* Hertz Global Holdings Inc. 24,403 120
* Lions Gate Entertainment Corp. Class A 13,710 113
  News Corp. Class B 3,046 98
  Guess? Inc. 5,338 88
  Lennar Corp. Class B 369 61
            1,667,496
Consumer Staples (4.0%)
  Procter & Gamble Co. 496,573 89,016
  Coca-Cola Co. 817,032 52,355
  PepsiCo Inc. 289,376 47,299
  Mondelez International Inc. Class A 281,771 18,301
  McKesson Corp. 27,285 17,149
  Colgate-Palmolive Co. 171,042 16,528
  CVS Health Corp. 265,546 15,893
  Kimberly-Clark Corp. 70,806 9,867
  Corteva Inc. 147,158 9,159
  Cencora Inc. 34,930 8,787
  Kroger Co. 139,446 8,517
* Monster Beverage Corp. 150,850 8,316
  Sysco Corp. 104,962 8,094
  General Mills Inc. 117,521 7,787
  Keurig Dr Pepper Inc. 235,708 7,696
  Kraft Heinz Co. 186,944 5,977
  Church & Dwight Co. Inc. 51,389 5,659
  Archer-Daniels-Midland Co. 100,382 5,481
  Hershey Co. 30,650 5,398
  Kellanova 55,031 4,473
  Clorox Co. 26,187 4,378
  McCormick & Co. Inc. (Non-Voting) 53,109 4,164
  Tyson Foods Inc. Class A 59,128 3,814
* US Foods Holding Corp. 48,162 3,360
  Coca-Cola Europacific Partners plc 43,065 3,341
* Sprouts Farmers Market Inc. 21,096 3,259
  Conagra Brands Inc. 99,943 2,753
  Bunge Global SA 29,708 2,666
  J M Smucker Co. 21,818 2,570
  Lamb Weston Holdings Inc. 30,135 2,328
* BellRing Brands Inc. 27,382 2,148
  Ingredion Inc. 13,657 2,012
  Hormel Foods Corp. 60,990 1,978
  Campbell's Co. 40,184 1,857
  Albertsons Cos. Inc. Class A 87,842 1,744
  Coca-Cola Consolidated Inc. 1,250 1,630
* Freshpet Inc. 9,897 1,515
* Darling Ingredients Inc. 33,757 1,368
  Walgreens Boots Alliance Inc. 150,814 1,360
* Post Holdings Inc. 10,325 1,244
  Primo Brands Corp. Class A 32,994 941
  Flowers Foods Inc. 39,979 904
  Cal-Maine Foods Inc. 8,419 822
  WD-40 Co. 2,817 781
  Lancaster Colony Corp. 4,100 762
* Simply Good Foods Co. 19,140 762
  Energizer Holdings Inc. 15,132 577
  J & J Snack Foods Corp. 3,290 572
  Spectrum Brands Holdings Inc. 5,798 533
          Shares Market
Value
($000)
  Nomad Foods Ltd. 28,234 517
* Grocery Outlet Holding Corp. 20,476 430
  Edgewell Personal Care Co. 10,142 371
* TreeHouse Foods Inc. 9,700 333
  Reynolds Consumer Products Inc. 10,838 300
  WK Kellogg Co. 13,568 282
  Weis Markets Inc. 3,384 246
  National Beverage Corp. 4,948 244
* Herbalife Ltd. 21,529 167
* USANA Health Sciences Inc. 2,122 82
            410,867
Energy (0.1%)
* First Solar Inc. 22,407 4,465
* Enphase Energy Inc. 27,652 1,973
* NEXTracker Inc. Class A 30,205 1,153
*,1 Plug Power Inc. 153,507 344
* Fluence Energy Inc. 12,193 229
* Array Technologies Inc. 30,788 207
* Ameresco Inc. Class A 6,759 190
* SolarEdge Technologies Inc. 11,414 180
* Shoals Technologies Group Inc. Class A 34,012 178
            8,919
Financials (11.4%)
  JPMorgan Chase & Co. 603,199 150,631
  Bank of America Corp. 1,428,085 67,848
  Goldman Sachs Group Inc. 66,356 40,382
  S&P Global Inc. 65,851 34,408
  Progressive Corp. 123,004 33,073
  Morgan Stanley 244,339 32,157
  Blackrock Inc. 31,066 31,774
  Citigroup Inc. 403,310 28,583
  Blackstone Inc. 148,600 28,396
  Charles Schwab Corp. 313,814 25,971
  Chubb Ltd. 85,122 24,577
  Marsh & McLennan Cos. Inc. 103,735 24,194
  Intercontinental Exchange Inc. 119,614 19,253
  Apollo Global Management Inc. 109,815 19,221
  CME Group Inc. 75,653 18,005
  PNC Financial Services Group Inc. 83,535 17,937
  US Bancorp 327,944 17,476
  Moody's Corp. 33,278 16,638
  Aon plc Class A 41,326 16,181
  Arthur J Gallagher & Co. 45,403 14,177
  Truist Financial Corp. 280,818 13,389
  Aflac Inc. 117,386 13,382
  Travelers Cos. Inc. 48,078 12,791
  Bank of New York Mellon Corp. 155,464 12,728
* Coinbase Global Inc. Class A 41,454 12,279
  Ameriprise Financial Inc. 21,074 12,096
  Allstate Corp. 55,289 11,466
  MetLife Inc. 123,857 10,928
  American International Group Inc. 136,769 10,515
  MSCI Inc. Class A 16,149 9,845
  Prudential Financial Inc. 75,555 9,778
  Discover Financial Services 52,678 9,610
* NU Holdings Ltd. Class A 669,157 8,385
  M&T Bank Corp. 34,999 7,699
  Arch Capital Group Ltd. 75,797 7,634
  Hartford Financial Services Group Inc. 61,537 7,588
  Nasdaq Inc. 86,805 7,204
  Willis Towers Watson plc 21,504 6,924
  Fifth Third Bancorp 143,657 6,904
  Ares Management Corp. Class A 38,553 6,813
  Raymond James Financial Inc. 39,716 6,723
  State Street Corp. 63,364 6,242
  First Citizens BancShares Inc. Class A 2,541 5,832
  Broadridge Financial Solutions Inc. 24,690 5,827
  T. Rowe Price Group Inc. 46,141 5,714
  Brown & Brown Inc. 50,382 5,698
          Shares Market
Value
($000)
  Huntington Bancshares Inc. 303,764 5,471
* Robinhood Markets Inc. Class A 140,158 5,262
  Regions Financial Corp. 192,563 5,249
  Cincinnati Financial Corp. 32,212 5,148
  LPL Financial Holdings Inc. 15,666 5,094
* Markel Group Inc. 2,717 4,844
  Cboe Global Markets Inc. 22,198 4,791
  Northern Trust Corp. 41,964 4,665
  Citizens Financial Group Inc. 94,788 4,563
  Interactive Brokers Group Inc. Class A 22,223 4,247
  Principal Financial Group Inc. 48,377 4,213
  W R Berkley Corp. 61,888 3,995
  FactSet Research Systems Inc. 7,992 3,921
  KeyCorp 194,663 3,792
* SoFi Technologies Inc. 215,733 3,540
  Everest Group Ltd. 9,055 3,509
  Fidelity National Financial Inc. 54,542 3,457
  Equitable Holdings Inc. 68,691 3,313
  Tradeweb Markets Inc. Class A 24,446 3,312
  Loews Corp. 37,590 3,260
  East West Bancorp Inc. 29,016 3,182
  Reinsurance Group of America Inc. 13,829 3,159
  RenaissanceRe Holdings Ltd. 10,800 3,090
  Unum Group 38,753 2,980
  Credicorp Ltd. 14,309 2,654
  Blue Owl Capital Inc. Class A 105,322 2,499
  Assurant Inc. 10,954 2,488
  First Horizon Corp. 114,485 2,419
  Stifel Financial Corp. 20,819 2,411
  Kinsale Capital Group Inc. 4,646 2,362
  Evercore Inc. Class A 7,502 2,310
  Ally Financial Inc. 57,535 2,300
  Webster Financial Corp. 35,946 2,221
  American Financial Group Inc. 15,064 2,212
  Primerica Inc. 7,274 2,202
  Western Alliance Bancorp 22,521 2,108
  Houlihan Lokey Inc. Class A 11,035 2,087
  Annaly Capital Management Inc. 104,691 2,087
  Globe Life Inc. 18,716 2,082
  Comerica Inc. 28,159 2,035
  Old Republic International Corp. 52,063 2,029
  Pinnacle Financial Partners Inc. 15,877 2,018
  MarketAxess Holdings Inc. 7,727 1,999
  Corebridge Financial Inc. 60,072 1,945
  Wintrust Financial Corp. 13,598 1,877
  Zions Bancorp NA 30,573 1,850
  Commerce Bancshares Inc. 24,881 1,835
  Voya Financial Inc. 21,463 1,781
  SouthState Corp. 15,891 1,759
  SEI Investments Co. 21,004 1,736
  Cullen/Frost Bankers Inc. 12,328 1,734
  Synovus Financial Corp. 30,299 1,729
  Ryan Specialty Holdings Inc. Class A 21,635 1,631
  Jackson Financial Inc. Class A 15,820 1,585
  Prosperity Bancshares Inc. 18,862 1,579
* MARA Holdings Inc. 57,339 1,572
  Hamilton Lane Inc. Class A 8,026 1,544
  RLI Corp. 8,772 1,543
  Old National Bancorp 66,226 1,534
  Axis Capital Holdings Ltd. 16,216 1,509
  Popular Inc. 15,072 1,498
  AGNC Investment Corp. 154,708 1,494
  First American Financial Corp. 21,065 1,478
  Cadence Bank 38,224 1,460
  MGIC Investment Corp. 53,903 1,416
  Glacier Bancorp Inc. 23,970 1,388
  Invesco Ltd. 76,669 1,387
  Columbia Banking System Inc. 44,619 1,384
  OneMain Holdings Inc. 24,015 1,377
  Franklin Resources Inc. 60,213 1,370
          Shares Market
Value
($000)
  Starwood Property Trust Inc. 66,246 1,349
  Lazard Inc. Class A 22,902 1,330
* Mr Cooper Group Inc. 13,401 1,322
  Selective Insurance Group Inc. 12,606 1,287
  FNB Corp. 74,802 1,283
  Lincoln National Corp. 35,902 1,276
  Essent Group Ltd. 21,880 1,264
  Piper Sandler Cos. 3,666 1,257
  Home BancShares Inc. 39,304 1,248
  SLM Corp. 45,598 1,248
* Upstart Holdings Inc. 15,838 1,248
  TPG Inc. Class A 17,760 1,243
  Hanover Insurance Group Inc. 7,469 1,232
  Janus Henderson Group plc 27,168 1,230
  Rithm Capital Corp. 107,500 1,209
  Affiliated Managers Group Inc. 6,421 1,204
  UMB Financial Corp. 9,379 1,177
  United Bankshares Inc. 27,815 1,176
  XP Inc. Class A 86,196 1,167
  First Financial Bankshares Inc. 27,479 1,145
  Moelis & Co. Class A 14,795 1,139
  Radian Group Inc. 31,439 1,125
  Bank OZK 22,290 1,114
  Hancock Whitney Corp. 18,339 1,089
  White Mountains Insurance Group Ltd. 524 1,053
  Valley National Bancorp 98,000 1,043
  ServisFirst Bancshares Inc. 10,757 1,030
  Assured Guaranty Ltd. 10,999 1,026
  Ameris Bancorp 14,073 989
* Axos Financial Inc. 11,611 962
  Kemper Corp. 12,760 912
  Associated Banc-Corp 33,844 903
  CNO Financial Group Inc. 22,379 893
* Texas Capital Bancshares Inc. 9,880 874
* Enstar Group Ltd. 2,682 871
  United Community Banks Inc. 25,630 867
  International Bancshares Corp. 11,512 842
  Fulton Financial Corp. 38,404 829
  Atlantic Union Bankshares Corp. 19,064 809
  First Hawaiian Inc. 27,720 765
  Cathay General Bancorp 14,642 762
  Community Financial System Inc. 10,975 760
* Riot Platforms Inc. 59,638 754
  WSFS Financial Corp. 12,566 754
  Eastern Bankshares Inc. 40,451 754
  Walker & Dunlop Inc. 6,833 753
  BGC Group Inc. Class A 76,600 746
* Genworth Financial Inc. Class A 91,103 711
  Blackstone Mortgage Trust Inc. Class A 36,964 710
  First Bancorp 34,216 708
* Brighthouse Financial Inc. 13,256 693
* NMI Holdings Inc. Class A 16,620 665
  Artisan Partners Asset Management Inc. Class A 13,447 656
  BankUnited Inc. 15,268 642
* Credit Acceptance Corp. 1,283 639
  Independent Bank Corp. 8,801 637
  Simmons First National Corp. Class A 25,959 635
  Flagstar Financial Inc. 52,910 633
  CVB Financial Corp. 26,885 630
  Virtu Financial Inc. Class A 16,747 625
  Bank of Hawaii Corp. 7,910 625
  Bread Financial Holdings Inc. 10,330 608
  Heartland Financial USA Inc. 8,931 603
  PennyMac Financial Services Inc. 5,569 597
  Cohen & Steers Inc. 5,664 593
1 Arbor Realty Trust Inc. 39,293 576
  Pacific Premier Bancorp Inc. 20,196 574
  First Interstate BancSystem Inc. Class A 16,295 570
  BOK Financial Corp. 4,777 568
  First Financial Bancorp 18,953 560
          Shares Market
Value
($000)
  Provident Financial Services Inc. 26,253 554
  Park National Corp. 2,900 552
  First Merchants Corp. 12,588 551
* Lemonade Inc. 10,616 550
* Palomar Holdings Inc. 5,046 546
  Towne Bank 14,611 535
  Seacoast Banking Corp. of Florida 17,211 516
  Banner Corp. 6,858 512
  WaFd Inc. 13,966 511
  BancFirst Corp. 4,021 508
  Independent Bank Group Inc. 7,548 505
* Triumph Financial Inc. 4,636 496
  Trustmark Corp. 12,441 487
  NBT Bancorp Inc. 9,672 485
  Renasant Corp. 12,621 475
  WesBanco Inc. 12,343 436
* Freedom Holding Corp. 3,490 415
  Stock Yards Bancorp Inc. 5,436 414
  City Holding Co. 3,036 399
  Northwest Bancshares Inc. 27,039 397
  First Commonwealth Financial Corp. 20,931 394
  Horace Mann Educators Corp. 8,790 368
* Trupanion Inc. 6,739 359
  Virtus Investment Partners Inc. 1,445 357
  Bank of NT Butterfield & Son Ltd. 9,305 353
  Sandy Spring Bancorp Inc. 9,025 340
  S&T Bancorp Inc. 7,817 335
  Live Oak Bancshares Inc. 6,899 327
  WisdomTree Inc. 27,380 327
  Nelnet Inc. Class A 2,949 321
  Hilltop Holdings Inc. 9,938 315
* SiriusPoint Ltd. 20,361 314
  Hope Bancorp Inc. 22,897 312
  Westamerica Bancorp 5,352 306
  Berkshire Hills Bancorp Inc. 9,017 275
  Employers Holdings Inc. 4,984 266
  Ladder Capital Corp. Class A 22,378 265
  Safety Insurance Group Inc. 3,012 259
  Navient Corp. 16,472 257
  1st Source Corp. 3,936 255
  PennyMac Mortgage Investment Trust 18,186 247
  Two Harbors Investment Corp. 20,978 247
  Chimera Investment Corp. 16,594 246
* Encore Capital Group Inc. 4,806 236
  MFA Financial Inc. 21,086 234
  CNA Financial Corp. 4,339 219
  ARMOUR Residential REIT Inc. 10,267 194
  F&G Annuities & Life Inc. 3,529 171
  TFS Financial Corp. 11,229 159
  Republic Bancorp Inc. Class A 1,648 126
* Columbia Financial Inc. 5,504 100
            1,160,550
Health Care (11.3%)
  Eli Lilly & Co. 168,523 134,035
  UnitedHealth Group Inc. 193,567 118,115
  AbbVie Inc. 372,858 68,207
  Merck & Co. Inc. 533,654 54,241
  Abbott Laboratories 363,967 43,228
  Thermo Fisher Scientific Inc. 80,373 42,568
* Intuitive Surgical Inc. 74,314 40,278
  Danaher Corp. 135,881 32,569
  Amgen Inc. 112,874 31,929
  Pfizer Inc. 1,193,340 31,277
  Stryker Corp. 76,145 29,860
* Boston Scientific Corp. 309,018 28,016
* Vertex Pharmaceuticals Inc. 54,386 25,460
  Bristol-Myers Squibb Co. 426,978 25,286
  Gilead Sciences Inc. 262,656 24,317
  Medtronic plc 270,130 23,377
          Shares Market
Value
($000)
  Elevance Health Inc. 48,941 19,917
  Cigna Group 58,654 19,813
  Zoetis Inc. Class A 96,286 16,874
* Regeneron Pharmaceuticals Inc. 21,999 16,504
  Becton Dickinson & Co. 60,816 13,495
  HCA Healthcare Inc. 39,723 12,998
* Edwards Lifesciences Corp. 125,822 8,977
  Agilent Technologies Inc. 61,589 8,497
  GE HealthCare Technologies Inc. 95,654 7,960
  ResMed Inc. 30,604 7,621
* IQVIA Holdings Inc. 37,916 7,615
  Humana Inc. 25,375 7,521
* IDEXX Laboratories Inc. 17,368 7,325
* Veeva Systems Inc. Class A 31,106 7,087
* Alnylam Pharmaceuticals Inc. 26,580 6,727
* Centene Corp. 110,746 6,645
* Dexcom Inc. 84,259 6,571
  Cardinal Health Inc. 51,197 6,258
  West Pharmaceutical Services Inc. 15,304 4,984
* Biogen Inc. 30,741 4,938
* Illumina Inc. 33,444 4,821
  Zimmer Biomet Holdings Inc. 43,002 4,821
* Waters Corp. 12,481 4,802
  STERIS plc 20,753 4,546
* Cooper Cos. Inc. 41,007 4,284
  Labcorp Holdings Inc. 17,748 4,280
* Natera Inc. 23,822 3,997
* Insulet Corp. 14,685 3,918
* Hologic Inc. 47,996 3,816
  Quest Diagnostics Inc. 23,385 3,804
* Align Technology Inc. 15,786 3,675
* ICON plc 17,299 3,637
* Molina Healthcare Inc. 12,198 3,634
  Baxter International Inc. 107,090 3,610
* United Therapeutics Corp. 9,160 3,394
  Viatris Inc. 249,281 3,263
  Revvity Inc. 25,917 3,010
* Avantor Inc. 142,524 3,002
* Moderna Inc. 68,226 2,938
* Tenet Healthcare Corp. 19,992 2,852
* Neurocrine Biosciences Inc. 21,095 2,674
* BioMarin Pharmaceutical Inc. 39,706 2,622
* Sarepta Therapeutics Inc. 19,129 2,551
* Incyte Corp. 33,459 2,496
  Universal Health Services Inc. Class B 12,171 2,495
* Insmed Inc. 32,918 2,474
  Bio-Techne Corp. 32,688 2,463
* Exact Sciences Corp. 38,419 2,385
* Vaxcyte Inc. 25,009 2,359
* Catalent Inc. 37,922 2,317
* Exelixis Inc. 60,582 2,209
  Royalty Pharma plc Class A 82,602 2,202
* Charles River Laboratories International Inc. 10,778 2,145
  Encompass Health Corp. 20,767 2,138
* Solventum Corp. 29,224 2,090
* Henry Schein Inc. 27,002 2,080
* Globus Medical Inc. Class A 23,603 2,021
  Teleflex Inc. 9,915 1,912
* Penumbra Inc. 7,795 1,903
* Intra-Cellular Therapies Inc. 21,776 1,865
* REVOLUTION Medicines Inc. 32,078 1,856
* Medpace Holdings Inc. 5,368 1,828
* HealthEquity Inc. 17,800 1,807
  Chemed Corp. 3,150 1,803
* DaVita Inc. 10,674 1,774
* Repligen Corp. 11,736 1,767
  Ensign Group Inc. 11,632 1,701
* Jazz Pharmaceuticals plc 13,045 1,586
* Masimo Corp. 9,088 1,568
* Glaukos Corp. 10,223 1,469
          Shares Market
Value
($000)
* Bio-Rad Laboratories Inc. Class A 4,059 1,382
* Elanco Animal Health Inc. 104,383 1,379
* Doximity Inc. Class A 25,793 1,367
  Bruker Corp. 23,036 1,335
* Lantheus Holdings Inc. 14,406 1,286
* Hims & Hers Health Inc. 39,518 1,273
* Blueprint Medicines Corp. 13,106 1,263
* Halozyme Therapeutics Inc. 25,857 1,246
* Merit Medical Systems Inc. 11,965 1,243
* Cytokinetics Inc. 23,952 1,242
* Madrigal Pharmaceuticals Inc. 3,678 1,207
* Inspire Medical Systems Inc. 6,184 1,192
* Ionis Pharmaceuticals Inc. 33,125 1,184
* Viking Therapeutics Inc. 22,043 1,167
* RadNet Inc. 13,819 1,130
* Crinetics Pharmaceuticals Inc. 18,403 1,053
* TG Therapeutics Inc. 29,512 1,027
* Krystal Biotech Inc. 5,163 1,019
* Alkermes plc 34,313 996
* Integer Holdings Corp. 7,034 988
* Corcept Therapeutics Inc. 16,929 976
* Avidity Biosciences Inc. 22,507 968
* Haemonetics Corp. 10,568 924
* Ultragenyx Pharmaceutical Inc. 19,219 915
* CRISPR Therapeutics AG 17,408 891
* Guardant Health Inc. 24,634 877
* Prestige Consumer Healthcare Inc. 10,287 872
* Option Care Health Inc. 36,392 866
  Organon & Co. 54,566 866
  DENTSPLY SIRONA Inc. 42,600 837
  Perrigo Co. plc 28,734 820
* Envista Holdings Corp. 36,658 817
* Bridgebio Pharma Inc. 29,846 809
* Acadia Healthcare Co. Inc. 19,076 775
* Axsome Therapeutics Inc. 7,638 750
* ICU Medical Inc. 4,523 742
* Apellis Pharmaceuticals Inc. 21,819 740
* Biohaven Ltd. 15,596 718
* Nuvalent Inc. Class A 7,283 704
* PTC Therapeutics Inc. 15,743 691
* Xenon Pharmaceuticals Inc. 16,162 689
* Agios Pharmaceuticals Inc. 11,587 688
* Veracyte Inc. 15,574 669
* CorVel Corp. 1,806 660
* Denali Therapeutics Inc. 26,046 651
* Neogen Corp. 45,751 649
* Arrowhead Pharmaceuticals Inc. 24,884 648
* Amedisys Inc. 6,739 616
* Amicus Therapeutics Inc. 60,987 609
* LivaNova plc 11,379 597
* SpringWorks Therapeutics Inc. 14,185 588
* TransMedics Group Inc. 6,747 585
* Twist Bioscience Corp. 11,854 583
* Merus NV 12,972 582
* iRhythm Technologies Inc. 6,593 573
* Inari Medical Inc. 11,012 572
* QuidelOrtho Corp. 13,079 536
* Azenta Inc. 11,349 524
* Dyne Therapeutics Inc. 16,562 507
  Premier Inc. Class A 21,521 493
* Iovance Biotherapeutics Inc. 52,331 488
  Select Medical Holdings Corp. 22,643 478
* Privia Health Group Inc. 21,628 465
  CONMED Corp. 6,253 463
* NeoGenomics Inc. 26,080 462
* Novocure Ltd. 22,296 447
* Omnicell Inc. 9,542 445
* Akero Therapeutics Inc. 13,775 442
* Ligand Pharmaceuticals Inc. 3,574 434
* Beam Therapeutics Inc. 15,691 429
          Shares Market
Value
($000)
* Kymera Therapeutics Inc. 9,066 425
* Tandem Diabetes Care Inc. 13,599 417
* Teladoc Health Inc. 34,344 411
* ACADIA Pharmaceuticals Inc. 25,152 410
* Sotera Health Co. 31,066 409
* Fortrea Holdings Inc. 18,334 386
* Surgery Partners Inc. 16,026 382
* Supernus Pharmaceuticals Inc. 10,232 374
*,1 Recursion Pharmaceuticals Inc. Class A 51,889 367
* AtriCure Inc. 10,116 366
* Amphastar Pharmaceuticals Inc. 7,988 361
  Patterson Cos. Inc. 16,705 359
* Integra LifeSciences Holdings Corp. 14,061 346
* Arvinas Inc. 12,950 346
* Immunovant Inc. 12,183 344
* 10X Genomics Inc. Class A 21,265 338
* Inmode Ltd. 16,794 328
* Xencor Inc. 12,733 326
* BioCryst Pharmaceuticals Inc. 41,719 313
* Intellia Therapeutics Inc. 19,871 310
* STAAR Surgical Co. 10,501 306
* Evolent Health Inc. Class A 23,638 305
* Myriad Genetics Inc. 18,325 298
* MoonLake Immunotherapeutics Class A 5,394 294
* Progyny Inc. 17,480 272
* Certara Inc. 24,142 271
* Alignment Healthcare Inc. 20,614 260
* Phreesia Inc. 11,456 241
* AdaptHealth Corp. Class A 21,486 216
* Harmony Biosciences Holdings Inc. 6,100 211
* Innoviva Inc. 11,012 209
* Owens & Minor Inc. 15,234 205
* LifeStance Health Group Inc. 27,276 205
* Rocket Pharmaceuticals Inc. 14,115 203
* Avanos Medical Inc. 9,555 183
* Arcus Biosciences Inc. 11,531 178
* Vir Biotechnology Inc. 19,630 156
* Prothena Corp. plc 9,083 147
* Pacira BioSciences Inc. 8,485 143
* Maravai LifeSciences Holdings Inc. Class A 22,895 130
* agilon health Inc. 61,077 128
* Ironwood Pharmaceuticals Inc. Class A 31,221 110
*,1 OPKO Health Inc. 60,892 94
* GRAIL Inc. 5,369 94
* Relay Therapeutics Inc. 19,174 90
* Sana Biotechnology Inc. 26,694 74
*,2 Scilex Holding Co. (Acquired 1/23/23, Cost $126) 12,014 7
*,3 OmniAb Inc. 12.5 Earnout 1,051 —
*,3 OmniAb Inc. 15 Earnout 1,051 —
            1,159,211
Industrials (10.4%)
  Visa Inc. Class A 331,595 104,479
  Mastercard Inc. Class A 173,903 92,680
  Accenture plc Class A 132,082 47,863
  Caterpillar Inc. 102,907 41,792
  American Express Co. 118,097 35,982
  Union Pacific Corp. 128,346 31,401
* Fiserv Inc. 120,643 26,657
  Automatic Data Processing Inc. 86,481 26,544
  Deere & Co. 53,074 24,727
  United Parcel Service Inc. Class B 153,428 20,823
  Trane Technologies plc 47,589 19,807
* PayPal Holdings Inc. 215,271 18,679
  Illinois Tool Works Inc. 62,264 17,279
  Cintas Corp. 72,764 16,429
  Capital One Financial Corp. 79,740 15,311
  CSX Corp. 410,947 15,020
  FedEx Corp. 47,621 14,413
  Carrier Global Corp. 176,608 13,664
          Shares Market
Value
($000)
  PACCAR Inc. 108,176 12,657
* Fair Isaac Corp. 4,974 11,813
  Johnson Controls International plc 140,485 11,781
* Block Inc. Class A 117,024 10,362
  Fidelity National Information Services Inc. 118,339 10,094
  Paychex Inc. 67,690 9,901
* Axon Enterprise Inc. 15,083 9,758
  Old Dominion Freight Line Inc. 41,276 9,293
  Ferguson Enterprises Inc. 42,404 9,156
  Ingersoll Rand Inc. 84,911 8,845
  Verisk Analytics Inc. Class A 29,944 8,810
  Otis Worldwide Corp. 85,003 8,754
  Vulcan Materials Co. 27,825 8,017
  Martin Marietta Materials Inc. 12,894 7,736
  Westinghouse Air Brake Technologies Corp. 36,765 7,376
  DuPont de Nemours Inc. 87,929 7,350
  Rockwell Automation Inc. 24,178 7,136
  Equifax Inc. 25,858 6,763
  Global Payments Inc. 53,562 6,372
* Keysight Technologies Inc. 36,616 6,255
  Dover Corp. 28,815 5,933
  Veralto Corp. 52,099 5,637
  Synchrony Financial 83,142 5,614
* Mettler-Toledo International Inc. 4,425 5,537
* Corpay Inc. 14,386 5,484
* Builders FirstSource Inc. 25,224 4,703
  Packaging Corp. of America 18,694 4,652
  Lennox International Inc. 6,750 4,503
  Carlisle Cos. Inc. 9,718 4,438
* Zebra Technologies Corp. Class A 10,752 4,376
  TransUnion 40,808 4,142
  AerCap Holdings NV 40,716 4,046
  Snap-on Inc. 10,912 4,034
  Watsco Inc. 7,305 4,029
  Ball Corp. 64,613 4,016
  Pentair plc 34,774 3,790
* Trimble Inc. 51,352 3,747
  Owens Corning 18,110 3,724
  Masco Corp. 46,210 3,723
  RPM International Inc. 26,774 3,716
* XPO Inc. 24,023 3,661
  IDEX Corp. 15,868 3,660
  Comfort Systems USA Inc. 7,399 3,650
  Expeditors International of Washington Inc. 29,594 3,600
  FTAI Aviation Ltd. 21,220 3,582
* Affirm Holdings Inc. Class A 48,746 3,413
  JB Hunt Transport Services Inc. 17,250 3,262
  Graco Inc. 35,101 3,197
* Saia Inc. 5,593 3,183
  Nordson Corp. 11,954 3,120
  Stanley Black & Decker Inc. 32,337 2,893
  nVent Electric plc 34,846 2,729
  Jack Henry & Associates Inc. 15,242 2,685
* TopBuild Corp. 6,707 2,620
  Allegion plc 18,498 2,605
  CH Robinson Worldwide Inc. 24,467 2,583
  AptarGroup Inc. 13,823 2,391
* Generac Holdings Inc. 12,374 2,329
  CNH Industrial NV 184,015 2,311
  Crown Holdings Inc. 24,702 2,275
  Applied Industrial Technologies Inc. 7,990 2,195
  Eagle Materials Inc. 6,988 2,159
  Acuity Brands Inc. 6,460 2,072
  Fortune Brands Innovations Inc. 26,015 2,037
  Advanced Drainage Systems Inc. 14,773 1,999
  Donaldson Co. Inc. 25,299 1,975
  Knight-Swift Transportation Holdings Inc. Class A 33,188 1,970
  WESCO International Inc. 9,287 1,965
* Core & Main Inc. Class A 40,369 1,960
  AAON Inc. 14,287 1,948
          Shares Market
Value
($000)
* Rocket Lab USA Inc. 71,170 1,941
* BILL Holdings Inc. 21,394 1,930
* Paylocity Holding Corp. 9,244 1,918
  Toro Co. 22,015 1,917
  Graphic Packaging Holding Co. 62,549 1,882
* MasTec Inc. 13,063 1,882
  A O Smith Corp. 25,171 1,875
* Axalta Coating Systems Ltd. 45,976 1,860
* API Group Corp. 47,756 1,804
* Chart Industries Inc. 9,034 1,746
  Berry Global Group Inc. 24,119 1,744
  Genpact Ltd. 37,221 1,718
* Trex Co. Inc. 22,806 1,711
  Simpson Manufacturing Co. Inc. 8,925 1,681
* SPX Technologies Inc. 9,423 1,663
* WEX Inc. 8,664 1,635
* AZEK Co. Inc. Class A 30,508 1,621
* Middleby Corp. 11,261 1,615
  MKS Instruments Inc. 14,108 1,603
  Louisiana-Pacific Corp. 13,551 1,602
  Robert Half Inc. 21,255 1,586
* Kirby Corp. 12,250 1,550
* Mohawk Industries Inc. 11,034 1,532
* ExlService Holdings Inc. 32,985 1,529
  Ryder System Inc. 8,949 1,511
* GXO Logistics Inc. 24,790 1,508
* Beacon Roofing Supply Inc. 13,325 1,506
* FTI Consulting Inc. 7,417 1,502
* WillScot Holdings Corp. 38,745 1,482
* Modine Manufacturing Co. 10,801 1,467
  CSW Industrials Inc. 3,472 1,466
* Shift4 Payments Inc. Class A 12,793 1,459
  Valmont Industries Inc. 4,171 1,451
  Armstrong World Industries Inc. 9,058 1,448
  Cognex Corp. 36,184 1,447
  Landstar System Inc. 7,517 1,398
  Herc Holdings Inc. 5,875 1,363
  MSA Safety Inc. 7,782 1,353
  Badger Meter Inc. 6,168 1,337
  AGCO Corp. 13,027 1,318
* Summit Materials Inc. Class A 25,652 1,307
  Littelfuse Inc. 5,214 1,286
* ACI Worldwide Inc. 22,323 1,268
  Vontier Corp. 32,254 1,266
* Aurora Innovation Inc. Class A 194,005 1,255
  Watts Water Technologies Inc. Class A 5,736 1,238
  Federal Signal Corp. 12,660 1,233
* Knife River Corp. 11,865 1,228
* Sterling Infrastructure Inc. 6,312 1,227
  GATX Corp. 7,435 1,220
  Boise Cascade Co. 8,164 1,205
  Zurn Elkay Water Solutions Corp. 30,187 1,202
  Installed Building Products Inc. 5,057 1,157
  Brunswick Corp. 14,255 1,148
* Itron Inc. 9,552 1,132
  Air Lease Corp. Class A 21,973 1,118
  Sealed Air Corp. 30,450 1,114
  Arcosa Inc. 10,182 1,106
* Bloom Energy Corp. Class A 39,874 1,095
* Dycom Industries Inc. 5,954 1,079
  Sonoco Products Co. 20,629 1,070
  Franklin Electric Co. Inc. 9,671 1,047
  Belden Inc. 8,474 1,037
  Kadant Inc. 2,492 1,029
  Sensata Technologies Holding plc 31,837 1,023
  Silgan Holdings Inc. 17,584 1,012
* Gates Industrial Corp. plc 43,454 963
* Euronet Worldwide Inc. 9,115 958
  Primoris Services Corp. 11,397 954
  Maximus Inc. 12,731 948
          Shares Market
Value
($000)
  Brink's Co. 9,510 920
  Granite Construction Inc. 9,248 919
  HB Fuller Co. 11,682 898
* ASGN Inc. 9,481 868
* RXO Inc. 28,606 862
  John Bean Technologies Corp. 6,821 860
  Korn Ferry 10,898 854
* GMS Inc. 8,384 841
* CBIZ Inc. 10,105 834
  MSC Industrial Direct Co. Inc. Class A 9,683 832
* Resideo Technologies Inc. 30,232 822
* Verra Mobility Corp. Class A 34,500 816
  Western Union Co. 71,907 792
  Terex Corp. 13,963 765
* Alight Inc. Class A 89,696 718
  Atkore Inc. 7,527 710
  Griffon Corp. 7,879 664
  ManpowerGroup Inc. 10,126 652
  Hub Group Inc. Class A 12,613 651
  UniFirst Corp. 3,219 647
  Trinity Industries Inc. 16,956 639
* Remitly Global Inc. 30,245 622
  McGrath RentCorp 5,089 620
  TriNet Group Inc. 6,564 613
  Insperity Inc. 7,584 598
* OSI Systems Inc. 3,277 581
  ArcBest Corp. 4,889 564
  AZZ Inc. 6,048 563
* StoneCo Ltd. Class A 59,159 561
* Flywire Corp. 24,356 553
  Werner Enterprises Inc. 13,217 540
  Hillenbrand Inc. 14,975 510
  Scorpio Tankers Inc. 9,920 503
  ADT Inc. 64,284 490
* Hayward Holdings Inc. 29,575 478
* NCR Atleos Corp. 14,540 477
  EVERTEC Inc. 13,237 476
* Gibraltar Industries Inc. 6,236 452
* Masterbrand Inc. 26,106 452
  Vestis Corp. 27,472 442
  Greenbrier Cos. Inc. 6,484 441
1 ZIM Integrated Shipping Services Ltd. 19,948 440
* Huron Consulting Group Inc. 3,576 439
* Upwork Inc. 24,680 419
* O-I Glass Inc. 31,834 401
  H&E Equipment Services Inc. 6,664 398
  Apogee Enterprises Inc. 4,519 381
* Marqeta Inc. Class A 95,940 372
  Helios Technologies Inc. 6,911 362
  Star Bulk Carriers Corp. 20,847 361
  Tennant Co. 3,807 336
*,1 Joby Aviation Inc. 35,406 317
  Schneider National Inc. Class B 9,364 315
* American Woodmark Corp. 3,335 303
* Enovix Corp. 32,630 302
  Lindsay Corp. 2,164 287
* Pagseguro Digital Ltd. Class A 38,953 286
* Cimpress plc 3,507 282
  SFL Corp. Ltd. Class B 24,313 256
  Matson Inc. 1,609 246
* Legalzoom.com Inc. 30,210 240
  TriMas Corp. 8,750 231
* Dlocal Ltd. Class A 20,108 230
  Deluxe Corp. 9,311 216
* AMN Healthcare Services Inc. 8,018 209
* JELD-WEN Holding Inc. 16,935 184
  Heartland Express Inc. 8,811 112
  Ardagh Metal Packaging SA 26,300 97
            1,065,260
          Shares Market
Value
($000)
Real Estate (3.1%)
  Prologis Inc. 194,477 22,711
  American Tower Corp. 98,266 20,538
  Equinix Inc. 19,934 19,565
  Welltower Inc. 126,835 17,526
  Digital Realty Trust Inc. 67,956 13,298
  Simon Property Group Inc. 68,088 12,501
  Public Storage 33,291 11,587
  Realty Income Corp. 183,280 10,610
  Crown Castle Inc. 91,495 9,721
* CBRE Group Inc. Class A 64,460 9,024
  Iron Mountain Inc. 61,149 7,562
  Extra Space Storage Inc. 44,027 7,527
  AvalonBay Communities Inc. 29,829 7,020
* CoStar Group Inc. 85,612 6,964
  Equity Residential 79,498 6,094
  Ventas Inc. 84,902 5,440
  SBA Communications Corp. Class A 22,579 5,109
  Invitation Homes Inc. 128,911 4,415
  Essex Property Trust Inc. 13,410 4,163
  Alexandria Real Estate Equities Inc. 36,598 4,034
  Mid-America Apartment Communities Inc. 24,405 4,006
  Kimco Realty Corp. 138,844 3,550
  Sun Communities Inc. 26,018 3,287
  Healthpeak Properties Inc. 146,944 3,231
  UDR Inc. 69,070 3,168
  Regency Centers Corp. 38,488 2,909
* Jones Lang LaSalle Inc. 9,961 2,795
  Equity LifeStyle Properties Inc. 38,777 2,766
  Camden Property Trust 21,705 2,730
  BXP Inc. 33,108 2,715
  American Homes 4 Rent Class A 70,748 2,709
  Host Hotels & Resorts Inc. 145,779 2,685
  WP Carey Inc. 45,390 2,590
  Lamar Advertising Co. Class A 18,299 2,452
* Zillow Group Inc. Class C 28,709 2,432
  CubeSmart 47,156 2,337
  Omega Healthcare Investors Inc. 51,901 2,108
  Federal Realty Investment Trust 17,352 2,024
  Rexford Industrial Realty Inc. 45,572 1,918
  Brixmor Property Group Inc. 62,992 1,894
  EastGroup Properties Inc. 10,161 1,750
  NNN REIT Inc. 37,804 1,663
  Agree Realty Corp. 20,933 1,608
  Vornado Realty Trust 36,884 1,588
  Healthcare Realty Trust Inc. Class A 80,818 1,481
  First Industrial Realty Trust Inc. 27,659 1,478
  Ryman Hospitality Properties Inc. 12,141 1,423
  Americold Realty Trust Inc. 59,546 1,421
  STAG Industrial Inc. 37,927 1,395
  Essential Properties Realty Trust Inc. 36,980 1,261
  Kite Realty Group Trust 45,125 1,244
  Terreno Realty Corp. 20,024 1,214
* Zillow Group Inc. Class A 14,784 1,205
  SL Green Realty Corp. 14,716 1,151
  Macerich Co. 49,428 1,048
  Independence Realty Trust Inc. 47,458 1,036
  Kilroy Realty Corp. 24,853 1,032
  Cousins Properties Inc. 32,282 1,025
  Phillips Edison & Co. Inc. 25,948 1,025
  Rayonier Inc. 31,551 1,006
  CareTrust REIT Inc. 32,685 974
  Sabra Health Care REIT Inc. 48,105 901
  Tanger Inc. 22,166 819
  COPT Defense Properties 23,843 786
  Apple Hospitality REIT Inc. 47,376 763
  PotlatchDeltic Corp. 16,686 748
  HA Sustainable Infrastructure Capital Inc. 23,801 746
  Highwoods Properties Inc. 22,281 723
  EPR Properties 15,887 721
          Shares Market
Value
($000)
* Cushman & Wakefield plc 46,567 712
  Broadstone Net Lease Inc. 40,506 709
  National Health Investors Inc. 8,853 679
  Park Hotels & Resorts Inc. 43,081 670
  National Storage Affiliates Trust 14,667 661
  Innovative Industrial Properties Inc. 5,896 643
  Douglas Emmett Inc. 32,996 639
  Outfront Media Inc. 30,585 588
  LXP Industrial Trust 61,961 579
  Urban Edge Properties 25,125 578
* Howard Hughes Holdings Inc. 6,668 578
  Four Corners Property Trust Inc. 19,042 566
1 Medical Properties Trust Inc. 127,329 559
  Acadia Realty Trust 21,473 555
* Curbline Properties Corp. 19,394 471
  Sunstone Hotel Investors Inc. 42,245 454
  Retail Opportunity Investments Corp. 25,441 443
  DigitalBridge Group Inc. 32,690 428
  Newmark Group Inc. Class A 27,564 427
  DiamondRock Hospitality Co. 43,089 400
  St. Joe Co. 7,581 387
  Pebblebrook Hotel Trust 25,390 352
  LTC Properties Inc. 8,866 342
  RLJ Lodging Trust 32,338 330
  Getty Realty Corp. 9,772 321
  Empire State Realty Trust Inc. Class A 28,592 313
  Elme Communities 18,455 313
  Xenia Hotels & Resorts Inc. 20,338 313
  Global Net Lease Inc. 41,977 311
  Veris Residential Inc. 16,058 293
  Alexander & Baldwin Inc. 14,867 293
* Opendoor Technologies Inc. 122,665 287
  American Assets Trust Inc. 9,959 283
  JBG SMITH Properties 16,491 282
* Apartment Investment & Management Co. Class A 29,953 265
  Kennedy-Wilson Holdings Inc. 22,518 261
  Piedmont Office Realty Trust Inc. Class A 24,634 235
  eXp World Holdings Inc. 16,956 235
  Centerspace 3,132 227
  Marcus & Millichap Inc. 4,977 207
  Paramount Group Inc. 39,216 191
  SITE Centers Corp. 9,697 150
  Saul Centers Inc. 2,184 90
*,1 Seaport Entertainment Group Inc. 1,689 57
            310,627
Technology (38.6%)
  Apple Inc. 3,059,791 726,180
  NVIDIA Corp. 4,926,050 681,026
  Microsoft Corp. 1,565,350 662,863
  Meta Platforms Inc. Class A 461,181 264,865
  Alphabet Inc. Class A 1,194,045 201,734
  Alphabet Inc. Class C 1,079,559 184,054
  Broadcom Inc. 957,105 155,128
  Salesforce Inc. 197,371 65,130
  Oracle Corp. 330,611 61,110
* Adobe Inc. 93,349 48,162
* Advanced Micro Devices Inc. 338,828 46,479
* ServiceNow Inc. 43,183 45,318
  Texas Instruments Inc. 191,583 38,514
  QUALCOMM Inc. 235,038 37,261
  Intuit Inc. 57,470 36,880
  Applied Materials Inc. 175,157 30,602
* Palantir Technologies Inc. Class A 423,375 28,400
* Palo Alto Networks Inc. 64,810 25,135
  Micron Technology Inc. 232,044 22,729
  Intel Corp. 897,042 21,574
  Lam Research Corp. 274,807 20,303
* AppLovin Corp. Class A 55,125 18,563
  KLA Corp. 28,332 18,332
          Shares Market
Value
($000)
* Synopsys Inc. 32,021 17,883
* Cadence Design Systems Inc. 57,363 17,600
  Marvell Technology Inc. 180,324 16,714
* Crowdstrike Holdings Inc. Class A 47,752 16,521
* Autodesk Inc. 45,350 13,238
* DoorDash Inc. Class A 73,026 13,180
* MicroStrategy Inc. Class A 32,924 12,757
  Roper Technologies Inc. 22,395 12,685
* Fortinet Inc. 132,845 12,627
  NXP Semiconductors NV 53,806 12,342
* Snowflake Inc. Class A 66,658 11,652
* Workday Inc. Class A 44,559 11,139
* Datadog Inc. Class A 62,864 9,603
  Vertiv Holdings Co. Class A 75,209 9,597
* Atlassian Corp. Class A 32,993 8,696
  Cognizant Technology Solutions Corp. Class A 104,730 8,430
* Gartner Inc. 15,845 8,207
  Corning Inc. 161,317 7,851
  Microchip Technology Inc. 111,426 7,596
* HubSpot Inc. 10,299 7,426
  HP Inc. 205,619 7,285
* ON Semiconductor Corp. 90,181 6,414
* Cloudflare Inc. Class A 63,009 6,290
* GoDaddy Inc. Class A 29,750 5,878
  Hewlett Packard Enterprise Co. 273,123 5,796
  Monolithic Power Systems Inc. 9,911 5,626
* Tyler Technologies Inc. 8,886 5,591
  NetApp Inc. 43,392 5,322
* Western Digital Corp. 68,739 5,017
* PTC Inc. 24,899 4,981
  CDW Corp. 28,261 4,972
* MongoDB Inc. Class A 14,858 4,792
* Zoom Communications Inc. Class A 55,463 4,586
  Seagate Technology Holdings plc 40,946 4,149
* Toast Inc. Class A 93,734 4,081
* Zscaler Inc. 19,297 3,987
* Pinterest Inc. Class A 126,653 3,840
* Twilio Inc. Class A 35,982 3,762
* Manhattan Associates Inc. 12,889 3,679
  Teradyne Inc. 32,926 3,622
  Gen Digital Inc. 114,420 3,530
* Guidewire Software Inc. 17,254 3,501
  SS&C Technologies Holdings Inc. 45,117 3,489
* Dynatrace Inc. 62,036 3,486
* Pure Storage Inc. Class A 64,627 3,425
* DocuSign Inc. Class A 42,918 3,420
* Super Micro Computer Inc. 104,194 3,401
  Entegris Inc. 31,782 3,357
* Nutanix Inc. Class A 50,938 3,325
* VeriSign Inc. 17,765 3,325
* Flex Ltd. 83,630 3,259
  Jabil Inc. 23,280 3,162
* Check Point Software Technologies Ltd. 17,255 3,140
* F5 Inc. 12,236 3,063
* Akamai Technologies Inc. 31,598 2,971
  Skyworks Solutions Inc. 33,761 2,957
* EPAM Systems Inc. 11,746 2,865
* CyberArk Software Ltd. 8,839 2,860
* Okta Inc. Class A 33,591 2,605
* Dayforce Inc. 31,899 2,552
  Paycom Software Inc. 10,801 2,505
* Monday.com Ltd. 8,630 2,463
* Wix.com Ltd. 10,654 2,384
  Amdocs Ltd. 24,042 2,085
* Globant SA 8,879 2,022
* Samsara Inc. Class A 37,317 1,996
  TD SYNNEX Corp. 15,818 1,882
* Elastic NV 17,079 1,869
* Procore Technologies Inc. 22,236 1,806
* Fabrinet 7,579 1,778
          Shares Market
Value
($000)
* Match Group Inc. 54,213 1,775
* Onto Innovation Inc. 10,276 1,687
* Kyndryl Holdings Inc. 47,558 1,651
  Universal Display Corp. 9,844 1,620
* SentinelOne Inc. Class A 57,934 1,619
* Confluent Inc. Class A 52,450 1,618
* Lattice Semiconductor Corp. 28,468 1,616
* Gitlab Inc. Class A 25,102 1,600
* Smartsheet Inc. Class A 28,185 1,577
* Maplebear Inc. 36,113 1,577
* Commvault Systems Inc. 9,164 1,572
* Unity Software Inc. 62,595 1,509
* SPS Commerce Inc. 7,721 1,491
*,1 IonQ Inc. 40,481 1,478
* Aspen Technology Inc. 5,729 1,432
* Dropbox Inc. Class A 50,830 1,406
* Qorvo Inc. 19,920 1,375
* Arrow Electronics Inc. 11,269 1,354
* UiPath Inc. Class A 93,817 1,333
* Rambus Inc. 22,903 1,324
* Credo Technology Group Holding Ltd. 26,833 1,314
* Q2 Holdings Inc. 12,206 1,278
* Altair Engineering Inc. Class A 11,963 1,263
* Novanta Inc. 7,566 1,263
* CCC Intelligent Solutions Holdings Inc. 96,216 1,212
* Appfolio Inc. Class A 4,757 1,207
* Global-e Online Ltd. 22,901 1,197
* Qualys Inc. 7,770 1,193
* Cirrus Logic Inc. 11,213 1,171
* Varonis Systems Inc. Class B 22,941 1,146
* Box Inc. Class A 29,615 1,039
  Avnet Inc. 18,841 1,031
* Tenable Holdings Inc. 24,450 1,026
* Workiva Inc. Class A 10,552 1,026
* HashiCorp Inc. Class A 29,556 994
  Dolby Laboratories Inc. Class A 12,288 962
* Impinj Inc. 4,778 918
* Insight Enterprises Inc. 5,824 911
  Advanced Energy Industries Inc. 7,903 909
* GLOBALFOUNDRIES Inc. 20,999 908
* Semtech Corp. 13,736 880
  Pegasystems Inc. 9,238 877
* DXC Technology Co. 37,761 850
* SiTime Corp. 3,833 814
  Dun & Bradstreet Holdings Inc. 63,685 809
* Zeta Global Holdings Corp. Class A 37,253 794
  Power Integrations Inc. 11,884 779
* nCino Inc. 17,800 747
* IAC Inc. 15,727 744
* Silicon Laboratories Inc. 6,708 742
* BlackLine Inc. 11,923 739
* Blackbaud Inc. 8,615 723
* ZoomInfo Technologies Inc. Class A 66,005 722
* Freshworks Inc. Class A 43,931 702
* Cargurus Inc. Class A 18,125 686
* Cleanspark Inc. 47,542 682
* Alarm.com Holdings Inc. 10,148 661
* Synaptics Inc. 8,216 659
* RingCentral Inc. Class A 17,204 647
* Teradata Corp. 20,810 643
* FormFactor Inc. 16,019 642
* Five9 Inc. 15,423 637
* C3.ai Inc. Class A 17,049 634
* DoubleVerify Holdings Inc. 30,743 625
* Diodes Inc. 9,593 624
  Amkor Technology Inc. 23,548 623
* JFrog Ltd. 19,806 617
  Progress Software Corp. 8,818 603
* Ziff Davis Inc. 9,758 574
* Ambarella Inc. 7,820 560
          Shares Market
Value
($000)
  Kulicke & Soffa Industries Inc. 11,544 559
* Allegro MicroSystems Inc. 25,523 555
* Rapid7 Inc. 12,761 544
* Braze Inc. Class A 13,593 540
  Vishay Intertechnology Inc. 26,648 509
* Axcelis Technologies Inc. 6,844 508
* Yelp Inc. Class A 13,251 506
* DigitalOcean Holdings Inc. 13,245 504
* Clarivate plc 83,030 476
* Astera Labs Inc. 4,573 472
  Clear Secure Inc. Class A 18,061 467
* Magnite Inc. 26,635 447
* Informatica Inc. Class A 16,858 447
  Concentrix Corp. 9,745 438
* NCR Voyix Corp. 29,466 428
* LiveRamp Holdings Inc. 13,639 414
* PagerDuty Inc. 19,128 406
* Rogers Corp. 3,893 403
  CTS Corp. 6,375 350
* Sprout Social Inc. Class A 10,539 337
* Verint Systems Inc. 12,802 323
  CSG Systems International Inc. 5,901 323
* NetScout Systems Inc. 14,213 311
* Appian Corp. Class A 8,157 309
* Paycor HCM Inc. 15,281 276
* Matterport Inc. 54,737 261
* Schrodinger Inc. 11,533 260
  Adeia Inc. 21,488 260
* Jamf Holding Corp. 17,190 251
* Asana Inc. Class A 16,190 248
* Wolfspeed Inc. 25,929 248
* ScanSource Inc. 4,874 246
* Fastly Inc. Class A 27,979 237
* MaxLinear Inc. Class A 15,567 236
  Xerox Holdings Corp. 24,419 223
* PROS Holdings Inc. 9,381 217
* Fiverr International Ltd. 6,279 205
* Bumble Inc. Class A 20,253 176
  Shutterstock Inc. 5,339 169
* N-able Inc. 14,875 155
* TechTarget Inc. 4,800 154
  SolarWinds Corp. 11,388 152
* E2open Parent Holdings Inc. 42,069 128
            3,948,538
Telecommunications (2.4%)
  Cisco Systems Inc. 853,445 50,532
  Verizon Communications Inc. 887,001 39,330
  AT&T Inc. 1,511,019 34,995
  Comcast Corp. Class A 808,300 34,910
  T-Mobile US Inc. 101,847 25,150
* Arista Networks Inc. 54,197 21,994
  Motorola Solutions Inc. 34,649 17,314
* Charter Communications Inc. Class A 19,694 7,818
  Juniper Networks Inc. 68,583 2,464
* Ciena Corp. 30,274 2,111
* Roku Inc. Class A 26,626 1,838
* Frontier Communications Parent Inc. 51,492 1,792
* Lumen Technologies Inc. 211,525 1,553
* Lumentum Holdings Inc. 13,949 1,213
  InterDigital Inc. 5,257 1,030
  Cogent Communications Holdings Inc. 9,016 741
  Telephone & Data Systems Inc. 20,491 700
* Liberty Global Ltd. Class C 42,681 624
  Cable One Inc. 1,158 487
* Viavi Solutions Inc. 44,972 447
* Extreme Networks Inc. 25,665 426
* Calix Inc. 12,073 393
* Liberty Global Ltd. Class A 26,292 372
  Ubiquiti Inc. 922 319
          Shares Market
Value
($000)
* Liberty Latin America Ltd. Class C 26,882 186
* Liberty Latin America Ltd. Class A 7,259 51
            248,790
Utilities (0.5%)
  Waste Management Inc. 84,341 19,248
  Republic Services Inc. Class A 43,117 9,412
  Exelon Corp. 210,659 8,334
  American Water Works Co. Inc. 41,077 5,625
* Clean Harbors Inc. 10,730 2,791
  Essential Utilities Inc. 53,000 2,122
* Casella Waste Systems Inc. Class A 12,921 1,463
  Ormat Technologies Inc. 11,244 918
  California Water Service Group 12,454 637
* Sunrun Inc. 45,778 528
  SJW Group 6,737 375
            51,453
Total Common Stocks (Cost $6,930,217) 10,176,017
      Coupon      
Temporary Cash Investments (0.4%)
Money Market Fund (0.4%)
4,5 Vanguard Market Liquidity Fund
(Cost $44,974) 		4.651%   449,799 44,976
Total Investments (99.9%) (Cost $6,975,191)   10,220,993
Other Assets and Liabilities—Net (0.1%)   6,088
Net Assets (100%)   10,227,081
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 $3,839,000.
2 Restricted securities totaling $7,000, representing 0.0% 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 $4,108,000 was received for securities on loan.
  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
E-mini NASDAQ 100 Index December 2024 22 9,237 387
E-mini S&P 500 Index December 2024 142 42,966 1,844
        2,231
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. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value.
B.  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).
C.  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 November 30, 2024, based on the inputs used to value them:
  Level 1
($000) 		Level 2
($000) 		Level 3
($000) 		Total
($000)
Investments        
Assets        
Common Stocks 10,176,010 7 — 10,176,017
Temporary Cash Investments 44,976 — — 44,976
Total 10,220,986 7 — 10,220,993
Derivative Financial Instruments        
Assets        
Futures Contracts1 2,231 — — 2,231
1 Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments.