N-CSRS 1 d390368dncsrs.htm WISDOMTREE TRUST WisdomTree Trust

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-CSR

 

 

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811-21864

 

 

WisdomTree Trust

(Exact name of registrant as specified in charter)

 

 

250 West 34th Street, 3rd Floor

New York, NY 10119

(Address of principal executive offices) (Zip code)

 

 

The Corporation Trust Company

1209 Orange Street

Wilmington, DE 19801

(Name and address of agent for service)

 

 

Registrant’s telephone number, including area code: (866) 909-9473

Date of fiscal year end: March 31

Date of reporting period: September 30, 2022

 

 

Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

 

 

 


Item 1.

Reports to Stockholders.

 

  (a)

The Reports to Shareholders are attached hereto.

 

  (b)

Not applicable.


LOGO

 

LOGO

 

WisdomTree Trust

Semi-Annual Report

September 30, 2022

 

WisdomTree U.S. AI Enhanced Value Fund (AIVL)

WisdomTree U.S. ESG Fund (RESP)

WisdomTree U.S. Growth & Momentum Fund (WGRO)

WisdomTree U.S. High Dividend Fund (DHS)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

WisdomTree U.S. LargeCap Fund (EPS)

WisdomTree U.S. MidCap Dividend Fund (DON)

WisdomTree U.S. MidCap Fund (EZM)

WisdomTree U.S. Multifactor Fund (USMF)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

WisdomTree U.S. SmallCap Dividend Fund (DES)

WisdomTree U.S. SmallCap Fund (EES)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

WisdomTree U.S. Total Dividend Fund (DTD)

WisdomTree U.S. Value Fund (WTV)


Table of Contents

 

Information about Performance and Shareholder Expense Examples (unaudited)

       1  

Performance Summary (unaudited)

       2  

Description of Terms and Indexes (unaudited)

       17  
Schedules of Investments (unaudited)     

WisdomTree U.S. AI Enhanced Value Fund

       20  

WisdomTree U.S. ESG Fund

       23  

WisdomTree U.S. Growth & Momentum Fund

       28  

WisdomTree U.S. High Dividend Fund

       30  

WisdomTree U.S. LargeCap Dividend Fund

       35  

WisdomTree U.S. LargeCap Fund

       40  

WisdomTree U.S. MidCap Dividend Fund

       47  

WisdomTree U.S. MidCap Fund

       52  

WisdomTree U.S. Multifactor Fund

       60  

WisdomTree U.S. Quality Dividend Growth Fund

       64  

WisdomTree U.S. SmallCap Dividend Fund

       69  

WisdomTree U.S. SmallCap Fund

       78  

WisdomTree U.S. SmallCap Quality Dividend Growth Fund

       89  

WisdomTree U.S. Total Dividend Fund

       94  

WisdomTree U.S. Value Fund

       102  

Statements of Assets and Liabilities (unaudited)

       105  

Statements of Operations (unaudited)

       108  

Statements of Changes in Net Assets (unaudited)

       111  

Financial Highlights (unaudited)

       116  

Notes to Financial Statements (unaudited)

       124  

Approval of Investment Advisory and Sub-Advisory Agreements (unaudited)

       134  

General Information (unaudited)

       137  

“WisdomTree” is a registered mark of WisdomTree, Inc. and is licensed for use by the WisdomTree Trust.


Information about Performance and Shareholder Expense Examples (unaudited)

Performance

The performance tables on the following pages are provided for comparative purposes and represent the period noted. Each Fund’s per share net asset value (“NAV”) is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the midpoint of the bid and ask price for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other exchange traded funds (“ETFs”), NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of a Fund’s portfolio securities.

Fund shares are bought and sold at market price (not NAV) and are not individually redeemed from a Fund. Fund NAV returns are calculated using a Fund’s daily 4:00 p.m. eastern time NAV. Market price returns reflect the midpoint of the bid and ask price as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period of less than one year are cumulative.

Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. For the most recent month-end performance information visit www.wisdomtree.com.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and an index is not available for direct investment. In comparison, the Funds’ performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or taxes that a shareholder would pay on Fund distributions. Past performance is no guarantee of future results.

Shareholder Expense Examples

Each Fund’s performance table is accompanied by a shareholder expense example. As a shareholder of a WisdomTree Fund, you incur two types of cost: (1) transaction costs, including brokerage commissions on purchases and sales of your Fund shares and (2) ongoing costs, including management fees and other Fund expenses. The examples are intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.

The examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2022 to September 30, 2022. Except where noted, expenses are calculated using each Fund’s annualized expense ratio (after the effect of contractual or voluntary fee waivers, if any), multiplied by the average account value for the period, multiplied by 183/365 (to reflect the one-half year period). The annualized expense ratio does not include acquired fund fees and expenses (“AFFEs”), which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies.

Actual expenses

The first line in the shareholder expense example table shown on the following pages provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During the Period” to estimate the expenses you paid on your account during the period.

Hypothetical example for comparison purposes

The second line in the shareholder expense example table shown on the following pages provides information about hypothetical account values and hypothetical expenses based on the Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.

 

WisdomTree Trust      1  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree U.S. AI Enhanced Value Fund (AIVL)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    19.8%  

Health Care

    19.2%  

Industrials

    15.3%  

Information Technology

    14.7%  

Materials

    8.9%  

Consumer Staples

    7.4%  

Communication Services

    5.5%  

Consumer Discretionary

    3.4%  

Energy

    3.2%  

Real Estate

    1.0%  

Utilities

    0.8%  

Investment Company

    0.2%  

Other Assets less Liabilities‡

    0.6%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Old Republic International Corp.

    3.8%  

Brown & Brown, Inc.

    3.2%  

Medtronic PLC

    3.2%  

Kinder Morgan, Inc.

    2.9%  

Comcast Corp., Class A

    2.8%  

Roper Technologies, Inc.

    2.8%  

Element Solutions, Inc.

    2.7%  

Agilent Technologies, Inc.

    2.6%  

Intercontinental Exchange, Inc.

    2.6%  

Genpact Ltd.

    2.5%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. AI Enhanced Value Fund (the “Fund”) seeks income and capital appreciation by investing primarily in equity securities selected from a universe of U.S. equities that exhibit value characteristics based on the selection results of a proprietary, quantitative artificial intelligence (“AI”) model developed by the Fund’s sub-adviser, Voya Investment Management Co., LLC. Prior to January 18, 2022, Fund performance reflects the investment objective of the Fund when it was the WisdomTree U.S. Dividend ex-Financials Fund and tracked the price and yield performance, before fees and expenses, of the WisdomTree U.S. Dividend ex-Financials Index (the “Former Index”). In seeking to track the Former Index, the Fund invested in high-dividend-yielding companies in the U.S. excluding the financials sector.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 834.20        0.38   $ 1.75  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.16        0.38   $ 1.93  

Performance

 

   
      Average Annual Total Return  
      6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns1

     -16.58      -11.01      0.83      2.64      7.29

Fund Market Price Returns1

     -16.72      -11.15      0.80      2.64      7.28

Russell 1000 Value Index

     -17.14      -11.36      4.36      5.29      9.17
*

Returns of less than one year are cumulative.

 

1

The Fund’s investment objective changed effective January 18, 2022. Prior to January 18, 2022, the Fund’s investment objective sought to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Dividend ex-Financials Index.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

2   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree U.S. ESG Fund (RESP)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    28.4%  

Health Care

    15.6%  

Consumer Discretionary

    12.1%  

Financials

    11.3%  

Communication Services

    8.5%  

Industrials

    8.4%  

Consumer Staples

    6.9%  

Utilities

    3.0%  

Real Estate

    3.0%  

Materials

    2.7%  

Other Assets less Liabilities‡

    0.1%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Apple, Inc.

    7.0%  

Microsoft Corp.

    5.6%  

Alphabet, Inc., Class A

    4.4%  

Amazon.com, Inc.

    2.7%  

Tesla, Inc.

    1.9%  

Visa, Inc., Class A

    1.4%  

UnitedHealth Group, Inc.

    1.2%  

MasterCard, Inc., Class A

    1.1%  

Johnson & Johnson

    1.1%  

Verizon Communications, Inc.

    0.9%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. ESG Fund (the “Fund”) seeks capital appreciation. The Fund is actively managed using a model-based approach. The Fund seeks to achieve its investment objective by investing primarily in U.S. equity securities that exhibit certain characteristics believed to be indicative of positive future returns as well as incorporating favorable environmental, social, and governance(“ESG”) characteristics.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 801.40        0.28   $ 1.26  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.66        0.28   $ 1.42  

Performance

 

   
      Average Annual Total Return  
      6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns1

     -19.86      -16.84      5.85      7.03      10.48

Fund Market Price Returns1

     -20.04      -16.94      5.79      7.02      10.48

MSCI USA Extended ESG Focus Index2

     -20.86      -18.07      8.37      N/A        N/A  

S&P 500® Index

     -20.20      -15.47      8.16      9.24      11.70
*

Returns of less than one year are cumulative.

 

1

The Fund’s name, investment objective and strategies changed effective March 16, 2020. Prior to March 16, 2020, Fund performance reflects the investment objective of the Fund when it was known as the WisdomTree U.S. Total Market Fund (EXT) and tracked the performance, before fees and expenses, of the WisdomTree U.S. Total Market Index.

 

2

The MSCI USA Extended ESG Focus Index began on March 27, 2018.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      3  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree U.S. Growth & Momentum Fund (WGRO)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    25.5%  

Information Technology

    20.6%  

Health Care

    14.8%  

Materials

    9.9%  

Consumer Staples

    9.5%  

Consumer Discretionary

    8.5%  

Financials

    7.8%  

Communication Services

    3.3%  

Other Assets less Liabilities‡

    0.1%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

World Wrestling Entertainment, Inc., Class A

    2.4%  

FTI Consulting, Inc.

    2.3%  

Merck & Co., Inc.

    2.3%  

Insight Enterprises, Inc.

    2.2%  

Hershey Co.

    2.2%  

CACI International, Inc., Class A

    2.2%  

Vertex Pharmaceuticals, Inc.

    2.1%  

AutoZone, Inc.

    2.1%  

Builders FirstSource, Inc.

    2.0%  

Hostess Brands, Inc.

    2.0%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. Growth & Momentum Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the O’Neil Growth Index (the “Index”), which is comprised of mid- and large capitalization companies that provide exposure to high growth and momentum U.S. listed stocks. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 807.00        0.55   $ 2.49  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.31        0.55   $ 2.79  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      Since Inception1  

Fund NAV Returns

       -19.30      -28.11      -23.15

Fund Market Price Returns

       -19.51      -28.20      -23.15

O’Neil Growth Index

       -19.05      -27.69      -22.70

Russell 1000® Growth Index

       -23.77      -22.59      -16.44

MSCI USA Momentum Index

       -20.50      -23.57      -16.83
*

Returns of less than one year are cumulative.

 

1

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on June 24, 2021.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

4   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree U.S. High Dividend Fund (DHS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Energy

    20.4%  

Health Care

    19.9%  

Consumer Staples

    17.2%  

Financials

    13.9%  

Utilities

    12.3%  

Communication Services

    3.9%  

Real Estate

    3.9%  

Industrials

    2.8%  

Information Technology

    2.5%  

Materials

    1.9%  

Consumer Discretionary

    0.9%  

Investment Company

    0.1%  

Other Assets less Liabilities‡

    0.3%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Exxon Mobil Corp.

    8.0%  

Chevron Corp.

    5.5%  

Pfizer, Inc.

    4.8%  

Coca-Cola Co.

    4.8%  

AbbVie, Inc.

    4.7%  

Philip Morris International, Inc.

    4.6%  

Altria Group, Inc.

    3.9%  

Merck & Co., Inc.

    3.5%  

Verizon Communications, Inc.

    3.5%  

Bristol-Myers Squibb Co.

    2.4%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. High Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. High Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in high dividend yielding companies in the U.S. equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 879.80        0.38   $ 1.79  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.16        0.38   $ 1.93  

Performance

 

   
      Average Annual Total Return  
      6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

     -12.02      1.99      4.51      5.44      8.59

Fund Market Price Returns

     -12.16      1.88      4.51      5.47      8.59

WisdomTree U.S. High Dividend Index

     -11.88      2.43      4.93      5.84      8.99

Russell 1000® Value Index

     -17.14      -11.36      4.36      5.29      9.17

Russell 1000® Index

     -20.51      -17.22      7.95      9.00      11.60
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      5  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

 

Sector Breakdown

 

Sector   % of Net Assets  

Health Care

    17.8%  

Consumer Staples

    15.5%  

Information Technology

    15.0%  

Financials

    12.8%  

Energy

    10.9%  

Industrials

    7.6%  

Utilities

    6.0%  

Consumer Discretionary

    5.1%  

Real Estate

    4.9%  

Communication Services

    2.4%  

Materials

    1.8%  

Investment Company

    0.0%

Other Assets less Liabilities‡

    0.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

Exxon Mobil Corp.

    4.3%  

Microsoft Corp.

    4.0%  

Apple, Inc.

    3.7%  

Johnson & Johnson

    3.4%  

Chevron Corp.

    2.6%  

JPMorgan Chase & Co.

    2.3%  

Pfizer, Inc.

    2.3%  

Coca-Cola Co.

    2.2%  

AbbVie, Inc.

    2.2%  

Philip Morris International, Inc.

    2.1%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. LargeCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. LargeCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying large-cap companies in the U.S. equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 851.90        0.28   $ 1.30  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.66        0.28   $ 1.42  

Performance

 

   
      Average Annual Total Return  
      6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

     -14.81      -5.21      6.36      7.68      10.17

Fund Market Price Returns

     -14.93      -5.29      6.35      7.69      10.17

WisdomTree U.S. LargeCap Dividend Index

     -14.73      -4.87      6.70      8.00      10.50

S&P 500® Index

     -20.20      -15.47      8.16      9.24      11.70

Russell 1000® Value Index

     -17.14      -11.36      4.36      5.29      9.17

Russell 1000 Index

     -20.51      -17.22      7.95      9.00      11.60
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

6   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree U.S. LargeCap Fund (EPS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    22.3%  

Financials

    15.9%  

Health Care

    15.6%  

Communication Services

    11.2%  

Consumer Discretionary

    9.5%  

Consumer Staples

    7.1%  

Industrials

    6.6%  

Energy

    4.9%  

Utilities

    2.8%  

Materials

    2.5%  

Real Estate

    1.4%  

Investment Company

    0.1%  

Other Assets less Liabilities‡

    0.1%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Apple, Inc.

    6.2%  

Alphabet, Inc., Class A

    4.5%  

Microsoft Corp.

    4.0%  

Amazon.com, Inc.

    3.3%  

Meta Platforms, Inc., Class A

    2.7%  

JPMorgan Chase & Co.

    2.1%  

Exxon Mobil Corp.

    1.6%  

Bank of America Corp.

    1.6%  

Berkshire Hathaway, Inc., Class B

    1.6%  

Pfizer, Inc.

    1.3%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. LargeCap Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. LargeCap Index (the “Index”). In seeking to track the Index, the Fund invests in earnings-generating large-cap companies in the U.S. equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 803.20        0.08   $ 0.36  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,024.67        0.08   $ 0.41  

Performance

 

   
      Average Annual Total Return  
      6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

     -19.68      -15.07      6.59      7.73      10.80

Fund Market Price Returns

     -19.85      -15.18      6.56      7.74      10.82

WisdomTree U.S. LargeCap Index

     -19.72      -15.09      6.67      7.89      11.04

S&P 500® Index

     -20.20      -15.47      8.16      9.24      11.70

S&P 500® Value Index

     -16.43      -9.63      5.11      6.17      9.63

Russell 1000 Index

     -20.51      -17.22      7.95      9.00      11.60
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      7  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree U.S. MidCap Dividend Fund (DON)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    23.6%  

Industrials

    12.4%  

Consumer Discretionary

    11.2%  

Utilities

    10.7%  

Energy

    9.5%  

Materials

    9.1%  

Real Estate

    8.8%  

Consumer Staples

    5.5%  

Health Care

    3.2%  

Communication Services

    2.9%  

Information Technology

    2.8%  

Investment Company

    0.0%

Other Assets less Liabilities‡

    0.3%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

Cardinal Health, Inc.

    1.6%  

Evergy, Inc.

    1.5%  

Continental Resources, Inc.

    1.4%  

Conagra Brands, Inc.

    1.3%  

Coterra Energy, Inc.

    1.2%  

Omnicom Group, Inc.

    1.1%  

Fidelity National Financial, Inc.

    1.1%  

Campbell Soup Co.

    1.1%  

OGE Energy Corp.

    1.0%  

J.M. Smucker Co.

    0.9%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. MidCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. MidCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying mid-cap companies in the U.S. equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 862.70        0.38   $ 1.77  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.16        0.38   $ 1.93  

Performance

 

   
      Average Annual Total Return  
      6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

     -13.73      -6.75      3.98      5.12      9.99

Fund Market Price Returns

     -13.93      -6.93      3.94      5.10      9.97

WisdomTree U.S. MidCap Dividend Index

     -13.64      -6.41      4.33      5.47      10.35

S&P MidCap 400® Index

     -17.50      -15.25      6.01      5.82      10.04

Russell MidCap Value Index

     -18.88      -13.56      4.50      4.76      9.44

Russell Midcap Index

     -19.71      -19.39      5.19      6.48      10.30
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

8   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree U.S. MidCap Fund (EZM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    21.7%  

Consumer Discretionary

    16.8%  

Industrials

    14.9%  

Information Technology

    10.9%  

Health Care

    8.1%  

Materials

    7.7%  

Energy

    6.3%  

Utilities

    3.9%  

Real Estate

    3.8%  

Consumer Staples

    3.5%  

Communication Services

    2.8%  

Investment Company

    0.1%  

Other Assets less Liabilities‡

    -0.5%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

NRG Energy, Inc.

    1.0%  

Ovintiv, Inc.

    1.0%  

Unum Group

    0.9%  

Dick’s Sporting Goods, Inc.

    0.8%  

First Horizon Corp.

    0.8%  

APA Corp.

    0.8%  

Reliance Steel & Aluminum Co.

    0.8%  

Chesapeake Energy Corp.

    0.8%  

Cleveland-Cliffs, Inc.

    0.8%  

Jefferies Financial Group, Inc.

    0.8%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. MidCap Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. MidCap Index (the “Index”). In seeking to track the Index, the Fund invests in earnings-generating mid-cap companies in the U.S. equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 810.60        0.38   $ 1.72  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.16        0.38   $ 1.93  

Performance

 

   
      Average Annual Total Return  
      6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

     -18.94      -14.35      5.32      4.97      9.84

Fund Market Price Returns

     -19.15      -14.53      5.26      4.93      9.83

WisdomTree U.S. MidCap Index

     -18.82      -14.08      5.67      5.33      10.18

S&P MidCap 400® Index

     -17.50      -15.25      6.01      5.82      10.04

Russell Midcap Value Index

     -18.88      -13.56      4.50      4.76      9.44

Russell Midcap Index

     -19.71      -19.39      5.19      6.48      10.30
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      9  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree U.S. Multifactor Fund (USMF)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    27.4%  

Health Care

    14.5%  

Consumer Discretionary

    11.5%  

Financials

    11.0%  

Industrials

    8.2%  

Communication Services

    8.0%  

Consumer Staples

    6.4%  

Energy

    4.5%  

Real Estate

    2.9%  

Utilities

    2.9%  

Materials

    2.5%  

Other Assets less Liabilities‡

    0.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Jack Henry & Associates, Inc.

    1.5%  

International Business Machines Corp.

    1.5%  

Akamai Technologies, Inc.

    1.3%  

Switch, Inc., Class A

    1.3%  

Dolby Laboratories, Inc., Class A

    1.2%  

Cognizant Technology Solutions Corp., Class A

    1.2%  

Black Knight, Inc.

    1.1%  

Fiserv, Inc.

    1.1%  

ExlService Holdings, Inc.

    1.1%  

Arrow Electronics, Inc.

    1.1%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. Multifactor Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Multifactor Index (the “Index”). In seeking to track the Index, the Fund invests in U.S. companies with the highest composite scores based on two fundamental factors, value and quality measures, and two technical factors, momentum and correlation. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 842.80        0.28   $ 1.29  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.66        0.28   $ 1.42  

Performance

 

   
      Average Annual Total Return  
      6-Month*      1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

     -15.72      -10.68      5.69      7.25      7.94

Fund Market Price Returns

     -15.82      -10.78      5.64      7.25      7.91

WisdomTree U.S. Multifactor Index

     -15.63      -10.45      5.88      7.43      8.10

S&P 500® Index

     -20.20      -15.47      8.16      9.24      9.71

S&P 500® Equal Weight Index

     -18.46      -13.53      7.68      8.02      8.40

Russell 3000 Index

     -20.42      -17.63      7.70      8.62      9.13
*

Returns of less than one year are cumulative.

 

1

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on June 29, 2017.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

10   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    21.6%  

Consumer Staples

    20.0%  

Health Care

    19.5%  

Industrials

    17.3%  

Consumer Discretionary

    10.1%  

Financials

    4.5%  

Materials

    2.1%  

Communication Services

    2.0%  

Energy

    1.6%  

Real Estate

    0.8%  

Utilities

    0.3%  

Other Assets less Liabilities‡

    0.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Johnson & Johnson

    5.4%  

Apple, Inc.

    4.9%  

Microsoft Corp.

    4.2%  

Merck & Co., Inc.

    3.9%  

Coca-Cola Co.

    3.6%  

Philip Morris International, Inc.

    3.4%  

Procter & Gamble Co.

    3.3%  

UnitedHealth Group, Inc.

    2.9%  

Altria Group, Inc.

    2.9%  

PepsiCo, Inc.

    2.8%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying large-cap companies with growth characteristics in the U.S. equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 857.10        0.28   $ 1.30  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.66        0.28   $ 1.42  

Performance

 

   
     Average Annual Total Return  
     6-Month*     1 Year     3 Year     5 Year     Since Inception1  

Fund NAV Returns

    -14.29     -6.55     8.35     9.50     10.92

Fund Market Price Returns

    -14.40     -6.64     8.34     9.51     10.92

WisdomTree U.S. Quality Dividend Growth Index

    -14.21     -6.33     8.67     9.81     11.24

NASDAQ U.S. Dividend Achievers TM Select Index

    -16.13     -10.69     6.09     9.38     9.71

S&P 500® Index

    -20.20     -15.47     8.16     9.24     10.71

Russell 3000 Index

    -20.42     -17.63     7.70     8.62     10.30
*

Returns of less than one year are cumulative.

 

1

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on May 22, 2013.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      11  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree U.S. SmallCap Dividend Fund (DES)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    26.9%  

Industrials

    16.3%  

Utilities

    11.2%  

Consumer Discretionary

    10.0%  

Real Estate

    8.7%  

Consumer Staples

    6.3%  

Materials

    6.3%  

Information Technology

    4.6%  

Energy

    3.9%  

Communication Services

    3.5%  

Health Care

    2.0%  

Investment Company

    0.1%  

Other Assets less Liabilities‡

    0.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

South Jersey Industries, Inc.

    1.5%  

Cogent Communications Holdings, Inc.

    1.2%  

Spire, Inc.

    1.1%  

New Jersey Resources Corp.

    1.1%  

Greif, Inc., Class A

    1.0%  

ONE Gas, Inc.

    1.0%  

MSC Industrial Direct Co., Inc., Class A

    1.0%  

NorthWestern Corp.

    0.9%  

Xerox Holdings Corp.

    0.9%  

Avista Corp.

    0.9%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the U.S. equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 820.80        0.38   $ 1.73  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.16        0.38   $ 1.93  

Performance

 

   
      Average Annual Total Return  
      6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

     -17.92      -13.96      0.76      1.18      7.47

Fund Market Price Returns

     -18.02      -14.03      0.74      1.18      7.45

WisdomTree U.S. SmallCap Dividend Index

     -17.85      -13.71      1.14      1.53      7.71

Russell 2000® Index

     -19.01      -23.50      4.29      3.55      8.55

Russell 2000® Value Index

     -19.18      -17.69      4.72      2.87      7.94

S&P SmallCap 600 Index

     -18.58      -18.83      5.48      4.84      10.09

* Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

12   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree U.S. SmallCap Fund (EES)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    26.6%  

Industrials

    15.9%  

Consumer Discretionary

    15.5%  

Information Technology

    9.8%  

Health Care

    9.7%  

Consumer Staples

    5.1%  

Energy

    4.4%  

Materials

    4.4%  

Communication Services

    3.4%  

Real Estate

    3.1%  

Utilities

    1.7%  

Investment Company

    0.4%  

Other Assets less Liabilities‡

    0.0%

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

Chord Energy Corp.

    1.2%  

Mr. Cooper Group, Inc.

    1.0%  

Sage Therapeutics, Inc.

    0.8%  

Atlas Air Worldwide Holdings, Inc.

    0.8%  

Boise Cascade Co.

    0.8%  

Comstock Resources, Inc.

    0.8%  

Flagstar Bancorp, Inc.

    0.6%  

Genworth Financial, Inc., Class A

    0.6%  

Ironwood Pharmaceuticals, Inc.

    0.6%  

Agios Pharmaceuticals, Inc.

    0.6%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. SmallCap Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. SmallCap Index (the “Index”). In seeking to track the Index, the Fund invests in earnings-generating small-cap companies in the U.S. equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 822.20        0.38   $ 1.74  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.16        0.38   $ 1.93  

Performance

 

   
      Average Annual Total Return  
      6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

     -17.78      -17.57      4.74      3.83      9.15

Fund Market Price Returns

     -17.92      -17.71      4.73      3.81      9.13

WisdomTree U.S. SmallCap Index

     -17.73      -17.36      5.05      4.12      9.38

Russell 2000® Index

     -19.01      -23.50      4.29      3.55      8.55

Russell 2000 Value Index

     -19.18      -17.69      4.72      2.87      7.94

S&P SmallCap 600 Index

     -18.58      -18.83      5.48      4.84      10.09
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      13  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    24.3%  

Financials

    21.5%  

Consumer Discretionary

    12.8%  

Utilities

    10.9%  

Materials

    9.1%  

Consumer Staples

    5.9%  

Information Technology

    5.4%  

Health Care

    3.5%  

Real Estate

    2.6%  

Communication Services

    2.2%  

Energy

    1.6%  

Other Assets less Liabilities‡

    0.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Spire, Inc.

    2.0%  

EPR Properties

    2.0%  

ONE Gas, Inc.

    1.9%  

MSC Industrial Direct Co., Inc., Class A

    1.8%  

Xerox Holdings Corp.

    1.7%  

Avista Corp.

    1.6%  

Artisan Partners Asset Management, Inc., Class A

    1.6%  

ALLETE, Inc.

    1.6%  

Federated Hermes, Inc.

    1.4%  

Cabot Corp.

    1.4%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. SmallCap Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. SmallCap Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies with growth characteristics in the U.S. equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 816.40        0.38   $ 1.73  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.16        0.38   $ 1.93  

Performance

 

   
     Average Annual Total Return  
     6-Month*     1 Year     3 Year     5 Year     Since Inception1  

Fund NAV Returns

    -18.36     -16.85     2.94     3.38     6.45

Fund Market Price Returns

    -18.43     -16.93     2.92     3.35     6.42

WisdomTree U.S. SmallCap Quality Dividend Growth Index

    -18.25     -16.53     3.30     3.72     6.75

Russell 2000® Index

    -19.01     -23.50     4.29     3.55     6.51

S&P SmallCap 600® Index

    -18.58     -18.83     5.48     4.84     8.11
*

Returns of less than one year are cumulative.

 

1

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on July 25, 2013.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

14   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree U.S. Total Dividend Fund (DTD)

 

Sector Breakdown

 

Sector   % of Net Assets  

Health Care

    16.1%  

Financials

    15.1%  

Consumer Staples

    14.5%  

Information Technology

    13.7%  

Energy

    10.6%  

Industrials

    8.2%  

Utilities

    6.6%  

Consumer Discretionary

    5.7%  

Real Estate

    4.3%  

Communication Services

    2.5%  

Materials

    2.4%  

Other Assets less Liabilities‡

    0.3%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Exxon Mobil Corp.

    3.8%  

Microsoft Corp.

    3.6%  

Apple, Inc.

    3.3%  

Johnson & Johnson

    3.1%  

Chevron Corp.

    2.3%  

JPMorgan Chase & Co.

    2.1%  

Pfizer, Inc.

    2.0%  

Coca-Cola Co.

    2.0%  

AbbVie, Inc.

    2.0%  

Philip Morris International, Inc.

    1.9%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. Total Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in U.S. equities from a broad range of dividend-paying companies. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 853.40        0.28   $ 1.30  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.66        0.28   $ 1.42  

Performance

 

   
      Average Annual Total Return  
      6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

     -14.66      -5.24      5.82      7.13      10.04

Fund Market Price Returns

     -14.80      -5.37      5.79      7.13      10.03

WisdomTree U.S. Dividend Index

     -14.58      -5.00      6.13      7.42      10.35

Russell 3000® Index

     -20.42      -17.63      7.70      8.62      11.39

Russell 3000® Value Index

     -17.27      -11.79      4.37      5.11      9.08
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      15  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree U.S. Value Fund (WTV)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    28.0%  

Health Care

    13.9%  

Consumer Discretionary

    12.2%  

Industrials

    10.9%  

Information Technology

    10.2%  

Energy

    8.2%  

Communication Services

    7.7%  

Materials

    6.2%  

Consumer Staples

    2.0%  

Utilities

    0.5%  

Other Assets less Liabilities‡

    0.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Cigna Corp.

    1.8%  

Allstate Corp.

    1.7%  

Credit Acceptance Corp.

    1.6%  

Cardinal Health, Inc.

    1.4%  

Apple, Inc.

    1.4%  

Goldman Sachs Group, Inc.

    1.4%  

Aflac, Inc.

    1.3%  

Marathon Petroleum Corp.

    1.3%  

Lumen Technologies, Inc.

    1.3%  

Williams Cos., Inc.

    1.3%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. Value Fund (the “Fund”) is actively managed using a model-based approach seeking income and capital appreciation by investing primarily in U.S. equity securities that provide a high total shareholder yield with favorable relative quality characteristics.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 839.90        0.12   $ 0.55  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,024.47        0.12   $ 0.61  

Performance

 

   
      Average Annual Total Return  
      6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns1

     -16.01      -12.16      7.29      7.99      10.04

Fund Market Price Returns1

     -16.18      -12.29      7.25      8.00      10.04

Russell 1000® Value Index

     -17.14      -11.36      4.36      5.29      9.17
*

Returns of less than one year are cumulative.

 

1

The Fund’s investment objective changed effective December 18, 2017. Prior to December 18, 2017, the Fund’s investment objective sought to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. LargeCap Value Index.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

16   WisdomTree Trust


Description of Terms and Indexes (unaudited)

Below are descriptions of certain terms and of each Index referenced in this report:

Correlation is a statistical measure of how two sets of returns move in relation to each other. Correlation coefficients range from -1 to 1. A correlation of 1 means the two subjects of analysis move in lockstep with each other. A correlation of -1 means the two subjects of analysis have moved in exactly the opposite direction.

Factors generally are attributes that are based on its fundamentals or share price

behavior.

Growth is generally characterized by higher price levels relative to fundamentals, such as dividends or earnings. Price levels are higher because investors are willing to pay more due to their expectations of future improvements in these fundamentals.

Momentum is generally characterized by assets with recent price increase trends over time. This term is also associated with the momentum factor which associates these stock characteristics with excess return vs. the market over time.

The MSCI USA Extended ESG Focus Index is designed to maximize exposure to positive environmental, social and governance (ESG) factors while exhibiting risk and return characteristics similar to those of the MSCI USA Index, its parent index.

The MSCI USA Momentum Index is designed to reflect the performance of an equity momentum strategy by emphasizing stocks with high price momentum, while maintaining reasonably high trading liquidity, investment capacity and moderate index

turnover.

The NASDAQ U.S. Dividend AchieversTM Select Index is a capitalization-weighted index that measures the performance of U.S. common stocks that have a history of increasing dividends for at least ten consecutive years.

The O’Neil Growth Index is comprised of mid- and large-cap companies that provide exposure to high growth and momentum U.S. exchange-listed companies.

Quality is generally characterized by higher efficiency and profitability. Typical measures include earnings, return-on-equity, return on assets, operating profitability as well as others. This term is also related to the quality factor, which associates these stock characteristics with excess returns vs. the market over time.

Quintiles refers to separating a universe of companies into five groups of equal size on the basis of dividend yield, price-to-earnings, or return-on-equity, as applicable.

Return-on-Equity (ROE) measures a corporation’s profitability by revealing how much profit a company generates with the money shareholders have invested.

The Russell 1000® Growth Index measures the performance of the large-cap growth segment of the U.S. equity universe.

The Russell 1000® Index represents the top 1,000 companies by market capitalization in the United States.

The Russell 1000® Value Index is a capitalization-weighted index that is comprised of the large-capitalization value segment of the U.S. equity universe, selecting from the Russell 1000 Index.

The Russell 2000® Index is a capitalization-weighted index that is comprised of the smallest 2,000 securities in the Russell 3000 Index, based on total market capitalization.

The Russell 2000® Value Index is a capitalization-weighted index that is comprised of the small-capitalization value segment of the U.S. equity universe, selecting from the Russell 2000 Index.

The Russell 3000® Index is a capitalization-weighted index that is comprised of the 3,000 largest U.S. companies, based on total market capitalization.

The Russell 3000® Value Index is a capitalization-weighted index that measures the performance of the value segment of the broad U.S. equity market, selecting from the Russell 3000 Index.

 

WisdomTree Trust      17  


Description of Terms and Indexes (unaudited) (continued)

 

The Russell MidCap® Index is a market capitalization-weighted index that is comprised of the smallest 800 stocks of the Russell 1000 Index.

The Russell MidCap® Value Index is a capitalization-weighted index that measures the midcap value segment of the U.S. equity universe, selecting from the Russell MidCap Index.

The S&P 500® Equal Weight Index is the equal-weight version of the widely used S&P 500® Index. The index includes the same constituents as the capitalization-weighted S&P 500 Index, but each company is allocated a fixed weight - or 0.2% of the index total at each quarterly rebalance.

The S&P 500® Index is a capitalization-weighted index of 500 stocks selected by the Standard & Poor’s Index Committee, designed to represent the performance of the leading industries in the United States economy.

The S&P 500® Value Index is an index comprised of S&P 500 Index constituents that screen favorably on measures of value such as book value, earnings, and sales to price.

The S&P MidCap 400® Index is a capitalization-weighted index that is comprised of the mid-capitalization range of the U.S. stock market, with stocks selected by the Standard & Poor’s Index Committee.

The S&P SmallCap 600® Index seeks to measure the small-cap segment of the U.S. equity market. The index is designed to track companies that meet specific inclusion criteria to ensure that they are liquid and financially viable.

Shareholder Yield generally refers to a data point that references a combination of dividend yield and buyback yield.

Value is generally characterized by lower price levels relative to fundamentals, such as earnings or dividends. Prices are lower because investors are less certain of the performance of these fundamentals in the future. This term is also related to the value factor, which associates these stock characteristics with excess returns vs. the market over time.

Volatility is a statistical measure of the dispersion of returns for a given security or market index around a particular average level. If the price stays relatively stable, the security has low volatility. A highly volatile security hits new highs and lows quickly, moves erratically, and has rapid increases and dramatic falls.

The WisdomTree U.S. Dividend Index defines the dividend-paying portion of the U.S. stock market.

The WisdomTree U.S. High Dividend Index is comprised of companies with high dividend yields, selected from the WisdomTree U.S. Dividend Index.

The WisdomTree U.S. LargeCap Dividend Index is comprised of the large-capitalization segment of the U.S. dividend-paying market, selected from the WisdomTree U.S. Dividend Index.

The WisdomTree U.S. LargeCap Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the large-capitalization segment of the U.S. stock market.

The WisdomTree U.S. MidCap Dividend Index is comprised of the mid-capitalization segment of the U.S. dividend-paying market, selected from the WisdomTree U.S. Dividend Index.

The WisdomTree U.S. MidCap Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the mid-capitalization segment of the U.S. stock market.

The WisdomTree U.S. Multifactor Index is comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors, value and quality measures, and two technical factors, momentum and correlation.

The WisdomTree U.S. Quality Dividend Growth Index is comprised of dividend-paying stocks with growth characteristics.

 

18   WisdomTree Trust


Description of Terms and Indexes (unaudited) (concluded)

 

The WisdomTree U.S. SmallCap Dividend Index is comprised of the small-capitalization segment of the U.S. dividend-paying market, selected from the WisdomTree U.S. Dividend Index.

The WisdomTree U.S. SmallCap Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the small-capitalization segment of the U.S. stock market.

The WisdomTree U.S. SmallCap Quality Dividend Growth Index is comprised of the small-capitalization segment of dividend-paying stocks with growth characteristics.

Index performance information assumes the reinvestment of dividends and excludes management fees, transaction costs and expenses. You cannot directly invest in an index.

The Dow Jones U.S. Select Dividend Index is calculated, distributed and marketed by Dow Jones Indexes, a licensed trademark of CME Group Index Services LLC, and has been licensed for use.

The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s (“S&P”), a division of The McGraw-Hill Companies, Inc., and is licensed for use by WisdomTree, Inc. Neither MSCI, S&P nor any other party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.

Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.

WisdomTree, Inc. and WisdomTree Asset Management, Inc. (together, “WisdomTree”) and the Funds make no representation or warranty, express or implied, to the owners of shares of the Funds or any member of the public regarding the advisability of investing in securities generally or in the Funds particularly or the ability of the underlying Indexes to track the performance of their underlying securities. WisdomTree is the licensor of certain trademarks, service marks and trade names of the Funds. WisdomTree has no obligation to take the needs of the Funds or the owners of shares of the Funds into consideration in determining, composing, or calculating the underlying WisdomTree Indexes of the applicable Funds. WisdomTree is not responsible for, and has not participated in, the determination of the timing of, prices of, or quantities of shares of the Funds to be issued or in the determination or calculation of the equation by which the shares of the Funds are redeemable. WisdomTree and the Funds do not guarantee the accuracy, completeness, or performance of the underlying Indexes or the data included therein and shall have no liability in connection with the underlying Indexes or their calculation.

 

WisdomTree Trust      19  


Schedule of Investments (unaudited)

WisdomTree U.S. AI Enhanced Value Fund (AIVL)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.2%      
United States – 96.4%      
Aerospace & Defense – 1.3%      

Curtiss-Wright Corp.

     10,652      $ 1,482,332  

HEICO Corp.

     15,729        2,264,662  

Textron, Inc.

     20,946        1,220,314  
     

 

 

 
Total Aerospace & Defense               4,967,308  
Auto Components – 1.2%      

Gentex Corp.

     191,517        4,565,765  
Banks – 4.5%      

Bank of America Corp.

     213,819        6,457,334  

Citigroup, Inc.

     198,988        8,291,830  

U.S. Bancorp

     62,071        2,502,702  
     

 

 

 
Total Banks               17,251,866  
Beverages – 1.0%      

Keurig Dr. Pepper, Inc.

     107,401        3,847,104  
Biotechnology – 2.4%      

Gilead Sciences, Inc.

     150,282        9,270,897  
Building Products – 1.5%      

Allegion PLC

     21,067        1,889,289  

Carrier Global Corp.

     27,834        989,777  

Johnson Controls International PLC

     34,593        1,702,668  

Masco Corp.

     21,405        999,399  
     

 

 

 
Total Building Products               5,581,133  
Capital Markets – 5.3%      

CME Group, Inc.

     36,071        6,389,256  

Franklin Resources, Inc.

     41,767        898,826  

Intercontinental Exchange, Inc.

     108,400        9,793,940  

Janus Henderson Group PLC

     48,394        982,882  

SEI Investments Co.

     19,906        976,389  

Stifel Financial Corp.

     21,296        1,105,476  
     

 

 

 
Total Capital Markets               20,146,769  
Chemicals – 8.1%      

Axalta Coating Systems Ltd.*

     59,200        1,246,752  

Celanese Corp.

     10,215        922,823  

Dow, Inc.

     23,058        1,012,938  

Eastman Chemical Co.

     84,237        5,985,039  

Ecolab, Inc.

     6,912        998,231  

Element Solutions, Inc.

     632,202        10,285,927  

Huntsman Corp.

     41,969        1,029,919  

PPG Industries, Inc.

     69,629        7,707,234  

Valvoline, Inc.

     55,435        1,404,723  
     

 

 

 
Total Chemicals               30,593,586  
Communications Equipment – 1.0%      

Cisco Systems, Inc.

     95,446        3,817,840  
Containers & Packaging – 0.8%      

Amcor PLC

     217,590        2,334,741  

International Paper Co.

     26,162        829,335  
     

 

 

 
Total Containers & Packaging               3,164,076  
Distributors – 0.8%      

LKQ Corp.

     66,289      3,125,526  
Electrical Equipment – 1.3%      

AMETEK, Inc.

     34,072        3,864,105  

Eaton Corp. PLC

     7,969        1,062,746  
     

 

 

 
Total Electrical Equipment               4,926,851  
Electronic Equipment, Instruments & Components – 0.5%

 

  

Corning, Inc.

     71,068        2,062,393  
Entertainment – 0.3%      

Playtika Holding Corp.*(a)

     103,405        970,973  
Equity Real Estate Investment Trusts (REITs) – 1.0%

 

  

First Industrial Realty Trust, Inc.

     22,344        1,001,235  

Medical Properties Trust, Inc.

     163,962        1,944,589  

SBA Communications Corp.

     3,348        953,008  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     3,898,832  
Food & Staples Retailing – 0.3%      

Walmart, Inc.

     8,215        1,065,486  
Food Products – 2.4%      

Conagra Brands, Inc.

     34,205        1,116,109  

Flowers Foods, Inc.

     127,632        3,151,234  

Mondelez International, Inc., Class A

     88,010        4,825,589  
     

 

 

 
Total Food Products               9,092,932  
Gas Utilities – 0.8%      

UGI Corp.

     92,622        2,994,469  
Health Care Equipment & Supplies – 12.0%      

Abbott Laboratories

     43,278        4,187,579  

Baxter International, Inc.

     128,101        6,899,520  

Becton Dickinson and Co.

     4,314        961,289  

Boston Scientific Corp.*

     63,749        2,468,999  

Dentsply Sirona, Inc.

     97,024        2,750,630  

Globus Medical, Inc., Class A*

     36,792        2,191,699  

Integra LifeSciences Holdings Corp.*

     71,206        3,016,286  

Medtronic PLC

     148,616        12,000,742  

Stryker Corp.

     18,254        3,697,165  

Zimmer Biomet Holdings, Inc.

     70,050        7,323,728  
     

 

 

 
Total Health Care Equipment & Supplies               45,497,637  
Hotels, Restaurants & Leisure – 1.4%      

Starbucks Corp.

     48,699        4,103,378  

Wendy’s Co.

     59,041        1,103,476  
     

 

 

 
Total Hotels, Restaurants & Leisure               5,206,854  
Household Products – 1.1%      

Church & Dwight Co., Inc.

     13,007        929,220  

Colgate-Palmolive Co.

     27,844        1,956,041  

Reynolds Consumer Products, Inc.(a)

     48,342        1,257,376  
     

 

 

 
Total Household Products               4,142,637  
Industrial Conglomerates – 2.4%      

3M Co.

     42,731        4,721,776  

Honeywell International, Inc.

     26,452        4,416,690  
     

 

 

 
Total Industrial Conglomerates               9,138,466  

 

See Notes to Financial Statements.

 

20   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. AI Enhanced Value Fund (AIVL)

September 30, 2022

 

 

 

Investments    Shares      Value  
Insurance – 9.5%      

Allstate Corp.

     70,121      $ 8,732,168  

Brown & Brown, Inc.

     198,979        12,034,250  

First American Financial Corp.

     21,167        975,799  

Old Republic International Corp.

     688,014        14,400,133  
     

 

 

 
Total Insurance               36,142,350  
IT Services – 5.4%      

Fidelity National Information Services, Inc.

     11,917        900,568  

Genpact Ltd.

     217,864        9,535,907  

Global Payments, Inc.

     15,777        1,704,705  

SS&C Technologies Holdings, Inc.

     152,315        7,273,041  

Western Union Co.

     73,472        991,872  
     

 

 

 
Total IT Services               20,406,093  
Life Sciences Tools & Services – 3.2%      

Agilent Technologies, Inc.

     81,845        9,948,260  

Bruker Corp.

     24,110        1,279,276  

IQVIA Holdings, Inc.*

     5,120        927,437  
     

 

 

 
Total Life Sciences Tools & Services               12,154,973  
Machinery – 5.9%      

Allison Transmission Holdings, Inc.

     32,432        1,094,905  

Donaldson Co., Inc.

     79,729        3,907,518  

Dover Corp.

     9,062        1,056,448  

Fortive Corp.

     127,231        7,417,567  

Gates Industrial Corp. PLC*

     101,572        991,343  

Otis Worldwide Corp.

     100,714        6,425,553  

Toro Co.

     15,756        1,362,579  
     

 

 

 
Total Machinery               22,255,913  
Media – 5.2%      

Charter Communications, Inc., Class A*

     4,539        1,376,906  

Comcast Corp., Class A

     361,047        10,589,508  

Fox Corp., Class A

     31,857        977,373  

Sirius XM Holdings, Inc.(a)

     1,208,650        6,901,391  
     

 

 

 
Total Media               19,845,178  
Mortgage Real Estate Investment Trusts (REITs) – 0.4%

 

  

AGNC Investment Corp.

     112,986        951,342  

Annaly Capital Management, Inc.

     42,204        724,216  
     

 

 

 
Total Mortgage Real Estate Investment Trusts (REITs)

 

     1,675,558  
Oil, Gas & Consumable Fuels – 3.2%      

Kinder Morgan, Inc.

     665,677        11,076,865  

Williams Cos., Inc.

     31,997        916,074  
     

 

 

 
Total Oil, Gas & Consumable Fuels               11,992,939  
Road & Rail – 1.8%      

CSX Corp.

     261,464        6,965,401  
Semiconductors & Semiconductor Equipment – 2.1%

 

  

Intel Corp.

     311,102        8,017,099  
Software – 5.0%      

Dolby Laboratories, Inc., Class A

     14,867        968,585  

Dropbox, Inc., Class A*

     278,959        5,780,030  

Palantir Technologies, Inc., Class A*

     220,028        1,788,828  

Roper Technologies, Inc.

     29,319        10,544,285  
     

 

 

 
Total Software               19,081,728  
Technology Hardware, Storage & Peripherals – 0.6%

 

  

Hewlett Packard Enterprise Co.

     188,949      2,263,609  
Tobacco – 2.7%      

Altria Group, Inc.

     173,754        7,016,187  

Philip Morris International, Inc.

     36,945        3,066,804  
     

 

 

 
Total Tobacco               10,082,991  
Total United States               366,213,232  
Netherlands – 1.6%      
Life Sciences Tools & Services – 1.6%      

QIAGEN NV*

     146,683        6,055,074  
United Kingdom – 1.2%      
Machinery – 1.2%      

Pentair PLC

     108,641        4,414,084  
TOTAL COMMON STOCKS
(Cost: $461,198,841)
              376,682,390  
EXCHANGE-TRADED FUND – 0.2%      
United States – 0.2%      
iShares Russell 1000 Value ETF
(Cost: $862,976)
     5,781        786,158  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.1%

 

United States – 2.1%      

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(b)

     
(Cost: $8,005,264)      8,005,264        8,005,264  
TOTAL INVESTMENTS IN SECURITIES – 101.5%
(Cost: $470,067,081)
        385,473,812  

Other Assets less Liabilities – (1.5)%

        (5,825,882
     

 

 

 
NET ASSETS – 100.0%             $ 379,647,930  

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $9,129,740 and the total market value of the collateral held by the Fund was $9,565,419. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,560,155.

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

See Notes to Financial Statements.

 

WisdomTree Trust      21  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. AI Enhanced Value Fund (AIVL)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

   $ 376,682,390      $      $      $ 376,682,390  

Exchange-Traded Fund

     786,158                      786,158  

Investment of Cash Collateral for Securities Loaned

            8,005,264               8,005,264  

Total Investments in Securities

   $ 377,468,548      $ 8,005,264      $      $ 385,473,812  

 

See Notes to Financial Statements.

 

22   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. ESG Fund (RESP)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%

 

United States – 99.9%

 

Air Freight & Logistics – 1.1%

 

C.H. Robinson Worldwide, Inc.

     846      $ 81,478  

Expeditors International of Washington, Inc.

     992        87,604  

FedEx Corp.

     1,052        156,190  

United Parcel Service, Inc., Class B

     2,228        359,911  
     

 

 

 
Total Air Freight & Logistics

 

     685,183  
Airlines – 0.2%

 

Alaska Air Group, Inc.*

     3,206        125,515  
Auto Components – 0.1%

 

BorgWarner, Inc.

     2,880        90,432  
Automobiles – 2.7%

 

Ford Motor Co.

     15,141        169,579  

General Motors Co.

     6,138        196,968  

Harley-Davidson, Inc.

     3,249        113,325  

Tesla, Inc.*

     4,623        1,226,251  
     

 

 

 
Total Automobiles

 

     1,706,123  
Banks – 4.0%

 

Bank of America Corp.

     14,835        448,017  

Citigroup, Inc.

     5,265        219,393  

Comerica, Inc.

     1,699        120,799  

Commerce Bancshares, Inc.

     1,136        75,158  

Fifth Third Bancorp

     4,885        156,125  

First Horizon Corp.

     4,432        101,493  

JPMorgan Chase & Co.

     5,115        534,517  

KeyCorp

     8,945        143,299  

PNC Financial Services Group, Inc.

     1,465        218,900  

Regions Financial Corp.

     7,187        144,243  

Truist Financial Corp.

     3,819        166,279  

U.S. Bancorp

     4,198        169,263  
     

 

 

 
Total Banks

 

     2,497,486  
Beverages – 1.5%

 

Brown-Forman Corp., Class B

     2,242        149,250  

Constellation Brands, Inc., Class A

     514        118,055  

Keurig Dr. Pepper, Inc.

     5,123        183,506  

Molson Coors Beverage Co., Class B

     2,542        121,991  

PepsiCo, Inc.

     2,455        400,803  
     

 

 

 
Total Beverages

 

     973,605  
Biotechnology – 3.1%

 

AbbVie, Inc.

     3,257        437,122  

Amgen, Inc.

     1,229        277,017  

Biogen, Inc.*

     926        247,242  

Exelixis, Inc.*

     2,194        34,402  

Gilead Sciences, Inc.

     3,790        233,805  

Halozyme Therapeutics, Inc.*

     1,539        60,852  

Incyte Corp.*

     1,069        71,238  

Moderna, Inc.*

     901        106,543  

Regeneron Pharmaceuticals, Inc.*

     356        245,238  

United Therapeutics Corp.*

     253        52,973  

Vertex Pharmaceuticals, Inc.*

     618        178,936  
     

 

 

 
Total Biotechnology

 

     1,945,368  
Building Products – 1.2%

 

A.O. Smith Corp.

     1,678      81,517  

Carlisle Cos., Inc.

     319        89,451  

Carrier Global Corp.

     4,317        153,513  

Lennox International, Inc.

     557        124,027  

Masco Corp.

     2,576        120,273  

Owens Corning

     2,306        181,275  
     

 

 

 
Total Building Products

 

     750,056  
Capital Markets – 2.2%

 

Ameriprise Financial, Inc.

     523        131,770  

Bank of New York Mellon Corp.

     4,586        176,652  

Cboe Global Markets, Inc.

     500        58,685  

Franklin Resources, Inc.

     4,575        98,454  

Goldman Sachs Group, Inc.

     817        239,422  

Houlihan Lokey, Inc.

     541        40,780  

LPL Financial Holdings, Inc.

     575        125,626  

Morgan Stanley

     3,685        291,152  

Northern Trust Corp.

     1,755        150,158  

SEI Investments Co.

     1,475        72,349  
     

 

 

 
Total Capital Markets

 

     1,385,048  
Chemicals – 1.6%

 

CF Industries Holdings, Inc.

     1,728        166,320  

Corteva, Inc.

     3,968        226,771  

Dow, Inc.

     5,454        239,594  

Huntsman Corp.

     6,093        149,522  

Mosaic Co.

     3,155        152,481  

Westlake Corp.

     829        72,024  
     

 

 

 
Total Chemicals

 

     1,006,712  
Commercial Services & Supplies – 0.9%

 

Clean Harbors, Inc.*

     846        93,043  

Republic Services, Inc.

     1,406        191,272  

Waste Management, Inc.

     1,615        258,739  
     

 

 

 
Total Commercial Services & Supplies

 

     543,054  
Communications Equipment – 0.8%

 

Cisco Systems, Inc.

     12,236        489,440  
Construction & Engineering – 0.4%

 

AECOM

     1,732        118,417  

EMCOR Group, Inc.

     1,386        160,055  
     

 

 

 
Total Construction & Engineering

 

     278,472  
Consumer Finance – 1.0%

 

Ally Financial, Inc.

     2,815        78,342  

American Express Co.

     1,910        257,678  

Capital One Financial Corp.

     1,567        144,430  

Discover Financial Services

     988        89,829  

Synchrony Financial

     3,086        86,994  
     

 

 

 
Total Consumer Finance

 

     657,273  
Containers & Packaging – 0.4%

 

Packaging Corp. of America

     992        111,392  

Sonoco Products Co.

     2,731        154,929  
     

 

 

 
Total Containers & Packaging

 

     266,321  

 

See Notes to Financial Statements.

 

WisdomTree Trust      23  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. ESG Fund (RESP)

September 30, 2022

 

 

 

Investments    Shares      Value  
Distributors – 0.2%

 

Genuine Parts Co.

     501      $ 74,809  

LKQ Corp.

     1,257        59,268  
     

 

 

 
Total Distributors

 

     134,077  
Diversified Consumer Services – 0.4%

 

ADT, Inc.

     12,978        97,205  

H&R Block, Inc.

     1,780        75,721  

Service Corp. International

     943        54,449  
     

 

 

 
Total Diversified Consumer Services

 

     227,375  
Diversified Financial Services – 0.2%

 

Voya Financial, Inc.

     2,460        148,830  
Diversified Telecommunication Services – 1.5%

 

AT&T, Inc.

     27,353        419,595  

Verizon Communications, Inc.

     14,215        539,744  
     

 

 

 
Total Diversified Telecommunication Services

 

     959,339  
Electric Utilities – 1.3%

 

Avangrid, Inc.

     4,802        200,243  

Edison International

     3,168        179,245  

Eversource Energy

     2,764        215,482  

Exelon Corp.

     6,135        229,817  
     

 

 

 
Total Electric Utilities

 

     824,787  
Electrical Equipment – 0.4%

 

Acuity Brands, Inc.

     755        118,890  

Hubbell, Inc.

     460        102,580  
     

 

 

 
Total Electrical Equipment

 

     221,470  
Electronic Equipment, Instruments & Components – 1.1%

 

Arrow Electronics, Inc.*

     1,368        126,116  

Corning, Inc.

     5,337        154,880  

Jabil, Inc.

     3,302        190,558  

Keysight Technologies, Inc.*

     1,414        222,507  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     694,061  
Entertainment – 0.5%

 

Electronic Arts, Inc.

     1,299        150,307  

Endeavor Group Holdings, Inc., Class A*

     8,022        162,526  
     

 

 

 
Total Entertainment

 

     312,833  
Equity Real Estate Investment Trusts (REITs) – 2.4%

 

Apartment Income REIT Corp.

     3,508        135,479  

Camden Property Trust

     1,144        136,651  

First Industrial Realty Trust, Inc.

     1,462        65,512  

Host Hotels & Resorts, Inc.

     11,749        186,574  

Iron Mountain, Inc.

     4,437        195,095  

Kilroy Realty Corp.

     4,690        197,496  

Mid-America Apartment Communities, Inc.

     497        77,070  

Omega Healthcare Investors, Inc.

     1,148        33,854  

Ventas, Inc.

     4,840        194,423  

W.P. Carey, Inc.

     1,363        95,137  

Weyerhaeuser Co.

     6,896        196,950  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     1,514,241  
Food & Staples Retailing – 0.2%

 

Sysco Corp.

     1,874        132,511  
Food Products – 3.3%

 

Archer-Daniels-Midland Co.

     2,081      167,416  

Campbell Soup Co.

     3,216        151,538  

Conagra Brands, Inc.

     4,206        137,242  

Darling Ingredients, Inc.*

     1,381        91,353  

Flowers Foods, Inc.

     3,003        74,144  

General Mills, Inc.

     2,561        196,198  

Hershey Co.

     899        198,203  

Hormel Foods Corp.

     3,359        152,633  

J.M. Smucker Co.

     879        120,783  

Kellogg Co.

     2,347        163,492  

Kraft Heinz Co.

     3,725        124,229  

McCormick & Co., Inc., Non-Voting Shares

     1,881        134,059  

Mondelez International, Inc., Class A

     3,646        199,910  

Pilgrim’s Pride Corp.*

     2,428        55,893  

Post Holdings, Inc.*

     535        43,822  

Tyson Foods, Inc., Class A

     1,329        87,621  
     

 

 

 
Total Food Products

 

     2,098,536  
Gas Utilities – 0.4%

 

Atmos Energy Corp.

     967        98,489  

National Fuel Gas Co.

     1,306        80,384  

UGI Corp.

     3,041        98,316  
     

 

 

 
Total Gas Utilities

 

     277,189  
Health Care Equipment & Supplies – 2.6%

 

Abbott Laboratories

     3,679        355,980  

Baxter International, Inc.

     3,307        178,115  

Becton Dickinson and Co.

     924        205,895  

Boston Scientific Corp.*

     5,284        204,649  

Dentsply Sirona, Inc.

     3,126        88,622  

Edwards Lifesciences Corp.*

     2,476        204,592  

Envista Holdings Corp.*

     1,741        57,122  

Hologic, Inc.*

     1,534        98,974  

Lantheus Holdings, Inc.*

     219        15,402  

Teleflex, Inc.

     306        61,647  

Zimmer Biomet Holdings, Inc.

     1,389        145,220  
     

 

 

 
Total Health Care Equipment & Supplies

 

     1,616,218  
Health Care Providers & Services – 4.9%

 

Acadia Healthcare Co., Inc.*

     546        42,686  

AmerisourceBergen Corp.

     1,141        154,412  

Cardinal Health, Inc.

     1,997        133,160  

Centene Corp.*

     1,442        112,202  

Chemed Corp.

     43        18,772  

Cigna Corp.

     853        236,682  

CVS Health Corp.

     3,145        299,939  

DaVita, Inc.*

     1,411        116,788  

Elevance Health, Inc.

     580        263,459  

HCA Healthcare, Inc.

     632        116,155  

Henry Schein, Inc.*

     1,443        94,906  

Humana, Inc.

     458        222,217  

Laboratory Corp. of America Holdings

     461        94,417  

McKesson Corp.

     451        153,281  

Molina Healthcare, Inc.*

     156        51,455  

Option Care Health, Inc.*

     974        30,652  

 

See Notes to Financial Statements.

 

24   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. ESG Fund (RESP)

September 30, 2022

 

 

 

Investments    Shares      Value  

Quest Diagnostics, Inc.

     1,078      $ 132,260  

Tenet Healthcare Corp.*

     1,556        80,259  

UnitedHealth Group, Inc.

     1,493        754,025  
     

 

 

 
Total Health Care Providers & Services

 

     3,107,727  
Hotels, Restaurants & Leisure – 1.7%

 

Darden Restaurants, Inc.

     1,009        127,457  

Expedia Group, Inc.*

     485        45,440  

Marriott Vacations Worldwide Corp.

     659        80,306  

McDonald’s Corp.

     1,480        341,495  

Starbucks Corp.

     3,132        263,902  

Texas Roadhouse, Inc.

     413        36,038  

Yum! Brands, Inc.

     1,618        172,058  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     1,066,696  
Household Durables – 0.5%

 

Newell Brands, Inc.

     6,710        93,202  

PulteGroup, Inc.

     1,793        67,237  

Whirlpool Corp.

     921        124,160  
     

 

 

 
Total Household Durables

 

     284,599  
Household Products – 1.7%

 

Church & Dwight Co., Inc.

     1,304        93,158  

Clorox Co.

     1,013        130,059  

Colgate-Palmolive Co.

     2,701        189,745  

Kimberly-Clark Corp.

     1,326        149,228  

Procter & Gamble Co.

     3,948        498,435  

Reynolds Consumer Products, Inc.

     717        18,649  
     

 

 

 
Total Household Products

 

     1,079,274  
Industrial Conglomerates – 0.4%

 

3M Co.

     2,377        262,659  
Insurance – 3.9%

 

Aflac, Inc.

     2,941        165,284  

Alleghany Corp.*

     64        53,720  

Allstate Corp.

     1,410        175,587  

American International Group, Inc.

     2,245        106,593  

Assurant, Inc.

     632        91,811  

CNA Financial Corp.

     1,406        51,881  

Fidelity National Financial, Inc.

     1,023        37,033  

First American Financial Corp.

     1,567        72,239  

Globe Life, Inc.

     490        48,853  

Hartford Financial Services Group, Inc.

     2,540        157,328  

Kinsale Capital Group, Inc.

     125        31,927  

Lincoln National Corp.

     2,989        131,247  

Marsh & McLennan Cos., Inc.

     1,254        187,210  

MetLife, Inc.

     3,348        203,491  

Old Republic International Corp.

     576        12,056  

Principal Financial Group, Inc.

     2,226        160,606  

Progressive Corp.

     1,541        179,080  

Prudential Financial, Inc.

     1,948        167,099  

Reinsurance Group of America, Inc.

     640        80,518  

Travelers Cos., Inc.

     1,064        163,005  

Unum Group

     3,225        125,130  

W.R. Berkley Corp.

     1,256        81,112  
     

 

 

 
Total Insurance

 

     2,482,810  
Interactive Media & Services – 4.4%

 

Alphabet, Inc., Class A*

     28,938      2,767,920  
Internet & Direct Marketing Retail – 2.7%

 

Amazon.com, Inc.*

     14,958        1,690,254  
IT Services – 6.7%

 

Akamai Technologies, Inc.*

     1,958        157,267  

Automatic Data Processing, Inc.

     1,488        336,571  

Broadridge Financial Solutions, Inc.

     1,076        155,288  

Cognizant Technology Solutions Corp., Class A

     3,581        205,693  

Concentrix Corp.

     1,100        122,793  

DXC Technology Co.*

     5,508        134,836  

EPAM Systems, Inc.*

     318        115,176  

ExlService Holdings, Inc.*

     815        120,098  

Fidelity National Information Services, Inc.

     2,488        188,018  

Fiserv, Inc.*

     2,100        196,497  

Gartner, Inc.*

     441        122,020  

GoDaddy, Inc., Class A*

     878        62,233  

International Business Machines Corp.

     3,239        384,826  

Jack Henry & Associates, Inc.

     379        69,080  

MasterCard, Inc., Class A

     2,450        696,633  

Switch, Inc., Class A

     4,241        142,879  

Visa, Inc., Class A

     4,873        865,688  

Western Union Co.

     6,946        93,771  

WEX, Inc.*

     459        58,266  
     

 

 

 
Total IT Services

 

     4,227,633  
Leisure Products – 0.2%

 

Hasbro, Inc.

     2,187        147,448  
Life Sciences Tools & Services – 1.2%

 

Agilent Technologies, Inc.

     1,484        180,380  

Thermo Fisher Scientific, Inc.

     707        358,584  

Waters Corp.*

     381        102,691  

West Pharmaceutical Services, Inc.

     439        108,029  
     

 

 

 
Total Life Sciences Tools & Services

 

     749,684  
Machinery – 1.6%

 

AGCO Corp.

     1,247        119,924  

Caterpillar, Inc.

     1,685        276,475  

Deere & Co.

     861        287,479  

Lincoln Electric Holdings, Inc.

     1,042        131,000  

PACCAR, Inc.

     1,381        115,576  

Snap-on, Inc.

     360        72,486  
     

 

 

 
Total Machinery

 

     1,002,940  
Media – 2.1%

 

Charter Communications, Inc., Class A*

     415        125,890  

Comcast Corp., Class A

     13,520        396,541  

Fox Corp., Class A

     2,426        74,430  

Interpublic Group of Cos., Inc.

     7,054        180,582  

Liberty Media Corp. – Liberty SiriusXM, Series C*

     1,052        39,671  

News Corp., Class A

     5,898        89,119  

Nexstar Media Group, Inc., Class A

     133        22,191  

Omnicom Group, Inc.

     2,532        159,744  

Paramount Global, Class B

     7,181        136,726  

Sirius XM Holdings, Inc.(a)

     19,170        109,461  
     

 

 

 
Total Media

 

     1,334,355  

 

See Notes to Financial Statements.

 

WisdomTree Trust      25  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. ESG Fund (RESP)

September 30, 2022

 

 

 

Investments    Shares      Value  
Metals & Mining – 0.6%

 

Nucor Corp.

     1,327      $ 141,976  

Reliance Steel & Aluminum Co.

     520        90,693  

Steel Dynamics, Inc.

     1,590        112,811  

United States Steel Corp.

     3,135        56,806  
     

 

 

 
Total Metals & Mining

 

     402,286  
Multi-Utilities – 0.7%

 

Consolidated Edison, Inc.

     2,370        203,251  

Sempra Energy

     1,750        262,395  
     

 

 

 
Total Multi-Utilities

 

     465,646  
Multiline Retail – 0.4%

 

Target Corp.

     1,618        240,095  
Personal Products – 0.1%

 

Coty, Inc., Class A*

     11,355        71,764  
Pharmaceuticals – 3.8%

 

Bristol-Myers Squibb Co.

     4,766        338,815  

Eli Lilly & Co.

     1,611        520,917  

Johnson & Johnson

     4,245        693,463  

Merck & Co., Inc.

     4,953        426,552  

Pfizer, Inc.

     10,022        438,563  
     

 

 

 
Total Pharmaceuticals

 

     2,418,310  
Professional Services – 0.9%

 

Booz Allen Hamilton Holding Corp.

     1,720        158,842  

FTI Consulting, Inc.*

     710        117,654  

Robert Half International, Inc.

     2,003        153,230  

Verisk Analytics, Inc.

     895        152,624  
     

 

 

 
Total Professional Services

 

     582,350  
Real Estate Management & Development – 0.6%

 

CBRE Group, Inc., Class A*

     3,082        208,066  

Jones Lang LaSalle, Inc.*

     1,177        177,809  
     

 

 

 
Total Real Estate Management & Development

 

     385,875  
Road & Rail – 0.9%

 

Avis Budget Group, Inc.*

     976        144,897  

JB Hunt Transport Services, Inc.

     723        113,092  

Knight-Swift Transportation Holdings, Inc.

     883        43,205  

Landstar System, Inc.

     419        60,491  

Norfolk Southern Corp.

     866        181,557  
     

 

 

 
Total Road & Rail

 

     543,242  
Semiconductors & Semiconductor Equipment – 2.8%

 

Applied Materials, Inc.

     3,871        317,151  

First Solar, Inc.*

     1,671        221,023  

Intel Corp.

     14,442        372,170  

KLA Corp.

     685        207,302  

Lam Research Corp.

     649        237,534  

QUALCOMM, Inc.

     3,468        391,815  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     1,746,995  
Software – 8.9%

 

Adobe, Inc.*

     1,464        402,893  

AppLovin Corp., Class A*(a)

     7,503        146,233  

Black Knight, Inc.*

     1,319        85,379  

Dolby Laboratories, Inc., Class A

     1,848        120,397  

Dropbox, Inc., Class A*

     4,448      92,163  

Fair Isaac Corp.*

     154        63,450  

Microsoft Corp.

     15,245        3,550,560  

NortonLifeLock, Inc.

     9,391        189,135  

Oracle Corp.

     7,297        445,628  

PTC, Inc.*

     725        75,835  

Qualys, Inc.*

     435        60,635  

Synopsys, Inc.*

     649        198,276  

VMware, Inc., Class A

     2,088        222,288  
     

 

 

 
Total Software

 

     5,652,872  
Specialty Retail – 3.0%

 

AutoNation, Inc.*

     257        26,181  

AutoZone, Inc.*

     69        147,793  

Best Buy Co., Inc.

     2,271        143,845  

Home Depot, Inc.

     1,805        498,072  

Lithia Motors, Inc.

     377        80,885  

Lowe’s Cos., Inc.

     1,563        293,547  

O’Reilly Automotive, Inc.*

     98        68,928  

Penske Automotive Group, Inc.

     809        79,630  

TJX Cos., Inc.

     3,497        217,234  

Tractor Supply Co.

     710        131,975  

Ulta Beauty, Inc.*

     223        89,465  

Williams-Sonoma, Inc.

     814        95,930  
     

 

 

 
Total Specialty Retail

 

     1,873,485  
Technology Hardware, Storage & Peripherals – 8.1%

 

Apple, Inc.

     31,923        4,411,758  

Hewlett Packard Enterprise Co.

     17,769        212,873  

HP, Inc.

     9,681        241,250  

NetApp, Inc.

     2,422        149,801  

Western Digital Corp.*

     3,727        121,314  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     5,136,996  
Textiles, Apparel & Luxury Goods – 0.3%

 

Deckers Outdoor Corp.*

     357        111,602  

Tapestry, Inc.

     3,219        91,516  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     203,118  
Trading Companies & Distributors – 0.5%

 

United Rentals, Inc.*

     574        155,049  

Watsco, Inc.

     89        22,914  

WESCO International, Inc.*

     1,102        131,557  
     

 

 

 
Total Trading Companies & Distributors

 

     309,520  
Water Utilities – 0.6%

 

American Water Works Co., Inc.

     1,708        222,313  

Essential Utilities, Inc.

     3,020        124,968  
     

 

 

 
Total Water Utilities

 

     347,281  

TOTAL COMMON STOCKS

(Cost: $60,405,582)

 

 

     63,145,389  

 

See Notes to Financial Statements.

 

26   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. ESG Fund (RESP)

September 30, 2022

 

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.2%

 

United States – 0.2%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(b)

     
(Cost: $133,020)      133,020      $ 133,020  

TOTAL INVESTMENTS IN SECURITIES – 100.1%

(Cost: $60,538,602)

 

 

     63,278,409  

Other Assets less Liabilities – (0.1)%

 

     (63,842
     

 

 

 
NET ASSETS – 100.0%

 

   $ 63,214,567  
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $131,118 and the total market value of the collateral held by the Fund was $134,567. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,547.

 

(b)

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 63,145,389      $      $      $ 63,145,389  

Investment of Cash Collateral for Securities Loaned

            133,020               133,020  

Total Investments in Securities

   $ 63,145,389      $ 133,020      $      $ 63,278,409  

 

See Notes to Financial Statements.

 

WisdomTree Trust      27  


Schedule of Investments (unaudited)

WisdomTree U.S. Growth & Momentum Fund (WGRO)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%      
Canada – 4.7%      
Chemicals – 1.7%      

Nutrien Ltd.

     536      $ 44,692  
Commercial Services & Supplies – 2.0%      

Ritchie Bros Auctioneers, Inc.

     828        51,733  
Metals & Mining – 1.0%      

Teck Resources Ltd., Class B

     850        25,848  
Total Canada               122,273  
Israel – 1.1%      
Software – 1.1%      

Check Point Software Technologies Ltd.*

     246        27,557  
United States – 94.1%      
Aerospace & Defense – 3.2%      

HEICO Corp.

     187        26,924  

Howmet Aerospace, Inc.

     887        27,435  

TransDigm Group, Inc.

     53        27,816  
     

 

 

 
Total Aerospace & Defense               82,175  
Beverages – 2.3%      

Brown-Forman Corp., Class B

     430        28,625  

Constellation Brands, Inc., Class A

     132        30,318  
     

 

 

 
Total Beverages               58,943  
Biotechnology – 6.7%      

Exelixis, Inc.*

     2,859        44,829  

Halozyme Therapeutics, Inc.*

     1,236        48,871  

Seagen, Inc.*

     188        25,724  

Vertex Pharmaceuticals, Inc.*

     186        53,855  
     

 

 

 
Total Biotechnology               173,279  
Building Products – 4.0%      

Builders FirstSource, Inc.*

     889        52,380  

Carlisle Cos., Inc.

     176        49,352  
     

 

 

 
Total Building Products               101,732  
Capital Markets – 1.2%      

LPL Financial Holdings, Inc.

     141        30,806  
Chemicals – 5.0%      

CF Industries Holdings, Inc.

     524        50,435  

Corteva, Inc.

     563        32,176  

Mosaic Co.

     967        46,735  
     

 

 

 
Total Chemicals               129,346  
Commercial Services & Supplies – 2.2%      

Republic Services, Inc.

     210        28,568  

Waste Connections, Inc.

     211        28,513  
     

 

 

 
Total Commercial Services & Supplies               57,081  
Communications Equipment – 1.2%      

Arista Networks, Inc.*

     262        29,577  
Construction & Engineering – 1.2%      

WillScot Mobile Mini Holdings Corp.*

     763        30,772  
Diversified Consumer Services – 1.2%      

Grand Canyon Education, Inc.*

     360        29,610  
Electronic Equipment, Instruments & Components – 2.2%

 

Insight Enterprises, Inc.*

     691      56,945  
Entertainment – 3.3%      

Live Nation Entertainment, Inc.*

     315        23,952  

World Wrestling Entertainment, Inc., Class A

     870        61,048  
     

 

 

 
Total Entertainment               85,000  
Food & Staples Retailing – 1.1%      

Sprouts Farmers Market, Inc.*

     1,032        28,638  
Food Products – 6.1%      

Hershey Co.

     252        55,558  

Hostess Brands, Inc.*

     2,250        52,290  

Post Holdings, Inc.*

     599        49,064  
     

 

 

 
Total Food Products               156,912  
Health Care Equipment & Supplies – 1.1%      

Hologic, Inc.*

     435        28,066  
Health Care Providers & Services – 2.8%      

Centene Corp.*

     591        45,986  

Henry Schein, Inc.*

     402        26,439  
     

 

 

 
Total Health Care Providers & Services               72,425  
Insurance – 6.6%      

Arch Capital Group Ltd.*

     662        30,148  

Arthur J Gallagher & Co.

     287        49,140  

Kinsale Capital Group, Inc.

     132        33,715  

Marsh & McLennan Cos., Inc.

     186        27,768  

W.R. Berkley Corp.

     454        29,319  
     

 

 

 
Total Insurance               170,090  
IT Services – 3.5%      

Automatic Data Processing, Inc.

     133        30,083  

Jack Henry & Associates, Inc.

     192        34,996  

Paychex, Inc.

     232        26,033  
     

 

 

 
Total IT Services               91,112  
Marine – 1.9%      

Kirby Corp.*

     821        49,892  
Metals & Mining – 2.2%      

Commercial Metals Co.

     779        27,639  

Reliance Steel & Aluminum Co.

     165        28,778  
     

 

 

 
Total Metals & Mining               56,417  
Multiline Retail – 1.9%      

Dollar Tree, Inc.*

     354        48,179  
Pharmaceuticals – 4.1%      

Jazz Pharmaceuticals PLC*

     350        46,651  

Merck & Co., Inc.

     690        59,423  
     

 

 

 
Total Pharmaceuticals               106,074  
Professional Services – 6.2%      

CACI International, Inc., Class A*

     212        55,345  

FTI Consulting, Inc.*

     359        59,490  

KBR, Inc.

     1,051        45,424  
     

 

 

 
Total Professional Services               160,259  

 

See Notes to Financial Statements.

 

28   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Growth & Momentum Fund (WGRO)

September 30, 2022

 

 

 

Investments    Shares      Value  
Road & Rail – 3.5%      

Knight-Swift Transportation Holdings, Inc.

     638      $ 31,217  

Old Dominion Freight Line, Inc.

     109        27,116  

Saia, Inc.*

     161        30,590  
     

 

 

 
Total Road & Rail               88,923  
Semiconductors & Semiconductor Equipment – 4.3%      

Analog Devices, Inc.

     190        26,475  

Cirrus Logic, Inc.*

     419        28,827  

Lattice Semiconductor Corp.*

     530        26,081  

ON Semiconductor Corp.*

     454        28,298  
     

 

 

 
Total Semiconductors & Semiconductor Equipment               109,681  
Software – 6.1%      

Aspen Technology, Inc.*

     157        37,397  

Box, Inc., Class A*

     1,164        28,390  

Cadence Design Systems, Inc.*

     185        30,235  

Fair Isaac Corp.*

     77        31,725  

Synopsys, Inc.*

     96        29,329  
     

 

 

 
Total Software               157,076  
Specialty Retail – 5.4%      

AutoNation, Inc.*

     250        25,468  

AutoZone, Inc.*

     25        53,548  

Murphy USA, Inc.

     112        30,790  

O’Reilly Automotive, Inc.*

     43        30,244  
     

 

 

 
Total Specialty Retail               140,050  
Technology Hardware, Storage & Peripherals – 2.3%      

Apple, Inc.

     206        28,469  

Pure Storage, Inc., Class A*

     1,072        29,341  
     

 

 

 
Total Technology Hardware, Storage & Peripherals               57,810  
Trading Companies & Distributors – 1.3%      

W.W. Grainger, Inc.

     67        32,776  
Total United States               2,419,646  

TOTAL INVESTMENTS IN SECURITIES – 99.9%

(Cost: $2,678,382)

        2,569,476  

Other Assets less Liabilities – 0.1%

        1,309  
     

 

 

 
NET ASSETS – 100.0%             $ 2,570,785  
* 

Non-income producing security.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 2,569,476      $      $      $ 2,569,476  

 

See Notes to Financial Statements.

 

WisdomTree Trust      29  


Schedule of Investments (unaudited)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%

 

United States – 99.5%

 

Aerospace & Defense – 1.5%

 

Lockheed Martin Corp.

     44,308      $ 17,115,737  
Banks – 6.4%

 

Associated Banc-Corp.

     26,246        527,020  

Atlantic Union Bankshares Corp.

     11,743        356,752  

Bank of Hawaii Corp.

     8,624        656,459  

Banner Corp.

     5,364        316,905  

Brookline Bancorp, Inc.

     15,958        185,911  

Camden National Corp.

     3,485        148,461  

Cathay General Bancorp

     21,737        836,005  

Central Pacific Financial Corp.

     8,871        183,541  

Citigroup, Inc.

     316,194        13,175,804  

Citizens & Northern Corp.(a)

     6,809        164,642  

Citizens Financial Group, Inc.

     67,765        2,328,405  

City Holding Co.(a)

     4,540        402,653  

Columbia Banking System, Inc.

     13,397        387,039  

Comerica, Inc.

     19,968        1,419,725  

Community Trust Bancorp, Inc.

     4,827        195,735  

CVB Financial Corp.

     23,949        606,389  

Dime Community Bancshares, Inc.

     7,152        209,411  

Farmers National Banc Corp.

     10,063        131,725  

Fifth Third Bancorp

     91,947        2,938,626  

Financial Institutions, Inc.

     5,851        140,834  

First Bancorp, Inc.

     4,770        131,413  

First Busey Corp.

     12,707        279,300  

First Commonwealth Financial Corp.(a)

     20,832        267,483  

First Community Bankshares, Inc.

     5,659        181,258  

First Financial Bancorp(a)

     20,299        427,903  

First Hawaiian, Inc.

     24,074        592,943  

First Horizon Corp.

     95,620        2,189,698  

First Interstate BancSystem, Inc., Class A(a)

     7,933        320,097  

First of Long Island Corp.

     7,355        126,800  

Flushing Financial Corp.

     9,623        186,397  

FNB Corp.

     49,139        570,012  

Fulton Financial Corp.

     23,140        365,612  

HBT Financial, Inc.

     9,878        179,286  

Heritage Commerce Corp.(a)

     21,435        243,073  

Heritage Financial Corp.

     7,412        196,196  

Hope Bancorp, Inc.

     30,471        385,153  

Horizon Bancorp, Inc.

     8,907        159,970  

Independent Bank Corp.

     7,943        151,711  

International Bancshares Corp.

     10,160        431,800  

KeyCorp

     152,410        2,441,608  

Lakeland Bancorp, Inc.

     12,089        193,545  

M&T Bank Corp.

     30,167        5,319,045  

Mercantile Bank Corp.

     4,421        131,348  

Midland States Bancorp, Inc.

     8,825        208,005  

MidWestOne Financial Group, Inc.

     217        5,922  

NBT Bancorp, Inc.

     7,334        278,325  

Northwest Bancshares, Inc.

     33,502        452,612  

OceanFirst Financial Corp.

     10,385        193,576  

Old National Bancorp

     35,733        588,522  

Pacific Premier Bancorp, Inc.

     15,707      486,289  

Park National Corp.(a)

     3,929        489,082  

Peoples Bancorp, Inc.(a)

     7,130        206,271  

Premier Financial Corp.

     7,919        203,518  

Prosperity Bancshares, Inc.

     13,065        871,174  

Regions Financial Corp.

     141,059        2,831,054  

Sandy Spring Bancorp, Inc.

     8,920        314,519  

Southside Bancshares, Inc.

     8,928        315,694  

Synovus Financial Corp.

     19,612        735,646  

Tompkins Financial Corp.(a)

     2,946        213,939  

Truist Financial Corp.

     209,539        9,123,328  

Trustmark Corp.

     8,625        264,184  

U.S. Bancorp

     233,701        9,422,824  

Umpqua Holdings Corp.

     63,670        1,088,120  

United Bankshares, Inc.

     23,144        827,398  

Univest Financial Corp.

     7,785        182,792  

Valley National Bancorp

     58,901        636,131  

Washington Federal, Inc.

     7,102        212,918  

Washington Trust Bancorp, Inc.

     5,295        246,112  

Webster Financial Corp.

     11,496        519,619  

WesBanco, Inc.

     12,712        424,199  

West Bancorp, Inc.

     6,742        140,301  
     

 

 

 
Total Banks

 

     72,265,767  
Beverages – 4.8%

 

Coca-Cola Co.

     964,679        54,041,318  
Biotechnology – 8.6%

 

AbbVie, Inc.

     399,288        53,588,443  

Amgen, Inc.

     92,617        20,875,872  

Gilead Sciences, Inc.

     374,705        23,115,551  
     

 

 

 
Total Biotechnology

 

     97,579,866  
Capital Markets – 3.4%

 

Artisan Partners Asset Management, Inc., Class A(a)

     30,609        824,300  

B. Riley Financial, Inc.(a)

     10,932        486,693  

Blackstone, Inc.

     162,070        13,565,259  

Federated Hermes, Inc.

     14,379        476,232  

Franklin Resources, Inc.

     84,151        1,810,930  

GCM Grosvenor, Inc., Class A(a)

     6,926        54,646  

Moelis & Co., Class A

     17,334        586,063  

Morgan Stanley

     246,825        19,501,643  

Sculptor Capital Management, Inc.(a)

     8,284        73,231  

Virtu Financial, Inc., Class A

     28,147        584,613  
     

 

 

 
Total Capital Markets

 

     37,963,610  
Chemicals – 0.9%

 

Cabot Corp.

     7,337        468,761  

Chemours Co.

     25,929        639,150  

Dow, Inc.

     187,913        8,255,018  

Kronos Worldwide, Inc.

     32,295        301,635  

Mativ Holdings, Inc.

     13,410        296,093  
     

 

 

 
Total Chemicals

 

     9,960,657  
Commercial Services & Supplies – 0.1%

 

ACCO Brands Corp.

     18,679        91,527  

 

See Notes to Financial Statements.

 

30   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Deluxe Corp.

     7,746      $ 128,971  

Ennis, Inc.

     9,252        186,243  

Healthcare Services Group, Inc.

     18,543        224,185  

HNI Corp.

     9,226        244,581  

Pitney Bowes, Inc.

     30,941        72,092  

Steelcase, Inc., Class A

     21,644        141,119  
     

 

 

 
Total Commercial Services & Supplies

 

     1,088,718  
Communications Equipment – 1.9%

 

Cisco Systems, Inc.

     532,006        21,280,240  
Construction & Engineering – 0.1%

 

MDU Resources Group, Inc.

     45,206        1,236,384  
Consumer Finance – 0.2%

 

Navient Corp.

     23,861        350,518  

OneMain Holdings, Inc.

     51,986        1,534,627  
     

 

 

 
Total Consumer Finance

 

     1,885,145  
Containers & Packaging – 0.5%

 

Greif, Inc., Class B(a)

     5,745        349,296  

International Paper Co.

     75,168        2,382,825  

Packaging Corp. of America

     13,569        1,523,663  

Sonoco Products Co.

     14,360        814,643  
     

 

 

 
Total Containers & Packaging

 

     5,070,427  
Diversified Consumer Services – 0.2%

 

H&R Block, Inc.

     38,020        1,617,371  

Strategic Education, Inc.

     4,971        305,269  
     

 

 

 
Total Diversified Consumer Services

 

     1,922,640  
Diversified Telecommunication Services – 3.5%

 

Cogent Communications Holdings, Inc.

     16,139        841,810  

Verizon Communications, Inc.

     1,028,011        39,033,578  
     

 

 

 
Total Diversified Telecommunication Services

 

     39,875,388  
Electric Utilities – 7.7%

 

ALLETE, Inc.

     10,476        524,324  

Alliant Energy Corp.

     33,707        1,786,134  

American Electric Power Co., Inc.

     91,786        7,934,900  

Avangrid, Inc.

     65,628        2,736,688  

Duke Energy Corp.

     145,985        13,579,525  

Edison International

     72,137        4,081,511  

Entergy Corp.

     37,715        3,795,260  

Evergy, Inc.

     56,699        3,367,921  

Eversource Energy

     46,868        3,653,829  

Exelon Corp.

     204,357        7,655,213  

FirstEnergy Corp.

     155,480        5,752,760  

Hawaiian Electric Industries, Inc.

     18,652        646,478  

NRG Energy, Inc.

     40,088        1,534,168  

OGE Energy Corp.

     65,461        2,386,708  

Portland General Electric Co.

     14,597        634,386  

PPL Corp.

     207,124        5,250,593  

Southern Co.

     316,526        21,523,768  
     

 

 

 
Total Electric Utilities

 

     86,844,166  
Energy Equipment & Services – 0.2%

 

Baker Hughes Co.

     125,234        2,624,905  
Equity Real Estate Investment Trusts (REITs) – 3.9%

 

Agree Realty Corp.

     5,130      346,685  

American Assets Trust, Inc.

     4,990        128,343  

Apartment Income REIT Corp.

     9,746        376,391  

Boston Properties, Inc.

     10,513        788,160  

Brandywine Realty Trust

     17,920        120,960  

Brixmor Property Group, Inc.

     38,269        706,828  

Broadstone Net Lease, Inc.

     18,104        281,155  

CareTrust REIT, Inc.

     13,100        237,241  

Community Healthcare Trust, Inc.

     4,946        161,981  

Corporate Office Properties Trust

     11,883        276,042  

Cousins Properties, Inc.

     12,159        283,913  

Crown Castle International Corp.

     38,520        5,568,066  

CubeSmart

     19,958        799,517  

Douglas Emmett, Inc.

     10,902        195,473  

Easterly Government Properties, Inc.

     13,929        219,660  

EPR Properties

     8,546        306,460  

Equity Residential

     29,833        2,005,374  

Essential Properties Realty Trust, Inc.

     11,374        221,224  

Federal Realty Investment Trust

     4,848        436,902  

Four Corners Property Trust, Inc.

     9,993        241,731  

Gaming and Leisure Properties, Inc.

     38,841        1,718,326  

Getty Realty Corp.

     8,885        238,918  

Gladstone Commercial Corp.

     6,015        93,232  

Healthcare Realty Trust, Inc., Class A

     35,543        741,072  

Healthpeak Properties, Inc.

     36,067        826,656  

Highwoods Properties, Inc.

     12,890        347,514  

Hudson Pacific Properties, Inc.

     11,326        124,020  

Industrial Logistics Properties Trust

     8,404        46,222  

Iron Mountain, Inc.

     42,924        1,887,368  

JBG SMITH Properties(a)

     7,473        138,848  

Kilroy Realty Corp.

     9,615        404,888  

Kimco Realty Corp.

     51,388        946,053  

Kite Realty Group Trust

     14,194        244,421  

Lamar Advertising Co., Class A

     9,135        753,546  

LTC Properties, Inc.

     5,842        218,783  

LXP Industrial Trust

     32,675        299,303  

Macerich Co.

     13,433        106,658  

National Retail Properties, Inc.

     23,146        922,600  

National Storage Affiliates Trust

     10,413        432,973  

Necessity Retail REIT, Inc.

     27,529        161,871  

Office Properties Income Trust

     10,103        141,947  

Omega Healthcare Investors, Inc.

     43,276        1,276,209  

One Liberty Properties, Inc.

     4,781        100,497  

Paramount Group, Inc.

     20,402        127,104  

Physicians Realty Trust

     23,234        349,439  

Piedmont Office Realty Trust, Inc., Class A

     14,810        156,394  

PotlatchDeltic Corp.

     7,656        314,202  

Rayonier, Inc.

     10,969        328,741  

Realty Income Corp.

     46,603        2,712,295  

Regency Centers Corp.

     11,089        597,143  

Saul Centers, Inc.

     4,139        155,212  

Simon Property Group, Inc.

     40,563        3,640,529  

SITE Centers Corp.

     10,689        114,479  

 

See Notes to Financial Statements.

 

WisdomTree Trust      31  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2022

 

 

 

Investments    Shares      Value  

SL Green Realty Corp.

     5,225      $ 209,836  

Spirit Realty Capital, Inc.

     18,946        685,087  

STAG Industrial, Inc.

     16,167        459,628  

STORE Capital Corp.

     35,125        1,100,466  

Tanger Factory Outlet Centers, Inc.

     8,247        112,819  

Uniti Group, Inc.

     29,360        204,052  

Ventas, Inc.

     27,488        1,104,193  

VICI Properties, Inc.

     65,305        1,949,354  

W.P. Carey, Inc.

     28,830        2,012,334  

Washington Real Estate Investment Trust

     6,943        121,919  

Welltower, Inc.

     24,066        1,547,925  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     43,877,182  
Food & Staples Retailing – 0.5%

 

SpartanNash Co.

     10,921        316,928  

Walgreens Boots Alliance, Inc.

     164,098        5,152,677  
     

 

 

 
Total Food & Staples Retailing

 

     5,469,605  
Food Products – 2.7%

 

B&G Foods, Inc.

     20,810        343,157  

Campbell Soup Co.

     52,381        2,468,193  

Conagra Brands, Inc.

     91,280        2,978,467  

Flowers Foods, Inc.

     51,099        1,261,634  

General Mills, Inc.

     93,643        7,173,990  

Ingredion, Inc.

     10,141        816,553  

J.M. Smucker Co.

     15,711        2,158,849  

Kellogg Co.

     60,699        4,228,292  

Kraft Heinz Co.

     279,261        9,313,354  
     

 

 

 
Total Food Products

 

     30,742,489  
Gas Utilities – 0.7%

 

Atmos Energy Corp.

     18,593        1,893,697  

National Fuel Gas Co.

     19,721        1,213,828  

New Jersey Resources Corp.

     17,263        668,078  

Northwest Natural Holding Co.

     7,480        324,482  

ONE Gas, Inc.

     8,719        613,730  

South Jersey Industries, Inc.

     27,749        927,372  

Spire, Inc.

     10,813        673,974  

UGI Corp.

     47,836        1,546,538  
     

 

 

 
Total Gas Utilities

 

     7,861,699  
Health Care Providers & Services – 0.4%

 

Cardinal Health, Inc.

     56,378        3,759,285  

National HealthCare Corp.

     2,959        187,423  

Patterson Cos., Inc.

     18,916        454,362  
     

 

 

 
Total Health Care Providers & Services

 

     4,401,070  
Hotels, Restaurants & Leisure – 0.3%

 

Cracker Barrel Old Country Store, Inc.

     4,519        418,369  

Darden Restaurants, Inc.

     19,103        2,413,091  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     2,831,460  
Household Durables – 0.2%

 

Ethan Allen Interiors, Inc.

     8,832        186,709  

Leggett & Platt, Inc.

     25,356        842,326  

MDC Holdings, Inc.

     15,070        413,219  

Newell Brands, Inc.

     87,414        1,214,181  
     

 

 

 
Total Household Durables

 

     2,656,435  
Household Products – 0.6%

 

Energizer Holdings, Inc.(a)

     10,637      267,414  

Kimberly-Clark Corp.

     54,885        6,176,758  

Reynolds Consumer Products, Inc.(a)

     30,722        799,079  
     

 

 

 
Total Household Products

 

     7,243,251  
Independent Power & Renewable Electricity Producers – 0.0%

 

Clearway Energy, Inc., Class A

     11,087        322,632  
Industrial Conglomerates – 0.9%

 

3M Co.

     94,251        10,414,735  
Insurance – 3.6%

 

Aflac, Inc.

     95,055        5,342,091  

Allstate Corp.

     40,995        5,105,107  

CNA Financial Corp.

     46,418        1,712,824  

Donegal Group, Inc., Class A(a)

     10,103        136,289  

Fidelity National Financial, Inc.

     72,525        2,625,405  

First American Financial Corp.

     21,489        990,643  

Horace Mann Educators Corp.

     9,750        344,077  

Mercury General Corp.

     19,273        547,739  

MetLife, Inc.

     132,319        8,042,349  

Old Republic International Corp.

     80,633        1,687,649  

Principal Financial Group, Inc.

     47,009        3,391,699  

Prudential Financial, Inc.

     81,294        6,973,399  

Reinsurance Group of America, Inc.

     9,275        1,166,888  

Safety Insurance Group, Inc.(a)

     5,932        483,814  

Universal Insurance Holdings, Inc.

     9,455        93,132  

Unum Group

     51,187        1,986,056  
     

 

 

 
Total Insurance

 

     40,629,161  
Leisure Products – 0.0%

 

Sturm Ruger & Co., Inc.(a)

     6,465        328,357  
Machinery – 0.0%

 

Trinity Industries, Inc.

     14,565        310,963  
Media – 0.4%

 

Interpublic Group of Cos., Inc.

     58,862        1,506,867  

Omnicom Group, Inc.

     41,416        2,612,935  

Sinclair Broadcast Group, Inc., Class A

     9,430        170,589  
     

 

 

 
Total Media

 

     4,290,391  
Metals & Mining – 0.6%

 

Newmont Corp.

     152,194        6,396,714  

SunCoke Energy, Inc.

     25,496        148,132  
     

 

 

 
Total Metals & Mining

 

     6,544,846  
Multi-Utilities – 3.9%

 

Avista Corp.

     15,435        571,867  

Black Hills Corp.

     11,065        749,432  

CMS Energy Corp.

     60,001        3,494,458  

Consolidated Edison, Inc.

     65,901        5,651,670  

Dominion Energy, Inc.

     134,037        9,263,297  

DTE Energy Co.

     29,288        3,369,584  

NiSource, Inc.

     65,551        1,651,230  

NorthWestern Corp.

     9,182        452,489  

Public Service Enterprise Group, Inc.

     78,881        4,435,479  

Sempra Energy

     53,885        8,079,517  

 

See Notes to Financial Statements.

 

32   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Unitil Corp.

     4,107      $ 190,770  

WEC Energy Group, Inc.

     67,765        6,060,224  
     

 

 

 
Total Multi-Utilities

 

     43,970,017  
Multiline Retail – 0.0%

 

Franchise Group, Inc.

     7,407        179,990  
Oil, Gas & Consumable Fuels – 20.1%

 

Antero Midstream Corp.(a)

     227,436        2,087,862  

Chesapeake Energy Corp.(a)

     16,544        1,558,610  

Chevron Corp.

     434,412        62,411,972  

Civitas Resources, Inc.

     20,180        1,158,130  

Devon Energy Corp.

     392,875        23,623,574  

DTE Midstream LLC*

     25,086        1,301,713  

EOG Resources, Inc.

     97,745        10,921,049  

Equitrans Midstream Corp.

     126,720        947,866  

Exxon Mobil Corp.

     1,034,054        90,283,255  

HF Sinclair Corp.

     33,311        1,793,464  

Kinder Morgan, Inc.

     762,597        12,689,614  

Marathon Petroleum Corp.

     111,337        11,059,104  

ONEOK, Inc.

     134,977        6,916,222  

Sitio Royalties Corp.(a)

     13,301        294,085  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     227,046,520  
Paper & Forest Products – 0.0%

 

Glatfelter Corp.

     3,860        12,005  
Personal Products – 0.0%

 

Nu Skin Enterprises, Inc., Class A

     8,691        290,019  
Pharmaceuticals – 10.8%

 

Bristol-Myers Squibb Co.

     375,364        26,684,627  

Merck & Co., Inc.

     463,056        39,878,383  

Organon & Co.

     70,866        1,658,264  

Pfizer, Inc.

     1,235,764        54,077,032  
     

 

 

 
Total Pharmaceuticals

 

     122,298,306  
Professional Services – 0.0%

 

Resources Connection, Inc.

     9,530        172,207  
Real Estate Management & Development – 0.0%

 

Kennedy-Wilson Holdings, Inc.

     16,763        259,156  
Road & Rail – 0.1%

 

Ryder System, Inc.

     11,095        837,562  
Semiconductors & Semiconductor Equipment – 0.0%

 

NVE Corp.

     3,184        148,534  
Specialty Retail – 0.1%

 

Big 5 Sporting Goods Corp.(a)

     7,817        83,954  

Buckle, Inc.

     14,439        457,139  

Camping World Holdings, Inc., Class A

     10,458        264,796  

Guess?, Inc.(a)

     11,589        170,011  

Rent-A-Center, Inc.

     8,613        150,814  
     

 

 

 
Total Specialty Retail

 

     1,126,714  
Technology Hardware, Storage & Peripherals – 0.6%

 

Hewlett Packard Enterprise Co.

     201,280        2,411,334  

HP, Inc.

     152,993        3,812,586  

Xerox Holdings Corp.

     42,862        560,635  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     6,784,555  
Textiles, Apparel & Luxury Goods – 0.1%

 

Hanesbrands, Inc.(a)

     58,898      409,930  

Kontoor Brands, Inc.(a)

     9,523        320,068  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     729,998  
Thrifts & Mortgage Finance – 0.3%

 

Capitol Federal Financial, Inc.

     19,880        165,004  

Federal Agricultural Mortgage Corp., Class C(a)

     2,283        226,337  

New York Community Bancorp, Inc.(a)

     125,444        1,070,037  

Northfield Bancorp, Inc.(a)

     12,545        179,519  

Provident Financial Services, Inc.

     25,491        497,075  

TFS Financial Corp.

     84,324        1,096,212  

TrustCo Bank Corp.

     5,682        178,528  

UWM Holdings Corp.(a)

     15,680        45,942  
     

 

 

 
Total Thrifts & Mortgage Finance

 

     3,458,654  
Tobacco – 8.6%

 

Altria Group, Inc.

     1,088,075        43,936,468  

Philip Morris International, Inc.

     624,185        51,813,597  

Universal Corp.

     12,265        564,681  

Vector Group Ltd.

     58,882        518,750  
     

 

 

 
Total Tobacco

 

     96,833,496  
Trading Companies & Distributors – 0.1%

 

MSC Industrial Direct Co., Inc., Class A

     8,240        599,954  
Wireless Telecommunication Services – 0.0%

 

Telephone and Data Systems, Inc.

     20,224        281,114  
Total United States

 

     1,123,708,045  
Puerto Rico – 0.1%

 

Banks – 0.1%

 

First Bancorp

     44,637        610,634  

TOTAL COMMON STOCKS

(Cost: $1,138,276,510)

 

 

     1,124,318,679  
EXCHANGE-TRADED FUND – 0.1%

 

United States – 0.1%

 

WisdomTree U.S. Total Dividend Fund(b)

(Cost: $1,236,613)

     22,292        1,209,564  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.2%

 

United States – 0.2%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(c)

     
(Cost: $2,153,937)      2,153,937        2,153,937  

TOTAL INVESTMENTS IN SECURITIES – 99.9%

(Cost: $1,141,667,060)

 

 

     1,127,682,180  

Other Assets less Liabilities – 0.1%

 

     1,260,147  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,128,942,327  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $10,679,125 and the total market value of the collateral held by the Fund was $11,039,106. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $8,885,169.

 

(b) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

See Notes to Financial Statements.

 

WisdomTree Trust      33  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2022

 

INVESTMENT IN AFFILIATES               

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate   Value at
3/31/2022
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2022
    Dividend
Income
 

WisdomTree U.S. Total Dividend Fund

  $ 1,605,865     $ 6,897,325     $ 6,899,304     $ (329,380   $ (64,942   $ 1,209,564     $ 25,721  

 

FAIR VALUATION SUMMARY               

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

        

Investments in Securities

  

Common Stocks

   $ 1,124,318,679      $      $      $ 1,124,318,679  

Exchange-Traded Fund

     1,209,564                      1,209,564  

Investment of Cash Collateral for Securities Loaned

            2,153,937               2,153,937  

Total Investments in Securities

   $ 1,125,528,243      $ 2,153,937      $      $ 1,127,682,180  

 

See Notes to Financial Statements.

 

34   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

United States – 99.8%

 

Aerospace & Defense – 2.1%

 

General Dynamics Corp.

     47,968      $ 10,177,371  

HEICO Corp.

     1,160        167,017  

L3Harris Technologies, Inc.

     25,767        5,355,156  

Lockheed Martin Corp.

     58,267        22,507,959  

Northrop Grumman Corp.

     27,020        12,708,046  

Raytheon Technologies Corp.

     230,977        18,907,777  
     

 

 

 
Total Aerospace & Defense

 

     69,823,326  
Air Freight & Logistics – 0.6%

 

Expeditors International of Washington, Inc.

     14,398        1,271,487  

FedEx Corp.

     18,351        2,724,573  

United Parcel Service, Inc., Class B

     102,044        16,484,188  
     

 

 

 
Total Air Freight & Logistics

 

     20,480,248  
Automobiles – 0.2%

 

Ford Motor Co.

     499,179        5,590,805  
Banks – 6.1%

 

Bank of America Corp.

     1,046,647        31,608,739  

Citigroup, Inc.

     412,773        17,200,251  

Citizens Financial Group, Inc.

     76,171        2,617,236  

Fifth Third Bancorp

     149,169        4,767,441  

First Republic Bank

     7,743        1,010,849  

JPMorgan Chase & Co.

     722,118        75,461,331  

KeyCorp

     174,454        2,794,753  

M&T Bank Corp.

     26,092        4,600,541  

PNC Financial Services Group, Inc.

     65,798        9,831,537  

Regions Financial Corp.

     239,252        4,801,788  

Signature Bank

     450        67,950  

Truist Financial Corp.

     301,450        13,125,133  

U.S. Bancorp

     328,538        13,246,652  

Wells Fargo & Co.

     414,459        16,669,541  
     

 

 

 
Total Banks

 

     197,803,742  
Beverages – 4.4%

 

Brown-Forman Corp., Class B

     38,944        2,592,502  

Coca-Cola Co.

     1,304,703        73,089,462  

Constellation Brands, Inc., Class A

     13,774        3,163,612  

Keurig Dr. Pepper, Inc.

     178,934        6,409,416  

PepsiCo, Inc.

     358,366        58,506,833  
     

 

 

 
Total Beverages

 

     143,761,825  
Biotechnology – 4.1%

 

AbbVie, Inc.

     540,851        72,587,612  

Amgen, Inc.

     125,002        28,175,451  

Gilead Sciences, Inc.

     506,184        31,226,491  
     

 

 

 
Total Biotechnology

 

     131,989,554  
Building Products – 0.0%

 

Carrier Global Corp.

     35,532        1,263,518  
Capital Markets – 3.9%

 

Ameriprise Financial, Inc.

     13,624        3,432,567  

Bank of New York Mellon Corp.

     121,187        4,668,123  

BlackRock, Inc.

     19,627        10,800,345  

Blackstone, Inc.

     213,362        17,858,399  

Carlyle Group, Inc.

     51,608      1,333,551  

Charles Schwab Corp.

     101,384        7,286,468  

CME Group, Inc.

     40,210        7,122,397  

FactSet Research Systems, Inc.

     1,451        580,560  

Goldman Sachs Group, Inc.

     46,239        13,550,339  

Intercontinental Exchange, Inc.

     38,685        3,495,190  

KKR & Co., Inc.

     54,289        2,334,427  

Moody’s Corp.

     14,531        3,532,631  

Morgan Stanley

     324,857        25,666,952  

MSCI, Inc.

     4,534        1,912,396  

Nasdaq, Inc.

     70,239        3,981,146  

Northern Trust Corp.

     36,437        3,117,550  

Raymond James Financial, Inc.

     18,012        1,779,946  

S&P Global, Inc.

     15,706        4,795,827  

State Street Corp.

     50,490        3,070,297  

T. Rowe Price Group, Inc.

     49,372        5,184,554  
     

 

 

 
Total Capital Markets

 

     125,503,665  
Chemicals – 1.2%

 

Air Products and Chemicals, Inc.

     27,201        6,330,489  

Albemarle Corp.

     6,859        1,813,794  

Corteva, Inc.

     51,129        2,922,022  

Dow, Inc.

     250,872        11,020,807  

DuPont de Nemours, Inc.

     67,828        3,418,531  

Ecolab, Inc.

     16,271        2,349,858  

International Flavors & Fragrances, Inc.

     31,838        2,891,846  

PPG Industries, Inc.

     23,254        2,573,985  

Sherwin-Williams Co.

     19,962        4,087,219  
     

 

 

 
Total Chemicals

 

     37,408,551  
Commercial Services & Supplies – 0.6%

 

Cintas Corp.

     9,212        3,576,006  

Republic Services, Inc.

     50,756        6,904,846  

Waste Management, Inc.

     53,659        8,596,709  
     

 

 

 
Total Commercial Services & Supplies

 

     19,077,561  
Communications Equipment – 1.0%

 

Cisco Systems, Inc.

     738,613        29,544,520  

Motorola Solutions, Inc.

     18,176        4,070,879  

Ubiquiti, Inc.(a)

     1,247        366,069  
     

 

 

 
Total Communications Equipment

 

     33,981,468  
Construction Materials – 0.0%

 

Martin Marietta Materials, Inc.

     3,531        1,137,300  
Consumer Finance – 0.6%

 

American Express Co.

     61,071        8,239,088  

Capital One Financial Corp.

     41,011        3,779,984  

Discover Financial Services

     42,053        3,823,459  

Synchrony Financial

     91,967        2,592,550  
     

 

 

 
Total Consumer Finance

 

     18,435,081  
Containers & Packaging – 0.2%

 

Avery Dennison Corp.

     12,178        1,981,361  

Ball Corp.

     11,421        551,863  

International Paper Co.

     108,186        3,429,496  
     

 

 

 
Total Containers & Packaging

 

     5,962,720  

 

See Notes to Financial Statements.

 

WisdomTree Trust      35  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

September 30, 2022

 

 

 

Investments    Shares      Value  
Distributors – 0.2%

 

Genuine Parts Co.

     31,340      $ 4,679,689  

Pool Corp.

     1,680        534,593  
     

 

 

 
Total Distributors

 

     5,214,282  
Diversified Financial Services – 0.1%

 

Apollo Global Management, Inc.

     58,776        2,733,084  
Diversified Telecommunication Services – 1.6%

 

Verizon Communications, Inc.

     1,402,646        53,258,469  
Electric Utilities – 4.2%

 

American Electric Power Co., Inc.

     123,861        10,707,784  

Avangrid, Inc.

     84,162        3,509,555  

Duke Energy Corp.

     197,586        18,379,450  

Edison International

     91,609        5,183,237  

Entergy Corp.

     48,446        4,875,121  

Eversource Energy

     58,371        4,550,603  

Exelon Corp.

     260,807        9,769,830  

FirstEnergy Corp.

     214,333        7,930,321  

NextEra Energy, Inc.

     346,108        27,138,328  

PPL Corp.

     265,445        6,729,031  

Southern Co.

     427,322        29,057,896  

Xcel Energy, Inc.

     116,041        7,426,624  
     

 

 

 
Total Electric Utilities

 

     135,257,780  
Electrical Equipment – 0.3%

 

AMETEK, Inc.

     9,815        1,113,119  

Emerson Electric Co.

     93,742        6,863,790  

Rockwell Automation, Inc.

     13,074        2,812,348  
     

 

 

 
Total Electrical Equipment

 

     10,789,257  
Electronic Equipment, Instruments & Components – 0.3%

 

Amphenol Corp., Class A

     47,303        3,167,409  

CDW Corp.

     10,740        1,676,299  

Corning, Inc.

     123,226        3,576,019  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     8,419,727  
Energy Equipment & Services – 0.2%

 

Baker Hughes Co.

     213,869        4,482,694  

Halliburton Co.

     72,540        1,785,935  
     

 

 

 
Total Energy Equipment & Services

 

     6,268,629  
Entertainment – 0.1%

 

Activision Blizzard, Inc.

     38,131        2,834,658  

Electronic Arts, Inc.

     10,818        1,251,751  
     

 

 

 
Total Entertainment

 

     4,086,409  
Equity Real Estate Investment Trusts (REITs) – 4.8%

 

Alexandria Real Estate Equities, Inc.

     27,376        3,837,841  

American Tower Corp.

     84,512        18,144,726  

AvalonBay Communities, Inc.

     36,443        6,712,436  

Boston Properties, Inc.

     35,738        2,679,278  

Camden Property Trust

     8,720        1,041,604  

Crown Castle International Corp.

     134,051        19,377,072  

Digital Realty Trust, Inc.

     58,162        5,768,507  

Duke Realty Corp.

     56,388        2,717,902  

Equinix, Inc.

     8,577        4,878,941  

Equity Residential

     103,580        6,962,648  

Essex Property Trust, Inc.

     12,875      3,118,711  

Extra Space Storage, Inc.

     37,215        6,427,403  

Healthpeak Properties, Inc.

     157,119        3,601,167  

Invitation Homes, Inc.

     77,016        2,600,830  

Mid-America Apartment Communities, Inc.

     25,554        3,962,659  

Prologis, Inc.

     85,083        8,644,433  

Public Storage

     43,875        12,847,039  

Realty Income Corp.

     150,228        8,743,270  

SBA Communications Corp.

     5,603        1,594,894  

Simon Property Group, Inc.

     135,379        12,150,265  

Sun Communities, Inc.

     16,025        2,168,663  

UDR, Inc.

     38,587        1,609,464  

Ventas, Inc.

     82,255        3,304,183  

VICI Properties, Inc.

     211,689        6,318,917  

Welltower, Inc.

     84,472        5,433,239  

Weyerhaeuser Co.

     111,455        3,183,155  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     157,829,247  
Food & Staples Retailing – 2.1%

 

Costco Wholesale Corp.

     27,957        13,203,252  

Kroger Co.

     117,002        5,118,837  

Sysco Corp.

     87,111        6,159,619  

Walgreens Boots Alliance, Inc.

     209,572        6,580,561  

Walmart, Inc.

     296,478        38,453,197  
     

 

 

 
Total Food & Staples Retailing

 

     69,515,466  
Food Products – 2.0%

 

Archer-Daniels-Midland Co.

     128,151        10,309,748  

General Mills, Inc.

     143,305        10,978,596  

Hershey Co.

     25,124        5,539,088  

Hormel Foods Corp.

     74,376        3,379,645  

Kellogg Co.

     98,821        6,883,871  

Kraft Heinz Co.

     352,293        11,748,972  

McCormick & Co., Inc., Non-Voting Shares

     31,838        2,269,094  

Mondelez International, Inc., Class A

     201,487        11,047,532  

Tyson Foods, Inc., Class A

     55,016        3,627,205  
     

 

 

 
Total Food Products

 

     65,783,751  
Health Care Equipment & Supplies – 1.2%

 

Abbott Laboratories

     237,286        22,959,793  

Baxter International, Inc.

     40,580        2,185,639  

Becton Dickinson and Co.

     26,418        5,886,723  

Cooper Cos., Inc.

     100        26,390  

ResMed, Inc.

     7,402        1,615,857  

Stryker Corp.

     25,025        5,068,563  

Zimmer Biomet Holdings, Inc.

     10,255        1,072,160  
     

 

 

 
Total Health Care Equipment & Supplies

 

     38,815,125  
Health Care Providers & Services – 2.8%

 

AmerisourceBergen Corp.

     23,291        3,151,971  

Cigna Corp.

     38,629        10,718,389  

CVS Health Corp.

     199,027        18,981,205  

Elevance Health, Inc.

     19,280        8,757,747  

HCA Healthcare, Inc.

     13,738        2,524,907  

Humana, Inc.

     5,619        2,726,282  

McKesson Corp.

     8,309        2,823,980  

 

See Notes to Financial Statements.

 

36   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

September 30, 2022

 

 

 

Investments    Shares      Value  

Quest Diagnostics, Inc.

     20,752      $ 2,546,063  

UnitedHealth Group, Inc.

     80,178        40,493,097  
     

 

 

 
Total Health Care Providers & Services

 

     92,723,641  
Hotels, Restaurants & Leisure – 1.7%

 

Darden Restaurants, Inc.

     20,701        2,614,950  

Domino’s Pizza, Inc.

     2,709        840,332  

McDonald’s Corp.

     155,884        35,968,674  

MGM Resorts International

     11,315        336,282  

Starbucks Corp.

     129,506        10,912,176  

Yum! Brands, Inc.

     48,574        5,165,359  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     55,837,773  
Household Durables – 0.1%

 

D.R. Horton, Inc.

     27,316        1,839,733  

Lennar Corp., Class A

     19,857        1,480,339  
     

 

 

 
Total Household Durables

 

     3,320,072  
Household Products – 2.9%

 

Church & Dwight Co., Inc.

     20,014        1,429,800  

Clorox Co.

     25,233        3,239,665  

Colgate-Palmolive Co.

     180,394        12,672,678  

Kimberly-Clark Corp.

     82,098        9,239,309  

Procter & Gamble Co.

     546,855        69,040,444  
     

 

 

 
Total Household Products

 

     95,621,896  
Industrial Conglomerates – 0.9%

 

3M Co.

     132,685        14,661,692  

General Electric Co.

     16,369        1,013,405  

Honeywell International, Inc.

     82,243        13,732,114  
     

 

 

 
Total Industrial Conglomerates

 

     29,407,211  
Insurance – 2.3%

 

Aflac, Inc.

     125,250        7,039,050  

Allstate Corp.

     54,917        6,838,814  

American International Group, Inc.

     128,051        6,079,861  

Arthur J Gallagher & Co.

     22,253        3,810,159  

Brown & Brown, Inc.

     14,089        852,103  

Cincinnati Financial Corp.

     31,390        2,811,602  

Hartford Financial Services Group, Inc.

     40,140        2,486,271  

Marsh & McLennan Cos., Inc.

     68,901        10,286,230  

MetLife, Inc.

     196,174        11,923,456  

Principal Financial Group, Inc.

     53,231        3,840,617  

Progressive Corp.

     23,294        2,706,996  

Prudential Financial, Inc.

     102,592        8,800,342  

Travelers Cos., Inc.

     39,669        6,077,291  
     

 

 

 
Total Insurance

 

     73,552,792  
Internet & Direct Marketing Retail – 0.1%

 

eBay, Inc.

     61,446        2,261,827  
IT Services – 1.5%

 

Automatic Data Processing, Inc.

     54,317        12,285,962  

Broadridge Financial Solutions, Inc.

     14,827        2,139,833  

Cognizant Technology Solutions Corp., Class A

     41,031        2,356,821  

MasterCard, Inc., Class A

     35,397        10,064,783  

Paychex, Inc.

     70,752        7,939,082  

SS&C Technologies Holdings, Inc.

     11,067        528,449  

Visa, Inc., Class A

     77,542      13,775,336  
     

 

 

 
Total IT Services

 

     49,090,266  
Life Sciences Tools & Services – 0.3%

 

Agilent Technologies, Inc.

     18,766        2,281,007  

Bio-Techne Corp.

     1,647        467,748  

Danaher Corp.

     16,849        4,351,928  

PerkinElmer, Inc.

     1,260        151,616  

Thermo Fisher Scientific, Inc.

     6,931        3,515,334  

West Pharmaceutical Services, Inc.

     834        205,231  
     

 

 

 
Total Life Sciences Tools & Services

 

     10,972,864  
Machinery – 1.6%

 

Caterpillar, Inc.

     80,310        13,177,265  

Cummins, Inc.

     23,980        4,880,170  

Deere & Co.

     24,703        8,248,085  

Dover Corp.

     23,259        2,711,534  

Fortive Corp.

     10,684        622,877  

IDEX Corp.

     1,396        278,991  

Illinois Tool Works, Inc.

     66,210        11,960,837  

Ingersoll Rand, Inc.

     3,680        159,197  

Otis Worldwide Corp.

     46,016        2,935,821  

PACCAR, Inc.

     35,592        2,978,694  

Parker-Hannifin Corp.

     11,694        2,833,573  

Stanley Black & Decker, Inc.

     17,483        1,314,896  

Westinghouse Air Brake Technologies Corp.

     9,041        735,485  

Xylem, Inc.

     8,204        716,701  
     

 

 

 
Total Machinery

 

     53,554,126  
Media – 0.6%

 

Comcast Corp., Class A

     573,392        16,817,587  

Fox Corp., Class A

     48,476        1,487,244  

Sirius XM Holdings, Inc.(a)

     243,907        1,392,709  
     

 

 

 
Total Media

 

     19,697,540  
Metals & Mining – 0.4%

 

Freeport-McMoRan, Inc.

     58,045        1,586,370  

Newmont Corp.

     193,003        8,111,916  

Nucor Corp.

     37,542        4,016,618  
     

 

 

 
Total Metals & Mining

 

     13,714,904  
Multi-Utilities – 1.8%

 

Ameren Corp.

     42,799        3,447,459  

CMS Energy Corp.

     69,809        4,065,676  

Consolidated Edison, Inc.

     83,754        7,182,743  

Dominion Energy, Inc.

     179,261        12,388,728  

DTE Energy Co.

     44,277        5,094,069  

Public Service Enterprise Group, Inc.

     115,911        6,517,675  

Sempra Energy

     72,772        10,911,434  

WEC Energy Group, Inc.

     87,667        7,840,060  
     

 

 

 
Total Multi-Utilities

 

     57,447,844  
Multiline Retail – 0.4%

 

Dollar General Corp.

     10,122        2,427,863  

Target Corp.

     73,440        10,897,762  
     

 

 

 
Total Multiline Retail

 

     13,325,625  

 

See Notes to Financial Statements.

 

WisdomTree Trust      37  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

September 30, 2022

 

 

 

Investments    Shares      Value  
Oil, Gas & Consumable Fuels – 10.7%

 

Cheniere Energy, Inc.

     30,388      $ 5,041,673  

Chevron Corp.

     587,195        84,362,306  

ConocoPhillips

     219,919        22,506,510  

Devon Energy Corp.

     529,569        31,842,984  

Diamondback Energy, Inc.

     15,380        1,852,675  

EOG Resources, Inc.

     131,938        14,741,433  

Exxon Mobil Corp.

     1,589,617        138,789,460  

Hess Corp.

     22,523        2,454,782  

Kinder Morgan, Inc.

     1,013,263        16,860,696  

Marathon Petroleum Corp.

     150,100        14,909,433  

Occidental Petroleum Corp.

     25,721        1,580,555  

ONEOK, Inc.

     171,592        8,792,374  

Pioneer Natural Resources Co.

     20,692        4,480,439  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     348,215,320  
Personal Products – 0.1%

 

Estee Lauder Cos., Inc., Class A

     8,532        1,842,059  
Pharmaceuticals – 9.4%

 

Bristol-Myers Squibb Co.

     489,455        34,795,356  

Eli Lilly & Co.

     90,288        29,194,625  

Johnson & Johnson

     676,530        110,517,941  

Merck & Co., Inc.

     638,291        54,969,621  

Pfizer, Inc.

     1,679,444        73,492,469  

Zoetis, Inc.

     17,630        2,614,353  
     

 

 

 
Total Pharmaceuticals

 

     305,584,365  
Professional Services – 0.1%

 

Equifax, Inc.

     7,332        1,256,925  

Jacobs Solutions, Inc.

     3,424        371,470  

TransUnion

     5,439        323,566  

Verisk Analytics, Inc.

     8,604        1,467,240  
     

 

 

 
Total Professional Services

 

     3,419,201  
Road & Rail – 1.0%

 

CSX Corp.

     159,505        4,249,213  

JB Hunt Transport Services, Inc.

     3,028        473,640  

Norfolk Southern Corp.

     25,528        5,351,945  

Old Dominion Freight Line, Inc.

     2,853        709,741  

Union Pacific Corp.

     107,098        20,864,832  
     

 

 

 
Total Road & Rail

 

     31,649,371  
Semiconductors & Semiconductor Equipment – 3.5%

 

Analog Devices, Inc.

     49,685        6,923,108  

Applied Materials, Inc.

     45,753        3,748,543  

Broadcom, Inc.

     70,722        31,401,275  

Entegris, Inc.

     1,109        92,069  

Intel Corp.

     713,071        18,375,840  

KLA Corp.

     13,099        3,964,150  

Lam Research Corp.

     9,659        3,535,194  

Marvell Technology, Inc.

     6,980        299,512  

Microchip Technology, Inc.

     38,168        2,329,393  

Micron Technology, Inc.

     26,968        1,351,097  

Monolithic Power Systems, Inc.

     816        296,534  

NVIDIA Corp.

     15,463        1,877,054  

QUALCOMM, Inc.

     119,973        13,554,550  

Skyworks Solutions, Inc.

     16,630      1,418,040  

Teradyne, Inc.

     2,823        212,149  

Texas Instruments, Inc.

     148,817        23,033,895  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     112,412,403  
Software – 4.7%

 

Intuit, Inc.

     9,489        3,675,280  

Microsoft Corp.

     563,877        131,326,953  

Oracle Corp.

     270,502        16,519,557  

Roper Technologies, Inc.

     4,200        1,510,488  
     

 

 

 
Total Software

 

     153,032,278  
Specialty Retail – 2.3%

 

Bath & Body Works, Inc.

     4,274        139,333  

Best Buy Co., Inc.

     48,623        3,079,781  

Home Depot, Inc.

     165,821        45,756,647  

Lowe’s Cos., Inc.

     85,962        16,144,523  

Ross Stores, Inc.

     16,931        1,426,775  

TJX Cos., Inc.

     113,294        7,037,823  

Tractor Supply Co.

     7,767        1,443,730  
     

 

 

 
Total Specialty Retail

 

     75,028,612  
Technology Hardware, Storage & Peripherals – 4.0%

 

Apple, Inc.

     865,276        119,581,143  

Hewlett Packard Enterprise Co.

     273,789        3,279,992  

HP, Inc.

     209,352        5,217,052  

NetApp, Inc.

     37,902        2,344,239  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     130,422,426  
Textiles, Apparel & Luxury Goods – 0.2%

 

NIKE, Inc., Class B

     56,187        4,670,263  

VF Corp.

     59,346        1,775,039  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     6,445,302  
Tobacco – 4.0%

 

Altria Group, Inc.

     1,469,459        59,336,754  

Philip Morris International, Inc.

     839,503        69,687,144  
     

 

 

 
Total Tobacco

 

     129,023,898  
Trading Companies & Distributors – 0.2%

 

Fastenal Co.

     86,042        3,961,374  

W.W. Grainger, Inc.

     4,552        2,226,793  
     

 

 

 
Total Trading Companies & Distributors

 

     6,188,167  
Water Utilities – 0.1%

 

American Water Works Co., Inc.

     24,689        3,213,520  

TOTAL COMMON STOCKS

(Cost: $2,856,524,727)

 

 

     3,247,195,893  
EXCHANGE-TRADED FUND – 0.0%

 

United States – 0.0%

 

WisdomTree U.S. Total Dividend Fund(b)
(Cost: $102,700)
     1,756        95,281  

 

See Notes to Financial Statements.

 

38   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

September 30, 2022

 

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0%

 

United States – 0.0%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(c)

     
(Cost: $204,309)      204,309      $ 204,309  

TOTAL INVESTMENTS IN SECURITIES – 99.8%

(Cost: $2,856,831,736)

 

 

     3,247,495,483  

Other Assets less Liabilities – 0.2%

 

     7,807,959  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 3,255,303,442  
(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $218,288 and the total market value of the collateral held by the Fund was $224,427. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $20,118.

 

(b) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

INVESTMENT IN AFFILIATES               

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate   Value at
3/31/2022
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
   

Change in
Unrealized
Appreciation/

Depreciation

    Value at
9/30/2022
    Dividend
Income
 

WisdomTree U.S. Total Dividend Fund

  $ 1,685,016     $ 17,095,733     $ 18,016,272     $ (609,447   $ (59,749   $ 95,281     $ 61,799  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

        

Investments in Securities

  

Common Stocks

   $ 3,247,195,893      $      $      $ 3,247,195,893  

Exchange-Traded Fund

     95,281                      95,281  

Investment of Cash Collateral for Securities Loaned

            204,309               204,309  

Total Investments in Securities

   $ 3,247,291,174      $ 204,309      $      $ 3,247,495,483  

 

See Notes to Financial Statements.

 

WisdomTree Trust      39  


Schedule of Investments (unaudited)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%      
United States – 99.8%      
Aerospace & Defense – 1.7%

 

Axon Enterprise, Inc.*

     787      $ 91,095  

General Dynamics Corp.

     6,017        1,276,627  

HEICO Corp.

     919        132,318  

L3Harris Technologies, Inc.

     4,470        929,000  

Lockheed Martin Corp.

     6,564        2,535,608  

Northrop Grumman Corp.

     4,231        1,989,924  

Raytheon Technologies Corp.

     26,561        2,174,283  

Textron, Inc.

     3,279        191,034  

TransDigm Group, Inc.

     335        175,815  
     

 

 

 
Total Aerospace & Defense               9,495,704  
Air Freight & Logistics – 0.8%      

C.H. Robinson Worldwide, Inc.

     2,583        248,769  

Expeditors International of Washington, Inc.

     3,276        289,303  

FedEx Corp.

     6,803        1,010,041  

United Parcel Service, Inc., Class B

     17,442        2,817,581  
     

 

 

 
Total Air Freight & Logistics               4,365,694  
Automobiles – 1.6%      

Ford Motor Co.

     145,197        1,626,206  

General Motors Co.

     69,985        2,245,819  

Tesla, Inc.*

     19,578        5,193,065  
     

 

 

 
Total Automobiles               9,065,090  
Banks – 6.9%      

Bank of America Corp.

     287,889        8,694,248  

Citigroup, Inc.

     105,934        4,414,270  

Citizens Financial Group, Inc.

     15,347        527,323  

Fifth Third Bancorp

     20,477        654,445  

First Republic Bank

     1,373        179,245  

JPMorgan Chase & Co.

     111,615        11,663,768  

KeyCorp

     37,447        599,901  

M&T Bank Corp.

     3,728        657,321  

PNC Financial Services Group, Inc.

     9,794        1,463,419  

Regions Financial Corp.

     35,246        707,387  

Signature Bank

     579        87,429  

SVB Financial Group*

     684        229,674  

Truist Financial Corp.

     34,643        1,508,356  

U.S. Bancorp

     46,089        1,858,308  

Wells Fargo & Co.

     130,762        5,259,248  

Western Alliance Bancorp

     1,856        122,013  
     

 

 

 
Total Banks               38,626,355  
Beverages – 1.5%      

Brown-Forman Corp., Class B

     3,576        238,054  

Coca-Cola Co.

     58,569        3,281,036  

Constellation Brands, Inc., Class A

     2,986        685,825  

Keurig Dr. Pepper, Inc.

     22,148        793,341  

Monster Beverage Corp.*

     6,195        538,717  

PepsiCo, Inc.

     18,226        2,975,577  
     

 

 

 
Total Beverages               8,512,550  
Biotechnology – 3.4%      

AbbVie, Inc.

     45,371        6,089,242  

Amgen, Inc.

     16,558      3,732,173  

BioMarin Pharmaceutical, Inc.*

     1,082        91,721  

Gilead Sciences, Inc.

     56,876        3,508,680  

Incyte Corp.*

     2,486        165,667  

Moderna, Inc.*

     9,006        1,064,960  

Regeneron Pharmaceuticals, Inc.*

     3,880        2,672,816  

Vertex Pharmaceuticals, Inc.*

     5,494        1,590,733  
     

 

 

 
Total Biotechnology               18,915,992  
Building Products – 0.2%      

Builders FirstSource, Inc.*

     7,581        446,672  

Carlisle Cos., Inc.

     558        156,469  

Carrier Global Corp.

     12,503        444,607  

Fortune Brands Home & Security, Inc.

     1,614        86,655  

Masco Corp.

     4,465        208,471  

Trex Co., Inc.*

     534        23,464  
     

 

 

 
Total Building Products               1,366,338  
Capital Markets – 3.5%      

Ameriprise Financial, Inc.

     2,854        719,065  

Bank of New York Mellon Corp.

     21,450        826,254  

BlackRock, Inc.

     2,388        1,314,069  

Cboe Global Markets, Inc.

     994        116,666  

Charles Schwab Corp.

     25,750        1,850,652  

CME Group, Inc.

     3,333        590,374  

Coinbase Global, Inc., Class A*

     2,654        171,156  

FactSet Research Systems, Inc.

     247        98,827  

Franklin Resources, Inc.

     15,787        339,736  

Goldman Sachs Group, Inc.

     17,154        5,026,980  

Intercontinental Exchange, Inc.

     7,162        647,087  

LPL Financial Holdings, Inc.

     646        141,138  

MarketAxess Holdings, Inc.

     148        32,929  

Moody’s Corp.

     1,580        384,114  

Morgan Stanley

     54,143        4,277,838  

Morningstar, Inc.

     244        51,806  

MSCI, Inc.

     404        170,403  

Nasdaq, Inc.

     4,482        254,040  

Northern Trust Corp.

     3,151        269,600  

Raymond James Financial, Inc.

     4,179        412,969  

S&P Global, Inc.

     2,406        734,672  

State Street Corp.

     9,072        551,668  

T. Rowe Price Group, Inc.

     4,276        449,023  
     

 

 

 
Total Capital Markets               19,431,066  
Chemicals – 1.4%      

Air Products and Chemicals, Inc.

     2,555        594,625  

Albemarle Corp.

     845        223,452  

Celanese Corp.

     4,025        363,618  

CF Industries Holdings, Inc.

     3,722        358,243  

Corteva, Inc.

     11,758        671,970  

Dow, Inc.

     38,725        1,701,189  

DuPont de Nemours, Inc.

     11,671        588,218  

Eastman Chemical Co.

     3,558        252,796  

Ecolab, Inc.

     1,667        240,748  

FMC Corp.

     2,587        273,446  

International Flavors & Fragrances, Inc.

     2,759        250,600  

 

See Notes to Financial Statements.

 

40   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Mosaic Co.

     14,788      $ 714,704  

PPG Industries, Inc.

     3,249        359,632  

RPM International, Inc.

     1,346        112,135  

Sherwin-Williams Co.

     2,386        488,533  

Westlake Corp.

     5,528        480,273  
     

 

 

 
Total Chemicals

 

     7,674,182  
Commercial Services & Supplies – 0.3%

 

Cintas Corp.

     813        315,598  

Copart, Inc.*

     1,948        207,267  

Republic Services, Inc.

     3,166        430,703  

Rollins, Inc.

     3,580        124,154  

Waste Management, Inc.

     4,208        674,164  
     

 

 

 
Total Commercial Services & Supplies

 

     1,751,886  
Communications Equipment – 1.0%

 

Arista Networks, Inc.*

     3,540        399,631  

Cisco Systems, Inc.

     92,002        3,680,080  

F5, Inc.*

     1,961        283,816  

Motorola Solutions, Inc.

     2,858        640,106  

Ubiquiti, Inc.(a)

     1,361        399,535  
     

 

 

 
Total Communications Equipment

 

     5,403,168  
Construction & Engineering – 0.1%

 

Quanta Services, Inc.

     1,974        251,468  
Construction Materials – 0.0%

 

Martin Marietta Materials, Inc.

     461        148,484  
Consumer Finance – 1.2%

 

Ally Financial, Inc.

     18,819        523,733  

American Express Co.

     17,046        2,299,676  

Capital One Financial Corp.

     21,282        1,961,562  

Discover Financial Services

     14,223        1,293,155  

Synchrony Financial

     27,809        783,936  

Upstart Holdings, Inc.*(a)

     502        10,436  
     

 

 

 
Total Consumer Finance

 

     6,872,498  
Containers & Packaging – 0.3%

 

Avery Dennison Corp.

     983        159,934  

Ball Corp.

     4,325        208,984  

Crown Holdings, Inc.

     3,091        250,464  

International Paper Co.

     11,470        363,599  

Packaging Corp. of America

     1,865        209,421  

Westrock Co.

     6,056        187,070  
     

 

 

 
Total Containers & Packaging

 

     1,379,472  
Distributors – 0.1%

 

Genuine Parts Co.

     2,509        374,644  

LKQ Corp.

     6,294        296,762  

Pool Corp.

     271        86,235  
     

 

 

 
Total Distributors

 

     757,641  
Diversified Financial Services – 1.6%

 

Berkshire Hathaway, Inc., Class B*

     32,481        8,673,077  
Diversified Telecommunication Services – 1.7%

 

AT&T, Inc.

     279,935        4,294,203  

Lumen Technologies, Inc.

     54,434        396,280  

Verizon Communications, Inc.

     132,192      5,019,330  
     

 

 

 
Total Diversified Telecommunication Services

 

     9,709,813  
Electric Utilities – 1.7%

 

Alliant Energy Corp.

     3,133        166,018  

American Electric Power Co., Inc.

     10,014        865,710  

Avangrid, Inc.

     4,681        195,198  

Constellation Energy Corp.

     5,743        477,760  

Duke Energy Corp.

     14,909        1,386,835  

Edison International

     9,214        521,328  

Entergy Corp.

     3,983        400,809  

Evergy, Inc.

     3,821        226,968  

Eversource Energy

     5,562        433,614  

Exelon Corp.

     17,668        661,843  

FirstEnergy Corp.

     11,758        435,046  

NextEra Energy, Inc.

     20,420        1,601,132  

PPL Corp.

     13,117        332,516  

Southern Co.

     20,720        1,408,960  

Xcel Energy, Inc.

     8,357        534,848  
     

 

 

 
Total Electric Utilities

 

     9,648,585  
Electrical Equipment – 0.2%

 

AMETEK, Inc.

     2,510        284,659  

Emerson Electric Co.

     10,165        744,281  

Generac Holdings, Inc.*

     441        78,560  

Rockwell Automation, Inc.

     874        188,006  
     

 

 

 
Total Electrical Equipment

 

     1,295,506  
Electronic Equipment, Instruments & Components – 0.5%

 

Amphenol Corp., Class A

     7,116        476,487  

CDW Corp.

     2,682        418,606  

Cognex Corp.

     3,660        151,707  

Corning, Inc.

     22,279        646,537  

Keysight Technologies, Inc.*

     3,167        498,359  

Teledyne Technologies, Inc.*

     780        263,227  

Trimble, Inc.*

     5,334        289,476  

Zebra Technologies Corp., Class A*

     993        260,176  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     3,004,575  
Energy Equipment & Services – 0.1%

 

Baker Hughes Co.

     5,073        106,330  

Halliburton Co.

     13,199        324,959  
     

 

 

 
Total Energy Equipment & Services

 

     431,289  
Entertainment – 0.9%

 

Electronic Arts, Inc.

     5,552        642,422  

Liberty Media Corp. – Liberty Formula One, Class C*

     1,063        62,185  

Netflix, Inc.*

     8,155        1,920,013  

ROBLOX Corp., Class A*

     2,478        88,812  

Roku, Inc.*

     542        30,569  

Take-Two Interactive Software, Inc.*

     1,007        109,763  

Walt Disney Co.*

     10,687        1,008,105  

Warner Bros Discovery, Inc.*

     84,251        968,886  
     

 

 

 
Total Entertainment

 

     4,830,755  

 

See Notes to Financial Statements.

 

WisdomTree Trust      41  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2022

 

 

 

Investments    Shares      Value  
Equity Real Estate Investment Trusts (REITs) – 1.3%

 

Alexandria Real Estate Equities, Inc.

     1,760      $ 246,734  

American Homes 4 Rent, Class A

     1,743        57,188  

American Tower Corp.

     3,246        696,916  

AvalonBay Communities, Inc.

     1,408        259,340  

Boston Properties, Inc.

     590        44,232  

Camden Property Trust

     443        52,916  

Crown Castle International Corp.

     2,387        345,041  

CubeSmart

     2,048        82,043  

Digital Realty Trust, Inc.

     1,602        158,886  

Duke Realty Corp.

     4,906        236,469  

Equinix, Inc.

     532        302,623  

Equity LifeStyle Properties, Inc.

     950        59,698  

Equity Residential

     4,549        305,784  

Essex Property Trust, Inc.

     282        68,309  

Extra Space Storage, Inc.

     965        166,665  

Healthpeak Properties, Inc.

     6,598        151,226  

Invitation Homes, Inc.

     3,149        106,342  

Iron Mountain, Inc.

     2,828        124,347  

Kimco Realty Corp.

     5,837        107,459  

Medical Properties Trust, Inc.

     5,002        59,324  

Mid-America Apartment Communities, Inc.

     834        129,328  

Prologis, Inc.

     4,688        476,301  

Public Storage

     1,517        444,193  

Realty Income Corp.

     3,699        215,282  

Regency Centers Corp.

     1,721        92,676  

SBA Communications Corp.

     546        155,419  

Simon Property Group, Inc.

     3,904        350,384  

Sun Communities, Inc.

     832        112,595  

UDR, Inc.

     2,381        99,311  

Ventas, Inc.

     2,711        108,901  

VICI Properties, Inc.

     12,897        384,975  

W.P. Carey, Inc.

     1,992        139,042  

Welltower, Inc.

     2,703        173,857  

Weyerhaeuser Co.

     23,661        675,758  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     7,189,564  
Food & Staples Retailing – 1.8%

 

Albertsons Cos., Inc., Class A

     13,108        325,865  

Costco Wholesale Corp.

     3,288        1,552,824  

Kroger Co.

     20,509        897,269  

Sysco Corp.

     4,747        335,660  

Walgreens Boots Alliance, Inc.

     33,193        1,042,260  

Walmart, Inc.

     45,312        5,876,966  
     

 

 

 
Total Food & Staples Retailing

 

     10,030,844  
Food Products – 1.5%

 

Archer-Daniels-Midland Co.

     16,310        1,312,139  

Campbell Soup Co.

     7,285        343,269  

Conagra Brands, Inc.

     12,863        419,720  

General Mills, Inc.

     12,410        950,730  

Hershey Co.

     2,814        620,403  

Hormel Foods Corp.

     7,115        323,306  

J.M. Smucker Co.

     2,231        306,562  

Kellogg Co.

     7,425        517,225  

Kraft Heinz Co.

     38,344      1,278,772  

McCormick & Co., Inc., Non-Voting Shares

     2,636        187,868  

Mondelez International, Inc., Class A

     23,058        1,264,270  

Tyson Foods, Inc., Class A

     12,368        815,422  
     

 

 

 
Total Food Products

 

     8,339,686  
Gas Utilities – 0.0%

 

Atmos Energy Corp.

     2,360        240,366  
Health Care Equipment & Supplies – 1.6%

 

Abbott Laboratories

     26,401        2,554,561  

ABIOMED, Inc.*

     342        84,016  

Align Technology, Inc.*

     570        118,053  

Baxter International, Inc.

     6,973        375,566  

Becton Dickinson and Co.

     5,675        1,264,560  

Boston Scientific Corp.*

     17,883        692,609  

Cooper Cos., Inc.

     625        164,937  

Dexcom, Inc.*

     2,682        216,008  

Edwards Lifesciences Corp.*

     4,051        334,734  

Embecta Corp.

     1,096        31,554  

Hologic, Inc.*

     10,118        652,813  

IDEXX Laboratories, Inc.*

     432        140,746  

Insulet Corp.*

     523        119,976  

Intuitive Surgical, Inc.*

     2,270        425,489  

Masimo Corp.*

     133        18,774  

ResMed, Inc.

     965        210,659  

Stryker Corp.

     5,083        1,029,511  

Teleflex, Inc.

     693        139,612  

Zimmer Biomet Holdings, Inc.

     4,555        476,225  

Zimvie, Inc.*

     423        4,175  
     

 

 

 
Total Health Care Equipment & Supplies

 

     9,054,578  
Health Care Providers & Services – 4.4%

 

AmerisourceBergen Corp.

     5,703        771,787  

Cardinal Health, Inc.

     11,398        760,019  

Centene Corp.*

     13,121        1,020,945  

Cigna Corp.

     11,571        3,210,605  

CVS Health Corp.

     40,224        3,836,163  

Elevance Health, Inc.

     5,125        2,327,980  

HCA Healthcare, Inc.

     9,423        1,731,853  

Humana, Inc.

     1,807        876,738  

Laboratory Corp. of America Holdings

     3,667        751,038  

McKesson Corp.

     5,401        1,835,638  

Molina Healthcare, Inc.*

     571        188,339  

Quest Diagnostics, Inc.

     4,619        566,705  

UnitedHealth Group, Inc.

     13,011        6,571,076  
     

 

 

 
Total Health Care Providers & Services

 

     24,448,886  
Health Care Technology – 0.0%

 

Veeva Systems, Inc., Class A*

     890        146,743  
Hotels, Restaurants & Leisure – 0.9%

 

Booking Holdings, Inc.*

     218        358,220  

Chipotle Mexican Grill, Inc.*

     155        232,928  

Darden Restaurants, Inc.

     1,776        224,344  

Domino’s Pizza, Inc.

     345        107,019  

Hilton Worldwide Holdings, Inc.

     1,447        174,537  

 

See Notes to Financial Statements.

 

42   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Marriott International, Inc., Class A

     1,865      $ 261,361  

McDonald’s Corp.

     9,207        2,124,423  

MGM Resorts International

     3,364        99,978  

Starbucks Corp.

     12,451        1,049,121  

Vail Resorts, Inc.

     143        30,837  

Yum! Brands, Inc.

     3,573        379,953  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     5,042,721  
Household Durables – 0.5%

 

D.R. Horton, Inc.

     13,396        902,221  

Lennar Corp., Class A

     11,868        884,759  

NVR, Inc.*

     74        295,044  

PulteGroup, Inc.

     10,916        409,350  

Whirlpool Corp.

     2,592        349,427  
     

 

 

 
Total Household Durables

 

     2,840,801  
Household Products – 1.1%

 

Church & Dwight Co., Inc.

     2,300        164,312  

Clorox Co.

     1,299        166,779  

Colgate-Palmolive Co.

     11,642        817,850  

Kimberly-Clark Corp.

     5,755        647,668  

Procter & Gamble Co.

     34,833        4,397,666  
     

 

 

 
Total Household Products

 

     6,194,275  
Independent Power & Renewable Electricity Producers – 0.1%

 

AES Corp.

     15,701        354,843  
Industrial Conglomerates – 0.6%

 

3M Co.

     11,243        1,242,351  

General Electric Co.

     7,960        492,804  

Honeywell International, Inc.

     10,141        1,693,243  
     

 

 

 
Total Industrial Conglomerates

 

     3,428,398  
Insurance – 2.7%

 

Aflac, Inc.

     24,054        1,351,835  

Allstate Corp.

     14,331        1,784,639  

American International Group, Inc.

     24,561        1,166,156  

Arthur J Gallagher & Co.

     1,807        309,395  

Brown & Brown, Inc.

     1,612        97,494  

Cincinnati Financial Corp.

     2,246        201,174  

Fidelity National Financial, Inc.

     14,158        512,520  

Hartford Financial Services Group, Inc.

     9,865        611,038  

Lincoln National Corp.

     7,640        335,472  

Loews Corp.

     6,401        319,026  

Markel Corp.*

     273        295,992  

Marsh & McLennan Cos., Inc.

     5,800        865,882  

MetLife, Inc.

     43,695        2,655,782  

Principal Financial Group, Inc.

     8,177        589,971  

Progressive Corp.

     8,421        978,604  

Prudential Financial, Inc.

     19,450        1,668,421  

Travelers Cos., Inc.

     7,628        1,168,610  

W.R. Berkley Corp.

     3,547        229,065  
     

 

 

 
Total Insurance

 

     15,141,076  
Interactive Media & Services – 7.2%

 

Alphabet, Inc., Class A*

     260,067        24,875,408  

Match Group, Inc.*

     2,103        100,418  

Meta Platforms, Inc., Class A*

     109,765        14,892,915  

Pinterest, Inc., Class A*

     5,972      139,148  

Snap, Inc., Class A*

     5,401        53,038  

Twitter, Inc.*

     4,406        193,159  
     

 

 

 
Total Interactive Media & Services

 

     40,254,086  
Internet & Direct Marketing Retail – 3.4%

 

Amazon.com, Inc.*

     161,196        18,215,148  

eBay, Inc.

     14,170        521,598  

Etsy, Inc.*

     887        88,815  

Wayfair, Inc., Class A*(a)

     102        3,320  
     

 

 

 
Total Internet & Direct Marketing Retail

 

     18,828,881  
IT Services – 3.1%

 

Akamai Technologies, Inc.*

     4,704        377,825  

Automatic Data Processing, Inc.

     3,932        889,379  

Block, Inc.*

     2,717        149,408  

Broadridge Financial Solutions, Inc.

     1,141        164,669  

Cloudflare, Inc., Class A*

     1,324        73,230  

Cognizant Technology Solutions Corp., Class A

     10,233        587,784  

EPAM Systems, Inc.*

     617        223,471  

Fiserv, Inc.*

     13,787        1,290,050  

FleetCor Technologies, Inc.*

     2,587        455,752  

Gartner, Inc.*

     1,217        336,732  

GoDaddy, Inc., Class A*

     3,289        233,124  

International Business Machines Corp.

     24,824        2,949,339  

MasterCard, Inc., Class A

     8,088        2,299,742  

MongoDB, Inc.*

     375        74,460  

Paychex, Inc.

     3,143        352,676  

PayPal Holdings, Inc.*

     26,235        2,258,046  

SS&C Technologies Holdings, Inc.

     7,824        373,596  

VeriSign, Inc.*

     1,654        287,300  

Visa, Inc., Class A

     22,512        3,999,257  
     

 

 

 
Total IT Services

 

     17,375,840  
Leisure Products – 0.0%

 

Hasbro, Inc.

     2,633        177,517  
Life Sciences Tools & Services – 1.3%

 

Agilent Technologies, Inc.

     2,717        330,251  

Avantor, Inc.*

     7,436        145,746  

Bio-Rad Laboratories, Inc., Class A*

     149        62,154  

Bio-Techne Corp.

     247        70,148  

Bruker Corp.

     1,257        66,696  

Charles River Laboratories International, Inc.*

     381        74,981  

Danaher Corp.

     7,857        2,029,385  

IQVIA Holdings, Inc.*

     2,282        413,361  

Mettler-Toledo International, Inc.*

     161        174,543  

PerkinElmer, Inc.

     2,719        327,177  

Repligen Corp.*

     519        97,110  

Thermo Fisher Scientific, Inc.

     5,871        2,977,713  

Waters Corp.*

     688        185,437  

West Pharmaceutical Services, Inc.

     440        108,275  
     

 

 

 
Total Life Sciences Tools & Services

 

     7,062,977  
Machinery – 1.5%

 

Caterpillar, Inc.

     10,464        1,716,933  

Cummins, Inc.

     3,762        765,605  

 

See Notes to Financial Statements.

 

WisdomTree Trust      43  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Deere & Co.

     6,331      $ 2,113,857  

Dover Corp.

     1,673        195,038  

Fortive Corp.

     4,609        268,705  

Graco, Inc.

     1,258        75,417  

IDEX Corp.

     862        172,271  

Illinois Tool Works, Inc.

     4,282        773,543  

Ingersoll Rand, Inc.

     5,374        232,479  

Nordson Corp.

     551        116,961  

Otis Worldwide Corp.

     4,679        298,520  

PACCAR, Inc.

     7,345        614,703  

Parker-Hannifin Corp.

     2,615        633,641  

Stanley Black & Decker, Inc.

     3,079        231,571  

Westinghouse Air Brake Technologies Corp.

     3,019        245,596  

Xylem, Inc.

     969        84,652  
     

 

 

 
Total Machinery

 

     8,539,492  
Media – 1.1%

 

Charter Communications, Inc., Class A*

     2,448        742,601  

Comcast Corp., Class A

     118,175        3,466,073  

Fox Corp., Class A

     14,804        454,187  

Interpublic Group of Cos., Inc.

     8,934        228,710  

Liberty Broadband Corp., Class C*

     1,408        103,910  

News Corp., Class A

     4,505        68,071  

Omnicom Group, Inc.

     6,695        422,388  

Sirius XM Holdings, Inc.

     69,080        394,447  

Trade Desk, Inc., Class A*

     3,490        208,527  
     

 

 

 
Total Media

 

     6,088,914  
Metals & Mining – 0.9%

 

Freeport-McMoRan, Inc.

     38,682        1,057,179  

Newmont Corp.

     16,783        705,390  

Nucor Corp.

     13,963        1,493,901  

Southern Copper Corp.

     18,911        847,969  

Steel Dynamics, Inc.

     10,454        741,711  
     

 

 

 
Total Metals & Mining

 

     4,846,150  
Multi-Utilities – 0.9%

 

Ameren Corp.

     3,902        314,306  

CenterPoint Energy, Inc.

     12,014        338,555  

CMS Energy Corp.

     4,390        255,674  

Consolidated Edison, Inc.

     6,189        530,769  

Dominion Energy, Inc.

     14,941        1,032,572  

DTE Energy Co.

     3,707        426,490  

Public Service Enterprise Group, Inc.

     10,322        580,406  

Sempra Energy

     7,380        1,106,557  

WEC Energy Group, Inc.

     5,031        449,922  
     

 

 

 
Total Multi-Utilities

 

     5,035,251  
Multiline Retail – 0.5%

 

Dollar General Corp.

     3,887        932,336  

Dollar Tree, Inc.*

     3,299        448,994  

Target Corp.

     9,329        1,384,330  
     

 

 

 
Total Multiline Retail

 

     2,765,660  
Oil, Gas & Consumable Fuels – 4.8%

 

Chevron Corp.

     43,871        6,302,947  

ConocoPhillips

     25,314        2,590,635  

Continental Resources, Inc.

     7,471      499,137  

Coterra Energy, Inc.

     9,892        258,379  

Devon Energy Corp.

     12,268        737,675  

Diamondback Energy, Inc.

     5,180        623,983  

EOG Resources, Inc.

     16,424        1,835,053  

Exxon Mobil Corp.

     105,162        9,181,694  

Hess Corp.

     2,026        220,814  

Kinder Morgan, Inc.

     69,237        1,152,104  

Marathon Oil Corp.

     11,779        265,970  

Marathon Petroleum Corp.

     3,611        358,681  

Occidental Petroleum Corp.

     5,807        356,840  

ONEOK, Inc.

     8,701        445,839  

Phillips 66

     3,588        289,623  

Pioneer Natural Resources Co.

     4,705        1,018,774  

Targa Resources Corp.

     2,099        126,654  

Williams Cos., Inc.

     20,723        593,299  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     26,858,101  
Personal Products – 0.1%

 

Estee Lauder Cos., Inc., Class A

     2,700        582,930  
Pharmaceuticals – 4.9%

 

Bristol-Myers Squibb Co.

     68,531        4,871,869  

Catalent, Inc.*

     1,429        103,402  

Eli Lilly & Co.

     7,425        2,400,874  

Johnson & Johnson

     44,551        7,277,851  

Merck & Co., Inc.

     57,692        4,968,435  

Pfizer, Inc.

     167,429        7,326,693  

Zoetis, Inc.

     3,403        504,631  
     

 

 

 
Total Pharmaceuticals

 

     27,453,755  
Professional Services – 0.2%

 

Equifax, Inc.

     1,146        196,459  

Jacobs Solutions, Inc.

     1,776        192,678  

Leidos Holdings, Inc.

     3,689        322,677  

Robert Half International, Inc.

     1,492        114,138  

TransUnion

     2,391        142,240  

Verisk Analytics, Inc.

     1,360        231,921  
     

 

 

 
Total Professional Services

 

     1,200,113  
Real Estate Management & Development – 0.1%

 

CBRE Group, Inc., Class A*

     6,040        407,760  

Jones Lang LaSalle, Inc.*

     1,242        187,629  
     

 

 

 
Total Real Estate Management & Development

 

     595,389  
Road & Rail – 0.8%

 

AMERCO

     503        256,138  

Avis Budget Group, Inc.*

     1,318        195,670  

CSX Corp.

     34,043        906,906  

JB Hunt Transport Services, Inc.

     945        147,817  

Norfolk Southern Corp.

     3,809        798,557  

Old Dominion Freight Line, Inc.

     803        199,762  

Union Pacific Corp.

     9,603        1,870,856  
     

 

 

 
Total Road & Rail

 

     4,375,706  
Semiconductors & Semiconductor Equipment – 4.5%

 

Advanced Micro Devices, Inc.*

     11,791        747,078  

Analog Devices, Inc.

     6,372        887,874  

 

See Notes to Financial Statements.

 

44   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Applied Materials, Inc.

     15,748      $ 1,290,234  

Broadcom, Inc.

     7,484        3,322,971  

Enphase Energy, Inc.*

     1,281        355,439  

Entegris, Inc.

     2,441        202,652  

Intel Corp.

     172,410        4,443,006  

KLA Corp.

     2,785        842,824  

Lam Research Corp.

     2,702        988,932  

Marvell Technology, Inc.

     5,328        228,624  

Microchip Technology, Inc.

     11,904        726,501  

Micron Technology, Inc.

     30,019        1,503,952  

Monolithic Power Systems, Inc.

     605        219,857  

NVIDIA Corp.

     25,021        3,037,299  

ON Semiconductor Corp.*

     8,691        541,710  

Qorvo, Inc.*

     3,693        293,261  

QUALCOMM, Inc.

     20,619        2,329,535  

Skyworks Solutions, Inc.

     4,593        391,645  

Teradyne, Inc.

     3,351        251,828  

Texas Instruments, Inc.

     14,200        2,197,876  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     24,803,098  
Software – 6.5%

 

Adobe, Inc.*

     4,605        1,267,296  

ANSYS, Inc.*

     732        162,284  

AppLovin Corp., Class A*(a)

     328        6,393  

Autodesk, Inc.*

     2,185        408,158  

Bentley Systems, Inc., Class B

     5,195        158,915  

Bill.com Holdings, Inc.*

     779        103,116  

Cadence Design Systems, Inc.*

     2,663        435,214  

Ceridian HCM Holding, Inc.*

     738        41,240  

Crowdstrike Holdings, Inc., Class A*

     1,447        238,480  

Datadog, Inc., Class A*

     1,341        119,054  

DocuSign, Inc.*

     1,562        83,520  

Dynatrace, Inc.*

     4,405        153,338  

Fortinet, Inc.*

     6,425        315,660  

HubSpot, Inc.*

     159        42,949  

Intuit, Inc.

     1,666        645,275  

Microsoft Corp.

     96,022        22,363,524  

NortonLifeLock, Inc.

     21,182        426,606  

Oracle Corp.

     59,328        3,623,161  

Palo Alto Networks, Inc.*

     2,266        371,148  

Paycom Software, Inc.*

     520        171,595  

Paylocity Holding Corp.*

     840        202,927  

PTC, Inc.*

     3,019        315,787  

Roper Technologies, Inc.

     1,249        449,190  

Salesforce, Inc.*

     7,624        1,096,636  

ServiceNow, Inc.*

     1,132        427,455  

Synopsys, Inc.*

     1,567        478,734  

Tyler Technologies, Inc.*

     678        235,605  

UiPath, Inc., Class A*

     3,839        48,410  

VMware, Inc., Class A

     11,480        1,222,161  

Workday, Inc., Class A*

     1,882        286,478  

Zendesk, Inc.*

     2,002        152,352  

Zoom Video Communications, Inc., Class A*

     3,118        229,454  

Zscaler, Inc.*

     793        130,346  
     

 

 

 
Total Software

 

     36,412,461  
Specialty Retail – 2.2%

 

Advance Auto Parts, Inc.

     934      146,022  

AutoZone, Inc.*

     408        873,907  

Bath & Body Works, Inc.

     6,881        224,321  

Best Buy Co., Inc.

     8,780        556,125  

Burlington Stores, Inc.*

     388        43,413  

CarMax, Inc.*

     2,481        163,796  

Carvana Co.*(a)

     499        10,130  

Floor & Decor Holdings, Inc., Class A*

     799        56,138  

Home Depot, Inc.

     17,695        4,882,758  

Lowe’s Cos., Inc.

     11,762        2,209,021  

O’Reilly Automotive, Inc.*

     1,055        742,034  

RH*(a)

     516        126,972  

Ross Stores, Inc.

     4,250        358,148  

TJX Cos., Inc.

     14,243        884,775  

Tractor Supply Co.

     1,305        242,573  

Ulta Beauty, Inc.*

     696        279,228  

Williams-Sonoma, Inc.

     1,777        209,420  
     

 

 

 
Total Specialty Retail

 

     12,008,781  
Technology Hardware, Storage & Peripherals – 6.7%

 

Apple, Inc.

     250,720        34,649,504  

Hewlett Packard Enterprise Co.

     60,755        727,845  

HP, Inc.

     51,368        1,280,091  

NetApp, Inc.

     6,243        386,129  

Western Digital Corp.*

     15,287        497,592  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     37,541,161  
Textiles, Apparel & Luxury Goods – 0.2%

 

NIKE, Inc., Class B

     12,632        1,049,972  

VF Corp.

     5,273        157,715  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     1,207,687  
Tobacco – 1.1%

 

Altria Group, Inc.

     69,582        2,809,721  

Philip Morris International, Inc.

     38,532        3,198,542  
     

 

 

 
Total Tobacco

 

     6,008,263  
Trading Companies & Distributors – 0.2%

 

Fastenal Co.

     5,375        247,465  

United Rentals, Inc.*

     1,301        351,426  

W.W. Grainger, Inc.

     639        312,593  
     

 

 

 
Total Trading Companies & Distributors

 

     911,484  
Water Utilities – 0.1%

 

American Water Works Co., Inc.

     1,369        178,189  

Essential Utilities, Inc.

     3,205        132,623  
     

 

 

 
Total Water Utilities

 

     310,812  
Wireless Telecommunication Services – 0.3%

 

T-Mobile US, Inc.*

     10,399        1,395,234  

TOTAL COMMON STOCKS

(Cost: $611,998,790)

              556,703,712  
EXCHANGE-TRADED FUND – 0.1%      
United States – 0.1%

 

WisdomTree U.S. High Dividend Fund(b)
(Cost: $385,091)
     4,859        368,361  

 

See Notes to Financial Statements.

 

WisdomTree Trust      45  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2022

 

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0%

 

United States – 0.0%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(c)

     
(Cost: $14,225)      14,225      $ 14,225  

TOTAL INVESTMENTS IN SECURITIES – 99.9%

(Cost: $612,398,106)

 

 

     557,086,298  

Other Assets less Liabilities – 0.1%

 

     692,656  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 557,778,954  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $386,242 and the total market value of the collateral held by the Fund was $400,144. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $385,919.

 

(b) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

INVESTMENT IN AFFILIATES               

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate    Value at
3/31/2022
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2022
     Dividend
Income
 

WisdomTree U.S. High Dividend Fund

   $ 396,757      $ 841,250      $ 772,631      $ (6,082    $ (90,933    $ 368,361      $ 11,272  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 556,703,712      $      $      $ 556,703,712  

Exchange-Traded Fund

     368,361                      368,361  

Investment of Cash Collateral for Securities Loaned

            14,225               14,225  

Total Investments in Securities

   $ 557,072,073      $ 14,225      $      $ 557,086,298  

 

See Notes to Financial Statements.

 

46   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. MidCap Dividend Fund (DON)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.7%

 

United States – 99.3%

 

Aerospace & Defense – 0.8%

 

BWX Technologies, Inc.

     87,326      $ 4,398,611  

Curtiss-Wright Corp.

     7,602        1,057,894  

Huntington Ingalls Industries, Inc.

     64,607        14,310,451  

Textron, Inc.

     5,342        311,225  

Woodward, Inc.

     18,540        1,488,020  
     

 

 

 
Total Aerospace & Defense

 

     21,566,201  
Air Freight & Logistics – 0.5%

 

C.H. Robinson Worldwide, Inc.

     159,615        15,372,521  
Auto Components – 0.8%

 

BorgWarner, Inc.

     233,901        7,344,491  

Gentex Corp.

     309,249        7,372,496  

Lear Corp.

     56,546        6,767,991  
     

 

 

 
Total Auto Components

 

     21,484,978  
Automobiles – 0.3%

 

Harley-Davidson, Inc.

     144,015        5,023,243  

Thor Industries, Inc.

     60,146        4,209,017  
     

 

 

 
Total Automobiles

 

     9,232,260  
Banks – 8.9%

 

Bank OZK

     278,150        11,003,614  

BOK Financial Corp.

     126,465        11,237,680  

Cadence Bank

     272,665        6,928,418  

Comerica, Inc.

     248,237        17,649,651  

Commerce Bancshares, Inc.

     152,379        10,081,395  

Cullen/Frost Bankers, Inc.

     93,057        12,303,997  

East West Bancorp, Inc.

     210,376        14,124,645  

First Citizens BancShares, Inc., Class A

     10,985        8,759,769  

First Financial Bankshares, Inc.

     135,722        5,677,251  

First Horizon Corp.

     1,137,789        26,055,368  

Glacier Bancorp, Inc.(a)

     158,238        7,774,233  

Hancock Whitney Corp.

     110,231        5,049,682  

Home BancShares, Inc.(a)

     252,625        5,686,589  

PacWest Bancorp

     239,550        5,413,830  

Pinnacle Financial Partners, Inc.

     42,780        3,469,458  

Prosperity Bancshares, Inc.

     153,421        10,230,112  

ServisFirst Bancshares, Inc.

     37,374        2,989,920  

SouthState Corp.

     89,707        7,097,618  

Synovus Financial Corp.

     256,120        9,607,061  

UMB Financial Corp.

     58,118        4,898,766  

Umpqua Holdings Corp.

     793,869        13,567,221  

United Bankshares, Inc.

     314,855        11,256,066  

Valley National Bancorp

     756,408        8,169,206  

Webster Financial Corp.

     218,955        9,896,766  

Western Alliance Bancorp

     110,302        7,251,253  

Wintrust Financial Corp.

     56,311        4,592,162  

Zions Bancorp NA

     217,012        11,037,230  
     

 

 

 
Total Banks

 

     251,808,961  
Beverages – 0.0%

 

Coca-Cola Consolidated, Inc.

     1,181        486,253  
Building Products – 2.0%

 

A.O. Smith Corp.

     98,494      4,784,838  

AAON, Inc.

     31,491        1,696,735  

Advanced Drainage Systems, Inc.

     21,037        2,616,372  

Armstrong World Industries, Inc.

     28,635        2,268,751  

Carlisle Cos., Inc.

     27,932        7,832,412  

Fortune Brands Home & Security, Inc.

     78,552        4,217,457  

Lennox International, Inc.

     26,363        5,870,249  

Masco Corp.

     290,591        13,567,694  

Owens Corning

     63,198        4,967,995  

Simpson Manufacturing Co., Inc.

     37,187        2,915,461  

UFP Industries, Inc.

     50,528        3,646,100  

Zurn Elkay Water Solutions Corp.

     49,710        1,217,895  
     

 

 

 
Total Building Products

 

     55,601,959  
Capital Markets – 4.1%

 

Affiliated Managers Group, Inc.

     17,614        1,970,126  

Ares Management Corp., Class A

     237,112        14,689,088  

Blue Owl Capital, Inc.(a)

     496,253        4,580,415  

Cboe Global Markets, Inc.

     97,307        11,420,923  

Cohen & Steers, Inc.

     84,628        5,300,252  

Evercore, Inc., Class A

     74,881        6,158,962  

Franklin Resources, Inc.

     1,025,651        22,072,010  

Hamilton Lane, Inc., Class A

     35,944        2,142,622  

Houlihan Lokey, Inc.

     80,345        6,056,406  

Interactive Brokers Group, Inc., Class A

     27,933        1,785,198  

Jefferies Financial Group, Inc.

     531,586        15,681,787  

LPL Financial Holdings, Inc.

     34,626        7,565,088  

MarketAxess Holdings, Inc.

     16,036        3,567,850  

Morningstar, Inc.

     14,937        3,171,424  

SEI Investments Co.

     107,145        5,255,462  

Stifel Financial Corp.

     72,040        3,739,596  

Tradeweb Markets, Inc., Class A

     14,449        815,213  
     

 

 

 
Total Capital Markets

 

     115,972,422  
Chemicals – 5.1%

 

Ashland, Inc.

     39,375        3,739,444  

Avient Corp.

     91,450        2,770,935  

Balchem Corp.

     11,320        1,376,286  

Celanese Corp.

     107,794        9,738,110  

CF Industries Holdings, Inc.

     271,596        26,141,115  

Chemours Co.

     343,407        8,464,982  

Eastman Chemical Co.

     199,318        14,161,544  

Element Solutions, Inc.

     242,097        3,938,918  

FMC Corp.

     134,281        14,193,502  

Huntsman Corp.

     285,799        7,013,507  

Mosaic Co.

     190,911        9,226,729  

Olin Corp.

     224,681        9,634,321  

Quaker Chemical Corp.

     5,168        746,156  

RPM International, Inc.

     130,228        10,849,295  

Scotts Miracle-Gro Co.

     67,725        2,895,244  

Sensient Technologies Corp.

     54,240        3,761,001  

Valvoline, Inc.

     252,201        6,390,773  

Westlake Corp.

     103,000        8,948,640  
     

 

 

 
Total Chemicals

 

     143,990,502  

 

See Notes to Financial Statements.

 

WisdomTree Trust      47  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Dividend Fund (DON)

September 30, 2022

 

 

 

Investments    Shares      Value  
Commercial Services & Supplies – 0.7%

 

MSA Safety, Inc.

     34,438      $ 3,763,385  

Rollins, Inc.

     346,072        12,001,777  

Tetra Tech, Inc.

     25,663        3,298,465  
     

 

 

 
Total Commercial Services & Supplies

 

     19,063,627  
Communications Equipment – 0.5%

 

Juniper Networks, Inc.

     513,580        13,414,710  
Construction & Engineering – 0.8%

 

EMCOR Group, Inc.

     7,875        909,405  

MDU Resources Group, Inc.

     577,208        15,786,639  

Quanta Services, Inc.

     25,286        3,221,184  

Valmont Industries, Inc.

     13,402        3,600,045  
     

 

 

 
Total Construction & Engineering

 

     23,517,273  
Construction Materials – 0.1%

 

Eagle Materials, Inc.

     18,629        1,996,656  
Consumer Finance – 1.2%

 

Ally Financial, Inc.

     425,670        11,846,396  

OneMain Holdings, Inc.

     617,758        18,236,216  

SLM Corp.

     372,252        5,207,806  
     

 

 

 
Total Consumer Finance

 

     35,290,418  
Containers & Packaging – 2.2%

 

AptarGroup, Inc.

     43,266        4,111,568  

Crown Holdings, Inc.

     55,499        4,497,084  

Graphic Packaging Holding Co.

     279,333        5,514,033  

Packaging Corp. of America

     158,174        17,761,359  

Sealed Air Corp.

     124,485        5,540,827  

Silgan Holdings, Inc.

     108,319        4,553,731  

Sonoco Products Co.

     187,704        10,648,448  

Westrock Co.

     338,272        10,449,222  
     

 

 

 
Total Containers & Packaging

 

     63,076,272  
Distributors – 0.5%

 

LKQ Corp.

     287,413        13,551,523  
Diversified Consumer Services – 1.4%

 

ADT, Inc.

     718,652        5,382,703  

H&R Block, Inc.

     499,946        21,267,703  

Service Corp. International

     208,403        12,033,189  
     

 

 

 
Total Diversified Consumer Services

 

     38,683,595  
Diversified Financial Services – 0.2%

 

Voya Financial, Inc.

     78,954        4,776,717  
Electric Utilities – 4.9%

 

Alliant Energy Corp.

     411,546        21,807,822  

Evergy, Inc.

     690,822        41,034,827  

Hawaiian Electric Industries, Inc.

     240,188        8,324,916  

IDACORP, Inc.

     123,777        12,255,161  

NRG Energy, Inc.

     491,628        18,814,603  

OGE Energy Corp.

     767,267        27,974,555  

Portland General Electric Co.

     194,613        8,457,881  
     

 

 

 
Total Electric Utilities

 

     138,669,765  
Electrical Equipment – 0.8%

 

Acuity Brands, Inc.

     2,106        331,632  

Hubbell, Inc.

     69,957        15,600,411  

Regal Rexnord Corp.

     54,637      7,668,849  

Vertiv Holdings Co.

     917        8,913  
     

 

 

 
Total Electrical Equipment

 

     23,609,805  
Electronic Equipment, Instruments & Components – 0.7%

 

Cognex Corp.

     34,693        1,438,025  

Jabil, Inc.

     56,942        3,286,123  

Littelfuse, Inc.

     13,335        2,649,531  

National Instruments Corp.

     226,272        8,539,505  

TD SYNNEX Corp.

     36,107        2,931,527  

Vontier Corp.

     26,363        440,526  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     19,285,237  
Energy Equipment & Services – 0.2%

 

NOV, Inc.

     369,944        5,985,694  
Entertainment – 0.1%

 

Warner Music Group Corp., Class A

     100,656        2,336,226  
Equity Real Estate Investment Trusts (REITs) – 8.8%

 

Agree Realty Corp.

     58,114        3,927,344  

American Homes 4 Rent, Class A

     85,686        2,811,358  

Americold Realty Trust, Inc.

     146,076        3,593,470  

Apartment Income REIT Corp.

     110,492        4,267,201  

Brixmor Property Group, Inc.

     378,580        6,992,373  

Broadstone Net Lease, Inc.

     210,793        3,273,615  

Cousins Properties, Inc.

     104,575        2,441,826  

CubeSmart

     234,868        9,408,812  

Douglas Emmett, Inc.

     148,862        2,669,096  

EastGroup Properties, Inc.

     26,417        3,813,030  

Equity LifeStyle Properties, Inc.

     91,557        5,753,442  

Federal Realty Investment Trust

     53,854        4,853,322  

First Industrial Realty Trust, Inc.

     63,709        2,854,800  

Gaming and Leisure Properties, Inc.

     449,936        19,905,169  

Healthcare Realty Trust, Inc., Class A

     390,069        8,132,939  

Highwoods Properties, Inc.

     153,442        4,136,796  

Innovative Industrial Properties, Inc.

     15,100        1,336,350  

Iron Mountain, Inc.

     497,729        21,885,144  

Kilroy Realty Corp.

     113,694        4,787,654  

Kimco Realty Corp.

     564,376        10,390,162  

Kite Realty Group Trust

     133,233        2,294,272  

Lamar Advertising Co., Class A

     90,887        7,497,269  

Life Storage, Inc.

     71,161        7,881,792  

LXP Industrial Trust

     343,472        3,146,204  

Macerich Co.

     150,001        1,191,008  

National Retail Properties, Inc.

     261,658        10,429,688  

National Storage Affiliates Trust

     69,311        2,881,951  

Omega Healthcare Investors, Inc.

     474,282        13,986,576  

Physicians Realty Trust

     257,105        3,866,859  

Rayonier, Inc.

     127,290        3,814,881  

Regency Centers Corp.

     122,862        6,616,119  

Rexford Industrial Realty, Inc.

     54,691        2,843,932  

Safehold, Inc.

     23,672        626,361  

SL Green Realty Corp.

     107,700        4,325,232  

Spirit Realty Capital, Inc.

     201,229        7,276,441  

STAG Industrial, Inc.

     174,552        4,962,513  

STORE Capital Corp.

     370,236        11,599,494  

 

See Notes to Financial Statements.

 

48   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Dividend Fund (DON)

September 30, 2022

 

 

 

Investments    Shares      Value  

Terreno Realty Corp.

     52,857      $ 2,800,892  

W.P. Carey, Inc.

     313,521        21,883,766  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     247,159,153  
Food & Staples Retailing – 0.6%

 

Albertsons Cos., Inc., Class A

     564,737        14,039,362  

Casey’s General Stores, Inc.

     20,290        4,109,131  
     

 

 

 
Total Food & Staples Retailing

 

     18,148,493  
Food Products – 4.4%

 

Campbell Soup Co.

     648,244        30,545,257  

Conagra Brands, Inc.

     1,114,069        36,352,072  

Flowers Foods, Inc.

     643,800        15,895,422  

Ingredion, Inc.

     114,597        9,227,350  

J.M. Smucker Co.

     193,262        26,556,131  

Lancaster Colony Corp.

     34,325        5,158,361  

Seaboard Corp.

     133        452,554  
     

 

 

 
Total Food Products

 

     124,187,147  
Gas Utilities – 2.0%

 

Atmos Energy Corp.

     228,096        23,231,578  

National Fuel Gas Co.

     251,618        15,487,088  

UGI Corp.

     580,455        18,766,110  
     

 

 

 
Total Gas Utilities

 

     57,484,776  
Health Care Equipment & Supplies – 0.2%

 

Dentsply Sirona, Inc.

     105,145        2,980,861  

Teleflex, Inc.

     9,583        1,930,591  
     

 

 

 
Total Health Care Equipment & Supplies

 

     4,911,452  
Health Care Providers & Services – 2.2%

 

Cardinal Health, Inc.

     681,766        45,460,157  

Chemed Corp.

     3,166        1,382,149  

Encompass Health Corp.

     108,041        4,886,694  

Ensign Group, Inc.

     17,020        1,353,090  

Premier, Inc., Class A

     226,817        7,698,169  

Universal Health Services, Inc., Class B

     27,142        2,393,382  
     

 

 

 
Total Health Care Providers & Services

 

     63,173,641  
Hotels, Restaurants & Leisure – 1.7%

 

Aramark

     186,070        5,805,384  

Choice Hotels International, Inc.

     25,550        2,798,236  

Churchill Downs, Inc.

     11,012        2,027,860  

Marriott Vacations Worldwide Corp.

     34,370        4,188,328  

Papa John’s International, Inc.(a)

     29,905        2,093,649  

Texas Roadhouse, Inc.

     74,620        6,511,341  

Travel & Leisure Co.

     156,658        5,345,171  

Vail Resorts, Inc.

     25,515        5,502,054  

Wendy’s Co.

     256,472        4,793,462  

Wingstop, Inc.

     11,285        1,415,365  

Wyndham Hotels & Resorts, Inc.

     121,795        7,472,123  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     47,952,973  
Household Durables – 1.7%

 

Leggett & Platt, Inc.

     328,775        10,921,905  

Newell Brands, Inc.

     1,064,417        14,784,752  

PulteGroup, Inc.

     141,819        5,318,213  

Tempur Sealy International, Inc.

     119,816        2,892,358  

Toll Brothers, Inc.

     76,348      3,206,616  

Whirlpool Corp.

     84,289        11,363,000  
     

 

 

 
Total Household Durables

 

     48,486,844  
Household Products – 0.4%

 

Reynolds Consumer Products, Inc.(a)

     407,984        10,611,664  

Spectrum Brands Holdings, Inc.

     50,273        1,962,155  
     

 

 

 
Total Household Products

 

     12,573,819  
Independent Power & Renewable Electricity Producers – 1.3%

 

AES Corp.

     966,515        21,843,239  

Clearway Energy, Inc., Class C

     396,835        12,639,195  

Ormat Technologies, Inc.(a)

     20,884        1,800,201  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     36,282,635  
Insurance – 7.6%

 

American Financial Group, Inc.

     121,516        14,937,962  

Assurant, Inc.

     59,388        8,627,295  

CNA Financial Corp.

     568,045        20,960,861  

Erie Indemnity Co., Class A

     62,543        13,903,934  

Fidelity National Financial, Inc.

     882,717        31,954,355  

First American Financial Corp.

     256,427        11,821,285  

Globe Life, Inc.

     50,379        5,022,786  

Hanover Insurance Group, Inc.

     65,116        8,343,964  

Kinsale Capital Group, Inc.

     2,800        715,176  

Lincoln National Corp.

     287,194        12,610,689  

Loews Corp.

     53,524        2,667,636  

Old Republic International Corp.

     969,606        20,293,854  

Primerica, Inc.

     40,286        4,973,307  

Reinsurance Group of America, Inc.

     109,194        13,737,697  

RLI Corp.

     36,297        3,716,087  

Selective Insurance Group, Inc.

     73,496        5,982,574  

Unum Group

     620,773        24,085,992  

W.R. Berkley Corp.

     151,586        9,789,424  
     

 

 

 
Total Insurance

 

     214,144,878  
Interactive Media & Services – 0.0%

 

Shutterstock, Inc.

     14,507        727,816  
IT Services – 0.6%

 

Concentrix Corp.

     26,807        2,992,466  

Jack Henry & Associates, Inc.

     45,984        8,381,504  

Maximus, Inc.

     42,837        2,478,977  

Switch, Inc., Class A

     41,931        1,412,655  

TTEC Holdings, Inc.

     40,629        1,800,271  
     

 

 

 
Total IT Services

 

     17,065,873  
Leisure Products – 1.1%

 

Acushnet Holdings Corp.

     84,242        3,663,684  

Brunswick Corp.

     72,644        4,754,550  

Hasbro, Inc.

     215,912        14,556,787  

Polaris, Inc.

     88,323        8,448,095  
     

 

 

 
Total Leisure Products

 

     31,423,116  
Life Sciences Tools & Services – 0.1%

 

Azenta, Inc.

     25,367        1,087,230  

Bruker Corp.

     38,917        2,064,936  
     

 

 

 
Total Life Sciences Tools & Services

 

     3,152,166  

 

See Notes to Financial Statements.

 

WisdomTree Trust      49  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Dividend Fund (DON)

September 30, 2022

 

 

 

Investments    Shares      Value  
Machinery – 3.2%

 

AGCO Corp.

     38,158      $ 3,669,655  

Crane Holdings Co.

     81,278        7,115,076  

Donaldson Co., Inc.

     168,306        8,248,677  

Franklin Electric Co., Inc.

     41,101        3,358,363  

Graco, Inc.

     136,227        8,166,809  

ITT, Inc.

     53,693        3,508,301  

John Bean Technologies Corp.

     571        49,106  

Lincoln Electric Holdings, Inc.

     92,423        11,619,419  

Nordson Corp.

     36,947        7,842,740  

Oshkosh Corp.

     46,327        3,256,325  

Snap-on, Inc.

     86,912        17,499,731  

Timken Co.

     91,084        5,377,599  

Toro Co.

     105,000        9,080,400  

Watts Water Technologies, Inc., Class A

     12,643        1,589,604  
     

 

 

 
Total Machinery

 

     90,381,805  
Media – 2.8%

 

Cable One, Inc.(a)

     1,746        1,489,425  

Interpublic Group of Cos., Inc.

     742,626        19,011,226  

New York Times Co., Class A

     62,276        1,790,435  

News Corp., Class A

     330,631        4,995,834  

Nexstar Media Group, Inc., Class A

     68,135        11,368,325  

Omnicom Group, Inc.

     509,933        32,171,673  

TEGNA, Inc.

     346,417        7,163,904  
     

 

 

 
Total Media

 

     77,990,822  
Metals & Mining – 1.6%

 

Alcoa Corp.

     82,581        2,779,677  

Reliance Steel & Aluminum Co.

     104,347        18,199,160  

Royal Gold, Inc.

     55,027        5,162,633  

Steel Dynamics, Inc.

     216,996        15,395,866  

United States Steel Corp.

     141,119        2,557,076  
     

 

 

 
Total Metals & Mining

 

     44,094,412  
Multi-Utilities – 2.0%

 

Black Hills Corp.

     146,888        9,948,724  

CenterPoint Energy, Inc.

     923,747        26,031,191  

NiSource, Inc.

     791,086        19,927,456  
     

 

 

 
Total Multi-Utilities

 

     55,907,371  
Multiline Retail – 0.4%

 

Dillard’s, Inc., Class A

     2,318        632,258  

Kohl’s Corp.

     171,638        4,316,696  

Macy’s, Inc.

     363,102        5,689,808  
     

 

 

 
Total Multiline Retail

 

     10,638,762  
Oil, Gas & Consumable Fuels – 9.3%

 

Antero Midstream Corp.(a)

     2,716,380        24,936,368  

APA Corp.

     435,134        14,877,231  

Chesapeake Energy Corp.(a)

     200,954        18,931,876  

Civitas Resources, Inc.

     239,299        13,733,370  

Continental Resources, Inc.

     587,969        39,282,209  

Coterra Energy, Inc.

     1,257,671        32,850,367  

DTE Midstream LLC*

     290,070        15,051,732  

Equitrans Midstream Corp.

     1,540,031        11,519,432  

HF Sinclair Corp.

     404,214        21,762,882  

Marathon Oil Corp.

     750,297      16,941,706  

Matador Resources Co.

     37,861        1,852,160  

Murphy Oil Corp.

     165,424        5,817,962  

Ovintiv, Inc.

     394,115        18,129,290  

PDC Energy, Inc.

     81,112        4,687,463  

Targa Resources Corp.

     172,052        10,381,618  

Texas Pacific Land Corp.

     5,934        10,546,083  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     261,301,749  
Paper & Forest Products – 0.2%

 

Louisiana-Pacific Corp.

     90,820        4,649,076  
Pharmaceuticals – 0.7%

 

Organon & Co.

     852,980        19,959,732  
Professional Services – 2.1%

 

Booz Allen Hamilton Holding Corp.

     131,054        12,102,837  

Exponent, Inc.

     35,291        3,093,962  

Insperity, Inc.

     60,472        6,173,586  

KBR, Inc.

     100,135        4,327,835  

Korn Ferry

     11,901        558,752  

Leidos Holdings, Inc.

     128,983        11,282,143  

ManpowerGroup, Inc.

     94,816        6,133,647  

Robert Half International, Inc.

     135,061        10,332,166  

Science Applications International Corp.

     58,346        5,159,537  
     

 

 

 
Total Professional Services

 

     59,164,465  
Real Estate Management & Development – 0.0%

 

eXp World Holdings, Inc.(a)

     2,126        23,832  
Road & Rail – 0.6%

 

Knight-Swift Transportation Holdings, Inc.

     54,202        2,652,104  

Landstar System, Inc.

     18,381        2,653,665  

Ryder System, Inc.

     140,900        10,636,541  
     

 

 

 
Total Road & Rail

 

     15,942,310  
Semiconductors & Semiconductor Equipment – 0.3%

 

Amkor Technology, Inc.

     164,309        2,801,468  

MKS Instruments, Inc.

     24,189        1,998,979  

Power Integrations, Inc.

     38,743        2,491,950  

Universal Display Corp.

     10,596        999,733  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     8,292,130  
Software – 0.7%

 

Bentley Systems, Inc., Class B

     26,095        798,246  

Dolby Laboratories, Inc., Class A

     66,302        4,319,576  

NortonLifeLock, Inc.

     738,565        14,874,699  

Pegasystems, Inc.

     10,708        344,155  
     

 

 

 
Total Software

 

     20,336,676  
Specialty Retail – 2.3%

 

Advance Auto Parts, Inc.

     64,145        10,028,429  

American Eagle Outfitters, Inc.

     260,741        2,537,010  

Dick’s Sporting Goods, Inc.(a)

     99,183        10,378,509  

Foot Locker, Inc.

     165,766        5,160,296  

Gap, Inc.

     600,261        4,928,143  

Lithia Motors, Inc.

     8,593        1,843,628  

Murphy USA, Inc.

     14,472        3,978,498  

Penske Automotive Group, Inc.

     131,350        12,928,780  

Williams-Sonoma, Inc.

     104,975        12,371,304  
     

 

 

 
Total Specialty Retail

 

     64,154,597  

 

See Notes to Financial Statements.

 

50   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. MidCap Dividend Fund (DON)

September 30, 2022

 

 

 

Investments    Shares      Value  
Textiles, Apparel & Luxury Goods – 1.0%

 

Carter’s, Inc.(a)

     57,327      $ 3,756,638  

Columbia Sportswear Co.

     52,971        3,564,948  

Hanesbrands, Inc.(a)

     762,891        5,309,721  

PVH Corp.

     5,974        267,635  

Ralph Lauren Corp.

     58,650        4,981,145  

Tapestry, Inc.

     384,180        10,922,238  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     28,802,325  
Thrifts & Mortgage Finance – 1.2%

 

MGIC Investment Corp.

     393,669        5,046,837  

New York Community Bancorp, Inc.(a)

     1,533,130        13,077,599  

TFS Financial Corp.

     1,040,545        13,527,085  

Walker & Dunlop, Inc.

     32,565        2,726,667  
     

 

 

 
Total Thrifts & Mortgage Finance

 

     34,378,188  
Trading Companies & Distributors – 0.9%

 

Air Lease Corp.

     110,553        3,428,248  

Herc Holdings, Inc.

     16,519        1,715,994  

Watsco, Inc.(a)

     77,186        19,872,308  
     

 

 

 
Total Trading Companies & Distributors

 

     25,016,550  
Water Utilities – 0.5%

 

Essential Utilities, Inc.

     336,922        13,941,832  
Total United States

 

     2,800,624,991  
Puerto Rico – 0.4%

 

Banks – 0.4%

 

Popular, Inc.

     162,902        11,738,718  

TOTAL COMMON STOCKS

(Cost: $2,830,104,714)

 

 

     2,812,363,709  
EXCHANGE-TRADED FUND – 0.0%

 

United States – 0.0%

 

WisdomTree U.S. LargeCap Dividend Fund(b)
(Cost: $923,739)
     15,746      870,124  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.1%

 

United States – 1.1%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(c)

     
(Cost: $30,311,924)      30,311,924        30,311,924  

TOTAL INVESTMENTS IN SECURITIES – 100.8%

(Cost: $2,861,340,377)

 

 

     2,843,545,757  

Other Assets less Liabilities – (0.8)%

 

     (23,757,286
     

 

 

 
NET ASSETS – 100.0%

 

   $ 2,819,788,471  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $68,591,795 and the total market value of the collateral held by the Fund was $70,923,312. The total market value of the collateral includes non-cash U.S. Government and U.S. Government Agencies securities collateral having a value of $40,611,388.

 

(b) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

INVESTMENT IN AFFILIATES               

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate   Value at
3/31/2022
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
   

Change in
Unrealized
Appreciation/

Depreciation

    Value at
9/30/2022
    Dividend
Income
 

WisdomTree U.S. LargeCap Dividend Fund

  $ 643,530     $ 13,219,410     $ 12,667,431     $ (131,106   $ (194,279   $ 870,124     $ 53,213  

 

FAIR VALUATION SUMMARY               

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets
(Level 1)

     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 2,812,363,709      $      $      $ 2,812,363,709  

Exchange-Traded Fund

     870,124                      870,124  

Investment of Cash Collateral for Securities Loaned

            30,311,924               30,311,924  

Total Investments in Securities

   $ 2,813,233,833      $ 30,311,924      $      $ 2,843,545,757  

 

See Notes to Financial Statements.

 

WisdomTree Trust      51  


Schedule of Investments (unaudited)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.4%

 

United States – 100.4%

 

Aerospace & Defense – 1.1%

 

BWX Technologies, Inc.

     23,114      $ 1,164,252  

Curtiss-Wright Corp.

     9,415        1,310,192  

Huntington Ingalls Industries, Inc.

     14,850        3,289,275  

Parsons Corp.*

     21,730        851,816  

Woodward, Inc.

     8,263        663,188  
     

 

 

 
Total Aerospace & Defense

 

     7,278,723  
Auto Components – 1.4%

 

BorgWarner, Inc.

     92,422        2,902,051  

Dana, Inc.

     51,165        584,816  

Dorman Products, Inc.*

     5,312        436,221  

Fox Factory Holding Corp.*

     4,296        339,728  

Gentex Corp.

     49,242        1,173,929  

Goodyear Tire & Rubber Co.*

     94,343        951,921  

LCI Industries

     6,562        665,781  

Lear Corp.

     14,471        1,732,034  

Visteon Corp.*

     2,570        272,574  
     

 

 

 
Total Auto Components

 

     9,059,055  
Automobiles – 0.6%

 

Harley-Davidson, Inc.

     64,655        2,255,166  

Thor Industries, Inc.

     24,275        1,698,765  
     

 

 

 
Total Automobiles

 

     3,953,931  
Banks – 9.5%

 

Ameris Bancorp

     27,596        1,233,817  

Associated Banc-Corp.

     48,997        983,860  

Bank of Hawaii Corp.

     9,212        701,217  

Bank OZK

     45,097        1,784,037  

BankUnited, Inc.

     32,429        1,108,099  

BOK Financial Corp.

     23,167        2,058,620  

Cadence Bank

     32,909        836,218  

Cathay General Bancorp

     23,136        889,811  

Comerica, Inc.

     52,411        3,726,422  

Commerce Bancshares, Inc.

     29,583        1,957,211  

Community Bank System, Inc.

     8,635        518,791  

Cullen/Frost Bankers, Inc.

     11,877        1,570,377  

East West Bancorp, Inc.

     40,064        2,689,897  

Eastern Bankshares, Inc.

     22,429        440,506  

First Citizens BancShares, Inc., Class A

     5,652        4,507,074  

First Financial Bankshares, Inc.

     14,977        626,488  

First Hawaiian, Inc.

     35,098        864,464  

First Horizon Corp.

     227,650        5,213,185  

FNB Corp.

     118,454        1,374,066  

Glacier Bancorp, Inc.

     19,712        968,450  

Hancock Whitney Corp.

     33,290        1,525,015  

Home BancShares, Inc.

     45,970        1,034,785  

Independent Bank Corp.

     5,622        419,008  

Independent Bank Group, Inc.

     10,694        656,505  

Live Oak Bancshares, Inc.

     6,199        189,689  

Pacific Premier Bancorp, Inc.

     28,309        876,447  

PacWest Bancorp

     49,421        1,116,915  

Pinnacle Financial Partners, Inc.

     19,459        1,578,125  

Prosperity Bancshares, Inc.

     26,699      1,780,289  

ServisFirst Bancshares, Inc.

     7,852        628,160  

Silvergate Capital Corp., Class A*

     2,626        197,869  

Simmons First National Corp., Class A

     33,152        722,382  

SouthState Corp.

     20,829        1,647,990  

Synovus Financial Corp.

     56,409        2,115,902  

Triumph Bancorp, Inc.*

     2,358        128,157  

UMB Financial Corp.

     15,005        1,264,771  

Umpqua Holdings Corp.

     90,060        1,539,125  

United Bankshares, Inc.

     37,697        1,347,668  

United Community Banks, Inc.

     25,914        857,753  

Valley National Bancorp

     121,992        1,317,514  

Webster Financial Corp.

     52,928        2,392,346  

Wintrust Financial Corp.

     18,087        1,474,995  

Zions Bancorp NA

     70,384        3,579,730  
     

 

 

 
Total Banks

 

     62,443,750  
Beverages – 0.3%

 

Celsius Holdings, Inc.*(a)

     6,454        585,249  

Coca-Cola Consolidated, Inc.

     2,670        1,099,319  

National Beverage Corp.

     14,481        558,098  
     

 

 

 
Total Beverages

 

     2,242,666  
Biotechnology – 1.4%

 

Arrowhead Pharmaceuticals, Inc.*

     8,839        292,129  

Denali Therapeutics, Inc.*

     10,585        324,854  

Exelixis, Inc.*

     42,603        668,015  

Halozyme Therapeutics, Inc.*(a)

     51,721        2,045,048  

Neurocrine Biosciences, Inc.*

     22,802        2,421,800  

Sarepta Therapeutics, Inc.*

     7,198        795,667  

United Therapeutics Corp.*

     10,044        2,103,013  

Vir Biotechnology, Inc.*

     12,814        247,054  
     

 

 

 
Total Biotechnology

 

     8,897,580  
Building Products – 1.6%

 

A.O. Smith Corp.

     23,314        1,132,594  

AAON, Inc.

     4,887        263,311  

Advanced Drainage Systems, Inc.

     7,994        994,214  

Armstrong World Industries, Inc.

     7,305        578,775  

AZEK Co., Inc.*

     16,624        276,291  

Hayward Holdings, Inc.*(a)

     20,147        178,704  

Lennox International, Inc.

     6,161        1,371,870  

Owens Corning

     41,237        3,241,641  

Resideo Technologies, Inc.*

     35,897        684,197  

Simpson Manufacturing Co., Inc.

     7,296        572,006  

UFP Industries, Inc.

     19,980        1,441,757  
     

 

 

 
Total Building Products

 

     10,735,360  
Capital Markets – 3.1%

 

Affiliated Managers Group, Inc.

     17,350        1,940,598  

Blue Owl Capital, Inc.(a)

     38,129        351,931  

Cohen & Steers, Inc.

     5,968        373,776  

Evercore, Inc., Class A

     19,556        1,608,481  

Federated Hermes, Inc.

     27,537        912,025  

Focus Financial Partners, Inc., Class A*

     9,121        287,403  

 

See Notes to Financial Statements.

 

52   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Hamilton Lane, Inc., Class A

     4,000      $ 238,440  

Houlihan Lokey, Inc.

     14,600        1,100,548  

Interactive Brokers Group, Inc., Class A

     13,766        879,785  

Jefferies Financial Group, Inc.

     167,587        4,943,816  

Moelis & Co., Class A

     23,877        807,281  

Piper Sandler Cos.

     6,213        650,750  

SEI Investments Co.

     32,407        1,589,563  

Stifel Financial Corp.

     41,003        2,128,466  

Tradeweb Markets, Inc., Class A

     11,788        665,079  

Virtu Financial, Inc., Class A

     74,742        1,552,391  
     

 

 

 
Total Capital Markets

 

     20,030,333  
Chemicals – 2.5%

 

Ashland, Inc.

     10,810        1,026,626  

Avient Corp.

     20,242        613,333  

Balchem Corp.

     3,216        391,001  

Cabot Corp.

     21,451        1,370,504  

Chemours Co.

     86,760        2,138,634  

Element Solutions, Inc.

     61,907        1,007,227  

H.B. Fuller Co.

     10,060        604,606  

Huntsman Corp.

     86,145        2,113,998  

Livent Corp.*(a)

     14,766        452,578  

NewMarket Corp.

     2,997        901,588  

Olin Corp.

     74,927        3,212,870  

Quaker Chemical Corp.

     2,302        332,363  

Scotts Miracle-Gro Co.

     15,378        657,409  

Sensient Technologies Corp.

     5,804        402,449  

Valvoline, Inc.

     41,136        1,042,386  
     

 

 

 
Total Chemicals

 

     16,267,572  
Commercial Services & Supplies – 0.9%

 

ABM Industries, Inc.

     20,887        798,510  

Brink’s Co.

     15,552        753,339  

Casella Waste Systems, Inc., Class A*

     4,286        327,407  

Clean Harbors, Inc.*

     7,761        853,555  

Driven Brands Holdings, Inc.*

     16,514        462,062  

IAA, Inc.*

     25,205        802,779  

MSA Safety, Inc.

     4,899        535,363  

Stericycle, Inc.*

     16,030        675,023  

Tetra Tech, Inc.

     4,969        638,666  
     

 

 

 
Total Commercial Services & Supplies

 

     5,846,704  
Communications Equipment – 1.0%

 

Calix, Inc.*

     8,130        497,068  

Ciena Corp.*

     28,533        1,153,589  

Juniper Networks, Inc.

     76,066        1,986,844  

Lumentum Holdings, Inc.*(a)

     23,632        1,620,446  

ViaSat, Inc.*(a)

     12,082        365,239  

Viavi Solutions, Inc.*

     55,633        726,011  
     

 

 

 
Total Communications Equipment

 

     6,349,197  
Construction & Engineering – 1.4%

 

AECOM

     24,222        1,656,058  

Ameresco, Inc., Class A*(a)

     4,578        304,345  

API Group Corp.*(a)

     38,452        510,258  

Comfort Systems USA, Inc.

     5,686        553,418  

EMCOR Group, Inc.

     12,739      1,471,100  

MasTec, Inc.*

     19,455        1,235,393  

MDU Resources Group, Inc.

     57,633        1,576,263  

Valmont Industries, Inc.

     3,793        1,018,876  

WillScot Mobile Mini Holdings Corp.*

     20,770        837,654  
     

 

 

 
Total Construction & Engineering

 

     9,163,365  
Construction Materials – 0.2%

 

Eagle Materials, Inc.

     9,306        997,417  

Summit Materials, Inc., Class A*

     14,335        343,467  
     

 

 

 
Total Construction Materials

 

     1,340,884  
Consumer Finance – 1.7%

 

Bread Financial Holdings, Inc.

     34,491        1,084,742  

Credit Acceptance Corp.*(a)

     5,422        2,374,836  

Navient Corp.

     112,731        1,656,018  

OneMain Holdings, Inc.

     93,920        2,772,518  

SLM Corp.

     209,659        2,933,130  
     

 

 

 
Total Consumer Finance

 

     10,821,244  
Containers & Packaging – 1.5%

 

AptarGroup, Inc.

     9,223        876,462  

Berry Global Group, Inc.*

     46,072        2,143,730  

Graphic Packaging Holding Co.

     64,676        1,276,704  

Greif, Inc., Class A

     17,578        1,047,121  

Sealed Air Corp.

     32,764        1,458,326  

Silgan Holdings, Inc.

     34,557        1,452,776  

Sonoco Products Co.

     24,131        1,368,952  
     

 

 

 
Total Containers & Packaging

 

     9,624,071  
Diversified Consumer Services – 1.3%

 

ADT, Inc.

     179,055        1,341,122  

Bright Horizons Family Solutions, Inc.*

     5,135        296,033  

Chegg, Inc.*

     30,868        650,389  

Coursera, Inc.*

     12,456        134,275  

H&R Block, Inc.

     57,743        2,456,387  

Service Corp. International

     46,519        2,686,007  

Terminix Global Holdings, Inc.*

     21,045        805,813  
     

 

 

 
Total Diversified Consumer Services

 

     8,370,026  
Diversified Financial Services – 0.6%

 

Voya Financial, Inc.

     65,954        3,990,217  
Diversified Telecommunication Services – 0.7%

 

Cogent Communications Holdings, Inc.

     4,191        218,603  

Frontier Communications Parent, Inc.*

     181,256        4,246,828  
     

 

 

 
Total Diversified Telecommunication Services

 

     4,465,431  
Electric Utilities – 2.1%

 

ALLETE, Inc.

     10,502        525,625  

Hawaiian Electric Industries, Inc.

     24,900        863,034  

IDACORP, Inc.

     9,529        943,466  

NRG Energy, Inc.

     170,887        6,539,846  

OGE Energy Corp.

     53,750        1,959,725  

Pinnacle West Capital Corp.

     35,189        2,270,042  

Portland General Electric Co.

     18,657        810,833  
     

 

 

 
Total Electric Utilities

 

     13,912,571  

 

See Notes to Financial Statements.

 

WisdomTree Trust      53  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2022

 

 

 

Investments    Shares      Value  
Electrical Equipment – 1.3%

 

Acuity Brands, Inc.

     7,650      $ 1,204,646  

Atkore, Inc.*

     23,235        1,807,915  

EnerSys

     11,652        677,797  

GrafTech International Ltd.

     156,981        676,588  

Hubbell, Inc.

     8,909        1,986,707  

Regal Rexnord Corp.

     9,060        1,271,662  

SunPower Corp.*(a)

     17,353        399,813  

Vertiv Holdings Co.

     58,049        564,236  

Vicor Corp.*

     3,230        191,022  
     

 

 

 
Total Electrical Equipment

 

     8,780,386  
Electronic Equipment, Instruments & Components – 2.3%

 

Advanced Energy Industries, Inc.

     9,747        754,515  

Arrow Electronics, Inc.*

     33,381        3,077,394  

Avnet, Inc.

     39,686        1,433,458  

Badger Meter, Inc.

     3,095        285,947  

Coherent Corp.*(a)

     29,251        1,019,397  

Insight Enterprises, Inc.*

     10,768        887,391  

IPG Photonics Corp.*

     6,669        562,530  

Jabil, Inc.

     59,137        3,412,796  

Littelfuse, Inc.

     4,278        849,996  

National Instruments Corp.

     11,806        445,559  

TD SYNNEX Corp.

     17,992        1,460,771  

Vontier Corp.

     65,067        1,087,270  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     15,277,024  
Energy Equipment & Services – 0.1%

 

ChampionX Corp.

     18,218        356,526  
Entertainment – 0.1%

 

Warner Music Group Corp., Class A

     37,552        871,582  
Equity Real Estate Investment Trusts (REITs) – 3.5%

 

Agree Realty Corp.

     6,959        470,289  

Brixmor Property Group, Inc.

     38,936        719,148  

Broadstone Net Lease, Inc.

     17,167        266,604  

Cousins Properties, Inc.

     14,633        341,681  

Douglas Emmett, Inc.

     14,762        264,683  

EastGroup Properties, Inc.

     3,248        468,816  

EPR Properties

     6,428        230,508  

Essential Properties Realty Trust, Inc.

     12,426        241,686  

Federal Realty Investment Trust

     7,366        663,824  

First Industrial Realty Trust, Inc.

     16,057        719,514  

Gaming and Leisure Properties, Inc.

     50,703        2,243,101  

Healthcare Realty Trust, Inc., Class A

     29,822        621,789  

Highwoods Properties, Inc.

     25,039        675,051  

Innovative Industrial Properties, Inc.

     2,125        188,062  

Kilroy Realty Corp.

     39,210        1,651,133  

Kite Realty Group Trust

     16,945        291,793  

Lamar Advertising Co., Class A

     13,934        1,149,416  

Life Storage, Inc.

     7,091        785,399  

LXP Industrial Trust

     62,563        573,077  

National Retail Properties, Inc.

     23,721        945,519  

National Storage Affiliates Trust

     7,792        323,991  

Omega Healthcare Investors, Inc.

     65,482        1,931,064  

Physicians Realty Trust

     21,125        317,720  

PotlatchDeltic Corp.

     33,452      1,372,870  

Rayonier, Inc.

     13,131        393,536  

Rexford Industrial Realty, Inc.

     11,719        609,388  

Safehold, Inc.

     5,782        152,992  

SL Green Realty Corp.

     37,282        1,497,245  

Spirit Realty Capital, Inc.

     13,421        485,303  

STAG Industrial, Inc.

     18,845        535,763  

STORE Capital Corp.

     30,387        952,025  

Terreno Realty Corp.

     5,994        317,622  

Vornado Realty Trust

     15,285        354,001  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     22,754,613  
Food & Staples Retailing – 1.4%

 

BJ’s Wholesale Club Holdings, Inc.*

     49,917        3,634,457  

Casey’s General Stores, Inc.

     6,382        1,292,483  

Performance Food Group Co.*

     53,789        2,310,237  

Sprouts Farmers Market, Inc.*

     42,613        1,182,511  

U.S. Foods Holding Corp.*

     34,705        917,600  
     

 

 

 
Total Food & Staples Retailing

 

     9,337,288  
Food Products – 1.3%

 

Darling Ingredients, Inc.*

     33,566        2,220,391  

Flowers Foods, Inc.

     45,873        1,132,604  

Hain Celestial Group, Inc.*

     15,459        260,948  

Ingredion, Inc.

     20,779        1,673,125  

Lancaster Colony Corp.

     4,430        665,740  

Pilgrim’s Pride Corp.*

     70,449        1,621,736  

Post Holdings, Inc.*

     6,534        535,200  

Simply Good Foods Co.*

     14,657        468,878  
     

 

 

 
Total Food Products

 

     8,578,622  
Gas Utilities – 1.0%

 

National Fuel Gas Co.

     26,164        1,610,394  

New Jersey Resources Corp.

     21,850        845,595  

ONE Gas, Inc.

     12,567        884,591  

Spire, Inc.

     16,226        1,011,367  

UGI Corp.

     57,161        1,848,015  
     

 

 

 
Total Gas Utilities

 

     6,199,962  
Health Care Equipment & Supplies – 1.7%

 

CONMED Corp.

     3,075        246,523  

Dentsply Sirona, Inc.

     51,662        1,464,618  

Enovis Corp.*

     9,228        425,134  

Envista Holdings Corp.*

     37,607        1,233,886  

Globus Medical, Inc., Class A*

     13,722        817,419  

ICU Medical, Inc.*

     2,982        449,089  

Inari Medical, Inc.*

     4,388        318,744  

Inspire Medical Systems, Inc.*

     2,361        418,770  

Integra LifeSciences Holdings Corp.*

     17,368        735,708  

iRhythm Technologies, Inc.*

     2,657        332,869  

Merit Medical Systems, Inc.*

     8,288        468,355  

Neogen Corp.*

     9,742        136,096  

Omnicell, Inc.*

     4,202        365,700  

Penumbra, Inc.*

     3,035        575,436  

QuidelOrtho Corp.*

     26,693        1,908,016  

Shockwave Medical, Inc.*(a)

     2,923        812,799  

 

See Notes to Financial Statements.

 

54   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2022

 

 

 

Investments    Shares      Value  

STAAR Surgical Co.*

     4,173      $ 294,405  

Tandem Diabetes Care, Inc.*

     5,148        246,332  
     

 

 

 
Total Health Care Equipment & Supplies

 

     11,249,899  
Health Care Providers & Services – 4.0%

 

Acadia Healthcare Co., Inc.*

     20,147        1,575,092  

Amedisys, Inc.*

     6,021        582,773  

AMN Healthcare Services, Inc.*

     10,763        1,140,447  

Apollo Medical Holdings, Inc.*(a)

     6,105        238,095  

Chemed Corp.

     2,707        1,181,768  

CorVel Corp.*

     1,822        252,219  

DaVita, Inc.*

     39,060        3,232,996  

Encompass Health Corp.

     27,968        1,264,993  

Enhabit, Inc.*

     13,799        193,738  

Ensign Group, Inc.

     10,496        834,432  

HealthEquity, Inc.*

     9,879        663,572  

Henry Schein, Inc.*

     35,673        2,346,213  

Invitae Corp.*(a)

     20,352        50,066  

LHC Group, Inc.*

     6,587        1,078,028  

Option Care Health, Inc.*

     17,667        555,981  

Owens & Minor, Inc.

     32,999        795,276  

Patterson Cos., Inc.

     27,362        657,235  

Premier, Inc., Class A

     33,873        1,149,650  

Progyny, Inc.*

     8,145        301,854  

R1 RCM, Inc.*

     28,592        529,810  

Select Medical Holdings Corp.

     59,099        1,306,088  

Tenet Healthcare Corp.*

     58,010        2,992,156  

Universal Health Services, Inc., Class B

     34,449        3,037,713  
     

 

 

 
Total Health Care Providers & Services

 

     25,960,195  
Health Care Technology – 0.0%

 

Certara, Inc.*

     13,549        179,931  
Hotels, Restaurants & Leisure – 1.5%

 

Boyd Gaming Corp.

     32,113        1,530,185  

Choice Hotels International, Inc.

     6,303        690,305  

Churchill Downs, Inc.

     4,166        767,169  

Marriott Vacations Worldwide Corp.

     3,530        430,166  

Papa John’s International, Inc.(a)

     3,690        258,337  

Penn Entertainment, Inc.*(a)

     32,192        885,602  

Planet Fitness, Inc., Class A*

     6,658        383,900  

Red Rock Resorts, Inc., Class A

     12,747        436,712  

Scientific Games Corp., Class A*

     12,530        537,286  

SeaWorld Entertainment, Inc.*

     9,720        442,357  

Six Flags Entertainment Corp.*(a)

     7,833        138,644  

Texas Roadhouse, Inc.

     10,237        893,281  

Travel & Leisure Co.

     17,034        581,200  

Wendy’s Co.

     37,167        694,651  

Wingstop, Inc.

     2,491        312,421  

Wyndham Hotels & Resorts, Inc.

     12,225        750,004  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     9,732,220  
Household Durables – 2.6%

 

Installed Building Products, Inc.

     4,757        385,269  

KB Home

     46,743        1,211,579  

Leggett & Platt, Inc.

     36,556        1,214,390  

LGI Homes, Inc.*(a)

     12,119      986,123  

MDC Holdings, Inc.

     42,340        1,160,963  

Meritage Homes Corp.*

     22,344        1,570,113  

Mohawk Industries, Inc.*

     25,179        2,296,073  

Newell Brands, Inc.

     152,488        2,118,058  

Skyline Champion Corp.*

     7,750        409,743  

Sonos, Inc.*(a)

     21,796        302,964  

Taylor Morrison Home Corp.*

     57,563        1,342,369  

Tempur Sealy International, Inc.

     55,541        1,340,760  

Toll Brothers, Inc.

     37,788        1,587,096  

TopBuild Corp.*

     4,845        798,359  
     

 

 

 
Total Household Durables

 

     16,723,859  
Household Products – 0.3%

 

Reynolds Consumer Products, Inc.(a)

     47,280        1,229,753  

Spectrum Brands Holdings, Inc.

     11,499        448,806  

WD-40 Co.

     1,495        262,731  
     

 

 

 
Total Household Products

 

     1,941,290  
Independent Power & Renewable Electricity Producers – 0.1%

 

Clearway Energy, Inc., Class C

     16,158        514,632  

Ormat Technologies, Inc.(a)

     4,806        414,277  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     928,909  
Insurance – 5.5%

 

Alleghany Corp.*

     2,512        2,108,498  

American Equity Investment Life Holding Co.

     28,035        1,045,425  

American Financial Group, Inc.

     25,826        3,174,790  

Assurant, Inc.

     12,942        1,880,084  

Brighthouse Financial, Inc.*

     56,504        2,453,404  

CNA Financial Corp.

     105,146        3,879,887  

Erie Indemnity Co., Class A

     5,705        1,268,279  

First American Financial Corp.

     64,348        2,966,443  

Globe Life, Inc.

     29,933        2,984,320  

Hanover Insurance Group, Inc.

     8,272        1,059,974  

Kemper Corp.

     5,640        232,706  

Kinsale Capital Group, Inc.

     2,004        511,862  

Old Republic International Corp.

     140,048        2,931,205  

Primerica, Inc.

     10,918        1,347,827  

Reinsurance Group of America, Inc.

     6,249        786,187  

RLI Corp.

     4,421        452,622  

Selective Insurance Group, Inc.

     18,333        1,492,306  

Unum Group

     146,233        5,673,840  
     

 

 

 
Total Insurance

 

     36,249,659  
Interactive Media & Services – 0.3%

 

Bumble, Inc., Class A*(a)

     21,228        456,190  

Cargurus, Inc.*(a)

     18,801        266,410  

Shutterstock, Inc.

     5,229        262,339  

Vimeo, Inc.*

     14,182        56,728  

Ziff Davis, Inc.*(a)

     15,819        1,083,285  
     

 

 

 
Total Interactive Media & Services

 

     2,124,952  
Internet & Direct Marketing Retail – 0.0%

 

Overstock.com, Inc.*(a)

     5,066        123,357  

 

See Notes to Financial Statements.

 

WisdomTree Trust      55  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Revolve Group, Inc.*(a)

     5,860      $ 127,104  
     

 

 

 
Total Internet & Direct Marketing Retail

 

     250,461  
IT Services – 2.1%

 

Concentrix Corp.

     11,665        1,302,164  

DigitalOcean Holdings, Inc.*

     10,307        372,804  

DXC Technology Co.*

     114,141        2,794,172  

Euronet Worldwide, Inc.*

     7,566        573,200  

ExlService Holdings, Inc.*(a)

     5,565        820,058  

Jack Henry & Associates, Inc.

     8,725        1,590,306  

Maximus, Inc.

     16,470        953,119  

Perficient, Inc.*

     4,195        272,759  

Rackspace Technology, Inc.*(a)

     66,983        273,291  

Switch, Inc., Class A

     13,398        451,379  

TTEC Holdings, Inc.

     11,118        492,638  

Western Union Co.

     191,024        2,578,824  

WEX, Inc.*

     11,844        1,503,477  
     

 

 

 
Total IT Services

 

     13,978,191  
Leisure Products – 1.2%

 

Acushnet Holdings Corp.

     17,090        743,244  

Brunswick Corp.

     27,430        1,795,293  

Mattel, Inc.*

     78,955        1,495,408  

Polaris, Inc.

     23,639        2,261,070  

Topgolf Callaway Brands Corp.*(a)

     47,342        911,807  

YETI Holdings, Inc.*

     10,390        296,323  
     

 

 

 
Total Leisure Products

 

     7,503,145  
Life Sciences Tools & Services – 0.4%

 

Azenta, Inc.

     7,010        300,449  

CryoPort, Inc.*

     3,767        91,764  

Maravai LifeSciences Holdings, Inc., Class A*

     21,785        556,171  

Medpace Holdings, Inc.*

     3,797        596,774  

NeoGenomics, Inc.*

     10,658        91,765  

Sotera Health Co.*

     40,034        273,032  

Syneos Health, Inc.*

     17,646        832,009  
     

 

 

 
Total Life Sciences Tools & Services

 

     2,741,964  
Machinery – 3.6%

 

AGCO Corp.

     23,493        2,259,322  

Allison Transmission Holdings, Inc.

     42,762        1,443,645  

Altra Industrial Motion Corp.

     16,188        544,241  

Chart Industries, Inc.*(a)

     3,847        709,194  

Crane Holdings Co.

     15,620        1,367,375  

Donaldson Co., Inc.

     21,648        1,060,969  

Esab Corp.

     9,431        314,618  

Evoqua Water Technologies Corp.*

     10,632        351,600  

Flowserve Corp.

     25,598        622,031  

Franklin Electric Co., Inc.

     6,458        527,683  

Helios Technologies, Inc.

     5,188        262,513  

Hillenbrand, Inc.

     24,003        881,390  

ITT, Inc.

     14,205        928,155  

John Bean Technologies Corp.

     3,618        311,148  

Lincoln Electric Holdings, Inc.

     10,577        1,329,740  

Middleby Corp.*

     9,705        1,243,890  

Mueller Industries, Inc.

     27,422        1,629,964  

Oshkosh Corp.

     14,496      1,018,924  

RBC Bearings, Inc.*

     2,583        536,773  

Snap-on, Inc.

     15,631        3,147,302  

Timken Co.

     21,820        1,288,253  

Toro Co.

     16,379        1,416,456  

Watts Water Technologies, Inc., Class A

     3,785        475,888  
     

 

 

 
Total Machinery

 

     23,671,074  
Marine – 0.3%

 

Kirby Corp.*

     5,378        326,821  

Matson, Inc.

     28,729        1,767,408  
     

 

 

 
Total Marine

 

     2,094,229  
Media – 1.6%

 

Cable One, Inc.

     767        654,289  

DISH Network Corp., Class A*

     208,368        2,881,729  

New York Times Co., Class A

     18,848        541,880  

Nexstar Media Group, Inc., Class A

     25,016        4,173,920  

TEGNA, Inc.

     121,347        2,509,456  
     

 

 

 
Total Media

 

     10,761,274  
Metals & Mining – 3.1%

 

Alcoa Corp.

     77,800        2,618,748  

Cleveland-Cliffs, Inc.*(a)

     368,736        4,966,874  

Commercial Metals Co.

     56,351        1,999,333  

Hecla Mining Co.

     65,717        258,925  

MP Materials Corp.*

     15,955        435,571  

Reliance Steel & Aluminum Co.

     29,533        5,150,851  

Royal Gold, Inc.

     11,340        1,063,919  

United States Steel Corp.

     197,884        3,585,658  
     

 

 

 
Total Metals & Mining

 

     20,079,879  
Multi-Utilities – 0.6%

 

Black Hills Corp.

     15,403        1,043,245  

NiSource, Inc.

     85,862        2,162,864  

NorthWestern Corp.

     14,120        695,834  
     

 

 

 
Total Multi-Utilities

 

     3,901,943  
Multiline Retail – 1.4%

 

Dillard’s, Inc., Class A

     9,978        2,721,599  

Kohl’s Corp.

     90,592        2,278,389  

Macy’s, Inc.

     175,002        2,742,281  

Nordstrom, Inc.(a)

     17,983        300,856  

Ollie’s Bargain Outlet Holdings, Inc.*

     15,082        778,231  
     

 

 

 
Total Multiline Retail

 

     8,821,356  
Oil, Gas & Consumable Fuels – 6.2%

 

Antero Midstream Corp.

     142,816        1,311,051  

Antero Resources Corp.*

     69,565        2,123,819  

APA Corp.

     151,767        5,188,914  

California Resources Corp.

     33,313        1,280,219  

Callon Petroleum Co.*(a)

     26,617        931,861  

Chesapeake Energy Corp.(a)

     52,779        4,972,310  

Civitas Resources, Inc.

     14,531        833,934  

Denbury, Inc.*

     6,349        547,665  

DTE Midstream LLC*

     27,025        1,402,327  

EQT Corp.

     33,541        1,366,796  

 

See Notes to Financial Statements.

 

56   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Equitrans Midstream Corp.

     131,287      $ 982,027  

HF Sinclair Corp.

     18,153        977,358  

Magnolia Oil & Gas Corp., Class A

     65,877        1,305,023  

Matador Resources Co.

     41,134        2,012,275  

Murphy Oil Corp.

     19,152        673,576  

Ovintiv, Inc.

     141,994        6,531,724  

PDC Energy, Inc.

     51,950        3,002,190  

Range Resources Corp.

     59,562        1,504,536  

SM Energy Co.

     13,412        504,425  

Southwestern Energy Co.*

     525,507        3,216,103  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     40,668,133  
Paper & Forest Products – 0.5%

 

Louisiana-Pacific Corp.

     59,380        3,039,662  
Personal Products – 0.1%

 

Beauty Health Co.*(a)

     13,782        162,490  

BellRing Brands, Inc.*

     8,283        170,712  

Coty, Inc., Class A*

     69,906        441,806  
     

 

 

 
Total Personal Products

 

     775,008  
Pharmaceuticals – 0.7%

 

Organon & Co.

     186,817        4,371,518  
Professional Services – 2.0%

 

ASGN, Inc.*

     9,777        883,548  

Booz Allen Hamilton Holding Corp.

     27,557        2,544,889  

CACI International, Inc., Class A*

     7,096        1,852,482  

Exponent, Inc.

     4,374        383,469  

FTI Consulting, Inc.*

     7,385        1,223,768  

Insperity, Inc.

     5,791        591,203  

KBR, Inc.(a)

     28,860        1,247,329  

Korn Ferry

     11,917        559,503  

ManpowerGroup, Inc.

     15,361        993,703  

Science Applications International Corp.

     20,424        1,806,094  

TriNet Group, Inc.*

     14,095        1,003,846  

Upwork, Inc.*

     10,786        146,905  
     

 

 

 
Total Professional Services

 

     13,236,739  
Real Estate Management & Development – 0.3%

 

eXp World Holdings, Inc.(a)

     13,104        146,896  

Kennedy-Wilson Holdings, Inc.

     80,038        1,237,387  

Newmark Group, Inc., Class A

     79,497        640,746  
     

 

 

 
Total Real Estate Management & Development

 

     2,025,029  
Road & Rail – 1.1%

 

Knight-Swift Transportation Holdings, Inc.

     46,589        2,279,600  

Landstar System, Inc.

     8,262        1,192,785  

Ryder System, Inc.

     18,870        1,424,496  

Saia, Inc.*

     2,808        533,520  

Werner Enterprises, Inc.

     19,749        742,562  

XPO Logistics, Inc.*

     22,059        982,067  
     

 

 

 
Total Road & Rail

 

     7,155,030  
Semiconductors & Semiconductor Equipment – 1.9%

 

Allegro MicroSystems, Inc.*

     19,236        420,307  

Amkor Technology, Inc.

     103,265        1,760,668  

Cirrus Logic, Inc.*

     16,232        1,116,762  

Diodes, Inc.*

     8,330      540,700  

First Solar, Inc.*

     19,322        2,555,721  

FormFactor, Inc.*

     13,965        349,823  

Lattice Semiconductor Corp.*

     11,562        568,966  

MACOM Technology Solutions Holdings, Inc.*

     9,657        500,136  

MaxLinear, Inc.*

     12,366        403,379  

MKS Instruments, Inc.

     16,180        1,337,115  

Onto Innovation, Inc.*

     8,213        526,043  

Power Integrations, Inc.

     9,082        584,154  

Semtech Corp.*

     7,526        221,340  

Silicon Laboratories, Inc.*

     3,391        418,585  

SiTime Corp.*

     1,702        133,998  

Synaptics, Inc.*

     5,493        543,862  

Universal Display Corp.

     5,623        530,530  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     12,512,089  
Software – 3.3%

 

ACI Worldwide, Inc.*

     14,039        293,415  

Alarm.com Holdings, Inc.*

     6,417        416,207  

Altair Engineering, Inc., Class A*

     4,820        213,140  

Alteryx, Inc., Class A*

     5,443        303,937  

Black Knight, Inc.*

     20,757        1,343,601  

Blackbaud, Inc.*

     9,264        408,172  

Blackline, Inc.*

     4,954        296,745  

Box, Inc., Class A*

     24,083        587,384  

Citrix Systems, Inc.

     34,449        3,582,696  

Digital Turbine, Inc.*

     11,377        163,943  

Dolby Laboratories, Inc., Class A

     15,289        996,078  

DoubleVerify Holdings, Inc.*

     13,283        363,290  

Dropbox, Inc., Class A*

     97,667        2,023,660  

Duck Creek Technologies, Inc.*

     10,815        128,158  

Envestnet, Inc.*

     8,563        380,197  

Everbridge, Inc.*

     3,217        99,341  

Fair Isaac Corp.*

     4,084        1,682,649  

Five9, Inc.*

     6,174        462,927  

Guidewire Software, Inc.*

     6,799        418,682  

Jamf Holding Corp.*(a)

     11,132        246,685  

LiveRamp Holdings, Inc.*

     6,447        117,078  

Manhattan Associates, Inc.*

     5,533        736,055  

Marathon Digital Holdings, Inc.*(a)

     10,621        113,751  

MicroStrategy, Inc., Class A*(a)

     835        177,237  

Momentive Global, Inc.*

     13,458        78,191  

nCino, Inc.*(a)

     9,843        335,745  

NCR Corp.*

     33,532        637,443  

PagerDuty, Inc.*

     8,292        191,296  

Pegasystems, Inc.

     6,721        216,013  

Q2 Holdings, Inc.*

     4,808        154,818  

Qualtrics International, Inc., Class A*

     11,491        116,978  

Qualys, Inc.*

     4,709        656,387  

Rapid7, Inc.*

     4,829        207,164  

Riot Blockchain, Inc.*(a)

     11,052        77,475  

Smartsheet, Inc., Class A*

     10,602        364,285  

Sprout Social, Inc., Class A*

     4,483        272,028  

SPS Commerce, Inc.*

     3,235        401,884  

 

See Notes to Financial Statements.

 

WisdomTree Trust      57  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Tenable Holdings, Inc.*

     9,517      $ 331,192  

Teradata Corp.*

     26,243        815,108  

Varonis Systems, Inc.*

     10,331        273,978  

Verint Systems, Inc.*(a)

     15,894        533,720  

Workiva, Inc.*

     3,813        296,651  
     

 

 

 
Total Software

 

     21,515,384  
Specialty Retail – 4.9%

 

Academy Sports & Outdoors, Inc.

     57,228        2,413,877  

American Eagle Outfitters, Inc.

     68,024        661,873  

Asbury Automotive Group, Inc.*(a)

     11,215        1,694,586  

AutoNation, Inc.*

     39,049        3,977,922  

Boot Barn Holdings, Inc.*

     4,887        285,694  

Dick’s Sporting Goods, Inc.

     51,090        5,346,058  

Five Below, Inc.*

     5,588        769,300  

Foot Locker, Inc.

     73,542        2,289,362  

Gap, Inc.

     186,298        1,529,507  

Group 1 Automotive, Inc.

     10,984        1,569,284  

Leslie’s, Inc.*(a)

     33,234        488,872  

Lithia Motors, Inc.

     13,333        2,860,595  

Murphy USA, Inc.

     7,660        2,105,811  

National Vision Holdings, Inc.*(a)

     15,395        502,647  

Penske Automotive Group, Inc.

     43,200        4,252,176  

Petco Health & Wellness Co., Inc.*

     45,200        504,432  

Urban Outfitters, Inc.*

     38,399        754,540  
     

 

 

 
Total Specialty Retail

 

     32,006,536  
Technology Hardware, Storage & Peripherals – 0.2%

 

Pure Storage, Inc., Class A*

     24,383        667,363  

Xerox Holdings Corp.

     70,641        923,984  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     1,591,347  
Textiles, Apparel & Luxury Goods – 2.1%

 

Carter’s, Inc.(a)

     13,842        907,066  

Columbia Sportswear Co.

     12,387        833,645  

Crocs, Inc.*

     12,181        836,348  

Deckers Outdoor Corp.*

     4,636        1,449,260  

Hanesbrands, Inc.(a)

     147,671        1,027,790  

Kontoor Brands, Inc.

     20,791        698,786  

PVH Corp.

     16,158        723,878  

Ralph Lauren Corp.

     17,369        1,475,149  

Skechers U.S.A., Inc., Class A*

     66,314        2,103,480  

Steven Madden Ltd.

     14,048        374,660  

Tapestry, Inc.

     88,383        2,512,729  

Under Armour, Inc., Class A*

     66,045        439,199  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     13,381,990  
Thrifts & Mortgage Finance – 1.3%

 

Axos Financial, Inc.*

     12,442        425,890  

MGIC Investment Corp.

     165,353        2,119,826  

New York Community Bancorp, Inc.(a)

     180,378        1,538,624  

PennyMac Financial Services, Inc.

     40,369        1,731,830  

Radian Group, Inc.

     95,708        1,846,207  

TFS Financial Corp.

     22,496        292,448  

Walker & Dunlop, Inc.

     5,886        492,835  
     

 

 

 
Total Thrifts & Mortgage Finance

 

     8,447,660  
Trading Companies & Distributors – 1.5%

 

Air Lease Corp.

     35,740      1,108,297  

Applied Industrial Technologies, Inc.

     8,584        882,264  

Beacon Roofing Supply, Inc.*(a)

     25,513        1,396,071  

GATX Corp.

     5,661        482,034  

Herc Holdings, Inc.

     4,796        498,209  

MSC Industrial Direct Co., Inc., Class A

     13,637        992,910  

SiteOne Landscape Supply, Inc.*

     4,518        470,505  

Univar Solutions, Inc.*

     49,253        1,120,013  

Watsco, Inc.(a)

     4,742        1,220,875  

WESCO International, Inc.*

     13,441        1,604,587  
     

 

 

 
Total Trading Companies & Distributors

 

     9,775,765  
Water Utilities – 0.1%

 

American States Water Co.

     4,279        333,548  

California Water Service Group

     7,504        395,386  
     

 

 

 
Total Water Utilities

 

     728,934  

TOTAL COMMON STOCKS

(Cost: $727,711,519)

 

 

     657,073,937  
EXCHANGE-TRADED FUND – 0.1%

 

  
United States – 0.1%

 

WisdomTree U.S. MidCap Dividend Fund(a)(b)
(Cost: $902,871)
     23,308        878,012  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.9%

 

United States – 1.9%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

 

  
(Cost: $12,664,723)      12,664,723        12,664,723  

TOTAL INVESTMENTS IN SECURITIES – 102.4%

(Cost: $741,279,113)

 

 

     670,616,672  

Other Assets less Liabilities – (2.4)%

 

     (15,874,797
     

 

 

 
NET ASSETS – 100.0%

 

   $ 654,741,875  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $34,197,023 and the total market value of the collateral held by the Fund was $35,115,951. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $22,451,228.

 

(b) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(c)

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

See Notes to Financial Statements.

 

58   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2022

 

INVESTMENT IN AFFILIATES               

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate   Value at
3/31/2022
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
   

Change in
Unrealized
Appreciation/

Depreciation

    Value at
9/30/2022
    Dividend
Income
 

WisdomTree U.S. MidCap Dividend Fund

  $ 2,294,204     $ 1,826,010     $ 2,810,859     $ (245,867   $ (185,476   $ 878,012     $ 37,991  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

           

Common Stocks

   $ 657,073,937      $      $      $ 657,073,937  

Exchange-Traded Fund

     878,012                      878,012  

Investment of Cash Collateral for Securities Loaned

            12,664,723               12,664,723  

Total Investments in Securities

   $ 657,951,949      $ 12,664,723      $      $ 670,616,672  

 

See Notes to Financial Statements.

 

WisdomTree Trust      59  


Schedule of Investments (unaudited)

WisdomTree U.S. Multifactor Fund (USMF)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

United States – 99.8%

 

Aerospace & Defense – 1.6%

 

General Dynamics Corp.

     4,061      $ 861,622  

Huntington Ingalls Industries, Inc.

     3,742        828,853  

Lockheed Martin Corp.

     2,073        800,779  

Northrop Grumman Corp.

     1,636        769,444  
     

 

 

 
Total Aerospace & Defense

 

     3,260,698  
Air Freight & Logistics – 0.6%

 

C.H. Robinson Worldwide, Inc.

     6,265        603,382  

Expeditors International of Washington, Inc.

     7,351        649,167  
     

 

 

 
Total Air Freight & Logistics

 

     1,252,549  
Banks – 2.1%

 

First Horizon Corp.

     33,820        774,478  

JPMorgan Chase & Co.

     9,357        977,806  

KeyCorp

     51,187        820,016  

Regions Financial Corp.

     37,597        754,572  

U.S. Bancorp

     24,785        999,331  
     

 

 

 
Total Banks

 

     4,326,203  
Beverages – 0.7%

 

Constellation Brands, Inc., Class A

     3,236        743,244  

Molson Coors Beverage Co., Class B

     12,808        614,656  
     

 

 

 
Total Beverages

 

     1,357,900  
Biotechnology – 4.0%

 

AbbVie, Inc.

     7,187        964,567  

Amgen, Inc.

     4,029        908,137  

Biogen, Inc.*

     3,192        852,264  

Exelixis, Inc.*

     29,865        468,283  

Gilead Sciences, Inc.

     16,161        996,972  

Halozyme Therapeutics, Inc.*

     13,470        532,604  

Incyte Corp.*

     10,513        700,586  

Moderna, Inc.*

     2,793        330,272  

Regeneron Pharmaceuticals, Inc.*

     1,431        985,773  

United Therapeutics Corp.*

     3,113        651,800  

Vertex Pharmaceuticals, Inc.*

     2,820        816,503  
     

 

 

 
Total Biotechnology

 

     8,207,761  
Building Products – 0.8%

 

Builders FirstSource, Inc.*

     7,548        444,728  

Carlisle Cos., Inc.

     2,519        706,353  

Owens Corning

     6,740        529,831  
     

 

 

 
Total Building Products

 

     1,680,912  
Capital Markets – 1.5%

 

Cboe Global Markets, Inc.

     10,173        1,194,005  

Houlihan Lokey, Inc.

     11,574        872,448  

SEI Investments Co.

     21,312        1,045,354  
     

 

 

 
Total Capital Markets

 

     3,111,807  
Chemicals – 1.7%

 

CF Industries Holdings, Inc.

     6,991        672,884  

Dow, Inc.

     22,168        973,840  

Mosaic Co.

     12,126        586,049  

Olin Corp.

     12,944      555,039  

Westlake Corp.

     9,165        796,255  
     

 

 

 
Total Chemicals

 

     3,584,067  
Commercial Services & Supplies – 0.7%

 

Clean Harbors, Inc.*

     5,601        615,998  

Waste Management, Inc.

     5,527        885,481  
     

 

 

 
Total Commercial Services & Supplies

 

     1,501,479  
Construction & Engineering – 0.8%

 

EMCOR Group, Inc.

     6,816        787,112  

MDU Resources Group, Inc.

     27,978        765,198  
     

 

 

 
Total Construction & Engineering

 

     1,552,310  
Consumer Finance – 0.2%

 

Credit Acceptance Corp.*

     1,134        496,692  
Distributors – 1.5%

 

Genuine Parts Co.

     12,495        1,865,753  

LKQ Corp.

     26,466        1,247,872  
     

 

 

 
Total Distributors

 

     3,113,625  
Diversified Consumer Services – 1.6%

 

H&R Block, Inc.

     35,257        1,499,833  

Service Corp. International

     29,900        1,726,426  
     

 

 

 
Total Diversified Consumer Services

 

     3,226,259  
Diversified Telecommunication Services – 1.8%

 

AT&T, Inc.

     84,313        1,293,362  

Lumen Technologies, Inc.

     114,436        833,094  

Verizon Communications, Inc.

     44,130        1,675,616  
     

 

 

 
Total Diversified Telecommunication Services

 

     3,802,072  
Electric Utilities – 1.6%

 

American Electric Power Co., Inc.

     8,133        703,098  

Edison International

     11,655        659,440  

Exelon Corp.

     14,005        524,627  

FirstEnergy Corp.

     20,335        752,395  

OGE Energy Corp.

     20,486        746,920  
     

 

 

 
Total Electric Utilities

 

     3,386,480  
Electrical Equipment – 0.3%

 

Acuity Brands, Inc.

     3,992        628,620  
Electronic Equipment, Instruments & Components – 1.1%

 

Arrow Electronics, Inc.*

     23,872        2,200,760  
Entertainment – 1.1%

 

Electronic Arts, Inc.

     12,400        1,434,804  

Endeavor Group Holdings, Inc., Class A*

     39,341        797,049  
     

 

 

 
Total Entertainment

 

     2,231,853  
Equity Real Estate Investment Trusts (REITs) – 2.9%

 

Apartment Income REIT Corp.

     21,811        842,341  

Camden Property Trust

     6,916        826,116  

First Industrial Realty Trust, Inc.

     18,137        812,719  

Host Hotels & Resorts, Inc.

     33,916        538,586  

Mid-America Apartment Communities, Inc.

     5,582        865,601  

Omega Healthcare Investors, Inc.

     23,120        681,809  

 

See Notes to Financial Statements.

 

60   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Multifactor Fund (USMF)

September 30, 2022

 

 

 

Investments    Shares      Value  

Public Storage

     2,530      $ 740,809  

Weyerhaeuser Co.

     24,099        688,267  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     5,996,248  
Food & Staples Retailing – 0.5%

 

Albertsons Cos., Inc., Class A

     17,561        436,566  

Kroger Co.

     11,956        523,075  
     

 

 

 
Total Food & Staples Retailing

 

     959,641  
Food Products – 3.6%

 

Archer-Daniels-Midland Co.

     7,956        640,060  

Campbell Soup Co.

     17,230        811,878  

Conagra Brands, Inc.

     22,986        750,033  

Flowers Foods, Inc.

     30,447        751,737  

General Mills, Inc.

     10,918        836,428  

J.M. Smucker Co.

     5,393        741,052  

Kellogg Co.

     11,809        822,615  

Kraft Heinz Co.

     20,844        695,147  

Pilgrim’s Pride Corp.*

     24,550        565,141  

Tyson Foods, Inc., Class A

     10,883        717,516  
     

 

 

 
Total Food Products

 

     7,331,607  
Gas Utilities – 0.6%

 

National Fuel Gas Co.

     11,056        680,497  

UGI Corp.

     19,459        629,109  
     

 

 

 
Total Gas Utilities

 

     1,309,606  
Health Care Equipment & Supplies – 1.5%

 

Abbott Laboratories

     7,985        772,629  

Becton Dickinson and Co.

     3,495        778,791  

Hologic, Inc.*

     12,970        836,824  

Lantheus Holdings, Inc.*

     4,852        341,241  

QuidelOrtho Corp.*

     5,592        399,716  
     

 

 

 
Total Health Care Equipment & Supplies

 

     3,129,201  
Health Care Providers & Services – 6.5%

 

Acadia Healthcare Co., Inc.*

     6,975        545,305  

AmerisourceBergen Corp.

     6,311        854,068  

Cardinal Health, Inc.

     11,611        774,221  

Centene Corp.*

     8,339        648,858  

Chemed Corp.

     1,869        815,931  

Cigna Corp.

     2,865        794,952  

CVS Health Corp.

     9,565        912,214  

DaVita, Inc.*

     7,064        584,687  

Elevance Health, Inc.

     1,703        773,571  

HCA Healthcare, Inc.

     2,618        481,162  

Henry Schein, Inc.*

     12,820        843,171  

Humana, Inc.

     1,436        696,733  

Laboratory Corp. of America Holdings

     3,727        763,327  

McKesson Corp.

     2,608        886,381  

Molina Healthcare, Inc.*

     2,214        730,266  

Option Care Health, Inc.*

     15,981        502,922  

Quest Diagnostics, Inc.

     7,387        906,311  

UnitedHealth Group, Inc.

     1,673        844,932  
     

 

 

 
Total Health Care Providers & Services

 

     13,359,012  
Hotels, Restaurants & Leisure – 2.6%

 

Boyd Gaming Corp.

     22,695      1,081,417  

Choice Hotels International, Inc.

     13,536        1,482,463  

Expedia Group, Inc.*

     9,244        866,070  

McDonald’s Corp.

     8,366        1,930,371  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     5,360,321  
Household Products – 1.1%

 

Colgate-Palmolive Co.

     10,526        739,451  

Kimberly-Clark Corp.

     6,525        734,324  

Reynolds Consumer Products, Inc.

     29,119        757,385  
     

 

 

 
Total Household Products

 

     2,231,160  
Independent Power & Renewable Electricity Producers – 0.2%

 

Vistra Corp.

     22,495        472,395  
Insurance – 7.1%

 

Alleghany Corp.*

     1,200        1,007,244  

American International Group, Inc.

     17,234        818,270  

CNA Financial Corp.

     32,883        1,213,383  

Fidelity National Financial, Inc.

     27,665        1,001,473  

Globe Life, Inc.

     11,768        1,173,270  

Hartford Financial Services Group, Inc.

     18,096        1,120,866  

Kinsale Capital Group, Inc.

     3,040        776,477  

Loews Corp.

     22,401        1,116,466  

Old Republic International Corp.

     52,612        1,101,169  

Principal Financial Group, Inc.

     12,934        933,188  

Reinsurance Group of America, Inc.

     7,272        914,890  

Travelers Cos., Inc.

     8,402        1,287,187  

Unum Group

     23,764        922,043  

W.R. Berkley Corp.

     19,947        1,288,177  
     

 

 

 
Total Insurance

 

     14,674,103  
IT Services – 17.6%

 

Akamai Technologies, Inc.*

     34,085        2,737,707  

Cognizant Technology Solutions Corp., Class A

     42,477        2,439,879  

Concentrix Corp.

     16,069        1,793,782  

DXC Technology Co.*

     58,328        1,427,869  

ExlService Holdings, Inc.*

     15,361        2,263,597  

Fidelity National Information Services, Inc.

     22,967        1,735,616  

Fiserv, Inc.*

     24,209        2,265,236  

FleetCor Technologies, Inc.*

     10,569        1,861,941  

Gartner, Inc.*

     6,700        1,853,823  

Global Payments, Inc.

     14,291        1,544,143  

GoDaddy, Inc., Class A*

     24,169        1,713,099  

International Business Machines Corp.

     26,310        3,125,891  

Jack Henry & Associates, Inc.

     17,186        3,132,492  

Switch, Inc., Class A

     79,975        2,694,358  

Visa, Inc., Class A

     11,290        2,005,669  

Western Union Co.

     157,780        2,130,030  

WEX, Inc.*

     11,495        1,459,175  
     

 

 

 
Total IT Services

 

     36,184,307  
Machinery – 0.4%

 

Snap-on, Inc.

     3,857        776,607  

 

See Notes to Financial Statements.

 

WisdomTree Trust      61  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Multifactor Fund (USMF)

September 30, 2022

 

 

 

Investments    Shares      Value  
Media – 5.0%

 

Charter Communications, Inc., Class A*

     3,235      $ 981,337  

Comcast Corp., Class A

     44,446        1,303,601  

Fox Corp., Class A

     45,129        1,384,558  

Liberty Media Corp. – Liberty SiriusXM, Series C*

     40,653        1,533,025  

News Corp., Class A

     73,212        1,106,233  

Nexstar Media Group, Inc., Class A

     7,610        1,269,729  

Omnicom Group, Inc.

     19,247        1,214,293  

Sirius XM Holdings, Inc.(a)

     279,052        1,593,387  
     

 

 

 
Total Media

 

     10,386,163  
Metals & Mining – 0.8%

 

Reliance Steel & Aluminum Co.

     5,197        906,409  

Steel Dynamics, Inc.

     9,284        658,700  
     

 

 

 
Total Metals & Mining

 

     1,565,109  
Multi-Utilities – 0.3%

 

Consolidated Edison, Inc.

     8,275        709,664  
Oil, Gas & Consumable Fuels – 4.6%

 

Antero Resources Corp.*

     18,330        559,615  

Chesapeake Energy Corp.(a)

     7,831        737,759  

Chord Energy Corp.

     5,859        801,335  

Civitas Resources, Inc.

     10,929        627,215  

Diamondback Energy, Inc.

     5,550        668,553  

EQT Corp.

     15,962        650,452  

Exxon Mobil Corp.

     10,628        927,931  

HF Sinclair Corp.

     14,492        780,249  

Marathon Oil Corp.

     28,028        632,872  

Marathon Petroleum Corp.

     10,127        1,005,915  

Ovintiv, Inc.

     12,898        593,308  

SM Energy Co.

     14,971        563,059  

Valero Energy Corp.

     7,645        816,868  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     9,365,131  
Pharmaceuticals – 2.5%

 

Bristol-Myers Squibb Co.

     15,327        1,089,597  

Eli Lilly & Co.

     2,509        811,285  

Johnson & Johnson

     5,966        974,606  

Merck & Co., Inc.

     11,131        958,602  

Organon & Co.

     25,738        602,269  

Pfizer, Inc.

     17,828        780,153  
     

 

 

 
Total Pharmaceuticals

 

     5,216,512  
Professional Services – 2.0%

 

Booz Allen Hamilton Holding Corp.

     8,399        775,648  

CACI International, Inc., Class A*

     3,297        860,715  

FTI Consulting, Inc.*

     5,665        938,747  

KBR, Inc.

     14,543        628,548  

Leidos Holdings, Inc.

     9,523        832,977  
     

 

 

 
Total Professional Services

 

     4,036,635  
Road & Rail – 0.7%

 

Knight-Swift Transportation Holdings, Inc.

     13,663        668,531  

Landstar System, Inc.

     5,212        752,456  
     

 

 

 
Total Road & Rail

 

     1,420,987  
Software – 7.1%

 

Black Knight, Inc.*

     35,846      2,320,312  

Dolby Laboratories, Inc., Class A

     37,959        2,473,029  

Dropbox, Inc., Class A*

     86,631        1,794,994  

Fair Isaac Corp.*

     4,278        1,762,579  

NortonLifeLock, Inc.

     107,011        2,155,201  

PTC, Inc.*

     14,688        1,536,365  

Qualys, Inc.*

     10,936        1,524,369  

Zoom Video Communications, Inc., Class A*

     14,793        1,088,617  
     

 

 

 
Total Software

 

     14,655,466  
Specialty Retail – 5.8%

 

AutoNation, Inc.*

     10,623        1,082,165  

AutoZone, Inc.*

     846        1,812,073  

Best Buy Co., Inc.

     16,322        1,033,835  

Lithia Motors, Inc.

     4,405        945,093  

Lowe’s Cos., Inc.

     8,922        1,675,641  

Murphy USA, Inc.

     6,021        1,655,233  

O’Reilly Automotive, Inc.*

     2,583        1,816,753  

Penske Automotive Group, Inc.

     11,339        1,116,098  

Williams-Sonoma, Inc.

     6,930        816,700  
     

 

 

 
Total Specialty Retail

 

     11,953,591  
Technology Hardware, Storage & Peripherals – 1.6%

 

Hewlett Packard Enterprise Co.

     152,579        1,827,896  

HP, Inc.

     59,837        1,491,138  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     3,319,034  
Tobacco – 0.7%

 

Altria Group, Inc.

     17,324        699,543  

Philip Morris International, Inc.

     8,476        703,593  
     

 

 

 
Total Tobacco

 

     1,403,136  
Trading Companies & Distributors – 0.4%

 

W.W. Grainger, Inc.

     1,474        721,066  
TOTAL COMMON STOCKS

 

(Cost: $223,937,467)               205,458,749  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.2%

 

United States – 1.2%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(b)

     
(Cost: $2,409,594)      2,409,594        2,409,594  

TOTAL INVESTMENTS IN SECURITIES – 101.0%

(Cost: $226,347,061)

 

 

     207,868,343  

Other Assets less Liabilities – (1.0)%

 

     (2,090,291
     

 

 

 
NET ASSETS – 100.0%

 

   $ 205,778,052  
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $2,313,382 and the total market value of the collateral held by the Fund was $2,409,594.

 

(b)

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

See Notes to Financial Statements.

 

62   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Multifactor Fund (USMF)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other

Significant

Observable

Inputs

(Level 2)

    

Significant

Unobs

ervable
Inputs

(Level 3)

     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 205,458,749      $      $      $ 205,458,749  

Investment of Cash Collateral for Securities Loaned

            2,409,594               2,409,594  

Total Investments in Securities

   $ 205,458,749      $ 2,409,594      $      $ 207,868,343  

 

See Notes to Financial Statements.

 

WisdomTree Trust      63  


Schedule of Investments (unaudited)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%      
United States – 99.8%      
Aerospace & Defense – 5.0%

 

BWX Technologies, Inc.

     49,909      $ 2,513,916  

Curtiss-Wright Corp.

     8,001        1,113,419  

General Dynamics Corp.

     203,150        43,102,336  

HEICO Corp.

     6,118        880,870  

Huntington Ingalls Industries, Inc.

     29,304        6,490,836  

L3Harris Technologies, Inc.

     112,474        23,375,471  

Lockheed Martin Corp.

     277,555        107,216,721  

Northrop Grumman Corp.

     83,613        39,324,866  

Raytheon Technologies Corp.

     1,112,038        91,031,431  

Textron, Inc.

     4,224        246,090  

Woodward, Inc.

     9,350        750,431  
     

 

 

 
Total Aerospace & Defense

 

     316,046,387  
Air Freight & Logistics – 1.4%

 

FedEx Corp.

     98,878        14,680,417  

United Parcel Service, Inc., Class B

     448,684        72,480,413  
     

 

 

 
Total Air Freight & Logistics

 

     87,160,830  
Auto Components – 0.2%

 

BorgWarner, Inc.

     114,601        3,598,471  

Gentex Corp.

     104,630        2,494,379  

Lear Corp.

     29,749        3,560,658  
     

 

 

 
Total Auto Components

 

     9,653,508  
Banks – 0.1%

 

Cadence Bank

     162,990        4,141,576  

First Citizens BancShares, Inc., Class A

     287        228,862  

Signature Bank

     11,944        1,803,544  

Western Alliance Bancorp

     42,542        2,796,711  
     

 

 

 
Total Banks

 

     8,970,693  
Beverages – 6.8%

 

Brown-Forman Corp., Class B

     148,387        9,878,122  

Coca-Cola Co.

     4,038,331        226,227,303  

Coca-Cola Consolidated, Inc.

     200        82,346  

Constellation Brands, Inc., Class A

     66,037        15,167,378  

PepsiCo, Inc.

     1,090,876        178,096,416  
     

 

 

 
Total Beverages

 

     429,451,565  
Biotechnology – 2.1%

 

Amgen, Inc.

     579,824        130,692,330  
Building Products – 0.3%

 

A.O. Smith Corp.

     57,398        2,788,395  

AAON, Inc.

     4,759        256,415  

Armstrong World Industries, Inc.

     13,445        1,065,247  

Carlisle Cos., Inc.

     15,014        4,210,076  

Fortune Brands Home & Security, Inc.

     42,887        2,302,603  

Lennox International, Inc.

     12,548        2,794,063  

Masco Corp.

     102,267        4,774,846  

Simpson Manufacturing Co., Inc.

     11,959        937,586  
     

 

 

 
Total Building Products

 

     19,129,231  
Capital Markets – 3.0%

 

Ameriprise Financial, Inc.

     51,073        12,867,842  

Blackstone, Inc.

     678,902      56,824,097  

Charles Schwab Corp.

     492,807        35,418,039  

Cohen & Steers, Inc.

     27,880        1,746,124  

Evercore, Inc., Class A

     25,296        2,080,596  

FactSet Research Systems, Inc.

     8,672        3,469,754  

Hamilton Lane, Inc., Class A

     12,477        743,754  

LPL Financial Holdings, Inc.

     16,370        3,576,518  

MarketAxess Holdings, Inc.

     9,526        2,119,440  

Moody’s Corp.

     35,373        8,599,530  

Morningstar, Inc.

     6,046        1,283,687  

MSCI, Inc.

     16,578        6,992,435  

Raymond James Financial, Inc.

     63,581        6,283,074  

S&P Global, Inc.

     49,415        15,088,870  

SEI Investments Co.

     49,519        2,428,907  

State Street Corp.

     271,766        16,526,091  

T. Rowe Price Group, Inc.

     150,352        15,788,464  
     

 

 

 
Total Capital Markets

 

     191,837,222  
Chemicals – 1.7%

 

Air Products and Chemicals, Inc.

     137,183        31,926,600  

Albemarle Corp.

     23,002        6,082,649  

Ashland, Inc.

     17,521        1,663,969  

Avient Corp.

     48,540        1,470,762  

Balchem Corp.

     3,313        402,795  

Chemours Co.

     153,781        3,790,702  

DuPont de Nemours, Inc.

     250,056        12,602,822  

Ecolab, Inc.

     73,051        10,550,025  

FMC Corp.

     71,353        7,542,012  

PPG Industries, Inc.

     103,881        11,498,588  

Quaker Chemical Corp.

     2,841        410,184  

RPM International, Inc.

     67,819        5,650,001  

Scotts Miracle-Gro Co.

     30,120        1,287,630  

Sensient Technologies Corp.

     23,189        1,607,925  

Sherwin-Williams Co.

     51,604        10,565,919  
     

 

 

 
Total Chemicals

 

     107,052,583  
Commercial Services & Supplies – 1.0%

 

Cintas Corp.

     27,714        10,758,298  

MSA Safety, Inc.

     13,909        1,519,975  

Republic Services, Inc.

     131,536        17,894,157  

Rollins, Inc.

     192,453        6,674,270  

Tetra Tech, Inc.

     8,096        1,040,579  

Waste Management, Inc.

     178,580        28,610,302  
     

 

 

 
Total Commercial Services & Supplies

 

     66,497,581  
Communications Equipment – 2.3%

 

Cisco Systems, Inc.

     3,326,805        133,072,200  

Motorola Solutions, Inc.

     65,874        14,753,800  
     

 

 

 
Total Communications Equipment

 

     147,826,000  
Construction & Engineering – 0.0%

 

Quanta Services, Inc.

     7,142        909,819  

Valmont Industries, Inc.

     6,067        1,629,718  
     

 

 

 
Total Construction & Engineering

 

     2,539,537  
Construction Materials – 0.1%

 

Eagle Materials, Inc.

     6,423        688,417  

 

See Notes to Financial Statements.

 

64   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

September 30, 2022

 

 

 

Investments    Shares      Value  

Martin Marietta Materials, Inc.

     11,554      $ 3,721,428  
     

 

 

 
Total Construction Materials

 

     4,409,845  
Containers & Packaging – 0.3%

 

AptarGroup, Inc.

     24,528        2,330,896  

Avery Dennison Corp.

     33,132        5,390,576  

Ball Corp.

     86,346        4,172,239  

Crown Holdings, Inc.

     30,521        2,473,117  

Graphic Packaging Holding Co.

     142,357        2,810,127  

Sealed Air Corp.

     52,642        2,343,095  

Silgan Holdings, Inc.(a)

     38,381        1,613,537  
     

 

 

 
Total Containers & Packaging

 

     21,133,587  
Distributors – 0.0%

 

Pool Corp.

     7,379        2,348,072  
Diversified Consumer Services – 0.2%

 

H&R Block, Inc.

     242,550        10,318,077  
Diversified Financial Services – 0.2%

 

Apollo Global Management, Inc.

     219,804        10,220,886  
Electric Utilities – 0.2%

 

NRG Energy, Inc.

     257,949        9,871,708  
Electrical Equipment – 0.9%

 

AMETEK, Inc.

     40,984        4,647,996  

Emerson Electric Co.

     411,072        30,098,692  

Hubbell, Inc.

     34,709        7,740,107  

Regal Rexnord Corp.

     15,506        2,176,422  

Rockwell Automation, Inc.

     44,376        9,545,721  

Vertiv Holdings Co.

     6,485        63,034  
     

 

 

 
Total Electrical Equipment

 

     54,271,972  
Electronic Equipment, Instruments & Components – 0.3%

 

Amphenol Corp., Class A

     177,337        11,874,486  

CDW Corp.

     41,074        6,410,830  

Cognex Corp.

     16,560        686,412  

TD SYNNEX Corp.

     19,476        1,581,256  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     20,552,984  
Energy Equipment & Services – 0.3%

 

Baker Hughes Co.

     791,681        16,593,634  

Halliburton Co.

     229,754        5,656,543  
     

 

 

 
Total Energy Equipment & Services

 

     22,250,177  
Entertainment – 0.3%

 

Activision Blizzard, Inc.

     196,327        14,594,949  

Electronic Arts, Inc.

     51,646        5,975,959  
     

 

 

 
Total Entertainment

 

     20,570,908  
Equity Real Estate Investment Trusts (REITs) – 0.8%

 

Kite Realty Group Trust

     240,565        4,142,529  

Public Storage

     125,764        36,824,957  

Safehold, Inc.

     13,792        364,936  

SBA Communications Corp.

     23,012        6,550,366  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     47,882,788  
Food & Staples Retailing – 1.0%

 

Costco Wholesale Corp.

     80,020        37,791,045  

Sysco Corp.

     402,776        28,480,291  
     

 

 

 
Total Food & Staples Retailing

 

     66,271,336  
Food Products – 0.9%

 

Campbell Soup Co.

     316,566      14,916,590  

Hershey Co.

     88,619        19,537,831  

Hormel Foods Corp.

     399,525        18,154,416  

Ingredion, Inc.

     56,145        4,520,795  
     

 

 

 
Total Food Products

 

     57,129,632  
Health Care Equipment & Supplies – 0.7%

 

Baxter International, Inc.

     216,391        11,654,819  

Cooper Cos., Inc.

     700        184,730  

ResMed, Inc.

     29,093        6,351,002  

Stryker Corp.

     113,098        22,906,869  

Teleflex, Inc.

     7,685        1,548,220  
     

 

 

 
Total Health Care Equipment & Supplies

 

     42,645,640  
Health Care Providers & Services – 5.2%

 

Cardinal Health, Inc.

     358,789        23,924,051  

Chemed Corp.

     1,903        830,774  

Cigna Corp.

     196,070        54,403,543  

Elevance Health, Inc.

     82,308        37,387,586  

Encompass Health Corp.

     51,315        2,320,977  

Ensign Group, Inc.

     4,237        336,841  

HCA Healthcare, Inc.

     77,280        14,203,291  

Humana, Inc.

     25,556        12,399,516  

UnitedHealth Group, Inc.

     363,251        183,456,285  
     

 

 

 
Total Health Care Providers & Services

 

     329,262,864  
Hotels, Restaurants & Leisure – 3.3%

 

Churchill Downs, Inc.

     3,964        729,971  

Darden Restaurants, Inc.

     123,597        15,612,773  

Domino’s Pizza, Inc.

     8,512        2,640,422  

Marriott Vacations Worldwide Corp.

     16,149        1,967,917  

McDonald’s Corp.

     492,499        113,639,219  

Starbucks Corp.

     618,790        52,139,246  

Texas Roadhouse, Inc.

     35,629        3,108,987  

Vail Resorts, Inc.

     11,987        2,584,877  

Wendy’s Co.

     155,372        2,903,903  

Wyndham Hotels & Resorts, Inc.

     41,744        2,560,994  

Yum! Brands, Inc.

     137,601        14,632,490  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     212,520,799  
Household Durables – 0.5%

 

D.R. Horton, Inc.

     93,569        6,301,872  

Leggett & Platt, Inc.

     151,918        5,046,716  

Lennar Corp., Class A

     74,473        5,551,962  

PulteGroup, Inc.

     92,605        3,472,687  

Tempur Sealy International, Inc.

     36,918        891,201  

Toll Brothers, Inc.

     35,823        1,504,566  

Whirlpool Corp.

     43,890        5,916,811  
     

 

 

 
Total Household Durables

 

     28,685,815  
Household Products – 4.9%

 

Church & Dwight Co., Inc.

     81,112        5,794,641  

Clorox Co.

     104,215        13,380,164  

Colgate-Palmolive Co.

     589,968        41,445,252  

Kimberly-Clark Corp.

     342,932        38,593,567  

Procter & Gamble Co.

     1,683,003        212,479,129  
     

 

 

 
Total Household Products

 

     311,692,753  

 

See Notes to Financial Statements.

 

WisdomTree Trust      65  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

September 30, 2022

 

 

 

Investments    Shares      Value  
Independent Power & Renewable Electricity Producers – 0.2%

 

AES Corp.

     492,941      $ 11,140,466  

Ormat Technologies, Inc.(a)

     7,374        635,639  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     11,776,105  
Industrial Conglomerates – 2.2%

 

3M Co.

     586,800        64,841,400  

General Electric Co.

     113,867        7,049,506  

Honeywell International, Inc.

     396,903        66,270,894  
     

 

 

 
Total Industrial Conglomerates

 

     138,161,800  
Insurance – 1.1%

 

Assurant, Inc.

     31,529        4,580,218  

Erie Indemnity Co., Class A

     30,956        6,881,828  

Globe Life, Inc.

     23,800        2,372,860  

Hanover Insurance Group, Inc.

     21,469        2,751,038  

Hartford Financial Services Group, Inc.

     236,378        14,641,253  

Kinsale Capital Group, Inc.

     574        146,611  

Marsh & McLennan Cos., Inc.

     192,018        28,666,367  

Primerica, Inc.

     14,021        1,730,893  

Progressive Corp.

     70,406        8,181,881  
     

 

 

 
Total Insurance

 

     69,952,949  
Interactive Media & Services – 0.0%

 

Shutterstock, Inc.

     8,525        427,699  
Internet & Direct Marketing Retail – 0.1%

 

eBay, Inc.

     207,126        7,624,308  
IT Services – 3.5%

 

Automatic Data Processing, Inc.

     230,602        52,159,866  

Broadridge Financial Solutions, Inc.

     51,097        7,374,319  

Cognizant Technology Solutions Corp., Class A

     192,721        11,069,894  

Jack Henry & Associates, Inc.

     24,319        4,432,624  

MasterCard, Inc., Class A

     175,018        49,764,618  

Maximus, Inc.

     29,020        1,679,387  

Paychex, Inc.

     236,689        26,558,873  

Switch, Inc., Class A

     43,397        1,462,045  

TTEC Holdings, Inc.

     12,695        562,516  

Visa, Inc., Class A

     380,506        67,596,891  
     

 

 

 
Total IT Services

 

     222,661,033  
Leisure Products – 0.2%

 

Brunswick Corp.

     29,950        1,960,228  

Hasbro, Inc.

     116,927        7,883,218  

Polaris, Inc.

     42,923        4,105,585  
     

 

 

 
Total Leisure Products

 

     13,949,031  
Life Sciences Tools & Services – 0.1%

 

Agilent Technologies, Inc.

     51,853        6,302,732  

Azenta, Inc.

     10,449        447,844  

Bio-Techne Corp.

     3,812        1,082,608  

Bruker Corp.

     12,039        638,789  

West Pharmaceutical Services, Inc.

     3,068        754,974  
     

 

 

 
Total Life Sciences Tools & Services

 

     9,226,947  
Machinery – 3.8%

 

AGCO Corp.

     17,225        1,656,528  

Caterpillar, Inc.

     365,603      59,988,140  

Crane Holdings Co.

     27,880        2,440,615  

Cummins, Inc.

     114,903        23,383,910  

Deere & Co.

     111,349        37,178,318  

Donaldson Co., Inc.

     59,168        2,899,824  

Dover Corp.

     52,271        6,093,753  

Fortive Corp.

     50,206        2,927,010  

Franklin Electric Co., Inc.

     8,619        704,259  

Graco, Inc.

     51,851        3,108,467  

IDEX Corp.

     21,910        4,378,714  

Illinois Tool Works, Inc.

     195,620        35,338,753  

Ingersoll Rand, Inc.

     20,849        901,928  

ITT, Inc.

     20,546        1,342,476  

John Bean Technologies Corp.

     3,200        275,200  

Lincoln Electric Holdings, Inc.

     30,843        3,877,582  

Nordson Corp.

     14,301        3,035,673  

Oshkosh Corp.

     28,780        2,022,946  

PACCAR, Inc.

     169,118        14,153,485  

Parker-Hannifin Corp.

     51,836        12,560,381  

Snap-on, Inc.

     44,547        8,969,538  

Stanley Black & Decker, Inc.

     79,894        6,008,828  

Timken Co.

     36,334        2,145,159  

Toro Co.

     34,981        3,025,157  

Watts Water Technologies, Inc., Class A

     2,751        345,883  

Xylem, Inc.

     52,105        4,551,893  
     

 

 

 
Total Machinery

 

     243,314,420  
Media – 1.6%

 

Cable One, Inc.(a)

     891        760,068  

Comcast Corp., Class A

     2,667,470        78,236,895  

Fox Corp., Class A

     234,447        7,192,834  

New York Times Co., Class A

     25,428        731,055  

Nexstar Media Group, Inc., Class A

     23,981        4,001,230  

Sirius XM Holdings, Inc.(a)

     1,631,566        9,316,242  

TEGNA, Inc.

     131,080        2,710,734  
     

 

 

 
Total Media

 

     102,949,058  
Multiline Retail – 0.7%

 

Dollar General Corp.

     54,121        12,981,463  

Target Corp.

     216,265        32,091,563  
     

 

 

 
Total Multiline Retail

 

     45,073,026  
Oil, Gas & Consumable Fuels – 1.3%

 

Civitas Resources, Inc.(a)

     79,459        4,560,152  

Coterra Energy, Inc.

     632,484        16,520,482  

Diamondback Energy, Inc.

     101,711        12,252,107  

Equitrans Midstream Corp.

     770,429        5,762,809  

HF Sinclair Corp.

     211,400        11,381,776  

Matador Resources Co.

     12,756        624,023  

Murphy Oil Corp.

     90,564        3,185,136  

Pioneer Natural Resources Co.

     104,224        22,567,623  

Texas Pacific Land Corp.

     2,090        3,714,411  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     80,568,519  
Personal Products – 0.2%

 

Estee Lauder Cos., Inc., Class A

     49,621        10,713,174  

 

See Notes to Financial Statements.

 

66   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

September 30, 2022

 

 

 

Investments    Shares      Value  
Pharmaceuticals – 11.5%

 

Eli Lilly & Co.

     403,165      $ 130,363,403  

Johnson & Johnson

     2,085,680        340,716,685  

Merck & Co., Inc.

     2,901,539        249,880,539  

Zoetis, Inc.

     62,774        9,308,756  
     

 

 

 
Total Pharmaceuticals

 

     730,269,383  
Professional Services – 0.5%

 

Booz Allen Hamilton Holding Corp.

     70,606        6,520,464  

Equifax, Inc.(a)

     21,086        3,614,773  

Exponent, Inc.

     11,975        1,049,848  

Insperity, Inc.

     16,941        1,729,507  

Leidos Holdings, Inc.

     64,693        5,658,697  

ManpowerGroup, Inc.

     40,997        2,652,096  

Robert Half International, Inc.

     49,460        3,783,690  

TransUnion

     21,123        1,256,607  

Verisk Analytics, Inc.

     26,334        4,490,737  
     

 

 

 
Total Professional Services

 

     30,756,419  
Real Estate Management & Development – 0.0%

 

eXp World Holdings, Inc.(a)

     8,854        99,253  
Road & Rail – 1.8%

 

CSX Corp.

     687,179        18,306,448  

JB Hunt Transport Services, Inc.

     20,614        3,224,442  

Landstar System, Inc.

     7,384        1,066,028  

Norfolk Southern Corp.

     109,669        22,992,106  

Old Dominion Freight Line, Inc.

     8,504        2,115,540  

Union Pacific Corp.

     341,695        66,569,020  
     

 

 

 
Total Road & Rail

 

     114,273,584  
Semiconductors & Semiconductor Equipment – 4.2%

 

Analog Devices, Inc.

     249,817        34,809,501  

Applied Materials, Inc.

     178,524        14,626,471  

Entegris, Inc.

     10,373        861,167  

KLA Corp.

     48,599        14,707,515  

Lam Research Corp.

     38,327        14,027,682  

Marvell Technology, Inc.

     62,297        2,673,164  

Micron Technology, Inc.

     162,789        8,155,729  

Monolithic Power Systems, Inc.

     6,927        2,517,272  

NVIDIA Corp.

     40,755        4,947,250  

QUALCOMM, Inc.

     529,829        59,860,080  

Skyworks Solutions, Inc.

     74,574        6,358,925  

Teradyne, Inc.

     14,242        1,070,286  

Texas Instruments, Inc.

     666,231        103,119,234  

Universal Display Corp.

     6,179        582,989  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     268,317,265  
Software – 5.7%

 

Dolby Laboratories, Inc., Class A

     25,103        1,635,461  

Intuit, Inc.

     36,195        14,019,047  

Microsoft Corp.

     1,147,922        267,351,034  

NortonLifeLock, Inc.

     366,698        7,385,298  

Oracle Corp.

     1,202,463        73,434,415  

Pegasystems, Inc.

     898        28,862  
     

 

 

 
Total Software

 

     363,854,117  
Specialty Retail – 4.1%

 

Advance Auto Parts, Inc.

     31,528      4,929,088  

American Eagle Outfitters, Inc.

     141,561        1,377,389  

Best Buy Co., Inc.

     204,779        12,970,702  

Gap, Inc.

     332,907        2,733,166  

Home Depot, Inc.

     505,253        139,419,513  

Lowe’s Cos., Inc.

     261,277        49,070,433  

Ross Stores, Inc.

     109,327        9,212,986  

TJX Cos., Inc.

     532,351        33,069,644  

Tractor Supply Co.

     32,327        6,008,943  

Williams-Sonoma, Inc.

     36,417        4,291,743  
     

 

 

 
Total Specialty Retail

 

     263,083,607  
Technology Hardware, Storage & Peripherals – 5.5%

 

Apple, Inc.

     2,262,494        312,676,671  

HP, Inc.

     972,997        24,247,085  

NetApp, Inc.

     155,134        9,595,038  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     346,518,794  
Textiles, Apparel & Luxury Goods – 0.7%

 

Carter’s, Inc.(a)

     27,356        1,792,639  

Columbia Sportswear Co.

     18,206        1,225,264  

Hanesbrands, Inc.(a)

     368,907        2,567,593  

NIKE, Inc., Class B

     281,245        23,377,084  

Ralph Lauren Corp.

     31,012        2,633,849  

Tapestry, Inc.

     207,720        5,905,480  

VF Corp.

     333,599        9,977,946  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     47,479,855  
Thrifts & Mortgage Finance – 0.1%

 

MGIC Investment Corp.

     253,486        3,249,691  

Walker & Dunlop, Inc.

     11,376        952,512  
     

 

 

 
Total Thrifts & Mortgage Finance

 

     4,202,203  
Tobacco – 6.3%

 

Altria Group, Inc.

     4,524,322        182,692,123  

Philip Morris International, Inc.

     2,590,621        215,047,449  
     

 

 

 
Total Tobacco

 

     397,739,572  
Trading Companies & Distributors – 0.4%

 

Air Lease Corp.

     54,439        1,688,153  

Fastenal Co.

     316,154        14,555,730  

Herc Holdings, Inc.

     9,086        943,854  

W.W. Grainger, Inc.

     20,578        10,066,552  
     

 

 

 
Total Trading Companies & Distributors

 

     27,254,289  

TOTAL COMMON STOCKS

(Cost: $6,446,889,798)

              6,339,143,720  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.1%

 

United States – 0.1%      

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(b)

 

  
(Cost: $10,196,003)      10,196,003        10,196,003  

TOTAL INVESTMENTS IN SECURITIES – 99.9%

(Cost: $6,457,085,801)

 

 

     6,349,339,723  

Other Assets less Liabilities – 0.1%

 

     4,816,830  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 6,354,156,553  

 

See Notes to Financial Statements.

 

WisdomTree Trust      67  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

September 30, 2022

 

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $17,574,223 and the total market value of the collateral held by the Fund was $18,418,365. The total market value of the collateral includes non-cash U.S. Government and U.S. Government Agencies securities collateral having a value of $8,222,362.

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 6,339,143,720      $      $      $ 6,339,143,720  

Investment of Cash Collateral for Securities Loaned

            10,196,003               10,196,003  

Total Investments in Securities

   $ 6,339,143,720      $ 10,196,003      $      $ 6,349,339,723  

 

See Notes to Financial Statements.

 

68   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.7%      
United States – 99.1%

 

Aerospace & Defense – 0.4%

 

Kaman Corp.

     60,778      $ 1,697,530  

Moog, Inc., Class A

     49,755        3,500,264  

Park Aerospace Corp.

     99,944        1,103,382  
     

 

 

 
Total Aerospace & Defense

 

     6,301,176  
Air Freight & Logistics – 0.1%

 

Forward Air Corp.

     24,502        2,211,550  
Auto Components – 0.9%      

Dana, Inc.

     315,037        3,600,873  

LCI Industries

     72,337        7,339,312  

Patrick Industries, Inc.

     52,740        2,312,122  

Standard Motor Products, Inc.

     51,162        1,662,765  
     

 

 

 
Total Auto Components

 

     14,915,072  
Automobiles – 0.1%

 

Winnebago Industries, Inc.

     39,346        2,093,601  
Banks – 18.7%      

1st Source Corp.

     46,153        2,136,884  

ACNB Corp.

     17,981        540,149  

Allegiance Bancshares, Inc.

     14,262        593,727  

Amalgamated Financial Corp.

     39,002        879,495  

American National Bankshares, Inc.

     20,249        646,956  

Ameris Bancorp

     45,748        2,045,393  

Ames National Corp.

     24,457        542,456  

Arrow Financial Corp.

     33,699        971,208  

Associated Banc-Corp.

     307,794        6,180,504  

Atlantic Union Bankshares Corp.

     135,797        4,125,513  

Banc of California, Inc.

     28,607        456,854  

BancFirst Corp.

     56,106        5,019,804  

Bank First Corp.(a)

     6,478        495,437  

Bank of Hawaii Corp.

     74,324        5,657,543  

Bank of Marin Bancorp

     18,778        562,401  

Bank of Princeton

     8,361        237,034  

Bank7 Corp.

     23,006        510,273  

BankFinancial Corp.

     30,238        286,051  

BankUnited, Inc.

     109,042        3,725,965  

Bankwell Financial Group, Inc.

     13,583        395,401  

Banner Corp.

     60,832        3,593,955  

Bar Harbor Bankshares

     19,075        505,869  

BCB Bancorp, Inc.

     58,303        981,239  

Berkshire Hills Bancorp, Inc.(a)

     61,765        1,686,184  

Blue Ridge Bankshares, Inc.

     28,209        358,536  

Brookline Bancorp, Inc.

     168,152        1,958,971  

Business First Bancshares, Inc.(a)

     22,738        489,549  

Byline Bancorp, Inc.

     21,025        425,756  

C&F Financial Corp.

     9,720        520,020  

Cambridge Bancorp

     17,420        1,389,071  

Camden National Corp.

     31,712        1,350,931  

Capital Bancorp, Inc.

     1,825        42,158  

Capital City Bank Group, Inc.

     21,979        683,767  

Capstar Financial Holdings, Inc.

     10,206        189,117  

Cathay General Bancorp

     193,811        7,453,971  

CB Financial Services, Inc.(a)

     11,650      253,504  

CBTX, Inc.

     31,319        916,081  

Central Pacific Financial Corp.

     68,394        1,415,072  

Central Valley Community Bancorp

     22,736        402,655  

Chemung Financial Corp.

     8,055        337,263  

ChoiceOne Financial Services, Inc.

     8,249        179,168  

Citizens & Northern Corp.

     58,075        1,404,253  

Citizens Community Bancorp, Inc.

     3,885        47,280  

Citizens Holding Co.(a)

     8,205        125,536  

City Holding Co.

     43,256        3,836,375  

Civista Bancshares, Inc.

     22,229        461,474  

CNB Financial Corp.

     29,181        687,796  

Codorus Valley Bancorp, Inc.

     21,789        410,505  

Colony Bankcorp, Inc.

     8,534        111,198  

Columbia Banking System, Inc.

     151,606        4,379,897  

Community Bank System, Inc.

     67,884        4,078,471  

Community Financial Corp.

     8,584        294,431  

Community Trust Bancorp, Inc.

     47,563        1,928,680  

ConnectOne Bancorp, Inc.

     42,419        978,182  

CVB Financial Corp.

     281,925        7,138,341  

Dime Community Bancshares, Inc.

     76,542        2,241,150  

Eagle Bancorp Montana, Inc.

     4,298        81,662  

Eagle Bancorp, Inc.

     67,184        3,011,187  

Eastern Bankshares, Inc.

     168,447        3,308,299  

Enterprise Bancorp, Inc.

     20,516        613,634  

Enterprise Financial Services Corp.(a)

     45,647        2,010,294  

Equity Bancshares, Inc., Class A

     6,641        196,773  

Evans Bancorp, Inc.

     8,071        295,802  

Farmers & Merchants Bancorp, Inc.

     24,308        653,156  

Farmers National Banc Corp.

     76,138        996,646  

FB Financial Corp.

     29,898        1,142,403  

Fidelity D&D Bancorp, Inc.

     4,740        191,259  

Financial Institutions, Inc.

     47,895        1,152,833  

First Bancorp

     39,703        1,452,336  

First Bancorp, Inc.

     40,222        1,108,116  

First Bancshares, Inc.(a)

     18,329        547,487  

First Bank

     11,785        161,101  

First Busey Corp.

     93,809        2,061,922  

First Business Financial Services, Inc.

     9,669        312,405  

First Capital, Inc.

     3,986        102,480  

First Commonwealth Financial Corp.(a)

     170,515        2,189,413  

First Community Bankshares, Inc.

     43,439        1,391,351  

First Community Corp.

     9,199        160,982  

First Financial Bancorp

     214,024        4,511,626  

First Financial Corp.

     29,651        1,339,929  

First Financial Northwest, Inc.

     15,243        226,206  

First Foundation, Inc.

     41,630        755,168  

First Guaranty Bancshares, Inc.

     16,335        357,410  

First Hawaiian, Inc.

     272,093        6,701,651  

First Internet Bancorp

     7,475        253,103  

First Interstate BancSystem, Inc., Class A(a)

     113,436        4,577,143  

First Merchants Corp.

     79,908        3,090,841  

First Mid Bancshares, Inc.

     14,931        477,344  

First National Corp.

     2,182        33,385  

 

See Notes to Financial Statements.

 

WisdomTree Trust      69  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2022

 

 

 

Investments    Shares      Value  

First Northwest Bancorp

     8,724      $ 140,456  

First of Long Island Corp.

     52,411        903,566  

First Savings Financial Group, Inc.

     3,025        69,515  

First United Corp.

     19,446        321,831  

Five Star Bancorp

     19,446        551,489  

Flushing Financial Corp.

     47,648        922,942  

FNB Corp.

     694,947        8,061,385  

FNCB Bancorp, Inc.(a)

     31,751        238,450  

Fulton Financial Corp.

     331,530        5,238,174  

German American Bancorp, Inc.(a)

     44,055        1,573,204  

Great Southern Bancorp, Inc.

     23,646        1,349,477  

Guaranty Bancshares, Inc.

     24,331        841,609  

Hanmi Financial Corp.(a)

     85,690        2,029,139  

HarborOne Bancorp, Inc.

     25,343        340,103  

Hawthorn Bancshares, Inc.

     7,267        158,857  

HBT Financial, Inc.

     101,207        1,836,907  

Heartland Financial USA, Inc.

     44,264        1,919,287  

Heritage Commerce Corp.(a)

     130,319        1,477,817  

Heritage Financial Corp.

     74,314        1,967,092  

Hilltop Holdings, Inc.

     69,353        1,723,422  

HomeStreet, Inc.

     28,488        820,739  

HomeTrust Bancshares, Inc.

     3,786        83,671  

Hope Bancorp, Inc.

     281,799        3,561,939  

Horizon Bancorp, Inc.

     82,907        1,489,010  

Independent Bank Corp.

     120,992        5,571,451  

Independent Bank Group, Inc.

     44,790        2,749,658  

International Bancshares Corp.

     145,053        6,164,752  

Investar Holding Corp.

     2,928        58,267  

Lakeland Bancorp, Inc.

     86,079        1,378,125  

Lakeland Financial Corp.

     35,498        2,584,609  

LCNB Corp.

     34,653        549,597  

Live Oak Bancshares, Inc.

     2,590        79,254  

Macatawa Bank Corp.

     119,512        1,106,681  

Mercantile Bank Corp.

     41,840        1,243,066  

Meridian Corp.

     7,594        221,517  

Metrocity Bankshares, Inc.(a)

     60,966        1,197,372  

Mid Penn Bancorp, Inc.(a)

     17,341        498,207  

Middlefield Banc Corp.

     10,543        285,715  

Midland States Bancorp, Inc.

     78,398        1,847,841  

MidWestOne Financial Group, Inc.

     34,320        936,593  

MVB Financial Corp.

     10,843        301,761  

National Bank Holdings Corp., Class A

     43,531        1,610,212  

National Bankshares, Inc.

     14,952        504,780  

NBT Bancorp, Inc.

     73,586        2,792,589  

Northeast Bank (a)

     3,928        144,040  

Northrim Bancorp, Inc.

     28,456        1,182,631  

Northwest Bancshares, Inc.

     384,793        5,198,553  

Norwood Financial Corp.

     19,518        518,788  

OceanFirst Financial Corp.

     90,011        1,677,805  

Ohio Valley Banc Corp.

     4,642        129,140  

Old National Bancorp

     481,962        7,937,914  

Old Second Bancorp, Inc.(a)

     20,480        267,264  

Orange County Bancorp, Inc.

     1,298        49,973  

Origin Bancorp, Inc.(a)

     22,534        866,883  

Orrstown Financial Services, Inc.

     30,468      728,795  

Pacific Premier Bancorp, Inc.

     167,962        5,200,104  

Park National Corp.

     39,899        4,966,628  

Parke Bancorp, Inc.

     22,247        466,297  

Partners Bancorp

     5,562        49,446  

Pathward Financial, Inc.

     8,334        274,689  

PCB Bancorp

     44,054        796,056  

PCSB Financial Corp.

     10,227        183,370  

Peapack-Gladstone Financial Corp.

     9,301        312,979  

Penns Woods Bancorp, Inc.

     14,444        330,912  

Peoples Bancorp of North Carolina, Inc.

     9,118        226,126  

Peoples Bancorp, Inc.(a)

     84,038        2,431,219  

Peoples Financial Services Corp.

     13,814        647,048  

Plumas Bancorp

     7,310        207,385  

Preferred Bank

     27,125        1,769,364  

Premier Financial Corp.

     90,232        2,318,962  

Primis Financial Corp.

     64,941        787,734  

QCR Holdings, Inc.

     4,446        226,479  

RBB Bancorp

     38,262        795,084  

Red River Bancshares, Inc.

     3,311        163,663  

Renasant Corp.

     66,253        2,072,394  

Republic Bancorp, Inc., Class A

     32,339        1,238,584  

Richmond Mutual BanCorp, Inc.

     12,347        165,820  

Riverview Bancorp, Inc.

     46,887        297,732  

S&T Bancorp, Inc.

     78,587        2,303,385  

Salisbury Bancorp, Inc.

     23,227        556,519  

Sandy Spring Bancorp, Inc.

     89,229        3,146,215  

SB Financial Group, Inc.

     8,332        140,394  

Seacoast Banking Corp. of Florida

     42,410        1,282,054  

Shore Bancshares, Inc.

     27,968        484,406  

Sierra Bancorp

     33,524        662,099  

Simmons First National Corp., Class A

     175,734        3,829,244  

SmartFinancial, Inc.

     4,714        116,483  

South Plains Financial, Inc.

     14,609        402,624  

Southern States Bancshares, Inc.

     2,742        74,720  

Southside Bancshares, Inc.

     75,497        2,669,574  

Stock Yards Bancorp, Inc.

     47,355        3,220,614  

Summit Financial Group, Inc.

     26,370        710,408  

Summit State Bank

     3,254        47,216  

Tompkins Financial Corp.

     30,260        2,197,481  

Towne Bank

     89,410        2,398,870  

TriCo Bancshares

     44,939        2,006,526  

Trustmark Corp.

     90,577        2,774,374  

Union Bankshares, Inc.

     17,142        387,752  

United Community Banks, Inc.

     180,253        5,966,374  

United Security Bancshares

     56,156        366,137  

Unity Bancorp, Inc.

     6,212        155,983  

Univest Financial Corp.

     64,726        1,519,766  

Veritex Holdings, Inc.

     71,625        1,904,509  

Washington Federal, Inc.

     95,660        2,867,887  

Washington Trust Bancorp, Inc.

     35,032        1,628,287  

WesBanco, Inc.

     133,278        4,447,487  

West Bancorp, Inc.

     58,905        1,225,813  

 

See Notes to Financial Statements.

 

70   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2022

 

 

 

Investments    Shares      Value  

Westamerica BanCorp

     52,509      $ 2,745,696  
     

 

 

 
Total Banks

 

     300,901,687  
Beverages – 0.1%

 

MGP Ingredients, Inc.

     19,574        2,077,976  
Building Products – 0.5%

 

Apogee Enterprises, Inc.

     69,304        2,648,799  

CSW Industrials, Inc.

     8,673        1,039,025  

Griffon Corp.

     100,083        2,954,450  

Insteel Industries, Inc.

     5,703        151,301  

Quanex Building Products Corp.

     48,984        889,549  
     

 

 

 
Total Building Products

 

     7,683,124  
Capital Markets – 3.0%

 

Artisan Partners Asset Management, Inc., Class A(a)

     336,918        9,073,202  

Associated Capital Group, Inc., Class A

     1,349        49,589  

B. Riley Financial, Inc.

     117,518        5,231,901  

BGC Partners, Inc., Class A

     170,132        534,214  

Bridge Investment Group Holdings, Inc., Class A

     65,824        954,448  

Brightsphere Investment Group, Inc.

     2,307        34,397  

Cowen, Inc., Class A

     19,656        759,508  

Diamond Hill Investment Group, Inc.

     4,138        682,770  

Federated Hermes, Inc.

     161,623        5,352,954  

GAMCO Investors, Inc., Class A

     12,075        205,879  

GCM Grosvenor, Inc., Class A(a)

     142,512        1,124,420  

Greenhill & Co., Inc.(a)

     15,061        89,462  

Manning & Napier, Inc.

     36,843        452,064  

Moelis & Co., Class A

     190,141        6,428,667  

Oppenheimer Holdings, Inc., Class A

     15,319        474,583  

Perella Weinberg Partners, Class A(a)

     77,074        487,878  

Piper Sandler Cos.

     21,193        2,219,755  

PJT Partners, Inc., Class A

     4,398        293,874  

Pzena Investment Management, Inc., Class A

     10,420        98,782  

Sculptor Capital Management, Inc.(a)

     85,669        757,314  

Silvercrest Asset Management Group, Inc., Class A

     22,475        367,466  

StepStone Group, Inc., Class A

     44,563        1,092,239  

Value Line, Inc.

     17,679        776,108  

Victory Capital Holdings, Inc., Class A

     107,670        2,509,788  

Virtu Financial, Inc., Class A

     313,062        6,502,298  

Virtus Investment Partners, Inc.

     12,456        1,986,981  

Westwood Holdings Group, Inc.

     15,467        148,947  
     

 

 

 
Total Capital Markets

 

     48,689,488  
Chemicals – 3.5%

 

AdvanSix, Inc.

     58,007        1,862,025  

American Vanguard Corp.

     20,636        385,893  

Cabot Corp.

     188,815        12,063,390  

Chase Corp.

     11,167        933,226  

H.B. Fuller Co.

     63,753        3,831,555  

Hawkins, Inc.

     59,021        2,301,229  

Innospec, Inc.

     39,859        3,414,721  

Kronos Worldwide, Inc.

     633,201        5,914,097  

Mativ Holdings, Inc.

     348,095        7,685,938  

Minerals Technologies, Inc.

     9,040        446,666  

NewMarket Corp.(a)

     33,960      10,216,187  

Northern Technologies International Corp.

     8,874        118,113  

Stepan Co.

     35,378        3,313,857  

Tredegar Corp.

     171,592        1,619,828  

Valhi, Inc.

     63,997        1,610,165  
     

 

 

 
Total Chemicals

 

     55,716,890  
Commercial Services & Supplies – 3.0%

 

ABM Industries, Inc.

     138,220        5,284,151  

ACCO Brands Corp.

     451,516        2,212,428  

Acme United Corp.

     13,763        316,824  

ARC Document Solutions, Inc.

     81,590        184,393  

Brady Corp., Class A

     101,856        4,250,451  

Brink’s Co.

     78,710        3,812,713  

CompX International, Inc.

     27,127        440,543  

Deluxe Corp.

     177,458        2,954,676  

Ennis, Inc.

     185,097        3,726,003  

Healthcare Services Group, Inc.

     469,093        5,671,334  

HNI Corp.

     154,814        4,104,119  

Interface, Inc.

     35,288        317,239  

Kimball International, Inc., Class B

     172,955        1,087,887  

Matthews International Corp., Class A

     108,661        2,435,093  

MillerKnoll, Inc.

     190,949        2,978,804  

NL Industries, Inc.(a)

     114,326        883,740  

Pitney Bowes, Inc.

     731,622        1,704,679  

Steelcase, Inc., Class A

     515,155        3,358,811  

UniFirst Corp.

     11,278        1,897,298  

VSE Corp.

     12,608        446,323  
     

 

 

 
Total Commercial Services & Supplies

 

     48,067,509  
Communications Equipment – 0.2%

 

ADTRAN Holdings, Inc.(a)

     113,466        2,221,664  

PCTEL, Inc.*

     76,744        362,232  
     

 

 

 
Total Communications Equipment

 

     2,583,896  
Construction & Engineering – 0.5%

 

Arcosa, Inc.

     20,536        1,174,248  

Argan, Inc.

     42,670        1,372,694  

Comfort Systems USA, Inc.

     23,014        2,239,953  

Granite Construction, Inc.

     74,913        1,902,041  

Primoris Services Corp.

     68,302        1,109,908  
     

 

 

 
Total Construction & Engineering

 

     7,798,844  
Construction Materials – 0.0%

 

United States Lime & Minerals, Inc.

     4,429        452,644  
Consumer Finance – 0.7%

 

Bread Financial Holdings, Inc.

     80,004        2,516,126  

Curo Group Holdings Corp.

     114,827        460,456  

FirstCash Holdings, Inc.

     41,664        3,056,055  

Navient Corp.

     263,657        3,873,121  

Nelnet, Inc., Class A

     15,079        1,194,106  

Regional Management Corp.

     24,529        687,793  
     

 

 

 
Total Consumer Finance

 

     11,787,657  
Containers & Packaging – 1.1%

 

Greif, Inc., Class A

     270,642        16,122,144  

Myers Industries, Inc.

     116,772        1,923,235  

 

See Notes to Financial Statements.

 

WisdomTree Trust      71  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2022

 

 

 

Investments    Shares      Value  

TriMas Corp.

     18,977      $ 475,753  
     

 

 

 
Total Containers & Packaging

 

     18,521,132  
Distributors – 0.1%

 

Weyco Group, Inc.

     46,378        943,328  
Diversified Consumer Services – 0.8%

 

Carriage Services, Inc.

     24,288        781,102  

Graham Holdings Co., Class B

     5,995        3,225,190  

Strategic Education, Inc.

     133,871        8,221,018  
     

 

 

 
Total Diversified Consumer Services

 

     12,227,310  
Diversified Financial Services – 0.0%

 

Alerus Financial Corp.

     12,246        270,637  
Diversified Telecommunication Services – 1.3%

 

ATN International, Inc.

     36,175        1,395,270  

Cogent Communications Holdings, Inc.

     385,143        20,089,059  
     

 

 

 
Total Diversified Telecommunication Services

 

     21,484,329  
Electric Utilities – 2.2%

 

ALLETE, Inc.

     266,179        13,322,259  

MGE Energy, Inc.

     137,603        9,030,885  

Otter Tail Corp.

     185,270        11,397,810  

Via Renewables, Inc.(a)

     242,983        1,679,013  
     

 

 

 
Total Electric Utilities

 

     35,429,967  
Electrical Equipment – 0.5%

 

Allied Motion Technologies, Inc.

     8,569        245,245  

AZZ, Inc.

     35,274        1,287,854  

Encore Wire Corp.

     1,679        193,992  

EnerSys

     44,558        2,591,939  

GrafTech International Ltd.

     120,024        517,303  

LSI Industries, Inc.

     147,025        1,130,622  

Powell Industries, Inc.

     56,657        1,194,330  

Preformed Line Products Co.

     11,502        818,367  
     

 

 

 
Total Electrical Equipment

 

     7,979,652  
Electronic Equipment, Instruments & Components – 1.9%

 

Advanced Energy Industries, Inc.

     21,155        1,637,609  

Avnet, Inc.

     312,268        11,279,120  

Badger Meter, Inc.

     27,613        2,551,165  

Bel Fuse, Inc., Class B

     21,065        531,891  

Belden, Inc.

     16,240        974,725  

Benchmark Electronics, Inc.

     104,296        2,584,455  

CTS Corp.

     21,800        907,970  

Methode Electronics, Inc.

     53,556        1,989,605  

PC Connection, Inc.(a)

     29,135        1,313,697  

Richardson Electronics Ltd.

     47,068        710,727  

Vishay Intertechnology, Inc.

     318,098        5,658,964  

Wayside Technology Group, Inc.

     17,672        475,023  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     30,614,951  
Energy Equipment & Services – 0.4%

 

Cactus, Inc., Class A

     86,120        3,309,591  

Solaris Oilfield Infrastructure, Inc., Class A

     259,519        2,429,098  
     

 

 

 
Total Energy Equipment & Services

 

     5,738,689  
Entertainment – 0.2%

 

World Wrestling Entertainment, Inc., Class A

     53,026      3,720,834  
Equity Real Estate Investment Trusts (REITs) – 8.1%

 

Acadia Realty Trust

     104,300        1,316,266  

Alexander & Baldwin, Inc.

     85,908        1,424,355  

Alexander’s, Inc.(a)

     22,482        4,697,839  

Alpine Income Property Trust, Inc.

     21,200        343,864  

American Assets Trust, Inc.

     101,510        2,610,837  

Apple Hospitality REIT, Inc.

     24,899        350,080  

Armada Hoffler Properties, Inc.

     107,369        1,114,490  

Bluerock Residential Growth REIT, Inc., Class A

     77,168        2,064,244  

Brandywine Realty Trust

     403,788        2,725,569  

BRT Apartments Corp.

     53,743        1,091,520  

CareTrust REIT, Inc.

     297,803        5,393,212  

Centerspace

     21,635        1,456,468  

Clipper Realty, Inc.

     78,499        547,138  

Community Healthcare Trust, Inc.

     62,597        2,050,052  

Corporate Office Properties Trust

     291,076        6,761,695  

Creative Media & Community Trust Corp.

     20,027        127,973  

CTO Realty Growth, Inc.(a)

     71,707        1,343,789  

Easterly Government Properties, Inc.

     274,291        4,325,569  

Empire State Realty Trust, Inc., Class A

     101,706        667,191  

EPR Properties

     204,160        7,321,178  

Essential Properties Realty Trust, Inc.

     265,715        5,168,157  

Farmland Partners, Inc.

     33,228        420,999  

Four Corners Property Trust, Inc.

     176,073        4,259,206  

Franklin Street Properties Corp.

     224,025        589,186  

Getty Realty Corp.

     150,678        4,051,731  

Gladstone Commercial Corp.

     130,167        2,017,588  

Gladstone Land Corp.(a)

     38,665        699,837  

Global Medical REIT, Inc.

     135,550        1,154,886  

Hudson Pacific Properties, Inc.

     260,401        2,851,391  

Independence Realty Trust, Inc.

     151,344        2,531,985  

Indus Realty Trust, Inc.

     3,388        177,430  

Industrial Logistics Properties Trust

     232,571        1,279,141  

InvenTrust Properties Corp.

     9,155        195,276  

iStar, Inc.

     80,009        740,883  

JBG SMITH Properties(a)

     179,260        3,330,651  

LTC Properties, Inc.

     114,415        4,284,842  

Necessity Retail REIT, Inc.

     528,565        3,107,962  

NETSTREIT Corp.

     57,031        1,015,722  

NexPoint Residential Trust, Inc.

     18,241        842,917  

Office Properties Income Trust

     203,569        2,860,144  

One Liberty Properties, Inc.

     90,112        1,894,154  

Outfront Media, Inc.

     100,253        1,522,843  

Paramount Group, Inc.

     345,485        2,152,372  

Pebblebrook Hotel Trust

     15,590        226,211  

Phillips Edison & Co., Inc.

     29,847        837,208  

Piedmont Office Realty Trust, Inc., Class A

     277,206        2,927,295  

Plymouth Industrial REIT, Inc.

     35,055        589,275  

Postal Realty Trust, Inc., Class A(a)

     48,985        718,610  

PotlatchDeltic Corp.

     141,685        5,814,752  

Retail Opportunity Investments Corp.

     185,043        2,546,192  

RLJ Lodging Trust

     21,713        219,736  

 

See Notes to Financial Statements.

 

72   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2022

 

 

 

Investments    Shares      Value  

RPT Realty

     194,102      $ 1,467,411  

Saul Centers, Inc.

     75,338        2,825,175  

SITE Centers Corp.

     274,025        2,934,808  

Tanger Factory Outlet Centers, Inc.

     158,593        2,169,552  

UMH Properties, Inc.

     96,842        1,563,998  

Uniti Group, Inc.

     456,301        3,171,292  

Universal Health Realty Income Trust

     42,134        1,820,610  

Urban Edge Properties

     154,637        2,062,858  

Urstadt Biddle Properties, Inc., Class A

     89,836        1,393,356  

Washington Real Estate Investment Trust

     113,799        1,998,310  

Whitestone REIT

     117,802        996,605  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     131,165,886  
Food & Staples Retailing – 1.3%

 

Andersons, Inc.

     85,312        2,647,231  

Ingles Markets, Inc., Class A

     22,031        1,745,076  

Natural Grocers by Vitamin Cottage, Inc.

     95,669        1,032,269  

PriceSmart, Inc.

     42,414        2,442,622  

SpartanNash Co.

     222,087        6,444,965  

Village Super Market, Inc., Class A

     60,179        1,163,260  

Weis Markets, Inc.

     68,355        4,869,610  
     

 

 

 
Total Food & Staples Retailing

 

     20,345,033  
Food Products – 1.4%

 

Alico, Inc.

     70,796        1,999,279  

B&G Foods, Inc.

     513,226        8,463,097  

Cal-Maine Foods, Inc.

     20,540        1,141,819  

J & J Snack Foods Corp.

     43,154        5,587,148  

John B. Sanfilippo & Son, Inc.

     12,702        961,922  

Limoneira Co.

     47,629        627,750  

Tootsie Roll Industries, Inc.

     66,592        2,216,182  

Utz Brands, Inc.

     128,662        1,942,796  
     

 

 

 
Total Food Products

 

     22,939,993  
Gas Utilities – 5.5%

 

Chesapeake Utilities Corp.

     50,902        5,873,582  

New Jersey Resources Corp.

     438,083        16,953,812  

Northwest Natural Holding Co.

     156,855        6,804,370  

ONE Gas, Inc.

     226,425        15,938,056  

RGC Resources, Inc.

     45,408        956,292  

South Jersey Industries, Inc.

     723,281        24,172,051  

Spire, Inc.

     278,384        17,351,675  
     

 

 

 
Total Gas Utilities

 

     88,049,838  
Health Care Equipment & Supplies – 0.4%

 

Atrion Corp.

     3,219        1,818,735  

CONMED Corp.

     31,600        2,533,372  

LeMaitre Vascular, Inc.(a)

     32,568        1,650,546  

Mesa Laboratories, Inc.(a)

     1,310        184,488  
     

 

 

 
Total Health Care Equipment & Supplies

 

     6,187,141  
Health Care Providers & Services – 1.5%

 

National HealthCare Corp.

     72,352        4,582,776  

National Research Corp.

     30,262        1,204,427  

Owens & Minor, Inc.

     7,509        180,967  

Patterson Cos., Inc.

     440,839        10,588,953  

Select Medical Holdings Corp.

     283,751        6,270,897  

U.S. Physical Therapy, Inc.(a)

     25,437      1,933,721  
     

 

 

 
Total Health Care Providers & Services

 

     24,761,741  
Health Care Technology – 0.0%

 

Simulations Plus, Inc.(a)

     12,261        595,149  
Hotels, Restaurants & Leisure – 1.4%

 

Cracker Barrel Old Country Store, Inc.

     122,317        11,324,108  

Dine Brands Global, Inc.

     40,804        2,593,502  

FAT Brands, Inc., Class A(a)

     78,193        579,410  

Jack in the Box, Inc.(a)

     57,650        4,270,136  

Krispy Kreme, Inc.

     185,908        2,143,519  

Nathan’s Famous, Inc.

     13,399        853,114  

RCI Hospitality Holdings, Inc.

     10,197        666,272  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     22,430,061  
Household Durables – 1.6%

 

Bassett Furniture Industries, Inc.

     45,801        718,160  

Century Communities, Inc.

     31,290        1,338,586  

Ethan Allen Interiors, Inc.

     169,206        3,577,015  

Flexsteel Industries, Inc.

     11,355        178,274  

Hamilton Beach Brands Holding Co., Class A

     31,026        362,073  

Hooker Furnishings Corp.

     55,766        752,283  

Installed Building Products, Inc.

     33,436        2,707,982  

KB Home

     158,259        4,102,073  

La-Z-Boy, Inc.

     100,075        2,258,693  

Lifetime Brands, Inc.

     54,468        368,748  

MDC Holdings, Inc.

     330,200        9,054,084  

Weber, Inc., Class A(a)

     71,994        473,001  
     

 

 

 
Total Household Durables

 

     25,890,972  
Household Products – 0.7%

 

Energizer Holdings, Inc.(a)

     253,815        6,380,909  

Oil-Dri Corp. of America

     27,534        666,323  

WD-40 Co.(a)

     20,805        3,656,271  
     

 

 

 
Total Household Products

 

     10,703,503  
Insurance – 1.9%

 

American Equity Investment Life Holding Co.

     47,131        1,757,515  

AMERISAFE, Inc.

     32,730        1,529,473  

CNO Financial Group, Inc.

     144,249        2,592,155  

Crawford & Co., Class A

     54,061        310,310  

Donegal Group, Inc., Class A(a)

     99,656        1,344,359  

Employers Holdings, Inc.

     31,723        1,094,126  

HCI Group, Inc.(a)

     12,050        472,360  

Heritage Insurance Holdings, Inc.

     54,035        122,119  

Horace Mann Educators Corp.

     67,888        2,395,768  

Investors Title Co.

     2,839        400,299  

Kemper Corp.

     79,688        3,287,927  

Mercury General Corp.

     221,309        6,289,602  

National Western Life Group, Inc., Class A

     314        53,631  

ProAssurance Corp.

     24,490        477,800  

Safety Insurance Group, Inc.

     54,867        4,474,952  

Stewart Information Services Corp.

     35,230        1,537,437  

Tiptree, Inc.

     62,881        676,600  

United Fire Group, Inc.(a)

     34,569        993,167  

United Insurance Holdings Corp.

     119,799        76,731  

 

See Notes to Financial Statements.

 

WisdomTree Trust      73  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2022

 

 

 

Investments    Shares      Value  

Universal Insurance Holdings, Inc.

     86,521      $ 852,232  
     

 

 

 
Total Insurance

 

     30,738,563  
IT Services – 0.6%

 

Cass Information Systems, Inc.

     44,842        1,555,569  

CSG Systems International, Inc.

     112,488        5,948,366  

Hackett Group, Inc.

     108,553        1,923,559  

Information Services Group, Inc.

     117,474        559,176  
     

 

 

 
Total IT Services

 

     9,986,670  
Leisure Products – 0.8%

 

Clarus Corp.(a)

     25,204        339,498  

Escalade, Inc.

     87,576        871,381  

Johnson Outdoors, Inc., Class A

     11,430        586,473  

Marine Products Corp.(a)

     146,155        1,236,472  

Smith & Wesson Brands, Inc.(a)

     108,768        1,127,924  

Sturm Ruger & Co., Inc.(a)

     161,961        8,225,999  
     

 

 

 
Total Leisure Products

 

     12,387,747  
Machinery – 5.6%

 

Alamo Group, Inc.

     4,220        515,979  

Albany International Corp., Class A

     38,496        3,034,640  

Allison Transmission Holdings, Inc.

     276,374        9,330,386  

Altra Industrial Motion Corp.

     47,047        1,581,720  

Astec Industries, Inc.(a)

     25,956        809,568  

Barnes Group, Inc.

     84,307        2,434,786  

Columbus McKinnon Corp.

     18,587        486,236  

Douglas Dynamics, Inc.

     84,595        2,370,352  

Eastern Co.

     18,415        319,500  

Enerpac Tool Group Corp.

     4,447        79,290  

EnPro Industries, Inc.

     30,737        2,612,030  

ESCO Technologies, Inc.

     9,548        701,205  

Federal Signal Corp.

     92,165        3,439,598  

Flowserve Corp.

     420,068        10,207,652  

Gorman-Rupp Co.

     44,349        1,055,063  

Graham Corp.

     30,978        272,297  

Greenbrier Cos., Inc.

     101,594        2,465,686  

Helios Technologies, Inc.

     27,653        1,399,242  

Hillenbrand, Inc.

     237,624        8,725,553  

Hurco Cos., Inc.

     11,495        258,408  

Kadant, Inc.

     9,114        1,520,306  

Kennametal, Inc.

     226,299        4,657,234  

Lindsay Corp.

     14,718        2,108,795  

Miller Industries, Inc.

     42,092        896,139  

Mueller Industries, Inc.

     97,593        5,800,928  

Mueller Water Products, Inc., Class A

     364,492        3,743,333  

Omega Flex, Inc.(a)

     15,832        1,466,360  

Park-Ohio Holdings Corp.

     34,216        386,983  

REV Group, Inc.

     86,730        956,632  

Shyft Group, Inc.

     9,410        192,246  

Standex International Corp.

     20,425        1,667,701  

Tennant Co.

     38,745        2,191,417  

Terex Corp.

     98,827        2,939,115  

Trinity Industries, Inc.

     389,311        8,311,790  

Wabash National Corp.

     101,332        1,576,726  
     

 

 

 
Total Machinery

 

     90,514,896  
Marine – 0.4%

 

Matson, Inc.

     116,349      7,157,790  
Media – 1.4%

 

Entravision Communications Corp., Class A

     215,469        855,412  

EW Scripps Co., Class A*(a)

     101,682        1,145,956  

Gray Television, Inc.(a)

     154,961        2,219,042  

John Wiley & Sons, Inc., Class A

     219,146        8,231,124  

Paramount Global, Class A(a)

     140,086        3,017,452  

Saga Communications, Inc., Class A

     8,803        230,198  

Scholastic Corp.

     101,013        3,107,160  

Sinclair Broadcast Group, Inc., Class A

     208,789        3,776,993  
     

 

 

 
Total Media

 

     22,583,337  
Metals & Mining – 1.6%

 

Commercial Metals Co.

     269,026        9,545,042  

Gold Resource Corp.

     200,751        331,239  

Haynes International, Inc.

     49,309        1,731,732  

Hecla Mining Co.(a)

     187,895        740,306  

Materion Corp.(a)

     12,775        1,022,000  

Olympic Steel, Inc.

     9,425        214,984  

Ryerson Holding Corp.

     58,825        1,514,156  

Schnitzer Steel Industries, Inc., Class A

     48,103        1,369,011  

SunCoke Energy, Inc.

     468,671        2,722,979  

Warrior Met Coal, Inc.

     57,538        1,636,381  

Worthington Industries, Inc.

     138,948        5,299,477  
     

 

 

 
Total Metals & Mining

 

     26,127,307  
Multi-Utilities – 2.0%

 

Avista Corp.

     381,139        14,121,200  

NorthWestern Corp.

     299,944        14,781,240  

Unitil Corp.

     81,116        3,767,838  
     

 

 

 
Total Multi-Utilities

 

     32,670,278  
Multiline Retail – 0.4%

 

Big Lots, Inc.(a)

     123,630        1,929,864  

Franchise Group, Inc.

     164,075        3,987,023  
     

 

 

 
Total Multiline Retail

 

     5,916,887  
Oil, Gas & Consumable Fuels – 3.5%

 

Adams Resources & Energy, Inc.

     28,768        857,286  

Arch Resources, Inc.

     22,710        2,693,406  

Berry Corp.

     298,532        2,238,990  

Brigham Minerals, Inc., Class A

     151,760        3,743,919  

California Resources Corp.

     242,585        9,322,542  

Chord Energy Corp.

     59,745        8,171,324  

Evolution Petroleum Corp.

     258,482        1,799,035  

HighPeak Energy, Inc.(a)

     83,426        1,807,007  

Magnolia Oil & Gas Corp., Class A

     277,013        5,487,627  

NACCO Industries, Inc., Class A

     17,359        816,394  

Northern Oil and Gas, Inc.

     161,946        4,438,940  

Riley Exploration Permian, Inc.

     185,881        3,528,021  

Sitio Royalties Corp.(a)

     261,398        5,779,510  

SM Energy Co.

     25,328        952,586  

VAALCO Energy, Inc.(a)

     463,426        2,020,537  

World Fuel Services Corp.

     140,845        3,301,407  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     56,958,531  

 

See Notes to Financial Statements.

 

74   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2022

 

 

 

Investments    Shares      Value  
Paper & Forest Products – 0.0%

 

Glatfelter Corp.

     140,240      $ 436,146  
Personal Products – 1.2%

 

Edgewell Personal Care Co.

     91,259        3,413,087  

Inter Parfums, Inc.

     63,135        4,764,167  

Medifast, Inc.

     41,586        4,506,259  

Nu Skin Enterprises, Inc., Class A

     203,249        6,782,419  
     

 

 

 
Total Personal Products

 

     19,465,932  
Pharmaceuticals – 0.1%

 

Phibro Animal Health Corp., Class A

     76,802        1,020,699  
Professional Services – 0.9%

 

Barrett Business Services, Inc.

     19,177        1,495,806  

BGSF, Inc.

     48,886        543,123  

CRA International, Inc.

     24,503        2,174,396  

Heidrick & Struggles International, Inc.

     62,638        1,627,962  

HireQuest, Inc.(a)

     21,981        283,555  

ICF International, Inc.

     18,141        1,977,732  

Kelly Services, Inc., Class A(a)

     44,758        608,261  

Kforce, Inc.

     57,600        3,378,240  

Resources Connection, Inc.

     126,718        2,289,794  
     

 

 

 
Total Professional Services

 

     14,378,869  
Real Estate Management & Development – 0.5%

 

Kennedy-Wilson Holdings, Inc.

     382,157        5,908,147  

Newmark Group, Inc., Class A

     60,235        485,494  

RE/MAX Holdings, Inc., Class A

     18,705        353,712  

RMR Group, Inc., Class A

     29,293        693,951  

St. Joe Co.

     23,940        766,798  
     

 

 

 
Total Real Estate Management & Development

 

     8,208,102  
Road & Rail – 1.0%

 

ArcBest Corp.

     18,431        1,340,487  

Heartland Express, Inc.(a)

     33,443        478,570  

Marten Transport Ltd.

     139,175        2,666,593  

Schneider National, Inc., Class B

     190,951        3,876,305  

Universal Logistics Holdings, Inc.

     101,103        3,206,987  

Werner Enterprises, Inc.

     128,932        4,847,843  
     

 

 

 
Total Road & Rail

 

     16,416,785  
Semiconductors & Semiconductor Equipment – 0.2%

 

NVE Corp.

     60,168        2,806,837  
Software – 0.8%

 

A10 Networks, Inc.(a)

     131,782        1,748,747  

American Software, Inc., Class A

     95,871        1,468,744  

Ebix, Inc.(a)

     36,578        693,885  

InterDigital, Inc.

     77,906        3,148,960  

Progress Software Corp.(a)

     79,785        3,394,852  

Xperi Holding Corp.

     122,527        1,732,532  
     

 

 

 
Total Software

 

     12,187,720  
Specialty Retail – 2.6%

 

Aaron’s Co., Inc.

     68,024        661,193  

Big 5 Sporting Goods Corp.(a)

     213,958        2,297,909  

Buckle, Inc.

     256,661        8,125,887  

Caleres, Inc.

     54,800        1,327,256  

Camping World Holdings, Inc., Class A

     268,674      6,802,826  

Cato Corp., Class A

     150,759        1,438,241  

Group 1 Automotive, Inc.

     15,131        2,161,766  

Guess?, Inc.

     297,728        4,367,670  

Haverty Furniture Cos., Inc.

     60,698        1,511,380  

Hibbett, Inc.

     26,679        1,328,881  

JOANN, Inc.

     224,213        1,484,290  

Monro, Inc.

     73,240        3,183,011  

Rent-A-Center, Inc.

     226,375        3,963,826  

Shoe Carnival, Inc.

     36,366        779,687  

Sonic Automotive, Inc., Class A

     30,429        1,317,576  

Winmark Corp.

     4,951        1,071,099  
     

 

 

 
Total Specialty Retail

 

     41,822,498  
Technology Hardware, Storage & Peripherals – 0.9%

 

Xerox Holdings Corp.

     1,095,300        14,326,524  
Textiles, Apparel & Luxury Goods – 1.4%

 

Culp, Inc.

     49,155        214,316  

Kontoor Brands, Inc.(a)

     248,040        8,336,624  

Levi Strauss & Co., Class A(a)

     149,438        2,162,368  

Movado Group, Inc.

     68,583        1,932,669  

Oxford Industries, Inc.

     34,808        3,125,062  

Rocky Brands, Inc.

     24,224        485,933  

Steven Madden Ltd.

     127,139        3,390,797  

Superior Group of Cos., Inc.

     33,533        297,773  

Wolverine World Wide, Inc.

     120,494        1,854,403  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     21,799,945  
Thrifts & Mortgage Finance – 2.1%

 

Capitol Federal Financial, Inc.

     216,823        1,799,631  

CF Bankshares, Inc.

     2,610        53,818  

ESSA Bancorp, Inc.

     21,096        409,051  

Federal Agricultural Mortgage Corp., Class C

     20,819        2,063,996  

Flagstar Bancorp, Inc.

     19,349        646,257  

FS Bancorp, Inc.

     14,578        397,396  

Greene County Bancorp, Inc.

     10,516        602,251  

Hingham Institution for Savings

     1,156        290,283  

Home Bancorp, Inc.

     14,557        567,577  

Home Point Capital, Inc.(a)

     79,591        122,570  

Kearny Financial Corp.(a)

     119,019        1,263,982  

Luther Burbank Corp.

     80,076        930,483  

Merchants Bancorp

     45,467        1,048,924  

Northeast Community Bancorp, Inc.(a)

     19,527        242,135  

Northfield Bancorp, Inc.

     68,011        973,237  

OP Bancorp

     40,567        451,105  

PennyMac Financial Services, Inc.

     54,831        2,352,250  

Provident Bancorp, Inc.

     4,483        64,152  

Provident Financial Holdings, Inc.

     22,886        324,981  

Provident Financial Services, Inc.

     155,322        3,028,779  

Radian Group, Inc.

     387,859        7,481,800  

Randolph Bancorp, Inc.

     10,510        283,350  

Southern Missouri Bancorp, Inc.

     14,065        717,737  

Territorial Bancorp, Inc.

     20,687        383,537  

Timberland Bancorp, Inc.

     20,349        562,650  

TrustCo Bank Corp.

     37,095        1,165,525  

 

See Notes to Financial Statements.

 

WisdomTree Trust      75  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2022

 

 

 

Investments    Shares      Value  

UWM Holdings Corp.(a)

     332,350      $ 973,785  

Waterstone Financial, Inc.

     68,476        1,106,572  

Western New England Bancorp, Inc.

     40,575        329,875  

WSFS Financial Corp.

     62,728        2,914,343  
     

 

 

 
Total Thrifts & Mortgage Finance

 

     33,552,032  
Tobacco – 1.7%

 

Turning Point Brands, Inc.

     11,475        243,614  

Universal Corp.

     287,819        13,251,187  

Vector Group Ltd.

     1,491,323        13,138,556  
     

 

 

 
Total Tobacco

 

     26,633,357  
Trading Companies & Distributors – 3.3%

 

Applied Industrial Technologies, Inc.

     94,138        9,675,504  

Boise Cascade Co.

     53,694        3,192,645  

GATX Corp.(a)

     83,453        7,106,023  

Global Industrial Co.

     87,844        2,356,854  

H&E Equipment Services, Inc.

     125,181        3,547,629  

McGrath RentCorp

     73,946        6,201,112  

MSC Industrial Direct Co., Inc., Class A

     213,499        15,544,862  

Rush Enterprises, Inc., Class A

     144,867        6,353,867  
     

 

 

 
Total Trading Companies & Distributors

 

     53,978,496  
Water Utilities – 1.6%

 

American States Water Co.

     103,962        8,103,838  

Artesian Resources Corp., Class A

     44,391        2,136,095  

California Water Service Group

     137,056        7,221,481  

Global Water Resources, Inc.

     58,672        688,222  

Middlesex Water Co.

     24,636        1,901,899  

SJW Group

     72,881        4,197,946  

York Water Co.

     22,200        853,146  
     

 

 

 
Total Water Utilities

 

     25,102,627  
Wireless Telecommunication Services – 0.5%

 

Shenandoah Telecommunications Co.(a)

     39,676        675,286  

Spok Holdings, Inc.

     164,810        1,259,148  

Telephone and Data Systems, Inc.

     489,399        6,802,646  
     

 

 

 
Total Wireless Telecommunication Services

 

     8,737,080  
Total United States

 

     1,597,196,915  
Puerto Rico – 0.6%      
Banks – 0.5%      

First Bancorp

     488,803      6,686,825  

OFG Bancorp

     43,088        1,082,801  
     

 

 

 
Total Banks

 

     7,769,626  
IT Services – 0.1%

 

EVERTEC, Inc.

     56,785        1,780,210  
Total Puerto Rico

 

     9,549,836  

TOTAL COMMON STOCKS

(Cost: $1,799,467,082)

 

 

     1,606,746,751  
EXCHANGE-TRADED FUND – 0.1%      
United States – 0.1%      
WisdomTree U.S. MidCap Dividend Fund(b)
(Cost: $813,747)
     19,456        732,907  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.2%

 

United States – 1.2%      

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

 

  
(Cost: $19,569,650)      19,569,650        19,569,650  

TOTAL INVESTMENTS IN SECURITIES – 101.0%

(Cost: $1,819,850,479)

 

 

     1,627,049,308  

Other Assets less Liabilities – (1.0)%

 

     (15,314,673
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,611,734,635  
*

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $63,000,898 and the total market value of the collateral held by the Fund was $65,028,975. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $45,459,325.

 

(b) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

INVESTMENT IN AFFILIATES

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate   Value at
3/31/2022
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2022
    Dividend
Income
 

WisdomTree U.S. MidCap Dividend Fund

  $ 1,218,396     $ 1,896,137     $ 2,074,378     $ (214,698   $ (92,550   $ 732,907     $ 14,113  

 

See Notes to Financial Statements.

 

76   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 1,606,746,751      $      $      $ 1,606,746,751  

Exchange-Traded Fund

     732,907                      732,907  

Investment of Cash Collateral for Securities Loaned

            19,569,650               19,569,650  

Total Investments in Securities

   $ 1,607,479,658      $ 19,569,650      $      $ 1,627,049,308  

 

See Notes to Financial Statements.

 

WisdomTree Trust      77  


Schedule of Investments (unaudited)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%

 

United States – 99.6%

 

Aerospace & Defense – 1.1%

 

AAR Corp.*

     17,412      $ 623,698  

Aerovironment, Inc.*

     5,561        463,565  

AerSale Corp.*

     23,248        431,018  

Byrna Technologies, Inc.*

     8,880        41,736  

Ducommun, Inc.*

     7,536        298,878  

Kaman Corp.

     14,370        401,354  

Kratos Defense & Security Solutions, Inc.*

     40,027        406,674  

Mercury Systems, Inc.*

     22,893        929,456  

Moog, Inc., Class A

     18,693        1,315,053  

National Presto Industries, Inc.

     4,572        297,409  

Park Aerospace Corp.

     13,903        153,489  

Triumph Group, Inc.*

     21,650        185,973  

V2X, Inc.*

     13,803        488,626  
     

 

 

 
Total Aerospace & Defense

 

     6,036,929  
Air Freight & Logistics – 1.3%

 

Air Transport Services Group, Inc.*

     36,246        873,166  

Atlas Air Worldwide Holdings, Inc.*

     45,016        4,302,179  

Forward Air Corp.

     9,730        878,230  

Hub Group, Inc., Class A*

     15,047        1,037,942  
     

 

 

 
Total Air Freight & Logistics

 

     7,091,517  
Airlines – 0.1%

 

Mesa Air Group, Inc.*

     55,332        91,298  

SkyWest, Inc.*

     27,288        443,703  

Sun Country Airlines Holdings, Inc.*(a)

     13,642        185,667  
     

 

 

 
Total Airlines

 

     720,668  
Auto Components – 1.3%

 

American Axle & Manufacturing Holdings, Inc.*

     147,354        1,006,428  

Gentherm, Inc.*

     11,486        571,199  

Modine Manufacturing Co.*

     55,319        715,828  

Motorcar Parts of America, Inc.*

     24,659        375,310  

Patrick Industries, Inc.

     19,081        836,511  

Standard Motor Products, Inc.

     16,950        550,875  

Strattec Security Corp.*

     6,259        130,187  

Tenneco, Inc., Class A*

     147,647        2,567,581  

XPEL, Inc.*

     5,771        371,883  
     

 

 

 
Total Auto Components

 

     7,125,802  
Automobiles – 0.3%

 

Winnebago Industries, Inc.

     30,970        1,647,914  

Workhorse Group, Inc.*(a)

     67,701        194,302  
     

 

 

 
Total Automobiles

 

     1,842,216  
Banks – 14.5%

 

1st Source Corp.

     15,867        734,642  

ACNB Corp.

     7,421        222,927  

Allegiance Bancshares, Inc.

     8,827        367,468  

Amalgamated Financial Corp.

     12,197        275,042  

Amerant Bancorp, Inc.

     8,431        209,426  

American National Bankshares, Inc.

     4,665        149,047  

Ames National Corp.

     11,046        245,000  

Arrow Financial Corp.

     12,075        347,996  

Atlantic Union Bankshares Corp.

     60,819      1,847,681  

Banc of California, Inc.

     12,850        205,215  

BancFirst Corp.

     16,977        1,518,932  

Bancorp, Inc.*

     27,862        612,407  

Bank First Corp.(a)

     2,787        213,150  

Bank of Marin Bancorp

     1,125        33,694  

BankFinancial Corp.

     13,684        129,451  

Bankwell Financial Group, Inc.

     675        19,649  

Banner Corp.

     22,476        1,327,882  

BCB Bancorp, Inc.

     9,004        151,537  

Berkshire Hills Bancorp, Inc.

     12,964        353,917  

Brookline Bancorp, Inc.

     43,159        502,802  

Business First Bancshares, Inc.

     8,988        193,512  

Byline Bancorp, Inc.

     19,056        385,884  

Cambridge Bancorp

     2,030        161,872  

Camden National Corp.

     8,503        362,228  

Capital City Bank Group, Inc.

     4,698        146,155  

Capstar Financial Holdings, Inc.

     3,309        61,316  

Carter Bankshares, Inc.*

     4,948        79,663  

CBTX, Inc.

     3,965        115,976  

Central Pacific Financial Corp.

     12,265        253,763  

Central Valley Community Bancorp

     1,975        34,977  

Citizens & Northern Corp.

     9,453        228,574  

City Holding Co.

     7,465        662,071  

Civista Bancshares, Inc.

     6,003        124,622  

CNB Financial Corp.

     14,019        330,428  

Codorus Valley Bancorp, Inc.

     1,278        24,078  

Columbia Banking System, Inc.

     46,211        1,335,036  

Community Financial Corp.

     2,554        87,602  

Community Trust Bancorp, Inc.

     9,317        377,804  

ConnectOne Bancorp, Inc.

     32,600        751,756  

CrossFirst Bankshares, Inc.*

     19,968        260,582  

Customers Bancorp, Inc.*

     34,071        1,004,413  

CVB Financial Corp.

     74,307        1,881,453  

Dime Community Bancshares, Inc.

     23,456        686,792  

Eagle Bancorp, Inc.

     22,405        1,004,192  

Enterprise Bancorp, Inc.

     2,022        60,478  

Enterprise Financial Services Corp.

     14,279        628,847  

Equity Bancshares, Inc., Class A

     6,573        194,758  

Esquire Financial Holdings, Inc.

     3,649        137,020  

Farmers National Banc Corp.

     26,297        344,228  

FB Financial Corp.

     27,401        1,046,992  

Financial Institutions, Inc.

     10,676        256,971  

First Bancorp

     15,902        581,695  

First Bancorp, Inc.

     6,058        166,898  

First Bancshares, Inc.

     8,094        241,768  

First Bank

     7,432        101,595  

First Busey Corp.

     27,675        608,296  

First Business Financial Services, Inc.

     4,008        129,498  

First Commonwealth Financial Corp.

     55,624        714,212  

First Community Bankshares, Inc.

     10,829        346,853  

First Financial Bancorp

     86,038        1,813,681  

First Financial Corp.

     7,985        360,842  

First Foundation, Inc.

     32,239        584,815  

 

See Notes to Financial Statements.

 

78   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2022

 

 

 

Investments    Shares      Value  

First Internet Bancorp

     5,153      $ 174,481  

First Interstate BancSystem, Inc., Class A

     66,132        2,668,426  

First Merchants Corp.

     36,775        1,422,457  

First Mid Bancshares, Inc.

     9,106        291,119  

First of Long Island Corp.

     15,690        270,496  

First Savings Financial Group, Inc.

     4,304        98,906  

First Western Financial, Inc.*(a)

     663        16,343  

Flushing Financial Corp.

     24,153        467,844  

Fulton Financial Corp.

     134,091        2,118,638  

German American Bancorp, Inc.

     10,339        369,206  

Great Southern Bancorp, Inc.

     9,562        545,703  

Guaranty Bancshares, Inc.

     2,303        79,661  

Hanmi Financial Corp.

     20,994        497,138  

HarborOne Bancorp, Inc.

     30,210        405,418  

HBT Financial, Inc.

     22,691        411,842  

Heartland Financial USA, Inc.

     24,421        1,058,895  

Heritage Commerce Corp.

     12,128        137,532  

Heritage Financial Corp.

     26,966        713,790  

Hilltop Holdings, Inc.

     85,751        2,130,912  

HomeStreet, Inc.

     18,707        538,949  

Hope Bancorp, Inc.

     100,609        1,271,698  

Horizon Bancorp, Inc.

     31,041        557,496  

Independent Bank Corp.

     15,582        297,616  

International Bancshares Corp.

     51,952        2,207,960  

Lakeland Bancorp, Inc.

     28,018        448,568  

Lakeland Financial Corp.

     13,233        963,495  

LCNB Corp.

     8,306        131,733  

Macatawa Bank Corp.

     520        4,815  

Mercantile Bank Corp.

     9,969        296,179  

Meridian Corp.

     3,579        104,399  

Metrocity Bankshares, Inc.

     17,405        341,834  

Metropolitan Bank Holding Corp.*

     4,905        315,686  

Mid Penn Bancorp, Inc.(a)

     4,651        133,623  

Midland States Bancorp, Inc.

     9,033        212,908  

MidWestOne Financial Group, Inc.

     14,105        384,925  

MVB Financial Corp.

     616        17,143  

National Bank Holdings Corp., Class A

     20,435        755,891  

National Bankshares, Inc.

     1,106        37,339  

NBT Bancorp, Inc.

     27,469        1,042,449  

Nicolet Bankshares, Inc.*

     5,826        410,383  

Northeast Bank

     11,739        430,469  

Northrim Bancorp, Inc.

     5,549        230,616  

Northwest Bancshares, Inc.

     68,458        924,868  

OceanFirst Financial Corp.

     16,010        298,426  

Old National Bancorp

     190,589        3,139,001  

Old Second Bancorp, Inc.

     6,151        80,271  

Origin Bancorp, Inc.

     9,983        384,046  

Orrstown Financial Services, Inc.

     7,811        186,839  

Pathward Financial, Inc.

     18,512        610,156  

PCB Bancorp

     1,016        18,359  

PCSB Financial Corp.

     8,674        155,525  

Peapack-Gladstone Financial Corp.

     6,607        222,326  

Peoples Bancorp, Inc.

     668        19,325  

Peoples Financial Services Corp.

     3,230        151,293  

Preferred Bank

     9,160      597,507  

Premier Financial Corp.

     23,885        613,844  

Primis Financial Corp.

     9,250        112,203  

Professional Holding Corp., Class A*

     4,579        118,779  

QCR Holdings, Inc.

     14,576        742,501  

RBB Bancorp

     9,711        201,795  

Red River Bancshares, Inc.

     3,364        166,283  

Renasant Corp.

     30,538        955,229  

Republic Bancorp, Inc., Class A

     12,267        469,826  

Republic First Bancorp, Inc.*

     37,816        107,019  

S&T Bancorp, Inc.

     23,438        686,968  

Sandy Spring Bancorp, Inc.

     34,977        1,233,289  

Seacoast Banking Corp. of Florida

     25,713        777,304  

Shore Bancshares, Inc.

     6,314        109,358  

Sierra Bancorp

     8,023        158,454  

SmartFinancial, Inc.

     2,976        73,537  

South Plains Financial, Inc.

     9,567        263,667  

Southern First Bancshares, Inc.*

     158        6,582  

Southside Bancshares, Inc.

     18,120        640,723  

Stock Yards Bancorp, Inc.

     11,536        784,563  

Summit Financial Group, Inc.

     9,841        265,117  

Texas Capital Bancshares, Inc.*

     28,226        1,666,181  

Towne Bank

     50,786        1,362,588  

TriCo Bancshares

     16,835        751,683  

Trustmark Corp.

     36,528        1,118,853  

Unity Bancorp, Inc.

     3,555        89,266  

Univest Financial Corp.

     19,421        456,005  

Veritex Holdings, Inc.

     24,946        663,314  

Washington Federal, Inc.

     52,214        1,565,376  

Washington Trust Bancorp, Inc.

     7,777        361,475  

WesBanco, Inc.

     45,984        1,534,486  

West Bancorp, Inc.

     4,972        103,467  

Westamerica BanCorp

     5,550        290,209  
     

 

 

 
Total Banks

 

     78,594,928  
Beverages – 0.3%

 

Duckhorn Portfolio, Inc.*(a)

     24,983        360,504  

MGP Ingredients, Inc.

     10,117        1,074,021  
     

 

 

 
Total Beverages

 

     1,434,525  
Biotechnology – 3.1%

 

Agenus, Inc.*

     63,938        131,073  

Agios Pharmaceuticals, Inc.*(a)

     111,868        3,163,627  

Alector, Inc.*

     17,153        162,267  

AnaptysBio, Inc.*(a)

     5,885        150,126  

Avid Bioservices, Inc.*(a)

     11,480        219,498  

CareDx, Inc.*

     12,047        205,040  

Catalyst Pharmaceuticals, Inc.*

     77,524        994,633  

Coherus Biosciences, Inc.*

     17,132        164,639  

Eagle Pharmaceuticals, Inc.*

     8,438        222,932  

Emergent BioSolutions, Inc.*

     54,982        1,154,072  

Enanta Pharmaceuticals, Inc.*

     4,412        228,850  

Ironwood Pharmaceuticals, Inc.*

     309,116        3,202,442  

iTeos Therapeutics, Inc.*

     8,898        169,507  

Kymera Therapeutics, Inc.*

     10,822        235,595  

 

See Notes to Financial Statements.

 

WisdomTree Trust      79  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2022

 

 

 

Investments    Shares      Value  

Ligand Pharmaceuticals, Inc.*

     5,797      $ 499,180  

Organogenesis Holdings, Inc.*

     62,856        203,653  

Ovid Therapeutics, Inc.*(a)

     140,387        258,312  

Sage Therapeutics, Inc.*

     116,530        4,563,315  

Surface Oncology, Inc.*

     48,352        50,286  

Vanda Pharmaceuticals, Inc.*

     21,298        210,424  

Vericel Corp.*

     9,881        229,239  

Xencor, Inc.*

     12,743        331,063  
     

 

 

 
Total Biotechnology

 

     16,749,773  
Building Products – 1.0%

 

American Woodmark Corp.*

     9,701        425,486  

Apogee Enterprises, Inc.

     14,024        535,997  

CSW Industrials, Inc.

     4,752        569,290  

Gibraltar Industries, Inc.*

     10,875        445,114  

Griffon Corp.

     36,178        1,067,975  

Insteel Industries, Inc.

     16,178        429,202  

Janus International Group, Inc.*

     25,908        231,099  

JELD-WEN Holding, Inc.*

     57,934        506,922  

PGT Innovations, Inc.*

     26,403        553,407  

Quanex Building Products Corp.

     21,544        391,239  
     

 

 

 
Total Building Products

 

     5,155,731  
Capital Markets – 3.2%

 

Artisan Partners Asset Management, Inc., Class A

     47,292        1,273,573  

AssetMark Financial Holdings, Inc.*(a)

     23,432        428,571  

B. Riley Financial, Inc.

     52,686        2,345,581  

BGC Partners, Inc., Class A

     438,748        1,377,669  

Blucora, Inc.*

     32,305        624,779  

Brightsphere Investment Group, Inc.

     78,568        1,171,449  

Cowen, Inc., Class A

     50,256        1,941,892  

Diamond Hill Investment Group, Inc.

     2,092        345,180  

Donnelley Financial Solutions, Inc.*

     12,445        460,092  

GAMCO Investors, Inc., Class A

     12,286        209,476  

GCM Grosvenor, Inc., Class A(a)

     61,822        487,776  

Greenhill & Co., Inc.

     24,802        147,324  

Open Lending Corp., Class A*

     38,445        309,098  

Oppenheimer Holdings, Inc., Class A

     23,947        741,878  

Perella Weinberg Partners, Class A

     8,875        56,179  

PJT Partners, Inc., Class A

     14,548        972,097  

Pzena Investment Management, Inc., Class A

     30,441        288,581  

Silvercrest Asset Management Group, Inc., Class A

     3,873        63,323  

StepStone Group, Inc., Class A

     11,434        280,247  

StoneX Group, Inc.*

     12,432        1,031,110  

Victory Capital Holdings, Inc., Class A

     70,798        1,650,301  

Virtus Investment Partners, Inc.

     5,971        952,494  

Westwood Holdings Group, Inc.

     3,695        35,583  
     

 

 

 
Total Capital Markets

 

     17,194,253  
Chemicals – 2.0%

 

Advanced Emissions Solutions, Inc.*

     37,893        103,448  

AdvanSix, Inc.

     27,690        888,849  

American Vanguard Corp.

     19,363        362,088  

Ecovyst, Inc.*

     111,437        940,528  

Hawkins, Inc.

     18,858        735,273  

Ingevity Corp.*

     24,398      1,479,251  

Innospec, Inc.

     12,104        1,036,950  

Intrepid Potash, Inc.*

     5,737        227,013  

Koppers Holdings, Inc.

     29,238        607,566  

Kronos Worldwide, Inc.

     60,481        564,893  

Mativ Holdings, Inc.

     45,989        1,015,437  

Minerals Technologies, Inc.

     22,036        1,088,799  

Stepan Co.

     10,366        970,983  

Tredegar Corp.

     23,599        222,775  

Valhi, Inc.

     27,997        704,404  
     

 

 

 
Total Chemicals

 

     10,948,257  
Commercial Services & Supplies – 2.3%

 

ACCO Brands Corp.

     114,813        562,584  

ARC Document Solutions, Inc.

     57,682        130,361  

Brady Corp., Class A

     22,707        947,563  

BrightView Holdings, Inc.*

     77,922        618,701  

CECO Environmental Corp.*

     31,323        277,209  

CoreCivic, Inc.*

     116,002        1,025,458  

Deluxe Corp.

     48,071        800,382  

Ennis, Inc.

     19,155        385,590  

GEO Group, Inc.*(a)

     182,660        1,406,482  

Harsco Corp.*

     37,434        140,003  

Healthcare Services Group, Inc.

     36,370        439,713  

Heritage-Crystal Clean, Inc.*

     15,096        446,389  

HNI Corp.

     19,570        518,801  

Interface, Inc.

     47,359        425,757  

KAR Auction Services, Inc.*

     49,146        548,961  

Kimball International, Inc., Class B

     8,835        55,572  

Matthews International Corp., Class A

     24,672        552,900  

MillerKnoll, Inc.

     33,773        526,859  

Performant Financial Corp.*

     43,990        81,381  

Pitney Bowes, Inc.

     97,055        226,138  

Quad/Graphics, Inc.*

     62,351        159,619  

SP Plus Corp.*

     13,635        427,048  

Steelcase, Inc., Class A

     17,131        111,694  

UniFirst Corp.

     6,124        1,030,240  

VSE Corp.

     9,452        334,601  
     

 

 

 
Total Commercial Services & Supplies

 

     12,180,006  
Communications Equipment – 1.1%

 

ADTRAN Holdings, Inc.

     11,355        222,331  

Aviat Networks, Inc.*

     11,287        309,038  

CalAmp Corp.*

     26,974        103,580  

Casa Systems, Inc.*

     74,196        232,233  

Clearfield, Inc.*

     6,395        669,173  

Digi International, Inc.*

     14,769        510,564  

DZS, Inc.*(a)

     12,532        141,612  

EMCORE Corp.*

     36,924        61,663  

Extreme Networks, Inc.*

     60,950        796,616  

Genasys, Inc.*

     34,182        94,684  

Harmonic, Inc.*

     32,051        418,907  

Infinera Corp.*(a)

     43,025        208,241  

Lantronix, Inc.*

     22,983        110,548  

NETGEAR, Inc.*

     30,816        617,553  

 

See Notes to Financial Statements.

 

80   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2022

 

 

 

Investments    Shares      Value  

NetScout Systems, Inc.*

     36,427      $ 1,140,894  

PCTEL, Inc.*

     19,971        94,263  

Ribbon Communications, Inc.*(a)

     130,116        288,858  
     

 

 

 
Total Communications Equipment

 

     6,020,758  
Construction & Engineering – 1.1%

 

Arcosa, Inc.

     14,735        842,547  

Argan, Inc.

     10,244        329,549  

Construction Partners, Inc., Class A*

     16,164        423,982  

Dycom Industries, Inc.*

     7,595        725,550  

Granite Construction, Inc.

     6,938        176,156  

Great Lakes Dredge & Dock Corp.*(a)

     28,767        218,054  

IES Holdings, Inc.*

     10,808        298,517  

MYR Group, Inc.*

     8,180        693,091  

Northwest Pipe Co.*

     10,203        286,704  

NV5 Global, Inc.*

     4,757        589,012  

Primoris Services Corp.

     43,742        710,808  

Sterling Infrastructure Inc.*

     24,655        529,343  

Tutor Perini Corp.*(a)

     65,656        362,421  
     

 

 

 
Total Construction & Engineering

 

     6,185,734  
Construction Materials – 0.1%

 

Smith-Midland Corp.*

     3,251        86,964  

United States Lime & Minerals, Inc.

     2,870        293,314  
     

 

 

 
Total Construction Materials

 

     380,278  
Consumer Finance – 2.0%

 

Atlanticus Holdings Corp.*

     16,774        439,982  

Curo Group Holdings Corp.

     24,157        96,870  

Encore Capital Group, Inc.*

     42,568        1,935,993  

Enova International, Inc.*

     60,663        1,775,606  

EZCORP, Inc., Class A*

     12,932        99,706  

FirstCash Holdings, Inc.

     13,372        980,836  

Green Dot Corp., Class A*

     23,127        438,950  

Nelnet, Inc., Class A

     35,863        2,839,991  

Oportun Financial Corp.*

     21,663        94,667  

PRA Group, Inc.*

     28,606        939,993  

PROG Holdings, Inc.*

     46,770        700,615  

Regional Management Corp.

     7,814        219,104  

World Acceptance Corp.*(a)

     3,035        293,849  
     

 

 

 
Total Consumer Finance

 

     10,856,162  
Containers & Packaging – 0.7%

 

Myers Industries, Inc.

     18,944        312,007  

O-I Glass, Inc.*

     206,864        2,678,889  

TriMas Corp.

     20,426        512,080  
     

 

 

 
Total Containers & Packaging

 

     3,502,976  
Distributors – 0.1%

 

Funko, Inc., Class A*(a)

     28,835        583,044  
Diversified Consumer Services – 1.9%

 

2U, Inc.*

     17,947        112,169  

Adtalem Global Education, Inc.*

     38,847        1,415,973  

American Public Education, Inc.*

     8,005        73,166  

Carriage Services, Inc.

     11,772        378,588  

Frontdoor, Inc.*

     35,639        726,679  

Graham Holdings Co., Class B

     3,685      1,982,456  

Grand Canyon Education, Inc.*

     29,294        2,409,431  

Lincoln Educational Services Corp.*

     31,349        170,539  

Perdoceo Education Corp.*

     87,615        902,434  

Strategic Education, Inc.

     19,856        1,219,357  

Stride, Inc.*(a)

     17,419        732,121  

Universal Technical Institute, Inc.*

     13,218        71,906  

WW International, Inc.*

     49,285        193,690  
     

 

 

 
Total Diversified Consumer Services

 

     10,388,509  
Diversified Financial Services – 0.2%

 

A-Mark Precious Metals, Inc.

     35,070        995,637  

Alerus Financial Corp.

     10,814        238,990  
     

 

 

 
Total Diversified Financial Services

 

     1,234,627  
Diversified Telecommunication Services – 0.3%

 

Bandwidth, Inc., Class A*(a)

     7,412        88,203  

Consolidated Communications Holdings, Inc.*

     60,539        251,842  

EchoStar Corp., Class A*

     47,060        775,078  

IDT Corp., Class B*

     17,035        422,979  

Ooma, Inc.*

     9,557        117,551  
     

 

 

 
Total Diversified Telecommunication Services

 

     1,655,653  
Electric Utilities – 0.5%

 

MGE Energy, Inc.

     12,369        811,778  

Otter Tail Corp.

     22,822        1,404,009  

Via Renewables, Inc.(a)

     32,878        227,187  
     

 

 

 
Total Electric Utilities

 

     2,442,974  
Electrical Equipment – 1.0%

 

Allied Motion Technologies, Inc.

     8,611        246,447  

AZZ, Inc.

     14,744        538,303  

Encore Wire Corp.

     25,726        2,972,382  

LSI Industries, Inc.

     24,258        186,544  

Orion Energy Systems, Inc.*

     60,128        93,800  

Powell Industries, Inc.

     3,830        80,736  

Preformed Line Products Co.

     5,725        407,334  

Shoals Technologies Group, Inc., Class A*

     22,345        481,535  

Thermon Group Holdings, Inc.*

     15,123        233,045  
     

 

 

 
Total Electrical Equipment

 

     5,240,126  
Electronic Equipment, Instruments & Components – 3.1%

 

Bel Fuse, Inc., Class B

     22,902        578,276  

Belden, Inc.

     27,746        1,665,315  

Benchmark Electronics, Inc.

     19,042        471,861  

CTS Corp.

     16,962        706,467  

Daktronics, Inc.*

     26,403        71,552  

ePlus, Inc.*

     18,302        760,265  

FARO Technologies, Inc.*

     3,301        90,579  

Identiv, Inc.*

     2,192        27,488  

Itron, Inc.*

     10,720        451,419  

Kimball Electronics, Inc.*(a)

     23,853        409,079  

Knowles Corp.*(a)

     54,741        666,198  

Luna Innovations, Inc.*

     18,601        82,588  

Methode Electronics, Inc.

     26,140        971,101  

Napco Security Technologies, Inc.*

     14,822        431,024  

nLight, Inc.*

     19,134        180,816  

 

See Notes to Financial Statements.

 

WisdomTree Trust      81  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2022

 

 

 

Investments    Shares      Value  

OSI Systems, Inc.*

     9,577      $ 690,119  

PC Connection, Inc.

     13,124        591,761  

Plexus Corp.*

     13,185        1,154,479  

Powerfleet, Inc.*(a)

     28,812        88,741  

Richardson Electronics Ltd.

     9,649        145,700  

Sanmina Corp.*

     56,661        2,610,939  

ScanSource, Inc.*

     22,805        602,280  

TTM Technologies, Inc.*

     84,169        1,109,347  

Vishay Intertechnology, Inc.

     109,629        1,950,300  

Vishay Precision Group, Inc.*

     9,741        288,236  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     16,795,930  
Energy Equipment & Services – 0.2%

 

Archrock, Inc.

     45,027        289,073  

Cactus, Inc., Class A

     14,962        574,990  

DMC Global, Inc.*

     6,626        105,883  

Oceaneering International, Inc.*

     24,260        193,110  
     

 

 

 
Total Energy Equipment & Services

 

     1,163,056  
Entertainment – 0.4%

 

Gaia, Inc.*

     23,712        57,620  

Sciplay Corp., Class A*

     22,549        265,177  

World Wrestling Entertainment, Inc., Class A

     22,495        1,578,474  
     

 

 

 
Total Entertainment

 

     1,901,271  
Equity Real Estate Investment Trusts (REITs) – 2.3%

 

Acadia Realty Trust

     35,141        443,479  

Alexander & Baldwin, Inc.

     17,789        294,942  

Alexander’s, Inc.

     1,434        299,649  

Alpine Income Property Trust, Inc.

     8,488        137,675  

American Assets Trust, Inc.

     17,750        456,530  

Armada Hoffler Properties, Inc.

     35,453        368,002  

Brandywine Realty Trust

     43,591        294,239  

CareTrust REIT, Inc.

     30,578        553,768  

Community Healthcare Trust, Inc.

     1,877        61,472  

Corporate Office Properties Trust

     43,645        1,013,873  

CTO Realty Growth, Inc.(a)

     34,998        655,863  

Easterly Government Properties, Inc.

     15,358        242,196  

Four Corners Property Trust, Inc.

     25,003        604,823  

Getty Realty Corp.

     19,258        517,848  

Industrial Logistics Properties Trust

     33,701        185,355  

LTC Properties, Inc.

     17,414        652,154  

National Health Investors, Inc.

     23,249        1,314,266  

NETSTREIT Corp.

     8,202        146,078  

NexPoint Residential Trust, Inc.

     5,788        267,463  

Office Properties Income Trust

     11,373        159,791  

One Liberty Properties, Inc.

     16,389        344,497  

Piedmont Office Realty Trust, Inc., Class A

     36,726        387,827  

Postal Realty Trust, Inc., Class A(a)

     8,444        123,873  

Retail Opportunity Investments Corp.

     36,513        502,419  

RPT Realty

     67,674        511,615  

Saul Centers, Inc.

     11,270        422,625  

Universal Health Realty Income Trust

     1,568        67,753  

Urban Edge Properties

     45,627        608,664  

Urstadt Biddle Properties, Inc., Class A

     17,763        275,504  

Whitestone REIT

     36,225      306,463  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     12,220,706  
Food & Staples Retailing – 1.5%

 

Andersons, Inc.

     22,086        685,328  

Grocery Outlet Holding Corp.*

     28,783        958,186  

HF Foods Group, Inc.*(a)

     36,224        140,187  

Ingles Markets, Inc., Class A

     26,668        2,112,372  

Natural Grocers by Vitamin Cottage, Inc.

     21,366        230,539  

PriceSmart, Inc.

     11,662        671,615  

SpartanNash Co.

     32,583        945,559  

United Natural Foods, Inc.*

     38,691        1,329,810  

Village Super Market, Inc., Class A

     9,406        181,818  

Weis Markets, Inc.

     15,149        1,079,215  
     

 

 

 
Total Food & Staples Retailing

 

     8,334,629  
Food Products – 1.3%

 

Alico, Inc.

     8,201        231,596  

B&G Foods, Inc.

     32,522        536,288  

Cal-Maine Foods, Inc.

     6,842        380,347  

Hostess Brands, Inc.*

     60,926        1,415,920  

J & J Snack Foods Corp.

     3,783        489,785  

John B. Sanfilippo & Son, Inc.

     7,376        558,584  

Mission Produce, Inc.*(a)

     28,234        408,264  

Seneca Foods Corp., Class A*

     15,911        802,551  

Tootsie Roll Industries, Inc.

     15,298        509,117  

TreeHouse Foods, Inc.*

     26,525        1,125,191  

Utz Brands, Inc.(a)

     34,832        525,963  

Vital Farms, Inc.*

     14,946        178,904  
     

 

 

 
Total Food Products

 

     7,162,510  
Gas Utilities – 0.7%

 

Chesapeake Utilities Corp.

     7,488        864,040  

Northwest Natural Holding Co.

     16,815        729,435  

South Jersey Industries, Inc.

     59,293        1,981,572  
     

 

 

 
Total Gas Utilities

 

     3,575,047  
Health Care Equipment & Supplies – 2.0%

 

AngioDynamics, Inc.*

     5,669        115,988  

Artivion, Inc.*

     11,073        153,250  

AtriCure, Inc.*

     8,177        319,721  

Atrion Corp.

     506        285,890  

Avanos Medical, Inc.*

     16,832        366,601  

BioLife Solutions, Inc.*(a)

     8,794        200,063  

Bioventus, Inc., Class A*(a)

     45,397        317,779  

Co-Diagnostics, Inc.*(a)

     52,446        168,352  

Conformis, Inc.*

     250,067        47,813  

Cutera, Inc.*(a)

     5,370        244,872  

FONAR Corp.*

     14,847        210,085  

Glaukos Corp.*

     10,415        554,495  

Haemonetics Corp.*

     19,696        1,458,095  

Heska Corp.*

     2,050        149,486  

Inogen, Inc.*

     7,352        178,507  

Integer Holdings Corp.*

     12,540        780,364  

iRadimed Corp.

     7,141        214,658  

Lantheus Holdings, Inc.*

     14,644        1,029,913  

 

See Notes to Financial Statements.

 

82   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2022

 

 

 

Investments    Shares      Value  

LeMaitre Vascular, Inc.

     8,996      $ 455,917  

Meridian Bioscience, Inc.*

     35,019        1,104,149  

Mesa Laboratories, Inc.

     1,271        178,995  

NuVasive, Inc.*

     16,800        736,008  

Orthofix Medical, Inc.*

     10,371        198,190  

Semler Scientific, Inc.*

     2,692        101,085  

Surmodics, Inc.*

     4,115        125,096  

Tactile Systems Technology, Inc.*

     11,985        93,363  

UFP Technologies, Inc.*

     6,135        526,628  

Utah Medical Products, Inc.

     2,858        243,816  

Varex Imaging Corp.*

     16,431        347,351  

Zynex, Inc.(a)

     14,215        128,930  
     

 

 

 
Total Health Care Equipment & Supplies

 

     11,035,460  
Health Care Providers & Services – 2.1%

 

AdaptHealth Corp.*(a)

     41,412        777,717  

Addus HomeCare Corp.*

     5,996        571,059  

Agiliti, Inc.*(a)

     39,127        559,907  

Community Health Systems, Inc.*(a)

     197,871        425,423  

Covetrus, Inc.*

     61,056        1,274,849  

Cross Country Healthcare, Inc.*

     26,365        747,975  

Enzo Biochem, Inc.*

     61,064        136,173  

Fulgent Genetics, Inc.*

     55,867        2,129,650  

Hanger, Inc.*

     23,340        436,925  

Innovage Holding Corp.*(a)

     30,012        176,471  

Joint Corp.*

     5,114        80,341  

ModivCare, Inc.*

     5,974        595,488  

National Research Corp.

     7,799        310,400  

OPKO Health, Inc.*(a)

     176,356        333,313  

Pediatrix Medical Group, Inc.*

     37,674        621,998  

Pennant Group, Inc.*

     12,720        132,415  

PetIQ, Inc.*

     17,351        119,722  

RadNet, Inc.*

     12,902        262,556  

Signify Health, Inc., Class A*

     32,696        953,088  

Sonida Senior Living, Inc.*(a)

     11,101        180,280  

U.S. Physical Therapy, Inc.(a)

     4,726        359,271  
     

 

 

 
Total Health Care Providers & Services

 

     11,185,021  
Health Care Technology – 0.5%

 

Allscripts Healthcare Solutions, Inc.*

     67,918        1,034,391  

Computer Programs and Systems, Inc.*

     11,444        319,059  

HealthStream, Inc.*

     11,164        237,347  

NextGen Healthcare, Inc.*

     40,274        712,850  

OptimizeRx Corp.*

     4,591        68,039  

Phreesia, Inc.*

     12,053        307,110  

Simulations Plus, Inc.

     3,493        169,550  

UpHealth, Inc.*(a)

     111,938        59,551  
     

 

 

 
Total Health Care Technology

 

     2,907,897  
Hotels, Restaurants & Leisure – 2.0%

 

Accel Entertainment, Inc.*

     37,585        293,539  

Bally’s Corp.*(a)

     19,631        387,909  

Biglari Holdings, Inc., Class B*

     5,075        586,670  

Bloomin’ Brands, Inc.

     95,558        1,751,578  

Bluegreen Vacations Holding Corp.

     15,453        255,284  

Brinker International, Inc.*

     34,392      859,112  

Century Casinos, Inc.*(a)

     18,636        122,252  

Cheesecake Factory, Inc.(a)

     14,397        421,544  

Chuy’s Holdings, Inc.*

     12,045        279,203  

Cracker Barrel Old Country Store, Inc.

     9,599        888,675  

Denny’s Corp.*

     16,813        158,210  

Dine Brands Global, Inc.

     10,510        668,016  

El Pollo Loco Holdings, Inc.*

     15,216        135,727  

Everi Holdings, Inc.*

     24,805        402,337  

Fiesta Restaurant Group, Inc.*

     17,121        108,547  

Full House Resorts, Inc.*

     15,842        89,032  

Golden Entertainment, Inc.*

     22,301        778,082  

Jack in the Box, Inc.

     17,142        1,269,708  

Monarch Casino & Resort, Inc.*

     8,147        457,373  

Nathan’s Famous, Inc.

     1,965        125,112  

Noodles & Co.*

     13,213        62,101  

ONE Group Hospitality, Inc.*

     7,075        46,978  

RCI Hospitality Holdings, Inc.

     4,875        318,532  

Ruth’s Hospitality Group, Inc.

     16,939        285,591  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     10,751,112  
Household Durables – 2.7%

 

Bassett Furniture Industries, Inc.

     17,236        270,260  

Beazer Homes USA, Inc.*

     50,621        489,505  

Cavco Industries, Inc.*

     3,398        699,172  

Century Communities, Inc.

     42,601        1,822,471  

Cricut, Inc., Class A*(a)

     75,042        694,889  

Dream Finders Homes, Inc., Class A*(a)

     45,413        481,378  

Ethan Allen Interiors, Inc.

     27,863        589,024  

Flexsteel Industries, Inc.

     11,364        178,415  

GoPro, Inc., Class A*(a)

     112,794        556,074  

Green Brick Partners, Inc.*

     44,754        956,840  

Hamilton Beach Brands Holding Co., Class A

     16,153        188,505  

Hooker Furnishings Corp.

     18,798        253,585  

Hovnanian Enterprises, Inc., Class A*

     9,801        349,896  

iRobot Corp.*

     10,554        594,507  

La-Z-Boy, Inc.

     32,438        732,126  

Landsea Homes Corp.*(a)

     36,582        174,496  

Legacy Housing Corp.*

     20,352        349,037  

Lifetime Brands, Inc.

     24,366        164,958  

Lovesac Co.*

     6,930        141,233  

M/I Homes, Inc.*

     46,147        1,671,906  

Tri Pointe Homes, Inc.*

     125,559        1,897,196  

Tupperware Brands Corp.*

     84,381        552,696  

Universal Electronics, Inc.*

     15,719        309,193  

Vizio Holding Corp., Class A*

     28,032        245,000  

VOXX International Corp.*

     30,254        230,233  
     

 

 

 
Total Household Durables

 

     14,592,595  
Household Products – 0.5%

 

Central Garden & Pet Co., Class A*

     31,381        1,071,975  

Energizer Holdings, Inc.

     50,921        1,280,154  

Oil-Dri Corp. of America

     5,071        122,718  
     

 

 

 
Total Household Products

 

     2,474,847  

 

See Notes to Financial Statements.

 

WisdomTree Trust      83  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2022

 

 

 

Investments    Shares      Value  
Insurance – 2.4%

 

Ambac Financial Group, Inc.*

     14,639      $ 186,647  

AMERISAFE, Inc.

     8,586        401,224  

BRP Group, Inc., Class A*(a)

     10,540        277,729  

Citizens, Inc.*

     25,669        85,734  

CNO Financial Group, Inc.

     104,599        1,879,644  

Crawford & Co., Class A

     30,428        174,657  

Donegal Group, Inc., Class A

     15,493        209,001  

Employers Holdings, Inc.

     12,019        414,535  

Genworth Financial, Inc., Class A*

     917,663        3,211,821  

Goosehead Insurance, Inc., Class A*(a)

     3,840        136,858  

HCI Group, Inc.(a)

     2,986        117,051  

Horace Mann Educators Corp.

     25,029        883,273  

Investors Title Co.

     1,906        268,746  

Mercury General Corp.

     33,648        956,276  

National Western Life Group, Inc., Class A

     5,878        1,003,962  

Palomar Holdings, Inc.*

     5,720        478,878  

ProAssurance Corp.

     10,354        202,007  

Safety Insurance Group, Inc.

     9,928        809,728  

Selectquote, Inc.*

     58,453        42,671  

Stewart Information Services Corp.

     26,954        1,176,273  

Trean Insurance Group, Inc.*

     25,271        85,921  

Universal Insurance Holdings, Inc.

     16,112        158,703  
     

 

 

 
Total Insurance

 

     13,161,339  
Interactive Media & Services – 0.3%

 

Cars.com, Inc.*

     55,489        638,123  

QuinStreet, Inc.*

     22,700        238,350  

Travelzoo*(a)

     16,876        74,761  

Yelp, Inc.*

     14,520        492,373  
     

 

 

 
Total Interactive Media & Services

 

     1,443,607  
Internet & Direct Marketing Retail – 0.2%

 

1-800-Flowers.com, Inc., Class A*(a)

     37,561        243,771  

Duluth Holdings, Inc., Class B*

     22,997        161,899  

Groupon, Inc.*(a)

     25,832        205,623  

Lands’ End, Inc.*

     21,079        162,730  

Liquidity Services, Inc.*

     14,432        234,664  

Remark Holdings, Inc.*(a)

     197,118        52,433  

Waitr Holdings, Inc.*(a)

     196,853        28,741  
     

 

 

 
Total Internet & Direct Marketing Retail

 

     1,089,861  
IT Services – 1.6%

 

Brightcove, Inc.*

     31,517        198,557  

Cass Information Systems, Inc.

     6,794        235,684  

Conduent, Inc.*

     254,047        848,517  

CSG Systems International, Inc.

     19,526        1,032,535  

Evo Payments, Inc., Class A*

     18,612        619,780  

Grid Dynamics Holdings, Inc.*

     13,160        246,487  

Hackett Group, Inc.

     24,176        428,399  

I3 Verticals, Inc., Class A*(a)

     16,583        332,157  

Information Services Group, Inc.

     23,433        111,541  

Innodata, Inc.*

     19,620        59,252  

International Money Express, Inc.*

     34,575        787,964  

MoneyGram International, Inc.*

     39,324        408,970  

Paya Holdings, Inc.*(a)

     71,098      434,409  

PFSweb, Inc.*

     13,176        122,800  

Repay Holdings Corp.*

     33,650        237,569  

Shift4 Payments, Inc., Class A*

     11,899        530,814  

SolarWinds Corp.*

     121,940        945,035  

Unisys Corp.*

     58,456        441,343  

Verra Mobility Corp.*

     55,860        858,568  
     

 

 

 
Total IT Services

 

     8,880,381  
Leisure Products – 1.3%

 

American Outdoor Brands, Inc.*

     15,284        134,041  

AMMO, Inc.*(a)

     54,715        160,315  

Clarus Corp.(a)

     9,777        131,696  

Escalade, Inc.

     15,622        155,439  

JAKKS Pacific, Inc.*

     18,661        360,717  

Johnson Outdoors, Inc., Class A

     7,863        403,450  

Malibu Boats, Inc., Class A*

     15,083        723,833  

Marine Products Corp.

     30,282        256,186  

MasterCraft Boat Holdings, Inc.*

     21,095        397,641  

Nautilus, Inc.*

     100,582        163,949  

Smith & Wesson Brands, Inc.

     123,018        1,275,697  

Sturm Ruger & Co., Inc.

     18,678        948,655  

Vista Outdoor, Inc.*(a)

     73,937        1,798,148  
     

 

 

 
Total Leisure Products

 

     6,909,767  
Life Sciences Tools & Services – 0.0%

 

Codexis, Inc.*

     17,554        106,377  

Harvard Bioscience, Inc.*

     28,751        73,603  
     

 

 

 
Total Life Sciences Tools & Services

 

     179,980  
Machinery – 2.9%

 

3D Systems Corp.*

     34,106        272,166  

Alamo Group, Inc.

     4,756        581,516  

Albany International Corp., Class A

     11,514        907,649  

Astec Industries, Inc.

     6,038        188,325  

Barnes Group, Inc.

     17,566        507,306  

Blue Bird Corp.*(a)

     12,772        106,646  

CIRCOR International, Inc.*

     15,299        252,280  

Columbus McKinnon Corp.

     11,720        306,595  

Commercial Vehicle Group, Inc.*

     37,688        169,596  

Douglas Dynamics, Inc.

     8,731        244,643  

Energy Recovery, Inc.*

     19,679        427,821  

Enerpac Tool Group Corp.

     18,368        327,501  

EnPro Industries, Inc.

     8,440        717,231  

ESCO Technologies, Inc.

     7,401        543,529  

Federal Signal Corp.

     25,592        955,093  

Gorman-Rupp Co.

     13,101        311,673  

Greenbrier Cos., Inc.

     14,837        360,094  

Hurco Cos., Inc.

     6,991        157,158  

Kadant, Inc.

     4,292        715,949  

Kennametal, Inc.

     28,846        593,651  

L.B. Foster Co., Class A*

     5,734        55,964  

Lindsay Corp.

     3,815        546,613  

Manitowoc Co., Inc.*

     16,531        128,115  

Mayville Engineering Co., Inc.*

     11,207        72,958  

 

See Notes to Financial Statements.

 

84   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2022

 

 

 

Investments    Shares      Value  

Miller Industries, Inc.

     8,319      $ 177,112  

Mueller Water Products, Inc., Class A

     59,122        607,183  

NN, Inc.*

     57,432        98,209  

Omega Flex, Inc.(a)

     2,093        193,854  

Park-Ohio Holdings Corp.

     11,326        128,097  

REV Group, Inc.

     39,512        435,817  

Shyft Group, Inc.

     14,504        296,317  

SPX Technologies, Inc.*

     15,206        839,675  

Standex International Corp.

     7,092        579,062  

Tennant Co.

     9,122        515,940  

Terex Corp.

     31,985        951,234  

Titan International, Inc.*

     41,953        509,309  

Trinity Industries, Inc.

     20,331        434,067  

Wabash National Corp.

     17,632        274,354  
     

 

 

 
Total Machinery

 

     15,490,302  
Media – 2.2%

 

Advantage Solutions, Inc.*(a)

     226,370        482,168  

AMC Networks, Inc., Class A*

     56,969        1,156,471  

Boston Omaha Corp., Class A*(a)

     26,725        615,744  

Daily Journal Corp.*(a)

     901        231,007  

Entravision Communications Corp., Class A

     69,307        275,149  

EW Scripps Co., Class A*

     90,687        1,022,043  

Fluent, Inc.*

     74,538        100,626  

Gray Television, Inc.

     92,785        1,328,681  

John Wiley & Sons, Inc., Class A

     27,286        1,024,862  

Lee Enterprises, Inc.*(a)

     9,938        174,909  

Magnite, Inc.*

     47,132        309,657  

PubMatic, Inc., Class A*(a)

     17,379        289,013  

Scholastic Corp.

     11,092        341,190  

Sinclair Broadcast Group, Inc., Class A

     46,851        847,535  

TechTarget, Inc.*

     6,415        379,768  

Thryv Holdings, Inc.*

     43,428        991,461  

Townsquare Media, Inc., Class A*

     21,252        154,290  

WideOpenWest, Inc.*

     158,205        1,941,175  
     

 

 

 
Total Media

 

     11,665,749  
Metals & Mining – 1.5%

 

Coeur Mining, Inc.*(a)

     93,967        321,367  

Materion Corp.

     8,565        685,200  

Olympic Steel, Inc.

     20,321        463,522  

Ramaco Resources, Inc.

     22,728        209,097  

Ryerson Holding Corp.

     58,159        1,497,013  

Schnitzer Steel Industries, Inc., Class A

     29,652        843,896  

SunCoke Energy, Inc.

     50,923        295,863  

TimkenSteel Corp.*

     80,791        1,211,057  

Warrior Met Coal, Inc.

     17,567        499,605  

Worthington Industries, Inc.

     58,506        2,231,419  
     

 

 

 
Total Metals & Mining

 

     8,258,039  
Multi-Utilities – 0.3%

 

Avista Corp.

     30,839        1,142,585  

Unitil Corp.

     8,331        386,975  
     

 

 

 
Total Multi-Utilities

 

     1,529,560  
Multiline Retail – 0.2%

 

Big Lots, Inc.

     49,334      770,104  

Franchise Group, Inc.

     20,284        492,901  
     

 

 

 
Total Multiline Retail

 

     1,263,005  
Oil, Gas & Consumable Fuels – 4.1%

 

Arch Resources, Inc.

     4,461        529,075  

Berry Corp.

     37,083        278,122  

Brigham Minerals, Inc., Class A

     26,200        646,354  

Chord Energy Corp.

     47,331        6,473,461  

CNX Resources Corp.*

     191,717        2,977,365  

Comstock Resources, Inc.*

     240,878        4,164,781  

Earthstone Energy, Inc., Class A*(a)

     42,761        526,815  

Kinetik Holdings, Inc.(a)

     13,907        453,090  

Laredo Petroleum, Inc.*

     15,933        1,001,389  

NACCO Industries, Inc., Class A

     9,973        469,030  

Ranger Oil Corp., Class A

     26,219        824,588  

REX American Resources Corp.*

     10,121        282,578  

SandRidge Energy, Inc.*

     63,674        1,038,523  

SilverBow Resources, Inc.*(a)

     30,520        820,378  

Sitio Royalties Corp.(a)

     15,174        335,497  

VAALCO Energy, Inc.

     92,509        403,339  

Vertex Energy, Inc.*(a)

     38,464        239,631  

W&T Offshore, Inc.*

     65,012        380,970  

World Fuel Services Corp.

     23,915        560,568  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     22,405,554  
Paper & Forest Products – 0.1%

 

Clearwater Paper Corp.*

     9,577        360,095  

Glatfelter Corp.

     25,839        80,359  
     

 

 

 
Total Paper & Forest Products

 

     440,454  
Personal Products – 1.1%

 

BellRing Brands, Inc.*

     16,427        338,561  

Edgewell Personal Care Co.

     32,915        1,231,021  

elf Beauty, Inc.*

     14,663        551,622  

Inter Parfums, Inc.

     9,887        746,073  

Medifast, Inc.

     6,498        704,123  

Nature’s Sunshine Products, Inc.*(a)

     15,982        131,692  

Nu Skin Enterprises, Inc., Class A

     41,228        1,375,778  

USANA Health Sciences, Inc.*

     12,117        679,158  

Veru, Inc.*(a)

     23,269        268,059  
     

 

 

 
Total Personal Products

 

     6,026,087  
Pharmaceuticals – 2.0%

 

Amneal Pharmaceuticals, Inc.*

     248,234        501,433  

Amphastar Pharmaceuticals, Inc.*

     25,658        720,990  

ANI Pharmaceuticals, Inc.*

     10,882        349,748  

Atea Pharmaceuticals, Inc.*(a)

     51,818        294,844  

Cara Therapeutics, Inc.*

     25,266        236,490  

Collegium Pharmaceutical, Inc.*

     61,544        985,935  

Corcept Therapeutics, Inc.*

     42,831        1,098,187  

Harmony Biosciences Holdings, Inc.*

     11,097        491,486  

Innoviva, Inc.*

     131,302        1,524,416  

NGM Biopharmaceuticals, Inc.*(a)

     15,966        208,835  

Opiant Pharmaceuticals, Inc.*

     3,671        39,463  

 

See Notes to Financial Statements.

 

WisdomTree Trust      85  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2022

 

 

 

Investments    Shares      Value  

Pacira BioSciences, Inc.*

     20,545      $ 1,092,789  

Phibro Animal Health Corp., Class A

     21,170        281,349  

Prestige Consumer Healthcare, Inc.*

     29,200        1,455,036  

SIGA Technologies, Inc.

     33,705        347,162  

Supernus Pharmaceuticals, Inc.*

     27,184        920,178  
     

 

 

 
Total Pharmaceuticals

 

     10,548,341  
Professional Services – 1.4%

 

Atlas Technical Consultants, Inc.*(a)

     36,723        244,208  

Barrett Business Services, Inc.

     5,312        414,336  

BGSF, Inc.

     10,450        116,099  

CBIZ, Inc.*

     23,993        1,026,421  

CRA International, Inc.

     6,547        580,981  

First Advantage Corp.*

     30,419        390,276  

Forrester Research, Inc.*

     7,365        265,214  

Franklin Covey Co.*

     3,738        169,668  

Heidrick & Struggles International, Inc.

     17,205        447,158  

Huron Consulting Group, Inc.*

     7,934        525,627  

ICF International, Inc.

     10,327        1,125,850  

Kelly Services, Inc., Class A

     29,867        405,892  

Kforce, Inc.

     11,432        670,487  

Mistras Group, Inc.*

     21,000        93,660  

Resources Connection, Inc.

     29,664        536,028  

TrueBlue, Inc.*

     19,392        369,999  

Willdan Group, Inc.*(a)

     6,785        100,486  
     

 

 

 
Total Professional Services

 

     7,482,390  
Real Estate Management & Development – 0.8%

 

Anywhere Real Estate Inc.*

     156,869        1,272,208  

Douglas Elliman, Inc.

     59,138        242,466  

Forestar Group, Inc.*(a)

     45,531        509,492  

FRP Holdings, Inc.*

     6,195        336,760  

Marcus & Millichap, Inc.

     19,131        627,114  

RE/MAX Holdings, Inc., Class A

     15,587        294,750  

RMR Group, Inc., Class A

     16,763        397,115  

St. Joe Co.

     12,393        396,948  

Tejon Ranch Co.*

     15,582        224,381  
     

 

 

 
Total Real Estate Management & Development

 

     4,301,234  
Road & Rail – 1.4%

 

ArcBest Corp.

     15,061        1,095,387  

Covenant Logistics Group, Inc.

     21,166        607,464  

Daseke, Inc.*

     50,180        271,474  

Heartland Express, Inc.

     41,146        588,799  

Marten Transport Ltd.

     45,116        864,423  

PAM Transportation Services, Inc.*

     15,773        488,332  

Schneider National, Inc., Class B

     110,337        2,239,841  

U.S. Xpress Enterprises, Inc., Class A*(a)

     46,612        114,666  

Universal Logistics Holdings, Inc.

     38,341        1,216,176  
     

 

 

 
Total Road & Rail

 

     7,486,562  
Semiconductors & Semiconductor Equipment – 1.0%

 

ACM Research, Inc., Class A*(a)

     15,776        196,569  

Amtech Systems, Inc.*

     14,518        123,403  

Axcelis Technologies, Inc.*

     12,626        764,631  

AXT, Inc.*

     31,564        211,479  

Ceva, Inc.*

     5,770      151,347  

Cohu, Inc.*

     38,184        984,383  

CyberOptics Corp.*

     6,151        330,801  

Impinj, Inc.*(a)

     4,324        346,050  

NVE Corp.

     3,399        158,563  

Photronics, Inc.*

     40,036        585,326  

Rambus, Inc.*

     19,081        485,039  

Ultra Clean Holdings, Inc.*

     23,959        616,944  

Veeco Instruments, Inc.*

     21,072        386,039  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     5,340,574  
Software – 2.3%

 

8x8, Inc.*

     26,024        89,783  

A10 Networks, Inc.

     34,229        454,219  

Agilysys, Inc.*

     5,594        309,628  

Alkami Technology, Inc.*(a)

     22,840        343,742  

American Software, Inc., Class A

     11,507        176,287  

Appfolio, Inc., Class A*

     3,880        406,314  

Appian Corp.*(a)

     9,031        368,736  

Asure Software, Inc.*

     18,259        104,441  

Avaya Holdings Corp.*(a)

     163,811        260,459  

Cerence, Inc.*

     13,712        215,964  

ChannelAdvisor Corp.*

     18,042        408,832  

CommVault Systems, Inc.*

     14,336        760,381  

CoreCard Corp.*

     4,067        88,539  

Ebix, Inc.(a)

     27,535        522,339  

eGain Corp.*

     14,604        107,339  

Greenidge Generation Holdings, Inc.*(a)

     12,729        25,458  

Intapp, Inc.*(a)

     13,163        245,753  

InterDigital, Inc.

     7,246        292,883  

KnowBe4, Inc., Class A*

     10,489        218,276  

LivePerson, Inc.*

     19,216        181,015  

Mitek Systems, Inc.*

     16,000        146,560  

Model N, Inc.*(a)

     10,474        358,525  

Olo, Inc., Class A*(a)

     13,624        107,630  

ON24, Inc.*

     21,629        190,335  

Ping Identity Holding Corp.*

     18,040        506,383  

Progress Software Corp.

     29,115        1,238,843  

Rimini Street, Inc.*(a)

     70,065        326,503  

SecureWorks Corp., Class A*

     12,925        104,046  

SEMrush Holdings, Inc., Class A*(a)

     8,758        98,177  

Smith Micro Software, Inc.*(a)

     22,214        50,204  

Sumo Logic, Inc.*

     27,741        208,058  

Upland Software, Inc.*

     32,666        265,575  

Vertex, Inc., Class A*(a)

     29,464        402,773  

Viant Technology, Inc., Class A*

     32,772        137,970  

Xperi Holding Corp.

     172,202        2,434,936  

Zuora, Inc., Class A*

     22,698        167,511  
     

 

 

 
Total Software

 

     12,324,417  
Specialty Retail – 4.3%

 

Aaron’s Co., Inc.

     48,459        471,021  

Abercrombie & Fitch Co., Class A*

     66,731        1,037,667  

America’s Car-Mart, Inc.*

     8,496        518,426  

Arko Corp.

     29,513        277,127  

 

See Notes to Financial Statements.

 

86   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2022

 

 

 

Investments    Shares      Value  

Big 5 Sporting Goods Corp.(a)

     45,268      $ 486,178  

Buckle, Inc.

     39,810        1,260,385  

Build-A-Bear Workshop, Inc.

     12,690        169,158  

Caleres, Inc.

     45,692        1,106,660  

Camping World Holdings, Inc., Class A

     67,302        1,704,087  

Cato Corp., Class A

     22,229        212,065  

Children’s Place, Inc.*

     16,626        513,577  

Citi Trends, Inc.*(a)

     9,114        141,358  

Conn’s, Inc.*(a)

     46,539        329,496  

Container Store Group, Inc.*

     74,540        365,246  

Destination XL Group, Inc.*

     47,179        255,710  

Genesco, Inc.*

     10,475        411,877  

Guess?, Inc.

     64,608        947,799  

Haverty Furniture Cos., Inc.

     25,900        644,910  

Hibbett, Inc.

     20,041        998,242  

JOANN, Inc.

     77,308        511,779  

Kirkland’s, Inc.*(a)

     33,635        101,241  

Lazydays Holdings, Inc.*(a)

     24,440        329,940  

LL Flooring Holdings, Inc.*(a)

     34,387        238,302  

MarineMax, Inc.*

     23,087        687,762  

Monro, Inc.

     10,213        443,857  

ODP Corp.*

     46,178        1,623,157  

OneWater Marine, Inc., Class A*

     12,437        374,478  

Party City Holdco, Inc.*(a)

     125,012        197,519  

Rent-A-Center, Inc.

     59,900        1,048,849  

Sally Beauty Holdings, Inc.*

     109,733        1,382,636  

Shoe Carnival, Inc.

     30,026        643,757  

Sleep Number Corp.*

     20,041        677,586  

Sonic Automotive, Inc., Class A

     49,649        2,149,802  

Tile Shop Holdings, Inc.(a)

     21,337        75,106  

Tilly’s, Inc., Class A(a)

     32,739        226,554  

Winmark Corp.

     1,861        402,609  

Zumiez, Inc.*(a)

     22,707        488,882  
     

 

 

 
Total Specialty Retail

 

     23,454,805  
Technology Hardware, Storage & Peripherals – 0.7%

 

Avid Technology, Inc.*(a)

     16,492        383,604  

Corsair Gaming, Inc.*(a)

     64,738        734,776  

Diebold Nixdorf, Inc.*

     99,762        243,419  

Eastman Kodak Co.*(a)

     80,443        369,233  

Immersion Corp.*(a)

     59,247        325,266  

Quantum Corp.*(a)

     29,510        31,871  

Super Micro Computer, Inc.*

     29,401        1,619,113  

Turtle Beach Corp.*(a)

     18,331        125,018  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     3,832,300  
Textiles, Apparel & Luxury Goods – 1.0%

 

Fossil Group, Inc.*

     38,601        132,015  

G-III Apparel Group Ltd.*

     36,000        538,200  

Lakeland Industries, Inc.*

     9,324        107,506  

Levi Strauss & Co., Class A

     158,887        2,299,095  

Movado Group, Inc.

     16,290        459,052  

Oxford Industries, Inc.

     6,509        584,378  

Rocky Brands, Inc.

     9,347        187,501  

Superior Group of Cos., Inc.

     18,585        165,035  

Unifi, Inc.*

     14,742      140,196  

Vera Bradley, Inc.*

     33,016        99,378  

Wolverine World Wide, Inc.

     40,068        616,647  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     5,329,003  
Thrifts & Mortgage Finance – 4.2%

 

Bridgewater Bancshares, Inc.*

     11,246        185,222  

Capitol Federal Financial, Inc.

     38,550        319,965  

Columbia Financial, Inc.*

     36,174        764,357  

Federal Agricultural Mortgage Corp., Class C

     7,609        754,356  

Finance of America Cos., Inc., Class A*(a)

     103,190        152,721  

Flagstar Bancorp, Inc.

     99,778        3,332,585  

FS Bancorp, Inc.

     7,877        214,727  

Hingham Institution for Savings

     1,810        454,509  

Home Bancorp, Inc.

     5,216        203,372  

Kearny Financial Corp.

     28,997        307,948  

Luther Burbank Corp.

     29,589        343,824  

Merchants Bancorp

     57,492        1,326,340  

Mr. Cooper Group, Inc.*

     134,535        5,448,668  

NMI Holdings, Inc., Class A*

     78,598        1,601,041  

Northfield Bancorp, Inc.

     18,954        271,232  

Ocwen Financial Corp.*

     4,965        115,536  

Provident Bancorp, Inc.

     9,186        131,452  

Provident Financial Services, Inc.

     48,834        952,263  

Rocket Cos., Inc., Class A

     250,277        1,581,751  

Southern Missouri Bancorp, Inc.

     7,134        364,048  

Territorial Bancorp, Inc.

     171        3,170  

TrustCo Bank Corp.

     6,001        188,551  

UWM Holdings Corp.(a)

     190,851        559,193  

Waterstone Financial, Inc.

     37,184        600,893  

Western New England Bancorp, Inc.

     11,455        93,129  

WSFS Financial Corp.

     48,121        2,235,702  
     

 

 

 
Total Thrifts & Mortgage Finance

 

     22,506,555  
Tobacco – 0.4%

 

Turning Point Brands, Inc.

     14,453        306,837  

Universal Corp.

     19,866        914,631  

Vector Group Ltd.

     118,319        1,042,390  
     

 

 

 
Total Tobacco

 

     2,263,858  
Trading Companies & Distributors – 2.4%

 

BlueLinx Holdings, Inc.*

     16,581        1,029,680  

Boise Cascade Co.

     71,159        4,231,114  

Distribution Solutions Group, Inc.*

     3,388        95,440  

DXP Enterprises, Inc.*

     7,436        176,084  

Global Industrial Co.

     15,459        414,765  

GMS, Inc.*

     27,555        1,102,476  

H&E Equipment Services, Inc.

     11,648        330,104  

Hudson Technologies, Inc.*

     63,809        468,996  

Karat Packaging, Inc.*

     13,370        213,786  

McGrath RentCorp

     13,946        1,169,512  

MRC Global, Inc.*

     26,999        194,123  

Rush Enterprises, Inc., Class A

     31,909        1,399,529  

Titan Machinery, Inc.*

     16,791        474,514  

Transcat, Inc.*(a)

     4,965        375,801  

 

See Notes to Financial Statements.

 

WisdomTree Trust      87  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2022

 

 

 

Investments    Shares      Value  

Veritiv Corp.*

     12,182      $ 1,191,034  

Willis Lease Finance Corp.*

     4,860        159,116  
     

 

 

 
Total Trading Companies & Distributors

 

     13,026,074  
Water Utilities – 0.3%

 

Artesian Resources Corp., Class A

     8,568        412,292  

Global Water Resources, Inc.

     10,423        122,262  

Middlesex Water Co.

     4,728        365,001  

Pure Cycle Corp.*

     21,705        181,237  

SJW Group

     7,173        413,165  

York Water Co.

     3,698        142,114  
     

 

 

 
Total Water Utilities

 

     1,636,071  
Wireless Telecommunication Services – 0.4%

 

Shenandoah Telecommunications Co.

     9,578        163,018  

Telephone and Data Systems, Inc.

     55,833        776,079  

United States Cellular Corp.*

     36,784        957,487  
     

 

 

 
Total Wireless Telecommunication Services

 

     1,896,584  

TOTAL COMMON STOCKS

(Cost: $634,348,410)

 

 

     537,837,980  
EXCHANGE-TRADED FUND – 0.4%      
United States – 0.4%      
WisdomTree U.S. MidCap Fund(a)(b)
(Cost: $2,298,365)
     47,593        2,093,140  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.8%

 

United States – 1.8%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

     
(Cost: $9,870,120)      9,870,120      9,870,120  

TOTAL INVESTMENTS IN SECURITIES – 101.8%

(Cost: $646,516,895)

 

 

     549,801,240  

Other Assets less Liabilities – (1.8)%

 

     (9,483,251
     

 

 

 
NET ASSETS – 100.0%

 

   $ 540,317,989  
*

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $29,726,710 and the total market value of the collateral held by the Fund was $31,107,836. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $21,237,716.

 

(b) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

INVESTMENT IN AFFILIATES                    

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate   Value at
3/31/2022
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2022
    Dividend
Income
 

WisdomTree U.S. MidCap Fund

  $     $ 3,818,933     $ 1,402,163     $ (118,405   $ (205,225   $ 2,093,140     $ 15,647  

 

FAIR VALUATION SUMMARY                    

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

   $ 537,837,980      $      $      $ 537,837,980  

Exchange-Traded Fund

     2,093,140                      2,093,140  

Investment of Cash Collateral for Securities Loaned

            9,870,120               9,870,120  

Total Investments in Securities

   $ 539,931,120      $ 9,870,120      $      $ 549,801,240  

 

See Notes to Financial Statements.

 

88   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%      
United States – 98.4%      
Aerospace & Defense – 0.6%      

Kaman Corp.

     14,716      $ 411,018  

Moog, Inc., Class A

     10,945        769,981  
     

 

 

 
Total Aerospace & Defense

 

     1,180,999  
Air Freight & Logistics – 0.3%

 

Forward Air Corp.

     5,905        532,985  
Auto Components – 1.7%

 

Dana, Inc.

     69,993        800,020  

LCI Industries

     15,690        1,591,907  

Patrick Industries, Inc.

     10,008        438,751  

Standard Motor Products, Inc.

     11,767        382,428  
     

 

 

 
Total Auto Components

 

     3,213,106  
Automobiles – 0.2%

 

Winnebago Industries, Inc.

     8,838        470,270  
Banks – 6.9%

 

Amalgamated Financial Corp.

     16,296        367,475  

Bank7 Corp.

     5,570        123,543  

BankFinancial Corp.

     13,090        123,831  

Blue Ridge Bankshares, Inc.

     11,733        149,126  

Capital Bancorp, Inc.

     1,791        41,372  

Cathay General Bancorp

     66,549        2,559,475  

City Holding Co.

     12,455        1,104,634  

Eagle Bancorp Montana, Inc.

     4,271        81,149  

Enterprise Financial Services Corp.

     17,437        767,925  

First Bancorp

     17,270        631,737  

First Bancorp, Inc.

     9,666        266,298  

First Foundation, Inc.

     17,025        308,834  

First Mid Bancshares, Inc.

     9,887        316,087  

Investar Holding Corp.

     5,632        112,077  

Lakeland Financial Corp.

     12,933        941,652  

Metrocity Bankshares, Inc.

     13,960        274,174  

Mid Penn Bancorp, Inc.(a)

     8,367        240,384  

MVB Financial Corp.

     4,843        134,781  

OceanFirst Financial Corp.

     51,610        962,010  

Old Second Bancorp, Inc.

     11,864        154,825  

Parke Bancorp, Inc.

     9,007        188,787  

Pathward Financial, Inc.

     3,342        110,152  

Plumas Bancorp

     2,529        71,748  

Preferred Bank

     9,696        632,470  

QCR Holdings, Inc.

     2,013        102,542  

RBB Bancorp

     12,423        258,150  

Shore Bancshares, Inc.

     13,250        229,490  

Stock Yards Bancorp, Inc.

     13,170        895,692  

Unity Bancorp, Inc.

     5,282        132,631  

Veritex Holdings, Inc.

     26,811        712,904  
     

 

 

 
Total Banks

 

     12,995,955  
Beverages – 0.2%

 

MGP Ingredients, Inc.

     3,407        361,687  
Building Products – 0.9%

 

Apogee Enterprises, Inc.

     12,573        480,540  

CSW Industrials, Inc.

     2,234      267,633  

Griffon Corp.

     20,992        619,684  

Quanex Building Products Corp.

     12,929        234,791  
     

 

 

 
Total Building Products

 

     1,602,648  
Capital Markets – 6.7%

 

Artisan Partners Asset Management, Inc., Class A

     111,711        3,008,377  

B. Riley Financial, Inc.

     40,585        1,806,844  

BGC Partners, Inc., Class A

     72,179        226,642  

Brightsphere Investment Group, Inc.

     3,529        52,617  

Diamond Hill Investment Group, Inc.

     1,675        276,375  

Federated Hermes, Inc.

     82,204        2,722,597  

Greenhill & Co., Inc.

     5,617        33,365  

Manning & Napier, Inc.

     13,108        160,835  

Moelis & Co., Class A

     65,775        2,223,853  

Oppenheimer Holdings, Inc., Class A

     3,952        122,433  

Pzena Investment Management, Inc., Class A

     6,376        60,444  

Silvercrest Asset Management Group, Inc., Class A

     11,922        194,925  

Value Line, Inc.

     5,227        229,465  

Victory Capital Holdings, Inc., Class A

     37,312        869,743  

Virtus Investment Partners, Inc.

     4,309        687,372  
     

 

 

 
Total Capital Markets

 

     12,675,887  
Chemicals – 5.2%

 

AdvanSix, Inc.

     8,469        271,855  

American Vanguard Corp.

     5,325        99,578  

Cabot Corp.

     41,705        2,664,532  

Chase Corp.

     2,464        205,917  

H.B. Fuller Co.

     12,623        758,642  

Hawkins, Inc.

     8,739        340,734  

Innospec, Inc.

     9,241        791,676  

Mativ Holdings, Inc.

     76,086        1,679,979  

Minerals Technologies, Inc.

     2,654        131,134  

NewMarket Corp.

     7,369        2,216,816  

Northern Technologies International Corp.

     2,919        38,852  

Stepan Co.

     6,834        640,141  
     

 

 

 
Total Chemicals

 

     9,839,856  
Commercial Services & Supplies – 4.5%

 

ABM Industries, Inc.

     30,550        1,167,927  

ACCO Brands Corp.

     92,228        451,917  

Acme United Corp.

     1,197        27,555  

Brady Corp., Class A

     22,594        942,848  

Brink’s Co.

     16,977        822,366  

Deluxe Corp.

     41,394        689,210  

Ennis, Inc.

     37,248        749,802  

Healthcare Services Group, Inc.

     102,671        1,241,292  

HNI Corp.

     35,773        948,342  

Interface, Inc.

     3,954        35,546  

Kimball International, Inc., Class B

     34,692        218,213  

MillerKnoll, Inc.

     40,351        629,476  

UniFirst Corp.

     2,483        417,715  

VSE Corp.

     2,201        77,915  
     

 

 

 
Total Commercial Services & Supplies

 

     8,420,124  

 

See Notes to Financial Statements.

 

WisdomTree Trust      89  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

September 30, 2022

 

 

 

Investments    Shares      Value  
Construction & Engineering – 0.7%

 

Arcosa, Inc.

     4,540      $ 259,597  

Argan, Inc.

     10,682        343,640  

Comfort Systems USA, Inc.

     5,399        525,485  

Primoris Services Corp.

     15,148        246,155  
     

 

 

 
Total Construction & Engineering

 

     1,374,877  
Construction Materials – 0.0%

 

United States Lime & Minerals, Inc.

     808        82,578  
Consumer Finance – 1.0%

 

Curo Group Holdings Corp.

     29,894        119,875  

FirstCash Holdings, Inc.

     20,977        1,538,663  

Regional Management Corp.

     5,274        147,883  
     

 

 

 
Total Consumer Finance

 

     1,806,421  
Containers & Packaging – 1.5%

 

Greif, Inc., Class A

     38,606        2,299,760  

Myers Industries, Inc.

     27,354        450,520  

TriMas Corp.

     5,282        132,420  
     

 

 

 
Total Containers & Packaging

 

     2,882,700  
Diversified Consumer Services – 1.4%

 

Carriage Services, Inc.

     4,151        133,496  

Graham Holdings Co., Class B

     1,114        599,310  

Strategic Education, Inc.

     29,733        1,825,903  
     

 

 

 
Total Diversified Consumer Services

 

     2,558,709  
Electric Utilities – 2.4%

 

ALLETE, Inc.

     58,632        2,934,532  

MGE Energy, Inc.

     20,176        1,324,151  

Via Renewables, Inc.(a)

     25,184        174,021  
     

 

 

 
Total Electric Utilities

 

     4,432,704  
Electrical Equipment – 0.7%

 

Allied Motion Technologies, Inc.

     1,573        45,019  

AZZ, Inc.

     8,808        321,580  

Encore Wire Corp.

     358        41,363  

EnerSys

     10,386        604,154  

LSI Industries, Inc.

     22,632        174,040  

Preformed Line Products Co.

     1,605        114,196  
     

 

 

 
Total Electrical Equipment

 

     1,300,352  
Electronic Equipment, Instruments & Components – 1.9%

 

Advanced Energy Industries, Inc.

     4,698        363,672  

Badger Meter, Inc.

     6,011        555,356  

Benchmark Electronics, Inc.

     25,190        624,208  

Methode Electronics, Inc.

     13,710        509,327  

PC Connection, Inc.

     5,804        261,703  

Vishay Intertechnology, Inc.

     70,597        1,255,921  

Wayside Technology Group, Inc.

     1,497        40,239  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     3,610,426  
Energy Equipment & Services – 0.6%

 

Cactus, Inc., Class A

     17,294        664,608  

Solaris Oilfield Infrastructure, Inc., Class A

     57,882        541,776  
     

 

 

 
Total Energy Equipment & Services

 

     1,206,384  
Entertainment – 0.4%

 

World Wrestling Entertainment, Inc., Class A

     12,038      844,706  
Equity Real Estate Investment Trusts (REITs) – 2.5%

 

Apple Hospitality REIT, Inc.

     15,801        222,162  

Creative Media & Community Trust Corp.

     29,905        191,093  

EPR Properties

     104,320        3,740,915  

NexPoint Residential Trust, Inc.

     13,365        617,597  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     4,771,767  
Food & Staples Retailing – 1.6%

 

Ingles Markets, Inc., Class A

     3,299        261,314  

Natural Grocers by Vitamin Cottage, Inc.

     18,908        204,017  

PriceSmart, Inc.

     8,015        461,584  

SpartanNash Co.

     32,774        951,101  

Weis Markets, Inc.

     15,127        1,077,648  
     

 

 

 
Total Food & Staples Retailing

 

     2,955,664  
Food Products – 0.7%

 

J & J Snack Foods Corp.

     9,478        1,227,116  

John B. Sanfilippo & Son, Inc.

     2,008        152,066  
     

 

 

 
Total Food Products

 

     1,379,182  
Gas Utilities – 4.3%

 

Chesapeake Utilities Corp.

     6,890        795,037  

ONE Gas, Inc.

     49,572        3,489,373  

RGC Resources, Inc.

     3,440        72,446  

Spire, Inc.

     61,430        3,828,932  
     

 

 

 
Total Gas Utilities

 

     8,185,788  
Health Care Equipment & Supplies – 0.5%

 

Atrion Corp.

     564        318,660  

CONMED Corp.

     4,639        371,908  

LeMaitre Vascular, Inc.

     5,229        265,006  
     

 

 

 
Total Health Care Equipment & Supplies

 

     955,574  
Health Care Providers & Services – 2.8%

 

National HealthCare Corp.

     14,263        903,419  

National Research Corp.

     7,760        308,848  

Patterson Cos., Inc.

     94,366        2,266,671  

Select Medical Holdings Corp.

     63,043        1,393,250  

U.S. Physical Therapy, Inc.(a)

     5,732        435,747  
     

 

 

 
Total Health Care Providers & Services

 

     5,307,935  
Health Care Technology – 0.1%

 

Simulations Plus, Inc.

     3,001        145,669  
Household Durables – 2.5%

 

Bassett Furniture Industries, Inc.

     9,200        144,256  

Century Communities, Inc.

     6,905        295,396  

Hamilton Beach Brands Holding Co., Class A

     7,241        84,502  

Hooker Furnishings Corp.

     9,747        131,487  

Installed Building Products, Inc.

     7,244        586,692  

KB Home

     32,835        851,083  

La-Z-Boy, Inc.

     22,909        517,056  

MDC Holdings, Inc.

     73,776        2,022,938  
     

 

 

 
Total Household Durables

 

     4,633,410  

 

See Notes to Financial Statements.

 

90   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

September 30, 2022

 

 

 

Investments    Shares      Value  
Household Products – 1.3%

 

Energizer Holdings, Inc.

     56,534      $ 1,421,265  

Oil-Dri Corp. of America

     5,220        126,324  

WD-40 Co.

     4,613        810,688  
     

 

 

 
Total Household Products

 

     2,358,277  
Insurance – 3.1%

 

American Equity Investment Life Holding Co.

     24,338        907,564  

AMERISAFE, Inc.

     11,479        536,414  

Crawford & Co., Class A

     22,915        131,532  

Donegal Group, Inc., Class A

     24,726        333,554  

Employers Holdings, Inc.

     19,101        658,793  

HCI Group, Inc.(a)

     3,622        141,982  

Investors Title Co.

     625        88,125  

Mercury General Corp.

     75,058        2,133,148  

Stewart Information Services Corp.

     13,234        577,532  

Universal Insurance Holdings, Inc.

     35,023        344,977  
     

 

 

 
Total Insurance

 

     5,853,621  
IT Services – 0.7%

 

CSG Systems International, Inc.

     16,846        890,817  

Hackett Group, Inc.

     15,582        276,113  

Information Services Group, Inc.

     17,099        81,391  
     

 

 

 
Total IT Services

 

     1,248,321  
Leisure Products – 1.1%

 

Clarus Corp.(a)

     3,605        48,559  

Escalade, Inc.

     12,440        123,778  

Johnson Outdoors, Inc., Class A

     2,767        141,975  

Marine Products Corp.

     37,345        315,939  

Smith & Wesson Brands, Inc.

     25,209        261,417  

Sturm Ruger & Co., Inc.

     23,627        1,200,015  
     

 

 

 
Total Leisure Products

 

     2,091,683  
Machinery – 8.0%

 

Alamo Group, Inc.

     1,235        151,003  

Albany International Corp., Class A

     8,515        671,237  

Allison Transmission Holdings, Inc.

     59,453        2,007,133  

Altra Industrial Motion Corp.

     10,400        349,648  

Astec Industries, Inc.

     4,540        141,603  

Barnes Group, Inc.

     18,837        544,013  

Columbus McKinnon Corp.

     4,713        123,292  

Douglas Dynamics, Inc.

     17,086        478,750  

Eastern Co.

     2,058        35,706  

EnPro Industries, Inc.

     5,705        484,811  

ESCO Technologies, Inc.

     2,659        195,277  

Federal Signal Corp.

     13,239        494,080  

Flowserve Corp.

     92,238        2,241,383  

Gorman-Rupp Co.

     10,821        257,432  

Graham Corp.

     11,026        96,919  

Helios Technologies, Inc.

     3,428        173,457  

Hillenbrand, Inc.

     34,981        1,284,502  

Kadant, Inc.

     1,372        228,863  

Kennametal, Inc.

     50,568        1,040,689  

Lindsay Corp.

     2,591        371,238  

Miller Industries, Inc.

     6,304        134,212  

Mueller Industries, Inc.

     14,256      847,377  

Mueller Water Products, Inc., Class A

     72,344        742,973  

Omega Flex, Inc.(a)

     2,930        271,377  

Shyft Group, Inc.

     2,507        51,218  

Standex International Corp.

     3,620        295,573  

Tennant Co.

     6,309        356,837  

Terex Corp.

     20,905        621,715  

Wabash National Corp.

     24,070        374,529  
     

 

 

 
Total Machinery

 

     15,066,847  
Marine – 0.5%

 

Matson, Inc.

     16,340        1,005,237  
Media – 1.0%

 

Entravision Communications Corp., Class A

     28,776        114,241  

Gray Television, Inc.

     36,845        527,620  

John Wiley & Sons, Inc., Class A

     32,316        1,213,789  
     

 

 

 
Total Media

 

     1,855,650  
Metals & Mining – 2.3%

 

Commercial Metals Co.

     59,482        2,110,421  

Gold Resource Corp.

     55,988        92,380  

Materion Corp.

     3,129        250,320  

Schnitzer Steel Industries, Inc., Class A

     11,580        329,567  

Warrior Met Coal, Inc.

     12,735        362,183  

Worthington Industries, Inc.

     30,710        1,171,280  
     

 

 

 
Total Metals & Mining

 

     4,316,151  
Multi-Utilities – 2.0%

 

Avista Corp.

     82,160        3,044,028  

Unitil Corp.

     15,165        704,414  
     

 

 

 
Total Multi-Utilities

 

     3,748,442  
Multiline Retail – 0.2%

 

Big Lots, Inc.

     24,216        378,012  
Oil, Gas & Consumable Fuels – 1.0%

 

Adams Resources & Energy, Inc.

     4,559        135,858  

Berry Corp.

     64,457        483,428  

NACCO Industries, Inc., Class A

     4,114        193,482  

VAALCO Energy, Inc.

     68,090        296,872  

World Fuel Services Corp.

     31,137        729,851  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     1,839,491  
Personal Products – 2.1%

 

Edgewell Personal Care Co.

     20,926        782,632  

Inter Parfums, Inc.

     9,393        708,796  

Medifast, Inc.

     8,963        971,231  

Nu Skin Enterprises, Inc., Class A

     45,980        1,534,352  
     

 

 

 
Total Personal Products

 

     3,997,011  
Pharmaceuticals – 0.1%

 

Phibro Animal Health Corp., Class A

     12,967        172,331  
Professional Services – 1.3%

 

Barrett Business Services, Inc.

     3,547        276,666  

BGSF, Inc.

     8,238        91,524  

CRA International, Inc.

     2,733        242,526  

Heidrick & Struggles International, Inc.

     7,707        200,305  

 

See Notes to Financial Statements.

 

WisdomTree Trust      91  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

September 30, 2022

 

 

 

Investments    Shares      Value  

HireQuest, Inc.

     3,492      $ 45,047  

ICF International, Inc.

     2,843        309,944  

Kelly Services, Inc., Class A

     12,422        168,815  

Kforce, Inc.

     8,391        492,132  

Resources Connection, Inc.

     30,026        542,570  
     

 

 

 
Total Professional Services

 

     2,369,529  
Real Estate Management & Development – 0.1%

 

Newmark Group, Inc., Class A

     14,689        118,393  
Road & Rail – 1.4%

 

ArcBest Corp.

     2,391        173,897  

Heartland Express, Inc.

     9,507        136,045  

Marten Transport Ltd.

     21,833        418,320  

Schneider National, Inc., Class B

     29,166        592,070  

Universal Logistics Holdings, Inc.

     17,602        558,336  

Werner Enterprises, Inc.

     19,188        721,469  
     

 

 

 
Total Road & Rail

 

     2,600,137  
Software – 1.0%

 

A10 Networks, Inc.

     29,036        385,308  

Ebix, Inc.

     7,804        148,042  

InterDigital, Inc.

     17,221        696,073  

Progress Software Corp.

     17,583        748,156  
     

 

 

 
Total Software

 

     1,977,579  
Specialty Retail – 3.8%

 

Big 5 Sporting Goods Corp.(a)

     29,589        317,786  

Buckle, Inc.

     37,937        1,201,085  

Camping World Holdings, Inc., Class A

     59,420        1,504,514  

Group 1 Automotive, Inc.

     3,519        502,760  

Guess?, Inc.

     66,376        973,736  

Haverty Furniture Cos., Inc.

     15,055        374,869  

Hibbett, Inc.

     5,328        265,388  

Monro, Inc.

     16,754        728,129  

Rent-A-Center, Inc.

     48,147        843,054  

Shoe Carnival, Inc.

     5,480        117,491  

Sonic Automotive, Inc., Class A

     7,749        335,532  
     

 

 

 
Total Specialty Retail

 

     7,164,344  
Technology Hardware, Storage & Peripherals – 1.7%

 

Xerox Holdings Corp.

     241,511        3,158,964  
Textiles, Apparel & Luxury Goods – 1.9%

 

Kontoor Brands, Inc.

     53,151        1,786,405  

Levi Strauss & Co., Class A

     33,693        487,538  

Rocky Brands, Inc.

     4,224        84,734  

Steven Madden Ltd.

     28,333        755,641  

Superior Group of Cos., Inc.

     9,238        82,033  

Wolverine World Wide, Inc.

     28,370        436,614  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     3,632,965  
Thrifts & Mortgage Finance – 2.6%

 

Federal Agricultural Mortgage Corp., Class C

     7,298        723,524  

Greene County Bancorp, Inc.

     1,705        97,645  

Hingham Institution for Savings

     414        103,960  

Merchants Bancorp

     9,403        216,927  

PennyMac Financial Services, Inc.

     18,867        809,394  

Radian Group, Inc.

     133,086        2,567,229  

Southern Missouri Bancorp, Inc.

     3,981      203,151  

Timberland Bancorp, Inc.

     5,051        139,660  
     

 

 

 
Total Thrifts & Mortgage Finance

 

     4,861,490  
Tobacco – 0.0%

 

Turning Point Brands, Inc.

     2,816        59,784  
Trading Companies & Distributors – 5.4%

 

Applied Industrial Technologies, Inc.

     13,809        1,419,289  

Boise Cascade Co.

     7,795        463,491  

GATX Corp.

     18,644        1,587,537  

Global Industrial Co.

     16,445        441,219  

H&E Equipment Services, Inc.

     25,163        713,119  

McGrath RentCorp

     14,915        1,250,772  

MSC Industrial Direct Co., Inc., Class A

     47,557        3,462,625  

Rush Enterprises, Inc., Class A

     21,165        928,297  
     

 

 

 
Total Trading Companies & Distributors

 

     10,266,349  
Water Utilities – 2.2%

 

American States Water Co.

     15,230        1,187,178  

Artesian Resources Corp., Class A

     5,914        284,582  

California Water Service Group

     20,084        1,058,226  

Middlesex Water Co.

     5,609        433,015  

SJW Group

     16,160        930,816  

York Water Co.

     5,913        227,237  
     

 

 

 
Total Water Utilities

 

     4,121,054  
Wireless Telecommunication Services – 0.8%

 

Shenandoah Telecommunications Co.

     3,103        52,813  

Telephone and Data Systems, Inc.

     105,900        1,472,010  
     

 

 

 
Total Wireless Telecommunication Services

 

     1,524,823  
Total United States

 

     185,514,848  
Puerto Rico – 1.4%

 

Banks – 1.2%

 

First Bancorp

     169,259        2,315,463  
IT Services – 0.2%

 

EVERTEC, Inc.

     8,477        265,754  
Total Puerto Rico

 

     2,581,217  

TOTAL COMMON STOCKS

(Cost: $226,652,819)

 

 

     188,096,065  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.4%

 

United States – 0.4%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(b)

     
(Cost: $725,581)      725,581        725,581  

TOTAL INVESTMENTS IN SECURITIES – 100.2%

(Cost: $227,378,400)

 

 

     188,821,646  

Other Assets less Liabilities – (0.2)%

 

     (365,032
     

 

 

 
NET ASSETS – 100.0%

 

   $ 188,456,614  
(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $1,418,151 and the total market value of the collateral held by the Fund was $1,458,345. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $732,764.

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

See Notes to Financial Statements.

 

92   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

September 30, 2022

 

FAIR VALUATION SUMMARY               

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted
Prices in
Active

Markets
(Level 1)

     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 188,096,065      $      $      $ 188,096,065  

Investment of Cash Collateral for Securities Loaned

            725,581               725,581  

Total Investments in Securities

   $ 188,096,065      $ 725,581      $      $ 188,821,646  

 

See Notes to Financial Statements.

 

WisdomTree Trust      93  


Schedule of Investments (unaudited)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.7%      
United States – 99.6%

 

Aerospace & Defense – 2.0%

 

BWX Technologies, Inc.

     7,343      $ 369,867  

General Dynamics Corp.

     11,676        2,477,297  

Huntington Ingalls Industries, Inc.

     2,838        628,617  

L3Harris Technologies, Inc.

     6,051        1,257,579  

Lockheed Martin Corp.

     15,465        5,973,975  

Northrop Grumman Corp.

     6,648        3,126,687  

Raytheon Technologies Corp.

     61,450        5,030,297  
     

 

 

 
Total Aerospace & Defense               18,864,319  
Air Freight & Logistics – 0.6%

 

C.H. Robinson Worldwide, Inc.

     6,928        667,235  

Expeditors International of Washington, Inc.

     3,496        308,732  

FedEx Corp.

     4,972        738,193  

United Parcel Service, Inc., Class B

     24,541        3,964,353  
     

 

 

 
Total Air Freight & Logistics               5,678,513  
Auto Components – 0.1%

 

BorgWarner, Inc.

     4,554        142,996  

Dana, Inc.

     8,385        95,840  

Gentex Corp.

     13,898        331,328  

LCI Industries

     1,504        152,596  

Lear Corp.

     1,498        179,296  
     

 

 

 
Total Auto Components               902,056  
Automobiles – 0.2%

 

Ford Motor Co.

     137,630        1,541,456  

Harley-Davidson, Inc.

     5,265        183,643  

Thor Industries, Inc.

     1,403        98,182  
     

 

 

 
Total Automobiles               1,823,281  
Banks – 7.2%

 

Associated Banc-Corp.

     18,949        380,496  

Banc of California, Inc.

     19,516        311,671  

Bank of America Corp.

     272,982        8,244,056  

Bank OZK

     13,319        526,900  

BOK Financial Corp.

     5,636        500,815  

Cadence Bank

     16,227        412,328  

Citigroup, Inc.

     114,960        4,790,383  

Citizens Community Bancorp, Inc.

     24,739        301,074  

Citizens Financial Group, Inc.

     28,639        984,036  

Comerica, Inc.

     9,915        704,956  

Commerce Bancshares, Inc.

     9,002        595,572  

Cullen/Frost Bankers, Inc.

     3,773        498,866  

East West Bancorp, Inc.

     9,013        605,133  

Equity Bancshares, Inc., Class A

     11,149        330,345  

Fifth Third Bancorp

     40,073        1,280,733  

First Citizens BancShares, Inc., Class A

     590        470,484  

First Horizon Corp.

     42,551        974,418  

First Interstate BancSystem, Inc., Class A

     7,867        317,433  

First National Corp.

     18,365        280,984  

First Republic Bank

     2,014        262,928  

Five Star Bancorp

     9,392        266,357  

FNB Corp.

     40,359        468,164  

Hanmi Financial Corp.

     15,314      362,636  

HomeTrust Bancshares, Inc.

     12,744        281,642  

JPMorgan Chase & Co.

     191,933        20,056,998  

KeyCorp

     63,750        1,021,275  

M&T Bank Corp.

     13,554        2,389,841  

Old National Bancorp

     8,472        139,534  

PacWest Bancorp

     1,282        28,973  

Partners Bancorp

     36,175        321,596  

PNC Financial Services Group, Inc.

     20,269        3,028,594  

Prosperity Bancshares, Inc.

     7,447        496,566  

QCR Holdings, Inc.

     4,821        245,582  

Regions Financial Corp.

     59,397        1,192,098  

S&T Bancorp, Inc.

     24,849        728,324  

Seacoast Banking Corp. of Florida

     10,725        324,217  

Signature Bank

     1,446        218,346  

Southern States Bancshares, Inc.

     9,260        252,335  

SouthState Corp.

     5,720        452,566  

Summit State Bank

     12,012        174,294  

Truist Financial Corp.

     81,232        3,536,841  

U.S. Bancorp

     86,399        3,483,608  

Umpqua Holdings Corp.

     34,784        594,459  

Valley National Bancorp

     33,847        365,548  

Webster Financial Corp.

     1,401        63,325  

Wells Fargo & Co.

     116,898        4,701,638  

Western Alliance Bancorp

     5,498        361,439  

Zions Bancorp NA

     9,841        500,513  
     

 

 

 
Total Banks               68,830,920  
Beverages – 3.9%

 

Brown-Forman Corp., Class B

     7,858        523,107  

Coca-Cola Co.

     340,007        19,047,192  

Constellation Brands, Inc., Class A

     3,026        695,012  

Keurig Dr. Pepper, Inc.

     48,818        1,748,661  

PepsiCo, Inc.

     92,733        15,139,589  
     

 

 

 
Total Beverages               37,153,561  
Biotechnology – 3.6%

 

AbbVie, Inc.

     140,794        18,895,963  

Amgen, Inc.

     33,540        7,559,916  

Gilead Sciences, Inc.

     132,738        8,188,607  
     

 

 

 
Total Biotechnology               34,644,486  
Building Products – 0.3%

 

A.O. Smith Corp.

     4,841        235,176  

Carlisle Cos., Inc.

     1,727        484,268  

Carrier Global Corp.

     10,323        367,086  

Fortune Brands Home & Security, Inc.

     4,104        220,344  

Lennox International, Inc.

     1,120        249,390  

Masco Corp.

     10,014        467,553  

Owens Corning

     3,782        297,303  

UFP Industries, Inc.

     3,443        248,447  
     

 

 

 
Total Building Products               2,569,567  
Capital Markets – 4.0%

 

Ameriprise Financial, Inc.

     3,286        827,908  

Ares Management Corp., Class A

     6,745        417,853  

 

See Notes to Financial Statements.

 

94   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2022

 

 

 

Investments    Shares      Value  

Artisan Partners Asset Management, Inc., Class A

     15,624      $ 420,754  

B. Riley Financial, Inc.

     6,672        297,038  

Bank of New York Mellon Corp.

     34,764        1,339,109  

BlackRock, Inc.

     5,050        2,778,914  

Blackstone, Inc.

     56,491        4,728,297  

Blue Owl Capital, Inc.(a)

     9,622        88,811  

Carlyle Group, Inc.

     14,505        374,809  

Cboe Global Markets, Inc.

     3,759        441,194  

Charles Schwab Corp.

     28,211        2,027,525  

CME Group, Inc.

     10,664        1,888,914  

Cohen & Steers, Inc.

     4,895        306,574  

Evercore, Inc., Class A

     2,829        232,685  

FactSet Research Systems, Inc.

     717        286,879  

Federated Hermes, Inc.

     7,437        246,314  

Franklin Resources, Inc.

     30,684        660,320  

Goldman Sachs Group, Inc.

     11,143        3,265,456  

Hamilton Lane, Inc., Class A

     2,322        138,414  

Houlihan Lokey, Inc.

     3,551        267,674  

Intercontinental Exchange, Inc.

     9,909        895,278  

Jefferies Financial Group, Inc.

     16,160        476,720  

KKR & Co., Inc.

     10,517        452,231  

MarketAxess Holdings, Inc.

     975        216,928  

Moelis & Co., Class A

     9,636        325,793  

Moody’s Corp.

     2,699        656,154  

Morgan Stanley

     84,317        6,661,886  

Morningstar, Inc.

     642        136,310  

MSCI, Inc.

     679        286,395  

Nasdaq, Inc.

     15,148        858,589  

Northern Trust Corp.

     10,275        879,129  

Raymond James Financial, Inc.

     7,887        779,393  

S&P Global, Inc.

     3,997        1,220,484  

Sculptor Capital Management, Inc.(a)

     4,677        41,345  

State Street Corp.

     14,200        863,502  

StepStone Group, Inc., Class A

     4,291        105,172  

T. Rowe Price Group, Inc.

     13,278        1,394,323  

Victory Capital Holdings, Inc., Class A

     9,772        227,785  

Virtu Financial, Inc., Class A

     14,620        303,657  
     

 

 

 
Total Capital Markets               37,816,516  
Chemicals – 1.5%

 

Air Products and Chemicals, Inc.

     8,490        1,975,878  

Albemarle Corp.

     1,209        319,708  

Ashland, Inc.

     3,225        306,278  

Cabot Corp.

     6,427        410,621  

Celanese Corp.

     3,148        284,390  

CF Industries Holdings, Inc.

     6,758        650,458  

Chemours Co.

     9,010        222,097  

Corteva, Inc.

     14,704        840,334  

Dow, Inc.

     61,984        2,722,957  

DuPont de Nemours, Inc.

     13,749        692,950  

Eastman Chemical Co.

     6,346        450,883  

Ecolab, Inc.

     4,686        676,752  

Element Solutions, Inc.

     15,286        248,703  

FMC Corp.

     4,660        492,562  

Huntsman Corp.

     11,558      283,633  

International Flavors & Fragrances, Inc.

     8,972        814,927  

Mosaic Co.

     3,119        150,741  

Olin Corp.

     5,343        229,108  

PPG Industries, Inc.

     5,998        663,919  

RPM International, Inc.

     6,093        507,608  

Scotts Miracle-Gro Co.

     2,060        88,065  

Sensient Technologies Corp.

     4,030        279,440  

Sherwin-Williams Co.

     4,256        871,416  

Valvoline, Inc.

     10,471        265,335  

Westlake Corp.

     2,863        248,737  
     

 

 

 
Total Chemicals               14,697,500  
Commercial Services & Supplies – 0.7%

 

ABM Industries, Inc.

     6,737        257,555  

Brink’s Co.

     2,693        130,449  

Cintas Corp.

     2,246        871,875  

Deluxe Corp.

     9,073        151,065  

Healthcare Services Group, Inc.

     19,184        231,935  

Pitney Bowes, Inc.

     40,910        95,320  

Republic Services, Inc.

     12,763        1,736,278  

Rollins, Inc.

     10,310        357,551  

Waste Management, Inc.

     16,446        2,634,814  
     

 

 

 
Total Commercial Services & Supplies               6,466,842  
Communications Equipment – 1.0%

 

Cisco Systems, Inc.

     189,579        7,583,160  

Juniper Networks, Inc.

     19,638        512,945  

Motorola Solutions, Inc.

     5,291        1,185,025  
     

 

 

 
Total Communications Equipment               9,281,130  
Construction & Engineering – 0.1%

 

MDU Resources Group, Inc.

     23,695        648,058  
Consumer Finance – 0.6%

 

Ally Financial, Inc.

     9,094        253,086  

American Express Co.

     13,642        1,840,442  

Bread Financial Holdings, Inc.

     755        23,745  

Capital One Financial Corp.

     13,524        1,246,507  

Discover Financial Services

     7,780        707,358  

FirstCash Holdings, Inc.

     4,791        351,420  

Navient Corp.

     11,587        170,213  

OneMain Holdings, Inc.

     15,410        454,903  

SLM Corp.

     15,057        210,647  

Synchrony Financial

     14,479        408,163  
     

 

 

 
Total Consumer Finance               5,666,484  
Containers & Packaging – 0.4%

 

Avery Dennison Corp.

     1,522        247,629  

Ball Corp.

     5,179        250,249  

Crown Holdings, Inc.

     2,040        165,301  

Graphic Packaging Holding Co.

     11,167        220,437  

Greif, Inc., Class A

     5,511        328,290  

International Paper Co.

     22,271        705,991  

Packaging Corp. of America

     4,971        558,194  

Sealed Air Corp.

     4,376        194,776  

 

See Notes to Financial Statements.

 

WisdomTree Trust      95  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2022

 

 

 

Investments    Shares      Value  

Sonoco Products Co.

     8,732      $ 495,366  

Westrock Co.

     7,345        226,887  
     

 

 

 
Total Containers & Packaging               3,393,120  
Distributors – 0.1%

 

Genuine Parts Co.

     6,052        903,685  

LKQ Corp.

     5,794        273,187  

Pool Corp.

     621        197,608  
     

 

 

 
Total Distributors               1,374,480  
Diversified Consumer Services – 0.1%

 

ADT, Inc.

     19,436        145,576  

H&R Block, Inc.

     15,783        671,409  

Service Corp. International

     7,325        422,945  
     

 

 

 
Total Diversified Consumer Services               1,239,930  
Diversified Financial Services – 0.1%

 

Apollo Global Management, Inc.

     16,278        756,927  

Voya Financial, Inc.

     5,920        358,160  
     

 

 

 
Total Diversified Financial Services               1,115,087  
Diversified Telecommunication Services – 1.5%

 

Cogent Communications Holdings, Inc.

     7,908        412,481  

Verizon Communications, Inc.

     361,761        13,736,065  
     

 

 

 
Total Diversified Telecommunication Services               14,148,546  
Electric Utilities – 4.2%

 

Alliant Energy Corp.

     15,780        836,182  

American Electric Power Co., Inc.

     32,365        2,797,954  

Avangrid, Inc.

     26,071        1,087,161  

Duke Energy Corp.

     52,524        4,885,783  

Edison International

     24,392        1,380,099  

Entergy Corp.

     12,585        1,266,429  

Evergy, Inc.

     21,868        1,298,959  

Eversource Energy

     18,792        1,465,024  

Exelon Corp.

     70,201        2,629,729  

FirstEnergy Corp.

     51,686        1,912,382  

IDACORP, Inc.

     5,649        559,308  

NextEra Energy, Inc.

     87,964        6,897,257  

NRG Energy, Inc.

     12,588        481,743  

OGE Energy Corp.

     29,265        1,067,002  

PPL Corp.

     70,005        1,774,627  

Southern Co.

     113,285        7,703,380  

Xcel Energy, Inc.

     28,239        1,807,296  
     

 

 

 
Total Electric Utilities               39,850,315  
Electrical Equipment – 0.3%

 

AMETEK, Inc.

     3,316        376,068  

Emerson Electric Co.

     23,033        1,686,476  

Hubbell, Inc.

     2,969        662,087  

Rockwell Automation, Inc.

     2,771        596,070  
     

 

 

 
Total Electrical Equipment               3,320,701  
Electronic Equipment, Instruments & Components – 0.4%

 

Amphenol Corp., Class A

     10,449        699,665  

Avnet, Inc.

     8,622        311,427  

CDW Corp.

     3,885        606,371  

Corning, Inc.

     36,624        1,062,828  

Jabil, Inc.

     3,729      215,200  

National Instruments Corp.

     11,290        426,085  

Richardson Electronics Ltd.

     11,646        175,855  

TD SYNNEX Corp.

     1,568        127,306  

Vishay Intertechnology, Inc.

     14,746        262,331  

Wayside Technology Group, Inc.

     1,720        46,234  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     3,933,302  
Energy Equipment & Services – 0.2%

 

Baker Hughes Co.

     45,128        945,883  

Halliburton Co.

     5,021        123,617  

NOV, Inc.

     27,607        446,681  
     

 

 

 
Total Energy Equipment & Services               1,516,181  
Entertainment – 0.1%

 

Activision Blizzard, Inc.

     9,904        736,263  

Electronic Arts, Inc.

     2,516        291,126  

Warner Music Group Corp., Class A

     5,426        125,938  
     

 

 

 
Total Entertainment               1,153,327  
Equity Real Estate Investment Trusts (REITs) – 4.2%

 

Agree Realty Corp.

     5,992        404,939  

Alexandria Real Estate Equities, Inc.

     3,733        523,329  

American Tower Corp.

     12,969        2,784,444  

Americold Realty Trust, Inc.

     9,355        230,133  

Apartment Income REIT Corp.

     7,834        302,549  

AvalonBay Communities, Inc.

     6,422        1,182,868  

Boston Properties, Inc.

     6,332        474,710  

Brixmor Property Group, Inc.

     24,404        450,742  

Broadstone Net Lease, Inc.

     19,226        298,580  

Camden Property Trust

     3,411        407,444  

Crown Castle International Corp.

     20,464        2,958,071  

CubeSmart

     14,478        579,989  

Digital Realty Trust, Inc.

     8,437        836,782  

Duke Realty Corp.

     12,647        609,585  

EPR Properties

     8,942        320,660  

Equinix, Inc.

     1,418        806,615  

Equity LifeStyle Properties, Inc.

     7,334        460,869  

Equity Residential

     17,395        1,169,292  

Essential Properties Realty Trust, Inc.

     14,398        280,041  

Essex Property Trust, Inc.

     2,326        563,427  

Extra Space Storage, Inc.

     4,854        838,334  

Federal Realty Investment Trust

     4,280        385,714  

First Industrial Realty Trust, Inc.

     6,950        311,430  

Gaming and Leisure Properties, Inc.

     25,290        1,118,830  

Healthcare Realty Trust, Inc., Class A

     19,674        410,203  

Healthpeak Properties, Inc.

     22,885        524,524  

Highwoods Properties, Inc.

     12,490        336,730  

Industrial Logistics Properties Trust

     9,348        51,414  

Innovative Industrial Properties, Inc.

     766        67,791  

Invitation Homes, Inc.

     14,490        489,327  

Iron Mountain, Inc.

     19,662        864,538  

Kilroy Realty Corp.

     8,886        374,189  

Kimco Realty Corp.

     25,716        473,432  

Kite Realty Group Trust

     18,486        318,329  

Lamar Advertising Co., Class A

     5,965        492,053  

 

See Notes to Financial Statements.

 

96   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2022

 

 

 

Investments    Shares      Value  

Life Storage, Inc.

     4,677      $ 518,025  

LXP Industrial Trust

     25,332        232,041  

Macerich Co.

     6,278        49,847  

Mid-America Apartment Communities, Inc.

     4,483        695,179  

National Retail Properties, Inc.

     17,662        704,007  

National Storage Affiliates Trust

     6,693        278,295  

Omega Healthcare Investors, Inc.

     24,106        710,886  

PotlatchDeltic Corp.

     6,708        275,296  

Prologis, Inc.

     12,466        1,266,546  

Public Storage

     7,081        2,073,388  

Rayonier, Inc.

     11,978        358,981  

Realty Income Corp.

     23,837        1,387,313  

Regency Centers Corp.

     7,822        421,215  

SBA Communications Corp.

     125        35,581  

Simon Property Group, Inc.

     20,306        1,822,464  

SL Green Realty Corp.

     8,086        324,734  

Spirit Realty Capital, Inc.

     15,569        562,975  

STAG Industrial, Inc.

     13,957        396,798  

STORE Capital Corp.

     24,185        757,716  

Sun Communities, Inc.

     3,425        463,505  

Tanger Factory Outlet Centers, Inc.

     14,491        198,237  

UDR, Inc.

     10,972        457,642  

Uniti Group, Inc.

     21,679        150,669  

Ventas, Inc.

     14,736        591,945  

VICI Properties, Inc.

     26,538        792,159  

W.P. Carey, Inc.

     16,579        1,157,214  

Welltower, Inc.

     12,018        772,998  

Weyerhaeuser Co.

     18,452        526,989  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)               40,684,552  
Food & Staples Retailing – 2.0%

 

Albertsons Cos., Inc., Class A

     16,345        406,337  

Costco Wholesale Corp.

     7,164        3,383,342  

Kroger Co.

     24,384        1,066,800  

SpartanNash Co.

     12,189        353,725  

Sysco Corp.

     21,556        1,524,225  

Walgreens Boots Alliance, Inc.

     57,676        1,811,026  

Walmart, Inc.

     78,324        10,158,623  
     

 

 

 
Total Food & Staples Retailing               18,704,078  
Food Products – 2.3%

 

Archer-Daniels-Midland Co.

     33,549        2,699,017  

B&G Foods, Inc.

     14,473        238,660  

Cal-Maine Foods, Inc.

     3,549        197,289  

Campbell Soup Co.

     20,299        956,489  

Conagra Brands, Inc.

     31,415        1,025,071  

Flowers Foods, Inc.

     26,394        651,668  

General Mills, Inc.

     32,286        2,473,430  

Hershey Co.

     7,788        1,717,020  

Hormel Foods Corp.

     26,765        1,216,202  

Ingredion, Inc.

     5,360        431,587  

J.M. Smucker Co.

     6,887        946,343  

Kellogg Co.

     21,530        1,499,780  

Kraft Heinz Co.

     94,810        3,161,914  

McCormick & Co., Inc., Non-Voting Shares

     8,158        581,421  

Mondelez International, Inc., Class A

     53,793      2,949,470  

Tyson Foods, Inc., Class A

     15,784        1,040,639  
     

 

 

 
Total Food Products               21,786,000  
Gas Utilities – 0.3%

 

Atmos Energy Corp.

     8,884        904,835  

National Fuel Gas Co.

     10,533        648,306  

New Jersey Resources Corp.

     11,617        449,578  

South Jersey Industries, Inc.

     12,936        432,321  

UGI Corp.

     21,742        702,919  
     

 

 

 
Total Gas Utilities               3,137,959  
Health Care Equipment & Supplies – 1.1%

 

Abbott Laboratories

     62,353        6,033,276  

Baxter International, Inc.

     11,397        613,842  

Becton Dickinson and Co.

     6,955        1,549,783  

Dentsply Sirona, Inc.

     5,440        154,224  

ResMed, Inc.

     1,835        400,581  

Stryker Corp.

     6,443        1,304,965  

Zimmer Biomet Holdings, Inc.

     2,569        268,589  
     

 

 

 
Total Health Care Equipment & Supplies               10,325,260  
Health Care Providers & Services – 2.7%

 

AmerisourceBergen Corp.

     5,232        708,047  

Cardinal Health, Inc.

     19,997        1,333,400  

Cigna Corp.

     10,513        2,917,042  

CVS Health Corp.

     47,587        4,538,372  

Elevance Health, Inc.

     4,632        2,104,040  

Encompass Health Corp.

     6,713        303,629  

HCA Healthcare, Inc.

     4,022        739,203  

Humana, Inc.

     1,448        702,555  

McKesson Corp.

     2,104        715,086  

Patterson Cos., Inc.

     11,226        269,649  

Premier, Inc., Class A

     12,533        425,370  

Quest Diagnostics, Inc.

     5,037        617,990  

Select Medical Holdings Corp.

     6,034        133,351  

UnitedHealth Group, Inc.

     21,048        10,630,082  

Universal Health Services, Inc., Class B

     1,334        117,632  
     

 

 

 
Total Health Care Providers & Services               26,255,448  
Hotels, Restaurants & Leisure – 1.7%

 

Aramark

     5,919        184,673  

Choice Hotels International, Inc.

     1,257        137,667  

Darden Restaurants, Inc.

     5,791        731,519  

Dine Brands Global, Inc.

     3,407        216,549  

Domino’s Pizza, Inc.

     376        116,635  

Jack in the Box, Inc.

     3,306        244,875  

Marriott Vacations Worldwide Corp.

     375        45,697  

McDonald’s Corp.

     40,790        9,411,885  

Papa John’s International, Inc.(a)

     1,810        126,718  

Starbucks Corp.

     33,143        2,792,629  

Texas Roadhouse, Inc.

     4,707        410,733  

Travel & Leisure Co.

     4,922        167,939  

Vail Resorts, Inc.

     639        137,794  

Wendy’s Co.

     17,698        330,776  

Wyndham Hotels & Resorts, Inc.

     3,514        215,584  

 

See Notes to Financial Statements.

 

WisdomTree Trust      97  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2022

 

 

 

Investments    Shares      Value  

Yum! Brands, Inc.

     10,569      $ 1,123,907  
     

 

 

 
Total Hotels, Restaurants & Leisure               16,395,580  
Household Durables – 0.3%

 

D.R. Horton, Inc.

     5,086        342,542  

Leggett & Platt, Inc.

     13,043        433,289  

Lennar Corp., Class A

     4,559        339,873  

MDC Holdings, Inc.

     8,692        238,335  

Newell Brands, Inc.

     31,492        437,424  

PulteGroup, Inc.

     5,991        224,663  

Tempur Sealy International, Inc.

     3,446        83,186  

Toll Brothers, Inc.

     3,749        157,458  

Whirlpool Corp.

     2,372        319,769  
     

 

 

 
Total Household Durables               2,576,539  
Household Products – 2.7%

 

Church & Dwight Co., Inc.

     4,873        348,127  

Clorox Co.

     5,695        731,181  

Colgate-Palmolive Co.

     49,895        3,505,124  

Energizer Holdings, Inc.

     8,702        218,768  

Kimberly-Clark Corp.

     18,054        2,031,797  

Procter & Gamble Co.

     142,651        18,009,689  

Reynolds Consumer Products, Inc.(a)

     18,483        480,743  

Spectrum Brands Holdings, Inc.

     2,490        97,185  
     

 

 

 
Total Household Products               25,422,614  
Independent Power & Renewable Electricity Producers – 0.1%

 

AES Corp.

     22,739        513,901  

Clearway Energy, Inc., Class A

     9,982        290,476  

Clearway Energy, Inc., Class C

     10,983        349,809  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     1,154,186  
Industrial Conglomerates – 0.8%

 

3M Co.

     33,116        3,659,318  

General Electric Co.

     5,797        358,892  

Honeywell International, Inc.

     22,701        3,790,386  
     

 

 

 
Total Industrial Conglomerates               7,808,596  
Insurance – 2.9%

 

Aflac, Inc.

     33,248        1,868,538  

Allstate Corp.

     14,752        1,837,067  

American Financial Group, Inc.

     4,805        590,679  

American International Group, Inc.

     31,584        1,499,608  

Arthur J Gallagher & Co.

     4,313        738,472  

Assurant, Inc.

     3,148        457,310  

Brown & Brown, Inc.

     5,753        347,941  

Cincinnati Financial Corp.

     10,380        929,737  

CNA Financial Corp.

     21,372        788,627  

CNO Financial Group, Inc.

     13,944        250,574  

Fidelity National Financial, Inc.

     25,576        925,851  

First American Financial Corp.

     10,411        479,947  

Hanover Insurance Group, Inc.

     3,663        469,377  

Hartford Financial Services Group, Inc.

     15,149        938,329  

Kemper Corp.

     5,679        234,315  

Lincoln National Corp.

     8,238        361,731  

Marsh & McLennan Cos., Inc.

     16,108        2,404,763  

Mercury General Corp.

     11,240        319,441  

MetLife, Inc.

     44,871      2,727,259  

Old Republic International Corp.

     37,660        788,224  

Primerica, Inc.

     2,764        341,216  

Principal Financial Group, Inc.

     18,657        1,346,102  

Progressive Corp.

     6,765        786,161  

Prudential Financial, Inc.

     26,819        2,300,534  

Reinsurance Group of America, Inc.

     5,403        679,751  

Travelers Cos., Inc.

     11,262        1,725,338  

Unum Group

     23,519        912,537  

W.R. Berkley Corp.

     8,685        560,877  
     

 

 

 
Total Insurance               27,610,306  
Internet & Direct Marketing Retail – 0.0%

 

eBay, Inc.

     11,649        428,800  
IT Services – 1.4%

 

Automatic Data Processing, Inc.

     13,138        2,971,684  

Broadridge Financial Solutions, Inc.

     2,858        412,467  

Cognizant Technology Solutions Corp., Class A

     10,155        583,303  

Concentrix Corp.

     859        95,890  

Jack Henry & Associates, Inc.

     2,770        504,888  

MasterCard, Inc., Class A

     9,618        2,734,782  

Maximus, Inc.

     4,306        249,188  

Paychex, Inc.

     19,731        2,214,016  

SS&C Technologies Holdings, Inc.

     4,460        212,965  

Switch, Inc., Class A

     3,939        132,705  

Visa, Inc., Class A

     21,113        3,750,724  
     

 

 

 
Total IT Services               13,862,612  
Leisure Products – 0.1%

 

Brunswick Corp.

     3,450        225,803  

Hasbro, Inc.

     7,207        485,896  

Polaris, Inc.

     2,524        241,421  

Sturm Ruger & Co., Inc.

     5,574        283,103  
     

 

 

 
Total Leisure Products               1,236,223  
Life Sciences Tools & Services – 0.3%

 

Agilent Technologies, Inc.

     4,339        527,405  

Danaher Corp.

     4,891        1,263,296  

Thermo Fisher Scientific, Inc.

     1,704        864,252  

West Pharmaceutical Services, Inc.

     435        107,045  
     

 

 

 
Total Life Sciences Tools & Services               2,761,998  
Machinery – 1.8%

 

Allison Transmission Holdings, Inc.

     9,233        311,706  

Caterpillar, Inc.

     20,155        3,307,032  

Crane Holdings Co.

     4,738        414,764  

Cummins, Inc.

     6,107        1,242,836  

Deere & Co.

     6,078        2,029,383  

Donaldson Co., Inc.

     8,701        426,436  

Dover Corp.

     4,929        574,623  

Flowserve Corp.

     12,732        309,388  

Fortive Corp.

     3,138        182,945  

Illinois Tool Works, Inc.

     16,707        3,018,120  

Kennametal, Inc.

     9,092        187,113  

Lincoln Electric Holdings, Inc.

     4,148        521,487  

Mueller Industries, Inc.

     5,166        307,067  

 

See Notes to Financial Statements.

 

98   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2022

 

 

 

Investments    Shares      Value  

Oshkosh Corp.

     3,484      $ 244,890  

Otis Worldwide Corp.

     10,910        696,058  

PACCAR, Inc.

     8,711        729,024  

Parker-Hannifin Corp.

     2,598        629,521  

Snap-on, Inc.

     3,376        679,758  

Stanley Black & Decker, Inc.

     4,623        347,696  

Timken Co.

     5,419        319,938  

Toro Co.

     4,963        429,200  

Trinity Industries, Inc.

     13,084        279,343  

Xylem, Inc.

     3,432        299,820  
     

 

 

 
Total Machinery               17,488,148  
Marine – 0.0%

 

Matson, Inc.

     2,016        124,024  
Media – 0.9%

 

Comcast Corp., Class A

     147,869        4,336,998  

Fox Corp., Class A

     4,349        133,427  

Fox Corp., Class B

     12,592        358,872  

Gray Television, Inc.

     12,638        180,976  

Interpublic Group of Cos., Inc.

     18,656        477,594  

John Wiley & Sons, Inc., Class A

     6,994        262,695  

New York Times Co., Class A

     2,259        64,946  

News Corp., Class A

     585        8,839  

News Corp., Class B

     13,070        201,539  

Nexstar Media Group, Inc., Class A

     2,356        393,099  

Omnicom Group, Inc.

     13,632        860,043  

Sirius XM Holdings, Inc.(a)

     86,587        494,412  

TEGNA, Inc.

     18,912        391,100  
     

 

 

 
Total Media               8,164,540  
Metals & Mining – 0.5%

 

Alcoa Corp.

     3,070        103,336  

Commercial Metals Co.

     10,517        373,143  

Freeport-McMoRan, Inc.

     18,369        502,025  

Newmont Corp.

     55,756        2,343,425  

Nucor Corp.

     6,223        665,799  

Reliance Steel & Aluminum Co.

     4,288        747,870  

Steel Dynamics, Inc.

     5,227        370,856  

United States Steel Corp.

     1,402        25,404  
     

 

 

 
Total Metals & Mining               5,131,858  
Multi-Utilities – 1.8%

 

Ameren Corp.

     13,520        1,089,036  

CenterPoint Energy, Inc.

     26,203        738,401  

CMS Energy Corp.

     24,703        1,438,703  

Consolidated Edison, Inc.

     23,898        2,049,492  

Dominion Energy, Inc.

     46,302        3,199,931  

DTE Energy Co.

     11,706        1,346,775  

NiSource, Inc.

     28,347        714,061  

Public Service Enterprise Group, Inc.

     28,751        1,616,669  

Sempra Energy

     18,531        2,778,538  

WEC Energy Group, Inc.

     26,332        2,354,871  
     

 

 

 
Total Multi-Utilities               17,326,477  
Multiline Retail – 0.4%

 

Big Lots, Inc.

     5,387      84,091  

Dollar General Corp.

     2,860        686,000  

Franchise Group, Inc.

     6,650        161,595  

Kohl’s Corp.

     4,456        112,068  

Macy’s, Inc.

     9,434        147,831  

Target Corp.

     18,449        2,737,647  
     

 

 

 
Total Multiline Retail               3,929,232  
Oil, Gas & Consumable Fuels – 10.5%

 

Antero Midstream Corp.

     74,703        685,774  

APA Corp.

     10,513        359,439  

California Resources Corp.

     4,657        178,968  

Cheniere Energy, Inc.

     7,804        1,294,762  

Chesapeake Energy Corp.(a)

     5,793        545,759  

Chevron Corp.

     155,656        22,363,097  

Chord Energy Corp.

     2,598        355,328  

Civitas Resources, Inc.

     6,342        363,967  

ConocoPhillips

     57,210        5,854,871  

Continental Resources, Inc.

     17,107        1,142,919  

Coterra Energy, Inc.

     40,056        1,046,263  

Devon Energy Corp.

     135,804        8,165,895  

Diamondback Energy, Inc.

     5,528        665,903  

DTE Midstream LLC*

     9,170        475,831  

EOG Resources, Inc.

     33,940        3,792,116  

Equitrans Midstream Corp.

     48,003        359,062  

Exxon Mobil Corp.

     418,449        36,534,782  

Hess Corp.

     7,260        791,267  

HF Sinclair Corp.

     14,409        775,781  

Kinder Morgan, Inc.

     258,198        4,296,415  

Magnolia Oil & Gas Corp., Class A

     9,731        192,771  

Marathon Oil Corp.

     17,624        397,950  

Marathon Petroleum Corp.

     37,761        3,750,800  

Murphy Oil Corp.

     8,405        295,604  

Northern Oil and Gas, Inc.

     12,143        332,840  

Occidental Petroleum Corp.

     1,066        65,506  

ONEOK, Inc.

     43,881        2,248,462  

Ovintiv, Inc.

     10,512        483,552  

PDC Energy, Inc.

     4,097        236,766  

Pioneer Natural Resources Co.

     5,525        1,196,328  

Sitio Royalties Corp.(a)

     15,200        336,072  

Targa Resources Corp.

     4,802        289,753  

Texas Pacific Land Corp.

     190        337,674  
     

 

 

 
Total Oil, Gas & Consumable Fuels               100,212,277  
Paper & Forest Products – 0.0%

 

Louisiana-Pacific Corp.

     1,781        91,169  
Personal Products – 0.1%

 

Edgewell Personal Care Co.

     6,365        238,051  

Estee Lauder Cos., Inc., Class A

     2,363        510,172  

Inter Parfums, Inc.

     599        45,200  

Medifast, Inc.

     1,068        115,728  

Nu Skin Enterprises, Inc., Class A

     6,702        223,646  
     

 

 

 
Total Personal Products               1,132,797  

 

See Notes to Financial Statements.

 

WisdomTree Trust      99  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2022

 

 

 

Investments    Shares      Value  
Pharmaceuticals – 8.5%

 

Bristol-Myers Squibb Co.

     131,291      $ 9,333,477  

Eli Lilly & Co.

     23,321        7,540,845  

Johnson & Johnson

     179,659        29,349,094  

Merck & Co., Inc.

     164,328        14,151,927  

Organon & Co.

     21,174        495,472  

Pfizer, Inc.

     439,338        19,225,431  

Zoetis, Inc.

     6,367        944,163  
     

 

 

 
Total Pharmaceuticals               81,040,409  
Professional Services – 0.3%

 

Booz Allen Hamilton Holding Corp.

     4,540        419,269  

Equifax, Inc.

     1,431        245,316  

Exponent, Inc.

     2,675        234,517  

Insperity, Inc.

     2,370        241,953  

Jacobs Solutions, Inc.

     1,183        128,344  

Leidos Holdings, Inc.

     3,943        344,894  

ManpowerGroup, Inc.

     3,508        226,933  

Robert Half International, Inc.

     3,954        302,481  

Science Applications International Corp.

     3,404        301,016  

TransUnion

     676        40,215  

Verisk Analytics, Inc.

     2,512        428,372  
     

 

 

 
Total Professional Services               2,913,310  
Real Estate Management & Development – 0.0%

 

Kennedy-Wilson Holdings, Inc.

     19,046        294,451  
Road & Rail – 0.9%

 

CSX Corp.

     37,852        1,008,377  

JB Hunt Transport Services, Inc.

     2,272        355,386  

Knight-Swift Transportation Holdings, Inc.

     2,853        139,598  

Norfolk Southern Corp.

     6,465        1,355,387  

Old Dominion Freight Line, Inc.

     803        199,763  

Ryder System, Inc.

     5,135        387,641  

Union Pacific Corp.

     28,917        5,633,610  
     

 

 

 
Total Road & Rail               9,079,762  
Semiconductors & Semiconductor Equipment – 3.0%

 

Amkor Technology, Inc.

     7,082        120,748  

Analog Devices, Inc.

     14,309        1,993,816  

Applied Materials, Inc.

     9,566        783,743  

Broadcom, Inc.

     17,983        7,984,632  

Intel Corp.

     189,875        4,893,079  

KLA Corp.

     2,716        821,943  

Lam Research Corp.

     2,131        779,946  

Marvell Technology, Inc.

     4,853        208,242  

Microchip Technology, Inc.

     9,827        599,742  

Micron Technology, Inc.

     8,593        430,509  

Monolithic Power Systems, Inc.

     572        207,865  

NVIDIA Corp.

     2,947        357,736  

Power Integrations, Inc.

     3,269        210,262  

QUALCOMM, Inc.

     29,493        3,332,119  

Skyworks Solutions, Inc.

     4,185        356,855  

Teradyne, Inc.

     742        55,761  

Texas Instruments, Inc.

     38,210        5,914,144  

Universal Display Corp.

     934        88,123  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     29,139,265  
Software – 4.3%

 

A10 Networks, Inc.

     3,741      49,643  

Bentley Systems, Inc., Class B

     1,365        41,755  

Dolby Laboratories, Inc., Class A

     4,448        289,787  

InterDigital, Inc.

     4,197        169,643  

Intuit, Inc.

     2,003        775,802  

Microsoft Corp.

     148,732        34,639,683  

NortonLifeLock, Inc.

     19,348        389,669  

Oracle Corp.

     64,850        3,960,390  

Roper Technologies, Inc.

     1,085        390,209  
     

 

 

 
Total Software               40,706,581  
Specialty Retail – 2.2%

 

Advance Auto Parts, Inc.

     1,901        297,202  

American Eagle Outfitters, Inc.

     5,888        57,290  

Bath & Body Works, Inc.

     485        15,811  

Best Buy Co., Inc.

     10,588        670,644  

Big 5 Sporting Goods Corp.(a)

     10,283        110,439  

Buckle, Inc.

     5,960        188,694  

Camping World Holdings, Inc., Class A

     5,983        151,490  

Dick’s Sporting Goods, Inc.(a)

     2,369        247,892  

Foot Locker, Inc.

     4,221        131,400  

Gap, Inc.

     13,125        107,756  

Guess?, Inc.

     10,638        156,059  

Home Depot, Inc.

     43,286        11,944,339  

Lithia Motors, Inc.

     196        42,052  

Lowe’s Cos., Inc.

     22,011        4,133,886  

Penske Automotive Group, Inc.

     3,802        374,231  

Rent-A-Center, Inc.

     3,337        58,431  

Ross Stores, Inc.

     5,219        439,805  

TJX Cos., Inc.

     27,544        1,711,033  

Tractor Supply Co.

     1,785        331,796  

Williams-Sonoma, Inc.

     2,933        345,654  
     

 

 

 
Total Specialty Retail               21,515,904  
Technology Hardware, Storage & Peripherals – 3.6%

 

Apple, Inc.

     229,550        31,723,810  

Hewlett Packard Enterprise Co.

     61,716        739,358  

HP, Inc.

     48,423        1,206,701  

NetApp, Inc.

     9,047        559,557  

Xerox Holdings Corp.

     22,118        289,303  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     34,518,729  
Textiles, Apparel & Luxury Goods – 0.3%

 

Carter’s, Inc.(a)

     3,347        219,329  

Hanesbrands, Inc.(a)

     22,027        153,308  

Kontoor Brands, Inc.

     5,891        197,996  

NIKE, Inc., Class B

     15,650        1,300,828  

Ralph Lauren Corp.

     2,226        189,054  

Steven Madden Ltd.

     4,465        119,082  

Tapestry, Inc.

     8,337        237,021  

VF Corp.

     14,814        443,087  

Wolverine World Wide, Inc.

     8,490        130,661  
     

 

 

 
Total Textiles, Apparel & Luxury Goods               2,990,366  

 

See Notes to Financial Statements.

 

100   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2022

 

 

 

Investments    Shares      Value  
Thrifts & Mortgage Finance – 0.2%

 

MGIC Investment Corp.

     27,907      $ 357,768  

New York Community Bancorp, Inc.(a)

     62,370        532,016  

PennyMac Financial Services, Inc.

     2,603        111,669  

Radian Group, Inc.

     12,078        232,984  

TFS Financial Corp.

     42,163        548,119  

UWM Holdings Corp.(a)

     21,161        62,002  

Walker & Dunlop, Inc.

     2,333        195,342  
     

 

 

 
Total Thrifts & Mortgage Finance               2,039,900  
Tobacco – 3.6%

 

Altria Group, Inc.

     385,321        15,559,262  

Philip Morris International, Inc.

     221,034        18,348,032  

Universal Corp.

     8,445        388,808  

Vector Group Ltd.

     33,532        295,417  
     

 

 

 
Total Tobacco               34,591,519  
Trading Companies & Distributors – 0.4%

 

Air Lease Corp.

     3,905        121,094  

Applied Industrial Technologies, Inc.

     3,439        353,460  

Fastenal Co.

     19,754        909,474  

H&E Equipment Services, Inc.

     6,481        183,672  

Herc Holdings, Inc.

     191        19,841  

MSC Industrial Direct Co., Inc., Class A

     5,627        409,702  

Rush Enterprises, Inc., Class A

     5,605        245,835  

W.W. Grainger, Inc.

     1,371        670,680  

Watsco, Inc.(a)

     2,885        742,772  
     

 

 

 
Total Trading Companies & Distributors               3,656,530  
Water Utilities – 0.2%

 

American Water Works Co., Inc.

     7,746        1,008,219  

Essential Utilities, Inc.

     13,765        569,596  
     

 

 

 
Total Water Utilities               1,577,815  
Wireless Telecommunication Services – 0.0%

 

Telephone and Data Systems, Inc.      17,929      249,213  
Total United States               954,153,249  
Puerto Rico – 0.1%

 

Banks – 0.1%

 

First Bancorp

     31,945        437,008  

Popular, Inc.

     7,488        539,585  
     

 

 

 
Total Banks               976,593  
TOTAL COMMON STOCKS (Cost: $842,150,898)               955,129,842  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.2%

 

United States – 0.2%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(b)

     
(Cost: $1,591,321)      1,591,321        1,591,321  
TOTAL INVESTMENTS IN SECURITIES – 99.9%
(Cost: $843,742,219)
        956,721,163  

Other Assets less Liabilities – 0.1%

        706,108  
     

 

 

 
NET ASSETS – 100.0%             $ 957,427,271  
*

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $4,177,310 and the total market value of the collateral held by the Fund was $4,335,680. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $2,744,359.

 

(b)

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other

Significant

Observable

Inputs

(Level 2)

    

Significant

Unobservable

Inputs

(Level 3)

     Total  

Assets:

           

Investments in Securities

 

     

Common Stocks

   $ 955,129,842      $      $      $ 955,129,842  

Investment of Cash Collateral for Securities Loaned

            1,591,321               1,591,321  

Total Investments in Securities

   $ 955,129,842      $ 1,591,321      $      $ 956,721,163  

 

See Notes to Financial Statements.

 

WisdomTree Trust      101  


Schedule of Investments (unaudited)

WisdomTree U.S. Value Fund (WTV)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%      
United States – 99.8%      
Aerospace & Defense – 1.5%      

L3Harris Technologies, Inc.

     3,195      $ 664,017  

Northrop Grumman Corp.

     1,877        882,791  
     

 

 

 
Total Aerospace & Defense

 

     1,546,808  
Air Freight & Logistics – 0.5%

 

C.H. Robinson Worldwide, Inc.

     5,549        534,424  
Banks – 5.6%

 

Bank of America Corp.

     22,635        683,577  

BOK Financial Corp.

     4,137        367,614  

Citigroup, Inc.

     11,048        460,370  

Comerica, Inc.

     12,623        897,495  

Commerce Bancshares, Inc.

     7,171        474,433  

JPMorgan Chase & Co.

     4,466        466,697  

KeyCorp

     26,931        431,435  

Synovus Financial Corp.

     11,332        425,063  

Truist Financial Corp.

     11,483        499,970  

U.S. Bancorp

     6,268        252,726  

Zions Bancorp NA

     14,507        737,826  
     

 

 

 
Total Banks

 

     5,697,206  
Beverages – 0.5%

 

Constellation Brands, Inc., Class A

     2,045        469,696  
Biotechnology – 2.4%

 

AbbVie, Inc.

     2,896        388,672  

Amgen, Inc.

     3,612        814,145  

Biogen, Inc.*

     1,038        277,146  

Gilead Sciences, Inc.

     14,440        890,804  
     

 

 

 
Total Biotechnology

 

     2,370,767  
Building Products – 2.9%

 

Advanced Drainage Systems, Inc.

     3,423        425,719  

Builders FirstSource, Inc.*

     7,708        454,155  

Lennox International, Inc.

     2,412        537,080  

Masco Corp.

     13,506        630,595  

Owens Corning

     11,091        871,864  
     

 

 

 
Total Building Products

 

     2,919,413  
Capital Markets – 6.5%

 

Affiliated Managers Group, Inc.

     5,196        581,173  

Ameriprise Financial, Inc.

     4,582        1,154,435  

Bank of New York Mellon Corp.

     20,220        778,874  

Goldman Sachs Group, Inc.

     4,717        1,382,317  

Houlihan Lokey, Inc.

     4,149        312,752  

Jefferies Financial Group, Inc.

     34,653        1,022,263  

Morgan Stanley

     14,297        1,129,606  

SEI Investments Co.

     4,699        230,486  
     

 

 

 
Total Capital Markets

 

     6,591,906  
Chemicals – 2.2%

 

Celanese Corp.

     8,151        736,361  

Dow, Inc.

     8,215        360,885  

DuPont de Nemours, Inc.

     8,048        405,619  

FMC Corp.

     4,352        460,006  

Sherwin-Williams Co.

     1,362      278,870  
     

 

 

 
Total Chemicals

 

     2,241,741  
Commercial Services & Supplies – 0.4%

 

Cintas Corp.

     931        361,405  
Communications Equipment – 0.5%

 

Lumentum Holdings, Inc.*

     7,957        545,611  
Construction & Engineering – 1.6%

 

AECOM

     15,934        1,089,408  

WillScot Mobile Mini Holdings Corp.*

     13,013        524,814  
     

 

 

 
Total Construction & Engineering

 

     1,614,222  
Construction Materials – 0.3%

 

Eagle Materials, Inc.

     2,733        292,923  
Consumer Finance – 4.8%

 

Ally Financial, Inc.

     29,829        830,141  

American Express Co.

     3,440        464,090  

Capital One Financial Corp.

     7,481        689,524  

Credit Acceptance Corp.*

     3,736        1,636,368  

Discover Financial Services

     6,531        593,799  

Synchrony Financial

     23,233        654,938  
     

 

 

 
Total Consumer Finance

 

     4,868,860  
Containers & Packaging – 1.3%

 

Crown Holdings, Inc.

     6,489        525,804  

International Paper Co.

     13,394        424,590  

Sealed Air Corp.

     8,838        393,379  
     

 

 

 
Total Containers & Packaging

 

     1,343,773  
Diversified Consumer Services – 1.0%

 

Service Corp. International

     17,206        993,474  
Diversified Financial Services – 3.3%

 

Berkshire Hathaway, Inc., Class B*

     4,623        1,234,433  

Equitable Holdings, Inc.

     43,977        1,158,794  

Voya Financial, Inc.

     15,792        955,416  
     

 

 

 
Total Diversified Financial Services

 

     3,348,643  
Diversified Telecommunication Services – 1.3%

 

Lumen Technologies, Inc.(a)

     177,824        1,294,559  
Electric Utilities – 0.5%

 

PPL Corp.

     20,278        514,047  
Electrical Equipment – 0.7%

 

Acuity Brands, Inc.

     4,540        714,914  
Electronic Equipment, Instruments & Components – 1.5%

 

Arrow Electronics, Inc.*

     9,573        882,535  

CDW Corp.

     3,839        599,191  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     1,481,726  
Entertainment – 0.6%

 

Liberty Media Corp. – Liberty Formula One, Class C*

     10,447        611,150  
Health Care Equipment & Supplies – 0.4%

 

Becton Dickinson and Co.

     1,743        388,393  
Health Care Providers & Services – 9.0%

 

Cardinal Health, Inc.

     21,196        1,413,349  

 

See Notes to Financial Statements.

 

102   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Value Fund (WTV)

September 30, 2022

 

 

 

Investments    Shares      Value  

Chemed Corp.

     1,193      $ 520,816  

Cigna Corp.

     6,433        1,784,965  

DaVita, Inc.*

     14,841        1,228,390  

Elevance Health, Inc.

     1,364        619,583  

HCA Healthcare, Inc.

     3,056        561,662  

Humana, Inc.

     2,313        1,122,244  

McKesson Corp.

     2,549        866,329  

Quest Diagnostics, Inc.

     4,843        594,188  

Universal Health Services, Inc., Class B

     3,938        347,253  
     

 

 

 
Total Health Care Providers & Services

 

     9,058,779  
Hotels, Restaurants & Leisure – 1.1%

 

Domino’s Pizza, Inc.

     2,044        634,049  

Yum! Brands, Inc.

     3,981        423,339  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     1,057,388  
Household Durables – 2.5%

 

Mohawk Industries, Inc.*

     3,547        323,451  

NVR, Inc.*

     154        614,010  

PulteGroup, Inc.

     15,297        573,637  

Tempur Sealy International, Inc.

     25,690        620,157  

Whirlpool Corp.

     2,573        346,866  
     

 

 

 
Total Household Durables

 

     2,478,121  
Household Products – 0.4%

 

Procter & Gamble Co.

     3,414        431,018  
Insurance – 7.7%

 

Aflac, Inc.

     24,092        1,353,971  

Allstate Corp.

     13,709        1,707,182  

American Financial Group, Inc.

     5,568        684,474  

American International Group, Inc.

     12,138        576,312  

Assurant, Inc.

     5,712        829,782  

Fidelity National Financial, Inc.

     12,642        457,640  

Hartford Financial Services Group, Inc.

     12,450        771,153  

Loews Corp.

     13,504        673,039  

Travelers Cos., Inc.

     5,028        770,290  
     

 

 

 
Total Insurance

 

     7,823,843  
Interactive Media & Services – 1.8%

 

Alphabet, Inc., Class A*

     2,316        221,525  

Meta Platforms, Inc., Class A*

     3,831        519,790  

Twitter, Inc.*

     25,575        1,121,208  
     

 

 

 
Total Interactive Media & Services

 

     1,862,523  
Internet & Direct Marketing Retail – 1.3%

 

eBay, Inc.

     34,404        1,266,411  
IT Services – 2.2%

 

Gartner, Inc.*

     2,420        669,590  

GoDaddy, Inc., Class A*

     6,298        446,402  

Jack Henry & Associates, Inc.

     4,370        796,520  

Western Union Co.

     24,231        327,118  
     

 

 

 
Total IT Services

 

     2,239,630  
Life Sciences Tools & Services – 0.3%

 

Mettler-Toledo International, Inc.*

     268        290,544  
Machinery – 0.6%

 

Snap-on, Inc.

     2,161        435,117  

Stanley Black & Decker, Inc.

     2,538      190,883  
     

 

 

 
Total Machinery

 

     626,000  
Media – 3.9%

 

Charter Communications, Inc., Class A*

     1,343        407,399  

Fox Corp., Class A

     30,339        930,801  

Liberty Broadband Corp., Class C*

     8,675        640,215  

News Corp., Class A

     41,890        632,958  

Omnicom Group, Inc.

     7,705        486,108  

Sirius XM Holdings, Inc.(a)

     155,016        885,141  
     

 

 

 
Total Media

 

     3,982,622  
Metals & Mining – 2.4%

 

Nucor Corp.

     6,907        738,980  

Reliance Steel & Aluminum Co.

     5,299        924,198  

Steel Dynamics, Inc.

     10,861        770,588  
     

 

 

 
Total Metals & Mining

 

     2,433,766  
Multiline Retail – 0.9%

 

Dollar General Corp.

     2,335        560,073  

Target Corp.

     2,286        339,220  
     

 

 

 
Total Multiline Retail

 

     899,293  
Oil, Gas & Consumable Fuels – 8.2%

 

APA Corp.

     10,266        350,995  

Chevron Corp.

     8,311        1,194,041  

ConocoPhillips

     6,123        626,628  

Devon Energy Corp.

     7,113        427,705  

Exxon Mobil Corp.

     14,066        1,228,102  

Kinder Morgan, Inc.

     66,063        1,099,288  

Marathon Petroleum Corp.

     13,308        1,321,884  

ONEOK, Inc.

     6,407        328,295  

Pioneer Natural Resources Co.

     1,741        376,979  

Williams Cos., Inc.

     44,764        1,281,593  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     8,235,510  
Pharmaceuticals – 1.9%

 

Bristol-Myers Squibb Co.

     17,270        1,227,724  

Merck & Co., Inc.

     6,255        538,681  

Pfizer, Inc.

     3,225        141,126  
     

 

 

 
Total Pharmaceuticals

 

     1,907,531  
Road & Rail – 2.1%

 

Avis Budget Group, Inc.*

     3,403        505,209  

CSX Corp.

     13,518        360,120  

Norfolk Southern Corp.

     2,681        562,072  

Union Pacific Corp.

     3,366        655,764  
     

 

 

 
Total Road & Rail

 

     2,083,165  
Semiconductors & Semiconductor Equipment – 1.2%

 

Lam Research Corp.

     2,437        891,942  

Qorvo, Inc.*

     4,344        344,957  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     1,236,899  
Software – 2.7%

 

Dropbox, Inc., Class A*

     19,857        411,437  

Fair Isaac Corp.*

     2,736        1,127,259  

Oracle Corp.

     20,134        1,229,584  
     

 

 

 
Total Software

 

     2,768,280  

 

See Notes to Financial Statements.

 

WisdomTree Trust      103  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Value Fund (WTV)

September 30, 2022

 

 

 

Investments    Shares      Value  
Specialty Retail – 5.2%

 

Advance Auto Parts, Inc.

     4,124      $ 644,746  

AutoNation, Inc.*

     10,718        1,091,843  

Bath & Body Works, Inc.

     10,915        355,829  

Best Buy Co., Inc.

     8,571        542,887  

Dick’s Sporting Goods, Inc.

     5,438        569,033  

Home Depot, Inc.

     1,712        472,409  

Lowe’s Cos., Inc.

     5,000        939,050  

Williams-Sonoma, Inc.

     5,453        642,636  
     

 

 

 
Total Specialty Retail

 

     5,258,433  
Technology Hardware, Storage & Peripherals – 2.0%

 

Apple, Inc.

     10,071        1,391,812  

HP, Inc.

     24,298        605,506  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     1,997,318  
Textiles, Apparel & Luxury Goods – 0.4%

 

Crocs, Inc.*

     5,896        404,819  
Tobacco – 1.1%

 

Altria Group, Inc.

     28,316        1,143,400  
Trading Companies & Distributors – 0.6%

 

W.W. Grainger, Inc.

     1,183        578,712  

TOTAL COMMON STOCKS

(Cost: $113,714,516)

 

 

     100,809,666  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.8%

 

United States – 0.8%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(b)

 

  
(Cost: $790,608)      790,608      790,608  

TOTAL INVESTMENTS IN SECURITIES – 100.6%

(Cost: $114,505,124)

 

 

     101,600,274  

Other Assets less Liabilities – (0.6)%

 

     (602,711
     

 

 

 
NET ASSETS – 100.0%

 

   $ 100,997,563  

 

*

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $1,398,092 and the total market value of the collateral held by the Fund was $1,475,229. The total market value of the collateral includes non-cash U.S. Government and U.S. Government Agencies securities collateral having a value of $684,621.

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FAIR VALUATION SUMMARY               

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted
Prices in
Active

Markets
(Level 1)

     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 100,809,666      $      $      $ 100,809,666  

Investment of Cash Collateral for Securities Loaned

            790,608               790,608  

Total Investments in Securities

   $ 100,809,666      $ 790,608      $      $ 101,600,274  

 

See Notes to Financial Statements.

 

104   WisdomTree Trust


Statements of Assets and Liabilities (unaudited)

WisdomTree Trust

 

September

30, 2022

 

 

 

      WisdomTree U.S.
AI Enhanced
Value Fund
     WisdomTree
U.S. ESG Fund
     WisdomTree
U.S. Growth &
Momentum
Fund
     WisdomTree
U.S. High
Dividend Fund
     WisdomTree
U.S. LargeCap
Dividend Fund
 

ASSETS:

              

Investments, at cost

   $ 470,067,081      $ 60,538,602      $ 2,678,382      $ 1,140,430,447      $ 2,856,729,036  

Investment in affiliates, at cost (Note 3)

                          1,236,613        102,700  

Investments in securities, at value1,2 (Note 2)

     385,473,812        63,278,409        2,569,476        1,126,472,616        3,247,400,202  

Investment in affiliates, at value (Note 3)

                          1,209,564        95,281  

Cash

     1,486,504        20,799        1,494        1,183,138        3,156,257  

Receivables:

              

Dividends

     788,110        63,977        1,033        3,576,498        5,658,887  

Securities lending income

     34,970        229               2,254        5,409  

Total Assets

     387,783,396        63,363,414        2,572,003        1,132,444,070        3,256,316,036  

LIABILITIES:

 

Payables:

              

Cash collateral received for securities loaned (Note 2)

     8,005,264        133,020               2,153,937        204,309  

Investment securities purchased

                          973,749         

Advisory fees (Note 3)

     128,712        15,582        1,208        369,773        795,774  

Service fees (Note 2)

     1,490        245        10        4,284        12,511  

Total Liabilities

     8,135,466        148,847        1,218        3,501,743        1,012,594  

NET ASSETS

   $ 379,647,930      $ 63,214,567      $ 2,570,785      $ 1,128,942,327      $ 3,255,303,442  

NET ASSETS:

              

Paid-in capital

   $ 562,490,472      $ 69,765,369      $ 4,390,729      $ 1,211,649,431      $ 3,050,487,155  

Total distributable earnings (loss)

     (182,842,542      (6,550,802      (1,819,944      (82,707,104      204,816,287  

NET ASSETS

   $ 379,647,930      $ 63,214,567      $ 2,570,785      $ 1,128,942,327      $ 3,255,303,442  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     4,650,000        1,650,000        140,000        14,900,000        59,000,000  

Net asset value per share

   $ 81.64      $ 38.31      $ 18.36      $ 75.77      $ 55.17  

1 Includes market value of securities out on loan of:

   $ 9,129,740      $ 131,118             $ 10,679,125      $ 218,288  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

  

 

See Notes to Financial Statements.

 

WisdomTree Trust      105  


Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Trust

 

September

30, 2022

 

 

 

      WisdomTree
U.S. LargeCap
Fund
     WisdomTree
U.S. MidCap
Dividend Fund
     WisdomTree
U.S. MidCap
Fund
     WisdomTree
U.S. Multifactor
Fund
     WisdomTree
U.S. Quality
Dividend
Growth Fund
 

ASSETS:

              

Investments, at cost

   $ 612,013,015      $ 2,860,416,638      $ 740,376,242      $ 226,347,061      $ 6,457,085,801  

Investment in affiliates, at cost (Note 3)

     385,091        923,739        902,871                

Investments in securities, at value1,2 (Note 2)

     556,717,937        2,842,675,633        669,738,660        207,868,343        6,349,339,723  

Investment in affiliates, at value (Note 3)

     368,361        870,124        878,012                

Cash

     262,802        1,902,523        288,796        147,003        2,127,830  

Receivables:

              

Investment securities sold

            1,893,061                       

Capital shares sold

                          860,791        26,912,980  

Dividends

     482,104        5,598,123        573,180        218,353        14,375,271  

Securities lending income

     4,129        17,389        8,008        6,299        52,609  

Total Assets

     557,835,333        2,852,956,853        671,486,656        209,100,789        6,392,808,413  

LIABILITIES:

 

Payables:

 

Cash collateral received for securities loaned (Note 2)

     14,225        30,311,924        12,664,723        2,409,594        10,196,003  

Investment securities purchased

                   3,863,801        862,486        26,887,649  

Capital shares redeemed

            1,895,598                       

Advisory fees (Note 3)

     39,957        949,854        213,777        49,873        1,543,946  

Service fees (Note 2)

     2,197        11,006        2,480        784        24,262  

Total Liabilities

     56,379        33,168,382        16,744,781        3,322,737        38,651,860  

NET ASSETS

   $ 557,778,954      $ 2,819,788,471      $ 654,741,875      $ 205,778,052      $ 6,354,156,553  

NET ASSETS:

              

Paid-in capital

   $ 628,371,876      $ 3,179,911,528      $ 799,656,943      $ 248,080,034      $ 6,594,282,561  

Total distributable earnings (loss)

     (70,592,922      (360,123,057      (144,915,068      (42,301,982      (240,126,008

NET ASSETS

   $ 557,778,954      $ 2,819,788,471      $ 654,741,875      $ 205,778,052      $ 6,354,156,553  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     14,550,000        74,850,000        14,900,000        6,025,000        118,050,000  

Net asset value per share

   $ 38.34      $ 37.67      $ 43.94      $ 34.15      $ 53.83  

1 Includes market value of securities out on loan of:

   $ 386,242      $ 68,591,795      $ 34,197,023      $ 2,313,382      $ 17,574,223  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

  

 

See Notes to Financial Statements.

 

106   WisdomTree Trust


Statements of Assets and Liabilities (unaudited) (concluded)

WisdomTree Trust

 

September

30, 2022

 

 

 

      WisdomTree
U.S. SmallCap
Dividend Fund
     WisdomTree
U.S. SmallCap
Fund
     WisdomTree
U.S. SmallCap
Quality Dividend
Growth Fund
     WisdomTree
U.S. Total
Dividend Fund
     WisdomTree
U.S. Value Fund
 

ASSETS:

              

Investments, at cost

   $ 1,819,036,732      $ 644,218,530      $ 227,378,400      $ 843,742,219      $ 114,505,124  

Investment in affiliates, at cost (Note 3)

     813,747        2,298,365                       

Investments in securities, at value1,2 (Note 2)

     1,626,316,401        547,708,100        188,821,646        956,721,163        101,600,274  

Investment in affiliates, at value (Note 3)

     732,907        2,093,140                       

Cash

     1,313,762        160,570        137,772        805,572        65,946  

Receivables:

              

Capital shares sold

     6,494,112                             510,088  

Dividends

     3,431,346        394,751        287,081        1,730,474        128,620  

Securities lending income

     51,604        17,440        1,814        3,625        3,985  

Total Assets

     1,638,340,132        550,374,001        189,248,313        959,260,834        102,308,913  

LIABILITIES:

 

Payables:

 

Cash collateral received for securities loaned (Note 2)

     19,569,650        9,870,120        725,581        1,591,321        790,608  

Investment securities purchased

     6,489,031                             509,996  

Advisory fees (Note 3)

     540,554        183,760        65,362        238,495        10,366  

Service fees (Note 2)

     6,262        2,132        756        3,747        380  

Total Liabilities

     26,605,497        10,056,012        791,699        1,833,563        1,311,350  

NET ASSETS

   $ 1,611,734,635      $ 540,317,989      $ 188,456,614      $ 957,427,271      $ 100,997,563  

NET ASSETS:

              

Paid-in capital

   $ 2,156,143,576      $ 678,514,295      $ 240,696,388      $ 922,913,685      $ 119,414,787  

Total distributable earnings (loss)

     (544,408,941      (138,196,306      (52,239,774      34,513,586        (18,417,224

NET ASSETS

   $ 1,611,734,635      $ 540,317,989      $ 188,456,614      $ 957,427,271      $ 100,997,563  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     62,600,000        13,800,000        5,245,000        17,650,000        1,980,000  

Net asset value per share

   $ 25.75      $ 39.15      $ 35.93      $ 54.25      $ 51.01  

1 Includes market value of securities out on loan of:

   $ 63,000,898      $ 29,726,710      $ 1,418,151      $ 4,177,310      $ 1,398,092  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

  

 

See Notes to Financial Statements.

 

WisdomTree Trust      107  


Statements of Operations (unaudited)

WisdomTree Trust

 

For

the Six Months Ended September 30, 2022

 

 

 

      WisdomTree
U.S. AI Enhanced
Value Fund
     WisdomTree
U.S. ESG Fund
     WisdomTree
U.S. Growth &
Momentum
Fund1
     WisdomTree
U.S. High
Dividend Fund
     WisdomTree
U.S. LargeCap
Dividend Fund
 

INVESTMENT INCOME:

              

Dividends

   $ 5,554,126      $ 623,867      $ 9,346      $ 23,837,699      $ 50,940,454  

Dividends from affiliates (Note 3)

                          25,721        61,799  

Securities lending income, net (Note 2)

     68,471        1,781        14        14,105        37,831  

Less: Foreign withholding taxes on dividends

                   (114      (911       

Total investment income

     5,622,597        625,648        9,246        23,876,614        51,040,084  

EXPENSES:

              

Advisory fees (Note 3)

     851,564        98,904        8,595        2,174,346        4,821,229  

Service fees (Note 2)

     9,860        1,554        69        25,177        75,762  

Total expenses

     861,424        100,458        8,664        2,199,523        4,896,991  

Expense waivers (Note 3)

                          (1,272      (2,045

Net expenses

     861,424        100,458        8,664        2,198,251        4,894,946  

Net investment income

     4,761,173        525,190        582        21,678,363        46,145,138  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

              

Investment transactions

     (4,695,725      (1,763,544      (812,912      (1,962,023      75,297  

Investment transactions in affiliates (Note 3)

                          (329,380      (609,447

In-kind redemptions

     702,464               39,316        2,777,328        14,735,611  

Foreign currency contracts

                   (1              

Foreign currency related transactions

                   2                

Net realized gain (loss)

     (3,993,261      (1,763,544      (773,595      485,925        14,201,461  

Net increase (decrease) in unrealized appreciation/depreciation:

              

Investment transactions

     (78,240,533      (14,191,788      17,192        (173,567,978      (602,713,798

Investment transactions in affiliates (Note 3)

                          (64,942      (59,749

Translation of assets and liabilities denominated in foreign currencies

                   (3              

Net increase (decrease) in unrealized appreciation/depreciation

     (78,240,533      (14,191,788      17,189        (173,632,920      (602,773,547

Net realized and unrealized loss on investments

     (82,233,794      (15,955,332      (756,406      (173,146,995      (588,572,086

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ (77,472,621    $ (15,430,142    $ (755,824    $ (151,468,632    $ (542,426,948

 

See Notes to Financial Statements.

 

108   WisdomTree Trust


Statements of Operations (unaudited) (continued)

WisdomTree Trust

 

For

the Six Months Ended September 30, 2022

 

 

 

      WisdomTree
U.S. LargeCap
Fund
     WisdomTree
U.S. MidCap
Dividend Fund
     WisdomTree
U.S. MidCap
Fund
     WisdomTree
U.S. Multifactor
Fund
     WisdomTree
U.S. Quality
Dividend Growth
Fund
 

INVESTMENT INCOME:

              

Dividends

   $ 6,313,665      $ 50,665,147      $ 7,012,724      $ 2,205,659      $ 83,414,155  

Dividends from affiliates (Note 3)

     11,272        53,213        37,991                

Interest

                          144         

Securities lending income, net (Note 2)

     15,668        82,604        46,216        31,037        291,124  

Total investment income

     6,340,605        50,800,964        7,096,931        2,236,840        83,705,279  

EXPENSES:

              

Advisory fees (Note 3)

     256,992        5,868,452        1,388,215        302,666        9,272,658  

Service fees (Note 2)

     14,135        67,950        16,074        4,756        145,713  

Total expenses

     271,127        5,936,402        1,404,289        307,422        9,418,371  

Expense waivers (Note 3)

            (2,473      (2,095              

Net expenses

     271,127        5,933,929        1,402,194        307,422        9,418,371  

Net investment income

     6,069,478        44,867,035        5,694,737        1,929,418        74,286,908  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

              

Investment transactions

     (7,345,111      9,654,606        2,725,696        (8,940,434      (5,093,565

Investment transactions in affiliates (Note 3)

     (6,082      (131,106      (245,867              

In-kind redemptions

     19,581,687        11,267,993        4,586,508        3,638,962        198,204,914  

Futures contracts

                          93,157         

Net realized gain (loss)

     12,230,494        20,791,493        7,066,337        (5,208,315      193,111,349  

Net increase (decrease) in unrealized appreciation/depreciation:

              

Investment transactions

     (156,148,584      (516,023,567      (165,164,219      (34,566,715      (1,294,313,957

Investment transactions in affiliates (Note 3)

     (90,933      (194,279      (185,476              

Net decrease in unrealized appreciation/depreciation

     (156,239,517      (516,217,846      (165,349,695      (34,566,715      (1,294,313,957

Net realized and unrealized loss on investments

     (144,009,023      (495,426,353      (158,283,358      (39,775,030      (1,101,202,608

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ (137,939,545    $ (450,559,318    $ (152,588,621    $ (37,845,612    $ (1,026,915,700

 

See Notes to Financial Statements.

 

WisdomTree Trust      109  


Statements of Operations (unaudited) (concluded)

WisdomTree Trust

 

For

the Six Months Ended September 30, 2022

 

 

 

      WisdomTree
U.S. SmallCap
Dividend Fund
     WisdomTree
U.S. SmallCap
Fund
     WisdomTree
U.S. SmallCap
Quality Dividend
Growth Fund
     WisdomTree
U.S. Total
Dividend Fund
     WisdomTree
U.S. Value Fund
 

INVESTMENT INCOME:

              

Dividends

   $ 33,152,537      $ 5,174,948      $ 3,566,613      $ 16,016,902      $ 1,230,179  

Dividends from affiliates (Note 3)

     14,113        15,647                       

Securities lending income, net (Note 2)

     328,686        144,530        5,919        14,988        21,493  

Less: Foreign withholding taxes on dividends

     (12,883             (3,985      (1,576       

Total investment income

     33,482,453        5,335,125        3,568,547        16,030,314        1,251,672  

EXPENSES:

              

Advisory fees (Note 3)

     3,407,808        1,157,433        413,578        1,481,425        65,712  

Service fees (Note 2)

     39,459        13,402        4,788        23,279        2,410  

Total expenses

     3,447,267        1,170,835        418,366        1,504,704        68,122  

Expense waivers (Note 3)

     (887      (947                     

Net expenses

     3,446,380        1,169,888        418,366        1,504,704        68,122  

Net investment income

     30,036,073        4,165,237        3,150,181        14,525,610        1,183,550  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

              

Investment transactions

     1,415,124        4,732,529        52,500        (382,109      (720,762

Investment transactions in affiliates (Note 3)

     (214,698      (118,405                     

In-kind redemptions

     4,412,469        18,831,648        2,029,619        6,182,700        876,991  

Net realized gain

     5,612,895        23,445,772        2,082,119        5,800,591        156,229  

Net increase (decrease) in unrealized appreciation/depreciation:

              

Investment transactions

     (383,027,445      (145,343,774      (48,045,646      (182,585,376      (19,598,901

Investment transactions in affiliates (Note 3)

     (92,550      (205,225                     

Net decrease in unrealized appreciation/depreciation

     (383,119,995      (145,548,999      (48,045,646      (182,585,376      (19,598,901

Net realized and unrealized loss on investments

     (377,507,100      (122,103,227      (45,963,527      (176,784,785      (19,442,672

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ (347,471,027    $ (117,937,990    $ (42,813,346    $ (162,259,175    $ (18,259,122

 

See Notes to Financial Statements.

 

110   WisdomTree Trust


Statements of Changes in Net Assets

WisdomTree Trust

 

 

 

 

     WisdomTree
U.S. AI Enhanced Value Fund
    WisdomTree
U.S. ESG Fund
    WisdomTree
U.S. Growth &
Momentum Fund
 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the Period
June 24, 2021*
through
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income (loss)

  $ 4,761,173     $ 15,136,617     $ 525,190     $ 1,127,775     $ 582     $ (7,167

Net realized gain (loss) on investments and foreign currency related transactions

    (3,993,261     110,989,505       (1,763,544     14,734,123       (773,595     (1,068,369

Net increase (decrease) in unrealized appreciation/depreciation on investments and translation of assets and liabilities denominated in foreign currencies

    (78,240,533     (82,660,701     (14,191,788     (5,774,969     17,189       (126,098

Net increase (decrease) in net assets resulting from operations

    (77,472,621     43,465,421       (15,430,142     10,086,929       (755,824     (1,201,634

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (4,737,750     (15,541,024     (491,500     (1,160,908            

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

          364,669,874       2,078,530       24,008,059             16,954,907  

Cost of shares redeemed

    (30,777,714     (455,449,072           (44,250,848     (768,875     (11,657,889

Net increase (decrease) in net assets resulting from capital share transactions

    (30,777,714     (90,779,198     2,078,530       (20,242,789     (768,875     5,297,018  

Net Increase (Decrease) in Net Assets

    (112,988,085     (62,854,801     (13,843,112     (11,316,768     (1,524,699     4,095,384  

NET ASSETS:

 

Beginning of period

  $ 492,636,015     $ 555,490,816     $ 77,057,679     $ 88,374,447     $ 4,095,484     $ 100  

End of period

  $ 379,647,930     $ 492,636,015     $ 63,214,567     $ 77,057,679     $ 2,570,785     $ 4,095,484  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    4,975,000       5,900,000       1,600,000       2,025,000       180,000       4  

Shares created

          3,575,000       50,000       500,000             640,000  

Shares redeemed

    (325,000     (4,500,000           (925,000     (40,000     (460,004

Shares outstanding, end of period

    4,650,000       4,975,000       1,650,000       1,600,000       140,000       180,000  

*   Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

    

 

See Notes to Financial Statements.

 

WisdomTree Trust      111  


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     WisdomTree
U.S. High Dividend Fund
    WisdomTree
U.S. LargeCap Dividend Fund
    WisdomTree
U.S. LargeCap Fund
 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 21,678,363     $ 29,968,480     $ 46,145,138     $ 71,309,015     $ 6,069,478     $ 10,220,429  

Net realized gain on investments

    485,925       34,020,031       14,201,461       226,192,471       12,230,494       62,532,483  

Net increase (decrease) in unrealized appreciation/depreciation on investments

    (173,632,920     86,294,447       (602,773,547     189,915,124       (156,239,517     (7,580,689

Net increase (decrease) in net assets resulting from operations

    (151,468,632     150,282,958       (542,426,948     487,416,610       (137,939,545     65,172,223  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (24,516,750     (25,589,520     (47,163,500     (68,529,090     (6,193,500     (10,044,472

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    292,439,210       138,112,763       460,798,510       622,081,915       76,333,246       307,846,850  

Cost of shares redeemed

    (12,471,502     (11,880,667     (43,144,267     (437,197,112     (71,374,096     (176,815,594

Net increase in net assets resulting from capital share transactions

    279,967,708       126,232,096       417,654,243       184,884,803       4,959,150       131,031,256  

Net Increase (Decrease) in Net Assets

    103,982,326       250,925,534       (171,936,205     603,772,323       (139,173,895     186,159,007  

NET ASSETS:

 

Beginning of period

  $ 1,024,960,001     $ 774,034,467     $ 3,427,239,647     $ 2,823,467,324     $ 696,952,849     $ 510,793,842  

End of period

  $ 1,128,942,327     $ 1,024,960,001     $ 3,255,303,442     $ 3,427,239,647     $ 557,778,954     $ 696,952,849  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    11,650,000       10,150,000       52,200,000       49,300,000 1      14,450,000       11,800,000  

Shares created

    3,400,000       1,650,000       7,500,000       9,750,000 1      1,750,000       6,300,000  

Shares redeemed

    (150,000     (150,000     (700,000     (6,850,000 )1      (1,650,000     (3,650,000

Shares outstanding, end of period

    14,900,000       11,650,000       59,000,000       52,200,000 1      14,550,000       14,450,000  

1 Shares were adjusted to reflect a 2:1 stock split effective December 23, 2021.

  

 

See Notes to Financial Statements.

 

112   WisdomTree Trust


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     WisdomTree
U.S. MidCap Dividend Fund
    WisdomTree
U.S. MidCap Fund
    WisdomTree
U.S. Multifactor Fund
 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 44,867,035     $ 70,558,159     $ 5,694,737     $ 10,342,875     $ 1,929,418     $ 2,443,274  

Net realized gain (loss) on investments and futures contracts

    20,791,493       262,415,278       7,066,337       90,711,596       (5,208,315     15,977,931  

Net increase (decrease) in unrealized appreciation/depreciation on investments

    (516,217,846     7,598,204       (165,349,695     (41,702,853     (34,566,715     (3,360,106

Net increase (decrease) in net assets resulting from operations

    (450,559,318     340,571,641       (152,588,621     59,351,618       (37,845,612     15,061,099  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (44,353,750     (69,041,808     (5,565,000     (10,460,358     (1,931,625     (2,386,625

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    168,288,889       742,558,113       42,206,969       301,475,820       43,416,008       116,237,028  

Cost of shares redeemed

    (64,186,089     (707,983,566     (40,983,971     (245,691,713     (21,809,842     (53,452,146

Net increase in net assets resulting from capital share transactions

    104,102,800       34,574,547       1,222,998       55,784,107       21,606,166       62,784,882  

Net Increase (Decrease) in Net Assets

    (390,810,268     306,104,380       (156,930,623     104,675,367       (18,171,071     75,459,356  

NET ASSETS:

 

Beginning of period

  $ 3,210,598,739     $ 2,904,494,359     $ 811,672,498     $ 706,997,131     $ 223,949,123     $ 148,489,767  

End of period

  $ 2,819,788,471     $ 3,210,598,739     $ 654,741,875     $ 811,672,498     $ 205,778,052     $ 223,949,123  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    72,450,000       71,900,000       14,850,000       13,900,000       5,475,000       3,925,000  

Shares created

    4,000,000       17,050,000       900,000       5,500,000       1,125,000       2,900,000  

Shares redeemed

    (1,600,000     (16,500,000     (850,000     (4,550,000     (575,000     (1,350,000

Shares outstanding, end of period

    74,850,000       72,450,000       14,900,000       14,850,000       6,025,000       5,475,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      113  


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     WisdomTree
U.S. Quality Dividend Growth Fund
    WisdomTree
U.S. SmallCap Dividend Fund
    WisdomTree
U.S. SmallCap Fund
 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 74,286,908     $ 127,306,795     $ 30,036,073     $ 49,803,105     $ 4,165,237     $ 9,482,851  

Net realized gain on investments

    193,111,349       586,169,172       5,612,895       138,473,135       23,445,772       68,605,988  

Net increase (decrease) in unrealized appreciation/depreciation on investments

    (1,294,313,957     54,598,644       (383,119,995     (98,326,308     (145,548,999     (63,418,077

Net increase (decrease) in net assets resulting from operations

    (1,026,915,700     768,074,611       (347,471,027     89,949,932       (117,937,990     14,670,762  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (78,224,250     (123,175,321     (27,028,750     (48,960,885     (3,775,250     (10,226,320

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    1,176,516,084       2,834,445,980       130,322,128       380,148,570       83,391,004       240,692,318  

Cost of shares redeemed

    (750,538,033     (2,022,674,106     (25,633,185     (369,415,022     (114,092,136     (161,731,595

Net increase (decrease) in net assets resulting from capital share transactions

    425,978,051       811,771,874       104,688,943       10,733,548       (30,701,132     78,960,723  

Net Increase (Decrease) in Net Assets

    (679,161,899     1,456,671,164       (269,810,834     51,722,595       (152,414,372     83,405,165  

NET ASSETS:

 

Beginning of period

  $ 7,033,318,452     $ 5,576,647,288     $ 1,881,545,469     $ 1,829,822,874     $ 692,732,361     $ 609,327,196  

End of period

  $ 6,354,156,553     $ 7,033,318,452     $ 1,611,734,635     $ 1,881,545,469     $ 540,317,989     $ 692,732,361  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    110,650,000       97,600,000       59,050,000       58,850,000       14,450,000       12,900,000  

Shares created

    19,850,000       44,950,000       4,450,000       11,850,000       1,900,000       4,850,000  

Shares redeemed

    (12,450,000     (31,900,000     (900,000     (11,650,000     (2,550,000     (3,300,000

Shares outstanding, end of period

    118,050,000       110,650,000       62,600,000       59,050,000       13,800,000       14,450,000  

 

See Notes to Financial Statements.

 

114   WisdomTree Trust


Statements of Changes in Net Assets (concluded)

WisdomTree Trust

 

 

 

 

     WisdomTree
U.S. SmallCap Quality Dividend
Growth Fund
    WisdomTree
U.S. Total Dividend Fund
    WisdomTree
U.S. Value Fund
 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 3,150,181     $ 5,138,956     $ 14,525,610     $ 22,786,482     $ 1,183,550     $ 1,471,659  

Net realized gain on investments

    2,082,119       15,800,698       5,800,591       74,857,941       156,229       7,616,832  

Net increase (decrease) in unrealized appreciation/depreciation on investments

    (48,045,646     (22,533,592     (182,585,376     49,959,306       (19,598,901     (1,931,528

Net increase (decrease) in net assets resulting from operations

    (42,813,346     (1,593,938     (162,259,175     147,603,729       (18,259,122     7,156,963  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (3,045,700     (5,126,380     (15,487,250     (21,438,300     (1,212,650     (1,432,409

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    26,322,063       86,414,103       69,148,511       224,200,288       10,932,802       79,294,095  

Cost of shares redeemed

    (16,839,188     (42,593,588     (14,603,899     (145,267,142     (4,177,886     (29,744,857

Net increase in net assets resulting from capital share transactions

    9,482,875       43,820,515       54,544,612       78,933,146       6,754,916       49,549,238  

Net Increase (Decrease) in Net Assets

    (36,376,171     37,100,197       (123,201,813     205,098,575       (12,716,856     55,273,792  

NET ASSETS:

 

Beginning of period

  $ 224,832,785     $ 187,732,588     $ 1,080,629,084     $ 875,530,509     $ 113,714,419     $ 58,440,627  

End of period

  $ 188,456,614     $ 224,832,785     $ 957,427,271     $ 1,080,629,084     $ 100,997,563     $ 113,714,419  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    5,035,000       4,085,000       16,750,000       15,500,000 1      1,850,000       1,040,000 2 

Shares created

    630,000       1,880,000       1,150,000       3,550,000 1      200,000       1,290,000 2 

Shares redeemed

    (420,000     (930,000     (250,000     (2,300,000 )1      (70,000     (480,000 )2 

Shares outstanding, end of period

    5,245,000       5,035,000       17,650,000       16,750,000 1      1,980,000       1,850,000 2 

1 Shares were adjusted to reflect a 2:1 stock split effective December 23, 2021.

  

2 Shares were adjusted to reflect a 2:1 stock split effective June 10, 2021.

  

 

See Notes to Financial Statements.

 

WisdomTree Trust      115  


Financial Highlights

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. AI
Enhanced Value Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 20221
    For the
Year Ended
March 31, 20211
    For the
Year Ended
March 31, 20201
    For the
Year Ended
March 31, 20191
    For the
Year Ended
March 31, 20181
 

Net asset value, beginning of period

  $ 99.02     $ 94.15     $ 64.64     $ 85.52     $ 84.43     $ 82.50  

Investment operations:

 

Net investment income2

    0.99       2.70       2.67       3.11       3.06       2.73  

Net realized and unrealized gain (loss)

    (17.36     4.95       29.49       (20.83     1.05       1.96  

Total from investment operations

    (16.37     7.65       32.16       (17.72     4.11       4.69  

Dividends and distributions to shareholders:

 

Net investment income

    (1.01     (2.78     (2.65     (3.16     (2.96     (2.76

Capital gains

                            (0.06      

Total dividends and distributions to shareholders

    (1.01     (2.78     (2.65     (3.16     (3.02     (2.76

Net asset value, end of period

  $ 81.64     $ 99.02     $ 94.15     $ 64.64     $ 85.52     $ 84.43  

TOTAL RETURN3

    (16.58 )%      8.19     50.69     (21.49 )%      4.99     5.71

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 379,648     $ 492,636     $ 555,491     $ 543,010     $ 791,069     $ 810,510  

Ratios to average net assets4 of:

 

Expenses5

    0.38 %6      0.38     0.38     0.38     0.38     0.38

Net investment income

    2.12 %6      2.76     3.40     3.61     3.57     3.22

Portfolio turnover rate7

    79     96 %8,9      47     46     32     34

 

             
WisdomTree U.S. ESG Fund   For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 202010
    For the
Year Ended
March 31, 201910
    For the
Year Ended
March 31, 201810,11
 

Net asset value, beginning of period

  $ 48.16     $ 43.64     $ 27.48     $ 32.29     $ 31.09     $ 27.89  

Investment operations:

 

Net investment income2

    0.32       0.57       0.47       0.64       0.60       0.53  

Net realized and unrealized gain (loss)

    (9.87     4.55       16.16       (4.62     1.29       3.17  

Total from investment operations

    (9.55     5.12       16.63       (3.98     1.89       3.70  

Dividends to shareholders:

 

Net investment income

    (0.30     (0.60     (0.47     (0.83     (0.69     (0.50

Net asset value, end of period

  $ 38.31     $ 48.16     $ 43.64     $ 27.48     $ 32.29     $ 31.09  

TOTAL RETURN3

    (19.86 )%      11.73     60.80     (12.73 )%      6.34     13.31

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 63,215     $ 77,058     $ 88,374     $ 72,824     $ 113,025     $ 69,946  

Ratios to average net assets of:

 

Expenses

    0.28 %6      0.28     0.28     0.28     0.28     0.28

Net investment income

    1.49 %6      1.20     1.29     1.90     1.89     1.75

Portfolio turnover rate7

    23     69     78     56     22     22
1 

The information reflects the investment objective and strategy of the WisdomTree U.S. Dividend ex-Financials Fund through January 17, 2022 and the investment objective and strategy of the WisdomTree U.S. AI Enhanced Value Fund thereafter.

 

2 

Based on average shares outstanding.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees for the WisdomTree U.S. AI Enhanced Value Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

5 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

6 

Annualized.

 

7 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

8

The increase in the portfolio turnover rate was primarily a result of the change in investment objective and strategy on January 18, 2022.

 

9

On January 7, 2022, Voya Investment Management Co., LLC replaced Mellon Investments Corporation as sub-advisor to the Fund.

 

10 

The information reflects the investment objective and strategy of the WisdomTree U.S. Total Market Fund through March 16, 2020 and the investment objective and strategy of the WisdomTree U.S. ESG Fund thereafter.

 

11 

Per share amounts were adjusted to reflect a 3:1 stock split effective November 10, 2017.

 

See Notes to Financial Statements.

 

116   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. Growth & Momentum Fund                                    For the
Six Months Ended
September 30, 2022
(unaudited)
     For the Period
June 24, 2021*
through
March 31, 2022
 

Net asset value, beginning of period

                                       $ 22.75      $ 25.66  

Investment operations:

 

Net investment income (loss)1

                 0.00 2       (0.03

Net realized and unrealized loss

                                         (4.39      (2.88

Total from investment operations

                                         (4.39      (2.91

Net asset value, end of period

                                       $ 18.36      $ 22.75  

TOTAL RETURN3

                                         (19.30 )%       (11.34 )% 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

               $ 2,571      $ 4,095  

Ratios to average net assets of:

 

Expenses

                 0.55 %4       0.55 %4 

Net investment income (loss)

                                         0.04 %4       (0.15 )%4 

Portfolio turnover rate5

                                         272      254

 

             
WisdomTree U.S. High Dividend
Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 87.98     $ 76.26     $ 56.58     $ 72.49     $ 68.11     $ 68.48  

Investment operations:

 

Net investment income1

    1.61       2.88       2.71       2.65       2.49       2.21  

Net realized and unrealized gain (loss)

    (12.02     11.30       19.94       (15.81     4.28       (0.34

Total from investment operations

    (10.41     14.18       22.65       (13.16     6.77       1.87  

Dividends to shareholders:

 

Net investment income

    (1.80     (2.46     (2.97     (2.75     (2.39     (2.24

Net asset value, end of period

  $ 75.77     $ 87.98     $ 76.26     $ 56.58     $ 72.49     $ 68.11  

TOTAL RETURN3

    (12.02 )%      18.96     40.97     (18.99 )%      10.15     2.69

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 1,128,942     $ 1,024,960     $ 774,034     $ 678,935     $ 953,276     $ 1,035,295  

Ratios to average net assets6 of:

 

Expenses7

    0.38 %4      0.38     0.38     0.38     0.38     0.38 %8 

Net investment income

    3.79 %4      3.56     4.13     3.63     3.55     3.17

Portfolio turnover rate5

    2     38     43     39     20     17
*

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1 

Based on average shares outstanding.

 

2 

Amount represents less than $0.01.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees for the WisdomTree U.S. High Dividend Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

Annualized.

 

5 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

6 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

7 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

8 

Included in the expense ratio are legal expenses. Without these legal expenses, the annualized expense ratio would have been unchanged.

 

See Notes to Financial Statements.

 

WisdomTree Trust      117  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. LargeCap
Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 20221
    For the
Year Ended
March 31, 20211
    For the
Year Ended
March 31, 20201
    For the
Year Ended
March 31, 20191
    For the
Year Ended
March 31, 20181
 

Net asset value, beginning of period

  $ 65.66     $ 57.27     $ 40.47     $ 47.11     $ 44.25     $ 41.46  

Investment operations:

 

Net investment income2

    0.83       1.42       1.36       1.36       1.27       1.11  

Net realized and unrealized gain (loss)

    (10.48     8.33       16.79       (6.64     2.83       2.79  

Total from investment operations

    (9.65     9.75       18.15       (5.28     4.10       3.90  

Dividends to shareholders:

 

Net investment income

    (0.84     (1.36     (1.35     (1.36     (1.24     (1.11

Net asset value, end of period

  $ 55.17     $ 65.66     $ 57.27     $ 40.47     $ 47.11     $ 44.25  

TOTAL RETURN3

    (14.81 )%      17.16     45.40     (11.62 )%      9.44     9.44

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 3,255,303     $ 3,427,240     $ 2,823,467     $ 1,849,693     $ 2,034,965     $ 1,933,552  

Ratios to average net assets4 of:

 

Expenses5

    0.28 %6      0.28     0.28     0.28     0.28     0.28

Net investment income

    2.68 %6      2.28     2.73     2.76     2.79     2.54

Portfolio turnover rate7

    1     19     20     13     11     10

 

             
WisdomTree U.S. LargeCap Fund   For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 20188
 

Net asset value, beginning of period

  $ 48.23     $ 43.29     $ 28.10     $ 31.77     $ 30.30     $ 27.14  

Investment operations:

 

Net investment income2

    0.41       0.78       0.73       0.73       0.60       0.53  

Net realized and unrealized gain (loss)

    (9.88     4.92       15.19       (3.72     1.46       3.11  

Total from investment operations

    (9.47     5.70       15.92       (2.99     2.06       3.64  

Dividends to shareholders:

 

Net investment income

    (0.42     (0.76     (0.73     (0.68     (0.59     (0.48

Net asset value, end of period

  $ 38.34     $ 48.23     $ 43.29     $ 28.10     $ 31.77     $ 30.30  

TOTAL RETURN3

    (19.68 )%      13.19     57.11     (9.65 )%      6.93     13.49

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 557,779     $ 696,953     $ 510,794     $ 341,423     $ 239,851     $ 184,813  

Ratios to average net assets4 of:

 

Expenses

    0.08 %6      0.08     0.08     0.08 %5      0.28 %5      0.28 %5 

Net investment income

    1.89 %6      1.65     2.00     2.16     1.94     1.80

Portfolio turnover rate7

    6     22     21     22     14     17
1 

Per share amounts were adjusted to reflect a 2:1 stock split effective December 23, 2021 (Note 7).

 

2 

Based on average shares outstanding.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

5 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

6 

Annualized.

 

7 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

8 

Per share amounts were adjusted to reflect a 3:1 stock split effective November 10, 2017.

 

See Notes to Financial Statements.

 

118   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. MidCap
Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 20181
 

Net asset value, beginning of period

  $ 44.31     $ 40.40     $ 24.19     $ 35.76     $ 34.11     $ 32.50  

Investment operations:

 

Net investment income2

    0.61       0.99       0.80       1.01       0.82       0.76  

Net realized and unrealized gain (loss)

    (6.65     3.89       16.24       (11.56     1.61       1.59  

Total from investment operations

    (6.04     4.88       17.04       (10.55     2.43       2.35  

Dividends to shareholders:

 

Net investment income

    (0.60     (0.97     (0.83     (1.02     (0.78     (0.74

Net asset value, end of period

  $ 37.67     $ 44.31     $ 40.40     $ 24.19     $ 35.76     $ 34.11  

TOTAL RETURN3

    (13.73 )%      12.17     71.52     (30.28 )%      7.21     7.30

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 2,819,788     $ 3,210,599     $ 2,904,494     $ 2,485,261     $ 3,733,683     $ 3,064,477  

Ratios to average net assets4 of:

 

Expenses5

    0.38 %6      0.38     0.38     0.38     0.38     0.38 %7 

Net investment income

    2.91 %6      2.31     2.55     2.84     2.34     2.26

Portfolio turnover rate8

    2     38     57     33     27     27

 

             
WisdomTree U.S. MidCap Fund   For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 54.66     $ 50.86     $ 26.44     $ 39.30     $ 38.63     $ 35.25  

Investment operations:

 

Net investment income2

    0.39       0.72       0.56       0.62       0.53       0.47  

Net realized and unrealized gain (loss)

    (10.73     3.81       24.45       (12.83     0.68       3.32  

Total from investment operations

    (10.34     4.53       25.01       (12.21     1.21       3.79  

Dividends to shareholders:

 

Net investment income

    (0.38     (0.73     (0.59     (0.65     (0.54     (0.41

Net asset value, end of period

  $ 43.94     $ 54.66     $ 50.86     $ 26.44     $ 39.30     $ 38.63  

TOTAL RETURN3

    (18.94 )%      8.93     95.30     (31.45 )%      3.22     10.77 %9 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 654,742     $ 811,672     $ 706,997     $ 560,609     $ 1,098,311     $ 1,035,164  

Ratios to average net assets4 of:

 

Expenses5

    0.38 %6      0.38     0.38     0.38     0.38     0.38

Net investment income

    1.56 %6      1.34     1.49     1.58     1.34     1.25

Portfolio turnover rate8

    2     50     50     41     36     45
1 

Per share amounts were adjusted to reflect a 3:1 stock split effective November 10, 2017.

 

2 

Based on average shares outstanding.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

5 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

6 

Annualized.

 

7 

Included in the expense ratio are legal expenses. Without these legal expenses, the annualized expense ratio would have been unchanged.

 

8 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

9 

Includes a reimbursement from the sub-advisor for an operational error. Excluding the reimbursement, total return would have been unchanged.

 

See Notes to Financial Statements.

 

WisdomTree Trust      119  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. Multifactor Fund   For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the Period
June 29, 2017*
through
March 31, 2018
 

Net asset value, beginning of period

  $ 40.90     $ 37.83     $ 24.58     $ 28.98     $ 27.91     $ 24.75  

Investment operations:

 

Net investment income1

    0.34       0.63       0.39       0.59       0.47       0.34  

Net realized and unrealized gain (loss)

    (6.75     3.03       13.26       (4.43     0.97       3.09  

Total from investment operations

    (6.41     3.66       13.65       (3.84     1.44       3.43  

Dividends to shareholders:

 

Net investment income

    (0.34     (0.59     (0.40     (0.56     (0.37     (0.27

Net asset value, end of period

  $ 34.15     $ 40.90     $ 37.83     $ 24.58     $ 28.98     $ 27.91  

TOTAL RETURN2

    (15.72 )%      9.68     55.76     (13.43 )%      5.25     13.90

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 205,778     $ 223,949     $ 148,490     $ 141,308     $ 114,481     $ 5,582  

Ratios to average net assets of:

 

Expenses

    0.28 %3      0.28     0.28     0.28 %4,5      0.28 %4,5      0.28 %3 

Net investment income

    1.78 %3      1.58     1.21     1.94 %4      1.65 %4      1.66 %3 

Portfolio turnover rate6

    56     152     147     145     179     143

 

             
WisdomTree U.S. Quality Dividend
Growth Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 63.56     $ 57.14     $ 38.85     $ 43.04     $ 40.32     $ 35.45  

Investment operations:

 

Net investment income1

    0.67       1.22       1.07       1.09       0.97       0.78  

Net realized and unrealized gain (loss)

    (9.69     6.37       18.27       (4.21     2.71       4.84  

Total from investment operations

    (9.02     7.59       19.34       (3.12     3.68       5.62  

Dividends and distributions to shareholders:

 

Net investment income

    (0.71     (1.17     (1.05     (1.07     (0.93     (0.75

Capital gains

                            (0.03      

Total dividends and distributions to shareholders

    (0.71     (1.17     (1.05     (1.07     (0.96     (0.75

Net asset value, end of period

  $ 53.83     $ 63.56     $ 57.14     $ 38.85     $ 43.04     $ 40.32  

TOTAL RETURN2

    (14.29 )%      13.36     50.24     (7.52 )%      9.25     15.95 %7 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 6,354,157     $ 7,033,318     $ 5,576,647     $ 2,723,483     $ 2,780,361     $ 2,064,305  

Ratios to average net assets of:

 

Expenses

    0.28 %3      0.28     0.28     0.28     0.28     0.28

Net investment income

    2.24 %3      1.98     2.15     2.43     2.33     1.99

Portfolio turnover rate6

    1     30     30     41     29     29
*

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees for the WisdomTree U.S. Multifactor Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

Annualized.

 

4 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

5 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

6 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

7 

Includes a reimbursement from the sub-advisor for an operational error. Excluding the reimbursement, total return would have been unchanged.

 

See Notes to Financial Statements.

 

120   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. SmallCap
Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 20181
 

Net asset value, beginning of period

  $ 31.86     $ 31.09     $ 18.11     $ 27.54     $ 27.43     $ 26.88  

Investment operations:

 

Net investment income2

    0.50       0.85       0.66       0.79       0.82       0.81  

Net realized and unrealized gain (loss)

    (6.16     0.76       12.99       (9.40     0.08       0.53  

Total from investment operations

    (5.66     1.61       13.65       (8.61     0.90       1.34  

Dividends to shareholders:

 

Net investment income

    (0.45     (0.84     (0.67     (0.82     (0.79     (0.79

Net asset value, end of period

  $ 25.75     $ 31.86     $ 31.09     $ 18.11     $ 27.54     $ 27.43  

TOTAL RETURN3

    (17.92 )%      5.18     76.76     (32.22 )%      3.25     5.02 %4 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 1,611,735     $ 1,881,545     $ 1,829,823     $ 1,316,919     $ 2,087,705     $ 1,965,277  

Ratios to average net assets5 of:

 

Expenses6

    0.38 %7      0.38     0.38     0.38     0.38     0.38

Net investment income

    3.35 %7      2.66     2.78     2.94     2.91     2.93

Portfolio turnover rate8

    2     39     53     50     26     36

 

             
WisdomTree U.S. SmallCap Fund   For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 47.94     $ 47.23     $ 22.38     $ 36.08     $ 35.70     $ 32.16  

Investment operations:

 

Net investment income2

    0.30       0.73       0.44       0.51       0.58       0.37  

Net realized and unrealized gain (loss)

    (8.81     0.78       24.85       (13.66     0.38       3.51  

Total from investment operations

    (8.51     1.51       25.29       (13.15     0.96       3.88  

Dividends to shareholders:

 

Net investment income

    (0.28     (0.80     (0.44     (0.55     (0.58     (0.34

Net asset value, end of period

  $ 39.15     $ 47.94     $ 47.23     $ 22.38     $ 36.08     $ 35.70  

TOTAL RETURN3

    (17.78 )%      3.11     113.74     (36.87 )%      2.72     12.09 %4 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 540,318     $ 692,732     $ 609,327     $ 419,676     $ 736,098     $ 588,999  

Ratios to average net assets5 of:

 

Expenses6

    0.38 %7      0.38     0.38     0.38     0.38     0.38

Net investment income

    1.37 %7      1.47     1.33     1.45     1.56     1.08

Portfolio turnover rate8

    3     54     56     55     45     48
1 

Per share amounts were adjusted to reflect a 3:1 stock split effective November 10, 2017.

 

2 

Based on average shares outstanding.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

Includes a reimbursement from the sub-advisor for an operational error. Excluding the reimbursement, total return would have been unchanged.

 

5 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

6 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

7 

Annualized.

 

8 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

See Notes to Financial Statements.

 

WisdomTree Trust      121  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. SmallCap Quality
Dividend Growth Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 44.65     $ 45.96     $ 25.02     $ 34.70     $ 34.26     $ 33.06  

Investment operations:

 

Net investment income1

    0.60       1.14       0.94       0.80       0.88       0.76  

Net realized and unrealized gain (loss)

    (8.74     (1.32     20.92       (9.68     0.41       1.21  

Total from investment operations

    (8.14     (0.18     21.86       (8.88     1.29       1.97  

Dividends to shareholders:

 

Net investment income

    (0.58     (1.13     (0.92     (0.80     (0.85     (0.77

Net asset value, end of period

  $ 35.93     $ 44.65     $ 45.96     $ 25.02     $ 34.70     $ 34.26  

TOTAL RETURN2

    (18.36 )%      (0.45 )%      88.65     (26.22 )%      3.81     5.97

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 188,457     $ 224,833     $ 187,733     $ 73,802     $ 119,699     $ 101,060  

Ratios to average net assets of:

 

Expenses

    0.38 %3      0.38     0.38     0.38     0.38     0.38

Net investment income

    2.89 %3      2.49     2.67     2.29     2.47     2.24

Portfolio turnover rate4

    2     60     83     51     42     51

 

             
WisdomTree U.S. Total
Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 20225
    For the
Year Ended
March 31, 20215
    For the
Year Ended
March 31, 20205
    For the
Year Ended
March 31, 20195
    For the
Year Ended
March 31, 20185
 

Net asset value, beginning of period

  $ 64.52     $ 56.49     $ 39.19     $ 47.31     $ 44.56     $ 42.02  

Investment operations:

 

Net investment income1

    0.84       1.43       1.33       1.38       1.28       1.14  

Net realized and unrealized gain (loss)

    (10.22     7.94       17.30       (8.13     2.71       2.52  

Total from investment operations

    (9.38     9.37       18.63       (6.75     3.99       3.66  

Dividends to shareholders:

 

Net investment income

    (0.89     (1.34     (1.33     (1.37     (1.24     (1.12

Net asset value, end of period

  $ 54.25     $ 64.52     $ 56.49     $ 39.19     $ 47.31     $ 44.56  

TOTAL RETURN2

    (14.66 )%      16.73     48.15     (14.75 )%      9.10     8.76 %6 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 957,427     $ 1,080,629     $ 875,531     $ 634,956     $ 648,103     $ 579,232  

Ratios to average net assets of:

 

Expenses

    0.28 %3      0.28     0.28     0.28 %7,8      0.28 %7,8      0.28 %7,8,9 

Net investment income

    2.75 %3      2.33     2.73     2.82 %7      2.78 %7      2.56 %7 

Portfolio turnover rate4

    0.00 %10      22     22     16     11     11
1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees for the WisdomTree U.S. Total Dividend Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

Annualized.

 

4 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

5 

Per share amounts were adjusted to reflect a 2:1 stock split effective December 23, 2021 (Note 7).

 

6 

Includes a reimbursement from the sub-advisor for an operational error. Excluding the reimbursement, total return would have been unchanged.

 

7 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

8 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

9 

Included in the expense ratio are legal expenses. Without these legal expenses, the annualized expense ratio would have been unchanged.

 

10 

Amount represents less than 1%.

 

See Notes to Financial Statements.

 

122   WisdomTree Trust


Financial Highlights (concluded)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. Value Fund   For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 20221
    For the
Year Ended
March 31, 20211
    For the
Year Ended
March 31, 20201
    For the
Year Ended
March 31, 20191
    For the
Year Ended
March 31, 20181,2
 

Net asset value, beginning of period

  $ 61.47     $ 56.19     $ 32.52     $ 42.35     $ 40.43     $ 35.13  

Investment operations:

 

Net investment income3

    0.62       1.08       0.76       0.76       0.72       0.57  

Net realized and unrealized gain (loss)

    (10.44     5.19       23.79       (9.88     1.94       5.30  

Total from investment operations

    (9.82     6.27       24.55       (9.12     2.66       5.87  

Dividends to shareholders:

 

Net investment income

    (0.64     (0.99     (0.88     (0.71     (0.74     (0.57

Net asset value, end of period

  $ 51.01     $ 61.47     $ 56.19     $ 32.52     $ 42.35     $ 40.43  

TOTAL RETURN4

    (16.01 )%      11.16     76.07     (21.86 )%      6.70     16.77

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 100,998     $ 113,714     $ 58,441     $ 61,795     $ 38,113     $ 44,466  

Ratios to average net assets of:

 

Expenses

    0.12 %5      0.30 %6      0.38     0.38     0.38     0.38 %7,8 

Net investment income

    2.16 %5      1.77     1.76     1.75     1.73     1.48 %7 

Portfolio turnover rate9

    3     62     59     101     54     82
1 

Per share amounts were adjusted to reflect a 2:1 stock split effective June 10, 2021.

 

2 

The information reflects the investment objective and strategy of the WisdomTree U.S. LargeCap Value Fund through December 17, 2017 and the investment objective and strategy of the WisdomTree U.S. Value Fund (formerly, WisdomTree U.S. Quality Shareholder Yield Fund) thereafter.

 

3 

Based on average shares outstanding.

 

4 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

5 

Annualized.

 

6 

Prior to January 3, 2022, the Fund’s annual advisory fee rate was 0.38% and, thereafter, was reduced to 0.12% per annum.

 

7 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

8 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

9 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

See Notes to Financial Statements.

 

WisdomTree Trust      123  


Notes to Financial Statements (unaudited)

 

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust on December 15, 2005 and is authorized to have multiple series of portfolios (each a “Fund”, collectively, the “Funds”). These notes relate only to the Funds listed below. In accordance with Accounting Standards Codification Topic 946, Financial Services-Investment Companies, each Fund listed below qualifies as an investment company and is applying the accounting and reporting guidance for investment companies.

 

   
Fund    Commencement
of Operations
 

WisdomTree U.S. AI Enhanced Value Fund (“U.S. AI Enhanced Value Fund”)

     June 16, 2006  

WisdomTree U.S. ESG Fund (“U.S. ESG Fund”)

     February 23, 2007  

WisdomTree U.S. Growth & Momentum Fund (“U.S. Growth & Momentum Fund”)

     June 24, 2021  

WisdomTree U.S. High Dividend Fund (“U.S. High Dividend Fund”)

     June 16, 2006  

WisdomTree U.S. LargeCap Dividend Fund (“U.S. LargeCap Dividend Fund”)

     June 16, 2006  

WisdomTree U.S. LargeCap Fund (“U.S. LargeCap Fund”)

     February 23, 2007  

WisdomTree U.S. MidCap Dividend Fund (“U.S. MidCap Dividend Fund”)

     June 16, 2006  

WisdomTree U.S. MidCap Fund (“U.S. MidCap Fund”)

     February 23, 2007  

WisdomTree U.S. Multifactor Fund (“U.S. Multifactor Fund”)

     June 29, 2017  

WisdomTree U.S. Quality Dividend Growth Fund (“U.S. Quality Dividend Growth Fund”)

     May 22, 2013  

WisdomTree U.S. SmallCap Dividend Fund (“U.S. SmallCap Dividend Fund”)

     June 16, 2006  

WisdomTree U.S. SmallCap Fund (“U.S. SmallCap Fund’’)

     February 23, 2007  

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (“U.S. SmallCap Quality Dividend Growth Fund”)

     July 25, 2013  

WisdomTree U.S. Total Dividend Fund (“U.S. Total Dividend Fund”)

     June 16, 2006  

WisdomTree U.S. Value Fund (“U.S. Value Fund”)

     February 23, 2007  

Each Fund, except the U.S. AI Enhanced Value Fund, U.S. ESG Fund and U.S. Value Fund, seeks to track the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree, Inc. (“WisdomTree”) or an Index developed by a third party. The U.S. AI Enhanced Value Fund and the U.S. Value Fund are actively managed using a model-based approach seeking income and capital appreciation. The U.S. ESG Fund is actively managed using a model-based approach seeking capital investment. WisdomTree is the parent company of WisdomTree Asset Management, Inc. (“WTAM”), the investment adviser to each Fund and the Trust. “WisdomTree” is a registered trademark of WisdomTree and has been licensed for use by the Trust. Each Fund described herein is considered to be non-diversified as defined under the 1940 Act.

In the normal course of business, the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and believe such exposure to be remote.

2. SIGNIFICANT ACCOUNTING POLICIES

The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (the “Codification”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants.

The following is a summary of significant accounting policies followed by the Funds:

Use of Estimates — The preparation of financial statements in conformity with GAAP, requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.

Investment Valuation — The net asset value (“NAV”) of each Fund’s shares is calculated each day a Fund is open for business as of the regularly scheduled close of regular trading on the New York Stock Exchange, normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Each Fund issues and redeems shares at NAV only in large blocks of shares known as creation units, which only certain institutions (e.g., broker-dealers) may purchase or redeem. Shares of each Fund are listed on a national securities exchange and trade at market

 

124   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

prices. Most investors will buy and sell shares in the secondary market through brokers. Because Fund shares trade at market prices rather than NAV, shares may trade at a price greater than NAV or less than NAV. In calculating each Fund’s NAV, investments are valued under policies approved by the Board of Trustees of the Trust (the “Board of Trustees”). Equity securities (including preferred stock) traded on any recognized U.S. or non-U.S. exchange are valued at the last sale price or official closing price on the exchange on which they are principally traded. Unlisted equity securities (including preferred stock) are valued at the last sale price or, if no sale price is available, at the mean between the highest bid and lowest ask price. Each Fund may invest in money market funds which are valued at their NAV per share and exchange-traded funds (“ETFs” or “ETF”) or exchange-traded notes (“ETNs” or “ETN”) which are valued at their last sale or official closing price on the exchange on which they are principally traded or at their NAV per share in instances where the ETF or ETN has not traded on its principal exchange.

Futures contracts generally are valued at the settlement price, the price at which a futures contract settles once a given trading day has ended, on the primary exchange on which they trade.

In certain instances, such as when reliable market valuations are not readily available, a Fund’s investments will be fair valued in accordance with the Fund’s pricing policy. The Board of Trustees has established a pricing committee (the “Pricing Committee”) which is comprised of senior representatives of WTAM and which reports to the Board of Trustees on a quarterly basis. In the event that a financial instrument cannot be valued based upon a price from the exchange or system on which it is principally traded, independent pricing service provider or broker-dealer quotation, or such prices are deemed to not reflect current market value, the Pricing Committee may value the financial instrument in good faith under the policies and procedures approved by the Board of Trustees based on current facts and circumstances. Securities that may be valued using “fair value” pricing may include, but are not limited to, securities for which there are no current market quotations, securities whose issuer is in default or bankruptcy, securities subject to corporate actions (such as mergers or reorganizations), securities subject to non-U.S. investment limits or currency controls, and securities affected by “significant events.” An example of a significant event is an event occurring after the close of the market in which a security trades but before a Fund’s next NAV Calculation Time that may materially affect the value of a Fund’s investment (e.g., government action, natural disaster, or significant market fluctuation). When fair value pricing is employed, the prices of securities used by a Fund to calculate its NAV may differ from quoted or published prices for the same securities.

Fair Value Measurement — In accordance with Codification Topic 820 (“ASC 820”), Fair Value Measurements and Disclosures, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Pricing Committee will perform other procedures (consistent with GAAP) to value an investment when a market quote is not available. ASC 820 established a three-tier hierarchy of inputs to be used when determining fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk — for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:

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 each Fund’s assumptions in determining the fair value of investments)

The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.

Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended (either due to events affecting the issuer of the security specifically or events affecting the primary trading exchange more broadly) or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation or market activity; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets in which the security is traded but before the time as of which a Fund’s NAV is computed and that may materially affect the value of the Fund’s investments).

The valuation techniques and significant inputs used in determining the fair market value measurements for Level 2 and Level 3 positions are as follows:

Financial instruments are generally valued by independent pricing service providers that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. Depending on the type of financial instrument, the independent

 

WisdomTree Trust      125  


Notes to Financial Statements (unaudited) (continued)

 

pricing service providers’ internal pricing models may use inputs that are observable such as issuer details (e.g., credit rating, debt ranking, coupon date, maturity date, etc.), interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar assets. Financial instruments that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate.

Determination of a fair value by the Pricing Committee may include significant unobservable inputs and therefore such financial instruments would be reflected as a Level 3 of the fair value hierarchy. The Pricing Committee may employ a market-based valuation approach which may use, among other potential considerations, related or comparable securities, recent transactions, market multiples, and other relevant information to determine fair value. The Pricing Committee may also use an income-based valuation approach in which anticipated future cash flows of the financial instrument are discounted to calculate fair value.

The summary of fair valuations according to the inputs used in valuing each Fund’s assets as of the measurement date is included in a “Fair Valuation Summary” supplementary table in each applicable Fund’s Schedule of Investments.

During the six months ended September 30, 2022, there were no significant transfers into or out of Level 3 of the fair value hierarchy.

Derivatives and Hedging Disclosure — Codification Topic 815 (“ASC 815”), Derivatives and Hedging, requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. All of the derivative instruments disclosed and described herein are subject to risk.

For the six months ended September 30, 2022, the effects of derivative instruments on each applicable Fund’s financial performance as reflected in the Statements of Operations are presented in the summary below:

 

   
Fund    Amount of Realized Gain
or (Loss) on Derivatives
Recognized1
 

U.S. Multifactor Fund

 

Equity risk

   $ 93,157  
  1 

Realized gains (losses) on derivatives are located on the Statements of Operations as follows:

 

Equity risk

   Net realized gain (loss) from futures contracts

During the six months ended September 30, 2022, the volume of derivative activity (based on the average of month-end balances, except where footnoted) for each Fund was as follows:

 

   
     Average Notional  
Fund    Futures
contracts
(long)
 

U.S. Multifactor Fund

 

Equity risk1

   $ 433,175  
  1 

The volume of derivatives activity for the period on intra-month balances.

Investment Transactions and Investment Income — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method. Dividend income (less foreign taxes withheld, if any) is recognized on the ex-dividend date. Non-cash dividend income is recognized on the ex-dividend date at the fair value of securities to be received. On each measurement date, the Funds evaluate the collectability of receivable balances. Generally, the Funds will write-off dividend receivable balances that are canceled by the issuer as of the date that the dividend receivable cancellation notification was publicly made available or when it becomes probable that dividends will not be collected and the amount of uncollectable dividends can be reasonably estimated. Income earned from securities lending activities (i.e., securities lending income), net of fees payable to the securities borrower and/or securities lending agent, is accrued daily.

Expenses — Under the investment advisory agreement for each Fund, except for Funds that commenced operations on or after March 26, 2013, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other expenses (such as stamp taxes) connected with the execution of portfolio transactions or in connection with creation and redemption transactions; (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of trustees who are not interested persons of the Funds (“Independent Trustees”); (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s Chief Compliance Officer (“CCO”); (vi) extraordinary expenses; (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; and (viii) the advisory fee payable to WTAM.

 

126   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

Under the investment advisory agreement for Funds that commenced operations on or after March 26, 2013, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other fees, charges, taxes, levies or expenses (such as stamp taxes) incurred in connection with the execution of portfolio transactions or in connection with creation and redemption transactions (including without limitation any fees, charges, taxes, levies or expenses related to the purchase or sale of an amount of any currency, or the patriation or repatriation of any security or other asset, related to the execution of portfolio transactions or any creation or redemption transactions); (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s CCO; (vi) extraordinary expenses (in each case as determined by a majority of the Independent Trustees); (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; (viii) interest and taxes of any kind or nature (including, but not limited to, income, excise, transfer and withholding taxes); (ix) fees and expenses related to the provision of securities lending services; and (x) the advisory fee payable to WTAM.

Acquired fund fees and expenses (“AFFEs”) (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) are not operating expenses of the Funds and are not paid by WTAM.

Pursuant to a separate contractual arrangement, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. WTAM receives a fee, as shown on the Statements of Operations under “Service fees”, of up to 0.0044% per annum of each Fund’s average daily net assets for providing such services and paying such expenses. WTAM provides CCO services to the Trust.

Futures Contracts — The U.S. Multifactor Fund utilized equity futures contracts on a temporary basis during the fiscal period to obtain market exposure consistent with its investment objective. When a Fund purchases a listed futures contract, it agrees to purchase a specified reference asset (e.g., commodity, currency, equity, digital asset or U.S. Treasury security, collectively herein, “Reference Asset”) at a future date. When a Fund sells a listed futures contract, it agrees to sell a specified Reference Asset at a future date. The price at which the purchase and sale will take place is fixed when the Fund enters into the contract. A Fund may also cash settle upon the expiration date of a futures contract in which no physical delivery (or receipt) of the specified Reference Asset comprising the futures contract is made. Instead, settlement in cash would occur upon the expiration of the contract, with the cash settlement being the difference between the contract price and the actual price of the specified Reference Asset at the expiration date. The exchange clearing corporation is the ultimate counterparty for all exchange-listed contracts, so credit risk is limited to the creditworthiness of the exchange clearing corporation.

Upon entering into a futures contract, a Fund is required to deliver to a broker an amount of cash and/or U.S. government securities equal to a certain percentage of the contract amount. This amount is known as the “initial margin”. Cash deposited as initial margin, if any, is shown as “Deposits at broker for futures contracts” in the Statement of Assets and Liabilities, and U.S. government securities deposited, if any, are designated in the Schedule of Investments. Subsequent payments, known as “variation margin”, generally are made or received by the Fund each day or at other agreed-upon time periods depending on the fluctuations in the value of the underlying futures contracts, except that in the case of certain futures contracts, variation margin payments may be made or received when the futures contract expires. Variation margin is recorded for financial statement purposes on a daily basis as an unrealized gain or loss on futures until the financial futures contract is closed, at which time the unrealized net gain or loss is reclassified to realized gain or loss on futures. Prior to August 19, 2022, when a Fund purchased or sold a futures contract, the Fund was required to “cover” its position in order to limit the risk associated with the use of leverage and other related risks. To cover its position, a Fund would segregate assets consisting of, or take other measures with respect to, cash or liquid securities that, when added to any amounts deposited with a futures commission merchant as margin, would “cover” its position in a manner consistent with the 1940 Act or the rules and SEC interpretations thereunder. This functioned as a practical limit on the amount of leverage which a Fund could undertake and on the potential increase in the speculative character of a Fund’s outstanding portfolio securities. Effective August 19, 2022, the Funds have adopted a derivatives risk management program that is reasonably designed to manage the Funds’ derivatives risks. Please see Note 7 “Recent Regulatory Update” for information on new regulations governing the use of derivatives by the Funds.

As of September 30, 2022, there were no open futures contracts in the Funds.

Securities Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. It is the Funds’ policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the value of foreign securities loaned. Collateral in the form of cash and/or securities issued or guaranteed by the U.S. government or its agencies, equivalent to at least 100% of the market value of securities, is maintained at all times. The cash collateral can be invested in certain money market mutual funds which also have exposure to the fluctuations of the market. The values of the investments of cash collateral for securities on loan along with the obligations to return such collateral are included on the Statements of Assets and Liabilities. The total value of securities received as collateral for securities on loan is included in a footnote following each Schedule of Investments, but is not included within the Statements of Assets and Liabilities because the receiving Fund does not have the right to sell or repledge the securities received as collateral. As compensation for

 

WisdomTree Trust      127  


Notes to Financial Statements (unaudited) (continued)

 

lending its securities, each Fund retains all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower (net of any fee rebates paid to the borrower). The lending agent receives a portion of the income earned by the Funds in connection with the lending program. The net securities lending income earned by the Funds is disclosed on the Statements of Operations. The dividend and interest income earned on the securities loaned is accounted for in the same manner as other dividend and interest income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. Dividends received while a security is out on loan are not considered Qualified Dividend Income (“QDI”) under the specific criteria issued by the Internal Revenue Service and are subject to taxation at the shareholder’s ordinary income tax rate instead of the lower long-term capital gains tax rate. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults. In the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.

Master Netting Arrangements — Codification Topic 210 (“ASC 210”), Balance Sheet, requires disclosures generally intended to (i) help investors and other financial statement users to better assess the effect or potential effect of offsetting arrangements on a company’s financial position, (ii) improve transparency in the reporting of how companies mitigate credit risk, and (iii) facilitate comparisons between those entities that prepare their financial statements on the basis of GAAP and those entities that prepare their financial statements on the basis of international financial reporting standards. ASC 210 requires entities to disclose (i) gross and net information about both instruments and transactions eligible for offset in the financial statements, and (ii) instruments and transactions subject to an agreement similar to a master netting agreement. ASC 210 is limited in scope to the following financial instruments, to the extent they are offset in the financial statements or subject to an enforceable master netting arrangement or similar agreement: (i) recognized derivative instruments accounted for under ASC 815 (Derivatives and Hedging); (ii) repurchase agreements and reverse repurchase agreements; and (iii) securities borrowing and securities lending transactions.

The Funds’ securities lending activities are governed by a Securities Lending Authorization Agreement (“Lending Agreement”) between the Funds and the lending agent. The Lending Agreement authorizes the lending agent to lend qualifying U.S. and foreign securities held by a Fund to approved borrowers (each a “Borrower”). To mitigate borrower risk, a Fund typically receives from a Borrower collateral in the form of U.S. dollar cash and/or securities issued or guaranteed by the U.S. government or its agencies in excess of the market value of the securities loaned. Under the provisions of the Lending Agreement, a Fund shall have, as to the collateral, all of the rights and remedies of a secured party under applicable law. A Fund is exposed to risk of loss if a Borrower defaults on its obligation to return borrowed securities and the value of the collateral a Fund received is insufficient to cover the market value of the securities loaned. Also, the lending agent is permitted to invest the cash collateral it receives from a Borrower into a money market fund which is subject to market fluctuation. Therefore, a Fund is exposed to risk of loss if the value of invested cash collateral is insufficient to satisfy the Fund’s obligation to return the full amount owed to such Borrower. However, in the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.

For financial reporting purposes, the Funds elect to not offset assets and liabilities subject to the Lending Agreement or similar arrangements in the Statements of Assets and Liabilities. Therefore, all qualifying transactions, if any at September 30, 2022, are presented on a gross basis in the Statements of Assets and Liabilities. As of September 30, 2022, certain of the Funds had securities on loan and the value of the related collateral received by each of those Funds exceeded the value of the securities loaned by each of those Funds. The value of the securities loaned by each Fund is located in the Statements of Assets and Liabilities in “Investments in securities, at value” and also in the footnotes below the Schedules of Investments. In addition, a breakout of the total amount of cash and non-cash securities lending collateral received is located in the footnotes below the Schedules of Investments.

Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments include short-term obligations issued by the U.S. government, its agencies, non-U.S. government agencies, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.

Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). A portion of the Code, known as subchapter M (“Subchapter M”), addresses the ways by which investment companies and investment trusts may pass income through to shareholders in order to avoid double taxation. Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code so that it will not be subject to federal income tax on income and gains that are timely distributed to Fund shareholders. Accordingly, no provision for U.S. federal income taxes is required. In order to qualify for the special tax treatment accorded to RICs and their shareholders, each Fund must, among other things, distribute with respect to each taxable year an

 

128   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

amount equal to or greater than the sum of 90% of its investment company taxable income and 90% of its net tax-exempt interest income. There can be no guarantee that a Fund will pay dividends. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains is determined in accordance with the requirements of the Code and the U.S. Treasury regulations (i.e., tax basis) which may differ to amounts determined under GAAP (i.e., book basis). These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their Federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions that exceed earnings and profit for tax purposes are reported for tax purposes as a return of capital.

3. ADVISORY FEES AND OTHER TRANSACTIONS WITH AFFILIATES

WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM has arranged for Mellon Investments Corporation (“Mellon”) to provide sub-advisory services to the Funds, except for U.S. AI Enhanced Value Fund. Prior to January 7, 2022, sub-advisory services for the U.S. AI Enhanced Value Fund were provided by Mellon and thereafter Voya Investment Management Co., LLC (“Voya IM”). Mellon and Voya IM are compensated by WTAM at no additional cost to the Funds. WTAM also arranges for transfer agency, custody, fund accounting, fund administration, securities lending and all other non-distribution related services necessary for the Funds to operate, which are generally under separate agreements entered into between the Trust on behalf of the Funds and the applicable service provider. Under the investment advisory agreement for each Fund, WTAM agrees to pay all expenses of the Funds, except for certain expenses described in Note 2.

Pursuant to a separate contractual arrangement, as also described in Note 2, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees in exchange for a fee, accrued daily and paid monthly in arrears, of up to 0.0044% per annum of each Fund’s average daily net assets.

WTAM expects to receive annual advisory fees from each Fund, based on a percentage of the Fund’s average daily net assets, as shown in the following table:

 

   
Fund   

Advisory

Fee Rate

 

U.S. AI Enhanced Value Fund

     0.38

U.S. ESG Fund

     0.28

U.S. Growth & Momentum Fund

     0.55

U.S. High Dividend Fund

     0.38

U.S. LargeCap Dividend Fund

     0.28

U.S. LargeCap Fund

     0.08

U.S. MidCap Dividend Fund

     0.38

U.S. MidCap Fund

     0.38

U.S. Multifactor Fund

     0.28

U.S. Quality Dividend Growth Fund

     0.28

U.S. SmallCap Dividend Fund

     0.38

U.S. SmallCap Fund

     0.38

U.S. SmallCap Quality Dividend Growth Fund

     0.38

U.S. Total Dividend Fund

     0.28

U.S. Value Fund

     0.12

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Transactions in shares of affiliated ETFs for the fiscal period ended September 30, 2022, as applicable, are included in an “Investment in Affiliates” supplementary table in each applicable Fund’s Schedule of Investments. For these transactions, WTAM voluntarily waives a portion of the advisory fees, that it would otherwise charge, in an amount equal to the indirect AFFEs (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) attributable to each Fund’s investment in affiliated ETFs. The dollar amount of advisory fees waived during the period for the Funds, if any, are included in the Statement of Operations in “Expense waivers”.

 

WisdomTree Trust      129  


Notes to Financial Statements (unaudited) (continued)

 

WTAM and/or WisdomTree (collectively herein, “WT”) may from time to time own shares of a Fund. As of and for the six months ended September 30, 2022, WT held shares of and received distributions from the following Funds, which were purchased through an unaffiliated broker in ordinary brokerage transactions in the secondary market in which the Funds’ shares trade:

 

       
     At September 30, 2022           

For the fiscal period ended

September 30, 2022

 
Fund    Fund Shares
held by WT
     Market Value of
Fund Shares
held by WT
           

Dividends and

Distributions paid to

WT on Fund Shares

held by WT

 

U.S. ESG Fund

     248      $ 9,481              $ 74  

U.S. LargeCap Fund

     1,571        60,311                660  

U.S. MidCap Dividend Fund

     425        16,010                256  

U.S. Multifactor Fund

     1,067        36,454                354  

U.S. Quality Dividend Growth Fund

     792        42,697                577  

U.S. SmallCap Dividend Fund

     124        3,192                54  

U.S. SmallCap Fund

     328        12,848                63  

U.S. SmallCap Quality Dividend Growth Fund

     355        12,762                254  

U.S. Total Dividend Fund

     398        21,595                356  

U.S. Value Fund

     78        3,981                50  

4. CAPITAL SHARE TRANSACTIONS

As of September 30, 2022, there were an unlimited number of $0.001 par value shares of beneficial interest authorized by the Trust. Shares are issued and redeemed by each Fund only in creation units or multiples thereof. Except when aggregated in creation units, shares of each Fund are not redeemable. Transactions in shares for each Fund are disclosed in detail in the Statements of Changes in Net Assets. The consideration for the purchase of creation units of a Fund generally consists of the in-kind contribution of a basket of securities and/or an amount of cash. Investors purchasing and redeeming creation units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of creation units.

5. INVESTMENT PORTFOLIO TRANSACTIONS

Purchases and sales of investments (excluding purchases and sales resulting from in-kind capital share transactions and short-term investments) and the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions (excluding short-term investments) for the six months ended September 30, 2022 are shown in the following table. Realized gains and losses on sales resulting from in-kind capital share redemptions, as shown on the Statements of Operations, are not recognized by the Funds for tax purposes.

 

       
                   In-kind Capital Share Transactions  
Fund    Purchases      Sales      Purchases      Sales  

U.S. AI Enhanced Value Fund

   $ 347,861,219      $ 348,668,616      $      $ 30,711,716  

U.S. ESG Fund

     16,189,031        16,087,600        2,073,213         

U.S. Growth & Momentum Fund

     8,489,514        8,483,137               770,050  

U.S. High Dividend Fund

     20,404,460        17,812,673        286,799,814        12,443,596  

U.S. LargeCap Dividend Fund

     29,539,607        25,039,128        444,718,263        34,058,033  

U.S. LargeCap Fund

     35,942,436        36,082,990        76,198,001        71,235,251  

U.S. MidCap Dividend Fund

     70,614,972        66,480,289        159,521,164        59,904,786  

U.S. MidCap Fund

     18,415,687        14,410,838        42,151,824        40,954,909  

U.S. Multifactor Fund

     120,171,203        118,982,623        43,339,312        21,799,996  

U.S. Quality Dividend Growth Fund

     36,433,071        40,544,031        1,125,794,334        700,447,197  

U.S. SmallCap Dividend Fund

     38,173,831        27,974,929        125,531,625        25,539,929  

U.S. SmallCap Fund

     20,375,144        16,400,356        83,339,331        114,062,651  

U.S. SmallCap Quality Dividend Growth Fund

     4,080,150        3,479,831        26,289,609        16,817,731  

U.S. Total Dividend Fund

     3,985,253        4,514,162        69,014,493        14,564,475  

U.S. Value Fund

     3,734,540        3,762,778        10,952,155        4,178,259  

 

130   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

6. FEDERAL INCOME TAXES

At September 30, 2022, the cost of investments (including securities on loan and derivatives) for Federal income tax purposes was as follows:

 

         
Fund    Tax Cost      Gross Unrealized
Appreciation
     Gross Unrealized
Depreciation
    

Net Unrealized
Appreciation/

(Depreciation)

 

U.S. AI Enhanced Value Fund

   $ 470,252,780      $ 446,232      $ (85,225,200    $ (84,778,968

U.S. ESG Fund

     60,653,407        8,727,577        (6,102,575      2,625,002  

U.S. Growth & Momentum Fund

     2,706,818        34,005        (171,347      (137,342

U.S. High Dividend Fund

     1,144,602,551        77,584,550        (94,504,921      (16,920,371

U.S. LargeCap Dividend Fund

     2,866,803,985        540,185,183        (159,493,685      380,691,498  

U.S. LargeCap Fund

     614,642,859        32,026,428        (89,582,989      (57,556,561

U.S. MidCap Dividend Fund

     2,867,701,014        295,567,161        (319,722,418      (24,155,257

U.S. MidCap Fund

     742,983,654        51,870,690        (124,237,672      (72,366,982

U.S. Multifactor Fund

     226,795,003        6,472,930        (25,399,590      (18,926,660

U.S. Quality Dividend Growth Fund

     6,487,006,963        432,218,073        (569,885,313      (137,667,240

U.S. SmallCap Dividend Fund

     1,828,285,211        89,983,349        (291,219,252      (201,235,903

U.S. SmallCap Fund

     648,538,919        35,385,597        (134,123,276      (98,737,679

U.S. SmallCap Quality Dividend Growth Fund

     227,894,139        8,060,468        (47,132,961      (39,072,493

U.S. Total Dividend Fund

     848,267,511        164,005,701        (55,552,049      108,453,652  

U.S. Value Fund

     114,691,675        4,220,460        (17,311,861      (13,091,401

7. RECENT REGULATORY UPDATE

Effective August 19, 2022, the Funds have adopted policies and procedures reasonably designed to comply with new regulations issued by the SEC governing the use of derivatives by registered investment companies (“Rule 18f-4”). Rule 18f-4 imposes limits on the amount of derivatives a fund can enter into, eliminates the asset segregation framework used by the Funds prior to August 19, 2022 to comply with Section 18 of the 1940 Act, and requires funds, whose use of derivatives is greater than a limited specified amount, to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager. Rule 18f-4 has not had a material impact on the Funds’ financial statements.

The fair valuation Rule 2a-5 went into effect on September 8, 2022. The Rule sets forth requirements for determining the fair value of portfolio securities and establishes a framework focused on process, testing and oversight. The Rule allows fund boards to designate a valuation designee responsible for performing fair value determinations in good faith. WTAM has been designated as the Valuation Designee for the Funds and is responsible for assessing material risks, establishing fair value methodologies, testing the appropriateness and accuracy of the methodologies and overseeing third-party pricing vendors. Under the new fair valuation policies, WTAM is responsible for regular quarterly reporting of any material fair valuation matter, annual reporting on the adequacy of the Valuation Designee’s processes, and the prompt notification to the board of any material impact of the fair value process on portfolio investments.

8. RECENT ACCOUNTING PRONOUNCEMENT

In June 2022, the FASB issued Accounting Standards Update No. 2022-03 (“ASU 2022-03”), Fair Value Measurement (Topic 820) — Fair Value Measurement of Equity Securities Subject to Contractual Sales Restrictions. The amendments in ASU 2022-03 clarify that a contractual restriction on a sale of an equity security is not considered a part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments also clarify that an entity cannot, as a separate unit of account, recognize and measure a contractual sale restriction. The amendments in ASU 2022-03 also require the following disclosures for equity securities subject to contractual sale restrictions: (i) the fair value of equity securities subject to contractual sale restrictions reflected in the balance sheet, (ii) the nature and remaining duration of the restriction(s), and (iii) the circumstances that could cause a lapse in the restriction(s). The amendments in ASU 2022-03 are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years for public business entities (early adoption is also permitted). WTAM is currently evaluating the impact that the adoption of ASU 2202-03 will have on the Trust’s financial statements and related disclosures.

 

WisdomTree Trust      131  


Notes to Financial Statements (unaudited) (concluded)

 

9. SUBSEQUENT EVENT

Effective November 7, 2022, WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund and exchange-traded product sponsor and asset manager, transferred the listing of its common stock to the New York Stock Exchange (“NYSE”) from The Nasdaq Global Select Market (“Nasdaq”). WisdomTree began trading on the NYSE under the new ticker symbol “WT” along with its new company name, WisdomTree, Inc.

10. ADDITIONAL INFORMATION

The respiratory disease caused by a novel coronavirus (“COVID-19”) has spread globally since 2019, resulting in a global pandemic and major disruption to global markets and economies. In an organized attempt to contain and mitigate the effects of COVID-19, governments and businesses world-wide took aggressive measures, including businesses canceling dividends to preserve cash, governments closing borders, restricting international and domestic travel, and the imposition of prolonged quarantines of large populations. COVID-19 has resulted in the disruption of and delays in the delivery of healthcare services and processes, the cancellation of organized events and educational institutions, the disruption of production and supply chains, a decline in consumer demand for certain goods and services, and general concern and uncertainty, all of which have contributed to increased volatility in global markets. In recent months, however, the rapid COVID-19 vaccination rollout in the United States and certain other developed countries, coupled with the passage of stimulus programs in the U.S. and abroad, have resulted in a reversal of many of these trends including the re-opening of businesses, a reduction in quarantine requirements, increased consumer demand, and the resumption of certain in-person schooling, travel and events. Despite these positive trends, the prevalence of new COVID-19 variants, a failure to achieve herd immunity, or other unforeseen circumstances may result in the continued spread of the virus throughout unvaccinated populations or a resurgence in infections among vaccinated populations. As a result, it remains unclear if recent positive trends will continue in developed markets and whether such trends will spread world-wide to countries with limited access to vaccines that are still experiencing rising COVID-19 cases, hospitalizations and deaths.

The effects of COVID-19 have affected and are likely to continue to affect certain sectors and industries more dramatically than others, and the effects borne by some will negatively affect the value of the issuers in those sectors and industries, which may adversely affect the value of a Fund’s investments in those sectors or industries. It is also true that the speed at which global economies recover, or fail to recover, from the COVID-19 pandemic will affect certain sectors, industries, and issuers more dramatically than others, which in turn may adversely affect certain Fund investments.

COVID-19, and other epidemics and pandemics that may arise in the future, could adversely affect the economies of many nations, the global economy, individual companies and capital markets in ways that cannot be foreseen at the present time. In addition, the impact of infectious diseases in developing or emerging market countries may be greater due to limited health care resources, including access to COVID-19 vaccinations and treatments. Political, economic and social stresses caused by COVID-19 also may exacerbate other pre-existing political, social and economic risks in certain countries. The duration of COVID-19 and its effects cannot be determined fully at this time, but the effects could be present for an extended period of time. It is impossible to predict the effects on the Funds of these or similar events and market conditions in the future. However, it is possible that these or similar events and market conditions could have a significant and adverse effect on the NAV and/or risk profile of a Fund.

*    *    *    *    *

Russia’s military invasion of Ukraine initiated in February 2022 and the economic and diplomatic responses by the United States and other countries have led to increased volatility and uncertainty in the financial markets and could continue to adversely affect regional and global economies for the foreseeable future. In response to Russia’s actions, the governments of the United States, the European Union, the United Kingdom, and many other countries collectively imposed heavy and broad-ranging economic sanctions on certain Russian individuals, corporate and banking entities, and other industries and businesses. The sanctions restrict companies from doing business with Russia and Russian companies, prohibit transactions with the Russian central bank and other key Russian financial institutions and entities, ban Russian airlines and ships from using many other countries’ airspace and ports, respectively, and place a freeze on certain Russian assets. The sanctions also removed some Russian banks from the Society for Worldwide Interbank Financial Telecommunications (SWIFT), the electronic network that connects banks globally to facilitate cross-border payments. In addition, the United States has banned oil and other energy imports from Russia, and the United Kingdom made a commitment to phase out oil import from Russia by the end of 2022.

These sanctions, as well as other economic consequences related to the invasion, such as additional sanctions, boycotts or changes in consumer or purchaser preferences or cyberattacks on governments, companies or individuals, may further decrease the value and liquidity of certain Russian securities and securities of issuers in other countries that are subject to economic sanctions related to the invasion or otherwise adversely affected by the sanctions. To the extent a Fund has exposure to Russian investments or investments in countries affected by the invasion or the sanctions, the Fund’s ability to price, buy, sell, receive or deliver, or receive dividends and

 

132   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

interest payments on such investments may be impaired. In certain circumstances, such as when there is no market for a security or other means of valuing or disposing of a security, a Fund may determine to value the affected security at zero. In addition, any exposure a Fund may have to counterparties in Russia or in countries affected by the invasion could negatively affect the Fund’s portfolio. The extent and duration of Russia’s military actions and the repercussions of such actions are impossible to predict, but could result in continued significant market disruptions, including in the oil and natural gas markets, and may negatively affect global supply chains, inflation and global growth. Further, an escalation of the military conflict beyond Ukraine’s borders could result in significant, long-lasting damage to the economies of Eastern and Western Europe as well as the global economy. These and any related events could significantly and adversely affect a Fund’s performance and the value of an investment in the Fund, even in the absence of direct exposure to Russian issuers or issuers in other countries affected by the invasion.

 

WisdomTree Trust      133  


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited)

 

Consideration of the Approval and Renewal of Investment Advisory and Sub-Advisory Agreements

At a meeting of the Board of Trustees (the “Board” or the “Trustees”) of the WisdomTree Trust (the “Trust”) held on September 19-20, 2022 (the “Meeting”), the Trustees, including those Trustees who are not “interested persons” (as defined in the Investment Company Act of 1940, as amended) of the Trust (the “Independent Trustees”), considered the renewal of (i) the Investment Advisory Agreements between WisdomTree Asset Management, Inc. (“WTAM”) and the Trust, on behalf of its applicable series (each, a “Fund,” and, collectively, the “Funds”), pursuant to which WTAM provides the Funds with investment advisory services (the “Advisory Agreements”), (ii) the Sub-Advisory Agreement (the “Mellon Sub-Advisory Agreement”), pursuant to which Mellon Investments Corporation (“Mellon”) coordinates the investment and reinvestment of the assets of the applicable Funds, and (iii) the Sub-Advisory Agreement (together with the Mellon Sub-Advisory Agreement, the “Sub-Advisory Agreements,” and, collectively with the Advisory Agreements and the Mellon Sub-Advisory Agreement, the “Agreements”), pursuant to which Voya Investment Management Co. LLC (“Voya,” and, together with Mellon, the “Sub-Advisers”) coordinates the investment and reinvestment of the assets of the applicable Funds.

The Trustees requested, and WTAM provided, such information as the Trustees, with advice from counsel to the Trust and independent legal counsel, deemed reasonably necessary to evaluate the Agreements. At a meeting of a committee of Independent Trustees (the “Contracts Review Committee”) held on August 11, 2022, representatives from WTAM presented detailed information to the Trustees relating to the continuance of the Agreements, and the Trustees, including the Independent Trustees, reviewed and discussed such information. Further information was presented at the Board’s request at the Meeting.

The Independent Trustees were assisted in their review by independent legal counsel and met with counsel in executive session separate from WTAM representatives and the Sub-Advisers. In considering the approval and renewal of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Trustee may have attributed different weights to the factors considered. Each Fund was considered separately.

Analysis of Nature, Extent, and Quality of Services Provided to the Funds. The Board considered information provided to them at the Meeting and in previous presentations throughout the year from WTAM representatives regarding the nature, extent, and quality of the services provided to the Funds, recognizing WTAM’s and the Sub-Advisers’ operational capabilities and resources. The Board also discussed the role of WisdomTree Investments, Inc. (“WTI”), the parent of WTAM, as index provider to certain Funds, which comprise the substantial majority of assets in the WisdomTree fund complex. The Board noted that the strategies represented by those Funds tracking affiliated WTI indexes are unique, based on WTI’s intellectual property and are only available for use by applicable Funds through WTAM. The Board noted WTAM’s belief that shareholders have invested in such Funds on the strength of WTI’s intellectual property and WTAM’s industry standing and reputation and with the expectation that WTAM will have a continuing role in providing advisory services to the Funds based on the WTI indexes. The Board also noted the extensive responsibilities that WTAM has as investment adviser to the Funds, including: the selection of, and supervisory responsibilities and activities over, the Sub-Advisers, including oversight of the Sub-Advisers’ adherence to each Fund’s investment strategy and restrictions, monitoring of the Sub-Advisers’ buying and selling of securities and derivatives transactions, review of Sub-Adviser performance, review of proxies voted by the Sub-Advisers and oversight of, and the provision of consultation to, the Sub-Advisers with respect to the creation of custom creation or redemption baskets for authorized participants; oversight of the daily valuation of the Funds’ portfolio holdings; oversight of general Fund compliance with federal and state laws; and implementation of Board directives as they relate to the Funds. The Board also considered research support available to, and management capabilities of, the Funds’ management personnel and that WTAM provides oversight of day-to-day Fund operations, including fund accounting, tax matters, administration and legal assistance in meeting disclosure and regulatory requirements. Based on management’s representations, the Board expected that there would be no reduction in the scope of services required by or provided by WTAM and the Sub-Advisers under the relevant Agreements. The Board noted that WTAM has continued to commit significant resources toward the fund complex and has made substantial investments to improve the services offered by WTAM, which benefit Fund shareholders.

Based on review of this information and the other factors considered at the Meeting, the Board concluded that the nature, extent and quality of services provided by WTAM and the Sub-Advisers under the Advisory Agreements and Sub-Advisory Agreements, respectively, are adequate and appropriate and supported the Board’s approval of the approval and renewal of the Agreements.

Comparative Analysis of the Funds’ Performance and Management Fee and Expense Ratio. The Board reviewed reports prepared by Broadridge Financial Solutions, Inc. (“Broadridge”), an independent provider of investment company data, which included information (1) measuring each index Fund’s performance by how well it tracked the relevant benchmark index, (2) comparing, with respect to the actively-managed Funds, each Fund’s performance with the performance of a group of comparable funds (the “Performance Group”) for various periods ended May 31, 2022, and (3) comparing each Fund’s actual management fees and total expenses with those of a group of comparable funds (the “Expense Group”) and, with respect to total expenses, with a broader group of funds (the “Expense Universe”), the information for which was derived in part from fund financial statements available to Broadridge as of the date of its analysis. The Contracts Review Committee and the Independent Trustees previously had reviewed and discussed the methodology Broadridge used to select the Performance Groups, Expense Groups and Expense Universes. The

 

134   WisdomTree Trust


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) (continued)

 

Board noted that the Performance Groups, Expense Groups and Expense Universes included only pure-index and index-based exchange traded funds (“ETFs”) as comparison funds, except that the Performance Groups, Expense Groups and Expense Universes for the actively-managed Funds included only actively-managed ETFs as comparison funds. The Board also noted that due to the special characteristics of certain Funds, there are limitations in providing comparable funds in the Performance Groups, Expense Groups and Expense Universes, and the information in the Broadridge reports may or may not provide meaningful direct comparisons to the Funds.

The Board discussed the index Funds’ performance, noting that the substantial majority of index Funds seek to track their own WisdomTree benchmark index. During the prior year, the Board received periodic reports on the Funds’ performance in comparison to their relevant benchmark indexes. The Board also discussed the performance of the actively-managed Funds and noted that total return performance of the Funds was variously above, at and below the relevant Performance Group medians for the time periods measured. In response to questions from the Independent Trustees, WTAM representatives discussed the relative performance of the Funds and the factors affecting such performance. On that basis, the Board determined to continue to monitor carefully disparities in performance—both positive and negative—but did not believe that the disparities in the past reflected any characteristics requiring immediate action by WTAM or a Sub-Adviser.

The Board also reviewed the range of actual management fees and total expenses of the Expense Group funds and, with respect to total expenses, Expense Universe funds, and discussed the results of the comparisons. With respect to comparisons of actual management fees, the Board noted the Funds’ unitary fee structure and that the Expense Groups and Expense Universes generally included both ETFs with and without a unitary fee structure. The Board also noted that certain comparison funds in certain Expense Groups and Expense Universes benefited from waivers of all or a portion of their management fees and reimbursement of certain operating expenses. The Board noted that the total expenses of many of the Funds were within five basis points of the median or average total expenses of the funds in the Funds’ respective Expense Groups. In those specific instances where a Fund’s total expenses departed more significantly from comparative funds, the Independent Trustees sought explanations from WTAM, which generally attributed the disparities to the limitations within peer data and/or the unique attributes of a Fund.

The Board considered the fees to the Sub-Advisers in relation to the fees paid to WTAM by the Funds and the respective services provided by the Sub-Advisers and WTAM. The Board also noted that the Sub-Advisers’ fees are paid by WTAM (out of its fee paid by the relevant Funds) and not the Funds. The Board considered the meaningful differences in the services that WTAM provides to the Funds as compared to the Sub-Advisers, including that the role of a Sub-Adviser in making investment recommendations with respect to a Fund tracking an index is a rules-based function, with oversight by WTAM in seeking to ensure compliance with such rules. The Board also considered the role of a Sub-Adviser in making investment recommendations with respect to a Fund that is model-based, with oversight by WTAM in seeking to ensure consistency with such quantitative models. The Board also considered the entrepreneurial and expense risk borne by WTAM that is associated with Funds’ unitary fee structure, which frequently includes minimum fees (such as those to a Sub-Adviser), regardless of whether the asset size of a Fund has grown to a sufficient size.

Based on this review and the other factors considered at the Meeting, the Board concluded that, with respect to each Fund, the Fund’s performance, the fees paid to WTAM and the relevant Sub-Adviser and the Fund’s total expenses supported the Board’s approval and renewal of the relevant Agreements.

Analysis of Profitability and Economies of Scale. WTAM representatives reviewed the expenses allocated and profit received by WTAM and the resulting profitability percentage for managing each Fund and the aggregate profitability percentage to WTAM for managing the WisdomTree fund complex, and the method used to determine the expenses and profit.

The Board considered the profitability analysis (1) as part of its evaluation of whether the fees under the Agreements bear a reasonable relationship to the mix of services provided by WTAM and the Sub-Advisers, including the nature, extent and quality of such services, and (2) in light of the relevant circumstances for each Fund and the extent to which economies of scale would be realized if the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund shareholders. WTAM representatives noted that a discussion of economies of scale is predicated on a Fund having achieved a substantial size and that, if a Fund’s assets had been decreasing, the possibility that WTAM may have realized material economies of scale would be less. WTAM representatives also noted that, as a result of shared and allocated costs among the WisdomTree funds, the extent of economies of scale could depend substantially on the level of assets in the fund complex as a whole and the relative size and asset size changes among the Funds. The Board noted that, in the past, certain Funds had grown rapidly over a relatively short period of time after longer periods of slow or no growth, during which there were years of losses for WTAM in managing such Funds that had only recently turned profitable and years of substantial cumulative losses to WTAM in managing the fund complex as a whole. WTAM representatives stated that there has been significant volatility in the assets of individual Funds and in the fund complex as a whole over time (including volatility in profitability) and that it was not clear that current asset levels will be maintained. WTAM representatives noted that assets in certain Funds have diminished at times at a rapid rate (including during the last year) and could continue to do so. WTAM representatives also noted that economies of scale currently are shared with the Funds by way of the unitary fee structure of the Trust, as well as through additional investment in the WisdomTree business. The Board noted that the

 

WisdomTree Trust      135  


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) (concluded)

 

Contracts Review Committee had focused on the issue of economies of scale during its meetings. The Board also noted that it would continue to monitor the sharing of economies of scale, focusing in particular on Funds that have experienced significant asset growth, to determine the appropriateness of adding breakpoints in the future. The Board also considered potential benefits to WTAM and the Sub-Advisers from acting as investment adviser and sub-advisers, respectively, and noted that there were no soft dollar arrangements in effect for trading the Funds’ investments. Based on this review, the Board concluded that the profitability results were consistent with the services rendered and service levels provided by WTAM and the entrepreneurial risk WTAM has undertaken over time.

*    *    *    *    *    *

At the conclusion of these discussions, the Board agreed that it had been furnished with sufficient information to make an informed business decision with respect to the approval to renew the Agreements. In evaluating the Agreements, the Board considered the conclusions and determinations discussed above and also relied on its previous knowledge, gained through meetings and other interactions with WTAM and the Sub-Advisers, of the Funds and the services provided to the Funds by WTAM and the Sub-Advisers. The Board also relied on information received on a routine and regular basis throughout the year relating to the operations of the Funds and the investment advisory and other services provided under the Agreements. In light of the foregoing, the Board, including a majority of the Independent Trustees, determined to approve the renewal of the Agreements.

 

136   WisdomTree Trust


General Information (unaudited)

 

Proxy Voting Policies, Procedures and Record

A complete copy of the Proxy Voting Policy may be obtained upon request, at no charge, by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o Foreside Fund Services, LLC, Three Canal Plaza Suite 100, Portland, ME, 04101.

The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent

12-month period ended June 30 and to file Form N-PX with the SEC no later than August 31 of each year. The current Form N-PX for the Funds is available at no charge upon request by calling 1-866-909-WISE (9473) or through the Trust’s website at www.wisdomtree.com. The Funds’ Form N-PX is also available on the SEC’s website at www.sec.gov.

Shareholder Reports and Quarterly Portfolio Disclosure

The Funds file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. Copies of the filings are available, without charge, on the SEC’s website at www.sec.gov and are also available by calling the Trust at 1-866-909-WISE (9473). Copies of the filings may also be obtained, after paying a duplicating fee, by electronic request at the following E-mail address: publicinfo@sec.gov.

Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.

The Statement of Additional Information (“SAI”) has additional information about the Funds’ Trustees and Officers and is available without charge upon request. Contact your financial representative for a free prospectus or SAI.

Frequency Distribution of Discounts & Premiums

Information about differences between the per share net asset value of each Fund and the market trading price of shares of each Fund are available, without charge, at www.wisdomtree.com.

 

WisdomTree Trust      137  


The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission as separate series (“Funds”) of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree, Inc., serves as the investment adviser to the Trust. None of the WisdomTree entities are affiliated with Foreside Fund Services, LLC, the Funds’ distributor. WisdomTree, its affiliates and their independent providers are not liable for any informational errors, incompleteness, delays, or for any actions taken in reliance on information contained herein.

There are risks associated with investing, including possible loss of principal. Funds focusing their investments on certain sectors and/or smaller companies increase their vulnerability to any single economic or regulatory development. This may result in greater share price volatility. Dividends are not guaranteed, and a company currently paying dividends may cease paying dividends at any time. An ESG Fund’s ESG investment strategy limits the types and number of investment opportunities available to the Fund and, as a result, the Fund may underperform other funds that do not have an ESG focus. Companies selected for inclusion in an ESG Fund may not exhibit positive or favorable ESG characteristics at all times and may shift into and out of favor depending on market and economic conditions. Due to the investment strategy of certain Funds they may make higher capital gain distributions than other ETFs. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.

Indexes are unmanaged and you cannot invest directly in an index.

Transactions in Fund shares will result in brokerage commissions and will generate tax consequences. Shares may be sold through brokerage accounts, but may be redeemed from the Funds only by Authorized Participants in large creation unit sizes of shares.

This report is intended for the Funds’ shareholders. It may not be distributed to prospective investors unless it is preceded or accompanied by the current prospectus.


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WisdomTree Trust

Semi-Annual Report

September 30, 2022

 

WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

WisdomTree Emerging Markets High Dividend Fund (DEM)

WisdomTree Emerging Markets Multifactor Fund (EMMF)

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

WisdomTree Global High Dividend Fund (DEW)

WisdomTree Growth Leaders Fund (PLAT)

WisdomTree India Earnings Fund (EPI)

WisdomTree India ex-State-Owned Enterprises Fund (IXSE)

WisdomTree New Economy Real Estate Fund (WTRE)

(formerly, WisdomTree Global ex-U.S. Real Estate Fund (DRW))


Table of Contents

 

Information about Performance and Shareholder Expense Examples (unaudited)

       1  
Performance Summary (unaudited)        2
Description of Terms and Indexes (unaudited)        14  
Schedules of Investments (unaudited)

 

WisdomTree China ex-State-Owned Enterprises Fund

       17  

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

       22  

WisdomTree Emerging Markets High Dividend Fund

       31  

WisdomTree Emerging Markets Multifactor Fund

       38  

WisdomTree Emerging Markets Quality Dividend Growth Fund

       43  

WisdomTree Emerging Markets SmallCap Dividend Fund

       48  

WisdomTree Global ex-U.S. Quality Dividend Growth Fund

       60  

WisdomTree Global High Dividend Fund

       65  

WisdomTree Growth Leaders Fund

       74  

WisdomTree India Earnings Fund (consolidated)

       76  

WisdomTree India ex-State-Owned Enterprises Fund

       83  

WisdomTree New Economy Real Estate Fund

       86  

Statements of Assets and Liabilities (unaudited)

       88  

Statements of Operations (unaudited)

       91  

Statements of Changes in Net Assets (unaudited)

       94  

Financial Highlights (unaudited)

       98  

Notes to Financial Statements (unaudited)

       104  

Approval of Investment Advisory and Sub-Advisory Agreements (unaudited)

       118  

General Information (unaudited)

       121  

“WisdomTree” is a registered mark of WisdomTree, Inc. and is licensed for use by the WisdomTree Trust.


Information about Performance and Shareholder Expense Examples (unaudited)

Performance

The performance tables on the following pages are provided for comparative purposes and represent the period noted. Each Fund’s per share net asset value (“NAV”) is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the midpoint of the bid and ask price for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other exchange traded funds (“ETFs”), NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of a Fund’s portfolio securities.

Fund shares are bought and sold at market price (not NAV) and are not individually redeemed from a Fund. Fund NAV returns are calculated using a Fund’s daily 4:00 p.m. eastern time NAV. Market price returns reflect the midpoint of the bid and ask price as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period of less than one year are cumulative.

Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. For the most recent month-end performance information visit www.wisdomtree.com.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and an index is not available for direct investment. In comparison, the Funds’ performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or taxes that a shareholder would pay on Fund distributions. Past performance is no guarantee of future results.

Shareholder Expense Examples

Each Fund’s performance table is accompanied by a shareholder expense example. As a shareholder of a WisdomTree Fund, you incur two types of cost: (1) transaction costs, including brokerage commissions on purchases and sales of your Fund shares and (2) ongoing costs, including management fees and other Fund expenses. The examples are intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.

The examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2022 to September 30, 2022. Except where noted, expenses are calculated using each Fund’s annualized expense ratio (after the effect of contractual or voluntary fee waivers, if any), multiplied by the average account value for the period, multiplied by 183/365 (to reflect the one-half year period). The annualized expense ratio does not include acquired fund fees and expenses (“AFFEs”), which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies.

Actual expenses

The first line in the shareholder expense example table shown on the following pages provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During the Period” to estimate the expenses you paid on your account during the period.

Hypothetical example for comparison purposes

The second line in the shareholder expense example table shown on the following pages provides information about hypothetical account values and hypothetical expenses based on the Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.

 

WisdomTree Trust      1  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Discretionary

    34.7%  

Communication Services

    16.3%  

Health Care

    10.1%  

Information Technology

    9.9%  

Industrials

    8.9%  

Financials

    6.6%  

Consumer Staples

    6.0%  

Materials

    4.3%  

Real Estate

    2.0%  

Utilities

    0.7%  

Energy

    0.4%  

Other Assets less Liabilities‡

    0.1%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Tencent Holdings Ltd.

    10.5

Alibaba Group Holding Ltd.

    8.8

Meituan, Class B

    5.0

JD.com, Inc., Class A

    3.4

Contemporary Amperex Technology Co. Ltd., Class A

    2.9

Pinduoduo, Inc., ADR

    2.1

Ping An Insurance Group Co. of China Ltd., Class A

    2.0

Baidu, Inc., Class A

    2.0

Ping An Insurance Group Co. of China Ltd., Class H

    1.8

Wuxi Biologics Cayman, Inc.

    1.6
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree China ex-State-Owned Enterprises Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree China ex-State-Owned Enterprises Index (the “Index”). In seeking to track the Index, the Fund invests in Chinese companies that are not state-owned enterprises (“SOEs”), which is defined as government ownership of greater than 20%. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 782.50        0.32   $ 1.43  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.46        0.32   $ 1.62  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -21.75      -39.82      -3.01      -3.10      3.95

Fund Market Price Returns

       -20.58      -40.22      -3.04      -3.38      3.94

WisdomTree China Dividend ex-Financials/China ex-State-Owned Enterprises Spliced Index1

       -21.54      -39.53      -2.74      -3.32      4.25

MSCI China Index

       -19.85      -35.40      -7.18      -5.56      2.37

FTSE China 50 Index

       -20.35      -31.82      -11.00      -7.11      0.12
*

Returns of less than one year are cumulative.

 

1 

WisdomTree China Dividend ex-Financials Index through June 30, 2015; WisdomTree China ex-State-Owned Enterprises Index thereafter.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

2   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    21.9%  

Consumer Discretionary

    17.2%  

Financials

    16.6%  

Communication Services

    9.6%  

Materials

    7.7%  

Consumer Staples

    7.5%  

Health Care

    6.5%  

Industrials

    6.4%  

Energy

    3.6%  

Utilities

    1.9%  

Real Estate

    1.3%  

Other Assets less Liabilities‡

    -0.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Taiwan Semiconductor Manufacturing Co. Ltd.

    5.6%  

Samsung Electronics Co. Ltd.

    4.1%  

Tencent Holdings Ltd.

    4.0%  

Alibaba Group Holding Ltd.

    2.8%  

Reliance Industries Ltd., GDR

    2.3%  

Meituan, Class B

    1.6%  

ICICI Bank Ltd., ADR

    1.4%  

Housing Development Finance Corp. Ltd.

    1.3%  

Infosys Ltd., ADR

    1.3%  

JD.com, Inc., Class A

    1.2%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets ex-State-Owned Enterprises Index (the “Index”). In seeking to track the Index, the Fund invests in emerging market companies that are not state-owned enterprises, which is defined as government ownership of more than 20%. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 768.80        0.32   $ 1.42  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.46        0.32   $ 1.62  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       -23.12      -32.10      -1.63      -1.55      1.99

Fund Market Price Returns

       -23.00      -32.45      -2.07      -1.85      1.95

WisdomTree Emerging Markets ex-State-Owned Enterprises Index

       -23.20      -31.72      -0.99      -1.04      2.89

MSCI Emerging Markets Index

       -21.70      -28.11      -2.07      -1.81      1.26
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on December 10, 2014.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      3  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree Emerging Markets High Dividend Fund (DEM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    24.9%  

Materials

    21.1%  

Energy

    13.2%  

Information Technology

    11.4%  

Consumer Staples

    6.9%  

Utilities

    5.4%  

Industrials

    5.0%  

Communication Services

    4.6%  

Real Estate

    4.4%  

Consumer Discretionary

    2.0%  

Health Care

    0.3%  

Other Assets less Liabilities‡

    0.8%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Vale SA

    9.6%  

Petroleo Brasileiro SA

    4.6%  

China Construction Bank Corp., Class H

    3.6%  

Hon Hai Precision Industry Co. Ltd.

    2.6%  

Industrial & Commercial Bank of China Ltd., Class H

    2.2%  

Bank of China Ltd., Class H

    2.1%  

Grupo Mexico SAB de CV, Series B

    1.6%  

China Shenhua Energy Co. Ltd., Class H

    1.5%  

Telkom Indonesia Persero Tbk PT

    1.5%  

ITC Ltd.

    1.4%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Emerging Markets High Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets High Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in high-dividend-yielding companies in the emerging markets region. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 797.90        0.63   $ 2.84  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,021.91        0.63   $ 3.19  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -20.21      -18.33      -1.47      0.24      -0.09

Fund Market Price Returns

       -20.59      -18.33      -1.64      -0.04      -0.15

WisdomTree Emerging Markets High Dividend Index

       -20.74      -17.59      -0.49      1.07      0.82

MSCI Emerging Markets Index

       -21.70      -28.11      -2.07      -1.81      1.05

MSCI Emerging Markets Value Index

       -20.60      -23.63      -2.57      -2.13      -0.41
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

4   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree Emerging Markets Multifactor Fund (EMMF)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    16.9%  

Information Technology

    13.9%  

Consumer Staples

    11.6%  

Industrials

    10.6%  

Consumer Discretionary

    8.9%  

Communication Services

    8.8%  

Energy

    7.9%  

Materials

    7.7%  

Health Care

    6.9%  

Utilities

    5.6%  

Real Estate

    0.4%  

Other Assets less Liabilities‡

    0.8%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Taiwan Semiconductor Manufacturing Co. Ltd.

    2.7%  

Hengan International Group Co. Ltd.

    1.3%  

Tingyi Cayman Islands Holding Corp.

    1.2%  

Want Want China Holdings Ltd.

    1.1%  

Tencent Holdings Ltd.

    1.0%  

Daqo New Energy Corp., ADR

    1.0%  

Vipshop Holdings Ltd., ADR

    1.0%  

Kingboard Holdings Ltd.

    0.9%  

Mahindra & Mahindra Ltd.

    0.9%  

Bajaj Auto Ltd.

    0.8%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Emerging Markets Multifactor Fund (the “Fund”) seeks capital appreciation by investing in equity securities of emerging markets countries with the highest composite scores based on two fundamental factors, value and quality measures, and two technical factors, momentum and correlation.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 848.10        0.48   $ 2.22  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.66        0.48   $ 2.43  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      Since Inception1  

Fund NAV Returns

       -15.19      -20.27      -0.82      -2.87

Fund Market Price Returns

       -14.94      -20.32      -0.93      -2.94

MSCI Emerging Markets Index

       -21.70      -28.11      -2.07      -2.23
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on August 10, 2018.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      5  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    24.1%  

Materials

    14.7%  

Consumer Staples

    13.0%  

Consumer Discretionary

    8.7%  

Communication Services

    7.7%  

Industrials

    7.3%  

Health Care

    7.0%  

Financials

    6.1%  

Energy

    5.7%  

Utilities

    4.3%  

Real Estate

    1.6%  

Other Assets less Liabilities‡

    -0.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Taiwan Semiconductor Manufacturing Co. Ltd.

    5.3%  

Tencent Holdings Ltd.

    4.2%  

Samsung Electronics Co. Ltd.

    3.2%  

Infosys Ltd.

    1.4%  

Vale SA

    1.1%  

Tata Consultancy Services Ltd.

    1.0%  

Cipla Ltd.

    1.0%  

JSW Steel Ltd.

    1.0%  

Grupo Bimbo SAB de CV, Series A

    0.9%  

Bajaj Finance Ltd.

    0.9%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Emerging Markets Quality Dividend Growth Fund (the “Fund”) seeks income and capital appreciation by investing in dividend-paying companies with growth characteristics in the emerging markets region.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 758.00        0.32   $ 1.41  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.46        0.32   $ 1.62  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       -24.20      -28.28      -3.65      -2.74      -0.24

Fund Market Price Returns

       -23.41      -28.30      -3.53      -2.86      -0.46

MSCI Emerging Markets Index

       -21.70      -28.11      -2.07      -1.81      1.46
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on August 1, 2013.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

6   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    16.3%  

Financials

    15.1%  

Industrials

    13.8%  

Materials

    13.1%  

Consumer Discretionary

    10.0%  

Consumer Staples

    9.0%  

Real Estate

    7.7%  

Utilities

    6.4%  

Health Care

    2.9%  

Communication Services

    2.8%  

Energy

    2.0%  

Investment Company

    0.1%  

Other Assets less Liabilities‡

    0.8%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Transmissora Alianca de Energia Eletrica SA

    1.8%  

African Rainbow Minerals Ltd.

    1.0%  

Banco del Bajio SA

    0.9%  

Royal Bafokeng Platinum Ltd.

    0.9%  

Synnex Technology International Corp.

    0.9%  

Cyrela Brazil Realty SA Empreendimentos e Participacoes

    0.8%  

Chicony Electronics Co. Ltd.

    0.7%  

Truworths International Ltd.

    0.7%  

SPAR Group Ltd.

    0.7%  

AVI Ltd.

    0.7%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Emerging Markets SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the emerging markets region. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 782.90        0.58   $ 2.59  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -21.71      -20.90      1.19      0.28      2.32

Fund Market Price Returns

       -21.93      -21.12      1.01      0.11      2.30

WisdomTree Emerging Markets SmallCap Dividend Index

       -21.41      -20.40      2.36      1.36      3.35

MSCI Emerging Markets Small Cap Index

       -20.80      -23.23      5.54      1.25      2.91

MSCI Emerging Markets Index

       -21.70      -28.11      -2.07      -1.81      1.05
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      7  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

 

Sector Breakdown

 

Sector   % of Net Assets  

Materials

    21.4%  

Consumer Discretionary

    19.1%  

Information Technology

    17.8%  

Health Care

    16.7%  

Industrials

    10.5%  

Consumer Staples

    3.7%  

Communication Services

    3.2%  

Financials

    3.0%  

Energy

    2.9%  

Utilities

    1.1%  

Real Estate

    0.1%  

Other Assets less Liabilities‡

    0.5%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Novo Nordisk A/S, Class B

    8.2%  

BHP Group Ltd.

    6.8%  

LVMH Moet Hennessy Louis Vuitton SE

    6.6%  

Anglo American PLC

    5.7%  

Roche Holding AG, Bearer Shares

    4.5%  

Industria de Diseno Textil SA

    3.6%  

Taiwan Semiconductor Manufacturing Co. Ltd.

    3.4%  

Vale SA

    3.3%  

Tokyo Electron Ltd.

    2.6%  

ASML Holding NV

    2.4%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Global ex-U.S. Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies with growth characteristics in developed and emerging equity markets, excluding the U.S. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 719.60        0.42   $ 1.81  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.96        0.42   $ 2.13  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -28.04      -28.60      1.29      2.25      3.72

Fund Market Price Returns

       -28.36      -29.16      0.92      1.99      3.64

WisdomTree Global ex-U.S. Quality Dividend Growth Index

       -28.39      -28.47      1.77      2.84      4.36

MSCI AC World ex-USA Growth Index

       -23.61      -30.22      -1.38      0.18      3.95

MSCI AC World ex-USA Index

       -22.27      -25.17      -1.52      -0.81      3.01
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

8   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree Global High Dividend Fund (DEW)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    21.8%  

Consumer Staples

    13.6%  

Health Care

    13.0%  

Utilities

    11.3%  

Real Estate

    7.8%  

Energy

    7.6%  

Information Technology

    6.9%  

Communication Services

    6.1%  

Materials

    5.8%  

Industrials

    3.8%  

Consumer Discretionary

    1.3%  

Investment Company

    0.6%  

Other Assets less Liabilities‡

    0.4%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

AbbVie, Inc.

    3.0%  

Coca-Cola Co.

    2.9%  

Philip Morris International, Inc.

    2.6%  

Pfizer, Inc.

    2.4%  

PepsiCo, Inc.

    2.3%  

Verizon Communications, Inc.

    2.0%  

Merck & Co., Inc.

    1.8%  

Cisco Systems, Inc.

    1.8%  

Altria Group, Inc.

    1.4%  

Broadcom, Inc.

    1.4%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Global High Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global High Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in high-dividend-yielding companies in the U.S. and in developed and emerging equity markets. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 826.60        0.58   $ 2.66  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -17.34      -9.18      0.29      1.34      3.90

Fund Market Price Returns

       -17.48      -8.91      0.32      1.27      3.86

WisdomTree Global High Dividend Index

       -17.49      -9.34      0.02      1.07      3.82

MSCI AC World Index

       -21.41      -20.66      3.75      4.44      7.28
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      9  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree Growth Leaders Fund (PLAT)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    35.0%  

Consumer Discretionary

    23.4%  

Communication Services

    23.0%  

Financials

    8.0%  

Industrials

    7.1%  

Health Care

    1.7%  

Real Estate

    1.6%  

Other Assets less Liabilities‡

    0.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Apple, Inc.

    10.2%  

Microsoft Corp.

    9.4%  

Alphabet, Inc., Class A

    8.8%  

Amazon.com, Inc.

    8.2%  

Visa, Inc., Class A

    3.8%  

Meta Platforms, Inc., Class A

    3.6%  

MasterCard, Inc., Class A

    2.8%  

Salesforce, Inc.

    1.9%  

Snowflake, Inc., Class A

    1.9%  

PayPal Holdings, Inc.

    1.9%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Growth Leaders Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Growth Leaders Index (the “Index”). In seeking to track the Index, the Fund invests in high growth mid- and large-cap companies that are generating substantial revenue from a modern platform business. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 677.60        0.20   $ 0.84  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,024.07        0.20   $ 1.01  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      Since Inception1  

Fund NAV Returns

       -32.24      -45.29      0.12      0.45

Fund Market Price Returns

       -32.38      -45.43      0.04      0.43

WisdomTree Growth Leaders Index

       -32.20      -45.27      0.42      0.75

MSCI AC World Index

       -21.41      -20.66      3.75      4.45

S&P 500® Index

       -20.20      -15.47      8.16      8.81
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on May 22, 2019.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

10   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree India Earnings Fund (EPI)

 

Sector Breakdown

 

Sector   % of Net Assets  

Materials

    24.8%  

Energy

    17.1%  

Financials

    16.4%  

Information Technology

    12.6%  

Utilities

    7.3%  

Consumer Discretionary

    5.9%  

Industrials

    5.9%  

Consumer Staples

    4.5%  

Health Care

    4.3%  

Communication Services

    3.2%  

Real Estate

    0.5%  

Investment Company

    0.0%

Other Assets less Liabilities‡

    -2.5%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

Reliance Industries Ltd.

    7.9%  

Tata Steel Ltd.

    6.4%  

Infosys Ltd.

    5.0%  

ICICI Bank Ltd.

    4.7%  

Oil & Natural Gas Corp. Ltd.

    3.3%  

Axis Bank Ltd.

    2.6%  

Tata Consultancy Services Ltd.

    2.5%  

Hindalco Industries Ltd.

    2.1%  

Power Grid Corp. of India Ltd.

    2.1%  

JSW Steel Ltd.

    2.0%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree India Earnings Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree India Earnings Index (the “Index”). In seeking to track the Index, the Fund invests in profitable companies in the Indian equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 904.30        0.85   $ 4.06  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,020.81        0.85   $ 4.31  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -9.57      -11.80      12.39      6.63      6.70

Fund Market Price Returns

       -9.97      -12.63      11.74      6.23      6.60

WisdomTree India Earnings Index

       -9.38      -11.48      14.66      8.13      8.10

MSCI India Index

       -8.04      -9.94      11.51      7.98      7.27
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      11  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree India ex-State-Owned Enterprises Fund (IXSE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    27.7%  

Information Technology

    12.2%  

Materials

    11.5%  

Consumer Discretionary

    11.3%  

Energy

    10.3%  

Consumer Staples

    9.6%  

Health Care

    7.4%  

Utilities

    4.1%  

Communication Services

    4.1%  

Industrials

    3.3%  

Real Estate

    0.9%  

Other Assets less Liabilities‡

    -2.4%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Reliance Industries Ltd.

    10.3%  

Infosys Ltd.

    7.6%  

ICICI Bank Ltd.

    6.5%  

Housing Development Finance Corp. Ltd.

    6.1%  

Hindustan Unilever Ltd.

    3.6%  

Kotak Mahindra Bank Ltd.

    3.0%  

Bajaj Finance Ltd.

    2.8%  

Bharti Airtel Ltd.

    2.8%  

Axis Bank Ltd.

    2.4%  

Asian Paints Ltd.

    2.2%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree India ex-State-Owned Enterprises Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree India ex-State-Owned Enterprises Index (the “Index”). In seeking to track the Index, the Fund invests in Indian companies that are not state-owned, which is defined as government ownership greater than 20%. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 924.10        0.58   $ 2.80  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      Since Inception1  

Fund NAV Returns

       -7.59      -10.41      10.26      8.02

Fund Market Price Returns

       -7.88      -11.14      9.62      7.25

WisdomTree India ex-State-Owned Enterprises Index

       -7.10      -10.32      13.66      10.95

MSCI India Index

       -8.04      -9.94      11.51      8.27
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on April 4, 2019.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

12   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree New Economy Real Estate Fund (WTRE)

(formerly, WisdomTree Global ex-U.S. Real Estate Fund (DRW))

 

Sector Breakdown

 

Sector   % of Net Assets  

Real Estate

    82.7%  

Communication Services

    9.8%  

Consumer Discretionary

    3.4%  

Information Technology

    3.4%  

Financials

    0.2%  

Other Assets less Liabilities‡

    0.5%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

China Tower Corp. Ltd., Class H

    6.6%  

SBA Communications Corp.

    5.8%  

Iron Mountain, Inc.

    5.3%  

Alexandria Real Estate Equities, Inc.

    4.4%  

Rexford Industrial Realty, Inc.

    4.2%  

Duke Realty Corp.

    4.0%  

Equinix, Inc.

    3.7%  

Crown Castle International Corp.

    3.6%  

American Tower Corp.

    3.5%  

Prologis, Inc.

    3.5%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree New Economy Real Estate Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the CenterSquare New Economy Real Estate Index (the “Index”).

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 678.90        0.58   $ 2.44  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -32.11      -35.37      -15.43      -8.51      -0.71

Fund Market Price Returns

       -31.70      -35.66      -15.50      -8.68      -0.73

WisdomTree Global ex-U.S. Real Estate/CenterSquare New Economy Real Estate Spliced Index1

       -31.97      -35.51      -15.36      -8.35      -0.53

Dow Jones Global ex-U.S. Select Real Estate Securities/MSCI World Real Estate Investment Trust USD Spliced Benchmark Index

       -30.90      -31.70      -11.34      -4.83      -0.04

MSCI AC World ex-USA Index

       -22.27      -25.17      -1.52      -0.81      3.01
*

Returns of less than one year are cumulative.

 

1 

WisdomTree Global ex-U.S. Real Estate Index through April 20, 2022; CenterSquare New Economy Real Estate Index thereafter.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      13  


Description of Terms and Indexes (unaudited)

Below are descriptions of certain terms and of each Index referenced in this report:

The CenterSquare New Economy Real Estate Index is a weighted index that consists of global stocks of real estate companies that have material direct and/or indirect exposure to technology, sciences and/or ecommerce related business models and meet specific screening requirements that consider factors including growth, valuation and leverage criteria.

Correlation is a statistical measure of how two sets of returns move in relation to each other. Correlation coefficients range from -1 to 1. A correlation of 1 means the two subjects of analysis move in lockstep with each other. A correlation of -1 means the two subjects of analysis have moved in exactly the opposite direction.

The Dow Jones Global ex-U.S. Select Real Estate Securities Index is a float-adjusted market capitalization weighted index that defines and measures the investable universe of publicly traded real estate securities in countries outside the U.S.

Factors generally are attributes that are based on its fundamentals or share price behavior.

The FTSE China 50 Index is a capitalization weighted index that is comprised of the 50 largest and most liquid Chinese securities.

Growth is generally characterized by higher price levels relative to fundamentals, such as dividends or earnings. Price levels are higher because investors are willing to pay more due to their expectations of future improvements in these fundamentals.

Momentum is generally characterized by assets with recent price increase trends over time. This term is also associated with the momentum factor which associates these stock characteristics with excess return vs. the market over time.

The MSCI AC World ex-USA Growth Index is comprised of growth stocks in the developed and emerging markets covered by MSCI, excluding the U.S.

The MSCI AC World ex-USA Index is a free float-adjusted market capitalization-weighted index designed to measure the combined equity market performance of developed and emerging markets countries, excluding the U.S.

The MSCI AC World Index is comprised of the world stock market indexes covered by MSCI.

The MSCI China Index is a free float-adjusted market capitalization weighted index designed to measure the performance of the Chinese equity market.

The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure emerging markets equity performance.

The MSCI Emerging Markets Small Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of small capitalization equities in the emerging markets.

The MSCI Emerging Markets Value Index captures large and mid cap securities exhibiting overall value style characteristics across 27 Emerging Markets countries.

The MSCI India Index is a free float-adjusted market capitalization index that is designed to measure the performance of the Indian equity market.

The MSCI World Real Estate Investment Trusts Index is a free float-adjusted market capitalization index that captures large and mid cap companies.

Quality is generally characterized by higher efficiency and profitability. Typical measures include earnings, return-on-equity, return on assets, operating profitability as well as others. This term is also related to the quality factor, which associates these stock characteristics with excess returns vs. the market over time.

The S&P 500® Index is a capitalization-weighted index of 500 stocks selected by the Standard & Poor’s Index Committee, designed to represent the performance of the leading industries in the United States economy.

 

14   WisdomTree Trust


Description of Terms and Indexes (unaudited) (continued)

 

The WisdomTree China Dividend ex-Financials Index is comprised of Chinese dividend paying stocks outside the Financials sector.

The WisdomTree China ex-State-Owned Enterprises Index measures the performance of Chinese stocks that are not state-owned enterprises. WisdomTree, Inc., as index provider, defines state-owned enterprises as companies with over 20% government ownership.

The WisdomTree Emerging Markets ex-State-Owned Enterprises Index is a modified market capitalization weighted index that consists of common stocks in emerging markets, excluding common stocks of “state-owned enterprises.” WisdomTree, Inc., as index provider, defines state-owned enterprises as companies with over 20% government ownership.

The WisdomTree Emerging Markets High Dividend Index is comprised of the highest dividend-yielding stocks selected from the WisdomTree Emerging Markets Dividend Index.

The WisdomTree Emerging Markets SmallCap Dividend Index is comprised of primarily small-capitalization stocks selected from the WisdomTree Emerging Markets Dividend Index.

The WisdomTree Global ex-U.S. Quality Dividend Growth Index is comprised of growth companies selected from developed and emerging markets outside the U.S.

The WisdomTree Global ex-U.S. Real Estate Index is comprised of companies in developed and emerging markets outside of Canada and the U.S., which WisdomTree classifies as being Global Real Estate securities.

The WisdomTree Global High Dividend Index is comprised of high dividend-paying companies selected from the WisdomTree Global Dividend Index.

The WisdomTree Growth Leaders Index is a modified market capitalization-weighted index that is designed to provide exposure to mid and large-cap companies that are leveraging platform-based business models with high revenue growth.

The WisdomTree India Earnings Index is a fundamentally weighted index that is comprised of companies incorporated and traded in India that are profitable and that are eligible to be purchased by foreign investors as of the index measurement date.

The WisdomTree India ex-State-Owned Enterprises Index measures the performance of Indian stocks that are not state-owned enterprises. State-owned enterprises are defined as government ownership of more than 20% of outstanding shares of companies.

The Dow Jones Global ex-U.S. Select Real Estate Securities Index is calculated, distributed and marketed by Dow Jones Indexes, a licensed trademark of CME Group Index Services LLC, and has been licensed for use.

The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s (“S&P”), a division of The McGraw-Hill Companies, Inc. and is licensed for use by WisdomTree, Inc. Neither MSCI, S&P nor any other party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.

Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data

 

WisdomTree Trust      15  


Description of Terms and Indexes (unaudited) (concluded)

have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.

WisdomTree, Inc. and WisdomTree Asset Management, Inc. (together, “WisdomTree”) and the Funds make no representation or warranty, express or implied, to the owners of shares of the Funds or any member of the public regarding the advisability of investing in securities generally or in the Funds particularly or the ability of the underlying Indexes to track the performance of their underlying securities. WisdomTree is the licensor of certain trademarks, service marks and trade names of the Funds. WisdomTree has no obligation to take the needs of the Funds or the owners of shares of the Funds into consideration in determining, composing, or calculating the underlying WisdomTree Indexes of the applicable Funds. WisdomTree is not responsible for, and has not participated in, the determination of the timing of, prices of, or quantities of shares of the Funds to be issued or in the determination or calculation of the equation by which the shares of the Funds are redeemable. WisdomTree and the Funds do not guarantee the accuracy, completeness, or performance of the underlying Indexes or the data included therein and shall have no liability in connection with the underlying Indexes or their calculation.

Index performance information assumes the reinvestment of dividends and excludes management fees, transaction costs and expenses. You cannot directly invest in an index.

* * * * * *

Abbreviations used in the schedules of investments and related tables included in this report are as follows:

 

CURRENCY ABBREVIATIONS:
BRL   Brazilian real    HUF   Hungary forint    SEK   Swedish krona
CAD   Canadian dollar    IDR   Indonesian rupiah    SGD   Singapore dollar
CLP   Chilean peso    INR   Indian rupee    THB   Thai bhat
CNH   Offshore Chinese renminbi    JPY   Japanese yen    TRY   Turkish new lira
CNY   Chinese yuan    KRW   South Korean won    TWD   New Taiwan dollar
CZK   Czech koruna    MYR   Malaysian ringgit    USD   U.S. Dollar
GBP   British pound    PHP   Philippine peso    ZAR   South African rand
HKD   Hong Kong dollar    PLN   Polish zloty     
OTHER ABBREVIATIONS:
ADR   American Depositary Receipt
CVA   Certificaten Van Aandelen
GDR   Global Depositary Receipt
NVDR   Non-Voting Depositary Receipt

 

16   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%

 

China – 99.9%

 

Air Freight & Logistics – 1.1%

 

SF Holding Co. Ltd., Class A

     692,361      $ 4,585,860  

ZTO Express Cayman, Inc.(a)

     149,282        3,580,912  
     

 

 

 
Total Air Freight & Logistics

 

     8,166,772  
Auto Components – 0.5%

 

Fuyao Glass Industry Group Co. Ltd., Class A

     415,567        2,087,409  

Fuyao Glass Industry Group Co. Ltd., Class H(b)

     300,900        1,215,115  

Minth Group Ltd.

     317,200        702,294  
     

 

 

 
Total Auto Components

 

     4,004,818  
Automobiles – 5.9%

 

BYD Co. Ltd., Class A

     240,688        8,508,137  

BYD Co. Ltd., Class H

     398,400        9,866,235  

Geely Automobile Holdings Ltd.

     2,327,900        3,208,688  

Great Wall Motor Co. Ltd., Class A

     299,200        1,166,725  

Great Wall Motor Co. Ltd., Class H

     1,423,400        1,635,571  

Li Auto, Inc., ADR*

     249,992        5,752,316  

NIO, Inc., ADR*

     676,725        10,671,953  

Niu Technologies, ADR*(a)

     13,003        53,312  

XPeng, Inc., Class A, ADR*(a)

     237,005        2,832,210  

Yadea Group Holdings Ltd.(b)

     440,200        706,572  
     

 

 

 
Total Automobiles

 

     44,401,719  
Banks – 1.2%

 

China Minsheng Banking Corp. Ltd., Class A

     8,094,236        3,848,911  

China Minsheng Banking Corp. Ltd., Class H(a)

     3,014,900        864,154  

Ping An Bank Co. Ltd., Class A

     2,406,900        3,997,348  
     

 

 

 
Total Banks

 

     8,710,413  
Beverages – 0.8%

 

JiuGui Liquor Co. Ltd., Class A

     69,500        1,224,925  

Nongfu Spring Co. Ltd., Class H(a)(b)

     887,300        5,148,666  
     

 

 

 
Total Beverages

 

     6,373,591  
Biotechnology – 2.1%

 

Akeso, Inc.*(a)(b)

     208,600        576,647  

BeiGene Ltd.*

     416,700        4,302,416  

Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A

     56,885        912,822  

Chongqing Zhifei Biological Products Co. Ltd., Class A

     250,500        3,036,928  

I-Mab, ADR*(a)

     18,270        73,263  

InnoCare Pharma Ltd.*(a)(b)

     317,300        321,750  

Innovent Biologics, Inc.*(b)

     535,200        1,666,982  

Remegen Co. Ltd., Class H*(a)(b)

     65,000        315,068  

Shenzhen Kangtai Biological Products Co. Ltd., Class A

     178,920        760,689  

Walvax Biotechnology Co. Ltd., Class A

     544,900        2,835,652  

Zai Lab Ltd.*(a)

     389,430        1,359,301  
     

 

 

 
Total Biotechnology

 

     16,161,518  
Building Products – 0.3%

 

China Lesso Group Holdings Ltd.

     494,300        460,303  

Xinyi Glass Holdings Ltd.

     1,377,000        2,003,254  
     

 

 

 
Total Building Products

 

     2,463,557  
Capital Markets – 1.3%

 

East Money Information Co. Ltd., Class A

     3,336,136      8,245,403  

Futu Holdings Ltd., ADR*(a)

     34,057        1,269,986  
     

 

 

 
Total Capital Markets

 

     9,515,389  
Chemicals – 2.2%

 

Dongyue Group Ltd.

     934,900        932,530  

Guangzhou Tinci Materials Technology Co. Ltd., Class A

     441,700        2,729,821  

Hengli Petrochemical Co. Ltd., Class A

     586,700        1,392,447  

Jiangsu Eastern Shenghong Co. Ltd., Class A

     556,700        1,360,291  

LB Group Co. Ltd., Class A

     391,500        864,917  

Rongsheng Petrochemical Co. Ltd., Class A

     972,200        1,885,993  

Shanghai Putailai New Energy Technology Co. Ltd., Class A

     197,600        1,546,619  

Shenzhen Capchem Technology Co. Ltd., Class A

     167,460        983,739  

Sichuan Yahua Industrial Group Co. Ltd., Class A

     355,500        1,267,586  

Suzhou TA&A Ultra Clean Technology Co. Ltd., Class A

     120,300        1,118,265  

Tongkun Group Co. Ltd., Class A

     548,800        1,039,226  

Zhejiang Longsheng Group Co. Ltd., Class A

     714,700        903,256  

Zhejiang Yongtai Technology Co. Ltd., Class A

     204,900        659,897  
     

 

 

 
Total Chemicals

 

     16,684,587  
Commercial Services & Supplies – 0.0%

 

China Conch Environment Protection Holdings Ltd.*

     664,663        340,380  
Communications Equipment – 0.1%

 

BYD Electronic International Co. Ltd.(a)

     369,700        892,943  
Construction & Engineering – 0.2%

 

China Conch Venture Holdings Ltd.

     723,163        1,153,391  
Construction Materials – 0.4%

 

Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A

     438,300        1,621,227  

China Jushi Co. Ltd., Class A

     715,000        1,321,855  
     

 

 

 
Total Construction Materials

 

     2,943,082  
Consumer Finance – 0.2%

 

360 DigiTech, Inc., ADR

     59,768        766,226  

Lufax Holding Ltd., ADR

     313,596        796,534  
     

 

 

 
Total Consumer Finance

 

     1,562,760  
Diversified Consumer Services – 0.4%

 

Fu Shou Yuan International Group Ltd.

     790,700        436,150  

New Oriental Education & Technology Group, Inc.*(a)

     589,063        1,493,312  

TAL Education Group, ADR*

     201,951        997,638  
     

 

 

 
Total Diversified Consumer Services

 

     2,927,100  
Electrical Equipment – 5.0%

 

Contemporary Amperex Technology Co. Ltd., Class A

     394,959        22,209,536  

Gotion High-tech Co. Ltd., Class A

     310,900        1,331,404  

Ming Yang Smart Energy Group Ltd., Class A

     543,800        1,840,597  

Sungrow Power Supply Co. Ltd., Class A

     318,300        4,938,926  

TBEA Co. Ltd., Class A

     1,082,800        3,291,315  

 

See Notes to Financial Statements.

 

WisdomTree Trust      17  


Schedule of Investments (unaudited) (continued)

WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

September 30, 2022

 

 

 

Investments    Shares      Value  

Xinjiang Goldwind Science & Technology Co. Ltd., Class A

     892,115      $ 1,419,045  

Xinjiang Goldwind Science & Technology Co. Ltd., Class H

     411,000        476,975  

Zhejiang Chint Electrics Co. Ltd., Class A

     380,400        1,428,938  

Zhuzhou CRRC Times Electric Co. Ltd.

     284,100        1,194,321  
     

 

 

 
Total Electrical Equipment

 

     38,131,057  
Electronic Equipment, Instruments & Components – 3.4%

 

AAC Technologies Holdings, Inc.*(a)

     400,700        626,836  

BOE Technology Group Co. Ltd., Class A

     9,825,000        4,506,533  

Chaozhou Three-Circle Group Co. Ltd., Class A

     381,700        1,394,201  

Foxconn Industrial Internet Co. Ltd., Class A

     1,421,300        1,698,586  

GoerTek, Inc., Class A

     767,100        2,851,413  

Hollysys Automation Technologies Ltd.

     27,670        473,157  

Kingboard Holdings Ltd.

     309,300        874,719  

Lens Technology Co. Ltd., Class A

     580,500        751,564  

Luxshare Precision Industry Co. Ltd., Class A

     1,290,476        5,321,812  

Maxscend Microelectronics Co. Ltd., Class A

     122,700        1,521,627  

Sunny Optical Technology Group Co. Ltd.

     362,800        3,473,219  

Wingtech Technology Co. Ltd., Class A

     209,200        1,398,843  

Zhejiang Dahua Technology Co. Ltd., Class A

     530,700        956,565  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     25,849,075  
Energy Equipment & Services – 0.0%

 

China Common Rich Renewable Energy Investments Ltd.*(a)

     502,000        0  
Entertainment – 2.3%

 

Alibaba Pictures Group Ltd.*

     5,688,300        293,477  

Bilibili, Inc., Class Z*

     99,685        1,518,787  

iQIYI, Inc., ADR*(a)

     140,368        380,397  

Kingsoft Corp. Ltd.

     451,400        1,201,832  

NetEase, Inc.

     777,115        11,731,121  

Tencent Music Entertainment Group, ADR*

     277,661        1,127,304  

XD, Inc.*(a)

     105,700        215,442  

Zhejiang Century Huatong Group Co. Ltd., Class A*

     1,632,900        854,340  
     

 

 

 
Total Entertainment

 

     17,322,700  
Food Products – 4.9%

 

China Feihe Ltd.(b)

     1,506,100        1,055,243  

Dali Foods Group Co. Ltd.(b)

     1,057,700        455,423  

Foshan Haitian Flavouring & Food Co. Ltd., Class A

     435,956        5,064,541  

Guangdong Haid Group Co. Ltd., Class A

     232,503        1,965,912  

Inner Mongolia Yili Industrial Group Co. Ltd., Class A

     1,628,600        7,534,030  

Muyuan Foods Co. Ltd., Class A

     702,674        5,373,682  

Tingyi Cayman Islands Holding Corp.

     901,000        1,554,101  

Tongwei Co. Ltd., Class A

     742,158        4,888,625  

Uni-President China Holdings Ltd.

     600,000        503,701  

Want Want China Holdings Ltd.

     2,436,100        1,592,019  

Wens Foodstuffs Group Co. Ltd., Class A*

     1,554,500        4,472,173  

WH Group Ltd.(b)

     4,076,183        2,570,365  

Yihai International Holding Ltd.*

     182,300        385,506  
     

 

 

 
Total Food Products

 

     37,415,321  
Gas Utilities – 0.7%

 

ENN Energy Holdings Ltd.

     401,200      5,366,438  
Health Care Equipment & Supplies – 1.7%

 

Lepu Medical Technology Beijing Co. Ltd., Class A

     362,100        1,073,224  

Lifetech Scientific Corp.*

     1,492,100        496,106  

Microport Scientific Corp.*(a)

     371,900        640,529  

Ovctek China, Inc., Class A

     132,500        767,588  

Peijia Medical Ltd.*(b)

     149,700        117,854  

Shandong Weigao Group Medical Polymer Co. Ltd., Class H

     1,180,000        1,587,383  

Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A

     185,074        7,762,093  

Venus MedTech Hangzhou, Inc., Class H*(a)(b)

     97,400        113,904  
     

 

 

 
Total Health Care Equipment & Supplies

 

     12,558,681  
Health Care Providers & Services – 0.9%

 

Aier Eye Hospital Group Co. Ltd., Class A

     936,592        3,766,521  

Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A

     96,403        857,048  

Hygeia Healthcare Holdings Co. Ltd.*(a)(b)

     139,100        785,881  

Jinxin Fertility Group Ltd.(b)

     645,600        316,636  

Topchoice Medical Corp., Class A*

     64,800        1,163,448  
     

 

 

 
Total Health Care Providers & Services

 

     6,889,534  
Health Care Technology – 0.0%

 

Yidu Tech, Inc.*(a)(b)

     216,300        132,813  
Hotels, Restaurants & Leisure – 2.7%

 

H World Group Ltd.

     627,870        2,187,575  

Haidilao International Holding Ltd.*(a)(b)

     581,000        1,139,811  

Jiumaojiu International Holdings Ltd.(a)(b)

     350,700        575,423  

Tongcheng Travel Holdings Ltd.*

     498,000        976,981  

Trip.com Group Ltd.*

     232,377        6,240,216  

Yum China Holdings, Inc.

     204,256        9,667,436  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     20,787,442  
Household Durables – 2.0%

 

Gree Electric Appliances, Inc. of Zhuhai, Class A

     1,296,800        5,899,052  

Haier Smart Home Co. Ltd., Class A

     1,185,800        4,120,023  

Haier Smart Home Co. Ltd., Class H

     1,143,100        3,502,153  

TCL Technology Group Corp., Class A

     3,553,800        1,809,514  
     

 

 

 
Total Household Durables

 

     15,330,742  
Household Products – 0.1%

 

Blue Moon Group Holdings Ltd.(a)(b)

     617,300        435,654  
Independent Power & Renewable Electricity Producers – 0.0%

 

Xinyi Energy Holdings Ltd.(a)

     906,000        279,305  
Industrial Conglomerates – 0.2%

 

China Baoan Group Co. Ltd., Class A

     632,700        995,756  

Fosun International Ltd.

     1,107,700        687,206  
     

 

 

 
Total Industrial Conglomerates

 

     1,682,962  
Insurance – 4.0%

 

Ping An Insurance Group Co. of China Ltd., Class A

     2,626,194        15,316,994  

 

See Notes to Financial Statements.

 

18   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

September 30, 2022

 

 

 

Investments    Shares      Value  

Ping An Insurance Group Co. of China Ltd., Class H

     2,783,900      $ 13,901,945  

ZhongAn Online P&C Insurance Co. Ltd., Class H*(a)(b)

     302,200        677,553  
     

 

 

 
Total Insurance

 

     29,896,492  
Interactive Media & Services – 13.6%

 

Autohome, Inc., Class A(a)

     100,340        722,202  

Baidu, Inc., Class A*

     1,034,780        15,040,752  

Hello Group, Inc., ADR

     54,796        253,157  

JOYY, Inc., ADR

     22,607        587,782  

Kuaishou Technology*(b)

     931,000        6,042,682  

Tencent Holdings Ltd.

     2,352,000        79,819,208  

Weibo Corp., ADR*

     34,095        583,024  
     

 

 

 
Total Interactive Media & Services

 

     103,048,807  
Internet & Direct Marketing Retail – 20.0%

 

Alibaba Group Holding Ltd.*

     6,701,200        66,543,337  

Dada Nexus Ltd., ADR*

     35,864        169,637  

JD Health International, Inc.*(b)

     510,850        2,934,984  

JD.com, Inc., Class A

     1,030,652        26,075,171  

Meituan, Class B*(b)

     1,794,300        37,852,212  

Pinduoduo, Inc., ADR*

     253,117        15,840,062  

Ping An Healthcare and Technology Co. Ltd.*(a)(b)

     207,200        390,650  

Vipshop Holdings Ltd., ADR*

     176,294        1,482,633  
     

 

 

 
Total Internet & Direct Marketing Retail

 

     151,288,686  
IT Services – 0.4%

 

Chinasoft International Ltd.*

     1,375,200        846,153  

Chindata Group Holdings Ltd., ADR*(a)

     56,813        459,049  

GDS Holdings Ltd., Class A*

     435,800        954,886  

Kingsoft Cloud Holdings Ltd., ADR*(a)

     52,935        105,341  

Vnet Group, Inc., ADR*(a)

     61,550        338,525  
     

 

 

 
Total IT Services

 

     2,703,954  
Life Sciences Tools & Services – 3.5%

 

Genscript Biotech Corp.*

     514,400        1,124,486  

Hangzhou Tigermed Consulting Co. Ltd., Class A

     162,767        2,081,748  

Hangzhou Tigermed Consulting Co. Ltd., Class H(b)

     62,900        510,017  

Pharmaron Beijing Co. Ltd., Class A

     213,650        1,619,798  

Pharmaron Beijing Co. Ltd., Class H(b)

     114,450        556,220  

WuXi AppTec Co. Ltd., Class A

     676,447        6,802,282  

WuXi AppTec Co. Ltd., Class H(b)

     204,395        1,652,105  

Wuxi Biologics Cayman, Inc.*(b)

     2,007,400        12,121,270  
     

 

 

 
Total Life Sciences Tools & Services

 

     26,467,926  
Machinery – 1.9%

 

Haitian International Holdings Ltd.

     318,400        605,171  

Jiangsu Hengli Hydraulic Co. Ltd., Class A

     120,300        764,072  

Sany Heavy Equipment International Holdings Co. Ltd.

     489,600        477,756  

Sany Heavy Industry Co. Ltd., Class A

     1,838,048        3,578,562  

Shenzhen Inovance Technology Co. Ltd., Class A

     587,400        4,738,485  

Wuxi Lead Intelligent Equipment Co. Ltd., Class A

     316,200        2,098,346  

Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A

     505,800        1,745,324  
     

 

 

 
Total Machinery

 

     14,007,716  
Marine – 0.2%

 

SITC International Holdings Co. Ltd.

     725,000      1,341,036  
Media – 0.4%

 

China Literature Ltd.*(a)(b)

     194,000        549,880  

Focus Media Information Technology Co. Ltd., Class A

     2,957,124        2,289,659  
     

 

 

 
Total Media

 

     2,839,539  
Metals & Mining – 1.4%

 

China Hongqiao Group Ltd.

     998,600        826,877  

Ganfeng Lithium Co. Ltd., Class A

     350,020        3,674,421  

Ganfeng Lithium Co. Ltd., Class H(a)(b)

     207,940        1,384,077  

GEM Co. Ltd., Class A

     1,401,000        1,450,296  

Zhejiang Huayou Cobalt Co. Ltd., Class A

     370,750        3,345,988  
     

 

 

 
Total Metals & Mining

 

     10,681,659  
Oil, Gas & Consumable Fuels – 0.4%

 

Guanghui Energy Co. Ltd., Class A

     1,453,300        2,503,317  

United Energy Group Ltd.(a)

     4,529,000        519,255  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     3,022,572  
Paper & Forest Products – 0.3%

 

Chengxin Lithium Group Co. Ltd., Class A

     195,600        1,282,938  

Lee & Man Paper Manufacturing Ltd.(a)

     1,205,300        386,929  

Nine Dragons Paper Holdings Ltd.

     950,100        590,643  
     

 

 

 
Total Paper & Forest Products

 

     2,260,510  
Personal Products – 0.2%

 

Hengan International Group Co. Ltd.

     296,400        1,325,321  
Pharmaceuticals – 1.9%

 

Asymchem Laboratories Tianjin Co. Ltd., Class A

     72,447        1,409,481  

CanSino Biologics, Inc., Class H(a)(b)

     54,200        307,598  

China Medical System Holdings Ltd.

     589,000        703,057  

Hansoh Pharmaceutical Group Co. Ltd.(b)

     496,100        784,922  

Jiangsu Hengrui Medicine Co. Ltd., Class A

     1,107,168        5,451,084  

Kangmei Pharmaceutical Co. Ltd., Class A*

     199,602        50,676  

Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A

     344,304        1,427,607  

Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H(a)

     249,400        604,922  

Sino Biopharmaceutical Ltd.

     5,225,150        2,456,185  

Zhejiang NHU Co. Ltd., Class A

     494,860        1,540,288  
     

 

 

 
Total Pharmaceuticals

 

     14,735,820  
Real Estate Management & Development – 2.0%

 

A-Living Smart City Services Co. Ltd.(b)

     261,000        206,808  

Agile Group Holdings Ltd.*(a)

     781,800        183,252  

CIFI Ever Sunshine Services Group Ltd.(a)

     386,000        143,584  

CIFI Holdings Group Co. Ltd.(a)

     2,320,040        236,440  

Country Garden Holdings Co. Ltd.(a)

     3,931,936        911,620  

Country Garden Services Holdings Co. Ltd.

     914,300        1,346,426  

Evergrande Property Services Group Ltd.*(a)(b)

     1,795,500        410,969  

Gemdale Corp., Class A

     1,233,500        1,988,023  

Greentown Service Group Co. Ltd.

     671,800        449,299  

Guangzhou R&F Properties Co. Ltd., Class H*(a)

     1,014,300        171,852  

Jinke Smart Services Group Co. Ltd., Class H(a)

     547,400        829,827  

 

See Notes to Financial Statements.

 

WisdomTree Trust      19  


Schedule of Investments (unaudited) (continued)

WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

September 30, 2022

 

 

 

Investments    Shares      Value  

KE Holdings, Inc., ADR*

     288,982      $ 5,062,964  

KWG Group Holdings Ltd.*

     582,900        72,028  

Longfor Group Holdings Ltd.(b)

     835,700        2,400,672  

Powerlong Real Estate Holdings Ltd.(a)

     724,300        73,815  

Seazen Group Ltd.*

     769,000        180,252  

Shimao Group Holdings Ltd.*(a)

     561,400        160,913  

Shimao Services Holdings Ltd.*(a)(b)

     414,400        88,160  

Sunac China Holdings Ltd.*(a)

     1,592,600        405,763  

Sunac Services Holdings Ltd.(a)(b)

     415,719        104,328  

Zhenro Properties Group Ltd.*(a)

     1,034,800        32,956  
     

 

 

 
Total Real Estate Management & Development

 

     15,459,951  
Semiconductors & Semiconductor Equipment – 4.2%

 

Daqo New Energy Corp., ADR*

     23,927        1,270,045  

Flat Glass Group Co. Ltd., Class H*(a)

     203,700        495,633  

GigaDevice Semiconductor, Inc., Class A

     192,926        2,537,022  

Hangzhou First Applied Material Co. Ltd., Class A

     160,180        1,195,315  

Hangzhou Silan Microelectronics Co. Ltd., Class A

     269,300        1,210,673  

JA Solar Technology Co. Ltd., Class A

     287,700        2,584,363  

JCET Group Co. Ltd., Class A

     403,300        1,212,307  

JinkoSolar Holding Co. Ltd., ADR*(a)

     15,995        885,963  

LONGi Green Energy Technology Co. Ltd., Class A

     1,780,268        11,963,928  

SG Micro Corp., Class A

     75,650        1,495,035  

Will Semiconductor Co. Ltd., Class A

     232,166        2,609,492  

Xinyi Solar Holdings Ltd.

     2,326,765        2,463,142  

Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A

     193,600        1,836,296  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     31,759,214  
Software – 1.7%

 

360 Security Technology, Inc., Class A

     920,000        838,810  

Agora, Inc., ADR*

     38,248        138,840  

Beijing Kingsoft Office Software, Inc., Class A

     62,432        1,761,178  

Glodon Co. Ltd., Class A

     273,475        1,750,372  

Hundsun Technologies, Inc., Class A

     461,310        2,192,940  

Kingdee International Software Group Co. Ltd.*

     1,353,700        1,772,766  

Ming Yuan Cloud Group Holdings Ltd.(a)

     411,400        243,699  

Sangfor Technologies, Inc., Class A

     67,700        949,622  

Thunder Software Technology Co. Ltd., Class A

     92,300        1,366,928  

Weimob, Inc.*(a)(b)

     955,000        338,208  

Yonyou Network Technology Co. Ltd., Class A

     634,913        1,567,433  
     

 

 

 
Total Software

 

     12,920,796  
Specialty Retail – 0.5%

 

China Meidong Auto Holdings Ltd.

     260,912      412,811  

China Yongda Automobiles Services Holdings Ltd.

     645,900        346,404  

GOME Retail Holdings Ltd.*(a)

     7,257,800        135,912  

Pop Mart International Group Ltd.(a)(b)

     370,500        681,540  

Topsports International Holdings Ltd.(b)

     1,507,200        1,061,774  

Zhongsheng Group Holdings Ltd.

     291,100        1,162,561  
     

 

 

 
Total Specialty Retail

 

     3,801,002  
Technology Hardware, Storage & Peripherals – 0.1%

 

Shenzhen Transsion Holdings Co. Ltd., Class A

     78,443        639,942  
Textiles, Apparel & Luxury Goods – 2.6%

 

ANTA Sports Products Ltd.

     622,100        6,593,552  

Li Ning Co. Ltd.

     1,239,500        9,489,796  

Shenzhou International Group Holdings Ltd.

     398,100        3,111,305  

Xtep International Holdings Ltd.(a)

     766,200        815,013  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     20,009,666  

TOTAL COMMON STOCKS

(Cost: $1,217,530,781)

 

 

     756,694,353  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.2%

 

United States – 1.2%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(c)

     
(Cost: $9,176,539)      9,176,539        9,176,539  

TOTAL INVESTMENTS IN SECURITIES – 101.1%

(Cost: $1,226,707,320)

 

 

     765,870,892  

Other Assets less Liabilities – (1.1)%

 

     (8,478,866
     

 

 

 
NET ASSETS – 100.0%

 

   $ 757,392,026  
* 

Non-income producing security.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $977,645, which represents 0.13% of net assets.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $25,800,703 and the total market value of the collateral held by the Fund was $28,606,708. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $19,430,169.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS                       
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
   

Amount and
Description of
Currency to
be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

Citibank NA

    10/5/2022       139,979       USD       1,098,810       HKD     $ 1     $  

Citibank NA

    10/11/2022       594,364       USD       4,237,352       CNH             (6

JP Morgan Chase Bank NA

    10/3/2022       95,538       USD       750,000       HKD             (4
                                            $ 1     $ (10

 

See Notes to Financial Statements.

 

20   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

           

Energy Equipment & Services

   $      $      $ 0 *     $ 0  

Real Estate Management & Development

     14,482,306               977,645 *       15,459,951  

Other

     741,234,402                      741,234,402  

Investment of Cash Collateral for Securities Loaned

            9,176,539               9,176,539  

Total Investments in Securities

   $ 755,716,708      $ 9,176,539      $ 977,645      $ 765,870,892  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 1      $      $ 1  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (10    $      $ (10

Total – Net

   $ 755,716,708      $ 9,176,530      $ 977,645      $ 765,870,883  

 

* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      21  


Schedule of Investments (unaudited)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.2%      
Brazil – 4.5%      

Ambev SA

     3,160,219      $ 9,079,528  

Americanas SA

     375,689        1,179,400  

Atacadao SA

     426,970        1,525,894  

B3 SA – Brasil Bolsa Balcao

     4,889,257        11,796,372  

BR Malls Participacoes SA

     1,392,244        2,427,293  

BRF SA*

     556,816        1,325,936  

CCR SA

     857,993        1,987,604  

Cia Siderurgica Nacional SA

     630,232        1,482,117  

Cosan SA

     835,694        2,685,296  

Embraer SA*

     427,920        921,687  

Energisa SA

     91,862        711,445  

Equatorial Energia SA

     406,414        2,021,231  

Grupo De Moda Soma SA

     349,890        861,650  

Hapvida Participacoes e Investimentos SA(a)

     2,740,456        3,835,428  

Hypera SA

     242,294        1,982,216  

Localiza Rent a Car SA

     629,462        7,109,429  

Locaweb Servicos de Internet SA*(a)

     374,455        623,071  

Lojas Renner SA

     752,152        3,872,807  

Magazine Luiza SA*

     1,604,686        1,329,117  

Marfrig Global Foods SA

     183,443        334,744  

Natura & Co. Holding SA

     651,034        1,772,970  

Pet Center Comercio e Participacoes SA

     327,804        616,354  

Petro Rio SA*

     399,579        2,033,780  

Raia Drogasil SA

     1,031,018        4,332,721  

Rede D’Or Sao Luiz SA(a)

     489,975        2,692,265  

Rumo SA

     896,099        3,061,632  

Sendas Distribuidora SA

     663,943        2,154,284  

Sul America SA

     264,076        1,077,034  

Suzano SA

     498,612        4,102,209  

TOTVS SA

     430,304        2,334,955  

Transmissora Alianca de Energia Eletrica SA

     132,989        957,675  

Ultrapar Participacoes SA

     921,774        1,999,022  

Via SA*

     864,005        509,568  

Vibra Energia SA

     761,834        2,429,655  

WEG SA

     1,184,464        7,038,219  

YDUQS Participacoes SA

     285,465        762,633  
     

 

 

 
Total Brazil

 

     94,967,241  
Chile – 0.4%      

Banco de Chile

     36,771,242        3,269,331  

Banco Santander Chile

     52,803,109        1,864,220  

Empresas CMPC SA

     430,740        662,386  

Enel Americas SA

     7,867,668        837,742  

Enel Chile SA

     40,808,638        1,192,392  

Falabella SA

     341,086        687,203  
     

 

 

 
Total Chile

 

     8,513,274  
China – 28.6%      

360 DigiTech, Inc., ADR

     47,475        608,629  

A-Living Smart City Services Co. Ltd.(a)

     210,000        166,397  

AAC Technologies Holdings, Inc.*(b)

     305,000        477,127  

Agora, Inc., ADR*

     1,473        5,347  

Aier Eye Hospital Group Co. Ltd., Class A

     480,747        1,933,332  

Airtac International Group(b)

     76,390      1,761,236  

Akeso, Inc.*(a)

     253,000        699,385  

Alibaba Group Holding Ltd.*

     6,032,032        59,898,457  

Alibaba Pictures Group Ltd.*

     15,420,000        795,564  

ANTA Sports Products Ltd.

     673,300        7,136,213  

Asymchem Laboratories Tianjin Co. Ltd., Class A

     45,280        880,938  

Autohome, Inc., Class A(b)

     82,972        597,195  

Baidu, Inc., Class A*

     916,770        13,325,451  

BeiGene Ltd.*(b)

     449,400        4,640,043  

Beijing Kingsoft Office Software, Inc., Class A

     34,629        976,868  

Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A

     122,367        452,623  

Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A

     42,040        674,607  

Bilibili, Inc., Class Z*

     74,614        1,136,809  

BOE Technology Group Co. Ltd., Class A

     3,480,200        1,596,299  

BYD Co. Ltd., Class A

     149,974        5,301,466  

BYD Co. Ltd., Class H

     313,500        7,763,717  

BYD Electronic International Co. Ltd.(b)

     276,500        667,835  

CanSino Biologics, Inc., Class H(a)(b)

     45,000        255,385  

Chaozhou Three-Circle Group Co. Ltd., Class A

     220,500        805,400  

Chengxin Lithium Group Co. Ltd., Class A

     150,100        984,504  

China Baoan Group Co. Ltd., Class A

     532,600        838,217  

China Common Rich Renewable Energy Investments Ltd.*

     102,000        0  

China Conch Environment Protection Holdings Ltd.*

     1,487,900        761,966  

China Conch Venture Holdings Ltd.

     791,400        1,262,223  

China Feihe Ltd.(a)

     1,449,000        1,015,236  

China Hongqiao Group Ltd.

     815,500        675,263  

China Jushi Co. Ltd., Class A

     468,900        866,878  

China Lesso Group Holdings Ltd.

     758,000        705,866  

China Literature Ltd.*(a)(b)

     172,000        487,522  

China Medical System Holdings Ltd.

     995,000        1,187,678  

China Meidong Auto Holdings Ltd.

     356,288        563,714  

China Minsheng Banking Corp. Ltd., Class A

     7,553,679        3,591,869  

China Minsheng Banking Corp. Ltd., Class H(b)

     4,097,000        1,174,314  

China Yongda Automobiles Services Holdings Ltd.

     742,500        398,212  

Chinasoft International Ltd.*

     944,000        580,838  

Chongqing Zhifei Biological Products Co. Ltd., Class A

     127,200        1,542,105  

Contemporary Amperex Technology Co. Ltd., Class A

     238,617        13,418,033  

Country Garden Holdings Co. Ltd.(b)

     4,122,935        955,903  

Country Garden Services Holdings Co. Ltd.

     841,000        1,238,482  

Dada Nexus Ltd., ADR*

     11,765        55,648  

Daqo New Energy Corp., ADR*

     19,856        1,053,956  

Dongyue Group Ltd.

     808,000        805,952  

East Money Information Co. Ltd., Class A

     2,094,061        5,175,562  

ENN Energy Holdings Ltd.

     423,300        5,662,047  

Evergrande Property Services Group Ltd.*(a)(b)

     2,120,500        485,358  

 

See Notes to Financial Statements.

 

22   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

September 30, 2022

 

 

 

Investments    Shares      Value  

Focus Media Information Technology Co. Ltd., Class A

     2,564,300      $ 1,985,501  

Foshan Haitian Flavouring & Food Co. Ltd., Class A

     265,839        3,088,276  

Futu Holdings Ltd., ADR*(b)

     29,893        1,114,710  

Fuyao Glass Industry Group Co. Ltd., Class A

     291,082        1,462,116  

Ganfeng Lithium Co. Ltd., Class A

     213,820        2,244,628  

Ganfeng Lithium Co. Ltd., Class H(a)(b)

     116,800        777,437  

GDS Holdings Ltd., Class A*

     383,052        839,309  

Geely Automobile Holdings Ltd.

     2,375,000        3,273,609  

GEM Co. Ltd., Class A

     959,200        992,951  

Gemdale Corp., Class A

     1,374,700        2,215,594  

Genscript Biotech Corp.*

     590,000        1,289,749  

GigaDevice Semiconductor, Inc., Class A

     87,600        1,151,961  

GOME Retail Holdings Ltd.*(b)

     1,376,000        25,767  

Gotion High-tech Co. Ltd., Class A

     211,200        904,447  

Great Wall Motor Co. Ltd., Class H

     1,497,700        1,720,946  

Gree Electric Appliances, Inc. of Zhuhai, Class A

     478,600        2,177,118  

Greentown Service Group Co. Ltd.

     1,176,000        786,507  

Guangdong Haid Group Co. Ltd., Class A

     101,200        855,689  

Guanghui Energy Co. Ltd., Class A

     1,112,200        1,915,771  

Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A

     69,300        616,095  

Guangzhou Tinci Materials Technology Co. Ltd., Class A

     252,300        1,559,280  

H World Group Ltd.

     594,570        2,071,554  

Haidilao International Holding Ltd.*(a)(b)

     452,300        887,326  

Haier Smart Home Co. Ltd., Class A

     651,400        2,263,268  

Haier Smart Home Co. Ltd., Class H

     797,800        2,444,246  

Hangzhou First Applied Material Co. Ltd., Class A

     72,160        538,481  

Hangzhou Silan Microelectronics Co. Ltd., Class A

     151,100        679,289  

Hangzhou Tigermed Consulting Co. Ltd., Class A

     114,500        1,464,426  

Hansoh Pharmaceutical Group Co. Ltd.(a)(b)

     606,000        958,805  

Hello Group, Inc., ADR

     60,569        279,829  

Hengan International Group Co. Ltd.

     447,000        1,998,713  

Hengli Petrochemical Co. Ltd., Class A

     212,500        504,338  

Hollysys Automation Technologies Ltd.

     44,116        754,384  

Hundsun Technologies, Inc., Class A

     277,871        1,320,922  

I-Mab, ADR*

     1,801        7,222  

Inner Mongolia Yili Industrial Group Co. Ltd., Class A

     472,100        2,183,971  

Innovent Biologics, Inc.*(a)

     473,000        1,473,248  

iQIYI, Inc., ADR*(b)

     119,207        323,051  

JA Solar Technology Co. Ltd., Class A

     134,580        1,208,910  

JCET Group Co. Ltd., Class A

     212,400        638,468  

JD Health International, Inc.*(a)

     431,100        2,476,797  

JD.com, Inc., Class A

     989,759        25,040,591  

Jiangsu Eastern Shenghong Co. Ltd., Class A

     298,100        728,404  

Jiangsu Hengli Hydraulic Co. Ltd., Class A

     67,800        430,624  

Jiangsu Hengrui Medicine Co. Ltd., Class A

     810,313        3,989,534  

Jinke Smart Services Group Co. Ltd., Class H(b)

     368,600      558,777  

JinkoSolar Holding Co. Ltd., ADR*(b)

     16,470        912,273  

Jinxin Fertility Group Ltd.(a)

     542,500        266,070  

JiuGui Liquor Co. Ltd., Class A

     42,000        740,243  

Jiumaojiu International Holdings Ltd.(a)(b)

     402,000        659,596  

JOYY, Inc., ADR

     17,793        462,618  

Kangmei Pharmaceutical Co. Ltd., Class A*

     31,038        7,880  

KE Holdings, Inc., ADR*

     199,054        3,487,426  

Kingboard Holdings Ltd.

     529,500        1,497,459  

Kingdee International Software Group Co. Ltd.*

     1,345,000        1,761,373  

Kingsoft Cloud Holdings Ltd., ADR*(b)

     11,368        22,622  

Kingsoft Corp. Ltd.

     568,400        1,513,339  

Kuaishou Technology*(a)

     634,500        4,118,240  

LB Group Co. Ltd., Class A

     239,500        529,113  

Lee & Man Paper Manufacturing Ltd.

     1,271,000        408,020  

Lens Technology Co. Ltd., Class A

     352,018        455,752  

Lepu Medical Technology Beijing Co. Ltd., Class A

     257,200        762,312  

Li Auto, Inc., ADR*

     249,712        5,745,873  

Li Ning Co. Ltd.

     1,238,000        9,478,312  

Lifetech Scientific Corp.*

     1,444,000        480,113  

Longfor Group Holdings Ltd.(a)

     845,500        2,428,824  

LONGi Green Energy Technology Co. Ltd., Class A

     970,772        6,523,875  

Lufax Holding Ltd., ADR

     240,213        610,141  

Luxshare Precision Industry Co. Ltd., Class A

     627,000        2,585,694  

Maxscend Microelectronics Co. Ltd., Class A

     67,700        839,561  

Meituan, Class B*(a)

     1,636,900        34,531,732  

Microport Scientific Corp.*(b)

     294,500        507,222  

Ming Yang Smart Energy Group Ltd., Class A

     270,200        914,545  

Ming Yuan Cloud Group Holdings Ltd.(b)

     298,000        176,525  

Minth Group Ltd.

     328,000        726,205  

Muyuan Foods Co. Ltd., Class A

     445,476        3,406,767  

NetEase, Inc.

     784,330        11,840,037  

New Oriental Education & Technology Group, Inc.*(b)

     475,936        1,206,528  

Nine Dragons Paper Holdings Ltd.

     711,000        442,003  

NIO, Inc., ADR*

     599,320        9,451,276  

Nongfu Spring Co. Ltd., Class H(a)

     1,288,800        7,478,419  

Ovctek China, Inc., Class A

     114,400        662,733  

Pharmaron Beijing Co. Ltd., Class A

     104,100        789,239  

Pinduoduo, Inc., ADR*

     228,503        14,299,718  

Ping An Bank Co. Ltd., Class A

     2,443,026        4,057,346  

Ping An Healthcare and Technology Co. Ltd.*(a)(b)

     194,700        367,082  

Ping An Insurance Group Co. of China Ltd., Class A

     1,587,200        9,257,173  

Ping An Insurance Group Co. of China Ltd., Class H

     2,366,500        11,817,577  

Pop Mart International Group Ltd.(a)(b)

     278,400        512,121  

Rongsheng Petrochemical Co. Ltd., Class A

     348,000        675,093  

Sangfor Technologies, Inc., Class A

     42,500        596,144  

Sany Heavy Industry Co. Ltd., Class A

     1,438,636        2,800,932  

SF Holding Co. Ltd., Class A

     283,473        1,877,586  

SG Micro Corp., Class A

     53,800        1,063,224  

 

See Notes to Financial Statements.

 

WisdomTree Trust      23  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

September 30, 2022

 

 

 

Investments    Shares      Value  

Shandong Weigao Group Medical Polymer Co. Ltd., Class H

     1,732,600      $ 2,330,763  

Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H(b)

     572,500        1,388,604  

Shanghai Putailai New Energy Technology Co. Ltd., Class A

     106,200        831,230  

Shenzhen Capchem Technology Co. Ltd., Class A

     99,920        586,977  

Shenzhen Inovance Technology Co. Ltd., Class A

     270,000        2,178,058  

Shenzhen Kangtai Biological Products Co. Ltd., Class A

     112,600        478,725  

Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A

     154,100        6,463,029  

Shenzhen Transsion Holdings Co. Ltd., Class A

     45,753        373,255  

Shenzhou International Group Holdings Ltd.

     447,100        3,494,259  

Sichuan Yahua Industrial Group Co. Ltd., Class A

     268,400        957,018  

Sino Biopharmaceutical Ltd.

     5,903,000        2,774,821  

SITC International Holdings Co. Ltd.

     679,000        1,255,950  

Sunac China Holdings Ltd.*(b)

     1,722,000        438,732  

Sungrow Power Supply Co. Ltd., Class A

     172,000        2,668,851  

Sunny Optical Technology Group Co. Ltd.

     347,000        3,321,959  

Suzhou TA&A Ultra Clean Technology Co. Ltd., Class A

     74,000        687,877  

TBEA Co. Ltd., Class A

     621,500        1,889,132  

TCL Technology Group Corp., Class A

     3,646,900        1,856,918  

Tencent Holdings Ltd.

     2,533,600        85,982,119  

Tencent Music Entertainment Group, ADR*

     240,067        974,672  

Thunder Software Technology Co. Ltd., Class A

     59,900        887,096  

Tingyi Cayman Islands Holding Corp.

     1,376,000        2,373,411  

Tongcheng Travel Holdings Ltd.*

     837,600        1,643,211  

Tongkun Group Co. Ltd., Class A

     383,400        726,019  

Tongwei Co. Ltd., Class A

     515,958        3,398,636  

Topchoice Medical Corp., Class A*

     41,900        752,292  

Topsports International Holdings Ltd.(a)

     1,227,000        864,382  

Trip.com Group Ltd.*

     191,620        5,145,734  

United Energy Group Ltd.(b)

     5,192,000        595,269  

Venus MedTech Hangzhou, Inc., Class H*(a)(b)

     212,500        248,506  

Vipshop Holdings Ltd., ADR*

     168,673        1,418,540  

Vnet Group, Inc., ADR*(b)

     13,853        76,191  

Walvax Biotechnology Co. Ltd., Class A

     362,200        1,884,884  

Want Want China Holdings Ltd.

     2,785,000        1,820,030  

Weimob, Inc.*(a)(b)

     970,000        343,520  

Wens Foodstuffs Group Co. Ltd., Class A*

     707,500        2,035,421  

WH Group Ltd.(a)

     5,701,230        3,595,089  

Will Semiconductor Co. Ltd., Class A

     112,040        1,259,304  

Wingtech Technology Co. Ltd., Class A

     90,170        602,934  

WuXi AppTec Co. Ltd., Class A

     495,073        4,978,403  

Wuxi Biologics Cayman, Inc.*(a)

     1,710,000        10,325,482  

Wuxi Lead Intelligent Equipment Co. Ltd., Class A

     175,200        1,162,651  

XD, Inc.*(b)

     88,600        180,588  

Xinjiang Goldwind Science & Technology Co. Ltd., Class A

     805,600        1,281,430  

Xinyi Glass Holdings Ltd.

     1,678,000      2,441,147  

Xinyi Solar Holdings Ltd.

     2,253,753        2,385,850  

XPeng, Inc., Class A, ADR*(b)

     120,923        1,445,030  

Xtep International Holdings Ltd.(b)

     636,000        676,518  

Yidu Tech, Inc.*(a)(b)

     58,800        36,104  

Yihai International Holding Ltd.*

     195,000        412,362  

Yonyou Network Technology Co. Ltd., Class A

     383,100        945,773  

Yum China Holdings, Inc.

     191,805        9,078,131  

Zai Lab Ltd.*

     313,290        1,093,536  

Zhejiang Century Huatong Group Co. Ltd., Class A*

     1,028,000        537,854  

Zhejiang Chint Electrics Co. Ltd., Class A

     212,600        798,612  

Zhejiang Dahua Technology Co. Ltd., Class A

     297,100        535,511  

Zhejiang Huayou Cobalt Co. Ltd., Class A

     181,970        1,642,264  

Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A

     115,400        1,094,569  

Zhejiang Longsheng Group Co. Ltd., Class A

     715,800        904,646  

Zhejiang NHU Co. Ltd., Class A

     351,880        1,095,252  

Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A

     315,000        1,086,946  

Zhejiang Yongtai Technology Co. Ltd., Class A

     136,000        437,999  

ZhongAn Online P&C Insurance Co. Ltd., Class H*(a)(b)

     259,600        582,041  

Zhongsheng Group Holdings Ltd.

     209,500        836,676  

Zhuzhou CRRC Times Electric Co. Ltd.

     212,400        892,903  

ZTO Express Cayman, Inc.(b)

     73,512        1,763,374  
     

 

 

 
Total China

 

     609,275,334  
Czech Republic – 0.0%      

Moneta Money Bank AS(a)

     281,590        792,612  
Hungary – 0.2%      

MOL Hungarian Oil & Gas PLC

     266,291        1,483,562  

OTP Bank Nyrt

     142,537        2,610,044  
     

 

 

 
Total Hungary

 

     4,093,606  
India – 22.0%      

Aarti Industries Ltd.

     209,090        1,914,937  

Aavas Financiers Ltd.*

     23,663        652,053  

Adani Green Energy Ltd.*

     200,803        5,580,436  

Adani Total Gas Ltd.

     146,945        6,032,781  

Adani Transmission Ltd.*

     133,326        5,391,630  

Alkem Laboratories Ltd.

     23,209        934,965  

APL Apollo Tubes Ltd.

     103,169        1,316,447  

Apollo Hospitals Enterprise Ltd.

     84,713        4,564,539  

Ashok Leyland Ltd.

     1,819,393        3,413,965  

Asian Paints Ltd.

     281,452        11,563,919  

Astral Ltd.

     108,274        2,971,267  

Atul Ltd.

     21,401        2,373,909  

AU Small Finance Bank Ltd.(a)

     216,678        1,649,231  

Aurobindo Pharma Ltd.

     177,592        1,114,654  

Avenue Supermarts Ltd.*(a)

     100,821        5,436,381  

Axis Bank Ltd.

     1,272,517        11,468,901  

Bajaj Finance Ltd.

     156,187        14,083,973  

Bajaj Finserv Ltd.

     154,312        3,183,596  

Bandhan Bank Ltd.*(a)

     427,221        1,400,066  

 

See Notes to Financial Statements.

 

24   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

September 30, 2022

 

 

 

Investments    Shares      Value  

Bata India Ltd.

     2,403      $ 53,804  

Bharat Forge Ltd.

     281,856        2,409,685  

Bharti Airtel Ltd.

     1,431,925        14,079,646  

Biocon Ltd.

     142,581        509,936  

Britannia Industries Ltd.

     82,278        3,886,830  

Carborundum Universal Ltd.

     94,140        1,037,318  

CG Power & Industrial Solutions Ltd.*

     447,341        1,296,087  

Cholamandalam Investment and Finance Co. Ltd.

     159,451        1,435,135  

Cipla Ltd.

     328,798        4,506,302  

Coforge Ltd.

     12,137        501,578  

Crompton Greaves Consumer Electricals Ltd.

     470,723        2,383,378  

Cummins India Ltd.

     89,744        1,319,222  

Cyient Ltd.

     60,581        590,460  

Dalmia Bharat Ltd.

     53,173        1,044,489  

Deepak Nitrite Ltd.

     28,248        706,970  

Divi’s Laboratories Ltd.

     93,288        4,248,868  

Dr. Lal PathLabs Ltd.(a)

     16,667        516,034  

Dr. Reddy’s Laboratories Ltd.

     79,121        4,216,836  

Eicher Motors Ltd.

     41,807        1,886,862  

Emami Ltd.

     188,590        1,169,078  

Escorts Kubota Ltd.

     62,850        1,643,887  

Exide Industries Ltd.

     22,977        44,329  

Federal Bank Ltd.

     1,258,182        1,836,593  

Fortis Healthcare Ltd.*

     299,763        973,524  

Gland Pharma Ltd.*(a)

     18,259        469,733  

Godrej Consumer Products Ltd.*

     297,498        3,329,476  

Godrej Properties Ltd.*

     114,733        1,683,806  

Grasim Industries Ltd.

     229,849        4,732,104  

Happiest Minds Technologies Ltd.

     36,326        443,831  

Havells India Ltd.

     61,531        1,019,992  

HCL Technologies Ltd.

     690,187        7,910,092  

HDFC Life Insurance Co. Ltd.(a)

     581,568        3,792,108  

Hero MotoCorp Ltd.

     93,513        2,930,297  

Hindustan Unilever Ltd.

     510,107        16,907,890  

Housing Development Finance Corp. Ltd.

     1,013,266        28,494,944  

ICICI Bank Ltd., ADR

     1,375,641        28,847,192  

ICICI Lombard General Insurance Co. Ltd.(a)

     178,630        2,527,680  

ICICI Prudential Life Insurance Co. Ltd.(a)

     329,188        2,128,258  

IDFC First Bank Ltd.*

     2,043,147        1,251,989  

Indiabulls Housing Finance Ltd.*

     242,248        353,614  

IndiaMart InterMesh Ltd.(a)

     7,324        401,337  

Indian Hotels Co. Ltd.

     298,498        1,217,090  

Indus Towers Ltd.

     720,983        1,749,919  

Info Edge India Ltd.

     44,064        2,091,099  

Infosys Ltd., ADR

     1,670,123        28,341,987  

Ipca Laboratories Ltd.

     105,304        1,184,409  

Jindal Steel & Power Ltd.

     255,702        1,347,169  

JSW Steel Ltd.

     355,512        2,760,365  

Jubilant Foodworks Ltd.

     151,093        1,156,536  

Kajaria Ceramics Ltd.

     65,410        965,175  

Kotak Mahindra Bank Ltd.

     655,069        14,648,841  

Laurus Labs Ltd.(a)

     199,689        1,259,236  

Lupin Ltd.

     197,601        1,651,346  

Mahindra & Mahindra Financial Services Ltd.

     303,812      691,829  

Mahindra & Mahindra Ltd.

     416,109        6,486,802  

Maruti Suzuki India Ltd.

     80,504        8,736,207  

Max Financial Services Ltd.*

     165,207        1,548,678  

Max Healthcare Institute Ltd.*

     155,377        779,069  

Motherson Sumi Wiring India Ltd.

     1,327,004        1,427,303  

Mphasis Ltd.

     32,514        834,380  

Navin Fluorine International Ltd.

     30,347        1,675,252  

Nestle India Ltd.

     26,260        6,179,898  

Page Industries Ltd.

     5,100        3,176,317  

Persistent Systems Ltd.

     27,673        1,102,549  

PI Industries Ltd.

     67,804        2,499,041  

Piramal Enterprises Ltd.

     115,013        1,221,862  

Piramal Pharma Ltd.*

     470,344        1,266,903  

RBL Bank Ltd.*(a)

     375,911        525,620  

Reliance Industries Ltd., GDR(a)

     68,435        4,003,447  

Reliance Industries Ltd., GDR(a)(b)

     845,204        49,444,434  

Samvardhana Motherson International Ltd.

     1,099,296        1,472,912  

Shriram Transport Finance Co. Ltd.

     129,268        1,902,920  

Sun Pharmaceutical Industries Ltd.

     699,348        8,155,209  

Sundaram Finance Ltd.

     101,268        2,815,792  

Supreme Industries Ltd.

     86,785        2,275,898  

Tata Chemicals Ltd.

     84,679        1,149,941  

Tata Consumer Products Ltd.

     370,296        3,654,426  

Tata Elxsi Ltd.

     15,074        1,585,470  

Tata Motors Ltd.*

     1,055,988        5,251,951  

Tata Steel Ltd.

     5,839,172        7,127,485  

Tech Mahindra Ltd.

     408,764        5,067,892  

Titan Co. Ltd.

     172,341        5,522,772  

Torrent Pharmaceuticals Ltd.

     120,161        2,303,998  

Trent Ltd.

     136,244        2,378,162  

Tube Investments of India Ltd.

     53,624        1,808,983  

UltraTech Cement Ltd.

     88,521        6,806,382  

United Spirits Ltd.*

     281,006        2,909,499  

Vedanta Ltd.

     890,490        2,956,031  

Vodafone Idea Ltd.*

     5,816,969        629,238  

Voltas Ltd.

     235,379        2,622,692  

Wipro Ltd.

     853,894        4,138,200  

Zee Entertainment Enterprises Ltd.

     721,814        2,290,515  
     

 

 

 
Total India

 

     469,367,975  
Indonesia – 2.8%      

Astra International Tbk PT

     16,335,600        7,107,099  

Bank Central Asia Tbk PT

     44,279,200        24,862,069  

Bank Jago Tbk PT*

     3,215,900        1,393,856  

Barito Pacific Tbk PT

     20,480,400        1,069,244  

Chandra Asri Petrochemical Tbk PT

     22,354,300        3,523,252  

Charoen Pokphand Indonesia Tbk PT

     7,645,600        2,836,818  

Elang Mahkota Teknologi Tbk PT

     37,851,400        3,778,304  

Indocement Tunggal Prakarsa Tbk PT

     2,266,500        1,414,004  

Kalbe Farma Tbk PT

     21,847,100        2,625,526  

Merdeka Copper Gold Tbk PT*

     8,400,100        2,173,462  

Sarana Menara Nusantara Tbk PT

     28,203,900        2,287,428  

Sumber Alfaria Trijaya Tbk PT

     16,562,000        2,599,454  

 

See Notes to Financial Statements.

 

WisdomTree Trust      25  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

September 30, 2022

 

 

 

Investments    Shares      Value  

Tower Bersama Infrastructure Tbk PT

     5,002,000      $ 929,612  

United Tractors Tbk PT

     1,360,200        2,932,101  
     

 

 

 
Total Indonesia

 

     59,532,229  
Malaysia – 1.4%      

AMMB Holdings Bhd

     5,389,900        4,533,235  

Genting Malaysia Bhd

     4,004,000        2,409,135  

Hartalega Holdings Bhd

     2,154,000        771,111  

Hong Leong Bank Bhd

     1,780,808        7,872,884  

Inari Amertron Bhd

     2,823,400        1,534,390  

Malaysian Pacific Industries Bhd

     111,800        692,933  

MR DIY Group M Bhd(a)

     2,633,800        1,118,953  

My EG Services Bhd

     4,033,052        739,292  

Nestle Malaysia Bhd

     52,900        1,488,775  

Press Metal Aluminium Holdings Bhd

     5,926,200        5,163,219  

QL Resources Bhd

     1,746,025        1,875,179  

Top Glove Corp. Bhd

     3,624,300        488,503  

VS Industry Bhd

     3,439,200        719,436  
     

 

 

 
Total Malaysia

 

     29,407,045  
Mexico – 2.6%      

Alfa SAB de CV, Class A

     3,951,083        2,519,104  

Alsea SAB de CV*

     437,983        790,471  

America Movil SAB de CV, Series L

     8,527,196        7,052,456  

Banco del Bajio SA(a)

     779,208        1,972,870  

Cemex SAB de CV, Series CPO*

     8,140,573        2,809,677  

Controladora Vuela Cia de Aviacion SAB de CV, Class A*(b)

     538,160        380,854  

Corp. Inmobiliaria Vesta SAB de CV(b)

     812,594        1,516,276  

Fibra Uno Administracion SA de CV

     2,802,525        2,889,287  

Fomento Economico Mexicano SAB de CV

     1,184,205        7,433,562  

Grupo Aeroportuario del Centro Norte SAB de CV(b)

     129,756        817,739  

Grupo Aeroportuario del Pacifico SAB de CV, Class B

     217,279        2,750,634  

Grupo Aeroportuario del Sureste SAB de CV, Class B

     67,114        1,323,989  

Grupo Bimbo SAB de CV, Series A

     1,472,535        5,197,355  

Grupo Elektra SAB de CV(b)

     358        18,362  

Grupo Financiero Banorte SAB de CV, Class O

     1,216,228        7,822,087  

Grupo Televisa SAB, Series CPO

     1,349,487        1,463,077  

Megacable Holdings SAB de CV, Series CPO

     563,444        1,137,116  

Sitios Latinoamerica SAB de CV*(b)

     426,359        190,624  

Wal-Mart de Mexico SAB de CV(b)

     1,774,485        6,250,741  
     

 

 

 
Total Mexico

 

     54,336,281  
Philippines – 0.7%      

ACEN Corp.

     173,610        16,584  

Ayala Corp.

     53,790        565,196  

Ayala Land, Inc.

     2,697,500        1,051,392  

Globe Telecom, Inc.

     10,235        354,406  

JG Summit Holdings, Inc.

     1,278,840        917,275  

Jollibee Foods Corp.

     506,200        1,977,310  

PLDT, Inc.

     151,735        3,903,051  

SM Investments Corp.

     332,465        4,111,507  

SM Prime Holdings, Inc.

     1,991,300        1,022,399  

Universal Robina Corp.

     863,860      1,679,830  
     

 

 

 
Total Philippines

 

     15,598,950  
Poland – 0.6%      

Allegro.eu SA*(a)

     296,258        1,292,342  

Asseco Poland SA

     101,756        1,424,666  

Bank Polska Kasa Opieki SA

     93,754        1,152,231  

CCC SA*

     5,063        38,073  

CD Projekt SA(b)

     60,392        1,225,203  

Cyfrowy Polsat SA

     442,889        1,439,232  

LPP SA

     1,272        2,007,540  

Orange Polska SA

     908,785        953,498  

Santander Bank Polska SA

     55,139        2,198,192  
     

 

 

 
Total Poland

 

     11,730,977  
Russia – 0.0%      

Evraz PLC

     757,034        0  

HeadHunter Group PLC, ADR

     35,535        0  

Lukoil PJSC, ADR

     474,585        0  

Magnitogorsk Iron & Steel Works PJSC, GDR(c)

     101,979        0  

Mobile TeleSystems PJSC, ADR

     777,676        0  

Novatek PJSC

     1,138,580        0  

Novolipetsk Steel PJSC(c)

     948,540        0  

Ozon Holdings PLC, ADR*(b)

     43,104        0  

PhosAgro PJSC

     44,010        0  

Polymetal International PLC

     354,651        772,001  

Polyus PJSC

     37,656        0  

Severstal PAO, GDR(c)

     123,722        0  

Sistema PJSFC*

     4,256,200        0  

Surgutneftegas PJSC

     7,201,040        0  

VK Co. Ltd., GDR*

     167,707        0  

X5 Retail Group NV, GDR(c)

     166,238        0  

Yandex NV, Class A*

     402,553        0  
     

 

 

 
Total Russia

 

     772,001  
South Africa – 4.4%      

Absa Group Ltd.(b)

     489,570        4,811,392  

Anglo American Platinum Ltd.

     17,718        1,270,018  

AngloGold Ashanti Ltd.

     220,738        3,066,444  

Aspen Pharmacare Holdings Ltd.(b)

     239,782        1,791,511  

AVI Ltd.

     390,973        1,583,688  

Barloworld Ltd.

     85,845        440,724  

Bid Corp. Ltd.(b)

     225,490        3,498,185  

Capitec Bank Holdings Ltd.

     54,181        4,681,769  

Clicks Group Ltd.

     183,491        2,914,416  

Discovery Ltd.*

     285,383        1,666,170  

FirstRand Ltd.

     3,315,896        11,206,428  

Gold Fields Ltd.

     487,334        3,998,186  

Growthpoint Properties Ltd.

     3,747,808        2,458,570  

Impala Platinum Holdings Ltd.

     402,873        3,803,336  

Investec Ltd.

     166,778        664,792  

Motus Holdings Ltd.(b)

     113,433        724,368  

Mr. Price Group Ltd.

     81,933        787,715  

MultiChoice Group

     229,178        1,474,594  

Naspers Ltd., Class N

     115,787        14,581,141  

 

See Notes to Financial Statements.

 

26   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

September 30, 2022

 

 

 

Investments    Shares      Value  

Nedbank Group Ltd.

     353,158      $ 3,924,873  

Ninety One Ltd.

     103,474        201,392  

Northam Platinum Holdings Ltd.*

     145,915        1,273,270  

Old Mutual Ltd.(b)

     1,267,268        689,602  

Pick n Pay Stores Ltd.

     339,326        1,047,478  

Redefine Properties Ltd.

     2,525,677        498,882  

Sanlam Ltd.

     1,022,029        2,933,731  

Shoprite Holdings Ltd.(b)

     305,354        3,686,675  

Sibanye Stillwater Ltd.

     1,471,264        3,439,021  

Standard Bank Group Ltd.

     867,149        6,947,807  

Tiger Brands Ltd.

     122,779        1,157,528  

Vodacom Group Ltd.

     193,129        1,311,848  

Woolworths Holdings Ltd.(b)

     219,519        745,919  
     

 

 

 
Total South Africa

 

     93,281,473  
South Korea – 13.2%      

AfreecaTV Co. Ltd.

     5,806        258,099  

Alteogen, Inc.*

     17,377        550,812  

Amorepacific Corp.(b)

     18,909        1,348,094  

Bioneer Corp.*

     14,686        254,570  

BNC Korea Co. Ltd.*(b)

     26,598        116,193  

Celltrion Healthcare Co. Ltd.

     50,407        2,388,757  

Celltrion Pharm, Inc.*

     10,481        469,583  

Celltrion, Inc.

     52,814        6,478,547  

Coway Co. Ltd.

     53,575        2,018,377  

CS Wind Corp.(b)

     12,373        524,947  

Daejoo Electronic Materials Co. Ltd.(b)

     7,922        437,988  

DB HiTek Co. Ltd.

     21,808        569,322  

DB Insurance Co. Ltd.

     53,491        2,063,817  

DGB Financial Group, Inc.

     131,977        642,958  

Dongsuh Cos., Inc.

     56,206        817,142  

Doosan Enerbility Co. Ltd.*

     157,424        1,567,968  

Doosan Fuel Cell Co. Ltd.*

     27,325        546,233  

Douzone Bizon Co. Ltd.

     11,686        254,842  

E-Mart, Inc.

     16,073        942,563  

Ecopro BM Co. Ltd.

     27,877        1,716,617  

Ecopro Co. Ltd.

     9,257        748,609  

Eubiologics Co. Ltd.*

     18,018        146,718  

Fila Holdings Corp.

     36,668        802,201  

GeneOne Life Science, Inc.*

     38,591        256,788  

Genexine, Inc.*(b)

     13,364        213,439  

Green Cross Corp.

     4,451        384,216  

GS Engineering & Construction Corp.

     100,548        1,584,789  

GS Holdings Corp.

     70,962        2,068,299  

Hana Financial Group, Inc.

     200,855        4,976,801  

Hanmi Pharm Co. Ltd.

     8,739        1,398,777  

Hanmi Science Co. Ltd.(b)

     26,214        578,075  

Hanon Systems

     204,480        1,189,120  

Hansol Chemical Co. Ltd.

     4,490        533,515  

Hanwha Solutions Corp.*

     83,871        2,766,975  

HD Hyundai Co. Ltd.

     66,641        2,519,940  

HL Mando Co. Ltd.

     40,825        1,265,526  

HLB Life Science Co. Ltd.*(b)

     64,366        575,861  

HLB, Inc.*(b)

     52,468        1,571,436  

HYBE Co. Ltd.*

     8,022      756,951  

Hyundai Glovis Co. Ltd.

     16,169        1,836,487  

Hyundai Motor Co.

     64,663        7,977,228  

Hyundai Steel Co.

     65,533        1,287,116  

Kakao Corp.

     153,591        6,129,899  

Kakao Games Corp.*(b)

     15,344        457,414  

KB Financial Group, Inc.

     216,718        6,619,540  

Kia Corp.

     141,513        7,111,753  

Korea Investment Holdings Co. Ltd.

     15,795        524,402  

Korea Shipbuilding & Offshore Engineering Co. Ltd.*

     17,625        898,066  

Korean Air Lines Co. Ltd.*

     292,997        4,525,920  

Kumho Petrochemical Co. Ltd.

     6,306        509,082  

L&F Co. Ltd.*(b)

     8,872        1,101,946  

LEENO Industrial, Inc.

     5,906        513,942  

LG Chem Ltd.

     22,337        8,368,373  

LG Corp.

     61,105        3,160,530  

LG Electronics, Inc.

     59,427        3,264,809  

LG H&H Co. Ltd.

     4,777        2,113,539  

LG Innotek Co. Ltd.

     10,628        2,031,703  

Lotte Chemical Corp.

     9,607        966,945  

Lotte Corp.

     69,744        1,867,055  

Macquarie Korea Infrastructure Fund

     305,273        2,507,135  

Mezzion Pharma Co. Ltd.*

     15,279        146,842  

NAVER Corp.

     71,392        9,655,659  

NCSoft Corp.

     9,049        2,188,407  

Netmarble Corp.(a)

     24,027        861,526  

OCI Co. Ltd.

     8,023        510,305  

Osstem Implant Co. Ltd.(b)

     6,445        519,402  

Pearl Abyss Corp.*(b)

     28,197        919,403  

POSCO Chemical Co. Ltd.

     21,954        2,301,740  

POSCO Holdings, Inc.

     42,949        6,334,129  

Samsung Biologics Co. Ltd.*(a)

     8,754        4,937,777  

Samsung Electro-Mechanics Co. Ltd.

     35,814        2,803,640  

Samsung Electronics Co. Ltd.

     2,372,448        88,052,694  

Samsung Engineering Co. Ltd.*

     57,706        917,601  

Samsung Fire & Marine Insurance Co. Ltd.

     16,318        2,098,631  

Samsung Heavy Industries Co. Ltd.*

     230,940        857,127  

Samsung Life Insurance Co. Ltd.

     50,870        2,218,696  

Samsung SDI Co. Ltd.

     28,740        10,968,086  

Samsung SDS Co. Ltd.

     26,231        2,108,454  

Seegene, Inc.(b)

     25,640        480,291  

Shin Poong Pharmaceutical Co. Ltd.*

     15,802        219,794  

Shinhan Financial Group Co. Ltd.

     197,294        4,619,661  

Shinsegae, Inc.

     7,698        1,242,915  

SK Chemicals Co. Ltd.

     9,558        607,939  

SK Hynix, Inc.

     262,997        15,275,775  

SK Innovation Co. Ltd.*

     27,735        2,781,836  

SK Square Co. Ltd.*

     54,388        1,374,241  

SK Telecom Co. Ltd.

     84,235        2,990,940  

SM Entertainment Co. Ltd.

     11,524        570,280  

Wemade Co. Ltd.

     6,387        204,463  

Yuhan Corp.

     12,390        470,243  
     

 

 

 
Total South Korea

 

     281,316,846  

 

See Notes to Financial Statements.

 

WisdomTree Trust      27  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

September 30, 2022

 

 

 

Investments    Shares      Value  
Switzerland – 0.1%      

Mediclinic International PLC

     343,977      $ 1,882,902  
Taiwan – 15.6%      

Accton Technology Corp.

     375,000        3,218,605  

Alchip Technologies Ltd.(b)

     41,000        1,119,626  

AP Memory Technology Corp.(b)

     81,000        390,343  

ASE Technology Holding Co. Ltd.

     2,333,062        5,886,115  

Asia Cement Corp.

     728,000        903,436  

ASMedia Technology, Inc.(b)

     24,000        501,937  

Asustek Computer, Inc.(b)

     456,000        3,360,862  

AUO Corp.

     6,384,000        2,955,835  

Capital Securities Corp.(b)

     2,414,000        802,158  

Catcher Technology Co. Ltd.(b)

     580,000        3,151,280  

Cathay Financial Holding Co. Ltd.(b)

     5,530,854        6,959,514  

Chailease Holding Co. Ltd.

     976,737        5,614,492  

Cheng Shin Rubber Industry Co. Ltd.

     3,566,000        4,009,770  

Chroma ATE, Inc.

     316,000        1,791,552  

CTBC Financial Holding Co. Ltd.

     10,904,672        6,817,781  

Delta Electronics, Inc.

     1,044,500        8,323,365  

E.Sun Financial Holding Co. Ltd.

     6,738,292        5,465,086  

Elite Semiconductor Microelectronics Technology, Inc.

     254,000        510,416  

ENNOSTAR, Inc.

     420,000        548,332  

Evergreen Marine Corp. Taiwan Ltd.

     652,800        3,001,947  

Far Eastern International Bank(b)

     3,373,717        1,179,510  

Far Eastern New Century Corp.

     3,398,080        3,462,405  

Feng TAY Enterprise Co. Ltd.

     419,000        2,085,168  

Formosa Chemicals & Fibre Corp.

     2,978,000        6,481,458  

Formosa Petrochemical Corp.

     1,646,000        4,297,880  

Formosa Plastics Corp.

     1,268,000        3,458,654  

Fubon Financial Holding Co. Ltd.(b)

     4,928,118        7,745,538  

Genius Electronic Optical Co. Ltd.(b)

     81,000        881,461  

Giant Manufacturing Co. Ltd.

     120,000        776,717  

Great Wall Enterprise Co. Ltd.

     11,592        16,248  

Hiwin Technologies Corp.

     126,752        706,640  

Hon Hai Precision Industry Co. Ltd.

     6,042,068        19,411,350  

Hotai Motor Co. Ltd.

     194,000        3,495,165  

Innolux Corp.

     7,813,000        2,571,604  

ITEQ Corp.

     168,000        309,553  

King Yuan Electronics Co. Ltd.(b)

     1,411,000        1,368,824  

Kinsus Interconnect Technology Corp.(b)

     112,000        328,073  

Largan Precision Co. Ltd.

     62,000        3,270,969  

Lien Hwa Industrial Holdings Corp.

     84,105        134,307  

Lite-On Technology Corp.

     975,000        1,959,274  

Macronix International Co. Ltd.(b)

     1,233,000        1,209,737  

MediaTek, Inc.(b)

     784,000        13,606,224  

Merida Industry Co. Ltd.(b)

     83,000        471,873  

Micro-Star International Co. Ltd.(b)

     701,000        2,373,539  

momo.com, Inc.(b)

     37,200        625,683  

Nan Ya Plastics Corp.(b)

     3,835,000        8,080,932  

Nan Ya Printed Circuit Board Corp.(b)

     105,000        625,059  

Novatek Microelectronics Corp.(b)

     388,000        2,676,368  

Pegatron Corp.

     1,272,000        2,343,759  

President Chain Store Corp.

     96,000      854,200  

Quanta Computer, Inc.(b)

     1,774,000        4,302,435  

Realtek Semiconductor Corp.

     307,000        2,610,791  

Shanghai Commercial & Savings Bank Ltd.

     2,269,000        3,516,167  

TA Chen Stainless Pipe(b)

     547,610        651,978  

Taishin Financial Holding Co. Ltd.

     2,232,494        963,343  

Taiwan Cement Corp.(b)

     5,165,768        5,499,479  

Taiwan Mobile Co. Ltd.

     114,000        343,267  

Taiwan Semiconductor Manufacturing Co. Ltd.

     9,010,000        119,758,733  

Tong Hsing Electronic Industries Ltd.

     134,000        700,620  

Uni-President Enterprises Corp.(b)

     1,595,160        3,381,343  

Unimicron Technology Corp.(b)

     754,000        2,790,482  

United Microelectronics Corp.*(b)

     5,929,000        6,676,171  

Voltronic Power Technology Corp.

     36,000        1,593,121  

Walsin Lihwa Corp.(b)

     961,977        1,227,127  

Walsin Technology Corp.(b)

     282,000        661,722  

Wan Hai Lines Ltd.(b)

     791,750        1,665,845  

Winbond Electronics Corp.

     2,867,000        1,783,466  

Wisdom Marine Lines Co. Ltd.

     425,000        692,069  

Wiwynn Corp.(b)

     69,000        1,756,024  

Yageo Corp.(b)

     311,396        2,638,367  

Yieh Phui Enterprise Co. Ltd.(b)

     807,350        342,022  

Yuanta Financial Holding Co. Ltd.

     9,577,817        5,897,708  

Zhen Ding Technology Holding Ltd.(b)

     420,000        1,402,249  
     

 

 

 
Total Taiwan

 

     332,995,153  
Thailand – 2.4%      

Advanced Info Service PCL, NVDR

     400,100        2,068,385  

B Grimm Power PCL, NVDR

     1,261,800        1,128,997  

Bangkok Expressway & Metro PCL, NVDR(b)

     9,247,500        2,255,488  

BTS Group Holdings PCL, NVDR

     14,814,800        3,259,884  

Bumrungrad Hospital PCL, NVDR

     723,900        4,356,450  

Carabao Group PCL, NVDR(b)

     350,000        791,026  

Central Pattana PCL, NVDR

     433,600        750,064  

Central Retail Corp. PCL, NVDR

     2,777,283        2,908,343  

CP ALL PCL, NVDR

     2,349,400        3,503,546  

Delta Electronics Thailand PCL, NVDR

     302,900        5,251,766  

Energy Absolute PCL, NVDR(b)

     1,913,400        4,476,605  

Gulf Energy Development PCL, NVDR

     4,602,400        6,405,779  

Hana Microelectronics PCL, NVDR(b)

     443,900        432,485  

Home Product Center PCL, NVDR

     6,459,800        2,311,964  

Indorama Ventures PCL, NVDR

     747,500        772,866  

Intouch Holdings PCL, NVDR

     1,811,000        3,492,849  

KCE Electronics PCL, NVDR(b)

     298,000        341,689  

Minor International PCL, NVDR*

     1,186,300        833,429  

Muangthai Capital PCL, NVDR

     937,500        900,964  

Osotspa PCL, NVDR

     2,265,300        1,636,517  

True Corp. PCL, NVDR

     16,422,600        2,198,678  
     

 

 

 
Total Thailand

 

     50,077,774  
Turkey – 0.4%      

Akbank TAS

     3,165,941        1,928,067  

BIM Birlesik Magazalar AS

     516,958        3,226,369  

Enka Insaat ve Sanayi AS(b)

     2,926,352        2,669,288  

 

See Notes to Financial Statements.

 

28   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

September 30, 2022

 

 

 

Investments    Shares     Value  

Turkiye Garanti Bankasi AS(b)

     1,418,889     $ 1,487,122  
    

 

 

 
Total Turkey

 

    9,310,846  
United Kingdom – 0.3%     

Avast PLC*

     570,679       4,687,031  

Investec PLC(b)

     585,753       2,358,656  
    

 

 

 
Total United Kingdom

 

    7,045,687  

TOTAL COMMON STOCKS

(Cost: $2,800,687,321)

 

 

    2,134,298,206  
RIGHTS – 0.0%     
Brazil – 0.0%     

Localiza Rent a Car SA, expiring 10/31/22*

     1,931       3,927  
Philippines – 0.0%     

Globe Telecom, Inc., expiring 10/7/22*

     780       4,657  

TOTAL RIGHTS

(Cost: $0)

 

 

    8,584  
      Principal
Amount
        
CORPORATE BONDS – 0.0%     
India – 0.0%     

Britannia Industries Ltd.
5.50%, 6/3/24*

    

(Cost: $45,084)

     3,280,857   INR      39,307  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.9%

 

United States – 0.9%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(d)

     
(Cost: $19,740,558)      19,740,558      19,740,558  

TOTAL INVESTMENTS IN SECURITIES – 101.1%

(Cost: $2,820,472,963)

 

 

     2,154,086,655  

Other Assets less Liabilities – (1.1)%

 

     (22,801,788
     

 

 

 
NET ASSETS – 100.0%

 

   $ 2,131,284,867  
* 

Non-income producing security.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $6,878,024, which represents 0.32% of net assets.

 

(a) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $102,016,376. The Fund also had securities on loan having a total market value of $17,882 that were sold and pending settlement. The total market value of the collateral held by the Fund was $115,538,208. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $95,797,650.

 

(c) 

This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933.

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and
Description of
Currency to
be Purchased

   

Amount and
Description of
Currency to
be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

State Street Bank and Trust

    10/3/2022       107,782       USD       500,000       MYR     $     $ (46

State Street Bank and Trust

    10/3/2022       157,853       USD       6,000,000       THB             (1,214
                                            $     $ (1,260

 

See Notes to Financial Statements.

 

WisdomTree Trust      29  


Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

           

China

   $ 608,351,244      $      $ 924,090 *     $ 609,275,334  

India

     468,101,072               1,266,903 *       469,367,975  

Russia

     772,001               0 *       772,001  

Taiwan

     327,467,714        5,527,439               332,995,153  

United Kingdom

     2,358,656               4,687,031 *       7,045,687  

Other

     714,842,056                      714,842,056  

Rights

           

Philippines

            4,657               4,657  

Brazil

     3,927                      3,927  

Corporate Bonds

            39,307               39,307  

Investment of Cash Collateral for Securities Loaned

            19,740,558               19,740,558  

Total Investments in Securities

   $ 2,121,896,670      $ 25,311,961      $ 6,878,024      $ 2,154,086,655  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (1,260    $      $ (1,260

Total – Net

   $ 2,121,896,670      $ 25,310,701      $ 6,878,024      $ 2,154,085,395  
* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

30   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Emerging Markets High Dividend Fund (DEM)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.2%      
Brazil – 20.0%      

B3 SA – Brasil Bolsa Balcao

     5,277,667      $ 12,733,493  

Banco Bradesco SA

     1,135,869        3,425,132  

Banco do Brasil SA

     1,253,617        8,927,836  

Banco Santander Brasil SA

     264,541        1,483,897  

BB Seguridade Participacoes SA

     404,504        1,987,053  

BrasilAgro – Co. Brasileira de Propriedades Agricolas

     121,192        676,668  

Camil Alimentos SA

     155,323        272,519  

Centrais Eletricas Brasileiras SA

     555,773        4,415,276  

Cia Brasileira de Distribuicao

     367,404        1,317,094  

Cia de Saneamento de Minas Gerais-COPASA

     286,517        699,229  

Cia de Saneamento do Parana

     286,739        909,172  

Cia Energetica de Minas Gerais

     488,626        1,463,479  

Cia Paranaense de Energia

     347,885        398,770  

Cia Siderurgica Nacional SA

     1,046,876        2,461,940  

CPFL Energia SA

     856,448        5,345,625  

CSN Mineracao SA

     1,004,416        614,662  

Cyrela Brazil Realty SA Empreendimentos e Participacoes

     812,861        2,757,703  

EDP – Energias do Brasil SA

     559,861        2,259,587  

Engie Brasil Energia SA

     696,890        4,961,726  

Grendene SA

     623,686        815,231  

JBS SA

     1,712,815        7,954,725  

JHSF Participacoes SA

     320,940        439,087  

Marfrig Global Foods SA

     722,825        1,319,002  

Minerva SA

     677,478        1,570,680  

Petroleo Brasileiro SA

     11,900,220        72,780,587  

Porto Seguro SA

     117,901        460,587  

Romi SA

     99,048        323,211  

Sul America SA

     201,729        822,752  

SYN prop e tech SA

     165,990        150,067  

Telefonica Brasil SA

     757,180        5,668,158  

Transmissora Alianca de Energia Eletrica SA

     1,048,059        7,547,242  

Unipar Carbocloro SA

     17,481        277,235  

Vale SA

     11,324,690        150,832,555  

Vibra Energia SA

     2,286,839        7,293,227  
     

 

 

 
Total Brazil

 

     315,365,207  
Chile – 0.7%      

CAP SA

     238,305        1,557,297  

Cencosud SA

     4,999,376        6,393,164  

Empresas CMPC SA

     2,557,011        3,932,139  
     

 

 

 
Total Chile

 

     11,882,600  
China – 26.3%      

Agricultural Bank of China Ltd., Class A

     8,131,800        3,262,233  

Agricultural Bank of China Ltd., Class H

     25,609,000        7,666,486  

Anhui Conch Cement Co. Ltd., Class A

     564,000        2,279,211  

Anhui Conch Cement Co. Ltd., Class H

     1,187,500        3,766,768  

Bank of Beijing Co. Ltd., Class A

     3,137,149        1,808,586  

Bank of China Ltd., Class A

     4,551,300        1,972,678  

Bank of China Ltd., Class H

     100,923,000        33,041,454  

Bank of Communications Co. Ltd., Class A

     4,831,600      3,131,087  

Bank of Communications Co. Ltd., Class H

     17,576,000        9,269,499  

Bank of Jiangsu Co. Ltd., Class A

     1,454,670        1,518,098  

Bank of Nanjing Co. Ltd., Class A

     627,000        925,221  

Bank of Shanghai Co. Ltd., Class A

     1,553,800        1,275,009  

Beijing Enterprises Water Group Ltd.

     3,988,000        919,538  

C&D International Investment Group Ltd.

     792,214        2,043,635  

Central China New Life Ltd.

     350,000        111,021  

China CITIC Bank Corp. Ltd., Class H

     9,524,000        3,785,383  

China Communications Services Corp. Ltd., Class H

     1,950,000        655,805  

China Construction Bank Corp., Class A

     588,500        455,667  

China Construction Bank Corp., Class H

     96,911,054        56,048,636  

China Everbright Bank Co. Ltd., Class A

     3,161,300        1,250,481  

China Everbright Environment Group Ltd.

     3,748,000        1,556,514  

China Galaxy Securities Co. Ltd., Class H

     2,593,500        1,199,303  

China Hongqiao Group Ltd.

     3,676,500        3,044,274  

China Life Insurance Co. Ltd., Class H

     6,439,000        8,251,868  

China Merchants Port Holdings Co. Ltd.

     2,372,000        2,982,413  

China Merchants Securities Co. Ltd., Class H(a)(b)

     535,400        463,792  

China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A

     699,182        1,602,524  

China Minsheng Banking Corp. Ltd., Class A

     4,380,300        2,082,887  

China National Building Material Co. Ltd., Class H

     5,002,000        3,829,606  

China Pacific Insurance Group Co. Ltd., Class A

     448,000        1,277,549  

China Pacific Insurance Group Co. Ltd., Class H

     1,161,600        2,139,739  

China Petroleum & Chemical Corp., Class A

     4,000,700        2,407,440  

China Petroleum & Chemical Corp., Class H

     43,416,000        18,638,699  

China Railway Group Ltd., Class H

     4,292,000        2,105,020  

China Reinsurance Group Corp., Class H

     4,684,000        289,397  

China Resources Land Ltd.

     2,834,000        11,155,633  

China Risun Group Ltd.

     1,358,000        531,097  

China Shenhua Energy Co. Ltd., Class A

     929,600        4,125,673  

China Shenhua Energy Co. Ltd., Class H

     8,099,000        24,194,136  

China Vanke Co. Ltd., Class A

     1,860,100        4,652,109  

China Vanke Co. Ltd., Class H

     2,425,700        4,418,847  

Chongqing Water Group Co. Ltd., Class A

     449,100        320,644  

CIFI Holdings Group Co. Ltd.(b)

     6,299,280        641,973  

CITIC Ltd.

     8,808,000        8,303,189  

CITIC Telecom International Holdings Ltd.

     3,956,000        1,280,047  

Consun Pharmaceutical Group Ltd.

     894,000        382,660  

COSCO Shipping Development Co. Ltd., Class H

     2,927,000        369,142  

COSCO Shipping Energy Transportation Co. Ltd., Class H*(b)

     1,554,000        1,292,707  

CSC Financial Co. Ltd., Class H(a)

     273,500        209,047  

Datang International Power Generation Co. Ltd., Class H*

     4,168,000        796,443  

Excellence Commercial Property & Facilities Management Group Ltd.

     463,000        162,200  

 

See Notes to Financial Statements.

 

WisdomTree Trust      31  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets High Dividend Fund (DEM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Fangda Special Steel Technology Co. Ltd., Class A

     819,600      $ 693,237  

FAW Jiefang Group Co. Ltd., Class A

     355,800        358,338  

Fufeng Group Ltd.

     1,189,000        607,382  

Fujian Sunner Development Co. Ltd., Class A

     202,200        549,097  

Gemdale Corp., Class A

     1,230,709        1,983,525  

Genertec Universal Medical Group Co. Ltd.(a)

     1,030,000        527,472  

Greenland Holdings Corp. Ltd., Class A*

     967,054        378,458  

Greenland Hong Kong Holdings Ltd.

     493,000        33,914  

Guangdong Investment Ltd.

     3,476,000        2,785,264  

Guotai Junan Securities Co. Ltd., Class H(a)(b)

     963,400        1,023,549  

Haitong Securities Co. Ltd., Class A

     1,156,300        1,404,594  

Haitong Securities Co. Ltd., Class H

     2,445,600        1,296,029  

Henan Shuanghui Investment & Development Co. Ltd., Class A

     438,200        1,503,457  

Hengan International Group Co. Ltd.

     842,000        3,764,914  

Hisense Home Appliances Group Co. Ltd., Class H

     487,000        442,338  

Huadian Power International Corp. Ltd., Class H(b)

     6,690,000        2,445,929  

Huaibei Mining Holdings Co. Ltd., Class A

     233,089        550,914  

Huaxin Cement Co. Ltd., Class A

     236,200        554,954  

Industrial & Commercial Bank of China Ltd., Class A

     4,194,500        2,559,362  

Industrial & Commercial Bank of China Ltd., Class H

     73,392,823        34,406,246  

Industrial Bank Co. Ltd., Class A

     1,487,600        3,474,263  

Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A

     818,600        451,260  

Jiangsu Expressway Co. Ltd., Class H

     2,919,727        2,190,753  

Jiangsu Zhongnan Construction Group Co. Ltd., Class A*

     1,483,900        482,897  

Jizhong Energy Resources Co. Ltd., Class A

     416,600        423,662  

JNBY Design Ltd.

     411,500        402,069  

Kingboard Holdings Ltd.

     1,032,000        2,918,559  

Kingfa Sci & Tech Co. Ltd., Class A

     374,600        492,871  

Lakala Payment Co. Ltd., Class A*

     127,800        245,233  

Lee & Man Paper Manufacturing Ltd.

     2,207,000        708,498  

Livzon Pharmaceutical Group, Inc., Class H

     210,900        528,734  

Longfor Group Holdings Ltd.(a)

     1,696,000        4,872,011  

Lonking Holdings Ltd.

     4,591,000        672,575  

Maanshan Iron & Steel Co. Ltd., Class H

     680,000        141,199  

Nanjing Iron & Steel Co. Ltd., Class A

     1,488,200        569,884  

New China Life Insurance Co. Ltd., Class H

     197,000        375,936  

PetroChina Co. Ltd., Class H

     41,684,000        17,098,623  

PICC Property & Casualty Co. Ltd., Class H

     4,564,000        4,732,667  

Ping An Insurance Group Co. of China Ltd., Class A

     1,020,300        5,950,790  

Ping An Insurance Group Co. of China Ltd., Class H

     2,921,000        14,586,581  

Poly Developments and Holdings Group Co. Ltd., Class A

     1,806,000        4,559,870  

Poly Property Group Co. Ltd.

     4,699,000        838,049  

Postal Savings Bank of China Co. Ltd., Class A

     1,396,700        873,776  

Postal Savings Bank of China Co. Ltd., Class H(a)(b)

     1,757,000      1,036,307  

Powerlong Real Estate Holdings Ltd.(b)

     2,228,000        227,060  

Qingdao Port International Co. Ltd., Class H(a)

     2,524,000        1,080,350  

RiseSun Real Estate Development Co. Ltd., Class A*

     1,306,300        430,599  

Shaanxi Coal Industry Co. Ltd., Class A

     926,500        2,959,175  

Shanghai Industrial Holdings Ltd.

     857,000        927,974  

Shanghai Pudong Development Bank Co. Ltd., Class A

     1,976,300        1,951,586  

Shenzhen Expressway Corp. Ltd., Class H

     1,598,000        1,168,489  

Shenzhen Overseas Chinese Town Co. Ltd., Class A

     1,126,600        760,111  

Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A

     200,800        611,485  

Shougang Fushan Resources Group Ltd.

     4,376,739        1,276,797  

Sino-Ocean Group Holding Ltd.

     7,275,000        759,946  

Sinopec Engineering Group Co. Ltd., Class H

     2,921,000        1,172,136  

Sinopec Kantons Holdings Ltd.

     1,322,000        365,449  

Sinotrans Ltd., Class H

     1,498,000        377,844  

SITC International Holdings Co. Ltd.

     2,655,000        4,910,967  

Tech-Bank Food Co. Ltd., Class A*

     519,800        495,072  

Tian Lun Gas Holdings Ltd.

     667,000        293,144  

Tianli International Holdings Ltd.*(b)

     1,792,000        328,728  

Tingyi Cayman Islands Holding Corp.

     2,190,000        3,777,449  

Uni-President China Holdings Ltd.

     1,756,000        1,474,164  

Xiamen C & D, Inc., Class A

     461,800        897,152  

Xinyi Glass Holdings Ltd.

     3,236,000        4,707,719  

Yango Group Co. Ltd., Class A*

     1,234,900        337,776  

Yankuang Energy Group Co. Ltd., Class H(b)

     1,362,000        4,953,579  

Yuexiu Transport Infrastructure Ltd.

     1,506,000        612,000  

Zhejiang Expressway Co. Ltd., Class H

     1,918,000        1,307,189  
     

 

 

 
Total China

 

     414,553,048  
Hong Kong – 0.1%      

Kingboard Laminates Holdings Ltd.(b)

     906,500        816,438  

Perfect Medical Health Management Ltd.

     1,257,000        534,832  

Wasion Holdings Ltd.

     1,118,000        283,420  
     

 

 

 
Total Hong Kong

 

     1,634,690  
India – 7.5%      

Ambuja Cements Ltd.

     1,281,924        8,124,768  

Bharat Petroleum Corp. Ltd.

     3,780,741        14,165,361  

CESC Ltd.

     1,349,497        1,282,293  

Coal India Ltd.

     1,958,080        5,108,741  

Gujarat Pipavav Port Ltd.

     362,174        387,990  

Hindustan Petroleum Corp. Ltd.

     1,755,457        4,667,480  

Indiabulls Housing Finance Ltd.*

     315,614        460,708  

IRCON International Ltd.(a)

     687,686        333,905  

ITC Ltd.

     5,357,447        21,877,278  

Mindspace Business Parks REIT(a)

     379,311        1,698,411  

NHPC Ltd.

     5,759,683        2,527,566  

NMDC Ltd.

     1,902,035        2,986,862  

NTPC Ltd.

     8,075,459        15,847,907  

Oracle Financial Services Software Ltd.

     43,145        1,581,782  

Petronet LNG Ltd.

     1,418,459        3,485,502  

 

See Notes to Financial Statements.

 

32   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets High Dividend Fund (DEM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Power Finance Corp. Ltd.

     1,793,038      $ 2,305,457  

Power Grid Corp. of India Ltd.

     6,950,340        18,129,557  

PTC India Ltd.

     520,897        491,435  

Rail Vikas Nigam Ltd.

     1,516,595        628,254  

REC Ltd.

     1,334,351        1,541,820  

SJVN Ltd.

     1,495,710        570,880  

Vedanta Ltd.

     3,006,612        9,980,616  
     

 

 

 
Total India

 

     118,184,573  
Indonesia – 2.0%      

Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT

     6,751,725        600,794  

Hanjaya Mandala Sampoerna Tbk PT

     14,596,100        872,267  

Indocement Tunggal Prakarsa Tbk PT

     3,352,700        2,091,653  

Indofood Sukses Makmur Tbk PT

     4,379,700        1,732,897  

Puradelta Lestari Tbk PT

     37,535,500        423,977  

Telkom Indonesia Persero Tbk PT

     81,334,300        23,822,097  

Unilever Indonesia Tbk PT

     5,544,700        1,758,720  
     

 

 

 
Total Indonesia

 

     31,302,405  
Malaysia – 2.8%      

Astro Malaysia Holdings Bhd

     4,991,500        823,485  

British American Tobacco Malaysia Bhd

     241,600        534,573  

Bursa Malaysia Bhd

     623,500        835,009  

Eco World Development Group Bhd

     2,077,300        273,270  

Hartalega Holdings Bhd

     3,624,000        1,297,356  

Malayan Banking Bhd

     11,086,483        20,513,700  

MISC Bhd

     1,542,300        2,248,425  

Petronas Gas Bhd

     1,386,100        4,932,208  

Public Bank Bhd

     9,964,900        9,090,258  

Sime Darby Bhd

     5,755,800        2,656,332  

Uchi Technologies Bhd

     679,000        475,900  
     

 

 

 
Total Malaysia

 

     43,680,516  
Mexico – 3.9%      

Alpek SAB de CV(b)

     790,982        1,026,320  

Arca Continental SAB de CV

     921,284        6,644,516  

Banco del Bajio SA(a)

     735,593        1,862,441  

Coca-Cola Femsa SAB de CV

     936,854        5,482,512  

Corp. Inmobiliaria Vesta SAB de CV

     1,310,978        2,446,246  

Fibra Uno Administracion SA de CV

     7,086,749        7,306,145  

Grupo Aeroportuario del Pacifico SAB de CV, Class B

     630,946        7,987,433  

Grupo Mexico SAB de CV, Series B

     7,654,647        25,932,341  

Kimberly-Clark de Mexico SAB de CV, Class A(b)

     1,995,466        2,670,545  

Regional SAB de CV

     150,938        852,219  
     

 

 

 
Total Mexico

 

     62,210,718  
Philippines – 0.5%      

DMCI Holdings, Inc.

     8,530,300        1,439,056  

LT Group, Inc.

     4,671,100        658,137  

Manila Electric Co.

     340,880        1,529,236  

PLDT, Inc.

     116,884        3,006,585  

Semirara Mining & Power Corp.

     1,759,700        1,170,632  
     

 

 

 
Total Philippines

 

     7,803,646  
Poland – 0.5%      

Ciech SA

     50,876      327,362  

Polski Koncern Naftowy Orlen SA

     437,780        4,745,645  

Powszechny Zaklad Ubezpieczen SA

     659,929        3,094,544  
     

 

 

 
Total Poland

 

     8,167,551  
Russia – 0.0%      

Evraz PLC

     2,288,532        0  

Magnit PJSC

     200,621        0  

Magnitogorsk Iron & Steel Works PJSC, GDR(c)

     298,929        0  

MMC Norilsk Nickel PJSC

     148,532        0  

Mobile TeleSystems PJSC, ADR

     1,549,581        0  

Novolipetsk Steel PJSC(c)

     5,213,400        0  

PhosAgro PJSC

     97,648        0  

Polyus PJSC

     35,479        0  

Sberbank of Russia PJSC*

     9,700,476        0  

Severstal PAO, GDR(c)

     775,843        0  

Tatneft PJSC

     1,374,967        0  
     

 

 

 
Total Russia

 

     0  
South Africa – 7.0%      

AECI Ltd.

     206,868        993,110  

African Rainbow Minerals Ltd.(b)

     293,649        3,995,162  

Anglo American Platinum Ltd.

     105,810        7,584,409  

Astral Foods Ltd.

     50,647        544,387  

AVI Ltd.

     673,390        2,727,656  

Cashbuild Ltd.(b)

     102,179        1,131,374  

Coronation Fund Managers Ltd.

     476,689        796,758  

DRDGOLD Ltd.(b)

     738,480        405,142  

Equites Property Fund Ltd.

     1,418,286        1,270,519  

Exxaro Resources Ltd.(b)

     1,018,109        11,467,286  

Gold Fields Ltd.

     882,931        7,243,743  

Impala Platinum Holdings Ltd.(b)

     2,015,350        19,025,981  

JSE Ltd.

     89,612        504,191  

Kumba Iron Ore Ltd.

     156,538        3,377,946  

MultiChoice Group

     806,389        5,188,528  

Oceana Group Ltd.

     167,312        495,815  

Resilient REIT Ltd.

     642,763        1,714,512  

Royal Bafokeng Platinum Ltd.

     433,068        3,458,761  

Sanlam Ltd.

     1,067,281        3,063,626  

Sibanye Stillwater Ltd.

     7,115,301        16,631,732  

SPAR Group Ltd.

     374,322        2,985,828  

Tiger Brands Ltd.

     193,658        1,825,757  

Truworths International Ltd.(b)

     1,033,202        2,865,774  

Vodacom Group Ltd.

     1,591,593        10,811,054  
     

 

 

 
Total South Africa

 

     110,109,051  
South Korea – 4.2%      

Daishin Securities Co. Ltd.

     39,626        380,833  

DGB Financial Group, Inc.

     96,684        471,019  

DN Automotive Corp.

     6,686        287,871  

Dongsung Chemical Co. Ltd.

     108,150        348,859  

GS Holdings Corp.

     90,498        2,637,706  

Hana Financial Group, Inc.

     183,881        4,556,218  

Hansol Paper Co. Ltd.

     37,814        396,456  

 

See Notes to Financial Statements.

 

WisdomTree Trust      33  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets High Dividend Fund (DEM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Hyundai Motor Securities Co. Ltd.

     43,102      $ 292,830  

iMarketKorea, Inc.

     52,546        381,966  

Industrial Bank of Korea

     76,395        508,339  

JB Financial Group Co. Ltd.

     115,393        561,358  

KB Financial Group, Inc.

     240,355        7,341,521  

KCC Glass Corp.

     22,523        628,919  

Koentec Co. Ltd.

     60,559        343,282  

Korea Asset In Trust Co. Ltd.

     119,612        257,918  

Korean Reinsurance Co.

     76,058        417,317  

KT Corp., ADR(b)

     397,743        4,860,420  

KT&G Corp.

     267,404        16,185,914  

Kumho E&C Co. Ltd.

     49,912        260,253  

Kyobo Securities Co. Ltd.

     42,046        166,632  

Kyungdong Pharm Co. Ltd.

     32,168        160,986  

LG Uplus Corp.

     244,901        1,840,138  

Macquarie Korea Infrastructure Fund

     895,491        7,354,455  

Meritz Fire & Marine Insurance Co. Ltd.

     42,754        881,557  

Meritz Securities Co. Ltd.

     395,787        1,016,647  

NH Investment & Securities Co. Ltd.

     137,973        866,972  

Orion Holdings Corp.

     30,387        314,341  

Samsung Card Co. Ltd.

     14,734        311,013  

Samsung Securities Co. Ltd.

     58,744        1,262,583  

Shinhan Financial Group Co. Ltd.

     322,357        7,548,025  

SSANGYONG C&E Co. Ltd.

     180,548        740,768  

TS Corp.

     169,066        305,470  

Woori Financial Group, Inc.

     302,314        2,260,963  
     

 

 

 
Total South Korea

 

     66,149,549  
Taiwan – 20.0%      

AcBel Polytech, Inc.(b)

     397,000        351,997  

Acer, Inc.(b)

     4,450,000        3,069,545  

Arcadyan Technology Corp.(b)

     280,000        840,467  

Asia Cement Corp.(b)

     7,166,000        8,892,891  

ASROCK, Inc.(b)

     75,000        201,502  

Asustek Computer, Inc.(b)

     2,136,000        15,742,984  

C Sun Manufacturing Ltd.

     381,470        546,691  

Capital Securities Corp.

     2,354,000        782,220  

Catcher Technology Co. Ltd.(b)

     1,489,000        8,090,097  

Cathay Financial Holding Co. Ltd.(b)

     7,579,000        9,536,711  

Cathay Real Estate Development Co. Ltd.

     681,000        344,264  

Charoen Pokphand Enterprise

     560,500        1,403,501  

Cheng Loong Corp.(b)

     1,339,000        1,121,843  

Cheng Uei Precision Industry Co. Ltd.

     614,000        655,599  

Chicony Electronics Co. Ltd.

     1,834,386        4,760,887  

Chicony Power Technology Co. Ltd.

     324,000        682,718  

China Bills Finance Corp.(b)

     1,100,000        511,040  

China Development Financial Holding Corp.(b)

     10,967,000        4,145,138  

China Steel Structure Co. Ltd.(b)

     172,000        284,960  

ChipMOS Technologies, Inc.

     401,000        378,910  

Chong Hong Construction Co. Ltd.

     351,000        809,260  

Chung-Hsin Electric & Machinery Manufacturing Corp.(b)

     514,000        921,182  

Cleanaway Co. Ltd.

     168,000        923,368  

Compal Electronics, Inc.(b)

     7,196,000        4,918,366  

Continental Holdings Corp.

     794,000        754,011  

CTBC Financial Holding Co. Ltd.

     15,768,000      9,858,414  

CTCI Corp.

     823,000        1,182,047  

D-Link Corp.*(b)

     608,480        281,730  

Darfon Electronics Corp.(b)

     469,000        582,021  

Daxin Materials Corp.

     118,000        236,379  

Edom Technology Co. Ltd.(b)

     369,000        316,711  

Elan Microelectronics Corp.

     354,000        927,676  

Everlight Electronics Co. Ltd.

     416,000        456,632  

Far Eastern Department Stores Ltd.

     1,531,000        940,329  

Far Eastern New Century Corp.

     4,647,000        4,734,966  

Far EasTone Telecommunications Co. Ltd.

     2,208,000        5,035,094  

Farglory Land Development Co. Ltd.

     488,000        883,807  

Feng Hsin Steel Co. Ltd.

     629,000        1,180,774  

First Financial Holding Co. Ltd.

     5,953,833        4,875,733  

FLEXium Interconnect, Inc.*(b)

     365,000        999,039  

Flytech Technology Co. Ltd.

     198,000        429,689  

Formosan Union Chemical(b)

     724,000        513,087  

Fubon Financial Holding Co. Ltd.

     6,516,668        10,242,267  

Getac Holdings Corp.(b)

     1,015,000        1,350,712  

Gigabyte Technology Co. Ltd.(b)

     467,000        1,298,816  

Global Mixed Mode Technology, Inc.(b)

     91,000        346,814  

Goldsun Building Materials Co. Ltd.

     1,700,000        1,285,080  

Great Wall Enterprise Co. Ltd.

     1,443,724        2,023,551  

Highwealth Construction Corp.(b)

     1,954,819        2,401,271  

Hiyes International Co. Ltd.

     184,500        394,000  

Ho Tung Chemical Corp.

     1,350,000        375,461  

Holtek Semiconductor, Inc.(b)

     309,000        648,190  

Holy Stone Enterprise Co. Ltd.(b)

     308,000        843,025  

Hon Hai Precision Industry Co. Ltd.

     12,577,000        40,406,123  

Hong TAI Electric Industrial

     308,000        143,576  

Hsing TA Cement Co.

     476,000        224,889  

Huaku Development Co. Ltd.

     330,000        940,660  

Huang Hsiang Construction Corp.

     440,000        556,427  

Hung Ching Development & Construction Co. Ltd.

     277,000        177,547  

Hung Sheng Construction Ltd.

     419,000        325,313  

I-Sheng Electric Wire & Cable Co. Ltd.

     460,000        595,483  

IBF Financial Holdings Co. Ltd.

     2,236,350        813,564  

Inventec Corp.(b)

     5,195,000        3,747,063  

ITE Technology, Inc.(b)

     240,000        442,975  

Jia Wei Lifestyle, Inc.

     207,000        320,127  

Kindom Development Co. Ltd.

     512,000        408,000  

King Yuan Electronics Co. Ltd.(b)

     1,198,000        1,162,191  

King’s Town Bank Co. Ltd.

     784,000        832,177  

Kung Long Batteries Industrial Co. Ltd.

     176,000        765,000  

Lelon Electronics Corp.

     151,000        231,858  

Lite-On Technology Corp.

     7,531,000        15,133,636  

Mega Financial Holding Co. Ltd.

     7,143,034        7,008,268  

Micro-Star International Co. Ltd.(b)

     848,000        2,871,272  

Mirle Automation Corp.(b)

     313,000        370,683  

Nak Sealing Technologies Corp.

     191,000        583,546  

Namchow Holdings Co. Ltd.

     240,000        337,144  

Nan Liu Enterprise Co. Ltd.

     112,000        242,704  

Nantex Industry Co. Ltd.

     338,000        381,127  

 

See Notes to Financial Statements.

 

34   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets High Dividend Fund (DEM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Nichidenbo Corp.

     589,000      $ 889,557  

Pan German Universal Motors Ltd.

     65,000        423,793  

Pegatron Corp.

     3,668,000        6,758,575  

Powertech Technology, Inc.

     1,465,000        3,557,640  

President Securities Corp.(b)

     1,244,000        579,899  

Primax Electronics Ltd.(b)

     582,000        1,169,536  

Promate Electronic Co. Ltd.

     622,000        705,282  

Qisda Corp.(b)

     3,189,000        2,722,035  

Quanta Computer, Inc.(b)

     7,469,990        18,116,767  

Radium Life Tech Co. Ltd.

     774,000        234,523  

Rexon Industrial Corp. Ltd.(b)

     280,000        262,811  

Sampo Corp.

     1,208,000        994,967  

Sanyang Motor Co. Ltd.(b)

     859,000        1,036,244  

Shanghai Commercial & Savings Bank Ltd.

     2,204,000        3,415,440  

Shin Foong Specialty & Applied Materials Co. Ltd.(b)

     76,000        128,785  

Shin Kong Financial Holding Co. Ltd.

     6,435,776        1,664,233  

Shin Zu Shing Co. Ltd.(b)

     310,000        879,744  

Sigurd Microelectronics Corp.(b)

     661,000        884,831  

Sinon Corp.

     780,000        950,770  

SinoPac Financial Holdings Co. Ltd.

     6,906,384        3,763,282  

Sinyi Realty, Inc.

     645,000        593,215  

Sonix Technology Co. Ltd.(b)

     362,000        554,704  

Standard Foods Corp.(b)

     424,000        510,819  

Stark Technology, Inc.

     280,000        721,409  

Sunonwealth Electric Machine Industry Co. Ltd.

     383,000        434,885  

Supreme Electronics Co. Ltd.

     707,539        758,818  

Symtek Automation Asia Co. Ltd.(b)

     112,000        301,263  

Syncmold Enterprise Corp.(b)

     260,000        518,379  

Synnex Technology International Corp.

     3,414,000        5,677,634  

Systex Corp.

     363,000        794,623  

TA-I Technology Co. Ltd.(b)

     176,000        222,016  

Taiflex Scientific Co. Ltd.(b)

     384,000        478,352  

Taisun Enterprise Co. Ltd.(b)

     478,000        535,226  

Taita Chemical Co. Ltd.

     133,200        90,411  

Taiwan Cement Corp.(b)

     9,908,916        10,549,036  

Taiwan Cogeneration Corp.

     723,000        782,231  

Taiwan FU Hsing Industrial Co. Ltd.

     572,000        746,776  

Taiwan Hon Chuan Enterprise Co. Ltd.

     544,000        1,435,863  

Taiwan Mobile Co. Ltd.

     1,797,253        5,411,742  

Taiwan PCB Techvest Co. Ltd.

     741,000        791,203  

Taiwan Sakura Corp.

     283,000        556,213  

Taiwan Secom Co. Ltd.

     499,000        1,587,420  

Taiwan-Asia Semiconductor Corp.(b)

     760,000        804,309  

Test Research, Inc.

     313,000        613,204  

Topco Scientific Co. Ltd.

     366,435        1,783,181  

Transcend Information, Inc.(b)

     246,000        499,764  

Tripod Technology Corp.

     712,000        2,094,579  

Unitech Computer Co. Ltd.

     301,000        273,990  

United Integrated Services Co. Ltd.

     607,000        2,867,807  

Universal Cement Corp.

     738,000        476,519  

Wah Lee Industrial Corp.

     216,000        568,081  

Weikeng Industrial Co. Ltd.(b)

     748,000        600,775  

WinWay Technology Co. Ltd.

     26,000      307,096  

Wistron Corp.(b)

     5,302,561        4,434,250  

WPG Holdings Ltd.

     2,357,280        3,448,791  

WT Microelectronics Co. Ltd.

     414,000        766,739  

YC INOX Co. Ltd.(b)

     460,000        395,540  

YFY, Inc.(b)

     1,571,000        1,172,720  

Yuanta Financial Holding Co. Ltd.

     8,155,810        5,022,082  

Yulon Nissan Motor Co. Ltd.(b)

     139,000        831,837  

Zeng Hsing Industrial Co. Ltd.(b)

     128,000        503,953  

Zenitron Corp.(b)

     489,000        401,994  

ZongTai Real Estate Development Co. Ltd.

     813,821        820,255  
     

 

 

 
Total Taiwan

 

     316,213,238  
Thailand – 2.2%      

Asia Plus Group Holdings PCL, NVDR(b)

     5,100,800        405,684  

Bangkok Insurance PCL, NVDR

     56,400        420,159  

BG Container Glass PCL, NVDR

     587,500        154,974  

Dynasty Ceramic PCL, NVDR

     10,656,000        757,107  

Eastern Water Resources Development and Management PCL, NVDR

     350,500        52,965  

Haad Thip PCL, NVDR(b)

     419,000        324,914  

Kiatnakin Phatra Bank PCL, NVDR

     458,400        835,498  

Land & Houses PCL, NVDR

     9,423,400        2,223,443  

LPN Development PCL, NVDR(b)

     5,604,600        647,828  

MCS Steel PCL, NVDR(b)

     548,200        146,787  

Noble Development PCL, Class C, NVDR(b)

     4,557,900        553,425  

Pruksa Holding PCL, NVDR

     2,229,000        709,120  

PTT Exploration & Production PCL, NVDR

     1,350,000        5,744,300  

PTT Global Chemical PCL, NVDR

     1,758,700        1,934,943  

PTT PCL, NVDR

     10,054,500        9,062,911  

Quality Houses PCL, NVDR

     8,915,000        505,782  

Ratch Group PCL, NVDR

     288,100        313,152  

Regional Container Lines PCL, NVDR

     430,100        330,671  

SC Asset Corp. PCL, NVDR

     7,733,200        758,559  

Siam City Cement PCL, NVDR(b)

     218,100        884,658  

Somboon Advance Technology PCL, NVDR

     1,004,200        535,112  

SPCG PCL, NVDR

     1,133,200        447,632  

Sri Trang Agro-Industry PCL, NVDR

     2,428,100        1,255,248  

Sri Trang Gloves Thailand PCL, NVDR(b)

     3,656,800        1,105,183  

Thai Vegetable Oil PCL, NVDR

     786,186        609,649  

Thanachart Capital PCL, NVDR

     920,000        945,122  

TMT Steel PCL, NVDR(b)

     1,319,200        279,788  

TPI Polene Power PCL, NVDR(b)

     6,576,200        613,686  

TTW PCL, NVDR

     4,090,377        1,073,561  

United Paper PCL, NVDR

     753,400        327,565  

WHA Utilities and Power PCL, NVDR(b)

     4,423,700        469,109  
     

 

 

 
Total Thailand               34,428,535  
Turkey – 1.5%      

Aksa Akrilik Kimya Sanayii AS

     283,340        879,587  

Arcelik AS(b)

     488,586        1,771,070  

BIM Birlesik Magazalar AS

     766,844        4,785,924  

Dogus Otomotiv Servis ve Ticaret AS

     147,220        771,895  

EGE Endustri VE Ticaret AS

     2,848        346,642  

Eregli Demir ve Celik Fabrikalari TAS(b)

     3,679,704        5,752,236  

 

See Notes to Financial Statements.

 

WisdomTree Trust      35  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets High Dividend Fund (DEM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Goodyear Lastikleri TAS*

     862,172      $ 534,832  

Iskenderun Demir ve Celik AS(b)

     581,034        779,162  

Nuh Cimento Sanayi AS

     91,282        330,395  

Otokar Otomotiv Ve Savunma Sanayi AS(b)

     14,762        448,948  

Turk Telekomunikasyon AS(b)

     1,194,317        697,708  

Turk Traktor ve Ziraat Makineleri AS

     50,575        761,960  

Turkcell Iletisim Hizmetleri AS(b)

     3,836,988        4,102,225  

Ulker Biskuvi Sanayi AS*

     381,240        421,166  

Vestel Beyaz Esya Sanayi ve Ticaret AS

     1,066,715        516,714  

Vestel Elektronik Sanayi ve Ticaret AS(b)

     337,755        728,764  
     

 

 

 
Total Turkey

 

     23,629,228  

TOTAL COMMON STOCKS

(Cost: $1,890,811,335)

 

 

     1,565,314,555  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.8%

 

United States – 1.8%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(d)

     
(Cost: $28,456,502)      28,456,502        28,456,502  
TOTAL INVESTMENTS IN SECURITIES – 101.0%

 

  
(Cost: $1,919,267,837)         1,593,771,057  

Other Assets less Liabilities – (1.0)%

 

     (15,323,243
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,578,447,814  

 

* 

Non-income producing security.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets.

 

(a) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $91,918,276. The Fund also had securities on loan having a total market value of $41,141 that were sold and pending settlement. The total market value of the collateral held by the Fund was $102,300,452. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $73,843,950.

 

(c) 

This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933.

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

INVESTMENT IN AFFILIATES

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate    Value at
3/31/2022
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2022
     Dividend
Income
 

WisdomTree Global High Dividend Fund^

   $ 1,246,049      $      $ 1,061,060      $ (158,512    $ (26,477    $      $ 22,665  
^

As of September 30,2022, the Fund did not hold a position in this affiliate.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and
Description of
Currency to
be Purchased

   

Amount and
Description of
Currency to
be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    10/3/2022       44,574       USD       1,419,582       TWD     $     $ (139

Bank of Montreal

    10/3/2022       1,057,482       USD       19,000,000       ZAR       312        

Credit Suisse International

    10/5/2022       901,636       USD       1,297,544,879       KRW             (5,294

HSBC Holdings PLC

    10/3/2022       635,765       USD       2,954,717       MYR             (1,440

JP Morgan Chase Bank NA

    10/3/2022       4,495,859       USD       24,294,948       BRL       4,156        

JP Morgan Chase Bank NA

    10/3/2022       4,639,836       USD       147,746,284       TWD             (13,737

State Street Bank and Trust

    10/4/2022       118,685       USD       7,002,394       PHP             (759
                                            $ 4,468     $ (21,369

 

See Notes to Financial Statements.

 

36   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets High Dividend Fund (DEM)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
    

Other

Significant
Observable

Inputs
(Level 2)

     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

           

Russia

   $      $      $ 0 *     $ 0  

Other

     1,565,314,555                      1,565,314,555  

Investment of Cash Collateral for Securities Loaned

            28,456,502               28,456,502  

Total Investments in Securities

   $ 1,565,314,555      $ 28,456,502      $ 0      $ 1,593,771,057  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 4,468      $      $ 4,468  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (21,369    $      $ (21,369

Total – Net

   $ 1,565,314,555      $ 28,439,601      $ 0      $ 1,593,754,156  
* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      37  


Schedule of Investments (unaudited)

WisdomTree Emerging Markets Multifactor Fund (EMMF)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 97.5%      
Brazil – 6.2%      

Ambev SA

     1,958      $ 5,625  

Banco do Brasil SA

     494        3,518  

BB Seguridade Participacoes SA

     817        4,013  

CCR SA

     3,423        7,930  

Centrais Eletricas Brasileiras SA

     230        1,827  

Cia de Saneamento Basico do Estado de Sao Paulo

     260        2,384  

CPFL Energia SA

     1,613        10,068  

Energisa SA

     1,352        10,471  

Engie Brasil Energia SA

     1,551        11,043  

Equatorial Energia SA

     2,299        11,434  

Hypera SA

     1,158        9,474  

JBS SA

     387        1,797  

Klabin SA

     2,922        9,805  

Suzano SA

     1,175        9,667  

Telefonica Brasil SA

     1,476        11,049  

Vale SA

     165        2,198  

Vibra Energia SA

     2,946        9,395  
     

 

 

 
Total Brazil

 

     121,698  
Chile – 2.0%      

Banco de Chile

     124,559        11,075  

Banco de Credito e Inversiones SA

     281        7,216  

Cencosud SA

     4,060        5,192  

Empresas CMPC SA

     5,646        8,682  

Empresas COPEC SA

     1,135        7,347  
     

 

 

 
Total Chile

 

     39,512  
China – 26.2%      

Agricultural Bank of China Ltd., Class H

     48,000        14,370  

Anhui Gujing Distillery Co. Ltd., Class B

     600        8,866  

Bank of Chengdu Co. Ltd., Class A

     2,700        6,196  

Bank of China Ltd., Class H

     45,000        14,733  

Bank of Communications Co. Ltd., Class H

     26,000        13,712  

China Cinda Asset Management Co. Ltd., Class H

     86,000        9,531  

China CITIC Bank Corp. Ltd., Class H

     35,000        13,911  

China Coal Energy Co. Ltd., Class H(a)

     10,000        9,070  

China Construction Bank Corp., Class H

     24,000        13,880  

China Everbright Bank Co. Ltd., Class H

     29,000        7,980  

China Galaxy Securities Co. Ltd., Class H

     28,000        12,948  

China Railway Group Ltd., Class H

     24,000        11,771  

China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A

     600        3,233  

China Shenhua Energy Co. Ltd., Class H

     3,500        10,456  

Daan Gene Co. Ltd., Class A

     2,400        5,582  

Daqo New Energy Corp., ADR*

     382        20,277  

Gree Electric Appliances, Inc. of Zhuhai, Class A

     1,700        7,733  

Guanghui Energy Co. Ltd., Class A

     3,800        6,545  

Hengan International Group Co. Ltd.

     5,500        24,593  

Hubei Xingfa Chemicals Group Co. Ltd., Class A

     800        3,757  

Industrial & Commercial Bank of China Ltd., Class H

     30,000        14,064  

Inner Mongolia Yitai Coal Co. Ltd., Class B

     10,400        15,673  

Inner Mongolia Yuan Xing Energy Co. Ltd., Class A

     5,200        5,419  

Jiangsu Expressway Co. Ltd., Class H

     14,000        10,505  

Joincare Pharmaceutical Group Industry Co. Ltd., Class A

     4,000      5,903  

Kingboard Holdings Ltd.

     6,500        18,382  

Lenovo Group Ltd.

     16,000        11,129  

Metallurgical Corp. of China Ltd., Class A

     9,800        4,110  

People’s Insurance Co. Group of China Ltd., Class H

     51,000        14,813  

PetroChina Co. Ltd., Class H

     28,000        11,485  

PICC Property & Casualty Co. Ltd., Class H

     12,000        12,443  

Postal Savings Bank of China Co. Ltd., Class H(b)

     23,000        13,566  

Power Construction Corp. of China Ltd., Class A

     2,100        2,053  

Shaanxi Coal Industry Co. Ltd., Class A

     1,700        5,430  

Shanghai Baosight Software Co. Ltd., Class B

     4,740        13,793  

Shanxi Lu’an Environmental Energy Development Co. Ltd., Class A

     1,400        3,315  

Sichuan Hebang Biotechnology Co. Ltd., Class A

     11,600        5,239  

TBEA Co. Ltd., Class A

     2,300        6,991  

TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A

     700        4,395  

Tencent Holdings Ltd.

     600        20,362  

Tingyi Cayman Islands Holding Corp.

     14,000        24,148  

Vipshop Holdings Ltd., ADR*

     2,329        19,587  

Want Want China Holdings Ltd.

     34,000        22,219  

Yankuang Energy Group Co. Ltd., Class H(a)

     4,000        14,548  

Zhejiang Expressway Co. Ltd., Class H

     12,000        8,178  

Zhejiang Supor Co. Ltd., Class A

     900        5,824  
     

 

 

 
Total China

 

     512,718  
Czech Republic – 0.5%      

Moneta Money Bank AS(b)

     3,398        9,565  
Hong Kong – 0.4%      

Orient Overseas International Ltd.

     500        8,758  
Hungary – 0.4%      

MOL Hungarian Oil & Gas PLC

     1,373        7,649  
India – 13.4%      

Adani Power Ltd.*

     1,358        6,235  

Aurobindo Pharma Ltd.

     1,580        9,917  

Bajaj Auto Ltd.

     381        16,522  

Bharat Electronics Ltd.

     1,392        1,727  

Cipla Ltd.

     986        13,513  

Coal India Ltd.

     635        1,657  

Colgate-Palmolive India Ltd.

     523        10,475  

Container Corp. of India Ltd.

     258        2,257  

Dr. Reddy’s Laboratories Ltd.

     239        12,738  

GAIL India Ltd.

     5,299        5,670  

HCL Technologies Ltd.

     1,105        12,664  

Hero MotoCorp Ltd.

     368        11,532  

Indian Oil Corp. Ltd.

     10,099        8,311  

Indus Towers Ltd.

     3,672        8,912  

Infosys Ltd.

     728        12,649  

ITC Ltd.

     1,549        6,325  

Mahindra & Mahindra Ltd.

     1,170        18,239  

Marico Ltd.

     930        6,149  

NTPC Ltd.

     4,737        9,296  

Oil & Natural Gas Corp. Ltd.

     4,459        6,950  

 

See Notes to Financial Statements.

 

38   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Multifactor Fund (EMMF)

September 30, 2022

 

 

 

Investments    Shares      Value  

Petronet LNG Ltd.

     778      $ 1,912  

Power Grid Corp. of India Ltd.

     2,974        7,757  

Sun Pharmaceutical Industries Ltd.

     1,114        12,991  

Tata Consultancy Services Ltd.

     335        12,373  

Tata Elxsi Ltd.

     82        8,625  

Tata Steel Ltd.

     6,548        7,993  

Torrent Pharmaceuticals Ltd.

     571        10,948  

UPL Ltd.

     1,117        9,228  

Vedanta Ltd.

     2,372        7,874  
     

 

 

 
Total India

 

     261,439  
Indonesia – 5.0%      

Adaro Energy Indonesia Tbk PT

     35,600        9,258  

Aneka Tambang Tbk

     17,300        2,204  

Astra International Tbk PT

     32,900        14,314  

Bank Central Asia Tbk PT

     22,900        12,858  

Bank Mandiri Persero Tbk PT

     6,800        4,209  

Bank Negara Indonesia Persero Tbk PT

     4,600        2,711  

Indah Kiat Pulp & Paper Tbk PT

     17,400        10,341  

Indofood CBP Sukses Makmur Tbk PT

     11,200        6,362  

Indofood Sukses Makmur Tbk PT

     18,100        7,162  

Kalbe Farma Tbk PT

     111,500        13,400  

Telkom Indonesia Persero Tbk PT

     19,600        5,741  

United Tractors Tbk PT

     4,500        9,700  
     

 

 

 
Total Indonesia

 

     98,260  
Malaysia – 4.1%      

Genting Malaysia Bhd

     21,700        13,057  

Hong Leong Bank Bhd

     2,600        11,495  

IHH Healthcare Bhd

     1,800        2,290  

IOI Corp. Bhd

     2,100        1,707  

Kuala Lumpur Kepong Bhd

     400        1,786  

MISC Bhd

     2,100        3,061  

MR DIY Group M Bhd(b)

     23,800        10,111  

Nestle Malaysia Bhd

     200        5,629  

Petronas Chemicals Group Bhd

     1,800        3,257  

Petronas Gas Bhd

     2,200        7,828  

RHB Bank Bhd

     3,188        3,823  

Sime Darby Bhd

     6,000        2,769  

Sime Darby Plantation Bhd

     2,100        1,852  

Telekom Malaysia Bhd

     4,600        5,426  

Tenaga Nasional Bhd

     3,800        6,597  
     

 

 

 
Total Malaysia

 

     80,688  
Mexico – 4.9%      

Alfa SAB de CV, Class A

     17,819        11,361  

America Movil SAB de CV, Series L

     14,150        11,703  

Arca Continental SAB de CV

     1,234        8,900  

Coca-Cola Femsa SAB de CV

     1,278        7,479  

Fomento Economico Mexicano SAB de CV

     1,075        6,748  

Gruma SAB de CV, Class B

     570        5,468  

Grupo Bimbo SAB de CV, Series A

     1,838        6,487  

Grupo Financiero Inbursa SAB de CV, Class O*

     6,284        9,976  

Orbia Advance Corp. SAB de CV

     5,783        9,715  

Promotora y Operadora de Infraestructura SAB de CV

     1,691        11,535  

Sitios Latinoamerica SAB de CV*

     707      316  

Wal-Mart de Mexico SAB de CV

     1,900        6,693  
     

 

 

 
Total Mexico

 

     96,381  
Philippines – 4.2%      

Aboitiz Equity Ventures, Inc.

     9,030        8,264  

Bank of the Philippine Islands

     6,790        10,366  

BDO Unibank, Inc.

     4,910        9,338  

International Container Terminal Services, Inc.

     3,030        8,094  

Jollibee Foods Corp.

     3,060        11,953  

Manila Electric Co.

     2,060        9,241  

Metro Pacific Investments Corp.

     105,000        5,964  

Metropolitan Bank & Trust Co.

     12,150        10,052  

PLDT, Inc.

     365        9,389  
     

 

 

 
Total Philippines

 

     82,661  
Poland – 1.1%      

Cyfrowy Polsat SA

     2,346        7,624  

Orange Polska SA

     6,854        7,191  

PGE Polska Grupa Energetyczna SA*

     1,419        1,803  

Polski Koncern Naftowy Orlen SA

     186        2,017  

Polskie Gornictwo Naftowe i Gazownictwo SA*

     2,002        1,977  
     

 

 

 
Total Poland

 

     20,612  
Russia – 0.0%      

Lukoil PJSC, ADR

     113        0  

Magnit PJSC

     33        0  

MMC Norilsk Nickel PJSC, ADR

     130        0  

Mobile TeleSystems PJSC, ADR

     1,696        0  

Novolipetsk Steel PJSC(c)

     3,110        0  

PhosAgro PJSC, GDR(c)

     182        0  

Polyus PJSC

     59        0  

Rosneft Oil Co. PJSC

     1,588        0  

Sberbank of Russia PJSC, ADR*

     639        0  

Severstal PAO, GDR(c)

     475        0  

VTB Bank PJSC*

     16,536,000        0  

X5 Retail Group NV, GDR(c)

     223        0  
     

 

 

 
Total Russia

 

     0  
South Africa – 3.0%      

Bidvest Group Ltd.

     360        3,937  

Exxaro Resources Ltd.(a)

     606        6,825  

Foschini Group Ltd.

     288        1,885  

Gold Fields Ltd.

     806        6,613  

MTN Group Ltd.

     303        2,021  

MultiChoice Group

     1,622        10,436  

Pepkor Holdings Ltd.(b)

     9,600        11,094  

Shoprite Holdings Ltd.

     432        5,216  

Vodacom Group Ltd.

     1,539        10,454  
     

 

 

 
Total South Africa

 

     58,481  
South Korea – 8.6%      

BGF Retail Co. Ltd.

     56        6,478  

Cheil Worldwide, Inc.

     656        10,408  

CJ CheilJedang Corp.

     21        6,033  

DB Insurance Co. Ltd.

     261        10,070  

 

See Notes to Financial Statements.

 

WisdomTree Trust      39  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Multifactor Fund (EMMF)

September 30, 2022

 

 

 

Investments    Shares      Value  

GS Holdings Corp.

     389      $ 11,338  

HMM Co. Ltd.

     169        2,185  

Hyundai Glovis Co. Ltd.

     81        9,200  

Kia Corp.

     246        12,363  

KT&G Corp.

     118        7,143  

LG Innotek Co. Ltd.

     35        6,691  

LG Uplus Corp.

     1,517        11,398  

Meritz Financial Group, Inc.

     348        5,072  

Meritz Fire & Marine Insurance Co. Ltd.

     331        6,825  

Orion Corp.

     79        5,687  

Pan Ocean Co. Ltd.

     2,553        8,030  

POSCO Holdings, Inc.

     56        8,259  

S-Oil Corp.

     132        7,473  

Samsung Electronics Co. Ltd.

     387        14,363  

Samsung Engineering Co. Ltd.*

     580        9,223  

SD Biosensor, Inc.

     277        5,150  

Seegene, Inc.

     266        4,983  
     

 

 

 
Total South Korea               168,372  
Taiwan – 11.9%      

AUO Corp.

     19,000        8,797  

China Steel Corp.

     2,000        1,682  

Chunghwa Telecom Co. Ltd.

     1,000        3,591  

Compal Electronics, Inc.

     20,000        13,670  

Eva Airways Corp.

     6,000        5,329  

Evergreen Marine Corp. Taiwan Ltd.

     400        1,839  

Far Eastern New Century Corp.

     12,000        12,227  

Far EasTone Telecommunications Co. Ltd.

     6,000        13,682  

Formosa Plastics Corp.

     5,000        13,638  

Lite-On Technology Corp.

     6,000        12,057  

Micro-Star International Co. Ltd.

     3,000        10,158  

President Chain Store Corp.

     1,000        8,898  

Quanta Computer, Inc.

     6,000        14,552  

Ruentex Development Co. Ltd.

     5,000        8,095  

Taiwan Mobile Co. Ltd.

     4,000        12,045  

Taiwan Semiconductor Manufacturing Co. Ltd.

     4,000        53,167  

Walsin Lihwa Corp.

     7,000        8,929  

Wan Hai Lines Ltd.

     2,380        5,008  

WPG Holdings Ltd.

     9,000        13,167  

Yang Ming Marine Transport Corp.

     1,000        1,937  

Zhen Ding Technology Holding Ltd.

     3,000        10,016  
     

 

 

 
Total Taiwan               232,484  
Thailand – 3.1%      

Advanced Info Service PCL, NVDR

     2,200        11,373  

Bangkok Dusit Medical Services PCL, NVDR

     16,200        12,670  

Bumrungrad Hospital PCL, NVDR

     2,000        12,036  

Electricity Generating PCL, NVDR

     400        1,750  

Indorama Ventures PCL, NVDR

     10,100        10,443  

PTT Exploration & Production PCL, NVDR

     400        1,702  

Ratch Group PCL, NVDR

     2,000        2,174  

Thai Oil PCL, NVDR

     1,500        2,038  

Thai Union Group PCL, NVDR

     13,400        6,643  
     

 

 

 
Total Thailand               60,829  
Turkey – 2.5%     

Akbank TAS

     16,546     10,077  

Ford Otomotiv Sanayi AS

     558       9,842  

KOC Holding AS

     2,996       7,337  

Turk Hava Yollari AO*

     543       2,068  

Turkiye Is Bankasi AS, Class C

     25,912       10,511  

Turkiye Sise ve Cam Fabrikalari AS

     6,189       8,486  
    

 

 

 
Total Turkey              48,321  

TOTAL COMMON STOCKS

(Cost: $2,192,610)

             1,908,428  
      Principal
Amount
        
CORPORATE BONDS – 0.0%     
India – 0.0%     

Britannia Industries Ltd.
5.50%, 6/3/24*

(Cost: $124)

     9,164   INR      110  
      Shares         
PREFERRED STOCKS – 1.7%

 

Brazil – 1.4%

 

Cia Energetica de Minas Gerais

     1,783       3,547  

Gerdau SA

     1,833       8,282  

Itau Unibanco Holding SA

     2,011       10,433  

Petroleo Brasileiro SA

     675       3,719  
    

 

 

 
Total Brazil              25,981  
Chile – 0.3%     

Sociedad Quimica y Minera de Chile SA, Class B

     68       6,396  

TOTAL PREFERRED STOCKS

(Cost: $33,994)

 

 

    32,377  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.5%

 

United States – 1.5%     

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(d)

    

(Cost: $29,817)

     29,817       29,817  

TOTAL INVESTMENTS IN SECURITIES – 100.7%

(Cost: $2,256,545)

 

 

    1,970,732  

Other Assets less Liabilities – (0.7)%

       (14,051
    

 

 

 
NET ASSETS – 100.0%

 

  $ 1,956,681  
* 

Non-income producing security.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $27,889 and the total market value of the collateral held by the Fund was $29,817.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933.

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

See Notes to Financial Statements.

 

40   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Multifactor Fund (EMMF)

September 30, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    10/3/2022       21,717       TWD       684       USD     $ 0 ^    $  

Bank of America NA

    10/4/2022       2,897,990       KRW       2,024       USD       2        

Citibank NA

    10/5/2022       4,296       CZK       168       USD       3        

Citibank NA

    10/5/2022       1,937       PLN       393       USD             (1

Citibank NA

    10/5/2022       16,738       TRY       894       USD       6        

Citibank NA

    10/5/2022       256,304       USD       8,018,356       TWD       3,737        

Citibank NA

    10/5/2022       17,897       ZAR       990       USD       6        

Citibank NA

    10/6/2022       186,542       USD       260,384,246       KRW       4,541        

Citibank NA

    10/19/2022       46,944       USD       45,078,727       CLP             (20

Deutsche Bank AG

    10/4/2022       598       USD       10,800       ZAR             (3

Goldman Sachs

    10/5/2022       30,220       HKD       3,850       USD       0 ^       

Goldman Sachs

    10/5/2022       86,310       USD       393,314       MYR       1,487        

HSBC Holdings PLC

    10/4/2022       5,313,791       PHP       90,679       USD             (39

HSBC Holdings PLC

    10/4/2022       94,015       USD       5,399,290       PHP       1,916        

HSBC Holdings PLC

    10/5/2022       267,973       CZK       10,719       USD             (36

HSBC Holdings PLC

    10/5/2022       36,883       THB       975       USD       3        

HSBC Holdings PLC

    10/5/2022       7,892,314       TWD       248,405       USD       192        

HSBC Holdings PLC

    10/5/2022       25,403       USD       120,124       PLN       1,085        

HSBC Holdings PLC

    10/5/2022       63,191       USD       2,336,715       THB       1,239        

HSBC Holdings PLC

    10/5/2022       57,850       USD       1,070,424       TRY       290        

HSBC Holdings PLC

    10/5/2022       1,129,061       ZAR       63,051       USD             (235

HSBC Holdings PLC

    10/6/2022       256,299,803       KRW       179,105       USD       40        

HSBC Holdings PLC

    10/12/2022       3,970,190       CNY       562,828       USD             (2,953

HSBC Holdings PLC

    10/12/2022       577,468       USD       4,033,613       CNY       8,648        

HSBC Holdings PLC

    10/18/2022       86,295       USD       5,064,679       PHP             (68

HSBC Holdings PLC

    10/19/2022       542,979       USD       3,831,257       CNY       2,551        

HSBC Holdings PLC

    10/19/2022       9,846       USD       246,511       CZK       33        

HSBC Holdings PLC

    10/19/2022       7,680       USD       3,304,414       HUF       62        

HSBC Holdings PLC

    10/19/2022       171,430       USD       245,830,160       KRW             (434

HSBC Holdings PLC

    10/19/2022       238,356       USD       7,570,669       TWD             (277

HSBC Holdings PLC

    10/19/2022       60,255       USD       1,080,331       ZAR       226        

Merrill Lynch International

    10/3/2022       12,698,848       IDR       834       USD             (0 )^ 

Merrill Lynch International

    10/4/2022       7,958       BRL       1,472       USD             (1

Merrill Lynch International

    10/4/2022       23,346       THB       619       USD             (0 )^ 

Morgan Stanley & Co. International

    10/4/2022       85,499       PHP       1,448       USD       11        

Morgan Stanley & Co. International

    10/5/2022       6,134       MYR       1,332       USD             (9

Morgan Stanley & Co. International

    10/5/2022       387,180       MYR       83,867       USD             (368

Morgan Stanley & Co. International

    10/5/2022       123,838       PLN       25,010       USD       60        

Morgan Stanley & Co. International

    10/5/2022       126,042       TWD       3,950       USD       20        

Morgan Stanley & Co. International

    10/5/2022       10,887       USD       267,577       CZK       220        

Morgan Stanley & Co. International

    10/5/2022       64,041       USD       1,132,541       ZAR       1,032        

Morgan Stanley & Co. International

    10/6/2022       4,084,443       KRW       2,854       USD       1        

Morgan Stanley & Co. International

    10/12/2022       63,423       CNY       8,982       USD             (38

Morgan Stanley & Co. International

    10/19/2022       99,589       USD       1,517,699,215       IDR             (34

Morgan Stanley & Co. International

    10/19/2022       259,515       USD       21,218,452       INR             (907

Morgan Stanley & Co. International

    10/19/2022       81,903       USD       381,047       MYR             (298

Morgan Stanley & Co. International

    10/19/2022       20,873       USD       103,560       PLN             (46

UBS AG

    10/5/2022       2,299,832       THB       60,764       USD       210        

UBS AG

    10/5/2022       1,057,925       TRY       56,956       USD             (69

UBS AG

    10/19/2022       61,904       USD       2,341,732       THB             (221

UBS AG

    10/19/2022       49,818       USD       943,651       TRY       121        
                                            $ 27,742     $ (6,057
^

Amount represents less than $1.

 

See Notes to Financial Statements.

 

WisdomTree Trust      41  


Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets Multifactor Fund (EMMF)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

           

Russia

   $      $      $ 0 *     $ 0  

Taiwan

     223,687        8,797               232,484  

Other

     1,675,944                      1,675,944  

Corporate Bonds

            110               110  

Preferred Stocks

     32,377                      32,377  

Investment of Cash Collateral for Securities Loaned

            29,817               29,817  

Total Investments in Securities

   $ 1,932,008      $ 38,724      $ 0      $ 1,970,732  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 27,742      $      $ 27,742  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (6,057    $      $ (6,057

Total – Net

   $ 1,932,008      $ 60,409      $ 0      $ 1,992,417  
* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

42   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 97.4%

 

Brazil – 5.0%

 

Ambev SA

     85,886      $ 246,756  

Atacadao SA

     52,883        188,992  

Cia Siderurgica Nacional SA

     38,928        91,547  

CPFL Energia SA

     29,800        186,000  

Equatorial Energia SA

     57,201        284,480  

JBS SA

     37,276        173,119  

Localiza Rent a Car SA

     21,116        238,494  

Magazine Luiza SA*

     74,179        61,440  

Petroleo Brasileiro SA

     68,427        418,493  

Telefonica Brasil SA

     18,217        136,370  

TOTVS SA

     29,120        158,014  

Vale SA

     53,708        715,332  

Vibra Energia SA

     40,757        129,983  

WEG SA

     36,858        219,014  
     

 

 

 
Total Brazil

 

     3,248,034  
Chile – 0.4%

 

Banco Santander Chile

     3,638,728        128,466  

Empresas CMPC SA

     101,692        156,380  
     

 

 

 
Total Chile               284,846  
China – 28.0%

 

37 Interactive Entertainment Network Technology Group Co. Ltd., Class A

     72,000        175,931  

A-Living Smart City Services Co. Ltd.(a)

     70,500        55,862  

Airtac International Group

     7,000        161,391  

ANTA Sports Products Ltd.

     47,400        502,386  

AviChina Industry & Technology Co. Ltd., Class H(b)

     392,000        151,808  

Beijing New Building Materials PLC, Class A

     19,300        65,108  

BGI Genomics Co. Ltd., Class A

     6,500        48,624  

BOE Technology Group Co. Ltd., Class A

     193,900        88,938  

Bosideng International Holdings Ltd.

     562,000        278,498  

By-health Co. Ltd., Class A

     23,500        58,015  

BYD Co. Ltd., Class H

     14,500        359,087  

BYD Electronic International Co. Ltd.(b)

     56,000        135,258  

C&S Paper Co. Ltd., Class A

     29,600        42,267  

China Feihe Ltd.(a)

     182,000        127,518  

China Galaxy Securities Co. Ltd., Class H

     383,000        177,109  

China Hongqiao Group Ltd.

     269,000        222,742  

China Lesso Group Holdings Ltd.

     171,000        159,239  

China Medical System Holdings Ltd.

     284,000        338,995  

China Meidong Auto Holdings Ltd.

     58,000        91,767  

China Mengniu Dairy Co. Ltd.*

     118,000        468,248  

China National Building Material Co. Ltd., Class H

     492,000        376,683  

China Northern Rare Earth Group High-Tech Co. Ltd., Class A

     18,200        67,805  

China Oilfield Services Ltd., Class H(b)

     430,000        426,719  

China Overseas Property Holdings Ltd.

     380,000        330,628  

China Resources Beer Holdings Co. Ltd.

     54,000        375,941  

China Resources Gas Group Ltd.

     78,500        249,503  

China Shenhua Energy Co. Ltd., Class H

     172,500        515,309  

China Yuhua Education Corp. Ltd.*(a)

     264,000        27,241  

Chinasoft International Ltd.*

     192,000        118,137  

Chongqing Zhifei Biological Products Co. Ltd., Class A

     26,000      315,210  

CIFI Ever Sunshine Services Group Ltd.(b)

     108,000        40,174  

CIFI Holdings Group Co. Ltd.(b)

     643,280        65,558  

Contemporary Amperex Technology Co. Ltd., Class A

     5,500        309,279  

CSPC Pharmaceutical Group Ltd.

     324,000        321,115  

Daan Gene Co. Ltd., Class A

     26,760        62,235  

ENN Energy Holdings Ltd.

     42,200        564,466  

FAW Jiefang Group Co. Ltd., Class A

     48,800        49,148  

Focus Media Information Technology Co. Ltd., Class A

     89,100        68,989  

G-bits Network Technology Xiamen Co. Ltd., Class A

     1,200        41,830  

GigaDevice Semiconductor, Inc., Class A

     5,600        73,641  

Great Wall Motor Co. Ltd., Class H

     129,000        148,229  

Greentown Service Group Co. Ltd.

     226,000        151,148  

Guangdong Kinlong Hardware Products Co. Ltd., Class A

     4,400        54,639  

Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A

     6,700        59,565  

Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A

     6,800        56,944  

Guangzhou Tinci Materials Technology Co. Ltd., Class A

     11,400        70,455  

Guangzhou Wondfo Biotech Co. Ltd., Class A

     12,900        53,072  

Hangzhou Silan Microelectronics Co. Ltd., Class A

     15,600        70,132  

Hengli Petrochemical Co. Ltd., Class A

     31,500        74,761  

Huafon Chemical Co. Ltd., Class A

     62,900        57,614  

Inspur Electronic Information Industry Co. Ltd., Class A

     19,800        54,852  

Intco Medical Technology Co. Ltd., Class A

     12,100        33,826  

Jafron Biomedical Co. Ltd., Class A

     9,900        67,322  

JCET Group Co. Ltd., Class A

     24,700        74,247  

Jiangsu Hengli Hydraulic Co. Ltd., Class A

     9,800        62,244  

JiuGui Liquor Co. Ltd., Class A

     3,200        56,399  

Kingboard Holdings Ltd.

     63,000        178,168  

Kingfa Sci & Tech Co. Ltd., Class A

     40,900        53,813  

Lenovo Group Ltd.

     494,000        343,602  

Li Ning Co. Ltd.

     47,500        363,667  

Longfor Group Holdings Ltd.(a)

     118,500        340,409  

Luzhou Laojiao Co. Ltd., Class A

     4,600        148,831  

Maccura Biotechnology Co. Ltd., Class A

     21,800        51,219  

Mango Excellent Media Co. Ltd., Class A

     17,900        62,595  

Muyuan Foods Co. Ltd., Class A

     18,100        138,419  

NanJi E-Commerce Co. Ltd., Class A

     81,600        50,935  

New China Life Insurance Co. Ltd., Class H

     101,700        194,075  

Ovctek China, Inc., Class A

     8,500        49,241  

PetroChina Co. Ltd., Class H

     594,000        243,657  

Proya Cosmetics Co. Ltd., Class A

     4,400        100,558  

Shaanxi Coal Industry Co. Ltd., Class A

     49,800        159,058  

Shandong Weigao Group Medical Polymer Co. Ltd., Class H

     146,800        197,481  

Shanghai Bairun Investment Holding Group Co. Ltd., Class A

     11,400        43,079  

Shanghai Baosight Software Co. Ltd., Class A

     15,089        77,867  

Shanghai M&G Stationery, Inc., Class A

     8,900        56,290  

 

See Notes to Financial Statements.

 

WisdomTree Trust      43  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

September 30, 2022

 

 

 

Investments    Shares      Value  

Shanghai Zhangjiang High-Tech Park Development Co. Ltd., Class A

     34,700      $ 50,572  

Shenzhen Inovance Technology Co. Ltd., Class A

     16,200        130,683  

Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A

     34,600        105,365  

Silergy Corp.

     11,000        145,863  

Sino Biopharmaceutical Ltd.

     608,000        285,802  

Sinoma Science & Technology Co. Ltd., Class A

     20,300        56,721  

StarPower Semiconductor Ltd., Class A

     2,200        99,984  

Sungrow Power Supply Co. Ltd., Class A

     7,300        113,271  

Sunny Optical Technology Group Co. Ltd.

     28,400        271,884  

Tencent Holdings Ltd.

     81,500        2,765,844  

Tsingtao Brewery Co. Ltd., Class H

     30,000        284,526  

Unigroup Guoxin Microelectronics Co. Ltd., Class A

     5,239        105,821  

Wanhua Chemical Group Co. Ltd., Class A

     10,700        138,231  

Will Semiconductor Co. Ltd., Class A

     5,710        64,179  

Xinyi Solar Holdings Ltd.

     155,547        164,664  

Yadea Group Holdings Ltd.(a)

     200,000        321,023  

Yihai International Holding Ltd.*

     53,000        112,078  

Zhaojin Mining Industry Co. Ltd., Class H*

     284,500        194,260  

Zhongsheng Group Holdings Ltd.

     120,200        480,040  

Zijin Mining Group Co. Ltd., Class H

     268,000        261,175  
     

 

 

 
Total China

 

     18,258,801  
Hong Kong – 0.2%

 

Vinda International Holdings Ltd.(b)

     52,000        122,417  
Hungary – 0.2%

 

Richter Gedeon Nyrt

     8,146        139,582  
India – 23.9%

 

Adani Ports & Special Economic Zone Ltd.

     40,188        405,406  

Asian Paints Ltd.

     8,320        341,841  

Aurobindo Pharma Ltd.

     17,459        109,581  

Bajaj Finance Ltd.

     6,347        572,333  

Balkrishna Industries Ltd.

     6,002        138,974  

Berger Paints India Ltd.

     21,139        160,327  

Bharat Electronics Ltd.

     200,905        249,306  

Bharat Petroleum Corp. Ltd.

     41,209        154,398  

Cipla Ltd.

     45,712        626,500  

Dabur India Ltd.

     24,764        174,411  

Divi’s Laboratories Ltd.

     4,213        191,884  

GAIL India Ltd.

     233,941        250,329  

Grasim Industries Ltd.

     17,050        351,023  

Havells India Ltd.

     17,913        296,942  

HCL Technologies Ltd.

     21,095        241,766  

Hero MotoCorp Ltd.

     4,737        148,437  

Hindalco Industries Ltd.

     36,458        175,027  

Hindustan Petroleum Corp. Ltd.

     50,399        134,003  

Hindustan Unilever Ltd.

     15,526        514,621  

ICICI Bank Ltd.

     52,179        552,890  

ICICI Lombard General Insurance Co. Ltd.(a)

     8,944        126,561  

Indian Oil Corp. Ltd.

     204,518        168,313  

Indraprastha Gas Ltd.

     31,173        152,050  

Info Edge India Ltd.

     3,398        161,255  

Infosys Ltd.

     53,255        925,287  

Ipca Laboratories Ltd.

     14,088        158,455  

ITC Ltd.

     94,270      384,954  

JSW Steel Ltd.

     80,439        624,567  

Jubilant Foodworks Ltd.

     29,915        228,983  

Larsen & Toubro Infotech Ltd.(a)

     2,413        132,227  

Larsen & Toubro Ltd.

     14,564        330,787  

Lupin Ltd.

     13,495        112,777  

Marico Ltd.

     52,025        343,961  

MRF Ltd.

     170        170,634  

Nestle India Ltd.

     1,708        401,952  

NTPC Ltd.

     120,882        237,228  

Oil & Natural Gas Corp. Ltd.

     89,645        139,727  

Page Industries Ltd.

     394        245,386  

Petronet LNG Ltd.

     94,088        231,197  

PI Industries Ltd.

     3,995        147,243  

Pidilite Industries Ltd.

     11,002        363,838  

Piramal Enterprises Ltd.

     8,887        94,413  

Piramal Pharma Ltd.*

     34,500        92,928  

Power Grid Corp. of India Ltd.

     144,677        377,382  

Samvardhana Motherson International Ltd.

     53,437        71,599  

Shree Cement Ltd.

     929        240,190  

Shriram Transport Finance Co. Ltd.

     16,817        247,559  

Sun Pharmaceutical Industries Ltd.

     32,319        376,877  

Tata Consultancy Services Ltd.

     18,221        672,957  

Tata Consumer Products Ltd.

     17,854        176,200  

Tata Steel Ltd.

     173,163        211,368  

Tech Mahindra Ltd.

     33,235        412,051  

Torrent Pharmaceuticals Ltd.

     11,204        214,828  

UltraTech Cement Ltd.

     3,489        268,269  

UPL Ltd.

     22,534        186,155  

Vedanta Ltd.

     49,463        164,195  

Wipro Ltd.

     39,674        192,271  
     

 

 

 
Total India

 

     15,576,623  
Indonesia – 1.6%

 

Aneka Tambang Tbk

     1,354,400        172,552  

Charoen Pokphand Indonesia Tbk PT

     767,900        284,921  

Kalbe Farma Tbk PT

     2,489,831        299,221  

Sarana Menara Nusantara Tbk PT

     1,916,600        155,443  

Semen Indonesia Persero Tbk PT

     298,400        146,481  
     

 

 

 
Total Indonesia

 

     1,058,618  
Malaysia – 0.9%

 

Hartalega Holdings Bhd

     171,400        61,360  

Kossan Rubber Industries Bhd

     60,900        14,184  

Sime Darby Plantation Bhd

     183,900        162,206  

Supermax Corp. Bhd

     423,550        61,655  

Telekom Malaysia Bhd

     140,100        165,268  

Westports Holdings Bhd

     169,000        111,525  
     

 

 

 
Total Malaysia

 

     576,198  
Mexico – 3.9%

 

America Movil SAB de CV, Series L

     449,646        371,882  

Arca Continental SAB de CV

     34,036        245,476  

Coca-Cola Femsa SAB de CV

     28,134        164,641  

Gruma SAB de CV, Class B

     22,828        218,999  

 

See Notes to Financial Statements.

 

44   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

September 30, 2022

 

 

 

Investments    Shares      Value  

Grupo Bimbo SAB de CV, Series A

     165,689      $ 584,804  

Grupo Mexico SAB de CV, Series B

     74,070        250,934  

Kimberly-Clark de Mexico SAB de CV, Class A

     98,767        132,180  

Megacable Holdings SAB de CV, Series CPO

     66,902        135,018  

Orbia Advance Corp. SAB de CV

     74,860        125,763  

Sitios Latinoamerica SAB de CV*

     22,482        10,052  

Wal-Mart de Mexico SAB de CV

     78,957        278,131  
     

 

 

 
Total Mexico

 

     2,517,880  
Philippines – 0.6%

 

International Container Terminal Services, Inc.

     136,440        364,461  
Poland – 0.7%

 

CD Projekt SA

     5,819        118,053  

Cyfrowy Polsat SA

     21,064        68,451  

Polski Koncern Naftowy Orlen SA

     14,731        159,688  

Polskie Gornictwo Naftowe i Gazownictwo SA*

     100,857        99,611  
     

 

 

 
Total Poland

 

     445,803  
Russia – 0.0%

 

MMC Norilsk Nickel PJSC

     996        0  

Mobile TeleSystems PJSC, ADR

     24,869        0  

Novolipetsk Steel PJSC(c)

     71,650        0  

PhosAgro PJSC

     3,035        0  

Polymetal International PLC

     14,002        30,479  

Polyus PJSC

     1,334        0  

Severstal PAO, GDR(c)

     8,497        0  

Surgutneftegas PJSC, ADR*

     342,309        0  

TCS Group Holding PLC, GDR*(c)

     2,248        0  
     

 

 

 
Total Russia

 

     30,479  
South Africa – 4.0%

 

African Rainbow Minerals Ltd.(b)

     14,726        200,351  

Anglo American Platinum Ltd.

     2,870        205,720  

AngloGold Ashanti Ltd.

     13,816        191,929  

Capitec Bank Holdings Ltd.

     2,020        174,548  

Clicks Group Ltd.

     11,507        182,768  

Exxaro Resources Ltd.(b)

     27,109        305,337  

Gold Fields Ltd.

     20,198        165,709  

Harmony Gold Mining Co. Ltd.

     39,642        94,228  

Impala Platinum Holdings Ltd.

     16,240        153,314  

Kumba Iron Ore Ltd.

     8,696        187,652  

Mr. Price Group Ltd.

     13,006        125,041  

Shoprite Holdings Ltd.(b)

     15,172        183,178  

SPAR Group Ltd.

     19,582        156,198  

Tiger Brands Ltd.(b)

     12,006        113,189  

Vodacom Group Ltd.

     21,750        147,739  
     

 

 

 
Total South Africa

 

     2,586,901  
South Korea – 8.8%

 

BGF Retail Co. Ltd.

     1,337        154,661  

Cheil Worldwide, Inc.

     12,599        199,900  

Fila Holdings Corp.

     6,232        136,340  

Green Cross Corp.

     701        60,511  

GS Engineering & Construction Corp.

     12,360        194,812  

Hankook Tire & Technology Co. Ltd.

     4,326        106,585  

Korea Investment Holdings Co. Ltd.

     3,183      105,677  

Korea Zinc Co. Ltd.

     388        161,362  

KT&G Corp.

     2,460        148,903  

Kumho Petrochemical Co. Ltd.

     3,512        283,523  

LG Chem Ltd.

     637        238,647  

LG Corp.

     2,282        118,032  

LG Electronics, Inc.

     5,234        287,546  

LG H&H Co. Ltd.

     288        127,423  

LG Innotek Co. Ltd.

     1,179        225,384  

LG Uplus Corp.

     12,746        95,771  

Meritz Securities Co. Ltd.

     44,502        114,311  

NH Investment & Securities Co. Ltd.

     13,283        83,465  

Orion Corp.

     1,289        92,799  

POSCO Holdings, Inc.

     1,122        165,473  

S-1 Corp.

     2,301        93,121  

S-Oil Corp.

     1,804        102,135  

Samsung Electro-Mechanics Co. Ltd.

     1,690        132,299  

Samsung Electronics Co. Ltd.

     55,718        2,067,957  

Samsung Securities Co. Ltd.

     7,896        169,708  

Seegene, Inc.

     4,304        80,623  
     

 

 

 
Total South Korea

 

     5,746,968  
Taiwan – 15.6%

 

Accton Technology Corp.

     27,000        231,740  

Acer, Inc.

     225,000        155,202  

Advantech Co. Ltd.

     26,895        248,628  

Asia Cement Corp.

     182,000        225,859  

ASMedia Technology, Inc.

     3,000        62,742  

Asustek Computer, Inc.

     20,000        147,406  

Chailease Holding Co. Ltd.

     74,220        426,632  

Delta Electronics, Inc.

     31,000        247,031  

Eclat Textile Co. Ltd.

     15,000        185,203  

Evergreen Marine Corp. Taiwan Ltd.

     30,600        140,716  

Feng TAY Enterprise Co. Ltd.

     44,377        220,844  

Fubon Financial Holding Co. Ltd.

     120,800        189,862  

Giant Manufacturing Co. Ltd.

     20,000        129,453  

Innolux Corp.

     383,000        126,062  

Lite-On Technology Corp.

     104,000        208,989  

MediaTek, Inc.

     19,000        329,743  

Micro-Star International Co. Ltd.

     69,000        233,629  

momo.com, Inc.

     3,800        63,914  

Nan Ya Printed Circuit Board Corp.(b)

     16,000        95,247  

Nien Made Enterprise Co. Ltd.

     29,000        229,724  

Novatek Microelectronics Corp.

     42,000        289,710  

Phison Electronics Corp.

     13,000        108,712  

Powertech Technology, Inc.

     74,000        179,703  

Quanta Computer, Inc.

     78,000        189,171  

Realtek Semiconductor Corp.

     34,000        289,143  

Synnex Technology International Corp.

     204,000        339,261  

Taiwan Cement Corp.(b)

     194,087        206,625  

Taiwan Semiconductor Manufacturing Co. Ltd.

     261,291        3,473,017  

Unimicron Technology Corp.

     43,000        159,139  

United Microelectronics Corp.*

     222,000        249,976  

 

See Notes to Financial Statements.

 

WisdomTree Trust      45  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

September 30, 2022

 

 

 

Investments    Shares     Value  

Vanguard International Semiconductor Corp.

     32,000     $ 65,514  

Walsin Technology Corp.

     59,000       138,445  

Wan Hai Lines Ltd.

     40,550       85,317  

Wistron Corp.

     166,000       138,817  

Wiwynn Corp.(b)

     6,000       152,698  

Yuanta Financial Holding Co. Ltd.

     335,480       206,578  
    

 

 

 
Total Taiwan

 

    10,170,452  
Thailand – 1.4%

 

Carabao Group PCL, NVDR

     45,400       102,607  

Charoen Pokphand Foods PCL, NVDR

     213,600       141,570  

Delta Electronics Thailand PCL, NVDR

     14,000       242,736  

Gulf Energy Development PCL, NVDR

     118,800       165,350  

Srisawad Corp. PCL, NVDR

     93,100       106,132  

Thai Union Group PCL, NVDR

     249,400       123,642  
    

 

 

 
Total Thailand

 

    882,037  
Turkey – 2.2%

 

Aselsan Elektronik Sanayi ve Ticaret AS

     137,751       217,715  

BIM Birlesik Magazalar AS

     32,013       199,795  

Eregli Demir ve Celik Fabrikalari TAS

     98,745       154,361  

Ford Otomotiv Sanayi AS

     20,921       369,025  

KOC Holding AS

     65,823       161,198  

Turkcell Iletisim Hizmetleri AS

     71,944       76,917  

Turkiye Sise ve Cam Fabrikalari AS

     196,394       269,296  
    

 

 

 
Total Turkey

 

    1,448,307  

TOTAL COMMON STOCKS

(Cost: $73,148,691)

 

 

    63,458,407  
      
Principal
Amount

 
       
CORPORATE BONDS – 0.0%

 

India – 0.0%

 

Britannia Industries Ltd.
5.50%, 6/3/24*

    
(Cost: $2,259)      164,430   INR      1,970  
       Shares          
PREFERRED STOCKS – 2.8%

 

Brazil – 2.1%

 

Bradespar SA

     20,336       89,332  

Cia Energetica de Minas Gerais

     98,003       194,961  

Cia Paranaense de Energia

     117,526      142,973  

Gerdau SA

     50,908        230,029  

Itausa SA

     151,772        273,023  

Petroleo Brasileiro SA

     79,760        439,437  
     

 

 

 
Total Brazil

 

     1,369,755  
South Korea – 0.7%

 

LG Chem Ltd.

     632        111,319  

Samsung Electronics Co. Ltd.

     10,285        337,154  
     

 

 

 
Total South Korea

 

     448,473  

TOTAL PREFERRED STOCKS

(Cost: $2,253,902)

 

 

     1,818,228  
RIGHTS – 0.0%

 

Brazil – 0.0%

 

Localiza Rent a Car SA, expiring 10/31/22*
(Cost: $0)
     64        130  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.5%

 

United States – 1.5%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(d)

     
(Cost: $970,995)      970,995        970,995  

TOTAL INVESTMENTS IN SECURITIES – 101.7%

(Cost: $76,375,847)

 

 

     66,249,730  

Other Assets less Liabilities – (1.7)%

 

     (1,075,857
     

 

 

 
NET ASSETS – 100.0%

 

   $ 65,173,873  
* 

Non-income producing security.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $92,928, which represents 0.14% of net assets.

 

(a) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $1,539,808 and the total market value of the collateral held by the Fund was $1,641,620. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $670,625.

 

(c) 

This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933.

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

State Street Bank and Trust

    10/3/2022       1,896       USD       10,200       BRL     $ 11     $  

 

See Notes to Financial Statements.

 

46   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

     Quoted
Prices in
Active
Markets
(Level 1)
    Other
Significant
Observable
Inputs
(Level 2)
    Significant
Unobservable
Inputs
(Level 3)
    Total  

Assets:

       

Investments in Securities

       

Common Stocks

       

India

  $ 15,483,695     $     $ 92,928 *    $ 15,576,623  

Russia

    30,479             0 *      30,479  

Taiwan

    10,044,390       126,062             10,170,452  

Other

    37,680,853                   37,680,853  

Corporate Bonds

          1,970             1,970  

Preferred Stocks

    1,818,228                   1,818,228  

Rights

    130                   130  

Investment of Cash Collateral for Securities Loaned

          970,995             970,995  

Total Investments in Securities

  $ 65,057,775     $ 1,099,027     $ 92,928     $ 66,249,730  

Financial Derivative Instruments

       

Foreign Currency Contracts1

  $     $ 11     $     $ 11  

Total – Net

  $ 65,057,775     $ 1,099,038     $ 92,928     $ 66,249,741  
* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      47  


Schedule of Investments (unaudited)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.1%      
Brazil – 7.8%      

Aliansce Sonae Shopping Centers SA

     344,775      $ 1,268,481  

Alupar Investimento SA

     1,007,921        5,068,628  

Arezzo Industria e Comercio SA

     111,858        2,035,173  

BR Properties SA

     1,071,685        1,646,506  

BrasilAgro – Co. Brasileira de Propriedades Agricolas

     493,231        2,753,927  

Camil Alimentos SA

     1,221,174        2,142,589  

Cia Brasileira de Distribuicao

     1,819,331        6,522,057  

Cia de Saneamento de Minas Gerais-COPASA

     1,585,114        3,868,383  

Cia de Saneamento do Parana

     3,989,800        6,071,425  

Cury Construtora e Incorporadora SA

     1,068,995        2,349,917  

Cyrela Brazil Realty SA Empreendimentos e Participacoes

     4,932,823        16,735,036  

Dexco SA

     787,042        1,360,519  

EDP – Energias do Brasil SA

     2,998,625        12,102,385  

Ez Tec Empreendimentos e Participacoes SA

     133,166        522,929  

Fleury SA

     1,168,600        3,819,823  

Fras-Le SA

     391,209        906,265  

Grendene SA

     2,808,066        3,670,471  

Guararapes Confeccoes SA

     395,115        638,455  

Iguatemi SA

     189,534        713,444  

Irani Papel e Embalagem SA

     757,179        1,108,712  

JHSF Participacoes SA

     2,247,937        3,075,466  

Kepler Weber SA

     405,820        1,606,368  

Light SA

     1,482,870        1,480,444  

M. Dias Branco SA

     179,857        1,456,786  

Mahle-Metal Leve SA

     196,769        846,177  

Minerva SA

     3,187,029        7,388,880  

Movida Participacoes SA

     499,017        1,141,248  

MPM Corporeos SA*

     368,790        130,229  

Multiplan Empreendimentos Imobiliarios SA

     971,841        4,342,771  

Odontoprev SA

     2,589,810        4,213,526  

Portobello SA

     732,563        1,393,655  

Positivo Tecnologia SA

     436,668        1,005,115  

Romi SA

     497,315        1,622,824  

Sao Martinho SA

     953,533        4,498,953  

SIMPAR SA

     288,913        515,988  

SLC Agricola SA

     518,168        4,147,183  

Sul America SA

     2,001,999        8,165,155  

SYN prop e tech SA

     883,375        798,636  

Transmissora Alianca de Energia Eletrica SA

     5,346,662        38,502,174  

Unipar Carbocloro SA

     105,270        1,669,497  

Wiz Solucoes e Corretagem de Seguros SA

     635,626        935,427  

YDUQS Participacoes SA

     646,926        1,728,294  
     

 

 

 
Total Brazil

 

     165,969,921  
Chile – 0.8%      

CAP SA

     1,369,231        8,947,774  

Empresa Nacional de Telecomunicaciones SA

     758,367        2,171,309  

SMU SA

     14,116,933        1,377,305  

SONDA SA

     2,536,248        921,637  

Vina Concha y Toro SA

     2,973,588      $ 3,405,269  
     

 

 

 
Total Chile

 

     16,823,294  
China – 13.7%      

Anhui Guangxin Agrochemical Co. Ltd., Class A

     294,520        1,064,612  

Aoyuan Healthy Life Group Co. Ltd.*(a)

     2,448,000        459,662  

Asiainfo Technologies Ltd.(a)(b)

     1,674,400        2,261,002  

Ausnutria Dairy Corp. Ltd.*(a)

     2,384,000        1,479,010  

BAIC Motor Corp. Ltd., Class H(b)

     7,992,000        1,751,136  

Bank of Chongqing Co. Ltd., Class A

     1,342,100        1,272,606  

Bank of Chongqing Co. Ltd., Class H(a)

     5,594,500        2,679,693  

Beijing Jingneng Clean Energy Co. Ltd., Class H

     9,130,000        1,744,608  

Beijing Tong Ren Tang Chinese Medicine Co. Ltd.(a)

     947,000        1,064,031  

Biem.L.Fdlkk Garment Co. Ltd., Class A

     190,600        588,444  

Binjiang Service Group Co. Ltd.

     693,000        1,712,659  

Bluefocus Intelligent Communications Group Co. Ltd., Class A

     1,886,000        1,185,174  

Bright Dairy & Food Co. Ltd., Class A

     454,300        667,193  

C&D International Investment Group Ltd.(a)

     5,300,304        13,672,933  

Cabbeen Fashion Ltd.

     1,464,000        262,964  

Central China New Life Ltd.(a)

     3,640,000        1,154,613  

Chengdu Wintrue Holding Co. Ltd., Class A

     468,600        794,020  

Chengdu Xingrong Environment Co. Ltd., Class A

     1,881,200        1,311,456  

China Automotive Engineering Research Institute Co. Ltd., Class A

     473,200        1,255,158  

China Bohai Bank Co. Ltd., Class H(a)(b)

     13,728,500        1,871,297  

China Communications Services Corp. Ltd., Class H

     14,770,000        4,967,299  

China Datang Corp. Renewable Power Co. Ltd., Class H

     3,743,000        872,583  

China East Education Holdings Ltd.(a)(b)

     1,391,500        460,885  

China Everbright Greentech Ltd.(a)(b)

     2,674,000        510,962  

China Foods Ltd.

     4,716,000        1,405,806  

China Hanking Holdings Ltd.

     8,823,000        865,452  

China Harmony Auto Holding Ltd.(a)

     2,550,500        490,612  

China Kepei Education Group Ltd.

     1,454,000        324,144  

China Modern Dairy Holdings Ltd.(a)

     9,445,000        1,082,880  

China New Higher Education Group Ltd.(a)(b)

     2,732,000        668,217  

China Nonferrous Mining Corp. Ltd.(a)

     6,824,000        2,607,931  

China Reinsurance Group Corp., Class H

     62,442,000        3,857,931  

China Renaissance Holdings Ltd.*(a)(b)

     711,500        610,901  

China Risun Group Ltd.(a)

     9,842,000        3,849,086  

China South Publishing & Media Group Co. Ltd., Class A

     3,537,100        4,882,078  

China Tianbao Group Development Co. Ltd.*

     329,000        129,925  

China Water Affairs Group Ltd.(a)

     4,462,000        3,535,541  

China World Trade Center Co. Ltd., Class A

     404,600        776,947  

China XLX Fertiliser Ltd.

     965,000        484,350  

CIMC Enric Holdings Ltd.(a)

     1,764,000        1,880,875  

CITIC Telecom International Holdings Ltd.

     24,783,000        8,019,060  

Consun Pharmaceutical Group Ltd.

     4,906,000        2,099,920  

 

See Notes to Financial Statements.

 

48   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2022

 

 

 

Investments    Shares      Value  

CTS International Logistics Corp. Ltd., Class A

     894,300      $ 1,202,996  

DaFa Properties Group Ltd.(a)

     923,000        20,224  

Datang Group Holdings Ltd.*(a)

     2,273,000        457,501  

Dexin China Holdings Co. Ltd.(a)

     7,250,000        1,283,774  

Dynagreen Environmental Protection Group Co. Ltd., Class H(a)

     2,658,000        805,875  

E-Star Commercial Management Co. Ltd.

     1,227,000        211,015  

Edvantage Group Holdings Ltd.

     1,396,000        345,003  

EEKA Fashion Holdings Ltd.(a)

     1,126,000        1,531,953  

Excellence Commercial Property & Facilities Management Group Ltd.(a)

     4,318,000        1,512,694  

Fangda Special Steel Technology Co. Ltd., Class A

     7,836,377        6,628,189  

Fire Rock Holdings Ltd.*(a)

     1,664,000        109,014  

Fu Shou Yuan International Group Ltd.

     3,786,000        2,088,355  

Fufeng Group Ltd.

     8,454,000        4,318,595  

Fulu Holdings Ltd.(a)

     1,208,500        720,491  

Ganglong China Property Group Ltd.*(a)

     3,181,000        968,495  

Gansu Shangfeng Cement Co. Ltd., Class A

     1,233,280        2,141,631  

Genertec Universal Medical Group Co. Ltd.(b)

     6,585,000        3,372,234  

Greenland Hong Kong Holdings Ltd.(a)

     14,152,000        973,526  

Greentown Management Holdings Co. Ltd.(b)

     4,793,000        4,090,893  

Guangdong Baolihua New Energy Stock Co. Ltd., Class A

     5,654,205        3,743,482  

Guangdong Xinbao Electrical Appliances Holdings Co. Ltd., Class A

     646,600        1,607,169  

Guizhou Panjiang Refined Coal Co. Ltd., Class A

     1,347,300        1,602,590  

Hainan Strait Shipping Co. Ltd., Class A

     842,300        582,473  

Hangcha Group Co. Ltd., Class A

     514,980        896,447  

Hangzhou Binjiang Real Estate Group Co. Ltd., Class A

     3,673,600        5,395,116  

Health & Happiness H&H International Holdings Ltd.

     1,295,500        1,217,951  

Hisense Home Appliances Group Co. Ltd., Class H

     2,386,000        2,167,184  

Huapont Life Sciences Co. Ltd., Class A

     2,756,500        2,056,989  

Hubei Jumpcan Pharmaceutical Co. Ltd., Class A

     912,830        2,933,440  

Huijing Holdings Co. Ltd.(a)

     4,128,000        41,018  

JH Educational Technology, Inc.*(a)

     6,468,000        1,227,700  

Jiangsu Provincial Agricultural Reclamation and Development Corp.

     661,880        1,067,676  

Jiangsu Shagang Co. Ltd., Class A

     1,493,700        794,081  

Jiangsu Zhongnan Construction Group Co. Ltd., Class A*

     12,746,600        4,148,056  

Jiayuan Services Holdings Ltd.

     1,699,000        99,560  

Jingrui Holdings Ltd.*

     9,514,000        593,790  

Jinlei Technology Co. Ltd., Class A*

     107,000        580,090  

Jinneng Science & Technology Co. Ltd., Class A

     460,600        600,854  

JNBY Design Ltd.

     3,162,500        3,090,023  

Kaisa Prosperity Holdings Ltd.*

     355,750        113,751  

Kehua Data Co. Ltd., Class A

     186,700        1,105,144  

KingClean Electric Co. Ltd., Class A

     412,782        1,912,456  

KWG Living Group Holdings Ltd.

     2,004,000      268,054  

Lao Feng Xiang Co. Ltd., Class A

     189,800        1,050,015  

Legend Holdings Corp., Class H(b)

     2,571,700        2,234,295  

Liuzhou Iron & Steel Co. Ltd., Class A

     2,013,900        954,810  

Lonking Holdings Ltd.

     33,744,000        4,943,451  

Maccura Biotechnology Co. Ltd., Class A

     427,300        1,003,945  

NanJi E-Commerce Co. Ltd., Class A

     2,946,200        1,839,012  

Nantong Jianghai Capacitor Co. Ltd., Class A

     189,543        642,343  

NetDragon Websoft Holdings Ltd.

     1,183,000        2,155,047  

Newland Digital Technology Co. Ltd., Class A

     1,114,300        1,892,817  

Opple Lighting Co. Ltd., Class A

     222,000        471,145  

People.cn Co. Ltd., Class A

     633,400        916,896  

Poly Property Group Co. Ltd.

     19,041,000        3,395,890  

Poly Property Services Co. Ltd., Class H(a)

     190,200        1,009,163  

Powerlong Commercial Management Holdings Ltd.

     561,500        236,048  

Prinx Chengshan Holdings Ltd.

     1,418,000        1,174,155  

Pujiang International Group Ltd.*

     1,353,000        465,369  

Qinhuangdao Port Co. Ltd., Class A

     1,987,800        741,680  

Radiance Holdings Group Co. Ltd.(a)

     6,718,000        2,909,744  

Redco Properties Group Ltd.*(a)(b)

     3,240,000        726,430  

S-Enjoy Service Group Co. Ltd.*(a)

     489,000        356,943  

Sanquan Food Co. Ltd., Class A

     644,868        1,469,895  

Shandong Bohui Paper Industrial Co. Ltd., Class A

     494,500        479,299  

Shandong Chenming Paper Holdings Ltd., Class A*

     1,180,300        774,819  

Shandong Chenming Paper Holdings Ltd., Class H*(a)

     3,380,000        934,356  

Shanghai Chinafortune Co. Ltd., Class A

     384,600        572,923  

Shanghai Environment Group Co. Ltd., Class A

     361,800        451,670  

Shanghai Flyco Electrical Appliance Co. Ltd., Class A

     100,500        1,106,478  

Shanghai Industrial Holdings Ltd.

     4,512,000        4,885,667  

Shanghai Liangxin Electrical Co. Ltd., Class A

     788,200        1,297,976  

Shanying International Holding Co. Ltd., Class A

     2,308,300        770,604  

Shenzhen Expressway Corp. Ltd., Class A

     906,992        1,012,695  

Shenzhen Expressway Corp. Ltd., Class H

     9,498,000        6,945,123  

Shenzhen Huaqiang Industry Co. Ltd., Class A

     407,700        682,250  

Shenzhen Jinjia Group Co. Ltd., Class A

     1,904,485        2,265,352  

Shenzhen Megmeet Electrical Co. Ltd., Class A

     120,300        487,332  

Shinsun Holdings Group Co. Ltd.*(a)

     9,467,000        337,681  

Shougang Fushan Resources Group Ltd.

     31,324,412        9,138,066  

Shui On Land Ltd.(a)

     25,137,500        2,561,816  

Simcere Pharmaceutical Group Ltd.(b)

     1,891,000        1,640,493  

Sinic Holdings Group Co. Ltd., Class H*

     3,669,000        116,849  

Sino-Ocean Group Holding Ltd.

     40,976,500        4,280,402  

Sino-Ocean Service Holding Ltd.(b)

     1,216,500        283,595  

Sinopec Engineering Group Co. Ltd., Class H

     16,392,000        6,577,765  

Sinopec Kantons Holdings Ltd.(a)

     9,310,000        2,573,625  

Sinosoft Co. Ltd., Class A

     425,100        1,324,944  

Sunkwan Properties Group Ltd.*(a)

     1,902,000        15,992  

 

See Notes to Financial Statements.

 

WisdomTree Trust      49  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Suofeiya Home Collection Co. Ltd., Class A

     1,264,400      $ 2,977,813  

Suzhou Gold Mantis Construction Decoration Co. Ltd., Class A*

     2,917,100        1,849,490  

SY Holdings Group Ltd.(a)

     13,000        8,297  

TangShan Port Group Co. Ltd., Class A

     12,176,900        4,406,753  

Tian Lun Gas Holdings Ltd.(a)

     4,516,500        1,984,984  

Tiangong International Co. Ltd.(a)

     3,722,000        1,005,190  

Tianjin Pharmaceutical Da Re Tang Group Corp. Ltd., Class A

     241,000        747,426  

Tianli International Holdings Ltd.*(a)

     13,293,000        2,438,492  

Times Neighborhood Holdings Ltd.(a)

     2,471,000        195,164  

Tong Ren Tang Technologies Co. Ltd., Class H

     2,512,888        1,466,137  

Tongling Jingda Special Magnet Wire Co. Ltd., Class A

     1,153,400        690,828  

Tongyu Heavy Industry Co. Ltd., Class A

     3,143,300        1,093,452  

Valiant Co. Ltd., Class A

     414,000        846,682  

Vesync Co. Ltd.

     426,000        171,488  

Wasu Media Holding Co. Ltd., Class A

     825,700        773,679  

Wuxi Taiji Industry Co. Ltd., Class A

     1,907,200        1,532,897  

Xiabuxiabu Catering Management China Holdings Co. Ltd.(a)(b)

     994,000        655,922  

Xiamen ITG Group Corp. Ltd., Class A

     4,479,000        4,008,335  

Xiamen Xiangyu Co. Ltd., Class A

     2,536,900        2,967,780  

Xinjiang Tianshan Cement Co. Ltd., Class A

     1,153,800        1,438,780  

Xinte Energy Co. Ltd., Class H(a)

     206,800        439,423  

Yangtze Optical Fibre and Cable Joint Stock Ltd. Co., Class H(a)(b)

     506,000        1,149,956  

Yuexiu Transport Infrastructure Ltd.

     10,220,000        4,153,148  

Zhejiang Expressway Co. Ltd., Class H

     12,690,000        8,648,709  

Zhejiang Jiahua Energy Chemical Industry Co. Ltd., Class A

     2,110,200        2,702,444  

Zhejiang JIULI Hi-tech Metals Co. Ltd., Class A

     1,066,500        2,423,473  

Zhejiang Medicine Co. Ltd., Class A

     582,653        1,107,418  

Zhejiang Wanliyang Co. Ltd., Class A*

     1,404,800        1,562,608  

Zhengzhou Coal Mining Machinery Group Co. Ltd., Class H

     1,061,200        1,061,213  

Zhenro Services Group Ltd.*

     1,352,000        68,893  

Zhongshan Broad Ocean Motor Co. Ltd., Class A

     2,614,500        1,940,022  

Zhongshan Public Utilities Group Co. Ltd., Class A

     1,655,702        1,511,908  

Zhou Hei Ya International Holdings Co. Ltd.*(a)(b)

     1,118,500        545,721  
     

 

 

 
Total China

 

     293,944,598  
Hong Kong – 0.6%      

Canvest Environmental Protection Group Co. Ltd.(a)

     2,408,000        1,515,372  

Concord New Energy Group Ltd.

     31,420,000        2,601,689  

Digital China Holdings Ltd.

     4,525,000        1,815,787  

Huisen Household International Group Ltd.*(a)

     4,164,000        148,527  

IMAX China Holding, Inc.(a)(b)

     817,600        582,222  

IVD Medical Holding Ltd.(a)

     2,242,000        671,181  

Modern Dental Group Ltd.

     1,538,000        344,830  

Nissin Foods Co. Ltd.(a)

     1,028,000      802,767  

Perfect Medical Health Management Ltd.

     6,671,000        2,838,398  

VPower Group International Holdings Ltd., Class H*(a)(b)

     4,623,000        435,804  

Wasion Holdings Ltd.

     4,918,000        1,246,745  
     

 

 

 
Total Hong Kong

 

     13,003,322  
Hungary – 0.0%      

Magyar Telekom Telecommunications PLC

     1,266,204        866,393  
India – 9.0%      

Aegis Logistics Ltd.

     346,577        1,154,955  

AIA Engineering Ltd.

     30,740        948,145  

Ajanta Pharma Ltd.

     57,688        902,323  

Alembic Pharmaceuticals Ltd.

     147,569        1,096,819  

Amara Raja Batteries Ltd.

     193,049        1,165,158  

Angel One Ltd.

     40,846        683,852  

Apollo Tyres Ltd.

     628,277        2,152,405  

Avanti Feeds Ltd.

     88,424        509,069  

Bajaj Consumer Care Ltd.

     522,456        1,001,867  

Balmer Lawrie & Co. Ltd.

     731,211        1,008,489  

Balrampur Chini Mills Ltd.

     185,137        791,286  

Bharat Dynamics Ltd.

     114,689        1,233,223  

Birla Corp. Ltd.

     30,507        358,222  

Birlasoft Ltd.

     313,916        1,089,910  

Blue Star Ltd.

     105,594        1,428,645  

Carborundum Universal Ltd.

     41,133        453,240  

Care Ratings Ltd.

     150,800        937,596  

Castrol India Ltd.

     3,555,759        4,925,973  

CCL Products India Ltd.

     169,892        1,049,409  

Ceat Ltd.

     55,211        1,067,962  

CESC Ltd.

     6,862,233        6,520,497  

Chambal Fertilisers and Chemicals Ltd.

     731,595        2,872,826  

Cochin Shipyard Ltd.(b)

     230,009        1,246,864  

Computer Age Management Services Ltd.

     35,373        1,098,959  

Cosmo First Ltd.

     124,889        1,337,528  

CRISIL Ltd.

     67,130        2,693,947  

Cyient Ltd.

     194,604        1,896,732  

DB Corp. Ltd.

     553,628        836,044  

DCM Shriram Ltd.

     96,802        1,188,261  

Deepak Fertilisers & Petrochemicals Corp. Ltd.

     157,529        1,701,810  

Edelweiss Financial Services Ltd.

     1,349,483        1,017,695  

Emami Ltd.

     608,835        3,774,195  

Endurance Technologies Ltd.(b)

     26,713        467,577  

Engineers India Ltd.

     1,740,754        1,366,262  

EPL Ltd.

     248,673        538,758  

Equitas Holdings Ltd.*

     577,907        704,347  

Eris Lifesciences Ltd.(b)

     109,215        954,459  

Exide Industries Ltd.

     721,796        1,392,552  

Federal Bank Ltd.

     1,580,620        2,307,262  

Finolex Cables Ltd.

     253,413        1,462,515  

Finolex Industries Ltd.

     548,940        921,746  

Firstsource Solutions Ltd.

     1,064,010        1,370,701  

Galaxy Surfactants Ltd.

     6,699        247,073  

Geojit Financial Services Ltd.

     754,845        437,033  

 

See Notes to Financial Statements.

 

50   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2022

 

 

 

Investments    Shares      Value  

GHCL Ltd.

     198,071      $ 1,581,987  

Glenmark Pharmaceuticals Ltd.

     118,564        566,431  

Godawari Power and Ispat Ltd.

     140,572        481,583  

Godfrey Phillips India Ltd.

     66,835        943,070  

Godrej Agrovet Ltd.(b)

     66,645        420,836  

Graphite India Ltd.

     71,647        313,621  

Great Eastern Shipping Co. Ltd.

     490,499        3,258,588  

Grindwell Norton Ltd.

     46,181        1,171,765  

Gujarat Narmada Valley Fertilizers & Chemicals Ltd.

     283,635        2,237,143  

Gujarat Pipavav Port Ltd.

     1,637,097        1,753,790  

Gujarat State Fertilizers & Chemicals Ltd.

     905,780        1,457,465  

Gujarat State Petronet Ltd.

     468,830        1,330,973  

Gulf Oil Lubricants India Ltd.

     76,505        403,256  

HeidelbergCement India Ltd.

     524,727        1,221,979  

Hinduja Global Solutions Ltd.

     28,199        438,161  

Housing & Urban Development Corp. Ltd.

     2,315,058        1,003,129  

ICICI Securities Ltd.(b)

     423,202        2,721,509  

IIFL Finance Ltd.

     229,028        990,140  

IIFL Wealth Management Ltd.

     195,664        4,426,244  

Indiabulls Housing Finance Ltd.*

     1,907,773        2,784,813  

Indian Bank

     456,038        1,103,500  

Indian Energy Exchange Ltd.(b)

     530,181        925,766  

IRCON International Ltd.(b)

     2,931,086        1,423,185  

JB Chemicals & Pharmaceuticals Ltd.

     77,232        1,822,590  

Jindal Saw Ltd.

     555,344        563,186  

JK Lakshmi Cement Ltd.

     56,488        406,277  

JK Paper Ltd.

     399,833        1,860,288  

JK Tyre & Industries Ltd.

     258,742        529,085  

Jubilant Pharmova Ltd.

     103,658        428,069  

Jyothy Labs Ltd.

     303,201        702,365  

Kajaria Ceramics Ltd.

     119,890        1,769,069  

Kalpataru Power Transmission Ltd.

     277,522        1,437,566  

KEC International Ltd.

     175,330        969,311  

Kirloskar Ferrous Industries Ltd.

     249,155        812,842  

Kirloskar Oil Engines Ltd.

     189,136        565,074  

KPIT Technologies Ltd.

     97,516        791,024  

LIC Housing Finance Ltd.

     1,282,238        6,523,000  

Mahanagar Gas Ltd.

     237,564        2,430,066  

Manappuram Finance Ltd.

     1,002,607        1,201,015  

Mazagon Dock Shipbuilders Ltd.

     123,753        750,645  

Metropolis Healthcare Ltd.(b)

     24,031        459,152  

Mindspace Business Parks REIT(b)

     1,856,498        8,312,693  

Motilal Oswal Financial Services Ltd.

     79,431        708,863  

Multi Commodity Exchange of India Ltd.

     51,778        775,703  

Natco Pharma Ltd.

     106,724        794,744  

National Aluminium Co. Ltd.

     6,393,496        5,603,556  

Navin Fluorine International Ltd.

     21,822        1,204,644  

NBCC India Ltd.

     973,718        368,056  

NCC Ltd.

     533,333        470,388  

NIIT Ltd.

     309,126        1,194,496  

NLC India Ltd.

     1,149,407        961,474  

Orient Cement Ltd.

     278,343        443,597  

Orient Electric Ltd.

     26,066        87,441  

PCBL Ltd.

     863,115      1,362,820  

Polyplex Corp. Ltd.

     119,850        2,918,417  

Praj Industries Ltd.

     147,893        758,360  

Prestige Estates Projects Ltd.

     131,921        729,406  

PTC India Ltd.

     2,895,746        2,731,962  

Quess Corp. Ltd.(b)

     64,694        513,130  

Rail Vikas Nigam Ltd.

     7,505,957        3,109,365  

Railtel Corp. of India Ltd.

     361,261        458,952  

Rallis India Ltd.

     217,431        562,078  

Ramco Cements Ltd.

     58,129        539,123  

Rashtriya Chemicals & Fertilizers Ltd.

     1,005,521        1,161,863  

Ratnamani Metals & Tubes Ltd.

     25,350        588,525  

Redington Ltd.

     2,744,745        4,696,529  

Sanofi India Ltd.

     29,675        2,108,698  

Sasken Technologies Ltd.

     31,156        309,947  

Shriram City Union Finance Ltd.

     34,246        735,951  

SJVN Ltd.

     8,389,756        3,202,187  

SKF India Ltd.

     17,603        1,019,844  

Sonata Software Ltd.

     278,016        1,762,051  

Sterlite Technologies Ltd.

     272,022        551,058  

Subex Ltd.*

     1,135,582        443,198  

Sudarshan Chemical Industries Ltd.

     86,820        446,793  

Sundram Fasteners Ltd.

     158,345        1,769,310  

Supreme Petrochem Ltd.

     136,729        1,278,695  

Suven Pharmaceuticals Ltd.

     83,814        464,602  

Swaraj Engines Ltd.

     48,753        953,740  

Tata Chemicals Ltd.

     248,203        3,370,597  

Techno Electric & Engineering Co. Ltd.

     288,444        937,473  

Thermax Ltd.

     80,946        2,158,693  

Thyrocare Technologies Ltd.(b)

     83,361        717,601  

Torrent Power Ltd.

     484,862        2,901,975  

Trident Ltd.

     2,461,482        1,102,884  

UTI Asset Management Co. Ltd.

     101,776        904,210  

V-Guard Industries Ltd.

     89,094        265,964  

Vaibhav Global Ltd.

     67,737        292,801  

Vardhman Textiles Ltd.

     156,535        649,221  

Welspun Corp. Ltd.

     709,213        2,311,118  

Yes Bank Ltd.*(c)

     5,997,912        1,153,852  

Zensar Technologies Ltd.

     117,700        306,218  
     

 

 

 
Total India

 

     192,468,615  
Indonesia – 1.6%      

Ace Hardware Indonesia Tbk PT

     22,526,200        902,379  

AKR Corporindo Tbk PT

     51,265,225        4,544,939  

Astra Agro Lestari Tbk PT

     1,511,100        818,688  

Bank BTPN Syariah Tbk PT

     2,865,800        513,783  

Bank Danamon Indonesia Tbk PT

     3,758,700        626,964  

Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT

     21,089,728        1,876,643  

Bank Pembangunan Daerah Jawa Timur Tbk PT

     39,653,800        1,848,905  

BFI Finance Indonesia Tbk PT

     29,848,500        2,254,196  

Bukit Asam Tbk PT

     14,546,600        3,983,538  

Ciputra Development Tbk PT

     11,374,300        709,610  

Erajaya Swasembada Tbk PT

     24,868,200        676,108  

 

See Notes to Financial Statements.

 

WisdomTree Trust      51  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Indo Tambangraya Megah Tbk PT

     1,447,400      $ 3,937,517  

Industri Jamu Dan Farmasi Sido Muncul Tbk PT

     50,478,770        2,353,632  

Japfa Comfeed Indonesia Tbk PT

     15,582,700        1,550,339  

Media Nusantara Citra Tbk PT*

     14,612,200        796,462  

Medikaloka Hermina Tbk PT

     6,100,400        651,003  

Mitra Keluarga Karyasehat Tbk PT

     12,999,100        2,475,613  

Perusahaan Perkebunan London Sumatra Indonesia Tbk PT

     7,333,700        520,138  

Puradelta Lestari Tbk PT

     171,469,600        1,936,810  

Sawit Sumbermas Sarana Tbk PT

     21,070,700        1,791,926  
     

 

 

 
Total Indonesia

 

     34,769,193  
Malaysia – 3.3%      

Aeon Co. M Bhd

     3,024,300        893,528  

Ann Joo Resources Bhd

     1,027,800        200,595  

Astro Malaysia Holdings Bhd

     21,211,400        3,499,401  

Bank Islam Malaysia Bhd

     4,159,800        2,305,518  

Bermaz Auto Bhd

     4,013,100        1,618,395  

British American Tobacco Malaysia Bhd

     1,128,100        2,496,076  

Bursa Malaysia Bhd

     7,465,650        9,998,207  

Carlsberg Brewery Malaysia Bhd

     571,900        2,775,016  

DRB-Hicom Bhd

     718,800        203,068  

Dufu Technology Corp. Bhd

     615,000        340,856  

Duopharma Biotech Bhd

     2,522,012        707,055  

Eco World Development Group Bhd

     11,222,000        1,476,261  

FGV Holdings Bhd

     2,818,200        856,947  

Fraser & Neave Holdings Bhd

     460,500        2,145,094  

Frontken Corp. Bhd

     1,553,700        921,431  

Genting Plantations Bhd

     831,800        1,029,660  

Globetronics Technology Bhd

     3,102,633        782,851  

Heineken Malaysia Bhd

     503,500        2,592,965  

Hextar Global Bhd

     1,557,400        591,120  

IJM Corp. Bhd

     12,048,500        4,339,227  

Inari Amertron Bhd

     14,875,375        8,084,094  

KPJ Healthcare Bhd

     3,350,600        570,838  

Lotte Chemical Titan Holding Bhd(b)

     1,442,300        416,796  

Malaysia Building Society Bhd

     14,934,228        1,851,883  

Malaysian Pacific Industries Bhd

     105,300        652,647  

Malaysian Resources Corp. Bhd

     9,298,300        601,572  

Mega First Corp. Bhd

     2,328,700        1,657,259  

My EG Services Bhd

     7,526,043        1,379,585  

Scientex Bhd

     2,896,800        2,167,758  

SKP Resources Bhd

     2,797,025        1,001,307  

Sunway Bhd

     3,505,800        1,186,997  

Supermax Corp. Bhd

     4,359,926        634,667  

Syarikat Takaful Malaysia Keluarga Bhd

     881,200        627,121  

TIME dotCom Bhd

     5,193,600        5,174,559  

Uchi Technologies Bhd

     3,222,000        2,258,249  

UMW Holdings Bhd

     864,200        557,248  

Unisem M Bhd

     525,700        294,764  

ViTrox Corp. Bhd

     195,600        304,979  

VS Industry Bhd

     6,912,750        1,446,057  

Yinson Holdings Bhd

     2,052,200        951,527  
     

 

 

 
Total Malaysia

 

     71,593,178  
Mexico – 4.0%      

Alpek SAB de CV(a)

     4,511,347      5,853,589  

Banco del Bajio SA(b)

     7,896,101        19,992,068  

Bolsa Mexicana de Valores SAB de CV

     5,083,116        8,516,732  

Corp. Inmobiliaria Vesta SAB de CV

     6,949,017        12,966,660  

GCC SAB de CV(a)

     391,086        2,347,586  

Grupo Comercial Chedraui SA de CV

     456,394        1,350,740  

Grupo Rotoplas SAB de CV*(a)

     613,982        879,407  

Industrias Bachoco SAB de CV, Series B(a)

     903,658        3,499,133  

Megacable Holdings SAB de CV, Series CPO

     5,196,228        10,486,780  

Promotora y Operadora de Infraestructura SAB de CV

     590,552        4,028,353  

Qualitas Controladora SAB de CV(a)

     1,889,978        7,806,175  

Regional SAB de CV(a)

     1,265,775        7,146,758  
     

 

 

 
Total Mexico

 

     84,873,981  
Philippines – 1.5%      

Alliance Global Group, Inc.

     2,384,600        335,573  

Century Pacific Food, Inc.

     3,329,600        1,277,885  

D&L Industries, Inc.

     6,818,100        779,211  

DMCI Holdings, Inc.

     41,464,600        6,995,051  

First Gen Corp.

     2,790,200        774,831  

GT Capital Holdings, Inc.

     67,180        476,247  

LT Group, Inc.

     25,382,500        3,576,281  

Megaworld Corp.

     23,663,000        823,412  

Metro Pacific Investments Corp.

     33,436,000        1,899,222  

Nickel Asia Corp.

     16,057,400        1,388,674  

Puregold Price Club, Inc.

     1,434,600        691,300  

Robinsons Land Corp.

     8,108,226        2,279,293  

Robinsons Retail Holdings, Inc.

     977,210        911,785  

Security Bank Corp.

     1,227,110        1,695,453  

Semirara Mining & Power Corp.

     10,610,000        7,058,252  

Wilcon Depot, Inc.

     1,702,900        928,062  
     

 

 

 
Total Philippines

 

     31,890,532  
Poland – 0.5%      

Asseco Poland SA

     293,889        4,114,684  

Bank Handlowy w Warszawie SA

     161,574        1,776,365  

Ciech SA

     247,885        1,595,016  

LiveChat Software SA

     67,051        1,477,050  

TEN Square Games SA(a)

     14,788        292,527  

Warsaw Stock Exchange

     260,153        1,726,628  
     

 

 

 
Total Poland

 

     10,982,270  
South Africa – 8.9%      

Adcock Ingram Holdings Ltd.

     666,666        1,689,617  

Advtech Ltd.

     3,042,978        3,013,771  

AECI Ltd.

     809,162        3,884,518  

African Rainbow Minerals Ltd.(a)

     1,584,197        21,553,365  

Afrimat Ltd.

     625,765        1,671,260  

Astral Foods Ltd.

     316,475        3,401,677  

AVI Ltd.

     3,535,990        14,322,997  

Cashbuild Ltd.(a)

     223,169        2,471,032  

Coronation Fund Managers Ltd.

     2,452,149        4,098,626  

DataTec Ltd.

     756,819        1,854,096  

Dis-Chem Pharmacies Ltd.(b)

     753,115        1,334,634  

 

See Notes to Financial Statements.

 

52   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2022

 

 

 

Investments    Shares      Value  

DRDGOLD Ltd.(a)

     3,634,103      $ 1,993,727  

Equites Property Fund Ltd.(a)

     7,214,201        6,462,575  

Harmony Gold Mining Co. Ltd.

     1,918,541        4,560,304  

Investec Ltd.

     1,779,304        7,092,466  

Italtile Ltd.

     3,657,874        2,867,684  

JSE Ltd.

     786,330        4,424,186  

KAP Industrial Holdings Ltd.

     11,348,534        2,462,611  

Metair Investments Ltd.

     1,008,176        1,514,578  

Momentum Metropolitan Holdings

     2,906,432        2,715,203  

Motus Holdings Ltd.(a)

     1,475,431        9,421,907  

Oceana Group Ltd.(a)

     730,885        2,165,917  

Omnia Holdings Ltd.

     1,079,922        4,061,913  

Pick n Pay Stores Ltd.(a)

     1,561,404        4,819,958  

Raubex Group Ltd.

     645,493        1,267,102  

Resilient REIT Ltd.(a)

     3,323,956        8,866,349  

Royal Bafokeng Platinum Ltd.

     2,477,908        19,790,175  

Santam Ltd.(a)

     155,008        2,156,442  

SPAR Group Ltd.

     1,942,755        15,496,640  

Tiger Brands Ltd.(a)

     1,145,931        10,803,536  

Transaction Capital Ltd.

     416,864        852,632  

Truworths International Ltd.(a)

     5,630,515        15,617,258  

Wilson Bayly Holmes-Ovcon Ltd.

     208,390        995,541  
     

 

 

 
Total South Africa

 

     189,704,297  
South Korea – 9.8%      

Aekyung Chemical Co. Ltd.

     62,568        415,021  

AfreecaTV Co. Ltd.

     9,145        406,530  

Ahnlab, Inc.

     13,303        572,772  

APTC Co. Ltd.

     68,768        615,245  

BGF Retail Co. Ltd.

     18,997        2,197,528  

BH Co. Ltd.

     53,167        955,051  

Binggrae Co. Ltd.

     18,198        501,790  

BNK Financial Group, Inc.

     1,560,465        6,566,016  

Caregen Co. Ltd.(a)

     14,396        1,157,154  

Cheil Worldwide, Inc.

     553,059        8,775,033  

Chong Kun Dang Pharmaceutical Corp.

     7,664        421,046  

CJ Corp.

     42,803        2,079,268  

CS Wind Corp.(a)

     20,665        876,749  

Cuckoo Holdings Co. Ltd.

     36,036        414,337  

Dae Won Kang Up Co. Ltd.

     200,688        377,333  

Daeduck Electronics Co. Ltd.

     96,345        1,431,000  

Daesang Corp.

     82,210        1,238,293  

Daesang Holdings Co. Ltd.

     44,014        222,423  

Daishin Securities Co. Ltd.

     397,735        3,822,504  

Danawa Co. Ltd.*

     33,650        336,335  

Daol Investment & Securities Co. Ltd.

     238,218        606,076  

DB Financial Investment Co. Ltd.

     314,814        961,583  

DB HiTek Co. Ltd.

     51,851        1,353,627  

DGB Financial Group, Inc.

     942,578        4,591,996  

Digital Daesung Co. Ltd.

     177,720        869,532  

DL Holdings Co. Ltd.

     37,168        1,488,590  

DN Automotive Corp.

     39,250        1,689,942  

Dohwa Engineering Co. Ltd.

     72,612        392,319  

DongKook Pharmaceutical Co. Ltd.

     26,430        300,194  

Dongkuk Steel Mill Co. Ltd.

     104,987      792,521  

Dongsuh Cos., Inc.

     182,784        2,657,376  

Dongsung Chemical Co. Ltd.

     123,192        397,380  

Dongsung Finetec Co. Ltd.(a)

     102,365        769,151  

Dongwon Development Co. Ltd.

     392,490        886,100  

DoubleUGames Co. Ltd.(a)

     8,651        265,450  

Douzone Bizon Co. Ltd.

     11,941        260,403  

EBEST Investment & Securities Co. Ltd.

     235,292        901,237  

Echo Marketing, Inc.

     85,084        758,245  

Ecopro Co. Ltd.

     11,311        914,715  

Eugene Investment & Securities Co. Ltd.

     235,163        368,187  

F&F Holdings Co. Ltd.

     60,858        623,170  

Fila Holdings Corp.

     31,018        678,593  

GOLFZON Co. Ltd.

     14,310        1,081,227  

Green Cross Corp.

     3,963        342,092  

Green Cross Holdings Corp.

     86,375        984,072  

GS Engineering & Construction Corp.

     323,516        5,099,102  

HAESUNG DS Co. Ltd.

     33,553        979,128  

Han Kuk Carbon Co. Ltd.

     80,841        672,404  

Hana Materials, Inc.

     18,843        378,651  

Hana Pharm Co. Ltd.

     26,699        276,190  

Handsome Co. Ltd.

     27,139        487,504  

Hanil Cement Co. Ltd.(a)

     120,362        954,853  

Hanil Holdings Co. Ltd.

     78,544        609,379  

Hanjin Transportation Co. Ltd.(a)

     28,127        401,056  

Hankook & Co. Co. Ltd.(a)

     122,784        1,068,471  

Hanmi Semiconductor Co. Ltd.

     184,495        1,392,707  

Hansae Co. Ltd.

     61,365        574,747  

Hansol Chemical Co. Ltd.

     12,576        1,494,317  

Hansol Paper Co. Ltd.

     105,528        1,106,395  

Hanssem Co. Ltd.

     23,811        711,484  

Hanwha Aerospace Co. Ltd.(a)

     51,727        2,223,534  

Hanwha Corp.(a)

     137,775        2,354,511  

Hanwha Systems Co. Ltd.(a)

     121,557        938,845  

Hanyang Eng Co. Ltd.

     54,876        492,875  

HDC Holdings Co. Ltd.

     140,076        579,611  

Hite Jinro Co. Ltd.

     95,151        1,762,425  

HL Holdings Corp.

     53,384        1,182,829  

HS Industries Co. Ltd.

     212,847        618,888  

Huons Co. Ltd.(a)

     7,840        174,533  

Huvis Corp.

     66,720        250,427  

Hyosung TNC Corp.

     4,856        879,083  

Hyundai Department Store Co. Ltd.

     24,484        930,964  

Hyundai Elevator Co. Ltd.

     55,906        877,256  

Hyundai Greenfood Co. Ltd.

     120,622        540,426  

Hyundai Marine & Fire Insurance Co. Ltd.

     296,002        6,061,969  

Hyundai Motor Securities Co. Ltd.

     233,894        1,589,047  

Hyundai Wia Corp.

     24,644        1,035,231  

iMarketKorea, Inc.

     192,047        1,396,022  

Innocean Worldwide, Inc.

     38,528        1,117,573  

IS Dongseo Co. Ltd.

     39,309        840,746  

JB Financial Group Co. Ltd.

     1,160,997        5,647,962  

JW Life Science Corp.(a)

     49,266        389,114  

KCC Glass Corp.

     100,944        2,818,699  

 

See Notes to Financial Statements.

 

WisdomTree Trust      53  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2022

 

 

 

Investments    Shares      Value  

KEPCO Plant Service & Engineering Co. Ltd.(a)

     99,790      $ 2,420,293  

Kginicis Co. Ltd.

     37,421        308,638  

KIWOOM Securities Co. Ltd.

     61,245        3,240,544  

Koentec Co. Ltd.(a)

     245,388        1,390,995  

Koh Young Technology, Inc.

     70,532        626,097  

Kolon Corp.

     21,270        333,017  

Kolon Industries, Inc.

     45,417        1,342,797  

Korea Aerospace Industries Ltd.

     82,767        2,802,867  

Korea Asset In Trust Co. Ltd.

     742,984        1,602,087  

Korea Electric Terminal Co. Ltd.

     16,424        715,185  

Korea Petrochemical Ind Co. Ltd.

     9,896        715,898  

Korea Real Estate Investment & Trust Co. Ltd.

     1,163,767        1,114,392  

Korean Reinsurance Co.

     742,906        4,076,195  

KSS LINE Ltd.

     77,686        480,006  

Kukdo Chemical Co. Ltd.

     13,870        418,320  

Kumho E&C Co. Ltd.

     209,725        1,093,555  

Kyobo Securities Co. Ltd.

     155,250        615,270  

Kyungdong Pharm Co. Ltd.

     148,286        742,104  

LEADCORP, Inc.(a)

     150,219        964,921  

LEENO Industrial, Inc.(a)

     20,143        1,752,851  

LF Corp.

     63,161        644,545  

LIG Nex1 Co. Ltd.

     37,434        2,362,683  

Lotte Chilsung Beverage Co. Ltd.

     9,166        1,021,861  

Lotte Data Communication Co.

     15,129        249,559  

LOTTE Fine Chemical Co. Ltd.

     41,288        1,624,739  

Lotte Himart Co. Ltd.

     43,607        394,709  

LS Cable & System Asia Ltd.

     75,911        374,063  

LS Corp.

     92,036        3,647,474  

LS Electric Co. Ltd.

     42,236        1,378,641  

LX International Corp.

     61,110        1,661,550  

LX Semicon Co. Ltd.(a)

     34,792        1,848,181  

Maeil Dairies Co. Ltd.

     9,670        348,085  

Mcnex Co. Ltd.

     27,493        519,805  

MegaStudyEdu Co. Ltd.

     24,678        1,236,746  

Meritz Fire & Marine Insurance Co. Ltd.

     490,982        10,123,694  

Meritz Securities Co. Ltd.(a)

     4,364,893        11,211,981  

Mirae Asset Life Insurance Co. Ltd.

     244,012        451,116  

NICE Holdings Co. Ltd.

     49,113        423,950  

NICE Information Service Co. Ltd.

     60,115        563,040  

NongShim Co. Ltd.

     6,599        1,374,503  

Orion Holdings Corp.

     120,784        1,249,461  

Osstem Implant Co. Ltd.

     11,621        936,535  

Partron Co. Ltd.

     154,766        821,048  

PI Advanced Materials Co. Ltd.

     31,390        654,918  

Poongsan Corp.

     55,144        936,604  

Posco International Corp.

     197,156        2,880,101  

Samjin Pharmaceutical Co. Ltd.

     66,538        1,223,142  

SAMT Co. Ltd.

     302,636        558,439  

Samyang Holdings Corp.

     20,702        902,918  

Samyang Packaging Corp.

     47,788        561,151  

SaraminHR Co. Ltd.

     29,096        609,090  

Seohee Construction Co. Ltd.

     978,617        800,295  

Seoul Semiconductor Co. Ltd.

     51,706        366,825  

SFA Engineering Corp.

     52,394        1,391,607  

SGC Energy Co. Ltd.

     29,693      638,191  

Shinsegae, Inc.

     3,976        641,963  

SIMMTECH Co. Ltd.(a)

     40,068        826,173  

SK D&D Co. Ltd.

     11,088        173,214  

SK Discovery Co. Ltd.

     36,602        762,382  

SK Networks Co. Ltd.

     355,220        983,205  

SL Corp.

     48,605        1,097,324  

SNT Dynamics Co. Ltd.(a)

     81,863        529,846  

SNT Motiv Co. Ltd.(a)

     36,119        1,060,319  

Soulbrain Co. Ltd.

     5,192        645,598  

Taeyoung Engineering & Construction Co. Ltd.

     104,135        342,458  

TES Co. Ltd.

     61,186        652,189  

TKG Huchems Co. Ltd.(a)

     100,830        1,331,996  

Tongyang Life Insurance Co. Ltd.

     320,967        1,080,210  

TS Corp.

     868,805        1,569,764  

Unid Co. Ltd.

     18,710        1,091,972  

Wemade Co. Ltd.

     6,816        218,196  

WiSoL Co. Ltd.

     15,526        73,794  

WONIK IPS Co. Ltd.

     37,381        581,343  

Woongjin Thinkbig Co. Ltd.

     339,233        515,714  

Youlchon Chemical Co. Ltd.

     43,108        804,490  

Youngone Corp.(a)

     43,515        1,356,517  

Yuanta Securities Korea Co. Ltd.

     342,674        588,009  
     

 

 

 
Total South Korea

 

     208,898,122  
Taiwan – 25.9%      

AcBel Polytech, Inc.(a)

     1,920,303        1,702,621  

Acer, Inc.(a)

     17,060,000        11,767,741  

Advancetek Enterprise Co. Ltd.(a)

     659,000        605,054  

Alltek Technology Corp.

     922,240        974,555  

Arcadyan Technology Corp.(a)

     1,012,681        3,039,734  

Asia Optical Co., Inc.

     423,000        767,419  

Asia Vital Components Co. Ltd.

     557,000        1,956,140  

ASROCK, Inc.(a)

     194,000        521,220  

BES Engineering Corp.(a)

     3,628,000        930,169  

C Sun Manufacturing Ltd.(a)

     986,750        1,414,127  

Capital Futures Corp.(a)

     1,012,000        1,093,313  

Capital Securities Corp.(a)

     13,838,340        4,598,396  

Cathay Real Estate Development Co. Ltd.(a)

     2,207,000        1,115,700  

Central Reinsurance Co. Ltd.(a)

     1,023,000        650,874  

Century Iron & Steel Industrial Co. Ltd.(a)

     441,000        872,305  

Chang Wah Electromaterials, Inc.(a)

     1,189,000        1,175,930  

Charoen Pokphand Enterprise

     1,490,100        3,731,234  

Chenbro Micom Co. Ltd.(a)

     489,000        1,152,074  

Cheng Loong Corp.(a)

     4,547,000        3,809,575  

Cheng Uei Precision Industry Co. Ltd.(a)

     2,151,000        2,296,731  

Chicony Electronics Co. Ltd.(a)

     6,037,652        15,669,864  

Chicony Power Technology Co. Ltd.

     966,625        2,036,827  

China Bills Finance Corp.

     4,666,000        2,167,738  

China Chemical & Pharmaceutical Co. Ltd.(a)

     2,003,000        1,350,096  

China General Plastics Corp.(a)

     2,028,000        1,309,459  

China Metal Products

     905,000        839,467  

China Steel Chemical Corp.(a)

     453,726        1,521,995  

China Steel Structure Co. Ltd.(a)

     690,000        1,143,154  

ChipMOS Technologies, Inc.(a)

     2,217,000        2,094,869  

 

See Notes to Financial Statements.

 

54   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Chong Hong Construction Co. Ltd.

     1,244,000      $ 2,868,147  

Chroma ATE, Inc.(a)

     931,132        5,279,025  

Chun Yuan Steel Industry Co. Ltd.(a)

     1,012,000        468,563  

Chung Hung Steel Corp.(a)

     876,000        583,559  

Chung-Hsin Electric & Machinery Manufacturing Corp.(a)

     1,775,000        3,181,124  

Cleanaway Co. Ltd.(a)

     571,161        3,139,236  

Compeq Manufacturing Co. Ltd.(a)

     3,845,000        5,473,999  

Continental Holdings Corp.(a)

     2,393,000        2,272,479  

CTCI Corp.(a)

     2,568,190        3,688,603  

D-Link Corp.*(a)

     1,929,240        893,251  

DA CIN Construction Co. Ltd.(a)

     2,261,000        2,229,025  

Darfon Electronics Corp.(a)

     1,055,000        1,309,238  

Daxin Materials Corp.

     408,000        817,311  

Eastern Media International Corp.

     362,520        226,654  

Edom Technology Co. Ltd.(a)

     1,447,000        1,241,952  

Elan Microelectronics Corp.(a)

     1,504,409        3,942,386  

Elite Advanced Laser Corp.(a)

     685,000        875,965  

Elite Material Co. Ltd.(a)

     1,188,163        5,987,782  

Elite Semiconductor Microelectronics Technology, Inc.

     635,000        1,276,040  

Ennoconn Corp.(a)

     122,243        733,481  

Eternal Materials Co. Ltd.

     3,543,494        3,381,772  

Everlight Electronics Co. Ltd.(a)

     1,831,165        2,010,019  

Far Eastern Department Stores Ltd.(a)

     3,131,841        1,923,553  

Far Eastern International Bank(a)

     10,523,017        3,679,029  

Faraday Technology Corp.(a)

     200,000        844,121  

Farglory F T Z Investment Holding Co. Ltd.

     589,000        1,007,361  

Farglory Land Development Co. Ltd.(a)

     2,182,640        3,952,937  

Feng Hsin Steel Co. Ltd.(a)

     2,130,950        4,000,271  

Fitipower Integrated Technology, Inc.(a)

     186,000        546,008  

FLEXium Interconnect, Inc.*(a)

     1,491,028        4,081,084  

Flytech Technology Co. Ltd.(a)

     917,000        1,990,025  

Formosa International Hotels Corp.(a)

     346,000        2,086,963  

Formosa Sumco Technology Corp.(a)

     153,000        660,210  

Formosan Union Chemical(a)

     2,568,000        1,819,900  

Fortune Electric Co. Ltd.

     443,000        580,453  

Foxsemicon Integrated Technology, Inc.(a)

     229,197        1,331,911  

Fusheng Precision Co. Ltd.(a)

     441,000        2,534,962  

Fwusow Industry Co. Ltd.

     1,187,000        730,916  

Gemtek Technology Corp.(a)

     1,344,000        1,130,266  

Generalplus Technology, Inc.(a)

     371,000        567,327  

Genius Electronic Optical Co. Ltd.(a)

     211,280        2,299,198  

Getac Holdings Corp.(a)

     3,679,292        4,896,220  

Gigabyte Technology Co. Ltd.(a)

     1,708,000        4,750,272  

Global Brands Manufacture Ltd.(a)

     754,400        602,351  

Global Mixed Mode Technology, Inc.(a)

     372,000        1,417,745  

Global PMX Co. Ltd.(a)

     172,000        929,100  

Global Unichip Corp.(a)

     81,000        1,502,693  

Gold Circuit Electronics Ltd.

     457,700        1,337,824  

Goldsun Building Materials Co. Ltd.(a)

     5,252,000        3,970,141  

Grape King Bio Ltd.(a)

     394,988        1,667,088  

Great Wall Enterprise Co. Ltd.(a)

     4,824,259        6,761,773  

Greatek Electronics, Inc.(a)

     1,751,000        2,716,204  

HannsTouch Solution, Inc.(a)

     1,752,000      531,963  

Highwealth Construction Corp.(a)

     7,177,655        8,816,925  

Hiyes International Co. Ltd.(a)

     496,400        1,060,062  

Ho Tung Chemical Corp.(a)

     4,646,000        1,292,141  

Holiday Entertainment Co. Ltd.

     326,850        619,748  

Holtek Semiconductor, Inc.(a)

     1,159,773        2,432,860  

Holy Stone Enterprise Co. Ltd.(a)

     935,000        2,559,183  

Hong TAI Electric Industrial(a)

     1,461,000        681,055  

Hota Industrial Manufacturing Co. Ltd.(a)

     330,146        951,474  

Hotai Finance Co. Ltd.

     572,000        1,819,648  

Hsin Kuang Steel Co. Ltd.(a)

     564,000        603,988  

Hsin Yung Chien Co. Ltd.(a)

     389,000        1,243,614  

Hsing TA Cement Co.

     1,978,000        934,518  

Huaku Development Co. Ltd.

     1,595,296        4,547,365  

Huang Hsiang Construction Corp.(a)

     1,597,000        2,019,577  

Hung Ching Development & Construction Co. Ltd.(a)

     714,000        457,649  

Hung Sheng Construction Ltd.

     1,598,000        1,240,691  

I-Sheng Electric Wire & Cable Co. Ltd.

     1,413,000        1,829,169  

IBF Financial Holdings Co. Ltd.(a)

     15,277,572        5,557,843  

ITE Technology, Inc.(a)

     824,000        1,520,879  

ITEQ Corp.(a)

     841,000        1,549,608  

Jentech Precision Industrial Co. Ltd.(a)

     122,095        1,467,109  

Jia Wei Lifestyle, Inc.

     542,000        838,206  

Kenda Rubber Industrial Co. Ltd.(a)

     1,471,000        1,480,313  

Kerry TJ Logistics Co. Ltd.(a)

     875,000        1,040,387  

Kindom Development Co. Ltd.

     2,635,200        2,099,926  

King Slide Works Co. Ltd.

     88,004        1,311,093  

King Yuan Electronics Co. Ltd.(a)

     5,349,000        5,189,115  

King’s Town Bank Co. Ltd.(a)

     4,710,000        4,999,433  

Kinik Co.(a)

     686,495        2,616,331  

Kinsus Interconnect Technology Corp.

     113,000        331,003  

KS Terminals, Inc.(a)

     199,000        446,902  

Kung Long Batteries Industrial Co. Ltd.(a)

     655,000        2,847,019  

L&K Engineering Co. Ltd.

     626,000        586,585  

Lelon Electronics Corp.(a)

     468,000        718,605  

Lian Hwa Food Corp.

     179,820        402,130  

Lien Hwa Industrial Holdings Corp.

     2,803,773        4,477,347  

Longchen Paper & Packaging Co. Ltd.(a)

     1,921,026        886,423  

Lotes Co. Ltd.(a)

     151,106        3,636,177  

Machvision, Inc.(a)

     151,000        594,507  

Macronix International Co. Ltd.(a)

     5,507,000        5,403,101  

Makalot Industrial Co. Ltd.(a)

     622,881        3,600,071  

Marketech International Corp.

     204,000        697,156  

Mayer Steel Pipe Corp.(a)

     707,000        536,669  

Mercuries & Associates Holding Ltd.

     1,647,160        752,270  

Merida Industry Co. Ltd.(a)

     531,043        3,019,095  

Mirle Automation Corp.(a)

     1,021,560        1,209,823  

Nak Sealing Technologies Corp.(a)

     459,000        1,402,343  

Namchow Holdings Co. Ltd.(a)

     603,000        847,075  

Nan Liu Enterprise Co. Ltd.(a)

     497,000        1,076,998  

Nantex Industry Co. Ltd.(a)

     1,129,615        1,273,748  

Nichidenbo Corp.(a)

     1,534,000        2,316,775  

Nuvoton Technology Corp.

     123,872        421,373  

 

See Notes to Financial Statements.

 

WisdomTree Trust      55  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2022

 

 

 

Investments    Shares      Value  

O-Bank Co. Ltd.(a)

     1,972,000      $ 513,668  

Ocean Plastics Co. Ltd.

     723,000        797,033  

Pan German Universal Motors Ltd.

     175,000        1,140,981  

Pan Jit International, Inc.(a)

     507,000        910,233  

Pan-International Industrial Corp.(a)

     915,000        945,290  

Polytronics Technology Corp.(a)

     333,017        585,289  

Power Wind Health Industry, Inc.*(a)

     123,901        460,497  

Powertech Technology, Inc.(a)

     5,097,000        12,377,672  

President Securities Corp.(a)

     8,120,520        3,785,432  

Primax Electronics Ltd.(a)

     2,482,000        4,987,609  

Prince Housing & Development Corp.

     5,062,000        1,777,735  

Promate Electronic Co. Ltd.(a)

     1,619,000        1,835,774  

Qisda Corp.(a)

     10,762,000        9,186,122  

Radium Life Tech Co. Ltd.(a)

     2,735,000        828,710  

Rechi Precision Co. Ltd.

     1,674,000        917,434  

Rexon Industrial Corp. Ltd.(a)

     907,000        851,321  

RichWave Technology Corp.

     87,238        267,905  

Ruentex Engineering & Construction Co.

     25,000        65,041  

Sampo Corp.(a)

     3,786,000        3,118,331  

Sanyang Motor Co. Ltd.(a)

     3,025,000        3,649,170  

SDI Corp.(a)

     323,000        1,078,396  

Sercomm Corp.(a)

     799,488        1,984,304  

Shin Foong Specialty & Applied Materials Co. Ltd.(a)

     310,000        525,308  

Shin Zu Shing Co. Ltd.(a)

     1,106,000        3,138,700  

Shiny Chemical Industrial Co. Ltd.(a)

     412,637        1,481,641  

Sigurd Microelectronics Corp.(a)

     2,148,000        2,875,366  

Sinbon Electronics Co. Ltd.(a)

     565,120        4,716,898  

Sincere Navigation Corp.(a)

     714,000        409,298  

Sinon Corp.(a)

     3,155,000        3,845,743  

Sinyi Realty, Inc.(a)

     1,925,000        1,770,449  

Sitronix Technology Corp.(a)

     409,000        2,119,138  

Sonix Technology Co. Ltd.(a)

     937,000        1,435,795  

Standard Chemical & Pharmaceutical Co. Ltd.

     1,027,000        1,476,662  

Standard Foods Corp.(a)

     1,579,896        1,903,399  

Stark Technology, Inc.(a)

     912,000        2,349,731  

Sunny Friend Environmental Technology Co. Ltd.(a)

     209,000        997,307  

Sunonwealth Electric Machine Industry Co. Ltd.

     1,447,000        1,643,023  

Sunrex Technology Corp.(a)

     601,000        678,631  

Supreme Electronics Co. Ltd.(a)

     2,429,506        2,605,584  

Symtek Automation Asia Co. Ltd.(a)

     372,000        1,000,624  

Syncmold Enterprise Corp.(a)

     1,008,915        2,011,538  

Synnex Technology International Corp.

     11,642,600        19,362,162  

Systex Corp.(a)

     1,086,000        2,377,303  

T3EX Global Holdings Corp.(a)

     337,000        672,960  

TA-I Technology Co. Ltd.(a)

     691,000        871,667  

Taichung Commercial Bank Co. Ltd.

     6,773,181        2,805,359  

Taiflex Scientific Co. Ltd.(a)

     1,435,000        1,787,592  

Tainan Spinning Co. Ltd.(a)

     1,622,000        845,510  

Taisun Enterprise Co. Ltd.(a)

     1,642,000        1,838,581  

Taita Chemical Co. Ltd.(a)

     1,042,900        707,880  

Taiwan Business Bank(a)

     6,002,708      2,382,252  

Taiwan Cogeneration Corp.(a)

     2,366,970        2,560,881  

Taiwan Fertilizer Co. Ltd.(a)

     2,454,000        4,258,887  

Taiwan FU Hsing Industrial Co. Ltd.

     1,887,000        2,463,578  

Taiwan Hon Chuan Enterprise Co. Ltd.(a)

     1,874,692        4,948,162  

Taiwan Mask Corp.(a)

     505,300        878,533  

Taiwan Navigation Co. Ltd.(a)

     729,000        567,145  

Taiwan Paiho Ltd.

     867,000        1,611,169  

Taiwan PCB Techvest Co. Ltd.(a)

     2,403,302        2,566,126  

Taiwan Sakura Corp.

     1,166,000        2,291,675  

Taiwan Secom Co. Ltd.

     1,527,000        4,857,696  

Taiwan Styrene Monomer(a)

     1,720,000        712,400  

Taiwan Surface Mounting Technology Corp.(a)

     724,000        1,892,721  

Taiwan-Asia Semiconductor Corp.(a)

     2,586,000        2,736,767  

Test Research, Inc.(a)

     1,149,115        2,251,251  

Thinking Electronic Industrial Co. Ltd.

     341,000        1,251,268  

Ton Yi Industrial Corp.(a)

     2,128,000        1,209,814  

Tong Hsing Electronic Industries Ltd.

     376,552        1,968,806  

Tong Yang Industry Co. Ltd.

     1,204,685        1,832,697  

Topco Scientific Co. Ltd.

     1,287,521        6,265,457  

Topkey Corp.

     353,000        1,740,039  

Transcend Information, Inc.

     955,479        1,941,113  

Tripod Technology Corp.(a)

     2,718,928        7,998,610  

Tsann Kuen Enterprise Co. Ltd.

     308,105        430,390  

TSRC Corp.(a)

     839,000        687,077  

Ttet Union Corp.(a)

     157,000        764,008  

Tung Ho Steel Enterprise Corp.(a)

     2,410,722        3,754,770  

TXC Corp.(a)

     837,549        1,896,746  

Tyntek Corp.(a)

     1,069,000        523,574  

U-Ming Marine Transport Corp.(a)

     906,420        1,042,059  

Unitech Computer Co. Ltd.(a)

     668,000        608,057  

United Integrated Services Co. Ltd.(a)

     2,114,000        9,987,716  

Universal Cement Corp.(a)

     2,498,000        1,612,933  

UPC Technology Corp.(a)

     2,669,000        1,029,804  

USI Corp.(a)

     2,944,000        1,905,547  

Visual Photonics Epitaxy Co. Ltd.(a)

     426,750        760,781  

Wah Lee Industrial Corp.

     1,009,580        2,655,200  

Walsin Lihwa Corp.(a)

     8,759,536        11,173,933  

Wan Hai Lines Ltd.(a)

     438,150        921,869  

Wei Chuan Foods Corp.(a)

     1,546,000        954,411  

Weikeng Industrial Co. Ltd.(a)

     1,993,431        1,601,074  

Weltrend Semiconductor(a)

     480,000        614,571  

WinWay Technology Co. Ltd.(a)

     119,000        1,405,556  

Wistron NeWeb Corp.(a)

     892,722        2,300,062  

Wowprime Corp.*

     160,000        690,415  

WPG Holdings Ltd.(a)

     7,744,058        11,329,853  

WT Microelectronics Co. Ltd.(a)

     1,488,678        2,757,072  

YC INOX Co. Ltd.(a)

     1,704,793        1,465,900  

Yem Chio Co. Ltd.(a)

     2,546,000        1,118,671  

YFY, Inc.(a)

     5,704,000        4,257,923  

Yulon Finance Corp.

     918,713        4,152,424  

Yulon Motor Co. Ltd.(a)

     1,233,000        1,594,212  

Zeng Hsing Industrial Co. Ltd.(a)

     481,000        1,893,760  

Zenitron Corp.(a)

     1,110,000        912,501  

 

See Notes to Financial Statements.

 

56   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Zero One Technology Co. Ltd.(a)

     993,184      $ 1,218,448  

Zippy Technology Corp.(a)

     1,168,000        1,431,075  

ZongTai Real Estate Development Co. Ltd.(a)

     2,525,941        2,545,910  
     

 

 

 
Total Taiwan

 

     554,804,111  
Thailand – 8.0%      

Amata Corp. PCL, NVDR

     1,614,400        796,072  

Asia Plus Group Holdings PCL, NVDR(a)

     24,264,100        1,929,806  

Asian Sea Corp. PCL, NVDR

     1,315,900        641,902  

Asiasoft Corp. PCL, NVDR(a)

     1,652,900        749,326  

Bangchak Corp. PCL, NVDR

     2,247,000        1,757,330  

Bangkok Chain Hospital PCL, NVDR

     3,340,600        1,576,423  

Bangkok Commercial Asset Management PCL, NVDR(a)

     5,778,400        2,481,709  

Bangkok Insurance PCL, NVDR

     417,500        3,110,220  

Banpu PCL, NVDR(a)

     8,256,200        2,692,239  

Banpu Power PCL, NVDR

     3,374,100        1,288,098  

BCPG PCL, NVDR(a)

     2,523,612        615,515  

Chularat Hospital PCL, NVDR

     23,976,100        2,339,132  

Com7 PCL, NVDR(a)

     2,451,100        1,884,462  

Dynasty Ceramic PCL, NVDR

     46,165,200        3,280,030  

Eastern Polymer Group PCL, NVDR(a)

     3,994,200        1,053,613  

Eastern Water Resources Development and Management PCL, NVDR(a)

     5,196,500        785,261  

Exotic Food PCL, NVDR

     1,766,900        637,058  

Forth Smart Service PCL, NVDR(a)

     2,887,700        1,546,435  

GFPT PCL, NVDR

     1,808,000        704,602  

Gunkul Engineering PCL, NVDR

     37,647,500        5,239,909  

Haad Thip PCL, NVDR(a)

     1,073,300        832,291  

Hana Microelectronics PCL, NVDR(a)

     1,762,800        1,717,468  

Ichitan Group PCL, NVDR(a)

     3,868,700        892,304  

IRPC PCL, NVDR

     61,270,200        5,067,949  

Jay Mart PCL, NVDR(a)

     1,201,200        1,480,801  

JMT Network Services PCL, NVDR

     1,292,600        2,338,811  

KCE Electronics PCL, NVDR(a)

     1,649,400        1,891,213  

Kerry Express Thailand PCL, NVDR*(a)

     2,938,300        1,495,635  

KGI Securities Thailand PCL, NVDR

     9,713,300        1,246,351  

Kiatnakin Phatra Bank PCL, NVDR

     3,997,000        7,285,094  

LPN Development PCL, NVDR

     11,125,300        1,285,957  

MC Group PCL, NVDR(a)

     4,528,700        1,200,610  

MCS Steel PCL, NVDR(a)

     4,136,700        1,107,653  

Mega Lifesciences PCL, NVDR

     1,974,200        2,420,646  

MK Restaurants Group PCL, NVDR

     669,200        1,033,428  

Noble Development PCL, Class C, NVDR(a)

     16,710,600        2,029,018  

Northeast Rubber PCL, NVDR(a)

     4,469,100        657,569  

Origin Property PCL, NVDR

     8,404,900        2,250,517  

Plan B Media PCL, NVDR*(a)

     4,629,336        859,103  

Polyplex Thailand PCL, NVDR(a)

     2,481,300        1,605,083  

Precious Shipping PCL, NVDR(a)

     4,045,800        1,501,623  

Prima Marine PCL, NVDR(a)

     9,085,200        1,384,939  

Pruksa Holding PCL, NVDR

     2,130,400        677,752  

PTG Energy PCL, NVDR(a)

     2,555,900        1,084,157  

Quality Houses PCL, NVDR

     54,918,100        3,115,714  

Rajthanee Hospital PCL, NVDR

     1,491,600        1,334,610  

Ratch Group PCL, NVDR

     2,867,600        3,116,957  

Ratchthani Leasing PCL, NVDR

     14,108,100      1,563,411  

Regional Container Lines PCL, NVDR(a)

     2,247,500        1,727,930  

Sansiri PCL, NVDR

     32,310,100        985,064  

SC Asset Corp. PCL, NVDR

     26,054,700        2,555,737  

Siam City Cement PCL, NVDR

     991,954        4,023,567  

Siamgas & Petrochemicals PCL, NVDR(a)

     5,445,000        1,530,143  

Sino-Thai Engineering & Construction PCL, NVDR(a)

     2,396,700        724,347  

Somboon Advance Technology PCL, NVDR(a)

     2,589,000        1,379,610  

SPCG PCL, NVDR

     3,391,500        1,339,696  

Sri Trang Agro-Industry PCL, NVDR(a)

     10,286,300        5,317,679  

Sri Trang Gloves Thailand PCL, NVDR(a)

     15,428,300        4,662,848  

Srisawad Capital 1969 PCL, NVDR

     865,700        619,669  

Srisawad Corp. PCL, NVDR

     2,675,900        3,050,469  

Supalai PCL, NVDR

     7,842,700        3,929,667  

Synnex Thailand PCL, NVDR(a)

     895,300        398,755  

Thai Union Group PCL, NVDR(a)

     11,738,500        5,819,458  

Thai Vegetable Oil PCL, NVDR

     4,000,370        3,102,090  

Thaifoods Group PCL, NVDR(a)

     9,317,300        1,420,320  

Thanachart Capital PCL, NVDR

     6,360,200        6,533,875  

Tisco Financial Group PCL, NVDR

     5,580,800        13,722,672  

TMT Steel PCL, NVDR(a)

     6,897,500        1,462,884  

TOA Paint Thailand PCL, NVDR(a)

     1,693,100        1,481,238  

TPI Polene PCL, NVDR

     25,486,500        1,141,893  

TPI Polene Power PCL, NVDR

     31,857,200        2,972,888  

TQM Alpha PCL, NVDR(a)

     895,600        925,992  

TTW PCL, NVDR

     15,726,700        4,127,633  

United Paper PCL, NVDR

     2,720,300        1,182,739  

Vibhavadi Medical Center PCL, NVDR(a)

     20,847,800        1,547,557  

WHA Corp. PCL, NVDR(a)

     32,931,700        3,073,160  

WHA Utilities and Power PCL, NVDR

     10,660,200        1,130,456  

Workpoint Entertainment PCL, NVDR(a)

     1,216,300        583,643  
     

 

 

 
Total Thailand               170,059,485  
Turkey – 3.7%      

Aksa Akrilik Kimya Sanayii AS

     1,392,748        4,323,578  

Aksigorta AS

     5,310,158        1,039,775  

Alkim Alkali Kimya AS

     323,422        558,620  

Anadolu Anonim Turk Sigorta Sirketi*

     1,504,385        730,343  

Anadolu Hayat Emeklilik AS

     920,386        700,027  

Arcelik AS(a)

     2,376,481        8,614,479  

Aselsan Elektronik Sanayi ve Ticaret AS

     1        1  

Aygaz AS

     363,309        872,090  

Brisa Bridgestone Sabanci Sanayi ve Ticaret AS

     254,138        496,253  

Coca-Cola Icecek AS

     380,862        2,765,274  

Dogus Otomotiv Servis ve Ticaret AS

     597,444        3,132,484  

EGE Endustri VE Ticaret AS(a)

     8,467        1,030,555  

Emlak Konut Gayrimenkul Yatirim Ortakligi AS(a)

     4,065,925        848,781  

Enerjisa Enerji AS(b)

     3,088,846        2,890,821  

Goodyear Lastikleri TAS*

     713,940        442,879  

Haci Omer Sabanci Holding AS

     6,578,016        9,147,517  

Is Yatirim Menkul Degerler AS, Class A

     1,190,275        1,770,790  

Nuh Cimento Sanayi AS

     313,817        1,135,859  

 

See Notes to Financial Statements.

 

WisdomTree Trust      57  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Otokar Otomotiv Ve Savunma Sanayi AS

     63,679      $ 1,936,630  

Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS

     983,962        910,265  

Sok Marketler Ticaret AS*

     395,222        440,877  

Tekfen Holding AS

     548,947        871,753  

Tofas Turk Otomobil Fabrikasi AS

     1,552,981        7,665,009  

Turk Traktor ve Ziraat Makineleri AS

     185,781        2,798,966  

Turkiye Is Bankasi AS, Class C

     14,759,984        5,987,274  

Turkiye Petrol Rafinerileri AS*

     0        5  

Turkiye Sigorta AS

     2,791,138        933,466  

Turkiye Sise ve Cam Fabrikalari AS

     5,427,181        7,441,754  

Ulker Biskuvi Sanayi AS*

     1,116,668        1,233,614  

Vestel Beyaz Esya Sanayi ve Ticaret AS

     3,893,827        1,886,159  

Vestel Elektronik Sanayi ve Ticaret AS(a)

     1,448,704        3,125,828  

Yapi ve Kredi Bankasi AS(a)

     9,164,794        3,495,164  
     

 

 

 
Total Turkey               79,226,890  

TOTAL COMMON STOCKS

(Cost: $2,417,479,576)

              2,119,878,202  
RIGHTS – 0.0%      
Thailand – 0.0%      
Asian Sea Corp. PCL, expiring 9/30/22* (Cost: $0)      204,134        0  
WARRANTS – 0.0%      
Malaysia – 0.0%      
Yinson Holdings BHD, expiring 6/21/25 (Cost: $0)      845,571        90,265  
EXCHANGE-TRADED FUND – 0.1%

 

United States – 0.1%      

WisdomTree Emerging Markets High Dividend Fund(a)(c)

     
(Cost: $3,077,466)      83,822        2,726,729  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.5%

 

United States – 2.5%      

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(d)

     
(Cost: $52,287,848)      52,287,848      52,287,848  

TOTAL INVESTMENTS IN SECURITIES – 101.7%

(Cost: $2,472,844,890)

 

 

     2,174,983,044  

Other Assets less Liabilities – (1.7)%

        (36,316,123
     

 

 

 
NET ASSETS – 100.0%             $ 2,138,666,921  
* 

Non-income producing security.

 

 

Share amount represents a fractional share.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $1,279,315, which represents 0.06% of net assets.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $278,197,787 and the total market value of the collateral held by the Fund was $312,453,337. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $260,165,489.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

This security, or a portion thereof, is restricted from resale (see Note 2 – Restricted Securities). In accordance with a reconstruction scheme notified by the government of India applicable to Yes Bank Ltd., effective March 16, 2020, 75% of all shares of Yes Bank Ltd. held by then-existing shareholders are subject to a three-year lock-in period and are unable to be sold. At September 30, 2022, the value of the restricted portion of this security is as follows:

 

Investment   Restricted
Shares
   

Acquisition

Date

   

Acquisition

Cost

    Value    

Value as a
Percentage

of Net
Assets

 

India Yes Bank Ltd.

    5,997,912      
10/18/19 –
1/10/20
 
 
  $ 4,322,484     $ 1,153,852       0.1

 

(d) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(e) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

INVESTMENT IN AFFILIATES

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate   Value at
3/31/2022
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2022
    Dividend
Income
 

WisdomTree Emerging Markets High Dividend Fund

  $ 12,543,585     $ 45,255,137     $ 49,209,361     $ (5,210,396   $ (652,236   $ 2,726,729     $ 1,538,350  

 

See Notes to Financial Statements.

 

58   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Banco De Investimentos Credit Suisse (Brasil) SA

    10/3/2022       5,113,911       BRL       946,346       USD     $     $ (875

Bank of Montreal

    10/3/2022       509,538       USD       4,000,000       HKD             (23

Deutsche Bank AG

    10/3/2022       141,272       USD       700,000       PLN             (457

JP Morgan Chase Bank NA

    10/3/2022       8,963,153       HKD       1,141,828       USD             (10
                                                    $     $ (1,365

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

     

Investments in Securities

           

Common Stocks

           

China

   $ 292,665,283      $      $ 1,279,315 *     $ 293,944,598  

Taiwan

     551,422,339        3,381,772               554,804,111  

Other

     1,271,129,493                      1,271,129,493  

Rights

                   0 *       0  

Warrants

     90,265                      90,265  

Exchange-Traded Fund

     2,726,729                      2,726,729  

Investment of Cash Collateral for Securities Loaned

            52,287,848               52,287,848  

Total Investments in Securities

   $ 2,118,034,109      $ 55,669,620      $ 1,279,315      $ 2,174,983,044  

Liabilities:

     

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (1,365    $      $ (1,365

Total – Net

   $ 2,118,034,109      $ 55,668,255      $ 1,279,315      $ 2,174,981,679  
* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      59  


Schedule of Investments (unaudited)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.5%      
Australia – 8.1%      

Aristocrat Leisure Ltd.

     26,884      $ 569,024  

BHP Group Ltd.

     1,022,046        25,312,433  

Breville Group Ltd.(a)

     19,202        224,202  

carsales.com Ltd.

     65,057        786,792  

Domino’s Pizza Enterprises Ltd.(a)

     11,436        378,815  

Eagers Automotive Ltd.(a)

     84,408        596,429  

Evolution Mining Ltd.(a)

     449,446        592,391  

Netwealth Group Ltd.

     29,182        227,590  

Pro Medicus Ltd.(a)

     5,533        178,548  

REA Group Ltd.(a)

     13,616        1,005,444  

Technology One Ltd.

     48,316        329,287  

WiseTech Global Ltd.

     6,025        201,436  
     

 

 

 
Total Australia

 

     30,402,391  
Belgium – 0.2%      

Melexis NV

     13,795        945,999  
Brazil – 5.7%      

Ambev SA

     859,149        2,468,395  

BB Seguridade Participacoes SA

     215,309        1,057,667  

Cia de Saneamento Basico do Estado de Sao Paulo

     35,128        322,129  

Cia Siderurgica Nacional SA

     186,246        437,995  

CPFL Energia SA

     129,376        807,516  

Engie Brasil Energia SA

     73,849        525,791  

Equatorial Energia SA

     118,422        588,952  

JBS SA

     233,922        1,086,390  

Localiza Rent a Car SA

     47,269        533,878  

Magazine Luiza SA*

     22,844        18,921  

Marfrig Global Foods SA

     95,744        174,712  

Raia Drogasil SA

     33,974        142,771  

Transmissora Alianca de Energia Eletrica SA

     145,341        1,046,624  

Vale SA

     915,252        12,190,161  
     

 

 

 
Total Brazil

 

     21,401,902  
Canada – 1.2%      

CI Financial Corp.

     84,562        814,818  

Constellation Software, Inc.

     802        1,121,878  

goeasy Ltd.(a)

     910        71,208  

Onex Corp.(a)

     3,340        154,014  

Parex Resources, Inc.(a)

     5,866        86,108  

Stella-Jones, Inc.(a)

     7,632        215,399  

TFI International, Inc.(a)

     8,847        804,893  

Toromont Industries Ltd.(a)

     13,104        917,056  

West Fraser Timber Co. Ltd.

     5,936        431,705  
     

 

 

 
Total Canada

 

     4,617,079  
China – 3.3%      

ANTA Sports Products Ltd.

     54,000        572,338  

China Feihe Ltd.(b)

     480,000        336,310  

China Gas Holdings Ltd.

     395,400        473,982  

China Lesso Group Holdings Ltd.

     289,400        269,496  

China Medical System Holdings Ltd.

     292,000        348,545  

China Meidong Auto Holdings Ltd.

     34,000        53,794  

China Resources Mixc Lifestyle Services Ltd.(b)

     20,000        76,816  

China Risun Group Ltd.(a)

     181,000      70,787  

CIFI Ever Sunshine Services Group Ltd.(a)

     50,000        18,599  

Country Garden Services Holdings Co. Ltd.

     39,000        57,433  

Dongyue Group Ltd.

     28,000        27,929  

Fuyao Glass Industry Group Co. Ltd., Class H(b)

     64,800        261,680  

Jinke Smart Services Group Co. Ltd., Class H(a)

     70,600        107,026  

Lenovo Group Ltd.

     1,658,000        1,153,222  

Li Ning Co. Ltd.

     35,900        274,856  

Nongfu Spring Co. Ltd., Class H(a)(b)

     65,100        377,751  

Pop Mart International Group Ltd.(a)(b)

     18,000        33,111  

Shenzhou International Group Holdings Ltd.

     59,900        468,142  

Shimao Services Holdings Ltd.*(a)(b)

     29,000        6,170  

Sino Biopharmaceutical Ltd.

     717,875        337,451  

SITC International Holdings Co. Ltd.

     490,000        906,355  

Smoore International Holdings Ltd.(a)(b)

     140,000        167,467  

Sunny Optical Technology Group Co. Ltd.

     23,500        224,974  

Tencent Holdings Ltd.

     111,800        3,794,127  

Topsports International Holdings Ltd.(b)

     293,000        206,409  

WuXi AppTec Co. Ltd., Class H(b)

     9,640        77,919  

Xinyi Glass Holdings Ltd.

     896,000        1,303,497  

Yadea Group Holdings Ltd.(b)

     44,000        70,625  

Yihai International Holding Ltd.*

     12,000        25,376  

Zhongsheng Group Holdings Ltd.

     22,800        91,056  
     

 

 

 
Total China

 

     12,193,243  
Denmark – 10.7%      

AP Moller – Maersk A/S, Class B

     1,985        3,626,138  

Chemometec A/S

     669        51,035  

Coloplast A/S, Class B

     43,520        4,448,387  

GN Store Nord A/S

     4,793        84,684  

Novo Nordisk A/S, Class B

     307,877        30,885,459  

Royal Unibrew A/S

     10,272        669,787  

SimCorp A/S

     3,844        217,728  
     

 

 

 
Total Denmark

 

     39,983,218  
Finland – 2.2%      

Kesko Oyj, Class B

     82,041        1,538,711  

Neste Oyj

     153,361        6,730,755  
     

 

 

 
Total Finland

 

     8,269,466  
France – 10.2%      

Alten SA

     2,939        327,364  

Bureau Veritas SA

     64,584        1,453,938  

Hermes International

     3,793        4,522,143  

Kering SA

     14,215        6,385,639  

LVMH Moet Hennessy Louis Vuitton SE

     41,465        24,795,166  

Verallia SA(b)

     38,539        872,889  
     

 

 

 
Total France

 

     38,357,139  
Germany – 2.9%      

adidas AG

     21,597        2,515,203  

Dermapharm Holding SE

     6,498        237,316  

Eckert & Ziegler Strahlen – und Medizintechnik AG

     409        13,775  

Fielmann AG

     19,361        625,152  

Hapag-Lloyd AG(a)(b)

     40,918        7,002,903  

 

See Notes to Financial Statements.

 

60   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

September 30, 2022

 

 

 

Investments    Shares      Value  

Nemetschek SE

     3,966      $ 191,273  

Puma SE

     1,604        75,378  

Varta AG(a)

     9,751        280,368  

VERBIO Vereinigte BioEnergie AG

     1,700        100,757  
     

 

 

 
Total Germany

 

     11,042,125  
Hong Kong – 0.7%      

Kingboard Laminates Holdings Ltd.(a)

     286,500        258,036  

Techtronic Industries Co. Ltd.

     233,500        2,256,204  
     

 

 

 
Total Hong Kong

 

     2,514,240  
India – 3.2%      

Asian Paints Ltd.

     12,296        505,201  

Berger Paints India Ltd.

     1,214        9,207  

Colgate-Palmolive India Ltd.

     9,172        183,708  

Eicher Motors Ltd.

     6,479        292,415  

ICICI Securities Ltd.(b)

     24,803        159,502  

Infosys Ltd.

     355,252        6,172,381  

L&T Technology Services Ltd.(b)

     3,138        138,541  

Larsen & Toubro Infotech Ltd.(b)

     3,952        216,560  

Marico Ltd.

     71,651        473,717  

Mphasis Ltd.

     14,518        372,563  

Nestle India Ltd.

     1,421        334,411  

Page Industries Ltd.

     147        91,553  

Pidilite Industries Ltd.

     10,459        345,881  

Supreme Industries Ltd.

     8,333        218,529  

Tata Consultancy Services Ltd.

     66,403        2,452,466  
     

 

 

 
Total India

 

     11,966,635  
Indonesia – 0.2%      

Bukit Asam Tbk PT

     747,400        204,673  

Sarana Menara Nusantara Tbk PT

     2,524,200        204,721  

Sumber Alfaria Trijaya Tbk PT

     1,203,200        188,846  
     

 

 

 
Total Indonesia

 

     598,240  
Israel – 0.3%      

Maytronics Ltd.

     13,969        173,697  

Strauss Group Ltd.

     38,603        919,969  
     

 

 

 
Total Israel

 

     1,093,666  
Italy – 1.1%      

Carel Industries SpA(b)

     7,919        148,485  

De’ Longhi SpA(a)

     20,713        305,793  

DiaSorin SpA(a)

     3,087        347,176  

Ferrari NV

     9,842        1,848,316  

Interpump Group SpA

     10,312        337,614  

Moncler SpA

     19,559        812,233  

Technogym SpA(b)

     41,665        262,046  
     

 

 

 
Total Italy

 

     4,061,663  
Japan – 7.8%      

BayCurrent Consulting, Inc.

     700        182,079  

Benefit One, Inc.

     17,000        238,772  

Fast Retailing Co. Ltd.(a)

     6,900        3,656,769  

Hoya Corp.

     24,200        2,320,605  

Japan Elevator Service Holdings Co. Ltd.(a)

     4,500        58,914  

JCR Pharmaceuticals Co. Ltd.

     12,300        183,975  

Justsystems Corp.(a)

     2,700      62,396  

Kakaku.com, Inc.

     31,200        530,688  

Koei Tecmo Holdings Co. Ltd.(a)

     71,200        1,168,262  

Lasertec Corp.(a)

     3,900        395,941  

M3, Inc.

     11,900        333,047  

Milbon Co. Ltd.

     4,500        198,038  

MonotaRO Co. Ltd.(a)

     24,500        376,103  

Nihon M&A Center Holdings, Inc.

     21,600        248,166  

Nippon Shinyaku Co. Ltd.(a)

     11,400        582,818  

Nomura Research Institute Ltd.

     66,900        1,640,782  

Olympus Corp.

     78,700        1,510,712  

Recruit Holdings Co. Ltd.

     57,600        1,655,833  

Shionogi & Co. Ltd.

     53,800        2,597,728  

SMS Co. Ltd.

     1,200        24,283  

Systena Corp.

     51,200        142,551  

Toei Animation Co. Ltd.(a)

     2,200        187,861  

Tokyo Electron Ltd.

     39,200        9,668,313  

West Holdings Corp.

     6,900        198,546  

Workman Co. Ltd.(a)

     6,300        199,344  

ZOZO, Inc.

     38,252        764,802  
     

 

 

 
Total Japan

 

     29,127,328  
Malaysia – 0.1%      

Fraser & Neave Holdings Bhd

     53,800        250,610  

ViTrox Corp. Bhd

     1,600        2,495  

Westports Holdings Bhd

     124,200        81,961  
     

 

 

 
Total Malaysia

 

     335,066  
Mexico – 1.4%      

America Movil SAB de CV, Series L

     2,812,700        2,326,256  

Grupo Mexico SAB de CV, Series B

     842,915        2,855,620  

Sitios Latinoamerica SAB de CV*(a)

     140,635        62,877  
     

 

 

 
Total Mexico

 

     5,244,753  
Netherlands – 3.4%      

ASM International NV(a)

     3,579        819,567  

ASML Holding NV

     21,250        9,026,493  

BE Semiconductor Industries NV

     24,626        1,075,727  

STMicroelectronics NV(a)

     56,057        1,771,048  
     

 

 

 
Total Netherlands

 

     12,692,835  
Norway – 1.2%      

AF Gruppen ASA

     38,833        493,197  

Aker BP ASA(a)

     125,812        3,609,060  

TOMRA Systems ASA

     21,659        382,368  
     

 

 

 
Total Norway

 

     4,484,625  
Philippines – 0.1%      

Manila Electric Co.

     62,050        278,365  

San Miguel Food and Beverage, Inc.

     68,100        44,142  
     

 

 

 
Total Philippines

 

     322,507  
Poland – 0.1%      

CD Projekt SA

     11,404        231,359  

KGHM Polska Miedz SA

     5,866        104,113  
     

 

 

 
Total Poland

 

     335,472  

 

See Notes to Financial Statements.

 

WisdomTree Trust      61  


Schedule of Investments (unaudited) (continued)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

September 30, 2022

 

 

 

Investments    Shares      Value  
Portugal – 0.6%      

Jeronimo Martins SGPS SA

     112,014      $ 2,090,442  
Russia – 0.0%      

Evraz PLC

     243,480        0  

Lukoil PJSC, ADR

     70,640        0  

Magnitogorsk Iron & Steel Works PJSC, GDR(c)

     54,588        0  

MMC Norilsk Nickel PJSC, ADR

     16,221        0  

Novatek PJSC

     97,470        0  

PhosAgro PJSC

     8,670        0  
     

 

 

 
Total Russia

 

     0  
South Africa – 1.8%      

Anglo American Platinum Ltd.

     15,362        1,101,141  

Capitec Bank Holdings Ltd.

     8,318        718,757  

Clicks Group Ltd.

     31,413        498,937  

Gold Fields Ltd.

     139,259        1,142,509  

Impala Platinum Holdings Ltd.

     313,362        2,958,305  

Mr. Price Group Ltd.

     40,632        390,641  
     

 

 

 
Total South Africa

 

     6,810,290  
South Korea – 0.5%      

Coway Co. Ltd.

     3,938        148,360  

DB HiTek Co. Ltd.

     1,682        43,910  

Fila Holdings Corp.

     1,649        36,076  

Kumho Petrochemical Co. Ltd.

     1,687        136,191  

LG H&H Co. Ltd.

     258        114,150  

Macquarie Korea Infrastructure Fund

     131,434        1,079,436  

Seegene, Inc.

     9,387        175,838  
     

 

 

 
Total South Korea

 

     1,733,961  
Spain – 3.8%      

Cie Automotive SA

     28,133        586,487  

Industria de Diseno Textil SA(a)

     652,593        13,604,571  

Laboratorios Farmaceuticos Rovi SA

     3,986        172,596  
     

 

 

 
Total Spain

 

     14,363,654  
Sweden – 2.2%      

AddLife AB, Class B

     5,119        53,646  

AddTech AB, Class B

     19,832        263,414  

Atlas Copco AB, Class B

     287,965        2,419,970  

Epiroc AB, Class B

     62,975        800,133  

EQT AB(a)

     74,226        1,465,458  

Evolution AB(b)

     11,932        953,485  

Hexpol AB

     53,067        439,455  

HMS Networks AB

     1,075        29,216  

Husqvarna AB, Class B

     102,852        575,545  

Instalco AB(a)

     10,817        43,711  

Lagercrantz Group AB, Class B(a)

     24,187        212,828  

Lifco AB, Class B(a)

     41,849        589,035  

Mycronic AB

     12,040        146,465  

Thule Group AB(a)(b)

     17,534        353,129  

Troax Group AB

     3,869        54,945  

Vitrolife AB

     1,028        14,729  
     

 

 

 
Total Sweden

 

     8,415,164  
Investments    Shares      Value  
Switzerland – 8.7%      

EMS-Chemie Holding AG, Registered Shares(a)

     3,484      $ 2,224,734  

Kuehne + Nagel International AG, Registered Shares(a)

     21,091        4,328,557  

Logitech International SA, Registered Shares(a)

     19,580        914,098  

Partners Group Holding AG

     6,075        4,966,162  

Roche Holding AG, Bearer Shares(a)

     43,076        16,972,185  

Schindler Holding AG, Participation Certificate

     6,422        1,009,055  

SFS Group AG

     7,532        651,995  

Straumann Holding AG, Registered Shares

     5,445        508,071  

Temenos AG, Registered Shares

     4,914        336,703  

VAT Group AG(b)

     3,863        799,877  
     

 

 

 
Total Switzerland

 

     32,711,437  
Taiwan – 7.1%      

Accton Technology Corp.

     80,000        686,636  

Advantech Co. Ltd.

     47,496        439,071  

Chicony Electronics Co. Ltd.

     323,000        838,300  

Eclat Textile Co. Ltd.

     21,283        262,778  

Elite Material Co. Ltd.

     51,000        257,016  

Feng TAY Enterprise Co. Ltd.

     75,620        376,326  

Giant Manufacturing Co. Ltd.

     32,000        207,125  

Lotes Co. Ltd.

     10,000        240,637  

Macronix International Co. Ltd.

     501,000        491,548  

Makalot Industrial Co. Ltd.

     16,000        92,475  

MediaTek, Inc.

     390,000        6,768,402  

Merida Industry Co. Ltd.

     22,000        125,075  

Micro-Star International Co. Ltd.

     179,000        606,082  

momo.com, Inc.

     3,120        52,477  

Nien Made Enterprise Co. Ltd.

     29,000        229,724  

Novatek Microelectronics Corp.

     136,000        938,108  

Realtek Semiconductor Corp.(a)

     88,000        748,370  

Taiwan Semiconductor Manufacturing Co. Ltd.

     954,000        12,680,336  

Wan Hai Lines Ltd.

     52,900        111,302  

Wiwynn Corp.

     18,000        458,093  
     

 

 

 
Total Taiwan

 

     26,609,881  
Thailand – 0.2%      

Carabao Group PCL, NVDR

     48,900        110,518  

Home Product Center PCL, NVDR

     317,000        113,454  

Krungthai Card PCL, NVDR

     98,200        149,695  

Muangthai Capital PCL, NVDR

     71,000        68,233  

Srisawad Corp. PCL, NVDR

     125,400        142,953  
     

 

 

 
Total Thailand

 

     584,853  
Turkey – 0.6%      

BIM Birlesik Magazalar AS

     188,900        1,178,937  

Coca-Cola Icecek AS

     1,300        9,439  

Ford Otomotiv Sanayi AS

     11,586        204,365  

Iskenderun Demir ve Celik AS

     14,748        19,777  

Tofas Turk Otomobil Fabrikasi AS

     26,656        131,565  

Turk Telekomunikasyon AS

     222,107        129,753  

Turkcell Iletisim Hizmetleri AS

     504,597        539,478  
     

 

 

 
Total Turkey

 

     2,213,314  

 

See Notes to Financial Statements.

 

62   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

September 30, 2022

 

 

 

Investments    Shares      Value  
United Kingdom – 9.9%      

Anglo American PLC

     702,442      $ 21,450,029  

Antofagasta PLC

     295,786        3,683,222  

Ashtead Group PLC

     38,020        1,734,168  

Auto Trader Group PLC(b)

     90,770        521,831  

Computacenter PLC

     28,268        609,969  

Dunelm Group PLC

     55,769        454,461  

Ferrexpo PLC

     600,594        815,258  

Fevertree Drinks PLC(a)

     11,810        110,412  

Fresnillo PLC(a)

     179,777        1,543,669  

Games Workshop Group PLC

     3,967        256,623  

Gamma Communications PLC

     7,870        92,773  

Greggs PLC

     1,309        25,016  

Howden Joinery Group PLC

     113,165        638,199  

Impax Asset Management Group PLC(a)

     10,909        63,933  

Kainos Group PLC

     15,545        223,331  

Pagegroup PLC

     22,993        95,122  

Rightmove PLC

     110,350        593,992  

RS Group PLC

     73,924        799,632  

Softcat PLC

     32,572        432,685  

Spirax-Sarco Engineering PLC

     6,765        785,384  

Synthomer PLC(a)

     120,556        143,324  

Taylor Wimpey PLC

     1,850,701        1,824,222  

Victrex PLC

     17,557        327,301  
     

 

 

 
Total United Kingdom

 

     37,224,556  
United States – 0.0%      

JS Global Lifestyle Co. Ltd.(b)

     80,500        77,835  

TOTAL COMMON STOCKS

(Cost: $511,878,665)

              372,824,979  
RIGHTS – 0.0%      
Brazil – 0.0%      

Localiza Rent a Car SA, expiring 10/31/22*

     
(Cost: $0)      145      295  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 10.4%

 

United States – 10.4%      

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(d)

     
(Cost: $39,046,000)      39,046,000        39,046,000  

TOTAL INVESTMENTS IN SECURITIES – 109.9%

(Cost: $550,924,665)

 

 

     411,871,274  

Other Assets less Liabilities – (9.9)%

        (37,090,985
     

 

 

 
NET ASSETS – 100.0%             $ 374,780,289  
* 

Non-income producing security.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $45,730,219 and the total market value of the collateral held by the Fund was $48,654,942. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $9,608,942.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933.

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

INVESTMENT IN AFFILIATES                         

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate   Value at
3/31/2022
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2022
    Dividend
Income
 

WisdomTree Emerging Markets High Dividend Fund^

  $ 166,769     $ 2,839,952     $ 2,676,106     $ (323,013   $ (7,602   $     $ 101,493  

WisdomTree International Equity Fund^

    246,448       4,272,859       4,108,726       (404,949     (5,632           64,747  

Total

  $ 413,217     $ 7,112,811     $ 6,784,832     $ (727,962   $ (13,234   $     $ 166,240  

 

^ 

As of September 30,2022, the Fund did not hold a position in this affiliate.

 

See Notes to Financial Statements.

 

WisdomTree Trust      63  


Schedule of Investments (unaudited) (concluded)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

September 30, 2022

 

FAIR VALUATION SUMMARY                         

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

           

Russia

   $      $      $ 0 *     $ 0  

Other

     372,824,979                      372,824,979  

Rights

     295                      295  

Investment of Cash Collateral for Securities Loaned

            39,046,000               39,046,000  

Total Investments in Securities

   $ 372,825,274      $ 39,046,000      $ 0      $ 411,871,274  
* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

 

See Notes to Financial Statements.

 

64   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.0%

 

Australia – 4.5%

 

Alumina Ltd.

     11,384      $ 9,259  

APA Group

     7,154        44,111  

Atlas Arteria Ltd.(a)

     10,264        41,113  

Australia & New Zealand Banking Group Ltd.(a)

     8,738        128,093  

Bendigo & Adelaide Bank Ltd.(a)

     7,896        39,548  

BHP Group Ltd.

     45,678        1,131,281  

Coles Group Ltd.(a)

     7,604        80,326  

Commonwealth Bank of Australia(a)

     7,129        415,732  

Fortescue Metals Group Ltd.

     31,313        338,632  

GPT Group

     14,780        36,396  

Growthpoint Properties Australia Ltd.

     13,256        26,165  

Insurance Australia Group Ltd.(a)

     9,187        27,171  

JB Hi-Fi Ltd.(a)

     1,229        29,995  

Magellan Financial Group Ltd.(a)

     3,618        26,193  

Medibank Pvt Ltd.

     15,661        34,940  

Mirvac Group(a)

     15,021        18,784  

National Australia Bank Ltd.(a)

     12,580        233,024  

Newcrest Mining Ltd.

     3,375        36,716  

Rio Tinto Ltd.

     13,079        729,667  

Scentre Group

     22,292        36,405  

Stockland

     13,098        27,538  

Suncorp Group Ltd.

     8,718        56,221  

Telstra Corp. Ltd.(a)

     69,041        170,901  

Vicinity Centres

     39,333        43,877  

Wesfarmers Ltd.

     5,255        144,338  

Westpac Banking Corp.(a)

     10,309        136,805  

Worley Ltd.(a)

     2,523        20,650  
     

 

 

 
Total Australia

 

     4,063,881  
Austria – 0.3%      

BAWAG Group AG(b)

     1,718        74,828  

Oesterreichische Post AG(a)

     818        21,877  

OMV AG

     1,372        50,228  

Strabag SE, Bearer Shares

     1,654        62,545  

Telekom Austria AG*

     3,413        19,761  
     

 

 

 
Total Austria

 

     229,239  
Belgium – 0.2%      

Cofinimmo SA

     360        29,907  

Etablissements Franz Colruyt NV(a)

     2,182        48,096  

Proximus SADP

     3,242        33,650  

Solvay SA

     577        45,017  

Telenet Group Holding NV

     1,281        17,707  
     

 

 

 
Total Belgium

 

     174,377  
Brazil – 1.8%      

B3 SA – Brasil Bolsa Balcao

     49,049        118,341  

Banco Bradesco SA

     11,719        35,338  

Banco do Brasil SA

     9,718        69,208  

Cia Siderurgica Nacional SA

     11,826        27,811  

Engie Brasil Energia SA

     4,592        32,694  

Gerdau SA

     5,429        20,155  

JBS SA

     6,612        30,708  

Petroleo Brasileiro SA

     42,441      259,565  

Telefonica Brasil SA

     4,957        37,107  

Transmissora Alianca de Energia Eletrica SA

     4,957        35,696  

Vale SA

     64,469        858,657  

Vibra Energia SA

     24,298        77,492  
     

 

 

 
Total Brazil

 

     1,602,772  
Canada – 4.8%      

Algonquin Power & Utilities Corp.(a)

     3,776        41,469  

Allied Properties Real Estate Investment Trust

     1,121        22,321  

AltaGas Ltd.(a)

     2,542        48,933  

Atco Ltd., Class I(a)

     530        16,374  

Bank of Montreal

     2,351        207,151  

Bank of Nova Scotia

     6,213        297,074  

BCE, Inc.(a)

     3,952        166,588  

Canadian Imperial Bank of Commerce(a)

     4,096        180,229  

Canadian Natural Resources Ltd.

     5,780        270,481  

Canadian Utilities Ltd., Class A(a)

     124        3,242  

Canadian Western Bank(a)

     1,782        29,167  

Capital Power Corp.

     1,453        49,595  

Choice Properties Real Estate Investment Trust

     425        3,894  

Dream Industrial Real Estate Investment Trust

     3,789        29,588  

Emera, Inc.(a)

     581        23,632  

Enbridge, Inc.(a)

     9,686        361,062  

First National Financial Corp.(a)

     1,524        39,940  

Fortis, Inc.(a)

     1,569        59,926  

Gibson Energy, Inc.(a)

     1,927        30,811  

Granite Real Estate Investment Trust

     608        29,501  

Great-West Lifeco, Inc.(a)

     4,996        108,425  

H&R Real Estate Investment Trust

     2,084        15,773  

Hydro One Ltd.(a)(b)

     2,435        59,863  

IGM Financial, Inc.(a)

     2,476        62,024  

Innergex Renewable Energy, Inc.

     2,587        32,741  

Keyera Corp.(a)

     1,916        39,657  

Manulife Financial Corp.(a)

     10,534        166,207  

National Bank of Canada

     691        43,540  

NorthWest Healthcare Properties Real Estate Investment Trust

     2,053        15,838  

Parkland Corp.(a)

     755        16,264  

Pembina Pipeline Corp.(a)

     2,767        84,497  

Power Corp. of Canada(a)

     3,215        72,838  

Restaurant Brands International, Inc.(a)

     968        51,766  

RioCan Real Estate Investment Trust

     2,391        32,401  

Rogers Communications, Inc., Class B(a)

     1,740        67,381  

Royal Bank of Canada(a)

     5,416        490,221  

Shaw Communications, Inc., Class B

     1,529        37,378  

SmartCentres Real Estate Investment Trust

     1,457        27,517  

Sun Life Financial, Inc.(a)

     2,394        95,704  

Suncor Energy, Inc.

     4,013        113,610  

TC Energy Corp.(a)

     4,116        166,671  

TELUS Corp.(a)

     6,319        126,145  

Toronto-Dominion Bank

     7,762        478,583  

TransAlta Renewables, Inc.(a)

     2,690        28,622  
     

 

 

 
Total Canada

 

     4,344,644  

 

See Notes to Financial Statements.

 

WisdomTree Trust      65  


Schedule of Investments (unaudited) (continued)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2022

 

 

 

Investments    Shares      Value  
Chile – 0.1%      

Banco Santander Chile

     716,745      $ 25,305  

Cencosud SA

     63,553        81,271  

Empresas CMPC SA

     13,055        20,076  
     

 

 

 
Total Chile

 

     126,652  
China – 2.9%      

Agricultural Bank of China Ltd., Class H

     168,074        50,316  

Anhui Conch Cement Co. Ltd., Class H(a)

     6,000        19,032  

Bank of China Ltd., Class H

     827,000        270,754  

Bank of Communications Co. Ltd., Class H

     171,000        90,185  

BOC Hong Kong Holdings Ltd.

     47,000        156,569  

China CITIC Bank Corp. Ltd., Class H

     15,000        5,962  

China Construction Bank Corp., Class H

     1,040,536        601,795  

China Everbright Environment Group Ltd.

     33,000        13,705  

China Hongqiao Group Ltd.

     22,000        18,217  

China Life Insurance Co. Ltd., Class H

     54,000        69,203  

China Merchants Port Holdings Co. Ltd.

     50,000        62,867  

China National Building Material Co. Ltd., Class H

     22,000        16,843  

China Pacific Insurance Group Co. Ltd., Class H

     16,000        29,473  

China Petroleum & Chemical Corp., Class H

     192,000        82,426  

China Resources Land Ltd.

     10,000        39,364  

China Shenhua Energy Co. Ltd., Class H

     40,500        120,986  

China Vanke Co. Ltd., Class H(a)

     12,600        22,953  

CIFI Holdings Group Co. Ltd.(a)

     24,960        2,544  

CITIC Ltd.

     44,000        41,478  

Guangdong Investment Ltd.(a)

     32,000        25,641  

Haitong Securities Co. Ltd., Class H

     37,600        19,926  

Hengan International Group Co. Ltd.

     10,000        44,714  

Industrial & Commercial Bank of China Ltd., Class H

     657,000        307,999  

Kingboard Holdings Ltd.

     5,500        15,554  

Lenovo Group Ltd.

     50,000        34,777  

Longfor Group Holdings Ltd.(a)(b)

     8,500        24,417  

New China Life Insurance Co. Ltd., Class H

     8,000        15,266  

PetroChina Co. Ltd., Class H

     184,000        75,476  

PICC Property & Casualty Co. Ltd., Class H

     28,000        29,035  

Ping An Insurance Group Co. of China Ltd., Class H

     26,000        129,836  

Postal Savings Bank of China Co. Ltd., Class H(a)(b)

     45,000        26,542  

Sinopharm Group Co. Ltd., Class H

     25,200        50,529  

SITC International Holdings Co. Ltd.

     9,000        16,647  

Tingyi Cayman Islands Holding Corp.

     32,000        55,196  

Wilmar International Ltd.

     25,500        68,242  

Xinyi Glass Holdings Ltd.

     12,000        17,458  
     

 

 

 
Total China

 

     2,671,927  
Denmark – 0.2%      

Tryg A/S

     7,851        162,297  
Finland – 0.7%      

Elisa Oyj

     1,454        66,022  

Fortum Oyj

     6,881        92,823  

Nokian Renkaat Oyj

     880        8,535  

Nordea Bank Abp

     33,984        292,971  

Orion Oyj, Class B

     478        20,173  

Sampo Oyj, Class A

     1,621      69,491  

TietoEVRY Oyj(a)

     2,088        47,579  

UPM-Kymmene Oyj

     2,017        64,377  

Valmet Oyj

     619        12,631  
     

 

 

 
Total Finland

 

     674,602  
France – 2.0%      

ALD SA(a)(b)

     5,048        46,782  

Amundi SA(b)

     749        31,522  

AXA SA

     18,448        406,181  

BNP Paribas SA

     5,070        216,578  

Bouygues SA(a)

     1,647        43,322  

Covivio

     1,008        48,900  

Credit Agricole SA

     16,138        132,231  

Danone SA

     2,265        107,772  

Eiffage SA

     342        27,648  

Engie SA

     9,366        108,655  

Eutelsat Communications SA(a)

     1,781        13,819  

ICADE

     709        26,533  

Klepierre SA*

     1,310        22,972  

Metropole Television SA

     1,710        20,756  

Nexity SA

     865        17,694  

Orange SA

     20,850        188,897  

Publicis Groupe SA

     1,231        58,971  

Sanofi

     4,140        317,971  
     

 

 

 
Total France

 

     1,837,204  
Germany – 1.6%      

Allianz SE, Registered Shares

     1,672        265,024  

BASF SE

     3,878        150,444  

Bayer AG, Registered Shares

     3,646        169,357  

Deutsche Telekom AG, Registered Shares

     14,878        254,950  

DWS Group GmbH & Co. KGaA(b)

     1,831        44,054  

E.ON SE

     14,918        115,396  

Evonik Industries AG

     1,938        32,750  

Freenet AG

     3,860        73,549  

Hannover Rueck SE

     408        61,633  

HeidelbergCement AG

     696        27,853  

Hochtief AG

     788        37,718  

Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares

     452        109,594  

Talanx AG*

     974        34,732  

Vonovia SE

     2,092        45,518  
     

 

 

 
Total Germany

 

     1,422,572  
Hong Kong – 1.0%      

Bank of East Asia Ltd.

     24,800        27,170  

CLP Holdings Ltd.

     17,000        128,530  

Hang Lung Properties Ltd.

     33,000        54,146  

Hang Seng Bank Ltd.

     9,600        145,775  

Henderson Land Development Co. Ltd.

     32,100        89,963  

Hysan Development Co. Ltd.

     3,000        7,559  

Link REIT

     7,900        55,251  

Power Assets Holdings Ltd.

     19,000        95,364  

Sino Land Co. Ltd.

     64,000        84,628  

Sun Hung Kai Properties Ltd.

     8,000        88,511  

 

See Notes to Financial Statements.

 

66   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2022

 

 

 

Investments    Shares      Value  

Swire Pacific Ltd., Class A

     2,000      $ 14,968  

Swire Properties Ltd.

     32,600        70,184  
     

 

 

 
Total Hong Kong

 

     862,049  
India – 0.6%      

Ambuja Cements Ltd.

     10,424        66,067  

Bharat Petroleum Corp. Ltd.

     13,964        52,319  

Coal India Ltd.

     11,043        28,812  

Hindustan Petroleum Corp. Ltd.

     7,577        20,146  

ITC Ltd.

     33,505        136,818  

NTPC Ltd.

     44,862        88,041  

Power Finance Corp. Ltd.

     18,597        23,912  

Power Grid Corp. of India Ltd.

     25,850        67,428  

REC Ltd.

     14,549        16,811  

Vedanta Ltd.

     11,094        36,827  
     

 

 

 
Total India

 

     537,181  
Indonesia – 0.3%      

Bank Mandiri Persero Tbk PT

     216,300        133,878  

Telkom Indonesia Persero Tbk PT

     424,700        124,391  
     

 

 

 
Total Indonesia

 

     258,269  
Italy – 1.2%      

A2A SpA(a)

     21,043        20,611  

ACEA SpA

     1,813        19,786  

Assicurazioni Generali SpA(a)

     10,712        147,126  

Azimut Holding SpA

     1,002        14,434  

Banca Mediolanum SpA

     5,337        33,828  

Enel SpA

     44,867        185,661  

Eni SpA(a)

     17,040        182,123  

Intesa Sanpaolo SpA

     111,881        186,634  

Iren SpA

     25,122        33,397  

Italgas SpA

     6,190        28,962  

Poste Italiane SpA(b)

     4,195        32,014  

Snam SpA

     25,140        102,109  

Terna – Rete Elettrica Nazionale(a)

     13,028        79,768  

Unipol Gruppo SpA

     3,755        14,692  

UnipolSai Assicurazioni SpA(a)

     18,438        38,474  
     

 

 

 
Total Italy

 

     1,119,619  
Japan – 4.6%      

Aisin Corp.(a)

     900        23,068  

Canon, Inc.(a)

     4,000        87,658  

Chubu Electric Power Co., Inc.(a)

     3,800        34,234  

Chugoku Electric Power Co., Inc.(a)

     3,400        17,241  

Concordia Financial Group Ltd.

     15,900        49,102  

Daito Trust Construction Co. Ltd.

     200        18,750  

Daiwa House Industry Co. Ltd.

     3,300        67,108  

ENEOS Holdings, Inc.(a)

     21,000        67,478  

Haseko Corp.

     3,100        33,646  

Honda Motor Co. Ltd.

     5,000        108,363  

Hulic Co. Ltd.

     3,500        25,704  

Idemitsu Kosan Co. Ltd.(a)

     3,000        64,976  

Inpex Corp.

     5,100        47,883  

Isuzu Motors Ltd.

     3,300        36,410  

Japan Post Holdings Co. Ltd.

     17,300        114,465  

Japan Post Insurance Co. Ltd.

     3,400      47,590  

Japan Tobacco, Inc.

     17,400        285,382  

JFE Holdings, Inc.

     3,300        30,573  

Kajima Corp.(a)

     3,400        32,251  

Kansai Electric Power Co., Inc.

     4,400        36,843  

KDDI Corp.

     9,900        290,205  

Marubeni Corp.

     5,569        48,786  

Mitsubishi Corp.(a)

     4,500        123,362  

Mitsubishi HC Capital, Inc.(a)

     8,100        34,807  

Mitsubishi Heavy Industries Ltd.

     900        29,883  

Mitsubishi UFJ Financial Group, Inc.(a)

     48,000        216,049  

Mitsui OSK Lines Ltd.(a)

     3,800        68,310  

Mizuho Financial Group, Inc.

     9,530        102,875  

MS&AD Insurance Group Holdings, Inc.

     3,200        84,806  

Nintendo Co. Ltd.

     3,000        121,331  

Nippon Steel Corp.(a)

     3,500        48,518  

Nippon Telegraph & Telephone Corp.

     17,800        480,340  

Nippon Yusen KK(a)

     2,400        40,905  

Resona Holdings, Inc.

     17,800        64,931  

SBI Holdings, Inc.(a)

     1,400        25,109  

Sekisui House Ltd.

     3,300        54,740  

Shimizu Corp.

     3,800        18,613  

SoftBank Corp.(a)

     35,500        354,767  

Sompo Holdings, Inc.

     1,200        47,769  

Sumitomo Chemical Co. Ltd.(a)

     5,500        18,885  

Sumitomo Corp.

     4,686        58,354  

Sumitomo Metal Mining Co. Ltd.

     900        25,866  

Sumitomo Mitsui Financial Group, Inc.(a)

     5,300        147,343  

Sumitomo Mitsui Trust Holdings, Inc.

     900        25,487  

Sumitomo Rubber Industries Ltd.

     1,100        8,747  

Taisei Corp.

     900        24,996  

Takeda Pharmaceutical Co. Ltd.

     8,100        210,803  

Tokio Marine Holdings, Inc.(a)

     3,600        63,795  

Tosoh Corp.

     3,500        38,931  

Yamaha Motor Co. Ltd.

     1,000        18,702  
     

 

 

 
Total Japan

 

     4,126,740  
Malaysia – 0.4%      

Hartalega Holdings Bhd

     35,700        12,780  

Malayan Banking Bhd

     91,593        169,478  

Petronas Gas Bhd

     17,700        62,983  

Public Bank Bhd

     86,800        79,181  

Sime Darby Bhd

     35,300        16,291  

Tenaga Nasional Bhd

     21,200        36,804  
     

 

 

 
Total Malaysia

 

     377,517  
Mexico – 0.4%      

Arca Continental SAB de CV

     11,162        80,503  

Coca-Cola Femsa SAB de CV

     12,793        74,865  

Fibra Uno Administracion SA de CV

     44,575        45,955  

Grupo Aeroportuario del Pacifico SAB de CV, Class B

     5,178        65,551  

Grupo Mexico SAB de CV, Series B

     28,290        95,841  

Orbia Advance Corp. SAB de CV

     8,207        13,787  
     

 

 

 
Total Mexico

 

     376,502  

 

See Notes to Financial Statements.

 

WisdomTree Trust      67  


Schedule of Investments (unaudited) (continued)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2022

 

 

 

Investments    Shares      Value  
Netherlands – 0.6%      

ASR Nederland NV

     707      $ 27,407  

ING Groep NV

     14,753        128,023  

Koninklijke Ahold Delhaize NV(a)

     2,982        76,349  

Koninklijke KPN NV

     26,432        71,778  

NN Group NV

     2,835        111,009  

PostNL NV(a)

     14,845        25,057  

Randstad NV(a)

     1,313        57,342  

Signify NV(b)

     1,208        31,514  
     

 

 

 
Total Netherlands

 

     528,479  
Norway – 0.6%      

AF Gruppen ASA

     1,851        23,509  

Aker BP ASA(a)

     3,227        92,570  

DNB Bank ASA

     5,170        82,005  

Gjensidige Forsikring ASA

     2,388        40,979  

Kongsberg Gruppen ASA

     1,470        44,786  

Orkla ASA

     6,002        43,622  

Salmar ASA

     1,175        39,593  

Telenor ASA(a)

     10,972        100,344  

Yara International ASA

     1,535        53,992  
     

 

 

 
Total Norway

 

     521,400  
Poland – 0.0%      

Polski Koncern Naftowy Orlen SA

     1,691        18,331  

Powszechny Zaklad Ubezpieczen SA

     4,599        21,566  
     

 

 

 
Total Poland

 

     39,897  
Portugal – 0.2%      

EDP – Energias de Portugal SA

     29,309        127,484  

Galp Energia SGPS SA(a)

     7,215        69,437  
     

 

 

 
Total Portugal

 

     196,921  
Russia – 0.0%      

Evraz PLC

     5,263        0  

Magnit PJSC

     448        0  

Magnitogorsk Iron & Steel Works PJSC, GDR(c)

     1,299        0  

MMC Norilsk Nickel PJSC, ADR

     650        0  

Mobile TeleSystems PJSC, ADR

     3,583        0  

Novolipetsk Steel PJSC(c)

     11,640        0  

PhosAgro PJSC

     251        0  

Polyus PJSC

     83        0  

Sberbank of Russia PJSC, ADR*

     13,206        0  

Severstal PAO, GDR(c)

     1,737        0  

Tatneft PJSC, ADR

     2,209        0  
     

 

 

 
Total Russia

 

     0  
Singapore – 0.9%      

DBS Group Holdings Ltd.

     9,514        221,390  

Jardine Cycle & Carriage Ltd.

     700        16,484  

Keppel Corp. Ltd.

     5,500        26,639  

NetLink NBN Trust

     101,500        64,017  

Olam Group Ltd.

     26,700        24,376  

Oversea-Chinese Banking Corp. Ltd.

     20,613        169,943  

Singapore Exchange Ltd.

     4,000        26,371  

Singapore Technologies Engineering Ltd.

     16,900        42,165  

Singapore Telecommunications Ltd.

     53,000      98,251  

United Overseas Bank Ltd.

     8,113        147,910  

Venture Corp. Ltd.

     800        9,160  
     

 

 

 
Total Singapore

 

     846,706  
South Africa – 0.6%      

Anglo American Platinum Ltd.

     389        27,883  

Exxaro Resources Ltd.(a)

     3,669        41,325  

FirstRand Ltd.

     32,921        111,260  

Gold Fields Ltd.

     3,380        27,730  

Impala Platinum Holdings Ltd.

     7,200        67,972  

Kumba Iron Ore Ltd.

     613        13,228  

MultiChoice Group

     3,449        22,192  

Sanlam Ltd.

     8,524        24,468  

Sibanye Stillwater Ltd.(a)

     25,571        59,771  

SPAR Group Ltd.

     3,867        30,846  

Standard Bank Group Ltd.(a)

     8,610        68,985  

Vodacom Group Ltd.

     6,222        42,264  
     

 

 

 
Total South Africa

 

     537,924  
South Korea – 1.4%      

GS Holdings Corp.

     529        15,419  

Hana Financial Group, Inc.

     1,362        33,748  

KB Financial Group, Inc.

     1,705        52,078  

KT&G Corp.

     1,472        89,100  

LG Uplus Corp.

     1,457        10,948  

Macquarie Korea Infrastructure Fund

     3,637        29,870  

NH Investment & Securities Co. Ltd.

     1,796        11,285  

POSCO Holdings, Inc.

     314        46,309  

Samsung Electronics Co. Ltd.

     20,828        773,025  

Samsung Fire & Marine Insurance Co. Ltd.

     127        16,333  

Samsung Securities Co. Ltd.

     578        12,423  

Shinhan Financial Group Co. Ltd.

     2,279        53,363  

SK Telecom Co. Ltd.

     404        14,345  

Woori Financial Group, Inc.

     11,620        86,904  
     

 

 

 
Total South Korea

 

     1,245,150  
Spain – 0.7%      

Acerinox SA

     3,916        31,450  

Bankinter SA(a)

     3,312        18,708  

Cia de Distribucion Integral Logista Holdings SA

     2,221        40,579  

Enagas SA(a)

     2,707        42,006  

Fomento de Construcciones y Contratas SA(a)

     1,587        12,889  

Iberdrola SA(a)

     24,147        226,668  

Mapfre SA(a)

     18,917        29,466  

Naturgy Energy Group SA(a)

     6,024        140,041  

Red Electrica Corp. SA

     3,493        53,758  

Repsol SA

     6,444        74,523  
     

 

 

 
Total Spain

 

     670,088  
Sweden – 0.5%      

Axfood AB

     2,657        61,029  

Castellum AB(a)

     1,284        14,480  

Electrolux AB, Class B(a)

     2,698        28,255  

Orron Energy AB(a)

     40,250        72,448  

 

See Notes to Financial Statements.

 

68   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2022

 

 

 

Investments    Shares      Value  

Peab AB, Class B

     2,067      $ 9,955  

Skandinaviska Enskilda Banken AB, Class A

     8,653        83,275  

Svenska Handelsbanken AB, Class A

     6,305        52,054  

Tele2 AB, Class B(a)

     4,239        36,670  

Telia Co. AB

     19,066        55,029  
     

 

 

 
Total Sweden

 

     413,195  
Switzerland – 1.8%      

Adecco Group AG, Registered Shares

     1,866        51,965  

Baloise Holding AG, Registered Shares

     185        23,815  

Banque Cantonale Vaudoise, Registered Shares

     739        70,352  

Clariant AG, Registered Shares*(a)

     1,545        24,959  

Helvetia Holding AG, Registered Shares

     442        41,719  

Holcim AG*

     2,857        118,953  

Novartis AG, Registered Shares

     8,224        631,098  

PSP Swiss Property AG, Registered Shares

     220        22,129  

Sulzer AG, Registered Shares

     519        30,188  

Swiss Life Holding AG, Registered Shares

     123        54,799  

Swiss Prime Site AG, Registered Shares

     299        23,999  

Swisscom AG, Registered Shares

     274        129,031  

Zurich Insurance Group AG

     960        385,268  
     

 

 

 
Total Switzerland

 

     1,608,275  
Taiwan – 1.7%      

Acer, Inc.

     39,000        26,902  

ASE Technology Holding Co. Ltd.

     16,000        40,367  

Asia Cement Corp.

     36,000        44,675  

Asustek Computer, Inc.

     5,000        36,852  

Catcher Technology Co. Ltd.

     6,000        32,599  

Cathay Financial Holding Co. Ltd.

     48,000        60,399  

Chicony Electronics Co. Ltd.

     8,000        20,763  

China Development Financial Holding Corp.

     86,000        32,505  

Chunghwa Telecom Co. Ltd.

     26,000        93,357  

Compal Electronics, Inc.

     36,000        24,605  

CTBC Financial Holding Co. Ltd.

     124,480        77,827  

Far Eastern New Century Corp.

     10,000        10,189  

Far EasTone Telecommunications Co. Ltd.

     10,000        22,804  

First Financial Holding Co. Ltd.

     53,040        43,436  

Fubon Financial Holding Co. Ltd.

     44,888        70,551  

Hon Hai Precision Industry Co. Ltd.

     44,000        141,359  

Inventec Corp.

     34,000        24,524  

Lite-On Technology Corp.

     35,000        70,333  

MediaTek, Inc.

     7,000        121,484  

Mega Financial Holding Co. Ltd.

     56,314        55,252  

Novatek Microelectronics Corp.

     2,000        13,796  

Pegatron Corp.

     12,680        23,364  

Powertech Technology, Inc.

     7,000        16,999  

Quanta Computer, Inc.

     34,210        82,969  

Shanghai Commercial & Savings Bank Ltd.

     27,000        41,841  

Shin Kong Financial Holding Co. Ltd.

     53,000        13,705  

SinoPac Financial Holdings Co. Ltd.

     87,424        47,637  

Synnex Technology International Corp.

     34,000        56,543  

Taiwan Cement Corp.

     42,732        45,492  

Taiwan Mobile Co. Ltd.

     7,000        21,078  

Uni-President Enterprises Corp.

     35,000      74,191  

Wistron Corp.

     33,000        27,596  

WPG Holdings Ltd.

     11,000        16,093  

Yuanta Financial Holding Co. Ltd.

     83,430        51,373  
     

 

 

 
Total Taiwan

 

     1,583,460  
Thailand – 0.2%      

Land & Houses PCL, NVDR

     213,400        50,352  

PTT Exploration & Production PCL, NVDR

     21,500        91,483  

PTT PCL, NVDR

     31,300        28,213  

Siam Cement PCL, NVDR

     700        6,050  

Tisco Financial Group PCL, NVDR

     18,100        44,506  
     

 

 

 
Total Thailand

 

     220,604  
Turkey – 0.2%      

BIM Birlesik Magazalar AS

     11,556        72,121  

Eregli Demir ve Celik Fabrikalari TAS

     24,132        37,724  

Turkcell Iletisim Hizmetleri AS

     27,425        29,321  
     

 

 

 
Total Turkey

 

     139,166  
United Kingdom – 3.2%      

Abrdn PLC

     20,502        31,835  

Admiral Group PLC

     3,021        64,564  

Anglo American PLC

     7,031        214,701  

Antofagasta PLC

     3,146        39,175  

Aviva PLC

     12,904        55,919  

BAE Systems PLC

     16,216        142,969  

Barratt Developments PLC

     8,174        31,225  

BP PLC

     75,543        365,227  

Direct Line Insurance Group PLC

     10,242        21,209  

Ferrexpo PLC

     23,908        32,453  

Hargreaves Lansdown PLC(a)

     1,540        14,908  

HSBC Holdings PLC

     62,473        325,888  

Imperial Brands PLC

     10,489        217,200  

J. Sainsbury PLC

     7,731        15,042  

Kingfisher PLC

     7,535        18,539  

Land Securities Group PLC

     3,652        21,272  

Legal & General Group PLC

     31,525        76,189  

National Grid PLC

     18,578        193,077  

Schroders PLC

     6,705        29,138  

Severn Trent PLC

     1,109        29,154  

Shell PLC

     11,644        292,004  

SSE PLC

     8,109        138,270  

St. James’s Place PLC

     2,023        23,396  

Tate & Lyle PLC

     3,395        25,771  

Taylor Wimpey PLC

     33,675        33,193  

Tesco PLC

     27,570        63,646  

Unilever PLC

     8,179        362,378  

United Utilities Group PLC

     4,368        43,338  
     

 

 

 
Total United Kingdom

 

     2,921,680  
United States – 58.8%      

3M Co.

     6,592        728,416  

AbbVie, Inc.

     20,070        2,693,595  

Agree Realty Corp.

     450        30,411  

 

See Notes to Financial Statements.

 

WisdomTree Trust      69  


Schedule of Investments (unaudited) (continued)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2022

 

 

 

Investments    Shares      Value  

ALLETE, Inc.

     357      $ 17,868  

Alliant Energy Corp.

     1,742        92,309  

Altria Group, Inc.

     31,715        1,280,652  

Ameren Corp.

     1,617        130,249  

American Electric Power Co., Inc.

     4,033        348,653  

American Financial Group, Inc.

     1,156        142,107  

Americold Realty Trust, Inc.

     1,882        46,297  

Amgen, Inc.

     4,425        997,395  

Antero Midstream Corp.

     9,852        90,441  

Apartment Income REIT Corp.

     974        37,616  

Apollo Global Management, Inc.

     1,800        83,700  

Artisan Partners Asset Management, Inc., Class A

     1,371        36,921  

Associated Banc-Corp.

     709        14,237  

Atlantic Union Bankshares Corp.

     264        8,020  

Atmos Energy Corp.

     792        80,665  

AvalonBay Communities, Inc.

     1,329        244,789  

Avangrid, Inc.(a)

     3,128        130,438  

Avista Corp.

     485        17,969  

Baker Hughes Co.

     4,000        83,840  

Bank of Hawaii Corp.

     187        14,234  

Bank of New York Mellon Corp.

     3,710        142,909  

Bank OZK

     889        35,169  

Black Hills Corp.

     404        27,363  

Blackstone, Inc.

     6,267        524,548  

Boston Properties, Inc.

     1,107        82,992  

Brandywine Realty Trust

     2,055        13,871  

Bristol-Myers Squibb Co.

     17,586        1,250,189  

Brixmor Property Group, Inc.

     4,010        74,065  

Broadcom, Inc.

     2,854        1,267,205  

Broadstone Net Lease, Inc.

     2,285        35,486  

Cabot Corp.

     255        16,292  

Campbell Soup Co.

     2,220        104,606  

Cardinal Health, Inc.

     2,593        172,901  

Cathay General Bancorp

     360        13,846  

CenterPoint Energy, Inc.

     3,756        105,844  

Chemours Co.

     953        23,491  

Cisco Systems, Inc.

     40,433        1,617,320  

Citigroup, Inc.

     13,228        551,211  

Citizens Financial Group, Inc.

     4,249        145,996  

Clearway Energy, Inc., Class C

     796        25,353  

Clorox Co.

     710        91,157  

CME Group, Inc.

     2,360        418,027  

CMS Energy Corp.

     2,528        147,231  

CNA Financial Corp.

     2,129        78,560  

Coca-Cola Co.

     47,030        2,634,621  

Cogent Communications Holdings, Inc.

     482        25,141  

Cohen & Steers, Inc.

     402        25,177  

Columbia Banking System, Inc.

     225        6,500  

Comerica, Inc.

     1,055        75,011  

Compass Minerals International, Inc.

     75        2,890  

Conagra Brands, Inc.

     3,610        117,794  

ConocoPhillips

     7,024        718,836  

Consolidated Edison, Inc.

     3,395        291,155  

Corporate Office Properties Trust

     1,221      28,364  

Cousins Properties, Inc.

     1,149        26,829  

Crown Castle International Corp.

     4,717        681,842  

CubeSmart

     1,970        78,918  

Cullen/Frost Bankers, Inc.

     277        36,625  

CVB Financial Corp.

     436        11,040  

Devon Energy Corp.

     7,513        451,757  

Digital Realty Trust, Inc.

     2,057        204,013  

Dominion Energy, Inc.

     9,715        671,404  

Douglas Emmett, Inc.

     908        16,280  

DTE Energy Co.

     1,523        175,221  

Duke Energy Corp.

     10,274        955,687  

Eastman Chemical Co.

     627        44,548  

Energizer Holdings, Inc.

     578        14,531  

Entergy Corp.

     1,498        150,744  

Equitrans Midstream Corp.

     5,771        43,167  

Equity Commonwealth

     2,084        50,766  

Equity Residential

     2,340        157,295  

Essential Properties Realty Trust, Inc.

     1,047        20,364  

Essex Property Trust, Inc.

     344        83,327  

Evergy, Inc.

     2,519        149,629  

Eversource Energy

     2,068        161,221  

Exelon Corp.

     7,262        272,035  

Extra Space Storage, Inc.

     1,062        183,418  

Federal Realty Investment Trust

     653        58,848  

Federated Hermes, Inc.

     479        15,864  

Fidelity National Financial, Inc.

     2,759        99,876  

Fifth Third Bancorp

     4,193        134,008  

First American Financial Corp.

     727        33,515  

First Financial Bancorp

     470        9,908  

First Hawaiian, Inc.

     670        16,502  

First Horizon Corp.

     5,961        136,507  

FirstEnergy Corp.

     7,930        293,410  

Flowers Foods, Inc.

     2,185        53,948  

FNB Corp.

     2,364        27,422  

Four Corners Property Trust, Inc.

     907        21,940  

Franklin Resources, Inc.

     4,665        100,391  

Fulton Financial Corp.

     728        11,502  

Gaming and Leisure Properties, Inc.

     4,107        181,694  

General Mills, Inc.

     4,339        332,411  

Genuine Parts Co.

     883        131,850  

Gilead Sciences, Inc.

     18,438        1,137,440  

Glacier Bancorp, Inc.

     384        18,866  

GSK PLC

     19,515        284,463  

H&R Block, Inc.

     1,875        79,762  

Hanesbrands, Inc.(a)

     3,118        21,701  

Hasbro, Inc.

     1,011        68,162  

Hawaiian Electric Industries, Inc.

     1,110        38,473  

Healthcare Realty Trust, Inc., Class A

     1,739        36,258  

Healthpeak Properties, Inc.

     4,282        98,143  

Helmerich & Payne, Inc.

     541        20,001  

Hewlett Packard Enterprise Co.

     8,384        100,440  

Highwoods Properties, Inc.

     1,269        34,212  

HP, Inc.

     7,547        188,071  

 

See Notes to Financial Statements.

 

70   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2022

 

 

 

Investments    Shares      Value  

Hudson Pacific Properties, Inc.

     1,427      $ 15,626  

IDACORP, Inc.

     428        42,376  

Ingredion, Inc.

     197        15,862  

International Bancshares Corp.

     426        18,105  

International Business Machines Corp.

     9,624        1,143,427  

International Paper Co.

     2,857        90,567  

Interpublic Group of Cos., Inc.

     3,323        85,069  

Iron Mountain, Inc.

     5,685        249,969  

J.M. Smucker Co.

     515        70,766  

JBG SMITH Properties

     518        9,624  

John Wiley & Sons, Inc., Class A

     175        6,573  

Juniper Networks, Inc.

     1,843        48,139  

Kellogg Co.

     2,046        142,524  

Kennedy-Wilson Holdings, Inc.

     846        13,079  

KeyCorp

     7,353        117,795  

Kilroy Realty Corp.

     1,226        51,627  

Kimberly-Clark Corp.

     2,236        251,639  

Kimco Realty Corp.

     6,166        113,516  

Kinder Morgan, Inc.

     45,570        758,285  

Kontoor Brands, Inc.

     709        23,829  

Kraft Heinz Co.

     12,202        406,937  

Lamar Advertising Co., Class A

     791        65,250  

Leggett & Platt, Inc.

     858        28,503  

Life Storage, Inc.

     713        78,972  

Lockheed Martin Corp.

     1,838        710,001  

LXP Industrial Trust

     3,084        28,249  

M&T Bank Corp.

     1,334        235,211  

Macerich Co.

     1,799        14,284  

Marathon Petroleum Corp.

     5,289        525,356  

MDC Holdings, Inc.

     575        15,767  

MDU Resources Group, Inc.

     1,165        31,863  

Merck & Co., Inc.

     19,381        1,669,092  

Mercury General Corp.

     298        8,469  

MetLife, Inc.

     5,068        308,033  

Moelis & Co., Class A

     707        23,904  

MSC Industrial Direct Co., Inc., Class A

     169        12,305  

National Fuel Gas Co.

     906        55,764  

National Instruments Corp.

     473        17,851  

National Retail Properties, Inc.

     2,657        105,908  

National Storage Affiliates Trust

     873        36,299  

Navient Corp.

     968        14,220  

New Jersey Resources Corp.

     653        25,271  

New York Community Bancorp, Inc.(a)

     2,986        25,471  

Newell Brands, Inc.

     4,248        59,005  

Newmont Corp.

     6,000        252,180  

NiSource, Inc.

     2,763        69,600  

Northern Trust Corp.

     1,047        89,581  

NorthWestern Corp.

     377        18,579  

NRG Energy, Inc.

     1,260        48,220  

Nu Skin Enterprises, Inc., Class A

     229        7,642  

OGE Energy Corp.

     2,023        73,759  

Old National Bancorp

     316        5,205  

Old Republic International Corp.

     1,806        37,800  

Omnicom Group, Inc.

     1,038        65,487  

ONE Gas, Inc.

     198      13,937  

OneMain Holdings, Inc.

     4,883        144,146  

ONEOK, Inc.

     9,424        482,886  

Otter Tail Corp.

     192        11,812  

PACCAR, Inc.

     1,653        138,340  

Pacific Premier Bancorp, Inc.

     335        10,372  

Packaging Corp. of America

     381        42,782  

Patterson Cos., Inc.

     442        10,617  

PepsiCo, Inc.

     12,833        2,095,116  

Pfizer, Inc.

     49,545        2,168,089  

Philip Morris International, Inc.

     28,006        2,324,778  

Physicians Realty Trust

     1,718        25,839  

Piedmont Office Realty Trust, Inc., Class A

     569        6,009  

Pinnacle West Capital Corp.

     1,357        87,540  

PNC Financial Services Group, Inc.

     2,304        344,264  

PNM Resources, Inc.

     496        22,682  

PotlatchDeltic Corp.

     752        30,862  

PPL Corp.

     10,257        260,015  

Principal Financial Group, Inc.

     2,197        158,514  

Progressive Corp.

     6,902        802,081  

Prosperity Bancshares, Inc.

     444        29,606  

Prudential Financial, Inc.

     3,613        309,923  

Public Service Enterprise Group, Inc.

     4,030        226,607  

Public Storage

     1,562        457,369  

Rayonier, Inc.

     1,033        30,959  

Realty Income Corp.

     4,942        287,624  

Regal Rexnord Corp.

     607        85,199  

Regency Centers Corp.

     1,391        74,905  

Regions Financial Corp.

     6,524        130,937  

Reynolds Consumer Products, Inc.(a)

     1,339        34,827  

Ryder System, Inc.

     537        40,538  

Sandy Spring Bancorp, Inc.

     271        9,555  

Sempra Energy

     2,556        383,247  

Simon Property Group, Inc.

     3,165        284,059  

SL Green Realty Corp.(a)

     906        36,385  

Sonoco Products Co.

     390        22,125  

South Jersey Industries, Inc.

     961        32,117  

Southern Co.

     15,623        1,062,364  

Southwest Gas Holdings, Inc.*

     426        29,714  

Spire, Inc.

     391        24,371  

Spirit Realty Capital, Inc.

     2,278        82,372  

STAG Industrial, Inc.

     2,026        57,599  

STORE Capital Corp.

     2,516        78,826  

Synovus Financial Corp.

     1,236        46,362  

Telephone and Data Systems, Inc.

     1,015        14,109  

TFS Financial Corp.

     2,981        38,753  

Trinity Industries, Inc.

     760        16,226  

Truist Financial Corp.

     9,082        395,430  

U.S. Bancorp

     9,354        377,153  

UDR, Inc.

     1,618        67,487  

UGI Corp.

     2,334        75,458  

Umpqua Holdings Corp.

     2,744        46,895  

United Bankshares, Inc.

     1,521        54,376  

Uniti Group, Inc.

     2,447        17,007  

 

See Notes to Financial Statements.

 

WisdomTree Trust      71  


Schedule of Investments (unaudited) (continued)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2022

 

 

 

Investments    Shares      Value  

Unum Group

     1,528      $ 59,286  

Valley National Bancorp

     2,213        23,900  

Ventas, Inc.

     3,048        122,438  

Verizon Communications, Inc.

     47,310        1,796,361  

VF Corp.

     2,522        75,433  

VICI Properties, Inc.

     9,531        284,500  

Virtu Financial, Inc., Class A

     83        1,724  

W.P. Carey, Inc.(a)

     3,423        238,925  

Washington Real Estate Investment Trust

     358        6,286  

Watsco, Inc.(a)

     317        81,615  

Webster Financial Corp.

     660        29,832  

WEC Energy Group, Inc.

     3,403        304,330  

Welltower, Inc.

     2,922        187,943  

WesBanco, Inc.

     279        9,310  

Western Union Co.

     3,948        53,298  

Williams Cos., Inc.

     15,204        435,291  

Xcel Energy, Inc.

     3,111        199,104  

Xerox Holdings Corp.

     2,159        28,239  
     

 

 

 
Total United States               53,185,607  

TOTAL COMMON STOCKS

(Cost: $98,611,750)

              89,626,596  
RIGHTS – 0.0%      
Australia – 0.0%      

Atlas Arteria Ltd., expiring 10/6/22

     
(Cost: $0)      5,263        0  
EXCHANGE-TRADED FUND – 0.6%

 

United States – 0.6%      

WisdomTree International High Dividend Fund(a)(d)

     
(Cost: $507,747)      16,350        495,569  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.7%

 

United States – 5.7%      

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(e)

     
(Cost: $5,165,421)      5,165,421      5,165,421  

TOTAL INVESTMENTS IN SECURITIES – 105.3%

(Cost: $104,284,918)

        95,287,586  

Other Assets less Liabilities – (5.3)%

        (4,784,964
     

 

 

 
NET ASSETS – 100.0%             $ 90,502,622  
* 

Non-income producing security.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $6,500,044 and the total market value of the collateral held by the Fund was $6,930,718. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,765,297.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933.

 

(d) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(e) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

INVESTMENT IN AFFILIATES

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate    Value at
3/31/2022
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/
(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2022
     Dividend
Income
 

WisdomTree International High Dividend Fund

   $ 2,943      $ 1,234,457      $ 662,890      $ (66,594    $ (12,347    $ 495,569      $ 12,661  

WisdomTree U.S. High Dividend Fund^

     969        289,309        272,153        (18,007      (118             1,342  

Total

   $ 3,912      $ 1,523,766      $ 935,043      $ (84,601    $ (12,465    $ 495,569      $ 14,003  
^ 

As of September 30,2022, the Fund did not hold a position in this affiliate.

 

See Notes to Financial Statements.

 

72   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

           

Russia

   $      $      $ 0 *     $ 0  

Other*

     89,626,596                      89,626,596  

Rights

            0               0  

Exchange-Traded Fund

     495,569                      495,569  

Investment of Cash Collateral for Securities Loaned

            5,165,421               5,165,421  

Total Investments in Securities

   $ 90,122,165      $ 5,165,421      $ 0      $ 95,287,586  
* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

 

See Notes to Financial Statements.

 

WisdomTree Trust      73  


Schedule of Investments (unaudited)

WisdomTree Growth Leaders Fund (PLAT)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

Argentina – 1.2%

 

MercadoLibre, Inc.*

     133      $ 110,095  
China – 4.7%

 

Alibaba Group Holding Ltd., ADR*

     1,943        155,420  

Bilibili, Inc., Class Z*

     3,900        59,420  

JD Health International, Inc.*(a)

     15,250        87,616  

Meituan, Class B*(a)

     6,200        130,794  
     

 

 

 
Total China

 

     433,250  
France – 0.8%

 

Adevinta ASA*

     12,044        71,840  
Germany – 0.9%

 

Delivery Hero SE*(a)

     2,184        81,175  
Israel – 0.7%

 

Fiverr International Ltd.*(b)

     2,182        66,747  
Netherlands – 0.7%

 

Just Eat Takeaway.com NV*(a)(b)

     3,741        59,283  
Poland – 0.8%

 

Allegro.eu SA*(a)

     17,053        74,389  
United Kingdom – 1.9%

 

Farfetch Ltd., Class A*

     10,259        76,429  

London Stock Exchange Group PLC

     1,176        100,138  
     

 

 

 
Total United Kingdom

 

     176,567  
United States – 88.1%

 

ACV Auctions, Inc., Class A*

     13,276        95,454  

Airbnb, Inc., Class A*

     1,253        131,615  

Alphabet, Inc., Class A*

     8,440        807,286  

Amazon.com, Inc.*

     6,623        748,399  

Angi, Inc.*

     20,507        60,496  

Appian Corp.*(b)

     2,327        95,011  

Apple, Inc.

     6,741        931,606  

Bumble, Inc., Class A*

     3,425        73,603  

Cargurus, Inc.*

     4,340        61,498  

Cboe Global Markets, Inc.

     1,032        121,126  

Chegg, Inc.*

     5,480        115,464  

CoStar Group, Inc.*

     2,053        142,992  

Coupa Software, Inc.*

     1,618        95,138  

Coursera, Inc.*

     6,787        73,164  

DoorDash, Inc., Class A*

     1,706        84,362  

Dropbox, Inc., Class A*

     5,114        105,962  

Etsy, Inc.*

     1,430        143,186  

GoodRx Holdings, Inc., Class A*(b)

     15,211        71,035  

IAA, Inc.*

     3,016        96,060  

Intercontinental Exchange, Inc.

     1,465        132,363  

Lyft, Inc. , Class A*

     6,768        89,135  

MarketAxess Holdings, Inc.

     413        91,888  

MasterCard, Inc., Class A

     904        257,043  

Match Group, Inc.*

     1,491        71,195  

Meta Platforms, Inc., Class A*

     2,416        327,803  

Microsoft Corp.

     3,690        859,401  

Nasdaq, Inc.

     2,367        134,162  

PayPal Holdings, Inc.*

     1,968        169,386  

Pinterest, Inc., Class A*

     6,108      142,316  

Redfin Corp.*(b)

     10,886        63,574  

ROBLOX Corp., Class A*

     3,667        131,425  

Roku, Inc.*

     1,356        76,478  

Salesforce, Inc.*

     1,194        171,745  

Snap, Inc., Class A*

     8,354        82,036  

Snowflake, Inc., Class A*

     999        169,790  

Teladoc Health, Inc.*(b)

     3,360        85,176  

Tradeweb Markets, Inc., Class A

     1,744        98,397  

Twitter, Inc.*

     3,290        144,234  

Uber Technologies, Inc.*

     5,524        146,386  

Upstart Holdings, Inc.*(b)

     2,470        51,351  

Upwork, Inc.*

     6,140        83,627  

Visa, Inc., Class A

     1,948        346,062  

Zillow Group, Inc., Class A*

     2,950        84,459  
     

 

 

 
Total United States

 

     8,062,889  

TOTAL COMMON STOCKS

(Cost: $14,540,422)

 

 

     9,136,235  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.5%

 

United States – 1.5%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

     
(Cost: $135,368)      135,368        135,368  

TOTAL INVESTMENTS IN SECURITIES – 101.3%

(Cost: $14,675,790)

 

 

     9,271,603  

Other Assets less Liabilities – (1.3)%

 

     (120,472
     

 

 

 
NET ASSETS – 100.0%

 

   $ 9,151,131  
* 

Non-income producing security.

 

(a)

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $429,518 and the total market value of the collateral held by the Fund was $447,589. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $312,221.

 

(c)

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

See Notes to Financial Statements.

 

74   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Growth Leaders Fund (PLAT)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

   $ 9,136,235      $      $      $ 9,136,235  

Investment of Cash Collateral for Securities Loaned

            135,368               135,368  

Total Investments in Securities

   $ 9,136,235      $ 135,368      $      $ 9,271,603  

 

See Notes to Financial Statements.

 

WisdomTree Trust      75  


Schedule of Investments (unaudited)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 102.5%

 

India – 102.5%

 

Aerospace & Defense – 0.8%

 

Bharat Dynamics Ltd.

     39,261      $ 422,164  

Bharat Electronics Ltd.

     2,599,971        3,226,343  

Hindustan Aeronautics Ltd.

     52,229        1,505,437  

Mazagon Dock Shipbuilders Ltd.

     30,999        188,030  
     

 

 

 
Total Aerospace & Defense

 

     5,341,974  
Air Freight & Logistics – 0.1%

 

Allcargo Logistics Ltd.

     25,848        130,906  

TCI Express Ltd.

     5,347        121,425  

Transport Corp. of India Ltd.

     7,206        67,909  
     

 

 

 
Total Air Freight & Logistics

 

     320,240  
Auto Components – 1.3%

 

Apollo Tyres Ltd.

     129,984        445,310  

Balkrishna Industries Ltd.

     41,688        965,266  

Bharat Forge Ltd.

     536        4,582  

Bosch Ltd.

     480        93,313  

Ceat Ltd.

     1,793        34,682  

Endurance Technologies Ltd.(a)

     16,655        291,525  

Exide Industries Ltd.

     1,903,786        3,672,952  

Gabriel India Ltd.

     48        91  

JK Tyre & Industries Ltd.

     368,690        753,911  

Motherson Sumi Wiring India Ltd.

     572,397        615,660  

Samvardhana Motherson International Ltd.

     474,826        636,204  

Steel Strips Wheels Ltd.

     3,675        36,038  

Sundram Fasteners Ltd.

     19,536        218,291  

Suprajit Engineering Ltd.

     189        794  

Tube Investments of India Ltd.

     33,917        1,144,176  

UNO Minda Ltd.

     18,734        128,753  
     

 

 

 
Total Auto Components

 

     9,041,548  
Automobiles – 3.2%

 

Bajaj Auto Ltd.

     70,358        3,051,034  

Eicher Motors Ltd.

     55,337        2,497,507  

Hero MotoCorp Ltd.

     95,179        2,982,503  

Mahindra & Mahindra Ltd.

     510,202        7,953,635  

Maruti Suzuki India Ltd.

     37,921        4,115,146  

TVS Motor Co. Ltd.

     88,335        1,120,866  
     

 

 

 
Total Automobiles

 

     21,720,691  
Banks – 14.6%

 

AU Small Finance Bank Ltd.(a)

     131,748        1,002,792  

Axis Bank Ltd.

     2,006,955        18,088,221  

Bandhan Bank Ltd.*(a)

     32,179        105,455  

Bank of Baroda

     1,479,401        2,407,740  

Bank of India

     6,759        4,005  

Bank of Maharashtra

     7,164        1,568  

Canara Bank

     726,741        2,043,509  

Central Bank of India Ltd.*

     1,123,869        277,682  

City Union Bank Ltd.

     327,078        699,980  

CSB Bank Ltd.*

     213        583  

DCB Bank Ltd.

     196,678        248,533  

Equitas Small Finance Bank Ltd.*(a)

     414        254  

Federal Bank Ltd.

     2,802,692      4,091,144  

ICICI Bank Ltd.

     3,065,581        32,482,978  

IDBI Bank Ltd.*

     522,693        265,037  

IDFC First Bank Ltd.*

     10,034        6,149  

Indian Bank

     871,391        2,108,552  

Indian Overseas Bank*

     1,108        238  

IndusInd Bank Ltd.

     480,110        6,994,685  

Jammu & Kashmir Bank Ltd.*

     7,425        2,528  

Karnataka Bank Ltd.

     757,286        730,744  

Karur Vysya Bank Ltd.

     1,247,380        1,249,661  

Kotak Mahindra Bank Ltd.

     504,518        11,282,176  

Punjab National Bank

     2,601,827        1,168,965  

South Indian Bank Ltd.*

     18,742        2,189  

State Bank of India

     1,911,134        12,465,054  

UCO Bank*

     344,771        50,433  

Union Bank of India Ltd.

     3,542,201        1,944,153  

Yes Bank Ltd.*(b)

     3,906,791        751,571  
     

 

 

 
Total Banks

 

     100,476,579  
Beverages – 0.3%

 

Globus Spirits Ltd.

     18,072        189,948  

Radico Khaitan Ltd.

     49,989        642,012  

United Spirits Ltd.*

     55,560        575,261  

Varun Beverages Ltd.

     48,326        620,298  
     

 

 

 
Total Beverages

 

     2,027,519  
Biotechnology – 0.1%

 

Biocon Ltd.

     150,825        539,420  
Building Products – 0.2%

 

Astral Ltd.

     14,967        410,726  

Blue Star Ltd.

     23,240        314,428  

Kajaria Ceramics Ltd.

     9,595        141,582  

Prince Pipes & Fittings Ltd.

     19,181        136,328  
     

 

 

 
Total Building Products

 

     1,003,064  
Capital Markets – 0.6%

 

Aditya Birla Sun Life Asset Management Co. Ltd.

     39,749        222,317  

Anand Rathi Wealth Ltd.

     6,890        55,559  

Angel One Ltd.

     10,478        175,425  

CRISIL Ltd.

     7,811        313,458  

HDFC Asset Management Co. Ltd.(a)

     42,762        993,262  

ICICI Securities Ltd.(a)

     148,845        957,186  

Indian Energy Exchange Ltd.(a)

     165,562        289,093  

Motilal Oswal Financial Services Ltd.

     4,298        38,356  

Multi Commodity Exchange of India Ltd.

     13,354        200,061  

Nippon Life India Asset Management Ltd.(a)

     170,694        563,691  

Share India Securities Ltd.

     2,069        32,160  

UTI Asset Management Co. Ltd.

     25        222  
     

 

 

 
Total Capital Markets

 

     3,840,790  
Chemicals – 4.9%

 

Aarti Industries Ltd.

     86,517        792,360  

Advanced Enzyme Technologies Ltd.

     65,174        215,788  

Alkyl Amines Chemicals

     2,912        102,678  

Andhra Sugars Ltd.

     64,977        111,661  

Asian Paints Ltd.

     90,858        3,733,050  

 

See Notes to Financial Statements.

 

76   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2022

 

 

 

Investments    Shares      Value  

Atul Ltd.

     1,720      $ 190,791  

Balaji Amines Ltd.

     4,768        185,647  

BASF India Ltd.

     31        1,136  

Berger Paints India Ltd.

     75,654        573,790  

Bhansali Engineering Polymers Ltd.

     1,275        1,828  

Camlin Fine Sciences Ltd.*

     82,027        118,930  

Castrol India Ltd.

     3,370        4,669  

Chambal Fertilisers and Chemicals Ltd.

     231,852        910,436  

Chemplast Sanmar Ltd.*

     96,533        497,431  

Coromandel International Ltd.

     81,908        1,001,004  

DCM Shriram Ltd.

     83,256        1,021,981  

Deepak Fertilisers & Petrochemicals Corp. Ltd.

     79,039        853,870  

Deepak Nitrite Ltd.

     44,390        1,110,961  

EID Parry India Ltd.

     150,647        1,106,919  

Excel Industries Ltd.

     8,766        135,254  

Finolex Industries Ltd.

     452,549        759,892  

Galaxy Surfactants Ltd.

     4,471        164,900  

GHCL Ltd.

     85,653        684,108  

Gujarat Alkalies & Chemicals Ltd.

     30,144        314,460  

Gujarat Fluorochemicals Ltd.

     3,135        152,038  

Gujarat Narmada Valley Fertilizers & Chemicals Ltd.

     263,400        2,077,542  

Himadri Speciality Chemical Ltd.

     236,272        288,837  

India Glycols Ltd.

     17,052        175,475  

India Pesticides Ltd.

     15,497        54,367  

Indigo Paints Ltd.

     12,320        227,072  

INEOS Styrolution India Ltd.

     30        322  

Jindal Poly Films Ltd.

     3,131        34,592  

Jubilant Ingrevia Ltd.

     95,345        604,174  

Kansai Nerolac Paints Ltd.

     58,476        351,965  

Kiri Industries Ltd.*

     7,105        43,931  

Laxmi Organic Industries Ltd.

     33,069        138,127  

Linde India Ltd.

     13,049        531,223  

Manali Petrochemicals Ltd.

     1,712        1,957  

Mayur Uniquoters Ltd.

     17,764        106,681  

Meghmani Organics Ltd.

     135,192        198,755  

Navin Fluorine International Ltd.

     14,620        807,071  

NOCIL Ltd.

     4,820        14,987  

Panama Petrochem Ltd.

     15,358        54,805  

PCBL Ltd.

     190,985        301,557  

PI Industries Ltd.

     29,201        1,076,257  

Pidilite Industries Ltd.

     38,285        1,266,092  

Polyplex Corp. Ltd.

     40,205        979,015  

Rain Industries Ltd.

     274,275        551,070  

Rallis India Ltd.

     224        579  

Rashtriya Chemicals & Fertilizers Ltd.

     326,040        376,734  

Sharda Cropchem Ltd.

     41,019        223,395  

Solar Industries India Ltd.

     3,445        165,866  

SRF Ltd.

     65,826        2,025,686  

Sudarshan Chemical Industries Ltd.

     247        1,271  

Sumitomo Chemical India Ltd.

     19,740        122,042  

Supreme Industries Ltd.

     10,864        284,903  

Tata Chemicals Ltd.

     75,768        1,028,929  

Thirumalai Chemicals Ltd.

     88,757        233,700  

UPL Ltd.

     487,850        4,030,173  

Valiant Organics Ltd.(a)

     45      409  

Vinati Organics Ltd.

     10,526        269,965  
     

 

 

 
Total Chemicals

 

     33,395,108  
Commercial Services & Supplies – 0.1%

 

Indian Railway Catering & Tourism Corp. Ltd.

     38,368        332,973  
Communications Equipment – 0.0%

 

Sterlite Technologies Ltd.

     148,194        300,209  
Construction & Engineering – 1.9%

 

Ashoka Buildcon Ltd.*

     270,926        260,431  

Hindustan Construction Co. Ltd.*

     1,355,568        229,118  

IRB Infrastructure Developers Ltd.

     204,272        524,545  

J Kumar Infraprojects Ltd.

     10,168        37,628  

Kalpataru Power Transmission Ltd.

     38,923        201,621  

KEC International Ltd.

     30,859        170,604  

KNR Constructions Ltd.

     179,981        506,085  

Larsen & Toubro Ltd.

     416,601        9,462,100  

NBCC India Ltd.

     247,840        93,681  

NCC Ltd.

     370,749        326,992  

Praj Industries Ltd.

     304        1,559  

PSP Projects Ltd.

     8,366        66,038  

Rail Vikas Nigam Ltd.

     666,389        276,054  

Voltas Ltd.

     76,678        854,379  
     

 

 

 
Total Construction & Engineering

 

     13,010,835  
Construction Materials – 2.9%

 

ACC Ltd.

     41,580        1,234,680  

Ambuja Cements Ltd.

     453,853        2,876,497  

Birla Corp. Ltd.

     51,982        610,388  

Dalmia Bharat Ltd.

     1,533        30,113  

Grasim Industries Ltd.

     369,312        7,603,352  

HeidelbergCement India Ltd.

     50,234        116,984  

India Cements Ltd.

     136,715        452,236  

JK Cement Ltd.

     20,279        654,514  

JK Lakshmi Cement Ltd.

     104,454        751,261  

Orient Cement Ltd.

     276        440  

Pokarna Ltd.

     4,730        27,499  

Ramco Cements Ltd.

     120,566        1,118,201  

Rhi Magnesita India Ltd.

     1,580        13,012  

Shree Cement Ltd.

     3,461        894,830  

UltraTech Cement Ltd.

     48,042        3,693,951  
     

 

 

 
Total Construction Materials

 

     20,077,958  
Consumer Finance – 0.2%

 

Cholamandalam Financial Holdings Ltd.

     115,081        924,595  

SBI Cards & Payment Services Ltd.

     61,580        691,487  
     

 

 

 
Total Consumer Finance

 

     1,616,082  
Containers & Packaging – 0.4%

 

AGI Greenpac Ltd.

     22,216        91,211  

Cosmo First Ltd.

     36,357        389,374  

EPL Ltd.

     162,786        352,681  

Jai Corp. Ltd.

     41,816        96,096  

Time Technoplast Ltd.

     239,266        313,967  

Uflex Ltd.

     191,585        1,718,115  
     

 

 

 
Total Containers & Packaging

 

     2,961,444  

 

See Notes to Financial Statements.

 

WisdomTree Trust      77  


Schedule of Investments (unaudited) (continued)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2022

 

 

 

Investments    Shares      Value  
Diversified Financial Services – 0.5%

 

Bajaj Finserv Ltd.

     164,010      $ 3,383,675  

REC Ltd

     0        1  
     

 

 

 
Total Diversified Financial Services

 

     3,383,676  
Diversified Telecommunication Services – 0.3%

 

HFCL Ltd.

     612,163        548,192  

Indus Towers Ltd.

     646,559        1,569,282  

Railtel Corp. of India Ltd.

     728        925  

Tata Communications Ltd.

     3,774        53,387  
     

 

 

 
Total Diversified Telecommunication Services

 

     2,171,786  
Electric Utilities – 2.9%

 

Adani Transmission Ltd.*

     27,809        1,124,581  

CESC Ltd.

     1,389,560        1,320,361  

Power Grid Corp. of India Ltd.

     5,484,777        14,306,722  

SJVN Ltd.

     88,264        33,688  

Tata Power Co. Ltd.

     844,848        2,248,393  

Torrent Power Ltd.

     187,538        1,122,444  
     

 

 

 
Total Electric Utilities

 

     20,156,189  
Electrical Equipment – 0.6%

 

ABB India Ltd.

     2,554        96,959  

Amara Raja Batteries Ltd.

     24,435        147,479  

Finolex Cables Ltd.

     100,232        578,466  

Havells India Ltd.

     104,290        1,728,803  

KEI Industries Ltd.

     73,244        1,301,265  

Polycab India Ltd.

     15,712        494,578  
     

 

 

 
Total Electrical Equipment

 

     4,347,550  
Electronic Equipment, Instruments & Components – 0.2%

 

Redington Ltd.

     873,332        1,494,357  
Entertainment – 0.0%

 

Saregama India Ltd.

     1,185        5,244  
Equity Real Estate Investment Trusts (REITs) – 0.0%

 

Mindspace Business Parks REIT(a)

     51,480        230,508  
Food & Staples Retailing – 0.1%

 

Avenue Supermarts Ltd.*(a)

     15,308        825,425  

Medplus Health Services Ltd.*

     2,277        17,296  
     

 

 

 
Total Food & Staples Retailing

 

     842,721  
Food Products – 1.1%

 

Avanti Feeds Ltd.

     27,247        156,865  

Balrampur Chini Mills Ltd.

     308,212        1,317,316  

Bombay Burmah Trading Co.

     39        439  

Britannia Industries Ltd.

     26,388        1,246,575  

CCL Products India Ltd.

     62,461        385,816  

Dalmia Bharat Sugar & Industries Ltd.

     156        622  

Dwarikesh Sugar Industries Ltd.

     112,928        133,401  

Godrej Agrovet Ltd.(a)

     1,493        9,428  

Gujarat Ambuja Exports Ltd.

     93,206        321,032  

Kaveri Seed Co. Ltd.

     43,606        230,489  

KRBL Ltd.

     112,493        508,250  

LT Foods Ltd.

     449,977        642,182  

Marico Ltd.

     202,458        1,338,542  

Mrs Bectors Food Specialities Ltd.

     28,540        127,226  

Nestle India Ltd.

     333      78,367  

Patanjali Foods Ltd.

     2,073        35,062  

Tata Coffee Ltd.

     35,708        98,695  

Tata Consumer Products Ltd.

     27,143        267,872  

Triveni Engineering & Industries Ltd.

     62,638        195,726  

Venky’s India Ltd.

     72        1,740  

Zydus Wellness Ltd.

     14,554        290,503  
     

 

 

 
Total Food Products

 

     7,386,148  
Gas Utilities – 1.7%

 

Adani Total Gas Ltd.

     13,307        546,315  

GAIL India Ltd.

     7,784,563        8,329,880  

Gujarat Gas Ltd.

     125,861        778,593  

Gujarat State Petronet Ltd.

     345,409        980,590  

Indraprastha Gas Ltd.

     217,813        1,062,408  
     

 

 

 
Total Gas Utilities

 

     11,697,786  
Health Care Equipment & Supplies – 0.0%

 

Poly Medicure Ltd.

     9,508        101,121  
Health Care Providers & Services – 0.4%

 

Apollo Hospitals Enterprise Ltd.

     20,641        1,112,187  

Aster DM Healthcare Ltd.*(a)

     69,341        215,137  

Dr. Lal PathLabs Ltd.(a)

     7,386        228,681  

Fortis Healthcare Ltd.*

     84,177        273,377  

Max Healthcare Institute Ltd.*

     106,826        535,632  

Metropolis Healthcare Ltd.(a)

     10        191  

Thyrocare Technologies Ltd.(a)

     38,480        331,249  

Vijaya Diagnostic Centre Pvt Ltd.

     34,798        197,064  
     

 

 

 
Total Health Care Providers & Services

 

     2,893,518  
Hotels, Restaurants & Leisure – 0.1%

 

Delta Corp Ltd.

     72,743        177,406  

Jubilant Foodworks Ltd.

     91,595        701,110  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     878,516  
Household Durables – 0.3%

 

Amber Enterprises India Ltd.*

     4,598        133,597  

Bajaj Electricals Ltd.

     208        3,074  

Crompton Greaves Consumer Electricals Ltd.

     212,661        1,076,751  

Dixon Technologies India Ltd.

     7        376  

Orient Electric Ltd.

     48,009        161,051  

Stove Kraft Ltd.*

     26,934        215,005  

Whirlpool of India Ltd.

     18,027        362,196  
     

 

 

 
Total Household Durables

 

     1,952,050  
Household Products – 0.0%

 

Eveready Industries India Ltd.*

     8,109        31,813  

Jyothy Labs Ltd.

     35,177        81,487  
     

 

 

 
Total Household Products

 

     113,300  
Independent Power & Renewable Electricity Producers – 2.7%

 

Adani Power Ltd.*

     368,782        1,693,153  

Jaiprakash Power Ventures Ltd.*

     3,254,372        294,029  

JSW Energy Ltd.

     246,819        911,259  

NHPC Ltd.

     5,344,952        2,345,567  

NLC India Ltd.

     50,989        42,652  

NTPC Ltd.

     6,782,043        13,309,607  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     18,596,267  

 

See Notes to Financial Statements.

 

78   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2022

 

 

 

Investments    Shares      Value  
Industrial Conglomerates – 0.3%

 

Apar Industries Ltd.

     9,329      $ 148,797  

BEML Ltd.*

     15,621        68,167  

Godrej Industries Ltd.*

     17,486        94,361  

Nava Ltd.

     267,062        614,545  

Siemens Ltd.

     41,900        1,427,102  
     

 

 

 
Total Industrial Conglomerates

 

     2,352,972  
Insurance – 0.5%

 

HDFC Life Insurance Co. Ltd.(a)

     138,816        905,148  

ICICI Lombard General Insurance Co. Ltd.(a)

     30,225        427,695  

ICICI Prudential Life Insurance Co. Ltd.(a)

     102,183        660,631  

Max Financial Services Ltd.*

     45,385        425,446  

New India Assurance Co. Ltd.(a)

     2,513        2,652  

SBI Life Insurance Co. Ltd.(a)

     65,991        1,014,348  
     

 

 

 
Total Insurance

 

     3,435,920  
Interactive Media & Services – 2.0%

 

Brightcom Group Ltd.

     2,278,387        945,229  

Info Edge India Ltd.

     262,621        12,462,926  

Just Dial Ltd.*

     334        2,336  
     

 

 

 
Total Interactive Media & Services

 

     13,410,491  
IT Services – 11.7%

 

Cigniti Technologies Ltd.

     51        347  

Coforge Ltd.

     18,578        767,761  

Computer Age Management Services Ltd.

     16        497  

Datamatics Global Services Ltd.

     29,426        112,729  

eClerx Services Ltd.

     21,605        378,372  

Firstsource Solutions Ltd.

     498,738        642,495  

Happiest Minds Technologies Ltd.

     14,330        175,084  

HCL Technologies Ltd.

     847,625        9,714,456  

Infibeam Avenues Ltd.

     1,567,227        283,195  

Infosys Ltd.

     1,958,497        34,028,212  

Larsen & Toubro Infotech Ltd.(a)

     17,739        972,054  

Mindtree Ltd.

     23,648        918,333  

Mphasis Ltd.

     47,727        1,224,779  

Persistent Systems Ltd.

     22,335        889,872  

Sonata Software Ltd.

     61,818        391,801  

Tata Consultancy Services Ltd.

     466,901        17,244,079  

Tech Mahindra Ltd.

     504,779        6,258,295  

Vakrangee Ltd.

     376,785        159,789  

Wipro Ltd.

     1,226,457        5,943,740  

Zensar Technologies Ltd.

     62        161  
     

 

 

 
Total IT Services

 

     80,106,051  
Life Sciences Tools & Services – 0.4%

 

Divi’s Laboratories Ltd.

     55,403        2,523,369  

Syngene International Ltd.(a)

     37,182        256,225  
     

 

 

 
Total Life Sciences Tools & Services

 

     2,779,594  
Machinery – 0.7%

 

AIA Engineering Ltd.

     29,987        924,920  

Cochin Shipyard Ltd.(a)

     4,675        25,343  

Cummins India Ltd.

     80,754        1,187,070  

Escorts Kubota Ltd.

     11,510        301,052  

Grindwell Norton Ltd.

     881      22,354  

Jamna Auto Industries Ltd.

     137,813        192,783  

Schaeffler India Ltd.

     4,181        165,097  

SKF India Ltd.

     14,662        849,455  

Thermax Ltd.

     19,281        514,191  

Timken India Ltd.

     10,140        382,435  
     

 

 

 
Total Machinery

 

     4,564,700  
Marine – 0.0%

 

Shipping Corp. of India Ltd.

     213,798        299,207  
Media – 0.4%

 

Affle India Ltd.*

     618        9,580  

Hathway Cable & Datacom Ltd.*

     1,694,527        336,401  

Network18 Media & Investments Ltd.*

     1,965        1,560  

Sun TV Network Ltd.

     123,964        775,392  

TV18 Broadcast Ltd.*

     667,500        310,155  

Zee Entertainment Enterprises Ltd.

     429,557        1,363,103  
     

 

 

 
Total Media

 

     2,796,191  
Metals & Mining – 16.5%

 

APL Apollo Tubes Ltd.

     78,490        1,001,540  

Godawari Power and Ispat Ltd.

     54,078        185,265  

Hindalco Industries Ltd.

     3,035,512        14,572,846  

Hindustan Copper Ltd.

     95,251        125,224  

Hindustan Zinc Ltd.

     329,513        1,082,293  

Jindal Saw Ltd.

     674,001        683,518  

Jindal Stainless Hisar Ltd.*

     1,160        3,490  

Jindal Stainless Ltd.*

     706,730        1,088,095  

Jindal Steel & Power Ltd.

     771,858        4,066,543  

JSW Steel Ltd.

     1,761,308        13,675,637  

Kirloskar Ferrous Industries Ltd.

     68,883        224,724  

Maharashtra Seamless Ltd.

     3,134        30,005  

Maithan Alloys Ltd.

     38,349        457,682  

Mishra Dhatu Nigam Ltd.(a)

     45,230        113,643  

MM Forgings Ltd.

     2,300        22,577  

National Aluminium Co. Ltd.

     2,675,090        2,344,573  

NMDC Ltd.

     3,747,747        5,885,277  

Ramkrishna Forgings Ltd.

     47,116        115,023  

Ratnamani Metals & Tubes Ltd.

     2,177        50,541  

Sandur Manganese & Iron Ores Ltd.

     30,396        283,274  

Sarda Energy & Minerals Ltd.

     40,393        432,449  

Shyam Metalics & Energy Ltd.

     53,684        188,930  

Steel Authority of India Ltd.

     8,069,625        7,613,205  

Sunflag Iron & Steel Co. Ltd.*

     120,815        120,442  

Surya Roshni Ltd.

     148        831  

Tata Metaliks Ltd.

     60,580        538,845  

Tata Steel Long Products Ltd.

     273        2,055  

Tata Steel Ltd.

     36,134,241        44,106,638  

Tinplate Co. of India Ltd.

     5,740        21,203  

Usha Martin Ltd.

     191,653        287,181  

Vedanta Ltd.

     3,721,728        12,354,483  

Welspun Corp. Ltd.

     400,568        1,305,334  
     

 

 

 
Total Metals & Mining

 

     112,983,366  

 

See Notes to Financial Statements.

 

WisdomTree Trust      79  


Schedule of Investments (unaudited) (continued)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2022

 

 

 

Investments    Shares      Value  
Oil, Gas & Consumable Fuels – 17.1%

 

Aegis Logistics Ltd.

     84,382      $ 281,200  

Bharat Petroleum Corp. Ltd.

     1,950,170        7,306,732  

Chennai Petroleum Corp. Ltd.

     214,007        617,941  

Coal India Ltd.

     4,101,799        10,701,825  

Great Eastern Shipping Co. Ltd.

     207,322        1,377,326  

Hindustan Petroleum Corp. Ltd.

     2,022,042        5,376,287  

Indian Oil Corp. Ltd.

     11,190,879        9,209,808  

Mangalore Refinery & Petrochemicals Ltd.*

     646,148        471,399  

Oil & Natural Gas Corp. Ltd.

     14,628,702        22,801,363  

Oil India Ltd.

     1,369,825        2,937,459  

Petronet LNG Ltd.

     738,890        1,815,634  

Reliance Industries Ltd.

     1,861,700        54,414,126  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     117,311,100  
Paper & Forest Products – 0.2%

 

Century Plyboards India Ltd.

     40,533        316,811  

Century Textiles & Industries Ltd.

     16,660        166,024  

Greenpanel Industries Ltd.

     22,633        118,477  

Greenply Industries Ltd.

     66,575        147,142  

JK Paper Ltd.

     69,209        322,006  

West Coast Paper Mills Ltd.

     25,407        155,063  
     

 

 

 
Total Paper & Forest Products

 

     1,225,523  
Personal Products – 1.6%

 

Bajaj Consumer Care Ltd.

     5,692        10,915  

Colgate-Palmolive India Ltd.

     12,149        243,335  

Dabur India Ltd.

     191,024        1,345,366  

Emami Ltd.

     115,878        718,333  

Godrej Consumer Products Ltd.*

     163,131        1,825,695  

Hindustan Unilever Ltd.

     208,275        6,903,436  
     

 

 

 
Total Personal Products

 

     11,047,080  
Pharmaceuticals – 3.4%

 

Aarti Drugs Ltd.

     336        1,936  

Ajanta Pharma Ltd.

     20,726        324,184  

Alembic Pharmaceuticals Ltd.

     10,262        76,273  

Alkem Laboratories Ltd.

     18,779        756,504  

Aurobindo Pharma Ltd.

     351,329        2,205,112  

Caplin Point Laboratories Ltd.

     22,318        204,220  

Cipla Ltd.

     263,615        3,612,944  

Dr. Reddy’s Laboratories Ltd.

     57,701        3,075,235  

Eris Lifesciences Ltd.(a)

     12,531        109,512  

FDC Ltd.*

     518        1,680  

Gland Pharma Ltd.*(a)

     24,933        641,429  

GlaxoSmithKline Pharmaceuticals Ltd.

     28,406        497,368  

Glenmark Pharmaceuticals Ltd.

     112,061        535,364  

Granules India Ltd.

     165,563        702,843  

Hikal Ltd.

     39,888        164,722  

Indoco Remedies Ltd.

     3,856        15,542  

IOL Chemicals and Pharmaceuticals Ltd.

     835        3,599  

Ipca Laboratories Ltd.

     53,846        605,634  

JB Chemicals & Pharmaceuticals Ltd.

     13,676        322,739  

Jubilant Pharmova Ltd.

     9,724        40,157  

Laurus Labs Ltd.(a)

     59,328        374,122  

Marksans Pharma Ltd.

     4,282        2,453  

Morepen Laboratories Ltd.*

     343,579      100,728  

Natco Pharma Ltd.

     28,549        212,596  

Neuland Laboratories Ltd.

     10,156        170,203  

Piramal Pharma Ltd.*

     2,916        7,854  

Sequent Scientific Ltd.*

     175,167        222,750  

Shilpa Medicare Ltd.

     75        357  

Sun Pharmaceutical Industries Ltd.

     379,513        4,425,562  

Supriya Lifescience Ltd.

     34,520        127,321  

Suven Pharmaceuticals Ltd.

     113,741        630,494  

Torrent Pharmaceuticals Ltd.

     38,764        743,271  

Zydus Lifesciences Ltd.

     453,020        2,154,527  
     

 

 

 
Total Pharmaceuticals

 

     23,069,235  
Professional Services – 0.1%

 

L&T Technology Services Ltd.(a)

     14,524        641,224  
Real Estate Management & Development – 0.4%

 

DLF Ltd.

     9,339        40,948  

Godrej Properties Ltd.*

     15,549        228,195  

Macrotech Developers Ltd.*

     5,638        64,051  

Oberoi Realty Ltd.

     93,100        1,050,349  

Phoenix Mills Ltd.

     25,738        442,649  

Prestige Estates Projects Ltd.

     124,679        689,364  

Sobha Ltd.

     44,603        354,050  
     

 

 

 
Total Real Estate Management & Development

 

     2,869,606  
Road & Rail – 0.0%

 

Container Corp. of India Ltd.

     28,863        252,490  
Semiconductors & Semiconductor Equipment – 0.0%

 

Borosil Renewables Ltd.*

     2,104        15,060  
Software – 0.7%

 

Birlasoft Ltd.

     157,358        546,344  

Cyient Ltd.

     71,063        692,624  

Intellect Design Arena Ltd.

     57,402        365,081  

KPIT Technologies Ltd.

     9,300        75,439  

Newgen Software Technologies Ltd.

     33,445        146,605  

Oracle Financial Services Software Ltd.

     26,809        982,872  

Route Mobile Ltd.

     15,543        261,208  

Tanla Platforms Ltd.

     49,474        478,677  

Tata Elxsi Ltd.

     10,906        1,147,083  
     

 

 

 
Total Software

 

     4,695,933  
Textiles, Apparel & Luxury Goods – 1.0%

 

Arvind Ltd.*

     218,455        255,912  

Dollar Industries Ltd.

     9,968        61,149  

Filatex India Ltd.

     59,680        73,911  

Gokaldas Exports Ltd.*

     21,591        92,387  

Indo Count Industries Ltd.

     294        492  

Kalyan Jewellers India Ltd.*

     17,943        21,240  

KPR Mill Ltd.

     6,752        44,487  

LUX Industries Ltd.

     21,382        460,908  

Page Industries Ltd.

     586        364,965  

Rajesh Exports Ltd.

     116,057        825,725  

Raymond Ltd.

     8,636        108,970  

Relaxo Footwears Ltd.

     16,939        209,647  

Rupa & Co. Ltd.

     54        214  

 

See Notes to Financial Statements.

 

80   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2022

 

 

 

Investments    Shares      Value  

Siyaram Silk Mills Ltd.

     21,024      $ 112,846  

Titan Co. Ltd.

     76,265        2,443,958  

Trident Ltd.

     534,665        239,561  

Vaibhav Global Ltd.

     37        160  

Vardhman Textiles Ltd.

     275,184        1,141,311  

Welspun India Ltd.

     567,248        513,548  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     6,971,391  
Tobacco – 1.3%

 

Godfrey Phillips India Ltd.

     8,778        123,861  

ITC Ltd.

     2,230,353        9,107,706  
     

 

 

 
Total Tobacco

 

     9,231,567  
Trading Companies & Distributors – 0.4%

 

Adani Enterprises Ltd.

     58,928        2,503,224  
Transportation Infrastructure – 0.8%

 

Adani Ports & Special Economic Zone Ltd.

     527,476        5,321,039  
Wireless Telecommunication Services – 0.5%

 

Bharti Airtel Ltd.

     342,198        3,364,720  

TOTAL COMMON STOCKS

(Cost: $448,463,164)

 

 

     703,504,855  
      Principal
Amount
         
CORPORATE BONDS – 0.0%

 

India – 0.0%

 

Britannia Industries Ltd.
5.50%, 6/3/24*

     
(Cost: $11,593)      843,639 INR        10,108  
      Shares      Value  
EXCHANGE-TRADED FUND – 0.0%

 

United States – 0.0%

 

WisdomTree India ex-State-Owned Enterprises Fund(c)

     
(Cost: $26,901)      1,100      34,373  

TOTAL INVESTMENTS IN SECURITIES – 102.5%

(Cost: $448,501,658)

        703,549,336  

Other Assets less Liabilities – (2.5)%

        (16,834,725
     

 

 

 
NET ASSETS – 100.0%             $ 686,714,611  
* 

Non-income producing security.

 

Share amount represents a fractional share.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $76,021, which represents 0.01% of net assets.

 

(a) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b)

This security, or a portion thereof, is restricted from resale (see Note 2 – Restricted Securities). In accordance with a reconstruction scheme notified by the government of India applicable to Yes Bank Ltd., effective March 16, 2020, 75% of all shares of Yes Bank Ltd. held by then-existing shareholders are subject to a three-year lock-in period and are unable to be sold. At September 30, 2022, the value of the restricted portion of this security is as follows:

 

Investment   Restricted
Shares
   

Acquisition

Date

   

Acquisition

Cost

    Value    

Value as a
Percentage

of Net
Assets

 

India Yes Bank Ltd.

    3,906,791      
9/21/15 –
3/13/20
 
 
  $ 3,947,791     $ 751,571       0.1

 

(c)

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

INVESTMENT IN AFFILIATES

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six month fiscal period ended September 30, 2022 were as follows:

 

Affiliate   Value at
3/31/2022
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/
(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2022
    Dividend
Income
 

WisdomTree India ex-State-Owned Enterprises Fund

  $ 38,156     $     $     $     $ (3,783   $ 34,373     $ 682  

 

See Notes to Financial Statements.

 

WisdomTree Trust      81  


Schedule of Investments (unaudited) (concluded)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in
Active
Markets
(Level 1)

     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

           

Industrial Conglomerates

   $ 2,284,805      $      $ 68,167 *     $ 2,352,972  

Pharmaceuticals

     23,061,381               7,854 *       23,069,235  

Other

     678,082,648                      678,082,648  

Corporate Bonds

            10,108               10,108  

Exchange-Traded Fund

     34,373                      34,373  

Total Investments in Securities

   $ 703,463,207      $ 10,108      $ 76,021      $ 703,549,336  
* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

 

See Notes to Financial Statements.

 

82   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree India ex-State-Owned Enterprises Fund (IXSE)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 102.4%      
India – 102.4%      
Airlines – 0.2%      

InterGlobe Aviation Ltd.*(a)

     617      $ 14,071  
Auto Components – 1.6%

 

Balkrishna Industries Ltd.

     613        14,194  

Bharat Forge Ltd.

     1,914        16,364  

Bosch Ltd.

     73        14,191  

Exide Industries Ltd.

     2,632        5,078  

Motherson Sumi Wiring India Ltd.

     9,224        9,921  

Samvardhana Motherson International Ltd.

     9,224        12,359  

Sundram Fasteners Ltd.

     524        5,855  

Tube Investments of India Ltd.

     689        23,243  
     

 

 

 
Total Auto Components

 

     101,205  
Automobiles – 6.0%

 

Bajaj Auto Ltd.

     560        24,284  

Eicher Motors Ltd.

     914        41,251  

Hero MotoCorp Ltd.

     891        27,920  

Mahindra & Mahindra Ltd.

     6,827        106,427  

Maruti Suzuki India Ltd.

     926        100,489  

Tata Motors Ltd.*

     11,789        58,633  

Tata Motors Ltd., Class A*

     926        2,227  

TVS Motor Co. Ltd.

     1,352        17,155  
     

 

 

 
Total Automobiles

 

     378,386  
Banks – 13.9%

 

AU Small Finance Bank Ltd.(a)

     2,210        16,821  

Axis Bank Ltd.

     16,770        151,144  

Bandhan Bank Ltd.*(a)

     3,885        12,732  

Federal Bank Ltd.

     12,012        17,534  

ICICI Bank Ltd.

     38,858        411,740  

IDFC First Bank Ltd.*

     24,010        14,713  

IndusInd Bank Ltd.

     4,149        60,446  

Kotak Mahindra Bank Ltd.

     8,382        187,441  

RBL Bank Ltd.*(a)

     3,124        4,368  

Yes Bank Ltd.*(b)

     3,819        735  
     

 

 

 
Total Banks

 

     877,674  
Beverages – 0.9%

 

United Breweries Ltd.

     500        10,491  

United Spirits Ltd.*

     2,323        24,052  

Varun Beverages Ltd.

     1,797        23,066  
     

 

 

 
Total Beverages

 

     57,609  
Biotechnology – 0.2%

 

Biocon Ltd.

     2,850        10,193  
Building Products – 0.4%

 

Astral Ltd.

     721        19,786  

Kajaria Ceramics Ltd.

     552        8,145  
     

 

 

 
Total Building Products

 

     27,931  
Capital Markets – 0.2%

 

HDFC Asset Management Co. Ltd.(a)

     448        10,406  

Indian Energy Exchange Ltd.(a)

     2,818        4,921  
     

 

 

 
Total Capital Markets

 

     15,327  
Chemicals – 5.0%

 

Aarti Industries Ltd.

     1,366      12,510  

Asian Paints Ltd.

     3,369        138,421  

Atul Ltd.

     127        14,088  

Berger Paints India Ltd.

     2,080        15,776  

Carborundum Universal Ltd.

     705        7,768  

Coromandel International Ltd.

     1,015        12,404  

Deepak Nitrite Ltd.

     411        10,286  

Kansai Nerolac Paints Ltd.

     1,147        6,904  

Navin Fluorine International Ltd.

     279        15,402  

PI Industries Ltd.

     602        22,188  

SRF Ltd.

     1,040        32,004  

Supreme Industries Ltd.

     536        14,056  

Tata Chemicals Ltd.

     1,021        13,865  
     

 

 

 
Total Chemicals

 

     315,672  
Construction & Engineering – 0.3%

 

GMR Power and Urban Infra Ltd.*

     1,444        482  

Voltas Ltd.

     1,792        19,967  
     

 

 

 
Total Construction & Engineering

 

     20,449  
Construction Materials – 3.5%

 

ACC Ltd.

     564        16,747  

Ambuja Cements Ltd.

     5,193        32,913  

Dalmia Bharat Ltd.

     620        12,179  

Grasim Industries Ltd.

     3,140        64,646  

JK Cement Ltd.

     210        6,778  

Ramco Cements Ltd.

     938        8,700  

Shree Cement Ltd.

     63        16,288  

UltraTech Cement Ltd.

     831        63,896  
     

 

 

 
Total Construction Materials

 

     222,147  
Consumer Finance – 4.2%

 

Bajaj Finance Ltd.

     1,991        179,536  

Cholamandalam Investment and Finance Co. Ltd.

     3,079        27,713  

Mahindra & Mahindra Financial Services Ltd.

     4,866        11,081  

Manappuram Finance Ltd.

     3,397        4,069  

Muthoot Finance Ltd.

     840        10,739  

Shriram Transport Finance Co. Ltd.

     1,368        20,138  

Sundaram Finance Ltd.

     523        14,542  
     

 

 

 
Total Consumer Finance

 

     267,818  
Diversified Financial Services – 7.5%

 

Bajaj Finserv Ltd.

     2,810        57,973  

Bajaj Holdings & Investment Ltd.

     222        17,440  

Housing Development Finance Corp. Ltd.

     13,805        388,222  

Piramal Enterprises Ltd.

     903        9,593  
     

 

 

 
Total Diversified Financial Services

 

     473,228  
Diversified Telecommunication Services – 0.3%

 

Indus Towers Ltd.

     6,765        16,420  
Electric Utilities – 1.4%

 

Adani Transmission Ltd.*

     1,909        77,199  

Torrent Power Ltd.

     1,332        7,972  
     

 

 

 
Total Electric Utilities

 

     85,171  

 

See Notes to Financial Statements.

 

WisdomTree Trust      83  


Schedule of Investments (unaudited) (continued)

WisdomTree India ex-State-Owned Enterprises Fund (IXSE)

September 30, 2022

 

 

 

Investments    Shares      Value  
Electrical Equipment – 1.1%

 

ABB India Ltd.

     411      $ 15,603  

CG Power & Industrial Solutions Ltd.*

     4,640        13,444  

Havells India Ltd.

     1,889        31,314  

Polycab India Ltd.

     256        8,058  
     

 

 

 
Total Electrical Equipment

 

     68,419  
Entertainment – 0.1%

 

PVR Ltd.*

     292        6,420  
Food & Staples Retailing – 0.9%

 

Avenue Supermarts Ltd.*(a)

     1,072        57,803  
Food Products – 2.8%

 

Britannia Industries Ltd.

     823        38,879  

Hatsun Agro Product Ltd.

     427        5,502  

Marico Ltd.

     4,186        27,676  

Nestle India Ltd.

     249        58,598  

Tata Consumer Products Ltd.

     4,570        45,101  
     

 

 

 
Total Food Products

 

     175,756  
Gas Utilities – 1.5%

 

Adani Total Gas Ltd.

     2,131        87,487  

Gujarat Gas Ltd.

     1,423        8,803  
     

 

 

 
Total Gas Utilities

 

     96,290  
Health Care Providers & Services – 1.3%

 

Apollo Hospitals Enterprise Ltd.

     763        41,112  

Dr. Lal PathLabs Ltd.(a)

     282        8,731  

Fortis Healthcare Ltd.*

     4,282        13,906  

Max Healthcare Institute Ltd.*

     3,662        18,362  
     

 

 

 
Total Health Care Providers & Services

 

     82,111  
Hotels, Restaurants & Leisure – 0.6%

 

Indian Hotels Co. Ltd.

     4,531        18,474  

Jubilant Foodworks Ltd.

     2,880        22,045  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     40,519  
Household Durables – 0.4%

 

Crompton Greaves Consumer Electricals Ltd.

     3,637        18,415  

Dixon Technologies India Ltd.

     168        9,028  
     

 

 

 
Total Household Durables

 

     27,443  
Independent Power & Renewable Electricity Producers – 1.2%

 

Adani Green Energy Ltd.*

     2,778        77,202  
Industrial Conglomerates – 0.4%

 

Siemens Ltd.

     724        24,659  
Insurance – 1.7%

 

HDFC Life Insurance Co. Ltd.(a)

     7,393        48,206  

ICICI Lombard General Insurance Co. Ltd.(a)

     1,702        24,084  

ICICI Prudential Life Insurance Co. Ltd.(a)

     2,971        19,208  

Max Financial Services Ltd.*

     1,643        15,402  
     

 

 

 
Total Insurance

 

     106,900  
Interactive Media & Services – 0.4%

 

Info Edge India Ltd.

     570        27,050  
IT Services – 11.6%

 

Coforge Ltd.

     192        7,935  

Happiest Minds Technologies Ltd.

     453        5,535  

HCL Technologies Ltd.

     8,541      97,886  

Infosys Ltd.

     27,705        481,365  

Mphasis Ltd.

     660        16,937  

Persistent Systems Ltd.

     356        14,184  

Tech Mahindra Ltd.

     4,599        57,019  

Wipro Ltd.

     10,997        53,294  
     

 

 

 
Total IT Services

 

     734,155  
Life Sciences Tools & Services – 0.7%

 

Divi’s Laboratories Ltd.

     920        41,902  
Machinery – 0.7%

 

Ashok Leyland Ltd.

     11,295        21,194  

Cummins India Ltd.

     1,073        15,773  

Escorts Kubota Ltd.

     327        8,553  
     

 

 

 
Total Machinery

 

     45,520  
Media – 0.4%

 

Zee Entertainment Enterprises Ltd.

     7,372        23,393  
Metals & Mining – 3.0%

 

APL Apollo Tubes Ltd.

     958        12,224  

Jindal Steel & Power Ltd.

     2,866        15,099  

JSW Steel Ltd.

     7,487        58,133  

Tata Steel Ltd.

     58,150        70,980  

Vedanta Ltd.

     9,249        30,703  
     

 

 

 
Total Metals & Mining

 

     187,139  
Oil, Gas & Consumable Fuels – 10.3%

 

Reliance Industries Ltd.

     22,209        649,129  
Personal Products – 5.0%

 

Colgate-Palmolive India Ltd.

     1,177        23,574  

Dabur India Ltd.

     3,908        27,524  

Emami Ltd.

     1,401        8,685  

Godrej Consumer Products Ltd.*

     2,666        29,837  

Hindustan Unilever Ltd.

     6,869        227,678  
     

 

 

 
Total Personal Products

 

     317,298  
Pharmaceuticals – 5.3%

 

Alkem Laboratories Ltd.

     306        12,327  

Aurobindo Pharma Ltd.

     1,701        10,676  

Cipla Ltd.

     3,989        54,671  

Dr. Reddy’s Laboratories Ltd.

     956        50,951  

Gland Pharma Ltd.*(a)

     384        9,879  

Glenmark Pharmaceuticals Ltd.

     1,172        5,599  

Ipca Laboratories Ltd.

     1,032        11,608  

Laurus Labs Ltd.(a)

     2,989        18,849  

Lupin Ltd.

     1,650        13,789  

Natco Pharma Ltd.

     531        3,954  

Pfizer Ltd.

     154        8,074  

Piramal Pharma Ltd.*

     3,612        9,729  

Sun Pharmaceutical Industries Ltd.

     8,380        97,721  

Torrent Pharmaceuticals Ltd.

     816        15,646  

Zydus Lifesciences Ltd.

     2,123        10,097  
     

 

 

 
Total Pharmaceuticals

 

     333,570  
Real Estate Management & Development – 0.9%

 

DLF Ltd.

     5,218        22,879  

 

See Notes to Financial Statements.

 

84   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree India ex-State-Owned Enterprises Fund (IXSE)

September 30, 2022

 

 

 

Investments    Shares      Value  

Godrej Properties Ltd.*

     936      $ 13,737  

Oberoi Realty Ltd.

     793        8,946  

Phoenix Mills Ltd.

     599        10,302  
     

 

 

 
Total Real Estate Management & Development

 

     55,864  
Software – 0.6%

 

Cyient Ltd.

     566        5,517  

Oracle Financial Services Software Ltd.

     184        6,746  

Tata Elxsi Ltd.

     243        25,558  
     

 

 

 
Total Software

 

     37,821  
Specialty Retail – 0.4%

 

Trent Ltd.

     1,436        25,066  
Textiles, Apparel & Luxury Goods – 2.2%

 

Bata India Ltd.

     538        12,046  

Page Industries Ltd.

     44        27,404  

Rajesh Exports Ltd.

     720        5,123  

Relaxo Footwears Ltd.

     271        3,354  

Titan Co. Ltd.

     2,833        90,785  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     138,712  
Thrifts & Mortgage Finance – 0.2%

 

Aavas Financiers Ltd.*

     269        7,413  

Indiabulls Housing Finance Ltd.*

     1,689        2,465  
     

 

 

 
Total Thrifts & Mortgage Finance

 

     9,878  
Trading Companies & Distributors – 0.1%

 

IndiaMart InterMesh Ltd.(a)

     90        4,932  
Transportation Infrastructure – 0.1%

 

GMR Infrastructure Ltd.*

     14,443        6,311  
Wireless Telecommunication Services – 2.9%

 

Bharti Airtel Ltd.

     17,923        176,231  

Vodafone Idea Ltd.*

     71,639      7,749  
     

 

 

 
Total Wireless Telecommunication Services

 

     183,980  

TOTAL COMMON STOCKS

(Cost: $5,358,208)

 

 

     6,468,543  
      Principal
Amount
         
CORPORATE BONDS – 0.0%

 

India – 0.0%

 

Britannia Industries Ltd.
5.50%, 6/3/24*

     

(Cost: $328)

     23,867 INR        286  

TOTAL INVESTMENTS IN SECURITIES – 102.4%

(Cost: $5,358,536)

 

 

     6,468,829  

Other Assets less Liabilities – (2.4)%

 

     (153,502
     

 

 

 
NET ASSETS – 100.0%

 

   $ 6,315,327  
* 

Non-income producing security.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $9,729, which represents 0.15% of net assets.

 

(a) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b) 

This security, or a portion thereof, is restricted from resale (see Note 2 – Restricted Securities). In accordance with a reconstruction scheme notified by the government of India applicable to Yes Bank Ltd., effective March 16, 2020, 75% of all shares of Yes Bank Ltd. held by then-existing shareholders are subject to a three-year lock-in period and are unable to be sold. At September 30, 2022, the value of the restricted portion of this security is as follows:

 

Investment   Restricted
Shares
   

Acquisition

Date

   

Acquisition

Cost

    Value    

Value as a
Percentage

of Net
Assets

 

India Yes Bank Ltd.

    3,819      
4/2/19 –
10/18/19
 
 
  $ 11,551     $ 735       0.0

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

           

Pharmaceuticals

   $ 323,841      $      $ 9,729 *     $ 333,570  

Other

     6,134,973                      6,134,973  

Corporate Bonds

            286               286  

Total Investments in Securities

   $ 6,458,814      $ 286      $ 9,729      $ 6,468,829  
* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

 

See Notes to Financial Statements.

 

WisdomTree Trust      85  


Schedule of Investments (unaudited)

WisdomTree New Economy Real Estate Fund (WTRE)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.5%      
Australia – 6.5%      

BWP Trust

     69,947      $ 166,398  

Dexus

     109,725        544,628  

Goodman Group(a)

     98,313        997,459  

NEXTDC Ltd.*(a)

     47,790        271,009  
     

 

 

 
Total Australia

 

     1,979,494  
Belgium – 1.5%

 

Warehouses De Pauw CVA

     18,507        455,435  
Canada – 2.6%

 

Allied Properties Real Estate Investment Trust

     12,404        246,988  

Dream Industrial Real Estate Investment Trust

     35,935        280,617  

Summit Industrial Income REIT

     22,317        277,897  
     

 

 

 
Total Canada

 

     805,502  
China – 6.7%

 

China Aoyuan Group Ltd.*(a)

     234,000        26,381  

China Tower Corp. Ltd., Class H(b)

     18,800,000        2,011,746  
     

 

 

 
Total China

 

     2,038,127  
Japan – 5.0%

 

Advance Logistics Investment Corp.(a)

     60        62,261  

GLP J-REIT(a)

     503        556,360  

LaSalle Logiport REIT

     253        282,985  

Nippon Prologis REIT, Inc.

     228        498,546  

Tokyu REIT, Inc.

     94        128,000  
     

 

 

 
Total Japan

 

     1,528,152  
Singapore – 6.7%

 

CapLand Ascendas REIT

     319,336        598,658  

Digital Core REIT Management Pte Ltd.(a)

     72,100        50,470  

ESR-LOGOS REIT

     689,500        170,585  

Frasers Logistics & Commercial Trust

     334,700        286,906  

Keppel REIT

     217,200        149,856  

Mapletree Industrial Trust

     255,509        423,800  

Mapletree Logistics Trust(a)

     331,758        360,682  
     

 

 

 
Total Singapore

 

     2,040,957  
Spain – 2.6%

 

Cellnex Telecom SA(b)

     26,101        812,865  
Sweden – 0.9%

 

Fabege AB(a)

     39,929        273,089  
Tanzania – 0.3%

 

Helios Towers PLC*(a)

     67,017        84,462  
United Kingdom – 3.1%

 

Segro PLC

     50,523        424,683  

Tritax Big Box REIT PLC

     242,630        367,811  

Tritax EuroBox PLC(b)

     82,141        58,042  

Workspace Group PLC

     19,078        84,889  
     

 

 

 
Total United Kingdom

 

     935,425  
United States – 63.6%

 

Airbnb, Inc., Class A*

     9,914        1,041,367  

Alexandria Real Estate Equities, Inc.

     9,508        1,332,926  

American Tower Corp.

     5,021        1,078,009  

Americold Realty Trust, Inc.

     38,220      940,212  

Corporate Office Properties Trust

     14,691        341,272  

Cousins Properties, Inc.

     21,530        502,725  

Crown Castle International Corp.

     7,594        1,097,713  

Digital Realty Trust, Inc.

     10,343        1,025,819  

DigitalBridge Group, Inc.(a)

     16,481        206,177  

Douglas Emmett, Inc.

     23,971        429,800  

Duke Realty Corp.

     25,345        1,221,629  

EastGroup Properties, Inc.

     4,439        640,725  

Equinix, Inc.

     2,013        1,145,075  

Hudson Pacific Properties, Inc.

     17,346        189,939  

Iron Mountain, Inc.

     36,890        1,622,053  

JBG SMITH Properties

     11,816        219,541  

Kilroy Realty Corp.

     14,893        627,144  

LXP Industrial Trust

     28,266        258,917  

Prologis, Inc.

     10,407        1,057,351  

Radius Global Infrastructure, Inc., Class A*

     9,466        89,170  

Rexford Industrial Realty, Inc.

     24,392        1,268,384  

SBA Communications Corp.

     6,220        1,770,523  

Switch, Inc., Class A

     22,835        769,311  

Terreno Realty Corp.

     10,615        562,489  
     

 

 

 
Total United States

 

     19,438,271  

TOTAL COMMON STOCKS

(Cost: $40,540,984)

 

 

     30,391,779  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.3%

 

United States – 4.3%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(c)

     
(Cost: $1,304,477)      1,304,477        1,304,477  

TOTAL INVESTMENTS IN SECURITIES – 103.8%

(Cost: $41,845,461)

 

 

     31,696,256  

Other Assets less Liabilities – (3.8)%

 

     (1,156,634
     

 

 

 
NET ASSETS – 100.0%

 

   $ 30,539,622  
* 

Non-income producing security.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $26,381, which represents 0.09% of net assets.

 

(a)

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $2,497,587 and the total market value of the collateral held by the Fund was $2,661,605. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,357,128.

 

(b)

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c)

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

See Notes to Financial Statements.

 

86   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree New Economy Real Estate Fund (WTRE)

September 30, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and
Description of
Currency to
be Purchased

   

Amount and
Description of
Currency to
be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    10/3/2022       2,995       GBP       3,314       USD     $ 29     $  

Canadian Imperial Bank of Commerce

    10/3/2022       486,978       JPY       3,373       USD             (9

Deutsche Bank AG

    10/3/2022       35,836       SEK       3,203       USD       27        

Morgan Stanley & Co. International

    10/3/2022       4,322       SGD       3,015       USD             (2

Standard Chartered Bank

    10/4/2022       4,277       CAD       3,119       USD             (7
                                            $ 56     $ (18

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

           

China

   $ 2,011,746      $      $ 26,381 *     $ 2,038,127  

Other

     28,353,652                      28,353,652  

Investment of Cash Collateral for Securities Loaned

            1,304,477               1,304,477  

Total Investments in Securities

   $ 30,365,398      $ 1,304,477      $ 26,381      $ 31,696,256  

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ 56      $      $ 56  

Liabilities:

 

     

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (18    $      $ (18

Total – Net

   $ 30,365,398      $ 1,304,515      $ 26,381      $ 31,696,294  

 

* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      87  


Statements of Assets and Liabilities (unaudited)

WisdomTree Trust

September 30, 2022

 

 

 

     

WisdomTree
China
ex-State-Owned
Enterprises

Fund

    

WisdomTree
Emerging Markets
ex-State-Owned
Enterprises

Fund

     WisdomTree
Emerging Markets
High Dividend
Fund
     WisdomTree
Emerging
Markets
Multifactor
Fund
    

WisdomTree

Emerging

Markets

Quality

Dividend

Growth Fund

 

ASSETS:

              

Investments, at cost

   $ 1,226,707,320      $ 2,820,472,963      $ 1,919,267,837      $ 2,256,545      $ 76,375,847  

Foreign currency, at cost

     1,207,379        2,920,645        486,406        946         

Investments in securities, at value1,2 (Note 2)

     765,870,892        2,154,086,655        1,593,771,057        1,970,732        66,249,730  

Cash

     262,276               1,467,586        1,606         

Foreign currency, at value

     769,859        3,234,859        483,814        863         

Unrealized appreciation on foreign currency contracts

     1               4,468        27,742        11  

Receivables:

              

Investment securities sold3

     1,003,008               21,790,612               15,973  

Capital shares sold

            77,902        32,987                

Dividends

     444,378        5,578,982        12,802,208        8,774        240,199  

Securities lending income

     28,211        120,827        154,988        15        2,196  

Interest

            684               166        34  

Foreign tax reclaims

            44,346        66,003        265        1,263  

Total Assets

     768,378,625        2,163,144,255        1,630,573,723        2,010,163        66,509,406  

LIABILITIES:

              

Due to custodian

            2,798,634                      2,618  

Foreign currency due to custodian, at value

                                 2,340  

Unrealized depreciation on foreign currency contracts

     10        1,260        21,369        6,057         

Payables:

              

Cash collateral received for securities loaned (Note 2)

     9,176,539        19,740,558        28,456,502        29,817        970,995  

Investment securities purchased

            454,309        11,450        16,742         

Capital shares redeemed

     1,586,160               22,721,255                

Advisory fees (Note 3)

     220,853        618,117        908,984        827        18,269  

Service fees (Note 2)

     3,037        8,499        6,349        8        250  

Foreign capital gains tax

            8,238,011               31        341,061  

Total Liabilities

     10,986,599        31,859,388        52,125,909        53,482        1,335,533  

NET ASSETS

   $ 757,392,026      $ 2,131,284,867      $ 1,578,447,814      $ 1,956,681      $ 65,173,873  

NET ASSETS:

              

Paid-in capital

   $ 1,399,583,867      $ 3,173,419,868      $ 3,418,403,654      $ 3,392,708      $ 95,757,741  

Total distributable earnings (loss)

     (642,191,841      (1,042,135,001      (1,839,955,840      (1,436,027      (30,583,868

NET ASSETS

   $ 757,392,026      $ 2,131,284,867      $ 1,578,447,814      $ 1,956,681      $ 65,173,873  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     23,875,000        85,600,000        48,000,000        100,000        3,400,000  

Net asset value per share

   $ 31.72      $ 24.90      $ 32.88      $ 19.57      $ 19.17  

1 Includes market value of securities out on loan of:

   $ 25,800,703      $ 102,016,376      $ 91,918,276      $ 27,889      $ 1,539,808  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

3 Includes market value of securities out on loan, which were sold and pending settlement, of:

          $ 17,882      $ 41,141                

 

See Notes to Financial Statements.

 

88   WisdomTree Trust


Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Trust

September 30, 2022

 

 

 

     

WisdomTree

Emerging Markets
SmallCap Dividend

Fund

    

WisdomTree

Global ex-U.S.

Quality Dividend
Growth Fund

    

WisdomTree

Global High

Dividend Fund

    

WisdomTree

Growth

Leaders Fund

    

WisdomTree
India Earnings

Fund

(consolidated)

 

ASSETS:

              

Investments, at cost

   $ 2,469,767,424      $ 550,924,665      $ 103,777,171      $ 14,675,790      $ 448,474,757  

Investment in affiliates, at cost (Note 3)

     3,077,466               507,747               26,901  

Foreign currency, at cost

     9,732,488        146,478        33,560        643        1,583,234  

Investments in securities, at value1,2 (Note 2)

     2,172,256,315        411,871,274        94,792,017        9,271,603        703,514,963  

Investment in affiliates, at value (Note 3)

     2,726,729               495,569               34,373  

Cash

            161,136        92,326        15,398        201,564  

Foreign currency, at value

     9,619,313        144,017        33,211        618        1,556,360  

Receivables:

              

Investment securities sold

     878,833               312,991                

Capital shares sold

     11,958,401                              

Dividends

     13,733,801        998,597        327,034               674,757  

Securities lending income

     622,293        18,950        2,721        570         

Interest

                                 177  

Foreign tax reclaims

     62,787        835,399        53,245                

Total Assets

     2,211,858,472        414,029,373        96,109,114        9,288,189        705,982,194  

LIABILITIES:

              

Due to custodian

     6,781,893                              

Foreign currency due to custodian, at value

                                  

Unrealized depreciation on foreign currency contracts

     1,365                              

Payables:

              

Cash collateral received for securities loaned (Note 2)

     52,287,848        39,046,000        5,165,421        135,368         

Investment securities purchased

     11,713,874               390,974                

Advisory fees (Note 3)

     1,094,359        140,064        46,807        1,654        491,148  

Service fees (Note 2)

     8,341        1,469        354        36        2,604  

Foreign capital gains tax

     1,303,871        61,551        2,936               18,773,831  

Total Liabilities

     73,191,551        39,249,084        5,606,492        137,058        19,267,583  

NET ASSETS

   $ 2,138,666,921      $ 374,780,289      $ 90,502,622      $ 9,151,131      $ 686,714,611  

NET ASSETS:

              

Paid-in capital

   $ 2,889,694,717      $ 525,597,018      $ 117,797,538      $ 16,536,738      $ 488,092,843  

Total distributable earnings (loss)

     (751,027,796      (150,816,729      (27,294,916      (7,385,607      198,621,768  

NET ASSETS

   $ 2,138,666,921      $ 374,780,289      $ 90,502,622      $ 9,151,131      $ 686,714,611  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     53,400,000        13,500,000        2,200,000        365,000        22,200,000  

Net asset value per share

   $ 40.05      $ 27.76      $ 41.14      $ 25.07      $ 30.93  

1 Includes market value of securities out on loan of:

   $ 278,197,787      $ 45,730,219      $ 6,500,044      $ 429,518         

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

 

See Notes to Financial Statements.

 

WisdomTree Trust      89  


Statements of Assets and Liabilities (unaudited) (concluded)

WisdomTree Trust

September 30, 2022

 

 

 

     

WisdomTree
India

ex-State-Owned
Enterprises

Fund

    

WisdomTree

New Economy

Real Estate

Fund

 

ASSETS:

     

Investments, at cost

   $ 5,358,536      $ 41,845,461  

Foreign currency, at cost

     1,058        4,000  

Investments in securities, at value1,2 (Note 2)

     6,468,829        31,696,256  

Cash

     5,250        66,236  

Foreign currency, at value

     1,040        3,917  

Unrealized appreciation on foreign currency contracts

            56  

Receivables:

     

Dividends

     603        94,112  

Securities lending income

            632  

Interest

     432         

Foreign tax reclaims

            41,496  

Total Assets

     6,476,154        31,902,705  

LIABILITIES:

     

Unrealized depreciation on foreign currency contracts

            18  

Payables:

     

Cash collateral received for securities loaned (Note 2)

            1,304,477  

Investment securities purchased

            41,427  

Advisory fees (Note 3)

     3,126        17,032  

Service fees (Note 2)

     24        129  

Foreign capital gains tax

     157,677         

Total Liabilities

     160,827        1,363,083  

NET ASSETS

   $ 6,315,327      $ 30,539,622  

NET ASSETS:

     

Paid-in capital

   $ 5,635,572      $ 84,160,622  

Total distributable earnings (loss)

     679,755        (53,621,000

NET ASSETS

   $ 6,315,327      $ 30,539,622  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     200,000        1,950,000  

Net asset value per share

   $ 31.58      $ 15.66  

1 Includes market value of securities out on loan of:

          $ 2,497,587  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

     

 

See Notes to Financial Statements.

 

90   WisdomTree Trust


Statements of Operations (unaudited)

WisdomTree Trust

For the Six Months Ended September 30, 2022

 

 

 

     WisdomTree
China
ex-State-Owned
Enterprises
Fund
    WisdomTree
Emerging Markets
ex-State-Owned
Enterprises Fund
    WisdomTree
Emerging Markets
High Dividend Fund
   

WisdomTree
Emerging
Markets

Multifactor
Fund

   

WisdomTree
Emerging
Markets

Quality
Dividend
Growth Fund

 

INVESTMENT INCOME:

 

 

Dividends

  $ 9,360,678     $ 45,524,605     $ 132,036,767     $ 86,346     $ 2,242,941  

Dividends from affiliates (Note 3)

                22,665              

Interest

          1,402             185       61  

Non-cash dividends

          325,145       350,147       105        

Securities lending income, net (Note 2)

    215,406       888,734       763,580       68       12,737  

Less: Foreign withholding taxes on dividends

    (554,176     (6,609,783     (12,839,037     (10,096     (242,161

Total investment income

    9,021,908       40,130,103       120,334,122       76,608       2,013,578  

EXPENSES:

         

Advisory fees (Note 3)

    1,352,820       4,282,174       5,934,798       5,244       119,147  

Service fees (Note 2)

    18,601       58,880       41,449       48       1,638  

Total expenses

    1,371,421       4,341,054       5,976,247       5,292       120,785  

Expense waivers (Note 3)

                (1,636            

Net expenses

    1,371,421       4,341,054       5,974,611       5,292       120,785  

Net investment income

    7,650,487       35,789,049       114,359,511       71,316       1,892,793  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

         

Net realized gain (loss) from:

         

Investment transactions1

    (34,712,885     (104,075,212     (48,019,988     (160,375     (1,122,820

Investment transactions in affiliates (Note 3)

                (158,512            

In-kind redemptions

    460,401       9,179,160       1,124,949             214,052  

Foreign currency contracts

    790,772       4,449       (706,572     90,506       16,219  

Foreign currency related transactions

    (323,461     (1,590,364     (1,689,781     1,498       (70,812

Net realized loss

    (33,785,173     (96,481,967     (49,449,904     (68,371     (963,361

Net increase (decrease) in unrealized appreciation/depreciation:

         

Investment transactions2

    (184,400,340     (650,953,367     (492,648,663     (385,540     (21,480,990

Investment transactions in affiliates (Note 3)

                (26,477            

Foreign currency contracts

    661       (1,260     (16,901     24,262       11  

Translation of assets and liabilities denominated in foreign currencies

    (448,058     259,733       (320,980     (231     (4,697

Net decrease in unrealized appreciation/depreciation

    (184,847,737     (650,694,894     (493,013,021     (361,509     (21,485,676

Net realized and unrealized loss on investments

    (218,632,910     (747,176,861     (542,462,925     (429,880     (22,449,037

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

  $ (210,982,423   $ (711,387,812   $ (428,103,414   $ (358,564   $ (20,556,244

1 Net of foreign capital gains tax of:

        $ 2,551,067           $ 553     $ 37,000  

2 Includes net increase (decrease) in accrued foreign capital gain taxes of:

        $ (3,256,579   $ (272,905   $ (3,209   $ (171,064

 

See Notes to Financial Statements.

 

WisdomTree Trust      91  


Statements of Operations (unaudited) (continued)

WisdomTree Trust

For the Six Months Ended September 30, 2022

 

 

 

     WisdomTree
Emerging Markets
SmallCap Dividend
Fund
    WisdomTree
Global ex-U.S.
Quality Dividend
Growth Fund
    WisdomTree
Global High
Dividend Fund
    WisdomTree
Growth
Leaders Fund
    WisdomTree
India Earnings
Fund

(consolidated)
 

INVESTMENT INCOME:

 

 

Dividends

  $ 101,936,852     $ 12,605,275     $ 2,371,937     $ 15,407     $ 10,856,413  

Dividends from affiliates (Note 3)

    1,538,350       166,240       14,003             682  

Interest

    59                         307  

Non-cash dividends

    1,424,920       3,981,438       121,696              

Securities lending income, net (Note 2)

    4,075,458       152,700       12,000       4,341        

Less: Foreign withholding taxes on dividends

    (13,968,828     (1,219,568     (126,305           (2,321,767

Total investment income

    95,006,811       15,686,085       2,393,331       19,748       8,535,635  

EXPENSES:

         

Advisory fees (Note 3)

    6,942,750       982,143       245,718       11,221       3,140,342  

Service fees (Note 2)

    52,668       10,289       1,864       247       16,648  

Interest expense (Note 8)

                            122,039  

Total expenses

    6,995,418       992,432       247,582       11,468       3,279,029  

Expense waivers (Note 3)

    (16,639     (853                 (69

Net expenses

    6,978,779       991,579       247,582       11,468       3,278,960  

Net investment income

    88,028,032       14,694,506       2,145,749       8,280       5,256,675  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

         

Net realized gain (loss) from:

         

Investment transactions1

    (26,838,005     (5,260,810     (393,134     (1,471,944     55,345,580  

Investment transactions in affiliates (Note 3)

    (5,210,396     (727,962     (84,601            

In-kind redemptions

          4,760,261             (315,975      

Foreign currency contracts

    (802,204     (34,743     (27,741     (5,019     (145,601

Foreign currency related transactions

    (1,134,488     (252,214     (16,825     4,687       (775,901

Net realized gain (loss)

    (33,985,093     (1,515,468     (522,301     (1,788,251     54,424,078  

Net increase (decrease) in unrealized appreciation/depreciation:

         

Investment transactions2

    (632,300,266     (167,836,039     (17,143,918     (3,066,687     (146,024,084

Investment transactions in affiliates (Note 3)

    (652,236     (13,234     (12,465           (3,783

Foreign currency contracts

    (1,365     1,394                    

Translation of assets and liabilities denominated in foreign currencies

    (626,394     (105,015     (6,657     (92     (56,837

Net decrease in unrealized appreciation/depreciation

    (633,580,261     (167,952,894     (17,163,040     (3,066,779     (146,084,704

Net realized and unrealized loss on investments

    (667,565,354     (169,468,362     (17,685,341     (4,855,030     (91,660,626

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

  $ (579,537,322   $ (154,773,856   $ (15,539,592   $ (4,846,750   $ (86,403,951

1 Net of foreign capital gains tax of:

        $ 112,314                 $ 6,421,330  

2 Includes net increase (decrease) in accrued foreign capital gain taxes of:

  $ (305,768   $ (542,855   $ 2,580           $ (12,819,710

 

See Notes to Financial Statements.

 

92   WisdomTree Trust


Statements of Operations (unaudited) (concluded)

WisdomTree Trust

For the Six Months Ended September 30, 2022

 

 

 

     WisdomTree
India
ex-State-Owned
Enterprises
Fund
    WisdomTree
New Economy
Real Estate
Fund
 

INVESTMENT INCOME:

 

Dividends

  $ 54,231     $ 603,528  

Interest

    481        

Non-cash dividends

          10,230  

Securities lending income, net (Note 2)

          5,161  

Less: Foreign withholding taxes on dividends

    (12,388     (23,105

Total investment income

    42,324       595,814  

EXPENSES:

   

Advisory fees (Note 3)

    18,836       124,202  

Service fees (Note 2)

    143       942  

Total expenses

    18,979       125,144  

Net investment income

    23,345       470,670  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

   

Net realized gain (loss) from:

   

Investment transactions1

    (24,219     (6,859,750

In-kind redemptions

          (392,250

Foreign currency contracts

    (393     232,674  

Foreign currency related transactions

    (1,095     (256,569

Net realized loss

    (25,707     (7,275,895

Net increase (decrease) in unrealized appreciation/depreciation:

   

Investment transactions2

    (534,613     (9,498,967

Foreign currency contracts

          (16

Translation of assets and liabilities denominated in foreign currencies

    (50     (5,122

Net decrease in unrealized appreciation/depreciation

    (534,663     (9,504,105

Net realized and unrealized loss on investments

    (560,370     (16,780,000

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

  $ (537,025   $ (16,309,330

1 Net of foreign capital gains tax of:

  $ 6,547     $ 807  

2 Includes net increase (decrease) in accrued foreign capital gain taxes of:

  $ (19,078   $ (347

 

See Notes to Financial Statements.

 

WisdomTree Trust      93  


Statements of Changes in Net Assets

WisdomTree Trust

 

 

 

 

    

WisdomTree China ex-State-Owned

Enterprises Fund

   

WisdomTree Emerging Markets ex-State-

Owned Enterprises Fund

   

WisdomTree Emerging Markets

High Dividend Fund

 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 7,650,487     $ 11,106,857     $ 35,789,049     $ 69,570,311     $ 114,359,511     $ 121,539,001  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

    (33,785,173     (87,004,581     (96,481,967     (75,601,254     (49,449,904     160,658,095  

Net decrease in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (184,847,737     (383,920,005     (650,694,894     (719,116,750     (493,013,021     (183,094,360

Net increase from payment by affiliate

                      83,629              

Net increase (decrease) in net assets resulting from operations

    (210,982,423     (459,817,729     (711,387,812     (725,064,064     (428,103,414     99,102,736  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (7,628,500     (10,485,930     (52,252,500     (62,418,244     (110,853,000     (121,113,777

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    148,750,629       529,146,692       16,749,145       219,724,718       60,582,187       273,134,390  

Cost of shares redeemed

    (8,027,784     (138,255,251     (441,689,616     (832,312,478     (63,023,370     (47,979,758

Net increase (decrease) in net assets resulting from capital share transactions

    140,722,845       390,891,441       (424,940,471     (612,587,760     (2,441,183     225,154,632  

Net Increase (Decrease) in Net Assets

    (77,888,078     (79,412,218     (1,188,580,783     (1,400,070,068     (541,397,597     203,143,591  

NET ASSETS:

 

Beginning of period

  $ 835,280,104     $ 914,692,322     $ 3,319,865,650     $ 4,719,935,718     $ 2,119,845,411     $ 1,916,701,820  

End of period

  $ 757,392,026     $ 835,280,104     $ 2,131,284,867     $ 3,319,865,650     $ 1,578,447,814     $ 2,119,845,411  

SHARES CREATED AD REDEEMED:

 

Shares outstanding, beginning of period

    20,425,000       14,200,000       100,300,000       117,100,000       48,200,000       43,300,000  

Shares created

    3,675,000       8,875,000       500,000       5,300,000       1,600,000       6,000,000  

Shares redeemed

    (225,000     (2,650,000     (15,200,000     (22,100,000     (1,800,000     (1,100,000

Shares outstanding, end of period

    23,875,000       20,425,000       85,600,000       100,300,000       48,000,000       48,200,000  

 

See Notes to Financial Statements.

 

94   WisdomTree Trust


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

    

WisdomTree Emerging Markets

Multifactor Fund

   

WisdomTree Emerging Markets

Quality Dividend Growth Fund

   

WisdomTree Emerging Markets SmallCap

Dividend Fund

 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 71,316     $ 157,172     $ 1,892,793     $ 2,694,963     $ 88,028,032     $ 85,237,971  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

    (68,371     411,928       (963,361     1,538,462       (33,985,093     135,477,592  

Net decrease in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (361,509     (668,717     (21,485,676     (12,236,312     (633,580,261     (23,627,110

Net increase (decrease) in net assets resulting from operations

    (358,564     (99,617     (20,556,244     (8,002,887     (579,537,322     197,088,453  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (51,000     (134,000     (2,652,000     (2,582,002     (97,677,500     (91,424,730

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

                6,405,371       2,859,531       240,289,867       534,715,596  

Cost of shares redeemed

          (2,561,737     (4,728,434                  

Net increase (decrease) in net assets resulting from capital share transactions

          (2,561,737     1,676,937       2,859,531       240,289,867       534,715,596  

Net Increase (Decrease) in Net Assets

    (409,564     (2,795,354     (21,531,307     (7,725,358     (436,924,955     640,379,319  

NET ASSETS:

 

Beginning of period

  $ 2,366,245     $ 5,161,599     $ 86,705,180     $ 94,430,538     $ 2,575,591,876     $ 1,935,212,557  

End of period

  $ 1,956,681     $ 2,366,245     $ 65,173,873     $ 86,705,180     $ 2,138,666,921     $ 2,575,591,876  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    100,000       200,000       3,300,000       3,200,000       48,200,000       38,100,000  

Shares created

                300,000       100,000       5,200,000       10,100,000  

Shares redeemed

          (100,000     (200,000                  

Shares outstanding, end of period

    100,000       100,000       3,400,000       3,300,000       53,400,000       48,200,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      95  


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

    

WisdomTree Global ex-U.S. Quality

Dividend Growth Fund

   

WisdomTree Global High

Dividend Fund

   

WisdomTree

Growth Leaders Fund

 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

   

Net investment income

  $ 14,694,506     $ 10,808,007     $ 2,145,749     $ 2,708,774     $ 8,280     $ 3,955  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

    (1,515,468     31,560,593       (522,301     6,299,464       (1,788,251     189,499  

Net decrease in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (167,952,894     (29,687,264     (17,163,040     (1,056,457     (3,066,779     (3,284,795

Net increase (decrease) in net assets resulting from operations

    (154,773,856     12,681,336       (15,539,592     7,951,781       (4,846,750     (3,091,341

DISTRIBUTIONS TO SHAREHOLDERS:

 

   

Distributable earnings

    (14,628,000     (9,420,001     (2,083,000     (2,682,732           (5,287

CAPITAL SHARE TRANSACTIONS:

 

   

Net proceeds from sale of shares

    31,697,338       258,196,116       39,235,882       19,674,154             5,203,072  

Cost of shares redeemed

    (54,753,979     (49,348,920           (21,694,612     (1,358,592     (1,160,393

Net increase (decrease) in net assets resulting from capital share transactions

    (23,056,641     208,847,196       39,235,882       (2,020,458     (1,358,592     4,042,679  

Net Increase (Decrease) in Net Assets

    (192,458,497     212,108,531       21,613,290       3,248,591       (6,205,342     946,051  

NET ASSETS:

 

   

Beginning of period

  $ 567,238,786     $ 355,130,255     $ 68,889,332     $ 65,640,741     $ 15,356,473     $ 14,410,422  

End of period

  $ 374,780,289     $ 567,238,786     $ 90,502,622     $ 68,889,332     $ 9,151,131     $ 15,356,473  

SHARES CREATED AND REDEEMED:

 

   

Shares outstanding, beginning of period

    14,200,000       9,200,000 1      1,350,000       1,400,000       415,000       325,004  

Shares created

    1,000,000       6,200,000 1      850,000       400,000             115,000  

Shares redeemed

    (1,700,000     (1,200,000 )1            (450,000     (50,000     (25,004

Shares outstanding, end of period

    13,500,000       14,200,000 1      2,200,000       1,350,000       365,000       415,000  
1 

Shares were adjusted to reflect a 2:1 stock split effective June 9, 2021.

 

See Notes to Financial Statements.

 

96   WisdomTree Trust


Statements of Changes in Net Assets (concluded)

WisdomTree Trust

 

 

 

 

     WisdomTree India Earnings Fund
(consolidated)
   

WisdomTree India ex-State-Owned

Enterprises Fund

   

WisdomTree New Economy

Real Estate Fund

 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

   

Net investment income

  $ 5,256,675     $ 9,762,244     $ 23,345     $ 6,395     $ 470,670     $ 2,675,619  

Net realized gain (loss) on investments and foreign currency related transactions

    54,424,078       92,498,238       (25,707     (55,786     (7,275,895     521,832  

Net increase (decrease) in unrealized appreciation/depreciation on investments and translation of assets and liabilities denominated in foreign currencies

    (146,084,704     34,978,873       (534,663     668,560       (9,504,105     (6,993,362

Net increase from payment by affiliate

          3,791                          

Net increase (decrease) in net assets resulting from operations

    (86,403,951     137,243,146       (537,025     619,169       (16,309,330     (3,795,911

DISTRIBUTIONS TO SHAREHOLDERS:

 

   

Distributable earnings

    (40,595,106     (12,894,200     (124,000     (1,470     (420,750     (3,737,023

CAPITAL SHARE TRANSACTIONS:

 

   

Net proceeds from sale of shares

    6,486,293       82,707,196             1,809,189             1,325,684  

Cost of shares redeemed

    (86,614,038     (101,040,011                 (7,580,615     (2,653,067

Net increase (decrease) in net assets resulting from capital share transactions

    (80,127,745     (18,332,815           1,809,189       (7,580,615     (1,327,383

Net Increase (Decrease) in Net Assets

    (207,126,802     106,016,131       (661,025     2,426,888       (24,310,695     (8,860,317

NET ASSETS:

 

   

Beginning of period

  $ 893,841,413     $ 787,825,282     $ 6,976,352     $ 4,549,464     $ 54,850,317     $ 63,710,634  

End of period

  $ 686,714,611     $ 893,841,413     $ 6,315,327     $ 6,976,352     $ 30,539,622     $ 54,850,317  

SHARES CREATED AND REDEEMED:

 

   

Shares outstanding, beginning of period

    24,600,000       25,200,000       200,000       150,000       2,350,000       2,400,000  

Shares created

    200,000       2,200,000             50,000             50,000  

Shares redeemed

    (2,600,000     (2,800,000                 (400,000     (100,000

Shares outstanding, end of period

    22,200,000       24,600,000       200,000       200,000       1,950,000       2,350,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      97  


Financial Highlights

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree China ex-State-
Owned Enterprises Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 20211
    For the
Year Ended
March 31, 20201
    For the
Year Ended
March 31, 20191
    For the
Year Ended
March 31, 20181
 

Net asset value, beginning of period

  $ 40.89     $ 64.41     $ 38.44     $ 38.84     $ 43.62     $ 28.59  

Investment operations:

           

Net investment income2

    0.35       0.60       0.23       0.39       0.49       0.06  

Net realized and unrealized gain (loss)

    (9.18     (23.54     26.10       (0.39     (4.82     15.28  

Total from investment operations

    (8.83     (22.94     26.33       0.00 3      (4.33     15.34  

Dividends and distributions to shareholders:

           

Net investment income

    (0.34     (0.58     (0.35     (0.40     (0.45     (0.31

Tax return of capital

                (0.01           (0.00 )3       

Total dividends and distributions to shareholders

    (0.34     (0.58     (0.36     (0.40     (0.45     (0.31

Net asset value, end of period

  $ 31.72     $ 40.89     $ 64.41     $ 38.44     $ 38.84     $ 43.62  

TOTAL RETURN4

    (21.75 )%      (35.81 )%      68.71     0.07     (9.91 )%      53.95

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 757,392     $ 835,280     $ 914,692     $ 188,351     $ 143,699     $ 215,928  

Ratios to average net assets of:

           

Expenses, net of expense waivers

    0.32 %5      0.32     0.32 %6      0.32 %7      0.32 %7      0.33 %7,8 

Expenses, prior to expense waivers

    0.32 %5      0.32     0.38     0.63     0.63     0.63

Net investment income

    1.81 %5      1.10     0.37     1.03     1.31     0.14

Portfolio turnover rate9

    5     36     20     22     35     20

 

             
WisdomTree Emerging Markets
ex-State-Owned Enterprises Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 33.10     $ 40.31     $ 24.40     $ 28.79     $ 31.99     $ 24.72  

Investment operations:

           

Net investment income2

    0.39       0.62       0.41       0.62       0.42       0.28  

Net realized and unrealized gain (loss)

    (7.99     (7.28     15.91       (4.38     (3.20     7.20  

Net increase from payment by affiliate

          0.00 3      0.00 3            0.00 3       

Total from investment operations

    (7.60     (6.66     16.32       (3.76     (2.78     7.48  

Dividends to shareholders:

           

Net investment income

    (0.60     (0.55     (0.41     (0.63     (0.42     (0.21

Net asset value, end of period

  $ 24.90     $ 33.10     $ 40.31     $ 24.40     $ 28.79     $ 31.99  

TOTAL RETURN4

    (23.12 )%      (16.70 )%10      67.18 %11      (13.36 )%      (8.64 )%11      30.30

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 2,131,285     $ 3,319,866     $ 4,719,936     $ 809,991     $ 305,184     $ 92,776  

Ratios to average net assets of:

           

Expenses, net of expense waivers

    0.32 %5      0.32     0.32 %6      0.32 %7      0.32 %7      0.33 %7 

Expenses, prior to expense waivers

    0.32 %5      0.32     0.37     0.58     0.58     0.58

Net investment income

    2.67 %5      1.62     1.11     2.14     1.51     0.92

Portfolio turnover rate9

    4     18     34     19     24     68
1 

Shares were adjusted to reflect a 2:1 stock split effective October 16, 2020.

 

2 

Based on average shares outstanding.

 

3 

Amount represents less than $0.005.

 

4 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

5 

Annualized.

 

6 

The investment advisor had contractually agreed to limit the advisory fee to 0.32% through July 31, 2020. On July 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.32%.

 

7 

Effective June 30, 2017, the investment advisor contractually agreed to limit the advisory fee to 0.32% through July 31, 2020, unless earlier terminated by the Board of Trustees of the Trust.

 

8 

Effective July 1, 2015, the investment advisor contractually agreed to limit the advisory fee to 0.53% through July 31, 2017, unless earlier terminated by the Board of Trustees of the Trust.

 

9 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

10

Includes a voluntary reimbursement from the sub-advisor for investment losses on certain foreign exchange transactions during the period. Excluding this voluntary reimbursement, total return would have been unchanged.

 

11 

Includes a reimbursement from the sub-advisor for an operational error that resulted in investment transaction losses. Excluding the reimbursement, total return would have been unchanged.

 

See Notes to Financial Statements.

 

98   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Emerging Markets
High Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 43.98     $ 44.27     $ 32.45     $ 43.72     $ 47.35     $ 40.69  

Investment operations:

           

Net investment income1

    2.35       2.75       1.76       2.10       1.84       1.67  

Net realized and unrealized gain (loss)

    (11.18     (0.30     11.93       (11.25     (3.57     6.65  

Total from investment operations

    (8.83     2.45       13.69       (9.15     (1.73     8.32  

Dividends to shareholders:

           

Net investment income

    (2.27     (2.74     (1.87     (2.12     (1.90     (1.66

Net asset value, end of period

  $ 32.88     $ 43.98     $ 44.27     $ 32.45     $ 43.72     $ 47.35  

TOTAL RETURN2

    (20.21 )%      5.65     43.37     (22.06 )%      (3.51 )%      20.98

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 1,578,448     $ 2,119,845     $ 1,916,702     $ 1,638,935     $ 2,173,006     $ 2,282,176  

Ratios to average net assets3 of:

           

Expenses4

    0.63 %5      0.64 %6      0.63     0.63     0.63     0.63

Net investment income

    12.14 %5      6.16     4.58     4.91     4.23     3.81

Portfolio turnover rate7

    7     53     62     41     44     41

 

           
WisdomTree Emerging Markets
Multifactor Fund
   For the
Six Months Ended
September 30, 2022
(unaudited)
     For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
     For the Period
August 10, 2018*
through
March 31, 2019
 

Net asset value, beginning of period

   $ 23.66      $ 25.81     $ 17.75     $ 23.61      $ 24.68  

Investment operations:

            

Net investment income1

     0.71        1.01       0.56       0.73        0.29  

Net realized and unrealized gain (loss)

     (4.29      (2.44     7.90       (5.91      (1.16

Total from investment operations

     (3.58      (1.43     8.46       (5.18      (0.87

Dividends to shareholders:

            

Net investment income

     (0.51      (0.72     (0.40     (0.68      (0.20

Net asset value, end of period

   $ 19.57      $ 23.66     $ 25.81     $ 17.75      $ 23.61  

TOTAL RETURN2

     (15.19 )%       (5.72 )%      48.12     (22.44 )%       (3.52 )% 

RATIOS/SUPPLEMENTAL DATA:

            

Net assets, end of period (000’s omitted)

   $ 1,957      $ 2,366     $ 5,162     $ 7,102      $ 18,886  

Ratios to average net assets of:

            

Expenses

     0.48 %5       0.48 %3,4      0.48 %3,4      0.48      0.48 %4,5 

Net investment income

     6.53 %5       3.91 %3      2.51 %3      3.24      1.97 %5 

Portfolio turnover rate7

     65      115     125     166      133
*

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

5 

Annualized.

 

6 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.63%.

 

7 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

See Notes to Financial Statements.

 

WisdomTree Trust      99  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Emerging Markets
Quality Dividend Growth Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 26.27     $ 29.51     $ 19.43     $ 24.71     $ 26.94     $ 23.03  

Investment operations:

           

Net investment income1

    0.58       0.83       0.61       0.66       0.71       0.56  

Net realized and unrealized gain (loss)

    (6.87     (3.28     10.08       (5.32     (2.30     3.87  

Total from investment operations

    (6.29     (2.45     10.69       (4.66     (1.59     4.43  

Dividends to shareholders:

           

Net investment income

    (0.81     (0.79     (0.61     (0.62     (0.64     (0.52

Net asset value, end of period

  $ 19.17     $ 26.27     $ 29.51     $ 19.43     $ 24.71     $ 26.94  

TOTAL RETURN2

    (24.20 )%      (8.48 )%      55.66     (19.30 )%      (5.79 )%      19.44

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 65,174     $ 86,705     $ 94,431     $ 69,936     $ 69,189     $ 75,442  

Ratios to average net assets of:

           

Expenses, net of expense waivers

    0.32 %3      0.32     0.32 %4      0.32 %5      0.32 %5      0.39 %5 

Expenses, prior to expense waivers

    0.32 %3      0.32     0.42     0.63     0.63     0.63

Net investment income

    5.08 %3      2.89     2.38     2.74     2.93     2.17

Portfolio turnover rate6

    7     42     57     55     81     62

 

             
WisdomTree Emerging Markets
SmallCap Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 53.44     $ 50.79     $ 32.98     $ 47.03     $ 53.47     $ 44.62  

Investment operations:

           

Net investment income1

    1.73       1.99       1.58       1.82       1.79       1.42  

Net realized and unrealized gain (loss)

    (13.22     2.80       18.04       (14.02     (6.35     8.89  

Total from investment operations

    (11.49     4.79       19.62       (12.20     (4.56     10.31  

Dividends to shareholders:

           

Net investment income

    (1.90     (2.14     (1.81     (1.85     (1.88     (1.46

Net asset value, end of period

  $ 40.05     $ 53.44     $ 50.79     $ 32.98     $ 47.03     $ 53.47  

TOTAL RETURN2

    (21.71 )%      9.48     60.63     (26.95 )%      (8.40 )%      23.55

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 2,138,667     $ 2,575,592     $ 1,935,213     $ 1,216,850     $ 1,424,969     $ 1,743,104  

Ratios to average net assets7 of:

           

Expenses8

    0.58 %3      0.61 %9,10      0.63     0.63     0.63     0.63

Net investment income

    7.35 %3      3.75     3.65     4.05     3.81     2.88

Portfolio turnover rate6

    3     45     59     47     40     48
1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

Annualized.

 

4 

The investment advisor had contractually agreed to limit the advisory fee to 0.32% through July 31, 2020. On July 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.32%.

 

5 

Effective June 30, 2017, the investment advisor contractually agreed to limit the advisory fee to 0.32% through July 31, 2020, unless earlier terminated by the Board of Trustees of the Trust.

 

6 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

7 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

8 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

9 

Prior to September 1, 2021, the Fund’s annual advisory fee rate was 0.63% and, thereafter, was reduced to 0.58% per annum.

 

10 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.60%.

 

See Notes to Financial Statements.

 

100   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Global ex-U.S.
Quality Dividend Growth
Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 20221
    For the
Year Ended
March 31, 20211
    For the
Year Ended
March 31, 20201
    For the
Year Ended
March 31, 20191
    For the
Year Ended
March 31, 20181
 

Net asset value, beginning of period

  $ 39.95     $ 38.60     $ 26.57     $ 27.80     $ 29.52     $ 25.02  

Investment operations:

           

Net investment income2

    1.06       1.01       0.80       0.80       0.58       0.62  

Net realized and unrealized gain (loss)

    (12.19     1.15       11.94       (1.31     (1.67     4.40  

Total from investment operations

    (11.13     2.16       12.74       (0.51     (1.09     5.02  

Dividends to shareholders:

           

Net investment income

    (1.06     (0.81     (0.71     (0.72     (0.63     (0.52

Net asset value, end of period

  $ 27.76     $ 39.95     $ 38.60     $ 26.57     $ 27.80     $ 29.52  

TOTAL RETURN3

    (28.04 )%      5.57     48.25     (2.01 )%      (3.65 )%      20.18

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 374,780     $ 567,239     $ 355,130     $ 95,661     $ 72,280     $ 70,841  

Ratios to average net assets4 of:

           

Expenses

    0.42 %5      0.54 %6,7,8      0.58     0.58 %6      0.58 %6      0.58 %6 

Net investment income

    6.28 %5      2.44     2.29     2.68     2.11     2.20

Portfolio turnover rate9

    6     59     56     56     60     67

 

             
WisdomTree Global High
Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 51.03     $ 46.89     $ 34.33     $ 46.11     $ 46.38     $ 44.75  

Investment operations:

           

Net investment income2

    1.19       1.95       1.63       1.78       1.77       1.59  

Net realized and unrealized gain (loss)

    (9.97     4.02       12.62       (11.79     (0.18     1.54  

Total from investment operations

    (8.78     5.97       14.25       (10.01     1.59       3.13  

Dividends to shareholders:

           

Net investment income

    (1.11     (1.83     (1.69     (1.77     (1.86     (1.50

Net asset value, end of period

  $ 41.14     $ 51.03     $ 46.89     $ 34.33     $ 46.11     $ 46.38  

TOTAL RETURN3

    (17.34 )%      12.96     42.38     (22.46 )%      3.59     7.02

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 90,503     $ 68,889     $ 65,641     $ 66,952     $ 92,227     $ 104,358  

Ratios to average net assets4 of:

           

Expenses6

    0.58 %5      0.58 %10      0.58     0.58     0.58     0.58

Net investment income

    5.06 %5      3.98     4.05     3.88     3.86     3.41

Portfolio turnover rate9

    5     39     48     32     19     21
1 

Per share amounts were adjusted to reflect a 2:1 stock split effective June 9, 2021.

 

2 

Based on average shares outstanding.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

5 

Annualized.

 

6 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

7 

Prior to January 1, 2022, the Fund’s annual advisory fee rate was 0.58% and, thereafter, was reduced to 0.42% per annum.

 

8 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been unchanged.

 

9 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

10 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been unchanged.

 

See Notes to Financial Statements.

 

WisdomTree Trust      101  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Growth Leaders Fund    For the
Six Months Ended
September 30, 2022
(unaudited)
     For the
Year Ended
March 31, 2022
     For the
Year Ended
March 31, 20211
     For the Period
May 22, 2019*
through
March 31, 2020
 

Net asset value, beginning of period

   $ 37.00      $ 44.34      $ 23.34      $ 24.80  

Investment operations:

           

Net investment income2

     0.02        0.01        0.03        0.06  

Net realized and unrealized gain (loss)

     (11.95      (7.34      21.02        (1.44

Total from investment operations

     (11.93      (7.33      21.05        (1.38

Dividends to shareholders:

           

Net investment income

            (0.01      (0.05      (0.08

Net asset value, end of period

   $ 25.07      $ 37.00      $ 44.34      $ 23.34  

TOTAL RETURN3

     (32.24 )%       (16.53 )%       90.18      (5.61 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

   $ 9,151      $ 15,356      $ 14,410      $ 1,751  

Ratios to average net assets of:

           

Expenses

     0.20 %4       0.20      0.24 %5       0.45 %4 

Net investment income

     0.15 %4       0.02      0.08      0.27 %4 

Portfolio turnover rate6

     21      52      40      9

 

             
WisdomTree India Earnings
Fund
(consolidated)
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 36.34     $ 31.26     $ 16.19     $ 26.26     $ 25.88     $ 24.07  

Investment operations:

           

Net investment income2

    0.23       0.38       0.16       0.30       0.28       0.24  

Net realized and unrealized gain (loss)

    (3.79     5.20       15.16       (10.18     0.45       1.79  

Net increase from payment by affiliate

          0.00 7                         

Total from investment operations

    (3.56     5.58       15.32       (9.88     0.73       2.03  

Dividends and distributions to shareholders:

           

Net investment income

    (1.85     (0.50     (0.25     (0.19     (0.34     (0.22

Tax return of capital

                            (0.01      

Total dividends and distributions to shareholders

    (1.85     (0.50     (0.25     (0.19     (0.35     (0.22

Net asset value, end of period

  $ 30.93     $ 36.34     $ 31.26     $ 16.19     $ 26.26     $ 25.88  

TOTAL RETURN3

    (9.57 )%      17.85 %8      95.10     (37.84 )%      2.89     8.46

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 686,715     $ 893,841     $ 787,825     $ 563,317     $ 1,323,424     $ 1,671,567  

Ratios to average net assets of:

           

Expenses

    0.87 %4,9,10,11      0.84 %10,11,12      0.84 %10,11,12      0.84 %10,11,12      0.85 %12      0.84 %12 

Net investment income

    1.39 %4,10      1.07 %10      0.67 %10      1.22 %10      1.14     0.91

Portfolio turnover rate6

    22     30     23     32     37     22
*

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1 

The information reflects the investment objective and strategy of the WisdomTree Modern Tech Platforms Fund through July 31, 2020 and the investment objective and strategy of the WisdomTree Growth Leaders Fund thereafter. The increase in the portfolio turnover rate was primarily a result of the aforementioned investment objective and strategy change.

 

2 

Based on average shares outstanding.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees for the WisdomTree India Earnings Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

Annualized.

 

5 

Prior to August 1, 2020, the Fund’s net expense ratio was 0.45% and, thereafter, was reduced to 0.20% per annum.

 

6 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

7 

Amount represents less than $0.005.

 

8 

Includes a voluntary reimbursement from the sub-advisor for investment losses on certain foreign exchange transactions during the period. Excluding this voluntary reimbursement, total return would have been 0.04% lower.

 

9 

Includes interest expense of 0.03% for the six months ended September 30, 2022.

 

10 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

11 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

12 

Includes interest expense of 0.01% for the fiscal year.

 

See Notes to Financial Statements.

 

102   WisdomTree Trust


Financial Highlights (concluded)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree India ex-State-Owned Enterprises
Fund
   For the
Six Months Ended
September 30, 2022
(unaudited)
     For the
Year Ended
March 31, 2022
     For the
Year Ended
March 31, 2021
     For the Period
April 4, 2019*
through
March 31, 2020
 

Net asset value, beginning of period

   $ 34.88      $ 30.33      $ 17.64      $ 24.67  

Investment operations:

           

Net investment income1

     0.12        0.04        0.05        0.19  

Net realized and unrealized gain (loss)

     (2.80      4.52        12.69        (7.22

Total from investment operations

     (2.68      4.56        12.74        (7.03

Dividends to shareholders:

           

Net investment income

     (0.62      (0.01      (0.05       

Net asset value, end of period

   $ 31.58      $ 34.88      $ 30.33      $ 17.64  

TOTAL RETURN2

     (7.59 )%       15.04      72.25      (28.50 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

   $ 6,315      $ 6,976      $ 4,549      $ 882  

Ratios to average net assets of:

           

Expenses

     0.58 %3       0.58      0.58      0.58 %3 

Net investment income

     0.72 %3       0.11      0.20      0.80 %3 

Portfolio turnover rate4

     0.00 %5       15      36      82

 

             
WisdomTree New Economy
Real Estate Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)6
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 23.34     $ 26.55     $ 22.11     $ 32.15     $ 32.04     $ 28.16  

Investment operations:

           

Net investment income1

    0.22       1.14       0.89       1.13       1.12       1.11  

Net realized and unrealized gain (loss)

    (7.69     (2.74     4.35       (8.79     0.24       4.92  

Total from investment operations

    (7.47     (1.60     5.24       (7.66     1.36       6.03  

Dividends to shareholders:

           

Net investment income

    (0.21     (1.61     (0.80     (2.38     (1.25     (2.15

Net asset value, end of period

  $ 15.66     $ 23.34     $ 26.55     $ 22.11     $ 32.15     $ 32.04  

TOTAL RETURN2

    (32.11 )%      (6.45 )%      23.92     (25.74 )%      4.51     21.90

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 30,540     $ 54,850     $ 63,711     $ 80,703     $ 114,146     $ 107,329  

Ratios to average net assets of:

           

Expenses

    0.58 %3      0.59 %7      0.58     0.58 %8      0.58 %8      0.58 %8 

Net investment income

    2.20 %3      4.48     3.59     3.75 %8      3.72 %8      3.56 %8 

Portfolio turnover rate4

    125     7     39     21     17     23
*

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized.

 

3 

Annualized.

 

4 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

5 

Amount represents less than 1%.

 

6 

The information reflects the investment objective and strategy of the WisdomTree Global ex-U.S. Real Estate Fund through April 20, 2022 and the investment objective and strategy of the WisdomTree New Economy Real Estate Fund thereafter. The increase in the portfolio turnover rate was primarily a result of the aforementioned investment objective and strategy change.

 

7 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.58%.

 

8 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

See Notes to Financial Statements.

 

WisdomTree Trust      103  


Notes to Financial Statements (unaudited)

 

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust on December 15, 2005 and is authorized to have multiple series of portfolios (each a “Fund”, collectively, the “Funds”). These notes relate only to the Funds listed below. In accordance with Accounting Standards Codification Topic 946, Financial Services-Investment Companies, each Fund listed below qualifies as an investment company and is applying the accounting and reporting guidance for investment companies.

 

   
Fund    Commencement
of Operations
 

WisdomTree China ex-State-Owned Enterprises Fund (“China ex-State-Owned Enterprises Fund”)

     September 19, 2012  

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (“Emerging Markets ex-State-Owned Enterprises Fund”)

     December 10, 2014  

WisdomTree Emerging Markets High Dividend Fund (“Emerging Markets High Dividend Fund”)

     July 13, 2007  

WisdomTree Emerging Markets Multifactor Fund (“Emerging Markets Multifactor Fund”)

     August 10, 2018  

WisdomTree Emerging Markets Quality Dividend Growth Fund (“Emerging Markets Quality Dividend Growth Fund”)

     August 1, 2013  

WisdomTree Emerging Markets SmallCap Dividend Fund (“Emerging Markets SmallCap Dividend Fund”)

     October 30, 2007  

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (“Global ex-U.S. Quality Dividend Growth Fund”)

     June 16, 2006  

WisdomTree Global High Dividend Fund (“Global High Dividend Fund”)

     June 16, 2006  

WisdomTree Growth Leaders Fund (“Growth Leaders Fund”)

     May 22, 2019  

WisdomTree India Earnings Fund (“India Earnings Fund”) (consolidated)

     February 22, 2008  

WisdomTree India ex-State-Owned Enterprises Fund (“India ex-State-Owned Enterprises Fund”)

     April 4, 2019  

WisdomTree New Economy Real Estate Fund (“New Economy Real Estate Fund”) (formerly, WisdomTree Global ex-U.S. Real Estate Fund)

     June 5, 2007  

The India Earnings Fund makes its investments through the WisdomTree India Investment Portfolio, Inc. (the “Portfolio”), a wholly owned subsidiary organized in the Republic of Mauritius (“Mauritius”). The Portfolio was incorporated under the provisions of the Mauritius Companies Act, 2001 and holds a Global Business License Category 1 issued by the Financial Services Commission.

Each Fund, except for the Emerging Markets Multifactor Fund and Emerging Markets Quality Dividend Growth Fund, seeks to track the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree, Inc. (“WisdomTree”) or an Index developed by a third party. The Emerging Markets Multifactor Fund is actively managed using a model-based approach seeking capital appreciation. The Emerging Markets Quality Dividend Growth Fund is actively managed using a model-based approach seeking income and capital appreciation. WisdomTree is the parent company of WisdomTree Asset Management, Inc. (“WTAM”), the investment adviser to each Fund (including the Portfolio) and the Trust. “WisdomTree” is a registered trademark of WisdomTree and has been licensed for use by the Trust. Each Fund described herein is considered to be non-diversified as defined under the 1940 Act. In the normal course of business, the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and believe such exposure to be remote.

2. SIGNIFICANT ACCOUNTING POLICIES

The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (the “Codification”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants.

The following is a summary of significant accounting policies followed by the Funds:

Use of Estimates — The preparation of financial statements in conformity with GAAP, requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.

Basis of Consolidation — The financial statements for the India Earnings Fund include the accounts of a wholly-owned and controlled Mauritius subsidiary (the “Subsidiary”). The India Earnings Fund’s accompanying financial statements reflect the financial position and the results of operations on a consolidated basis with its Subsidiary. All intercompany accounts and transactions have been eliminated in the consolidation.

Investment Valuation — The net asset value (“NAV”) of each Fund’s shares is calculated each day a Fund is open for business as of the regularly scheduled close of regular trading on the New York Stock Exchange, normally 4:00 p.m. Eastern time (the “NAV

 

104   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

Calculation Time”). NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Each Fund issues and redeems shares at NAV only in large blocks of shares known as creation units, which only certain institutions (e.g., broker-dealers) may purchase or redeem. Shares of each Fund are listed on a national securities exchange and trade at market prices. Most investors will buy and sell shares in the secondary market through brokers. Because Fund shares trade at market prices rather than NAV, shares may trade at a price greater than NAV or less than NAV. In calculating each Fund’s NAV, investments are valued under policies approved by the Board of Trustees of the Trust (the “Board of Trustees”). Equity securities (including preferred stock) traded on any recognized U.S. or non-U.S. exchange are valued at the last sale price or official closing price on the exchange on which they are principally traded. Unlisted equity securities (including preferred stock) are valued at the last sale price or, if no sale price is available, at the mean between the highest bid and lowest ask price. Fixed income securities generally are valued at current market quotations or mean prices obtained from broker-dealers or independent pricing service providers. Broker-dealers or independent pricing service providers, in determining the value of securities, may consider such factors as recent transactions, indications from yields and quoted prices from broker-dealers on similar securities, and market sentiment for the type of security. U.S. fixed income securities may be valued as of the announced closing time for such securities on any day that the Securities Industry and Financial Markets Association announces an early closing time. Each Fund may invest in money market funds which are valued at their NAV per share and exchange-traded funds (“ETFs” or “ETF”) or exchange-traded notes (“ETNs” or “ETN”) which are valued at their last sale or official closing price on the exchange on which they are principally traded or at their NAV per share in instances where the ETF or ETN has not traded on its principal exchange. Foreign currency contracts that settle within two business days after the trade date (“Spot Contracts”) and foreign currency contracts having a settlement period greater than two business days after the trade date (“Forward Contracts”) are valued daily using WM/Reuters closing spot and forward rates, respectively, as of 4:00 p.m. London time. Futures contracts generally are valued at the settlement price, the price at which a futures contract settles once a given trading day has ended, on the primary exchange on which they trade.

In certain instances, such as when reliable market valuations are not readily available, a Fund’s investments, which include derivatives, will be fair valued in accordance with the Fund’s pricing policy. The Board of Trustees has established a pricing committee (the “Pricing Committee”) which is comprised of senior representatives of WTAM and which reports to the Board of Trustees on a quarterly basis. In the event that a financial instrument cannot be valued based upon a price from the exchange or system on which it is principally traded, independent pricing service provider or broker-dealer quotation, or such prices are deemed to not reflect current market value, the Pricing Committee may value the financial instrument in good faith under the policies and procedures approved by the Board of Trustees based on current facts and circumstances. Securities that may be valued using “fair value” pricing may include, but are not limited to, securities for which there are no current market quotations, securities whose issuer is in default or bankruptcy, securities subject to corporate actions (such as mergers or reorganizations), securities subject to non-U.S. investment limits or currency controls, and securities affected by “significant events.” An example of a significant event is an event occurring after the close of the market in which a security trades but before a Fund’s next NAV Calculation Time that may materially affect the value of a Fund’s investment (e.g., government action, natural disaster, or significant market fluctuation). When fair value pricing is employed, the prices of securities used by a Fund to calculate its NAV may differ from quoted or published prices for the same securities.

Fair Value Measurement — In accordance with Codification Topic 820 (“ASC 820”), Fair Value Measurements and Disclosures, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Pricing Committee will perform other procedures (consistent with GAAP) to value an investment when a market quote is not available. ASC 820 established a three-tier hierarchy of inputs to be used when determining fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk — for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:

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 each Fund’s assumptions in determining the fair value of investments)

The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.

 

WisdomTree Trust      105  


Notes to Financial Statements (unaudited) (continued)

 

Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended (either due to events affecting the issuer of the security specifically or events affecting the primary trading exchange more broadly) or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation or market activity; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets in which the security is traded but before the time as of which a Fund’s NAV is computed and that may materially affect the value of the Fund’s investments).

The valuation techniques and significant inputs used in determining the fair market value measurements for Level 2 and Level 3 positions are as follows:

Financial instruments are generally valued by independent pricing service providers that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. Depending on the type of financial instrument, the independent pricing service providers’ internal pricing models may use inputs that are observable such as issuer details (e.g., credit rating, debt ranking, coupon date, maturity date, etc.), interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar assets. Financial instruments that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate. Over-the-counter financial derivative instruments derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these factors. These instruments are normally valued on the basis of broker-dealer quotations or prices obtained from independent pricing service providers. Depending on the product and the terms of the transaction, the value of the financial derivative instruments can be estimated by an independent pricing service provider using a series of techniques including simulation pricing models. The pricing models may use inputs that are observed from actively quoted markets such as issuer details, indices, credit risks/spreads, interest rates, yield curves, default and exchange rates. Derivative contracts that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate.

Determination of a fair value by the Pricing Committee may include significant unobservable inputs and therefore such financial instruments would be reflected as a Level 3 of the fair value hierarchy. The Pricing Committee may employ a market-based valuation approach which may use, among other potential considerations, related or comparable securities, recent transactions, market multiples, and other relevant information to determine fair value. The Pricing Committee may also use an income-based valuation approach in which anticipated future cash flows of the financial instrument are discounted to calculate fair value.

The summary of fair valuations according to the inputs used in valuing each Fund’s assets as of the measurement date and significant transfers into or out of Level 3 of the fair value hierarchy during the six months ended September 30,2022, if any are included in a “Fair Valuation Summary” supplementary table in each applicable Fund’s Schedule of Investments.

Derivatives and Hedging Disclosure — Codification Topic 815 (“ASC 815”), Derivatives and Hedging, requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts as well as gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The Funds have invested in derivatives, specifically foreign currency contracts during the fiscal period ended September 30, 2022 and open positions in such derivatives as of September 30, 2022 are detailed in each Fund’s Schedule of Investments. All of the derivative instruments disclosed and described herein are subject to credit risk. Credit risk is where the financial condition of an issuer of a security or instrument may cause it to default or become unable to pay interest or principal due on the security or where the counterparty to a derivative contract might default on its obligations. The Funds’ derivative agreements may also contain credit-risk related contingent features which include, but are not limited to, a percentage decline in the Funds’ NAV over a specified time period. If an event occurred at September 30, 2022 that triggered a contingent feature, the counterparty to the agreement may require the Funds to post additional collateral or terminate the derivative positions and demand payment. Any collateral posted with respect to the derivative positions would be used to offset or reduce the payment. The maximum exposure to derivatives agreements with credit risk would be the total value of derivatives in net liability positions for each Fund, as disclosed in the table included in Note 2 — Master Netting Arrangements. Information with respect to the amounts and types of collateral received and/or posted for derivative instruments as of September 30, 2022, if any, is reflected as a footnote within each Fund’s Schedule of Investments.

 

106   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

As of September 30, 2022, the effects of such derivative instruments on each Fund’s financial position as reflected in the Statements of Assets and Liabilities are presented in the summary below:

 

     
     Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location    Value  

China ex-State-Owned Enterprises Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
   $ 1      Unrealized depreciation on
foreign currency contracts
   $ 10  

Emerging Markets ex-State-Owned Enterprises Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
          Unrealized depreciation on
foreign currency contracts
     1,260  

Emerging Markets High Dividend Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     4,468      Unrealized depreciation on
foreign currency contracts
     21,369  

Emerging Markets Multifactor Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     27,742      Unrealized depreciation on
foreign currency contracts
     6,057  

Emerging Markets Quality Dividend Growth Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     11      Unrealized depreciation on
foreign currency contracts
      

Emerging Markets SmallCap Dividend Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
          Unrealized depreciation on
foreign currency contracts
     1,365  

New Economy Real Estate Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     56      Unrealized depreciation on
foreign currency contracts
     18  

For the six months ended September 30, 2022, the effects of derivative instruments on each applicable Fund’s financial performance as reflected in the Statements of Operations are presented in the summary below:

 

     
Fund    Amount of Realized Gain
or (Loss) on Derivatives
Recognized1
     Change in Unrealized
Appreciation or
(Depreciation) on
Derivatives Recognized2
 

China ex-State-Owned Enterprises Fund

 

Foreign currency risk

   $ 790,772      $ 661  

Emerging Markets ex-State-Owned Enterprises Fund

 

Foreign currency risk

     4,449        (1,260

Emerging Markets High Dividend Fund

 

Foreign currency risk

     (706,572      (16,901

Emerging Markets Multifactor Fund

 

Foreign currency risk

     90,506        24,262  

Emerging Markets Quality Dividend Growth Fund

 

Foreign currency risk

     16,219        11  

Emerging Markets SmallCap Dividend Fund

 

Foreign currency risk

     (802,204      (1,365

Global ex-U.S. Quality Dividend Growth Fund

 

Foreign currency risk

     (34,743      1,394  

Global High Dividend Fund

     

Foreign currency risk

     (27,741       

Growth Leaders Fund

     

Foreign currency risk

     (5,019       

India Earnings Fund (consolidated)

     

Foreign currency risk

     (145,601       

India ex-State-Owned Enterprises Fund

     

Foreign currency risk

     (393       

 

WisdomTree Trust      107  


Notes to Financial Statements (unaudited) (continued)

 

     
Fund    Amount of Realized Gain
or (Loss) on Derivatives
Recognized1
     Change in Unrealized
Appreciation or
(Depreciation) on
Derivatives Recognized2
 

New Economy Real Estate Fund

     

Foreign currency risk

   $ 232,674      $ (16
  1 

Realized gains (losses) on derivatives are located on the Statements of Operations as follows:

Foreign currency risk

   Net realized gain (loss) from foreign currency contracts
  2 

Change in unrealized appreciation (depreciation) is located on the Statements of Operations as follows:

Foreign currency risk

   Net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts

During the six months ended September 30, 2022, the volume of derivative activity (based on the average of month-end balances, except where footnoted) for each Fund was as follows:

 

   
     Average Notional  
Fund    Foreign currency
contracts
(to deliver
USD)
     Foreign currency
contracts
(to receive
USD)
 

China ex-State-Owned Enterprises Fund

 

Foreign currency risk

   $ 1,295,148      $ 348,894  

Emerging Markets ex-State-Owned Enterprises Fund

 

Foreign currency risk

            2,211,398  

Emerging Markets High Dividend Fund

 

Foreign currency risk

     51,810        2,898,510  

Emerging Markets Multifactor Fund

 

Foreign currency risk

     850,239        2,464,514  

Emerging Markets Quality Dividend Growth Fund

 

Foreign currency risk

            44,674  

Emerging Markets SmallCap Dividend Fund

 

Foreign currency risk

     298,311        1,167,591  

Global ex-U.S. Quality Dividend Growth Fund

 

Foreign currency risk

     599,075        171,010  

Global High Dividend Fund

 

Foreign currency risk

     13,289         

Growth Leaders Fund

 

Foreign currency risk1

     10,122        52,789  

India Earnings Fund (consolidated)

 

Foreign currency risk1

     44,439,366        24,299,290  

India ex-State-Owned Enterprises Fund

 

Foreign currency risk1

     20,893        1,275  

New Economy Real Estate Fund

 

Foreign currency risk

     8,097        3,930  
  1 

The volume of derivative activity for the period is based on intra-month balances

Investment Transactions and Investment Income — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method. Dividend income (less foreign taxes withheld, if any) is recognized on the ex-dividend date or as soon as practicable (with respect to foreign dividends) after the existence of a dividend declaration has been determined. Non-cash dividend income is recognized on the ex-dividend date, or as soon as practicable (with respect to foreign dividends) after the existence of a dividend declaration has been determined, at the fair value of securities to be received. On each measurement date, the Funds evaluate the collectability of receivable balances. Generally, the Funds will write-off dividend receivable balances that are canceled by the issuer as of the date that the dividend receivable cancellation notification was publicly made available or when it becomes probable that dividends will not be collected and the amount of uncollectable dividends can be reasonably estimated. In addition, the Funds generally will write-off interest receivable balances in default by the issuer as of the date any applicable interest payment grace period or forbearance period expires or as of the date any interest payment cancellation notification was publicly made available or when it becomes probable that interest will not be collected and the amount of uncollectable interest can be reasonably estimated. Interest income (including amortization of premiums and accretion of discounts), less any foreign taxes withheld, is accrued daily. Generally, amortization of premiums and accretion of discounts are recognized daily using the effective interest method (also known as the

 

108   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

scientific amortization method). Income earned from securities lending activities (i.e., securities lending income), net of fees payable to the securities borrower and/or securities lending agent, is accrued daily.

Foreign Currency Translation — The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies, as well as investment securities and other assets and liabilities denominated in foreign currencies, are translated into U.S. dollars using exchange rates prevailing on the respective dates of such transactions that are deemed appropriate by WTAM. Realized and unrealized foreign exchange gains and losses on investments are included as a component of “net realized gain (loss) from investment transactions” and “net increase (decrease) in unrealized appreciation/depreciation from investment transactions”, respectively, on the Statements of Operations. Realized and unrealized foreign exchange gains or losses from foreign currency contracts are included in “net realized gain (loss) from foreign currency contracts” and “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts”, respectively, on the Statements of Operations. Realized and unrealized foreign exchange gains or losses arising from sales of foreign currencies, currency gains or losses recognized between the trade and settlement dates on investment transactions, and the difference between the amounts of dividends and foreign withholding taxes recorded on the Funds’ books and the U.S. dollar equivalent of the amounts actually received or paid are included in “net realized gain (loss) from foreign currency related transactions” and/or “net increase (decrease) in unrealized appreciation/depreciation from translation of assets and liabilities denominated in foreign currencies” in the Statements of Operations. Certain foreign exchange gains and losses included in realized and unrealized gains or losses are included in, or are a reduction of, ordinary income in accordance with U.S. Federal income tax regulations.

Expenses — Under the investment advisory agreement for each Fund, except for Funds that commenced operations on or after March 26, 2013, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other expenses (such as stamp taxes) connected with the execution of portfolio transactions or in connection with creation and redemption transactions; (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of trustees who are not interested persons of the Funds (“Independent Trustees”); (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s Chief Compliance Officer (“CCO”); (vi) extraordinary expenses; (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; and (viii) the advisory fee payable to WTAM.

Under the investment advisory agreement for Funds that commenced operations on or after March 26, 2013, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other fees, charges, taxes, levies or expenses (such as stamp taxes) incurred in connection with the execution of portfolio transactions or in connection with creation and redemption transactions (including without limitation any fees, charges, taxes, levies or expenses related to the purchase or sale of an amount of any currency, or the patriation or repatriation of any security or other asset, related to the execution of portfolio transactions or any creation or redemption transactions); (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s CCO; (vi) extraordinary expenses (in each case as determined by a majority of the Independent Trustees); (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; (viii) interest and taxes of any kind or nature (including, but not limited to, income, excise, transfer and withholding taxes); (ix) fees and expenses related to the provision of securities lending services; and (x) the advisory fee payable to WTAM.

Acquired fund fees and expenses (“AFFEs”) (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) are not operating expenses of the Funds and are not paid by WTAM.

Interest expense associated with a short-term loan from a U.S. bank that is incurred in connection with the execution of portfolio rebalancing trades is not paid by WTAM.

Pursuant to a separate contractual arrangement, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. WTAM receives a fee, as shown on the Statements of Operations under “Service fees”, of up to 0.0044% per annum of each Fund’s average daily net assets for providing such services and paying such expenses. WTAM provides CCO services to the Trust.

Foreign Currency Contracts — The Funds may enter into foreign currency contracts to facilitate local securities settlements or to protect against currency exposure. The Funds, other than the Emerging Markets Multifactor Fund, do not expect to engage in currency transactions for the purpose of hedging against currency exposures of the Fund’s assets that are denominated in one or more foreign currencies. The Funds may not enter into such contracts for speculative purposes. During the period ended September 30, 2022, the Funds, except for the Emerging Markets Multifactor Fund, utilized foreign currency contracts primarily to facilitate foreign security settlements. The Emerging Markets Multifactor Fund utilized foreign currency contracts primarily to offset applicable international currency exposure from certain positions in emerging market equities. A foreign currency contract involves an obligation to purchase or sell a specific currency at a future date, which may be any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of the contract. These contracts are principally traded in the inter-bank

 

WisdomTree Trust      109  


Notes to Financial Statements (unaudited) (continued)

 

market conducted directly between currency traders (usually large, commercial banks) and their customers. A foreign currency contract generally does not require an initial margin deposit and no commissions are charged at any stage for trades.

Risks may arise upon entering into foreign currency contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currencies relative to the U.S. dollar or each other.

Fluctuations in the value of open foreign currency contracts are recorded for book purposes as unrealized gains or losses on foreign currency contracts by the Funds and are included in “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts” on the Statements of Operations. Realized gains and losses on foreign currency contracts include net gains or losses recognized by the Funds on contracts which have settled are included in “net realized gain (loss) from foreign currency contracts on the Statements of Operations.

Securities Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. It is the Funds’ policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the value of foreign securities loaned. Collateral in the form of cash and/or securities issued or guaranteed by the U.S. government or its agencies, equivalent to at least 100% of the market value of securities, is maintained at all times. The cash collateral can be invested in certain money market mutual funds which also have exposure to the fluctuations of the market. The values of the investments of cash collateral for securities on loan along with the obligations to return such collateral are included on the Statements of Assets and Liabilities. The total value of securities received as collateral for securities on loan is included in a footnote following each Schedule of Investments, but is not included within the Statements of Assets and Liabilities because the receiving Fund does not have the right to sell or repledge the securities received as collateral. As compensation for lending its securities, each Fund retains all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower (net of any fee rebates paid to the borrower). The lending agent receives a portion of the income earned by the Funds in connection with the lending program. The net securities lending income earned by the Funds is disclosed on the Statements of Operations. The dividend and interest income earned on the securities loaned is accounted for in the same manner as other dividend and interest income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. Dividends received while a security is out on loan are not considered Qualified Dividend Income (“QDI”) under the specific criteria issued by the Internal Revenue Service and are subject to taxation at the shareholder’s ordinary income tax rate instead of the lower long-term capital gains tax rate. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults. In the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.

Master Netting Arrangements — Codification Topic 210 (“ASC 210”), Balance Sheet, requires disclosures generally intended to (i) help investors and other financial statement users to better assess the effect or potential effect of offsetting arrangements on a company’s financial position, (ii) improve transparency in the reporting of how companies mitigate credit risk, and (iii) facilitate comparisons between those entities that prepare their financial statements on the basis of GAAP and those entities that prepare their financial statements on the basis of international financial reporting standards. ASC 210 requires entities to disclose (i) gross and net information about both instruments and transactions eligible for offset in the financial statements, and (ii) instruments and transactions subject to an agreement similar to a master netting agreement. ASC 210 is limited in scope to the following financial instruments, to the extent they are offset in the financial statements or subject to an enforceable master netting arrangement or similar agreement: (i) recognized derivative instruments accounted for under ASC 815 (Derivatives and Hedging); (ii) repurchase agreements and reverse repurchase agreements; and (iii) securities borrowing and securities lending transactions.

In order to better define its contractual rights and to secure rights that will help a Fund mitigate its counterparty risk, a Fund enters into an International Swaps and Derivatives Association, Inc. Master Agreement (“ISDA Master Agreement”) with its counterparties. An ISDA Master Agreement is a bilateral agreement between a Fund and a counterparty that governs over-the-counter derivatives (“OTC”), such as foreign currency contracts, and typically contains, among other things, collateral posting terms, netting and rights of set-off provisions in the event of a default and/or termination event. Under an ISDA Master Agreement, a Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and receivables to create a single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out netting) or similar event, including the bankruptcy or insolvency of the counterparty.

Collateral requirements generally differ by type of derivative. Collateral terms are contract-specific for OTC derivatives (e.g., foreign currency contracts, options and certain swaps). To the extent amounts due to a Fund from its derivatives counterparties are not fully collateralized, contractually or otherwise, the Fund bears the risk of loss from a counterparty’s non-performance.

The Funds’ securities lending activities are governed by a Securities Lending Authorization Agreement (“Lending Agreement”) between the Funds and the lending agent. The Lending Agreement authorizes the lending agent to lend qualifying U.S. and foreign securities held by a Fund to approved borrowers (each a “Borrower”). To mitigate borrower risk, a Fund typically receives from a

 

110   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

Borrower collateral in the form of U.S. dollar cash and/or securities issued or guaranteed by the U.S. government or its agencies in excess of the market value of the securities loaned. Under the provisions of the Lending Agreement, a Fund shall have, as to the collateral, all of the rights and remedies of a secured party under applicable law. A Fund is exposed to risk of loss if a Borrower defaults on its obligation to return borrowed securities and the value of the collateral a Fund received is insufficient to cover the market value of the securities loaned. Also, the lending agent is permitted to invest the cash collateral it receives from a Borrower into a money market fund which is subject to market fluctuation. Therefore, a Fund is exposed to risk of loss if the value of invested cash collateral is insufficient to satisfy the Fund’s obligation to return the full amount owed to such Borrower. However, in the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.

For financial reporting purposes, the Funds elect to not offset assets and liabilities subject to an ISDA Master Agreement or Lending Agreement, if any, in the Statements of Assets and Liabilities. Therefore, all qualifying transactions are presented on a gross basis in the Statements of Assets and Liabilities. As of September 30, 2022, the impact of netting of assets and liabilities and the offsetting of collateral pledged or received based on contractual netting/set-off provisions in the ISDA Master Agreement and the Lending Agreement are detailed in the following table:

 

     
    Assets     Liabilities  
    Gross Amounts
in the
Statements of
Assets and
Liabilities
    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
    Net Amount     Gross Amounts
in the
Statements of
Assets and
Liabilities
    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
    Net Amount  
Fund   Financial
Instruments
    Collateral
Received
    Financial
Instruments
    Collateral
Posted
 

China ex-State-Owned Enterprises Fund

               

Securities Lending

  $ 25,800,703     $     $ (25,800,703 )1    $     $     $     $     $  

Foreign Currency Contracts

    1       (1                 10       (1           9  

Emerging Markets ex-State-Owned Enterprises Fund

               

Securities Lending

    102,016,376             (102,016,376 )1                               

Foreign Currency Contracts

                            1,260                   1,260  

Emerging Markets High Dividend Fund

               

Securities Lending

    91,918,276             (91,918,276 )1                               

Foreign Currency Contracts

    4,468       (4,156           312       21,369       (4,156           17,213  

Emerging Markets Multifactor Fund

               

Securities Lending

    27,889             (27,889 )1                               

Foreign Currency Contracts

    27,742       (5,697           22,045       6,057       (5,697           360  

Emerging Markets Quality Dividend Growth Fund

               

Securities Lending

    1,539,808             (1,539,808 )1                               

Foreign Currency Contracts

    11                   11                          

Emerging Markets SmallCap Dividend Fund

               

Securities Lending

    278,197,787             (278,197,787 )1                               

Foreign Currency Contracts

                            1,365                   1,365  

Global ex-U.S. Quality Dividend Growth Fund

               

Securities Lending

    45,730,219             (45,730,219 )1                               

Global High Dividend Fund

               

Securities Lending

    6,500,044             (6,500,044 )1                               

Growth Leaders Fund

               

Securities Lending

    429,518             (429,518 )1                               

New Economy Real Estate Fund

               

Securities Lending

    2,497,587             (2,497,587 )1                               

Foreign Currency Contracts

    56                   56       18                   18  
  1 

The amount of collateral presented has been limited such that the net amount by counterparty cannot be less than zero.

Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments include short-term obligations issued by the U.S. government, its agencies, non-U.S. government agencies, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are

 

WisdomTree Trust      111  


Notes to Financial Statements (unaudited) (continued)

 

short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.

Restricted Securities — Each Fund may invest in securities that are subject to legal or contractual restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are registered. Disposal of these securities may involve time-consuming negotiations and expense, and prompt sale at an acceptable price may be difficult. Information regarding restricted securities, if any, is included at the end of each Fund’s Schedule of Investments.

Emerging Market Investments — Investments in securities listed and traded in emerging markets are subject to additional risks that may not be present for U.S. investments or investments in more developed non-U.S. markets. Such risks may include: (i) greater market volatility; (ii) lower trading volume; (iii) greater social, political and economic uncertainty; (iv) governmental controls on foreign investments and limitations on repatriation of invested capital; (v) the risk that companies may be held to lower disclosure, corporate governance, auditing and financial reporting standards than companies in more developed markets; and (vi) the risk that there may be less protection of property rights than in other countries. Emerging markets are generally less liquid and less efficient than developed securities markets.

Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). A portion of the Code, known as subchapter M (“Subchapter M”), addresses the ways by which investment companies and investment trusts may pass income through to shareholders in order to avoid double taxation. Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code so that it will not be subject to federal income tax on income and gains that are timely distributed to Fund shareholders. Accordingly, no provision for U.S. federal income taxes is required. In order to qualify for the special tax treatment accorded to RICs and their shareholders, each Fund must, among other things, distribute with respect to each taxable year an amount equal to or greater than the sum of 90% of its investment company taxable income and 90% of its net tax-exempt interest income. There can be no guarantee that a Fund will pay dividends. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains is determined in accordance with the requirements of the Code and the U.S. Treasury regulations (i.e., tax basis) which may differ to amounts determined under GAAP (i.e., book basis). These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their Federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions that exceed earnings and profit for tax purposes are reported for tax purposes as a return of capital. The India Earnings Fund has filed an election to treat the Portfolio as a “pass-through” entity for tax purposes.

3. ADVISORY FEES AND OTHER TRANSACTIONS WITH AFFILIATES

WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM has arranged for Mellon Investments Corporation (“Mellon”) to provide sub-advisory services to the Funds. Additionally, the Portfolio is also advised by WTAM and is sub-advised by Mellon. Mellon is compensated by WTAM at no additional cost to the Funds or the Portfolio. WTAM also arranges for transfer agency, custody, fund accounting, fund administration, securities lending and all other non-distribution related services necessary for the Funds to operate, which are generally under separate agreements entered into between the Trust on behalf of the Funds and the applicable service provider. Under the investment advisory agreement for each Fund, WTAM agrees to pay all expenses of the Funds, except for certain expenses described in Note 2.

Pursuant to a separate contractual arrangement, as also described in Note 2, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees in exchange for a fee, accrued daily and paid monthly in arrears, of up to 0.0044% per annum of each Fund’s average daily net assets.

 

112   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

WTAM expects to receive annual advisory fees from each Fund, based on a percentage of the Fund’s average daily net assets and, with respect to the India Earnings Fund, based on the average daily net assets of the India Earnings Fund and the Portfolio on a consolidated basis, as shown in the following table:

 

   
Fund   

Advisory

Fee Rate

 

China ex-State-Owned Enterprises Fund

     0.32

Emerging Markets ex-State-Owned Enterprises Fund

     0.32

Emerging Markets High Dividend Fund

     0.63

Emerging Markets Multifactor Fund

     0.48

Emerging Markets Quality Dividend Growth Fund

     0.32

Emerging Markets SmallCap Dividend Fund

     0.58

Global ex-U.S. Quality Dividend Growth Fund

     0.42

Global High Dividend Fund

     0.58

Growth Leaders Fund

     0.20

India Earnings Fund (consolidated)

     0.83

India ex-State-Owned Enterprises Fund

     0.58

New Economy Real Estate Fund

     0.58

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Transactions in shares of affiliated ETFs for the fiscal period ended September 30, 2022, as applicable, are included in an “Investment in Affiliates” supplementary table in each applicable Fund’s Schedule of Investments. For these transactions, WTAM voluntarily waives a portion of the advisory fees, that it would otherwise charge, in an amount equal to the indirect AFFEs (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) attributable to each Fund’s investment in affiliated ETFs. The dollar amount of advisory fees waived during the period for the Funds, if any, are included in the Statement of Operations in “Expense waivers”.

WTAM and/or WisdomTree (collectively herein, “WT”) may from time to time own shares of a Fund. As of and for the six months ended September 30, 2022, WT held shares of and received distributions from the following Funds, which were purchased through an unaffiliated broker in ordinary brokerage transactions in the secondary market in which the Funds’ shares trade:

 

       
     At September 30, 2022            For the fiscal period ended
September 30, 2022
 
Fund    Fund Shares
held by WT
     Market Value of
Fund Shares
held by WT
            Dividends and
Distributions
paid to WT on
Fund Shares
held by WT
 

Emerging Markets ex-State-Owned Enterprises Fund

     1,147      $ 28,239              $ 664  

Emerging Markets High Dividend Fund

     204        6,636                440  

Emerging Markets Quality Dividend Growth Fund

     326        6,249                258  

Emerging Markets SmallCap Dividend Fund

     445        17,720                811  

Global ex-U.S. Quality Dividend Growth Fund

     166        4,563                160  

Growth Leaders Fund

     144        3,615                 

4. CAPITAL SHARE TRANSACTIONS

As of September 30, 2022, there were an unlimited number of $0.001 par value shares of beneficial interest authorized by the Trust. Shares are issued and redeemed by each Fund only in creation units or multiples thereof. Except when aggregated in creation units, shares of each Fund are not redeemable. Transactions in shares for each Fund are disclosed in detail in the Statements of Changes in Net Assets. The consideration for the purchase of creation units of a Fund generally consists of the in-kind contribution of a basket of securities and/or an amount of cash. The India Earnings Fund and India ex-State-Owned Enterprises Fund issue and redeem shares on a cash basis only as certain securities markets in which these Funds invest do not permit in-kind transfers of securities. Investors purchasing and redeeming creation units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of creation units.

5. INVESTMENT PORTFOLIO TRANSACTIONS

Purchases and sales of investments (excluding purchases and sales resulting from in-kind capital share transactions and short-term investments) and the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions (excluding short-term investments) for the six months ended September 30, 2022 are shown in the following table. Realized gains and losses on

 

WisdomTree Trust      113  


Notes to Financial Statements (unaudited) (continued)

 

sales resulting from in-kind capital share redemptions, as shown on the Statements of Operations, are not recognized by the Funds for tax purposes.

 

       
                   In-kind Capital Share Transactions  
Fund    Purchases      Sales      Purchases      Sales  

China ex-State-Owned Enterprises Fund

   $ 174,377,758      $ 39,541,352      $ 9,740,508      $ 4,450,411  

Emerging Markets ex-State-Owned Enterprises Fund

     99,180,544        382,584,133        6,036,312        161,926,563  

Emerging Markets High Dividend Fund

     135,062,379        122,670,375        7,239,641        25,357,285  

Emerging Markets Multifactor Fund

     1,533,010        1,403,866                

Emerging Markets Quality Dividend Growth Fund

     7,197,021        5,320,643        852,240        1,708,329  

Emerging Markets SmallCap Dividend Fund

     252,823,486        78,844,396        56,397,377         

Global ex-U.S. Quality Dividend Growth Fund

     26,839,303        26,666,355        22,367,464        45,129,055  

Global High Dividend Fund

     8,690,384        4,345,955        34,963,146         

Growth Leaders Fund

     2,402,539        2,402,190               1,355,220  

India Earnings Fund (consolidated)

     172,350,395        296,262,986                

India ex-State-Owned Enterprises Fund

     25,447        135,725                

New Economy Real Estate Fund

     53,965,094        53,340,969               8,033,543  

6. FEDERAL INCOME TAXES

At September 30, 2022, the cost of investments (including securities on loan and derivatives) for Federal income tax purposes was as follows:

 

         
    Investments in Long Securities           Investments in Financial Derivatives1        
Fund   Tax Cost     Gross
Unrealized
Appreciation
    Gross
Unrealized
Depreciation
    Net Unrealized
Appreciation/
(Depreciation)
           Gross
Unrealized
Appreciation
    Gross
Unrealized
Depreciation
   

Net Unrealized
Appreciation/

(Depreciation)

   

Total Net
Unrealized
Appreciation/

(Depreciation)

 

China ex-State-Owned Enterprises Fund

  $ 1,263,090,619     $ 13,990,209     $ (511,209,936   $ (497,219,727           $ 1     $ (4   $ (3   $ (497,219,730

Emerging Markets ex-State-Owned Enterprises Fund

    2,862,937,160       194,061,048       (902,911,553     (708,850,505                   (1,260     (1,260     (708,851,765

Emerging Markets High Dividend Fund

    1,927,971,215       103,521,593       (437,721,751     (334,200,158             4,468       (18,595     (14,127     (334,214,285

Emerging Markets Multifactor Fund

    2,265,026       75,214       (369,508     (294,294             8,815       (1,314     7,501       (286,793

Emerging Markets Quality Dividend Growth Fund

    77,504,585       7,732,050       (18,986,905     (11,254,855             11             11       (11,254,844

Emerging Markets SmallCap Dividend Fund

    2,502,217,839       177,951,229       (505,186,024     (327,234,795                   (1,365     (1,365     (327,236,160

Global ex-U.S. Quality Dividend Growth Fund

    551,231,952       9,159,439       (148,520,117     (139,360,678                               (139,360,678

Global High Dividend Fund

    104,357,147       2,771,808       (11,841,369     (9,069,561                               (9,069,561

Growth Leaders Fund

    14,721,709       192,261       (5,642,367     (5,450,106                               (5,450,106

India Earnings Fund (consolidated)

    503,614,118       273,554,340       (73,619,122     199,935,218                                 199,935,218  

India ex-State-Owned Enterprises Fund

    5,563,187       1,309,787       (404,145     905,642                                 905,642  

New Economy Real Estate Fund

    44,779,779       57,484       (13,141,007     (13,083,523             56       (11     45       (13,083,478
  1 

Certain financial derivatives may be considered section 1256 contracts under the Code. Each section 1256 contract held at the close of a taxable year shall be treated as sold for its fair market value on the last business day of such taxable year (and any realized gain and loss shall be taken into account for the taxable year). As such, the unrealized appreciation/ (depreciation) for financial derivatives on a tax basis may not correspond to the unrealized appreciation/(depreciation) on a GAAP basis. The unrealized appreciation/(depreciation) for financial derivatives on a GAAP basis is located in the respective financial derivatives tables in each Fund’s Schedule of Investments.

 

114   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

7. MAURITIUS AND INDIA TAXATION

The Portfolio holds a tax residency certificate issued by the Mauritian Revenue authorities as well as other tax residency related documentation prescribed by the Indian Revenue authorities and should be regarded as the beneficial owner of the investments made in Indian securities, which should entitle it to claim the benefits of the double taxation avoidance agreement entered between the Government of India and Mauritius (“tax treaty”).

The taxable profits derived from the Portfolio are subject to income tax at the rate of 15% in the Republic of Mauritius (“Mauritius”) and eligible for a presumed foreign tax credit of 80% of the Mauritian tax on the respective foreign income which effectively limits the maximum income tax payable to an effective rate of 3%. The Mauritius income tax is paid by WTAM (out of its fee paid by the India Earnings Fund), accordingly, no provision for Mauritius income taxes is required.

Under the tax treaty, as amended, Mauritius entities (such as the Portfolio) are subject to tax on capital gains arising on the disposal of shares of an Indian company. However, investments in shares acquired up to March 31, 2017 are grandfathered, thus exempted from capital gains tax in India irrespective of the date of disposal (subject to the entity being eligible for the tax treaty benefits). The Indian tax rates applicable on disposal of securities would depend on the nature of securities, the holding period and the manner of disposal.

U.S. domiciled funds that invest in India are also subject to tax on capital gains in accordance with the provisions of India domestic tax law. India foreign capital gains tax liability accrued by the Funds and the Portfolio is reflected in the Statements of Assets and Liabilities in “Foreign capital gains tax”.

Changes in India tax law could reduce the return to each Fund with investments in India and the return received by each Fund’s shareholders.

Reference to investments by the India Earnings Fund herein should be understood to refer to investments by the Portfolio.

8. DEMAND NOTE

During the period ended September 30, 2022, the India Earnings Fund had a demand note agreement with Bank of America, N.A. which allowed the Fund to borrow up to $250,000,000 with a final maturity date of September 29, 2022. During the period ended September 30, 2022, the Fund utilized the demand note and borrowed for a period of 5 days with an average outstanding note balance of $169,420,000 and a weighted average interest rate of 5.26% per annum. Interest expense related to the note for the period ended September 30, 2022 was $122,039. At September 30 ,2022, the Fund did not have any amounts outstanding under the demand note agreement.

9. RECENT REGULATORY UPDATE

Effective August 19, 2022, the Funds have adopted policies and procedures reasonably designed to comply with new regulations issued by the SEC governing the use of derivatives by registered investment companies (“Rule 18f-4”). Rule 18f-4 imposes limits on the amount of derivatives a fund can enter into, eliminates the asset segregation framework used by the Funds prior to August 19, 2022 to comply with Section 18 of the 1940 Act, and requires funds, whose use of derivatives is greater than a limited specified amount, to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager. Rule 18f-4 has not had a material impact on the Funds’ financial statements.

The fair valuation Rule 2a-5 went into effect on September 8, 2022. The Rule sets forth requirements for determining the fair value of portfolio securities and establishes a framework focused on process, testing and oversight. The Rule allows fund boards to designate a valuation designee responsible for performing fair value determinations in good faith. WTAM has been designated as the Valuation Designee for the Funds and is responsible for assessing material risks, establishing fair value methodologies, testing the appropriateness and accuracy of the methodologies and overseeing third-party pricing vendors. Under the new fair valuation policies, WTAM is responsible for regular quarterly reporting of any material fair valuation matter, annual reporting on the adequacy of the Valuation Designee’s processes, and the prompt notification to the board of any material impact of the fair value process on portfolio investments.

10. RECENT ACCOUNTING PRONOUNCEMENT

In June 2022, the FASB issued Accounting Standards Update No. 2022-03 (“ASU 2022-03”), Fair Value Measurement (Topic 820) — Fair Value Measurement of Equity Securities Subject to Contractual Sales Restrictions. The amendments in ASU 2022-03 clarify that a contractual restriction on a sale of an equity security is not considered a part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments also clarify that an entity cannot, as a separate unit of account, recognize and measure a contractual sale restriction. The amendments in ASU 2022-03 also require the following disclosures for equity securities

 

WisdomTree Trust      115  


Notes to Financial Statements (unaudited) (continued)

 

subject to contractual sale restrictions: (i) the fair value of equity securities subject to contractual sale restrictions reflected in the balance sheet, (ii) the nature and remaining duration of the restriction(s), and (iii) the circumstances that could cause a lapse in the restriction(s). The amendments in ASU 2022-03 are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years for public business entities (early adoption is also permitted). WTAM is currently evaluating the impact that the adoption of ASU 2202-03 will have on the Trust’s financial statements and related disclosures.

11. SUBSEQUENT EVENT

Effective November 7, 2022, WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund and exchange-traded product sponsor and asset manager, transferred the listing of its common stock to the New York Stock Exchange (“NYSE”) from The Nasdaq Global Select Market (“Nasdaq”). WisdomTree began trading on the NYSE under the new ticker symbol “WT” along with its new company name, WisdomTree, Inc.

12. ADDITIONAL INFORMATION

The respiratory disease caused by a novel coronavirus (“COVID-19”) has spread globally since 2019, resulting in a global pandemic and major disruption to global markets and economies. In an organized attempt to contain and mitigate the effects of COVID-19, governments and businesses world-wide took aggressive measures, including businesses canceling dividends to preserve cash, governments closing borders, restricting international and domestic travel, and the imposition of prolonged quarantines of large populations. COVID-19 has resulted in the disruption of and delays in the delivery of healthcare services and processes, the cancellation of organized events and educational institutions, the disruption of production and supply chains, a decline in consumer demand for certain goods and services, and general concern and uncertainty, all of which have contributed to increased volatility in global markets. In recent months, however, the rapid COVID-19 vaccination rollout in the United States and certain other developed countries, coupled with the passage of stimulus programs in the U.S. and abroad, have resulted in a reversal of many of these trends including the re-opening of businesses, a reduction in quarantine requirements, increased consumer demand, and the resumption of certain in-person schooling, travel and events. Despite these positive trends, the prevalence of new COVID-19 variants, a failure to achieve herd immunity, or other unforeseen circumstances may result in the continued spread of the virus throughout unvaccinated populations or a resurgence in infections among vaccinated populations. As a result, it remains unclear if recent positive trends will continue in developed markets and whether such trends will spread world-wide to countries with limited access to vaccines that are still experiencing rising COVID-19 cases, hospitalizations and deaths.

The effects of COVID-19 have affected and are likely to continue to affect certain sectors and industries more dramatically than others, and the effects borne by some will negatively affect the value of the issuers in those sectors and industries, which may adversely affect the value of a Fund’s investments in those sectors or industries. It is also true that the speed at which global economies recover, or fail to recover, from the COVID-19 pandemic will affect certain sectors, industries, and issuers more dramatically than others, which in turn may adversely affect certain Fund investments.

COVID-19, and other epidemics and pandemics that may arise in the future, could adversely affect the economies of many nations, the global economy, individual companies and capital markets in ways that cannot be foreseen at the present time. In addition, the impact of infectious diseases in developing or emerging market countries may be greater due to limited health care resources, including access to COVID-19 vaccinations and treatments. Political, economic and social stresses caused by COVID-19 also may exacerbate other pre-existing political, social and economic risks in certain countries. The duration of COVID-19 and its effects cannot be determined fully at this time, but the effects could be present for an extended period of time. It is impossible to predict the effects on the Funds of these or similar events and market conditions in the future. However, it is possible that these or similar events and market conditions could have a significant and adverse effect on the NAV and/or risk profile of a Fund.

*    *    *    *    *

Russia’s military invasion of Ukraine initiated in February 2022 and the economic and diplomatic responses by the United States and other countries have led to increased volatility and uncertainty in the financial markets and could continue to adversely affect regional and global economies for the foreseeable future. In response to Russia’s actions, the governments of the United States, the European Union, the United Kingdom, and many other countries collectively imposed heavy and broad-ranging economic sanctions on certain Russian individuals, corporate and banking entities, and other industries and businesses. The sanctions restrict companies from doing business with Russia and Russian companies, prohibit transactions with the Russian central bank and other key Russian financial institutions and entities, ban Russian airlines and ships from using many other countries’ airspace and ports, respectively, and place a freeze on certain Russian assets. The sanctions also removed some Russian banks from the Society for Worldwide Interbank Financial Telecommunications (SWIFT), the electronic network that connects banks globally to facilitate cross-border payments. In addition, the United States has banned oil and other energy imports from Russia, and the United Kingdom made a commitment to phase out oil import from Russia by the end of 2022.

 

116   WisdomTree Trust


Notes to Financial Statements (unaudited) (concluded)

 

These sanctions, as well as other economic consequences related to the invasion, such as additional sanctions, boycotts or changes in consumer or purchaser preferences or cyberattacks on governments, companies or individuals, may further decrease the value and liquidity of certain Russian securities and securities of issuers in other countries that are subject to economic sanctions related to the invasion or otherwise adversely affected by the sanctions. To the extent a Fund has exposure to Russian investments or investments in countries affected by the invasion or the sanctions, the Fund’s ability to price, buy, sell, receive or deliver, or receive dividends and interest payments on such investments may be impaired. In certain circumstances, such as when there is no market for a security or other means of valuing or disposing of a security, a Fund may determine to value the affected security at zero. In addition, any exposure a Fund may have to counterparties in Russia or in countries affected by the invasion could negatively affect the Fund’s portfolio. The extent and duration of Russia’s military actions and the repercussions of such actions are impossible to predict, but could result in continued significant market disruptions, including in the oil and natural gas markets, and may negatively affect global supply chains, inflation and global growth. Further, an escalation of the military conflict beyond Ukraine’s borders could result in significant, long-lasting damage to the economies of Eastern and Western Europe as well as the global economy. These and any related events could significantly and adversely affect a Fund’s performance and the value of an investment in the Fund, even in the absence of direct exposure to Russian issuers or issuers in other countries affected by the invasion.

 

WisdomTree Trust      117  


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited)

 

Consideration of the Approval and Renewal of Investment Advisory and Sub-Advisory Agreements

At a meeting of the Board of Trustees (the “Board” or the “Trustees”) of the WisdomTree Trust (the “Trust”) held on September 19-20, 2022 (the “Meeting”), the Trustees, including those Trustees who are not “interested persons” (as defined in the Investment Company Act of 1940, as amended) of the Trust (the “Independent Trustees”), considered the renewal of (i) the Investment Advisory Agreements between WisdomTree Asset Management, Inc. (“WTAM”) and the Trust, on behalf of its applicable series (each, a “Fund,” and, collectively, the “Funds”), pursuant to which WTAM provides the Funds with investment advisory services (the “Advisory Agreements”), and (ii) the Sub-Advisory Agreement (the “Mellon Sub-Advisory Agreement”), pursuant to which Mellon Investments Corporation (“Mellon”) coordinates the investment and reinvestment of the assets of the applicable Funds, (together with the Advisory Agreements, the “Agreements”).

The Trustees requested, and WTAM provided, such information as the Trustees, with advice from counsel to the Trust and independent legal counsel, deemed reasonably necessary to evaluate the Agreements. At a meeting of a committee of Independent Trustees (the “Contracts Review Committee”) held on August 11, 2022, representatives from WTAM presented detailed information to the Trustees relating to the continuance of the Agreements, and the Trustees, including the Independent Trustees, reviewed and discussed such information. Further information was presented at the Board’s request at the Meeting.

The Independent Trustees were assisted in their review by independent legal counsel and met with counsel in executive session separate from WTAM representatives and the Sub-Advisers. In considering the approval and renewal of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Trustee may have attributed different weights to the factors considered. Each Fund was considered separately.

Analysis of Nature, Extent, and Quality of Services Provided to the Funds. The Board considered information provided to them at the Meeting and in previous presentations throughout the year from WTAM representatives regarding the nature, extent, and quality of the services provided to the Funds, recognizing WTAM’s and the Sub-Advisers’ operational capabilities and resources. The Board also discussed the role of WisdomTree Investments, Inc. (“WTI”), the parent of WTAM, as index provider to certain Funds, which comprise the substantial majority of assets in the WisdomTree fund complex. The Board noted that the strategies represented by those Funds tracking affiliated WTI indexes are unique, based on WTI’s intellectual property and are only available for use by applicable Funds through WTAM. The Board noted WTAM’s belief that shareholders have invested in such Funds on the strength of WTI’s intellectual property and WTAM’s industry standing and reputation and with the expectation that WTAM will have a continuing role in providing advisory services to the Funds based on the WTI indexes. The Board also noted the extensive responsibilities that WTAM has as investment adviser to the Funds, including: the selection of, and supervisory responsibilities and activities over, the Sub-Advisers, including oversight of the Sub-Advisers’ adherence to each Fund’s investment strategy and restrictions, monitoring of the Sub-Advisers’ buying and selling of securities and derivatives transactions, review of Sub-Adviser performance, review of proxies voted by the Sub-Advisers and oversight of, and the provision of consultation to, the Sub-Advisers with respect to the creation of custom creation or redemption baskets for authorized participants; oversight of the daily valuation of the Funds’ portfolio holdings; oversight of general Fund compliance with federal and state laws; and implementation of Board directives as they relate to the Funds. The Board also considered research support available to, and management capabilities of, the Funds’ management personnel and that WTAM provides oversight of day-to-day Fund operations, including fund accounting, tax matters, administration and legal assistance in meeting disclosure and regulatory requirements. Based on management’s representations, the Board expected that there would be no reduction in the scope of services required by or provided by WTAM and the Sub-Advisers under the relevant Agreements. The Board noted that WTAM has continued to commit significant resources toward the fund complex and has made substantial investments to improve the services offered by WTAM, which benefit Fund shareholders.

Based on review of this information and the other factors considered at the Meeting, the Board concluded that the nature, extent and quality of services provided by WTAM and the Sub-Advisers under the Advisory Agreements and Sub-Advisory Agreements, respectively, are adequate and appropriate and supported the Board’s approval of the approval and renewal of the Agreements.

Comparative Analysis of the Funds’ Performance and Management Fee and Expense Ratio. The Board reviewed reports prepared by Broadridge Financial Solutions, Inc. (“Broadridge”), an independent provider of investment company data, which included information (1) measuring each index Fund’s performance by how well it tracked the relevant benchmark index, (2) comparing, with respect to the actively-managed Funds, each Fund’s performance with the performance of a group of comparable funds (the “Performance Group”) for various periods ended May 31, 2022, and (3) comparing each Fund’s actual management fees and total expenses with those of a group of comparable funds (the “Expense Group”) and, with respect to total expenses, with a broader group of funds (the “Expense Universe”), the information for which was derived in part from fund financial statements available to Broadridge as of the date of its analysis. The Contracts Review Committee and the Independent Trustees previously had reviewed and discussed the methodology Broadridge used to select the Performance Groups, Expense Groups and Expense Universes. The Board noted that the Performance Groups, Expense Groups and Expense Universes included only pure-index and index-based exchange traded funds (“ETFs”) as comparison funds, except that the Performance Groups, Expense Groups and Expense Universes for the actively-managed Funds included only actively-managed ETFs as comparison funds. The Board also noted that due to the

 

118   WisdomTree Trust


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) (continued)

 

special characteristics of certain Funds, there are limitations in providing comparable funds in the Performance Groups, Expense Groups and Expense Universes, and the information in the Broadridge reports may or may not provide meaningful direct comparisons to the Funds.

The Board discussed the index Funds’ performance, noting that the substantial majority of index Funds seek to track their own WisdomTree benchmark index. During the prior year, the Board received periodic reports on the Funds’ performance in comparison to their relevant benchmark indexes. The Board also discussed the performance of the actively-managed Funds and noted that total return performance of the Funds was variously above, at and below the relevant Performance Group medians for the time periods measured. In response to questions from the Independent Trustees, WTAM representatives discussed the relative performance of the Funds and the factors affecting such performance. On that basis, the Board determined to continue to monitor carefully disparities in performance — both positive and negative — but did not believe that the disparities in the past reflected any characteristics requiring immediate action by WTAM or a Sub-Adviser.

The Board also reviewed the range of actual management fees and total expenses of the Expense Group funds and, with respect to total expenses, Expense Universe funds, and discussed the results of the comparisons. With respect to comparisons of actual management fees, the Board noted the Funds’ unitary fee structure and that the Expense Groups and Expense Universes generally included both ETFs with and without a unitary fee structure. The Board also noted that certain comparison funds in certain Expense Groups and Expense Universes benefited from waivers of all or a portion of their management fees and reimbursement of certain operating expenses. The Board noted that the total expenses of many of the Funds were within five basis points of the median or average total expenses of the funds in the Funds’ respective Expense Groups. In those specific instances where a Fund’s total expenses departed more significantly from comparative funds, the Independent Trustees sought explanations from WTAM, which generally attributed the disparities to the limitations within peer data and/or the unique attributes of a Fund.

The Board considered the fees to the Sub-Advisers in relation to the fees paid to WTAM by the Funds and the respective services provided by the Sub-Advisers and WTAM. The Board also noted that the Sub-Advisers’ fees are paid by WTAM (out of its fee paid by the relevant Funds) and not the Funds. The Board considered the meaningful differences in the services that WTAM provides to the Funds as compared to the Sub-Advisers, including that the role of a Sub-Adviser in making investment recommendations with respect to a Fund tracking an index is a rules-based function, with oversight by WTAM in seeking to ensure compliance with such rules. The Board also considered the role of a Sub-Adviser in making investment recommendations with respect to a Fund that is model-based, with oversight by WTAM in seeking to ensure consistency with such quantitative models. The Board also considered the entrepreneurial and expense risk borne by WTAM that is associated with Funds’ unitary fee structure, which frequently includes minimum fees (such as those to a Sub-Adviser), regardless of whether the asset size of a Fund has grown to a sufficient size.

Based on this review and the other factors considered at the Meeting, the Board concluded that, with respect to each Fund, the Fund’s performance, the fees paid to WTAM and the relevant Sub-Adviser and the Fund’s total expenses supported the Board’s approval and renewal of the relevant Agreements.

Analysis of Profitability and Economies of Scale. WTAM representatives reviewed the expenses allocated and profit received by WTAM and the resulting profitability percentage for managing each Fund and the aggregate profitability percentage to WTAM for managing the WisdomTree fund complex, and the method used to determine the expenses and profit.

The Board considered the profitability analysis (1) as part of its evaluation of whether the fees under the Agreements bear a reasonable relationship to the mix of services provided by WTAM and the Sub-Advisers, including the nature, extent and quality of such services, and (2) in light of the relevant circumstances for each Fund and the extent to which economies of scale would be realized if the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund shareholders. WTAM representatives noted that a discussion of economies of scale is predicated on a Fund having achieved a substantial size and that, if a Fund’s assets had been decreasing, the possibility that WTAM may have realized material economies of scale would be less. WTAM representatives also noted that, as a result of shared and allocated costs among the WisdomTree funds, the extent of economies of scale could depend substantially on the level of assets in the fund complex as a whole and the relative size and asset size changes among the Funds. The Board noted that, in the past, certain Funds had grown rapidly over a relatively short period of time after longer periods of slow or no growth, during which there were years of losses for WTAM in managing such Funds that had only recently turned profitable and years of substantial cumulative losses to WTAM in managing the fund complex as a whole. WTAM representatives stated that there has been significant volatility in the assets of individual Funds and in the fund complex as a whole over time (including volatility in profitability) and that it was not clear that current asset levels will be maintained. WTAM representatives noted that assets in certain Funds have diminished at times at a rapid rate (including during the last year) and could continue to do so. WTAM representatives also noted that economies of scale currently are shared with the Funds by way of the unitary fee structure of the Trust, as well as through additional investment in the WisdomTree business. The Board noted that the Contracts Review Committee had focused on the issue of economies of scale during its meetings. The Board also noted that it would continue to monitor the sharing of economies of scale, focusing in particular on Funds that have experienced significant asset growth, to determine the appropriateness of adding breakpoints in the future. The Board also considered potential benefits to

 

WisdomTree Trust      119  


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) (concluded)

 

WTAM and the Sub-Advisers from acting as investment adviser and sub-advisers, respectively, and noted that there were no soft dollar arrangements in effect for trading the Funds’ investments. Based on this review, the Board concluded that the profitability results were consistent with the services rendered and service levels provided by WTAM and the entrepreneurial risk WTAM has undertaken over time.

*    *    *    *    *    *

At the conclusion of these discussions, the Board agreed that it had been furnished with sufficient information to make an informed business decision with respect to the approval to renew the Agreements. In evaluating the Agreements, the Board considered the conclusions and determinations discussed above and also relied on its previous knowledge, gained through meetings and other interactions with WTAM and the Sub-Advisers, of the Funds and the services provided to the Funds by WTAM and the Sub-Advisers. The Board also relied on information received on a routine and regular basis throughout the year relating to the operations of the Funds and the investment advisory and other services provided under the Agreements. In light of the foregoing, the Board, including a majority of the Independent Trustees, determined to approve the renewal of the Agreements.

 

120   WisdomTree Trust


General Information (unaudited)

 

Proxy Voting Policies, Procedures and Record

A complete copy of the Proxy Voting Policy may be obtained upon request, at no charge, by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o Foreside Fund Services, LLC, Three Canal Plaza Suite 100, Portland, ME, 04101.

The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent

12-month period ended June 30 and to file Form N-PX with the SEC no later than August 31 of each year. The current Form N-PX for the Funds is available at no charge upon request by calling 1-866-909-WISE (9473) or through the Trust’s website at www.wisdomtree.com. The Funds’ Form N-PX is also available on the SEC’s website at www.sec.gov.

Shareholder Reports and Quarterly Portfolio Disclosure

The Funds file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. Copies of the filings are available, without charge, on the SEC’s website at www.sec.gov and are also available by calling the Trust at 1-866-909-WISE (9473). Copies of the filings may also be obtained, after paying a duplicating fee, by electronic request at the following E-mail address: publicinfo@sec.gov.

Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.

The Statement of Additional Information (“SAI”) has additional information about the Funds’ Trustees and Officers and is available without charge upon request. Contact your financial representative for a free prospectus or SAI.

Frequency Distribution of Discounts & Premiums

Information about differences between the per share net asset value of each Fund and the market trading price of shares of each Fund are available, without charge, at www.wisdomtree.com.

 

WisdomTree Trust      121  


The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission as separate series (“Funds”) of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree, Inc., serves as the investment adviser to the Trust. None of the WisdomTree entities are affiliated with Foreside Fund Services, LLC, the Funds’ distributor. WisdomTree, its affiliates and their independent providers are not liable for any informational errors, incompleteness, delays, or for any actions taken in reliance on information contained herein.

There are risks associated with investing including possible loss of principal. Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Investments in real estate involve additional special risks, such as credit risk, interest rate fluctuations and the effect of varied economic conditions. Funds that focus their investments in one country or region may be significantly impacted by events and developments associated with the region which can adversely affect performance. Funds focusing on a single sector and/or smaller companies generally experience greater price volatility. Investments in emerging, offshore or frontier markets are generally less liquid and less efficient than investments in developed markets and are subject to additional risks, such as risks of adverse governmental regulation and intervention or political developments. Investments in currency involve additional special risks, such as credit risk and interest rate fluctuations. Derivative investments can be volatile and these investments may be less liquid than other securities, and more sensitive to the effect of varied economic conditions. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting such issuers. Dividends are not guaranteed, and a company currently paying dividends may cease paying dividends at any time. Due to the investment strategy of certain Funds they may make higher capital gain distributions than other ETFs. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.

Indexes are unmanaged and you cannot invest directly in an index.

The Dow Jones Global ex-U.S. Select Real Estate Securities Index is calculated, distributed and marketed by Dow Jones Indexes, a licensed trademark of CME Group Index Services LLC, and has been licensed for use.

Transactions in Fund shares will result in brokerage commissions and will generate tax consequences. Shares may be sold through brokerage accounts, but may be redeemed from the Funds only by Authorized Participants in large creation unit sizes of shares.

This report is intended for the Funds’ shareholders. It may not be distributed to prospective investors unless it is preceded or accompanied by the current prospectus.


 

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WisdomTree Trust

Semi-Annual Report

September 30, 2022

 

WisdomTree Europe Hedged Equity Fund (HEDJ)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

WisdomTree Germany Hedged Equity Fund (DXGE)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

WisdomTree Japan Hedged Equity Fund (DXJ)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

 

 


Table of Contents

 

Information about Performance and Shareholder Expense Examples (unaudited)

       1  

Performance Summary (unaudited)

       2  

Description of Terms and Indexes (unaudited)

       8  
Schedules of Investments (unaudited)

 

WisdomTree Europe Hedged Equity Fund

       11  

WisdomTree Europe Hedged SmallCap Equity Fund

       14  

WisdomTree Germany Hedged Equity Fund

       18  

WisdomTree International Hedged Quality Dividend Growth Fund

       21  

WisdomTree Japan Hedged Equity Fund

       29  

WisdomTree Japan Hedged SmallCap Equity Fund

       35  

Statements of Assets and Liabilities (unaudited)

       44  

Statements of Operations (unaudited)

       45  

Statements of Changes in Net Assets (unaudited)

       46  

Financial Highlights (unaudited)

       48  

Notes to Financial Statements (unaudited)

       51  

Approval of Investment Advisory and Sub-Advisory Agreements (unaudited)

       62  

General Information (unaudited)

       65  

“WisdomTree” is a registered mark of WisdomTree, Inc. and is licensed for use by the WisdomTree Trust.


Information about Performance and Shareholder Expense Examples (unaudited)

Performance

The performance tables on the following pages are provided for comparative purposes and represent the period noted. Each Fund’s per share net asset value (“NAV”) is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the midpoint of the bid and ask price for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other exchange traded funds (“ETFs”), NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of a Fund’s portfolio securities.

Fund shares are bought and sold at market price (not NAV) and are not individually redeemed from a Fund. Fund NAV returns are calculated using a Fund’s daily 4:00 p.m. eastern time NAV. Market price returns reflect the midpoint of the bid and ask price as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period of less than one year are cumulative.

Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. For the most recent month-end performance information visit www.wisdomtree.com.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and an index is not available for direct investment. In comparison, the Funds’ performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or taxes that a shareholder would pay on Fund distributions. Past performance is no guarantee of future results.

Shareholder Expense Examples

Each Fund’s performance table is accompanied by a shareholder expense example. As a shareholder of a WisdomTree Fund, you incur two types of cost: (1) transaction costs, including brokerage commissions on purchases and sales of your Fund shares and (2) ongoing costs, including management fees and other Fund expenses. The examples are intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.

The examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2022 to September 30, 2022. Except where noted, expenses are calculated using each Fund’s annualized expense ratio (after the effect of contractual or voluntary fee waivers, if any), multiplied by the average account value for the period, multiplied by 183/365 (to reflect the one-half year period). The annualized expense ratio does not include acquired fund fees and expenses (“AFFEs”), which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies.

Actual expenses

The first line in the shareholder expense example table shown on the following pages provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During the Period” to estimate the expenses you paid on your account during the period.

Hypothetical example for comparison purposes

The second line in the shareholder expense example table shown on the following pages provides information about hypothetical account values and hypothetical expenses based on the Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.

 

WisdomTree Trust      1  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree Europe Hedged Equity Fund (HEDJ)

 

Sector Breakdown

 

Sector   % of Net Assets  

Materials

    19.1%  

Industrials

    17.4%  

Consumer Staples

    16.7%  

Consumer Discretionary

    11.8%  

Health Care

    11.4%  

Financials

    9.0%  

Information Technology

    7.9%  

Communication Services

    5.3%  

Energy

    0.7%  

Utilities

    0.2%  

Other Assets less Liabilities‡

    0.5%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Linde PLC

    6.4%  

Deutsche Telekom AG, Registered Shares

    4.1%  

LVMH Moet Hennessy Louis Vuitton SE

    4.1%  

Sanofi

    4.1%  

Banco Bilbao Vizcaya Argentaria SA

    3.9%  

L’Oreal SA

    3.8%  

ASML Holding NV

    3.7%  

Siemens AG, Registered Shares

    2.8%  

Anheuser-Busch InBev SA/NV

    2.7%  

Koninklijke Ahold Delhaize NV

    2.7%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Europe Hedged Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Hedged Equity Index (the “Index”). In seeking to track the Index, the Fund invests in European dividend-paying companies while at the same time hedging exposure to the fluctuations of the value of the euro relative to the U.S. dollar. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio1
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 872.10        0.69   $ 3.24  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,021.61        0.69   $ 3.50  
1 

Included in the expense ratio are “Other fees” described in Note 6 which are not annualized. Without these expenses, the expense ratio would have been 0.58% and the actual and hypothetical expenses paid during the period would have been $2.72 and $2.94, respectively.

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -12.79      -14.62      0.38      1.93      7.54

Fund Market Price Returns

       -13.44      -15.59      -0.01      1.67      7.33

WisdomTree DEFA International Hedged Equity/Europe Hedged Equity Spliced Index1

       -12.84      -14.39      0.82      2.33      7.96

MSCI EAFE Local Currency/MSCI EMU Local Currency Spliced Index2

       -14.54      -18.01      -0.46      0.43      6.20
*

Returns of less than one year are cumulative.

 

1 

WisdomTree DEFA International Hedged Equity Index prior to August 29, 2012; WisdomTree Europe Hedged Equity Index thereafter.

 

2 

MSCI EAFE Local Currency Index prior to August 29, 2012; MSCI EMU Local Currency Index thereafter.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

2   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    21.0%  

Financials

    17.2%  

Utilities

    14.0%  

Real Estate

    11.8%  

Communication Services

    8.0%  

Materials

    7.9%  

Consumer Discretionary

    5.6%  

Information Technology

    4.5%  

Consumer Staples

    4.0%  

Health Care

    3.0%  

Energy

    1.7%  

Other Assets less Liabilities‡

    1.3%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Enagas SA

    2.3%  

Acciona SA

    2.3%  

BAWAG Group AG

    2.2%  

Mapfre SA

    1.9%  

Italgas SpA

    1.9%  

ASR Nederland NV

    1.8%  

Covivio

    1.7%  

Proximus SADP

    1.7%  

Klepierre SA

    1.6%  

Freenet AG

    1.6%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Europe Hedged SmallCap Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Hedged SmallCap Equity Index (the “Index”). In seeking to track the Index, the Fund invests in European small-cap dividend-paying companies while at the same time hedging exposure to fluctuations of the value of the euro relative to the U.S. dollar. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 837.10        0.58   $ 2.67  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       -16.29      -17.83      0.74      1.23      4.84

Fund Market Price Returns

       -17.20      -18.88      0.43      0.99      4.55

WisdomTree Europe Hedged SmallCap Equity Index

       -16.56      -17.99      0.91      1.22      4.92

MSCI European Economic and Monetary Union (EMU) Small Cap Local Currency Index

       -21.34      -24.22      1.28      0.63      4.43

MSCI EMU Small Cap Index

       -30.74      -35.91      -2.26      -3.06      2.50
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on March 4, 2015.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      3  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree Germany Hedged Equity Fund (DXGE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    19.1%  

Industrials

    18.5%  

Consumer Discretionary

    13.3%  

Health Care

    11.4%  

Materials

    10.0%  

Communication Services

    10.0%  

Utilities

    7.3%  

Information Technology

    6.2%  

Consumer Staples

    2.9%  

Energy

    0.1%  

Real Estate

    0.0%

Other Assets less Liabilities‡

    1.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

Deutsche Telekom AG, Registered Shares

    8.2%  

Bayer AG, Registered Shares

    6.5%  

Allianz SE, Registered Shares

    6.4%  

Siemens AG, Registered Shares

    5.5%  

SAP SE

    5.0%  

BASF SE

    4.8%  

Muenchener Rueckversicherungs - Gesellschaft AG in Muenchen, Registered Shares

    4.7%  

Mercedes-Benz Group AG

    4.7%  

E.ON SE

    4.6%  

Deutsche Post AG, Registered Shares

    4.3%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

 

The WisdomTree Germany Hedged Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Germany Hedged Equity Index (the “Index”). In seeking to track the Index, the Fund invests in German dividend-paying companies with an exporter tilt while at the same time hedging exposure to fluctuations of the value of the euro relative to the U.S. dollar. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 853.60        0.48   $ 2.23  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.66        0.48   $ 2.43  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       -14.64      -16.32      1.46      0.77      5.11

Fund Market Price Returns

       -15.29      -17.25      1.13      0.51      4.87

WisdomTree Germany Hedged Equity Index

       -15.02      -16.55      1.60      0.90      5.27

MSCI Germany Local Currency Index

       -18.72      -25.64      -3.60      -3.11      2.19

MSCI Germany Index

       -28.44      -37.15      -6.97      -6.68      -1.54
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on October 17, 2013.

 

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

4   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Health Care

    22.5%  

Materials

    18.8%  

Consumer Discretionary

    18.2%  

Industrials

    16.9%  

Information Technology

    10.1%  

Consumer Staples

    6.8%  

Energy

    2.3%  

Financials

    2.1%  

Communication Services

    1.3%  

Real Estate

    0.1%  

Investment Company

    0.1%  

Utilities

    0.0%

Other Assets less Liabilities‡

    0.8%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

Novo Nordisk A/S, Class B

    6.2%  

Roche Holding AG

    5.9%  

LVMH Moet Hennessy Louis Vuitton SE

    5.8%  

BHP Group Ltd.

    5.1%  

Rio Tinto Ltd.

    4.8%  

Anglo American PLC

    4.4%  

Diageo PLC

    3.3%  

Industria de Diseno Textil SA

    3.3%  

Deutsche Post AG, Registered Shares

    2.2%  

CSL Ltd.

    2.1%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

 

The WisdomTree International Hedged Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Hedged Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies with growth characteristics in developed countries, excluding U.S. and Canada, while at the same time hedging exposure to fluctuations of the value of the applicable foreign currencies relative to the U.S. dollar. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio1
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 862.40        0.59   $ 2.75  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.11        0.59   $ 2.99  
1 

Included in the expense ratio are “Other fees” described in Note 6 which are not annualized. Without these expenses, the expense ratio would have been 0.58% and the actual and hypothetical expenses paid during the period would have been $2.71 and $2.94, respectively.

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       -13.76      -13.21      5.72      5.65      7.18

Fund Market Price Returns

       -14.06      -13.47      5.37      5.48      7.01

WisdomTree International Hedged Quality Dividend Growth Index

       -13.76      -12.86      6.26      6.28      7.82

MSCI EAFE Local Currency Index

       -11.14      -11.11      2.51      2.83      4.97
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on May 7, 2014.

 

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      5  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree Japan Hedged Equity Fund (DXJ)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    21.0%  

Consumer Discretionary

    17.3%  

Financials

    15.4%  

Consumer Staples

    10.4%  

Information Technology

    10.3%  

Materials

    8.6%  

Health Care

    8.5%  

Communication Services

    3.9%  

Energy

    2.5%  

Other Assets less Liabilities‡

    2.1%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Japan Tobacco, Inc.

    4.9%  

Toyota Motor Corp.

    4.8%  

Mitsubishi UFJ Financial Group, Inc.

    4.0%  

Takeda Pharmaceutical Co. Ltd.

    3.7%  

Nintendo Co. Ltd.

    3.2%  

Sumitomo Mitsui Financial Group, Inc.

    3.1%  

ITOCHU Corp.

    2.6%  

Mitsubishi Corp.

    2.4%  

Mizuho Financial Group, Inc.

    2.2%  

Tokio Marine Holdings, Inc.

    2.0%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

 

The WisdomTree Japan Hedged Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Equity Index (the “Index”). The Fund seeks to provide Japanese equity returns while mitigating or “hedging” against fluctuations between the value of the Japanese yen and the U.S. dollar. In seeking to track the Index, the Fund invests in Japanese dividend-paying companies with an exporter tilt while at the same time hedging exposure to fluctuations of the value of the Japanese yen relative to the U.S. dollar. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 965.50        0.48   $ 2.37  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.66        0.48   $ 2.43  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -3.45      -0.07      9.98      5.01      10.81

Fund Market Price Returns

       -2.21      0.87      9.83      5.09      10.87

WisdomTree Japan Hedged Equity Index

       -3.29      0.21      10.37      5.48      11.47

MSCI Japan Local Currency Index

       -6.00      -8.28      7.31      4.50      11.55
*

Returns of less than one year are cumulative.

 

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

6   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    24.0%  

Consumer Discretionary

    16.3%  

Materials

    14.7%  

Financials

    13.6%  

Information Technology

    11.5%  

Consumer Staples

    6.7%  

Health Care

    3.9%  

Utilities

    2.3%  

Communication Services

    2.2%  

Real Estate

    1.7%  

Energy

    1.4%  

Other Assets less Liabilities‡

    1.7%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Electric Power Development Co. Ltd.

    0.9%  

Nishimatsu Construction Co. Ltd.

    0.8%  

Toyo Seikan Group Holdings Ltd.

    0.8%  

Mebuki Financial Group, Inc.

    0.8%  

Cosmo Energy Holdings Co. Ltd.

    0.7%  

Aozora Bank Ltd.

    0.7%  

Seven Bank Ltd.

    0.7%  

Sankyo Co. Ltd.

    0.7%  

Konica Minolta, Inc.

    0.6%  

SHO-BOND Holdings Co. Ltd.

    0.6%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Japan Hedged SmallCap Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged SmallCap Equity Index (the “Index”). In seeking to track the Index, the Fund invests in Japanese small-cap dividend-paying companies while at the same time hedging exposure to fluctuations of the value of the Japanese yen relative to the U.S. dollar. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,044.50        0.58   $ 2.97  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       4.45      -0.67      7.00      3.09      8.92

Fund Market Price Returns

       5.85      0.40      6.83      3.09      8.86

WisdomTree Japan Hedged SmallCap Equity Index

       4.70      -0.34      7.57      3.66      9.68

MSCI Japan Small Cap Local Currency Index

       0.90      -6.02      5.77      2.75      8.64

MSCI Japan Small Cap Index

       -15.39      -27.56      -4.04      -2.29      4.31
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on June 28, 2013.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      7  


Description of Terms and Indexes (unaudited)

 

 

Below are descriptions of certain terms and of each Index referenced in this report:

Growth is generally characterized by higher price levels relative to fundamentals, such as dividends or earnings. Price levels are higher because investors are willing to pay more due to their expectations of future improvements in these fundamentals.

The MSCI EAFE Local Currency Index is a free float-adjusted market capitalization weighted index that is designed to measure developed market equity performance, excluding the U.S. and Canada, calculated in local currency.

The MSCI European Economic and Monetary Union (EMU) Local Currency Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of the developed market countries within the EMU. The securities are priced in local currency terms with no conversion into U.S. dollars.

The MSCI European Economic and Monetary Union (EMU) Small Cap Local Currency Index is a free float-adjusted market capitalization weighted index that captures small cap representation across the 10 Developed Market countries in the EMU and is calculated in local currency.

The MSCI EMU Small Cap Index captures small-cap representation across the 10 developed markets countries in the European Economic and Monetary Union (“EMU”).

The MSCI Germany Local Currency Index is a capitalization weighted index that measures the performance of the Germany equity market and provides local currency returns, which are not translated back to U.S. dollars.

The MSCI Germany Index is designed to measure the performance of the large- and mid-cap segments of the German market. With 61 constituents, the index covers about 85% of the equity universe in Germany.

The MSCI Japan Index is a capitalization weighted index that is comprised of stocks in Japan.

The MSCI Japan Local Currency Index is a free float-adjusted market capitalization index that is designed to measure developed market equity performance in Japan and calculated in local currency.

The MSCI Japan Small Cap Local Currency Index is a free float-adjusted market capitalization index that is designed to measure the performance of small cap stocks within Japan and calculated in local currency.

The MSCI Japan Small Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of small cap stocks within Japan.

Quality is generally characterized by higher efficiency and profitability. Typical measures include earnings, return-on-equity, return on assets, operating profitability as well as others. This term is also related to the quality factor, which associates these stock characteristics with excess returns vs. the market over time.

Return-on-Equity (ROE) measures a corporation’s profitability by revealing how much profit a company generates with the money shareholders have invested.

The WisdomTree DEFA International Hedged Equity Index is a dividend weighted index designed to provide exposure to developed world, non-U.S. equity securities while at the same time neutralizing exposure to fluctuations between the value of the U.S. dollar and non-U.S. currencies reflected in the index. This index is based on the WisdomTree International Equity Index.

The WisdomTree Europe Hedged Equity Index is designed to provide exposure to European equities while at the same time neutralizing exposure to fluctuations between the Euro and the U.S. dollar.

The WisdomTree Europe Hedged SmallCap Equity Index is designed to provide exposure to the European equity markets while at the same time neutralizing exposure to fluctuations of the Euro movements relative to U.S. dollar.

The WisdomTree Germany Hedged Equity Index is designed to provide exposure to Germany equity markets while at the same time neutralizing exposure to fluctuations of

 

8   WisdomTree Trust


Description of Terms and Indexes (unaudited) (continued)

 

the Euro movements relative to the U.S. dollar. In this sense, the Index “hedges” against fluctuations in the relative value of the Euro against the U.S. dollar.

The WisdomTree International Hedged Quality Dividend Growth Index is designed to provide exposure to the developed market companies while at the same time neutralizing exposure to fluctuations between the value of foreign currencies and the U.S. dollar.

The WisdomTree Japan Hedged Equity Index is designed to provide exposure to Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese Yen movements relative to the U.S. dollar.

The WisdomTree Japan Hedged SmallCap Equity Index is designed to provide exposure to the small-capitalization segment of the Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese Yen movements relative to the U.S. dollar.

The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s (“S&P”), a division of The McGraw-Hill Companies, Inc. and is licensed for use by WisdomTree, Inc. Neither MSCI, S&P nor any other party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.

Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.

WisdomTree, Inc. and WisdomTree Asset Management, Inc. (together, “WisdomTree”) and the Funds make no representation or warranty, express or implied, to the owners of shares of the Funds or any member of the public regarding the advisability of investing in securities generally or in the Funds particularly or the ability of the underlying Indexes to track the performance of their underlying securities. WisdomTree is the licensor of certain trademarks, service marks and trade names of the Funds. WisdomTree has no obligation to take the needs of the Funds or the owners of shares of the Funds into consideration in determining, composing, or calculating the underlying WisdomTree Indexes of the applicable Funds. WisdomTree is not responsible for, and has not participated in, the determination of the timing of, prices of, or quantities of shares of the Funds to be issued or in the determination or calculation of the equation by which the shares of the Funds are redeemable. WisdomTree and the Funds do not guarantee the accuracy, completeness, or performance of the underlying Indexes or the data included therein and shall have no liability in connection with the underlying Indexes or their calculation.

Index performance information assumes the reinvestment of dividends and excludes management fees, transaction costs and expenses. You cannot directly invest in an index.

* * * * * *

 

WisdomTree Trust      9  


Description of Terms and Indexes (unaudited) (concluded)

 

 

Abbreviations used in the schedules of investments and related tables included in this report are as follows:

 

Currency abbreviations:
AUD   Australian dollar    ILS   Israeli new shekel
CHF   Swiss franc    JPY   Japanese yen
DKK   Danish krone    NOK   Norwegian krone
EUR   Euro    SEK   Swedish krona
GBP   British pound    SGD   Singapore dollar
HKD   Hong Kong dollar    USD   U.S. dollar
Other abbreviations:
CVA   Certificaten Van Aandelen (Certificate of Stock)
RSP   Risparmio Italian Savings Shares

 

10   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Europe Hedged Equity Fund (HEDJ)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.5%

 

Austria – 0.5%

 

Andritz AG

     131,902      $ 5,639,063  

AT&S Austria Technologie & Systemtechnik AG

     15,383        507,104  
     

 

 

 
Total Austria

 

     6,146,167  
Belgium – 4.8%

 

Anheuser-Busch InBev SA

     685,913        31,410,513  

Bekaert SA

     93,334        2,366,328  

Fagron

     30,895        381,052  

Melexis NV

     35,677        2,446,567  

Solvay SA

     150,218        11,719,904  

UCB SA

     98,981        6,896,273  
     

 

 

 
Total Belgium

 

     55,220,637  
Finland – 3.9%

 

Cargotec Oyj, Class B

     50,472        1,537,736  

Fiskars Oyj Abp(a)

     82,574        1,202,079  

Huhtamaki Oyj(a)

     104,989        3,359,161  

Kemira Oyj

     245,238        2,726,807  

Kone Oyj, Class B

     535,992        20,798,594  

Konecranes Oyj

     76,835        1,541,558  

Metso Outotec Oyj

     775,069        5,205,734  

Revenio Group Oyj

     5,176        193,294  

Valmet Oyj

     270,677        5,523,463  

Wartsila Oyj Abp(a)

     401,686        2,590,093  
     

 

 

 
Total Finland

 

     44,678,519  
France – 26.8%

 

Air Liquide SA(a)

     236,384        27,223,783  

Arkema SA

     39,139        2,878,756  

BioMerieux

     10,182        811,948  

Bureau Veritas SA

     146,086        3,288,739  

Cie Generale des Etablissements Michelin SCA(a)

     292,441        6,633,670  

Danone SA

     373,968        17,793,991  

Dassault Systemes SE

     74,303        2,601,183  

EssilorLuxottica SA

     90,011        12,375,958  

Eutelsat Communications SA

     267,165        2,072,887  

Hermes International

     8,419        10,037,416  

Imerys SA(a)

     38,625        1,175,278  

IPSOS

     22,689        1,020,232  

Kering SA

     24,341        10,934,425  

L’Oreal SA(a)

     133,322        43,133,577  

Lectra

     3,087        85,887  

Legrand SA

     96,085        6,274,682  

LVMH Moet Hennessy Louis Vuitton SE(a)

     78,270        46,803,754  

Nexans SA

     8,303        747,518  

Pernod Ricard SA

     57,908        10,713,377  

Publicis Groupe SA

     213,670        10,235,834  

Remy Cointreau SA(a)

     8,041        1,346,241  

Rubis SCA

     106,035        2,221,932  

Safran SA

     26,268        2,419,201  

Sanofi

     608,166        46,709,910  

Sartorius Stedim Biotech(a)

     2,961        919,826  

Schneider Electric SE

     244,849        28,049,960  

SEB SA(a)

     14,735        933,954  

Societe BIC SA(a)

     38,035      2,418,237  

Teleperformance(a)

     9,406        2,404,085  

Valeo(a)

     46,606        713,628  

Vicat SA(a)

     28,030        632,943  
     

 

 

 
Total France

 

     305,612,812  
Germany – 24.1%

 

adidas AG

     32,944        3,836,683  

AIXTRON SE

     9,698        236,851  

BASF SE

     722,736        28,037,914  

Bayer AG, Registered Shares

     610,227        28,345,100  

Bayerische Motoren Werke AG

     195,926        13,433,800  

Beiersdorf AG

     27,521        2,721,707  

Brenntag SE

     56,525        3,454,274  

Covestro AG(b)

     65,248        1,888,202  

Deutsche Telekom AG, Registered Shares

     2,767,315        47,420,802  

Duerr AG

     8,664        181,976  

Eckert & Ziegler Strahlen – und Medizintechnik AG

     744        25,058  

Evonik Industries AG

     288,913        4,882,329  

Fresenius SE & Co. KGaA

     189,183        4,068,061  

GEA Group AG

     83,145        2,715,642  

Hannover Rueck SE

     78,104        11,798,546  

Hapag-Lloyd AG(a)(b)

     74,978        12,832,095  

HeidelbergCement AG

     103,132        4,127,208  

Henkel AG & Co. KGaA

     100,215        5,723,637  

Hochtief AG

     60,213        2,882,137  

Infineon Technologies AG

     110,112        2,449,755  

Knorr-Bremse AG

     41,215        1,791,899  

LANXESS AG

     20,136        593,168  

Mercedes-Benz Group AG

     394,760        20,245,134  

Merck KGaA

     20,488        3,347,853  

NORMA Group SE

     8,354        113,185  

Puma SE

     3,215        151,085  

SAP SE

     273,330        22,524,616  

Siemens AG, Registered Shares

     318,779        31,603,926  

Siemens Healthineers AG(b)

     229,815        9,969,120  

Software AG

     22,367        515,366  

Symrise AG

     16,560        1,629,600  

Wacker Chemie AG

     15,702        1,632,848  
     

 

 

 
Total Germany

 

     275,179,577  
Ireland – 2.9%

 

CRH PLC(a)

     748,288        24,242,299  

Glanbia PLC(a)

     335,806        3,875,293  

Kerry Group PLC, Class A

     54,067        4,830,565  
     

 

 

 
Total Ireland

 

     32,948,157  
Italy – 2.6%

 

Carel Industries SpA(b)

     17,201        322,527  

Danieli & C. Officine Meccaniche SpA(a)

     8,418        143,492  

Datalogic SpA(a)

     21,764        139,227  

Davide Campari-Milano NV

     303,566        2,709,803  

DiaSorin SpA(a)

     12,180        1,369,809  

El.En. SpA

     26,490        301,550  

Ferrari NV(a)

     50,382        9,461,682  

 

See Notes to Financial Statements.

 

WisdomTree Trust      11  


Schedule of Investments (unaudited) (continued)

WisdomTree Europe Hedged Equity Fund (HEDJ)

September 30, 2022

 

 

 

Investments    Shares      Value  

GVS SpA*(a)(b)

     70,799      $ 418,230  

Moncler SpA(a)

     122,194        5,074,393  

Piaggio & C. SpA(a)

     685,914        1,394,979  

Pirelli & C. SpA(a)(b)

     610,712        2,010,234  

Prysmian SpA

     164,908        4,785,173  

Reply SpA

     7,350        774,766  

Webuild SpA(a)

     955,242        1,174,432  
     

 

 

 
Total Italy

 

     30,080,297  
Netherlands – 17.9%

 

Aegon NV(a)

     2,586,801        10,395,120  

Akzo Nobel NV

     150,999        8,627,052  

AMG Advanced Metallurgical Group NV

     10,016        228,427  

Arcadis NV

     70,904        2,333,892  

ASM International NV

     16,813        3,850,061  

ASML Holding NV

     100,225        42,573,187  

BE Semiconductor Industries NV

     112,187        4,900,618  

Corbion NV

     29,980        753,632  

Heineken Holding NV

     143,326        9,898,854  

Heineken NV

     239,874        21,116,426  

IMCD NV(a)

     18,065        2,169,698  

Koninklijke Ahold Delhaize NV

     1,223,007        31,312,827  

Koninklijke DSM NV

     89,182        10,261,269  

Koninklijke Philips NV

     757,569        11,874,436  

Koninklijke Vopak NV

     167,408        3,066,823  

SBM Offshore NV(a)

     403,220        5,093,710  

Signify NV(b)

     244,206        6,370,864  

STMicroelectronics NV(a)

     195,423        6,174,136  

Wolters Kluwer NV

     244,730        23,955,788  
     

 

 

 
Total Netherlands

 

     204,956,820  
Spain – 9.0%

 

Acerinox SA

     676,025        5,429,271  

Applus Services SA

     101,196        568,549  

Banco Bilbao Vizcaya Argentaria SA

     9,769,621        44,221,912  

Banco Santander SA

     10,014,240        23,520,548  

Cie Automotive SA

     107,182        2,234,417  

Fluidra SA(a)

     196,348        2,985,307  

Grifols SA*(a)

     298,233        2,595,000  

Mapfre SA(a)

     8,465,507        13,186,238  

Prosegur Cash SA(b)

     2,112,841        1,314,351  

Prosegur Cia de Seguridad SA*

     1,007,527        1,532,848  

Viscofan SA

     84,774        4,642,429  
     

 

 

 
Total Spain

 

     102,230,870  
United Kingdom – 7.0%

 

CNH Industrial NV

     589,765      6,719,385  

Linde PLC(a)

     268,632        73,475,743  
     

 

 

 
Total United Kingdom

 

     80,195,128  

TOTAL COMMON STOCKS

(Cost: $1,463,555,721)

 

 

     1,137,248,984  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.9%

 

United States – 4.9%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

 

  
(Cost: $55,569,027)      55,569,027        55,569,027  

TOTAL INVESTMENTS IN SECURITIES – 104.4%

(Cost: $1,519,124,748)

 

 

     1,192,818,011  

Other Assets less Liabilities – (4.4)%

 

     (50,080,025
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,142,737,986  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $62,049,690 and the total market value of the collateral held by the Fund was $66,106,153. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $10,537,126.

 

(b)

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c)

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

See Notes to Financial Statements.

 

12   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Europe Hedged Equity Fund (HEDJ)

September 30, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty  

Settlement

Date

    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    10/3/2022       630,000       USD       642,494       EUR     $ 581     $  

Bank of America NA

    10/5/2022       311,970,034       EUR       305,646,401       USD             (4,325

Bank of America NA

    10/5/2022       313,182,888       USD       310,856,130       EUR       8,632,121        

Bank of America NA

    11/3/2022       283,520,228       USD       288,813,310       EUR       1,972        

Citibank NA

    10/5/2022       311,971,626       EUR       305,646,401       USD             (2,765

Citibank NA

    11/3/2022       283,520,229       USD       288,813,899       EUR       1,395        

Goldman Sachs

    10/5/2022       3,448,945       EUR       3,349,550       USD       29,437        

Goldman Sachs

    11/3/2022       6,330,058       EUR       6,214,142       USD             (138

JP Morgan Chase Bank NA

    10/5/2022       13,335,919       EUR       13,398,198       USD             (332,783

JP Morgan Chase Bank NA

    10/5/2022       6,858,273       EUR       6,699,099       USD       20,061        

JP Morgan Chase Bank NA

    10/5/2022       311,970,352       EUR       305,646,401       USD             (4,013

JP Morgan Chase Bank NA

    10/5/2022       313,182,888       USD       310,775,928       EUR       8,710,696        

JP Morgan Chase Bank NA

    11/3/2022       283,520,229       USD       288,813,605       EUR       1,684        

Morgan Stanley & Co. International

    10/5/2022       311,990,733       EUR       305,646,401       USD       15,954        

Morgan Stanley & Co. International

    10/5/2022       313,182,888       USD       310,774,387       EUR       8,712,207        

Morgan Stanley & Co. International

    11/3/2022       283,520,229       USD       288,831,847       EUR             (16,224

UBS AG

    10/5/2022       6,721,751       EUR       6,699,099       USD             (113,691

UBS AG

    10/5/2022       313,182,886       USD       310,774,076       EUR       8,712,509        
                                            $ 34,838,617     $ (473,939

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 1,137,248,984      $      $      $ 1,137,248,984  

Investment of Cash Collateral for Securities Loaned

            55,569,027               55,569,027  

Total Investments in Securities

   $ 1,137,248,984      $ 55,569,027      $      $ 1,192,818,011  

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ 34,838,617      $      $ 34,838,617  

Liabilities:

 

     

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (473,939    $      $ (473,939

Total – Net

   $ 1,137,248,984      $ 89,933,705      $      $ 1,227,182,689  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      13  


Schedule of Investments (unaudited)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.7%

 

Austria – 7.0%

 

Andritz AG

     6,026      $ 257,623  

AT&S Austria Technologie & Systemtechnik AG

     799        26,339  

BAWAG Group AG(a)

     14,191        618,092  

EVN AG

     6,183        103,214  

Kontron AG

     1,682        24,008  

Oesterreichische Post AG(b)

     7,831        209,436  

POLYTEC Holding AG(b)

     2,165        9,618  

S IMMO AG

     3,784        84,149  

Semperit AG Holding(b)

     2,846        47,955  

Telekom Austria AG*

     11,448        66,281  

UNIQA Insurance Group AG

     14,839        88,094  

Vienna Insurance Group AG Wiener Versicherung Gruppe

     5,734        117,402  

Voestalpine AG

     8,218        140,969  

Wienerberger AG

     6,207        125,262  

Zumtobel Group AG

     2,992        17,587  
     

 

 

 
Total Austria

 

     1,936,029  
Belgium – 10.1%

 

Ackermans & van Haaren NV

     1,115        142,109  

Aedifica SA

     2,173        167,854  

Befimmo SA

     3,894        178,149  

Bekaert SA

     4,706        119,313  

Cofinimmo SA

     3,521        292,505  

D’ieteren Group

     982        139,781  

Deceuninck NV

     7,200        13,430  

Econocom Group SA/NV

     13,746        34,339  

Elia Group SA/NV

     2,274        268,218  

Etablissements Franz Colruyt NV

     9,041        199,283  

Fagron

     2,381        29,367  

Intervest Offices & Warehouses NV

     4,016        91,669  

Ion Beam Applications

     1,038        12,202  

Melexis NV

     1,884        129,196  

Proximus SADP

     45,558        472,864  

Recticel SA

     2,384        31,389  

Telenet Group Holding NV

     10,777        148,969  

TINC Comm VA

     2,451        29,870  

Warehouses De Pauw CVA

     10,564        259,967  

Xior Student Housing NV

     1,501        46,907  
     

 

 

 
Total Belgium

 

     2,807,381  
Denmark – 0.2%

 

Cementir Holding NV

     7,978        43,689  
Finland – 9.0%

 

Aktia Bank Oyj

     8,049        76,250  

Anora Group Oyj

     9,665        64,385  

Cargotec Oyj, Class B

     2,584        78,727  

Caverion Oyj

     4,684        19,708  

Huhtamaki Oyj

     4,854        155,305  

Kamux Corp.

     1,445        7,503  

Kemira Oyj

     11,973        133,128  

Kojamo Oyj

     8,751        112,477  

Konecranes Oyj

     3,679        73,813  

Lassila & Tikanoja Oyj(b)

     3,101      30,288  

Metsa Board Oyj, Class B

     19,421        142,123  

Metso Outotec Oyj

     35,028        235,265  

Musti Group Oyj*

     610        10,649  

Nokian Renkaat Oyj

     14,521        140,832  

Oma Saastopankki Oyj

     1,606        27,470  

Orion Oyj, Class B

     7,767        327,793  

Pihlajalinna Oyj

     1,044        9,481  

Raisio Oyj, Class V

     9,367        17,307  

Revenio Group Oyj

     325        12,137  

Rovio Entertainment Oyj(a)

     3,251        18,138  

Sanoma Oyj

     4,216        50,636  

Suominen Oyj(b)

     3,303        8,526  

Taaleri Oyj

     2,376        21,321  

Talenom Oyj

     883        7,612  

Terveystalo Oyj(a)

     4,112        33,314  

TietoEVRY Oyj

     11,257        256,509  

Tokmanni Group Corp.

     6,866        75,200  

Uponor Oyj

     4,833        63,823  

Valmet Oyj

     12,601        257,137  

Verkkokauppa.com Oyj(b)

     3,785        11,309  

YIT Oyj(b)

     12,095        34,054  
     

 

 

 
Total Finland

 

     2,512,220  
France – 16.3%

 

ABC Arbitrage

     2,979        18,678  

AKWEL

     1,043        14,938  

Alten SA

     505        56,250  

Bigben Interactive

     673        6,896  

Chargeurs SA

     2,348        27,281  

Cie Plastic Omnium SA

     6,004        79,522  

Coface SA*

     12,758        122,922  

Covivio

     9,825        476,633  

Eutelsat Communications SA

     32,073        248,849  

Fnac Darty SA

     953        26,514  

Groupe SFPI

     4,520        9,299  

ICADE

     7,509        281,006  

Imerys SA

     5,153        156,795  

IPSOS

     2,962        133,189  

Kaufman & Broad SA

     2,153        42,500  

Klepierre SA*

     26,077        457,279  

Korian SA

     1,857        19,084  

Lectra

     558        15,525  

Maisons du Monde SA(a)

     1,142        9,056  

Mersen SA

     1,006        28,137  

Nexans SA

     1,079        97,142  

Nexity SA

     8,187        167,466  

Quadient SA

     1,482        20,660  

Rexel SA

     22,088        334,964  

Rothschild & Co.

     3,873        127,105  

Rubis SCA

     11,901        249,382  

Societe BIC SA

     4,668        296,788  

Sopra Steria Group SACA

     511        65,328  

SPIE SA

     8,538        180,501  

Television Francaise 1

     21,722        125,445  

 

See Notes to Financial Statements.

 

14   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

September 30, 2022

 

 

 

Investments    Shares      Value  

Trigano SA

     1,091      $ 96,833  

Valeo

     5,322        81,490  

Verallia SA(a)

     6,592        149,306  

Vicat SA

     3,420        77,227  

Wendel SE

     3,262        235,996  
     

 

 

 
Total France

 

     4,535,986  
Germany – 13.2%

 

1&1 AG

     695        9,239  

7C Solarparken AG

     6,513        29,637  

Aareal Bank AG*

     2,242        72,524  

AIXTRON SE

     1,290        31,505  

alstria office REIT AG

     11,000        79,366  

AURELIUS Equity Opportunities SE & Co. KGaA

     2,436        45,509  

Aurubis AG

     1,620        85,668  

Bechtle AG

     1,717        62,455  

Bilfinger SE

     5,351        135,246  

CANCOM SE

     940        22,432  

CompuGroup Medical SE & Co. KgaA

     765        26,650  

CropEnergies AG

     5,300        63,967  

Dermapharm Holding SE

     1,485        54,234  

Deutsche Pfandbriefbank AG(a)

     6,855        47,613  

DIC Asset AG

     6,937        52,804  

Duerr AG

     1,188        24,952  

Eckert & Ziegler Strahlen – und Medizintechnik AG

     211        7,107  

Encavis AG

     4,541        82,210  

Fielmann AG

     3,295        106,393  

Freenet AG

     23,515        448,059  

GEA Group AG

     10,175        332,331  

Gerresheimer AG

     929        45,778  

GFT Technologies SE

     344        10,380  

GRENKE AG

     701        12,842  

Hamborner REIT AG

     11,221        77,608  

Hamburger Hafen und Logistik AG

     3,036        33,192  

Hensoldt AG

     1,972        39,700  

Hochtief AG

     7,247        346,883  

Hornbach Holding AG & Co. KGaA

     561        35,393  

Instone Real Estate Group SE(a)

     1,415        11,797  

Jenoptik AG

     911        18,153  

JOST Werke AG(a)

     609        21,299  

LANXESS AG

     2,620        77,180  

MLP SE

     5,178        26,378  

Mutares SE & Co. KGaA

     2,491        36,312  

NORMA Group SE

     862        11,679  

PATRIZIA SE

     2,369        24,461  

ProSiebenSat.1 Media SE

     21,339        152,730  

Rheinmetall AG

     1,910        296,013  

Scout24 SE(a)

     2,347        118,917  

Software AG

     2,894        66,682  

Stroeer SE & Co. KGaA

     2,828        107,272  

Suedzucker AG

     5,916        71,808  

TAG Immobilien AG

     9,377        75,464  

Varta AG(b)

     1,211        34,819  

VERBIO Vereinigte BioEnergie AG

     582        34,494  

Wacker Neuson SE

     2,541      33,531  

Wuestenrot & Wuerttembergische AG

     2,237        29,848  
     

 

 

 
Total Germany

 

     3,670,514  
Ireland – 0.8%

 

Glanbia PLC

     16,353        188,718  

Origin Enterprises PLC

     9,517        33,797  

Uniphar PLC*

     4,189        12,927  
     

 

 

 
Total Ireland

 

     235,442  
Italy – 16.0%

 

A2A SpA

     361,535        354,107  

ACEA SpA

     11,387        124,270  

Alerion Cleanpower SpA

     1,396        45,199  

Anima Holding SpA(a)

     45,881        131,696  

Ascopiave SpA

     8,717        18,019  

Avio SpA

     1,452        13,072  

Azimut Holding SpA

     15,555        224,081  

Banca IFIS SpA

     2,656        29,610  

Banca Popolare di Sondrio SpA

     19,052        63,309  

Banco BPM SpA

     55,498        146,469  

BFF Bank SpA(a)

     41,435        276,836  

BPER Banca

     50,041        77,505  

Brembo SpA

     11,933        99,308  

Buzzi Unicem SpA

     5,345        76,370  

Cairo Communication SpA

     11,715        16,205  

Carel Industries SpA(a)

     947        17,757  

Credito Emiliano SpA

     18,807        106,677  

Danieli & C. Officine Meccaniche SpA

     342        5,830  

Danieli & C. Officine Meccaniche SpA, RSP

     830        9,952  

Datalogic SpA(b)

     728        4,657  

De’ Longhi SpA

     4,771        70,436  

doValue SpA(a)

     4,164        22,110  

El.En. SpA

     1,076        12,249  

Emak SpA

     6,942        6,073  

ERG SpA

     7,217        199,802  

Esprinet SpA

     5,198        31,928  

Fila SpA

     1,268        8,720  

Gruppo MutuiOnline SpA

     1,070        21,048  

GVS SpA*(a)

     3,505        20,705  

Hera SpA

     122,031        261,331  

Interpump Group SpA

     1,609        52,679  

Iren SpA

     120,186        159,773  

Italgas SpA

     110,238        515,782  

Maire Tecnimont SpA(b)

     18,114        42,908  

MARR SpA

     1,681        15,924  

Piaggio & C. SpA

     33,383        67,893  

Pirelli & C. SpA(a)

     27,033        88,982  

Prysmian SpA

     8,326        241,597  

RAI Way SpA(a)

     21,424        98,098  

Reply SpA

     334        35,207  

SAES Getters SpA

     383        7,504  

Salcef Group SpA

     3,139        43,175  

Sanlorenzo SpA

     1,001        32,312  

Sesa SpA

     274        30,037  

 

See Notes to Financial Statements.

 

WisdomTree Trust      15  


Schedule of Investments (unaudited) (continued)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

September 30, 2022

 

 

 

Investments    Shares      Value  

SOL SpA

     2,863      $ 44,034  

Technogym SpA(a)

     7,708        48,478  

Tinexta SpA

     162        3,038  

Unieuro SpA(a)(b)

     4,678        47,020  

Unipol Gruppo SpA

     73,597        287,965  

Webuild SpA(b)

     44,615        54,852  

Zignago Vetro SpA

     2,746        29,753  
     

 

 

 
Total Italy

 

     4,442,342  
Netherlands – 8.1%

 

Aalberts NV

     4,056        134,184  

AMG Advanced Metallurgical Group NV

     389        8,872  

Arcadis NV

     3,577        117,741  

ASR Nederland NV

     13,106        508,051  

BE Semiconductor Industries NV(b)

     5,048        220,510  

Brunel International NV

     4,251        35,648  

Corbion NV

     1,695        42,609  

Eurocommercial Properties NV

     2,530        50,462  

Heijmans NV, CVA

     4,348        40,763  

Koninklijke Vopak NV

     7,691        140,895  

Ordina NV

     18,620        69,772  

PostNL NV(b)

     134,287        226,668  

SBM Offshore NV

     18,288        231,025  

Signify NV(a)

     11,092        289,369  

TKH Group NV, CVA

     1,765        57,751  

Van Lanschot Kempen NV

     1,395        27,059  

Wereldhave NV(b)

     3,009        34,636  
     

 

 

 
Total Netherlands

 

     2,236,015  
Portugal – 2.4%

 

Altri SGPS SA

     16,267        82,469  

Corticeira Amorim SGPS SA

     3,203        28,554  

CTT – Correios de Portugal SA

     4,488        11,915  

Navigator Co. SA

     55,204        188,525  

REN – Redes Energeticas Nacionais SGPS SA

     81,946        193,872  

Sonae SGPS SA

     186,366        150,532  
     

 

 

 
Total Portugal

 

     655,867  
Spain – 15.6%

 

Acciona SA

     3,623        640,998  

Acerinox SA

     30,560        245,432  

Aedas Homes SA(a)

     4,560        65,042  

Almirall SA

     5,385        52,016  

Applus Services SA

     5,657        31,783  

Audax Renovables SA*(b)

     12,850        10,511  

Bankinter SA

     63,897        360,932  

Cia de Distribucion Integral Logista Holdings SA

     23,848        435,714  

Cie Automotive SA

     5,231        109,050  

Ebro Foods SA(b)

     9,989        146,003  

Enagas SA

     41,478        643,641  

Faes Farma SA

     31,487        114,440  

Grupo Catalana Occidente SA

     2,557        64,252  

Grupo Empresarial San Jose SA

     2,658        9,010  

Inmobiliaria Colonial Socimi SA

     37,157        179,675  

Laboratorios Farmaceuticos Rovi SA

     916        39,663  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros

     86,221      81,257  

Mapfre SA

     343,349        534,815  

Neinor Homes SA(a)

     6,776        61,934  

Pharma Mar SA

     311        16,562  

Prosegur Cash SA(a)(b)

     63,043        39,218  

Prosegur Cia de Seguridad SA*

     37,246        56,666  

Sacyr SA(b)

     51,399        112,690  

Unicaja Banco SA(a)

     61,128        55,483  

Viscofan SA

     3,937        215,599  
     

 

 

 
Total Spain

 

     4,322,386  

TOTAL COMMON STOCKS

(Cost: $41,571,000)

 

 

     27,397,871  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.8%

 

United States – 2.8%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

     
(Cost: $768,272)      768,272        768,272  

TOTAL INVESTMENTS IN SECURITIES – 101.5%

(Cost: $42,339,272)

 

 

     28,166,143  

Other Assets less Liabilities – (1.5)%

 

     (399,672
     

 

 

 
NET ASSETS – 100.0%

 

   $ 27,766,471  
* 

Non-income producing security.

 

(a)

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b)

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $944,220. The Fund also had securities on loan having a total market value of $4,599 that were sold and pending settlement. The total market value of the collateral held by the Fund was $1,005,117. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $236,845.

 

(c)

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

See Notes to Financial Statements.

 

16   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

September 30, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and
Description of
Currency to
be Purchased

   

Amount and
Description of
Currency to
be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    10/5/2022       7,726,898       EUR       7,570,274       USD     $     $ (107

Bank of America NA

    10/5/2022       13,441,090       USD       13,341,231       EUR       370,471        

Bank of America NA

    11/3/2022       6,801,466       USD       6,928,444       EUR       47        

Citibank NA

    10/5/2022       457,221       EUR       441,394       USD       6,552        

Citibank NA

    10/5/2022       7,726,939       EUR       7,570,275       USD             (68

Citibank NA

    11/3/2022       6,801,467       USD       6,928,459       EUR       33        

HSBC Holdings PLC

    10/5/2022       12,219,370       EUR       12,288,996       USD             (317,482

JP Morgan Chase Bank NA

    10/5/2022       6,162,029       EUR       6,144,498       USD             (107,459

JP Morgan Chase Bank NA

    10/5/2022       4,542,526       EUR       4,608,374       USD             (157,988

JP Morgan Chase Bank NA

    10/5/2022       7,726,907       EUR       7,570,275       USD             (99

JP Morgan Chase Bank NA

    10/5/2022       13,441,090       USD       13,337,789       EUR       373,843        

JP Morgan Chase Bank NA

    11/3/2022       6,801,467       USD       6,928,452       EUR       40        

Morgan Stanley & Co. International

    10/4/2022       19,000       USD       19,400       EUR             (5

Morgan Stanley & Co. International

    10/5/2022       7,727,412       EUR       7,570,275       USD       395        

Morgan Stanley & Co. International

    10/5/2022       13,441,090       USD       13,337,723       EUR       373,908        

Morgan Stanley & Co. International

    11/3/2022       6,801,467       USD       6,928,889       EUR             (389

UBS AG

    10/5/2022       13,441,091       USD       13,337,710       EUR       373,921        
                                            $ 1,499,210     $ (583,597

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 27,397,871      $      $      $ 27,397,871  

Investment of Cash Collateral for Securities Loaned

            768,272               768,272  

Total Investments in Securities

   $ 27,397,871      $ 768,272      $      $ 28,166,143  

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ 1,499,210      $      $ 1,499,210  

Liabilities:

 

     

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (583,597    $      $ (583,597

Total – Net

   $ 27,397,871      $ 1,683,885      $      $ 29,081,756  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      17  


Schedule of Investments (unaudited)

WisdomTree Germany Hedged Equity Fund (DXGE)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.8%

 

Germany – 98.8%

 

Aerospace & Defense – 1.5%

 

Hensoldt AG

     707      $ 14,233  

Rheinmetall AG

     2,010        311,511  
     

 

 

 
Total Aerospace & Defense

 

     325,744  
Air Freight & Logistics – 4.3%

 

Deutsche Post AG, Registered Shares

     29,673        904,487  
Auto Components – 1.0%

 

Hella GmbH & Co. KGaA

     3,037        202,611  
Automobiles – 10.7%

 

Bayerische Motoren Werke AG

     9,950        682,229  

Mercedes-Benz Group AG

     19,177        983,486  

Volkswagen AG

     3,595        593,958  
     

 

 

 
Total Automobiles

 

     2,259,673  
Capital Markets – 3.7%

 

Deutsche Boerse AG

     3,401        560,573  

DWS Group GmbH & Co. KGaA(a)

     9,296        223,664  
     

 

 

 
Total Capital Markets

 

     784,237  
Chemicals – 8.7%

 

BASF SE

     26,063        1,011,091  

Covestro AG(a)

     4,945        143,103  

Evonik Industries AG

     16,627        280,979  

LANXESS AG

     2,818        83,013  

Symrise AG

     1,699        167,191  

Wacker Chemie AG

     1,407        146,314  
     

 

 

 
Total Chemicals

 

     1,831,691  
Commercial Services & Supplies – 0.7%

 

Bilfinger SE

     5,456        137,900  
Construction & Engineering – 1.0%

 

Hochtief AG

     4,220        201,993  
Construction Materials – 1.2%

 

HeidelbergCement AG

     6,247        249,997  
Diversified Financial Services – 0.0%

 

GRENKE AG

     261        4,781  
Diversified Telecommunication Services – 9.4%

 

Deutsche Telekom AG, Registered Shares

     100,930        1,729,540  

Vantage Towers AG

     10,108        262,807  
     

 

 

 
Total Diversified Telecommunication Services

 

     1,992,347  
Electrical Equipment – 0.2%

 

Varta AG(b)

     1,361        39,133  
Electronic Equipment, Instruments & Components – 0.0%

 

Jenoptik AG

     327        6,516  
Food Products – 0.1%

 

Suedzucker AG

     2,205        26,764  
Health Care Equipment & Supplies – 2.6%

 

Carl Zeiss Meditec AG, Bearer Shares

     186        19,579  

Eckert & Ziegler Strahlen – und Medizintechnik AG

     101        3,402  

Siemens Healthineers AG(a)

     12,001        520,590  
     

 

 

 
Total Health Care Equipment & Supplies

 

     543,571  
Health Care Providers & Services – 1.1%

 

Fresenius SE & Co. KGaA

     11,091      $ 238,493  
Health Care Technology – 0.0%

 

CompuGroup Medical SE & Co. KgaA

     274        9,545  
Household Products – 1.6%

 

Henkel AG & Co. KGaA

     5,963        340,568  
Independent Power & Renewable Electricity Producers – 2.8%

 

Encavis AG

     1,713        31,012  

RWE AG

     14,934        552,871  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     583,883  
Industrial Conglomerates – 5.5%

 

Siemens AG, Registered Shares

     11,687        1,158,656  
Insurance – 15.3%

 

Allianz SE, Registered Shares

     8,559        1,356,664  

Hannover Rueck SE

     4,172        630,230  

Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares

     4,111        996,767  

Talanx AG*

     6,912        246,477  
     

 

 

 
Total Insurance

 

     3,230,138  
IT Services – 0.2%

 

Bechtle AG

     623        22,661  

CANCOM SE

     356        8,496  
     

 

 

 
Total IT Services

 

     31,157  
Life Sciences Tools & Services – 0.1%

 

Gerresheimer AG

     354        17,444  
Machinery – 2.1%

 

Duerr AG

     403        8,464  

GEA Group AG

     6,381        208,413  

KION Group AG

     403        7,823  

Knorr-Bremse AG

     2,985        129,778  

NORMA Group SE

     434        5,880  

Traton SE

     5,005        60,015  

Wacker Neuson SE

     1,137        15,004  
     

 

 

 
Total Machinery

 

     435,377  
Marine – 2.1%

 

Hapag-Lloyd AG(a)

     2,630        450,111  
Media – 0.5%

 

ProSiebenSat.1 Media SE

     15,519        111,075  
Metals & Mining – 0.1%

 

Aurubis AG

     582        30,777  
Multi-Utilities – 4.6%

 

E.ON SE

     124,797        965,344  
Oil, Gas & Consumable Fuels – 0.1%

 

CropEnergies AG

     1,981        23,909  
Personal Products – 1.1%

 

Beiersdorf AG

     2,361        233,493  
Pharmaceuticals – 7.6%

 

Bayer AG, Registered Shares

     29,365        1,364,007  

Merck KGaA

     1,443        235,794  
     

 

 

 
Total Pharmaceuticals

 

     1,599,801  

 

See Notes to Financial Statements.

 

18   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Germany Hedged Equity Fund (DXGE)

September 30, 2022

 

 

 

Investments    Shares      Value  
Real Estate Management & Development – 0.0%

 

PATRIZIA SE

     894      $ 9,231  
Semiconductors & Semiconductor Equipment – 0.9%

 

AIXTRON SE

     454        11,088  

Infineon Technologies AG

     7,718        171,709  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     182,797  
Software – 5.1%

 

Nemetschek SE

     246        11,864  

SAP SE

     12,701        1,046,666  

Software AG

     1,104        25,438  
     

 

 

 
Total Software

 

     1,083,968  
Specialty Retail – 0.5%

 

Fielmann AG

     3,106        100,290  

Hornbach Holding AG & Co. KGaA

     211        13,312  
     

 

 

 
Total Specialty Retail

 

     113,602  
Textiles, Apparel & Luxury Goods – 1.1%

 

adidas AG

     1,837        213,938  

Puma SE

     166        7,801  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     221,739  
Thrifts & Mortgage Finance – 0.1%

 

Aareal Bank AG*

     633        20,476  
Trading Companies & Distributors – 1.1%

 

Brenntag SE

     3,866      236,253  
Transportation Infrastructure – 0.1%

 

Hamburger Hafen und Logistik AG

     1,250        13,666  

TOTAL COMMON STOCKS

(Cost: $27,849,094)

 

 

     20,852,948  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.1%

 

United States – 0.1%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

     
(Cost: $30,250)      30,250        30,250  

TOTAL INVESTMENTS IN SECURITIES – 98.9%

(Cost: $27,879,344)

 

 

     20,883,198  

Other Assets less Liabilities – 1.1%

 

     231,686  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 21,114,884  
* 

Non-income producing security.

 

(a) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $28,753 and the total market value of the collateral held by the Fund was $30,250.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and
Description of
Currency to
be Purchased

   

Amount and
Description of
Currency to
be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    10/5/2022       5,770,981       EUR       5,654,003       USD     $     $ (80

Bank of America NA

    10/5/2022       5,654,002       USD       5,611,996       EUR       155,839        

Bank of America NA

    11/3/2022       5,228,562       USD       5,326,175       EUR       36        

Citibank NA

    10/5/2022       5,771,009       EUR       5,654,002       USD             (51

Citibank NA

    10/5/2022       5,654,003       USD       5,610,533       EUR       157,274        

Citibank NA

    11/3/2022       5,228,562       USD       5,326,186       EUR       26        

HSBC Holdings PLC

    10/5/2022       5,770,980       EUR       5,654,002       USD             (80

HSBC Holdings PLC

    11/3/2022       5,228,562       USD       5,326,191       EUR       20        

JP Morgan Chase Bank NA

    10/5/2022       5,770,986       EUR       5,654,002       USD             (74

JP Morgan Chase Bank NA

    10/5/2022       5,654,002       USD       5,610,548       EUR       157,257        

JP Morgan Chase Bank NA

    11/3/2022       5,228,562       USD       5,326,180       EUR       31        

UBS AG

    10/5/2022       5,654,002       USD       5,610,515       EUR       157,290        
                                            $ 627,773     $ (285

 

See Notes to Financial Statements.

 

WisdomTree Trust      19  


Schedule of Investments (unaudited) (concluded)

WisdomTree Germany Hedged Equity Fund (DXGE)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 20,852,948      $      $      $ 20,852,948  

Investment of Cash Collateral for Securities Loaned

            30,250               30,250  

Total Investments in Securities

   $ 20,852,948      $ 30,250      $      $ 20,883,198  

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ 627,773      $      $ 627,773  

Liabilities:

 

     

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (285    $      $ (285

Total – Net

   $ 20,852,948      $ 657,738      $      $ 21,510,686  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

20   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.1%

 

Australia – 14.9%

 

ARB Corp. Ltd.(a)

     33,332      $ 595,134  

Aristocrat Leisure Ltd.

     92,832        1,964,874  

Beach Energy Ltd.

     1,083,939        1,034,924  

BHP Group Ltd.

     2,389,950        59,190,535  

carsales.com Ltd.

     160,781        1,944,467  

Cochlear Ltd.

     21,251        2,658,064  

Coles Group Ltd.

     1,263,632        13,348,589  

CSL Ltd.

     132,263        24,237,670  

Domino’s Pizza Enterprises Ltd.(a)

     26,588        880,722  

Eagers Automotive Ltd.(a)

     196,800        1,390,593  

Evolution Mining Ltd.

     1,870,313        2,465,161  

Netwealth Group Ltd.

     91,117        710,620  

OZ Minerals Ltd.(a)

     137,031        2,271,323  

Pro Medicus Ltd.(a)

     10,311        332,732  

REA Group Ltd.(a)

     31,204        2,304,191  

Rio Tinto Ltd.

     1,000,815        54,698,563  

Technology One Ltd.

     124,633        849,407  

WiseTech Global Ltd.

     18,188        608,087  
     

 

 

 
Total Australia

 

     171,485,656  
Belgium – 0.2%

 

Melexis NV

     27,404        1,879,243  
China – 1.1%

 

Beijing Tong Ren Tang Chinese Medicine Co. Ltd.(a)

     621,500        698,306  

BYD Electronic International Co. Ltd.(a)

     702,000        1,695,553  

China Nonferrous Mining Corp. Ltd.(a)

     3,787,500        1,447,470  

Lenovo Group Ltd.

     12,990,600        9,035,615  
     

 

 

 
Total China

 

     12,876,944  
Denmark – 8.5%

 

AP Moller – Maersk A/S, Class B

     4,156        7,592,055  

Coloplast A/S, Class B

     97,614        9,977,594  

DSV A/S

     18,354        2,166,719  

GN Store Nord A/S

     19,074        337,004  

H Lundbeck A/S

     361,243        1,157,278  

Novo Nordisk A/S, Class B

     710,250        71,250,524  

Royal Unibrew A/S

     26,666        1,738,759  

SimCorp A/S

     13,609        770,828  

Vestas Wind Systems A/S

     167,354        3,122,659  
     

 

 

 
Total Denmark

 

     98,113,420  
Finland – 2.7%

 

Kesko Oyj, Class A

     93,951        1,695,360  

Kesko Oyj, Class B

     212,658        3,988,485  

Neste Oyj

     351,640        15,432,885  

Nokian Renkaat Oyj

     114,052        1,106,137  

Orion Oyj, Class B

     125,528        5,297,697  

Tokmanni Group Corp.

     71,333        781,273  

Uponor Oyj

     51,791        683,935  

Valmet Oyj

     110,304        2,250,875  
     

 

 

 
Total Finland

 

     31,236,647  
France – 10.8%

 

Alten SA

     9,204      $ 1,025,198  

Arkema SA

     46,923        3,451,285  

BioMerieux

     19,092        1,522,463  

Bureau Veritas SA

     153,674        3,459,563  

Cie Generale des Etablissements Michelin SCA

     317,606        7,204,508  

Hermes International

     9,179        10,943,514  

Kering SA

     40,227        18,070,708  

La Francaise des Jeux SAEM(b)

     100,376        2,996,216  

LVMH Moet Hennessy Louis Vuitton SE

     110,673        66,180,041  

Sartorius Stedim Biotech

     3,767        1,170,207  

SEB SA(a)

     24,872        1,576,470  

Teleperformance

     10,060        2,571,242  

Trigano SA

     16,441        1,459,242  

Verallia SA(b)

     98,399        2,228,688  
     

 

 

 
Total France

 

     123,859,345  
Germany – 5.1%

 

adidas AG

     59,975        6,984,734  

Covestro AG(b)

     133,449        3,861,861  

CropEnergies AG

     79,412        958,446  

Dermapharm Holding SE

     18,244        666,295  

Deutsche Post AG, Registered Shares

     812,254        24,758,965  

Eckert & Ziegler Strahlen – und Medizintechnik AG

     227        7,646  

Fielmann AG

     51,610        1,666,449  

Hamburger Hafen und Logistik AG

     57,751        631,385  

Hapag-Lloyd AG(a)(b)

     81,412        13,933,241  

Instone Real Estate Group SE(b)

     17,057        142,201  

Knorr-Bremse AG

     72,319        3,144,203  

Nemetschek SE

     10,410        502,055  

Varta AG(a)

     22,085        635,004  

VERBIO Vereinigte BioEnergie AG

     5,915        350,575  
     

 

 

 
Total Germany

 

     58,243,060  
Hong Kong – 0.5%

 

Sun Hung Kai & Co. Ltd.

     1,362,000        491,020  

Techtronic Industries Co. Ltd.

     520,500        5,029,354  
     

 

 

 
Total Hong Kong

 

     5,520,374  
Ireland – 0.1%

 

Kingspan Group PLC

     22,622        1,026,970  
Israel – 0.8%

 

Altshuler Shaham Penn Ltd.

     130,820        283,666  

AudioCodes Ltd.

     14,808        321,134  

Delek Automotive Systems Ltd.

     250,657        3,400,769  

Hilan Ltd.

     11,456        615,144  

Matrix IT Ltd.

     26,431        601,135  

Maytronics Ltd.

     41,281        513,307  

One Software Technologies Ltd.

     38,357        582,302  

Strauss Group Ltd.

     112,976        2,692,393  
     

 

 

 
Total Israel

 

     9,009,850  
Italy – 1.5%

 

Amplifon SpA

     37,266        982,055  

Carel Industries SpA(b)

     12,625        236,725  

 

See Notes to Financial Statements.

 

WisdomTree Trust      21  


Schedule of Investments (unaudited) (continued)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2022

 

 

 

Investments    Shares      Value  

De’ Longhi SpA(a)

     69,455      $ 1,025,387  

DiaSorin SpA(a)

     9,197        1,034,329  

Ferrari NV

     22,115        4,153,172  

Gruppo MutuiOnline SpA

     16,872        331,895  

GVS SpA*(a)(b)

     65,915        389,379  

Moncler SpA

     58,424        2,426,194  

RAI Way SpA(b)

     267,718        1,225,849  

Recordati Industria Chimica e Farmaceutica SpA

     125,188        4,622,316  

Sesa SpA

     2,647        290,172  

Technogym SpA(a)(b)

     128,483        808,075  

Tinexta SpA(a)

     4,019        75,358  
     

 

 

 
Total Italy

 

     17,600,906  
Japan – 12.6%

 

Anritsu Corp.(a)

     127,900        1,395,241  

Asahi Holdings, Inc.(a)

     145,000        2,033,576  

Astellas Pharma, Inc.

     1,308,800        17,333,722  

BayCurrent Consulting, Inc.

     1,900        494,214  

Benefit One, Inc.

     22,900        321,639  

BML, Inc.

     40,600        914,408  

Capcom Co. Ltd.

     94,200        2,368,911  

Cosmos Pharmaceutical Corp.

     5,600        555,183  

Cybozu, Inc.

     7,400        76,687  

Daiwabo Holdings Co. Ltd.

     124,900        1,607,577  

Digital Arts, Inc.

     1,300        56,492  

Disco Corp.

     24,491        5,414,432  

DTS Corp.(a)

     70,300        1,668,317  

eGuarantee, Inc.

     19,500        336,126  

eRex Co. Ltd.

     12,000        231,138  

Fast Retailing Co. Ltd.

     18,581        9,847,307  

Fujimi, Inc.(a)

     17,100        714,740  

Future Corp.

     51,600        564,322  

Goldwin, Inc.

     12,900        682,676  

Haseko Corp.

     373,200        4,050,552  

Hoya Corp.

     57,300        5,494,656  

Infocom Corp.(a)

     55,200        726,491  

Infomart Corp.

     21,300        64,895  

IR Japan Holdings Ltd.(a)

     5,800        82,144  

Japan Lifeline Co. Ltd.

     130,300        870,497  

Japan Material Co. Ltd.

     56,300        718,798  

JCR Pharmaceuticals Co. Ltd.

     26,700        399,361  

Kakaku.com, Inc.

     66,391        1,129,259  

Kaken Pharmaceutical Co. Ltd.(a)

     62,000        1,634,115  

Kanematsu Electronics Ltd.

     59,200        1,629,846  

Keyence Corp.

     21,400        7,081,834  

KH Neochem Co. Ltd.

     39,000        710,242  

Kobe Bussan Co. Ltd.(a)

     44,300        1,069,664  

Koei Tecmo Holdings Co. Ltd.(a)

     161,000        2,641,715  

Lasertec Corp.(a)

     8,200        832,492  

M3, Inc.

     34,400        962,758  

Maruwa Unyu Kikan Co. Ltd.(a)

     34,200        342,839  

MCJ Co. Ltd.

     109,600        751,893  

Meitec Corp.

     68,500        1,085,626  

Milbon Co. Ltd.

     11,000        484,093  

MonotaRO Co. Ltd.(a)

     55,100      845,848  

Nihon M&A Center Holdings, Inc.

     42,100        483,694  

Nippon Shinyaku Co. Ltd.

     23,000        1,175,861  

Nissan Chemical Corp.

     69,068        3,077,748  

Nomura Research Institute Ltd.

     163,300        4,005,078  

NSD Co. Ltd.(a)

     76,900        1,307,478  

Olympus Corp.

     184,300        3,537,791  

Otsuka Corp.

     112,500        3,516,961  

Recruit Holdings Co. Ltd.

     131,800        3,788,869  

Seria Co. Ltd.

     45,600        796,413  

Shionogi & Co. Ltd.

     134,100        6,475,007  

Solasto Corp.

     69,600        414,970  

Sysmex Corp.

     31,236        1,676,336  

Systena Corp.

     139,800        389,232  

Taiyo Yuden Co. Ltd.

     43,700        1,124,616  

TechnoPro Holdings, Inc.

     49,800        1,061,405  

Toei Animation Co. Ltd.

     6,200        529,428  

Tokyo Electron Ltd.

     90,358        22,285,955  

Trend Micro, Inc.

     99,800        5,391,799  

UT Group Co. Ltd.

     17,000        279,761  

Wacom Co. Ltd.

     104,000        510,857  

West Holdings Corp.(a)

     11,000        316,522  

Workman Co. Ltd.(a)

     25,900        819,524  

ZOZO, Inc.

     95,800        1,915,404  
     

 

 

 
Total Japan

 

     145,107,035  
Netherlands – 3.9%

 

ASM International NV

     9,119        2,088,188  

ASML Holding NV

     48,793        20,726,102  

BE Semiconductor Industries NV

     53,693        2,345,449  

IMCD NV

     8,584        1,030,982  

Randstad NV(a)

     242,983        10,611,744  

Signify NV(b)

     108,568        2,832,330  

STMicroelectronics NV(a)

     158,043        4,993,164  
     

 

 

 
Total Netherlands

 

     44,627,959  
Norway – 0.9%

 

AF Gruppen ASA

     79,614        1,011,134  

Aker BP ASA(a)

     308,845        8,859,570  

TOMRA Systems ASA

     64,248        1,134,234  
     

 

 

 
Total Norway

 

     11,004,938  
Portugal – 0.6%

 

Altri SGPS SA(a)

     267,461        1,355,944  

Jeronimo Martins SGPS SA

     277,899        5,186,242  
     

 

 

 
Total Portugal

 

     6,542,186  
Singapore – 0.8%

 

Japfa Ltd.(a)

     1,635,400        632,551  

Sheng Siong Group Ltd.

     2,544,900        2,802,245  

Singapore Exchange Ltd.

     914,200        6,027,132  
     

 

 

 
Total Singapore

 

     9,461,928  
Spain – 3.6%

 

Cie Automotive SA

     77,147        1,608,279  

Faes Farma SA

     448,746        1,630,968  

Industria de Diseno Textil SA(a)

     1,836,527        38,285,980  

 

See Notes to Financial Statements.

 

22   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2022

 

 

 

Investments    Shares      Value  

Laboratorios Farmaceuticos Rovi SA

     10,954      $ 474,314  
     

 

 

 
Total Spain

 

     41,999,541  
Sweden – 5.5%

 

AddLife AB, Class B

     19,762        207,103  

Assa Abloy AB, Class B

     432,526        8,173,075  

Atlas Copco AB, Class A

     1,128,319        10,655,358  

Atlas Copco AB, Class B

     633,307        5,322,119  

Bilia AB, Class A

     113,664        1,307,943  

Epiroc AB, Class A

     226,086        3,262,687  

Epiroc AB, Class B

     147,097        1,868,950  

EQT AB

     155,141        3,062,978  

Evolution AB(b)

     24,328        1,944,048  

Hexpol AB

     222,633        1,843,656  

Husqvarna AB, Class B(a)

     343,789        1,923,793  

Indutrade AB

     73,164        1,202,533  

JM AB

     72,091        1,004,954  

Lagercrantz Group AB, Class B(a)

     73,242        644,477  

Lifco AB, Class B(a)

     60,451        850,862  

Mycronic AB

     39,764        483,725  

Nibe Industrier AB, Class B

     135,752        1,224,490  

Nolato AB, Class B

     110,359        505,677  

Nordnet AB publ

     71,343        813,879  

Paradox Interactive AB

     36,481        583,992  

Samhallsbyggnadsbolaget i Norden AB(a)

     771,793        846,034  

Sandvik AB(a)

     670,411        9,215,697  

SKF AB, Class B(a)

     360,431        4,879,906  

Thule Group AB(a)(b)

     49,703        1,001,002  
     

 

 

 
Total Sweden

 

     62,828,938  
Switzerland – 11.8%

 

Coca-Cola HBC AG

     234,139        4,950,333  

EMS-Chemie Holding AG, Registered Shares(a)

     12,412        7,925,773  

Kuehne + Nagel International AG, Registered Shares(a)

     49,105        10,077,938  

Logitech International SA, Registered Shares(a)

     56,214        2,624,367  

Partners Group Holding AG

     13,632        11,143,822  

Roche Holding AG

     204,762        67,290,088  

Roche Holding AG, Bearer Shares

     40,354        15,899,702  

Schindler Holding AG, Participation Certificate

     14,977        2,353,257  

Schindler Holding AG, Registered Shares

     31,592        4,814,630  

SFS Group AG

     14,379        1,244,695  

Sonova Holding AG, Registered Shares

     15,128        3,381,417  

Straumann Holding AG, Registered Shares

     13,629        1,271,717  

Temenos AG, Registered Shares

     15,587        1,068,008  

VAT Group AG(b)

     8,091        1,675,332  
     

 

 

 
Total Switzerland

 

     135,721,079  
United Kingdom – 13.2%

 

Alpha FX Group PLC

     10,451        198,330  

Anglo American PLC

     1,674,238        51,125,152  

Antofagasta PLC

     695,121        8,655,869  

Ashtead Group PLC

     59,807        2,727,917  

Auto Trader Group PLC(b)

     154,820        890,051  

Bellway PLC

     59,997        1,140,578  

Burberry Group PLC

     160,033      3,229,897  

Computacenter PLC

     48,382        1,043,990  

Croda International PLC

     32,170        2,314,846  

Diageo PLC

     908,295        38,503,961  

Dunelm Group PLC(a)

     102,344        834,000  

EMIS Group PLC

     32,355        682,628  

Ferrexpo PLC

     1,387,335        1,883,196  

Fresnillo PLC(a)

     369,366        3,171,589  

Games Workshop Group PLC

     9,763        631,564  

Hikma Pharmaceuticals PLC

     80,042        1,218,299  

Howden Joinery Group PLC

     167,323        943,626  

IMI PLC

     106,089        1,325,199  

Impax Asset Management Group PLC(a)

     44,067        258,258  

Intertek Group PLC

     63,079        2,610,286  

Kainos Group PLC

     32,705        469,865  

Polar Capital Holdings PLC

     142,707        661,110  

RELX PLC

     722,015        17,747,788  

Rightmove PLC

     189,068        1,017,714  

RS Group PLC

     130,270        1,409,123  

Softcat PLC

     57,979        770,191  

Spirax-Sarco Engineering PLC

     10,679        1,239,780  

Synthomer PLC(a)

     320,054        380,499  

Taylor Wimpey PLC

     3,521,192        3,470,812  

Victrex PLC

     45,439        847,083  
     

 

 

 
Total United Kingdom

 

     151,403,201  
TOTAL COMMON STOCKS
(Cost: $1,412,050,119)

 

     1,139,549,220  
EXCHANGE-TRADED FUND – 0.1%

 

United States – 0.1%

 

WisdomTree International Quality Dividend Growth Fund(c)

     
(Cost: $882,631)      30,722        808,296  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.9%

 

United States – 4.9%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(d)

 

  
(Cost: $56,733,329)      56,733,329        56,733,329  
TOTAL INVESTMENTS IN SECURITIES – 104.1%
(Cost: $1,469,666,079)

 

     1,197,090,845  

Other Assets less Liabilities – (4.1)%

 

     (47,683,607
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,149,407,238  
*

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $69,560,713 and the total market value of the collateral held by the Fund was $73,949,586. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $17,216,257.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

See Notes to Financial Statements.

 

WisdomTree Trust      23  


Schedule of Investments (unaudited) (continued)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2022

 

INVESTMENT IN AFFILIATES

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate    Value at
3/31/2022
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/
(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2022
     Dividend
Income
 

WisdomTree International Quality Dividend Growth Fund

   $ 1,121,046      $      $      $      $ (312,750    $ 808,296      $ 26,267  

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    10/5/2022       32,286,612       CHF       32,806,897       USD     $     $ (729

Bank of America NA

    10/5/2022       198,680,368       DKK       26,179,211       USD             (442

Bank of America NA

    10/5/2022       92,210,149       EUR       90,341,049       USD             (1,278

Bank of America NA

    10/5/2022       48,687,319       GBP       54,352,760       USD             (1,987

Bank of America NA

    10/5/2022       5,736,724,263       JPY       39,637,478       USD             (552

Bank of America NA

    10/5/2022       37,194,495       NOK       3,412,509       USD       665        

Bank of America NA

    10/5/2022       188,889,021       SEK       17,022,022       USD             (437

Bank of America NA

    10/5/2022       3,329,330       SGD       2,320,335       USD             (60

Bank of America NA

    10/5/2022       32,368,029       USD       31,515,649       CHF       345,230        

Bank of America NA

    10/5/2022       25,829,005       USD       190,687,537       DKK       703,397        

Bank of America NA

    10/5/2022       89,132,529       USD       88,470,329       EUR       2,456,720        

Bank of America NA

    10/5/2022       53,625,667       USD       46,057,973       GBP       2,210,092        

Bank of America NA

    10/5/2022       39,107,235       USD       5,408,585,350       JPY       1,737,529        

Bank of America NA

    10/5/2022       3,366,859       USD       33,396,204       NOK       302,237        

Bank of America NA

    10/5/2022       16,794,313       USD       178,328,582       SEK       724,373        

Bank of America NA

    10/5/2022       2,289,295       USD       3,193,429       SGD       63,732        

Bank of America NA

    10/6/2022       50,330,408       AUD       32,360,892       USD             (664

Bank of America NA

    10/6/2022       41,730,543       HKD       5,316,248       USD             (49

Bank of America NA

    10/6/2022       9,364,968       ILS       2,632,830       USD             (39

Bank of America NA

    10/6/2022       31,927,992       USD       46,552,781       AUD       1,996,611        

Bank of America NA

    10/6/2022       5,245,131       USD       41,142,981       HKD       3,783        

Bank of America NA

    10/6/2022       2,597,611       USD       8,630,820       ILS       171,213        

Bank of America NA

    11/3/2022       29,790,751       USD       46,320,859       AUD             (746

Bank of America NA

    11/3/2022       32,662,584       USD       32,065,381       CHF             (1,988

Bank of America NA

    11/3/2022       24,579,796       USD       186,171,971       DKK             (579

Bank of America NA

    11/3/2022       81,235,804       USD       82,752,407       EUR       565        

Bank of America NA

    11/3/2022       52,615,524       USD       47,103,307       GBP       87        

Bank of America NA

    11/3/2022       4,624,002       USD       36,280,488       HKD             (831

Bank of America NA

    11/3/2022       2,403,382       USD       8,530,797       ILS             (635

Bank of America NA

    11/3/2022       2,835,983       USD       30,901,912       NOK             (354

Bank of America NA

    11/3/2022       15,346,897       USD       170,091,716       SEK             (468

Bank of America NA

    11/3/2022       2,314,768       USD       3,320,532       SGD       14        

Bank of America NA

    11/4/2022       37,316,042       USD       5,385,760,904       JPY       491        

Citibank NA

    10/5/2022       529,015       CHF       534,229       USD       3,299        

Citibank NA

    10/5/2022       32,286,744       CHF       32,806,897       USD             (595

Citibank NA

    10/5/2022       3,283,888       DKK       426,304       USD       6,392        

Citibank NA

    10/5/2022       198,678,498       DKK       26,179,213       USD             (690

Citibank NA

    10/5/2022       1,523,867       EUR       1,471,118       USD       21,839        

Citibank NA

    10/5/2022       92,210,618       EUR       90,341,048       USD             (817

Citibank NA

    10/5/2022       820,099       GBP       885,083       USD       30,413        

Citibank NA

    10/5/2022       48,689,447       GBP       54,352,760       USD       389        

 

See Notes to Financial Statements.

 

24   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Citibank NA

    10/5/2022       93,113,334       JPY       645,459       USD     $     $ (2,108

Citibank NA

    10/5/2022       5,736,771,683       JPY       39,637,477       USD             (223

Citibank NA

    10/5/2022       595,926       NOK       55,569       USD             (883

Citibank NA

    10/5/2022       37,191,366       NOK       3,412,509       USD       378        

Citibank NA

    10/5/2022       3,125,620       SEK       277,187       USD       4,476        

Citibank NA

    10/5/2022       188,891,495       SEK       17,022,021       USD             (213

Citibank NA

    10/5/2022       54,198       SGD       37,784       USD             (13

Citibank NA

    10/5/2022       3,329,366       SGD       2,320,334       USD             (34

Citibank NA

    10/6/2022       811,626       AUD       526,966       USD             (5,126

Citibank NA

    10/6/2022       50,330,331       AUD       32,360,893       USD             (714

Citibank NA

    10/6/2022       679,409       HKD       86,570       USD             (18

Citibank NA

    10/6/2022       41,730,527       HKD       5,316,248       USD             (51

Citibank NA

    10/6/2022       150,619       ILS       42,873       USD             (529

Citibank NA

    10/6/2022       9,365,010       ILS       2,632,832       USD             (30

Citibank NA

    11/3/2022       29,790,751       USD       46,320,787       AUD             (700

Citibank NA

    11/3/2022       32,662,586       USD       32,064,207       CHF             (790

Citibank NA

    11/3/2022       24,579,797       USD       186,175,248       DKK             (1,011

Citibank NA

    11/3/2022       81,235,804       USD       82,752,576       EUR       400        

Citibank NA

    11/3/2022       52,615,523       USD       47,100,734       GBP       2,960        

Citibank NA

    11/3/2022       4,624,002       USD       36,274,926       HKD             (121

Citibank NA

    11/3/2022       2,403,381       USD       8,528,902       ILS             (102

Citibank NA

    11/3/2022       2,835,985       USD       30,899,872       NOK             (165

Citibank NA

    11/3/2022       15,346,898       USD       170,089,517       SEK             (269

Citibank NA

    11/3/2022       2,314,767       USD       3,320,603       SGD             (36

Citibank NA

    11/4/2022       37,316,043       USD       5,385,817,022       JPY       103        

HSBC Holdings PLC

    10/5/2022       624,464       USD       599,429       CHF       15,389        

HSBC Holdings PLC

    10/5/2022       498,309       USD       3,685,031       DKK       12,757        

HSBC Holdings PLC

    10/5/2022       1,719,599       USD       1,709,856       EUR       44,425        

HSBC Holdings PLC

    10/5/2022       1,034,579       USD       892,858       GBP       37,861        

HSBC Holdings PLC

    10/5/2022       754,480       USD       107,272,192       JPY       13,301        

HSBC Holdings PLC

    10/5/2022       64,955       USD       644,339       NOK       5,827        

HSBC Holdings PLC

    10/5/2022       324,006       USD       3,434,701       SEK       14,491        

HSBC Holdings PLC

    10/5/2022       44,166       USD       61,800       SGD       1,096        

HSBC Holdings PLC

    10/6/2022       615,974       USD       900,281       AUD       37,133        

HSBC Holdings PLC

    10/6/2022       101,192       USD       793,811       HKD       66        

HSBC Holdings PLC

    10/6/2022       50,115       USD       170,607       ILS       2,152        

JP Morgan Chase Bank NA

    10/5/2022       32,287,039       CHF       32,806,897       USD             (295

JP Morgan Chase Bank NA

    10/5/2022       198,681,692       DKK       26,179,213       USD             (269

JP Morgan Chase Bank NA

    10/5/2022       92,210,242       EUR       90,341,048       USD             (1,186

JP Morgan Chase Bank NA

    10/5/2022       48,688,749       GBP       54,352,760       USD             (390

JP Morgan Chase Bank NA

    10/5/2022       5,736,755,828       JPY       39,637,477       USD             (333

JP Morgan Chase Bank NA

    10/5/2022       37,185,718       NOK       3,412,509       USD             (140

JP Morgan Chase Bank NA

    10/5/2022       188,891,852       SEK       17,022,021       USD             (180

JP Morgan Chase Bank NA

    10/5/2022       3,329,366       SGD       2,320,334       USD             (34

JP Morgan Chase Bank NA

    10/5/2022       32,368,029       USD       31,506,845       CHF       354,176        

JP Morgan Chase Bank NA

    10/5/2022       416,309       USD       395,435       CHF       14,511        

JP Morgan Chase Bank NA

    10/5/2022       624,464       USD       601,763       CHF       13,018        

JP Morgan Chase Bank NA

    10/5/2022       624,464       USD       617,689       CHF             (3,165

JP Morgan Chase Bank NA

    10/5/2022       25,829,005       USD       190,633,632       DKK       710,500        

JP Morgan Chase Bank NA

    10/5/2022       332,206       USD       2,435,286       DKK       11,325        

 

See Notes to Financial Statements.

 

WisdomTree Trust      25  


Schedule of Investments (unaudited) (continued)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

JP Morgan Chase Bank NA

    10/5/2022       498,309       USD       3,697,729       DKK     $ 11,084     $  

JP Morgan Chase Bank NA

    10/5/2022       498,309       USD       3,850,368       DKK             (9,028

JP Morgan Chase Bank NA

    10/5/2022       89,132,529       USD       88,447,503       EUR       2,479,083        

JP Morgan Chase Bank NA

    10/5/2022       1,146,399       USD       1,130,018       EUR       39,302        

JP Morgan Chase Bank NA

    10/5/2022       1,719,599       USD       1,715,708       EUR       38,692        

JP Morgan Chase Bank NA

    10/5/2022       1,719,599       USD       1,786,539       EUR             (30,702

JP Morgan Chase Bank NA

    10/5/2022       53,625,667       USD       46,057,736       GBP       2,210,357        

JP Morgan Chase Bank NA

    10/5/2022       689,719       USD       588,958       GBP       32,252        

JP Morgan Chase Bank NA

    10/5/2022       1,034,579       USD       906,659       GBP       22,455        

JP Morgan Chase Bank NA

    10/5/2022       1,034,579       USD       960,030       GBP             (37,124

JP Morgan Chase Bank NA

    10/5/2022       39,107,235       USD       5,407,095,364       JPY       1,747,824        

JP Morgan Chase Bank NA

    10/5/2022       502,987       USD       71,480,387       JPY       9,105        

JP Morgan Chase Bank NA

    10/5/2022       754,480       USD       107,961,032       JPY       8,541        

JP Morgan Chase Bank NA

    10/5/2022       754,480       USD       109,139,078       JPY       402        

JP Morgan Chase Bank NA

    10/5/2022       3,366,859       USD       33,393,740       NOK       302,463        

JP Morgan Chase Bank NA

    10/5/2022       43,304       USD       425,695       NOK       4,240        

JP Morgan Chase Bank NA

    10/5/2022       64,955       USD       666,304       NOK       3,811        

JP Morgan Chase Bank NA

    10/5/2022       64,955       USD       699,056       NOK       806        

JP Morgan Chase Bank NA

    10/5/2022       16,794,313       USD       178,293,180       SEK       727,563        

JP Morgan Chase Bank NA

    10/5/2022       216,004       USD       2,261,418       SEK       12,218        

JP Morgan Chase Bank NA

    10/5/2022       324,006       USD       3,498,782       SEK       8,716        

JP Morgan Chase Bank NA

    10/5/2022       324,006       USD       3,667,687       SEK             (6,505

JP Morgan Chase Bank NA

    10/5/2022       2,289,295       USD       3,193,370       SGD       63,774        

JP Morgan Chase Bank NA

    10/5/2022       29,444       USD       41,077       SGD       817        

JP Morgan Chase Bank NA

    10/5/2022       44,166       USD       62,198       SGD       819        

JP Morgan Chase Bank NA

    10/5/2022       44,166       USD       63,486       SGD             (79

JP Morgan Chase Bank NA

    10/6/2022       50,330,957       AUD       32,360,893       USD             (311

JP Morgan Chase Bank NA

    10/6/2022       41,730,527       HKD       5,316,248       USD             (51

JP Morgan Chase Bank NA

    10/6/2022       9,365,026       ILS       2,632,832       USD             (25

JP Morgan Chase Bank NA

    10/6/2022       31,927,992       USD       46,548,980       AUD       1,999,055        

JP Morgan Chase Bank NA

    10/6/2022       410,649       USD       596,128       AUD       27,365        

JP Morgan Chase Bank NA

    10/6/2022       615,974       USD       918,839       AUD       25,201        

JP Morgan Chase Bank NA

    10/6/2022       615,974       USD       953,297       AUD       3,046        

JP Morgan Chase Bank NA

    10/6/2022       5,245,131       USD       41,139,052       HKD       4,284        

JP Morgan Chase Bank NA

    10/6/2022       67,461       USD       529,181       HKD       47        

JP Morgan Chase Bank NA

    10/6/2022       101,192       USD       794,104       HKD       28        

JP Morgan Chase Bank NA

    10/6/2022       101,192       USD       794,229       HKD       12        

JP Morgan Chase Bank NA

    10/6/2022       2,597,611       USD       8,627,910       ILS       172,031        

JP Morgan Chase Bank NA

    10/6/2022       33,410       USD       112,257       ILS       1,851        

JP Morgan Chase Bank NA

    10/6/2022       50,115       USD       172,430       ILS       1,639        

JP Morgan Chase Bank NA

    10/6/2022       50,115       USD       175,333       ILS       823        

JP Morgan Chase Bank NA

    11/3/2022       29,790,751       USD       46,321,075       AUD             (885

JP Morgan Chase Bank NA

    11/3/2022       32,662,586       USD       32,063,685       CHF             (258

JP Morgan Chase Bank NA

    11/3/2022       24,579,797       USD       186,173,601       DKK             (793

JP Morgan Chase Bank NA

    11/3/2022       81,235,804       USD       82,752,492       EUR       482        

JP Morgan Chase Bank NA

    11/3/2022       52,615,523       USD       47,101,366       GBP       2,253        

JP Morgan Chase Bank NA

    11/3/2022       4,624,002       USD       36,274,486       HKD             (65

JP Morgan Chase Bank NA

    11/3/2022       2,403,381       USD       8,529,397       ILS             (242

JP Morgan Chase Bank NA

    11/3/2022       2,835,985       USD       30,895,178       NOK       266        

JP Morgan Chase Bank NA

    11/3/2022       15,346,898       USD       170,086,064       SEK       43        

 

See Notes to Financial Statements.

 

26   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

JP Morgan Chase Bank NA

    11/3/2022       2,314,767       USD       3,320,547       SGD     $ 3     $  

JP Morgan Chase Bank NA

    11/4/2022       37,316,043       USD       5,385,798,364       JPY       233        

Morgan Stanley & Co. International

    10/5/2022       32,286,842       CHF       32,806,897       USD             (495

Morgan Stanley & Co. International

    10/5/2022       198,680,671       DKK       26,179,213       USD             (404

Morgan Stanley & Co. International

    10/5/2022       92,216,266       EUR       90,341,048       USD       4,716        

Morgan Stanley & Co. International

    10/5/2022       48,688,400       GBP       54,352,760       USD             (779

Morgan Stanley & Co. International

    10/5/2022       5,737,240,555       JPY       39,637,477       USD       3,017        

Morgan Stanley & Co. International

    10/5/2022       37,186,407       NOK       3,412,509       USD             (77

Morgan Stanley & Co. International

    10/5/2022       188,890,814       SEK       17,022,021       USD             (274

Morgan Stanley & Co. International

    10/5/2022       3,329,359       SGD       2,320,334       USD             (39

Morgan Stanley & Co. International

    10/5/2022       32,368,029       USD       31,506,295       CHF       354,735        

Morgan Stanley & Co. International

    10/5/2022       25,829,005       USD       190,630,377       DKK       710,928        

Morgan Stanley & Co. International

    10/5/2022       89,132,529       USD       88,447,064       EUR       2,479,513        

Morgan Stanley & Co. International

    10/5/2022       53,625,667       USD       46,057,815       GBP       2,210,269        

Morgan Stanley & Co. International

    10/5/2022       39,107,235       USD       5,407,125,829       JPY       1,747,613        

Morgan Stanley & Co. International

    10/5/2022       3,366,859       USD       33,393,821       NOK       302,456        

Morgan Stanley & Co. International

    10/5/2022       16,794,313       USD       178,292,609       SEK       727,615        

Morgan Stanley & Co. International

    10/5/2022       2,289,295       USD       3,193,447       SGD       63,720        

Morgan Stanley & Co. International

    10/6/2022       50,330,519       AUD       32,360,893       USD             (593

Morgan Stanley & Co. International

    10/6/2022       41,730,314       HKD       5,316,248       USD             (78

Morgan Stanley & Co. International

    10/6/2022       9,364,976       ILS       2,632,832       USD             (39

Morgan Stanley & Co. International

    10/6/2022       31,927,992       USD       46,549,319       AUD       1,998,836        

Morgan Stanley & Co. International

    10/6/2022       5,245,131       USD       41,138,779       HKD       4,319        

Morgan Stanley & Co. International

    10/6/2022       2,597,611       USD       8,627,773       ILS       172,069        

Morgan Stanley & Co. International

    11/3/2022       29,790,751       USD       46,320,211       AUD             (329

Morgan Stanley & Co. International

    11/3/2022       32,662,586       USD       32,064,305       CHF             (890

Morgan Stanley & Co. International

    11/3/2022       24,579,797       USD       186,174,412       DKK             (900

Morgan Stanley & Co. International

    11/3/2022       81,235,804       USD       82,757,718       EUR             (4,649

Morgan Stanley & Co. International

    11/3/2022       52,615,523       USD       47,101,493       GBP       2,112        

Morgan Stanley & Co. International

    11/3/2022       4,624,002       USD       36,278,398       HKD             (564

Morgan Stanley & Co. International

    11/3/2022       2,403,381       USD       8,529,832       ILS             (365

Morgan Stanley & Co. International

    11/3/2022       2,835,985       USD       30,901,139       NOK             (281

Morgan Stanley & Co. International

    11/3/2022       15,346,898       USD       170,099,094       SEK             (1,133

Morgan Stanley & Co. International

    11/3/2022       2,314,767       USD       3,320,885       SGD             (233

Morgan Stanley & Co. International

    11/4/2022       37,316,043       USD       5,386,247,239       JPY             (2,877

UBS AG

    10/5/2022       32,368,029       USD       31,506,101       CHF       354,932        

UBS AG

    10/5/2022       25,829,006       USD       190,631,650       DKK       710,762        

UBS AG

    10/5/2022       89,132,528       USD       88,446,975       EUR       2,479,599        

UBS AG

    10/5/2022       53,625,666       USD       46,056,984       GBP       2,211,196        

UBS AG

    10/5/2022       39,107,236       USD       5,407,091,592       JPY       1,747,851        

UBS AG

    10/5/2022       3,366,859       USD       33,393,615       NOK       302,474        

UBS AG

    10/5/2022       16,794,311       USD       178,290,992       SEK       727,759        

UBS AG

    10/5/2022       2,289,294       USD       3,193,403       SGD       63,750        

UBS AG

    10/6/2022       31,927,990       USD       46,548,841       AUD       1,999,142        

UBS AG

    10/6/2022       5,245,132       USD       41,138,210       HKD       4,392        

UBS AG

    10/6/2022       2,597,611       USD       8,627,193       ILS       172,232        
                                            $ 43,594,409     $ (134,135

 

See Notes to Financial Statements.

 

WisdomTree Trust      27  


Schedule of Investments (unaudited) (concluded)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

   $ 1,139,549,220      $      $      $ 1,139,549,220  

Exchange-Traded Fund

     808,296                      808,296  

Investment of Cash Collateral for Securities Loaned

            56,733,329               56,733,329  

Total Investments in Securities

   $ 1,140,357,516      $ 56,733,329      $      $ 1,197,090,845  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 43,594,409      $      $ 43,594,409  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (134,135    $      $ (134,135

Total – Net

   $ 1,140,357,516      $ 100,193,603      $      $ 1,240,551,119  
1

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

28   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 97.9%

 

Japan – 97.9%

 

Air Freight & Logistics – 0.4%

 

Hitachi Transport System Ltd.

     44,300      $ 2,650,441  

Mitsui-Soko Holdings Co. Ltd.

     33,100        703,185  

Nippon Express Holdings, Inc.

     78,500        3,991,571  
     

 

 

 
Total Air Freight & Logistics

 

     7,345,197  
Auto Components – 4.7%

 

Aisan Industry Co. Ltd.

     97,500        460,068  

Aisin Corp.(a)

     333,508        8,548,238  

Bridgestone Corp.

     617,585        19,921,271  

Daikyonishikawa Corp.(a)

     111,000        407,973  

Denso Corp.

     413,279        18,804,487  

Eagle Industry Co. Ltd.

     80,000        599,122  

Exedy Corp.

     73,800        837,194  

FCC Co. Ltd.

     56,900        519,292  

FuKoKu Co. Ltd.

     34,200        228,953  

Furukawa Battery Co. Ltd.

     15,000        116,377  

Futaba Industrial Co. Ltd.

     53,400        119,532  

G-Tekt Corp.

     37,000        323,362  

H-One Co. Ltd.

     45,100        177,290  

JTEKT Corp.

     168,578        1,066,824  

Koito Manufacturing Co. Ltd.

     83,802        1,141,136  

KYB Corp.

     31,600        675,685  

Musashi Seimitsu Industry Co. Ltd.(a)

     55,700        598,772  

NGK Spark Plug Co. Ltd.

     257,164        4,551,827  

NHK Spring Co. Ltd.

     213,000        1,252,292  

Nifco, Inc.

     49,890        1,035,749  

NOK Corp.(a)

     152,800        1,189,717  

Pacific Industrial Co. Ltd.

     60,800        427,610  

Press Kogyo Co. Ltd.

     214,300        583,331  

Riken Corp.

     12,200        192,509  

Sanoh Industrial Co. Ltd.(a)

     27,700        127,262  

Shoei Co. Ltd.

     14,000        505,855  

Stanley Electric Co. Ltd.

     95,207        1,489,161  

Sumitomo Electric Industries Ltd.

     642,983        6,503,348  

Sumitomo Riko Co. Ltd.

     60,600        235,710  

Sumitomo Rubber Industries Ltd.

     512,991        4,079,261  

Suncall Corp.

     62,200        281,038  

Tachi-S Co. Ltd.

     24,100        178,321  

Taiho Kogyo Co. Ltd.(a)

     20,300        94,526  

Tokai Rika Co. Ltd.

     95,714        909,893  

Topre Corp.(a)

     45,500        348,610  

Toyo Tire Corp.(a)

     114,100        1,237,604  

Toyoda Gosei Co. Ltd.

     109,300        1,649,939  

Toyota Boshoku Corp.

     256,836        3,144,242  

TPR Co. Ltd.

     40,594        333,457  

TS Tech Co. Ltd.

     134,964        1,323,112  

Yokohama Rubber Co. Ltd.

     252,700        3,868,757  

Yorozu Corp.

     20,500        113,303  
     

 

 

 
Total Auto Components

 

     90,202,010  
Automobiles – 8.7%

 

Honda Motor Co. Ltd.

     1,753,747        38,008,251  

Isuzu Motors Ltd.

     744,300      8,212,008  

Subaru Corp.

     575,567        8,616,903  

Suzuki Motor Corp.

     281,736        8,721,953  

Toyota Motor Corp.

     7,063,450        91,547,426  

Yamaha Motor Co. Ltd.

     545,000        10,192,511  
     

 

 

 
Total Automobiles

 

     165,299,052  
Banks – 9.2%

 

Mitsubishi UFJ Financial Group, Inc.

     16,721,622        75,264,339  

Mizuho Financial Group, Inc.

     3,793,664        40,952,019  

Sumitomo Mitsui Financial Group, Inc.

     2,132,400        59,282,031  
     

 

 

 
Total Banks

 

     175,498,389  
Beverages – 1.6%

 

Asahi Group Holdings Ltd.

     325,200        10,074,246  

Kirin Holdings Co. Ltd.

     908,745        13,981,658  

Suntory Beverage & Food Ltd.

     164,500        5,830,150  

Takara Holdings, Inc.

     97,200        709,803  
     

 

 

 
Total Beverages

 

     30,595,857  
Biotechnology – 0.0%

 

Takara Bio, Inc.

     25,200        296,143  
Building Products – 1.5%

 

AGC, Inc.

     255,647        7,930,188  

Central Glass Co. Ltd.

     52,200        1,199,109  

Daikin Industries Ltd.

     58,949        9,079,885  

Lixil Corp.

     245,100        3,588,151  

Nihon Flush Co. Ltd.(a)

     17,600        113,446  

Noritz Corp.

     55,700        592,615  

Okabe Co. Ltd.

     97,300        434,924  

Sanwa Holdings Corp.

     247,531        2,127,386  

TOTO Ltd.

     74,000        2,464,196  
     

 

 

 
Total Building Products

 

     27,529,900  
Capital Markets – 0.3%

 

Monex Group, Inc.(a)

     122,900        383,784  

SBI Holdings, Inc.

     295,900        5,306,963  

Sparx Group Co. Ltd.(a)

     65,800        606,427  
     

 

 

 
Total Capital Markets

 

     6,297,174  
Chemicals – 5.9%

 

ADEKA Corp.

     106,400        1,588,521  

Aica Kogyo Co. Ltd.

     63,600        1,375,301  

Arakawa Chemical Industries Ltd.(a)

     38,700        262,287  

Asahi Kasei Corp.

     1,200,822        7,926,943  

Chugoku Marine Paints Ltd.(a)

     83,600        513,458  

Daicel Corp.

     354,542        2,084,461  

Denka Co. Ltd.

     92,915        2,038,102  

DIC Corp.

     99,853        1,660,480  

Fujimi, Inc.

     30,700        1,283,188  

Fuso Chemical Co. Ltd.

     12,600        270,724  

Ishihara Sangyo Kaisha Ltd.

     35,200        247,807  

JCU Corp.

     10,000        201,803  

JSP Corp.

     28,000        269,854  

JSR Corp.(a)

     99,900        1,897,993  

Kaneka Corp.

     78,300        1,952,834  

 

See Notes to Financial Statements.

 

WisdomTree Trust      29  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2022

 

 

 

Investments    Shares      Value  

Kansai Paint Co. Ltd.(a)

     96,900      $ 1,370,371  

KH Neochem Co. Ltd.

     23,200        422,503  

Kumiai Chemical Industry Co. Ltd.(a)

     71,600        503,567  

Kuraray Co. Ltd.

     402,937        2,814,393  

Kureha Corp.

     13,900        852,755  

Kyowa Leather Cloth Co. Ltd.

     42,900        150,859  

Lintec Corp.

     106,747        1,637,950  

MEC Co. Ltd.

     5,000        77,101  

Mitsubishi Chemical Group Corp.

     1,163,863        5,319,781  

Mitsubishi Gas Chemical Co., Inc.

     198,382        2,598,586  

Mitsui Chemicals, Inc.

     190,915        3,718,190  

Nihon Nohyaku Co. Ltd.

     121,800        711,892  

Nihon Parkerizing Co. Ltd.

     116,100        746,755  

Nippon Kayaku Co. Ltd.

     222,200        1,777,661  

Nippon Pillar Packing Co. Ltd.(a)

     26,300        415,545  

Nippon Sanso Holdings Corp.

     163,353        2,574,239  

Nippon Shokubai Co. Ltd.

     29,800        1,111,748  

Nippon Soda Co. Ltd.

     33,400        1,016,457  

Nissan Chemical Corp.

     69,653        3,103,816  

Nitto Denko Corp.

     117,774        6,371,000  

NOF Corp.(a)

     57,200        2,062,828  

Osaka Soda Co. Ltd.

     26,500        695,706  

Riken Technos Corp.

     86,000        298,262  

Sanyo Chemical Industries Ltd.(a)

     21,700        656,644  

Shin-Etsu Chemical Co. Ltd.

     188,279        18,639,940  

Showa Denko KK

     120,700        1,712,790  

Sumitomo Bakelite Co. Ltd.

     40,300        1,103,938  

Sumitomo Chemical Co. Ltd.

     1,670,685        5,736,505  

Sumitomo Seika Chemicals Co. Ltd.

     17,600        364,293  

T Hasegawa Co. Ltd.(a)

     33,400        692,252  

Taiyo Holdings Co. Ltd.

     47,052        781,139  

Teijin Ltd.

     206,900        2,004,033  

Tokai Carbon Co. Ltd.

     138,300        935,409  

Tokuyama Corp.

     69,400        834,747  

Tokyo Ohka Kogyo Co. Ltd.

     25,400        1,059,905  

Toray Industries, Inc.

     889,118        4,372,339  

Tosoh Corp.

     326,107        3,627,291  

Toyo Ink SC Holdings Co. Ltd.

     111,100        1,458,358  

Toyobo Co. Ltd.

     69,451        496,610  

UBE Corp.

     141,400        1,887,352  

Zeon Corp.

     172,300        1,521,292  
     

 

 

 
Total Chemicals

 

     111,810,558  
Commercial Services & Supplies – 0.1%

 

Pilot Corp.

     21,100        800,297  

Sato Holdings Corp.

     33,500        416,132  
     

 

 

 
Total Commercial Services & Supplies

 

     1,216,429  
Communications Equipment – 0.0%

 

Uniden Holdings Corp.

     19,900        562,306  
Construction & Engineering – 0.4%

 

Kajima Corp.

     630,500        5,980,700  

Penta-Ocean Construction Co. Ltd.

     261,300        1,312,412  

Taikisha Ltd.

     39,800        885,392  
     

 

 

 
Total Construction & Engineering

 

     8,178,504  
Construction Materials – 0.1%

 

Krosaki Harima Corp.

     15,300      489,406  

Taiheiyo Cement Corp.(a)

     104,300        1,468,537  
     

 

 

 
Total Construction Materials

 

     1,957,943  
Consumer Finance – 0.2%

 

Acom Co. Ltd.(a)

     795,800        1,709,861  

AEON Financial Service Co. Ltd.

     149,800        1,482,010  
     

 

 

 
Total Consumer Finance

 

     3,191,871  
Containers & Packaging – 0.2%

 

Toyo Seikan Group Holdings Ltd.

     280,200        3,376,067  
Diversified Financial Services – 0.5%

 

Mitsubishi HC Capital, Inc.

     2,000,090        8,594,811  
Electrical Equipment – 1.5%

 

Daihen Corp.

     25,600        657,045  

Fuji Electric Co. Ltd.

     73,473        2,685,220  

Furukawa Electric Co. Ltd.

     42,081        666,633  

GS Yuasa Corp.

     70,484        1,099,540  

Idec Corp.

     25,000        508,480  

Mabuchi Motor Co. Ltd.

     15,200        412,698  

Mitsubishi Electric Corp.

     1,621,014        14,609,228  

Nidec Corp.

     84,716        4,758,307  

Nippon Carbon Co. Ltd.

     23,300        639,062  

Nissin Electric Co. Ltd.

     129,400        1,187,213  

Sanyo Denki Co. Ltd.

     8,200        279,574  

Sinfonia Technology Co. Ltd.

     38,300        355,098  

Tatsuta Electric Wire and Cable Co. Ltd.(a)

     104,700        315,377  
     

 

 

 
Total Electrical Equipment

 

     28,173,475  
Electronic Equipment, Instruments & Components – 3.4%

 

A&D HOLON Holdings Co. Ltd.

     15,400        86,818  

Ai Holdings Corp.

     39,700        566,105  

Amano Corp.

     70,933        1,190,833  

Anritsu Corp.(a)

     78,100        851,980  

Canon Electronics, Inc.

     35,900        393,115  

Citizen Watch Co. Ltd.(a)

     190,200        793,677  

Dexerials Corp.(a)

     72,400        1,625,617  

Elematec Corp.

     53,700        464,860  

Furuno Electric Co. Ltd.

     68,700        521,141  

Hakuto Co. Ltd.

     34,319        756,348  

Hamamatsu Photonics KK

     38,300        1,640,540  

Hioki EE Corp.(a)

     12,900        559,688  

Hirose Electric Co. Ltd.

     17,460        2,289,480  

Horiba Ltd.

     20,300        786,784  

Ibiden Co. Ltd.(a)

     25,501        697,668  

Innotech Corp.

     17,900        155,572  

Iriso Electronics Co. Ltd.(a)

     5,000        136,965  

Japan Aviation Electronics Industry Ltd.(a)

     59,600        872,928  

Kaga Electronics Co. Ltd.

     25,600        714,526  

Keyence Corp.

     22,240        7,359,812  

Macnica Holdings, Inc.

     65,400        1,226,264  

Meiko Electronics Co. Ltd.(a)

     10,800        186,236  

Murata Manufacturing Co. Ltd.

     431,168        19,755,475  

Nichicon Corp.(a)

     63,200        606,042  

 

See Notes to Financial Statements.

 

30   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2022

 

 

 

Investments    Shares      Value  

Nippon Electric Glass Co. Ltd.

     104,760      $ 1,804,323  

Nissha Co. Ltd.

     41,100        485,267  

Omron Corp.

     51,900        2,372,244  

Optex Group Co. Ltd.

     33,400        489,884  

Osaki Electric Co. Ltd.

     113,600        392,414  

Restar Holdings Corp.

     26,000        346,858  

Ryosan Co. Ltd.

     13,445        207,975  

Sanshin Electronics Co. Ltd.(a)

     35,954        416,559  

Shimadzu Corp.

     103,800        2,721,483  

Siix Corp.(a)

     46,000        345,131  

Taiyo Yuden Co. Ltd.

     57,800        1,487,478  

TDK Corp.

     175,304        5,395,553  

Tokyo Electron Device Ltd.(a)

     16,000        585,858  

Topcon Corp.

     37,200        414,547  

V Technology Co. Ltd.

     20,200        356,984  

Yokogawa Electric Corp.

     123,838        1,946,398  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     64,007,430  
Energy Equipment & Services – 0.0%

 

Modec, Inc.*

     42,800        437,329  
Entertainment – 3.7%

 

Capcom Co. Ltd.

     96,000        2,414,177  

Koei Tecmo Holdings Co. Ltd.(a)

     168,444        2,763,857  

Konami Group Corp.(a)

     59,200        2,732,087  

Marvelous, Inc.

     110,300        507,512  

Nintendo Co. Ltd.

     1,482,700        59,965,635  

Square Enix Holdings Co. Ltd.

     38,900        1,674,303  

Toei Animation Co. Ltd.(a)

     5,700        486,732  
     

 

 

 
Total Entertainment

 

     70,544,303  
Food & Staples Retailing – 1.2%

 

Cosmos Pharmaceutical Corp.

     5,600        555,183  

Seven & I Holdings Co. Ltd.

     554,524        22,243,023  
     

 

 

 
Total Food & Staples Retailing

 

     22,798,206  
Food Products – 1.4%

 

Ajinomoto Co., Inc.

     365,013        9,991,236  

Ariake Japan Co. Ltd.(a)

     11,500        398,839  

Fuji Oil Holdings, Inc.(a)

     47,100        782,912  

Kagome Co. Ltd.

     47,400        987,330  

Kikkoman Corp.

     29,700        1,682,545  

Nippon Suisan Kaisha Ltd.

     156,800        590,390  

Nisshin Seifun Group, Inc.(a)

     209,200        2,121,701  

Nissin Foods Holdings Co. Ltd.(a)

     44,000        3,061,108  

Riken Vitamin Co. Ltd.

     43,200        524,387  

Sakata Seed Corp.

     27,100        900,556  

Toyo Suisan Kaisha Ltd.

     68,100        2,804,076  

Yakult Honsha Co. Ltd.

     51,987        3,020,558  
     

 

 

 
Total Food Products

 

     26,865,638  
Health Care Equipment & Supplies – 1.1%

 

Hoya Corp.

     87,557        8,396,084  

Jeol Ltd.

     5,100        167,540  

Mani, Inc.

     27,800        337,645  

Nakanishi, Inc.

     48,700        888,574  

Nihon Kohden Corp.

     27,600        587,295  

Nipro Corp.(a)

     157,700      1,185,378  

Olympus Corp.

     187,900        3,606,896  

Sysmex Corp.

     33,160        1,779,591  

Terumo Corp.

     136,112        3,831,015  
     

 

 

 
Total Health Care Equipment & Supplies

 

     20,780,018  
Health Care Technology – 0.1%

 

M3, Inc.

     34,600        968,355  
Household Durables – 1.9%

 

Casio Computer Co. Ltd.(a)

     211,357        1,852,997  

Fujitsu General Ltd.(a)

     42,800        888,556  

JVCKenwood Corp.

     131,400        178,837  

Nikon Corp.

     232,600        2,196,720  

Panasonic Holdings Corp.(a)

     1,211,070        8,488,241  

Rinnai Corp.

     18,500        1,327,956  

Sekisui Chemical Co. Ltd.

     387,100        4,728,266  

Sharp Corp.(a)

     392,900        2,342,552  

Sony Group Corp.

     170,600        10,944,707  

Sumitomo Forestry Co. Ltd.

     179,200        2,729,877  

Toa Corp.

     45,400        239,632  

Zojirushi Corp.(a)

     48,800        525,608  
     

 

 

 
Total Household Durables

 

     36,443,949  
Household Products – 0.3%

 

Pigeon Corp.

     106,100        1,549,590  

Unicharm Corp.

     147,200        4,830,564  
     

 

 

 
Total Household Products

 

     6,380,154  
Industrial Conglomerates – 1.7%

 

Hitachi Ltd.

     476,605        20,131,700  

Nisshinbo Holdings, Inc.

     189,524        1,374,833  

Toshiba Corp.

     302,200        10,748,044  
     

 

 

 
Total Industrial Conglomerates

 

     32,254,577  
Insurance – 5.2%

 

Dai-ichi Life Holdings, Inc.

     854,600        13,532,372  

MS&AD Insurance Group Holdings, Inc.

     776,800        20,586,582  

Sompo Holdings, Inc.

     669,600        26,655,395  

Tokio Marine Holdings, Inc.(a)

     2,187,900        38,771,381  
     

 

 

 
Total Insurance

 

     99,545,730  
Internet & Direct Marketing Retail – 0.0%

 

Aucnet, Inc.(a)

     12,200        188,042  
IT Services – 0.8%

 

Fujitsu Ltd.

     60,232        6,568,532  

GMO GlobalSign Holdings KK(a)

     3,300        100,770  

NEC Corp.

     129,700        4,144,271  

NTT Data Corp.

     350,200        4,514,651  
     

 

 

 
Total IT Services

 

     15,328,224  
Leisure Products – 0.9%

 

Bandai Namco Holdings, Inc.

     86,700        5,650,220  

GLOBERIDE, Inc.

     19,900        296,689  

Mizuno Corp.

     22,000        391,074  

Roland Corp.

     32,300        990,791  

Sega Sammy Holdings, Inc.

     190,900        2,596,857  

Shimano, Inc.

     27,800        4,367,488  

 

See Notes to Financial Statements.

 

WisdomTree Trust      31  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2022

 

 

 

Investments    Shares      Value  

Yamaha Corp.

     53,407      $ 1,896,521  
     

 

 

 
Total Leisure Products

 

     16,189,640  
Machinery – 5.0%

 

Amada Co. Ltd.

     314,393        2,130,778  

Anest Iwata Corp.

     50,600        298,891  

Bando Chemical Industries Ltd.

     68,500        485,550  

CKD Corp.

     27,800        329,962  

Daifuku Co. Ltd.

     30,000        1,411,448  

DMG Mori Co. Ltd.

     36,700        418,356  

Ebara Corp.

     75,531        2,470,823  

FANUC Corp.

     108,589        15,199,234  

Fujitec Co. Ltd.(a)

     65,200        1,314,856  

Glory Ltd.

     61,400        900,564  

Hitachi Zosen Corp.

     77,400        458,267  

Hokuetsu Industries Co. Ltd.

     42,700        283,792  

Hoshizaki Corp.

     56,238        1,567,725  

IHI Corp.

     53,700        1,150,092  

Iwaki Co. Ltd.

     22,900        200,135  

Japan Steel Works Ltd.

     32,200        633,122  

Kawasaki Heavy Industries Ltd.(a)

     43,700        660,278  

Kito Corp.

     24,600        461,935  

Komatsu Ltd.

     586,506        10,579,759  

Kubota Corp.

     592,302        8,200,444  

Kurita Water Industries Ltd.(a)

     49,400        1,761,056  

Makita Corp.(a)

     104,338        2,017,631  

Meidensha Corp.(a)

     33,800        460,256  

MINEBEA MITSUMI, Inc.

     127,901        1,890,084  

MISUMI Group, Inc.

     70,500        1,519,638  

Mitsubishi Heavy Industries Ltd.

     407,119        13,517,661  

Mitsubishi Logisnext Co. Ltd.

     13,400        68,322  

Mitsuboshi Belting Ltd.(a)

     31,500        655,049  

Miura Co. Ltd.

     41,400        842,616  

Nabtesco Corp.

     72,200        1,473,978  

NGK Insulators Ltd.

     262,175        3,260,320  

Nissei ASB Machine Co. Ltd.

     10,500        259,698  

Nissei Plastic Industrial Co. Ltd.

     15,800        97,041  

Nitta Corp.

     27,600        530,091  

Nomura Micro Science Co. Ltd.(a)

     4,600        106,622  

Noritake Co. Ltd.

     13,600        377,243  

Obara Group, Inc.(a)

     18,700        414,709  

Organo Corp.

     26,400        374,081  

OSG Corp.

     35,624        439,562  

Sansei Technologies, Inc.

     25,800        134,753  

Shibaura Machine Co. Ltd.

     24,100        479,519  

SMC Corp.

     17,951        7,220,334  

Sodick Co. Ltd.

     85,400        447,222  

Star Micronics Co. Ltd.

     48,600        546,958  

Sumitomo Heavy Industries Ltd.(a)

     114,037        2,105,917  

Takeuchi Manufacturing Co. Ltd.

     29,200        536,814  

Teikoku Electric Manufacturing Co. Ltd.

     22,000        279,056  

Tocalo Co. Ltd.(a)

     88,200        713,546  

Torishima Pump Manufacturing Co. Ltd.

     38,200        352,059  

Tsubaki Nakashima Co. Ltd.

     44,000        342,893  

Tsubakimoto Chain Co.

     33,600        709,164  

Tsugami Corp.(a)

     57,200      462,358  

YAMABIKO Corp.

     50,300        383,996  

Yaskawa Electric Corp.

     62,400        1,795,544  

Yushin Precision Equipment Co. Ltd.

     43,100        209,924  
     

 

 

 
Total Machinery

 

     95,941,726  
Marine – 2.0%

 

Iino Kaiun Kaisha Ltd.

     175,000        787,074  

Mitsui OSK Lines Ltd.(a)

     1,042,700        18,744,035  

Nippon Yusen KK(a)

     1,091,600        18,604,976  

NS United Kaiun Kaisha Ltd.

     28,800        751,114  
     

 

 

 
Total Marine

 

     38,887,199  
Media – 0.2%

 

Dentsu Group, Inc.

     159,600        4,531,804  
Metals & Mining – 2.2%

 

Asahi Holdings, Inc.

     107,800        1,511,859  

Daido Steel Co. Ltd.(a)

     30,900        751,446  

Daiki Aluminium Industry Co. Ltd.(a)

     46,400        377,945  

Dowa Holdings Co. Ltd.

     38,500        1,380,462  

JFE Holdings, Inc.(a)

     717,000        6,642,696  

Kobe Steel Ltd.

     329,100        1,318,719  

Kyoei Steel Ltd.

     57,600        551,944  

Maruichi Steel Tube Ltd.

     102,900        2,103,569  

Mitsubishi Materials Corp.

     134,500        1,848,219  

Mitsui Mining & Smelting Co. Ltd.

     46,000        966,113  

Neturen Co. Ltd.

     41,000        181,851  

Nippon Steel Corp.

     905,200        12,548,163  

Nippon Yakin Kogyo Co. Ltd.(a)

     21,110        380,941  

Nittetsu Mining Co. Ltd.(a)

     13,400        254,400  

Sanyo Special Steel Co. Ltd.

     42,600        550,361  

Sumitomo Metal Mining Co. Ltd.

     332,300        9,550,368  
     

 

 

 
Total Metals & Mining

 

     40,919,056  
Multiline Retail – 0.1%

 

Ryohin Keikaku Co. Ltd.

     153,600        1,282,963  
Oil, Gas & Consumable Fuels – 2.5%

 

ENEOS Holdings, Inc.

     6,938,800        22,296,010  

Idemitsu Kosan Co. Ltd.(a)

     495,600        10,734,091  

Inpex Corp.

     1,436,400        13,486,252  

Nippon Coke & Engineering Co. Ltd.(a)

     217,900        136,992  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     46,653,345  
Paper & Forest Products – 0.3%

 

Daiken Corp.

     28,800        362,922  

Hokuetsu Corp.(a)

     128,900        672,351  

Nippon Paper Industries Co. Ltd.

     112,600        732,023  

Oji Holdings Corp.

     798,900        2,969,417  
     

 

 

 
Total Paper & Forest Products

 

     4,736,713  
Personal Products – 0.9%

 

Kao Corp.

     321,180        13,087,289  

Rohto Pharmaceutical Co. Ltd.

     34,300        1,098,349  

Shiseido Co. Ltd.

     64,822        2,264,258  
     

 

 

 
Total Personal Products

 

     16,449,896  

 

See Notes to Financial Statements.

 

32   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2022

 

 

 

Investments    Shares      Value  
Pharmaceuticals – 7.4%

 

Astellas Pharma, Inc.

     1,320,504      $ 17,488,730  

Chugai Pharmaceutical Co. Ltd.

     719,200        18,016,644  

Kyowa Kirin Co. Ltd.

     198,970        4,556,880  

Nippon Shinyaku Co. Ltd.

     25,800        1,319,009  

Ono Pharmaceutical Co. Ltd.

     363,900        8,500,093  

Otsuka Holdings Co. Ltd.

     365,100        11,562,530  

Shionogi & Co. Ltd.

     140,177        6,768,435  

Sumitomo Pharma Co. Ltd.

     177,600        1,265,022  

Takeda Pharmaceutical Co. Ltd.

     2,713,763        70,625,895  

Towa Pharmaceutical Co. Ltd.

     33,500        491,350  
     

 

 

 
Total Pharmaceuticals

 

     140,594,588  
Professional Services – 0.3%

 

Outsourcing, Inc.

     20,000        151,577  

Persol Holdings Co. Ltd.

     69,500        1,284,414  

Recruit Holdings Co. Ltd.

     148,200        4,260,321  
     

 

 

 
Total Professional Services

 

     5,696,312  
Road & Rail – 0.0%

 

Alps Logistics Co. Ltd.

     51,000        364,676  
Semiconductors & Semiconductor Equipment – 3.0%

 

Advantest Corp.(a)

     116,400        5,387,958  

Disco Corp.

     25,500        5,637,501  

Ferrotec Holdings Corp.(a)

     15,500        253,256  

Furuya Metal Co. Ltd.

     2,300        123,465  

Lasertec Corp.

     13,300        1,350,261  

Micronics Japan Co. Ltd.

     25,900        211,681  

Mitsui High-Tec, Inc.(a)

     5,700        268,175  

Optorun Co. Ltd.

     33,700        487,066  

Rohm Co. Ltd.

     47,400        3,097,889  

SCREEN Holdings Co. Ltd.

     13,160        716,438  

Shibaura Mechatronics Corp.

     5,100        329,441  

Shinko Electric Industries Co. Ltd.(a)

     56,059        1,206,424  

SUMCO Corp.

     103,300        1,204,673  

Tokyo Electron Ltd.

     136,853        33,753,512  

Tokyo Seimitsu Co. Ltd.

     36,900        1,086,006  

Ulvac, Inc.

     22,600        800,981  

Yamaichi Electronics Co. Ltd.

     33,400        412,582  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     56,327,309  
Software – 0.3%

 

Cybernet Systems Co. Ltd.

     65,100        406,580  

Trend Micro, Inc.

     102,808        5,554,310  
     

 

 

 
Total Software

 

     5,960,890  
Specialty Retail – 0.8%

 

ABC-Mart, Inc.

     78,200        3,365,823  

Fast Retailing Co. Ltd.

     21,000        11,129,296  

IDOM, Inc.

     34,500        207,126  

VT Holdings Co. Ltd.

     166,000        545,898  
     

 

 

 
Total Specialty Retail

 

     15,248,143  
Technology Hardware, Storage & Peripherals – 2.8%

 

Brother Industries Ltd.

     225,843        3,886,662  

Canon, Inc.

     1,258,497        27,579,208  

Eizo Corp.

     24,800        621,949  

FUJIFILM Holdings Corp.

     273,295        12,478,542  

Konica Minolta, Inc.(a)

     751,900        2,316,815  

MCJ Co. Ltd.

     96,300      660,651  

Riso Kagaku Corp.

     27,400        442,580  

Roland DG Corp.

     15,500        318,470  

Seiko Epson Corp.

     364,700        4,963,619  

Toshiba TEC Corp.

     15,200        392,746  

Wacom Co. Ltd.

     89,000        437,176  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     54,098,418  
Textiles, Apparel & Luxury Goods – 0.2%

 

Asics Corp.

     66,492        1,056,559  

Kurabo Industries Ltd.

     26,347        359,132  

Onward Holdings Co. Ltd.

     354,300        714,744  

Seiko Holdings Corp.

     27,700        576,984  

Seiren Co. Ltd.(a)

     33,510        487,098  

Wacoal Holdings Corp.(a)

     29,700        440,129  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     3,634,646  
Tobacco – 4.9%

 

Japan Tobacco, Inc.

     5,731,731        94,007,595  
Trading Companies & Distributors – 8.0%

 

Alconix Corp.

     15,800        143,651  

Chori Co. Ltd.

     22,700        300,952  

Hanwa Co. Ltd.

     30,000        711,942  

Inabata & Co. Ltd.

     122,986        1,983,138  

ITOCHU Corp.

     2,033,094        49,175,185  

Kokusai Pulp & Paper Co. Ltd.(a)

     112,500        558,050  

Marubeni Corp.

     2,121,878        18,588,147  

Mitsubishi Corp.(a)

     1,666,800        45,693,201  

Nagase & Co. Ltd.

     94,400        1,285,450  

Nippon Steel Trading Corp.

     54,700        1,900,867  

Sanyo Trading Co. Ltd.

     40,400        288,601  

Shinsho Corp.

     11,800        300,819  

Sojitz Corp.

     243,204        3,568,795  

Sumitomo Corp.

     1,631,477        20,316,676  

Toyota Tsusho Corp.

     259,910        8,044,470  
     

 

 

 
Total Trading Companies & Distributors

 

     152,859,944  
Transportation Infrastructure – 0.0%

 

Nissin Corp.

     15,800        189,388  

TOTAL COMMON STOCKS

(Cost: $2,409,744,608)

 

 

     1,861,241,892  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.1%

 

United States – 4.1%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(b)

 

  
(Cost: $78,604,290)      78,604,290        78,604,290  

TOTAL INVESTMENTS IN SECURITIES – 102.0%

(Cost: $2,488,348,898)

 

 

     1,939,846,182  

Other Assets less Liabilities – (2.0)%

        (38,222,786
     

 

 

 
NET ASSETS – 100.0%             $ 1,901,623,396  
*

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $116,799,406 and the total market value of the collateral held by the Fund was $140,946,990. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $62,342,700.

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

See Notes to Financial Statements.

 

WisdomTree Trust      33  


Schedule of Investments (unaudited) (concluded)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS                                                 
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)                                                 
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    10/5/2022       73,441,112,095       JPY       507,436,009       USD     $     $ (7,062

Bank of America NA

    10/5/2022       495,922,064       USD       68,586,715,742       JPY       22,033,748        

Bank of America NA

    11/4/2022       484,679,301       USD       69,952,939,558       JPY       6,381        

Citibank NA

    10/5/2022       73,441,721,018       JPY       507,436,009       USD             (2,855

Citibank NA

    11/4/2022       484,679,300       USD       69,953,666,433       JPY       1,343        

HSBC Holdings PLC

    10/5/2022       13,158,794       USD       1,870,921,278       JPY       231,980        

JP Morgan Chase Bank NA

    10/5/2022       73,441,518,044       JPY       507,436,009       USD             (4,257

JP Morgan Chase Bank NA

    10/5/2022       495,922,064       USD       68,567,821,111       JPY       22,164,297        

JP Morgan Chase Bank NA

    10/5/2022       19,738,192       USD       2,842,159,506       JPY       100,772        

JP Morgan Chase Bank NA

    10/5/2022       13,158,794       USD       1,903,481,398       JPY       7,011        

JP Morgan Chase Bank NA

    11/4/2022       484,679,300       USD       69,953,424,093       JPY       3,022        

Morgan Stanley & Co. International

    10/5/2022       73,447,723,479       JPY       507,436,009       USD       38,618        

Morgan Stanley & Co. International

    10/5/2022       495,922,064       USD       68,568,207,434       JPY       22,161,628        

Morgan Stanley & Co. International

    11/4/2022       484,679,300       USD       69,959,254,300       JPY             (37,373

UBS AG

    10/5/2022       495,922,064       USD       68,567,771,519       JPY       22,164,640        
                                            $ 88,913,440     $ (51,547

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 1,861,241,892      $      $      $ 1,861,241,892  

Investment of Cash Collateral for Securities Loaned

            78,604,290               78,604,290  

Total Investments in Securities

   $ 1,861,241,892      $ 78,604,290      $      $ 1,939,846,182  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 88,913,440      $      $ 88,913,440  

Liabilities:

        

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (51,547    $      $ (51,547

Total – Net

   $ 1,861,241,892      $ 167,466,183      $      $ 2,028,708,075  

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

34   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.3%

 

Japan – 98.3%

 

Air Freight & Logistics – 0.4%

 

AIT Corp.(a)

     2,100      $ 21,037  

Konoike Transport Co. Ltd.

     1,700        16,736  

Maruwa Unyu Kikan Co. Ltd.(a)

     1,500        15,037  

Mitsui-Soko Holdings Co. Ltd.

     1,400        29,742  

SBS Holdings, Inc.

     700        13,488  
     

 

 

 
Total Air Freight & Logistics               96,040  
Auto Components – 3.8%

 

Aisan Industry Co. Ltd.

     4,200        19,818  

Daikyonishikawa Corp.(a)

     5,900        21,685  

Eagle Industry Co. Ltd.

     4,800        35,947  

Exedy Corp.

     2,900        32,898  

FCC Co. Ltd.

     2,300        20,991  

FuKoKu Co. Ltd.

     2,600        17,406  

Furukawa Battery Co. Ltd.(a)

     1,300        10,086  

Futaba Industrial Co. Ltd.

     2,900        6,491  

G-Tekt Corp.(a)

     2,098        18,335  

H-One Co. Ltd.(a)

     4,100        16,117  

IJTT Co. Ltd.

     2,100        7,312  

KYB Corp.

     1,600        34,212  

Musashi Seimitsu Industry Co. Ltd.(a)

     2,900        31,175  

NHK Spring Co. Ltd.(a)

     10,500        61,733  

Nihon Tokushu Toryo Co. Ltd.

     1,700        10,664  

NOK Corp.(a)

     7,600        59,174  

Pacific Industrial Co. Ltd.

     3,200        22,506  

Press Kogyo Co. Ltd.(a)

     8,400        22,865  

Riken Corp.(a)

     1,100        17,357  

Sanoh Industrial Co. Ltd.(a)

     2,600        11,945  

Shoei Co. Ltd.

     800        28,906  

Sumitomo Riko Co. Ltd.(a)

     2,700        10,502  

Tachi-S Co. Ltd.

     1,300        9,619  

Taiho Kogyo Co. Ltd.(a)

     1,200        5,588  

Tokai Rika Co. Ltd.(a)

     5,025        47,770  

Topre Corp.

     1,800        13,791  

Toyo Tire Corp.

     5,800        62,911  

Toyoda Gosei Co. Ltd.

     6,100        92,083  

TPR Co. Ltd.

     1,906        15,657  

TS Tech Co. Ltd.

     6,600        64,703  

Yorozu Corp.

     1,200        6,632  
     

 

 

 
Total Auto Components               836,879  
Automobiles – 0.1%

 

Nissan Shatai Co. Ltd.(a)

     4,200        23,532  
Banks – 8.8%

 

77 Bank Ltd.

     5,000        61,557  

Aichi Bank Ltd.*

     1,000        38,986  

Akita Bank Ltd.

     1,500        16,705  

Aozora Bank Ltd.(a)

     8,800        156,977  

Awa Bank Ltd.(a)

     1,300        16,966  

Bank of Iwate Ltd.(a)

     1,100        13,618  

Bank of Nagoya Ltd.

     700        14,508  

Bank of Saga Ltd.

     2,500        26,270  

Bank of the Ryukyus Ltd.

     2,800      14,798  

Chugoku Bank Ltd.*(a)

     7,700        47,824  

Daishi Hokuetsu Financial Group, Inc.(a)

     3,400        62,999  

Ehime Bank Ltd.(a)

     2,400        14,276  

FIDEA Holdings Co. Ltd.(a)

     1,700        14,810  

Fukui Bank Ltd.(a)

     1,500        14,166  

Gunma Bank Ltd.(a)

     26,100        70,684  

Hachijuni Bank Ltd.(a)

     28,700        94,976  

Hokkoku Financial Holdings, Inc.

     1,100        35,870  

Hokuhoku Financial Group, Inc.

     8,500        50,150  

Hyakugo Bank Ltd.(a)

     12,600        27,595  

Hyakujushi Bank Ltd.(a)

     1,900        21,882  

Iyo Bank Ltd.*(a)

     13,000        62,779  

Juroku Financial Group, Inc.

     1,900        32,016  

Keiyo Bank Ltd.(a)

     9,800        31,957  

Kiyo Bank Ltd.(a)

     2,398        22,995  

Kyushu Financial Group, Inc.(a)

     21,700        57,269  

Mebuki Financial Group, Inc.

     85,500        166,576  

Miyazaki Bank Ltd.

     1,400        20,776  

Musashino Bank Ltd.

     2,200        25,899  

Nanto Bank Ltd.

     2,000        29,017  

Nishi-Nippon Financial Holdings, Inc.

     10,800        55,961  

North Pacific Bank Ltd.

     25,400        39,834  

Ogaki Kyoritsu Bank Ltd.(a)

     2,400        28,403  

Oita Bank Ltd.

     1,100        13,793  

Okinawa Financial Group, Inc.(a)

     1,040        15,067  

Procrea Holdings, Inc.(a)

     700        10,272  

San ju San Financial Group, Inc.(a)

     2,200        21,446  

San-In Godo Bank Ltd.

     9,500        45,943  

Senshu Ikeda Holdings, Inc.(a)

     18,800        27,146  

Seven Bank Ltd.(a)

     83,100        148,695  

Shiga Bank Ltd.(a)

     1,600        28,895  

Shikoku Bank Ltd.

     4,300        25,340  

Suruga Bank Ltd.

     3,700        9,509  

Toho Bank Ltd.(a)

     10,800        15,147  

Tokyo Kiraboshi Financial Group, Inc.

     1,900        27,855  

TOMONY Holdings, Inc.(a)

     6,700        14,349  

Towa Bank Ltd.(a)

     5,000        17,721  

Yamagata Bank Ltd.(a)

     1,900        13,113  

Yamaguchi Financial Group, Inc.

     17,100        90,731  

Yamanashi Chuo Bank Ltd.

     2,300        18,401  
     

 

 

 
Total Banks               1,932,522  
Beverages – 0.4%

 

Sapporo Holdings Ltd.

     2,100        46,136  

Takara Holdings, Inc.

     4,200        30,671  
     

 

 

 
Total Beverages               76,807  
Biotechnology – 0.0%

 

Pharma Foods International Co. Ltd.(a)

     300        2,553  
Building Products – 1.2%

 

Bunka Shutter Co. Ltd.

     6,600        46,692  

Central Glass Co. Ltd.(a)

     2,200        50,537  

Nichias Corp.

     2,800        43,428  

Nichiha Corp.

     1,500        28,457  

 

See Notes to Financial Statements.

 

WisdomTree Trust      35  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Noritz Corp.

     1,800      $ 19,151  

Shin Nippon Air Technologies Co. Ltd.

     1,000        12,442  

Sinko Industries Ltd.(a)

     1,100        11,278  

Takara Standard Co. Ltd.

     2,717        24,308  

Takasago Thermal Engineering Co. Ltd.

     2,700        31,730  
     

 

 

 
Total Building Products               268,023  
Capital Markets – 2.0%

 

GMO Financial Holdings, Inc.(a)

     10,300        50,950  

Ichiyoshi Securities Co. Ltd.(a)

     6,100        25,033  

IwaiCosmo Holdings, Inc.(a)

     5,400        45,142  

Kyokuto Securities Co. Ltd.(a)

     6,200        28,485  

Marusan Securities Co. Ltd.(a)

     6,400        19,145  

Matsui Securities Co. Ltd.(a)

     20,000        107,776  

Mito Securities Co. Ltd.(a)

     11,200        18,338  

Monex Group, Inc.(a)

     6,365        19,876  

Morningstar Japan KK

     6,999        22,436  

Okasan Securities Group, Inc.(a)

     13,000        29,279  

Sparx Group Co. Ltd.(a)

     2,340        21,566  

Tokai Tokyo Financial Holdings, Inc.(a)

     21,600        52,678  
     

 

 

 
Total Capital Markets               440,704  
Chemicals – 8.7%

 

ADEKA Corp.(a)

     5,100        76,141  

Aica Kogyo Co. Ltd.(a)

     2,800        60,548  

Arakawa Chemical Industries Ltd.(a)

     1,700        11,522  

Asahi Yukizai Corp.

     1,100        16,696  

Chugoku Marine Paints Ltd.(a)

     3,900        23,953  

CI Takiron Corp.(a)

     5,200        18,753  

Daicel Corp.

     17,600        103,476  

Dainichiseika Color & Chemicals Manufacturing Co. Ltd.

     800        9,368  

DIC Corp.

     4,800        79,820  

DKS Co. Ltd.

     500        6,601  

Fujimi, Inc.

     1,400        58,517  

Fujimori Kogyo Co. Ltd.(a)

     600        13,327  

Fuso Chemical Co. Ltd.

     600        12,892  

Ishihara Sangyo Kaisha Ltd.

     800        5,632  

JCU Corp.

     500        10,090  

JSP Corp.

     1,717        16,548  

Kaneka Corp.

     3,548        88,489  

KeePer Technical Laboratory Co. Ltd.(a)

     400        10,280  

KH Neochem Co. Ltd.

     1,200        21,854  

Koatsu Gas Kogyo Co. Ltd.(a)

     2,600        11,191  

Konishi Co. Ltd.(a)

     1,700        18,240  

Kumiai Chemical Industry Co. Ltd.

     3,194        22,464  

Kureha Corp.

     800        49,079  

Kyowa Leather Cloth Co. Ltd.(a)

     4,000        14,066  

Lintec Corp.

     5,600        85,928  

MEC Co. Ltd.

     500        7,710  

Nihon Nohyaku Co. Ltd.(a)

     3,500        20,457  

Nihon Parkerizing Co. Ltd.

     4,900        31,517  

Nippon Chemical Industrial Co. Ltd.

     600        7,756  

Nippon Kayaku Co. Ltd.(a)

     10,400        83,203  

Nippon Pillar Packing Co. Ltd.

     1,500        23,700  

Nippon Shokubai Co. Ltd.

     1,300      48,499  

Nippon Soda Co. Ltd.

     1,600        48,692  

Okamoto Industries, Inc.(a)

     800        19,621  

Okura Industrial Co. Ltd.(a)

     1,200        14,773  

Osaka Organic Chemical Industry Ltd.(a)

     500        7,033  

Osaka Soda Co. Ltd.

     977        25,649  

Riken Technos Corp.(a)

     6,000        20,809  

Sakata INX Corp.

     2,700        18,224  

Sanyo Chemical Industries Ltd.

     1,100        33,286  

Sekisui Kasei Co. Ltd.

     4,100        11,274  

Shikoku Chemicals Corp.(a)

     1,700        14,399  

Shin-Etsu Polymer Co. Ltd.

     2,600        21,501  

Stella Chemifa Corp.(a)

     700        12,129  

Sumitomo Bakelite Co. Ltd.

     2,200        60,265  

Sumitomo Seika Chemicals Co. Ltd.

     700        14,489  

T Hasegawa Co. Ltd.(a)

     1,100        22,799  

Taiyo Holdings Co. Ltd.

     2,000        33,203  

Takasago International Corp.(a)

     800        14,630  

Tayca Corp.

     1,300        11,083  

Teijin Ltd.

     10,100        97,829  

Tokai Carbon Co. Ltd.(a)

     6,800        45,993  

Tokuyama Corp.(a)

     3,900        46,909  

Tokyo Ohka Kogyo Co. Ltd.

     1,300        54,247  

Toyo Ink SC Holdings Co. Ltd.

     4,100        53,819  

Toyobo Co. Ltd.

     3,900        27,887  

UBE Corp.

     6,880        91,831  

Valqua Ltd.

     1,500        25,990  
     

 

 

 
Total Chemicals               1,916,681  
Commercial Services & Supplies – 1.5%

 

Aeon Delight Co. Ltd.

     2,700        52,901  

Daiseki Co. Ltd.

     640        19,720  

Itoki Corp.(a)

     5,100        14,129  

Japan Elevator Service Holdings Co. Ltd.

     700        9,164  

King Jim Co. Ltd.(a)

     4,300        27,093  

Matsuda Sangyo Co. Ltd.

     700        10,523  

Nippon Air Conditioning Services Co. Ltd.

     4,100        20,876  

Nippon Kanzai Co. Ltd.(a)

     1,900        33,263  

Nippon Parking Development Co. Ltd.

     15,200        21,108  

Okamura Corp.

     5,600        53,391  

Pilot Corp.

     800        30,343  

Sato Holdings Corp.

     1,300        16,148  

Studio Alice Co. Ltd.(a)

     1,000        14,826  
     

 

 

 
Total Commercial Services & Supplies               323,485  
Communications Equipment – 0.1%

 

Uniden Holdings Corp.

     900        25,431  
Construction & Engineering – 7.5%

 

Asanuma Corp.

     2,000        36,975  

Dai-Dan Co. Ltd.

     1,200        17,750  

Daiho Corp.(a)

     700        20,094  

EXEO Group, Inc.

     5,300        76,564  

Fudo Tetra Corp.

     1,800        18,318  

Hazama Ando Corp.(a)

     11,000        63,608  

INFRONEER Holdings, Inc.

     10,768        73,203  

 

See Notes to Financial Statements.

 

36   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2022

 

 

 

Investments    Shares      Value  

JDC Corp.

     4,600      $ 19,926  

Kandenko Co. Ltd.

     9,000        51,732  

Kumagai Gumi Co. Ltd.

     2,800        48,787  

Kyudenko Corp.

     2,700        51,297  

Meisei Industrial Co. Ltd.

     3,700        17,945  

MIRAIT ONE Corp.

     4,744        48,081  

Nippon Densetsu Kogyo Co. Ltd.

     1,800        22,832  

Nishimatsu Construction Co. Ltd.(a)

     7,000        183,530  

Nittoc Construction Co. Ltd.

     4,800        29,647  

Okumura Corp.

     3,200        62,919  

Penta-Ocean Construction Co. Ltd.

     11,800        59,267  

PS Mitsubishi Construction Co. Ltd.

     4,100        17,392  

Raito Kogyo Co. Ltd.

     3,200        42,093  

Raiznext Corp.

     3,600        29,249  

Sanki Engineering Co. Ltd.

     5,000        54,751  

Seikitokyu Kogyo Co. Ltd.(a)

     5,100        26,602  

Shinnihon Corp.

     2,200        10,746  

SHO-BOND Holdings Co. Ltd.

     2,800        121,096  

Sumitomo Densetsu Co. Ltd.(a)

     1,900        34,037  

Sumitomo Mitsui Construction Co. Ltd.

     8,640        26,563  

Taihei Dengyo Kaisha Ltd.

     1,300        29,998  

Taikisha Ltd.

     1,400        31,144  

Takamatsu Construction Group Co. Ltd.

     1,700        22,092  

Tekken Corp.

     1,600        19,610  

Tess Holdings Co. Ltd.

     700        4,570  

Toa Corp.

     900        15,476  

Toda Corp.(a)

     18,700        96,119  

Tokyo Energy & Systems, Inc.

     1,900        12,720  

Tokyu Construction Co. Ltd.

     5,800        25,284  

Totetsu Kogyo Co. Ltd.

     1,800        28,813  

Toyo Construction Co. Ltd.

     6,700        39,391  

Yahagi Construction Co. Ltd.

     3,200        16,271  

Yokogawa Bridge Holdings Corp.

     2,500        32,868  

Yurtec Corp.

     3,200        15,586  
     

 

 

 
Total Construction & Engineering               1,654,946  
Construction Materials – 0.9%

 

Krosaki Harima Corp.

     700        22,391  

Mitani Sekisan Co. Ltd.(a)

     300        7,182  

Shinagawa Refractories Co. Ltd.

     800        20,726  

Sumitomo Osaka Cement Co. Ltd.(a)

     2,100        47,297  

Taiheiyo Cement Corp.(a)

     5,100        71,808  

Vertex Corp.(a)

     1,500        13,710  

Yotai Refractories Co. Ltd.

     1,500        14,477  
     

 

 

 
Total Construction Materials               197,591  
Consumer Finance – 1.4%

 

AEON Financial Service Co. Ltd.

     7,900        78,157  

Credit Saison Co. Ltd.

     8,900        104,037  

Jaccs Co. Ltd.

     2,300        57,045  

Orient Corp.(a)

     5,190        41,091  

Premium Group Co. Ltd.

     1,500        18,415  
     

 

 

 
Total Consumer Finance               298,745  
Containers & Packaging – 1.2%

 

Fuji Seal International, Inc.(a)

     1,100      11,627  

Pack Corp.

     700        10,717  

Rengo Co. Ltd.

     11,681        67,789  

Tomoku Co. Ltd.

     1,100        10,814  

Toyo Seikan Group Holdings Ltd.

     14,000        168,683  
     

 

 

 
Total Containers & Packaging               269,630  
Distributors – 0.6%

 

Arata Corp.

     700        19,852  

Doshisha Co. Ltd.

     2,300        22,913  

Happinet Corp.

     2,100        26,811  

PALTAC Corp.

     1,500        46,168  

Yamae Group Holdings Co. Ltd.

     1,200        13,149  
     

 

 

 
Total Distributors               128,893  
Diversified Consumer Services – 0.4%

 

Asante, Inc.(a)

     1,800        18,815  

Benesse Holdings, Inc.(a)

     3,100        46,154  

Riso Kyoiku Co. Ltd.(a)

     4,100        9,064  

Tokyo Individualized Educational Institute, Inc.(a)

     5,300        20,139  
     

 

 

 
Total Diversified Consumer Services               94,172  
Diversified Financial Services – 1.3%

 

eGuarantee, Inc.

     700        12,066  

Financial Products Group Co. Ltd.(a)

     3,600        28,154  

Fuyo General Lease Co. Ltd.(a)

     1,700        92,666  

Japan Securities Finance Co. Ltd.

     5,000        28,326  

Mizuho Leasing Co. Ltd.(a)

     2,400        51,649  

NEC Capital Solutions Ltd.

     1,000        14,267  

Ricoh Leasing Co. Ltd.(a)

     2,200        53,653  
     

 

 

 
Total Diversified Financial Services               280,781  
Diversified Telecommunication Services – 0.2%

 

ARTERIA Networks Corp.

     4,200        34,559  

Usen-Next Holdings Co. Ltd.(a)

     600        8,182  
     

 

 

 
Total Diversified Telecommunication Services               42,741  
Electric Utilities – 0.7%

 

Hokkaido Electric Power Co., Inc.

     16,000        50,074  

Okinawa Electric Power Co., Inc.(a)

     3,483        25,459  

Shikoku Electric Power Co., Inc.

     13,200        65,934  
     

 

 

 
Total Electric Utilities               141,467  
Electrical Equipment – 1.6%

 

Daihen Corp.

     1,200        30,799  

Furukawa Electric Co. Ltd.

     2,326        36,848  

GS Yuasa Corp.(a)

     2,900        45,239  

Idec Corp.

     1,100        22,373  

Mabuchi Motor Co. Ltd.

     700        19,006  

Nippon Carbon Co. Ltd.

     900        24,685  

Nippon Seisen Co. Ltd.(a)

     600        18,115  

Nissin Electric Co. Ltd.

     5,200        47,709  

Nitto Kogyo Corp.(a)

     2,500        41,003  

Sanyo Denki Co. Ltd.

     300        10,228  

Sinfonia Technology Co. Ltd.

     1,200        11,126  

SWCC Showa Holdings Co. Ltd.

     500        6,045  

 

See Notes to Financial Statements.

 

WisdomTree Trust      37  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Takaoka Toko Co. Ltd.(a)

     1,200      $ 14,657  

Tatsuta Electric Wire and Cable Co. Ltd.(a)

     3,700        11,145  
     

 

 

 
Total Electrical Equipment               338,978  
Electronic Equipment, Instruments & Components – 5.1%

 

A&D HOLON Holdings Co. Ltd.

     1,200        6,765  

Ai Holdings Corp.

     1,900        27,093  

Amano Corp.

     3,000        50,364  

Anritsu Corp.(a)

     4,500        49,090  

Canon Electronics, Inc.

     2,200        24,091  

Citizen Watch Co. Ltd.(a)

     10,800        45,067  

CONEXIO Corp.(a)

     2,400        19,698  

Daiwabo Holdings Co. Ltd.

     6,800        87,522  

Dexerials Corp.(a)

     3,600        80,832  

Elematec Corp.

     2,458        21,278  

ESPEC Corp.(a)

     1,000        11,821  

Furuno Electric Co. Ltd.

     3,000        22,757  

Hakuto Co. Ltd.

     1,600        35,262  

Hioki EE Corp.(a)

     500        21,693  

I-PEX, Inc.

     600        5,136  

Innotech Corp.

     2,300        19,990  

Iriso Electronics Co. Ltd.

     500        13,697  

Japan Aviation Electronics Industry Ltd.(a)

     2,600        38,081  

Kaga Electronics Co. Ltd.

     1,300        36,284  

Koa Corp.(a)

     1,100        16,757  

Kyosan Electric Manufacturing Co. Ltd.(a)

     3,600        10,322  

Macnica Holdings, Inc.

     3,100        58,126  

Maruwa Co. Ltd.(a)

     200        21,362  

Meiko Electronics Co. Ltd.(a)

     500        8,622  

Nichicon Corp.(a)

     2,700        25,891  

Nippon Ceramic Co. Ltd.

     700        11,805  

Nippon Electric Glass Co. Ltd.

     5,400        93,006  

Nippon Signal Co. Ltd.(a)

     3,300        21,568  

Nissha Co. Ltd.

     1,400        16,530  

Nohmi Bosai Ltd.

     1,666        18,646  

Optex Group Co. Ltd.(a)

     1,200        17,601  

Restar Holdings Corp.(a)

     1,900        25,347  

Riken Keiki Co. Ltd.(a)

     500        13,472  

Ryoden Corp.(a)

     1,300        14,020  

Ryosan Co. Ltd.

     1,100        17,015  

Sanshin Electronics Co. Ltd.(a)

     1,400        16,220  

Siix Corp.(a)

     1,900        14,255  

Tachibana Eletech Co. Ltd.

     1,300        14,065  

Tokyo Electron Device Ltd.(a)

     600        21,970  

Topcon Corp.

     1,700        18,944  

V Technology Co. Ltd.(a)

     600        10,603  

Yokowo Co. Ltd.(a)

     600        7,855  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     1,110,523  
Energy Equipment & Services – 0.2%

 

Modec, Inc.*(a)

     1,700        17,371  

Toyo Kanetsu KK(a)

     1,200        20,361  
     

 

 

 
Total Energy Equipment & Services               37,732  
Entertainment – 0.8%

 

Akatsuki, Inc.

     600      8,630  

Avex, Inc.(a)

     8,400        89,429  

Daiichikosho Co. Ltd.(a)

     2,300        64,673  

Marvelous, Inc.

     4,200        19,325  
     

 

 

 
Total Entertainment               182,057  
Food & Staples Retailing – 2.0%

 

Aeon Hokkaido Corp.(a)

     2,200        17,175  

Ain Holdings, Inc.

     500        21,590  

Arcs Co. Ltd.

     2,400        34,157  

Axial Retailing, Inc.

     800        17,990  

Belc Co. Ltd.

     500        18,619  

Cawachi Ltd.

     900        13,250  

Create SD Holdings Co. Ltd.

     1,400        30,322  

Fuji Co. Ltd.

     700        9,111  

G-7 Holdings, Inc.(a)

     1,900        18,784  

Heiwado Co. Ltd.

     1,900        26,227  

Kato Sangyo Co. Ltd.

     1,400        32,305  

Life Corp.

     1,100        20,412  

Mitsubishi Shokuhin Co. Ltd.

     1,400        31,628  

Okuwa Co. Ltd.

     2,100        13,130  

Qol Holdings Co. Ltd.

     1,000        8,360  

Retail Partners Co. Ltd.(a)

     1,200        9,219  

San-A Co. Ltd.

     700        21,110  

United Super Markets Holdings, Inc.(a)

     3,400        24,758  

Valor Holdings Co. Ltd.(a)

     2,000        24,581  

Yaoko Co. Ltd.(a)

     700        31,725  

Yokorei Co. Ltd.

     3,100        18,868  
     

 

 

 
Total Food & Staples Retailing               443,321  
Food Products – 3.3%

 

Ariake Japan Co. Ltd.(a)

     500        17,341  

Ezaki Glico Co. Ltd.

     1,800        44,333  

Fuji Oil Holdings, Inc.(a)

     2,551        42,404  

Fujicco Co. Ltd.(a)

     1,600        21,124  

Hokuto Corp.(a)

     2,500        32,713  

Itoham Yonekyu Holdings, Inc.

     21,000        96,625  

J-Oil Mills, Inc.(a)

     1,700        18,251  

Kagome Co. Ltd.

     2,100        43,742  

Kameda Seika Co. Ltd.(a)

     500        15,855  

Kyokuyo Co. Ltd.

     800        20,008  

Maruha Nichiro Corp.

     1,300        22,094  

Megmilk Snow Brand Co. Ltd.

     2,100        24,853  

Mitsui DM Sugar Holdings Co. Ltd.

     1,400        18,309  

Morinaga & Co. Ltd.

     1,700        46,686  

Nippn Corp.

     2,800        30,061  

Nippon Suisan Kaisha Ltd.

     7,400        27,863  

Nisshin Oillio Group Ltd.

     1,500        33,110  

Prima Meat Packers Ltd.

     1,900        27,434  

Riken Vitamin Co. Ltd.(a)

     1,500        18,208  

S Foods, Inc.

     1,100        23,065  

Sakata Seed Corp.

     1,300        43,200  

Showa Sangyo Co. Ltd.

     1,200        20,544  

Starzen Co. Ltd.

     1,600        22,417  

 

See Notes to Financial Statements.

 

38   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Warabeya Nichiyo Holdings Co. Ltd.

     700      $ 10,717  

Yukiguni Maitake Co. Ltd.

     1,700        11,721  
     

 

 

 
Total Food Products               732,678  
Gas Utilities – 0.7%

 

Hokkaido Gas Co. Ltd.

     1,600        17,543  

Nippon Gas Co. Ltd.

     6,100        86,604  

Saibu Gas Holdings Co. Ltd.(a)

     1,800        21,476  

Shizuoka Gas Co. Ltd.

     2,500        17,099  
     

 

 

 
Total Gas Utilities               142,722  
Health Care Equipment & Supplies – 1.2%

 

Eiken Chemical Co. Ltd.

     1,600        19,853  

Hogy Medical Co. Ltd.(a)

     1,100        26,978  

Japan Lifeline Co. Ltd.

     3,100        20,710  

Mani, Inc.

     1,900        23,076  

Mizuho Medy Co. Ltd.(a)

     500        9,472  

Nagaileben Co. Ltd.

     1,600        21,500  

Nakanishi, Inc.

     2,500        45,615  

Nipro Corp.(a)

     7,323        55,045  

Paramount Bed Holdings Co. Ltd.

     2,206        39,336  
     

 

 

 
Total Health Care Equipment & Supplies               261,585  
Health Care Providers & Services – 1.2%

 

BML, Inc.

     2,100        47,297  

Falco Holdings Co. Ltd.(a)

     1,200        14,475  

France Bed Holdings Co. Ltd.(a)

     3,100        19,339  

H.U. Group Holdings, Inc.

     6,500        118,553  

Ship Healthcare Holdings, Inc.

     2,218        41,665  

Solasto Corp.

     2,300        13,713  

Tokai Corp.

     900        11,149  
     

 

 

 
Total Health Care Providers & Services               266,191  
Hotels, Restaurants & Leisure – 2.0%

 

Aeon Fantasy Co. Ltd.

     700        16,757  

Arcland Service Holdings Co. Ltd.(a)

     700        10,335  

Doutor Nichires Holdings Co. Ltd.

     1,100        13,208  

Heiwa Corp.(a)

     6,100        94,316  

Hiday Hidaka Corp.

     1,222        18,202  

Ichibanya Co. Ltd.

     900        27,607  

KFC Holdings Japan Ltd.(a)

     900        16,838  

KOMEDA Holdings Co. Ltd.

     2,500        40,226  

Kura Sushi, Inc.(a)

     400        8,456  

Monogatari Corp.

     200        9,589  

MOS Food Services, Inc.

     600        12,892  

Ohsho Food Service Corp.

     900        39,794  

Plenus Co. Ltd.(a)

     3,100        41,249  

Resorttrust, Inc.

     2,600        41,709  

Round One Corp.

     6,500        28,201  

Saizeriya Co. Ltd.

     400        7,379  

Tokyotokeiba Co. Ltd.

     600        17,120  
     

 

 

 
Total Hotels, Restaurants & Leisure               443,878  
Household Durables – 1.9%

 

Cleanup Corp.(a)

     4,400        17,114  

ES-Con Japan Ltd.(a)

     8,100        45,776  

FJ Next Holdings Co. Ltd.

     4,700        32,731  

Fuji Corp. Ltd.(a)

     4,700      20,165  

Fujitsu General Ltd.(a)

     2,000        41,521  

Hoosiers Holdings Co. Ltd.

     3,200        17,134  

JVCKenwood Corp.

     9,100        12,385  

Ki-Star Real Estate Co. Ltd.(a)

     1,300        39,248  

LEC, Inc.(a)

     2,300        13,093  

Pressance Corp.(a)

     1,817        18,365  

Sanei Architecture Planning Co. Ltd.

     1,600        17,863  

Sangetsu Corp.

     4,000        44,243  

Tama Home Co. Ltd.(a)

     3,000        48,706  

Tamron Co. Ltd.

     900        18,038  

Zojirushi Corp.(a)

     2,100        22,619  
     

 

 

 
Total Household Durables               409,001  
Household Products – 0.5%

 

Earth Corp.

     600        21,514  

Pigeon Corp.

     5,500        80,327  

Transaction Co. Ltd.(a)

     1,100        8,094  
     

 

 

 
Total Household Products               109,935  
Independent Power & Renewable Electricity Producers – 1.0%

 

Electric Power Development Co. Ltd.

     13,700        193,842  

eRex Co. Ltd.

     900        17,335  

West Holdings Corp.

     600        17,265  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     228,442  
Industrial Conglomerates – 0.6%

 

Nisshinbo Holdings, Inc.

     8,700        63,111  

Noritsu Koki Co. Ltd.

     600        10,123  

TOKAI Holdings Corp.(a)

     11,000        66,192  
     

 

 

 
Total Industrial Conglomerates               139,426  
Insurance – 0.1%

 

Advance Create Co. Ltd.(a)

     2,000        13,306  
Interactive Media & Services – 0.1%

 

Infocom Corp.

     1,500        19,742  
Internet & Direct Marketing Retail – 0.3%

 

ASKUL Corp.

     2,200        22,707  

Aucnet, Inc.(a)

     800        12,331  

Belluna Co. Ltd.(a)

     3,400        16,396  

Scroll Corp.(a)

     4,100        19,856  
     

 

 

 
Total Internet & Direct Marketing Retail               71,290  
IT Services – 3.1%

 

Bell System24 Holdings, Inc.

     3,400        32,416  

BIPROGY, Inc.

     3,800        82,435  

Comture Corp.(a)

     600        9,472  

Digital Garage, Inc.

     400        9,589  

DTS Corp.

     2,100        49,836  

Future Corp.

     2,300        25,154  

GMO GlobalSign Holdings KK

     200        6,107  

GMO Internet Group, Inc.

     2,600        45,769  

Ines Corp.(a)

     1,100        11,095  

Infomart Corp.

     600        1,828  

Information Services International-Dentsu Ltd.

     1,300        39,787  

JBCC Holdings, Inc.

     1,500        18,311  

 

See Notes to Financial Statements.

 

WisdomTree Trust      39  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Kanematsu Electronics Ltd.

     1,700      $ 46,803  

Mitsubishi Research Institute, Inc.

     700        21,545  

NEC Networks & System Integration Corp.

     4,300        46,730  

NET One Systems Co. Ltd.

     2,500        48,672  

NSD Co. Ltd.(a)

     3,000        51,007  

Relia, Inc.

     3,800        25,334  

SB Technology Corp.(a)

     600        9,082  

TDC Soft, Inc.(a)

     1,200        10,264  

TKC Corp.

     1,600        37,915  

Transcosmos, Inc.

     1,600        41,286  

Uchida Yoko Co. Ltd.

     400        12,118  
     

 

 

 
Total IT Services               682,555  
Leisure Products – 1.2%

 

Daikoku Denki Co. Ltd.(a)

     1,200        10,786  

Furyu Corp.

     1,000        6,971  

GLOBERIDE, Inc.

     600        8,945  

Mizuno Corp.

     700        12,443  

Roland Corp.

     1,800        55,214  

Sankyo Co. Ltd.

     4,900        148,444  

Tomy Co. Ltd.

     2,600        22,256  
     

 

 

 
Total Leisure Products               265,059  
Machinery – 4.4%

 

Aichi Corp.

     4,300        23,320  

Aida Engineering Ltd.(a)

     1,700        9,619  

Alinco, Inc.(a)

     3,700        23,006  

Bando Chemical Industries Ltd.(a)

     4,200        29,771  

CKD Corp.

     1,400        16,617  

DMG Mori Co. Ltd.

     1,800        20,519  

Ebara Jitsugyo Co. Ltd.

     900        13,474  

Fujitec Co. Ltd.(a)

     3,200        64,533  

Fukushima Galilei Co. Ltd.

     400        9,893  

Furukawa Co. Ltd.(a)

     2,200        18,436  

Giken Ltd.

     600        12,954  

Glory Ltd.

     2,600        38,135  

Hitachi Zosen Corp.

     3,135        18,561  

Japan Steel Works Ltd.

     1,203        23,654  

Kito Corp.

     1,100        20,656  

Kitz Corp.

     2,100        11,636  

Kyokuto Kaihatsu Kogyo Co. Ltd.(a)

     1,700        15,538  

Meidensha Corp.(a)

     1,500        20,426  

METAWATER Co. Ltd.

     1,700        22,280  

Mitsubishi Logisnext Co. Ltd.(a)

     700        3,569  

Mitsuboshi Belting Ltd.(a)

     1,400        29,113  

Morita Holdings Corp.

     2,000        17,714  

Nachi-Fujikoshi Corp.

     500        12,177  

Nikko Co. Ltd.

     6,900        28,840  

Nippon Thompson Co. Ltd.

     1,700        6,260  

Nissei ASB Machine Co. Ltd.(a)

     600        14,840  

Nitta Corp.

     1,300        24,968  

Nomura Micro Science Co. Ltd.(a)

     400        9,271  

Noritake Co. Ltd.

     400        11,095  

Obara Group, Inc.

     1,100        24,395  

Oiles Corp.(a)

     1,500        15,285  

OKUMA Corp.

     500      17,099  

Organo Corp.

     1,200        17,004  

OSG Corp.

     1,800        22,210  

Shibaura Machine Co. Ltd.

     1,200        23,876  

Shibuya Corp.

     1,200        20,063  

Shinmaywa Industries Ltd.

     3,700        24,821  

Sodick Co. Ltd.

     2,500        13,092  

Star Micronics Co. Ltd.

     2,500        28,136  

Takeuchi Manufacturing Co. Ltd.

     1,200        22,061  

Teikoku Electric Manufacturing Co. Ltd.

     1,300        16,490  

Tocalo Co. Ltd.(a)

     2,700        21,843  

Torishima Pump Manufacturing Co. Ltd.

     2,200        20,276  

Tsubaki Nakashima Co. Ltd.

     1,500        11,689  

Tsubakimoto Chain Co.(a)

     1,500        31,659  

Tsugami Corp.(a)

     1,200        9,700  

Union Tool Co.

     500        11,468  

YAMABIKO Corp.

     2,100        16,032  

Yushin Precision Equipment Co. Ltd.

     3,700        18,021  
     

 

 

 
Total Machinery               956,095  
Marine – 0.3%

 

Iino Kaiun Kaisha Ltd.

     7,500        33,732  

Japan Transcity Corp.

     2,800        9,247  

NS United Kaiun Kaisha Ltd.

     1,200        31,296  
     

 

 

 
Total Marine               74,275  
Media – 0.8%

 

Carta Holdings, Inc.

     1,200        13,837  

Digital Holdings, Inc.(a)

     700        5,648  

Intage Holdings, Inc.

     1,800        18,865  

Proto Corp.

     1,200        8,539  

SKY Perfect JSAT Holdings, Inc.

     19,400        69,293  

TV Tokyo Holdings Corp.

     1,500        19,679  

ValueCommerce Co. Ltd.

     500        7,648  

Wowow, Inc.

     1,700        15,621  

Zenrin Co. Ltd.(a)

     2,700        16,620  
     

 

 

 
Total Media               175,750  
Metals & Mining – 3.4%

 

Aichi Steel Corp.

     700        9,972  

Asahi Holdings, Inc.(a)

     5,100        71,526  

Daido Steel Co. Ltd.(a)

     1,300        31,614  

Daiki Aluminium Industry Co. Ltd.(a)

     2,500        20,363  

Dowa Holdings Co. Ltd.

     1,900        68,127  

Hakudo Co. Ltd.

     900        14,338  

Kobe Steel Ltd.(a)

     16,200        64,914  

Kurimoto Ltd.(a)

     1,200        13,306  

Kyoei Steel Ltd.

     2,700        25,873  

Maruichi Steel Tube Ltd.

     4,700        96,081  

Mitsubishi Materials Corp.

     6,800        93,442  

Mitsui Mining & Smelting Co. Ltd.

     2,100        44,105  

Neturen Co. Ltd.

     2,300        10,201  

Nippon Denko Co. Ltd.(a)

     8,300        19,152  

Nippon Light Metal Holdings Co. Ltd.(a)

     5,000        50,019  

Nippon Yakin Kogyo Co. Ltd.(a)

     900        16,241  

Nittetsu Mining Co. Ltd.(a)

     400        7,594  

 

See Notes to Financial Statements.

 

40   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Sanyo Special Steel Co. Ltd.(a)

     2,200      $ 28,423  

Toho Titanium Co. Ltd.(a)

     1,100        17,950  

Toho Zinc Co. Ltd.

     400        6,005  

Tokyo Steel Manufacturing Co. Ltd.(a)

     2,800        24,393  

Tokyo Tekko Co. Ltd.(a)

     1,500        13,514  
     

 

 

 
Total Metals & Mining               747,153  
Multiline Retail – 1.5%

 

H2O Retailing Corp.

     5,400        41,299  

Izumi Co. Ltd.

     2,700        57,919  

J. Front Retailing Co. Ltd.

     12,800        103,995  

Mr. Max Holdings Ltd.

     4,600        19,799  

Seria Co. Ltd.

     2,000        34,930  

Takashimaya Co. Ltd.

     6,200        73,289  
     

 

 

 
Total Multiline Retail               331,231  
Oil, Gas & Consumable Fuels – 1.2%

 

Cosmo Energy Holdings Co. Ltd.

     6,300        161,477  

Itochu Enex Co. Ltd.

     8,500        60,016  

Nippon Coke & Engineering Co. Ltd.(a)

     17,200        10,814  

Sala Corp.(a)

     3,600        18,902  

San-Ai Obbli Co. Ltd.

     2,300        17,749  
     

 

 

 
Total Oil, Gas & Consumable Fuels               268,958  
Paper & Forest Products – 0.4%

 

Daiken Corp.

     1,400        17,642  

Hokuetsu Corp.(a)

     7,600        39,642  

Nippon Paper Industries Co. Ltd.

     6,100        39,657  
     

 

 

 
Total Paper & Forest Products               96,941  
Personal Products – 0.5%

 

Milbon Co. Ltd.

     500        22,004  

Noevir Holdings Co. Ltd.

     2,000        78,483  
     

 

 

 
Total Personal Products               100,487  
Pharmaceuticals – 1.4%

 

Astena Holdings Co. Ltd.

     3,900        11,505  

Kaken Pharmaceutical Co. Ltd.

     2,400        63,256  

KYORIN Holdings, Inc.(a)

     3,800        46,468  

Mochida Pharmaceutical Co. Ltd.(a)

     1,700        39,639  

Sawai Group Holdings Co. Ltd.

     1,700        47,684  

Seikagaku Corp.

     2,100        12,057  

Towa Pharmaceutical Co. Ltd.(a)

     1,700        24,934  

Tsumura & Co.

     2,200        46,889  

ZERIA Pharmaceutical Co. Ltd.(a)

     1,500        21,472  
     

 

 

 
Total Pharmaceuticals               313,904  
Professional Services – 1.5%

 

Altech Corp.

     1,250        15,959  

Dip Corp.

     1,200        30,467  

en Japan, Inc.

     600        9,248  

Forum Engineering, Inc.

     2,500        15,752  

FULLCAST Holdings Co. Ltd.

     900        15,918  

Funai Soken Holdings, Inc.(a)

     1,140        19,336  

IR Japan Holdings Ltd.

     300        4,249  

JAC Recruitment Co. Ltd.

     3,100        47,460  

LIKE, Inc.

     1,100        16,392  

Link and Motivation, Inc.(a)

     1,900      10,094  

Meitec Corp.

     3,400        53,885  

Nomura Co. Ltd.

     3,900        24,384  

Outsourcing, Inc.

     700        5,305  

Pasona Group, Inc.(a)

     700        9,672  

Tanseisha Co. Ltd.(a)

     2,500        13,127  

UT Group Co. Ltd.

     600        9,874  

World Holdings Co. Ltd.

     900        16,359  

YAMADA Consulting Group Co. Ltd.

     1,100        9,112  
     

 

 

 
Total Professional Services               326,593  
Real Estate Management & Development – 1.7%

 

Aoyama Zaisan Networks Co. Ltd.(a)

     1,400        9,034  

CRE, Inc.(a)

     900        9,078  

Dear Life Co. Ltd.

     6,100        23,347  

Goldcrest Co. Ltd.(a)

     2,400        27,640  

Heiwa Real Estate Co. Ltd.

     1,500        41,141  

Ichigo, Inc.

     17,600        36,235  

Katitas Co. Ltd.(a)

     1,100        24,433  

Keihanshin Building Co. Ltd.

     2,200        18,589  

SAMTY Co. Ltd.(a)

     3,400        52,828  

Starts Corp., Inc.

     1,900        34,536  

Sun Frontier Fudousan Co. Ltd.

     7,000        54,164  

Takara Leben Co. Ltd.

     9,700        25,800  

Tosei Corp.

     1,600        15,332  
     

 

 

 
Total Real Estate Management & Development               372,157  
Road & Rail – 1.3%

 

Alps Logistics Co. Ltd.

     2,100        15,016  

Fukuyama Transporting Co. Ltd.(a)

     800        18,045  

Hamakyorex Co. Ltd.

     600        13,016  

Maruzen Showa Unyu Co. Ltd.(a)

     700        14,823  

Nankai Electric Railway Co. Ltd.

     1,800        36,760  

Nikkon Holdings Co. Ltd.(a)

     2,900        45,239  

Nishi-Nippon Railroad Co. Ltd.(a)

     1,100        21,917  

Sakai Moving Service Co. Ltd.

     400        12,947  

Seino Holdings Co. Ltd.

     5,400        43,276  

Senko Group Holdings Co. Ltd.

     9,300        61,617  
     

 

 

 
Total Road & Rail               282,656  
Semiconductors & Semiconductor Equipment – 1.1%

 

Ferrotec Holdings Corp.(a)

     600        9,803  

Furuya Metal Co. Ltd.

     200        10,736  

Japan Material Co. Ltd.(a)

     1,800        22,981  

MegaChips Corp.

     400        6,972  

Micronics Japan Co. Ltd.(a)

     800        6,538  

Mimasu Semiconductor Industry Co. Ltd.

     800        10,623  

Mitsui High-Tec, Inc.(a)

     300        14,115  

Optorun Co. Ltd.

     1,500        21,680  

Shibaura Mechatronics Corp.

     200        12,919  

Tokyo Seimitsu Co. Ltd.

     1,800        52,976  

Ulvac, Inc.

     1,200        42,530  

Yamaichi Electronics Co. Ltd.

     1,400        17,294  
     

 

 

 
Total Semiconductors & Semiconductor Equipment               229,167  

 

See Notes to Financial Statements.

 

WisdomTree Trust      41  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2022

 

 

 

Investments    Shares      Value  
Software – 0.9%

 

Broadleaf Co. Ltd.(a)

     3,500      $ 12,187  

Computer Engineering & Consulting Ltd.

     1,800        18,293  

Cresco Ltd.(a)

     1,000        11,330  

Cybernet Systems Co. Ltd.

     2,300        14,365  

Digital Arts, Inc.

     200        8,691  

Fuji Soft, Inc.

     500        28,257  

Fukui Computer Holdings, Inc.

     500        11,693  

Miroku Jyoho Service Co. Ltd.

     1,100        10,959  

Scala, Inc.(a)

     2,700        12,479  

SRA Holdings(a)

     1,800        36,996  

Systena Corp.

     7,000        19,489  

UNITED, Inc.(a)

     1,000        9,665  

WingArc1st, Inc.

     700        8,894  
     

 

 

 
Total Software               203,298  
Specialty Retail – 3.5%

 

Adastria Co. Ltd.

     1,922        28,443  

Alleanza Holdings Co. Ltd.(a)

     2,600        17,639  

Alpen Co. Ltd.(a)

     1,000        14,273  

Arclands Corp.

     1,200        12,013  

Asahi Co. Ltd.

     2,000        18,046  

Autobacs Seven Co. Ltd.(a)

     7,500        72,645  

Bic Camera, Inc.(a)

     4,600        39,312  

Chiyoda Co. Ltd.

     3,400        18,439  

DCM Holdings Co. Ltd.

     6,700        54,481  

EDION Corp.(a)

     7,000        56,969  

Honeys Holdings Co. Ltd.

     2,200        18,482  

IDOM, Inc.

     1,600        9,606  

Joshin Denki Co. Ltd.(a)

     1,200        15,719  

Joyful Honda Co. Ltd.(a)

     2,900        35,743  

K’s Holdings Corp.

     13,100        108,152  

Kohnan Shoji Co. Ltd.

     1,000        23,352  

Kojima Co. Ltd.

     2,100        9,140  

Komeri Co. Ltd.

     1,400        26,734  

Nafco Co. Ltd.(a)

     1,500        16,374  

Nextage Co. Ltd.

     600        13,016  

Nojima Corp.(a)

     2,700        25,145  

PAL GROUP Holdings Co. Ltd.

     1,200        19,474  

PC Depot Corp.(a)

     3,600        6,666  

T-Gaia Corp.(a)

     3,300        37,367  

VT Holdings Co. Ltd.

     7,054        23,197  

Xebio Holdings Co. Ltd.

     2,000        13,320  

Yellow Hat Ltd.(a)

     3,400        42,140  
     

 

 

 
Total Specialty Retail               775,887  
Technology Hardware, Storage & Peripherals – 1.3%

 

Eizo Corp.

     1,000        25,079  

Elecom Co. Ltd.(a)

     3,200        31,924  

Konica Minolta, Inc.

     40,500        124,792  

MCJ Co. Ltd.

     3,900        26,755  

Riso Kagaku Corp.(a)

     1,200        19,383  

Roland DG Corp.

     500        10,273  

Toshiba TEC Corp.

     800        20,671  

Wacom Co. Ltd.(a)

     4,500        22,104  
     

 

 

 
Total Technology Hardware, Storage & Peripherals               280,981  
Textiles, Apparel & Luxury Goods – 0.9%

 

Baroque Japan Ltd.(a)

     2,800      15,205  

Fujibo Holdings, Inc.

     500        11,348  

Gunze Ltd.

     700        18,691  

Japan Wool Textile Co. Ltd.

     4,000        29,431  

Kurabo Industries Ltd.

     1,200        16,357  

Onward Holdings Co. Ltd.

     8,739        17,629  

Seiko Holdings Corp.(a)

     1,200        24,996  

Seiren Co. Ltd.(a)

     1,500        21,804  

Wacoal Holdings Corp.(a)

     1,700        25,193  

Yondoshi Holdings, Inc.(a)

     2,000        23,738  
     

 

 

 
Total Textiles, Apparel & Luxury Goods               204,392  
Thrifts & Mortgage Finance – 0.1%

 

Aruhi Corp.(a)

     2,800        26,599  
Trading Companies & Distributors – 3.0%

 

Advan Group Co. Ltd.

     2,200        12,387  

Alconix Corp.

     900        8,183  

Chori Co. Ltd.

     1,200        15,909  

Daiichi Jitsugyo Co. Ltd.

     500        13,282  

Hanwa Co. Ltd.

     1,000        23,731  

Inaba Denki Sangyo Co. Ltd.

     3,000        56,520  

Inabata & Co. Ltd.(a)

     5,800        93,525  

Kamei Corp.

     1,700        12,532  

Kanamoto Co. Ltd.

     1,500        21,389  

Kanematsu Corp.

     5,200        51,265  

Kokusai Pulp & Paper Co. Ltd.(a)

     4,200        20,834  

Nagase & Co. Ltd.

     4,300        58,553  

Nichiden Corp.

     1,000        11,973  

Nippon Steel Trading Corp.

     2,296        79,788  

Nishio Rent All Co. Ltd.(a)

     1,200        23,661  

Onoken Co. Ltd.(a)

     2,600        25,399  

Sanyo Trading Co. Ltd.(a)

     2,500        17,859  

Sato Shoji Corp.(a)

     1,600        12,513  

Shinsho Corp.(a)

     700        17,845  

Trusco Nakayama Corp.

     1,200        16,515  

Wakita & Co. Ltd.

     2,200        17,646  

Yamazen Corp.

     2,300        14,460  

Yuasa Trading Co. Ltd.

     1,300        31,480  
     

 

 

 
Total Trading Companies & Distributors               657,249  
Transportation Infrastructure – 0.7%

 

Kamigumi Co. Ltd.

     4,100        75,743  

Mitsubishi Logistics Corp.

     2,600        61,253  

Nissin Corp.(a)

     1,400        16,781  
     

 

 

 
Total Transportation Infrastructure               153,777  
Wireless Telecommunication Services – 0.3%

 

Okinawa Cellular Telephone Co.

     3,700        65,184  
TOTAL COMMON STOCKS
(Cost: $29,597,629)
              21,592,778  

 

See Notes to Financial Statements.

 

42   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2022

 

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 15.1%

 

United States – 15.1%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(b)

 

(Cost: $3,322,330)      3,322,330      $ 3,322,330  
TOTAL INVESTMENTS IN SECURITIES – 113.4%
(Cost: $32,919,959)
        24,915,108  

Other Assets less Liabilities – (13.4)%

        (2,943,368
     

 

 

 
NET ASSETS – 100.0%             $ 21,971,740  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $5,755,583 and the total market value of the collateral held by the Fund was $6,180,049. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $2,857,719.

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC - OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and
Description of

Currency to

be Purchased

   

Amount and
Description of

Currency to

be Sold

     Unrealized
Appreciation
     Unrealized
Depreciation
 

Bank of America NA

    10/5/2022       815,364,997       JPY       5,633,705       USD      $      $ (79

Bank of America NA

    10/5/2022       5,633,705       USD       779,149,288       JPY        250,305         

Bank of America NA

    11/4/2022       5,551,779       USD       801,278,825       JPY        73         

Citibank NA

    10/5/2022       815,371,758       JPY       5,633,705       USD               (32

Citibank NA

    10/5/2022       5,633,705       USD       778,919,433       JPY        251,893         

Citibank NA

    11/4/2022       5,551,778       USD       801,287,008       JPY        15         

HSBC Holdings PLC

    10/5/2022       815,367,251       JPY       5,633,705       USD               (63

HSBC Holdings PLC

    11/4/2022       5,551,778       USD       801,280,346       JPY        61         

JP Morgan Chase Bank NA

    10/5/2022       815,369,504       JPY       5,633,705       USD               (47

JP Morgan Chase Bank NA

    10/5/2022       5,633,705       USD       778,934,644       JPY        251,788         

JP Morgan Chase Bank NA

    11/4/2022       5,551,778       USD       801,284,232       JPY        35         

UBS AG

    10/5/2022       5,633,705       USD       778,934,081       JPY        251,792         
                                             $ 1,005,962      $ (221

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other
Significant

Observable

Inputs

(Level 2)

   

Significant

Unobservable

Inputs

(Level 3)

     Total  

Assets:

 

    

Investments in Securities

 

    

Common Stocks

   $ 21,592,778      $     $      $ 21,592,778  

Investment of Cash Collateral for Securities Loaned

            3,322,330              3,322,330  

Total Investments in Securities

   $ 21,592,778      $ 3,322,330     $      $ 24,915,108  

Financial Derivative Instruments

 

    

Foreign Currency Contracts1

   $      $ 1,005,962     $      $ 1,005,962  

Liabilities:

 

    

Financial Derivative Instruments

 

    

Foreign Currency Contracts1

   $      $ (221   $      $ (221

Total – Net

   $ 21,592,778      $ 4,328,071     $      $ 25,920,849  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      43  


Statements of Assets and Liabilities (unaudited)

WisdomTree Trust

September 30, 2022

 

 

 

    

WisdomTree

Europe

Hedged
Equity Fund

   

WisdomTree
Europe

Hedged
SmallCap
Equity Fund

    WisdomTree
Germany
Hedged
Equity Fund
   

WisdomTree
International
Hedged

Quality

Dividend
Growth Fund

   

WisdomTree

Japan Hedged
Equity Fund

    WisdomTree
Japan Hedged
SmallCap
Equity Fund
 

ASSETS:

           

Investments, at cost

  $ 1,519,124,748     $ 42,339,272     $ 27,879,344     $ 1,468,783,448     $ 2,488,348,898     $ 32,919,959  

Investment in affiliates, at cost (Note 3)

                      882,631              

Foreign currency, at cost

    759,787       160,577       11,119       399,298       514,952       22,864  

Investments in securities, at value1,2 (Note 2)

    1,192,818,011       28,166,143       20,883,198       1,196,282,549       1,939,846,182       24,915,108  

Investment in affiliates, at value (Note 3)

                      808,296              

Cash

    43,066             2,504       891,472       2,422,107       7,057  

Foreign currency, at value

    772,884       161,700       10,997       396,991       509,954       22,611  

Unrealized appreciation on foreign currency contracts

    34,838,617       1,499,210       627,773       43,594,409       88,913,440       1,005,962  

Receivables:

 

Investment securities sold3

    12,077,758                               30,951  

Dividends

    325,423       27,132             2,795,647       23,607,125       237,244  

Securities lending income

    51,289       2,528       686       60,355       48,713       1,107  

Foreign tax reclaims

    5,623,933       130,591       217,975       3,061,909       2,965,991       20,751  

Other (Note 6)

          20,235                          

Total Assets

    1,246,550,981       30,007,539       21,743,133       1,247,891,628       2,058,313,512       26,240,791  

LIABILITIES:

 

Due to custodian

          5,154                          

Unrealized depreciation on foreign currency contracts

    473,939       583,597       285       134,135       51,547       221  

Payables:

           

Cash collateral received for securities loaned (Note 2)

    55,569,027       768,272       30,250       56,733,329       78,604,290       3,322,330  

Investment securities purchased

    32,594,194       859,513       588,846       41,051,064       77,254,295       935,800  

Capital shares redeemed

    12,510,447                                

Advisory fees (Note 3)

    578,080       18,322       8,787       561,600       772,897       10,619  

Service fees (Note 2)

    4,385       139       81       4,262       7,087       81  

Other (Note 6)

    2,082,923       6,071                          

Total Liabilities

    103,812,995       2,241,068       628,249       98,484,390       156,690,116       4,269,051  

NET ASSETS

  $ 1,142,737,986     $ 27,766,471     $ 21,114,884     $ 1,149,407,238     $ 1,901,623,396     $ 21,971,740  

NET ASSETS:

           

Paid-in capital

  $ 3,273,987,600     $ 58,389,159     $ 57,466,540     $ 1,258,098,905     $ 3,734,814,477     $ 47,538,659  

Total distributable earnings (loss)

    (2,131,249,614     (30,622,688     (36,351,656     (108,691,667     (1,833,191,081     (25,566,919

NET ASSETS

  $ 1,142,737,986     $ 27,766,471     $ 21,114,884     $ 1,149,407,238     $ 1,901,623,396     $ 21,971,740  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

    18,150,000       1,000,000       750,000       31,800,000       30,900,000       500,000  

Net asset value per share

  $ 62.96     $ 27.77     $ 28.15     $ 36.14     $ 61.54     $ 43.94  

1 Includes market value of securities out on loan of:

  $ 62,049,690     $ 944,220     $ 28,753     $ 69,560,713     $ 116,799,406     $ 5,755,583  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

 

3 Includes market value of securities out on loan, which were sold and pending settlement, of:

        $ 4,599                          

 

See Notes to Financial Statements.

 

44   WisdomTree Trust


Statements of Operations (unaudited)

WisdomTree Trust

For the Six Months Ended September 30, 2022

 

 

 

    

WisdomTree
Europe

Hedged
Equity Fund

   

WisdomTree
Europe

Hedged
SmallCap
Equity Fund

    WisdomTree
Germany
Hedged
Equity Fund
   

WisdomTree
International
Hedged

Quality

Dividend
Growth Fund

    WisdomTree
Japan Hedged
Equity Fund
    WisdomTree
Japan Hedged
SmallCap
Equity Fund
 

INVESTMENT INCOME:

 

Dividends

  $ 43,293,299     $ 2,361,451     $ 999,380     $ 26,667,976     $ 38,326,255     $ 361,585  

Dividends from affiliates (Note 3)

                      26,267              

Non-cash dividends

    1,715,741       120,272             7,369,628              

Securities lending income, net (Note 2)

    477,640       31,390       6,328       223,877       109,991       3,563  

Other income (Note 6)

    5,838,739       1,978             181,105              

Less:

           

Foreign withholding taxes on dividends

    (5,934,573     (289,335     (141,565     (2,231,272     (3,838,105     (50,879

IRS closing agreement fee (Note 6)

    (2,082,923                              

Total investment income

    43,307,923       2,225,756       864,143       32,237,581       34,598,141       314,269  

EXPENSES:

 

Advisory fees (Note 3)

    4,444,949       160,139       57,502       3,365,293       4,701,440       69,973  

Service fees (Note 2)

    33,720       1,214       527       25,530       43,096       530  

Other (Note 6)

    1,585,445                   47,625              

Total expenses

    6,064,114       161,353       58,029       3,438,448       4,744,536       70,503  

Expense waivers (Note 3)

                      (1,402            

Net expenses

    6,064,114       161,353       58,029       3,437,046       4,744,536       70,503  

Net investment income

    37,243,809       2,064,403       806,114       28,800,535       29,853,605       243,766  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

    (25,871,558     (2,245,598     (515,931     (4,541,705     (27,001,699     (399,592

In-kind redemptions

    47,030,840       (2,444,193           1,910,102       34,537,388       (172,095

Foreign currency contracts

    201,737,073       6,939,553       2,945,450       136,194,104       356,104,285       4,928,749  

Foreign currency related transactions

    (156,398     7,938       5,694       (199,290     (1,700,033     (30,832

Net realized gain

    222,739,957       2,257,700       2,435,213       133,363,211       361,939,941       4,326,230  

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions

    (470,229,559     (12,538,939     (7,181,820     (366,098,201     (442,895,126     (2,986,893

Investment transactions in affiliates (Note 3)

                      (312,750            

Foreign currency contracts

    11,910,492       275,502       302,029       31,601,451       (9,856,104     (505,008

Translation of assets and liabilities denominated in foreign currencies

    (658,125     (17,774     (24,506     (316,393     (399,311     (2,700

Net decrease in unrealized appreciation/depreciation

    (458,977,192     (12,281,211     (6,904,297     (335,125,893     (453,150,541     (3,494,601

Net realized and unrealized gain (loss) on investments

    (236,237,235     (10,023,511     (4,469,084     (201,762,682     (91,210,600     831,629  

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

  $ (198,993,426   $ (7,959,108   $ (3,662,970   $ (172,962,147   $ (61,356,995   $ 1,075,395  

 

See Notes to Financial Statements.

 

WisdomTree Trust      45  


Statements of Changes in Net Assets

WisdomTree Trust

 

 

 

 

     WisdomTree Europe
Hedged Equity Fund
   

WisdomTree Europe Hedged

SmallCap Equity Fund

    WisdomTree Germany
Hedged Equity Fund
 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 37,243,809     $ 36,673,929     $ 2,064,403     $ 1,075,519     $ 806,114     $ 896,799  

Net realized gain on investments, foreign currency contracts and foreign currency related transactions

    222,739,957       240,865,392       2,257,700       7,708,188       2,435,213       3,376,676  

Net decrease in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (458,977,192     (200,887,973     (12,281,211     (7,410,758     (6,904,297     (4,164,626

Net increase (decrease) in net assets resulting from operations

    (198,993,426     76,651,348       (7,959,108     1,372,949       (3,662,970     108,849  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (36,654,000     (44,246,812     (2,142,500     (1,117,302     (577,500     (1,209,360

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

          55,365,070       1,744,506       23,162,889              

Cost of shares redeemed

    (487,361,993     (159,690,153     (24,647,960                 (5,002,952

Net increase (decrease) in net assets resulting from capital share transactions

    (487,361,993     (104,325,083     (22,903,454     23,162,889             (5,002,952

Net Increase (Decrease) in Net Assets

    (723,009,419     (71,920,547     (33,005,062     23,418,536       (4,240,470     (6,103,463

NET ASSETS:

 

Beginning of period

  $ 1,865,747,405     $ 1,937,667,952     $ 60,771,533     $ 37,352,997     $ 25,355,354     $ 31,458,817  

End of period

  $ 1,142,737,986     $ 1,865,747,405     $ 27,766,471     $ 60,771,533     $ 21,114,884     $ 25,355,354  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    25,200,000       26,650,000       1,750,000       1,100,000       750,000       900,000  

Shares created

          700,000       50,000       650,000              

Shares redeemed

    (7,050,000     (2,150,000     (800,000                 (150,000

Shares outstanding, end of period

    18,150,000       25,200,000       1,000,000       1,750,000       750,000       750,000  

 

See Notes to Financial Statements.

 

46   WisdomTree Trust


Statements of Changes in Net Assets (concluded)

WisdomTree Trust

 

 

 

 

    

WisdomTree International Hedged

Quality Dividend Growth Fund

   

WisdomTree Japan Hedged

Equity Fund

   

WisdomTree Japan Hedged

SmallCap Equity Fund

 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 28,800,535     $ 30,140,597     $ 29,853,605     $ 45,925,889     $ 243,766     $ 753,687  

Net realized gain on investments, foreign currency contracts and foreign currency related transactions

    133,363,211       140,000,356       361,939,941       239,740,560       4,326,230       2,621,536  

Net decrease in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (335,125,893     (96,289,354     (453,150,541     (136,440,418     (3,494,601     (4,589,705

Net increase from payment by affiliate

          13,616                          

Net increase (decrease) in net assets resulting from operations

    (172,962,147     73,865,215       (61,356,995     149,226,031       1,075,395       (1,214,482

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (29,621,250     (34,880,873     (27,197,000     (51,969,830     (363,000     (980,043

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    186,630,627       480,736,121       357,188,487       911,652,905             13,925,653  

Cost of shares redeemed

    (11,732,553     (242,118,958     (286,855,550     (763,823,383     (4,344,141     (17,459,472

Net increase (decrease) in net assets resulting from capital share transactions

    174,898,074       238,617,163       70,332,937       147,829,522       (4,344,141     (3,533,819

Net Increase (Decrease) in Net Assets

    (27,685,323     277,601,505       (18,221,058     245,085,723       (3,631,746     (5,728,344

NET ASSETS:

 

Beginning of period

  $ 1,177,092,561     $ 899,491,056     $ 1,919,844,454     $ 1,674,758,731     $ 25,603,486     $ 31,331,830  

End of period

  $ 1,149,407,238     $ 1,177,092,561     $ 1,901,623,396     $ 1,919,844,454     $ 21,971,740     $ 25,603,486  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    27,350,000       21,850,000       29,700,000       27,450,000       600,000       700,000  

Shares created

    4,750,000       10,850,000       5,650,000       14,700,000             300,000  

Shares redeemed

    (300,000     (5,350,000     (4,450,000     (12,450,000     (100,000     (400,000

Shares outstanding, end of period

    31,800,000       27,350,000       30,900,000       29,700,000       500,000       600,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      47  


Financial Highlights

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Europe Hedged
Equity Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 74.04     $ 72.71     $ 51.83     $ 63.90     $ 62.67     $ 62.80  

Investment operations:

           

Net investment income1

    1.71       1.38       1.76       1.52       1.79       1.23  

Net realized and unrealized gain (loss)

    (11.10     1.62       20.86       (12.21     0.90       0.08  

Total from investment operations

    (9.39     3.00       22.62       (10.69     2.69       1.31  

Dividends and distributions to shareholders:

           

Net investment income

    (1.69     (1.67     (1.74     (1.38     (1.29     (1.44

Tax return of capital

                            (0.17      

Total dividends and distributions to shareholders

    (1.69     (1.67     (1.74     (1.38     (1.46     (1.44

Net asset value, end of period

  $ 62.96     $ 74.04     $ 72.71     $ 51.83     $ 63.90     $ 62.67  

TOTAL RETURN2

    (12.79 )%      4.04     44.22     (17.15 )%      4.33     2.03

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 1,142,738     $ 1,865,747     $ 1,937,668     $ 2,200,271     $ 3,744,358     $ 6,332,946  

Ratios to average net assets of:

           

Expenses

    0.69 %3,4      0.59 %4      0.58     0.58     0.58     0.58

Net investment income

    4.72 %3      1.79     2.81     2.29     2.86     1.91

Portfolio turnover rate5

    5     34     55     26     18     20

 

             
WisdomTree Europe Hedged
SmallCap Equity Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 34.73     $ 33.96     $ 23.43     $ 30.17     $ 30.62     $ 28.29  

Investment operations:

           

Net investment income1

    1.23       0.75       1.02       1.22       1.06       0.74  

Net realized and unrealized gain (loss)

    (6.79     0.91 6      10.56       (6.92     (0.89     2.05  

Total from investment operations

    (5.56     1.66 6      11.58       (5.70     0.17       2.79  

Dividends and distributions to shareholders:

           

Net investment income

    (1.40     (0.89     (1.05     (1.04     (0.62     (0.45

Tax return of capital

                                  (0.01

Total dividends and distributions to shareholders

    (1.40     (0.89     (1.05     (1.04     (0.62     (0.46

Net asset value, end of period

  $ 27.77     $ 34.73     $ 33.96     $ 23.43     $ 30.17     $ 30.62  

TOTAL RETURN2

    (16.29 )%      4.86     50.50     (19.62 )%      0.54     9.88

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 27,766     $ 60,772     $ 37,353     $ 49,197     $ 120,671     $ 154,624  

Ratios to average net assets of:

           

Expenses

    0.58 %3      0.63 %4      0.58     0.58     0.58     0.58

Net investment income

    7.47 %3      2.08     3.59     3.99     3.55     2.43

Portfolio turnover rate5

    10     57     77     49     37     37
1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized.

 

3 

Annualized.

 

4 

Included in the expense ratio are “Other fees” described in Note 6 (which are not annualized for the six months ended September 30, 2022). Without these expenses, the expense ratio would have been 0.58%.

 

5 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

6 

The amount per share does not correspond with the amount reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year.

 

See Notes to Financial Statements.

 

48   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Germany Hedged
Equity Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 33.81     $ 34.95     $ 22.79     $ 28.63     $ 30.95     $ 30.40  

Investment operations:

           

Net investment income1

    1.07       1.03       0.98       0.88       1.10       0.87  

Net realized and unrealized gain (loss)

    (5.96     (0.79     12.16       (5.87     (2.64     0.54  

Total from investment operations

    (4.89     0.24       13.14       (4.99     (1.54     1.41  

Dividends and distributions to shareholders:

           

Net investment income

    (0.77     (1.38     (0.98     (0.85     (0.59     (0.64

Tax return of capital

                            (0.19     (0.22

Total dividends and distributions to shareholders

    (0.77     (1.38     (0.98     (0.85     (0.78     (0.86

Net asset value, end of period

  $ 28.15     $ 33.81     $ 34.95     $ 22.79     $ 28.63     $ 30.95  

TOTAL RETURN2

    (14.64 )%      0.50     58.59     (18.06 )%      (5.07 )%      4.63

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 21,115     $ 25,355     $ 31,459     $ 29,622     $ 51,541     $ 91,302  

Ratios to average net assets of:

           

Expenses

    0.48 %3      0.48     0.48     0.48     0.48     0.48

Net investment income

    6.73 %3      2.90     3.38     2.95     3.66     2.78

Portfolio turnover rate4

    4     24     46     41     16     20

 

             
WisdomTree International Hedged
Quality Dividend Growth Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 43.04     $ 41.17     $ 30.61     $ 32.14     $ 30.78     $ 28.39  

Investment operations:

           

Net investment income1

    0.98       1.25       0.88       0.78       0.64       0.58  

Net realized and unrealized gain (loss)

    (6.88     2.03       10.54       (1.59     0.83       1.99  

Net increase from payment by affiliate

          0.00 5      0.08                    

Total from investment operations

    (5.90     3.28       11.50       (0.81     1.47       2.57  

Dividends to shareholders:

           

Net investment income

    (1.00     (1.41     (0.94     (0.72     (0.11     (0.18

Net asset value, end of period

  $ 36.14     $ 43.04     $ 41.17     $ 30.61     $ 32.14     $ 30.78  

TOTAL RETURN2

    (13.76 )%      7.93 %6      37.85 %7      (2.70 )%      4.78     9.05

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 1,149,407     $ 1,177,093     $ 899,491     $ 592,346     $ 438,708     $ 543,192  

Ratios to average net assets of:

           

Expenses

    0.59 %3,8,9,10      0.58 %8,9      0.58 %8,9      0.58 %8,9      0.58     0.58

Net investment income

    4.95 %3,8      2.85 %8      2.37 %8      2.32 %8      2.07     1.89

Portfolio turnover rate4

    2     61     67     61     56     42
1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees for the WisdomTree International Hedged Quality Dividend Growth Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

Annualized.

 

4 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

5 

Amount represents less than $0.005.

 

6 

Includes a voluntary reimbursement from the sub-advisor for investment losses on certain equity transactions during the period. Excluding the voluntary reimbursement, total return would have been unchanged.

 

7 

Includes a voluntary reimbursement from the sub-advisor for investment losses on certain foreign exchange transactions during the period. Excluding this voluntary reimbursement, total return would have been 0.27% lower.

 

8 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

9 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

10 

Included in the expense ratio are “Other fees” described in Note 6 (which are not annualized). Without these expenses, the expense ratio would have been 0.58%.

 

See Notes to Financial Statements.

 

WisdomTree Trust      49  


Financial Highlights (concluded)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Japan Hedged
Equity Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 64.64     $ 61.01     $ 42.64     $ 50.42     $ 55.76     $ 50.40  

Investment operations:

           

Net investment income1

    0.98       1.52       1.02       1.05       1.06       0.92  

Net realized and unrealized gain (loss)

    (3.20     3.76       18.73       (7.52     (5.03     5.81  

Net increase from payment by affiliate

                0.00 2                   

Total from investment operations

    (2.22     5.28       19.75       (6.47     (3.97     6.73  

Dividends to shareholders:

           

Net investment income

    (0.88     (1.65     (1.38     (1.31     (1.37     (1.37

Net asset value, end of period

  $ 61.54     $ 64.64     $ 61.01     $ 42.64     $ 50.42     $ 55.76  

TOTAL RETURN3

    (3.45 )%      8.79     46.97 %4      (13.26 )%      (7.20 )%      13.45

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 1,901,623     $ 1,919,844     $ 1,674,759     $ 1,709,801     $ 3,254,417     $ 6,607,000  

Ratios to average net assets of:

           

Expenses

    0.48 %5      0.48     0.48     0.48     0.48     0.48

Net investment income

    3.05 %5      2.45     2.03     2.08     1.96     1.67

Portfolio turnover rate6

    3     22     25     20     23     18

 

             

WisdomTree Japan Hedged

SmallCap Equity Fund

  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 42.67     $ 44.76     $ 33.88     $ 39.57     $ 44.13     $ 37.28  

Investment operations:

           

Net investment income1

    0.44       0.99       0.64       0.75       0.51       0.64  

Net realized and unrealized gain (loss)

    1.44       (1.80     11.45       (5.52     (4.31     6.91  

Total from investment operations

    1.88       (0.81     12.09       (4.77     (3.80     7.55  

Dividends to shareholders:

           

Net investment income

    (0.61     (1.28     (1.21     (0.92     (0.76     (0.70

Net asset value, end of period

  $ 43.94     $ 42.67     $ 44.76     $ 33.88     $ 39.57     $ 44.13  

TOTAL RETURN3

    4.45     (1.80 )%      36.31     (12.41 )%      (8.77 )%      20.42

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 21,972     $ 25,603     $ 31,332     $ 44,049     $ 83,097     $ 207,434  

Ratios to average net assets of:

           

Expenses

    0.58 %5      0.58     0.58     0.58     0.58     0.58

Net investment income

    2.02 %5      2.26     1.67     1.90     1.20     1.51

Portfolio turnover rate6

    4     41     41     36     38     30
1 

Based on average shares outstanding.

 

2 

Amount represents less than $0.005.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized.

 

4 

Includes a voluntary reimbursement from the sub-advisor for investment losses on certain foreign exchange transactions during the period. Excluding this voluntary reimbursement, total return would have been unchanged.

 

5 

Annualized.

 

6 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

See Notes to Financial Statements.

 

50   WisdomTree Trust


Notes to Financial Statements (unaudited)

 

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust on December 15, 2005 and is authorized to have multiple series of portfolios (each a “Fund”, collectively, the “Funds”). These notes relate only to the Funds listed below. In accordance with Accounting Standards Codification Topic 946, Financial Services-Investment Companies, each Fund listed below qualifies as an investment company and is applying the accounting and reporting guidance for investment companies.

 

   
Fund    Commencement
of Operations
 

WisdomTree Europe Hedged Equity Fund (“Europe Hedged Equity Fund”)

     December 31, 2009  

WisdomTree Europe Hedged SmallCap Equity Fund (“Europe Hedged SmallCap Equity Fund”)

     March 4, 2015  

WisdomTree Germany Hedged Equity Fund (“Germany Hedged Equity Fund”)

     October 17, 2013  

WisdomTree International Hedged Quality Dividend Growth Fund (“International Hedged Quality Dividend Growth Fund”)

     May 7, 2014  

WisdomTree Japan Hedged Equity Fund (“Japan Hedged Equity Fund”)

     June 16, 2006  

WisdomTree Japan Hedged SmallCap Equity Fund (“Japan Hedged SmallCap Equity Fund”)

     June 28, 2013  

Each Fund seeks to track the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree, Inc. (“WisdomTree”). WisdomTree is the parent company of WisdomTree Asset Management, Inc. (“WTAM”), the investment adviser to each Fund and the Trust. “WisdomTree” is a registered trademark of WisdomTree and has been licensed for use by the Trust. Each Fund described herein is considered to be non-diversified as defined under the 1940 Act.

In the normal course of business, the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and believe such exposure to be remote.

2. SIGNIFICANT ACCOUNTING POLICIES

The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (the “Codification”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants.

The following is a summary of significant accounting policies followed by the Funds:

Use of Estimates — The preparation of financial statements in conformity with GAAP, requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.

Investment Valuation — The net asset value (“NAV”) of each Fund’s shares is calculated each day a Fund is open for business as of the regularly scheduled close of regular trading on the New York Stock Exchange, normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Each Fund issues and redeems shares at NAV only in large blocks of shares known as creation units, which only certain institutions (e.g., broker-dealers) may purchase or redeem. Shares of each Fund are listed on a national securities exchange and trade at market prices. Most investors will buy and sell shares in the secondary market through brokers. Because Fund shares trade at market prices rather than NAV, shares may trade at a price greater than NAV or less than NAV. In calculating each Fund’s NAV, investments are valued under policies approved by the Board of Trustees of the Trust (the “Board of Trustees”). Equity securities (including preferred stock) traded on any recognized U.S. or non-U.S. exchange are valued at the last sale price or official closing price on the exchange on which they are principally traded. Unlisted equity securities (including preferred stock) are valued at the last sale price or, if no sale price is available, at the mean between the highest bid and lowest ask price. Each Fund may invest in money market funds which are valued at their NAV per share and exchange-traded funds (“ETFs” or “ETF”) or exchange-traded notes (“ETNs” or “ETN”) which are valued at their last sale or official closing price on the exchange on which they are principally traded or at their NAV per share in instances where the ETF or ETN has not traded on its principal exchange. Foreign currency contracts that settle within two business days after the trade date (“Spot Contracts”) and foreign currency contracts having a settlement period greater than two business days after the trade date (“Forward Contracts”) are valued daily using WM/Reuters closing spot and forward rates, respectively, as of 4:00 p.m. London time.

 

WisdomTree Trust      51  


Notes to Financial Statements (unaudited) (continued)

 

In certain instances, such as when reliable market valuations are not readily available, a Fund’s investments, which include derivatives, will be fair valued in accordance with the Fund’s pricing policy. The Board of Trustees has established a pricing committee (the “Pricing Committee”) which is comprised of senior representatives of WTAM and which reports to the Board of Trustees on a quarterly basis. In the event that a financial instrument cannot be valued based upon a price from the exchange or system on which it is principally traded, independent pricing service provider or broker-dealer quotation, or such prices are deemed to not reflect current market value, the Pricing Committee may value the financial instrument in good faith under the policies and procedures approved by the Board of Trustees based on current facts and circumstances. Securities that may be valued using “fair value” pricing may include, but are not limited to, securities for which there are no current market quotations, securities whose issuer is in default or bankruptcy, securities subject to corporate actions (such as mergers or reorganizations), securities subject to non-U.S. investment limits or currency controls, and securities affected by “significant events.” An example of a significant event is an event occurring after the close of the market in which a security trades but before a Fund’s next NAV Calculation Time that may materially affect the value of a Fund’s investment (e.g., government action, natural disaster, or significant market fluctuation). When fair value pricing is employed, the prices of securities used by a Fund to calculate its NAV may differ from quoted or published prices for the same securities.

Fair Value Measurement — In accordance with Codification Topic 820 (“ASC 820”), Fair Value Measurements and Disclosures, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Pricing Committee will perform other procedures (consistent with GAAP) to value an investment when a market quote is not available. ASC 820 established a three-tier hierarchy of inputs to be used when determining fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk — for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:

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 each Fund’s assumptions in determining the fair value of

investments)

The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.

Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended (either due to events affecting the issuer of the security specifically or events affecting the primary trading exchange more broadly) or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation or market activity; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets in which the security is traded but before the time as of which a Fund’s NAV is computed and that may materially affect the value of the Fund’s investments).

The valuation techniques and significant inputs used in determining the fair market value measurements for Level 2 and Level 3 positions are as follows:

Financial instruments are generally valued by independent pricing service providers that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. Depending on the type of financial instrument, the independent pricing service providers’ internal pricing models may use inputs that are observable such as issuer details (e.g., credit rating, debt ranking, coupon date, maturity date, etc.), interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar assets. Financial instruments that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate. Over-the-counter financial derivative instruments derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these factors. These instruments are normally valued on the basis of broker-dealer quotations or prices obtained from independent pricing service providers. Depending on the product and the terms of the transaction, the value of the financial derivative instruments can be estimated by an independent pricing service provider using a series of techniques including simulation pricing models. The pricing models may use inputs that are observed from actively quoted

 

52   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

markets such as issuer details, indices, credit risks/spreads, interest rates, yield curves, default and exchange rates. Derivative contracts that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate.

Determination of a fair value by the Pricing Committee may include significant unobservable inputs and therefore such financial instruments would be reflected as a Level 3 of the fair value hierarchy. The Pricing Committee may employ a market-based valuation approach which may use, among other potential considerations, related or comparable securities, recent transactions, market multiples, and other relevant information to determine fair value. The Pricing Committee may also use an income-based valuation approach in which anticipated future cash flows of the financial instrument are discounted to calculate fair value.

The summary of fair valuations according to the inputs used in valuing each Fund’s assets as of the measurement date is included in a “Fair Valuation Summary” supplementary table in each applicable Fund’s Schedule of Investments.

During the six months ended September 30, 2022, there were no significant transfers into or out of Level 3 of the fair value hierarchy.

Derivatives and Hedging Disclosure — Codification Topic 815 (“ASC 815”), Derivatives and Hedging, requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts as well as gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The Funds have invested in derivatives, specifically foreign currency contracts during the fiscal period ended September 30, 2022 and open positions in such derivatives as of September 30, 2022 are detailed in each Fund’s Schedule of Investments. All of the derivative instruments disclosed and described herein are subject to credit risk. Risks may arise upon entering into foreign currency contracts from potential inability of a counterparty to meet the terms of their contracts and from unanticipated movements in the value of the foreign currencies relative to the U.S. dollar or each other. The Funds’ derivative agreements may also contain credit-risk related contingent features which include, but are not limited to, a percentage decline in the Funds’ NAV over a specified time period. If an event occurred at September 30, 2022 that triggered a contingent feature, the counterparty to the agreement may require the Funds to post additional collateral or terminate the derivative positions and demand payment. Any collateral posted with respect to the derivative positions would be used to offset or reduce the payment. The maximum exposure to derivatives agreements with credit risk would be the total value of derivatives in net liability positions for each Fund, as disclosed in the table included in Note 2 — Master Netting Arrangements. Information with respect to the amounts and types of collateral received and/or posted for derivative instruments as of September 30, 2022, if any, is reflected as a footnote within each Fund’s Schedule of Investments.

As of September 30, 2022, the effects of such derivative instruments on each Fund’s financial position as reflected in the Statements of Assets and Liabilities are presented in the summary below:

 

     
     Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location    Value  

Europe Hedged Equity Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
   $ 34,838,617      Unrealized depreciation on
foreign currency contracts
   $ 473,939  

Europe Hedged SmallCap Equity Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     1,499,210      Unrealized depreciation on
foreign currency contracts
     583,597  

Germany Hedged Equity Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     627,773      Unrealized depreciation on
foreign currency contracts
     285  

International Hedged Quality Dividend Growth Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     43,594,409      Unrealized depreciation on
foreign currency contracts
     134,135  

Japan Hedged Equity Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     88,913,440      Unrealized depreciation on
foreign currency contracts
     51,547  

Japan Hedged SmallCap Equity Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     1,005,962      Unrealized depreciation on
foreign currency contracts
     221  

 

WisdomTree Trust      53  


Notes to Financial Statements (unaudited) (continued)

 

For the six months ended September 30, 2022, the effects of derivative instruments on each applicable Fund’s financial performance as reflected in the Statements of Operations are presented in the summary below:

 

     
Fund    Amount of Realized Gain
or (Loss) on Derivatives
Recognized1
     Change in Unrealized
Appreciation or
(Depreciation) on
Derivatives Recognized2
 

Europe Hedged Equity Fund

 

Foreign currency risk

   $ 201,737,073      $ 11,910,492  

Europe Hedged SmallCap Equity Fund

 

Foreign currency risk

     6,939,553        275,502  

Germany Hedged Equity Fund

 

Foreign currency risk

     2,945,450        302,029  

International Hedged Quality Dividend Growth Fund

 

Foreign currency risk

     136,194,104        31,601,451  

Japan Hedged Equity Fund

 

Foreign currency risk

     356,104,285        (9,856,104

Japan Hedged SmallCap Equity Fund

 

Foreign currency risk

     4,928,749        (505,008
  1 

Realized gains (losses) on derivatives are located on the Statements of Operations as follows:

 

Foreign currency risk

   Net realized gain (loss) from foreign currency contracts
  2 

Change in unrealized appreciation (depreciation) is located on the Statements of Operations as follows:

 

Foreign currency risk

   Net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts

During the six months ended September 30, 2022, the volume of derivative activity (based on the average of month-end balances, except where footnoted) for each Fund was as follows:

 

   
     Average Notional  
Fund    Foreign currency
contracts
(to deliver
USD)
     Foreign currency
contracts
(to receive
USD)
 

Europe Hedged Equity Fund

 

Foreign currency risk

   $ 1,657,877,768      $ 3,180,716,655  

Europe Hedged SmallCap Equity Fund

 

Foreign currency risk

     59,127,111        113,148,644  

Germany Hedged Equity Fund

 

Foreign currency risk

     24,901,755        48,652,044  

International Hedged Quality Dividend Growth Fund

 

Foreign currency risk

     1,184,801,688        2,345,114,846  

Japan Hedged Equity Fund

 

Foreign currency risk

     2,036,053,818        4,000,025,645  

Japan Hedged SmallCap Equity Fund

 

Foreign currency risk

     25,862,461        50,078,480  

Investment Transactions and Investment Income — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method. Dividend income (less foreign taxes withheld, if any) is recognized on the ex-dividend date or as soon as practicable (with respect to foreign dividends) after the existence of a dividend declaration has been determined. Non-cash dividend income is recognized at the fair value of securities received on the ex-dividend date or as soon as practicable (with respect to foreign dividends) after the existence of a dividend declaration has been determined. On each measurement date, the Funds evaluate the collectability of receivable balances. Generally, the Funds will write-off dividend receivable balances that are canceled by the issuer as of date that the dividend receivable cancellation notification was publicly made available or when it becomes probable that dividends will not be collected and the amount of uncollectable dividends can be reasonably estimated. Income earned from securities lending activities (i.e., securities lending income), net of fees payable to the securities borrower and/or securities lending agent, is accrued daily.

Foreign Currency Translation — The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies, as well as investment securities and other assets and liabilities denominated in foreign currencies, are translated into U.S. dollars using exchange rates prevailing on the respective dates of such transactions that are deemed appropriate by WTAM. Realized and unrealized foreign exchange gains and losses on investments are included as a component of “net realized gain (loss) from investment transactions” and “net increase (decrease) in unrealized appreciation/depreciation from investment transactions”, respectively, on the Statements

 

54   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

of Operations. Realized and unrealized foreign exchange gains or losses from foreign currency contracts are included in “net realized gain (loss) from foreign currency contracts” and “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts”, respectively, on the Statements of Operations. Realized and unrealized foreign exchange gains or losses arising from sales of foreign currencies, currency gains or losses recognized between the trade and settlement dates on investment transactions, and the difference between the amounts of dividends and foreign withholding taxes recorded on the Funds’ books and the U.S. dollar equivalent of the amounts actually received or paid are included in “net realized gain (loss) from foreign currency related transactions” and/or “net increase (decrease) in unrealized appreciation/depreciation from translation of assets and liabilities denominated in foreign currencies” in the Statements of Operations. Certain foreign exchange gains and losses included in realized and unrealized gains or losses are included in, or are a reduction of, ordinary income in accordance with U.S. Federal income tax regulations.

Expenses — Under the investment advisory agreement for each Fund, except for Funds that commenced operations on or after March 26, 2013, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other expenses (such as stamp taxes) connected with the execution of portfolio transactions or in connection with creation and redemption transactions; (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of trustees who are not interested persons of the Funds (“Independent Trustees”); (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s Chief Compliance Officer (“CCO”); (vi) extraordinary expenses; (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; and (viii) the advisory fee payable to WTAM.

Under the investment advisory agreement for Funds that commenced operations on or after March 26, 2013, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other fees, charges, taxes, levies or expenses (such as stamp taxes) incurred in connection with the execution of portfolio transactions or in connection with creation and redemption transactions (including without limitation any fees, charges, taxes, levies or expenses related to the purchase or sale of an amount of any currency, or the patriation or repatriation of any security or other asset, related to the execution of portfolio transactions or any creation or redemption transactions); (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s CCO; (vi) extraordinary expenses (in each case as determined by a majority of the Independent Trustees); (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; (viii) interest and taxes of any kind or nature (including, but not limited to, income, excise, transfer and withholding taxes); (ix) fees and expenses related to the provision of securities lending services; and (x) the advisory fee payable to WTAM.

Acquired fund fees and expenses (“AFFEs”) (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) are not operating expenses of the Funds and are not paid by WTAM.

Pursuant to a separate contractual arrangement, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. WTAM receives a fee, as shown on the Statements of Operations under “Service fees”, of up to 0.0044% per annum of each Fund’s average daily net assets for providing such services and paying such expenses. WTAM provides CCO services to the Trust.

Currency Transactions — The Funds may enter into foreign currency contracts to facilitate local securities settlements or to protect against currency exposure. The Funds may not enter into such contracts for speculative purposes.

Foreign Currency Contracts — The Funds may enter into foreign currency contracts to facilitate local securities settlements or to protect against currency exposure. The Funds may not enter into such contracts for speculative purposes. During the period ended September 30, 2022, the Funds utilized foreign currency contracts primarily to offset exposure to foreign currencies consistent with each Fund’s investment objective. A foreign currency contract involves an obligation to purchase or sell a specific currency at a future date, which may be any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of the contract. These contracts are principally traded in the inter-bank market conducted directly between currency traders (usually large, commercial banks) and their customers. A foreign currency contract generally does not require an initial margin deposit and no commissions are charged at any stage for trades.

Risks may arise upon entering into foreign currency contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currencies relative to the U.S. dollar or each other.

Fluctuations in the value of open foreign currency contracts are recorded for book purposes as unrealized gains or losses on foreign currency contracts by the Funds and are included in “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts” on the Statements of Operations. Realized gains and losses on foreign currency contracts include net gains or losses recognized by the Funds on contracts which have settled are included in “net realized gain (loss) from foreign currency contracts on the Statements of Operations.

 

WisdomTree Trust      55  


Notes to Financial Statements (unaudited) (continued)

 

Securities Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. It is the Funds’ policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the value of foreign securities loaned. Collateral in the form of cash and/or securities issued or guaranteed by the U.S. government or its agencies, equivalent to at least 100% of the market value of securities, is maintained at all times. The cash collateral can be invested in certain money market mutual funds which also have exposure to the fluctuations of the market. The values of the investments of cash collateral for securities on loan along with the obligations to return such collateral are included on the Statements of Assets and Liabilities. The total value of securities received as collateral for securities on loan is included in a footnote following each Schedule of Investments, but is not included within the Statements of Assets and Liabilities because the receiving Fund does not have the right to sell or repledge the securities received as collateral. As compensation for lending its securities, each Fund retains all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower (net of any fee rebates paid to the borrower). The lending agent receives a portion of the income earned by the Funds in connection with the lending program. The net securities lending income earned by the Funds is disclosed on the Statements of Operations. The dividend income earned on the securities loaned is accounted for in the same manner as other dividend income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. Dividends received while a security is out on loan are not considered Qualified Dividend Income (“QDI”) under the specific criteria issued by the Internal Revenue Service and are subject to taxation at the shareholder’s ordinary income tax rate instead of the lower long-term capital gains tax rate. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults. In the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.

Master Netting Arrangements — Codification Topic 210 (“ASC 210”), Balance Sheet, requires disclosures generally intended to (i) help investors and other financial statement users to better assess the effect or potential effect of offsetting arrangements on a company’s financial position, (ii) improve transparency in the reporting of how companies mitigate credit risk, and (iii) facilitate comparisons between those entities that prepare their financial statements on the basis of GAAP and those entities that prepare their financial statements on the basis of international financial reporting standards. ASC 210 requires entities to disclose (i) gross and net information about both instruments and transactions eligible for offset in the financial statements, and (ii) instruments and transactions subject to an agreement similar to a master netting agreement. ASC 210 is limited in scope to the following financial instruments, to the extent they are offset in the financial statements or subject to an enforceable master netting arrangement or similar agreement: (i) recognized derivative instruments accounted for under ASC 815 (Derivatives and Hedging); (ii) repurchase agreements and reverse repurchase agreements; and (iii) securities borrowing and securities lending transactions.

In order to better define its contractual rights and to secure rights that will help a Fund mitigate its counterparty risk, a Fund enters into an International Swaps and Derivatives Association, Inc. Master Agreement (“ISDA Master Agreement”) with its counterparties. An ISDA Master Agreement is a bilateral agreement between a Fund and a counterparty that governs over-the-counter derivatives (“OTC”), such as foreign currency contracts, and typically contains, among other things, collateral posting terms, netting and rights of set-off provisions in the event of a default and/or termination event. Under an ISDA Master Agreement, a Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and receivables to create a single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out netting) or similar event, including the bankruptcy or insolvency of the counterparty.

Collateral requirements generally differ by type of derivative. Collateral terms are contract-specific for OTC derivatives (e.g., foreign currency contracts, options and certain swaps). To the extent amounts due to a Fund from its derivatives counterparties are not fully collateralized, contractually or otherwise, the Fund bears the risk of loss from a counterparty’s non-performance.

The Funds’ securities lending activities are governed by a Securities Lending Authorization Agreement (“Lending Agreement”) between the Funds and the lending agent. The Lending Agreement authorizes the lending agent to lend qualifying U.S. and foreign securities held by a Fund to approved borrowers (each a “Borrower”). To mitigate borrower risk, a Fund typically receives from a Borrower collateral in the form of U.S. dollar cash and/or securities issued or guaranteed by the U.S. government or its agencies in excess of the market value of the securities loaned. Under the provisions of the Lending Agreement, a Fund shall have, as to the collateral, all of the rights and remedies of a secured party under applicable law. A Fund is exposed to risk of loss if a Borrower defaults on its obligation to return borrowed securities and the value of the collateral a Fund received is insufficient to cover the market value of the securities loaned. Also, the lending agent is permitted to invest the cash collateral it receives from a Borrower into a money market fund which is subject to market fluctuation. Therefore, a Fund is exposed to risk of loss if the value of invested cash collateral is insufficient to satisfy the Fund’s obligation to return the full amount owed to such Borrower. However, in the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.

For financial reporting purposes, the Funds elect to not offset assets and liabilities subject to an ISDA Master Agreement or Lending Agreement, if any, in the Statements of Assets and Liabilities. Therefore, all qualifying transactions are presented on a

 

56   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

gross basis in the Statements of Assets and Liabilities. As of September 30, 2022, the impact of netting of assets and liabilities and the offsetting of collateral pledged or received based on contractual netting/set-off provisions in the ISDA Master Agreement and the Lending Agreement are detailed in the following table:

 

     
    Assets     Liabilities  
   

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
         

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
       
Fund   Financial
Instruments
    Collateral
Received
    Net Amount     Financial
Instruments
    Collateral
Posted
    Net Amount  

Europe Hedged Equity Fund

               

Securities Lending

  $ 62,049,690     $     $ (62,049,690 )1    $     $     $     $     $  

Foreign Currency Contracts

    34,838,617       (472,569           34,366,048       473,939       (472,569           1,370  

Europe Hedged SmallCap Equity Fund

               

Securities Lending

    944,220             (944,220 )1                                

Foreign Currency Contracts

    1,499,210       (266,115           1,233,095       583,597       (266,115           317,482  

Germany Hedged Equity Fund

               

Securities Lending

    28,753             (28,753 )1                                

Foreign Currency Contracts

    627,773       (225           627,548       285       (225           60  

International Hedged Quality Dividend Growth Fund

               

Securities Lending

    69,560,713             (69,560,713 )1                                

Foreign Currency Contracts

    43,594,409       (134,135           43,460,274       134,135       (134,135            

Japan Hedged Equity Fund

               

Securities Lending

    117,147,419             (117,147,419 )1                               

Foreign Currency Contracts

    88,913,440       (50,035           88,863,405       51,547       (50,035           1,512  

Japan Hedged SmallCap Equity Fund

               

Securities Lending

    5,763,726             (5,763,726 )1                                

Foreign Currency Contracts

    1,005,962       (219           1,005,743       221       (219           2  
  1

The amount of collateral presented has been limited such that the net amount by counterparty cannot be less than zero.

Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments include short-term obligations issued by the U.S. government, its agencies, non-U.S. government agencies, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.

Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). A portion of the Code, known as subchapter M (“Subchapter M”), addresses the ways by which investment companies and investment trusts may pass income through to shareholders in order to avoid double taxation. Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code so that it will not be subject to federal income tax on income and gains that are timely distributed to Fund shareholders. Accordingly, no provision for U.S. federal income taxes is required. In order to qualify for the special tax treatment accorded to RICs and their shareholders, each Fund must, among other things, distribute with respect to each taxable year an amount equal to or greater than the sum of 90% of its investment company taxable income and 90% of its net tax-exempt interest income. There can be no guarantee that a Fund will pay dividends. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains is determined in accordance with the requirements of the Code and the U.S. Treasury regulations (i.e., tax basis) which may differ to amounts determined under GAAP (i.e., book basis). These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their Federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions that exceed earnings and profit for tax purposes are reported for tax purposes as a return of capital.

 

WisdomTree Trust      57  


Notes to Financial Statements (unaudited) (continued)

 

3. ADVISORY FEES AND OTHER TRANSACTIONS WITH AFFILIATES

WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM has arranged for Mellon Investments Corporation (“Mellon”) to provide sub-advisory services to the Funds. Mellon is compensated by WTAM at no additional cost to the Funds. WTAM also arranges for transfer agency, custody, fund accounting, fund administration, securities lending and all other non-distribution related services necessary for the Funds to operate, which are generally under separate agreements entered into between the Trust on behalf of the Funds and the applicable service provider. Under the investment advisory agreement for each Fund, WTAM agrees to pay all expenses of the Funds, except for certain expenses described in Note 2.

Pursuant to a separate contractual arrangement, as also described in Note 2, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees in exchange for a fee, accrued daily and paid monthly in arrears, of up to 0.0044% per annum of each Fund’s average daily net assets.

WTAM expects to receive annual advisory fees from each Fund, based on a percentage of the Fund’s average daily net assets, as shown in the following table:

 

   

Fund

  

Advisory

Fee Rate

 

Europe Hedged Equity Fund

     0.58

Europe Hedged SmallCap Equity Fund

     0.58

Germany Hedged Equity Fund

     0.48

International Hedged Quality Dividend Growth Fund

     0.58

Japan Hedged Equity Fund

     0.48

Japan Hedged SmallCap Equity Fund

     0.58

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Transactions in shares of affiliated ETFs for the fiscal period ended September 30, 2022, as applicable, are included in an “Investment in Affiliates” supplementary table in each applicable Fund’s Schedule of Investments. For these transactions, WTAM voluntarily waives a portion of the advisory fees, that it would otherwise charge, in an amount equal to the indirect AFFEs (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) attributable to each Fund’s investment in affiliated ETFs. The dollar amount of advisory fees waived during the period for the Funds, if any, are included in the Statement of Operations in “Expense waivers”.

WTAM and/or WisdomTree (collectively herein, “WT”) may from time to time own shares of a Fund. As of and for the six months ended September 30, 2022, WT held shares of and received distributions from the following Funds, which were purchased through an unaffiliated broker in ordinary brokerage transactions in the secondary market in which the Funds’ shares trade:

       
     At September 30, 2022            For the fiscal period ended
September 30, 2022
 
Fund    Fund Shares
held by WT
     Market Value
of Fund Shares
held by WT
            Dividends and
Distributions paid to
WT on Fund Shares
held by WT
 

International Hedged Quality Dividend Growth Fund

     36      $ 1,292              $ 36  

Japan Hedged Equity Fund

     16        987                16  

4. CAPITAL SHARE TRANSACTIONS

As of September 30, 2022, there were an unlimited number of $0.001 par value shares of beneficial interest authorized by the Trust. Shares are issued and redeemed by each Fund only in creation units or multiples thereof. Except when aggregated in creation units, shares of each Fund are not redeemable. Transactions in shares for each Fund are disclosed in detail in the Statements of Changes in Net Assets. The consideration for the purchase of creation units of a Fund generally consists of the in-kind contribution of a basket of securities and/or an amount of cash. Investors purchasing and redeeming creation units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of creation units.

5. INVESTMENT PORTFOLIO TRANSACTIONS

Purchases and sales of investments (excluding purchases and sales resulting from in-kind capital share transactions and short-term investments) and the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions (excluding

 

58   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

short-term investments) for the six months ended September 30, 2022 are shown in the following table. Realized gains and losses on sales resulting from in-kind capital share redemptions, as shown on the Statements of Operations, are not recognized by the Funds for tax purposes.

 

       
                   In-kind Capital Share Transactions  
Fund    Purchases      Sales      Purchases      Sales  

Europe Hedged Equity Fund

   $ 282,688,571      $ 71,299,333      $      $ 474,416,793  

Europe Hedged SmallCap Equity Fund

     12,785,137        5,469,162        1,694,749        24,481,563  

Germany Hedged Equity Fund

     4,528,195        1,035,796                

ternational Hedged Quality Dividend Growth Fund

     229,559,624        22,119,269        155,379,819        11,057,593  

Japan Hedged Equity Fund

     412,314,919        61,303,628        317,681,366        272,070,593  

Japan Hedged SmallCap Equity Fund

     5,130,918        865,995               4,367,951  

6. FEDERAL INCOME TAXES

At September 30, 2022, the cost of investments (including securities on loan and derivatives) for Federal income tax purposes was as follows:

 

         
    Investments in Long Securities           Investments in Financial Derivatives1        
Fund   Tax Cost     Gross
Unrealized
Appreciation
    Gross
Unrealized
Depreciation
    Net Unrealized
Depreciation
           Gross
Unrealized
Appreciation
    Gross
Unrealized
Depreciation
   

Net Unrealized
Appreciation/

(Depreciation)

   

Total Net
Unrealized

Depreciation

 

Europe Hedged Equity Fund

  $ 1,536,420,804     $ 75,901,798     $ (419,504,591   $ (343,602,793           $ 581     $     $ 581     $ (343,602,212

Europe Hedged SmallCap Equity Fund

    42,786,427       153,537       (14,773,821     (14,620,284                               (14,620,284

Germany Hedged Equity Fund

    28,361,384       474,124       (7,952,310     (7,478,186                               (7,478,186

International Hedged Quality Dividend Growth Fund

    1,472,623,647       27,964,905       (303,497,707     (275,532,802             3,151,801       (16,472     3,135,329       (272,397,473

Japan Hedged Equity Fund

    2,498,930,485       12,819,376       (571,903,679     (559,084,303                               (559,084,303

Japan Hedged SmallCap Equity Fund

    33,044,639       167,073       (8,296,604     (8,129,531                               (8,129,531
  1 

Certain financial derivatives may be considered section 1256 contracts under the Code. Each section 1256 contract held at the close of a taxable year shall be treated as sold for its fair market value on the last business day of such taxable year (and any realized gain and loss shall be taken into account for the taxable year). As such, the unrealized appreciation/(depreciation) for financial derivatives on a tax basis may not correspond to the unrealized appreciation/(depreciation) on a GAAP basis. The unrealized appreciation/(depreciation) for financial derivatives on a GAAP basis is located in the respective financial derivatives tables in each Fund’s Schedule of Investments.

GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign withholding taxes, as applicable, are accrued based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Foreign withholding taxes are accrued and applied to foreign income, net realized capital gains and net unrealized appreciation, as applicable, as the foreign income is earned or capital gains and unrealized appreciation are recorded. The dollar amount of applicable foreign withholding taxes on foreign income is included net in the Statements of Operations in “Less: Foreign withholding taxes,” the foreign capital gains tax applicable on the disposal of securities is included in the Statements of Operations in “Net realized gain (loss) from investment transactions” and the dollar amount of deferred foreign capital gains tax applicable on the unrealized appreciation on securities held is included in the Statements of Operations in “Net increase (decrease) in unrealized appreciation/depreciation from investment transactions”. The Funds record a foreign tax reclaim receivable on the ex-dividend date if the tax reclaim is “more likely than not” to be sustained assuming examination by tax authorities. This determination is based on, among other things, a jurisdiction’s legal obligation to pay reclaims as well as payment history and market convention. Foreign tax reclaims that have been recorded but not yet received are shown on the Statements of Assets and Liabilities in “Receivables: Foreign tax reclaims”.

As a result of several European Court of Justice (“ECJ”) court cases in certain countries across the European Union (“EU”), certain Funds have filed additional tax reclaims for previously withheld taxes on dividends earned in those countries (“ECJ tax reclaims”). These additional filings are subject to various administrative proceedings by the local jurisdictions’ tax authorities within the EU, as well as a number of related judicial proceedings. Income recognized, if any, for ECJ tax reclaims is reflected as “Other income” in the Statements of Operations and the cost to file these additional ECJ tax reclaims is reflected as “Other fees” in the Statements of Operations. When the ECJ tax reclaim is not “more likely than not” to be sustained assuming examination by tax authorities due to the uncertainty that exists as to the ultimate resolution of these proceedings, the likelihood of receipt of these ECJ tax reclaims, and the potential timing of payment, no amounts are reflected in the financial statements. At September 30, 2022, the Europe Hedged SmallCap Equity Fund recognized ECJ tax reclaim receivables of $20,235 in the Statements of Assets and Liabilities in “Other

 

WisdomTree Trust      59  


Notes to Financial Statements (unaudited) (continued)

 

receivables” that were “more likely than not” to be sustained by tax authorities and the estimated cost of $6,071 to file for these reclaims is reflected in “Other liabilities” on the Statements of Assets and Liabilities. For U.S. income tax purposes, ECJ tax reclaims received by the Funds, if any, reduce the amounts of foreign taxes Fund shareholders can use as tax credits in their individual income tax returns. In the event that ECJ tax reclaims received by a Fund during the fiscal year exceed foreign withholding taxes paid, and a Fund previously passed foreign tax credits on to its shareholders, a Fund must either amend historic tax reporting to shareholders or enter into a closing agreement with the Internal Revenue Service in order to pay the associated tax liability on behalf of the respective Fund’s shareholders. During the fiscal period ended September 30, 2022, the ECJ tax reclaims received by the Funds, except for the Europe Hedged Equity Fund, did not exceed the foreign withholding taxes of the respective Funds. During the fiscal period ended September 30, 2022, the Europe Hedged Equity Fund received ECJ tax reclaims in excess of its foreign withholding taxes during the fiscal period. The Europe Hedged Equity Fund expects to enter into a closing agreement with the Internal Revenue Service and has recognized estimated closing agreement fees of $2,082,923 which are shown on the Statements of Operations in “Investment Income: Less IRS closing agreement fee”.

7. RECENT REGULATORY UPDATE

Effective August 19, 2022, the Funds have adopted policies and procedures reasonably designed to comply with new regulations issued by the SEC governing the use of derivatives by registered investment companies (“Rule 18f-4”). Rule 18f-4 imposes limits on the amount of derivatives a fund can enter into, eliminates the asset segregation framework used by the Funds prior to August 19, 2022 to comply with Section 18 of the 1940 Act, and requires funds, whose use of derivatives is greater than a limited specified amount, to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager. Rule 18f-4 has not had a material impact on the Funds’ financial statements.

The fair valuation Rule 2a-5 went into effect on September 8, 2022. The Rule sets forth requirements for determining the fair value of portfolio securities and establishes a framework focused on process, testing and oversight. The Rule allows fund boards to designate a valuation designee responsible for performing fair value determinations in good faith. WTAM has been designated as the Valuation Designee for the Funds and is responsible for assessing material risks, establishing fair value methodologies, testing the appropriateness and accuracy of the methodologies and overseeing third-party pricing vendors. Under the new fair valuation policies, WTAM is responsible for regular quarterly reporting of any material fair valuation matter, annual reporting on the adequacy of the Valuation Designee’s processes, and the prompt notification to the board of any material impact of the fair value process on portfolio investments.

8. RECENT ACCOUNTING PRONOUNCEMENT

In June 2022, the FASB issued Accounting Standards Update No. 2022-03 (“ASU 2022-03”), Fair Value Measurement (Topic 820) — Fair Value Measurement of Equity Securities Subject to Contractual Sales Restrictions. The amendments in ASU 2022-03 clarify that a contractual restriction on a sale of an equity security is not considered a part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments also clarify that an entity cannot, as a separate unit of account, recognize and measure a contractual sale restriction. The amendments in ASU 2022-03 also require the following disclosures for equity securities subject to contractual sale restrictions: (i) the fair value of equity securities subject to contractual sale restrictions reflected in the balance sheet, (ii) the nature and remaining duration of the restriction(s), and (iii) the circumstances that could cause a lapse in the restriction(s). The amendments in ASU 2022-03 are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years for public business entities (early adoption is also permitted). WTAM is currently evaluating the impact that the adoption of ASU 2202-03 will have on the Trust’s financial statements and related disclosures.

9. SUBSEQUENT EVENT

Effective November 7, 2022, WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund and exchange-traded product sponsor and asset manager, transferred the listing of its common stock to the New York Stock Exchange (“NYSE”) from The Nasdaq Global Select Market (“Nasdaq”). WisdomTree began trading on the NYSE under the new ticker symbol “WT” along with its new company name, WisdomTree, Inc.

10. ADDITIONAL INFORMATION

The respiratory disease caused by a novel coronavirus (“COVID-19”) has spread globally since 2019, resulting in a global pandemic and major disruption to global markets and economies. In an organized attempt to contain and mitigate the effects of COVID-19, governments and businesses world-wide took aggressive measures, including businesses canceling dividends to preserve cash, governments closing borders, restricting international and domestic travel, and the imposition of prolonged quarantines of large populations. COVID-19 has resulted in the disruption of and delays in the delivery of healthcare services and processes, the cancellation of organized events and educational institutions, the disruption of production and supply chains, a decline in consumer

 

60   WisdomTree Trust


Notes to Financial Statements (unaudited) (concluded)

 

demand for certain goods and services, and general concern and uncertainty, all of which have contributed to increased volatility in global markets. In recent months, however, the rapid COVID-19 vaccination rollout in the United States and certain other developed countries, coupled with the passage of stimulus programs in the U.S. and abroad, have resulted in a reversal of many of these trends including the re-opening of businesses, a reduction in quarantine requirements, increased consumer demand, and the resumption of certain in-person schooling, travel and events. Despite these positive trends, the prevalence of new COVID-19 variants, a failure to achieve herd immunity, or other unforeseen circumstances may result in the continued spread of the virus throughout unvaccinated populations or a resurgence in infections among vaccinated populations. As a result, it remains unclear if recent positive trends will continue in developed markets and whether such trends will spread world-wide to countries with limited access to vaccines that are still experiencing rising COVID-19 cases, hospitalizations and deaths.

The effects of COVID-19 have affected and are likely to continue to affect certain sectors and industries more dramatically than others, and the effects borne by some will negatively affect the value of the issuers in those sectors and industries, which may adversely affect the value of a Fund’s investments in those sectors or industries. It is also true that the speed at which global economies recover, or fail to recover, from the COVID-19 pandemic will affect certain sectors, industries, and issuers more dramatically than others, which in turn may adversely affect certain Fund investments.

COVID-19, and other epidemics and pandemics that may arise in the future, could adversely affect the economies of many nations, the global economy, individual companies and capital markets in ways that cannot be foreseen at the present time. In addition, the impact of infectious diseases in developing or emerging market countries may be greater due to limited health care resources, including access to COVID-19 vaccinations and treatments. Political, economic and social stresses caused by COVID-19 also may exacerbate other pre-existing political, social and economic risks in certain countries. The duration of COVID-19 and its effects cannot be determined fully at this time, but the effects could be present for an extended period of time. It is impossible to predict the effects on the Funds of these or similar events and market conditions in the future. However, it is possible that these or similar events and market conditions could have a significant and adverse effect on the NAV and/or risk profile of a Fund.

*    *    *    *    *

Russia’s military invasion of Ukraine initiated in February 2022 and the economic and diplomatic responses by the United States and other countries have led to increased volatility and uncertainty in the financial markets and could continue to adversely affect regional and global economies for the foreseeable future. In response to Russia’s actions, the governments of the United States, the European Union, the United Kingdom, and many other countries collectively imposed heavy and broad-ranging economic sanctions on certain Russian individuals, corporate and banking entities, and other industries and businesses. The sanctions restrict companies from doing business with Russia and Russian companies, prohibit transactions with the Russian central bank and other key Russian financial institutions and entities, ban Russian airlines and ships from using many other countries’ airspace and ports, respectively, and place a freeze on certain Russian assets. The sanctions also removed some Russian banks from the Society for Worldwide Interbank Financial Telecommunications (SWIFT), the electronic network that connects banks globally to facilitate cross-border payments. In addition, the United States has banned oil and other energy imports from Russia, and the United Kingdom made a commitment to phase out oil import from Russia by the end of 2022.

These sanctions, as well as other economic consequences related to the invasion, such as additional sanctions, boycotts or changes in consumer or purchaser preferences or cyberattacks on governments, companies or individuals, may further decrease the value and liquidity of certain Russian securities and securities of issuers in other countries that are subject to economic sanctions related to the invasion or otherwise adversely affected by the sanctions. To the extent a Fund has exposure to Russian investments or investments in countries affected by the invasion or the sanctions, the Fund’s ability to price, buy, sell, receive or deliver, or receive dividends and interest payments on such investments may be impaired. In certain circumstances, such as when there is no market for a security or other means of valuing or disposing of a security, a Fund may determine to value the affected security at zero. In addition, any exposure a Fund may have to counterparties in Russia or in countries affected by the invasion could negatively affect the Fund’s portfolio. The extent and duration of Russia’s military actions and the repercussions of such actions are impossible to predict, but could result in continued significant market disruptions, including in the oil and natural gas markets, and may negatively affect global supply chains, inflation and global growth. Further, an escalation of the military conflict beyond Ukraine’s borders could result in significant, long-lasting damage to the economies of Eastern and Western Europe as well as the global economy. These and any related events could significantly and adversely affect a Fund’s performance and the value of an investment in the Fund, even in the absence of direct exposure to Russian issuers or issuers in other countries affected by the invasion.

 

WisdomTree Trust      61  


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited)

 

Consideration of the Approval and Renewal of Investment Advisory and Sub-Advisory Agreements

At a meeting of the Board of Trustees (the “Board” or the “Trustees”) of the WisdomTree Trust (the “Trust”) held on September 19-20, 2022 (the “Meeting”), the Trustees, including those Trustees who are not “interested persons” (as defined in the Investment Company Act of 1940, as amended) of the Trust (the “Independent Trustees”), considered the renewal of (i) the Investment Advisory Agreements between WisdomTree Asset Management, Inc. (“WTAM”) and the Trust, on behalf of its applicable series (each, a “Fund,” and, collectively, the “Funds”), pursuant to which WTAM provides the Funds with investment advisory services (the “Advisory Agreements”), and (ii) the Sub-Advisory Agreement (the “Mellon Sub-Advisory Agreement”), pursuant to which Mellon Investments Corporation (“Mellon”) coordinates the investment and reinvestment of the assets of the applicable Funds, (together with the Advisory Agreements, the “Agreements”).

The Trustees requested, and WTAM provided, such information as the Trustees, with advice from counsel to the Trust and independent legal counsel, deemed reasonably necessary to evaluate the Agreements. At a meeting of a committee of Independent Trustees (the “Contracts Review Committee”) held on August 11, 2022, representatives from WTAM presented detailed information to the Trustees relating to the continuance of the Agreements, and the Trustees, including the Independent Trustees, reviewed and discussed such information. Further information was presented at the Board’s request at the Meeting.

The Independent Trustees were assisted in their review by independent legal counsel and met with counsel in executive session separate from WTAM representatives and the Sub-Advisers. In considering the approval and renewal of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Trustee may have attributed different weights to the factors considered. Each Fund was considered separately.

Analysis of Nature, Extent, and Quality of Services Provided to the Funds. The Board considered information provided to them at the Meeting and in previous presentations throughout the year from WTAM representatives regarding the nature, extent, and quality of the services provided to the Funds, recognizing WTAM’s and the Sub-Advisers’ operational capabilities and resources. The Board also discussed the role of WisdomTree Investments, Inc. (“WTI”), the parent of WTAM, as index provider to certain Funds, which comprise the substantial majority of assets in the WisdomTree fund complex. The Board noted that the strategies represented by those Funds tracking affiliated WTI indexes are unique, based on WTI’s intellectual property and are only available for use by applicable Funds through WTAM. The Board noted WTAM’s belief that shareholders have invested in such Funds on the strength of WTI’s intellectual property and WTAM’s industry standing and reputation and with the expectation that WTAM will have a continuing role in providing advisory services to the Funds based on the WTI indexes. The Board also noted the extensive responsibilities that WTAM has as investment adviser to the Funds, including: the selection of, and supervisory responsibilities and activities over, the Sub-Advisers, including oversight of the Sub-Advisers’ adherence to each Fund’s investment strategy and restrictions, monitoring of the Sub-Advisers’ buying and selling of securities and derivatives transactions, review of Sub-Adviser performance, review of proxies voted by the Sub-Advisers and oversight of, and the provision of consultation to, the Sub-Advisers with respect to the creation of custom creation or redemption baskets for authorized participants; oversight of the daily valuation of the Funds’ portfolio holdings; oversight of general Fund compliance with federal and state laws; and implementation of Board directives as they relate to the Funds. The Board also considered research support available to, and management capabilities of, the Funds’ management personnel and that WTAM provides oversight of day-to-day Fund operations, including fund accounting, tax matters, administration and legal assistance in meeting disclosure and regulatory requirements. Based on management’s representations, the Board expected that there would be no reduction in the scope of services required by or provided by WTAM and the Sub-Advisers under the relevant Agreements. The Board noted that WTAM has continued to commit significant resources toward the fund complex and has made substantial investments to improve the services offered by WTAM, which benefit Fund shareholders.

Based on review of this information and the other factors considered at the Meeting, the Board concluded that the nature, extent and quality of services provided by WTAM and the Sub-Advisers under the Advisory Agreements and Sub-Advisory Agreements, respectively, are adequate and appropriate and supported the Board’s approval of the approval and renewal of the Agreements.

Comparative Analysis of the Funds’ Performance and Management Fee and Expense Ratio. The Board reviewed reports prepared by Broadridge Financial Solutions, Inc. (“Broadridge”), an independent provider of investment company data, which included information (1) measuring each index Fund’s performance by how well it tracked the relevant benchmark index, (2) comparing each Fund’s performance with the performance of a group of comparable funds (the “Performance Group”) for various periods ended May 31, 2022, and (3) comparing each Fund’s actual management fees and total expenses with those of a group of comparable funds (the “Expense Group”) and, with respect to total expenses, with a broader group of funds (the “Expense Universe”), the information for which was derived in part from fund financial statements available to Broadridge as of the date of its analysis. The Contracts Review Committee and the Independent Trustees previously had reviewed and discussed the methodology Broadridge used to select the Performance Groups, Expense Groups and Expense Universes. The Board noted that the Performance Groups, Expense Groups and Expense Universes included only pure-index and index-based exchange traded funds (“ETFs”) as comparison funds. The Board also noted that due to the special characteristics of certain Funds, there are limitations in providing comparable funds in the Performance Groups, Expense Groups and Expense Universes, and the information in the Broadridge reports may or may not provide meaningful direct comparisons to the Funds.

 

62   WisdomTree Trust


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) (continued)

 

The Board discussed the index Funds’ performance, noting that the substantial majority of index Funds seek to track their own WisdomTree benchmark index. During the prior year, the Board received periodic reports on the Funds’ performance in comparison to their relevant benchmark indexes. In response to questions from the Independent Trustees, WTAM representatives discussed the relative performance of the Funds and the factors affecting such performance. On that basis, the Board determined to continue to monitor carefully disparities in performance—both positive and negative—but did not believe that the disparities in the past reflected any characteristics requiring immediate action by WTAM or a Sub-Adviser.

The Board also reviewed the range of actual management fees and total expenses of the Expense Group funds and, with respect to total expenses, Expense Universe funds, and discussed the results of the comparisons. With respect to comparisons of actual management fees, the Board noted the Funds’ unitary fee structure and that the Expense Groups and Expense Universes generally included both ETFs with and without a unitary fee structure. The Board also noted that certain comparison funds in certain Expense Groups and Expense Universes benefited from waivers of all or a portion of their management fees and reimbursement of certain operating expenses. The Board noted that the total expenses of many of the Funds were within five basis points of the median or average total expenses of the funds in the Funds’ respective Expense Groups. In those specific instances where a Fund’s total expenses departed more significantly from comparative funds, the Independent Trustees sought explanations from WTAM, which generally attributed the disparities to the limitations within peer data and/or the unique attributes of a Fund.

The Board considered the fees to the Sub-Advisers in relation to the fees paid to WTAM by the Funds and the respective services provided by the Sub-Advisers and WTAM. The Board also noted that the Sub-Advisers’ fees are paid by WTAM (out of its fee paid by the relevant Funds) and not the Funds. The Board considered the meaningful differences in the services that WTAM provides to the Funds as compared to the Sub-Advisers, including that the role of a Sub-Adviser in making investment recommendations with respect to a Fund tracking an index is a rules-based function, with oversight by WTAM in seeking to ensure compliance with such rules. The Board also considered the role of a Sub-Adviser in making investment recommendations with respect to a Fund that is model-based, with oversight by WTAM in seeking to ensure consistency with such quantitative models. The Board also considered the entrepreneurial and expense risk borne by WTAM that is associated with Funds’ unitary fee structure, which frequently includes minimum fees (such as those to a Sub-Adviser), regardless of whether the asset size of a Fund has grown to a sufficient size.

Based on this review and the other factors considered at the Meeting, the Board concluded that, with respect to each Fund, the Fund’s performance, the fees paid to WTAM and the relevant Sub-Adviser and the Fund’s total expenses supported the Board’s approval and renewal of the relevant Agreements.

Analysis of Profitability and Economies of Scale. WTAM representatives reviewed the expenses allocated and profit received by WTAM and the resulting profitability percentage for managing each Fund and the aggregate profitability percentage to WTAM for managing the WisdomTree fund complex, and the method used to determine the expenses and profit.

The Board considered the profitability analysis (1) as part of its evaluation of whether the fees under the Agreements bear a reasonable relationship to the mix of services provided by WTAM and the Sub-Advisers, including the nature, extent and quality of such services, and (2) in light of the relevant circumstances for each Fund and the extent to which economies of scale would be realized if the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund shareholders. WTAM representatives noted that a discussion of economies of scale is predicated on a Fund having achieved a substantial size and that, if a Fund’s assets had been decreasing, the possibility that WTAM may have realized material economies of scale would be less. WTAM representatives also noted that, as a result of shared and allocated costs among the WisdomTree funds, the extent of economies of scale could depend substantially on the level of assets in the fund complex as a whole and the relative size and asset size changes among the Funds. The Board noted that, in the past, certain Funds had grown rapidly over a relatively short period of time after longer periods of slow or no growth, during which there were years of losses for WTAM in managing such Funds that had only recently turned profitable and years of substantial cumulative losses to WTAM in managing the fund complex as a whole. WTAM representatives stated that there has been significant volatility in the assets of individual Funds and in the fund complex as a whole over time (including volatility in profitability) and that it was not clear that current asset levels will be maintained. WTAM representatives noted that assets in certain Funds have diminished at times at a rapid rate (including during the last year) and could continue to do so. WTAM representatives also noted that economies of scale currently are shared with the Funds by way of the unitary fee structure of the Trust, as well as through additional investment in the WisdomTree business. The Board noted that the Contracts Review Committee had focused on the issue of economies of scale during its meetings. The Board also noted that it would continue to monitor the sharing of economies of scale, focusing in particular on Funds that have experienced significant asset growth, to determine the appropriateness of adding breakpoints in the future. The Board also considered potential benefits to WTAM and the Sub-Advisers from acting as investment adviser and sub-advisers, respectively, and noted that there were no soft dollar arrangements in effect for trading the Funds’ investments. Based on this review, the Board concluded that the profitability results were consistent with the services rendered and service levels provided by WTAM and the entrepreneurial risk WTAM has undertaken over time.

*    *    *    *    *    *

 

WisdomTree Trust      63  


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) (concluded)

 

At the conclusion of these discussions, the Board agreed that it had been furnished with sufficient information to make an informed business decision with respect to the approval to renew the Agreements. In evaluating the Agreements, the Board considered the conclusions and determinations discussed above and also relied on its previous knowledge, gained through meetings and other interactions with WTAM and the Sub-Advisers, of the Funds and the services provided to the Funds by WTAM and the Sub-Advisers. The Board also relied on information received on a routine and regular basis throughout the year relating to the operations of the Funds and the investment advisory and other services provided under the Agreements. In light of the foregoing, the Board, including a majority of the Independent Trustees, determined to approve the renewal of the Agreements.

 

64   WisdomTree Trust


General Information (unaudited)

 

Proxy Voting Policies, Procedures and Record

A complete copy of the Proxy Voting Policy may be obtained upon request, at no charge, by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o Foreside Fund Services, LLC, Three Canal Plaza Suite 100, Portland, ME, 04101.

The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent

12-month period ended June 30 and to file Form N-PX with the SEC no later than August 31 of each year. The current Form N-PX for the Funds is available at no charge upon request by calling 1-866-909-WISE (9473) or through the Trust’s website at www.wisdomtree.com. The Funds’ Form N-PX is also available on the SEC’s website at www.sec.gov.

Shareholder Reports and Quarterly Portfolio Disclosure

The Funds file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. Copies of the filings are available, without charge, on the SEC’s website at www.sec.gov and are also available by calling the Trust at 1-866-909-WISE (9473). Copies of the filings may also be obtained, after paying a duplicating fee, by electronic request at the following E-mail address: publicinfo@sec.gov.

Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.

The Statement of Additional Information (“SAI”) has additional information about the Funds’ Trustees and Officers and is available without charge upon request. Contact your financial representative for a free prospectus or SAI.

Frequency Distribution of Discounts & Premiums

Information about differences between the per share net asset value of each Fund and the market trading price of shares of each Fund are available, without charge, at www.wisdomtree.com.

 

WisdomTree Trust      65  


The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission as separate series (“Funds”) of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree, Inc., serves as the investment adviser to the Trust. None of the WisdomTree entities are affiliated with Foreside Fund Services, LLC, the Funds’ distributor. WisdomTree, its affiliates and their independent providers are not liable for any informational errors, incompleteness, delays, or for any actions taken in reliance on information contained herein.

There are risks associated with investing including possible loss of principal. Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Investments in real estate involve additional special risks, such as credit risk, interest rate fluctuations and the effect of varied economic conditions. Funds that focus their investments in one country or region may be significantly impacted by events and developments associated with the region which can adversely affect performance. Funds focusing on a single sector and/or smaller companies generally experience greater price volatility. Investments in emerging, offshore or frontier markets are generally less liquid and less efficient than investments in developed markets and are subject to additional risks, such as risks of adverse governmental regulation and intervention or political developments. Investments in currency involve additional special risks, such as credit risk and interest rate fluctuations. Derivative investments can be volatile and these investments may be less liquid than other securities, and more sensitive to the effect of varied economic conditions. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting such issuers. Due to the investment strategy of certain Funds they may make higher capital gain distributions than other ETFs. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.

Indexes are unmanaged and you cannot invest directly in an index.

Transactions in Fund shares will result in brokerage commissions and will generate tax consequences. Shares may be sold through brokerage accounts, but may be redeemed from the Funds only by Authorized Participants in large creation unit sizes of shares.

This report is intended for the Funds’ shareholders. It may not be distributed to prospective investors unless it is preceded or accompanied by the current prospectus.


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WisdomTree Trust

Semi-Annual Report

September 30, 2022

 

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

WisdomTree Europe SmallCap Dividend Fund (DFE)

WisdomTree International AI Enhanced Value Fund (AIVI)

WisdomTree International Equity Fund (DWM)

WisdomTree International High Dividend Fund (DTH)

WisdomTree International LargeCap Dividend Fund (DOL)

WisdomTree International MidCap Dividend Fund (DIM)

WisdomTree International Multifactor Fund (DWMF)

WisdomTree International Quality Dividend Growth Fund (IQDG)

WisdomTree International SmallCap Dividend Fund (DLS)

WisdomTree Japan SmallCap Dividend Fund (DFJ)


Table of Contents

 

Information about Performance and Shareholder Expense Examples (unaudited)

       1  

Performance Summary (unaudited)

       2  

Description of Terms and Indexes (unaudited)

       13  
Schedules of Investments (unaudited)     

WisdomTree Europe Quality Dividend Growth Fund

       16  

WisdomTree Europe SmallCap Dividend Fund

       19  

WisdomTree International AI Enhanced Value Fund

       23  

WisdomTree International Equity Fund

       25  

WisdomTree International High Dividend Fund

       34  

WisdomTree International Large Cap Dividend Fund

       40  

WisdomTree International Midcap Dividend Fund

       44  

WisdomTree International Multifactor Fund

       50  

WisdomTree International Quality Dividend Growth Fund

       54  

WisdomTree International SmallCap Dividend Fund

       58  

WisdomTree Japan SmallCap Dividend Fund

       68  

Statements of Assets and Liabilities (unaudited)

       77  

Statements of Operations (unaudited)

       80  

Statements of Changes in Net Assets (unaudited)

       83  

Financial Highlights (unaudited)

       87  

Notes to Financial Statements (unaudited)

       93  

Approval of Investment Advisory and Sub-Advisory Agreements (unaudited)

       106  

General Information (unaudited)

       109  

“WisdomTree” is a registered mark of WisdomTree, Inc. and is licensed for use by the WisdomTree Trust.


Information about Performance and Shareholder Expense Examples (unaudited)

Performance

The performance tables on the following pages are provided for comparative purposes and represent the period noted. Each Fund’s per share net asset value (“NAV”) is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the midpoint of the bid and ask price for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other exchange traded funds (“ETFs”), NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of a Fund’s portfolio securities.

Fund shares are bought and sold at market price (not NAV) and are not individually redeemed from a Fund. Fund NAV returns are calculated using a Fund’s daily 4:00 p.m. eastern time NAV. Market price returns reflect the midpoint of the bid and ask price as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period of less than one year are cumulative.

Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. For the most recent month-end performance information visit www.wisdomtree.com.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and an index is not available for direct investment. In comparison, the Funds’ performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or taxes that a shareholder would pay on Fund distributions. Past performance is no guarantee of future results.

Shareholder Expense Examples

Each Fund’s performance table is accompanied by a shareholder expense example. As a shareholder of a WisdomTree Fund, you incur two types of cost: (1) transaction costs, including brokerage commissions on purchases and sales of your Fund shares and (2) ongoing costs, including management fees and other Fund expenses. The examples are intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.

The examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2022 to September 30, 2022. Except where noted, expenses are calculated using each Fund’s annualized expense ratio (after the effect of contractual or voluntary fee waivers, if any), multiplied by the average account value for the period, multiplied by 183/365 (to reflect the one-half year period). The annualized expense ratio does not include acquired fund fees and expenses (“AFFEs”), which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies.

Actual expenses

The first line in the shareholder expense example table shown on the following pages provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During the Period” to estimate the expenses you paid on your account during the period.

Hypothetical example for comparison purposes

The second line in the shareholder expense example table shown on the following pages provides information about hypothetical account values and hypothetical expenses based on the Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.

 

WisdomTree Trust      1  


Performance Summary

 

as

of September 30, 2022 (unaudited)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Staples

    21.9%  

Industrials

    19.2%  

Health Care

    19.0%  

Materials

    14.8%  

Consumer Discretionary

    12.8%  

Information Technology

    3.6%  

Financials

    3.1%  

Communication Services

    2.2%  

Energy

    2.1%  

Utilities

    0.7%  

Real Estate

    0.1%  

Other Assets less Liabilities‡

    0.5%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Nestle SA, Registered Shares

    7.8%  

Roche Holding AG

    6.2%  

Rio Tinto Ltd.

    5.3%  

LVMH Moet Hennessy Louis Vuitton SE

    5.2%  

Unilever PLC

    4.7%  

Novo Nordisk A/S, Class B

    4.0%  

GSK PLC

    3.7%  

L’Oreal SA

    3.0%  

Anglo American PLC

    3.0%  

Industria de Diseno Textil SA

    2.4%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Europe Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies with growth characteristics in the European equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 760.10        0.58   $ 2.56  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

   
      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     Since Inception1  

Fund NAV Returns

     -23.99     -24.90     0.47     0.27     1.60

Fund Market Price Returns

     -24.70     -25.92     0.01     -0.08     1.37

WisdomTree Europe Quality Dividend Growth Index

     -24.01     -24.68     0.85     0.77     2.07

MSCI Europe Index

     -23.17     -24.80     -1.72     -1.24     0.00
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on May 7, 2014.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

2   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree Europe SmallCap Dividend Fund (DFE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    23.9%  

Financials

    19.0%  

Consumer Discretionary

    11.1%  

Materials

    8.5%  

Real Estate

    7.0%  

Information Technology

    6.9%  

Energy

    5.0%  

Communication Services

    4.9%  

Consumer Staples

    4.5%  

Utilities

    4.4%  

Health Care

    3.2%  

Other Assets less Liabilities‡

    1.6%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Diversified Energy Co. PLC

    2.3%  

BFF Bank SpA

    2.3%  

PostNL NV

    2.2%  

Drax Group PLC

    1.8%  

D/S Norden A/S

    1.7%  

TGS ASA

    1.4%  

Alm Brand A/S

    1.4%  

Sonae SGPS SA

    1.2%  

Bilfinger SE

    1.2%  

Ferrexpo PLC

    1.2%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Europe SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the European equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense
Ratio1
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 706.80        0.70   $ 3.00  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,021.56        0.70   $ 3.55  
1 

Included in the expense ratio are “Other fees” described in Note 6 which are not annualized. Without these expenses, the expense ratio would have been 0.58% and the actual and hypothetical expenses paid during the period would have been $2.48 and $2.94, respectively.

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -29.32      -33.06      -2.90      -4.35      5.81

Fund Market Price Returns

       -29.34      -33.55      -3.19      -4.63      5.65

WisdomTree Europe SmallCap Dividend Index

       -29.66      -33.23      -2.46      -4.06      6.46

MSCI Europe Small Cap Index

       -31.81      -38.22      -3.15      -3.18      5.40

MSCI Europe Index

       -23.17      -24.80      -1.72      -1.24      3.45
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      3  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree International AI Enhanced Value Fund (AIVI)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    22.0%  

Industrials

    15.8%  

Consumer Staples

    11.2%  

Materials

    10.4%  

Real Estate

    9.0%  

Health Care

    7.9%  

Utilities

    6.1%  

Communication Services

    5.4%  

Energy

    4.2%  

Consumer Discretionary

    3.9%  

Information Technology

    2.6%  

Investment Company

    0.4%  

Other Assets less Liabilities‡

    1.1%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description    % of Net Assets  

Swiss Re AG

     3.7%  

Mitsui & Co. Ltd.

     3.4%  

Aurizon Holdings Ltd.

     3.2%  

Henkel AG & Co. KGaA

     3.1%  

GSK PLC

     2.9%  

Publicis Groupe SA

     2.7%  

Imperial Brands PLC

     2.6%  

HeidelbergCement AG

     2.6%  

Holcim AG

     2.5%  

Eni SpA

     2.4%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International AI Enhanced Value Fund (the “Fund”) seeks income and capital appreciation by investing primarily in equity securities selected from a universe of developed market equities, excluding the United States and Canada, that exhibit value characteristics based on the selection results of a proprietary, quantitative artificial intelligence (AI) model developed by Voya Investment Management Co., LLC., the Fund’s sub-adviser. Prior to January 18, 2022, Fund performance reflects the investment objective of the Fund when it was the WisdomTree International Dividend ex-Financials Fund and tracked the price and yield performance, before fees and expenses, of the WisdomTree International Dividend ex-Financials Index (the “Former Index”). In seeking to track the Former Index, the Fund invested in high-dividend-yielding companies in the developed world excluding the U.S. and Canada, and excluding the financials sector.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio1
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 783.90        0.59   $ 2.64  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.11        0.59   $ 2.99  
1 

Included in the expense ratio are “Other fees” described in Note 6 which are not annualized. Without these expenses, the expense ratio would have been 0.58% and the actual and hypothetical expenses paid during the period would have been $2.59 and $2.94, respectively.

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns1

       -21.61      -21.61      -4.28      -2.07      1.59

Fund Market Price Returns1

       -21.53      -21.82      -4.59      -2.23      1.52

MSCI EAFE Value Index

       -21.35      -20.16      -2.79      -2.74      2.39
*

Returns of less than one year are cumulative.

 

1 

The Fund’s investment objective changed effective January 18, 2022. Prior to January 18, 2022, the Fund’s investment objective sought to track the price and yield performance, before fees and expenses, of the WisdomTree International Dividend ex-Financials Index.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

4   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree International Equity Fund (DWM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    22.3%  

Industrials

    12.6%  

Materials

    11.5%  

Consumer Staples

    10.2%  

Health Care

    9.5%  

Consumer Discretionary

    7.5%  

Communication Services

    7.5%  

Utilities

    6.0%  

Energy

    5.4%  

Real Estate

    3.5%  

Information Technology

    3.2%  

Other Assets less Liabilities‡

    0.8%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

BHP Group Ltd.

    2.9%  

Nestle SA, Registered Shares

    2.3%  

Rio Tinto Ltd.

    1.5%  

Novartis AG, Registered Shares

    1.5%  

Shell PLC

    1.3%  

Roche Holding AG

    1.2%  

Nippon Telegraph & Telephone Corp.

    1.2%  

Toyota Motor Corp.

    1.1%  

Commonwealth Bank of Australia

    1.1%  

LVMH Moet Hennessy Louis Vuitton SE

    1.0%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Equity Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio1
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 786.80        0.49   $ 2.19  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.61        0.49   $ 2.48  
1 

Included in the expense ratio are “Other fees” described in Note 6 which are not annualized. Without these expenses, the expense ratio would have been 0.48% and the actual and hypothetical expenses paid during the period would have been $2.15 and $2.43, respectively.

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -21.32      -20.10      -3.14      -2.22      2.90

Fund Market Price Returns

       -21.50      -20.68      -3.39      -2.46      2.86

WisdomTree International Equity Index

       -21.36      -19.98      -3.00      -2.01      3.12

MSCI EAFE Index

       -22.51      -25.13      -1.83      -0.84      3.67

MSCI EAFE Value Index

       -21.35      -20.16      -2.79      -2.74      2.39
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      5  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree International High Dividend Fund (DTH)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    23.8%  

Materials

    16.3%  

Communication Services

    13.1%  

Utilities

    9.5%  

Health Care

    7.7%  

Industrials

    7.5%  

Energy

    6.4%  

Consumer Staples

    6.2%  

Real Estate

    4.7%  

Consumer Discretionary

    2.6%  

Information Technology

    0.9%  

Investment Company

    0.5%  

Other Assets less Liabilities‡

    0.8%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

BHP Group Ltd.

    5.6%  

Rio Tinto Ltd.

    3.0%  

Novartis AG, Registered Shares

    3.0%  

Nippon Telegraph & Telephone Corp.

    2.3%  

SoftBank Corp.

    1.7%  

Unilever PLC

    1.7%  

BP PLC

    1.7%  

Fortescue Metals Group Ltd.

    1.7%  

Sanofi

    1.5%  

Commonwealth Bank of Australia

    1.4%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International High Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International High Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in high-dividend-yielding companies in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 791.00        0.58   $ 2.60  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -20.90      -15.77      -3.52      -2.60      2.18

Fund Market Price Returns

       -20.69      -15.52      -3.52      -2.67      2.17

WisdomTree International High Dividend Index

       -20.93      -15.62      -3.24      -2.35      2.48

MSCI EAFE Value Index

       -21.35      -20.16      -2.79      -2.74      2.39

MSCI EAFE Index

       -22.51      -25.13      -1.83      -0.84      3.67
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

6   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree International LargeCap Dividend Fund (DOL)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    23.6%  

Materials

    11.8%  

Health Care

    11.7%  

Consumer Staples

    11.6%  

Industrials

    9.7%  

Communication Services

    8.3%  

Consumer Discretionary

    7.0%  

Energy

    5.8%  

Utilities

    5.5%  

Information Technology

    2.5%  

Real Estate

    1.5%  

Investment Company

    0.1%  

Other Assets less Liabilities‡

    0.9%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

BHP Group Ltd.

    4.0%  

Nestle SA, Registered Shares

    3.2%  

Rio Tinto Ltd.

    2.1%  

Novartis AG, Registered Shares

    2.1%  

Shell PLC

    1.8%  

Roche Holding AG

    1.7%  

Nippon Telegraph & Telephone Corp.

    1.6%  

Toyota Motor Corp.

    1.6%  

Commonwealth Bank of Australia

    1.5%  

LVMH Moet Hennessy Louis Vuitton SE

    1.4%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International LargeCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International LargeCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying large-cap companies in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 792.90        0.48   $ 2.16  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.66        0.48   $ 2.43  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -20.71      -17.47      -2.84      -1.78      2.54

Fund Market Price Returns

       -20.41      -17.44      -2.97      -1.82      2.52

WisdomTree International LargeCap Dividend Index

       -20.73      -17.39      -2.64      -1.58      2.82

MSCI EAFE Index

       -22.51      -25.13      -1.83      -0.84      3.67

MSCI EAFE Value Index

       -21.35      -20.16      -2.79      -2.74      2.39
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      7  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree International MidCap Dividend Fund (DIM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    19.6%  

Industrials

    18.8%  

Materials

    9.9%  

Real Estate

    9.3%  

Utilities

    8.9%  

Consumer Discretionary

    8.2%  

Consumer Staples

    6.2%  

Communication Services

    5.7%  

Information Technology

    4.9%  

Energy

    4.1%  

Health Care

    3.4%  

Other Assets less Liabilities‡

    1.0%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Power Assets Holdings Ltd.

    1.1%  

Aker BP ASA

    1.1%  

Sompo Holdings, Inc.

    1.0%  

Koninklijke KPN NV

    1.0%  

Admiral Group PLC

    0.8%  

Terna—Rete Elettrica Nazionale

    0.8%  

ENEOS Holdings, Inc.

    0.8%  

Tryg A/S

    0.7%  

Suncorp Group Ltd.

    0.7%  

Mitsui OSK Lines Ltd.

    0.7%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International MidCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International MidCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying mid-cap companies in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 760.70        0.58   $ 2.56  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -23.93      -26.27      -4.32      -3.18      3.46

Fund Market Price Returns

       -23.95      -26.47      -4.53      -3.37      3.46

WisdomTree International MidCap Dividend Index

       -24.06      -26.35      -3.96      -2.80      3.89

MSCI EAFE Mid Cap Index

       -25.11      -30.85      -3.66      -2.29      4.07

MSCI EAFE Mid Cap Value Index

       -23.65      -25.72      -5.01      -3.19      4.01

MSCI EAFE Index

       -22.51      -25.13      -1.83      -0.84      3.67
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

8   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree International Multifactor Fund (DWMF)

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Staples

    15.6%  

Financials

    15.3%  

Industrials

    13.0%  

Health Care

    11.3%  

Communication Services

    9.3%  

Consumer Discretionary

    6.6%  

Energy

    6.5%  

Utilities

    6.4%  

Materials

    5.5%  

Real Estate

    4.4%  

Information Technology

    3.8%  

Other Assets less Liabilities‡

    2.3%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

La Francaise des Jeux SAEM

    1.5%  

GSK PLC

    1.4%  

Sanofi

    1.4%  

BAE Systems PLC

    1.2%  

Ipsen SA

    1.2%  

Roche Holding AG

    1.2%  

Bayerische Motoren Werke AG

    1.2%  

Novartis AG, Registered Shares

    1.1%  

Singapore Exchange Ltd.

    1.1%  

Bayer AG, Registered Shares

    1.1%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International Multifactor Fund (the “Fund”) seeks capital appreciation by investing primarily in equity securities of developed countries, excluding the U.S. and Canada, with the highest composite scores based on two fundamental factors, value and quality measures, and two technical factors, momentum and correlation. The Fund seeks to manage its currency risk by dynamically hedging currency fluctuations in the relative value of the applicable international currencies against the U.S. dollar, ranging from a 0% to 100% hedge.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 879.10        0.38   $ 1.79  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.16        0.38   $ 1.93  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      Since Inception1  

Fund NAV Returns

       -12.09      -13.54      -1.37      -0.16

Fund Market Price Returns

       -11.82      -13.23      -1.63      -0.19

MSCI EAFE Local Currency Index

       -11.14      -11.11      2.51      2.47

MSCI EAFE Index

       -22.51      -25.13      -1.83      -1.27
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on August 10, 2018.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      9  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree International Quality Dividend Growth Fund (IQDG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Health Care

    22.6%  

Materials

    18.8%  

Consumer Discretionary

    18.3%  

Industrials

    17.1%  

Information Technology

    10.1%  

Consumer Staples

    6.9%  

Energy

    2.3%  

Financials

    2.1%  

Communication Services

    1.3%  

Real Estate

    0.1%  

Utilities

    0.0%

Other Assets less Liabilities‡

    0.4%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

Novo Nordisk A/S, Class B

    6.3%  

Roche Holding AG

    5.7%  

LVMH Moet Hennessy Louis Vuitton SE

    5.7%  

BHP Group Ltd.

    5.2%  

Rio Tinto Ltd.

    4.8%  

Anglo American PLC

    4.5%  

Diageo PLC

    3.3%  

Industria de Diseno Textil SA

    3.3%  

Deutsche Post AG, Registered Shares

    2.1%  

CSL Ltd.

    2.1%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies with growth characteristics in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 741.10        0.42   $ 1.83  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.96        0.42   $ 2.13  

Performance

 

   
      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     Since Inception1  

Fund NAV Returns

     -25.89     -27.73     0.33     0.25     3.44

Fund Market Price Returns

     -25.79     -28.13     -0.03     0.01     3.36

WisdomTree International Quality Dividend Growth Index

     -26.01     -27.61     0.63     0.57     3.79

MSCI EAFE Index

     -22.51     -25.13     -1.83     -0.84     3.24
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on April 7, 2016.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

10   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree International SmallCap Dividend Fund (DLS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    23.0%  

Financials

    15.6%  

Materials

    11.4%  

Consumer Discretionary

    10.7%  

Real Estate

    9.0%  

Information Technology

    7.1%  

Consumer Staples

    6.9%  

Communication Services

    4.5%  

Utilities

    3.9%  

Health Care

    3.5%  

Energy

    3.1%  

Investment Company

    0.0%

Other Assets less Liabilities‡

    1.3%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

Cia de Distribucion Integral Logista Holdings SA

    1.0%  

NetLink NBN Trust

    0.8%  

Diversified Energy Co. PLC

    0.8%  

New Hope Corp. Ltd.

    0.8%  

Societe BIC SA

    0.7%  

Ferrexpo PLC

    0.7%  

BFF Bank SpA

    0.6%  

Metcash Ltd.

    0.6%  

PostNL NV

    0.6%  

Drax Group PLC

    0.6%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio1
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 772.40        0.60   $ 2.67  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.06        0.60   $ 3.04  
1 

Included in the expense ratio are “Other fees” described in Note 6 which are not annualized. Without these expenses, the expense ratio would have been 0.58% and the actual and hypothetical expenses paid during the period would have been $2.58 and $2.94, respectively.

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -22.76      -27.42      -3.21      -3.52      4.39

Fund Market Price Returns

       -22.26      -27.27      -3.28      -3.64      4.36

WisdomTree International SmallCap Dividend Index

       -22.92      -26.98      -2.45      -2.70      5.06

MSCI EAFE Small Cap Index

       -25.78      -32.06      -2.16      -1.79      5.28

MSCI EAFE Small Cap Value Index

       -24.30      -27.42      -2.83      -2.70      4.95

MSCI EAFE Index

       -22.51      -25.13      -1.83      -0.84      3.67
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      11  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    24.3%  

Consumer Discretionary

    16.3%  

Materials

    14.6%  

Financials

    13.6%  

Information Technology

    11.4%  

Consumer Staples

    6.8%  

Health Care

    3.9%  

Utilities

    2.3%  

Communication Services

    2.1%  

Real Estate

    1.5%  

Energy

    1.4%  

Investment Company

    0.3%  

Other Assets less Liabilities‡

    1.5%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Electric Power Development Co. Ltd.

    0.9%  

Nishimatsu Construction Co. Ltd.

    0.8%  

Toyo Seikan Group Holdings Ltd.

    0.8%  

Mebuki Financial Group, Inc.

    0.8%  

Cosmo Energy Holdings Co. Ltd.

    0.7%  

Aozora Bank Ltd.

    0.7%  

Sankyo Co. Ltd.

    0.7%  

Seven Bank Ltd.

    0.7%  

Konica Minolta, Inc.

    0.6%  

SHO-BOND Holdings Co. Ltd.

    0.5%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Japan SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the Japanese equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 867.90        0.58   $ 2.72  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -13.21      -24.20      -3.49      -3.17      5.01

Fund Market Price Returns

       -12.13      -23.83      -3.71      -3.18      5.09

WisdomTree Japan SmallCap Dividend Index

       -13.21      -24.19      -3.28      -2.69      5.59

MSCI Japan Small Cap Index

       -15.39      -27.56      -4.04      -2.29      5.47

MSCI Japan Index

       -21.18      -29.30      -2.65      -0.63      4.84
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

12   WisdomTree Trust


Description of Terms and Indexes (unaudited)

Below are descriptions of certain terms and of each Index referenced in this report:

Growth is generally characterized by higher price levels relative to fundamentals, such as

dividends or earnings. Price levels are higher because investors are willing to pay more due to their expectations of future improvements in these fundamentals.

The MSCI EAFE Index is a market cap-weighted index composed of companies representative of the developed market structure of developed countries in Europe,

Australasia and Japan.

The MSCI EAFE Local Currency Index is a free float-adjusted market capitalization weighted index that is designed to measure developed market equity performance, excluding the U.S. and Canada, calculated in local currency.

The MSCI EAFE Mid Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of mid-capitalization equities in the developed markets, excluding the U.S. and Canada.

The MSCI EAFE Mid Cap Value Index captures mid cap securities exhibiting overall value style characteristics across Developed Markets countries, excluding the U.S. and Canada.

The MSCI EAFE Small Cap Index is a free float-adjusted market capitalization equity index that is designed to measure the performance of small-cap stocks within the developed equity market, excluding the U.S. and Canada.

The MSCI EAFE Small Cap Value Index captures small cap securities exhibiting overall value style characteristics across Developed Markets countries, excluding the U.S. and Canada.

The MSCI EAFE Value Index is a free float-adjusted market capitalization index that is designed to measure the performance of the “value” stocks within the developed equity market, excluding the U.S. and Canada.

The MSCI Europe Index is a free float-adjusted market capitalization index that is designed to measure the performance of large- and mid-cap stocks within developed market European countries.

The MSCI Europe Small Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of “small” stocks within developed market

European countries.

The MSCI Japan Small Cap Index is a free float-adjusted market capitalization index that

is designed to measure the performance of small cap stocks within Japan.

The MSCI Japan Index is a free float-adjusted market capitalization index that is designed to measure the performance of the Japanese equity market.

Quality is generally characterized by higher efficiency and profitability. Typical measures include earnings, return-on-equity, return on assets, operating profitability as well as others. This term is also related to the quality factor, which associates these stock characteristics with excess returns vs. the market over time.

Return-on-Equity (ROE) measures a corporation’s profitability by revealing how much profit a company generates with the money shareholders have invested.

The WisdomTree Europe Quality Dividend Growth Index is a fundamentally weighted index that measures the performance of dividend-paying common stocks with growth characteristics selected from the WisdomTree International Equity Index.

The WisdomTree Europe SmallCap Dividend Index is a fundamentally weighted index that measures the performance of the small-capitalization segment of the European dividend-paying market.

The WisdomTree International Dividend ex-Financials Index measures the performance

of high dividend-yielding international stocks outside the financial sector.

 

WisdomTree Trust      13  


Description of Terms and Indexes (unaudited) (continued)

 

 

The WisdomTree International Equity Index is a fundamentally weighted Index that measures the performance of dividend-paying companies in the industrialized world, excluding Canada and the United States.

The WisdomTree International High Dividend Index is comprised of companies with high dividend yields selected from the WisdomTree International Equity Index.

The WisdomTree International LargeCap Dividend Index is comprised of the large-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

The WisdomTree International MidCap Dividend Index is comprised of the mid-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

The WisdomTree International Quality Dividend Growth Index is a fundamentally weighted index designed to provide exposure to dividend paying developed market companies.

The WisdomTree International SmallCap Dividend Index is comprised of the small-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

The WisdomTree Japan SmallCap Dividend Index is comprised of dividend-paying

small-capitalization companies in Japan.

The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s (“S&P”), a division of The McGraw-Hill Companies, Inc. and is licensed for use by WisdomTree, Inc. Neither MSCI, S&P nor any other party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.

Neither MSCI nor any other party involved in or related to compiling, computing or creating the

MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.

WisdomTree, Inc. and WisdomTree Asset Management, Inc. (together, “WisdomTree”) and the Funds make no representation or warranty, express or implied, to the owners of shares of the Funds or any member of the public regarding the advisability of investing in securities generally or in the Funds particularly or the ability of the underlying Indexes to track the performance of their underlying securities. WisdomTree is the licensor of certain trademarks, service marks and trade names of the Funds. WisdomTree has no obligation to take the needs of the Funds or the owners of shares of the Funds into consideration in determining, composing, or calculating the underlying WisdomTree Indexes of the applicable Funds. WisdomTree is not responsible for, and has not participated in, the determination of the timing of, prices of, or quantities of shares of the Funds to be issued or in the determination or calculation of the equation by which the shares of the Funds are redeemable. WisdomTree and the Funds do not guarantee the accuracy, completeness, or performance of the underlying Indexes or the data included therein and shall have no liability in connection with the underlying Indexes or their calculation.

 

14   WisdomTree Trust


Description of Terms and Indexes (unaudited) (concluded)

 

Index performance information assumes the reinvestment of dividends and excludes management fees, transaction costs and expenses. You cannot directly invest in an index.

* * * * * *

Abbreviations used in the schedules of investments and related tables included in this report are as follows:

 

Currency abbreviations:           
AUD   Australian dollar    JPY   Japanese yen
CHF   Swiss franc    NOK   Norwegian krone
DKK   Danish krone    NZD   New Zealand dollar
EUR   Euro    SEK   Swedish krona
GBP   British pound    SGD   Singapore dollar
HKD   Hong Kong dollar    USD   U.S. dollar
ILS   Israeli new shekel     
Other abbreviations:           
CVA   Certificaten Van Aandelen (Certificate of Stock)
RSP   Risparmio Italian Savings Shares

 

WisdomTree Trust      15  


Schedule of Investments (unaudited)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.5%

 

Australia – 5.3%

 

Rio Tinto Ltd.

     46,473      $ 2,539,936  
Austria – 1.1%

 

Andritz AG

     1,439        61,520  

Kontron AG

     1,044        14,901  

OMV AG

     8,620        315,574  

Telekom Austria AG*

     16,218        93,898  

Wienerberger AG

     1,759        35,498  
     

 

 

 
Total Austria               521,391  
Belgium – 0.1%

 

Melexis NV

     849        58,221  
Denmark – 6.9%

 

AP Moller – Maersk A/S, Class B

     83        151,622  

Carlsberg A/S, Class B

     1,860        219,037  

Coloplast A/S, Class B

     2,708        276,798  

DSV A/S

     397        46,866  

H Lundbeck A/S

     9,797        31,386  

H Lundbeck A/S, Class A*

     2,450        7,310  

Novo Nordisk A/S, Class B

     19,164        1,922,485  

Novozymes A/S, Class B

     2,105        106,277  

Orsted A/S(a)

     4,285        342,974  

Royal Unibrew A/S

     728        47,469  

Scandinavian Tobacco Group A/S, Class A(a)

     3,973        57,842  

SimCorp A/S

     420        23,789  

Vestas Wind Systems A/S

     3,626        67,658  
     

 

 

 
Total Denmark               3,301,513  
Finland – 4.1%

 

Elisa Oyj

     5,036        228,669  

Kesko Oyj, Class A(b)

     3,111        56,138  

Kesko Oyj, Class B

     5,478        102,742  

Kone Oyj, Class B

     7,427        288,197  

Metso Outotec Oyj

     10,789        72,464  

Neste Oyj

     9,596        421,152  

Nokian Renkaat Oyj

     3,877        37,601  

Orion Oyj, Class B

     3,436        145,011  

Tokmanni Group Corp.

     2,424        26,549  

UPM-Kymmene Oyj

     17,768        567,101  

Valmet Oyj

     2,307        47,077  
     

 

 

 
Total Finland               1,992,701  
France – 17.7%

 

Arkema SA

     1,247        91,719  

BioMerieux

     578        46,092  

Bureau Veritas SA

     3,586        80,729  

Capgemini SE

     1,450        235,091  

Cie de Saint-Gobain

     6,388        231,859  

Cie Generale des Etablissements Michelin SCA

     9,389        212,978  

Eiffage SA

     2,070        167,340  

Hermes International

     293        349,325  

IPSOS

     981        44,112  

Kering SA

     1,209        543,105  

L’Oreal SA

     4,518        1,461,706  

La Francaise des Jeux SAEM(a)

     3,172      94,684  

Legrand SA

     2,263        147,782  

LVMH Moet Hennessy Louis Vuitton SE

     4,178        2,498,353  

Remy Cointreau SA(b)

     446        74,670  

Safran SA

     983        90,531  

Sartorius Stedim Biotech

     133        41,316  

Schneider Electric SE

     5,883        673,958  

SEB SA(b)

     779        49,376  

Sopra Steria Group SACA

     287        36,691  

Teleperformance

     241        61,597  

Television Francaise 1

     9,510        54,921  

Thales SA

     2,835        313,836  

Trigano SA

     552        48,993  

Verallia SA(a)

     2,879        65,208  

Vinci SA

     9,674        788,213  
     

 

 

 
Total France               8,504,185  
Germany – 7.1%

 

adidas AG

     1,672        194,722  

Aurubis AG

     714        37,757  

Bechtle AG

     861        31,318  

Brenntag SE

     1,683        102,849  

Carl Zeiss Meditec AG, Bearer Shares

     296        31,158  

Covestro AG(a)

     3,385        97,958  

Dermapharm Holding SE

     510        18,626  

Deutsche Post AG, Registered Shares

     16,582        505,449  

Fielmann AG

     1,689        54,537  

Hapag-Lloyd AG(a)

     1,811        309,943  

Infineon Technologies AG

     6,222        138,426  

Instone Real Estate Group SE(a)

     824        6,870  

Knorr-Bremse AG

     1,611        70,041  

ProSiebenSat.1 Media SE

     7,504        53,709  

Siemens AG, Registered Shares

     11,458        1,135,952  

Siemens Healthineers AG(a)

     12,106        525,145  

Symrise AG

     963        94,765  

Varta AG

     478        13,744  

VERBIO Vereinigte BioEnergie AG

     156        9,246  
     

 

 

 
Total Germany               3,432,215  
Ireland – 1.1%

 

CRH PLC(b)

     15,155        490,977  

Kingspan Group PLC

     490        22,244  
     

 

 

 
Total Ireland               513,221  
Italy – 1.6%

 

Amplifon SpA

     986        25,984  

Anima Holding SpA(a)

     15,095        43,328  

BFF Bank SpA(a)

     17,757        118,638  

Buzzi Unicem SpA

     2,493        35,620  

Davide Campari-Milano NV

     4,420        39,455  

De’ Longhi SpA(b)

     1,969        29,069  

DiaSorin SpA(b)

     302        33,964  

Ferrari NV

     687        129,018  

GVS SpA*(a)

     1,976        11,673  

Moncler SpA

     1,901        78,944  

Pirelli & C. SpA(a)

     11,845        38,989  

 

See Notes to Financial Statements.

 

16   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

September 30, 2022

 

 

 

Investments    Shares      Value  

RAI Way SpA(a)

     11,143      $ 51,023  

Recordati Industria Chimica e Farmaceutica SpA

     3,403        125,649  

Technogym SpA(a)

     4,053        25,491  
     

 

 

 
Total Italy               786,845  
Netherlands – 4.9%

 

ASM International NV

     255        58,393  

ASML Holding NV

     1,329        564,527  

BE Semiconductor Industries NV

     1,465        63,995  

Euronext NV(a)

     1,311        83,609  

Heineken NV

     4,919        433,026  

IMCD NV

     189        22,700  

Koninklijke KPN NV

     166,999        453,501  

Randstad NV(b)

     5,165        225,570  

RHI Magnesita NV

     1,655        31,204  

Signify NV(a)

     2,321        60,550  

STMicroelectronics NV(b)

     4,158        131,367  

Wolters Kluwer NV

     2,244        219,658  
     

 

 

 
Total Netherlands               2,348,100  
Norway – 2.0%

 

AF Gruppen ASA

     3,656        46,433  

Aker BP ASA(b)

     8,364        239,931  

Atea ASA*

     3,435        30,639  

Kongsberg Gruppen ASA

     3,153        96,061  

Mowi ASA

     3,461        43,988  

Norsk Hydro ASA

     30,516        164,772  

Yara International ASA

     9,363        329,334  
     

 

 

 
Total Norway               951,158  
Portugal – 0.4%

 

Altri SGPS SA

     9,053        45,896  

Jeronimo Martins SGPS SA

     7,277        135,806  
     

 

 

 
Total Portugal               181,702  
Spain – 4.4%

 

Acerinox SA

     9,927        79,725  

Banco Bilbao Vizcaya Argentaria SA

     127,845        578,687  

Cie Automotive SA

     2,346        48,907  

Faes Farma SA(b)

     18,624        67,689  

Fluidra SA(b)

     2,008        30,530  

Grifols SA*(b)

     6,054        52,677  

Industria de Diseno Textil SA

     55,757        1,162,363  

Viscofan SA

     1,280        70,096  
     

 

 

 
Total Spain               2,090,674  
Sweden – 4.9%

 

AAK AB

     3,559        47,256  

Alfa Laval AB

     3,592        90,112  

Assa Abloy AB, Class B

     8,969        169,480  

Atlas Copco AB, Class A

     23,837        225,106  

Atlas Copco AB, Class B

     13,819        116,131  

Axfood AB

     6,113        140,410  

Bilia AB, Class A

     3,641        41,897  

Catena AB

     707        21,087  

Dustin Group AB(a)

     2,618        10,375  

Elekta AB, Class B

     7,167        36,721  

Epiroc AB, Class A

     5,973      86,197  

Epiroc AB, Class B

     1,860        23,632  

EQT AB

     4,151        81,954  

Evolution AB(a)

     767        61,291  

Hexagon AB, Class B

     13,720        129,442  

Hexpol AB

     6,742        55,832  

Husqvarna AB, Class B

     8,468        47,386  

Indutrade AB

     2,078        34,154  

JM AB

     2,220        30,947  

Mycronic AB

     1,539        18,722  

Nibe Industrier AB, Class B

     3,697        33,347  

Nordnet AB publ

     1,937        22,097  

Paradox Interactive AB

     814        13,031  

Samhallsbyggnadsbolaget i Norden AB(b)

     15,150        16,607  

Sandvik AB

     14,055        193,205  

SKF AB, Class B(b)

     7,428        100,568  

Thule Group AB(a)(b)

     1,594        32,103  

Volvo AB, Class A

     8,033        119,292  

Volvo AB, Class B

     25,050        356,828  
     

 

 

 
Total Sweden               2,355,210  
Switzerland – 19.1%

 

Adecco Group AG, Registered Shares

     4,844        134,899  

Coca-Cola HBC AG

     6,167        130,387  

EMS-Chemie Holding AG, Registered Shares

     334        213,278  

Geberit AG, Registered Shares

     361        156,797  

Kuehne + Nagel International AG, Registered Shares(b)

     1,006        206,464  

Logitech International SA, Registered Shares(b)

     1,586        74,043  

Nestle SA, Registered Shares

     34,471        3,750,221  

Partners Group Holding AG

     377        308,188  

Roche Holding AG

     9,101        2,990,824  

Roche Holding AG, Bearer Shares(b)

     2,032        800,619  

Schindler Holding AG, Participation Certificate

     390        61,279  

Schindler Holding AG, Registered Shares

     649        98,908  

SFS Group AG

     368        31,855  

Sonova Holding AG, Registered Shares

     444        99,243  

Straumann Holding AG, Registered Shares

     432        40,310  

Temenos AG, Registered Shares

     471        32,272  

VAT Group AG(a)

     221        45,760  
     

 

 

 
Total Switzerland               9,175,347  
United Kingdom – 15.1%

 

Abrdn PLC

     66,961        103,975  

Alpha FX Group PLC

     551        10,456  

Anglo American PLC

     46,367        1,415,880  

Antofagasta PLC

     19,845        247,116  

Ashmore Group PLC(b)

     22,592        49,708  

Ashtead Group PLC

     1,286        58,657  

Bellway PLC

     1,915        36,405  

Britvic PLC

     6,952        55,682  

Burberry Group PLC

     5,175        104,445  

Computacenter PLC

     1,682        36,294  

Croda International PLC

     795        57,206  

Diageo PLC

     24,816        1,051,987  

 

See Notes to Financial Statements.

 

WisdomTree Trust      17  


Schedule of Investments (unaudited) (concluded)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

September 30, 2022

 

 

 

Investments    Shares      Value  

Dunelm Group PLC(b)

     3,088      $ 25,164  

Ferrexpo PLC

     41,217        55,949  

Fresnillo PLC(b)

     10,889        93,499  

Games Workshop Group PLC

     353        22,835  

Halma PLC

     1,488        33,969  

Hargreaves Lansdown PLC(b)

     8,687        84,095  

Hikma Pharmaceuticals PLC

     2,246        34,186  

Howden Joinery Group PLC

     4,670        26,337  

Impax Asset Management Group PLC(b)

     1,442        8,451  

Intertek Group PLC

     1,457        60,292  

Mondi PLC

     8,042        125,143  

RELX PLC

     15,804        388,477  

Rentokil Initial PLC(b)

     11,165        59,513  

Rightmove PLC

     6,582        35,430  

Rotork PLC

     10,394        27,174  

RS Group PLC

     3,405        36,832  

Savills PLC

     2,478        22,005  

Softcat PLC

     2,100        27,896  

Spirax-Sarco Engineering PLC

     306        35,525  

Synthomer PLC

     8,301        9,869  

Taylor Wimpey PLC

     111,446        109,851  

Tesco PLC

     147,063        339,496  

TI Fluid Systems PLC(a)(b)

     9,665        13,055  

Unilever PLC

     51,290        2,272,451  

Victrex PLC

     1,617        30,144  

Vistry Group PLC(b)

     4,291      28,213  
     

 

 

 
Total United Kingdom               7,233,662  
United States – 3.7%

 

GSK PLC

     120,798        1,760,829  
TOTAL COMMON STOCKS
(Cost: $62,748,122)
              47,746,910  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.7%

 

United States – 4.7%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

 

(Cost: $2,258,555)      2,258,555        2,258,555  
TOTAL INVESTMENTS IN SECURITIES – 104.2%
(Cost: $65,006,677)
        50,005,465  

Other Assets less Liabilities – (4.2)%

        (2,013,915
     

 

 

 
NET ASSETS – 100.0%             $ 47,991,550  
* 

Non-income producing security.

 

(a) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $2,562,655 and the total market value of the collateral held by the Fund was $2,710,099. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $451,544.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and

Description of

Currency to

be Purchased

   

Amount and

Description of

Currency to

be Sold

   

Unrealized

Appreciation

   

Unrealized

Depreciation

 

Bank of America NA

    10/4/2022       4,138       USD       45,051       NOK     $ 4     $  

Deutsche Bank AG

    10/4/2022       8,543       USD       7,656       GBP             (3

UBS AG

    10/4/2022       12,976       USD       13,243       EUR       2        
                              $ 6     $ (3

 

FAIR VALUATION SUMMARY     

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other

Significant

Observable

Inputs

(Level 2)

   

Significant

Unobservable

Inputs

(Level 3)

     Total  

Assets:

 

    

Investments in Securities

 

    

Common Stocks

   $ 47,746,910      $     $      $ 47,746,910  

Investment of Cash Collateral for Securities Loaned

            2,258,555              2,258,555  

Total Investments in Securities

   $ 47,746,910      $ 2,258,555     $      $ 50,005,465  

Financial Derivative Instruments

 

    

Foreign Currency Contracts1

   $      $ 6     $      $ 6  

Liabilities:

 

    

Financial Derivative Instruments

 

    

Foreign Currency Contracts1

   $      $ (3   $      $ (3

Total – Net

   $ 47,746,910      $ 2,258,558     $      $ 50,005,468  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

18   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.4%

 

Austria – 1.6%

 

AT&S Austria Technologie & Systemtechnik AG

     13,866      $ 457,096  

Kontron AG(a)

     27,098        386,783  

POLYTEC Holding AG(a)

     44,194        196,341  

S IMMO AG(a)

     50,490        1,122,799  

Semperit AG Holding(a)

     24,380        410,802  

Zumtobel Group AG

     34,574        203,223  
     

 

 

 
Total Austria               2,777,044  
Belgium – 2.9%

 

Befimmo SA(a)

     42,566        1,947,379  

Bekaert SA

     56,973        1,444,456  

Deceuninck NV(a)

     89,943        167,766  

Fagron

     26,376        325,316  

Ion Beam Applications

     16,347        192,172  

Recticel SA

     28,323        372,915  

Xior Student Housing NV(a)

     17,800        556,265  
     

 

 

 
Total Belgium               5,006,269  
Denmark – 6.4%

 

Alm Brand A/S

     2,049,752        2,511,587  

Cementir Holding NV

     116,301        636,892  

Chemometec A/S

     3,669        279,892  

D/S Norden A/S

     68,153        2,885,990  

FLSmidth & Co. A/S

     14,464        316,154  

Huscompagniet A/S

     15,218        87,921  

Matas A/S

     22,616        201,133  

Per Aarsleff Holding A/S

     14,900        366,321  

Scandinavian Tobacco Group A/S, Class A(b)

     102,589        1,493,575  

Spar Nord Bank A/S

     97,213        1,086,136  

Sydbank A/S

     47,123        1,295,123  
     

 

 

 
Total Denmark               11,160,724  
Finland – 4.5%

 

Aktia Bank Oyj

     73,289        694,282  

Caverion Oyj

     68,627        288,755  

Kamux Corp.(a)

     24,163        125,458  

Kemira Oyj

     161,635        1,797,223  

Lassila & Tikanoja Oyj(a)

     30,851        301,325  

Musti Group Oyj*

     11,015        192,293  

Oma Saastopankki Oyj

     23,533        402,525  

Revenio Group Oyj

     5,580        208,381  

Rovio Entertainment Oyj(a)(b)

     52,090        290,616  

Suominen Oyj(a)

     55,599        143,522  

Talenom Oyj(a)

     18,364        158,314  

Terveystalo Oyj(b)

     73,585        596,164  

Tokmanni Group Corp.

     102,397        1,121,501  

Uponor Oyj

     59,512        785,896  

Verkkokauppa.com Oyj(a)

     55,839        166,843  

YIT Oyj(a)

     204,824        576,685  
     

 

 

 
Total Finland               7,849,783  
France – 4.6%

 

AKWEL(a)

     16,287        233,270  

Chargeurs SA

     43,643        507,073  

Coface SA

     195,677      1,885,319  

Fnac Darty SA

     14,376        399,970  

Groupe SFPI

     84,100        173,016  

IPSOS

     46,191        2,077,021  

Kaufman & Broad SA(a)

     20,370        402,103  

Lectra

     8,615        239,687  

Maisons du Monde SA(a)(b)

     20,821        165,116  

Mersen SA

     13,830        386,811  

Quadient SA

     26,992        376,280  

Television Francaise 1

     189,132        1,092,244  
     

 

 

 
Total France               7,937,910  
Germany – 7.6%

 

Aareal Bank AG

     27,389        885,980  

AURELIUS Equity Opportunities SE & Co. KGaA

     36,630        684,319  

Bilfinger SE

     83,778        2,117,486  

CANCOM SE

     14,105        336,605  

CropEnergies AG

     84,371        1,018,298  

Deutsche Pfandbriefbank AG(b)

     99,513        691,189  

DIC Asset AG

     55,590        423,144  

Eckert & Ziegler Strahlen – und Medizintechnik AG

     3,191        107,474  

Encavis AG

     72,771        1,317,441  

GFT Technologies SE

     6,328        190,936  

GRENKE AG

     11,548        211,553  

Hamborner REIT AG

     97,982        677,676  

Hamburger Hafen und Logistik AG

     54,231        592,902  

Hensoldt AG

     30,064        605,243  

Hornbach Holding AG & Co. KGaA

     8,853        558,531  

Instone Real Estate Group SE(b)

     23,244        193,781  

Jenoptik AG

     13,484        268,683  

JOST Werke AG(b)

     8,901        311,299  

MLP SE

     45,051        229,498  

Mutares SE & Co. KGaA(a)

     26,262        382,826  

NORMA Group SE

     18,116        245,446  

PATRIZIA SE

     33,944        350,489  

Wacker Neuson SE

     47,627        628,480  

Wuestenrot & Wuerttembergische AG

     19,667        262,413  
     

 

 

 
Total Germany               13,291,692  
Ireland – 0.5%

 

Kenmare Resources PLC

     70,470        307,582  

Origin Enterprises PLC

     101,406        360,116  

Uniphar PLC*(a)

     65,190        201,170  
     

 

 

 
Total Ireland               868,868  
Italy – 11.3%

 

Alerion Cleanpower SpA(a)

     21,545        697,572  

Anima Holding SpA(b)

     679,453        1,950,284  

Ascopiave SpA

     82,649        170,840  

Avio SpA(a)

     19,990        179,970  

Banca IFIS SpA

     48,248        537,889  

Banca Popolare di Sondrio SpA(a)

     322,712        1,072,363  

BFF Bank SpA(b)

     600,939        4,015,000  

Cairo Communication SpA

     129,526        179,169  

Credito Emiliano SpA

     262,808        1,490,692  

 

See Notes to Financial Statements.

 

WisdomTree Trust      19  


Schedule of Investments (unaudited) (continued)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2022

 

 

 

Investments    Shares      Value  

Danieli & C. Officine Meccaniche SpA, RSP

     28,999      $ 347,724  

Datalogic SpA(a)

     18,650        119,306  

doValue SpA(b)

     74,629        396,258  

El.En. SpA

     22,444        255,492  

Emak SpA

     187,082        163,664  

Esprinet SpA

     67,401        414,004  

Gruppo MutuiOnline SpA

     15,926        313,286  

GVS SpA*(a)(b)

     56,861        335,894  

Maire Tecnimont SpA(a)

     315,182        746,601  

MARR SpA

     32,365        306,601  

Piaggio & C. SpA

     549,281        1,117,102  

RAI Way SpA(b)

     235,139        1,076,674  

Salcef Group SpA

     54,226        745,840  

Sanlorenzo SpA

     13,232        427,122  

SOL SpA

     43,427        667,929  

Technogym SpA(a)(b)

     135,684        853,364  

Tinexta SpA(a)

     8,233        154,373  

Unieuro SpA(a)(b)

     71,550        719,164  

Zignago Vetro SpA

     21,548        233,471  
     

 

 

 
Total Italy               19,687,648  
Netherlands – 5.3%

 

AMG Advanced Metallurgical Group NV

     7,376        168,219  

Brunel International NV

     35,404        296,891  

Eurocommercial Properties NV

     38,406        766,033  

Heijmans NV, CVA(a)

     64,329        603,100  

Ordina NV

     286,745        1,074,480  

PostNL NV(a)

     2,275,163        3,840,331  

RHI Magnesita NV

     53,352        1,005,914  

TKH Group NV, CVA

     27,365        895,391  

Wereldhave NV(a)

     46,062        530,214  
     

 

 

 
Total Netherlands               9,180,573  
Norway – 5.5%

 

ABG Sundal Collier Holding ASA

     684,733        346,851  

Atea ASA*

     83,185        741,984  

Austevoll Seafood ASA

     130,509        883,254  

Bonheur ASA

     16,599        470,678  

Borregaard ASA

     52,691        621,814  

Europris ASA(b)

     239,229        1,195,349  

Kid ASA(b)

     47,923        322,353  

Kitron ASA(a)

     277,385        479,055  

Komplett Bank ASA*(a)

     328,048        152,626  

Multiconsult ASA(b)

     30,449        368,833  

Selvaag Bolig ASA

     53,108        154,734  

SpareBank 1 Nord Norge

     55,556        416,011  

SpareBank 1 SMN

     48,924        500,139  

Sparebanken Vest

     50,674        380,383  

TGS ASA

     204,308        2,512,310  
     

 

 

 
Total Norway               9,546,374  
Peru – 0.1%

 

Hochschild Mining PLC

     242,139        159,477  
Portugal – 2.3%

 

Altri SGPS SA

     281,212        1,425,657  

Corticeira Amorim SGPS SA

     29,802      265,679  

CTT – Correios de Portugal SA(a)

     81,984        217,655  

Sonae SGPS SA

     2,693,236        2,175,384  
     

 

 

 
Total Portugal               4,084,375  
Spain – 3.8%

 

Aedas Homes SA(b)

     74,938        1,068,893  

Applus Services SA

     79,956        449,216  

Audax Renovables SA*(a)

     227,655        186,223  

ContourGlobal PLC(b)

     212,754        598,493  

Faes Farma SA

     264,466        961,202  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros

     659,586        621,609  

Neinor Homes SA(a)(b)

     91,382        835,243  

Pharma Mar SA

     5,059        269,411  

Sacyr SA(a)

     752,637        1,650,124  
     

 

 

 
Total Spain               6,640,414  
Sweden – 11.2%

 

AcadeMedia AB(b)

     97,859        425,915  

Akelius Residential Property AB, Class D(a)

     284,420        461,972  

Alimak Group AB(a)(b)

     28,262        151,019  

Ambea AB(b)

     59,286        208,349  

Beijer Alma AB

     33,770        443,673  

Bergman & Beving AB

     27,593        205,378  

Bilia AB, Class A

     125,132        1,439,906  

BioGaia AB, Class B

     21,315        147,894  

Biotage AB

     10,294        154,723  

Bonava AB, Class B(a)

     101,990        240,971  

Bufab AB

     13,662        247,449  

Byggmax Group AB

     104,825        352,329  

Catena AB

     25,814        769,942  

Clas Ohlson AB, Class B(a)

     126,235        758,149  

Cloetta AB, Class B

     246,879        391,758  

Coor Service Management Holding AB(b)

     108,334        737,521  

Dios Fastigheter AB

     172,050        1,092,221  

Dustin Group AB(a)(b)

     70,665        280,049  

Eolus Vind AB, Class B(a)

     9,477        100,257  

Fagerhult AB

     56,308        189,765  

Ferronordic AB(a)

     22,850        59,712  

G5 Entertainment AB(a)

     3,855        66,036  

GARO AB(a)

     4,954        43,815  

Granges AB

     37,654        243,279  

HMS Networks AB

     9,277        252,124  

Instalco AB(a)

     48,810        197,241  

Inwido AB

     72,157        572,184  

JM AB

     74,665        1,040,836  

Karnov Group AB*

     57,522        281,973  

KNOW IT AB

     14,071        283,259  

Lagercrantz Group AB, Class B(a)

     59,966        527,658  

Lindab International AB

     45,869        515,419  

Loomis AB

     59,707        1,475,257  

Midsona AB, Class B

     53,625        75,092  

MIPS AB(a)

     4,329        130,133  

Munters Group AB(a)(b)

     60,567        426,520  

 

See Notes to Financial Statements.

 

20   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2022

 

 

 

Investments    Shares      Value  

Mycronic AB

     41,129      $ 500,330  

NCC AB, Class B

     103,164        746,481  

Nobia AB

     180,362        339,352  

Nordic Waterproofing Holding AB(a)

     24,914        336,303  

Paradox Interactive AB

     25,176        403,020  

Platzer Fastigheter Holding AB, Class B

     46,620        281,463  

Pricer AB, Class B(a)

     135,251        214,500  

Ratos AB, Class B

     134,615        462,040  

Rottneros AB(a)

     236,817        289,366  

Scandi Standard AB*

     60,514        253,344  

Troax Group AB

     16,069        228,202  

Vitec Software Group AB, Class B

     5,712        169,649  

Volati AB

     25,877        229,215  
     

 

 

 
Total Sweden               19,443,043  
Switzerland – 4.3%

 

Arbonia AG(a)

     68,958        793,096  

Comet Holding AG, Registered Shares

     1,233        181,395  

EFG International AG

     80,115        638,967  

Huber + Suhner AG, Registered Shares

     14,946        1,193,554  

Landis + Gyr Group AG*

     30,637        1,674,646  

Mobilezone Holding AG, Registered Shares

     90,276        1,366,637  

Valiant Holding AG, Registered Shares

     14,579        1,392,356  

Zehnder Group AG

     5,822        298,124  
     

 

 

 
Total Switzerland               7,538,775  
United Kingdom – 26.5%

 

AJ Bell PLC

     166,412        500,081  

Alliance Pharma PLC

     314,950        195,126  

Anglo Asian Mining PLC

     139,379        111,246  

Bloomsbury Publishing PLC

     78,281        320,266  

Bodycote PLC

     106,889        555,077  

Central Asia Metals PLC

     389,020        942,350  

Chemring Group PLC

     100,116        317,397  

Chesnara PLC

     134,255        411,390  

Clarkson PLC

     21,872        642,133  

CLS Holdings PLC

     243,157        378,382  

Coats Group PLC

     709,531        403,153  

Concentric AB

     16,057        257,838  

Craneware PLC

     9,579        206,376  

Currys PLC(a)

     615,695        389,355  

Devro PLC

     235,988        437,299  

DiscoverIE Group PLC(a)

     25,162        182,012  

Diversified Energy Co. PLC

     2,819,973        4,082,871  

Domino’s Pizza Group PLC

     327,642        814,152  

Drax Group PLC

     469,064        3,144,313  

EMIS Group PLC

     55,981        1,181,090  

Essentra PLC

     135,587        276,375  

Euromoney Institutional Investor PLC

     41,826        673,275  

FDM Group Holdings PLC

     94,173        659,135  

Ferrexpo PLC

     1,554,652        2,110,316  

Forterra PLC(b)

     118,903        310,591  

Galliford Try Holdings PLC

     119,368        195,878  

Gamma Communications PLC

     14,638        172,555  

Gateley Holdings PLC

     82,806        177,940  

GB Group PLC

     32,280      219,448  

Genuit Group PLC

     77,824        253,240  

Halfords Group PLC

     88,749        130,575  

Harworth Group PLC

     131,655        177,829  

Headlam Group PLC

     51,632        133,141  

Helical PLC

     71,988        286,082  

Hill & Smith Holdings PLC

     46,903        476,979  

Hilton Food Group PLC

     65,804        392,995  

Hunting PLC

     122,818        320,132  

Ibstock PLC(b)

     197,313        361,668  

IG Design Group PLC(a)

     64,247        55,224  

Impax Asset Management Group PLC(a)

     45,594        267,207  

IntegraFin Holdings PLC

     118,660        291,147  

International Personal Finance PLC

     116,565        107,480  

Jadestone Energy PLC

     212,704        163,835  

James Fisher & Sons PLC*

     21,250        66,894  

James Halstead PLC(a)

     99,664        229,741  

Jupiter Fund Management PLC

     844,342        865,722  

Keller Group PLC

     53,849        378,703  

Liontrust Asset Management PLC

     28,532        232,825  

LSL Property Services PLC

     34,130        99,820  

Luceco PLC(b)

     87,545        81,113  

Marshalls PLC

     58,926        192,470  

Mattioli Woods PLC

     50,286        353,646  

MJ Gleeson PLC

     30,905        142,137  

Moneysupermarket.com Group PLC

     643,840        1,335,378  

Morgan Advanced Materials PLC

     133,261        337,683  

Morgan Sindall Group PLC

     48,854        806,038  

Mortgage Advice Bureau Holdings Ltd.

     31,635        224,598  

NCC Group PLC

     149,425        364,465  

Next Fifteen Communications Group PLC(a)

     28,613        249,137  

Norcros PLC

     75,013        138,166  

Numis Corp. PLC

     82,134        212,712  

Oxford Instruments PLC

     13,664        272,116  

Pan African Resources PLC(a)

     2,350,546        459,185  

Paragon Banking Group PLC

     230,473        1,015,729  

PayPoint PLC

     96,538        646,592  

Polar Capital Holdings PLC

     153,425        710,763  

Premier Foods PLC

     203,250        216,224  

Premier Miton Group PLC(a)

     143,820        170,179  

PZ Cussons PLC

     290,392        632,769  

Reach PLC

     136,476        105,501  

Record PLC

     191,475        145,987  

Redde Northgate PLC

     333,027        1,076,239  

Renew Holdings PLC

     54,124        344,386  

Robert Walters PLC

     36,963        188,979  

Sabre Insurance Group PLC(b)

     456,750        494,574  

Serco Group PLC

     499,711        871,884  

Serica Energy PLC

     140,235        586,258  

Smart Metering Systems PLC

     87,282        783,360  

Spirent Communications PLC

     229,322        671,723  

SThree PLC

     62,423        239,709  

TBC Bank Group PLC

     39,401        733,642  

Telecom Plus PLC

     83,009        1,599,362  

 

See Notes to Financial Statements.

 

WisdomTree Trust      21  


Schedule of Investments (unaudited) (concluded)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2022

 

 

 

Investments    Shares      Value  

TI Fluid Systems PLC(a)(b)

     332,595      $ 449,243  

TT Electronics PLC

     117,380        184,492  

Tyman PLC

     149,949        329,420  

UP Global Sourcing Holdings PLC

     91,512        102,359  

Vesuvius PLC

     268,131        926,079  

VIDENDUM PLC(a)

     19,594        263,348  

Volex PLC

     37,011        100,809  

Watkin Jones PLC

     259,828        438,549  

Wincanton PLC

     118,244        386,087  

Workspace Group PLC

     95,195        423,577  

XPS Pensions Group PLC

     280,781        401,198  

YouGov PLC

     14,438        141,831  
     

 

 

 
Total United Kingdom               46,108,355  
TOTAL COMMON STOCKS
(Cost: $260,956,746)
              171,281,324  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.0%

 

United States – 7.0%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

 

(Cost: $12,242,097)      12,242,097      12,242,097  
TOTAL INVESTMENTS IN SECURITIES – 105.4%
(Cost: $273,198,843)

 

     183,523,421  

Other Assets less Liabilities – (5.4)%

        (9,441,300
     

 

 

 
NET ASSETS – 100.0%             $ 174,082,121  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $17,629,333. The Fund also had securities on loan having a total market value of $38,577 that were sold and pending settlement. The total market value of the collateral held by the Fund was $19,761,907. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $7,519,810.

 

(b)

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c)

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

INVESTMENT IN AFFILIATES     

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate    Value at
3/31/2022
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2022
     Dividend
Income
 

WisdomTree International MidCap Dividend Fund^

   $ 1,141,154      $ 4,805,674      $ 5,522,597      $ (433,666    $ 9,435      $      $ 57,688  
^ 

As of September 30,2022, the Fund did not hold a position in this affiliate.

 

FAIR VALUATION SUMMARY     

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other

Significant

Observable

Inputs

(Level 2)

    

Significant
Unobservable

Inputs

(Level 3)

     Total  

Assets:

 

     

Investments in Securities

 

     

Common Stocks

   $ 171,281,324      $      $      $ 171,281,324  

Investment of Cash Collateral for Securities Loaned

            12,242,097               12,242,097  

Total Investments in Securities

   $ 171,281,324      $ 12,242,097      $      $ 183,523,421  

 

See Notes to Financial Statements.

 

22   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree International AI Enhanced Value Fund (AIVI)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 95.4%

 

Australia – 7.1%

 

Aurizon Holdings Ltd.

     1,027,431      $ 2,279,024  

Australia & New Zealand Banking Group Ltd.(a)

     16,987        249,017  

Dexus

     32,663        162,125  

Lendlease Corp. Ltd.

     34,429        197,454  

National Australia Bank Ltd.

     17,525        324,623  

Origin Energy Ltd.

     56,036        186,267  

Sonic Healthcare Ltd.

     71,454        1,404,886  

Westpac Banking Corp.(a)

     15,835        210,138  
     

 

 

 
Total Australia               5,013,534  
Austria – 1.2%

 

OMV AG

     23,359        855,162  
Belgium – 2.2%

 

Groupe Bruxelles Lambert NV

     22,555        1,588,260  
Finland – 0.6%

 

Fortum Oyj

     18,976        255,982  

Sampo Oyj, Class A

     4,311        184,810  
     

 

 

 
Total Finland               440,792  
France – 4.9%

 

Arkema SA

     3,410        250,813  

Cie de Saint-Gobain

     16,382        594,601  

Orange SA

     20,023        181,404  

Publicis Groupe SA

     39,718        1,902,686  

Renault SA*

     6,795        186,188  

Vivendi SE

     21,472        167,691  

Wendel SE

     2,476        179,132  
     

 

 

 
Total France               3,462,515  
Germany – 8.6%

 

Allianz SE, Registered Shares

     3,970        629,274  

Aroundtown SA

     398,428        880,952  

Continental AG

     11,635        523,748  

Fresenius Medical Care AG & Co. KGaA

     5,686        161,705  

Fresenius SE & Co. KGaA

     35,948        773,001  

HeidelbergCement AG

     45,202        1,808,925  

Henkel AG & Co. KGaA

     3,121        178,252  

LEG Immobilien SE

     4,130        248,260  

Mercedes-Benz Group AG

     8,735        447,972  

Siemens Energy AG*

     24,374        271,851  

Telefonica Deutschland Holding AG

     78,213        158,836  
     

 

 

 
Total Germany               6,082,776  
Hong Kong – 7.2%

 

CK Asset Holdings Ltd.

     29,000        174,372  

CLP Holdings Ltd.

     23,500        177,674  

Hang Lung Properties Ltd.

     328,000        538,177  

Hang Seng Bank Ltd.

     13,000        197,404  

Henderson Land Development Co. Ltd.

     397,000        1,112,626  

HK Electric Investments & HK Electric Investments Ltd.

     1,462,500        1,024,695  

Hongkong Land Holdings Ltd.

     55,000        243,100  

New World Development Co. Ltd.

     77,000        218,742  

Sino Land Co. Ltd.

     166,000        219,503  

Sun Hung Kai Properties Ltd.

     58,500      647,234  

Swire Properties Ltd.

     142,200        306,141  

Wharf Real Estate Investment Co. Ltd.

     47,916        217,914  
     

 

 

 
Total Hong Kong               5,077,582  
Italy – 4.2%

 

Eni SpA(a)

     160,025        1,710,344  

Mediobanca Banca di Credito Finanziario SpA

     25,565        201,861  

Poste Italiane SpA(b)

     24,323        185,620  

Snam SpA

     160,907        653,544  

Telecom Italia SpA*(a)

     1,170,178        218,153  
     

 

 

 
Total Italy               2,969,522  
Japan – 19.8%

 

AGC, Inc.

     15,500        480,811  

Asahi Group Holdings Ltd.

     24,900        771,368  

Hulic Co. Ltd.

     33,800        248,225  

Inpex Corp.

     16,900        158,673  

Japan Post Insurance Co. Ltd.

     17,800        249,147  

Japan Tobacco, Inc.

     32,600        534,681  

Kao Corp.

     6,800        277,083  

Kobayashi Pharmaceutical Co. Ltd.

     3,400        199,192  

Komatsu Ltd.

     12,900        232,698  

Lixil Corp.(a)

     15,600        228,377  

Makita Corp.

     8,600        166,302  

MEIJI Holdings Co. Ltd.(a)

     5,200        230,999  

Mitsubishi Electric Corp.

     81,100        730,906  

Mitsui & Co. Ltd.

     112,900        2,409,396  

NGK Insulators Ltd.

     15,700        195,240  

Nissan Motor Co. Ltd.

     96,700        307,446  

Nisshin Seifun Group, Inc.(a)

     18,700        189,655  

ORIX Corp.

     16,500        231,236  

Otsuka Corp.

     54,300        1,697,520  

Rakuten Group, Inc.

     125,100        536,717  

Shimizu Corp.(a)

     63,700        312,020  

Shin-Etsu Chemical Co. Ltd.

     2,300        227,704  

Sumitomo Realty & Development Co. Ltd.(a)

     16,500        374,811  

Taisei Corp.

     9,000        249,957  

Takeda Pharmaceutical Co. Ltd.

     24,000        624,602  

Tosoh Corp.

     146,400        1,628,409  

TOTO Ltd.

     7,400        246,419  

Yamato Holdings Co. Ltd.

     17,400        261,700  
     

 

 

 
Total Japan               14,001,294  
Netherlands – 1.7%

 

JDE Peet’s NV

     7,341        215,317  

Koninklijke Philips NV(a)

     34,098        534,466  

NN Group NV

     12,345        483,388  
     

 

 

 
Total Netherlands               1,233,171  
Norway – 3.2%

 

DNB Bank ASA

     21,238        336,873  

Gjensidige Forsikring ASA

     24,585        421,886  

Norsk Hydro ASA

     57,810        312,147  

Telenor ASA

     130,281        1,191,475  
     

 

 

 
Total Norway               2,262,381  

 

See Notes to Financial Statements.

 

WisdomTree Trust      23  


Schedule of Investments (unaudited) (concluded)

WisdomTree International AI Enhanced Value Fund (AIVI)

September 30, 2022

 

 

 

Investments    Shares      Value  
Singapore – 1.4%

 

City Developments Ltd.

     75,200      $ 398,299  

Oversea-Chinese Banking Corp. Ltd.

     47,800        394,086  

United Overseas Bank Ltd.

     10,300        187,782  
     

 

 

 
Total Singapore               980,167  
Spain – 3.2%

 

ACS Actividades de Construccion y Servicios SA

     8,754        198,360  

Enagas SA(a)

     96,245        1,493,496  

Red Electrica Corp. SA

     17,068        262,682  

Repsol SA

     23,968        277,184  
     

 

 

 
Total Spain               2,231,722  
Sweden – 3.7%

 

Essity AB, Class B

     21,743        432,607  

Industrivarden AB, Class A

     8,763        178,221  

Industrivarden AB, Class C(a)

     81,091        1,631,685  

Securitas AB, Class B(a)

     22,209        155,298  

Swedbank AB, Class A

     16,233        214,806  
     

 

 

 
Total Sweden               2,612,617  
Switzerland – 9.4%

 

Baloise Holding AG, Registered Shares

     1,350        173,782  

Geberit AG, Registered Shares

     2,614        1,135,367  

Holcim AG*

     42,065        1,751,408  

SGS SA, Registered Shares

     102        220,219  

Swatch Group AG, Registered Shares

     4,272        181,254  

Swiss Life Holding AG, Registered Shares

     432        192,463  

Swiss Prime Site AG, Registered Shares

     2,444        196,166  

Swiss Re AG

     35,062        2,606,183  

Temenos AG, Registered Shares

     2,379        163,007  
     

 

 

 
Total Switzerland               6,619,849  
United Kingdom – 14.1%

 

Anglo American PLC

     28,975        884,791  

BAE Systems PLC

     22,508        198,442  

Barratt Developments PLC

     143,109        546,673  

British American Tobacco PLC

     7,988        287,707  

Bunzl PLC

     7,282        224,357  

CK Hutchison Holdings Ltd.

     75,000        414,655  

Imperial Brands PLC

     88,636        1,835,417  

J. Sainsbury PLC

     82,594      160,704  

Johnson Matthey PLC

     22,677        463,885  

M&G PLC

     885,678        1,646,650  

Phoenix Group Holdings PLC

     172,905        1,016,796  

Reckitt Benckiser Group PLC

     6,575        438,619  

Schroders PLC

     248,517        1,079,994  

St. James’s Place PLC

     45,529        526,537  

United Utilities Group PLC

     26,078        258,737  
     

 

 

 
Total United Kingdom               9,983,964  
United States – 2.9%

 

GSK PLC

     141,360        2,060,554  
TOTAL COMMON STOCKS
(Cost: $90,731,898)
              67,475,862  
PREFERRED STOCK – 3.1%

 

Germany – 3.1%

 

Henkel AG & Co. KGaA
(Cost: $3,423,840)
     36,337        2,172,161  
EXCHANGE-TRADED FUND – 0.4%

 

United States – 0.4%

 

iShares MSCI EAFE Value ETF(a)
(Cost: $345,180)
     8,565        330,010  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.3%

 

United States – 7.3%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

 

(Cost: $5,143,965)      5,143,965        5,143,965  
TOTAL INVESTMENTS IN SECURITIES – 106.2%
(Cost: $99,644,883)
        75,121,998  

Other Assets less Liabilities – (6.2)%

        (4,405,800
     

 

 

 
NET ASSETS – 100.0%             $ 70,716,198  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $5,140,305 and the total market value of the collateral held by the Fund was $5,441,546. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $297,581.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FAIR VALUATION SUMMARY     

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other
Significant

Observable

Inputs

(Level 2)

    

Significant

Unobservable

Inputs

(Level 3)

     Total  

Assets:

 

     

Investments in Securities

 

     

Common Stocks

   $ 67,475,862      $      $      $ 67,475,862  

Preferred Stock

     2,172,161                      2,172,161  

Exchange-Traded Fund

     330,010                      330,010  

Investment of Cash Collateral for Securities Loaned

            5,143,965               5,143,965  

Total Investments in Securities

   $ 69,978,033      $ 5,143,965      $      $ 75,121,998  

 

See Notes to Financial Statements.

 

24   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.2%

 

Australia – 12.9%

 

Adairs Ltd.(a)

     49,748      $ 57,894  

Alumina Ltd.

     205,096        166,811  

Ampol Ltd.

     11,781        217,770  

APA Group

     68,265        420,914  

ASX Ltd.(a)

     10,689        493,170  

Atlas Arteria Ltd.(a)

     65,427        262,073  

AUB Group Ltd.

     4,963        60,533  

Aurizon Holdings Ltd.

     116,515        258,451  

Austal Ltd.

     98,482        144,367  

Australia & New Zealand Banking Group Ltd.

     127,550        1,869,788  

Australian Finance Group Ltd.(a)

     146,949        151,642  

Autosports Group Ltd.(a)

     133,248        182,481  

Bank of Queensland Ltd.(a)

     54,933        229,928  

Bapcor Ltd.(a)

     24,350        95,814  

Bell Financial Group Ltd.(a)

     245,027        159,115  

Bendigo & Adelaide Bank Ltd.(a)

     76,619        383,752  

BHP Group Ltd.

     609,890        15,104,799  

Brambles Ltd.

     35,512        260,518  

Brickworks Ltd.

     11,051        153,047  

carsales.com Ltd.

     22,490        271,992  

Charter Hall Group

     29,324        216,442  

Coles Group Ltd.

     68,707        725,798  

Commonwealth Bank of Australia

     95,341        5,559,864  

Costa Group Holdings Ltd.

     94,509        136,113  

Cromwell Property Group

     572,834        246,763  

CSL Ltd.

     5,608        1,027,686  

Dexus

     82,334        408,671  

Dusk Group Ltd.(a)

     69,732        87,427  

Elders Ltd.(a)

     25,750        196,188  

Fortescue Metals Group Ltd.

     411,753        4,452,869  

Goodman Group

     58,014        588,596  

GPT Group

     101,150        249,082  

Growthpoint Properties Australia Ltd.

     106,661        210,533  

GUD Holdings Ltd.(a)

     17,459        83,179  

Harvey Norman Holdings Ltd.(a)

     140,734        365,559  

Healius Ltd.

     35,287        76,458  

Inghams Group Ltd.(a)

     75,308        115,238  

Insurance Australia Group Ltd.

     95,429        282,238  

IVE Group Ltd.(a)

     55,397        79,783  

JB Hi-Fi Ltd.(a)

     12,232        298,539  

Latitude Group Holdings Ltd.(a)

     63,741        53,687  

Lendlease Corp. Ltd.

     24,266        139,168  

Liberty Financial Group Ltd.

     42,638        108,286  

MA Financial Group Ltd.(a)

     9,440        23,428  

Macquarie Group Ltd.

     11,332        1,112,850  

Magellan Financial Group Ltd.(a)

     11,226        81,272  

Medibank Pvt Ltd.

     164,684        367,416  

Metcash Ltd.(a)

     80,075        199,244  

Mirvac Group

     240,522        300,782  

Monadelphous Group Ltd.(a)

     16,150        135,610  

National Australia Bank Ltd.

     161,023        2,982,692  

Navigator Global Investments Ltd.

     128,684        93,493  

Newcrest Mining Ltd.

     16,647      181,098  

Nine Entertainment Co. Holdings Ltd.

     122,519        146,913  

NRW Holdings Ltd.

     89,718        137,288  

OZ Minerals Ltd.(a)

     12,563        208,235  

Pendal Group Ltd.

     50,746        146,822  

QBE Insurance Group Ltd.

     36,444        270,167  

Qube Holdings Ltd.(a)

     97,764        155,886  

Resimac Group Ltd.(a)

     126,305        79,584  

Rio Tinto Ltd.

     185,677        10,362,494  

Santos Ltd.

     49,956        227,725  

Scentre Group

     176,008        287,437  

Seven Group Holdings Ltd.(a)

     16,859        183,729  

SG Fleet Group Ltd.

     91,786        118,618  

Sims Ltd.

     14,007        120,498  

SmartGroup Corp. Ltd.

     32,314        103,674  

Sonic Healthcare Ltd.

     19,499        383,378  

Stockland

     187,814        394,869  

Suncorp Group Ltd.

     87,227        562,508  

Tabcorp Holdings Ltd.

     112,312        67,517  

Telstra Corp. Ltd.(a)

     832,445        2,060,599  

Transurban Group

     71,271        565,464  

Vicinity Centres

     281,496        314,014  

Viva Energy Group Ltd.(b)

     52,324        87,805  

Washington H Soul Pattinson & Co. Ltd.(a)

     12,750        219,614  

Wesfarmers Ltd.

     59,051        1,621,943  

Westpac Banking Corp.

     130,512        1,731,958  

Woodside Energy Group Ltd.

     136,821        2,785,100  

Woolworths Group Ltd.

     51,158        1,116,685  

Worley Ltd.(a)

     48,031        393,122  
     

 

 

 
Total Australia               66,984,557  
Austria – 0.6%

 

Andritz AG

     5,730        244,968  

BAWAG Group AG(b)

     10,293        448,314  

Oesterreichische Post AG(a)

     9,815        262,497  

OMV AG

     21,077        771,619  

Semperit AG Holding(a)

     3,606        60,761  

Strabag SE, Bearer Shares

     19,426        734,584  

Telekom Austria AG*

     62,306        360,735  

Vienna Insurance Group AG Wiener Versicherung Gruppe

     6,958        142,463  

Voestalpine AG

     3,756        64,429  

Wienerberger AG

     1,845        37,233  
     

 

 

 
Total Austria               3,127,603  
Belgium – 0.6%

 

Ackermans & van Haaren NV

     727        92,658  

Aedifica SA

     2,531        195,508  

Anheuser-Busch InBev SA

     19,948        913,493  

Befimmo SA

     2,870        131,302  

Cofinimmo SA

     2,294        190,572  

KBC Group NV

     2,795        133,237  

Proximus SADP

     20,228        209,954  

Solvay SA

     3,932        306,772  

Telenet Group Holding NV

     17,299        239,122  

 

See Notes to Financial Statements.

 

WisdomTree Trust      25  


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  

UCB SA

     4,148      $ 289,002  

Warehouses De Pauw CVA

     10,734        264,151  
     

 

 

 
Total Belgium               2,965,771  
China – 1.6%

 

Beijing Enterprises Holdings Ltd.

     76,000        213,480  

Beijing Tong Ren Tang Chinese Medicine Co. Ltd.(a)

     97,000        108,987  

BOC Hong Kong Holdings Ltd.

     601,944        2,005,227  

BOCOM International Holdings Co. Ltd.

     265,000        14,516  

China Everbright Environment Group Ltd.

     322,000        133,724  

China Merchants Port Holdings Co. Ltd.

     348,000        437,555  

China Power International Development Ltd.

     624,000        248,808  

China Resources Pharmaceutical Group Ltd.(b)

     386,500        265,384  

China Resources Power Holdings Co. Ltd.

     224,000        348,132  

China Taiping Insurance Holdings Co. Ltd.

     133,200        112,161  

CITIC Ltd.

     2,119,000        1,997,554  

CSPC Pharmaceutical Group Ltd.

     367,280        364,009  

Guangdong Investment Ltd.(a)

     390,000        312,501  

Lenovo Group Ltd.

     559,003        388,815  

MECOM Power and Construction Ltd.

     111,000        26,018  

Poly Property Group Co. Ltd.

     1,458,000        260,029  

Shoucheng Holdings Ltd.(a)

     680,000        103,084  

Shougang Fushan Resources Group Ltd.

     683,238        199,317  

Sino-Ocean Group Holding Ltd.

     754,500        78,815  

Wharf Holdings Ltd.

     37,000        118,543  

Wilmar International Ltd.

     258,700        692,319  
     

 

 

 
Total China               8,428,978  
Denmark – 1.5%

 

Alm Brand A/S

     75,589        92,620  

AP Moller – Maersk A/S, Class B

     218        398,236  

Carlsberg A/S, Class B

     2,468        290,636  

Coloplast A/S, Class B

     5,611        573,527  

DSV A/S

     1,618        191,007  

Novo Nordisk A/S, Class B

     42,849        4,298,506  

Novozymes A/S, Class B

     5,227        263,902  

Orsted A/S(b)

     5,825        466,236  

Rockwool A/S, Class B

     547        86,700  

Royal Unibrew A/S

     2,099        136,865  

Scandinavian Tobacco Group A/S, Class A(b)

     21,333        310,583  

Topdanmark A/S

     3,312        155,086  

Tryg A/S

     23,113        477,797  

Vestas Wind Systems A/S

     10,434        194,688  
     

 

 

 
Total Denmark               7,936,389  
Finland – 2.0%

 

Anora Group Oyj

     19,162        127,650  

Cargotec Oyj, Class B

     5,791        176,435  

Elisa Oyj

     12,867        584,249  

Fortum Oyj

     66,072        891,297  

Kesko Oyj, Class B

     20,517        384,804  

Kone Oyj, Class B

     16,777        651,013  

Konecranes Oyj

     7,944        159,382  

Metsa Board Oyj, Class B

     33,092        242,167  

Neste Oyj

     17,429        764,929  

Nokian Renkaat Oyj

     6,152      59,665  

Nordea Bank Abp

     447,292        3,856,042  

Orion Oyj, Class B

     6,745        284,661  

Sampo Oyj, Class A

     22,818        978,196  

UPM-Kymmene Oyj

     30,833        984,097  

Valmet Oyj

     12,198        248,914  
     

 

 

 
Total Finland               10,393,501  
France – 9.5%

 

Air Liquide SA

     17,132        1,973,052  

ALD SA(a)(b)

     37,904        351,275  

Alten SA

     872        97,129  

Amundi SA(b)

     5,925        249,358  

Arkema SA

     3,039        223,525  

AXA SA

     233,295        5,136,603  

BNP Paribas SA

     63,953        2,731,920  

Bollore SE

     68,769        318,119  

Bouygues SA(a)

     23,032        605,824  

Bureau Veritas SA

     11,814        265,961  

Capgemini SE

     3,536        573,299  

Carrefour SA

     21,441        298,581  

Chargeurs SA(a)

     7,446        86,512  

Cie de Saint-Gobain

     19,233        698,081  

Cie Generale des Etablissements Michelin SCA

     17,276        391,885  

Cie Plastic Omnium SA

     7,477        99,032  

Coface SA

     13,134        126,544  

Covivio

     3,658        177,458  

Credit Agricole SA

     216,354        1,772,759  

Danone SA(a)

     25,224        1,200,198  

Dassault Systemes SE

     9,810        343,426  

Edenred

     5,368        249,055  

Eiffage SA

     4,304        347,938  

Electricite de France SA(a)

     65,774        766,138  

Engie SA

     134,247        1,557,401  

EssilorLuxottica SA

     6,057        832,800  

Eutelsat Communications SA

     20,815        161,500  

Gecina SA

     4,560        359,386  

Hermes International

     679        809,527  

ICADE

     3,921        146,734  

Imerys SA

     6,190        188,349  

Ipsen SA

     1,722        160,092  

IPSOS

     3,507        157,695  

Kering SA

     2,124        954,140  

Klepierre SA*

     15,697        275,258  

L’Oreal SA

     10,025        3,243,382  

La Francaise des Jeux SAEM(b)

     6,244        186,383  

Legrand SA

     5,639        368,246  

LVMH Moet Hennessy Louis Vuitton SE

     8,977        5,368,050  

Metropole Television SA(a)

     21,714        263,562  

Nexans SA

     504        45,375  

Nexity SA(a)

     6,936        141,876  

Orange SA

     278,985        2,527,549  

Pernod Ricard SA

     5,062        936,505  

Publicis Groupe SA

     13,194        632,057  

 

See Notes to Financial Statements.

 

26   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Remy Cointreau SA(a)

     944      $ 158,047  

Rexel SA

     13,535        205,258  

Sanofi

     52,554        4,036,386  

Schneider Electric SE

     19,217        2,201,504  

SEB SA(a)

     1,524        96,596  

Societe Generale SA

     17,661        353,212  

Sopra Steria Group SACA

     817        104,449  

SPIE SA

     11,728        247,940  

Television Francaise 1

     34,850        201,260  

Thales SA(a)

     5,606        620,587  

Trigano SA

     1,254        111,300  

Valeo

     6,321        96,787  

Veolia Environnement SA

     28,529        550,864  

Verallia SA(b)

     7,847        177,731  

Vinci SA

     18,153        1,479,060  

Wendel SE

     3,069        222,033  
     

 

 

 
Total France               49,262,553  
Germany – 6.8%

 

adidas AG

     2,153        250,740  

Allianz SE, Registered Shares

     23,284        3,690,685  

AURELIUS Equity Opportunities SE & Co. KGaA

     3,828        71,514  

Aurubis AG

     1,473        77,894  

BASF SE

     49,983        1,939,047  

Bayer AG, Registered Shares

     45,113        2,095,503  

Bayerische Motoren Werke AG

     15,712        1,077,304  

Beiersdorf AG

     2,894        286,204  

Bilfinger SE

     5,211        131,708  

Brenntag SE

     7,446        455,029  

Covestro AG(b)

     4,259        123,251  

Deutsche Boerse AG

     5,203        857,590  

Deutsche Pfandbriefbank AG(b)

     14,511        100,789  

Deutsche Post AG, Registered Shares

     54,731        1,668,300  

Deutsche Telekom AG, Registered Shares

     213,888        3,665,192  

Deutsche Wohnen SE

     13,421        256,449  

DWS Group GmbH & Co. KGaA(b)

     3,604        86,713  

E.ON SE

     208,606        1,613,633  

Evonik Industries AG

     11,716        197,988  

Fielmann AG

     4,362        140,846  

Freenet AG

     10,637        202,679  

Fresenius SE & Co. KGaA

     11,612        249,696  

Hannover Rueck SE

     5,951        898,970  

Hapag-Lloyd AG(a)(b)

     5,726        979,975  

HeidelbergCement AG

     4,391        175,722  

Henkel AG & Co. KGaA

     4,126        235,651  

Hochtief AG

     4,071        194,861  

Hornbach Holding AG & Co. KGaA

     1,171        73,878  

Infineon Technologies AG

     12,853        285,952  

Knorr-Bremse AG

     939        40,825  

LANXESS AG

     4,112        121,132  

LEG Immobilien SE

     4,278        257,156  

Mercedes-Benz Group AG

     27,233        1,396,635  

Merck KGaA

     1,901        310,634  

Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares

     6,306      1,528,974  

Mutares SE & Co. KGaA

     5,920        86,297  

RWE AG

     20,887        773,257  

SAP SE

     22,252        1,833,746  

Siemens AG, Registered Shares

     24,687        2,447,483  

Siemens Healthineers AG(b)

     21,335        925,489  

Suedzucker AG

     7,769        94,299  

Symrise AG

     2,809        276,422  

Talanx AG*

     16,972        605,209  

Telefonica Deutschland Holding AG

     227,746        462,510  

Traton SE

     18,119        217,263  

United Internet AG, Registered Shares

     6,899        130,171  

Vantage Towers AG

     6,731        175,005  

Volkswagen AG

     5,687        939,594  

Vonovia SE

     20,686        450,086  

Wacker Neuson SE

     1,385        18,276  
     

 

 

 
Total Germany               35,174,226  
Hong Kong – 2.9%

 

AIA Group Ltd.

     227,165        1,894,030  

CLP Holdings Ltd.

     163,000        1,232,379  

Dah Sing Banking Group Ltd.

     393,600        260,732  

Fortune Real Estate Investment Trust

     246,000        179,253  

Hang Lung Properties Ltd.

     169,000        277,293  

Hang Seng Bank Ltd.

     135,100        2,051,481  

Henderson Land Development Co. Ltd.

     257,859        722,671  

Hong Kong & China Gas Co. Ltd.

     593,570        523,256  

Hong Kong Exchanges & Clearing Ltd.

     29,929        1,027,893  

Hutchison Port Holdings Trust

     1,272,400        234,122  

Hysan Development Co. Ltd.

     74,000        186,464  

Kowloon Development Co. Ltd.

     322,000        372,048  

Link REIT

     110,900        775,603  

MTR Corp. Ltd.

     198,553        911,838  

Power Assets Holdings Ltd.

     207,500        1,041,478  

Singamas Container Holdings Ltd.

     1,220,000        93,250  

Sino Land Co. Ltd.

     338,400        447,470  

Sun Hung Kai Properties Ltd.

     143,000        1,582,128  

Swire Pacific Ltd., Class A

     22,000        164,652  

Swire Pacific Ltd., Class B

     395,000        461,426  

Swire Properties Ltd.

     221,400        476,651  

Techtronic Industries Co. Ltd.

     32,000        309,201  
     

 

 

 
Total Hong Kong               15,225,319  
Indonesia – 0.0%

 

Bumitama Agri Ltd.(a)

     379,600        152,115  
Ireland – 0.3%

 

CRH PLC(a)

     24,504        793,857  

Glanbia PLC

     16,153        186,410  

Kerry Group PLC, Class A

     1,690        150,991  

Smurfit Kappa Group PLC

     13,600        390,771  
     

 

 

 
Total Ireland               1,522,029  
Israel – 0.5%

 

Bank Hapoalim BM

     53,975        459,016  

 

See Notes to Financial Statements.

 

WisdomTree Trust      27  


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Bank Leumi Le-Israel BM

     56,503      $ 486,393  

Elbit Systems Ltd.

     2,003        381,224  

ICL Group Ltd.

     52,591        425,808  

Mehadrin Ltd.*

     0        4  

Meitav Investment House Ltd.*

     43,911        164,926  

Mizrahi Tefahot Bank Ltd.

     11,492        405,461  

Strauss Group Ltd.

     8,683        206,929  
     

 

 

 
Total Israel               2,529,761  
Italy – 3.3%

 

A2A SpA(a)

     307,079        300,770  

ACEA SpA

     24,334        265,564  

Amplifon SpA

     501        13,203  

Anima Holding SpA(b)

     63,367        181,887  

Assicurazioni Generali SpA

     131,033        1,799,697  

Banca Mediolanum SpA

     58,140        368,511  

Banco BPM SpA(a)

     73,228        193,262  

BPER Banca

     57,854        89,606  

Credito Emiliano SpA

     38,861        220,426  

DiaSorin SpA(a)

     344        38,687  

Enel SpA

     563,188        2,330,495  

Eni SpA(a)

     205,654        2,198,026  

ERG SpA(a)

     9,716        268,986  

Ferrari NV

     1,706        320,385  

Hera SpA

     129,593        277,525  

Infrastrutture Wireless Italiane SpA(b)

     51,364        451,359  

Intesa Sanpaolo SpA

     1,511,552        2,521,492  

Iren SpA

     172,871        229,812  

Italgas SpA

     113,717        532,060  

Mediobanca Banca di Credito Finanziario SpA

     88,252        696,836  

Piaggio & C. SpA

     104,667        212,867  

Poste Italiane SpA(b)

     77,027        587,829  

Recordati Industria Chimica e Farmaceutica SpA

     7,168        264,664  

Snam SpA

     261,764        1,063,188  

Terna – Rete Elettrica Nazionale(a)

     106,831        654,106  

UniCredit SpA

     29,881        306,136  

Unieuro SpA(a)(b)

     7,145        71,816  

Unipol Gruppo SpA

     30,300        118,555  

UnipolSai Assicurazioni SpA(a)

     251,804        525,428  
     

 

 

 
Total Italy               17,103,178  
Japan – 22.1%

 

Acom Co. Ltd.(a)

     75,200        161,575  

Advantest Corp.

     6,000        277,730  

Aeon Co. Ltd.

     15,100        282,033  

Aeon Delight Co. Ltd.

     14,800        289,978  

Aeon Mall Co. Ltd.

     8,700        96,770  

AGC, Inc.

     10,600        328,813  

Air Water, Inc.

     15,200        179,361  

Aisin Corp.(a)

     11,500        294,760  

Ajinomoto Co., Inc.

     14,700        402,372  

Amada Co. Ltd.

     21,000        142,326  

Aozora Bank Ltd.(a)

     20,500        365,684  

Asahi Group Holdings Ltd.

     15,000        464,679  

Asahi Holdings, Inc.(a)

     6,000      84,148  

Asahi Kasei Corp.

     44,900        296,397  

Astellas Pharma, Inc.

     56,000        741,663  

Avex, Inc.(a)

     15,300        162,889  

Azbil Corp.

     3,600        93,765  

Bandai Namco Holdings, Inc.

     5,500        358,434  

Benesse Holdings, Inc.(a)

     10,200        151,860  

BML, Inc.

     4,600        103,603  

Bridgestone Corp.

     27,100        874,157  

Canon, Inc.

     48,300        1,058,466  

Casio Computer Co. Ltd.(a)

     15,900        139,398  

Chiba Bank Ltd.

     25,400        136,700  

Chubu Electric Power Co., Inc.(a)

     24,200        218,017  

Chugai Pharmaceutical Co. Ltd.

     29,200        731,488  

Citizen Watch Co. Ltd.(a)

     49,100        204,887  

CKD Corp.

     6,100        72,402  

Concordia Financial Group Ltd.

     124,200        383,553  

Cosmo Energy Holdings Co. Ltd.

     8,400        215,303  

Credit Saison Co. Ltd.

     16,600        194,046  

Dai Nippon Printing Co. Ltd.

     14,800        296,521  

Dai-ichi Life Holdings, Inc.

     43,333        686,167  

Daicel Corp.

     31,000        182,258  

Daido Steel Co. Ltd.(a)

     2,200        53,501  

Daiichikosho Co. Ltd.(a)

     6,600        185,582  

Daikin Industries Ltd.

     3,200        492,894  

Daishi Hokuetsu Financial Group, Inc.

     17,300        320,554  

Daito Trust Construction Co. Ltd.

     4,400        412,505  

Daiwa House Industry Co. Ltd.

     24,900        506,360  

Daiwa Securities Group, Inc.(a)

     95,100        372,135  

DCM Holdings Co. Ltd.(a)

     34,800        282,978  

Denka Co. Ltd.

     3,100        67,999  

Denso Corp.

     18,900        859,963  

Dentsu Group, Inc.

     7,000        198,763  

DIC Corp.

     4,400        73,169  

Dowa Holdings Co. Ltd.

     4,300        154,181  

Electric Power Development Co. Ltd.

     15,100        213,650  

ENEOS Holdings, Inc.

     258,400        830,300  

EXEO Group, Inc.

     18,500        267,253  

FANUC Corp.

     4,300        601,872  

Fast Retailing Co. Ltd.

     800        423,973  

Fuji Electric Co. Ltd.

     7,600        277,757  

FUJIFILM Holdings Corp.

     10,900        497,690  

Fujitec Co. Ltd.(a)

     8,800        177,465  

Fujitsu Ltd.

     3,100        338,067  

Fukuoka Financial Group, Inc.

     26,000        460,921  

Furukawa Battery Co. Ltd.(a)

     6,400        49,654  

Furuya Metal Co. Ltd.

     100        5,368  

GMO Financial Holdings, Inc.(a)

     20,500        101,406  

GMO Internet Group, Inc.

     6,500        114,422  

GS Yuasa Corp.(a)

     15,600        243,358  

H.U. Group Holdings, Inc.

     10,700        195,157  

Hachijuni Bank Ltd.(a)

     111,300        368,322  

Hakuhodo DY Holdings, Inc.

     18,700        131,518  

Hankyu Hanshin Holdings, Inc.

     15,500        465,819  

 

See Notes to Financial Statements.

 

28   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Haseko Corp.

     30,500      $ 331,034  

Heiwa Corp.(a)

     22,100        341,703  

Hioki EE Corp.(a)

     2,800        121,483  

Hirose Electric Co. Ltd.

     2,100        275,367  

Hitachi Ltd.

     23,500        992,635  

Hokkaido Electric Power Co., Inc.

     79,500        248,807  

Honda Motor Co. Ltd.

     57,400        1,244,007  

Hoya Corp.

     3,800        364,393  

Idemitsu Kosan Co. Ltd.(a)

     22,551        488,427  

Iida Group Holdings Co. Ltd.

     7,200        97,645  

Iino Kaiun Kaisha Ltd.

     21,800        98,047  

Information Services International-Dentsu Ltd.

     2,600        79,574  

INFRONEER Holdings, Inc.

     28,700        195,107  

Inpex Corp.

     69,100        648,775  

Isetan Mitsukoshi Holdings Ltd.

     20,500        173,778  

Isuzu Motors Ltd.

     24,600        271,417  

ITOCHU Corp.

     79,300        1,918,058  

IwaiCosmo Holdings, Inc.(a)

     22,800        190,597  

Iwatani Corp.

     2,600        97,896  

Izumi Co. Ltd.

     6,800        145,870  

Jaccs Co. Ltd.

     6,800        168,655  

Japan Exchange Group, Inc.

     17,000        229,317  

Japan Post Holdings Co. Ltd.

     257,900        1,706,386  

Japan Post Insurance Co. Ltd.

     20,900        292,538  

Japan Tobacco, Inc.

     216,244        3,546,673  

JFE Holdings, Inc.

     22,000        203,821  

JSR Corp.(a)

     9,300        176,690  

JTEKT Corp.

     19,800        125,302  

Kajima Corp.

     20,000        189,713  

Kaneka Corp.

     7,500        187,053  

Kansai Electric Power Co., Inc.

     37,000        309,814  

Kao Corp.

     16,800        684,558  

KDDI Corp.

     134,300        3,936,819  

Keyence Corp.

     1,100        364,019  

Kirin Holdings Co. Ltd.

     33,900        521,574  

Kobe Steel Ltd.(a)

     31,600        126,623  

Koito Manufacturing Co. Ltd.

     2,000        27,234  

Komatsu Ltd.

     21,700        391,438  

Kubota Corp.

     31,600        437,503  

Kyowa Kirin Co. Ltd.

     14,800        338,955  

Kyudenko Corp.

     10,000        189,989  

Kyushu Railway Co.

     15,700        338,958  

Lawson, Inc.

     6,400        209,582  

Lixil Corp.

     16,200        237,161  

Makita Corp.(a)

     5,100        98,621  

Marubeni Corp.

     102,300        896,172  

Maruichi Steel Tube Ltd.

     10,000        204,428  

Matsui Securities Co. Ltd.(a)

     57,500        309,855  

Medipal Holdings Corp.(a)

     18,700        238,102  

Mitsubishi Chemical Group Corp.

     57,300        261,907  

Mitsubishi Corp.(a)

     70,800        1,940,892  

Mitsubishi Electric Corp.

     66,700        601,127  

Mitsubishi Estate Co. Ltd.

     29,400        385,209  

Mitsubishi Gas Chemical Co., Inc.

     14,900        195,174  

Mitsubishi HC Capital, Inc.

     116,990      502,731  

Mitsubishi Heavy Industries Ltd.

     16,500        547,853  

Mitsubishi Materials Corp.

     21,300        292,692  

Mitsubishi UFJ Financial Group, Inc.

     587,900        2,646,149  

Mitsui Chemicals, Inc.

     14,900        290,187  

Mitsui Fudosan Co. Ltd.

     18,000        342,540  

Mitsui High-Tec, Inc.(a)

     1,100        51,753  

Mitsui Mining & Smelting Co. Ltd.

     5,900        123,914  

Mitsui OSK Lines Ltd.(a)

     40,700        731,641  

Mizuho Financial Group, Inc.

     134,730        1,454,390  

Mizuho Medy Co. Ltd.(a)

     200        3,789  

MS&AD Insurance Group Holdings, Inc.

     32,430        859,453  

Murata Manufacturing Co. Ltd.

     19,300        884,297  

Musashi Seimitsu Industry Co. Ltd.(a)

     6,200        66,650  

Nabtesco Corp.

     5,000        102,076  

NEC Corp.

     8,800        281,184  

NGK Insulators Ltd.

     16,200        201,458  

NHK Spring Co. Ltd.(a)

     32,500        191,077  

Nichirei Corp.

     7,700        126,875  

Nidec Corp.

     4,200        235,905  

Nintendo Co. Ltd.

     57,000        2,305,282  

Nippon Denko Co. Ltd.(a)

     60,700        140,066  

Nippon Electric Glass Co. Ltd.

     16,400        282,464  

Nippon Express Holdings, Inc.

     5,400        274,579  

Nippon Gas Co. Ltd.

     15,800        224,319  

Nippon Kayaku Co. Ltd.

     21,500        172,006  

Nippon Light Metal Holdings Co. Ltd.(a)

     8,500        85,032  

Nippon Shinyaku Co. Ltd.

     1,600        81,799  

Nippon Steel Corp.

     27,400        379,827  

Nippon Steel Trading Corp.

     5,800        201,554  

Nippon Telegraph & Telephone Corp.

     222,300        5,998,852  

Nippon Yusen KK(a)

     43,200        736,291  

Nishimatsu Construction Co. Ltd.(a)

     8,800        230,723  

Nisshinbo Holdings, Inc.

     36,300        263,325  

Nissin Electric Co. Ltd.

     29,400        269,738  

Nissin Foods Holdings Co. Ltd.(a)

     3,100        215,669  

Nitto Denko Corp.

     4,000        216,381  

Noevir Holdings Co. Ltd.

     6,900        270,766  

NOF Corp.

     4,300        155,073  

Nomura Real Estate Holdings, Inc.

     10,800        244,361  

Nomura Research Institute Ltd.

     10,900        267,332  

NTT Data Corp.

     28,500        367,412  

Oji Holdings Corp.

     59,400        220,783  

Okamura Corp.

     16,800        160,171  

Olympus Corp.

     8,800        168,923  

Omron Corp.

     4,600        210,257  

Oracle Corp.

     4,300        228,747  

Orient Corp.(a)

     4,120        32,620  

Osaka Gas Co. Ltd.

     18,200        274,864  

Otsuka Holdings Co. Ltd.

     12,900        408,536  

PALTAC Corp.

     4,900        150,813  

Panasonic Holdings Corp.(a)

     57,300        401,609  

Penta-Ocean Construction Co. Ltd.

     32,600        163,738  

Pigeon Corp.

     13,800        201,549  

 

See Notes to Financial Statements.

 

WisdomTree Trust      29  


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Pola Orbis Holdings, Inc.

     9,300      $ 105,050  

Recruit Holdings Co. Ltd.

     9,200        264,473  

Resona Holdings, Inc.

     113,700        414,754  

Sanwa Holdings Corp.

     21,700        186,499  

SBI Holdings, Inc.

     14,800        265,438  

SCREEN Holdings Co. Ltd.

     1,700        92,549  

Scroll Corp.(a)

     22,400        108,483  

SCSK Corp.

     19,900        301,088  

Secom Co. Ltd.

     6,200        354,494  

Sega Sammy Holdings, Inc.

     17,800        242,138  

Seiko Epson Corp.(a)

     21,400        291,257  

Sekisui Chemical Co. Ltd.

     23,400        285,821  

Sekisui House Ltd.

     29,900        495,975  

Senko Group Holdings Co. Ltd.

     25,800        170,936  

Seven & I Holdings Co. Ltd.

     22,500        902,518  

Sharp Corp.(a)

     23,100        137,727  

Shikoku Electric Power Co., Inc.

     45,500        227,272  

Shimamura Co. Ltd.

     1,900        160,537  

Shimano, Inc.

     1,300        204,235  

Shin-Etsu Chemical Co. Ltd.

     6,600        653,411  

Shinsei Bank Ltd.(a)

     10,800        154,824  

Shionogi & Co. Ltd.

     8,800        424,907  

Shizuoka Bank Ltd.*

     47,100        285,050  

SMC Corp.

     800        321,780  

SoftBank Corp.(a)

     473,900        4,735,890  

SoftBank Group Corp.

     15,300        517,945  

Sompo Holdings, Inc.

     23,400        931,506  

Sony Group Corp.

     8,100        519,649  

Stanley Electric Co. Ltd.

     9,800        153,285  

Subaru Corp.

     23,900        357,811  

Sumitomo Bakelite Co. Ltd.

     1,300        35,611  

Sumitomo Chemical Co. Ltd.

     80,000        274,690  

Sumitomo Corp.

     57,000        709,817  

Sumitomo Electric Industries Ltd.

     26,100        263,984  

Sumitomo Forestry Co. Ltd.

     9,900        150,813  

Sumitomo Heavy Industries Ltd.

     10,500        193,903  

Sumitomo Metal Mining Co. Ltd.

     17,000        488,583  

Sumitomo Mitsui Financial Group, Inc.

     73,500        2,043,345  

Sumitomo Mitsui Trust Holdings, Inc.

     10,907        308,873  

Sumitomo Pharma Co. Ltd.

     17,900        127,499  

Sumitomo Realty & Development Co. Ltd.

     8,300        188,541  

Sumitomo Rubber Industries Ltd.

     20,700        164,605  

Sundrug Co. Ltd.

     10,800        262,268  

Suntory Beverage & Food Ltd.

     6,000        212,650  

Suzuki Motor Corp.

     10,600        328,154  

Sysmex Corp.

     3,300        177,100  

T&D Holdings, Inc.

     25,200        237,994  

Taiheiyo Cement Corp.(a)

     15,300        215,423  

Taisei Corp.

     14,300        397,154  

Takashimaya Co. Ltd.(a)

     26,000        307,340  

Takeda Pharmaceutical Co. Ltd.

     102,000        2,654,558  

Teijin Ltd.

     24,700        239,244  

Terumo Corp.

     7,300        205,466  

TIS, Inc.

     10,600        280,846  

Toda Corp.(a)

     61,800      317,657  

Toho Co. Ltd.

     1,900        68,914  

Tokio Marine Holdings, Inc.(a)

     89,400        1,584,241  

Tokuyama Corp.(a)

     18,200        218,910  

Tokyo Electron Ltd.

     5,500        1,356,524  

Tokyo Ohka Kogyo Co. Ltd.

     1,200        50,074  

Tokyo Seimitsu Co. Ltd.

     5,300        155,985  

Tokyo Steel Manufacturing Co. Ltd.(a)

     5,900        51,400  

Tokyo Tatemono Co. Ltd.

     1,600        22,749  

Tokyu Corp.(a)

     15,600        177,507  

Toshiba Corp.

     11,100        394,783  

Tosoh Corp.

     20,500        228,022  

TOTO Ltd.

     4,000        133,200  

Toyo Seikan Group Holdings Ltd.

     22,300        268,688  

Toyo Suisan Kaisha Ltd.

     5,500        226,467  

Toyo Tire Corp.(a)

     7,000        75,927  

Toyoda Gosei Co. Ltd.

     16,800        253,605  

Toyota Boshoku Corp.

     10,400        127,319  

Toyota Motor Corp.

     459,950        5,961,285  

Toyota Tsusho Corp.

     15,600        482,835  

Trend Micro, Inc.

     7,400        399,793  

Tsuruha Holdings, Inc.

     1,300        76,251  

UBE Corp.

     16,100        214,897  

Ulvac, Inc.

     3,200        113,413  

USS Co. Ltd.

     22,200        343,096  

Wacom Co. Ltd.

     21,300        104,627  

Workman Co. Ltd.(a)

     3,200        101,254  

Yakult Honsha Co. Ltd.

     3,700        214,978  

Yamaguchi Financial Group, Inc.

     67,800        359,739  

Yamaha Motor Co. Ltd.

     19,800        370,297  

Yamato Holdings Co. Ltd.

     15,500        233,124  

Yaskawa Electric Corp.

     2,400        69,059  

Yokogawa Electric Corp.

     10,600        166,603  

Yokohama Rubber Co. Ltd.

     15,700        240,362  
     

 

 

 
Total Japan               114,654,664  
Netherlands – 2.1%

 

Aalberts NV

     6,548        216,626  

Aegon NV(a)

     65,834        264,555  

Akzo Nobel NV

     5,134        293,322  

ASM International NV

     981        224,642  

ASML Holding NV

     3,173        1,347,815  

ASR Nederland NV

     14,419        558,949  

Eurocommercial Properties NV

     5,075        101,224  

Euronext NV(a)(b)

     3,242        206,759  

Heijmans NV, CVA

     8,510        79,783  

Heineken Holding NV

     3,622        250,154  

Heineken NV

     5,336        469,735  

ING Groep NV

     156,075        1,354,378  

Koninklijke Ahold Delhaize NV(a)

     37,066        949,006  

Koninklijke DSM NV

     3,555        409,038  

Koninklijke KPN NV

     265,403        720,725  

Koninklijke Philips NV(a)

     19,936        312,485  

NN Group NV

     30,664        1,200,698  

 

See Notes to Financial Statements.

 

30   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Ordina NV

     59,548      $ 223,136  

PostNL NV(a)

     88,784        149,862  

Randstad NV(a)

     7,608        332,263  

RHI Magnesita NV

     4,290        80,885  

SBM Offshore NV(a)

     11,364        143,557  

Signify NV(b)

     7,103        185,304  

Wolters Kluwer NV

     7,457        729,940  
     

 

 

 
Total Netherlands               10,804,841  
Norway – 2.1%

 

AF Gruppen ASA

     17,620        223,782  

Aker ASA, Class A

     4,379        283,702  

Aker BP ASA(a)

     33,439        959,236  

Atea ASA*

     8,342        74,408  

Austevoll Seafood ASA

     16,620        112,480  

DNB Bank ASA

     60,159        954,230  

Entra ASA(b)

     15,902        148,116  

Equinor ASA

     118,425        3,891,623  

Gjensidige Forsikring ASA

     35,307        605,879  

Hunter Group ASA*

     491,306        98,511  

Kid ASA(b)

     15,139        101,832  

Leroy Seafood Group ASA

     33,253        130,543  

Multiconsult ASA(b)

     7,281        88,196  

Norsk Hydro ASA

     60,053        324,258  

Orkla ASA

     25,504        185,360  

Salmar ASA

     5,167        174,110  

Selvaag Bolig ASA

     60,490        176,242  

SpareBank 1 SR-Bank ASA

     13,868        129,807  

Telenor ASA(a)

     139,813        1,278,650  

Veidekke ASA

     21,846        163,185  

Yara International ASA

     19,637        690,712  
     

 

 

 
Total Norway               10,794,862  
Peru – 0.0%

 

Hochschild Mining PLC

     38,440        25,317  
Portugal – 0.4%

 

EDP – Energias de Portugal SA

     171,014        743,850  

Galp Energia SGPS SA(a)

     61,436        591,265  

Jeronimo Martins SGPS SA

     17,576        328,009  

REN – Redes Energeticas Nacionais SGPS SA

     150,078        355,063  

Sonae SGPS SA

     87,358        70,561  
     

 

 

 
Total Portugal               2,088,748  
Singapore – 2.1%

 

Bukit Sembawang Estates Ltd.(a)

     99,500        310,656  

DBS Group Holdings Ltd.

     131,476        3,059,435  

Genting Singapore Ltd.(a)

     400,800        219,268  

Ho Bee Land Ltd.

     159,300        280,876  

Jardine Cycle & Carriage Ltd.

     17,755        418,107  

Jiutian Chemical Group Ltd.

     1,213,900        65,141  

NetLink NBN Trust

     695,200        438,467  

Olam Group Ltd.

     153,800        140,412  

Oversea-Chinese Banking Corp. Ltd.

     227,395        1,874,753  

Raffles Medical Group Ltd.

     270,900        251,095  

Riverstone Holdings Ltd.(a)

     288,200        115,489  

Sembcorp Industries Ltd.

     127,800      274,321  

Singapore Exchange Ltd.

     71,800        473,363  

Singapore Technologies Engineering Ltd.

     168,700        420,898  

Singapore Telecommunications Ltd.

     495,700        918,922  

United Overseas Bank Ltd.

     104,701        1,908,829  
     

 

 

 
Total Singapore               11,170,032  
Spain – 2.6%

 

Acciona SA

     2,458        434,881  

Acerinox SA

     17,942        144,095  

Banco Bilbao Vizcaya Argentaria SA

     255,158        1,154,966  

Banco Santander SA

     260,380        611,557  

CaixaBank SA

     113,040        366,659  

Cie Automotive SA

     11,118        231,776  

EDP Renovaveis SA

     10,759        221,763  

Enagas SA(a)

     18,370        285,059  

Faes Farma SA

     101,213        367,859  

Ferrovial SA

     22,412        513,549  

Fomento de Construcciones y Contratas SA(a)

     34,286        278,447  

Grupo Catalana Occidente SA

     8,799        221,101  

Iberdrola SA

     295,050        2,769,636  

Industria de Diseno Textil SA

     75,775        1,579,677  

Inmobiliaria Colonial Socimi SA(a)

     25,954        125,502  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros

     97,529        91,914  

Mapfre SA(a)

     236,490        368,367  

Metrovacesa SA(a)(b)

     47,135        287,213  

Naturgy Energy Group SA(a)

     75,989        1,766,523  

Red Electrica Corp. SA

     26,545        408,535  

Repsol SA

     83,964        971,024  

Sacyr SA(a)

     47,477        104,091  

Unicaja Banco SA(b)

     131,540        119,392  

Viscofan SA

     7,158        391,989  
     

 

 

 
Total Spain               13,815,575  
Sweden – 2.4%

 

Assa Abloy AB, Class B

     21,104        398,784  

Atlas Copco AB, Class A

     90,221        852,008  

Atlas Copco AB, Class B

     49,135        412,915  

Axfood AB

     16,887        387,880  

BillerudKorsnas AB

     18,805        222,661  

Boliden AB

     10,792        337,010  

Castellum AB(a)

     19,664        221,757  

Clas Ohlson AB, Class B

     23,516        141,234  

Electrolux AB, Class B(a)

     12,649        132,468  

Epiroc AB, Class A

     22,235        320,877  

EQT AB(a)

     11,809        233,147  

Essity AB, Class B

     18,761        373,276  

Evolution AB(b)

     2,140        171,007  

Fabege AB(a)

     15,307        104,690  

Hexagon AB, Class B

     21,598        203,768  

Intrum AB

     9,473        120,061  

Investment AB Latour, Class B(a)

     9,807        164,017  

Lindab International AB

     2,148        24,137  

Loomis AB

     11,103        274,336  

 

See Notes to Financial Statements.

 

WisdomTree Trust      31  


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Mycronic AB

     7,945      $ 96,650  

Orron Energy AB(a)

     43,135        77,641  

Peab AB, Class B(a)

     32,252        155,339  

Saab AB, Class B

     6,662        208,670  

Samhallsbyggnadsbolaget i Norden AB, Class D(a)

     45,548        68,666  

Sandvik AB(a)

     26,864        369,282  

Securitas AB, Class B(a)

     17,369        121,454  

Skandinaviska Enskilda Banken AB, Class A

     97,008        933,584  

Skanska AB, Class B

     13,822        173,748  

SKF AB, Class B(a)

     15,521        210,140  

Svenska Cellulosa AB SCA, Class B

     14,589        186,676  

Svenska Handelsbanken AB, Class A

     97,878        808,072  

Swedbank AB, Class A

     20,160        266,771  

Swedish Match AB

     56,272        557,776  

Tele2 AB, Class B(a)

     65,724        568,552  

Telefonaktiebolaget LM Ericsson, Class B(a)

     79,917        471,616  

Telia Co. AB

     255,207        736,588  

Trelleborg AB, Class B

     18,698        353,657  

Volvo AB, Class A

     18,827        279,585  

Volvo AB, Class B

     39,235        558,889  

Wihlborgs Fastigheter AB

     29,374        178,269  
     

 

 

 
Total Sweden               12,477,658  
Switzerland – 9.7%

 

ABB Ltd., Registered Shares

     83,277        2,182,928  

Adecco Group AG, Registered Shares

     6,604        183,912  

Baloise Holding AG, Registered Shares

     3,303        425,187  

Banque Cantonale Vaudoise, Registered Shares

     4,312        410,500  

BKW AG

     2,735        328,172  

Cie Financiere Richemont SA, Class A, Registered Shares

     10,630        1,018,234  

Coca-Cola HBC AG

     15,075        318,726  

EMS-Chemie Holding AG, Registered Shares(a)

     953        608,545  

Geberit AG, Registered Shares

     1,108        481,250  

Helvetia Holding AG, Registered Shares

     1,901        179,429  

Holcim AG*

     28,631        1,192,073  

Julius Baer Group Ltd.

     9,158        404,748  

Kuehne + Nagel International AG, Registered Shares(a)

     3,747        769,006  

Logitech International SA, Registered Shares(a)

     4,828        225,397  

Lonza Group AG, Registered Shares

     709        350,304  

Nestle SA, Registered Shares

     111,378        12,117,202  

Novartis AG, Registered Shares

     103,615        7,951,273  

Partners Group Holding AG

     945        772,514  

Roche Holding AG

     19,168        6,299,100  

Roche Holding AG, Bearer Shares(a)

     4,815        1,897,137  

Schindler Holding AG, Participation Certificate

     1,893        297,437  

Schindler Holding AG, Registered Shares

     39        5,944  

SFS Group AG

     2,056        177,974  

SGS SA, Registered Shares

     403        870,079  

Sika AG, Registered Shares

     2,639        538,123  

Sulzer AG, Registered Shares

     4,193        243,890  

Swatch Group AG, Bearer Shares

     1,585        361,527  

Swiss Life Holding AG, Registered Shares

     2,040      908,854  

Swiss Prime Site AG, Registered Shares

     5,802        465,693  

Swisscom AG, Registered Shares

     3,853        1,814,443  

UBS Group AG, Registered Shares

     94,606        1,391,335  

VAT Group AG(b)

     595        123,201  

Vontobel Holding AG, Registered Shares

     3,908        212,027  

Zurich Insurance Group AG

     11,894        4,773,310  
     

 

 

 
Total Switzerland               50,299,474  
United Kingdom – 12.5%

 

Abrdn PLC

     128,016        198,780  

Admiral Group PLC(a)

     38,286        818,231  

Airtel Africa PLC(a)(b)

     241,119        347,756  

Anglo American PLC

     94,173        2,875,702  

Antofagasta PLC

     40,729        507,171  

Ashmore Group PLC(a)

     63,768        140,304  

Ashtead Group PLC

     7,545        344,142  

Assura PLC(a)

     225,314        134,814  

AstraZeneca PLC

     39,668        4,403,339  

Aviva PLC

     224,039        970,867  

BAE Systems PLC

     223,196        1,967,815  

Barclays PLC

     222,494        358,398  

Barratt Developments PLC

     46,530        177,743  

Bellway PLC

     4,052        77,031  

Big Yellow Group PLC

     12,760        150,986  

BP PLC

     931,297        4,502,535  

Britvic PLC

     23,893        191,370  

Bunzl PLC

     15,950        491,417  

Burberry Group PLC

     8,083        163,137  

Central Asia Metals PLC

     56,122        135,948  

Clarkson PLC

     2,567        75,364  

Close Brothers Group PLC

     17,748        183,757  

Coca-Cola Europacific Partners PLC

     10,510        456,118  

ConvaTec Group PLC(b)

     107,298        246,261  

Cranswick PLC

     6,438        192,604  

Croda International PLC

     3,401        244,725  

Currys PLC(a)

     114,972        72,706  

DCC PLC

     2,668        139,652  

Derwent London PLC

     3,731        84,131  

Diageo PLC

     78,800        3,340,448  

Direct Line Insurance Group PLC

     134,681        278,889  

Diversified Energy Co. PLC

     214,421        310,447  

Domino’s Pizza Group PLC(a)

     44,899        111,569  

DS Smith PLC

     35,521        101,866  

Ferrexpo PLC

     127,588        173,191  

Fresnillo PLC(a)

     18,197        156,250  

Games Workshop Group PLC

     952        61,584  

Genus PLC

     202        5,903  

Hargreaves Lansdown PLC(a)

     10,279        99,506  

HSBC Holdings PLC

     830,505        4,332,302  

IMI PLC

     19,598        244,806  

Imperial Brands PLC

     133,111        2,756,377  

Intertek Group PLC

     3,911        161,842  

J. Sainsbury PLC

     105,927        206,103  

 

See Notes to Financial Statements.

 

32   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Johnson Matthey PLC

     8,114      $ 165,981  

Jupiter Fund Management PLC(a)

     73,699        75,565  

Kingfisher PLC

     72,216        177,675  

Land Securities Group PLC

     37,626        219,166  

Legal & General Group PLC

     324,532        784,325  

Linde PLC

     8,477        2,318,614  

Lloyds Banking Group PLC

     1,916,418        885,455  

London Stock Exchange Group PLC

     5,079        432,484  

Londonmetric Property PLC(a)

     73,089        142,373  

Mondi PLC

     16,744        260,557  

Morgan Sindall Group PLC

     5,482        90,447  

National Grid PLC

     198,431        2,062,243  

NatWest Group PLC

     287,744        725,610  

OSB Group PLC

     34,333        161,122  

Pan African Resources PLC(a)

     837,401        163,588  

Paragon Banking Group PLC

     37,799        166,586  

Pearson PLC

     27,247        263,644  

QinetiQ Group PLC

     72,888        268,504  

Reckitt Benckiser Group PLC

     23,130        1,543,004  

Redde Northgate PLC

     41,984        135,679  

Redrow PLC

     15,574        69,402  

RELX PLC

     54,954        1,350,819  

Rightmove PLC

     8,793        47,331  

Royal Mail PLC(a)

     40,350        83,081  

RWS Holdings PLC

     21,939        78,370  

Sabre Insurance Group PLC(b)

     71,942        77,900  

Sage Group PLC

     52,508        408,661  

Schroders PLC

     100,523        436,848  

Segro PLC

     36,582        307,499  

Serco Group PLC

     126,598        220,885  

Severn Trent PLC

     10,508        276,243  

Shell PLC

     265,157        6,649,519  

Smith & Nephew PLC

     23,983        281,242  

Smiths Group PLC

     16,541        278,817  

Spectris PLC

     7,749        236,670  

Spirent Communications PLC

     46,688        136,757  

SSE PLC

     89,079        1,518,928  

St. James’s Place PLC

     4,961        57,373  

Standard Chartered PLC

     87,427        553,167  

Tate & Lyle PLC

     50,924        386,556  

Taylor Wimpey PLC

     218,053        214,933  

TBC Bank Group PLC

     1,474        27,446  

Telecom Plus PLC

     14,714      283,499  

Tesco PLC

     255,633        590,131  

TI Fluid Systems PLC(a)(b)

     52,074        70,337  

Tyman PLC

     45,294        99,505  

Unilever PLC

     108,029        4,786,325  

Unite Group PLC

     5,318        50,965  

United Utilities Group PLC

     69,848        693,009  

Vesuvius PLC

     59,110        204,156  

Victrex PLC

     4,251        79,248  

Weir Group PLC

     3,177        49,881  

Wincanton PLC(a)

     34,048        111,173  

Workspace Group PLC

     23,431        104,258  
     

 

 

 
Total United Kingdom               64,857,443  
United States – 0.7%

 

GSK PLC

     240,136        3,500,376  
TOTAL COMMON STOCKS
(Cost: $564,635,163)
              515,294,970  
RIGHTS – 0.0%

 

Australia – 0.0%

 

Atlas Arteria Ltd., expiring 10/6/22
(Cost: $0)
     33,552        0  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.4%

 

United States – 4.4%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

 

(Cost: $22,934,545)      22,934,545        22,934,545  
TOTAL INVESTMENTS IN SECURITIES – 103.6%
(Cost: $587,569,708)

 

     538,229,515  

Other Assets less Liabilities – (3.6)%

        (18,630,883
     

 

 

 
NET ASSETS – 100.0%             $ 519,598,632  
* 

Non-income producing security.

 

Share amount represents a fractional share.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $37,646,446. The Fund also had securities on loan having a total market value of $33,463 that were sold and pending settlement. The total market value of the collateral held by the Fund was $41,758,488. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $18,823,943.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FAIR VALUATION SUMMARY      

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other

Significant

Observable

Inputs

(Level 2)

    

Significant

Unobservable

Inputs

(Level 3)

     Total  

Assets:

 

     

Investments in Securities

 

     

Common Stocks

   $ 515,294,970      $      $      $ 515,294,970  

Rights

            0               0  

Investment of Cash Collateral for Securities Loaned

            22,934,545               22,934,545  

Total Investments in Securities

   $ 515,294,970      $ 22,934,545      $      $ 538,229,515  

 

See Notes to Financial Statements.

 

WisdomTree Trust      33  


Schedule of Investments (unaudited)

WisdomTree International High Dividend Fund (DTH)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.7%

 

Australia – 18.6%

 

Accent Group Ltd.(a)

     30,451      $ 25,060  

Adairs Ltd.(a)

     29,793        34,671  

Adbri Ltd.

     35,452        41,941  

Alumina Ltd.

     92,450        75,193  

APA Group

     52,137        321,471  

Atlas Arteria Ltd.

     31,553        126,388  

Aurizon Holdings Ltd.

     101,535        225,223  

Australia & New Zealand Banking Group Ltd.

     51,649        757,136  

Bendigo & Adelaide Bank Ltd.(a)

     23,854        119,475  

BHP Group Ltd.

     403,207        9,985,999  

Coles Group Ltd.

     47,821        505,165  

Commonwealth Bank of Australia

     44,425        2,590,669  

Cromwell Property Group

     257,217        110,803  

CSR Ltd.

     27,449        78,535  

Dexus

     52,894        262,543  

Downer EDI Ltd.

     17,425        51,200  

Evolution Mining Ltd.

     43,192        56,929  

Fortescue Metals Group Ltd.

     274,529        2,968,871  

GPT Group

     101,819        250,729  

Growthpoint Properties Australia Ltd.

     56,624        111,768  

Harvey Norman Holdings Ltd.(a)

     59,257        153,921  

Inghams Group Ltd.(a)

     37,014        56,640  

Insignia Financial Ltd.

     16,834        31,929  

Insurance Australia Group Ltd.

     45,333        134,075  

IRESS Ltd.(a)

     6,738        38,643  

JB Hi-Fi Ltd.(a)

     4,876        119,005  

Magellan Financial Group Ltd.(a)

     4,826        34,938  

Medibank Pvt Ltd.

     72,931        162,712  

Metcash Ltd.(a)

     43,327        107,807  

Mirvac Group

     96,371        120,516  

National Australia Bank Ltd.

     77,204        1,430,080  

New Hope Corp. Ltd.(a)

     42,713        172,738  

Newcrest Mining Ltd.

     18,444        200,647  

NIB Holdings Ltd.

     15,297        73,076  

Nick Scali Ltd.(a)

     5,091        30,376  

Nine Entertainment Co. Holdings Ltd.

     48,532        58,195  

NRW Holdings Ltd.

     44,891        68,693  

Orora Ltd.

     48,508        93,565  

Pendal Group Ltd.

     19,217        55,600  

Platinum Asset Management Ltd.

     45,686        49,935  

Rio Tinto Ltd.

     124,259        6,933,945  

Scentre Group

     165,003        269,465  

SmartGroup Corp. Ltd.

     15,180        48,702  

Stockland

     97,061        204,066  

Suncorp Group Ltd.

     50,142        323,355  

Super Retail Group Ltd.(a)

     11,323        64,647  

Telstra Corp. Ltd.(a)

     539,302        1,334,965  

Vicinity Centres

     185,171        206,562  

Wesfarmers Ltd.

     36,626        1,006,000  

Westpac Banking Corp.

     62,847        834,010  

Worley Ltd.(a)

     20,315        166,273  
     

 

 

 
Total Australia               33,284,850  
Austria – 0.8%

 

BAWAG Group AG(b)

     5,662      246,610  

Oesterreichische Post AG(a)

     3,314        88,631  

OMV AG

     12,009        439,644  

Semperit AG Holding(a)

     1,853        31,223  

Strabag SE, Bearer Shares

     11,139        421,215  

Telekom Austria AG*

     26,440        153,080  
     

 

 

 
Total Austria               1,380,403  
Belgium – 0.5%

 

Aedifica SA

     851        65,736  

Cofinimmo SA

     1,421        118,049  

Econocom Group SA/NV

     18,960        47,364  

Etablissements Franz Colruyt NV(a)

     3,442        75,869  

Proximus SADP

     17,954        186,351  

Solvay SA

     2,705        211,042  

Telenet Group Holding NV

     10,511        145,292  
     

 

 

 
Total Belgium               849,703  
China – 2.5%

 

Beijing Enterprises Holdings Ltd.

     46,000        129,212  

BOC Hong Kong Holdings Ltd.

     280,047        932,907  

China Everbright Environment Group Ltd.

     281,000        116,697  

China Merchants Port Holdings Co. Ltd.

     230,000        289,188  

China Power International Development Ltd.

     325,000        129,588  

China Taiping Insurance Holdings Co. Ltd.

     56,200        47,323  

CITIC Ltd.

     1,453,000        1,369,725  

CITIC Telecom International Holdings Ltd.

     449,000        145,283  

Guangdong Investment Ltd.(a)

     294,000        235,578  

Lenovo Group Ltd.

     366,000        254,571  

Shoucheng Holdings Ltd.

     448,000        67,914  

Shougang Fushan Resources Group Ltd.

     420,838        122,768  

Sino-Ocean Group Holding Ltd.

     625,500        65,340  

Wilmar International Ltd.

     148,400        397,140  

Yanlord Land Group Ltd.

     164,100        109,217  
     

 

 

 
Total China               4,412,451  
Denmark – 0.4%

 

Alm Brand A/S

     33,917        41,559  

D/S Norden A/S

     2,436        103,154  

Scandinavian Tobacco Group A/S, Class A(b)

     6,132        89,275  

Topdanmark A/S

     1,651        77,309  

Tryg A/S

     15,766        325,918  
     

 

 

 
Total Denmark               637,215  
Finland – 2.5%

 

Elisa Oyj

     10,635        482,901  

Fortum Oyj

     40,189        542,141  

Kemira Oyj

     9,031        100,416  

Nokian Renkaat Oyj

     6,906        66,978  

Nordea Bank Abp

     209,368        1,804,932  

Orion Oyj, Class B

     3,743        157,967  

Sampo Oyj, Class A

     11,173        478,981  

Sanoma Oyj

     8,661        104,023  

TietoEVRY Oyj(a)

     4,410        100,489  

UPM-Kymmene Oyj

     21,616        689,917  
     

 

 

 
Total Finland               4,528,745  

 

See Notes to Financial Statements.

 

34   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2022

 

 

 

Investments    Shares      Value  
France – 7.6%

 

ALD SA(a)(b)

     23,715      $ 219,778  

Amundi SA(b)

     3,734        157,148  

AXA SA

     108,885        2,397,389  

BNP Paribas SA

     30,156        1,288,193  

Bouygues SA(a)

     13,793        362,806  

Chargeurs SA(a)

     3,371        39,166  

Covivio

     3,488        169,211  

Credit Agricole SA

     96,995        794,757  

Danone SA

     17,098        813,550  

Eiffage SA

     2,629        212,530  

Engie SA

     78,652        912,443  

Eutelsat Communications SA(a)

     13,578        105,349  

Gecina SA

     2,442        192,461  

ICADE

     3,168        118,555  

Imerys SA

     3,343        101,721  

Klepierre SA*

     10,350        181,495  

Metropole Television SA

     12,762        154,903  

Nexity SA

     4,403        90,064  

Orange SA

     185,768        1,683,021  

Publicis Groupe SA

     9,578        458,833  

Rubis SCA

     5,908        123,800  

Sanofi

     34,732        2,667,575  

Societe BIC SA

     1,912        121,564  

Television Francaise 1

     12,864        74,290  

Trigano SA

     689        61,153  

Verallia SA(b)

     4,224        95,672  
     

 

 

 
Total France               13,597,427  
Germany – 5.9%

 

Allianz SE, Registered Shares

     10,131        1,605,838  

BASF SE

     35,129        1,362,799  

Bayer AG, Registered Shares

     29,932        1,390,344  

Bilfinger SE

     3,352        84,722  

Deutsche Telekom AG, Registered Shares

     133,506        2,287,763  

DWS Group GmbH & Co. KGaA(b)

     5,575        134,136  

E.ON SE

     124,114        960,061  

Evonik Industries AG

     14,756        249,361  

Freenet AG

     10,719        204,242  

Hannover Rueck SE

     2,702        408,169  

HeidelbergCement AG

     4,935        197,492  

Hochtief AG

     3,153        150,920  

Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares

     2,722        659,985  

TAG Immobilien AG

     3,967        31,926  

Talanx AG*

     5,859        208,927  

Telefonica Deutschland Holding AG

     166,632        338,399  

Vonovia SE

     14,918        324,586  
     

 

 

 
Total Germany               10,599,670  
Hong Kong – 3.5%

 

Bank of East Asia Ltd.

     70,200        76,908  

CLP Holdings Ltd.

     115,000        869,470  

Fortune Real Estate Investment Trust

     132,000        96,185  

Hang Lung Group Ltd.

     73,000        117,917  

Hang Lung Properties Ltd.

     135,000      221,506  

Hang Seng Bank Ltd.

     57,918        879,479  

Henderson Land Development Co. Ltd.

     198,220        555,528  

Hutchison Port Holdings Trust

     585,023        107,644  

Hysan Development Co. Ltd.

     37,000        93,232  

Kowloon Development Co. Ltd.

     111,000        128,253  

Link REIT

     61,700        431,512  

Power Assets Holdings Ltd.

     143,518        720,341  

Singamas Container Holdings Ltd.

     290,000        22,166  

Sino Land Co. Ltd.

     264,000        349,090  

Sun Hung Kai Properties Ltd.

     103,000        1,139,575  

Swire Pacific Ltd., Class B

     100,000        116,817  

Swire Properties Ltd.

     182,000        391,827  
     

 

 

 
Total Hong Kong               6,317,450  
Indonesia – 0.0%

 

Nickel Industries Ltd.

     78,710        39,979  
Israel – 0.2%

 

Ashtrom Group Ltd.

     5,318        112,129  

Delek Automotive Systems Ltd.

     10,890        147,749  

Delek Group Ltd.*

     0        27  

G City Ltd.

     10,047        46,887  

Phoenix Holdings Ltd.

     7,864        75,102  
     

 

 

 
Total Israel               381,894  
Italy – 4.7%

 

A2A SpA(a)

     130,026        127,354  

ACEA SpA

     8,293        90,504  

Anima Holding SpA(b)

     25,930        74,429  

Assicurazioni Generali SpA(a)

     64,117        880,627  

Azimut Holding SpA

     4,011        57,781  

Banca Mediolanum SpA

     33,453        212,036  

BFF Bank SpA(b)

     13,979        93,397  

Enel SpA

     372,690        1,542,206  

Eni SpA

     145,251        1,552,440  

Esprinet SpA

     5,028        30,884  

Intesa Sanpaolo SpA

     691,701        1,153,859  

Iren SpA

     55,510        73,794  

Italgas SpA

     48,753        228,106  

Mediobanca Banca di Credito Finanziario SpA(a)

     28,822        227,578  

Poste Italiane SpA(b)

     25,825        197,083  

Snam SpA

     194,153        788,577  

Terna – Rete Elettrica Nazionale(a)

     95,403        584,135  

Unieuro SpA(a)(b)

     3,898        39,180  

Unipol Gruppo SpA

     20,385        79,761  

UnipolSai Assicurazioni SpA(a)

     125,823        262,549  
     

 

 

 
Total Italy               8,296,280  
Japan – 19.8%

 

Aisin Corp.(a)

     9,700        248,623  

Akita Bank Ltd.

     4,400        49,002  

Aozora Bank Ltd.(a)

     8,500        151,625  

Asahi Holdings, Inc.(a)

     3,800        53,294  

Avex, Inc.(a)

     6,700        71,330  

Bank of Saga Ltd.(a)

     8,200        86,167  

 

See Notes to Financial Statements.

 

WisdomTree Trust      35  


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2022

 

 

 

Investments    Shares      Value  

Canon, Inc.(a)

     32,100      $ 703,452  

Chubu Electric Power Co., Inc.(a)

     26,600        239,638  

Chugoku Electric Power Co., Inc.(a)

     19,300        97,870  

Concordia Financial Group Ltd.

     37,500        115,807  

Cosmo Energy Holdings Co. Ltd.(a)

     3,800        97,399  

Daito Trust Construction Co. Ltd.

     1,800        168,752  

Daiwa House Industry Co. Ltd.

     16,300        331,473  

Daiwa Securities Group, Inc.(a)

     56,300        220,307  

Daiwabo Holdings Co. Ltd.

     4,300        55,345  

Denka Co. Ltd.(a)

     3,100        67,999  

Electric Power Development Co. Ltd.

     9,900        140,075  

ENEOS Holdings, Inc.(a)

     186,400        598,947  

FIDEA Holdings Co. Ltd.(a)

     7,300        63,597  

Forum Engineering, Inc.

     10,000        63,007  

Fukuoka Financial Group, Inc.

     8,500        150,686  

H.U. Group Holdings, Inc.

     4,600        83,899  

Haseko Corp.

     14,600        158,462  

Hulic Co. Ltd.

     21,600        158,629  

Idemitsu Kosan Co. Ltd.(a)

     13,900        301,057  

Inpex Corp.

     43,400        407,479  

Isuzu Motors Ltd.

     20,400        225,077  

Japan Post Holdings Co. Ltd.

     117,300        776,111  

Japan Post Insurance Co. Ltd.

     14,600        204,357  

Japan Tobacco, Inc.

     142,600        2,338,819  

JFE Holdings, Inc.(a)

     18,500        171,395  

K’s Holdings Corp.(a)

     11,700        96,594  

Kajima Corp.

     21,300        202,044  

Kansai Electric Power Co., Inc.

     36,100        302,278  

KDDI Corp.

     85,900        2,518,040  

Ki-Star Real Estate Co. Ltd.(a)

     700        21,134  

Konica Minolta, Inc.(a)

     23,800        73,334  

Kuraray Co. Ltd.

     15,500        108,263  

Kyushu Electric Power Co., Inc.

     21,200        113,071  

Kyushu Railway Co.

     5,300        114,425  

Marubeni Corp.

     57,000        499,333  

Mitsubishi Corp.(a)

     43,276        1,186,357  

Mitsubishi Gas Chemical Co., Inc.

     7,600        99,552  

Mitsubishi HC Capital, Inc.

     44,100        189,507  

Mitsubishi Heavy Industries Ltd.

     11,200        371,876  

Mitsubishi Materials Corp.

     7,600        104,435  

Mitsubishi UFJ Financial Group, Inc.

     296,100        1,332,752  

Mitsui OSK Lines Ltd.(a)

     26,300        472,780  

Mizuho Financial Group, Inc.

     66,760        720,664  

MS&AD Insurance Group Holdings, Inc.

     14,500        384,276  

Neturen Co. Ltd.

     12,900        57,216  

NGK Spark Plug Co. Ltd.

     9,900        175,231  

Nikko Co. Ltd.

     26,800        112,018  

Nintendo Co. Ltd.

     36,000        1,455,967  

Nippon Electric Glass Co. Ltd.

     3,200        55,115  

Nippon Telegraph & Telephone Corp.

     150,600        4,063,999  

Nippon Yusen KK(a)

     28,200        480,634  

Nishimatsu Construction Co. Ltd.(a)

     7,300        191,395  

Nittoc Construction Co. Ltd.(a)

     20,100        124,145  

NS United Kaiun Kaisha Ltd.(a)

     900        23,472  

Resona Holdings, Inc.

     74,900      273,220  

SBI Holdings, Inc.

     5,200        93,262  

Scroll Corp.(a)

     5,100        24,699  

Sekisui House Ltd.

     21,400        354,979  

Shimizu Corp.

     27,400        134,213  

SoftBank Corp.(a)

     306,900        3,066,986  

Sojitz Corp.

     8,380        122,969  

Sompo Holdings, Inc.

     12,600        501,580  

Sumitomo Chemical Co. Ltd.(a)

     47,600        163,441  

Sumitomo Corp.

     45,000        560,382  

Sumitomo Metal Mining Co. Ltd.

     9,600        275,906  

Sumitomo Mitsui Financial Group, Inc.

     38,500        1,070,324  

Sumitomo Mitsui Trust Holdings, Inc.

     10,200        288,851  

Sumitomo Rubber Industries Ltd.

     15,100        120,074  

T&D Holdings, Inc.

     11,800        111,442  

Taisei Corp.

     8,600        238,848  

Takeda Pharmaceutical Co. Ltd.

     68,600        1,785,320  

Tama Home Co. Ltd.(a)

     2,600        42,212  

Teijin Ltd.(a)

     10,400        100,734  

Tekken Corp.

     8,200        100,500  

Tokio Marine Holdings, Inc.(a)

     39,600        701,744  

Tosoh Corp.

     10,500        116,792  

Toyo Seikan Group Holdings Ltd.

     9,900        119,283  

Yahagi Construction Co. Ltd.

     12,200        62,035  

YAMADA Consulting Group Co. Ltd.(a)

     7,400        61,298  

Yamada Holdings Co. Ltd.

     42,900        141,078  

Yamaha Motor Co. Ltd.

     14,400        269,307  

Yamanashi Chuo Bank Ltd.

     10,400        83,203  

Yokohama Rubber Co. Ltd.

     9,800        150,035  
     

 

 

 
Total Japan               35,384,304  
Netherlands – 1.5%

 

ASR Nederland NV

     4,065        157,579  

ING Groep NV

     73,387        636,833  

Koninklijke KPN NV

     220,122        597,761  

Koninklijke Vopak NV

     4,208        77,088  

NN Group NV

     13,259        519,178  

Ordina NV

     21,015        78,747  

PostNL NV(a)

     68,735        116,020  

Randstad NV(a)

     6,909        301,735  

RHI Magnesita NV

     2,211        41,687  

SBM Offshore NV(a)

     8,440        106,619  

Signify NV(b)

     4,590        119,744  
     

 

 

 
Total Netherlands               2,752,991  
Norway – 2.2%

 

ABG Sundal Collier Holding ASA

     96,811        49,040  

AF Gruppen ASA

     8,509        108,068  

Aker BP ASA(a)

     23,218        666,035  

Atea ASA*

     4,696        41,887  

Austevoll Seafood ASA

     6,142        41,568  

DNB Bank ASA

     32,979        523,106  

Gjensidige Forsikring ASA

     13,896        238,459  

Kid ASA(b)

     8,301        55,836  

Kongsberg Gruppen ASA

     5,853        178,320  

 

See Notes to Financial Statements.

 

36   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2022

 

 

 

Investments    Shares      Value  

Orkla ASA

     29,864      $ 217,048  

Salmar ASA

     2,952        99,472  

Storebrand ASA

     9,054        62,696  

Telenor ASA(a)

     100,508        919,188  

TGS ASA

     9,949        122,340  

Veidekke ASA

     10,188        76,102  

Yara International ASA

     13,319        468,483  
     

 

 

 
Total Norway               3,867,648  
Portugal – 0.6%

 

EDP – Energias de Portugal SA

     110,186        479,270  

Galp Energia SGPS SA(a)

     38,535        370,864  

Navigator Co. SA

     29,066        99,262  

REN – Redes Energeticas Nacionais SGPS SA

     53,433        126,415  

Sonae SGPS SA

     78,590        63,479  
     

 

 

 
Total Portugal               1,139,290  
Singapore – 2.4%

 

Bukit Sembawang Estates Ltd.

     35,500        110,837  

Hour Glass Ltd.(a)

     49,400        72,298  

Jardine Cycle & Carriage Ltd.

     9,000        211,938  

Keppel Corp. Ltd.

     46,800        226,678  

Keppel Infrastructure Trust

     420,521        158,256  

NetLink NBN Trust

     262,600        165,623  

Olam Group Ltd.

     144,800        132,196  

Oversea-Chinese Banking Corp. Ltd.

     114,992        948,049  

Propnex Ltd.(a)

     51,500        53,837  

Riverstone Holdings Ltd.(a)

     131,700        52,775  

Sembcorp Industries Ltd.

     36,700        78,776  

Sheng Siong Group Ltd.

     95,000        104,607  

Singapore Exchange Ltd.

     16,200        106,803  

Singapore Technologies Engineering Ltd.

     127,300        317,607  

Singapore Telecommunications Ltd.

     338,400        627,321  

United Overseas Bank Ltd.

     47,600        867,807  

Venture Corp. Ltd.

     7,300        83,587  
     

 

 

 
Total Singapore               4,318,995  
Spain – 3.0%

 

Acerinox SA

     12,708        102,060  

Aedas Homes SA(b)

     3,307        47,170  

Bankinter SA(a)

     18,756        105,946  

Cia de Distribucion Integral Logista Holdings SA

     11,990        219,063  

ContourGlobal PLC(b)

     43,715        122,974  

Ebro Foods SA(a)

     5,292        77,350  

Enagas SA(a)

     17,914        277,983  

Fomento de Construcciones y Contratas SA(a)

     14,183        115,184  

Iberdrola SA

     204,904        1,923,435  

Mapfre SA(a)

     114,999        179,127  

Naturgy Energy Group SA(a)

     45,502        1,057,789  

Prosegur Cash SA(a)(b)

     105,881        65,866  

Red Electrica Corp. SA

     22,210        341,819  

Repsol SA

     59,796        691,527  
     

 

 

 
Total Spain               5,327,293  
Sweden – 1.3%

 

Axfood AB

     9,935        228,198  

Bilia AB, Class A

     3,742        43,060  

Electrolux AB, Class B(a)

     9,115      95,458  

Intrum AB

     4,424        56,070  

JM AB

     2,735        38,126  

Orron Energy AB(a)

     29,007        52,211  

Peab AB, Class B(a)

     15,905        76,605  

Skandinaviska Enskilda Banken AB, Class A

     52,176        502,131  

Svenska Handelsbanken AB, Class A

     44,649        368,618  

Tele2 AB, Class B(a)

     33,867        292,970  

Telia Co. AB(a)

     179,397        517,782  
     

 

 

 
Total Sweden               2,271,229  
Switzerland – 6.4%

 

Adecco Group AG, Registered Shares

     6,115        170,294  

Allreal Holding AG, Registered Shares

     707        99,127  

Baloise Holding AG, Registered Shares

     1,360        175,069  

Banque Cantonale Vaudoise, Registered Shares

     2,671        254,278  

Clariant AG, Registered Shares*(a)

     10,840        175,114  

Helvetia Holding AG, Registered Shares

     1,570        148,187  

Holcim AG*

     19,595        815,853  

Landis + Gyr Group AG*

     1,250        68,326  

Novartis AG, Registered Shares

     68,890        5,286,525  

OC Oerlikon Corp. AG, Registered Shares

     15,283        98,600  

PSP Swiss Property AG, Registered Shares

     1,976        198,754  

Sulzer AG, Registered Shares

     1,241        72,184  

Swiss Life Holding AG, Registered Shares

     741        330,128  

Swiss Prime Site AG, Registered Shares

     2,232        179,150  

Swisscom AG, Registered Shares

     2,226        1,048,261  

Zurich Insurance Group AG

     5,639        2,263,048  
     

 

 

 
Total Switzerland               11,382,898  
United Kingdom – 13.0%

 

Abrdn PLC

     64,163        99,630  

Admiral Group PLC

     17,699        378,255  

Airtel Africa PLC(a)(b)

     84,163        121,385  

Anglo American PLC

     63,201        1,929,929  

Antofagasta PLC

     27,503        342,476  

Ashmore Group PLC(a)

     30,988        68,181  

Assura PLC

     103,728        62,064  

Aviva PLC

     120,789        523,436  

BAE Systems PLC

     151,380        1,334,647  

Barratt Developments PLC

     32,215        123,061  

BP PLC

     631,723        3,054,187  

Close Brothers Group PLC

     7,968        82,498  

Direct Line Insurance Group PLC

     52,995        109,739  

Diversified Energy Co. PLC

     126,347        182,930  

Drax Group PLC

     15,079        101,080  

Ferrexpo PLC

     83,767        113,707  

Hargreaves Lansdown PLC(a)

     7,367        71,317  

HSBC Holdings PLC

     376,381        1,963,379  

Imperial Brands PLC

     91,496        1,894,640  

Investec PLC

     17,506        70,957  

J. Sainsbury PLC

     56,501        109,935  

Jupiter Fund Management PLC(a)

     37,968        38,929  

Kingfisher PLC

     53,680        132,070  

Land Securities Group PLC

     27,333        159,211  

 

See Notes to Financial Statements.

 

WisdomTree Trust      37  


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2022

 

 

 

Investments    Shares      Value  

Legal & General Group PLC

     187,507      $ 453,165  

Londonmetric Property PLC(a)

     47,626        92,773  

Moneysupermarket.com Group PLC

     36,844        76,418  

National Grid PLC

     139,330        1,448,021  

OSB Group PLC

     19,863        93,215  

Redde Northgate PLC

     22,632        73,139  

Redrow PLC

     13,381        59,629  

Severn Trent PLC

     7,384        194,117  

Shell PLC

     93,727        2,350,454  

SSE PLC

     59,328        1,011,630  

St. James’s Place PLC

     8,334        96,382  

Synthomer PLC

     21,034        25,006  

Tate & Lyle PLC

     22,778        172,904  

Taylor Wimpey PLC

     139,524        137,528  

Tesco PLC

     196,074        452,638  

Unilever PLC

     69,073        3,060,343  

United Utilities Group PLC

     32,751        324,945  

Vistry Group PLC(a)

     6,000        39,450  
     

 

 

 
Total United Kingdom               23,229,400  
United States – 1.3%

 

GSK PLC      161,855        2,359,303  
TOTAL COMMON STOCKS
(Cost: $212,055,648)
              176,359,418  
RIGHTS – 0.0%

 

Australia – 0.0%

 

Atlas Arteria Ltd., expiring 10/6/22
(Cost: $0)
     15,765        0  
EXCHANGE-TRADED FUND – 0.5%

 

United States – 0.5%

 

WisdomTree International LargeCap Dividend Fund(a)(c)

     

(Cost: $1,006,214)

     25,144      940,888  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 6.8%

 

United States – 6.8%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(d)

 

(Cost: $12,138,216)      12,138,216        12,138,216  
TOTAL INVESTMENTS IN SECURITIES – 106.0%
(Cost: $225,200,078)

 

     189,438,522  

Other Assets less Liabilities – (6.0)%

        (10,643,531
     

 

 

 
NET ASSETS – 100.0%             $ 178,794,991  
* 

Non-income producing security.

 

Share amount represents a fractional share.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $15,973,125 and the total market value of the collateral held by the Fund was $17,817,987. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $5,679,771.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

INVESTMENT IN AFFILIATES     

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate    Value at
3/31/2022
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
    

Change in
Unrealized
Appreciation/

Depreciation

     Value at
9/30/2022
     Dividend
Income
 

WisdomTree International LargeCap Dividend Fund

   $ 882,052      $ 4,857,557      $ 4,185,119      $ (526,494    $ (87,108    $ 940,888      $ 87,261  

 

FINANCIAL DERIVATIVE INSTRUMENTS                                            
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)                                            
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

UBS AG

    10/3/2022       55,366       USD       50,000       GBP     $     $ (449 ) 

 

See Notes to Financial Statements.

 

38   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International High Dividend Fund (DTH)

September 30, 2022

 

FAIR VALUATION SUMMARY     

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other

Significant

Observable

Inputs

(Level 2)

   

Significant

Unobservable

Inputs

(Level 3)

     Total  

Assets:

 

    

Investments in Securities

 

    

Common Stocks

   $ 176,359,418      $     $      $ 176,359,418  

Rights

            0              0  

Exchange-Traded Fund

     940,888                     940,888  

Investment of Cash Collateral for Securities Loaned

            12,138,216              12,138,216  

Total Investments in Securities

   $ 177,300,306      $ 12,138,216     $      $ 189,438,522  

Liabilities:

 

    

Financial Derivative Instruments

 

    

Foreign Currency Contracts1

   $      $ (449   $      $ (449

Total – Net

   $ 177,300,306      $ 12,137,767     $      $ 189,438,073  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      39  


Schedule of Investments (unaudited)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.0%

 

Australia – 14.0%

 

Australia & New Zealand Banking Group Ltd.(a)

     110,580      $ 1,621,021  

BHP Group Ltd.

     579,824        14,360,172  

Coles Group Ltd.

     73,534        776,789  

Commonwealth Bank of Australia

     91,402        5,330,159  

CSL Ltd.

     4,817        882,733  

Fortescue Metals Group Ltd.(a)

     393,588        4,256,425  

Goodman Group(a)

     42,416        430,342  

Macquarie Group Ltd.

     9,476        930,583  

National Australia Bank Ltd.

     158,539        2,936,679  

Rio Tinto Ltd.

     177,644        9,915,286  

Telstra Corp. Ltd.(a)

     766,999        1,898,597  

Transurban Group

     88,888        705,238  

Wesfarmers Ltd.

     54,593        1,499,496  

Westpac Banking Corp.

     130,866        1,736,655  

Woodside Energy Group Ltd.

     107,966        2,197,734  

Woolworths Group Ltd.(a)

     52,696        1,150,256  
     

 

 

 
Total Australia               50,628,165  
Austria – 0.2%

 

OMV AG

     18,931        693,055  
Belgium – 0.3%

 

Anheuser-Busch InBev SA

     18,972        868,798  

UCB SA

     2,714        189,092  
     

 

 

 
Total Belgium               1,057,890  
China – 1.3%

 

BOC Hong Kong Holdings Ltd.

     565,134        1,882,604  

China Resources Beer Holdings Co. Ltd.

     26,000        181,009  

CITIC Ltd.

     2,090,000        1,970,216  

Wilmar International Ltd.

     220,400        589,822  
     

 

 

 
Total China               4,623,651  
Denmark – 1.6%

 

AP Moller – Maersk A/S, Class B

     242        442,078  

Carlsberg A/S, Class B

     2,702        318,192  

Coloplast A/S, Class B

     4,165        425,724  

Novo Nordisk A/S, Class B

     39,070        3,919,406  

Orsted A/S(b)

     5,835        467,037  

Vestas Wind Systems A/S

     7,139        133,207  
     

 

 

 
Total Denmark               5,705,644  
Finland – 2.1%

 

Fortum Oyj

     58,599        790,487  

Kone Oyj, Class B

     14,803        574,415  

Neste Oyj

     13,102        575,025  

Nordea Bank Abp

     435,044        3,750,454  

Sampo Oyj, Class A

     22,047        945,143  

UPM-Kymmene Oyj

     24,681        787,743  
     

 

 

 
Total Finland               7,423,267  
France – 11.3%

 

Air Liquide SA

     16,117        1,856,157  

Amundi SA(b)

     8,798        370,270  

AXA SA

     225,843        4,972,527  

BNP Paribas SA

     61,253      2,616,583  

Capgemini SE

     3,447        558,869  

Cie de Saint-Gobain

     19,512        708,208  

Cie Generale des Etablissements Michelin SCA

     20,915        474,431  

Credit Agricole SA

     204,796        1,678,056  

Danone SA

     25,964        1,235,408  

Electricite de France SA(a)

     57,395        668,539  

Engie SA

     114,954        1,333,583  

EssilorLuxottica SA

     6,409        881,198  

Hermes International

     606        722,494  

Kering SA

     1,724        774,453  

L’Oreal SA

     9,335        3,020,146  

Legrand SA

     7,017        458,234  

LVMH Moet Hennessy Louis Vuitton SE

     8,593        5,138,427  

Orange SA

     267,774        2,425,979  

Pernod Ricard SA

     4,284        792,569  

Publicis Groupe SA

     16,280        779,891  

Safran SA

     2,040        187,878  

Sanofi

     50,414        3,872,024  

Schneider Electric SE

     16,987        1,946,035  

Societe Generale SA

     18,136        362,712  

Thales SA(a)

     5,837        646,158  

Veolia Environnement SA

     27,307        527,268  

Vinci SA

     19,289        1,571,619  
     

 

 

 
Total France               40,579,716  
Germany – 7.9%

 

adidas AG

     2,573        299,654  

Allianz SE, Registered Shares

     21,027        3,332,934  

BASF SE

     50,945        1,976,367  

Bayer AG, Registered Shares

     43,310        2,011,753  

Bayerische Motoren Werke AG

     13,971        957,931  

Deutsche Boerse AG

     4,614        760,507  

Deutsche Post AG, Registered Shares

     50,167        1,529,181  

Deutsche Telekom AG, Registered Shares

     196,065        3,359,776  

Deutsche Wohnen SE

     11,050        211,144  

E.ON SE

     185,274        1,433,153  

Fresenius SE & Co. KGaA

     12,662        272,275  

Hannover Rueck SE

     5,675        857,277  

Hapag-Lloyd AG(b)

     5,343        914,427  

Henkel AG & Co. KGaA

     7,772        443,887  

Knorr-Bremse AG

     3,090        134,343  

Mercedes-Benz Group AG

     27,348        1,402,533  

Merck KGaA

     1,645        268,802  

Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares

     5,813        1,409,439  

RWE AG

     19,413        718,688  

SAP SE

     20,499        1,689,284  

Siemens AG, Registered Shares

     22,641        2,244,641  

Siemens Healthineers AG(b)

     17,257        748,589  

Vantage Towers AG

     12,524        325,623  

Volkswagen AG

     5,254        868,055  

Vonovia SE

     22,974        499,869  
     

 

 

 
Total Germany               28,670,132  

 

See Notes to Financial Statements.

 

40   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2022

 

 

 

Investments    Shares      Value  
Hong Kong – 2.9%

 

AIA Group Ltd.

     195,604      $ 1,630,885  

CLP Holdings Ltd.

     170,000        1,285,303  

Hang Seng Bank Ltd.

     121,118        1,839,165  

Henderson Land Development Co. Ltd.

     297,219        832,981  

Hong Kong & China Gas Co. Ltd.

     567,925        500,648  

Hong Kong Exchanges & Clearing Ltd.

     25,424        873,172  

Link REIT

     94,800        663,005  

MTR Corp. Ltd.

     193,438        888,348  

Sun Hung Kai Properties Ltd.

     152,442        1,686,593  

Techtronic Industries Co. Ltd.

     18,000        173,926  
     

 

 

 
Total Hong Kong               10,374,026  
Ireland – 0.2%

 

CRH PLC(a)

     23,066        747,270  
Italy – 3.0%

 

Assicurazioni Generali SpA(a)

     135,984        1,867,698  

Enel SpA

     553,777        2,291,552  

Eni SpA(a)

     211,705        2,262,699  

Intesa Sanpaolo SpA

     1,474,019        2,458,881  

Moncler SpA

     4,913        204,024  

Poste Italiane SpA(b)

     57,143        436,085  

Snam SpA

     279,583        1,135,562  

UniCredit SpA

     26,847        275,052  
     

 

 

 
Total Italy               10,931,553  
Japan – 17.7%

 

Advantest Corp.(a)

     4,600        212,926  

Aeon Co. Ltd.

     17,145        320,229  

Asahi Group Holdings Ltd.

     14,135        437,883  

Astellas Pharma, Inc.

     51,500        682,065  

Bridgestone Corp.

     23,755        766,259  

Canon, Inc.

     44,836        982,554  

Chugai Pharmaceutical Co. Ltd.

     26,600        666,355  

Dai-ichi Life Holdings, Inc.

     33,900        536,798  

Daikin Industries Ltd.

     2,000        308,059  

Daiwa House Industry Co. Ltd.

     24,100        490,092  

Denso Corp.

     16,300        741,662  

FANUC Corp.

     3,775        528,388  

Fast Retailing Co. Ltd.

     700        370,977  

FUJIFILM Holdings Corp.

     12,300        561,613  

Fujitsu Ltd.

     2,200        239,918  

Hitachi Ltd.

     17,700        747,644  

Honda Motor Co. Ltd.

     62,400        1,352,370  

Hoya Corp.

     3,000        287,678  

ITOCHU Corp.

     75,300        1,821,309  

Japan Post Holdings Co. Ltd.

     238,800        1,580,011  

Japan Tobacco, Inc.

     209,009        3,428,010  

Kao Corp.

     14,100        574,540  

KDDI Corp.

     125,380        3,675,342  

Keyence Corp.

     900        297,834  

Kirin Holdings Co. Ltd.

     36,900        567,732  

Komatsu Ltd.

     22,167        399,862  

Kyowa Kirin Co. Ltd.

     7,800        178,638  

Lasertec Corp.(a)

     700        71,066  

Mitsubishi Corp.(a)

     60,205      1,650,443  

Mitsubishi Electric Corp.

     61,481        554,091  

Mitsubishi UFJ Financial Group, Inc.

     612,000        2,754,624  

Mitsui Fudosan Co. Ltd.

     19,800        376,794  

Mizuho Financial Group, Inc.

     138,814        1,498,476  

MS&AD Insurance Group Holdings, Inc.

     31,400        832,156  

Murata Manufacturing Co. Ltd.

     16,710        765,627  

Nidec Corp.

     2,900        162,886  

Nintendo Co. Ltd.

     55,300        2,236,528  

Nippon Steel Corp.

     34,100        472,705  

Nippon Telegraph & Telephone Corp.

     215,204        5,807,363  

NTT Data Corp.

     17,400        224,314  

Olympus Corp.

     12,600        241,867  

Omron Corp.

     2,200        100,558  

Otsuka Holdings Co. Ltd.

     16,000        506,712  

Panasonic Holdings Corp.(a)

     44,584        312,484  

Recruit Holdings Co. Ltd.

     5,500        158,109  

Seven & I Holdings Co. Ltd.

     21,200        850,373  

SG Holdings Co. Ltd.

     13,400        183,302  

Shimano, Inc.

     1,200        188,525  

Shin-Etsu Chemical Co. Ltd.

     6,200        613,810  

Shionogi & Co. Ltd.

     4,600        222,111  

SMC Corp.

     650        261,446  

SoftBank Corp.(a)

     440,500        4,402,109  

SoftBank Group Corp.

     14,480        490,186  

Sony Group Corp.

     5,800        372,094  

Sumitomo Corp.

     61,110        760,999  

Sumitomo Mitsui Financial Group, Inc.

     77,794        2,162,721  

Suzuki Motor Corp.

     12,617        390,596  

Takeda Pharmaceutical Co. Ltd.

     99,000        2,576,483  

Tokio Marine Holdings, Inc.(a)

     78,900        1,398,173  

Tokyo Electron Ltd.

     4,450        1,097,551  

Toshiba Corp.

     13,000        462,358  

Toyota Motor Corp.

     442,665        5,737,259  
     

 

 

 
Total Japan               63,653,647  
Netherlands – 1.8%

 

ASM International NV

     578        132,358  

ASML Holding NV

     2,872        1,219,957  

Heineken NV

     6,995        615,779  

ING Groep NV

     152,594        1,324,171  

Koninklijke Ahold Delhaize NV(a)

     33,308        852,790  

Koninklijke DSM NV

     2,799        322,052  

Koninklijke Philips NV(a)

     21,815        341,937  

NN Group NV

     28,025        1,097,364  

Wolters Kluwer NV

     7,176        702,434  
     

 

 

 
Total Netherlands               6,608,842  
Norway – 1.6%

 

DNB Bank ASA

     66,032        1,047,386  

Equinor ASA

     105,321        3,461,006  

Telenor ASA(a)

     140,060        1,280,909  
     

 

 

 
Total Norway               5,789,301  
Portugal – 0.2%

 

EDP – Energias de Portugal SA

     182,693        794,650  

 

See Notes to Financial Statements.

 

WisdomTree Trust      41  


Schedule of Investments (unaudited) (continued)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2022

 

 

 

Investments    Shares      Value  
Singapore – 2.1%

 

DBS Group Holdings Ltd.

     114,134      $ 2,655,888  

Oversea-Chinese Banking Corp. Ltd.

     247,512        2,040,607  

Singapore Telecommunications Ltd.

     500,900        928,562  

United Overseas Bank Ltd.

     99,386        1,811,930  
     

 

 

 
Total Singapore               7,436,987  
Spain – 2.5%

 

Banco Bilbao Vizcaya Argentaria SA(a)

     270,628        1,224,990  

Banco Santander SA

     281,775        661,808  

Ferrovial SA

     10,823        247,998  

Iberdrola SA

     301,371        2,828,971  

Industria de Diseno Textil SA

     75,835        1,580,928  

Naturgy Energy Group SA(a)

     67,423        1,567,389  

Repsol SA

     85,916        993,598  
     

 

 

 
Total Spain               9,105,682  
Sweden – 1.9%

 

Assa Abloy AB, Class B

     27,374        517,263  

Atlas Copco AB, Class A

     62,595        591,120  

Atlas Copco AB, Class B

     35,007        294,188  

Epiroc AB, Class A

     10,814        156,059  

EQT AB(a)

     8,454        166,909  

Essity AB, Class B

     17,679        351,748  

Evolution AB(b)

     1,129        90,218  

Hexagon AB, Class B

     29,700        280,206  

Investment AB Latour, Class B(a)

     7,130        119,246  

Nibe Industrier AB, Class B

     13,441        121,238  

Sandvik AB

     26,925        370,120  

Skandinaviska Enskilda Banken AB, Class A

     100,878        970,829  

Svenska Handelsbanken AB, Class A

     82,711        682,855  

Swedbank AB, Class A

     15,942        210,956  

Telefonaktiebolaget LM Ericsson, Class B(a)

     68,602        404,843  

Telia Co. AB

     242,291        699,309  

Volvo AB, Class B

     51,510        733,742  
     

 

 

 
Total Sweden               6,760,849  
Switzerland – 11.8%

 

ABB Ltd., Registered Shares

     86,992        2,280,308  

Cie Financiere Richemont SA, Class A, Registered Shares

     10,086        966,124  

EMS-Chemie Holding AG, Registered Shares

     757        483,388  

Geberit AG, Registered Shares

     1,076        467,351  

Holcim AG*

     29,138        1,213,183  

Kuehne + Nagel International AG, Registered Shares(a)

     3,177        652,023  

Nestle SA, Registered Shares

     104,633        11,383,390  

Novartis AG, Registered Shares

     98,968        7,594,669  

Partners Group Holding AG

     769        628,638  

Roche Holding AG

     18,427        6,055,589  

Roche Holding AG, Bearer Shares(a)

     4,214        1,660,340  

SGS SA, Registered Shares

     384        829,058  

Sika AG, Registered Shares

     2,046        417,203  

Sonova Holding AG, Registered Shares

     788        176,134  

Swisscom AG, Registered Shares

     3,360        1,582,281  

UBS Group AG, Registered Shares

     84,374        1,240,857  

Zurich Insurance Group AG

     11,807      4,738,395  
     

 

 

 
Total Switzerland               42,368,931  
United Kingdom – 13.7%

 

Anglo American PLC

     91,146        2,783,268  

Antofagasta PLC

     39,061        486,400  

Ashtead Group PLC

     5,311        242,245  

AstraZeneca PLC

     37,552        4,168,453  

Aviva PLC

     239,863        1,039,440  

BAE Systems PLC

     217,630        1,918,742  

Barclays PLC

     287,266        462,734  

BP PLC

     920,775        4,451,664  

CNH Industrial NV

     21,280        242,450  

Coca-Cola Europacific Partners PLC

     9,800        425,305  

Diageo PLC

     74,136        3,142,734  

HSBC Holdings PLC

     784,707        4,093,398  

Imperial Brands PLC

     130,629        2,704,981  

Legal & General Group PLC

     384,956        930,357  

Linde PLC

     7,377        2,017,744  

Lloyds Banking Group PLC

     1,959,444        905,334  

London Stock Exchange Group PLC

     5,606        477,358  

National Grid PLC

     201,081        2,089,784  

NatWest Group PLC

     287,334        724,576  

Reckitt Benckiser Group PLC

     22,624        1,509,248  

RELX PLC

     44,704        1,098,865  

Segro PLC

     35,914        301,884  

Shell PLC

     252,637        6,335,547  

SSE PLC

     86,702        1,478,397  

Standard Chartered PLC

     58,274        368,711  

Tesco PLC

     278,245        642,331  

Unilever PLC

     100,434        4,449,821  
     

 

 

 
Total United Kingdom               49,491,771  
United States – 0.9%

 

GSK PLC

     233,970        3,410,496  
TOTAL COMMON STOCKS
(Cost: $381,145,593)
              356,855,525  
EXCHANGE-TRADED FUND – 0.1%

 

United States – 0.1%

 

WisdomTree International MidCap Dividend Fund(c)

     
(Cost: $374,308)      6,778        320,938  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.8%

 

United States – 3.8%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(d)

 

(Cost: $13,699,853)      13,699,853        13,699,853  
TOTAL INVESTMENTS IN SECURITIES – 102.9%
(Cost: $395,219,754)

 

     370,876,316  

Other Assets less Liabilities – (2.9)%

        (10,538,995
     

 

 

 
NET ASSETS – 100.0%             $ 360,337,321  
* 

Non-income producing security.

 

See Notes to Financial Statements.

 

42   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2022

 

 

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $18,415,945 and the total market value of the collateral held by the Fund was $20,213,142. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $6,513,289.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

INVESTMENT IN AFFILIATES     

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate    Value at
3/31/2022
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
    

Change in
Unrealized
Appreciation/

Depreciation

     Value at
9/30/2022
     Dividend
Income
 

WisdomTree International MidCap Dividend Fund

   $      $ 1,324,495      $ 822,365      $ (127,822    $ (53,370    $ 320,938      $ 18,410  

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Citibank NA

    10/5/2022       1,779,375       HKD       226,677       USD     $     $ (2

 

FAIR VALUATION SUMMARY     

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other
Significant

Observable

Inputs

(Level 2)

    

Significant

Unobservable

Inputs

(Level 3)

     Total  

Assets:

 

     

Investments in Securities

 

     

Common Stocks

   $ 356,855,525      $      $      $ 356,855,525  

Exchange-Traded Fund

     320,938                      320,938  

Investment of Cash Collateral for Securities Loaned

            13,699,853               13,699,853  

Total Investments in Securities

   $ 357,176,463      $ 13,699,853      $      $ 370,876,316  

Liabilities:

 

     

Financial Derivative Instruments

 

     

Foreign Currency Contracts1

   $      $ (2    $      $ (2

Total – Net

   $ 357,176,463      $ 13,699,851      $      $ 370,876,314  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      43  


Schedule of Investments (unaudited)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.0%

 

Australia – 10.3%

 

ALS Ltd.

     15,894      $ 103,519  

Alumina Ltd.

     146,658        119,282  

Ampol Ltd.

     7,105        131,335  

Ansell Ltd.

     5,628        91,151  

APA Group

     84,653        521,961  

ASX Ltd.(a)

     4,066        187,597  

Atlas Arteria Ltd.(a)

     54,292        217,471  

Aurizon Holdings Ltd.

     189,964        421,374  

Bank of Queensland Ltd.(a)

     35,493        148,560  

Bendigo & Adelaide Bank Ltd.(a)

     53,406        267,488  

BlueScope Steel Ltd.

     8,605        84,040  

Brambles Ltd.

     51,369        376,846  

carsales.com Ltd.

     8,261        99,908  

Challenger Ltd.(a)

     22,947        86,310  

Charter Hall Group(a)

     19,052        140,624  

Cleanaway Waste Management Ltd.(a)

     50,649        88,251  

Cochlear Ltd.

     1,018        127,331  

Computershare Ltd.

     19,065        303,504  

Dexus

     85,826        426,004  

Domino’s Pizza Enterprises Ltd.(a)

     2,351        77,876  

Downer EDI Ltd.

     30,876        90,722  

Evolution Mining Ltd.

     74,532        98,237  

GPT Group

     171,838        423,151  

Harvey Norman Holdings Ltd.(a)

     110,558        287,176  

IGO Ltd.

     9,927        87,441  

Insurance Australia Group Ltd.

     117,732        348,201  

JB Hi-Fi Ltd.(a)

     8,776        214,190  

Lendlease Corp. Ltd.(a)

     21,563        123,666  

Magellan Financial Group Ltd.(a)

     12,520        90,640  

Medibank Pvt Ltd.

     178,002        397,129  

Mirvac Group

     160,305        200,467  

Newcrest Mining Ltd.

     28,296        307,824  

Nine Entertainment Co. Holdings Ltd.

     84,690        101,552  

OZ Minerals Ltd.(a)

     7,390        122,491  

Premier Investments Ltd.

     7,908        114,654  

QBE Insurance Group Ltd.

     16,569        122,829  

Qube Holdings Ltd.(a)

     63,783        101,703  

Ramsay Health Care Ltd.

     6,072        223,621  

REA Group Ltd.(a)

     1,844        136,166  

Reece Ltd.

     8,520        76,801  

Santos Ltd.

     50,524        230,314  

Scentre Group

     286,372        467,672  

Seven Group Holdings Ltd.(a)

     9,489        103,411  

Sonic Healthcare Ltd.

     20,351        400,129  

South32 Ltd.

     100,041        233,486  

Steadfast Group Ltd.

     43,674        130,011  

Stockland

     147,419        309,941  

Suncorp Group Ltd.

     123,802        798,373  

Tabcorp Holdings Ltd.

     133,269        80,116  

Treasury Wine Estates Ltd.

     22,254        179,854  

Vicinity Centres

     295,156        329,252  

Washington H Soul Pattinson & Co. Ltd.(a)

     6,316        108,791  

Worley Ltd.(a)

     26,903      220,194  
     

 

 

 
Total Australia               11,280,637  
Austria – 1.1%

 

Andritz AG

     2,076        88,753  

BAWAG Group AG(b)

     13,719        597,534  

EVN AG

     6,050        100,994  

Telekom Austria AG*

     19,614        113,560  

Vienna Insurance Group AG Wiener Versicherung Gruppe

     5,497        112,549  

Voestalpine AG

     5,228        89,680  

Wienerberger AG

     4,792        96,706  
     

 

 

 
Total Austria               1,199,776  
Belgium – 1.9%

 

Ackermans & van Haaren NV

     698        88,962  

Aedifica SA

     1,541        119,035  

Cofinimmo SA

     1,605        133,334  

D’ieteren Group

     794        113,020  

Elia Group SA/NV

     1,839        216,910  

Etablissements Franz Colruyt NV(a)

     6,282        138,469  

Melexis NV

     1,253        85,925  

Proximus SADP

     30,379        315,315  

Solvay SA

     4,465        348,356  

Telenet Group Holding NV

     18,116        250,415  

Umicore SA

     4,994        147,407  

Warehouses De Pauw CVA

     7,130        175,461  
     

 

 

 
Total Belgium               2,132,609  
China – 2.9%

 

Beijing Enterprises Holdings Ltd.

     58,700        164,886  

BYD Electronic International Co. Ltd.(a)

     31,500        76,082  

China Everbright Environment Group Ltd.

     466,407        193,695  

China Merchants Port Holdings Co. Ltd.

     396,000        497,907  

China Power International Development Ltd.

     541,000        215,714  

China Resources Pharmaceutical Group Ltd.(b)

     278,500        191,227  

China Resources Power Holdings Co. Ltd.

     210,000        326,374  

China Taiping Insurance Holdings Co. Ltd.

     142,800        120,245  

CSPC Pharmaceutical Group Ltd.

     304,000        301,293  

Fosun International Ltd.

     254,000        157,579  

Guangdong Investment Ltd.

     478,208        383,180  

Lenovo Group Ltd.

     566,000        393,681  

Wharf Holdings Ltd.

     60,000        192,232  
     

 

 

 
Total China               3,214,095  
Denmark – 1.3%

 

H Lundbeck A/S

     15,299        49,012  

H Lundbeck A/S, Class A*

     3,825        11,412  

Novozymes A/S, Class B

     3,352        169,236  

Royal Unibrew A/S

     1,910        124,542  

Topdanmark A/S

     4,219        197,556  

Tryg A/S

     39,745        821,617  
     

 

 

 
Total Denmark               1,373,375  
Finland – 2.1%

 

Elisa Oyj

     11,104        504,197  

Huhtamaki Oyj

     3,156        100,977  

 

See Notes to Financial Statements.

 

44   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Kesko Oyj, Class A

     6,478      $ 116,897  

Kesko Oyj, Class B

     14,219        266,683  

Kojamo Oyj(a)

     5,762        74,059  

Konecranes Oyj

     2,588        51,924  

Metsa Board Oyj, Class B

     12,343        90,326  

Metso Outotec Oyj

     24,559        164,950  

Nokian Renkaat Oyj

     9,254        89,750  

Orion Oyj, Class B

     5,145        217,136  

Stora Enso Oyj, Class R

     14,962        191,867  

TietoEVRY Oyj(a)

     6,851        156,111  

Valmet Oyj

     7,701        157,147  

Wartsila Oyj Abp(a)

     13,757        88,706  
     

 

 

 
Total Finland               2,270,730  
France – 5.3%

 

ALD SA(a)(b)

     39,590        366,900  

Arkema SA

     2,988        219,774  

BioMerieux

     1,041        83,013  

Bouygues SA(a)

     23,806        626,184  

Bureau Veritas SA

     11,770        264,970  

Carrefour SA

     31,678        441,139  

Cie Plastic Omnium SA

     4,512        59,761  

Covivio

     6,001        291,122  

Edenred

     4,660        216,206  

Eiffage SA

     4,709        380,679  

Eurazeo SE

     3,212        169,446  

Eutelsat Communications SA(a)

     23,059        178,911  

Gecina SA

     4,108        323,763  

ICADE

     5,424        202,980  

Imerys SA

     3,256        99,073  

Ipsen SA

     1,270        118,070  

Klepierre SA*

     17,868        313,329  

La Francaise des Jeux SAEM(b)

     7,740        231,039  

Remy Cointreau SA(a)

     740        123,892  

Rexel SA

     15,924        241,487  

Rothschild & Co.

     2,751        90,283  

Rubis SCA

     7,899        165,521  

SEB SA(a)

     1,208        76,567  

SPIE SA

     6,545        138,367  

Trigano SA

     837        74,289  

Valeo

     3,591        54,985  

Verallia SA(b)

     6,838        154,877  

Wendel SE

     2,174        157,283  
     

 

 

 
Total France               5,863,910  
Germany – 4.4%

 

alstria office REIT AG

     8,939        64,496  

Aurubis AG

     1,226        64,833  

Bechtle AG

     1,729        62,891  

Brenntag SE

     5,082        310,564  

Covestro AG(b)

     5,597        161,971  

Dermapharm Holding SE

     1,491        54,453  

DWS Group GmbH & Co. KGaA(b)

     11,529        277,390  

Evonik Industries AG

     22,869        386,462  

Fielmann AG

     2,442        78,850  

Freenet AG

     16,077      306,334  

GEA Group AG

     6,747        220,367  

HeidelbergCement AG

     8,565        342,760  

Hella GmbH & Co. KGaA

     2,097        139,900  

Hochtief AG

     5,208        249,285  

LANXESS AG

     2,125        62,599  

LEG Immobilien SE

     2,587        155,508  

ProSiebenSat.1 Media SE

     17,425        124,716  

Rheinmetall AG

     1,325        205,349  

Scout24 SE(b)

     1,505        76,255  

Stroeer SE & Co. KGaA

     2,262        85,802  

TAG Immobilien AG

     6,613        53,220  

Talanx AG*

     11,851        422,598  

Telefonica Deutschland Holding AG

     294,521        598,117  

Traton SE

     7,567        90,735  

United Internet AG, Registered Shares

     4,730        89,246  

Varta AG

     1,079        31,024  

Wacker Chemie AG

     1,294        134,563  
     

 

 

 
Total Germany               4,850,288  
Hong Kong – 3.4%

 

Bank of East Asia Ltd.

     127,980        140,209  

Hang Lung Group Ltd.

     71,000        114,687  

Hang Lung Properties Ltd.

     241,000        395,429  

Hysan Development Co. Ltd.

     69,000        173,865  

Power Assets Holdings Ltd.

     243,000        1,219,659  

Sino Land Co. Ltd.

     479,046        633,447  

Swire Pacific Ltd., Class A

     47,500        355,498  

Swire Properties Ltd.

     323,400        696,246  
     

 

 

 
Total Hong Kong               3,729,040  
Ireland – 0.3%

 

Glanbia PLC

     11,654        134,490  

Smurfit Kappa Group PLC

     6,649        191,047  
     

 

 

 
Total Ireland               325,537  
Israel – 1.4%

 

Azrieli Group Ltd.

     2,673        183,508  

Bank Hapoalim BM

     25,794        219,358  

Bank Leumi Le-Israel BM

     27,641        237,941  

Elbit Systems Ltd.

     688        130,944  

First International Bank of Israel Ltd.

     2,472        100,769  

ICL Group Ltd.

     30,085        243,586  

Mizrahi Tefahot Bank Ltd.

     8,224        290,160  

Strauss Group Ltd.

     5,066        120,731  
     

 

 

 
Total Israel               1,526,997  
Italy – 4.8%

 

A2A SpA

     256,012        250,752  

ACEA SpA

     11,219        122,436  

Azimut Holding SpA

     11,993        172,768  

Banca Mediolanum SpA

     78,369        496,729  

Banco BPM SpA(a)

     39,490        104,221  

BPER Banca

     42,671        66,090  

Brembo SpA

     9,277        77,204  

De’ Longhi SpA(a)

     3,702        54,654  

 

See Notes to Financial Statements.

 

WisdomTree Trust      45  


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2022

 

 

 

Investments    Shares      Value  

DiaSorin SpA(a)

     443      $ 49,822  

ERG SpA

     5,609        155,285  

Hera SpA(a)

     101,152        216,619  

Infrastrutture Wireless Italiane SpA(b)

     40,734        357,948  

Iren SpA

     90,093        119,768  

Italgas SpA

     70,743        330,993  

Mediobanca Banca di Credito Finanziario SpA

     71,673        565,928  

Pirelli & C. SpA(b)

     21,811        71,794  

Prysmian SpA

     5,596        162,380  

Recordati Industria Chimica e Farmaceutica SpA

     5,748        212,233  

Terna – Rete Elettrica Nazionale

     151,754        929,161  

Unipol Gruppo SpA

     53,029        207,488  

UnipolSai Assicurazioni SpA(a)

     273,811        571,349  
     

 

 

 
Total Italy               5,295,622  
Japan – 28.4%

 

ABC-Mart, Inc.

     3,578        154,001  

Acom Co. Ltd.(a)

     37,300        80,143  

Aeon Mall Co. Ltd.

     8,600        95,658  

AGC, Inc.

     10,328        320,375  

Air Water, Inc.

     8,500        100,301  

Aisin Corp.(a)

     13,700        351,149  

Ajinomoto Co., Inc.

     14,900        407,847  

Amada Co. Ltd.

     14,700        99,628  

Asahi Kasei Corp.

     46,800        308,939  

Azbil Corp.

     2,900        75,533  

Brother Industries Ltd.

     9,300        160,049  

Canon Marketing Japan, Inc.

     5,200        114,961  

Capcom Co. Ltd.

     4,700        118,194  

Casio Computer Co. Ltd.(a)

     9,900        86,795  

Chiba Bank Ltd.(a)

     33,000        177,602  

Chubu Electric Power Co., Inc.(a)

     33,600        302,701  

Chugoku Electric Power Co., Inc.

     30,200        153,144  

COMSYS Holdings Corp.

     5,800        98,653  

Concordia Financial Group Ltd.

     54,000        166,762  

Dai Nippon Printing Co. Ltd.

     10,279        205,942  

Daifuku Co. Ltd.

     1,300        61,163  

Daito Trust Construction Co. Ltd.

     3,120        292,503  

Daiwa Securities Group, Inc.(a)

     116,400        455,484  

Denka Co. Ltd.

     4,200        92,128  

Dentsu Group, Inc.

     6,500        184,566  

Disco Corp.

     1,000        221,078  

Ebara Corp.

     3,500        114,494  

ENEOS Holdings, Inc.

     272,200        874,643  

Fuji Electric Co. Ltd.

     3,975        145,274  

Fukuoka Financial Group, Inc.

     10,500        186,141  

Hakuhodo DY Holdings, Inc.

     11,100        78,067  

Hamamatsu Photonics KK

     2,800        119,935  

Hankyu Hanshin Holdings, Inc.

     1,800        54,095  

Haseko Corp.

     17,900        194,279  

Hirose Electric Co. Ltd.

     875        114,736  

Hoshizaki Corp.

     2,600        72,479  

Hulic Co. Ltd.

     32,300        237,210  

Idemitsu Kosan Co. Ltd.(a)

     19,866        430,273  

Iida Group Holdings Co. Ltd.

     11,800      160,029  

Inpex Corp.

     58,500        549,252  

Isuzu Motors Ltd.

     30,900        340,926  

Itochu Techno-Solutions Corp.

     6,100        142,865  

Japan Exchange Group, Inc.

     13,800        186,152  

Japan Post Insurance Co. Ltd.

     32,600        456,303  

JFE Holdings, Inc.(a)

     29,900        277,011  

JSR Corp.(a)

     6,000        113,994  

Kajima Corp.

     25,976        246,399  

Kakaku.com, Inc.

     3,200        54,430  

Kansai Electric Power Co., Inc.

     54,200        453,835  

Kansai Paint Co. Ltd.(a)

     5,600        79,196  

Kikkoman Corp.

     1,600        90,642  

Kobayashi Pharmaceutical Co. Ltd.

     1,000        58,586  

Koei Tecmo Holdings Co. Ltd.

     7,820        128,312  

Koito Manufacturing Co. Ltd.

     4,000        54,468  

Konami Group Corp.(a)

     2,900        133,835  

Kuraray Co. Ltd.

     12,400        86,610  

Kurita Water Industries Ltd.(a)

     3,100        110,512  

Kyushu Electric Power Co., Inc.

     27,600        147,205  

Kyushu Railway Co.

     8,400        181,353  

Lawson, Inc.

     1,500        49,121  

Lixil Corp.

     10,500        153,715  

Makita Corp.(a)

     4,500        87,019  

Marubeni Corp.

     85,700        750,752  

MatsukiyoCocokara & Co.

     2,000        86,082  

McDonald’s Holdings Co. Japan Ltd.

     1,900        66,158  

Medipal Holdings Corp.(a)

     8,800        112,048  

MEIJI Holdings Co. Ltd.

     4,300        191,019  

MINEBEA MITSUMI, Inc.

     7,300        107,877  

MISUMI Group, Inc.

     3,400        73,288  

Mitsubishi Chemical Group Corp.

     46,800        213,913  

Mitsubishi Gas Chemical Co., Inc.

     9,700        127,059  

Mitsubishi HC Capital, Inc.

     82,120        352,887  

Mitsubishi Heavy Industries Ltd.

     16,600        551,173  

Mitsui Chemicals, Inc.

     7,800        151,910  

Mitsui OSK Lines Ltd.(a)

     42,000        755,011  

Nabtesco Corp.

     3,500        71,453  

NEC Corp.

     5,000        159,764  

NGK Insulators Ltd.

     10,700        133,062  

NGK Spark Plug Co. Ltd.

     10,900        192,931  

NH Foods Ltd.

     3,800        100,024  

Nichirei Corp.

     2,900        47,784  

Nikon Corp.

     10,600        100,108  

Nippon Express Holdings, Inc.

     1,600        81,357  

Nippon Sanso Holdings Corp.

     8,300        130,798  

Nippon Yusen KK(a)

     43,800        746,517  

Nissan Chemical Corp.

     3,400        151,508  

Nisshin Seifun Group, Inc.

     9,800        99,391  

Nissin Foods Holdings Co. Ltd.(a)

     1,900        132,184  

Nitto Denko Corp.

     4,800        259,657  

NOF Corp.

     1,900        68,521  

Nomura Real Estate Holdings, Inc.

     7,668        173,496  

Oji Holdings Corp.

     36,062        134,038  

 

See Notes to Financial Statements.

 

46   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Ono Pharmaceutical Co. Ltd.

     16,600      $ 387,748  

Open House Group Co. Ltd.

     3,000        101,454  

Oracle Corp.

     2,600        138,312  

Osaka Gas Co. Ltd.

     24,200        365,479  

Otsuka Corp.

     5,200        162,562  

Pan Pacific International Holdings Corp.

     5,700        100,812  

Persol Holdings Co. Ltd.

     4,400        81,315  

Pola Orbis Holdings, Inc.

     5,100        57,608  

Resona Holdings, Inc.

     143,500        523,458  

Rohm Co. Ltd.

     2,500        163,391  

Ryohin Keikaku Co. Ltd.

     6,600        55,127  

Sanwa Holdings Corp.

     12,400        106,571  

SBI Holdings, Inc.

     12,100        217,013  

SCSK Corp.

     9,800        148,275  

Sega Sammy Holdings, Inc.

     9,600        130,591  

Seiko Epson Corp.(a)

     15,400        209,596  

Sekisui Chemical Co. Ltd.

     11,600        141,689  

Sekisui House Ltd.

     22,500        373,225  

Sharp Corp.(a)

     17,600        104,935  

Shimadzu Corp.

     4,600        120,605  

Shimamura Co. Ltd.

     1,200        101,392  

Shimizu Corp.

     35,300        172,909  

Shinko Electric Industries Co. Ltd.(a)

     2,700        58,106  

Shizuoka Bank Ltd.*(a)

     25,800        156,142  

Showa Denko KK

     5,300        75,210  

Sojitz Corp.

     10,380        152,317  

Sompo Holdings, Inc.

     26,900        1,070,834  

Square Enix Holdings Co. Ltd.

     1,800        77,474  

Stanley Electric Co. Ltd.

     4,600        71,950  

Subaru Corp.

     23,600        353,319  

Sumitomo Chemical Co. Ltd.

     64,400        221,125  

Sumitomo Electric Industries Ltd.

     25,612        259,048  

Sumitomo Forestry Co. Ltd.

     7,500        114,253  

Sumitomo Heavy Industries Ltd.

     5,200        96,028  

Sumitomo Metal Mining Co. Ltd.

     13,600        390,867  

Sumitomo Mitsui Trust Holdings, Inc.

     18,600        526,729  

Sumitomo Pharma Co. Ltd.

     8,090        57,624  

Sumitomo Rubber Industries Ltd.

     21,400        170,171  

Sundrug Co. Ltd.

     5,400        131,134  

Suntory Beverage & Food Ltd.

     7,200        255,180  

T&D Holdings, Inc.

     24,951        235,642  

Taisei Corp.

     9,975        277,035  

Taiyo Yuden Co. Ltd.

     2,800        72,058  

TDK Corp.

     7,400        227,759  

TIS, Inc.

     6,000        158,969  

Tokyo Century Corp.(a)

     3,600        114,657  

Tokyo Gas Co. Ltd.

     17,600        298,025  

Tokyo Tatemono Co. Ltd.

     9,600        136,494  

Tokyu Corp.(a)

     9,000        102,408  

Tokyu Fudosan Holdings Corp.

     23,800        123,485  

Toray Industries, Inc.

     32,100        157,855  

Tosoh Corp.

     13,800        153,498  

TOTO Ltd.

     3,600        119,880  

Toyo Suisan Kaisha Ltd.

     3,400        139,998  

Toyota Boshoku Corp.

     10,900      133,440  

Toyota Tsusho Corp.

     10,700        331,176  

Trend Micro, Inc.

     4,930        266,348  

Tsuruha Holdings, Inc.

     1,000        58,655  

USS Co. Ltd.

     13,900        214,821  

Yakult Honsha Co. Ltd.

     2,600        151,066  

Yamada Holdings Co. Ltd.

     57,200        188,105  

Yamaha Corp.

     2,900        102,981  

Yamaha Motor Co. Ltd.

     22,360        418,173  

Yamato Holdings Co. Ltd.(a)

     9,900        148,898  

Yaskawa Electric Corp.(a)

     3,300        94,957  

Yokogawa Electric Corp.

     5,400        84,873  

Yokohama Rubber Co. Ltd.

     10,700        163,814  

Zeon Corp.

     6,300        55,625  

ZOZO, Inc.

     4,900        97,970  
     

 

 

 
Total Japan               31,200,708  
Netherlands – 3.0%

 

Aalberts NV

     2,937        97,164  

Aegon NV

     85,358        343,013  

Arcadis NV

     2,566        84,463  

ASR Nederland NV

     9,068        351,519  

BE Semiconductor Industries NV

     3,772        164,771  

CTP NV(a)(b)

     5,112        52,884  

Euronext NV(a)(b)

     2,279        145,344  

IMCD NV(a)

     560        67,259  

Koninklijke KPN NV

     390,623        1,060,771  

Koninklijke Vopak NV

     5,186        95,005  

Randstad NV(a)

     12,190        532,371  

SBM Offshore NV(a)

     11,071        139,855  

Signify NV(b)

     8,025        209,357  
     

 

 

 
Total Netherlands               3,343,776  
Norway – 3.8%

 

Aker ASA, Class A

     1,654        107,158  

Aker BP ASA(a)

     40,900        1,173,263  

Entra ASA(b)

     6,161        57,385  

Gjensidige Forsikring ASA

     31,245        536,173  

Kongsberg Gruppen ASA

     9,911        301,953  

Leroy Seafood Group ASA

     21,081        82,759  

Mowi ASA

     5,636        71,631  

Norsk Hydro ASA

     70,130        378,669  

Orkla ASA

     39,708        288,593  

Salmar ASA

     4,366        147,119  

SpareBank 1 SR-Bank ASA

     12,665        118,546  

Storebrand ASA

     20,467        141,728  

Yara International ASA

     21,283        748,609  
     

 

 

 
Total Norway               4,153,586  
Portugal – 0.8%

 

Galp Energia SGPS SA(a)

     60,711        584,287  

Jeronimo Martins SGPS SA

     17,248        321,888  
     

 

 

 
Total Portugal               906,175  

 

See Notes to Financial Statements.

 

WisdomTree Trust      47  


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2022

 

 

 

Investments    Shares      Value  
Singapore – 2.0%

 

Genting Singapore Ltd.(a)

     279,000      $ 152,634  

Jardine Cycle & Carriage Ltd.

     14,411        339,360  

Keppel Corp. Ltd.

     82,300        398,624  

Olam Group Ltd.

     181,800        165,975  

Singapore Exchange Ltd.

     45,200        297,994  

Singapore Technologies Engineering Ltd.

     228,600        570,345  

UOL Group Ltd.

     23,800        110,301  

Venture Corp. Ltd.

     15,000        171,754  
     

 

 

 
Total Singapore               2,206,987  
Spain – 2.9%

 

Acciona SA

     2,447        432,935  

Acerinox SA

     20,591        165,370  

Bankinter SA(a)

     46,275        261,392  

Cie Automotive SA

     3,837        79,990  

Enagas SA(a)

     28,964        449,453  

Fluidra SA(a)

     6,245        94,950  

Fomento de Construcciones y Contratas SA(a)

     19,209        156,002  

Grifols SA*(a)

     11,359        98,837  

Grupo Catalana Occidente SA

     4,712        118,403  

Inmobiliaria Colonial Socimi SA

     21,012        101,605  

Mapfre SA(a)

     284,828        443,660  

Red Electrica Corp. SA

     36,930        568,364  

Viscofan SA

     2,835        155,251  
     

 

 

 
Total Spain               3,126,212  
Sweden – 4.1%

 

AAK AB

     4,611        61,224  

Alfa Laval AB

     8,253        207,041  

Axfood AB

     13,962        320,695  

BillerudKorsnas AB

     7,890        93,422  

Boliden AB

     8,088        252,570  

Castellum AB(a)

     16,894        190,519  

Dometic Group AB(b)

     9,794        50,958  

Electrolux AB, Class B(a)

     15,041        157,519  

Elekta AB, Class B

     11,209        57,431  

Fabege AB(a)

     12,591        86,115  

Getinge AB, Class B

     4,728        81,672  

Hexpol AB

     14,029        116,176  

Holmen AB, Class B

     3,022        115,597  

Hufvudstaden AB, Class A

     4,507        49,669  

Husqvarna AB, Class B(a)

     13,052        73,037  

Indutrade AB

     5,341        87,785  

Intrum AB

     7,085        89,795  

L E Lundbergforetagen AB, Class B

     1,329        48,430  

Lifco AB, Class B(a)

     7,748        109,055  

Orron Energy AB(a)

     23,151        41,671  

Saab AB, Class B

     3,211        100,576  

Sagax AB, Class B

     3,666        60,849  

Samhallsbyggnadsbolaget i Norden AB(a)

     22,099        24,225  

Securitas AB, Class B(a)

     12,381        86,575  

Skanska AB, Class B

     13,848        174,075  

SKF AB, Class B(a)

     16,857        228,228  

Svenska Cellulosa AB SCA, Class B

     11,736        150,170  

Swedish Match AB

     54,977      544,940  

Tele2 AB, Class B

     57,528        497,652  

Thule Group AB(a)(b)

     3,184        64,125  

Trelleborg AB, Class B

     12,752        241,193  

Wihlborgs Fastigheter AB

     12,965        78,684  
     

 

 

 
Total Sweden               4,541,673  
Switzerland – 5.1%

 

Adecco Group AG, Registered Shares

     10,759        299,623  

Allreal Holding AG, Registered Shares

     523        73,329  

Baloise Holding AG, Registered Shares

     2,272        292,469  

Banque Cantonale Vaudoise, Registered Shares

     5,492        522,835  

BKW AG

     2,052        246,219  

Clariant AG, Registered Shares*(a)

     15,613        252,219  

Coca-Cola HBC AG

     15,566        329,108  

DKSH Holding AG

     2,521        183,904  

Galenica AG(b)

     2,888        210,530  

Helvetia Holding AG, Registered Shares

     2,833        267,397  

Julius Baer Group Ltd.

     10,524        465,120  

Logitech International SA, Registered Shares(a)

     2,305        107,610  

OC Oerlikon Corp. AG, Registered Shares

     16,837        108,626  

PSP Swiss Property AG, Registered Shares

     2,693        270,873  

SFS Group AG

     1,185        102,578  

SIG Group AG*

     9,700        198,878  

Stadler Rail AG(a)

     2,725        75,638  

Sulzer AG, Registered Shares

     2,048        119,124  

Swatch Group AG, Bearer Shares

     501        114,274  

Swatch Group AG, Registered Shares

     2,218        94,106  

Swiss Life Holding AG, Registered Shares

     1,624        723,519  

Swiss Prime Site AG, Registered Shares

     3,496        280,604  

Temenos AG, Registered Shares

     797        54,610  

VAT Group AG(b)

     688        142,458  

Vontobel Holding AG, Registered Shares

     2,201        119,414  
     

 

 

 
Total Switzerland               5,655,065  
United Kingdom – 9.7%

 

Abrdn PLC

     148,264        230,220  

Admiral Group PLC

     43,480        929,235  

Airtel Africa PLC(a)(b)

     147,726        213,059  

Ashmore Group PLC(a)

     45,577        100,280  

Auto Trader Group PLC(b)

     11,384        65,446  

Barratt Developments PLC

     57,313        218,934  

Bellway PLC

     4,292        81,593  

Big Yellow Group PLC

     7,953        94,106  

British Land Co. PLC

     36,959        144,689  

Britvic PLC

     11,696        93,679  

Bunzl PLC

     12,986        400,097  

Burberry Group PLC

     11,726        236,662  

Close Brothers Group PLC

     12,323        127,588  

Computacenter PLC

     4,593        99,108  

ConvaTec Group PLC(b)

     60,456        138,753  

DCC PLC

     3,014        157,763  

Dechra Pharmaceuticals PLC

     2,378        69,603  

Derwent London PLC

     3,044        68,640  

Diploma PLC

     2,286        59,305  

 

See Notes to Financial Statements.

 

48   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Direct Line Insurance Group PLC

     122,253      $ 253,154  

DS Smith PLC

     52,553        150,710  

Dunelm Group PLC(a)

     7,629        62,169  

Fresnillo PLC(a)

     23,401        200,934  

Grafton Group PLC

     8,913        66,841  

Halma PLC

     3,567        81,429  

Hargreaves Lansdown PLC(a)

     18,242        176,593  

Hikma Pharmaceuticals PLC

     5,106        77,717  

Howden Joinery Group PLC

     16,815        94,829  

IMI PLC

     8,033        100,343  

Inchcape PLC

     12,658        96,438  

Intertek Group PLC

     4,352        180,091  

Investec PLC

     36,289        147,090  

J. Sainsbury PLC

     105,283        204,850  

Johnson Matthey PLC

     6,562        134,233  

Kingfisher PLC(a)

     94,161        231,667  

Land Securities Group PLC

     46,534        271,054  

Mondi PLC

     16,636        258,876  

OSB Group PLC

     30,608        143,641  

Pearson PLC

     31,118        301,100  

Pennon Group PLC

     8,584        75,413  

Redrow PLC

     18,189        81,055  

Rentokil Initial PLC(a)

     29,543        157,474  

Rightmove PLC

     12,463        67,086  

Rotork PLC

     30,043        78,544  

Royal Mail PLC(a)

     47,002        96,778  

RS Group PLC

     13,945        150,842  

Sage Group PLC

     32,372        251,946  

Schroders PLC

     76,131        330,847  

Severn Trent PLC

     11,360        298,641  

Smith & Nephew PLC

     23,479        275,332  

Smiths Group PLC

     13,810        232,783  

Softcat PLC

     6,252        83,051  

Spectris PLC

     3,716        113,494  

Spirax-Sarco Engineering PLC

     1,311      152,201  

St. James’s Place PLC

     22,050        255,005  

Tate & Lyle PLC

     35,686        270,887  

Taylor Wimpey PLC

     252,023        248,417  

Unite Group PLC

     9,297        89,097  

United Utilities Group PLC

     52,293        518,834  

Vistry Group PLC(a)

     9,783        64,323  
     

 

 

 
Total United Kingdom               10,654,569  
TOTAL COMMON STOCKS
(Cost: $140,968,558)
              108,851,367  
RIGHTS – 0.0%

 

Australia – 0.0%

 

Atlas Arteria Ltd., expiring 10/6/22
(Cost: $0)
     27,232        0  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.1%

 

United States – 7.1%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

 

(Cost: $7,829,192)      7,829,192        7,829,192  
TOTAL INVESTMENTS IN SECURITIES – 106.1%
(Cost: $148,797,750)
        116,680,559  

Other Assets less Liabilities – (6.1)%

        (6,729,360
     

 

 

 
NET ASSETS – 100.0%             $ 109,951,199  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $14,218,992 and the total market value of the collateral held by the Fund was $15,930,903. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $8,101,711.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FAIR VALUATION SUMMARY     

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other

Significant

Observable

Inputs

(Level 2)

    

Significant

Unobservable

Inputs

(Level 3)

     Total  

Assets:

 

     

Investments in Securities

 

     

Common Stocks

   $ 108,851,367      $      $      $ 108,851,367  

Rights

            0               0  

Investment of Cash Collateral for Securities Loaned

            7,829,192               7,829,192  

Total Investments in Securities

   $ 108,851,367      $ 7,829,192      $      $ 116,680,559  

 

See Notes to Financial Statements.

 

WisdomTree Trust      49  


Schedule of Investments (unaudited)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 97.7%

 

Australia – 11.1%

 

Ampol Ltd.

     9,443      $ 174,552  

APA Group

     17,181        105,936  

ASX Ltd.(a)

     2,231        102,934  

Aurizon Holdings Ltd.

     68,507        151,961  

Australia & New Zealand Banking Group Ltd.(a)

     10,320        151,284  

BHP Group Ltd.

     3,718        92,082  

BlueScope Steel Ltd.(a)

     6,736        65,786  

Brambles Ltd.

     16,921        124,133  

Coles Group Ltd.(a)

     11,361        120,014  

Commonwealth Bank of Australia(a)

     2,341        136,517  

Endeavour Group Ltd.(a)

     19,862        89,392  

Macquarie Group Ltd.

     1,267        124,425  

Medibank Pvt Ltd.

     102,128        227,851  

National Australia Bank Ltd.(a)

     6,356        117,735  

QBE Insurance Group Ltd.

     17,494        129,687  

Rio Tinto Ltd.

     6,994        392,887  

Sonic Healthcare Ltd.(a)

     11,186        219,932  

South32 Ltd.

     27,490        64,159  

Telstra Corp. Ltd.(a)

     57,388        142,056  

Westpac Banking Corp.(a)

     10,686        141,808  

Woodside Energy Group Ltd.

     7,459        151,834  

Woolworths Group Ltd.(a)

     4,885        106,630  
     

 

 

 
Total Australia               3,133,595  
Belgium – 0.4%

 

Elia Group SA/NV

     663        78,201  

Proximus SADP

     3,078        31,948  
     

 

 

 
Total Belgium               110,149  
China – 1.2%

 

BOC Hong Kong Holdings Ltd.

     31,500        104,935  

SITC International Holdings Co. Ltd.

     26,000        48,092  

WH Group Ltd.(b)

     79,000        49,816  

Wilmar International Ltd.

     28,200        75,467  

Xinyi Glass Holdings Ltd.

     39,000        56,737  
     

 

 

 
Total China               335,047  
Denmark – 0.4%

 

AP Moller – Maersk A/S, Class B

     67        122,394  
Finland – 0.8%

 

Elisa Oyj

     1,258        57,122  

Orion Oyj, Class B

     4,232        178,604  
     

 

 

 
Total Finland               235,726  
France – 9.3%

 

Carrefour SA

     15,239        212,214  

Dassault Aviation SA

     2,136        244,826  

Ipsen SA

     3,742        347,889  

Klepierre SA*

     10,309        180,776  

La Francaise des Jeux SAEM(b)

     13,809        412,198  

Orange SA

     25,293        229,150  

Sanofi

     5,086        390,628  

Thales SA

     2,562        283,614  

TotalEnergies SE(a)

     4,807        227,335  

Vivendi SE

     14,388      112,367  
     

 

 

 
Total France               2,640,997  
Germany – 4.4%

 

Bayer AG, Registered Shares

     6,727        312,470  

Bayerische Motoren Werke AG

     4,881        334,669  

Deutsche Telekom AG, Registered Shares

     9,801        167,950  

Hannover Rueck SE

     1,919        289,888  

Telefonica Deutschland Holding AG

     63,043        128,029  
     

 

 

 
Total Germany               1,233,006  
Hong Kong – 4.5%

 

CK Asset Holdings Ltd.

     22,500        135,288  

CK Infrastructure Holdings Ltd.

     22,500        114,795  

CLP Holdings Ltd.

     15,000        113,409  

Hongkong Land Holdings Ltd.

     25,400        112,268  

Jardine Matheson Holdings Ltd.

     2,400        121,536  

MTR Corp. Ltd.

     34,000        156,142  

Power Assets Holdings Ltd.

     24,000        120,460  

Sino Land Co. Ltd.

     112,000        148,099  

Sun Hung Kai Properties Ltd.

     12,000        132,766  

Swire Pacific Ltd., Class A

     17,500        130,973  
     

 

 

 
Total Hong Kong               1,285,736  
Israel – 1.5%

 

Check Point Software Technologies Ltd.*

     2,239        250,813  

Teva Pharmaceutical Industries Ltd., ADR*

     17,005        137,230  

ZIM Integrated Shipping Services Ltd.(a)

     1,808        42,488  
     

 

 

 
Total Israel               430,531  
Italy – 0.4%

 

Snam SpA

     28,736        116,715  
Japan – 26.0%

 

AGC, Inc.

     1,200        37,224  

Aisin Corp.

     5,200        133,283  

Ajinomoto Co., Inc.

     3,700        101,277  

Brother Industries Ltd.

     2,600        44,745  

Canon, Inc.

     2,800        61,360  

Dai Nippon Printing Co. Ltd.

     3,200        64,113  

Dai-ichi Life Holdings, Inc.

     10,500        166,265  

Daito Trust Construction Co. Ltd.

     900        84,376  

Daiwa House Industry Co. Ltd.

     4,700        95,578  

Dentsu Group, Inc.

     900        25,555  

ENEOS Holdings, Inc.(a)

     60,600        194,722  

Hankyu Hanshin Holdings, Inc.

     2,300        69,122  

Idemitsu Kosan Co. Ltd.

     7,600        164,607  

Inpex Corp.

     16,300        153,040  

ITOCHU Corp.

     3,700        89,493  

Itochu Techno-Solutions Corp.

     5,800        135,839  

Japan Post Holdings Co. Ltd.

     30,600        202,464  

Japan Post Insurance Co. Ltd.

     13,400        187,560  

Japan Tobacco, Inc.

     5,900        96,767  

Kajima Corp.

     6,100        57,862  

Kansai Electric Power Co., Inc.(a)

     8,700        72,848  

KDDI Corp.

     3,900        114,323  

Kintetsu Group Holdings Co. Ltd.(a)

     2,200        73,260  

 

See Notes to Financial Statements.

 

50   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2022

 

 

 

Investments    Shares      Value  

Kirin Holdings Co. Ltd.

     6,400      $ 98,468  

Marubeni Corp.

     4,400        38,545  

McDonald’s Holdings Co. Japan Ltd.

     6,600        229,811  

MEIJI Holdings Co. Ltd.

     2,100        93,288  

Mitsubishi Chemical Group Corp.

     6,700        30,624  

Mitsubishi Corp.(a)

     2,600        71,276  

Mitsubishi Heavy Industries Ltd.

     1,500        49,805  

Mitsui Fudosan Co. Ltd.(a)

     1,500        28,545  

Mitsui OSK Lines Ltd.(a)

     1,200        21,572  

Mizuho Financial Group, Inc.

     18,800        202,943  

MS&AD Insurance Group Holdings, Inc.

     7,500        198,763  

NGK Insulators Ltd.

     4,300        53,473  

Nintendo Co. Ltd.(a)

     2,000        80,887  

Nippon Steel Corp.

     1,800        24,952  

Nippon Telegraph & Telephone Corp.

     4,800        129,530  

Nippon Yusen KK(a)

     6,300        107,376  

Nisshin Seifun Group, Inc.(a)

     6,100        61,866  

Nissin Foods Holdings Co. Ltd.(a)

     1,400        97,399  

Nomura Real Estate Holdings, Inc.

     1,300        29,414  

NTT Data Corp.

     2,000        25,783  

Oji Holdings Corp.

     16,200        60,213  

Olympus Corp.

     3,500        67,185  

Ono Pharmaceutical Co. Ltd.(a)

     7,200        168,180  

Oracle Corp.

     600        31,918  

Osaka Gas Co. Ltd.

     5,300        80,043  

Otsuka Holdings Co. Ltd.

     4,900        155,181  

SBI Holdings, Inc.

     1,700        30,489  

SCSK Corp.

     6,400        96,832  

Secom Co. Ltd.

     1,500        85,765  

Seiko Epson Corp.

     2,300        31,303  

Sekisui Chemical Co. Ltd.

     13,200        161,233  

Sekisui House Ltd.

     11,800        195,736  

SG Holdings Co. Ltd.

     3,400        46,509  

SoftBank Corp.

     7,000        69,954  

Sompo Holdings, Inc.

     6,300        250,790  

Square Enix Holdings Co. Ltd.

     700        30,129  

Sumitomo Chemical Co. Ltd.

     14,500        49,788  

Sumitomo Corp.

     4,600        57,284  

Sumitomo Metal Mining Co. Ltd.

     1,000        28,740  

Sumitomo Mitsui Financial Group, Inc.

     1,300        36,141  

Suntory Beverage & Food Ltd.

     1,900        67,339  

Taisei Corp.

     1,800        49,991  

Takeda Pharmaceutical Co. Ltd.(a)

     6,100        158,753  

TIS, Inc.

     5,800        153,670  

Tobu Railway Co. Ltd.(a)

     3,700        87,167  

Tokio Marine Holdings, Inc.(a)

     14,100        249,864  

Tokyo Gas Co. Ltd.

     5,200        88,053  

Tokyu Corp.(a)

     4,600        52,342  

Toshiba Corp.

     1,600        56,906  

Tosoh Corp.

     3,900        43,380  

Trend Micro, Inc.

     3,100        167,481  

USS Co. Ltd.

     12,200        188,548  

Yakult Honsha Co. Ltd.

     1,400        81,343  

Yamato Holdings Co. Ltd.(a)

     3,800        57,153  
     

 

 

 
Total Japan               7,335,406  
Luxembourg – 0.6%

 

ArcelorMittal SA

     8,864      179,447  
Netherlands – 2.8%

 

Koninklijke Ahold Delhaize NV(a)

     10,136        259,514  

Koninklijke KPN NV(a)

     81,431        221,133  

OCI NV

     3,135        115,354  

Wolters Kluwer NV

     1,982        194,011  
     

 

 

 
Total Netherlands               790,012  
New Zealand – 0.7%

 

Mercury NZ Ltd.

     28,269        91,145  

Spark New Zealand Ltd.

     33,308        94,203  
     

 

 

 
Total New Zealand               185,348  
Norway – 2.3%

 

Equinor ASA

     8,140        267,493  

Kongsberg Gruppen ASA

     2,600        79,213  

Norsk Hydro ASA

     7,170        38,714  

Orkla ASA

     18,619        135,321  

Telenor ASA(a)

     6,418        58,695  

Yara International ASA

     1,995        70,172  
     

 

 

 
Total Norway               649,608  
Portugal – 0.4%

 

Jeronimo Martins SGPS SA

     6,824        127,352  
Russia – 0.0%

 

Evraz PLC

     17,300        0  
Singapore – 4.4%

 

Capitaland Investment Ltd.

     12,300        29,745  

CapLand Ascendas REIT

     23,900        44,805  

City Developments Ltd.

     17,600        93,219  

DBS Group Holdings Ltd.

     4,200        97,734  

Genting Singapore Ltd.

     370,700        202,801  

Oversea-Chinese Banking Corp. Ltd.

     12,700        104,705  

Singapore Exchange Ltd.

     47,600        313,817  

Singapore Telecommunications Ltd.

     23,400        43,378  

United Overseas Bank Ltd.

     16,800        306,285  
     

 

 

 
Total Singapore               1,236,489  
Spain – 3.6%

 

Acciona SA

     442        78,201  

ACS Actividades de Construccion y Servicios SA

     6,233        141,235  

Enagas SA

     6,944        107,755  

Endesa SA

     6,943        104,882  

Iberdrola SA

     7,776        72,993  

Naturgy Energy Group SA(a)

     3,454        80,295  

Red Electrica Corp. SA

     7,141        109,902  

Repsol SA

     22,014        254,587  

Telefonica SA*

     16,455        54,422  
     

 

 

 
Total Spain               1,004,272  
Sweden – 1.7%

 

Essity AB, Class B

     2,942        58,535  

Swedish Match AB

     25,039        248,190  

Tele2 AB, Class B(a)

     5,247        45,390  

Telefonaktiebolaget LM Ericsson, Class B(a)

     13,916        82,123  

 

See Notes to Financial Statements.

 

WisdomTree Trust      51  


Schedule of Investments (unaudited) (continued)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2022

 

 

 

Investments    Shares      Value  

Telia Co. AB

     18,677      $ 53,906  
     

 

 

 
Total Sweden               488,144  
Switzerland – 7.2%

 

Baloise Holding AG, Registered Shares

     1,663        214,074  

Barry Callebaut AG, Registered Shares

     132        250,656  

Kuehne + Nagel International AG, Registered Shares

     913        187,377  

Nestle SA, Registered Shares

     2,365        257,297  

Novartis AG, Registered Shares

     4,214        323,376  

Roche Holding AG

     1,049        344,728  

Swisscom AG, Registered Shares

     450        211,913  

Zurich Insurance Group AG

     614        246,411  
     

 

 

 
Total Switzerland               2,035,832  
United Kingdom – 12.6%

 

BAE Systems PLC

     39,809        350,977  

British American Tobacco PLC

     7,539        271,535  

BT Group PLC

     110,880        150,201  

CK Hutchison Holdings Ltd.

     25,500        140,983  

Coca-Cola Europacific Partners PLC

     1,602        68,277  

Glencore PLC

     54,473        290,754  

Imperial Brands PLC

     14,812        306,717  

J. Sainsbury PLC

     125,557        244,298  

National Grid PLC

     27,382        284,574  

Pearson PLC

     16,101        155,795  

Reckitt Benckiser Group PLC

     4,106        273,912  

Shell PLC

     10,247        256,971  

Tesco PLC

     104,461        241,149  

Unilever PLC

     6,834        302,787  

Vodafone Group PLC

     192,783      217,614  
     

 

 

 
Total United Kingdom               3,556,544  
United States – 1.4%

 

GSK PLC

     26,891        391,981  
TOTAL COMMON STOCKS
(Cost: $31,145,743)

 

     27,624,331  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.2%

 

United States – 7.2%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

     
(Cost: $2,026,682)      2,026,682        2,026,682  
TOTAL INVESTMENTS IN SECURITIES – 104.9%
(Cost: $33,172,425)

 

     29,651,013  

Other Assets less Liabilities – (4.9)%

 

     (1,392,294
     

 

 

 
NET ASSETS – 100.0%

 

   $ 28,258,719  
*

Non-income producing security.

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $2,591,281 and the total market value of the collateral held by the Fund was $3,037,780. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,011,098.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    10/19/2022       2,956,869       USD       4,422,879       AUD     $ 112,767     $  

Bank of America NA

    10/19/2022       85,169       USD       634,125       DKK       1,533        

Bank of America NA

    10/19/2022       4,334,587       USD       4,339,341       EUR       79,196        

Bank of America NA

    10/19/2022       3,520,040       USD       502,617,077       JPY       42,809        

Bank of America NA

    10/19/2022       104,197       USD       174,956       NZD       5,228        

Citibank NA

    10/19/2022       32,338       AUD       21,000       USD             (205

Citibank NA

    10/19/2022       15,742       CHF       15,916       USD       99        

Citibank NA

    10/19/2022       4,656       DKK       605       USD       9        

Citibank NA

    10/19/2022       31,857       EUR       30,785       USD       456        

Citibank NA

    10/19/2022       17,385       GBP       18,764       USD       649        

Citibank NA

    10/19/2022       3,601,797       JPY       25,000       USD             (82

Citibank NA

    10/19/2022       47,333       NOK       4,415       USD             (71

Citibank NA

    10/19/2022       1,296       NZD       740       USD             (7

Citibank NA

    10/19/2022       21,276       SEK       1,888       USD       30        

Citibank NA

    10/19/2022       7,091       SGD       4,944       USD             (2

HSBC Holdings PLC

    10/19/2022       621,633       USD       6,369,395       NOK       37,116        

HSBC Holdings PLC

    10/19/2022       265,778       USD       2,866,883       SEK       7,273        

UBS AG

    10/19/2022       2,240,986       USD       2,151,701       CHF       51,962        

UBS AG

    10/19/2022       2,642,068       USD       2,318,067       GBP       53,579        

UBS AG

    10/19/2022       696,156       USD       980,768       SGD       12,551        
                                            $ 405,257     $ (367

 

See Notes to Financial Statements.

 

52   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

           

Russia

   $      $      $ 0    $ 0  

Other

     27,624,331                      27,624,331  

Investment of Cash Collateral for Securities Loaned

            2,026,682               2,026,682  

Total Investments in Securities

   $ 27,624,331      $ 2,026,682      $ 0      $ 29,651,013  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 405,257      $      $ 405,257  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (367    $      $ (367

Total – Net

   $ 27,624,331      $ 2,431,572      $ 0      $ 30,055,903  
*

Security is being fair valued using significant unobservable inputs by the Pricing Committee.

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      53  


Schedule of Investments (unaudited)

WisdomTree International Quality Dividend Growth Fund (IQDG)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%

 

Australia – 15.0%

 

ARB Corp. Ltd.(a)

     5,463      $ 97,540  

Aristocrat Leisure Ltd.

     21,044        445,415  

Beach Energy Ltd.

     186,778        178,332  

BHP Group Ltd.

     609,586        15,097,270  

Breville Group Ltd.(a)

     7,561        88,282  

carsales.com Ltd.

     39,832        481,724  

Cochlear Ltd.

     5,874        734,717  

Codan Ltd.

     27,296        99,508  

Coles Group Ltd.

     330,912        3,495,644  

CSL Ltd.

     33,747        6,184,259  

Domino’s Pizza Enterprises Ltd.(a)

     8,115        268,808  

Eagers Automotive Ltd.(a)

     47,720        337,191  

Evolution Mining Ltd.

     339,137        446,999  

Netwealth Group Ltd.

     27,040        210,885  

OZ Minerals Ltd.(a)

     29,411        487,495  

REA Group Ltd.(a)

     7,224        533,440  

Rio Tinto Ltd.

     255,789        13,979,897  

Technology One Ltd.

     28,983        197,527  

WiseTech Global Ltd.

     2,548        85,188  
     

 

 

 
Total Australia

 

     43,450,121  
Belgium – 0.2%

 

Melexis NV

     7,343        503,550  
China – 1.1%

 

Beijing Tong Ren Tang Chinese Medicine Co. Ltd.(a)

     198,000        222,469  

BYD Electronic International Co. Ltd.(a)

     191,000        461,326  

China Nonferrous Mining Corp. Ltd.(a)

     723,000        276,309  

Lenovo Group Ltd.

     3,288,000        2,286,969  
     

 

 

 
Total China

 

     3,247,073  
Denmark – 8.6%

 

AP Moller – Maersk A/S, Class B

     1,070        1,954,644  

Coloplast A/S, Class B

     25,724        2,629,373  

DSV A/S

     3,632        428,763  

GN Store Nord A/S

     5,084        89,825  

Netcompany Group A/S*(b)

     1,471        49,654  

Novo Nordisk A/S, Class B

     180,977        18,155,165  

Royal Unibrew A/S

     6,093        397,295  

SimCorp A/S

     4,574        259,076  

Vestas Wind Systems A/S

     44,310        826,781  
     

 

 

 
Total Denmark

 

     24,790,576  
Finland – 2.7%

 

Kesko Oyj, Class A

     20,815        375,610  

Kesko Oyj, Class B

     53,757        1,008,234  

Neste Oyj

     88,986        3,905,445  

Nokian Renkaat Oyj

     34,289        332,553  

Orion Oyj, Class B

     35,665        1,505,181  

Tokmanni Group Corp.

     18,772        205,600  

Uponor Oyj

     6,012        79,392  

Valmet Oyj

     21,795        444,751  
     

 

 

 
Total Finland

 

     7,856,766  
France – 10.9%

 

Alten SA

     2,428      $ 270,446  

Arkema SA

     12,424        913,811  

BioMerieux

     6,061        483,325  

Bureau Veritas SA

     42,230        950,697  

Cie Generale des Etablissements Michelin SCA

     85,984        1,950,443  

Hermes International

     2,637        3,143,920  

Kering SA

     9,952        4,470,621  

La Francaise des Jeux SAEM(b)

     26,353        786,635  

LVMH Moet Hennessy Louis Vuitton SE

     27,506        16,447,988  

Sartorius Stedim Biotech

     772        239,820  

SEB SA(a)

     7,926        502,376  

Teleperformance

     2,998        766,261  

Trigano SA

     2,855        253,399  

Verallia SA(b)

     24,732        560,168  
     

 

 

 
Total France

 

     31,739,910  
Germany – 5.1%

 

adidas AG

     14,538        1,693,106  

Covestro AG(b)

     35,664        1,032,075  

Dermapharm Holding SE

     6,215        226,980  

Deutsche Post AG, Registered Shares

     203,681        6,208,564  

Eckert & Ziegler Strahlen – und Medizintechnik AG

     1,565        52,710  

Fielmann AG

     14,111        455,634  

Hamburger Hafen und Logistik AG

     14,575        159,347  

Hapag-Lloyd AG(a)(b)

     21,947        3,756,115  

Instone Real Estate Group SE(b)

     9,069        75,607  

Knorr-Bremse AG

     15,879        690,369  

Nemetschek SE

     3,424        165,133  

Varta AG(a)

     5,073        145,863  

VERBIO Vereinigte BioEnergie AG

     2,668        158,129  
     

 

 

 
Total Germany

 

     14,819,632  
Hong Kong – 0.5%

 

Techtronic Industries Co. Ltd.

     144,500        1,396,237  
Ireland – 0.1%

 

Kingspan Group PLC

     5,352        242,965  
Israel – 0.8%

 

Altshuler Shaham Penn Ltd.

     46,529        100,892  

AudioCodes Ltd.

     4,134        89,652  

Delek Automotive Systems Ltd.

     70,597        957,819  

Hilan Ltd.

     3,218        172,794  

Matrix IT Ltd.

     14,602        332,102  

One Software Technologies Ltd.

     12,580        190,979  

Strauss Group Ltd.

     23,329        555,966  
     

 

 

 
Total Israel

 

     2,400,204  
Italy – 1.6%

 

Amplifon SpA

     8,090        213,192  

Carel Industries SpA(b)

     4,642        87,040  

De’ Longhi SpA(a)

     16,976        250,622  

DiaSorin SpA(a)

     1,848        207,833  

Ferrari NV

     6,461        1,213,368  

Gruppo MutuiOnline SpA

     4,480        88,128  

GVS SpA*(b)

     2,969        17,539  

 

See Notes to Financial Statements.

 

54   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Quality Dividend Growth Fund (IQDG)

September 30, 2022

 

 

 

Investments    Shares      Value  

Interpump Group SpA

     3,394      $ 111,119  

Moncler SpA

     12,480        518,261  

RAI Way SpA(b)

     129,251        591,825  

Recordati Industria Chimica e Farmaceutica SpA

     26,517        979,087  

Reply SpA

     823        86,753  

Technogym SpA(b)

     32,602        205,046  
     

 

 

 
Total Italy

 

     4,569,813  
Japan – 12.7%

 

Anritsu Corp.

     38,200        416,718  

Asahi Holdings, Inc.(a)

     19,800        277,688  

Astellas Pharma, Inc.

     340,100        4,504,278  

BayCurrent Consulting, Inc.

     300        78,034  

Benefit One, Inc.

     3,600        50,563  

BML, Inc.

     13,900        313,061  

Capcom Co. Ltd.(a)

     24,800        623,662  

Cosmos Pharmaceutical Corp.

     2,600        257,764  

Create SD Holdings Co. Ltd.

     700        15,161  

Cybozu, Inc.

     1,400        14,508  

Daiwabo Holdings Co. Ltd.

     29,300        377,118  

Digital Arts, Inc.

     1,200        52,147  

Disco Corp.

     5,700        1,260,147  

eGuarantee, Inc.

     8,100        139,621  

Elecom Co. Ltd.(a)

     38,300        382,087  

en Japan, Inc.

     3,000        46,240  

eRex Co. Ltd.

     1,700        32,744  

Fancl Corp.

     4,600        91,399  

Fast Retailing Co. Ltd.

     4,500        2,384,849  

Fujimi, Inc.

     3,100        129,573  

Funai Soken Holdings, Inc.(a)

     16,500        279,854  

Future Corp.

     16,900        184,826  

Goldwin, Inc.

     3,400        179,930  

Haseko Corp.

     113,700        1,234,051  

Hoya Corp.

     15,900        1,524,695  

IR Japan Holdings Ltd.(a)

     900        12,747  

Japan Elevator Service Holdings Co. Ltd.(a)

     3,000        39,276  

Japan Material Co. Ltd.(a)

     4,500        57,453  

JCR Pharmaceuticals Co. Ltd.

     8,000        119,659  

JCU Corp.

     2,100        42,379  

Justsystems Corp.

     3,500        80,884  

Kakaku.com, Inc.

     16,500        280,652  

Kaken Pharmaceutical Co. Ltd.

     5,500        144,962  

Keyence Corp.

     4,700        1,555,356  

KH Neochem Co. Ltd.

     13,700        249,495  

Kobe Bussan Co. Ltd.(a)

     6,200        149,705  

Koei Tecmo Holdings Co. Ltd.(a)

     43,400        712,114  

Lasertec Corp.

     2,100        213,199  

M3, Inc.

     7,600        212,702  

MCJ Co. Ltd.

     37,100        254,519  

Meitec Corp.

     24,200        383,535  

Milbon Co. Ltd.

     2,300        101,219  

MonotaRO Co. Ltd.

     19,400        297,812  

Nihon M&A Center Holdings, Inc.

     7,300        83,871  

Nippon Shinyaku Co. Ltd.

     6,100        311,859  

Nissan Chemical Corp.

     15,200      677,329  

Nojima Corp.(a)

     32,900        306,395  

Nomura Research Institute Ltd.

     36,900        905,005  

NSD Co. Ltd.(a)

     16,000        272,037  

Olympus Corp.

     46,400        890,686  

Otsuka Corp.

     36,300        1,134,806  

Outsourcing, Inc.

     3,873        29,353  

Pasona Group, Inc.

     2,200        30,398  

Pilot Corp.

     12,400        470,317  

Recruit Holdings Co. Ltd.

     38,700        1,112,513  

Shionogi & Co. Ltd.

     38,800        1,873,455  

Shoei Co. Ltd.

     1,500        54,199  

Solasto Corp.

     17,400        103,742  

Sysmex Corp.

     6,900        370,301  

Taiyo Yuden Co. Ltd.

     7,900        203,306  

TechnoPro Holdings, Inc.

     15,700        334,620  

Toei Animation Co. Ltd.(a)

     1,000        85,392  

Tokyo Electron Ltd.

     22,500        5,549,415  

Trend Micro, Inc.

     27,700        1,496,521  

UT Group Co. Ltd.

     2,700        44,433  

ValueCommerce Co. Ltd.

     1,600        24,473  

Wacom Co. Ltd.(a)

     43,600        214,167  

West Holdings Corp.

     2,000        57,550  

Workman Co. Ltd.(a)

     3,000        94,926  

ZOZO, Inc.

     21,400        427,867  
     

 

 

 
Total Japan

 

     36,917,322  
Netherlands – 3.7%

 

ASM International NV

     3,298        755,219  

ASML Holding NV

     12,900        5,479,612  

BE Semiconductor Industries NV

     15,344        670,266  

IMCD NV

     236        28,345  

Randstad NV(a)

     56,803        2,480,745  

Signify NV(b)

     22,450        585,677  

STMicroelectronics NV(a)

     25,948        819,794  
     

 

 

 
Total Netherlands

 

     10,819,658  
Norway – 1.0%

 

AF Gruppen ASA

     30,922        392,724  

Aker BP ASA

     80,685        2,314,541  

TOMRA Systems ASA

     8,678        153,201  
     

 

 

 
Total Norway

 

     2,860,466  
Portugal – 0.6%

 

Altri SGPS SA

     80,609        408,663  

Jeronimo Martins SGPS SA

     68,844        1,284,789  
     

 

 

 
Total Portugal

 

     1,693,452  
Singapore – 0.8%

 

iFAST Corp. Ltd.(a)

     14,700        40,466  

Japfa Ltd.

     504,500        195,134  

Sheng Siong Group Ltd.

     838,400        923,181  

Singapore Exchange Ltd.

     179,900        1,186,043  
     

 

 

 
Total Singapore

 

     2,344,824  
Spain – 3.6%

 

Cie Automotive SA

     22,850        476,353  

 

See Notes to Financial Statements.

 

WisdomTree Trust      55  


Schedule of Investments (unaudited) (continued)

WisdomTree International Quality Dividend Growth Fund (IQDG)

September 30, 2022

 

 

 

Investments    Shares      Value  

Faes Farma SA

     93,173      $ 338,637  

Industria de Diseno Textil SA(a)

     463,132        9,654,888  

Laboratorios Farmaceuticos Rovi SA

     2,297        99,461  
     

 

 

 
Total Spain

 

     10,569,339  
Sweden – 5.5%

 

AddLife AB, Class B

     4,692        49,171  

AddTech AB, Class B

     4,063        53,966  

Assa Abloy AB, Class B

     110,457        2,087,212  

Atlas Copco AB, Class A

     247,371        2,336,065  

Atlas Copco AB, Class B

     194,323        1,633,031  

Beijer Alma AB

     5,959        78,290  

Beijer Ref AB

     21,601        267,640  

Bilia AB, Class A

     27,642        318,079  

Epiroc AB, Class A

     62,074        895,801  

Epiroc AB, Class B

     29,060        369,224  

EQT AB(a)

     39,847        786,707  

Evolution AB(b)

     6,708        536,036  

Hexpol AB

     57,988        480,207  

Husqvarna AB, Class B(a)

     70,146        392,527  

Indutrade AB

     17,367        285,446  

Instalco AB

     8,736        35,302  

JM AB

     18,239        254,253  

Lifco AB, Class B

     14,862        209,186  

Mycronic AB

     20,989        255,329  

Nibe Industrier AB, Class B

     27,890        251,569  

Nolato AB, Class B

     15,684        71,866  

Nordnet AB publ

     22,076        251,842  

Paradox Interactive AB

     11,259        180,235  

Samhallsbyggnadsbolaget i Norden AB(a)

     159,259        174,579  

Sandvik AB

     164,619        2,262,909  

SKF AB, Class B(a)

     89,293        1,208,946  

Thule Group AB(a)(b)

     10,893        219,381  
     

 

 

 
Total Sweden

 

     15,944,799  
Switzerland – 11.8%

 

Coca-Cola HBC AG

     57,795        1,221,943  

EMS-Chemie Holding AG, Registered Shares

     3,210        2,049,769  

Kuehne + Nagel International AG, Registered Shares(a)

     11,612        2,383,159  

Logitech International SA, Registered Shares(a)

     12,696        592,717  

Partners Group Holding AG

     3,499        2,860,346  

Roche Holding AG

     50,339        16,542,697  

Roche Holding AG, Bearer Shares

     11,817        4,655,964  

Schindler Holding AG, Participation Certificate

     2,042        320,849  

Schindler Holding AG, Registered Shares

     9,561        1,457,099  

SFS Group AG

     3,637        314,831  

Sonova Holding AG, Registered Shares

     3,877        866,589  

Straumann Holding AG, Registered Shares

     3,560        332,182  

Temenos AG, Registered Shares

     4,176        286,136  

VAT Group AG(b)

     1,968        407,496  
     

 

 

 
Total Switzerland

 

     34,291,777  
United Kingdom – 13.3%

 

AJ Bell PLC

     81,446        244,752  

Anglo American PLC

     426,813        13,033,320  

Antofagasta PLC

     184,294      2,294,888  

Ashtead Group PLC

     19,376        883,778  

Auto Trader Group PLC(b)

     37,796        217,287  

Bellway PLC

     14,603        277,611  

Burberry Group PLC

     39,337        793,927  

Computacenter PLC

     14,107        304,402  

Cranswick PLC

     3,657        109,406  

Croda International PLC

     7,575        545,072  

Diageo PLC

     228,414        9,682,805  

Dunelm Group PLC(a)

     26,476        215,752  

EMIS Group PLC

     2,981        62,893  

Ferrexpo PLC

     368,409        500,086  

Fevertree Drinks PLC(a)

     4,374        40,893  

Fresnillo PLC(a)

     103,075        885,061  

Games Workshop Group PLC

     1,630        105,444  

Hikma Pharmaceuticals PLC

     23,130        352,056  

Howden Joinery Group PLC

     33,375        188,220  

IMI PLC

     32,184        402,023  

Intertek Group PLC

     9,858        407,936  

James Halstead PLC(a)

     39,535        91,134  

Kainos Group PLC

     4,143        59,521  

Polar Capital Holdings PLC

     46,325        214,607  

RELX PLC

     180,836        4,445,114  

Rightmove PLC

     33,915        182,557  

RS Group PLC

     23,409        253,214  

Softcat PLC

     15,284        203,032  

Spirax-Sarco Engineering PLC

     2,792        324,138  

Synthomer PLC

     68,965        81,990  

Taylor Wimpey PLC

     846,324        834,215  

Victrex PLC

     10,184        189,852  
     

 

 

 
Total United Kingdom

 

     38,426,986  

TOTAL COMMON STOCKS

(Cost: $390,263,472)

 

 

     288,885,470  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.8%

 

United States – 4.8%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

 

  
(Cost: $14,043,325)      14,043,325        14,043,325  

TOTAL INVESTMENTS IN SECURITIES – 104.4%

(Cost: $404,306,797)

 

 

     302,928,795  

Other Assets less Liabilities – (4.4)%

 

     (12,828,029
     

 

 

 
NET ASSETS – 100.0%

 

   $ 290,100,766  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $15,795,748 and the total market value of the collateral held by the Fund was $16,769,107. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $2,725,782.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

See Notes to Financial Statements.

 

56   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International Quality Dividend Growth Fund (IQDG)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

   $ 288,885,470      $      $      $ 288,885,470  

Investment of Cash Collateral for Securities Loaned

            14,043,325               14,043,325  

Total Investments in Securities

   $ 288,885,470      $ 14,043,325      $      $ 302,928,795  

 

See Notes to Financial Statements.

 

WisdomTree Trust      57  


Schedule of Investments (unaudited)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.7%

 

Australia – 12.7%

 

Accent Group Ltd.

     1,258,423      $ 1,035,652  

Adairs Ltd.(a)

     678,088        789,118  

Adbri Ltd.

     1,269,680        1,502,067  

ARB Corp. Ltd.(a)

     85,667        1,529,560  

AUB Group Ltd.

     133,178        1,624,340  

Austal Ltd.

     696,762        1,021,401  

Australian Finance Group Ltd.(a)

     1,030,883        1,063,804  

Autosports Group Ltd.(a)

     199,258        272,881  

Bapcor Ltd.

     420,060        1,652,875  

Beach Energy Ltd.

     1,322,360        1,262,564  

Beacon Lighting Group Ltd.(a)

     686,099        851,376  

Bega Cheese Ltd.

     351,501        781,952  

Bell Financial Group Ltd.(a)

     1,152,525        748,426  

Breville Group Ltd.(a)

     92,286        1,077,529  

Brickworks Ltd.

     161,879        2,241,885  

Centuria Capital Group

     1,697,285        1,675,098  

Codan Ltd.

     208,964        761,784  

Collins Foods Ltd.

     153,970        864,226  

Costa Group Holdings Ltd.

     655,295        943,761  

Credit Corp. Group Ltd.

     78,242        866,767  

Cromwell Property Group

     8,884,554        3,827,257  

CSR Ltd.

     1,190,164        3,405,211  

Dicker Data Ltd.(a)

     195,102        1,283,260  

Eagers Automotive Ltd.(a)

     337,951        2,387,969  

Elders Ltd.

     305,169        2,325,069  

First Resources Ltd.

     1,200,700        1,171,496  

Fleetwood Ltd.(a)

     188,606        175,833  

Genworth Mortgage Insurance Australia Ltd.

     372,385        651,236  

GrainCorp Ltd., Class A

     268,610        1,347,082  

Growthpoint Properties Australia Ltd.

     2,231,836        4,405,324  

GUD Holdings Ltd.

     240,172        1,144,242  

GWA Group Ltd.

     661,365        812,179  

Healius Ltd.

     780,595        1,691,347  

Home Consortium Ltd.

     270,815        783,542  

HT&E Ltd.

     469,732        362,417  

Iluka Resources Ltd.

     347,321        2,023,189  

Ingenia Communities Group

     463,774        1,109,243  

Inghams Group Ltd.(a)

     1,092,058        1,671,090  

Insignia Financial Ltd.

     1,094,568        2,076,070  

Integral Diagnostics Ltd.

     339,119        603,961  

InvoCare Ltd.(a)

     155,302        1,007,501  

IPH Ltd.

     354,256        2,161,527  

IRESS Ltd.

     329,710        1,890,924  

Kelsian Group Ltd.(a)

     261,885        813,270  

Lovisa Holdings Ltd.(a)

     91,972        1,257,767  

MA Financial Group Ltd.

     235,588        584,679  

Macmahon Holdings Ltd.

     2,644,224        255,016  

McMillan Shakespeare Ltd.

     237,861        1,969,773  

Metcash Ltd.

     2,474,019        6,155,894  

Monadelphous Group Ltd.

     191,221        1,605,669  

Monash IVF Group Ltd.

     1,171,575        681,704  

MyState Ltd.

     358,724        878,744  

Navigator Global Investments Ltd.

     534,554      388,371  

Netwealth Group Ltd.

     122,867        958,238  

New Hope Corp. Ltd.(a)

     1,924,898        7,784,586  

NIB Holdings Ltd.

     1,060,817        5,067,648  

Nick Scali Ltd.(a)

     184,242        1,099,294  

NRW Holdings Ltd.

     1,049,840        1,606,487  

Omni Bridgeway Ltd.*

     199,029        483,710  

Orora Ltd.

     2,353,357        4,539,272  

Pact Group Holdings Ltd.

     615,383        534,142  

Pendal Group Ltd.

     1,410,451        4,080,822  

Perpetual Ltd.(a)

     117,066        1,775,562  

Pinnacle Investment Management Group Ltd.(a)

     249,309        1,332,037  

Platinum Asset Management Ltd.(a)

     2,015,069        2,202,500  

PSC Insurance Group Ltd.

     393,999        1,215,944  

Reliance Worldwide Corp. Ltd.

     1,271,950        2,772,343  

Resimac Group Ltd.(a)

     1,238,414        780,313  

Sims Ltd.

     382,039        3,286,556  

SmartGroup Corp. Ltd.

     387,071        1,241,848  

SRG Global Ltd.

     1,320,107        568,671  

Super Retail Group Ltd.(a)

     624,260        3,564,147  

Tassal Group Ltd.

     449,521        1,494,231  

Technology One Ltd.

     275,503        1,877,627  

United Malt Group Ltd.(a)

     283,346        570,215  

Viva Energy Group Ltd.(b)

     1,289,089        2,163,219  
     

 

 

 
Total Australia

 

     126,474,334  
Austria – 1.2%

 

AT&S Austria Technologie & Systemtechnik AG

     29,925        986,484  

Kontron AG(a)

     54,679        780,460  

Oesterreichische Post AG(a)

     192,467        5,147,422  

POLYTEC Holding AG(a)

     63,436        281,828  

S IMMO AG(a)

     78,735        1,750,913  

Semperit AG Holding(a)

     72,295        1,218,169  

UNIQA Insurance Group AG

     227,970        1,353,384  
     

 

 

 
Total Austria

 

     11,518,660  
Belgium – 1.3%

 

Befimmo SA(a)

     77,910        3,564,355  

Bekaert SA

     109,987        2,788,537  

Deceuninck NV(a)

     237,500        442,997  

Econocom Group SA/NV

     513,374        1,282,463  

Intervest Offices & Warehouses NV

     87,712        2,002,100  

Ion Beam Applications

     35,004        411,500  

TINC Comm VA(a)

     72,444        882,864  

Xior Student Housing NV

     43,509        1,359,692  
     

 

 

 
Total Belgium

 

     12,734,508  
China – 3.4%

 

Beijing Tong Ren Tang Chinese Medicine Co. Ltd.(a)

     1,052,000        1,182,007  

China Nonferrous Mining Corp. Ltd.(a)

     8,582,000        3,279,787  

CITIC Telecom International Holdings Ltd.

     14,003,822        4,531,231  

CPMC Holdings Ltd.(a)

     3,103,009        1,292,607  

Genertec Universal Medical Group Co. Ltd.(a)(b)

     4,517,700        2,313,552  

Poly Property Group Co. Ltd.

     9,407,600        1,677,810  

Shanghai Industrial Holdings Ltd.

     3,340,000        3,616,607  

 

See Notes to Financial Statements.

 

58   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Shoucheng Holdings Ltd.(a)

     15,268,000      $ 2,314,542  

Shougang Fushan Resources Group Ltd.

     17,263,612        5,036,201  

Simcere Pharmaceutical Group Ltd.(a)(b)

     2,739,000        2,376,156  

Sino-Ocean Group Holding Ltd.

     28,763,500        3,004,633  

Yanlord Land Group Ltd.

     4,545,600        3,025,331  

Zensun Enterprises Ltd.*(a)

     3,056,000        630,673  
     

 

 

 
Total China

 

     34,281,137  
Denmark – 1.9%

 

Alm Brand A/S

     2,987,348        3,660,435  

Cementir Holding NV

     172,530        944,816  

Chemometec A/S

     9,106        694,657  

D/S Norden A/S

     103,197        4,369,954  

FLSmidth & Co. A/S

     27,600        603,281  

Per Aarsleff Holding A/S

     17,333        426,137  

Scandinavian Tobacco Group A/S, Class A(b)

     295,366        4,300,181  

Spar Nord Bank A/S

     172,022        1,921,957  

Sydbank A/S

     79,837        2,194,232  
     

 

 

 
Total Denmark

 

     19,115,650  
Finland – 2.0%

 

Aktia Bank Oyj

     213,776        2,025,145  

Anora Group Oyj

     240,561        1,602,525  

Cargotec Oyj, Class B

     77,834        2,371,377  

Fiskars Oyj Abp

     96,260        1,401,314  

Kemira Oyj

     271,000        3,013,256  

Lassila & Tikanoja Oyj(a)

     76,519        747,369  

Oma Saastopankki Oyj

     47,708        816,030  

Raisio Oyj, Class V

     442,808        818,141  

Sanoma Oyj

     153,713        1,846,171  

Terveystalo Oyj(a)(b)

     104,350        845,413  

Tokmanni Group Corp.

     164,730        1,804,203  

Uponor Oyj

     133,736        1,766,075  

Verkkokauppa.com Oyj(a)

     115,310        344,538  

YIT Oyj(a)

     322,273        907,364  
     

 

 

 
Total Finland

 

     20,308,921  
France – 3.2%

 

ABC Arbitrage

     113,522        711,755  

Chargeurs SA(a)

     96,139        1,117,005  

Coface SA

     293,241        2,825,335  

Fnac Darty SA

     23,777        661,525  

Groupe SFPI

     152,713        314,171  

IPSOS

     77,110        3,467,322  

Kaufman & Broad SA(a)

     67,525        1,332,940  

Lectra

     7,257        201,905  

Metropole Television SA(a)

     417,459        5,067,059  

Nexity SA

     195,182        3,992,465  

Quadient SA

     51,969        724,469  

Societe BIC SA

     114,729        7,294,386  

Television Francaise 1

     499,268        2,883,290  

Vicat SA

     75,418        1,703,008  
     

 

 

 
Total France

 

     32,296,635  
Germany – 2.3%

 

7C Solarparken AG

     182,137        828,810  

Aareal Bank AG

     44,717      1,446,507  

AURELIUS Equity Opportunities SE & Co. KGaA

     59,305        1,107,931  

Bilfinger SE

     120,730        3,051,446  

CANCOM SE

     28,905        689,797  

CropEnergies AG

     124,187        1,498,848  

Deutsche Pfandbriefbank AG(b)

     164,113        1,139,882  

DIC Asset AG

     175,937        1,339,211  

Encavis AG

     111,669        2,021,648  

Hamborner REIT AG

     234,705        1,623,297  

Hamburger Hafen und Logistik AG

     85,392        933,581  

Hensoldt AG

     48,823        982,895  

Hornbach Holding AG & Co. KGaA

     14,333        904,261  

Instone Real Estate Group SE(b)

     67,226        560,451  

MLP SE

     179,711        915,480  

Mutares SE & Co. KGaA

     74,561        1,086,890  

NORMA Group SE

     38,128        516,579  

PATRIZIA SE

     92,131        951,299  

Wacker Neuson SE

     104,252        1,375,697  

Wuestenrot & Wuerttembergische AG

     31,038        414,135  
     

 

 

 
Total Germany

 

     23,388,645  
Hong Kong – 1.9%

 

Dah Sing Banking Group Ltd.

     2,995,600        1,984,372  

Dah Sing Financial Holdings Ltd.

     646,229        1,471,939  

Fortune Real Estate Investment Trust

     5,678,000        4,137,398  

Hutchison Port Holdings Trust

     31,115,900        5,725,326  

Kowloon Development Co. Ltd.

     2,119,000        2,448,353  

Nissin Foods Co. Ltd.(a)

     2,064,000        1,611,781  

Singamas Container Holdings Ltd.

     13,000,000        993,643  

Sun Hung Kai & Co. Ltd.

     2,118,000        763,569  
     

 

 

 
Total Hong Kong

 

     19,136,381  
Indonesia – 0.3%

 

Bumitama Agri Ltd.(a)

     1,769,600        709,123  

Nickel Industries Ltd.

     4,482,084        2,276,587  
     

 

 

 
Total Indonesia

 

     2,985,710  
Ireland – 0.1%

 

Kenmare Resources PLC

     187,010        816,249  

Origin Enterprises PLC

     167,542        594,980  
     

 

 

 
Total Ireland

 

     1,411,229  
Israel – 4.8%

 

Altshuler Shaham Penn Ltd.

     220,241        477,564  

Ashtrom Group Ltd.

     190,884        4,024,758  

Carasso Motors Ltd.

     223,164        1,227,793  

Delek Automotive Systems Ltd.

     283,887        3,851,615  

Elco Ltd.

     20,811        1,246,185  

Electra Real Estate Ltd.

     51,981        697,357  

Energix-Renewable Energies Ltd.

     538,638        2,116,967  

FIBI Holdings Ltd.

     42,405        1,919,345  

G City Ltd.

     330,923        1,544,348  

Gav-Yam Lands Corp. Ltd.

     317,684        2,627,532  

Harel Insurance Investments & Financial Services Ltd.

     314,015        2,780,808  

IDI Insurance Co. Ltd.

     58,915        1,601,465  

 

See Notes to Financial Statements.

 

WisdomTree Trust      59  


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Magic Software Enterprises Ltd.

     65,699      $ 1,021,395  

Matrix IT Ltd.

     88,434        2,011,304  

Max Stock Ltd.

     308,733        450,464  

Maytronics Ltd.

     91,073        1,132,450  

Mega Or Holdings Ltd.

     44,658        1,310,720  

Mehadrin Ltd.*

     1        37  

Meitav Investment House Ltd.*

     208,516        783,170  

Menora Mivtachim Holdings Ltd.*

     71,276        1,376,407  

Mivne Real Estate KD Ltd.

     914,327        2,701,558  

Nawi Brothers Ltd.

     115,182        852,924  

One Software Technologies Ltd.

     88,519        1,343,817  

Palram Industries 1990 Ltd.

     78,217        853,184  

Paz Oil Co. Ltd.*

     1        63  

Phoenix Holdings Ltd.

     432,781        4,133,080  

Rami Levy Chain Stores Hashikma Marketing 2006 Ltd.

     35,070        2,524,965  

Shapir Engineering and Industry Ltd.

     275,810        2,240,876  

Shufersal Ltd.

     215,914        1,356,652  
     

 

 

 
Total Israel

 

     48,208,803  
Italy – 3.5%

 

Alerion Cleanpower SpA(a)

     38,956        1,261,295  

Anima Holding SpA(b)

     1,099,808        3,156,860  

Ascopiave SpA

     200,759        414,981  

Banca IFIS SpA

     88,338        984,829  

Banca Popolare di Sondrio SpA(a)

     518,469        1,722,858  

BFF Bank SpA(b)

     946,354        6,322,791  

Cairo Communication SpA

     209,095        289,234  

Credito Emiliano SpA

     487,445        2,764,872  

doValue SpA(b)

     122,621        651,081  

Esprinet SpA(a)

     111,247        683,324  

Gruppo MutuiOnline SpA

     31,521        620,061  

GVS SpA*(a)(b)

     108,035        638,194  

Maire Tecnimont SpA(a)

     554,361        1,313,166  

MARR SpA

     71,782        680,006  

Piaggio & C. SpA(a)

     803,673        1,634,472  

RAI Way SpA(b)

     513,367        2,350,647  

Salcef Group SpA(a)

     93,069        1,280,097  

Sanlorenzo SpA

     31,196        1,006,990  

Sesa SpA

     8,453        926,642  

SOL SpA(a)

     75,999        1,168,903  

Technogym SpA(a)(b)

     226,461        1,424,293  

Unieuro SpA(a)(b)

     108,295        1,088,495  

Webuild SpA(a)

     1,185,835        1,457,937  

Zignago Vetro SpA

     92,438        1,001,559  
     

 

 

 
Total Italy

 

     34,843,587  
Japan – 29.7%

 

&Do Holdings Co. Ltd.

     50,600        300,639  

A&D HOLON Holdings Co. Ltd.

     59,000        332,613  

Achilles Corp.(a)

     19,500        175,270  

ADEKA Corp.

     97,501        1,455,661  

Advance Create Co. Ltd.(a)

     24,800        164,996  

Aeon Delight Co. Ltd.

     62,900        1,232,405  

Aeon Fantasy Co. Ltd.(a)

     48,000        1,149,055  

AEON Financial Service Co. Ltd.

     140,100      1,386,046  

Aica Kogyo Co. Ltd.

     64,500        1,394,763  

Airport Facilities Co. Ltd.(a)

     178,000        639,469  

Aisan Industry Co. Ltd.

     98,000        462,427  

AIT Corp.(a)

     84,700        848,492  

Akatsuki, Inc.

     30,700        441,586  

Alinco, Inc.(a)

     9,500        59,069  

Alleanza Holdings Co. Ltd.(a)

     56,000        379,923  

Alps Logistics Co. Ltd.

     58,100        415,444  

Amano Corp.

     70,400        1,181,885  

Amuse, Inc.(a)

     42,900        502,370  

Anest Iwata Corp.

     108,000        637,950  

Anritsu Corp.(a)

     94,600        1,031,976  

Aozora Bank Ltd.(a)

     141,100        2,516,980  

Arakawa Chemical Industries Ltd.(a)

     24,100        163,336  

ARTERIA Networks Corp.

     113,600        934,731  

Asahi Co. Ltd.

     61,900        558,509  

Asahi Holdings, Inc.(a)

     96,500        1,353,380  

Asahi Net, Inc.

     135,100        546,952  

Asahi Yukizai Corp.

     39,300        596,512  

Asante, Inc.(a)

     37,800        395,118  

Autobacs Seven Co. Ltd.(a)

     127,403        1,234,025  

Avantia Co. Ltd.(a)

     19,800        108,476  

Avex, Inc.(a)

     136,700        1,455,350  

Bando Chemical Industries Ltd.(a)

     96,400        683,315  

Bank of Iwate Ltd.

     31,900        394,935  

Bank of the Ryukyus Ltd.(a)

     54,000        285,398  

Baroque Japan Ltd.(a)

     113,500        616,332  

Benesse Holdings, Inc.(a)

     70,700        1,052,599  

BIPROGY, Inc.

     68,500        1,485,993  

BML, Inc.

     45,500        1,024,768  

Broadleaf Co. Ltd.(a)

     216,800        754,894  

Bunka Shutter Co. Ltd.

     131,000        926,761  

Cawachi Ltd.

     36,700        540,314  

Central Glass Co. Ltd.(a)

     35,000        804,000  

Central Security Patrols Co. Ltd.

     34,100        560,932  

Chilled & Frozen Logistics Holdings Co. Ltd.(a)

     39,900        304,601  

Chiyoda Co. Ltd.

     91,200        494,608  

Chori Co. Ltd.

     31,000        410,992  

Chugoku Bank Ltd.*(a)

     153,900        955,861  

Chukyo Bank Ltd.*(a)

     72,600        857,688  

Cleanup Corp.

     87,700        341,118  

CONEXIO Corp.(a)

     83,700        686,971  

Cosel Co. Ltd.

     69,000        390,894  

Cosmo Energy Holdings Co. Ltd.

     99,600        2,552,876  

Credit Saison Co. Ltd.

     147,700        1,726,543  

Cresco Ltd.(a)

     53,700        608,436  

CTI Engineering Co. Ltd.

     30,400        595,630  

CTS Co. Ltd.(a)

     127,800        643,657  

Cybernet Systems Co. Ltd.

     113,600        709,485  

Dai Nippon Toryo Co. Ltd.

     13,400        66,192  

Daicel Corp.(a)

     280,400        1,648,557  

Daido Metal Co. Ltd.(a)

     84,100        279,471  

Daido Steel Co. Ltd.(a)

     27,691        673,407  

 

See Notes to Financial Statements.

 

60   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Daiichikosho Co. Ltd.(a)

     49,700      $ 1,397,485  

Daiken Medical Co. Ltd.(a)

     139,400        448,792  

Daikoku Denki Co. Ltd.(a)

     29,300        263,355  

Dainichiseika Color & Chemicals Manufacturing Co. Ltd.

     24,400        285,730  

Daishi Hokuetsu Financial Group, Inc.

     81,540        1,510,866  

Daiwabo Holdings Co. Ltd.

     108,700        1,399,068  

DCM Holdings Co. Ltd.(a)

     114,900        934,314  

Denyo Co. Ltd.(a)

     33,500        318,695  

Dexerials Corp.(a)

     65,500        1,470,690  

DIC Corp.

     77,000        1,280,452  

DKS Co. Ltd.(a)

     15,300        201,999  

Dowa Holdings Co. Ltd.

     37,800        1,355,363  

Ebara Jitsugyo Co. Ltd.

     23,900        357,811  

EDION Corp.(a)

     111,700        909,065  

Ehime Bank Ltd.(a)

     52,600        312,885  

Electric Power Development Co. Ltd.

     180,000        2,546,824  

Elematec Corp.

     59,600        515,934  

Eslead Corp.(a)

     19,800        230,632  

ESPEC Corp.(a)

     48,200        569,762  

EXEO Group, Inc.

     102,200        1,476,391  

Ezaki Glico Co. Ltd.

     43,400        1,068,921  

Falco Holdings Co. Ltd.(a)

     34,100        411,334  

Feed One Co. Ltd.(a)

     42,100        193,710  

First Bank of Toyama Ltd.

     114,400        320,094  

First Juken Co. Ltd.(a)

     42,500        322,688  

FJ Next Holdings Co. Ltd.

     40,700        283,434  

France Bed Holdings Co. Ltd.(a)

     133,800        834,719  

Fudo Tetra Corp.

     46,600        474,226  

Fuji Co. Ltd.

     27,400        356,638  

Fuji Corp. Ltd.(a)

     7,600        32,606  

Fuji Oil Holdings, Inc.(a)

     64,500        1,072,141  

Fuji Pharma Co. Ltd.

     800        5,715  

Fujibo Holdings, Inc.

     21,400        485,675  

Fujimi, Inc.

     28,741        1,201,306  

Fujitec Co. Ltd.(a)

     76,000        1,532,654  

FuKoKu Co. Ltd.

     54,500        364,852  

Fukui Bank Ltd.

     46,700        441,044  

Furukawa Battery Co. Ltd.(a)

     51,300        398,010  

Furuno Electric Co. Ltd.

     76,500        580,310  

Furyu Corp.

     44,100        307,416  

Futaba Industrial Co. Ltd.

     94,400        211,307  

Fuyo General Lease Co. Ltd.(a)

     28,200        1,537,172  

G-Tekt Corp.(a)

     55,700        486,791  

Gecoss Corp.(a)

     13,200        71,679  

Glory Ltd.

     60,277        884,093  

GMO Financial Holdings, Inc.(a)

     177,800        879,511  

GMO Internet Group, Inc.

     70,200        1,235,757  

GS Yuasa Corp.

     75,700        1,180,909  

Gunma Bank Ltd.(a)

     555,500        1,504,411  

H-One Co. Ltd.(a)

     41,200        161,959  

H.U. Group Holdings, Inc.

     98,100        1,789,243  

Hachijuni Bank Ltd.(a)

     512,200        1,695,007  

Hagiwara Electric Holdings Co. Ltd.(a)

     21,500        312,225  

Hakudo Co. Ltd.

     27,600      439,708  

Hakuto Co. Ltd.

     53,000        1,168,054  

Halows Co. Ltd.

     28,800        576,617  

Happinet Corp.

     54,700        698,370  

Hazama Ando Corp.

     198,900        1,150,156  

Heiwa Corp.(a)

     105,119        1,625,316  

Hochiki Corp.

     72,900        648,190  

Hogy Medical Co. Ltd.(a)

     16,200        397,319  

Hokkaido Electric Power Co., Inc.

     246,000        769,892  

Hokkaido Gas Co. Ltd.

     7,500        82,231  

Hokuetsu Industries Co. Ltd.

     66,500        441,970  

Hokuhoku Financial Group, Inc.

     152,000        896,805  

Honeys Holdings Co. Ltd.

     54,300        456,173  

I-PEX, Inc.

     23,600        202,013  

Ichikoh Industries Ltd.

     115,700        305,347  

ID Holdings Corp.(a)

     75,900        453,580  

IJTT Co. Ltd.

     51,700        180,019  

Inaba Denki Sangyo Co. Ltd.

     69,700        1,313,150  

Inabata & Co. Ltd.(a)

     107,200        1,728,590  

Inageya Co. Ltd.(a)

     72,300        572,426  

Ines Corp.(a)

     63,000        635,462  

INFRONEER Holdings, Inc.

     220,088        1,496,194  

Innotech Corp.

     55,200        479,751  

Ishihara Sangyo Kaisha Ltd.

     53,200        374,526  

Itfor, Inc.

     114,300        601,724  

Itochu Enex Co. Ltd.

     166,901        1,178,437  

Itoham Yonekyu Holdings, Inc.

     384,100        1,767,319  

Itoki Corp.(a)

     52,000        144,060  

IwaiCosmo Holdings, Inc.(a)

     74,900        626,129  

Iwaki Co. Ltd.(a)

     54,200        473,681  

Iyo Bank Ltd.*(a)

     301,500        1,455,998  

Izumi Co. Ltd.(a)

     50,700        1,087,592  

J. Front Retailing Co. Ltd.

     214,000        1,738,671  

JAC Recruitment Co. Ltd.

     84,200        1,289,075  

Jaccs Co. Ltd.

     44,800        1,111,140  

Japan Transcity Corp.(a)

     133,300        440,205  

JBCC Holdings, Inc.

     64,200        783,733  

JK Holdings Co. Ltd.

     54,200        369,958  

JM Holdings Co. Ltd.(a)

     49,700        577,879  

Juki Corp.

     34,200        163,032  

JVCKenwood Corp.

     236,500        321,880  

K’s Holdings Corp.

     179,200        1,479,457  

Kagome Co. Ltd.

     39,500        822,775  

Kaken Pharmaceutical Co. Ltd.

     48,100        1,267,757  

Kamei Corp.

     27,400        201,981  

Kamigumi Co. Ltd.

     90,800        1,677,427  

Kanaden Corp.(a)

     44,500        314,201  

Kandenko Co. Ltd.

     173,200        995,560  

Kaneka Corp.

     65,200        1,626,115  

Kanematsu Corp.

     117,000        1,153,470  

Ki-Star Real Estate Co. Ltd.(a)

     19,600        591,744  

King Jim Co. Ltd.(a)

     74,700        470,665  

Kito Corp.

     32,600        612,158  

Koatsu Gas Kogyo Co. Ltd.(a)

     76,600        329,696  

 

See Notes to Financial Statements.

 

WisdomTree Trust      61  


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Kobe Steel Ltd.(a)

     257,700      $ 1,032,616  

Kojima Co. Ltd.(a)

     96,300        419,144  

Kokusai Pulp & Paper Co. Ltd.(a)

     152,400        755,972  

Komatsu Matere Co. Ltd.(a)

     105,000        562,921  

Konaka Co. Ltd.(a)

     28,400        64,945  

Konica Minolta, Inc.(a)

     592,000        1,824,118  

Kumagai Gumi Co. Ltd.

     51,500        897,323  

Kurabo Industries Ltd.

     20,795        283,454  

Kyokuyo Co. Ltd.

     24,400        610,232  

KYORIN Holdings, Inc.(a)

     89,290        1,091,874  

Kyosan Electric Manufacturing Co. Ltd.(a)

     144,900        415,444  

Kyowa Leather Cloth Co. Ltd.(a)

     42,500        149,452  

Kyudenko Corp.

     60,500        1,149,435  

Kyushu Financial Group, Inc.

     397,600        1,049,316  

LAC Co. Ltd.

     105,500        569,975  

LEC, Inc.(a)

     61,200        348,398  

Lintec Corp.

     104,430        1,602,398  

Macnica Holdings, Inc.

     71,200        1,335,015  

Makino Milling Machine Co. Ltd.

     9,200        281,889  

Marudai Food Co. Ltd.(a)

     54,600        538,286  

Maruichi Steel Tube Ltd.

     75,700        1,547,524  

Matsui Securities Co. Ltd.(a)

     199,940        1,077,434  

Maxell Ltd.

     62,700        593,884  

Mebuki Financial Group, Inc.

     1,345,500        2,621,376  

Meisei Industrial Co. Ltd.

     69,900        339,009  

Meitec Corp.

     86,000        1,362,976  

Ministop Co. Ltd.(a)

     68,300        670,047  

MIRAIT ONE Corp.

     106,300        1,077,357  

Mitsubishi Logistics Corp.

     62,400        1,470,061  

Mitsubishi Materials Corp.

     98,400        1,352,154  

Mitsui Matsushima Holdings Co. Ltd.(a)

     18,300        383,713  

Mitsui Mining & Smelting Co. Ltd.

     37,064        778,435  

Mizuho Leasing Co. Ltd.(a)

     47,000        1,011,468  

Morinaga & Co. Ltd.

     42,500        1,167,139  

Nafco Co. Ltd.(a)

     20,000        218,315  

Nagase & Co. Ltd.

     104,800        1,427,067  

Nakanishi, Inc.

     64,500        1,176,859  

NEC Networks & System Integration Corp.

     97,500        1,059,570  

NET One Systems Co. Ltd.

     57,900        1,127,239  

Neturen Co. Ltd.

     52,900        234,632  

NHK Spring Co. Ltd.(a)

     177,300        1,042,401  

Nichias Corp.

     68,600        1,063,988  

Nichiban Co. Ltd.

     51,700        576,488  

Nihon Chouzai Co. Ltd.(a)

     42,900        374,925  

Nihon Flush Co. Ltd.(a)

     69,400        447,340  

Nihon Nohyaku Co. Ltd.

     101,900        595,581  

Nihon Tokushu Toryo Co. Ltd.

     31,000        194,466  

Nikko Co. Ltd.

     160,900        672,524  

Nikkon Holdings Co. Ltd.(a)

     61,500        959,391  

Nippon Air Conditioning Services Co. Ltd.(a)

     87,600        446,034  

Nippon Aqua Co. Ltd.

     101,000        508,681  

Nippon Carbide Industries Co., Inc.

     34,700        297,268  

Nippon Chemical Industrial Co. Ltd.

     16,100        208,112  

Nippon Concrete Industries Co. Ltd.(a)

     52,800        89,371  

Nippon Electric Glass Co. Ltd.

     77,900      1,341,702  

Nippon Gas Co. Ltd.

     105,800        1,502,083  

Nippon Kayaku Co. Ltd.

     187,399        1,499,244  

Nippon Koei Co. Ltd.

     30,200        744,855  

Nippon Light Metal Holdings Co. Ltd.

     71,300        713,271  

Nippon Paper Industries Co. Ltd.

     83,538        543,088  

Nippon Seisen Co. Ltd.(a)

     13,200        398,522  

Nippon Shokubai Co. Ltd.

     28,000        1,044,596  

Nippon Steel Trading Corp.

     41,073        1,427,318  

Nippon Thompson Co. Ltd.

     125,700        462,870  

Nipro Corp.(a)

     150,100        1,128,252  

Nishi-Nippon Financial Holdings, Inc.

     259,900        1,346,679  

Nishimatsu Construction Co. Ltd.(a)

     122,500        3,211,769  

Nissei ASB Machine Co. Ltd.(a)

     21,000        519,396  

Nissei Plastic Industrial Co. Ltd.(a)

     47,100        289,280  

Nisshinbo Holdings, Inc.

     161,092        1,168,583  

Nissin Corp.

     31,400        376,379  

Nissin Electric Co. Ltd.

     145,200        1,332,175  

Noevir Holdings Co. Ltd.

     39,600        1,553,960  

NOK Corp.(a)

     113,100        880,609  

NS Tool Co. Ltd.(a)

     62,500        490,950  

NSW, Inc.

     40,200        589,343  

Okabe Co. Ltd.

     58,900        263,279  

Okamura Corp.

     136,200        1,298,532  

Okinawa Cellular Telephone Co.

     81,600        1,437,563  

Okumura Corp.

     52,700        1,036,196  

Okura Industrial Co. Ltd.(a)

     22,400        275,773  

Okuwa Co. Ltd.

     97,500        609,607  

Organo Corp.

     28,000        396,753  

Orient Corp.

     114,860        909,389  

Oriental Shiraishi Corp.(a)

     206,000        350,105  

Osaki Electric Co. Ltd.

     88,200        304,674  

PALTAC Corp.

     28,000        861,791  

Paramount Bed Holdings Co. Ltd.

     48,300        861,255  

PC Depot Corp.(a)

     87,200        161,454  

Penta-Ocean Construction Co. Ltd.

     222,000        1,115,023  

Pigeon Corp.

     96,300        1,406,461  

Plenus Co. Ltd.

     75,500        1,004,615  

Press Kogyo Co. Ltd.

     103,600        282,002  

Procrea Holdings, Inc.(a)

     36,600        537,071  

Pronexus, Inc.

     65,400        431,497  

PS Mitsubishi Construction Co. Ltd.

     99,800        423,346  

Quick Co. Ltd.

     54,300        682,009  

Raito Kogyo Co. Ltd.

     85,300        1,122,051  

Rengo Co. Ltd.

     214,000        1,241,908  

Retail Partners Co. Ltd.(a)

     56,100        430,987  

Ricoh Leasing Co. Ltd.(a)

     48,100        1,173,049  

Riken Corp.(a)

     12,500        197,243  

Riken Technos Corp.

     124,200        430,747  

Roland Corp.

     37,500        1,150,299  

Roland DG Corp.

     21,400        439,695  

Ryoden Corp.(a)

     44,900        484,223  

Ryosan Co. Ltd.

     39,500        611,009  

Sakai Chemical Industry Co. Ltd.(a)

     36,000        466,089  

 

See Notes to Financial Statements.

 

62   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Sala Corp.(a)

     73,600      $ 386,445  

SAMTY Co. Ltd.(a)

     71,900        1,117,158  

Sanei Architecture Planning Co. Ltd.

     26,700        298,091  

Sanki Engineering Co. Ltd.

     103,300        1,131,165  

Sankyo Co. Ltd.

     74,500        2,256,952  

Sanoh Industrial Co. Ltd.(a)

     56,600        260,037  

Sansei Technologies, Inc.(a)

     53,000        276,818  

Sanshin Electronics Co. Ltd.(a)

     37,400        433,312  

Sanyo Trading Co. Ltd.(a)

     70,300        502,195  

Sato Shoji Corp.(a)

     46,900        366,788  

Sawai Group Holdings Co. Ltd.

     35,200        987,336  

Scala, Inc.

     58,000        268,071  

Seika Corp.

     38,700        423,509  

Seino Holdings Co. Ltd.

     99,300        795,800  

Sekisui Kasei Co. Ltd.

     43,200        118,785  

Senko Group Holdings Co. Ltd.

     173,000        1,146,202  

Seria Co. Ltd.

     52,200        911,683  

Seven Bank Ltd.(a)

     1,410,800        2,524,420  

Shibaura Mechatronics Corp.

     9,200        594,287  

Shikoku Electric Power Co., Inc.

     240,300        1,200,296  

Shinnihon Corp.(a)

     58,000        283,298  

Shinnihonseiyaku Co. Ltd.(a)

     29,600        307,155  

Shinsho Corp.(a)

     19,800        504,764  

Ship Healthcare Holdings, Inc.

     58,500        1,098,908  

SHO-BOND Holdings Co. Ltd.

     56,300        2,434,889  

Sinfonia Technology Co. Ltd.

     47,400        439,468  

SKY Perfect JSAT Holdings, Inc.

     301,800        1,077,969  

Space Co. Ltd.

     58,000        341,400  

ST Corp.

     58,600        607,680  

St. Marc Holdings Co. Ltd.

     67,600        749,113  

Starzen Co. Ltd.

     42,600        596,862  

Stella Chemifa Corp.

     24,200        419,314  

Studio Alice Co. Ltd.(a)

     36,700        544,117  

Sumitomo Bakelite Co. Ltd.

     44,500        1,218,989  

Sumitomo Osaka Cement Co. Ltd.(a)

     34,500        777,022  

Sumitomo Riko Co. Ltd.(a)

     90,100        350,453  

Sumitomo Seika Chemicals Co. Ltd.

     15,900        329,106  

Sun Frontier Fudousan Co. Ltd.

     161,300        1,248,098  

Suncall Corp.

     31,700        143,230  

T-Gaia Corp.(a)

     62,000        702,048  

Tachi-S Co. Ltd.

     47,900        354,423  

Tachibana Eletech Co. Ltd.

     31,200        337,554  

Taiheiyo Cement Corp.(a)

     70,400        991,227  

Taiho Kogyo Co. Ltd.(a)

     39,100        182,068  

Taiyo Holdings Co. Ltd.

     37,900        629,201  

Takaoka Toko Co. Ltd.(a)

     33,200        405,524  

Takara & Co. Ltd.

     21,000        309,607  

Takara Holdings, Inc.

     108,000        788,670  

Takashimaya Co. Ltd.(a)

     151,100        1,786,121  

Tama Home Co. Ltd.

     51,100        829,631  

Tatsuta Electric Wire and Cable Co. Ltd.(a)

     110,600        333,149  

Tayca Corp.(a)

     48,600        414,331  

TDC Soft, Inc.(a)

     77,200        660,289  

Teijin Ltd.

     135,600        1,313,422  

Teikoku Electric Manufacturing Co. Ltd.

     48,900      620,266  

Toa Corp.(a)

     84,100        443,901  

Toda Corp.(a)

     369,000        1,896,687  

Toho Bank Ltd.(a)

     278,300        390,306  

Tokai Carbon Co. Ltd.

     141,500        957,052  

TOKAI Holdings Corp.(a)

     171,400        1,031,396  

Tokai Rika Co. Ltd.(a)

     79,022        751,213  

Tokai Tokyo Financial Holdings, Inc.(a)

     356,900        870,398  

Tokuyama Corp.

     60,900        732,508  

Tokyo Energy & Systems, Inc.

     93,500        625,939  

Tokyo Ohka Kogyo Co. Ltd.

     26,500        1,105,807  

Tokyo Sangyo Co. Ltd.(a)

     70,200        366,168  

Tokyo Seimitsu Co. Ltd.

     43,000        1,265,536  

Tokyo Tekko Co. Ltd.(a)

     15,100        136,035  

Tokyu Construction Co. Ltd.

     45,800        199,660  

Tomoku Co. Ltd.

     3,800        37,358  

TOMONY Holdings, Inc.(a)

     170,700        365,588  

Topre Corp.(a)

     56,800        435,187  

Torishima Pump Manufacturing Co. Ltd.

     65,200        600,897  

Totetsu Kogyo Co. Ltd.

     10,200        163,276  

Tow Co. Ltd.(a)

     238,100        500,068  

Toyo Ink SC Holdings Co. Ltd.

     59,300        778,403  

Toyo Kanetsu KK(a)

     11,200        190,039  

Toyo Seikan Group Holdings Ltd.

     196,400        2,366,380  

Toyo Tanso Co. Ltd.

     32,100        728,512  

Toyo Tire Corp.(a)

     105,400        1,143,238  

Toyoda Gosei Co. Ltd.

     95,100        1,435,583  

TPR Co. Ltd.

     32,700        268,612  

Transaction Co. Ltd.(a)

     75,000        551,833  

TS Tech Co. Ltd.

     107,000        1,048,969  

Tsumura & Co.

     51,201        1,091,265  

Tsurumi Manufacturing Co. Ltd.(a)

     53,400        845,206  

UBE Corp.

     105,000        1,401,499  

Uchida Yoko Co. Ltd.

     19,600        593,775  

Ulvac, Inc.

     35,000        1,240,457  

UNITED, Inc.(a)

     46,600        450,402  

V Technology Co. Ltd.(a)

     20,800        367,587  

Vertex Corp.(a)

     99,300        907,623  

Vital KSK Holdings, Inc.

     128,800        577,507  

Wakachiku Construction Co. Ltd.

     36,700        570,740  

Wakita & Co. Ltd.

     68,700        551,043  

Warabeya Nichiyo Holdings Co. Ltd.

     28,600        437,857  

Xebio Holdings Co. Ltd.

     87,200        580,751  

Yahagi Construction Co. Ltd.

     71,700        364,580  

YAMADA Consulting Group Co. Ltd.

     47,600        394,296  

Yamae Group Holdings Co. Ltd.

     57,900        634,422  

Yamagata Bank Ltd.(a)

     57,900        399,614  

Yamaguchi Financial Group, Inc.

     366,300        1,943,545  

Yellow Hat Ltd.(a)

     85,900        1,064,663  

Yokorei Co. Ltd.

     87,200        530,749  

Yorozu Corp.

     48,200        266,400  

Yotai Refractories Co. Ltd.

     49,700        479,677  

Yurtec Corp.

     74,500        362,862  

Yushin Precision Equipment Co. Ltd.

     96,800        471,477  
     

 

 

 
Total Japan

 

     296,480,601  

 

See Notes to Financial Statements.

 

WisdomTree Trust      63  


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  
Netherlands – 1.5%

 

Brunel International NV

     99,963      $ 838,270  

Corbion NV

     36,833        925,901  

Eurocommercial Properties NV

     62,919        1,254,961  

Heijmans NV, CVA

     83,561        783,405  

Ordina NV

     421,928        1,581,032  

PostNL NV(a)

     3,621,821        6,113,404  

RHI Magnesita NV

     81,107        1,529,215  

TKH Group NV, CVA

     42,633        1,394,965  

Wereldhave NV

     71,631        824,536  
     

 

 

 
Total Netherlands

 

     15,245,689  
Norway – 2.8%

 

ABG Sundal Collier Holding ASA

     2,450,883        1,241,494  

AF Gruppen ASA

     65,205        828,133  

Atea ASA*

     172,813        1,541,437  

Austevoll Seafood ASA

     271,043        1,834,355  

Bonheur ASA

     30,579        867,091  

Borregaard ASA

     84,709        999,663  

Bouvet ASA(a)

     207,851        1,041,425  

Europris ASA(b)

     376,307        1,880,283  

Hunter Group ASA*

     4,444,459        891,155  

Kid ASA(b)

     177,057        1,190,968  

Kitron ASA(a)

     589,226        1,017,618  

Multiconsult ASA(b)

     83,451        1,010,854  

Pareto Bank ASA

     136,902        552,143  

Protector Forsikring ASA

     161,601        1,666,838  

Selvaag Bolig ASA

     230,000        670,123  

SpareBank 1 Nord Norge

     99,363        744,043  

Sparebank 1 Oestlandet

     122,144        1,201,573  

SpareBank 1 SMN

     122,279        1,250,029  

Sparebanken Vest

     128,404        963,862  

TGS ASA

     292,107        3,591,947  

Veidekke ASA

     378,158        2,824,755  
     

 

 

 
Total Norway

 

     27,809,789  
Peru – 0.0%

 

Hochschild Mining PLC

     598,539        394,208  
Portugal – 1.6%

 

Altri SGPS SA(a)

     489,480        2,481,511  

Corticeira Amorim SGPS SA

     111,195        991,283  

Navigator Co. SA

     1,433,628        4,895,924  

REN – Redes Energeticas Nacionais SGPS SA

     1,712,257        4,050,950  

Sonae SGPS SA

     4,659,369        3,763,471  
     

 

 

 
Total Portugal

 

     16,183,139  
Singapore – 4.6%

 

Best World International Ltd.*(a)

     178,186        89,503  

Bukit Sembawang Estates Ltd.(a)

     719,100        2,245,152  

China Sunsine Chemical Holdings Ltd.(a)

     758,100        237,748  

Civmec Ltd.(a)

     1,172,300        494,279  

ComfortDelGro Corp. Ltd.

     2,134,900        1,963,947  

CSE Global Ltd.

     839,200        248,561  

Hong Fok Corp. Ltd.*

     793,600        542,009  

Hong Leong Asia Ltd.

     1,293,800        622,149  

Hour Glass Ltd.(a)

     1,730,100      2,532,030  

Keppel Infrastructure Trust(a)

     15,526,982        5,843,313  

NetLink NBN Trust

     13,093,400        8,258,086  

Propnex Ltd.(a)

     1,469,500        1,536,170  

Q&M Dental Group Singapore Ltd.(a)

     3,030,700        718,125  

Raffles Medical Group Ltd.

     1,918,100        1,777,875  

Riverstone Holdings Ltd.(a)

     6,478,200        2,595,975  

Sembcorp Industries Ltd.

     2,408,300        5,169,394  

Sheng Siong Group Ltd.

     4,356,500        4,797,038  

Singapore Post Ltd.(a)

     2,140,700        813,075  

StarHub Ltd.(a)

     3,266,300        2,503,959  

Tuan Sing Holdings Ltd.(a)

     1,631,128        358,078  

UMS Holdings Ltd.(a)

     1,631,498        1,444,005  

Wing Tai Holdings Ltd.(a)

     843,000        892,996  
     

 

 

 
Total Singapore

 

     45,683,467  
Spain – 3.3%

 

Aedas Homes SA(b)

     118,573        1,691,290  

Almirall SA

     135,691        1,310,686  

Applus Services SA

     160,606        902,331  

Cia de Distribucion Integral Logista Holdings SA

     572,761        10,464,611  

ContourGlobal PLC(b)

     792,385        2,229,038  

Ebro Foods SA(a)

     200,978        2,937,570  

Faes Farma SA

     768,633        2,793,597  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros

     1,950,697        1,838,382  

Neinor Homes SA(b)

     152,952        1,398,002  

Prosegur Cash SA(a)(b)

     2,017,953        1,255,323  

Prosegur Cia de Seguridad SA

     1,183,612        1,800,743  

Sacyr SA(a)

     1,166,979        2,558,550  

Unicaja Banco SA(b)

     1,774,193        1,610,338  
     

 

 

 
Total Spain

 

     32,790,461  
Sweden – 3.7%

 

AcadeMedia AB(b)

     181,794        791,228  

Akelius Residential Property AB, Class D(a)

     545,678        886,323  

Atrium Ljungberg AB, Class B

     162,364        2,011,719  

Beijer Alma AB

     67,758        890,211  

Bilia AB, Class A

     196,672        2,263,124  

Bonava AB, Class B(a)

     191,540        452,550  

Bravida Holding AB(b)

     192,182        1,588,023  

Bufab AB

     38,003        688,317  

Byggmax Group AB

     165,063        554,796  

Catena AB

     47,304        1,410,914  

Clas Ohlson AB, Class B

     183,875        1,104,327  

Cloetta AB, Class B

     439,839        697,956  

Coor Service Management Holding AB(b)

     191,748        1,305,390  

Dios Fastigheter AB

     305,132        1,937,062  

Dustin Group AB(a)(b)

     141,050        558,989  

Elanders AB, Class B

     57,067        702,442  

Ferronordic AB

     54,464        142,325  

Inwido AB

     123,449        978,915  

JM AB

     119,837        1,670,537  

KNOW IT AB

     30,785        619,722  

Lagercrantz Group AB, Class B(a)

     140,175        1,233,439  

 

See Notes to Financial Statements.

 

64   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Lindab International AB

     83,871      $ 942,439  

Loomis AB

     88,982        2,198,591  

Mycronic AB

     78,319        952,743  

NCC AB, Class B

     133,156        963,499  

Nobia AB

     408,225        768,077  

Nolato AB, Class B

     189,753        869,470  

Nordic Waterproofing Holding AB

     44,281        597,729  

Peab AB, Class B

     753,240        3,627,905  

Platzer Fastigheter Holding AB, Class B

     168,459        1,017,054  

Ratos AB, Class B

     282,437        969,410  

Scandi Standard AB*

     60,357        252,686  

Troax Group AB

     40,054        568,823  

Volati AB

     59,874        530,355  
     

 

 

 
Total Sweden

 

     36,747,090  
Switzerland – 1.6%

 

Arbonia AG

     126,774        1,458,046  

EFG International AG

     278,888        2,224,304  

Huber + Suhner AG, Registered Shares

     27,699        2,211,980  

Landis + Gyr Group AG*

     48,715        2,662,806  

Mobilezone Holding AG, Registered Shares

     155,546        2,354,722  

Swissquote Group Holding SA, Registered Shares

     10,591        1,120,166  

Valiant Holding AG, Registered Shares

     33,428        3,192,514  

Zehnder Group AG

     12,270        628,304  
     

 

 

 
Total Switzerland

 

     15,852,842  
United Kingdom – 11.3%

 

AJ Bell PLC

     303,296        911,428  

Alliance Pharma PLC

     783,608        485,481  

Assura PLC

     4,480,160        2,680,643  

Balfour Beatty PLC

     476,427        1,629,543  

Bloomsbury Publishing PLC

     32,963        134,859  

Bodycote PLC

     218,772        1,136,088  

CareTech Holdings PLC

     1,683        14,090  

Central Asia Metals PLC

     723,790        1,753,287  

Chesnara PLC

     377,454        1,156,610  

Clarkson PLC

     49,710        1,459,420  

CLS Holdings PLC

     616,808        959,828  

Coats Group PLC

     1,576,282        895,638  

Cohort PLC(a)

     60,709        321,905  

Cranswick PLC

     72,119        2,157,571  

Currys PLC

     1,215,529        768,681  

Devro PLC

     520,064        963,708  

Diversified Energy Co. PLC

     5,425,562        7,855,348  

Domino’s Pizza Group PLC

     690,359        1,715,461  

Drax Group PLC

     899,476        6,029,528  

EMIS Group PLC

     104,248        2,199,430  

Epwin Group PLC

     251,869        213,683  

Essentra PLC

     290,256        591,647  

Euromoney Institutional Investor PLC

     90,226        1,452,371  

FDM Group Holdings PLC

     201,428        1,409,834  

Ferrexpo PLC

     4,957,763        6,729,767  

Forterra PLC(b)

     314,091        820,450  

Gateley Holdings PLC

     305,500        656,482  

GB Group PLC

     120,629        820,068  

Genuit Group PLC

     161,864      526,708  

Great Portland Estates PLC

     213,913        1,050,680  

Henry Boot PLC(a)

     152,940        421,695  

Hill & Smith Holdings PLC

     101,577        1,032,986  

Hilton Food Group PLC

     140,467        838,897  

Hunting PLC

     256,672        669,031  

Ibstock PLC(b)

     389,404        713,763  

IG Design Group PLC(a)

     201,727        173,395  

Impax Asset Management Group PLC(a)

     110,774        649,199  

IntegraFin Holdings PLC

     259,596        636,952  

James Fisher & Sons PLC*

     42,983        135,309  

James Halstead PLC(a)

     399,658        921,275  

Jupiter Fund Management PLC

     1,523,611        1,562,190  

Keller Group PLC

     137,755        968,788  

Liontrust Asset Management PLC

     86,313        704,327  

Londonmetric Property PLC(a)

     1,903,046        3,707,024  

Luceco PLC(b)

     159,360        147,652  

Marshalls PLC

     127,842        417,569  

Mattioli Woods PLC

     80,574        566,652  

MJ Gleeson PLC

     93,101        428,186  

Moneysupermarket.com Group PLC

     1,330,797        2,760,185  

Morgan Advanced Materials PLC

     290,412        735,904  

Morgan Sindall Group PLC

     94,063        1,551,937  

Mortgage Advice Bureau Holdings Ltd.

     77,128        547,583  

NCC Group PLC

     425,452        1,037,726  

Next Fifteen Communications Group PLC

     96,607        841,170  

Numis Corp. PLC

     256,900        665,323  

Oxford Instruments PLC

     37,871        754,193  

Pagegroup PLC

     127,776        528,610  

Pan African Resources PLC(a)

     6,320,081        1,234,643  

Paragon Banking Group PLC

     436,650        1,924,382  

PayPoint PLC

     229,757        1,538,866  

Polar Capital Holdings PLC

     322,276        1,492,990  

Premier Miton Group PLC

     341,153        403,679  

PZ Cussons PLC

     517,555        1,127,761  

QinetiQ Group PLC

     684,245        2,520,614  

Reach PLC

     352,498        272,494  

Redde Northgate PLC

     636,262        2,056,200  

Renew Holdings PLC

     127,969        814,255  

Sabre Insurance Group PLC(b)

     832,479        901,417  

Safestore Holdings PLC

     246,930        2,314,063  

Savills PLC

     173,139        1,537,502  

Serco Group PLC

     930,656        1,623,786  

Serica Energy PLC

     295,651        1,235,981  

Smart Metering Systems PLC

     180,728        1,622,042  

Spirent Communications PLC

     540,856        1,584,259  

SThree PLC

     199,979        767,933  

Synthomer PLC

     960,917        1,142,395  

TBC Bank Group PLC

     86,063        1,602,482  

Telecom Plus PLC

     161,969        3,120,710  

TI Fluid Systems PLC(a)(b)

     758,519        1,024,549  

Tyman PLC

     308,624        678,009  

Vesuvius PLC

     507,411        1,752,512  

Victrex PLC

     94,914        1,769,406  

 

See Notes to Financial Statements.

 

WisdomTree Trust      65  


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Watkin Jones PLC

     545,185      $ 920,188  

Wincanton PLC

     270,651        883,723  

Workspace Group PLC

     219,910        978,505  

XPS Pensions Group PLC

     536,834        767,062  
     

 

 

 
Total United Kingdom

 

     113,230,166  

TOTAL COMMON STOCKS

(Cost: $1,308,146,080)

 

 

     987,121,652  
EXCHANGE-TRADED FUND – 0.0%

 

United States – 0.0%

 

WisdomTree Japan SmallCap Dividend Fund(c)

     
(Cost: $25,394)      431        24,532  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 6.6%

 

United States – 6.6%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(d)

 

  
(Cost: $66,358,728)      66,358,728        66,358,728  

TOTAL INVESTMENTS IN SECURITIES – 105.3%

(Cost: $1,374,530,202)

 

 

     1,053,504,912  

Other Assets less Liabilities – (5.3)%

 

     (53,294,734
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,000,210,178  
* 

Non-income producing security.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $89,503, which represents 0.01% of net assets.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $127,985,825. The Fund also had securities on loan having a total market value of $4,524 that were sold and pending settlement. The total market value of the collateral held by the Fund was $138,196,218. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $71,837,490.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

INVESTMENT IN AFFILIATES

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate   Value at
3/31/2022
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2022
    Dividend
Income
 

WisdomTree Europe SmallCap Dividend Fund^

  $ 4,449,907     $ 5,549,096     $ 8,375,743     $ (1,675,836   $ 52,576     $     $ 209,329  

WisdomTree Japan SmallCap Dividend Fund

    3,408,074       4,578,668       7,426,770       (709,902     174,462       24,532       63,613  

Total

  $ 7,857,981     $ 10,127,764     $ 15,802,513     $ (2,385,738   $ 227,038     $ 24,532     $ 272,942  
^As

of September 30,2022, the Fund did not hold a position in this affiliate.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC — OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
   

Amount and
Description of
Currency to
be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

HSBC Holdings PLC

    10/3/2022       112,546       USD       400,000       ILS     $ 93     $  

Standard Chartered Bank

    10/3/2022       109,692       USD       100,000       GBP             (1,938

Standard Chartered Bank

    10/3/2022       165,607       USD       1,300,000       HKD             (0 )^ 
                                            $ 93     $ (1,938
^ 

Amount represents less than $1.

 

See Notes to Financial Statements.

 

66   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

           

Singapore

   $ 45,593,964      $      $ 89,503 *     $ 45,683,467  

United Kingdom

     113,216,076        14,090               113,230,166  

Other

     828,208,019                      828,208,019  

Exchange-Traded Fund

     24,532                      24,532  

Investment of Cash Collateral for Securities Loaned

            66,358,728               66,358,728  

Total Investments in Securities

   $ 987,042,591      $ 66,372,818      $ 89,503      $ 1,053,504,912  

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ 93      $      $ 93  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (1,938    $      $ (1,938

Total – Net

   $ 987,042,591      $ 66,370,973      $ 89,503      $ 1,053,503,067  
* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      67  


Schedule of Investments (unaudited)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.2%

 

Japan – 98.2%

 

Air Freight & Logistics – 0.7%

 

AIT Corp.(a)

     18,500      $ 185,326  

Konoike Transport Co. Ltd.

     18,100        178,193  

Maruwa Unyu Kikan Co. Ltd.(a)

     17,600        176,431  

Mitsui-Soko Holdings Co. Ltd.

     13,100        278,300  

SBS Holdings, Inc.

     8,300        159,927  
     

 

 

 
Total Air Freight & Logistics

 

     978,177  
Auto Components – 3.8%

 

Aisan Industry Co. Ltd.

     29,200        137,784  

Daikyonishikawa Corp.(a)

     34,700        127,537  

Eagle Industry Co. Ltd.

     33,200        248,636  

Exedy Corp.

     15,125        171,579  

FCC Co. Ltd.

     17,600        160,625  

FuKoKu Co. Ltd.

     17,700        118,493  

Furukawa Battery Co. Ltd.(a)

     9,600        74,481  

Futaba Industrial Co. Ltd.

     15,600        34,919  

G-Tekt Corp.

     14,600        127,597  

H-One Co. Ltd.(a)

     25,300        99,456  

IJTT Co. Ltd.

     18,000        62,676  

KYB Corp.

     11,100        237,345  

Musashi Seimitsu Industry Co. Ltd.(a)

     18,400        197,799  

NHK Spring Co. Ltd.

     70,500        414,491  

Nihon Tokushu Toryo Co. Ltd.

     14,200        89,078  

NOK Corp.(a)

     49,900        388,527  

Pacific Industrial Co. Ltd.

     22,000        154,727  

Press Kogyo Co. Ltd.

     61,400        167,133  

Riken Corp.(a)

     6,100        96,255  

Sanoh Industrial Co. Ltd.(a)

     14,800        67,996  

Shoei Co. Ltd.

     6,000        216,795  

Sumitomo Riko Co. Ltd.

     17,200        66,901  

Tachi-S Co. Ltd.

     12,900        95,450  

Taiho Kogyo Co. Ltd.(a)

     11,500        53,549  

Tokai Rika Co. Ltd.(a)

     36,558        347,534  

Topre Corp.(a)

     7,600        58,229  

Toyo Tire Corp.

     38,300        415,427  

Toyoda Gosei Co. Ltd.

     41,100        620,426  

TPR Co. Ltd.

     7,300        59,966  

TS Tech Co. Ltd.

     43,900        430,371  

Yorozu Corp.

     10,400        57,480  
     

 

 

 
Total Auto Components

 

     5,599,262  
Automobiles – 0.1%

 

Nissan Shatai Co. Ltd.(a)

     26,900        150,720  
Banks – 8.9%

 

77 Bank Ltd.

     33,400        411,198  

Aichi Bank Ltd.*

     7,500        292,393  

Akita Bank Ltd.

     13,000        144,779  

Aozora Bank Ltd.(a)

     59,200        1,056,025  

Awa Bank Ltd.(a)

     10,775        140,620  

Bank of Iwate Ltd.(a)

     9,500        117,614  

Bank of Nagoya Ltd.

     3,569        73,971  

Bank of Saga Ltd.

     17,100        179,689  

Bank of the Ryukyus Ltd.(a)

     21,508      113,673  

Chugoku Bank Ltd.*(a)

     59,100        367,065  

Chukyo Bank Ltd.*(a)

     8,900        105,144  

Daishi Hokuetsu Financial Group, Inc.

     18,155        336,396  

Ehime Bank Ltd.(a)

     22,999        136,807  

FIDEA Holdings Co. Ltd.(a)

     13,280        115,694  

Fukui Bank Ltd.(a)

     13,048        123,228  

Gunma Bank Ltd.

     150,000        406,232  

Hachijuni Bank Ltd.

     195,300        646,300  

Hokkoku Financial Holdings, Inc.(a)

     7,362        240,068  

Hokuhoku Financial Group, Inc.

     49,000        289,101  

Hyakugo Bank Ltd.(a)

     63,700        139,507  

Hyakujushi Bank Ltd.(a)

     7,300        84,073  

Iyo Bank Ltd.*(a)

     80,200        387,300  

Juroku Financial Group, Inc.

     13,300        224,109  

Keiyo Bank Ltd.(a)

     64,142        209,161  

Kiyo Bank Ltd.

     18,890        181,141  

Kyushu Financial Group, Inc.(a)

     157,400        415,398  

Mebuki Financial Group, Inc.

     572,800        1,115,960  

Miyazaki Bank Ltd.

     11,900        176,595  

Musashino Bank Ltd.

     9,900        116,547  

Nanto Bank Ltd.

     11,200        162,493  

Nishi-Nippon Financial Holdings, Inc.

     73,600        381,360  

North Pacific Bank Ltd.

     182,315        285,920  

Ogaki Kyoritsu Bank Ltd.(a)

     18,442        218,254  

Oita Bank Ltd.

     9,500        119,123  

Okinawa Financial Group, Inc.(a)

     7,980        115,611  

Procrea Holdings, Inc.(a)

     7,062        103,628  

San ju San Financial Group, Inc.(a)

     18,800        183,266  

San-In Godo Bank Ltd.

     48,800        236,001  

Senshu Ikeda Holdings, Inc.(a)

     140,340        202,640  

Seven Bank Ltd.(a)

     537,100        961,062  

Shiga Bank Ltd.(a)

     12,784        230,871  

Shikoku Bank Ltd.

     30,000        176,794  

Suruga Bank Ltd.

     28,500        73,246  

Toho Bank Ltd.(a)

     108,300        151,887  

Tokyo Kiraboshi Financial Group, Inc.

     10,500        153,933  

TOMONY Holdings, Inc.(a)

     31,577        67,628  

Towa Bank Ltd.(a)

     23,500        83,288  

Yamagata Bank Ltd.(a)

     7,900        54,524  

Yamaguchi Financial Group, Inc.

     116,000        615,482  

Yamanashi Chuo Bank Ltd.

     20,900        167,206  
     

 

 

 
Total Banks

 

     13,090,005  
Beverages – 0.3%

 

Sapporo Holdings Ltd.

     12,998        285,562  

Takara Holdings, Inc.

     28,611        208,932  
     

 

 

 
Total Beverages

 

     494,494  
Biotechnology – 0.0%

 

Pharma Foods International Co. Ltd.(a)

     2,100        17,874  
Building Products – 1.2%

 

Bunka Shutter Co. Ltd.

     44,600        315,523  

Central Glass Co. Ltd.

     15,486        355,736  

Nichias Corp.

     17,713        274,729  

 

See Notes to Financial Statements.

 

68   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

Investments    Shares      Value  

Nichiha Corp.

     9,400      $ 178,330  

Noritz Corp.

     13,300        141,504  

Shin Nippon Air Technologies Co. Ltd.

     7,600        94,564  

Sinko Industries Ltd.(a)

     7,700        78,944  

Takara Standard Co. Ltd.

     17,731        158,635  

Takasago Thermal Engineering Co. Ltd.

     18,372        215,902  
     

 

 

 
Total Building Products

 

     1,813,867  
Capital Markets – 2.0%

 

GMO Financial Holdings, Inc.

     69,600        344,286  

Ichiyoshi Securities Co. Ltd.(a)

     39,088        160,408  

IwaiCosmo Holdings, Inc.(a)

     35,000        292,584  

Kyokuto Securities Co. Ltd.(a)

     37,800        173,664  

Marusan Securities Co. Ltd.(a)

     38,300        114,573  

Matsui Securities Co. Ltd.(a)

     130,200        701,620  

Mito Securities Co. Ltd.(a)

     82,300        134,755  

Monex Group, Inc.(a)

     42,994        134,259  

Morningstar Japan KK

     46,044        147,600  

Okasan Securities Group, Inc.(a)

     89,400        201,350  

Sparx Group Co. Ltd.

     16,000        147,459  

Tokai Tokyo Financial Holdings, Inc.(a)

     150,800        367,767  
     

 

 

 
Total Capital Markets

 

     2,920,325  
Chemicals – 8.6%

 

ADEKA Corp.

     32,925        491,560  

Aica Kogyo Co. Ltd.

     17,915        387,398  

Asahi Yukizai Corp.

     6,400        97,142  

Chugoku Marine Paints Ltd.(a)

     24,500        150,475  

CI Takiron Corp.(a)

     38,900        140,287  

Daicel Corp.

     115,100        676,708  

Dainichiseika Color & Chemicals Manufacturing Co. Ltd.

     3,942        46,162  

DIC Corp.

     32,800        545,439  

DKS Co. Ltd.(a)

     3,400        44,888  

Fujimi, Inc.

     9,600        401,257  

Fujimori Kogyo Co. Ltd.(a)

     3,700        82,182  

Fuso Chemical Co. Ltd.

     3,900        83,796  

Ishihara Sangyo Kaisha Ltd.

     7,900        55,616  

JCU Corp.

     3,600        72,649  

JSP Corp.

     8,023        77,323  

Kaneka Corp.

     24,600        613,534  

KeePer Technical Laboratory Co. Ltd.(a)

     2,100        53,971  

KH Neochem Co. Ltd.

     7,300        132,943  

Konishi Co. Ltd.(a)

     11,900        127,678  

Kumiai Chemical Industry Co. Ltd.

     23,524        165,446  

Kureha Corp.

     5,064        310,673  

Kyowa Leather Cloth Co. Ltd.

     22,200        78,067  

Lintec Corp.

     37,565        576,406  

MEC Co. Ltd.

     2,500        38,550  

Nihon Nohyaku Co. Ltd.

     28,100        164,238  

Nihon Parkerizing Co. Ltd.

     28,100        180,739  

Nippon Chemical Industrial Co. Ltd.

     2,700        34,901  

Nippon Kayaku Co. Ltd.

     69,300        554,419  

Nippon Pillar Packing Co. Ltd.(a)

     10,000        158,002  

Nippon Shokubai Co. Ltd.

     7,400        276,072  

Nippon Soda Co. Ltd.

     11,518      350,525  

Okamoto Industries, Inc.(a)

     6,087        149,289  

Okura Industrial Co. Ltd.

     7,500        92,335  

Osaka Organic Chemical Industry Ltd.

     3,400        47,825  

Osaka Soda Co. Ltd.

     7,500        196,898  

Riken Technos Corp.(a)

     44,000        152,599  

Sakata INX Corp.

     20,200        136,346  

Sanyo Chemical Industries Ltd.(a)

     8,035        243,140  

Sekisui Kasei Co. Ltd.

     30,700        84,415  

Shikoku Chemicals Corp.(a)

     9,700        82,160  

Shin-Etsu Polymer Co. Ltd.

     18,600        153,817  

Stella Chemifa Corp.

     4,800        83,170  

Sumitomo Bakelite Co. Ltd.

     14,118        386,734  

Sumitomo Seika Chemicals Co. Ltd.

     3,300        68,305  

T Hasegawa Co. Ltd.(a)

     9,000        186,535  

Taiyo Holdings Co. Ltd.

     13,482        223,823  

Takasago International Corp.

     7,600        138,984  

Tayca Corp.(a)

     11,500        98,041  

Teijin Ltd.

     69,600        674,145  

Tokai Carbon Co. Ltd.

     45,600        308,421  

Tokuyama Corp.

     26,900        323,554  

Tokyo Ohka Kogyo Co. Ltd.

     8,500        354,693  

Toyo Ink SC Holdings Co. Ltd.

     29,402        385,946  

Toyobo Co. Ltd.

     27,953        199,878  

UBE Corp.

     43,693        583,197  

Valqua Ltd.

     8,837        153,119  
     

 

 

 
Total Chemicals

 

     12,676,415  
Commercial Services & Supplies – 1.5%

 

Aeon Delight Co. Ltd.

     18,300        358,553  

Daiseki Co. Ltd.

     4,688        144,450  

Itoki Corp.

     38,600        106,937  

Japan Elevator Service Holdings Co. Ltd.

     3,800        49,750  

King Jim Co. Ltd.(a)

     22,300        140,506  

Matsuda Sangyo Co. Ltd.

     4,400        66,147  

Nippon Air Conditioning Services Co. Ltd.

     26,000        132,385  

Nippon Kanzai Co. Ltd.(a)

     13,000        227,586  

Nippon Parking Development Co. Ltd.

     132,200        183,579  

Okamura Corp.

     40,776        388,759  

Pilot Corp.

     5,600        212,401  

Sato Holdings Corp.

     8,438        104,816  

Studio Alice Co. Ltd.(a)

     7,500        111,196  
     

 

 

 
Total Commercial Services & Supplies

 

     2,227,065  
Communications Equipment – 0.1%

 

Uniden Holdings Corp.

     7,900        223,227  
Construction & Engineering – 7.5%

 

Asanuma Corp.

     14,000        258,828  

Dai-Dan Co. Ltd.

     10,200        150,874  

Daiho Corp.(a)

     5,800        166,493  

EXEO Group, Inc.

     34,800        502,724  

Fudo Tetra Corp.

     11,300        114,995  

Hazama Ando Corp.

     73,600        425,598  

INFRONEER Holdings, Inc.

     69,373        471,609  

JDC Corp.

     39,200        169,805  

 

See Notes to Financial Statements.

 

WisdomTree Trust      69  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

Investments    Shares      Value  

Kandenko Co. Ltd.

     53,738      $ 308,888  

Kumagai Gumi Co. Ltd.

     18,400        320,597  

Kyudenko Corp.

     17,990        341,791  

Meisei Industrial Co. Ltd.

     30,400        147,437  

MIRAIT ONE Corp.

     32,300        327,363  

Nippon Densetsu Kogyo Co. Ltd.

     13,100        166,165  

Nishimatsu Construction Co. Ltd.(a)

     46,907        1,229,832  

Nittoc Construction Co. Ltd.

     34,100        210,614  

Okumura Corp.

     21,870        430,011  

Penta-Ocean Construction Co. Ltd.

     77,993        391,730  

PS Mitsubishi Construction Co. Ltd.

     27,500        116,653  

Raito Kogyo Co. Ltd.

     21,000        276,237  

Raiznext Corp.

     22,900        186,054  

Sanki Engineering Co. Ltd.

     33,600        367,930  

Seikitokyu Kogyo Co. Ltd.(a)

     32,900        171,609  

Shinnihon Corp.

     17,800        86,943  

SHO-BOND Holdings Co. Ltd.

     18,200        787,122  

Sumitomo Densetsu Co. Ltd.

     13,200        236,468  

Sumitomo Mitsui Construction Co. Ltd.

     50,060        153,903  

Taihei Dengyo Kaisha Ltd.

     9,800        226,136  

Taikisha Ltd.

     9,465        210,559  

Takamatsu Construction Group Co. Ltd.

     12,500        162,441  

Tekken Corp.

     9,700        118,883  

Tess Holdings Co. Ltd.

     2,700        17,628  

Toa Corp.

     7,300        125,529  

Toda Corp.(a)

     126,349        649,443  

Tokyo Energy & Systems, Inc.

     7,700        51,548  

Tokyu Construction Co. Ltd.

     33,800        147,347  

Totetsu Kogyo Co. Ltd.

     10,179        162,940  

Toyo Construction Co. Ltd.

     47,700        280,443  

Yahagi Construction Co. Ltd.

     24,500        124,578  

Yokogawa Bridge Holdings Corp.

     17,100        224,818  

Yurtec Corp.

     26,700        130,046  
     

 

 

 
Total Construction & Engineering

 

     11,150,612  
Construction Materials – 0.9%

 

Krosaki Harima Corp.

     3,800        121,552  

Mitani Sekisan Co. Ltd.(a)

     2,200        52,665  

Shinagawa Refractories Co. Ltd.

     4,800        124,356  

Sumitomo Osaka Cement Co. Ltd.(a)

     14,140        318,466  

Taiheiyo Cement Corp.(a)

     33,500        471,678  

Vertex Corp.(a)

     13,300        121,565  

Yotai Refractories Co. Ltd.

     8,100        78,177  
     

 

 

 
Total Construction Materials

 

     1,288,459  
Consumer Finance – 1.3%

 

AEON Financial Service Co. Ltd.

     51,300        507,524  

Credit Saison Co. Ltd.

     58,700        686,175  

Jaccs Co. Ltd.

     15,100        374,514  

Orient Corp.

     31,830        252,010  

Premium Group Co. Ltd.(a)

     9,700        119,085  
     

 

 

 
Total Consumer Finance

 

     1,939,308  
Containers & Packaging – 1.2%

 

Fuji Seal International, Inc.(a)

     8,510        89,954  

Pack Corp.

     5,400        82,672  

Rengo Co. Ltd.

     77,100      447,435  

Toyo Seikan Group Holdings Ltd.

     94,600        1,139,814  
     

 

 

 
Total Containers & Packaging

 

     1,759,875  
Distributors – 0.6%

 

Arata Corp.

     5,500        155,981  

Doshisha Co. Ltd.

     12,000        119,548  

Happinet Corp.

     14,600        186,402  

PALTAC Corp.

     9,500        292,394  

Yamae Group Holdings Co. Ltd.

     10,300        112,859  
     

 

 

 
Total Distributors

 

     867,184  
Diversified Consumer Services – 0.4%

 

Asante, Inc.(a)

     10,700        111,846  

Benesse Holdings, Inc.

     22,600        336,474  

Riso Kyoiku Co. Ltd.(a)

     32,600        72,071  

Tokyo Individualized Educational Institute, Inc.(a)

     24,900        94,615  
     

 

 

 
Total Diversified Consumer Services

 

     615,006  
Diversified Financial Services – 1.3%

 

eGuarantee, Inc.

     3,700        63,778  

Financial Products Group Co. Ltd.(a)

     26,000        203,337  

Fuyo General Lease Co. Ltd.

     10,700        583,253  

Japan Securities Finance Co. Ltd.

     33,600        190,349  

Mizuho Leasing Co. Ltd.(a)

     15,100        324,961  

NEC Capital Solutions Ltd.

     9,200        131,251  

Ricoh Leasing Co. Ltd.

     15,000        365,816  
     

 

 

 
Total Diversified Financial Services

 

     1,862,745  
Diversified Telecommunication Services – 0.2%

 

ARTERIA Networks Corp.

     28,400        233,683  

Usen-Next Holdings Co. Ltd.(a)

     2,900        39,549  
     

 

 

 
Total Diversified Telecommunication Services

 

     273,232  
Electric Utilities – 0.6%

 

Hokkaido Electric Power Co., Inc.

     105,900        331,429  

Okinawa Electric Power Co., Inc.(a)

     22,381        163,592  

Shikoku Electric Power Co., Inc.

     86,300        431,068  
     

 

 

 
Total Electric Utilities

 

     926,089  
Electrical Equipment – 1.6%

 

Daihen Corp.(a)

     7,800        200,193  

Furukawa Electric Co. Ltd.

     13,000        205,942  

GS Yuasa Corp.

     20,400        318,237  

Idec Corp.

     7,736        157,344  

Mabuchi Motor Co. Ltd.

     3,900        105,890  

Nippon Carbon Co. Ltd.

     5,800        159,080  

Nippon Seisen Co. Ltd.(a)

     3,100        93,592  

Nissin Electric Co. Ltd.

     35,465        325,383  

Nitto Kogyo Corp.(a)

     17,800        291,942  

Sanyo Denki Co. Ltd.

     2,800        95,464  

Sinfonia Technology Co. Ltd.

     12,100        112,185  

SWCC Showa Holdings Co. Ltd.

     3,900        47,152  

Takaoka Toko Co. Ltd.(a)

     9,500        116,039  

Tatsuta Electric Wire and Cable Co. Ltd.(a)

     31,200        93,980  
     

 

 

 
Total Electrical Equipment

 

     2,322,423  

 

See Notes to Financial Statements.

 

70   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

Investments    Shares      Value  
Electronic Equipment, Instruments & Components – 4.9%

 

A&D HOLON Holdings Co. Ltd.

     10,200      $ 57,502  

Ai Holdings Corp.

     11,900        169,689  

Amano Corp.

     20,735        348,102  

Anritsu Corp.(a)

     30,100        328,356  

Canon Electronics, Inc.

     12,100        132,499  

Citizen Watch Co. Ltd.(a)

     74,800        312,130  

CONEXIO Corp.(a)

     17,000        139,528  

Daiwabo Holdings Co. Ltd.

     45,795        589,423  

Dexerials Corp.(a)

     24,700        554,596  

Elematec Corp.

     18,254        158,018  

ESPEC Corp.

     8,000        94,566  

Furuno Electric Co. Ltd.

     22,900        173,714  

Hakuto Co. Ltd.(a)

     12,534        276,234  

Hioki EE Corp.(a)

     2,300        99,789  

I-PEX, Inc.

     2,700        23,112  

Innotech Corp.

     13,700        119,069  

Iriso Electronics Co. Ltd.(a)

     2,100        57,525  

Japan Aviation Electronics Industry Ltd.(a)

     17,900        262,171  

Kaga Electronics Co. Ltd.

     5,300        147,929  

Koa Corp.(a)

     8,200        124,916  

Macnica Holdings, Inc.

     20,700        388,129  

Meiko Electronics Co. Ltd.(a)

     3,400        58,630  

Nichicon Corp.(a)

     19,500        186,991  

Nippon Ceramic Co. Ltd.

     6,200        104,558  

Nippon Electric Glass Co. Ltd.

     35,400        609,708  

Nippon Signal Co. Ltd.(a)

     27,300        178,423  

Nissha Co. Ltd.

     10,400        122,792  

Nohmi Bosai Ltd.

     11,791        131,966  

Optex Group Co. Ltd.(a)

     9,700        142,272  

Restar Holdings Corp.(a)

     13,300        177,431  

Riken Keiki Co. Ltd.(a)

     2,700        72,749  

Ryoden Corp.

     12,961        139,778  

Ryosan Co. Ltd.

     5,900        91,265  

Sanshin Electronics Co. Ltd.(a)

     8,100        93,846  

Siix Corp.(a)

     13,300        99,788  

Tachibana Eletech Co. Ltd.

     3,900        42,194  

Tokyo Electron Device Ltd.

     3,900        142,803  

Topcon Corp.

     11,600        129,267  

V Technology Co. Ltd.

     4,100        72,457  

Yokowo Co. Ltd.(a)

     4,500        58,914  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     7,212,829  
Energy Equipment & Services – 0.2%

 

Modec, Inc.*(a)

     11,300        115,463  

Toyo Kanetsu KK(a)

     7,800        132,349  
     

 

 

 
Total Energy Equipment & Services

 

     247,812  
Entertainment – 0.8%

 

Akatsuki, Inc.

     4,400        63,289  

Avex, Inc.(a)

     56,099        597,247  

Daiichikosho Co. Ltd.(a)

     14,700        413,341  

Marvelous, Inc.

     33,600        154,600  
     

 

 

 
Total Entertainment

 

     1,228,477  
Food & Staples Retailing – 2.1%

 

Aeon Hokkaido Corp.(a)

     14,600      113,980  

Ain Holdings, Inc.

     2,300        99,313  

Arcs Co. Ltd.

     17,294        246,127  

Axial Retailing, Inc.

     6,900        155,166  

Belc Co. Ltd.

     3,700        137,780  

Cawachi Ltd.

     7,600        111,891  

Create SD Holdings Co. Ltd.

     8,000        173,270  

G-7 Holdings, Inc.(a)

     13,500        133,466  

Heiwado Co. Ltd.

     14,263        196,880  

Kato Sangyo Co. Ltd.

     10,516        242,657  

Life Corp.(a)

     7,000        129,897  

Mitsubishi Shokuhin Co. Ltd.

     10,800        243,988  

Okuwa Co. Ltd.

     18,000        112,543  

Qol Holdings Co. Ltd.

     7,600        63,532  

Retail Partners Co. Ltd.(a)

     11,200        86,044  

San-A Co. Ltd.

     5,900        177,923  

United Super Markets Holdings, Inc.(a)

     24,700        179,860  

Valor Holdings Co. Ltd.

     12,991        159,667  

Yaoko Co. Ltd.(a)

     4,600        208,477  

Yokorei Co. Ltd.

     24,900        151,555  
     

 

 

 
Total Food & Staples Retailing

 

     3,124,016  
Food Products – 3.4%

 

Ariake Japan Co. Ltd.(a)

     3,228        111,952  

Ezaki Glico Co. Ltd.

     13,200        325,110  

Fuji Oil Holdings, Inc.(a)

     17,500        290,891  

Fujicco Co. Ltd.(a)

     12,800        168,992  

Hokuto Corp.(a)

     17,591        230,180  

Itoham Yonekyu Holdings, Inc.

     140,500        646,468  

J-Oil Mills, Inc.(a)

     12,800        137,422  

Kagome Co. Ltd.

     13,300        277,036  

Kameda Seika Co. Ltd.(a)

     2,800        88,791  

Kyokuyo Co. Ltd.

     7,500        187,571  

Maruha Nichiro Corp.

     7,232        122,911  

Megmilk Snow Brand Co. Ltd.

     13,700        162,134  

Mitsui DM Sugar Holdings Co. Ltd.

     4,898        64,057  

Morinaga & Co. Ltd.

     11,687        320,949  

Nippn Corp.

     17,783        190,920  

Nippon Suisan Kaisha Ltd.

     49,000        184,497  

Nisshin Oillio Group Ltd.

     11,500        253,843  

Prima Meat Packers Ltd.

     11,600        167,495  

Riken Vitamin Co. Ltd.

     11,000        133,524  

S Foods, Inc.

     8,200        171,937  

Sakata Seed Corp.

     8,000        265,847  

Showa Sangyo Co. Ltd.

     8,900        152,366  

Starzen Co. Ltd.

     11,900        166,729  

Warabeya Nichiyo Holdings Co. Ltd.

     6,200        94,920  

Yukiguni Maitake Co. Ltd.

     14,200        97,907  
     

 

 

 
Total Food Products

 

     5,014,449  
Gas Utilities – 0.7%

 

Hokkaido Gas Co. Ltd.

     11,200        122,798  

Nippon Gas Co. Ltd.

     40,400        573,574  

Saibu Gas Holdings Co. Ltd.(a)

     13,300        158,687  

 

See Notes to Financial Statements.

 

WisdomTree Trust      71  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

Investments    Shares      Value  

Shizuoka Gas Co. Ltd.

     17,792      $ 121,690  
     

 

 

 
Total Gas Utilities

 

     976,749  
Health Care Equipment & Supplies – 1.3%

 

Eiken Chemical Co. Ltd.

     13,370        165,895  

Hogy Medical Co. Ltd.(a)

     8,000        196,207  

Japan Lifeline Co. Ltd.

     18,700        124,930  

Mani, Inc.

     13,800        167,608  

Mizuho Medy Co. Ltd.(a)

     3,100        58,725  

Nagaileben Co. Ltd.

     11,926        160,255  

Nakanishi, Inc.

     17,800        324,777  

Nipro Corp.(a)

     50,400        378,840  

Paramount Bed Holdings Co. Ltd.

     16,442        293,183  
     

 

 

 
Total Health Care Equipment & Supplies

 

     1,870,420  
Health Care Providers & Services – 1.2%

 

BML, Inc.

     13,800        310,808  

Falco Holdings Co. Ltd.(a)

     7,000        84,438  

France Bed Holdings Co. Ltd.(a)

     22,400        139,744  

H.U. Group Holdings, Inc.

     42,800        780,628  

Ship Healthcare Holdings, Inc.

     15,714        295,184  

Solasto Corp.

     14,900        88,837  

Tokai Corp.

     8,200        101,576  
     

 

 

 
Total Health Care Providers & Services

 

     1,801,215  
Hotels, Restaurants & Leisure – 2.1%

 

Aeon Fantasy Co. Ltd.

     4,900        117,299  

Arcland Service Holdings Co. Ltd.(a)

     7,000        103,347  

Doutor Nichires Holdings Co. Ltd.

     9,400        112,869  

Heiwa Corp.(a)

     38,900        601,459  

Hiday Hidaka Corp.

     6,098        90,831  

Ichibanya Co. Ltd.

     6,136        188,220  

KFC Holdings Japan Ltd.(a)

     7,600        142,187  

KOMEDA Holdings Co. Ltd.

     18,200        292,845  

Kura Sushi, Inc.(a)

     2,100        44,395  

Monogatari Corp.

     1,300        62,330  

MOS Food Services, Inc.

     5,200        111,728  

Ohsho Food Service Corp.

     6,900        305,088  

Plenus Co. Ltd.

     23,100        307,372  

Resorttrust, Inc.

     15,308        245,571  

Round One Corp.

     42,000        182,224  

Saizeriya Co. Ltd.

     2,800        51,649  

Tokyotokeiba Co. Ltd.

     3,542        101,064  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     3,060,478  
Household Durables – 1.9%

 

&Do Holdings Co. Ltd.

     12,300        73,080  

Cleanup Corp.

     38,600        150,138  

ES-Con Japan Ltd.(a)

     49,000        276,915  

FJ Next Holdings Co. Ltd.

     28,000        194,991  

Fuji Corp. Ltd.(a)

     33,900        145,441  

Fujitsu General Ltd.(a)

     13,300        276,117  

Hoosiers Holdings Co. Ltd.

     21,200        113,510  

JVCKenwood Corp.

     74,900        101,940  

Ki-Star Real Estate Co. Ltd.(a)

     8,700        262,662  

LEC, Inc.(a)

     17,700        100,762  

Pressance Corp.

     12,888      130,265  

Sanei Architecture Planning Co. Ltd.

     10,000        111,645  

Sangetsu Corp.

     23,700        262,142  

Tama Home Co. Ltd.

     19,000        308,473  

Tamron Co. Ltd.

     6,766        135,605  

Zojirushi Corp.(a)

     14,600        157,252  
     

 

 

 
Total Household Durables

 

     2,800,938  
Household Products – 0.5%

 

Earth Corp.

     3,700        132,668  

Pigeon Corp.

     37,100        541,845  
     

 

 

 
Total Household Products

 

     674,513  
Independent Power & Renewable Electricity Producers – 1.0%

 

Electric Power Development Co. Ltd.

     91,300        1,291,806  

eRex Co. Ltd.

     6,700        129,052  

West Holdings Corp.

     3,847        110,696  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     1,531,554  
Industrial Conglomerates – 0.6%

 

Nisshinbo Holdings, Inc.

     59,000        427,994  

Noritsu Koki Co. Ltd.

     3,900        65,797  

TOKAI Holdings Corp.(a)

     72,600        436,869  
     

 

 

 
Total Industrial Conglomerates

 

     930,660  
Insurance – 0.1%

 

Advance Create Co. Ltd.(a)

     14,000        93,143  
Interactive Media & Services – 0.1%

 

Infocom Corp.

     10,500        138,191  
Internet & Direct Marketing Retail – 0.3%

 

ASKUL Corp.

     16,730        172,681  

Aucnet, Inc.(a)

     6,000        92,480  

Belluna Co. Ltd.(a)

     23,484        113,246  

Scroll Corp.(a)

     26,000        125,918  
     

 

 

 
Total Internet & Direct Marketing Retail

 

     504,325  
IT Services – 3.1%

 

Bell System24 Holdings, Inc.

     23,000        219,282  

BIPROGY, Inc.

     25,100        544,502  

Comture Corp.(a)

     3,300        52,095  

Digital Garage, Inc.

     2,800        67,125  

DTS Corp.

     12,982        308,081  

Future Corp.

     16,400        179,358  

GMO GlobalSign Holdings KK

     2,000        61,073  

GMO Internet Group, Inc.

     18,072        318,128  

Ines Corp.(a)

     8,000        80,694  

Information Services International-Dentsu Ltd.

     8,200        250,966  

JBCC Holdings, Inc.

     12,100        147,713  

Kanematsu Electronics Ltd.

     11,100        305,596  

Mitsubishi Research Institute, Inc.

     4,600        141,580  

NEC Networks & System Integration Corp.

     28,537        310,123  

NET One Systems Co. Ltd.

     17,800        346,543  

NSD Co. Ltd.(a)

     20,500        348,547  

Relia, Inc.

     26,600        177,339  

SB Technology Corp.(a)

     4,000        60,548  

TDC Soft, Inc.(a)

     11,100        94,938  

 

See Notes to Financial Statements.

 

72   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

Investments    Shares      Value  

TKC Corp.

     10,500      $ 248,817  

Transcosmos, Inc.

     10,700        276,103  

Uchida Yoko Co. Ltd.

     3,000        90,884  
     

 

 

 
Total IT Services

 

     4,630,035  
Leisure Products – 1.2%

 

Daikoku Denki Co. Ltd.(a)

     9,500        85,388  

Furyu Corp.

     8,200        57,161  

GLOBERIDE, Inc.

     2,900        43,236  

Mizuno Corp.

     4,923        87,512  

Roland Corp.

     12,400        380,365  

Sankyo Co. Ltd.

     33,000        999,724  

Tomy Co. Ltd.

     17,600        150,654  
     

 

 

 
Total Leisure Products

 

     1,804,040  
Machinery – 4.2%

 

Aichi Corp.

     35,800        194,155  

Aida Engineering Ltd.(a)

     14,300        80,913  

Alinco, Inc.(a)

     18,500        115,030  

Bando Chemical Industries Ltd.

     29,700        210,523  

CKD Corp.

     9,541        113,244  

DMG Mori Co. Ltd.

     12,400        141,352  

Ebara Jitsugyo Co. Ltd.

     5,600        83,838  

Fujitec Co. Ltd.(a)

     21,561        434,810  

Fukushima Galilei Co. Ltd.

     2,100        51,940  

Furukawa Co. Ltd.

     13,300        111,457  

Giken Ltd.

     4,100        88,518  

Glory Ltd.

     17,600        258,142  

Hitachi Zosen Corp.

     22,800        134,993  

Japan Steel Works Ltd.

     8,004        157,376  

Juki Corp.

     9,400        44,810  

Kito Corp.

     7,700        144,589  

Kitz Corp.

     14,089        78,064  

Kyokuto Kaihatsu Kogyo Co. Ltd.(a)

     12,780        116,812  

Meidensha Corp.(a)

     9,300        126,639  

METAWATER Co. Ltd.

     12,300        161,201  

Mitsubishi Logisnext Co. Ltd.

     8,200        41,809  

Mitsuboshi Belting Ltd.(a)

     9,846        204,749  

Morita Holdings Corp.

     15,705        139,099  

Nachi-Fujikoshi Corp.

     2,100        51,142  

Nikko Co. Ltd.

     43,600        182,238  

Nippon Thompson Co. Ltd.

     15,200        55,972  

Nissei ASB Machine Co. Ltd.(a)

     4,000        98,933  

Nitta Corp.

     5,700        109,475  

Nomura Micro Science Co. Ltd.(a)

     2,800        64,900  

Noritake Co. Ltd.

     2,400        66,572  

Obara Group, Inc.(a)

     5,379        119,290  

Oiles Corp.(a)

     13,200        134,512  

OKUMA Corp.

     2,370        81,049  

Organo Corp.

     10,000        141,698  

OSG Corp.

     11,000        135,728  

Shibaura Machine Co. Ltd.

     8,061        160,390  

Shibuya Corp.

     6,300        105,330  

Shinmaywa Industries Ltd.

     21,485        144,129  

Sodick Co. Ltd.

     21,100        110,496  

Star Micronics Co. Ltd.

     17,834      200,709  

Takeuchi Manufacturing Co. Ltd.

     7,900        145,234  

Tocalo Co. Ltd.(a)

     17,700        143,195  

Torishima Pump Manufacturing Co. Ltd.

     16,900        155,754  

Tsubaki Nakashima Co. Ltd.

     11,000        85,723  

Tsubakimoto Chain Co.

     8,145        171,909  

Tsugami Corp.(a)

     9,000        72,749  

Union Tool Co.

     3,600        82,573  

YAMABIKO Corp.

     15,600        119,092  

Yushin Precision Equipment Co. Ltd.

     22,400        109,102  
     

 

 

 
Total Machinery

 

     6,281,957  
Marine – 0.3%

 

Iino Kaiun Kaisha Ltd.

     52,400        235,672  

Japan Transcity Corp.

     20,800        68,689  

NS United Kaiun Kaisha Ltd.

     8,100        211,251  
     

 

 

 
Total Marine

 

     515,612  
Media – 0.8%

 

Carta Holdings, Inc.

     7,700        88,786  

Digital Holdings, Inc.(a)

     5,900        47,609  

Intage Holdings, Inc.

     12,900        135,199  

Proto Corp.

     9,000        64,044  

SKY Perfect JSAT Holdings, Inc.

     134,000        478,621  

TV Tokyo Holdings Corp.

     12,300        161,371  

ValueCommerce Co. Ltd.

     3,100        47,417  

Wowow, Inc.

     8,800        80,860  

Zenrin Co. Ltd.

     17,580        108,216  
     

 

 

 
Total Media

 

     1,212,123  
Metals & Mining – 3.4%

 

Aichi Steel Corp.

     6,100        86,899  

Asahi Holdings, Inc.

     33,200        465,619  

Daido Steel Co. Ltd.(a)

     8,900        216,436  

Daiki Aluminium Industry Co. Ltd.(a)

     15,500        126,253  

Dowa Holdings Co. Ltd.

     13,300        476,887  

Hakudo Co. Ltd.(a)

     6,400        101,961  

Kobe Steel Ltd.(a)

     107,000        428,754  

Kurimoto Ltd.(a)

     7,100        78,728  

Kyoei Steel Ltd.

     17,614        168,784  

Maruichi Steel Tube Ltd.

     32,000        654,171  

Mitsubishi Materials Corp.

     44,800        615,615  

Mitsui Mining & Smelting Co. Ltd.

     14,600        306,636  

Neturen Co. Ltd.

     19,300        85,603  

Nippon Denko Co. Ltd.(a)

     53,800        124,144  

Nippon Light Metal Holdings Co. Ltd.

     33,600        336,128  

Nippon Yakin Kogyo Co. Ltd.(a)

     6,600        119,100  

Nittetsu Mining Co. Ltd.(a)

     4,800        91,129  

Sanyo Special Steel Co. Ltd.

     14,200        183,454  

Toho Titanium Co. Ltd.(a)

     8,200        133,810  

Toho Zinc Co. Ltd.(a)

     2,800        42,035  

Tokyo Steel Manufacturing Co. Ltd.

     19,500        169,881  

Tokyo Tekko Co. Ltd.(a)

     7,000        63,063  
     

 

 

 
Total Metals & Mining

 

     5,075,090  

 

See Notes to Financial Statements.

 

WisdomTree Trust      73  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

Investments    Shares      Value  
Multiline Retail – 1.5%

 

H2O Retailing Corp.

     38,100      $ 291,386  

Izumi Co. Ltd.

     17,600        377,547  

J. Front Retailing Co. Ltd.

     88,700        720,655  

Mr. Max Holdings Ltd.

     23,800        102,438  

Seria Co. Ltd.

     12,800        223,554  

Takashimaya Co. Ltd.

     37,600        444,462  
     

 

 

 
Total Multiline Retail

 

     2,160,042  
Oil, Gas & Consumable Fuels – 1.2%

 

Cosmo Energy Holdings Co. Ltd.

     41,500        1,063,698  

Itochu Enex Co. Ltd.

     53,881        380,437  

Nippon Coke & Engineering Co. Ltd.(a)

     131,500        82,673  

Sala Corp.

     30,800        161,719  

San-Ai Obbli Co. Ltd.

     14,516        112,021  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     1,800,548  
Paper & Forest Products – 0.5%

 

Daiken Corp.

     10,400        131,055  

Hokuetsu Corp.(a)

     53,832        280,792  

Nippon Paper Industries Co. Ltd.

     44,100        286,698  
     

 

 

 
Total Paper & Forest Products

 

     698,545  
Personal Products – 0.5%

 

Milbon Co. Ltd.

     3,000        132,025  

Noevir Holdings Co. Ltd.

     12,500        490,518  

Shinnihonseiyaku Co. Ltd.

     5,000        51,884  
     

 

 

 
Total Personal Products

 

     674,427  
Pharmaceuticals – 1.4%

 

Astena Holdings Co. Ltd.

     25,200        74,340  

Kaken Pharmaceutical Co. Ltd.

     14,900        392,715  

KYORIN Holdings, Inc.(a)

     23,285        284,738  

Mochida Pharmaceutical Co. Ltd.(a)

     12,822        298,969  

Sawai Group Holdings Co. Ltd.

     11,724        328,850  

Seikagaku Corp.(a)

     10,300        59,134  

Towa Pharmaceutical Co. Ltd.

     11,300        165,739  

Tsumura & Co.

     14,500        309,044  

ZERIA Pharmaceutical Co. Ltd.

     12,100        173,209  
     

 

 

 
Total Pharmaceuticals

 

     2,086,738  
Professional Services – 1.5%

 

Altech Corp.

     9,960        127,162  

Dip Corp.(a)

     8,200        208,194  

en Japan, Inc.

     2,100        32,368  

Forum Engineering, Inc.

     18,400        115,933  

FULLCAST Holdings Co. Ltd.

     7,300        129,110  

Funai Soken Holdings, Inc.

     7,410        125,680  

IR Japan Holdings Ltd.(a)

     400        5,665  

JAC Recruitment Co. Ltd.

     22,000        336,813  

LIKE, Inc.

     6,800        101,334  

Link and Motivation, Inc.(a)

     9,300        49,409  

Meitec Corp.

     24,300        385,120  

Nomura Co. Ltd.

     24,000        150,057  

Outsourcing, Inc.

     5,500        41,684  

Pasona Group, Inc.(a)

     5,000        69,087  

Tanseisha Co. Ltd.(a)

     13,000        68,258  

UT Group Co. Ltd.

     2,800      46,078  

World Holdings Co. Ltd.

     6,300        114,514  

YAMADA Consulting Group Co. Ltd.

     8,700        72,067  
     

 

 

 
Total Professional Services

 

     2,178,533  
Real Estate Management & Development – 1.5%

 

Aoyama Zaisan Networks Co. Ltd.(a)

     10,200        65,818  

CRE, Inc.(a)

     6,000        60,520  

Dear Life Co. Ltd.

     38,400        146,973  

Goldcrest Co. Ltd.(a)

     14,200        163,539  

Heiwa Real Estate Co. Ltd.

     9,568        262,427  

Ichigo, Inc.

     112,700        232,026  

Katitas Co. Ltd.(a)

     8,100        179,913  

Keihanshin Building Co. Ltd.

     14,400        121,670  

SAMTY Co. Ltd.(a)

     22,800        354,259  

Starts Corp., Inc.

     13,000        236,298  

Sun Frontier Fudousan Co. Ltd.

     46,500        359,805  

Takara Leben Co. Ltd.

     26,300        69,954  
     

 

 

 
Total Real Estate Management & Development

 

     2,253,202  
Road & Rail – 1.3%

 

Alps Logistics Co. Ltd.

     12,800        91,526  

Fukuyama Transporting Co. Ltd.(a)

     5,711        128,823  

Hamakyorex Co. Ltd.

     4,200        91,112  

Maruzen Showa Unyu Co. Ltd.(a)

     4,800        101,641  

Nankai Electric Railway Co. Ltd.

     13,300        271,614  

Nikkon Holdings Co. Ltd.(a)

     19,860        309,813  

Nishi-Nippon Railroad Co. Ltd.(a)

     7,800        155,413  

Sakai Moving Service Co. Ltd.

     2,100        67,971  

Seino Holdings Co. Ltd.

     38,200        306,138  

Senko Group Holdings Co. Ltd.

     61,256        405,848  
     

 

 

 
Total Road & Rail

 

     1,929,899  
Semiconductors & Semiconductor Equipment – 1.1%

 

Ferrotec Holdings Corp.(a)

     3,900        63,722  

Furuya Metal Co. Ltd.

     1,200        64,417  

Japan Material Co. Ltd.(a)

     10,900        139,163  

MegaChips Corp.

     3,000        52,292  

Micronics Japan Co. Ltd.

     7,900        64,567  

Mimasu Semiconductor Industry Co. Ltd.

     4,627        61,440  

Mitsui High-Tec, Inc.(a)

     2,500        117,621  

Optorun Co. Ltd.

     9,300        134,413  

Shibaura Mechatronics Corp.

     1,600        103,354  

Tokyo Seimitsu Co. Ltd.

     12,500        367,888  

Ulvac, Inc.

     8,200        290,622  

Yamaichi Electronics Co. Ltd.

     10,300        127,233  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     1,586,732  
Software – 0.8%

 

Broadleaf Co. Ltd.(a)

     23,400        81,478  

Computer Engineering & Consulting Ltd.

     14,500        147,359  

Cresco Ltd.

     7,800        88,376  

Cybernet Systems Co. Ltd.

     16,700        104,299  

Fuji Soft, Inc.

     2,700        152,586  

Fukui Computer Holdings, Inc.

     2,400        56,126  

Miroku Jyoho Service Co. Ltd.

     9,700        96,635  

 

See Notes to Financial Statements.

 

74   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

Investments    Shares      Value  

Scala, Inc.(a)

     15,900      $ 73,489  

SRA Holdings(a)

     12,600        258,973  

Systena Corp.

     44,400        123,619  

WingArc1st, Inc.

     3,200        40,656  
     

 

 

 
Total Software

 

     1,223,596  
Specialty Retail – 3.4%

 

Adastria Co. Ltd.

     13,300        196,819  

Alleanza Holdings Co. Ltd.(a)

     16,500        111,942  

Alpen Co. Ltd.

     7,500        107,050  

Arclands Corp.(a)

     8,816        88,254  

Asahi Co. Ltd.

     13,300        120,003  

Autobacs Seven Co. Ltd.

     49,400        478,488  

Bic Camera, Inc.(a)

     27,300        233,308  

Chiyoda Co. Ltd.

     16,791        91,063  

DCM Holdings Co. Ltd.(a)

     45,145        367,098  

EDION Corp.(a)

     45,739        372,245  

Honeys Holdings Co. Ltd.

     16,300        136,936  

IDOM, Inc.

     11,100        66,641  

Joshin Denki Co. Ltd.(a)

     10,100        132,299  

Joyful Honda Co. Ltd.

     17,400        214,457  

K’s Holdings Corp.

     86,400        713,310  

Kohnan Shoji Co. Ltd.

     6,600        154,119  

Kojima Co. Ltd.

     14,300        62,240  

Komeri Co. Ltd.

     8,437        161,110  

Nafco Co. Ltd.(a)

     11,400        124,440  

Nextage Co. Ltd.

     3,600        78,096  

Nojima Corp.(a)

     17,200        160,182  

PAL GROUP Holdings Co. Ltd.

     8,100        131,451  

PC Depot Corp.(a)

     16,600        30,735  

T-Gaia Corp.(a)

     22,000        249,114  

VT Holdings Co. Ltd.

     46,800        153,904  

Xebio Holdings Co. Ltd.

     10,300        68,598  

Yellow Hat Ltd.

     23,400        290,025  
     

 

 

 
Total Specialty Retail

 

     5,093,927  
Technology Hardware, Storage & Peripherals – 1.3%

 

Eizo Corp.

     7,500        188,089  

Elecom Co. Ltd.(a)

     22,100        220,473  

Konica Minolta, Inc.(a)

     272,200        838,725  

MCJ Co. Ltd.

     27,900        191,404  

Riso Kagaku Corp.(a)

     7,300        117,914  

Roland DG Corp.

     3,900        80,131  

Toshiba TEC Corp.

     5,500        142,112  

Wacom Co. Ltd.

     33,611        165,100  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     1,943,948  
Textiles, Apparel & Luxury Goods – 1.0%

 

Baroque Japan Ltd.(a)

     16,300        88,513  

Fujibo Holdings, Inc.

     3,700        83,972  

Gunze Ltd.

     5,983        159,759  

Japan Wool Textile Co. Ltd.

     26,625        195,900  

Kurabo Industries Ltd.

     9,376        127,803  

Onward Holdings Co. Ltd.

     54,033        109,003  

Seiko Holdings Corp.(a)

     9,000        187,468  

Seiren Co. Ltd.(a)

     11,011        160,055  

Wacoal Holdings Corp.(a)

     10,500      155,601  

Yondoshi Holdings, Inc.(a)

     15,000        178,037  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     1,446,111  
Thrifts & Mortgage Finance – 0.1%

 

Aruhi Corp.(a)

     17,700        168,141  
Trading Companies & Distributors – 3.1%

 

Advan Group Co. Ltd.

     18,100        101,914  

Alconix Corp.

     8,200        74,553  

Chori Co. Ltd.

     9,800        129,926  

Daiichi Jitsugyo Co. Ltd.

     2,800        74,379  

Hanwa Co. Ltd.

     6,822        161,896  

Inaba Denki Sangyo Co. Ltd.

     19,488        367,155  

Inabata & Co. Ltd.(a)

     38,641        623,083  

Kamei Corp.

     13,800        101,728  

Kanamoto Co. Ltd.

     9,528        135,865  

Kanematsu Corp.

     32,400        319,422  

Kokusai Pulp & Paper Co. Ltd.

     33,300        165,183  

Nagase & Co. Ltd.

     29,604        403,119  

Nichiden Corp.

     7,200        86,204  

Nippon Steel Trading Corp.

     14,900        517,786  

Nishio Rent All Co. Ltd.

     7,300        143,937  

Onoken Co. Ltd.(a)

     19,300        188,540  

Sanyo Trading Co. Ltd.(a)

     18,000        128,585  

Sato Shoji Corp.

     11,100        86,809  

Shinsho Corp.

     5,100        130,015  

Trusco Nakayama Corp.

     7,800        107,345  

Wakita & Co. Ltd.

     18,400        147,586  

Yamazen Corp.

     19,006        119,489  

Yuasa Trading Co. Ltd.

     8,200        198,563  
     

 

 

 
Total Trading Companies & Distributors

 

     4,513,082  
Transportation Infrastructure – 0.7%

 

Kamigumi Co. Ltd.

     28,400        524,658  

Mitsubishi Logistics Corp.

     18,300        431,124  

Nissin Corp.

     8,700        104,283  
     

 

 

 
Total Transportation Infrastructure

 

     1,060,065  
Wireless Telecommunication Services – 0.3%

 

Okinawa Cellular Telephone Co.

     25,000        440,430  

TOTAL COMMON STOCKS

(Cost: $209,597,120)

 

 

     145,182,956  
EXCHANGE-TRADED FUND – 0.3%

 

United States – 0.3%

 

WisdomTree Japan Hedged Equity Fund(a)(b)
(Cost: $378,910)
     5,852        360,951  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 11.2%

 

United States – 11.2%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(c)

     
(Cost: $16,529,429)      16,529,429        16,529,429  

TOTAL INVESTMENTS IN SECURITIES – 109.7%

(Cost: $226,505,459)

 

 

     162,073,336  

Other Assets less Liabilities – (9.7)%

 

     (14,265,745
     

 

 

 
NET ASSETS – 100.0%

 

   $ 147,807,591  

 

See Notes to Financial Statements.

 

WisdomTree Trust      75  


Schedule of Investments (unaudited) (concluded)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $29,223,185 and the total market value of the collateral held by the Fund was $31,501,648. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $14,972,219.

 

(b)

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

INVESTMENT IN AFFILIATES

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2022 were as follows:

 

Affiliate   Value at
3/31/2022
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2022
    Dividend
Income
 

WisdomTree Japan Hedged Equity Fund

  $ 380,663     $ 681,007     $ 664,676     $ (10,979   $ (25,064   $ 360,951     $ 8,397  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

   $ 145,182,956      $      $      $ 145,182,956  

Exchange-Traded Fund

     360,951                      360,951  

Investment of Cash Collateral for Securities Loaned

            16,529,429               16,529,429  

Total Investments in Securities

   $ 145,543,907      $ 16,529,429      $      $ 162,073,336  

 

See Notes to Financial Statements.

 

76   WisdomTree Trust


Statements of Assets and Liabilities (unaudited)

WisdomTree Trust

September 30, 2022

 

 

 

      WisdomTree
Europe Quality
Dividend
Growth Fund
     WisdomTree
Europe SmallCap
Dividend Fund
     WisdomTree
International
AI Enhanced
Value Fund
     WisdomTree
International
Equity Fund
     WisdomTree
International
High Dividend
Fund
 

ASSETS:

 

Investments, at cost

   $ 65,006,677      $ 273,198,843      $ 99,644,883      $ 587,569,708      $ 224,193,864  

Investment in affiliates, at cost (Note 3)

                                 1,006,214  

Foreign currency, at cost

     13,596        299,818        99,880        331,558        207,664  

Investments in securities, at value1,2 (Note  2)

     50,005,465        183,523,421        75,121,998        538,229,515        188,497,634  

Investment in affiliates, at value (Note 3)

                                 940,888  

Cash

            82,651        131,493        332,685        102,165  

Foreign currency, at value

     13,725        301,558        102,611        333,497        204,370  

Unrealized appreciation on foreign currency contracts

     6                              

Receivables:

 

Investment securities sold3

            5,239,167                       

Dividends

     67,457        391,991        281,657        2,289,899        852,050  

Securities lending income

     771        21,003        1,166        12,217        4,544  

Foreign tax reclaims

     231,019        1,402,774        258,213        1,557,022        421,937  

Other (Note 6)

            1,041,898                       

Total Assets

     50,318,443        192,004,463        75,897,138        542,754,835        191,023,588  

LIABILITIES:

 

Due to custodian

     42,669                              

Unrealized depreciation on foreign currency contracts

     3                             449  

Payables:

 

Cash collateral received for securities loaned (Note 2)

     2,258,555        12,242,097        5,143,965        22,934,545        12,138,216  

Capital shares redeemed

            4,458,040                       

Advisory fees (Note 3)

     25,473        95,328        36,696        219,645        89,252  

Service fees (Note 2)

     193        725        279        2,013        680  

Other (Note 6)

            1,126,152                       

Total Liabilities

     2,326,893        17,922,342        5,180,940        23,156,203        12,228,597  

NET ASSETS

   $ 47,991,550      $ 174,082,121      $ 70,716,198      $ 519,598,632      $ 178,794,991  

NET ASSETS:

 

Paid-in capital

   $ 68,759,074      $ 528,551,276      $ 162,945,935      $ 740,015,329      $ 295,660,152  

Total distributable earnings (loss)

     (20,767,524      (354,469,155      (92,229,737      (220,416,697      (116,865,161

NET ASSETS

   $ 47,991,550      $ 174,082,121      $ 70,716,198      $ 519,598,632      $ 178,794,991  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     2,050,000        3,800,000        2,300,000        12,850,000        5,900,000  

Net asset value per share

   $ 23.41      $ 45.81      $ 30.75      $ 40.44      $ 30.30  

1 Includes market value of securities out on loan of:

   $ 2,562,655      $ 17,629,333      $ 5,140,305      $ 37,646,446      $ 15,973,125  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

3 Includes market value of securities out on loan, which were sold and pending settlement, of:

          $ 38,577             $ 33,463         

 

See Notes to Financial Statements.

 

WisdomTree Trust      77  


Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Trust

September 30, 2022

 

 

 

      WisdomTree
International
LargeCap
Dividend Fund
     WisdomTree
International
MidCap
Dividend Fund
     WisdomTree
International
Multifactor
Fund
     WisdomTree
International
Quality Dividend
Growth Fund
     WisdomTree
International
SmallCap
Dividend Fund
 

ASSETS:

 

Investments, at cost

   $ 394,845,446      $ 148,797,750      $ 33,172,425      $ 404,306,797      $ 1,374,504,808  

Investment in affiliates, at cost (Note 3)

     374,308                             25,394  

Foreign currency, at cost

     179,993        198,239        22,911        69,418        601,135  

Investments in securities, at value1,2 (Note  2)

     370,555,378        116,680,559        29,651,013        302,928,795        1,053,480,380  

Investment in affiliates, at value (Note 3)

     320,938                             24,532  

Cash

     32,288        4,469        15,167        120,033        603,068  

Foreign currency, at value

     183,346        200,796        23,068        69,543        603,638  

Unrealized appreciation on foreign currency contracts

                   405,257               93  

Receivables:

 

Investment securities sold3

                          9,050,803        1,777,612  

Capital shares sold

     39,329,244        40               108         

Dividends

     1,029,532        726,894        136,554        717,630        7,414,490  

Securities lending income

     2,641        3,856        484        6,612        81,214  

Foreign tax reclaims

     1,311,932        220,382        63,652        629,788        2,715,258  

Other (Note 6)

                                 552,261  

Total Assets

     412,765,299        117,836,996        30,295,195        313,523,312        1,067,252,546  

LIABILITIES:

 

Unrealized depreciation on foreign currency contracts

     2               367               1,938  

Payables:

 

Cash collateral received for securities loaned (Note 2)

     13,699,853        7,829,192        2,026,682        14,043,325        66,358,728  

Investment securities purchased

     38,594,048                              

Capital shares redeemed

                          9,272,610         

Advisory fees (Note 3)

     132,856        56,179        9,319        105,506        512,123  

Service fees (Note 2)

     1,219        426        108        1,105        3,901  

Other (Note 6)

                                 165,678  

Total Liabilities

     52,427,978        7,885,797        2,036,476        23,422,546        67,042,368  

NET ASSETS

   $ 360,337,321      $ 109,951,199      $ 28,258,719      $ 290,100,766      $ 1,000,210,178  

NET ASSETS:

 

Paid-in capital

   $ 492,429,687      $ 172,249,462      $ 33,798,354      $ 398,019,066      $ 1,554,045,722  

Total distributable earnings (loss)

     (132,092,366      (62,298,263      (5,539,635      (107,918,300      (553,835,544

NET ASSETS

   $ 360,337,321      $ 109,951,199      $ 28,258,719      $ 290,100,766      $ 1,000,210,178  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     9,600,000        2,300,000        1,300,000        10,950,000        19,400,000  

Net asset value per share

   $ 37.54      $ 47.80      $ 21.74      $ 26.49      $ 51.56  

1 Includes market value of securities out on loan of:

   $ 18,415,945      $ 14,218,992      $ 2,591,281      $ 15,795,748      $ 127,985,825  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

3 Includes market value of securities out on loan, which were sold and pending settlement, of:

                               $ 4,524  

 

See Notes to Financial Statements.

 

78   WisdomTree Trust


Statements of Assets and Liabilities (unaudited) (concluded)

WisdomTree Trust

September 30, 2022

 

 

 

      WisdomTree
Japan SmallCap
Dividend Fund
 

ASSETS:

 

Investments, at cost

   $ 226,126,549  

Investment in affiliates, at cost (Note 3)

     378,910  

Foreign currency, at cost

     82,216  

Investments in securities, at value1,2 (Note 2)

     161,712,385  

Investment in affiliates, at value (Note 3)

     360,951  

Cash

     67,376  

Foreign currency, at value

     81,597  

Receivables:

 

Investment securities sold

     226,605  

Dividends

     1,688,651  

Securities lending income

     5,768  

Foreign tax reclaims

     267,789  

Total Assets

     164,411,122  

LIABILITIES:

 

Payables:

  

Cash collateral received for securities loaned (Note 2)

     16,529,429  

Advisory fees (Note 3)

     73,545  

Service fees (Note 2)

     557  

Total Liabilities

     16,603,531  

NET ASSETS

   $ 147,807,591  

NET ASSETS:

 

Paid-in capital

   $ 316,092,899  

Total distributable earnings (loss)

     (168,285,308

NET ASSETS

   $ 147,807,591  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     2,600,000  

Net asset value per share

   $ 56.85  

1 Includes market value of securities out on loan of:

   $ 29,223,185  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

 

See Notes to Financial Statements.

 

WisdomTree Trust      79  


Statements of Operations (unaudited)

WisdomTree Trust

For the Six Months Ended September 30, 2022

 

 

 

      WisdomTree
Europe Quality
Dividend
Growth Fund
     WisdomTree
Europe SmallCap
Dividend Fund
     WisdomTree
International
AI Enhanced
Value Fund
     WisdomTree
International
Equity Fund
     WisdomTree
International
High Dividend
Fund
 

INVESTMENT INCOME:

 

Dividends

   $ 1,519,577      $ 9,571,805      $ 3,005,197      $ 17,689,394      $ 7,114,001  

Dividends from affiliates (Note 3)

            57,688                      87,261  

Non-cash dividends

     8,860        1,292,748               2,388,786        1,365,800  

Securities lending income, net (Note 2)

     13,310        159,371        24,333        150,135        62,620  

Other income (Note 6)

            1,317,848        15,938        93,905         

Less:

 

Foreign withholding taxes on dividends

     (164,405      (1,095,027      (277,688      (1,503,246      (530,795

IRS closing agreement fee (Note 6)

            (335,270                     

Total investment income

     1,377,342        10,969,163        2,767,780        18,818,974        8,098,887  

EXPENSES:

 

Advisory fees (Note 3)

     191,061        704,128        282,865        1,418,697        561,826  

Service fees (Note 2)

     1,449        5,342        2,146        13,005        4,263  

Other expenses (Note 6)

            284,775        4,242        24,141         

Total expenses

     192,510        994,245        289,253        1,455,843        566,089  

Expense waivers (Note 3)

            (1,414                    (1,527

Net expenses

     192,510        992,831        289,253        1,455,843        564,562  

Net investment income

     1,184,832        9,976,332        2,478,527        17,363,131        7,534,325  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

     (478,421      (386,751      (7,691,449      (1,860,281      (266,193

Investment transactions in affiliates (Note 3)

            (433,666                    (526,494

In-kind redemptions

     553,682        (2,534,418      (1,186,933              

Foreign currency contracts

     (4,456      (52,587      49,777        (82,266      (7,182

Foreign currency related transactions

     (33,892      (114,319      (176,195      (506,206      (184,205

Net realized gain (loss)

     36,913        (3,521,741      (9,004,800      (2,448,753      (984,074

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions

     (18,691,442      (86,073,231      (15,535,836      (154,718,011      (51,037,303

Investment transactions in affiliates (Note 3)

            9,435                      (87,108

Foreign currency contracts

     3        1,855        650        (10      (324

Translation of assets and liabilities denominated in foreign currencies

     (21,192      (532,589      (31,984      (189,883      (56,161

Net decrease in unrealized appreciation/depreciation

     (18,712,631      (86,594,530      (15,567,170      (154,907,904      (51,180,896

Net realized and unrealized loss on investments

     (18,675,718      (90,116,271      (24,571,970      (157,356,657      (52,164,970

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ (17,490,886    $ (80,139,939    $ (22,093,443    $ (139,993,526    $ (44,630,645

 

See Notes to Financial Statements.

 

80   WisdomTree Trust


Statements of Operations (unaudited) (continued)

WisdomTree Trust

For the Six Months Ended September 30, 2022

 

 

 

      WisdomTree
International
LargeCap
Dividend Fund
     WisdomTree
International
MidCap
Dividend Fund
     WisdomTree
International
Multifactor
Fund
     WisdomTree
International
Quality Dividend
Growth Fund
     WisdomTree
International
SmallCap
Dividend Fund
 

INVESTMENT INCOME:

 

Dividends

   $ 10,499,614      $ 3,977,773      $ 875,026      $ 7,466,657      $ 39,685,013  

Dividends from affiliates (Note 3)

     18,410                             272,942  

Non-cash dividends

     1,924,820        24,115        15,431        2,082,081        1,752,273  

Securities lending income, net (Note 2)

     66,421        60,084        23,100        53,730        521,480  

Other income (Note 6)

                                 997,645  

Less: Foreign withholding taxes on dividends

     (832,231      (398,846      (62,248      (640,915      (3,651,275

Total investment income

     11,677,034        3,663,126        851,309        8,961,553        39,578,078  

EXPENSES:

 

Advisory fees (Note 3)

     852,030        362,731        59,629        669,689        3,413,380  

Service fees (Note 2)

     7,809        2,751        690        7,016        25,895  

Other expenses (Note 6)

                                 225,030  

Total expenses

     859,839        365,482        60,319        676,705        3,664,305  

Expense waivers (Note 3)

     (498                           (11,634

Net expenses

     859,341        365,482        60,319        676,705        3,652,671  

Net investment income

     10,817,693        3,297,644        790,990        8,284,848        35,925,407  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

     (1,139,504      (945,667      (1,933,601      (700,259      (1,265,122

Investment transactions in affiliates (Note 3)

     (127,822                           (2,385,738

In-kind redemptions

                   (5,665      2,370,645        (505,545

Foreign currency contracts

     (45,775      (12,668      2,286,777        (58,399      (54,367

Foreign currency related transactions

     (280,279      (117,763      (32,488      (166,464      (963,056

Net realized gain (loss)

     (1,593,380      (1,076,098      315,023        1,445,523        (5,173,828

Net increase (decrease) in unrealized appreciation/depreciation:

              

Investment transactions

     (90,174,395      (35,662,247      (5,384,165      (108,273,261      (331,451,753

Investment transactions in affiliates (Note 3)

     (53,370                           227,038  

Foreign currency contracts

     (2             340,711               (3,554

Translation of assets and liabilities denominated in foreign currencies

     (127,735      (24,176      (7,749      (70,817      (672,280

Net decrease in unrealized appreciation/depreciation

     (90,355,502      (35,686,423      (5,051,203      (108,344,078      (331,900,549

Net realized and unrealized loss on investments

     (91,948,882      (36,762,521      (4,736,180      (106,898,555      (337,074,377

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ (81,131,189    $ (33,464,877    $ (3,945,190    $ (98,613,707    $ (301,148,970

 

See Notes to Financial Statements.

 

WisdomTree Trust      81  


Statements of Operations (unaudited) (concluded)

WisdomTree Trust

For the Six Months Ended September 30, 2022

 

 

 

      WisdomTree
Japan SmallCap
Dividend Fund
 

INVESTMENT INCOME:

  

Dividends

   $ 2,681,027  

Dividends from affiliates (Note 3)

     8,397  

Securities lending income, net (Note 2)

     21,533  

Less: Foreign withholding taxes on dividends

     (273,043

Total investment income

     2,437,914  

EXPENSES:

 

Advisory fees (Note 3)

     547,387  

Service fees (Note 2)

     4,153  

Total expenses

     551,540  

Expense waivers (Note 3)

     (307

Net expenses

     551,233  

Net investment income

     1,886,681  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized loss from:

 

Investment transactions

     (647,712

Investment transactions in affiliates (Note 3)

     (10,979

In-kind redemptions

     (5,046,679

Foreign currency contracts

     2,432  

Foreign currency related transactions

     (375,254

Net realized loss

     (6,078,192

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions

     (22,225,211

Investment transactions in affiliates (Note 3)

     (25,064

Foreign currency contracts

     704  

Translation of assets and liabilities denominated in foreign currencies

     (40,638

Net decrease in unrealized appreciation/depreciation

     (22,290,209

Net realized and unrealized loss on investments

     (28,368,401

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ (26,481,720

 

See Notes to Financial Statements.

 

82   WisdomTree Trust


Statements of Changes in Net Assets

WisdomTree Trust

 

 

 

 

    

WisdomTree Europe Quality

Dividend Growth Fund

   

WisdomTree Europe SmallCap

Dividend Fund

   

WisdomTree International AI

Enhanced Value Fund

 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 1,184,832     $ 1,962,084     $ 9,976,332     $ 9,068,092     $ 2,478,527     $ 7,150,496  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

    36,913       1,586,007       (3,521,741     49,203,140       (9,004,800     12,748,134  

Net decrease in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (18,712,631     (2,620,967     (86,594,530     (57,010,630     (15,567,170     (18,626,236

Net increase (decrease) in net assets resulting from operations

    (17,490,886     927,124       (80,139,939     1,260,602       (22,093,443     1,272,394  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (1,250,750     (1,969,811     (10,747,500     (8,828,002     (2,893,500     (7,009,725

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    4,625,099       26,532,909             11,158,363             86,530,850  

Cost of shares redeemed

    (10,238,267           (30,836,132     (18,012,335     (25,878,698     (103,559,834

Net increase (decrease) in net assets resulting from capital share transactions

    (5,613,168     26,532,909       (30,836,132     (6,853,972     (25,878,698     (17,028,984

Net Increase (Decrease) in Net Assets

    (24,354,804     25,490,222       (121,723,571     (14,421,372     (50,865,641     (22,766,315

NET ASSETS:

 

Beginning of period

  $ 72,346,354     $ 46,856,132     $ 295,805,692     $ 310,227,064     $ 121,581,839     $ 144,348,154  

End of period

  $ 47,991,550     $ 72,346,354     $ 174,082,121     $ 295,805,692     $ 70,716,198     $ 121,581,839  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    2,300,000       1,500,000       4,350,000       4,450,000       3,000,000       3,400,000  

Shares created

    150,000       800,000             150,000             2,000,000  

Shares redeemed

    (400,000           (550,000     (250,000     (700,000     (2,400,000

Shares outstanding, end of period

    2,050,000       2,300,000       3,800,000       4,350,000       2,300,000       3,000,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      83  


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     WisdomTree International Equity Fund     WisdomTree International High
Dividend Fund
    WisdomTree International LargeCap
Dividend Fund
 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 17,363,131     $ 22,049,629     $ 7,534,325     $ 8,707,341     $ 10,817,693     $ 13,317,196  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

    (2,448,753     5,959,349       (984,074     2,422,107       (1,593,380     4,648,519  

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (154,907,904     415,707       (51,180,896     660,813       (90,355,502     7,274,413  

Net increase (decrease) in net assets resulting from operations

    (139,993,526     28,424,685       (44,630,645     11,790,261       (81,131,189     25,240,128  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (18,028,250     (22,558,337     (7,703,500     (8,671,887     (11,144,000     (13,525,175

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    43,192,061       64,690,387       29,494,946       21,973,614       70,805,517       24,586,877  

Cost of shares redeemed

          (38,753,146           (6,142,830           (7,211,803

Net increase in net assets resulting from capital share transactions

    43,192,061       25,937,241       29,494,946       15,830,784       70,805,517       17,375,074  

Net Increase (Decrease) in Net Assets

    (114,829,715     31,803,589       (22,839,199     18,949,158       (21,469,672     29,090,027  

NET ASSETS:

 

Beginning of period

  $ 634,428,347     $ 602,624,758     $ 201,634,190     $ 182,685,032     $ 381,806,993     $ 352,716,966  

End of period

  $ 519,598,632     $ 634,428,347     $ 178,794,991     $ 201,634,190     $ 360,337,321     $ 381,806,993  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    11,950,000       11,450,000       5,050,000       4,650,000       7,800,000       7,450,000  

Shares created

    900,000       1,250,000       850,000       550,000       1,800,000       500,000  

Shares redeemed

          (750,000           (150,000           (150,000

Shares outstanding, end of period

    12,850,000       11,950,000       5,900,000       5,050,000       9,600,000       7,800,000  

 

See Notes to Financial Statements.

 

84   WisdomTree Trust


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

    

WisdomTree International MidCap

Dividend Fund

   

WisdomTree International

Multifactor Fund

   

WisdomTree International Quality

Dividend Growth Fund

 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 3,297,644     $ 5,409,875     $ 790,990     $ 1,104,597     $ 8,284,848     $ 9,409,991  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

    (1,076,098     5,632,037       315,023       2,276,857       1,445,523       9,097,988  

Net decrease in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (35,686,423     (10,864,182     (5,051,203     (2,159,096     (108,344,078     (21,788,396

Net increase (decrease) in net assets resulting from operations

    (33,464,877     177,730       (3,945,190     1,222,358       (98,613,707     (3,280,417

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (3,442,000     (5,307,913     (682,500     (1,281,800     (8,620,500     (8,948,267

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    11,005,334                         53,265,648       236,774,497  

Cost of shares redeemed

          (3,421,536           (5,192,465     (29,670,385     (41,113,302

Net increase (decrease) in net assets resulting from capital share transactions

    11,005,334       (3,421,536           (5,192,465     23,595,263       195,661,195  

Net Increase (Decrease) in Net Assets

    (25,901,543     (8,551,719     (4,627,690     (5,251,907     (83,638,944     183,432,511  

NET ASSETS:

 

Beginning of period

  $ 135,852,742     $ 144,404,461     $ 32,886,409     $ 38,138,316     $ 373,739,710     $ 190,307,199  

End of period

  $ 109,951,199     $ 135,852,742     $ 28,258,719     $ 32,886,409     $ 290,100,766     $ 373,739,710  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    2,100,000       2,150,000       1,300,000       1,500,000       10,150,000       5,150,000  

Shares created

    200,000                         1,800,000       6,050,000  

Shares redeemed

          (50,000           (200,000     (1,000,000     (1,050,000

Shares outstanding, end of period

    2,300,000       2,100,000       1,300,000       1,300,000       10,950,000       10,150,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      85  


Statements of Changes in Net Assets (concluded)

WisdomTree Trust

 

 

 

 

      WisdomTree International SmallCap Dividend
Fund
    

WisdomTree Japan SmallCap

Dividend Fund

 
      For the
Six Months Ended
September 30, 2022
(unaudited)
     For the
Year Ended
March 31, 2022
     For the
Six Months Ended
September 30, 2022
(unaudited)
     For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

   $ 35,925,407      $ 44,202,057      $ 1,886,681      $ 5,176,789  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

     (5,173,828      151,859,396        (6,078,192      (457,146

Net decrease in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (331,900,549      (202,257,174      (22,290,209      (29,534,772

Net decrease in net assets resulting from operations

     (301,148,970      (6,195,721      (26,481,720      (24,815,129

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (40,867,750      (47,038,894      (3,186,262      (4,540,106

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

     20,739,521        381,404,109               70,804,885  

Cost of shares redeemed

     (8,875,297      (401,325,182      (35,672,780      (18,441,877

Net increase (decrease) in net assets resulting from capital share transactions

     11,864,224        (19,921,073      (35,672,780      52,363,008  

Net Increase (Decrease) in Net Assets

     (330,152,496      (73,155,688      (65,340,762      23,007,773  

NET ASSETS:

 

Beginning of period

   $ 1,330,362,674      $ 1,403,518,362      $ 213,148,353      $ 190,140,580  

End of period

   $ 1,000,210,178      $ 1,330,362,674      $ 147,807,591      $ 213,148,353  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     19,200,000        19,450,000        3,200,000        2,500,000  

Shares created

     350,000        5,050,000               950,000  

Shares redeemed

     (150,000      (5,300,000      (600,000      (250,000

Shares outstanding, end of period

     19,400,000        19,200,000        2,600,000        3,200,000  

 

 

See Notes to Financial Statements.

 

86   WisdomTree Trust


Financial Highlights

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Europe Quality
Dividend Growth Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Period Ended
March 31, 2019
    For the
Period Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 31.45     $ 31.24     $ 22.13     $ 25.06     $ 26.24     $ 23.17  

Investment operations:

           

Net investment income1

    0.50       1.08       0.66       0.62       0.61       0.53  

Net realized and unrealized gain (loss)

    (8.00     0.21 2      9.10       (2.93     (1.05     2.94  

Total from investment operations

    (7.50     1.29 2      9.76       (2.31     (0.44     3.47  

Dividends to shareholders:

           

Net investment income

    (0.54     (1.08     (0.65     (0.62     (0.74     (0.40

Net asset value, end of period

  $ 23.41     $ 31.45     $ 31.24     $ 22.13     $ 25.06     $ 26.24  

TOTAL RETURN3

    (23.99 )%      4.02     44.43     (9.46 )%      (1.62 )%      15.03

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 47,992     $ 72,346     $ 46,856     $ 25,450     $ 41,342     $ 72,163  

Ratios to average net assets of:

           

Expenses

    0.58 %4,5      0.59 %5      0.58     0.58     0.58     0.58

Net investment income

    3.60 %4      3.26     2.37     2.42     2.41     2.02

Portfolio turnover rate6

    3     53     61     43     42     18

 

WisdomTree Europe SmallCap
Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 68.00     $ 69.71     $ 41.06     $ 58.54     $ 69.55     $ 59.16  

Investment operations:

           

Net investment income1

    2.41       2.03       1.31       2.43       2.57       1.88  

Net realized and unrealized gain (loss)

    (22.00     (1.79     28.62       (17.41     (10.87     10.39  

Total from investment operations

    (19.59     0.24       29.93       (14.98     (8.30     12.27  

Dividends to shareholders:

           

Net investment income

    (2.60     (1.95     (1.28     (2.50     (2.71     (1.88

Net asset value, end of period

  $ 45.81     $ 68.00     $ 69.71     $ 41.06     $ 58.54     $ 69.55  

TOTAL RETURN3

    (29.32 )%      0.18     73.76     (26.54 )%      (12.19 )%      20.94

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 174,082     $ 295,806     $ 310,227     $ 320,231     $ 667,402     $ 1,224,082  

Ratios to average net assets7 of:

           

Expenses8

    0.70 %4,5      0.73 %5      0.58     0.58     0.58     0.58

Net investment income

    7.79 %4      2.77     2.39     4.15     4.06     2.76

Portfolio turnover rate6

    8     68     92     50     52     33
1 

Based on average shares outstanding.

 

2 

The amount per share does not correspond with the amount reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees for the WisdomTree Europe SmallCap Dividend Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

Annualized.

 

5 

Included in the expense ratio are “Other fees” described in Note 6 (which are not annualized for the fiscal period ended September 30, 2022). Without these expenses, the expense ratio would have been 0.58%.

 

6 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

7 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

8 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

See Notes to Financial Statements.

 

WisdomTree Trust      87  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree International AI
Enhanced Value Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 20221
    For the
Year Ended
March 31, 20211
    For the
Year Ended
March 31, 20201
    For the
Year Ended
March 31, 20191
    For the
Year Ended
March 31, 20181
 

Net asset value, beginning of period

  $ 40.53     $ 42.46     $ 31.66     $ 41.19     $ 43.18     $ 39.72  

Investment operations:

           

Net investment income2

    0.94       2.14       1.64       1.69       1.74       1.58  

Net realized and unrealized gain (loss)

    (9.59     (1.98     10.78       (9.52     (1.98     3.45  

Total from investment operations

    (8.65     0.16       12.42       (7.83     (0.24     5.03  

Dividends to shareholders:

           

Net investment income

    (1.13     (2.09     (1.62     (1.70     (1.75     (1.57

Net asset value, end of period

  $ 30.75     $ 40.53     $ 42.46     $ 31.66     $ 41.19     $ 43.18  

TOTAL RETURN3

    (21.61 )%      0.30     39.87     (19.77 )%      (0.49 )%      12.84

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 70,716     $ 121,582     $ 144,348     $ 106,061     $ 179,189     $ 198,646  

Ratios to average net assets of:

           

Expenses4

    0.59 %5,12      0.58 %6,7      0.58 %7      0.58 %7      0.58 %7      0.58 %7 

Net investment income

    5.07 %5      5.03 %7      4.34 %7      4.17 %7      4.17 %7      3.73 %7 

Portfolio turnover rate8

    83     99 %9,10      61     45     41     35

 

WisdomTree International Equity
Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 53.09     $ 52.63     $ 39.65     $ 50.59     $ 54.63     $ 49.57  

Investment operations:

           

Net investment income2

    1.39       1.94       1.47       1.69       1.86       1.70  

Net realized and unrealized gain (loss)

    (12.59     0.50       12.99       (10.88     (3.98     4.98  

Total from investment operations

    (11.20     2.44       14.46       (9.19     (2.12     6.68  

Dividends to shareholders:

           

Net investment income

    (1.45     (1.98     (1.48     (1.75     (1.92     (1.62

Net asset value, end of period

  $ 40.44     $ 53.09     $ 52.63     $ 39.65     $ 50.59     $ 54.63  

TOTAL RETURN3

    (21.32 )%      4.62     36.92     (18.80 )%      (3.89 )%      13.61

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 519,599     $ 634,428     $ 602,625     $ 580,910     $ 837,260     $ 914,993  

Ratios to average net assets of:

           

Expenses4

    0.49 %5,12      0.49 %7,11      0.48 %7      0.48 %7      0.48 %7      0.48 %7 

Net investment income

    5.86 %5      3.58 %7      3.13 %7      3.36 %7      3.59 %7      3.15 %7 

Portfolio turnover rate8

    3     31     47     23     15     19
1 

The information reflects the investment objective and strategy of the WisdomTree International Dividend ex-Financials Fund through January 17, 2022 and the investment objective and strategy of the WisdomTree International AI Enhanced Value Fund thereafter.

 

2 

Based on average shares outstanding.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

5 

Annualized.

 

6 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been unchanged.

 

7 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

8 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

9 

The increase in the portfolio turnover rate was primarily a result of the change in investment objective and strategy on January 18, 2022.

 

10 

On January 7, 2022, Voya Investment Management Co., LLC replaced Mellon Investments Corporation as sub-advisor to the Fund.

 

11 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.48%.

 

12 

Included in the expense ratio are “Other fees” described in Note 6 (which are not annualized). Without these expenses, the expense ratio would have been 0.58% for the WisdomTree International AI Enhanced Value Fund and 0.48% for the WisdomTree International Equity Fund.

 

See Notes to Financial Statements.

 

88   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree International High
Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 39.93     $ 39.29     $ 29.53     $ 40.30     $ 43.25     $ 40.39  

Investment operations:

           

Net investment income1

    1.39       1.90       1.54       1.65       1.78       1.66  

Net realized and unrealized gain (loss)

    (9.62     0.63       9.73       (10.75     (2.89     2.79  

Total from investment operations

    (8.23     2.53       11.27       (9.10     (1.11     4.45  

Dividends to shareholders:

           

Net investment income

    (1.40     (1.89     (1.51     (1.67     (1.84     (1.59

Net asset value, end of period

  $ 30.30     $ 39.93     $ 39.29     $ 29.53     $ 40.30     $ 43.25  

TOTAL RETURN2

    (20.90 )%      6.61     38.88     (23.48 )%      (2.53 )%      11.12

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 178,795     $ 201,634     $ 182,685     $ 174,236     $ 251,852     $ 335,180  

Ratios to average net assets3 of:

           

Expenses4

    0.58 %5      0.59 %6      0.58     0.58     0.58     0.58

Net investment income

    7.78 %5      4.80     4.43     4.18     4.32     3.83

Portfolio turnover rate7

    4     40     57     34     24     26

 

WisdomTree International Large
Cap Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 48.95     $ 47.34     $ 36.81     $ 46.37     $ 49.48     $ 45.45  

Investment operations:

           

Net investment income1

    1.33       1.79       1.42       1.56       1.81       1.62  

Net realized and unrealized gain (loss)

    (11.36     1.63       10.55       (9.52     (3.09     3.97  

Total from investment operations

    (10.03     3.42       11.97       (7.96     (1.28     5.59  

Dividends to shareholders:

           

Net investment income

    (1.38     (1.81     (1.44     (1.60     (1.83     (1.56

Net asset value, end of period

  $ 37.54     $ 48.95     $ 47.34     $ 36.81     $ 46.37     $ 49.48  

TOTAL RETURN2

    (20.71 )%      7.27     32.91     (17.78 )%      (2.55 )%      12.41

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 360,337     $ 381,807     $ 352,717     $ 327,622     $ 389,510     $ 442,860  

Ratios to average net assets3 of:

           

Expenses4

    0.48 %5      0.49 %8      0.48     0.48     0.48     0.48

Net investment income

    6.09 %5      3.63     3.33     3.38     3.83     3.30

Portfolio turnover rate7

    1     30     38     14     14     16
1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

5 

Annualized.

 

6 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.58%.

 

7 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

8 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.48%.

 

See Notes to Financial Statements.

 

WisdomTree Trust      89  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree International Midcap
Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 64.69     $ 67.16     $ 47.06     $ 61.98     $ 68.12     $ 59.88  

Investment operations:

           

Net investment income1

    1.52       2.54       1.51       2.03       2.00       1.84  

Net realized and unrealized gain (loss)

    (16.83     (2.53     20.12       (14.87     (6.17     8.17  

Total from investment operations

    (15.31     0.01       21.63       (12.84     (4.17     10.01  

Dividends to shareholders:

           

Net investment income

    (1.58     (2.48     (1.53     (2.08     (1.97     (1.77

Net asset value, end of period

  $ 47.80     $ 64.69     $ 67.16     $ 47.06     $ 61.98     $ 68.12  

TOTAL RETURN2

    (23.93 )%      (0.13 )%      46.54     (21.43 )%      (6.16 )%      16.87

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 109,951     $ 135,853     $ 144,404     $ 169,413     $ 278,924     $ 286,089  

Ratios to average net assets of:

           

Expenses

    0.58 %3      0.59 %4      0.58     0.58     0.58 %5,6      0.58 %5,6 

Net investment income

    5.27 %3      3.75     2.63     3.30     3.12 %5      2.76 %5 

Portfolio turnover rate7

    4     44     62     33     28     23

 

WisdomTree International Multifactor Fund   For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the Period
August 10, 2018*
through
March 31, 2019
 

Net asset value, beginning of period

  $ 25.30     $ 25.43     $ 20.88     $ 24.72     $ 24.75  

Investment operations:

         

Net investment income1

    0.61       0.79       0.59       0.75       0.55  

Net realized and unrealized gain (loss)

    (3.64     0.00 8      4.53       (3.88     (0.27

Total from investment operations

    (3.03     0.79       5.12       (3.13     0.28  

Dividends to shareholders:

         

Net investment income

    (0.53     (0.92     (0.57     (0.71     (0.31

Net asset value, end of period

  $ 21.74     $ 25.30     $ 25.43     $ 20.88     $ 24.72  

TOTAL RETURN2

    (12.09 )%      3.03     24.70     (13.08 )%      1.18

RATIOS/SUPPLEMENTAL DATA:

         

Net assets, end of period (000’s omitted)

  $ 28,259     $ 32,886     $ 38,138     $ 33,408     $ 19,778  

Ratios to average net assets of:

         

Expenses

    0.38 %3      0.39 %9      0.38     0.38 %5,6      0.38 %3 

Net investment income

    5.04 %3      3.01     2.47     3.04 %5      3.61 %3 

Portfolio turnover rate7

    46     105     123     132     114
* 

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

Annualized.

 

4 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.58%.

 

5 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

6 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

7 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

8 

Amount represents less than $0.005.

 

9 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.38%.

 

See Notes to Financial Statements.

 

90   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree International Quality
Dividend Growth Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Period Ended
March 31, 2019
    For the
Period Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 36.82     $ 36.95     $ 25.87     $ 28.62     $ 30.50     $ 26.14  

Investment operations:

           

Net investment income1

    0.82       1.22       0.91       0.70       0.58       0.65  

Net realized and unrealized gain (loss)

    (10.29     (0.27 )2      10.98       (2.77     (1.95     4.12  

Total from investment operations

    (9.47     0.95 2      11.89       (2.07     (1.37     4.77  

Dividends to shareholders:

           

Net investment income

    (0.86     (1.08     (0.81     (0.68     (0.51     (0.41

Net asset value, end of period

  $ 26.49     $ 36.82     $ 36.95     $ 25.87     $ 28.62     $ 30.50  

TOTAL RETURN3

    (25.89 )%      2.46     46.22     (7.43 )%      (4.43 )%      18.33

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 290,101     $ 373,740     $ 190,307     $ 68,551     $ 71,541     $ 24,396  

Ratios to average net assets of:

           

Expenses, net of expense waivers

    0.42 %4      0.42     0.41 %5      0.38 %6      0.38 %6      0.38 %6 

Expenses, prior to expense waivers

    0.42 %4      0.42     0.44     0.48     0.48     0.48

Net investment income

    5.20 %4      3.16     2.73     2.38     2.05     2.18

Portfolio turnover rate7

    1     63     66     51     55     39

 

WisdomTree International SmallCap
Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 69.29     $ 72.16     $ 48.29     $ 65.74     $ 75.80     $ 65.18  

Investment operations:

           

Net investment income1

    1.87       2.27       1.55       2.36       2.19       2.07  

Net realized and unrealized gain (loss)

    (17.46     (2.72     23.97       (17.32     (10.01     10.76  

Total from investment operations

    (15.59     (0.45     25.52       (14.96     (7.82     12.83  

Dividends to shareholders:

           

Net investment income

    (2.14     (2.42     (1.65     (2.49     (2.24     (2.21

Net asset value, end of period

  $ 51.56     $ 69.29     $ 72.16     $ 48.29     $ 65.74     $ 75.80  

TOTAL RETURN3

    (22.76 )%      (0.79 )%      53.46     (23.58 )%      (10.41 )%      19.91

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 1,000,210     $ 1,330,363     $ 1,403,518     $ 1,161,439     $ 1,673,095     $ 1,940,467  

Ratios to average net assets8 of:

           

Expenses9

    0.60 %4,11      0.61 %10      0.58     0.58     0.58     0.58

Net investment income

    6.04 %4      3.08     2.54     3.63     3.15     2.83

Portfolio turnover rate7

    5     55     74     50     35     28
1 

Based on average shares outstanding.

 

2 

The amount per share does not correspond with the amount reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

Annualized.

 

5 

The investment advisor had contractually agreed to limit the advisory fee to 0.38% through July 31, 2020. On July 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.42%.

 

6 

Effective April 7, 2016, the investment advisor contractually agreed to limit the advisory fee to 0.38% through July 31, 2020, unless earlier terminated by the Board of Trustees of the Trust.

 

7 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

8 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

9 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

10 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.58%.

 

11 

Included in the expense ratio are “Other fees” described in Note 6 (which are not annualized). Without these expenses, the expense ratio would have been 0.58%.

 

See Notes to Financial Statements.

 

WisdomTree Trust      91  


Financial Highlights (concluded)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Japan SmallCap
Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 66.61     $ 76.06     $ 58.64     $ 68.10     $ 80.93     $ 66.48  

Investment operations:

           

Net investment income1

    0.61       1.71       1.17       1.14       1.00       1.47  

Net realized and unrealized gain (loss)

    (9.37     (9.68     18.13       (8.95     (12.61     14.27  

Total from investment operations

    (8.76     (7.97     19.30       (7.81     (11.61     15.74  

Dividends to shareholders:

           

Net investment income

    (1.00     (1.48     (1.88     (1.65     (1.22     (1.29

Net asset value, end of period

  $ 56.85     $ 66.61     $ 76.06     $ 58.64     $ 68.10     $ 80.93  

TOTAL RETURN2

    (13.21 )%      (10.62 )%      33.27     (11.85 )%      (14.38 )%      23.84

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 147,808     $ 213,148     $ 190,141     $ 237,503     $ 616,294     $ 1,100,591  

Ratios to average net assets3 of:

           

Expenses4

    0.58 %5      0.58     0.58     0.58     0.58     0.58

Net investment income

    2.00 %5      2.34     1.73     1.67     1.35     1.94

Portfolio turnover rate6

    2     36     43     38     42     18
1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

5 

Annualized.

 

6 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

See Notes to Financial Statements.

 

92   WisdomTree Trust


Notes to Financial Statements (unaudited)

 

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust on December 15, 2005 and is authorized to have multiple series of portfolios (each a “Fund”, collectively, the “Funds”). These notes relate only to the Funds listed below. In accordance with Accounting Standards Codification Topic 946, Financial Services-Investment Companies, each Fund listed below qualifies as an investment company and is applying the accounting and reporting guidance for investment companies.

 

   
Fund    Commencement
of Operations
 

WisdomTree Europe Quality Dividend Growth Fund (“Europe Quality Dividend Growth Fund’’)

     May 7, 2014  

WisdomTree Europe SmallCap Dividend Fund (“Europe SmallCap Dividend Fund’’)

     June 16, 2006  

WisdomTree International AI Enhanced Value Fund (“International AI Enhanced Value Fund’’)

     June 16, 2006  

WisdomTree International Equity Fund (“International Equity Fund’’)

     June 16, 2006  

WisdomTree International High Dividend Fund (“International High Dividend Fund’’)

     June 16, 2006  

WisdomTree International LargeCap Dividend Fund (“International LargeCap Dividend Fund’’)

     June 16, 2006  

WisdomTree International MidCap Dividend Fund (“International MidCap Dividend Fund’’)

     June 16, 2006  

WisdomTree International Multifactor Fund (“International Multifactor Fund’’)

     August 10, 2018  

WisdomTree International Quality Dividend Growth Fund (“International Quality Dividend Growth Fund’’)

     April 7, 2016  

WisdomTree International SmallCap Dividend Fund (“International SmallCap Dividend Fund’’)

     June 16, 2006  

WisdomTree Japan SmallCap Dividend Fund (“Japan SmallCap Dividend Fund’’)

     June 16, 2006  

Each Fund, except for the International AI Enhanced Value Fund and International Multifactor Fund, seeks to track the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree, Inc. (“WisdomTree’’) or an Index developed by a third party. The International AI Enhanced Value Fund is actively managed using a model-based approach seeking income and capital appreciation. The International Multifactor Fund is actively managed using a model-based approach seeking capital appreciation. WisdomTree is the parent company of WisdomTree Asset Management, Inc. (‘‘WTAM’’), the investment adviser to each Fund and the Trust. “WisdomTree” is a registered trademark of WisdomTree and has been licensed for use by the Trust. Each Fund described herein is considered to be non-diversified as defined under the 1940 Act.

In the normal course of business, the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and believe such exposure to be remote.

2. SIGNIFICANT ACCOUNTING POLICIES

The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (the “Codification”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants.

The following is a summary of significant accounting policies followed by the Funds:

Use of Estimates — The preparation of financial statements in conformity with GAAP, requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.

Investment Valuation — The net asset value (“NAV”) of each Fund’s shares is calculated each day a Fund is open for business as of the regularly scheduled close of regular trading on the New York Stock Exchange, normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Each Fund issues and redeems shares at NAV only in large blocks of shares known as creation units, which only certain institutions (e.g., broker-dealers) may purchase or redeem. Shares of each Fund are listed on a national securities exchange and trade at market prices. Most investors will buy and sell shares in the secondary market through brokers. Because Fund shares trade at market prices rather than NAV, shares may trade at a price greater than NAV or less than NAV. In calculating each Fund’s NAV, investments are valued under policies approved by the Board of Trustees of the Trust (the “Board of Trustees”). Equity securities (including preferred stock) traded on any recognized U.S. or non-U.S. exchange are valued at the last sale price or official closing price on the exchange on which they are principally traded. Unlisted equity securities (including preferred stock) are valued at the last sale

 

WisdomTree Trust      93  


Notes to Financial Statements (unaudited) (continued)

 

price or, if no sale price is available, at the mean between the highest bid and lowest ask price. Each Fund may invest in money market funds which are valued at their NAV per share and exchange-traded funds (“ETFs” or “ETF”) or exchange-traded notes (“ETNs” or “ETN”) which are valued at their last sale or official closing price on the exchange on which they are principally traded or at their NAV per share in instances where the ETF or ETN has not traded on its principal exchange. Foreign currency contracts that settle within two business days after the trade date (‘‘Spot Contracts’’) and foreign currency contracts having a settlement period greater than two business days after the trade date (‘‘Forward Contracts’’) are valued daily using WM/Reuters closing spot and forward rates, respectively, as of 4:00 p.m. London time. Futures contracts generally are valued at the settlement price, the price at which a futures contract settles once a given trading day has ended, on the primary exchange on which they trade.

In certain instances, such as when reliable market valuations are not readily available, a Fund’s investments, which include derivatives, will be fair valued in accordance with the Fund’s pricing policy. The Board of Trustees has established a pricing committee (the “Pricing Committee”) which is comprised of senior representatives of WTAM and which reports to the Board of Trustees on a quarterly basis. In the event that a financial instrument cannot be valued based upon a price from the exchange or system on which it is principally traded, independent pricing service provider or broker-dealer quotation, or such prices are deemed to not reflect current market value, the Pricing Committee may value the financial instrument in good faith under the policies and procedures approved by the Board of Trustees based on current facts and circumstances. Securities that may be valued using “fair value” pricing may include, but are not limited to, securities for which there are no current market quotations, securities whose issuer is in default or bankruptcy, securities subject to corporate actions (such as mergers or reorganizations), securities subject to non-U.S. investment limits or currency controls, and securities affected by “significant events.” An example of a significant event is an event occurring after the close of the market in which a security trades but before a Fund’s next NAV Calculation Time that may materially affect the value of a Fund’s investment (e.g., government action, natural disaster, or significant market fluctuation). When fair value pricing is employed, the prices of securities used by a Fund to calculate its NAV may differ from quoted or published prices for the same securities.

Fair Value Measurement — In accordance with Codification Topic 820 (“ASC 820”), Fair Value Measurements and Disclosures, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Pricing Committee will perform other procedures (consistent with GAAP) to value an investment when a market quote is not available. ASC 820 established a three-tier hierarchy of inputs to be used when determining fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk — for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:

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 each Fund’s assumptions in determining the fair value of investments)

The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.

Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended (either due to events affecting the issuer of the security specifically or events affecting the primary trading exchange more broadly) or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation or market activity; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets in which the security is traded but before the time as of which a Fund’s NAV is computed and that may materially affect the value of the Fund’s investments).

The valuation techniques and significant inputs used in determining the fair market value measurements for Level 2 and Level 3 positions are as follows:

Financial instruments are generally valued by independent pricing service providers that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. Depending on the type of financial instrument, the independent pricing service providers’ internal pricing models may use inputs that are observable such as issuer details (e.g., credit rating, debt

 

94   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

ranking, coupon date, maturity date, etc.), interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar assets. Financial instruments that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate. Over-the-counter financial derivative instruments derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these factors. These instruments are normally valued on the basis of broker-dealer quotations or prices obtained from independent pricing service providers. Depending on the product and the terms of the transaction, the value of the financial derivative instruments can be estimated by an independent pricing service provider using a series of techniques including simulation pricing models. The pricing models may use inputs that are observed from actively quoted markets such as issuer details, indices, credit risks/spreads, interest rates, yield curves, default and exchange rates. Derivative contracts that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate.

Determination of a fair value by the Pricing Committee may include significant unobservable inputs and therefore such financial instruments would be reflected as a Level 3 of the fair value hierarchy. The Pricing Committee may employ a market-based valuation approach which may use, among other potential considerations, related or comparable securities, recent transactions, market multiples, and other relevant information to determine fair value. The Pricing Committee may also use an income-based valuation approach in which anticipated future cash flows of the financial instrument are discounted to calculate fair value.

The summary of fair valuations according to the inputs used in valuing each Fund’s assets as of the measurement date is included in a “Fair Valuation Summary” supplementary table in each applicable Fund’s Schedule of Investments.

During the six months ended September 30, 2022, there were no significant transfers into or out of Level 3 of the fair value hierarchy.

Derivatives and Hedging Disclosure — Codification Topic 815 (“ASC 815”), Derivatives and Hedging, requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts as well as gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The Funds have invested in derivatives, specifically foreign currency contracts during the fiscal period ended September 30, 2022 and open positions in such derivatives as of September 30, 2022 are detailed in each Fund’s Schedule of Investments. All of the derivative instruments disclosed and described herein are subject to credit risk. Credit risk is where the financial condition of an issuer of a security or instrument may cause it to default or become unable to pay interest or principal due on the security or where the counterparty to a derivative contract might default on its obligations. The maximum exposure to derivatives agreements with credit risk would be the total value of derivatives in net liability positions for each Fund, as disclosed in the table included in Note 2—Master Netting Arrangements. Information with respect to the amounts and types of collateral received and/or posted for derivative instruments as of September 30, 2022, if any, is reflected as a footnote within each Fund’s Schedule of Investments.

As of September 30, 2022, the effects of such derivative instruments on each Fund’s financial position as reflected in the Statements of Assets and Liabilities are presented in the summary below:

 

     
     Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location    Value  

Europe Quality Dividend Growth Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
   $ 6      Unrealized depreciation on
foreign currency contracts
   $ 3  

International High Dividend Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
          Unrealized depreciation on
foreign currency contracts
     449  

International Large Cap Dividend Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
          Unrealized depreciation on
foreign currency contracts
     2  

International Multifactor Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     405,257      Unrealized depreciation on
foreign currency contracts
     367  

International SmallCap Dividend Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     93      Unrealized depreciation on
foreign currency contracts
     1,938  

 

WisdomTree Trust      95  


Notes to Financial Statements (unaudited) (continued)

 

For the six months ended September 30, 2022, the effects of derivative instruments on each applicable Fund’s financial performance as reflected in the Statements of Operations are presented in the summary below:

 

     
Fund    Amount of Realized Gain
or (Loss) on Derivatives
Recognized1
     Change in Unrealized
Appreciation or
(Depreciation) on
Derivatives Recognized2
 

Europe Quality Dividend Growth Fund

     

Foreign currency risk

   $ (4,456    $ 3  

Europe SmallCap Dividend Fund

     

Foreign currency risk

     (52,587      1,855  

International AI Enhanced Value Fund

     

Foreign currency risk

     49,777        650  

International Equity Fund

     

Foreign currency risk

     (82,266      (10

International High Dividend Fund

     

Foreign currency risk

     (7,182      (324

International Large Cap Dividend Fund

     

Foreign currency risk

     (45,775      (2

International Midcap Dividend Fund

     

Foreign currency risk

     (12,668       

International Multifactor Fund

     

Foreign currency risk

     2,286,777        340,711  

International Quality Dividend Growth Fund

     

Foreign currency risk

     (58,399       

International SmallCap Dividend Fund

     

Foreign currency risk

     (54,367      (3,554

Japan SmallCap Dividend Fund

     

Foreign currency risk

     2,432        704  

 

  1 

Realized gains (losses) on derivatives are located on the Statements of Operations as follows:

 

Foreign currency risk

   Net realized gain (loss) from foreign currency contracts

 

  2 

Change in unrealized appreciation (depreciation) is located on the Statements of Operations as follows:

 

Foreign currency risk

   Net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts

During the six months ended September 30, 2022, the volume of derivative activity (based on the average of month-end balances, except where footnoted) for each Fund was as follows:

 

   
     Average Notional  
Fund    Foreign currency
contracts
(to deliver
USD)
     Foreign currency
contracts
(to receive
USD)
 

Europe Quality Dividend Growth Fund

     

Foreign currency risk

   $      $ 12,481  

Europe SmallCap Dividend Fund

     

Foreign currency risk1

     109,310        479,238  

International AI Enhanced Value Fund

     

Foreign currency risk1

     240,681        314,393  

International Equity Fund

     

Foreign currency risk1

     220,714         

International High Dividend Fund

     

Foreign currency risk

     109,158        43,888  

International Large Cap Dividend Fund

     

Foreign currency risk

     32,382        15,330  

International Midcap Dividend Fund

     

Foreign currency risk1

     24,730        14,937  

International Multifactor Fund

     

Foreign currency risk

     4,822,940        22,858,957  

 

96   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

   
     Average Notional  
Fund    Foreign currency
contracts
(to deliver
USD)
     Foreign currency
contracts
(to receive
USD)
 

International Quality Dividend Growth Fund

     

Foreign currency risk1

     28,055        76,875  

International SmallCap Dividend Fund

     

Foreign currency risk

     17,808        1,176,599  

Japan SmallCap Dividend Fund

     

Foreign currency risk1

            35,793  
  1

The volume of derivative activity for the period is based on intra-month balances.

Investment Transactions and Investment Income — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method. Dividend income (less foreign taxes withheld, if any) is recognized on the ex-dividend date or as soon as practicable (with respect to foreign dividends) after the existence of a dividend declaration has been determined. Non-cash dividend income is recognized on the ex-dividend date or as soon as practicable (with respect to foreign dividends) after the existence of a dividend declaration has been determined, at the fair value of securities to be received. On each measurement date, the Funds evaluate the collectability of receivable balances. Generally, the Funds will write-off dividend receivable balances that are canceled by the issuer as of the date that the dividend receivable cancellation notification was publicly made available or when it becomes probable that dividends will not be collected and the amount of uncollectable dividends can be reasonably estimated. Income earned from securities lending activities (i.e., securities lending income), net of fees payable to the securities borrower and/or securities lending agent, is accrued daily.

Foreign Currency Translation — The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies, as well as investment securities and other assets and liabilities denominated in foreign currencies, are translated into U.S. dollars using exchange rates prevailing on the respective dates of such transactions that are deemed appropriate by WTAM. Realized and unrealized foreign exchange gains and losses on investments are included as a component of “net realized gain (loss) from investment transactions” and “net increase (decrease) in unrealized appreciation/depreciation from investment transactions”, respectively, on the Statements of Operations. Realized and unrealized foreign exchange gains or losses from foreign currency contracts are included in “net realized gain (loss) from foreign currency contracts” and “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts”, respectively, on the Statements of Operations. Realized and unrealized foreign exchange gains or losses arising from sales of foreign currencies, currency gains or losses recognized between the trade and settlement dates on investment transactions, and the difference between the amounts of dividends and foreign withholding taxes recorded on the Funds’ books and the U.S. dollar equivalent of the amounts actually received or paid are included in “net realized gain (loss) from foreign currency related transactions” and/or “net increase (decrease) in unrealized appreciation/depreciation from translation of assets and liabilities denominated in foreign currencies” in the Statements of Operations. Certain foreign exchange gains and losses included in realized and unrealized gains or losses are included in, or are a reduction of, ordinary income in accordance with U.S. Federal income tax regulations.

Expenses — Under the investment advisory agreement for each Fund, except for Funds that commenced operations on or after March 26, 2013, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other expenses (such as stamp taxes) connected with the execution of portfolio transactions or in connection with creation and redemption transactions; (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of trustees who are not interested persons of the Funds (“Independent Trustees”); (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s Chief Compliance Officer (‘‘CCO’’); (vi) extraordinary expenses; (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; and (viii) the advisory fee payable to WTAM.

Under the investment advisory agreement for Funds that commenced operations on or after March 26, 2013, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other fees, charges, taxes, levies or expenses (such as stamp taxes) incurred in connection with the execution of portfolio transactions or in connection with creation and redemption transactions (including without limitation any fees, charges, taxes, levies or expenses related to the purchase or sale of an amount of any currency, or the patriation or repatriation of any security or other asset, related to the execution of portfolio transactions or any creation or redemption transactions); (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s CCO; (vi) extraordinary expenses (in each case as determined by a majority of the Independent Trustees); (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act;

 

WisdomTree Trust      97  


Notes to Financial Statements (unaudited) (continued)

 

(viii) interest and taxes of any kind or nature (including, but not limited to, income, excise, transfer and withholding taxes); (ix) fees and expenses related to the provision of securities lending services; and (x) the advisory fee payable to WTAM.

Acquired fund fees and expenses (“AFFEs”) (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) are not operating expenses of the Funds and are not paid by WTAM.

Pursuant to a separate contractual arrangement, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. WTAM receives a fee, as shown on the Statements of Operations under “Service fees”, of up to 0.0044% per annum of each Fund’s average daily net assets for providing such services and paying such expenses. WTAM provides CCO services to the Trust.

Foreign Currency Contracts — The Funds may enter into foreign currency contracts to facilitate local securities settlements or to protect against currency exposure. The Funds, other than the International Multifactor Fund, do not expect to engage in currency transactions for the purpose of hedging against currency exposures of the Fund’s assets that are denominated in one or more foreign currencies. The Funds may not enter into such contracts for speculative purposes. During the period ended September 30, 2022, the Funds, except for the International Multifactor Fund, utilized foreign currency contracts primarily to facilitate foreign security settlements. The International Multifactor Fund utilized foreign currency contracts primarily to offset applicable international currency exposure from certain positions in international equities. A foreign currency contract involves an obligation to purchase or sell a specific currency at a future date, which may be any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of the contract. These contracts are principally traded in the inter-bank market conducted directly between currency traders (usually large, commercial banks) and their customers. A foreign currency contract generally does not require an initial margin deposit and no commissions are charged at any stage for trades.

Risks may arise upon entering into foreign currency contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currencies relative to the U.S. dollar or each other.

Fluctuations in the value of open foreign currency contracts are recorded for book purposes as unrealized gains or losses on foreign currency contracts by the Funds and are included in “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts” on the Statements of Operations. Realized gains and losses on foreign currency contracts include net gains or losses recognized by the Funds on contracts which have settled are included in “net realized gain (loss) from foreign currency contracts on the Statements of Operations.

Securities Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. It is the Funds’ policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the value of foreign securities loaned. Collateral in the form of cash and/or securities issued or guaranteed by the U.S. government or its agencies, equivalent to at least 100% of the market value of securities, is maintained at all times. The cash collateral can be invested in certain money market mutual funds which also have exposure to the fluctuations of the market. The values of the investments of cash collateral for securities on loan along with the obligations to return such collateral are included on the Statements of Assets and Liabilities. The total value of securities received as collateral for securities on loan is included in a footnote following each Schedule of Investments, but is not included within the Statements of Assets and Liabilities because the receiving Fund does not have the right to sell or repledge the securities received as collateral. As compensation for lending its securities, each Fund retains all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower (net of any fee rebates paid to the borrower). The lending agent receives a portion of the income earned by the Funds in connection with the lending program. The net securities lending income earned by the Funds is disclosed on the Statements of Operations. The dividend income earned on the securities loaned is accounted for in the same manner as other dividend income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. Dividends received while a security is out on loan are not considered Qualified Dividend Income (“QDI”) under the specific criteria issued by the Internal Revenue Service and are subject to taxation at the shareholder’s ordinary income tax rate instead of the lower long-term capital gains tax rate. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults. In the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.

Master Netting Arrangements — Codification Topic 210 (“ASC 210”), Balance Sheet, requires disclosures generally intended to (i) help investors and other financial statement users to better assess the effect or potential effect of offsetting arrangements on a company’s financial position, (ii) improve transparency in the reporting of how companies mitigate credit risk, and (iii) facilitate comparisons between those entities that prepare their financial statements on the basis of GAAP and those entities that prepare their financial statements on the basis of international financial reporting standards. ASC 210 requires entities to disclose (i) gross and net information about both instruments and transactions eligible for offset in the financial statements, and (ii) instruments and transactions subject to an agreement similar to a master netting agreement. ASC 210 is limited in scope to the following financial instruments, to the extent they are offset in the financial statements or subject to an enforceable master netting

 

98   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

arrangement or similar agreement: (i) recognized derivative instruments accounted for under ASC 815 (Derivatives and Hedging); (ii) repurchase agreements and reverse repurchase agreements; and (iii) securities borrowing and securities lending transactions.

In order to better define its contractual rights and to secure rights that will help a Fund mitigate its counterparty risk, a Fund enters into an International Swaps and Derivatives Association, Inc. Master Agreement (“ISDA Master Agreement”) with its counterparties. An ISDA Master Agreement is a bilateral agreement between a Fund and a counterparty that governs over-the-counter derivatives (“OTC”), such as foreign currency contracts, and typically contains, among other things, collateral posting terms, netting and rights of set-off provisions in the event of a default and/or termination event. Under an ISDA Master Agreement, a Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and receivables to create a single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out netting) or similar event, including the bankruptcy or insolvency of the counterparty.

Collateral requirements generally differ by type of derivative. Collateral terms are contract-specific for OTC derivatives (e.g., foreign currency contracts, options and certain swaps). To the extent amounts due to a Fund from its derivatives counterparties are not fully collateralized, contractually or otherwise, the Fund bears the risk of loss from a counterparty’s non-performance.

The Funds’ securities lending activities are governed by a Securities Lending Authorization Agreement (“Lending Agreement”) between the Funds and the lending agent. The Lending Agreement authorizes the lending agent to lend qualifying U.S. and foreign securities held by a Fund to approved borrowers (each a “Borrower”). To mitigate borrower risk, a Fund typically receives from a Borrower collateral in the form of U.S. dollar cash and/or securities issued or guaranteed by the U.S. government or its agencies in excess of the market value of the securities loaned. Under the provisions of the Lending Agreement, a Fund shall have, as to the collateral, all of the rights and remedies of a secured party under applicable law. A Fund is exposed to risk of loss if a Borrower defaults on its obligation to return borrowed securities and the value of the collateral a Fund received is insufficient to cover the market value of the securities loaned. Also, the lending agent is permitted to invest the cash collateral it receives from a Borrower into a money market fund which is subject to market fluctuation. Therefore, a Fund is exposed to risk of loss if the value of invested cash collateral is insufficient to satisfy the Fund’s obligation to return the full amount owed to such Borrower. However, in the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.

For financial reporting purposes, the Funds elect to not offset assets and liabilities subject to an ISDA Master Agreement or Lending Agreement, if any, in the Statements of Assets and Liabilities. Therefore, all qualifying transactions are presented on a gross basis in the Statements of Assets and Liabilities. As of September 30, 2022, the impact of netting of assets and liabilities and the offsetting of collateral pledged or received based on contractual netting/set-off provisions in the ISDA Master Agreement and the Lending Agreement are detailed in the following table:

 

     
    Assets     Liabilities  
   

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
         

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
       
Fund   Financial
Instruments
    Collateral
Received
    Net Amount     Financial
Instruments
    Collateral
Posted
    Net Amount  

Europe Quality Dividend Growth Fund

               

Securities Lending

  $ 2,562,655     $     $ (2,562,655 )1    $     $     $     $     $  

Foreign Currency Contracts

    6                   6       3                   3  

Europe SmallCap Dividend Fund

               

Securities Lending

    17,629,333             (17,629,333 )1                               

International AI Enhanced Value Fund

               

Securities Lending

    5,140,305             (5,140,305 )1                               

International Equity Fund

               

Securities Lending

    37,646,446             (37,646,446 )1                               

International High Dividend Fund

               

Securities Lending

    15,973,125             (15,973,125 )1                               

Foreign Currency Contracts

                            449                   449  

International Large Cap Dividend Fund

               

Securities Lending

    18,415,945             (18,415,945 )1                               

Foreign Currency Contracts

                            2                   2  

International Midcap Dividend Fund

               

Securities Lending

    14,218,992             (14,218,992 )1                               

International Multifactor Fund

               

Securities Lending

    2,591,281             (2,591,281 )1                               

Foreign Currency Contracts

    405,257       (367           404,890       367       (367            

 

WisdomTree Trust      99  


Notes to Financial Statements (unaudited) (continued)

 

     
    Assets     Liabilities  
   

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
         

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
       
Fund   Financial
Instruments
    Collateral
Received
    Net Amount     Financial
Instruments
    Collateral
Posted
    Net Amount  

International Quality Dividend Growth Fund

               

Securities Lending

    15,795,748             (15,795,748 )1                               

International SmallCap Dividend Fund

               

Securities Lending

    127,985,825             (127,985,825 )1                               

Foreign Currency Contracts

    93                   93       1,938                   1,938  

Japan SmallCap Dividend Fund

               

Securities Lending

    29,223,185             (29,223,185 )1                               
  1 

The amount of collateral presented has been limited such that the net amount by counterparty cannot be less than zero.

Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments include short-term obligations issued by the U.S. government, its agencies, non-U.S. government agencies, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.

Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). A portion of the Code, known as subchapter M (“Subchapter M”), addresses the ways by which investment companies and investment trusts may pass income through to shareholders in order to avoid double taxation. Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code so that it will not be subject to federal income tax on income and gains that are timely distributed to Fund shareholders. Accordingly, no provision for U.S. federal income taxes is required. In order to qualify for the special tax treatment accorded to RICs and their shareholders, each Fund must, among other things, distribute with respect to each taxable year an amount equal to or greater than the sum of 90% of its investment company taxable income and 90% of its net tax-exempt interest income. There can be no guarantee that a Fund will pay dividends. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains is determined in accordance with the requirements of the Code and the U.S. Treasury regulations (i.e., tax basis) which may differ to amounts determined under GAAP (i.e., book basis). These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their Federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions that exceed earnings and profit for tax purposes are reported for tax purposes as a return of capital.

3. ADVISORY FEES AND OTHER TRANSACTIONS WITH AFFILIATES

WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM has arranged for Mellon Investments Corporation (‘‘Mellon’’) to provide sub-advisory services to the Funds, except for the International AI Enhanced Value Fund. Prior to January 7, 2022, sub-advisory services for the International AI Enhanced Value Fund were provided by Mellon and thereafter by Voya IM. Mellon and Voya IM are compensated by WTAM at no additional cost to the Funds. WTAM also arranges for transfer agency, custody, fund accounting, fund administration, securities lending and all other non-distribution related services necessary for the Funds to operate, which are generally under separate agreements entered into between the Trust on behalf of the Funds and the applicable service provider. Under the investment advisory agreement for each Fund, WTAM agrees to pay all expenses of the Funds, except for certain expenses described in Note 2.

Pursuant to a separate contractual arrangement, as also described in Note 2, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees in exchange for a fee, accrued daily and paid monthly in arrears, of up to 0.0044% per annum of each Fund’s average daily net assets.

 

100   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

WTAM expects to receive annual advisory fees from each Fund, based on a percentage of the Fund’s average daily net assets, as shown in the following table:

 

   
Fund   

Advisory

Fee Rate

 

Europe Quality Dividend Growth Fund

     0.58

Europe SmallCap Dividend Fund

     0.58

International AI Enhanced Value Fund

     0.58

International Equity Fund

     0.48

International High Dividend Fund

     0.58

International Large Cap Dividend Fund

     0.48

International Midcap Dividend Fund

     0.58

International Multifactor Fund

     0.38

International Quality Dividend Growth Fund

     0.42

International SmallCap Dividend Fund

     0.58

Japan SmallCap Dividend Fund

     0.58

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Transactions in shares of affiliated ETFs for the fiscal period ended September 30, 2022, as applicable, are included in an ‘‘Investment in Affiliates’’ supplementary table in each applicable Fund’s Schedule of Investments. For these transactions, WTAM voluntarily waives a portion of the advisory fees, that it would otherwise charge, in an amount equal to the indirect AFFEs (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) attributable to each Fund’s investment in affiliated ETFs. The dollar amount of advisory fees waived during the period for the Funds, if any, are included in the Statement of Operations in “Expense waivers”.

WTAM and/or WisdomTree (collectively herein, “WT”) may from time to time own shares of a Fund. As of and for the six months ended September 30, 2022, WT held shares of and received distributions from the following Funds, which were purchased through an unaffiliated broker in ordinary brokerage transactions in the secondary market in which the Funds’ shares trade:

 

       
     At September 30, 2022            For the fiscal period ended
September 30, 2022
 
Fund    Fund Shares
held by WT
     Market Value
of Fund Shares
held by WT
            Dividends and
Distributions paid to
WT on Fund Shares
held by WT
 

Europe Quality Dividend Growth Fund

          $              $ 41  

International Equity Fund

     88        3,533                120  

International Multifactor Fund

     387        8,398                211  

International Quality Dividend Growth Fund

     357        9,393                283  

International SmallCap Dividend Fund

     538        27,675                1,033  

4. CAPITAL SHARE TRANSACTIONS

As of September 30, 2022, there were an unlimited number of $0.001 par value shares of beneficial interest authorized by the Trust. Shares are issued and redeemed by each Fund only in creation units or multiples thereof. Except when aggregated in creation units, shares of each Fund are not redeemable. Transactions in shares for each Fund are disclosed in detail in the Statements of Changes in Net Assets. The consideration for the purchase of creation units of a Fund generally consists of the in-kind contribution of a basket of securities and/or an amount of cash. Investors purchasing and redeeming creation units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of creation units.

5. INVESTMENT PORTFOLIO TRANSACTIONS

Purchases and sales of investments (excluding purchases and sales resulting from in-kind capital share transactions and short-term investments) and the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions (excluding short-term investments) for the six months ended September 30, 2022 are shown in the following table. Realized gains and losses on

 

WisdomTree Trust      101  


Notes to Financial Statements (unaudited) (continued)

 

sales resulting from in-kind capital share redemptions, as shown on the Statements of Operations, are not recognized by the Funds for tax purposes.

 

       
                   In-kind Capital Share Transactions  
Fund    Purchases      Sales      Purchases      Sales  

Europe Quality Dividend Growth Fund

   $ 2,448,895      $ 2,216,786      $ 4,602,974      $ 10,131,322  

Europe SmallCap Dividend Fund

     18,529,313        19,006,709               30,627,284  

International AI Enhanced Value Fund

     79,490,709        79,594,202               25,613,905  

International Equity Fund

     20,280,107        16,727,357        39,903,296         

International High Dividend Fund

     12,213,770        8,118,215        26,016,257         

International LargeCap Dividend Fund

     12,878,446        4,647,616        62,118,442         

International MidCap Dividend Fund

     6,079,573        5,366,532        10,204,448         

International Multifactor Fund

     16,564,483        14,147,407                

International Quality Dividend Growth Fund

     12,729,401        4,335,399        45,650,485        28,809,330  

International SmallCap Dividend Fund

     60,804,770        59,444,696        19,887,208        8,672,055  

Japan SmallCap Dividend Fund

     3,469,429        3,684,966               35,911,348  

6. FEDERAL INCOME TAXES

At September 30, 2022, the cost of investments (including securities on loan and derivatives) for Federal income tax purposes was as follows:

 

         
    Investments in Long Securities           Investments in Financial Derivatives1        
Fund   Tax Cost     Gross
Unrealized
Appreciation
   

Gross

Unrealized
Depreciation

    Net Unrealized
Appreciation/
(Depreciation)
           Gross
Unrealized
Appreciation
    Gross
Unrealized
Depreciation
   

Net
Unrealized
Appreciation/

(Depreciation)

   

Total Net
Unrealized
Appreciation/

(Depreciation)

 

Europe Quality Dividend Growth Fund

  $ 65,029,116     $ 698,661     $ (15,722,312   $ (15,023,651           $     $     $     $ (15,023,651

Europe SmallCap Dividend Fund

    273,199,355       7,326,914       (97,002,848     (89,675,934                               (89,675,934

International AI Enhanced Value Fund

    99,772,420       55,162       (24,705,584     (24,650,422                               (24,650,422

International Equity Fund

    590,145,960       40,042,029       (91,958,474     (51,916,445                               (51,916,445

International High Dividend Fund

    225,450,652       3,062,577       (39,074,707     (36,012,130                               (36,012,130

International LargeCap Dividend Fund

    396,094,661       23,669,633       (48,887,978     (25,218,345                   (2     (2     (25,218,347

International MidCap Dividend Fund

    149,086,824       3,284,702       (35,690,967     (32,406,265                               (32,406,265

International Multifactor Fund

    33,233,943       654,025       (4,236,955     (3,582,930             14,093       (2     14,091       (3,568,839

International Quality Dividend Growth Fund

    406,372,945       1,619,497       (105,063,647     (103,444,150                               (103,444,150

International SmallCap Dividend Fund

    1,382,660,895       46,341,367       (375,497,350     (329,155,983             93       (1,938     (1,845     (329,157,828

Japan SmallCap Dividend Fund

    226,992,744       2,142,198       (67,061,606     (64,919,408                               (64,919,408
  1 

Certain financial derivatives may be considered section 1256 contracts under the Code. Each section 1256 contract held at the close of a taxable year shall be treated as sold for its fair market value on the last business day of such taxable year (and any realized gain and loss shall be taken into account for the taxable year). As such, the unrealized appreciation/(depreciation) for financial derivatives on a tax basis may not correspond to the unrealized appreciation/(depreciation) on a GAAP basis. The unrealized appreciation/(depreciation) for financial derivatives on a GAAP basis is located in the respective financial derivatives tables in each Fund’s Schedule of Investments.

GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign withholding taxes, as applicable, are accrued based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Foreign withholding taxes are accrued and applied to foreign income, net realized capital gains and net unrealized appreciation, as applicable, as the foreign income is earned or capital gains and unrealized appreciation are recorded. The dollar amount of applicable foreign withholding taxes on foreign income is included net in the Statements of Operations in “Less: Foreign withholding taxes,” the foreign capital gains tax applicable on the disposal of securities is included in the Statements of Operations in “Net realized gain (loss) from investment

 

102   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

transactions” and the dollar amount of deferred foreign capital gains tax applicable on the unrealized appreciation on securities held is included in the Statements of Operations in “Net increase (decrease) in unrealized appreciation/depreciation from investment transactions”. The Funds record a foreign tax reclaim receivable on the ex-dividend date if the tax reclaim is “more likely than not” to be sustained assuming examination by tax authorities. This determination is based on, among other things, a jurisdiction’s legal obligation to pay reclaims as well as payment history and market convention. Foreign tax reclaims that have been recorded but not yet received are shown on the Statements of Assets and Liabilities in “Receivables: Foreign tax reclaims”.

As a result of several European Court of Justice (“ECJ”) court cases in certain countries across the European Union (“EU”), certain Funds have filed additional tax reclaims for previously withheld taxes on dividends earned in those countries (“ECJ tax reclaims”). These additional filings are subject to various administrative proceedings by the local jurisdictions’ tax authorities within the EU, as well as a number of related judicial proceedings. Income recognized, if any, for ECJ tax reclaims is reflected as “Other income” in the Statements of Operations and the cost to file these additional ECJ tax reclaims is reflected as “Other fees” in the Statements of Operations. When the ECJ tax reclaim is not “more likely than not” to be sustained assuming examination by tax authorities due to the uncertainty that exists as to the ultimate resolution of these proceedings, the likelihood of receipt of these ECJ tax reclaims, and the potential timing of payment, no amounts are reflected in the financial statements. At September 30, 2022, the Europe SmallCap Dividend Fund and the International SmallCap Dividend Fund recognized ECJ tax reclaim receivables of $1,041,898 and $552,261, respectively, in the Statements of Assets and Liabilities in “Other receivables” that were “more likely than not” to be sustained by tax authorities and the estimated cost of $1,126,152 and $165,678, respectively, to file for these reclaims is reflected in “Other liabilities” on the Statements of Assets and Liabilities. For U.S. income tax purposes, ECJ tax reclaims received by the Funds, if any, reduce the amounts of foreign taxes Fund shareholders can use as tax credits in their individual income tax returns. In the event that ECJ tax reclaims received by a Fund during the fiscal year exceed foreign withholding taxes paid, and a Fund previously passed foreign tax credits on to its shareholders, a Fund must either amend historic tax reporting to shareholders or enter into a closing agreement with the Internal Revenue Service in order to pay the associated tax liability on behalf of the respective Fund’s shareholders. During the fiscal period ended September 30, 2022, the ECJ tax reclaims recognized by the Funds, except for the Europe SmallCap Dividend Fund, did not exceed the foreign withholding taxes of the respective Funds. During the fiscal period ended September 30, 2022, the Europe SmallCap Dividend Fund recognized ECJ tax reclaims in excess of its foreign withholding taxes during the fiscal period. The Europe SmallCap Dividend Fund expects to enter into a closing agreement with the Internal Revenue Service and has recognized estimated closing agreement fees of $335,270 which are shown on the Statements of Operations in “Investment Income: Less IRS closing agreement fee”.

7. RECENT REGULATORY UPDATEÐ

Effective August 19, 2022, the Funds have adopted policies and procedures reasonably designed to comply with new regulations issued by the SEC governing the use of derivatives by registered investment companies (“Rule 18f-4”). Rule 18f-4 imposes limits on the amount of derivatives a fund can enter into, eliminates the asset segregation framework used by the Funds prior to August 19, 2022 to comply with Section 18 of the 1940 Act, and requires funds, whose use of derivatives is greater than a limited specified amount, to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager. Rule 18f-4 has not had a material impact on the Funds’ financial statements.

The fair valuation Rule 2a-5 went into effect on September 8, 2022. The Rule sets forth requirements for determining the fair value of portfolio securities and establishes a framework focused on process, testing and oversight. The Rule allows fund boards to designate a valuation designee responsible for performing fair value determinations in good faith. WTAM has been designated as the Valuation Designee for the Funds and is responsible for assessing material risks, establishing fair value methodologies, testing the appropriateness and accuracy of the methodologies and overseeing third-party pricing vendors. Under the new fair valuation policies, WTAM is responsible for regular quarterly reporting of any material fair valuation matter, annual reporting on the adequacy of the Valuation Designee’s processes, and the prompt notification to the board of any material impact of the fair value process on portfolio investments.

8. RECENT ACCOUNTING PRONOUNCEMENT

In June 2022, the FASB issued Accounting Standards Update No. 2022-03 (“ASU 2022-03”), Fair Value Measurement (Topic 820) — Fair Value Measurement of Equity Securities Subject to Contractual Sales Restrictions. The amendments in ASU 2022-03 clarify that a contractual restriction on a sale of an equity security is not considered a part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments also clarify that an entity cannot, as a separate unit of account, recognize and measure a contractual sale restriction. The amendments in ASU 2022-03 also require the following disclosures for equity securities subject to contractual sale restrictions: (i) the fair value of equity securities subject to contractual sale restrictions reflected in the balance sheet, (ii) the nature and remaining duration of the restriction(s), and (iii) the circumstances that could cause a lapse in the restriction (s). The amendments in ASU 2022-03 are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years for public business entities (early adoption is also permitted). WTAM is currently evaluating the impact that the adoption of ASU 2202-03 will have on the Trust’s financial statements and related disclosures.

 

WisdomTree Trust      103  


Notes to Financial Statements (unaudited) (continued)

 

9. SUBSEQUENT EVENT

Effective November 7, 2022, WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund and exchange-traded product sponsor and asset manager, transferred the listing of its common stock to the New York Stock Exchange (“NYSE”) from The Nasdaq Global Select Market (“Nasdaq”). WisdomTree began trading on the NYSE under the new ticker symbol “WT” along with its new company name, WisdomTree, Inc.

10. ADDITIONAL INFORMATION

The respiratory disease caused by a novel coronavirus (“COVID-19”) has spread globally since 2019, resulting in a global pandemic and major disruption to global markets and economies. In an organized attempt to contain and mitigate the effects of COVID-19, governments and businesses world-wide took aggressive measures, including businesses canceling dividends to preserve cash, governments closing borders, restricting international and domestic travel, and the imposition of prolonged quarantines of large populations. COVID-19 has resulted in the disruption of and delays in the delivery of healthcare services and processes, the cancellation of organized events and educational institutions, the disruption of production and supply chains, a decline in consumer demand for certain goods and services, and general concern and uncertainty, all of which have contributed to increased volatility in global markets. In recent months, however, the rapid COVID-19 vaccination rollout in the United States and certain other developed countries, coupled with the passage of stimulus programs in the U.S. and abroad, have resulted in a reversal of many of these trends including the re-opening of businesses, a reduction in quarantine requirements, increased consumer demand, and the resumption of certain in-person schooling, travel and events. Despite these positive trends, the prevalence of new COVID-19 variants, a failure to achieve herd immunity, or other unforeseen circumstances may result in the continued spread of the virus throughout unvaccinated populations or a resurgence in infections among vaccinated populations. As a result, it remains unclear if recent positive trends will continue in developed markets and whether such trends will spread world-wide to countries with limited access to vaccines that are still experiencing rising COVID-19 cases, hospitalizations and deaths.

The effects of COVID-19 have affected and are likely to continue to affect certain sectors and industries more dramatically than others, and the effects borne by some will negatively affect the value of the issuers in those sectors and industries, which may adversely affect the value of a Fund’s investments in those sectors or industries. It is also true that the speed at which global economies recover, or fail to recover, from the COVID-19 pandemic will affect certain sectors, industries, and issuers more dramatically than others, which in turn may adversely affect certain Fund investments.

COVID-19, and other epidemics and pandemics that may arise in the future, could adversely affect the economies of many nations, the global economy, individual companies and capital markets in ways that cannot be foreseen at the present time. In addition, the impact of infectious diseases in developing or emerging market countries may be greater due to limited health care resources, including access to COVID-19 vaccinations and treatments. Political, economic and social stresses caused by COVID-19 also may exacerbate other pre-existing political, social and economic risks in certain countries. The duration of COVID-19 and its effects cannot be determined fully at this time, but the effects could be present for an extended period of time. It is impossible to predict the effects on the Funds of these or similar events and market conditions in the future. However, it is possible that these or similar events and market conditions could have a significant and adverse effect on the NAV and/or risk profile of a Fund.

* * * * *

Russia’s military invasion of Ukraine initiated in February 2022 and the economic and diplomatic responses by the United States and other countries have led to increased volatility and uncertainty in the financial markets and could continue to adversely affect regional and global economies for the foreseeable future. In response to Russia’s actions, the governments of the United States, the European Union, the United Kingdom, and many other countries collectively imposed heavy and broad-ranging economic sanctions on certain Russian individuals, corporate and banking entities, and other industries and businesses. The sanctions restrict companies from doing business with Russia and Russian companies, prohibit transactions with the Russian central bank and other key Russian financial institutions and entities, ban Russian airlines and ships from using many other countries’ airspace and ports, respectively, and place a freeze on certain Russian assets. The sanctions also removed some Russian banks from the Society for Worldwide Interbank Financial Telecommunications (SWIFT), the electronic network that connects banks globally to facilitate cross-border payments. In addition, the United States has banned oil and other energy imports from Russia, and the United Kingdom made a commitment to phase out oil import from Russia by the end of 2022.

These sanctions, as well as other economic consequences related to the invasion, such as additional sanctions, boycotts or changes in consumer or purchaser preferences or cyberattacks on governments, companies or individuals, may further decrease the value and liquidity of certain Russian securities and securities of issuers in other countries that are subject to economic sanctions related to the invasion or otherwise adversely affected by the sanctions. To the extent a Fund has exposure to Russian investments or investments in countries affected by the invasion or the sanctions, the Fund’s ability to price, buy, sell, receive or deliver, or receive dividends and interest payments on such investments may be impaired. In certain circumstances, such as when there is no market for a security or

 

104   WisdomTree Trust


Notes to Financial Statements (unaudited) (concluded)

 

other means of valuing or disposing of a security, a Fund may determine to value the affected security at zero. In addition, any exposure a Fund may have to counterparties in Russia or in countries affected by the invasion could negatively affect the Fund’s portfolio. The extent and duration of Russia’s military actions and the repercussions of such actions are impossible to predict, but could result in continued significant market disruptions, including in the oil and natural gas markets, and may negatively affect global supply chains, inflation and global growth. Further, an escalation of the military conflict beyond Ukraine’s borders could result in significant, long-lasting damage to the economies of Eastern and Western Europe as well as the global economy. These and any related events could significantly and adversely affect a Fund’s performance and the value of an investment in the Fund, even in the absence of direct exposure to Russian issuers or issuers in other countries affected by the invasion.

 

WisdomTree Trust      105  


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited)

 

Consideration of the Approval and Renewal of Investment Advisory and Sub-Advisory Agreements

At a meeting of the Board of Trustees (the “Board” or the “Trustees”) of the WisdomTree Trust (the “Trust”) held on September 19-20, 2022 (the “Meeting”), the Trustees, including those Trustees who are not “interested persons” (as defined in the Investment Company Act of 1940, as amended) of the Trust (the “Independent Trustees”), considered the renewal of (i) the Investment Advisory Agreements between WisdomTree Asset Management, Inc. (“WTAM”) and the Trust, on behalf of its applicable series (each, a “Fund,” and, collectively, the “Funds”), pursuant to which WTAM provides the Funds with investment advisory services (the “Advisory Agreements”), (ii) the Sub-Advisory Agreement (the “Mellon Sub-Advisory Agreement”), pursuant to which Mellon Investments Corporation (“Mellon”) coordinates the investment and reinvestment of the assets of the applicable Funds, and (iii) the Sub-Advisory Agreement (together with the Mellon Sub-Advisory Agreement, the “Sub-Advisory Agreements,” and, collectively with the Advisory Agreements and the Mellon Sub-Advisory Agreement, the “Agreements”), pursuant to which Voya Investment Management Co. LLC (“Voya,” and, together with Mellon, the “Sub-Advisers”) coordinates the investment and reinvestment of the assets of the applicable Funds.

The Trustees requested, and WTAM provided, such information as the Trustees, with advice from counsel to the Trust and independent legal counsel, deemed reasonably necessary to evaluate the Agreements. At a meeting of a committee of Independent Trustees (the “Contracts Review Committee”) held on August 11, 2022, representatives from WTAM presented detailed information to the Trustees relating to the continuance of the Agreements, and the Trustees, including the Independent Trustees, reviewed and discussed such information. Further information was presented at the Board’s request at the Meeting.

The Independent Trustees were assisted in their review by independent legal counsel and met with counsel in executive session separate from WTAM representatives and the Sub-Advisers. In considering the approval and renewal of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Trustee may have attributed different weights to the factors considered. Each Fund was considered separately.

Analysis of Nature, Extent, and Quality of Services Provided to the Funds. The Board considered information provided to them at the Meeting and in previous presentations throughout the year from WTAM representatives regarding the nature, extent, and quality of the services provided to the Funds, recognizing WTAM’s and the Sub-Advisers’ operational capabilities and resources. The Board also discussed the role of WisdomTree Investments, Inc. (“WTI”), the parent of WTAM, as index provider to certain Funds, which comprise the substantial majority of assets in the WisdomTree fund complex. The Board noted that the strategies represented by those Funds tracking affiliated WTI indexes are unique, based on WTI’s intellectual property and are only available for use by applicable Funds through WTAM. The Board noted WTAM’s belief that shareholders have invested in such Funds on the strength of WTI’s intellectual property and WTAM’s industry standing and reputation and with the expectation that WTAM will have a continuing role in providing advisory services to the Funds based on the WTI indexes. The Board also noted the extensive responsibilities that WTAM has as investment adviser to the Funds, including: the selection of, and supervisory responsibilities and activities over, the Sub-Advisers, including oversight of the Sub-Advisers’ adherence to each Fund’s investment strategy and restrictions, monitoring of the Sub-Advisers’ buying and selling of securities and derivatives transactions, review of Sub-Adviser performance, review of proxies voted by the Sub-Advisers and oversight of, and the provision of consultation to, the Sub-Advisers with respect to the creation of custom creation or redemption baskets for authorized participants; oversight of the daily valuation of the Funds’ portfolio holdings; oversight of general Fund compliance with federal and state laws; and implementation of Board directives as they relate to the Funds. The Board also considered research support available to, and management capabilities of, the Funds’ management personnel and that WTAM provides oversight of day-to-day Fund operations, including fund accounting, tax matters, administration and legal assistance in meeting disclosure and regulatory requirements. Based on management’s representations, the Board expected that there would be no reduction in the scope of services required by or provided by WTAM and the Sub-Advisers under the relevant Agreements. The Board noted that WTAM has continued to commit significant resources toward the fund complex and has made substantial investments to improve the services offered by WTAM, which benefit Fund shareholders.

Based on review of this information and the other factors considered at the Meeting, the Board concluded that the nature, extent and quality of services provided by WTAM and the Sub-Advisers under the Advisory Agreements and Sub-Advisory Agreements, respectively, are adequate and appropriate and supported the Board’s approval of the approval and renewal of the Agreements.

Comparative Analysis of the Funds’ Performance and Management Fee and Expense Ratio. The Board reviewed reports prepared by Broadridge Financial Solutions, Inc. (“Broadridge”), an independent provider of investment company data, which included information (1) measuring each index Fund’s performance by how well it tracked the relevant benchmark index, (2) comparing, with respect to the actively-managed Funds, each Fund’s performance with the performance of a group of comparable funds (the “Performance Group”) for various periods ended May 31, 2022, and (3) comparing each Fund’s actual management fees and total expenses with those of a group of comparable funds (the “Expense Group”) and, with respect to total expenses, with a broader group of funds (the “Expense Universe”), the information for which was derived in part from fund financial statements available to Broadridge as of the date of its analysis. The Contracts Review Committee and the Independent Trustees previously had reviewed and discussed the methodology Broadridge used to select the Performance Groups, Expense Groups and Expense Universes. The

 

106   WisdomTree Trust


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) (continued)

 

Board noted that the Performance Groups, Expense Groups and Expense Universes included only pure-index and index-based exchange traded funds (“ETFs”) as comparison funds, except that the Performance Groups, Expense Groups and Expense Universes for the actively-managed Funds included only actively-managed ETFs as comparison funds. The Board also noted that due to the special characteristics of certain Funds, there are limitations in providing comparable funds in the Performance Groups, Expense Groups and Expense Universes, and the information in the Broadridge reports may or may not provide meaningful direct comparisons to the Funds.

The Board discussed the index Funds’ performance, noting that the substantial majority of index Funds seek to track their own WisdomTree benchmark index. During the prior year, the Board received periodic reports on the Funds’ performance in comparison to their relevant benchmark indexes. The Board also discussed the performance of the actively-managed Funds and noted that total return performance of the Funds was variously above, at and below the relevant Performance Group medians for the time periods measured. In response to questions from the Independent Trustees, WTAM representatives discussed the relative performance of the Funds and the factors affecting such performance. On that basis, the Board determined to continue to monitor carefully disparities in performance—both positive and negative—but did not believe that the disparities in the past reflected any characteristics requiring immediate action by WTAM or a Sub-Adviser.

The Board also reviewed the range of actual management fees and total expenses of the Expense Group funds and, with respect to total expenses, Expense Universe funds, and discussed the results of the comparisons. With respect to comparisons of actual management fees, the Board noted the Funds’ unitary fee structure and that the Expense Groups and Expense Universes generally included both ETFs with and without a unitary fee structure. The Board also noted that certain comparison funds in certain Expense Groups and Expense Universes benefited from waivers of all or a portion of their management fees and reimbursement of certain operating expenses. The Board noted that the total expenses of many of the Funds were within five basis points of the median or average total expenses of the funds in the Funds’ respective Expense Groups. In those specific instances where a Fund’s total expenses departed more significantly from comparative funds, the Independent Trustees sought explanations from WTAM, which generally attributed the disparities to the limitations within peer data and/or the unique attributes of a Fund.

The Board considered the fees to the Sub-Advisers in relation to the fees paid to WTAM by the Funds and the respective services provided by the Sub-Advisers and WTAM. The Board also noted that the Sub-Advisers’ fees are paid by WTAM (out of its fee paid by the relevant Funds) and not the Funds. The Board considered the meaningful differences in the services that WTAM provides to the Funds as compared to the Sub-Advisers, including that the role of a Sub-Adviser in making investment recommendations with respect to a Fund tracking an index is a rules-based function, with oversight by WTAM in seeking to ensure compliance with such rules. The Board also considered the role of a Sub-Adviser in making investment recommendations with respect to a Fund that is model-based, with oversight by WTAM in seeking to ensure consistency with such quantitative models. The Board also considered the entrepreneurial and expense risk borne by WTAM that is associated with Funds’ unitary fee structure, which frequently includes minimum fees (such as those to a Sub-Adviser), regardless of whether the asset size of a Fund has grown to a sufficient size.

Based on this review and the other factors considered at the Meeting, the Board concluded that, with respect to each Fund, the Fund’s performance, the fees paid to WTAM and the relevant Sub-Adviser and the Fund’s total expenses supported the Board’s approval and renewal of the relevant Agreements.

Analysis of Profitability and Economies of Scale. WTAM representatives reviewed the expenses allocated and profit received by WTAM and the resulting profitability percentage for managing each Fund and the aggregate profitability percentage to WTAM for managing the WisdomTree fund complex, and the method used to determine the expenses and profit.

The Board considered the profitability analysis (1) as part of its evaluation of whether the fees under the Agreements bear a reasonable relationship to the mix of services provided by WTAM and the Sub-Advisers, including the nature, extent and quality of such services, and (2) in light of the relevant circumstances for each Fund and the extent to which economies of scale would be realized if the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund shareholders. WTAM representatives noted that a discussion of economies of scale is predicated on a Fund having achieved a substantial size and that, if a Fund’s assets had been decreasing, the possibility that WTAM may have realized material economies of scale would be less. WTAM representatives also noted that, as a result of shared and allocated costs among the WisdomTree funds, the extent of economies of scale could depend substantially on the level of assets in the fund complex as a whole and the relative size and asset size changes among the Funds. The Board noted that, in the past, certain Funds had grown rapidly over a relatively short period of time after longer periods of slow or no growth, during which there were years of losses for WTAM in managing such Funds that had only recently turned profitable and years of substantial cumulative losses to WTAM in managing the fund complex as a whole. WTAM representatives stated that there has been significant volatility in the assets of individual Funds and in the fund complex as a whole over time (including volatility in profitability) and that it was not clear that current asset levels will be maintained. WTAM representatives noted that assets in certain Funds have diminished at times at a rapid rate (including during the last year) and could continue to do so. WTAM representatives also noted that economies of scale currently are shared with the Funds by way of the unitary fee structure of the Trust, as well as through additional investment in the WisdomTree business. The Board noted that the

 

WisdomTree Trust      107  


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) (concluded)

 

Contracts Review Committee had focused on the issue of economies of scale during its meetings. The Board also noted that it would continue to monitor the sharing of economies of scale, focusing in particular on Funds that have experienced significant asset growth, to determine the appropriateness of adding breakpoints in the future. The Board also considered potential benefits to WTAM and the Sub-Advisers from acting as investment adviser and sub-advisers, respectively, and noted that there were no soft dollar arrangements in effect for trading the Funds’ investments. Based on this review, the Board concluded that the profitability results were consistent with the services rendered and service levels provided by WTAM and the entrepreneurial risk WTAM has undertaken over time.

*    *    *    *    *    *

At the conclusion of these discussions, the Board agreed that it had been furnished with sufficient information to make an informed business decision with respect to the approval to renew the Agreements. In evaluating the Agreements, the Board considered the conclusions and determinations discussed above and also relied on its previous knowledge, gained through meetings and other interactions with WTAM and the Sub-Advisers, of the Funds and the services provided to the Funds by WTAM and the Sub-Advisers. The Board also relied on information received on a routine and regular basis throughout the year relating to the operations of the Funds and the investment advisory and other services provided under the Agreements. In light of the foregoing, the Board, including a majority of the Independent Trustees, determined to approve the renewal of the Agreements.

 

108   WisdomTree Trust


General Information (unaudited)

 

Proxy Voting Policies, Procedures and Record

A complete copy of the Proxy Voting Policy may be obtained upon request, at no charge, by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o Foreside Fund Services, LLC, Three Canal Plaza Suite 100, Portland, ME, 04101.

The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent

12-month period ended June 30 and to file Form N-PX with the SEC no later than August 31 of each year. The current Form N-PX for the Funds is available at no charge upon request by calling 1-866-909-WISE (9473) or through the Trust’s website at www.wisdomtree.com. The Funds’ Form N-PX is also available on the SEC’s website at www.sec.gov.

Shareholder Reports and Quarterly Portfolio Disclosure

The Funds file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. Copies of the filings are available, without charge, on the SEC’s website at www.sec.gov and are also available by calling the Trust at 1-866-909-WISE (9473). Copies of the filings may also be obtained, after paying a duplicating fee, by electronic request at the following E-mail address: publicinfo@sec.gov.

Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.

The Statement of Additional Information (“SAI”) has additional information about the Funds’ Trustees and Officers and is available without charge upon request. Contact your financial representative for a free prospectus or SAI.

Frequency Distribution of Discounts & Premiums

Information about differences between the per share net asset value of each Fund and the market trading price of shares of each Fund are available, without charge, at www.wisdomtree.com.

 

WisdomTree Trust      109  


The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission as separate series (“Funds”) of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree, Inc., serves as the investment adviser to the Trust. None of the WisdomTree entities are affiliated with Foreside Fund Services, LLC, the Funds’ distributor. WisdomTree, its affiliates and their independent providers are not liable for any informational errors, incompleteness, delays, or for any actions taken in reliance on information contained herein.

There are risks associated with investing including possible loss of principal. Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Investments in real estate involve additional special risks, such as credit risk, interest rate fluctuations and the effect of varied economic conditions. Funds that focus their investments in one country or region may be significantly impacted by events and developments associated with the region which can adversely affect performance. Funds focusing on a single sector and/or smaller companies generally experience greater price volatility. Investments in emerging, offshore or frontier markets are generally less liquid and less efficient than investments in developed markets and are subject to additional risks, such as risks of adverse governmental regulation and intervention or political developments. Investments in currency involve additional special risks, such as credit risk and interest rate fluctuations. Derivative investments can be volatile and these investments may be less liquid than other securities, and more sensitive to the effect of varied economic conditions. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting such issuers. Dividends are not guaranteed, and a company currently paying dividends may cease paying dividends at any time. Due to the investment strategy of certain Funds they may make higher capital gain distributions than other ETFs. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.

Indexes are unmanaged and you cannot invest directly in an index.

Transactions in Fund shares will result in brokerage commissions and will generate tax consequences. Shares may be sold through brokerage accounts, but may be redeemed from the Funds only by Authorized Participants in large creation unit sizes of shares.

This report is intended for the Funds’ shareholders. It may not be distributed to prospective investors unless it is preceded or accompanied by the current prospectus.


 

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WisdomTree Fund shares are distributed by Foreside Fund Services, LLC, in the U.S.

WTGM-6985


Item 2.

Code of Ethics.

Not applicable.

 

Item 3.

Audit Committee Financial Expert.

Not applicable.

 

Item 4.

Principal Accountant Fees and Services.

Not applicable.

 

Item 5.

Audit Committee of Listed Registrants.

Not applicable.

 

Item 6.

Investments.

 

(a)

Schedule of Investments in securities of unaffiliated issuers as of the close of the reporting period is included as part of the report to shareholders filed under Item 1 of this form.

 

(b)

Not applicable.

 

Item 7.

Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable.

 

Item 8.

Portfolio Managers of Closed-End Management Investment Companies.

Not applicable.

 

Item 9.

Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable.


Item 10.

Submission of Matters to a Vote of Security Holders.

There have been no material changes to the procedures by which the shareholders may recommend nominees to the registrant’s board of trustees, where those changes were implemented after the registrant last provided disclosure in response to the requirements of Item 407(c)(2)(iv) of Regulation S-K (17 CFR 229.407) (as required by Item 22(b)(15) of Schedule 14A (17 CFR 240.14a-101)), or this Item.

 

Item 11.

Controls and Procedures.

 

  (a)

The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(b)).

 

  (b)

There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

Item 12.

Disclosure of Securities Lending Activities for Closed-End Management Investment Companies

Not applicable.

 

Item 13.

Exhibits.

 

  (a)(1)

Not applicable.

 

  (a)(2)

Certifications pursuant to Rule 30a-2(a) under the 1940 Act and Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto.

 

  (a)(3)

Not applicable.

 

  (a)(4)

Not applicable.

 

  (b)

Certifications pursuant to Rule 30a-2(b) under the 1940 Act and Section 906 of the Sarbanes-Oxley Act of 2002 are attached hereto.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant)   

WisdomTree Trust

  
By (Signature and Title)   

/s/ Jonathan Steinberg

  
   Jonathan L. Steinberg, President   
   (principal executive officer)   
Date: December 8, 2022      

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By (Signature and Title)   

/s/ Jonathan Steinberg

  
   Jonathan L. Steinberg, President   
   (principal executive officer)   
Date: December 8, 2022      
By (Signature and Title)   

/s/ David Castano

  
   David Castano, Treasurer   
   (principal financial officer)   
Date: December 8, 2022