0001193125-23-291317.txt : 20231208 0001193125-23-291317.hdr.sgml : 20231208 20231208094313 ACCESSION NUMBER: 0001193125-23-291317 CONFORMED SUBMISSION TYPE: N-CSRS PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20230930 FILED AS OF DATE: 20231208 DATE AS OF CHANGE: 20231208 EFFECTIVENESS DATE: 20231208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WisdomTree Trust CENTRAL INDEX KEY: 0001350487 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: N-CSRS SEC ACT: 1940 Act SEC FILE NUMBER: 811-21864 FILM NUMBER: 231474178 BUSINESS ADDRESS: STREET 1: 250 WEST 34TH STREET STREET 2: 3RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10119 BUSINESS PHONE: 212.801.2080 MAIL ADDRESS: STREET 1: 250 WEST 34TH STREET STREET 2: 3RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10119 0001350487 S000012379 WisdomTree U.S. Total Dividend Fund C000033617 WisdomTree U.S. Total Dividend Fund DTD 0001350487 S000012380 WisdomTree Japan Hedged Equity Fund C000033618 WisdomTree Japan Hedged Equity Fund DXJ 0001350487 S000012381 WisdomTree Global ex-U.S. Quality Dividend Growth Fund C000033619 WisdomTree Global ex-U.S. Quality Dividend Growth Fund DNL 0001350487 S000012382 WisdomTree Japan SmallCap Dividend Fund C000033620 WisdomTree Japan SmallCap Dividend Fund DFJ 0001350487 S000012384 WisdomTree International LargeCap Dividend Fund C000033622 WisdomTree International LargeCap Dividend Fund DOL 0001350487 S000012385 WisdomTree International MidCap Dividend Fund C000033623 WisdomTree International MidCap Dividend Fund DIM 0001350487 S000012386 WisdomTree International SmallCap Dividend Fund C000033624 WisdomTree International SmallCap Dividend Fund DLS 0001350487 S000012387 WisdomTree U.S. AI Enhanced Value Fund C000033625 WisdomTree U.S. AI Enhanced Value Fund AIVL 0001350487 S000012388 WisdomTree International Equity Fund C000033626 WisdomTree International Equity Fund DWM 0001350487 S000012389 WisdomTree International AI Enhanced Value Fund C000033627 WisdomTree International AI Enhanced Value Fund AIVI 0001350487 S000012390 WisdomTree U.S. High Dividend Fund C000033628 WisdomTree U.S. High Dividend Fund DHS 0001350487 S000012392 WisdomTree U.S. LargeCap Dividend Fund C000033630 WisdomTree U.S. LargeCap Dividend Fund DLN 0001350487 S000012393 WisdomTree U.S. MidCap Dividend Fund C000033631 WisdomTree U.S. MidCap Dividend Fund DON 0001350487 S000012394 WisdomTree U.S. SmallCap Dividend Fund C000033632 WisdomTree U.S. SmallCap Dividend Fund DES 0001350487 S000012395 WisdomTree International High Dividend Fund C000033633 WisdomTree International High Dividend Fund DTH 0001350487 S000012397 WisdomTree Global High Dividend Fund C000033635 WisdomTree Global High Dividend Fund DEW 0001350487 S000012398 WisdomTree Europe SmallCap Dividend Fund C000033636 WisdomTree Europe SmallCap Dividend Fund DFE 0001350487 S000015479 WisdomTree U.S. Value Fund C000042125 WisdomTree U.S. Value Fund WTV 0001350487 S000015483 WisdomTree Emerging Markets High Dividend Fund C000042129 WisdomTree Emerging Markets High Dividend Fund DEM 0001350487 S000015502 WisdomTree New Economy Real Estate Fund C000042148 WisdomTree New Economy Real Estate Fund WTRE 0001350487 S000015504 WisdomTree U.S. ESG Fund C000042150 WisdomTree U.S. ESG Fund RESP 0001350487 S000015505 WisdomTree U.S. LargeCap Fund C000042151 WisdomTree U.S. LargeCap Fund EPS 0001350487 S000015506 WisdomTree U.S. MidCap Fund C000042152 WisdomTree U.S. MidCap Fund EZM 0001350487 S000015507 WisdomTree U.S. SmallCap Fund C000042153 WisdomTree U.S. SmallCap Fund EES 0001350487 S000019332 WisdomTree Emerging Markets SmallCap Dividend Fund C000053725 WisdomTree Emerging Markets SmallCap Dividend Fund DGS 0001350487 S000020636 WisdomTree India Earnings Fund C000057625 WisdomTree India Earnings Fund EPI 0001350487 S000023597 WisdomTree Europe Hedged Equity Fund C000069425 WisdomTree Europe Hedged Equity Fund HEDJ 0001350487 S000036809 WisdomTree China ex-State-Owned Enterprises Fund C000112567 WisdomTree China ex-State-Owned Enterprises Fund CXSE 0001350487 S000040816 WisdomTree U.S. Quality Dividend Growth Fund C000126584 WisdomTree U.S. Quality Dividend Growth Fund DGRW 0001350487 S000040817 WisdomTree U.S. SmallCap Quality Dividend Growth Fund C000126585 WisdomTree U.S. SmallCap Quality Dividend Growth Fund DGRS 0001350487 S000041190 WisdomTree Japan Hedged SmallCap Equity Fund C000127778 WisdomTree Japan Hedged SmallCap Equity Fund DXJS 0001350487 S000041396 WisdomTree Germany Hedged Equity Fund C000128387 WisdomTree Germany Hedged Equity Fund DXGE 0001350487 S000041433 WisdomTree Emerging Markets Quality Dividend Growth Fund C000128625 WisdomTree Emerging Markets Quality Dividend Growth Fund DGRE 0001350487 S000043768 WisdomTree International Hedged Quality Dividend Growth Fund C000135785 WisdomTree International Hedged Quality Dividend Growth Fund IHDG 0001350487 S000045345 WisdomTree Europe Quality Dividend Growth Fund C000141114 WisdomTree Europe Quality Dividend Growth Fund EUDG 0001350487 S000046464 WisdomTree Emerging Markets ex-State-Owned Enterprises Fund C000145138 WisdomTree Emerging Markets ex-State-Owned Enterprises Fund XSOE 0001350487 S000048091 WisdomTree Europe Hedged SmallCap Equity Fund C000151994 WisdomTree Europe Hedged SmallCap Equity Fund EUSC 0001350487 S000052973 WisdomTree International Quality Dividend Growth Fund C000166521 WisdomTree International Quality Dividend Growth Fund IQDG 0001350487 S000058010 WisdomTree U.S. Multifactor Fund C000189527 WisdomTree U.S. Multifactor Fund USMF 0001350487 S000062304 WisdomTree Emerging Markets Multifactor Fund C000202064 WisdomTree Emerging Markets Multifactor Fund EMMF 0001350487 S000062306 WisdomTree International Multifactor Fund C000202067 WisdomTree International Multifactor Fund DWMF 0001350487 S000064748 WisdomTree India ex-State-Owned Enterprises Fund C000209692 WisdomTree India ex-State-Owned Enterprises Fund IXSE 0001350487 S000065442 WisdomTree Growth Leaders Fund C000211609 WisdomTree Growth Leaders Fund PLAT 0001350487 S000072207 WisdomTree U.S. Growth & Momentum Fund C000228046 WisdomTree U.S. Growth & Momentum Fund WGRO 0001350487 S000079066 WisdomTree U.S. Quality Growth Fund C000239901 WisdomTree U.S. Quality Growth Fund QGRW N-CSRS 1 d271735dncsrs.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

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, 2023

 

 

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 herewith.

 

(b)

Not applicable.


LOGO

 

LOGO

 

WisdomTree Trust

Semi-Annual Report

September 30, 2023

 

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. Quality Growth Fund (QGRW)

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)

       18  
Schedules of Investments (unaudited)     

WisdomTree U.S. AI Enhanced Value Fund

       21  

WisdomTree U.S. ESG Fund

       24  

WisdomTree U.S. Growth & Momentum Fund

       29  

WisdomTree U.S. High Dividend Fund

       31  

WisdomTree U.S. LargeCap Dividend Fund

       37  

WisdomTree U.S. LargeCap Fund

       42  

WisdomTree U.S. MidCap Dividend Fund

       49  

WisdomTree U.S. MidCap Fund

       55  

WisdomTree U.S. Multifactor Fund

       63  

WisdomTree U.S. Quality Dividend Growth Fund

       67  

WisdomTree U.S. Quality Growth Fund

       72  

WisdomTree U.S. SmallCap Dividend Fund

       74  

WisdomTree U.S. SmallCap Fund

       82  

WisdomTree U.S. SmallCap Quality Dividend Growth Fund

       93  

WisdomTree U.S. Total Dividend Fund

       98  

WisdomTree U.S. Value Fund

       108  

Statements of Assets and Liabilities (unaudited)

       111  

Statements of Operations (unaudited)

       115  

Statements of Changes in Net Assets (unaudited)

       119  

Financial Highlights (unaudited)

       125  

Notes to Financial Statements (unaudited)

       133  

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

       143  

General Information (unaudited)

       146  

“WisdomTree” is a registered mark of WisdomTree, Inc. (formerly, WisdomTree Investments, 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/investments.

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, 2023 to September 30, 2023. 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 183/366 (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, 2023 (unaudited)

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

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    20.0%  

Industrials

    18.4%  

Health Care

    13.9%  

Materials

    9.3%  

Utilities

    9.2%  

Consumer Staples

    9.1%  

Energy

    6.0%  

Communication Services

    5.3%  

Information Technology

    4.3%  

Consumer Discretionary

    2.7%  

Real Estate

    0.7%  

Investment Company

    0.4%  

Other Assets less Liabilities‡

    0.7%  

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.

 

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  

Comcast Corp., Class A

    3.5%  

Altria Group, Inc.

    3.4%  

Abbott Laboratories

    3.3%  

Williams Cos., Inc.

    3.3%  

Intercontinental Exchange, Inc.

    3.3%  

Keurig Dr Pepper, Inc.

    3.1%  

Fortive Corp.

    3.1%  

3M Co.

    3.0%  

NiSource, Inc.

    3.0%  

Citigroup, Inc.

    2.9%  
*

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. 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.

Shareholder Expense Example (for the six-month period ended September 30, 2023)

 

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

Actual

   $ 1,000.00      $ 984.80        0.38   $ 1.89  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.10        0.38   $ 1.92  

Performance

 

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

Fund NAV Returns1

       -1.52      11.86      8.56      2.84      6.79

Fund Market Price Returns1

       -1.46      11.92      8.51      2.83      6.79

Russell 1000® Value Index

       0.78      14.44      11.05      6.23      8.45
*

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, 2023 (unaudited)

WisdomTree U.S. ESG Fund (RESP)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    29.0%  

Health Care

    14.0%  

Financials

    13.0%  

Consumer Discretionary

    11.2%  

Communication Services

    9.3%  

Industrials

    9.1%  

Consumer Staples

    6.6%  

Materials

    2.7%  

Real Estate

    2.6%  

Utilities

    2.4%  

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.

 

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.

    6.4%  

Microsoft Corp.

    5.5%  

Alphabet, Inc., Class A

    4.1%  

Amazon.com, Inc.

    2.9%  

NVIDIA Corp.

    2.7%  

Meta Platforms, Inc., Class A

    1.9%  

Visa, Inc., Class A

    1.2%  

JPMorgan Chase & Co.

    1.1%  

Mastercard, Inc., Class A

    1.0%  

Eli Lilly & Co.

    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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,032.10        0.28   $ 1.42  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.60        0.28   $ 1.42  

Performance

 

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

Fund NAV Returns1

       3.21      17.11      8.17      7.56      10.12

Fund Market Price Returns1

       3.31      17.15      8.09      7.57      10.11

MSCI USA Extended ESG Focus Index2

       4.64      20.42      8.88      9.82      N/A  

S&P 500® Index

       5.18      21.62      10.15      9.92      11.91
*

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, 2023 (unaudited)

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

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    23.6%  

Consumer Discretionary

    23.3%  

Information Technology

    23.1%  

Financials

    11.4%  

Health Care

    8.2%  

Materials

    3.8%  

Energy

    2.5%  

Consumer Staples

    2.1%  

Communication Services

    2.0%  

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  

Grand Canyon Education, Inc.

    2.6%  

Booking Holdings, Inc.

    2.4%  

U.S. Foods Holding Corp.

    2.1%  

Atkore, Inc.

    2.1%  

Intuitive Surgical, Inc.

    2.0%  

Howmet Aerospace, Inc.

    2.0%  

Madison Square Garden Sports Corp.

    2.0%  

Broadcom, Inc.

    2.0%  

Royal Caribbean Cruises Ltd.

    2.0%  

Insight Enterprises, 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. 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,004.80        0.55   $ 2.76  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.25        0.55   $ 2.78  

Performance

 

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

Fund NAV Returns

       0.48      13.44      -8.78

Fund Market Price Returns

       0.48      13.55      -8.74

O’Neil Growth Index

       0.78      14.13      -8.23

Russell 1000® Growth Index

       9.28      27.72      0.73

MSCI USA Momentum Index

       1.39      8.92      -6.34
*

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, 2023 (unaudited)

WisdomTree U.S. High Dividend Fund (DHS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Energy

    21.9%  

Financials

    18.2%  

Utilities

    12.3%  

Health Care

    11.3%  

Consumer Staples

    11.1%  

Information Technology

    7.2%  

Real Estate

    4.9%  

Consumer Discretionary

    4.1%  

Communication Services

    3.7%  

Materials

    2.6%  

Industrials

    2.3%  

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.

 

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.

    6.2%  

Chevron Corp.

    5.3%  

AbbVie, Inc.

    5.1%  

Philip Morris International, Inc.

    4.4%  

Cisco Systems, Inc.

    4.2%  

Altria Group, Inc.

    3.7%  

Pfizer, Inc.

    3.6%  

AT&T, Inc.

    2.6%  

International Business Machines Corp.

    2.4%  

Pioneer Natural Resources Co.

    2.3%  
*

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. 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, 2023)

 

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

Actual

   $ 1,000.00      $ 968.30        0.38   $ 1.87  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.10        0.38   $ 1.92  

Performance

 

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

Fund NAV Returns

       -3.17      7.32      12.03      5.56      7.95

Fund Market Price Returns

       -3.11      7.32      11.96      5.57      7.95

WisdomTree U.S. High Dividend Index

       -2.96      7.81      12.53      5.97      8.37

Russell 1000® Value Index

       0.78      14.44      11.05      6.23      8.45
*

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      5  


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    18.4%  

Health Care

    16.1%  

Financials

    14.1%  

Consumer Staples

    12.1%  

Energy

    11.5%  

Industrials

    9.5%  

Consumer Discretionary

    5.1%  

Utilities

    4.9%  

Real Estate

    4.2%  

Communication Services

    2.3%  

Materials

    1.6%  

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  

Apple, Inc.

    4.2%  

Microsoft Corp.

    4.2%  

Exxon Mobil Corp.

    4.1%  

Chevron Corp.

    2.6%  

AbbVie, Inc.

    2.4%  

JPMorgan Chase & Co.

    2.1%  

Merck & Co., Inc.

    1.7%  

Broadcom, Inc.

    1.7%  

Johnson & Johnson

    1.7%  

Cisco Systems, Inc.

    1.7%  
*

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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,006.20        0.28   $ 1.40  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.60        0.28   $ 1.42  

Performance

 

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

Fund NAV Returns

       0.62      14.31      10.90      7.99      10.07

Fund Market Price Returns

       0.67      14.28      10.82      8.00      10.07

WisdomTree U.S. LargeCap Dividend Index

       0.74      14.60      11.25      8.31      10.39

S&P 500® Index

       5.18      21.62      10.15      9.92      11.91

Russell 1000® Value Index

       0.78      14.44      11.05      6.23      8.45
*

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.

 

6   WisdomTree Trust


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree U.S. LargeCap Fund (EPS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    21.7%  

Communication Services

    15.5%  

Financials

    14.6%  

Health Care

    12.6%  

Energy

    9.4%  

Consumer Discretionary

    7.3%  

Industrials

    6.8%  

Consumer Staples

    5.7%  

Materials

    2.5%  

Utilities

    2.1%  

Real Estate

    1.6%  

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  

Alphabet, Inc., Class A

    5.8%  

Apple, Inc.

    5.5%  

Meta Platforms, Inc., Class A

    5.2%  

Microsoft Corp.

    4.9%  

Exxon Mobil Corp.

    2.8%  

JPMorgan Chase & Co.

    1.8%  

Berkshire Hathaway, Inc., Class B

    1.6%  

Chevron Corp.

    1.5%  

Amazon.com, Inc.

    1.3%  

NVIDIA Corp.

    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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,054.50        0.08   $ 0.41  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,024.60        0.08   $ 0.40  

Performance

 

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

Fund NAV Returns

       5.45      21.54      10.88      9.06      11.01

Fund Market Price Returns

       5.51      21.58      10.80      9.06      11.01

WisdomTree U.S. LargeCap Index

       5.47      21.69      10.95      9.18      11.23

S&P 500® Index

       5.18      21.62      10.15      9.92      11.91
*

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, 2023 (unaudited)

WisdomTree U.S. MidCap Dividend Fund (DON)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    23.7%  

Industrials

    17.4%  

Consumer Discretionary

    11.3%  

Materials

    9.0%  

Energy

    8.6%  

Utilities

    8.5%  

Real Estate

    8.5%  

Information Technology

    5.0%  

Consumer Staples

    2.7%  

Health Care

    2.7%  

Communication Services

    2.4%  

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  

Chesapeake Energy Corp.

    1.2%  

Packaging Corp. of America

    1.2%  

Vistra Corp.

    1.0%  

Watsco, Inc.

    1.0%  

International Paper Co.

    1.0%  

Ares Management Corp., Class A

    1.0%  

Snap-on, Inc.

    0.9%  

Fidelity National Financial, Inc.

    0.9%  

Franklin Resources, Inc.

    0.8%  

Viatris, 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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,012.00        0.38   $ 1.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.10        0.38   $ 1.92  

Performance

 

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

Fund NAV Returns

       1.20      11.84      15.20      4.85      8.67

Fund Market Price Returns

       1.21      11.87      15.15      4.85      8.65

WisdomTree U.S. MidCap Dividend Index

       1.36      12.37      15.73      5.22      9.05

S&P MidCap 400® Index

       0.45      15.51      12.05      6.06      8.94

Russell Midcap Value Index

       -0.77      11.05      10.98      5.18      7.92
*

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, 2023 (unaudited)

WisdomTree U.S. MidCap Fund (EZM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    20.6%  

Consumer Discretionary

    18.4%  

Financials

    17.5%  

Information Technology

    9.7%  

Materials

    8.6%  

Energy

    8.5%  

Health Care

    5.5%  

Real Estate

    4.0%  

Consumer Staples

    2.8%  

Utilities

    2.0%  

Communication Services

    2.0%  

Investment Company

    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.

 

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  

Builders FirstSource, Inc.

    2.0%  

Ally Financial, Inc.

    0.9%  

Avis Budget Group, Inc.

    0.9%  

Cleveland-Cliffs, Inc.

    0.8%  

Penske Automotive Group, Inc.

    0.8%  

U.S. Steel Corp.

    0.8%  

Owens Corning

    0.8%  

PBF Energy, Inc., Class A

    0.8%  

AutoNation, Inc.

    0.8%  

Lithia Motors, 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,026.70        0.38   $ 1.93  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.10        0.38   $ 1.92  

Performance

 

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

Fund NAV Returns

       2.67      17.16      15.76      5.83      8.35

Fund Market Price Returns

       2.60      17.23      15.69      5.79      8.33

WisdomTree U.S. MidCap Index

       2.88      17.65      16.20      6.20      8.70

S&P MidCap 400® Index

       0.45      15.51      12.05      6.06      8.94

Russell Midcap Value Index

       -0.77      11.05      10.98      5.18      7.92
*

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, 2023 (unaudited)

WisdomTree U.S. Multifactor Fund (USMF)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    28.1%  

Health Care

    13.1%  

Financials

    12.5%  

Consumer Discretionary

    10.7%  

Communication Services

    8.8%  

Industrials

    8.7%  

Consumer Staples

    6.3%  

Energy

    4.5%  

Materials

    2.5%  

Real Estate

    2.4%  

Utilities

    2.3%  

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  

VMware, Inc., Class A

    1.4%  

CCC Intelligent Solutions Holdings, Inc.

    1.4%  

International Business Machines Corp.

    1.3%  

Insight Enterprises, Inc.

    1.3%  

VeriSign, Inc.

    1.2%  

Jabil, Inc.

    1.2%  

Cisco Systems, Inc.

    1.2%  

Motorola Solutions, Inc.

    1.2%  

T-Mobile U.S., Inc.

    1.2%  

Gartner, Inc.

    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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,032.10        0.28   $ 1.42  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.60        0.28   $ 1.42  

Performance

 

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

Fund NAV Returns

       3.21      14.28      8.76      6.27      8.93

Fund Market Price Returns

       3.23      14.26      8.71      6.26      8.90

WisdomTree U.S. Multifactor Index

       3.39      14.61      9.07      6.48      9.12

S&P 500® Index

       5.18      21.62      10.15      9.92      11.53

S&P 500® Equal Weight Index

       -1.11      13.64      11.45      7.97      9.22

Russell 3000 Index

       4.86      20.46      9.38      9.14      10.87
*

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, 2023 (unaudited)

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

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    29.4%  

Consumer Staples

    16.4%  

Industrials

    14.5%  

Health Care

    13.7%  

Financials

    12.1%  

Consumer Discretionary

    9.2%  

Materials

    2.1%  

Real Estate

    1.1%  

Energy

    0.6%  

Utilities

    0.4%  

Communication Services

    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  

Microsoft Corp.

    8.6%  

Apple, Inc.

    5.7%  

Broadcom, Inc.

    3.5%  

Johnson & Johnson

    3.5%  

Procter & Gamble Co.

    2.8%  

Home Depot, Inc.

    2.5%  

Merck & Co., Inc.

    2.3%  

Cisco Systems, Inc.

    2.3%  

Coca-Cola Co.

    2.2%  

Walmart, Inc.

    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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,027.40        0.28   $ 1.42  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.60        0.28   $ 1.42  

Performance

 

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

Fund NAV Returns

       2.74      20.21      10.83      9.80      11.98

Fund Market Price Returns

       2.80      20.19      10.75      9.80      11.97

WisdomTree U.S. Quality Dividend Growth Index

       2.88      20.59      11.16      10.13      12.30

S&P 500® Index

       5.18      21.62      10.15      9.92      11.91

Russell 3000® Index

       4.86      20.46      9.38      9.14      11.28
*

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      11  


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree U.S. Quality Growth Fund (QGRW)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    45.2%  

Consumer Discretionary

    15.7%  

Communication Services

    12.9%  

Financials

    11.0%  

Health Care

    9.2%  

Industrials

    3.6%  

Materials

    1.2%  

Consumer Staples

    0.5%  

Real Estate

    0.5%  

Energy

    0.2%  

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  

Apple, Inc.

    12.0%  

Microsoft Corp.

    10.8%  

Alphabet, Inc., Class A

    6.5%  

NVIDIA Corp.

    5.8%  

Amazon.com, Inc.

    5.1%  

Tesla, Inc.

    4.5%  

Meta Platforms, Inc., Class A

    3.8%  

Visa, Inc., Class A

    3.4%  

UnitedHealth Group, Inc.

    3.4%  

Mastercard, Inc., Class A

    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 U.S. Quality Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Quality Growth Index (the “Index”). In seeking to track the Index, the Fund invests in U.S. large-capitalization and mid-capitalization companies with the highest composite scores based on two fundamental factors: growth and quality, which are equally weighted. 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,118.40        0.28   $ 1.48  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.60        0.28   $ 1.42  

Performance

 

   
        Cumulative Total Return  
        6-Month      Since Inception1  

Fund NAV Returns

       11.84      26.44

Fund Market Price Returns

       11.91      26.52

WisdomTree U.S. Quality Growth Index

       11.98      26.69

Russell 1000 Growth Index

       9.28      17.84
1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on December 15, 2022.

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, 2023 (unaudited)

WisdomTree U.S. SmallCap Dividend Fund (DES)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    21.9%  

Industrials

    18.6%  

Consumer Discretionary

    14.3%  

Real Estate

    9.3%  

Materials

    8.4%  

Energy

    7.8%  

Consumer Staples

    6.0%  

Information Technology

    4.4%  

Utilities

    3.6%  

Communication Services

    3.1%  

Health Care

    2.4%  

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  

CONSOL Energy, Inc.

    1.2%  

Arch Resources, Inc.

    1.0%  

EPR Properties

    0.9%  

Cogent Communications Holdings, Inc.

    0.9%  

Radian Group, Inc.

    0.9%  

MDC Holdings, Inc.

    0.8%  

Greif, Inc., Class A

    0.7%  

Sabra Health Care REIT, Inc.

    0.7%  

California Resources Corp.

    0.7%  

Jackson Financial, Inc., Class A

    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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,002.70        0.38   $ 1.90  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.10        0.38   $ 1.92  

Performance

 

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

Fund NAV Returns

       0.27      12.88      13.33      1.85      6.10

Fund Market Price Returns

       0.29      12.82      13.27      1.84      6.08

WisdomTree U.S. SmallCap Dividend Index

       0.41      13.39      13.74      2.24      6.43

Russell 2000® Index

       -0.19      8.93      7.16      2.40      6.65

Russell 2000® Value Index

       0.13      7.84      13.32      2.59      6.19
*

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, 2023 (unaudited)

WisdomTree U.S. SmallCap Fund (EES)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    22.6%  

Consumer Discretionary

    21.9%  

Industrials

    18.4%  

Information Technology

    7.5%  

Health Care

    7.2%  

Energy

    5.4%  

Materials

    5.3%  

Real Estate

    4.0%  

Communication Services

    3.6%  

Consumer Staples

    3.2%  

Utilities

    0.9%  

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  

Matson, Inc.

    1.1%  

MDC Holdings, Inc.

    1.0%  

Tri Pointe Homes, Inc.

    0.9%  

Genworth Financial, Inc., Class A

    0.8%  

Warrior Met Coal, Inc.

    0.8%  

Gulfport Energy Corp.

    0.8%  

M/I Homes, Inc.

    0.8%  

Century Communities, Inc.

    0.7%  

LCI Industries

    0.6%  

Par Pacific Holdings, 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,007.20        0.38   $ 1.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.10        0.38   $ 1.92  

Performance

 

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

Fund NAV Returns

       0.72      12.07      14.78      3.23      7.22

Fund Market Price Returns

       0.91      12.16      14.79      3.22      7.21

WisdomTree U.S. SmallCap Index

       1.02      12.63      15.26      3.56      7.49

Russell 2000® Index

       -0.19      8.93      7.16      2.40      6.65

Russell 2000® Value Index

       0.13      7.84      13.32      2.59      6.19
*

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.

 

14   WisdomTree Trust


Performance Summary

as of September 30, 2023 (unaudited)

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

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    23.3%  

Industrials

    20.9%  

Consumer Discretionary

    20.3%  

Materials

    9.5%  

Energy

    6.4%  

Consumer Staples

    5.5%  

Information Technology

    3.6%  

Real Estate

    3.6%  

Health Care

    3.4%  

Communication Services

    1.7%  

Utilities

    1.7%  

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  

CONSOL Energy, Inc.

    2.6%  

Arch Resources, Inc.

    2.1%  

Moelis & Co., Class A

    1.9%  

SL Green Realty Corp.

    1.7%  

Scotts Miracle-Gro Co.

    1.7%  

Artisan Partners Asset Management, Inc., Class A

    1.7%  

LCI Industries

    1.5%  

NewMarket Corp.

    1.4%  

Carter’s, Inc.

    1.3%  

Kontoor Brands, 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. 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,006.60        0.38   $ 1.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.10        0.38   $ 1.92  

Performance

 

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

Fund NAV Returns

       0.66      18.19      13.22      4.56      7.24

Fund Market Price Returns

       0.71      18.17      13.16      4.55      7.22

WisdomTree U.S. SmallCap Quality Dividend Growth Index

       0.84      18.54      13.64      4.91      7.55

Russell 2000® Index

       -0.19      8.93      7.16      2.40      6.65
*

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, 2023 (unaudited)

WisdomTree U.S. Total Dividend Fund (DTD)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    16.5%  

Financials

    15.7%  

Health Care

    14.3%  

Energy

    11.2%  

Consumer Staples

    11.0%  

Industrials

    10.4%  

Consumer Discretionary

    6.0%  

Utilities

    5.2%  

Real Estate

    4.5%  

Materials

    2.5%  

Communication Services

    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  

Apple, Inc.

    3.7%  

Microsoft Corp.

    3.7%  

Exxon Mobil Corp.

    3.5%  

Chevron Corp.

    2.3%  

AbbVie, Inc.

    2.0%  

JPMorgan Chase & Co.

    1.8%  

Broadcom, Inc.

    1.5%  

Merck & Co., Inc.

    1.5%  

Johnson & Johnson

    1.5%  

Cisco Systems, Inc.

    1.5%  
*

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. 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,006.00        0.28   $ 1.40  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.60        0.28   $ 1.42  

Performance

 

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

Fund NAV Returns

       0.60      13.82      11.43      7.43      9.76

Fund Market Price Returns

       0.61      13.86      11.36      7.42      9.76

WisdomTree U.S. Dividend Index

       0.77      14.35      11.82      7.76      10.09

Russell 3000® Index

       4.86      20.46      9.38      9.14      11.28

Russell 3000® Value Index

       0.75      14.05      11.19      5.98      8.29
*

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.

 

16   WisdomTree Trust


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree U.S. Value Fund (WTV)

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Discretionary

    15.5%  

Financials

    14.7%  

Industrials

    12.3%  

Information Technology

    11.8%  

Health Care

    11.4%  

Materials

    10.5%  

Energy

    10.3%  

Communication Services

    7.6%  

Real Estate

    2.7%  

Utilities

    1.6%  

Consumer Staples

    1.5%  

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  

Meta Platforms, Inc., Class A

    2.3%  

Chevron Corp.

    1.8%  

Builders FirstSource, Inc.

    1.7%  

Cardinal Health, Inc.

    1.7%  

HCA Healthcare, Inc.

    1.6%  

McKesson Corp.

    1.3%  

Marathon Petroleum Corp.

    1.3%  

Owens Corning

    1.3%  

Laboratory Corp. of America Holdings

    1.3%  

U.S. Steel Corp.

    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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,062.80        0.12   $ 0.62  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,024.40        0.12   $ 0.61  

Performance

 

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

Fund NAV Returns1

       6.28      23.32      16.47      9.21      10.81

Fund Market Price Returns1

       6.26      23.32      16.38      9.19      10.81

Russell 1000® Value Index

       0.78      14.44      11.05      6.23      8.45
*

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.

 

WisdomTree Trust      17  


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 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.

Risk-on and Risk-off refers to investors’ appetites for risk which rise and fall over time. During periods when risk is perceived as low, the risk-on risk-off theory states that investors tend to engage in higher-risk investments (i.e., “Risk-on”). When risk is perceived to be high, investors have the tendency to gravitate toward lower-risk investments (i.e., “Risk-off”).

The Russell 1000® Growth Index measures the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000® companies with higher price-to-book ratios and higher forcasted growth values. The Russell 1000® Growth Index is constructed to provide a comprehensive and unbiased barometer for the large-cap growth segment.

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.

 

18   WisdomTree Trust


Description of Terms and Indexes (unaudited) (continued)

 

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.

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 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.

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.

 

WisdomTree Trust      19  


Description of Terms and Indexes (unaudited) (concluded)

 

 

The WisdomTree U.S. Quality Growth Index is a market-cap weighted index that consists of companies with quality and growth characteristics. The top 500 U.S. companies by market capitalization are ranked on a composite score of two fundamental factors: growth and quality, which are equally weighted.

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

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.

The O’Neil Growth Index is calculated, distributed and marketed by O’Neil Global Advisors, Inc. (OGA), a licensed trademark of OGA, and has been licensed for use.

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.

 

20   WisdomTree Trust


Schedule of Investments (unaudited)

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

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.9%      
United States – 95.3%      
Aerospace & Defense – 3.0%      

HEICO Corp.

     6,186      $ 1,001,699  

HEICO Corp., Class A

     7,278        940,463  

L3Harris Technologies, Inc.

     5,400        940,248  

RTX Corp.

     11,177        804,409  

Textron, Inc.

     90,555        7,075,968  
     

 

 

 
Total Aerospace & Defense               10,762,787  
Automobile Components – 0.3%      

Gentex Corp.

     29,440        957,978  
Banks – 6.6%      

Bank of America Corp.

     239,769        6,564,875  

Citigroup, Inc.

     256,974        10,569,341  

U.S. Bancorp

     47,347        1,565,292  

Wells Fargo & Co.

     128,139        5,235,759  
     

 

 

 
Total Banks               23,935,267  
Beverages – 3.4%      

Brown-Forman Corp., Class B

     14,540        838,813  

Keurig Dr Pepper, Inc.

     361,683        11,418,332  
     

 

 

 
Total Beverages               12,257,145  
Capital Markets – 8.5%      

Bank of New York Mellon Corp.

     21,429        913,947  

CME Group, Inc.

     17,378        3,479,423  

FactSet Research Systems, Inc.

     6,884        3,010,098  

Intercontinental Exchange, Inc.

     108,671        11,955,983  

Janus Henderson Group PLC

     35,004        903,803  

Nasdaq, Inc.

     199,404        9,689,040  

Virtu Financial, Inc., Class A

     56,650        978,346  
     

 

 

 
Total Capital Markets               30,930,640  
Chemicals – 6.5%      

Ashland, Inc.

     11,928        974,279  

Dow, Inc.

     168,642        8,695,182  

Eastman Chemical Co.

     11,475        880,362  

Element Solutions, Inc.

     353,387        6,929,919  

Huntsman Corp.

     218,801        5,338,744  

PPG Industries, Inc.

     6,783        880,433  
     

 

 

 
Total Chemicals               23,698,919  
Communications Equipment – 0.3%      

Juniper Networks, Inc.

     34,509        959,005  
Construction & Engineering – 1.2%      

MDU Resources Group, Inc.

     232,074        4,544,009  
Consumer Finance – 0.4%      

Ally Financial, Inc.

     48,615        1,297,048  
Containers & Packaging – 2.8%      

Amcor PLC

     961,667        8,808,869  

International Paper Co.

     43,342        1,537,341  
     

 

 

 
Total Containers & Packaging               10,346,210  
Distributors – 2.1%      

LKQ Corp.

     157,139        7,779,952  
Electric Utilities – 3.9%      

Avangrid, Inc.

     143,501      4,329,425  

OGE Energy Corp.

     28,239        941,206  

PPL Corp.

     385,846        9,090,532  
     

 

 

 
Total Electric Utilities               14,361,163  
Electronic Equipment, Instruments & Components – 1.0%

 

Corning, Inc.

     122,124        3,721,118  
Entertainment – 0.5%      

Electronic Arts, Inc.

     8,014        964,885  

Playtika Holding Corp.*

     98,517        948,719  
     

 

 

 
Total Entertainment               1,913,604  
Food Products – 2.0%      

Conagra Brands, Inc.

     32,180        882,376  

Flowers Foods, Inc.

     88,171        1,955,633  

Hormel Foods Corp.

     24,917        947,593  

Kraft Heinz Co.

     29,059        977,545  

Pilgrim’s Pride Corp.*(a)

     39,764        907,812  

Tyson Foods, Inc., Class A

     35,493        1,792,041  
     

 

 

 
Total Food Products               7,463,000  
Gas Utilities – 0.9%      

National Fuel Gas Co.

     25,561        1,326,872  

UGI Corp.

     88,806        2,042,538  
     

 

 

 
Total Gas Utilities               3,369,410  
Ground Transportation – 0.6%      

CSX Corp.

     44,574        1,370,651  

Schneider National, Inc., Class B

     33,589        930,079  
     

 

 

 
Total Ground Transportation               2,300,730  
Health Care Equipment & Supplies – 7.5%      

Abbott Laboratories

     125,031        12,109,252  

Globus Medical, Inc., Class A*

     36,484        1,811,431  

Hologic, Inc.*

     33,418        2,319,209  

Integra LifeSciences Holdings Corp.*

     39,573        1,511,293  

Medtronic PLC

     122,699        9,614,694  
     

 

 

 
Total Health Care Equipment & Supplies               27,365,879  
Health Care Providers & Services – 0.4%      

Premier, Inc., Class A

     62,524        1,344,266  
Hotels, Restaurants & Leisure – 0.3%      

Wendy’s Co.

     48,587        991,661  
Industrial Conglomerates – 3.3%      

3M Co.

     118,748        11,117,188  

Honeywell International, Inc.

     5,117        945,314  
     

 

 

 
Total Industrial Conglomerates               12,062,502  
Industrial REITs – 0.2%      

First Industrial Realty Trust, Inc.

     19,104        909,159  
Insurance – 3.7%      

American International Group, Inc.

     172,166        10,433,260  

Fidelity National Financial, Inc.

     25,914        1,070,248  

Old Republic International Corp.

     35,157        947,130  

Reinsurance Group of America, Inc.

     7,017        1,018,798  
     

 

 

 
Total Insurance               13,469,436  

 

See Notes to Financial Statements.

 

WisdomTree Trust      21  


Schedule of Investments (unaudited) (continued)

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

September 30, 2023

 

 

 

Investments    Shares      Value  
IT Services – 0.6%      

DXC Technology Co.*

     64,177      $ 1,336,807  

GoDaddy, Inc., Class A*

     13,261        987,679  
     

 

 

 
Total IT Services               2,324,486  
Life Sciences Tools & Services – 3.0%      

Agilent Technologies, Inc.

     77,527        8,669,069  

Bio-Techne Corp.

     32,927        2,241,341  
     

 

 

 
Total Life Sciences Tools & Services               10,910,410  
Machinery – 6.8%      

Donaldson Co., Inc.

     15,566        928,356  

Dover Corp.

     6,710        936,112  

Fortive Corp.

     153,308        11,369,322  

Gates Industrial Corp. PLC*

     109,621        1,272,700  

Otis Worldwide Corp.

     127,778        10,261,851  
     

 

 

 
Total Machinery               24,768,341  
Media – 4.8%      

Charter Communications, Inc., Class A*(a)

     2,655        1,167,722  

Comcast Corp., Class A

     287,882        12,764,688  

Fox Corp., Class A

     29,596        923,395  

Sirius XM Holdings, Inc.(a)

     583,852        2,639,011  
     

 

 

 
Total Media               17,494,816  
Mortgage Real Estate Investment Trusts (REITs) – 1.0%

 

AGNC Investment Corp.

     379,715        3,584,510  
Multi-Utilities – 3.9%      

CenterPoint Energy, Inc.

     34,476        925,681  

CMS Energy Corp.

     17,113        908,871  

Dominion Energy, Inc.

     31,695        1,415,816  

NiSource, Inc.

     439,293        10,841,751  
     

 

 

 
Total Multi-Utilities               14,092,119  
Oil, Gas & Consumable Fuels – 6.0%      

Exxon Mobil Corp.

     19,717        2,318,325  

Kinder Morgan, Inc.

     382,975        6,349,725  

Occidental Petroleum Corp.

     18,376        1,192,235  

Williams Cos., Inc.

     358,404        12,074,631  
     

 

 

 
Total Oil, Gas & Consumable Fuels               21,934,916  
Pharmaceuticals – 0.8%      

Pfizer, Inc.

     88,233        2,926,689  
Professional Services – 1.7%      

Dun & Bradstreet Holdings, Inc.

     158,455        1,582,965  

Genpact Ltd.

     106,895        3,869,599  

Paychex, Inc.

     7,872        907,878  
     

 

 

 
Total Professional Services               6,360,442  
Software – 0.5%      

Dolby Laboratories, Inc., Class A

     11,384        902,296  

Dropbox, Inc., Class A*

     34,600        942,158  
     

 

 

 
Total Software               1,844,454  
Specialized REITs – 0.5%      

National Storage Affiliates Trust

     29,397        933,061  

SBA Communications Corp.

     4,526        905,969  
     

 

 

 
Total Specialized REITs               1,839,030  
Technology Hardware, Storage & Peripherals – 1.9%

 

Hewlett Packard Enterprise Co.

     392,834      6,823,527  
Tobacco – 3.7%      

Altria Group, Inc.

     296,270        12,458,153  

Philip Morris International, Inc.

     10,010        926,726  
     

 

 

 
Total Tobacco               13,384,879  
Trading Companies & Distributors – 0.3%      

Fastenal Co.

     20,039        1,094,931  
Water Utilities – 0.4%      

Essential Utilities, Inc.

     46,904        1,610,214  
Total United States               347,734,652  
Netherlands – 2.2%      
Life Sciences Tools & Services – 2.2%      

QIAGEN NV*

     198,113        8,023,577  
United Kingdom – 1.4%      
Machinery – 1.4%      

CNH Industrial NV(a)

     429,653        5,198,801  

TOTAL COMMON STOCKS

(Cost: $392,676,092)

              360,957,030  
EXCHANGE-TRADED FUND – 0.4%      
United States – 0.4%      
iShares Russell 1000 Value ETF
(Cost: $1,618,245)
     10,238        1,554,333  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.8%

 

United States – 0.8%      

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(b)

     
(Cost: $2,773,297)      2,773,297        2,773,297  

TOTAL INVESTMENTS IN SECURITIES – 100.1%

(Cost: $397,067,634)

        365,284,660  

Other Assets less Liabilities – (0.1)%

        (423,081
     

 

 

 
NET ASSETS – 100.0%             $ 364,861,579  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $9,108,269 and the total market value of the collateral held by the Fund was $9,513,620. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $6,740,323.

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

See Notes to Financial Statements.

 

22   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

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

September 30, 2023

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 360,957,030      $      $      $ 360,957,030  

Exchange-Traded Fund

     1,554,333                      1,554,333  

Investment of Cash Collateral for Securities Loaned

            2,773,297               2,773,297  

Total Investments in Securities

   $ 362,511,363      $ 2,773,297      $      $ 365,284,660  

 

See Notes to Financial Statements.

 

WisdomTree Trust      23  


Schedule of Investments (unaudited)

WisdomTree U.S. ESG Fund (RESP)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%

 

United States – 99.9%

 

Aerospace & Defense – 0.2%

 

Parsons Corp.*

     1,993      $ 108,320  
Air Freight & Logistics – 0.5%      

Expeditors International of Washington, Inc.

     868        99,499  

FedEx Corp.

     870        230,480  
     

 

 

 
Total Air Freight & Logistics

 

     329,979  
Automobile Components – 0.6%

 

BorgWarner, Inc.

     3,212        129,669  

Gentex Corp.

     4,037        131,364  

Lear Corp.

     1,046        140,373  
     

 

 

 
Total Automobile Components

 

     401,406  
Automobiles – 0.2%

 

Thor Industries, Inc.

     1,282        121,957  
Banks – 3.0%      

Bank of America Corp.

     15,541        425,513  

Citizens Financial Group, Inc.

     5,361        143,675  

Comerica, Inc.

     3,353        139,317  

Fifth Third Bancorp

     5,467        138,479  

First Citizens BancShares, Inc., Class A

     40        55,204  

Huntington Bancshares, Inc.

     19,083        198,463  

JPMorgan Chase & Co.

     4,950        717,849  

KeyCorp

     10,812        116,337  

New York Community Bancorp, Inc.

     1,889        21,421  
     

 

 

 
Total Banks

 

     1,956,258  
Beverages – 1.3%

 

Brown-Forman Corp., Class B

     2,847        164,243  

Coca-Cola Consolidated, Inc.

     35        22,271  

Keurig Dr Pepper, Inc.

     4,901        154,725  

Molson Coors Beverage Co., Class B

     2,186        139,008  

PepsiCo, Inc.

     2,225        377,004  
     

 

 

 
Total Beverages

 

     857,251  
Biotechnology – 2.7%

 

AbbVie, Inc.

     2,795        416,623  

Amgen, Inc.

     1,078        289,723  

Biogen, Inc.*

     647        166,285  

Exelixis, Inc.*

     2,609        57,007  

Gilead Sciences, Inc.

     3,048        228,417  

Halozyme Therapeutics, Inc.*

     1,497        57,185  

Incyte Corp.*

     697        40,266  

Neurocrine Biosciences, Inc.*

     118        13,275  

Regeneron Pharmaceuticals, Inc.*

     278        228,783  

United Therapeutics Corp.*

     222        50,143  

Vertex Pharmaceuticals, Inc.*

     542        188,475  
     

 

 

 
Total Biotechnology

 

     1,736,182  
Broadline Retail – 3.0%

 

Amazon.com, Inc.*

     14,885        1,892,181  

Dillard’s, Inc., Class A

     131        43,336  
     

 

 

 
Total Broadline Retail

 

     1,935,517  
Building Products – 1.5%

 

Advanced Drainage Systems, Inc.

     1,099      125,099  

Builders FirstSource, Inc.*

     166        20,665  

Carrier Global Corp.

     4,298        237,250  

Fortune Brands Innovations, Inc.

     1,716        106,667  

Masco Corp.

     2,327        124,378  

Owens Corning

     1,571        214,300  

Simpson Manufacturing Co., Inc.

     310        46,441  

UFP Industries, Inc.

     873        89,395  
     

 

 

 
Total Building Products

 

     964,195  
Capital Markets – 2.5%

 

Ameriprise Financial, Inc.

     485        159,895  

Bank of New York Mellon Corp.

     3,871        165,098  

Cboe Global Markets, Inc.

     549        85,759  

CME Group, Inc.

     942        188,607  

FactSet Research Systems, Inc.

     339        148,231  

Goldman Sachs Group, Inc.

     780        252,385  

Interactive Brokers Group, Inc., Class A

     460        39,818  

LPL Financial Holdings, Inc.

     634        150,670  

Nasdaq, Inc.

     3,641        176,916  

State Street Corp.

     2,701        180,859  

Tradeweb Markets, Inc., Class A

     974        78,115  
     

 

 

 
Total Capital Markets

 

     1,626,353  
Chemicals – 0.8%

 

Albemarle Corp.

     964        163,919  

CF Industries Holdings, Inc.

     2,457        210,663  

Mosaic Co.

     4,202        149,591  
     

 

 

 
Total Chemicals

 

     524,173  
Commercial Services & Supplies – 1.1%

 

Clean Harbors, Inc.*

     849        142,089  

MSA Safety, Inc.

     968        152,605  

Republic Services, Inc.

     1,352        192,674  

Waste Management, Inc.

     1,521        231,861  
     

 

 

 
Total Commercial Services & Supplies

 

     719,229  
Communications Equipment – 1.6%

 

Arista Networks, Inc.*

     873        160,571  

Cisco Systems, Inc.

     9,463        508,731  

Juniper Networks, Inc.

     4,658        129,446  

Motorola Solutions, Inc.

     800        217,792  
     

 

 

 
Total Communications Equipment

 

     1,016,540  
Construction & Engineering – 0.4%      

Comfort Systems USA, Inc.

     503        85,716  

EMCOR Group, Inc.

     786        165,367  
     

 

 

 
Total Construction & Engineering

 

     251,083  
Consumer Finance – 0.4%

 

American Express Co.

     1,919        286,296  
Consumer Staples Distribution & Retail – 0.6%      

Sysco Corp.

     1,561        103,104  

Target Corp.

     1,684        186,200  

U.S. Foods Holding Corp.*

     2,455        97,463  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     386,767  

 

See Notes to Financial Statements.

 

24   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. ESG Fund (RESP)

September 30, 2023

 

 

 

Investments    Shares      Value  
Containers & Packaging – 1.1%

 

Berry Global Group, Inc.

     2,868      $ 177,558  

International Paper Co.

     6,372        226,015  

Packaging Corp. of America

     650        99,807  

Sonoco Products Co.

     3,528        191,747  
     

 

 

 
Total Containers & Packaging

 

     695,127  
Diversified Consumer Services – 0.4%

 

ADT, Inc.

     9,208        55,248  

H&R Block, Inc.

     2,597        111,827  

Service Corp. International

     1,384        79,082  
     

 

 

 
Total Diversified Consumer Services

 

     246,157  
Diversified REITs – 0.2%

 

WP Carey, Inc.

     2,116        114,433  
Diversified Telecommunication Services – 1.0%      

AT&T, Inc.

     19,970        299,949  

Verizon Communications, Inc.

     10,926        354,112  
     

 

 

 
Total Diversified Telecommunication Services

 

     654,061  
Electric Utilities – 1.2%

 

Avangrid, Inc.

     4,088        123,335  

Edison International

     2,602        164,680  

Eversource Energy

     2,311        134,385  

Exelon Corp.

     5,081        192,011  

PG&E Corp.*

     9,779        157,735  
     

 

 

 
Total Electric Utilities

 

     772,146  
Electrical Equipment – 0.3%

 

Atkore, Inc.*

     624        93,095  

Hubbell, Inc.

     410        128,498  
     

 

 

 
Total Electrical Equipment

 

     221,593  
Electronic Equipment, Instruments & Components – 1.1%

 

Arrow Electronics, Inc.*

     934        116,974  

Insight Enterprises, Inc.*

     813        118,292  

Jabil, Inc.

     1,779        225,737  

Keysight Technologies, Inc.*

     1,455        192,511  

National Instruments Corp.

     1,214        72,379  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     725,893  
Entertainment – 0.5%

 

Electronic Arts, Inc.

     925        111,370  

Endeavor Group Holdings, Inc., Class A

     6,258        124,534  

Warner Music Group Corp., Class A

     3,683        115,646  
     

 

 

 
Total Entertainment

 

     351,550  
Financial Services – 3.3%

 

Fiserv, Inc.*

     1,842        208,072  

Mastercard, Inc., Class A

     1,706        675,423  

PayPal Holdings, Inc.*

     3,939        230,274  

Visa, Inc., Class A

     3,354        771,454  

Voya Financial, Inc.

     2,749        182,671  

WEX, Inc.*

     536        100,816  
     

 

 

 
Total Financial Services

 

     2,168,710  
Food Products – 2.8%

 

Archer-Daniels-Midland Co.

     2,151        162,229  

Campbell Soup Co.

     3,883      159,514  

Conagra Brands, Inc.

     5,836        160,023  

General Mills, Inc.

     2,828        180,964  

Hershey Co.

     895        179,072  

Hormel Foods Corp.

     2,914        110,819  

J M Smucker Co.

     707        86,897  

Kellogg Co.

     2,951        175,614  

Kraft Heinz Co.

     3,525        118,581  

Lamb Weston Holdings, Inc.

     753        69,622  

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

     1,579        119,436  

Mondelez International, Inc., Class A

     3,178        220,553  

Pilgrim’s Pride Corp.*

     3,498        79,859  
     

 

 

 
Total Food Products

 

     1,823,183  
Gas Utilities – 0.1%

 

Atmos Energy Corp.

     339        35,910  
Ground Transportation – 0.3%      

Landstar System, Inc.

     367        64,937  

XPO, Inc.*

     1,594        119,008  
     

 

 

 
Total Ground Transportation

 

     183,945  
Health Care Equipment & Supplies – 2.2%

 

Abbott Laboratories

     2,970        287,644  

Baxter International, Inc.

     4,395        165,867  

Becton Dickinson & Co.

     837        216,390  

Boston Scientific Corp.*

     4,386        231,581  

Edwards Lifesciences Corp.*

     2,570        178,050  

Hologic, Inc.*

     1,079        74,883  

Stryker Corp.

     578        157,950  

Zimmer Biomet Holdings, Inc.

     1,114        125,013  
     

 

 

 
Total Health Care Equipment & Supplies

 

     1,437,378  
Health Care Providers & Services – 4.6%

 

Cardinal Health, Inc.

     1,610        139,780  

Cencora, Inc.

     934        168,092  

Centene Corp.*

     2,075        142,926  

Chemed Corp.

     73        37,938  

Cigna Group

     840        240,299  

CVS Health Corp.

     3,778        263,780  

DaVita, Inc.*

     1,102        104,172  

Elevance Health, Inc.

     520        226,418  

Encompass Health Corp.

     706        47,415  

HCA Healthcare, Inc.

     502        123,482  

Henry Schein, Inc.*

     1,477        109,667  

Humana, Inc.

     454        220,880  

Laboratory Corp. of America Holdings

     438        88,060  

McKesson Corp.

     392        170,461  

Molina Healthcare, Inc.*

     126        41,314  

Option Care Health, Inc.*

     1,512        48,913  

Quest Diagnostics, Inc.

     1,182        144,039  

Tenet Healthcare Corp.*

     1,087        71,623  

UnitedHealth Group, Inc.

     1,227        618,641  
     

 

 

 
Total Health Care Providers & Services

 

     3,007,900  
Hotel & Resort REITs – 0.3%

 

Host Hotels & Resorts, Inc.

     13,408        215,467  

 

See Notes to Financial Statements.

 

WisdomTree Trust      25  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. ESG Fund (RESP)

September 30, 2023

 

 

 

Investments    Shares      Value  
Hotels, Restaurants & Leisure – 2.5%      

Aramark

     2,902      $ 100,700  

Booking Holdings, Inc.*

     64        197,373  

Chipotle Mexican Grill, Inc.*

     86        157,537  

Darden Restaurants, Inc.

     865        123,885  

Domino’s Pizza, Inc.

     156        59,091  

Expedia Group, Inc.*

     964        99,360  

McDonald’s Corp.

     1,378        363,020  

Starbucks Corp.

     3,089        281,933  

Texas Roadhouse, Inc.

     448        43,053  

Yum! Brands, Inc.

     1,562        195,156  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     1,621,108  
Household Durables – 0.4%

 

DR Horton, Inc.

     668        71,790  

Lennar Corp., Class A

     519        58,247  

PulteGroup, Inc.

     1,307        96,783  

Toll Brothers, Inc.

     762        56,358  
     

 

 

 
Total Household Durables

 

     283,178  
Household Products – 1.7%

 

Church & Dwight Co., Inc.

     1,334        122,234  

Clorox Co.

     856        112,187  

Colgate-Palmolive Co.

     2,354        167,393  

Kimberly-Clark Corp.

     980        118,433  

Procter & Gamble Co.

     3,554        518,387  

Reynolds Consumer Products, Inc.

     1,718        44,032  
     

 

 

 
Total Household Products

 

     1,082,666  
Insurance – 3.7%

 

Aflac, Inc.

     2,772        212,751  

Allstate Corp.

     1,833        204,214  

Assurant, Inc.

     921        132,237  

CNA Financial Corp.

     835        32,857  

Globe Life, Inc.

     749        81,439  

Hartford Financial Services Group, Inc.

     2,388        169,333  

Kinsale Capital Group, Inc.

     158        65,433  

Markel Group, Inc.*

     20        29,450  

MetLife, Inc.

     4,087        257,113  

Primerica, Inc.

     505        97,975  

Progressive Corp.

     1,618        225,387  

Prudential Financial, Inc.

     2,249        213,408  

Reinsurance Group of America, Inc.

     563        81,742  

RLI Corp.

     365        49,600  

Selective Insurance Group, Inc.

     1,041        107,400  

Travelers Cos., Inc.

     1,363        222,591  

Unum Group

     3,051        150,079  

W R Berkley Corp.

     1,640        104,124  
     

 

 

 
Total Insurance

 

     2,437,133  
Interactive Media & Services – 6.0%

 

Alphabet, Inc., Class A*

     20,458        2,677,134  

Meta Platforms, Inc., Class A*

     4,128        1,239,267  
     

 

 

 
Total Interactive Media & Services

 

     3,916,401  
IT Services – 1.7%

 

Akamai Technologies, Inc.*

     1,482        157,892  

Cognizant Technology Solutions Corp., Class A

     2,529      171,315  

EPAM Systems, Inc.*

     255        65,201  

Gartner, Inc.*

     406        139,506  

GoDaddy, Inc., Class A*

     1,448        107,847  

International Business Machines Corp.

     2,581        362,114  

VeriSign, Inc.*

     563        114,024  
     

 

 

 
Total IT Services

 

     1,117,899  
Life Sciences Tools & Services – 0.7%

 

Agilent Technologies, Inc.

     1,152        128,816  

Avantor, Inc.*

     5,196        109,532  

Charles River Laboratories International, Inc.*

     354        69,377  

Medpace Holdings, Inc.*

     89        21,549  

West Pharmaceutical Services, Inc.

     346        129,823  
     

 

 

 
Total Life Sciences Tools & Services

 

     459,097  
Machinery – 2.1%

 

AGCO Corp.

     981        116,033  

Caterpillar, Inc.

     1,286        351,078  

Deere & Co.

     737        278,129  

Lincoln Electric Holdings, Inc.

     865        157,248  

PACCAR, Inc.

     1,733        147,340  

Snap-on, Inc.

     368        93,862  

Toro Co.

     1,057        87,837  

Watts Water Technologies, Inc., Class A

     786        135,836  
     

 

 

 
Total Machinery

 

     1,367,363  
Media – 1.3%

 

Comcast Corp., Class A

     9,468        419,811  

Fox Corp., Class A

     1,297        40,467  

Interpublic Group of Cos., Inc.

     5,429        155,595  

New York Times Co., Class A

     996        41,035  

Omnicom Group, Inc.

     1,721        128,180  

Sirius XM Holdings, Inc.(a)

     18,768        84,831  
     

 

 

 
Total Media

 

     869,919  
Metals & Mining – 0.8%

 

Commercial Metals Co.

     2,487        122,883  

Nucor Corp.

     1,002        156,663  

Reliance Steel & Aluminum Co.

     360        94,403  

Steel Dynamics, Inc.

     1,384        148,392  
     

 

 

 
Total Metals & Mining

 

     522,341  
Multi-Utilities – 0.9%

 

Consolidated Edison, Inc.

     2,030        173,626  

Public Service Enterprise Group, Inc.

     3,197        181,941  

Sempra

     3,206        218,104  
     

 

 

 
Total Multi-Utilities

 

     573,671  
Passenger Airlines – 0.2%

 

United Airlines Holdings, Inc.*

     2,578        109,049  
Personal Care Products – 0.2%      

Coty, Inc., Class A*

     8,581        94,134  

elf Beauty, Inc.*

     193        21,197  
     

 

 

 
Total Personal Care Products

 

     115,331  
Pharmaceuticals – 3.8%

 

Bristol-Myers Squibb Co.

     4,595        266,694  

 

See Notes to Financial Statements.

 

26   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. ESG Fund (RESP)

September 30, 2023

 

 

 

Investments    Shares      Value  

Eli Lilly & Co.

     1,251      $ 671,950  

Johnson & Johnson

     3,348        521,451  

Merck & Co., Inc.

     3,956        407,270  

Pfizer, Inc.

     10,022        332,430  

Viatris, Inc.

     9,039        89,124  

Zoetis, Inc.

     1,008        175,372  
     

 

 

 
Total Pharmaceuticals

 

     2,464,291  
Professional Services – 1.7%

 

Automatic Data Processing, Inc.

     1,072        257,902  

Booz Allen Hamilton Holding Corp.

     1,528        166,964  

Broadridge Financial Solutions, Inc.

     977        174,932  

FTI Consulting, Inc.*

     692        123,460  

Robert Half, Inc.

     1,772        129,852  

TriNet Group, Inc.*

     765        89,107  

Verisk Analytics, Inc.

     754        178,125  
     

 

 

 
Total Professional Services

 

     1,120,342  
Residential REITs – 0.4%

 

AvalonBay Communities, Inc.

     1,441        247,477  
Retail REITs – 0.8%      

Agree Realty Corp.

     2,163        119,484  

Brixmor Property Group, Inc.

     8,317        172,827  

NNN REIT, Inc.

     1,553        54,883  

Simon Property Group, Inc.

     1,526        164,854  
     

 

 

 
Total Retail REITs

 

     512,048  
Semiconductors & Semiconductor Equipment – 4.9%

 

Applied Materials, Inc.

     2,619        362,601  

Axcelis Technologies, Inc.*

     455        74,188  

First Solar, Inc.*

     1,098        177,426  

KLA Corp.

     366        167,870  

Lam Research Corp.

     438        274,525  

NVIDIA Corp.

     4,051        1,762,144  

QUALCOMM, Inc.

     2,847        316,188  

Rambus, Inc.*

     846        47,198  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     3,182,140  
Software – 12.0%

 

Adobe, Inc.*

     1,012        516,019  

ANSYS, Inc.*

     478        142,229  

AppLovin Corp., Class A*

     2,829        113,047  

Autodesk, Inc.*

     1,183        244,775  

CCC Intelligent Solutions Holdings, Inc.*

     16,544        220,862  

Dolby Laboratories, Inc., Class A

     1,624        128,718  

Dropbox, Inc., Class A*

     4,138        112,678  

Fair Isaac Corp.*

     86        74,694  

Fortinet, Inc.*

     2,235        131,150  

Gen Digital, Inc.

     7,760        137,197  

Intuit, Inc.

     702        358,680  

Manhattan Associates, Inc.*

     311        61,472  

Microsoft Corp.

     11,278        3,561,028  

New Relic, Inc.*

     566        48,461  

Oracle Corp.

     5,057        535,637  

Palo Alto Networks, Inc.*

     819        192,006  

Qualys, Inc.*

     319        48,663  

Salesforce, Inc.*

     2,019      409,413  

Splunk, Inc.*

     1,007        147,274  

Synopsys, Inc.*

     374        171,655  

VMware, Inc., Class A*

     1,627        270,863  

Workday, Inc., Class A*

     900        193,365  
     

 

 

 
Total Software

 

     7,819,886  
Specialized REITs – 0.9%

 

CubeSmart

     3,320        126,592  

Gaming & Leisure Properties, Inc.

     1,813        82,582  

Iron Mountain, Inc.

     3,856        229,239  

VICI Properties, Inc.

     6,200        180,420  
     

 

 

 
Total Specialized REITs

 

     618,833  
Specialty Retail – 3.3%

 

AutoNation, Inc.*

     326        49,356  

AutoZone, Inc.*

     56        142,240  

Best Buy Co., Inc.

     2,703        187,777  

Home Depot, Inc.

     1,865        563,528  

Lowe’s Cos., Inc.

     1,530        317,995  

O’Reilly Automotive, Inc.*

     86        78,162  

Ross Stores, Inc.

     1,150        129,893  

TJX Cos., Inc.

     3,068        272,684  

Tractor Supply Co.

     622        126,297  

Ulta Beauty, Inc.*

     288        115,042  

Williams-Sonoma, Inc.

     1,238        192,385  
     

 

 

 
Total Specialty Retail

 

     2,175,359  
Technology Hardware, Storage & Peripherals – 7.8%

 

Apple, Inc.

     24,431        4,182,831  

Dell Technologies, Inc., Class C

     3,452        237,843  

Hewlett Packard Enterprise Co.

     13,467        233,922  

HP, Inc.

     7,662        196,913  

NetApp, Inc.

     2,128        161,473  

Super Micro Computer, Inc.*

     182        49,908  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     5,062,890  
Textiles, Apparel & Luxury Goods – 0.7%

 

Crocs, Inc.*

     847        74,731  

Deckers Outdoor Corp.*

     269        138,290  

Ralph Lauren Corp.

     1,249        144,996  

Tapestry, Inc.

     4,510        129,663  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     487,680  
Trading Companies & Distributors – 0.9%

 

Applied Industrial Technologies, Inc.

     866        133,892  

MSC Industrial Direct Co., Inc., Class A

     847        83,133  

United Rentals, Inc.

     476        211,615  

WESCO International, Inc.

     1,062        152,737  
     

 

 

 
Total Trading Companies & Distributors

 

     581,377  
Water Utilities – 0.3%

 

American Water Works Co., Inc.

     1,548        191,689  
Wireless Telecommunication Services – 0.4%      

T-Mobile U.S., Inc.*

     1,996        279,540  

TOTAL INVESTMENTS IN SECURITIES – 99.9%

(Cost: $52,964,733)

 

 

     65,093,667  

Other Assets less Liabilities – 0.1%

 

     92,955  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 65,186,622  

 

See Notes to Financial Statements.

 

WisdomTree Trust      27  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. ESG Fund (RESP)

September 30, 2023

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $76,347 and the total market value of the collateral held by the Fund was $81,468, which was entirely composed of non-cash U.S. Government securities.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 65,093,667      $      $      $ 65,093,667  

Total Investments in Securities

   $ 65,093,667      $      $      $ 65,093,667  

 

See Notes to Financial Statements.

 

28   WisdomTree Trust


Schedule of Investments (unaudited)

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

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.0%

 

United States – 97.6%

 

Aerospace & Defense – 3.2%

 

Curtiss-Wright Corp.

     128      $ 25,040  

Howmet Aerospace, Inc.

     907        41,949  
     

 

 

 
Total Aerospace & Defense

 

     66,989  
Banks – 2.6%

 

First Citizens BancShares, Inc., Class A

     20        27,602  

JPMorgan Chase & Co.

     184        26,684  
     

 

 

 
Total Banks

 

     54,286  
Biotechnology – 3.0%

 

Exact Sciences Corp.*

     550        37,521  

Halozyme Therapeutics, Inc.*

     671        25,632  
     

 

 

 
Total Biotechnology

 

     63,153  
Building Products – 3.5%

 

AZEK Co., Inc.*

     714        21,234  

Builders FirstSource, Inc.*

     191        23,778  

Simpson Manufacturing Co., Inc.

     190        28,464  
     

 

 

 
Total Building Products

 

     73,476  
Chemicals – 2.5%

 

Air Products & Chemicals, Inc.

     90        25,506  

Linde PLC

     69        25,692  
     

 

 

 
Total Chemicals

 

     51,198  
Commercial Services & Supplies – 1.3%

 

MSA Safety, Inc.

     170        26,801  
Construction & Engineering – 2.4%      

API Group Corp.*

     961        24,919  

EMCOR Group, Inc.

     120        25,247  
     

 

 

 
Total Construction & Engineering

 

     50,166  
Construction Materials – 1.3%

 

Eagle Materials, Inc.

     162        26,976  
Consumer Staples Distribution & Retail – 2.1%      

U.S. Foods Holding Corp.*

     1,102        43,749  
Diversified Consumer Services – 2.6%      

Grand Canyon Education, Inc.*

     469        54,817  
Electrical Equipment – 2.1%      

Atkore, Inc.*

     286        42,668  
Electronic Equipment, Instruments & Components – 3.1%

 

Badger Meter, Inc.

     166        23,882  

Insight Enterprises, Inc.*

     277        40,304  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     64,186  
Energy Equipment & Services – 2.5%

 

Transocean Ltd.*

     2,844        23,349  

Valaris Ltd.*

     370        27,743  
     

 

 

 
Total Energy Equipment & Services

 

     51,092  
Entertainment – 2.0%

 

Madison Square Garden Sports Corp.

     237        41,783  
Financial Services – 1.2%      

Visa, Inc., Class A

     108        24,841  
Ground Transportation – 1.2%      

XPO, Inc.*

     326      24,339  
Health Care Equipment & Supplies – 5.2%      

Boston Scientific Corp.*

     496        26,189  

IDEXX Laboratories, Inc.*

     92        40,229  

Intuitive Surgical, Inc.*

     144        42,089  
     

 

 

 
Total Health Care Equipment & Supplies

 

     108,507  
Hotels, Restaurants & Leisure – 9.5%

 

Booking Holdings, Inc.*

     16        49,343  

Carnival Corp.*

     1,521        20,868  

Hyatt Hotels Corp., Class A

     237        25,141  

Royal Caribbean Cruises Ltd.*

     442        40,726  

Shake Shack, Inc., Class A*

     607        35,248  

Yum! Brands, Inc.

     204        25,488  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     196,814  
Household Durables – 6.1%

 

NVR, Inc.*

     4        23,853  

Taylor Morrison Home Corp.*

     935        39,840  

TopBuild Corp.*

     95        23,902  

Tri Pointe Homes, Inc.*

     1,430        39,111  
     

 

 

 
Total Household Durables

 

     126,706  
Insurance – 6.5%

 

Aon PLC, Class A

     80        25,938  

Arthur J Gallagher & Co.

     117        26,668  

Markel Group, Inc.*

     20        29,450  

Marsh & McLennan Cos., Inc.

     137        26,071  

Primerica, Inc.

     144        27,937  
     

 

 

 
Total Insurance

 

     136,064  
IT Services – 1.2%

 

VeriSign, Inc.*

     125        25,316  
Machinery – 6.8%      

Lincoln Electric Holdings, Inc.

     143        25,996  

Parker-Hannifin Corp.

     65        25,319  

Snap-on, Inc.

     125        31,883  

Terex Corp.

     454        26,159  

Watts Water Technologies, Inc., Class A

     179        30,935  
     

 

 

 
Total Machinery

 

     140,292  
Passenger Airlines – 1.7%

 

United Airlines Holdings, Inc.*

     834        35,278  
Professional Services – 1.5%      

CACI International, Inc., Class A*

     102        32,021  
Semiconductors & Semiconductor Equipment – 11.6%

 

Applied Materials, Inc.

     181        25,060  

Axcelis Technologies, Inc.*

     244        39,784  

Broadcom, Inc.

     50        41,529  

Cirrus Logic, Inc.*

     352        26,034  

First Solar, Inc.*

     217        35,065  

NVIDIA Corp.

     58        25,229  

Silicon Laboratories, Inc.*

     203        23,526  

Universal Display Corp.

     163        25,589  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     241,816  

 

See Notes to Financial Statements.

 

WisdomTree Trust      29  


Schedule of Investments (unaudited) (concluded)

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

September 30, 2023

 

 

 

Investments    Shares      Value  
Software – 4.7%

 

MicroStrategy, Inc., Class A*

     65      $ 21,338  

Oracle Corp.

     212        22,455  

Palantir Technologies, Inc., Class A*

     1,537        24,592  

Progress Software Corp.

     555        29,182  
     

 

 

 
Total Software

 

     97,567  
Specialty Retail – 3.8%

 

Asbury Automotive Group, Inc.*

     116        26,688  

O’Reilly Automotive, Inc.*

     28        25,448  

Urban Outfitters, Inc.*

     840        27,460  
     

 

 

 
Total Specialty Retail

 

     79,596  
Technology Hardware, Storage & Peripherals – 1.1%

 

Super Micro Computer, Inc.*

     83        22,760  
Textiles, Apparel & Luxury Goods – 1.3%      

Deckers Outdoor Corp.*

     51        26,219  
Total United States

 

     2,029,476  
Brazil – 1.0%      
Capital Markets – 1.0%      

XP, Inc., Class A

     935      21,552  
Israel – 1.4%      
Software – 1.4%      

Check Point Software Technologies Ltd.*

     216        28,789  

TOTAL INVESTMENTS IN SECURITIES – 100.0%

(Cost: $2,154,650)

        2,079,817  

Other Assets less Liabilities – 0.0%

        781  
     

 

 

 
NET ASSETS – 100.0%             $ 2,080,598  
* 

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, 2023 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

   $ 2,079,817      $      $      $ 2,079,817  

Total Investments in Securities

   $ 2,079,817      $      $      $ 2,079,817  

 

See Notes to Financial Statements.

 

30   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%      
United States – 99.5%      
Aerospace & Defense – 0.1%      

Kaman Corp.

     19,417      $ 381,544  

Park Aerospace Corp.

     12,802        198,815  
     

 

 

 
Total Aerospace & Defense

 

     580,359  
Automobile Components – 0.2%

 

LCI Industries

     12,767        1,499,101  

Patrick Industries, Inc.

     14,748        1,106,985  
     

 

 

 
Total Automobile Components

 

     2,606,086  
Automobiles – 1.0%

 

Ford Motor Co.

     893,386        11,095,854  
Banks – 9.7%      

American National Bankshares, Inc.

     5,907        224,112  

Ames National Corp.(a)

     5,919        98,196  

Arrow Financial Corp.

     12,317        209,641  

Associated Banc-Corp.

     61,109        1,045,575  

Atlantic Union Bankshares Corp.

     34,624        996,479  

Bank of Hawaii Corp.

     17,344        861,823  

Bar Harbor Bankshares

     8,755        206,881  

BCB Bancorp, Inc.

     13,295        148,106  

Brookline Bancorp, Inc.

     57,995        528,334  

Camden National Corp.

     10,960        309,291  

Capitol Federal Financial, Inc.

     100,455        479,170  

Central Pacific Financial Corp.

     20,483        341,656  

Citigroup, Inc.

     426,453        17,540,012  

Citizens & Northern Corp.

     10,644        186,802  

Citizens Financial Group, Inc.

     114,604        3,071,387  

Columbia Banking System, Inc.

     109,710        2,227,113  

Comerica, Inc.

     38,233        1,588,581  

Community Trust Bancorp, Inc.

     13,347        457,268  

Eagle Bancorp, Inc.

     22,098        474,002  

Evans Bancorp, Inc.

     3,795        101,706  

Farmers National Banc Corp.

     25,591        295,832  

Fifth Third Bancorp

     154,614        3,916,373  

Financial Institutions, Inc.

     11,877        199,890  

First Bancorp, Inc.

     6,562        154,207  

First Busey Corp.

     38,733        744,448  

First Commonwealth Financial Corp.

     69,583        849,608  

First Community Bankshares, Inc.

     11,013        324,333  

First Financial Bancorp

     55,376        1,085,370  

First Hawaiian, Inc.

     57,906        1,045,203  

First Interstate BancSystem, Inc., Class A

     41,682        1,039,549  

First of Long Island Corp.(a)

     17,806        204,947  

Flushing Financial Corp.

     23,025        302,318  

FNB Corp.

     161,588        1,743,535  

Fulton Financial Corp.

     85,898        1,040,225  

Hanmi Financial Corp.

     23,176        376,146  

HBT Financial, Inc.

     18,846        343,751  

Heritage Commerce Corp.

     44,605        377,804  

HomeStreet, Inc.

     13,640        106,256  

Hope Bancorp, Inc.

     81,663        722,718  

Horizon Bancorp, Inc.

     32,456        346,630  

Huntington Bancshares, Inc.

     340,903      3,545,391  

Independent Bank Corp.

     15,632        286,691  

Kearny Financial Corp.

     49,171        340,755  

KeyCorp

     245,402        2,640,526  

Lakeland Bancorp, Inc.

     47,027        593,481  

LCNB Corp.

     5,507        78,585  

Mercantile Bank Corp.

     10,565        326,564  

Midland States Bancorp, Inc.

     16,240        333,570  

National Bankshares, Inc.

     3,499        87,615  

New York Community Bancorp, Inc.

     268,086        3,040,095  

Northfield Bancorp, Inc.

     33,449        316,093  

Northrim Bancorp, Inc.

     3,687        146,079  

Northwest Bancshares, Inc.

     90,270        923,462  

Norwood Financial Corp.

     5,755        148,249  

OceanFirst Financial Corp.

     41,826        605,222  

Pacific Premier Bancorp, Inc.

     48,511        1,055,599  

PacWest Bancorp

     52,017        411,454  

Parke Bancorp, Inc.

     7,871        128,219  

PCB Bancorp

     10,572        163,337  

Peoples Bancorp, Inc.

     20,973        532,295  

PNC Financial Services Group, Inc.

     79,630        9,776,175  

Premier Financial Corp.

     26,771        456,713  

Primis Financial Corp.

     15,798        128,754  

Provident Financial Services, Inc.

     50,540        772,757  

Regions Financial Corp.

     199,695        3,434,754  

S&T Bancorp, Inc.

     28,278        765,768  

Sandy Spring Bancorp, Inc.

     29,557        633,407  

Sierra Bancorp

     9,741        184,689  

Simmons First National Corp., Class A

     62,201        1,054,929  

Southside Bancshares, Inc.

     23,445        672,872  

Synovus Financial Corp.

     44,350        1,232,930  

Territorial Bancorp, Inc.

     4,516        41,050  

Truist Financial Corp.

     323,872        9,265,978  

TrustCo Bank Corp.

     13,434        366,614  

U.S. Bancorp

     478,427        15,816,797  

United Bankshares, Inc.

     41,788        1,152,931  

Univest Financial Corp.

     21,402        371,967  

Valley National Bancorp

     156,920        1,343,235  

Washington Trust Bancorp, Inc.

     13,273        349,478  

Webster Financial Corp.

     42,590        1,716,803  

WesBanco, Inc.

     30,248        738,656  

West BanCorp, Inc.

     10,994        179,312  
     

 

 

 
Total Banks

 

     112,475,129  
Biotechnology – 7.1%

 

AbbVie, Inc.

     394,827        58,852,913  

Gilead Sciences, Inc.

     301,926        22,626,334  
     

 

 

 
Total Biotechnology

 

     81,479,247  
Broadline Retail – 0.2%

 

Kohl’s Corp.(a)

     64,418        1,350,201  

Nordstrom, Inc.(a)

     71,195        1,063,654  
     

 

 

 
Total Broadline Retail

 

     2,413,855  

 

See Notes to Financial Statements.

 

WisdomTree Trust      31  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Capital Markets – 4.7%

 

Artisan Partners Asset Management, Inc., Class A

     43,194      $ 1,616,319  

Bank of New York Mellon Corp.

     146,904        6,265,455  

Blue Owl Capital, Inc.

     165,877        2,149,766  

Bridge Investment Group Holdings, Inc., Class A

     22,944        211,085  

Carlyle Group, Inc.

     100,699        3,037,082  

Cohen & Steers, Inc.

     23,155        1,451,587  

Diamond Hill Investment Group, Inc.

     1,952        329,049  

Franklin Resources, Inc.

     129,974        3,194,761  

GCM Grosvenor, Inc., Class A

     29,263        227,081  

Moelis & Co., Class A

     35,407        1,597,918  

Morgan Stanley

     284,696        23,251,122  

Northern Trust Corp.

     42,229        2,934,071  

T Rowe Price Group, Inc.

     47,979        5,031,558  

Victory Capital Holdings, Inc., Class A

     42,762        1,425,685  

Virtu Financial, Inc., Class A

     54,678        944,289  

Virtus Investment Partners, Inc.

     4,776        964,704  
     

 

 

 
Total Capital Markets

 

     54,631,532  
Chemicals – 1.4%

 

Chemours Co.

     48,400        1,357,620  

Dow, Inc.

     197,827        10,199,960  

Eastman Chemical Co.

     29,822        2,287,944  

Kronos Worldwide, Inc.

     77,732        602,423  

Mativ Holdings, Inc.(a)

     30,388        433,333  

Scotts Miracle-Gro Co.(a)

     27,146        1,402,905  
     

 

 

 
Total Chemicals

 

     16,284,185  
Commercial Services & Supplies – 0.4%

 

ACCO Brands Corp.

     66,421        381,257  

CompX International, Inc.

     6,841        127,174  

Deluxe Corp.

     30,796        581,736  

Ennis, Inc.

     15,627        331,605  

HNI Corp.

     33,494        1,159,897  

MillerKnoll, Inc.

     55,330        1,352,819  

NL Industries, Inc.

     26,432        125,552  

Pitney Bowes, Inc.

     116,209        350,951  

Steelcase, Inc., Class A

     71,863        802,710  
     

 

 

 
Total Commercial Services & Supplies

 

     5,213,701  
Communications Equipment – 4.2%

 

Cisco Systems, Inc.

     909,726        48,906,870  

Comtech Telecommunications Corp.

     19,637        171,824  
     

 

 

 
Total Communications Equipment

 

     49,078,694  
Consumer Finance – 0.6%

 

Ally Financial, Inc.

     98,970        2,640,519  

Navient Corp.

     70,877        1,220,502  

OneMain Holdings, Inc.

     77,391        3,102,605  

Regional Management Corp.

     6,195        171,478  
     

 

 

 
Total Consumer Finance

 

     7,135,104  
Consumer Staples Distribution & Retail – 0.4%

 

Natural Grocers by Vitamin Cottage, Inc.

     14,780        190,810  

Village Super Market, Inc., Class A

     7,231        163,710  

Walgreens Boots Alliance, Inc.

     202,623        4,506,335  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     4,860,855  
Containers & Packaging – 1.1%      

Greif, Inc., Class B

     14,660      975,770  

International Paper Co.

     108,371        3,843,919  

Packaging Corp. of America

     30,236        4,642,738  

Pactiv Evergreen, Inc.

     92,609        752,911  

Sonoco Products Co.

     35,952        1,953,991  
     

 

 

 
Total Containers & Packaging

 

     12,169,329  
Distributors – 0.0%

 

Weyco Group, Inc.(a)

     5,161        130,831  
Diversified Consumer Services – 0.1%      

Strategic Education, Inc.

     13,174        991,344  
Diversified REITs – 0.2%      

Alexander & Baldwin, Inc.

     7,527        125,927  

Alpine Income Property Trust, Inc.

     2,196        35,927  

American Assets Trust, Inc.

     4,956        96,394  

Armada Hoffler Properties, Inc.

     8,175        83,712  

Broadstone Net Lease, Inc.

     10,667        152,538  

CTO Realty Growth, Inc.

     2,963        48,030  

Essential Properties Realty Trust, Inc.

     10,760        232,739  

Gladstone Commercial Corp.

     5,163        62,782  

NexPoint Diversified Real Estate Trust(a)

     4,025        35,058  

One Liberty Properties, Inc.

     3,445        65,007  

WP Carey, Inc.

     16,939        916,061  
     

 

 

 
Total Diversified REITs

 

     1,854,175  
Diversified Telecommunication Services – 2.8%

 

AT&T, Inc.

     2,035,791        30,577,581  

Cogent Communications Holdings, Inc.

     33,872        2,096,677  
     

 

 

 
Total Diversified Telecommunication Services

 

     32,674,258  
Electric Utilities – 8.1%

 

ALLETE, Inc.

     22,556        1,190,957  

Alliant Energy Corp.

     52,356        2,536,648  

American Electric Power Co., Inc.

     134,619        10,126,041  

Avangrid, Inc.

     95,860        2,892,096  

Duke Energy Corp.

     156,051        13,773,061  

Edison International

     89,977        5,694,644  

Entergy Corp.

     42,803        3,959,278  

Evergy, Inc.

     60,101        3,047,121  

Eversource Energy

     82,709        4,809,528  

Exelon Corp.

     171,075        6,464,924  

FirstEnergy Corp.

     169,499        5,793,476  

Hawaiian Electric Industries, Inc.

     27,829        342,575  

NRG Energy, Inc.

     56,883        2,191,133  

OGE Energy Corp.

     80,747        2,691,298  

Pinnacle West Capital Corp.

     33,802        2,490,531  

Portland General Electric Co.

     45,323        1,834,675  

PPL Corp.

     133,674        3,149,360  

Southern Co.

     322,798        20,891,487  
     

 

 

 
Total Electric Utilities

 

     93,878,833  
Electrical Equipment – 0.1%

 

Powell Industries, Inc.

     7,957        659,635  

 

See Notes to Financial Statements.

 

32   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Energy Equipment & Services – 0.1%      

Archrock, Inc.

     109,425      $ 1,378,755  

Solaris Oilfield Infrastructure, Inc., Class A

     23,038        245,585  
     

 

 

 
Total Energy Equipment & Services

 

     1,624,340  
Financial Services – 0.7%

 

Federal Agricultural Mortgage Corp., Class C

     6,778        1,045,845  

Jackson Financial, Inc., Class A

     47,852        1,828,904  

Radian Group, Inc.

     91,648        2,301,281  

TFS Financial Corp.

     161,802        1,912,500  

UWM Holdings Corp.(a)

     66,444        322,253  

Waterstone Financial, Inc.

     16,075        176,021  
     

 

 

 
Total Financial Services

 

     7,586,804  
Food Products – 1.6%

 

Alico, Inc.

     5,096        127,196  

Cal-Maine Foods, Inc.

     30,820        1,492,304  

Calavo Growers, Inc.

     12,902        325,518  

Conagra Brands, Inc.

     99,660        2,732,677  

Kellogg Co.

     87,710        5,219,622  

Kraft Heinz Co.

     254,265        8,553,475  
     

 

 

 
Total Food Products

 

     18,450,792  
Gas Utilities – 0.6%

 

New Jersey Resources Corp.

     37,940        1,541,502  

Northwest Natural Holding Co.

     24,594        938,507  

RGC Resources, Inc.

     1,921        33,234  

Southwest Gas Holdings, Inc.

     22,771        1,375,596  

Spire, Inc.

     23,069        1,305,244  

UGI Corp.

     57,121        1,313,783  
     

 

 

 
Total Gas Utilities

 

     6,507,866  
Health Care Providers & Services – 0.2%

 

National HealthCare Corp.

     11,800        754,964  

Patterson Cos., Inc.

     46,795        1,387,004  
     

 

 

 
Total Health Care Providers & Services

 

     2,141,968  
Health Care REITs – 0.6%

 

CareTrust REIT, Inc.

     10,040        205,820  

Community Healthcare Trust, Inc.

     2,506        74,428  

Diversified Healthcare Trust(a)

     31,450        61,013  

Global Medical REIT, Inc.

     7,461        66,925  

Healthpeak Properties, Inc.

     39,828        731,242  

LTC Properties, Inc.

     4,189        134,593  

National Health Investors, Inc.

     3,434        176,370  

Omega Healthcare Investors, Inc.

     20,344        674,607  

Physicians Realty Trust

     18,047        219,993  

Sabra Health Care REIT, Inc.

     18,158        253,123  

Universal Health Realty Income Trust

     1,467        59,311  

Ventas, Inc.

     31,930        1,345,211  

Welltower, Inc.

     38,298        3,137,372  
     

 

 

 
Total Health Care REITs

 

     7,140,008  
Hotel & Resort REITs – 0.0%

 

Apple Hospitality REIT, Inc.

     18,684        286,612  

Service Properties Trust

     14,353        110,375  
     

 

 

 
Total Hotel & Resort REITs

 

     396,987  
Hotels, Restaurants & Leisure – 0.6%

 

Cracker Barrel Old Country Store, Inc.

     13,763      924,874  

Darden Restaurants, Inc.

     35,046        5,019,288  

Travel & Leisure Co.

     36,472        1,339,616  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     7,283,778  
Household Durables – 0.3%

 

Ethan Allen Interiors, Inc.

     20,227        604,787  

Leggett & Platt, Inc.

     52,547        1,335,219  

MDC Holdings, Inc.

     45,216        1,864,256  
     

 

 

 
Total Household Durables

 

     3,804,262  
Household Products – 0.7%

 

Energizer Holdings, Inc.

     35,318        1,131,589  

Kimberly-Clark Corp.

     60,251        7,281,333  
     

 

 

 
Total Household Products

 

     8,412,922  
Independent Power & Renewable Electricity Producers – 0.0%

 

Clearway Energy, Inc., Class A

     24,954        497,084  
Industrial Conglomerates – 1.0%      

3M Co.

     129,491        12,122,947  
Industrial REITs – 0.1%      

EastGroup Properties, Inc.

     3,548        590,848  

Innovative Industrial Properties, Inc.

     2,169        164,107  

LXP Industrial Trust

     27,075        240,968  

Plymouth Industrial REIT, Inc.

     4,038        84,596  

STAG Industrial, Inc.

     13,897        479,585  
     

 

 

 
Total Industrial REITs

 

     1,560,104  
Insurance – 2.3%

 

CNA Financial Corp.

     69,279        2,726,129  

Donegal Group, Inc., Class A

     21,235        302,705  

Fidelity National Financial, Inc.

     84,069        3,472,050  

First American Financial Corp.

     35,048        1,979,861  

Horace Mann Educators Corp.

     26,794        787,208  

Mercury General Corp.

     30,813        863,688  

Old Republic International Corp.

     118,047        3,180,186  

Prudential Financial, Inc.

     87,587        8,311,130  

Safety Insurance Group, Inc.

     10,444        712,176  

Stewart Information Services Corp.

     19,260        843,588  

Universal Insurance Holdings, Inc.

     20,877        292,696  

Unum Group

     65,316        3,212,894  
     

 

 

 
Total Insurance

 

     26,684,311  
IT Services – 2.4%

 

International Business Machines Corp.

     195,589        27,441,137  
Leisure Products – 0.4%      

Hasbro, Inc.

     41,892        2,770,737  

Marine Products Corp.

     25,197        358,050  

Smith & Wesson Brands, Inc.

     32,030        413,507  

Sturm Ruger & Co., Inc.

     11,175        582,441  
     

 

 

 
Total Leisure Products

 

     4,124,735  
Machinery – 0.1%

 

Hyster-Yale Materials Handling, Inc.

     8,315        370,683  

Trinity Industries, Inc.

     37,333        909,058  
     

 

 

 
Total Machinery

 

     1,279,741  

 

See Notes to Financial Statements.

 

WisdomTree Trust      33  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Media – 0.8%

 

Interpublic Group of Cos., Inc.

     89,755      $ 2,572,378  

Omnicom Group, Inc.

     45,881        3,417,217  

Paramount Global, Class B

     182,462        2,353,760  

Sinclair, Inc.(a)

     34,405        386,024  
     

 

 

 
Total Media

 

     8,729,379  
Metals & Mining – 0.4%

 

Arch Resources, Inc.

     13,632        2,326,437  

Kaiser Aluminum Corp.

     11,542        868,651  

Ramaco Resources, Inc., Class A

     31,084        341,613  

SunCoke Energy, Inc.

     60,267        611,710  
     

 

 

 
Total Metals & Mining

 

     4,148,411  
Multi-Utilities – 3.5%

 

Avista Corp.

     33,104        1,071,576  

Black Hills Corp.

     24,100        1,219,219  

CMS Energy Corp.

     56,852        3,019,410  

Consolidated Edison, Inc.

     89,823        7,682,561  

Dominion Energy, Inc.

     191,101        8,536,482  

DTE Energy Co.

     53,300        5,291,624  

NiSource, Inc.

     95,784        2,363,949  

Northwestern Energy Group, Inc.

     25,094        1,206,018  

Public Service Enterprise Group, Inc.

     99,075        5,638,358  

WEC Energy Group, Inc.

     55,350        4,458,443  
     

 

 

 
Total Multi-Utilities

 

     40,487,640  
Office REITs – 0.1%

 

COPT Defense Properties

     10,218        243,495  

Cousins Properties, Inc.

     12,077        246,009  

Douglas Emmett, Inc.

     15,143        193,225  

Easterly Government Properties, Inc.

     7,818        89,360  

Highwoods Properties, Inc.

     10,076        207,666  

JBG SMITH Properties

     4,518        65,330  

Kilroy Realty Corp.

     5,729        181,094  

Orion Office REIT, Inc.

     8,747        45,572  

Paramount Group, Inc.

     7,115        32,871  

Piedmont Office Realty Trust, Inc., Class A

     15,765        88,599  

Postal Realty Trust, Inc., Class A(a)

     2,998        40,473  

SL Green Realty Corp.

     6,124        228,425  
     

 

 

 
Total Office REITs

 

     1,662,119  
Oil, Gas & Consumable Fuels – 21.7%

 

Antero Midstream Corp.

     259,039        3,103,287  

Berry Corp.

     62,418        511,828  

Chesapeake Energy Corp.(a)

     103,980        8,966,195  

Chevron Corp.

     365,892        61,696,709  

Chord Energy Corp.

     31,622        5,124,978  

Civitas Resources, Inc.(a)

     62,642        5,065,859  

CONSOL Energy, Inc.

     25,152        2,638,696  

Coterra Energy, Inc.

     418,499        11,320,398  

Crescent Energy Co., Class A

     33,607        424,792  

CVR Energy, Inc.

     59,569        2,027,133  

Devon Energy Corp.

     262,574        12,524,780  

Diamondback Energy, Inc.

     58,873        9,118,250  

DT Midstream, Inc.

     34,203        1,810,023  

Equitrans Midstream Corp.

     251,916      2,360,453  

Evolution Petroleum Corp.

     23,428        160,247  

Exxon Mobil Corp.

     606,998        71,370,825  

Kinetik Holdings, Inc.(a)

     33,573        1,133,089  

Northern Oil & Gas, Inc.

     36,204        1,456,487  

Phillips 66

     89,871        10,798,001  

Pioneer Natural Resources Co.

     114,618        26,310,562  

Riley Exploration Permian, Inc.

     15,840        503,554  

Sitio Royalties Corp., Class A

     54,744        1,325,352  

Williams Cos., Inc.

     311,789        10,504,171  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     250,255,669  
Personal Care Products – 0.1%

 

Medifast, Inc.

     8,055        602,917  

Nu Skin Enterprises, Inc., Class A

     28,203        598,185  
     

 

 

 
Total Personal Care Products

 

     1,201,102  
Pharmaceuticals – 4.1%

 

Organon & Co.

     108,573        1,884,827  

Pfizer, Inc.

     1,262,970        41,892,715  

Phibro Animal Health Corp., Class A

     18,712        238,952  

Viatris, Inc.

     328,490        3,238,912  
     

 

 

 
Total Pharmaceuticals

 

     47,255,406  
Real Estate Management & Development – 0.0%

 

Kennedy-Wilson Holdings, Inc.

     12,325        181,670  

RE/MAX Holdings, Inc., Class A

     2,987        38,652  

RMR Group, Inc., Class A

     2,307        56,568  
     

 

 

 
Total Real Estate Management & Development

 

     276,890  
Residential REITs – 0.6%

 

Apartment Income REIT Corp.

     11,275        346,142  

AvalonBay Communities, Inc.

     11,403        1,958,351  

BRT Apartments Corp.

     1,840        31,777  

Centerspace

     1,741        104,913  

Elme Communities

     4,715        64,313  

Equity Residential

     31,315        1,838,504  

Essex Property Trust, Inc.

     5,264        1,116,442  

Independence Realty Trust, Inc.

     18,919        266,190  

NexPoint Residential Trust, Inc.

     2,350        75,623  

UDR, Inc.

     26,359        940,225  

UMH Properties, Inc.

     5,512        77,278  
     

 

 

 
Total Residential REITs

 

     6,819,758  
Retail REITs – 1.7%

 

Acadia Realty Trust

     10,940        156,989  

Agree Realty Corp.

     6,706        370,439  

Alexander’s, Inc.

     383        69,794  

Brixmor Property Group, Inc.

     28,498        592,188  

CBL & Associates Properties, Inc.

     2,482        52,072  

Federal Realty Investment Trust

     5,887        533,539  

Getty Realty Corp.

     3,346        92,785  

Kimco Realty Corp.

     48,985        861,646  

Kite Realty Group Trust

     16,388        351,031  

Macerich Co.

     12,318        134,389  

NETSTREIT Corp.

     6,152        95,848  

NNN REIT, Inc.

     13,352        471,860  

 

See Notes to Financial Statements.

 

34   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Phillips Edison & Co., Inc.

     9,031      $ 302,900  

Realty Income Corp.

     55,499        2,771,620  

Regency Centers Corp.

     14,090        837,510  

Retail Opportunity Investments Corp.

     16,165        200,123  

RPT Realty

     4,409        46,559  

Saul Centers, Inc.

     2,506        88,387  

Simon Property Group, Inc.

     95,067        10,270,088  

SITE Centers Corp.

     20,441        252,037  

Spirit Realty Capital, Inc.

     13,511        453,024  

Tanger Factory Outlet Centers, Inc.

     9,003        203,468  

Urban Edge Properties

     12,024        183,486  

Whitestone REIT

     5,782        55,681  
     

 

 

 
Total Retail REITs

 

     19,447,463  
Semiconductors & Semiconductor Equipment – 0.0%

 

NVE Corp.

     3,486        286,340  
Specialized REITs – 1.5%      

Crown Castle, Inc.

     53,108        4,887,529  

CubeSmart

     17,067        650,765  

Digital Realty Trust, Inc.

     23,735        2,872,410  

EPR Properties

     6,255        259,833  

Extra Space Storage, Inc.

     16,982        2,064,672  

Four Corners Property Trust, Inc.

     9,380        208,142  

Gaming & Leisure Properties, Inc.

     19,255        877,065  

Iron Mountain, Inc.

     23,272        1,383,520  

Lamar Advertising Co., Class A

     7,550        630,199  

National Storage Affiliates Trust

     7,019        222,783  

Outfront Media, Inc.

     14,024        141,642  

PotlatchDeltic Corp.

     6,214        282,053  

Rayonier, Inc.

     10,411        296,297  

Safehold, Inc.

     1,466        26,095  

Uniti Group, Inc.

     5,125        24,190  

VICI Properties, Inc.

     82,032        2,387,131  
     

 

 

 
Total Specialized REITs

 

     17,214,326  
Specialty Retail – 1.0%

 

Aaron’s Co., Inc.

     21,028        220,163  

Advance Auto Parts, Inc.

     16,734        935,933  

Best Buy Co., Inc.

     54,150        3,761,800  

Big 5 Sporting Goods Corp.

     16,475        115,490  

Buckle, Inc.

     29,609        988,645  

Camping World Holdings, Inc., Class A

     33,008        673,693  

Foot Locker, Inc.

     32,050        556,068  

Gap, Inc.

     123,465        1,312,433  

Guess?, Inc.

     37,496        811,413  

Haverty Furniture Cos., Inc.

     11,348        326,595  

PetMed Express, Inc.

     15,765        161,591  

Upbound Group, Inc.

     41,113        1,210,778  
     

 

 

 
Total Specialty Retail

 

     11,074,602  
Technology Hardware, Storage & Peripherals – 0.6%

 

HP, Inc.

     199,633        5,130,568  

Xerox Holdings Corp.

     92,547        1,452,063  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     6,582,631  
Textiles, Apparel & Luxury Goods – 0.3%

 

Carter’s, Inc.

     19,618      1,356,585  

Kontoor Brands, Inc.

     29,899        1,312,865  

Movado Group, Inc.

     11,134        304,515  

Wolverine World Wide, Inc.

     58,034        467,754  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     3,441,719  
Tobacco – 8.3%

 

Altria Group, Inc.

     1,025,329        43,115,085  

Philip Morris International, Inc.

     543,373        50,305,472  

Universal Corp.

     18,228        860,544  

Vector Group Ltd.

     111,113        1,182,242  
     

 

 

 
Total Tobacco

 

     95,463,343  
Trading Companies & Distributors – 0.6%

 

MSC Industrial Direct Co., Inc., Class A

     22,530        2,211,320  

Watsco, Inc.(a)

     11,417        4,312,429  
     

 

 

 
Total Trading Companies & Distributors

 

     6,523,749  
Wireless Telecommunication Services – 0.1%

 

Telephone & Data Systems, Inc.

     78,137        1,430,688  
Total United States

 

     1,149,574,027  
Puerto Rico – 0.1%

 

Banks – 0.1%

 

First Bancorp

     100,281        1,349,782  
TOTAL COMMON STOCKS
(Cost: $1,229,779,554)

 

     1,150,923,809  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.1%

 

United States – 0.1%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(b)

     
(Cost: $848,268)      848,268        848,268  
TOTAL INVESTMENTS IN SECURITIES – 99.7%
(Cost: $1,230,627,822)

 

     1,151,772,077  

Other Assets less Liabilities – 0.3%

 

     2,968,537  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,154,740,614  
(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $23,792,295 and the total market value of the collateral held by the Fund was $24,465,634. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $23,617,366.

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

See Notes to Financial Statements.

 

WisdomTree Trust      35  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2023

 

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, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
   

Change in
Unrealized
Appreciation/

Depreciation

    Value at
9/30/2023
    Dividend
Income
 

WisdomTree U.S. Total Dividend Fund^

  $ 70,042     $ 4,810,835     $ 4,896,348     $ 22,274     $ (6,803   $     $ 14,061  
^ 

As of September 30, 2023, 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, 2023 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

   $ 1,150,923,809      $      $      $ 1,150,923,809  

Investment of Cash Collateral for Securities Loaned

            848,268               848,268  

Total Investments in Securities

   $ 1,150,923,809      $ 848,268      $      $ 1,151,772,077  

 

See Notes to Financial Statements.

 

36   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

United States – 99.8%

 

Aerospace & Defense – 1.5%

 

General Dynamics Corp.

     32,958      $ 7,282,729  

HEICO Corp.

     4,563        738,887  

L3Harris Technologies, Inc.

     21,406        3,727,213  

Lockheed Martin Corp.

     54,517        22,295,272  

Northrop Grumman Corp.

     11,150        4,908,118  

RTX Corp.

     181,074        13,031,896  
     

 

 

 
Total Aerospace & Defense

 

     51,984,115  
Air Freight & Logistics – 1.3%

 

Expeditors International of Washington, Inc.

     15,095        1,730,340  

FedEx Corp.

     38,439        10,183,260  

United Parcel Service, Inc., Class B

     208,415        32,485,646  
     

 

 

 
Total Air Freight & Logistics

 

     44,399,246  
Automobiles – 0.4%

 

Ford Motor Co.

     993,534        12,339,692  

General Motors Co.

     77,849        2,566,682  
     

 

 

 
Total Automobiles

 

     14,906,374  
Banks – 6.1%

 

Bank of America Corp.

     1,166,767        31,946,081  

Citigroup, Inc.

     491,035        20,196,270  

Citizens Financial Group, Inc.

     116,169        3,113,329  

Fifth Third Bancorp

     151,674        3,841,902  

Huntington Bancshares, Inc.

     344,869        3,586,638  

JPMorgan Chase & Co.

     506,239        73,414,780  

KeyCorp

     242,926        2,613,884  

M&T Bank Corp.

     29,456        3,724,711  

PNC Financial Services Group, Inc.

     88,522        10,867,846  

Regions Financial Corp.

     200,712        3,452,246  

Truist Financial Corp.

     367,103        10,502,817  

U.S. Bancorp

     550,505        18,199,695  

Wells Fargo & Co.

     594,834        24,304,917  
     

 

 

 
Total Banks

 

     209,765,116  
Beverages – 3.5%

 

Brown-Forman Corp., Class B

     30,584        1,764,391  

Coca-Cola Co.

     1,019,866        57,092,099  

Constellation Brands, Inc., Class A

     13,675        3,436,938  

Keurig Dr Pepper, Inc.

     252,486        7,970,983  

PepsiCo, Inc.

     293,719        49,767,747  
     

 

 

 
Total Beverages

 

     120,032,158  
Biotechnology – 4.1%

 

AbbVie, Inc.

     544,010        81,090,131  

Amgen, Inc.

     122,881        33,025,497  

Gilead Sciences, Inc.

     353,501        26,491,365  
     

 

 

 
Total Biotechnology

 

     140,606,993  
Broadline Retail – 0.1%

 

eBay, Inc.

     61,658        2,718,501  
Building Products – 0.1%

 

Carrier Global Corp.

     60,819        3,357,209  
Capital Markets – 3.5%

 

Ameriprise Financial, Inc.

     13,926      4,591,124  

Bank of New York Mellon Corp.

     153,926        6,564,944  

BlackRock, Inc.

     23,288        15,055,459  

Charles Schwab Corp.

     109,093        5,989,206  

CME Group, Inc.

     45,286        9,067,163  

FactSet Research Systems, Inc.

     1,740        760,832  

Goldman Sachs Group, Inc.

     51,656        16,714,332  

Intercontinental Exchange, Inc.

     45,041        4,955,411  

LPL Financial Holdings, Inc.

     3,340        793,751  

Moody’s Corp.

     11,952        3,778,864  

Morgan Stanley

     330,280        26,973,967  

MSCI, Inc.

     4,365        2,239,594  

Nasdaq, Inc.

     49,269        2,393,981  

Northern Trust Corp.

     38,732        2,691,099  

Raymond James Financial, Inc.

     16,992        1,706,506  

S&P Global, Inc.

     17,509        6,397,964  

State Street Corp.

     69,128        4,628,811  

T Rowe Price Group, Inc.

     50,260        5,270,766  
     

 

 

 
Total Capital Markets

 

     120,573,774  
Chemicals – 1.2%

 

Air Products & Chemicals, Inc.

     25,637        7,265,526  

Albemarle Corp.(a)

     5,427        922,807  

CF Industries Holdings, Inc.

     23,709        2,032,810  

Corteva, Inc.

     43,942        2,248,073  

Dow, Inc.

     218,966        11,289,887  

DuPont de Nemours, Inc.

     54,877        4,093,275  

Ecolab, Inc.

     22,851        3,870,959  

FMC Corp.

     10,418        697,694  

Mosaic Co.

     22,472        800,003  

PPG Industries, Inc.

     25,333        3,288,223  

Sherwin-Williams Co.

     14,471        3,690,829  
     

 

 

 
Total Chemicals

 

     40,200,086  
Commercial Services & Supplies – 0.5%

 

Cintas Corp.

     8,668        4,169,395  

Republic Services, Inc.

     28,668        4,085,477  

Rollins, Inc.

     55,118        2,057,555  

Waste Management, Inc.

     53,497        8,155,082  
     

 

 

 
Total Commercial Services & Supplies

 

     18,467,509  
Communications Equipment – 1.8%

 

Cisco Systems, Inc.

     1,076,497        57,872,479  

Motorola Solutions, Inc.

     12,783        3,480,044  

Ubiquiti, Inc.(a)

     2,945        427,908  
     

 

 

 
Total Communications Equipment

 

     61,780,431  
Construction & Engineering – 0.0%

 

Quanta Services, Inc.

     6,392        1,195,751  
Construction Materials – 0.1%

 

Martin Marietta Materials, Inc.

     2,796        1,147,702  

Vulcan Materials Co.

     7,470        1,509,089  
     

 

 

 
Total Construction Materials

 

     2,656,791  

 

See Notes to Financial Statements.

 

WisdomTree Trust      37  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

September 30, 2023

 

 

 

Investments    Shares      Value  
Consumer Finance – 0.6%

 

American Express Co.

     56,871      $ 8,484,585  

Capital One Financial Corp.

     53,329        5,175,579  

Discover Financial Services

     34,796        3,014,378  

Synchrony Financial

     68,474        2,093,250  
     

 

 

 
Total Consumer Finance

 

     18,767,792  
Consumer Staples Distribution & Retail – 2.3%

 

Costco Wholesale Corp.

     27,738        15,670,860  

Dollar General Corp.

     11,704        1,238,283  

Kroger Co.

     91,961        4,115,255  

Sysco Corp.

     96,275        6,358,964  

Target Corp.

     72,795        8,048,943  

Walgreens Boots Alliance, Inc.

     220,522        4,904,409  

Walmart, Inc.

     228,861        36,601,740  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     76,938,454  
Containers & Packaging – 0.0%

 

Avery Dennison Corp.

     7,273        1,328,559  
Distributors – 0.1%

 

Genuine Parts Co.

     23,242        3,355,680  
Diversified REITs – 0.1%

 

WP Carey, Inc.

     63,016        3,407,905  
Diversified Telecommunication Services – 1.0%

 

AT&T, Inc.

     2,388,094        35,869,172  
Electric Utilities – 3.3%

 

American Electric Power Co., Inc.

     152,786        11,492,563  

Avangrid, Inc.(a)

     90,100        2,718,317  

Constellation Energy Corp.

     15,668        1,709,065  

Duke Energy Corp.

     176,360        15,565,534  

Edison International

     93,695        5,929,956  

Entergy Corp.

     42,802        3,959,185  

Eversource Energy

     86,933        5,055,154  

Exelon Corp.

     181,804        6,870,373  

FirstEnergy Corp.

     184,384        6,302,245  

NextEra Energy, Inc.

     335,249        19,206,415  

PPL Corp.

     123,557        2,911,003  

Southern Co.

     372,573        24,112,925  

Xcel Energy, Inc.

     129,317        7,399,519  
     

 

 

 
Total Electric Utilities

 

     113,232,254  
Electrical Equipment – 0.4%

 

AMETEK, Inc.

     12,168        1,797,944  

Emerson Electric Co.

     77,255        7,460,515  

Rockwell Automation, Inc.

     11,247        3,215,180  
     

 

 

 
Total Electrical Equipment

 

     12,473,639  
Electronic Equipment, Instruments & Components – 0.3%

 

Amphenol Corp., Class A

     52,304        4,393,013  

CDW Corp.

     9,707        1,958,484  

Corning, Inc.

     154,480        4,707,006  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     11,058,503  
Energy Equipment & Services – 0.2%

 

Baker Hughes Co.

     159,076        5,618,564  

Halliburton Co.

     63,229        2,560,775  
     

 

 

 
Total Energy Equipment & Services

 

     8,179,339  
Entertainment – 0.1%

 

Electronic Arts, Inc.

     14,376      1,730,870  
Financial Services – 1.7%

 

Apollo Global Management, Inc.

     78,840        7,076,678  

Fidelity National Information Services, Inc.

     88,293        4,879,954  

Global Payments, Inc.

     17,095        1,972,592  

Mastercard, Inc., Class A

     44,739        17,712,618  

Visa, Inc., Class A

     116,611        26,821,696  
     

 

 

 
Total Financial Services

 

     58,463,538  
Food Products – 1.7%

 

Archer-Daniels-Midland Co.

     60,716        4,579,201  

Campbell Soup Co.

     45,450        1,867,086  

Conagra Brands, Inc.

     91,436        2,507,175  

General Mills, Inc.

     125,913        8,057,173  

Hershey Co.

     21,857        4,373,149  

Hormel Foods Corp.

     70,092        2,665,599  

J M Smucker Co.

     15,159        1,863,193  

Kellogg Co.

     90,103        5,362,029  

Kraft Heinz Co.

     277,949        9,350,204  

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

     28,749        2,174,574  

Mondelez International, Inc., Class A

     176,098        12,221,201  

Tyson Foods, Inc., Class A

     49,502        2,499,356  
     

 

 

 
Total Food Products

 

     57,519,940  
Gas Utilities – 0.1%

 

Atmos Energy Corp.

     19,599        2,076,122  
Ground Transportation – 1.3%

 

CSX Corp.

     228,016        7,011,492  

JB Hunt Transport Services, Inc.

     7,154        1,348,672  

Norfolk Southern Corp.

     38,937        7,667,863  

Old Dominion Freight Line, Inc.

     4,913        2,010,105  

Union Pacific Corp.

     129,471        26,364,180  
     

 

 

 
Total Ground Transportation

 

     44,402,312  
Health Care Equipment & Supplies – 1.2%

 

Abbott Laboratories

     262,896        25,461,477  

Becton Dickinson & Co.

     23,857        6,167,750  

ResMed, Inc.

     7,023        1,038,491  

Stryker Corp.

     25,384        6,936,686  

Zimmer Biomet Holdings, Inc.

     9,508        1,066,988  
     

 

 

 
Total Health Care Equipment & Supplies

 

     40,671,392  
Health Care Providers & Services – 3.0%

 

Cardinal Health, Inc.

     36,009        3,126,301  

Cencora, Inc.

     15,475        2,785,036  

Cigna Group

     35,109        10,043,631  

CVS Health Corp.

     240,590        16,797,994  

Elevance Health, Inc.

     20,108        8,755,425  

HCA Healthcare, Inc.

     14,713        3,619,104  

Humana, Inc.

     6,264        3,047,561  

Laboratory Corp. of America Holdings

     5,816        1,169,307  

McKesson Corp.

     6,281        2,731,293  

Quest Diagnostics, Inc.

     12,759        1,554,812  

UnitedHealth Group, Inc.

     97,893        49,356,672  
     

 

 

 
Total Health Care Providers & Services

 

     102,987,136  

 

See Notes to Financial Statements.

 

38   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

September 30, 2023

 

 

 

Investments    Shares      Value  
Health Care REITs – 0.3%

 

Ventas, Inc.

     90,143      $ 3,797,725  

Welltower, Inc.

     92,723        7,595,868  
     

 

 

 
Total Health Care REITs

 

     11,393,593  
Hotels, Restaurants & Leisure – 1.9%

 

Darden Restaurants, Inc.

     35,233        5,046,070  

Hilton Worldwide Holdings, Inc.

     12,429        1,866,587  

Marriott International, Inc., Class A

     25,737        5,058,865  

McDonald’s Corp.

     139,283        36,692,713  

Starbucks Corp.

     133,111        12,149,041  

Yum! Brands, Inc.

     42,986        5,370,671  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     66,183,947  
Household Durables – 0.2%

 

DR Horton, Inc.

     23,710        2,548,114  

Lennar Corp., Class A

     28,361        3,182,955  
     

 

 

 
Total Household Durables

 

     5,731,069  
Household Products – 2.1%

 

Church & Dwight Co., Inc.

     19,462        1,783,303  

Clorox Co.

     22,345        2,928,536  

Colgate-Palmolive Co.

     174,366        12,399,166  

Kimberly-Clark Corp.

     65,067        7,863,347  

Procter & Gamble Co.

     329,054        47,995,816  
     

 

 

 
Total Household Products

 

     72,970,168  
Independent Power & Renewable Electricity Producers – 0.0%

 

AES Corp.

     80,458        1,222,962  
Industrial Conglomerates – 1.0%

 

3M Co.

     147,214        13,782,175  

General Electric Co.

     49,373        5,458,185  

Honeywell International, Inc.

     72,886        13,464,959  
     

 

 

 
Total Industrial Conglomerates

 

     32,705,319  
Industrial REITs – 0.5%

 

Prologis, Inc.

     144,675        16,233,982  
Insurance – 2.2%

 

Aflac, Inc.

     123,275        9,461,356  

Allstate Corp.

     39,027        4,347,998  

American International Group, Inc.

     130,896        7,932,298  

Arthur J Gallagher & Co.

     14,640        3,336,895  

Brown & Brown, Inc.

     13,273        926,986  

Cincinnati Financial Corp.

     21,237        2,172,333  

Hartford Financial Services Group, Inc.

     59,576        4,224,534  

Marsh & McLennan Cos., Inc.

     57,937        11,025,411  

MetLife, Inc.

     127,616        8,028,323  

Principal Financial Group, Inc.

     58,320        4,203,122  

Progressive Corp.

     25,146        3,502,838  

Prudential Financial, Inc.

     95,418        9,054,214  

Travelers Cos., Inc.

     38,935        6,358,475  

W R Berkley Corp.

     13,483        856,036  
     

 

 

 
Total Insurance

 

     75,430,819  
IT Services – 1.0%

 

Cognizant Technology Solutions Corp., Class A

     52,075        3,527,561  

International Business Machines Corp.

     228,907        32,115,652  
     

 

 

 
Total IT Services

 

     35,643,213  
Life Sciences Tools & Services – 0.6%

 

Agilent Technologies, Inc.

     16,537      1,849,167  

Danaher Corp.

     32,842        8,148,100  

Revvity, Inc.

     6,456        714,679  

Thermo Fisher Scientific, Inc.

     17,709        8,963,765  

West Pharmaceutical Services, Inc.

     3,503        1,314,361  
     

 

 

 
Total Life Sciences Tools & Services

 

     20,990,072  
Machinery – 2.1%

 

Caterpillar, Inc.

     91,124        24,876,852  

Cummins, Inc.

     21,847        4,991,166  

Deere & Co.

     18,191        6,864,920  

Dover Corp.

     14,932        2,083,163  

Fortive Corp.

     16,600        1,231,056  

IDEX Corp.

     6,136        1,276,411  

Illinois Tool Works, Inc.

     60,897        14,025,188  

Ingersoll Rand, Inc.

     15,289        974,215  

Otis Worldwide Corp.

     51,230        4,114,281  

PACCAR, Inc.

     62,009        5,272,005  

Parker-Hannifin Corp.

     13,596        5,295,914  

Westinghouse Air Brake Technologies Corp.

     8,497        902,976  

Xylem, Inc.

     10,452        951,446  
     

 

 

 
Total Machinery

 

     72,859,593  
Media – 1.2%

 

Comcast Corp., Class A

     750,686        33,285,417  

Fox Corp., Class A

     48,247        1,505,306  

Omnicom Group, Inc.

     42,818        3,189,085  

Sirius XM Holdings, Inc.(a)

     524,084        2,368,860  
     

 

 

 
Total Media

 

     40,348,668  
Metals & Mining – 0.3%

 

Freeport-McMoRan, Inc.

     121,461        4,529,281  

Nucor Corp.

     30,498        4,768,362  

Steel Dynamics, Inc.

     17,258        1,850,403  
     

 

 

 
Total Metals & Mining

 

     11,148,046  
Multi-Utilities – 1.5%

 

Ameren Corp.

     40,027        2,995,220  

CenterPoint Energy, Inc.

     125,103        3,359,016  

CMS Energy Corp.

     49,995        2,655,235  

Consolidated Edison, Inc.

     97,970        8,379,374  

Dominion Energy, Inc.

     211,139        9,431,579  

DTE Energy Co.

     53,703        5,331,634  

Public Service Enterprise Group, Inc.

     103,457        5,887,738  

Sempra

     106,372        7,236,487  

WEC Energy Group, Inc.

     59,355        4,781,045  
     

 

 

 
Total Multi-Utilities

 

     50,057,328  
Office REITs – 0.1%

 

Alexandria Real Estate Equities, Inc.

     29,023        2,905,202  
Oil, Gas & Consumable Fuels – 11.3%

 

Cheniere Energy, Inc.

     18,690        3,101,792  

Chevron Corp.

     528,749        89,157,656  

ConocoPhillips

     181,473        21,740,465  

Coterra Energy, Inc.

     336,939        9,114,200  

 

See Notes to Financial Statements.

 

WisdomTree Trust      39  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

September 30, 2023

 

 

 

Investments    Shares      Value  

Devon Energy Corp.

     277,922      $ 13,256,879  

Diamondback Energy, Inc.

     62,581        9,692,545  

EOG Resources, Inc.

     122,913        15,580,452  

Exxon Mobil Corp.

     1,191,668        140,116,323  

Hess Corp.

     19,289        2,951,217  

Marathon Oil Corp.

     68,338        1,828,042  

Marathon Petroleum Corp.

     74,062        11,208,543  

Occidental Petroleum Corp.

     61,321        3,978,507  

Phillips 66

     98,363        11,818,314  

Pioneer Natural Resources Co.

     98,061        22,509,903  

Targa Resources Corp.

     22,815        1,955,702  

Texas Pacific Land Corp.(a)

     388        707,541  

Valero Energy Corp.

     104,988        14,877,850  

Williams Cos., Inc.

     343,766        11,581,477  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     385,177,408  
Personal Care Products – 0.1%

 

Estee Lauder Cos., Inc., Class A

     14,721        2,127,921  
Pharmaceuticals – 7.2%

 

Bristol-Myers Squibb Co.

     482,588        28,009,407  

Eli Lilly & Co.

     85,493        45,920,855  

Johnson & Johnson

     374,400        58,312,800  

Merck & Co., Inc.

     572,404        58,928,992  

Pfizer, Inc.

     1,504,806        49,914,415  

Zoetis, Inc.

     23,095        4,018,068  
     

 

 

 
Total Pharmaceuticals

 

     245,104,537  
Professional Services – 0.9%

 

Automatic Data Processing, Inc.

     66,367        15,966,573  

Broadridge Financial Solutions, Inc.

     13,634        2,441,168  

Equifax, Inc.

     6,053        1,108,789  

Jacobs Solutions, Inc.

     5,597        763,990  

Paychex, Inc.

     78,654        9,071,166  

Verisk Analytics, Inc.

     9,055        2,139,153  
     

 

 

 
Total Professional Services

 

     31,490,839  
Residential REITs – 0.6%

 

AvalonBay Communities, Inc.

     29,862        5,128,500  

Equity Residential

     86,205        5,061,096  

Invitation Homes, Inc.

     97,133        3,078,145  

Mid-America Apartment Communities, Inc.

     31,840        4,096,216  

Sun Communities, Inc.

     17,475        2,067,991  
     

 

 

 
Total Residential REITs

 

     19,431,948  
Retail REITs – 0.7%

 

Realty Income Corp.

     169,803        8,479,962  

Simon Property Group, Inc.

     133,128        14,381,818  
     

 

 

 
Total Retail REITs

 

     22,861,780  
Semiconductors & Semiconductor Equipment – 5.4%

 

Analog Devices, Inc.

     52,689        9,225,317  

Applied Materials, Inc.

     48,038        6,650,861  

Broadcom, Inc.

     70,861        58,855,729  

KLA Corp.

     10,767        4,938,392  

Lam Research Corp.

     11,902        7,459,817  

Microchip Technology, Inc.

     51,770        4,040,648  

Micron Technology, Inc.

     54,547      3,710,832  

Monolithic Power Systems, Inc.

     2,683        1,239,546  

NVIDIA Corp.

     112,610        48,984,224  

QUALCOMM, Inc.

     154,330        17,139,890  

Texas Instruments, Inc.

     143,864        22,875,815  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     185,121,071  
Software – 5.3%

 

Intuit, Inc.

     12,987        6,635,578  

Microsoft Corp.

     458,896        144,896,412  

Oracle Corp.

     246,155        26,072,737  

Roper Technologies, Inc.

     4,957        2,400,576  
     

 

 

 
Total Software

 

     180,005,303  
Specialized REITs – 2.0%

 

American Tower Corp.

     71,820        11,810,799  

Crown Castle, Inc.

     109,848        10,109,312  

Digital Realty Trust, Inc.

     72,836        8,814,613  

Equinix, Inc.

     9,469        6,876,956  

Extra Space Storage, Inc.

     27,980        3,401,808  

Iron Mountain, Inc.

     75,527        4,490,080  

Public Storage

     40,995        10,803,002  

SBA Communications Corp.

     6,286        1,258,269  

VICI Properties, Inc.

     265,784        7,734,314  

Weyerhaeuser Co.

     94,636        2,901,540  
     

 

 

 
Total Specialized REITs

 

     68,200,693  
Specialty Retail – 2.1%

 

Best Buy Co., Inc.

     52,066        3,617,025  

Home Depot, Inc.

     137,283        41,481,431  

Lowe’s Cos., Inc.

     70,240        14,598,682  

Ross Stores, Inc.

     21,454        2,423,229  

TJX Cos., Inc.

     97,470        8,663,134  

Tractor Supply Co.(a)

     10,215        2,074,156  
     

 

 

 
Total Specialty Retail

 

     72,857,657  
Technology Hardware, Storage & Peripherals – 4.5%

 

Apple, Inc.

     847,814        145,154,235  

Hewlett Packard Enterprise Co.

     227,891        3,958,466  

HP, Inc.

     204,121        5,245,910  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     154,358,611  
Textiles, Apparel & Luxury Goods – 0.2%

 

NIKE, Inc., Class B

     88,888        8,499,471  
Tobacco – 2.5%

 

Altria Group, Inc.

     712,315        29,952,846  

Philip Morris International, Inc.

     601,968        55,730,197  
     

 

 

 
Total Tobacco

 

     85,683,043  
Trading Companies & Distributors – 0.3%

 

Fastenal Co.

     118,623        6,481,561  

WW Grainger, Inc.

     4,969        3,437,753  
     

 

 

 
Total Trading Companies & Distributors

 

     9,919,314  

 

See Notes to Financial Statements.

 

40   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

September 30, 2023

 

 

 

Investments    Shares      Value  
Water Utilities – 0.1%

 

American Water Works Co., Inc.

     18,727      $ 2,318,964  
TOTAL COMMON STOCKS
(Cost: $2,818,261,891)

 

     3,414,089,202  
EXCHANGE-TRADED FUND – 0.0%

 

United States – 0.0%

 

WisdomTree U.S. Total Dividend Fund(b)
(Cost: $61,356)
     1,000        60,170  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.1%

 

United States – 0.1%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $2,861,449)      2,861,449        2,861,449  
TOTAL INVESTMENTS IN SECURITIES – 99.9%
(Cost: $2,821,184,696)

 

     3,417,010,821  

Other Assets less Liabilities – 0.1%

 

     3,607,761  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 3,420,618,582  

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $7,884,167 and the total market value of the collateral held by the Fund was $8,145,538. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $5,284,089.

 

(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, 2023.

 

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, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree U.S. Total Dividend Fund

  $ 3,180,975     $ 13,171,222     $ 16,256,300     $ (1,256   $ (34,471   $ 60,170     $ 45,722  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 3,414,089,202      $      $      $ 3,414,089,202  

Exchange-Traded Fund

     60,170                      60,170  

Investment of Cash Collateral for Securities Loaned

            2,861,449               2,861,449  

Total Investments in Securities

   $ 3,414,149,372      $ 2,861,449      $      $ 3,417,010,821  

 

See Notes to Financial Statements.

 

WisdomTree Trust      41  


Schedule of Investments (unaudited)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

United States – 99.8%

 

Aerospace & Defense – 1.0%

 

Axon Enterprise, Inc.*

     577      $ 114,817  

General Dynamics Corp.

     4,315        953,486  

HEICO Corp.

     928        150,271  

Howmet Aerospace, Inc.

     4,012        185,555  

L3Harris Technologies, Inc.

     3,421        595,664  

Lockheed Martin Corp.

     3,845        1,572,451  

Northrop Grumman Corp.

     2,257        993,509  

RTX Corp.

     21,597        1,554,336  

Textron, Inc.

     3,734        291,775  

TransDigm Group, Inc.*

     506        426,624  
     

 

 

 
Total Aerospace & Defense

 

     6,838,488  
Air Freight & Logistics – 0.9%

 

CH Robinson Worldwide, Inc.

     3,336        287,330  

Expeditors International of Washington, Inc.

     4,427        507,467  

FedEx Corp.

     9,309        2,466,140  

United Parcel Service, Inc., Class B

     19,356        3,017,020  
     

 

 

 
Total Air Freight & Logistics

 

     6,277,957  
Automobile Components – 0.1%

 

BorgWarner, Inc.

     7,548        304,713  

Phinia, Inc.

     1,511        40,479  
     

 

 

 
Total Automobile Components

 

     345,192  
Automobiles – 1.5%

 

Ford Motor Co.

     148,936        1,849,785  

General Motors Co.

     78,864        2,600,146  

Tesla, Inc.*

     22,230        5,562,391  
     

 

 

 
Total Automobiles

 

     10,012,322  
Banks – 5.1%

 

Bank of America Corp.

     236,251        6,468,552  

Citigroup, Inc.

     99,086        4,075,407  

Citizens Financial Group, Inc.

     13,638        365,498  

East West Bancorp, Inc.

     5,572        293,700  

Fifth Third Bancorp

     21,302        539,580  

First Citizens BancShares, Inc., Class A

     380        524,438  

Huntington Bancshares, Inc.

     44,419        461,958  

JPMorgan Chase & Co.

     84,096        12,195,602  

KeyCorp

     32,465        349,323  

M&T Bank Corp.

     3,109        393,133  

PNC Financial Services Group, Inc.

     10,970        1,346,787  

Regions Financial Corp.

     30,742        528,763  

Truist Financial Corp.

     42,808        1,224,737  

U.S. Bancorp

     44,672        1,476,856  

Wells Fargo & Co.

     107,044        4,373,818  
     

 

 

 
Total Banks

 

     34,618,152  
Beverages – 1.2%

 

Brown-Forman Corp., Class B

     4,033        232,664  

Coca-Cola Co.

     51,396        2,877,148  

Constellation Brands, Inc., Class A

     2,780        698,697  

Keurig Dr Pepper, Inc.

     19,082        602,419  

Molson Coors Beverage Co., Class B

     4,286        272,547  

Monster Beverage Corp.*

     8,444      447,110  

PepsiCo, Inc.

     15,940        2,700,873  
     

 

 

 
Total Beverages

 

     7,831,458  
Biotechnology – 2.8%

 

AbbVie, Inc.

     45,839        6,832,761  

Amgen, Inc.

     10,940        2,940,234  

Biogen, Inc.*

     2,676        687,759  

BioMarin Pharmaceutical, Inc.*

     1,094        96,797  

Gilead Sciences, Inc.

     28,502        2,135,940  

Incyte Corp.*

     3,045        175,910  

Moderna, Inc.*

     20,252        2,091,829  

Neurocrine Biosciences, Inc.*

     641        72,113  

Regeneron Pharmaceuticals, Inc.*

     2,648        2,179,198  

Seagen, Inc.*

     1,244        263,915  

United Therapeutics Corp.*

     824        186,117  

Vertex Pharmaceuticals, Inc.*

     3,783        1,315,500  
     

 

 

 
Total Biotechnology

 

     18,978,073  
Broadline Retail – 1.4%

 

Amazon.com, Inc.*

     69,135        8,788,441  

eBay, Inc.

     17,466        770,076  
     

 

 

 
Total Broadline Retail

 

     9,558,517  
Building Products – 0.2%

 

Carlisle Cos., Inc.

     1,200        311,112  

Carrier Global Corp.

     14,993        827,614  

Masco Corp.

     5,720        305,734  
     

 

 

 
Total Building Products

 

     1,444,460  
Capital Markets – 3.0%

 

Ameriprise Financial, Inc.

     2,638        869,696  

Bank of New York Mellon Corp.

     16,167        689,523  

BlackRock, Inc.

     2,474        1,599,416  

Cboe Global Markets, Inc.

     1,793        280,084  

Charles Schwab Corp.

     27,284        1,497,892  

CME Group, Inc.

     4,935        988,086  

FactSet Research Systems, Inc.

     370        161,786  

Franklin Resources, Inc.

     21,252        522,374  

Goldman Sachs Group, Inc.

     11,447        3,703,906  

Intercontinental Exchange, Inc.

     9,190        1,011,084  

LPL Financial Holdings, Inc.

     1,014        240,977  

MarketAxess Holdings, Inc.

     409        87,379  

Moody’s Corp.

     2,069        654,156  

Morgan Stanley

     43,106        3,520,467  

Morningstar, Inc.

     274        64,182  

MSCI, Inc.

     666        341,711  

Nasdaq, Inc.

     6,267        304,513  

Northern Trust Corp.

     5,805        403,331  

Raymond James Financial, Inc.

     4,221        423,915  

S&P Global, Inc.

     3,257        1,190,140  

State Street Corp.

     11,568        774,593  

T Rowe Price Group, Inc.

     5,026        527,077  
     

 

 

 
Total Capital Markets

 

     19,856,288  
Chemicals – 1.4%

 

Air Products & Chemicals, Inc.

     2,350        665,990  

 

See Notes to Financial Statements.

 

42   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Albemarle Corp.

     1,982      $ 337,019  

Celanese Corp.

     5,997        752,743  

CF Industries Holdings, Inc.

     9,874        846,597  

Corteva, Inc.

     9,447        483,309  

Dow, Inc.

     34,071        1,756,701  

DuPont de Nemours, Inc.

     7,741        577,401  

Eastman Chemical Co.

     4,479        343,629  

Ecolab, Inc.

     2,965        502,271  

FMC Corp.

     2,268        151,888  

Mosaic Co.

     19,592        697,475  

PPG Industries, Inc.

     3,529        458,064  

RPM International, Inc.

     1,664        157,764  

Sherwin-Williams Co.

     2,717        692,971  

Westlake Corp.

     6,892        859,226  
     

 

 

 
Total Chemicals

 

     9,283,048  
Commercial Services & Supplies – 0.3%

 

Cintas Corp.

     822        395,390  

Copart, Inc.*

     10,502        452,531  

Republic Services, Inc.

     3,426        488,239  

Rollins, Inc.

     3,616        134,986  

Waste Management, Inc.

     4,250        647,870  
     

 

 

 
Total Commercial Services & Supplies

 

     2,119,016  
Communications Equipment – 0.9%

 

Arista Networks, Inc.*

     3,130        575,701  

Cisco Systems, Inc.

     88,902        4,779,372  

Juniper Networks, Inc.

     6,889        191,445  

Motorola Solutions, Inc.

     2,085        567,620  

Ubiquiti, Inc.

     557        80,932  
     

 

 

 
Total Communications Equipment

 

     6,195,070  
Construction & Engineering – 0.1%

 

AECOM

     1,562        129,708  

Quanta Services, Inc.

     1,640        306,795  

WillScot Mobile Mini Holdings Corp.*

     1,808        75,195  
     

 

 

 
Total Construction & Engineering

 

     511,698  
Construction Materials – 0.1%

 

Martin Marietta Materials, Inc.

     725        297,598  

Vulcan Materials Co.

     1,359        274,545  
     

 

 

 
Total Construction Materials

 

     572,143  
Consumer Finance – 0.9%

 

American Express Co.

     15,081        2,249,934  

Capital One Financial Corp.

     22,350        2,169,068  

Discover Financial Services

     13,161        1,140,138  

Synchrony Financial

     23,599        721,421  
     

 

 

 
Total Consumer Finance

 

     6,280,561  
Consumer Staples Distribution & Retail – 1.8%

 

Albertsons Cos., Inc., Class A

     24,725        562,494  

BJ’s Wholesale Club Holdings, Inc.*

     2,162        154,302  

Costco Wholesale Corp.

     3,804        2,149,108  

Dollar General Corp.

     3,009        318,352  

Dollar Tree, Inc.*

     3,546        377,471  

Kroger Co.

     19,800        886,050  

Sysco Corp.

     6,455      426,353  

Target Corp.

     6,598        729,541  

Walgreens Boots Alliance, Inc.

     30,812        685,259  

Walmart, Inc.

     35,178        5,626,017  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     11,914,947  
Containers & Packaging – 0.2%

 

Avery Dennison Corp.

     1,285        234,731  

International Paper Co.

     12,740        451,888  

Packaging Corp. of America

     2,417        371,130  
     

 

 

 
Total Containers & Packaging

 

     1,057,749  
Distributors – 0.1%

 

Genuine Parts Co.

     2,208        318,791  

LKQ Corp.

     6,360        314,884  

Pool Corp.

     799        284,524  
     

 

 

 
Total Distributors

 

     918,199  
Diversified Consumer Services – 0.0%

 

Service Corp. International

     2,411        137,765  
Diversified REITs – 0.0%

 

WP Carey, Inc.

     1,621        87,664  
Diversified Telecommunication Services – 1.6%

 

AT&T, Inc.

     335,783        5,043,461  

Verizon Communications, Inc.

     186,404        6,041,353  
     

 

 

 
Total Diversified Telecommunication Services

 

     11,084,814  
Electric Utilities – 1.4%

 

Alliant Energy Corp.

     4,133        200,244  

American Electric Power Co., Inc.

     8,981        675,551  

Avangrid, Inc.

     7,098        214,147  

Constellation Energy Corp.

     2,371        258,629  

Duke Energy Corp.

     12,029        1,061,680  

Edison International

     8,465        535,750  

Entergy Corp.

     3,759        347,707  

Evergy, Inc.

     4,629        234,690  

Eversource Energy

     4,650        270,397  

Exelon Corp.

     20,137        760,977  

FirstEnergy Corp.

     10,761        367,811  

NextEra Energy, Inc.

     20,006        1,146,144  

NRG Energy, Inc.

     12,762        491,592  

PG&E Corp.*

     47,724        769,788  

PPL Corp.

     11,098        261,469  

Southern Co.

     18,860        1,220,619  

Xcel Energy, Inc.

     7,699        440,537  
     

 

 

 
Total Electric Utilities

 

     9,257,732  
Electrical Equipment – 0.3%

 

AMETEK, Inc.

     2,828        417,865  

Emerson Electric Co.

     10,270        991,774  

Hubbell, Inc.

     614        192,434  

Rockwell Automation, Inc.

     1,388        396,787  
     

 

 

 
Total Electrical Equipment

 

     1,998,860  
Electronic Equipment, Instruments & Components – 0.5%

 

Amphenol Corp., Class A

     8,135        683,259  

CDW Corp.

     2,255        454,969  

 

See Notes to Financial Statements.

 

WisdomTree Trust      43  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Corning, Inc.

     16,728      $ 509,702  

Jabil, Inc.

     4,889        620,365  

Keysight Technologies, Inc.*

     2,538        335,803  

TD SYNNEX Corp.

     3,640        363,490  

Teledyne Technologies, Inc.*

     543        221,859  

Trimble, Inc.*

     2,791        150,323  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     3,339,770  
Energy Equipment & Services – 0.1%

 

Baker Hughes Co.

     8,774        309,898  

Halliburton Co.

     14,197        574,978  
     

 

 

 
Total Energy Equipment & Services

 

     884,876  
Entertainment – 0.9%

 

Activision Blizzard, Inc.

     9,963        932,836  

Atlanta Braves Holdings, Inc., Class C*

     46        1,643  

Electronic Arts, Inc.

     4,230        509,292  

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

     1,602        99,805  

Liberty Media Corp.-Liberty Live, Class C*

     68        2,183  

Live Nation Entertainment, Inc.*

     1,978        164,253  

Netflix, Inc.*

     7,164        2,705,126  

Walt Disney Co.*

     20,696        1,677,411  
     

 

 

 
Total Entertainment

 

     6,092,549  
Financial Services – 3.6%

 

Berkshire Hathaway, Inc., Class B*

     31,419        11,006,076  

Equitable Holdings, Inc.

     19,895        564,819  

Fidelity National Information Services, Inc.

     18,277        1,010,170  

Fiserv, Inc.*

     11,874        1,341,287  

FleetCor Technologies, Inc.*

     1,539        392,968  

Global Payments, Inc.

     8,028        926,351  

Jack Henry & Associates, Inc.

     718        108,518  

Mastercard, Inc., Class A

     9,007        3,565,961  

Visa, Inc., Class A

     23,771        5,467,568  
     

 

 

 
Total Financial Services

 

     24,383,718  
Food Products – 1.0%

 

Archer-Daniels-Midland Co.

     14,475        1,091,705  

Campbell Soup Co.

     5,092        209,179  

Conagra Brands, Inc.

     9,375        257,063  

Darling Ingredients, Inc.*

     3,728        194,602  

General Mills, Inc.

     9,546        610,849  

Hershey Co.

     2,310        462,185  

Hormel Foods Corp.

     6,042        229,777  

J M Smucker Co.

     1,948        239,429  

Kellogg Co.

     6,140        365,391  

Kraft Heinz Co.

     26,802        901,619  

Lamb Weston Holdings, Inc.

     1,390        128,519  

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

     2,293        173,443  

Mondelez International, Inc., Class A

     19,616        1,361,350  

Tyson Foods, Inc., Class A

     15,005        757,602  
     

 

 

 
Total Food Products

 

     6,982,713  
Gas Utilities – 0.0%

 

Atmos Energy Corp.

     2,119        224,466  
Ground Transportation – 0.8%

 

CSX Corp.

     41,239      1,268,099  

JB Hunt Transport Services, Inc.

     1,712        322,746  

Norfolk Southern Corp.

     4,163        819,820  

Old Dominion Freight Line, Inc.

     1,430        585,070  

Union Pacific Corp.

     10,757        2,190,448  
     

 

 

 
Total Ground Transportation

 

     5,186,183  
Health Care Equipment & Supplies – 1.5%

 

Abbott Laboratories

     30,096        2,914,797  

Align Technology, Inc.*

     1,271        388,062  

Becton Dickinson & Co.

     4,400        1,137,532  

Boston Scientific Corp.*

     17,374        917,347  

Cooper Cos., Inc.

     635        201,936  

Dexcom, Inc.*

     2,316        216,083  

Edwards Lifesciences Corp.*

     6,572        455,308  

GE HealthCare Technologies, Inc.

     3,221        219,157  

Hologic, Inc.*

     6,462        448,463  

IDEXX Laboratories, Inc.*

     658        287,724  

Insulet Corp.*

     529        84,370  

Intuitive Surgical, Inc.*

     2,086        609,717  

ResMed, Inc.

     1,326        196,076  

Stryker Corp.

     4,374        1,195,283  

Teleflex, Inc.

     798        156,735  

Zimmer Biomet Holdings, Inc.

     3,786        424,865  
     

 

 

 
Total Health Care Equipment & Supplies

 

     9,853,455  
Health Care Providers & Services – 2.9%

 

Cardinal Health, Inc.

     5,613        487,321  

Cencora, Inc.

     4,393        790,608  

Centene Corp.*

     12,230        842,402  

Cigna Group

     6,979        1,996,483  

CVS Health Corp.

     35,303        2,464,855  

Elevance Health, Inc.

     4,236        1,844,439  

HCA Healthcare, Inc.

     6,808        1,674,632  

Henry Schein, Inc.*

     2,457        182,432  

Humana, Inc.

     1,767        859,681  

Laboratory Corp. of America Holdings

     2,561        514,889  

McKesson Corp.

     2,929        1,273,676  

Molina Healthcare, Inc.*

     846        277,395  

Quest Diagnostics, Inc.

     2,968        361,680  

UnitedHealth Group, Inc.

     11,863        5,981,206  
     

 

 

 
Total Health Care Providers & Services

 

     19,551,699  
Health Care REITs – 0.1%

 

Healthpeak Properties, Inc.

     4,511        82,822  

Welltower, Inc.

     3,185        260,915  
     

 

 

 
Total Health Care REITs

 

     343,737  
Health Care Technology – 0.0%

 

Veeva Systems, Inc., Class A*

     1,408        286,458  
Hotel & Resort REITs – 0.0%

 

Host Hotels & Resorts, Inc.

     13,822        222,120  
Hotels, Restaurants & Leisure – 1.3%

 

Airbnb, Inc., Class A*

     5,348        733,799  

Aramark

     2,482        86,125  

 

See Notes to Financial Statements.

 

44   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Booking Holdings, Inc.*

     578      $ 1,782,523  

Chipotle Mexican Grill, Inc.*

     203        371,862  

Darden Restaurants, Inc.

     2,077        297,468  

Domino’s Pizza, Inc.

     433        164,016  

Expedia Group, Inc.*

     3,764        387,956  

Hilton Worldwide Holdings, Inc.

     2,638        396,175  

Marriott International, Inc., Class A

     3,879        762,456  

McDonald’s Corp.

     8,371        2,205,256  

Starbucks Corp.

     9,837        897,823  

Vail Resorts, Inc.

     533        118,267  

Yum! Brands, Inc.

     3,022        377,569  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     8,581,295  
Household Durables – 0.8%

 

DR Horton, Inc.

     18,749        2,014,955  

Lennar Corp., Class A

     15,250        1,711,508  

NVR, Inc.*

     104        620,183  

PulteGroup, Inc.

     12,622        934,659  
     

 

 

 
Total Household Durables

 

     5,281,305  
Household Products – 0.9%

 

Church & Dwight Co., Inc.

     3,018        276,539  

Clorox Co.

     1,138        149,146  

Colgate-Palmolive Co.

     9,539        678,318  

Kimberly-Clark Corp.

     4,210        508,779  

Procter & Gamble Co.

     30,244        4,411,390  
     

 

 

 
Total Household Products

 

     6,024,172  
Independent Power & Renewable Electricity Producers – 0.0%

 

AES Corp.

     12,836        195,107  
Industrial Conglomerates – 0.6%

 

3M Co.

     14,180        1,327,531  

General Electric Co.

     9,360        1,034,748  

Honeywell International, Inc.

     8,439        1,559,021  
     

 

 

 
Total Industrial Conglomerates

 

     3,921,300  
Industrial REITs – 0.2%

 

Prologis, Inc.

     11,588        1,300,290  

Rexford Industrial Realty, Inc.

     1,581        78,022  
     

 

 

 
Total Industrial REITs

 

     1,378,312  
Insurance – 2.0%

 

Aflac, Inc.

     17,026        1,306,745  

Allstate Corp.

     2,516        280,308  

American Financial Group, Inc.

     2,287        255,389  

American International Group, Inc.

     20,606        1,248,724  

Arthur J Gallagher & Co.

     2,130        485,491  

Brown & Brown, Inc.

     3,181        222,161  

Cincinnati Financial Corp.

     1,934        197,829  

CNA Financial Corp.

     7,790        306,536  

Erie Indemnity Co., Class A

     329        96,657  

Fidelity National Financial, Inc.

     15,148        625,612  

Globe Life, Inc.

     1,758        191,147  

Hartford Financial Services Group, Inc.

     10,383        736,259  

Loews Corp.

     5,269        333,580  

Markel Group, Inc.*

     314        462,362  

Marsh & McLennan Cos., Inc.

     6,078      1,156,643  

MetLife, Inc.

     26,981        1,697,375  

Principal Financial Group, Inc.

     6,696        482,581  

Progressive Corp.

     5,325        741,772  

Prudential Financial, Inc.

     11,484        1,089,717  

Travelers Cos., Inc.

     6,022        983,453  

W R Berkley Corp.

     4,230        268,563  
     

 

 

 
Total Insurance

 

     13,168,904  
Interactive Media & Services – 11.1%

 

Alphabet, Inc., Class A*

     299,514        39,194,402  

Match Group, Inc.*

     1,471        57,627  

Meta Platforms, Inc., Class A*

     117,424        35,251,859  

Pinterest, Inc., Class A*

     7,871        212,753  

Snap, Inc., Class A*

     1,933        17,223  

ZoomInfo Technologies, Inc.*

     4,530        74,292  
     

 

 

 
Total Interactive Media & Services

 

     74,808,156  
IT Services – 0.7%

 

Akamai Technologies, Inc.*

     3,041        323,988  

Cognizant Technology Solutions Corp., Class A

     12,962        878,046  

EPAM Systems, Inc.*

     530        135,516  

Gartner, Inc.*

     908        311,998  

GoDaddy, Inc., Class A*

     1,677        124,903  

International Business Machines Corp.

     17,345        2,433,503  

MongoDB, Inc.*

     503        173,968  

VeriSign, Inc.*

     1,017        205,973  
     

 

 

 
Total IT Services

 

     4,587,895  
Life Sciences Tools & Services – 1.1%

 

Agilent Technologies, Inc.

     3,219        359,949  

Avantor, Inc.*

     12,852        270,920  

Bruker Corp.

     1,794        111,766  

Charles River Laboratories International, Inc.*

     882        172,854  

Danaher Corp.

     9,367        2,323,953  

Fortrea Holdings, Inc.*

     2,561        73,219  

IQVIA Holdings, Inc.*

     2,878        566,247  

Mettler-Toledo International, Inc.*

     193        213,858  

Repligen Corp.*

     342        54,381  

Revvity, Inc.

     2,540        281,178  

Thermo Fisher Scientific, Inc.

     5,259        2,661,948  

Waters Corp.*

     601        164,800  

West Pharmaceutical Services, Inc.

     934        350,446  
     

 

 

 
Total Life Sciences Tools & Services

 

     7,605,519  
Machinery – 1.7%

 

AGCO Corp.

     1,906        225,442  

Caterpillar, Inc.

     9,206        2,513,238  

Cummins, Inc.

     3,001        685,608  

Deere & Co.

     5,170        1,951,055  

Dover Corp.

     2,891        403,323  

Fortive Corp.

     5,491        407,213  

Graco, Inc.

     2,000        145,760  

IDEX Corp.

     736        153,103  

Illinois Tool Works, Inc.

     3,554        818,522  

Ingersoll Rand, Inc.

     6,021        383,658  

 

See Notes to Financial Statements.

 

WisdomTree Trust      45  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Nordson Corp.

     706      $ 157,558  

Otis Worldwide Corp.

     5,376        431,746  

PACCAR, Inc.

     11,581        984,617  

Parker-Hannifin Corp.

     2,750        1,071,180  

Snap-on, Inc.

     1,023        260,926  

Toro Co.

     1,059        88,003  

Westinghouse Air Brake Technologies Corp.

     3,049        324,017  

Xylem, Inc.

     1,609        146,467  
     

 

 

 
Total Machinery

 

     11,151,436  
Media – 1.7%

 

Charter Communications, Inc., Class A*

     4,357        1,916,296  

Comcast Corp., Class A

     145,628        6,457,145  

Fox Corp., Class A

     16,505        514,956  

Interpublic Group of Cos., Inc.

     9,112        261,150  

Liberty Broadband Corp., Class C*

     6,153        561,892  

News Corp., Class A

     11,692        234,541  

Omnicom Group, Inc.

     5,639        419,993  

Paramount Global, Class B

     20,784        268,114  

Sirius XM Holdings, Inc.(a)

     55,154        249,296  

Trade Desk, Inc., Class A*

     3,665        286,420  
     

 

 

 
Total Media

 

     11,169,803  
Metals & Mining – 0.9%

 

Freeport-McMoRan, Inc.

     33,581        1,252,236  

Nucor Corp.

     13,889        2,171,545  

Reliance Steel & Aluminum Co.

     2,776        727,951  

Southern Copper Corp.

     13,384        1,007,681  

Steel Dynamics, Inc.

     9,351        1,002,614  
     

 

 

 
Total Metals & Mining

 

     6,162,027  
Multi-Utilities – 0.6%

 

Ameren Corp.

     3,502        262,055  

CenterPoint Energy, Inc.

     10,197        273,789  

CMS Energy Corp.

     4,174        221,681  

Consolidated Edison, Inc.

     5,672        485,126  

Dominion Energy, Inc.

     17,564        784,584  

DTE Energy Co.

     2,940        291,883  

NiSource, Inc.

     6,511        160,692  

Public Service Enterprise Group, Inc.

     8,069        459,207  

Sempra

     11,430        777,583  

WEC Energy Group, Inc.

     4,433        357,078  
     

 

 

 
Total Multi-Utilities

 

     4,073,678  
Office REITs – 0.1%

 

Alexandria Real Estate Equities, Inc.

     1,149        115,015  

Boston Properties, Inc.

     3,956        235,303  
     

 

 

 
Total Office REITs

 

     350,318  
Oil, Gas & Consumable Fuels – 9.3%

 

Antero Resources Corp.*

     15,325        388,949  

APA Corp.

     16,784        689,823  

Chesapeake Energy Corp.(a)

     6,620        570,843  

Chevron Corp.

     59,776        10,079,429  

ConocoPhillips

     43,879        5,256,704  

Coterra Energy, Inc.

     42,757        1,156,577  

Devon Energy Corp.

     24,897        1,187,587  

Diamondback Energy, Inc.

     8,722      1,350,863  

EOG Resources, Inc.

     18,649        2,363,947  

EQT Corp.

     10,126        410,913  

Exxon Mobil Corp.

     157,892        18,564,941  

Hess Corp.

     4,223        646,119  

HF Sinclair Corp.

     12,456        709,120  

Kinder Morgan, Inc.

     43,673        724,098  

Marathon Oil Corp.

     32,901        880,102  

Marathon Petroleum Corp.

     27,247        4,123,561  

New Fortress Energy, Inc.(a)

     2,171        71,166  

Occidental Petroleum Corp.

     43,548        2,825,394  

ONEOK, Inc.

     8,144        516,574  

Ovintiv, Inc.

     11,332        539,063  

Phillips 66

     24,801        2,979,840  

Pioneer Natural Resources Co.

     10,127        2,324,653  

Targa Resources Corp.

     1,671        143,238  

Valero Energy Corp.

     22,893        3,244,167  

Williams Cos., Inc.

     18,680        629,329  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     62,377,000  
Passenger Airlines – 0.1%

 

Delta Air Lines, Inc.

     10,907        403,559  

Southwest Airlines Co.

     8,520        230,636  
     

 

 

 
Total Passenger Airlines

 

     634,195  
Personal Care Products – 0.1%

 

Estee Lauder Cos., Inc., Class A

     3,128        452,152  
Pharmaceuticals – 4.2%

 

Bristol-Myers Squibb Co.

     64,759        3,758,612  

Eli Lilly & Co.

     6,398        3,436,557  

Johnson & Johnson

     46,541        7,248,761  

Merck & Co., Inc.

     54,764        5,637,954  

Pfizer, Inc.

     231,346        7,673,747  

Zoetis, Inc.

     4,605        801,178  
     

 

 

 
Total Pharmaceuticals

 

     28,556,809  
Professional Services – 0.5%

 

Automatic Data Processing, Inc.

     3,715        893,755  

Booz Allen Hamilton Holding Corp.

     1,664        181,825  

Broadridge Financial Solutions, Inc.

     1,675        299,909  

Ceridian HCM Holding, Inc.*

     987        66,968  

Equifax, Inc.

     1,549        283,746  

Jacobs Solutions, Inc.

     2,306        314,769  

Leidos Holdings, Inc.

     2,654        244,592  

Paychex, Inc.

     3,769        434,679  

Paycom Software, Inc.

     485        125,746  

Paylocity Holding Corp.*

     478        86,852  

SS&C Technologies Holdings, Inc.

     7,274        382,176  

Verisk Analytics, Inc.

     1,703        402,317  
     

 

 

 
Total Professional Services

 

     3,717,334  
Real Estate Management & Development – 0.1%

 

CBRE Group, Inc., Class A*

     8,549        631,429  

CoStar Group, Inc.*

     2,702        207,757  
     

 

 

 
Total Real Estate Management & Development

 

     839,186  

 

See Notes to Financial Statements.

 

46   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Residential REITs – 0.3%

 

American Homes 4 Rent, Class A

     2,752      $ 92,715  

AvalonBay Communities, Inc.

     2,368        406,680  

Camden Property Trust

     1,819        172,041  

Equity LifeStyle Properties, Inc.

     1,822        116,080  

Equity Residential

     6,230        365,763  

Essex Property Trust, Inc.

     722        153,129  

Invitation Homes, Inc.

     5,055        160,193  

Mid-America Apartment Communities, Inc.

     1,287        165,572  

Sun Communities, Inc.

     1,061        125,559  

UDR, Inc.

     3,194        113,930  
     

 

 

 
Total Residential REITs

 

     1,871,662  
Retail REITs – 0.1%

 

Kimco Realty Corp.

     4,095        72,031  

Realty Income Corp.

     4,237        211,596  

Regency Centers Corp.

     1,853        110,142  

Simon Property Group, Inc.

     5,260        568,238  
     

 

 

 
Total Retail REITs

 

     962,007  
Semiconductors & Semiconductor Equipment – 5.6%

 

Analog Devices, Inc.

     9,610        1,682,615  

Applied Materials, Inc.

     20,174        2,793,090  

Broadcom, Inc.

     8,884        7,378,873  

Enphase Energy, Inc.*

     871        104,651  

First Solar, Inc.*

     609        98,408  

KLA Corp.

     2,897        1,328,738  

Lam Research Corp.

     3,379        2,117,856  

Lattice Semiconductor Corp.*

     1,519        130,528  

Microchip Technology, Inc.

     13,087        1,021,440  

Micron Technology, Inc.

     54,331        3,696,138  

Monolithic Power Systems, Inc.

     415        191,730  

NVIDIA Corp.

     17,969        7,816,335  

ON Semiconductor Corp.*

     10,159        944,279  

Qorvo, Inc.*

     1,573        150,174  

QUALCOMM, Inc.

     41,780        4,640,087  

Skyworks Solutions, Inc.

     6,308        621,906  

Teradyne, Inc.

     2,718        273,050  

Texas Instruments, Inc.

     15,902        2,528,577  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     37,518,475  
Software – 8.1%

 

Adobe, Inc.*

     5,942        3,029,826  

ANSYS, Inc.*

     885        263,332  

Atlassian Corp., Class A*

     1,300        261,963  

Autodesk, Inc.*

     1,541        318,848  

Bentley Systems, Inc., Class B

     1,986        99,618  

BILL Holdings, Inc.*

     811        88,050  

Cadence Design Systems, Inc.*

     2,324        544,513  

Crowdstrike Holdings, Inc., Class A*

     1,501        251,237  

Datadog, Inc., Class A*

     2,197        200,125  

Dynatrace, Inc.*

     2,128        99,441  

Fair Isaac Corp.*

     251        218,001  

Fortinet, Inc.*

     5,226        306,662  

Gen Digital, Inc.

     14,473        255,883  

HubSpot, Inc.*

     395      194,537  

Intuit, Inc.

     2,749        1,404,574  

Microsoft Corp.

     104,882        33,116,491  

Oracle Corp.

     52,806        5,593,212  

Palo Alto Networks, Inc.*

     2,018        473,100  

PTC, Inc.*

     1,532        217,054  

Roper Technologies, Inc.

     1,123        543,846  

Salesforce, Inc.*

     14,946        3,030,750  

ServiceNow, Inc.*

     1,430        799,313  

Splunk, Inc.*

     1,327        194,074  

Synopsys, Inc.*

     1,319        605,381  

Tyler Technologies, Inc.*

     398        153,684  

VMware, Inc., Class A*

     7,196        1,197,990  

Workday, Inc., Class A*

     1,489        319,912  

Zoom Video Communications, Inc., Class A*

     5,141        359,562  
     

 

 

 
Total Software

 

     54,140,979  
Specialized REITs – 0.7%

 

American Tower Corp.

     4,265        701,379  

Crown Castle, Inc.

     3,792        348,978  

Digital Realty Trust, Inc.

     3,912        473,430  

Equinix, Inc.

     584        424,136  

Extra Space Storage, Inc.

     1,914        232,704  

Gaming & Leisure Properties, Inc.

     3,279        149,358  

Iron Mountain, Inc.

     2,858        169,908  

Public Storage

     4,659        1,227,740  

SBA Communications Corp.

     741        148,326  

VICI Properties, Inc.

     8,699        253,141  

Weyerhaeuser Co.

     24,962        765,335  
     

 

 

 
Total Specialized REITs

 

     4,894,435  
Specialty Retail – 1.8%

 

AutoZone, Inc.*

     311        789,937  

Bath & Body Works, Inc.

     6,052        204,558  

Best Buy Co., Inc.

     5,904        410,151  

Burlington Stores, Inc.*

     617        83,480  

Home Depot, Inc.

     16,592        5,013,439  

Lowe’s Cos., Inc.

     13,128        2,728,523  

O’Reilly Automotive, Inc.*

     827        751,627  

Ross Stores, Inc.

     3,986        450,219  

TJX Cos., Inc.

     14,390        1,278,983  

Tractor Supply Co.

     1,468        298,077  

Ulta Beauty, Inc.*

     767        306,378  
     

 

 

 
Total Specialty Retail

 

     12,315,372  
Technology Hardware, Storage & Peripherals – 5.9%

 

Apple, Inc.

     216,033        36,987,010  

Hewlett Packard Enterprise Co.

     55,021        955,715  

HP, Inc.

     43,539        1,118,952  

NetApp, Inc.

     5,863        444,884  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     39,506,561  
Textiles, Apparel & Luxury Goods – 0.3%

 

Deckers Outdoor Corp.*

     389        199,981  

NIKE, Inc., Class B

     15,764        1,507,354  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     1,707,335  

 

See Notes to Financial Statements.

 

WisdomTree Trust      47  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Tobacco – 0.7%

 

Altria Group, Inc.

     56,531      $ 2,377,129  

Philip Morris International, Inc.

     26,428        2,446,704  
     

 

 

 
Total Tobacco

 

     4,823,833  
Trading Companies & Distributors – 0.3%

 

Fastenal Co.

     7,033        384,283  

United Rentals, Inc.

     1,994        886,473  

Watsco, Inc.(a)

     604        228,143  

WW Grainger, Inc.

     730        505,043  
     

 

 

 
Total Trading Companies & Distributors

 

     2,003,942  
Water Utilities – 0.1%

 

American Water Works Co., Inc.

     2,025        250,756  

Essential Utilities, Inc.

     2,543        87,300  
     

 

 

 
Total Water Utilities

 

     338,056  
Wireless Telecommunication Services – 0.2%

 

T-Mobile U.S., Inc.*

     7,770        1,088,189  
TOTAL COMMON STOCKS
(Cost: $604,098,340)

 

     670,738,666  
EXCHANGE-TRADED FUND – 0.1%

 

United States – 0.1%

 

WisdomTree U.S. High Dividend Fund(b)
(Cost: $481,422)
     6,376        497,711  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0%

 

United States – 0.0%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $771)      771      771  
TOTAL INVESTMENTS IN SECURITIES – 99.9%
(Cost: $604,580,533)

 

     671,237,148  

Other Assets less Liabilities – 0.1%

 

     723,874  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 671,961,022  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $891,210 and the total market value of the collateral held by the Fund was $927,815. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $927,044.

 

(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, 2023.

 

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, 2023 were as follows:

 

Affiliate    Value at
3/31/2023
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2023
     Dividend
Income
 

WisdomTree U.S. High Dividend Fund

   $ 151,624      $ 1,929,022      $ 1,520,103      $ (53,875    $ (8,957    $ 497,711      $ 18,096  

 

FAIR VALUATION SUMMARY               

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 670,738,666      $      $      $ 670,738,666  

Exchange-Traded Fund

     497,711                      497,711  

Investment of Cash Collateral for Securities Loaned

            771               771  

Total Investments in Securities

   $ 671,236,377      $ 771      $      $ 671,237,148  

 

See Notes to Financial Statements.

 

48   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. MidCap Dividend Fund (DON)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

United States – 99.4%

 

Aerospace & Defense – 1.5%

 

BWX Technologies, Inc.

     112,468      $ 8,432,851  

Curtiss-Wright Corp.

     17,987        3,518,797  

Hexcel Corp.

     47,919        3,121,444  

Howmet Aerospace, Inc.

     202,532        9,367,105  

Huntington Ingalls Industries, Inc.

     44,961        9,198,121  

Textron, Inc.

     108,100        8,446,934  

Woodward, Inc.

     36,781        4,570,407  
     

 

 

 
Total Aerospace & Defense

 

     46,655,659  
Air Freight & Logistics – 0.6%

 

CH Robinson Worldwide, Inc.

     225,326        19,407,328  
Automobile Components – 0.8%

 

BorgWarner, Inc.

     209,240        8,447,019  

Gentex Corp.

     235,711        7,670,036  

Lear Corp.

     73,450        9,856,990  
     

 

 

 
Total Automobile Components

 

     25,974,045  
Automobiles – 0.4%

 

Harley-Davidson, Inc.

     118,922        3,931,561  

Thor Industries, Inc.

     95,365        9,072,073  
     

 

 

 
Total Automobiles

 

     13,003,634  
Banks – 7.8%

 

Ameris Bancorp

     85,199        3,270,790  

Associated Banc-Corp.

     318,029        5,441,476  

Bank OZK

     287,052        10,641,018  

BOK Financial Corp.

     79,441        6,353,691  

Cadence Bank

     324,467        6,885,190  

Comerica, Inc.

     270,742        11,249,330  

Commerce Bancshares, Inc.

     147,847        7,093,699  

Cullen/Frost Bankers, Inc.

     123,542        11,268,266  

CVB Financial Corp.

     333,011        5,517,992  

East West Bancorp, Inc.

     268,351        14,144,781  

First Citizens BancShares, Inc., Class A

     6,930        9,564,093  

First Financial Bankshares, Inc.

     226,825        5,697,844  

First Interstate BancSystem, Inc., Class A

     250,710        6,252,707  

FNB Corp.

     1,013,925        10,940,251  

Glacier Bancorp, Inc.

     145,346        4,142,361  

Hancock Whitney Corp.

     152,171        5,628,805  

Home BancShares, Inc.

     315,486        6,606,277  

Independent Bank Corp.

     65,791        3,229,680  

New York Community Bancorp, Inc.

     1,601,522        18,161,259  

Old National Bancorp

     500,686        7,279,974  

Pinnacle Financial Partners, Inc.

     57,247        3,837,839  

Prosperity Bancshares, Inc.

     148,634        8,112,444  

ServisFirst Bancshares, Inc.

     66,196        3,453,445  

SouthState Corp.

     105,464        7,104,055  

Synovus Financial Corp.

     272,805        7,583,979  

UMB Financial Corp.

     80,911        5,020,528  

United Bankshares, Inc.

     252,876        6,976,849  

United Community Banks, Inc.

     161,254        4,097,464  

Valley National Bancorp

     1,013,945        8,679,369  

Webster Financial Corp.

     290,010      11,690,303  

Western Alliance Bancorp

     138,743        6,378,016  

Wintrust Financial Corp.

     60,781        4,588,966  

Zions Bancorp NA

     265,027        9,246,792  
     

 

 

 
Total Banks

 

     246,139,533  
Beverages – 0.7%

 

Coca-Cola Consolidated, Inc.

     4,492        2,858,349  

Molson Coors Beverage Co., Class B

     285,762        18,171,606  
     

 

 

 
Total Beverages

 

     21,029,955  
Broadline Retail – 0.5%

 

Dillard’s, Inc., Class A

     6,955        2,300,784  

Kohl’s Corp.(a)

     397,471        8,330,992  

Macy’s, Inc.

     407,084        4,726,245  
     

 

 

 
Total Broadline Retail

 

     15,358,021  
Building Products – 2.9%

 

A O Smith Corp.

     141,217        9,338,680  

AAON, Inc.

     47,759        2,716,054  

Advanced Drainage Systems, Inc.

     45,418        5,169,931  

Carlisle Cos., Inc.

     48,342        12,533,147  

Fortune Brands Innovations, Inc.

     131,874        8,197,288  

Lennox International, Inc.

     32,442        12,147,583  

Masco Corp.

     266,183        14,227,481  

Owens Corning

     83,487        11,388,462  

Simpson Manufacturing Co., Inc.

     37,300        5,587,913  

UFP Industries, Inc.

     68,960        7,061,504  

Zurn Elkay Water Solutions Corp.

     153,673        4,305,917  
     

 

 

 
Total Building Products

 

     92,673,960  
Capital Markets – 5.7%

 

Affiliated Managers Group, Inc.

     19,423        2,531,594  

Ares Management Corp., Class A

     293,399        30,181,955  

Blue Owl Capital, Inc.(a)

     1,042,632        13,512,511  

Carlyle Group, Inc.(a)

     767,137        23,136,852  

Cboe Global Markets, Inc.

     127,598        19,932,084  

Evercore, Inc., Class A

     59,613        8,219,440  

Franklin Resources, Inc.

     1,050,533        25,822,101  

Houlihan Lokey, Inc.

     89,775        9,616,698  

Interactive Brokers Group, Inc., Class A

     53,374        4,620,053  

Jefferies Financial Group, Inc.

     396,953        14,540,388  

MarketAxess Holdings, Inc.

     21,933        4,685,766  

Morningstar, Inc.

     21,561        5,050,449  

SEI Investments Co.

     102,784        6,190,680  

Stifel Financial Corp.

     118,799        7,299,011  

Tradeweb Markets, Inc., Class A

     53,928        4,325,026  
     

 

 

 
Total Capital Markets

 

     179,664,608  
Chemicals – 3.3%

 

Ashland, Inc.

     42,227        3,449,101  

Balchem Corp.

     19,631        2,435,029  

Cabot Corp.

     71,511        4,953,567  

Celanese Corp.(a)

     143,496        18,011,618  

Chemours Co.

     272,968        7,656,753  

Eastman Chemical Co.

     214,175        16,431,506  

Element Solutions, Inc.

     256,887        5,037,554  

 

See Notes to Financial Statements.

 

WisdomTree Trust      49  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Dividend Fund (DON)

September 30, 2023

 

 

 

Investments    Shares      Value  

H B Fuller Co.

     53,093      $ 3,642,711  

Huntsman Corp.

     453,508        11,065,595  

Olin Corp.

     164,049        8,199,169  

RPM International, Inc.

     111,698        10,590,087  

Westlake Corp.

     91,788        11,443,210  
     

 

 

 
Total Chemicals

 

     102,915,900  
Commercial Services & Supplies – 0.3%

 

MSA Safety, Inc.

     34,431        5,428,047  

Tetra Tech, Inc.

     31,170        4,738,775  
     

 

 

 
Total Commercial Services & Supplies

 

     10,166,822  
Communications Equipment – 0.4%

 

Juniper Networks, Inc.

     433,365        12,043,213  
Construction & Engineering – 0.9%

 

AECOM

     100,291        8,328,165  

Comfort Systems USA, Inc.

     22,964        3,913,295  

EMCOR Group, Inc.

     24,986        5,256,804  

MDU Resources Group, Inc.

     317,177        6,210,326  

Valmont Industries, Inc.

     13,753        3,303,608  
     

 

 

 
Total Construction & Engineering

 

     27,012,198  
Construction Materials – 0.2%

 

Eagle Materials, Inc.

     29,306        4,880,035  
Consumer Finance – 1.4%

 

Ally Financial, Inc.

     722,351        19,272,325  

FirstCash Holdings, Inc.

     45,338        4,551,029  

OneMain Holdings, Inc.

     392,668        15,742,060  

SLM Corp.

     391,407        5,330,963  
     

 

 

 
Total Consumer Finance

 

     44,896,377  
Consumer Staples Distribution & Retail – 0.7%

 

Albertsons Cos., Inc., Class A

     638,243        14,520,028  

Casey’s General Stores, Inc.

     23,361        6,342,979  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     20,863,007  
Containers & Packaging – 4.1%

 

AptarGroup, Inc.

     56,890        7,113,526  

Berry Global Group, Inc.

     119,271        7,384,068  

Graphic Packaging Holding Co.

     443,529        9,881,826  

International Paper Co.

     880,890        31,245,168  

Packaging Corp. of America

     250,624        38,483,315  

Sealed Air Corp.

     126,072        4,142,726  

Silgan Holdings, Inc.

     116,899        5,039,516  

Sonoco Products Co.

     242,724        13,192,049  

Westrock Co.

     394,126        14,109,711  
     

 

 

 
Total Containers & Packaging

 

     130,591,905  
Distributors – 0.8%

 

LKQ Corp.

     282,065        13,965,038  

Pool Corp.

     27,704        9,865,395  
     

 

 

 
Total Distributors

 

     23,830,433  
Diversified Consumer Services – 0.8%

 

ADT, Inc.

     726,417        4,358,502  

H&R Block, Inc.

     320,588        13,804,519  

Service Corp. International

     131,667        7,523,453  
     

 

 

 
Total Diversified Consumer Services

 

     25,686,474  
Electric Utilities – 4.2%

 

ALLETE, Inc.

     126,478      6,678,038  

Alliant Energy Corp.

     396,240        19,197,828  

Evergy, Inc.

     475,741        24,120,069  

Hawaiian Electric Industries, Inc.

     203,354        2,503,288  

IDACORP, Inc.

     81,590        7,640,903  

NRG Energy, Inc.

     402,282        15,495,903  

OGE Energy Corp.

     624,686        20,820,784  

Pinnacle West Capital Corp.

     252,598        18,611,421  

PNM Resources, Inc.

     144,046        6,425,892  

Portland General Electric Co.

     292,654        11,846,634  
     

 

 

 
Total Electric Utilities

 

     133,340,760  
Electrical Equipment – 1.3%

 

Acuity Brands, Inc.

     17,347        2,954,368  

Hubbell, Inc.

     74,176        23,247,500  

Regal Rexnord Corp.

     46,780        6,683,926  

Vertiv Holdings Co.

     184,783        6,873,928  
     

 

 

 
Total Electrical Equipment

 

     39,759,722  
Electronic Equipment, Instruments & Components – 1.6%

 

Avnet, Inc.

     198,492        9,565,329  

Cognex Corp.

     87,641        3,719,484  

Crane NXT Co.

     60,158        3,342,980  

Jabil, Inc.

     69,257        8,788,021  

Littelfuse, Inc.

     23,056        5,702,210  

National Instruments Corp.

     203,523        12,134,041  

TD SYNNEX Corp.

     68,031        6,793,576  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     50,045,641  
Energy Equipment & Services – 0.6%

 

ChampionX Corp.

     139,485        4,968,456  

Helmerich & Payne, Inc.

     131,994        5,564,867  

NOV, Inc.

     244,168        5,103,111  

Patterson-UTI Energy, Inc.

     276,173        3,822,234  
     

 

 

 
Total Energy Equipment & Services

 

     19,458,668  
Entertainment – 0.2%

 

Warner Music Group Corp., Class A

     160,844        5,050,502  
Financial Services – 1.9%

 

Enact Holdings, Inc.

     312,097        8,498,401  

Equitable Holdings, Inc.

     490,131        13,914,819  

Jack Henry & Associates, Inc.

     60,109        9,084,874  

MGIC Investment Corp.

     747,657        12,478,395  

TFS Financial Corp.

     864,959        10,223,816  

Voya Financial, Inc.

     78,398        5,209,547  
     

 

 

 
Total Financial Services

 

     59,409,852  
Food Products – 1.1%

 

Flowers Foods, Inc.

     462,166        10,250,842  

Ingredion, Inc.

     100,936        9,932,102  

Lamb Weston Holdings, Inc.

     90,215        8,341,279  

Lancaster Colony Corp.

     28,507        4,704,510  

Seaboard Corp.

     588        2,206,764  
     

 

 

 
Total Food Products

 

     35,435,497  

 

See Notes to Financial Statements.

 

50   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Dividend Fund (DON)

September 30, 2023

 

 

 

Investments    Shares      Value  
Gas Utilities – 1.8%

 

National Fuel Gas Co.

     215,175      $ 11,169,734  

New Jersey Resources Corp.

     244,123        9,918,718  

ONE Gas, Inc.

     146,917        10,031,493  

Southwest Gas Holdings, Inc.

     131,400        7,937,874  

Spire, Inc.

     128,673        7,280,318  

UGI Corp.

     401,077        9,224,771  
     

 

 

 
Total Gas Utilities

 

     55,562,908  
Ground Transportation – 0.7%

 

Knight-Swift Transportation Holdings, Inc.

     88,994        4,463,049  

Landstar System, Inc.

     25,597        4,529,133  

Ryder System, Inc.

     115,395        12,341,496  
     

 

 

 
Total Ground Transportation

 

     21,333,678  
Health Care Equipment & Supplies – 0.6%

 

Cooper Cos., Inc.

     24,294        7,725,735  

Dentsply Sirona, Inc.

     207,515        7,088,712  

Teleflex, Inc.

     23,493        4,614,260  
     

 

 

 
Total Health Care Equipment & Supplies

 

     19,428,707  
Health Care Providers & Services – 0.7%

 

Chemed Corp.

     7,348        3,818,756  

Encompass Health Corp.

     73,189        4,915,373  

Ensign Group, Inc.

     28,322        2,631,963  

Premier, Inc., Class A

     248,293        5,338,300  

Universal Health Services, Inc., Class B

     34,080        4,284,878  
     

 

 

 
Total Health Care Providers & Services

 

     20,989,270  
Health Care REITs – 1.2%

 

Healthpeak Properties, Inc.

     752,627        13,818,232  

Omega Healthcare Investors, Inc.

     751,579        24,922,359  
     

 

 

 
Total Health Care REITs

 

     38,740,591  
Hotel & Resort REITs – 0.4%

 

Apple Hospitality REIT, Inc.

     287,828        4,415,282  

Host Hotels & Resorts, Inc.

     382,536        6,147,353  

Ryman Hospitality Properties, Inc.

     28,272        2,354,492  
     

 

 

 
Total Hotel & Resort REITs

 

     12,917,127  
Hotels, Restaurants & Leisure – 2.5%

 

Aramark

     159,512        5,535,067  

Boyd Gaming Corp.

     96,775        5,886,823  

Choice Hotels International, Inc.

     41,383        5,069,831  

Churchill Downs, Inc.

     38,113        4,422,633  

Domino’s Pizza, Inc.

     32,151        12,178,477  

Marriott Vacations Worldwide Corp.

     39,837        4,008,797  

Texas Roadhouse, Inc.

     102,911        9,889,747  

Vail Resorts, Inc.(a)

     62,926        13,962,650  

Wendy’s Co.

     273,293        5,577,910  

Wingstop, Inc.

     16,818        3,024,549  

Wyndham Hotels & Resorts, Inc.

     130,038        9,042,843  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     78,599,327  
Household Durables – 1.2%

 

Leggett & Platt, Inc.

     351,418        8,929,532  

PulteGroup, Inc.

     176,020        13,034,281  

Tempur Sealy International, Inc.

     143,330        6,211,922  

Toll Brothers, Inc.

     121,066      8,954,041  
     

 

 

 
Total Household Durables

 

     37,129,776  
Household Products – 0.3%

 

Reynolds Consumer Products, Inc.

     328,944        8,430,835  
Independent Power & Renewable Electricity Producers – 1.3%

 

Clearway Energy, Inc., Class C

     371,229        7,855,206  

Ormat Technologies, Inc.

     30,086        2,103,613  

Vistra Corp.

     980,257        32,524,927  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     42,483,746  
Industrial REITs – 0.7%

 

Americold Realty Trust, Inc.

     139,047        4,228,419  

EastGroup Properties, Inc.

     30,459        5,072,337  

First Industrial Realty Trust, Inc.

     69,868        3,325,018  

Rexford Industrial Realty, Inc.

     101,465        5,007,298  

STAG Industrial, Inc.

     90,576        3,125,778  

Terreno Realty Corp.

     38,468        2,184,983  
     

 

 

 
Total Industrial REITs

 

     22,943,833  
Insurance – 6.5%

 

American Financial Group, Inc.

     83,805        9,358,504  

Assurant, Inc.

     63,726        9,149,779  

CNA Financial Corp.

     520,607        20,485,885  

Erie Indemnity Co., Class A

     39,012        11,461,336  

Fidelity National Financial, Inc.

     651,399        26,902,779  

First American Financial Corp.

     218,986        12,370,519  

Globe Life, Inc.

     58,508        6,361,575  

Hanover Insurance Group, Inc.

     62,873        6,977,646  

Kemper Corp.

     91,641        3,851,671  

Kinsale Capital Group, Inc.

     12,341        5,110,778  

Loews Corp.

     122,970        7,785,231  

Old Republic International Corp.

     883,949        23,813,586  

Primerica, Inc.

     50,429        9,783,730  

Reinsurance Group of America, Inc.

     117,985        17,130,242  

RLI Corp.

     35,447        4,816,893  

Selective Insurance Group, Inc.

     68,851        7,103,358  

Unum Group

     479,310        23,577,259  
     

 

 

 
Total Insurance

 

     206,040,771  
Leisure Products – 1.1%

 

Brunswick Corp.

     87,885        6,942,915  

Hasbro, Inc.

     307,379        20,330,047  

Polaris, Inc.

     74,581        7,766,865  
     

 

 

 
Total Leisure Products

 

     35,039,827  
Life Sciences Tools & Services – 0.1%

 

Bruker Corp.

     73,738        4,593,877  
Machinery – 4.5%

 

AGCO Corp.

     37,821        4,473,468  

Allison Transmission Holdings, Inc.

     154,087        9,100,378  

Donaldson Co., Inc.

     156,457        9,331,096  

Flowserve Corp.

     200,121        7,958,812  

Franklin Electric Co., Inc.

     47,044        4,197,736  

Graco, Inc.

     165,491        12,060,984  

ITT, Inc.

     89,776        8,789,968  

 

See Notes to Financial Statements.

 

WisdomTree Trust      51  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Dividend Fund (DON)

September 30, 2023

 

 

 

Investments    Shares      Value  

Lincoln Electric Holdings, Inc.

     79,818      $ 14,510,114  

Mueller Industries, Inc.

     81,076        6,093,672  

Nordson Corp.

     50,000        11,158,500  

Oshkosh Corp.

     66,565        6,352,298  

Snap-on, Inc.

     107,021        27,296,776  

Timken Co.

     108,386        7,965,287  

Toro Co.

     91,588        7,610,963  

Watts Water Technologies, Inc., Class A

     23,134        3,998,018  
     

 

 

 
Total Machinery

 

     140,898,070  
Media – 2.2%

 

Cable One, Inc.

     5,606        3,451,278  

Interpublic Group of Cos., Inc.

     678,859        19,456,099  

New York Times Co., Class A

     118,866        4,897,279  

News Corp., Class A

     360,659        7,234,819  

Nexstar Media Group, Inc.

     59,951        8,595,175  

Paramount Global, Class B

     1,563,893        20,174,220  

TEGNA, Inc.

     364,793        5,315,034  
     

 

 

 
Total Media

 

     69,123,904  
Metals & Mining – 1.3%

 

Alcoa Corp.

     100,532        2,921,460  

Commercial Metals Co.

     134,761        6,658,541  

Reliance Steel & Aluminum Co.

     76,014        19,933,151  

Royal Gold, Inc.

     74,847        7,958,482  

U.S. Steel Corp.

     134,980        4,384,150  
     

 

 

 
Total Metals & Mining

 

     41,855,784  
Multi-Utilities – 0.8%

 

Black Hills Corp.

     130,070        6,580,241  

NiSource, Inc.

     704,424        17,385,185  
     

 

 

 
Total Multi-Utilities

 

     23,965,426  
Office REITs – 0.1%

 

Cousins Properties, Inc.

     76,637        1,561,096  

Kilroy Realty Corp.

     62,591        1,978,501  
     

 

 

 
Total Office REITs

 

     3,539,597  
Oil, Gas & Consumable Fuels – 8.0%

 

Antero Midstream Corp.

     1,551,520        18,587,210  

APA Corp.

     360,018        14,796,740  

Chesapeake Energy Corp.(a)

     454,504        39,191,880  

Chord Energy Corp.

     142,003        23,014,426  

Civitas Resources, Inc.(a)

     287,311        23,234,840  

Comstock Resources, Inc.(a)

     641,808        7,079,142  

CVR Energy, Inc.

     349,272        11,885,726  

DT Midstream, Inc.

     222,192        11,758,401  

EQT Corp.

     313,581        12,725,117  

Equitrans Midstream Corp.

     1,413,575        13,245,198  

HF Sinclair Corp.

     312,310        17,779,808  

Magnolia Oil & Gas Corp., Class A

     270,809        6,204,234  

Matador Resources Co.

     75,412        4,485,506  

Murphy Oil Corp.

     276,536        12,540,908  

Ovintiv, Inc.

     254,436        12,103,520  

PBF Energy, Inc., Class A

     237,871        12,733,235  

Range Resources Corp.

     196,817        6,378,839  

SM Energy Co.

     123,106      4,881,153  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     252,625,883  
Paper & Forest Products – 0.1%

 

Louisiana-Pacific Corp.

     67,826        3,748,743  
Pharmaceuticals – 1.3%

 

Organon & Co.

     792,084        13,750,578  

Viatris, Inc.

     2,618,267        25,816,113  
     

 

 

 
Total Pharmaceuticals

 

     39,566,691  
Professional Services – 2.6%

 

Booz Allen Hamilton Holding Corp.

     111,345        12,166,668  

Concentrix Corp.

     32,952        2,639,785  

Dun & Bradstreet Holdings, Inc.

     386,366        3,859,796  

Exponent, Inc.

     46,301        3,963,366  

Insperity, Inc.

     58,276        5,687,738  

KBR, Inc.

     82,009        4,833,610  

Leidos Holdings, Inc.

     96,134        8,859,709  

ManpowerGroup, Inc.

     125,619        9,210,385  

Maximus, Inc.

     62,112        4,638,524  

Robert Half, Inc.

     133,752        9,801,347  

Science Applications International Corp.

     62,110        6,555,089  

SS&C Technologies Holdings, Inc.

     205,581        10,801,226  
     

 

 

 
Total Professional Services

 

     83,017,243  
Residential REITs – 1.7%

 

American Homes 4 Rent, Class A

     182,155        6,136,802  

Apartment Income REIT Corp.

     230,212        7,067,508  

Camden Property Trust

     72,167        6,825,555  

Equity LifeStyle Properties, Inc.

     95,588        6,089,912  

Essex Property Trust, Inc.

     74,809        15,866,241  

Independence Realty Trust, Inc.

     114,062        1,604,852  

UDR, Inc.

     310,861        11,088,412  
     

 

 

 
Total Residential REITs

 

     54,679,282  
Retail REITs – 2.4%

 

Agree Realty Corp.

     43,641        2,410,729  

Brixmor Property Group, Inc.

     497,940        10,347,193  

Federal Realty Investment Trust

     130,570        11,833,559  

Kimco Realty Corp.

     723,516        12,726,647  

Kite Realty Group Trust

     118,077        2,529,210  

NNN REIT, Inc.

     370,742        13,102,022  

Phillips Edison & Co., Inc.

     58,608        1,965,712  

Regency Centers Corp.

     156,587        9,307,531  

Spirit Realty Capital, Inc.

     381,989        12,808,091  
     

 

 

 
Total Retail REITs

 

     77,030,694  
Semiconductors & Semiconductor Equipment – 1.4%

 

Amkor Technology, Inc.

     177,827        4,018,890  

MKS Instruments, Inc.

     47,437        4,105,198  

Power Integrations, Inc.

     42,471        3,240,962  

Skyworks Solutions, Inc.

     212,727        20,972,755  

Teradyne, Inc.

     77,563        7,791,979  

Universal Display Corp.

     33,066        5,191,031  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     45,320,815  

 

See Notes to Financial Statements.

 

52   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Dividend Fund (DON)

September 30, 2023

 

 

 

Investments    Shares      Value  
Software – 0.8%

 

Bentley Systems, Inc., Class B

     138,732      $ 6,958,797  

Dolby Laboratories, Inc., Class A

     78,698        6,237,604  

Gen Digital, Inc.

     702,718        12,424,054  
     

 

 

 
Total Software

 

     25,620,455  
Specialized REITs – 1.8%

 

CubeSmart

     388,944        14,830,435  

Gaming & Leisure Properties, Inc.

     446,307        20,329,284  

Lamar Advertising Co., Class A

     196,673        16,416,295  

National Storage Affiliates Trust

     43,505        1,380,849  

PotlatchDeltic Corp.

     42,548        1,931,254  

Rayonier, Inc.

     78,118        2,223,238  
     

 

 

 
Total Specialized REITs

 

     57,111,355  
Specialty Retail – 2.4%

 

Academy Sports & Outdoors, Inc.

     62,363        2,947,899  

Advance Auto Parts, Inc.

     118,270        6,614,841  

Bath & Body Works, Inc.

     225,376        7,617,709  

Dick’s Sporting Goods, Inc.

     58,633        6,366,371  

Foot Locker, Inc.

     210,311        3,648,896  

Gap, Inc.

     767,429        8,157,770  

Lithia Motors, Inc.

     16,301        4,814,174  

Murphy USA, Inc.

     12,933        4,419,594  

Penske Automotive Group, Inc.

     72,111        12,046,864  

Valvoline, Inc.

     164,788        5,312,765  

Williams-Sonoma, Inc.

     97,331        15,125,238  
     

 

 

 
Total Specialty Retail

 

     77,072,121  
Technology Hardware, Storage & Peripherals – 0.8%

 

NetApp, Inc.

     335,427        25,452,201  
Textiles, Apparel & Luxury Goods – 0.8%

 

Columbia Sportswear Co.(a)

     53,912        3,994,879  

PVH Corp.

     31,173        2,385,046  

Ralph Lauren Corp.

     65,215        7,570,810  

Tapestry, Inc.

     399,708        11,491,605  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     25,442,340  
Trading Companies & Distributors – 2.1%

 

Air Lease Corp.

     140,982      5,556,101  

Applied Industrial Technologies, Inc.

     39,527        6,111,270  

GATX Corp.

     42,909        4,669,787  

Herc Holdings, Inc.

     35,011        4,164,208  

MSC Industrial Direct Co., Inc., Class A

     139,929        13,734,031  

Watsco, Inc.(a)

     85,145        32,160,969  
     

 

 

 
Total Trading Companies & Distributors

 

     66,396,366  
Water Utilities – 0.5%

 

American States Water Co.

     41,538        3,268,210  

Essential Utilities, Inc.

     321,174        11,025,903  
     

 

 

 
Total Water Utilities

 

     14,294,113  
Total United States

 

     3,136,289,105  
Puerto Rico – 0.4%

 

Banks – 0.4%

 

Popular, Inc.

     186,696        11,763,715  
TOTAL COMMON STOCKS
(Cost: $3,045,079,881)

 

     3,148,052,820  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.5%

 

United States – 0.5%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 5.36%(b)

 

  
(Cost: $16,848,233)      16,848,233        16,848,233  
TOTAL INVESTMENTS IN SECURITIES – 100.3%
(Cost: $3,061,928,114)

 

     3,164,901,053  

Other Assets less Liabilities – (0.3)%

 

     (9,966,360
     

 

 

 
NET ASSETS – 100.0%

 

   $ 3,154,934,693  
(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $136,321,647 and the total market value of the collateral held by the Fund was $141,152,656. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $124,304,423.

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

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, 2023 were as follows:

 

Affiliate    Value at
3/31/2023
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2023
     Dividend
Income
 

WisdomTree U.S. LargeCap Dividend Fund^

   $      $ 24,702,694      $ 24,496,381      $ (206,313    $      $      $ 69,941  
^ 

As of September 30, 2023, the Fund did not hold a position in this affiliate.

 

See Notes to Financial Statements.

 

WisdomTree Trust      53  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. MidCap Dividend Fund (DON)

September 30, 2023

 

FAIR VALUATION SUMMARY               

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 3,148,052,820      $      $      $ 3,148,052,820  

Investment of Cash Collateral for Securities Loaned

            16,848,233               16,848,233  

Total Investments in Securities

   $ 3,148,052,820      $ 16,848,233      $      $ 3,164,901,053  

 

See Notes to Financial Statements.

 

54   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%

 

United States – 99.2%

 

Aerospace & Defense – 0.9%

 

BWX Technologies, Inc.

     15,634      $ 1,172,237  

Curtiss-Wright Corp.

     5,513        1,078,508  

Hexcel Corp.

     6,595        429,598  

Huntington Ingalls Industries, Inc.

     7,582        1,551,126  

Mercury Systems, Inc.*

     7,108        263,636  

Moog, Inc., Class A

     6,062        684,764  

Parsons Corp.*

     14,640        795,684  

Woodward, Inc.

     5,297        658,205  
     

 

 

 
Total Aerospace & Defense

 

     6,633,758  
Air Freight & Logistics – 0.4%

 

Forward Air Corp.

     5,346        367,484  

GXO Logistics, Inc.*

     22,481        1,318,511  

Hub Group, Inc., Class A*

     13,709        1,076,705  
     

 

 

 
Total Air Freight & Logistics

 

     2,762,700  
Automobile Components – 0.8%

 

Dorman Products, Inc.*

     5,711        432,665  

Fox Factory Holding Corp.*

     6,329        627,077  

Gentex Corp.

     34,486        1,122,175  

Goodyear Tire & Rubber Co.*

     144,417        1,795,103  

Lear Corp.

     9,666        1,297,177  

Visteon Corp.*

     3,436        474,409  
     

 

 

 
Total Automobile Components

 

     5,748,606  
Automobiles – 0.7%

 

Harley-Davidson, Inc.

     47,461        1,569,061  

Thor Industries, Inc.(a)

     39,948        3,800,253  
     

 

 

 
Total Automobiles

 

     5,369,314  
Banks – 6.2%

 

Ameris Bancorp

     21,272        816,632  

Associated Banc-Corp.

     44,109        754,705  

Atlantic Union Bankshares Corp.

     17,480        503,074  

BancFirst Corp.

     5,778        501,126  

Bank of Hawaii Corp.

     8,786        436,576  

Bank OZK

     38,150        1,414,221  

BankUnited, Inc.

     30,230        686,221  

BOK Financial Corp.

     14,343        1,147,153  

Cadence Bank(a)

     36,767        780,196  

Cathay General Bancorp

     23,674        822,908  

Columbia Banking System, Inc.

     55,004        1,116,581  

Comerica, Inc.

     45,254        1,880,304  

Commerce Bancshares, Inc.

     21,535        1,033,249  

Community Bank System, Inc.

     10,750        453,758  

Cullen/Frost Bankers, Inc.

     10,491        956,884  

CVB Financial Corp.

     24,462        405,335  

Eastern Bankshares, Inc.

     32,447        406,885  

First Financial Bankshares, Inc.

     20,271        509,208  

First Hawaiian, Inc.

     30,126        543,774  

First Interstate BancSystem, Inc., Class A

     12,487        311,426  

First Merchants Corp.

     13,783        383,443  

FNB Corp.

     106,338        1,147,387  

Fulton Financial Corp.

     44,745      541,862  

Glacier Bancorp, Inc.(a)

     16,344        465,804  

Hancock Whitney Corp.

     29,886        1,105,483  

Home BancShares, Inc.(a)

     43,628        913,570  

Independent Bank Corp.

     8,813        432,630  

Independent Bank Group, Inc.

     10,567        417,925  

International Bancshares Corp.

     15,749        682,562  

New York Community Bancorp, Inc.(a)

     207,425        2,352,200  

Old National Bancorp

     72,933        1,060,446  

Pacific Premier Bancorp, Inc.

     26,102        567,980  

PacWest Bancorp

     54,515        431,214  

Pinnacle Financial Partners, Inc.

     21,334        1,430,231  

Prosperity Bancshares, Inc.

     21,412        1,168,667  

ServisFirst Bancshares, Inc.

     9,953        519,248  

Simmons First National Corp., Class A

     41,483        703,552  

SouthState Corp.

     17,597        1,185,334  

Synovus Financial Corp.

     56,475        1,570,005  

Texas Capital Bancshares, Inc.*

     9,100        535,990  

UMB Financial Corp.

     13,749        853,125  

United Bankshares, Inc.

     27,614        761,870  

United Community Banks, Inc.

     24,125        613,016  

Valley National Bancorp

     149,723        1,281,629  

Webster Financial Corp.

     47,693        1,922,505  

Western Alliance Bancorp

     48,454        2,227,430  

Wintrust Financial Corp.

     15,953        1,204,452  

WSFS Financial Corp.

     16,556        604,294  

Zions Bancorp NA

     49,300        1,720,077  
     

 

 

 
Total Banks

 

     44,284,147  
Beverages – 0.4%

 

Boston Beer Co., Inc., Class A*

     856        333,438  

Coca-Cola Consolidated, Inc.

     2,832        1,802,058  

MGP Ingredients, Inc.

     2,628        277,201  

National Beverage Corp.*

     10,027        471,470  
     

 

 

 
Total Beverages

 

     2,884,167  
Biotechnology – 0.5%

 

Arrowhead Pharmaceuticals, Inc.*

     8,739        234,817  

Exelixis, Inc.*

     54,640        1,193,884  

Halozyme Therapeutics, Inc.*

     13,432        513,102  

Ionis Pharmaceuticals, Inc.*(a)

     11,942        541,689  

Vir Biotechnology, Inc.*

     98,965        927,302  
     

 

 

 
Total Biotechnology

 

     3,410,794  
Broadline Retail – 1.0%

 

Dillard’s, Inc., Class A

     7,755        2,565,431  

Kohl’s Corp.(a)

     56,146        1,176,820  

Macy’s, Inc.

     194,955        2,263,428  

Nordstrom, Inc.(a)

     55,188        824,509  

Ollie’s Bargain Outlet Holdings, Inc.*

     6,459        498,506  
     

 

 

 
Total Broadline Retail

 

     7,328,694  
Building Products – 5.0%

 

A O Smith Corp.

     25,261        1,670,510  

AAON, Inc.

     6,977        396,782  

Advanced Drainage Systems, Inc.

     15,327        1,744,672  

 

See Notes to Financial Statements.

 

WisdomTree Trust      55  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Armstrong World Industries, Inc.

     9,736      $ 700,992  

AZEK Co., Inc.*

     25,973        772,437  

Builders FirstSource, Inc.*

     114,110        14,205,554  

Fortune Brands Innovations, Inc.

     39,757        2,471,295  

Lennox International, Inc.

     5,788        2,167,259  

Masterbrand, Inc.*

     39,757        483,048  

Owens Corning

     41,247        5,626,503  

Simpson Manufacturing Co., Inc.

     11,349        1,700,194  

Trex Co., Inc.*

     16,942        1,044,135  

UFP Industries, Inc.

     25,188        2,579,251  

Zurn Elkay Water Solutions Corp.(a)

     19,478        545,774  
     

 

 

 
Total Building Products

 

     36,108,406  
Capital Markets – 2.7%

 

Affiliated Managers Group, Inc.

     15,790        2,058,069  

Blue Owl Capital, Inc.(a)

     61,225        793,476  

Cohen & Steers, Inc.

     9,876        619,127  

Evercore, Inc., Class A

     17,657        2,434,547  

Federated Hermes, Inc.

     21,156        716,554  

Hamilton Lane, Inc., Class A

     9,435        853,301  

Houlihan Lokey, Inc.

     13,849        1,483,505  

Interactive Brokers Group, Inc., Class A

     14,206        1,229,671  

Jefferies Financial Group, Inc.

     80,786        2,959,191  

Moelis & Co., Class A

     15,793        712,738  

SEI Investments Co.

     27,217        1,639,280  

Stifel Financial Corp.

     37,435        2,300,006  

Tradeweb Markets, Inc., Class A

     18,230        1,462,046  
     

 

 

 
Total Capital Markets

 

     19,261,511  
Chemicals – 2.4%

 

Ashland, Inc.

     9,245        755,132  

Avient Corp.

     26,497        935,874  

Balchem Corp.

     3,240        401,890  

Cabot Corp.

     15,669        1,085,392  

Chemours Co.

     85,206        2,390,028  

Element Solutions, Inc.

     55,801        1,094,258  

H B Fuller Co.

     9,193        630,732  

Huntsman Corp.

     92,217        2,250,095  

Ingevity Corp.*

     9,758        464,578  

Innospec, Inc.

     4,496        459,491  

Livent Corp.*(a)

     25,498        469,418  

NewMarket Corp.

     2,061        937,837  

Olin Corp.

     78,463        3,921,581  

Quaker Chemical Corp.

     1,899        303,840  

Scotts Miracle-Gro Co.(a)

     11,999        620,108  

Sensient Technologies Corp.

     6,900        403,512  
     

 

 

 
Total Chemicals

 

     17,123,766  
Commercial Services & Supplies – 0.8%

 

ABM Industries, Inc.

     17,529        701,335  

Brink’s Co.

     13,828        1,004,466  

Casella Waste Systems, Inc., Class A*

     3,894        297,112  

Clean Harbors, Inc.*

     9,119        1,526,156  

Driven Brands Holdings, Inc.*

     19,225        242,043  

MSA Safety, Inc.

     4,431        698,547  

Stericycle, Inc.*

     10,191      455,640  

Tetra Tech, Inc.

     4,950        752,549  

UniFirst Corp.

     2,030        330,910  
     

 

 

 
Total Commercial Services & Supplies

 

     6,008,758  
Communications Equipment – 0.7%

 

Calix, Inc.*

     5,587        256,108  

Ciena Corp.*

     22,779        1,076,536  

Extreme Networks, Inc.*

     17,409        421,472  

F5, Inc.*

     12,451        2,006,354  

Lumentum Holdings, Inc.*(a)

     23,953        1,082,197  

NetScout Systems, Inc.*

     12,276        343,973  

Viasat, Inc.*(a)

     6,229        114,987  
     

 

 

 
Total Communications Equipment

 

     5,301,627  
Construction & Engineering – 1.0%

 

API Group Corp.*

     50,000        1,296,500  

Arcosa, Inc.

     5,883        422,988  

Comfort Systems USA, Inc.

     4,766        812,174  

Dycom Industries, Inc.*

     4,283        381,187  

EMCOR Group, Inc.

     8,025        1,688,380  

Fluor Corp.*

     11,220        411,774  

MasTec, Inc.*

     9,783        704,082  

MDU Resources Group, Inc.

     36,378        712,281  

Valmont Industries, Inc.

     2,803        673,309  
     

 

 

 
Total Construction & Engineering

 

     7,102,675  
Construction Materials – 0.4%

 

Eagle Materials, Inc.

     9,840        1,638,557  

Knife River Corp.*

     9,094        444,060  

Summit Materials, Inc., Class A*

     16,561        515,709  
     

 

 

 
Total Construction Materials

 

     2,598,326  
Consumer Finance – 2.1%

 

Ally Financial, Inc.

     239,051        6,377,881  

Credit Acceptance Corp.*

     4,073        1,874,069  

FirstCash Holdings, Inc.

     7,617        764,594  

Nelnet, Inc., Class A

     9,262        827,282  

OneMain Holdings, Inc.

     80,663        3,233,780  

SLM Corp.

     153,781        2,094,497  
     

 

 

 
Total Consumer Finance

 

     15,172,103  
Consumer Staples Distribution & Retail – 0.8%

 

Casey’s General Stores, Inc.

     4,731        1,284,561  

Grocery Outlet Holding Corp.*

     10,659        307,512  

Performance Food Group Co.*

     26,050        1,533,303  

Sprouts Farmers Market, Inc.*

     25,034        1,071,455  

U.S. Foods Holding Corp.*

     38,724        1,537,343  

United Natural Foods, Inc.*(a)

     17,179        242,911  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     5,977,085  
Containers & Packaging – 2.1%

 

AptarGroup, Inc.

     7,364        920,795  

Berry Global Group, Inc.

     48,619        3,010,002  

Graphic Packaging Holding Co.

     85,085        1,895,694  

Greif, Inc., Class A

     20,888        1,395,527  

Sealed Air Corp.

     35,230        1,157,658  

 

See Notes to Financial Statements.

 

56   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Silgan Holdings, Inc.(a)

     25,682      $ 1,107,151  

Sonoco Products Co.

     30,013        1,631,206  

Westrock Co.

     102,599        3,673,044  
     

 

 

 
Total Containers & Packaging

 

     14,791,077  
Diversified Consumer Services – 0.6%

 

ADT, Inc.(a)

     80,381        482,286  

Bright Horizons Family Solutions, Inc.*

     7,258        591,237  

Chegg, Inc.*

     21,208        189,175  

Grand Canyon Education, Inc.*

     5,939        694,150  

H&R Block, Inc.

     42,609        1,834,744  

Mister Car Wash, Inc.*(a)

     43,924        242,021  
     

 

 

 
Total Diversified Consumer Services

 

     4,033,613  
Diversified REITs – 0.1%

 

Broadstone Net Lease, Inc.

     25,309        361,919  

Essential Properties Realty Trust, Inc.

     19,658        425,202  
     

 

 

 
Total Diversified REITs

 

     787,121  
Diversified Telecommunication Services – 0.4%

 

Cogent Communications Holdings, Inc.

     4,103        253,976  

Frontier Communications Parent, Inc.*(a)

     53,966        844,568  

Iridium Communications, Inc.

     10,370        471,731  

Lumen Technologies, Inc.*(a)

     821,313        1,166,264  
     

 

 

 
Total Diversified Telecommunication Services

 

     2,736,539  
Electric Utilities – 0.9%

 

ALLETE, Inc.

     8,691        458,885  

Hawaiian Electric Industries, Inc.

     19,875        244,661  

IDACORP, Inc.

     7,648        716,235  

MGE Energy, Inc.

     4,804        329,122  

OGE Energy Corp.

     49,111        1,636,870  

Pinnacle West Capital Corp.

     21,438        1,579,552  

PNM Resources, Inc.

     13,590        606,250  

Portland General Electric Co.

     15,221        616,146  
     

 

 

 
Total Electric Utilities

 

     6,187,721  
Electrical Equipment – 1.7%

 

Acuity Brands, Inc.

     7,492        1,275,963  

Array Technologies, Inc.*(a)

     12,303        273,004  

Atkore, Inc.*

     23,498        3,505,667  

Encore Wire Corp.

     14,342        2,616,841  

EnerSys

     8,092        766,070  

Regal Rexnord Corp.

     17,194        2,456,679  

Shoals Technologies Group, Inc., Class A*(a)

     10,889        198,724  

SunPower Corp.*(a)

     15,125        93,321  

Sunrun, Inc.*(a)

     18,463        231,895  

Vertiv Holdings Co.

     30,582        1,137,650  
     

 

 

 
Total Electrical Equipment

 

     12,555,814  
Electronic Equipment, Instruments & Components – 3.1%

 

Advanced Energy Industries, Inc.

     7,436        766,800  

Arrow Electronics, Inc.*

     42,213        5,286,756  

Avnet, Inc.

     52,379        2,524,144  

Badger Meter, Inc.

     2,812        404,562  

Belden, Inc.

     9,960        961,638  

Cognex Corp.

     14,860        630,658  

Coherent Corp.*

     38,959      1,271,622  

Crane NXT Co.

     12,239        680,121  

Insight Enterprises, Inc.*(a)

     9,648        1,403,784  

IPG Photonics Corp.*

     9,622        977,018  

Littelfuse, Inc.

     5,342        1,321,184  

National Instruments Corp.

     19,214        1,145,539  

Plexus Corp.*

     4,158        386,611  

Sanmina Corp.*

     13,894        754,166  

Vishay Intertechnology, Inc.(a)

     60,902        1,505,498  

Vontier Corp.

     81,590        2,522,763  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     22,542,864  
Energy Equipment & Services – 0.4%

 

Cactus, Inc., Class A

     7,004        351,671  

ChampionX Corp.

     24,278        864,782  

Helmerich & Payne, Inc.

     9,278        391,160  

Liberty Energy, Inc.

     42,788        792,434  

NOV, Inc.

     33,440        698,896  
     

 

 

 
Total Energy Equipment & Services

 

     3,098,943  
Entertainment – 0.7%

 

Endeavor Group Holdings, Inc., Class A

     115,822        2,304,858  

Madison Square Garden Sports Corp.

     1,721        303,412  

TKO Group Holdings, Inc.

     8,534        717,368  

Warner Music Group Corp., Class A

     55,852        1,753,753  
     

 

 

 
Total Entertainment

 

     5,079,391  
Financial Services – 3.3%

 

Enact Holdings, Inc.

     86,592        2,357,900  

Euronet Worldwide, Inc.*

     11,172        886,833  

Jackson Financial, Inc., Class A

     64,768        2,475,433  

MGIC Investment Corp.

     214,078        3,572,962  

Mr. Cooper Group, Inc.*

     18,110        969,972  

PennyMac Financial Services, Inc.

     32,178        2,143,055  

Radian Group, Inc.

     123,941        3,112,158  

TFS Financial Corp.(a)

     23,606        279,023  

Voya Financial, Inc.

     39,424        2,619,725  

Walker & Dunlop, Inc.

     9,185        681,894  

Western Union Co.

     173,092        2,281,353  

WEX, Inc.*

     10,434        1,962,531  
     

 

 

 
Total Financial Services

 

     23,342,839  
Food Products – 1.0%

 

Flowers Foods, Inc.

     29,508        654,487  

Hostess Brands, Inc.*

     17,133        570,700  

Ingredion, Inc.

     14,665        1,443,036  

J & J Snack Foods Corp.

     1,451        237,456  

Lancaster Colony Corp.

     2,784        459,444  

Pilgrim’s Pride Corp.*

     125,305        2,860,713  

Post Holdings, Inc.*

     5,601        480,230  

Simply Good Foods Co.*

     12,923        446,102  

TreeHouse Foods, Inc.*

     4,121        179,593  
     

 

 

 
Total Food Products

 

     7,331,761  
Gas Utilities – 0.7%

 

National Fuel Gas Co.

     26,046        1,352,048  

New Jersey Resources Corp.

     16,689        678,074  

 

See Notes to Financial Statements.

 

WisdomTree Trust      57  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2023

 

 

 

Investments    Shares      Value  

ONE Gas, Inc.

     9,112      $ 622,167  

Southwest Gas Holdings, Inc.

     6,487        391,880  

Spire, Inc.

     10,320        583,906  

UGI Corp.

     49,244        1,132,612  
     

 

 

 
Total Gas Utilities

 

     4,760,687  
Ground Transportation – 3.0%

 

Avis Budget Group, Inc.*

     35,107        6,308,377  

Hertz Global Holdings, Inc.*

     260,955        3,196,699  

Knight-Swift Transportation Holdings, Inc.

     49,638        2,489,346  

Landstar System, Inc.

     8,060        1,426,136  

Ryder System, Inc.

     28,640        3,063,048  

Saia, Inc.*

     4,822        1,922,290  

Werner Enterprises, Inc.

     16,723        651,361  

XPO, Inc.*

     34,123        2,547,623  
     

 

 

 
Total Ground Transportation

 

     21,604,880  
Health Care Equipment & Supplies – 1.4%

 

Dentsply Sirona, Inc.

     48,932        1,671,517  

Enovis Corp.*

     7,771        409,765  

Envista Holdings Corp.*

     30,833        859,624  

Globus Medical, Inc., Class A*

     9,741        483,641  

Haemonetics Corp.*

     5,517        494,213  

ICU Medical, Inc.*(a)

     3,471        413,084  

Integra LifeSciences Holdings Corp.*

     14,308        546,423  

Lantheus Holdings, Inc.*(a)

     12,018        835,011  

Masimo Corp.*

     5,586        489,780  

Merit Medical Systems, Inc.*

     7,674        529,659  

Neogen Corp.*

     17,721        328,547  

QuidelOrtho Corp.*

     33,079        2,416,090  

Shockwave Medical, Inc.*

     3,068        610,839  

STAAR Surgical Co.*

     4,411        177,234  
     

 

 

 
Total Health Care Equipment & Supplies

 

     10,265,427  
Health Care Providers & Services – 2.6%

 

Acadia Healthcare Co., Inc.*

     10,977        771,793  

AdaptHealth Corp.*(a)

     18,105        164,755  

Amedisys, Inc.*

     5,807        542,374  

AMN Healthcare Services, Inc.*

     13,989        1,191,583  

Chemed Corp.

     1,784        927,145  

CorVel Corp.*

     1,709        336,075  

DaVita, Inc.*

     30,202        2,854,995  

Encompass Health Corp.

     19,653        1,319,895  

Ensign Group, Inc.

     8,429        783,307  

HealthEquity, Inc.*

     6,657        486,294  

Option Care Health, Inc.*

     18,547        599,995  

Patterson Cos., Inc.

     20,803        616,601  

Premier, Inc., Class A

     24,575        528,362  

Progyny, Inc.*

     8,328        283,319  

R1 RCM, Inc.*(a)

     64,839        977,124  

Select Medical Holdings Corp.

     21,785        550,507  

Tenet Healthcare Corp.*

     56,263        3,707,169  

Universal Health Services, Inc., Class B

     17,833        2,242,143  
     

 

 

 
Total Health Care Providers & Services

 

     18,883,436  
Health Care REITs – 0.5%

 

Healthcare Realty Trust, Inc.

     33,260      507,880  

Medical Properties Trust, Inc.(a)

     291,059        1,586,272  

Omega Healthcare Investors, Inc.

     45,202        1,498,898  

Physicians Realty Trust

     28,125        342,844  
     

 

 

 
Total Health Care REITs

 

     3,935,894  
Health Care Technology – 0.1%

 

Certara, Inc.*

     13,477        195,955  

Doximity, Inc., Class A*

     14,812        314,311  

Evolent Health, Inc., Class A*

     10,557        287,467  
     

 

 

 
Total Health Care Technology

 

     797,733  
Hotel & Resort REITs – 0.2%

 

Apple Hospitality REIT, Inc.

     28,782        441,516  

Park Hotels & Resorts, Inc.

     23,990        295,557  

Ryman Hospitality Properties, Inc.

     4,682        389,917  
     

 

 

 
Total Hotel & Resort REITs

 

     1,126,990  
Hotels, Restaurants & Leisure – 2.5%

 

Boyd Gaming Corp.

     32,559        1,980,564  

Choice Hotels International, Inc.

     7,146        875,456  

Churchill Downs, Inc.

     8,689        1,008,272  

Hilton Grand Vacations, Inc.*

     28,863        1,174,724  

Krispy Kreme, Inc.(a)

     14,164        176,625  

Light & Wonder, Inc.*

     70,935        5,059,793  

Marriott Vacations Worldwide Corp.

     9,473        953,268  

Papa John’s International, Inc.(a)

     4,333        295,597  

Penn Entertainment, Inc.*(a)

     22,723        521,493  

Planet Fitness, Inc., Class A*

     6,988        343,670  

Red Rock Resorts, Inc., Class A

     19,017        779,697  

SeaWorld Entertainment, Inc.*

     17,267        798,599  

Texas Roadhouse, Inc.

     8,983        863,266  

Travel & Leisure Co.

     30,486        1,119,751  

Wendy’s Co.

     24,575        501,576  

Wingstop, Inc.

     2,519        453,017  

Wyndham Hotels & Resorts, Inc.

     15,330        1,066,048  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     17,971,416  
Household Durables – 3.4%

 

KB Home

     65,256        3,020,048  

Leggett & Platt, Inc.

     31,723        806,081  

Meritage Homes Corp.

     27,417        3,355,567  

Mohawk Industries, Inc.*

     28,652        2,458,628  

Skyline Champion Corp.*

     24,179        1,540,686  

Taylor Morrison Home Corp.*

     82,317        3,507,527  

Tempur Sealy International, Inc.

     52,924        2,293,726  

Toll Brothers, Inc.

     65,524        4,846,155  

TopBuild Corp.*

     10,101        2,541,412  
     

 

 

 
Total Household Durables

 

     24,369,830  
Household Products – 0.1%

 

Reynolds Consumer Products, Inc.

     26,936        690,370  
Independent Power & Renewable Electricity Producers – 0.2%

 

Clearway Energy, Inc., Class C

     52,476        1,110,392  

Ormat Technologies, Inc.

     4,326        302,474  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     1,412,866  

 

See Notes to Financial Statements.

 

58   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2023

 

 

 

Investments    Shares      Value  
Industrial REITs – 0.6%

 

EastGroup Properties, Inc.

     4,043      $ 673,281  

First Industrial Realty Trust, Inc.

     23,016        1,095,331  

Innovative Industrial Properties, Inc.

     3,809        288,189  

LXP Industrial Trust

     97,365        866,548  

STAG Industrial, Inc.

     22,810        787,173  

Terreno Realty Corp.

     9,687        550,222  
     

 

 

 
Total Industrial REITs

 

     4,260,744  
Insurance – 3.3%

 

American Equity Investment Life Holding Co.*

     27,602        1,480,571  

Assurant, Inc.

     13,401        1,924,115  

Brighthouse Financial, Inc.*

     42,514        2,080,635  

CNO Financial Group, Inc.

     43,071        1,022,075  

First American Financial Corp.

     27,341        1,544,493  

Hanover Insurance Group, Inc.

     7,496        831,906  

Kinsale Capital Group, Inc.

     2,083        862,633  

Old Republic International Corp.

     111,251        2,997,102  

Primerica, Inc.

     9,464        1,836,111  

Reinsurance Group of America, Inc.

     15,969        2,318,539  

RLI Corp.

     4,873        662,192  

Ryan Specialty Holdings, Inc.*

     15,074        729,582  

Selective Insurance Group, Inc.

     10,997        1,134,560  

Unum Group

     83,251        4,095,117  
     

 

 

 
Total Insurance

 

     23,519,631  
Interactive Media & Services – 0.2%

 

Bumble, Inc., Class A*

     10,869        162,165  

TripAdvisor, Inc.*

     15,581        258,333  

Ziff Davis, Inc.*(a)

     10,453        665,752  
     

 

 

 
Total Interactive Media & Services

 

     1,086,250  
IT Services – 0.3%

 

DigitalOcean Holdings, Inc.*(a)

     9,841        236,479  

DXC Technology Co.*

     88,573        1,844,976  

Thoughtworks Holding, Inc.*(a)

     47,480        193,718  
     

 

 

 
Total IT Services

 

     2,275,173  
Leisure Products – 1.4%

 

Acushnet Holdings Corp.

     13,088        694,187  

Brunswick Corp.

     29,849        2,358,071  

Hasbro, Inc.

     28,806        1,905,229  

Mattel, Inc.*

     97,463        2,147,110  

Polaris, Inc.

     15,601        1,624,688  

Topgolf Callaway Brands Corp.*(a)

     30,318        419,601  

YETI Holdings, Inc.*(a)

     15,568        750,689  
     

 

 

 
Total Leisure Products

 

     9,899,575  
Life Sciences Tools & Services – 0.3%

 

10X Genomics, Inc., Class A*

     8,721        359,741  

Azenta, Inc.*(a)

     6,188        310,576  

Bio-Techne Corp.

     12,018        818,065  

Medpace Holdings, Inc.*

     3,469        839,949  
     

 

 

 
Total Life Sciences Tools & Services

 

     2,328,331  
Machinery – 2.9%

 

Albany International Corp., Class A

     3,985        343,826  

Allison Transmission Holdings, Inc.

     34,885      2,060,308  

Chart Industries, Inc.*(a)

     3,442        582,111  

Crane Co.

     12,317        1,094,242  

Donaldson Co., Inc.

     18,805        1,121,530  

Esab Corp.

     15,547        1,091,710  

Federal Signal Corp.

     7,712        460,638  

Flowserve Corp.

     12,778        508,181  

Franklin Electric Co., Inc.

     7,073        631,124  

Hillenbrand, Inc.

     18,170        768,773  

ITT, Inc.

     13,205        1,292,902  

John Bean Technologies Corp.

     5,039        529,800  

Lincoln Electric Holdings, Inc.

     9,858        1,792,086  

Middleby Corp.*

     10,444        1,336,832  

Mueller Industries, Inc.

     29,297        2,201,963  

Oshkosh Corp.

     7,345        700,933  

RBC Bearings, Inc.*(a)

     2,397        561,210  

SPX Technologies, Inc.*

     5,797        471,876  

Terex Corp.

     17,987        1,036,411  

Timken Co.

     18,594        1,366,473  

Watts Water Technologies, Inc., Class A

     4,592        793,589  
     

 

 

 
Total Machinery

 

     20,746,518  
Marine Transportation – 0.1%

 

Kirby Corp.*

     5,522        457,222  
Media – 0.7%

 

Cable One, Inc.

     1,535        945,007  

New York Times Co., Class A

     16,738        689,606  

Nexstar Media Group, Inc.(a)

     17,199        2,465,821  

TEGNA, Inc.

     83,376        1,214,788  
     

 

 

 
Total Media

 

     5,315,222  
Metals & Mining – 3.7%

 

Alcoa Corp.

     94,717        2,752,476  

Alpha Metallurgical Resources, Inc.

     12,859        3,339,868  

Arch Resources, Inc.

     14,225        2,427,639  

ATI, Inc.*(a)

     23,655        973,403  

Cleveland-Cliffs, Inc.*

     376,016        5,877,130  

Commercial Metals Co.

     61,312        3,029,426  

Hecla Mining Co.

     52,105        203,731  

MP Materials Corp.*(a)

     29,377        561,101  

Royal Gold, Inc.

     7,398        786,629  

U.S. Steel Corp.

     173,817        5,645,576  

Worthington Industries, Inc.

     18,000        1,112,760  
     

 

 

 
Total Metals & Mining

 

     26,709,739  
Multi-Utilities – 0.2%

 

Avista Corp.

     9,733        315,057  

Black Hills Corp.

     12,272        620,841  

Northwestern Energy Group, Inc.

     9,269        445,468  
     

 

 

 
Total Multi-Utilities

 

     1,381,366  
Office REITs – 0.5%

 

COPT Defense Properties

     16,796        400,249  

Cousins Properties, Inc.

     40,558        826,167  

Douglas Emmett, Inc.

     23,051        294,131  

Equity Commonwealth

     7,778        142,882  

 

See Notes to Financial Statements.

 

WisdomTree Trust      59  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Highwoods Properties, Inc.

     24,786      $ 510,839  

Kilroy Realty Corp.

     17,586        555,893  

Vornado Realty Trust

     22,255        504,743  
     

 

 

 
Total Office REITs

 

     3,234,904  
Oil, Gas & Consumable Fuels – 7.5%

 

Antero Midstream Corp.

     94,972        1,137,764  

California Resources Corp.

     33,060        1,851,691  

Callon Petroleum Co.*(a)

     48,388        1,892,938  

Chord Energy Corp.

     15,382        2,492,961  

Civitas Resources, Inc.(a)

     44,204        3,574,777  

CNX Resources Corp.*(a)

     49,486        1,117,394  

Comstock Resources, Inc.

     167,832        1,851,187  

CONSOL Energy, Inc.

     16,770        1,759,341  

CVR Energy, Inc.(a)

     37,362        1,271,429  

Denbury, Inc.*

     11,392        1,116,530  

DT Midstream, Inc.

     20,344        1,076,604  

Equitrans Midstream Corp.

     56,921        533,350  

HighPeak Energy, Inc.(a)

     26,382        445,328  

Magnolia Oil & Gas Corp., Class A

     100,381        2,299,729  

Matador Resources Co.

     57,149        3,399,222  

Murphy Oil Corp.

     52,171        2,365,955  

Northern Oil & Gas, Inc.

     46,020        1,851,385  

PBF Energy, Inc., Class A

     105,106        5,626,324  

Peabody Energy Corp.(a)

     116,423        3,025,834  

Permian Resources Corp.(a)

     192,188        2,682,944  

Range Resources Corp.(a)

     140,722        4,560,800  

SM Energy Co.

     67,872        2,691,125  

Southwestern Energy Co.*

     733,135        4,728,721  

Vitesse Energy, Inc.

     9,500        217,455  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     53,570,788  
Paper & Forest Products – 0.4%

 

Louisiana-Pacific Corp.

     52,229        2,886,697  
Passenger Airlines – 0.2%

 

Alaska Air Group, Inc.*

     29,689        1,100,868  
Personal Care Products – 0.4%

 

BellRing Brands, Inc.*

     12,945        533,723  

Coty, Inc., Class A*

     100,157        1,098,722  

elf Beauty, Inc.*

     4,401        483,362  

Inter Parfums, Inc.

     3,495        469,518  

Olaplex Holdings, Inc.*

     171,455        334,337  
     

 

 

 
Total Personal Care Products

 

     2,919,662  
Pharmaceuticals – 0.6%

 

Corcept Therapeutics, Inc.*

     16,387        446,464  

Harmony Biosciences Holdings, Inc.*

     8,469        277,529  

Organon & Co.

     162,764        2,825,583  

Prestige Consumer Healthcare, Inc.*

     10,059        575,274  
     

 

 

 
Total Pharmaceuticals

 

     4,124,850  
Professional Services – 2.4%

 

Alight, Inc., Class A*

     81,590        578,473  

ASGN, Inc.*

     12,156        992,902  

CACI International, Inc., Class A*

     4,299        1,349,585  

Concentrix Corp.

     15,412      1,234,655  

Dun & Bradstreet Holdings, Inc.

     104,777        1,046,722  

EXL Service Holdings, Inc.*

     18,940        531,078  

Exponent, Inc.

     4,233        362,345  

FTI Consulting, Inc.*

     4,562        813,906  

Insperity, Inc.

     5,190        506,544  

KBR, Inc.(a)

     24,111        1,421,102  

Korn Ferry

     18,645        884,519  

ManpowerGroup, Inc.

     15,966        1,170,627  

Maximus, Inc.

     9,364        699,304  

Paycor HCM, Inc.*(a)

     15,762        359,847  

Robert Half, Inc.

     26,701        1,956,649  

Science Applications International Corp.

     11,133        1,174,977  

TriNet Group, Inc.*

     19,356        2,254,587  
     

 

 

 
Total Professional Services

 

     17,337,822  
Real Estate Management & Development – 0.6%

 

Howard Hughes Holdings, Inc.*

     10,607        786,297  

Jones Lang LaSalle, Inc.*

     18,680        2,637,242  

Zillow Group, Inc., Class C*

     20,786        959,482  
     

 

 

 
Total Real Estate Management & Development

 

     4,383,021  
Residential REITs – 0.3%

 

Apartment Income REIT Corp.

     76,870        2,359,909  
Retail REITs – 0.5%

 

Agree Realty Corp.

     6,619        365,633  

Brixmor Property Group, Inc.

     42,770        888,761  

Federal Realty Investment Trust

     10,647        964,938  

NNN REIT, Inc.

     21,116        746,239  

Phillips Edison & Co., Inc.

     9,716        325,875  

Spirit Realty Capital, Inc.

     19,184        643,239  
     

 

 

 
Total Retail REITs

 

     3,934,685  
Semiconductors & Semiconductor Equipment – 2.1%

 

Allegro MicroSystems, Inc.*

     17,418        556,331  

Amkor Technology, Inc.

     91,254        2,062,340  

Axcelis Technologies, Inc.*

     6,301        1,027,378  

Cirrus Logic, Inc.*

     18,459        1,365,228  

Diodes, Inc.*

     11,520        908,237  

Impinj, Inc.*(a)

     2,262        124,478  

MACOM Technology Solutions Holdings, Inc.*

     9,586        782,026  

MaxLinear, Inc.*

     28,674        637,996  

MKS Instruments, Inc.

     22,319        1,931,486  

Onto Innovation, Inc.*

     10,281        1,311,033  

Power Integrations, Inc.

     8,784        670,307  

Rambus, Inc.*

     9,769        545,013  

Silicon Laboratories, Inc.*

     3,735        432,849  

Synaptics, Inc.*

     17,882        1,599,366  

Universal Display Corp.

     4,984        782,438  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     14,736,506  
Software – 2.4%

 

Blackbaud, Inc.*

     7,573        532,533  

BlackLine, Inc.*

     5,057        280,512  

Box, Inc., Class A*

     18,545        448,974  

CCC Intelligent Solutions Holdings, Inc.*

     65,456        873,838  

 

See Notes to Financial Statements.

 

60   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2023

 

 

 

Investments    Shares      Value  

CommVault Systems, Inc.*

     6,192      $ 418,641  

DocuSign, Inc.*

     27,979        1,175,118  

Dolby Laboratories, Inc., Class A

     8,553        677,911  

DoubleVerify Holdings, Inc.*

     14,640        409,188  

Dropbox, Inc., Class A*

     79,537        2,165,792  

EngageSmart, Inc.*

     15,979        287,462  

Envestnet, Inc.*

     5,859        257,972  

Five9, Inc.*

     5,799        372,876  

Gitlab, Inc., Class A*(a)

     7,867        355,746  

Informatica, Inc., Class A*

     41,291        870,001  

Instructure Holdings, Inc.*

     19,811        503,199  

Jamf Holding Corp.*(a)

     10,309        182,057  

Manhattan Associates, Inc.*

     5,342        1,055,900  

nCino, Inc.*

     9,490        301,782  

NCR Corp.*

     48,099        1,297,230  

PowerSchool Holdings, Inc., Class A*(a)

     19,418        440,012  

Procore Technologies, Inc.*

     12,416        811,013  

Qualys, Inc.*

     3,820        582,741  

RingCentral, Inc., Class A*

     15,928        471,947  

SPS Commerce, Inc.*

     3,070        523,773  

Tenable Holdings, Inc.*

     9,459        423,763  

Teradata Corp.*

     18,571        836,066  

Workiva, Inc.*

     3,887        393,909  
     

 

 

 
Total Software

 

     16,949,956  
Specialized REITs – 0.6%

 

CubeSmart

     18,837        718,255  

EPR Properties

     12,597        523,279  

Lamar Advertising Co., Class A

     15,391        1,284,687  

National Storage Affiliates Trust

     8,397        266,521  

Outfront Media, Inc.(a)

     27,992        282,719  

PotlatchDeltic Corp.

     24,970        1,133,388  

Rayonier, Inc.

     12,259        348,891  
     

 

 

 
Total Specialized REITs

 

     4,557,740  
Specialty Retail – 6.3%

 

Academy Sports & Outdoors, Inc.

     41,386        1,956,316  

Advance Auto Parts, Inc.

     15,003        839,118  

American Eagle Outfitters, Inc.

     38,305        636,246  

Asbury Automotive Group, Inc.*

     13,772        3,168,524  

AutoNation, Inc.*

     37,108        5,618,151  

Dick’s Sporting Goods, Inc.(a)

     34,575        3,754,154  

Five Below, Inc.*

     4,164        669,988  

Floor & Decor Holdings, Inc., Class A*

     11,850        1,072,425  

Foot Locker, Inc.

     41,146        713,883  

Gap, Inc.

     28,667        304,730  

Group 1 Automotive, Inc.

     11,033        2,964,677  

Leslie’s, Inc.*(a)

     40,323        228,228  

Lithia Motors, Inc.

     18,605        5,494,615  

Murphy USA, Inc.

     7,033        2,403,387  

National Vision Holdings, Inc.*

     6,418        103,843  

Penske Automotive Group, Inc.

     33,937        5,669,515  

RH*(a)

     9,578        2,532,040  

Urban Outfitters, Inc.*

     18,724        612,088  

Valvoline, Inc.

     35,947        1,158,931  

Victoria’s Secret & Co.*

     33,608      560,582  

Williams-Sonoma, Inc.

     30,975        4,813,515  
     

 

 

 
Total Specialty Retail

 

     45,274,956  
Technology Hardware, Storage & Peripherals – 0.8%

 

Pure Storage, Inc., Class A*

     36,339        1,294,395  

Super Micro Computer, Inc.*(a)

     16,896        4,633,221  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     5,927,616  
Textiles, Apparel & Luxury Goods – 1.7%

 

Carter’s, Inc.

     11,925        824,614  

Columbia Sportswear Co.(a)

     11,659        863,932  

Crocs, Inc.*(a)

     19,944        1,759,659  

PVH Corp.

     28,420        2,174,414  

Ralph Lauren Corp.

     14,725        1,709,425  

Skechers USA, Inc., Class A*

     28,195        1,380,145  

Steven Madden Ltd.

     23,594        749,582  

Tapestry, Inc.

     72,683        2,089,636  

Under Armour, Inc., Class A*

     109,017        746,767  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     12,298,174  
Trading Companies & Distributors – 2.3%

 

Applied Industrial Technologies, Inc.

     7,241        1,119,531  

Beacon Roofing Supply, Inc.*

     26,725        2,062,369  

Boise Cascade Co.

     30,427        3,135,198  

Core & Main, Inc., Class A*

     61,925        1,786,536  

GATX Corp.

     5,702        620,549  

Herc Holdings, Inc.

     7,598        903,706  

MSC Industrial Direct Co., Inc., Class A(a)

     12,186        1,196,056  

Rush Enterprises, Inc., Class A

     30,281        1,236,373  

SiteOne Landscape Supply, Inc.*

     7,678        1,254,969  

WESCO International, Inc.

     20,083        2,888,337  
     

 

 

 
Total Trading Companies & Distributors

 

     16,203,624  
Water Utilities – 0.1%

 

American States Water Co.

     3,472        273,177  

California Water Service Group

     5,985        283,150  
     

 

 

 
Total Water Utilities

 

     556,327  
Total United States

 

     711,721,525  
Ghana – 0.2%

 

Oil, Gas & Consumable Fuels – 0.2%

 

Kosmos Energy Ltd.*

     211,270        1,728,188  
Singapore – 0.2%

 

Semiconductors & Semiconductor Equipment – 0.2%

 

Kulicke & Soffa Industries, Inc.

     29,444        1,431,862  
TOTAL COMMON STOCKS
(Cost: $693,970,714)

 

     714,881,575  
EXCHANGE-TRADED FUND – 0.0%

 

United States – 0.0%

 

WisdomTree U.S. MidCap Dividend Fund(b)
(Cost: $269,115)
     6,682        273,695  

 

See Notes to Financial Statements.

 

WisdomTree Trust      61  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2023

 

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.3%

 

United States – 0.3%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $1,980,207)      1,980,207      $ 1,980,207  
TOTAL INVESTMENTS IN SECURITIES – 99.9%
(Cost: $696,220,036)

 

     717,135,477  

Other Assets less Liabilities – 0.1%

 

     743,629  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 717,879,106  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $56,174,945 and the total market value of the collateral held by the Fund was $57,205,136. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $55,224,929.

 

(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, 2023.

 

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, 2023 were as follows:

 

Affiliate    Value at
3/31/2023
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2023
     Dividend
Income
 

WisdomTree U.S. MidCap Dividend Fund

   $ 685,145      $ 2,784,725      $ 3,145,883      $ (34,299    $ (15,993    $ 273,695      $ 14,906  

 

FAIR VALUATION SUMMARY               

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 714,881,575      $      $      $ 714,881,575  

Exchange-Traded Fund

     273,695                      273,695  

Investment of Cash Collateral for Securities Loaned

            1,980,207               1,980,207  

Total Investments in Securities

   $ 715,155,270      $ 1,980,207      $      $ 717,135,477  

 

See Notes to Financial Statements.

 

62   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. Multifactor Fund (USMF)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%

 

United States – 99.9%

 

Aerospace & Defense – 1.5%

 

Curtiss-Wright Corp.

     4,913      $ 961,130  

Lockheed Martin Corp.

     2,593        1,060,433  

Northrop Grumman Corp.

     2,253        991,748  

Parsons Corp.*

     17,793        967,050  
     

 

 

 
Total Aerospace & Defense

 

     3,980,361  
Air Freight & Logistics – 0.3%

 

Expeditors International of Washington, Inc.

     7,276        834,048  
Automobile Components – 0.4%

 

BorgWarner, Inc.

     22,989        928,066  
Banks – 0.7%

 

First Citizens BancShares, Inc., Class A

     636        877,744  

New York Community Bancorp, Inc.

     73,394        832,288  
     

 

 

 
Total Banks

 

     1,710,032  
Beverages – 0.6%

 

Coca-Cola Consolidated, Inc.

     938        596,868  

Molson Coors Beverage Co., Class B

     15,091        959,637  
     

 

 

 
Total Beverages

 

     1,556,505  
Biotechnology – 3.7%

 

AbbVie, Inc.

     7,767        1,157,749  

Amgen, Inc.

     4,127        1,109,173  

Biogen, Inc.*

     1,889        485,492  

Exelixis, Inc.*

     42,009        917,897  

Gilead Sciences, Inc.

     13,745        1,030,050  

Halozyme Therapeutics, Inc.*

     13,421        512,682  

Incyte Corp.*

     16,044        926,862  

Neurocrine Biosciences, Inc.*

     7,790        876,375  

Regeneron Pharmaceuticals, Inc.*

     901        741,487  

United Therapeutics Corp.*

     4,022        908,449  

Vertex Pharmaceuticals, Inc.*

     2,737        951,764  
     

 

 

 
Total Biotechnology

 

     9,617,980  
Broadline Retail – 0.3%

 

Dillard’s, Inc., Class A

     2,077        687,092  
Building Products – 1.0%

 

Builders FirstSource, Inc.*

     4,648        578,630  

Owens Corning

     5,237        714,379  

Simpson Manufacturing Co., Inc.

     4,441        665,306  

UFP Industries, Inc.

     6,865        702,976  
     

 

 

 
Total Building Products

 

     2,661,291  
Capital Markets – 2.7%

 

Cboe Global Markets, Inc.

     15,165        2,368,924  

CME Group, Inc.

     9,922        1,986,583  

Interactive Brokers Group, Inc., Class A

     16,503        1,428,500  

LPL Financial Holdings, Inc.

     5,438        1,292,341  
     

 

 

 
Total Capital Markets

 

     7,076,348  
Chemicals – 0.6%

 

CF Industries Holdings, Inc.

     9,871        846,340  

Mosaic Co.

     17,725        631,010  
     

 

 

 
Total Chemicals

 

     1,477,350  
Commercial Services & Supplies – 1.2%

 

Clean Harbors, Inc.*

     5,358      896,715  

Republic Services, Inc.

     7,567        1,078,373  

Waste Management, Inc.

     7,241        1,103,818  
     

 

 

 
Total Commercial Services & Supplies

 

     3,078,906  
Communications Equipment – 3.6%

 

Cisco Systems, Inc.

     59,812        3,215,493  

Juniper Networks, Inc.

     107,105        2,976,448  

Motorola Solutions, Inc.

     11,759        3,201,270  
     

 

 

 
Total Communications Equipment

 

     9,393,211  
Construction & Engineering – 0.3%

 

EMCOR Group, Inc.

     4,220        887,846  
Consumer Staples Distribution & Retail – 1.1%

 

Albertsons Cos., Inc., Class A

     39,975        909,431  

Casey’s General Stores, Inc.

     3,845        1,043,994  

Kroger Co.

     21,058        942,346  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     2,895,771  
Containers & Packaging – 0.9%

 

Graphic Packaging Holding Co.

     55,206        1,229,990  

Sonoco Products Co.

     21,586        1,173,199  
     

 

 

 
Total Containers & Packaging

 

     2,403,189  
Diversified Consumer Services – 0.8%

 

ADT, Inc.

     120,855        725,130  

H&R Block, Inc.

     30,050        1,293,953  
     

 

 

 
Total Diversified Consumer Services

 

     2,019,083  
Diversified REITs – 0.4%

 

WP Carey, Inc.

     18,306        989,988  
Diversified Telecommunication Services – 1.9%

 

AT&T, Inc.

     155,024        2,328,460  

Verizon Communications, Inc.

     83,280        2,699,105  
     

 

 

 
Total Diversified Telecommunication Services

 

     5,027,565  
Electric Utilities – 1.4%

 

Entergy Corp.

     9,321        862,192  

OGE Energy Corp.

     28,326        944,106  

PG&E Corp.*

     53,736        866,762  

Xcel Energy, Inc.

     15,899        909,741  
     

 

 

 
Total Electric Utilities

 

     3,582,801  
Electrical Equipment – 0.5%

 

Atkore, Inc.*

     3,404        507,843  

Hubbell, Inc.

     2,531        793,240  
     

 

 

 
Total Electrical Equipment

 

     1,301,083  
Electronic Equipment, Instruments & Components – 4.5%

 

Arrow Electronics, Inc.*

     21,632        2,709,192  

Insight Enterprises, Inc.*

     22,873        3,328,022  

Jabil, Inc.

     25,599        3,248,257  

National Instruments Corp.

     41,715        2,487,048  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     11,772,519  
Entertainment – 1.1%

 

Electronic Arts, Inc.

     24,109        2,902,724  

 

See Notes to Financial Statements.

 

WisdomTree Trust      63  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Multifactor Fund (USMF)

September 30, 2023

 

 

 

Investments    Shares      Value  
Financial Services – 0.6%

 

Fiserv, Inc.*

     14,238      $ 1,608,324  
Food Products – 2.8%

 

Archer-Daniels-Midland Co.

     10,548        795,530  

Campbell Soup Co.

     22,192        911,647  

Conagra Brands, Inc.

     33,483        918,104  

General Mills, Inc.

     14,295        914,737  

Ingredion, Inc.

     9,816        965,894  

Kellogg Co.

     15,971        950,434  

Kraft Heinz Co.

     31,046        1,044,388  

Lamb Weston Holdings, Inc.

     9,537        881,791  
     

 

 

 
Total Food Products

 

     7,382,525  
Gas Utilities – 0.3%

 

Atmos Energy Corp.

     7,960        843,203  
Health Care Equipment & Supplies – 0.7%

 

Boston Scientific Corp.*

     19,040        1,005,312  

Zimmer Biomet Holdings, Inc.

     7,643        857,697  
     

 

 

 
Total Health Care Equipment & Supplies

 

     1,863,009  
Health Care Providers & Services – 6.0%

 

Cardinal Health, Inc.

     11,505        998,864  

Cencora, Inc.

     6,417        1,154,867  

Centene Corp.*

     12,568        865,684  

Chemed Corp.

     2,150        1,117,355  

Cigna Group

     3,376        965,772  

CVS Health Corp.

     13,012        908,498  

DaVita, Inc.*

     5,430        513,298  

Elevance Health, Inc.

     2,061        897,401  

Encompass Health Corp.

     13,010        873,751  

HCA Healthcare, Inc.

     3,253        800,173  

Henry Schein, Inc.*

     13,299        987,451  

Humana, Inc.

     1,911        929,740  

McKesson Corp.

     2,622        1,140,177  

Molina Healthcare, Inc.*

     2,887        946,618  

Option Care Health, Inc.*

     17,116        553,703  

Quest Diagnostics, Inc.

     8,283        1,009,366  

UnitedHealth Group, Inc.

     2,137        1,077,454  
     

 

 

 
Total Health Care Providers & Services

 

     15,740,172  
Hotel & Resort REITs – 0.3%

 

Host Hotels & Resorts, Inc.

     52,583        845,009  
Hotels, Restaurants & Leisure – 3.9%

 

Booking Holdings, Inc.*

     319        983,780  

Boyd Gaming Corp.

     16,953        1,031,251  

Chipotle Mexican Grill, Inc.*

     502        919,579  

Choice Hotels International, Inc.

     8,562        1,048,931  

Darden Restaurants, Inc.

     9,449        1,353,286  

Domino’s Pizza, Inc.

     2,260        856,065  

Expedia Group, Inc.*

     5,844        602,341  

Marriott International, Inc., Class A

     5,221        1,026,240  

Texas Roadhouse, Inc.

     13,419        1,289,566  

Wyndham Hotels & Resorts, Inc.

     14,784        1,028,079  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     10,139,118  
Household Durables – 1.4%

 

DR Horton, Inc.

     8,179      878,997  

Lennar Corp., Class A

     8,280        929,264  

PulteGroup, Inc.

     12,833        950,284  

Toll Brothers, Inc.

     12,242        905,418  
     

 

 

 
Total Household Durables

 

     3,663,963  
Household Products – 1.4%

 

Clorox Co.

     5,449        714,146  

Colgate-Palmolive Co.

     13,236        941,212  

Kimberly-Clark Corp.

     8,228        994,354  

Reynolds Consumer Products, Inc.

     35,044        898,177  
     

 

 

 
Total Household Products

 

     3,547,889  
Independent Power & Renewable Electricity Producers – 0.3%

 

Vistra Corp.

     20,353        675,313  
Insurance – 8.6%

 

Aflac, Inc.

     26,260        2,015,455  

Brown & Brown, Inc.

     23,066        1,610,929  

CNA Financial Corp.

     49,967        1,966,201  

Globe Life, Inc.

     19,394        2,108,710  

Kinsale Capital Group, Inc.

     2,619        1,084,606  

Loews Corp.

     32,357        2,048,522  

Markel Group, Inc.*

     1,437        2,115,968  

Reinsurance Group of America, Inc.

     12,677        1,840,574  

RLI Corp.

     13,184        1,791,574  

Selective Insurance Group, Inc.

     19,300        1,991,181  

Unum Group

     33,796        1,662,425  

W R Berkley Corp.

     31,855        2,022,474  
     

 

 

 
Total Insurance

 

     22,258,619  
IT Services – 7.6%

 

Akamai Technologies, Inc.*

     26,818        2,857,189  

Cognizant Technology Solutions Corp., Class A

     36,677        2,484,500  

EPAM Systems, Inc.*

     6,019        1,538,998  

Gartner, Inc.*

     9,080        3,119,979  

GoDaddy, Inc., Class A*

     40,160        2,991,117  

International Business Machines Corp.

     24,493        3,436,368  

VeriSign, Inc.*

     16,041        3,248,784  
     

 

 

 
Total IT Services

 

     19,676,935  
Life Sciences Tools & Services – 0.2%

 

Medpace Holdings, Inc.*

     1,842        446,003  
Machinery – 1.5%

 

Caterpillar, Inc.

     2,863        781,599  

Donaldson Co., Inc.

     15,799        942,252  

PACCAR, Inc.

     12,657        1,076,098  

Snap-on, Inc.

     3,811        972,034  
     

 

 

 
Total Machinery

 

     3,771,983  
Media – 4.5%

 

Comcast Corp., Class A

     55,253        2,449,918  

Fox Corp., Class A

     85,034        2,653,061  

Liberty Media Corp.-Liberty SiriusXM, Class C*

     84,154        2,142,561  

New York Times Co., Class A

     52,240        2,152,288  

Omnicom Group, Inc.

     32,454        2,417,174  
     

 

 

 
Total Media

 

     11,815,002  

 

See Notes to Financial Statements.

 

64   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Multifactor Fund (USMF)

September 30, 2023

 

 

 

Investments    Shares      Value  
Metals & Mining – 1.0%

 

Commercial Metals Co.

     15,098      $ 745,992  

Reliance Steel & Aluminum Co.

     4,216        1,105,562  

Steel Dynamics, Inc.

     6,610        708,724  
     

 

 

 
Total Metals & Mining

 

     2,560,278  
Multi-Utilities – 0.4%

 

Consolidated Edison, Inc.

     11,441        978,549  
Oil, Gas & Consumable Fuels – 4.5%

 

Chesapeake Energy Corp.(a)

     10,178        877,649  

Chord Energy Corp.

     5,116        829,150  

ConocoPhillips

     7,166        858,487  

Coterra Energy, Inc.

     30,598        827,676  

EOG Resources, Inc.

     6,532        827,996  

EQT Corp.

     16,586        673,060  

Exxon Mobil Corp.

     10,531        1,238,235  

HF Sinclair Corp.

     15,178        864,084  

Marathon Petroleum Corp.

     7,327        1,108,868  

PBF Energy, Inc., Class A

     15,349        821,632  

Phillips 66

     8,783        1,055,277  

Southwestern Energy Co.*

     106,626        687,738  

Valero Energy Corp.

     6,918        980,350  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     11,650,202  
Passenger Airlines – 0.2%

 

United Airlines Holdings, Inc.*

     13,004        550,069  
Pharmaceuticals – 2.4%

 

Bristol-Myers Squibb Co.

     19,869        1,153,197  

Eli Lilly & Co.

     1,410        757,353  

Johnson & Johnson

     7,019        1,093,209  

Merck & Co., Inc.

     9,915        1,020,749  

Organon & Co.

     31,794        551,944  

Pfizer, Inc.

     29,451        976,890  

Viatris, Inc.

     78,315        772,186  
     

 

 

 
Total Pharmaceuticals

 

     6,325,528  
Professional Services – 1.4%

 

CACI International, Inc., Class A*

     3,337        1,047,584  

Leidos Holdings, Inc.

     9,589        883,722  

Science Applications International Corp.

     9,697        1,023,421  

TriNet Group, Inc.*

     6,276        731,029  
     

 

 

 
Total Professional Services

 

     3,685,756  
Retail REITs – 0.4%

 

NNN REIT, Inc.

     32,814        1,159,647  
Semiconductors & Semiconductor Equipment – 1.5%

 

Broadcom, Inc.

     2,561        2,127,116  

Rambus, Inc.*

     29,423        1,641,509  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     3,768,625  
Software – 9.3%

 

AppLovin Corp., Class A*

     34,046        1,360,478  

CCC Intelligent Solutions Holdings, Inc.*

     264,855        3,535,814  

Dropbox, Inc., Class A*

     97,573        2,656,913  

Fair Isaac Corp.*

     2,051        1,781,355  

Fortinet, Inc.*

     26,261        1,540,995  

New Relic, Inc.*

     19,740      1,690,139  

Oracle Corp.

     23,948        2,536,572  

Palo Alto Networks, Inc.*

     7,344        1,721,727  

Qualys, Inc.*

     13,063        1,992,761  

Salesforce, Inc.*

     9,583        1,943,241  

VMware, Inc., Class A*

     21,376        3,558,677  
     

 

 

 
Total Software

 

     24,318,672  
Specialized REITs – 1.2%

 

CubeSmart

     23,100        880,803  

Gaming & Leisure Properties, Inc.

     25,132        1,144,762  

VICI Properties, Inc.

     37,996        1,105,684  
     

 

 

 
Total Specialized REITs

 

     3,131,249  
Specialty Retail – 4.0%

 

AutoNation, Inc.*

     4,561        690,535  

AutoZone, Inc.*

     511        1,297,935  

Dick’s Sporting Goods, Inc.

     5,685        617,277  

Murphy USA, Inc.

     4,090        1,397,676  

O’Reilly Automotive, Inc.*

     1,496        1,359,655  

Penske Automotive Group, Inc.

     5,384        899,451  

TJX Cos., Inc.

     14,473        1,286,360  

Tractor Supply Co.

     5,221        1,060,124  

Ulta Beauty, Inc.*

     2,884        1,152,014  

Williams-Sonoma, Inc.

     4,882        758,663  
     

 

 

 
Total Specialty Retail

 

     10,519,690  
Technology Hardware, Storage & Peripherals – 1.7%

 

NetApp, Inc.

     35,630        2,703,604  

Super Micro Computer, Inc.*

     6,004        1,646,417  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     4,350,021  
Tobacco – 0.4%

 

Altria Group, Inc.

     23,839        1,002,430  
Trading Companies & Distributors – 0.7%

 

Applied Industrial Technologies, Inc.

     5,103        788,975  

MSC Industrial Direct Co., Inc., Class A

     11,612        1,139,718  
     

 

 

 
Total Trading Companies & Distributors

 

     1,928,693  
Wireless Telecommunication Services – 1.2%

 

T-Mobile U.S., Inc.*

     22,352        3,130,398  
TOTAL INVESTMENTS IN SECURITIES – 99.9%
(Cost: $248,129,179)

 

     260,120,633  

Other Assets less Liabilities – 0.1%

 

     250,786  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 260,371,419  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan was $874,372 and the total market value of the collateral held by the Fund was $898,058, which was entirely composed of non-cash U.S. Government securities.

 

See Notes to Financial Statements.

 

WisdomTree Trust      65  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Multifactor Fund (USMF)

September 30, 2023

 

FAIR VALUATION SUMMARY               

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 260,120,633      $      $      $ 260,120,633  

Total Investments in Securities

   $ 260,120,633      $      $      $ 260,120,633  

 

See Notes to Financial Statements.

 

66   WisdomTree Trust


Schedule of Investments (unaudited)

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

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

United States – 99.8%

 

Aerospace & Defense – 1.5%

 

BWX Technologies, Inc.

     45,901      $ 3,441,657  

Curtiss-Wright Corp.

     10,050        1,966,082  

General Dynamics Corp.

     181,665        40,142,515  

HEICO Corp.

     15,796        2,557,846  

Hexcel Corp.

     16,118        1,049,927  

Howmet Aerospace, Inc.

     60,266        2,787,303  

Huntington Ingalls Industries, Inc.

     27,942        5,716,374  

Lockheed Martin Corp.

     208,916        85,438,287  

Textron, Inc.

     30,888        2,413,588  

Woodward, Inc.

     12,082        1,501,309  
     

 

 

 
Total Aerospace & Defense

 

     147,014,888  
Air Freight & Logistics – 1.9%

 

FedEx Corp.

     218,574        57,904,624  

United Parcel Service, Inc., Class B

     797,807        124,354,177  
     

 

 

 
Total Air Freight & Logistics

 

     182,258,801  
Automobile Components – 0.2%

 

BorgWarner, Inc.

     126,058        5,088,961  

Gentex Corp.

     134,684        4,382,617  

Lear Corp.

     40,708        5,463,014  
     

 

 

 
Total Automobile Components

 

     14,934,592  
Banks – 2.5%

 

First Citizens BancShares, Inc., Class A

     2,771        3,824,257  

First Interstate BancSystem, Inc., Class A

     134,136        3,345,352  

M&T Bank Corp.

     164,981        20,861,848  

U.S. Bancorp

     2,086,657        68,984,880  

Wells Fargo & Co.

     3,407,072        139,212,962  

Western Alliance Bancorp

     85,158        3,914,713  
     

 

 

 
Total Banks

 

     240,144,012  
Beverages – 4.5%

 

Brown-Forman Corp., Class B

     170,031        9,809,089  

Coca-Cola Co.

     3,878,415        217,113,672  

Coca-Cola Consolidated, Inc.

     1,198        762,311  

Constellation Brands, Inc., Class A

     74,149        18,635,868  

PepsiCo, Inc.

     1,119,862        189,749,417  
     

 

 

 
Total Beverages

 

     436,070,357  
Biotechnology – 1.3%

 

Amgen, Inc.

     469,352        126,143,044  
Broadline Retail – 0.2%

 

eBay, Inc.

     352,616        15,546,839  
Building Products – 0.4%

 

A O Smith Corp.

     82,825        5,477,217  

AAON, Inc.

     9,187        522,465  

Advanced Drainage Systems, Inc.

     17,677        2,012,173  

Carlisle Cos., Inc.

     19,112        4,954,977  

Carrier Global Corp.

     381,778        21,074,146  

Lennox International, Inc.

     19,926        7,461,091  
     

 

 

 
Total Building Products

 

     41,502,069  
Capital Markets – 5.0%

 

Ameriprise Financial, Inc.

     54,452      17,951,735  

Bank of New York Mellon Corp.

     870,337        37,119,873  

Charles Schwab Corp.

     635,563        34,892,409  

Evercore, Inc., Class A

     35,574        4,904,943  

FactSet Research Systems, Inc.

     10,036        4,388,341  

Goldman Sachs Group, Inc.

     296,169        95,831,403  

Houlihan Lokey, Inc.

     32,922        3,526,605  

Interactive Brokers Group, Inc., Class A

     21,133        1,829,272  

Jefferies Financial Group, Inc.

     233,957        8,569,845  

LPL Financial Holdings, Inc.

     15,850        3,766,753  

MarketAxess Holdings, Inc.

     11,451        2,446,392  

Moody’s Corp.

     57,921        18,312,883  

Morgan Stanley

     1,889,917        154,349,521  

Morningstar, Inc.

     8,095        1,896,173  

MSCI, Inc.

     26,164        13,424,225  

Nasdaq, Inc.

     179,907        8,741,681  

S&P Global, Inc.

     102,693        37,525,049  

SEI Investments Co.

     63,862        3,846,408  

Stifel Financial Corp.

     64,517        3,963,925  

T Rowe Price Group, Inc.

     280,462        29,412,050  
     

 

 

 
Total Capital Markets

 

     486,699,486  
Chemicals – 1.7%

 

Air Products & Chemicals, Inc.

     148,460        42,073,564  

Celanese Corp.(a)

     88,108        11,059,316  

Chemours Co.

     163,248        4,579,106  

Corteva, Inc.

     209,552        10,720,680  

DuPont de Nemours, Inc.

     301,012        22,452,485  

Ecolab, Inc.

     124,617        21,110,120  

FMC Corp.

     68,938        4,616,778  

H B Fuller Co.

     13,024        893,577  

PPG Industries, Inc.

     144,092        18,703,142  

RPM International, Inc.

     73,072        6,927,956  

Sherwin-Williams Co.

     78,874        20,116,814  
     

 

 

 
Total Chemicals

 

     163,253,538  
Commercial Services & Supplies – 0.8%

 

Cintas Corp.

     33,797        16,256,695  

MSA Safety, Inc.

     18,007        2,838,803  

Republic Services, Inc.

     146,329        20,853,346  

Rollins, Inc.

     212,694        7,939,867  

Tetra Tech, Inc.

     12,205        1,855,526  

Waste Management, Inc.

     205,915        31,389,683  
     

 

 

 
Total Commercial Services & Supplies

 

     81,133,920  
Communications Equipment – 2.6%

 

Cisco Systems, Inc.

     4,114,354        221,187,671  

Juniper Networks, Inc.

     259,197        7,203,085  

Motorola Solutions, Inc.

     71,922        19,580,045  
     

 

 

 
Total Communications Equipment

 

     247,970,801  
Construction & Engineering – 0.1%

 

Comfort Systems USA, Inc.

     7,033        1,198,493  

EMCOR Group, Inc.

     6,251        1,315,148  

MDU Resources Group, Inc.

     183,105        3,585,196  

 

See Notes to Financial Statements.

 

WisdomTree Trust      67  


Schedule of Investments (unaudited) (continued)

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

September 30, 2023

 

 

 

Investments    Shares      Value  

Quanta Services, Inc.

     22,023      $ 4,119,843  

Valmont Industries, Inc.

     6,695        1,608,206  
     

 

 

 
Total Construction & Engineering

 

     11,826,886  
Construction Materials – 0.2%

 

Eagle Materials, Inc.

     11,321        1,885,173  

Martin Marietta Materials, Inc.

     15,611        6,408,003  

Vulcan Materials Co.

     36,651        7,404,235  
     

 

 

 
Total Construction Materials

 

     15,697,411  
Consumer Finance – 0.6%

 

American Express Co.

     328,773        49,049,644  

FirstCash Holdings, Inc.

     19,381        1,945,465  

SLM Corp.

     200,610        2,732,308  
     

 

 

 
Total Consumer Finance

 

     53,727,417  
Consumer Staples Distribution & Retail – 3.6%

 

Costco Wholesale Corp.

     104,573        59,079,562  

Dollar General Corp.

     64,534        6,827,697  

Sysco Corp.

     384,483        25,395,102  

Target Corp.

     417,011        46,108,906  

Walmart, Inc.

     1,305,246        208,747,993  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     346,159,260  
Containers & Packaging – 0.2%

 

AptarGroup, Inc.

     30,059        3,758,577  

Avery Dennison Corp.

     42,694        7,798,913  

Berry Global Group, Inc.

     63,779        3,948,558  

Graphic Packaging Holding Co.

     183,346        4,084,949  

Sealed Air Corp.

     62,763        2,062,392  
     

 

 

 
Total Containers & Packaging

 

     21,653,389  
Distributors – 0.3%

 

Genuine Parts Co.

     90,306        13,038,380  

LKQ Corp.

     169,965        8,414,967  

Pool Corp.

     15,749        5,608,219  
     

 

 

 
Total Distributors

 

     27,061,566  
Electrical Equipment – 0.8%

 

AMETEK, Inc.

     52,595        7,771,437  

Emerson Electric Co.

     422,481        40,798,990  

Hubbell, Inc.

     34,680        10,869,059  

Rockwell Automation, Inc.

     66,438        18,992,631  

Vertiv Holdings Co.

     66,654        2,479,529  
     

 

 

 
Total Electrical Equipment

 

     80,911,646  
Electronic Equipment, Instruments & Components – 0.4%

 

Amphenol Corp., Class A

     198,094        16,637,915  

CDW Corp.

     52,685        10,629,725  

Cognex Corp.

     36,740        1,559,246  

Crane NXT Co.

     36,076        2,004,743  

Jabil, Inc.

     21,920        2,781,429  

TD SYNNEX Corp.

     37,581        3,752,839  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     37,365,897  
Energy Equipment & Services – 0.2%

 

ChampionX Corp.

     69,189        2,464,512  

Halliburton Co.

     382,537        15,492,748  

NOV, Inc.

     119,095      2,489,086  

Patterson-UTI Energy, Inc.

     130,367        1,804,279  
     

 

 

 
Total Energy Equipment & Services

 

     22,250,625  
Entertainment – 0.1%

 

Electronic Arts, Inc.

     52,289        6,295,596  
Financial Services – 1.8%

 

Jack Henry & Associates, Inc.

     24,368        3,682,980  

Mastercard, Inc., Class A

     170,118        67,351,417  

Visa, Inc., Class A

     443,661        102,046,467  
     

 

 

 
Total Financial Services

 

     173,080,864  
Food Products – 1.0%

 

Campbell Soup Co.

     276,845        11,372,792  

General Mills, Inc.

     475,437        30,423,214  

Hershey Co.

     85,761        17,159,061  

Ingredion, Inc.

     64,981        6,394,130  

Lamb Weston Holdings, Inc.

     48,985        4,529,153  

Lancaster Colony Corp.

     14,225        2,347,552  

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

     158,450        11,985,158  

Tyson Foods, Inc., Class A

     292,437        14,765,144  
     

 

 

 
Total Food Products

 

     98,976,204  
Gas Utilities – 0.2%

 

National Fuel Gas Co.

     82,033        4,258,333  

Southwest Gas Holdings, Inc.

     74,873        4,523,078  

UGI Corp.

     248,597        5,717,731  
     

 

 

 
Total Gas Utilities

 

     14,499,142  
Ground Transportation – 1.7%

 

CSX Corp.

     852,725        26,221,294  

Landstar System, Inc.

     9,433        1,669,075  

Norfolk Southern Corp.

     149,626        29,465,848  

Old Dominion Freight Line, Inc.

     19,035        7,787,980  

Union Pacific Corp.

     490,686        99,918,390  
     

 

 

 
Total Ground Transportation

 

     165,062,587  
Health Care Equipment & Supplies – 0.5%

 

Cooper Cos., Inc.

     8,376        2,663,652  

ResMed, Inc.

     38,974        5,763,085  

Stryker Corp.

     143,724        39,275,458  

Teleflex, Inc.

     11,279        2,215,308  
     

 

 

 
Total Health Care Equipment & Supplies

 

     49,917,503  
Health Care Providers & Services – 3.6%

 

Cardinal Health, Inc.

     219,140        19,025,735  

Cencora, Inc.

     76,047        13,686,179  

Chemed Corp.

     2,586        1,343,944  

Cigna Group

     136,078        38,927,833  

Elevance Health, Inc.

     75,882        33,040,540  

Encompass Health Corp.

     41,620        2,795,199  

Ensign Group, Inc.

     5,603        520,687  

HCA Healthcare, Inc.

     86,454        21,265,955  

Humana, Inc.

     23,859        11,607,881  

McKesson Corp.

     26,207        11,396,114  

UnitedHealth Group, Inc.

     372,921        188,023,039  

 

See Notes to Financial Statements.

 

68   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

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

September 30, 2023

 

 

 

Investments    Shares      Value  

Universal Health Services, Inc., Class B

     14,423      $ 1,813,404  
     

 

 

 
Total Health Care Providers & Services

 

     343,446,510  
Health Care REITs – 0.2%

 

Ventas, Inc.

     507,809        21,393,993  
Hotels, Restaurants & Leisure – 3.1%

 

Aramark

     85,204        2,956,579  

Churchill Downs, Inc.

     21,211        2,461,324  

Darden Restaurants, Inc.

     134,567        19,272,686  

Domino’s Pizza, Inc.

     15,183        5,751,169  

Hilton Worldwide Holdings, Inc.

     46,877        7,039,988  

Marriott International, Inc., Class A

     99,994        19,654,821  

McDonald’s Corp.

     529,530        139,499,383  

Starbucks Corp.

     756,369        69,033,799  

Texas Roadhouse, Inc.

     45,874        4,408,491  

Vail Resorts, Inc.(a)

     39,714        8,812,139  

Wendy’s Co.

     165,220        3,372,140  

Yum! Brands, Inc.

     157,173        19,637,195  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     301,899,714  
Household Durables – 0.2%

 

DR Horton, Inc.

     129,892        13,959,493  
Household Products – 3.9%

 

Church & Dwight Co., Inc.

     101,513        9,301,636  

Colgate-Palmolive Co.

     650,612        46,265,019  

Kimberly-Clark Corp.

     367,884        44,458,782  

Procter & Gamble Co.

     1,887,734        275,344,881  
     

 

 

 
Total Household Products

 

     375,370,318  
Independent Power & Renewable Electricity Producers – 0.1%

 

AES Corp.

     499,493        7,592,294  

Ormat Technologies, Inc.

     14,896        1,041,528  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     8,633,822  
Industrial Conglomerates – 1.8%

 

3M Co.

     832,616        77,949,510  

General Electric Co.

     186,619        20,630,730  

Honeywell International, Inc.

     415,567        76,771,848  
     

 

 

 
Total Industrial Conglomerates

 

     175,352,088  
Insurance – 2.2%

 

American International Group, Inc.

     496,485        30,086,991  

Arthur J Gallagher & Co.

     71,321        16,256,196  

Assurant, Inc.

     37,660        5,407,223  

Brown & Brown, Inc.

     68,805        4,805,341  

Cincinnati Financial Corp.

     126,711        12,961,268  

CNA Financial Corp.

     336,881        13,256,267  

Erie Indemnity Co., Class A

     27,586        8,104,491  

First American Financial Corp.

     128,809        7,276,420  

Globe Life, Inc.

     27,836        3,026,608  

Hanover Insurance Group, Inc.

     29,248        3,245,943  

Hartford Financial Services Group, Inc.

     245,878        17,435,209  

Kinsale Capital Group, Inc.

     3,577        1,481,343  

Marsh & McLennan Cos., Inc.

     225,019        42,821,116  

Primerica, Inc.

     18,119        3,515,267  

Progressive Corp.

     102,760        14,314,468  

Selective Insurance Group, Inc.

     21,450      2,212,996  

Travelers Cos., Inc.

     146,738        23,963,783  

W R Berkley Corp.

     44,797        2,844,162  
     

 

 

 
Total Insurance

 

     213,015,092  
IT Services – 0.2%

 

Cognizant Technology Solutions Corp., Class A

     296,167        20,062,353  
Leisure Products – 0.2%

 

Brunswick Corp.

     47,886        3,782,994  

Hasbro, Inc.

     194,185        12,843,396  

Polaris, Inc.

     46,145        4,805,540  
     

 

 

 
Total Leisure Products

 

     21,431,930  
Life Sciences Tools & Services – 0.5%

 

Agilent Technologies, Inc.

     57,703        6,452,350  

Bruker Corp.

     26,193        1,631,824  

Thermo Fisher Scientific, Inc.

     64,649        32,723,384  

West Pharmaceutical Services, Inc.

     12,871        4,829,328  
     

 

 

 
Total Life Sciences Tools & Services

 

     45,636,886  
Machinery – 3.3%

 

Allison Transmission Holdings, Inc.

     46,796        2,763,772  

Caterpillar, Inc.

     347,552        94,881,696  

Cummins, Inc.

     119,273        27,249,110  

Deere & Co.

     101,631        38,353,507  

Donaldson Co., Inc.

     68,114        4,062,319  

Dover Corp.

     60,557        8,448,307  

Flowserve Corp.

     100,997        4,016,651  

Graco, Inc.

     66,877        4,873,996  

IDEX Corp.

     28,057        5,836,417  

Illinois Tool Works, Inc.

     231,097        53,223,950  

ITT, Inc.

     26,638        2,608,127  

Lincoln Electric Holdings, Inc.

     34,469        6,266,119  

Nordson Corp.

     19,361        4,320,794  

Oshkosh Corp.

     40,115        3,828,174  

Parker-Hannifin Corp.

     74,160        28,886,803  

Snap-on, Inc.

     48,755        12,435,450  

Timken Co.

     46,579        3,423,091  

Toro Co.

     39,005        3,241,315  

Xylem, Inc.

     67,131        6,110,935  
     

 

 

 
Total Machinery

 

     314,830,533  
Media – 0.2%

 

New York Times Co., Class A

     79,246        3,264,935  

News Corp., Class A

     193,697        3,885,562  

Nexstar Media Group, Inc.

     25,283        3,624,824  

Sirius XM Holdings, Inc.(a)

     2,103,840        9,509,357  

TEGNA, Inc.

     154,217        2,246,941  
     

 

 

 
Total Media

 

     22,531,619  
Metals & Mining – 0.0%

 

Royal Gold, Inc.

     26,610        2,829,441  
Multi-Utilities – 0.2%

 

CMS Energy Corp.

     292,209        15,519,220  
Oil, Gas & Consumable Fuels – 0.4%

 

Comstock Resources, Inc.

     246,796        2,722,160  

 

See Notes to Financial Statements.

 

WisdomTree Trust      69  


Schedule of Investments (unaudited) (continued)

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

September 30, 2023

 

 

 

Investments    Shares      Value  

EQT Corp.

     188,776      $ 7,660,530  

Murphy Oil Corp.

     116,527        5,284,499  

Ovintiv, Inc.

     152,193        7,239,821  

Targa Resources Corp.

     133,971        11,483,994  

Texas Pacific Land Corp.

     1,964        3,581,472  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     37,972,476  
Paper & Forest Products – 0.0%

 

Louisiana-Pacific Corp.

     33,302        1,840,602  
Personal Care Products – 0.1%

 

Estee Lauder Cos., Inc., Class A

     85,258        12,324,044  
Pharmaceuticals – 7.8%

 

Eli Lilly & Co.

     327,070        175,679,109  

Johnson & Johnson

     2,144,182        333,956,347  

Merck & Co., Inc.

     2,177,106        224,133,063  

Zoetis, Inc.

     126,985        22,092,850  
     

 

 

 
Total Pharmaceuticals

 

     755,861,369  
Professional Services – 1.6%

 

Automatic Data Processing, Inc.

     254,528        61,234,346  

Booz Allen Hamilton Holding Corp.

     70,599        7,714,353  

Broadridge Financial Solutions, Inc.

     76,111        13,627,675  

Equifax, Inc.

     33,123        6,067,471  

Exponent, Inc.

     15,390        1,317,384  

Insperity, Inc.

     21,722        2,120,067  

Jacobs Solutions, Inc.

     28,128        3,839,472  

KBR, Inc.

     36,397        2,145,239  

Leidos Holdings, Inc.

     60,236        5,551,350  

Maximus, Inc.

     24,752        1,848,479  

Paychex, Inc.

     294,825        34,002,167  

Robert Half, Inc.

     79,549        5,829,351  

Verisk Analytics, Inc.

     32,538        7,686,777  
     

 

 

 
Total Professional Services

 

     152,984,131  
Semiconductors & Semiconductor Equipment – 9.3%

 

Applied Materials, Inc.

     272,809        37,770,406  

Broadcom, Inc.

     405,794        337,044,381  

KLA Corp.

     61,961        28,419,032  

Lam Research Corp.

     66,955        41,965,385  

Micron Technology, Inc.

     300,237        20,425,123  

Monolithic Power Systems, Inc.

     12,186        5,629,932  

NVIDIA Corp.

     419,332        182,405,227  

QUALCOMM, Inc.

     883,155        98,083,194  

Skyworks Solutions, Inc.

     138,748        13,679,165  

Teradyne, Inc.

     30,206        3,034,495  

Texas Instruments, Inc.

     818,352        130,126,152  

Universal Display Corp.

     15,701        2,464,900  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     901,047,392  
Software – 10.7%

 

Bentley Systems, Inc., Class B

     47,466        2,380,894  

Dolby Laboratories, Inc., Class A

     24,841        1,968,898  

Gen Digital, Inc.

     472,682        8,357,018  

Intuit, Inc.

     71,221        36,389,658  

Microsoft Corp.

     2,627,661        829,683,961  

Oracle Corp.

     1,408,033      149,138,855  

Roper Technologies, Inc.

     20,892        10,117,578  
     

 

 

 
Total Software

 

     1,038,036,862  
Specialized REITs – 0.8%

 

Extra Space Storage, Inc.

     163,745        19,908,117  

Lamar Advertising Co., Class A

     130,225        10,869,881  

Public Storage

     160,205        42,217,222  

SBA Communications Corp.

     34,213        6,848,416  
     

 

 

 
Total Specialized REITs

 

     79,843,636  
Specialty Retail – 4.5%

 

Academy Sports & Outdoors, Inc.

     19,177        906,497  

Advance Auto Parts, Inc.

     61,958        3,465,311  

Best Buy Co., Inc.

     303,465        21,081,713  

Dick’s Sporting Goods, Inc.

     32,403        3,518,318  

Home Depot, Inc.

     784,498        237,043,916  

Lowe’s Cos., Inc.

     400,154        83,168,007  

Ross Stores, Inc.

     119,941        13,547,336  

TJX Cos., Inc.

     557,747        49,572,553  

Tractor Supply Co.

     58,076        11,792,332  

Williams-Sonoma, Inc.

     59,864        9,302,866  
     

 

 

 
Total Specialty Retail

 

     433,398,849  
Technology Hardware, Storage & Peripherals – 6.2%

 

Apple, Inc.

     3,233,084        553,536,312  

HP, Inc.

     1,188,173        30,536,046  

NetApp, Inc.

     217,043        16,469,223  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     600,541,581  
Textiles, Apparel & Luxury Goods – 0.6%

 

Columbia Sportswear Co.

     23,670        1,753,947  

NIKE, Inc., Class B

     504,487        48,239,047  

Ralph Lauren Corp.

     39,891        4,630,946  

Tapestry, Inc.

     259,165        7,450,994  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     62,074,934  
Tobacco – 3.3%

 

Altria Group, Inc.

     2,665,443        112,081,878  

Philip Morris International, Inc.

     2,243,966        207,746,372  
     

 

 

 
Total Tobacco

 

     319,828,250  
Trading Companies & Distributors – 0.5%

 

Applied Industrial Technologies, Inc.

     9,347        1,445,140  

Fastenal Co.

     444,024        24,261,471  

Herc Holdings, Inc.

     17,460        2,076,692  

MSC Industrial Direct Co., Inc., Class A

     53,050        5,206,858  

WW Grainger, Inc.

     20,315        14,054,730  
     

 

 

 
Total Trading Companies & Distributors

 

     47,044,891  
Water Utilities – 0.0%

 

American States Water Co.

     17,597        1,384,532  
TOTAL COMMON STOCKS
(Cost: $8,811,568,431)

 

     9,647,254,901  

 

See Notes to Financial Statements.

 

70   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

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

September 30, 2023

 

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.1%

 

United States – 0.1%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 5.36%(b)

     
(Cost: $9,953,796)      9,953,796      $ 9,953,796  
TOTAL INVESTMENTS IN SECURITIES – 99.9%
(Cost: $8,821,522,227)

 

     9,657,208,697  

Other Assets less Liabilities – 0.1%

 

     8,004,265  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 9,665,212,962  
(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $28,190,025 and the total market value of the collateral held by the Fund was $29,947,461. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $19,993,665.

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

FAIR VALUATION SUMMARY               

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 9,647,254,901      $      $      $ 9,647,254,901  

Investment of Cash Collateral for Securities Loaned

            9,953,796               9,953,796  

Total Investments in Securities

   $ 9,647,254,901      $ 9,953,796      $      $ 9,657,208,697  

 

See Notes to Financial Statements.

 

WisdomTree Trust      71  


Schedule of Investments (unaudited)

WisdomTree U.S. Quality Growth Fund (QGRW)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.0%

 

United States – 100.0%

 

Aerospace & Defense – 0.2%

 

Axon Enterprise, Inc.*

     398      $ 79,198  
Air Freight & Logistics – 1.6%

 

CH Robinson Worldwide, Inc.

     618        53,228  

Expeditors International of Washington, Inc.

     804        92,162  

United Parcel Service, Inc., Class B

     4,580        713,885  
     

 

 

 
Total Air Freight & Logistics

 

     859,275  
Automobiles – 4.5%

 

Tesla, Inc.*

     9,728        2,434,140  
Beverages – 0.6%

 

Monster Beverage Corp.*

     5,643        298,797  
Biotechnology – 1.4%

 

Incyte Corp.*

     1,169        67,533  

Seagen, Inc.*

     1,004        212,999  

Vertex Pharmaceuticals, Inc.*

     1,356        471,535  
     

 

 

 
Total Biotechnology

 

     752,067  
Broadline Retail – 5.1%

 

Amazon.com, Inc.*

     21,719        2,760,919  
Building Products – 0.2%

 

Builders FirstSource, Inc.*

     684        85,151  
Capital Markets – 3.7%

 

Blackstone, Inc.

     6,361        681,517  

FactSet Research Systems, Inc.

     201        87,889  

LPL Financial Holdings, Inc.

     404        96,011  

Moody’s Corp.

     978        309,214  

MSCI, Inc.

     421        216,007  

S&P Global, Inc.

     1,704        622,659  
     

 

 

 
Total Capital Markets

 

     2,013,297  
Chemicals – 0.6%

 

Celanese Corp.

     549        68,910  

CF Industries Holdings, Inc.

     1,016        87,112  

Dow, Inc.

     3,612        186,235  
     

 

 

 
Total Chemicals

 

     342,257  
Commercial Services & Supplies – 0.6%

 

Copart, Inc.*

     5,146        221,741  

Rollins, Inc.

     2,630        98,178  
     

 

 

 
Total Commercial Services & Supplies

 

     319,919  
Communications Equipment – 0.6%

 

Arista Networks, Inc.*

     1,708        314,152  
Distributors – 0.1%

 

Pool Corp.

     201        71,576  
Entertainment – 1.9%

 

Netflix, Inc.*

     2,424        915,302  

Take-Two Interactive Software, Inc.*

     913        128,176  
     

 

 

 
Total Entertainment

 

     1,043,478  
Financial Services – 6.4%

 

Block, Inc.*

     3,167        140,171  

Mastercard, Inc., Class A

     3,748        1,483,871  

Visa, Inc., Class A

     8,045      1,850,431  
     

 

 

 
Total Financial Services

 

     3,474,473  
Ground Transportation – 0.6%

 

JB Hunt Transport Services, Inc.

     555        104,629  

Old Dominion Freight Line, Inc.

     588        240,574  
     

 

 

 
Total Ground Transportation

 

     345,203  
Health Care Equipment & Supplies – 2.6%

 

Align Technology, Inc.*

     405        123,655  

Dexcom, Inc.*

     2,026        189,026  

Edwards Lifesciences Corp.*

     3,261        225,922  

IDEXX Laboratories, Inc.*

     450        196,772  

Insulet Corp.*

     357        56,938  

Intuitive Surgical, Inc.*

     1,891        552,720  

Penumbra, Inc.*

     207        50,075  
     

 

 

 
Total Health Care Equipment & Supplies

 

     1,395,108  
Health Care Providers & Services – 3.6%

 

Molina Healthcare, Inc.*

     316        103,613  

UnitedHealth Group, Inc.

     3,618        1,824,160  
     

 

 

 
Total Health Care Providers & Services

 

     1,927,773  
Health Care Technology – 0.3%

 

Veeva Systems, Inc., Class A*

     871        177,205  
Hotels, Restaurants & Leisure – 2.2%

 

Chipotle Mexican Grill, Inc.*

     150        274,775  

DoorDash, Inc., Class A*

     2,092        166,251  

Starbucks Corp.

     6,071        554,100  

Yum! Brands, Inc.

     1,479        184,786  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     1,179,912  
Household Durables – 1.0%

 

DR Horton, Inc.

     1,791        192,479  

Lennar Corp., Class A

     1,502        168,569  

NVR, Inc.*

     16        95,413  

PulteGroup, Inc.

     1,174        86,935  
     

 

 

 
Total Household Durables

 

     543,396  
Insurance – 0.8%

 

Progressive Corp.

     3,144        437,959  
Interactive Media & Services – 10.6%

 

Alphabet, Inc., Class A*

     27,002        3,533,482  

Meta Platforms, Inc., Class A*

     6,892        2,069,047  

Pinterest, Inc., Class A*

     3,672        99,254  
     

 

 

 
Total Interactive Media & Services

 

     5,701,783  
IT Services – 0.6%

 

EPAM Systems, Inc.*

     314        80,287  

Gartner, Inc.*

     417        143,285  

VeriSign, Inc.*

     547        110,784  
     

 

 

 
Total IT Services

 

     334,356  
Life Sciences Tools & Services – 0.5%

 

Mettler-Toledo International, Inc.*

     121        134,077  

West Pharmaceutical Services, Inc.

     397        148,958  
     

 

 

 
Total Life Sciences Tools & Services

 

     283,035  

 

See Notes to Financial Statements.

 

72   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Quality Growth Fund (QGRW)

September 30, 2023

 

 

 

Investments    Shares      Value  
Media – 0.4%

 

Trade Desk, Inc., Class A*

     2,617      $ 204,519  
Metals & Mining – 0.5%

 

Nucor Corp.

     1,273        199,034  

Steel Dynamics, Inc.

     860        92,209  
     

 

 

 
Total Metals & Mining

 

     291,243  
Oil, Gas & Consumable Fuels – 0.2%

 

Coterra Energy, Inc.

     3,947        106,766  
Pharmaceuticals – 0.8%

 

Zoetis, Inc.

     2,408        418,944  
Professional Services – 0.5%

 

Paycom Software, Inc.

     315        81,670  

Verisk Analytics, Inc.

     778        183,795  
     

 

 

 
Total Professional Services

 

     265,465  
Semiconductors & Semiconductor Equipment – 12.5%

 

Advanced Micro Devices, Inc.*

     8,827        907,592  

Applied Materials, Inc.

     4,536        628,009  

Enphase Energy, Inc.*

     735        88,310  

Entegris, Inc.

     810        76,067  

KLA Corp.

     730        334,822  

Lam Research Corp.

     738        462,556  

Monolithic Power Systems, Inc.

     259        119,658  

NVIDIA Corp.

     7,191        3,128,013  

ON Semiconductor Corp.*

     2,360        219,362  

QUALCOMM, Inc.

     6,027        669,359  

Teradyne, Inc.

     825        82,880  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     6,716,628  
Software – 19.4%

 

Adobe, Inc.*

     2,423        1,235,488  

Autodesk, Inc.*

     1,156        239,188  

Bentley Systems, Inc., Class B

     1,569        78,701  

Cadence Design Systems, Inc.*

     1,493        349,810  

Crowdstrike Holdings, Inc., Class A*

     1,336      223,620  

Datadog, Inc., Class A*

     1,681        153,122  

DocuSign, Inc.*

     1,090        45,780  

Dynatrace, Inc.*

     1,548        72,338  

Fair Isaac Corp.*

     134        116,383  

Fortinet, Inc.*

     4,274        250,798  

HubSpot, Inc.*

     265        130,513  

Intuit, Inc.

     1,487        759,768  

Microsoft Corp.

     18,475        5,833,481  

Palo Alto Networks, Inc.*

     1,641        384,716  

ServiceNow, Inc.*

     1,091        609,825  
     

 

 

 
Total Software

 

     10,483,531  
Specialized REITs – 0.5%

 

Public Storage

     935        246,391  
Specialty Retail – 2.6%

 

AutoZone, Inc.*

     99        251,459  

Lowe’s Cos., Inc.

     3,123        649,084  

O’Reilly Automotive, Inc.*

     330        299,924  

Tractor Supply Co.

     583        118,378  

Ulta Beauty, Inc.*

     259        103,458  
     

 

 

 
Total Specialty Retail

 

     1,422,303  
Technology Hardware, Storage & Peripherals – 12.2%

 

Apple, Inc.

     37,822        6,475,505  

Super Micro Computer, Inc.*

     292        80,072  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     6,555,577  
Textiles, Apparel & Luxury Goods – 0.1%

 

Deckers Outdoor Corp.*

     140        71,973  
TOTAL INVESTMENTS IN SECURITIES – 100.0%
(Cost: $51,328,013)

 

     53,957,769  

Other Assets less Liabilities – 0.0%

 

     21,262  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 53,979,031  
* 

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, 2023 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

   $ 53,957,769      $      $      $ 53,957,769  

Total Investments in Securities

   $ 53,957,769      $      $      $ 53,957,769  

 

See Notes to Financial Statements.

 

WisdomTree Trust      73  


Schedule of Investments (unaudited)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

United States – 99.0%

 

Aerospace & Defense – 0.8%

 

Cadre Holdings, Inc.(a)

     88,061      $ 2,346,826  

Kaman Corp.

     142,320        2,796,588  

Moog, Inc., Class A

     42,744        4,828,362  

National Presto Industries, Inc.(a)

     27,474        1,990,766  

Park Aerospace Corp.

     88,360        1,372,231  
     

 

 

 
Total Aerospace & Defense

 

     13,334,773  
Air Freight & Logistics – 0.1%

 

Forward Air Corp.

     37,472        2,575,825  
Automobile Components – 1.3%

 

Dana, Inc.

     318,287        4,669,270  

LCI Industries(a)

     82,041        9,633,254  

Patrick Industries, Inc.(a)

     73,129        5,489,063  

Standard Motor Products, Inc.

     79,535        2,673,967  
     

 

 

 
Total Automobile Components

 

     22,465,554  
Automobiles – 0.3%

 

Winnebago Industries, Inc.(a)

     80,316        4,774,786  
Banks – 12.6%

 

1st Source Corp.

     43,928        1,848,930  

Amalgamated Financial Corp.

     38,698        666,380  

Amerant Bancorp, Inc.(a)

     25,864        451,068  

Arrow Financial Corp.(a)

     27,043        460,265  

Atlantic Union Bankshares Corp.(a)

     137,376        3,953,681  

Banc of California, Inc.

     52,074        644,676  

BancFirst Corp.

     46,334        4,018,548  

Bank First Corp.(a)

     6,428        495,920  

Bank of Hawaii Corp.(a)

     78,978        3,924,417  

Bank of Marin Bancorp(a)

     14,861        271,659  

Bank7 Corp.

     22,823        513,746  

BankUnited, Inc.

     185,157        4,203,064  

Banner Corp.

     72,926        3,090,604  

Bar Harbor Bankshares

     18,925        447,198  

BCB Bancorp, Inc.

     38,375        427,497  

Berkshire Hills Bancorp, Inc.

     46,468        931,683  

Brookline Bancorp, Inc.

     256,516        2,336,861  

Business First Bancshares, Inc.

     22,558        423,188  

Byline Bancorp, Inc.

     38,654        761,870  

Cambridge Bancorp(a)

     15,918        991,532  

Camden National Corp.

     29,627        836,074  

Capital Bancorp, Inc.

     1,815        34,721  

Capital City Bank Group, Inc.

     21,799        650,264  

Capitol Federal Financial, Inc.(a)

     277,924        1,325,697  

Capstar Financial Holdings, Inc.

     21,505        305,156  

Cathay General Bancorp

     197,982        6,881,854  

Central Pacific Financial Corp.

     98,569        1,644,131  

CF Bankshares, Inc.

     2,590        43,823  

Citizens & Northern Corp.(a)

     46,676        819,164  

Citizens Community Bancorp, Inc.

     3,855        37,008  

City Holding Co.(a)

     34,888        3,152,131  

CNB Financial Corp.(a)

     24,079        436,071  

Colony Bankcorp, Inc.

     29,264      292,494  

Columbia Banking System, Inc.

     163,356        3,316,127  

Community Bank System, Inc.

     81,134        3,424,666  

Community Trust Bancorp, Inc.

     47,183        1,616,490  

ConnectOne Bancorp, Inc.

     40,136        715,625  

Dime Community Bancshares, Inc.

     75,912        1,515,204  

Eagle Bancorp Montana, Inc.

     4,268        50,448  

Eagle Bancorp, Inc.

     60,908        1,306,477  

Eastern Bankshares, Inc.

     197,142        2,472,161  

Enterprise Bancorp, Inc.

     16,504        451,880  

Enterprise Financial Services Corp.

     50,010        1,875,375  

Equity Bancshares, Inc., Class A

     6,591        158,645  

ESSA Bancorp, Inc.

     20,926        314,099  

Farmers National Banc Corp.

     94,768        1,095,518  

FB Financial Corp.

     38,102        1,080,573  

Fidelity D&D Bancorp, Inc.(a)

     4,700        213,380  

Financial Institutions, Inc.

     24,840        418,057  

First Bancorp

     47,383        1,333,358  

First Bancorp, Inc.

     36,395        855,282  

First Bancshares, Inc.

     18,179        490,288  

First Bank

     11,701        126,137  

First Busey Corp.

     91,582        1,760,206  

First Business Financial Services, Inc.

     9,589        287,766  

First Commonwealth Financial Corp.

     253,211        3,091,706  

First Community Bankshares, Inc.

     42,064        1,238,785  

First Community Corp.

     9,129        157,658  

First Financial Bancorp

     293,623        5,755,011  

First Financial Corp.

     19,937        674,070  

First Foundation, Inc.

     55,217        335,719  

First Hawaiian, Inc.

     311,564        5,623,730  

First Internet Bancorp

     7,415        120,197  

First Merchants Corp.

     90,678        2,522,662  

First Mid Bancshares, Inc.(a)

     14,811        393,380  

First National Corp.

     2,162        38,570  

First Northwest Bancorp

     8,654        106,185  

First of Long Island Corp.(a)

     26,832        308,836  

First Savings Financial Group, Inc.

     3,005        44,925  

Flushing Financial Corp.

     42,543        558,590  

FS Bancorp, Inc.

     12,713        375,033  

Fulton Financial Corp.

     497,177        6,020,813  

German American Bancorp, Inc.

     43,711        1,184,131  

Great Southern Bancorp, Inc.

     17,550        840,996  

Greene County Bancorp, Inc.

     20,813        500,553  

Guaranty Bancshares, Inc.

     21,619        620,249  

Hanmi Financial Corp.

     81,877        1,328,864  

HarborOne Bancorp, Inc.(a)

     25,143        239,361  

Hawthorn Bancshares, Inc.(a)

     7,500        121,875  

HBT Financial, Inc.

     78,142        1,425,310  

Heartland Financial USA, Inc.

     78,066        2,297,482  

Heritage Commerce Corp.

     109,316        925,907  

Heritage Financial Corp.

     44,979        733,607  

Hilltop Holdings, Inc.

     64,339        1,824,654  

Hingham Institution for Savings(a)

     1,842        343,994  

Home Bancorp, Inc.

     14,437        460,107  

 

See Notes to Financial Statements.

 

74   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2023

 

 

 

Investments    Shares      Value  

HomeStreet, Inc.

     29,732      $ 231,612  

HomeTrust Bancshares, Inc.

     15,954        345,723  

Hope Bancorp, Inc.

     265,319        2,348,073  

Horizon Bancorp, Inc.

     53,660        573,089  

Independent Bank Corp.

     55,291        1,014,037  

Independent Bank Group, Inc.

     50,113        1,981,969  

International Bancshares Corp.

     136,758        5,927,092  

Investar Holding Corp.

     2,908        30,796  

Kearny Financial Corp.(a)

     71,778        497,422  

Lakeland Bancorp, Inc.

     85,395        1,077,685  

Lakeland Financial Corp.

     40,409        1,917,811  

Live Oak Bancshares, Inc.(a)

     41,582        1,203,799  

Macatawa Bank Corp.

     91,774        822,295  

Mercantile Bank Corp.

     25,377        784,403  

Meridian Corp.

     15,068        147,591  

Metrocity Bankshares, Inc.(a)

     53,874        1,060,240  

Mid Penn Bancorp, Inc.

     17,201        346,256  

Middlefield Banc Corp.

     10,469        266,017  

Midland States Bancorp, Inc.

     62,756        1,289,008  

MidWestOne Financial Group, Inc.

     27,867        566,536  

MVB Financial Corp.

     18,168        410,233  

National Bank Holdings Corp., Class A

     40,264        1,198,257  

NBT Bancorp, Inc.(a)

     103,815        3,289,897  

Northeast Bank (a)

     4,963        218,868  

Northeast Community Bancorp, Inc.

     19,367        285,857  

Northfield Bancorp, Inc.

     67,444        637,346  

Northrim Bancorp, Inc.

     15,397        610,029  

Northwest Bancshares, Inc.

     360,566        3,688,590  

OceanFirst Financial Corp.

     89,297        1,292,128  

Ohio Valley Banc Corp.

     1,242        30,367  

Old Second Bancorp, Inc.

     23,804        323,972  

OP Bancorp

     40,220        368,013  

Orange County Bancorp, Inc.

     4,092        176,652  

Origin Bancorp, Inc.(a)

     28,651        827,154  

Orrstown Financial Services, Inc.

     26,314        552,857  

Pacific Premier Bancorp, Inc.

     317,750        6,914,240  

PacWest Bancorp

     293,809        2,324,029  

Park National Corp.

     39,090        3,694,787  

Partners Bancorp

     5,522        42,796  

Pathward Financial, Inc.

     26,899        1,239,775  

PCB Bancorp(a)

     35,910        554,809  

Peapack-Gladstone Financial Corp.(a)

     9,237        236,929  

Peoples Bancorp of North Carolina, Inc.

     9,048        203,399  

Peoples Bancorp, Inc.

     113,873        2,890,097  

Peoples Financial Services Corp.

     11,841        474,824  

Plumas Bancorp

     7,250        247,515  

Preferred Bank

     22,867        1,423,471  

Premier Financial Corp.

     67,305        1,148,223  

Primis Financial Corp.(a)

     64,427        525,080  

Princeton Bancorp, Inc.

     8,291        240,356  

Provident Bancorp, Inc.*

     25,817        250,167  

Provident Financial Services, Inc.

     182,402        2,788,927  

QCR Holdings, Inc.(a)

     14,095        683,889  

RBB Bancorp

     34,888        445,869  

Red River Bancshares, Inc.(a)

     3,281      150,795  

Renasant Corp.

     65,729        1,721,443  

Republic Bancorp, Inc., Class A(a)

     33,046        1,455,676  

S&T Bancorp, Inc.

     105,634        2,860,569  

Sandy Spring Bancorp, Inc.

     86,368        1,850,866  

Seacoast Banking Corp. of Florida

     65,030        1,428,059  

Shore Bancshares, Inc.(a)

     19,864        208,969  

Simmons First National Corp., Class A

     255,779        4,338,012  

SmartFinancial, Inc.

     4,674        99,883  

South Plains Financial, Inc.

     14,489        383,089  

Southern Missouri Bancorp, Inc.

     13,955        539,919  

Southern States Bancshares, Inc.

     2,722        61,490  

Southside Bancshares, Inc.

     97,252        2,791,132  

Stellar Bancorp, Inc.

     47,832        1,019,778  

Stock Yards Bancorp, Inc.

     43,193        1,697,053  

Summit State Bank

     3,224        53,099  

Timberland Bancorp, Inc.

     17,357        470,375  

Tompkins Financial Corp.

     27,331        1,338,946  

Towne Bank

     103,654        2,376,786  

TriCo Bancshares

     52,394        1,678,180  

TrustCo Bank Corp.

     28,426        775,746  

Trustmark Corp.

     87,544        1,902,331  

Unity Bancorp, Inc.

     6,162        144,376  

Univest Financial Corp.

     48,366        840,601  

Veritex Holdings, Inc.

     66,839        1,199,760  

Washington Federal, Inc.

     153,462        3,931,696  

Washington Trust Bancorp, Inc.

     53,150        1,399,439  

WesBanco, Inc.

     115,176        2,812,598  

West BanCorp, Inc.(a)

     47,341        772,132  

Westamerica BanCorp

     60,758        2,627,783  

WSFS Financial Corp.

     55,333        2,019,654  
     

 

 

 
Total Banks

 

     220,033,188  
Beverages – 0.1%

 

MGP Ingredients, Inc.

     20,665        2,179,744  
Broadline Retail – 0.4%

 

Nordstrom, Inc.(a)

     474,440        7,088,134  
Building Products – 1.3%

 

Apogee Enterprises, Inc.

     74,416        3,503,505  

Armstrong World Industries, Inc.

     58,820        4,235,040  

AZZ, Inc.

     63,668        2,901,987  

CSW Industrials, Inc.

     20,659        3,620,283  

Griffon Corp.

     91,862        3,644,166  

Insteel Industries, Inc.

     55,773        1,810,392  

Quanex Building Products Corp.

     107,108        3,017,232  
     

 

 

 
Total Building Products

 

     22,732,605  
Capital Markets – 3.9%

 

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

     260,023        9,730,061  

Associated Capital Group, Inc., Class A

     1,339        48,873  

BGC Group, Inc., Class A

     280,715        1,482,175  

Bridge Investment Group Holdings, Inc., Class A

     148,707        1,368,104  

Brightsphere Investment Group, Inc.

     40,933        793,691  

 

See Notes to Financial Statements.

 

WisdomTree Trust      75  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Cohen & Steers, Inc.

     138,706      $ 8,695,479  

Diamond Hill Investment Group, Inc.

     2,960        498,967  

Federated Hermes, Inc.

     220,549        7,469,995  

Greenhill & Co., Inc.

     14,941        221,127  

Hamilton Lane, Inc., Class A

     43,033        3,891,905  

Moelis & Co., Class A(a)

     216,137        9,754,263  

Oppenheimer Holdings, Inc., Class A

     15,199        582,274  

Piper Sandler Cos.

     17,911        2,602,647  

PJT Partners, Inc., Class A

     19,614        1,558,136  

Silvercrest Asset Management Group, Inc., Class A

     22,295        353,822  

StepStone Group, Inc., Class A

     81,824        2,584,002  

TPG, Inc.(a)

     126,107        3,798,343  

Value Line, Inc.

     12,349        539,898  

Victory Capital Holdings, Inc., Class A

     196,410        6,548,309  

Virtu Financial, Inc., Class A

     236,864        4,090,641  

Virtus Investment Partners, Inc.

     11,298        2,282,083  
     

 

 

 
Total Capital Markets

 

     68,894,795  
Chemicals – 3.9%

 

AdvanSix, Inc.

     65,791        2,044,784  

American Vanguard Corp.

     71,289        779,189  

Avient Corp.

     212,452        7,503,805  

Chase Corp.

     25,033        3,184,949  

FutureFuel Corp.

     222,743        1,597,067  

Hawkins, Inc.

     65,310        3,843,493  

Innospec, Inc.

     41,848        4,276,866  

Koppers Holdings, Inc.

     58,315        2,306,358  

Kronos Worldwide, Inc.(a)

     573,067        4,441,269  

Mativ Holdings, Inc.(a)

     280,849        4,004,907  

Minerals Technologies, Inc.

     34,597        1,894,532  

NewMarket Corp.

     21,481        9,774,714  

Northern Technologies International Corp.

     33,109        442,667  

Quaker Chemical Corp.

     19,234        3,077,440  

Scotts Miracle-Gro Co.(a)

     199,423        10,306,181  

Sensient Technologies Corp.

     80,198        4,689,979  

Stepan Co.(a)

     33,757        2,530,762  

Valhi, Inc.

     93,739        1,242,979  
     

 

 

 
Total Chemicals

 

     67,941,941  
Commercial Services & Supplies – 3.7%

 

ABM Industries, Inc.

     110,472        4,419,985  

ACCO Brands Corp.

     507,739        2,914,422  

ARC Document Solutions, Inc.

     193,765        616,173  

Aris Water Solutions, Inc., Class A(a)

     127,485        1,272,300  

Brady Corp., Class A

     119,640        6,570,629  

Brink’s Co.

     64,554        4,689,203  

CompX International, Inc.

     26,907        500,201  

Deluxe Corp.

     237,285        4,482,314  

Ennis, Inc.

     169,597        3,598,848  

HNI Corp.

     208,899        7,234,172  

Interface, Inc.

     160,076        1,570,346  

Matthews International Corp., Class A

     104,336        4,059,714  

MillerKnoll, Inc.

     420,643        10,284,721  

NL Industries, Inc.

     113,386        538,583  

Pitney Bowes, Inc.(a)

     891,944      2,693,671  

Steelcase, Inc., Class A

     478,995        5,350,374  

UniFirst Corp.

     14,451        2,355,657  

VSE Corp.(a)

     37,186        1,875,662  
     

 

 

 
Total Commercial Services & Supplies

 

     65,026,975  
Communications Equipment – 0.2%

 

ADTRAN Holdings, Inc.

     168,650        1,387,990  

Comtech Telecommunications Corp.

     142,111        1,243,471  
     

 

 

 
Total Communications Equipment

 

     2,631,461  
Construction & Engineering – 0.7%

 

Arcosa, Inc.

     38,913        2,797,845  

Argan, Inc.

     63,244        2,878,867  

Granite Construction, Inc.

     85,172        3,238,239  

Primoris Services Corp.

     112,952        3,696,919  
     

 

 

 
Total Construction & Engineering

 

     12,611,870  
Construction Materials – 0.1%

 

U.S. Lime & Minerals, Inc.

     11,696        2,350,896  
Consumer Finance – 0.5%

 

Bread Financial Holdings, Inc.(a)

     44,146        1,509,793  

Navient Corp.

     285,811        4,921,666  

Nelnet, Inc., Class A

     21,006        1,876,256  

Regional Management Corp.

     17,809        492,953  
     

 

 

 
Total Consumer Finance

 

     8,800,668  
Consumer Staples Distribution & Retail – 1.0%

 

Andersons, Inc.

     88,546        4,561,004  

Ingles Markets, Inc., Class A(a)

     22,829        1,719,709  

Natural Grocers by Vitamin Cottage, Inc.

     125,909        1,625,485  

PriceSmart, Inc.

     46,704        3,476,179  

SpartanNash Co.

     119,990        2,639,780  

Village Super Market, Inc., Class A

     54,133        1,225,571  

Weis Markets, Inc.

     47,996        3,023,748  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     18,271,476  
Containers & Packaging – 1.2%

 

Greif, Inc., Class A

     190,128        12,702,451  

Myers Industries, Inc.

     141,118        2,530,246  

Pactiv Evergreen, Inc.

     490,490        3,987,684  

TriMas Corp.

     65,476        1,621,186  
     

 

 

 
Total Containers & Packaging

 

     20,841,567  
Distributors – 0.1%

 

Weyco Group, Inc.(a)

     46,014        1,166,455  
Diversified Consumer Services – 0.6%

 

Carriage Services, Inc.(a)

     76,588        2,163,611  

Graham Holdings Co., Class B

     5,375        3,133,625  

Strategic Education, Inc.

     68,464        5,151,916  
     

 

 

 
Total Diversified Consumer Services

 

     10,449,152  
Diversified REITs – 1.1%

 

Alexander & Baldwin, Inc.

     40,966        685,361  

Alpine Income Property Trust, Inc.(a)

     21,030        344,051  

American Assets Trust, Inc.

     46,811        910,474  

Armada Hoffler Properties, Inc.

     65,691        672,676  

 

See Notes to Financial Statements.

 

76   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Broadstone Net Lease, Inc.

     364,891      $ 5,217,941  

CTO Realty Growth, Inc.

     55,419        898,342  

Empire State Realty Trust, Inc., Class A

     172,196        1,384,456  

Essential Properties Realty Trust, Inc.

     374,772        8,106,318  

Gladstone Commercial Corp.(a)

     78,606        955,849  

One Liberty Properties, Inc.

     42,884        809,221  
     

 

 

 
Total Diversified REITs

 

     19,984,689  
Diversified Telecommunication Services – 1.0%

 

ATN International, Inc.

     45,620        1,439,767  

Cogent Communications Holdings, Inc.

     254,797        15,771,935  
     

 

 

 
Total Diversified Telecommunication Services

 

     17,211,702  
Electric Utilities – 1.0%

 

Genie Energy Ltd., Class B

     96,303        1,418,543  

MGE Energy, Inc.

     75,973        5,204,910  

Otter Tail Corp.(a)

     143,857        10,921,624  
     

 

 

 
Total Electric Utilities

 

     17,545,077  
Electrical Equipment – 1.1%

 

Allient, Inc.

     41,918        1,296,105  

Encore Wire Corp.

     14,772        2,695,299  

EnerSys

     44,198        4,184,225  

LSI Industries, Inc.

     145,846        2,316,034  

Powell Industries, Inc.

     60,525        5,017,522  

Preformed Line Products Co.

     19,401        3,154,215  
     

 

 

 
Total Electrical Equipment

 

     18,663,400  
Electronic Equipment, Instruments & Components – 1.9%

 

Advanced Energy Industries, Inc.

     31,916        3,291,178  

Badger Meter, Inc.

     34,764        5,001,497  

Bel Fuse, Inc., Class B

     49,930        2,382,660  

Belden, Inc.

     36,774        3,550,530  

Benchmark Electronics, Inc.

     103,439        2,509,430  

Climb Global Solutions, Inc.

     18,350        789,233  

CTS Corp.

     48,814        2,037,496  

Methode Electronics, Inc.

     61,800        1,412,130  

Richardson Electronics Ltd.(a)

     58,012        634,071  

Vishay Intertechnology, Inc.(a)

     300,741        7,434,318  

Vontier Corp.

     144,562        4,469,857  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     33,512,400  
Energy Equipment & Services – 1.4%

 

Archrock, Inc.

     801,450        10,098,270  

Cactus, Inc., Class A

     76,599        3,846,036  

Liberty Energy, Inc.

     160,072        2,964,533  

RPC, Inc.(a)

     301,431        2,694,793  

Select Water Solutions, Inc.

     358,871        2,853,025  

Solaris Oilfield Infrastructure, Inc., Class A

     187,537        1,999,144  
     

 

 

 
Total Energy Equipment & Services

 

     24,455,801  
Entertainment – 0.3%

 

Marcus Corp.(a)

     123,455        1,913,553  

TKO Group Holdings, Inc.

     46,539        3,912,068  
     

 

 

 
Total Entertainment

 

     5,825,621  
Financial Services – 2.6%

 

A-Mark Precious Metals, Inc.

     18,576        544,834  

Alerus Financial Corp.

     26,235      476,952  

Cass Information Systems, Inc.(a)

     66,306        2,469,899  

Federal Agricultural Mortgage Corp., Class C

     20,649        3,186,141  

Jackson Financial, Inc., Class A

     316,382        12,092,120  

Merchants Bancorp

     45,088        1,249,839  

PennyMac Financial Services, Inc.

     53,384        3,555,374  

Radian Group, Inc.

     627,599        15,759,011  

UWM Holdings Corp.

     340,353        1,650,712  

Walker & Dunlop, Inc.

     49,884        3,703,388  
     

 

 

 
Total Financial Services

 

     44,688,270  
Food Products – 1.5%

 

Alico, Inc.

     30,731        767,046  

Cal-Maine Foods, Inc.(a)

     231,296        11,199,352  

Calavo Growers, Inc.

     79,703        2,010,907  

J & J Snack Foods Corp.

     31,327        5,126,664  

John B Sanfilippo & Son, Inc.

     26,129        2,581,545  

Limoneira Co.

     86,886        1,331,094  

Tootsie Roll Industries, Inc.

     68,047        2,031,883  

Utz Brands, Inc.(a)

     141,680        1,902,762  
     

 

 

 
Total Food Products

 

     26,951,253  
Gas Utilities – 0.6%

 

Chesapeake Utilities Corp.

     43,676        4,269,329  

Northwest Natural Holding Co.

     167,985        6,410,308  

RGC Resources, Inc.

     32,553        563,167  
     

 

 

 
Total Gas Utilities

 

     11,242,804  
Ground Transportation – 1.1%

 

ArcBest Corp.

     28,633        2,910,544  

Covenant Logistics Group, Inc.

     48,670        2,134,180  

Heartland Express, Inc.

     110,523        1,623,583  

Marten Transport Ltd.

     164,701        3,246,257  

Schneider National, Inc., Class B

     180,964        5,010,893  

Universal Logistics Holdings, Inc.(a)

     78,277        1,971,015  

Werner Enterprises, Inc.

     78,599        3,061,431  
     

 

 

 
Total Ground Transportation

 

     19,957,903  
Health Care Equipment & Supplies – 0.7%

 

Atrion Corp.

     3,951        1,632,435  

CONMED Corp.

     36,135        3,644,215  

Embecta Corp.

     146,057        2,198,158  

LeMaitre Vascular, Inc.

     55,345        3,015,195  

Utah Medical Products, Inc.

     12,895        1,108,970  
     

 

 

 
Total Health Care Equipment & Supplies

 

     11,598,973  
Health Care Providers & Services – 1.4%

 

National HealthCare Corp.

     60,615        3,878,148  

National Research Corp.

     64,765        2,873,623  

Patterson Cos., Inc.

     306,249        9,077,220  

Select Medical Holdings Corp.

     229,921        5,810,104  

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

     32,163        2,950,312  
     

 

 

 
Total Health Care Providers & Services

 

     24,589,407  
Health Care REITs – 1.6%

 

CareTrust REIT, Inc.

     85,740        1,757,670  

Community Healthcare Trust, Inc.

     34,997        1,039,411  

 

See Notes to Financial Statements.

 

WisdomTree Trust      77  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Global Medical REIT, Inc.(a)

     53,283      $ 477,949  

LTC Properties, Inc.(a)

     76,923        2,471,536  

National Health Investors, Inc.

     70,353        3,613,330  

Physicians Realty Trust

     499,285        6,086,284  

Sabra Health Care REIT, Inc.

     900,084        12,547,171  

Universal Health Realty Income Trust

     12,442        503,030  
     

 

 

 
Total Health Care REITs

 

     28,496,381  
Health Care Technology – 0.1%

 

Simulations Plus, Inc.(a)

     44,269        1,846,017  
Hotel & Resort REITs – 0.8%

 

DiamondRock Hospitality Co.

     190,660        1,531,000  

Park Hotels & Resorts, Inc.

     216,056        2,661,810  

Pebblebrook Hotel Trust

     128,900        1,751,751  

RLJ Lodging Trust

     157,766        1,544,529  

Service Properties Trust

     343,521        2,641,676  

Summit Hotel Properties, Inc.

     109,171        633,192  

Sunstone Hotel Investors, Inc.

     187,509        1,753,209  

Xenia Hotels & Resorts, Inc.

     105,095        1,238,019  
     

 

 

 
Total Hotel & Resort REITs

 

     13,755,186  
Hotels, Restaurants & Leisure – 3.0%

 

Bloomin’ Brands, Inc.(a)

     298,050        7,329,049  

Bluegreen Vacations Holding Corp.(a)

     82,238        3,016,490  

Canterbury Park Holding Corp.

     18,392        372,070  

Cheesecake Factory, Inc.(a)

     158,349        4,797,975  

Cracker Barrel Old Country Store, Inc.

     93,958        6,313,977  

Dine Brands Global, Inc.

     51,213        2,532,483  

Jack in the Box, Inc.

     57,721        3,986,212  

Krispy Kreme, Inc.(a)

     206,763        2,578,335  

Nathan’s Famous, Inc.

     18,433        1,302,476  

Papa John’s International, Inc.(a)

     64,367        4,391,117  

RCI Hospitality Holdings, Inc.(a)

     19,235        1,166,795  

Red Rock Resorts, Inc., Class A(a)

     124,723        5,113,643  

Travel & Leisure Co.

     257,293        9,450,372  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     52,350,994  
Household Durables – 2.4%

 

Bassett Furniture Industries, Inc.

     45,431        665,564  

Century Communities, Inc.

     79,676        5,320,763  

Ethan Allen Interiors, Inc.

     150,869        4,510,983  

Hamilton Beach Brands Holding Co., Class A

     44,616        553,685  

Hooker Furnishings Corp.

     67,901        1,320,675  

Installed Building Products, Inc.

     45,087        5,630,915  

KB Home

     143,043        6,620,030  

La-Z-Boy, Inc.

     140,569        4,340,771  

Lifetime Brands, Inc.

     99,338        559,273  

MDC Holdings, Inc.

     321,236        13,244,560  
     

 

 

 
Total Household Durables

 

     42,767,219  
Household Products – 1.2%

 

Energizer Holdings, Inc.

     199,002        6,376,024  

Oil-Dri Corp. of America

     27,314        1,686,640  

Spectrum Brands Holdings, Inc.

     95,403        7,474,825  

WD-40 Co.

     24,300        4,938,732  
     

 

 

 
Total Household Products

 

     20,476,221  
Industrial REITs – 0.4%

 

Innovative Industrial Properties, Inc.

     53,201      4,025,188  

LXP Industrial Trust

     274,319        2,441,439  

Plymouth Industrial REIT, Inc.

     34,775        728,536  
     

 

 

 
Total Industrial REITs

 

     7,195,163  
Insurance – 1.6%

 

American Equity Investment Life Holding Co.*

     71,620        3,841,697  

AMERISAFE, Inc.

     25,710        1,287,300  

CNO Financial Group, Inc.

     236,886        5,621,305  

Donegal Group, Inc., Class A(a)

     78,339        1,116,722  

Employers Holdings, Inc.

     28,463        1,137,097  

Horace Mann Educators Corp.

     67,194        1,974,160  

Mercury General Corp.

     103,685        2,906,291  

National Western Life Group, Inc., Class A(a)

     3,084        1,349,219  

Safety Insurance Group, Inc.

     48,545        3,310,283  

Stewart Information Services Corp.

     94,654        4,145,845  

Tiptree, Inc.

     59,200        992,192  

United Fire Group, Inc.

     27,929        551,598  
     

 

 

 
Total Insurance

 

     28,233,709  
Interactive Media & Services – 0.2%

 

Shutterstock, Inc.

     71,580        2,723,619  
IT Services – 0.2%

 

Hackett Group, Inc.

     120,402        2,840,283  

Information Services Group, Inc.

     250,088        1,095,386  
     

 

 

 
Total IT Services

 

     3,935,669  
Leisure Products – 0.9%

 

Acushnet Holdings Corp.

     101,784        5,398,623  

Escalade, Inc.

     71,996        1,102,259  

Johnson Outdoors, Inc., Class A

     40,097        2,192,905  

Marine Products Corp.(a)

     90,921        1,291,987  

Smith & Wesson Brands, Inc.

     228,358        2,948,102  

Sturm Ruger & Co., Inc.

     56,824        2,961,667  
     

 

 

 
Total Leisure Products

 

     15,895,543  
Life Sciences Tools & Services – 0.2%

 

Bio-Techne Corp.

     32,819        2,233,989  

Mesa Laboratories, Inc.(a)

     9,972        1,047,758  
     

 

 

 
Total Life Sciences Tools & Services

 

     3,281,747  
Machinery – 5.7%

 

Alamo Group, Inc.

     15,792        2,729,805  

Albany International Corp., Class A

     35,887        3,096,330  

Astec Industries, Inc.

     52,433        2,470,119  

Barnes Group, Inc.

     87,272        2,964,630  

Columbus McKinnon Corp.

     66,853        2,333,838  

Douglas Dynamics, Inc.

     80,137        2,418,535  

Eastern Co.

     18,265        331,510  

Enerpac Tool Group Corp.

     69,622        1,840,109  

EnPro Industries, Inc.

     32,368        3,922,678  

Esab Corp.

     49,185        3,453,771  

ESCO Technologies, Inc.

     22,943        2,396,167  

Federal Signal Corp.

     67,874        4,054,114  

Gorman-Rupp Co.

     99,733        3,281,216  

 

See Notes to Financial Statements.

 

78   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Graham Corp.*

     51,496      $ 854,834  

Greenbrier Cos., Inc.(a)

     104,702        4,188,080  

Helios Technologies, Inc.

     46,908        2,602,456  

Hillenbrand, Inc.

     144,566        6,116,587  

Hurco Cos., Inc.

     29,585        663,591  

Hyster-Yale Materials Handling, Inc.

     64,888        2,892,707  

John Bean Technologies Corp.

     28,148        2,959,481  

Kadant, Inc.

     13,553        3,056,879  

Kennametal, Inc.

     221,463        5,509,999  

Lindsay Corp.

     17,567        2,067,285  

Miller Industries, Inc.

     59,608        2,337,230  

Mueller Water Products, Inc., Class A(a)

     343,624        4,357,152  

Omega Flex, Inc.

     22,829        1,797,327  

Park-Ohio Holdings Corp.

     70,138        1,396,448  

REV Group, Inc.

     166,293        2,660,688  

Shyft Group, Inc.

     80,497        1,205,040  

Standex International Corp.

     27,226        3,966,556  

Tennant Co.

     45,461        3,370,933  

Terex Corp.

     83,980        4,838,928  

Trinity Industries, Inc.

     219,955        5,355,904  

Wabash National Corp.

     127,926        2,701,797  
     

 

 

 
Total Machinery

 

     100,192,724  
Marine Transportation – 0.4%

 

Matson, Inc.

     75,085        6,661,541  
Media – 0.8%

 

Entravision Communications Corp., Class A

     322,038        1,175,439  

Gray Television, Inc.

     291,172        2,014,910  

John Wiley & Sons, Inc., Class A

     123,877        4,604,508  

Saga Communications, Inc., Class A

     21,969        471,455  

Scholastic Corp.

     81,205        3,097,159  

Sinclair, Inc.(a)

     260,971        2,928,094  
     

 

 

 
Total Media

 

     14,291,565  
Metals & Mining – 3.9%

 

Alpha Metallurgical Resources, Inc.

     25,354        6,585,194  

Arch Resources, Inc.

     98,197        16,758,300  

Carpenter Technology Corp.

     96,541        6,488,521  

Compass Minerals International, Inc.(a)

     63,018        1,761,353  

Haynes International, Inc.(a)

     51,586        2,399,781  

Hecla Mining Co.(a)

     533,995        2,087,921  

Kaiser Aluminum Corp.(a)

     54,163        4,076,307  

Materion Corp.

     26,877        2,739,035  

Olympic Steel, Inc.

     49,456        2,779,922  

Ramaco Resources, Inc., Class A

     232,943        2,560,044  

Ryerson Holding Corp.

     101,577        2,954,875  

Schnitzer Steel Industries, Inc., Class A

     86,832        2,418,271  

SunCoke Energy, Inc.

     455,801        4,626,380  

Warrior Met Coal, Inc.

     73,354        3,746,922  

Worthington Industries, Inc.

     99,471        6,149,297  
     

 

 

 
Total Metals & Mining

 

     68,132,123  
Multi-Utilities – 1.1%

 

Avista Corp.

     232,406        7,522,982  

Northwestern Energy Group, Inc.

     188,212        9,045,469  

Unitil Corp.

     74,568      3,184,799  
     

 

 

 
Total Multi-Utilities

 

     19,753,250  
Office REITs – 1.6%

 

COPT Defense Properties

     93,519        2,228,558  

Douglas Emmett, Inc.

     432,403        5,517,462  

Easterly Government Properties, Inc.(a)

     75,956        868,177  

Highwoods Properties, Inc.

     271,493        5,595,471  

Hudson Pacific Properties, Inc.(a)

     279,490        1,858,609  

JBG SMITH Properties(a)

     105,800        1,529,868  

Orion Office REIT, Inc.

     77,573        404,155  

Paramount Group, Inc.

     203,361        939,528  

SL Green Realty Corp.

     252,947        9,434,923  
     

 

 

 
Total Office REITs

 

     28,376,751  
Oil, Gas & Consumable Fuels – 5.4%

 

Berry Corp.

     461,648        3,785,514  

California Resources Corp.

     223,884        12,539,743  

CONSOL Energy, Inc.

     196,468        20,611,458  

Crescent Energy Co., Class A

     247,609        3,129,778  

Delek U.S. Holdings, Inc.

     196,012        5,568,701  

Evolution Petroleum Corp.(a)

     186,343        1,274,586  

Excelerate Energy, Inc., Class A

     59,832        1,019,537  

HighPeak Energy, Inc.(a)

     109,161        1,842,638  

Kinetik Holdings, Inc.(a)

     226,543        7,645,826  

NACCO Industries, Inc., Class A

     29,818        1,045,717  

Northern Oil & Gas, Inc.

     214,118        8,613,967  

Permian Resources Corp.(a)

     545,315        7,612,597  

PHX Minerals, Inc.(a)

     178,641        650,253  

Riley Exploration Permian, Inc.

     118,511        3,767,465  

Sitio Royalties Corp., Class A(a)

     414,557        10,036,425  

VAALCO Energy, Inc.(a)

     567,470        2,491,193  

World Kinect Corp.

     144,121        3,232,634  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     94,868,032  
Paper & Forest Products – 0.3%

 

Sylvamo Corp.

     106,377        4,674,205  
Personal Care Products – 1.2%

 

Edgewell Personal Care Co.(a)

     85,931        3,176,010  

Inter Parfums, Inc.

     78,049        10,485,103  

Medifast, Inc.

     52,327        3,916,676  

Nu Skin Enterprises, Inc., Class A

     155,969        3,308,102  
     

 

 

 
Total Personal Care Products

 

     20,885,891  
Pharmaceuticals – 0.1%

 

Phibro Animal Health Corp., Class A

     115,071        1,469,457  
Professional Services – 1.7%

 

Barrett Business Services, Inc.

     21,973        1,982,844  

BGSF, Inc.

     48,502        466,104  

CRA International, Inc.

     22,927        2,310,124  

CSG Systems International, Inc.(a)

     88,637        4,531,123  

Heidrick & Struggles International, Inc.

     82,088        2,053,842  

HireQuest, Inc.

     21,801        336,389  

ICF International, Inc.

     19,401        2,343,835  

Kelly Services, Inc., Class A

     130,378        2,371,576  

 

See Notes to Financial Statements.

 

WisdomTree Trust      79  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Kforce, Inc.(a)

     72,056      $ 4,298,861  

Korn Ferry

     81,797        3,880,450  

Resources Connection, Inc.

     163,975        2,444,867  

TTEC Holdings, Inc.

     97,621        2,559,623  
     

 

 

 
Total Professional Services

 

     29,579,638  
Real Estate Management & Development – 0.6%

 

eXp World Holdings, Inc.(a)

     142,110        2,307,866  

Kennedy-Wilson Holdings, Inc.

     176,826        2,606,415  

Marcus & Millichap, Inc.(a)

     34,579        1,014,548  

Newmark Group, Inc., Class A

     146,678        943,140  

St. Joe Co.

     51,449        2,795,224  
     

 

 

 
Total Real Estate Management & Development

 

     9,667,193  
Residential REITs – 0.3%

 

BRT Apartments Corp.

     42,065        726,463  

Centerspace

     11,698        704,921  

Elme Communities

     78,833        1,075,282  

NexPoint Residential Trust, Inc.

     25,541        821,909  

UMH Properties, Inc.

     84,332        1,182,335  
     

 

 

 
Total Residential REITs

 

     4,510,910  
Retail REITs – 1.3%

 

Alexander’s, Inc.(a)

     11,207        2,042,252  

CBL & Associates Properties, Inc.

     24,056        504,695  

Getty Realty Corp.

     74,011        2,052,325  

InvenTrust Properties Corp.

     59,228        1,410,219  

Macerich Co.

     281,950        3,076,074  

NETSTREIT Corp.

     51,360        800,189  

Retail Opportunity Investments Corp.

     116,741        1,445,253  

RPT Realty

     67,399        711,733  

Saul Centers, Inc.

     29,230        1,030,942  

SITE Centers Corp.

     349,673        4,311,468  

Tanger Factory Outlet Centers, Inc.

     151,341        3,420,307  

Urban Edge Properties

     93,438        1,425,864  

Whitestone REIT

     84,621        814,900  
     

 

 

 
Total Retail REITs

 

     23,046,221  
Semiconductors & Semiconductor Equipment – 0.1%

 

NVE Corp.(a)

     26,798        2,201,188  
Software – 1.3%

 

A10 Networks, Inc.

     167,640        2,519,629  

Adeia, Inc.

     266,961        2,851,144  

American Software, Inc., Class A

     166,814        1,911,688  

Ebix, Inc.(a)

     115,316        1,139,322  

InterDigital, Inc.

     85,285        6,843,268  

Pegasystems, Inc.

     72,807        3,160,552  

Progress Software Corp.

     79,151        4,161,760  
     

 

 

 
Total Software

 

     22,587,363  
Specialized REITs – 1.6%

 

EPR Properties

     395,948        16,447,680  

Farmland Partners, Inc.

     32,958        338,149  

Four Corners Property Trust, Inc.

     185,253        4,110,764  

Gladstone Land Corp.(a)

     38,355        545,792  

Outfront Media, Inc.(a)

     382,024        3,858,442  

Safehold, Inc.

     64,331      1,145,092  

Uniti Group, Inc.

     436,727        2,061,351  
     

 

 

 
Total Specialized REITs

 

     28,507,270  
Specialty Retail – 3.2%

 

Aaron’s Co., Inc.

     158,985        1,664,573  

Arko Corp.

     260,158        1,860,130  

Big 5 Sporting Goods Corp.

     147,167        1,031,641  

Buckle, Inc.

     197,953        6,609,651  

Caleres, Inc.(a)

     100,454        2,889,057  

Camping World Holdings, Inc., Class A(a)

     234,766        4,791,574  

Cato Corp., Class A

     68,768        526,763  

Designer Brands, Inc., Class A

     225,554        2,855,513  

Group 1 Automotive, Inc.

     15,011        4,033,606  

Guess?, Inc.

     230,612        4,990,444  

Haverty Furniture Cos., Inc.

     76,826        2,211,052  

Hibbett, Inc.(a)

     40,442        1,921,399  

Monro, Inc.

     83,657        2,323,155  

PetMed Express, Inc.

     118,688        1,216,552  

Shoe Carnival, Inc.

     90,355        2,171,230  

Sonic Automotive, Inc., Class A

     65,543        3,130,334  

Upbound Group, Inc.

     279,672        8,236,340  

Winmark Corp.

     9,916        3,699,957  
     

 

 

 
Total Specialty Retail

 

     56,162,971  
Technology Hardware, Storage & Peripherals – 0.7%

 

Immersion Corp.

     148,124        979,100  

Xerox Holdings Corp.

     698,809        10,964,313  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     11,943,413  
Textiles, Apparel & Luxury Goods – 2.1%

 

Carter’s, Inc.(a)

     121,110        8,374,757  

Kontoor Brands, Inc.

     193,764        8,508,177  

Levi Strauss & Co., Class A(a)

     277,160        3,763,833  

Movado Group, Inc.

     83,701        2,289,222  

Oxford Industries, Inc.

     44,480        4,275,862  

Rocky Brands, Inc.(a)

     37,782        555,395  

Steven Madden Ltd.(a)

     164,079        5,212,790  

Superior Group of Cos., Inc.

     90,053        700,612  

Wolverine World Wide, Inc.

     339,924        2,739,788  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     36,420,436  
Tobacco – 0.9%

 

Turning Point Brands, Inc.

     84,232        1,944,917  

Universal Corp.

     120,100        5,669,921  

Vector Group Ltd.

     807,825        8,595,258  
     

 

 

 
Total Tobacco

 

     16,210,096  
Trading Companies & Distributors – 2.0%

 

Alta Equipment Group, Inc.(a)

     160,498        1,935,606  

Boise Cascade Co.

     53,264        5,488,323  

Global Industrial Co.

     130,174        4,360,829  

H&E Equipment Services, Inc.

     106,867        4,615,586  

McGrath RentCorp

     55,917        5,605,120  

Rush Enterprises, Inc., Class A

     171,550        7,004,386  

Veritiv Corp.

     36,187        6,111,984  
     

 

 

 
Total Trading Companies & Distributors

 

     35,121,834  

 

See Notes to Financial Statements.

 

80   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2023

 

 

 

Investments    Shares      Value  
Water Utilities – 0.8%

 

Artesian Resources Corp., Class A(a)

     44,015      $ 1,848,190  

California Water Service Group

     85,308        4,035,922  

Global Water Resources, Inc.

     91,127        888,488  

Middlesex Water Co.(a)

     39,259        2,600,909  

SJW Group

     56,798        3,414,128  

York Water Co.

     43,258        1,621,742  
     

 

 

 
Total Water Utilities

 

     14,409,379  
Wireless Telecommunication Services – 0.8%

 

Shenandoah Telecommunications Co.

     99,197        2,044,450  

Spok Holdings, Inc.

     97,672        1,393,779  

Telephone & Data Systems, Inc.

     571,857        10,470,702  
     

 

 

 
Total Wireless Telecommunication Services

 

     13,908,931  
Total United States

 

     1,734,939,015  
Puerto Rico – 0.8%

 

Banks – 0.6%

 

First Bancorp

     538,745        7,251,508  

OFG Bancorp

     100,360        2,996,749  
     

 

 

 
Total Banks

 

     10,248,257  
Financial Services – 0.2%

 

EVERTEC, Inc.

     85,788        3,189,598  
     

 

 

 
Total Puerto Rico

 

     13,437,855  
TOTAL COMMON STOCKS
(Cost: $1,792,997,977)

 

     1,748,376,870  
EXCHANGE-TRADED FUND – 0.0%

 

United States – 0.0%

 

WisdomTree U.S. MidCap Dividend Fund(a)(b)
(Cost: $115,638)
     2,869      117,514  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.6%

 

United States – 0.6%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 5.36%(c)

 

  
(Cost: $10,485,844)      10,485,844        10,485,844  
TOTAL INVESTMENTS IN SECURITIES – 100.4%
(Cost: $1,803,599,459)

 

     1,758,980,228  

Other Assets less Liabilities – (0.4)%

 

     (6,870,874
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,752,109,354  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $168,001,877 and the total market value of the collateral held by the Fund was $172,348,133. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $161,862,289.

 

(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, 2023.

 

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, 2023 were as follows:

 

Affiliate    Value at
3/31/2023
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2023
     Dividend
Income
 

WisdomTree U.S. MidCap Dividend Fund

   $ 546,263      $ 12,823,422      $ 13,197,884      $ (42,633    $ (11,654    $ 117,514      $ 48,832  

 

FAIR VALUATION SUMMARY               

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 1,748,376,870      $      $      $ 1,748,376,870  

Exchange-Traded Fund

     117,514                      117,514  

Investment of Cash Collateral for Securities Loaned

            10,485,844               10,485,844  

Total Investments in Securities

   $ 1,748,494,384      $ 10,485,844      $      $ 1,758,980,228  

 

See Notes to Financial Statements.

 

WisdomTree Trust      81  


Schedule of Investments (unaudited)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.0%

 

United States – 99.9%

 

Aerospace & Defense – 0.8%

 

AAR Corp.*

     14,266      $ 849,255  

AeroVironment, Inc.*

     4,789        534,117  

AerSale Corp.*

     27,703        413,883  

Cadre Holdings, Inc.

     7,146        190,441  

Ducommun, Inc.*

     19,191        835,001  

Kaman Corp.

     6,182        121,476  

Kratos Defense & Security Solutions, Inc.*

     31,617        474,887  

National Presto Industries, Inc.

     2,641        191,367  

Park Aerospace Corp.

     8,057        125,125  

Triumph Group, Inc.*

     32,799        251,240  

V2X, Inc.*

     13,950        720,657  
     

 

 

 
Total Aerospace & Defense

 

     4,707,449  
Air Freight & Logistics – 0.2%

 

Air Transport Services Group, Inc.*

     47,132        983,645  
Automobile Components – 1.9%

 

American Axle & Manufacturing Holdings, Inc.*

     51,537        374,159  

Dana, Inc.

     33,870        496,873  

Gentherm, Inc.*

     7,882        427,677  

Holley, Inc.*(a)

     114,264        570,177  

LCI Industries

     32,218        3,783,038  

Modine Manufacturing Co.*

     30,728        1,405,806  

Motorcar Parts of America, Inc.*

     8,739        70,699  

Patrick Industries, Inc.

     41,318        3,101,329  

Standard Motor Products, Inc.

     13,770        462,947  

XPEL, Inc.*(a)

     5,641        434,977  
     

 

 

 
Total Automobile Components

 

     11,127,682  
Automobiles – 0.5%

 

Winnebago Industries, Inc.

     52,631        3,128,913  
Banks – 10.9%

 

1st Source Corp.

     15,115        636,190  

ACNB Corp.

     5,480        173,223  

Amalgamated Financial Corp.

     16,312        280,893  

Amerant Bancorp, Inc.

     18,218        317,722  

American National Bankshares, Inc.

     7,131        270,550  

Arrow Financial Corp.

     10,945        186,287  

Axos Financial, Inc.*

     43,170        1,634,416  

Banc of California, Inc.

     44,822        554,896  

Bancorp, Inc.*

     25,443        877,783  

Bank First Corp.(a)

     2,727        210,388  

Bank of Marin Bancorp

     9,552        174,611  

Bankwell Financial Group, Inc.

     9,207        223,454  

Banner Corp.

     19,641        832,386  

BayCom Corp.

     10,014        192,369  

BCB Bancorp, Inc.

     16,825        187,431  

Berkshire Hills Bancorp, Inc.

     19,249        385,942  

Bridgewater Bancshares, Inc.*

     11,581        109,788  

Brookline Bancorp, Inc.

     67,174        611,955  

Business First Bancshares, Inc.

     16,964        318,245  

Byline Bancorp, Inc.

     30,026        591,812  

Cambridge Bancorp

     4,289      267,162  

Camden National Corp.

     12,019        339,176  

Capital Bancorp, Inc.

     10,304        197,116  

Capital City Bank Group, Inc.

     4,783        142,677  

Capitol Federal Financial, Inc.

     84,260        401,920  

Capstar Financial Holdings, Inc.

     19,548        277,386  

Carter Bankshares, Inc.*

     10,631        133,206  

Central Pacific Financial Corp.

     29,961        499,749  

Citizens & Northern Corp.

     7,937        139,294  

City Holding Co.

     6,769        611,579  

Civista Bancshares, Inc.

     12,767        197,889  

CNB Financial Corp.(a)

     18,910        342,460  

Coastal Financial Corp.*

     3,719        159,582  

Colony Bankcorp, Inc.

     20,191        201,809  

Columbia Financial, Inc.*

     27,329        429,339  

Community Trust Bancorp, Inc.

     10,360        354,934  

ConnectOne Bancorp, Inc.

     27,064        482,551  

CrossFirst Bankshares, Inc.*

     37,348        376,841  

Customers Bancorp, Inc.*

     65,099        2,242,661  

Dime Community Bancshares, Inc.

     28,309        565,048  

Eagle Bancorp, Inc.

     22,553        483,762  

Enterprise Bancorp, Inc.

     9,064        248,172  

Enterprise Financial Services Corp.

     26,471        992,662  

Equity Bancshares, Inc., Class A

     8,975        216,028  

Esquire Financial Holdings, Inc.

     3,571        163,159  

Farmers & Merchants Bancorp, Inc.

     8,398        147,217  

Farmers National Banc Corp.

     21,794        251,939  

FB Financial Corp.

     19,866        563,400  

Financial Institutions, Inc.

     22,629        380,846  

First Bancorp

     15,619        439,519  

First Bancorp, Inc.

     9,903        232,720  

First Bancshares, Inc.

     14,499        391,038  

First Busey Corp.

     35,447        681,291  

First Business Financial Services, Inc.

     5,159        154,822  

First Commonwealth Financial Corp.

     64,558        788,253  

First Community Bankshares, Inc.

     10,235        301,421  

First Financial Bancorp

     65,503        1,283,859  

First Financial Corp.

     8,678        293,403  

First Foundation, Inc.

     63,680        387,174  

First Internet Bancorp

     13,056        211,638  

First Mid Bancshares, Inc.

     18,710        496,938  

First of Long Island Corp.(a)

     20,709        238,361  

First Western Financial, Inc.*(a)

     4,076        73,979  

Five Star Bancorp

     11,239        225,454  

Flushing Financial Corp.

     31,519        413,844  

FS Bancorp, Inc.

     7,088        209,096  

FVCBankcorp, Inc.*(a)

     11,583        148,378  

German American Bancorp, Inc.

     13,442        364,144  

Great Southern Bancorp, Inc.

     7,589        363,665  

Greene County Bancorp, Inc.

     6,301        151,539  

Guaranty Bancshares, Inc.

     8,892        255,111  

Hanmi Financial Corp.

     25,661        416,478  

HarborOne Bancorp, Inc.

     21,838        207,898  

Heartland Financial USA, Inc.

     28,604        841,816  

 

See Notes to Financial Statements.

 

82   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Heritage Commerce Corp.

     23,060      $ 195,318  

Heritage Financial Corp.

     24,034        391,995  

Hilltop Holdings, Inc.

     36,018        1,021,470  

Hingham Institution for Savings(a)

     1,137        212,335  

Home Bancorp, Inc.

     6,217        198,136  

HomeStreet, Inc.

     22,596        176,023  

HomeTrust Bancshares, Inc.

     11,636        252,152  

Hope Bancorp, Inc.

     117,286        1,037,981  

Horizon Bancorp, Inc.

     43,872        468,553  

Independent Bank Corp.

     15,224        279,208  

John Marshall Bancorp, Inc.

     5,557        99,192  

Kearny Financial Corp.

     50,621        350,804  

Lakeland Bancorp, Inc.

     33,345        420,814  

Lakeland Financial Corp.

     9,399        446,077  

Live Oak Bancshares, Inc.

     21,195        613,595  

Luther Burbank Corp.

     61,794        519,070  

Macatawa Bank Corp.

     11,331        101,526  

Mercantile Bank Corp.

     11,270        348,356  

Metrocity Bankshares, Inc.

     22,406        440,950  

Metropolitan Bank Holding Corp.*

     10,754        390,155  

Mid Penn Bancorp, Inc.

     6,856        138,011  

Midland States Bancorp, Inc.

     23,433        481,314  

MidWestOne Financial Group, Inc.

     12,812        260,468  

MVB Financial Corp.

     11,972        270,328  

National Bank Holdings Corp., Class A

     14,839        441,609  

NBT Bancorp, Inc.

     24,599        779,542  

Nicolet Bankshares, Inc.

     7,286        508,417  

Northeast Bank

     9,014        397,517  

Northfield Bancorp, Inc.

     29,954        283,065  

Northrim Bancorp, Inc.

     5,244        207,767  

Northwest Bancshares, Inc.

     59,669        610,414  

OceanFirst Financial Corp.

     36,164        523,293  

Old Second Bancorp, Inc.

     11,814        160,789  

Origin Bancorp, Inc.

     15,558        449,159  

Orrstown Financial Services, Inc.

     7,643        160,579  

Parke Bancorp, Inc.

     15,555        253,391  

Pathward Financial, Inc.

     24,771        1,141,695  

PCB Bancorp

     16,497        254,879  

Peapack-Gladstone Financial Corp.

     9,404        241,213  

Peoples Bancorp, Inc.

     26,902        682,773  

Peoples Financial Services Corp.

     4,064        162,966  

Preferred Bank

     9,695        603,514  

Premier Financial Corp.

     20,323        346,710  

Primis Financial Corp.

     9,048        73,741  

Provident Bancorp, Inc.*

     28,031        271,620  

Provident Financial Services, Inc.

     52,036        795,630  

QCR Holdings, Inc.

     14,734        714,894  

RBB Bancorp

     22,117        282,655  

Renasant Corp.

     28,225        739,213  

Republic Bancorp, Inc., Class A

     15,130        666,476  

S&T Bancorp, Inc.

     22,308        604,101  

Sandy Spring Bancorp, Inc.

     34,026        729,177  

Seacoast Banking Corp. of Florida

     30,326        665,959  

Shore Bancshares, Inc.(a)

     7,635        80,320  

Sierra Bancorp

     18,980      359,861  

SmartFinancial, Inc.

     6,387        136,490  

South Plains Financial, Inc.

     11,049        292,136  

Southern First Bancshares, Inc.*

     5,969        160,805  

Southern Missouri Bancorp, Inc.

     5,517        213,453  

Southside Bancshares, Inc.

     22,843        655,594  

Stellar Bancorp, Inc.

     13,854        295,367  

Stock Yards Bancorp, Inc.

     9,520        374,041  

Summit Financial Group, Inc.

     12,292        277,062  

Third Coast Bancshares, Inc.*

     6,935        118,589  

Towne Bank

     43,747        1,003,119  

TriCo Bancshares

     15,308        490,315  

Triumph Financial, Inc.*

     10,838        702,194  

TrustCo Bank Corp.

     11,240        306,740  

Trustmark Corp.

     30,119        654,486  

Unity Bancorp, Inc.

     8,272        193,813  

Univest Financial Corp.

     14,295        248,447  

Veritex Holdings, Inc.

     33,834        607,320  

Washington Federal, Inc.

     44,972        1,152,183  

Washington Trust Bancorp, Inc.

     12,038        316,961  

WesBanco, Inc.

     36,862        900,170  

West BanCorp, Inc.

     18,694        304,899  

Westamerica BanCorp

     11,377        492,055  
     

 

 

 
Total Banks

 

     63,354,753  
Beverages – 0.1%

 

Duckhorn Portfolio, Inc.*

     32,158        329,941  

Vita Coco Co., Inc.*

     11,934        310,761  
     

 

 

 
Total Beverages

 

     640,702  
Biotechnology – 1.6%

 

ACADIA Pharmaceuticals, Inc.*

     34,317        715,166  

Arcus Biosciences, Inc.*

     16,724        300,196  

Avid Bioservices, Inc.*

     14,610        137,918  

Catalyst Pharmaceuticals, Inc.*

     26,787        313,140  

Chimerix, Inc.*(a)

     165,991        159,318  

Dynavax Technologies Corp.*

     157,659        2,328,624  

Eagle Pharmaceuticals, Inc.*

     20,194        318,459  

Emergent BioSolutions, Inc.*

     52,730        179,282  

Humacyte, Inc.*(a)

     87,913        257,585  

Intercept Pharmaceuticals, Inc.*(a)

     79,419        1,472,428  

Ironwood Pharmaceuticals, Inc.*

     100,962        972,264  

iTeos Therapeutics, Inc.*

     66,913        732,697  

Organogenesis Holdings, Inc.*

     212,253        674,965  

Puma Biotechnology, Inc.*

     27,403        72,070  

REGENXBIO, Inc.*

     22,783        375,008  

Selecta Biosciences, Inc.*(a)

     252,443        267,590  

Vanda Pharmaceuticals, Inc.*

     8,299        35,852  

Xencor, Inc.*

     13,005        262,051  
     

 

 

 
Total Biotechnology

 

     9,574,613  
Building Products – 2.7%

 

American Woodmark Corp.*

     13,730        1,038,125  

Apogee Enterprises, Inc.

     12,440        585,675  

AZZ, Inc.

     18,177        828,508  

 

See Notes to Financial Statements.

 

WisdomTree Trust      83  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  

CSW Industrials, Inc.

     4,651      $ 815,041  

Gibraltar Industries, Inc.*

     15,262        1,030,338  

Griffon Corp.

     40,634        1,611,951  

Hayward Holdings, Inc.*(a)

     196,111        2,765,165  

Insteel Industries, Inc.

     28,495        924,948  

Janus International Group, Inc.*

     55,233        590,993  

JELD-WEN Holding, Inc.*

     120,165        1,605,404  

PGT Innovations, Inc.*

     43,203        1,198,883  

Quanex Building Products Corp.

     24,634        693,940  

Resideo Technologies, Inc.*

     129,841        2,051,488  
     

 

 

 
Total Building Products

 

     15,740,459  
Capital Markets – 4.4%

 

Artisan Partners Asset Management, Inc., Class A

     45,369        1,697,708  

AssetMark Financial Holdings, Inc.*

     33,255        834,035  

Avantax, Inc.*

     26,461        676,872  

Bakkt Holdings, Inc.*(a)

     164,960        193,003  

BGC Group, Inc., Class A

     536,542        2,832,942  

Bridge Investment Group Holdings, Inc., Class A

     19,788        182,050  

Brightsphere Investment Group, Inc.

     30,642        594,148  

Diamond Hill Investment Group, Inc.

     1,745        294,155  

Donnelley Financial Solutions, Inc.*

     20,987        1,181,148  

GCM Grosvenor, Inc., Class A

     83,243        645,966  

Greenhill & Co., Inc.

     11,399        168,705  

Open Lending Corp., Class A*

     107,114        784,075  

Oppenheimer Holdings, Inc., Class A

     14,132        541,397  

P10, Inc., Class A

     57,668        671,832  

Perella Weinberg Partners(a)

     52,797        537,473  

Piper Sandler Cos.

     12,688        1,843,693  

PJT Partners, Inc., Class A

     11,747        933,182  

Silvercrest Asset Management Group, Inc., Class A

     7,052        111,915  

StepStone Group, Inc., Class A

     22,599        713,676  

StoneX Group, Inc.*

     14,115        1,368,026  

TPG, Inc.

     86,811        2,614,747  

Victory Capital Holdings, Inc., Class A

     78,772        2,626,259  

Virtu Financial, Inc., Class A

     120,887        2,087,719  

Virtus Investment Partners, Inc.

     8,602        1,737,518  
     

 

 

 
Total Capital Markets

 

     25,872,244  
Chemicals – 1.5%

 

AdvanSix, Inc.

     28,512        886,153  

Alto Ingredients, Inc.*(a)

     69,005        305,002  

American Vanguard Corp.

     11,516        125,870  

Ecovyst, Inc.*

     64,104        630,783  

FutureFuel Corp.

     27,903        200,065  

Hawkins, Inc.

     11,437        673,067  

Intrepid Potash, Inc.*(a)

     15,826        398,182  

Koppers Holdings, Inc.

     24,314        961,619  

Kronos Worldwide, Inc.

     119,839        928,752  

LSB Industries, Inc.*

     91,613        937,201  

Mativ Holdings, Inc.

     34,630        493,824  

Minerals Technologies, Inc.

     18,710        1,024,560  

Stepan Co.

     9,994        749,250  

Valhi, Inc.

     41,315        547,837  
     

 

 

 
Total Chemicals

 

     8,862,165  
Commercial Services & Supplies – 2.2%

 

ACCO Brands Corp.

     158,715      911,024  

ARC Document Solutions, Inc.

     25,131        79,917  

Aris Water Solutions, Inc., Class A

     10,671        106,497  

Brady Corp., Class A

     23,706        1,301,933  

BrightView Holdings, Inc.*

     111,560        864,590  

CECO Environmental Corp.*

     18,886        301,609  

CoreCivic, Inc.*

     45,902        516,397  

Deluxe Corp.

     69,596        1,314,668  

Ennis, Inc.

     16,231        344,422  

Enviri Corp.*

     28,602        206,506  

GEO Group, Inc.*

     99,216        811,587  

Healthcare Services Group, Inc.

     14,808        154,447  

Heritage-Crystal Clean, Inc.*

     15,625        708,594  

HNI Corp.

     23,404        810,481  

Interface, Inc.

     59,447        583,175  

Liquidity Services, Inc.*

     14,672        258,521  

Matthews International Corp., Class A

     17,082        664,661  

MillerKnoll, Inc.

     49,949        1,221,253  

OPENLANE, Inc.*

     21,290        317,647  

Pitney Bowes, Inc.

     32,341        97,670  

Quad/Graphics, Inc.*(a)

     43,044        216,511  

SP Plus Corp.*

     11,811        426,377  

Steelcase, Inc., Class A

     32,527        363,327  

VSE Corp.

     7,214        363,874  
     

 

 

 
Total Commercial Services & Supplies

 

     12,945,688  
Communications Equipment – 0.6%

 

ADTRAN Holdings, Inc.

     16,367        134,700  

Aviat Networks, Inc.*

     9,071        283,015  

Clearfield, Inc.*(a)

     4,151        118,968  

CommScope Holding Co., Inc.*

     248,357        834,480  

Digi International, Inc.*

     11,662        314,874  

DZS, Inc.*(a)

     5,273        11,074  

Harmonic, Inc.*

     29,056        279,809  

Lantronix, Inc.*(a)

     10,391        46,240  

NETGEAR, Inc.*

     5,372        67,633  

Ribbon Communications, Inc.*

     11,444        30,670  

Viavi Solutions, Inc.*

     134,516        1,229,476  
     

 

 

 
Total Communications Equipment

 

     3,350,939  
Construction & Engineering – 1.1%

 

Ameresco, Inc., Class A*(a)

     10,683        411,936  

Argan, Inc.

     6,982        317,821  

Concrete Pumping Holdings, Inc.*

     25,829        221,613  

Construction Partners, Inc., Class A*

     12,218        446,690  

Granite Construction, Inc.

     13,479        512,472  

IES Holdings, Inc.*

     8,348        549,883  

MYR Group, Inc.*

     6,053        815,702  

Northwest Pipe Co.*(a)

     7,448        224,706  

Primoris Services Corp.

     39,343        1,287,696  

Sterling Infrastructure, Inc.*

     20,917        1,536,981  
     

 

 

 
Total Construction & Engineering

 

     6,325,500  

 

See Notes to Financial Statements.

 

84   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  
Construction Materials – 0.1%

 

U.S. Lime & Minerals, Inc.

     2,553      $ 513,153  
Consumer Finance – 3.1%

 

Atlanticus Holdings Corp.*

     27,584        836,071  

Bread Financial Holdings, Inc.

     96,132        3,287,715  

Consumer Portfolio Services, Inc.*

     40,733        369,448  

Encore Capital Group, Inc.*

     43,425        2,073,978  

Enova International, Inc.*

     42,107        2,141,983  

EZCORP, Inc., Class A*(a)

     38,232        315,414  

Green Dot Corp., Class A*

     50,905        709,107  

LendingClub Corp.*

     198,108        1,208,459  

Navient Corp.

     195,729        3,370,453  

Oportun Financial Corp.*

     66,070        477,025  

PRA Group, Inc.*

     23,556        452,511  

PROG Holdings, Inc.*

     47,948        1,592,353  

Regional Management Corp.

     19,415        537,407  

World Acceptance Corp.*

     3,834        487,148  
     

 

 

 
Total Consumer Finance

 

     17,859,072  
Consumer Staples Distribution & Retail – 0.9%

 

Andersons, Inc.

     25,678        1,322,674  

Chefs’ Warehouse, Inc.*

     9,282        196,593  

Ingles Markets, Inc., Class A

     19,135        1,441,439  

Natural Grocers by Vitamin Cottage, Inc.

     10,537        136,033  

PriceSmart, Inc.

     9,814        730,456  

SpartanNash Co.

     21,657        476,454  

Village Super Market, Inc., Class A

     6,293        142,473  

Weis Markets, Inc.

     10,045        632,835  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     5,078,957  
Containers & Packaging – 0.8%

 

Myers Industries, Inc.

     16,355        293,245  

O-I Glass, Inc.*

     151,740        2,538,610  

Pactiv Evergreen, Inc.

     177,938        1,446,636  

TriMas Corp.

     22,337        553,064  
     

 

 

 
Total Containers & Packaging

 

     4,831,555  
Diversified Consumer Services – 1.8%

 

Adtalem Global Education, Inc.*

     31,235        1,338,420  

Carriage Services, Inc.

     14,359        405,642  

Coursera, Inc.*

     34,574        646,188  

Duolingo, Inc.*

     6,864        1,138,532  

European Wax Center, Inc., Class A*(a)

     12,866        208,429  

Frontdoor, Inc.*

     29,662        907,360  

Graham Holdings Co., Class B

     2,024        1,179,992  

Laureate Education, Inc.

     34,476        486,112  

Lincoln Educational Services Corp.*

     20,446        172,769  

Perdoceo Education Corp.

     53,044        907,052  

Rover Group, Inc.*

     43,594        272,898  

Strategic Education, Inc.

     8,210        617,802  

Stride, Inc.*

     18,186        818,916  

Universal Technical Institute, Inc.*

     18,449        154,603  

WW International, Inc.*

     125,149        1,385,399  
     

 

 

 
Total Diversified Consumer Services

 

     10,640,114  
Diversified REITs – 0.4%

 

Alexander & Baldwin, Inc.

     9,387      157,044  

Alpine Income Property Trust, Inc.

     9,499        155,404  

American Assets Trust, Inc.

     12,780        248,571  

Armada Hoffler Properties, Inc.

     47,261        483,953  

CTO Realty Growth, Inc.

     5,246        85,038  

Empire State Realty Trust, Inc., Class A

     42,936        345,205  

NexPoint Diversified Real Estate Trust(a)

     74,514        649,017  

One Liberty Properties, Inc.

     11,609        219,062  
     

 

 

 
Total Diversified REITs

 

     2,343,294  
Diversified Telecommunication Services – 0.1%

 

Bandwidth, Inc., Class A*

     2,461        27,736  

Consolidated Communications Holdings, Inc.*

     27,564        94,269  

EchoStar Corp., Class A*

     22,111        370,359  

IDT Corp., Class B*

     13,728        302,702  

Ooma, Inc.*

     1,456        18,943  
     

 

 

 
Total Diversified Telecommunication Services

 

     814,009  
Electric Utilities – 0.4%

 

Genie Energy Ltd., Class B

     3,927        57,845  

Otter Tail Corp.

     33,297        2,527,908  

Via Renewables, Inc.

     750        5,437  
     

 

 

 
Total Electric Utilities

 

     2,591,190  
Electrical Equipment – 0.7%

 

Allient, Inc.

     5,351        165,453  

GrafTech International Ltd.(a)

     492,970        1,888,075  

LSI Industries, Inc.

     16,597        263,560  

Powell Industries, Inc.

     3,902        323,476  

Preformed Line Products Co.

     4,792        779,083  

Thermon Group Holdings, Inc.*

     14,793        406,364  

Vicor Corp.*

     7,475        440,203  
     

 

 

 
Total Electrical Equipment

 

     4,266,214  
Electronic Equipment, Instruments & Components – 1.7%

 

Arlo Technologies, Inc.*

     32,322        332,917  

Bel Fuse, Inc., Class B

     12,592        600,890  

Benchmark Electronics, Inc.

     17,456        423,483  

CTS Corp.

     13,426        560,401  

ePlus, Inc.*

     17,192        1,092,036  

FARO Technologies, Inc.*

     4,834        73,622  

Itron, Inc.*

     9,405        569,755  

Kimball Electronics, Inc.*

     16,933        463,626  

Knowles Corp.*

     43,904        650,218  

Luna Innovations, Inc.*

     4,864        28,503  

Methode Electronics, Inc.

     18,010        411,528  

Napco Security Technologies, Inc.

     10,362        230,554  

OSI Systems, Inc.*

     6,406        756,164  

PC Connection, Inc.

     12,368        660,204  

Richardson Electronics Ltd.

     5,098        55,721  

Rogers Corp.*

     6,233        819,453  

ScanSource, Inc.*

     21,780        660,152  

TTM Technologies, Inc.*

     77,175        994,014  

Vishay Precision Group, Inc.*

     8,749        293,791  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     9,677,032  

 

See Notes to Financial Statements.

 

WisdomTree Trust      85  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  
Energy Equipment & Services – 0.8%

 

Archrock, Inc.

     40,660      $ 512,316  

Bristow Group, Inc.*

     9,207        259,361  

DMC Global, Inc.*

     9,185        224,757  

Natural Gas Services Group, Inc.*

     8,380        122,013  

Newpark Resources, Inc.*

     32,950        227,684  

Oceaneering International, Inc.*

     21,830        561,468  

ProFrac Holding Corp., Class A*(a)

     78,690        856,147  

RPC, Inc.

     107,064        957,152  

Select Water Solutions, Inc.

     37,046        294,516  

Solaris Oilfield Infrastructure, Inc., Class A

     15,133        161,318  

TETRA Technologies, Inc.*

     44,024        280,873  

U.S. Silica Holdings, Inc.*

     23,552        330,670  
     

 

 

 
Total Energy Equipment & Services

 

     4,788,275  
Entertainment – 0.2%

 

Marcus Corp.

     14,541        225,385  

Reservoir Media, Inc.*(a)

     27,346        166,811  

Sciplay Corp., Class A*

     13,880        316,048  

Vivid Seats, Inc., Class A*

     24,140        154,979  
     

 

 

 
Total Entertainment

 

     863,223  
Financial Services – 1.9%

 

A-Mark Precious Metals, Inc.

     35,829        1,050,865  

Alerus Financial Corp.

     15,884        288,771  

Cass Information Systems, Inc.

     5,786        215,529  

Federal Agricultural Mortgage Corp., Class C

     6,623        1,021,929  

I3 Verticals, Inc., Class A*(a)

     10,951        231,504  

International Money Express, Inc.*

     23,218        393,081  

Merchants Bancorp

     53,113        1,472,292  

NMI Holdings, Inc., Class A*

     95,852        2,596,631  

Ocwen Financial Corp.*

     14,132        365,736  

Paymentus Holdings, Inc., Class A*

     12,960        215,136  

Payoneer Global, Inc.*

     74,472        455,769  

Repay Holdings Corp.*

     77,609        589,052  

Rocket Cos., Inc., Class A*(a)

     101,569        830,834  

Shift4 Payments, Inc., Class A*

     11,781        652,314  

UWM Holdings Corp.(a)

     168,827        818,811  

Waterstone Financial, Inc.

     10,897        119,322  
     

 

 

 
Total Financial Services

 

     11,317,576  
Food Products – 0.8%

 

B&G Foods, Inc.

     41,349        408,942  

Cal-Maine Foods, Inc.

     30,718        1,487,366  

Calavo Growers, Inc.

     5,511        139,042  

Hain Celestial Group, Inc.*

     36,534        378,858  

John B Sanfilippo & Son, Inc.

     6,057        598,432  

Mission Produce, Inc.*(a)

     11,422        110,565  

Seneca Foods Corp., Class A*(a)

     5,541        298,272  

Sovos Brands, Inc.*

     29,606        667,615  

Tootsie Roll Industries, Inc.

     14,897        444,824  

Utz Brands, Inc.

     19,588        263,067  

Whole Earth Brands, Inc.*

     28,287        101,833  
     

 

 

 
Total Food Products

 

     4,898,816  
Gas Utilities – 0.2%

 

Chesapeake Utilities Corp.

     5,804      567,341  

Northwest Natural Holding Co.

     8,478        323,521  
     

 

 

 
Total Gas Utilities

 

     890,862  
Ground Transportation – 1.8%

 

ArcBest Corp.

     29,980        3,047,467  

Covenant Logistics Group, Inc.

     17,905        785,134  

Daseke, Inc.*

     61,100        313,443  

Heartland Express, Inc.

     35,104        515,678  

Marten Transport Ltd.

     35,160        693,004  

PAM Transportation Services, Inc.*

     28,128        606,158  

Schneider National, Inc., Class B

     131,478        3,640,626  

Universal Logistics Holdings, Inc.

     30,625        771,137  
     

 

 

 
Total Ground Transportation

 

     10,372,647  
Health Care Equipment & Supplies – 1.2%

 

Atrion Corp.

     397        164,029  

Avanos Medical, Inc.*

     18,999        384,160  

Bioventus, Inc., Class A*(a)

     77,251        254,928  

CONMED Corp.

     9,119        919,651  

Embecta Corp.

     67,120        1,010,156  

Glaukos Corp.*

     8,585        646,021  

Integer Holdings Corp.*

     11,707        918,180  

iRadimed Corp.

     4,963        220,208  

LeMaitre Vascular, Inc.

     5,068        276,105  

Omnicell, Inc.*

     23,800        1,071,952  

Orthofix Medical, Inc.*

     3,426        44,058  

Semler Scientific, Inc.*

     4,533        115,002  

Sensus Healthcare, Inc.*

     24,093        66,738  

UFP Technologies, Inc.*

     3,010        485,965  

Utah Medical Products, Inc.

     1,965        168,990  

Varex Imaging Corp.*

     22,815        428,694  

Zynex, Inc.*(a)

     12,494        99,952  
     

 

 

 
Total Health Care Equipment & Supplies

 

     7,274,789  
Health Care Providers & Services – 1.5%

 

Addus HomeCare Corp.*

     4,347        370,321  

Agiliti, Inc.*

     44,164        286,624  

Apollo Medical Holdings, Inc.*

     16,714        515,627  

Cross Country Healthcare, Inc.*

     39,004        966,909  

DocGo, Inc.*(a)

     33,941        180,905  

Enhabit, Inc.*

     39,736        447,030  

Fulgent Genetics, Inc.*(a)

     54,222        1,449,896  

Joint Corp.*

     605        5,439  

ModivCare, Inc.*

     9,284        292,539  

National Research Corp.

     5,316        235,871  

Owens & Minor, Inc.*

     72,307        1,168,481  

Pediatrix Medical Group, Inc.*

     65,901        837,602  

Pennant Group, Inc.*

     11,953        133,037  

PetIQ, Inc.*

     25,571        503,749  

RadNet, Inc.*

     11,430        322,212  

Surgery Partners, Inc.*(a)

     18,710        547,267  

U.S. Physical Therapy, Inc.

     2,319        212,722  
     

 

 

 
Total Health Care Providers & Services

 

     8,476,231  

 

See Notes to Financial Statements.

 

86   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  
Health Care REITs – 0.3%

 

Community Healthcare Trust, Inc.

     7,854      $ 233,264  

LTC Properties, Inc.

     15,299        491,557  

National Health Investors, Inc.

     10,318        529,932  

Universal Health Realty Income Trust

     14,451        584,254  
     

 

 

 
Total Health Care REITs

 

     1,839,007  
Health Care Technology – 0.7%

 

Computer Programs & Systems, Inc.*

     9,859        157,152  

Definitive Healthcare Corp.*

     23,201        185,376  

GoodRx Holdings, Inc., Class A*

     130,573        735,126  

HealthStream, Inc.

     10,077        217,462  

Multiplan Corp.*(a)

     647,492        1,087,786  

NextGen Healthcare, Inc.*

     21,596        512,473  

OptimizeRx Corp.*(a)

     2,933        22,819  

Simulations Plus, Inc.

     4,898        204,247  

Veradigm, Inc.*

     58,563        769,518  
     

 

 

 
Total Health Care Technology

 

     3,891,959  
Hotel & Resort REITs – 0.4%

 

DiamondRock Hospitality Co.

     55,571        446,235  

Hersha Hospitality Trust, Class A

     54,946        541,768  

Sunstone Hotel Investors, Inc.

     122,106        1,141,691  
     

 

 

 
Total Hotel & Resort REITs

 

     2,129,694  
Hotels, Restaurants & Leisure – 2.2%

 

Accel Entertainment, Inc.*

     67,571        739,902  

Bloomin’ Brands, Inc.

     76,911        1,891,241  

Bluegreen Vacations Holding Corp.

     22,672        831,609  

Bowlero Corp., Class A*(a)

     21,081        202,799  

Brinker International, Inc.*

     21,135        667,655  

Century Casinos, Inc.*

     30,009        153,946  

Cheesecake Factory, Inc.

     15,592        472,438  

Chuy’s Holdings, Inc.*

     9,020        320,932  

Cracker Barrel Old Country Store, Inc.

     10,081        677,443  

Dave & Buster’s Entertainment, Inc.*

     23,748        880,338  

Denny’s Corp.*

     27,001        228,698  

Dine Brands Global, Inc.

     9,978        493,412  

Dutch Bros, Inc., Class A*(a)

     9,996        232,407  

El Pollo Loco Holdings, Inc.

     15,677        140,309  

Everi Holdings, Inc.*

     79,558        1,051,757  

First Watch Restaurant Group, Inc.*

     14,937        258,261  

Golden Entertainment, Inc.

     15,693        536,387  

Jack in the Box, Inc.

     12,215        843,568  

Monarch Casino & Resort, Inc.

     7,159        444,574  

ONE Group Hospitality, Inc.*(a)

     31,010        170,555  

RCI Hospitality Holdings, Inc.

     4,352        263,992  

Sabre Corp.*(a)

     69,840        313,582  

Six Flags Entertainment Corp.*

     31,654        744,186  

Target Hospitality Corp.*(a)

     21,402        339,864  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     12,899,855  
Household Durables – 6.7%

 

Bassett Furniture Industries, Inc.

     17,764        260,243  

Beazer Homes USA, Inc.*

     59,147        1,473,352  

Cavco Industries, Inc.*

     7,498        1,991,919  

Century Communities, Inc.

     57,333      3,828,698  

Cricut, Inc., Class A(a)

     47,475        441,043  

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

     65,076        1,446,639  

Ethan Allen Interiors, Inc.

     27,833        832,207  

GoPro, Inc., Class A*(a)

     174,162        546,869  

Green Brick Partners, Inc.*

     83,816        3,479,202  

Hooker Furnishings Corp.

     2,140        41,623  

Hovnanian Enterprises, Inc., Class A*

     10,465        1,063,872  

Installed Building Products, Inc.

     18,016        2,250,018  

La-Z-Boy, Inc.

     46,634        1,440,058  

Landsea Homes Corp.*

     83,464        750,341  

Legacy Housing Corp.*

     21,485        417,024  

LGI Homes, Inc.*

     27,552        2,741,148  

Lovesac Co.*

     15,968        318,083  

M/I Homes, Inc.*

     53,264        4,476,307  

MDC Holdings, Inc.

     135,508        5,586,995  

Sonos, Inc.*(a)

     28,417        366,863  

Tri Pointe Homes, Inc.*

     187,581        5,130,340  

Tupperware Brands Corp.*(a)

     77,443        108,420  

Universal Electronics, Inc.*

     2,284        20,670  
     

 

 

 
Total Household Durables

 

     39,011,934  
Household Products – 0.6%

 

Central Garden & Pet Co., Class A*

     27,009        1,082,791  

Energizer Holdings, Inc.

     38,573        1,235,879  

Spectrum Brands Holdings, Inc.

     8,476        664,095  

WD-40 Co.

     3,209        652,197  
     

 

 

 
Total Household Products

 

     3,634,962  
Independent Power & Renewable Electricity Producers – 0.1%

 

Montauk Renewables, Inc.*(a)

     31,905        290,655  
Insurance – 2.2%

 

Ambac Financial Group, Inc.*

     82,268        992,152  

AMERISAFE, Inc.

     5,380        269,377  

BRP Group, Inc., Class A*

     13,594        315,789  

Donegal Group, Inc., Class A

     9,574        136,477  

Employers Holdings, Inc.

     11,755        469,612  

Genworth Financial, Inc., Class A*

     837,396        4,907,141  

Goosehead Insurance, Inc., Class A*

     5,602        417,517  

Hagerty, Inc., Class A*

     18,620        152,125  

Horace Mann Educators Corp.

     17,415        511,653  

Investors Title Co.

     938        138,908  

National Western Life Group, Inc., Class A

     3,614        1,581,089  

Palomar Holdings, Inc.*

     7,354        373,215  

ProAssurance Corp.

     21,742        410,706  

Safety Insurance Group, Inc.

     6,598        449,918  

Stewart Information Services Corp.

     38,022        1,665,364  

United Fire Group, Inc.

     15,475        305,631  
     

 

 

 
Total Insurance

 

     13,096,674  
Interactive Media & Services – 0.8%

 

Cargurus, Inc.*

     86,698        1,518,949  

Cars.com, Inc.*

     66,809        1,126,399  

DHI Group, Inc.*

     9,563        29,263  

QuinStreet, Inc.*

     10,724        96,194  

 

See Notes to Financial Statements.

 

WisdomTree Trust      87  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Shutterstock, Inc.

     18,376      $ 699,207  

System1, Inc.*

     23,190        28,060  

Yelp, Inc.*

     15,649        650,842  

ZipRecruiter, Inc., Class A*

     28,518        341,931  
     

 

 

 
Total Interactive Media & Services

 

     4,490,845  
IT Services – 0.5%

 

Brightcove, Inc.*

     3,388        11,146  

Grid Dynamics Holdings, Inc.*

     22,814        277,874  

Hackett Group, Inc.

     17,529        413,509  

Information Services Group, Inc.

     34,408        150,707  

Perficient, Inc.*

     14,180        820,455  

Rackspace Technology, Inc.*(a)

     264,019        620,445  

Squarespace, Inc., Class A*

     19,311        559,440  

Unisys Corp.*

     44,098        152,138  
     

 

 

 
Total IT Services

 

     3,005,714  
Leisure Products – 1.5%

 

American Outdoor Brands, Inc.*

     2,427        23,736  

AMMO, Inc.*(a)

     117,206        236,756  

Funko, Inc., Class A*(a)

     39,986        305,893  

JAKKS Pacific, Inc.*

     17,285        321,328  

Johnson Outdoors, Inc., Class A

     5,460        298,607  

Malibu Boats, Inc., Class A*

     21,131        1,035,842  

MasterCraft Boat Holdings, Inc.*

     27,649        614,361  

Smith & Wesson Brands, Inc.

     61,314        791,564  

Solo Brands, Inc., Class A*

     125,854        641,855  

Sturm Ruger & Co., Inc.

     12,667        660,204  

Vista Outdoor, Inc.*(a)

     107,341        3,555,134  
     

 

 

 
Total Leisure Products

 

     8,485,280  
Life Sciences Tools & Services – 0.9%

 

Cytek Biosciences, Inc.*(a)

     30,381        167,703  

Maravai LifeSciences Holdings, Inc., Class A*

     189,813        1,898,130  

Mesa Laboratories, Inc.

     1,815        190,702  

Sotera Health Co.*(a)

     198,043        2,966,684  
     

 

 

 
Total Life Sciences Tools & Services

 

     5,223,219  
Machinery – 2.6%

 

Alamo Group, Inc.

     4,310        745,027  

Astec Industries, Inc.

     1,926        90,734  

Barnes Group, Inc.

     17,286        587,205  

CIRCOR International, Inc.*

     8,693        484,635  

Columbus McKinnon Corp.

     20,216        705,741  

Commercial Vehicle Group, Inc.*

     21,335        165,560  

Douglas Dynamics, Inc.

     7,668        231,420  

Energy Recovery, Inc.*

     13,449        285,253  

Enerpac Tool Group Corp.

     14,717        388,970  

EnPro Industries, Inc.

     8,393        1,017,148  

ESCO Technologies, Inc.

     5,832        609,094  

Gorman-Rupp Co.

     4,627        152,228  

Greenbrier Cos., Inc.

     10,510        420,400  

Helios Technologies, Inc.

     19,189        1,064,606  

Hillman Solutions Corp.*

     72,896        601,392  

Kadant, Inc.

     3,406        768,223  

Kennametal, Inc.

     42,126        1,048,095  

Lindsay Corp.

     3,210      377,753  

Manitowoc Co., Inc.*

     26,504        398,885  

Miller Industries, Inc.

     6,091        238,828  

Mueller Water Products, Inc., Class A

     54,434        690,223  

Omega Flex, Inc.

     2,555        201,155  

Proto Labs, Inc.*

     13,750        363,000  

REV Group, Inc.

     18,638        298,208  

Shyft Group, Inc.

     12,244        183,293  

Standex International Corp.

     6,016        876,471  

Tennant Co.

     6,537        484,719  

Titan International, Inc.*

     64,271        863,159  

Trinity Industries, Inc.

     16,769        408,325  

Wabash National Corp.

     19,089        403,160  
     

 

 

 
Total Machinery

 

     15,152,910  
Marine Transportation – 1.1%

 

Matson, Inc.

     73,850        6,551,972  
Media – 2.0%

 

Advantage Solutions, Inc.*(a)

     605,674        1,720,114  

Altice USA, Inc., Class A*

     579,667        1,895,511  

AMC Networks, Inc., Class A*

     61,808        728,098  

Cumulus Media, Inc., Class A*

     35,671        181,565  

Daily Journal Corp.*

     744        218,736  

Entravision Communications Corp., Class A

     50,217        183,292  

EW Scripps Co., Class A*

     50,320        275,754  

Gannett Co., Inc.*

     253,271        620,514  

Gray Television, Inc.

     147,358        1,019,717  

John Wiley & Sons, Inc., Class A

     31,911        1,186,132  

Magnite, Inc.*

     53,239        401,422  

PubMatic, Inc., Class A*(a)

     23,192        280,623  

Scholastic Corp.

     11,830        451,196  

Sinclair, Inc.(a)

     97,167        1,090,214  

TechTarget, Inc.*

     13,640        414,110  

Thryv Holdings, Inc.*

     40,176        754,104  

WideOpenWest, Inc.*

     24,647        188,550  
     

 

 

 
Total Media

 

     11,609,652  
Metals & Mining – 2.4%

 

Century Aluminum Co.*

     61,665        443,371  

Compass Minerals International, Inc.

     9,016        251,997  

Haynes International, Inc.

     5,563        258,791  

Kaiser Aluminum Corp.

     3,788        285,085  

Materion Corp.

     7,975        812,732  

Olympic Steel, Inc.

     18,887        1,061,638  

Ramaco Resources, Inc., Class A

     72,028        791,588  

Ramaco Resources, Inc., Class B

     14,400        171,792  

Ryerson Holding Corp.

     66,489        1,934,165  

Schnitzer Steel Industries, Inc., Class A

     36,492        1,016,302  

SunCoke Energy, Inc.

     84,153        854,153  

TimkenSteel Corp.*

     57,978        1,259,282  

Tredegar Corp.

     31,096        168,230  

Warrior Met Coal, Inc.

     95,879        4,897,499  
     

 

 

 
Total Metals & Mining

 

     14,206,625  

 

See Notes to Financial Statements.

 

88   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  
Multi-Utilities – 0.1%

 

Unitil Corp.

     6,324      $ 270,098  
Office REITs – 0.4%

 

Brandywine Realty Trust

     207,059        940,048  

Easterly Government Properties, Inc.

     26,288        300,472  

JBG SMITH Properties

     30,330        438,572  

Office Properties Income Trust

     19,855        81,405  

Paramount Group, Inc.

     63,918        295,301  

Piedmont Office Realty Trust, Inc., Class A

     24,772        139,219  

Postal Realty Trust, Inc., Class A

     1,976        26,676  
     

 

 

 
Total Office REITs

 

     2,221,693  
Oil, Gas & Consumable Fuels – 4.6%

 

Amplify Energy Corp.*(a)

     49,060        360,591  

Berry Corp.

     130,496        1,070,067  

Clean Energy Fuels Corp.*

     52,316        200,370  

Crescent Energy Co., Class A

     44,678        564,730  

Delek U.S. Holdings, Inc.

     77,646        2,205,923  

Earthstone Energy, Inc., Class A*

     161,898        3,276,815  

Excelerate Energy, Inc., Class A

     10,259        174,813  

Gulfport Energy Corp.*

     38,300        4,544,678  

NACCO Industries, Inc., Class A

     7,814        274,037  

Overseas Shipholding Group, Inc., Class A*

     36,746        161,315  

Par Pacific Holdings, Inc.*

     103,440        3,717,634  

PHX Minerals, Inc.

     27,328        99,474  

REX American Resources Corp.*

     12,707        517,429  

SandRidge Energy, Inc.

     57,709        903,723  

SilverBow Resources, Inc.*(a)

     41,978        1,501,553  

Sitio Royalties Corp., Class A

     48,362        1,170,844  

Talos Energy, Inc.*

     88,914        1,461,746  

VAALCO Energy, Inc.

     133,758        587,198  

Vital Energy, Inc.*

     35,461        1,965,249  

W&T Offshore, Inc.*

     288,645        1,264,265  

World Kinect Corp.

     29,323        657,715  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     26,680,169  
Paper & Forest Products – 0.4%

 

Clearwater Paper Corp.*

     15,061        545,961  

Sylvamo Corp.

     41,861        1,839,373  
     

 

 

 
Total Paper & Forest Products

 

     2,385,334  
Passenger Airlines – 0.5%

 

Allegiant Travel Co.

     5,513        423,729  

SkyWest, Inc.*

     48,466        2,032,664  

Sun Country Airlines Holdings, Inc.*(a)

     14,134        209,749  
     

 

 

 
Total Passenger Airlines

 

     2,666,142  
Personal Care Products – 0.4%

 

Edgewell Personal Care Co.

     23,910        883,714  

Medifast, Inc.

     9,049        677,318  

Nature’s Sunshine Products, Inc.*

     13,871        229,842  

Nu Skin Enterprises, Inc., Class A

     9,785        207,540  

USANA Health Sciences, Inc.*

     9,732        570,392  
     

 

 

 
Total Personal Care Products

 

     2,568,806  
Pharmaceuticals – 1.3%

 

Amneal Pharmaceuticals, Inc.*

     273,860      1,155,689  

Amphastar Pharmaceuticals, Inc.*

     20,683        951,211  

ANI Pharmaceuticals, Inc.*

     4,600        267,076  

Assertio Holdings, Inc.*(a)

     80,603        206,344  

Atea Pharmaceuticals, Inc.*

     60,149        180,447  

Collegium Pharmaceutical, Inc.*

     32,046        716,228  

Innoviva, Inc.*

     133,716        1,736,971  

Ligand Pharmaceuticals, Inc.*

     3,185        190,845  

Pacira BioSciences, Inc.*

     15,750        483,210  

Phibro Animal Health Corp., Class A

     35,884        458,239  

ProPhase Labs, Inc.*(a)

     20,866        91,184  

SIGA Technologies, Inc.(a)

     87,524        459,501  

Supernus Pharmaceuticals, Inc.*

     16,154        445,366  
     

 

 

 
Total Pharmaceuticals

 

     7,342,311  
Professional Services – 2.3%

 

Barrett Business Services, Inc.

     4,593        414,472  

CBIZ, Inc.*

     18,291        949,303  

Conduent, Inc.*

     103,940        361,711  

CRA International, Inc.

     3,614        364,147  

CSG Systems International, Inc.

     12,720        650,246  

DLH Holdings Corp.*

     13,051        152,305  

First Advantage Corp.

     81,955        1,130,159  

Forrester Research, Inc.*

     12,993        375,498  

Franklin Covey Co.*

     3,502        150,306  

Heidrick & Struggles International, Inc.

     22,010        550,690  

HireRight Holdings Corp.*

     110,016        1,046,252  

Huron Consulting Group, Inc.*

     6,664        694,122  

ICF International, Inc.

     7,323        884,692  

Kelly Services, Inc., Class A

     21,353        388,411  

Kforce, Inc.

     9,031        538,790  

Legalzoom.com, Inc.*

     43,052        470,989  

NV5 Global, Inc.*

     4,127        397,141  

RCM Technologies, Inc.*(a)

     10,032        196,025  

Resources Connection, Inc.

     26,872        400,662  

Sterling Check Corp.*(a)

     50,262        634,306  

TrueBlue, Inc.*

     30,983        454,521  

TTEC Holdings, Inc.

     26,570        696,665  

Verra Mobility Corp.*

     67,895        1,269,637  

Willdan Group, Inc.*

     8,786        179,498  
     

 

 

 
Total Professional Services

 

     13,350,548  
Real Estate Management & Development – 1.6%

 

Anywhere Real Estate, Inc.*

     195,834        1,259,213  

Douglas Elliman, Inc.

     71,396        161,355  

eXp World Holdings, Inc.(a)

     36,385        590,892  

Forestar Group, Inc.*

     81,059        2,183,729  

FRP Holdings, Inc.*

     2,513        135,627  

Kennedy-Wilson Holdings, Inc.

     40,398        595,467  

Marcus & Millichap, Inc.

     29,984        879,731  

Newmark Group, Inc., Class A

     284,176        1,827,252  

RE/MAX Holdings, Inc., Class A

     21,243        274,884  

RMR Group, Inc., Class A

     6,897        169,114  

St. Joe Co.

     14,576        791,914  

 

See Notes to Financial Statements.

 

WisdomTree Trust      89  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Stratus Properties, Inc.*(a)

     15,806      $ 433,084  

Tejon Ranch Co.*

     12,325        199,912  
     

 

 

 
Total Real Estate Management & Development

 

     9,502,174  
Residential REITs – 0.2%

 

Apartment Investment & Management Co., Class A*

     102,016        693,709  

NexPoint Residential Trust, Inc.

     19,382        623,713  
     

 

 

 
Total Residential REITs

 

     1,317,422  
Retail REITs – 0.6%

 

Acadia Realty Trust

     25,501        365,939  

Alexander’s, Inc.

     2,696        491,292  

Getty Realty Corp.

     17,948        497,698  

NETSTREIT Corp.

     10,098        157,327  

Retail Opportunity Investments Corp.

     25,975        321,570  

RPT Realty

     34,251        361,690  

Saul Centers, Inc.

     7,899        278,598  

Tanger Factory Outlet Centers, Inc.

     25,826        583,668  

Urban Edge Properties

     24,926        380,371  

Whitestone REIT

     18,593        179,051  
     

 

 

 
Total Retail REITs

 

     3,617,204  
Semiconductors & Semiconductor Equipment – 1.4%

 

Aehr Test Systems*(a)

     5,147        235,218  

AXT, Inc.*

     10,361        24,866  

CEVA, Inc.*

     8,908        172,726  

Cohu, Inc.*

     26,195        902,156  

Everspin Technologies, Inc.*

     19,219        188,923  

FormFactor, Inc.*

     36,069        1,260,251  

NVE Corp.

     2,587        212,496  

PDF Solutions, Inc.*

     6,862        222,329  

Photronics, Inc.*

     35,990        727,358  

Semtech Corp.*

     47,619        1,226,189  

SiTime Corp.*(a)

     6,523        745,253  

Ultra Clean Holdings, Inc.*

     37,351        1,108,204  

Veeco Instruments, Inc.*

     35,430        995,937  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     8,021,906  
Software – 3.1%

 

8x8, Inc.*

     36,552        92,111  

A10 Networks, Inc.

     24,634        370,249  

ACI Worldwide, Inc.*

     54,221        1,223,226  

Adeia, Inc.

     74,633        797,080  

Agilysys, Inc.*

     4,567        302,153  

Alarm.com Holdings, Inc.*

     14,400        880,416  

Altair Engineering, Inc., Class A*

     11,564        723,444  

American Software, Inc., Class A

     4,861        55,707  

Appfolio, Inc., Class A*

     3,361        613,819  

Cerence, Inc.*

     20,980        427,363  

Cleanspark, Inc.*

     80,983        308,545  

Clearwater Analytics Holdings, Inc., Class A*(a)

     16,378        316,750  

Consensus Cloud Solutions, Inc.*

     13,383        336,984  

CoreCard Corp.*(a)

     4,892        97,840  

Digital Turbine, Inc.*

     64,050        387,502  

E2open Parent Holdings, Inc.*(a)

     68,959        313,074  

Ebix, Inc.(a)

     33,735      333,302  

eGain Corp.*

     4,123        25,274  

Enfusion, Inc., Class A*(a)

     15,716        140,972  

Everbridge, Inc.*

     9,537        213,820  

EverCommerce, Inc.*

     115,082        1,154,272  

Expensify, Inc., Class A*

     32,612        105,989  

InterDigital, Inc.

     12,787        1,026,029  

LiveRamp Holdings, Inc.*

     15,444        445,405  

MeridianLink, Inc.*

     21,396        365,016  

Mitek Systems, Inc.*(a)

     30,669        328,772  

Model N, Inc.*

     9,424        230,040  

N-able, Inc.*

     37,184        479,674  

Olo, Inc., Class A*

     29,159        176,704  

Progress Software Corp.

     23,210        1,220,382  

Q2 Holdings, Inc.*

     14,994        483,856  

Rapid7, Inc.*

     12,910        591,020  

Red Violet, Inc.*(a)

     3,267        65,373  

Rimini Street, Inc.*

     162,384        357,245  

SolarWinds Corp.*

     120,758        1,139,955  

SoundThinking, Inc.*

     2,746        49,153  

Telos Corp.*

     38,751        92,615  

Upland Software, Inc.*

     66,460        307,045  

Varonis Systems, Inc.*

     23,832        727,829  

Verint Systems, Inc.*

     26,536        610,063  

Vertex, Inc., Class A*

     15,095        348,694  
     

 

 

 
Total Software

 

     18,264,762  
Specialized REITs – 0.1%

 

Farmland Partners, Inc.

     6,247        64,094  

Four Corners Property Trust, Inc.

     25,764        571,703  
     

 

 

 
Total Specialized REITs

 

     635,797  
Specialty Retail – 5.1%

 

1-800-Flowers.com, Inc., Class A*(a)

     7,124        49,868  

Aaron’s Co., Inc.

     44,788        468,930  

Abercrombie & Fitch Co., Class A*

     11,540        650,510  

America’s Car-Mart, Inc.*(a)

     6,058        551,217  

Arhaus, Inc.*

     76,342        709,981  

Arko Corp.

     51,020        364,793  

Big 5 Sporting Goods Corp.

     27,596        193,448  

Boot Barn Holdings, Inc.*

     18,852        1,530,594  

Buckle, Inc.

     38,363        1,280,941  

Build-A-Bear Workshop, Inc.

     13,681        402,358  

Caleres, Inc.

     51,563        1,482,952  

Camping World Holdings, Inc., Class A

     69,644        1,421,434  

CarParts.com, Inc.*

     22,231        91,592  

Chico’s FAS, Inc.*

     140,863        1,053,655  

Children’s Place, Inc.*

     16,318        441,075  

Citi Trends, Inc.*

     5,249        116,633  

Conn’s, Inc.*

     10,629        41,985  

Container Store Group, Inc.*

     96,727        217,636  

Designer Brands, Inc., Class A

     102,325        1,295,434  

Destination XL Group, Inc.*(a)

     62,117        278,284  

Duluth Holdings, Inc., Class B*

     35,931        215,945  

Genesco, Inc.*

     16,021        493,767  

 

See Notes to Financial Statements.

 

90   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Guess?, Inc.

     47,770      $ 1,033,743  

Haverty Furniture Cos., Inc.

     21,136        608,294  

Hibbett, Inc.

     13,035        619,293  

J Jill, Inc.*

     11,942        353,483  

JOANN, Inc.*(a)

     3,261        2,348  

Lands’ End, Inc.*

     15,409        115,105  

Lazydays Holdings, Inc.*(a)

     20,084        152,638  

LL Flooring Holdings, Inc.*

     7,668        24,308  

Lulu’s Fashion Lounge Holdings, Inc.*(a)

     34,056        68,453  

MarineMax, Inc.*

     42,623        1,398,887  

Monro, Inc.

     9,008        250,152  

ODP Corp.*

     31,184        1,439,142  

OneWater Marine, Inc., Class A*(a)

     27,590        706,856  

Overstock.com, Inc.*(a)

     13,691        216,592  

Petco Health & Wellness Co., Inc.*(a)

     139,435        570,289  

PetMed Express, Inc.

     10,722        109,900  

Revolve Group, Inc.*(a)

     20,597        280,325  

RumbleON, Inc., Class B*(a)

     32,782        200,954  

Sally Beauty Holdings, Inc.*

     148,404        1,243,625  

Shoe Carnival, Inc.

     31,162        748,823  

Sleep Number Corp.*

     10,592        260,457  

Sonic Automotive, Inc., Class A

     47,381        2,262,917  

Sportsman’s Warehouse Holdings, Inc.*(a)

     49,569        222,565  

Tile Shop Holdings, Inc.*

     38,095        209,142  

Tilly’s, Inc., Class A*

     22,777        184,949  

Torrid Holdings, Inc.*(a)

     143,144        316,348  

Upbound Group, Inc.

     67,907        1,999,861  

Winmark Corp.

     1,477        551,113  

Zumiez, Inc.*

     22,628        402,778  
     

 

 

 
Total Specialty Retail

 

     29,906,372  
Technology Hardware, Storage & Peripherals – 0.3%

 

Avid Technology, Inc.*

     14,129        379,646  

Corsair Gaming, Inc.*

     18,361        266,785  

Eastman Kodak Co.*

     16,747        70,505  

Immersion Corp.

     31,106        205,611  

Xerox Holdings Corp.

     42,347        664,425  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     1,586,972  
Textiles, Apparel & Luxury Goods – 2.1%

 

Figs, Inc., Class A*(a)

     38,354        226,289  

Fossil Group, Inc.*

     12,418        25,581  

G-III Apparel Group Ltd.*

     124,751        3,108,795  

Hanesbrands, Inc.

     514,836        2,038,751  

Kontoor Brands, Inc.

     40,076        1,759,737  

Lakeland Industries, Inc.

     1,989        29,974  

Levi Strauss & Co., Class A(a)

     188,043        2,553,624  

Movado Group, Inc.

     24,194        661,706  

Oxford Industries, Inc.

     9,916        953,225  

Rocky Brands, Inc.

     6,889        101,268  

Superior Group of Cos., Inc.

     6,064        47,178  

Vera Bradley, Inc.*

     22,610        149,452  

Wolverine World Wide, Inc.

     104,031        838,490  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     12,494,070  
Tobacco – 0.3%

 

Turning Point Brands, Inc.

     17,726      409,293  

Universal Corp.

     10,003        472,242  

Vector Group Ltd.

     81,460        866,734  
     

 

 

 
Total Tobacco

 

     1,748,269  
Trading Companies & Distributors – 2.4%

 

Alta Equipment Group, Inc.

     10,991        132,551  

BlueLinx Holdings, Inc.*

     17,600        1,444,784  

Custom Truck One Source, Inc.*(a)

     51,239        317,682  

Distribution Solutions Group, Inc.*

     11,620        302,120  

DXP Enterprises, Inc.*

     11,978        418,511  

Global Industrial Co.

     24,234        811,839  

GMS, Inc.*

     49,268        3,151,674  

H&E Equipment Services, Inc.

     21,136        912,864  

Hudson Technologies, Inc.*

     61,265        814,824  

McGrath RentCorp

     9,546        956,891  

MRC Global, Inc.*

     49,883        511,301  

NOW, Inc.*

     43,515        516,523  

Titan Machinery, Inc.*

     14,775        392,720  

Transcat, Inc.*

     2,914        285,485  

Veritiv Corp.

     19,140        3,232,746  
     

 

 

 
Total Trading Companies & Distributors

 

     14,202,515  
Water Utilities – 0.2%

 

Artesian Resources Corp., Class A

     6,402        268,820  

Middlesex Water Co.

     3,815        252,744  

Pure Cycle Corp.*

     12,035        115,536  

SJW Group

     6,863        412,535  

York Water Co.

     4,711        176,615  
     

 

 

 
Total Water Utilities

 

     1,226,250  
Wireless Telecommunication Services – 0.6%

 

Gogo, Inc.*

     118,365        1,412,094  

Telephone & Data Systems, Inc.

     34,716        635,650  

U.S. Cellular Corp.*

     29,832        1,281,881  
     

 

 

 
Total Wireless Telecommunication Services

 

     3,329,625  
Total United States

 

     582,971,157  
Philippines – 0.1%

 

Professional Services – 0.1%

 

TaskUS, Inc., Class A*(a)

     46,157        479,110  
TOTAL COMMON STOCKS
(Cost: $614,935,256)

 

     583,450,267  
WARRANTS – 0.0%

 

United States – 0.0%

 

OmniAb, Inc.,

     

exercise price $12.50, expiring 11/1/27*†

     2,562        0  

exercise price $15.00, expiring 11/1/27*†

     2,562        0  
TOTAL WARRANTS
(Cost: $0)

 

     0  

 

See Notes to Financial Statements.

 

WisdomTree Trust      91  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.0%

 

United States – 2.0%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(b)

     
(Cost: $11,901,818)      11,901,818      $ 11,901,818  
TOTAL INVESTMENTS IN SECURITIES – 102.0%
(Cost: $626,837,074)

 

     595,352,085  

Other Assets less Liabilities – (2.0)%

 

     (11,567,774
     

 

 

 
NET ASSETS – 100.0%

 

   $ 583,784,311  
* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $0, which represents 0.0% of net assets.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $36,155,778. The Fund also had securities on loan having a total market value of $138,813 that were sold and pending settlement. The total market value of the collateral held by the Fund was $37,364,791. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $25,462,973.

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

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, 2023 were as follows:

 

Affiliate    Value at
3/31/2023
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2023
     Dividend
Income
 

WisdomTree U.S. MidCap Fund^

   $ 1,253,597      $      $ 1,282,999      $ (74,853    $ 104,255      $      $ 4,789  
^ 

As of September 30, 2023, 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, 2023 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

   $ 583,450,267      $      $      $ 583,450,267  

Warrants

                   0 *       0  

Investment of Cash Collateral for Securities Loaned

            11,901,818               11,901,818  

Total Investments in Securities

   $ 583,450,267      $ 11,901,818      $ 0      $ 595,352,085  
* 

Fair valuations using significant unobservable inputs were determined by a valuation committee of WisdomTree Asset Management, Inc. in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

See Notes to Financial Statements.

 

92   WisdomTree Trust


Schedule of Investments (unaudited)

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

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%

 

United States – 99.6%

 

Aerospace & Defense – 0.8%

 

Kaman Corp.

     35,348      $ 694,588  

Moog, Inc., Class A

     11,300        1,276,448  

National Presto Industries, Inc.

     3,602        261,001  
     

 

 

 
Total Aerospace & Defense

 

     2,232,037  
Automobile Components – 3.0%

 

Dana, Inc.

     110,176        1,616,282  

LCI Industries

     33,409        3,922,885  

Patrick Industries, Inc.

     23,051        1,730,208  

Standard Motor Products, Inc.

     20,459        687,831  
     

 

 

 
Total Automobile Components

 

     7,957,206  
Automobiles – 0.4%

 

Winnebago Industries, Inc.

     18,655        1,109,040  
Banks – 6.6%

 

Amalgamated Financial Corp.

     16,023        275,916  

Arrow Financial Corp.

     13,481        229,443  

Bank7 Corp.

     6,802        153,113  

Cambridge Bancorp

     7,546        470,040  

Capital City Bank Group, Inc.

     11,999        357,930  

CF Bankshares, Inc.

     2,665        45,092  

Citizens Financial Services, Inc.

     1,924        92,198  

Civista Bancshares, Inc.

     13,457        208,584  

Eagle Bancorp Montana, Inc.

     5,691        67,268  

Esquire Financial Holdings, Inc.

     3,071        140,314  

Farmers National Banc Corp.

     51,271        592,693  

FB Financial Corp.

     19,461        551,914  

First Bancorp, Inc.

     8,705        204,568  

First Commonwealth Financial Corp.

     101,967        1,245,017  

First Savings Financial Group, Inc.

     5,090        76,096  

FS Bancorp, Inc.

     6,712        198,004  

German American Bancorp, Inc.

     23,280        630,655  

Greene County Bancorp, Inc.

     5,046        121,356  

Hilltop Holdings, Inc.

     44,509        1,262,275  

Hingham Institution for Savings(a)

     722        134,834  

Home Bancorp, Inc.

     6,804        216,843  

Independent Bank Corp.

     25,726        471,815  

Lakeland Bancorp, Inc.

     67,308        849,427  

Live Oak Bancshares, Inc.

     12,115        350,729  

Macatawa Bank Corp.

     31,416        281,487  

MainStreet Bancshares, Inc.

     4,339        89,123  

Mercantile Bank Corp.

     20,176        623,640  

Meridian Corp.

     10,382        101,692  

Mid Penn Bancorp, Inc.

     13,206        265,837  

MVB Financial Corp.

     13,103        295,866  

National Bank Holdings Corp., Class A

     28,830        857,981  

Northeast Bank

     2,172        95,785  

Northrim Bancorp, Inc.

     7,141        282,926  

Orange County Bancorp, Inc.

     3,578        154,462  

Origin Bancorp, Inc.

     15,750        454,703  

Parke Bancorp, Inc.

     13,914        226,659  

Pathward Financial, Inc.

     8,020        369,642  

Peoples Financial Services Corp.

     6,250      250,625  

Plumas Bancorp

     4,163        142,125  

Provident Bancorp, Inc.*

     19,434        188,315  

Seacoast Banking Corp. of Florida

     44,655        980,624  

Stock Yards Bancorp, Inc.

     15,669        615,635  

Summit State Bank

     4,213        69,388  

Union Bankshares, Inc.

     3,983        89,219  

Unity Bancorp, Inc.

     6,402        149,999  

Veritex Holdings, Inc.

     45,084        809,258  

Westamerica BanCorp

     24,418        1,056,078  
     

 

 

 
Total Banks

 

     17,397,193  
Beverages – 0.3%

 

MGP Ingredients, Inc.

     6,437        678,975  
Building Products – 1.4%

 

Armstrong World Industries, Inc.

     20,480        1,474,560  

CSW Industrials, Inc.

     4,330        758,789  

Griffon Corp.

     21,796        864,647  

Insteel Industries, Inc.

     5,466        177,427  

Quanex Building Products Corp.

     15,412        434,156  
     

 

 

 
Total Building Products

 

     3,709,579  
Capital Markets – 11.5%

 

Artisan Partners Asset Management, Inc., Class A

     116,598        4,363,097  

BGC Group, Inc., Class A

     100,368        529,943  

Cohen & Steers, Inc.

     50,913        3,191,736  

Diamond Hill Investment Group, Inc.

     3,420        576,509  

Federated Hermes, Inc.

     80,912        2,740,489  

Hamilton Lane, Inc., Class A

     27,702        2,505,369  

Moelis & Co., Class A

     111,815        5,046,211  

Oppenheimer Holdings, Inc., Class A

     5,823        223,079  

P10, Inc., Class A

     17,565        204,632  

Piper Sandler Cos.

     9,954        1,446,416  

PJT Partners, Inc., Class A

     10,184        809,017  

Silvercrest Asset Management Group, Inc., Class A

     13,504        214,309  

StepStone Group, Inc., Class A

     55,637        1,757,017  

Value Line, Inc.

     3,595        157,173  

Victory Capital Holdings, Inc., Class A

     75,023        2,501,267  

Virtu Financial, Inc., Class A

     135,987        2,348,496  

Virtus Investment Partners, Inc.

     7,903        1,596,327  
     

 

 

 
Total Capital Markets

 

     30,211,087  
Chemicals – 6.8%

 

AdvanSix, Inc.

     13,383        415,944  

American Vanguard Corp.

     8,147        89,047  

Chase Corp.

     3,518        447,595  

FutureFuel Corp.

     41,380        296,695  

Hawkins, Inc.

     9,786        575,906  

Innospec, Inc.

     9,718        993,179  

Koppers Holdings, Inc.

     5,891        232,989  

Kronos Worldwide, Inc.

     194,356        1,506,259  

Mativ Holdings, Inc.

     92,830        1,323,756  

Minerals Technologies, Inc.

     8,636        472,907  

NewMarket Corp.

     8,352        3,800,494  

Quaker Chemical Corp.

     5,556        888,960  

Scotts Miracle-Gro Co.(a)

     85,154        4,400,759  

 

See Notes to Financial Statements.

 

WisdomTree Trust      93  


Schedule of Investments (unaudited) (continued)

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

September 30, 2023

 

 

 

Investments    Shares      Value  

Sensient Technologies Corp.

     29,691      $ 1,736,330  

Stepan Co.

     9,596        719,412  
     

 

 

 
Total Chemicals

 

     17,900,232  
Commercial Services & Supplies – 4.0%

 

ABM Industries, Inc.

     36,497        1,460,245  

ACCO Brands Corp.

     161,596        927,561  

Brady Corp., Class A

     29,206        1,603,993  

Brink’s Co.

     20,569        1,494,132  

Deluxe Corp.

     75,846        1,432,731  

Ennis, Inc.

     37,214        789,681  

Interface, Inc.

     15,976        156,725  

Steelcase, Inc., Class A

     168,049        1,877,107  

UniFirst Corp.

     4,196        683,990  

VSE Corp.

     3,902        196,817  
     

 

 

 
Total Commercial Services & Supplies

 

     10,622,982  
Construction & Engineering – 0.8%

 

Argan, Inc.

     12,530        570,365  

Granite Construction, Inc.

     21,085        801,652  

Primoris Services Corp.

     20,557        672,831  
     

 

 

 
Total Construction & Engineering

 

     2,044,848  
Construction Materials – 0.1%

 

U.S. Lime & Minerals, Inc.

     1,512        303,912  
Consumer Finance – 0.6%

 

Bread Financial Holdings, Inc.

     35,035        1,198,197  

Regional Management Corp.

     13,335        369,113  
     

 

 

 
Total Consumer Finance

 

     1,567,310  
Consumer Staples Distribution & Retail – 1.0%

 

Ingles Markets, Inc., Class A

     4,107        309,380  

Natural Grocers by Vitamin Cottage, Inc.

     32,947        425,346  

PriceSmart, Inc.

     12,726        947,196  

Weis Markets, Inc.

     14,018        883,134  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     2,565,056  
Containers & Packaging – 0.2%

 

Myers Industries, Inc.

     28,372        508,710  
Diversified Consumer Services – 1.1%

 

Carriage Services, Inc.

     9,923        280,325  

Graham Holdings Co., Class B

     1,295        754,985  

Strategic Education, Inc.

     23,846        1,794,411  
     

 

 

 
Total Diversified Consumer Services

 

     2,829,721  
Diversified REITs – 0.2%

 

NexPoint Diversified Real Estate Trust(a)

     56,943        495,974  
Electric Utilities – 0.7%

 

MGE Energy, Inc.

     27,017        1,850,934  

Via Renewables, Inc.

     3,043        22,062  
     

 

 

 
Total Electric Utilities

 

     1,872,996  
Electrical Equipment – 1.1%

 

Allient, Inc.

     4,288        132,585  

Encore Wire Corp.

     5,330        972,512  

EnerSys

     12,289        1,163,399  

LSI Industries, Inc.

     17,669        280,584  

Preformed Line Products Co.

     1,734      281,914  
     

 

 

 
Total Electrical Equipment

 

     2,830,994  
Electronic Equipment, Instruments & Components – 1.8%

 

Advanced Energy Industries, Inc.

     10,545        1,087,400  

Badger Meter, Inc.

     8,012        1,152,687  

Benchmark Electronics, Inc.

     26,991        654,802  

Climb Global Solutions, Inc.

     3,778        162,492  

Methode Electronics, Inc.

     14,039        320,791  

Richardson Electronics Ltd.

     3,866        42,255  

Vontier Corp.

     44,513        1,376,342  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     4,796,769  
Energy Equipment & Services – 0.7%

 

Cactus, Inc., Class A

     17,384        872,851  

RPC, Inc.

     67,255        601,260  

Solaris Oilfield Infrastructure, Inc., Class A

     46,602        496,777  
     

 

 

 
Total Energy Equipment & Services

 

     1,970,888  
Entertainment – 0.4%

 

TKO Group Holdings, Inc.

     12,077        1,015,193  
Financial Services – 1.9%

 

A-Mark Precious Metals, Inc.

     18,165        532,779  

Merchants Bancorp

     16,733        463,839  

PennyMac Financial Services, Inc.

     22,892        1,524,607  

Walker & Dunlop, Inc.

     29,891        2,219,108  

Waterstone Financial, Inc.

     35,581        389,612  
     

 

 

 
Total Financial Services

 

     5,129,945  
Food Products – 0.2%

 

Alico, Inc.

     13,632        340,255  

John B Sanfilippo & Son, Inc.

     2,996        296,005  
     

 

 

 
Total Food Products

 

     636,260  
Gas Utilities – 0.4%

 

Chesapeake Utilities Corp.

     10,552        1,031,458  
Ground Transportation – 0.9%

 

ArcBest Corp.

     7,084        720,089  

Heartland Express, Inc.

     22,161        325,545  

Universal Logistics Holdings, Inc.

     10,693        269,250  

Werner Enterprises, Inc.

     24,553        956,339  
     

 

 

 
Total Ground Transportation

 

     2,271,223  
Health Care Equipment & Supplies – 0.4%

 

Atrion Corp.

     838        346,237  

LeMaitre Vascular, Inc.

     8,273        450,713  

Utah Medical Products, Inc.

     1,670        143,620  
     

 

 

 
Total Health Care Equipment & Supplies

 

     940,570  
Health Care Providers & Services – 2.5%

 

National Research Corp.

     10,230        453,905  

Patterson Cos., Inc.

     111,672        3,309,958  

Select Medical Holdings Corp.

     84,479        2,134,785  

U.S. Physical Therapy, Inc.

     7,896        724,300  
     

 

 

 
Total Health Care Providers & Services

 

     6,622,948  
Health Care REITs – 0.4%

 

Universal Health Realty Income Trust

     23,410        946,466  

 

See Notes to Financial Statements.

 

94   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

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

September 30, 2023

 

 

 

Investments    Shares      Value  
Health Care Technology – 0.1%

 

Simulations Plus, Inc.

     5,584      $ 232,853  
Hotels, Restaurants & Leisure – 3.3%

 

Bloomin’ Brands, Inc.

     76,968        1,892,643  

Bluegreen Vacations Holding Corp.

     15,438        566,266  

Canterbury Park Holding Corp.

     2,644        53,488  

Cheesecake Factory, Inc.

     56,072        1,698,982  

Cracker Barrel Old Country Store, Inc.

     38,302        2,573,894  

RCI Hospitality Holdings, Inc.

     2,634        159,779  

Red Rock Resorts, Inc., Class A

     43,568        1,786,288  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     8,731,340  
Household Durables – 1.6%

 

Century Communities, Inc.

     16,931        1,130,652  

Hamilton Beach Brands Holding Co., Class A

     7,461        92,591  

Installed Building Products, Inc.

     13,655        1,705,373  

La-Z-Boy, Inc.

     41,905        1,294,027  

Lifetime Brands, Inc.

     14,727        82,913  
     

 

 

 
Total Household Durables

 

     4,305,556  
Household Products – 1.6%

 

Energizer Holdings, Inc.

     78,995        2,531,000  

WD-40 Co.

     7,993        1,624,497  
     

 

 

 
Total Household Products

 

     4,155,497  
Insurance – 2.3%

 

American Equity Investment Life Holding Co.*

     25,134        1,348,188  

AMERISAFE, Inc.

     14,386        720,307  

Crawford & Co., Class A

     20,261        189,238  

Employers Holdings, Inc.

     21,200        846,940  

Horace Mann Educators Corp.

     45,307        1,331,120  

Investors Title Co.

     970        143,647  

Stewart Information Services Corp.

     36,625        1,604,175  
     

 

 

 
Total Insurance

 

     6,183,615  
Interactive Media & Services – 0.3%

 

Shutterstock, Inc.

     20,896        795,093  
IT Services – 0.3%

 

Hackett Group, Inc.

     20,356        480,198  

Information Services Group, Inc.

     46,350        203,013  
     

 

 

 
Total IT Services

 

     683,211  
Leisure Products – 1.6%

 

Acushnet Holdings Corp.

     35,375        1,876,290  

Escalade, Inc.

     13,804        211,339  

Johnson Outdoors, Inc., Class A

     6,776        370,579  

Marine Products Corp.

     13,245        188,212  

Smith & Wesson Brands, Inc.

     50,741        655,066  

Sturm Ruger & Co., Inc.

     15,375        801,345  
     

 

 

 
Total Leisure Products

 

     4,102,831  
Life Sciences Tools & Services – 0.3%

 

Bio-Techne Corp.

     11,146        758,708  
Machinery – 6.8%

 

Alamo Group, Inc.

     3,321        574,068  

Albany International Corp., Class A

     8,475        731,223  

Astec Industries, Inc.

     9,190        432,941  

Barnes Group, Inc.

     25,563      868,375  

Douglas Dynamics, Inc.

     22,725        685,841  

ESCO Technologies, Inc.

     7,132        744,866  

Federal Signal Corp.

     16,442        982,081  

Hillenbrand, Inc.

     37,629        1,592,083  

John Bean Technologies Corp.

     8,846        930,068  

Kadant, Inc.

     3,248        732,586  

Kennametal, Inc.

     80,439        2,001,322  

Lindsay Corp.

     3,151        370,810  

Mueller Water Products, Inc., Class A

     106,882        1,355,264  

Omega Flex, Inc.

     4,443        349,797  

REV Group, Inc.

     29,766        476,256  

Shyft Group, Inc.

     10,336        154,730  

Standex International Corp.

     4,367        636,228  

Tennant Co.

     10,262        760,927  

Terex Corp.

     25,577        1,473,747  

Trinity Industries, Inc.

     79,051        1,924,892  
     

 

 

 
Total Machinery

 

     17,778,105  
Marine Transportation – 0.8%

 

Matson, Inc.

     24,699        2,191,295  
Media – 0.9%

 

Entravision Communications Corp., Class A

     41,132        150,132  

Gray Television, Inc.

     78,358        542,237  

John Wiley & Sons, Inc., Class A

     45,063        1,674,992  
     

 

 

 
Total Media

 

     2,367,361  
Metals & Mining – 4.5%

 

Alpha Metallurgical Resources, Inc.

     5,552        1,442,021  

Arch Resources, Inc.

     32,693        5,579,387  

Materion Corp.

     5,593        569,983  

Ryerson Holding Corp.

     25,951        754,914  

Schnitzer Steel Industries, Inc., Class A

     20,029        557,808  

Warrior Met Coal, Inc.

     14,020        716,142  

Worthington Industries, Inc.

     35,869        2,217,421  
     

 

 

 
Total Metals & Mining

 

     11,837,676  
Office REITs – 1.7%

 

SL Green Realty Corp.

     122,014        4,551,122  
Oil, Gas & Consumable Fuels – 3.6%

 

CONSOL Energy, Inc.

     64,590        6,776,137  

Evolution Petroleum Corp.

     60,803        415,892  

NACCO Industries, Inc., Class A

     3,953        138,632  

PHX Minerals, Inc.

     35,284        128,434  

Sitio Royalties Corp., Class A

     22,482        544,289  

VAALCO Energy, Inc.

     94,669        415,597  

World Kinect Corp.

     42,519        953,701  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     9,372,682  
Personal Care Products – 2.4%

 

Edgewell Personal Care Co.

     24,162        893,028  

Inter Parfums, Inc.

     20,633        2,771,837  

Medifast, Inc.

     18,766        1,404,635  

Nu Skin Enterprises, Inc., Class A

     58,869        1,248,611  
     

 

 

 
Total Personal Care Products

 

     6,318,111  

 

See Notes to Financial Statements.

 

WisdomTree Trust      95  


Schedule of Investments (unaudited) (continued)

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

September 30, 2023

 

 

 

Investments    Shares      Value  
Pharmaceuticals – 0.1%

 

Phibro Animal Health Corp., Class A

     27,581      $ 352,209  
Professional Services – 2.4%

 

Barrett Business Services, Inc.

     3,021        272,615  

BGSF, Inc.

     10,030        96,388  

CRA International, Inc.

     3,005        302,784  

CSG Systems International, Inc.

     18,558        948,685  

Heidrick & Struggles International, Inc.

     14,010        350,530  

HireQuest, Inc.

     4,678        72,182  

ICF International, Inc.

     5,091        615,044  

Kelly Services, Inc., Class A

     21,089        383,609  

Kforce, Inc.

     14,687        876,226  

Korn Ferry

     18,953        899,130  

Resources Connection, Inc.

     32,910        490,688  

TTEC Holdings, Inc.

     33,532        879,209  
     

 

 

 
Total Professional Services

 

     6,187,090  
Real Estate Management & Development – 0.8%

 

eXp World Holdings, Inc.(a)

     72,704        1,180,713  

Marcus & Millichap, Inc.

     18,470        541,910  

Newmark Group, Inc., Class A

     71,480        459,616  
     

 

 

 
Total Real Estate Management & Development

 

     2,182,239  
Retail REITs – 0.5%

 

Alexander’s, Inc.

     6,557        1,194,882  
Software – 1.5%

 

A10 Networks, Inc.

     31,386        471,731  

Ebix, Inc.(a)

     17,620        174,086  

InterDigital, Inc.

     27,272        2,188,305  

Progress Software Corp.

     18,834        990,292  
     

 

 

 
Total Software

 

     3,824,414  
Specialty Retail – 4.4%

 

Big 5 Sporting Goods Corp.

     36,832        258,192  

Buckle, Inc.

     50,582        1,688,933  

Caleres, Inc.

     15,736        452,567  

Camping World Holdings, Inc., Class A

     78,264        1,597,368  

Group 1 Automotive, Inc.

     4,123        1,107,891  

Guess?, Inc.

     76,448        1,654,335  

Haverty Furniture Cos., Inc.

     18,093        520,717  

Hibbett, Inc.

     6,818        323,923  

Monro, Inc.

     24,377        676,949  

Shoe Carnival, Inc.

     13,825        332,215  

Upbound Group, Inc.

     99,559        2,932,013  
     

 

 

 
Total Specialty Retail

 

     11,545,103  
Technology Hardware, Storage & Peripherals – 0.0%

 

Immersion Corp.

     19,816        130,984  
Textiles, Apparel & Luxury Goods – 4.9%

 

Carter’s, Inc.

     50,794        3,512,405  

Kontoor Brands, Inc.

     77,946        3,422,609  

Levi Strauss & Co., Class A

     89,910        1,220,978  

Movado Group, Inc.

     23,281        636,735  

Oxford Industries, Inc.

     10,444        1,003,982  

Rocky Brands, Inc.

     6,213        91,331  

Steven Madden Ltd.

     61,314        1,947,946  

Superior Group of Cos., Inc.

     27,989      217,754  

Wolverine World Wide, Inc.

     95,433        769,190  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     12,822,930  
Tobacco – 0.1%

 

Turning Point Brands, Inc.

     6,482        149,669  
Trading Companies & Distributors – 1.9%

 

Boise Cascade Co.

     11,424        1,177,129  

Global Industrial Co.

     26,942        902,557  

H&E Equipment Services, Inc.

     31,210        1,347,960  

McGrath RentCorp

     14,831        1,486,659  
     

 

 

 
Total Trading Companies & Distributors

 

     4,914,305  
Water Utilities – 0.6%

 

California Water Service Group

     27,702        1,310,582  

Global Water Resources, Inc.

     17,270        168,382  
     

 

 

 
Total Water Utilities

 

     1,478,964  
Wireless Telecommunication Services – 0.1%

 

Shenandoah Telecommunications Co.

     14,664        302,225  
Total United States

 

     261,649,642  
Puerto Rico – 0.3%

 

Financial Services – 0.3%

 

EVERTEC, Inc.

     18,895        702,516  
TOTAL COMMON STOCKS
(Cost: $269,693,154)

 

     262,352,158  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.6%

 

United States – 0.6%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(b)

     
(Cost: $1,701,425)      1,701,425        1,701,425  
TOTAL INVESTMENTS IN SECURITIES – 100.5%
(Cost: $271,394,579)

 

     264,053,583  

Other Assets less Liabilities – (0.5)%

        (1,366,069
     

 

 

 
NET ASSETS – 100.0%

 

   $ 262,687,514  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $6,103,887 and the total market value of the collateral held by the Fund was $6,313,765. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $4,612,340.

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

See Notes to Financial Statements.

 

96   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

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

September 30, 2023

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 262,352,158      $      $      $ 262,352,158  

Investment of Cash Collateral for Securities Loaned

            1,701,425               1,701,425  

Total Investments in Securities

   $ 262,352,158      $ 1,701,425      $      $ 264,053,583  

 

See Notes to Financial Statements.

 

WisdomTree Trust      97  


Schedule of Investments (unaudited)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.7%

 

United States – 99.6%

 

Aerospace & Defense – 1.5%

 

BWX Technologies, Inc.

     4,354      $ 326,463  

General Dynamics Corp.

     8,800        1,944,536  

HEICO Corp., Class A

     2,188        282,733  

Howmet Aerospace, Inc.

     4,902        226,718  

Huntington Ingalls Industries, Inc.

     1,566        320,372  

L3Harris Technologies, Inc.

     5,652        984,126  

Lockheed Martin Corp.

     14,346        5,866,940  

Northrop Grumman Corp.

     3,155        1,388,799  

RTX Corp.

     48,815        3,513,216  

Textron, Inc.

     2,861        223,559  

Woodward, Inc.

     1,709        212,360  
     

 

 

 
Total Aerospace & Defense

 

     15,289,822  
Air Freight & Logistics – 1.2%

 

CH Robinson Worldwide, Inc.

     7,231        622,806  

Expeditors International of Washington, Inc.

     4,772        547,014  

FedEx Corp.

     10,406        2,756,758  

United Parcel Service, Inc., Class B

     54,961        8,566,771  
     

 

 

 
Total Air Freight & Logistics

 

     12,493,349  
Automobile Components – 0.1%

 

BorgWarner, Inc.

     7,018        283,317  

Dana, Inc.

     5,312        77,927  

Gentex Corp.

     7,887        256,643  

LCI Industries

     2,306        270,770  

Lear Corp.

     2,529        339,392  

Patrick Industries, Inc.

     3,203        240,417  
     

 

 

 
Total Automobile Components

 

     1,468,466  
Automobiles – 0.4%

 

Ford Motor Co.

     266,482        3,309,706  

General Motors Co.

     21,410        705,888  

Harley-Davidson, Inc.

     4,300        142,158  

Thor Industries, Inc.

     3,036        288,815  

Winnebago Industries, Inc.

     3,247        193,034  
     

 

 

 
Total Automobiles

 

     4,639,601  
Banks – 6.9%

 

Associated Banc-Corp.

     10,403        177,995  

Atlantic Union Bankshares Corp.

     3,982        114,602  

Banc of California, Inc.

     55        681  

BancFirst Corp.

     1,217        105,550  

Bank of America Corp.

     302,047        8,270,047  

Bank of Hawaii Corp.

     1,217        60,473  

Bank OZK

     8,711        322,917  

BankUnited, Inc.

     5,824        132,205  

Banner Corp.

     3,017        127,860  

BOK Financial Corp.

     3,137        250,897  

Brookline Bancorp, Inc.

     24,366        221,974  

Cadence Bank

     8,603        182,556  

Capitol Federal Financial, Inc.

     26,596        126,863  

Cathay General Bancorp

     1,979        68,790  

Citigroup, Inc.

     128,989        5,305,318  

Citizens Community Bancorp, Inc.

     16,453      157,949  

Citizens Financial Group, Inc.

     31,059        832,381  

City Holding Co.

     2,949        266,442  

Columbia Banking System, Inc.

     18,753        380,686  

Comerica, Inc.

     6,995        290,642  

Commerce Bancshares, Inc.

     4,100        196,718  

Community Trust Bancorp, Inc.

     6,705        229,713  

Cullen/Frost Bankers, Inc.

     3,729        340,122  

CVB Financial Corp.

     5,852        96,968  

Eagle Bancorp, Inc.

     4,835        103,711  

East West Bancorp, Inc.

     7,629        402,125  

Eastern Bankshares, Inc.

     5,418        67,942  

Enterprise Financial Services Corp.

     6,024        225,900  

Equity Bancshares, Inc., Class A

     8,757        210,781  

Fifth Third Bancorp

     41,965        1,062,973  

First Bancorp

     4,792        134,847  

First Busey Corp.

     12,239        235,234  

First Citizens BancShares, Inc., Class A

     218        300,862  

First Commonwealth Financial Corp.

     13,965        170,513  

First Financial Bancorp

     9,461        185,436  

First Financial Bankshares, Inc.

     6,903        173,403  

First Hawaiian, Inc.

     7,782        140,465  

First Interstate BancSystem, Inc., Class A

     7,616        189,943  

First Merchants Corp.

     3,339        92,891  

First National Corp.

     10,368        184,965  

Five Star Bancorp

     5,972        119,798  

FNB Corp.

     35,413        382,106  

Fulton Financial Corp.

     15,273        184,956  

German American Bancorp, Inc.

     10,198        276,264  

Glacier Bancorp, Inc.

     3,511        100,063  

Hancock Whitney Corp.

     3,813        141,043  

Hanmi Financial Corp.

     13,937        226,198  

Heartland Financial USA, Inc.

     5,411        159,246  

Hilltop Holdings, Inc.

     6,544        185,588  

Home BancShares, Inc.

     6,801        142,413  

HomeTrust Bancshares, Inc.

     8,990        194,813  

Hope Bancorp, Inc.

     23,220        205,497  

Huntington Bancshares, Inc.

     84,891        882,866  

Independent Bank Corp.

     1,105        54,244  

Independent Bank Group, Inc.

     1,894        74,908  

International Bancshares Corp.

     1,825        79,095  

JPMorgan Chase & Co.

     133,819        19,406,431  

KeyCorp

     64,679        695,946  

Lakeland Bancorp, Inc.

     19,899        251,125  

Lakeland Financial Corp.

     2,439        115,755  

M&T Bank Corp.

     7,723        976,573  

NBT Bancorp, Inc.

     5,124        162,380  

New York Community Bancorp, Inc.

     50,317        570,595  

Northwest Bancshares, Inc.

     18,840        192,733  

OceanFirst Financial Corp.

     13,697        198,196  

Old National Bancorp

     12,353        179,613  

Pacific Premier Bancorp, Inc.

     8,011        174,319  

PacWest Bancorp

     3,036        24,015  

Park National Corp.

     1,028        97,167  

 

See Notes to Financial Statements.

 

98   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  

Partners Bancorp

     29,416      $ 227,974  

Peoples Bancorp, Inc.

     9,675        245,551  

Pinnacle Financial Partners, Inc.

     1,653        110,817  

PNC Financial Services Group, Inc.

     23,695        2,909,035  

Premier Financial Corp.

     10,690        182,371  

Prosperity Bancshares, Inc.

     3,529        192,613  

Provident Financial Services, Inc.

     12,225        186,920  

QCR Holdings, Inc.

     3,835        186,074  

Regions Financial Corp.

     52,130        896,636  

S&T Bancorp, Inc.

     13,540        366,663  

Sandy Spring Bancorp, Inc.

     9,011        193,106  

Seacoast Banking Corp. of Florida

     6,327        138,941  

ServisFirst Bancshares, Inc.

     1,600        83,472  

Simmons First National Corp., Class A

     8,040        136,358  

Southern States Bancshares, Inc.

     4,918        111,098  

Southside Bancshares, Inc.

     6,622        190,051  

SouthState Corp.

     3,508        236,299  

Summit State Bank

     9,916        163,317  

Synovus Financial Corp.

     8,039        223,484  

Tompkins Financial Corp.

     4,679        229,224  

Towne Bank

     5,223        119,763  

TriCo Bancshares

     4,088        130,939  

Truist Financial Corp.

     94,934        2,716,062  

U.S. Bancorp

     146,106        4,830,264  

UMB Financial Corp.

     1,734        107,595  

United Bankshares, Inc.

     5,325        146,917  

United Community Banks, Inc.

     3,475        88,300  

Valley National Bancorp

     28,684        245,535  

Veritex Holdings, Inc.

     9,208        165,284  

Washington Federal, Inc.

     9,334        239,137  

Washington Trust Bancorp, Inc.

     6,134        161,508  

Webster Financial Corp.

     8,593        346,384  

Wells Fargo & Co.

     153,674        6,279,120  

WesBanco, Inc.

     4,392        107,253  

Westamerica BanCorp

     4,551        196,831  

Western Alliance Bancorp

     3,698        169,997  

Wintrust Financial Corp.

     1,534        115,817  

Zions Bancorp NA

     5,796        202,222  
     

 

 

 
Total Banks

 

     72,175,218  
Beverages – 3.1%

 

Brown-Forman Corp., Class A(a)

     2,457        142,752  

Brown-Forman Corp., Class B

     6,387        368,466  

Coca-Cola Co.

     267,810        14,992,004  

Constellation Brands, Inc., Class A

     3,577        899,007  

Keurig Dr Pepper, Inc.

     67,150        2,119,925  

Molson Coors Beverage Co., Class B

     9,713        617,650  

PepsiCo, Inc.

     77,746        13,173,282  
     

 

 

 
Total Beverages

 

     32,313,086  
Biotechnology – 3.5%

 

AbbVie, Inc.

     143,209        21,346,734  

Amgen, Inc.

     32,621        8,767,220  

Gilead Sciences, Inc.

     94,181        7,057,924  
     

 

 

 
Total Biotechnology

 

     37,171,878  
Broadline Retail – 0.1%

 

eBay, Inc.

     16,769      739,345  

Kohl’s Corp.(a)

     12,998        272,438  

Macy’s, Inc.

     13,957        162,041  

Nordstrom, Inc.(a)

     11,458        171,183  
     

 

 

 
Total Broadline Retail

 

     1,345,007  
Building Products – 0.4%

 

A O Smith Corp.

     4,540        300,230  

Advanced Drainage Systems, Inc.

     1,473        167,672  

Armstrong World Industries, Inc.

     2,202        158,544  

AZZ, Inc.

     8,236        375,397  

Carlisle Cos., Inc.

     1,528        396,149  

Carrier Global Corp.

     18,248        1,007,290  

Fortune Brands Innovations, Inc.

     5,819        361,709  

Lennox International, Inc.

     1,044        390,915  

Masco Corp.

     7,068        377,785  

Owens Corning

     3,051        416,187  

Simpson Manufacturing Co., Inc.

     1,913        286,587  

UFP Industries, Inc.

     2,276        233,062  

Zurn Elkay Water Solutions Corp.

     5,309        148,758  
     

 

 

 
Total Building Products

 

     4,620,285  
Capital Markets – 3.8%

 

Ameriprise Financial, Inc.

     3,374        1,112,340  

Ares Management Corp., Class A

     8,999        925,727  

Artisan Partners Asset Management, Inc., Class A

     8,692        325,255  

Bank of New York Mellon Corp.

     40,584        1,730,908  

BlackRock, Inc.

     6,146        3,973,328  

Blue Owl Capital, Inc.

     33,025        428,004  

Carlyle Group, Inc.

     24,684        744,469  

Cboe Global Markets, Inc.

     3,790        592,036  

Charles Schwab Corp.

     29,673        1,629,048  

CME Group, Inc.

     12,074        2,417,456  

Cohen & Steers, Inc.

     3,574        224,054  

Evercore, Inc., Class A

     2,252        310,506  

FactSet Research Systems, Inc.

     631        275,911  

Federated Hermes, Inc.

     7,073        239,563  

Franklin Resources, Inc.

     33,020        811,632  

Goldman Sachs Group, Inc.

     13,271        4,294,097  

Hamilton Lane, Inc., Class A

     2,063        186,578  

Houlihan Lokey, Inc.

     2,904        311,076  

Interactive Brokers Group, Inc., Class A

     1,426        123,435  

Intercontinental Exchange, Inc.

     12,067        1,327,611  

Jefferies Financial Group, Inc.

     12,352        452,454  

LPL Financial Holdings, Inc.

     1,095        260,227  

MarketAxess Holdings, Inc.

     605        129,252  

Moelis & Co., Class A

     5,990        270,329  

Moody’s Corp.

     2,696        852,394  

Morgan Stanley

     85,976        7,021,660  

Morningstar, Inc.

     2        468  

MSCI, Inc.

     1,238        635,193  

Nasdaq, Inc.

     14,088        684,536  

Northern Trust Corp.

     10,786        749,411  

Raymond James Financial, Inc.

     5,121        514,302  

 

See Notes to Financial Statements.

 

WisdomTree Trust      99  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  

S&P Global, Inc.

     4,806      $ 1,756,160  

Sculptor Capital Management, Inc.

     5,913        68,591  

SEI Investments Co.

     2,981        179,546  

State Street Corp.

     18,631        1,247,532  

StepStone Group, Inc., Class A

     12        379  

Stifel Financial Corp.

     3,916        240,599  

T Rowe Price Group, Inc.

     13,408        1,406,097  

TPG, Inc.

     4,724        142,287  

Tradeweb Markets, Inc., Class A

     2,304        184,781  

Victory Capital Holdings, Inc., Class A

     8,104        270,187  

Virtu Financial, Inc., Class A

     7,446        128,592  

Virtus Investment Partners, Inc.

     1,371        276,928  
     

 

 

 
Total Capital Markets

 

     39,454,939  
Chemicals – 1.4%

 

Air Products & Chemicals, Inc.

     6,967        1,974,448  

Albemarle Corp.

     1,576        267,983  

Ashland, Inc.

     1,905        155,600  

Avient Corp.

     6,108        215,735  

Cabot Corp.

     3,398        235,379  

Celanese Corp.(a)

     4,731        593,835  

CF Industries Holdings, Inc.

     6,978        598,294  

Chemours Co.

     8,387        235,255  

Corteva, Inc.

     12,342        631,417  

Dow, Inc.

     56,650        2,920,874  

DuPont de Nemours, Inc.

     14,102        1,051,868  

Eastman Chemical Co.

     7,140        547,781  

Ecolab, Inc.

     6,251        1,058,919  

Element Solutions, Inc.

     10,576        207,395  

FMC Corp.

     3,534        236,672  

Huntsman Corp.

     14,389        351,092  

Kronos Worldwide, Inc.

     18,384        142,476  

Mativ Holdings, Inc.

     7,528        107,349  

Mosaic Co.

     7,081        252,084  

NewMarket Corp.

     445        202,493  

Olin Corp.

     5,121        255,948  

PPG Industries, Inc.

     6,632        860,834  

RPM International, Inc.

     4,204        398,581  

Scotts Miracle-Gro Co.(a)

     4,863        251,320  

Sensient Technologies Corp.

     2,507        146,609  

Sherwin-Williams Co.

     3,731        951,592  

Westlake Corp.

     2,711        337,980  
     

 

 

 
Total Chemicals

 

     15,189,813  
Commercial Services & Supplies – 0.6%

 

ABM Industries, Inc.

     3,268        130,753  

Brady Corp., Class A

     4,629        254,225  

Brink’s Co.

     1,890        137,289  

Cintas Corp.

     2,302        1,107,285  

Deluxe Corp.

     2,881        54,422  

HNI Corp.

     10,450        361,883  

MillerKnoll, Inc.

     11,891        290,735  

MSA Safety, Inc.

     1,268        199,900  

Pitney Bowes, Inc.

     17,012        51,376  

Republic Services, Inc.

     7,886        1,123,834  

Rollins, Inc.

     17,211      642,487  

Tetra Tech, Inc.

     1,162        176,659  

Waste Management, Inc.

     13,961        2,128,215  
     

 

 

 
Total Commercial Services & Supplies

 

     6,659,063  
Communications Equipment – 1.6%

 

Cisco Systems, Inc.

     284,689        15,304,881  

Juniper Networks, Inc.

     16,965        471,457  

Motorola Solutions, Inc.

     4,096        1,115,095  

Ubiquiti, Inc.(a)

     262        38,069  
     

 

 

 
Total Communications Equipment

 

     16,929,502  
Construction & Engineering – 0.1%

 

AECOM

     3,370        279,845  

MDU Resources Group, Inc.

     12,216        239,189  

Quanta Services, Inc.

     1,814        339,345  
     

 

 

 
Total Construction & Engineering

 

     858,379  
Construction Materials – 0.1%

 

Eagle Materials, Inc.

     1,204        200,490  

Martin Marietta Materials, Inc.

     997        409,249  

Vulcan Materials Co.

     2,295        463,636  
     

 

 

 
Total Construction Materials

 

     1,073,375  
Consumer Finance – 0.7%

 

Ally Financial, Inc.

     23,471        626,206  

American Express Co.

     14,911        2,224,572  

Bread Financial Holdings, Inc.

     3,901        133,414  

Capital One Financial Corp.

     14,916        1,447,598  

Discover Financial Services

     9,627        833,987  

FirstCash Holdings, Inc.

     3,682        369,599  

Navient Corp.

     10,204        175,713  

OneMain Holdings, Inc.

     12,650        507,138  

SLM Corp.

     12,258        166,954  

Synchrony Financial

     18,973        580,005  
     

 

 

 
Total Consumer Finance

 

     7,065,186  
Consumer Staples Distribution & Retail – 2.0%

 

Albertsons Cos., Inc., Class A

     19,803        450,518  

Casey’s General Stores, Inc.

     733        199,024  

Costco Wholesale Corp.

     7,290        4,118,559  

Dollar General Corp.

     3,159        334,222  

Kroger Co.

     24,449        1,094,093  

SpartanNash Co.

     8,769        192,918  

Sysco Corp.

     26,533        1,752,505  

Target Corp.

     19,449        2,150,476  

Walgreens Boots Alliance, Inc.

     60,846        1,353,215  

Walmart, Inc.

     60,638        9,697,835  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     21,343,365  
Containers & Packaging – 0.5%

 

AptarGroup, Inc.

     2,009        251,205  

Avery Dennison Corp.

     1,918        350,361  

Berry Global Group, Inc.

     3,248        201,084  

Graphic Packaging Holding Co.

     16,663        371,252  

Greif, Inc., Class A

     4,761        318,082  

International Paper Co.

     26,975        956,803  

 

See Notes to Financial Statements.

 

100   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  

Packaging Corp. of America

     7,520      $ 1,154,696  

Pactiv Evergreen, Inc.

     12,974        105,479  

Sealed Air Corp.

     3,664        120,399  

Silgan Holdings, Inc.

     1,603        69,105  

Sonoco Products Co.

     7,570        411,430  

Westrock Co.

     12,874        460,889  
     

 

 

 
Total Containers & Packaging

 

     4,770,785  
Distributors – 0.2%

 

Genuine Parts Co.

     6,215        897,322  

LKQ Corp.

     9,427        466,731  

Pool Corp.

     1,004        357,524  
     

 

 

 
Total Distributors

 

     1,721,577  
Diversified Consumer Services – 0.1%

 

ADT, Inc.

     24,649        147,894  

H&R Block, Inc.

     10,852        467,287  

Service Corp. International

     4,813        275,015  

Strategic Education, Inc.

     3,184        239,596  
     

 

 

 
Total Diversified Consumer Services

 

     1,129,792  
Diversified REITs – 0.1%

 

Broadstone Net Lease, Inc.

     55        787  

Essential Properties Realty Trust, Inc.

     8,795        190,236  

WP Carey, Inc.

     13,355        722,238  
     

 

 

 
Total Diversified REITs

 

     913,261  
Diversified Telecommunication Services – 0.9%

 

AT&T, Inc.

     633,206        9,510,754  

Cogent Communications Holdings, Inc.

     6,260        387,494  
     

 

 

 
Total Diversified Telecommunication Services

 

     9,898,248  
Electric Utilities – 3.3%

 

ALLETE, Inc.

     3,968        209,510  

Alliant Energy Corp.

     12,887        624,375  

American Electric Power Co., Inc.

     40,192        3,023,242  

Avangrid, Inc.

     23,667        714,033  

Constellation Energy Corp.

     4,336        472,971  

Duke Energy Corp.

     44,991        3,970,906  

Edison International

     24,899        1,575,858  

Entergy Corp.

     11,273        1,042,753  

Evergy, Inc.

     14,799        750,309  

Eversource Energy

     23,353        1,357,977  

Exelon Corp.

     49,775        1,880,997  

FirstEnergy Corp.

     47,386        1,619,653  

Hawaiian Electric Industries, Inc.

     5,810        71,521  

IDACORP, Inc.

     3,333        312,135  

MGE Energy, Inc.

     3,213        220,123  

NextEra Energy, Inc.

     91,455        5,239,457  

NRG Energy, Inc.

     11,855        456,655  

OGE Energy Corp.

     22,244        741,393  

Otter Tail Corp.

     3,509        266,403  

Pinnacle West Capital Corp.

     7,362        542,432  

PNM Resources, Inc.

     4,663        208,016  

Portland General Electric Co.

     8,274        334,932  

PPL Corp.

     36,035        848,985  

Southern Co.

     98,174      6,353,821  

Xcel Energy, Inc.

     33,607        1,922,993  
     

 

 

 
Total Electric Utilities

 

     34,761,450  
Electrical Equipment – 0.4%

 

AMETEK, Inc.

     3,280        484,653  

Emerson Electric Co.

     20,550        1,984,513  

Hubbell, Inc.

     2,727        854,669  

Regal Rexnord Corp.

     1,577        225,322  

Rockwell Automation, Inc.

     3,360        960,523  
     

 

 

 
Total Electrical Equipment

 

     4,509,680  
Electronic Equipment, Instruments & Components – 0.5%

 

Amphenol Corp., Class A

     14,187        1,191,566  

Avnet, Inc.

     6,362        306,585  

CDW Corp.

     2,833        571,586  

Climb Global Solutions, Inc.

     1,897        81,590  

Cognex Corp.

     3,378        143,362  

Corning, Inc.

     41,541        1,265,754  

Crane NXT Co.

     3,995        222,002  

Jabil, Inc.

     2,874        364,682  

Littelfuse, Inc.

     832        205,770  

National Instruments Corp.

     7,140        425,687  

Richardson Electronics Ltd.

     1,889        20,647  

TD SYNNEX Corp.

     2,866        286,199  

Vishay Intertechnology, Inc.

     8,408        207,846  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     5,293,276  
Energy Equipment & Services – 0.3%

 

Archrock, Inc.

     20,867        262,924  

Baker Hughes Co.

     41,037        1,449,427  

ChampionX Corp.

     5,756        205,029  

Halliburton Co.

     23,288        943,164  

Helmerich & Payne, Inc.

     4,633        195,327  

NOV, Inc.

     11,989        250,570  

Patterson-UTI Energy, Inc.

     9,918        137,265  
     

 

 

 
Total Energy Equipment & Services

 

     3,443,706  
Entertainment – 0.1%

 

Electronic Arts, Inc.

     3,870        465,948  

Warner Music Group Corp., Class A

     4,937        155,022  
     

 

 

 
Total Entertainment

 

     620,970  
Financial Services – 1.7%

 

Apollo Global Management, Inc.

     21,306        1,912,427  

Enact Holdings, Inc.

     10,667        290,462  

Equitable Holdings, Inc.

     15,506        440,215  

Fidelity National Information Services, Inc.

     23,413        1,294,037  

Global Payments, Inc.

     4,499        519,140  

Jack Henry & Associates, Inc.

     2,159        326,311  

Jackson Financial, Inc., Class A

     8,082        308,894  

Mastercard, Inc., Class A

     11,783        4,665,008  

MGIC Investment Corp.

     21,389        356,982  

PennyMac Financial Services, Inc.

     1,904        126,806  

Radian Group, Inc.

     15,300        384,183  

TFS Financial Corp.

     21,210        250,702  

UWM Holdings Corp.

     10,688        51,837  

 

See Notes to Financial Statements.

 

WisdomTree Trust      101  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  

Visa, Inc., Class A

     30,703      $ 7,061,997  

Voya Financial, Inc.

     2,102        139,678  

Walker & Dunlop, Inc.

     1,819        135,043  
     

 

 

 
Total Financial Services

 

     18,263,722  
Food Products – 1.6%

 

Archer-Daniels-Midland Co.

     16,199        1,221,729  

Cal-Maine Foods, Inc.

     4,988        241,519  

Campbell Soup Co.

     13,728        563,946  

Conagra Brands, Inc.

     26,155        717,170  

Flowers Foods, Inc.

     18,449        409,199  

General Mills, Inc.

     33,832        2,164,910  

Hershey Co.

     6,564        1,313,325  

Hormel Foods Corp.

     20,124        765,316  

Ingredion, Inc.

     3,751        369,098  

J M Smucker Co.

     4,874        599,063  

Kellogg Co.

     24,151        1,437,226  

Kraft Heinz Co.

     75,179        2,529,021  

Lamb Weston Holdings, Inc.

     3,193        295,225  

Lancaster Colony Corp.

     819        135,160  

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

     8,155        616,844  

Mondelez International, Inc., Class A

     46,668        3,238,759  

Tyson Foods, Inc., Class A

     12,484        630,317  
     

 

 

 
Total Food Products

 

     17,247,827  
Gas Utilities – 0.3%

 

Atmos Energy Corp.

     6,572        696,172  

Chesapeake Utilities Corp.

     2,917        285,137  

National Fuel Gas Co.

     7,519        390,311  

New Jersey Resources Corp.

     9,067        368,392  

Northwest Natural Holding Co.

     6,809        259,831  

ONE Gas, Inc.

     3,914        267,248  

Southwest Gas Holdings, Inc.

     4,002        241,761  

Spire, Inc.

     3,217        182,018  

UGI Corp.

     9,024        207,552  
     

 

 

 
Total Gas Utilities

 

     2,898,422  
Ground Transportation – 1.2%

 

CSX Corp.

     62,300        1,915,725  

JB Hunt Transport Services, Inc.

     2,242        422,662  

Knight-Swift Transportation Holdings, Inc.

     2,821        141,473  

Landstar System, Inc.

     983        173,932  

Norfolk Southern Corp.

     10,702        2,107,545  

Old Dominion Freight Line, Inc.

     1,646        673,445  

Ryder System, Inc.

     4,117        440,313  

Union Pacific Corp.

     34,110        6,945,819  
     

 

 

 
Total Ground Transportation

 

     12,820,914  
Health Care Equipment & Supplies – 1.1%

 

Abbott Laboratories

     69,114        6,693,691  

Becton Dickinson & Co.

     6,117        1,581,428  

Cooper Cos., Inc.

     637        202,572  

Dentsply Sirona, Inc.

     8,469        289,301  

ResMed, Inc.

     2,011        297,367  

Stryker Corp.

     6,642        1,815,059  

Teleflex, Inc.

     794        155,950  

Zimmer Biomet Holdings, Inc.

     2,793      313,430  
     

 

 

 
Total Health Care Equipment & Supplies

 

     11,348,798  
Health Care Providers & Services – 2.8%

 

Cardinal Health, Inc.

     11,570        1,004,507  

Cencora, Inc.

     3,958        712,321  

Chemed Corp.

     296        153,831  

Cigna Group

     9,841        2,815,215  

CVS Health Corp.

     63,603        4,440,762  

Elevance Health, Inc.

     5,600        2,438,352  

Encompass Health Corp.

     3,674        246,746  

HCA Healthcare, Inc.

     4,238        1,042,463  

Humana, Inc.

     1,910        929,253  

Laboratory Corp. of America Holdings

     1,992        400,492  

McKesson Corp.

     1,914        832,303  

Patterson Cos., Inc.

     7,771        230,332  

Premier, Inc., Class A

     409        8,794  

Quest Diagnostics, Inc.

     3,662        446,251  

Select Medical Holdings Corp.

     5,966        150,761  

UnitedHealth Group, Inc.

     25,791        13,003,564  

Universal Health Services, Inc., Class B

     1,279        160,809  
     

 

 

 
Total Health Care Providers & Services

 

     29,016,756  
Health Care REITs – 0.4%

 

Healthpeak Properties, Inc.

     28,146        516,761  

Omega Healthcare Investors, Inc.

     26,632        883,117  

Physicians Realty Trust

     9,145        111,478  

Sabra Health Care REIT, Inc.

     15,950        222,343  

Ventas, Inc.

     19,088        804,177  

Welltower, Inc.

     21,451        1,757,266  
     

 

 

 
Total Health Care REITs

 

     4,295,142  
Hotel & Resort REITs – 0.1%

 

Apple Hospitality REIT, Inc.

     19,480        298,823  

Host Hotels & Resorts, Inc.

     16,896        271,519  
     

 

 

 
Total Hotel & Resort REITs

 

     570,342  
Hotels, Restaurants & Leisure – 2.0%

 

Aramark

     5,800        201,260  

Bloomin’ Brands, Inc.

     10,910        268,277  

Boyd Gaming Corp.

     3,342        203,294  

Cheesecake Factory, Inc.

     6,708        203,252  

Choice Hotels International, Inc.

     991        121,407  

Churchill Downs, Inc.

     1,956        226,974  

Cracker Barrel Old Country Store, Inc.

     2,393        160,810  

Darden Restaurants, Inc.

     9,461        1,355,005  

Dine Brands Global, Inc.

     3,367        166,498  

Domino’s Pizza, Inc.

     917        347,351  

Hilton Worldwide Holdings, Inc.

     3,091        464,206  

Jack in the Box, Inc.

     1,835        126,725  

Marriott International, Inc., Class A

     7,086        1,392,824  

Marriott Vacations Worldwide Corp.

     1,739        174,996  

McDonald’s Corp.

     36,431        9,597,383  

Papa John’s International, Inc.(a)

     5        341  

Red Rock Resorts, Inc., Class A

     2,960        121,360  

Starbucks Corp.

     35,034        3,197,553  

 

See Notes to Financial Statements.

 

102   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  

Texas Roadhouse, Inc.

     4,070      $ 391,127  

Travel & Leisure Co.

     6,577        241,573  

Vail Resorts, Inc.

     1,921        426,251  

Wendy’s Co.

     9,496        193,813  

Wyndham Hotels & Resorts, Inc.

     5,158        358,687  

Yum! Brands, Inc.

     10,449        1,305,498  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     21,246,465  
Household Durables – 0.3%

 

Century Communities, Inc.

     6,915        461,784  

DR Horton, Inc.

     5,394        579,693  

KB Home

     8,117        375,655  

La-Z-Boy, Inc.

     9,466        292,310  

Leggett & Platt, Inc.

     9,403        238,930  

Lennar Corp., Class A

     7,258        814,565  

MDC Holdings, Inc.

     5,063        208,747  

PulteGroup, Inc.

     5,339        395,353  

Tempur Sealy International, Inc.

     5,326        230,829  

Toll Brothers, Inc.

     11        814  
     

 

 

 
Total Household Durables

 

     3,598,680  
Household Products – 1.9%

 

Church & Dwight Co., Inc.

     5,437        498,192  

Clorox Co.

     5,922        776,137  

Colgate-Palmolive Co.

     43,661        3,104,734  

Energizer Holdings, Inc.

     6,102        195,508  

Kimberly-Clark Corp.

     16,816        2,032,214  

Procter & Gamble Co.

     87,178        12,715,783  

Reynolds Consumer Products, Inc.

     9,990        256,044  

Spectrum Brands Holdings, Inc.

     2,392        187,413  
     

 

 

 
Total Household Products

 

     19,766,025  
Independent Power & Renewable Electricity Producers – 0.2%

 

AES Corp.

     23,205        352,716  

Clearway Energy, Inc., Class A

     5,115        101,891  

Clearway Energy, Inc., Class C

     8,074        170,846  

Vistra Corp.

     31,173        1,034,320  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     1,659,773  
Industrial Conglomerates – 0.8%

 

3M Co.

     39,762        3,722,519  

General Electric Co.

     14,124        1,561,408  

Honeywell International, Inc.

     19,350        3,574,719  
     

 

 

 
Total Industrial Conglomerates

 

     8,858,646  
Industrial REITs – 0.5%

 

Americold Realty Trust, Inc.

     4,693        142,714  

EastGroup Properties, Inc.

     1,937        322,569  

First Industrial Realty Trust, Inc.

     5,765        274,357  

Innovative Industrial Properties, Inc.

     2        151  

LXP Industrial Trust

     11,457        101,967  

Prologis, Inc.

     36,172        4,058,860  

Rexford Industrial Realty, Inc.

     4,003        197,548  

STAG Industrial, Inc.

     7,700        265,727  
     

 

 

 
Total Industrial REITs

 

     5,363,893  
Insurance – 2.6%

 

Aflac, Inc.

     32,465      $ 2,491,689  

Allstate Corp.

     10,632        1,184,511  

American Financial Group, Inc.

     3,104        346,624  

American International Group, Inc.

     33,947        2,057,188  

Arthur J Gallagher & Co.

     3,826        872,060  

Assurant, Inc.

     1,914        274,812  

Brown & Brown, Inc.

     4,768        332,997  

Cincinnati Financial Corp.

     6,564        671,432  

CNA Financial Corp.

     15,175        597,136  

CNO Financial Group, Inc.

     9,332        221,448  

Erie Indemnity Co., Class A

     1,383        406,312  

Fidelity National Financial, Inc.

     16,854        696,070  

First American Financial Corp.

     6,620        373,964  

Globe Life, Inc.

     1,300        141,349  

Hanover Insurance Group, Inc.

     2,210        245,266  

Hartford Financial Services Group, Inc.

     15,569        1,103,998  

Horace Mann Educators Corp.

     6,586        193,497  

Kemper Corp.

     2,974        124,997  

Loews Corp.

     2,205        139,598  

Marsh & McLennan Cos., Inc.

     16,217        3,086,095  

Mercury General Corp.

     3,957        110,915  

MetLife, Inc.

     34,603        2,176,875  

Old Republic International Corp.

     24,619        663,236  

Primerica, Inc.

     1,602        310,804  

Principal Financial Group, Inc.

     16,447        1,185,335  

Progressive Corp.

     6,519        908,097  

Prudential Financial, Inc.

     24,355        2,311,046  

Reinsurance Group of America, Inc.

     4,077        591,940  

RLI Corp.

     944        128,280  

Safety Insurance Group, Inc.

     2,748        187,386  

Selective Insurance Group, Inc.

     1,721        177,556  

Stewart Information Services Corp.

     4,324        189,391  

Travelers Cos., Inc.

     10,195        1,664,945  

Unum Group

     16,648        818,915  

W R Berkley Corp.

     5,184        329,132  
     

 

 

 
Total Insurance

 

     27,314,896  
Interactive Media & Services – 0.0%

 

Shutterstock, Inc.

     4,058        154,407  
IT Services – 0.9%

 

Cognizant Technology Solutions Corp., Class A

     14,670        993,746  

International Business Machines Corp.

     59,848        8,396,674  
     

 

 

 
Total IT Services

 

     9,390,420  
Leisure Products – 0.1%

 

Acushnet Holdings Corp.

     2,716        144,057  

Brunswick Corp.

     2,723        215,117  

Hasbro, Inc.

     9,746        644,600  

Polaris, Inc.

     2,340        243,688  

Sturm Ruger & Co., Inc.

     3,286        171,266  
     

 

 

 
Total Leisure Products

 

     1,418,728  
Life Sciences Tools & Services – 0.5%

 

Agilent Technologies, Inc.

     4,291        479,819  

 

See Notes to Financial Statements.

 

WisdomTree Trust      103  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  

Bruker Corp.

     2,110      $ 131,453  

Danaher Corp.

     8,849        2,195,437  

Revvity, Inc.

     2,101        232,581  

Thermo Fisher Scientific, Inc.

     4,646        2,351,666  

West Pharmaceutical Services, Inc.

     1,144        429,240  
     

 

 

 
Total Life Sciences Tools & Services

 

     5,820,196  
Machinery – 2.5%

 

AGCO Corp.

     1,337        158,140  

Allison Transmission Holdings, Inc.

     5,883        347,450  

Caterpillar, Inc.

     24,092        6,577,116  

Cummins, Inc.

     5,766        1,317,300  

Deere & Co.

     4,937        1,863,125  

Donaldson Co., Inc.

     8,217        490,062  

Dover Corp.

     4,522        630,864  

Flowserve Corp.

     7,421        295,133  

Fortive Corp.

     5,667        420,265  

Graco, Inc.

     6,798        495,438  

Hillenbrand, Inc.

     3,907        165,305  

IDEX Corp.

     2,134        443,915  

Illinois Tool Works, Inc.

     15,851        3,650,644  

Ingersoll Rand, Inc.

     6,943        442,408  

ITT, Inc.

     4,116        402,998  

Kennametal, Inc.

     26        647  

Lincoln Electric Holdings, Inc.

     3,121        567,367  

Mueller Industries, Inc.

     3,406        255,995  

Mueller Water Products, Inc., Class A

     22,662        287,354  

Nordson Corp.

     1,950        435,182  

Oshkosh Corp.

     2,308        220,252  

Otis Worldwide Corp.

     14,133        1,135,021  

PACCAR, Inc.

     16,106        1,369,332  

Parker-Hannifin Corp.

     3,856        1,501,989  

Snap-on, Inc.

     3,350        854,451  

Timken Co.

     5,134        377,298  

Toro Co.

     3,407        283,122  

Trinity Industries, Inc.

     6,972        169,768  

Westinghouse Air Brake Technologies Corp.

     3,072        326,461  

Xylem, Inc.

     3,331        303,221  
     

 

 

 
Total Machinery

 

     25,787,623  
Marine Transportation – 0.0%

 

Matson, Inc.

     1,992        176,730  
Media – 1.3%

 

Cable One, Inc.

     271        166,838  

Comcast Corp., Class A

     202,047        8,958,764  

Fox Corp., Class A

     15,408        480,730  

Fox Corp., Class B

     1,636        47,248  

Gray Television, Inc.

     4,594        31,790  

Interpublic Group of Cos., Inc.

     22,328        639,921  

John Wiley & Sons, Inc., Class A

     3,764        139,908  

New York Times Co., Class A

     4,772        196,606  

News Corp., Class A

     19,131        383,768  

News Corp., Class B(a)

     37        772  

Nexstar Media Group, Inc.

     2,133        305,808  

Omnicom Group, Inc.

     11,726        873,353  

Paramount Global, Class B

     51,169      $ 660,080  

Sirius XM Holdings, Inc.(a)

     145,118        655,933  

TEGNA, Inc.

     13,503        196,739  
     

 

 

 
Total Media

 

     13,738,258  
Metals & Mining – 0.5%

 

Alcoa Corp.

     1,322        38,417  

Arch Resources, Inc.

     2,043        348,658  

Commercial Metals Co.

     7,753        383,076  

Freeport-McMoRan, Inc.

     35,194        1,312,384  

Kaiser Aluminum Corp.

     1,911        143,822  

Nucor Corp.

     7,853        1,227,817  

Reliance Steel & Aluminum Co.

     2,824        740,537  

Royal Gold, Inc.

     2,666        283,476  

Steel Dynamics, Inc.

     5,505        590,246  

U.S. Steel Corp.

     4,029        130,862  
     

 

 

 
Total Metals & Mining

 

     5,199,295  
Multi-Utilities – 1.4%

 

Ameren Corp.

     10,331        773,069  

Avista Corp.

     5,270        170,590  

Black Hills Corp.

     3,556        179,898  

CenterPoint Energy, Inc.

     35,001        939,777  

CMS Energy Corp.

     13,963        741,575  

Consolidated Edison, Inc.

     24,503        2,095,741  

Dominion Energy, Inc.

     56,512        2,524,391  

DTE Energy Co.

     14,333        1,422,980  

NiSource, Inc.

     23,545        581,090  

Northwestern Energy Group, Inc.

     3,747        180,081  

Public Service Enterprise Group, Inc.

     26,271        1,495,083  

Sempra

     28,206        1,918,854  

WEC Energy Group, Inc.

     15,034        1,210,989  
     

 

 

 
Total Multi-Utilities

 

     14,234,118  
Office REITs – 0.1%

 

Alexandria Real Estate Equities, Inc.

     6,280        628,628  

Cousins Properties, Inc.

     8,125        165,506  

Highwoods Properties, Inc.

     35        721  

Kilroy Realty Corp.

     25        790  

Piedmont Office Realty Trust, Inc., Class A

     35,148        197,532  

SL Green Realty Corp.

     3,408        127,119  
     

 

 

 
Total Office REITs

 

     1,120,296  
Oil, Gas & Consumable Fuels – 10.8%

 

Antero Midstream Corp.

     66,595        797,808  

APA Corp.

     11,250        462,375  

California Resources Corp.

     4,605        257,926  

Cheniere Energy, Inc.

     5,708        947,300  

Chesapeake Energy Corp.(a)

     16,110        1,389,165  

Chevron Corp.

     141,532        23,865,126  

Chord Energy Corp.

     4,694        760,757  

Civitas Resources, Inc.(a)

     10,270        830,535  

Comstock Resources, Inc.

     19,403        214,015  

ConocoPhillips

     48,949        5,864,090  

CONSOL Energy, Inc.

     4,823        505,981  

Coterra Energy, Inc.

     91,007        2,461,739  

 

See Notes to Financial Statements.

 

104   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  

CVR Energy, Inc.

     10,943      $ 372,390  

Devon Energy Corp.

     75,008        3,577,882  

Diamondback Energy, Inc.

     16,915        2,619,795  

DT Midstream, Inc.

     7,547        399,387  

EOG Resources, Inc.

     32,335        4,098,785  

EQT Corp.

     9,726        394,681  

Equitrans Midstream Corp.

     47,192        442,189  

Exxon Mobil Corp.

     316,503        37,214,423  

Hess Corp.

     6,111        934,983  

HF Sinclair Corp.

     11,212        638,299  

Kinetik Holdings, Inc.(a)

     5,198        175,432  

Magnolia Oil & Gas Corp., Class A

     9,239        211,665  

Marathon Oil Corp.

     16,983        454,295  

Marathon Petroleum Corp.

     19,993        3,025,741  

Matador Resources Co.

     2,818        167,615  

Murphy Oil Corp.

     8,261        374,636  

Northern Oil & Gas, Inc.

     8,119        326,627  

Occidental Petroleum Corp.

     16,194        1,050,667  

Ovintiv, Inc.

     8,896        423,183  

PBF Energy, Inc., Class A

     7,178        384,238  

Permian Resources Corp.(a)

     14,160        197,674  

Phillips 66

     26,032        3,127,745  

Pioneer Natural Resources Co.

     26,599        6,105,800  

Range Resources Corp.

     6,277        203,438  

Sitio Royalties Corp., Class A

     8,038        194,600  

SM Energy Co.

     4,220        167,323  

Targa Resources Corp.

     7,598        651,301  

Texas Pacific Land Corp.

     133        242,533  

Valero Energy Corp.

     27,801        3,939,680  

Williams Cos., Inc.

     87,146        2,935,949  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     113,409,773  
Paper & Forest Products – 0.0%

 

Louisiana-Pacific Corp.

     2,481        137,125  

Sylvamo Corp.

     2,448        107,565  
     

 

 

 
Total Paper & Forest Products

 

     244,690  
Personal Care Products – 0.1%

 

Edgewell Personal Care Co.

     5,829        215,440  

Estee Lauder Cos., Inc., Class A

     4,219        609,857  

Inter Parfums, Inc.

     2,366        317,848  

Medifast, Inc.

     904        67,664  

Nu Skin Enterprises, Inc., Class A

     8,004        169,765  
     

 

 

 
Total Personal Care Products

 

     1,380,574  
Pharmaceuticals – 6.3%

 

Bristol-Myers Squibb Co.

     128,049        7,431,964  

Eli Lilly & Co.

     23,291        12,510,295  

Johnson & Johnson

     99,583        15,510,052  

Merck & Co., Inc.

     152,261        15,675,270  

Organon & Co.

     25,607        444,537  

Pfizer, Inc.

     398,868        13,230,452  

Viatris, Inc.

     83,929        827,540  

Zoetis, Inc.

     5,537        963,327  
     

 

 

 
Total Pharmaceuticals

 

     66,593,437  
Professional Services – 1.1%

 

Automatic Data Processing, Inc.

     18,176      4,372,782  

Booz Allen Hamilton Holding Corp.

     3,586        391,842  

Broadridge Financial Solutions, Inc.

     3,587        642,252  

Concentrix Corp.

     487        39,014  

Dun & Bradstreet Holdings, Inc.

     15,094        150,789  

Equifax, Inc.

     1,802        330,090  

Exponent, Inc.

     1,734        148,430  

Insperity, Inc.

     2,307        225,163  

Jacobs Solutions, Inc.

     2,092        285,558  

KBR, Inc.

     2,618        154,305  

Korn Ferry

     2,943        139,616  

Leidos Holdings, Inc.

     3,101        285,788  

ManpowerGroup, Inc.

     4,017        294,526  

Maximus, Inc.

     1,989        148,539  

Paychex, Inc.

     20,769        2,395,289  

Robert Half, Inc.

     4,498        329,614  

Science Applications International Corp.

     2,455        259,101  

SS&C Technologies Holdings, Inc.

     7,360        386,694  

TTEC Holdings, Inc.

     3,175        83,249  

Verisk Analytics, Inc.

     2,379        562,015  
     

 

 

 
Total Professional Services

 

     11,624,656  
Real Estate Management & Development – 0.0%

 

Kennedy-Wilson Holdings, Inc.

     54        796  
Residential REITs – 0.6%

 

American Homes 4 Rent, Class A

     6,741        227,104  

Apartment Income REIT Corp.

     10,048        308,474  

AvalonBay Communities, Inc.

     6,545        1,124,038  

Camden Property Trust

     2,926        276,741  

Equity LifeStyle Properties, Inc.

     4,585        292,111  

Equity Residential

     18,810        1,104,335  

Essex Property Trust, Inc.

     3,090        655,358  

Invitation Homes, Inc.

     18,336        581,068  

Mid-America Apartment Communities, Inc.

     6,554        843,172  

Sun Communities, Inc.

     2,401        284,134  

UDR, Inc.

     13,142        468,775  
     

 

 

 
Total Residential REITs

 

     6,165,310  
Retail REITs – 0.9%

 

Agree Realty Corp.

     3,342        184,612  

Brixmor Property Group, Inc.

     22,858        474,989  

Federal Realty Investment Trust

     5,355        485,324  

Kimco Realty Corp.

     31,899        561,103  

Kite Realty Group Trust

     8,071        172,881  

Macerich Co.

     18        196  

NNN REIT, Inc.

     15,274        539,783  

Realty Income Corp.

     41,307        2,062,872  

Regency Centers Corp.

     6,736        400,388  

Retail Opportunity Investments Corp.

     12,967        160,531  

Simon Property Group, Inc.

     36,227        3,913,603  

Spirit Realty Capital, Inc.

     14,232        477,199  

Tanger Factory Outlet Centers, Inc.

     5,648        127,645  
     

 

 

 
Total Retail REITs

 

     9,561,126  

 

See Notes to Financial Statements.

 

WisdomTree Trust      105  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  
Semiconductors & Semiconductor Equipment – 4.9%

 

Amkor Technology, Inc.

     6,340      $ 143,284  

Analog Devices, Inc.

     13,516        2,366,516  

Applied Materials, Inc.

     12,925        1,789,466  

Broadcom, Inc.

     18,874        15,676,367  

KLA Corp.

     3,308        1,517,247  

Lam Research Corp.

     3,209        2,011,305  

Microchip Technology, Inc.

     13,903        1,085,129  

Micron Technology, Inc.

     14,898        1,013,511  

MKS Instruments, Inc.

     1,838        159,061  

Monolithic Power Systems, Inc.

     779        359,898  

NVIDIA Corp.

     30,484        13,260,235  

Power Integrations, Inc.

     9        687  

QUALCOMM, Inc.

     40,879        4,540,022  

Skyworks Solutions, Inc.

     6,995        689,637  

Teradyne, Inc.

     2,541        255,269  

Texas Instruments, Inc.

     37,777        6,006,921  

Universal Display Corp.

     1,392        218,530  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     51,093,085  
Software – 4.7%

 

A10 Networks, Inc.

     8,139        122,329  

Bentley Systems, Inc., Class B

     4,823        241,922  

Dolby Laboratories, Inc., Class A

     2,074        164,385  

Gen Digital, Inc.

     21,589        381,694  

InterDigital, Inc.

     2,118        169,949  

Intuit, Inc.

     3,731        1,906,317  

Microsoft Corp.

     121,475        38,355,731  

Oracle Corp.

     66,248        7,016,988  

Roper Technologies, Inc.

     1,279        619,394  
     

 

 

 
Total Software

 

     48,978,709  
Specialized REITs – 1.9%

 

American Tower Corp.

     18,362        3,019,631  

Crown Castle, Inc.

     27,378        2,519,597  

CubeSmart

     15,844        604,132  

Digital Realty Trust, Inc.

     17,097        2,069,079  

EPR Properties

     8,730        362,644  

Equinix, Inc.

     2,151        1,562,185  

Extra Space Storage, Inc.

     11,391        1,384,918  

Gaming & Leisure Properties, Inc.

     18,370        836,754  

Iron Mountain, Inc.

     15,912        945,968  

Lamar Advertising Co., Class A

     7,488        625,023  

National Storage Affiliates Trust

     5,367        170,349  

PotlatchDeltic Corp.

     2,658        120,647  

Public Storage

     9,943        2,620,179  

Rayonier, Inc.

     4,301        122,406  

SBA Communications Corp.

     1,305        261,222  

Uniti Group, Inc.

     8,825        41,654  

VICI Properties, Inc.

     62,139        1,808,245  

Weyerhaeuser Co.

     16,070        492,706  
     

 

 

 
Total Specialized REITs

 

     19,567,339  
Specialty Retail – 2.2%

 

Advance Auto Parts, Inc.

     3,062        171,258  

Bath & Body Works, Inc.

     5,756      194,553  

Best Buy Co., Inc.

     14,480        1,005,926  

Big 5 Sporting Goods Corp.

     29        203  

Buckle, Inc.

     5,814        194,129  

Camping World Holdings, Inc., Class A

     2,665        54,393  

Dick’s Sporting Goods, Inc.

     2,128        231,058  

Foot Locker, Inc.

     6,443        111,786  

Gap, Inc.

     25,114        266,962  

Guess?, Inc.

     10,303        222,957  

Home Depot, Inc.

     36,437        11,009,804  

Lithia Motors, Inc.

     655        193,441  

Lowe’s Cos., Inc.

     18,739        3,894,714  

Penske Automotive Group, Inc.

     2,936        490,488  

Ross Stores, Inc.

     5,918        668,438  

TJX Cos., Inc.

     26,548        2,359,586  

Tractor Supply Co.

     2,937        596,358  

Upbound Group, Inc.

     7,207        212,246  

Valvoline, Inc.

     7,302        235,416  

Williams-Sonoma, Inc.

     3,378        524,941  
     

 

 

 
Total Specialty Retail

 

     22,638,657  
Technology Hardware, Storage & Peripherals – 4.0%

 

Apple, Inc.

     224,360        38,412,676  

Hewlett Packard Enterprise Co.

     60,967        1,058,997  

HP, Inc.

     56,453        1,450,842  

NetApp, Inc.

     11,709        888,479  

Xerox Holdings Corp.

     16,224        254,554  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     42,065,548  
Textiles, Apparel & Luxury Goods – 0.4%

 

Carter’s, Inc.

     2,081        143,901  

Columbia Sportswear Co.

     1,762        130,564  

Kontoor Brands, Inc.

     5,425        238,212  

Levi Strauss & Co., Class A

     9,799        133,070  

NIKE, Inc., Class B

     23,681        2,264,377  

Oxford Industries, Inc.

     1,459        140,254  

Ralph Lauren Corp.

     1,857        215,579  

Steven Madden Ltd.

     13        413  

Tapestry, Inc.

     13,552        389,620  

Wolverine World Wide, Inc.

     8,713        70,227  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     3,726,217  
Tobacco – 2.3%

 

Altria Group, Inc.

     193,625        8,141,931  

Philip Morris International, Inc.

     163,195        15,108,593  

Universal Corp.

     4,642        219,149  

Vector Group Ltd.

     26,639        283,439  
     

 

 

 
Total Tobacco

 

     23,753,112  
Trading Companies & Distributors – 0.6%

 

Air Lease Corp.

     6,198        244,263  

Applied Industrial Technologies, Inc.

     2,206        341,070  

Fastenal Co.

     33,003        1,803,284  

GATX Corp.

     1,270        138,214  

H&E Equipment Services, Inc.

     5,289        228,432  

Herc Holdings, Inc.

     1,450        172,463  

 

See Notes to Financial Statements.

 

106   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  

MSC Industrial Direct Co., Inc., Class A

     5,157      $ 506,160  

Rush Enterprises, Inc., Class A

     6,610        269,886  

Veritiv Corp.

     1,050        177,345  

Watsco, Inc.(a)

     2,703        1,020,977  

WW Grainger, Inc.

     1,355        937,443  
     

 

 

 
Total Trading Companies & Distributors

 

     5,839,537  
Water Utilities – 0.1%

 

American States Water Co.

     1,374        108,106  

American Water Works Co., Inc.

     5,459        675,988  

California Water Service Group

     2,656        125,656  

Essential Utilities, Inc.

     10,633        365,031  
     

 

 

 
Total Water Utilities

 

     1,274,781  
Wireless Telecommunication Services – 0.0%

 

Telephone & Data Systems, Inc.

     10,507        192,383  
Total United States

 

     1,046,573,181  
Puerto Rico – 0.1%

 

Banks – 0.1%

 

First Bancorp

     19,793        266,414  

OFG Bancorp

     11,832        353,303  

Popular, Inc.

     4,817        303,519  
Total Puerto Rico

 

     923,236  
TOTAL COMMON STOCKS
(Cost: $880,891,526)

 

     1,047,496,417  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.1%

 

United States – 0.1%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(b)

     
(Cost: $685,359)      685,359      685,359  

TOTAL INVESTMENTS IN SECURITIES – 99.8%

(Cost: $881,576,885)

 

 

     1,048,181,776  

Other Assets less Liabilities – 0.2%

        1,679,332  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,049,861,108  
(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $5,675,254 and the total market value of the collateral held by the Fund was $5,856,866. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $5,171,507.

 

(b) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 1,047,496,417      $      $      $ 1,047,496,417  

Investment of Cash Collateral for Securities Loaned

            685,359               685,359  

Total Investments in Securities

   $ 1,047,496,417      $ 685,359      $      $ 1,048,181,776  

 

See Notes to Financial Statements.

 

WisdomTree Trust      107  


Schedule of Investments (unaudited)

WisdomTree U.S. Value Fund (WTV)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%

 

United States – 99.9%

 

Aerospace & Defense – 1.1%

 

Woodward, Inc.

     13,881      $ 1,724,853  
Air Freight & Logistics – 1.6%

 

CH Robinson Worldwide, Inc.

     14,519        1,250,522  

Expeditors International of Washington, Inc.

     10,516        1,205,449  
     

 

 

 
Total Air Freight & Logistics

 

     2,455,971  
Biotechnology – 1.2%

 

Amgen, Inc.

     7,137        1,918,140  
Broadline Retail – 1.5%

 

Dillard’s, Inc., Class A

     2,645        874,993  

eBay, Inc.

     21,437        945,157  

Macy’s, Inc.

     44,705        519,025  
     

 

 

 
Total Broadline Retail

 

     2,339,175  
Building Products – 4.9%

 

Builders FirstSource, Inc.*

     21,969        2,734,921  

Fortune Brands Innovations, Inc.

     23,883        1,484,567  

Masco Corp.

     28,415        1,518,782  

Owens Corning

     14,735        2,010,001  
     

 

 

 
Total Building Products

 

     7,748,271  
Capital Markets – 1.9%

 

Affiliated Managers Group, Inc.

     4,587        597,870  

Jefferies Financial Group, Inc.

     25,951        950,585  

Morgan Stanley

     9,348        763,451  

T Rowe Price Group, Inc.

     6,787        711,753  
     

 

 

 
Total Capital Markets

 

     3,023,659  
Chemicals – 3.4%

 

Dow, Inc.

     29,327        1,512,100  

Eastman Chemical Co.

     17,022        1,305,928  

Mosaic Co.

     32,812        1,168,107  

Olin Corp.

     27,145        1,356,707  
     

 

 

 
Total Chemicals

 

     5,342,842  
Communications Equipment – 1.4%

 

Ciena Corp.*

     21,489        1,015,570  

Cisco Systems, Inc.

     20,599        1,107,402  
     

 

 

 
Total Communications Equipment

 

     2,122,972  
Construction & Engineering – 1.2%

 

EMCOR Group, Inc.

     8,934        1,879,624  
Consumer Finance – 1.6%

 

Credit Acceptance Corp.*

     1,977        909,657  

Discover Financial Services

     8,828        764,770  

Synchrony Financial

     27,022        826,063  
     

 

 

 
Total Consumer Finance

 

     2,500,490  
Containers & Packaging – 2.7%

 

Berry Global Group, Inc.

     23,689        1,466,586  

International Paper Co.

     39,868        1,414,118  

Westrock Co.

     36,304        1,299,683  
     

 

 

 
Total Containers & Packaging

 

     4,180,387  
Distributors – 0.5%

 

LKQ Corp.

     17,124      847,809  
Diversified Consumer Services – 1.0%

 

H&R Block, Inc.

     22,184        955,243  

Service Corp. International

     11,226        641,454  
     

 

 

 
Total Diversified Consumer Services

 

     1,596,697  
Electric Utilities – 1.6%

 

NRG Energy, Inc.

     44,149        1,700,619  

PPL Corp.

     33,917        799,085  
     

 

 

 
Total Electric Utilities

 

     2,499,704  
Electrical Equipment – 0.8%

 

Acuity Brands, Inc.

     7,141        1,216,184  
Electronic Equipment, Instruments & Components – 2.2%

 

Arrow Electronics, Inc.*

     13,349        1,671,829  

Jabil, Inc.

     14,628        1,856,147  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     3,527,976  
Financial Services – 2.0%

 

Equitable Holdings, Inc.

     31,927        906,408  

FleetCor Technologies, Inc.*

     5,095        1,300,957  

Voya Financial, Inc.

     15,145        1,006,385  
     

 

 

 
Total Financial Services

 

     3,213,750  
Food Products – 0.7%

 

Post Holdings, Inc.*

     12,512        1,072,779  
Ground Transportation – 2.8%

 

Avis Budget Group, Inc.*

     8,445        1,517,482  

CSX Corp.

     32,383        995,777  

Norfolk Southern Corp.

     4,268        840,497  

Union Pacific Corp.

     5,120        1,042,586  
     

 

 

 
Total Ground Transportation

 

     4,396,342  
Health Care Providers & Services – 8.1%

 

Cardinal Health, Inc.

     31,036        2,694,546  

Cigna Group

     6,287        1,798,522  

HCA Healthcare, Inc.

     10,566        2,599,025  

Laboratory Corp. of America Holdings

     9,876        1,985,570  

McKesson Corp.

     4,694        2,041,186  

Quest Diagnostics, Inc.

     13,868        1,689,954  
     

 

 

 
Total Health Care Providers & Services

 

     12,808,803  
Hotels, Restaurants & Leisure – 1.9%

 

Boyd Gaming Corp.

     13,797        839,271  

Darden Restaurants, Inc.

     5,726        820,078  

Marriott Vacations Worldwide Corp.

     6,788        683,076  

Wyndham Hotels & Resorts, Inc.

     9,651        671,131  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     3,013,556  
Household Durables – 4.0%

 

Lennar Corp., Class A

     9,259        1,039,138  

NVR, Inc.*

     197        1,174,770  

PulteGroup, Inc.

     20,865        1,545,053  

Tempur Sealy International, Inc.

     29,932        1,297,253  

Toll Brothers, Inc.

     16,311        1,206,361  
     

 

 

 
Total Household Durables

 

     6,262,575  

 

See Notes to Financial Statements.

 

108   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Value Fund (WTV)

September 30, 2023

 

 

 

Investments    Shares      Value  
Insurance – 9.2%

 

Aflac, Inc.

     15,605      $ 1,197,684  

Allstate Corp.

     11,014        1,227,070  

American International Group, Inc.

     24,027        1,456,036  

Fidelity National Financial, Inc.

     38,773        1,601,325  

First American Financial Corp.

     27,199        1,536,472  

Hartford Financial Services Group, Inc.

     17,758        1,259,220  

Loews Corp.

     18,079        1,144,581  

MetLife, Inc.

     18,840        1,185,224  

Primerica, Inc.

     7,936        1,539,663  

Principal Financial Group, Inc.

     16,613        1,197,299  

Prudential Financial, Inc.

     11,543        1,095,315  
     

 

 

 
Total Insurance

 

     14,439,889  
Interactive Media & Services – 2.4%

 

Meta Platforms, Inc., Class A*

     12,300        3,692,583  
IT Services – 1.5%

 

DXC Technology Co.*

     56,389        1,174,583  

GoDaddy, Inc., Class A*

     15,828        1,178,869  
     

 

 

 
Total IT Services

 

     2,353,452  
Leisure Products – 0.5%

 

Polaris, Inc.

     7,350        765,429  
Life Sciences Tools & Services – 1.1%

 

Medpace Holdings, Inc.*

     7,394        1,790,309  
Media – 5.3%

 

Charter Communications, Inc., Class A*

     3,919        1,723,654  

Comcast Corp., Class A

     39,870        1,767,836  

Fox Corp., Class A

     32,589        1,016,777  

Liberty Broadband Corp., Class C*

     16,929        1,545,956  

Nexstar Media Group, Inc.(a)

     7,710        1,105,383  

Omnicom Group, Inc.

     15,040        1,120,179  
     

 

 

 
Total Media

 

     8,279,785  
Metals & Mining – 4.5%

 

Alcoa Corp.

     27,515        799,586  

Nucor Corp.

     9,603        1,501,429  

Reliance Steel & Aluminum Co.

     5,163        1,353,894  

Steel Dynamics, Inc.

     13,282        1,424,096  

U.S. Steel Corp.

     60,154        1,953,802  
     

 

 

 
Total Metals & Mining

 

     7,032,807  
Oil, Gas & Consumable Fuels – 10.3%

 

Antero Resources Corp.*

     28,605        725,995  

APA Corp.

     35,524        1,460,037  

Chevron Corp.

     16,887        2,847,486  

ConocoPhillips

     8,623        1,033,035  

Devon Energy Corp.

     16,689        796,065  

Diamondback Energy, Inc.

     8,195        1,269,242  

Exxon Mobil Corp.

     7,831        920,769  

Magnolia Oil & Gas Corp., Class A

     53,019        1,214,665  

Marathon Oil Corp.

     55,695        1,489,841  

Marathon Petroleum Corp.

     13,295        2,012,065  

Ovintiv, Inc.

     19,830        943,313  

Valero Energy Corp.

     11,039      1,564,337  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     16,276,850  
Pharmaceuticals – 0.9%

 

Bristol-Myers Squibb Co.

     24,388        1,415,480  
Real Estate Management & Development – 2.0%

 

Jones Lang LaSalle, Inc.*

     9,435        1,332,033  

Zillow Group, Inc., Class C*

     40,560        1,872,250  
     

 

 

 
Total Real Estate Management & Development

 

     3,204,283  
Residential REITs – 0.6%

 

Apartment Income REIT Corp.

     31,666        972,146  
Semiconductors & Semiconductor Equipment – 2.4%

 

Applied Materials, Inc.

     9,316        1,289,800  

KLA Corp.

     3,256        1,493,397  

Teradyne, Inc.

     10,527        1,057,543  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     3,840,740  
Software – 3.3%

 

Dolby Laboratories, Inc., Class A

     15,397        1,220,366  

Dropbox, Inc., Class A*

     64,350        1,752,250  

Fair Isaac Corp.*

     1,535        1,333,194  

Salesforce, Inc.*

     4,736        960,366  
     

 

 

 
Total Software

 

     5,266,176  
Specialty Retail – 4.6%

 

AutoNation, Inc.*

     8,152        1,234,213  

Bath & Body Works, Inc.

     21,405        723,489  

Best Buy Co., Inc.

     11,121        772,576  

Lithia Motors, Inc.

     4,161        1,228,868  

Lowe’s Cos., Inc.

     4,515        938,398  

Penske Automotive Group, Inc.

     6,776        1,131,998  

Williams-Sonoma, Inc.

     8,130        1,263,402  
     

 

 

 
Total Specialty Retail

 

     7,292,944  
Technology Hardware, Storage & Peripherals – 0.9%

 

NetApp, Inc.

     19,230        1,459,172  
Textiles, Apparel & Luxury Goods – 1.5%

 

Columbia Sportswear Co.(a)

     7,329        543,079  

Ralph Lauren Corp.

     8,671        1,006,616  

Tapestry, Inc.

     25,705        739,019  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     2,288,714  
Tobacco – 0.8%

 

Altria Group, Inc.

     30,036        1,263,014  
TOTAL INVESTMENTS IN SECURITIES – 99.9%
(Cost: $147,751,703)

 

     157,326,332  

Other Assets less Liabilities – 0.1%

        201,459  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 157,527,791  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $1,432,132 and the total market value of the collateral held by the Fund was $1,432,136, which was entirely composed of non-cash U.S. Government securities.

 

See Notes to Financial Statements.

 

WisdomTree Trust      109  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Value Fund (WTV)

September 30, 2023

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 157,326,332      $      $      $ 157,326,332  

Total Investments in Securities

   $ 157,326,332      $      $      $ 157,326,332  

 

See Notes to Financial Statements.

 

110   WisdomTree Trust


Statements of Assets and Liabilities (unaudited)

WisdomTree Trust

September 30, 2023

 

 

 

      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

   $ 397,067,634      $ 52,964,733      $ 2,154,650      $ 1,230,627,822      $ 2,821,123,340  

Investment in affiliates, at cost (Note 3)

                                 61,356  

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

     365,284,660        65,093,667        2,079,817        1,151,772,077        3,416,950,651  

Investment in affiliates, at value (Note 3)

                                 60,170  

Cash

     1,645,856        47,867        1,442        939,991        2,537,357  

Receivables:

              

Dividends

     805,999        60,601        315        3,244,530        4,740,394  

Securities lending income

     17,742        225               3,113        13,572  

Total Assets

     367,754,257        65,202,360        2,081,574        1,155,959,711        3,424,302,144  

LIABILITIES:

 

Payables:

              

Cash collateral received for securities loaned (Note 2)

     2,773,297                      848,268        2,861,449  

Advisory fees (Note 3)

     118,015        15,495        968        366,584        809,391  

Service fees (Note 2)

     1,366        243        8        4,245        12,722  

Total Liabilities

     2,892,678        15,738        976        1,219,097        3,683,562  

NET ASSETS

   $ 364,861,579      $ 65,186,622      $ 2,080,598      $ 1,154,740,614      $ 3,420,618,582  

NET ASSETS:

              

Paid-in capital

   $ 513,297,613      $ 62,844,987      $ 3,580,785      $ 1,332,634,018      $ 3,014,421,964  

Total distributable earnings (loss)

     (148,436,034      2,341,635        (1,500,187      (177,893,404      406,196,618  

NET ASSETS

   $ 364,861,579      $ 65,186,622      $ 2,080,598      $ 1,154,740,614      $ 3,420,618,582  

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

     4,100,000        1,475,000        100,000        14,800,000        55,650,000  

Net asset value per share

   $ 88.99      $ 44.19      $ 20.81      $ 78.02      $ 61.47  

1 Includes market value of securities out on loan of:

   $ 9,108,269      $ 76,347             $ 23,792,295      $ 7,884,167  

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      111  


Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Trust

September 30, 2023

 

 

 

      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

   $ 604,099,111      $ 3,061,928,114      $ 695,950,921      $ 248,129,179      $ 8,821,522,227  

Investment in affiliates, at cost (Note 3)

     481,422               269,115                

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

     670,739,437        3,164,901,053        716,861,782        260,120,633        9,657,208,697  

Investment in affiliates, at value (Note 3)

     497,711               273,695                

Cash

     316,213        2,875,432        2,331,256        93,301        6,469,303  

Receivables:

              

Capital shares sold

                          960,777        22,211,580  

Dividends

     455,401        5,013,754        616,700        218,148        13,678,833  

Securities lending income

     776        13,667        8,741        153        53,390  

Total Assets

     672,009,538        3,172,803,906        720,092,174        261,393,012        9,699,621,803  

LIABILITIES:

 

Payables:

 

Cash collateral received for securities loaned (Note 2)

     771        16,848,233        1,980,207               9,953,796  

Investment securities purchased

                          959,845        22,197,468  

Advisory fees (Note 3)

     45,256        1,009,288        230,194        60,793        2,222,650  

Service fees (Note 2)

     2,489        11,692        2,667        955        34,927  

Total Liabilities

     48,516        17,869,213        2,213,068        1,021,593        34,408,841  

NET ASSETS

   $ 671,961,022      $ 3,154,934,693      $ 717,879,106      $ 260,371,419      $ 9,665,212,962  

NET ASSETS:

              

Paid-in capital

   $ 655,163,391      $ 3,498,864,197      $ 777,983,459      $ 282,142,217      $ 9,285,214,142  

Total distributable earnings (loss)

     16,797,631        (343,929,504      (60,104,353      (21,770,798      379,998,820  

NET ASSETS

   $ 671,961,022      $ 3,154,934,693      $ 717,879,106      $ 260,371,419      $ 9,665,212,962  

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

     14,700,000        77,050,000        14,150,000        6,775,000        152,300,000  

Net asset value per share

   $ 45.71      $ 40.95      $ 50.73      $ 38.43      $ 63.46  

1 Includes market value of securities out on loan of:

   $ 891,210      $ 136,321,647      $ 56,174,945      $ 874,372      $ 28,190,025  

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

  

  

 

See Notes to Financial Statements.

 

112   WisdomTree Trust


Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Trust

September 30, 2023

 

 

 

      WisdomTree
U.S. Quality
Growth Fund
     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
 

ASSETS:

              

Investments, at cost

   $ 51,328,013      $ 1,803,483,821      $ 626,837,074      $ 271,394,579      $ 881,576,885  

Investment in affiliates, at cost (Note 3)

            115,638                       

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

     53,957,769        1,758,862,714        595,352,085        264,053,583        1,048,181,776  

Investment in affiliates, at value (Note 3)

            117,514                       

Cash

     26,238        1,179,437        179,485        213,293        1,145,074  

Receivables:

              

Investment securities sold3

                   4,321,830                

Capital shares sold

     1,587,587                              

Dividends

     3,199        2,969,644        328,185        201,131        1,468,706  

Securities lending income

            32,685        18,141        3,346        3,280  

Total Assets

     55,574,793        1,763,161,994        600,199,726        264,471,353        1,050,798,836  

LIABILITIES:

 

Payables:

 

Cash collateral received for securities loaned (Note 2)

            10,485,844        11,901,818        1,701,425        685,359  

Investment securities purchased

     1,583,315                              

Capital shares redeemed

                   4,324,319                

Advisory fees (Note 3)

     12,254        560,303        187,111        81,471        248,465  

Service fees (Note 2)

     193        6,493        2,167        943        3,904  

Total Liabilities

     1,595,762        11,052,640        16,415,415        1,783,839        937,728  

NET ASSETS

   $ 53,979,031      $ 1,752,109,354      $ 583,784,311      $ 262,687,514      $ 1,049,861,108  

NET ASSETS:

              

Paid-in capital

   $ 50,625,984      $ 2,153,659,849      $ 699,340,450      $ 300,102,143      $ 973,406,902  

Total distributable earnings (loss)

     3,353,047        (401,550,495      (115,556,139      (37,414,629      76,454,206  

NET ASSETS

   $ 53,979,031      $ 1,752,109,354      $ 583,784,311      $ 262,687,514      $ 1,049,861,108  

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

     1,700,000        62,150,000        13,500,000        6,365,000        17,450,000  

Net asset value per share

   $ 31.75      $ 28.19      $ 43.24      $ 41.27      $ 60.16  

1 Includes market value of securities out on loan of:

          $ 168,001,877      $ 36,155,778      $ 6,103,887      $ 5,675,254  

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:

                 $ 138,813                

 

See Notes to Financial Statements.

 

WisdomTree Trust      113  


Statements of Assets and Liabilities (unaudited) (concluded)

WisdomTree Trust

September 30, 2023

 

 

 

      WisdomTree
U.S. Value Fund
 

ASSETS:

  

Investments, at cost

   $ 147,751,703  

Investments in securities, at value1 (Note 2)

     157,326,332  

Cash

     73,846  

Receivables:

  

Dividends

     142,847  

Securities lending income

     548  

Total Assets

     157,543,573  

LIABILITIES:

 

Payables:

 

Advisory fees (Note 3)

     15,224  

Service fees (Note 2)

     558  

Total Liabilities

     15,782  

NET ASSETS

   $ 157,527,791  

NET ASSETS:

  

Paid-in capital

   $ 163,049,109  

Total distributable earnings (loss)

     (5,521,318

NET ASSETS

   $ 157,527,791  

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

     2,550,000  

Net asset value per share

   $ 61.78  

1 Includes market value of securities out on loan of:

   $ 1,432,132  

 

See Notes to Financial Statements.

 

114   WisdomTree Trust


Statements of Operations (unaudited)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

     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
 

INVESTMENT INCOME:

         

Dividends

  $ 5,777,023     $ 593,168     $ 8,643     $ 28,131,962     $ 49,522,676  

Dividends from affiliates (Note 3)

                      14,061       45,722  

Interest

    8,251       508       9       4,124       15,490  

Securities lending income, net (Note 2)

    370,487       5,131       1       28,547       170,631  

Less: Foreign withholding taxes on dividends

    (729           (16     (2,822      

Total investment income

    6,155,032       598,807       8,637       28,175,872       49,754,519  

EXPENSES:

         

Advisory fees (Note 3)

    739,356       97,491       6,707       2,281,426       4,928,528  

Service fees (Note 2)

    8,560       1,532       54       26,417       77,448  

Total expenses

    747,916       99,023       6,761       2,307,843       5,005,976  

Expense waivers (Note 3)

                      (822     (1,707

Net expenses

    747,916       99,023       6,761       2,307,021       5,004,269  

Net investment income

    5,407,116       499,784       1,876       25,868,851       44,750,250  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

         

Investment transactions

    (3,746,509     (139,728     107,554       (4,188,826     (2,070,067

Investment transactions in affiliates (Note 3)

                      22,274       (1,256

In-kind redemptions

    1,268,632       1,648,826       11,829       15,109,818       46,787,250  

Net realized gain (loss)

    (2,477,877     1,509,098       119,383       10,943,266       44,715,927  

Net increase (decrease) in unrealized appreciation/depreciation:

         

Investment transactions

    (8,325,209     315,294       (88,696     (80,086,364     (67,420,485

Investment transactions in affiliates (Note 3)

                      (6,803     (34,471

Net increase (decrease) in unrealized appreciation/depreciation

    (8,325,209     315,294       (88,696     (80,093,167     (67,454,956

Net realized and unrealized gain (loss) on investments

    (10,803,086     1,824,392       30,687       (69,149,901     (22,739,029

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

  $ (5,395,970   $ 2,324,176     $ 32,563     $ (43,281,050   $ 22,011,221  

 

See Notes to Financial Statements.

 

WisdomTree Trust      115  


Statements of Operations (unaudited) (continued)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

      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

   $ 6,574,695      $ 50,568,154      $ 6,531,682      $ 2,258,896      $ 100,631,131  

Dividends from affiliates (Note 3)

     18,096        69,941        14,906                

Interest

     4,417        10,892        3,381        3,672        42,134  

Securities lending income, net (Note 2)

     18,294        60,842        58,133        394        927,096  

Less: Foreign withholding taxes on dividends

            (20,538                     

Total investment income

     6,615,502        50,689,291        6,608,102        2,262,962        101,600,361  

EXPENSES:

              

Advisory fees (Note 3)

     273,720        6,131,361        1,376,508        363,526        12,727,442  

Service fees (Note 2)

     15,055        70,995        15,938        5,713        200,003  

Total expenses

     288,775        6,202,356        1,392,446        369,239        12,927,445  

Expense waivers (Note 3)

            (4,108      (643              

Net expenses

     288,775        6,198,248        1,391,803        369,239        12,927,445  

Net investment income

     6,326,727        44,491,043        5,216,299        1,893,723        88,672,916  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

              

Investment transactions

     (965,378      8,490,909        1,455,279        (4,771,141      (2,557,570

Investment transactions in affiliates (Note 3)

     (53,875      (206,313      (34,299              

In-kind redemptions

     11,729,246        14,702,900        3,719,463        6,399,335        23,001,947  

Futures contracts

                          (16,483       

Net realized gain

     10,709,993        22,987,496        5,140,443        1,611,711        20,444,377  

Net increase (decrease) in unrealized appreciation/depreciation:

              

Investment transactions

     19,443,700        (30,731,299      6,903,929        4,318,326        93,871,862  

Investment transactions in affiliates (Note 3)

     (8,957             (15,993              

Net increase (decrease) in unrealized appreciation/depreciation

     19,434,743        (30,731,299      6,887,936        4,318,326        93,871,862  

Net realized and unrealized gain (loss) on investments

     30,144,736        (7,743,803      12,028,379        5,930,037        114,316,239  

NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ 36,471,463      $ 36,747,240      $ 17,244,678      $ 7,823,760      $ 202,989,155  

 

See Notes to Financial Statements.

 

116   WisdomTree Trust


Statements of Operations (unaudited) (continued)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

      WisdomTree
U.S. Quality
Growth Fund
     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
 

INVESTMENT INCOME:

              

Dividends

   $ 112,763      $ 32,735,893      $ 5,040,843      $ 3,875,174      $ 15,583,750  

Dividends from affiliates (Note 3)

            48,832        4,789                

Interest

     132        11,344        3,676        2,767        7,524  

Securities lending income, net (Note 2)

            216,456        134,818        17,813        43,260  

Less: Foreign withholding taxes on dividends

            (19,719                    (1,613

Total investment income

     112,895        32,992,806        5,184,126        3,895,754        15,632,921  

EXPENSES:

              

Advisory fees (Note 3)

     53,190        3,444,119        1,099,892        450,330        1,514,977  

Service fees (Note 2)

     836        39,879        12,736        5,214        23,807  

Total expenses

     54,026        3,483,998        1,112,628        455,544        1,538,784  

Expense waivers (Note 3)

            (2,807      (581              

Net expenses

     54,026        3,481,191        1,112,047        455,544        1,538,784  

Net investment income

     58,869        29,511,615        4,072,079        3,440,210        14,094,137  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

              

Investment transactions

     (190,471      (8,218,626      (2,569,516      (1,638,245      (600,744

Investment transactions in affiliates (Note 3)

            (42,633      (74,853              

In-kind redemptions

     854,642        15,227,944        2,117,348        324,380        18,041,053  

Net realized gain (loss)

     664,171        6,966,685        (527,021      (1,313,865      17,440,309  

Net increase (decrease) in unrealized appreciation/depreciation:

              

Investment transactions

     2,343,032        (32,381,719      (1,577,373      (1,534,911      (24,998,694

Investment transactions in affiliates (Note 3)

            (11,654      104,255                

Net increase (decrease) in unrealized appreciation/depreciation

     2,343,032        (32,393,373      (1,473,118      (1,534,911      (24,998,694

Net realized and unrealized gain (loss) on investments

     3,007,203        (25,426,688      (2,000,139      (2,848,776      (7,558,385

NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ 3,066,072      $ 4,084,927      $ 2,071,940      $ 591,434      $ 6,535,752  

 

See Notes to Financial Statements.

 

WisdomTree Trust      117  


Statements of Operations (unaudited) (concluded)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

      WisdomTree
U.S. Value Fund
 

INVESTMENT INCOME:

  

Dividends

   $ 1,358,685  

Interest

     550  

Securities lending income, net (Note 2)

     2,426  

Total investment income

     1,361,661  

EXPENSES:

  

Advisory fees (Note 3)

     87,264  

Service fees (Note 2)

     3,200  

Total expenses

     90,464  

Net investment income

     1,271,197  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

  

Investment transactions

     (1,272,217

In-kind redemptions

     3,070,476  

Net realized gain

     1,798,259  

Net increase in unrealized appreciation/depreciation

     5,127,383  

Net realized and unrealized gain on investments

     6,925,642  

NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ 8,196,839  

 

See Notes to Financial Statements.

 

118   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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 5,407,116     $ 9,294,205     $ 499,784     $ 1,041,143     $ 1,876     $ 1,970  

Net realized gain (loss) on investments

    (2,477,877     (18,469,063     1,509,098       (3,018,213     119,383       (567,298

Net increase (decrease) in unrealized appreciation/depreciation on investments

    (8,325,209     (17,105,029     315,294       (5,117,955     (88,696     139,961  

Net increase (decrease) in net assets resulting from operations

    (5,395,970     (26,279,887     2,324,176       (7,095,025     32,563       (425,367

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (5,318,000     (9,454,072     (499,125     (1,008,693           (1,984

Tax return of capital

                                  (400

Total distributions to shareholders

    (5,318,000     (9,454,072     (499,125     (1,008,693           (2,384

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

                1,075,702       2,078,530              

Cost of shares redeemed

    (20,791,006     (60,535,501     (5,651,354     (3,095,268     (437,592     (1,182,106

Net decrease in net assets resulting from capital share transactions

    (20,791,006     (60,535,501     (4,575,652     (1,016,738     (437,592     (1,182,106

Net Decrease in Net Assets

    (31,504,976     (96,269,460     (2,750,601     (9,120,456     (405,029     (1,609,857

NET ASSETS:

 

Beginning of period

  $ 396,366,555     $ 492,636,015     $ 67,937,223     $ 77,057,679     $ 2,485,627     $ 4,095,484  

End of period

  $ 364,861,579     $ 396,366,555     $ 65,186,622     $ 67,937,223     $ 2,080,598     $ 2,485,627  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    4,325,000       4,975,000       1,575,000       1,600,000       120,000       180,000  

Shares created

                25,000       50,000              

Shares redeemed

    (225,000     (650,000     (125,000     (75,000     (20,000     (60,000

Shares outstanding, end of period

    4,100,000       4,325,000       1,475,000       1,575,000       100,000       120,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      119  


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 25,868,851     $ 48,742,351     $ 44,750,250     $ 91,646,751     $ 6,326,727     $ 12,395,831  

Net realized gain (loss) on investments

    10,943,266       82,444,487       44,715,927       134,565,950       10,709,993       (11,118,901

Net increase (decrease) in unrealized appreciation/depreciation on investments

    (80,093,167     (158,410,618     (67,454,956     (330,156,213     19,434,743       (53,705,837

Net increase (decrease) in net assets resulting from operations

    (43,281,050     (27,223,780     22,011,221       (103,943,512     36,471,463       (52,428,907

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (24,576,750     (52,764,847     (43,846,500     (94,641,498     (6,471,500     (12,389,635

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    85,457,536       983,982,222       91,399,431       663,360,233       18,472,539       108,501,573  

Cost of shares redeemed

    (199,959,293     (591,853,425     (119,353,173     (421,607,267     (35,146,237     (82,001,123

Net increase (decrease) in net assets resulting from capital share transactions

    (114,501,757     392,128,797       (27,953,742     241,752,966       (16,673,698     26,500,450  

Net Increase (Decrease) in Net Assets

    (182,359,557     312,140,170       (49,789,021     43,167,956       13,326,265       (38,318,092

NET ASSETS:

 

Beginning of period

  $ 1,337,100,171     $ 1,024,960,001     $ 3,470,407,603     $ 3,427,239,647     $ 658,634,757     $ 696,952,849  

End of period

  $ 1,154,740,614     $ 1,337,100,171     $ 3,420,618,582     $ 3,470,407,603     $ 671,961,022     $ 658,634,757  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    16,250,000       11,650,000       56,100,000       52,200,000       15,050,000       14,450,000  

Shares created

    1,050,000       11,400,000       1,450,000       10,800,000       400,000       2,500,000  

Shares redeemed

    (2,500,000     (6,800,000     (1,900,000     (6,900,000     (750,000     (1,900,000

Shares outstanding, end of period

    14,800,000       16,250,000       55,650,000       56,100,000       14,700,000       15,050,000  

 

See Notes to Financial Statements.

 

120   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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 44,491,043     $ 90,229,129     $ 5,216,299     $ 11,048,091     $ 1,893,723     $ 3,947,424  

Net realized gain (loss) on investments and futures contracts

    22,987,496       130,848,348       5,140,443       9,427,278       1,611,711       (10,834,147

Net increase (decrease) in unrealized appreciation/depreciation on investments

    (30,731,299     (364,718,988     6,887,936       (80,659,749     4,318,326       (8,414,869

Net increase (decrease) in net assets resulting from operations

    36,747,240       (143,641,511     17,244,678       (60,184,380     7,823,760       (15,301,592

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (43,388,750     (92,020,134     (5,197,000     (10,959,568     (1,879,500     (3,948,786

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    27,474,533       1,051,013,414       16,414,600       68,005,567       32,053,749       101,414,445  

Cost of shares redeemed

    (85,901,489     (805,947,349     (27,274,983     (91,842,306     (40,190,446     (43,549,334

Net increase (decrease) in net assets resulting from capital share transactions

    (58,426,956     245,066,065       (10,860,383     (23,836,739     (8,136,697     57,865,111  

Net Increase (Decrease) in Net Assets

    (65,068,466     9,404,420       1,187,295       (94,980,687     (2,192,437     38,614,733  

NET ASSETS:

 

Beginning of period

  $ 3,220,003,159     $ 3,210,598,739     $ 716,691,811     $ 811,672,498     $ 262,563,856     $ 223,949,123  

End of period

  $ 3,154,934,693     $ 3,220,003,159     $ 717,879,106     $ 716,691,811     $ 260,371,419     $ 262,563,856  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    78,500,000       72,450,000       14,400,000       14,850,000       7,000,000       5,475,000  

Shares created

    650,000       25,100,000       300,000       1,400,000       825,000       2,675,000  

Shares redeemed

    (2,100,000     (19,050,000     (550,000     (1,850,000     (1,050,000     (1,150,000

Shares outstanding, end of period

    77,050,000       78,500,000       14,150,000       14,400,000       6,775,000       7,000,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      121  


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     WisdomTree
U.S. Quality Dividend Growth Fund
    WisdomTree
U.S. Quality Growth Fund
    WisdomTree
U.S. SmallCap Dividend Fund
 
     For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the Period
December 15, 2022*
through
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 88,672,916     $ 149,064,486     $ 58,869     $ 2,614     $ 29,511,615     $ 54,588,187  

Net realized gain (loss) on investments

    20,444,377       396,875,294       664,171       (2,363     6,966,685       3,151,249  

Net increase (decrease) in unrealized appreciation/depreciation on investments

    93,871,862       (444,753,271     2,343,032       286,724       (32,393,373     (202,544,682

Net increase (decrease) in net assets resulting from operations

    202,989,155       101,186,509       3,066,072       286,975       4,084,927       (144,805,246

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (85,780,500     (154,296,995                 (28,047,250     (54,457,954

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    1,499,163,338       3,232,420,927       53,585,436       2,552,390       9,014,646       217,678,287  

Cost of shares redeemed

    (78,068,153     (2,085,719,771     (5,511,842     (100     (89,624,130     (43,279,395

Net increase (decrease) in net assets resulting from capital share transactions

    1,421,095,185       1,146,701,156       48,073,594       2,552,290       (80,609,484     174,398,892  

Net Increase (Decrease) in Net Assets

    1,538,303,840       1,093,590,670       51,139,666       2,839,265       (104,571,807     (24,864,308

NET ASSETS:

 

Beginning of period

  $ 8,126,909,122     $ 7,033,318,452     $ 2,839,365     $ 100     $ 1,856,681,161     $ 1,881,545,469  

End of period

  $ 9,665,212,962     $ 8,126,909,122     $ 53,979,031     $ 2,839,365     $ 1,752,109,354     $ 1,856,681,161  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    130,350,000       110,650,000       100,000       4       65,000,000       59,050,000  

Shares created

    23,150,000       53,700,000       1,775,000       100,000       300,000       7,450,000  

Shares redeemed

    (1,200,000     (34,000,000     (175,000     (4     (3,150,000     (1,500,000

Shares outstanding, end of period

    152,300,000       130,350,000       1,700,000       100,000       62,150,000       65,000,000  

*   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.

 

122   WisdomTree Trust


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     WisdomTree
U.S. SmallCap Fund
   

WisdomTree
U.S. SmallCap Quality Dividend

Growth Fund

    WisdomTree
U.S. Total Dividend Fund
 
     For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 4,072,079     $ 8,733,864     $ 3,440,210     $ 6,132,472     $ 14,094,137     $ 28,310,458  

Net realized gain (loss) on investments

    (527,021     13,786,257       (1,313,865     (1,401,252     17,440,309       41,077,780  

Net decrease in unrealized appreciation/depreciation on investments

    (1,473,118     (78,845,215     (1,534,911     (15,294,977     (24,998,694     (103,960,735

Net increase (decrease) in net assets resulting from operations

    2,071,940       (56,325,094     591,434       (10,563,757     6,535,752       (34,572,497

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (4,104,000     (8,368,109     (3,400,300     (6,156,770     (13,343,750     (30,260,035

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    32,453,550       160,150,131       43,518,515       86,682,667       24,552,674       222,869,091  

Cost of shares redeemed

    (17,402,404     (217,424,064     (3,646,703     (69,170,357     (45,671,339     (160,877,872

Net increase (decrease) in net assets resulting from capital share transactions

    15,051,146       (57,273,933     39,871,812       17,512,310       (21,118,665     61,991,219  

Net Increase (Decrease) in Net Assets

    13,019,086       (121,967,136     37,062,946       791,783       (27,926,663     (2,841,313

NET ASSETS:

 

Beginning of period

  $ 570,765,225     $ 692,732,361     $ 225,624,568     $ 224,832,785     $ 1,077,787,771     $ 1,080,629,084  

End of period

  $ 583,784,311     $ 570,765,225     $ 262,687,514     $ 225,624,568     $ 1,049,861,108     $ 1,077,787,771  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    13,200,000       14,450,000       5,425,000       5,035,000       17,800,000       16,750,000  

Shares created

    700,000       3,650,000       1,030,000       2,080,000       400,000       3,650,000  

Shares redeemed

    (400,000     (4,900,000     (90,000     (1,690,000     (750,000     (2,600,000

Shares outstanding, end of period

    13,500,000       13,200,000       6,365,000       5,425,000       17,450,000       17,800,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      123  


Statements of Changes in Net Assets (concluded)

WisdomTree Trust

 

 

 

 

      WisdomTree
U.S. Value Fund
 
      For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

   $ 1,271,197      $ 2,367,699  

Net realized gain (loss) on investments

     1,798,259        (3,265,108

Net increase (decrease) in unrealized appreciation/depreciation on investments

     5,127,383        (2,246,805

Net increase (decrease) in net assets resulting from operations

     8,196,839        (3,144,214

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (1,306,000      (2,373,350

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

     25,535,018        75,822,780  

Cost of shares redeemed

     (22,111,980      (36,805,721

Net increase in net assets resulting from capital share transactions

     3,423,038        39,017,059  

Net Increase in Net Assets

     10,313,877        33,499,495  

NET ASSETS:

 

Beginning of period

   $ 147,213,914      $ 113,714,419  

End of period

   $ 157,527,791      $ 147,213,914  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     2,510,000        1,850,000  

Shares created

     410,000        1,290,000  

Shares redeemed

     (370,000      (630,000

Shares outstanding, end of period

     2,550,000        2,510,000  

 

See Notes to Financial Statements.

 

124   WisdomTree Trust


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 91.65     $ 99.02     $ 94.15     $ 64.64     $ 85.52     $ 84.43  

Investment operations:

 

Net investment income2

    1.28       2.01       2.70       2.67       3.11       3.06  

Net realized and unrealized gain (loss)

    (2.66     (7.31     4.95       29.49       (20.83     1.05  

Total from investment operations

    (1.38     (5.30     7.65       32.16       (17.72     4.11  

Dividends and distributions to shareholders:

 

Net investment income

    (1.28     (2.07     (2.78     (2.65     (3.16     (2.96

Capital gains

                                  (0.06

Total dividends and distributions to shareholders

    (1.28     (2.07     (2.78     (2.65     (3.16     (3.02

Net asset value, end of period

  $ 88.99     $ 91.65     $ 99.02     $ 94.15     $ 64.64     $ 85.52  

TOTAL RETURN3

    (1.52 )%      (5.25 )%      8.19     50.69     (21.49 )%      4.99

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 364,862     $ 396,367     $ 492,636     $ 555,491     $ 543,010     $ 791,069  

Ratios to average net assets4 of:

 

Expenses

    0.38 %5      0.38 %6      0.38 %6      0.38 %6      0.38 %6      0.38 %6 

Net investment income

    2.78 %5      2.17     2.76     3.40     3.61     3.57

Portfolio turnover rate7

    63     150 %8      96 %8,9      47     46     32

 

             
WisdomTree U.S. ESG Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 43.13     $ 48.16     $ 43.64     $ 27.48     $ 32.29     $ 31.09  

Investment operations:

 

Net investment income2

    0.32       0.65       0.57       0.47       0.64       0.60  

Net realized and unrealized gain (loss)

    1.07       (5.06     4.55       16.16       (4.62     1.29  

Total from investment operations

    1.39       (4.41     5.12       16.63       (3.98     1.89  

Dividends to shareholders:

 

Net investment income

    (0.33     (0.62     (0.60     (0.47     (0.83     (0.69

Net asset value, end of period

  $ 44.19     $ 43.13     $ 48.16     $ 43.64     $ 27.48     $ 32.29  

TOTAL RETURN3

    3.21     (9.07 )%      11.73     60.80     (12.73 )%      6.34

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 65,187     $ 67,937     $ 77,058     $ 88,374     $ 72,824     $ 113,025  

Ratios to average net assets of:

 

Expenses

    0.28 %5      0.28     0.28     0.28     0.28     0.28

Net investment income

    1.44 %5      1.51     1.20     1.29     1.90     1.89

Portfolio turnover rate7

    30     46     69     78     56     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 

Annualized.

 

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 

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.

 

See Notes to Financial Statements.

 

WisdomTree Trust      125  


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the Period
June 24, 2021*
through
March 31, 2022
 

Net asset value, beginning of period

  $ 20.71     $ 22.75     $ 25.66  

Investment operations:

 

Net investment income (loss)1

    0.02       0.01       (0.03

Net realized and unrealized gain (loss)

    0.08       (2.03     (2.88

Total from investment operations

    0.10       (2.02     (2.91

Dividends and distributions to shareholders:

     

Net investment income

          (0.02      

Tax return of capital

          0.00 2       

Total dividends and distributions to shareholders

          (0.02      

Net asset value, end of period

  $ 20.81     $ 20.71     $ 22.75  

TOTAL RETURN3

    0.48     (8.89 )%      (11.34 )% 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 2,081     $ 2,486     $ 4,095  

Ratios to average net assets of:

 

Expenses

    0.55 %4      0.55     0.55 %4 

Net investment income (loss)

    0.15 %4      0.07     (0.15 )%4 

Portfolio turnover rate5,6

    272     520     254

 

             
WisdomTree U.S. High Dividend Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 82.28     $ 87.98     $ 76.26     $ 56.58     $ 72.49     $ 68.11  

Investment operations:

 

Net investment income1

    1.73       3.26       2.88       2.71       2.65       2.49  

Net realized and unrealized gain (loss)

    (4.32     (5.45     11.30       19.94       (15.81     4.28  

Total from investment operations

    (2.59     (2.19     14.18       22.65       (13.16     6.77  

Dividends to shareholders:

 

Net investment income

    (1.67     (3.51     (2.46     (2.97     (2.75     (2.39

Net asset value, end of period

  $ 78.02     $ 82.28     $ 87.98     $ 76.26     $ 56.58     $ 72.49  

TOTAL RETURN3

    (3.17 )%      (2.49 )%      18.96     40.97     (18.99 )%      10.15

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 1,154,741     $ 1,337,100     $ 1,024,960     $ 774,034     $ 678,935     $ 953,276  

Ratios to average net assets7 of:

 

Expenses8

    0.38 %4      0.38     0.38     0.38     0.38     0.38

Net investment income

    4.31 %4      3.84     3.56     4.13     3.63     3.55

Portfolio turnover rate5

    1     47     38     43     39     20
* 

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 $0.005.

 

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. 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 Fund’s momentum style investment strategy, which emphasizes investing in securities that have had higher recent price performance compared to other securities, may result in a high portfolio turnover rate. Higher portfolio turnover may result in the Fund paying higher levels of transaction costs and the distribution of additional capital gains, which generate greater tax liabilities for shareholders.

 

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.

 

126   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. LargeCap
Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 61.86     $ 65.66     $ 57.27     $ 40.47     $ 47.11     $ 44.25  

Investment operations:

 

Net investment income2

    0.80       1.59       1.42       1.36       1.36       1.27  

Net realized and unrealized gain (loss)

    (0.40     (3.74     8.33       16.79       (6.64     2.83  

Total from investment operations

    0.40       (2.15     9.75       18.15       (5.28     4.10  

Dividends to shareholders:

 

Net investment income

    (0.79     (1.65     (1.36     (1.35     (1.36     (1.24

Net asset value, end of period

  $ 61.47     $ 61.86     $ 65.66     $ 57.27     $ 40.47     $ 47.11  

TOTAL RETURN3

    0.62     (3.22 )%      17.16     45.40     (11.62 )%      9.44

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 3,420,619     $ 3,470,408     $ 3,427,240     $ 2,823,467     $ 1,849,693     $ 2,034,965  

Ratios to average net assets4 of:

 

Expenses5

    0.28 %6      0.28     0.28     0.28     0.28     0.28

Net investment income

    2.54 %6      2.58     2.28     2.73     2.76     2.79

Portfolio turnover rate7

    1     20     19     20     13     11

 

             
WisdomTree U.S. LargeCap Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 43.76     $ 48.23     $ 43.29     $ 28.10     $ 31.77     $ 30.30  

Investment operations:

 

Net investment income2

    0.42       0.84       0.78       0.73       0.73       0.60  

Net realized and unrealized gain (loss)

    1.97       (4.48     4.92       15.19       (3.72     1.46  

Total from investment operations

    2.39       (3.64     5.70       15.92       (2.99     2.06  

Dividends to shareholders:

 

Net investment income

    (0.44     (0.83     (0.76     (0.73     (0.68     (0.59

Net asset value, end of period

  $ 45.71     $ 43.76     $ 48.23     $ 43.29     $ 28.10     $ 31.77  

TOTAL RETURN3

    5.45     (7.42 )%      13.19     57.11     (9.65 )%      6.93

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 671,961     $ 658,635     $ 696,953     $ 510,794     $ 341,423     $ 239,851  

Ratios to average net assets4 of:

 

Expenses

    0.08 %6      0.08     0.08     0.08     0.08 %5      0.28 %5 

Net investment income

    1.85 %6      1.95     1.65     2.00     2.16     1.94

Portfolio turnover rate7

    1     22     22     21     22     14
1 

Per share amounts were adjusted to reflect a 2:1 share split effective December 23, 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 

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.

 

See Notes to Financial Statements.

 

WisdomTree Trust      127  


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 41.02     $ 44.31     $ 40.40     $ 24.19     $ 35.76     $ 34.11  

Investment operations:

 

Net investment income1

    0.57       1.19       0.99       0.80       1.01       0.82  

Net realized and unrealized gain (loss)

    (0.08     (3.27     3.89       16.24       (11.56     1.61  

Total from investment operations

    0.49       (2.08     4.88       17.04       (10.55     2.43  

Dividends to shareholders:

 

Net investment income

    (0.56     (1.21     (0.97     (0.83     (1.02     (0.78

Net asset value, end of period

  $ 40.95     $ 41.02     $ 44.31     $ 40.40     $ 24.19     $ 35.76  

TOTAL RETURN2

    1.20     (4.65 )%      12.17     71.52     (30.28 )%      7.21

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 3,154,935     $ 3,220,003     $ 3,210,599     $ 2,904,494     $ 2,485,261     $ 3,733,683  

Ratios to average net assets3 of:

 

Expenses4

    0.38 %5      0.38     0.38     0.38     0.38     0.38

Net investment income

    2.76 %5      2.85     2.31     2.55     2.84     2.34

Portfolio turnover rate6

    2     40     38     57     33     27

 

             
WisdomTree U.S. MidCap Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 49.77     $ 54.66     $ 50.86     $ 26.44     $ 39.30     $ 38.63  

Investment operations:

 

Net investment income1

    0.37       0.75       0.72       0.56       0.62       0.53  

Net realized and unrealized gain (loss)

    0.96       (4.90     3.81       24.45       (12.83     0.68  

Total from investment operations

    1.33       (4.15     4.53       25.01       (12.21     1.21  

Dividends to shareholders:

 

Net investment income

    (0.37     (0.74     (0.73     (0.59     (0.65     (0.54

Net asset value, end of period

  $ 50.73     $ 49.77     $ 54.66     $ 50.86     $ 26.44     $ 39.30  

TOTAL RETURN2

    2.67     (7.50 )%      8.93     95.30     (31.45 )%      3.22

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 717,879     $ 716,692     $ 811,672     $ 706,997     $ 560,609     $ 1,098,311  

Ratios to average net assets3 of:

 

Expenses4

    0.38 %5      0.38     0.38     0.38     0.38     0.38

Net investment income

    1.44 %5      1.50     1.34     1.49     1.58     1.34

Portfolio turnover rate6

    2     40     50     50     41     36
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.

 

128   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. Multifactor Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 37.51     $ 40.90     $ 37.83     $ 24.58     $ 28.98     $ 27.91  

Investment operations:

 

Net investment income1

    0.28       0.65       0.63       0.39       0.59       0.47  

Net realized and unrealized gain (loss)

    0.92       (3.40     3.03       13.26       (4.43     0.97  

Total from investment operations

    1.20       (2.75     3.66       13.65       (3.84     1.44  

Dividends to shareholders:

 

Net investment income

    (0.28     (0.64     (0.59     (0.40     (0.56     (0.37

Net asset value, end of period

  $ 38.43     $ 37.51     $ 40.90     $ 37.83     $ 24.58     $ 28.98  

TOTAL RETURN2

    3.21     (6.68 )%      9.68     55.76     (13.43 )%      5.25

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 260,371     $ 262,564     $ 223,949     $ 148,490     $ 141,308     $ 114,481  

Ratios to average net assets of:

 

Expenses

    0.28 %3      0.28     0.28     0.28     0.28 %4,5      0.28 %4,5 

Net investment income

    1.46 %3      1.72     1.58     1.21     1.94 %4      1.65 %4 

Portfolio turnover rate6

    61     102     152     147     145     179

 

             
WisdomTree U.S. Quality Dividend
Growth Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 62.35     $ 63.56     $ 57.14     $ 38.85     $ 43.04     $ 40.32  

Investment operations:

 

Net investment income1

    0.63       1.28       1.22       1.07       1.09       0.97  

Net realized and unrealized gain (loss)

    1.09       (1.17     6.37       18.27       (4.21     2.71  

Total from investment operations

    1.72       0.11       7.59       19.34       (3.12     3.68  

Dividends and distributions to shareholders:

 

Net investment income

    (0.61     (1.32     (1.17     (1.05     (1.07     (0.93

Capital gains

                                  (0.03

Total dividends and distributions to shareholders

    (0.61     (1.32     (1.17     (1.05     (1.07     (0.96

Net asset value, end of period

  $ 63.46     $ 62.35     $ 63.56     $ 57.14     $ 38.85     $ 43.04  

TOTAL RETURN2

    2.74     0.29     13.36     50.24     (7.52 )%      9.25

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 9,665,213     $ 8,126,909     $ 7,033,318     $ 5,576,647     $ 2,723,483     $ 2,780,361  

Ratios to average net assets of:

 

Expenses

    0.28 %3      0.28     0.28     0.28     0.28     0.28

Net investment income

    1.95 %3      2.12     1.98     2.15     2.43     2.33

Portfolio turnover rate6

    0 %7      28     30     30     41     29
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 

Amount represents less than 1%.

 

See Notes to Financial Statements.

 

WisdomTree Trust      129  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. Quality Growth Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the Period
December 15, 2022*
through
March 31, 2023
 

Net asset value, beginning of period

  $ 28.39     $ 25.11  

Investment operations:

 

 

Net investment income1

    0.05       0.03  

Net realized and unrealized gain

    3.31       3.25  

Total from investment operations

    3.36       3.28  

Net asset value, end of period

  $ 31.75     $ 28.39  

TOTAL RETURN2

    11.84     13.06

RATIOS/SUPPLEMENTAL DATA:

 

 

Net assets, end of period (000’s omitted)

  $ 53,979     $ 2,839  

Ratios to average net assets of:

 

 

Expenses

    0.28 %3      0.28 %3 

Net investment income

    0.31 %3      0.45 %3 

Portfolio turnover rate4

    22     1

 

             
WisdomTree U.S. SmallCap
Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 28.56     $ 31.86     $ 31.09     $ 18.11     $ 27.54     $ 27.43  

Investment operations:

 

Net investment income1

    0.47       0.88       0.85       0.66       0.79       0.82  

Net realized and unrealized gain (loss)

    (0.39     (3.31     0.76       12.99       (9.40     0.08  

Total from investment operations

    0.08       (2.43     1.61       13.65       (8.61     0.90  

Dividends to shareholders:

 

Net investment income

    (0.45     (0.87     (0.84     (0.67     (0.82     (0.79

Net asset value, end of period

  $ 28.19     $ 28.56     $ 31.86     $ 31.09     $ 18.11     $ 27.54  

TOTAL RETURN2

    0.27     (7.59 )%      5.18     76.76     (32.22 )%      3.25

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 1,752,109     $ 1,856,681     $ 1,881,545     $ 1,829,823     $ 1,316,919     $ 2,087,705  

Ratios to average net assets5 of:

 

Expenses6

    0.38 %3      0.38     0.38     0.38     0.38     0.38

Net investment income

    3.26 %3      2.98     2.66     2.78     2.94     2.91

Portfolio turnover rate4

    2     38     39     53     50     26
* 

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. SmallCap 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 

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.

 

See Notes to Financial Statements.

 

130   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 Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 43.24     $ 47.94     $ 47.23     $ 22.38     $ 36.08     $ 35.70  

Investment operations:

 

Net investment income1

    0.31       0.62       0.73       0.44       0.51       0.58  

Net realized and unrealized gain (loss)

    0.00 7      (4.73     0.78       24.85       (13.66     0.38  

Total from investment operations

    0.31       (4.11     1.51       25.29       (13.15     0.96  

Dividends to shareholders:

 

Net investment income

    (0.31     (0.59     (0.80     (0.44     (0.55     (0.58

Net asset value, end of period

  $ 43.24     $ 43.24     $ 47.94     $ 47.23     $ 22.38     $ 36.08  

TOTAL RETURN2

    0.72     (8.51 )%      3.11     113.74     (36.87 )%      2.72

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 583,784     $ 570,765     $ 692,732     $ 609,327     $ 419,676     $ 736,098  

Ratios to average net assets3 of:

 

Expenses4

    0.38 %5      0.38     0.38     0.38     0.38     0.38

Net investment income

    1.41 %5      1.40     1.47     1.33     1.45     1.56

Portfolio turnover rate6

    3     51     54     56     55     45

 

             
WisdomTree U.S. SmallCap Quality
Dividend Growth Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 41.59     $ 44.65     $ 45.96     $ 25.02     $ 34.70     $ 34.26  

Investment operations:

 

Net investment income1

    0.61       1.17       1.14       0.94       0.80       0.88  

Net realized and unrealized gain (loss)

    (0.34     (3.06     (1.32     20.92       (9.68     0.41  

Total from investment operations

    0.27       (1.89     (0.18     21.86       (8.88     1.29  

Dividends to shareholders:

 

Net investment income

    (0.59     (1.17     (1.13     (0.92     (0.80     (0.85

Net asset value, end of period

  $ 41.27     $ 41.59     $ 44.65     $ 45.96     $ 25.02     $ 34.70  

TOTAL RETURN2

    0.66     (4.14 )%      (0.45 )%      88.65     (26.22 )%      3.81

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 262,688     $ 225,625     $ 224,833     $ 187,733     $ 73,802     $ 119,699  

Ratios to average net assets of:

 

Expenses

    0.38 %5      0.38     0.38     0.38     0.38     0.38

Net investment income

    2.90 %5      2.81     2.49     2.67     2.29     2.47

Portfolio turnover rate6

    1     51     60     83     51     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 U.S. SmallCap Fund, 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.

 

7 

The amount of net realized and unrealized gain 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 period.

 

See Notes to Financial Statements.

 

WisdomTree Trust      131  


Financial Highlights (concluded)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. Total
Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 60.55     $ 64.52     $ 56.49     $ 39.19     $ 47.31     $ 44.56  

Investment operations:

 

Net investment income2

    0.80       1.60       1.43       1.33       1.38       1.28  

Net realized and unrealized gain (loss)

    (0.43     (3.86     7.94       17.30       (8.13     2.71  

Total from investment operations

    0.37       (2.26     9.37       18.63       (6.75     3.99  

Dividends to shareholders:

 

Net investment income

    (0.76     (1.71     (1.34     (1.33     (1.37     (1.24

Net asset value, end of period

  $ 60.16     $ 60.55     $ 64.52     $ 56.49     $ 39.19     $ 47.31  

TOTAL RETURN3

    0.60     (3.44 )%      16.73     48.15     (14.75 )%      9.10

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 1,049,861     $ 1,077,788     $ 1,080,629     $ 875,531     $ 634,956     $ 648,103  

Ratios to average net assets of:

 

Expenses

    0.28 %4      0.28     0.28     0.28     0.28 %5,6      0.28 %5,6 

Net investment income

    2.60 %4      2.64     2.33     2.73     2.82 %5      2.78 %5 

Portfolio turnover rate7

    0 %8      19     22     22     16     11

 

             
WisdomTree U.S. Value Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 20229
    For the
Year Ended
March 31, 20219
    For the
Year Ended
March 31, 20209
    For the
Year Ended
March 31, 20199
 

Net asset value, beginning of period

  $ 58.65     $ 61.47     $ 56.19     $ 32.52     $ 42.35     $ 40.43  

Investment operations:

 

 

Net investment income2

    0.53       1.17       1.08       0.76       0.76       0.72  

Net realized and unrealized gain (loss)

    3.15       (2.83     5.19       23.79       (9.88     1.94  

Total from investment operations

    3.68       (1.66     6.27       24.55       (9.12     2.66  

Dividends to shareholders:

 

 

Net investment income

    (0.55     (1.16     (0.99     (0.88     (0.71     (0.74

Net asset value, end of period

  $ 61.78     $ 58.65     $ 61.47     $ 56.19     $ 32.52     $ 42.35  

TOTAL RETURN3

    6.28     (2.54 )%      11.16     76.07     (21.86 )%      6.70

RATIOS/SUPPLEMENTAL DATA:

 

 

Net assets, end of period (000’s omitted)

  $ 157,528     $ 147,214     $ 113,714     $ 58,441     $ 61,795     $ 38,113  

Ratios to average net assets of:

 

 

Expenses

    0.12 %4      0.12 %5,6      0.30 %10      0.38     0.38     0.38

Net investment income

    1.75 %4      2.02 %5      1.77     1.76     1.75     1.73

Portfolio turnover rate7

    6     66     62     59     101     54
1 

Per share amounts were adjusted to reflect a 2:1 share split effective December 23, 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 

Annualized.

 

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 1%.

 

9 

Per share amounts were adjusted to reflect a 2:1 share split effective June 10, 2021.

 

10 

Prior to January 3, 2022, the Fund’s annual advisory fee rate was 0.38% and, thereafter, was reduced to 0.12% per annum.

 

See Notes to Financial Statements.

 

132   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 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. Quality Growth Fund (“U.S. Quality Growth Fund”)

     December 15, 2022  

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 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

 

WisdomTree Trust      133  


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.

Pursuant to Board-approved valuation procedures established by the Trust and WTAM, the Board has appointed WTAM as the Funds’ valuation designee (the “Valuation Designee”) to perform all fair valuations of the Funds’ portfolio investments, subject to the Board’s oversight. As the Valuation Designee, WTAM has established procedures for its fair valuation of a Fund’s portfolio investments. These procedures address, among other things, determining when market quotations are not readily available or reliable and the methodologies to be used for determining the fair value of investments, as well as the use and oversight of third-party pricing services for fair valuation. The Valuation Designee is comprised of senior representatives of WTAM and 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 Valuation Designee 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 Valuation Designee 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).

 

134   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

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.

Determination of a fair value by the Valuation Designee may include significant unobservable inputs and therefore such financial instruments would be reflected as a Level 3 of the fair value hierarchy. The Valuation Designee 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 Valuation Designee 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, 2023, 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, 2023, 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

   $ (16,483
  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, 2023, 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

   $ 442,480  
  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. Non-cash dividend income is recognized on the ex-dividend date at the fair value of securities to be received. Upon notification from real estate investment trust (“REIT”) issuers or as estimated by management, all or a portion of the dividend income received from a REIT may be redesignated as a reduction of cost of the related investment and/or as a realized gain. 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.

 

WisdomTree Trust      135  


Notes to Financial Statements (unaudited) (continued)

 

Foreign Taxes — The Funds may be subject to foreign taxes (a portion of which may be reclaimable or refundable) on foreign income. All foreign taxes are recorded in accordance with the applicable foreign tax regulations and tax rates that exist in the foreign jurisdictions in which the Funds invest. These foreign taxes, if any, are accrued and applied to foreign income as the foreign income is earned and are reflected on the Statements of Operations as follows: foreign taxes withheld on dividends are presented as a reduction to investment income in “Less: Foreign withholdings taxes on dividends”, foreign taxes on capital gains from investment transactions, if any, are included in “Net realized gain (loss) from investment transactions”, and deferred foreign taxes on net unrealized appreciation on investments, if any, are included in “Net increase (decrease) in unrealized appreciation/depreciation on investment transactions”. Foreign taxes payable or deferred as of September 30, 2023, if any, are disclosed in the Statements of Assets and Liabilities in “Payables: Foreign capital gains tax”.

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.

Futures Contracts — The 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 specified 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. The Funds have adopted a derivatives risk management program pursuant to

 

136   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

Rule 18f-4 under the 1940 Act to assess and manage the Funds’ derivatives risk. Rule 18f-4 limits the amount of derivatives a fund can enter into and replaces the asset segregation framework previously used by the Funds to comply with Section 18 of the 1940 Act.

As of September 30, 2023, 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 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, 2023, are presented on a gross basis in the Statements of Assets and Liabilities. As of September 30, 2023, 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.

 

WisdomTree Trust      137  


Notes to Financial Statements (unaudited) (continued)

 

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 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”). Mellon and Voya 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.

 

138   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

 

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. Quality 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, 2023, 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 its advisory fees that it would otherwise charge, for each Fund’s investment in affiliated funds. The waivers may be reduced to offset the incremental costs related to these investments (e.g., fund accounting, safekeeping, transaction fees, etc.) that are paid by WTAM out of its advisory fee. 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, 2023, 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, 2023            For the fiscal period ended
September 30, 2023
 
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

     249      $ 10,999              $ 83  

U.S. High Dividend Fund

     131        10,226                185  

U.S. LargeCap Fund

     1,533        70,135                649  

U.S. MidCap Dividend Fund

     383        15,688                217  

U.S. Multifactor Fund

     1,113        42,806                311  

U.S. Quality Dividend Growth Fund

     913        57,966                549  

U.S. SmallCap Dividend Fund

                           4  

U.S. SmallCap Fund

     259        11,207                83  

U.S. SmallCap Quality Dividend Growth Fund

     328        13,510                194  

U.S. Total Dividend Fund

     281        16,908                280  

U.S. Value Fund

     73        4,509                40  

4. CAPITAL SHARE TRANSACTIONS

As of September 30, 2023, 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 to an authorized participant (“AP”). Except when aggregated in creation units (“Creation Unit Aggregations”), shares of each Fund are not redeemable. Transactions in shares

 

WisdomTree Trust      139  


Notes to Financial Statements (unaudited) (continued)

 

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 (“Deposit Securities”) and/or an amount of cash (“Cash Component”). Creation Unit Aggregations may be created in advance of receipt by a Fund of all or a portion of the applicable Deposit Securities from APs. In these circumstances, the initial deposit received from the AP will have a value greater than the NAV of the applicable Fund’s shares on the date the order is placed in proper form since, in addition to available Deposit Securities, U.S. cash must be deposited by the AP in an amount equal to the sum of (i) the Cash Component, plus (ii) generally between 102%-110%, as directed by the Trust or WTAM, which the Trust or WTAM may change from time to time, of the market value of the undelivered Deposit Securities (the “Additional Cash Deposit”) with the Fund pending delivery of any missing Deposit Securities. The Fund will return any unused portion of the Additional Cash Deposit once all of the missing Deposit Securities have been properly received from the AP or purchased by the Fund. Amounts due to be returned to an AP as of September 30, 2023, if any, is shown in the Statements of Assets and Liabilities in “Payables: Deposit due to authorized participant”. APs 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, 2023 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

   $ 243,016,028      $ 243,404,409      $      $ 20,725,207  

U.S. ESG Fund

     20,927,565        20,956,108        1,074,482        5,632,657  

U.S. Growth & Momentum Fund

     6,620,588        6,621,246               432,809  

U.S. High Dividend Fund

     18,551,757        16,752,792        85,298,373        199,541,202  

U.S. LargeCap Dividend Fund

     28,596,013        30,205,663        84,828,063        112,733,510  

U.S. LargeCap Fund

     3,831,777        3,822,253        18,397,175        35,046,346  

U.S. MidCap Dividend Fund

     66,351,178        66,019,046        27,412,251        85,741,833  

U.S. MidCap Fund

     13,176,790        14,997,161        16,396,345        27,223,898  

U.S. Multifactor Fund

     158,385,091        158,065,648        31,964,222        40,124,178  

U.S. Quality Dividend Growth Fund

     49,752,241        41,296,981        1,485,034,602        71,560,686  

U.S. Quality Growth Fund

     8,315,418        8,267,826        53,523,548        5,457,530  

U.S. SmallCap Dividend Fund

     39,933,932        35,700,432        8,998,373        89,432,193  

U.S. SmallCap Fund

     15,009,924        14,534,536        32,369,038        17,368,390  

U.S. SmallCap Quality Dividend Growth Fund

     3,385,759        3,160,891        43,414,706        3,640,838  

U.S. Total Dividend Fund

     3,351,403        2,744,727        24,536,567        45,653,698  

U.S. Value Fund

     8,759,801        8,761,580        25,537,229        22,132,351  

 

140   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

6. FEDERAL INCOME TAXES

At September 30, 2023, the cost of investments (including securities on loan) 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

   $ 401,491,162      $ 5,953,049      $ (42,159,551    $ (36,206,502

U.S. ESG Fund

     53,065,409        14,121,580        (2,093,322      12,028,258  

U.S. Growth & Momentum Fund

     2,158,778        38,513        (117,474      (78,961

U.S. High Dividend Fund

     1,243,994,410        62,799,464        (155,021,797      (92,222,333

U.S. LargeCap Dividend Fund

     2,828,527,063        751,074,976        (162,591,218      588,483,758  

U.S. LargeCap Fund

     607,167,870        108,659,706        (44,590,428      64,069,278  

U.S. MidCap Dividend Fund

     3,093,128,444        391,184,401        (319,411,792      71,772,609  

U.S. MidCap Fund

     697,161,183        109,995,119        (90,020,825      19,974,294  

U.S. Multifactor Fund

     248,951,377        20,317,087        (9,147,831      11,169,256  

U.S. Quality Dividend Growth Fund

     8,876,940,532        1,215,909,663        (435,641,498      780,268,165  

U.S. Quality Growth Fund

     51,329,555        3,461,313        (833,099      2,628,214  

U.S. SmallCap Dividend Fund

     1,809,333,981        194,906,627        (245,260,380      (50,353,753

U.S. SmallCap Fund

     627,964,373        69,617,310        (102,229,598      (32,612,288

U.S. SmallCap Quality Dividend Growth Fund

     274,607,245        20,774,527        (31,328,189      (10,553,662

U.S. Total Dividend Fund

     888,393,771        217,511,314        (57,723,309      159,788,005  

U.S. Value Fund

     148,760,061        16,515,953        (7,949,682      8,566,271  

7. SUBSEQUENT EVENT

At the recommendation of WTAM, the investment adviser of WisdomTree U.S. Growth & Momentum Fund (the “Affected Fund”), after continued review of the product lineup and anticipated limited future prospect of investor demand for the Affected Fund, among other considerations, the Board of Trustees determined to close and liquidate the Affected Fund. After the close of business on October 20, 2023, the Affected Fund no longer accepted creation orders. The last day of secondary market trading of the Affected Fund’s shares was also October 20, 2023. Shareholders were able to sell Affected Fund shares through a broker in the standard manner through this date. Customary brokerage charges may have applied to such transactions. When the Affected Fund commenced liquidation of its portfolio, which occurred on or around October 23, 2023, but may have occurred before October 23, 2023, the liquidation process resulted in the Affected Fund increasing its cash holdings and deviating from the investment objective and strategy stated in its prospectus. It is anticipated that shareholders remaining in the Affected Fund after the last day of trading will have their shares redeemed automatically on or around October 30, 2023, and will receive cash through their broker or other applicable financial intermediary thereafter in an amount equal to the net asset value of their shares as calculated on or about October 27, 2023. This amount is expected to include any accrued capital gains and dividends. Shareholders remaining in the Affected Fund and that receive cash will not be charged any transaction fees by the Affected Fund. Whether shareholders sell their shares or are automatically redeemed as described above, shareholders will generally recognize a capital gain (or loss) equal to the amount received for their shares (or below) the adjusted cost basis in such shares.

8. ADDITIONAL INFORMATION

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, as well as other popular Russian exports, such as diamonds, seafood and vodka. The European Union, the United Kingdom and other countries have also placed restrictions on certain oil, energy and luxury goods imports from Russia.

 

WisdomTree Trust      141  


Notes to Financial Statements (unaudited) (concluded)

 

These sanctions, as well as other economic consequences related to the invasion, such as additional sanctions, boycotts, changes in consumer or purchaser preferences, or cyberattacks on governments, companies or individuals, may further decrease the value and liquidity of certain Russian securities as well as securities of issuers in other countries that are subject to or otherwise adversely affected by economic sanctions related to Russia’s invasion of Ukraine, including Russian counter measures. 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.

*    *    *    *    *    *

Financial markets around the world may experience extreme volatility, depressed valuations, decreased liquidity and heightened uncertainty and turmoil resulting from major cybersecurity events, geopolitical events (including wars, such as Russia’s invasion of Ukraine, terror attacks, and disruptions to foreign economic and trade relationships), public health emergencies, such as the COVID-19 pandemic, measures to address budget deficits, downgrading of sovereign debt, and public sentiment, among other events. Resulting market volatility, dramatic changes to interest rates, and otherwise unfavorable economic conditions may negatively impact Fund performance or impair a Fund’s ability to achieve its investment objective.

In March 2023, the financial distress of certain financial institutions raised economic concerns over disruption in the U.S. banking system and regarding the solvency of certain financial services firms. There can be no certainty that the actions taken by the U.S. government to strengthen public confidence in the U.S. banking system will be effective in mitigating the effects of financial institution failures on the economy and restoring public confidence in the U.S. banking system.

*    *    *    *    *    *

Raising the ceiling on U.S. government debt has become increasingly politicized. Any failure to increase the total amount that the U.S. government is authorized to borrow could lead to a default on U.S. government obligations, with unpredictable consequences for economies and markets in the U.S. and elsewhere. On August 1, 2023, Fitch Ratings, Inc. downgraded its U.S. debt rating from the highest AAA rating to AA+, citing “a high and growing general government debt burden, and the erosion of governance relative to ‘AA’ and ‘AAA’ rated peers over the last two decades that has manifested in repeated debt limit standoffs and last-minute resolutions.” The impacts, if any, of the downgrade on financial markets are unknown at this time. The downgrade has potential market impacts, including but not limited to, steep stock market declines and rising bond yields.

 

142   WisdomTree Trust


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 18-19, 2023 (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) each respective sub-advisory agreement between WTAM and Mellon Investments Corporation (“Mellon”) and Voya Investment Management Co. LLC (“Voya,” and, together with Mellon, the “Sub-Advisers”), pursuant to which the Sub-Advisers coordinate the investment and reinvestment of the assets of the applicable Funds (“Sub-Advisory Agreements” and, 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 18, 2023, 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, Inc. (“WT”), 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 WT indexes are unique, based on WT’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 WT’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 WT 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 the Sub-Advisers’ 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, compliance 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, 2023, 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

 

WisdomTree Trust      143  


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

 

for the actively-managed Funds included only actively-managed ETFs and mutual funds 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.

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

 

144   WisdomTree Trust


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

 

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.

 

WisdomTree Trust      145  


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 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/investments.

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/investments.

 

146   WisdomTree Trust


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, Inc., 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, 2023

 

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)


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

       18  

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

       22  

WisdomTree Emerging Markets High Dividend Fund

       29  

WisdomTree Emerging Markets Multifactor Fund

       35  

WisdomTree Emerging Markets Quality Dividend Growth Fund

       40  

WisdomTree Emerging Markets SmallCap Dividend Fund

       44  

WisdomTree Global ex-U.S. Quality Dividend Growth Fund

       55  

WisdomTree Global High Dividend Fund

       60  

WisdomTree Growth Leaders Fund

       69  

WisdomTree India Earnings Fund (consolidated)

       71  

WisdomTree India ex-State-Owned Enterprises Fund

       78  

WisdomTree New Economy Real Estate Fund

       81  

Statements of Assets and Liabilities (unaudited)

       83  

Statements of Operations (unaudited)

       86  

Statements of Changes in Net Assets (unaudited)

       89  

Financial Highlights (unaudited)

       93  

Notes to Financial Statements (unaudited)

       99  

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

       113  

General Information (unaudited)

       116  

 

“WisdomTree” is a registered mark of WisdomTree, Inc. (formerly, WisdomTree Investments, 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/investments.

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, 2023 to September 30, 2023. 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 183/366 (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, 2023 (unaudited)

WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Discretionary

    34.9%  

Health Care

    13.8%  

Information Technology

    10.9%  

Communication Services

    9.9%  

Financials

    9.3%  

Industrials

    8.0%  

Consumer Staples

    5.5%  

Real Estate

    3.4%  

Materials

    3.3%  

Utilities

    0.8%  

Energy

    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. 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  

Alibaba Group Holding Ltd.

    10.6%  

NetEase, Inc.

    4.9%  

PDD Holdings, Inc., ADR

    4.5%  

Ping An Insurance Group Co. of China Ltd., Class H

    4.5%  

Meituan, Class B

    4.4%  

Wuxi Biologics Cayman, Inc.

    2.7%  

Kuaishou Technology

    2.6%  

Contemporary Amperex Technology Co. Ltd., Class A

    2.5%  

JD.com, Inc., Class A

    2.4%  

Ping An Insurance Group Co. of China Ltd., Class A

    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 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, 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, 2023)

 

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

Actual

   $ 1,000.00      $ 863.50        0.32   $ 1.49  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.40        0.32   $ 1.62  

Performance

 

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

Fund NAV Returns

     -13.65     -4.80     -17.89     -2.63     3.02

Fund Market Price Returns

     -13.75     -4.92     -18.32     -2.72     3.00

WisdomTree China Dividend ex-Financials/

China ex-State-Owned Enterprises Spliced Index1

     -13.58     -4.39     -17.70     -2.85     3.37

MSCI China Index

     -11.46     5.24     -14.27     -4.16     1.67
*

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, 2023 (unaudited)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    24.4%  

Consumer Discretionary

    19.5%  

Financials

    15.5%  

Communication Services

    8.2%  

Consumer Staples

    7.4%  

Materials

    7.1%  

Industrials

    6.6%  

Health Care

    5.8%  

Energy

    3.1%  

Real Estate

    1.5%  

Utilities

    0.9%  

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. 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  

Taiwan Semiconductor Manufacturing Co. Ltd.

    8.0%  

Samsung Electronics Co. Ltd.

    4.4%  

Alibaba Group Holding Ltd.

    3.9%  

Reliance Industries Ltd., GDR

    2.0%  

PDD Holdings, Inc., ADR

    1.6%  

Meituan, Class B

    1.6%  

NetEase, Inc.

    1.3%  

Al Rajhi Bank

    1.2%  

ICICI Bank Ltd., ADR

    1.1%  

Infosys Ltd., ADR

    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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 977.50        0.32   $ 1.58  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.40        0.32   $ 1.62  

Performance

 

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

Fund NAV Returns

       -2.25      9.13      -5.42      0.71      2.78

Fund Market Price Returns

       -2.97      9.77      -5.89      0.57      2.81

WisdomTree Emerging Markets ex-State-Owned Enterprises Index

       -1.72      9.98      -4.68      1.22      3.67

MSCI Emerging Markets Index

       -2.05      11.70      -1.73      0.55      2.40
*

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, 2023 (unaudited)

WisdomTree Emerging Markets High Dividend Fund (DEM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    24.4%  

Information Technology

    21.4%  

Materials

    20.0%  

Energy

    17.2%  

Utilities

    4.1%  

Industrials

    3.6%  

Real Estate

    2.7%  

Consumer Staples

    2.4%  

Communication Services

    1.8%  

Consumer Discretionary

    1.5%  

Health Care

    0.4%  

Investment Company

    0.0%

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).

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

Vale SA

    5.1%  

Petroleo Brasileiro SA

    4.7%  

MediaTek, Inc.

    3.8%  

China Construction Bank Corp., Class H

    2.9%  

POSCO Holdings, Inc.

    2.5%  

PetroChina Co. Ltd., Class H

    2.1%  

Industrial & Commercial Bank of China Ltd., Class H

    2.0%  

Bank of China Ltd., Class H

    1.7%  

Nan Ya Plastics Corp.

    1.7%  

Hon Hai Precision Industry Co. Ltd.

    1.7%  
*

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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,044.00        0.63   $ 3.22  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,021.85        0.63   $ 3.18  

Performance

 

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

Fund NAV Returns

       4.40      21.80      9.30      2.86      1.89

Fund Market Price Returns

       3.91      22.61      9.14      2.96      1.90

WisdomTree Emerging Markets High Dividend Index

       4.70      22.84      10.43      3.84      2.78

MSCI Emerging Markets Index

       -2.05      11.70      -1.73      0.55      2.07

MSCI Emerging Markets Value Index

       1.72      16.03      4.40      0.38      1.21
*

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, 2023 (unaudited)

WisdomTree Emerging Markets Multifactor Fund (EMMF)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    20.9%  

Financials

    19.5%  

Consumer Discretionary

    11.9%  

Consumer Staples

    10.2%  

Industrials

    9.9%  

Health Care

    6.5%  

Communication Services

    6.1%  

Energy

    5.8%  

Utilities

    4.2%  

Materials

    4.1%  

Real Estate

    0.2%  

Other Assets less Liabilities‡

    0.7%  

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  

Taiwan Semiconductor Manufacturing Co. Ltd.

    5.5%  

Samsung Electronics Co. Ltd.

    2.2%  

Wiwynn Corp.

    1.5%  

PICC Property & Casualty Co. Ltd., Class H

    1.4%  

People’s Insurance Co. Group of China Ltd., Class H

    1.4%  

Quanta Computer, Inc.

    1.3%  

Vipshop Holdings Ltd., ADR

    1.3%  

Meritz Financial Group, Inc.

    1.3%  

Lite-On Technology Corp., ADR

    1.2%  

Sinopharm Group Co. Ltd., Class H

    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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,074.40        0.48   $ 2.49  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.60        0.48   $ 2.43  

Performance

 

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

Fund NAV Returns

       7.44      19.46      4.71      1.12      1.12

Fund Market Price Returns

       8.05      21.15      4.72      1.22      1.33

MSCI Emerging Markets Index

       -2.05      11.70      -1.73      0.55      0.34
*

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, 2023 (unaudited)

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    23.9%  

Financials

    14.2%  

Industrials

    12.4%  

Consumer Discretionary

    10.8%  

Consumer Staples

    10.6%  

Materials

    8.4%  

Energy

    7.0%  

Health Care

    5.3%  

Communication Services

    3.4%  

Utilities

    3.4%  

Real Estate

    0.6%  

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. 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  

Taiwan Semiconductor Manufacturing Co. Ltd.

    5.9%  

Samsung Electronics Co. Ltd.

    3.7%  

Reliance Industries Ltd.

    1.5%  

Infosys Ltd.

    1.2%  

Tata Consultancy Services Ltd.

    1.0%  

Grupo Bimbo SAB de CV, Series A

    0.9%  

Vale SA

    0.9%  

Cipla Ltd.

    0.8%  

Ford Otomotiv Sanayi AS

    0.8%  

Samsung Electronics Co. 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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,000.30        0.32   $ 1.60  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.40        0.32   $ 1.62  

Performance

 

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

Fund NAV Returns

       0.03      17.85      0.31      1.25      1.59

Fund Market Price Returns

       -0.27      18.55      0.28      1.50      1.60

MSCI Emerging Markets Index

       -2.05      11.70      -1.73      0.55      2.07
*

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, 2023 (unaudited)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    23.6%  

Financials

    15.2%  

Industrials

    14.3%  

Materials

    10.7%  

Consumer Discretionary

    9.7%  

Real Estate

    5.5%  

Consumer Staples

    5.4%  

Utilities

    4.8%  

Energy

    4.0%  

Health Care

    3.9%  

Communication Services

    2.7%  

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. 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  

Wistron Corp.

    1.9%  

Gigabyte Technology Co. Ltd.

    1.3%  

King Yuan Electronics Co. Ltd.

    1.0%  

Growthpoint Properties Ltd.

    0.9%  

Banco del Bajio SA

    0.9%  

Acer, Inc.

    0.9%  

China Galaxy Securities Co. Ltd., Class H

    0.8%  

Thungela Resources Ltd.

    0.8%  

Transmissora Alianca de Energia Eletrica SA

    0.8%  

Truworths International 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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,049.50        0.58   $ 2.97  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns

       4.95      20.97      9.00      4.68      3.81

Fund Market Price Returns

       4.65      21.54      8.81      4.84      3.83

WisdomTree Emerging Markets SmallCap Dividend Index

       5.72      22.63      10.25      5.88      4.87

MSCI Emerging Markets Small Cap Index

       9.50      23.06      10.61      6.45      4.57
*

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, 2023 (unaudited)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    21.4%  

Consumer Discretionary

    16.2%  

Consumer Staples

    15.8%  

Industrials

    14.5%  

Health Care

    13.1%  

Communication Services

    7.2%  

Financials

    4.8%  

Materials

    3.2%  

Utilities

    1.3%  

Energy

    1.0%  

Real Estate

    1.0%  

Investment Company

    0.1%  

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  

Taiwan Semiconductor Manufacturing Co. Ltd.

    7.9%  

LVMH Moet Hennessy Louis Vuitton SE

    4.6%  

Novo Nordisk AS, Class B

    4.6%  

GSK PLC

    4.4%  

Unilever PLC

    4.1%  

Nestle SA, Registered Shares

    3.9%  

SAP SE

    3.2%  

Tencent Holdings Ltd.

    2.8%  

ASML Holding NV

    2.6%  

Infosys Ltd.

    2.3%  
*

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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 957.60        0.42   $ 2.06  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.90        0.42   $ 2.12  

Performance

 

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

Fund NAV Returns

     -4.24      23.10      3.15      5.85      5.47

Fund Market Price Returns

     -4.62      24.21      2.96      5.85      5.53

WisdomTree Global ex-U.S. Quality Dividend Growth Index

     -4.07      23.85      3.67      6.42      6.06

MSCI AC World ex-USA Growth Index

     -5.50      15.84      -1.86      2.54      3.92

MSCI AC World ex-USA Index

     -1.43      20.39      3.74      2.58      3.35
*

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, 2023 (unaudited)

WisdomTree Global High Dividend Fund (DEW)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    25.4%  

Energy

    14.5%  

Health Care

    10.6%  

Consumer Staples

    7.9%  

Utilities

    7.5%  

Information Technology

    7.4%  

Materials

    7.2%  

Real Estate

    6.1%  

Communication Services

    5.2%  

Industrials

    4.1%  

Consumer Discretionary

    3.5%  

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. 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  

Exxon Mobil Corp.

    4.4%  

Chevron Corp.

    2.9%  

AbbVie, Inc.

    2.7%  

JPMorgan Chase & Co.

    2.6%  

Philip Morris International, Inc.

    2.2%  

Broadcom, Inc.

    2.1%  

Merck & Co., Inc.

    1.9%  

Coca-Cola Co.

    1.9%  

Pfizer, Inc.

    1.7%  

Verizon Communications, 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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 997.20        0.58   $ 2.90  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns

       -0.28      15.47      10.73      3.60      4.03

Fund Market Price Returns

       -0.33      15.32      10.64      3.64      3.96

WisdomTree Global High Dividend Index

       -0.55      14.98      10.43      3.31      3.86

MSCI AC World Index

       2.56      20.80      6.89      6.46      7.56
*

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, 2023 (unaudited)

WisdomTree Growth Leaders Fund (PLAT)

 

Sector Breakdown

 

Sector   % of Net Assets  

Communication Services

    26.4%  

Information Technology

    26.3%  

Consumer Discretionary

    22.2%  

Financials

    17.3%  

Industrials

    3.7%  

Health Care

    2.0%  

Real Estate

    1.1%  

Consumer Staples

    0.9%  

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  

Alphabet, Inc., Class A

    9.8%  

Microsoft Corp.

    8.6%  

Apple, Inc.

    8.4%  

Amazon.com, Inc.

    7.1%  

Meta Platforms, Inc., Class A

    5.0%  

Visa, Inc., Class A

    3.6%  

Mastercard, Inc., Class A

    2.9%  

Salesforce, Inc.

    2.2%  

Booking Holdings, Inc.

    1.9%  

Alibaba Group Holding Ltd., ADR

    1.7%  
*

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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,062.20        0.20   $ 1.03  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,024.00        0.20   $ 1.01  

Performance

 

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

Fund NAV Returns

       6.22      24.17      -5.18      5.45

Fund Market Price Returns

       6.19      24.00      -5.40      5.40

WisdomTree Growth Leaders Index

       6.29      24.30      -4.94      5.73

MSCI AC World Index

       2.56      20.80      6.89      7.99

S&P 500® Index

       5.18      21.62      10.15      11.62
*

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, 2023 (unaudited)

WisdomTree India Earnings Fund (EPI)

 

Sector Breakdaown

 

Sector   % of Net Assets  

Financials

    25.5%  

Energy

    16.1%  

Materials

    13.8%  

Information Technology

    12.8%  

Consumer Discretionary

    7.5%  

Industrials

    7.4%  

Utilities

    7.0%  

Health Care

    4.7%  

Consumer Staples

    4.6%  

Communication Services

    1.7%  

Real Estate

    0.7%  

Investment Company

    0.0%

Other Assets less Liabilities‡

    -1.8%  

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  

Reliance Industries Ltd.

    8.1%  

HDFC Bank Ltd.

    6.7%  

ICICI Bank Ltd.

    5.2%  

Infosys Ltd.

    5.1%  

Tata Consultancy Services Ltd.

    3.0%  

Oil & Natural Gas Corp. Ltd.

    2.9%  

Coal India Ltd.

    2.4%  

State Bank of India

    2.4%  

NTPC Ltd.

    2.1%  

Power Grid Corp. of India 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,175.70        0.89   $ 4.84  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,020.55        0.89   $ 4.50  

Performance

 

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

Fund NAV Returns

       17.57      19.54      19.61      11.15      10.92

Fund Market Price Returns

       16.60      20.65      19.02      11.02      10.87

WisdomTree India Earnings Index

       20.86      24.89      23.44      13.53      12.79

MSCI India Index

       15.28      10.10      14.94      9.84      9.75
*

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, 2023 (unaudited)

WisdomTree India ex-State-Owned Enterprises Fund (IXSE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    19.5%  

Consumer Discretionary

    16.6%  

Information Technology

    13.3%  

Materials

    13.0%  

Consumer Staples

    10.9%  

Energy

    9.3%  

Health Care

    8.4%  

Industrials

    5.2%  

Communication Services

    4.5%  

Real Estate

    1.5%  

Utilities

    1.0%  

Other Assets less Liabilities‡

    -3.2%  

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  

Reliance Industries Ltd.

    9.2%  

Infosys Ltd.

    7.4%  

ICICI Bank Ltd.

    7.1%  

Axis Bank Ltd.

    3.9%  

Hindustan Unilever Ltd.

    3.5%  

Bharti Airtel Ltd.

    3.3%  

Kotak Mahindra Bank Ltd.

    2.8%  

Mahindra & Mahindra Ltd.

    2.3%  

Asian Paints Ltd.

    2.2%  

Maruti Suzuki India 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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,137.90        0.58   $ 3.10  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns

       13.79      7.16      12.50      7.83

Fund Market Price Returns

       12.54      7.68      11.75      7.34

WisdomTree India ex-State-Owned Enterprises Index

       16.01      8.84      15.42      10.48

MSCI India Index

       15.28      10.10      14.94      8.68
*

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, 2023 (unaudited)

WisdomTree New Economy Real Estate Fund (WTRE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Real Estate

    87.6%  

Communication Services

    6.4%  

Consumer Discretionary

    4.3%  

Information Technology

    1.0%  

Other Assets less Liabilities‡

    0.7%  

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  

Ventas, Inc.

    5.7%  

Iron Mountain, Inc.

    5.2%  

Cellnex Telecom SA

    5.2%  

Goodman Group

    5.1%  

Equinix, Inc.

    4.3%  

Airbnb, Inc., Class A

    4.3%  

Crown Castle, Inc.

    4.2%  

Digital Realty Trust, Inc.

    4.2%  

Prologis, Inc.

    4.2%  

American Tower Corp.

    4.1%  
*

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 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”). In seeking to track the Index, the Fund invests in dividend-paying companies in global equity securities, including American Depositary Receipts, of listed real estate investment trusts and companies identified as being significantly real estate related. 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, 2023)

 

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

Actual

   $ 1,000.00      $ 941.10        0.58   $ 2.81  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns

       -5.89      2.83      -9.66      -7.98      -1.08

Fund Market Price Returns

       -6.05      2.69      -9.90      -8.11      -1.13

WisdomTree Global ex-U.S. Real Estate/CenterSquare New Economy Real Estate Spliced Index1

       -5.89      2.95      -9.55      -7.84      -0.90

Dow Jones Global ex-U.S. Select Real Estate Securities Index/MSCI World Real Estate Investment Trust USD Spliced Index2

       -9.31      -4.96      -7.04      -6.37      -1.85

MSCI AC World ex-USA Index

       -1.43      20.39      3.74      2.58      3.35
*

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.

2 

Dow Jones Global ex-U.S. Select Real Estate Securities Index through April 20, 2022; MSCI World Real Estate Investment Trust USD 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 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 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.

The WisdomTree China Dividend ex-Financials Index is comprised of Chinese dividend paying stocks outside the Financials sector.

 

14   WisdomTree Trust


Description of Terms and Indexes (unaudited) (continued)

 

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

 

WisdomTree Trust      15  


Description of Terms and Indexes (unaudited) (continued)

 

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.

The New Economy Real Estate Fund is not sponsored, endorsed, sold or promoted by CenterSquare Investment Management LLC (“CenterSquare”), any of its affiliates or any other third party involved in, or related to, calculating, compiling or creating the CenterSquare New Economy Real Estate Index (collectively, the “CenterSquare Parties”). The CenterSquare New Economy Real Estate Index is the exclusive property of CenterSquare and has been licensed for use by WisdomTree Asset Management and WisdomTree Trust as the Issuer of the New Economy Real Estate Fund. CenterSquare and the CenterSquare New Economy Real Estate Index’s name are trademarks of CenterSquare. None of the CenterSquare Parties makes any representation or warranty, express or implied, to the issuer or owners of shares of the New Economy Real Estate Fund, or any other person or entity, regarding the advisability of investing in funds generally, or in the New Economy Real Estate Fund particularly, or the ability of the CenterSquare New Economy Real Estate Index to track its corresponding market performance. None of the CenterSquare Parties has any obligation to take the needs of the issuer or owners of shares of the New Economy Real Estate Fund, or any other person or entity, into consideration in determining, composing or calculating the CenterSquare New Economy Real Estate Index. None of the CenterSquare Parties is responsible for, or has participated in, the determination of the timing of, prices at, or quantities of the New Economy Real Estate Fund to be issued or in the determination or calculation of the equation by, or the consideration into which, the New Economy Real Estate Fund is redeemable. Further, none of the CenterSquare Parties has any obligation or liability to the issuer or owners of shares of the New Economy Real Estate Fund, or any other person or entity, in connection with the administration, marketing or offering of the New Economy Real Estate Fund, whether as a result of statements included in the New Economy Real Estate Fund’s public offering documents or otherwise.

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.

* * * * * *

 

16   WisdomTree Trust


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:                      
BRL   Brazilian real    IDR   Indonesian rupiah    THB   Thai baht
CLP   Chilean peso    INR   Indian rupee    TRY   Turkish new lira
CNY   Chinese yuan    KRW   South Korean won    TWD   New Taiwan dollar
CZK   Czech koruna    MXN   Mexican peso    USD   U.S. dollar
GBP   British pound    MYR   Malaysian ringgit    ZAR   South African rand
HKD   Hong Kong dollar    PHP   Philippine peso     
HUF   Hungary forint    PLN   Polish zloty     
OTHER ABBREVIATIONS:                      
ADR   American Depositary Receipt
CVA   Certificaten Van Aandelen (Certificate of Stock)
GDR   Global Depositary Receipt
NVDR   Non-Voting Depositary Receipt

 

WisdomTree Trust      17  


Schedule of Investments (unaudited)

WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

China – 99.4%

 

Air Freight & Logistics – 1.6%

 

JD Logistics, Inc.*(a)

     1,515,600      $ 1,925,499  

SF Holding Co. Ltd., Class A

     566,261        3,171,046  

YTO Express Group Co. Ltd., Class A

     350,500        723,057  

ZTO Express Cayman, Inc.

     150,832        3,668,801  
     

 

 

 
Total Air Freight & Logistics

 

     9,488,403  
Automobile Components – 0.4%

 

Fuyao Glass Industry Group Co. Ltd., Class A

     158,767        804,540  

Fuyao Glass Industry Group Co. Ltd., Class H(a)

     242,100        1,109,749  

Minth Group Ltd.

     291,200        749,208  
     

 

 

 
Total Automobile Components

 

     2,663,497  
Automobiles – 3.8%

 

Geely Automobile Holdings Ltd.

     1,989,900        2,347,680  

Great Wall Motor Co. Ltd., Class A

     119,500        421,036  

Great Wall Motor Co. Ltd., Class H

     1,072,900        1,279,504  

Li Auto, Inc., Class A*

     465,000        8,211,278  

NIO, Inc., Class A*

     599,270        5,467,143  

XPeng, Inc., Class A*

     506,200        4,521,114  

Yadea Group Holdings Ltd.(a)

     466,200        865,511  
     

 

 

 
Total Automobiles

 

     23,113,266  
Banks – 1.3%

 

China Minsheng Banking Corp. Ltd., Class A

     5,782,836        3,047,880  

China Minsheng Banking Corp. Ltd., Class H

     4,740,900        1,622,300  

Ping An Bank Co. Ltd., Class A

     1,925,300        2,959,662  
     

 

 

 
Total Banks

 

     7,629,842  
Beverages – 1.4%

 

JiuGui Liquor Co. Ltd., Class A

     54,000        653,788  

Nongfu Spring Co. Ltd., Class H(a)

     1,354,300        7,781,495  
     

 

 

 
Total Beverages

 

     8,435,283  
Biotechnology – 3.5%

 

Akeso, Inc.*(a)

     302,600        1,390,936  

BeiGene Ltd.*

     623,900        8,571,620  

Chongqing Zhifei Biological Products Co. Ltd., Class A

     272,850        1,822,682  

Imeik Technology Development Co. Ltd., Class A

     20,280        1,086,323  

Innovent Biologics, Inc.*(a)(b)

     1,067,200        5,212,102  

Walvax Biotechnology Co. Ltd., Class A

     359,200        1,160,562  

Zai Lab Ltd., ADR*(b)

     72,675        1,766,729  
     

 

 

 
Total Biotechnology

 

     21,010,954  
Broadline Retail – 17.9%

 

Alibaba Group Holding Ltd.*

     5,866,000        64,113,792  

JD.com, Inc., Class A

     997,102        14,653,810  

PDD Holdings, Inc., ADR*

     276,807        27,146,462  

Vipshop Holdings Ltd., ADR*

     109,095        1,746,611  
     

 

 

 
Total Broadline Retail

 

     107,660,675  
Building Products – 0.4%

 

Xinyi Glass Holdings Ltd.

     1,708,000        2,211,370  
Capital Markets – 1.0%

 

East Money Information Co. Ltd., Class A

     2,786,843        5,814,091  
Chemicals – 2.2%

 

Canmax Technologies Co. Ltd., Class A

     110,960      391,404  

Chengxin Lithium Group Co. Ltd., Class A

     167,900        515,286  

Dongyue Group Ltd.

     1,115,900        839,221  

Ganfeng Lithium Group Co. Ltd., Class A

     243,600        1,491,207  

Ganfeng Lithium Group Co. Ltd., Class H(a)

     312,740        1,283,808  

Guangzhou Tinci Materials Technology Co. Ltd., Class A

     265,700        985,742  

Hengli Petrochemical Co. Ltd., Class A*

     623,800        1,232,916  

Jiangsu Eastern Shenghong Co. Ltd., Class A

     559,800        887,443  

Ningxia Baofeng Energy Group Co. Ltd., Class A

     475,400        933,085  

Rongsheng Petrochemical Co. Ltd., Class A

     728,300        1,190,551  

Shanghai Putailai New Energy Technology Co. Ltd., Class A

     195,015        783,995  

Shenzhen Dynanonic Co. Ltd., Class A

     45,931        482,651  

Sichuan Yahua Industrial Group Co. Ltd., Class A

     212,300        436,503  

Tianqi Lithium Corp., Class A

     245,488        1,850,826  
     

 

 

 
Total Chemicals

 

     13,304,638  
Communications Equipment – 0.1%

 

Hengtong Optic-electric Co. Ltd., Class A

     411,169        796,858  
Construction & Engineering – 0.2%

 

China Conch Venture Holdings Ltd.

     1,147,163        978,447  
Construction Materials – 0.2%

 

China Jushi Co. Ltd., Class A

     515,500        955,187  
Consumer Finance – 0.1%

 

Lufax Holding Ltd., ADR

     578,101        612,787  
Consumer Staples Distribution & Retail – 0.3%

 

JD Health International, Inc.*(a)

     405,750        2,103,392  
Diversified Consumer Services – 1.0%

 

East Buy Holding Ltd.*(a)(b)

     149,000        702,969  

New Oriental Education & Technology Group, Inc.*

     609,463        3,711,944  

TAL Education Group, ADR*(b)

     208,586        1,900,218  
     

 

 

 
Total Diversified Consumer Services

 

     6,315,131  
Electrical Equipment – 4.1%

 

Contemporary Amperex Technology Co. Ltd., Class A

     530,006        14,769,532  

Ginlong Technologies Co. Ltd., Class A

     49,500        533,404  

Goldwind Science & Technology Co. Ltd., Class A

     553,715        701,477  

Gotion High-tech Co. Ltd., Class A*

     198,400        631,765  

Hongfa Technology Co. Ltd., Class A

     171,600        790,197  

Jiangsu Zhongtian Technology Co. Ltd., Class A

     592,000        1,206,629  

Jiangxi Special Electric Motor Co. Ltd., Class A*

     323,600        394,409  

Ming Yang Smart Energy Group Ltd., Class A

     407,300        882,160  

Ningbo Orient Wires & Cables Co. Ltd., Class A

     99,900        545,863  

Sungrow Power Supply Co. Ltd., Class A

     213,800        2,626,667  

Suzhou Maxwell Technologies Co. Ltd., Class A

     34,829        605,298  

Zhejiang Chint Electrics Co. Ltd., Class A

     246,800        788,933  
     

 

 

 
Total Electrical Equipment

 

     24,476,334  
Electronic Equipment, Instruments & Components – 3.9%

 

AAC Technologies Holdings, Inc.

     589,200        1,008,099  

BOE Technology Group Co. Ltd., Class A

     7,185,500        3,806,887  

 

See Notes to Financial Statements.

 

18   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

September 30, 2023

 

 

 

Investments    Shares      Value  

Chaozhou Three-Circle Group Co. Ltd., Class A

     273,400      $ 1,163,285  

Foxconn Industrial Internet Co. Ltd., Class A

     1,062,400        2,872,632  

GoerTek, Inc., Class A

     577,900        1,251,657  

Kingboard Holdings Ltd.

     488,300        1,096,077  

Luxshare Precision Industry Co. Ltd., Class A

     1,057,676        4,328,985  

Maxscend Microelectronics Co. Ltd., Class A

     73,400        1,175,690  

Sunny Optical Technology Group Co. Ltd.

     554,800        3,874,890  

Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A

     312,700        744,222  

TCL Technology Group Corp., Class A*

     1,802,160        1,009,205  

Wingtech Technology Co. Ltd., Class A*

     209,600        1,255,745  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     23,587,374  
Energy Equipment & Services – 0.0%

 

China Common Rich Renewable Energy Investments Ltd.*(b)

     502,000        0  
Entertainment – 5.8%

 

Bilibili, Inc., Class Z*(b)

     213,945        2,958,464  

Kingsoft Corp. Ltd.

     823,000        2,984,378  

NetEase, Inc.

     1,438,415        29,294,125  
     

 

 

 
Total Entertainment

 

     35,236,967  
Food Products – 3.4%

 

China Feihe Ltd.(a)

     2,773,100        1,635,849  

Foshan Haitian Flavouring & Food Co. Ltd., Class A

     406,947        2,121,939  

Guangdong Haid Group Co. Ltd., Class A

     160,703        998,087  

Henan Shuanghui Investment & Development Co. Ltd., Class A

     224,100        811,721  

Inner Mongolia Yili Industrial Group Co. Ltd., Class A

     1,228,800        4,474,497  

Muyuan Foods Co. Ltd., Class A

     489,474        2,545,540  

Tingyi Cayman Islands Holding Corp.

     1,433,000        2,001,701  

Uni-President China Holdings Ltd.

     991,000        695,940  

Want Want China Holdings Ltd.

     3,777,100        2,464,422  

Wens Foodstuffs Group Co. Ltd., Class A

     1,075,300        2,565,105  
     

 

 

 
Total Food Products

 

     20,314,801  
Gas Utilities – 0.8%

 

ENN Energy Holdings Ltd.

     598,100        4,963,897  
Health Care Equipment & Supplies – 1.4%

 

Lepu Medical Technology Beijing Co. Ltd., Class A

     288,500        650,593  

Lifetech Scientific Corp.*

     2,390,100        732,425  

Microport Scientific Corp.*(b)

     595,500        900,262  

Shandong Weigao Group Medical Polymer Co. Ltd., Class H

     1,824,000        1,602,319  

Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A

     126,874        4,698,469  
     

 

 

 
Total Health Care Equipment & Supplies

 

     8,584,068  
Health Care Providers & Services – 0.9%

 

Aier Eye Hospital Group Co. Ltd., Class A

     931,780        2,298,197  

Huadong Medicine Co. Ltd., Class A

     174,040        1,009,018  

Hygeia Healthcare Holdings Co. Ltd.(a)

     296,100        1,659,734  

Topchoice Medical Corp., Class A*

     52,300        633,134  
     

 

 

 
Total Health Care Providers & Services

 

     5,600,083  
Hotels, Restaurants & Leisure – 8.1%

 

H World Group Ltd.*

     568,270      $ 2,238,440  

Haichang Ocean Park Holdings Ltd.*(a)

     1,255,000        187,484  

Haidilao International Holding Ltd.(a)

     714,000        1,914,490  

Jiumaojiu International Holdings Ltd.(a)

     312,700        425,619  

Meituan, Class B*(a)

     1,804,800        26,408,841  

Super Hi International Holding Ltd.*

     71,199        140,546  

Tongcheng Travel Holdings Ltd.*

     439,200        964,554  

Trip.com Group Ltd.*

     208,477        7,432,060  

Yum China Holdings, Inc.

     156,400        8,822,631  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     48,534,665  
Household Durables – 1.1%

 

Gree Electric Appliances, Inc. of Zhuhai, Class A

     465,300        2,318,278  

Haier Smart Home Co. Ltd., Class A

     425,700        1,378,927  

Haier Smart Home Co. Ltd., Class H

     858,100        2,700,788  
     

 

 

 
Total Household Durables

 

     6,397,993  
Household Products – 0.1%

 

Blue Moon Group Holdings Ltd.(a)(b)

     1,243,300        412,748  
Industrial Conglomerates – 0.2%

 

Fosun International Ltd.

     1,587,700        1,003,481  
Insurance – 7.0%

 

Ping An Insurance Group Co. of China Ltd., Class A

     2,018,894        13,384,014  

Ping An Insurance Group Co. of China Ltd., Class H

     4,717,400        27,014,740  

ZhongAn Online P&C Insurance Co. Ltd., Class H*(a)(b)

     547,700        1,615,438  
     

 

 

 
Total Insurance

 

     42,014,192  
Interactive Media & Services – 3.7%

 

Autohome, Inc., ADR

     45,769        1,389,089  

JOYY, Inc., ADR

     34,924        1,330,954  

Kanzhun Ltd., ADR*

     268,276        4,069,747  

Kuaishou Technology*(a)

     1,949,200        15,642,181  
     

 

 

 
Total Interactive Media & Services

 

     22,431,971  
IT Services – 0.4%

 

Chindata Group Holdings Ltd., ADR*(b)

     130,920        1,086,636  

GDS Holdings Ltd., Class A*

     847,600        1,168,827  
     

 

 

 
Total IT Services

 

     2,255,463  
Life Sciences Tools & Services – 5.0%

 

Genscript Biotech Corp.*

     940,400        2,479,524  

Hangzhou Tigermed Consulting Co. Ltd., Class A

     130,467        1,192,616  

Pharmaron Beijing Co. Ltd., Class A

     231,825        989,570  

WuXi AppTec Co. Ltd., Class A

     508,947        6,020,115  

WuXi AppTec Co. Ltd., Class H(a)(b)

     296,295        3,546,755  

Wuxi Biologics Cayman, Inc.*(a)

     2,779,400        16,200,465  
     

 

 

 
Total Life Sciences Tools & Services

 

     30,429,045  
Machinery – 1.3%

 

Haitian International Holdings Ltd.

     497,400        1,054,264  

Ningbo Deye Technology Co. Ltd., Class A

     33,744        358,664  

Sany Heavy Industry Co. Ltd., Class A

     1,333,648        2,908,646  

Shenzhen Inovance Technology Co. Ltd., Class A

     395,600        3,610,259  
     

 

 

 
Total Machinery

 

     7,931,833  

 

See Notes to Financial Statements.

 

WisdomTree Trust      19  


Schedule of Investments (unaudited) (continued)

WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

September 30, 2023

 

 

 

Investments    Shares      Value  
Marine Transportation – 0.3%

 

SITC International Holdings Co. Ltd.

     968,000      $ 1,626,548  
Media – 0.4%

 

Focus Media Information Technology Co. Ltd., Class A

     2,219,124        2,177,777  
Metals & Mining – 0.8%

 

China Hongqiao Group Ltd.(b)

     1,520,600        1,489,176  

GEM Co. Ltd., Class A

     1,062,700        888,288  

Sinomine Resource Group Co. Ltd., Class A

     118,060        589,996  

YongXing Special Materials Technology Co. Ltd., Class A

     61,542        383,658  

Zhejiang Huayou Cobalt Co. Ltd., Class A

     286,950        1,477,335  
     

 

 

 
Total Metals & Mining

 

     4,828,453  
Paper & Forest Products – 0.1%

 

Nine Dragons Paper Holdings Ltd.*

     1,351,100        759,059  
Personal Care Products – 0.3%

 

Hengan International Group Co. Ltd.

     518,400        1,651,472  
Pharmaceuticals – 2.4%

 

Asymchem Laboratories Tianjin Co. Ltd., Class A

     52,027        1,083,278  

China Medical System Holdings Ltd.

     945,000        1,431,041  

Hansoh Pharmaceutical Group Co. Ltd.(a)

     886,100        1,206,079  

Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A

     868,968        5,359,973  

Kangmei Pharmaceutical Co. Ltd., Class A*

     199,602        50,957  

Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A

     253,904        996,693  

Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H

     390,400        917,198  

Sino Biopharmaceutical Ltd.

     7,467,150        2,698,218  

Zhejiang NHU Co. Ltd., Class A

     358,660        799,456  
     

 

 

 
Total Pharmaceuticals

 

     14,542,893  
Real Estate Management & Development – 3.4%

 

C&D International Investment Group Ltd.

     478,081        1,163,483  

Country Garden Holdings Co. Ltd.*(b)

     8,656,936        1,005,868  

Country Garden Services Holdings Co. Ltd.(b)

     1,717,300        1,771,712  

ESR Group Ltd.(a)

     1,838,800        2,582,634  

Gemdale Corp., Class A

     920,900        862,030  

KE Holdings, Inc., ADR

     582,034        9,033,168  

Longfor Group Holdings Ltd.(a)

     1,416,700        2,546,925  

Wharf Holdings Ltd.(b)

     716,000        1,795,520  
     

 

 

 
Total Real Estate Management & Development

 

     20,761,340  
Semiconductors & Semiconductor Equipment – 4.9%

 

Daqo New Energy Corp., ADR*(b)

     43,079        1,304,001  

GCL Technology Holdings Ltd.

     16,928,000        3,155,689  

GigaDevice Semiconductor, Inc., Class A

     155,726        2,107,482  

Hangzhou First Applied Material Co. Ltd., Class A

     169,012        662,524  

Hangzhou Silan Microelectronics Co. Ltd., Class A

     193,000        645,298  

Hoyuan Green Energy Co. Ltd., Class A

     61,295        352,336  

JA Solar Technology Co. Ltd., Class A

     369,960        1,298,916  

JCET Group Co. Ltd., Class A

     307,807        1,288,558  

JinkoSolar Holding Co. Ltd., ADR*(b)

     33,056        1,003,911  

LONGi Green Energy Technology Co. Ltd., Class A

     1,416,768      5,304,798  

Montage Technology Co. Ltd., Class A

     232,761        1,587,787  

SG Micro Corp., Class A

     73,345        782,904  

Shenzhen SC New Energy Technology Corp., Class A

     59,200        617,128  

Tongwei Co. Ltd., Class A

     554,558        2,455,484  

Trina Solar Co. Ltd., Class A

     256,743        1,077,258  

Will Semiconductor Co. Ltd., Class A

     168,966        2,158,182  

Xinyi Solar Holdings Ltd.

     3,658,765        2,737,586  

Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A

     138,157        904,707  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     29,444,549  
Software – 1.5%

 

Beijing Kingsoft Office Software, Inc., Class A

     49,486        2,518,534  

Hundsun Technologies, Inc., Class A

     330,010        1,469,831  

Kingdee International Software Group Co. Ltd.*

     2,355,700        2,899,564  

Thunder Software Technology Co. Ltd., Class A

     71,000        746,178  

Yonyou Network Technology Co. Ltd., Class A

     505,413        1,152,931  
     

 

 

 
Total Software

 

     8,787,038  
Specialty Retail – 0.4%

 

Pop Mart International Group Ltd.(a)

     278,500        823,212  

Topsports International Holdings Ltd.(a)

     1,194,200        907,256  

Zhongsheng Group Holdings Ltd.

     238,600        671,761  
     

 

 

 
Total Specialty Retail

 

     2,402,229  
Technology Hardware, Storage & Peripherals – 0.1%

 

Ninestar Corp., Class A

     187,400        665,157  
Textiles, Apparel & Luxury Goods – 2.1%

 

ANTA Sports Products Ltd.

     459,300        5,169,570  

Bosideng International Holdings Ltd.

     1,218,000        524,098  

Li Ning Co. Ltd.

     932,500        3,923,195  

Shenzhou International Group Holdings Ltd.

     301,100        2,883,418  

Xtep International Holdings Ltd.

     531,200        492,414  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     12,992,695  
Trading Companies & Distributors – 0.1%

 

Beijing United Information Technology Co. Ltd., Class A

     101,810        464,351  
     

 

 

 
Total China

 

     598,372,297  
United States – 0.4%

 

Biotechnology – 0.4%

 

Legend Biotech Corp., ADR*      41,417        2,781,980  

TOTAL COMMON STOCKS

(Cost: $818,912,073)

 

 

     601,154,277  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.9%

 

United States – 1.9%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

(Cost: $11,469,536)

     11,469,536        11,469,536  

TOTAL INVESTMENTS IN SECURITIES – 101.7%

(Cost: $830,381,609)

 

 

     612,623,813  

Other Assets less Liabilities – (1.7)%

        (10,417,600
     

 

 

 
NET ASSETS – 100.0%             $ 602,206,213  

 

See Notes to Financial Statements.

 

20   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

September 30, 2023

 

* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 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, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $19,455,492 and the total market value of the collateral held by the Fund was $20,584,063. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $9,114,527.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

FAIR VALUATION SUMMARY
The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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  

Other

     601,154,277                      601,154,277  

Investment of Cash Collateral for Securities Loaned

            11,469,536               11,469,536  

Total Investments in Securities

   $ 601,154,277      $ 11,469,536      $ 0      $ 612,623,813  
* 

Fair valuations using significant unobservable inputs were determined by a valuation committee of WisdomTree Asset Management, Inc. in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

See Notes to Financial Statements.

 

WisdomTree Trust      21  


Schedule of Investments (unaudited)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.0%

 

Brazil – 4.3%

 

3R Petroleum Oleo e Gas SA*

     111,520      $ 703,629  

Ambev SA

     2,689,294        7,044,003  

Arezzo Industria e Comercio SA

     70,771        918,502  

Atacadao SA

     442,516        786,860  

B3 SA – Brasil Bolsa Balcao

     3,169,105        7,781,567  

Banco Bradesco SA

     948,826        2,399,931  

Banco Santander Brasil SA

     201,193        1,047,127  

BRF SA*

     436,514        888,691  

CCR SA

     618,100        1,591,806  

Cia Siderurgica Nacional SA

     356,190        863,931  

Cosan SA

     800,860        2,742,496  

Embraer SA*

     494,902        1,702,672  

Energisa SA

     106,032        990,369  

Engie Brasil Energia SA

     115,081        952,570  

Equatorial Energia SA

     472,838        3,028,687  

Grupo De Moda Soma SA

     309,490        411,194  

Hapvida Participacoes e Investimentos SA*(a)

     2,857,461        2,683,223  

Hypera SA

     269,145        1,997,132  

Itau Unibanco Holding SA

     320,589        1,477,020  

Localiza Rent a Car SA

     481,075        5,628,497  

Lojas Renner SA

     562,400        1,505,666  

Magazine Luiza SA*

     1,646,569        697,420  

Natura & Co. Holding SA*

     540,613        1,572,630  

PRIO SA*

     437,759        4,114,158  

Raia Drogasil SA

     681,170        3,758,874  

Rede D’Or Sao Luiz SA(a)

     625,724        3,176,626  

Rumo SA

     741,945        3,382,719  

Sendas Distribuidora SA

     772,636        1,877,099  

Suzano SA

     402,192        4,361,660  

Telefonica Brasil SA

     306,541        2,644,538  

TIM SA

     746,683        2,221,312  

TOTVS SA

     290,660        1,567,933  

Transmissora Alianca de Energia Eletrica SA

     72,953        503,727  

Ultrapar Participacoes SA

     500,231        1,873,917  

Vibra Energia SA

     687,702        2,599,561  

WEG SA

     835,407        6,053,746  
     

 

 

 
Total Brazil

 

     87,551,493  
Chile – 0.3%

 

Banco de Chile

     18,120,587        1,835,486  

Banco Santander Chile

     35,507,065        1,635,547  

Empresas CMPC SA

     870,624        1,594,479  

Empresas Copec SA

     148,040        1,043,994  
     

 

 

 
Total Chile

 

     6,109,506  
China – 25.5%

 

AAC Technologies Holdings, Inc.

     568,500        972,682  

Aier Eye Hospital Group Co. Ltd., Class A

     654,585        1,614,507  

Alibaba Group Holding Ltd.*

     7,282,032        79,590,638  

ANTA Sports Products Ltd.

     591,300        6,655,272  

Asymchem Laboratories Tianjin Co. Ltd., Class A

     43,840        912,813  

Autohome, Inc., ADR

     47,487        1,441,230  

BeiGene Ltd.*

     413,100      5,675,487  

Beijing Kingsoft Office Software, Inc., Class A

     33,497        1,704,792  

Beijing United Information Technology Co. Ltd., Class A

     153,655        700,814  

Bilibili, Inc., Class Z*(b)

     164,174        2,270,223  

BOE Technology Group Co. Ltd., Class A

     6,466,400        3,425,907  

Bosideng International Holdings Ltd.

     1,764,000        759,039  

China Common Rich Renewable Energy Investments Ltd.*

     102,000        0  

China Conch Venture Holdings Ltd.

     854,900        729,168  

China Feihe Ltd.(a)

     1,266,000        746,812  

China Hongqiao Group Ltd.

     1,361,500        1,333,364  

China Minsheng Banking Corp. Ltd., Class A

     3,615,479        1,905,561  

China Minsheng Banking Corp. Ltd., Class H

     3,035,500        1,038,725  

Chongqing Zhifei Biological Products Co. Ltd., Class A

     204,750        1,367,763  

Contemporary Amperex Technology Co. Ltd., Class A

     350,650        9,771,468  

Country Garden Services Holdings Co. Ltd.

     876,000        903,756  

Daqo New Energy Corp., ADR*

     27,614        835,876  

East Money Information Co. Ltd., Class A

     1,834,453        3,827,154  

ENN Energy Holdings Ltd.

     357,200        2,964,561  

ESR Group Ltd.(a)

     1,086,200        1,525,591  

Focus Media Information Technology Co. Ltd., Class A

     2,260,300        2,218,186  

Foshan Haitian Flavouring & Food Co. Ltd., Class A

     319,766        1,667,352  

Foxconn Industrial Internet Co. Ltd., Class A

     726,200        1,963,578  

Fuyao Glass Industry Group Co. Ltd., Class A

     260,282        1,318,960  

Fuyao Glass Industry Group Co. Ltd., Class H(a)

     305,600        1,400,824  

Ganfeng Lithium Group Co. Ltd., Class A

     146,320        895,704  

Ganfeng Lithium Group Co. Ltd., Class H(a)(b)

     147,600        605,903  

GCL Technology Holdings Ltd.

     10,840,000        2,020,774  

GDS Holdings Ltd., Class A*

     490,852        676,877  

Geely Automobile Holdings Ltd.

     2,108,000        2,487,014  

Gemdale Corp., Class A

     1,016,900        951,894  

Genscript Biotech Corp.*

     758,000        1,998,596  

GigaDevice Semiconductor, Inc., Class A

     131,400        1,778,271  

Ginlong Technologies Co. Ltd., Class A

     46,000        495,688  

GoerTek, Inc., Class A

     441,300        955,799  

Great Wall Motor Co. Ltd., Class H

     1,611,700        1,922,059  

Gree Electric Appliances, Inc. of Zhuhai, Class A

     686,500        3,420,369  

Guangdong Haid Group Co. Ltd., Class A

     144,900        899,938  

Guangzhou Tinci Materials Technology Co. Ltd., Class A

     233,400        865,910  

H World Group Ltd.*

     757,070        2,982,132  

Haichang Ocean Park Holdings Ltd.*(a)

     1,890,000        282,347  

Haidilao International Holding Ltd.(a)

     773,300        2,073,495  

Haier Smart Home Co. Ltd., Class A

     733,500        2,375,953  

Haier Smart Home Co. Ltd., Class H

     961,200        3,025,285  

Hangzhou First Applied Material Co. Ltd., Class A

     149,304        585,269  

 

See Notes to Financial Statements.

 

22   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

September 30, 2023

 

 

 

Investments    Shares      Value  

Hangzhou Tigermed Consulting Co. Ltd., Class A

     128,500      $ 1,174,635  

Hengan International Group Co. Ltd.

     186,000        592,542  

Hengli Petrochemical Co. Ltd., Class A*

     400,940        792,442  

Hengtong Optic-electric Co. Ltd., Class A

     464,700        900,602  

Hundsun Technologies, Inc., Class A

     247,571        1,102,656  

Hygeia Healthcare Holdings Co. Ltd.(a)

     191,000        1,070,616  

Imeik Technology Development Co. Ltd., Class A

     19,500        1,044,541  

Inner Mongolia Yili Industrial Group Co. Ltd., Class A

     924,600        3,366,797  

Innovent Biologics, Inc.*(a)(b)

     645,500        3,152,560  

JA Solar Technology Co. Ltd., Class A

     221,152        776,457  

JCET Group Co. Ltd., Class A

     323,200        1,352,997  

JD Health International, Inc.*(a)

     482,850        2,503,075  

JD Logistics, Inc.*(a)

     848,100        1,077,471  

JD.com, Inc., Class A

     1,172,409        17,230,192  

Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A

     634,513        3,913,806  

Jiangsu Zhongtian Technology Co. Ltd., Class A

     435,400        887,443  

JinkoSolar Holding Co. Ltd., ADR*(b)

     30,457        924,979  

Jiumaojiu International Holdings Ltd.(a)

     511,000        695,527  

JOYY, Inc., ADR

     34,647        1,320,397  

Kangmei Pharmaceutical Co. Ltd., Class A*

     31,038        7,924  

Kanzhun Ltd., ADR*

     241,038        3,656,546  

KE Holdings, Inc., ADR

     349,027        5,416,899  

Kingboard Holdings Ltd.

     330,000        740,745  

Kingdee International Software Group Co. Ltd.*

     1,314,000        1,617,365  

Kingsoft Corp. Ltd.

     752,600        2,729,092  

Kuaishou Technology*(a)

     1,752,100        14,060,469  

Li Auto, Inc., Class A*

     579,200        10,227,898  

Li Ning Co. Ltd.

     1,158,000        4,871,914  

Lifetech Scientific Corp.*(b)

     2,764,000        847,003  

Longfor Group Holdings Ltd.(a)

     869,000        1,562,277  

LONGi Green Energy Technology Co. Ltd., Class A

     956,772        3,582,437  

Lufax Holding Ltd., ADR

     543,073        575,657  

Luxshare Precision Industry Co. Ltd., Class A

     728,300        2,980,874  

Meituan, Class B*(a)

     2,147,800        31,427,808  

Microport Scientific Corp.*

     285,500        431,612  

Ming Yang Smart Energy Group Ltd., Class A

     393,900        853,137  

Minth Group Ltd.

     494,000        1,270,977  

Montage Technology Co. Ltd., Class A

     167,368        1,141,707  

Muyuan Foods Co. Ltd., Class A

     347,976        1,809,671  

NetEase, Inc.

     1,303,430        26,545,080  

New Oriental Education & Technology Group, Inc.*

     773,936        4,713,669  

Nine Dragons Paper Holdings Ltd.*

     1,412,000        793,274  

Ninestar Corp., Class A

     223,800        794,354  

Ningbo Deye Technology Co. Ltd., Class A

     42,140        447,905  

NIO, Inc., Class A*

     741,190        6,761,879  

Nongfu Spring Co. Ltd., Class H(a)

     778,400        4,472,507  

PDD Holdings, Inc., ADR*

     335,834        32,935,240  

Pharmaron Beijing Co. Ltd., Class A

     199,266        850,588  

Ping An Bank Co. Ltd., Class A

     1,285,226        1,975,710  

Ping An Insurance Group Co. of China Ltd., Class A

     1,334,800      8,848,895  

Ping An Insurance Group Co. of China Ltd., Class H

     2,716,000        15,553,490  

Pop Mart International Group Ltd.(a)

     349,400        1,032,784  

Rongsheng Petrochemical Co. Ltd., Class A

     616,800        1,008,282  

Sany Heavy Industry Co. Ltd., Class A

     866,036        1,888,798  

SF Holding Co. Ltd., Class A

     356,373        1,995,679  

Shandong Weigao Group Medical Polymer Co. Ltd., Class H

     1,266,600        1,112,663  

Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A

     338,373        1,328,273  

Shanghai Putailai New Energy Technology Co. Ltd., Class A

     184,165        740,376  

Shenzhen Dynanonic Co. Ltd., Class A

     36,800        386,701  

Shenzhen Inovance Technology Co. Ltd., Class A

     289,200        2,639,249  

Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A

     96,400        3,569,939  

Shenzhou International Group Holdings Ltd.

     363,300        3,479,063  

Sino Biopharmaceutical Ltd.

     2,271,000        820,615  

SITC International Holdings Co. Ltd.

     794,000        1,334,173  

Sungrow Power Supply Co. Ltd., Class A

     140,700        1,728,588  

Sunny Optical Technology Group Co. Ltd.

     269,100        1,879,475  

Super Hi International Holding Ltd.*(b)

     107,329        211,866  

Suzhou Maxwell Technologies Co. Ltd., Class A

     31,840        553,352  

TAL Education Group, ADR*(b)

     258,879        2,358,388  

TCL Technology Group Corp., Class A*

     3,234,930        1,811,552  

Tianqi Lithium Corp., Class A

     173,500        1,308,082  

Tingyi Cayman Islands Holding Corp.

     666,000        930,309  

Tongcheng Travel Holdings Ltd.*

     555,200        1,219,308  

Tongwei Co. Ltd., Class A

     398,358        1,763,858  

Topsports International Holdings Ltd.(a)

     1,668,000        1,267,210  

Trina Solar Co. Ltd., Class A

     206,780        867,620  

Trip.com Group Ltd.*

     256,920        9,159,019  

Vipshop Holdings Ltd., ADR*

     126,872        2,031,221  

Walvax Biotechnology Co. Ltd., Class A

     266,700        861,698  

Want Want China Holdings Ltd.

     2,634,000        1,718,590  

Wens Foodstuffs Group Co. Ltd., Class A

     802,900        1,915,301  

Wharf Holdings Ltd.(b)

     564,000        1,414,348  

Will Semiconductor Co. Ltd., Class A

     160,440        2,049,281  

Wingtech Technology Co. Ltd., Class A*

     153,170        917,664  

WuXi AppTec Co. Ltd., Class A

     377,673        4,467,331  

WuXi AppTec Co. Ltd., Class H(a)

     154,000        1,843,434  

Wuxi Biologics Cayman, Inc.*(a)

     1,687,500        9,836,038  

Xinyi Glass Holdings Ltd.

     924,000        1,196,315  

Xinyi Solar Holdings Ltd.

     2,303,753        1,723,730  

XPeng, Inc., Class A*(b)

     616,400        5,505,363  

Xtep International Holdings Ltd.

     996,000        923,276  

Yadea Group Holdings Ltd.(a)

     646,000        1,199,313  

Yum China Holdings, Inc.

     189,744        10,703,588  

Zai Lab Ltd., ADR*(b)

     45,227        1,099,468  

Zhejiang Huayou Cobalt Co. Ltd., Class A

     210,670        1,084,615  

Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A

     156,700        1,026,134  

 

See Notes to Financial Statements.

 

WisdomTree Trust      23  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

September 30, 2023

 

 

 

Investments    Shares      Value  

Zhejiang NHU Co. Ltd., Class A

     405,480      $ 903,818  

ZhongAn Online P&C Insurance Co. Ltd., Class H*(a)

     352,000        1,038,222  

Zhongsheng Group Holdings Ltd.

     317,000        892,490  

ZTO Express Cayman, Inc.

     192,012        4,670,453  
     

 

 

 
Total China

 

     516,342,631  
Czech Republic – 0.1%

 

Komercni Banka AS

     88,211        2,576,847  
Hungary – 0.2%

 

MOL Hungarian Oil & Gas PLC

     124,059        945,045  

OTP Bank Nyrt

     82,091        2,976,770  

Richter Gedeon Nyrt

     41,998        1,020,817  
     

 

 

 
Total Hungary

 

     4,942,632  
India – 19.8%

 

Aarti Industries Ltd.

     188,121        1,113,214  

Aarti Pharmalabs Ltd.*

     42,326        235,455  

ABB India Ltd.

     32,224        1,590,318  

ACC Ltd.

     50,235        1,217,291  

Adani Green Energy Ltd.*

     174,330        2,072,342  

Adani Total Gas Ltd.

     164,824        1,217,206  

Alkem Laboratories Ltd.

     30,084        1,306,337  

Ambuja Cements Ltd.

     323,962        1,657,237  

APL Apollo Tubes Ltd.

     103,988        2,034,898  

Apollo Hospitals Enterprise Ltd.

     52,109        3,223,976  

Ashok Leyland Ltd.

     912,965        1,945,958  

Asian Paints Ltd.

     218,439        8,315,104  

Astral Ltd.

     75,486        1,738,452  

Atul Ltd.

     18,463        1,566,486  

AU Small Finance Bank Ltd.(a)

     215,035        1,847,606  

Avenue Supermarts Ltd.*(a)

     71,401        3,160,375  

Axis Bank Ltd.

     1,236,994        15,442,827  

Bajaj Auto Ltd.

     33,914        2,068,012  

Bajaj Finserv Ltd.

     179,639        3,331,946  

Balkrishna Industries Ltd.

     45,646        1,405,968  

Bandhan Bank Ltd.(a)

     376,364        1,140,315  

Bata India Ltd.

     71,920        1,392,996  

Berger Paints India Ltd.

     150,747        1,032,649  

Berger Paints India Ltd.*

     30,149        206,530  

Bharat Forge Ltd.

     141,248        1,856,744  

Bharti Airtel Ltd.

     1,717,294        19,157,963  

Biocon Ltd.

     409,206        1,341,332  

Britannia Industries Ltd.

     58,809        3,213,165  

CG Power & Industrial Solutions Ltd.

     366,462        1,951,434  

Cipla Ltd.

     269,658        3,851,758  

Coforge Ltd.

     24,664        1,516,068  

Colgate-Palmolive India Ltd.

     76,994        1,859,501  

Crompton Greaves Consumer Electricals Ltd.

     375,245        1,400,143  

Cummins India Ltd.

     81,727        1,669,454  

Dabur India Ltd.

     255,638        1,698,071  

Deepak Nitrite Ltd.

     48,122        1,228,790  

Divi’s Laboratories Ltd.

     65,748        2,981,062  

Dixon Technologies India Ltd.

     17,314        1,102,802  

DLF Ltd.

     445,550        2,848,494  

Dr. Lal PathLabs Ltd.(a)

     39,127      1,189,412  

Dr. Reddy’s Laboratories Ltd.

     57,055        3,838,650  

Eicher Motors Ltd.

     67,100        2,785,246  

Emami Ltd.

     186,687        1,210,502  

Federal Bank Ltd.

     1,394,175        2,471,333  

Fortis Healthcare Ltd.

     351,646        1,439,550  

Godrej Consumer Products Ltd.*

     157,391        1,879,414  

Godrej Properties Ltd.*

     96,428        1,804,630  

Grasim Industries Ltd.

     226,843        5,306,036  

Gujarat Fluorochemicals Ltd.

     26,800        984,314  

Havells India Ltd.

     136,495        2,283,019  

HCL Technologies Ltd.

     499,798        7,431,856  

HDFC Asset Management Co. Ltd.(a)

     62,981        2,007,906  

HDFC Life Insurance Co. Ltd.(a)

     515,853        3,959,535  

Hero MotoCorp Ltd.

     52,294        1,925,258  

Hindustan Unilever Ltd.

     424,106        12,592,245  

ICICI Bank Ltd., ADR

     994,733        22,998,227  

ICICI Lombard General Insurance Co. Ltd.(a)

     113,955        1,797,056  

ICICI Prudential Life Insurance Co. Ltd.(a)

     206,927        1,410,890  

IDFC First Bank Ltd.*

     1,704,593        1,960,335  

Indian Hotels Co. Ltd.

     457,565        2,265,199  

Indus Towers Ltd.*

     572,246        1,321,025  

Info Edge India Ltd.

     57,189        2,868,566  

Infosys Ltd., ADR(b)

     1,333,293        22,812,643  

InterGlobe Aviation Ltd.*(a)

     61,749        1,770,647  

JSW Steel Ltd.

     431,179        4,047,954  

Jubilant Foodworks Ltd.

     129,150        829,104  

Kotak Mahindra Bank Ltd.

     496,226        10,371,947  

Laurus Labs Ltd.(a)

     226,677        1,079,320  

Lupin Ltd.

     135,497        1,911,109  

Mahindra & Mahindra Ltd.

     473,373        8,859,934  

Marico Ltd.

     286,987        1,941,038  

Maruti Suzuki India Ltd.

     62,259        7,955,147  

Max Financial Services Ltd.*

     128,975        1,412,973  

Max Healthcare Institute Ltd.

     336,824        2,301,434  

Motherson Sumi Wiring India Ltd.

     2,065,889        1,603,378  

Mphasis Ltd.

     40,882        1,170,023  

MRF Ltd.

     1,553        2,006,594  

Navin Fluorine International Ltd.

     23,073        1,046,577  

Nestle India Ltd.

     17,499        4,742,802  

Page Industries Ltd.

     3,344        1,569,637  

Persistent Systems Ltd.

     25,084        1,750,990  

PI Industries Ltd.

     45,506        1,892,219  

PVR Inox Ltd.*

     64,377        1,331,050  

Reliance Industries Ltd., GDR(a)

     779,732        43,587,019  

Samvardhana Motherson International Ltd.

     1,288,336        1,489,383  

Shree Cement Ltd.

     6,265        1,921,193  

Siemens Ltd.

     47,586        2,104,491  

SRF Ltd.

     68,086        1,844,296  

Sun Pharmaceutical Industries Ltd.

     523,052        7,297,990  

Supreme Industries Ltd.

     42,300        2,099,432  

Tata Chemicals Ltd.

     99,964        1,241,345  

Tata Consumer Products Ltd.

     342,615        3,617,950  

Tata Elxsi Ltd.

     21,568        1,877,081  

 

See Notes to Financial Statements.

 

24   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

September 30, 2023

 

 

 

Investments    Shares      Value  

Tata Motors Ltd.

     884,007      $ 6,708,729  

Tata Steel Ltd.

     3,949,626        6,130,770  

Tech Mahindra Ltd.

     322,436        4,747,938  

Titan Co. Ltd.

     188,707        7,155,487  

Torrent Pharmaceuticals Ltd.

     59,792        1,389,005  

Trent Ltd.

     105,092        2,632,512  

Tube Investments of India Ltd.

     53,222        1,915,233  

TVS Motor Co. Ltd.

     130,379        2,389,304  

UltraTech Cement Ltd.

     60,296        5,993,822  

United Spirits Ltd.*

     192,479        2,334,677  

Varun Beverages Ltd.

     240,299        2,736,601  

Vedanta Ltd.

     561,113        1,503,779  

Voltas Ltd.

     123,604        1,284,992  

Wipro Ltd.

     738,955        3,613,297  

Zee Entertainment Enterprises Ltd.*

     635,902        2,025,835  

Zomato Ltd.*

     2,368,343        2,894,788  
     

 

 

 
Total India

 

     400,613,952  
Indonesia – 2.2%

 

Astra International Tbk PT

     13,126,600        5,287,162  

Bank Central Asia Tbk PT

     35,508,300        20,275,687  

Bank Jago Tbk PT*

     2,832,300        370,187  

Barito Pacific Tbk PT

     19,386,598        1,630,707  

Berkah Beton Sadaya Tbk PT*

     19,797,800        64,050  

Charoen Pokphand Indonesia Tbk PT*

     5,402,500        1,896,381  

Elang Mahkota Teknologi Tbk PT

     36,218,100        1,370,921  

GoTo Gojek Tokopedia Tbk PT*

     673,667,800        3,705,064  

Indofood CBP Sukses Makmur Tbk PT

     1,486,600        1,065,293  

Indofood Sukses Makmur Tbk PT

     2,891,400        1,239,439  

Kalbe Farma Tbk PT

     14,197,900        1,612,249  

Merdeka Copper Gold Tbk PT*

     8,557,600        1,594,687  

Sarana Menara Nusantara Tbk PT

     27,178,100        1,688,190  

Sumber Alfaria Trijaya Tbk PT

     13,232,500        2,534,338  

Unilever Indonesia Tbk PT

     3,653,100        884,024  
     

 

 

 
Total Indonesia

 

     45,218,379  
Malaysia – 1.0%

 

Genting Malaysia Bhd

     3,200,900        1,704,329  

Hong Leong Bank Bhd

     950,408        3,947,171  

Hong Leong Financial Group Bhd

     393,600        1,483,780  

MR DIY Group M Bhd(a)

     4,103,800        1,319,789  

Nestle Malaysia Bhd

     86,500        2,330,494  

PPB Group Bhd

     991,700        3,269,584  

Press Metal Aluminium Holdings Bhd

     4,553,500        4,567,805  

QL Resources Bhd

     1,387,025        1,612,940  
     

 

 

 
Total Malaysia

 

     20,235,892  
Mexico – 3.1%

 

Alfa SAB de CV, Class A

     2,079,583        1,356,991  

America Movil SAB de CV, Series B

     11,998,416        10,418,396  

Arca Continental SAB de CV

     230,400        2,098,438  

Banco del Bajio SA(a)

     340,508        1,073,927  

Cemex SAB de CV, Series CPO*

     6,102,073        3,992,322  

Coca-Cola Femsa SAB de CV

     280,950        2,211,258  

Controladora AXTEL SAB de CV*(b)

     2,401,533        30,402  

Corp. Inmobiliaria Vesta SAB de CV(b)

     654,294      2,164,477  

Fibra Uno Administracion SA de CV

     1,361,925        2,276,602  

Fomento Economico Mexicano SAB de CV

     715,580        7,837,060  

Grupo Aeroportuario del Pacifico SAB de CV, Class B

     185,694        3,060,689  

Grupo Aeroportuario del Sureste SAB de CV, Class B(b)

     89,624        2,199,845  

Grupo Bimbo SAB de CV, Series A(b)

     620,735        3,001,074  

Grupo Financiero Banorte SAB de CV, Class O

     853,828        7,178,572  

Grupo Mexico SAB de CV, Series B

     1,298,423        6,163,185  

Grupo Televisa SAB, Series CPO(b)

     1,334,387        813,140  

Wal-Mart de Mexico SAB de CV

     1,805,885        6,816,817  
     

 

 

 
Total Mexico

 

     62,693,195  
Philippines – 0.8%

 

ACEN Corp.

     130,207        11,300  

Ayala Corp.

     97,140        1,071,397  

Bank of the Philippine Islands

     968,207        1,916,699  

BDO Unibank, Inc.

     978,788        2,454,928  

Globe Telecom, Inc.

     20,305        643,504  

International Container Terminal Services, Inc.

     254,230        931,074  

JG Summit Holdings, Inc.

     856,640        576,888  

Jollibee Foods Corp.

     265,910        1,078,191  

Metropolitan Bank & Trust Co.

     1,545,150        1,474,797  

PLDT, Inc.

     70,385        1,463,037  

SM Investments Corp.

     190,475        2,839,820  

SM Prime Holdings, Inc.

     4,031,900        2,159,336  
     

 

 

 
Total Philippines

 

     16,620,971  
Poland – 0.8%

 

Asseco Poland SA

     89,620        1,472,092  

Bank Polska Kasa Opieki SA

     127,894        2,957,790  

CD Projekt SA

     76,120        2,183,302  

Dino Polska SA*(a)

     43,626        3,548,007  

LPP SA

     930        2,769,728  

Santander Bank Polska SA*

     35,897        2,960,543  
     

 

 

 
Total Poland

 

     15,891,462  
Russia – 0.0%

 

Evraz PLC*

     757,034        0  

HeadHunter Group PLC, ADR*

     35,535        0  

LUKOIL PJSC*

     383,480        0  

LUKOIL PJSC, ADR*

     91,105        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*

     948,540        0  

Ozon Holdings PLC, ADR*(b)

     43,104        0  

PhosAgro PJSC*

     43,175        0  

PhosAgro PJSC, GDR*(c)

     835        0  

Polyus PJSC*

     37,593        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  

 

See Notes to Financial Statements.

 

WisdomTree Trust      25  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

September 30, 2023

 

 

 

Investments    Shares      Value  

X5 Retail Group NV, GDR*(c)

     166,238      $ 0  

Yandex NV, Class A*

     402,553        0  
     

 

 

 
Total Russia

 

     0  
Saudi Arabia – 3.1%

 

Abdullah Al Othaim Markets Co.

     179,636        649,486  

Advanced Petrochemical Co.

     131,438        1,405,342  

Al Rajhi Bank

     1,350,015        24,441,339  

Alinma Bank

     641,942        5,716,877  

Arab National Bank

     81,678        522,677  

Bank Al-Jazira*

     250,798        1,123,440  

Bank AlBilad

     319,509        3,603,629  

Dallah Healthcare Co.

     22,712        863,558  

Dar Al Arkan Real Estate Development Co.*

     539,934        2,268,890  

Dr. Sulaiman Al Habib Medical Services Group Co.

     50,221        3,154,840  

Etihad Etisalat Co.

     391,686        4,652,671  

Jarir Marketing Co.

     334,884        1,294,729  

Mobile Telecommunications Co. Saudi Arabia

     398,654        1,398,842  

Mouwasat Medical Services Co.

     60,677        1,666,395  

Nahdi Medical Co.

     40,266        1,548,176  

National Industrialization Co.*

     172,588        584,428  

Sahara International Petrochemical Co.

     236,426        2,382,888  

Saudi Awwal Bank

     242,473        2,230,484  

Saudi Cement Co.

     45,852        638,183  

Saudi Research & Media Group*

     45,319        1,986,547  

Savola Group

     139,836        1,344,132  
     

 

 

 
Total Saudi Arabia

 

     63,477,553  
South Africa – 3.5%

 

Absa Group Ltd.

     353,076        3,276,552  

Anglo American Platinum Ltd.

     9,996        374,575  

Aspen Pharmacare Holdings Ltd.(b)

     137,746        1,256,278  

Bid Corp. Ltd.(b)

     141,156        3,163,748  

Capitec Bank Holdings Ltd.(b)

     38,288        3,488,160  

Clicks Group Ltd.

     69,817        958,532  

Discovery Ltd.*

     211,653        1,540,937  

FirstRand Ltd.

     2,327,426        7,889,287  

Gold Fields Ltd.

     369,804        4,030,089  

Growthpoint Properties Ltd.

     2,335,909        1,308,101  

Impala Platinum Holdings Ltd.(b)

     395,941        2,077,706  

Mr Price Group Ltd.

     73,002        538,426  

MultiChoice Group*

     188,269        739,909  

Naspers Ltd., Class N

     93,616        15,034,443  

Nedbank Group Ltd.

     243,146        2,611,321  

Northam Platinum Holdings Ltd.

     146,862        895,076  

Old Mutual Ltd.

     2,729,120        1,747,040  

Redefine Properties Ltd.

     3,417,233        643,926  

Remgro Ltd.

     318,680        2,511,969  

Sanlam Ltd.

     770,597        2,686,131  

Shoprite Holdings Ltd.(b)

     188,849        2,404,193  

Sibanye Stillwater Ltd.(b)

     1,202,153        1,865,183  

Standard Bank Group Ltd.

     563,444        5,494,651  

Vodacom Group Ltd.

     406,297        2,280,857  

Woolworths Holdings Ltd.(b)

     358,629      1,291,220  
     

 

 

 
Total South Africa

 

     70,108,310  
South Korea – 13.6%

 

Alteogen, Inc.*

     21,633        1,091,750  

Amorepacific Corp.

     12,440        1,124,707  

Celltrion Healthcare Co. Ltd.

     40,396        1,885,985  

Celltrion, Inc.

     44,690        4,610,084  

CJ CheilJedang Corp.

     4,881        1,110,469  

Coway Co. Ltd.

     28,527        873,103  

CS Wind Corp.

     23,157        935,272  

DB Insurance Co. Ltd.

     26,786        1,774,617  

Doosan Enerbility Co. Ltd.*

     179,371        2,183,982  

Ecopro BM Co. Ltd.(b)

     16,669        3,125,283  

Ecopro Co. Ltd.(b)

     7,253        4,842,858  

GS Holdings Corp.

     55,622        1,644,670  

Hana Financial Group, Inc.

     115,847        3,644,364  

Hankook Tire & Technology Co. Ltd.

     38,967        1,143,540  

Hanwha Galleria Corp.*

     53,163        44,756  

Hanwha Solutions Corp.*

     51,664        1,139,028  

HD Hyundai Co. Ltd.

     24,964        1,226,555  

HD Korea Shipbuilding & Offshore Engineering Co. Ltd.*

     23,547        1,936,947  

HLB, Inc.*(b)

     35,764        795,109  

HYBE Co. Ltd.*

     12,140        2,141,189  

Hyundai Engineering & Construction Co. Ltd.

     58,775        1,578,919  

Hyundai Glovis Co. Ltd.

     9,467        1,293,697  

Hyundai Motor Co.

     54,448        7,710,844  

Kakao Corp.

     202,690        6,601,620  

Kakao Games Corp.*

     52,373        987,767  

KakaoBank Corp.

     141,107        2,441,714  

KB Financial Group, Inc.

     145,309        5,954,934  

Kia Corp.

     106,100        6,400,282  

Korea Investment Holdings Co. Ltd.

     55,201        2,172,205  

Korea Zinc Co. Ltd.

     5,237        1,963,778  

Korean Air Lines Co. Ltd.

     59,811        964,050  

Krafton, Inc.*

     21,412        2,389,690  

Kumho Petrochemical Co. Ltd.

     13,691        1,360,577  

L&F Co. Ltd.

     10,192        1,309,688  

LG Chem Ltd.

     16,121        5,931,582  

LG Corp.

     48,962        3,040,622  

LG Electronics, Inc.

     39,301        2,938,692  

LG Energy Solution Ltd.*

     13,808        4,875,880  

LG H&H Co. Ltd.

     3,831        1,267,631  

LG Innotek Co. Ltd.

     6,083        1,102,189  

LG Uplus Corp.

     212,612        1,632,326  

NAVER Corp.

     103,433        15,445,197  

NCSoft Corp.

     7,732        1,274,915  

Pearl Abyss Corp.*

     30,409        1,050,140  

POSCO Future M Co. Ltd.

     11,500        3,063,769  

POSCO Holdings, Inc.

     26,822        10,634,186  

Samsung Biologics Co. Ltd.*(a)

     6,711        3,386,832  

Samsung C&T Corp.

     34,210        2,727,876  

Samsung Electro-Mechanics Co. Ltd.

     23,197        2,361,989  

 

See Notes to Financial Statements.

 

26   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

September 30, 2023

 

 

 

Investments    Shares      Value  

Samsung Electronics Co. Ltd.

     1,761,710      $ 89,299,662  

Samsung Engineering Co. Ltd.*

     72,318        1,621,179  

Samsung Fire & Marine Insurance Co. Ltd.

     13,880        2,679,517  

Samsung Heavy Industries Co. Ltd.*

     330,768        1,921,759  

Samsung Life Insurance Co. Ltd.

     36,889        1,921,815  

Samsung SDI Co. Ltd.

     19,278        7,314,611  

Samsung SDS Co. Ltd.

     18,491        1,852,663  

Shinhan Financial Group Co. Ltd.

     176,185        4,648,129  

SK Hynix, Inc.

     179,398        15,248,963  

SK Innovation Co. Ltd.*

     18,586        2,049,501  

SK, Inc.

     13,655        1,479,443  

Woori Financial Group, Inc.

     245,091        2,226,779  

Yuhan Corp.

     26,382        1,481,959  
     

 

 

 
Total South Korea

 

     274,883,839  
Taiwan – 18.6%

 

Accton Technology Corp.

     214,000        3,268,289  

Acer, Inc.

     1,763,000        1,982,525  

Advantech Co. Ltd.

     243,072        2,597,848  

ASE Technology Holding Co. Ltd.

     1,576,062        5,346,224  

Asia Cement Corp.

     1,549,000        1,907,429  

Asustek Computer, Inc.

     310,000        3,524,419  

AUO Corp.

     3,211,200        1,631,439  

Catcher Technology Co. Ltd.

     332,000        1,876,985  

Cathay Financial Holding Co. Ltd.

     3,544,425        4,891,626  

Cheng Shin Rubber Industry Co. Ltd.

     1,002,000        1,319,217  

China Development Financial Holding Corp.*(b)

     7,460,000        2,726,971  

Chroma ATE, Inc.

     223,000        1,906,662  

Compal Electronics, Inc.

     1,925,000        1,830,749  

CTBC Financial Holding Co. Ltd.

     7,243,672        5,497,745  

Delta Electronics, Inc.

     750,500        7,544,408  

E.Sun Financial Holding Co. Ltd.

     6,426,895        4,828,060  

Eclat Textile Co. Ltd.

     96,000        1,448,305  

Eva Airways Corp.

     1,121,000        1,033,124  

Evergreen Marine Corp. Taiwan Ltd.

     437,800        1,573,235  

Far Eastern International Bank

     715        258  

Far Eastern New Century Corp.

     1,578,080        1,405,486  

Far EasTone Telecommunications Co. Ltd.

     921,000        2,074,215  

Feng TAY Enterprise Co. Ltd.

     281,320        1,594,819  

Formosa Chemicals & Fibre Corp.

     1,738,000        3,311,194  

Formosa Petrochemical Corp.

     547,000        1,365,784  

Formosa Plastics Corp.

     1,826,000        4,514,019  

Fubon Financial Holding Co. Ltd.

     3,668,023        6,897,322  

Giant Manufacturing Co. Ltd.

     195,853        1,082,999  

Great Wall Enterprise Co. Ltd.

     721,592        1,202,635  

Hiwin Technologies Corp.

     222,752        1,404,254  

Hon Hai Precision Industry Co. Ltd.

     4,524,068        14,575,458  

Hotai Motor Co. Ltd.

     173,880        3,528,180  

Innolux Corp.*

     3,899,326        1,588,455  

Inventec Corp.

     1,316,000        1,997,615  

Largan Precision Co. Ltd.

     40,000        2,645,560  

Lien Hwa Industrial Holdings Corp.

     563,382        1,089,049  

Lite-On Technology Corp., ADR

     971,000        3,654,730  

Lotes Co. Ltd.

     50,271      1,281,673  

MediaTek, Inc.

     617,000        14,048,574  

Merida Industry Co. Ltd.

     186,000        1,008,349  

Micro-Star International Co. Ltd.

     366,000        1,859,451  

momo.com, Inc.

     34,320        533,717  

Nan Ya Plastics Corp.

     2,284,000        4,712,269  

Nanya Technology Corp.

     784,000        1,593,234  

Novatek Microelectronics Corp.

     236,000        3,092,517  

Pegatron Corp.

     1,038,000        2,463,122  

Pou Chen Corp.

     1,483,000        1,316,211  

Powerchip Semiconductor Manufacturing Corp.

     1,656,000        1,362,024  

President Chain Store Corp.

     263,000        2,138,675  

Quanta Computer, Inc.

     1,190,000        8,829,014  

Realtek Semiconductor Corp.

     247,000        3,022,413  

Ruentex Development Co. Ltd.

     807,300        880,313  

Shanghai Commercial & Savings Bank Ltd.

     2,202,159        2,950,493  

Shin Kong Financial Holding Co. Ltd.*

     7,994,000        2,295,639  

SinoPac Financial Holdings Co. Ltd.

     6,107,195        3,291,931  

Synnex Technology International Corp.

     688,000        1,366,175  

TA Chen Stainless Pipe

     1,006,532        1,149,013  

Taishin Financial Holding Co. Ltd.

     6,623,148        3,672,631  

Taiwan Mobile Co. Ltd.

     964,000        2,825,062  

Taiwan Semiconductor Manufacturing Co. Ltd.

     10,047,000        162,778,798  

Tatung Co. Ltd.*

     837,000        1,151,246  

Uni-President Enterprises Corp.

     1,733,160        3,763,712  

Unimicron Technology Corp.

     541,000        2,907,746  

United Microelectronics Corp.

     5,460,000        7,645,235  

Voltronic Power Technology Corp.

     31,000        1,522,126  

Walsin Lihwa Corp.

     1,429,977        1,630,184  

Wan Hai Lines Ltd.

     497,750        744,763  

Winbond Electronics Corp.

     2,537,000        1,988,386  

Wistron Corp.(b)

     1,214,000        3,817,196  

Wiwynn Corp.

     43,000        1,991,450  

WPG Holdings Ltd.

     1,009,000        1,894,190  

Yageo Corp.

     155,847        2,534,647  

Yuanta Financial Holding Co. Ltd.

     6,603,104        5,124,077  
     

 

 

 
Total Taiwan

 

     375,853,548  
Thailand – 2.2%

 

Advanced Info Service PCL, NVDR

     1,076,900        6,743,102  

Bangkok Expressway & Metro PCL, NVDR

     4,715,800        1,074,937  

BTS Group Holdings PCL, NVDR

     6,640,200        1,367,703  

Bumrungrad Hospital PCL, NVDR

     256,100        1,884,924  

Carabao Group PCL, NVDR

     464,000        1,044,916  

Central Pattana PCL, NVDR

     1,299,000        2,256,416  

Central Retail Corp. PCL, NVDR(b)

     2,280,183        2,426,559  

CP ALL PCL, NVDR

     3,931,300        6,531,923  

Delta Electronics Thailand PCL, NVDR

     2,380,500        5,409,856  

Energy Absolute PCL, NVDR

     1,141,900        1,599,366  

Gulf Energy Development PCL, NVDR

     3,525,400        4,405,237  

Home Product Center PCL, NVDR

     4,202,900        1,442,808  

Indorama Ventures PCL, NVDR

     2,360,700        1,685,636  

 

See Notes to Financial Statements.

 

WisdomTree Trust      27  


Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)

September 30, 2023

 

 

 

Investments    Shares      Value  

Intouch Holdings PCL, NVDR

     1,400,200      $ 2,835,970  

Minor International PCL, NVDR

     1,912,800        1,641,607  

True Corp. PCL, NVDR

     13,963,893        2,722,791  
     

 

 

 
Total Thailand

 

     45,073,751  
Turkey – 0.8%

 

Akbank TAS

     2,400,029        2,929,235  

BIM Birlesik Magazalar AS

     233,464        2,339,324  

Enka Insaat ve Sanayi AS

     996,246        1,265,339  

KOC Holding AS

     604,868        3,236,700  

Turkcell Iletisim Hizmetleri AS*

     838,329        1,629,872  

Turkiye Petrol Rafinerileri AS

     427,419        2,478,921  

Turkiye Sise ve Cam Fabrikalari AS

     807,083        1,608,867  
     

 

 

 
Total Turkey

 

     15,488,258  
United States – 0.1%

 

Legend Biotech Corp., ADR*      25,768        1,730,837  

TOTAL COMMON STOCKS

(Cost: $2,151,822,073)

 

 

     2,025,413,056  
RIGHTS – 0.0%

 

Brazil – 0.0%

 

Localiza Rent a Car SA, expiring 11/10/23*

(Cost: $0)

     3,526        11,272  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.9%

 

United States – 0.9%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(d)

     
(Cost: $18,574,568)      18,574,568      $ 18,574,568  

TOTAL INVESTMENTS IN SECURITIES – 100.9%

(Cost: $2,170,396,641)

 

 

     2,043,998,896  

Other Assets less Liabilities – (0.9)%

 

     (18,218,805
     

 

 

 
NET ASSETS – 100.0%

 

   $ 2,025,780,091  
* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 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, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $38,402,868 and the total market value of the collateral held by the Fund was $41,426,439. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $22,851,871.

 

(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, 2023.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 516,342,631      $      $ 0 *     $ 516,342,631  

Russia

                   0 *       0  

Other

     1,509,070,425                      1,509,070,425  

Rights

     11,272                      11,272  

Investment of Cash Collateral for Securities Loaned

            18,574,568               18,574,568  

Total Investments in Securities

   $ 2,025,424,328      $ 18,574,568      $ 0      $ 2,043,998,896  
* 

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

See Notes to Financial Statements.

 

28   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Emerging Markets High Dividend Fund (DEM)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.5%

 

Brazil – 13.5%

 

Banco do Brasil SA

     2,748,533      $ 25,908,213  

Banco Santander Brasil SA

     377,837        1,966,485  

BB Seguridade Participacoes SA

     1,027,016        6,403,974  

BrasilAgro – Co. Brasileira de Propriedades Agricolas

     214,983        1,233,579  

Caixa Seguridade Participacoes SA

     609,300        1,358,545  

Cia de Saneamento do Parana

     653,844        2,986,269  

Cia Paranaense de Energia

     362,597        3,223,036  

CPFL Energia SA

     666,811        4,477,647  

Dexco SA

     1,050,084        1,615,449  

Energisa SA

     531,459        4,963,979  

Engie Brasil Energia SA

     536,952        4,444,562  

Grendene SA

     487,295        652,297  

JBS SA

     2,083,541        7,513,769  

Kepler Weber SA

     479,741        1,109,926  

Klabin SA

     825,114        3,925,111  

Mahle Metal Leve SA

     104,848        1,010,732  

Movida Participacoes SA

     300,625        713,543  

Petroleo Brasileiro SA

     15,509,669        117,410,165  

Porto Seguro SA

     160,351        842,250  

Santos Brasil Participacoes SA

     1,366,582        2,339,888  

Sao Martinho SA

     305,638        2,397,376  

SIMPAR SA

     420,142        742,039  

SLC Agricola SA

     150,588        1,185,100  

Telefonica Brasil SA

     914,924        7,893,075  

Transmissora Alianca de Energia Eletrica SA

     1,031,546        7,122,638  

Vale SA

     9,451,088        127,608,193  
     

 

 

 
Total Brazil

 

     341,047,840  
Chile – 1.1%

 

Aguas Andinas SA, Class A

     4,747,596        1,424,093  

Banco de Chile

     56,025,780        5,675,013  

Banco Santander Chile

     67,292,937        3,099,686  

Cencosud SA

     1,983,553        3,741,296  

Empresa Nacional de Telecomunicaciones SA

     449,739        1,505,255  

Empresas Copec SA

     1,056,892        7,453,316  

Quinenco SA

     1,199,981        3,532,714  

Ripley Corp. SA

     3,824,794        708,401  
     

 

 

 
Total Chile

 

     27,139,774  
China – 23.6%

 

A-Living Smart City Services Co. Ltd.*(a)

     1,407,000        794,058  

Agricultural Bank of China Ltd., Class A

     8,604,500        4,251,614  

Agricultural Bank of China Ltd., Class H

     32,636,000        12,167,894  

Angang Steel Co. Ltd., Class A

     1,672,500        626,693  

Anhui Conch Cement Co. Ltd., Class A

     641,600        2,292,262  

Anhui Conch Cement Co. Ltd., Class H

     2,737,500        7,287,790  

Anhui Expressway Co. Ltd., Class H

     1,330,000        1,390,821  

BAIC Motor Corp. Ltd., Class H(a)

     4,884,000        1,477,950  

Bank of Beijing Co. Ltd., Class A

     2,792,149        1,774,375  

Bank of China Ltd., Class A

     5,884,200        3,044,770  

Bank of China Ltd., Class H

     124,405,000        43,523,523  

Bank of Chongqing Co. Ltd., Class A

     505,795      569,959  

Bank of Communications Co. Ltd., Class A

     4,543,000        3,591,625  

Bank of Communications Co. Ltd., Class H

     33,990,000        20,571,461  

Bank of Guiyang Co. Ltd., Class A

     1,010,700        775,461  

Bank of Jiangsu Co. Ltd., Class A

     2,111,570        2,080,921  

Bank of Shanghai Co. Ltd., Class A

     1,759,602        1,490,134  

Beijing Jingneng Clean Energy Co. Ltd., Class H

     2,510,000        522,393  

BOE Technology Group Co. Ltd., Class A

     9,004,600        4,770,649  

China Cinda Asset Management Co. Ltd., Class H

     14,895,000        1,502,461  

China CITIC Bank Corp. Ltd., Class H

     16,247,000        7,551,100  

China Communications Services Corp. Ltd., Class H

     4,172,000        1,752,572  

China Conch Venture Holdings Ltd.

     1,974,500        1,684,105  

China Construction Bank Corp., Class A

     1,367,500        1,182,479  

China Construction Bank Corp., Class H

     130,006,054        73,370,501  

China East Education Holdings Ltd.(a)

     1,089,500        447,939  

China Everbright Bank Co. Ltd., Class A

     3,073,100        1,294,914  

China Everbright Bank Co. Ltd., Class H

     3,199,000        959,882  

China Galaxy Securities Co. Ltd., Class H

     6,352,500        3,276,889  

China Life Insurance Co. Ltd., Class H

     6,277,000        9,777,945  

China Medical System Holdings Ltd.

     1,769,000        2,678,849  

China Merchants Securities Co. Ltd., Class H(a)

     366,000        320,583  

China Minsheng Banking Corp. Ltd., Class A

     3,250,000        1,712,933  

China Minsheng Banking Corp. Ltd., Class H

     8,482,500        2,902,647  

China Nonferrous Mining Corp. Ltd.

     2,250,000        1,445,061  

China Pacific Insurance Group Co. Ltd., Class H

     2,178,400        5,451,667  

China Petroleum & Chemical Corp., Class A

     7,958,700        6,630,657  

China Petroleum & Chemical Corp., Class H

     63,314,000        34,600,244  

China Railway Group Ltd., Class H

     5,330,000        2,749,440  

China Reinsurance Group Corp., Class H

     9,034,000        547,910  

China Risun Group Ltd.

     2,432,000        1,024,739  

China Shenhua Energy Co. Ltd., Class A

     1,239,700        5,308,807  

China Shenhua Energy Co. Ltd., Class H

     12,809,500        41,543,352  

China Suntien Green Energy Corp. Ltd., Class H

     2,558,000        885,127  

China Vanke Co. Ltd., Class A

     1,556,600        2,794,541  

China Vanke Co. Ltd., Class H

     2,815,200        3,105,694  

China Yongda Automobiles Services Holdings Ltd.

     3,352,500        1,297,021  

Chongqing Rural Commercial Bank Co. Ltd., Class A

     1,543,400        847,353  

Chongqing Rural Commercial Bank Co. Ltd., Class H

     3,163,000        1,167,166  

COSCO SHIPPING Holdings Co. Ltd., Class A

     2,673,116        3,599,254  

COSCO SHIPPING Holdings Co. Ltd., Class H

     8,242,500        8,451,040  

CSC Financial Co. Ltd., Class H(a)

     962,500        974,562  

Daan Gene Co. Ltd., Class A

     401,363        538,217  

Excellence Commercial Property & Facilities Management Group Ltd.(b)

     1,138,000        293,514  

Focus Media Information Technology Co. Ltd., Class A

     3,885,147        3,812,758  

 

See Notes to Financial Statements.

 

WisdomTree Trust      29  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets High Dividend Fund (DEM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Foxconn Industrial Internet Co. Ltd., Class A

     1,182,400      $ 3,197,101  

Fufeng Group Ltd.(b)

     3,251,000        1,830,590  

G-bits Network Technology Xiamen Co. Ltd., Class A

     13,200        662,414  

Gemdale Corp., Class A

     1,031,609        965,662  

GF Securities Co. Ltd., Class H

     887,000        1,191,448  

Gree Electric Appliances, Inc. of Zhuhai, Class A

     1,708,200        8,510,814  

Guangdong Provincial Expressway Development Co. Ltd., Class A

     535,616        616,060  

Guotai Junan Securities Co. Ltd., Class H(a)

     1,624,800        1,815,280  

Haitong Securities Co. Ltd., Class H

     2,948,000        1,769,135  

Huatai Securities Co. Ltd., Class H(a)

     1,067,400        1,362,896  

Huaxia Bank Co. Ltd., Class A

     1,291,200        1,013,714  

Hunan Valin Steel Co. Ltd., Class A

     1,356,800        1,113,635  

Industrial & Commercial Bank of China Ltd., Class A

     5,197,500        3,338,613  

Industrial & Commercial Bank of China Ltd., Class H

     105,962,823        51,007,085  

Industrial Bank Co. Ltd., Class A

     3,350,200        7,490,616  

Jiangsu Expressway Co. Ltd., Class H

     2,813,727        2,540,019  

Jizhong Energy Resources Co. Ltd., Class A

     571,800        528,968  

Livzon Pharmaceutical Group, Inc., Class H

     279,700        916,042  

Longfor Group Holdings Ltd.(a)

     2,958,000        5,317,855  

Metallurgical Corp. of China Ltd., Class H

     3,953,000        832,811  

Nanjing Iron & Steel Co. Ltd., Class A

     2,058,200        1,045,238  

NetDragon Websoft Holdings Ltd.

     677,500        1,252,603  

New China Life Insurance Co. Ltd., Class A

     138,300        699,117  

PetroChina Co. Ltd., Class A

     3,320,300        3,636,687  

PetroChina Co. Ltd., Class H

     68,726,000        51,773,642  

PICC Property & Casualty Co. Ltd., Class H

     6,502,000        8,351,810  

Ping An Insurance Group Co. of China Ltd., Class A

     1,236,300        8,195,902  

Ping An Insurance Group Co. of China Ltd., Class H

     4,835,000        27,688,190  

Postal Savings Bank of China Co. Ltd., Class A

     1,424,200        971,523  

Postal Savings Bank of China Co. Ltd., Class H(a)

     5,908,000        2,987,248  

Shaanxi Coal Industry Co. Ltd., Class A

     1,307,000        3,311,563  

Shanghai Construction Group Co. Ltd., Class A

     1,383,900        522,352  

Shanghai Pudong Development Bank Co. Ltd., Class A

     2,186,100        2,130,365  

Shenzhen Expressway Corp. Ltd., Class H

     2,290,000        1,871,333  

Shui On Land Ltd.

     9,029,000        818,528  

Sinopec Engineering Group Co. Ltd., Class H

     5,837,500        2,631,099  

Sinotrans Ltd., Class H

     5,892,000        2,151,614  

Tangshan Jidong Cement Co. Ltd., Class A

     642,700        665,128  

Tangshan Port Group Co. Ltd., Class A

     2,773,200        1,404,537  

Tingyi Cayman Islands Holding Corp.

     4,106,000        5,735,508  

Uni-President China Holdings Ltd.

     2,141,000        1,503,540  

West China Cement Ltd.

     6,088,000        567,457  

Xiamen ITG Group Corp. Ltd., Class A

     473,000        511,579  

Xinyi Energy Holdings Ltd.(b)

     3,699,744        788,903  

Yankuang Energy Group Co. Ltd., Class H(b)

     5,428,000      10,257,398  

Zangge Mining Co. Ltd., Class A

     247,100        773,952  

Zhejiang Expressway Co. Ltd., Class H(b)

     2,902,000        2,163,943  

Zhejiang Jiahua Energy Chemical Industry Co. Ltd., Class A

     631,800        723,222  

Zhuzhou Kibing Group Co. Ltd., Class A

     641,700        722,224  

Zoomlion Heavy Industry Science & Technology Co. Ltd., Class A

     1,320,900        1,241,899  
     

 

 

 
Total China

 

     593,607,138  
Czech Republic – 0.9%

 

CEZ AS(b)

     391,418        16,674,910  

Komercni Banka AS

     72,616        2,121,281  

Moneta Money Bank AS(a)

     765,338        2,788,008  
     

 

 

 
Total Czech Republic

 

     21,584,199  
India – 5.9%

 

Bharat Petroleum Corp. Ltd.

     1,337,173        5,581,132  

Castrol India Ltd.

     960,540        1,602,611  

CESC Ltd.

     1,498,669        1,623,353  

Coal India Ltd.

     6,472,511        23,008,869  

GAIL India Ltd.

     8,046,322        12,053,798  

Hindustan Petroleum Corp. Ltd.*

     1,146,318        3,519,381  

Indian Oil Corp. Ltd.

     12,275,388        13,444,482  

Indus Towers Ltd.*

     1,833,845        4,233,415  

Mindspace Business Parks REIT(a)

     380,328        1,432,208  

National Aluminium Co. Ltd.

     2,181,857        2,553,869  

NHPC Ltd.

     6,335,426        4,028,245  

NMDC Ltd.

     3,452,861        6,151,772  

Oil & Natural Gas Corp. Ltd.

     8,400,923        19,408,632  

Oil India Ltd.

     709,347        2,552,808  

Oracle Financial Services Software Ltd.

     41,281        2,043,563  

Petronet LNG Ltd.

     1,760,721        5,087,652  

Power Grid Corp. of India Ltd.

     10,446,912        25,129,326  

SJVN Ltd.

     1,038,348        914,668  

Steel Authority of India Ltd.

     4,136,493        4,674,904  

Vardhman Textiles Ltd.

     372,599        1,674,292  

Vedanta Ltd.

     3,278,631        8,786,709  
     

 

 

 
Total India

 

     149,505,689  
Indonesia – 1.2%

 

Adaro Energy Indonesia Tbk PT

     45,582,600        8,405,721  

Astra Agro Lestari Tbk PT

     975,100        473,196  

Bukit Asam Tbk PT

     17,609,500        3,190,333  

Erajaya Swasembada Tbk PT

     16,871,300        493,421  

Gudang Garam Tbk PT

     1,279,600        2,036,762  

Hanjaya Mandala Sampoerna Tbk PT

     19,852,200        1,111,107  

Indo Tambangraya Megah Tbk PT

     1,538,100        2,883,627  

Indocement Tunggal Prakarsa Tbk PT

     2,660,700        1,712,971  

Indosat Tbk PT

     6,653,300        4,229,613  

Industri Jamu Dan Farmasi Sido Muncul Tbk PT

     19,149,000        731,020  

Matahari Department Store Tbk PT

     4,152,400        644,824  

Perusahaan Gas Negara Tbk PT

     27,733,500        2,467,393  

Puradelta Lestari Tbk PT

     51,052,900        578,082  
     

 

 

 
Total Indonesia

 

     28,958,070  

 

See Notes to Financial Statements.

 

30   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets High Dividend Fund (DEM)

September 30, 2023

 

 

 

Investments    Shares      Value  
Malaysia – 2.2%

 

Astro Malaysia Holdings Bhd

     6,790,100      $ 665,235  

British American Tobacco Malaysia Bhd

     603,000        1,191,809  

Bursa Malaysia Bhd

     569,500        817,514  

Malayan Banking Bhd

     7,416,483        13,884,433  

MISC Bhd

     1,928,300        2,907,697  

Petronas Chemicals Group Bhd

     6,649,100        10,181,999  

Petronas Gas Bhd

     1,460,900        5,239,669  

RHB Bank Bhd

     6,297,145        7,282,572  

Sime Darby Bhd

     4,832,300        2,274,508  

Sime Darby Plantation Bhd

     5,087,500        4,637,559  

Ta Ann Holdings Bhd

     1,105,699        793,612  

TIME dotCom Bhd

     2,958,000        3,414,591  

United Plantations Bhd

     719,200        2,548,850  
     

 

 

 
Total Malaysia

 

     55,840,048  
Mexico – 3.3%

 

Alfa SAB de CV, Class A(b)

     8,300,266        5,416,176  

Alpek SAB de CV(b)

     1,042,597        897,503  

Banco del Bajio SA(a)

     1,787,332        5,637,061  

Bolsa Mexicana de Valores SAB de CV(b)

     708,324        1,333,215  

FIBRA Macquarie Mexico(a)

     2,237,638        3,761,050  

Fibra Uno Administracion SA de CV

     7,543,807        12,610,271  

Genomma Lab Internacional SAB de CV, Class B(b)

     1,196,018        922,899  

Grupo Mexico SAB de CV, Series B

     7,493,899        35,571,064  

Kimberly-Clark de Mexico SAB de CV, Class A

     2,387,630        4,767,429  

Megacable Holdings SAB de CV, Series CPO(b)

     575,802        1,270,982  

Orbia Advance Corp. SAB de CV(b)

     2,699,276        5,624,236  

Qualitas Controladora SAB de CV(b)

     271,857        2,048,489  

Regional SAB de CV(b)

     171,315        1,233,910  

TF Administradora Industrial S de Real de CV

     1,391,375        2,473,947  
     

 

 

 
Total Mexico

 

     83,568,232  
Philippines – 0.3%

 

DMCI Holdings, Inc.

     8,250,300        1,519,516  

Manila Electric Co.

     424,510        2,761,236  

PLDT, Inc.

     143,184        2,976,251  
     

 

 

 
Total Philippines

 

     7,257,003  
Poland – 0.9%

 

Bank Polska Kasa Opieki SA

     173,639        4,015,729  

ORLEN SA

     679,844        9,142,356  

Powszechna Kasa Oszczednosci Bank Polski SA*

     1,069,105        8,503,763  
     

 

 

 
Total Poland

 

     21,661,848  
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*

     148,519        0  

MMC Norilsk Nickel PJSC, ADR*

     13        0  

Mobile TeleSystems PJSC, ADR*

     1,549,581        0  

Novolipetsk Steel PJSC*

     5,213,400        0  

PhosAgro PJSC*

     95,795      0  

PhosAgro PJSC, GDR*(c)

     1,853        0  

Polyus PJSC*

     35,478        0  

Polyus PJSC, GDR*(c)

     1        0  

Sberbank of Russia PJSC*

     9,700,476        0  

Severstal PAO, GDR*(c)

     775,843        0  

Tatneft PJSC*

     1,371,750        0  

Tatneft PJSC, ADR*

     3,217        0  
     

 

 

 
Total Russia

 

     0  
Saudi Arabia – 1.0%

 

Arabian Cement Co.

     93,238        824,125  

Arabian Centres Co. Ltd.

     290,776        1,542,866  

Sahara International Petrochemical Co.

     1,107,731        11,164,589  

Saudi Cement Co.

     137,403        1,912,420  

Saudi Industrial Investment Group

     681,567        4,317,890  

Yanbu National Petrochemical Co.

     478,813        5,310,995  
     

 

 

 
Total Saudi Arabia

 

     25,072,885  
South Africa – 5.7%

 

Absa Group Ltd.

     778,426        7,223,808  

AECI Ltd.

     241,829        1,450,507  

African Rainbow Minerals Ltd.(b)

     331,743        2,995,115  

Anglo American Platinum Ltd.

     139,572        5,230,116  

Astral Foods Ltd.

     98,813        718,567  

AVI Ltd.

     905,191        3,586,285  

Equites Property Fund Ltd.

     2,332,145        1,558,527  

Exxaro Resources Ltd.(b)

     1,280,739        11,718,727  

FirstRand Ltd.

     4,670,593        15,831,930  

Growthpoint Properties Ltd.

     14,142,758        7,919,896  

Hyprop Investments Ltd.

     1,238,256        2,099,976  

Impala Platinum Holdings Ltd.(b)

     2,069,190        10,858,102  

Investec Ltd.

     272,830        1,577,367  

JSE Ltd.

     121,890        597,047  

KAP Ltd.*

     5,477,743        697,824  

Momentum Metropolitan Holdings

     1,303,724        1,367,431  

Motus Holdings Ltd.

     443,060        2,211,137  

Nedbank Group Ltd.

     816,386        8,767,762  

Old Mutual Ltd.

     5,388,083        3,449,169  

Redefine Properties Ltd.

     20,212,299        3,808,702  

Resilient REIT Ltd.(b)

     1,150,037        2,387,441  

Sanlam Ltd.

     1,796,985        6,263,894  

Standard Bank Group Ltd.

     1,376,583        13,424,304  

Thungela Resources Ltd.(b)

     785,283        7,238,256  

Tiger Brands Ltd.

     229,042        1,865,585  

Truworths International Ltd.(b)

     1,663,855        6,756,314  

Vodacom Group Ltd.

     2,047,591        11,494,699  
     

 

 

 
Total South Africa

 

     143,098,488  
South Korea – 6.8%

 

BNK Financial Group, Inc.

     448,021        2,274,303  

Daishin Securities Co. Ltd.

     53,882        581,386  

DB Insurance Co. Ltd.

     67,132        4,447,607  

DGB Financial Group, Inc.

     243,113        1,417,889  

GS Engineering & Construction Corp.

     130,801        1,359,966  

 

See Notes to Financial Statements.

 

WisdomTree Trust      31  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets High Dividend Fund (DEM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Hana Financial Group, Inc.

     385,618      $ 12,130,935  

HD Hyundai Co. Ltd.

     97,567        4,793,754  

Hyosung Corp.

     27,860        1,278,001  

iMarketKorea, Inc.

     71,456        469,172  

Industrial Bank of Korea

     453,856        3,770,362  

JB Financial Group Co. Ltd.

     239,229        1,765,763  

KB Financial Group, Inc.

     465,276        19,067,558  

KCC Glass Corp.

     17,466        530,038  

Korean Reinsurance Co.

     124,137        758,032  

KT&G Corp.

     165,161        10,562,764  

Kumho Petrochemical Co. Ltd.

     38,056        3,781,910  

LG Uplus Corp.

     417,089        3,202,195  

LX International Corp.

     59,181        1,252,125  

LX Semicon Co. Ltd.

     19,466        1,195,888  

POSCO Holdings, Inc.

     156,849        62,186,316  

S-Oil Corp.

     69,102        4,055,787  

Samsung Fire & Marine Insurance Co. Ltd.

     29,945        5,780,845  

SeAH Besteel Holdings Corp.

     33,840        616,914  

Shinhan Financial Group Co. Ltd.

     557,680        14,712,767  

SK Discovery Co. Ltd.

     29,544        894,377  

SSANGYONG C&E Co. Ltd.

     245,583        999,148  

Woori Financial Group, Inc.

     808,233        7,343,217  
     

 

 

 
Total South Korea

 

     171,229,019  
Taiwan – 31.0%

 

Acer, Inc.

     6,989,000        7,859,256  

Arcadyan Technology Corp.

     269,000        1,345,813  

ASE Technology Holding Co. Ltd.

     10,524,000        35,698,889  

Asia Cement Corp.

     4,700,000        5,787,550  

Asia Optical Co., Inc.

     229,000        446,926  

Asustek Computer, Inc.

     1,973,000        22,431,220  

AUO Corp.

     21,250,000        10,795,991  

BES Engineering Corp.

     3,340,000        1,122,628  

Capital Securities Corp.

     3,219,000        1,455,907  

Catcher Technology Co. Ltd.

     989,000        5,591,379  

Cathay Financial Holding Co. Ltd.

     9,339,479        12,889,323  

Chang Wah Electromaterials, Inc.

     809,000        778,162  

Cheng Loong Corp.

     1,464,000        1,299,348  

Chicony Electronics Co. Ltd.

     1,656,386        5,926,568  

Chicony Power Technology Co. Ltd.

     437,000        1,550,053  

China General Plastics Corp.

     1,307,000        1,008,172  

China Steel Corp.

     48,156,000        37,667,911  

ChipMOS Technologies, Inc.

     1,402,000        1,624,349  

Chong Hong Construction Co. Ltd.

     524,000        1,202,844  

Chun Yuan Steel Industry Co. Ltd.

     853,000        447,897  

Chung Hung Steel Corp.

     2,115,000        1,477,463  

Chung-Hsin Electric & Machinery Manufacturing Corp.

     687,000        2,287,836  

Cleanaway Co. Ltd.

     108,000        590,511  

Compal Electronics, Inc.

     8,520,000        8,102,849  

Continental Holdings Corp.

     1,140,000        946,454  

CTBC Financial Holding Co. Ltd.

     14,373,000        10,908,707  

CTCI Corp.

     1,169,000        1,428,635  

Daxin Materials Corp.

     118,000        391,134  

Edom Technology Co. Ltd.

     853,000      607,766  

Elan Microelectronics Corp.

     815,000        3,370,533  

Elite Material Co. Ltd.

     475,000        6,297,920  

Elite Semiconductor Microelectronics Technology, Inc.

     707,000        1,697,387  

Eternal Materials Co. Ltd.

     1,810,000        1,589,613  

Everlight Electronics Co. Ltd.

     930,000        1,351,187  

Farglory Land Development Co. Ltd.

     828,000        1,482,579  

Feng Hsin Steel Co. Ltd.

     1,181,000        2,458,549  

FLEXium Interconnect, Inc.

     583,000        1,589,319  

Formosa Chemicals & Fibre Corp.

     6,380,000        12,155,016  

Formosa International Hotels Corp.

     126,000        835,303  

Formosa Plastics Corp.(b)

     13,891,000        34,339,673  

Formosan Union Chemical

     1,070,000        701,058  

Fubon Financial Holding Co. Ltd.

     10,668,151        20,060,308  

Fusheng Precision Co. Ltd.

     224,000        1,412,122  

Getac Holdings Corp.

     821,000        1,973,625  

Gigabyte Technology Co. Ltd.(b)

     1,415,000        12,339,415  

Global Mixed Mode Technology, Inc.

     193,000        1,560,478  

Goldsun Building Materials Co. Ltd.

     2,392,000        1,856,217  

Greatek Electronics, Inc.

     1,150,000        1,973,637  

Highwealth Construction Corp.

     3,304,198        4,038,061  

Holtek Semiconductor, Inc.

     571,000        1,094,930  

Holy Stone Enterprise Co. Ltd.

     298,200        904,378  

Hon Hai Precision Industry Co. Ltd.

     13,376,000        43,094,252  

Hsin Kuang Steel Co. Ltd.

     701,000        1,015,218  

Huaku Development Co. Ltd.

     574,000        1,596,791  

Huang Hsiang Construction Corp.

     613,000        742,501  

Hung Sheng Construction Ltd.

     957,000        564,764  

Innolux Corp.*

     20,336,550        8,284,433  

Inventec Corp.

     4,425,000        6,716,903  

ITE Technology, Inc.

     349,000        1,697,402  

ITEQ Corp.

     579,000        1,635,811  

Kindom Development Co. Ltd.

     1,335,000        1,370,959  

King Yuan Electronics Co. Ltd.

     3,752,000        8,833,568  

King’s Town Bank Co. Ltd.

     966,000        1,110,224  

KMC Kuei Meng International, Inc.

     108,000        431,592  

Lelon Electronics Corp.

     255,000        463,701  

Lite-On Technology Corp., ADR(b)

     3,225,000        12,138,520  

Longchen Paper & Packaging Co. Ltd.

     1,399,453        637,288  

Macronix International Co. Ltd.

     3,724,000        3,651,263  

MediaTek, Inc.

     4,180,000        95,175,106  

Micro-Star International Co. Ltd.

     2,374,000        12,061,028  

Mirle Automation Corp.

     486,000        573,616  

Namchow Holdings Co. Ltd.

     233,000        356,929  

Nan Ya Plastics Corp.

     20,997,000        43,320,277  

Nanya Technology Corp.(b)

     1,878,000        3,816,447  

Nichidenbo Corp.

     551,000        1,015,613  

Novatek Microelectronics Corp.

     1,364,000        17,873,701  

Pegatron Corp.(b)

     4,057,000        9,627,057  

Powertech Technology, Inc.

     2,242,000        7,049,550  

President Securities Corp.

     1,183,000        687,141  

Primax Electronics Ltd.(b)

     755,000        1,618,500  

Promate Electronic Co. Ltd.

     630,000        922,151  

 

See Notes to Financial Statements.

 

32   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets High Dividend Fund (DEM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Qisda Corp.

     3,353,000      $ 4,637,829  

Quanta Computer, Inc.

     5,685,990        42,186,292  

Raydium Semiconductor Corp.

     166,000        1,825,560  

Realtek Semiconductor Corp.(b)

     1,162,000        14,218,801  

Sigurd Microelectronics Corp.

     987,000        1,755,047  

Sitronix Technology Corp.

     289,000        2,493,347  

Standard Foods Corp.

     815,000        950,566  

Stark Technology, Inc.

     155,000        552,191  

Supreme Electronics Co. Ltd.

     980,299        1,673,285  

Synnex Technology International Corp.

     3,122,000        6,199,415  

Systex Corp.(b)

     358,000        1,175,570  

T3EX Global Holdings Corp.(b)

     391,000        932,668  

Taita Chemical Co. Ltd.

     628,200        346,400  

Taiwan Cogeneration Corp.

     576,499        738,472  

Taiwan Hon Chuan Enterprise Co. Ltd.

     515,000        1,683,137  

Taiwan Paiho Ltd.

     524,000        879,813  

Taiwan PCB Techvest Co. Ltd.

     850,000        1,191,509  

Taiwan Sakura Corp.

     375,000        742,321  

Taiwan Secom Co. Ltd.

     515,000        1,699,091  

Taiwan Surface Mounting Technology Corp.

     510,000        1,453,509  

Taiwan-Asia Semiconductor Corp.

     694,000        1,020,130  

Test Research, Inc.

     486,000        915,376  

Ton Yi Industrial Corp.

     1,507,000        770,295  

Tong Hsing Electronic Industries Ltd.

     242,710        1,120,298  

Topco Scientific Co. Ltd.

     472,813        2,482,669  

Transcend Information, Inc.

     513,000        1,153,755  

Tripod Technology Corp.

     781,000        4,657,378  

TSRC Corp.

     1,222,000        895,287  

Tung Ho Steel Enterprise Corp.

     1,286,000        2,418,184  

TXC Corp.

     990,000        2,968,727  

U-Ming Marine Transport Corp.(b)

     831,000        1,231,807  

United Integrated Services Co. Ltd.

     429,000        3,023,420  

United Microelectronics Corp.(b)

     22,503,000        31,509,289  

Universal Cement Corp.

     1,115,020        899,809  

USI Corp.

     1,916,000        1,231,610  

Visual Photonics Epitaxy Co. Ltd.

     334,000        1,531,327  

Wah Lee Industrial Corp.

     303,000        873,881  

Walsin Technology Corp.

     562,000        1,784,514  

Weikeng Industrial Co. Ltd.

     1,320,000        1,122,473  

Wistron Corp.(b)

     5,597,561        17,600,485  

WPG Holdings Ltd.(b)

     2,683,280        5,037,306  

WT Microelectronics Co. Ltd.

     724,000        2,500,767  

Yang Ming Marine Transport Corp.

     5,904,000        8,312,659  

YC INOX Co. Ltd.(b)

     780,000        659,655  

YFY, Inc.

     1,810,000        1,825,111  

Yuanta Financial Holding Co. Ltd.

     11,805,152        9,160,919  
     

 

 

 
Total Taiwan

 

     780,877,109  
Thailand – 1.7%

 

Bangkok Chain Hospital PCL, NVDR

     4,171,900        2,257,094  

Banpu PCL, NVDR

     6,842,200        1,503,264  

Chularat Hospital PCL, NVDR

     19,579,600        1,752,956  

Dynasty Ceramic PCL, NVDR

     14,494,100        676,690  

IRPC PCL, NVDR

     20,774,600        1,175,302  

Kiatnakin Phatra Bank PCL, NVDR

     630,900      957,287  

Land & Houses PCL, NVDR

     10,739,900        2,300,617  

Major Cineplex Group PCL, NVDR

     1,960,100        753,626  

Northeast Rubber PCL, NVDR

     4,864,825        606,558  

Polyplex Thailand PCL, NVDR

     1,078,587        379,153  

Precious Shipping PCL, NVDR

     2,984,100        794,940  

PTT Global Chemical PCL, NVDR

     2,825,200        2,676,811  

PTT PCL, NVDR

     21,408,700        19,696,298  

Quality Houses PCL, NVDR

     12,126,300        745,978  

Ratch Group PCL, NVDR

     1,021,500        883,687  

Regional Container Lines PCL, NVDR

     1,175,200        703,587  

Somboon Advance Technology PCL, NVDR

     1,207,800        603,693  

Star Petroleum Refining PCL, NVDR

     7,986,400        1,995,915  

Thanachart Capital PCL, NVDR

     1,248,300        1,714,109  

TTW PCL, NVDR

     5,693,077        1,414,963  
     

 

 

 
Total Thailand

 

     43,592,528  
Turkey – 0.4%

 

Dogus Otomotiv Servis ve Ticaret AS

     113,350        1,106,005  

Ford Otomotiv Sanayi AS

     92,283        2,844,397  

Iskenderun Demir ve Celik AS*

     541,847        822,603  

Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D

     1,526,075        1,644,365  

Tofas Turk Otomobil Fabrikasi AS

     237,427        2,559,171  

Turk Traktor ve Ziraat Makineleri AS

     53,552        1,720,930  
     

 

 

 
Total Turkey

 

     10,697,471  

TOTAL COMMON STOCKS

(Cost: $2,491,825,431)

 

 

     2,504,737,341  
WARRANTS – 0.0%

 

Thailand – 0.0%

 

Kiatnakin Phatra Bank PCL, expiring 3/17/24*

     
(Cost: $0)      46,450        740  
EXCHANGE-TRADED FUND – 0.0%

 

United States – 0.0%

 

WisdomTree Global High Dividend Fund(d)

     
(Cost: $936,039)      19,766        896,216  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.9%

 

United States – 0.9%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(e)

     
(Cost: $21,623,665)      21,623,665        21,623,665  

TOTAL INVESTMENTS IN SECURITIES – 100.4%

(Cost: $2,514,385,135)

 

 

     2,527,257,962  

Other Assets less Liabilities – (0.4)%

 

     (10,179,210
     

 

 

 
NET ASSETS – 100.0%

 

   $ 2,517,078,752  
* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 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.

 

See Notes to Financial Statements.

 

WisdomTree Trust      33  


Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets High Dividend Fund (DEM)

September 30, 2023

 

(b) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $79,416,268 and the total market value of the collateral held by the Fund was $87,171,404. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $65,547,739.

 

(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, 2023.

 

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, 2023 were as follows:

 

Affiliate    Value at
3/31/2023
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/
(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2023
     Dividend
Income
 

WisdomTree Global High Dividend Fund

   $ 2,263,456      $ 4,173,649      $ 5,338,166      $ (237,882    $ 35,159      $ 896,216      $ 90,102  

 

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

    10/2/2023       1,703,578       USD       55,000,000       TWD      $      $ (237

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

     2,504,737,341                      2,504,737,341  

Warrants

     740                      740  

Exchange-Traded Fund

     896,216                      896,216  

Investment of Cash Collateral for Securities Loaned

            21,623,665               21,623,665  

Total Investments in Securities

   $ 2,505,634,297      $ 21,623,665      $ 0      $ 2,527,257,962  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (237    $      $ (237

Total – Net

   $ 2,505,634,297      $ 21,623,428      $ 0      $ 2,527,257,725  
* 

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

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 Emerging Markets Multifactor Fund (EMMF)

September 30, 2023

 

 

 

Investments    Shares      Value  

COMMON STOCKS – 98.4%

 

Brazil – 6.4%

 

Ambev SA

     4,517      $ 11,831  

Banco do Brasil SA

     1,422        13,404  

BB Seguridade Participacoes SA

     2,719        16,954  

CCR SA

     3,784        9,745  

Cia de Saneamento Basico do Estado de Sao Paulo SABESP

     845        10,303  

CPFL Energia SA

     2,831        19,010  

Energisa SA

     2,418        22,585  

Engie Brasil Energia SA

     2,395        19,824  

Equatorial Energia SA

     2,087        13,368  

Hypera SA

     705        5,231  

Klabin SA

     4,404        20,950  

Raia Drogasil SA

     1,282        7,075  

Rumo SA

     1,576        7,186  

Sendas Distribuidora SA

     2,339        5,683  

Suzano SA

     2,264        24,553  

Telefonica Brasil SA

     1,977        17,056  

TIM SA

     14,976        44,552  

TOTVS SA

     2,336        12,601  

WEG SA

     1,316        9,536  
     

 

 

 
Total Brazil

 

     291,447  
Chile – 2.3%

 

Banco de Chile

     250,487        25,373  

Banco de Credito e Inversiones SA

     1,027        26,160  

Cencosud SA

     6,486        12,234  

Cia Sud Americana de Vapores SA

     96,714        5,770  

Empresas CMPC SA

     13,142        24,068  

Enel Chile SA

     180,784        10,928  
     

 

 

 
Total Chile

 

     104,533  
China – 10.4%

 

3SBio, Inc.(a)

     50,500        42,235  

China Resources Pharmaceutical Group Ltd.(a)

     46,500        30,874  

Jiangsu Expressway Co. Ltd., Class H

     36,000        32,498  

People’s Insurance Co. Group of China Ltd., Class H

     179,000        64,224  

PICC Property & Casualty Co. Ltd., Class H

     50,000        64,225  

Shanghai Pharmaceuticals Holding Co. Ltd., Class H

     21,700        33,858  

Sinopharm Group Co. Ltd., Class H

     16,800        48,693  

Tingyi Cayman Islands Holding Corp.

     32,000        44,700  

Uni-President China Holdings Ltd.

     39,000        27,388  

Vipshop Holdings Ltd., ADR*

     3,621        57,972  

Zhejiang Expressway Co. Ltd., Class H

     38,000        28,336  
     

 

 

 
Total China

 

     475,003  
Czech Republic – 0.3%

 

CEZ AS

     318        13,547  
Hungary – 0.5%

 

MOL Hungarian Oil & Gas PLC

     3,293        25,085  
India – 24.5%

 

ABB India Ltd.

     356        17,569  

Asian Paints Ltd.

     727        27,674  

Aurobindo Pharma Ltd.

     1,679        18,487  

Axis Bank Ltd.

     1,732      21,623  

Bajaj Auto Ltd.

     500        30,489  

Bank of Baroda

     6,778        17,463  

Berger Paints India Ltd.

     630        4,316  

Berger Paints India Ltd.*

     126        863  

Bharat Electronics Ltd.

     10,111        16,839  

Bharat Petroleum Corp. Ltd.

     6,951        29,012  

Bharti Airtel Ltd.

     742        8,278  

Britannia Industries Ltd.

     296        16,173  

CG Power & Industrial Solutions Ltd.

     2,825        15,043  

Cipla Ltd.

     1,685        24,068  

Coal India Ltd.

     9,899        35,190  

Colgate-Palmolive India Ltd.

     998        24,103  

Dr. Reddy’s Laboratories Ltd.

     362        24,355  

Eicher Motors Ltd.

     518        21,502  

Grasim Industries Ltd.

     1,185        27,718  

HCL Technologies Ltd.

     2,227        33,115  

Hero MotoCorp Ltd.

     888        32,693  

Hindustan Aeronautics Ltd.

     162        3,762  

Hindustan Petroleum Corp. Ltd.*

     8,116        24,917  

ICICI Lombard General Insurance Co. Ltd.(a)

     1,269        20,012  

Indian Hotels Co. Ltd.

     5,398        26,723  

Indian Oil Corp. Ltd.

     28,033        30,703  

Infosys Ltd.

     1,396        24,131  

InterGlobe Aviation Ltd.*(a)

     142        4,072  

ITC Ltd.

     3,772        20,186  

Lupin Ltd.

     356        5,021  

Mahindra & Mahindra Ltd.

     1,765        33,035  

Maruti Suzuki India Ltd.

     258        32,966  

Max Healthcare Institute Ltd.

     632        4,318  

MRF Ltd.

     18        23,257  

Nestle India Ltd.

     66        17,888  

NTPC Ltd.

     8,858        26,193  

Oil & Natural Gas Corp. Ltd.

     13,088        30,237  

Pidilite Industries Ltd.

     204        5,993  

Power Grid Corp. of India Ltd.

     11,660        28,047  

Samvardhana Motherson International Ltd.

     16,507        19,083  

SBI Cards & Payment Services Ltd.

     1,988        18,939  

Siemens Ltd.

     448        19,813  

State Bank of India

     2,775        20,002  

Sun Pharmaceutical Industries Ltd.

     1,703        23,762  

Tata Consultancy Services Ltd.

     550        23,371  

Tata Elxsi Ltd.

     236        20,539  

Tata Motors Ltd.

     3,227        24,490  

Tech Mahindra Ltd.

     2,070        30,481  

Torrent Pharmaceuticals Ltd.

     804        18,677  

Tube Investments of India Ltd.

     465        16,733  

TVS Motor Co. Ltd.

     1,551        28,423  

United Spirits Ltd.*

     345        4,185  

Varun Beverages Ltd.

     824        9,384  

Vedanta Ltd.

     4,171        11,178  

Wipro Ltd.

     5,275        25,793  
     

 

 

 
Total India

 

     1,122,887  

 

See Notes to Financial Statements.

 

WisdomTree Trust      35  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Multifactor Fund (EMMF)

September 30, 2023

 

 

 

Investments    Shares      Value  
Indonesia – 5.3%

 

Adaro Energy Indonesia Tbk PT

     104,800      $ 19,326  

Astra International Tbk PT

     57,600        23,200  

Bank Central Asia Tbk PT

     56,600        32,319  

Bank Negara Indonesia Persero Tbk PT

     35,000        23,382  

Bank Rakyat Indonesia Persero Tbk PT

     60,300        20,386  

Indah Kiat Pulp & Paper Tbk PT

     49,000        35,192  

Indofood CBP Sukses Makmur Tbk PT

     18,300        13,114  

Indofood Sukses Makmur Tbk PT

     44,800        19,204  

Sumber Alfaria Trijaya Tbk PT

     27,300        5,229  

Telkom Indonesia Persero Tbk PT

     109,700        26,618  

United Tractors Tbk PT

     13,800        25,225  
     

 

 

 
Total Indonesia

 

     243,195  
Malaysia – 4.3%

 

AMMB Holdings Bhd

     22,400        17,652  

CIMB Group Holdings Bhd

     17,800        20,585  

Gamuda Bhd

     5,600        5,284  

Hong Leong Bank Bhd

     5,400        22,427  

Hong Leong Financial Group Bhd

     6,400        24,127  

IHH Healthcare Bhd

     5,500        6,853  

IOI Corp. Bhd

     11,700        9,918  

Kuala Lumpur Kepong Bhd

     1,600        7,292  

Malaysia Airports Holdings Bhd

     3,100        4,708  

MISC Bhd

     7,100        10,706  

QL Resources Bhd

     5,300        6,163  

RHB Bank Bhd

     18,788        21,728  

Sime Darby Bhd

     34,600        16,286  

Telekom Malaysia Bhd

     24,200        25,255  
     

 

 

 
Total Malaysia

 

     198,984  
Mexico – 4.6%

 

Alfa SAB de CV, Class A

     22,419        14,629  

America Movil SAB de CV, Series B(b)

     33,616        29,189  

Arca Continental SAB de CV

     2,434        22,168  

Coca-Cola Femsa SAB de CV

     2,598        20,448  

Fibra Uno Administracion SA de CV

     4,200        7,021  

Fomento Economico Mexicano SAB de CV

     1,575        17,249  

Gruma SAB de CV, Class B

     1,165        20,009  

Grupo Bimbo SAB de CV, Series A

     2,138        10,337  

Grupo Financiero Inbursa SAB de CV, Class O*

     14,174        27,951  

Promotora y Operadora de Infraestructura SAB de CV

     2,893        25,931  

Wal-Mart de Mexico SAB de CV

     3,700        13,967  
     

 

 

 
Total Mexico

 

     208,899  
Philippines – 2.0%

 

Bank of the Philippine Islands

     11,308        22,386  

International Container Terminal Services, Inc.

     3,750        13,734  

Jollibee Foods Corp.

     7,610        30,857  

Manila Electric Co.

     2,270        14,765  

Metropolitan Bank & Trust Co.

     11,810        11,272  
     

 

 

 
Total Philippines

 

     93,014  
Poland – 1.4%

 

CD Projekt SA

     139        3,987  

Dino Polska SA*(a)

     55        4,473  

ORLEN SA

     1,536      20,656  

Powszechna Kasa Oszczednosci Bank Polski SA*

     1,346        10,706  

Powszechny Zaklad Ubezpieczen SA

     1,563        14,813  

Santander Bank Polska SA*

     127        10,474  
     

 

 

 
Total Poland

 

     65,109  
Russia – 0.0%

 

LUKOIL PJSC*

     67        0  

LUKOIL PJSC, ADR*

     46        0  

Magnit PJSC*

     32        0  

Magnit PJSC, GDR*(c)

     1        0  

MMC Norilsk Nickel PJSC*

     29        0  

MMC Norilsk Nickel PJSC, ADR*

     11        0  

Mobile TeleSystems PJSC, ADR*

     1,696        0  

Novolipetsk Steel PJSC*

     3,110        0  

PhosAgro PJSC*

     178        0  

PhosAgro PJSC, GDR*(c)

     4        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 – 2.8%

 

Absa Group Ltd.

     1,518        14,087  

Bid Corp. Ltd.(b)

     557        12,484  

Harmony Gold Mining Co. Ltd.

     1,113        4,196  

MTN Group Ltd.

     1,394        8,350  

Remgro Ltd.

     4,052        31,940  

Standard Bank Group Ltd.

     2,986        29,119  

Woolworths Holdings Ltd.

     7,175        25,833  
     

 

 

 
Total South Africa

 

     126,009  
South Korea – 9.9%

 

BGF Retail Co. Ltd.

     168        17,555  

DB Insurance Co. Ltd.

     646        42,799  

Doosan Bobcat, Inc.

     1,016        38,399  

GS Holdings Corp.

     642        18,983  

Hyundai Glovis Co. Ltd.

     165        22,548  

Hyundai Motor Co.

     341        48,292  

Korean Air Lines Co. Ltd.

     1,228        19,793  

KT Corp.

     1,250        30,708  

LG Uplus Corp.

     3,084        23,677  

Meritz Financial Group, Inc.

     1,406        57,515  

Orion Corp.

     259        24,626  

Posco International Corp.

     199        10,530  

Samsung Electronics Co. Ltd.

     1,952        98,945  
     

 

 

 
Total South Korea

 

     454,370  
Taiwan – 18.7%

 

Acer, Inc.

     14,000        15,743  

ASE Technology Holding Co. Ltd.

     8,000        27,137  

Cheng Shin Rubber Industry Co. Ltd.

     19,000        25,015  

Chunghwa Telecom Co. Ltd.

     6,000        21,561  

 

See Notes to Financial Statements.

 

36   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Multifactor Fund (EMMF)

September 30, 2023

 

 

 

Investments    Shares      Value  

Compal Electronics, Inc.

     31,000      $ 29,482  

Eva Airways Corp.

     5,000        4,608  

Far EasTone Telecommunications Co. Ltd.

     13,000        29,278  

Hon Hai Precision Industry Co. Ltd.

     8,000        25,774  

Lite-On Technology Corp., ADR

     14,000        52,694  

Novatek Microelectronics Corp.

     2,000        26,208  

Pegatron Corp.

     11,000        26,103  

Pou Chen Corp.

     12,000        10,650  

President Chain Store Corp.

     3,000        24,396  

Quanta Computer, Inc.

     8,000        59,355  

Synnex Technology International Corp.

     14,000        27,800  

Taiwan Business Bank

     56,000        22,899  

Taiwan Mobile Co. Ltd.

     3,000        8,792  

Taiwan Semiconductor Manufacturing Co. Ltd.

     15,500        251,127  

Uni-President Enterprises Corp.

     9,000        19,544  

United Microelectronics Corp.

     16,000        22,404  

Wistron Corp.

     3,000        9,433  

Wiwynn Corp.

     1,500        69,469  

WPG Holdings Ltd.

     15,000        28,159  

Zhen Ding Technology Holding Ltd.

     6,000        18,290  
     

 

 

 
Total Taiwan

 

     855,921  
Thailand – 1.5%

 

Advanced Info Service PCL, NVDR

     300        1,878  

Bangkok Dusit Medical Services PCL, NVDR

     4,400        3,232  

Bumrungrad Hospital PCL, NVDR

     900        6,624  

Krung Thai Bank PCL, NVDR

     36,500        19,046  

Minor International PCL, NVDR

     22,000        18,881  

SCB X PCL, NVDR

     6,600        18,579  
     

 

 

 
Total Thailand

 

     68,240  
Turkey – 3.5%

 

Akbank TAS

     21,509        26,252  

Ford Otomotiv Sanayi AS

     700        21,576  

Haci Omer Sabanci Holding AS

     5,262        11,459  

KOC Holding AS

     4,076        21,811  

Pegasus Hava Tasimaciligi AS*

     290        8,718  

Tofas Turk Otomobil Fabrikasi AS

     1,371        14,777  

Turk Hava Yollari AO*

     1,251        11,066  

Turkiye Is Bankasi AS, Class C

     34,503        32,395  

Turkiye Sise ve Cam Fabrikalari AS

     7,033        14,020  
     

 

 

 
Total Turkey

 

     162,074  

TOTAL COMMON STOCKS

(Cost: $4,399,163)

 

 

     4,508,317  
PREFERRED STOCKS – 0.9%

 

Brazil – 0.9%

 

Cia Energetica de Minas Gerais

     5,382        13,344  

Petroleo Brasileiro SA

     3,945        27,303  

TOTAL PREFERRED STOCKS

(Cost: $35,057)

 

 

     40,647  
RIGHTS – 0.0%

 

Chile – 0.0%

 

Banco de Credito e Inversiones SA, expiring 10/21/23*

     
(Cost: $0)      131      109  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.9%

 

United States – 0.9%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 5.36%(d)

     
(Cost: $40,796)      40,796        40,796  
TOTAL INVESTMENTS IN SECURITIES – 100.2% (Cost: $4,475,016)

 

     4,589,869  

Other Assets less Liabilities – (0.2)%

 

     (10,687
     

 

 

 
NET ASSETS – 100.0%

 

   $ 4,579,182  
* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 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, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $37,703 and the total market value of the collateral held by the Fund was $40,796.

 

(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, 2023.

 

See Notes to Financial Statements.

 

WisdomTree Trust      37  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Multifactor Fund (EMMF)

September 30, 2023

 

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

    10/2/2023       756       USD       17,410       CZK     $     $ (1

Bank of America NA

    10/4/2023       160,051       CZK       6,973       USD             (16

Bank of America NA

    10/4/2023       27,450       HKD       3,505       USD             (0 )^ 

Bank of America NA

    11/3/2023       11,393       USD       261,828       CZK       26        

Citibank NA

    10/3/2023       5,085,559       PHP       89,692       USD       197        

Citibank NA

    10/3/2023       89,648       USD       5,085,559       PHP             (241

Citibank NA

    10/4/2023       207,024       USD       1,014,982       BRL       4,272        

Citibank NA

    10/4/2023       82,218       USD       70,061,610       CLP       3,795        

Citibank NA

    10/4/2023       189,299       USD       2,884,626,557       IDR       2,652        

Citibank NA

    10/4/2023       959,367       USD       30,536,648       TWD       13,275        

Citibank NA

    10/4/2023       2,496,944       ZAR       132,764       USD             (237

Citibank NA

    10/5/2023       935,342       USD       77,429,492       INR       2,960        

Citibank NA

    10/5/2023       213,305       USD       17,703,249       INR       128        

Citibank NA

    10/11/2023       56,193       USD       404,619       CNY       797        

Citibank NA

    11/6/2023       92,348       USD       5,237,341       PHP             (257

Goldman Sachs

    10/4/2023       1,014,982       BRL       202,956       USD             (204

Goldman Sachs

    10/4/2023       70,061,610       CLP       77,985       USD       438        

Goldman Sachs

    10/4/2023       2,769,562       MXN       158,533       USD       807        

Goldman Sachs

    10/4/2023       666,741       MYR       142,518       USD             (505

Goldman Sachs

    10/5/2023       522,844,374       KRW       387,608       USD             (123

Goldman Sachs

    10/5/2023       386,920       USD       522,844,374       KRW             (565

Goldman Sachs

    11/3/2023       384,244       USD       517,633,555       KRW       58        

Goldman Sachs

    11/3/2023       170,481       USD       795,601       MYR       675        

Goldman Sachs

    11/6/2023       225,052       USD       1,130,031       BRL       352        

Goldman Sachs

    11/6/2023       69,052       USD       62,173,940       CLP             (375

Goldman Sachs

    11/6/2023       173,546       USD       3,048,615       MXN             (887

HSBC Holdings PLC

    10/4/2023       149,188       PLN       34,083       USD       94        

HSBC Holdings PLC

    10/4/2023       2,746,289       TRY       99,748       USD       141        

HSBC Holdings PLC

    10/4/2023       2,413,558       TWD       75,457       USD             (679

HSBC Holdings PLC

    10/4/2023       28,123,090       TWD       875,604       USD             (4,290

HSBC Holdings PLC

    10/4/2023       6,973       USD       154,773       CZK       245        

HSBC Holdings PLC

    10/4/2023       34,083       USD       140,280       PLN       1,947        

HSBC Holdings PLC

    10/4/2023       101,450       USD       3,538,073       THB       4,276        

HSBC Holdings PLC

    10/5/2023       95,132,741       INR       1,145,212       USD       347        

HSBC Holdings PLC

    10/5/2023       522,844,374       KRW       386,919       USD       565        

HSBC Holdings PLC

    10/5/2023       395,750       USD       522,844,374       KRW       8,265        

HSBC Holdings PLC

    10/11/2023       3,399,287       CNY       475,259       USD             (9,861

HSBC Holdings PLC

    10/11/2023       408,750       USD       2,994,668       CNY             (1,251

HSBC Holdings PLC

    11/3/2023       481,595       USD       3,454,241       CNY       7,722        

HSBC Holdings PLC

    11/3/2023       1,137,038       USD       94,590,181       INR             (452

HSBC Holdings PLC

    11/3/2023       105,452       USD       2,997,724       TRY             (23

HSBC Holdings PLC

    11/3/2023       862,942       USD       27,668,938       TWD       2,576        

HSBC Holdings PLC

    11/6/2023       55,444       USD       242,915       PLN             (153

Merrill Lynch International

    10/3/2023       76,918       THB       2,111       USD       2        

Morgan Stanley & Co. International

    10/4/2023       158,533       USD       2,665,245       MXN       5,194        

Morgan Stanley & Co. International

    10/4/2023       144,160       USD       666,741       MYR       2,147        

Morgan Stanley & Co. International

    10/4/2023       222,009       USD       4,170,963       ZAR       632        

Morgan Stanley & Co. International

    10/4/2023       1,683,326       ZAR       89,245       USD       99        

Morgan Stanley & Co. International

    11/3/2023       105,950       USD       2,003,716       ZAR             (120

UBS AG

    10/4/2023       5,883,896       HUF       15,947       USD       92        

UBS AG

    10/4/2023       2,884,626,557       IDR       186,397       USD       250        

UBS AG

    10/4/2023       1,366,077       THB       38,289       USD             (769

UBS AG

    10/4/2023       2,171,996       THB       59,392       USD       262        

UBS AG

    10/4/2023       15,947       USD       5,607,094       HUF       662        

UBS AG

    10/4/2023       99,748       USD       2,720,342       TRY       803        

 

See Notes to Financial Statements.

 

38   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets Multifactor Fund (EMMF)

September 30, 2023

 

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

    11/3/2023       204,425       USD       3,164,937,874       IDR     $     $ (347

UBS AG

    11/3/2023       55,129       USD       2,011,485       THB             (257

UBS AG

    11/6/2023       16,554       USD       6,146,144       HUF             (97
                                            $ 66,753     $ (21,710
^ 

Amount represents less than $1.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

     4,508,317                      4,508,317  

Preferred Stocks

     40,647                      40,647  

Rights

     109                      109  

Investment of Cash Collateral for Securities Loaned

            40,796               40,796  

Total Investments in Securities

   $ 4,549,073      $ 40,796      $ 0      $ 4,589,869  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 66,753      $      $ 66,753  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (21,710    $      $ (21,710

Total – Net

   $ 4,549,073      $ 85,839      $ 0      $ 4,634,912  

 

* 

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

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 Emerging Markets Quality Dividend Growth Fund (DGRE)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 97.7%

 

Brazil – 5.1%

 

Ambev SA

     113,608      $ 297,571  

Banco do Brasil SA

     26,430        249,134  

BB Seguridade Participacoes SA

     37,551        234,150  

CCR SA

     144,445        371,992  

Cia de Saneamento Basico do Estado de Sao Paulo SABESP

     33,851        412,756  

Engie Brasil Energia SA

     47,967        397,042  

Klabin SA

     113,351        539,217  

Lojas Renner SA

     28,011        74,991  

Raia Drogasil SA

     44,747        246,926  

Suzano SA

     20,959        227,294  

TIM SA

     110,244        327,966  

TOTVS SA

     35,572        191,889  

Ultrapar Participacoes SA

     82,216        307,990  

Vale SA

     67,668        913,650  

WEG SA

     44,387        321,649  
     

 

 

 
Total Brazil

 

     5,114,217  
Chile – 1.8%

 

Banco de Chile

     2,092,037        211,909  

Banco de Credito e Inversiones SA

     12,307        313,492  

Banco Santander Chile

     4,419,280        203,563  

Cencosud SA

     154,540        291,487  

Cia Sud Americana de Vapores SA

     2,620,061        156,321  

Empresas CMPC SA

     226,664        415,117  

Empresas Copec SA

     30,310        213,749  
     

 

 

 
Total Chile

 

     1,805,638  
China – 0.5%

 

Airtac International Group

     11,767        356,869  

Silergy Corp.

     15,000        141,494  
     

 

 

 
Total China

 

     498,363  
Czech Republic – 0.3%

 

CEZ AS

     7,133        303,875  
Hungary – 0.5%

 

MOL Hungarian Oil & Gas PLC

     26,128        199,036  

Richter Gedeon Nyrt

     10,529        255,921  
     

 

 

 
Total Hungary

 

     454,957  
India – 27.2%

 

ABB India Ltd.

     6,484        319,998  

Adani Enterprises Ltd.

     13,966        405,973  

Adani Ports & Special Economic Zone Ltd.

     50,671        503,499  

Apollo Hospitals Enterprise Ltd.

     4,573        282,931  

Asian Paints Ltd.

     10,169        387,093  

Aurobindo Pharma Ltd.

     22,762        250,628  

Bajaj Auto Ltd.

     6,478        395,016  

Berger Paints India Ltd.

     25,197        172,605  

Berger Paints India Ltd.*

     5,039        34,521  

Bharat Electronics Ltd.

     248,913        414,549  

Bharat Forge Ltd.

     19,474        255,991  

Britannia Industries Ltd.

     7,887        430,924  

Cipla Ltd.

     56,747        810,566  

Coal India Ltd.

     76,878      273,291  

Colgate-Palmolive India Ltd.

     14,746        356,134  

Container Corp. of India Ltd.

     19,170        165,334  

Dabur India Ltd.

     30,772        204,402  

Divi’s Laboratories Ltd.

     5,295        240,079  

Dr. Reddy’s Laboratories Ltd.

     3,921        263,804  

Eicher Motors Ltd.

     4,735        196,545  

Grasim Industries Ltd.

     21,971        513,919  

Havells India Ltd.

     23,766        397,511  

HCL Technologies Ltd.

     26,246        390,271  

Hero MotoCorp Ltd.

     5,844        215,153  

Hindalco Industries Ltd.

     45,987        272,822  

Hindustan Unilever Ltd.

     19,483        578,475  

ICICI Bank Ltd.

     65,041        745,564  

Indian Hotels Co. Ltd.

     66,379        328,613  

Indian Railway Catering & Tourism Corp. Ltd.

     17,710        145,203  

Indraprastha Gas Ltd.

     39,394        215,777  

Infosys Ltd.

     67,120        1,160,235  

ITC Ltd.

     120,814        646,543  

Jindal Steel & Power Ltd.

     45,160        381,412  

Jubilant Foodworks Ltd.

     39,091        250,953  

Kotak Mahindra Bank Ltd.

     19,816        414,187  

Larsen & Toubro Ltd.

     18,325        667,217  

LTIMindtree Ltd.(a)

     2,879        180,623  

Mahindra & Mahindra Ltd.

     17,791        332,987  

Maruti Suzuki India Ltd.

     4,384        560,166  

Mphasis Ltd.

     6,979        199,736  

MRF Ltd.

     215        277,796  

Nestle India Ltd.

     2,172        588,683  

NTPC Ltd.

     150,181        444,080  

Oil & Natural Gas Corp. Ltd.

     116,829        269,910  

Page Industries Ltd.

     499        234,225  

Petronet LNG Ltd.

     119,743        346,001  

PI Industries Ltd.

     4,952        205,913  

Pidilite Industries Ltd.

     13,414        394,063  

Power Grid Corp. of India Ltd.

     231,060        555,800  

Reliance Industries Ltd.

     53,908        1,522,307  

SBI Cards & Payment Services Ltd.

     29,955        285,369  

Siemens Ltd.

     7,858        347,520  

SRF Ltd.

     7,103        192,404  

State Bank of India

     63,226        455,724  

Sun Pharmaceutical Industries Ltd.

     40,901        570,680  

Tata Consultancy Services Ltd.

     22,589        959,855  

Tata Consumer Products Ltd.

     23,896        252,337  

Tata Elxsi Ltd.

     2,145        186,681  

Tata Power Co. Ltd.

     141,467        446,848  

Tech Mahindra Ltd.

     30,822        453,860  

Titan Co. Ltd.

     8,846        335,427  

Torrent Pharmaceuticals Ltd.

     13,976        324,671  

Trent Ltd.

     10,371        259,789  

Tube Investments of India Ltd.

     10,693        384,795  

TVS Motor Co. Ltd.

     28,434        521,077  

UltraTech Cement Ltd.

     4,394        436,793  

 

See Notes to Financial Statements.

 

40   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

September 30, 2023

 

 

 

Investments    Shares      Value  

UPL Ltd.

     29,850      $ 221,517  

Varun Beverages Ltd.

     44,196        503,318  

Wipro Ltd.

     50,565        247,250  
     

 

 

 
Total India

 

     27,185,943  
Indonesia – 2.8%

 

Adaro Energy Indonesia Tbk PT

     982,800        181,235  

Aneka Tambang Tbk

     1,621,100        190,378  

Astra International Tbk PT

     522,000        210,252  

Bank Central Asia Tbk PT

     820,900        468,744  

Bank Mandiri Persero Tbk PT

     871,800        339,864  

Bank Negara Indonesia Persero Tbk PT

     287,700        192,203  

Bank Rakyat Indonesia Persero Tbk PT

     1,174,700        397,141  

Kalbe Farma Tbk PT

     3,182,631        361,405  

Sumber Alfaria Trijaya Tbk PT

     1,341,900        257,006  

United Tractors Tbk PT

     99,400        181,692  
     

 

 

 
Total Indonesia

 

     2,779,920  
Malaysia – 3.2%

 

CIMB Group Holdings Bhd

     387,900        448,602  

Gamuda Bhd

     357,703        337,495  

IHH Healthcare Bhd

     129,000        160,726  

IOI Corp. Bhd

     218,800        185,469  

Kuala Lumpur Kepong Bhd

     39,500        180,033  

MR DIY Group M Bhd(a)

     333,600        107,286  

Petronas Chemicals Group Bhd

     115,700        177,175  

Petronas Dagangan Bhd

     57,600        274,552  

PPB Group Bhd

     79,800        263,097  

Press Metal Aluminium Holdings Bhd

     207,300        207,951  

QL Resources Bhd

     225,400        262,113  

RHB Bank Bhd

     136,178        157,488  

Sime Darby Plantation Bhd

     243,300        221,782  

Telekom Malaysia Bhd

     185,400        193,485  
     

 

 

 
Total Malaysia

 

     3,177,254  
Mexico – 5.5%

 

Alfa SAB de CV, Class A

     251,916        164,383  

America Movil SAB de CV, Series B

     708,058        614,817  

Arca Continental SAB de CV

     40,161        365,779  

Coca-Cola Femsa SAB de CV

     49,293        387,968  

Fibra Uno Administracion SA de CV

     226,565        378,727  

Fomento Economico Mexicano SAB de CV

     59,578        652,501  

Grupo Aeroportuario del Pacifico SAB de CV, Class B

     19,713        324,918  

Grupo Aeroportuario del Sureste SAB de CV, Class B

     13,915        341,547  

Grupo Bimbo SAB de CV, Series A

     193,095        933,558  

Grupo Financiero Banorte SAB de CV, Class O

     43,002        361,540  

Grupo Mexico SAB de CV, Series B

     98,322        466,702  

Orbia Advance Corp. SAB de CV

     86,304        179,824  

Promotora y Operadora de Infraestructura SAB de CV

     37,533        336,422  
     

 

 

 
Total Mexico

 

     5,508,686  
Philippines – 2.1%

 

Bank of the Philippine Islands

     170,160        336,855  

International Container Terminal Services, Inc.

     170,860        625,746  

Jollibee Foods Corp.

     36,730      148,930  

Metropolitan Bank & Trust Co.

     176,700        168,655  

PLDT, Inc.

     13,220        274,793  

SM Investments Corp.

     19,070        284,317  

Universal Robina Corp.

     119,910        252,003  
     

 

 

 
Total Philippines

 

     2,091,299  
Poland – 0.5%

 

LPP SA

     99        294,842  

ORLEN SA

     19,137        257,349  
     

 

 

 
Total Poland

 

     552,191  
Russia – 0.0%

 

MMC Norilsk Nickel PJSC*

     993        0  

MMC Norilsk Nickel PJSC, ADR*

     3        0  

Mobile TeleSystems PJSC, ADR*

     24,869        0  

Novolipetsk Steel PJSC*

     71,650        0  

PhosAgro PJSC*

     2,975        0  

PhosAgro PJSC, GDR*(b)

     60        0  

Polyus PJSC*

     1,334        0  

Severstal PAO, GDR*(b)

     8,497        0  

Surgutneftegas PJSC*

     341,560        0  

Surgutneftegas PJSC, ADR*

     749        0  

TCS Group Holding PLC, GDR*(b)

     2,248        0  
     

 

 

 
Total Russia

 

     0  
Saudi Arabia – 5.0%

 

Alinma Bank

     22,741        202,522  

Arab National Bank

     42,265        270,464  

Bank Al-Jazira*

     21,769        97,513  

Bank AlBilad

     31,521        355,514  

Banque Saudi Fransi

     32,128        312,675  

Bupa Arabia for Cooperative Insurance Co.

     4,189        232,322  

Dallah Healthcare Co.

     7,250        275,660  

Dr. Sulaiman Al Habib Medical Services Group Co.

     4,591        288,403  

Etihad Etisalat Co.

     28,395        337,292  

Mouwasat Medical Services Co.

     5,551        152,449  

Nahdi Medical Co.

     6,029        231,807  

SABIC Agri-Nutrients Co.

     6,902        244,762  

Sahara International Petrochemical Co.

     20,795        209,589  

Saudi Awwal Bank

     39,534        363,669  

Saudi Basic Industries Corp.

     13,209        290,563  

Saudi National Bank

     74,770        653,910  

Saudi Telecom Co.

     43,110        432,198  
     

 

 

 
Total Saudi Arabia

 

     4,951,312  
South Africa – 6.3%

 

Absa Group Ltd.

     48,776        452,642  

Anglo American Platinum Ltd.

     3,902        146,218  

Bid Corp. Ltd.(c)

     21,018        471,079  

Bidvest Group Ltd.(c)

     17,286        250,288  

Capitec Bank Holdings Ltd.(c)

     2,595        236,413  

Clicks Group Ltd.

     14,327        196,698  

Exxaro Resources Ltd.(c)

     37,592        343,966  

FirstRand Ltd.

     93,664        317,493  

Foschini Group Ltd.(c)

     70,129        368,115  

 

See Notes to Financial Statements.

 

WisdomTree Trust      41  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

September 30, 2023

 

 

 

Investments    Shares      Value  

Gold Fields Ltd.(c)

     26,954      $ 293,742  

Mr Price Group Ltd.

     15,754        116,194  

Nedbank Group Ltd.

     32,940        353,767  

OUTsurance Group Ltd.(c)

     179,832        408,167  

Pepkor Holdings Ltd.(a)

     418,698        383,374  

Remgro Ltd.

     25,069        197,604  

Sanlam Ltd.

     123,630        430,947  

Shoprite Holdings Ltd.(c)

     19,661        250,300  

Standard Bank Group Ltd.

     58,440        569,901  

Woolworths Holdings Ltd.

     128,894        464,074  
     

 

 

 
Total South Africa

 

     6,250,982  
South Korea – 12.6%

 

BGF Retail Co. Ltd.

     1,569        163,946  

Cheil Worldwide, Inc.

     15,632        232,267  

CJ CheilJedang Corp.

     569        129,452  

DB Insurance Co. Ltd.

     4,591        304,162  

Doosan Bobcat, Inc.

     9,065        342,608  

Ecopro BM Co. Ltd.

     2,911        545,786  

F&F Co. Ltd.

     3,709        310,595  

GS Holdings Corp.

     12,276        362,985  

Hana Financial Group, Inc.

     13,055        410,690  

Hankook Tire & Technology Co. Ltd.

     10,524        308,841  

Hanmi Pharm Co. Ltd.

     1,273        282,071  

HD Hyundai Co. Ltd.

     6,353        312,142  

HMM Co. Ltd.

     27,514        331,538  

Hyundai Glovis Co. Ltd.

     3,434        469,268  

Hyundai Motor Co.

     4,107        581,627  

Industrial Bank of Korea

     23,309        193,637  

Kakao Corp.

     7,837        255,251  

Kia Corp.

     6,482        391,014  

Korean Air Lines Co. Ltd.

     21,279        342,981  

Kumho Petrochemical Co. Ltd.

     4,408        438,056  

L&F Co. Ltd.

     2,683        344,770  

LG Innotek Co. Ltd.

     1,564        283,384  

LG Uplus Corp.

     12,982        99,669  

NCSoft Corp.

     1,271        209,573  

Orion Corp.

     3,774        358,829  

Pan Ocean Co. Ltd.

     47,967        176,313  

S-Oil Corp.

     2,236        131,237  

Samsung Electro-Mechanics Co. Ltd.

     2,236        227,676  

Samsung Electronics Co. Ltd.

     72,331        3,666,400  

Samsung SDS Co. Ltd.

     4,054        406,181  
     

 

 

 
Total South Korea

 

     12,612,949  
Taiwan – 16.5%

 

Accton Technology Corp.

     38,000        580,350  

Advantech Co. Ltd.

     39,280        419,808  

ASE Technology Holding Co. Ltd.

     109,000        369,743  

Delta Electronics, Inc.

     56,000        562,940  

Eclat Textile Co. Ltd.

     17,000        256,471  

Eva Airways Corp.

     227,000        209,205  

Feng TAY Enterprise Co. Ltd.

     67,200        380,961  

Fubon Financial Holding Co. Ltd.

     166,740        313,537  

Hua Nan Financial Holdings Co. Ltd.

     287,000        182,262  

Lite-On Technology Corp., ADR

     151,000      568,346  

MediaTek, Inc.

     27,000        614,767  

Micro-Star International Co. Ltd.

     90,000        457,242  

momo.com, Inc.

     3,280        51,008  

Nan Ya Printed Circuit Board Corp.

     26,000        214,650  

Nien Made Enterprise Co. Ltd.

     38,000        364,926  

Pou Chen Corp.

     171,000        151,768  

Powerchip Semiconductor Manufacturing Corp.

     217,000        178,478  

Quanta Computer, Inc.

     99,000        734,515  

Realtek Semiconductor Corp.

     47,000        575,115  

Ruentex Development Co. Ltd.

     193,950        211,491  

SinoPac Financial Holdings Co. Ltd.

     647,700        349,127  

Synnex Technology International Corp.

     257,000        510,330  

Taiwan Semiconductor Manufacturing Co. Ltd.

     361,291        5,853,540  

Unimicron Technology Corp.

     58,000        311,736  

United Microelectronics Corp.

     311,000        435,470  

Voltronic Power Technology Corp.

     7,000        343,706  

Walsin Lihwa Corp.

     143,000        163,021  

Winbond Electronics Corp.

     303,000        237,478  

Wiwynn Corp.

     12,000        555,753  

Zhen Ding Technology Holding Ltd.

     89,000        271,297  
     

 

 

 
Total Taiwan

 

     16,429,041  
Thailand – 3.3%

 

Bangkok Dusit Medical Services PCL, NVDR

     461,800        339,256  

Banpu PCL, NVDR

     1,994,600        438,223  

Bumrungrad Hospital PCL, NVDR

     57,300        421,734  

Delta Electronics Thailand PCL, NVDR

     269,000        611,322  

Gulf Energy Development PCL, NVDR

     225,400        281,653  

Indorama Ventures PCL, NVDR

     334,800        239,061  

PTT Exploration & Production PCL, NVDR

     118,700        557,438  

Thai Oil PCL, NVDR

     295,300        409,547  
     

 

 

 
Total Thailand

 

     3,298,234  
Turkey – 4.5%

 

Aselsan Elektronik Sanayi Ve Ticaret AS

     346,415        515,547  

BIM Birlesik Magazalar AS

     41,294        413,769  

Ford Otomotiv Sanayi AS

     25,801        795,252  

Haci Omer Sabanci Holding AS

     129,571        282,159  

KOC Holding AS

     72,038        385,482  

Turkcell Iletisim Hizmetleri AS*

     224,456        436,385  

Turkiye Petrol Rafinerileri AS

     131,653        763,554  

Turkiye Sise ve Cam Fabrikalari AS

     249,309        496,981  

Yapi ve Kredi Bankasi AS

     582,023        391,908  
     

 

 

 
Total Turkey

 

     4,481,037  

TOTAL COMMON STOCKS

(Cost: $89,111,610)

 

 

     97,495,898  
PREFERRED STOCKS – 2.3%

 

Brazil – 0.7%

 

Cia Energetica de Minas Gerais

     121,181        300,459  

Itausa SA

     192,193        347,508  
     

 

 

 
Total Brazil

 

     647,967  
Chile – 0.2%

 

Sociedad Quimica y Minera de Chile SA, Class B

     3,531        208,899  

 

See Notes to Financial Statements.

 

42   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)

September 30, 2023

 

 

 

Investments    Shares      Value  
South Korea – 1.4%

 

Hyundai Motor Co.

     8,525      $ 666,539  

Samsung Electronics Co. Ltd.

     18,916        763,985  
     

 

 

 
Total South Korea

 

     1,430,524  

TOTAL PREFERRED STOCKS

(Cost: $2,432,640)

 

 

     2,287,390  
RIGHTS – 0.0%

 

Chile – 0.0%

 

Banco de Credito e Inversiones SA, expiring 10/21/23*

(Cost: $0)      1,597        1,329  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.4%

 

United States – 1.4%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(d)

     
(Cost: $1,437,125)      1,437,125        1,437,125  

TOTAL INVESTMENTS IN SECURITIES – 101.4%

(Cost: $92,981,375)

 

 

     101,221,742  

Other Assets less Liabilities – (1.4)%

 

     (1,433,429
     

 

 

 
NET ASSETS – 100.0%

 

   $ 99,788,313  
* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 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) 

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.

 

(c)

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $2,097,614 and the total market value of the collateral held by the Fund was $2,216,472. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $779,347.

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

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

    10/4/2023       54,296       USD       72,517,562       KRW     $ 555     $  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

     97,495,898                      97,495,898  

Preferred Stocks

     2,287,390                      2,287,390  

Rights

     1,329                      1,329  

Investment of Cash Collateral for Securities Loaned

            1,437,125               1,437,125  

Total Investments in Securities

   $ 99,784,617      $ 1,437,125      $ 0      $ 101,221,742  

Financial Derivative Instruments

 

Foreign Currency Contracts1

   $      $ 555      $      $ 555  

Total – Net

   $ 99,784,617      $ 1,437,680      $ 0      $ 101,222,297  
* 

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

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 Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2023

 

 

 

Investments    Shares      Value  

COMMON STOCKS – 99.8%

 

Brazil – 5.8%

 

AES Brasil Energia SA*

     165,692      $ 361,164  

Aliansce Sonae Shopping Centers SA

     152,299        687,372  

Alupar Investimento SA

     933,644        5,364,741  

Arezzo Industria e Comercio SA

     114,387        1,484,572  

Armac Locacao Logistica E Servicos SA

     165,756        425,219  

Blau Farmaceutica SA

     93,356        298,429  

BrasilAgro – Co. Brasileira de Propriedades Agricolas

     598,755        3,435,676  

Camil Alimentos SA

     8,388        12,887  

Cia Brasileira de Aluminio

     753,784        688,243  

Cia Brasileira de Distribuicao*

     12,501        8,742  

Cia de Saneamento de Minas Gerais Copasa MG

     394,009        1,362,642  

Cia de Saneamento do Parana

     1,976,241        9,025,987  

Cia Energetica de Minas Gerais

     1,450,712        5,535,962  

Cia Paranaense de Energia

     1,334,611        11,863,031  

Cielo SA

     3,331,451        2,336,249  

CM Hospitalar SA

     291,999        977,180  

Cruzeiro do Sul Educacional SA

     288,121        241,195  

Cyrela Brazil Realty SA Empreendimentos e Participacoes

     651,154        2,637,036  

Dexco SA

     3,445,507        5,300,568  

Energisa SA

     1,723,876        16,101,495  

Even Construtora e Incorporadora SA

     480,108        591,838  

Ez Tec Empreendimentos e Participacoes SA

     331,668        1,247,101  

Fleury SA

     654,246        1,980,306  

GPS Participacoes e Empreendimentos SA(a)

     572,020        1,964,562  

Grendene SA

     1,325,362        1,774,140  

Grupo De Moda Soma SA

     332,424        441,665  

Grupo SBF SA

     163,800        223,191  

Guararapes Confeccoes SA*

     439,232        463,347  

Iguatemi SA

     293,154        1,186,040  

Iochpe Maxion SA

     298,900        818,135  

Irani Papel e Embalagem SA

     5,217        13,206  

Jalles Machado SA

     508,318        869,336  

JHSF Participacoes SA

     15,450        14,693  

Kepler Weber SA

     1,338,912        3,097,699  

LOG Commercial Properties e Participacoes SA

     214,777        873,663  

M Dias Branco SA

     498,802        3,640,461  

Mahle Metal Leve SA

     443,045        4,270,942  

Minerva SA

     1,511,337        2,442,803  

Movida Participacoes SA

     819,955        1,946,189  

MRV Engenharia e Participacoes SA*

     1,346,939        2,871,382  

Multilaser Industrial SA*

     732,371        403,849  

Multiplan Empreendimentos Imobiliarios SA

     659,841        3,239,090  

Odontoprev SA

     413,968        900,686  

Petroreconcavo SA

     123,415        516,325  

Porto Seguro SA

     1,031,579        5,418,407  

Portobello SA

     5,060        5,884  

Positivo Tecnologia SA

     2,997        4,311  

Qualicorp Consultoria e Corretora de Seguros SA

     161,378        99,306  

Santos Brasil Participacoes SA

     4,502,369        7,709,043  

Sao Martinho SA

     975,635      7,652,727  

SIMPAR SA

     1,302,096        2,299,714  

SLC Agricola SA

     505,485        3,978,074  

Transmissora Alianca de Energia Eletrica SA

     3,221,560        22,244,289  

Ultrapar Participacoes SA

     1,382,877        5,180,401  

Vamos Locacao de Caminhoes Maquinas e Equipamentos SA

     365,585        712,150  

Vivara Participacoes SA

     230,049        1,234,539  

Wilson Sons SA

     738,467        2,065,559  

YDUQS Participacoes SA

     70,081        278,213  
     

 

 

 
Total Brazil

 

     162,821,656  
Chile – 0.6%

 

Aguas Andinas SA, Class A

     16,277,123        4,882,499  

Banco Itau Chile SA

     235,346        2,258,173  

Cencosud Shopping SA

     1,349,110        2,038,729  

Empresa Nacional de Telecomunicaciones SA

     1,399,316        4,683,444  

Parque Arauco SA

     1,625,039        2,324,187  

Ripley Corp. SA

     10,915,589        2,021,709  

Vina Concha y Toro SA

     37,190        41,141  
     

 

 

 
Total Chile

 

     18,249,882  
China – 17.0%

 

3SBio, Inc.(a)

     1,947,500        1,628,750  

A-Living Smart City Services Co. Ltd.*(a)(b)

     4,236,750        2,391,062  

Aluminum Corp. of China Ltd., Class H

     4,554,000        2,546,847  

Anhui Expressway Co. Ltd., Class H

     5,630,000        5,887,460  

Anhui Guangxin Agrochemical Co. Ltd., Class A

     1,552,399        4,274,251  

Anhui Zhongding Sealing Parts Co. Ltd., Class A

     150,500        249,534  

AsiaInfo Technologies Ltd.(a)

     1,886,800        2,115,222  

BAIC Motor Corp. Ltd., Class H(a)

     17,611,000        5,329,273  

Bank of Guiyang Co. Ltd., Class A

     18,112,588        13,896,904  

Beijing Capital Eco-Environment Protection Group Co. Ltd., Class A

     1,136,800        443,127  

Beijing GeoEnviron Engineering & Technology, Inc., Class A

     129,400        166,951  

Beijing Jingneng Clean Energy Co. Ltd., Class H

     10,160,000        2,114,545  

Beijing Originwater Technology Co. Ltd., Class A

     967,478        681,215  

Beijing Zhong Ke San Huan High-Tech Co. Ltd., Class A

     83,400        124,543  

Binjiang Service Group Co. Ltd.

     91,500        203,753  

CanSino Biologics, Inc., Class H*(a)

     147,600        459,845  

Chengdu XGimi Technology Co. Ltd., Class A

     3,482        58,889  

China Automotive Engineering Research Institute Co. Ltd., Class A

     831,423        2,310,856  

China Cinda Asset Management Co. Ltd., Class H

     93,326,000        9,413,809  

China Communications Services Corp. Ltd., Class H

     16,486,000        6,925,431  

China Datang Corp. Renewable Power Co. Ltd., Class H

     825,000        195,931  

China East Education Holdings Ltd.(a)

     4,285,500        1,761,948  

China Galaxy Securities Co. Ltd., Class H

     46,132,500        23,797,098  

 

See Notes to Financial Statements.

 

44   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2023

 

 

 

Investments    Shares      Value  

China International Capital Corp. Ltd., Class H(a)

     3,820,400      $ 7,004,851  

China International Marine Containers Group Co. Ltd., Class A

     13,297,654        12,958,631  

China International Marine Containers Group Co. Ltd., Class H

     3,646,700        2,104,622  

China Kepei Education Group Ltd.

     3,762,000        1,008,727  

China Kings Resources Group Co. Ltd., Class A

     33,400        135,695  

China Meheco Co. Ltd., Class A

     118,000        200,506  

China Merchants Securities Co. Ltd., Class H(a)

     4,004,800        3,507,847  

China Minsheng Banking Corp. Ltd., Class H

     54,983,500        18,814,939  

China National Gold Group Gold Jewellery Co. Ltd., Class A

     269,300        407,697  

China New Higher Education Group Ltd.(a)

     8,605,000        2,362,245  

China Nonferrous Mining Corp. Ltd.

     9,991,000        6,416,713  

China Oilfield Services Ltd., Class H

     842,000        1,010,591  

China Railway Group Ltd., Class H

     20,336,000        10,490,170  

China Railway Signal & Communication Corp. Ltd., Class H(a)

     10,552,000        3,368,297  

China Reinsurance Group Corp., Class H

     4,035,000        244,722  

China Resources Boya Bio-pharmaceutical Group Co. Ltd., Class A

     24,100        103,171  

China Resources Double Crane Pharmaceutical Co. Ltd., Class A

     217,800        521,949  

China Resources Medical Holdings Co. Ltd.

     2,310,500        1,513,418  

China Risun Group Ltd.

     9,230,000        3,889,119  

China South Publishing & Media Group Co. Ltd., Class A

     5,113,600        8,422,359  

China Suntien Green Energy Corp. Ltd., Class H

     9,422,000        3,260,228  

China XLX Fertiliser Ltd.

     3,118,000        1,568,585  

China Yongda Automobiles Services Holdings Ltd.

     12,950,500        5,010,312  

Chongqing Rural Commercial Bank Co. Ltd., Class H

     18,959,000        6,995,986  

CIMC Enric Holdings Ltd.

     12,000        10,465  

CMOC Group Ltd., Class H

     8,502,000        5,460,403  

CSC Financial Co. Ltd., Class H(a)

     5,985,500        6,060,511  

DHC Software Co. Ltd., Class A

     135,500        120,887  

Dian Diagnostics Group Co. Ltd., Class A

     21,800        70,315  

Dongyue Group Ltd.

     5,254,000        3,951,309  

East Group Co. Ltd., Class A

     100,400        84,887  

EEKA Fashion Holdings Ltd.

     2,127,500        4,031,244  

Electric Connector Technology Co. Ltd., Class A

     49,400        240,974  

Estun Automation Co. Ltd., Class A

     35,500        107,488  

Everbright Securities Co. Ltd., Class H(a)

     1,985,600        1,432,438  

Excellence Commercial Property & Facilities Management Group Ltd.

     27,000        6,964  

Fu Shou Yuan International Group Ltd.

     1,538,000        1,072,222  

Fufeng Group Ltd.(b)

     14,076,000        7,925,989  

Fuyao Glass Industry Group Co. Ltd., Class H(a)

     1,935,200        8,870,660  

G-bits Network Technology Xiamen Co. Ltd., Class A

     281,678      14,135,416  

Ganfeng Lithium Group Co. Ltd., Class H(a)

     183,800        754,505  

GF Securities Co. Ltd., Class H

     6,217,000        8,350,880  

Giant Network Group Co. Ltd., Class A

     233,400        414,535  

Goldwind Science & Technology Co. Ltd.

     2,231,800        1,125,610  

Grandblue Environment Co. Ltd., Class A

     61,627        146,164  

Greentown Management Holdings Co. Ltd.(a)

     1,244,000        900,615  

Guangzhou Automobile Group Co. Ltd., Class H

     11,604,000        5,733,956  

Guangzhou Haige Communications Group, Inc. Co., Class A

     425,600        658,342  

Guangzhou Zhujiang Brewery Co. Ltd., Class A

     114,200        136,368  

Guizhou Panjiang Refined Coal Co. Ltd., Class A

     2,197,800        1,861,226  

Haitong Securities Co. Ltd., Class H

     19,707,600        11,826,800  

Henan Mingtai Al Industrial Co. Ltd., Class A

     75,500        135,337  

Hisense Home Appliances Group Co. Ltd., Class H(b)

     1,096,000        2,805,825  

Huagong Tech Co. Ltd., Class A

     63,700        294,380  

Huatai Securities Co. Ltd., Class H(a)

     7,576,200        9,673,577  

Huaxi Securities Co. Ltd., Class A

     246,800        281,835  

IKD Co. Ltd., Class A

     102,700        345,211  

Jiangsu Azure Corp., Class A

     60,400        75,358  

Jiangsu Expressway Co. Ltd., Class H

     8,666,000        7,823,007  

Jiangsu Nhwa Pharmaceutical Co. Ltd., Class A

     547,700        1,992,866  

Jiangsu Provincial Agricultural Reclamation & Development Corp., Class A

     747,280        1,098,496  

Jiangsu Shuangxing Color Plastic New Materials Co. Ltd., Class A

     172,100        216,609  

Jiangxi Jovo Energy Co. Ltd., Class A

     46,200        151,109  

Jingjin Equipment, Inc., Class A

     508,634        1,857,702  

Jiumaojiu International Holdings Ltd.(a)(b)

     378,000        514,499  

Joincare Pharmaceutical Group Industry Co. Ltd., Class A

     273,600        465,279  

Kangji Medical Holdings Ltd.

     1,496,000        1,287,440  

KingClean Electric Co. Ltd., Class A

     82,182        300,720  

Laobaixing Pharmacy Chain JSC, Class A

     55,900        196,109  

Legend Holdings Corp., Class H(a)

     3,663,900        3,298,135  

Lianhe Chemical Technology Co. Ltd., Class A

     191,500        219,473  

Livzon Pharmaceutical Group, Inc., Class A

     1,451,666        7,360,195  

Livzon Pharmaceutical Group, Inc., Class H

     1,061,000        3,474,869  

Luenmei Quantum Co. Ltd., Class A

     913,571        762,380  

Metallurgical Corp. of China Ltd., Class H

     15,416,000        3,247,815  

Minth Group Ltd.

     1,836,000        4,723,712  

Nanjing Iron & Steel Co. Ltd., Class A

     20,593,100        10,458,013  

NetDragon Websoft Holdings Ltd.

     2,504,500        4,630,472  

Ningbo Sanxing Medical Electric Co. Ltd., Class A

     266,900        663,793  

Northeast Securities Co. Ltd., Class A

     238,100        250,004  

Pharmaron Beijing Co. Ltd., Class H(a)

     271,250        645,582  

Poly Property Services Co. Ltd., Class H

     1,200        4,849  

Pop Mart International Group Ltd.(a)

     805,400        2,380,665  

 

See Notes to Financial Statements.

 

WisdomTree Trust      45  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Qingdao Haier Biomedical Co. Ltd., Class A

     3,609      $ 18,967  

S-Enjoy Service Group Co. Ltd.(b)

     1,179,000        626,243  

SCE Intelligent Commercial Management Holdings Ltd.*

     1,422,000        187,013  

Sealand Securities Co. Ltd., Class A

     484,500        248,044  

Shandong Buchang Pharmaceuticals Co. Ltd., Class A

     157,533        387,468  

Shandong Dongyue Organosilicon Material Co. Ltd., Class A

     187,235        230,518  

Shandong Gold Mining Co. Ltd., Class H(a)

     744,500        1,408,797  

Shandong Himile Mechanical Science & Technology Co. Ltd., Class A

     181,700        877,856  

Shandong Pharmaceutical Glass Co. Ltd., Class A

     52,200        199,536  

Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H

     1,411,000        3,314,977  

Shanghai Huace Navigation Technology Ltd., Class A

     371,900        1,498,166  

Shanghai Huafon Aluminium Corp., Class A

     58,500        122,849  

Shanghai Pharmaceuticals Holding Co. Ltd., Class H

     2,899,000        4,523,297  

Shanghai Tunnel Engineering Co. Ltd., Class A

     769,100        618,595  

Shanxi Coking Co. Ltd., Class A

     517,300        372,758  

Shanxi Securities Co. Ltd., Class A

     539,400        425,701  

Shenwan Hongyuan Group Co. Ltd., Class H(a)

     13,566,400        2,563,669  

Shenzhen Expressway Corp. Ltd., Class H(b)

     6,130,000        5,009,289  

Shenzhen Hepalink Pharmaceutical Group Co. Ltd., Class A

     55,800        94,203  

Shenzhen Kinwong Electronic Co. Ltd., Class A

     99,700        293,527  

Shenzhen Sunlord Electronics Co. Ltd., Class A

     104,600        412,901  

Shenzhen Yinghe Technology Co. Ltd., Class A

     134,000        427,799  

Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., Class A

     406,000        286,428  

Shui On Land Ltd.

     46,695,500        4,233,202  

Simcere Pharmaceutical Group Ltd.(a)

     443,000        362,009  

Sinocare, Inc., Class A

     190,900        672,339  

Sinoma International Engineering Co., Class A

     593,500        918,873  

Sinopec Engineering Group Co. Ltd., Class H

     16,510,000        7,441,447  

Sinopharm Group Co. Ltd., Class H

     6,170,400        17,884,418  

Sinotrans Ltd., Class A

     4,439,800        3,028,625  

Sinotrans Ltd., Class H

     23,960,000        8,749,606  

Skyworth Digital Co. Ltd., Class A

     166,800        312,274  

Sonoscape Medical Corp., Class A

     9,700        64,931  

Sun Art Retail Group Ltd.

     4,483,000        950,194  

Suofeiya Home Collection Co. Ltd., Class A

     1,688,900        4,390,456  

SY Holdings Group Ltd.(b)

     1,635,000        1,060,516  

Tangshan Port Group Co. Ltd., Class A

     36,959,210        18,718,661  

Tian Di Science & Technology Co. Ltd., Class A

     1,469,894        1,095,498  

Tian Lun Gas Holdings Ltd.

     294,500        145,899  

Tiangong International Co. Ltd.

     4,034,000      1,313,444  

Tofflon Science & Technology Group Co. Ltd., Class A

     56,200        146,329  

Toly Bread Co. Ltd., Class A

     277,382        319,804  

Tong Ren Tang Technologies Co. Ltd., Class H

     1,155,888        919,474  

TravelSky Technology Ltd., Class H

     597,000        1,035,165  

Wanxiang Qianchao Co. Ltd., Class A

     683,254        487,653  

West China Cement Ltd.

     20,692,000        1,928,684  

Wolong Electric Group Co. Ltd., Class A

     170,400        281,359  

WUS Printed Circuit Kunshan Co. Ltd., Class A

     1,593,871        4,924,412  

Wuxi NCE Power Co. Ltd., Class A

     11,900        55,696  

Xi’an Triangle Defense Co. Ltd., Class A

     23,900        105,136  

Xiamen Xiangyu Co. Ltd., Class A

     4,816,540        4,502,026  

Xiangcai Co. Ltd., Class A

     254,700        273,726  

Xianhe Co. Ltd., Class A

     50,700        127,763  

Xinjiang Zhongtai Chemical Co. Ltd., Class A

     228,700        214,394  

Xinxiang Richful Lube Additive Co. Ltd., Class A

     19,760        121,206  

Xinyi Energy Holdings Ltd.(b)

     13,273,313        2,830,293  

Xuji Electric Co. Ltd., Class A

     59,700        158,883  

Yangtze Optical Fibre & Cable Joint Stock Ltd. Co. Ltd., Class A

     161,200        747,174  

Yangtze Optical Fibre & Cable Joint Stock Ltd. Co. Ltd., Class H(a)

     3,000        4,122  

Yihai International Holding Ltd.

     610,000        1,051,476  

Yonfer Agricultural Technology Co. Ltd., Class A

     166,100        243,254  

Yunnan Copper Co. Ltd., Class A

     1,535,400        2,480,411  

Zhejiang Crystal-Optech Co. Ltd., Class A

     266,900        408,826  

Zhejiang Dingli Machinery Co. Ltd., Class A

     161,800        1,171,458  

Zhejiang Expressway Co. Ltd., Class H(b)

     10,738,000        8,007,038  

Zhejiang JIULI Hi-tech Metals Co. Ltd., Class A

     1,255,990        3,327,126  

Zhejiang Xinan Chemical Industrial Group Co. Ltd., Class A

     341,982        475,487  

Zhengzhou Coal Mining Machinery Group Co. Ltd., Class H

     1,781,200        1,737,568  

Zhuzhou Hongda Electronics Corp. Ltd., Class A

     37,400        185,723  
     

 

 

 
Total China

 

     479,187,772  

Czech Republic – 0.3%

 

Moneta Money Bank AS(a)

     2,450,358        8,926,274  

India – 6.3%

 

360 ONE WAM Ltd.

     150,269        908,585  

Alkyl Amines Chemicals

     14,838        410,925  

Allcargo Logistics Ltd.

     101,673        333,946  

Angel One Ltd.

     73,969        1,648,467  

Apollo Tyres Ltd.

     707,745        3,141,935  

Asahi India Glass Ltd.

     112,188        848,558  

BEML Ltd.

     25,015        698,325  

Bharat Heavy Electricals Ltd.

     1,138,329        1,795,747  

Birla Corp. Ltd.

     34,345        508,529  

Brightcom Group Ltd.

     1,008,512        229,535  

 

See Notes to Financial Statements.

 

46   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Carborundum Universal Ltd.

     46,341      $ 656,822  

Castrol India Ltd.

     3,830,023        6,390,194  

Century Textiles & Industries Ltd.

     84,000        1,129,947  

CESC Ltd.

     5,956,823        6,452,410  

CIE Automotive India Ltd.

     198,345        1,148,277  

City Union Bank Ltd.

     478,370        729,872  

Coforge Ltd.

     43,087        2,648,508  

Computer Age Management Services Ltd.

     74,971        2,266,566  

Cyient Ltd.

     377,278        7,697,646  

Digidrive Distributors Ltd.*

     25,337        27,384  

Dr. Lal PathLabs Ltd.(a)

     24,657        749,542  

EID Parry India Ltd.

     311,717        1,959,275  

Emami Ltd.

     550,302        3,568,228  

Engineers India Ltd.

     1,960,949        3,481,907  

EPL Ltd.

     280,134        629,820  

Exide Industries Ltd.

     813,097        2,551,660  

Federal Bank Ltd.

     2,415,025        4,280,905  

Finolex Industries Ltd.

     562,115        1,516,280  

Galaxy Surfactants Ltd.

     7,560        231,440  

GHCL Ltd.

     205,520        1,523,434  

Glenmark Pharmaceuticals Ltd.

     133,547        1,375,816  

Godawari Power & Ispat Ltd.

     140,572        1,072,472  

Godrej Agrovet Ltd.(a)

     438,244        2,534,484  

Graphite India Ltd.

     231,398        1,371,118  

Great Eastern Shipping Co. Ltd.

     232,739        2,374,440  

Grindwell Norton Ltd.

     52,034        1,302,491  

Gujarat Alkalies & Chemicals Ltd.

     42,335        373,510  

Happiest Minds Technologies Ltd.

     46,923        494,311  

HEG Ltd.

     74,813        1,552,545  

Hindustan Copper Ltd.

     507,088        991,689  

ICICI Securities Ltd.(a)

     476,727        3,567,361  

IDFC Ltd.

     2,339,800        3,630,524  

Indian Bank

     854,885        4,360,321  

Indian Energy Exchange Ltd.(a)

     597,237        950,789  

IRB Infrastructure Developers Ltd.

     1,786,270        679,736  

Jamna Auto Industries Ltd.

     715,319        1,007,410  

JK Cement Ltd.

     31,547        1,207,859  

JK Lakshmi Cement Ltd.

     63,622        494,511  

Jubilant Ingrevia Ltd.

     113,305        653,636  

Jyothy Labs Ltd.

     473,171        2,054,137  

Kajaria Ceramics Ltd.

     133,598        2,127,014  

Karnataka Bank Ltd.

     891,732        2,673,330  

Karur Vysya Bank Ltd.

     1,185,934        1,910,833  

KPIT Technologies Ltd.

     109,854        1,524,360  

KRBL Ltd.

     97,610        476,700  

KSB Ltd.

     41,540        1,495,523  

Mahanagar Gas Ltd.

     153,600        1,903,046  

Mastek Ltd.

     27,420        792,309  

National Aluminium Co. Ltd.

     7,082,497        8,290,081  

Nava Ltd.

     171,868        935,801  

NBCC India Ltd.

     1,096,887        772,723  

NCC Ltd.

     2,244,718        4,191,212  

Nippon Life India Asset Management Ltd.(a)

     941,413        3,717,868  

NLC India Ltd.

     1,287,307        2,091,997  

NOCIL Ltd.

     298,148      818,064  

Oil India Ltd.

     2,524,497        9,085,195  

Orient Cement Ltd.

     313,560        673,064  

Orient Electric Ltd.

     118,620        316,901  

PCBL Ltd.

     972,294        1,975,821  

Praj Industries Ltd.

     142,594        1,007,278  

Quess Corp. Ltd.(a)

     72,875        366,958  

Ratnamani Metals & Tubes Ltd.

     27,509        861,548  

Redington Ltd.

     3,873,341        7,220,426  

Saregama India Ltd.

     128,176        559,450  

Sharda Cropchem Ltd.

     59,105        298,973  

SKF India Ltd.

     19,839        1,221,189  

Sonata Software Ltd.

     289,507        3,687,812  

Sun TV Network Ltd.

     378,242        2,788,263  

Suven Pharmaceuticals Ltd.*

     94,418        638,256  

Symphony Ltd.

     67,087        710,890  

Tanla Platforms Ltd.

     62,939        786,422  

Torrent Power Ltd.

     494,365        4,396,472  

Transport Corp. of India Ltd.

     44,794        422,769  

Triveni Engineering & Industries Ltd.

     120,005        548,714  

TTK Prestige Ltd.

     91,263        860,743  

Usha Martin Ltd.

     491,483        2,034,794  

UTI Asset Management Co. Ltd.

     239,151        2,266,630  

V-Guard Industries Ltd.

     100,365        371,408  

Vaibhav Global Ltd.

     76,310        404,656  

Vardhman Textiles Ltd.

     1,075,050        4,830,791  

Vinati Organics Ltd.

     31,768        706,372  

Whirlpool of India Ltd.

     52,672        1,030,748  

Zensar Technologies Ltd.

     309,261        1,926,893  
     

 

 

 
Total India

 

     177,934,126  

Indonesia – 2.3%

 

Ace Hardware Indonesia Tbk PT

     10,288,000        499,256  

AKR Corporindo Tbk PT

     35,794,925        3,578,335  

Astra Agro Lestari Tbk PT

     2,451,100        1,189,469  

Bank BTPN Syariah Tbk PT

     5,645,200        695,833  

Bank Danamon Indonesia Tbk PT

     23,100        4,275  

Bank Tabungan Negara Persero Tbk PT

     12,990,300        1,025,439  

Bukit Asam Tbk PT

     62,799,700        11,377,493  

Ciputra Development Tbk PT

     21,760,300        1,436,138  

Cisarua Mountain Dairy Tbk PT

     4,943,800        1,269,938  

Dharma Satya Nusantara Tbk PT

     21,729,300        857,643  

Erajaya Swasembada Tbk PT

     42,546,000        1,244,309  

Harum Energy Tbk PT

     3,284,300        400,576  

Indika Energy Tbk PT

     8,755,600        1,246,349  

Indo Tambangraya Megah Tbk PT

     5,365,600        10,059,415  

Indocement Tunggal Prakarsa Tbk PT

     8,911,800        5,737,458  

Industri Jamu Dan Farmasi Sido Muncul Tbk PT

     19,446,370        742,372  

Japfa Comfeed Indonesia Tbk PT

     21,476,400        1,785,647  

Matahari Department Store Tbk PT

     10,979,200        1,704,955  

Mayora Indah Tbk PT

     4,483,900        739,822  

Medco Energi Internasional Tbk PT

     15,636,400        1,628,897  

Medikaloka Hermina Tbk PT

     6,872,300        582,511  

Mitra Keluarga Karyasehat Tbk PT

     4,469,400        780,808  

 

See Notes to Financial Statements.

 

WisdomTree Trust      47  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Pabrik Kertas Tjiwi Kimia Tbk PT

     818,000      $ 506,784  

Pakuwon Jati Tbk PT

     27,719,000        785,566  

Perusahaan Gas Negara Tbk PT

     92,966,100        8,271,005  

Perusahaan Perkebunan London Sumatra Indonesia Tbk PT

     21,209,100        1,392,898  

Puradelta Lestari Tbk PT

     1,179,300        13,353  

Sawit Sumbermas Sarana Tbk PT

     27,589,600        2,115,411  

Summarecon Agung Tbk PT

     14,281,100        531,325  

Surya Esa Perkasa Tbk PT

     9,557,200        491,619  

Timah Tbk PT

     17,327,300        885,705  

Triputra Agro Persada Tbk PT

     15,643,800        582,024  

XL Axiata Tbk PT

     7,864,100        1,211,036  
     

 

 

 
Total Indonesia

 

     65,373,664  

Malaysia – 2.9%

 

Alliance Bank Malaysia Bhd

     8,817,800        6,347,727  

Astro Malaysia Holdings Bhd

     142,800        13,990  

Bermaz Auto Bhd

     9,367,000        4,967,537  

British American Tobacco Malaysia Bhd

     6,900        13,638  

Bursa Malaysia Bhd

     52,850        75,866  

Carlsberg Brewery Malaysia Bhd, Class B

     644,800        2,746,606  

CTOS Digital Bhd

     2,366,600        705,658  

Dialog Group Bhd

     7,700,500        3,476,931  

Fraser & Neave Holdings Bhd

     2,700        14,549  

Frontken Corp. Bhd

     1,751,400        1,174,998  

Gamuda Bhd

     10,420,799        9,832,094  

Heineken Malaysia Bhd

     946,100        4,900,517  

Hibiscus Petroleum Bhd

     5,033,400        1,211,382  

IJM Corp. Bhd

     80,400        31,850  

Inari Amertron Bhd

     9,090,375        5,614,629  

Malaysia Building Society Bhd

     104,628        16,267  

Malaysian Pacific Industries Bhd

     600        3,509  

My EG Services Bhd

     8,476,643        1,435,266  

QL Resources Bhd

     2,061,600        2,397,388  

Scientex Bhd

     17,700        13,986  

SP Setia Bhd Group

     4,130,600        906,132  

Supermax Corp. Bhd

     6,137,026        1,084,869  

Ta Ann Holdings Bhd

     3,910,301        2,806,605  

TIME dotCom Bhd

     9,398,600        10,849,350  

TSH Resources Bhd

     4,413,800        930,656  

Unisem M Bhd

     1,628,400        1,130,629  

United Plantations Bhd

     1,829,500        6,483,761  

ViTrox Corp. Bhd

     1,200        1,902  

VS Industry Bhd

     49,650        10,786  

Westports Holdings Bhd

     5,651,100        3,887,557  

Yinson Holdings Bhd

     2,241,200        1,183,787  

YTL Corp. Bhd

     22,117,000        7,159,968  
     

 

 

 
Total Malaysia

 

     81,430,390  

Mexico – 4.4%

 

Alpek SAB de CV(b)

     4,099,847        3,529,287  

Banco del Bajio SA(a)

     7,971,035        25,139,824  

Bolsa Mexicana de Valores SAB de CV(b)

     3,817,314        7,184,990  

Corp. Inmobiliaria Vesta SAB de CV(b)

     2,735,217        9,048,400  

El Puerto de Liverpool SAB de CV, Class C1(b)

     734,208        3,865,276  

GCC SAB de CV(b)

     2,715      25,610  

Genomma Lab Internacional SAB de CV, Class B(b)

     3,815,353        2,944,091  

Gentera SAB de CV(b)

     2,661,332        3,133,231  

Grupo Aeroportuario del Centro Norte SAB de CV

     1,551,355        16,884,270  

Grupo Comercial Chedraui SA de CV(b)

     3,120        18,372  

Kimberly-Clark de Mexico SAB de CV, Class A

     7,438,960        14,853,521  

Megacable Holdings SAB de CV, Series CPO(b)

     1,621,261        3,578,650  

Promotora y Operadora de Infraestructura SAB de CV

     941,246        8,436,740  

Qualitas Controladora SAB de CV(b)

     1,516,974        11,430,661  

Regional SAB de CV(b)

     1,135,732        8,180,198  

TF Administradora Industrial S de Real de CV

     3,202,454        5,694,152  
     

 

 

 
Total Mexico

 

     123,947,273  

Philippines – 0.6%

 

Alliance Global Group, Inc.

     7,830,200        1,705,106  

Century Pacific Food, Inc.

     20,400        10,096  

DMCI Holdings, Inc.

     27,817,900        5,123,418  

GT Capital Holdings, Inc.

     192,650        1,940,938  

Megaworld Corp.

     144,000        5,141  

Metro Pacific Investments Corp.

     9,001,400        778,390  

Nickel Asia Corp.

     18,088,600        1,956,700  

Puregold Price Club, Inc.

     3,136,500        1,602,179  

Robinsons Land Corp.

     56,326        15,113  

Security Bank Corp.

     8,160        11,531  

Semirara Mining & Power Corp.

     6,408,100        3,952,960  

Wilcon Depot, Inc.

     10,500        4,083  
     

 

 

 
Total Philippines

 

     17,105,655  

Poland – 0.5%

 

Asseco Poland SA

     331,056        5,437,902  

CD Projekt SA(b)

     46,676        1,338,778  

Orange Polska SA

     2,340,528        4,005,394  

Warsaw Stock Exchange(b)

     327,769        2,806,842  
     

 

 

 
Total Poland

 

     13,588,916  

Saudi Arabia – 2.1%

 

Al Hammadi Holding

     208,161        2,891,703  

Al Moammar Information Systems Co.

     24,855        939,738  

Aldrees Petroleum & Transport Services Co.

     72,564        2,716,470  

AlKhorayef Water & Power Technologies Co.

     11,330        429,582  

Almunajem Foods Co.

     73,197        1,370,083  

Alujain Corp.*

     63,602        747,022  

Arabian Cement Co.

     300,777        2,658,550  

Arabian Centres Co. Ltd.

     1,017,554        5,399,172  

Arabian Contracting Services Co.

     34,988        1,929,240  

Arriyadh Development Co.

     264,933        1,497,575  

Astra Industrial Group

     126,520        2,968,646  

Ataa Educational Co.

     23,972        460,207  

BinDawood Holding Co.

     310,450        509,905  

City Cement Co.

     270,638        1,339,317  

Leejam Sports Co. JSC

     102,919        3,902,220  

Maharah Human Resources Co.

     98,799        1,746,557  

 

See Notes to Financial Statements.

 

48   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Middle East Paper Co.

     96,973      $ 840,332  

Najran Cement Co.

     93,208        304,194  

National Co. for Learning & Education

     18,414        471,342  

National Gas & Industrialization Co.

     87,226        1,467,547  

National Medical Care Co.

     25,030        820,885  

Northern Region Cement Co.

     290,213        852,737  

Qassim Cement Co.

     119,532        2,042,955  

Saudi Automotive Services Co.

     94,467        1,637,232  

Saudi Cement Co.

     425,207        5,918,171  

Saudi Ceramic Co.

     101,383        767,715  

Saudi Chemical Co. Holding

     629,682        768,959  

Saudi Industrial Services Co.

     92,251        643,220  

Southern Province Cement Co.

     207,781        2,443,211  

Theeb Rent A Car Co.

     38,068        636,421  

United Electronics Co.

     154,340        3,107,006  

United International Transportation Co.

     93,814        1,723,469  

Yanbu Cement Co.

     311,351        2,822,577  
     

 

 

 
Total Saudi Arabia

 

     58,773,960  

South Africa – 8.0%

 

AECI Ltd.

     750,559        4,501,904  

African Rainbow Minerals Ltd.

     1,047,142        9,454,037  

Afrimat Ltd.

     324,263        907,931  

Astral Foods Ltd.(b)

     315,529        2,294,525  

AVI Ltd.

     2,733,560        10,830,118  

Barloworld Ltd.

     792,225        3,651,752  

Dis-Chem Pharmacies Ltd.(a)

     718,333        904,427  

DRDGOLD Ltd.

     25,002        20,782  

Equites Property Fund Ltd.

     6,695,177        4,474,255  

Foschini Group Ltd.(b)

     1,205,152        6,325,970  

Growthpoint Properties Ltd.

     45,077,173        25,243,064  

Hyprop Investments Ltd.

     3,833,524        6,501,326  

Investec Ltd.

     1,688,008        9,759,219  

JSE Ltd.

     399,009        1,954,444  

KAP Ltd.*

     15,227,751        1,939,903  

Life Healthcare Group Holdings Ltd.

     3,149,924        3,387,446  

Momentum Metropolitan Holdings

     7,265,965        7,621,021  

Motus Holdings Ltd.

     1,446,691        7,219,863  

Mr Price Group Ltd.(b)

     1,016,431        7,496,687  

Netcare Ltd.

     5,005,395        3,586,783  

Old Mutual Ltd.

     31,359,311        20,074,593  

Omnia Holdings Ltd.

     271,819        812,886  

OUTsurance Group Ltd.(b)

     1,824,931        4,142,067  

Pick n Pay Stores Ltd.(b)

     1,147,773        2,254,191  

PSG Financial Services Ltd.

     3,544,354        2,464,571  

Redefine Properties Ltd.

     64,649,992        12,182,313  

Resilient REIT Ltd.(b)

     2,770,911        5,752,324  

Reunert Ltd.

     863,561        2,757,616  

Santam Ltd.(b)

     335,933        5,384,015  

Super Group Ltd.

     777,670        1,365,506  

Thungela Resources Ltd.(b)

     2,487,624        22,929,388  

Tiger Brands Ltd.(b)

     684,074        5,571,895  

Truworths International Ltd.(b)

     5,290,950        21,484,637  
     

 

 

 
Total South Africa

 

     225,251,459  

South Korea – 10.3%

 

Aekyung Chemical Co. Ltd.

     130,897      1,272,691  

AfreecaTV Co. Ltd.

     57        3,552  

Ahnlab, Inc.

     81        3,854  

AJ Networks Co. Ltd.

     202,137        629,899  

APTC Co. Ltd.*

     193,708        2,338,449  

Asia Paper Manufacturing Co. Ltd.

     19,863        565,243  

BGF Retail Co. Ltd.

     117        12,225  

BH Co. Ltd.

     390        6,026  

BNK Financial Group, Inc.

     2,479,086        12,584,659  

Caregen Co. Ltd.(b)

     71,980        2,059,010  

Cheil Worldwide, Inc.

     462,452        6,871,323  

Chong Kun Dang Pharmaceutical Corp.

     9,055        629,435  

CJ Corp.

     47,283        3,146,594  

Com2uS Corp.

     15,219        504,142  

COWELL FASHION Co. Ltd.

     37,588        199,444  

CS Wind Corp.

     29,522        1,192,344  

Cuckoo Homesys Co. Ltd.

     19,592        301,996  

Daeduck Electronics Co. Ltd.

     654        12,698  

Daesang Corp.

     90,705        1,256,319  

Daishin Securities Co. Ltd.

     185,669        2,003,365  

DB HiTek Co. Ltd.

     17,482        632,223  

DGB Financial Group, Inc.

     1,411,900        8,234,514  

DL E&C Co. Ltd.

     112,587        2,598,996  

DL Holdings Co. Ltd.

     41,860        1,318,401  

DN Automotive Corp.

     240        14,229  

DongKook Pharmaceutical Co. Ltd.

     162        1,789  

Dongkuk Holdings Co. Ltd.

     48,163        380,122  

Dongsuh Cos., Inc.

     74,803        932,404  

Dongsung Finetec Co. Ltd.

     693        6,265  

Dongwon Systems Corp.

     8,255        183,526  

Doosan Bobcat, Inc.

     197,695        7,471,799  

DoubleUGames Co. Ltd.

     54        1,601  

Dreamtech Co. Ltd.

     198,192        2,067,988  

E-MART, Inc.

     50,438        2,631,418  

Echo Marketing, Inc.

     585        4,695  

Eo Technics Co. Ltd.(b)

     29,284        3,040,380  

Fila Holdings Corp.

     161,635        4,324,161  

GOLFZON Co. Ltd.

     87        6,060  

Green Cross Corp.

     11,612        935,397  

Green Cross Holdings Corp.

     5,064        52,314  

GS Engineering & Construction Corp.

     449,653        4,675,138  

GS Holdings Corp.

     508,800        15,044,553  

GS Retail Co. Ltd.

     214,442        3,758,377  

HAESUNG DS Co. Ltd.

     207        8,621  

Hana Materials, Inc.

     117        4,309  

Handsome Co. Ltd.

     168        2,318  

Hanjin Transportation Co. Ltd.

     174        2,637  

Hankook & Co. Co. Ltd.

     132,849        1,090,831  

Hanmi Science Co. Ltd.

     32,742        799,503  

Hanmi Semiconductor Co. Ltd.

     84,698        3,307,829  

Hansae Co. Ltd.

     108,792        1,588,263  

Hansol Chemical Co. Ltd.

     13,488        1,677,254  

Hansol Paper Co. Ltd.

     711        5,506  

 

See Notes to Financial Statements.

 

WisdomTree Trust      49  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Hanwha Aerospace Co. Ltd.

     34,926      $ 2,707,321  

Hanwha Corp.

     62,404        1,107,585  

Hanwha Systems Co. Ltd.

     132,716        1,206,777  

Harim Holdings Co. Ltd.

     189,226        987,217  

HD Hyundai Construction Equipment Co. Ltd.

     48,919        2,646,426  

HDC Holdings Co. Ltd.

     43,344        203,004  

Hite Jinro Co. Ltd.

     107,176        1,500,337  

HK inno N Corp.

     30,998        967,108  

HL Holdings Corp.

     25,974        677,549  

HL Mando Co. Ltd.

     79,270        2,467,274  

Hotel Shilla Co. Ltd.

     22,768        1,429,116  

Hyosung Advanced Materials Corp.

     8,068        2,346,739  

Hyosung Corp.

     74,471        3,416,152  

Hyundai Autoever Corp.

     7,413        1,025,097  

Hyundai Department Store Co. Ltd.

     36,887        1,738,560  

Hyundai Elevator Co. Ltd.(b)

     155,167        5,036,546  

Hyundai GF Holdings

     136,020        346,249  

Hyundai Marine & Fire Insurance Co. Ltd.

     388,366        9,339,319  

Hyundai Steel Co.

     261,241        7,366,400  

Hyundai Wia Corp.

     150        7,081  

iMarketKorea, Inc.

     25,604        168,113  

Innocean Worldwide, Inc.

     237        7,728  

JB Financial Group Co. Ltd.

     1,388,405        10,247,898  

Jusung Engineering Co. Ltd.

     80,923        1,613,183  

JYP Entertainment Corp.

     42,660        3,550,258  

K Car Co. Ltd.(b)

     96,699        774,653  

KCC Glass Corp.

     29,153        884,701  

KEPCO Engineering & Construction Co., Inc.

     9,481        451,777  

KEPCO Plant Service & Engineering Co. Ltd.

     675        16,407  

KG Dongbusteel

     36,777        215,309  

Kginicis Co. Ltd.

     67,608        537,096  

KIWOOM Securities Co. Ltd.

     63,750        4,459,760  

Koentec Co. Ltd.

     1,695        8,931  

Koh Young Technology, Inc.

     495        4,541  

Kolmar BNH Co. Ltd.

     50,151        616,574  

Kolmar Korea Co. Ltd.

     30,612        1,159,236  

Kolon Global Corp.

     51,327        438,566  

Kolon Industries, Inc.

     48,877        1,657,124  

Korea Aerospace Industries Ltd.

     570        20,614  

Korean Reinsurance Co.

     670,383        4,093,639  

KT Skylife Co. Ltd.

     95,256        422,842  

Kukdo Chemical Co. Ltd.

     35,608        1,372,177  

Kumho Petrochemical Co. Ltd.

     121,585        12,082,813  

LEENO Industrial, Inc.

     123        14,019  

LF Corp.

     71,146        752,901  

LG HelloVision Co. Ltd.

     171,052        479,159  

LIG Nex1 Co. Ltd.

     231        15,047  

Lotte Chilsung Beverage Co. Ltd.

     57        5,293  

Lotte Data Communication Co.

     16,699        306,903  

LOTTE Fine Chemical Co. Ltd.

     65,384        2,834,566  

Lotte Rental Co. Ltd.

     42,451        846,252  

Lotte Shopping Co. Ltd.

     40,799        2,161,797  

LS Corp.

     65,395        4,923,768  

LS Electric Co. Ltd.

     5,877        406,782  

LX International Corp.

     192,848      4,080,191  

LX Semicon Co. Ltd.(b)

     71,632        4,400,691  

Mcnex Co. Ltd.

     30,983        603,863  

MegaStudyEdu Co. Ltd.

     153        5,749  

Meritz Financial Group, Inc.

     178,512        7,302,403  

Mirae Asset Securities Co. Ltd.

     1,358,567        6,493,817  

Nasmedia Co. Ltd.

     35,692        491,446  

NICE Holdings Co. Ltd.

     366        3,526  

NICE Information Service Co. Ltd.

     67,711        495,765  

NongShim Co. Ltd.

     1,520        532,800  

OCI Holdings Co. Ltd.

     27,667        1,999,061  

Orion Holdings Corp.

     35,510        402,099  

Pan Ocean Co. Ltd.

     499,179        1,834,836  

Partron Co. Ltd.

     174,349        1,018,134  

PI Advanced Materials Co. Ltd.

     57,096        1,150,890  

Poongsan Corp.

     75,492        1,890,936  

Posco DX Co. Ltd.(b)

     116,577        4,682,432  

Posco International Corp.(b)

     136,902        7,243,814  

PSK, Inc.(b)

     92,373        1,319,125  

S-1 Corp.

     78,518        3,293,404  

Samjin Pharmaceutical Co. Ltd.

     471        7,731  

SAMPYO Cement Co. Ltd.

     356,617        864,190  

Samyang Foods Co. Ltd.

     13,507        2,021,946  

SD Biosensor, Inc.

     210,415        1,772,950  

SeAH Besteel Holdings Corp.

     140,822        2,567,231  

SeAH Steel Corp.

     6,108        626,009  

Seegene, Inc.(b)

     140,477        2,222,606  

Seoul Semiconductor Co. Ltd.

     312,246        2,436,602  

SFA Engineering Corp.(b)

     77,308        1,816,114  

SGC Energy Co. Ltd.

     183        3,485  

Shinsegae International, Inc.(b)

     33,223        461,143  

Shinsegae, Inc.

     10,214        1,438,922  

SIMMTECH Co. Ltd.

     246        6,991  

SK Chemicals Co. Ltd.

     48,779        2,280,980  

SK Discovery Co. Ltd.

     124,664        3,773,918  

SK Networks Co. Ltd.

     2,433        10,998  

SKC Co. Ltd.

     28,958        1,628,807  

SL Corp.

     363        8,770  

SNT Motiv Co. Ltd.

     222        7,173  

Soulbrain Co. Ltd.

     5,855        995,793  

SSANGYONG C&E Co. Ltd.

     730,839        2,973,400  

ST Pharm Co. Ltd.

     8,830        499,935  

TES Co. Ltd.

     438        6,557  

TKG Huchems Co. Ltd.

     681        10,649  

Tokai Carbon Korea Co. Ltd.

     11,553        810,782  

Unid Co. Ltd.

     86        3,926  

Vieworks Co. Ltd.

     11,284        259,647  

Wemade Co. Ltd.(b)

     6,816        186,387  

Youlchon Chemical Co. Ltd.

     327        6,725  

Youngone Corp.

     49,005        1,755,885  

Youngone Holdings Co. Ltd.

     20,807        1,241,265  
     

 

 

 
Total South Korea

 

     288,421,472  

 

See Notes to Financial Statements.

 

50   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Taiwan – 31.2%

 

AcBel Polytech, Inc.

     15,991      $ 21,648  

Acer, Inc.

     21,296,000        23,947,733  

Alltek Technology Corp.(b)

     1,822,240        1,961,644  

AP Memory Technology Corp.

     569,000        6,751,042  

Arcadyan Technology Corp.

     1,144,681        5,726,862  

Asia Optical Co., Inc.

     1,237,000        2,414,182  

Asia Vital Components Co. Ltd.

     661,018        6,982,765  

Bank of Kaohsiung Co. Ltd.*

     1,841,010        684,380  

BenQ Materials Corp.

     1,200,000        1,295,519  

BES Engineering Corp.

     10,885,000        3,658,625  

Capital Securities Corp.

     13,197,340        5,968,965  

Chang Wah Electromaterials, Inc.

     2,592,000        2,493,196  

Charoen Pokphand Enterprise

     9,100        26,527  

Chenbro Micom Co. Ltd.

     60,000        404,269  

Cheng Loong Corp.

     4,962,000        4,403,937  

Cheng Uei Precision Industry Co. Ltd.

     12,000        15,204  

Chicony Electronics Co. Ltd.

     5,437,652        19,455,981  

Chicony Power Technology Co. Ltd.

     2,133,625        7,568,038  

Chin-Poon Industrial Co. Ltd.

     2,493,000        3,031,250  

China Bills Finance Corp.

     30,000        13,336  

China Chemical & Pharmaceutical Co. Ltd.

     399,000        284,289  

China General Plastics Corp.

     3,331,000        2,569,412  

China Steel Chemical Corp.

     519,726        1,819,335  

China Steel Structure Co. Ltd.

     3,000        5,028  

ChipMOS Technologies, Inc.

     4,132,000        4,787,311  

Chong Hong Construction Co. Ltd.

     1,379,000        3,165,499  

Chroma ATE, Inc.

     1,675,132        14,322,468  

Chun Yuan Steel Industry Co. Ltd.

     2,609,000        1,369,946  

Chung Hung Steel Corp.

     6,345,000        4,432,390  

Chung Hwa Pulp Corp.

     1,069,000        748,421  

Chung-Hsin Electric & Machinery Manufacturing Corp.

     1,976,000        6,580,443  

Cleanaway Co. Ltd.

     3,161        17,283  

Compeq Manufacturing Co. Ltd.

     4,885,000        8,020,477  

Continental Holdings Corp.

     2,723,000        2,260,696  

CTCI Corp.(b)

     2,898,190        3,541,878  

DA CIN Construction Co. Ltd.

     15,000        15,427  

Darfon Electronics Corp.

     1,103,000        1,474,403  

Daxin Materials Corp.

     41,000        135,902  

Depo Auto Parts Ind Co. Ltd.

     210,000        871,734  

Edom Technology Co. Ltd.

     2,720,000        1,938,012  

Elan Microelectronics Corp.(b)

     1,702,409        7,040,523  

Elite Material Co. Ltd.

     1,385,163        18,365,569  

Elite Semiconductor Microelectronics Technology, Inc.

     2,118,000        5,084,958  

Ennoconn Corp.(b)

     573,243        4,670,402  

Ennostar, Inc.*

     2,436,000        3,312,848  

Eternal Materials Co. Ltd.

     5,236,319        4,598,741  

Evergreen International Storage & Transport Corp.

     555,000        490,861  

Everlight Chemical Industrial Corp.

     1,389,000        832,613  

Everlight Electronics Co. Ltd.

     2,969,165        4,313,869  

Far Eastern Department Stores Ltd.

     3,364,841        2,460,007  

Far Eastern International Bank

     16,171,017      5,836,104  

Faraday Technology Corp.

     288,000        2,730,069  

Farglory F T Z Investment Holding Co. Ltd.

     3,300        5,142  

Farglory Land Development Co. Ltd.

     2,446,640        4,380,843  

Feng Hsin Steel Co. Ltd.

     1,624,950        3,382,743  

FLEXium Interconnect, Inc.

     1,689,028        4,604,466  

Flytech Technology Co. Ltd.

     6,000        12,193  

Formosa Advanced Technologies Co. Ltd.

     1,532,000        1,829,544  

Formosa International Hotels Corp.

     412,000        2,731,308  

Formosan Union Chemical

     2,898,000        1,898,753  

Fortune Electric Co. Ltd.

     245,000        2,056,815  

Foxsemicon Integrated Technology, Inc.

     743,197        4,270,784  

Froch Enterprise Co. Ltd.(b)

     1,182,000        666,421  

Fu Hua Innovation Co. Ltd.

     22,476        19,739  

Fusheng Precision Co. Ltd.

     507,000        3,196,187  

Gemtek Technology Corp.

     2,853,000        3,221,507  

Genius Electronic Optical Co. Ltd.

     31,280        356,594  

Getac Holdings Corp.

     2,370,292        5,698,011  

Giant Manufacturing Co. Ltd.

     1,049,051        5,800,889  

Gigabyte Technology Co. Ltd.(b)

     4,256,000        37,114,171  

Global Brands Manufacture Ltd.

     1,747,400        3,356,169  

Global Mixed Mode Technology, Inc.

     989,000        7,996,438  

Global PMX Co. Ltd.

     172,000        724,648  

Global Unichip Corp.

     62,000        2,621,707  

Gold Circuit Electronics Ltd.

     523,700        3,561,040  

Goldsun Building Materials Co. Ltd.

     7,814,000        6,063,744  

Grape King Bio Ltd.

     460,988        2,227,789  

Great Wall Enterprise Co. Ltd.

     3,019,259        5,032,020  

Greatek Electronics, Inc.

     3,406,000        5,845,399  

Highwealth Construction Corp.

     10,237,316        12,511,024  

Hiwin Technologies Corp.

     737,000        4,646,133  

Ho Tung Chemical Corp.

     30,000        7,760  

Holtek Semiconductor, Inc.

     1,563,773        2,998,638  

Holy Stone Enterprise Co. Ltd.

     977,900        2,965,766  

Hota Industrial Manufacturing Co. Ltd.

     3,146        6,228  

Hsin Kuang Steel Co. Ltd.

     1,860,000        2,693,732  

Huaku Development Co. Ltd.

     1,793,296        4,988,708  

Huang Hsiang Construction Corp.

     9,000        10,901  

Hung Sheng Construction Ltd.

     1,796,000        1,059,891  

Inventec Corp.(b)

     12,991,000        19,719,614  

ITE Technology, Inc.

     1,202,000        5,846,068  

ITEQ Corp.(b)

     1,373,000        3,879,048  

Jentech Precision Industrial Co. Ltd.

     122,094        2,356,363  

Kenda Rubber Industrial Co. Ltd.

     1,673,715        1,526,956  

Kerry TJ Logistics Co. Ltd.

     6,000        6,868  

Kindom Development Co. Ltd.

     4,086,200        4,196,265  

King Slide Works Co. Ltd.

     106,004        2,719,020  

King Yuan Electronics Co. Ltd.

     11,994,000        28,238,224  

King’s Town Bank Co. Ltd.(b)

     4,072,000        4,679,952  

Kinik Co.

     53,495        256,036  

Kinpo Electronics(b)

     1,886,000        899,751  

Kinsus Interconnect Technology Corp.

     421,000        1,415,049  

KMC Kuei Meng International, Inc.

     356,000        1,422,655  

KS Terminals, Inc.(b)

     199,000        445,092  

 

See Notes to Financial Statements.

 

WisdomTree Trust      51  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Kung Long Batteries Industrial Co. Ltd.

     3,000      $ 12,221  

L&K Engineering Co. Ltd.

     1,548,000        5,634,671  

Lealea Enterprise Co. Ltd.*(b)

     4,289,080        1,395,125  

Lelon Electronics Corp.

     1,103,000        2,005,734  

Lian Hwa Food Corp.

     578,802        1,581,461  

Lien Hwa Industrial Holdings Corp.

     3,103,517        5,999,271  

Longchen Paper & Packaging Co. Ltd.(b)

     3,764,627        1,714,348  

Lotes Co. Ltd.

     248,390        6,332,770  

Lotus Pharmaceutical Co. Ltd.

     560,000        4,137,482  

Macronix International Co. Ltd.

     12,367,000        12,125,449  

Makalot Industrial Co. Ltd.

     688,881        7,170,398  

Marketech International Corp.

     204,000        872,105  

Merida Industry Co. Ltd.

     597,043        3,236,707  

Mirle Automation Corp.

     1,153,560        1,361,523  

Namchow Holdings Co. Ltd.

     669,000        1,024,831  

Nichidenbo Corp.

     1,732,000        3,192,454  

Nien Made Enterprise Co. Ltd.

     834,000        8,009,170  

Nuvoton Technology Corp.

     1,276,872        4,944,440  

O-Bank Co. Ltd.(b)

     4,544,000        1,338,686  

Oriental Union Chemical Corp.

     2,323,000        1,374,492  

Pan Jit International, Inc.

     1,253,000        2,484,224  

Pan-International Industrial Corp.

     1,021,000        1,171,855  

Pou Chen Corp.

     10,331,000        9,169,101  

Powertech Technology, Inc.(b)

     6,609,000        20,780,766  

President Securities Corp.

     5,284,520        3,069,492  

Primax Electronics Ltd.

     2,305,000        4,941,249  

Promate Electronic Co. Ltd.

     1,817,000        2,659,601  

Qisda Corp.

     10,253,000        14,181,827  

Raydium Semiconductor Corp.

     548,000        6,026,549  

Ruentex Industries Ltd.(b)

     4,784,000        8,714,214  

Run Long Construction Co. Ltd.

     479,000        1,363,675  

San Fu Chemical Co. Ltd.(b)

     451,000        1,886,123  

Sanyang Motor Co. Ltd.(b)

     2,287,000        5,504,868  

ScinoPharm Taiwan Ltd.(b)

     776,000        661,080  

SDI Corp.

     3,000        9,898  

Sercomm Corp.

     6,488        24,722  

Sesoda Corp.

     803,000        773,634  

Sheng Yu Steel Co. Ltd.

     2,212,000        1,651,437  

Shin Zu Shing Co. Ltd.

     6,000        14,907  

Shinkong Insurance Co. Ltd.

     1,209,000        2,262,158  

Shiny Chemical Industrial Co. Ltd.

     3,637        14,703  

Sigurd Microelectronics Corp.(b)

     2,920,000        5,192,237  

Sinbon Electronics Co. Ltd.(b)

     484,120        4,851,623  

Sincere Navigation Corp.(b)

     1,052,000        773,997  

Sinon Corp.

     18,000        20,381  

Sitronix Technology Corp.

     579,000        4,995,322  

Sonix Technology Co. Ltd.

     1,378,000        1,989,275  

Standard Chemical & Pharmaceutical Co. Ltd.

     135,000        276,436  

Standard Foods Corp.

     9,896        11,542  

Stark Technology, Inc.

     6,000        21,375  

Sunny Friend Environmental Technology Co. Ltd.(b)

     833,961        2,932,252  

Sunonwealth Electric Machine Industry Co. Ltd.

     265,000      956,382  

Sunrex Technology Corp.

     3,000        4,391  

Supreme Electronics Co. Ltd.

     3,903,868        6,663,562  

Synnex Technology International Corp.(b)

     8,019,600        15,924,672  

Systex Corp.

     6,000        19,702  

T3EX Global Holdings Corp.(b)

     834,000        1,989,374  

TA Chen Stainless Pipe(b)

     5,810,800        6,633,354  

Ta Ya Electric Wire & Cable

     1,022,597        1,218,037  

Taichung Commercial Bank Co. Ltd.

     8,184,180        3,714,262  

Taiflex Scientific Co. Ltd.

     9,000        11,891  

Tainan Spinning Co. Ltd.

     4,207,000        1,915,797  

Taisun Enterprise Co. Ltd.

     9,000        6,231  

Taita Chemical Co. Ltd.(b)

     1,688,900        931,287  

Taiwan Business Bank

     37,588        15,370  

Taiwan Cogeneration Corp.

     782,223        1,001,996  

Taiwan Fertilizer Co. Ltd.

     2,758,000        5,032,332  

Taiwan Hon Chuan Enterprise Co. Ltd.

     640,692        2,093,927  

Taiwan Navigation Co. Ltd.(b)

     1,130,000        1,027,416  

Taiwan Paiho Ltd.

     1,191,000        1,999,727  

Taiwan PCB Techvest Co. Ltd.

     2,004,302        2,809,581  

Taiwan Sakura Corp.

     6,000        11,877  

Taiwan Secom Co. Ltd.

     1,109,000        3,658,819  

Taiwan Surface Mounting Technology Corp.

     790,000        2,251,514  

Taiwan-Asia Semiconductor Corp.

     1,987,000        2,920,746  

Teco Electric & Machinery Co. Ltd.

     5,644,000        9,091,805  

Test Research, Inc.

     6,115        11,518  

Thinking Electronic Industrial Co. Ltd.

     3,000        13,569  

Ton Yi Industrial Corp.

     4,580,000        2,341,042  

Tong Hsing Electronic Industries Ltd.

     1,222,214        5,641,483  

Tong Yang Industry Co. Ltd.

     482,685        1,170,807  

Topco Scientific Co. Ltd.(b)

     1,069,776        5,617,231  

Transcend Information, Inc.(b)

     1,919,479        4,316,977  

Tripod Technology Corp.

     2,315,928        13,810,695  

TSRC Corp.

     3,976,000        2,912,978  

Ttet Union Corp.

     157,000        688,202  

Tung Ho Steel Enterprise Corp.

     3,673,722        6,908,038  

TXC Corp.

     2,297,549        6,889,693  

U-Ming Marine Transport Corp.(b)

     2,232,420        3,309,159  

Union Bank of Taiwan

     2,955,050        1,217,520  

United Integrated Services Co. Ltd.(b)

     1,347,000        9,493,115  

Universal Cement Corp.

     2,911,790        2,349,782  

USI Corp.

     5,755,000        3,699,331  

Visual Photonics Epitaxy Co. Ltd.

     830,750        3,808,832  

Wah Lee Industrial Corp.

     1,141,580        3,292,424  

Walsin Technology Corp.(b)

     714,000        2,267,158  

Weikeng Industrial Co. Ltd.

     5,108,431        4,343,998  

Weltrend Semiconductor

     926,000        1,936,308  

Winbond Electronics Corp.(b)

     9,640,000        7,555,397  

Wistron Corp.(b)

     16,637,000        52,311,938  

Wistron NeWeb Corp.

     78,722        336,539  

WPG Holdings Ltd.

     7,654,058        14,368,920  

WT Microelectronics Co. Ltd.

     2,312,678        7,988,216  

YC INOX Co. Ltd.

     9,793        8,282  

 

See Notes to Financial Statements.

 

52   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2023

 

 

 

Investments    Shares      Value  

YFY, Inc.(b)

     5,430,000      $ 5,475,333  

Yieh Phui Enterprise Co. Ltd.

     3,016,000        1,424,823  

Yulon Motor Co. Ltd.

     1,748,496        4,495,753  
     

 

 

 
Total Taiwan

 

     876,895,801  

Thailand – 5.0%

 

Amata Corp. PCL, NVDR

     6,208,900        4,160,581  

Asian Sea Corp. PCL, NVDR

     1,481,800        295,037  

Asphere Innovations PCL, NVDR

     10,200        2,451  

Bangchak Corp. PCL, NVDR

     6,057,100        6,820,216  

Bangkok Chain Hospital PCL, NVDR

     15,271,500        8,262,233  

Banpu PCL, NVDR

     23,321,600        5,123,867  

Banpu Power PCL, NVDR

     5,380,000        2,024,195  

BCPG PCL, NVDR

     13,716,212        3,616,221  

Chularat Hospital PCL, NVDR

     67,892,000        6,078,350  

Com7 PCL, NVDR

     15,000        12,873  

Dynasty Ceramic PCL, NVDR

     52,004,600        2,427,952  

Eastern Polymer Group PCL, NVDR

     7,516,300        1,362,378  

Gunkul Engineering PCL, NVDR

     256,500        21,978  

Ichitan Group PCL, NVDR

     23,700        10,935  

IRPC PCL, NVDR

     66,085,100        3,738,697  

Jaymart Group Holdings PCL, NVDR

     2,330,200        1,459,075  

KCE Electronics PCL, NVDR(b)

     3,292,100        4,995,222  

Kiatnakin Phatra Bank PCL, NVDR

     24,600        37,326  

Mega Lifesciences PCL, NVDR

     3,039,000        3,713,986  

MK Restaurants Group PCL, NVDR

     1,008,800        1,253,641  

Northeast Rubber PCL, NVDR

     14,329,975        1,786,697  

Origin Property PCL, NVDR

     9,468,100        2,587,232  

Polyplex Thailand PCL, NVDR

     3,523,713        1,238,682  

Precious Shipping PCL, NVDR

     8,368,300        2,229,248  

Prima Marine PCL, NVDR

     17,122,500        3,221,123  

PTG Energy PCL, NVDR

     4,427,600        1,136,919  

Quality Houses PCL, NVDR

     375,600        23,106  

Rajthanee Hospital PCL, NVDR

     2,190,000        1,684,037  

Ratch Group PCL, NVDR

     4,874,500        4,216,869  

Regional Container Lines PCL, NVDR

     2,965,500        1,775,432  

Sansiri PCL, NVDR

     63,224,800        2,934,429  

Sino-Thai Engineering & Construction PCL, NVDR

     3,544,200        914,946  

Somboon Advance Technology PCL, NVDR

     4,499,700        2,249,078  

Star Petroleum Refining PCL, NVDR

     3,459,700        864,628  

Supalai PCL, NVDR

     12,280,300        6,778,827  

Synnex Thailand PCL, NVDR(b)

     2,276,700        769,060  

Thai Oil PCL, NVDR

     2,069,900        2,870,716  

Thai Union Group PCL, NVDR

     13,223,000        5,265,596  

Thai Vegetable Oil PCL, NVDR

     4,507,570        2,698,662  

Thaifoods Group PCL, NVDR

     10,496,900        1,078,157  

Thanachart Capital PCL, NVDR

     7,164,700        9,838,242  

Tisco Financial Group PCL, NVDR

     4,922,400        13,349,454  

TQM Alpha PCL, NVDR

     1,902,700        1,750,510  

TTW PCL, NVDR

     23,216,600        5,770,278  

WHA Corp. PCL, NVDR

     54,699,000        7,886,571  

Workpoint Entertainment PCL, NVDR

     7,500        2,966  
     

 

 

 
Total Thailand

 

     140,338,679  

Turkey – 2.5%

 

Aksa Akrilik Kimya Sanayii AS

     9,516      35,648  

Aksa Enerji Uretim AS

     589,614        884,797  

Alarko Holding AS

     255,932        1,155,731  

Alkim Alkali Kimya AS

     572,732        982,304  

Anadolu Efes Biracilik Ve Malt Sanayii AS

     932,609        3,595,724  

Arcelik AS(b)

     200,580        1,192,578  

Aygaz AS

     497,394        2,933,744  

Brisa Bridgestone Sabanci Sanayi ve Ticaret AS

     284,725        943,544  

Coca-Cola Icecek AS

     2,580        37,145  

Dogus Otomotiv Servis ve Ticaret AS

     52,237        509,699  

EGE Endustri VE Ticaret AS

     51        14,139  

Emlak Konut Gayrimenkul Yatirim Ortakligi AS

     10,133,340        2,986,591  

Enerjisa Enerji AS(a)

     21,126        39,878  

Haci Omer Sabanci Holding AS

     5,200,140        11,324,033  

Is Yatirim Menkul Degerler AS

     813,498        1,205,929  

Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D(b)

     5,033,073        5,423,198  

Kartonsan Karton Sanayi ve Ticaret AS

     143,295        493,418  

Koza Altin Isletmeleri AS

     3,458,847        3,631,064  

Nuh Cimento Sanayi AS

     313,817        4,097,993  

Otokar Otomotiv Ve Savunma Sanayi AS*

     2,236        29,762  

Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS

     1,372,711        2,001,860  

Selcuk Ecza Deposu Ticaret ve Sanayi AS

     699,129        1,688,212  

Tekfen Holding AS

     615,015        1,202,437  

Tofas Turk Otomobil Fabrikasi AS

     876,440        9,446,946  

Turk Traktor ve Ziraat Makineleri AS

     140,382        4,511,273  

Turkcell Iletisim Hizmetleri AS*

     2,559,882        4,976,900  

Turkiye Sise ve Cam Fabrikalari AS

     0        1  

Vestel Beyaz Esya Sanayi ve Ticaret AS

     3,893,827        2,391,831  

Yapi ve Kredi Bankasi AS

     2,947,215        1,984,519  
     

 

 

 
Total Turkey

 

     69,720,898  

TOTAL COMMON STOCKS

(Cost: $2,471,664,110)

 

 

     2,807,967,877  

WARRANTS – 0.0%

 

Thailand – 0.0%

 

Kiatnakin Phatra Bank PCL, expiring 3/17/24*

 

(Cost: $0)      2,050        33  

EXCHANGE-TRADED FUND – 0.1%

 

United States – 0.1%

 

WisdomTree Emerging Markets High Dividend Fund(c)

     
(Cost: $2,156,532)      55,985        2,098,318  

INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.3%

 

United States – 1.3%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(d)

     
(Cost: $37,066,141)      37,066,141        37,066,141  

TOTAL INVESTMENTS IN SECURITIES – 101.2%

(Cost: $2,510,886,783)

 

 

     2,847,132,369  

Other Assets less Liabilities – (1.2)%

 

     (34,207,382
     

 

 

 
NET ASSETS – 100.0%

 

   $ 2,812,924,987  

 

See Notes to Financial Statements.

 

WisdomTree Trust      53  


Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)

September 30, 2023

 

 

* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $27,384, which represents less than 0.01% of net assets.

 

 

Share amount represents a fractional share.

 

(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, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $183,706,823 and the total market value of the collateral held by the Fund was $198,491,709. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $161,425,568.

 

(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, 2023.

 

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, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/
(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree Emerging Markets High Dividend Fund

  $ 3,102,173     $ 46,923,705     $ 46,965,053     $ (462,401   $ (500,106   $ 2,098,318     $ 1,152,928  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

FAIR VALUATION SUMMARY  
     

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

   $ 177,906,742      $      $ 27,384 *     $ 177,934,126  

Other

     2,630,033,751                      2,630,033,751  

Warrants

     33                      33  

Exchange-Traded Fund

     2,098,318                      2,098,318  
Investment of Cash Collateral for Securities Loaned             37,066,141               37,066,141  

Total Investments in Securities

   $ 2,810,038,844      $ 37,066,141      $ 27,384      $ 2,847,132,369  

 

* 

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

See Notes to Financial Statements.

 

54   WisdomTree Trust


 

Schedule of Investments (unaudited)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.5%

 

Australia – 2.7%

 

Altium Ltd.

     8,986      $ 250,599  

Aristocrat Leisure Ltd.

     59,422        1,566,636  

Beach Energy Ltd.

     176,510        186,828  

Cochlear Ltd.

     6,071        1,000,401  

CSL Ltd.

     33,507        5,423,654  

Goodman Group

     216,509        2,997,313  

IDP Education Ltd.(a)

     16,382        226,049  

Northern Star Resources Ltd.

     164,922        1,113,369  

Pro Medicus Ltd.(a)

     2,393        128,791  

REA Group Ltd.(a)

     11,185        1,114,005  

Technology One Ltd.

     16,328        163,446  

Washington H Soul Pattinson & Co. Ltd.(a)

     55,193        1,160,907  

WiseTech Global Ltd.

     3,521        147,823  
     

 

 

 
Total Australia

 

     15,479,821  
Austria – 0.2%

 

Verbund AG

     11,483        936,745  
Belgium – 0.6%

 

Etablissements Franz Colruyt NV

     36,096        1,565,354  

UCB SA

     18,949        1,555,627  
     

 

 

 
Total Belgium

 

     3,120,981  
Brazil – 2.7%

 

Atacadao SA

     71,551        127,228  

BB Seguridade Participacoes SA

     482,061        3,005,899  

Energisa SA

     145,779        1,361,617  

Engie Brasil Energia SA

     149,130        1,234,407  

Equatorial Energia SA

     183,382        1,174,624  

Localiza Rent a Car SA

     120,371        1,408,320  

Lojas Renner SA

     196,981        527,361  

Porto Seguro SA

     115,713        607,787  

Raia Drogasil SA

     117,474        648,252  

Sendas Distribuidora SA

     52,284        127,023  

TOTVS SA

     29,087        156,907  

Transmissora Alianca de Energia Eletrica SA

     257,758        1,779,772  

Vamos Locacao de Caminhoes Maquinas e Equipamentos SA

     33,952        66,138  

Vibra Energia SA

     391,413        1,479,568  

WEG SA

     200,308        1,451,525  
     

 

 

 
Total Brazil

 

     15,156,428  
Canada – 4.3%

 

Alimentation Couche-Tard, Inc.

     44,502        2,270,524  

Canadian National Railway Co.

     76,554        8,328,645  

Canadian Pacific Kansas City Ltd.(a)

     41,994        3,135,883  

Constellation Software, Inc.(a)

     545        1,130,339  

Dollarama, Inc.

     3,898        269,804  

Enerplus Corp.(a)

     11,303        199,809  

FirstService Corp.(a)

     1,493        218,163  

Magna International, Inc.(a)

     62,875        3,385,112  

RB Global, Inc.(a)

     10,935        687,805  

Rogers Communications, Inc., Class B(a)

     82,508        3,182,539  

SNC-Lavalin Group, Inc.(a)

     4,029        135,025  

Tourmaline Oil Corp.(a)

     21,562        1,090,061  

Vermilion Energy, Inc.(a)

     9,663        142,015  
     

 

 

 
Total Canada

 

     24,175,724  
China – 5.5%

 

ANTA Sports Products Ltd.

     182,000      2,048,469  

Blue Moon Group Holdings Ltd.(b)

     404,000        134,119  

China Conch Venture Holdings Ltd.

     918,500        783,414  

China Feihe Ltd.(b)

     1,832,000        1,080,695  

Country Garden Services Holdings Co. Ltd.(a)

     586,000        604,567  

Fuyao Glass Industry Group Co. Ltd., Class H(b)

     231,600        1,061,619  

Kingsoft Corp. Ltd.

     62,600        227,001  

Li Ning Co. Ltd.

     225,400        948,298  

Nongfu Spring Co. Ltd., Class H(b)

     199,700        1,147,430  

Pop Mart International Group Ltd.(b)

     110,000        325,147  

Prosus NV*

     63,770        1,885,060  

Simcere Pharmaceutical Group Ltd.(b)

     113,000        92,341  

Smoore International Holdings Ltd.(a)(b)

     578,000        524,727  

Sunny Optical Technology Group Co. Ltd.

     95,800        669,096  

Tencent Holdings Ltd.

     403,700        15,783,364  

WuXi AppTec Co. Ltd., Class H(a)(b)

     37,140        444,579  

Yadea Group Holdings Ltd.(b)

     296,000        549,530  

Yihai International Holding Ltd.

     113,000        194,782  

Yum China Holdings, Inc.

     43,950        2,479,249  

Zhongsheng Group Holdings Ltd.

     165,800        466,798  
     

 

 

 
Total China

 

     31,450,285  
Denmark – 5.7%

 

Chr Hansen Holding AS

     12,827        787,482  

Coloplast AS, Class B

     25,874        2,746,394  

Novo Nordisk AS, Class B

     285,074        26,061,897  

Pandora AS

     22,230        2,309,102  

Royal Unibrew AS

     7,302        565,855  
     

 

 

 
Total Denmark

 

     32,470,730  
Finland – 1.0%

 

Kone Oyj, Class B

     109,743        4,638,321  

Valmet Oyj(a)

     54,308        1,245,420  
     

 

 

 
Total Finland

 

     5,883,741  
France – 8.3%

 

Bollore SE(a)

     214,854        1,157,856  

Gaztransport & Technigaz SA

     5,861        722,921  

Hermes International SCA

     3,692        6,761,624  

Kering SA

     18,741        8,569,775  

LVMH Moet Hennessy Louis Vuitton SE

     34,838        26,424,223  

Sartorius Stedim Biotech

     1,855        443,860  

Teleperformance SE

     4,173        527,529  

Verallia SA(b)

     30,026        1,185,132  

Vivendi SE

     195,728        1,719,156  
     

 

 

 
Total France

 

     47,512,076  
Germany – 4.9%

 

adidas AG

     32,678        5,764,691  

AIXTRON SE

     6,627        244,309  

Fielmann Group AG

     22,590        977,733  

Nemetschek SE

     5,016        307,383  

Puma SE

     14,507        903,126  

Rheinmetall AG

     5,542        1,431,106  

SAP SE

     138,619        18,025,416  

VERBIO Vereinigte BioEnergie AG

     1,023        41,277  
     

 

 

 
Total Germany

 

     27,695,041  

 

See Notes to Financial Statements.

 

WisdomTree Trust      55  


Schedule of Investments (unaudited) (continued)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

September 30, 2023

 

 

 

Investments    Shares      Value  
Hong Kong – 1.7%

 

Hong Kong Exchanges & Clearing Ltd.

     200,700      $ 7,498,206  

Techtronic Industries Co. Ltd.

     251,500        2,440,547  
     

 

 

 
Total Hong Kong               9,938,753  
India – 8.6%      

Aarti Industries Ltd.

     10,398        61,531  

ACC Ltd.

     20,954        507,756  

Adani Ports & Special Economic Zone Ltd.

     47,117        468,184  

Alkem Laboratories Ltd.

     3,255        141,342  

APL Apollo Tubes Ltd.

     4,610        90,211  

Asian Paints Ltd.

     27,168        1,034,178  

Astral Ltd.

     2,379        54,789  

Atul Ltd.

     480        40,725  

Bajaj Auto Ltd.

     28,183        1,718,547  

Balkrishna Industries Ltd.

     7,247        223,219  

Berger Paints India Ltd.

     13,653        93,526  

Berger Paints India Ltd.*

     2,731        18,705  

Bharat Petroleum Corp. Ltd.

     527,669        2,202,400  

Coforge Ltd.

     3,724        228,910  

Colgate-Palmolive India Ltd.

     34,842        841,478  

CRISIL Ltd.

     2,873        135,765  

Crompton Greaves Consumer Electricals Ltd.

     43,274        161,467  

Dabur India Ltd.

     74,094        492,168  

Deepak Nitrite Ltd.

     2,337        59,675  

Divi’s Laboratories Ltd.

     10,502        476,168  

Dr. Lal PathLabs Ltd.(b)

     2,070        62,925  

Eicher Motors Ltd.

     8,147        338,173  

Endurance Technologies Ltd.(b)

     2,858        54,779  

GlaxoSmithKline Pharmaceuticals Ltd.

     6,477        120,759  

Grindwell Norton Ltd.

     2,587        64,757  

Gujarat Gas Ltd.

     8,276        42,147  

Havells India Ltd.

     14,679        245,521  

HDFC Asset Management Co. Ltd.(b)

     18,400        586,613  

Hero MotoCorp Ltd.

     49,963        1,839,440  

Hindustan Unilever Ltd.

     122,989        3,651,699  

Indraprastha Gas Ltd.

     57,669        315,876  

Indus Towers Ltd.*

     467,863        1,080,058  

Info Edge India Ltd.

     2,750        137,938  

Infosys Ltd.

     755,284        13,055,830  

Ipca Laboratories Ltd.

     4,273        48,145  

JK Cement Ltd.

     2,075        79,447  

JSW Steel Ltd.

     264,172        2,480,075  

Jubilant Foodworks Ltd.

     10,804        69,359  

Kajaria Ceramics Ltd.

     8,421        134,071  

Kansai Nerolac Paints Ltd.

     12,246        46,814  

KPIT Technologies Ltd.

     5,944        82,480  

L&T Technology Services Ltd.(b)

     2,877        158,536  

Laurus Labs Ltd.(b)

     13,124        62,490  

LTIMindtree Ltd.(b)

     4,955        310,867  

Marico Ltd.

     100,621        680,551  

Mphasis Ltd.

     18,286        523,336  

Navin Fluorine International Ltd.

     840        38,102  

Nestle India Ltd.

     3,926        1,064,075  

Nippon Life India Asset Management Ltd.(b)

     74,093        292,611  

Oracle Financial Services Software Ltd.

     14,049        695,478  

Page Industries Ltd.

     397        186,347  

Persistent Systems Ltd.

     3,911        273,008  

PI Industries Ltd.

     1,495      62,165  

Pidilite Industries Ltd.

     10,014        294,181  

Polycab India Ltd.

     2,395        154,099  

Prestige Estates Projects Ltd.

     8,776        63,684  

Ramco Cements Ltd.

     6,585        72,177  

Relaxo Footwears Ltd.

     3,878        42,060  

SBI Cards & Payment Services Ltd.

     10,165        96,838  

Shree Cement Ltd.

     470        144,128  

Siemens Ltd.

     2,374        104,990  

SKF India Ltd.

     1,692        104,151  

Sun TV Network Ltd.

     27,613        203,553  

Sundram Fasteners Ltd.

     7,725        117,231  

Supreme Industries Ltd.

     8,416        417,703  

Tata Consultancy Services Ltd.

     140,238        5,959,012  

Tata Elxsi Ltd.

     1,535        133,592  

Tech Mahindra Ltd.

     89,164        1,312,959  

Titan Co. Ltd.

     12,108        459,117  

Torrent Pharmaceuticals Ltd.

     8,924        207,310  

Trident Ltd.

     137,811        62,482  

Tube Investments of India Ltd.

     1,404        50,524  

TVS Motor Co. Ltd.

     7,925        145,232  

UltraTech Cement Ltd.

     7,273        722,984  

Varun Beverages Ltd.

     9,156        104,271  

Voltas Ltd.

     16,100        167,376  

Whirlpool of India Ltd.

     2,364        46,262  
     

 

 

 
Total India

 

     49,121,132  
Indonesia – 0.1%

 

Indofood CBP Sukses Makmur Tbk PT

     543,300        389,327  

Mayora Indah Tbk PT

     356,100        58,755  

Sumber Alfaria Trijaya Tbk PT

     1,518,200        290,771  
     

 

 

 
Total Indonesia

 

     738,853  
Israel – 0.1%

 

Strauss Group Ltd.*

     19,134        402,432  
Italy – 1.6%

 

Amplifon SpA

     12,474        371,377  

Banca Generali SpA

     45,717        1,621,980  

Banca Mediolanum SpA

     279,091        2,394,041  

De’ Longhi SpA

     45,597        995,447  

Ferrari NV

     7,708        2,282,588  

Moncler SpA

     20,423        1,190,987  

Reply SpA

     1,162        109,555  
     

 

 

 
Total Italy

 

     8,965,975  
Japan – 3.0%

 

Asahi Intecc Co. Ltd.(a)

     11,000        198,144  

Astellas Pharma, Inc.

     285,100        3,962,455  

BayCurrent Consulting, Inc.

     6,400        214,356  

Benefit One, Inc.

     16,900        122,482  

Capcom Co. Ltd.

     19,900        718,120  

CyberAgent, Inc.(a)

     35,100        189,654  

Daifuku Co. Ltd.

     34,000        644,684  

Daito Trust Construction Co. Ltd.

     14,800        1,562,071  

Fancl Corp.

     11,300        172,955  

Goldwin, Inc.(a)

     2,800        190,263  

Hoya Corp.

     16,100        1,653,426  

Information Services International-Dentsu Ltd.

     4,300        164,825  

 

See Notes to Financial Statements.

 

56   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

September 30, 2023

 

 

 

Investments

   Shares      Value  

Kakaku.com, Inc.(a)

     19,500      $ 198,234  

Kobe Bussan Co. Ltd.(a)

     10,900        256,092  

Koei Tecmo Holdings Co. Ltd.

     41,000        583,987  

M3, Inc.

     15,400        280,291  

MonotaRO Co. Ltd.(a)

     17,900        191,985  

Nexon Co. Ltd.

     18,300        327,861  

Nihon M&A Center Holdings, Inc.

     22,400        108,003  

Nomura Research Institute Ltd.

     39,700        1,035,698  

Obic Co. Ltd.

     4,900        744,892  

Open House Group Co. Ltd.

     18,700        635,844  

Persol Holdings Co. Ltd.

     202,000        329,481  

Recruit Holdings Co. Ltd.

     48,600        1,501,072  

Relo Group, Inc.

     13,000        140,999  

TechnoPro Holdings, Inc.

     14,300        311,730  

Workman Co. Ltd.(a)

     6,400        194,927  

ZOZO, Inc.(a)

     34,552        635,007  
     

 

 

 
Total Japan

 

     17,269,538  
Malaysia – 0.3%

 

CELCOMDIGI Bhd

     1,417,800        1,319,586  

MR DIY Group M Bhd(b)

     332,800        107,029  

Nestle Malaysia Bhd

     13,000        350,248  
     

 

 

 
Total Malaysia

 

     1,776,863  
Mexico – 0.3%

 

Kimberly-Clark de Mexico SAB de CV, Class A

     877,317        1,751,756  
Netherlands – 5.9%

 

ASM International NV

     2,535        1,066,863  

ASML Holding NV

     25,199        14,916,476  

BE Semiconductor Industries NV(a)

     32,197        3,170,237  

Koninklijke KPN NV

     1,189,938        3,929,463  

SBM Offshore NV

     78,907        1,038,437  

Universal Music Group NV(a)

     248,350        6,502,520  

Wolters Kluwer NV

     24,274        2,946,516  
     

 

 

 
Total Netherlands

 

     33,570,512  
Norway – 0.4%

 

Salmar ASA

     40,128        2,049,231  

TOMRA Systems ASA

     15,860        182,062  
     

 

 

 
Total Norway

 

     2,231,293  
Russia – 0.0%

 

Evraz PLC*

     243,480        0  

LUKOIL PJSC*

     68,533        0  

LUKOIL PJSC, ADR*

     2,107        0  

Magnitogorsk Iron & Steel Works PJSC, GDR*(c)

     54,588        0  

MMC Norilsk Nickel PJSC*

     16,209        0  

MMC Norilsk Nickel PJSC, ADR*

     12        0  

Novatek PJSC*

     97,470        0  

PhosAgro PJSC*

     8,504        0  

PhosAgro PJSC, GDR*(c)

     166        0  
     

 

 

 
Total Russia

 

     0  
Saudi Arabia – 0.1%

 

Bupa Arabia for Cooperative Insurance Co.

     6,703        371,748  

Mouwasat Medical Services Co.

     11,890        326,540  
     

 

 

 
Total Saudi Arabia

 

     698,288  
Singapore – 0.5%

 

Singapore Technologies Engineering Ltd.

     900,200      2,578,784  
South Africa – 0.4%

 

Mr Price Group Ltd.(a)

     121,869        898,845  

Naspers Ltd., Class N

     6,462        1,037,777  

OUTsurance Group Ltd.(a)

     206,423        468,521  
     

 

 

 
Total South Africa

 

     2,405,143  
South Korea – 0.1%

 

Celltrion, Inc.

     4,839        499,177  
Spain – 0.2%

 

CIE Automotive SA

     21,145        574,010  

Viscofan SA(a)

     8,532        522,122  
     

 

 

 
Total Spain

 

     1,096,132  
Sweden – 4.0%

 

Alfa Laval AB

     49,835        1,723,826  

Atlas Copco AB, Class A

     339,145        4,596,666  

Atlas Copco AB, Class B

     174,795        2,062,620  

Beijer Ref AB(a)

     16,062        170,759  

Essity AB, Class B

     111,034        2,410,939  

Evolution AB(b)

     20,872        2,125,585  

Husqvarna AB, Class B(a)

     122,120        941,287  

Investment AB Latour, Class B(a)

     62,360        1,106,376  

Nibe Industrier AB, Class B

     51,170        338,175  

Nordnet AB publ

     64,335        855,100  

Sandvik AB

     203,979        3,785,108  

Telefonaktiebolaget LM Ericsson, Class B(a)

     562,880        2,763,056  
     

 

 

 
Total Sweden

 

     22,879,497  
Switzerland – 10.2%

 

ABB Ltd., Registered Shares

     360,016        12,908,313  

Givaudan SA, Registered Shares

     1,192        3,901,233  

Logitech International SA, Registered Shares

     19,319        1,336,365  

Lonza Group AG, Registered Shares

     2,411        1,121,689  

Nestle SA, Registered Shares

     193,819        21,979,430  

Partners Group Holding AG

     6,026        6,814,492  

Schindler Holding AG, Participation Certificate

     4,276        855,387  

Schindler Holding AG, Registered Shares

     11,638        2,249,233  

Sika AG, Registered Shares

     11,926        3,038,862  

Sonova Holding AG, Registered Shares

     6,958        1,655,834  

Stadler Rail AG(a)

     19,090        746,238  

Straumann Holding AG, Registered Shares

     5,787        741,404  

Temenos AG, Registered Shares

     6,034        424,913  
     

 

 

 
Total Switzerland

 

     57,773,393  
Taiwan – 9.2%

 

Accton Technology Corp.

     121,000        1,847,958  

Global Unichip Corp.

     8,000        338,285  

Lotes Co. Ltd.

     15,337        391,021  

momo.com, Inc.

     21,032        327,073  

Nan Ya Printed Circuit Board Corp.

     122,000        1,007,202  

Taiwan Cement Corp.

     1,739,000        1,791,228  

Taiwan Semiconductor Manufacturing Co. Ltd.

     2,788,000        45,170,428  

Voltronic Power Technology Corp.

     11,000        540,109  

Wiwynn Corp.

     26,000        1,204,133  
     

 

 

 
Total Taiwan

 

     52,617,437  

 

See Notes to Financial Statements.

 

WisdomTree Trust      57  


Schedule of Investments (unaudited) (continued)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

September 30, 2023

 

 

 

Investments

   Shares      Value  
Thailand – 0.3%

 

Carabao Group PCL, NVDR

     112,400      $ 253,122  

CP ALL PCL, NVDR

     702,000        1,166,385  

CP Axtra PCL, NVDR

     221,400        196,091  

Delta Electronics Thailand PCL, NVDR

     107,900        245,210  

Energy Absolute PCL, NVDR

     65,300        91,460  
     

 

 

 
Total Thailand

 

     1,952,268  
Turkey – 0.8%

 

Aksa Enerji Uretim AS

     32,947        49,441  

Arcelik AS

     60,259        358,279  

Aselsan Elektronik Sanayi Ve Ticaret AS

     81,424        121,178  

BIM Birlesik Magazalar AS

     116,617        1,168,510  

Ford Otomotiv Sanayi AS

     35,203        1,085,046  

Iskenderun Demir ve Celik AS*

     185,343        281,378  

Tofas Turk Otomobil Fabrikasi AS

     87,434        942,431  

Turkcell Iletisim Hizmetleri AS*

     280,419        545,188  
     

 

 

 
Total Turkey

 

     4,551,451  
United Kingdom – 11.4%

 

Airtel Africa PLC(b)

     721,478        1,106,033  

Ashtead Group PLC

     42,160        2,573,948  

Auto Trader Group PLC(b)

     79,094        596,220  

Compass Group PLC

     128,583        3,138,839  

Diageo PLC

     265,537        9,833,227  

Drax Group PLC

     85,370        457,222  

Games Workshop Group PLC

     9,101        1,174,139  

Hargreaves Lansdown PLC

     121,705        1,148,565  

Imperial Brands PLC

     395,019        8,037,279  

Intertek Group PLC

     26,360        1,322,982  

RELX PLC

     258,909        8,769,313  

Rightmove PLC

     82,831        568,381  

Rotork PLC

     140,732        536,954  

Sage Group PLC

     141,052        1,702,672  

Spectris PLC

     15,736        651,871  

Unilever PLC

     472,210        23,411,571  
     

 

 

 
Total United Kingdom

 

     65,029,216  
United States – 4.4%

 

GSK PLC

     1,364,326        24,845,196  

TOTAL COMMON STOCKS

(Cost: $553,187,219)

 

 

     566,574,661  
RIGHTS – 0.0%

 

Brazil – 0.0%

 

Localiza Rent a Car SA, expiring 11/10/23*

 

  
(Cost: $0)      882        2,819  
WARRANTS – 0.0%

 

Canada – 0.0%

 

Constellation Software, Inc., expiring 3/31/40*(a)

     
(Cost: $0)      545      0  
EXCHANGE-TRADED FUNDS – 0.1%

 

United States – 0.1%

 

WisdomTree Emerging Markets High Dividend Fund(a)(d)

     4,470        167,536  

WisdomTree International Equity Fund(d)

     5,333        257,850  

TOTAL EXCHANGE-TRADED FUNDS

(Cost: $431,548)

 

 

     425,386  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.3%

 

United States – 3.3%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 5.36%(e)

 

  
(Cost: $18,741,527)      18,741,527        18,741,527  

TOTAL INVESTMENTS IN SECURITIES – 102.9%

(Cost: $572,360,294)

 

 

     585,744,393  

Other Assets less Liabilities – (2.9)%

        (16,503,458
     

 

 

 
NET ASSETS – 100.0%             $ 569,240,935  
* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $0, which represents 0.0% of net assets.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $28,142,142 and the total market value of the collateral held by the Fund was $29,646,028. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $10,904,501.

 

(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, 2023.

 

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, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree Emerging Markets High Dividend Fund

  $ 1,023,167     $ 1,477,794     $ 2,306,726     $ 107,508     $ (134,207   $ 167,536     $ 51,360  

WisdomTree International Equity Fund

    1,549,089       2,241,251       3,464,866       214,501       (282,125     257,850       53,244  

Total

  $ 2,572,256     $ 3,719,045     $ 5,771,592     $ 322,009     $ (416,332   $ 425,386     $ 104,604  

 

See Notes to Financial Statements.

 

58   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)

September 30, 2023

 


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
 

Deutsche Bank AG

    10/2/2023       115,784       USD       95,000       GBP     $     $ (168

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

     566,574,661                      566,574,661  

Rights

     2,819                      2,819  

Warrants

                   0 *       0  

Exchange-Traded Funds

     425,386                      425,386  

Investment of Cash Collateral for Securities Loaned

            18,741,527               18,741,527  

Total Investments in Securities

   $ 567,002,866      $ 18,741,527      $ 0      $ 585,744,393  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (168    $      $ (168

Total – Net

   $ 567,002,866      $ 18,741,359      $ 0      $ 585,744,225  
* 

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

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 High Dividend Fund (DEW)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.4%

 

Australia – 4.4%

 

Ampol Ltd.

     2,334      $ 50,915  

ANZ Group Holdings Ltd.

     17,502        289,850  

APA Group

     7,644        40,948  

BHP Group Ltd.

     58,345        1,666,272  

Commonwealth Bank of Australia

     6,925        446,805  

Dexus(a)

     11,258        53,041  

Incitec Pivot Ltd.

     15,209        30,822  

JB Hi-Fi Ltd.(a)

     999        29,285  

Metcash Ltd.

     16,251        39,646  

Mirvac Group(a)

     31,914        43,872  

National Australia Bank Ltd.(a)

     15,316        287,355  

New Hope Corp. Ltd.

     6,299        25,815  

Rio Tinto Ltd.(a)

     3,168        232,167  

Rio Tinto PLC

     8,333        526,239  

South32 Ltd.

     44,527        97,421  

Stockland

     4,096        10,363  

Suncorp Group Ltd.

     4,935        44,495  

Telstra Group Ltd.

     67,175        166,916  

Viva Energy Group Ltd.(b)

     21,136        40,924  

Wesfarmers Ltd.

     3,443        117,461  

Westpac Banking Corp.

     13,090        178,681  

Whitehaven Coal Ltd.

     4,865        22,325  

Woodside Energy Group Ltd.(a)

     12,671        298,410  
     

 

 

 
Total Australia

 

     4,740,028  
Austria – 0.2%

 

BAWAG Group AG*(b)

     701        32,255  

Erste Group Bank AG

     1,545        53,686  

OMV AG

     1,173        56,284  

Voestalpine AG

     1,148        31,407  
     

 

 

 
Total Austria

 

     173,632  
Belgium – 0.3%

 

Aedifica SA

     666        37,971  

Ageas SA

     1,165        48,141  

Cofinimmo SA

     598        41,090  

Etablissements Franz Colruyt NV

     366        15,872  

KBC Group NV

     2,233        139,818  

Proximus SADP

     3,071        25,030  

Solvay SA

     352        39,076  
     

 

 

 
Total Belgium

 

     346,998  
Brazil – 1.5%

 

B3 SA – Brasil Bolsa Balcao

     25,092        61,612  

Banco do Brasil SA

     21,742        204,944  

BB Seguridade Participacoes SA

     9,292        57,940  

Energisa SA

     4,142        38,688  

Engie Brasil Energia SA

     3,586        29,683  

JBS SA

     6,681        24,093  

Klabin SA

     7,322        34,831  

Neoenergia SA

     3,072        11,299  

Petroleo Brasileiro SA

     64,870        491,074  

Telefonica Brasil SA

     3,538        30,523  

TIM SA

     4,833      14,378  

Transmissora Alianca de Energia Eletrica SA

     4,802        33,157  

Vale SA

     39,867        538,283  
     

 

 

 
Total Brazil

 

     1,570,505  
Canada – 4.0%

 

Algonquin Power & Utilities Corp.(a)

     2,351        13,981  

AltaGas Ltd.(a)

     1,470        28,324  

Atco Ltd., Class I(a)

     1,761        44,807  

Bank of Montreal

     3,476        294,586  

Bank of Nova Scotia(a)

     7,562        340,514  

BCE, Inc.(a)

     3,688        141,437  

Canadian Imperial Bank of Commerce

     5,597        217,049  

Canadian Natural Resources Ltd.

     4,833        314,002  

Canadian Tire Corp. Ltd., Class A(a)

     206        22,253  

Canadian Utilities Ltd., Class A

     2,226        47,253  

Capital Power Corp.(a)

     1,250        35,059  

Choice Properties Real Estate Investment Trust

     2,766        25,942  

Emera, Inc.(a)

     1,750        61,379  

Enbridge, Inc.(a)

     8,695        289,726  

Fortis, Inc.(a)

     2,492        95,090  

Great-West Lifeco, Inc.(a)

     3,574        102,726  

Manulife Financial Corp.(a)

     9,774        179,431  

National Bank of Canada(a)

     1,883        125,668  

Paramount Resources Ltd., Class A

     885        21,110  

Parkland Corp.

     892        26,212  

Pembina Pipeline Corp.(a)

     3,985        120,375  

Power Corp. of Canada(a)

     2,624        67,114  

Restaurant Brands International, Inc.(a)

     1,699        113,665  

Royal Bank of Canada(a)

     6,038        530,111  

Sun Life Financial, Inc.

     2,148        105,287  

Suncor Energy, Inc.(a)

     6,146        212,337  

TC Energy Corp.(a)

     4,138        142,963  

TELUS Corp.

     5,311        87,129  

Toronto-Dominion Bank(a)

     7,600        459,991  

Whitecap Resources, Inc.(a)

     4,368        37,057  
     

 

 

 
Total Canada

 

     4,302,578  
Chile – 0.1%

 

Banco de Chile

     466,271        47,230  

Banco Santander Chile

     527,246        24,286  

Cencosud SA

     17,255        32,546  

Empresas Copec SA

     5,606        39,534  
     

 

 

 
Total Chile

 

     143,596  
China – 3.5%

 

Agricultural Bank of China Ltd., Class H

     290,074        108,150  

Anhui Conch Cement Co. Ltd., Class H

     12,000        31,946  

Bank of China Ltd., Class H

     1,137,000        397,783  

Bank of Communications Co. Ltd., Class H

     311,000        188,224  

BOC Hong Kong Holdings Ltd.

     46,000        125,985  

China CITIC Bank Corp. Ltd., Class H

     154,000        71,574  

China Construction Bank Corp., Class H

     1,358,536        766,706  

China Feihe Ltd.(b)

     24,000        14,157  

China Life Insurance Co. Ltd., Class H

     82,000        127,735  

 

See Notes to Financial Statements.

 

60   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2023

 

 

 

Investments    Shares      Value  

China Medical System Holdings Ltd.

     17,000      $ 25,744  

China Pacific Insurance Group Co. Ltd., Class H

     31,000        77,581  

China Petroleum & Chemical Corp., Class H

     318,000        173,783  

China Railway Group Ltd., Class H

     39,000        20,118  

China Shenhua Energy Co. Ltd., Class H

     65,000        210,806  

China Vanke Co. Ltd., Class H

     18,700        20,630  

COSCO SHIPPING Holdings Co. Ltd., Class H

     48,000        49,214  

Great Wall Motor Co. Ltd., Class H

     26,500        31,603  

Industrial & Commercial Bank of China Ltd., Class H

     967,000        465,483  

Longfor Group Holdings Ltd.(a)(b)

     16,000        28,765  

PetroChina Co. Ltd., Class H

     364,000        274,214  

PICC Property & Casualty Co. Ltd., Class H

     50,000        64,225  

Ping An Insurance Group Co. of China Ltd., Class H

     47,000        269,151  

Postal Savings Bank of China Co. Ltd., Class H(b)

     62,000        31,349  

Sinopharm Group Co. Ltd., Class H

     13,600        39,418  

Tingyi Cayman Islands Holding Corp.

     28,000        39,112  

Wilmar International Ltd.

     25,200        68,867  

Yankuang Energy Group Co. Ltd., Class H

     33,000        62,361  
     

 

 

 
Total China

 

     3,784,684  
Czech Republic – 0.0%

 

CEZ AS

     941        40,088  
Denmark – 0.2%

 

AP Moller – Maersk AS, Class B

     71        128,377  

Pandora AS

     401        41,653  

Topdanmark AS

     1,149        50,050  
     

 

 

 
Total Denmark

 

     220,080  
Finland – 0.4%

 

Fortum Oyj(a)

     4,787        55,725  

Kone Oyj, Class B

     853        36,052  

Nordea Bank Abp

     16,760        185,307  

Sampo Oyj, Class A

     1,835        79,616  

UPM-Kymmene Oyj

     1,037        35,650  
     

 

 

 
Total Finland

 

     392,350  
France – 3.1%

 

ALD SA(b)

     2,755        21,395  

AXA SA

     13,197        393,740  

BNP Paribas SA

     6,673        426,940  

Bouygues SA

     2,349        82,419  

Cie de Saint-Gobain SA

     1,676        100,932  

Cie Generale des Etablissements Michelin SCA

     2,169        66,757  

Danone SA

     1,244        68,831  

Engie SA

     18,448        283,797  

Gecina SA

     621        63,612  

Klepierre SA

     1,830        45,009  

Orange SA

     16,782        192,960  

Publicis Groupe SA

     639        48,549  

Rexel SA

     1,696        38,247  

Sanofi

     3,259        350,153  

Societe Generale SA

     4,516        110,185  

TotalEnergies SE

     13,566        894,959  

Veolia Environnement SA

     3,469        100,745  
     

 

 

 
Total France

 

     3,289,230  
Germany – 2.4%

 

Allianz SE, Registered Shares

     1,611      384,964  

BASF SE

     4,504        204,812  

Bayer AG, Registered Shares

     2,553        122,851  

Bayerische Motoren Werke AG

     2,978        303,882  

Deutsche Post AG, Registered Shares

     4,530        184,819  

E.ON SE

     11,093        131,541  

Fielmann Group AG

     402        17,399  

Hapag-Lloyd AG(b)

     1,437        261,989  

Heidelberg Materials AG

     1,056        82,198  

Mercedes-Benz Group AG

     6,453        450,168  

Muenchener Rueckversicherungs-Gesellschaft AG, Registered Shares

     344        134,430  

Talanx AG

     1,640        104,181  

Telefonica Deutschland Holding AG

     17,964        32,238  

Volkswagen AG

     914        120,672  

Wacker Chemie AG

     281        40,357  
     

 

 

 
Total Germany

 

     2,576,501  
Hong Kong – 0.7%

 

Bank of East Asia Ltd.

     26,600        33,013  

Champion REIT

     76,000        25,036  

CLP Holdings Ltd.

     10,500        77,692  

Hang Lung Properties Ltd.

     19,000        26,007  

Henderson Land Development Co. Ltd.

     23,100        60,907  

Hong Kong & China Gas Co. Ltd.

     73,000        50,892  

Hysan Development Co. Ltd.

     3,000        5,815  

Link REIT

     18,266        89,559  

New World Development Co. Ltd.

     2,000        3,892  

PCCW Ltd.

     98,000        44,672  

Power Assets Holdings Ltd.

     18,000        87,106  

Sino Land Co. Ltd.

     53,873        60,739  

Sun Hung Kai Properties Ltd.

     12,000        128,399  

Swire Pacific Ltd., Class B

     25,000        27,324  

Swire Properties Ltd.

     23,800        49,655  
     

 

 

 
Total Hong Kong

 

     770,708  
India – 0.9%

 

Bharat Petroleum Corp. Ltd.

     4,871        20,331  

Coal India Ltd.

     28,359        100,812  

GAIL India Ltd.

     30,084        45,067  

HCL Technologies Ltd.

     9,409        139,909  

Hindustan Petroleum Corp. Ltd.*

     4,020        12,342  

Indian Oil Corp. Ltd.

     58,079        63,610  

Indus Towers Ltd.*

     9,177        21,185  

NMDC Ltd.

     21,281        37,915  

NTPC Ltd.

     37,537        110,996  

Oil & Natural Gas Corp. Ltd.

     36,698        84,783  

Petronet LNG Ltd.

     12,087        34,926  

Power Grid Corp. of India Ltd.

     44,628        107,350  

Steel Authority of India Ltd.

     25,418        28,726  

Tata Steel Ltd.

     57,332        88,993  

Vedanta Ltd.

     11,854        31,769  
     

 

 

 
Total India

 

     928,714  

 

See Notes to Financial Statements.

 

WisdomTree Trust      61  


Schedule of Investments (unaudited) (continued)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2023

 

 

 

Investments    Shares      Value  
Indonesia – 0.1%

 

Adaro Energy Indonesia Tbk PT

     207,600      $ 38,283  

Bukit Asam Tbk PT

     114,100        20,672  

Indo Tambangraya Megah Tbk PT

     8,900        16,686  

Indocement Tunggal Prakarsa Tbk PT

     24,400        15,709  

Indofood Sukses Makmur Tbk PT

     53,100        22,762  

United Tractors Tbk PT

     17,700        32,353  
     

 

 

 
Total Indonesia

 

     146,465  
Ireland – 0.1%

 

Smurfit Kappa Group PLC

     1,483        49,553  
Israel – 0.2%

 

Amot Investments Ltd.

     4,686        22,710  

Ashtrom Group Ltd.

     711        9,698  

Bank Leumi Le-Israel BM

     8,630        71,429  

First International Bank of Israel Ltd.

     530        22,776  

ICL Group Ltd.

     12,225        67,660  
     

 

 

 
Total Israel

 

     194,273  
Italy – 0.9%

 

A2A SpA

     33,136        59,150  

Assicurazioni Generali SpA

     6,270        128,552  

Banco BPM SpA

     8,699        41,768  

De’ Longhi SpA(a)

     935        20,412  

Eni SpA(a)

     19,600        316,585  

Hera SpA

     20,112        55,150  

Mediobanca Banca di Credito Finanziario SpA

     4,649        61,674  

Poste Italiane SpA(b)

     4,973        52,483  

Snam SpA(a)

     19,914        93,803  

Terna – Rete Elettrica Nazionale(a)

     6,323        47,718  

UnipolSai Assicurazioni SpA(a)

     14,835        35,905  
     

 

 

 
Total Italy

 

     913,200  
Japan – 2.9%

 

AGC, Inc.

     800        28,113  

Concordia Financial Group Ltd.(a)

     7,000        31,968  

Daiwa House Industry Co. Ltd.

     1,700        45,740  

ENEOS Holdings, Inc.(a)

     16,400        64,831  

Haseko Corp.(a)

     2,300        29,392  

Inpex Corp.

     3,400        51,402  

Isuzu Motors Ltd.(a)

     2,400        30,244  

Japan Post Holdings Co. Ltd.(a)

     12,900        103,520  

Japan Tobacco, Inc.

     8,300        191,335  

Kajima Corp.

     3,600        58,707  

Kansai Electric Power Co., Inc.

     4,000        55,688  

Kawasaki Kisen Kaisha Ltd.(a)

     2,400        82,088  

Kuraray Co. Ltd.

     6,000        71,208  

Marubeni Corp.

     8,669        135,474  

Mitsubishi Chemical Group Corp.(a)

     9,000        56,856  

Mitsubishi UFJ Financial Group, Inc.(a)

     41,900        356,175  

Mitsui OSK Lines Ltd.(a)

     3,800        104,661  

Mizuho Financial Group, Inc.(a)

     6,730        114,598  

MS&AD Insurance Group Holdings, Inc.(a)

     1,600        58,918  

Nippon Steel Corp.(a)

     6,600        155,021  

Nippon Yusen KK(a)

     5,900        153,643  

Sekisui House Ltd.

     2,900      57,854  

SoftBank Corp.(a)

     26,300        297,940  

Sompo Holdings, Inc.(a)

     1,200        51,731  

Sumitomo Chemical Co. Ltd.

     5,800        15,819  

Sumitomo Corp.(a)

     6,386        127,699  

Sumitomo Forestry Co. Ltd.

     2,300        58,662  

Sumitomo Mitsui Financial Group, Inc.(a)

     4,600        226,478  

Sumitomo Mitsui Trust Holdings, Inc.

     1,800        67,923  

Takeda Pharmaceutical Co. Ltd.(a)

     5,400        167,944  

Tosoh Corp.

     3,000        38,559  
     

 

 

 
Total Japan

 

     3,090,191  
Malaysia – 0.5%

 

CIMB Group Holdings Bhd

     66,800        77,253  

HAP Seng Consolidated Bhd

     3,900        3,655  

Kuala Lumpur Kepong Bhd

     6,400        29,170  

Malayan Banking Bhd

     53,993        101,080  

Maxis Bhd

     36,200        31,148  

Petronas Chemicals Group Bhd

     31,500        48,237  

Petronas Gas Bhd

     13,300        47,702  

RHB Bank Bhd

     51,867        59,984  

Sime Darby Bhd

     58,100        27,347  

Sime Darby Plantation Bhd

     28,000        25,524  

Tenaga Nasional Bhd

     29,400        62,554  
     

 

 

 
Total Malaysia

 

     513,654  
Mexico – 0.4%

 

Alfa SAB de CV, Class A

     47,750        31,158  

Alpek SAB de CV(a)

     9,251        7,964  

Banco del Bajio SA(b)

     12,507        39,446  

Coca-Cola Femsa SAB de CV

     4,550        35,811  

Fibra Uno Administracion SA de CV

     39,614        66,219  

Grupo Mexico SAB de CV, Series B

     37,854        179,680  

Kimberly-Clark de Mexico SAB de CV, Class A

     10,690        21,345  

Orbia Advance Corp. SAB de CV

     26,023        54,222  
     

 

 

 
Total Mexico

 

     435,845  
Netherlands – 0.5%

 

Aegon NV(a)

     11,239        54,523  

ASR Nederland NV

     1,686        63,405  

BE Semiconductor Industries NV(a)

     524        51,595  

Koninklijke KPN NV

     29,479        97,347  

Koninklijke Vopak NV

     790        27,116  

NN Group NV(a)

     1,601        51,598  

OCI NV*

     2,273        63,509  

Randstad NV(a)

     1,454        80,635  

SBM Offshore NV(a)

     807        10,620  

Signify NV(b)

     731        19,743  
     

 

 

 
Total Netherlands

 

     520,091  
Norway – 0.5%

 

Aker BP ASA

     2,672        74,328  

DNB Bank ASA

     9,357        189,587  

Norsk Hydro ASA

     7,432        46,935  

Telenor ASA

     13,745        156,944  

Yara International ASA

     1,029        39,194  
     

 

 

 
Total Norway

 

     506,988  

 

See Notes to Financial Statements.

 

62   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2023

 

 

 

Investments    Shares      Value  
Philippines – 0.0%

 

PLDT, Inc.

     910      $ 18,915  
Poland – 0.1%

 

ORLEN SA

     2,999        40,330  

Powszechna Kasa Oszczednosci Bank Polski SA*

     12,511        99,513  
     

 

 

 
Total Poland

 

     139,843  
Portugal – 0.1%

 

EDP – Energias de Portugal SA

     8,474        35,313  

Galp Energia SGPS SA

     2,932        43,584  
     

 

 

 
Total Portugal

 

     78,897  
Russia – 0.0%

 

Evraz PLC*

     5,263        0  

Magnit PJSC*

     447        0  

Magnit PJSC, GDR*(c)

     1        0  

Magnitogorsk Iron & Steel Works PJSC, GDR*(c)

     1,299        0  

MMC Norilsk Nickel PJSC*

     321        0  

MMC Norilsk Nickel PJSC, ADR*

     5        0  

Mobile TeleSystems PJSC, ADR*

     3,583        0  

Novolipetsk Steel PJSC*

     11,640        0  

PhosAgro PJSC*

     247        0  

PhosAgro PJSC, GDR*(c)

     4        0  

Polyus PJSC*

     83        0  

Sberbank of Russia PJSC*

     14,088        0  

Sberbank of Russia PJSC, ADR*

     6,465        0  

Severstal PAO, GDR*(c)

     1,737        0  

Tatneft PJSC*

     2,124        0  

Tatneft PJSC, ADR*

     85        0  
     

 

 

 
Total Russia

 

     0  
Saudi Arabia – 0.3%

 

Advanced Petrochemical Co.

     1,743        18,636  

Arabian Centres Co. Ltd.

     4,421        23,458  

Sahara International Petrochemical Co.

     6,322        63,718  

Saudi Basic Industries Corp.

     5,577        122,679  

Saudi Cement Co.

     3,333        46,390  

Saudi Industrial Investment Group

     5,267        33,368  

Yanbu National Petrochemical Co.

     3,736        41,440  
     

 

 

 
Total Saudi Arabia

 

     349,689  
Singapore – 1.0%

 

CapitaLand Ascendas REIT

     26,100        52,586  

CapitaLand Integrated Commercial Trust

     32,900        44,593  

DBS Group Holdings Ltd.

     11,114        273,921  

Frasers Centrepoint Trust

     21,000        33,695  

Frasers Logistics & Commercial Trust

     50,000        39,197  

Keppel Corp. Ltd.

     5,800        28,896  

Mapletree Industrial Trust

     27,800        46,031  

Mapletree Logistics Trust

     32,300        39,757  

Mapletree Pan Asia Commercial Trust

     37,400        39,184  

Olam Group Ltd.

     36,200        27,848  

Oversea-Chinese Banking Corp. Ltd.

     22,113        207,537  

Singapore Technologies Engineering Ltd.

     15,000        42,970  

United Overseas Bank Ltd.

     8,113        169,405  

Venture Corp. Ltd.

     800      7,251  
     

 

 

 
Total Singapore

 

     1,052,871  
South Africa – 0.6%

 

Absa Group Ltd.

     6,717        62,334  

Anglo American Platinum Ltd.

     416        15,589  

Exxaro Resources Ltd.(a)

     4,905        44,881  

FirstRand Ltd.

     30,912        104,782  

Impala Platinum Holdings Ltd.

     7,697        40,390  

Nedbank Group Ltd.

     6,218        66,780  

Sanlam Ltd.

     13,190        45,977  

Sasol Ltd.

     3,404        47,162  

Standard Bank Group Ltd.

     10,505        102,444  

Thungela Resources Ltd.(a)

     3,325        30,648  

Vodacom Group Ltd.

     8,280        46,482  
     

 

 

 
Total South Africa

 

     607,469  
South Korea – 0.6%

 

Hana Financial Group, Inc.

     1,455        45,772  

KB Financial Group, Inc.

     3,313        135,770  

KT&G Corp.

     610        39,012  

POSCO Holdings, Inc.

     721        285,857  

Shinhan Financial Group Co. Ltd.

     3,871        102,125  

Woori Financial Group, Inc.

     7,936        72,103  
     

 

 

 
Total South Korea

 

     680,639  
Spain – 2.0%

 

Acerinox SA

     3,240        31,436  

ACS Actividades de Construccion y Servicios SA

     3,198        115,357  

Banco Bilbao Vizcaya Argentaria SA(a)

     27,133        221,486  

Banco Santander SA

     51,696        198,052  

Bankinter SA(a)

     4,247        27,177  

CaixaBank SA

     23,318        93,468  

Endesa SA

     10,920        222,849  

Fluidra SA(a)

     1,562        32,033  

Fomento de Construcciones y Contratas SA(a)

     1,799        22,704  

Iberdrola SA

     22,836        256,162  

Industria de Diseno Textil SA

     8,507        317,849  

Inmobiliaria Colonial Socimi SA(a)

     10,170        57,929  

Merlin Properties Socimi SA

     8,438        71,336  

Naturgy Energy Group SA(a)

     5,104        139,203  

Redeia Corp. SA

     2,424        38,227  

Repsol SA

     6,138        101,183  

Telefonica SA(a)

     35,075        143,641  
     

 

 

 
Total Spain

 

     2,090,092  
Sweden – 0.6%

 

Autoliv, Inc.

     557        53,739  

Fabege AB(a)

     4,165        33,476  

Husqvarna AB, Class B(a)

     3,500        26,978  

Nordnet AB publ

     2,537        33,720  

Skandinaviska Enskilda Banken AB, Class A

     6,605        79,430  

SKF AB, Class B

     1,698        28,469  

SSAB AB, Class B

     8,829        48,841  

Svenska Handelsbanken AB, Class A

     5,481        49,219  

Swedbank AB, Class A

     6,848        126,885  

 

See Notes to Financial Statements.

 

WisdomTree Trust      63  


Schedule of Investments (unaudited) (continued)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2023

 

 

 

Investments    Shares      Value  

Tele2 AB, Class B

     2,836      $ 21,844  

Telia Co. AB

     23,442        48,700  

Thule Group AB(a)(b)

     1,452        38,344  
     

 

 

 
Total Sweden

 

     589,645  
Switzerland – 2.2%

 

Baloise Holding AG, Registered Shares

     497        72,203  

Helvetia Holding AG, Registered Shares

     441        61,898  

Holcim AG, Registered Shares*

     2,317        148,878  

Julius Baer Group Ltd.

     1,151        74,058  

Kuehne & Nagel International AG, Registered Shares

     477        136,092  

Novartis AG, Registered Shares

     9,939        1,019,867  

OC Oerlikon Corp. AG, Registered Shares(a)

     4,492        19,111  

Swiss Life Holding AG, Registered Shares

     114        71,231  

Swiss Prime Site AG, Registered Shares

     553        50,748  

Swiss Re AG

     1,606        165,586  

Swisscom AG, Registered Shares

     328        195,122  

Zurich Insurance Group AG

     727        333,857  
     

 

 

 
Total Switzerland

 

     2,348,651  
Taiwan – 3.4%

 

ASE Technology Holding Co. Ltd.

     65,000        220,489  

Asia Cement Corp.

     24,000        29,554  

Asustek Computer, Inc.

     11,000        125,060  

AUO Corp.

     118,000        59,950  

Cathay Financial Holding Co. Ltd.

     70,958        97,928  

China Steel Corp.

     258,000        201,809  

CTBC Financial Holding Co. Ltd.

     156,480        118,764  

Far Eastern New Century Corp.

     45,000        40,078  

Far EasTone Telecommunications Co. Ltd.

     23,000        51,799  

Formosa Chemicals & Fibre Corp.

     24,000        45,724  

Formosa Plastics Corp.

     67,000        165,629  

Fubon Financial Holding Co. Ltd.

     95,432        179,450  

Giant Manufacturing Co. Ltd.

     6,217        34,378  

Hon Hai Precision Industry Co. Ltd.

     70,000        225,523  

Innolux Corp.*

     112,100        45,666  

Largan Precision Co. Ltd.

     1,000        66,139  

Lite-On Technology Corp., ADR

     19,000        71,514  

MediaTek, Inc.

     23,000        523,691  

Mega Financial Holding Co. Ltd.

     73,900        86,307  

Micro-Star International Co. Ltd.

     15,000        76,207  

Nan Ya Plastics Corp.

     99,000        204,253  

Novatek Microelectronics Corp.

     7,000        91,727  

Pegatron Corp.

     22,680        53,819  

Pou Chen Corp.

     42,000        37,276  

Quanta Computer, Inc.

     28,210        209,300  

Realtek Semiconductor Corp.

     6,000        73,419  

SinoPac Financial Holdings Co. Ltd.

     151,593        81,712  

Taiwan Mobile Co. Ltd.

     24,000        70,334  

United Microelectronics Corp.

     110,000        154,025  

Wistron Corp.

     29,000        91,185  

Yang Ming Marine Transport Corp.

     30,000        42,239  

Yuanta Financial Holding Co. Ltd.

     117,161        90,918  
     

 

 

 
Total Taiwan

 

     3,665,866  
Thailand – 0.2%

 

PTT Exploration & Production PCL, NVDR

     14,500      68,095  

PTT PCL, NVDR

     117,600        108,193  

Siam Cement PCL, NVDR

     5,900        48,772  
     

 

 

 
Total Thailand

 

     225,060  
United Kingdom – 2.9%

 

Anglo American PLC

     6,394        176,804  

Aviva PLC

     12,904        61,393  

Bellway PLC

     1,530        42,652  

BP PLC

     60,957        395,367  

British American Tobacco PLC

     10,348        325,482  

British Land Co. PLC

     8,038        31,090  

BT Group PLC(a)

     43,646        62,169  

Games Workshop Group PLC

     226        29,157  

HSBC Holdings PLC

     100,204        788,738  

Imperial Brands PLC

     6,189        125,925  

J Sainsbury PLC

     16,071        49,588  

Kingfisher PLC

     12,438        33,900  

Land Securities Group PLC

     6,196        44,604  

Legal & General Group PLC

     21,204        57,584  

Lloyds Banking Group PLC

     258,153        139,805  

National Grid PLC

     22,769        272,349  

OSB Group PLC

     4,037        16,132  

Pennon Group PLC

     2,810        20,098  

Severn Trent PLC

     1,630        47,052  

SSE PLC

     3,795        74,575  

St. James’s Place PLC

     2,457        24,957  

Tesco PLC

     24,871        80,201  

Tritax Big Box REIT PLC

     25,568        43,627  

United Utilities Group PLC

     3,128        36,201  

Vodafone Group PLC

     151,106        141,681  
     

 

 

 
Total United Kingdom

 

     3,121,131  
United States – 57.6%

 

3M Co.

     5,204        487,198  

AbbVie, Inc.

     19,517        2,909,204  

Advance Auto Parts, Inc.

     321        17,954  

Agree Realty Corp.

     929        51,318  

ALLETE, Inc.

     297        15,682  

Alliant Energy Corp.

     2,477        120,011  

Ally Financial, Inc.

     2,450        65,366  

Altria Group, Inc.

     40,480        1,702,184  

American Electric Power Co., Inc.

     4,966        373,542  

Americold Realty Trust, Inc.

     1,739        52,883  

Amgen, Inc.

     4,512        1,212,645  

Annaly Capital Management, Inc.

     8,261        155,389  

Antero Midstream Corp.

     5,901        70,694  

Apartment Income REIT Corp.

     1,937        59,466  

Ares Management Corp., Class A

     1,188        122,210  

Associated Banc-Corp.

     1,337        22,876  

Atlantic Union Bankshares Corp.

     991        28,521  

AvalonBay Communities, Inc.

     793        136,190  

Avangrid, Inc.

     2,945        88,851  

Bank of Hawaii Corp.

     420        20,870  

 

See Notes to Financial Statements.

 

64   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2023

 

 

 

Investments    Shares      Value  

Bank of New York Mellon Corp.

     4,998      $ 213,165  

Bank OZK

     1,288        47,746  

Best Buy Co., Inc.

     2,325        161,518  

Black Hills Corp.

     794        40,168  

BlackRock, Inc.

     924        597,357  

Blackstone Mortgage Trust, Inc., Class A(a)

     2,115        46,001  

Blue Owl Capital, Inc.(a)

     4,097        53,097  

Boston Properties, Inc.

     1,385        82,380  

Brixmor Property Group, Inc.

     3,133        65,104  

Broadcom, Inc.

     2,699        2,241,735  

Brookfield Renewable Corp., Class A(a)

     1,674        40,076  

Cadence Bank(a)

     1,244        26,398  

Cal-Maine Foods, Inc.

     944        45,708  

Campbell Soup Co.

     1,576        64,742  

Carlyle Group, Inc.

     3,252        98,080  

Cathay General Bancorp

     892        31,006  

Chemours Co.

     1,019        28,583  

Chevron Corp.

     18,570        3,131,273  

Chord Energy Corp.

     424        68,718  

Cisco Systems, Inc.

     28,724        1,544,202  

Citigroup, Inc.

     15,766        648,456  

Citizens Financial Group, Inc.

     3,576        95,837  

Clearway Energy, Inc., Class C

     1,096        23,191  

Clorox Co.

     758        99,343  

CMS Energy Corp.

     2,499        132,722  

CNA Financial Corp.

     2,818        110,888  

Coca-Cola Co.

     36,407        2,038,064  

Cogent Communications Holdings, Inc.

     422        26,122  

Cohen & Steers, Inc.

     721        45,199  

Columbia Banking System, Inc.

     2,041        41,432  

Comcast Corp., Class A

     29,927        1,326,963  

Comerica, Inc.

     742        30,830  

Conagra Brands, Inc.

     3,027        83,000  

Consolidated Edison, Inc.

     3,538        302,605  

Corning, Inc.

     5,258        160,211  

Cousins Properties, Inc.

     1,898        38,662  

Cracker Barrel Old Country Store, Inc.(a)

     296        19,891  

Crown Castle, Inc.

     3,445        317,043  

CubeSmart

     1,766        67,338  

CVB Financial Corp.

     1,086        17,995  

CVR Energy, Inc.(a)

     1,428        48,595  

Darden Restaurants, Inc.

     810        116,008  

Digital Realty Trust, Inc.

     2,715        328,569  

Dominion Energy, Inc.

     5,931        264,938  

Douglas Emmett, Inc.(a)

     1,721        21,960  

Dow, Inc.

     11,896        613,358  

DT Midstream, Inc.

     824        43,606  

Duke Energy Corp.

     5,898        520,557  

EastGroup Properties, Inc.

     457        76,104  

Eastman Chemical Co.

     834        63,984  

Edison International

     3,096        195,946  

Entergy Corp.

     1,340        123,950  

EPR Properties

     1,826        75,852  

Equitrans Midstream Corp.

     5,117        47,946  

Equity Residential

     3,774      221,572  

Essential Properties Realty Trust, Inc.

     2,761        59,720  

Essex Property Trust, Inc.

     411        87,169  

Evercore, Inc., Class A

     424        58,461  

Evergy, Inc.

     1,570        79,599  

Eversource Energy

     3,172        184,452  

Exelon Corp.

     6,298        238,001  

Extra Space Storage, Inc.

     1,684        204,741  

Exxon Mobil Corp.

     39,663        4,663,576  

Federal Realty Investment Trust

     547        49,575  

Fidelity National Financial, Inc.

     2,745        113,368  

Fifth Third Bancorp

     4,481        113,504  

First American Financial Corp.

     533        30,109  

First Hawaiian, Inc.

     1,723        31,100  

First Interstate BancSystem, Inc., Class A

     847        21,124  

FirstEnergy Corp.

     5,914        202,141  

Flowers Foods, Inc.

     1,655        36,708  

FNB Corp.

     2,083        22,476  

Foot Locker, Inc.(a)

     724        12,561  

Ford Motor Co.

     36,263        450,386  

Franklin Resources, Inc.

     4,042        99,352  

Fulton Financial Corp.

     2,336        28,289  

Gaming & Leisure Properties, Inc.

     2,259        102,897  

Gap, Inc.

     3,709        39,427  

Gilead Sciences, Inc.

     14,985        1,122,976  

Goldman Sachs Group, Inc.

     1,883        609,282  

GSK PLC

     16,392        298,508  

Hannon Armstrong Sustainable Infrastructure Capital, Inc.(a)

     914        19,377  

Hasbro, Inc.

     999        66,074  

Hawaiian Electric Industries, Inc.

     281        3,459  

Healthpeak Properties, Inc.

     4,324        79,389  

Hewlett Packard Enterprise Co.

     9,403        163,330  

Highwoods Properties, Inc.

     2,612        53,833  

HP, Inc.

     7,793        200,280  

Huntington Bancshares, Inc.

     11,348        118,019  

Huntsman Corp.

     1,618        39,479  

Ingredion, Inc.

     381        37,490  

Innovative Industrial Properties, Inc.

     394        29,810  

International Business Machines Corp.

     8,844        1,240,813  

International Flavors & Fragrances, Inc.

     1,699        115,821  

International Paper Co.

     3,209        113,823  

Interpublic Group of Cos., Inc.

     3,382        96,928  

Invesco Ltd.

     4,320        62,726  

Iron Mountain, Inc.

     2,463        146,425  

Jackson Financial, Inc., Class A

     1,151        43,991  

JBG SMITH Properties

     1,228        17,757  

Jefferies Financial Group, Inc.

     1,414        51,795  

JPMorgan Chase & Co.

     18,770        2,722,025  

Juniper Networks, Inc.

     2,956        82,147  

Kellogg Co.

     2,692        160,201  

KeyCorp

     7,188        77,343  

Kilroy Realty Corp.

     952        30,093  

Kimberly-Clark Corp.

     2,349        283,877  

 

See Notes to Financial Statements.

 

WisdomTree Trust      65  


Schedule of Investments (unaudited) (continued)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2023

 

 

 

Investments    Shares      Value  

Kimco Realty Corp.

     4,851      $ 85,329  

Kinder Morgan, Inc.

     24,447        405,331  

Kohl’s Corp.(a)

     1,690        35,422  

Kraft Heinz Co.

     9,267        311,742  

Lamar Advertising Co., Class A

     1,361        113,603  

LCI Industries

     259        30,412  

Leggett & Platt, Inc.

     1,234        31,356  

Lincoln National Corp.

     1,462        36,097  

LXP Industrial Trust

     2,381        21,191  

Macy’s, Inc.

     1,741        20,213  

ManpowerGroup, Inc.

     539        39,519  

MDU Resources Group, Inc.

     1,246        24,397  

Medical Properties Trust, Inc.(a)

     9,963        54,298  

Merck & Co., Inc.

     19,982        2,057,147  

MetLife, Inc.

     4,437        279,132  

Morgan Stanley

     11,180        913,071  

National Fuel Gas Co.

     809        41,995  

National Health Investors, Inc.

     427        21,931  

National Storage Affiliates Trust

     1,043        33,105  

New Jersey Resources Corp.

     1,293        52,535  

New York Community Bancorp, Inc.(a)

     5,034        57,086  

NiSource, Inc.

     4,300        106,124  

NNN REIT, Inc.

     2,275        80,398  

Nordstrom, Inc.(a)

     1,230        18,376  

Northern Oil & Gas, Inc.(a)

     814        32,747  

Northern Trust Corp.

     1,244        86,433  

NRG Energy, Inc.

     1,543        59,436  

OGE Energy Corp.

     1,951        65,027  

Old National Bancorp

     1,831        26,623  

Old Republic International Corp.

     2,471        66,569  

Omnicom Group, Inc.

     1,290        96,079  

ONE Gas, Inc.

     213        14,544  

OneMain Holdings, Inc.

     2,188        87,717  

Organon & Co.

     3,183        55,257  

Outfront Media, Inc.(a)

     2,707        27,341  

PACCAR, Inc.

     2,788        237,036  

Pacific Premier Bancorp, Inc.

     1,002        21,804  

Packaging Corp. of America

     687        105,489  

PacWest Bancorp

     730        5,774  

Paramount Global, Class B

     5,779        74,549  

Patterson Cos., Inc.

     472        13,990  

Pfizer, Inc.

     55,996        1,857,387  

Philip Morris International, Inc.

     24,887        2,304,038  

Phillips 66

     3,492        419,564  

Phillips Edison & Co., Inc.

     1,072        35,955  

Pinnacle West Capital Corp.

     1,027        75,669  

PNC Financial Services Group, Inc.

     4,062        498,692  

Portland General Electric Co.

     1,008        40,804  

PotlatchDeltic Corp.

     971        44,074  

PPL Corp.

     4,036        95,088  

Principal Financial Group, Inc.

     1,933        139,311  

Prosperity Bancshares, Inc.

     474        25,871  

Prudential Financial, Inc.

     3,078        292,071  

Public Service Enterprise Group, Inc.

     3,211        182,738  

Radian Group, Inc.

     2,953      74,150  

Rayonier, Inc.

     1,524        43,373  

Realty Income Corp.

     5,493        274,320  

Regency Centers Corp.

     1,149        68,297  

Regions Financial Corp.

     6,430        110,596  

Reynolds Consumer Products, Inc.

     1,104        28,296  

Rithm Capital Corp.

     7,131        66,247  

Ryder System, Inc.

     384        41,069  

Sabra Health Care REIT, Inc.

     3,111        43,367  

Scotts Miracle-Gro Co.(a)

     671        34,677  

Simmons First National Corp., Class A

     699        11,855  

Simon Property Group, Inc.

     4,064        439,034  

SL Green Realty Corp.(a)

     730        27,229  

Sonoco Products Co.

     511        27,773  

Southern Co.

     11,854        767,191  

Southwest Gas Holdings, Inc.

     456        27,547  

Spirit Realty Capital, Inc.

     1,443        48,384  

STAG Industrial, Inc.

     1,865        64,361  

Starwood Property Trust, Inc.(a)

     6,674        129,142  

State Street Corp.

     2,563        171,618  

Stellantis NV

     17,121        330,090  

Synovus Financial Corp.

     765        21,267  

T Rowe Price Group, Inc.

     1,858        194,848  

Tapestry, Inc.

     1,921        55,229  

TFS Financial Corp.

     2,541        30,035  

Travel & Leisure Co.

     905        33,241  

Truist Financial Corp.

     10,601        303,295  

U.S. Bancorp

     17,793        588,237  

UDR, Inc.

     2,133        76,084  

UGI Corp.

     2,550        58,650  

United Bankshares, Inc.

     1,461        40,309  

United Parcel Service, Inc., Class B

     7,464        1,163,414  

Unum Group

     1,407        69,210  

Vail Resorts, Inc.

     280        62,129  

Valero Energy Corp.

     3,801        538,640  

Valley National Bancorp

     4,441        38,015  

Ventas, Inc.

     3,258        137,260  

Verizon Communications, Inc.

     53,488        1,733,546  

Viatris, Inc.

     11,117        109,614  

VICI Properties, Inc.

     8,307        241,734  

Virtu Financial, Inc., Class A

     595        10,276  

Vistra Corp.

     4,013        133,151  

Watsco, Inc.

     248        93,675  

Webster Financial Corp.

     1,201        48,412  

WEC Energy Group, Inc.

     2,832        228,118  

Welltower, Inc.

     3,277        268,452  

Western Union Co.

     3,002        39,566  

Whirlpool Corp.

     478        63,909  

Williams Cos., Inc.

     11,737        395,420  

WP Carey, Inc.

     2,921        157,968  
     

 

 

 
Total United States

 

     61,464,462  
TOTAL COMMON STOCKS
(Cost: $104,187,297)

 

     106,083,182  

 

See Notes to Financial Statements.

 

66   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2023

 

 

 

Investments    Shares      Value  
EXCHANGE-TRADED FUNDS – 0.1%

 

United States – 0.1%

 

WisdomTree International High Dividend Fund(d)

     3,193      $ 115,571  

WisdomTree U.S. High Dividend Fund(d)

     519        40,513  
TOTAL EXCHANGE-TRADED FUNDS
(Cost: $143,877)
              156,084  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.3%

 

United States – 5.3%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(e)

     
(Cost: $5,656,093)      5,656,093        5,656,093  

TOTAL INVESTMENTS IN SECURITIES – 104.8%

(Cost: $109,987,267)

 

 

     111,895,359  

Other Assets less Liabilities – (4.8)%

 

     (5,148,159
     

 

 

 
NET ASSETS – 100.0%

 

   $ 106,747,200  

 

* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $0, which represents 0.0% of net assets.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $7,464,776 and the total market value of the collateral held by the Fund was $7,832,162. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $2,176,069.

 

(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, 2023.

 

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, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/
(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree International High Dividend Fund

  $ 124,207     $ 476,872     $ 469,701     $ (12,588   $ (3,219   $ 115,571     $ 13,092  

WisdomTree U.S. High Dividend Fund

    77,663       146,599       176,535       (6,157     (1,057     40,513       2,167  

Total

  $ 201,870     $ 623,471     $ 646,236     $ (18,745   $ (4,276   $ 156,084     $ 15,259  

 

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

    10/4/2023       14,529       USD       19,405,554       KRW     $ 149     $  

 

See Notes to Financial Statements.

 

WisdomTree Trust      67  


Schedule of Investments (unaudited) (concluded)

WisdomTree Global High Dividend Fund (DEW)

September 30, 2023

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

     106,083,182                      106,083,182  

Exchange-Traded Funds

     156,084                      156,084  

Investment of Cash Collateral for Securities Loaned

            5,656,093               5,656,093  

Total Investments in Securities

   $ 106,239,266      $ 5,656,093      $ 0      $ 111,895,359  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 149      $      $ 149  

Total – Net

   $ 106,239,266      $ 5,656,242      $ 0      $ 111,895,508  
* 

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

68   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Growth Leaders Fund (PLAT)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%      
Argentina – 1.1%      

MercadoLibre, Inc.*

     82      $ 103,966  
Canada – 1.3%      

RB Global, Inc.(a)

     2,010        125,625  
China – 6.1%      

Alibaba Group Holding Ltd., ADR*

     1,956        169,663  

Bilibili, Inc., Class Z*

     6,380        88,224  

JD Health International, Inc.*(b)

     16,100        83,462  

Meituan, Class B*(b)

     8,400        122,913  

PDD Holdings, Inc., ADR*

     1,344        131,806  
     

 

 

 
Total China

 

     596,068  
France – 1.2%      

Adevinta ASA*

     11,495        114,401  
Germany – 0.6%      

Delivery Hero SE*(b)

     2,166        62,308  
Netherlands – 0.7%      

Just Eat Takeaway.com NV*(b)

     5,969        74,383  
Poland – 0.8%      

Allegro.eu SA*(b)

     10,324        76,240  
United Kingdom – 1.2%      

Farfetch Ltd., Class A*(a)

     14,768        30,865  

London Stock Exchange Group PLC

     901        90,551  
     

 

 

 
Total United Kingdom

 

     121,416  
United States – 86.9%      

Activision Blizzard, Inc.

     1,709        160,014  

ACV Auctions, Inc., Class A*

     6,277        95,285  

Airbnb, Inc., Class A*

     1,126        154,498  

Alphabet, Inc., Class A*

     7,330        959,204  

Amazon.com, Inc.*

     5,486        697,380  

American Express Co.

     952        142,029  

Angi, Inc.*

     32,647        64,641  

Appian Corp., Class A*

     2,250        102,623  

Apple, Inc.

     4,807        823,006  

Atlassian Corp., Class A*

     800        161,208  

Booking Holdings, Inc.*

     59        181,953  

Bumble, Inc., Class A*

     6,244        93,160  

Cargurus, Inc.*

     5,077        88,949  

Cboe Global Markets, Inc.

     840        131,216  

CoStar Group, Inc.*

     1,425        109,568  

Coursera, Inc.*

     8,427        157,501  

DoorDash, Inc., Class A*

     1,562        124,132  

Dropbox, Inc., Class A*

     4,198        114,312  

Etsy, Inc.*

     1,247        80,531  

GoodRx Holdings, Inc., Class A*

     19,311        108,721  

Intercontinental Exchange, Inc.

     1,235        135,875  

MarketAxess Holdings, Inc.

     418        89,302  

Mastercard, Inc., Class A

     723        286,243  

Match Group, Inc.*

     2,705        105,968  

Meta Platforms, Inc., Class A*

     1,622        486,941  

Microsoft Corp.

     2,677        845,263  

Nasdaq, Inc.

     2,342      113,798  

PayPal Holdings, Inc.*

     2,122        124,052  

Pinterest, Inc., Class A*

     4,381        118,418  

Procore Technologies, Inc.*

     1,721        112,416  

ROBLOX Corp., Class A*(a)

     3,018        87,401  

Roku, Inc.*

     1,771        125,015  

Salesforce, Inc.*

     1,063        215,555  

Snap, Inc., Class A*

     10,480        93,377  

Snowflake, Inc., Class A*

     704        107,550  

Teladoc Health, Inc.*(a)

     4,562        84,808  

Tradeweb Markets, Inc., Class A

     1,626        130,405  

Uber Technologies, Inc.*

     3,161        145,374  

Unity Software, Inc.*

     2,931        92,004  

Upstart Holdings, Inc.*(a)

     3,569        101,859  

Visa, Inc., Class A

     1,529        351,685  
     

 

 

 
Total United States

 

     8,503,240  

TOTAL COMMON STOCKS

(Cost: $12,314,299)

              9,777,647  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.1%

 

United States – 1.1%      

State Street Navigator Securities Lending
Government Money Market Portfolio, 5.36%(c)

     
(Cost: $104,681)      104,681        104,681  

TOTAL INVESTMENTS IN SECURITIES – 101.0%

(Cost: $12,418,980)

        9,882,328  

Other Assets less Liabilities – (1.0)%

        (93,661
     

 

 

 
NET ASSETS – 100.0%             $ 9,788,667  

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $326,615 and the total market value of the collateral held by the Fund was $332,636. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $227,955.

 

(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, 2023.

 

See Notes to Financial Statements.

 

WisdomTree Trust      69  


Schedule of Investments (unaudited) (concluded)

WisdomTree Growth Leaders Fund (PLAT)

September 30, 2023

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 9,777,647      $      $      $ 9,777,647  

Investment of Cash Collateral for Securities Loaned

            104,681               104,681  

Total Investments in Securities

   $ 9,777,647      $ 104,681      $      $ 9,882,328  

 

See Notes to Financial Statements.

 

70   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 101.8%      
India – 101.8%      
Aerospace & Defense – 0.9%      

Bharat Dynamics Ltd.

     41,826      $ 519,442  

Bharat Electronics Ltd.

     3,089,079        5,144,668  

Hindustan Aeronautics Ltd.

     197,734        4,591,222  

Mazagon Dock Shipbuilders Ltd.

     33,950        896,244  
     

 

 

 
Total Aerospace & Defense

 

     11,151,576  
Air Freight & Logistics – 0.1%      

Allcargo Logistics Ltd.

     43,093        141,540  

Blue Dart Express Ltd.

     5,128        413,000  

TCI Express Ltd.

     6,747        117,726  

Transport Corp. of India Ltd.

     30,381        286,738  
     

 

 

 
Total Air Freight & Logistics

 

     959,004  
Automobile Components – 1.3%      

Apollo Tyres Ltd.

     283,855        1,260,135  

Asahi India Glass Ltd.

     74,837        566,045  

Automotive Axles Ltd.

     6,823        181,870  

Balkrishna Industries Ltd.

     54,916        1,691,498  

Bharat Forge Ltd.

     123,735        1,626,530  

Bosch Ltd.

     3,736        855,690  

Ceat Ltd.

     9,800        250,431  

Endurance Technologies Ltd.(a)

     19,536        374,446  

Exide Industries Ltd.

     683,020        2,143,453  

FIEM Industries Ltd.

     4,334        93,824  

Gabriel India Ltd.

     12        48  

JK Tyre & Industries Ltd.

     336,906        1,127,872  

Minda Corp. Ltd.

     17,047        68,359  

Motherson Sumi Wiring India Ltd.

     801,355        621,948  

Pricol Ltd.*

     29,642        117,349  

Samvardhana Motherson International Ltd.

     1,307,493        1,511,530  

Sansera Engineering Ltd.(a)

     18,497        209,848  

Sona Blw Precision Forgings Ltd.(a)

     93,615        657,685  

Sundram Fasteners Ltd.

     57,467        872,096  

Suprajit Engineering Ltd.

     2,268        10,551  

Tube Investments of India Ltd.

     45,389        1,633,356  

UNO Minda Ltd.

     78,364        565,686  
     

 

 

 
Total Automobile Components

 

     16,440,250  
Automobiles – 4.5%      

Bajaj Auto Ltd.

     94,738        5,776,946  

Eicher Motors Ltd.

     111,463        4,626,705  

Hero MotoCorp Ltd.

     164,329        6,049,943  

Mahindra & Mahindra Ltd.

     1,333,832        24,964,802  

Maruti Suzuki India Ltd.

     90,668        11,585,109  

Tata Motors Ltd.

     476,686        3,617,570  

TVS Motor Co. Ltd.

     128,324        2,351,644  
     

 

 

 
Total Automobiles

 

     58,972,719  
Banks – 22.4%      

AU Small Finance Bank Ltd.(a)

     143,428        1,232,350  

Axis Bank Ltd.

     1,918,678        23,953,077  

Bandhan Bank Ltd.(a)

     942,424        2,855,375  

Bank of Baroda

     3,175,180        8,180,630  

Bank of India

     2,376,233      3,130,491  

Bank of Maharashtra

     2,638,764        1,514,152  

Canara Bank

     1,379,279        6,249,349  

Central Bank of India Ltd.*

     1,497,420        925,054  

City Union Bank Ltd.

     421,220        642,676  

DCB Bank Ltd.

     619,899        930,506  

Equitas Small Finance Bank Ltd.(a)

     481,157        519,449  

Federal Bank Ltd.

     3,990,094        7,072,893  

HDFC Bank Ltd.

     4,719,052        86,736,280  

ICICI Bank Ltd.

     5,906,946        67,711,191  

IDBI Bank Ltd.

     1,415,780        1,206,225  

IDFC First Bank Ltd.*

     2,355,396        2,708,778  

Indian Bank

     793,576        4,047,616  

Indian Overseas Bank*

     1,584,898        892,255  

Jammu & Kashmir Bank Ltd.

     1,232,930        1,564,152  

Karnataka Bank Ltd.

     804,098        2,410,612  

Karur Vysya Bank Ltd.

     1,294,376        2,085,560  

Kotak Mahindra Bank Ltd.

     1,029,652        21,521,436  

Punjab National Bank

     3,139,187        3,031,780  

RBL Bank Ltd.(a)

     528,479        1,608,515  

South Indian Bank Ltd.

     2,473,250        808,619  

State Bank of India

     4,277,346        30,830,526  

UCO Bank*

     503,102        263,846  

Ujjivan Small Finance Bank Ltd.(a)

     628,675        409,571  

Union Bank of India Ltd.

     4,628,740        5,925,189  
     

 

 

 
Total Banks

 

     290,968,153  
Beverages – 0.3%      

Globus Spirits Ltd.

     18,943        200,217  

Radico Khaitan Ltd.

     62,166        901,221  

United Breweries Ltd.

     19,469        365,038  

United Spirits Ltd.*

     80,407        975,298  

Varun Beverages Ltd.

     154,938        1,764,483  
     

 

 

 
Total Beverages

 

     4,206,257  
Biotechnology – 0.1%      

Biocon Ltd.

     213,260        699,043  
Broadline Retail – 0.0%      

Shoppers Stop Ltd.*

     18,587        153,390  
Building Products – 0.2%      

Astral Ltd.

     25,558        588,604  

Blue Star Ltd.

     71,257        751,002  

Carysil Ltd.

     3,570        26,658  

Electrosteel Castings Ltd.

     21,444        18,373  

Kajaria Ceramics Ltd.

     13,320        212,068  

Prince Pipes & Fittings Ltd.*

     48,153        405,183  
     

 

 

 
Total Building Products

 

     2,001,888  
Capital Markets – 1.2%      

360 ONE WAM Ltd.

     86,525        523,164  

Anand Rathi Wealth Ltd.

     9,206        186,334  

Angel One Ltd.

     44,020        981,026  

CRISIL Ltd.

     10,105        477,516  

HDFC Asset Management Co. Ltd.(a)

     56,354        1,796,630  

ICICI Securities Ltd.(a)

     96,555        722,524  

IDFC Ltd.

     5,847,547        9,073,279  

 

See Notes to Financial Statements.

 

WisdomTree Trust      71  


Schedule of Investments (unaudited) (continued)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2023

 

 

 

Investments    Shares      Value  

Indian Energy Exchange Ltd.(a)

     240,798      $ 383,346  

Multi Commodity Exchange of India Ltd.

     21,627        533,817  

Nippon Life India Asset Management Ltd.(a)

     86,556        341,831  

Share India Securities Ltd.

     3,150        49,465  

UTI Asset Management Co. Ltd.

     85,811        813,301  
     

 

 

 
Total Capital Markets

 

     15,882,233  
Chemicals – 4.3%      

Aarti Industries Ltd.

     155,590        920,710  

Alkyl Amines Chemicals

     14,972        414,622  

Asian Paints Ltd.

     143,625        5,467,232  

Atul Ltd.

     17,707        1,502,343  

Balaji Amines Ltd.

     5,691        149,006  

Berger Paints India Ltd.*

     22,375        153,275  

Berger Paints India Ltd.

     111,876        766,374  

Bhansali Engineering Polymers Ltd.

     3,734        3,959  

Camlin Fine Sciences Ltd.*

     111,080        219,307  

Carborundum Universal Ltd.

     7,294        103,383  

Castrol India Ltd.

     321,150        535,822  

Chambal Fertilisers & Chemicals Ltd.

     329,761        1,099,385  

Chemplast Sanmar Ltd.*

     1,894        11,042  

Coromandel International Ltd.

     148,275        2,046,786  

DCM Shriram Ltd.

     117,559        1,542,443  

Deepak Fertilisers & Petrochemicals Corp. Ltd.

     170,334        1,326,715  

Deepak Nitrite Ltd.

     63,900        1,631,680  

EID Parry India Ltd.

     214,265        1,346,748  

Finolex Industries Ltd.

     369,178        995,841  

Galaxy Surfactants Ltd.

     17,074        522,698  

GHCL Ltd.

     305,274        2,262,868  

Gujarat Alkalies & Chemicals Ltd.

     41,612        367,131  

Gujarat Fluorochemicals Ltd.

     21,253        780,583  

Gujarat Narmada Valley Fertilizers &
Chemicals Ltd.

     371,932        2,741,524  

Himadri Speciality Chemical Ltd.

     287,583        842,927  

India Glycols Ltd.

     185        1,559  

Jubilant Ingrevia Ltd.

     88,727        511,850  

Kansai Nerolac Paints Ltd.

     113,728        434,759  

Kiri Industries Ltd.*

     48        157  

Linde India Ltd.

     13,323        955,218  

Manali Petrochemicals Ltd.

     87,584        69,241  

Navin Fluorine International Ltd.

     20,988        952,003  

NOCIL Ltd.

     7,417        20,351  

PCBL Ltd.

     146,260        297,218  

PI Industries Ltd.

     33,415        1,389,454  

Pidilite Industries Ltd.

     43,810        1,287,005  

Polyplex Corp. Ltd.

     43,677        608,755  

Rain Industries Ltd.

     878,835        1,735,102  

Rallis India Ltd.

     245,715        619,308  

Rashtriya Chemicals & Fertilizers Ltd.

     463,794        706,236  

Sharda Cropchem Ltd.

     50,554        255,719  

Solar Industries India Ltd.

     4,528        262,821  

SRF Ltd.

     97,138        2,631,249  

Styrenix Performance Materials Ltd.

     3,245        42,473  

Sudarshan Chemical Industries Ltd.

     124,568        718,085  

Sumitomo Chemical India Ltd.

     26,198        133,259  

Supreme Industries Ltd.

     38,196      1,895,742  

Tata Chemicals Ltd.

     301,276        3,741,223  

Thirumalai Chemicals Ltd.

     224,405        581,272  

UPL Ltd.

     989,713        7,344,671  

Valiant Organics Ltd.(a)

     707        4,022  

Vinati Organics Ltd.

     14,343        318,921  
     

 

 

 
Total Chemicals

 

     55,272,077  
Commercial Services & Supplies – 0.1%      

CMS Info Systems Ltd.

     14,818        62,472  

Indian Railway Catering & Tourism Corp. Ltd.

     126,923        1,040,634  
     

 

 

 
Total Commercial Services & Supplies

 

     1,103,106  
Communications Equipment – 0.0%      

Sterlite Technologies Ltd.

     198,267        384,519  
Construction & Engineering – 2.3%      

Ashoka Buildcon Ltd.*

     890,472        1,311,989  

Bajel Projects Ltd.*

     4        6  

Engineers India Ltd.

     64,092        113,803  

G R Infraprojects Ltd.

     43,093        626,562  

HG Infra Engineering Ltd.

     6,950        78,868  

IRB Infrastructure Developers Ltd.

     2,214,260        842,601  

J Kumar Infraprojects Ltd.

     39,472        205,533  

Kalpataru Projects International Ltd.

     77,979        593,050  

KEC International Ltd.

     114,768        915,615  

KNR Constructions Ltd.

     229,888        786,214  

Larsen & Toubro Ltd.

     464,541        16,914,039  

NBCC India Ltd.

     1,282,837        903,719  

NCC Ltd.

     1,172,775        2,189,740  

PNC Infratech Ltd.

     179,526        790,279  

Power Mech Projects Ltd.

     336        16,986  

Praj Industries Ltd.

     14,569        102,915  

PSP Projects Ltd.

     11,340        108,967  

Rail Vikas Nigam Ltd.

     929,933        1,897,577  

Voltas Ltd.

     90,093        936,610  

Welspun Enterprises Ltd.

     215,844        737,924  
     

 

 

 
Total Construction & Engineering

 

     30,072,997  
Construction Materials – 2.3%      

ACC Ltd.

     58,440        1,416,114  

Ambuja Cements Ltd.

     550,672        2,816,979  

Dalmia Bharat Ltd.

     71,619        2,073,634  

Grasim Industries Ltd.

     538,616        12,598,651  

JK Cement Ltd.

     23,214        888,808  

JK Lakshmi Cement Ltd.

     115,754        899,715  

Orient Cement Ltd.

     406,093        871,688  

Ramco Cements Ltd.

     90,979        997,204  

Shree Cement Ltd.

     697        213,739  

UltraTech Cement Ltd.

     70,563        7,014,429  
     

 

 

 
Total Construction Materials

 

     29,790,961  
Consumer Finance – 0.3%      

Cholamandalam Financial Holdings Ltd.

     144,677        2,021,771  

SBI Cards & Payment Services Ltd.

     200,562        1,910,672  
     

 

 

 
Total Consumer Finance

 

     3,932,443  

 

See Notes to Financial Statements.

 

72   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2023

 

 

 

Investments    Shares      Value  
Consumer Staples Distribution & Retail – 0.1%

 

  

Avenue Supermarts Ltd.*(a)

     38,333      $ 1,696,708  

Medplus Health Services Ltd.*

     14,108        130,621  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     1,827,329  
Containers & Packaging – 0.0%      

AGI Greenpac Ltd.

     31,829        343,372  

EPL Ltd.

     11,499        25,853  

Time Technoplast Ltd.

     22,734        41,298  

Uflex Ltd.

     34,139        189,192  
     

 

 

 
Total Containers & Packaging

 

     599,715  
Diversified Telecommunication Services – 0.5%

 

  

HFCL Ltd.

     639,372        594,013  

Indus Towers Ltd.*

     1,201,386        2,773,389  

Railtel Corp. of India Ltd.

     949        2,559  

Tata Communications Ltd.

     125,110        2,911,882  
     

 

 

 
Total Diversified Telecommunication Services

 

     6,281,843  
Electric Utilities – 2.8%      

Adani Energy Solutions Ltd.*

     36,397        355,133  

CESC Ltd.

     2,000,321        2,166,741  

Power Grid Corp. of India Ltd.

     10,717,993        25,781,394  

SJVN Ltd.

     254,090        223,825  

Tata Power Co. Ltd.

     1,673,387        5,285,679  

Torrent Power Ltd.

     272,441        2,422,864  
     

 

 

 
Total Electric Utilities

 

     36,235,636  
Electrical Equipment – 1.3%      

ABB India Ltd.

     3,806        187,834  

Amara Raja Batteries Ltd.

     131,096        1,006,254  

Bharat Heavy Electricals Ltd.

     43,752        69,020  

CG Power & Industrial Solutions Ltd.

     130,954        697,338  

Finolex Cables Ltd.

     110,520        1,491,944  

Havells India Ltd.

     119,168        1,993,207  

HEG Ltd.

     23,271        482,928  

KEI Industries Ltd.

     74,197        2,370,623  

Polycab India Ltd.

     24,117        1,551,739  

Suzlon Energy Ltd.*

     22,546,717        7,005,016  
     

 

 

 
Total Electrical Equipment

 

     16,855,903  
Electronic Equipment, Instruments & Components – 0.2%

 

  

Redington Ltd.

     1,390,541        2,592,154  
Entertainment – 0.1%      

Saregama India Ltd.

     156,023        680,993  
Financial Services – 0.5%      

Aditya Birla Capital Ltd.*

     1,005,870        2,179,716  

Bajaj Finserv Ltd.

     208,509        3,867,427  

Infibeam Avenues Ltd.

     782,653        167,291  
     

 

 

 
Total Financial Services

 

     6,214,434  
Food Products – 1.5%      

Adani Wilmar Ltd.*

     80,111        325,494  

Avanti Feeds Ltd.

     54,175        287,898  

Balrampur Chini Mills Ltd.

     250,487        1,317,571  

Britannia Industries Ltd.

     66,224        3,618,301  

CCL Products India Ltd.

     89,395        695,105  

Dalmia Bharat Sugar & Industries Ltd.

     8      43  

Dhampur Sugar Mills Ltd.

     48,263        177,293  

Dwarikesh Sugar Industries Ltd.

     89,844        113,007  

Godrej Agrovet Ltd.(a)

     2,312        13,371  

Gujarat Ambuja Exports Ltd.

     126,698        531,257  

Kaveri Seed Co. Ltd.*

     58,377        423,199  

KRBL Ltd.

     139,927        683,364  

LT Foods Ltd.

     511,138        1,023,922  

Marico Ltd.

     291,437        1,971,136  

Mrs Bectors Food Specialities Ltd.

     41,521        521,355  

Nestle India Ltd.

     8,896        2,411,107  

Patanjali Foods Ltd.

     46,245        690,073  

Tata Coffee Ltd.

     47,434        146,829  

Tata Consumer Products Ltd.

     191,355        2,020,672  

Triveni Engineering & Industries Ltd.

     467,084        2,135,707  

Vadilal Industries Ltd.

     3,117        96,393  

Venky’s India Ltd.

     7,422        174,701  

Zydus Wellness Ltd.

     1,506        28,427  
     

 

 

 
Total Food Products

 

     19,406,225  
Gas Utilities – 1.1%      

Adani Total Gas Ltd.

     15,600        115,204  

GAIL India Ltd.

     5,202,930        7,794,253  

Gujarat Gas Ltd.

     146,118        744,128  

Gujarat State Petronet Ltd.

     602,650        2,047,992  

Indraprastha Gas Ltd.

     343,762        1,882,922  

Mahanagar Gas Ltd.

     116,410        1,442,276  
     

 

 

 
Total Gas Utilities

 

     14,026,775  
Ground Transportation – 0.1%      

Container Corp. of India Ltd.

     146,177        1,260,723  

VRL Logistics Ltd.

     19,636        170,488  
     

 

 

 
Total Ground Transportation

 

     1,431,211  
Health Care Equipment & Supplies – 0.0%

 

  

Poly Medicure Ltd.

     13,185        218,183  
Health Care Providers & Services – 0.5%      

Apollo Hospitals Enterprise Ltd.

     26,179        1,619,691  

Aster DM Healthcare Ltd.*(a)

     123,662        488,297  

Dr. Lal PathLabs Ltd.(a)

     6,884        209,265  

Fortis Healthcare Ltd.

     223,024        913,004  

Krsnaa Diagnostics Ltd.

     1,979        16,239  

Max Healthcare Institute Ltd.

     334,260        2,283,915  

Metropolis Healthcare Ltd.(a)

     27,666        486,346  

Narayana Hrudayalaya Ltd.

     34,287        448,193  

Rainbow Children’s Medicare Ltd.

     993        12,297  

Thyrocare Technologies Ltd.(a)

     25,676        175,716  

Vijaya Diagnostic Centre Pvt Ltd.

     906        5,446  
     

 

 

 
Total Health Care Providers & Services

 

     6,658,409  
Hotels, Restaurants & Leisure – 0.3%      

Delta Corp. Ltd.

     320        550  

Devyani International Ltd.*

     82,268        212,354  

Easy Trip Planners Ltd.*

     390,924        190,893  

EIH Ltd.

     50,764        136,353  

Indian Hotels Co. Ltd.

     331,954        1,643,355  

 

See Notes to Financial Statements.

 

WisdomTree Trust      73  


Schedule of Investments (unaudited) (continued)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2023

 

 

 

Investments    Shares      Value  

Jubilant Foodworks Ltd.

     167,990      $ 1,078,446  

Lemon Tree Hotels Ltd.*(a)

     82,385        112,851  

Mahindra Holidays & Resorts India Ltd.*

     1,725        8,228  

Sapphire Foods India Ltd.*

     30,364        531,435  

Westlife Foodworld Ltd.

     12,795        144,042  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     4,058,507  
Household Durables – 0.3%      

Amber Enterprises India Ltd.*

     508        18,210  

Bajaj Electricals Ltd.

     4        53  

Crompton Greaves Consumer Electricals Ltd.

     377,208        1,407,468  

Dixon Technologies India Ltd.

     13,298        847,006  

LA Opala RG Ltd.

     9,027        46,765  

Orient Electric Ltd.

     77,405        206,793  

Symphony Ltd.

     12,040        127,582  

TTK Prestige Ltd.

     26,761        252,395  

Whirlpool of India Ltd.

     24,887        487,019  
     

 

 

 
Total Household Durables

 

     3,393,291  
Household Products – 0.0%      

Jyothy Labs Ltd.

     48,561        210,814  
Independent Power & Renewable Electricity Producers – 3.1%

 

Adani Green Energy Ltd.*

     52,049        618,731  

Adani Power Ltd.*

     1,359,757        6,180,546  

JSW Energy Ltd.

     320,668        1,689,042  

KPI Green Energy Ltd.(a)

     9,010        89,285  

NHPC Ltd.

     6,466,152        4,111,364  

NLC India Ltd.

     152,357        247,595  

NTPC Ltd.

     9,385,254        27,751,860  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     40,688,423  
Industrial Conglomerates – 0.4%      

Apar Industries Ltd.

     14,007        923,927  

Godrej Industries Ltd.*

     57,804        396,526  

Nava Ltd.

     369,770        2,013,355  

Siemens Ltd.

     35,244        1,558,666  
     

 

 

 
Total Industrial Conglomerates

 

     4,892,474  
Insurance – 1.1%      

General Insurance Corp. of India(a)

     857,111        2,326,468  

HDFC Life Insurance Co. Ltd.(a)

     198,638        1,524,687  

ICICI Lombard General Insurance Co. Ltd.(a)

     183,846        2,899,228  

ICICI Prudential Life Insurance Co. Ltd.(a)

     113,191        771,770  

Life Insurance Corp. of India

     425,294        3,327,681  

Max Financial Services Ltd.*

     60,264        660,216  

New India Assurance Co. Ltd.(a)

     421,174        712,597  

SBI Life Insurance Co. Ltd.(a)

     119,909        1,884,957  

Star Health & Allied Insurance Co. Ltd.*

     34,363        248,677  
     

 

 

 
Total Insurance

 

     14,356,281  
Interactive Media & Services – 0.1%      

Brightcom Group Ltd.

     3,626,189        825,312  

Just Dial Ltd.*

     85,481        750,830  
     

 

 

 
Total Interactive Media & Services

 

     1,576,142  
IT Services – 12.0%      

Cigniti Technologies Ltd.

     51        481  

Coforge Ltd.

     26,767      1,645,337  

Happiest Minds Technologies Ltd.

     786        8,280  

HCL Technologies Ltd.

     1,258,641        18,715,637  

Infosys Ltd.

     3,804,928        65,771,937  

LTIMindtree Ltd.(a)

     56,933        3,571,868  

Mphasis Ltd.

     101,969        2,918,303  

Persistent Systems Ltd.

     32,949        2,300,007  

Sonata Software Ltd.

     99,095        1,262,297  

Tata Consultancy Services Ltd.

     910,399        38,684,797  

Tech Mahindra Ltd.

     718,696        10,582,951  

Wipro Ltd.

     1,788,968        8,747,586  

Zensar Technologies Ltd.

     181,571        1,131,303  
     

 

 

 
Total IT Services

 

     155,340,784  
Life Sciences Tools & Services – 0.3%      

Divi’s Laboratories Ltd.

     57,119        2,589,817  

Syngene International Ltd.(a)

     83,326        806,907  

Tarsons Products Ltd.*

     68,089        431,289  
     

 

 

 
Total Life Sciences Tools & Services

 

     3,828,013  
Machinery – 0.9%      

AIA Engineering Ltd.

     39,712        1,679,844  

Ashok Leyland Ltd.

     622,019        1,325,815  

Cochin Shipyard Ltd.(a)

     65,217        852,308  

Cummins India Ltd.

     109,112        2,228,852  

Elgi Equipments Ltd.

     127,295        783,318  

Escorts Kubota Ltd.

     22,762        873,051  

Grindwell Norton Ltd.

     17,142        429,091  

Hle Glascoat Ltd.

     13,170        88,964  

ISGEC Heavy Engineering Ltd.

     5,442        47,673  

Jamna Auto Industries Ltd.

     274,764        386,960  

Kirloskar Brothers Ltd.

     39        394  

Kirloskar Oil Engines Ltd.

     21,613        140,519  

LG Balakrishnan & Bros Ltd.

     20,864        267,241  

Schaeffler India Ltd.

     9,229        368,410  

SKF India Ltd.

     19,839        1,221,189  

Thermax Ltd.

     28,118        1,053,224  

Timken India Ltd.

     11,285        420,667  
     

 

 

 
Total Machinery

 

     12,167,520  
Marine Transportation – 0.1%      

Shipping Corp. of India Ltd.*

     519,128        166,601  

Shipping Corp. of India Ltd.

     676,340        1,189,116  
     

 

 

 
Total Marine Transportation

 

     1,355,717  
Media – 0.1%      

Affle India Ltd.*

     24,896        331,852  

Hathway Cable & Datacom Ltd.*

     24,642        5,935  

Sun TV Network Ltd.

     107,186        790,136  

TV18 Broadcast Ltd.*

     560,109        294,417  

Zee Entertainment Enterprises Ltd.*

     143,724        457,871  
     

 

 

 
Total Media

 

     1,880,211  
Metals & Mining – 7.1%      

APL Apollo Tubes Ltd.

     94,338        1,846,062  

Godawari Power & Ispat Ltd.

     19,690        150,222  

Hindalco Industries Ltd.

     3,774,528        22,392,741  

 

See Notes to Financial Statements.

 

74   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2023

 

 

 

Investments    Shares      Value  

Hindustan Zinc Ltd.

     516,629      $ 1,920,221  

Jindal Saw Ltd.

     261,765        1,092,562  

Jindal Stainless Ltd.

     613,291        3,514,332  

Jindal Steel & Power Ltd.

     558,532        4,717,251  

JSW Steel Ltd.

     624,553        5,863,369  

Kirloskar Ferrous Industries Ltd.

     96,368        557,380  

Maharashtra Seamless Ltd.

     20,853        154,236  

Maithan Alloys Ltd.

     10,240        127,789  

Mishra Dhatu Nigam Ltd.(a)

     3,483        17,142  

National Aluminium Co. Ltd.

     2,442,405        2,858,841  

NMDC Ltd.

     4,414,120        7,864,393  

Ramkrishna Forgings Ltd.

     63,962        495,844  

Ratnamani Metals & Tubes Ltd.

     17,123        536,271  

Sandur Manganese & Iron Ores Ltd.

     35,906        652,970  

Sarda Energy & Minerals Ltd.

     420,994        1,116,854  

Shyam Metalics & Energy Ltd.

     1,956        10,397  

Steel Authority of India Ltd.

     2,767,419        3,127,630  

Sunflag Iron & Steel Co. Ltd.*

     177,818        426,765  

Surya Roshni Ltd.

     62,548        739,508  

Tata Metaliks Ltd.

     67,350        781,724  

Tata Steel Ltd.

     12,804,780        19,876,099  

Tinplate Co. of India Ltd.

     152,910        741,521  

Usha Martin Ltd.

     228,961        947,924  

Vedanta Ltd.

     3,139,233        8,413,124  

Welspun Corp. Ltd.

     226,643        1,074,109  
     

 

 

 
Total Metals & Mining

 

     92,017,281  
Office REITs – 0.0%      

Mindspace Business Parks REIT(a)

     26,087        98,236  
Oil, Gas & Consumable Fuels – 16.1%      

Aegis Logistics Ltd.

     296,537        1,176,274  

Bharat Petroleum Corp. Ltd.

     888,865        3,709,971  

Coal India Ltd.

     8,886,102        31,588,847  

Great Eastern Shipping Co. Ltd.

     519,272        5,297,695  

Hindustan Oil Exploration Co. Ltd.*

     34,396        71,533  

Indian Oil Corp. Ltd.

     8,270,737        9,058,432  

Mangalore Refinery & Petrochemicals Ltd.*

     339,403        390,733  

Investments

     Shares        Value  

Oil & Natural Gas Corp. Ltd.

     16,159,575        37,333,427  

Oil India Ltd.

     2,770,876        9,971,867  

Petronet LNG Ltd.

     1,993,894        5,761,412  

Reliance Industries Ltd.

     3,706,580        104,670,030  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     209,030,221  
Paper & Forest Products – 0.2%      

Century Plyboards India Ltd.

     59,118        460,820  

Century Textiles & Industries Ltd.

     478        6,430  

JK Paper Ltd.

     223,007        1,055,266  

Tamil Nadu Newsprint & Papers Ltd.

     5,709        18,201  

West Coast Paper Mills Ltd.

     81,454        689,857  
     

 

 

 
Total Paper & Forest Products

 

     2,230,574  
Personal Care Products – 1.5%      

Bajaj Consumer Care Ltd.

     2,583        7,005  

Colgate-Palmolive India Ltd.

     78,634        1,899,109  

Dabur India Ltd.

     233,619      1,551,810  

Emami Ltd.

     121,296        786,499  

Godrej Consumer Products Ltd.*

     199,520        2,382,479  

Hindustan Unilever Ltd.

     416,636        12,370,451  
     

 

 

 
Total Personal Care Products

 

     18,997,353  
Pharmaceuticals – 3.8%      

Aarti Drugs Ltd.

     119,478        780,609  

Aarti Pharmalabs Ltd.*

     21,012        116,888  

Aether Industries Ltd.*

     11,584        135,096  

Ajanta Pharma Ltd.

     21,652        469,302  

Alembic Pharmaceuticals Ltd.

     92,264        871,573  

Alkem Laboratories Ltd.

     21,376        928,210  

AMI Organics Ltd.

     2,190        32,524  

Aurobindo Pharma Ltd.

     352,081        3,876,691  

Caplin Point Laboratories Ltd.

     638        7,920  

Cipla Ltd.

     372,777        5,324,696  

Dr. Reddy’s Laboratories Ltd.

     154,463        10,392,242  

FDC Ltd.*

     31,650        146,223  

Gland Pharma Ltd.*(a)

     50,282        1,014,283  

GlaxoSmithKline Pharmaceuticals Ltd.

     35,832        668,064  

Glenmark Life Sciences Ltd.

     21,008        156,331  

Glenmark Pharmaceuticals Ltd.

     131,556        1,355,304  

Granules India Ltd.

     220,914        943,739  

Hikal Ltd.

     39,605        140,886  

Indoco Remedies Ltd.

     428        1,747  

IOL Chemicals & Pharmaceuticals Ltd.

     86,700        497,651  

Ipca Laboratories Ltd.

     82,215        926,340  

JB Chemicals & Pharmaceuticals Ltd.

     36,574        652,764  

Laurus Labs Ltd.(a)

     383,443        1,825,760  

Lupin Ltd.

     16,337        230,424  

Marksans Pharma Ltd.

     6,048        8,015  

Natco Pharma Ltd.

     93,764        985,783  

Neuland Laboratories Ltd.

     13,188        585,749  

Sun Pharmaceutical Industries Ltd.

     867,132        12,098,836  

Supriya Lifescience Ltd.

     49,827        168,548  

Suven Pharmaceuticals Ltd.*

     159,939        1,081,170  

Torrent Pharmaceuticals Ltd.

     44,352        1,030,325  

Zydus Lifesciences Ltd.

     308,032        2,281,272  
     

 

 

 
Total Pharmaceuticals

 

     49,734,965  
Professional Services – 0.3%      

Computer Age Management Services Ltd.

     16,705        505,035  

Datamatics Global Services Ltd.

     2,656        19,306  

eClerx Services Ltd.

     28,837        625,678  

Firstsource Solutions Ltd.

     693,807        1,399,875  

L&T Technology Services Ltd.(a)

     22,082        1,216,818  

Quess Corp. Ltd.(a)

     77,816        391,838  

RITES Ltd.

     24,100        142,932  

TeamLease Services Ltd.*

     5,851        183,056  
     

 

 

 
Total Professional Services

 

     4,484,538  
Real Estate Management & Development – 0.7%

 

  

Brigade Enterprises Ltd.

     26,466        180,979  

DLF Ltd.

     360,695        2,305,998  

Godrej Properties Ltd.*

     27,026        505,786  

 

See Notes to Financial Statements.

 

WisdomTree Trust      75  


Schedule of Investments (unaudited) (continued)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2023

 

 

 

Investments    Shares      Value  

Macrotech Developers Ltd.(a)

     12,601      $ 121,388  

Mahindra Lifespace Developers Ltd.

     1,302        8,624  

NESCO Ltd.

     33,973        280,915  

Oberoi Realty Ltd.

     131,457        1,827,374  

Phoenix Mills Ltd.

     84,036        1,836,084  

Prestige Estates Projects Ltd.

     163,873        1,189,166  

Sobha Ltd.

     61,573        523,222  
     

 

 

 
Total Real Estate Management & Development

 

     8,779,536  
Semiconductors & Semiconductor Equipment – 0.0%

 

  

Borosil Renewables Ltd.*

     2,139        11,044  
Software – 0.6%      

Birlasoft Ltd.

     217,239        1,264,462  

Cyient Ltd.

     90,196        1,840,279  

Intellect Design Arena Ltd.

     4,340        36,914  

KPIT Technologies Ltd.

     56,419        782,883  

Newgen Software Technologies Ltd.

     72,782        789,292  

Oracle Financial Services Software Ltd.

     43,473        2,152,075  

Route Mobile Ltd.

     1,739        33,308  

Tanla Platforms Ltd.

     2,000        24,990  

Tata Elxsi Ltd.

     12,519        1,089,539  
     

 

 

 
Total Software

 

     8,013,742  
Specialized REITs – 0.0%      

Digidrive Distributors Ltd.*

     34,399        37,178  
Specialty Retail – 0.0%      

Go Fashion India Ltd.*

     2,361        36,070  

Metro Brands Ltd.

     11,095        150,476  

Trent Ltd.

     10,528        263,722  
     

 

 

 
Total Specialty Retail

 

     450,268  
Textiles, Apparel & Luxury Goods – 1.1%

 

  

Arvind Ltd.

     172,464        360,437  

Bata India Ltd.

     47,068        911,645  

Campus Activewear Ltd.*

     51,010        177,341  

Gokaldas Exports Ltd.

     31,369        286,922  

Indo Count Industries Ltd.

     3,829        10,303  

Kalyan Jewellers India Ltd.

     27,080        74,205  

KPR Mill Ltd.

     71,949        652,504  

LUX Industries Ltd.

     41,674        748,731  

Monte Carlo Fashions Ltd.

     19,733        189,426  

Page Industries Ltd.

     2,099        985,247  

Rajesh Exports Ltd.*

     335,806        2,030,415  

Raymond Ltd.

     18,944        412,512  

Relaxo Footwears Ltd.

     75,274        816,408  

Rupa & Co. Ltd.

     41,020        128,433  

Siyaram Silk Mills Ltd.

     33,250        228,290  

Titan Co. Ltd.

     111,636        4,233,070  

Trident Ltd.

     638,360        289,425  

Vaibhav Global Ltd.

     4,818        25,549  

Vardhman Textiles Ltd.

     149,771        673,003  

Vedant Fashions Ltd.

     16,430        264,837  

VIP Industries Ltd.

     9,060        71,587  

Welspun India Ltd.

     520,912        761,847  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     14,332,137  
Tobacco – 1.1%      

Godfrey Phillips India Ltd.

     11,734      307,688  

ITC Ltd.

     2,694,543        14,420,001  
     

 

 

 
Total Tobacco

 

     14,727,689  
Trading Companies & Distributors – 0.2%      

Adani Enterprises Ltd.

     71,602        2,081,376  

IndiaMart InterMesh Ltd.(a)

     7,736        267,952  

MMTC Ltd.*

     263,237        185,125  

MSTC Ltd.

     46,891        243,289  
     

 

 

 
Total Trading Companies & Distributors

 

     2,777,742  
Transportation Infrastructure – 0.5%      

Adani Ports & Special Economic Zone Ltd.

     654,437        6,502,897  

Dreamfolks Services Ltd.

     18,500        112,304  

Gujarat Pipavav Port Ltd.

     166,822        249,606  
     

 

 

 
Total Transportation Infrastructure

 

     6,864,807  
Wireless Telecommunication Services – 0.9%      

Bharti Airtel Ltd.

     1,044,744        11,655,061  

TOTAL COMMON STOCKS

(Cost: $920,774,496)

 

 

     1,323,009,975  
EXCHANGE-TRADED FUND –0.0%      
United States – 0.0%      

WisdomTree India ex-State-Owned Enterprises Fund(b)

 

(Cost: $26,901)      1,100        36,927  

TOTAL INVESTMENTS IN SECURITIES – 101.8%

(Cost: $920,801,397)

 

 

     1,323,046,902  

Other Assets less Liabilities – (1.8)%

 

     (23,910,528
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,299,136,374  
* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $203,785, which represents 0.02% 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) 

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

 

See Notes to Financial Statements.

 

76   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree India Earnings Fund (EPI) (consolidated)

September 30, 2023

 

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, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree India ex-State-Owned Enterprises Fund

  $ 32,913     $     $     $     $ 4,014     $ 36,927     $ 99  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

           

Construction & Engineering

   $ 30,072,991      $      $ 6 *     $ 30,072,997  

Marine Transportation

     1,189,116               166,601 *       1,355,717  

Specialized REITs

                   37,178 *       37,178  

Other

     1,291,544,083                      1,291,544,083  

Exchange-Traded Fund

     36,927                      36,927  

Total Investments in Securities

   $ 1,322,843,117      $      $ 203,785      $ 1,323,046,902  

 

* 

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

See Notes to Financial Statements.

 

WisdomTree Trust      77  


Schedule of Investments (unaudited)

WisdomTree India ex-State-Owned Enterprises Fund (IXSE)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 103.2%      
India – 103.2%      
Automobile Components – 3.0%      

Apollo Tyres Ltd.

     2,666      $ 11,835  

Balkrishna Industries Ltd.

     647        19,929  

Bharat Forge Ltd.

     1,918        25,213  

Bosch Ltd.

     73        16,720  

Motherson Sumi Wiring India Ltd.

     15,084        11,707  

MRF Ltd.

     20        25,842  

Samvardhana Motherson International Ltd.

     16,681        19,284  

Sona Blw Precision Forgings Ltd.(a)

     3,034        21,315  

Sundram Fasteners Ltd.

     833        12,641  

Tube Investments of India Ltd.

     832        29,940  

UNO Minda Ltd.

     1,560        11,261  
     

 

 

 
Total Automobile Components

 

     205,687  
Automobiles – 8.4%      

Bajaj Auto Ltd.

     580        35,367  

Eicher Motors Ltd.

     1,229        51,015  

Hero MotoCorp Ltd.

     1,065        39,209  

Mahindra & Mahindra Ltd.

     8,165        152,821  

Maruti Suzuki India Ltd.

     1,100        140,553  

Tata Motors Ltd.

     14,919        113,220  

TVS Motor Co. Ltd.

     1,866        34,196  
     

 

 

 
Total Automobiles

 

     566,381  
Banks – 15.1%      

AU Small Finance Bank Ltd.(a)

     2,875        24,702  

Axis Bank Ltd.

     21,050        262,792  

Bandhan Bank Ltd.(a)

     6,477        19,624  

Federal Bank Ltd.

     12,465        22,096  

ICICI Bank Ltd.

     41,696        477,960  

IDFC First Bank Ltd.*

     23,119        26,588  

Kotak Mahindra Bank Ltd.

     8,946        186,986  
     

 

 

 
Total Banks

 

     1,020,748  
Beverages – 1.4%      

Radico Khaitan Ltd.

     666        9,655  

United Breweries Ltd.

     609        11,418  

United Spirits Ltd.*

     2,616        31,731  

Varun Beverages Ltd.

     3,834        43,663  
     

 

 

 
Total Beverages

 

     96,467  
Biotechnology – 0.2%      

Biocon Ltd.

     3,739        12,256  
Building Products – 0.5%      

Astral Ltd.

     1,071        24,665  

Kajaria Ceramics Ltd.

     718        11,432  
     

 

 

 
Total Building Products

 

     36,097  
Capital Markets – 0.6%      

HDFC Asset Management Co. Ltd.(a)

     749        23,879  

IDFC Ltd.

     9,782        15,178  
     

 

 

 
Total Capital Markets

 

     39,057  
Chemicals – 5.4%      

Aarti Industries Ltd.

     1,601        9,474  

Asian Paints Ltd.

     3,850      146,554  

Atul Ltd.

     145        12,302  

Berger Paints India Ltd.*

     408        2,794  

Berger Paints India Ltd.

     2,039        13,968  

Carborundum Universal Ltd.

     874        12,388  

Coromandel International Ltd.

     1,015        14,011  

Deepak Nitrite Ltd.

     555        14,172  

Gujarat Fluorochemicals Ltd.

     300        11,018  

Navin Fluorine International Ltd.

     279        12,655  

PI Industries Ltd.

     685        28,484  

Solar Industries India Ltd.

     195        11,318  

SRF Ltd.

     1,197        32,424  

Supreme Industries Ltd.

     593        29,432  

Tata Chemicals Ltd.

     1,214        15,075  
     

 

 

 
Total Chemicals

 

     366,069  
Construction & Engineering – 0.3%      

Voltas Ltd.

     1,932        20,085  
Construction Materials – 4.3%      

ACC Ltd.

     746        18,077  

Ambuja Cements Ltd.

     6,245        31,947  

Dalmia Bharat Ltd.

     726        21,020  

Grasim Industries Ltd.

     3,140        73,447  

JK Cement Ltd.

     286        10,950  

Ramco Cements Ltd.

     1,163        12,747  

Shree Cement Ltd.

     85        26,066  

UltraTech Cement Ltd.

     978        97,220  
     

 

 

 
Total Construction Materials

 

     291,474  
Consumer Staples Distribution & Retail – 0.8%      

Avenue Supermarts Ltd.*(a)

     1,221        54,044  
Diversified Telecommunication Services – 0.2%      

Indus Towers Ltd.*

     6,320        14,590  
Electrical Equipment – 1.6%      

ABB India Ltd.

     411        20,284  

CG Power & Industrial Solutions Ltd.

     4,868        25,922  

Havells India Ltd.

     2,214        37,031  

Polycab India Ltd.

     359        23,099  
     

 

 

 
Total Electrical Equipment

 

     106,336  
Electronic Equipment, Instruments & Components – 0.3%

 

Honeywell Automation India Ltd.

     20        9,599  

Redington Ltd.

     4,849        9,039  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     18,638  
Entertainment – 0.2%      

PVR Inox Ltd.*

     552        11,413  
Financial Services – 1.8%      

Bajaj Finserv Ltd.

     3,131        58,074  

Jio Financial Services Ltd.*

     22,301        62,089  
     

 

 

 
Total Financial Services

 

     120,163  
Food Products – 3.5%      

Britannia Industries Ltd.

     1,017        55,566  

Marico Ltd.

     4,509        30,497  

Nestle India Ltd.

     305        82,665  

 

See Notes to Financial Statements.

 

78   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree India ex-State-Owned Enterprises Fund (IXSE)

September 30, 2023

 

 

 

Investments    Shares      Value  

Patanjali Foods Ltd.

     716      $ 10,684  

Tata Consumer Products Ltd.

     5,435        57,393  
     

 

 

 
Total Food Products

 

     236,805  
Gas Utilities – 0.4%      

Adani Total Gas Ltd.

     2,282        16,852  

Gujarat Gas Ltd.

     1,645        8,378  
     

 

 

 
Total Gas Utilities

 

     25,230  
Health Care Providers & Services – 1.8%      

Apollo Hospitals Enterprise Ltd.

     855        52,899  

Dr. Lal PathLabs Ltd.(a)

     267        8,116  

Fortis Healthcare Ltd.

     4,295        17,583  

Max Healthcare Institute Ltd.

     6,068        41,461  
     

 

 

 
Total Health Care Providers & Services

 

     120,059  
Hotels, Restaurants & Leisure – 1.6%      

Indian Hotels Co. Ltd.

     7,370        36,486  

Jubilant Foodworks Ltd.

     2,938        18,861  

Zomato Ltd.*

     41,222        50,385  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     105,732  
Household Durables – 0.5%      

Crompton Greaves Consumer Electricals Ltd.

     5,012        18,701  

Dixon Technologies India Ltd.

     276        17,580  
     

 

 

 
Total Household Durables

 

     36,281  
Independent Power & Renewable Electricity Producers – 0.6%

 

Adani Green Energy Ltd.*

     3,330        39,585  
Industrial Conglomerates – 0.5%      

Siemens Ltd.

     744        32,903  
Insurance – 2.1%      

HDFC Life Insurance Co. Ltd.(a)

     8,159        62,626  

ICICI Lombard General Insurance Co. Ltd.(a)

     2,023        31,902  

ICICI Prudential Life Insurance Co. Ltd.(a)

     3,490        23,796  

Max Financial Services Ltd.*

     1,916        20,991  
     

 

 

 
Total Insurance

 

     139,315  
Interactive Media & Services – 0.4%      

Info Edge India Ltd.

     596        29,895  
IT Services – 12.4%      

Coforge Ltd.

     402        24,710  

HCL Technologies Ltd.

     8,717        129,619  

Infosys Ltd.

     29,031        501,830  

Mphasis Ltd.

     669        19,146  

Persistent Systems Ltd.

     391        27,294  

Tech Mahindra Ltd.

     5,267        77,558  

Wipro Ltd.

     11,292        55,215  
     

 

 

 
Total IT Services

 

     835,372  
Life Sciences Tools & Services – 0.7%      

Divi’s Laboratories Ltd.

     1,075        48,741  
Machinery – 1.6%      

Ashok Leyland Ltd.

     12,286        26,187  

Cummins India Ltd.

     1,117        22,817  

Elgi Equipments Ltd.

     1,795        11,046  

Grindwell Norton Ltd.

     394      9,862  

Schaeffler India Ltd.

     318        12,694  

SKF India Ltd.

     192        11,819  

Thermax Ltd.

     333        12,473  
     

 

 

 
Total Machinery

 

     106,898  
Media – 0.4%      

Zee Entertainment Enterprises Ltd.*

     7,609        24,240  
Metals & Mining – 3.3%      

APL Apollo Tubes Ltd.

     1,394        27,278  

JSW Steel Ltd.

     7,577        71,134  

Tata Steel Ltd.

     64,930        100,787  

Vedanta Ltd.

     8,640        23,155  
     

 

 

 
Total Metals & Mining

 

     222,354  
Oil, Gas & Consumable Fuels – 9.2%      

Reliance Industries Ltd.

     22,131        624,957  
Passenger Airlines – 0.4%      

InterGlobe Aviation Ltd.*(a)

     892        25,578  
Personal Care Products – 5.2%      

Colgate-Palmolive India Ltd.

     1,149        27,750  

Dabur India Ltd.

     5,412        35,949  

Emami Ltd.

     1,820        11,801  

Godrej Consumer Products Ltd.*

     3,460        41,316  

Hindustan Unilever Ltd.

     7,846        232,958  
     

 

 

 
Total Personal Care Products

 

     349,774  
Pharmaceuticals – 5.7%      

Aarti Pharmalabs Ltd.*

     374        2,080  

Alkem Laboratories Ltd.

     305        13,244  

Aurobindo Pharma Ltd.

     2,237        24,631  

Cipla Ltd.

     4,535        64,777  

Dr. Reddy’s Laboratories Ltd.

     1,028        69,164  

Ipca Laboratories Ltd.

     1,116        12,574  

Laurus Labs Ltd.(a)

     2,970        14,142  

Lupin Ltd.

     2,010        28,350  

Sun Pharmaceutical Industries Ltd.

     8,836        123,286  

Torrent Pharmaceuticals Ltd.

     770        17,888  

Zydus Lifesciences Ltd.

     1,980        14,664  
     

 

 

 
Total Pharmaceuticals

 

     384,800  
Professional Services – 0.1%      

Computer Age Management Services Ltd.

     281        8,495  
Real Estate Management & Development – 1.5%

 

DLF Ltd.

     5,218        33,360  

Godrej Properties Ltd.*

     1,006        18,827  

Macrotech Developers Ltd.(a)

     1,942        18,707  

Oberoi Realty Ltd.

     1,042        14,485  

Phoenix Mills Ltd.

     788        17,217  
     

 

 

 
Total Real Estate Management & Development

 

     102,596  
Software – 0.6%      

KPIT Technologies Ltd.

     1,321        18,331  

Tata Elxsi Ltd.

     293        25,500  
     

 

 

 
Total Software

 

     43,831  

 

See Notes to Financial Statements.

 

WisdomTree Trust      79  


Schedule of Investments (unaudited) (concluded)

WisdomTree India ex-State-Owned Enterprises Fund (IXSE)

September 30, 2023

 

 

 

Investments    Shares      Value  
Specialty Retail – 0.7%      

Aditya Birla Fashion & Retail Ltd.*

     3,122      $ 8,055  

Trent Ltd.

     1,477        36,998  
     

 

 

 
Total Specialty Retail

 

     45,053  
Textiles, Apparel & Luxury Goods – 2.4%      

Bata India Ltd.

     538        10,420  

Page Industries Ltd.

     49        23,000  

Titan Co. Ltd.

     3,373        127,899  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     161,319  
Transportation Infrastructure – 0.2%      

GMR Airports Infrastructure Ltd.*

     20,660        14,816  
Wireless Telecommunication Services – 3.3%      

Bharti Airtel Ltd.

     20,119      224,446  

TOTAL INVESTMENTS IN SECURITIES – 103.2%

(Cost: $5,268,741)

        6,968,580  

Other Assets less Liabilities – (3.2)%

        (218,384
     

 

 

 
NET ASSETS – 100.0%             $ 6,750,196  
* 

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.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 6,968,580      $      $      $ 6,968,580  

Total Investments in Securities

   $ 6,968,580      $      $      $ 6,968,580  

 

See Notes to Financial Statements.

 

80   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree New Economy Real Estate Fund (WTRE)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.3%      
Australia – 7.3%      

Dexus(a)

     50,232      $ 236,664  

Goodman Group

     72,855        1,008,592  

NEXTDC Ltd.*(a)

     24,674        197,306  
     

 

 

 
Total Australia

 

     1,442,562  
Belgium – 1.3%      

Warehouses De Pauw CVA

     10,355        256,981  
Canada – 2.3%      

Allied Properties Real Estate Investment Trust

     5,871        77,860  

Dream Industrial Real Estate Investment Trust

     18,874        179,247  

Granite Real Estate Investment Trust

     3,847        205,098  
     

 

 

 
Total Canada

 

     462,205  
China – 0.9%      

China Aoyuan Group Ltd.*

     234,000        7,022  

ESR Group Ltd.(b)

     126,800        178,093  
     

 

 

 
Total China

 

     185,115  
Italy – 1.3%      

Infrastrutture Wireless Italiane SpA(a)(b)

     20,669        246,515  
Japan – 4.8%      

Activia Properties, Inc.

     35        96,750  

GLP J-REIT

     284        254,453  

Japan Logistics Fund, Inc.

     45        87,422  

LaSalle Logiport REIT

     125        120,120  

Mitsui Fudosan Logistics Park, Inc.

     35        110,471  

Nippon Prologis REIT, Inc.

     145        271,295  
     

 

 

 
Total Japan

 

     940,511  
Singapore – 6.0%      

CapitaLand Ascendas REIT

     190,236        383,287  

Frasers Logistics & Commercial Trust

     158,100        123,941  

Keppel DC REIT

     83,100        126,638  

Keppel REIT

     105,600        66,150  

Mapletree Industrial Trust

     139,609        231,164  

Mapletree Logistics Trust

     203,858        250,921  
     

 

 

 
Total Singapore

 

     1,182,101  
Spain – 5.2%      

Cellnex Telecom SA*(a)(b)

     29,319        1,023,438  
Sweden – 1.8%      

Fabege AB(a)

     12,024        96,642  

Sagax AB, Class B

     13,521        259,488  
     

 

 

 
Total Sweden

 

     356,130  
United Kingdom – 5.8%      

Derwent London PLC

     5,122        120,469  

LondonMetric Property PLC

     50,286        105,568  

Segro PLC

     81,593        716,438  

Tritax Big Box REIT PLC

     114,908        196,071  
     

 

 

 
Total United Kingdom

 

     1,138,546  
United States – 62.6%      

Airbnb, Inc., Class A*

     6,147        843,430  

Alexandria Real Estate Equities, Inc.

     7,487        749,449  

American Tower Corp.

     4,977      818,468  

Americold Realty Trust, Inc.

     18,031        548,323  

COPT Defense Properties

     7,493        178,558  

Cousins Properties, Inc.

     10,160        206,959  

Crown Castle, Inc.

     9,072        834,896  

Digital Realty Trust, Inc.

     6,894        834,312  

DigitalBridge Group, Inc.

     10,730        188,633  

Douglas Emmett, Inc.(a)

     9,516        121,424  

EastGroup Properties, Inc.

     2,159        359,538  

Equinix, Inc.

     1,163        844,640  

Healthpeak Properties, Inc.

     36,496        670,066  

Iron Mountain, Inc.

     17,398        1,034,311  

JBG SMITH Properties

     4,807        69,509  

Kilroy Realty Corp.

     7,018        221,839  

LXP Industrial Trust

     13,523        120,355  

Prologis, Inc.

     7,303        819,470  

Rexford Industrial Realty, Inc.

     13,739        678,020  

SBA Communications Corp.

     3,855        771,655  

Terreno Realty Corp.

     5,491        311,889  

Ventas, Inc.

     26,743        1,126,683  
     

 

 

 
Total United States

 

     12,352,427  

TOTAL COMMON STOCKS

(Cost: $25,662,784)

 

 

     19,586,531  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.8%

 

United States – 5.8%      

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $1,147,444)      1,147,444        1,147,444  

TOTAL INVESTMENTS IN SECURITIES – 105.1%

(Cost: $26,810,228)

        20,733,975  

Other Assets less Liabilities – (5.1)%

        (1,001,386
     

 

 

 
NET ASSETS – 100.0%

 

   $ 19,732,589  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $1,341,092 and the total market value of the collateral held by the Fund was $1,406,570. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $259,126.

 

(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, 2023.

 

See Notes to Financial Statements.

 

WisdomTree Trust      81  


Schedule of Investments (unaudited) (concluded)

WisdomTree New Economy Real Estate Fund (WTRE)

September 30, 2023

 

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

    10/3/2023       1,927       USD       15,087       HKD     $ 1     $  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 19,586,531      $      $      $ 19,586,531  

Investment of Cash Collateral for Securities Loaned

            1,147,444               1,147,444  

Total Investments in Securities

   $ 19,586,531      $ 1,147,444      $      $ 20,733,975  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 1      $      $ 1  

Total – Net

   $ 19,586,531      $ 1,147,445      $      $ 20,733,976  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

82   WisdomTree Trust


Statements of Assets and Liabilities (unaudited)

WisdomTree Trust

September 30, 2023

 

 

 

      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

   $ 830,381,609      $ 2,170,396,641      $ 2,513,449,096      $ 4,475,016      $ 92,981,375  

Investment in affiliates, at cost (Note 3)

                   936,039                

Foreign currency, at cost

            975,873        4,198,918        2,590        157,188  

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

     612,623,813        2,043,998,896        2,526,361,746        4,589,869        101,221,742  

Investment in affiliates, at value (Note 3)

                   896,216                

Cash

     347,176        2,950,666        484,012        203        301,707  

Foreign currency, at value

     17,620        872,032        4,080,818        5,699        129,589  

Unrealized appreciation on foreign currency contracts

                          66,753        555  

Receivables:

 

Investment securities sold

            3,714,820               15        33,988  

Dividends

     806,879        2,247,942        10,881,408        6,920        239,839  

Securities lending income

     43,657        79,493        192,617        85        1,935  

Interest

            2,172                      109  

Foreign tax reclaims

            64,772        117,350        303        2,766  

Foreign capital gains tax refund

            184,854        1,109,857        1,254         

Other (Note 6)

                   28,807                

Total Assets

     613,839,145        2,054,115,647        2,544,152,831        4,671,101        101,932,230  

LIABILITIES:

              

Unrealized depreciation on foreign currency contracts

                   237        21,710         

Payables:

              

Cash collateral received for securities loaned (Note 2)

     11,469,536        18,574,568        21,623,665        40,796        1,437,125  

Investment securities purchased

                          16,927         

Advisory fees (Note 3)

     161,180        551,031        1,322,003        1,818        26,710  

Service fees (Note 2)

     2,216        7,577        9,239        17        367  

Foreign capital gains tax

            9,202,380        4,110,293        10,651        679,715  

Other (Note 6)

                   8,642                

Total Liabilities

     11,632,932        28,335,556        27,074,079        91,919        2,143,917  

NET ASSETS

   $ 602,206,213      $ 2,025,780,091      $ 2,517,078,752      $ 4,579,182      $ 99,788,313  

NET ASSETS:

              

Paid-in capital

   $ 1,293,051,778      $ 2,917,276,851      $ 4,141,551,240      $ 5,690,741      $ 120,964,573  

Total distributable earnings (loss)

     (690,845,565      (891,496,760      (1,624,472,488      (1,111,559      (21,176,260

NET ASSETS

   $ 602,206,213      $ 2,025,780,091      $ 2,517,078,752      $ 4,579,182      $ 99,788,313  

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

     20,200,000        75,500,000        66,900,000        200,000        4,500,000  

Net asset value per share

   $ 29.81      $ 26.83      $ 37.62      $ 22.90      $ 22.18  

1 Includes market value of securities out on loan of:

   $ 19,455,492      $ 38,402,868      $ 79,416,268      $ 37,703      $ 2,097,614  

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      83  


Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Trust

September 30, 2023

 

 

 

      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

   $ 2,508,730,251      $ 571,928,746      $ 109,843,390      $ 12,418,980      $ 920,774,496  

Investment in affiliates, at cost (Note 3)

     2,156,532        431,548        143,877               26,901  

Foreign currency, at cost

     2,208,775        441,730        76,231        3,252        1,460,579  

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

     2,845,034,051        585,319,007        111,739,275        9,882,328        1,323,009,975  

Investment in affiliates, at value (Note 3)

     2,098,318        425,386        156,084               36,927  

Cash

     1,513,616        201,995        54,626        9,414        2,625,645  

Foreign currency, at value

     2,203,404        436,183        75,686        3,212        1,463,328  

Unrealized appreciation on foreign currency contracts

                   149                

Receivables:

 

Investment securities sold

     664,330                              

Capital shares sold

            665                       

Dividends

     5,797,940        1,142,213        342,516               493,243  

Securities lending income

     692,720        6,743        3,503        132         

Interest

                   165               558  

Foreign tax reclaims

     94,038        1,228,606        117,485                

Foreign capital gains tax refund

     326,206                             62,153  

Other (Note 6)

            33,270        852                

Total Assets

     2,858,424,623        588,794,068        112,490,341        9,895,086        1,327,691,829  

LIABILITIES:

              

Unrealized depreciation on foreign currency contracts

            168                       

Payables:

              

Cash collateral received for securities loaned (Note 2)

     37,066,141        18,741,527        5,656,093        104,681         

Investment securities purchased

     500,729                              

Advisory fees (Note 3)

     1,363,863        201,811        52,187        1,701        850,453  

Service fees (Note 2)

     10,366        2,117        396        37        4,508  

Foreign capital gains tax

     6,558,537        597,529        34,209               27,700,494  

Other (Note 6)

            9,981        256                

Total Liabilities

     45,499,636        19,553,133        5,743,141        106,419        28,555,455  

NET ASSETS

   $ 2,812,924,987      $ 569,240,935      $ 106,747,200      $ 9,788,667      $ 1,299,136,374  

NET ASSETS:

              

Paid-in capital

   $ 3,224,734,197      $ 663,306,916      $ 123,000,466      $ 14,541,080      $ 945,753,397  

Total distributable earnings (loss)

     (411,809,210      (94,065,981      (16,253,266      (4,752,413      353,382,977  

NET ASSETS

   $ 2,812,924,987      $ 569,240,935      $ 106,747,200      $ 9,788,667      $ 1,299,136,374  

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

     60,800,000        17,000,000        2,350,000        315,000        35,200,000  

Net asset value per share

   $ 46.27      $ 33.48      $ 45.42      $ 31.08      $ 36.91  

1 Includes market value of securities out on loan of:

   $ 183,706,823      $ 28,142,142      $ 7,464,776      $ 326,615         

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

  

  

 

See Notes to Financial Statements.

 

84   WisdomTree Trust


Statements of Assets and Liabilities (unaudited) (concluded)

 

 

WisdomTree Trust

September 30, 2023

 

 

 

      WisdomTree
India
ex-State-Owned
Enterprises
Fund
     WisdomTree
New Economy
Real Estate
Fund
 

ASSETS:

 

Investments, at cost

   $ 5,268,741      $ 26,810,228  

Foreign currency, at cost

     114        2,172  

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

     6,968,580        20,733,975  

Cash

     3,557        33,468  

Foreign currency, at value

     114        2,088  

Unrealized appreciation on foreign currency contracts

            1  

Receivables:

     

Dividends

     184        71,350  

Securities lending income

            168  

Interest

     1         

Foreign tax reclaims

            48,490  

Foreign capital gains tax refund

     5,718         

Other (Note 6)

            883  

Total Assets

     6,978,154        20,890,423  

LIABILITIES:

 

Payables:

     

Cash collateral received for securities loaned (Note 2)

            1,147,444  

Advisory fees (Note 3)

     3,243        10,049  

Service fees (Note 2)

     25        76  

Foreign capital gains tax

     224,690         

Other (Note 6)

            265  

Total Liabilities

     227,958        1,157,834  

NET ASSETS

   $ 6,750,196      $ 19,732,589  

NET ASSETS:

     

Paid-in capital

   $ 5,594,940      $ 70,810,892  

Total distributable earnings (loss)

     1,155,256        (51,078,303

NET ASSETS

   $ 6,750,196      $ 19,732,589  

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

     200,000        1,250,000  

Net asset value per share

   $ 33.75      $ 15.79  

1 Includes market value of securities out on loan of:

          $ 1,341,092  

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      85  


Statements of Operations (unaudited)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

     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

  $ 8,453,137     $ 32,107,593     $ 141,339,776     $ 65,917     $ 1,821,818  

Dividends from affiliates (Note 3)

                90,102              

Interest

    3,612       18,406       43,334       477       2,133  

Non-cash dividends

    76,687             30,893             4,708  

Securities lending income, net (Note 2)

    271,486       764,063       1,159,799       397       12,192  

Less: Foreign withholding taxes on dividends

    (536,613     (4,716,851     (18,647,476     (8,734     (293,449

Total investment income

    8,268,309       28,173,211       124,016,428       58,057       1,547,402  

EXPENSES:

         

Advisory fees (Note 3)

    1,040,298       3,514,919       7,537,924       6,657       154,997  

Service fees (Note 2)

    14,304       48,330       52,645       61       2,131  

Total expenses

    1,054,602       3,563,249       7,590,569       6,718       157,128  

Expense waivers (Note 3)

                (4,732            

Net expenses

    1,054,602       3,563,249       7,585,837       6,718       157,128  

Net investment income

    7,213,707       24,609,962       116,430,591       51,339       1,390,274  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

         

Net realized gain (loss) from:

         

Investment transactions1

    (39,401,248     (48,431,983     (10,139,429     (24,569     (1,405,498

Investment transactions in affiliates (Note 3)

                (237,882            

In-kind redemptions

    3,079,927       9,147,275                    

Foreign currency contracts

    196,324       (341,065     (503,856     (6,856     (49,702

Foreign currency related transactions

    (492,457     (156,065     (419,762     (1,105     8,826  

Net realized loss

    (36,617,454     (39,781,838     (11,300,929     (32,530     (1,446,374

Net increase (decrease) in unrealized appreciation/depreciation:

         

Investment transactions2

    (69,985,507     (28,297,895     (7,968,894     79,054       (44,068

Investment transactions in affiliates (Note 3)

                35,159              

Foreign currency contracts

    (3           (277     59,917       707  

Translation of assets and liabilities denominated in foreign currencies

    267,074       13,538       (177,931     3,201       (27,493

Net increase (decrease) in unrealized appreciation/depreciation

    (69,718,436     (28,284,357     (8,111,943     142,172       (70,854

Net realized and unrealized gain (loss) on investments

    (106,335,890     (68,066,195     (19,412,872     109,642       (1,517,228

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

  $ (99,122,183   $ (43,456,233   $ 97,017,719     $ 160,981     $ (126,954

1 Net of foreign capital gains (tax) and capital gain tax refund, if applicable, of:

        $ (702,867   $ (19,017   $ 772     $ (69,004

2 Includes net increase (decrease) in accrued foreign capital gain taxes of:

        $ 6,229,465     $ 3,632,074     $ 10,651     $ 453,628  

 

See Notes to Financial Statements.

 

86   WisdomTree Trust


Statements of Operations (unaudited) (continued)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

      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

   $ 110,209,378      $ 8,056,182      $ 3,616,120      $ 19,136      $ 12,963,787  

Dividends from affiliates (Note 3)

     1,152,928        104,604        15,259               99  

Interest

     29,244        2,558        672        50        23,176  

Non-cash dividends

     287,171               3,027                

Securities lending income, net (Note 2)

     4,993,596        84,131        36,521        3,804         

Less: Foreign withholding taxes on dividends

     (15,755,776      (879,647      (256,221      (92      (2,824,141

Total investment income

     100,916,541        7,367,828        3,415,378        22,898        10,162,921  

EXPENSES:

              

Advisory fees (Note 3)

     8,110,161        1,208,067        337,434        10,976        4,025,692  

Service fees (Note 2)

     61,525        12,655        2,560        241        21,341  

Interest expense (Note 7)

                                 565,014  

Total expenses

     8,171,686        1,220,722        339,994        11,217        4,612,047  

Expense waivers (Note 3)

     (13,534      (1,834                    (83

Net expenses

     8,158,152        1,218,888        339,994        11,217        4,611,964  

Net investment income

     92,758,389        6,148,940        3,075,384        11,681        5,550,957  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

              

Net realized gain (loss) from:

              

Investment transactions1

     (6,646,453      (267,812      (204,463      (810,054      28,882,658  

Investment transactions in affiliates (Note 3)

     (462,401      322,009        (18,745              

In-kind redemptions

                   4,562,774        281,645         

Foreign currency contracts

     (288,791      (21,417      1,889        (28      (271,696

Foreign currency related transactions

     (1,237,721      (3,617      (14,067      54        (262,636

Net realized gain (loss)

     (8,635,366      29,163        4,327,388        (528,383      28,348,326  

Net increase (decrease) in unrealized appreciation/depreciation:

              

Investment transactions2

     48,024,507        (31,823,908      (7,232,164      1,241,697        113,860,868  

Investment transactions in affiliates (Note 3)

     (500,106      (416,332      (4,276             4,014  

Foreign currency contracts

            (2,342      149                

Translation of assets and liabilities denominated in foreign currencies

     (32,890      (54,236      (5,149      (40      (1,318

Net increase (decrease) in unrealized appreciation/depreciation

     47,491,511        (32,296,818      (7,241,440      1,241,657        113,863,564  

Net realized and unrealized gain (loss) on investments

     38,856,145        (32,267,655      (2,914,052      713,274        142,211,890  

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ 131,614,534      $ (26,118,715    $ 161,332      $ 724,955      $ 147,762,847  

1 Net of foreign capital gains (tax) and capital gain tax refund, if applicable, of:

                 $ (2,067           $ (13,761,275

2 Includes net increase (decrease) in accrued foreign capital gain taxes of:

   $ 6,366,042      $ 597,529      $ 26,642             $ 8,983,717  

 

See Notes to Financial Statements.

 

WisdomTree Trust      87  


Statements of Operations (unaudited) (concluded)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

      WisdomTree
India
ex-State-Owned
Enterprises
Fund
     WisdomTree
New Economy
Real Estate
Fund
 

INVESTMENT INCOME:

     

Dividends

   $ 48,228      $ 432,988  

Interest

     3        59  

Securities lending income, net (Note 2)

            2,165  

Less: Foreign withholding taxes on dividends

     (10,112      (18,668

Total investment income

     38,119        416,544  

EXPENSES:

     

Advisory fees (Note 3)

     18,823        68,451  

Service fees (Note 2)

     143        519  

Total expenses

     18,966        68,970  

Net investment income

     19,153        347,574  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

     

Net realized gain (loss) from:

     

Investment transactions1

     (8,930      (556,132

In-kind redemptions

            (252,090

Foreign currency contracts

     10        (3,616

Foreign currency related transactions

     (248      1,918  

Net realized loss

     (9,168      (809,920

Net increase (decrease) in unrealized appreciation/depreciation:

     

Investment transactions2

     810,327        (812,361

Foreign currency contracts

            26  

Translation of assets and liabilities denominated in foreign currencies

     (59      (1,772

Net increase (decrease) in unrealized appreciation/depreciation

     810,268        (814,107

Net realized and unrealized gain (loss) on investments

     801,100        (1,624,027

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ 820,253      $ (1,276,453

1 Net of foreign capital gains (tax) and capital gain tax refund, if applicable, of:

   $ (936       

2 Includes net increase (decrease) in accrued foreign capital gain taxes of:

   $ 124,838         

 

See Notes to Financial Statements.

 

88   WisdomTree Trust


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 7,213,707     $ 8,027,866     $ 24,609,962     $ 47,535,778     $ 116,430,591     $ 139,584,856  

Net realized loss on investments, foreign currency contracts and foreign currency related transactions

    (36,617,454     (279,321,472     (39,781,838     (438,862,137     (11,300,929     (156,574,809

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (69,718,436     128,567,483       (28,284,357     (83,613,856     (8,111,943     (150,570,055

Net increase (decrease) in net assets resulting from operations

    (99,122,183     (142,726,123     (43,456,233     (474,940,215     97,017,719       (167,560,008

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (7,127,250     (8,628,659     (26,336,000     (52,252,500     (116,198,000     (137,420,525

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    18,772,219       204,830,077       58,062,651       16,749,145       390,419,442       423,628,056  

Cost of shares redeemed

    (48,304,890     (150,767,082     (133,017,132     (638,895,275           (92,653,343

Net increase (decrease) in net assets resulting from capital share transactions

    (29,532,671     54,062,995       (74,954,481     (622,146,130     390,419,442       330,974,713  

Net Increase (Decrease) in Net Assets

    (135,782,104     (97,291,787     (144,746,714     (1,149,338,845     371,239,161       25,994,180  

NET ASSETS:

 

Beginning of period

  $ 737,988,317     $ 835,280,104     $ 2,170,526,805     $ 3,319,865,650     $ 2,145,839,591     $ 2,119,845,411  

End of period

  $ 602,206,213     $ 737,988,317     $ 2,025,780,091     $ 2,170,526,805     $ 2,517,078,752     $ 2,145,839,591  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    21,125,000       20,425,000       78,100,000       100,300,000       56,800,000       48,200,000  

Shares created

    600,000       5,375,000       2,100,000       500,000       10,100,000       11,300,000  

Shares redeemed

    (1,525,000     (4,675,000     (4,700,000     (22,700,000           (2,700,000

Shares outstanding, end of period

    20,200,000       21,125,000       75,500,000       78,100,000       66,900,000       56,800,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      89  


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 51,339     $ 90,064     $ 1,390,274     $ 2,744,800     $ 92,758,389     $ 119,776,891  

Net realized loss on investments, foreign currency contracts and foreign currency related transactions

    (32,530     (143,617     (1,446,374     (8,257,529     (8,635,366     (314,610,431

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    142,172       (86,997     (70,854     (3,409,218     47,491,511       (51,650,330

Net increase (decrease) in net assets resulting from operations

    160,981       (140,550     (126,954     (8,921,947     131,614,534       (246,483,870

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (35,000     (70,527     (1,350,000     (3,003,000     (101,470,000     (121,656,900

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    2,298,033             13,584,460       19,747,562       94,341,075       480,988,272  

Cost of shares redeemed

                      (6,846,988            

Net increase in net assets resulting from capital share transactions

    2,298,033             13,584,460       12,900,574       94,341,075       480,988,272  

Net Increase (Decrease) in Net Assets

    2,424,014       (211,077     12,107,506       975,627       124,485,609       112,847,502  

NET ASSETS:

 

Beginning of period

  $ 2,155,168     $ 2,366,245     $ 87,680,807     $ 86,705,180     $ 2,688,439,378     $ 2,575,591,876  

End of period

  $ 4,579,182     $ 2,155,168     $ 99,788,313     $ 87,680,807     $ 2,812,924,987     $ 2,688,439,378  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    100,000       100,000       3,900,000       3,300,000       58,800,000       48,200,000  

Shares created

    100,000             600,000       900,000       2,000,000       10,600,000  

Shares redeemed

                      (300,000            

Shares outstanding, end of period

    200,000       100,000       4,500,000       3,900,000       60,800,000       58,800,000  

 

See Notes to Financial Statements.

 

90   WisdomTree Trust


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 6,148,940     $ 18,640,555     $ 3,075,384     $ 4,325,526     $ 11,681     $ 17,745  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

    29,163       (85,926,564     4,327,388       (4,576,626     (528,383     (2,005,987

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (32,296,818     16,306,743       (7,241,440     956,107       1,241,657       (1,440,916

Net increase (decrease) in net assets resulting from operations

    (26,118,715     (50,979,266     161,332       705,007       724,955       (3,429,158

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (6,711,000     (18,475,318     (3,150,000     (4,296,367           (14,235

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    75,073,978       135,468,168             70,609,590             813,616  

Cost of shares redeemed

          (106,255,698     (26,171,694           (1,322,391     (2,340,593

Net increase (decrease) in net assets resulting from capital share transactions

    75,073,978       29,212,470       (26,171,694     70,609,590       (1,322,391     (1,526,977

Net Increase (Decrease) in Net Assets

    42,244,263       (40,242,114     (29,160,362     67,018,230       (597,436     (4,970,370

NET ASSETS:

 

Beginning of period

  $ 526,996,672     $ 567,238,786     $ 135,907,562     $ 68,889,332     $ 10,386,103     $ 15,356,473  

End of period

  $ 569,240,935     $ 526,996,672     $ 106,747,200     $ 135,907,562     $ 9,788,667     $ 10,386,103  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    14,900,000       14,200,000       2,900,000       1,350,000       355,000       415,000  

Shares created

    2,100,000       4,000,000             1,550,000             30,000  

Shares redeemed

          (3,300,000     (550,000           (40,000     (90,000

Shares outstanding, end of period

    17,000,000       14,900,000       2,350,000       2,900,000       315,000       355,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      91  


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 5,550,957     $ 9,368,356     $ 19,153     $ 22,223     $ 347,574     $ 684,800  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

    28,348,326       32,625,578       (9,168     (104,225     (809,920     (9,384,893

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    113,863,564       (121,598,313     810,268       (822,407     (814,107     (4,613,008

Net increase (decrease) in net assets resulting from operations

    147,762,847       (79,604,379     820,253       (904,409     (1,276,453     (13,313,101

DISTRIBUTIONS TO SHAREHOLDERS:

 

   

Distributable earnings

    (1,524,000     (40,595,106     (18,000     (109,258     (431,500     (420,750

Tax return of capital

                      (14,742            

Total distributions to shareholders

    (1,524,000     (40,595,106     (18,000     (124,000     (431,500     (420,750

CAPITAL SHARE TRANSACTIONS:

 

   

Net proceeds from sale of shares

    366,663,627       117,541,739                          

Cost of shares redeemed

          (104,949,767                 (4,220,928     (15,454,996

Net increase (decrease) in net assets resulting from capital share transactions

    366,663,627       12,591,972                   (4,220,928     (15,454,996

Net Increase (Decrease) in Net Assets

    512,902,474       (107,607,513     802,253       (1,028,409     (5,928,881     (29,188,847

NET ASSETS:

 

   

Beginning of period

  $ 786,233,900     $ 893,841,413     $ 5,947,943     $ 6,976,352     $ 25,661,470     $ 54,850,317  

End of period

  $ 1,299,136,374     $ 786,233,900     $ 6,750,196     $ 5,947,943     $ 19,732,589     $ 25,661,470  

SHARES CREATED AND REDEEMED:

 

   

Shares outstanding, beginning of period

    25,000,000       24,600,000       200,000       200,000       1,500,000       2,350,000  

Shares created

    10,200,000       3,600,000                          

Shares redeemed

          (3,200,000                 (250,000     (850,000

Shares outstanding, end of period

    35,200,000       25,000,000       200,000       200,000       1,250,000       1,500,000  

 

See Notes to Financial Statements.

 

92   WisdomTree Trust


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 34.93     $ 40.89     $ 64.41     $ 38.44     $ 38.84     $ 43.62  

Investment operations:

           

Net investment income2

    0.36       0.36       0.60       0.23       0.39       0.49  

Net realized and unrealized gain (loss)

    (5.12     (5.94     (23.54     26.10       (0.39     (4.82

Total from investment operations

    (4.76     (5.58     (22.94     26.33       0.00 3      (4.33

Dividends and distributions to shareholders:

           

Net investment income

    (0.36     (0.38     (0.58     (0.35     (0.40     (0.45

Tax return of capital

                      (0.01           (0.00 )3 

Total dividends and distributions to shareholders

    (0.36     (0.38     (0.58     (0.36     (0.40     (0.45

Net asset value, end of period

  $ 29.81     $ 34.93     $ 40.89     $ 64.41     $ 38.44     $ 38.84  

TOTAL RETURN4

    (13.65 )%      (13.72 )%      (35.81 )%      68.71     0.07     (9.91 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 602,206     $ 737,988     $ 835,280     $ 914,692     $ 188,351     $ 143,699  

Ratios to average net assets of:

           

Expenses, net of expense waivers

    0.32 %5      0.32     0.32     0.32 %6      0.32 %7      0.32 %7 

Expenses, prior to expense waivers

    0.32 %5      0.32     0.32     0.38     0.63     0.63

Net investment income

    2.22 %5      0.99     1.10     0.37     1.03     1.31

Portfolio turnover rate8

    8     39     36     20     22     35

 

             
WisdomTree Emerging Markets
ex-State-Owned Enterprises Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 27.79     $ 33.10     $ 40.31     $ 24.40     $ 28.79     $ 31.99  

Investment operations:

           

Net investment income2

    0.31       0.56       0.62       0.41       0.62       0.42  

Net realized and unrealized gain (loss)

    (0.93     (5.27     (7.28     15.91       (4.38     (3.20

Net increase from payment by affiliate

                0.00 3      0.00 3            0.00 3 

Total from investment operations

    (0.62     (4.71     (6.66     16.32       (3.76     (2.78

Dividends to shareholders:

           

Net investment income

    (0.34     (0.60     (0.55     (0.41     (0.63     (0.42

Net asset value, end of period

  $ 26.83     $ 27.79     $ 33.10     $ 40.31     $ 24.40     $ 28.79  

TOTAL RETURN4

    (2.25 )%      (14.20 )%      (16.70 )%9      67.18 %10      (13.36 )%      (8.64 )%10 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 2,025,780     $ 2,170,527     $ 3,319,866     $ 4,719,936     $ 809,991     $ 305,184  

Ratios to average net assets of:

           

Expenses, net of expense waivers

    0.32 %5      0.32     0.32     0.32 %6      0.32 %7      0.32 %7 

Expenses, prior to expense waivers

    0.32 %5      0.32     0.32     0.37     0.58     0.58

Net investment income

    2.24 %5      1.97     1.62     1.11     2.14     1.51

Portfolio turnover rate8

    7     28     18     34     19     24
1 

Shares were adjusted to reflect a 2:1 share 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 

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 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.

 

10 

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.

 

WisdomTree Trust      93  


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 37.78     $ 43.98     $ 44.27     $ 32.45     $ 43.72     $ 47.35  

Investment operations:

           

Net investment income1

    1.88       2.81       2.75       1.76       2.10       1.84  

Net realized and unrealized gain (loss)

    (0.22     (6.21     (0.30     11.93       (11.25     (3.57

Total from investment operations

    1.66       (3.40     2.45       13.69       (9.15     (1.73

Dividends to shareholders:

           

Net investment income

    (1.82     (2.80     (2.74     (1.87     (2.12     (1.90

Net asset value, end of period

  $ 37.62     $ 37.78     $ 43.98     $ 44.27     $ 32.45     $ 43.72  

TOTAL RETURN2

    4.40     (6.97 )%      5.65     43.37     (22.06 )%      (3.51 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 2,517,079     $ 2,145,840     $ 2,119,845     $ 1,916,702     $ 1,638,935     $ 2,173,006  

Ratios to average net assets3 of:

           

Expenses4

    0.63 %5      0.63 %6      0.64 %7      0.63     0.63     0.63

Net investment income

    9.73 %5      7.53     6.16     4.58     4.91     4.23

Portfolio turnover rate8

    3     43     53     62     41     44

 

             
WisdomTree Emerging Markets
Multifactor Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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

  $ 21.55     $ 23.66     $ 25.81     $ 17.75     $ 23.61     $ 24.68  

Investment operations:

           

Net investment income1

    0.42       0.90       1.01       0.56       0.73       0.29  

Net realized and unrealized gain (loss)

    1.18       (2.30     (2.44     7.90       (5.91     (1.16

Total from investment operations

    1.60       (1.40     (1.43     8.46       (5.18     (0.87

Dividends to shareholders:

           

Net investment income

    (0.25     (0.71     (0.72     (0.40     (0.68     (0.20

Net asset value, end of period

  $ 22.90     $ 21.55     $ 23.66     $ 25.81     $ 17.75     $ 23.61  

TOTAL RETURN2

    7.44     (5.74 )%      (5.72 )%      48.12     (22.44 )%      (3.52 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 4,579     $ 2,155     $ 2,366     $ 5,162     $ 7,102     $ 18,886  

Ratios to average net assets of:

           

Expenses

    0.48 %5      0.48     0.48 %3,4      0.48 %3,4      0.48     0.48 %4,5 

Net investment income

    3.70 %5      4.21     3.91 %3      2.51 %3      3.24     1.97 %5 

Portfolio turnover rate8

    63     123     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 unchanged.

 

7 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.63%.

 

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.

 

94   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
Quality Dividend Growth Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 22.48     $ 26.27     $ 29.51     $ 19.43     $ 24.71     $ 26.94  

Investment operations:

 

Net investment income1

    0.32       0.80       0.83       0.61       0.66       0.71  

Net realized and unrealized gain (loss)

    (0.31     (3.69     (3.28     10.08       (5.32     (2.30

Total from investment operations

    0.01 2      (2.89     (2.45     10.69       (4.66     (1.59

Dividends to shareholders:

 

Net investment income

    (0.31     (0.90     (0.79     (0.61     (0.62     (0.64

Net asset value, end of period

  $ 22.18     $ 22.48     $ 26.27     $ 29.51     $ 19.43     $ 24.71  

TOTAL RETURN3

    0.03     (10.75 )%      (8.48 )%      55.66     (19.30 )%      (5.79 )% 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 99,788     $ 87,681     $ 86,705     $ 94,431     $ 69,936     $ 69,189  

Ratios to average net assets of:

 

Expenses, net of expense waivers

    0.32 %4      0.32     0.32     0.32 %5      0.32 %6      0.32 %6 

Expenses, prior to expense waivers

    0.32 %4      0.32     0.32     0.42     0.63     0.63

Net investment income

    2.87 %4      3.61     2.89     2.38     2.74     2.93

Portfolio turnover rate7

    40     40     42     57     55     81

 

             
WisdomTree Emerging Markets
SmallCap Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 45.72     $ 53.44     $ 50.79     $ 32.98     $ 47.03     $ 53.47  

Investment operations:

 

Net investment income1

    1.56       2.25       1.99       1.58       1.82       1.79  

Net realized and unrealized gain (loss)

    0.69       (7.65     2.80       18.04       (14.02     (6.35

Total from investment operations

    2.25       (5.40     4.79       19.62       (12.20     (4.56

Dividends to shareholders:

 

Net investment income

    (1.70     (2.32     (2.14     (1.81     (1.85     (1.88

Net asset value, end of period

  $ 46.27     $ 45.72     $ 53.44     $ 50.79     $ 32.98     $ 47.03  

TOTAL RETURN3

    4.95     (9.76 )%      9.48     60.63     (26.95 )%      (8.40 )% 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 2,812,925     $ 2,688,439     $ 2,575,592     $ 1,935,213     $ 1,216,850     $ 1,424,969  

Ratios to average net assets8 of:

 

Expenses9

    0.58 %4      0.58     0.61 %10,11      0.63     0.63     0.63

Net investment income

    6.63 %4      4.96     3.75     3.65     4.05     3.81

Portfolio turnover rate7

    4     53     45     59     47     40
1 

Based on average shares outstanding.

 

2 

The total from investment operations 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 0.32% through July 31, 2020. On July 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.32%.

 

6 

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.

 

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 

Prior to September 1, 2021, the Fund’s annual advisory fee rate was 0.63% and, thereafter, was reduced to 0.58% per annum.

 

11 

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.

 

WisdomTree Trust      95  


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 35.37     $ 39.95     $ 38.60     $ 26.57     $ 27.80     $ 29.52  

Investment operations:

 

Net investment income2

    0.38       1.38       1.01       0.80       0.80       0.58  

Net realized and unrealized gain (loss)

    (1.86     (4.62     1.15       11.94       (1.31     (1.67

Total from investment operations

    (1.48     (3.24     2.16       12.74       (0.51     (1.09

Dividends to shareholders:

 

Net investment income

    (0.41     (1.34     (0.81     (0.71     (0.72     (0.63

Net asset value, end of period

  $ 33.48     $ 35.37     $ 39.95     $ 38.60     $ 26.57     $ 27.80  

TOTAL RETURN3

    (4.24 )%      (7.53 )%      5.57     48.25     (2.01 )%      (3.65 )% 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 569,241     $ 526,997     $ 567,239     $ 355,130     $ 95,661     $ 72,280  

Ratios to average net assets4 of:

 

Expenses

    0.42 %5,6      0.43 %6,7      0.54 %6,8,9      0.58     0.58 %6      0.58 %6 

Net investment income

    2.14 %5      4.16     2.44     2.29     2.68     2.11

Portfolio turnover rate10

    1     67     59     56     56     60

 

             
WisdomTree Global High Dividend
Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 46.86     $ 51.03     $ 46.89     $ 34.33     $ 46.11     $ 46.38  

Investment operations:

 

Net investment income2

    1.24       1.91       1.95       1.63       1.78       1.77  

Net realized and unrealized gain (loss)

    (1.37     (4.21     4.02       12.62       (11.79     (0.18

Total from investment operations

    (0.13 )11      (2.30     5.97       14.25       (10.01     1.59  

Dividends to shareholders:

 

Net investment income

    (1.31     (1.87     (1.83     (1.69     (1.77     (1.86

Net asset value, end of period

  $ 45.42     $ 46.86     $ 51.03     $ 46.89     $ 34.33     $ 46.11  

TOTAL RETURN3

    (0.28 )%      (4.28 )%      12.96     42.38     (22.46 )%      3.59

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 106,747     $ 135,908     $ 68,889     $ 65,641     $ 66,952     $ 92,227  

Ratios to average net assets4 of:

 

Expenses

    0.58 %5      0.58 %6,9      0.58 %6,9      0.58 %6      0.58 %6      0.58 %6 

Net investment income

    5.29 %5      4.09     3.98     4.05     3.88     3.86

Portfolio turnover rate10

    2     45     39     48     32     19
1 

Per share amounts were adjusted to reflect a 2:1 share 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 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.42%.

 

8 

Prior to January 1, 2022, the Fund’s annual advisory fee rate was 0.58% and, thereafter, was reduced to 0.42% per annum.

 

9 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been unchanged.

 

10 

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.

 

11 

The total from investment operations 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.

 

96   WisdomTree Trust


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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

  $ 29.26     $ 37.00     $ 44.34     $ 23.34     $ 24.80  

Investment operations:

         

Net investment income2

    0.03       0.05       0.01       0.03       0.06  

Net realized and unrealized gain (loss)

    1.79       (7.75     (7.34     21.02       (1.44

Total from investment operations

    1.82       (7.70     (7.33     21.05       (1.38

Dividends to shareholders:

 

Net investment income

          (0.04     (0.01     (0.05     (0.08

Net asset value, end of period

  $ 31.08     $ 29.26     $ 37.00     $ 44.34     $ 23.34  

TOTAL RETURN3

    6.22     (20.79 )%      (16.53 )%      90.18     (5.61 )% 

RATIOS/SUPPLEMENTAL DATA:

         

Net assets, end of period (000’s omitted)

  $ 9,789     $ 10,386     $ 15,356     $ 14,410     $ 1,751  

Ratios to average net assets of:

         

Expenses

    0.20 %4      0.20     0.20     0.24 %5      0.45 %4 

Net investment income

    0.21 %4      0.17     0.02     0.08     0.27 %4 

Portfolio turnover rate6

    18     27     52     40     9

 

             

WisdomTree India Earnings Fund

(consolidated)

   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

   $ 31.45     $ 36.34     $ 31.26     $ 16.19     $ 26.26     $ 25.88  

Investment operations:

            

Net investment income2

     0.20       0.41       0.38       0.16       0.30       0.28  

Net realized and unrealized gain (loss)

     5.32       (3.45     5.20       15.16       (10.18     0.45  

Net increase from payment by affiliate

                 0.00 7                   

Total from investment operations

     5.52       (3.04     5.58       15.32       (9.88     0.73  

Dividends and distributions to shareholders:

            

Net investment income

     (0.06     (1.85     (0.50     (0.25     (0.19     (0.34

Tax return of capital

                                   (0.01

Total dividends and distributions to shareholders

     (0.06     (1.85     (0.50     (0.25     (0.19     (0.35

Net asset value, end of period

   $ 36.91     $ 31.45     $ 36.34     $ 31.26     $ 16.19     $ 26.26  

TOTAL RETURN3

     17.57     (8.05 )%      17.85 %8      95.10     (37.84 )%      2.89

RATIOS/SUPPLEMENTAL DATA:

            

Net assets, end of period (000’s omitted)

   $ 1,299,136     $ 786,234     $ 893,841     $ 787,825     $ 563,317     $ 1,323,424  

Ratios to average net assets of:

            

Expenses

     0.89 %4,9,10,11      0.85 %9,10,12      0.84 %9,10,13      0.84 %9,10,13      0.84 %9,10,13      0.85 %13 

Net investment income

     1.20 %4,10      1.25 %10      1.07 %10      0.67 %10      1.22 %10      1.14

Portfolio turnover rate6

     35     51     30     23     32     37
* 

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.

 

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 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

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 

Includes interest expense of 0.06% for the six months ended September 30, 2023.

 

12 

Includes interest expense of 0.02% for the fiscal year.

 

13 

Includes interest expense of 0.01% for the fiscal year.

 

See Notes to Financial Statements.

 

WisdomTree Trust      97  


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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

  $ 29.74     $ 34.88     $ 30.33     $ 17.64     $ 24.67  

Investment operations:

 

Net investment income1

    0.10       0.11       0.04       0.05       0.19  

Net realized and unrealized gain (loss)

    4.00       (4.63     4.52       12.69       (7.22

Total from investment operations

    4.10       (4.52     4.56       12.74       (7.03

Dividends and distributions to shareholders:

 

Net investment income

    (0.09     (0.55     (0.01     (0.05      

Tax return of capital

          (0.07                  

Total dividends and distributions to shareholders

    (0.09     (0.62     (0.01     (0.05      

Net asset value, end of period

  $ 33.75     $ 29.74     $ 34.88     $ 30.33     $ 17.64  

TOTAL RETURN2

    13.79     (12.97 )%      15.04     72.25     (28.50 )% 

RATIOS/SUPPLEMENTAL DATA:

         

Net assets, end of period (000’s omitted)

  $ 6,750     $ 5,948     $ 6,976     $ 4,549     $ 882  

Ratios to average net assets of:

         

Expenses

    0.58 %3      0.58     0.58     0.58     0.58 %3 

Net investment income

    0.59 %3      0.35     0.11     0.20     0.80 %3 

Portfolio turnover rate4

    1     16     15     36     82

 

             
WisdomTree New Economy Real Estate
Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 20235
    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
 

Net asset value, beginning of period

  $ 17.11     $ 23.34     $ 26.55     $ 22.11     $ 32.15     $ 32.04  

Investment operations:

 

Net investment income1

    0.25       0.35       1.14       0.89       1.13       1.12  

Net realized and unrealized gain (loss)

    (1.25     (6.37     (2.74     4.35       (8.79     0.24  

Total from investment operations

    (1.00     (6.02     (1.60     5.24       (7.66     1.36  

Dividends to shareholders:

 

Net investment income

    (0.32     (0.21     (1.61     (0.80     (2.38     (1.25

Net asset value, end of period

  $ 15.79     $ 17.11     $ 23.34     $ 26.55     $ 22.11     $ 32.15  

TOTAL RETURN2

    (5.89 )%      (25.82 )%      (6.45 )%      23.92     (25.74 )%      4.51

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 19,733     $ 25,661     $ 54,850     $ 63,711     $ 80,703     $ 114,146  

Ratios to average net assets of:

           

Expenses

    0.58 %3      0.59 %6      0.59 %6      0.58     0.58 %7      0.58 %7 

Net investment income

    2.95 %3      1.90     4.48     3.59     3.75 %7      3.72 %7 

Portfolio turnover rate4

    10     165 %5      7     39     21     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

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 

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.

 

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 

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.

 

98   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 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”)

     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.

 

WisdomTree Trust      99  


Notes to Financial Statements (unaudited) (continued)

 

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. 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 on the measurement date using an interpolated foreign exchange rate between the closest preceding and subsequent settlement period, as calculated using the 4:00 p.m. London time closing spot and forward rates provided by an independent pricing service provider. 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.

Pursuant to Board-approved valuation procedures established by the Trust and WTAM, the Board has appointed WTAM as the Funds’ valuation designee (the “Valuation Designee”) to perform all fair valuations of the Funds’ portfolio investments, subject to the Board’s oversight. As the Valuation Designee, WTAM has established procedures for its fair valuation of a Fund’s portfolio investments. These procedures address, among other things, determining when market quotations are not readily available or reliable and the methodologies to be used for determining the fair value of investments, as well as the use and oversight of third-party pricing services for fair valuation. The Valuation Designee is comprised of senior representatives of WTAM and 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 Valuation Designee 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 Valuation Designee 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

 

100   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

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 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 Valuation Designee may include significant unobservable inputs and therefore such financial instruments would be reflected as a Level 3 of the fair value hierarchy. The Valuation Designee 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 Valuation Designee 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, 2023, 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, 2023 and open positions in such derivatives as of September 30, 2023 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. Any collateral posted (or received) with respect to the derivative positions would be used to offset or reduce the payment due to (or due from) a counterparty in the event of default. Information with respect to the amounts and types of collateral received and/or posted for derivative instruments as of September 30, 2023, if any, is reflected as a footnote within each Fund’s Schedule of Investments.The Funds’ maximum credit risk exposure to derivatives agreements would be the total value of derivatives disclosed in the table included in Note 2—Master Netting Arrangements under the column entitled “Assets: Net Amount”.

 

WisdomTree Trust      101  


Notes to Financial Statements (unaudited) (continued)

 

As of September 30, 2023, 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  

Emerging Markets High Dividend Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
   $      Unrealized depreciation on
foreign currency contracts
   $ 237  

Emerging Markets Multifactor Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     66,753      Unrealized depreciation on
foreign currency contracts
     21,710  

Emerging Markets Quality Dividend Growth Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     555      Unrealized depreciation on
foreign currency contracts
      

Global ex-U.S. Quality Dividend Growth Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
          Unrealized depreciation on
foreign currency contracts
     168  

Global High Dividend Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     149      Unrealized depreciation on
foreign currency contracts
      

New Economy Real Estate Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     1      Unrealized depreciation on
foreign currency contracts
      

For the six months ended September 30, 2023, 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

   $ 196,324      $ (3

Emerging Markets ex-State-Owned Enterprises Fund

     

Foreign currency risk

     (341,065       

Emerging Markets High Dividend Fund

     

Foreign currency risk

     (503,856      (277

Emerging Markets Multifactor Fund

     

Foreign currency risk

     (6,856      59,917  

Emerging Markets Quality Dividend Growth Fund

     

Foreign currency risk

     (49,702      707  

Emerging Markets SmallCap Dividend Fund

     

Foreign currency risk

     (288,791       

Global ex-U.S. Quality Dividend Growth Fund

     

Foreign currency risk

     (21,417      (2,342

Global High Dividend Fund

     

Foreign currency risk

     1,889        149  

Growth Leaders Fund

     

Foreign currency risk

     (28       

India Earnings Fund (consolidated)

     

Foreign currency risk

     (271,696       

India ex-State-Owned Enterprises Fund

     

Foreign currency risk

     10         

New Economy Real Estate Fund

     

Foreign currency risk

     (3,616      26  
  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

 

102   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

During the six months ended September 30, 2023, 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

   $      $ 61,148  

Emerging Markets ex-State-Owned Enterprises Fund

     

Foreign currency risk

            367,790  

Emerging Markets High Dividend Fund

     

Foreign currency risk

     5,312,351        624,712  

Emerging Markets Multifactor Fund

     

Foreign currency risk

     1,692,702        3,595,463  

Emerging Markets Quality Dividend Growth Fund

     

Foreign currency risk

     128,781        22,538  

Emerging Markets SmallCap Dividend Fund

     

Foreign currency risk

            2,372,461  

Global ex-U.S. Quality Dividend Growth Fund

     

Foreign currency risk

     109,236        151,253  

Global High Dividend Fund

     

Foreign currency risk

            28,294  

Growth Leaders Fund

     

Foreign currency risk

     25,997         

India Earnings Fund (consolidated)

     

Foreign currency risk1

     59,180,560        114,847,008  

India ex-State-Owned Enterprises Fund

     

Foreign currency risk1

     6,960        1,411  

New Economy Real Estate Fund

     

Foreign currency risk

     7,174        3,416  
  1 

The volume of derivatives 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, with respect to foreign dividends, as soon as practicable after the existence of a dividend declaration has been determined, at the fair value of securities to be received. Upon notification from real estate investment trust (“REIT”) issuers or as estimated by management, all or a portion of the dividend income received from a REIT may be redesignated as a reduction of cost of the related investment and/or as a realized gain. 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 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.

During the six months ended September 30, 2023, dividend payments denominated in Russian rubles from certain sanctioned Russian issuers were made into restricted foreign cash accounts held by the Funds’ custodian on behalf of the Emerging Markets ex-State-Owned Enterprises Fund, Emerging Markets High Dividend Fund, Emerging Markets Multifactor Fund, Emerging Markets Quality Dividend Growth Fund, Global ex-U.S. Quality Dividend Growth Fund, and Global High Dividend Fund. Under sanctions imposed by the United States (“U.S.”) and the European Union (“E.U.”) against Russia and certain Russian issuers pertaining to Russia’s invasion of Ukraine, payments (such as dividend payments or interest payments) made by sanctioned issuers to entities

 

WisdomTree Trust      103  


Notes to Financial Statements (unaudited) (continued)

 

domiciled in the U.S., such as the Funds, or E.U. are restricted from withdrawal or use and there is no assurance these sanctioned payments will be ultimately collected by the Funds. As a result of U.S. sanctions in place against Russia and certain Russian issuers and significant uncertainty as to whether these sanctions will be removed or lifted, the Funds have not recognized these Russian dividend payments.

Foreign Taxes — The Funds may be subject to foreign taxes (a portion of which may be reclaimable or refundable) on foreign income or capital gains on investment transactions. All foreign taxes are recorded in accordance with the applicable foreign tax regulations and tax rates that exist in the foreign jurisdictions in which the Funds invest. These foreign taxes, if any, are accrued and applied to foreign income as the foreign income is earned and are reflected on the Statements of Operations as follows: foreign taxes withheld on dividends are presented as a reduction to investment income in “Less: Foreign withholding taxes on dividends”, foreign taxes on capital gains from investment transactions, if any, are included in “Net realized gain (loss) from investment transactions”, and deferred foreign taxes on net unrealized appreciation on investments, if any, are included in “Net increase (decrease) in unrealized appreciation/depreciation on investment transactions”. Foreign taxes payable or deferred as of September 30, 2023, if any, are disclosed in the Statements of Assets and Liabilities in “Payables: Foreign capital gains tax”.

In certain foreign jurisdictions, when the Funds incur subsequent capital losses on investment transactions that occurred during the tax year in the applicable foreign jurisdiction, the Funds may be entitled to a refund on any foreign taxes paid on previous capital gain investment transactions that occurred during the tax year of the applicable foreign jurisdiction. Foreign capital gain tax refunds on investment transactions are included in “Net realized gain (loss) from investment transactions” on the Statements of Operations and foreign capital gain tax refunds that remain unpaid as of September 30, 2023, if any, are disclosed in the Statements of Assets and Liabilities in “Receivables: Foreign capital gains tax refund”.

The Funds file foreign tax reclaims in certain foreign jurisdictions to recover a portion of amounts previously withheld on dividend income 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 recorded relating to current fiscal year investment income are included in the Statements of Operations as a reduction to the balance shown for “Foreign withholding taxes on dividends” and foreign tax reclaims recorded, but not yet received as of September 30, 2023, if any, are shown on the Statements of Assets and Liabilities in “Receivables: Foreign tax reclaims”.

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. Further, Indian tax laws have introduced certain General Anti-Avoidance Rules (“GAAR”) applicable to financial years beginning on or after April 1, 2017 (i.e., investments made into India on or after April 1, 2017). GAAR is applied if the “main purpose” of the arrangement is to obtain a tax benefit. With effect from April 1, 2017, the investments made by the Portfolio would be subject to GAAR if any tax benefit is claimed by the Portfolio. Reference to investments by the India Earnings Fund herein should be understood to refer to investments by the Portfolio.

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

 

104   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

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.

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, 2023, 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 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

 

WisdomTree Trust      105  


Notes to Financial Statements (unaudited) (continued)

 

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 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, 2023, the impact of netting of assets and liabilities and the offsetting of

 

106   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

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  

China ex-State-Owned Enterprises Fund

               

Securities Lending

  $ 19,455,492     $     $ (19,455,492 )1    $     $     $     $     $  

Emerging Markets ex-State-Owned Enterprises Fund

               

Securities Lending

    38,402,868             (38,402,868 )1                               

Emerging Markets High Dividend Fund

               

Securities Lending

    79,416,268             (79,416,268 )1                               

Foreign Currency Contracts

                            237                   237  

Emerging Markets Multifactor Fund

               

Securities Lending

    37,703             (37,703 )1                               

Foreign Currency Contracts

    66,753       (21,381           45,372       21,710       (21,381           329  

Emerging Markets Quality Dividend Growth Fund

               

Securities Lending

    2,097,614             (2,097,614 )1                               

Foreign Currency Contracts

    555                   555                          

Emerging Markets SmallCap Dividend Fund

               

Securities Lending

    183,706,823             (183,706,823 )1                               

Global ex-U.S. Quality Dividend Growth Fund

               

Securities Lending

    28,142,142             (28,142,142 )1                               

Foreign Currency Contracts

                            168                   168  

Global High Dividend Fund

               

Securities Lending

    7,464,776             (7,464,776 )1                               

Foreign Currency Contracts

    149                   149                          

Growth Leaders Fund

               

Securities Lending

    326,615             (326,615 )1                               

New Economy Real Estate Fund

               

Securities Lending

    1,341,092             (1,341,092 )1                               

Foreign Currency Contracts

    1                   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.

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.

 

WisdomTree Trust      107  


Notes to Financial Statements (unaudited) (continued)

 

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.

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

 

108   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

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, 2023, 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 its advisory fees that it would otherwise charge, for each Fund’s investment in affiliated funds. The waivers may be reduced to offset the incremental costs related to these investments (e.g., fund accounting, safekeeping, transaction fees, etc.) that are paid by WTAM out of its advisory fee. 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, 2023, 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, 2023            For the fiscal period ended
September 30, 2023
 
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

     1,187      $ 31,657              $ 402  

Emerging Markets High Dividend Fund

     204        7,646                371  

Emerging Markets Quality Dividend Growth Fund

     292        6,515                91  

Emerging Markets SmallCap Dividend Fund

     432        19,984                784  

Global ex-U.S. Quality Dividend Growth Fund

     209        6,991                68  

Growth Leaders Fund

     92        2,855                 

4. CAPITAL SHARE TRANSACTIONS

As of September 30, 2023, 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 to an authorized participant (“AP”). Except when aggregated in creation units (“Creation Unit Aggregations”), 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 (“Deposit Securities”) and/or an amount of cash (“Cash Component”). Creation Unit Aggregations may be created in advance of receipt by a Fund of all or a portion of the applicable Deposit Securities from APs. In these circumstances, the initial deposit received from the AP will have a value greater than the NAV of the applicable Fund’s shares on the date the order is placed in proper form since, in addition to available Deposit Securities, U.S. cash must be deposited by the AP in an amount equal to the sum of (i) the Cash Component, plus (ii) generally between 102%-110%, as directed by the Trust or WTAM, which the Trust or WTAM may change from time to time, of the market value of the undelivered Deposit Securities (the “Additional Cash Deposit”) with the Fund pending delivery of any missing Deposit Securities. The Fund will return any unused portion of the Additional Cash Deposit once all of the missing Deposit Securities have been properly received from the AP or purchased by the Fund. Amounts due to be returned to an AP as of September 30, 2023, if any, is shown in the Statements of Assets and Liabilities in “Payables: Deposit due to authorized participant”. 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. APs 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, 2023 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  

China ex-State-Owned Enterprises Fund

   $ 55,239,469      $ 58,327,002      $ 1,429,788      $ 28,659,642  

Emerging Markets ex-State-Owned Enterprises Fund

     159,629,223        206,792,630        12,362,496        42,344,731  

Emerging Markets High Dividend Fund

     405,369,307        66,374,946        48,427,654         

 

WisdomTree Trust      109  


Notes to Financial Statements (unaudited) (continued)

 

       
                   In-kind Capital Share Transactions  
Fund    Purchases      Sales      Purchases      Sales  

Emerging Markets Multifactor Fund

     3,591,514      $ 1,831,287      $ 567,820      $  

Emerging Markets Quality Dividend Growth Fund

     49,279,565        38,951,160        2,779,834         

Emerging Markets SmallCap Dividend Fund

     190,087,432        110,885,530        15,292,840         

Global ex-U.S. Quality Dividend Growth Fund

     26,867,162        6,789,423        53,918,722         

Global High Dividend Fund

     2,409,162        4,490,107               24,022,018  

Growth Leaders Fund

     1,925,451        2,013,079               1,229,152  

India Earnings Fund (consolidated)

     712,045,308        355,509,380                

India ex-State-Owned Enterprises Fund

     39,943        38,683                

New Economy Real Estate Fund

     2,600,568        2,301,526               4,587,725  

6. FEDERAL INCOME TAXES

At September 30, 2023, 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

  $ 894,730,281     $ 28,935,795     $ (311,042,263   $ (282,106,468           $     $     $     $ (282,106,468

Emerging Markets ex-State-Owned Enterprises Fund

    2,203,678,104       330,187,672       (489,866,880     (159,679,208                               (159,679,208

Emerging Markets High Dividend Fund

    2,532,466,950       351,208,157       (356,417,145     (5,208,988                   (237     (237     (5,209,225

Emerging Markets Multifactor Fund

    4,482,883       304,534       (197,548     106,986               26,312       (7,346     18,966       125,952  

Emerging Markets Quality Dividend Growth Fund

    93,694,515       14,403,374       (6,876,147     7,527,227                                 7,527,227  

Emerging Markets SmallCap Dividend Fund

    2,533,142,081       546,976,775       (232,986,487     313,990,288                                 313,990,288  

Global ex-U.S. Quality Dividend Growth Fund

    575,644,101       63,273,025       (53,172,733     10,100,292                     (168     (168     10,100,124  

Global High Dividend Fund

    110,329,917       10,139,859       (8,574,417     1,565,442                                 1,565,442  

Growth Leaders Fund

    12,438,722       1,225,393       (3,781,787     (2,556,394                               (2,556,394

India Earnings Fund (consolidated)

    934,403,703       413,918,368       (25,275,169     388,643,199                                 388,643,199  

India ex-State-Owned Enterprises Fund

    5,309,922       1,777,410       (118,752     1,658,658                                 1,658,658  

New Economy Real Estate Fund

    27,085,267       243,437       (6,594,729     (6,351,292             1             1       (6,351,291
  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

 

110   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

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 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. 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, 2023, the ECJ tax reclaims received by the Funds, if any, did not exceed the foreign withholding taxes of the respective Funds.

7. DEMAND NOTE

On September 14, 2023, the India Earnings Fund entered into a demand note agreement with Bank of America, N.A. which allowed the India Earnings Fund to borrow up to $360,000,000 with a final maturity date of September 29, 2023. During the period from September 14, 2023 through September 25, 2023, the India Earnings Fund had an average outstanding demand note balance of $213,750,000 and a weighted average interest rate of 8.04% per annum. On September 26, 2023, the India Earnings Fund fully repaid amounts borrowed under the demand note and interest expense related to the demand note was $565,014.

8. SUBSEQUENT EVENT

At the recommendation of WTAM, the investment adviser of the WisdomTree India ex-State Owned Enterprises Fund and the WisdomTree Growth Leaders Fund (the “Affected Funds”), after continued review of the product lineup and anticipated limited future prospect of investor demand for the Affected Funds, among other considerations, the Board of Trustees determined to close and liquidate the Affected Funds. After the close of business on October 20, 2023, the Affected Funds no longer accepted creation orders. The last day of secondary market trading of the Affected Funds’ shares was also October 20, 2023. Shareholders were able to sell Affected Fund shares through a broker in the standard manner through this date. Customary brokerage charges may have applied to such transactions. When the Affected Funds commenced liquidation of their portfolios, which occurred on or around October 23, 2023, but may have occurred before October 23, 2023, and at different times for each Affected Fund, the liquidation process resulted in the Affected Funds increasing their cash holdings and deviating from the investment objective and strategies stated in their prospectus. It is anticipated that shareholders remaining in the Affected Funds after the last day of trading will have their shares redeemed automatically on or around October 30, 2023, and will receive cash through their broker or other applicable financial intermediary thereafter in an amount equal to the net asset value of their shares as calculated on or about October 27, 2023. This amount is expected to include any accrued capital gains and dividends. Shareholders remaining in an Affected Fund and that receive cash will not be charged any transaction fees by the Affected Fund. Whether shareholders sell their shares or are automatically redeemed as described above, shareholders will generally recognize a capital gain (or loss) equal to the amount received for their shares (or below) the adjusted cost basis in such shares.

9. ADDITIONAL INFORMATION

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

 

WisdomTree Trust      111  


Notes to Financial Statements (unaudited) (concluded)

 

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, as well as other popular Russian exports, such as diamonds, seafood and vodka. The European Union, the United Kingdom and other countries have also placed restrictions on certain oil, energy and luxury goods imports from Russia.

These sanctions, as well as other economic consequences related to the invasion, such as additional sanctions, boycotts, changes in consumer or purchaser preferences, or cyberattacks on governments, companies or individuals, may further decrease the value and liquidity of certain Russian securities as well as securities of issuers in other countries that are subject to or otherwise adversely affected by economic sanctions related to Russia’s invasion of Ukraine, including Russian counter measures. 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.

*    *    *    *    *    *

Financial markets around the world may experience extreme volatility, depressed valuations, decreased liquidity and heightened uncertainty and turmoil resulting from major cybersecurity events, geopolitical events (including wars, such as Russia’s invasion of Ukraine, terror attacks, and disruptions to foreign economic and trade relationships), public health emergencies, such as the COVID-19 pandemic, measures to address budget deficits, downgrading of sovereign debt, and public sentiment, among other events. Resulting market volatility, dramatic changes to interest rates, and otherwise unfavorable economic conditions may negatively impact Fund performance or impair a Fund’s ability to achieve its investment objective.

In March 2023, the financial distress of certain financial institutions raised economic concerns over disruption in the U.S. banking system and regarding the solvency of certain financial services firms. There can be no certainty that the actions taken by the U.S. government to strengthen public confidence in the U.S. banking system will be effective in mitigating the effects of financial institution failures on the economy and restoring public confidence in the U.S. banking system.

*    *    *    *    *    *

Raising the ceiling on U.S. government debt has become increasingly politicized. Any failure to increase the total amount that the U.S. government is authorized to borrow could lead to a default on U.S. government obligations, with unpredictable consequences for economies and markets in the U.S. and elsewhere. On August 1, 2023, Fitch Ratings, Inc. downgraded its U.S. debt rating from the highest AAA rating to AA+, citing “a high and growing general government debt burden, and the erosion of governance relative to ‘AA’ and ‘AAA’ rated peers over the last two decades that has manifested in repeated debt limit standoffs and last-minute resolutions.” The impacts, if any, of the downgrade on financial markets are unknown at this time. The downgrade has potential market impacts, including but not limited to, steep stock market declines and rising bond yields.

 

112   WisdomTree Trust


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 18-19, 2023 (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 between WTAM and Mellon Investments Corporation (“Mellon” or the “Sub-Adviser”), pursuant to which Mellon coordinates the investment and reinvestment of the assets of the applicable Funds (“Sub-Advisory Agreements” and, 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 18, 2023, 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-Adviser. 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-Adviser’s operational capabilities and resources. The Board also discussed the role of WisdomTree, Inc. (“WT”), 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 WT indexes are unique, based on WT’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 WT’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 WT 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-Adviser, including oversight of the Sub-Adviser’s adherence to each Fund’s investment strategy and restrictions, monitoring of the Sub-Adviser’s buying and selling of securities and derivatives transactions, review of the Sub-Adviser’s performance, review of proxies voted by the Sub-Adviser and oversight of, and the provision of consultation to, the Sub-Adviser 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, compliance 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-Adviser 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-Adviser 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, 2023, 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 and mutual funds as comparison funds. The Board also noted

 

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

 

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.

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-Adviser in relation to the fees paid to WTAM by the Funds and the respective services provided by the Sub-Adviser and WTAM. The Board also noted that the Sub-Adviser’s 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-Adviser, including that the role of the 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 the 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 the 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 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-Adviser, 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-Adviser from acting as investment adviser and sub-adviser, 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.

 

114   WisdomTree Trust


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-Adviser, of the Funds and the services provided to the Funds by WTAM and the Sub-Adviser. 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.

 

WisdomTree Trust      115  


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 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/investments.

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/investments.

 

116   WisdomTree Trust


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, Inc., 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 Trust

Semi-Annual Report

September 30, 2023

 

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

       10  

WisdomTree Europe Hedged SmallCap Equity Fund

       13  

WisdomTree Germany Hedged Equity Fund

       17  

WisdomTree International Hedged Quality Dividend Growth Fund

       19  

WisdomTree Japan Hedged Equity Fund

       27  

WisdomTree Japan Hedged SmallCap Equity Fund

       34  

Statements of Assets and Liabilities (unaudited)

       43  

Statements of Operations (unaudited)

       44  

Statements of Changes in Net Assets (unaudited)

       45  

Financial Highlights (unaudited)

       47  

Notes to Financial Statements (unaudited)

       50  

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

       62  

General Information (unaudited)

       65  

“WisdomTree” is a registered mark of WisdomTree, Inc. (formerly, WisdomTree Investments, 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/investments.

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, 2023 to September 30, 2023. 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 183/366 (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, 2023 (unaudited)

WisdomTree Europe Hedged Equity Fund (HEDJ)

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Discretionary

    24.9

Consumer Staples

    14.9

Industrials

    14.1

Financials

    12.0

Information Technology

    9.4

Materials

    9.4

Health Care

    8.2

Communication Services

    5.7

Energy

    0.9

Utilities

    0.2

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. 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  

Stellantis NV

    7.8%  

Banco Bilbao Vizcaya Argentaria SA

    4.9%  

Banco Santander SA

    4.3%  

Sanofi

    4.3%  

ASML Holding NV

    4.1%  

L’Oreal SA

    3.9%  

LVMH Moet Hennessy Louis Vuitton SE

    3.8%  

Mercedes-Benz Group AG

    3.7%  

Deutsche Telekom AG, Registered Shares

    3.5%  

Bayerische Motoren Werke AG

    3.4%  
*

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 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, 2023)

 

         
     

Beginning

Account Value

    

Ending

Account Value

    

Annualized

Expense Ratio

   

Expenses Paid

During the

Period

 

Actual

   $ 1,000.00      $ 995.60        0.58   $ 2.89  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns

       -0.44      30.07      11.76      7.31      7.85

Fund Market Price Returns

       -0.86      31.30      11.69      7.30      7.77

WisdomTree Europe Hedged Equity Index

       -0.66      30.16      12.11      7.72      8.25

MSCI EMU Local Currency Index

       -1.78      24.29      9.93      5.01      6.35
*

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.

 

2   WisdomTree Trust


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    22.6%  

Financials

    19.3%  

Materials

    10.5%  

Utilities

    9.8%  

Real Estate

    8.5%  

Consumer Discretionary

    5.8%  

Information Technology

    5.7%  

Communication Services

    5.5%  

Consumer Staples

    5.1%  

Energy

    3.8%  

Health Care

    2.8%  

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. 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  

Klepierre SA

    2.4%  

BE Semiconductor Industries NV

    2.0%  

Enagas SA

    2.0%  

Banco BPM SpA

    1.9%  

Rexel SA

    1.9%  

ASR Nederland NV

    1.9%  

Merlin Properties Socimi SA

    1.7%  

A2A SpA

    1.7%  

Mapfre SA

    1.6%  

BAWAG Group AG

    1.5%  
*

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 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, 2023)

 

         
     

Beginning

Account Value

    

Ending

Account Value

    

Annualized

Expense Ratio

   

Expenses Paid

During the
Period

 

Actual

   $ 1,000.00      $ 1,008.80        0.58   $ 2.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns

       0.88      23.65      10.67      5.44      6.87

Fund Market Price Returns

       0.66      25.24      10.82      5.54      6.77

WisdomTree Europe Hedged SmallCap Equity Index

       0.80      23.82      10.79      5.56      6.97

MSCI European Economic and Monetary Union (EMU) Small Cap Local Currency Index

       -2.76      18.54      7.63      4.03      5.99
*

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, 2023 (unaudited)

WisdomTree Germany Hedged Equity Fund (DXGE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    23.6%  

Consumer Discretionary

    22.4%  

Materials

    11.0%  

Industrials

    9.8%  

Communication Services

    8.0%  

Health Care

    7.4%  

Information Technology

    6.8%  

Utilities

    6.3%  

Consumer Staples

    2.7%  

Energy

    0.1%  

Other Assets less Liabilities‡

    1.9%  

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  

Mercedes-Benz Group AG

    9.1%  

Allianz SE, Registered Shares

    8.6%  

Deutsche Telekom AG, Registered Shares

    8.1%  

Bayerische Motoren Werke AG

    6.4%  

Muenchener Rueckversicherungs-Gesellschaft AG, Registered Shares

    4.8%  

SAP SE

    4.6%  

E.ON SE

    4.5%  

BASF SE

    4.5%  

Hannover Rueck SE

    4.3%  

Deutsche Post AG, Registered Shares

    3.7%  
*

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 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, 2023)

 

         
     

Beginning

Account Value

    

Ending

Account Value

    

Annualized

Expense Ratio

   

Expenses Paid

During the
Period

 

Actual

   $ 1,000.00      $ 999.50        0.48   $ 2.40  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.60        0.48   $ 2.43  

Performance

 

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

Fund NAV Returns

       -0.05      31.05      11.35      6.87      7.47

Fund Market Price Returns

       -0.22      32.43      11.32      6.91      7.36

WisdomTree Germany Hedged Equity Index

       -0.57      31.10      11.46      7.03      7.62

MSCI Germany Local Currency Index

       -2.65      25.40      3.19      2.14      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 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, 2023 (unaudited)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Discretionary

    20.1%  

Health Care

    19.8%  

Consumer Staples

    18.3%  

Industrials

    14.5%  

Information Technology

    11.7%  

Financials

    5.0%  

Communication Services

    3.5%  

Materials

    2.4%  

Utilities

    2.0%  

Real Estate

    1.1%  

Energy

    0.8%  

Investment Company

    0.1%  

Other Assets less Liabilities‡

    0.7%  

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  

LVMH Moet Hennessy Louis Vuitton SE

    5.4%  

Novartis AG, Registered Shares

    4.7%  

Industria de Diseno Textil SA

    4.5%  

Unilever PLC

    4.5%  

GSK PLC

    4.1%  

Nestle SA, Registered Shares

    3.9%  

Novo Nordisk AS, Class B

    3.8%  

SAP SE

    3.1%  

L’Oreal SA

    2.9%  

Roche Holding AG

    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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,000.90        0.58   $ 2.90  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns

       0.09      19.51      8.28      8.39      8.43

Fund Market Price Returns

       -0.53      20.06      8.19      8.39      8.32

WisdomTree International Hedged Quality Dividend Growth Index

       0.27      20.22      8.85      8.98      9.07

MSCI EAFE Local Currency Index

       2.96      20.32      10.81      5.65      6.50
*

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 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, 2023 (unaudited)

WisdomTree Japan Hedged Equity Fund (DXJ)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    25.9%  

Consumer Discretionary

    17.5%  

Financials

    15.9%  

Information Technology

    10.7%  

Materials

    10.4%  

Health Care

    7.3%  

Consumer Staples

    6.2%  

Communication Services

    2.7%  

Energy

    1.9%  

Real Estate

    0.0%

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).

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

Toyota Motor Corp.

    5.1%  

Mitsubishi UFJ Financial Group, Inc.

    4.7%  

Mitsubishi Corp.

    3.5%  

Sumitomo Mitsui Financial Group, Inc.

    3.3%  

Mitsui & Co. Ltd.

    2.9%  

Japan Tobacco, Inc.

    2.7%  

Tokio Marine Holdings, Inc.

    2.4%  

Tokyo Electron Ltd.

    2.4%  

Takeda Pharmaceutical Co. Ltd.

    2.2%  

Honda Motor Co. 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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,264.70        0.48   $ 2.72  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.60        0.48   $ 2.43  

Performance

 

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

Fund NAV Returns

     26.47      48.65      25.65      11.74      10.57

Fund Market Price Returns

     25.78      47.92      25.28      11.72      10.46

WisdomTree Japan Hedged Equity Index

     27.03      49.86      26.19      12.26      11.26

MSCI Japan Local Currency Index

     17.43      29.82      15.40      7.78      8.85
*

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, 2023 (unaudited)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    25.0%  

Materials

    16.7%  

Consumer Discretionary

    16.6%  

Information Technology

    12.1%  

Financials

    10.7%  

Consumer Staples

    7.3%  

Health Care

    4.4%  

Communication Services

    1.9%  

Real Estate

    1.8%  

Energy

    1.4%  

Utilities

    0.8%  

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  

Kobe Steel Ltd.

    1.7

Cosmo Energy Holdings Co. Ltd.

    0.9

Tokyo Seimitsu Co. Ltd.

    0.7

Aozora Bank Ltd.

    0.7

Seven Bank Ltd.

    0.6

Nippon Electric Glass Co. Ltd.

    0.6

Macnica Holdings, Inc.

    0.6

Toyo Tire Corp.

    0.5

K’s Holdings Corp.

    0.5

Mebuki Financial Group, Inc.

    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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,201.50        0.58   $ 3.19  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns

     20.15      35.00      17.08      7.66      10.74

Fund Market Price Returns

     19.54      34.23      16.84      7.67      10.63

WisdomTree Japan Hedged SmallCap Equity Index

     20.63      35.98      17.66      8.20      11.48

MSCI Japan Small Cap Local Currency Index

     13.66      21.76      11.46      5.18      9.05
*

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  


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 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 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.

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 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 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.

 

8   WisdomTree Trust


Description of Terms and Indexes (unaudited) (concluded)

 

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.

* * * * * *

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)  

 

WisdomTree Trust      9  


Schedule of Investments (unaudited)

WisdomTree Europe Hedged Equity Fund (HEDJ)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.7%

 

Austria – 0.5%

 

ANDRITZ AG

     124,247      $ 6,290,555  

AT&S Austria Technologie & Systemtechnik AG

     17,775        527,316  
     

 

 

 
Total Austria

 

     6,817,871  
Belgium – 3.6%

 

Anheuser-Busch InBev SA

     420,759        23,392,082  

Barco NV

     41,673        810,949  

Bekaert SA

     71,186        3,198,626  

Melexis NV

     44,677        3,864,555  

Solvay SA

     101,261        11,240,978  

UCB SA

     78,682        6,459,436  
     

 

 

 
Total Belgium

 

     48,966,626  
Finland – 3.3%

 

Cargotec Oyj, Class B

     36,495        1,532,426  

Fiskars Oyj Abp(a)

     89,080        1,644,827  

Huhtamaki Oyj(a)

     63,736        2,102,017  

Kemira Oyj

     145,920        2,277,224  

Kone Oyj, Class B

     458,536        19,380,162  

Konecranes Oyj(a)

     102,288        3,407,037  

Metso Oyj(a)

     581,010        6,123,147  

Nokia Oyj

     1,172,683        4,429,951  

Valmet Oyj(a)

     206,528        4,736,209  
     

 

 

 
Total Finland

 

     45,633,000  
France – 25.7%

 

Air Liquide SA(a)

     112,310        19,006,289  

Airbus SE(a)

     123,061        16,544,331  

Arkema SA

     28,540        2,827,077  

BioMerieux(a)

     11,160        1,084,913  

Bureau Veritas SA(a)

     105,551        2,627,292  

Cie Generale des Etablissements Michelin SCA

     333,020        10,249,644  

Danone SA(a)

     292,421        16,179,735  

Dassault Aviation SA

     15,286        2,887,235  

Dassault Systemes SE

     65,936        2,463,935  

Eramet SA(a)

     17,208        1,316,321  

EssilorLuxottica SA(a)

     74,868        13,091,655  

Gaztransport & Technigaz SA(a)

     17,764        2,191,090  

Hermes International SCA

     10,151        18,590,803  

Imerys SA(a)

     36,482        1,081,509  

Interparfums SA

     12,139        676,024  

IPSOS SA

     15,133        697,601  

Kering SA(a)

     34,414        15,736,632  

L’Oreal SA

     128,423        53,462,561  

Lectra(a)

     6,888        187,786  

Legrand SA

     61,886        5,720,054  

LVMH Moet Hennessy Louis Vuitton SE(a)

     67,962        51,548,397  

Neoen SA(a)(b)

     1,654        48,367  

Nexans SA(a)

     8,102        660,934  

Pernod Ricard SA

     95,783        16,007,609  

Publicis Groupe SA

     109,899        8,349,676  

Remy Cointreau SA(a)

     6,407        784,502  

Rubis SCA

     97,297        2,188,000  

Sanofi

     542,900        58,330,237  

Sartorius Stedim Biotech(a)

     3,516      841,300  

Schneider Electric SE

     134,659        22,380,673  

Societe BIC SA

     15,522        1,026,298  

Sodexo SA

     22,248        2,297,091  

Teleperformance SE

     7,513        949,754  

Valeo SE(a)

     55,175        953,942  
     

 

 

 
Total France

 

     352,989,267  
Germany – 23.6%

 

adidas AG

     67,505        11,908,485  

AIXTRON SE

     12,309        453,780  

BASF SE

     683,606        31,085,830  

Bayer AG, Registered Shares

     398,367        19,169,495  

Bayerische Motoren Werke AG

     451,329        46,054,662  

Beiersdorf AG

     17,107        2,212,385  

Brenntag SE

     35,969        2,798,279  

Deutsche Telekom AG, Registered Shares

     2,263,626        47,615,929  

Duerr AG

     14,698        399,931  

Evonik Industries AG

     290,120        5,321,626  

GEA Group AG

     47,260        1,749,277  

Hannover Rueck SE

     65,768        14,476,466  

Hapag-Lloyd AG(a)(b)

     73,809        13,456,618  

Heidelberg Materials AG

     103,531        8,058,781  

Henkel AG & Co. KGaA

     79,914        5,052,847  

HOCHTIEF AG

     28,286        2,867,502  

Hugo Boss AG

     15,507        983,769  

Infineon Technologies AG

     136,528        4,532,335  

Jenoptik AG

     2,864        72,774  

Krones AG

     6,747        696,837  

Mercedes-Benz Group AG

     718,918        50,152,467  

Merck KGaA

     13,964        2,338,151  

MTU Aero Engines AG

     6,087        1,106,862  

Puma SE

     23,892        1,487,385  

SAP SE

     245,726        31,953,147  

Siemens Healthineers AG(b)

     201,376        10,233,929  

Siltronic AG

     13,572        1,163,199  

Symrise AG

     13,211        1,263,319  

Wacker Chemie AG

     36,346        5,219,992  
     

 

 

 
Total Germany

 

     323,886,059  
Ireland – 0.5%

 

Glanbia PLC(a)

     177,734        2,937,425  

Kerry Group PLC, Class A

     42,453        3,558,913  
     

 

 

 
Total Ireland

 

     6,496,338  
Italy – 2.4%

 

Brunello Cucinelli SpA(a)

     15,564        1,187,268  

Carel Industries SpA(b)

     15,857        381,101  

Davide Campari-Milano NV

     167,830        1,983,909  

DiaSorin SpA

     10,028        917,534  

Ferrari NV

     45,720        13,539,173  

Leonardo SpA

     246,341        3,562,713  

Moncler SpA

     78,073        4,552,901  

Prysmian SpA

     95,997        3,877,445  

Reply SpA

     5,042        475,368  

 

See Notes to Financial Statements.

 

10   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Europe Hedged Equity Fund (HEDJ)

September 30, 2023

 

 

 

Investments    Shares      Value  

Salvatore Ferragamo SpA(a)

     80,806      $ 1,072,839  

Webuild SpA

     890,503        1,588,652  
     

 

 

 
Total Italy

 

     33,138,903  
Netherlands – 17.2%

 

Aegon NV(a)

     2,212,709        10,734,278  

Arcadis NV

     61,630        2,779,682  

ASM International NV

     9,868        4,152,979  

ASML Holding NV

     95,851        56,738,726  

BE Semiconductor Industries NV

     116,534        11,474,375  

Corbion NV

     29,868        596,405  

Heineken Holding NV

     137,633        10,404,333  

Heineken NV(a)

     329,262        29,094,670  

IMCD NV(a)

     15,573        1,978,550  

JDE Peet’s NV(a)

     287,741        8,048,742  

Koninklijke Ahold Delhaize NV

     838,166        25,308,884  

Koninklijke Vopak NV

     188,558        6,472,192  

OCI NV*

     775,040        21,654,938  

SBM Offshore NV(a)

     317,015        4,172,001  

Signify NV(b)

     154,100        4,162,043  

Universal Music Group NV(a)

     846,713        22,169,392  

Wolters Kluwer NV

     139,143        16,889,969  
     

 

 

 
Total Netherlands

 

     236,832,159  
Portugal – 0.1%

 

Altri SGPS SA(a)

     198,238        899,565  

Greenvolt-Energias Renovaveis SA*

     189        1,067  
     

 

 

 
Total Portugal

 

     900,632  
Spain – 13.4%

 

Acerinox SA

     545,045        5,288,237  

ACS Actividades de Construccion y Servicios SA

     761,483        27,467,921  

Banco Bilbao Vizcaya Argentaria SA(a)

     8,237,590        67,243,141  

Banco Santander SA

     15,472,250        59,275,536  

CIE Automotive SA

     79,444        2,156,615  

Ebro Foods SA(a)

     104,878        1,765,529  

Fluidra SA(a)

     225,458      4,623,690  

Mapfre SA

     6,295,248        12,863,631  

Viscofan SA(a)

     48,690        2,979,621  
     

 

 

 
Total Spain

 

     183,663,921  
Switzerland – 1.0%

 

DSM-Firmenich AG

     81,881        6,946,591  

STMicroelectronics NV(a)

     148,483        6,443,103  
     

 

 

 
Total Switzerland

 

     13,389,694  
United Kingdom – 0.6%

 

CNH Industrial NV

     679,480        8,301,870  
United States – 7.8%

 

Stellantis NV

     5,546,271        106,931,208  

TOTAL COMMON STOCKS

(Cost: $1,236,065,139)

 

 

     1,367,947,548  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.3%

 

United States – 4.3%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 5.36%(c)

 

  
(Cost: $58,888,051)      58,888,051        58,888,051  

TOTAL INVESTMENTS IN SECURITIES – 104.0%

(Cost: $1,294,953,190)

 

 

     1,426,835,599  

Other Assets less Liabilities – (4.0)%

 

     (54,969,320
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,371,866,279  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $68,385,583 and the total market value of the collateral held by the Fund was $71,924,905. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $13,036,854.

 

(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, 2023.

 

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
 

Barclays Bank PLC

    10/4/2023       354,337,039       USD       326,014,227       EUR     $ 9,155,541     $  

Citibank NA

    10/3/2023       664,515       USD       628,460       EUR             (867

Citibank NA

    10/4/2023       354,337,039       USD       326,014,227       EUR       9,155,541        

Goldman Sachs

    10/4/2023       332,738,126       EUR       352,306,455       USD             (5,742

Goldman Sachs

    11/3/2023       340,697,439       USD       321,379,328       EUR       3,201        

HSBC Holdings PLC

    10/4/2023       332,740,010       EUR       352,306,454       USD             (3,745

HSBC Holdings PLC

    10/4/2023       354,337,039       USD       326,013,927       EUR       9,155,858        

HSBC Holdings PLC

    11/3/2023       340,697,439       USD       321,380,843       EUR       1,594        

JP Morgan Chase Bank NA

    10/4/2023       7,572,325       EUR       8,122,339       USD             (104,816

JP Morgan Chase Bank NA

    10/4/2023       332,741,267       EUR       352,306,454       USD             (2,414

JP Morgan Chase Bank NA

    11/3/2023       340,697,439       USD       321,380,843       EUR       1,594        

Morgan Stanley & Co. International

    10/4/2023       332,740,953       EUR       352,306,454       USD             (2,747

Morgan Stanley & Co. International

    10/4/2023       354,337,039       USD       326,027,726       EUR       9,141,249        

Morgan Stanley & Co. International

    11/3/2023       340,697,439       USD       321,382,056       EUR       309        
                                            $ 36,614,887     $ (120,331

 

See Notes to Financial Statements.

 

WisdomTree Trust      11  


Schedule of Investments (unaudited) (concluded)

WisdomTree Europe Hedged Equity Fund (HEDJ)

September 30, 2023

 

 

 

FAIR VALUATION SUMMARY
The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 1,367,947,548      $      $      $ 1,367,947,548  

Investment of Cash Collateral for Securities Loaned

            58,888,051               58,888,051  

Total Investments in Securities

   $ 1,367,947,548      $ 58,888,051      $  —      $ 1,426,835,599  

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ 36,614,887      $      $ 36,614,887  

Liabilities:

 

     

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (120,331    $      $ (120,331

Total – Net

   $ 1,367,947,548      $ 95,382,607      $      $ 1,463,330,155  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

12   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.4%

 

Austria – 6.5%

 

ANDRITZ AG

     12,773      $ 646,690  

AT&S Austria Technologie & Systemtechnik AG

     2,201        65,295  

BAWAG Group AG*(a)

     19,405        892,888  

EVN AG

     13,422        359,527  

Oesterreichische Post AG

     8,618        283,310  

Porr AG

     2,982        37,065  

S IMMO AG*

     4,898        66,481  

Schoeller-Bleckmann Oilfield Equipment AG

     538        31,784  

Semperit AG Holding

     1,888        34,101  

Telekom Austria AG

     12,732        88,968  

UNIQA Insurance Group AG

     28,973        234,972  

Vienna Insurance Group AG Wiener Versicherung Gruppe

     6,039        168,796  

Voestalpine AG

     22,809        624,011  

Wienerberger AG

     8,944        227,646  
     

 

 

 
Total Austria

 

     3,761,534  
Belgium – 7.5%

 

Ackermans & van Haaren NV

     1,546        234,230  

Aedifica SA

     3,949        225,147  

Barco NV

     4,201        81,751  

Bekaert SA

     7,388        331,968  

bpost SA

     29,180        160,187  

Cofinimmo SA

     7,635        524,623  

Econocom Group SA

     5,921        15,641  

Etablissements Franz Colruyt NV

     14,620        634,017  

Euronav NV

     3,581        58,236  

Fagron

     2,878        49,088  

Intervest Offices & Warehouses NV

     2,972        43,108  

Melexis NV

     3,493        302,144  

Proximus SADP

     100,122        816,020  

Recticel SA(b)

     2,673        26,546  

VGP NV

     4,332        403,383  

Warehouses De Pauw CVA

     14,125        350,541  

Xior Student Housing NV

     2,784        79,879  
     

 

 

 
Total Belgium

 

     4,336,509  
Denmark – 0.1%

 

Cementir Holding NV

     8,037        63,819  
Finland – 8.7%

 

Cargotec Oyj, Class B

     4,024        168,968  

Caverion Oyj

     9,533        86,901  

Citycon Oyj*(b)

     33,062        185,698  

Harvia Oyj

     1,894        51,295  

Huhtamaki Oyj

     6,776        223,473  

Kemira Oyj

     11,341        176,987  

Kesko Oyj, Class B

     35,755        642,410  

Kojamo Oyj(b)

     16,597        147,605  

Konecranes Oyj

     10,555        351,569  

Lassila & Tikanoja Oyj

     3,392        34,979  

Metsa Board Oyj, Class B(b)

     30,699        247,182  

Metso Oyj

     59,938        631,675  

Musti Group Oyj*

     2,119        40,383  

Orion Oyj, Class B

     8,451      333,026  

Outokumpu Oyj

     41,133        172,848  

Puuilo Oyj

     12,092        103,123  

Raisio Oyj, Class V

     16,507        36,090  

Sanoma Oyj

     4,689        34,553  

Terveystalo Oyj(a)(b)

     11,313        90,551  

TietoEVRY Oyj

     16,176        364,791  

Tokmanni Group Corp.

     10,933        152,215  

Uponor Oyj

     8,369        251,998  

Valmet Oyj(b)

     21,743        498,622  
     

 

 

 
Total Finland

 

     5,026,942  
France – 16.7%

 

Alten SA

     887        117,013  

Antin Infrastructure Partners SA

     3,226        41,772  

Arkema SA

     6,438        637,727  

Beneteau SA

     5,642        68,456  

Cie Plastic Omnium SE

     7,269        118,519  

Coface SA

     28,780        368,087  

Derichebourg SA

     27,338        138,353  

Elis SA

     17,710        312,383  

Eramet SA

     4,000        305,979  

Etablissements Maurel & Prom SA

     21,771        112,761  

Eurazeo SE

     5,635        336,784  

Fnac Darty SA(b)

     3,682        90,441  

Gaztransport & Technigaz SA

     3,858        475,863  

Imerys SA

     7,666        227,258  

Interparfums SA

     2,925        162,894  

IPSOS SA

     3,594        165,676  

Klepierre SA

     56,898        1,399,393  

Lectra

     1,688        46,020  

LISI

     1,985        46,761  

Maisons du Monde SA(a)

     6,248        48,191  

Neoen SA(a)

     858        25,090  

Nexans SA

     1,785        145,614  

Quadient SA

     3,130        63,295  

Rexel SA

     48,203        1,087,044  

Rothschild & Co.

     2,269        92,729  

Rubis SCA

     21,137        475,326  

Societe BIC SA

     3,421        226,193  

Sopra Steria Group SACA

     1,115        231,261  

SPIE SA

     10,517        306,432  

Technip Energies NV

     14,981        373,847  

Television Francaise 1 SA(b)

     33,714        258,608  

Trigano SA

     811        110,336  

Valeo SE

     11,668        201,733  

Verallia SA(a)

     10,099        398,609  

Vicat SACA

     5,007        153,469  

Wendel SE

     3,864        307,030  
     

 

 

 
Total France

 

     9,676,947  
Germany – 13.1%

 

7C Solarparken AG

     7,952        27,236  

AIXTRON SE

     2,742        101,086  

alstria office REIT-AG

     4,086        16,115  

 

See Notes to Financial Statements.

 

WisdomTree Trust      13  


Schedule of Investments (unaudited) (continued)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

September 30, 2023

 

 

 

Investments    Shares      Value  

Aurubis AG

     2,714      $ 201,544  

BayWa AG

     1,930        68,862  

Bechtle AG

     4,348        203,656  

Bilfinger SE

     3,710        127,423  

CompuGroup Medical SE & Co. KGaA

     1,759        69,056  

CropEnergies AG

     6,182        51,838  

Dermapharm Holding SE

     6,909        286,159  

Deutz AG

     11,990        53,063  

Duerr AG

     3,232        87,942  

Energiekontor AG

     522        42,555  

Fielmann Group AG

     6,464        279,773  

Freenet AG

     22,996        540,017  

GEA Group AG

     10,676        395,160  

Gerresheimer AG

     1,564        164,678  

Hamborner REIT AG

     8,769        59,883  

Hamburger Hafen und Logistik AG

     7,025        125,102  

Hensoldt AG

     2,691        79,604  

HOCHTIEF AG

     6,562        665,225  

Hornbach Holding AG & Co. KGaA

     1,377        88,130  

Hugo Boss AG

     3,646        231,303  

Indus Holding AG

     2,986        63,545  

Instone Real Estate Group SE(a)

     9,317        57,904  

JOST Werke SE(a)

     982        47,202  

K & S AG, Registered Shares

     6,124        111,391  

Kloeckner & Co. SE

     29,506        213,522  

Krones AG

     1,652        170,620  

Mutares SE & Co. KGaA

     2,733        79,718  

Rheinmetall AG

     2,123        548,220  

SAF-Holland SE

     5,442        70,351  

Salzgitter AG

     4,775        126,894  

Scout24 SE(a)

     3,048        211,889  

Siltronic AG

     3,242        277,858  

Sixt SE

     2,925        271,903  

Stroeer SE & Co. KGaA

     6,645        296,190  

Suedzucker AG

     23,533        350,811  

Synlab AG

     14,378        153,597  

United Internet AG, Registered Shares

     12,230        262,337  

Varta AG*(b)

     8,299        157,939  

VERBIO Vereinigte BioEnergie AG

     388        15,655  

Wacker Neuson SE

     4,766        97,388  
     

 

 

 
Total Germany

 

     7,550,344  
Ireland – 0.8%

 

Cairn Homes PLC

     75,282        87,197  

Glanbia PLC

     18,421        304,445  

Origin Enterprises PLC

     11,919        41,139  
     

 

 

 
Total Ireland

 

     432,781  
Italy – 19.8%

 

A2A SpA

     551,511        984,476  

ACEA SpA

     13,207        144,164  

Alerion Cleanpower SpA

     2,291        64,642  

Anima Holding SpA(a)

     71,919        302,293  

Ariston Holding NV

     4,399        28,713  

Arnoldo Mondadori Editore SpA

     22,400        50,752  

Azimut Holding SpA

     26,455      579,231  

Banca Generali SpA

     17,820        632,231  

Banca Mediolanum SpA

     91,186        782,193  

Banca Popolare di Sondrio SpA

     51,229        264,468  

Banco BPM SpA

     231,112        1,109,668  

BPER Banca

     112,184        344,091  

Brembo SpA

     19,832        246,926  

Brunello Cucinelli SpA(b)

     1,644        125,409  

Buzzi SpA

     11,047        303,161  

Cairo Communication SpA

     28,422        48,448  

Carel Industries SpA(a)

     1,622        38,982  

Credito Emiliano SpA

     18,343        151,093  

Danieli & C Officine Meccaniche SpA(b)

     2,616        74,505  

De’ Longhi SpA

     15,730        343,408  

El.En. SpA(b)

     3,036        27,981  

Enav SpA(a)

     32,434        120,326  

ERG SpA

     15,470        374,093  

Esprinet SpA(b)

     9,192        47,200  

Hera SpA

     186,030        510,124  

Immobiliare Grande Distribuzione SIIQ SpA(b)

     25,234        57,040  

Interpump Group SpA

     1,790        82,421  

Iren SpA

     215,682        416,745  

Italgas SpA

     167,805        862,024  

Italian Sea Group SpA

     3,708        28,933  

Leonardo SpA

     25,228        364,861  

Maire Tecnimont SpA

     46,940        193,424  

MARR SpA

     6,989        88,795  

OVS SpA(a)

     14,972        31,196  

Piaggio & C SpA

     41,512        132,995  

RAI Way SpA(a)

     18,224        95,509  

Reply SpA

     595        56,098  

Salcef Group SpA

     4,103        95,786  

Salvatore Ferragamo SpA(b)

     9,021        119,769  

Sanlorenzo SpA

     1,575        59,197  

SOL SpA

     2,572        72,979  

Technogym SpA(a)

     11,463        88,839  

Unieuro SpA(a)(b)

     5,633        50,515  

Unipol Gruppo SpA

     111,856        606,586  

Webuild SpA(b)

     91,515        163,262  

Zignago Vetro SpA

     6,309        94,717  
     

 

 

 
Total Italy

 

     11,460,269  
Netherlands – 8.0%

 

Aalberts NV

     7,336        269,359  

AMG Critical Materials NV

     1,672        50,452  

Arcadis NV(b)

     6,550        295,423  

ASR Nederland NV

     28,899        1,086,799  

BE Semiconductor Industries NV(b)

     11,981        1,179,694  

Corbion NV

     3,101        61,921  

ForFarmers NV(b)

     17,905        47,013  

Koninklijke Heijmans NV

     7,779        88,125  

Koninklijke Vopak NV

     19,437        667,169  

SBM Offshore NV(b)

     32,568        428,604  

Signify NV(a)

     15,883        428,979  

Sligro Food Group NV

     2,539        45,107  
     

 

 

 
Total Netherlands

 

     4,648,645  

 

See Notes to Financial Statements.

 

14   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

September 30, 2023

 

 

 

Investments    Shares      Value  
Portugal – 2.7%

 

Altri SGPS SA(b)

     20,075      $ 91,096  

Banco Comercial Portugues SA, Class R*

     238,481        65,749  

Corticeira Amorim SGPS SA

     7,330        75,511  

CTT-Correios de Portugal SA

     15,311        56,332  

Mota-Engil SGPS SA

     32,070        116,293  

Navigator Co. SA

     83,374        314,955  

NOS SGPS SA

     82,685        304,824  

REN – Redes Energeticas Nacionais SGPS SA

     107,113        274,442  

Sonae SGPS SA

     253,094        246,526  
     

 

 

 
Total Portugal

 

     1,545,728  
Spain – 15.5%

 

Acerinox SA

     56,553        548,699  

Almirall SA

     8,616        87,755  

Applus Services SA

     8,462        88,695  

Banco de Sabadell SA

     508,058        591,966  

Bankinter SA

     127,472        815,704  

Cia de Distribucion Integral Logista Holdings SA

     27,938        715,820  

CIE Automotive SA

     8,376        227,378  

Construcciones y Auxiliar de Ferrocarriles SA

     3,255        102,008  

Ebro Foods SA

     5,445        91,662  

Enagas SA

     68,930        1,144,321  

Ence Energia y Celulosa SA(b)

     44,885        150,835  

Ercros SA

     8,223        26,205  

Faes Farma SA

     33,221        112,553  

Fluidra SA(b)

     23,161        474,986  

Gestamp Automocion SA(a)

     31,151        130,275  

Global Dominion Access SA(a)

     10,076        35,738  

Grupo Catalana Occidente SA

     2,974        96,036  

Indra Sistemas SA

     6,946        100,751  

Inmobiliaria Colonial Socimi SA

     56,555        322,142  

Laboratorios Farmaceuticos Rovi SA

     3,891        211,541  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros(b)

     87,378        80,948  

Mapfre SA

     464,328        948,802  

Merlin Properties Socimi SA

     116,655        986,215  

Pharma Mar SA

     534        18,160  

Prosegur Cash SA(a)

     47,047      29,339  

Prosegur Compania de Seguridad SA

     47,585        76,881  

Sacyr SA

     75,257        221,665  

Talgo SA(a)(b)

     9,290        34,573  

Unicaja Banco SA(a)

     178,683        192,775  

Viscofan SA

     4,550        278,441  
     

 

 

 
Total Spain

 

     8,942,869  
TOTAL COMMON STOCKS
(Cost: $59,791,672)

 

     57,446,387  
RIGHTS – 0.0%

 

Italy – 0.0%

 

Brembo SpA, expiring 10/3/23*
(Cost: $0)
     18,786        0  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.9%

 

United States – 2.9%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

(Cost: $1,664,262)

     1,664,262        1,664,262  

TOTAL INVESTMENTS IN SECURITIES – 102.3%

(Cost: $61,455,934)

 

 

     59,110,649  

Other Assets less Liabilities – (2.3)%

 

     (1,319,179
     

 

 

 
NET ASSETS – 100.0%

 

   $ 57,791,470  

 

* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $92,729, which represents 0.16% 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, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $3,458,188 and the total market value of the collateral held by the Fund was $3,605,697. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,941,435.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

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

    10/3/2023       28,053       USD       26,531       EUR     $     $ (37

Barclays Bank PLC

    10/4/2023       14,508,153       USD       13,348,490       EUR       374,869        

Barclays Bank PLC

    10/4/2023       1,706,841       USD       1,592,663       EUR       20,541        

Citibank NA

    10/4/2023       277,947       EUR       294,096       USD       193        

Citibank NA

    10/4/2023       14,508,152       USD       13,348,489       EUR       374,869        

Goldman Sachs

    10/4/2023       14,035,887       EUR       14,861,337       USD             (242

Goldman Sachs

    11/3/2023       14,334,798       USD       13,521,991       EUR       135        

HSBC Holdings PLC

    10/4/2023       14,035,968       EUR       14,861,339       USD             (158

HSBC Holdings PLC

    10/4/2023       14,508,152       USD       13,348,476       EUR       374,882        

HSBC Holdings PLC

    11/3/2023       14,334,797       USD       13,522,054       EUR       67        

 

See Notes to Financial Statements.

 

WisdomTree Trust      15  


Schedule of Investments (unaudited) (concluded)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

September 30, 2023

 

 

 

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

    10/4/2023       14,036,021       EUR       14,861,339       USD     $     $ (102

JP Morgan Chase Bank NA

    11/3/2023       14,334,797       USD       13,522,054       EUR       67        

Morgan Stanley & Co. International

    10/4/2023       14,036,008       EUR       14,861,339       USD             (116

Morgan Stanley & Co. International

    10/4/2023       14,508,152       USD       13,349,041       EUR       374,284        

Morgan Stanley & Co. International

    11/3/2023       14,334,797       USD       13,522,105       EUR       13        
                                            $ 1,519,920     $ (655

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

           

France

   $ 9,584,218      $      $ 92,729 *     $ 9,676,947  

Other

     47,769,440                      47,769,440  

Rights

                   0 *       0  

Investment of Cash Collateral for Securities Loaned

            1,664,262               1,664,262  

Total Investments in Securities

   $ 57,353,658      $ 1,664,262      $ 92,729      $ 59,110,649  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 1,519,920      $      $ 1,519,920  

Liabilities:

        

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (655    $      $ (655

Total – Net

   $ 57,353,658      $ 3,183,527      $ 92,729      $ 60,629,914  

 

* 

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

16   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Germany Hedged Equity Fund (DXGE)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.1%

 

Germany – 98.1%

 

Aerospace & Defense – 1.2%

 

Hensoldt AG

     635      $ 18,784  

MTU Aero Engines AG

     377        68,554  

Rheinmetall AG

     525        135,570  
     

 

 

 
Total Aerospace & Defense

 

     222,908  
Air Freight & Logistics – 3.7%

 

Deutsche Post AG, Registered Shares

     17,372        708,759  
Automobile Components – 0.2%

 

Hella GmbH & Co. KGaA

     405        28,729  
Automobiles – 17.6%

 

Bayerische Motoren Werke AG

     12,026        1,227,161  

Mercedes-Benz Group AG

     25,066        1,748,630  

Volkswagen AG

     3,168        418,259  
     

 

 

 
Total Automobiles

 

     3,394,050  
Capital Markets – 4.4%

 

Deutsche Bank AG, Registered Shares

     26,097        288,735  

Deutsche Boerse AG

     2,196        380,605  

DWS Group GmbH & Co. KGaA(a)

     4,957        168,993  
     

 

 

 
Total Capital Markets

 

     838,333  
Chemicals – 8.1%

 

BASF SE

     18,880        858,536  

Evonik Industries AG

     16,908        310,141  

K & S AG, Registered Shares

     1,499        27,266  

Symrise AG

     790        75,544  

Wacker Chemie AG

     2,079        298,585  
     

 

 

 
Total Chemicals

 

     1,570,072  
Commercial Services & Supplies – 0.2%

 

Bilfinger SE

     901        30,946  
Construction & Engineering – 0.9%

 

HOCHTIEF AG

     1,619        164,127  
Construction Materials – 2.4%

 

Heidelberg Materials AG

     5,930        461,587  
Diversified Telecommunication Services – 8.1%

 

Deutsche Telekom AG, Registered Shares

     73,787        1,552,128  
Electrical Equipment – 0.2%

 

Varta AG*(b)

     2,047        38,957  
Electronic Equipment, Instruments & Components – 0.0%

 

Jenoptik AG

     338        8,589  
Food Products – 0.4%

 

Suedzucker AG

     5,791        86,328  
Ground Transportation – 0.3%

 

Sixt SE(b)

     714        66,372  
Health Care Equipment & Supplies – 3.2%

 

Carl Zeiss Meditec AG, Bearer Shares

     379        33,233  

Siemens Healthineers AG(a)

     11,545        586,717  
     

 

 

 
Total Health Care Equipment & Supplies

 

     619,950  
Health Care Providers & Services – 0.2%

 

Synlab AG

     3,543        37,849  
Health Care Technology – 0.1%

 

CompuGroup Medical SE & Co. KGaA

     398        15,625  
Household Products – 1.5%

 

Henkel AG & Co. KGaA

     4,673      295,467  
Independent Power & Renewable Electricity Producers – 1.8%

 

RWE AG

     9,229        343,458  
Insurance – 19.3%

 

Allianz SE, Registered Shares

     6,947        1,660,054  

Hannover Rueck SE

     3,786        833,352  

Muenchener Rueckversicherungs-Gesellschaft AG, Registered Shares

     2,350        918,344  

Talanx AG

     4,798        304,793  
     

 

 

 
Total Insurance

 

     3,716,543  
IT Services – 0.3%

 

Bechtle AG

     1,068        50,024  
Life Sciences Tools & Services – 0.2%

 

Gerresheimer AG

     381        40,116  
Machinery – 0.8%

 

Duerr AG

     749        20,380  

GEA Group AG

     2,592        95,940  

Krones AG

     399        41,209  
     

 

 

 
Total Machinery

 

     157,529  
Marine Transportation – 1.6%

 

Hapag-Lloyd AG(a)

     1,707        311,215  
Metals & Mining – 0.4%

 

Aurubis AG

     673        49,977  

Salzgitter AG

     1,190        31,624  
     

 

 

 
Total Metals & Mining

 

     81,601  
Multi-Utilities – 4.5%

 

E.ON SE

     73,847        875,678  
Oil, Gas & Consumable Fuels – 0.1%

 

CropEnergies AG

     1,503        12,603  
Personal Care Products – 0.7%

 

Beiersdorf AG

     1,013        131,008  
Pharmaceuticals – 3.7%

 

Bayer AG, Registered Shares

     12,123        583,361  

Merck KGaA

     825        138,139  
     

 

 

 
Total Pharmaceuticals

 

     721,500  
Semiconductors & Semiconductor Equipment – 1.8%

 

AIXTRON SE

     660        24,331  

Infineon Technologies AG

     7,760        257,610  

Siltronic AG

     803        68,822  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     350,763  
Software – 4.7%

 

Nemetschek SE

     491        30,089  

SAP SE

     6,788        882,682  
     

 

 

 
Total Software

 

     912,771  
Specialty Retail – 0.5%

 

Fielmann Group AG

     2,186        94,614  
Textiles, Apparel & Luxury Goods – 4.1%

 

adidas AG

     3,734        658,711  

Hugo Boss AG

     843        53,480  

Puma SE

     1,396        86,907  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     799,098  

 

See Notes to Financial Statements.

 

WisdomTree Trust      17  


Schedule of Investments (unaudited) (concluded)

WisdomTree Germany Hedged Equity Fund (DXGE)

September 30, 2023

 

 

 

Investments    Shares      Value  
Trading Companies & Distributors – 0.9%

 

BayWa AG

     479      $ 17,091  

Brenntag SE

     2,121        165,007  
     

 

 

 
Total Trading Companies & Distributors

 

     182,098  

TOTAL COMMON STOCKS

(Cost: $18,378,767)

 

 

     18,921,395  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.3%

 

United States – 0.3%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 5.36%(c)

     
(Cost: $54,130)      54,130        54,130  

TOTAL INVESTMENTS IN SECURITIES – 98.4%

(Cost: $18,432,897)

   18,975,525  

Other Assets less Liabilities – 1.6%

     299,790  
     

 

 

 
NET ASSETS – 100.0%    $ 19,275,315  

 

* 

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, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $51,534 and the total market value of the collateral held by the Fund was $54,130.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

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
 

Barclays Bank PLC

    10/4/2023       9,856,845       USD       9,068,969       EUR     $ 254,686     $  

Citibank NA

    10/4/2023       4,654,707       EUR       4,928,422       USD             (52

Citibank NA

    10/4/2023       4,928,423       USD       4,534,485       EUR       127,343        

Citibank NA

    10/24/2023       4,807,079       USD       4,536,422       EUR       5        

Goldman Sachs

    10/4/2023       4,654,681       EUR       4,928,423       USD             (80

Goldman Sachs

    10/24/2023       4,807,081       USD       4,536,437       EUR             (8

HSBC Holdings PLC

    10/2/2023       1,200       USD       1,135       EUR             (2

HSBC Holdings PLC

    10/4/2023       4,654,708       EUR       4,928,423       USD             (52

HSBC Holdings PLC

    10/4/2023       4,928,423       USD       4,534,481       EUR       127,347        

HSBC Holdings PLC

    10/24/2023       4,807,081       USD       4,536,420       EUR       10        

JP Morgan Chase Bank NA

    10/4/2023       4,654,725       EUR       4,928,423       USD             (34

JP Morgan Chase Bank NA

    10/24/2023       4,807,081       USD       4,536,418       EUR       12        
                                            $ 509,403     $ (228

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 18,921,395      $      $      $ 18,921,395  

Investment of Cash Collateral for Securities Loaned

            54,130               54,130  

Total Investments in Securities

   $ 18,921,395      $ 54,130      $      $ 18,975,525  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 509,403      $      $ 509,403  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (228    $      $ (228

Total – Net

   $ 18,921,395      $ 563,305      $      $ 19,484,700  
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 International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2023

 

 

 

Investments   Shares      Value  
COMMON STOCKS – 99.2%

 

Australia – 5.4%

 

Altium Ltd.

    39,910      $ 1,112,999  

ARB Corp. Ltd.(a)

    33,213        670,508  

Aristocrat Leisure Ltd.

    161,931        4,269,244  

AUB Group Ltd.

    50,090        942,040  

Beach Energy Ltd.

    551,589        583,832  

Breville Group Ltd.(a)

    112,896        1,602,987  

Cochlear Ltd.(a)

    17,936        2,955,557  

Coles Group Ltd.

    778,957        7,822,615  

Computershare Ltd.

    242,607        4,064,779  

CSL Ltd.

    89,669        14,514,388  

Goodman Group

    635,920        8,803,567  

IDP Education Ltd.(a)

    36,687        506,231  

Netwealth Group Ltd.

    58,272        567,892  

Northern Star Resources Ltd.

    490,714        3,312,753  

Pinnacle Investment Management Group Ltd.(a)

    210,702        1,223,883  

Pro Medicus Ltd.(a)

    6,731        362,262  

REA Group Ltd.(a)

    27,205        2,709,566  

Seven Group Holdings Ltd.

    181,719        3,653,316  

Technology One Ltd.

    121,219        1,213,421  

Washington H Soul Pattinson & Co. Ltd.(a)

    168,442        3,542,939  

Wesfarmers Ltd.

    819,843        27,969,631  

WiseTech Global Ltd.

    8,557        359,251  
    

 

 

 
Total Australia

 

     92,763,661  
Austria – 0.3%

 

Oesterreichische Post AG

    80,658        2,651,566  

Verbund AG

    33,335        2,719,359  
    

 

 

 
Total Austria

 

     5,370,925  
Belgium – 0.7%

 

Etablissements Franz Colruyt NV(a)

    91,385        3,963,039  

UCB SA

    53,219        4,369,039  

VGP NV(a)

    35,154        3,273,437  
    

 

 

 
Total Belgium

 

     11,605,515  
China – 0.6%

 

BOC Aviation Ltd.(b)

    466,100        3,252,407  

Prosus NV*

    245,494        7,256,877  
    

 

 

 
Total China

 

     10,509,284  
Denmark – 5.0%

 

Alm Brand AS

    918,736        1,381,391  

Chemometec AS*

    4,993        238,478  

Chr Hansen Holding AS

    32,520        1,996,486  

Coloplast AS, Class B

    63,877        6,780,220  

Novo Nordisk AS, Class B

    702,802        64,251,222  

Novozymes AS, Class B

    49,438        1,998,381  

Pandora AS

    69,661        7,235,914  

Royal Unibrew AS

    26,074        2,020,557  
    

 

 

 
Total Denmark

 

     85,902,649  
Finland – 1.7%

 

Kone Oyj, Class B

    335,157        14,165,512  

Konecranes Oyj

    74,667        2,487,029  

Neste Oyj(a)

     225,704      $ 7,677,917  

Valmet Oyj(a)

     164,707        3,777,147  
     

 

 

 
Total Finland

 

     28,107,605  
France – 12.9%

 

Bollore SE

     620,871        3,345,897  

Capgemini SE

     38,831        6,816,423  

Carrefour SA

     382,658        6,597,691  

Gaztransport & Technigaz SA

     20,129        2,482,799  

Hermes International SCA

     10,528        19,281,251  

Kering SA

     53,802        24,602,263  

L’Oreal SA

     119,168        49,609,700  

La Francaise des Jeux SAEM(b)

     129,386        4,219,213  

LVMH Moet Hennessy Louis Vuitton SE

     121,337        92,032,723  

Sartorius Stedim Biotech

     5,043        1,206,677  

Teleperformance SE

     11,152        1,409,777  

Verallia SA(b)

     75,276        2,971,159  

Vivendi SE

     578,111        5,077,775  
     

 

 

 
Total France

 

     219,653,348  
Germany – 5.2%

 

adidas AG

     112,184        19,790,259  

Bechtle AG

     33,857        1,585,831  

Carl Zeiss Meditec AG, Bearer Shares

     11,941        1,047,055  

CompuGroup Medical SE & Co. KGaA

     14,891        584,597  

Fielmann Group AG

     61,944        2,681,042  

Nemetschek SE

     16,527        1,012,782  

Puma SE

     51,024        3,176,474  

Rheinmetall AG

     15,083        3,894,870  

SAP SE

     408,652        53,139,341  

Stroeer SE & Co. KGaA

     46,943        2,092,408  

VERBIO Vereinigte BioEnergie AG

     3,559        143,602  
     

 

 

 
Total Germany

 

     89,148,261  
Hong Kong – 3.2%

 

CLP Holdings Ltd.

     2,611,000        19,319,503  

Hong Kong Exchanges & Clearing Ltd.

     746,800        27,900,647  

Techtronic Industries Co. Ltd.

     798,500        7,748,616  
     

 

 

 
Total Hong Kong

 

     54,968,766  
Indonesia – 0.1%

 

Nickel Industries Ltd.(a)

     2,891,430        1,399,596  
Ireland – 0.1%

 

Kerry Group PLC, Class A

     28,389        2,379,902  
Israel – 0.2%

 

Hilan Ltd.

     10,392        539,117  

Matrix IT Ltd.

     47,210        967,266  

Maytronics Ltd.

     53,430        561,808  

One Software Technologies Ltd.

     15,130        190,804  

Strauss Group Ltd.*

     65,753        1,382,937  
     

 

 

 
Total Israel

 

     3,641,932  
Italy – 2.7%

 

Amplifon SpA(a)

     32,850        978,012  

Azimut Holding SpA

     203,356        4,452,470  

Banca Generali SpA(a)

     128,923        4,574,022  

 

See Notes to Financial Statements.

 

WisdomTree Trust      19  


Schedule of Investments (unaudited) (continued)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2023

 

 

 

Investments   Shares      Value  

Banca Mediolanum SpA

    763,974      $ 6,553,363  

Carel Industries SpA(b)

    9,300        223,513  

Davide Campari-Milano NV

    191,478        2,263,451  

De’ Longhi SpA

    82,436        1,799,695  

Ferrari NV

    22,319        6,609,379  

FinecoBank Banca Fineco SpA

    285,650        3,482,504  

Italgas SpA

    803,727        4,128,790  

Moncler SpA

    52,905        3,085,205  

RAI Way SpA(b)

    246,389        1,291,279  

Recordati Industria Chimica e Farmaceutica SpA(a)

    96,246        4,555,969  

Reply SpA

    7,983        752,651  

Technogym SpA(b)

    82,996        643,223  
    

 

 

 
Total Italy

 

     45,393,526  
Japan – 7.8%

 

ARE Holdings, Inc.(a)

    69,900        888,593  

Astellas Pharma, Inc.

    750,100        10,425,246  

AZ-COM MARUWA Holdings, Inc.(a)

    21,900        312,302  

BayCurrent Consulting, Inc.

    19,400        649,765  

Benefit One, Inc.

    44,800        324,686  

BIPROGY, Inc.

    64,000        1,601,447  

Capcom Co. Ltd.

    73,400        2,648,745  

Casio Computer Co. Ltd.(a)

    234,100        1,966,456  

CyberAgent, Inc.(a)

    155,500        840,205  

Daifuku Co. Ltd.

    109,100        2,068,678  

Daito Trust Construction Co. Ltd.

    43,300        4,570,112  

Daiwabo Holdings Co. Ltd.

    77,700        1,491,778  

eRex Co. Ltd.(a)

    17,400        89,434  

Fancl Corp.

    50,800        777,532  

Food & Life Cos. Ltd.

    19,600        330,202  

Fujimi, Inc.(a)

    45,600        918,264  

Fujitsu Ltd.(a)

    56,500        6,663,763  

Future Corp.

    17,500        176,613  

Goldwin, Inc.(a)

    9,500        645,535  

Hoya Corp.

    46,800        4,806,232  

Information Services International-Dentsu Ltd.

    19,900        762,794  

Japan Material Co. Ltd.(a)

    28,000        430,437  

Justsystems Corp.

    19,000        381,846  

Kakaku.com, Inc.

    56,091        570,213  

Kao Corp.

    214,400        7,975,436  

Katitas Co. Ltd.(a)

    20,100        293,368  

Keyence Corp.

    16,900        6,285,475  

Kobe Bussan Co. Ltd.(a)

    28,400        667,250  

Koei Tecmo Holdings Co. Ltd.(a)

    127,900        1,821,755  

Kose Corp.

    8,800        640,134  

M3, Inc.(a)

    30,800        560,582  

Meitec Corp.

    64,100        1,161,510  

MIRAIT ONE Corp.

    123,300        1,624,858  

MonotaRO Co. Ltd.

    51,700        554,504  

Murata Manufacturing Co. Ltd.

    778,500        14,263,153  

NEC Networks & System Integration Corp.

    99,800        1,313,501  

NET One Systems Co. Ltd.

    47,600        905,269  

Nexon Co. Ltd.

    65,300        1,169,908  

Nextage Co. Ltd.(a)

    8,200      $ 125,397  

Nifco, Inc.

    61,000        1,581,565  

Nihon M&A Center Holdings, Inc.

    62,300        300,384  

Nippon Gas Co. Ltd.

    68,300        1,014,259  

Nippon Shinyaku Co. Ltd.

    18,300        776,148  

Nissan Chemical Corp.

    70,268        2,994,366  

Nomura Research Institute Ltd.

    121,200        3,161,880  

NSD Co. Ltd.

    36,300        689,876  

Obic Co. Ltd.(a)

    15,200        2,310,685  

Open House Group Co. Ltd.

    68,200        2,318,960  

Oracle Corp.(a)

    51,800        3,853,108  

Osaka Gas Co. Ltd.

    203,300        3,354,161  

Persol Holdings Co. Ltd.

    755,000        1,231,476  

Recruit Holdings Co. Ltd.

    145,400        4,490,860  

Relo Group, Inc.

    52,800        572,671  

Sega Sammy Holdings, Inc.

    101,300        1,872,921  

Seria Co. Ltd.

    36,000        531,225  

Shinko Electric Industries Co. Ltd.(a)

    48,700        1,900,352  

SUMCO Corp.

    244,200        3,189,451  

Systena Corp.

    100,300        180,806  

Taiheiyo Cement Corp.

    95,100        1,688,826  

Taiyo Yuden Co. Ltd.(a)

    42,300        1,147,748  

TechnoPro Holdings, Inc.

    54,600        1,190,242  

Terumo Corp.

    82,600        2,193,626  

TIS, Inc.

    50,500        1,114,401  

Unicharm Corp.

    92,500        3,279,729  

West Holdings Corp.

    6,600        142,195  

Workman Co. Ltd.(a)

    20,200        615,239  

ZOZO, Inc.(a)

    97,900        1,799,234  
    

 

 

 
Total Japan

 

     133,199,372  
Netherlands – 5.5%

 

ASM International NV

    7,899        3,324,319  

ASML Holding NV

    70,537        41,754,176  

BE Semiconductor Industries NV

    85,939        8,461,876  

Corbion NV

    33,382        666,573  

Koninklijke KPN NV

    3,733,342        12,328,396  

SBM Offshore NV(a)

    211,383        2,781,856  

Universal Music Group NV(a)

    625,543        16,378,523  

Wolters Kluwer NV

    68,116        8,268,308  
    

 

 

 
Total Netherlands

 

     93,964,027  
Norway – 0.6%

 

Kongsberg Gruppen ASA

    24,217        1,004,106  

Leroy Seafood Group ASA

    477,652        2,014,597  

Salmar ASA

    112,336        5,736,702  

TOMRA Systems ASA

    52,399        601,506  
    

 

 

 
Total Norway

 

     9,356,911  
Portugal – 0.5%

 

Jeronimo Martins SGPS SA

    363,920        8,191,485  
Singapore – 1.0%

 

Kenon Holdings Ltd.

    85,822        1,983,803  

Singapore Exchange Ltd.

    691,100        4,936,790  

 

See Notes to Financial Statements.

 

20   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2023

 

 

 

Investments    Shares      Value  

Singapore Technologies Engineering Ltd.

     2,931,840      $ 8,398,780  

StarHub Ltd.

     2,180,400        1,773,202  
     

 

 

 
Total Singapore

 

     17,092,575  
Spain – 4.8%

 

CIE Automotive SA

     38,110        1,034,547  

Industria de Diseno Textil SA

     2,068,896        77,300,759  

Laboratorios Farmaceuticos Rovi SA

     19,412        1,055,369  

Viscofan SA

     27,656        1,692,430  
     

 

 

 
Total Spain

 

     81,083,105  
Sweden – 5.5%

 

AAK AB(a)

     104,034        1,886,443  

AddTech AB, Class B

     83,428        1,345,390  

Alfa Laval AB

     164,465        5,688,955  

Assa Abloy AB, Class B

     306,547        6,721,111  

Atlas Copco AB, Class A

     965,312        13,083,540  

Atlas Copco AB, Class B

     356,698        4,209,116  

Avanza Bank Holding AB(a)

     117,734        2,052,505  

Beijer Ref AB(a)

     42,190        448,532  

Bilia AB, Class A

     69,810        684,336  

Elekta AB, Class B

     255,206        1,748,166  

Epiroc AB, Class A

     168,029        3,216,991  

Epiroc AB, Class B

     183,592        2,960,671  

Essity AB, Class B

     296,866        6,446,005  

Evolution AB(b)

     55,236        5,625,183  

HMS Networks AB

     10,023        369,029  

Husqvarna AB, Class B(a)

     346,039        2,667,229  

Instalco AB

     103,489        309,585  

Investment AB Latour, Class B(a)

     202,981        3,601,240  

Lagercrantz Group AB, Class B

     52,301        534,362  

Loomis AB

     44,202        1,198,607  

Nibe Industrier AB, Class B

     147,747        976,440  

Nolato AB, Class B

     164,800        679,878  

Nordnet AB publ

     120,946        1,607,537  

Paradox Interactive AB

     11,591        244,960  

Sagax AB, Class B

     66,272        1,271,857  

Sandvik AB

     523,764        9,719,153  

Securitas AB, Class B(a)

     397,837        3,173,409  

Telefonaktiebolaget LM Ericsson, Class B(a)

     2,205,572        10,826,674  
     

 

 

 
Total Sweden

 

     93,296,904  
Switzerland – 18.3%

 

ABB Ltd., Registered Shares

     895,563        32,110,261  

Coca-Cola HBC AG

     172,366        4,731,475  

Comet Holding AG, Registered Shares

     5,682        1,269,568  

Geberit AG, Registered Shares

     16,673        8,365,661  

Givaudan SA, Registered Shares

     3,121        10,214,554  

Logitech International SA, Registered Shares

     53,846        3,724,721  

Lonza Group AG, Registered Shares

     5,793        2,695,125  

Nestle SA, Registered Shares

     585,039        66,344,497  

Novartis AG, Registered Shares

     782,254        80,269,111  

Partners Group Holding AG

     15,021        16,986,472  

Roche Holding AG

     156,915        42,959,512  

Roche Holding AG, Bearer Shares

     22,174        6,530,035  

Schindler Holding AG, Participation Certificate

     16,035      3,207,701  

Schindler Holding AG, Registered Shares

     24,501        4,735,217  

SGS SA, Registered Shares

     105,563        8,887,694  

Sika AG, Registered Shares

     31,488        8,023,451  

Sonova Holding AG, Registered Shares

     14,775        3,516,088  

Stadler Rail AG(a)

     48,515        1,896,476  

Straumann Holding AG, Registered Shares(a)

     12,445        1,594,397  

Sulzer AG, Registered Shares

     31,704        3,037,665  

Temenos AG, Registered Shares(a)

     17,088        1,203,333  
     

 

 

 
Total Switzerland

 

     312,303,014  
United Kingdom – 13.0%

 

Airtel Africa PLC(b)

     2,232,776        3,422,869  

AJ Bell PLC

     283,307        948,848  

Ashtead Group PLC

     117,995        7,203,818  

Auto Trader Group PLC(b)

     241,308        1,819,007  

Burberry Group PLC

     156,736        3,651,038  

Compass Group PLC

     397,827        9,711,352  

Diageo PLC

     718,905        26,622,114  

Drax Group PLC

     261,115        1,398,472  

EMIS Group PLC

     15,689        369,963  

Fevertree Drinks PLC

     37,851        554,388  

Fresnillo PLC

     395,991        2,664,097  

Games Workshop Group PLC

     26,243        3,385,665  

Gamma Communications PLC

     24,372        324,840  

Greggs PLC

     52,966        1,582,574  

Halma PLC

     52,803        1,249,338  

Hargreaves Lansdown PLC(a)

     410,022        3,869,497  

IMI PLC

     112,413        2,151,385  

Imperial Brands PLC(a)

     1,016,596        20,684,234  

Intertek Group PLC

     75,821        3,805,380  

Kainos Group PLC

     42,614        597,624  

RELX PLC

     721,066        24,422,688  

Rentokil Initial PLC

     446,840        3,327,972  

Rightmove PLC

     213,650        1,466,051  

Rotork PLC

     430,991        1,644,420  

RS Group PLC

     134,116        1,203,815  

Sage Group PLC

     451,453        5,449,596  

Smith & Nephew PLC

     401,057        5,007,687  

Spectris PLC

     43,691        1,809,920  

Spirax-Sarco Engineering PLC

     15,805        1,837,640  

Tate & Lyle PLC

     194,054        1,623,624  

Unilever PLC

     1,533,457        76,026,846  

Victrex PLC

     56,875        975,334  
     

 

 

 
Total United Kingdom

 

     220,812,096  
United States – 4.1%

 

GSK PLC

     3,863,055        70,348,553  

TOTAL COMMON STOCKS

(Cost: $1,507,776,157)

 

 

     1,690,493,012  

 

See Notes to Financial Statements.

 

WisdomTree Trust      21  


Schedule of Investments (unaudited) (continued)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2023

 

 

 

Investments   Shares     Value  
EXCHANGE-TRADED FUND – 0.1%

 

United States – 0.1%

 

WisdomTree International Quality Dividend Growth
Fund(c)

   
(Cost: $868,179)     30,222     $ 967,708  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.1%

 

United States – 3.1%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(d)

   
(Cost: $53,337,819)     53,337,819       53,337,819  

TOTAL INVESTMENTS IN SECURITIES – 102.4%

(Cost: $1,561,982,155)

 

 

    1,744,798,539  

Other Assets less Liabilities – (2.4)%

 

    (40,479,981
   

 

 

 
NET ASSETS – 100.0%

 

  $ 1,704,318,558  
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $73,748,003 and the total market value of the collateral held by the Fund was $77,606,289. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $24,268,470.

 

(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, 2023.

 

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, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/
(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree International Quality Dividend Growth Fund

  $ 1,023,619     $     $     $     $ (55,911   $ 967,708     $ 10,275  

 

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

    10/3/2023       1,400,000       NOK       131,403       USD     $ 166     $  

Bank of Montreal

    10/4/2023       1,791,462       USD       1,577,379       CHF       66,994        

Bank of Montreal

    10/4/2023       499,328       USD       3,423,140       DKK       13,283        

Bank of Montreal

    10/4/2023       3,616,572       USD       3,327,582       EUR       93,353        

Bank of Montreal

    10/4/2023       1,711,782       USD       1,350,693       GBP       63,185        

Bank of Montreal

    10/4/2023       34,574       USD       131,180       ILS       115        

Bank of Montreal

    10/4/2023       779,829       USD       113,002,532       JPY       22,446        

Bank of Montreal

    10/4/2023       52,001       USD       552,648       NOK       63        

Bank of Montreal

    10/4/2023       540,375       USD       5,908,737       SEK             (3,518

Bank of Montreal

    10/4/2023       82,417       USD       111,165       SGD       968        

Bank of Montreal

    10/5/2023       539,961       USD       832,796       AUD       2,455        

Bank of Montreal

    10/5/2023       342,247       USD       2,680,107       HKD       35        

Barclays Bank PLC

    10/4/2023       77,032,873       USD       67,828,754       CHF       2,879,145        

Barclays Bank PLC

    10/4/2023       1,433,170       USD       1,276,527       CHF       37,608        

Barclays Bank PLC

    10/4/2023       21,471,091       USD       147,199,337       DKK       570,535        

Barclays Bank PLC

    10/4/2023       155,512,574       USD       143,082,168       EUR       4,018,213        

Barclays Bank PLC

    10/4/2023       2,893,257       USD       2,699,714       EUR       34,819        

Barclays Bank PLC

    10/4/2023       73,606,613       USD       58,081,489       GBP       2,714,865        

Barclays Bank PLC

    10/4/2023       1,486,680       USD       5,640,266       ILS       5,052        

Barclays Bank PLC

    10/4/2023       33,532,636       USD       4,859,314,880       JPY       963,773        

Barclays Bank PLC

    10/4/2023       2,236,023       USD       23,764,354       NOK       2,646        

Barclays Bank PLC

    10/4/2023       41,600       USD       445,286       NOK             (248

Barclays Bank PLC

    10/4/2023       23,236,117       USD       254,074,833       SEK             (151,211

 

See Notes to Financial Statements.

 

22   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2023

 

 

 

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
 

Barclays Bank PLC

    10/4/2023       432,300       USD       4,809,544       SEK     $     $ (10,414

Barclays Bank PLC

    10/4/2023       3,543,914       USD       4,779,858       SGD       41,777        

Barclays Bank PLC

    10/5/2023       23,218,318       USD       35,811,450       AUD       104,799        

Barclays Bank PLC

    10/5/2023       14,716,614       USD       115,235,091       HKD       2,714        

Barclays Bank PLC

    10/5/2023       273,797       USD       2,144,562       HKD             (33

Citibank NA

    10/3/2023       13,590,000       EUR       14,383,520       USD       4,893        

Citibank NA

    10/4/2023       77,032,872       USD       67,827,213       CHF       2,880,829        

Citibank NA

    10/4/2023       21,471,093       USD       147,195,486       DKK       571,083        

Citibank NA

    10/4/2023       399,462       USD       2,779,399       DKK       4,820        

Citibank NA

    10/4/2023       155,512,573       USD       143,082,167       EUR       4,018,213        

Citibank NA

    10/4/2023       73,606,614       USD       58,081,352       GBP       2,715,032        

Citibank NA

    10/4/2023       1,369,425       USD       1,097,476       GBP       29,893        

Citibank NA

    10/4/2023       1,486,681       USD       5,640,616       ILS       4,961        

Citibank NA

    10/4/2023       27,659       USD       106,246       ILS             (250

Citibank NA

    10/4/2023       33,532,638       USD       4,859,298,404       JPY       963,885        

Citibank NA

    10/4/2023       623,863       USD       91,426,062       JPY       11,093        

Citibank NA

    10/4/2023       2,236,025       USD       23,763,481       NOK       2,730        

Citibank NA

    10/4/2023       23,236,119       USD       254,074,391       SEK             (151,168

Citibank NA

    10/4/2023       3,543,913       USD       4,779,963       SGD       41,700        

Citibank NA

    10/4/2023       65,933       USD       89,897       SGD       66        

Citibank NA

    10/5/2023       23,218,317       USD       35,811,228       AUD       104,942        

Citibank NA

    10/5/2023       431,969       USD       676,836       AUD             (4,876

Citibank NA

    10/5/2023       14,716,613       USD       115,243,913       HKD       1,587        

Deutsche Bank AG

    10/3/2023       22,480,000       DKK       3,190,870       USD       861        

Deutsche Bank AG

    10/3/2023       6,620,000       GBP       8,086,462       USD             (6,424

Deutsche Bank AG

    10/3/2023       462,000,000       JPY       3,092,411       USD       3,585        

Goldman Sachs

    10/4/2023       72,018,766       CHF       78,734,762       USD             (307

Goldman Sachs

    10/4/2023       154,561,174       DKK       21,945,454       USD       396        

Goldman Sachs

    10/4/2023       150,119,773       EUR       158,948,317       USD             (2,591

Goldman Sachs

    10/4/2023       61,638,649       GBP       75,232,807       USD       657        

Goldman Sachs

    10/4/2023       5,784,586       ILS       1,519,525       USD       14        

Goldman Sachs

    10/4/2023       5,113,650,303       JPY       34,273,474       USD       36        

Goldman Sachs

    10/4/2023       24,318,411       NOK       2,285,424       USD       23        

Goldman Sachs

    10/4/2023       258,012,101       SEK       23,749,474       USD       275        

Goldman Sachs

    10/4/2023       4,943,819       SGD       3,622,209       USD       60        

Goldman Sachs

    10/5/2023       36,769,080       AUD       23,731,279       USD       316        

Goldman Sachs

    10/5/2023       117,802,021       HKD       15,041,746       USD             (85

Goldman Sachs

    11/3/2023       23,389,080       USD       36,202,420       AUD             (510

Goldman Sachs

    11/3/2023       77,200,905       USD       70,391,862       CHF       339        

Goldman Sachs

    11/3/2023       21,622,855       USD       152,062,079       DKK             (1,768

Goldman Sachs

    11/3/2023       148,230,101       USD       139,825,208       EUR       1,393        

Goldman Sachs

    11/3/2023       74,460,990       USD       60,995,201       GBP             (894

Goldman Sachs

    11/3/2023       14,593,140       USD       114,222,039       HKD             (122

Goldman Sachs

    11/3/2023       1,533,428       USD       5,829,692       ILS             (56

Goldman Sachs

    11/3/2023       2,363,378       USD       25,127,567       NOK             (62

Goldman Sachs

    11/3/2023       23,066,815       USD       250,293,581       SEK             (542

Goldman Sachs

    11/3/2023       3,758,236       USD       5,122,712       SGD             (63

Goldman Sachs

    11/6/2023       33,554,430       USD       4,980,088,102       JPY             (362

HSBC Holdings PLC

    10/4/2023       72,018,528       CHF       78,734,761       USD             (566

HSBC Holdings PLC

    10/4/2023       154,558,914       DKK       21,945,454       USD       75        

HSBC Holdings PLC

    10/4/2023       150,120,623       EUR       158,948,316       USD             (1,690

HSBC Holdings PLC

    10/4/2023       61,638,649       GBP       75,232,806       USD       657        

HSBC Holdings PLC

    10/4/2023       5,784,568       ILS       1,519,526       USD       8        

HSBC Holdings PLC

    10/4/2023       5,113,681,298       JPY       34,273,475       USD       243        

 

See Notes to Financial Statements.

 

WisdomTree Trust      23  


Schedule of Investments (unaudited) (continued)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2023

 

 

 

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

    10/4/2023       24,318,277       NOK       2,285,425       USD     $ 9     $  

HSBC Holdings PLC

    10/4/2023       258,010,853       SEK       23,749,475       USD       159        

HSBC Holdings PLC

    10/4/2023       4,943,750       SGD       3,622,209       USD       9        

HSBC Holdings PLC

    10/4/2023       77,032,872       USD       67,827,367       CHF       2,880,661        

HSBC Holdings PLC

    10/4/2023       21,471,093       USD       147,194,219       DKK       571,263        

HSBC Holdings PLC

    10/4/2023       155,512,573       USD       143,082,035       EUR       4,018,352        

HSBC Holdings PLC

    10/4/2023       73,606,614       USD       58,081,307       GBP       2,715,088        

HSBC Holdings PLC

    10/4/2023       1,486,681       USD       5,641,601       ILS       4,703        

HSBC Holdings PLC

    10/4/2023       33,532,638       USD       4,859,298,404       JPY       963,885        

HSBC Holdings PLC

    10/4/2023       2,236,025       USD       23,763,611       NOK       2,718        

HSBC Holdings PLC

    10/4/2023       23,236,119       USD       254,070,928       SEK             (150,849

HSBC Holdings PLC

    10/4/2023       3,543,913       USD       4,779,835       SGD       41,793        

HSBC Holdings PLC

    10/5/2023       36,768,855       AUD       23,731,281       USD       169        

HSBC Holdings PLC

    10/5/2023       117,799,856       HKD       15,041,748       USD             (364

HSBC Holdings PLC

    10/5/2023       23,218,317       USD       35,811,725       AUD       104,621        

HSBC Holdings PLC

    10/5/2023       14,716,613       USD       115,241,705       HKD       1,869        

HSBC Holdings PLC

    11/3/2023       23,389,082       USD       36,203,039       AUD             (909

HSBC Holdings PLC

    11/3/2023       77,200,904       USD       70,393,637       CHF             (1,609

HSBC Holdings PLC

    11/3/2023       21,622,854       USD       152,055,239       DKK             (796

HSBC Holdings PLC

    11/3/2023       148,230,100       USD       139,825,866       EUR       694        

HSBC Holdings PLC

    11/3/2023       74,460,989       USD       60,995,450       GBP             (1,199

HSBC Holdings PLC

    11/3/2023       14,593,139       USD       114,217,128       HKD       504        

HSBC Holdings PLC

    11/3/2023       1,533,430       USD       5,829,760       ILS             (72

HSBC Holdings PLC

    11/3/2023       2,363,380       USD       25,127,385       NOK             (43

HSBC Holdings PLC

    11/3/2023       23,066,817       USD       250,293,602       SEK             (542

HSBC Holdings PLC

    11/3/2023       3,758,236       USD       5,122,641       SGD             (11

HSBC Holdings PLC

    11/6/2023       33,554,430       USD       4,980,091,458       JPY             (384

JP Morgan Chase Bank NA

    10/4/2023       72,018,402       CHF       78,734,761       USD             (703

JP Morgan Chase Bank NA

    10/4/2023       154,559,756       DKK       21,945,454       USD       194        

JP Morgan Chase Bank NA

    10/4/2023       150,121,190       EUR       158,948,316       USD             (1,089

JP Morgan Chase Bank NA

    10/4/2023       61,638,578       GBP       75,232,806       USD       571        

JP Morgan Chase Bank NA

    10/4/2023       5,784,590       ILS       1,519,526       USD       14        

JP Morgan Chase Bank NA

    10/4/2023       5,113,688,153       JPY       34,273,475       USD       289        

JP Morgan Chase Bank NA

    10/4/2023       24,318,407       NOK       2,285,425       USD       22        

JP Morgan Chase Bank NA

    10/4/2023       258,011,620       SEK       23,749,475       USD       230        

JP Morgan Chase Bank NA

    10/4/2023       4,943,757       SGD       3,622,209       USD       15        

JP Morgan Chase Bank NA

    10/4/2023       1,433,170       USD       1,275,033       CHF       39,241        

JP Morgan Chase Bank NA

    10/4/2023       1,074,877       USD       988,191       CHF             (5,462

JP Morgan Chase Bank NA

    10/4/2023       399,462       USD       2,776,717       DKK       5,201        

JP Morgan Chase Bank NA

    10/4/2023       299,597       USD       2,124,546       DKK             (2,063

JP Morgan Chase Bank NA

    10/4/2023       2,893,257       USD       2,697,337       EUR       37,336        

JP Morgan Chase Bank NA

    10/4/2023       2,169,943       USD       2,063,866       EUR             (15,264

JP Morgan Chase Bank NA

    10/4/2023       1,369,425       USD       1,096,736       GBP       30,797        

JP Morgan Chase Bank NA

    10/4/2023       1,027,069       USD       846,351       GBP             (5,951

JP Morgan Chase Bank NA

    10/4/2023       27,659       USD       106,241       ILS             (249

JP Morgan Chase Bank NA

    10/4/2023       20,744       USD       79,655       ILS             (180

JP Morgan Chase Bank NA

    10/4/2023       623,863       USD       91,797,067       JPY       8,606        

JP Morgan Chase Bank NA

    10/4/2023       467,897       USD       69,871,859       JPY             (409

JP Morgan Chase Bank NA

    10/4/2023       41,600       USD       443,244       NOK             (56

JP Morgan Chase Bank NA

    10/4/2023       31,200       USD       335,434       NOK             (324

JP Morgan Chase Bank NA

    10/4/2023       432,300       USD       4,792,245       SEK             (8,821

JP Morgan Chase Bank NA

    10/4/2023       324,225       USD       3,569,455       SEK             (4,340

JP Morgan Chase Bank NA

    10/4/2023       65,933       USD       89,904       SGD       62        

JP Morgan Chase Bank NA

    10/4/2023       49,450       USD       67,801       SGD             (227

 

See Notes to Financial Statements.

 

24   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2023

 

 

 

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

    10/5/2023       36,769,055       AUD       23,731,281       USD     $ 297     $  

JP Morgan Chase Bank NA

    10/5/2023       117,802,390       HKD       15,041,748       USD             (40

JP Morgan Chase Bank NA

    10/5/2023       431,969       USD       675,199       AUD             (3,820

JP Morgan Chase Bank NA

    10/5/2023       323,977       USD       507,938       AUD             (3,857

JP Morgan Chase Bank NA

    10/5/2023       273,797       USD       2,145,024       HKD             (92

JP Morgan Chase Bank NA

    10/5/2023       205,348       USD       1,606,332       HKD       242        

JP Morgan Chase Bank NA

    11/3/2023       23,389,082       USD       36,202,966       AUD             (862

JP Morgan Chase Bank NA

    11/3/2023       77,200,904       USD       70,391,977       CHF       212        

JP Morgan Chase Bank NA

    11/3/2023       21,622,854       USD       152,054,967       DKK             (758

JP Morgan Chase Bank NA

    11/3/2023       148,230,100       USD       139,825,866       EUR       694        

JP Morgan Chase Bank NA

    11/3/2023       74,460,989       USD       60,995,001       GBP             (650

JP Morgan Chase Bank NA

    11/3/2023       14,593,139       USD       114,226,002       HKD             (630

JP Morgan Chase Bank NA

    11/3/2023       1,533,430       USD       5,829,852       ILS             (96

JP Morgan Chase Bank NA

    11/3/2023       2,363,380       USD       25,127,310       NOK             (36

JP Morgan Chase Bank NA

    11/3/2023       23,066,817       USD       250,292,564       SEK             (446

JP Morgan Chase Bank NA

    11/3/2023       3,758,236       USD       5,122,671       SGD             (33

JP Morgan Chase Bank NA

    11/6/2023       33,554,430       USD       4,980,111,590       JPY             (520

Morgan Stanley & Co. International

    10/4/2023       72,018,371       CHF       78,734,761       USD             (738

Morgan Stanley & Co. International

    10/4/2023       154,556,039       DKK       21,945,454       USD             (334

Morgan Stanley & Co. International

    10/4/2023       150,121,048       EUR       158,948,316       USD             (1,239

Morgan Stanley & Co. International

    10/4/2023       61,638,649       GBP       75,232,806       USD       657        

Morgan Stanley & Co. International

    10/4/2023       5,784,529       ILS       1,519,526       USD             (2

Morgan Stanley & Co. International

    10/4/2023       5,113,684,452       JPY       34,273,475       USD       264        

Morgan Stanley & Co. International

    10/4/2023       24,318,049       NOK       2,285,425       USD             (12

Morgan Stanley & Co. International

    10/4/2023       258,006,008       SEK       23,749,475       USD             (287

Morgan Stanley & Co. International

    10/4/2023       4,943,743       SGD       3,622,209       USD       4        

Morgan Stanley & Co. International

    10/4/2023       77,032,872       USD       67,835,840       CHF       2,871,397        

Morgan Stanley & Co. International

    10/4/2023       1,074,877       USD       960,317       CHF       25,012        

Morgan Stanley & Co. International

    10/4/2023       21,471,093       USD       147,208,369       DKK       569,254        

Morgan Stanley & Co. International

    10/4/2023       299,597       USD       2,082,005       DKK       3,977        

Morgan Stanley & Co. International

    10/4/2023       155,512,573       USD       143,088,091       EUR       4,011,941        

Morgan Stanley & Co. International

    10/4/2023       2,169,943       USD       2,023,280       EUR       27,709        

Morgan Stanley & Co. International

    10/4/2023       73,606,614       USD       58,081,352       GBP       2,715,032        

Morgan Stanley & Co. International

    10/4/2023       1,027,069       USD       828,346       GBP       16,025        

Morgan Stanley & Co. International

    10/4/2023       1,486,681       USD       5,640,530       ILS       4,984        

Morgan Stanley & Co. International

    10/4/2023       20,744       USD       78,936       ILS       9        

Morgan Stanley & Co. International

    10/4/2023       33,532,638       USD       4,859,268,425       JPY       964,086        

Morgan Stanley & Co. International

    10/4/2023       467,897       USD       68,968,428       JPY       5,646        

Morgan Stanley & Co. International

    10/4/2023       2,236,025       USD       23,763,119       NOK       2,764        

Morgan Stanley & Co. International

    10/4/2023       31,200       USD       333,813       NOK             (172

Morgan Stanley & Co. International

    10/4/2023       23,236,119       USD       254,073,229       SEK             (151,061

Morgan Stanley & Co. International

    10/4/2023       324,225       USD       3,582,242       SEK             (5,517

Morgan Stanley & Co. International

    10/4/2023       3,543,913       USD       4,779,909       SGD       41,738        

Morgan Stanley & Co. International

    10/4/2023       49,450       USD       67,271       SGD       162        

Morgan Stanley & Co. International

    10/5/2023       36,768,855       AUD       23,731,281       USD       169        

Morgan Stanley & Co. International

    10/5/2023       117,800,517       HKD       15,041,748       USD             (279

Morgan Stanley & Co. International

    10/5/2023       23,218,317       USD       35,811,394       AUD       104,835        

Morgan Stanley & Co. International

    10/5/2023       323,977       USD       498,405       AUD       2,295        

Morgan Stanley & Co. International

    10/5/2023       14,716,613       USD       115,239,498       HKD       2,151        

Morgan Stanley & Co. International

    10/5/2023       205,348       USD       1,606,618       HKD       205        

Morgan Stanley & Co. International

    11/3/2023       23,389,082       USD       36,203,039       AUD             (909

Morgan Stanley & Co. International

    11/3/2023       77,200,904       USD       70,391,861       CHF       339        

Morgan Stanley & Co. International

    11/3/2023       21,622,854       USD       152,053,574       DKK             (560

Morgan Stanley & Co. International

    11/3/2023       148,230,100       USD       139,826,394       EUR       134        

 

See Notes to Financial Statements.

 

WisdomTree Trust      25  


Schedule of Investments (unaudited) (concluded)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2023

 

 

 

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
 

Morgan Stanley & Co. International

    11/3/2023       74,460,989       USD       60,995,500       GBP     $     $ (1,260

Morgan Stanley & Co. International

    11/3/2023       14,593,139       USD       114,220,090       HKD       126        

Morgan Stanley & Co. International

    11/3/2023       1,533,430       USD       5,829,767       ILS             (73

Morgan Stanley & Co. International

    11/3/2023       2,363,380       USD       25,127,414       NOK             (46

Morgan Stanley & Co. International

    11/3/2023       23,066,817       USD       250,288,735       SEK             (94

Morgan Stanley & Co. International

    11/3/2023       3,758,236       USD       5,122,682       SGD             (41

Morgan Stanley & Co. International

    11/6/2023       33,554,430       USD       4,980,099,578       JPY             (439

Royal Bank of Canada

    10/3/2023       2,900,000       AUD       1,869,798       USD       1,861        

UBS AG

    10/3/2023       5,740,000       CHF       6,280,527       USD             (5,932

UBS AG

    10/3/2023       25,120,000       SEK       2,305,812       USD       6,370        
                                            $ 45,813,340     $ (720,511

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 1,690,493,012      $      $      $ 1,690,493,012  

Exchange-Traded Fund

     967,708                      967,708  

Investment of Cash Collateral for Securities Loaned

            53,337,819               53,337,819  

Total Investments in Securities

   $ 1,691,460,720      $ 53,337,819      $      $ 1,744,798,539  

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ 45,813,340      $      $ 45,813,340  

Liabilities:

 

     

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (720,511    $      $ (720,511

Total – Net

   $ 1,691,460,720      $ 98,430,648      $      $ 1,789,891,368  

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

26   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.5%

 

Japan – 98.5%

 

Air Freight & Logistics – 0.4%

 

Mitsui-Soko Holdings Co. Ltd.

     56,500      $ 1,629,972  

NIPPON EXPRESS HOLDINGS, Inc.

     79,600        4,162,297  

SG Holdings Co. Ltd.

     465,700        5,976,314  
     

 

 

 
Total Air Freight & Logistics

 

     11,768,583  
Automobile Components – 4.8%

 

Aisan Industry Co. Ltd.

     120,900        1,083,219  

Aisin Corp.(a)

     394,808        14,948,334  

Bridgestone Corp.

     704,985        27,537,997  

Daikyonishikawa Corp.

     85,400        460,694  

Denso Corp.

     2,305,916        37,101,721  

Eagle Industry Co. Ltd.

     121,800        1,382,672  

Exedy Corp.

     128,500        2,250,957  

FuKoKu Co. Ltd.

     57,800        556,600  

Furukawa Battery Co. Ltd.

     15,000        98,006  

Futaba Industrial Co. Ltd.

     130,400        668,494  

H-One Co. Ltd.

     54,600        320,154  

JTEKT Corp.

     249,578        2,359,890  

KYB Corp.

     49,600        1,607,076  

Musashi Seimitsu Industry Co. Ltd.

     95,100        1,035,601  

NHK Spring Co. Ltd.

     409,900        3,142,406  

Nifco, Inc.

     60,190        1,560,564  

Niterra Co. Ltd.

     480,864        10,904,632  

NOK Corp.

     243,500        3,239,868  

Pacific Industrial Co. Ltd.

     128,500        1,233,979  

Piolax, Inc.

     54,800        840,224  

Press Kogyo Co. Ltd.

     332,800        1,536,600  

Riken Corp.*

     25,600        638,177  

Sanoh Industrial Co. Ltd.

     100,700        672,121  

Seiren Co. Ltd.(a)

     49,510        777,363  

Shoei Co. Ltd.(a)

     55,900        857,464  

Stanley Electric Co. Ltd.

     95,507        1,512,047  

Sumitomo Electric Industries Ltd.

     790,483        9,543,006  

Sumitomo Riko Co. Ltd.

     93,800        702,753  

Sumitomo Rubber Industries Ltd.

     280,491        3,103,305  

Suncall Corp.(a)

     71,700        235,436  

Tachi-S Co. Ltd.

     90,400        1,031,066  

Tokai Rika Co. Ltd.

     122,814        1,929,141  

Topre Corp.(a)

     55,000        625,465  

Toyo Tire Corp.

     229,700        3,543,437  

Toyoda Gosei Co. Ltd.

     94,400        2,031,917  

Toyota Boshoku Corp.

     223,836        4,088,973  

TPR Co. Ltd.

     53,194        650,555  

TS Tech Co. Ltd.

     155,364        1,765,772  

Yokohama Rubber Co. Ltd.

     143,700        2,996,779  
     

 

 

 
Total Automobile Components

 

     150,574,465  
Automobiles – 9.3%

 

Honda Motor Co. Ltd.

     6,103,141        68,791,980  

Isuzu Motors Ltd.(a)

     1,003,400        12,644,622  

Mazda Motor Corp.

     732,200        8,324,190  

Nissan Motor Co. Ltd.

     1,452,200        6,425,784  

Subaru Corp.

     586,067      11,413,039  

Suzuki Motor Corp.

     288,936        11,648,443  

Toyota Motor Corp.

     8,980,750        161,138,939  

Yamaha Motor Co. Ltd.

     436,900        11,509,157  
     

 

 

 
Total Automobiles

 

     291,896,154  
Banks – 10.0%

 

Mitsubishi UFJ Financial Group, Inc.

     17,287,022        146,949,823  

Mizuho Financial Group, Inc.

     3,733,264        63,569,937  

Sumitomo Mitsui Financial Group, Inc.

     2,124,100        104,578,742  
     

 

 

 
Total Banks

 

     315,098,502  
Beverages – 1.0%

 

Asahi Group Holdings Ltd.

     394,900        14,793,037  

Kirin Holdings Co. Ltd.

     822,245        11,532,644  

Suntory Beverage & Food Ltd.

     141,100        4,302,262  

Takara Holdings, Inc.

     217,700        1,752,104  
     

 

 

 
Total Beverages

 

     32,380,047  
Biotechnology – 0.0%

 

Takara Bio, Inc.

     72,900        675,629  
Broadline Retail – 0.1%

 

Ryohin Keikaku Co. Ltd.

     236,800        3,071,378  
Building Products – 0.9%

 

AGC, Inc.

     278,247        9,778,035  

Central Glass Co. Ltd.(a)

     49,500        983,532  

Daikin Industries Ltd.

     76,749        12,073,599  

Nihon Flush Co. Ltd.

     17,600        104,261  

Noritz Corp.

     49,500        526,098  

Okabe Co. Ltd.

     78,700        396,071  

Sanwa Holdings Corp.

     214,231        2,854,021  

TOTO Ltd.

     92,800        2,402,321  
     

 

 

 
Total Building Products

 

     29,117,938  
Capital Markets – 1.0%

 

Monex Group, Inc.(a)

     262,300        980,824  

Nomura Holdings, Inc.

     4,045,100        16,240,036  

SBI Holdings, Inc.(a)

     697,100        14,705,785  

Sparx Group Co. Ltd.

     67,000        676,623  
     

 

 

 
Total Capital Markets

 

     32,603,268  
Chemicals – 6.7%

 

ADEKA Corp.

     120,200        2,059,248  

Aica Kogyo Co. Ltd.

     80,100        1,791,213  

Arakawa Chemical Industries Ltd.(a)

     78,700        536,357  

Asahi Kasei Corp.

     1,481,496        9,331,266  

C Uyemura & Co. Ltd.

     25,100        1,586,149  

Chugoku Marine Paints Ltd.(a)

     79,300        720,064  

Daicel Corp.

     396,842        3,326,851  

Denka Co. Ltd.

     122,515        2,219,186  

DIC Corp.

     122,953        2,000,947  

Fujimi, Inc.

     117,200        2,360,101  

Fuso Chemical Co. Ltd.

     20,800        547,790  

Ishihara Sangyo Kaisha Ltd.

     72,300        717,549  

JCU Corp.

     13,700        285,522  

JSP Corp.

     49,500        677,691  

 

See Notes to Financial Statements.

 

WisdomTree Trust      27  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2023

 

 

 

Investments    Shares      Value  

Kaneka Corp.

     63,200      $ 1,644,111  

Kansai Paint Co. Ltd.

     124,000        1,776,177  

KH Neochem Co. Ltd.

     56,700        872,015  

Kumiai Chemical Industry Co. Ltd.

     128,700        955,601  

Kuraray Co. Ltd.

     639,537        7,590,015  

Kureha Corp.

     19,700        1,098,368  

Lintec Corp.

     165,347        2,650,981  

MEC Co. Ltd.(a)

     10,100        250,427  

Mitsubishi Chemical Group Corp.

     2,032,363        12,839,059  

Mitsubishi Gas Chemical Co., Inc.(a)

     266,782        3,597,914  

Mitsui Chemicals, Inc.

     261,415        6,791,797  

Nihon Nohyaku Co. Ltd.(a)

     74,500        328,005  

Nihon Parkerizing Co. Ltd.

     144,400        1,070,239  

Nippon Kayaku Co. Ltd.

     288,500        2,415,686  

Nippon Pillar Packing Co. Ltd.

     56,000        1,465,438  

Nippon Sanso Holdings Corp.

     201,953        4,797,610  

Nippon Shokubai Co. Ltd.

     65,800        2,394,331  

Nippon Soda Co. Ltd.

     60,500        2,229,854  

Nissan Chemical Corp.

     134,753        5,742,297  

Nitto Denko Corp.(a)

     188,474        12,387,690  

NOF Corp.

     70,900        2,839,326  

Osaka Soda Co. Ltd.(a)

     26,300        1,136,773  

Resonac Holdings Corp.(a)

     172,500        2,895,711  

Riken Technos Corp.

     120,600        577,846  

Sanyo Chemical Industries Ltd.

     48,800        1,339,159  

Shin-Etsu Chemical Co. Ltd.

     1,954,495        56,883,041  

Shin-Etsu Polymer Co. Ltd.

     127,100        1,139,620  

Sumitomo Bakelite Co. Ltd.

     49,500        2,163,770  

Sumitomo Chemical Co. Ltd.

     2,538,685        6,924,073  

T Hasegawa Co. Ltd.(a)

     49,600        1,013,771  

Taiyo Holdings Co. Ltd.

     94,852        1,629,757  

Teijin Ltd.

     219,600        2,138,240  

Tokai Carbon Co. Ltd.

     196,000        1,538,053  

Tokuyama Corp.

     78,300        1,233,071  

Tokyo Ohka Kogyo Co. Ltd.

     52,300        3,117,848  

Toray Industries, Inc.

     1,162,818        6,062,472  

Tosoh Corp.

     777,307        9,990,785  

Toyo Ink SC Holdings Co. Ltd.

     92,800        1,453,955  

Toyobo Co. Ltd.

     161,951        1,169,390  

UBE Corp.

     159,400        2,693,430  

Valqua Ltd.

     54,200        1,503,689  

Zeon Corp.(a)

     170,300        1,783,742  
     

 

 

 
Total Chemicals

 

     212,285,071  
Commercial Services & Supplies – 0.2%

 

Dai Nippon Printing Co. Ltd.

     187,300        4,882,540  

Inui Global Logistics Co. Ltd.(a)

     120,700        1,069,294  

Pilot Corp.

     23,600        811,470  

Sato Holdings Corp.(a)

     46,600        659,223  
     

 

 

 
Total Commercial Services & Supplies

 

     7,422,527  
Construction & Engineering – 0.7%

 

Integrated Design & Engineering Holdings Co. Ltd.

     17,600        421,645  

JGC Holdings Corp.

     100,600        1,401,894  

Kajima Corp.

     610,300      9,952,522  

Obayashi Corp.

     737,400        6,505,526  

Penta-Ocean Construction Co. Ltd.

     222,200        1,324,043  

Taikisha Ltd.

     57,100        1,729,549  
     

 

 

 
Total Construction & Engineering

 

     21,335,179  
Construction Materials – 0.1%

 

Taiheiyo Cement Corp.

     130,100        2,310,370  
Consumer Staples Distribution & Retail – 0.6%

 

Seven & I Holdings Co. Ltd.

     482,324        18,924,490  
Containers & Packaging – 0.2%

 

Fuji Seal International, Inc.

     49,700        593,502  

Toyo Seikan Group Holdings Ltd.

     375,500        6,158,729  
     

 

 

 
Total Containers & Packaging

 

     6,752,231  
Diversified Consumer Services – 0.0%

 

Aucnet, Inc.

     12,200        146,588  
Electrical Equipment – 1.0%

 

Daihen Corp.

     30,200        1,024,037  

Fuji Electric Co. Ltd.

     70,273        3,176,825  

Fujikura Ltd.(a)

     129,100        1,039,462  

Furukawa Electric Co. Ltd.(a)

     57,281        914,346  

GS Yuasa Corp.

     62,484        1,115,060  

Idec Corp.

     49,700        988,505  

Mabuchi Motor Co. Ltd.

     53,100        1,590,598  

Mitsubishi Electric Corp.

     1,648,514        20,426,218  

Nippon Carbon Co. Ltd.

     31,300        955,413  

Sanyo Denki Co. Ltd.

     13,600        623,381  

Sinfonia Technology Co. Ltd.

     49,400        532,649  
     

 

 

 
Total Electrical Equipment

 

     32,386,494  
Electronic Equipment, Instruments & Components – 3.3%

 

A&D HOLON Holdings Co. Ltd.(a)

     48,800        556,593  

Ai Holdings Corp.

     68,300        1,083,829  

Alps Alpine Co. Ltd.(a)

     190,600        1,657,253  

Amano Corp.

     66,333        1,458,904  

Anritsu Corp.(a)

     92,700        663,141  

Azbil Corp.

     66,400        2,037,053  

Canon Electronics, Inc.

     54,500        690,632  

Citizen Watch Co. Ltd.(a)

     486,900        3,001,829  

Dexerials Corp.(a)

     56,800        1,404,537  

Elematec Corp.

     116,000        1,438,097  

Hakuto Co. Ltd.(a)

     57,519        1,954,239  

Hamamatsu Photonics KK

     86,700        3,659,731  

Hioki EE Corp.

     10,500        508,728  

Hirose Electric Co. Ltd.

     45,860        5,322,803  

Horiba Ltd.

     44,500        2,413,691  

Ibiden Co. Ltd.

     41,301        2,204,196  

Innotech Corp.

     55,800        599,039  

Iriso Electronics Co. Ltd.

     6,900        194,203  

Japan Aviation Electronics Industry Ltd.

     87,800        1,751,587  

Kaga Electronics Co. Ltd.

     45,900        1,996,254  

Keyence Corp.

     29,540        10,986,564  

Koa Corp.(a)

     49,500        596,753  

Macnica Holdings, Inc.

     79,400        3,740,539  

 

See Notes to Financial Statements.

 

28   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2023

 

 

 

Investments    Shares      Value  

Meiko Electronics Co. Ltd.(a)

     12,900      $ 293,486  

Murata Manufacturing Co. Ltd.

     1,219,204        22,337,435  

Nichicon Corp.

     113,900        1,076,221  

Nippon Ceramic Co. Ltd.

     49,400        881,901  

Nippon Electric Glass Co. Ltd.

     212,860        3,974,052  

Nissha Co. Ltd.

     49,800        560,657  

Optex Group Co. Ltd.

     49,600        538,130  

Osaki Electric Co. Ltd.

     131,800        599,713  

Restar Holdings Corp.

     61,400        1,007,664  

Riken Keiki Co. Ltd.(a)

     16,500        666,745  

Ryosan Co. Ltd.(a)

     49,545        1,477,469  

Sanshin Electronics Co. Ltd.(a)

     49,454        721,470  

Shimadzu Corp.

     114,700        3,053,030  

Siix Corp.

     49,500        505,200  

Taiyo Yuden Co. Ltd.(a)

     79,200        2,148,975  

TDK Corp.

     247,104        9,177,084  

Tokyo Electron Device Ltd.(a)

     35,100        833,838  

Tomen Devices Corp.(a)

     11,400        369,750  

Topcon Corp.

     97,000        1,072,216  

V Technology Co. Ltd.(a)

     21,100        293,823  

Yokogawa Electric Corp.

     120,738        2,337,086  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     103,846,140  
Entertainment – 2.4%

 

Capcom Co. Ltd.

     114,600        4,135,507  

GungHo Online Entertainment, Inc.

     49,500        783,011  

Koei Tecmo Holdings Co. Ltd.

     260,744        3,713,931  

Konami Group Corp.(a)

     104,500        5,523,146  

Marvelous, Inc.

     128,500        613,975  

Nexon Co. Ltd.

     110,200        1,974,332  

Nintendo Co. Ltd.

     1,279,300        53,409,543  

Square Enix Holdings Co. Ltd.

     110,300        3,788,155  

Toei Animation Co. Ltd.(a)

     7,400        655,574  
     

 

 

 
Total Entertainment

 

     74,597,174  
Food Products – 1.0%

 

Ajinomoto Co., Inc.

     220,313        8,509,862  

Ariake Japan Co. Ltd.(a)

     25,200        856,859  

Calbee, Inc.

     68,500        1,305,505  

Fuji Oil Holdings, Inc.

     64,000        972,491  

Kagome Co. Ltd.

     49,500        1,076,412  

Kikkoman Corp.(a)

     53,500        2,812,223  

Nisshin Seifun Group, Inc.

     205,100        2,618,985  

Nissin Foods Holdings Co. Ltd.

     60,300        5,020,791  

Nissui Corp.

     269,000        1,318,997  

Riken Vitamin Co. Ltd.

     52,700        782,951  

Sakata Seed Corp.

     30,300        882,248  

Toyo Suisan Kaisha Ltd.

     54,500        2,142,017  

Yakult Honsha Co. Ltd.

     137,574        3,349,347  
     

 

 

 
Total Food Products

 

     31,648,688  
Ground Transportation – 0.1%

 

Alps Logistics Co. Ltd.

     60,500        654,766  

Nishi-Nippon Railroad Co. Ltd.(a)

     49,400        821,485  
     

 

 

 
Total Ground Transportation

 

     1,476,251  
Health Care Equipment & Supplies – 0.7%

 

Eiken Chemical Co. Ltd.

     72,600      664,578  

Hoya Corp.

     82,957        8,519,457  

Jeol Ltd.

     18,700        558,650  

Mani, Inc.

     49,500        601,729  

Nakanishi, Inc.

     58,200        1,363,103  

Nihon Kohden Corp.

     49,700        1,229,636  

Nipro Corp.(a)

     142,400        1,153,705  

Olympus Corp.

     163,100        2,122,021  

PHC Holdings Corp.

     191,900        1,962,402  

Terumo Corp.

     187,112        4,969,173  
     

 

 

 
Total Health Care Equipment & Supplies

 

     23,144,454  
Health Care Technology – 0.0%

 

M3, Inc.

     72,000        1,310,451  
Hotels, Restaurants & Leisure – 0.0%

 

Round One Corp.

     147,000        551,650  
Household Durables – 1.6%

 

Casio Computer Co. Ltd.(a)

     232,657        1,954,334  

Fujitsu General Ltd.(a)

     44,900        844,442  

JVCKenwood Corp.(a)

     149,200        682,886  

Nikon Corp.

     305,400        3,226,424  

Panasonic Holdings Corp.

     2,082,870        23,477,214  

Rinnai Corp.(a)

     70,200        1,317,206  

Sekisui Chemical Co. Ltd.

     377,800        5,450,852  

Sumitomo Forestry Co. Ltd.

     489,600        12,487,302  

Tamron Co. Ltd.

     39,800        1,218,871  

Toa Corp.(a)

     54,900        428,972  

Zojirushi Corp.(a)

     58,300        696,592  
     

 

 

 
Total Household Durables

 

     51,785,095  
Household Products – 0.3%

 

Lion Corp.

     135,100        1,336,288  

Pigeon Corp.

     127,500        1,442,679  

Unicharm Corp.

     146,500        5,194,381  
     

 

 

 
Total Household Products

 

     7,973,348  
Industrial Conglomerates – 1.1%

 

Hitachi Ltd.

     538,005        33,439,413  

Nisshinbo Holdings, Inc.

     216,924        1,616,482  
     

 

 

 
Total Industrial Conglomerates

 

     35,055,895  
Insurance – 4.9%

 

Dai-ichi Life Holdings, Inc.

     1,093,200        22,688,158  

MS&AD Insurance Group Holdings, Inc.

     857,400        31,572,545  

Sompo Holdings, Inc.(a)

     589,200        25,400,058  

Tokio Marine Holdings, Inc.

     3,274,500        76,033,791  
     

 

 

 
Total Insurance

 

     155,694,552  
IT Services – 0.8%

 

Fujitsu Ltd.

     85,432        10,076,081  

NEC Corp.

     175,600        9,721,103  

NTT Data Group Corp.

     387,000        5,198,469  
     

 

 

 
Total IT Services

 

     24,995,653  

 

See Notes to Financial Statements.

 

WisdomTree Trust      29  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2023

 

 

 

Investments    Shares      Value  
Leisure Products – 0.8%

 

Bandai Namco Holdings, Inc.

     661,200      $ 13,478,776  

GLOBERIDE, Inc.(a)

     28,300        383,086  

Mizuno Corp.(a)

     38,900        1,235,624  

Roland Corp.

     29,400        807,774  

Sega Sammy Holdings, Inc.

     239,400        4,426,233  

Shimano, Inc.

     30,100        4,067,459  

Tomy Co. Ltd.

     121,300        1,757,417  
     

 

 

 
Total Leisure Products

 

     26,156,369  
Machinery – 5.0%

 

Amada Co. Ltd.(a)

     422,793        4,262,637  

Anest Iwata Corp.

     60,100        481,686  

Asahi Diamond Industrial Co. Ltd.(a)

     87,600        520,111  

Bando Chemical Industries Ltd.

     78,000        857,752  

CKD Corp.

     93,700        1,294,124  

Daifuku Co. Ltd.

     142,500        2,701,985  

DMG Mori Co. Ltd.

     134,000        2,283,545  

Ebara Corp.

     87,731        4,120,667  

FANUC Corp.

     685,045        17,871,538  

Fujitec Co. Ltd.(a)

     62,900        1,454,214  

Glory Ltd.

     61,900        1,236,963  

Harmonic Drive Systems, Inc.(a)

     15,100        335,949  

Hitachi Construction Machinery Co. Ltd.

     209,900        6,394,407  

Hitachi Zosen Corp.

     86,900        488,585  

Hokuetsu Industries Co. Ltd.(a)

     51,400        716,448  

Hoshizaki Corp.(a)

     56,138        1,954,344  

IHI Corp.(a)

     149,500        3,140,777  

Iwaki Co. Ltd.

     49,600        593,305  

Japan Steel Works Ltd.

     49,600        923,030  

Kawasaki Heavy Industries Ltd.

     90,300        2,190,558  

Kitz Corp.

     192,000        1,331,680  

Komatsu Ltd.

     1,007,506        27,296,678  

Kurita Water Industries Ltd.(a)

     43,800        1,530,395  

Makino Milling Machine Co. Ltd.(a)

     23,300        1,019,595  

Max Co. Ltd.

     73,000        1,341,860  

Meidensha Corp.

     49,400        743,855  

MISUMI Group, Inc.

     81,200        1,271,394  

Mitsubishi Heavy Industries Ltd.

     210,519        11,774,110  

Mitsuboshi Belting Ltd.(a)

     100,900        3,103,575  

Miura Co. Ltd.

     55,400        1,117,467  

Nabtesco Corp.

     80,000        1,445,602  

Nachi-Fujikoshi Corp.

     49,600        1,336,184  

NGK Insulators Ltd.(a)

     458,175        6,085,461  

Nissei ASB Machine Co. Ltd.

     7,000        213,436  

Nissei Plastic Industrial Co. Ltd.

     54,700        373,525  

Nitta Corp.

     58,600        1,303,749  

Nomura Micro Science Co. Ltd.(a)

     6,600        269,352  

Noritake Co. Ltd.

     32,600        1,358,834  

NSK Ltd.

     616,400        3,474,724  

Obara Group, Inc.(a)

     18,700        483,713  

OKUMA Corp.(a)

     23,200        1,022,215  

Organo Corp.(a)

     42,000        1,182,108  

OSG Corp.

     99,324        1,172,785  

Shibaura Machine Co. Ltd.

     17,900      494,207  

SMC Corp.

     28,251        12,680,529  

Sodick Co. Ltd.

     119,200        584,717  

Star Micronics Co. Ltd.

     65,300        821,802  

Sumitomo Heavy Industries Ltd.

     216,437        5,499,944  

Takeuchi Manufacturing Co. Ltd.

     49,400        1,622,114  

Teikoku Electric Manufacturing Co. Ltd.

     49,100        831,796  

THK Co. Ltd.

     97,500        1,786,003  

Tocalo Co. Ltd.

     120,700        1,101,648  

Torishima Pump Manufacturing Co. Ltd.

     49,600        632,194  

Tsubaki Nakashima Co. Ltd.

     69,400        363,219  

Tsubakimoto Chain Co.

     72,700        1,887,837  

Tsugami Corp.

     54,800        425,988  

YAMABIKO Corp.

     84,700        817,343  

Yaskawa Electric Corp.(a)

     109,300        3,951,573  
     

 

 

 
Total Machinery

 

     157,575,836  
Marine Transportation – 3.2%

 

Iino Kaiun Kaisha Ltd.(a)

     262,200        1,843,175  

Mitsui OSK Lines Ltd.(a)

     1,491,400        41,076,589  

Nippon Yusen KK(a)

     2,152,500        56,053,711  

NS United Kaiun Kaisha Ltd.(a)

     59,500        1,570,983  
     

 

 

 
Total Marine Transportation

 

     100,544,458  
Media – 0.3%

 

Dentsu Group, Inc.

     252,800        7,453,979  

Hakuhodo DY Holdings, Inc.(a)

     295,900        2,437,990  
     

 

 

 
Total Media

 

     9,891,969  
Metals & Mining – 3.2%

 

ARE Holdings, Inc.(a)

     114,800        1,459,377  

Daido Steel Co. Ltd.(a)

     67,700        2,758,812  

Daiki Aluminium Industry Co. Ltd.(a)

     74,100        648,515  

Dowa Holdings Co. Ltd.

     58,000        1,807,727  

Kobe Steel Ltd.

     895,900        11,701,183  

Kyoei Steel Ltd.

     51,200        682,781  

Maruichi Steel Tube Ltd.

     120,700        3,008,906  

Mitsubishi Materials Corp.

     117,000        1,896,619  

Mitsui Mining & Smelting Co. Ltd.(a)

     84,500        2,148,953  

Neturen Co. Ltd.

     63,600        426,628  

Nippon Light Metal Holdings Co. Ltd.

     120,600        1,360,159  

Nippon Steel Corp.(a)

     2,182,400        51,260,258  

Nippon Yakin Kogyo Co. Ltd.(a)

     24,610        766,048  

Nittetsu Mining Co. Ltd.(a)

     23,900        802,406  

Sanyo Special Steel Co. Ltd.

     74,900        1,478,676  

Sumitomo Metal Mining Co. Ltd.

     550,300        16,222,280  

Toho Titanium Co. Ltd.(a)

     44,600        535,887  

Tokyo Steel Manufacturing Co. Ltd.(a)

     166,000        1,874,418  

UACJ Corp.

     60,300        1,268,836  
     

 

 

 
Total Metals & Mining

 

     102,108,469  
Oil, Gas & Consumable Fuels – 1.9%

 

ENEOS Holdings, Inc.

     6,529,400        25,811,312  

Idemitsu Kosan Co. Ltd.

     474,300        10,927,414  

Inpex Corp.

     1,596,500        24,136,063  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     60,874,789  

 

See Notes to Financial Statements.

 

30   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2023

 

 

 

Investments    Shares      Value  
Paper & Forest Products – 0.2%

 

Daiken Corp.

     53,400      $ 1,071,757  

Hokuetsu Corp.(a)

     144,100        1,047,737  

Oji Holdings Corp.

     802,000        3,380,519  
     

 

 

 
Total Paper & Forest Products

 

     5,500,013  
Personal Care Products – 0.7%

 

Kao Corp.

     362,180        13,472,683  

Kose Corp.(a)

     18,600        1,353,011  

Rohto Pharmaceutical Co. Ltd.

     93,400        2,538,026  

Shiseido Co. Ltd.(a)

     131,922        4,641,250  
     

 

 

 
Total Personal Care Products

 

     22,004,970  
Pharmaceuticals – 6.5%

 

Astellas Pharma, Inc.

     1,474,904        20,498,917  

Chugai Pharmaceutical Co. Ltd.

     1,666,100        51,627,049  

Daiichi Sankyo Co. Ltd.

     343,400        9,448,821  

Eisai Co. Ltd.

     166,100        9,243,052  

Hisamitsu Pharmaceutical Co., Inc.

     64,800        2,365,325  

Kyowa Kirin Co. Ltd.

     205,870        3,592,464  

Nippon Shinyaku Co. Ltd.

     33,800        1,433,541  

Ono Pharmaceutical Co. Ltd.

     411,700        7,912,586  

Otsuka Holdings Co. Ltd.

     363,300        12,934,916  

Santen Pharmaceutical Co. Ltd.

     382,700        3,522,456  

Shionogi & Co. Ltd.

     166,277        7,450,012  

Sumitomo Pharma Co. Ltd.

     291,200        1,045,373  

Taisho Pharmaceutical Holdings Co. Ltd.(a)

     54,700        2,259,113  

Takeda Pharmaceutical Co. Ltd.

     2,237,363        69,583,526  

Towa Pharmaceutical Co. Ltd.

     45,500        866,246  
     

 

 

 
Total Pharmaceuticals

 

     203,783,397  
Professional Services – 0.4%

 

en Japan, Inc.

     49,500        772,230  

Open Up Group, Inc.

     64,100        788,229  

Persol Holdings Co. Ltd.

     871,600        1,421,662  

Recruit Holdings Co. Ltd.

     215,700        6,662,163  

Transcosmos, Inc.

     94,100        2,014,739  
     

 

 

 
Total Professional Services

 

     11,659,023  
Real Estate Management & Development – 0.0%

 

Relo Group, Inc.

     75,200        815,622  
Semiconductors & Semiconductor Equipment – 4.4%

 

Advantest Corp.(a)

     444,000        12,440,033  

Disco Corp.

     128,600        23,768,055  

Ferrotec Holdings Corp.

     27,200        521,307  

Furuya Metal Co. Ltd.

     7,200        498,415  

Micronics Japan Co. Ltd.

     58,800        834,962  

Mitsui High-Tec, Inc.

     9,600        499,219  

Optorun Co. Ltd.

     29,900        368,478  

Rohm Co. Ltd.

     247,600        4,674,077  

SCREEN Holdings Co. Ltd.(a)

     109,120        5,324,193  

Shibaura Mechatronics Corp.(a)

     15,600        737,008  

Shinko Electric Industries Co. Ltd.(a)

     62,459        2,437,251  

SUMCO Corp.

     364,500        4,760,667  

Tokyo Electron Ltd.

     554,159        75,905,578  

Tokyo Seimitsu Co. Ltd.

     90,900        4,562,513  

Ulvac, Inc.

     42,400      1,532,907  

Yamaichi Electronics Co. Ltd.

     66,700        769,693  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     139,634,356  
Software – 0.2%

 

Cybernet Systems Co. Ltd.

     58,200        303,042  

Trend Micro, Inc.

     160,808        6,107,956  
     

 

 

 
Total Software

 

     6,410,998  
Specialty Retail – 0.7%

 

ABC-Mart, Inc.

     189,600        3,415,278  

Fast Retailing Co. Ltd.

     73,100        15,964,678  

IDOM, Inc.(a)

     83,100        405,963  

Sanrio Co. Ltd.

     14,900        708,929  

VT Holdings Co. Ltd.

     325,100        1,113,259  
     

 

 

 
Total Specialty Retail

 

     21,608,107  
Technology Hardware, Storage & Peripherals – 2.0%

 

Brother Industries Ltd.

     194,143        3,133,479  

Canon, Inc.(a)

     1,352,697        32,678,658  

Eizo Corp.

     26,000        883,364  

FUJIFILM Holdings Corp.

     254,495        14,765,741  

MCJ Co. Ltd.

     75,600        568,425  

Ricoh Co. Ltd.

     485,600        4,199,476  

Riso Kagaku Corp.

     49,500        774,883  

Roland DG Corp.

     25,800        587,837  

Seiko Epson Corp.(a)

     337,500        5,313,830  

Toshiba TEC Corp.

     15,800        361,581  

Wacom Co. Ltd.

     134,200        533,293  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     63,800,567  
Textiles, Apparel & Luxury Goods – 0.2%

 

Asics Corp.

     80,292        2,810,287  

Descente Ltd.

     18,900        542,714  

Kurabo Industries Ltd.

     49,547        810,150  

Seiko Group Corp.(a)

     49,400        866,011  

Wacoal Holdings Corp.

     62,000        1,404,322  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     6,433,484  
Tobacco – 2.7%

 

Japan Tobacco, Inc.

     3,643,531        83,992,271  
Trading Companies & Distributors – 12.9%

 

Alconix Corp.

     49,700        450,955  

Chori Co. Ltd.

     58,000        1,164,470  

Hanwa Co. Ltd.

     40,700        1,294,163  

Inabata & Co. Ltd.

     83,386        1,749,025  

ITOCHU Corp.(a)

     1,430,194        51,811,887  

KPP Group Holdings Co. Ltd.

     62,300        286,398  

Marubeni Corp.

     3,543,478        55,375,377  

Mitsubishi Corp.

     2,314,600        110,561,024  

Mitsui & Co. Ltd.

     2,477,000        90,016,894  

Mitsui Matsushima Holdings Co. Ltd.(a)

     26,100        481,860  

Nagase & Co. Ltd.

     90,700        1,428,650  

Sanyo Trading Co. Ltd.

     49,600        448,386  

Shinsho Corp.

     27,100        1,051,493  

Sojitz Corp.

     546,004        11,993,976  

 

See Notes to Financial Statements.

 

WisdomTree Trust      31  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2023

 

 

 

Investments    Shares      Value  

Sumitomo Corp.

     2,916,577      $ 58,321,768  

Toyota Tsusho Corp.

     353,710        20,846,905  
     

 

 

 
Total Trading Companies & Distributors

 

     407,283,231  
Transportation Infrastructure – 0.0%

 

Nissin Corp.(a)

     28,500        510,890  

TOTAL COMMON STOCKS

(Cost: $2,958,761,023)

 

 

     3,111,417,084  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.4%

 

United States – 3.4%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(b)

     
(Cost: $107,831,573)      107,831,573        107,831,573  

TOTAL INVESTMENTS IN SECURITIES – 101.9%

(Cost: $3,066,592,596)

 

 

     3,219,248,657  

Other Assets less Liabilities – (1.9)%

 

     (61,318,122
     

 

 

 
NET ASSETS – 100.0%

 

   $ 3,157,930,535  
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $227,850,977 and the total market value of the collateral held by the Fund was $240,781,115. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $132,949,542.

 

(b)

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

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

    10/4/2023       12,816,176       USD       1,887,199,858       JPY     $ 167,489     $  

Barclays Bank PLC

    10/4/2023       694,209,555       USD       100,599,989,243       JPY       19,952,509        

Citibank NA

    10/4/2023       694,209,555       USD       100,599,642,138       JPY       19,954,836        

Citibank NA

    10/4/2023       12,816,176       USD       1,878,188,805       JPY       227,884        

Citibank NA

    11/6/2023       35,817,126       USD       5,315,995,749       JPY             (941

Goldman Sachs

    10/4/2023       112,659,946,658       JPY       755,086,391       USD       795        

Goldman Sachs

    10/4/2023       17,088,235       USD       2,520,760,733       JPY       193,196        

Goldman Sachs

    11/6/2023       791,334,635       USD       117,448,462,124       JPY             (8,531

HSBC Holdings PLC

    10/4/2023       112,660,626,534       JPY       755,086,393       USD       5,350        

HSBC Holdings PLC

    10/4/2023       694,209,555       USD       100,599,642,138       JPY       19,954,836        

HSBC Holdings PLC

    10/4/2023       25,632,353       USD       3,740,580,537       JPY       561,647        

HSBC Holdings PLC

    11/6/2023       791,334,637       USD       117,448,541,554       JPY             (9,064

JP Morgan Chase Bank NA

    10/4/2023       112,660,777,551       JPY       755,086,393       USD       6,362        

JP Morgan Chase Bank NA

    10/4/2023       12,816,176       USD       1,885,810,457       JPY       176,801        

JP Morgan Chase Bank NA

    11/6/2023       791,334,637       USD       117,449,016,355       JPY             (12,263

Morgan Stanley & Co. International

    10/4/2023       112,660,696,002       JPY       755,086,393       USD       5,816        

Morgan Stanley & Co. International

    10/4/2023       694,209,555       USD       100,599,021,515       JPY       19,958,995        

Morgan Stanley & Co. International

    10/4/2023       85,441,176       USD       12,564,148,598       JPY       1,231,766        

Morgan Stanley & Co. International

    10/4/2023       34,176,470       USD       5,037,149,509       JPY       415,695        

Morgan Stanley & Co. International

    10/4/2023       42,720,588       USD       6,317,951,219       JPY       375,423        

Morgan Stanley & Co. International

    11/6/2023       791,334,637       USD       117,448,733,057       JPY             (10,354
                                            $ 83,189,400     $ (41,153

 

See Notes to Financial Statements.

 

32   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Japan Hedged Equity Fund (DXJ)

September 30, 2023

 

 

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

           

Automobile Components

   $ 149,936,288      $ 638,177      $      $ 150,574,465  

Other

     2,960,842,619                      2,960,842,619  

Investment of Cash Collateral for Securities Loaned

            107,831,573               107,831,573  

Total Investments in Securities

   $ 3,110,778,907      $ 108,469,750      $      $ 3,219,248,657  
Financial Derivative Instruments            

Foreign Currency Contracts1

   $      $ 83,189,400      $      $ 83,189,400  
Liabilities:            
Financial Derivative Instruments            

Foreign Currency Contracts1

   $      $ (41,153    $      $ (41,153

Total – Net

   $ 3,110,778,907      $ 191,617,997      $      $ 3,302,396,904  

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      33  


Schedule of Investments (unaudited)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.7%

 

Japan – 98.7%

 

Air Freight & Logistics – 1.2%

 

AIT Corp.

     3,000      $ 35,604  

AZ-COM MARUWA Holdings, Inc.(a)

     4,000        57,041  

Hamakyorex Co. Ltd.

     1,600        43,532  

Konoike Transport Co. Ltd.

     3,800        49,249  

Mitsui-Soko Holdings Co. Ltd.

     3,700        106,742  

Sankyu, Inc.

     3,100        107,422  

SBS Holdings, Inc.

     1,600        30,043  

Senko Group Holdings Co. Ltd.

     15,800        110,963  

Shibusawa Warehouse Co. Ltd.(a)

     2,200        44,892  

Trancom Co. Ltd.(a)

     400        19,675  
     

 

 

 
Total Air Freight & Logistics

 

     605,163  
Automobile Components – 5.4%

 

Aisan Industry Co. Ltd.

     6,700        60,030  

Daido Metal Co. Ltd.

     7,300        27,884  

Daikyonishikawa Corp.

     8,900        48,011  

Eagle Industry Co. Ltd.

     8,400        95,357  

Exedy Corp.

     9,800        171,668  

Fujikura Composites, Inc.(a)

     3,500        27,559  

FuKoKu Co. Ltd.

     3,100        29,852  

Futaba Industrial Co. Ltd.

     7,000        35,885  

G-Tekt Corp.

     4,298        52,420  

KYB Corp.

     3,600        116,643  

Musashi Seimitsu Industry Co. Ltd.

     5,200        56,626  

NHK Spring Co. Ltd.

     31,400        240,721  

NOK Corp.(a)

     18,200        242,159  

Pacific Industrial Co. Ltd.

     6,600        63,380  

Piolax, Inc.(a)

     4,000        61,330  

Press Kogyo Co. Ltd.

     20,900        96,499  

Riken Corp.*

     2,300        57,336  

Seiren Co. Ltd.(a)

     2,600        40,823  

Shoei Co. Ltd.(a)

     3,600        55,221  

Sumitomo Riko Co. Ltd.

     6,400        47,949  

Sumitomo Rubber Industries Ltd.

     22,300        246,723  

Suncall Corp.(a)

     5,500        18,060  

T RAD Co. Ltd.

     1,400        21,109  

Tachi-S Co. Ltd.

     5,500        62,731  

Tokai Rika Co. Ltd.(a)

     9,125        143,334  

Toyo Tire Corp.

     18,100        279,217  

Toyoda Gosei Co. Ltd.

     7,500        161,434  

TPR Co. Ltd.

     4,406        53,885  

TS Tech Co. Ltd.(a)

     12,000        136,385  

Unipres Corp.

     2,800        21,747  
     

 

 

 
Total Automobile Components

 

     2,771,978  
Automobiles – 0.1%

 

Nissan Shatai Co. Ltd.

     5,700        32,659  
Banks – 9.1%

 

77 Bank Ltd.(a)

     11,300        240,047  

Akita Bank Ltd.

     2,800        37,865  

Aozora Bank Ltd.(a)

     17,000        348,032  

Awa Bank Ltd.(a)

     2,400        36,862  

Bank of Iwate Ltd.

     2,900      50,761  

Bank of Nagoya Ltd.

     2,700        93,905  

Bank of Saga Ltd.

     2,400        32,713  

Bank of the Ryukyus Ltd.(a)

     6,800        51,948  

Daishi Hokuetsu Financial Group, Inc.

     4,900        124,614  

Ehime Bank Ltd.

     5,600        36,852  

FIDEA Holdings Co. Ltd.

     4,100        44,043  

First Bank of Toyama Ltd.(a)

     8,000        50,287  

Gunma Bank Ltd.(a)

     35,800        167,359  

Hachijuni Bank Ltd.(a)

     45,400        250,966  

Hirogin Holdings, Inc.

     29,300        180,090  

Hokkoku Financial Holdings, Inc.(a)

     1,200        41,816  

Hokuhoku Financial Group, Inc.

     11,500        123,342  

Hyakugo Bank Ltd.

     19,800        71,119  

Hyakujushi Bank Ltd.(a)

     4,500        79,069  

Juroku Financial Group, Inc.(a)

     4,000        100,385  

Keiyo Bank Ltd.(a)

     13,900        64,458  

Kiyo Bank Ltd.(a)

     4,198        42,142  

Kyushu Financial Group, Inc.(a)

     32,900        169,984  

Mebuki Financial Group, Inc.

     92,100        255,331  

Miyazaki Bank Ltd.

     2,100        39,094  

Musashino Bank Ltd.(a)

     3,600        66,656  

Nanto Bank Ltd.(a)

     2,800        49,930  

Nishi-Nippon Financial Holdings, Inc.(a)

     16,700        191,145  

North Pacific Bank Ltd.

     37,800        91,445  

Ogaki Kyoritsu Bank Ltd.(a)

     3,900        54,204  

Oita Bank Ltd.

     2,500        45,535  

Okinawa Financial Group, Inc.(a)

     2,040        33,165  

Procrea Holdings, Inc.(a)

     1,300        17,066  

San ju San Financial Group, Inc.

     4,300        53,482  

San-In Godo Bank Ltd.

     27,900        180,983  

Senshu Ikeda Holdings, Inc.(a)

     50,000        107,556  

Seven Bank Ltd.(a)

     157,200        327,515  

Shiga Bank Ltd.(a)

     7,000        164,182  

Shikoku Bank Ltd.

     5,200        35,369  

Suruga Bank Ltd.

     7,900        33,511  

Toho Bank Ltd.(a)

     30,200        57,071  

Tokyo Kiraboshi Financial Group, Inc.

     4,600        138,871  

TOMONY Holdings, Inc.

     10,000        30,893  

Towa Bank Ltd.

     6,100        25,753  

Yamagata Bank Ltd.(a)

     3,800        28,928  

Yamaguchi Financial Group, Inc.

     21,700        190,570  

Yamanashi Chuo Bank Ltd.(a)

     4,600        51,233  
     

 

 

 
Total Banks

 

     4,708,147  
Beverages – 0.8%

 

Coca-Cola Bottlers Japan Holdings, Inc.

     18,000        237,145  

Sapporo Holdings Ltd.

     2,300        73,319  

Takara Holdings, Inc.

     16,200        130,382  
     

 

 

 
Total Beverages

 

     440,846  
Biotechnology – 0.1%

 

Takara Bio, Inc.

     5,400        50,047  

 

See Notes to Financial Statements.

 

34   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Broadline Retail – 1.1%

 

ASKUL Corp.(a)

     4,600      $ 60,419  

Belluna Co. Ltd.(a)

     6,100        27,470  

Izumi Co. Ltd.

     4,700        124,693  

J Front Retailing Co. Ltd.

     16,000        163,940  

Mr Max Holdings Ltd.

     5,700        23,529  

Seria Co. Ltd.

     4,900        72,306  

Takashimaya Co. Ltd.

     5,300        77,711  
     

 

 

 
Total Broadline Retail

 

     550,068  
Building Products – 1.7%

 

Bunka Shutter Co. Ltd.(a)

     5,900        43,729  

Central Glass Co. Ltd.(a)

     2,700        53,647  

Nichias Corp.

     8,300        170,477  

Nichiha Corp.

     3,200        63,110  

Nitto Boseki Co. Ltd.(a)

     1,700        39,759  

Noritz Corp.

     3,700        39,324  

Okabe Co. Ltd.

     6,200        31,203  

Sanwa Holdings Corp.

     16,500        219,816  

Shin Nippon Air Technologies Co. Ltd.

     2,100        33,845  

Takara Standard Co. Ltd.(a)

     6,017        74,716  

Takasago Thermal Engineering Co. Ltd.(a)

     4,600        89,580  
     

 

 

 
Total Building Products

 

     859,206  
Capital Markets – 1.3%

 

Ichiyoshi Securities Co. Ltd.

     9,900        46,639  

IwaiCosmo Holdings, Inc.

     4,200        49,170  

Matsui Securities Co. Ltd.(a)

     29,700        163,402  

Monex Group, Inc.(a)

     20,665        77,273  

Okasan Securities Group, Inc.

     22,300        103,860  

SBI Global Asset Management Co. Ltd.

     11,599        43,606  

Sparx Group Co. Ltd.

     4,139        41,799  

Tokai Tokyo Financial Holdings, Inc.

     38,200        124,155  
     

 

 

 
Total Capital Markets

 

     649,904  
Chemicals – 9.8%

 

ADEKA Corp.

     8,400        143,908  

Aica Kogyo Co. Ltd.

     5,300        118,520  

Arakawa Chemical Industries Ltd.(a)

     4,700        32,031  

Asahi Yukizai Corp.(a)

     1,900        47,046  

C Uyemura & Co. Ltd.

     2,000        126,386  

Chugoku Marine Paints Ltd.(a)

     5,700        51,757  

CI Takiron Corp.(a)

     9,900        38,081  

Dai Nippon Toryo Co. Ltd.

     4,700        30,551  

Daicel Corp.

     29,500        247,308  

Dainichiseika Color & Chemicals Manufacturing Co. Ltd.

     2,200        33,496  

Denka Co. Ltd.(a)

     9,200        166,645  

DIC Corp.

     8,800        143,212  

DKS Co. Ltd.

     1,800        20,988  

Fujimi, Inc.(a)

     9,300        187,278  

Fujimori Kogyo Co. Ltd.

     1,300        32,364  

Fuso Chemical Co. Ltd.(a)

     1,600        42,138  

Harima Chemicals Group, Inc.

     4,500        24,879  

Ishihara Sangyo Kaisha Ltd.

     5,100        50,615  

JCU Corp.

     1,500      31,262  

JSP Corp.

     2,717        37,198  

Kaneka Corp.

     4,848        126,118  

Kanto Denka Kogyo Co. Ltd.(a)

     3,700        21,671  

KH Neochem Co. Ltd.

     4,200        64,594  

Konishi Co. Ltd.(a)

     2,600        39,725  

Kumiai Chemical Industry Co. Ltd.

     8,394        62,326  

Kureha Corp.

     1,300        72,481  

Lintec Corp.

     10,700        171,551  

Moriroku Holdings Co. Ltd.

     2,600        39,115  

Nihon Nohyaku Co. Ltd.(a)

     5,300        23,335  

Nihon Parkerizing Co. Ltd.

     14,600        108,210  

Nippon Kayaku Co. Ltd.

     22,400        187,561  

Nippon Pillar Packing Co. Ltd.(a)

     4,000        104,674  

Nippon Shokubai Co. Ltd.

     4,800        174,662  

Nippon Soda Co. Ltd.

     4,600        169,543  

Osaka Organic Chemical Industry Ltd.(a)

     1,500        25,391  

Osaka Soda Co. Ltd.(a)

     2,177        94,097  

Riken Technos Corp.

     6,400        30,665  

Sakai Chemical Industry Co. Ltd.

     2,900        40,208  

Sakata INX Corp.

     4,300        37,114  

Sanyo Chemical Industries Ltd.(a)

     1,900        52,139  

Shikoku Kasei Holdings Corp.

     2,700        29,890  

Shin-Etsu Polymer Co. Ltd.

     7,300        65,454  

Sumitomo Bakelite Co. Ltd.

     3,500        152,994  

T Hasegawa Co. Ltd.(a)

     2,900        59,273  

Taiyo Holdings Co. Ltd.

     5,800        99,656  

Takasago International Corp.

     1,900        38,325  

Teijin Ltd.

     18,500        180,134  

Toagosei Co. Ltd.

     13,900        125,191  

Tokai Carbon Co. Ltd.

     16,500        129,479  

Tokuyama Corp.

     6,800        107,087  

Tokyo Ohka Kogyo Co. Ltd.

     4,100        244,420  

Toyo Ink SC Holdings Co. Ltd.

     6,300        98,706  

Toyobo Co. Ltd.

     7,900        57,043  

UBE Corp.

     12,580        212,568  

Valqua Ltd.(a)

     3,400        94,327  

Zeon Corp.(a)

     13,300        139,306  
     

 

 

 
Total Chemicals

 

     5,084,696  
Commercial Services & Supplies – 1.4%

 

Aeon Delight Co. Ltd.

     2,800        61,732  

Daiseki Co. Ltd.

     1,440        38,599  

Inui Global Logistics Co. Ltd.(a)

     8,200        72,645  

Japan Elevator Service Holdings Co. Ltd.

     1,700        25,006  

Kokuyo Co. Ltd.

     7,500        119,191  

Mitsubishi Pencil Co. Ltd.

     3,100        39,844  

Nippon Kanzai Holdings Co. Ltd.

     2,600        44,761  

Nippon Parking Development Co. Ltd.

     22,400        31,973  

Okamura Corp.

     6,300        95,455  

Pilot Corp.

     1,800        61,892  

Prestige International, Inc.(a)

     4,400        18,252  

Sato Holdings Corp.(a)

     2,600        36,781  

Studio Alice Co. Ltd.(a)

     1,900        26,433  

 

See Notes to Financial Statements.

 

WisdomTree Trust      35  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Takara & Co. Ltd.

     1,600      $ 26,451  

TRE Holdings Corp.

     2,600        20,995  
     

 

 

 
Total Commercial Services & Supplies

 

     720,010  
Construction & Engineering – 5.8%

 

Asanuma Corp.

     3,100        74,579  

CTI Engineering Co. Ltd.

     1,500        45,183  

Dai-Dan Co. Ltd.

     4,000        39,806  

Daiho Corp.

     3,200        84,597  

EXEO Group, Inc.(a)

     10,700        219,700  

Hazama Ando Corp.

     17,000        132,947  

INFRONEER Holdings, Inc.

     21,168        219,588  

Integrated Design & Engineering Holdings Co. Ltd.

     1,700        40,727  

JDC Corp.

     6,800        30,258  

Kandenko Co. Ltd.

     13,600        125,496  

Kumagai Gumi Co. Ltd.

     4,100        96,850  

Kyudenko Corp.(a)

     5,000        157,011  

MIRAIT ONE Corp.

     8,944        117,865  

Nippon Road Co. Ltd.

     3,000        37,775  

Nishimatsu Construction Co. Ltd.(a)

     8,000        198,787  

Nittoc Construction Co. Ltd.

     6,300        46,102  

Okumura Corp.(a)

     4,700        141,417  

Oriental Shiraishi Corp.

     15,200        33,512  

Penta-Ocean Construction Co. Ltd.

     18,000        107,258  

PS Mitsubishi Construction Co. Ltd.(a)

     7,300        40,848  

Raito Kogyo Co. Ltd.

     4,300        59,447  

Raiznext Corp.

     4,200        40,923  

Sanki Engineering Co. Ltd.

     8,500        92,448  

Seikitokyu Kogyo Co. Ltd.(a)

     3,000        31,523  

Shinnihon Corp.

     5,800        47,729  

Sumitomo Mitsui Construction Co. Ltd.

     14,340        39,496  

Taihei Dengyo Kaisha Ltd.

     1,800        49,094  

Taikisha Ltd.

     2,400        72,696  

Takamatsu Construction Group Co. Ltd.

     2,200        39,304  

Tekken Corp.

     2,600        37,060  

Tess Holdings Co. Ltd.

     3,100        10,927  

Toa Corp.

     1,800        45,294  

Tobishima Corp.

     3,100        28,751  

Toda Corp.

     24,700        134,007  

Tokyu Construction Co. Ltd.

     7,600        39,725  

Totetsu Kogyo Co. Ltd.

     2,500        49,221  

Toyo Construction Co. Ltd.

     6,400        52,238  

Wakachiku Construction Co. Ltd.

     1,400        28,239  

Yokogawa Bridge Holdings Corp.

     3,700        69,277  

Yondenko Corp.

     1,700        32,388  

Yurtec Corp.

     5,800        37,313  
     

 

 

 
Total Construction & Engineering

 

     3,027,406  
Construction Materials – 0.5%

 

Sumitomo Osaka Cement Co. Ltd.

     3,000        73,842  

Taiheiyo Cement Corp.

     10,000        177,584  

Yotai Refractories Co. Ltd.

     2,900        28,315  
     

 

 

 
Total Construction Materials

 

     279,741  
Consumer Finance – 0.0%

 

J Trust Co. Ltd.(a)

     4,300        13,803  
Consumer Staples Distribution & Retail – 2.0%

 

Aeon Hokkaido Corp.

     3,500      20,452  

Ain Holdings, Inc.

     700        20,687  

Arcs Co. Ltd.

     5,800        105,836  

Belc Co. Ltd.

     900        41,434  

Create SD Holdings Co. Ltd.

     2,400        54,522  

Fuji Co. Ltd.

     2,800        33,512  

G-7 Holdings, Inc.(a)

     2,900        24,098  

H2O Retailing Corp.(a)

     5,900        71,721  

Heiwado Co. Ltd.

     2,700        47,188  

Inageya Co. Ltd.(a)

     1,800        17,551  

JM Holdings Co. Ltd.

     1,700        22,158  

Kato Sangyo Co. Ltd.

     3,200        85,240  

Life Corp.

     3,400        82,935  

Mitsubishi Shokuhin Co. Ltd.

     4,400        114,994  

Qol Holdings Co. Ltd.(a)

     3,200        39,822  

Retail Partners Co. Ltd.(a)

     2,200        25,712  

San-A Co. Ltd.

     1,000        32,032  

United Super Markets Holdings, Inc.(a)

     5,100        36,535  

Valor Holdings Co. Ltd.

     4,100        60,088  

Yaoko Co. Ltd.(a)

     1,300        66,984  

Yokorei Co. Ltd.(a)

     4,000        32,461  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     1,035,962  
Containers & Packaging – 0.4%

 

FP Corp.

     2,800        45,079  

Fuji Seal International, Inc.

     3,300        39,408  

Rengo Co. Ltd.

     18,881        129,817  
     

 

 

 
Total Containers & Packaging

 

     214,304  
Distributors – 0.5%

 

Arata Corp.

     1,300        48,611  

Doshisha Co. Ltd.

     3,600        53,798  

Happinet Corp.

     2,400        40,208  

PALTAC Corp.(a)

     2,800        88,001  

Yamae Group Holdings Co. Ltd.(a)

     1,400        34,338  
     

 

 

 
Total Distributors

 

     264,956  
Diversified Consumer Services – 0.4%

 

Asante, Inc.(a)

     2,600        27,494  

Aucnet, Inc.

     1,900        22,829  

Benesse Holdings, Inc.(a)

     5,800        71,108  

Gakkyusha Co. Ltd.

     2,000        27,301  

Riso Kyoiku Co. Ltd.(a)

     19,700        32,740  

Tokyo Individualized Educational Institute, Inc.

     12,000        39,404  
     

 

 

 
Total Diversified Consumer Services

 

     220,876  
Electrical Equipment – 1.5%

 

Cosel Co. Ltd.

     2,500        20,858  

Daihen Corp.(a)

     2,000        67,817  

Fujikura Ltd.(a)

     10,300        82,932  

Furukawa Electric Co. Ltd.(a)

     3,726        59,476  

GS Yuasa Corp.(a)

     3,800        67,813  

Idec Corp.

     2,800        55,690  

Mabuchi Motor Co. Ltd.

     4,100        122,815  

Nippon Carbon Co. Ltd.

     1,700        51,891  

 

See Notes to Financial Statements.

 

36   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Nitto Kogyo Corp.(a)

     3,800      $ 91,292  

Sanyo Denki Co. Ltd.

     700        32,086  

Sinfonia Technology Co. Ltd.

     3,500        37,738  

SWCC Corp.

     1,700        24,254  

Takaoka Toko Co. Ltd.(a)

     1,600        22,527  

Toyo Tanso Co. Ltd.

     1,300        47,217  
     

 

 

 
Total Electrical Equipment

 

     784,406  
Electronic Equipment, Instruments & Components – 7.0%

 

A&D HOLON Holdings Co. Ltd.(a)

     2,300        26,233  

Ai Holdings Corp.

     5,500        87,278  

Alps Alpine Co. Ltd.(a)

     13,800        119,990  

Amano Corp.

     5,600        123,164  

Anritsu Corp.(a)

     7,700        55,083  

Canon Electronics, Inc.

     3,400        43,085  

Citizen Watch Co. Ltd.(a)

     38,200        235,510  

Daishinku Corp.

     4,300        22,188  

Daitron Co. Ltd.

     2,000        40,476  

Daiwabo Holdings Co. Ltd.

     7,500        143,994  

Dexerials Corp.(a)

     4,100        101,384  

Elematec Corp.

     6,758        83,782  

ESPEC Corp.

     2,200        35,412  

Hakuto Co. Ltd.(a)

     4,100        139,300  

Hioki EE Corp.

     800        38,760  

Hochiki Corp.

     2,500        27,107  

Horiba Ltd.

     3,300        178,993  

I-PEX, Inc.(a)

     1,800        19,203  

Innotech Corp.

     3,400        36,501  

Iriso Electronics Co. Ltd.

     900        25,331  

Japan Aviation Electronics Industry Ltd.(a)

     6,300        125,683  

Kaga Electronics Co. Ltd.

     3,500        152,220  

Koa Corp.(a)

     2,800        33,756  

Kyosan Electric Manufacturing Co. Ltd.

     7,900        25,782  

Macnica Holdings, Inc.

     6,100        287,371  

Marubun Corp.(a)

     3,400        26,156  

Maruwa Co. Ltd.(a)

     200        31,469  

Maxell Ltd.

     4,200        47,087  

Meiko Electronics Co. Ltd.(a)

     1,200        27,301  

Nichicon Corp.

     5,500        51,968  

Nippon Ceramic Co. Ltd.

     2,500        44,631  

Nippon Electric Glass Co. Ltd.

     16,000        298,717  

Nippon Signal Co. Ltd.(a)

     4,300        27,087  

Nissha Co. Ltd.

     2,000        22,516  

Nohmi Bosai Ltd.

     3,566        42,273  

Oki Electric Industry Co. Ltd.(a)

     8,300        55,954  

Optex Group Co. Ltd.

     2,200        23,869  

Osaki Electric Co. Ltd.(a)

     7,300        33,216  

Restar Holdings Corp.

     2,800        45,952  

Riken Keiki Co. Ltd.(a)

     1,400        56,572  

RYODEN Corp.

     3,100        48,300  

Ryosan Co. Ltd.(a)

     2,800        83,498  

Sanshin Electronics Co. Ltd.(a)

     2,200        32,095  

Satori Electric Co. Ltd.(a)

     3,400        42,926  

Shibaura Electronics Co. Ltd.

     700        28,239  

Siix Corp.

     3,300      33,680  

Suzuden Corp.

     2,100        30,988  

Tachibana Eletech Co. Ltd.

     2,500        46,909  

Tokyo Electron Device Ltd.(a)

     2,400        57,015  

Tomen Devices Corp.(a)

     900        29,191  

Topcon Corp.

     7,500        82,903  

Tsuzuki Denki Co. Ltd.

     2,500        38,784  

Yokowo Co. Ltd.

     1,500        15,822  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     3,612,704  
Energy Equipment & Services – 0.1%

 

Toyo Kanetsu KK

     1,400        31,710  
Entertainment – 0.8%

 

Amuse, Inc.

     2,000        21,056  

COLOPL, Inc.(a)

     8,800        34,793  

Daiichikosho Co. Ltd.

     6,900        112,245  

GungHo Online Entertainment, Inc.

     2,900        45,873  

Marvelous, Inc.

     8,400        40,135  

MIXI, Inc.(a)

     8,600        136,643  
     

 

 

 
Total Entertainment

 

     390,745  
Financial Services – 0.3%

 

eGuarantee, Inc.

     1,300        16,970  

Financial Partners Group Co. Ltd.(a)

     12,800        115,370  

Japan Investment Adviser Co. Ltd.

     2,800        31,767  
     

 

 

 
Total Financial Services

 

     164,107  
Food Products – 3.7%

 

Ariake Japan Co. Ltd.(a)

     1,500        51,004  

Chubu Shiryo Co. Ltd.

     3,800        27,859  

DyDo Group Holdings, Inc.(a)

     800        29,539  

Ezaki Glico Co. Ltd.

     3,400        93,530  

Feed One Co. Ltd.

     4,500        24,004  

Fuji Oil Holdings, Inc.

     4,551        69,153  

Fujicco Co. Ltd.

     1,500        19,380  

Fujiya Co. Ltd.

     1,200        20,458  

Hokuto Corp.

     2,500        30,491  

House Foods Group, Inc.(a)

     3,700        77,360  

Itoham Yonekyu Holdings, Inc.

     4,280        116,160  

Kagome Co. Ltd.

     2,800        60,888  

Kameda Seika Co. Ltd.(a)

     700        19,209  

Kotobuki Spirits Co. Ltd.

     2,500        40,493  

Kyokuyo Co. Ltd.

     1,000        26,403  

Marudai Food Co. Ltd.(a)

     2,500        27,944  

Maruha Nichiro Corp.

     4,100        70,502  

Megmilk Snow Brand Co. Ltd.

     5,900        90,660  

Mitsui DM Sugar Holdings Co. Ltd.

     2,600        52,444  

Morinaga & Co. Ltd.

     4,300        155,662  

Morinaga Milk Industry Co. Ltd.

     2,100        79,187  

Nichirei Corp.(a)

     6,800        149,694  

Nippn Corp.

     6,800        99,021  

Nisshin Oillio Group Ltd.

     2,100        58,894  

Nissui Corp.

     21,100        103,460  

Prima Meat Packers Ltd.

     3,800        62,465  

Riken Vitamin Co. Ltd.

     3,000        44,570  

 

See Notes to Financial Statements.

 

WisdomTree Trust      37  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2023

 

 

 

Investments    Shares      Value  

S Foods, Inc.

     3,100      $ 69,489  

Sakata Seed Corp.

     1,600        46,587  

Showa Sangyo Co. Ltd.(a)

     1,800        36,850  

Warabeya Nichiyo Holdings Co. Ltd.

     1,700        32,194  

Yukiguni Maitake Co. Ltd.

     4,700        28,315  
     

 

 

 
Total Food Products

 

     1,913,869  
Gas Utilities – 0.7%

 

Hokkaido Gas Co. Ltd.

     1,700        27,034  

Nippon Gas Co. Ltd.

     10,900        161,866  

Saibu Gas Holdings Co. Ltd.

     3,300        42,680  

Shizuoka Gas Co. Ltd.

     3,000        20,486  

Toho Gas Co. Ltd.(a)

     5,000        87,368  
     

 

 

 
Total Gas Utilities

 

     339,434  
Ground Transportation – 1.0%

 

Alps Logistics Co. Ltd.

     3,100        33,550  

Fukuyama Transporting Co. Ltd.

     2,100        55,306  

Ichinen Holdings Co. Ltd.

     3,400        32,741  

Maruzen Showa Unyu Co. Ltd.

     1,200        30,437  

Nikkon Holdings Co. Ltd.

     4,900        103,796  

Nishi-Nippon Railroad Co. Ltd.(a)

     2,700        44,899  

Sakai Moving Service Co. Ltd.

     2,400        40,111  

Seino Holdings Co. Ltd.(a)

     10,500        147,447  

Sotetsu Holdings, Inc.

     2,600        51,242  
     

 

 

 
Total Ground Transportation

 

     539,529  
Health Care Equipment & Supplies – 1.6%

 

Eiken Chemical Co. Ltd.

     4,500        41,193  

Hogy Medical Co. Ltd.(a)

     2,300        49,244  

Japan Lifeline Co. Ltd.

     6,900        53,822  

Jeol Ltd.

     1,500        44,812  

Mani, Inc.

     3,400        41,331  

Menicon Co. Ltd.(a)

     1,400        18,051  

Mizuho Medy Co. Ltd.(a)

     2,000        39,658  

Nagaileben Co. Ltd.

     2,600        37,112  

Nakanishi, Inc.

     4,600        107,737  

Nihon Kohden Corp.

     3,400        84,120  

Nipro Corp.(a)

     9,223        74,723  

Paramount Bed Holdings Co. Ltd.

     4,406        69,533  

PHC Holdings Corp.(a)

     14,700        150,325  

Shofu, Inc.

     1,100        15,863  
     

 

 

 
Total Health Care Equipment & Supplies

 

     827,524  
Health Care Providers & Services – 0.9%

 

As One Corp.(a)

     1,600        58,542  

BML, Inc.

     3,200        59,958  

France Bed Holdings Co. Ltd.

     4,800        39,018  

H.U. Group Holdings, Inc.(a)

     8,700        148,085  

Ship Healthcare Holdings, Inc.

     3,218        48,920  

Solasto Corp.

     5,500        22,851  

Toho Holdings Co. Ltd.

     2,800        60,156  

Tokai Corp.

     1,800        22,918  

Vital KSK Holdings, Inc.(a)

     4,900        32,902  
     

 

 

 
Total Health Care Providers & Services

 

     493,350  
Health Care Technology – 0.0%

 

EM Systems Co. Ltd.

     3,400      $ 16,769  
Hotels, Restaurants & Leisure – 1.6%

 

Create Restaurants Holdings, Inc.

     5,200        39,795  

Doutor Nichires Holdings Co. Ltd.

     2,800        43,719  

Food & Life Cos. Ltd.

     2,500        42,118  

Heiwa Corp.(a)

     7,500        107,807  

Hiday Hidaka Corp.

     1,922        34,930  

Ichibanya Co. Ltd.(a)

     2,000        73,044  

KFC Holdings Japan Ltd.

     1,300        26,083  

KOMEDA Holdings Co. Ltd.

     3,500        68,018  

Kyoritsu Maintenance Co. Ltd.(a)

     600        25,017  

MOS Food Services, Inc.(a)

     1,100        24,252  

Ohsho Food Service Corp.(a)

     1,600        74,089  

Resorttrust, Inc.

     5,900        88,307  

Round One Corp.(a)

     12,500        46,909  

Saizeriya Co. Ltd.(a)

     900        29,251  

St. Marc Holdings Co. Ltd.

     2,800        35,520  

Tokyotokeiba Co. Ltd.(a)

     1,700        45,797  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     804,656  
Household Durables – 1.9%

 

Casio Computer Co. Ltd.(a)

     20,100        168,841  

Cleanup Corp.

     5,500        26,463  

ES-Con Japan Ltd.

     10,700        66,900  

Fuji Corp. Ltd.

     5,000        24,594  

Hoosiers Holdings Co. Ltd.

     5,900        43,017  

JVCKenwood Corp.(a)

     10,900        49,889  

Ki-Star Real Estate Co. Ltd.(a)

     2,300        71,208  

Pressance Corp.(a)

     3,817        46,861  

Sangetsu Corp.

     9,100        177,640  

Tama Home Co. Ltd.

     3,700        88,269  

Tamron Co. Ltd.

     2,400        73,500  

Toa Corp.(a)

     4,300        33,599  

Token Corp.

     1,000        53,476  

Zojirushi Corp.(a)

     4,200        50,183  
     

 

 

 
Total Household Durables

 

     974,440  
Household Products – 0.4%

 

Earth Corp.(a)

     1,200        39,564  

Pigeon Corp.

     10,700        121,072  

ST Corp.

     2,700        26,996  
     

 

 

 
Total Household Products

 

     187,632  
Independent Power & Renewable Electricity Producers – 0.1%

 

eRex Co. Ltd.(a)

     1,300        6,682  

West Holdings Corp.

     1,500        32,317  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     38,999  
Industrial Conglomerates – 0.5%

 

Mie Kotsu Group Holdings, Inc.(a)

     6,200        23,682  

Nisshinbo Holdings, Inc.

     15,700        116,994  

Noritsu Koki Co. Ltd.

     1,500        33,423  

TOKAI Holdings Corp.(a)

     14,300        88,737  
     

 

 

 
Total Industrial Conglomerates

 

     262,836  

 

See Notes to Financial Statements.

 

38   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Interactive Media & Services – 0.1%

 

Infocom Corp.

     3,000      $ 55,326  
IT Services – 1.9%

 

Comture Corp.

     1,500        23,290  

Digital Garage, Inc.

     1,100        25,358  

DTS Corp.

     4,400        94,059  

Future Corp.

     6,400        64,590  

I-Net Corp.

     2,800        32,161  

Ines Corp.

     2,800        30,847  

Information Services International-Dentsu Ltd.

     3,900        149,492  

JBCC Holdings, Inc.

     2,200        41,988  

Mitsubishi Research Institute, Inc.(a)

     1,000        32,434  

NEC Networks & System Integration Corp.

     9,900        130,297  

NET One Systems Co. Ltd.

     4,700        89,386  

NSD Co. Ltd.

     7,700        146,338  

SB Technology Corp.

     1,500        22,687  

Simplex Holdings, Inc.

     1,700        30,850  

TDC Soft, Inc.

     2,100        23,811  

Uchida Yoko Co. Ltd.

     800        36,348  
     

 

 

 
Total IT Services

 

     973,936  
Leisure Products – 1.0%

 

Furyu Corp.

     2,100        21,742  

GLOBERIDE, Inc.(a)

     1,600        21,659  

Mizuno Corp.(a)

     2,500        79,410  

Roland Corp.

     2,200        60,446  

Sankyo Co. Ltd.

     5,100        234,246  

Tomy Co. Ltd.

     7,100        102,866  

Yonex Co. Ltd.(a)

     1,800        19,276  
     

 

 

 
Total Leisure Products

 

     539,645  
Life Sciences Tools & Services – 0.1%

 

Shin Nippon Biomedical Laboratories Ltd.(a)

     2,300        28,853  
Machinery – 5.8%

 

Aichi Corp.(a)

     5,500        36,894  

Aida Engineering Ltd.

     4,400        29,574  

Anest Iwata Corp.

     5,100        40,875  

Asahi Diamond Industrial Co. Ltd.(a)

     5,800        34,437  

Bando Chemical Industries Ltd.

     6,400        70,380  

CKD Corp.

     6,200        85,630  

DMG Mori Co. Ltd.

     10,600        180,639  

Fujitec Co. Ltd.(a)

     4,500        104,038  

Furukawa Co. Ltd.

     3,600        40,529  

Giken Ltd.

     1,400        18,857  

Glory Ltd.

     4,000        79,933  

Hitachi Zosen Corp.

     5,435        30,558  

Hokuetsu Industries Co. Ltd.(a)

     2,800        39,028  

Hosokawa Micron Corp.

     1,100        30,223  

Japan Steel Works Ltd.

     3,103        57,745  

Kitz Corp.

     10,400        72,133  

Kyokuto Kaihatsu Kogyo Co. Ltd.(a)

     3,800        44,818  

Makino Milling Machine Co. Ltd.(a)

     1,500        65,639  

Max Co. Ltd.

     4,500        82,717  

Meidensha Corp.

     2,500        37,645  

METAWATER Co. Ltd.

     3,200      39,993  

Mitsuboshi Belting Ltd.(a)

     7,000        215,312  

Morita Holdings Corp.

     3,000        32,025  

Nachi-Fujikoshi Corp.(a)

     2,100        56,572  

Nikkiso Co. Ltd.

     3,400        23,103  

Nikko Co. Ltd.

     6,300        27,780  

Nippon Thompson Co. Ltd.(a)

     6,900        25,616  

Nissei ASB Machine Co. Ltd.

     900        27,442  

Nitta Corp.

     3,400        75,644  

Nitto Kohki Co. Ltd.

     2,000        26,323  

Noritake Co. Ltd.

     1,800        75,028  

NTN Corp.(a)

     10,600        20,223  

Obara Group, Inc.

     1,500        38,800  

Oiles Corp.(a)

     3,700        49,788  

OKUMA Corp.(a)

     1,700        74,904  

Organo Corp.(a)

     2,500        70,364  

OSG Corp.

     7,200        85,015  

Ryobi Ltd.(a)

     2,100        42,781  

Shibaura Machine Co. Ltd.(a)

     1,600        44,175  

Shibuya Corp.

     1,700        28,606  

Shinmaywa Industries Ltd.

     6,100        52,119  

Shinwa Co. Ltd.

     1,800        28,624  

Sodick Co. Ltd.

     6,200        30,413  

Star Micronics Co. Ltd.

     4,600        57,891  

Takeuchi Manufacturing Co. Ltd.

     3,400        111,644  

Takuma Co. Ltd.

     5,200        53,943  

Teikoku Electric Manufacturing Co. Ltd.

     2,000        33,882  

Tocalo Co. Ltd.

     8,400        76,668  

Torishima Pump Manufacturing Co. Ltd.

     3,500        44,610  

Tsubakimoto Chain Co.

     4,700        122,047  

Tsugami Corp.

     4,200        32,649  

Union Tool Co.(a)

     1,500        39,002  

YAMABIKO Corp.

     5,600        54,039  
     

 

 

 
Total Machinery

 

     2,999,317  
Marine Transportation – 0.5%

 

Iino Kaiun Kaisha Ltd.(a)

     19,100        134,267  

NS United Kaiun Kaisha Ltd.(a)

     4,300        113,533  
     

 

 

 
Total Marine Transportation

 

     247,800  
Media – 0.8%

 

Carta Holdings, Inc.

     2,200        18,812  

Digital Holdings, Inc.

     4,900        32,705  

FAN Communications, Inc.

     8,000        21,337  

Gakken Holdings Co. Ltd.

     2,800        16,343  

Intage Holdings, Inc.(a)

     3,300        49,447  

Macromill, Inc.

     3,200        15,719  

Proto Corp.

     3,400        27,615  

SKY Perfect JSAT Holdings, Inc.

     35,200        164,884  

ValueCommerce Co. Ltd.(a)

     2,200        18,782  

Wowow, Inc.

     3,000        22,838  

Zenrin Co. Ltd.(a)

     4,600        28,144  
     

 

 

 
Total Media

 

     416,626  

 

See Notes to Financial Statements.

 

WisdomTree Trust      39  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Metals & Mining – 5.4%

 

ARE Holdings, Inc.(a)

     8,300      $ 105,512  

Daido Steel Co. Ltd.(a)

     5,000        203,753  

Daiki Aluminium Industry Co. Ltd.(a)

     5,100        44,635  

Dowa Holdings Co. Ltd.

     4,300        134,021  

Hakudo Co. Ltd.(a)

     1,800        27,381  

Kobe Steel Ltd.(a)

     68,400        893,360  

Kyoei Steel Ltd.(a)

     3,100        41,340  

Maruichi Steel Tube Ltd.

     9,000        224,359  

Mitsubishi Materials Corp.

     8,900        144,273  

Mitsui Mining & Smelting Co. Ltd.(a)

     7,100        180,563  

Nakayama Steel Works Ltd.(a)

     6,200        37,601  

Neturen Co. Ltd.(a)

     7,000        46,956  

Nippon Denko Co. Ltd.(a)

     23,700        48,281  

Nippon Light Metal Holdings Co. Ltd.

     8,300        93,610  

Nippon Yakin Kogyo Co. Ltd.(a)

     1,900        59,142  

Nittetsu Mining Co. Ltd.(a)

     2,000        67,147  

Sanyo Special Steel Co. Ltd.

     6,200        122,400  

Toho Titanium Co. Ltd.(a)

     2,400        28,837  

Toho Zinc Co. Ltd.

     1,400        15,349  

Tokyo Steel Manufacturing Co. Ltd.(a)

     12,900        145,663  

Topy Industries Ltd.(a)

     2,500        42,637  

UACJ Corp.

     4,500        94,689  
     

 

 

 
Total Metals & Mining

 

     2,801,509  
Oil, Gas & Consumable Fuels – 1.3%

 

Cosmo Energy Holdings Co. Ltd.

     13,300        468,809  

Fuji Oil Co. Ltd.(a)

     10,900        25,054  

Itochu Enex Co. Ltd.

     10,400        104,888  

Sala Corp.

     7,200        36,718  

San-Ai Obbli Co. Ltd.

     5,700        60,619  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     696,088  
Paper & Forest Products – 0.5%

 

Daiken Corp.

     3,600        72,253  

Daio Paper Corp.(a)

     8,200        67,260  

Hokuetsu Corp.(a)

     8,700        63,257  

Tokushu Tokai Paper Co. Ltd.

     1,600        36,669  
     

 

 

 
Total Paper & Forest Products

 

     239,439  
Personal Care Products – 0.4%

 

Mandom Corp.

     2,800        25,894  

Milbon Co. Ltd.

     1,000        27,884  

Noevir Holdings Co. Ltd.

     4,500        159,524  
     

 

 

 
Total Personal Care Products

 

     213,302  
Pharmaceuticals – 1.7%

 

Fuji Pharma Co. Ltd.

     3,300        25,785  

Hisamitsu Pharmaceutical Co., Inc.

     4,700        171,559  

JCR Pharmaceuticals Co. Ltd.(a)

     3,400        34,074  

Kaken Pharmaceutical Co. Ltd.

     4,100        96,163  

Kyorin Pharmaceutical Co. Ltd.

     6,500        79,755  

Mochida Pharmaceutical Co. Ltd.

     3,700        82,691  

Sawai Group Holdings Co. Ltd.

     3,100        95,103  

Seikagaku Corp.

     5,300        28,698  

Torii Pharmaceutical Co. Ltd.

     1,100        28,527  

Towa Pharmaceutical Co. Ltd.

     3,300      62,827  

Tsumura & Co.

     5,500        102,463  

ZERIA Pharmaceutical Co. Ltd.

     3,300        49,072  
     

 

 

 
Total Pharmaceuticals

 

     856,717  
Professional Services – 2.4%

 

Altech Corp.

     2,550        43,319  

Bell System24 Holdings, Inc.

     11,000        116,468  

Dip Corp.

     2,100        51,787  

en Japan, Inc.

     2,700        42,122  

Forum Engineering, Inc.

     3,900        34,368  

FULLCAST Holdings Co. Ltd.

     2,400        30,268  

Funai Soken Holdings, Inc.

     3,440        60,167  

IR Japan Holdings Ltd.

     2,000        23,361  

JAC Recruitment Co. Ltd.

     3,800        64,732  

LIKE, Inc.

     2,000        20,519  

Meitec Corp.

     8,300        150,398  

Nomura Co. Ltd.

     5,900        37,719  

Open Up Group, Inc.

     5,000        61,484  

Pasona Group, Inc.

     1,600        17,520  

Quick Co. Ltd.

     1,700        23,958  

Space Co. Ltd.

     3,200        19,879  

Tanseisha Co. Ltd.

     4,000        25,063  

TechnoPro Holdings, Inc.

     4,500        98,097  

TKC Corp.

     2,800        68,299  

Transcosmos, Inc.(a)

     7,500        160,580  

Weathernews, Inc.

     600        25,411  

Will Group, Inc.

     3,300        23,972  

World Holdings Co. Ltd.(a)

     1,400        22,779  

YAMADA Consulting Group Co. Ltd.

     2,400        25,990  
     

 

 

 
Total Professional Services

 

     1,248,260  
Real Estate Management & Development – 1.8%

 

Arealink Co. Ltd.

     1,600        31,566  

Dear Life Co. Ltd.(a)

     9,000        48,249  

Goldcrest Co. Ltd.(a)

     4,700        69,827  

Good Com Asset Co. Ltd.

     3,900        27,337  

Grandy House Corp.

     8,100        34,685  

Heiwa Real Estate Co. Ltd.

     3,500        93,349  

Ichigo, Inc.

     24,900        54,397  

Japan Property Management Center Co. Ltd.

     4,300        32,879  

JINUSHI Co. Ltd.

     2,100        26,991  

Katitas Co. Ltd.(a)

     2,500        36,489  

Keihanshin Building Co. Ltd.

     3,400        31,283  

Loadstar Capital KK

     2,000        24,875  

Mirarth Holdings, Inc.

     20,000        63,528  

Nisshin Group Holdings Co. Ltd.

     8,600        31,121  

SAMTY Co. Ltd.

     4,400        69,940  

Star Mica Holdings Co. Ltd.

     4,400        18,546  

Starts Corp., Inc.(a)

     5,800        113,532  

Sun Frontier Fudousan Co. Ltd.

     7,000        70,645  

Tosei Corp.

     4,300        55,643  
     

 

 

 
Total Real Estate Management & Development

 

     934,882  

 

See Notes to Financial Statements.

 

40   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Semiconductors & Semiconductor Equipment – 1.9%

 

Ferrotec Holdings Corp.

     2,200      $ 42,165  

Furuya Metal Co. Ltd.

     500        34,612  

Japan Material Co. Ltd.

     2,200        33,820  

MegaChips Corp.

     800        22,409  

Micronics Japan Co. Ltd.(a)

     4,500        63,900  

Mimasu Semiconductor Industry Co. Ltd.

     1,700        31,682  

Mitsui High-Tec, Inc.(a)

     900        46,802  

Optorun Co. Ltd.

     2,100        25,880  

Rorze Corp.

     400        27,690  

Sanken Electric Co. Ltd.

     400        24,312  

Shibaura Mechatronics Corp.(a)

     1,200        56,693  

Shindengen Electric Manufacturing Co. Ltd.

     900        18,425  

Tokyo Seimitsu Co. Ltd.

     7,000        351,349  

Towa Corp.

     1,600        44,550  

Ulvac, Inc.

     2,400        86,768  

Yamaichi Electronics Co. Ltd.

     4,900        56,544  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     967,601  
Software – 0.7%

 

Computer Engineering & Consulting Ltd.

     3,300        35,316  

Cresco Ltd.

     2,300        27,281  

Cybernet Systems Co. Ltd.

     2,600        13,538  

Fuji Soft, Inc.

     3,200        103,790  

Justsystems Corp.

     900        18,087  

Miroku Jyoho Service Co. Ltd.

     3,400        37,526  

SRA Holdings

     1,700        39,702  

Systena Corp.

     18,400        33,169  

UNITED, Inc.

     4,600        29,408  

WingArc1st, Inc.

     2,400        41,028  
     

 

 

 
Total Software

 

     378,845  
Specialty Retail – 3.6%

 

Adastria Co. Ltd.

     3,222        62,205  

Alpen Co. Ltd.(a)

     2,300        29,809  

AOKI Holdings, Inc.

     3,600        24,390  

Aoyama Trading Co. Ltd.

     2,600        29,114  

ARCLANDS Corp.

     5,779        61,808  

Autobacs Seven Co. Ltd.(a)

     11,800        125,097  

Bic Camera, Inc.(a)

     5,900        43,610  

DCM Holdings Co. Ltd.(a)

     10,400        84,608  

EDION Corp.(a)

     13,900        137,673  

Honeys Holdings Co. Ltd.(a)

     3,600        37,803  

IDOM, Inc.(a)

     6,200        30,288  

Joshin Denki Co. Ltd.

     2,600        40,980  

Joyful Honda Co. Ltd.(a)

     6,000        70,685  

K’s Holdings Corp.(a)

     29,500        271,228  

Keiyo Co. Ltd.(a)

     4,100        22,557  

Kohnan Shoji Co. Ltd.

     2,100        54,884  

Kojima Co. Ltd.(a)

     4,600        19,667  

Komeri Co. Ltd.(a)

     3,200        67,549  

Nafco Co. Ltd.

     2,600        33,488  

Nextage Co. Ltd.(a)

     1,600        24,468  

Nishimatsuya Chain Co. Ltd.(a)

     3,100        33,820  

Nojima Corp.

     5,100        44,669  

PAL GROUP Holdings Co. Ltd.

     8,200        106,494  

Sanrio Co. Ltd.

     1,400        66,611  

Scroll Corp.(a)

     11,600        77,191  

T-Gaia Corp.

     5,600      66,235  

VT Holdings Co. Ltd.

     19,354        66,275  

World Co. Ltd.

     2,600        28,574  

Xebio Holdings Co. Ltd.

     5,200        34,847  

Yellow Hat Ltd.

     5,800        73,732  
     

 

 

 
Total Specialty Retail

 

     1,870,359  
Technology Hardware, Storage & Peripherals – 0.6%

 

Eizo Corp.

     1,600        54,361  

Elecom Co. Ltd.

     5,800        67,746  

MCJ Co. Ltd.

     8,000        60,151  

Riso Kagaku Corp.

     2,300        36,004  

Roland DG Corp.

     1,800        41,012  

Toshiba TEC Corp.

     1,400        32,039  

Wacom Co. Ltd.

     11,500        45,699  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     337,012  
Textiles, Apparel & Luxury Goods – 1.1%

 

Baroque Japan Ltd.(a)

     6,300        34,577  

Descente Ltd.(a)

     1,300        37,329  

Fujibo Holdings, Inc.

     1,400        33,728  

Gunze Ltd.

     1,600        48,356  

Japan Wool Textile Co. Ltd.

     6,200        55,924  

Kurabo Industries Ltd.

     3,300        53,959  

Morito Co. Ltd.

     3,800        34,479  

Onward Holdings Co. Ltd.(a)

     21,539        75,345  

Seiko Group Corp.(a)

     2,700        47,332  

Wacoal Holdings Corp.

     4,600        104,192  

Yondoshi Holdings, Inc.

     2,800        35,388  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     560,609  
Trading Companies & Distributors – 2.8%

 

Advan Group Co. Ltd.

     4,100        28,986  

Alconix Corp.(a)

     2,600        23,591  

Chori Co. Ltd.

     3,000        60,231  

Daiichi Jitsugyo Co. Ltd.

     2,300        28,699  

Hanwa Co. Ltd.

     2,400        76,314  

Inaba Denki Sangyo Co. Ltd.

     6,000        130,072  

Inabata & Co. Ltd.

     6,200        130,045  

JK Holdings Co. Ltd.

     3,300        21,407  

Kamei Corp.

     3,400        33,265  

Kanaden Corp.

     3,000        26,396  

Kanamoto Co. Ltd.

     3,000        52,793  

Kanematsu Corp.

     8,400        116,409  

KPP Group Holdings Co. Ltd.(a)

     4,300        19,768  

MARUKA FURUSATO Corp.

     1,500        26,989  

Mitsui Matsushima Holdings Co. Ltd.(a)

     2,000        36,924  

Nagase & Co. Ltd.

     6,400        100,809  

Nichiden Corp.

     2,200        36,724  

Nishio Holdings Co. Ltd.(a)

     2,800        66,236  

Onoken Co. Ltd.(a)

     3,800        43,825  

Seika Corp.

     1,700        25,462  

Shinsho Corp.

     1,900        73,721  

Totech Corp.

     2,100        73,319  

Trusco Nakayama Corp.

     2,200        36,120  

Wakita & Co. Ltd.(a)

     4,600        43,249  

Yamazen Corp.

     8,200        64,622  

Yuasa Trading Co. Ltd.

     2,500        69,275  
     

 

 

 
Total Trading Companies & Distributors

 

     1,445,251  

 

See Notes to Financial Statements.

 

WisdomTree Trust      41  


Schedule of Investments (unaudited) (concluded)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Transportation Infrastructure – 0.4%

 

Mitsubishi Logistics Corp.

     5,900      $ 157,043  

Nissin Corp.(a)

     2,200        39,437  
     

 

 

 
Total Transportation Infrastructure

 

     196,480  
Wireless Telecommunication Services – 0.2%

 

Okinawa Cellular Telephone Co.

     5,200        112,206  

TOTAL COMMON STOCKS

(Cost: $49,631,844)

 

 

     51,032,545  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 13.4%

 

United States – 13.4%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(b)

     
(Cost: $6,949,327)      6,949,327        6,949,327  

TOTAL INVESTMENTS IN SECURITIES – 112.1%

(Cost: $56,581,171)

      57,981,872  

Other Assets less Liabilities – (12.1)%

        (6,251,671
     

 

 

 
NET ASSETS – 100.0%             $ 51,730,201  
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $14,063,986 and the total market value of the collateral held by the Fund was $14,824,880. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $7,875,553.

 

(b)

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

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
 

Barclays Bank PLC

    10/4/2023       25,263,430       USD       3,660,999,431       JPY     $ 726,105     $  

Citibank NA

    10/4/2023       1,884,677,141       JPY       12,631,715       USD       64        

Citibank NA

    10/4/2023       12,631,715       USD       1,830,493,399       JPY       363,095        

Citibank NA

    11/6/2023       13,093,728       USD       1,943,340,994       JPY             (97

Goldman Sachs

    10/4/2023       1,884,669,562       JPY       12,631,715       USD       13        

Goldman Sachs

    11/6/2023       13,093,729       USD       1,943,347,689       JPY             (141

HSBC Holdings PLC

    10/4/2023       1,884,680,930       JPY       12,631,715       USD       89        

HSBC Holdings PLC

    10/4/2023       12,631,715       USD       1,830,493,399       JPY       363,095        

HSBC Holdings PLC

    11/6/2023       13,093,729       USD       1,943,348,998       JPY             (150

JP Morgan Chase Bank NA

    10/4/2023       1,884,683,457       JPY       12,631,715       USD       106        

JP Morgan Chase Bank NA

    11/6/2023       13,093,729       USD       1,943,356,855       JPY             (203
                                            $ 1,452,567     $ (591

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

       

Automobile Components

  $ 2,714,642     $ 57,336     $     $ 2,771,978  

Other

    48,260,567                   48,260,567  

Investment of Cash Collateral for Securities Loaned

          6,949,327             6,949,327  

Total Investments in Securities

  $ 50,975,209     $ 7,006,663     $     $ 57,981,872  

Financial Derivative Instruments

       

Foreign Currency Contracts1

  $     $ 1,452,567     $     $ 1,452,567  

Liabilities:

       

Financial Derivative Instruments

       

Foreign Currency Contracts1

  $     $ (591   $     $ (591

Total – Net

  $ 50,975,209     $ 8,458,639     $     $ 59,433,848  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

42   WisdomTree Trust


Statements of Assets and Liabilities (unaudited)

WisdomTree Trust

September 30, 2023

 

 

 

     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

  $ 1,294,953,190     $ 61,455,934     $ 18,432,897     $ 1,561,113,976     $ 3,066,592,596     $ 56,581,171  

Investment in affiliates, at cost (Note 3)

                      868,179              

Foreign currency, at cost

    347,088       21,589       19,049       1,685,307       54,212       81,899  

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

    1,426,835,599       59,110,649       18,975,525       1,743,830,831       3,219,248,657       57,981,872  

Investment in affiliates, at value (Note 3)

                      967,708              

Cash

    1,709       68       7,063       259,751       5,029,858       6,443  

Foreign currency, at value

    349,598       21,711       18,835       1,683,627       53,906       80,877  

Unrealized appreciation on foreign currency contracts

    36,614,887       1,519,920       509,403       45,813,340       83,189,400       1,452,567  

Receivables:

 

Investment securities sold

          95,978                          

Capital shares sold

          43,500             329       35,333,629        

Dividends

    397,799       73,251             3,487,766       31,349,850       534,145  

Securities lending income

    189,228       4,253       2,423       9,751       50,533       3,050  

Interest

                                  8  

Foreign tax reclaims

    7,162,535       116,506       342,298       4,912,680       2,682,436       5,204  

Other (Note 6)

    512,445       36,038             156,450              

Total Assets

    1,472,063,800       61,021,874       19,855,547       1,801,122,233       3,376,938,269       60,064,166  

LIABILITIES:

 

Unrealized depreciation on foreign currency contracts

    120,331       655       228       720,511       41,153       591  

Payables:

 

Cash collateral received for securities loaned (Note 2)

    58,888,051       1,664,262       54,130       53,337,819       107,831,573       6,949,327  

Investment securities purchased

    36,094,217       1,526,622       518,097       41,876,015       109,930,411       1,359,077  

Advisory fees (Note 3)

    659,529       27,843       7,706       816,201       1,193,655       24,782  

Service fees (Note 2)

    5,003       211       71       6,194       10,942       188  

Other (Note 6)

    4,430,390       10,811             46,935              

Total Liabilities

    100,197,521       3,230,404       580,232       96,803,675       219,007,734       8,333,965  

NET ASSETS

  $ 1,371,866,279     $ 57,791,470     $ 19,275,315     $ 1,704,318,558     $ 3,157,930,535     $ 51,730,201  

NET ASSETS:

 

Paid-in capital

  $ 3,259,708,404     $ 80,891,787     $ 51,336,529     $ 1,739,883,745     $ 4,339,301,227     $ 68,354,686  

Total distributable earnings (loss)

    (1,887,842,125     (23,100,317     (32,061,214     (35,565,187     (1,181,370,692     (16,624,485

NET ASSETS

  $ 1,371,866,279     $ 57,791,470     $ 19,275,315     $ 1,704,318,558     $ 3,157,930,535     $ 51,730,201  

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

    34,700,000       1,750,000       550,000       43,950,000       35,750,000       1,800,000  

Net asset value per share

  $ 39.54     $ 33.02     $ 35.05     $ 38.78     $ 88.33     $ 28.74  

1 Includes market value of securities out on loan of:

  $ 68,385,583     $ 3,458,188     $ 51,534     $ 73,748,003     $ 227,850,977     $ 14,063,986  

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      43  


Statements of Operations (unaudited)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

      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

   $ 50,118,032      $ 2,037,774      $ 964,941      $ 22,251,636      $ 42,141,650      $ 691,002  

Dividends from affiliates (Note 3)

                          10,275                

Non-cash dividends

     243,159        20,270                              

Securities lending income, net (Note 2)

     2,124,772        29,067        24,099        147,549        232,669        7,859  

Less: Foreign withholding taxes on dividends

     (5,875,576      (273,388      (135,601      (2,153,498      (4,219,098      (69,866

Total investment income

     46,610,387        1,813,723        853,439        20,255,962        38,155,221        628,995  

EXPENSES:

 

Advisory fees (Note 3)

     4,081,113        158,384        50,878        4,642,529        5,552,519        106,570  

Service fees (Note 2)

     30,960        1,202        466        35,219        50,898        808  

Total expenses

     4,112,073        159,586        51,344        4,677,748        5,603,417        107,378  

Expense waivers (Note 3)

                          (1,684              

Net expenses

     4,112,073        159,586        51,344        4,676,064        5,603,417        107,378  

Net investment income

     42,498,314        1,654,137        802,095        15,579,898        32,551,804        521,617  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

     (3,092,759      (801,295      (385,681      (6,822,654      (17,533,975      (470,917

In-kind redemptions

     2,223,793               975,554               24,855,010         

Foreign currency contracts

     (18,181,863      (815,338      (290,344      (2,540,763      191,656,664        3,235,221  

Foreign currency related transactions

     112,124        4,007        (1,945      4,477        (1,789,674      (31,014

Net realized gain (loss)

     (18,938,705      (1,612,626      297,584        (9,358,940      197,188,025        2,733,290  

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions

     (97,348,866      (2,421,613      (2,061,965      (79,078,144      159,735,519        1,683,579  

Investment transactions in affiliates (Note 3)

                          (55,911              

Foreign currency contracts

     67,320,903        2,745,342        989,608        68,746,973        112,220,426        1,908,916  

Translation of assets and liabilities denominated in foreign currencies

     (157,368      (4,798      (10,248      (115,853      (236,555      (1,213

Net increase (decrease) in unrealized appreciation/depreciation

     (30,185,331      318,931        (1,082,605      (10,502,935      271,719,390        3,591,282  

Net realized and unrealized gain (loss) on investments

     (49,124,036      (1,293,695      (785,021      (19,861,875      468,907,415        6,324,572  

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ (6,625,722    $ 360,442      $ 17,074      $ (4,281,977    $ 501,459,219      $ 6,846,189  

 

See Notes to Financial Statements.

 

44   WisdomTree Trust


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, 2023
(unaudited)

    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 42,498,314     $ 41,397,465     $ 1,654,137     $ 2,357,253     $ 802,095     $ 852,845  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

    (18,938,705     61,473,088       (1,612,626     (4,807,804     297,584       (55,740

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (30,185,331     31,948,323       318,931       (154,286     (1,082,605     1,613,082  

Net increase (decrease) in net assets resulting from operations

    (6,625,722     134,818,876       360,442       (2,604,837     17,074       2,410,187  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (44,382,000     (40,224,525     (1,724,250     (2,393,909     (810,000     (889,504

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    28,245,179       23,922,673       10,188,628       19,411,083       1,864,725        

Cost of shares redeemed

    (7,966,836     (581,668,771           (26,217,220     (3,638,932     (5,033,589

Net increase (decrease) in net assets resulting from capital share transactions

    20,278,343       (557,746,098     10,188,628       (6,806,137     (1,774,207     (5,033,589

Net Increase (Decrease) in Net Assets

    (30,729,379     (463,151,747     8,824,820       (11,804,883     (2,567,133     (3,512,906

NET ASSETS:

 

Beginning of period

  $ 1,402,595,658     $ 1,865,747,405     $ 48,966,650     $ 60,771,533     $ 21,842,448     $ 25,355,354  

End of period

  $ 1,371,866,279     $ 1,402,595,658     $ 57,791,470     $ 48,966,650     $ 19,275,315     $ 21,842,448  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    34,200,000 1      50,400,000 1      1,450,000       1,750,000       600,000       750,000  

Shares created

    700,000 1      600,000 1      300,000       550,000       50,000        

Shares redeemed

    (200,000 )1      (16,800,000 )1            (850,000     (100,000     (150,000

Shares outstanding, end of period

    34,700,000 1      34,200,000 1      1,750,000       1,450,000       550,000       600,000  

1 Shares were adjusted to reflect a 2:1 share split effective August 10, 2023.

  

 

See Notes to Financial Statements.

 

WisdomTree Trust      45  


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, 2023
(unaudited)

   

For the

Year Ended
March 31, 2023

   

For the

Six Months Ended
September 30, 2023
(unaudited)

   

For the

Year Ended
March 31, 2023

   

For the

Six Months Ended
September 30, 2023
(unaudited)

   

For the

Year Ended
March 31, 2023

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 15,579,898     $ 40,343,152     $ 32,551,804     $ 54,558,772     $ 521,617     $ 592,040  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

    (9,358,940     (122,646,277     197,188,025       195,447,523       2,733,290       395,893  

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (10,502,935     132,616,560       271,719,390       (29,443,068     3,591,282       2,766,223  

Net increase (decrease) in net assets resulting from operations

    (4,281,977     50,313,435       501,459,219       220,563,227       6,846,189       3,754,156  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (17,592,000     (152,589,770     (24,144,117     (70,598,895     (267,024     (888,720

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    329,606,886       351,881,143       1,259,238,289       425,626,096       21,026,255        

Cost of shares redeemed

          (30,111,720     (108,804,769     (965,252,969           (4,344,141

Net increase (decrease) in net assets resulting from capital share transactions

    329,606,886       321,769,423       1,150,433,520       (539,626,873     21,026,255       (4,344,141

Net Increase (Decrease) in Net Assets

    307,732,909       219,493,088       1,627,748,622       (389,662,541     27,605,420       (1,478,705

NET ASSETS:

 

Beginning of period

  $ 1,396,585,649     $ 1,177,092,561     $ 1,530,181,913     $ 1,919,844,454     $ 24,124,781     $ 25,603,486  

End of period

  $ 1,704,318,558     $ 1,396,585,649     $ 3,157,930,535     $ 1,530,181,913     $ 51,730,201     $ 24,124,781  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    35,650,000       27,350,000       21,700,000       29,700,000       1,000,000 1      1,200,000 1 

Shares created

    8,300,000       9,100,000       15,350,000       6,650,000       800,000 1      1 

Shares redeemed

          (800,000     (1,300,000     (14,650,000     1      (200,000 )1 

Shares outstanding, end of period

    43,950,000       35,650,000       35,750,000       21,700,000       1,800,000 1      1,000,000 1 

1 Shares were adjusted to reflect a 2:1 share split effective August 10, 2023.

  

 

See Notes to Financial Statements.

 

46   WisdomTree Trust


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, 2023
(unaudited)1
    For the
Year Ended
March 31, 20231
    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
 

Net asset value, beginning of period

  $ 41.01     $ 37.02     $ 36.36     $ 25.92     $ 31.95     $ 31.34  

Investment operations:

 

Net investment income2

    1.23       1.06       0.69       0.88       0.76       0.89  

Net realized and unrealized gain (loss)

    (1.42     3.88       0.81       10.43       (6.10     0.45  

Total from investment operations

    (0.19     4.94       1.50       11.31       (5.34     1.34  

Dividends and distributions to shareholders:

 

Net investment income

    (1.28     (0.95     (0.84     (0.87     (0.69     (0.65

Tax return of capital

                                  (0.08

Total dividends and distributions to shareholders

    (1.28     (0.95     (0.84     (0.87     (0.69     (0.73

Net asset value, end of period

  $ 39.54     $ 41.01     $ 37.02     $ 36.36     $ 25.92     $ 31.95  

TOTAL RETURN3

    (0.44 )%      13.94     4.04     44.22     (17.15 )%      4.33

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 1,371,866     $ 1,402,596     $ 1,865,747     $ 1,937,668     $ 2,200,271     $ 3,744,358  

Ratios to average net assets of:

 

Expenses

    0.58 %4      0.79 %5      0.59 %5      0.58     0.58     0.58

Net investment income

    6.04 %4      2.95     1.79     2.81     2.29     2.86

Portfolio turnover rate6

    8     38     34     55     26     18

 

             

WisdomTree Europe Hedged

SmallCap Equity Fund

  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 33.77     $ 34.73     $ 33.96     $ 23.43     $ 30.17     $ 30.62  

Investment operations:

 

Net investment income2

    1.03       1.73       0.75       1.02       1.22       1.06  

Net realized and unrealized gain (loss)

    (0.74     (1.06     0.91 7      10.56       (6.92     (0.89

Total from investment operations

    0.29       0.67       1.66       11.58       (5.70     0.17  

Dividends to shareholders:

 

Net investment income

    (1.04     (1.63     (0.89     (1.05     (1.04     (0.62

Net asset value, end of period

  $ 33.02     $ 33.77     $ 34.73     $ 33.96     $ 23.43     $ 30.17  

TOTAL RETURN3

    0.88     2.53     4.86     50.50     (19.62 )%      0.54

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 57,791     $ 48,967     $ 60,772     $ 37,353     $ 49,197     $ 120,671  

Ratios to average net assets of:

 

Expenses

    0.58 %4      0.59 %5      0.63 %5      0.58     0.58     0.58

Net investment income

    6.06 %4      5.34     2.08     3.59     3.99     3.55

Portfolio turnover rate6

    8     44     57     77     49     37
1

Per share amounts were adjusted to reflect a 2:1 share split effective August 10, 2023.

 

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.

 

4

Annualized.

 

5

Included in the expense ratio are “Other fees” described in Note 6. 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 amount of net realized and unrealized loss per share does not correspond with the amounts 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.

 

WisdomTree Trust      47  


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 36.40     $ 33.81     $ 34.95     $ 22.79     $ 28.63     $ 30.95  

Investment operations:

 

Net investment income1

    1.38       1.19       1.03       0.98       0.88       1.10  

Net realized and unrealized gain (loss)

    (1.38     2.62       (0.79     12.16       (5.87     (2.64

Total from investment operations

    0.00 2      3.81       0.24       13.14       (4.99     (1.54

Dividends and distributions to shareholders:

 

Net investment income

    (1.35     (1.22     (1.38     (0.98     (0.85     (0.59

Tax return of capital

                                  (0.19

Total dividends and distributions to shareholders

    (1.35     (1.22     (1.38     (0.98     (0.85     (0.78

Net asset value, end of period

  $ 35.05     $ 36.40     $ 33.81     $ 34.95     $ 22.79     $ 28.63  

TOTAL RETURN3

    (0.05 )%      11.92     0.50     58.59     (18.06 )%      (5.07 )% 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 19,275     $ 21,842     $ 25,355     $ 31,459     $ 29,622     $ 51,541  

Ratios to average net assets of:

 

Expenses

    0.48 %4      0.48     0.48     0.48     0.48     0.48

Net investment income

    7.57 %4      3.67     2.90     3.38     2.95     3.66

Portfolio turnover rate5

    11     36     24     46     41     16

 

             
WisdomTree International Hedged Quality
Dividend Growth Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 39.17     $ 43.04     $ 41.17     $ 30.61     $ 32.14     $ 30.78  

Investment operations:

 

Net investment income1

    0.39       1.29       1.25       0.88       0.78       0.64  

Net realized and unrealized gain (loss)

    (0.35     (0.45 )6      2.03       10.54       (1.59     0.83  

Net increase from payment by affiliate

                0.00 2      0.08              

Total from investment operations

    0.04 7      0.84       3.28       11.50       (0.81     1.47  

Dividends and distributions to shareholders:

 

Net investment income

    (0.43     (1.33     (1.41     (0.94     (0.72     (0.11

Capital gains

          (3.38                        

Total dividends and distributions to shareholders

    (0.43     (4.71     (1.41     (0.94     (0.72     (0.11

Net asset value, end of period

  $ 38.78     $ 39.17     $ 43.04     $ 41.17     $ 30.61     $ 32.14  

TOTAL RETURN3

    0.09     3.00     7.93 %8      37.85 %9      (2.70 )%      4.78

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 1,704,319     $ 1,396,586     $ 1,177,093     $ 899,491     $ 592,346     $ 438,708  

Ratios to average net assets of:

 

Expenses

    0.58 %4,10,11      0.59 %10,11,12      0.58 %10,11      0.58 %10,11      0.58 %10,11      0.58

Net investment income

    1.95 %4,10      3.35 %10      2.85 %10      2.37 %10      2.32 %10      2.07

Portfolio turnover rate5

    4     86     61     67     61     56
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. 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).

 

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 amount of net realized and unrealized loss per share does not correspond with the amounts 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.

 

7 

The total from investment operations 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 period.

 

8 

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.

 

9 

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.

 

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 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.58%.

 

See Notes to Financial Statements.

 

48   WisdomTree Trust


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 70.52     $ 64.64     $ 61.01     $ 42.64     $ 50.42     $ 55.76  

Investment operations:

 

Net investment income1

    1.14       1.91       1.52       1.02       1.05       1.06  

Net realized and unrealized gain (loss)

    17.46       6.54 2      3.76       18.73       (7.52     (5.03

Net increase from payment by affiliate

                      0.00 3             

Total from investment operations

    18.60       8.45       5.28       19.75       (6.47     (3.97

Dividends to shareholders:

 

Net investment income

    (0.79     (2.57     (1.65     (1.38     (1.31     (1.37

Net asset value, end of period

  $ 88.33     $ 70.52     $ 64.64     $ 61.01     $ 42.64     $ 50.42  

TOTAL RETURN4

    26.47     13.48     8.79     46.97 %5      (13.26 )%      (7.20 )% 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 3,157,931     $ 1,530,182     $ 1,919,844     $ 1,674,759     $ 1,709,801     $ 3,254,417  

Ratios to average net assets of:

 

Expenses

    0.48 %6      0.48     0.48     0.48     0.48     0.48

Net investment income

    2.81 %6      2.93     2.45     2.03     2.08     1.96

Portfolio turnover rate7

    4     37     22     25     20     23

 

             
WisdomTree Japan Hedged SmallCap
Equity Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)8
    For the
Year Ended
March 31, 20238
    For the
Year Ended
March 31, 20228
    For the
Year Ended
March 31, 20218
    For the
Year Ended
March 31, 20208
    For the
Year Ended
March 31, 20198
 

Net asset value, beginning of period

  $ 24.12     $ 21.33     $ 22.38     $ 16.94     $ 19.79     $ 22.07  

Investment operations:

 

Net investment income1

    0.38       0.56       0.49       0.32       0.37       0.26  

Net realized and unrealized gain (loss)

    4.46       3.06       (0.90     5.73       (2.76     (2.16

Total from investment operations

    4.84       3.62       (0.41     6.05       (2.39     (1.90

Dividends to shareholders:

 

Net investment income

    (0.22     (0.83     (0.64     (0.61     (0.46     (0.38

Net asset value, end of period

  $ 28.74     $ 24.12     $ 21.33     $ 22.38     $ 16.94     $ 19.79  

TOTAL RETURN4

    20.15     17.36     (1.80 )%      36.31     (12.41 )%      (8.77 )% 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 51,730     $ 24,125     $ 25,603     $ 31,332     $ 44,049     $ 83,097  

Ratios to average net assets of:

 

Expenses

    0.58 %6      0.58     0.58     0.58     0.58     0.58

Net investment income

    2.84 %6      2.52     2.26     1.67     1.90     1.20

Portfolio turnover rate7

    5     46     41     41     36     38
1

Based on average shares outstanding.

 

2

The amount of net realized and unrealized gain per share does not correspond with the amounts 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

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.

 

5

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.

 

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 2:1 share split effective August 10, 2023.

 

See Notes to Financial Statements.

 

WisdomTree Trust      49  


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”) or an Index developed by a third party. 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 on the measurement date using an interpolated foreign exchange rate between the closest preceding and subsequent settlement period, as calculated using the 4:00 p.m. London time closing spot and forward rates provided by an independent pricing service provider.

 

50   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

Pursuant to Board-approved valuation procedures established by the Trust and WTAM, the Board has appointed WTAM as the Funds’ valuation designee (the “Valuation Designee”) to perform all fair valuations of the Funds’ portfolio investments, subject to the Board’s oversight. As the Valuation Designee, WTAM has established procedures for its fair valuation of a Fund’s portfolio investments. These procedures address, among other things, determining when market quotations are not readily available or reliable and the methodologies to be used for determining the fair value of investments, as well as the use and oversight of third-party pricing services for fair valuation. The Valuation Designee is comprised of senior representatives of WTAM and 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 Valuation Designee 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 Valuation Designee 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

 

WisdomTree Trust      51  


Notes to Financial Statements (unaudited) (continued)

 

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 Valuation Designee may include significant unobservable inputs and therefore such financial instruments would be reflected as a Level 3 of the fair value hierarchy. The Valuation Designee 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 Valuation Designee 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, 2023, 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, 2023 and open positions in such derivatives as of September 30, 2023 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. 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. Any collateral posted (or received) with respect to the derivative positions would be used to offset or reduce the payment due to (or due from) a counterparty in the event of default. Information with respect to the amounts and types of collateral received and/or posted for derivative instruments as of September 30, 2023, if any, is reflected as a footnote within each Fund’s Schedule of Investments.The Funds’ maximum credit risk exposure to derivatives agreements would be the total value of derivatives disclosed in the table included in Note 2 — Master Netting Arrangements under the column entitled “Assets: Net Amount”.

As of September 30, 2023, 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    $ 36,614,887      Unrealized depreciation on
foreign currency contracts
   $ 120,331  

Europe Hedged SmallCap Equity Fund

           

Foreign currency risk

   Unrealized appreciation on foreign currency contracts      1,519,920      Unrealized depreciation on
foreign currency contracts
     655  

Germany Hedged Equity Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     509,403      Unrealized depreciation on
foreign currency contracts
     228  

International Hedged Quality Dividend Growth Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     45,813,340      Unrealized depreciation on
foreign currency contracts
     720,511  

Japan Hedged Equity Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     83,189,400      Unrealized depreciation on
foreign currency contracts
     41,153  

Japan Hedged SmallCap Equity Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     1,452,567      Unrealized depreciation on
foreign currency contracts
     591  

 

52   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

For the six months ended September 30, 2023, 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

   $ (18,181,863    $ 67,320,903  

Europe Hedged SmallCap Equity Fund

     

Foreign currency risk

     (815,338      2,745,342  

Germany Hedged Equity Fund

     

Foreign currency risk

     (290,344      989,608  

International Hedged Quality Dividend Growth Fund

     

Foreign currency risk

     (2,540,763      68,746,973  

Japan Hedged Equity Fund

     

Foreign currency risk

     191,656,664        112,220,426  

Japan Hedged SmallCap Equity Fund

     

Foreign currency risk

     3,235,221        1,908,916  

 

  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, 2023, the volume of derivative activity (based on the average of month-end balances) 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

   $ 1,410,396,903      $ 2,817,458,375  

Europe Hedged SmallCap Equity Fund

     

Foreign currency risk

     54,500,473        108,523,245  

Germany Hedged Equity Fund

     

Foreign currency risk

     21,565,606        42,562,650  

International Hedged Quality Dividend Growth Fund

     

Foreign currency risk

     1,594,280,129        3,182,399,008  

Japan Hedged Equity Fund

     

Foreign currency risk

     2,264,686,636        4,588,279,198  

Japan Hedged SmallCap Equity Fund

     

Foreign currency risk

     36,378,569        73,858,227  

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, with respect to foreign dividends, as soon as practicable after the existence of a dividend declaration has been determined, at the fair value of securities received. Upon notification from real estate investment trust (“REIT”) issuers or as estimated by management, all or a portion of the dividend income received from a REIT may be redesignated as a reduction of cost of the related investment and/or as a realized gain. 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.

 

WisdomTree Trust      53  


Notes to Financial Statements (unaudited) (continued)

 

Foreign Taxes — The Funds may be subject to foreign taxes (a portion of which may be reclaimable or refundable) on foreign income or capital gains on investment transactions. All foreign taxes are recorded in accordance with the applicable foreign tax regulations and tax rates that exist in the foreign jurisdictions in which the Funds invest. These foreign taxes, if any, are accrued and applied to foreign income as the foreign income is earned and are reflected on the Statements of Operations as follows: foreign taxes withheld on dividends are presented as a reduction to investment income in “Less: Foreign withholding taxes on dividends”, foreign taxes on capital gains from investment transactions, if any, are included in “Net realized gain (loss) from investment transactions”, and deferred foreign taxes on net unrealized appreciation on investments, if any, are included in “Net increase (decrease) in unrealized appreciation/depreciation on investment transactions”. Foreign taxes payable or deferred as of September 30, 2023, if any, are disclosed in the Statements of Assets and Liabilities in “Payables: Foreign capital gains tax”.

In certain foreign jurisdictions, when the Funds incur subsequent capital losses on investment transactions that occurred during the tax year in the applicable foreign jurisdiction, the Funds may be entitled to a refund on any foreign taxes paid on previous capital gain investment transactions that occurred during the tax year of the applicable foreign jurisdiction. Foreign capital gain tax refunds on investment transactions are included in “Net realized gain (loss) from investment transactions” on the Statements of Operations and foreign capital gain tax refunds that remain unpaid as of September 30, 2023, if any, are disclosed in the Statements of Assets and Liabilities in “Receivables: Foreign capital gains tax refund”.

The Funds file foreign tax reclaims in certain foreign jurisdictions to recover a portion of amounts previously withheld on dividend income 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 recorded relating to current fiscal year investment income are included in the Statements of Operations as a reduction to the balance shown for “Foreign withholding taxes on dividends” and foreign tax reclaims recorded, but not yet received as of September 30, 2023, if any, are shown on the Statements of Assets and Liabilities in “Receivables: Foreign tax reclaims”.

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.

 

54   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

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, 2023, 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.

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.

 

WisdomTree Trust      55  


Notes to Financial Statements (unaudited) (continued)

 

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, 2023, 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
 

Europe Hedged Equity Fund

               

Securities Lending

  $ 68,385,583     $     $ (68,385,583 )1    $     $     $     $     $  

Foreign Currency Contracts

    36,614,887       (12,154           36,602,733       120,331       (12,154           108,177  

Europe Hedged SmallCap Equity Fund

               

Securities Lending

    3,458,188             (3,458,188 )1                               

Foreign Currency Contracts

    1,519,920       (476           1,519,444       655       (476           179  

Germany Hedged Equity Fund

               

Securities Lending

    51,534             (51,534 )1                               

Foreign Currency Contracts

    509,403       (118           509,285       228       (118           110  

International Hedged Quality Dividend Growth Fund

               

Securities Lending

    73,748,003             (73,748,003 )1                               

Foreign Currency Contracts

    45,813,340       (714,680           45,098,660       720,511       (714,680           5,831  

Japan Hedged Equity Fund

               

Securities Lending

    227,850,977             (227,850,977 )1                               

Foreign Currency Contracts

    83,189,400       (41,153           83,148,247       41,153       (41,153            

Japan Hedged SmallCap Equity Fund

               

Securities Lending

    14,063,986             (14,063,986 )1                               

Foreign Currency Contracts

    1,452,567       (366           1,452,201       591       (366           225  
  1 

The amount of collateral presented has been limited such that the net amount by counterparty cannot be less than zero.

 

56   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

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. 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, 2023, as applicable, are included in an “Investment in Affiliates” supplementary table in each applicable Fund’s

 

WisdomTree Trust      57  


Notes to Financial Statements (unaudited) (continued)

 

Schedule of Investments. For these transactions, WTAM voluntarily waives a portion of its advisory fees that it would otherwise charge, for each Fund’s investment in affiliated funds. The waivers may be reduced to offset the incremental costs related to these investments (e.g., fund accounting, safekeeping, transaction fees, etc.) that are paid by WTAM out of its advisory fee. 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, 2023, WT held shares of and received distributions from the following Fund, which were purchased through an unaffiliated broker in ordinary brokerage transactions in the secondary market in which the Fund’s shares trade:

       
     At September 30, 2023            For the fiscal period ended
September 30, 2023
 
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
 

Japan Hedged Equity Fund

     15      $ 1,324              $ 13  

4. CAPITAL SHARE TRANSACTIONS

As of September 30, 2023, 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 to an authorized participant (“AP”). Except when aggregated in creation units (“Creation Unit Aggregations”), 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 (“Deposit Securities”) and/or an amount of cash (“Cash Component”). Creation Unit Aggregations may be created in advance of receipt by a Fund of all or a portion of the applicable Deposit Securities from APs. In these circumstances, the initial deposit received from the AP will have a value greater than the NAV of the applicable Fund’s shares on the date the order is placed in proper form since, in addition to available Deposit Securities, U.S. cash must be deposited by the AP in an amount equal to the sum of (i) the Cash Component, plus (ii) generally between 102%-110%, as directed by the Trust or WTAM, which the Trust or WTAM may change from time to time, of the market value of the undelivered Deposit Securities (the “Additional Cash Deposit”) with the Fund pending delivery of any missing Deposit Securities. The Fund will return any unused portion of the Additional Cash Deposit once all of the missing Deposit Securities have been properly received from the AP or purchased by the Fund. Amounts due to be returned to an AP as of September 30, 2023, if any, is shown in the Statements of Assets and Liabilities in “Payables: Deposit due to authorized participant”. APs 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, 2023 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

   $ 172,643,181      $ 114,114,735      $ 16,140,854      $ 7,838,500  

Europe Hedged SmallCap Equity Fund

     6,223,996        4,358,409        10,104,104         

Germany Hedged Equity Fund

     2,566,783        2,230,588        1,826,234        3,573,494  

International Hedged Quality Dividend Growth Fund

     142,644,896        68,554,359        308,132,032         

Japan Hedged Equity Fund

     408,083,562        88,092,363        1,207,832,537        108,460,732  

Japan Hedged SmallCap Equity Fund

     6,355,981        1,758,444        21,114,900         

 

58   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

6. FEDERAL INCOME TAXES

At September 30, 2023, 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 Hedged Equity Fund

  $ 1,315,798,716     $ 234,527,510     $ (123,490,627   $ 111,036,883             $     $ (867   $ (867   $ 111,036,015  

Europe Hedged SmallCap Equity Fund

    62,193,791       3,060,744       (6,143,886     (3,083,142                   (37     (37     (3,083,179

Germany Hedged Equity Fund

    19,097,078       2,053,798       (2,175,351     (121,553                   (2     (2     (121,555

International Hedged Quality Dividend Growth Fund

    1,586,662,589       224,789,631       (66,653,681     158,135,950               2,505,604       (20,655     2,484,949       160,620,900  

Japan Hedged Equity Fund

    3,103,291,733       260,980,503       (145,023,579     115,956,924                                 115,956,924  

Japan Hedged SmallCap Equity Fund

    57,018,506       3,898,947       (2,935,581     963,366                                 963,366  
  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 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. 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, 2023, the ECJ tax reclaims received by the Funds, if any, did not exceed the foreign withholding taxes of the respective Funds. The Europe Hedged Equity Fund expects to enter into a closing agreement with the Internal Revenue Service on ECJ tax reclaims received in the prior fiscal year that exceeded foreign withholding taxes paid and has recognized estimated closing agreement fees of $4,318,457 which are shown on the Statements of Assets and Liabilities in “Payables: Other”.

7. SUBSEQUENT EVENT

At the recommendation of WTAM, the investment adviser of WisdomTree Germany Hedged Equity Fund (the “Affected Fund”), after continued review of the product lineup and anticipated limited future prospect of investor demand for the Affected Fund, among other considerations, the Board of Trustees determined to close and liquidate the Affected Fund. After the close of business

 

WisdomTree Trust      59  


Notes to Financial Statements (unaudited) (continued)

 

on October 20, 2023, the Affected Fund no longer accepted creation orders. The last day of secondary market trading of the Affected Fund’s shares was also October 20, 2023. Shareholders were able to sell Affected Fund shares through a broker in the standard manner through this date. Customary brokerage charges may have applied to such transactions. When the Affected Fund commenced liquidation of its portfolio, which occurred on or around October 23, 2023, but may have occurred before October 23, 2023, the liquidation process resulted in the Affected Fund increasing its cash holdings and deviating from the investment objective and strategies stated in its prospectus. It is anticipated that shareholders remaining in the Affected Fund after the last day of trading will have their shares redeemed automatically on or around October 30, 2023, and will receive cash through their broker or other applicable financial intermediary thereafter in an amount equal to the net asset value of their shares as calculated on or about October 27, 2023. This amount is expected to include any accrued capital gains and dividends. Shareholders remaining in the Affected Fund and that receive cash will not be charged any transaction fees by the Affected Fund. Whether shareholders sell their shares or are automatically redeemed as described above, shareholders will generally recognize a capital gain (or loss) equal to the amount received for their shares (or below) the adjusted cost basis in such shares.

8. ADDITIONAL INFORMATION

The Board authorized a two-for-one share split for Europe Hedged Equity Fund and Japan Hedged SmallCap Equity Fund, effective after the close of trading on August 9, 2023, for the shareholders of record on August 7, 2023. The share split increased the number of shares outstanding and decreased the net asset value per share by a factor of two. The share split did not change the total value of a shareholder’s investment. The shares outstanding, NAV per share and other per share information have been updated in the accompanying financial statements and financial highlights to reflect the effect of the share split.

*  *  *  *  *

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, as well as other popular Russian exports, such as diamonds, seafood and vodka. The European Union, the United Kingdom and other countries have also placed restrictions on certain oil, energy and luxury goods imports from Russia.

These sanctions, as well as other economic consequences related to the invasion, such as additional sanctions, boycotts, changes in consumer or purchaser preferences, or cyberattacks on governments, companies or individuals, may further decrease the value and liquidity of certain Russian securities as well as securities of issuers in other countries that are subject to or otherwise adversely affected by economic sanctions related to Russia’s invasion of Ukraine, including Russian counter measures. 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.

*  *  *  *  *  *

Financial markets around the world may experience extreme volatility, depressed valuations, decreased liquidity and heightened uncertainty and turmoil resulting from major cybersecurity events, geopolitical events (including wars, such as Russia’s invasion of Ukraine, terror attacks, and disruptions to foreign economic and trade relationships), public health emergencies, such as the COVID-19 pandemic, measures to address budget deficits, downgrading of sovereign debt, and public sentiment, among other events. Resulting market volatility, dramatic changes to interest rates, and otherwise unfavorable economic conditions may negatively impact Fund performance or impair a Fund’s ability to achieve its investment objective.

 

60   WisdomTree Trust


Notes to Financial Statements (unaudited) (concluded)

 

In March 2023, the financial distress of certain financial institutions raised economic concerns over disruption in the U.S. banking system and regarding the solvency of certain financial services firms. There can be no certainty that the actions taken by the U.S. government to strengthen public confidence in the U.S. banking system will be effective in mitigating the effects of financial institution failures on the economy and restoring public confidence in the U.S. banking system.

*  *  *  *  *  *

Raising the ceiling on U.S. government debt has become increasingly politicized. Any failure to increase the total amount that the U.S. government is authorized to borrow could lead to a default on U.S. government obligations, with unpredictable consequences for economies and markets in the U.S. and elsewhere. On August 1, 2023, Fitch Ratings, Inc. downgraded its U.S. debt rating from the highest AAA rating to AA+, citing “a high and growing general government debt burden, and the erosion of governance relative to ‘AA’ and ‘AAA’ rated peers over the last two decades that has manifested in repeated debt limit standoffs and last-minute resolutions.” The impacts, if any, of the downgrade on financial markets are unknown at this time. The downgrade has potential market impacts, including but not limited to, steep stock market declines and rising bond yields.

 

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 18-19, 2023 (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 between WTAM and Mellon Investments Corporation (“Mellon” or the “Sub-Adviser”), pursuant to which Mellon coordinates the investment and reinvestment of the assets of the applicable Funds (“Sub-Advisory Agreements” and, 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 18, 2023, 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-Adviser. 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-Adviser’s operational capabilities and resources. The Board also discussed the role of WisdomTree, Inc. (“WT”), 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 WT indexes are unique, based on WT’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 WT’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 WT 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-Adviser, including oversight of the Sub-Adviser’s adherence to each Fund’s investment strategy and restrictions, monitoring of the Sub-Adviser’s buying and selling of securities and derivatives transactions, review of the Sub-Adviser’s performance, review of proxies voted by the Sub-Adviser and oversight of, and the provision of consultation to, the Sub-Adviser 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, compliance 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-Adviser 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-Adviser 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, 2023, 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.

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-Adviser in relation to the fees paid to WTAM by the Funds and the respective services provided by the Sub-Adviser and WTAM. The Board also noted that the Sub-Adviser’s 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-Adviser, including that the role of the 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 entrepreneurial and expense risk borne by WTAM that is associated with Funds’ unitary fee structure, which frequently includes minimum fees (such as those to the 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 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-Adviser, 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-Adviser from acting as investment adviser and sub-adviser, 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

 

WisdomTree Trust      63  


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

 

conclusions and determinations discussed above and also relied on its previous knowledge, gained through meetings and other interactions with WTAM and the Sub-Adviser, of the Funds and the services provided to the Funds by WTAM and the Sub-Adviser. 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 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/investments.

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/investments.

 

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, Inc., 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. Dividends are not guaranteed, and a company currently paying dividends may cease paying dividends at any time. 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 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, 2023

 

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

       20  

WisdomTree International AI Enhanced Value Fund

       24  

WisdomTree International Equity Fund

       26  

WisdomTree International High Dividend Fund

       37  

WisdomTree International LargeCap Dividend Fund

       44  

WisdomTree International MidCap Dividend Fund

       48  

WisdomTree International Multifactor Fund

       55  

WisdomTree International Quality Dividend Growth Fund

       60  

WisdomTree International SmallCap Dividend Fund

       64  

WisdomTree Japan SmallCap Dividend Fund

       74  

Statements of Assets and Liabilities (unaudited)

       83  

Statements of Operations (unaudited)

       86  

Statements of Changes in Net Assets (unaudited)

       89  

Financial Highlights (unaudited)

       93  

Notes to Financial Statements (unaudited)

       99  

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

       112  

General Information (unaudited)

       115  

 

“WisdomTree” is a registered mark of WisdomTree, Inc. (formerly, WisdomTree Investments, 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/investments.

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, 2023 to September 30, 2023. 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 183/366 (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, 2023 (unaudited)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Health Care

    20.1%  

Industrials

    17.5%  

Consumer Staples

    17.4%  

Consumer Discretionary

    15.7%  

Financials

    9.1%  

Information Technology

    7.2%  

Communication Services

    5.6%  

Materials

    3.4%  

Utilities

    2.1%  

Energy

    0.6%  

Real Estate

    0.6%  

Other Assets less Liabilities‡

    0.7%  

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  

LVMH Moet Hennessy Louis Vuitton SE

    5.3%  

Novartis AG, Registered Shares

    5.2%  

Nestle SA, Registered Shares

    3.6%  

Industria de Diseno Textil SA

    3.5%  

Sanofi

    3.4%  

GSK PLC

    3.0%  

Novo Nordisk AS, Class B

    2.8%  

Roche Holding AG

    2.8%  

Deutsche Telekom AG, Registered Shares

    2.8%  

Unilever PLC

    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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 965.20        0.58   $ 2.85  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns

     -3.48     24.91     4.24     4.92     3.86

Fund Market Price Returns

     -3.81     26.43     4.07     4.89     3.78

WisdomTree Europe Quality Dividend Growth Index

     -3.46     25.41     4.65     5.38     4.33

MSCI Europe Index

     -2.35     28.85     7.23     3.96     2.73
*

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, 2023 (unaudited)

WisdomTree Europe SmallCap Dividend Fund (DFE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    28.1%  

Financials

    15.1%  

Consumer Discretionary

    14.7%  

Materials

    11.7%  

Consumer Staples

    5.9%  

Information Technology

    5.9%  

Real Estate

    5.8%  

Energy

    4.3%  

Health Care

    3.3%  

Communication Services

    2.6%  

Utilities

    1.0%  

Investment Company

    0.3%  

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  

SSAB AB, Class A

    2.7%  

D/S Norden AS

    1.8%  

Sydbank AS

    1.6%  

Redrow PLC

    1.4%  

Konecranes Oyj

    1.4%  

MPC Container Ships ASA

    1.3%  

Bank of Georgia Group PLC

    1.2%  

Pagegroup PLC

    1.1%  

Bekaert SA

    1.0%  

Landis & Gyr Group AG

    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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 938.90        0.58   $ 2.81  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns

     -6.11     21.81     4.21     0.41     4.20

Fund Market Price Returns

     -6.61     22.47     4.19     0.39     4.14

WisdomTree Europe SmallCap Dividend Index

     -6.31     21.48     4.39     0.62     4.76

MSCI Europe Small Cap Index

     -5.42     23.17     1.26     0.63     4.37
*

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, 2023 (unaudited)

WisdomTree International AI Enhanced Value Fund (AIVI)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    30.7%  

Industrials

    15.1%  

Materials

    10.8%  

Consumer Staples

    8.6%  

Real Estate

    6.3%  

Energy

    6.3%  

Utilities

    5.8%  

Health Care

    5.7%  

Communication Services

    3.6%  

Consumer Discretionary

    3.5%  

Investment Company

    1.1%  

Information Technology

    1.1%  

Other Assets less Liabilities‡

    1.4%  

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  

Swiss Re AG

    3.0%  

Aviva PLC

    2.7%  

Enagas SA

    2.6%  

Zurich Insurance Group AG

    2.4%  

GSK PLC

    2.3%  

British American Tobacco PLC

    2.3%  

Publicis Groupe SA

    2.0%  

Vinci SA

    1.9%  

Phoenix Group Holdings PLC

    1.9%  

Groupe Bruxelles Lambert NV

    1.8%  
*

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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,005.00        0.58   $ 2.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns1

     0.50     29.19     6.96     2.50     2.48

Fund Market Price Returns1

     0.02     29.69     6.70     2.49     2.46

MSCI EAFE Value Index

     3.76     31.51     11.11     2.81     2.97
*

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, 2023 (unaudited)

WisdomTree International Equity Fund (DWM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    22.5%  

Industrials

    12.9%  

Materials

    10.6%  

Consumer Discretionary

    10.4%  

Consumer Staples

    8.4%  

Health Care

    8.4%  

Energy

    7.2%  

Communication Services

    6.7%  

Utilities

    4.8%  

Real Estate

    3.9%  

Information Technology

    3.4%  

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  

BHP Group Ltd.

    3.5%  

Novartis AG, Registered Shares

    2.0%  

Shell PLC

    1.8%  

TotalEnergies SE

    1.7%  

HSBC Holdings PLC

    1.6%  

Nestle SA, Registered Shares

    1.6%  

LVMH Moet Hennessy Louis Vuitton SE

    1.3%  

Rio Tinto PLC

    1.2%  

Toyota Motor Corp.

    1.1%  

Roche Holding AG

    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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,003.80        0.48   $ 2.40  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.60        0.48   $ 2.43  

Performance

 

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

Fund NAV Returns

     0.38     25.60     6.64     2.01     3.16

Fund Market Price Returns

     -0.24     25.81     6.34     1.94     3.03

WisdomTree International Equity Index

     0.26     25.80     6.91     2.26     3.39

MSCI EAFE Index

     -1.28     25.65     5.75     3.24     3.82

MSCI EAFE Value Index

     3.76     31.51     11.11     2.81     2.97
*

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, 2023 (unaudited)

WisdomTree International High Dividend Fund (DTH)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    26.0%  

Materials

    14.8%  

Energy

    9.2%  

Industrials

    8.4%  

Utilities

    8.3%  

Health Care

    7.8%  

Consumer Discretionary

    7.4%  

Communication Services

    7.4%  

Real Estate

    5.6%  

Consumer Staples

    3.8%  

Information Technology

    0.5%  

Investment Company

    0.1%  

Other Assets less Liabilities‡

    0.7%  

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  

BHP Group Ltd.

    5.4%  

Novartis AG, Registered Shares

    3.9%  

TotalEnergies SE

    3.3%  

HSBC Holdings PLC

    2.5%  

Rio Tinto PLC

    2.3%  

Mercedes-Benz Group AG

    1.7%  

BP PLC

    1.5%  

Sanofi

    1.4%  

SoftBank Corp.

    1.3%  

Commonwealth Bank of Australia

    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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,005.70        0.58   $ 2.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns

     0.57     27.14     9.13     2.15     2.57

Fund Market Price Returns

     -0.11     26.64     8.86     2.15     2.49

WisdomTree International High Dividend Index

     0.47     27.40     9.44     2.42     2.87

MSCI EAFE Value Index

     3.76     31.51     11.11     2.81     2.97
*

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, 2023 (unaudited)

WisdomTree International LargeCap Dividend Fund (DOL)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    24.0%  

Consumer Discretionary

    10.7%  

Health Care

    10.4%  

Materials

    9.9%  

Industrials

    9.8%  

Consumer Staples

    9.5%  

Energy

    8.8%  

Communication Services

    7.2%  

Utilities

    4.7%  

Information Technology

    2.5%  

Real Estate

    1.6%  

Investment Company

    0.2%  

Other Assets less Liabilities‡

    0.7%  

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  

BHP Group Ltd.

    4.7%  

Novartis AG, Registered Shares

    2.7%  

Shell PLC

    2.4%  

TotalEnergies SE

    2.3%  

HSBC Holdings PLC

    2.2%  

Nestle SA, Registered Shares

    2.2%  

LVMH Moet Hennessy Louis Vuitton SE

    1.8%  

Toyota Motor Corp.

    1.5%  

Rio Tinto PLC

    1.5%  

Roche Holding AG

    1.5%  
*

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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,007.30        0.48   $ 2.41  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.60        0.48   $ 2.43  

Performance

 

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

Fund NAV Returns

     0.73     26.97     7.89     2.75     3.10

Fund Market Price Returns

     0.28     27.03     7.78     2.80     3.04

WisdomTree International LargeCap Dividend Index

     0.57     27.02     8.08     2.94     3.33

MSCI EAFE Index

     -1.28     25.65     5.75     3.24     3.82

MSCI EAFE Value Index

     3.76     31.51     11.11     2.81     2.97
*

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, 2023 (unaudited)

WisdomTree International MidCap Dividend Fund (DIM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    21.0%  

Financials

    19.0%  

Materials

    12.5%  

Real Estate

    11.4%  

Consumer Discretionary

    8.0%  

Utilities

    6.1%  

Communication Services

    5.8%  

Consumer Staples

    5.5%  

Information Technology

    4.7%  

Energy

    3.2%  

Health Care

    2.1%  

Other Assets less Liabilities‡

    0.7%  

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  

Nippon Yusen KK

    1.4%  

South32 Ltd.

    1.1%  

Mitsui OSK Lines Ltd.

    1.1%  

ACS Actividades de Construccion y Servicios SA

    0.9%  

Power Assets Holdings Ltd.

    0.9%  

Koninklijke KPN NV

    0.7%  

Talanx AG

    0.7%  

Randstad NV

    0.7%  

Kawasaki Kisen Kaisha Ltd.

    0.7%  

Erste Group Bank AG

    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, 2023)

 

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

Actual

   $ 1,000.00      $ 994.10        0.58   $ 2.89  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns

     -0.59     23.25     4.24     0.52     3.33

Fund Market Price Returns

     -1.09     24.08     4.22     0.58     3.30

WisdomTree International MidCap Dividend Index

     -0.63     23.56     4.44     0.86     3.70

MSCI EAFE Mid Cap Index

     -2.01     22.69     1.78     1.03     3.75

MSCI EAFE Mid Cap Value Index

     0.97     26.10     6.38     0.86     3.57
*

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, 2023 (unaudited)

WisdomTree International Multifactor Fund (DWMF)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    18.6%  

Financials

    16.8%  

Consumer Staples

    14.6%  

Health Care

    11.2%  

Communication Services

    8.9%  

Utilities

    8.2%  

Consumer Discretionary

    7.6%  

Information Technology

    6.6%  

Materials

    3.3%  

Energy

    2.8%  

Real Estate

    0.4%  

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  

Novartis AG, Registered Shares

    1.7%  

National Grid PLC

    1.4%  

Sanofi

    1.3%  

AXA SA

    1.2%  

Toshiba Corp.

    1.2%  

Deutsche Telekom AG, Registered Shares

    1.2%  

Ipsen SA

    1.2%  

Swisscom AG, Registered Shares

    1.1%  

Jeronimo Martins SGPS SA

    1.1%  

Check Point Software Technologies Ltd.

    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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,010.40        0.38   $ 1.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.10        0.38   $ 1.92  

Performance

 

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

Fund NAV Returns

     1.04     18.06     4.89     2.89     3.15

Fund Market Price Returns

     0.62     18.10     4.62     2.83     3.13

MSCI EAFE Local Currency Index

     2.96     20.32     10.81     5.65     5.72

MSCI EAFE Index

     -1.28     25.65     5.75     3.24     3.46
*

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, 2023 (unaudited)

WisdomTree International Quality Dividend Growth Fund (IQDG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Discretionary

    20.1%  

Health Care

    19.8%  

Consumer Staples

    18.4%  

Industrials

    14.6%  

Information Technology

    11.7%  

Financials

    5.0%  

Communication Services

    3.6%  

Materials

    2.5%  

Utilities

    2.0%  

Real Estate

    1.1%  

Energy

    0.8%  

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  

LVMH Moet Hennessy Louis Vuitton SE

    5.4%  

Novartis AG, Registered Shares

    4.7%  

Industria de Diseno Textil SA

    4.5%  

Unilever PLC

    4.5%  

GSK PLC

    4.1%  

Nestle SA, Registered Shares

    3.9%  

Novo Nordisk AS, Class B

    3.8%  

SAP SE

    3.1%  

L’Oreal SA

    2.9%  

Roche Holding AG

    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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 960.80        0.42   $ 2.06  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.90        0.42   $ 2.12  

Performance

 

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

Fund NAV Returns

     -3.92     23.36     2.53     4.38     5.90

Fund Market Price Returns

     -4.53     24.03     2.41     4.31     5.91

WisdomTree International Quality Dividend Growth Index

     -3.83     23.70     2.85     4.71     6.25

MSCI EAFE Index

     -1.28     25.65     5.75     3.24     5.98
*

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, 2023 (unaudited)

WisdomTree International SmallCap Dividend Fund (DLS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    24.4%  

Financials

    14.6%  

Consumer Discretionary

    13.5%  

Materials

    12.4%  

Real Estate

    9.6%  

Information Technology

    7.4%  

Consumer Staples

    5.5%  

Health Care

    3.8%  

Communication Services

    3.6%  

Energy

    2.0%  

Utilities

    2.0%  

Investment Company

    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  

D/S Norden AS

    0.8%  

SSAB AB, Class A

    0.6%  

Azimut Holding SpA

    0.6%  

Sydbank AS

    0.6%  

Coface SA

    0.6%  

Bank of Georgia Group PLC

    0.6%  

Kobe Steel Ltd.

    0.6%  

Sims Ltd.

    0.6%  

Deterra Royalties Ltd.

    0.5%  

CSR 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 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, 2023)

 

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

Actual

   $ 1,000.00      $ 979.10        0.58   $ 2.87  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns

     -2.09     17.64     3.05     -0.30     3.18

Fund Market Price Returns

     -2.96     17.29     2.82     -0.36     3.08

WisdomTree International SmallCap Dividend Index

     -2.29     17.92     3.70     0.53     3.88

MSCI EAFE Small Cap Index

     -2.95     17.90     1.10     0.76     4.30

MSCI EAFE Small Cap Value Index

     -0.22     22.47     5.83     1.09     4.01
*

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.

 

WisdomTree Trust      11  


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    24.9%  

Materials

    16.6%  

Consumer Discretionary

    16.5%  

Information Technology

    12.2%  

Financials

    10.7%  

Consumer Staples

    7.3%  

Health Care

    4.3%  

Communication Services

    1.9%  

Real Estate

    1.8%  

Energy

    1.4%  

Utilities

    0.8%  

Investment Company

    0.4%  

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).

Top Ten Holdings*

 

Description   % of Net Assets  

Kobe Steel Ltd.

    1.7%  

Cosmo Energy Holdings Co. Ltd.

    0.9%  

Tokyo Seimitsu Co. Ltd.

    0.7%  

Aozora Bank Ltd.

    0.6%  

Seven Bank Ltd.

    0.6%  

Nippon Electric Glass Co. Ltd.

    0.6%  

Macnica Holdings, Inc.

    0.6%  

Toyo Tire Corp.

    0.5%  

K’s Holdings Corp.

    0.5%  

Mebuki Financial Group, Inc.

    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, 2023)

 

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

Actual

   $ 1,000.00      $ 1,048.60        0.58   $ 2.97  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns

     4.86     25.19     2.52     0.26     5.21

Fund Market Price Returns

     3.97     24.63     2.16     0.22     5.16

WisdomTree Japan SmallCap Dividend Index

     5.02     25.78     2.73     0.56     5.74

MSCI Japan Small Cap Index

     1.37     18.10     -0.69     -0.41     4.57
*

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.

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
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, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.3%

 

Austria – 0.4%

 

EVN AG

     3,153      $ 84,457  

Oesterreichische Post AG

     2,490        81,857  

Verbund AG

     1,227        100,095  
     

 

 

 
Total Austria

 

     266,409  
Belgium – 0.8%

 

D’ieteren Group

     387        65,517  

Etablissements Franz Colruyt NV

     2,297        99,612  

Melexis NV

     832        71,968  

UCB SA

     1,598        131,188  

VGP NV

     1,094        101,870  

Warehouses De Pauw CVA

     3,463        85,942  
     

 

 

 
Total Belgium

 

     556,097  
China – 0.3%

 

Prosus NV*

     8,097        239,350  
Denmark – 3.9%

 

Alm Brand AS

     28,457        42,787  

Chr Hansen Holding AS

     1,126        69,128  

Coloplast AS, Class B

     2,016        213,988  

Dfds AS

     1,262        41,785  

FLSmidth & Co. AS

     185        8,384  

Novo Nordisk AS, Class B

     21,602        1,974,888  

Novozymes AS, Class B

     1,706        68,960  

Pandora AS

     2,144        222,704  

Royal Unibrew AS

     788        61,065  

Scandinavian Tobacco Group AS(a)

     2,403        36,677  
     

 

 

 
Total Denmark

 

     2,740,366  
Finland – 2.4%

 

Elisa Oyj

     4,044        187,919  

Fortum Oyj(b)

     37,474        436,233  

Kone Oyj, Class B

     10,399        439,517  

Konecranes Oyj

     2,698        89,866  

Metso Oyj

     14,639        154,277  

Neste Oyj(b)

     7,003        238,225  

Sanoma Oyj(b)

     3,615        26,639  

Valmet Oyj(b)

     5,041        115,603  
     

 

 

 
Total Finland

 

     1,688,279  
France – 22.2%

 

Air Liquide SA

     5,550        939,230  

Airbus SE

     6,038        811,749  

BioMerieux

     551        53,565  

Bollore SE

     19,790        106,649  

Bouygues SA

     12,848        450,797  

Bureau Veritas SA

     5,138        127,891  

Capgemini SE

     1,282        225,043  

Carrefour SA

     9,389        161,883  

Danone SA

     10,211        564,977  

Dassault Aviation SA

     785        148,272  

Dassault Systemes SE

     3,500        130,790  

Eurazeo SE

     1,413        84,450  

Gaztransport & Technigaz SA

     637        78,570  

Hermes International SCA

     336      615,359  

Kering SA

     1,675        765,934  

L’Oreal SA

     3,011        1,253,481  

La Francaise des Jeux SAEM(a)

     3,771        122,970  

LVMH Moet Hennessy Louis Vuitton SE

     4,888        3,707,492  

Metropole Television SA

     6,448        81,785  

Remy Cointreau SA(b)

     288        35,264  

Rubis SCA

     4,802        107,987  

Sanofi

     22,343        2,400,576  

Sartorius Stedim Biotech

     161        38,524  

Schneider Electric SE

     6,629        1,101,757  

Societe BIC SA

     800        52,895  

Sodexo SA

     1,107        114,297  

Sopra Steria Group SACA

     319        66,164  

Teleperformance SE

     342        43,234  

Thales SA

     2,552        359,627  

Veolia Environnement SA

     16,258        472,157  

Verallia SA(a)

     2,439        96,268  

Vivendi SE

     17,277        151,751  

Wendel SE

     911        72,387  
     

 

 

 
Total France

 

     15,543,775  
Georgia – 0.1%

 

Bank of Georgia Group PLC

     1,744        78,547  
Germany – 10.7%

 

adidas AG

     3,509        619,019  

AIXTRON SE

     477        17,585  

Bechtle AG

     904        42,343  

Beiersdorf AG

     766        99,064  

Bilfinger SE

     230        7,900  

Carl Zeiss Meditec AG, Bearer Shares

     338        29,638  

Deutsche Telekom AG, Registered Shares

     92,939        1,954,995  

Fielmann Group AG

     2,103        91,021  

Gerresheimer AG

     246        25,902  

Hannover Rueck SE

     2,263        498,118  

Hella GmbH & Co. KGaA

     542        38,447  

Henkel AG & Co. KGaA

     3,182        201,193  

Hugo Boss AG

     470        29,817  

MTU Aero Engines AG

     389        70,736  

Muenchener Rueckversicherungs-Gesellschaft AG, Registered Shares

     3,103        1,212,605  

Nemetschek SE

     385        23,593  

Puma SE

     1,477        91,950  

Rheinmetall AG

     487        125,758  

SAP SE

     12,953        1,684,352  

Scout24 SE(a)

     823        57,213  

Siemens Healthineers AG(a)

     8,944        454,534  

Stroeer SE & Co. KGaA

     1,574        70,158  

Symrise AG

     746        71,337  
     

 

 

 
Total Germany

 

     7,517,278  
Ireland – 0.2%

 

Glanbia PLC

     3,206        52,986  

Kerry Group PLC, Class A

     743        62,287  
     

 

 

 
Total Ireland

 

     115,273  

 

See Notes to Financial Statements.

 

16   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

September 30, 2023

 

 

 

Investments    Shares      Value  
Israel – 0.1%

 

Plus500 Ltd.

     3,160      $ 53,110  
Italy – 2.4%

 

Azimut Holding SpA

     6,676        146,171  

Banca Generali SpA

     4,364        154,829  

Banca Mediolanum SpA

     25,864        221,861  

BPER Banca

     27,151        83,277  

Buzzi SpA

     2,981        81,807  

Davide Campari-Milano NV

     1,883        22,259  

De’ Longhi SpA

     3,816        83,309  

Enav SpA(a)(b)

     9,381        34,802  

Ferrari NV

     767        227,134  

FinecoBank Banca Fineco SpA

     9,898        120,672  

Italgas SpA

     25,848        132,783  

Leonardo SpA

     5,901        85,343  

Moncler SpA

     2,042        119,081  

RAI Way SpA(a)

     9,021        47,277  

Recordati Industria Chimica e Farmaceutica SpA

     2,863        135,525  
     

 

 

 
Total Italy

 

     1,696,130  
Netherlands – 5.9%

 

Aegon NV(b)

     51,806        251,321  

ASM International NV

     253        106,476  

ASML Holding NV

     2,236        1,323,594  

BE Semiconductor Industries NV

     2,766        272,351  

Euronext NV(a)

     1,715        119,840  

Ferrovial SE

     10,246        314,265  

Heineken Holding NV

     2,513        189,969  

Heineken NV(b)

     3,632        320,935  

Koninklijke KPN NV

     113,160        373,682  

SBM Offshore NV

     7,177        94,451  

Universal Music Group NV(b)

     19,828        519,154  

Wolters Kluwer NV

     2,152        261,222  
     

 

 

 
Total Netherlands

 

     4,147,260  
Norway – 0.7%

 

Austevoll Seafood ASA

     5,101        36,073  

Gjensidige Forsikring ASA

     10,751        159,130  

Kongsberg Gruppen ASA

     1,199        49,714  

Leroy Seafood Group ASA

     14,619        61,659  

Salmar ASA

     2,961        151,211  

TOMRA Systems ASA

     476        5,464  
     

 

 

 
Total Norway

 

     463,251  
Portugal – 0.3%

 

Jeronimo Martins SGPS SA

     8,998        202,536  
Spain – 3.7%

 

CIE Automotive SA

     2,198        59,668  

Industria de Diseno Textil SA

     65,026        2,429,585  

Laboratorios Farmaceuticos Rovi SA

     717        38,981  

Unicaja Banco SA(a)(b)

     46,330        49,984  

Viscofan SA

     698        42,714  
     

 

 

 
Total Spain

 

     2,620,932  
Sweden – 5.1%

 

Alfa Laval AB

     5,139        177,761  

Assa Abloy AB, Class B

     10,331        226,509  

Atlas Copco AB, Class A

     26,966      365,489  

Atlas Copco AB, Class B

     16,329        192,686  

Avanza Bank Holding AB(b)

     3,855        67,206  

Axfood AB

     2,796        64,443  

Bilia AB, Class A

     3,615        35,437  

Elekta AB, Class B

     7,624        52,225  

Epiroc AB, Class A

     6,524        124,905  

Epiroc AB, Class B

     5,413        87,292  

Essity AB, Class B

     7,730        167,845  

Evolution AB(a)

     1,770        180,255  

Hexagon AB, Class B

     13,030        111,995  

Hexpol AB

     11,045        98,767  

Husqvarna AB, Class B(b)

     12,384        95,454  

Indutrade AB

     2,829        52,782  

Investment AB Latour, Class B

     6,174        109,538  

Lifco AB, Class B

     995        17,580  

Loomis AB

     1,611        43,685  

Mycronic AB

     859        17,869  

Nibe Industrier AB, Class B

     5,577        36,858  

Nordnet AB publ

     5,857        77,848  

Saab AB, Class B

     959        49,150  

Sagax AB, Class B

     1,965        37,711  

Sandvik AB

     17,764        329,635  

Securitas AB, Class B

     12,782        101,958  

SKF AB, Class B

     10,070        168,834  

Sweco AB, Class B

     5,077        47,760  

Telefonaktiebolaget LM Ericsson, Class B(b)

     68,821        337,827  

Thule Group AB(a)(b)

     3,535        93,352  
     

 

 

 
Total Sweden

 

     3,570,656  
Switzerland – 21.4%

 

ABB Ltd., Registered Shares

     31,987        1,146,888  

BKW AG

     691        121,990  

Clariant AG, Registered Shares

     4,267        67,634  

Coca-Cola HBC AG

     4,418        121,275  

DKSH Holding AG

     1,076        72,984  

Galenica AG(a)

     763        56,508  

Geberit AG, Registered Shares

     514        257,899  

Georg Fischer AG, Registered Shares

     1,016        57,364  

Givaudan SA, Registered Shares

     107        350,195  

Landis & Gyr Group AG

     725        52,544  

Logitech International SA, Registered Shares

     1,751        121,123  

Lonza Group AG, Registered Shares

     215        100,026  

Nestle SA, Registered Shares

     22,124        2,508,902  

Novartis AG, Registered Shares

     35,531        3,645,928  

Partners Group Holding AG

     522        590,303  

Roche Holding AG

     7,173        1,963,793  

Roche Holding AG, Bearer Shares

     932        274,465  

Schindler Holding AG, Participation Certificate

     476        95,221  

Schindler Holding AG, Registered Shares

     1,042        201,383  

SFS Group AG

     604        66,157  

SGS SA, Registered Shares

     3,731        314,125  

SIG Group AG

     5,013        124,065  

Sika AG, Registered Shares

     1,079        274,940  

 

See Notes to Financial Statements.

 

WisdomTree Trust      17  


Schedule of Investments (unaudited) (continued)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

September 30, 2023

 

 

 

Investments    Shares      Value  

Sonova Holding AG, Registered Shares

     526      $ 125,175  

Stadler Rail AG

     1,745        68,213  

Straumann Holding AG, Registered Shares

     556        71,232  

Sulzer AG, Registered Shares

     1,066        102,137  

Temenos AG, Registered Shares

     735        51,759  

VAT Group AG(a)

     405        145,655  

Zurich Insurance Group AG

     4,018        1,845,170  
     

 

 

 
Total Switzerland

 

     14,995,053  
United Kingdom – 15.7%

 

Airtel Africa PLC(a)

     74,880        114,792  

Ashtead Group PLC

     3,841        234,500  

Auto Trader Group PLC(a)

     8,394        63,275  

BAE Systems PLC

     53,296        649,073  

Beazley PLC

     7,143        48,256  

British American Tobacco PLC

     60,158        1,892,184  

Britvic PLC

     2,142        22,798  

Burberry Group PLC

     5,402        125,835  

CNH Industrial NV

     16,180        197,687  

Compass Group PLC

     12,521        305,650  

Computacenter PLC

     2,429        75,007  

Croda International PLC

     1,080        64,789  

Dechra Pharmaceuticals PLC

     774        35,785  

Diageo PLC

     18,210        674,343  

Diploma PLC

     1,621        59,434  

Drax Group PLC

     8,995        48,175  

Dunelm Group PLC

     5,326        68,257  

Fresnillo PLC

     13,739        92,431  

Games Workshop Group PLC

     883        113,918  

Greggs PLC

     1,745        52,139  

Halma PLC

     2,035        48,149  

Hargreaves Lansdown PLC

     11,628        109,737  

Howden Joinery Group PLC

     11,519        103,534  

IMI PLC

     3,318        63,501  

Imperial Brands PLC

     25,977        528,543  

Intertek Group PLC

     2,311        115,987  

Investec PLC

     21,476        126,266  

ITV PLC

     155,804        134,296  

Next PLC

     2,603        231,800  

Ninety One PLC(b)

     28,443        59,399  

Pagegroup PLC

     18,051        92,359  

Pearson PLC

     8,702        92,235  

Pets at Home Group PLC

     11,787      48,166  

Reckitt Benckiser Group PLC

     8,252        583,570  

RELX PLC

     23,277        788,398  

Rentokil Initial PLC

     14,312        106,593  

Rightmove PLC

     7,786        53,427  

Rotork PLC

     11,800        45,022  

RS Group PLC

     4,817        43,237  

Sage Group PLC

     15,151        182,891  

Segro PLC

     19,549        171,653  

Smith & Nephew PLC

     12,935        161,509  

Spectris PLC

     1,741        72,122  

Spirax-Sarco Engineering PLC

     540        62,786  

Tate & Lyle PLC

     6,195        51,833  

TBC Bank Group PLC

     2,426        88,387  

Unilever PLC

     38,647        1,916,069  

Victrex PLC

     1,282        21,985  
     

 

 

 
Total United Kingdom

 

     11,041,782  
United States – 3.0%

 

GSK PLC

     116,471        2,121,007  

TOTAL COMMON STOCKS

(Cost: $66,377,905)

 

 

     69,657,091  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.6%

 

United States – 1.6%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $1,109,418)      1,109,418        1,109,418  

TOTAL INVESTMENTS IN SECURITIES – 100.9%

(Cost: $67,487,323)

 

 

     70,766,509  

Other Assets less Liabilities – (0.9)%

 

     (612,360
     

 

 

 
NET ASSETS – 100.0%

 

   $ 70,154,149  

 

* 

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, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $1,934,053 and the total market value of the collateral held by the Fund was $2,046,569. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $937,151.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

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

    10/3/2023       4,300       USD       3,524       GBP     $     $ (1

Goldman Sachs

    10/3/2023       10,893       USD       9,968       CHF             (4

Goldman Sachs

    10/3/2023       8,656       USD       8,185       EUR             (10

Goldman Sachs

    10/3/2023       25,138       USD       274,484       SEK             (127
                                            $     $ (142

 

See Notes to Financial Statements.

 

18   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

September 30, 2023

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 69,657,091      $      $      $ 69,657,091  

Investment of Cash Collateral for Securities Loaned

            1,109,418               1,109,418  

Total Investments in Securities

   $ 69,657,091      $ 1,109,418      $      $ 70,766,509  

Liabilities:

        

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (142    $      $ (142

Total – Net

   $ 69,657,091      $ 1,109,276      $      $ 70,766,367  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      19  


Schedule of Investments (unaudited)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.4%

 

Austria – 0.8%

 

AT&S Austria Technologie & Systemtechnik AG

     20,398      $ 605,130  

S IMMO AG*

     29,570        401,359  

Schoeller-Bleckmann Oilfield Equipment AG

     5,248        310,043  

Semperit AG Holding

     8,811        159,147  
     

 

 

 
Total Austria

 

     1,475,679  
Belgium – 1.8%

 

Bekaert SA

     41,013        1,842,852  

Deceuninck NV

     64,293        147,712  

Fagron

     25,051        427,281  

Recticel SA(a)

     23,243        230,828  

Xior Student Housing NV(a)

     24,989        716,988  
     

 

 

 
Total Belgium

 

     3,365,661  
Denmark – 6.7%

 

Cementir Holding NV

     39,124        310,669  

Chemometec AS*

     2,074        99,059  

D/S Norden AS

     60,539        3,377,985  

Dfds AS

     36,961        1,223,777  

FLSmidth & Co. AS

     18,424        834,981  

Matas AS

     22,935        317,818  

Per Aarsleff Holding AS

     11,359        522,535  

Scandinavian Tobacco Group AS(b)

     78,679        1,200,874  

Schouw & Co. AS

     9,696        647,712  

Spar Nord Bank AS

     85,948        1,335,006  

Sydbank AS

     61,735        2,946,858  
     

 

 

 
Total Denmark

 

     12,817,274  
Finland – 6.2%

 

Aktia Bank Oyj

     18,989        182,952  

Caverion Oyj

     42,505        387,469  

Citycon Oyj*(a)

     157,219        883,047  

Harvia Oyj

     16,438        445,188  

Kamux Corp.(a)

     38,546        226,703  

Kemira Oyj

     50,988        795,718  

Konecranes Oyj

     80,091        2,667,693  

Lassila & Tikanoja Oyj(a)

     11,434        117,910  

Marimekko Oyj(a)

     29,140        324,254  

Musti Group Oyj*

     18,363        349,953  

Outokumpu Oyj(a)

     380,194        1,597,643  

Puuilo Oyj

     80,547        686,923  

Terveystalo Oyj(a)(b)

     53,024        424,412  

Tokmanni Group Corp.(a)

     97,430        1,356,475  

Uponor Oyj

     41,226        1,241,350  
     

 

 

 
Total Finland

 

     11,687,690  
France – 4.3%

 

Beneteau SA

     36,203        439,261  

Coface SA

     128,263        1,640,445  

Derichebourg SA

     181,349        917,776  

Etablissements Maurel & Prom SA

     206,107        1,067,512  

Fnac Darty SA(a)

     38,228        938,994  

Lectra(a)

     11,437        311,805  

LISI

     12,454        293,381  

Maisons du Monde SA(a)(b)

     54,320      418,970  

Mersen SA

     11,614        464,801  

Quadient SA

     25,111        507,798  

Television Francaise 1 SA(a)

     150,925        1,157,692  
     

 

 

 
Total France

 

     8,158,435  
Georgia – 1.2%

 

Bank of Georgia Group PLC

     50,301        2,265,471  
Germany – 7.1%

 

7C Solarparken AG

     64,693        221,577  

BayWa AG

     10,881        388,233  

Bilfinger SE

     27,639        949,285  

Cliq Digital AG

     9,023        179,216  

CropEnergies AG

     49,434        414,519  

Deutz AG

     88,343        390,969  

Duerr AG

     23,981        652,520  

Energiekontor AG

     3,792        309,138  

Gerresheimer AG

     14,300        1,505,686  

GFT Technologies SE

     5,642        157,580  

Hamborner REIT AG

     33,734        230,367  

Hamburger Hafen und Logistik AG

     32,404        577,056  

Hornbach Holding AG & Co. KGaA

     11,987        767,185  

Instone Real Estate Group SE(b)

     68,373        424,929  

Jenoptik AG

     13,667        347,278  

JOST Werke SE(b)

     7,016        337,240  

Kloeckner & Co. SE

     212,074        1,534,686  

Mutares SE & Co. KGaA

     13,596        396,576  

SAF-Holland SE

     50,096        647,608  

Salzgitter AG

     44,012        1,169,602  

Varta AG*(a)

     63,335        1,205,330  

Wacker Neuson SE

     21,299        435,221  

Wuestenrot & Wuerttembergische AG

     13,659        209,402  
     

 

 

 
Total Germany

 

     13,451,203  
Ireland – 0.3%

 

Kenmare Resources PLC

     55,751        282,395  

Origin Enterprises PLC

     56,848        196,212  
     

 

 

 
Total Ireland

 

     478,607  
Italy – 6.4%

 

Alerion Cleanpower SpA

     21,621        610,051  

Anima Holding SpA(b)

     405,818        1,705,750  

Ariston Holding NV

     37,736        246,310  

Banca Popolare di Sondrio SpA

     228,683        1,180,568  

Cairo Communication SpA

     126,234        215,177  

Danieli & C Officine Meccaniche SpA(a)

     9,379        267,117  

Danieli & C Officine Meccaniche SpA, RSP

     17,404        364,476  

El.En. SpA(a)

     26,115        240,687  

Esprinet SpA(a)

     78,138        401,234  

Maire Tecnimont SpA(a)

     293,786        1,210,591  

MARR SpA

     37,777        479,957  

OVS SpA(b)

     125,319        261,117  

Piaggio & C SpA

     185,830        595,358  

RAI Way SpA(b)

     85,677        449,017  

Salcef Group SpA

     23,632        551,699  

 

See Notes to Financial Statements.

 

20   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2023

 

 

 

Investments    Shares      Value  

Sanlorenzo SpA

     13,600      $ 511,165  

SOL SpA

     12,644        358,767  

Technogym SpA(b)

     102,940        797,790  

Unieuro SpA(a)(b)

     37,112        332,806  

Webuild SpA(a)

     535,259        954,899  

Zignago Vetro SpA

     32,844        493,089  
     

 

 

 
Total Italy

 

     12,227,625  
Netherlands – 2.1%

 

AMG Critical Materials NV

     15,365        463,629  

Brunel International NV

     21,326        293,526  

Corbion NV(a)

     27,009        539,316  

ForFarmers NV(a)

     108,513        284,923  

Koninklijke Heijmans NV

     42,556        482,101  

RHI Magnesita NV

     45,682        1,551,164  

Sligro Food Group NV

     20,464        363,560  
     

 

 

 
Total Netherlands

 

     3,978,219  
Norway – 6.2%

 

ABG Sundal Collier Holding ASA

     268,347        129,876  

Atea ASA*

     40,189        504,588  

Austevoll Seafood ASA

     175,220        1,239,121  

Bonheur ASA

     10,803        227,413  

Borregaard ASA

     40,651        603,604  

DNO ASA

     1,105,572        1,098,211  

Europris ASA(b)

     148,295        832,699  

Grieg Seafood ASA

     109,288        803,162  

Kid ASA(b)

     15,583        129,311  

MPC Container Ships ASA

     1,496,308        2,451,696  

OKEA ASA

     156,554        561,431  

SpareBank 1 Nord Norge

     69,250        622,810  

SpareBank 1 SMN

     76,052        980,592  

Sparebanken Vest

     32,736        324,257  

TGS ASA

     87,530        1,205,909  
     

 

 

 
Total Norway

 

     11,714,680  
Portugal – 2.2%

 

Altri SGPS SA(a)

     185,574        842,098  

Corticeira Amorim SGPS SA(a)

     35,086        361,443  

CTT-Correios de Portugal SA

     112,875        415,285  

Mota-Engil SGPS SA

     244,762        887,561  

Sonae SGPS SA

     1,698,871        1,654,785  
     

 

 

 
Total Portugal

 

     4,161,172  
Spain – 3.7%

 

Applus Services SA

     64,921        680,478  

Construcciones y Auxiliar de Ferrocarriles SA

     24,231        759,375  

Ence Energia y Celulosa SA(a)

     367,544        1,235,122  

Ercros SA(a)

     70,877        225,874  

Faes Farma SA

     166,702        564,786  

Global Dominion Access SA(b)

     58,022        205,793  

Indra Sistemas SA

     64,471        935,144  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros(a)

     431,937        400,149  

Pharma Mar SA(a)

     4,578        155,684  

Sacyr SA(a)

     578,761        1,704,707  

Talgo SA(a)(b)

     65,658        244,347  
     

 

 

 
Total Spain

 

     7,111,459  
Sweden – 15.1%

 

AcadeMedia AB(b)

     84,709      364,591  

AddLife AB, Class B

     40,164        239,375  

Addnode Group AB(a)

     25,431        156,249  

AFRY AB

     68,772        812,791  

Akelius Residential Property AB, Class D

     133,120        244,955  

Ambea AB(b)

     61,563        195,951  

Beijer Alma AB

     15,290        263,461  

Betsson AB, Class B*

     124,457        1,376,975  

Bilia AB, Class A

     51,353        503,405  

BioGaia AB, Class B

     18,610        172,496  

Biotage AB

     11,078        109,514  

Bufab AB

     11,518        292,397  

Catena AB

     20,510        717,384  

Clas Ohlson AB, Class B(a)

     116,676        1,257,595  

Cloetta AB, Class B

     340,668        572,578  

Coor Service Management Holding AB(b)

     62,674        256,137  

Corem Property Group AB, Class B(a)

     1,069,621        596,137  

Dios Fastigheter AB

     131,932        757,162  

Electrolux Professional AB, Class B

     58,768        305,356  

Ferronordic AB

     12,821        80,248  

G5 Entertainment AB

     8,110        117,945  

GARO AB(a)

     13,954        48,936  

Granges AB

     72,559        687,909  

HMS Networks AB

     10,615        390,825  

Instalco AB(a)

     71,781        214,731  

Inwido AB

     68,782        696,418  

JM AB

     126,047        1,720,584  

KNOW IT AB(a)

     14,624        170,682  

Lagercrantz Group AB, Class B

     61,281        626,111  

Lindab International AB

     46,936        691,239  

Medicover AB, Class B

     14,998        198,377  

MEKO AB

     36,242        316,745  

MIPS AB(a)

     7,998        272,975  

Munters Group AB(b)

     34,377        444,576  

Mycronic AB

     31,972        665,090  

NCC AB, Class B(a)

     113,138        1,232,998  

New Wave Group AB, Class B(a)

     54,800        384,158  

Nolato AB, Class B

     150,176        619,547  

Nordic Waterproofing Holding AB

     16,464        246,410  

Paradox Interactive AB

     12,694        268,270  

Peab AB, Class B

     325,039        1,345,728  

Platzer Fastigheter Holding AB, Class B

     29,164        180,393  

Ratos AB, Class B

     149,267        448,177  

Rvrc Holding AB(a)

     67,233        238,752  

Sagax AB, Class D(a)

     189,193        446,678  

Samhallsbyggnadsbolaget i Norden AB, Class D(a)

     525,807        208,499  

Skandinaviska Enskilda Banken AB, Class C(a)

     20,540        245,780  

SkiStar AB(a)

     24,280        249,858  

SSAB AB, Class A

     911,481        5,176,486  

Svenska Handelsbanken AB, Class B(a)

     34,053        361,712  

Troax Group AB

     20,978        299,294  

Vitec Software Group AB, Class B

     3,702        174,976  
     

 

 

 
Total Sweden

 

     28,665,616  

 

See Notes to Financial Statements.

 

WisdomTree Trust      21  


Schedule of Investments (unaudited) (continued)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2023

 

 

 

Investments    Shares      Value  
Switzerland – 3.9%

 

Arbonia AG

     31,193      $ 286,084  

Ascom Holding AG, Registered Shares

     26,894        305,747  

Comet Holding AG, Registered Shares

     3,764        841,016  

Huber & Suhner AG, Registered Shares

     12,628        913,832  

Landis & Gyr Group AG

     24,299        1,761,067  

Medmix AG(b)

     24,825        630,937  

Mobilezone Holding AG, Registered Shares

     69,125        1,033,701  

Swissquote Group Holding SA, Registered Shares

     6,208        1,137,364  

u-blox Holding AG

     2,749        234,092  

Zehnder Group AG

     6,003        353,041  
     

 

 

 
Total Switzerland

 

     7,496,881  
United Kingdom – 30.3%

 

AG Barr PLC

     77,147        462,334  

AJ Bell PLC

     154,603        517,795  

Alliance Pharma PLC(a)

     255,078        147,262  

Ashmore Group PLC

     649,116        1,487,899  

Bloomsbury Publishing PLC

     57,277        280,337  

Bodycote PLC

     109,120        869,041  

Bytes Technology Group PLC

     86,193        524,752  

Central Asia Metals PLC

     167,265        383,812  

Chemring Group PLC

     111,578        377,918  

Chesnara PLC

     76,796        257,767  

Clarkson PLC

     13,376        446,518  

Close Brothers Group PLC

     147,232        1,592,177  

CLS Holdings PLC(a)

     397,000        575,655  

CMC Markets PLC(b)

     244,662        314,150  

Coats Group PLC

     828,273        741,025  

Concentric AB

     10,594        159,531  

Craneware PLC(a)

     10,399        190,387  

Cranswick PLC

     37,256        1,615,194  

Crest Nicholson Holdings PLC

     312,830        663,229  

DFS Furniture PLC

     307,162        406,399  

DiscoverIE Group PLC

     24,181        200,106  

Diversified Energy Co. PLC

     1,764,720        1,737,143  

Domino’s Pizza Group PLC

     331,725        1,523,994  

EMIS Group PLC

     21,556        508,312  

Empiric Student Property PLC

     591,222        645,846  

Essentra PLC

     145,055        286,462  

FDM Group Holdings PLC

     57,778        366,709  

Fevertree Drinks PLC

     33,367        488,713  

Firstgroup PLC

     172,813        318,289  

Forterra PLC(b)

     317,488        576,615  

Gamma Communications PLC

     22,030        293,625  

Genuit Group PLC

     149,589        601,604  

Great Portland Estates PLC

     104,610        533,454  

Halfords Group PLC

     185,560        449,120  

Hammerson PLC(a)

     1,607,598        494,070  

Helical PLC

     48,249        124,553  

Hill & Smith PLC

     43,759        919,721  

Hilton Food Group PLC

     59,192        518,009  

Hollywood Bowl Group PLC

     74,008        223,568  

Hunting PLC

     95,402        355,733  

I3 Energy PLC(a)

     1,323,696      240,084  

Ibstock PLC(b)

     562,865        978,982  

Impax Asset Management Group PLC

     74,116        414,769  

IntegraFin Holdings PLC

     242,391        701,757  

Jadestone Energy PLC*

     314,168        124,624  

James Halstead PLC(a)

     93,872        237,171  

Keller Group PLC

     31,626        289,894  

Learning Technologies Group PLC

     137,681        107,802  

Liontrust Asset Management PLC

     103,046        763,441  

Lok’nStore Group PLC(a)

     17,232        150,803  

Mitie Group PLC

     530,515        665,650  

MJ Gleeson PLC

     41,692        212,708  

Moneysupermarket.com Group PLC

     586,742        1,737,374  

Morgan Advanced Materials PLC

     178,574        533,998  

Morgan Sindall Group PLC

     40,520        1,016,335  

Mortgage Advice Bureau Holdings Ltd.(a)

     13,210        86,422  

NCC Group PLC

     120,919        174,153  

Next 15 Group PLC

     24,947        195,178  

Ninety One PLC(a)

     646,011        1,349,104  

Oxford Instruments PLC

     9,676        257,459  

Pagegroup PLC

     419,693        2,147,378  

Pan African Resources PLC

     1,771,919        310,998  

PayPoint PLC

     52,939        337,935  

Pets at Home Group PLC

     352,963        1,442,348  

Premier Foods PLC

     207,479        303,886  

PZ Cussons PLC

     238,041        411,406  

Quilter PLC(b)

     1,445,056        1,512,426  

Redde Northgate PLC

     231,161        953,645  

Redrow PLC

     449,909        2,717,126  

Restore PLC(a)

     50,343        144,398  

RWS Holdings PLC

     221,445        648,143  

Savills PLC

     101,333        1,070,467  

Serica Energy PLC

     368,989        1,120,519  

Shaftesbury Capital PLC

     260,597        365,146  

Smart Metering Systems PLC

     79,100        600,513  

Speedy Hire PLC

     546,872        213,261  

Spirent Communications PLC

     212,214        357,444  

SThree PLC

     66,278        302,550  

TBC Bank Group PLC

     28,166        1,026,183  

Telecom Plus PLC

     55,552        1,010,279  

TP ICAP Group PLC

     687,526        1,427,411  

TT Electronics PLC

     94,921        196,955  

Tyman PLC

     192,330        678,423  

Vertu Motors PLC

     410,913        374,650  

Vesuvius PLC

     216,890        1,149,436  

Videndum PLC(a)

     27,408        110,227  

Volex PLC

     34,943        134,133  

Volution Group PLC

     57,819        255,326  

Watkin Jones PLC(a)

     425,322        207,651  

Wickes Group PLC

     444,845        745,478  

Wincanton PLC

     97,818        327,133  

Workspace Group PLC

     173,368        1,038,130  

XPS Pensions Group PLC

     141,379        336,492  

YouGov PLC

     13,190        120,743  
     

 

 

 
Total United Kingdom

 

     57,514,775  

 

See Notes to Financial Statements.

 

22   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2023

 

 

 

Investments    Shares      Value  
United States – 0.1%

 

PolyPeptide Group AG*(a)(b)

     7,684      $ 140,441  

TOTAL COMMON STOCKS

(Cost: $209,882,273)

 

 

     186,710,888  
EXCHANGE-TRADED FUND – 0.3%

 

United States – 0.3%

 

WisdomTree International MidCap Dividend Fund(c)

     
(Cost: $588,027)      10,400        583,960  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 6.2%

 

United States – 6.2%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(d)

     
(Cost: $11,862,323)      11,862,323        11,862,323  

TOTAL INVESTMENTS IN SECURITIES – 104.9%

(Cost: $222,332,623)

   199,157,171  

Other Assets less Liabilities – (4.9)%

     (9,325,234
     

 

 

 
NET ASSETS – 100.0%    $ 189,831,937  

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $16,511,178 and the total market value of the collateral held by the Fund was $17,432,437. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $5,570,114.

 

(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, 2023.

 

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, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree International MidCap Dividend Fund

  $ 64,306     $ 5,582,927     $ 4,908,870     $ (147,990   $ (6,413   $ 583,960     $ 54,037  

 

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
 

Royal Bank of Canada

    10/2/2023       97,625       USD       80,000       GBP     $     $ (19

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 186,710,888      $      $      $ 186,710,888  

Exchange-Traded Fund

     583,960                      583,960  

Investment of Cash Collateral for Securities Loaned

            11,862,323               11,862,323  

Total Investments in Securities

   $ 187,294,848      $ 11,862,323      $      $ 199,157,171  

Liabilities:

        

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (19    $      $ (19

Total – Net

   $ 187,294,848      $ 11,862,304      $      $ 199,157,152  

1 Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      23  


Schedule of Investments (unaudited)

WisdomTree International AI Enhanced Value Fund (AIVI)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 97.5%

 

Australia – 6.9%

 

APA Group

     30,560      $ 163,704  

ASX Ltd.

     5,633        207,662  

Aurizon Holdings Ltd.

     289,165        651,328  

Lottery Corp. Ltd.

     74,134        225,834  

National Australia Bank Ltd.

     12,225        229,363  

Scentre Group

     640,073        1,016,234  

Sonic Healthcare Ltd.

     48,459        932,008  

Telstra Group Ltd.

     68,511        170,235  

Transurban Group

     144,281        1,181,679  

Vicinity Ltd.

     146,917        160,720  
     

 

 

 
Total Australia

 

     4,938,767  
Austria – 1.1%

 

OMV AG

     11,566        554,966  

Voestalpine AG

     8,507        232,736  
     

 

 

 
Total Austria

 

     787,702  
Belgium – 2.9%

 

Ageas SA

     8,342        344,716  

Groupe Bruxelles Lambert NV

     17,506        1,307,793  

Sofina SA

     877        178,091  

Umicore SA

     9,202        218,722  
     

 

 

 
Total Belgium

 

     2,049,322  
China – 0.4%

 

BOC Hong Kong Holdings Ltd.

     111,000        304,009  
Denmark – 0.2%

 

Carlsberg AS, Class B

     1,228        155,418  
Finland – 0.9%

 

Sampo Oyj, Class A

     15,249        661,617  
France – 10.5%

 

Arkema SA

     4,039        400,090  

AXA SA

     42,813        1,277,351  

Danone SA

     3,046        168,536  

Eiffage SA

     9,160        873,221  

Gecina SA

     2,416        247,481  

Klepierre SA

     7,585        186,551  

Orange SA

     16,993        195,386  

Publicis Groupe SA

     18,657        1,417,482  

TotalEnergies SE

     18,068        1,191,959  

Vinci SA

     12,440        1,383,203  

Vivendi SE

     23,326        204,881  
     

 

 

 
Total France

 

     7,546,141  
Germany – 4.9%

 

BASF SE

     14,424        655,907  

Bayer AG, Registered Shares

     3,244        156,102  

Bayerische Motoren Werke AG

     1,687        172,146  

Evonik Industries AG

     12,312        225,837  

Heidelberg Materials AG

     10,152        790,225  

Mercedes-Benz Group AG

     15,303        1,067,553  

Siemens Energy AG*

     33,630        440,799  
     

 

 

 
Total Germany

 

     3,508,569  
Hong Kong – 4.0%

 

CK Asset Holdings Ltd.

     83,000      437,157  

CK Infrastructure Holdings Ltd.

     53,500        253,092  

Hang Seng Bank Ltd.

     28,400        353,375  

Henderson Land Development Co. Ltd.

     267,000        703,991  

Hongkong Land Holdings Ltd.

     52,700        188,139  

Link REIT

     52,900        259,372  

Power Assets Holdings Ltd.

     65,000        314,549  

Sun Hung Kai Properties Ltd.

     35,500        379,846  
     

 

 

 
Total Hong Kong

 

     2,889,521  
Italy – 3.0%

 

Eni SpA(a)

     37,964        613,206  

Mediobanca Banca di Credito Finanziario SpA(a)

     55,521        736,549  

Snam SpA

     169,156        796,789  
     

 

 

 
Total Italy

 

     2,146,544  
Japan – 18.4%

 

AGC, Inc.

     30,600        1,075,332  

Asahi Kasei Corp.

     160,600        1,011,546  

FANUC Corp.

     41,900        1,093,092  

Honda Motor Co. Ltd.

     52,500        591,757  

Japan Metropolitan Fund Invest

     277        180,057  

Japan Post Insurance Co. Ltd.

     22,900        386,795  

Kao Corp.

     30,400        1,130,845  

Kirin Holdings Co. Ltd.

     12,800        179,530  

Kyocera Corp.

     15,000        762,640  

Kyowa Kirin Co. Ltd.

     9,800        171,011  

MEIJI Holdings Co. Ltd.

     8,500        211,667  

MS&AD Insurance Group Holdings, Inc.(a)

     5,300        195,165  

NGK Insulators Ltd.(a)

     56,400        749,102  

NIPPON EXPRESS HOLDINGS, Inc.

     18,100        946,452  

Nissan Chemical Corp.

     5,600        238,636  

Nitto Denko Corp.(a)

     4,900        322,059  

Ono Pharmaceutical Co. Ltd.

     12,600        242,163  

Sompo Holdings, Inc.(a)

     24,000        1,034,626  

Sumitomo Chemical Co. Ltd.

     355,800        970,418  

Takeda Pharmaceutical Co. Ltd.(a)

     13,200        410,529  

Tokio Marine Holdings, Inc.

     8,100        188,082  

Tosoh Corp.

     74,500        957,554  

Yamato Holdings Co. Ltd.

     9,500        155,018  
     

 

 

 
Total Japan

 

     13,204,076  
Netherlands – 5.2%

 

Euronext NV(b)

     3,414        238,562  

JDE Peet’s NV

     37,754        1,056,061  

Koninklijke Philips NV(a)

     24,891        499,817  

NN Group NV

     29,208        941,326  

OCI NV*

     19,054        532,377  

Randstad NV

     4,576        253,773  

Wolters Kluwer NV

     1,682        204,171  
     

 

 

 
Total Netherlands

 

     3,726,087  
New Zealand – 0.2%

 

Auckland International Airport Ltd.

     38,291        181,986  

 

See Notes to Financial Statements.

 

24   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International AI Enhanced Value Fund (AIVI)

September 30, 2023

 

 

 

Investments    Shares      Value  
Norway – 3.2%

 

DNB Bank ASA

     28,285      $ 573,098  

Gjensidige Forsikring ASA

     11,447        169,432  

Norsk Hydro ASA

     145,351        917,933  

Telenor ASA

     55,077        628,883  
     

 

 

 
Total Norway

 

     2,289,346  
Singapore – 3.1%

 

CapitaLand Integrated Commercial Trust

     167,600        227,167  

CapitaLand Investment Ltd.

     74,200        168,525  

DBS Group Holdings Ltd.

     11,000        271,111  

Mapletree Pan Asia Commercial Trust

     158,100        165,641  

Oversea-Chinese Banking Corp. Ltd.

     116,200        1,090,572  

United Overseas Bank Ltd.

     13,700        286,065  
     

 

 

 
Total Singapore

 

     2,209,081  
Spain – 4.3%

 

Aena SME SA(b)

     2,082        314,335  

Enagas SA

     111,650        1,853,524  

Redeia Corp. SA

     13,471        212,439  

Repsol SA

     43,425        715,850  
     

 

 

 
Total Spain

 

     3,096,148  
Sweden – 1.2%

 

Boliden AB

     10,768        311,666  

Essity AB, Class B

     7,620        165,457  

Industrivarden AB, Class A

     7,029        186,850  

Industrivarden AB, Class C

     7,151        189,961  
     

 

 

 
Total Sweden

 

     853,934  
Switzerland – 6.8%

 

Baloise Holding AG, Registered Shares

     2,230        323,969  

SGS SA, Registered Shares

     5,581        469,882  

Swiss Prime Site AG, Registered Shares

     2,331        213,913  

Swiss Re AG

     20,983        2,163,442  

Zurich Insurance Group AG

     3,710        1,703,729  
     

 

 

 
Total Switzerland

 

     4,874,935  
United Kingdom – 18.0%

 

Aviva PLC

     406,892        1,935,871  

BAE Systems PLC

     15,475        188,464  

BP PLC

     40,325        261,548  

British American Tobacco PLC

     52,530        1,652,256  

CK Hutchison Holdings Ltd.

     57,500        307,622  

Coca-Cola Europacific Partners PLC

     2,834      177,068  

Imperial Brands PLC

     49,789        1,013,035  

Legal & General Group PLC

     449,925        1,221,872  

M&G PLC

     285,227        686,868  

Phoenix Group Holdings PLC

     227,625        1,339,685  

Reckitt Benckiser Group PLC

     4,043        285,915  

RELX PLC

     6,710        227,269  

Rolls-Royce Holdings PLC*

     63,166        170,308  

Schroders PLC

     215,352        1,070,316  

Shell PLC

     37,266        1,185,339  

St. James’s Place PLC

     20,459        207,811  

Taylor Wimpey PLC

     330,107        472,616  

United Utilities Group PLC

     47,146        545,633  
     

 

 

 
Total United Kingdom

 

     12,949,496  
United States – 2.3%

 

GSK PLC

     90,839        1,654,233  

TOTAL COMMON STOCKS

(Cost: $74,153,409)

 

 

     70,026,932  
EXCHANGE-TRADED FUND – 1.1%

 

United States – 1.1%

 

iShares MSCI EAFE Value ETF(a)

(Cost: $768,379)

     15,666        766,537  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.3%

 

United States – 5.3%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $3,807,872)      3,807,872        3,807,872  

TOTAL INVESTMENTS IN SECURITIES – 103.9%

(Cost: $78,729,660)

 

 

     74,601,341  

Other Assets less Liabilities – (3.9)%

 

     (2,828,529
     

 

 

 
NET ASSETS – 100.0%

 

   $ 71,772,812  

 

*

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $4,216,138 and the total market value of the collateral held by the Fund was $4,406,501. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $598,629.

 

(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, 2023.

 

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 70,026,932      $      $      $ 70,026,932  

Exchange-Traded Fund

     766,537                      766,537  

Investment of Cash Collateral for Securities Loaned

            3,807,872               3,807,872  

Total Investments in Securities

   $ 70,793,469      $ 3,807,872      $      $ 74,601,341  

 

See Notes to Financial Statements.

 

WisdomTree Trust      25  


Schedule of Investments (unaudited)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.2%

 

Australia – 12.0%

 

Abacus Group(a)

     76,201      $ 51,393  

AGL Energy Ltd.(a)

     28,579        197,914  

ALS Ltd.

     13,627        100,877  

Ampol Ltd.

     15,953        348,007  

ANZ Group Holdings Ltd.

     187,854        3,111,043  

APA Group

     72,169        386,596  

Aristocrat Leisure Ltd.

     7,817        206,092  

ASX Ltd.(a)

     7,911        291,641  

AUB Group Ltd.

     4,374        82,262  

Aurizon Holdings Ltd.

     102,402        230,655  

Australian Clinical Labs Ltd.(a)

     37,319        68,644  

Bank of Queensland Ltd.(a)

     31,220        115,657  

Bapcor Ltd.(a)

     21,408        93,954  

Bendigo & Adelaide Bank Ltd.

     30,076        173,341  

BHP Group Ltd.

     678,503        19,377,330  

BlueScope Steel Ltd.

     12,351        154,963  

Brambles Ltd.

     31,212        288,465  

Brickworks Ltd.

     9,718        156,612  

BWP Trust

     33,230        71,846  

carsales.com Ltd.

     12,973        233,935  

Challenger Ltd.

     18,088        74,947  

Champion Iron Ltd.(a)

     22,365        90,936  

Charter Hall Group

     20,418        125,057  

Charter Hall Long Wale REIT

     57,296        119,072  

Cochlear Ltd.

     791        130,344  

Coles Group Ltd.

     60,377        606,331  

Commonwealth Bank of Australia

     73,227        4,724,652  

Computershare Ltd.

     9,838        164,832  

Cromwell Property Group(a)

     125,862        30,056  

CSL Ltd.

     4,520        731,636  

CSR Ltd.

     45,117        164,520  

Deterra Royalties Ltd.

     60,759        187,834  

Dexus(a)

     88,914        418,911  

Downer EDI Ltd.(a)

     36,313        96,558  

Eagers Automotive Ltd.

     14,380        129,282  

Elders Ltd.(a)

     6,363        23,737  

Endeavour Group Ltd.(a)

     34,735        118,143  

First Resources Ltd.

     109,300        122,521  

Goodman Group

     32,861        454,922  

GPT Group

     88,900        223,767  

Growthpoint Properties Australia Ltd.

     93,732        133,693  

GUD Holdings Ltd.(a)

     8,849        67,220  

Harvey Norman Holdings Ltd.(a)

     101,615        253,804  

Helia Group Ltd.

     54,108        121,875  

HomeCo Daily Needs REIT

     117,714        87,748  

Iluka Resources Ltd.

     13,285        65,849  

Incitec Pivot Ltd.

     108,926        220,745  

Insignia Financial Ltd.(a)

     48,824        76,257  

Insurance Australia Group Ltd.

     50,148        183,836  

IVE Group Ltd.(a)

     48,679        60,793  

JB Hi-Fi Ltd.(a)

     10,747        315,038  

Lendlease Corp. Ltd.(a)

     15,098        69,964  

Lovisa Holdings Ltd.

     5,501      68,664  

Macquarie Group Ltd.

     10,736        1,162,203  

McMillan Shakespeare Ltd.

     9,360        97,320  

Medibank Pvt Ltd.

     148,466        329,621  

Metcash Ltd.

     70,367        171,668  

Mineral Resources Ltd.(a)

     1,882        82,146  

Mirvac Group

     211,375        290,578  

Monadelphous Group Ltd.

     8,883        81,008  

National Australia Bank Ltd.

     156,228        2,931,114  

Navigator Global Investments Ltd.(a)

     113,089        98,168  

New Hope Corp. Ltd.

     78,078        319,986  

Nine Entertainment Co. Holdings Ltd.(a)

     151,052        199,852  

Northern Star Resources Ltd.

     25,272        170,608  

NRW Holdings Ltd.

     52,318        91,506  

Origin Energy Ltd.

     73,170        414,626  

Orora Ltd.(a)

     46,358        82,278  

Premier Investments Ltd.

     6,953        112,187  

QBE Insurance Group Ltd.

     32,022        324,678  

Qube Holdings Ltd.

     85,914        159,138  

REA Group Ltd.(a)

     1,660        165,333  

Reece Ltd.(a)

     8,767        105,413  

Region RE Ltd.(a)

     64,615        84,239  

Rio Tinto Ltd.

     32,052        2,348,936  

Rio Tinto PLC

     101,522        6,411,240  

Santos Ltd.

     82,043        418,309  

Scentre Group

     210,377        334,012  

SEEK Ltd.(a)

     8,828        125,746  

Seven Group Holdings Ltd.

     14,816        297,864  

Sims Ltd.

     17,846        155,836  

SmartGroup Corp. Ltd.(a)

     28,391        151,719  

Sonic Healthcare Ltd.

     17,146        329,768  

South32 Ltd.

     512,220        1,120,689  

Stockland

     207,507        524,986  

Suncorp Group Ltd.

     37,395        337,162  

Super Retail Group Ltd.

     20,259        156,771  

Telstra Group Ltd.

     629,886        1,565,134  

TPG Telecom Ltd.(a)

     52,465        184,881  

Transurban Group

     74,882        613,293  

Treasury Wine Estates Ltd.

     14,139        112,515  

Vicinity Ltd.

     247,378        270,620  

Viva Energy Group Ltd.(b)

     106,001        205,239  

Washington H Soul Pattinson & Co. Ltd.(a)

     11,203        235,639  

Waypoint REIT Ltd.

     39,338        57,125  

Wesfarmers Ltd.

     38,347        1,308,240  

Westpac Banking Corp.

     135,159        1,844,948  

Whitehaven Coal Ltd.

     50,777        233,005  

Woodside Energy Group Ltd.

     134,475        3,166,972  

Woolworths Group Ltd.

     25,802        621,475  

Worley Ltd.

     23,862        268,123  
     

 

 

 
Total Australia

 

     67,078,688  
Austria – 0.5%

 

ANDRITZ AG

     5,048        255,577  

BAWAG Group AG*(b)

     6,426        295,681  

 

See Notes to Financial Statements.

 

26   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Erste Group Bank AG

     19,287      $ 670,188  

Oesterreichische Post AG

     4,572        150,301  

OMV AG

     14,886        714,268  

Semperit AG Holding

     1,932        34,896  

Telekom Austria AG

     35,533        248,296  

Verbund AG

     1,485        121,142  

Vienna Insurance Group AG Wiener Versicherung Gruppe

     6,121        171,088  

Voestalpine AG

     8,104        221,710  

Wienerberger AG

     3,510        89,338  
     

 

 

 
Total Austria

 

     2,972,485  
Belgium – 1.0%

 

Ackermans & van Haaren NV

     634        96,056  

Aedifica SA

     1,043        59,465  

Ageas SA

     14,521        600,052  

Anheuser-Busch InBev SA

     13,601        756,147  

Bekaert SA

     2,435        109,413  

bpost SA

     14,878        81,675  

Cofinimmo SA

     2,374        163,124  

D’ieteren Group

     554        93,789  

Elia Group SA

     766        75,139  

Etablissements Franz Colruyt NV

     4,568        198,098  

Groupe Bruxelles Lambert NV

     2,885        215,525  

KBC Group NV

     24,202        1,515,396  

Melexis NV

     1,296        112,104  

Proximus SADP

     32,203        262,463  

Solvay SA

     3,467        384,871  

UCB SA

     2,578        211,642  

Umicore SA(a)

     4,903        116,539  

VGP NV

     1,831        170,497  

Warehouses De Pauw CVA

     7,467        185,309  
     

 

 

 
Total Belgium

 

     5,407,304  
Burkina Faso – 0.0%

 

Endeavour Mining PLC

     7,426        143,752  
China – 0.5%

 

BOC Aviation Ltd.(b)

     27,200        189,799  

BOC Hong Kong Holdings Ltd.

     524,444        1,436,356  

Prosus NV*

     10,869        321,291  

Wilmar International Ltd.

     227,700        622,259  
     

 

 

 
Total China

 

     2,569,705  
Denmark – 1.4%

 

Alm Brand AS

     66,433        99,887  

AP Moller – Maersk AS, Class B

     591        1,068,603  

Carlsberg AS, Class B

     2,161        273,500  

Chr Hansen Holding AS

     1,261        77,416  

Coloplast AS, Class B

     3,782        401,440  

D/S Norden AS

     3,893        217,224  

DSV AS

     1,432        268,175  

Novo Nordisk AS, Class B

     35,994        3,290,626  

Novozymes AS, Class B

     3,432        138,728  

Orsted AS(b)

     5,733        313,462  

Pandora AS

     3,773        391,914  

Royal Unibrew AS

     1,851      143,440  

Scandinavian Tobacco Group AS(b)

     8,025        122,485  

Schouw & Co. AS

     1,483        99,067  

Sydbank AS

     3,746        178,812  

Topdanmark AS

     6,001        261,402  

Tryg AS

     17,768        326,313  
     

 

 

 
Total Denmark

 

     7,672,494  
Finland – 1.4%

 

Anora Group Oyj(a)

     7,391        35,135  

Cargotec Oyj, Class B

     2,407        101,070  

Elisa Oyj

     9,266        430,578  

Fortum Oyj(a)

     49,827        580,034  

Huhtamaki Oyj(a)

     1,881        62,036  

Kesko Oyj, Class B

     18,040        324,125  

Kojamo Oyj(a)

     8,326        74,047  

Kone Oyj, Class B

     14,734        622,737  

Konecranes Oyj

     4,817        160,446  

Metsa Board Oyj, Class B(a)

     22,421        180,529  

Metso Oyj

     20,165        212,515  

Neste Oyj(a)

     11,163        379,739  

Nokia Oyj

     27,992        105,743  

Nordea Bank Abp

     186,410        2,061,042  

Orion Oyj, Class B

     3,885        153,095  

Sampo Oyj, Class A

     24,685        1,071,022  

Stora Enso Oyj, Class R(a)

     17,427        219,380  

TietoEVRY Oyj

     6,571        148,185  

UPM-Kymmene Oyj

     16,475        566,371  

Valmet Oyj(a)

     10,716        245,745  
     

 

 

 
Total Finland

 

     7,733,574  
France – 11.1%

 

Air Liquide SA

     7,757        1,312,722  

Airbus SE

     7,760        1,043,255  

ALD SA(b)

     37,812        293,645  

Alten SA

     779        102,766  

Arkema SA

     2,667        264,184  

AXA SA

     154,935        4,622,575  

BNP Paribas SA

     66,985        4,285,718  

Bollore SE

     39,915        215,104  

Bouygues SA

     16,683        585,356  

Bureau Veritas SA

     7,258        180,660  

Capgemini SE

     2,566        450,438  

Carrefour SA

     18,843        324,886  

Chargeurs SA(a)

     3        26  

Cie de Saint-Gobain SA

     13,596        818,774  

Cie Generale des Etablissements Michelin SCA

     22,904        704,936  

Coface SA

     21,092        269,760  

Danone SA

     19,298        1,067,764  

Dassault Aviation SA

     983        185,670  

Dassault Systemes SE

     6,744        252,014  

Edenred SE

     4,717        296,052  

Eiffage SA

     3,777        360,061  

Engie SA

     172,835        2,658,831  

 

See Notes to Financial Statements.

 

WisdomTree Trust      27  


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Eramet SA(a)

     1,383      $ 105,792  

EssilorLuxottica SA

     4,998        873,966  

Eurazeo SE

     1,761        105,249  

Gaztransport & Technigaz SA

     1,821        224,610  

Gecina SA

     4,002        409,941  

Hermes International SCA

     643        1,177,607  

Imerys SA

     2,958        87,690  

Ipsen SA

     1,065        140,044  

IPSOS SA

     3,073        141,659  

Kering SA

     2,357        1,077,795  

Klepierre SA

     17,745        436,434  

L’Oreal SA

     8,571        3,568,112  

La Francaise des Jeux SAEM(b)

     8,396        273,789  

Legrand SA

     4,957        458,170  

LVMH Moet Hennessy Louis Vuitton SE

     9,672        7,336,101  

Metropole Television SA

     13,441        170,483  

Nexans SA

     442        36,057  

Orange SA

     212,281        2,440,812  

Pernod Ricard SA

     6,169        1,030,986  

Publicis Groupe SA

     7,688        584,103  

Remy Cointreau SA(a)

     825        101,017  

Rexel SA

     14,314        322,800  

Rothschild & Co.

     5,164        211,041  

Rubis SCA

     6,093        137,019  

Sanofi

     36,544        3,926,359  

Sartorius Stedim Biotech

     304        72,740  

Schneider Electric SE

     9,675        1,608,010  

Societe Generale SA

     42,738        1,042,760  

Sodexo SA

     1,495        154,358  

Sopra Steria Group SACA

     724        150,164  

SPIE SA

     6,087        177,356  

Teleperformance SE

     466        58,909  

Television Francaise 1 SA(a)

     16,850        129,250  

Thales SA

     4,924        693,888  

TotalEnergies SE

     141,917        9,362,366  

Valeo SE

     3,983        68,864  

Veolia Environnement SA

     21,177        615,012  

Verallia SA(b)

     3,954        156,065  

Vinci SA

     15,176        1,687,418  

Vivendi SE

     33,092        290,660  

Wendel SE

     2,132        169,407  
     

 

 

 
Total France

 

     62,110,060  
Georgia – 0.0%

 

Bank of Georgia Group PLC

     4,550        204,924  
Germany – 7.5%

 

adidas AG

     4,783        843,764  

Allianz SE, Registered Shares

     17,469        4,174,390  

Aurubis AG

     1,287        95,574  

BASF SE

     47,974        2,181,537  

Bayer AG, Registered Shares

     28,068        1,350,637  

Bayerische Motoren Werke AG

     31,156        3,179,231  

Beiersdorf AG

     1,582        204,594  

Bilfinger SE

     3,013        103,484  

Brenntag SE

     4,001      311,266  

Dermapharm Holding SE

     2,627        108,806  

Deutsche Bank AG, Registered Shares

     32,107        355,230  

Deutsche Boerse AG

     3,029        524,978  

Deutsche Post AG, Registered Shares

     44,856        1,830,077  

Deutsche Telekom AG, Registered Shares

     187,965        3,953,890  

Deutz AG

     25,933        114,768  

DWS Group GmbH & Co. KGaA(b)

     15,836        539,877  

E.ON SE

     111,040        1,316,712  

Evonik Industries AG

     18,397        337,453  

Fielmann Group AG

     2,980        128,979  

Freenet AG

     9,338        219,285  

GEA Group AG

     2,924        108,229  

Hannover Rueck SE

     4,743        1,044,001  

Hapag-Lloyd AG(a)(b)

     13,488        2,459,088  

Heidelberg Materials AG

     7,308        568,850  

Henkel AG & Co. KGaA

     5,998        379,245  

HOCHTIEF AG

     2,620        265,603  

Hornbach Holding AG & Co. KGaA

     1,019        65,217  

Infineon Technologies AG

     11,440        379,775  

Kloeckner & Co. SE

     14,055        101,710  

Mercedes-Benz Group AG

     66,646        4,649,294  

Merck KGaA

     1,542        258,195  

Muenchener Rueckversicherungs - Gesellschaft AG, Registered Shares

     4,354        1,701,476  

Mutares SE & Co. KGaA

     5,207        151,881  

Puma SE

     2,939        182,966  

Rheinmetall AG

     673        173,788  

RWE AG

     12,830        477,469  

SAP SE

     17,082        2,221,270  

Siemens Healthineers AG(b)

     15,514        788,422  

Siltronic AG

     2,265        194,124  

Sixt SE

     1,253        116,477  

Stroeer SE & Co. KGaA

     2,228        99,309  

Suedzucker AG

     9,677        144,257  

Symrise AG

     1,648        157,592  

Talanx AG

     12,887        818,647  

Telefonica Deutschland Holding AG

     188,763        338,751  

United Internet AG, Registered Shares

     5,092        109,225  

Varta AG*(a)

     3,134        59,643  

Volkswagen AG

     9,627        1,271,016  

Wacker Chemie AG

     2,560        367,666  

Wacker Neuson SE

     3,866        78,997  
     

 

 

 
Total Germany

 

     41,606,715  
Hong Kong – 2.7%

 

AIA Group Ltd.

     218,365        1,780,244  

Bank of East Asia Ltd.

     126,600        157,121  

Champion REIT

     479,000        157,794  

CLP Holdings Ltd.

     108,000        799,122  

Dah Sing Banking Group Ltd.

     221,200        146,302  

Dah Sing Financial Holdings Ltd.

     33,200        70,200  

Fortune Real Estate Investment Trust

     215,000        129,024  

Hang Lung Group Ltd.

     111,000        156,469  

 

See Notes to Financial Statements.

 

28   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Hang Lung Properties Ltd.

     225,000      $ 307,973  

Hang Seng Bank Ltd.

     56,700        705,506  

Henderson Land Development Co. Ltd.

     303,859        801,176  

Hong Kong & China Gas Co. Ltd.

     718,570        500,953  

Hong Kong Exchanges & Clearing Ltd.

     31,829        1,189,140  

Hutchison Port Holdings Trust

     984,700        169,368  

Hysan Development Co. Ltd.

     74,000        143,430  

Link REIT

     160,273        785,827  

MTR Corp. Ltd.

     287,553        1,138,191  

New World Development Co. Ltd.

     232,000        451,449  

PCCW Ltd.

     1,152,000        525,117  

Power Assets Holdings Ltd.

     187,000        904,933  

Singamas Container Holdings Ltd.

     514,000        36,096  

Sino Land Co. Ltd.

     496,201        559,441  

Sun Hung Kai Properties Ltd.

     178,000        1,904,582  

Swire Pacific Ltd., Class A

     29,500        199,069  

Swire Pacific Ltd., Class B

     207,500        226,792  

Swire Properties Ltd.

     249,600        520,754  

Techtronic Industries Co. Ltd.

     39,500        383,307  
     

 

 

 
Total Hong Kong

 

     14,849,380  
Indonesia – 0.0%

 

Bumitama Agri Ltd.

     142,800        59,635  

Nickel Industries Ltd.(a)

     211,497        102,375  
     

 

 

 
Total Indonesia

 

     162,010  
Ireland – 0.4%

 

AIB Group PLC

     29,278        132,052  

CRH PLC

     21,534        1,193,788  

Glanbia PLC

     10,173        168,130  

Kerry Group PLC, Class A

     1,476        123,736  

Kingspan Group PLC

     1,530        114,947  

Smurfit Kappa Group PLC

     8,548        285,624  
     

 

 

 
Total Ireland

 

     2,018,277  
Israel – 0.7%

 

Alony Hetz Properties & Investments Ltd.

     8,830        60,537  

Amot Investments Ltd.

     24,848        120,422  

Ashtrom Group Ltd.

     5,363        73,155  

Azrieli Group Ltd.

     2,473        126,930  

Bank Hapoalim BM

     36,831        327,870  

Bank Leumi Le-Israel BM

     87,449        723,803  

Bezeq The Israeli Telecommunication Corp. Ltd.

     122,486        172,774  

Delek Automotive Systems Ltd.

     10,091        62,290  

Elbit Systems Ltd.

     735        146,363  

FIBI Holdings Ltd.

     2,720        123,604  

First International Bank of Israel Ltd.

     3,052        131,155  

Gav-Yam Lands Corp. Ltd.

     20,895        132,824  

Harel Insurance Investments & Financial Services Ltd.

     10,329        81,720  

ICL Group Ltd.

     117,273        649,052  

Israel Discount Bank Ltd., Class A

     31,465        170,177  

Mehadrin Ltd.*

     0        3  

Mizrahi Tefahot Bank Ltd.

     12,683        460,079  

Oil Refineries Ltd.

     236,141        78,093  

Phoenix Holdings Ltd.

     12,287      127,873  

Plus500 Ltd.

     8,291        139,347  

Strauss Group Ltd.*

     5,224        109,873  
     

 

 

 
Total Israel

 

     4,017,944  
Italy – 2.5%

 

A2A SpA

     193,655        345,684  

ACEA SpA(a)

     13,294        145,114  

Amplifon SpA(a)

     2,352        70,024  

Anima Holding SpA(b)

     48,850        205,328  

Assicurazioni Generali SpA

     72,663        1,489,787  

Azimut Holding SpA

     8,104        177,437  

Banca Generali SpA

     4,920        174,555  

Banca Mediolanum SpA

     39,987        343,008  

Banca Popolare di Sondrio SpA

     23,569        121,674  

Banco BPM SpA

     77,045        369,926  

BPER Banca

     50,840        155,936  

Credito Emiliano SpA

     34,158        281,362  

Cromwell European Real Estate Investment Trust

     67,900        92,018  

De’ Longhi SpA

     6,119        133,587  

DiaSorin SpA(a)

     313        28,639  

Eni SpA(a)

     202,544        3,271,550  

ERG SpA

     8,541        206,537  

Ferrari NV

     1,489        440,941  

FinecoBank Banca Fineco SpA

     12,374        150,858  

Hera SpA

     64,590        177,116  

Infrastrutture Wireless Italiane SpA(b)

     29,858        356,111  

Iren SpA

     80,158        154,883  

Italgas SpA

     71,945        369,585  

Mediobanca Banca di Credito Finanziario SpA

     63,830        846,778  

Moncler SpA

     2,232        130,161  

Piaggio & C SpA

     42,238        135,321  

Poste Italiane SpA(b)

     67,691        714,385  

Recordati Industria Chimica e Farmaceutica SpA

     6,300        298,221  

Snam SpA

     215,832        1,016,651  

Terna – Rete Elettrica Nazionale

     93,894        708,596  

Unieuro SpA(a)(b)

     3,011        27,002  

Unipol Gruppo SpA

     26,622        144,369  

UnipolSai Assicurazioni SpA

     250,381        605,998  
     

 

 

 
Total Italy

 

     13,889,142  
Japan – 21.3%

 

77 Bank Ltd.(a)

     5,500        116,837  

ABC-Mart, Inc.

     4,200        75,655  

ADEKA Corp.

     7,600        130,202  

Advantest Corp.(a)

     13,600        381,046  

Aeon Co. Ltd.

     12,000        238,231  

Aeon Delight Co. Ltd.

     6,100        134,488  

Aeon Mall Co. Ltd.(a)

     8,700        102,610  

AGC, Inc.

     10,600        372,501  

Air Water, Inc.

     12,100        151,062  

Aisin Corp.(a)

     11,300        427,844  

Ajinomoto Co., Inc.

     7,600        293,559  

Amada Co. Ltd.(a)

     17,900        180,469  

Aozora Bank Ltd.(a)

     11,400        233,386  

 

See Notes to Financial Statements.

 

WisdomTree Trust      29  


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

ARE Holdings, Inc.(a)

     6,000      $ 76,274  

Asahi Group Holdings Ltd.

     11,100        415,808  

Asahi Kasei Corp.

     38,790        244,320  

Astellas Pharma, Inc.

     39,700        551,769  

Azbil Corp.

     2,500        76,696  

Bandai Namco Holdings, Inc.

     16,200        330,242  

Benesse Holdings, Inc.(a)

     3,000        36,780  

Bridgestone Corp.

     17,700        691,394  

Brother Industries Ltd.

     6,100        98,454  

Canon Marketing Japan, Inc.

     4,200        109,120  

Canon, Inc.

     32,200        777,892  

Capcom Co. Ltd.

     4,200        151,563  

Casio Computer Co. Ltd.(a)

     12,800        107,521  

Central Japan Railway Co.

     4,500        109,616  

Chiba Bank Ltd.

     22,300        162,515  

Chubu Electric Power Co., Inc.

     27,000        345,043  

Chugai Pharmaceutical Co. Ltd.

     43,600        1,351,023  

Citizen Watch Co. Ltd.(a)

     18,100        111,590  

CKD Corp.

     6,100        84,249  

Concordia Financial Group Ltd.

     64,000        292,283  

Cosmo Energy Holdings Co. Ltd.

     6,700        236,167  

Dai Nippon Printing Co. Ltd.

     7,100        185,083  

Dai-ichi Life Holdings, Inc.

     30,633        635,754  

Daicel Corp.

     27,900        233,894  

Daido Steel Co. Ltd.(a)

     2,200        89,651  

Daiichi Sankyo Co. Ltd.

     10,100        277,907  

Daiichikosho Co. Ltd.

     11,200        182,195  

Daikin Industries Ltd.

     3,200        503,401  

Daishi Hokuetsu Financial Group, Inc.

     9,200        233,969  

Daito Trust Construction Co. Ltd.

     3,700        390,518  

Daiwa House Industry Co. Ltd.

     21,800        586,544  

Daiwa Securities Group, Inc.(a)

     82,700        478,327  

DCM Holdings Co. Ltd.

     11,100        90,303  

Denka Co. Ltd.(a)

     3,100        56,152  

Denso Corp.

     63,200        1,016,875  

Dentsu Group, Inc.

     7,000        206,400  

DIC Corp.

     4,400        71,606  

Disco Corp.

     3,000        554,465  

Doshisha Co. Ltd.(a)

     17,400        260,023  

Doutor Nichires Holdings Co. Ltd.

     9,900        154,579  

Dowa Holdings Co. Ltd.

     2,100        65,452  

East Japan Railway Co.

     3,000        171,989  

Ebara Corp.

     3,200        150,302  

EDION Corp.(a)

     12,000        118,854  

Eisai Co. Ltd.

     4,300        239,284  

Electric Power Development Co. Ltd.

     8,500        137,732  

ENEOS Holdings, Inc.

     171,900        679,536  

Exedy Corp.

     11,400        199,696  

FANUC Corp.

     21,200        553,068  

Fast Retailing Co. Ltd.

     2,400        524,148  

Fuji Electric Co. Ltd.

     5,300        239,597  

FUJIFILM Holdings Corp.

     8,000        464,158  

Fujitec Co. Ltd.(a)

     5,300        122,533  

Fujitsu Ltd.(a)

     3,100        365,622  

Fukuoka Financial Group, Inc.

     11,500      275,815  

Furukawa Battery Co. Ltd.

     6,400        41,816  

Furuya Metal Co. Ltd.

     300        20,767  

G-Tekt Corp.

     9,600        117,085  

Goldcrest Co. Ltd.(a)

     8,500        126,282  

GS Yuasa Corp.(a)

     4,400        78,520  

Gunze Ltd.

     5,200        157,159  

H.U. Group Holdings, Inc.(a)

     4,900        83,404  

Hachijuni Bank Ltd.(a)

     56,800        313,984  

Hakuhodo DY Holdings, Inc.(a)

     9,400        77,449  

Hamamatsu Photonics KK

     2,700        113,971  

Hankyu Hanshin Holdings, Inc.

     5,900        201,681  

Haseko Corp.(a)

     24,900        318,206  

Heiwa Corp.(a)

     8,600        123,619  

Hioki EE Corp.

     2,000        96,901  

Hirose Electric Co. Ltd.

     2,100        243,739  

Hisamitsu Pharmaceutical Co., Inc.

     4,300        156,958  

Hitachi Construction Machinery Co. Ltd.

     6,700        204,109  

Hitachi Ltd.

     16,000        994,471  

Honda Motor Co. Ltd.

     153,600        1,731,313  

Hoya Corp.

     3,100        318,362  

Hulic Co. Ltd.

     17,200        154,567  

Ichibanya Co. Ltd.

     3,700        135,132  

Idemitsu Kosan Co. Ltd.

     13,651        314,506  

IHI Corp.(a)

     5,100        107,144  

Iida Group Holdings Co. Ltd.

     7,200        119,972  

Iino Kaiun Kaisha Ltd.(a)

     14,800        104,039  

Information Services International-Dentsu Ltd.

     2,600        99,662  

INFRONEER Holdings, Inc.

     25,600        265,564  

Inpex Corp.

     50,400        761,953  

Isetan Mitsukoshi Holdings Ltd.(a)

     12,100        140,400  

Isuzu Motors Ltd.(a)

     29,100        366,712  

ITOCHU Corp.(a)

     44,500        1,612,109  

IwaiCosmo Holdings, Inc.(a)

     19,700        230,631  

Izumi Co. Ltd.

     4,600        122,040  

Japan Exchange Group, Inc.

     13,900        258,392  

Japan Metropolitan Fund Invest

     232        150,806  

Japan Post Holdings Co. Ltd.

     138,400        1,110,632  

Japan Post Insurance Co. Ltd.

     17,800        300,653  

Japan Tobacco, Inc.

     93,644        2,158,722  

Joshin Denki Co. Ltd.

     11,300        178,104  

JTEKT Corp.

     16,700        157,907  

K’s Holdings Corp.(a)

     11,100        102,055  

Kajima Corp.

     16,900        275,598  

Kaken Pharmaceutical Co. Ltd.

     5,800        136,036  

Kamigumi Co. Ltd.(a)

     8,400        173,376  

Kaneka Corp.(a)

     3,800        98,855  

Kansai Electric Power Co., Inc.

     33,756        469,949  

Kao Corp.

     10,200        379,428  

Kawasaki Kisen Kaisha Ltd.(a)

     21,900        749,054  

KDDI Corp.

     77,600        2,380,132  

Keyence Corp.

     1,100        409,114  

Kikkoman Corp.

     1,600        84,104  

Kirin Holdings Co. Ltd.

     30,800        431,995  

 

See Notes to Financial Statements.

 

30   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Kobe Steel Ltd.(a)

     24,500      $ 319,990  

Koei Tecmo Holdings Co. Ltd.

     7,600        108,251  

Komatsu Ltd.

     26,900        728,810  

Konami Group Corp.(a)

     2,800        147,989  

Kurabo Industries Ltd.

     6,000        98,107  

Kuraray Co. Ltd.

     15,400        182,767  

Kyowa Kirin Co. Ltd.

     9,600        167,522  

Kyudenko Corp.(a)

     4,800        150,731  

Kyushu Financial Group, Inc.(a)

     34,900        180,318  

Kyushu Railway Co.

     8,000        170,427  

Lawson, Inc.

     2,300        105,918  

Lintec Corp.

     4,500        72,148  

Macnica Holdings, Inc.

     3,800        179,018  

Marubeni Corp.

     101,000        1,578,368  

Maruichi Steel Tube Ltd.

     7,200        179,487  

Matsui Securities Co. Ltd.(a)

     21,800        119,938  

Mazda Motor Corp.

     18,500        210,322  

Medipal Holdings Corp.

     6,700        113,481  

MEIJI Holdings Co. Ltd.

     11,200        278,902  

Mitsubishi Chemical Group Corp.

     51,100        322,814  

Mitsubishi Corp.

     64,200        3,066,628  

Mitsubishi Electric Corp.

     40,800        505,540  

Mitsubishi Estate Co. Ltd.

     22,100        289,533  

Mitsubishi Gas Chemical Co., Inc.(a)

     11,800        159,139  

Mitsubishi Heavy Industries Ltd.

     7,400        413,874  

Mitsubishi Logistics Corp.

     3,700        98,485  

Mitsubishi Materials Corp.

     6,300        102,126  

Mitsubishi UFJ Financial Group, Inc.

     438,400        3,726,657  

Mitsuboshi Belting Ltd.(a)

     3,700        113,808  

Mitsui & Co. Ltd.

     70,100        2,547,511  

Mitsui Chemicals, Inc.

     11,800        306,575  

Mitsui Fudosan Co. Ltd.

     14,900        328,903  

Mitsui High-Tec, Inc.(a)

     500        26,001  

Mitsui Mining & Smelting Co. Ltd.(a)

     5,900        150,045  

Mitsui OSK Lines Ltd.(a)

     44,100        1,214,616  

MIXI, Inc.(a)

     5,000        79,444  

Mizuho Financial Group, Inc.(a)

     94,230        1,604,546  

Mizuho Medy Co. Ltd.(a)

     3,000        59,487  

Mizuno Corp.(a)

     3,800        120,704  

MS&AD Insurance Group Holdings, Inc.(a)

     22,430        825,953  

Murata Manufacturing Co. Ltd.

     34,200        626,589  

Musashi Seimitsu Industry Co. Ltd.

     6,200        67,516  

Nabtesco Corp.

     5,000        90,350  

NEC Corp.

     6,300        348,764  

NGK Insulators Ltd.(a)

     15,500        205,870  

NHK Spring Co. Ltd.

     17,500        134,160  

Nichirei Corp.(a)

     5,500        121,076  

Nikkon Holdings Co. Ltd.

     6,300        133,452  

Nikon Corp.

     9,000        95,081  

Nintendo Co. Ltd.

     33,400        1,394,418  

Nippon Denko Co. Ltd.(a)

     24,200        49,300  

Nippon Electric Glass Co. Ltd.

     9,500        177,363  

NIPPON EXPRESS HOLDINGS, Inc.

     3,900        203,932  

Nippon Gas Co. Ltd.

     7,900        117,315  

Nippon Kayaku Co. Ltd.

     18,400      154,068  

Nippon Light Metal Holdings Co. Ltd.

     2,700        30,451  

Nippon Shinyaku Co. Ltd.

     2,300        97,549  

Nippon Steel Corp.(a)

     56,900        1,336,468  

Nippon Telegraph & Telephone Corp.

     3,047,300        3,606,321  

Nippon Yusen KK(a)

     62,300        1,622,368  

Nishi-Nippon Financial Holdings, Inc.(a)

     14,000        160,241  

Nishimatsu Construction Co. Ltd.(a)

     5,600        139,151  

Nissan Chemical Corp.

     3,400        144,886  

Nissan Motor Co. Ltd.

     32,300        142,923  

Nisshinbo Holdings, Inc.

     24,700        184,060  

Nissin Foods Holdings Co. Ltd.

     3,100        258,117  

Niterra Co. Ltd.

     14,800        335,622  

Nitto Denko Corp.(a)

     5,600        368,067  

Noevir Holdings Co. Ltd.

     5,200        184,339  

NOF Corp.

     4,300        172,202  

Nomura Holdings, Inc.

     83,000        333,224  

Nomura Real Estate Holdings, Inc.

     10,800        271,619  

Nomura Research Institute Ltd.

     10,900        284,361  

Noritake Co. Ltd.

     3,400        141,719  

NTT Data Group Corp.

     13,300        178,655  

Obic Co. Ltd.

     1,600        243,230  

Oji Holdings Corp.

     24,600        103,692  

Okamura Corp.

     9,800        148,486  

Oki Electric Industry Co. Ltd.(a)

     19,200        129,437  

Olympus Corp.

     8,800        114,493  

Ono Pharmaceutical Co. Ltd.

     10,100        194,115  

Open House Group Co. Ltd.

     2,900        98,607  

Oracle Corp.

     3,400        252,907  

Osaka Gas Co. Ltd.

     10,400        171,585  

Otsuka Corp.

     5,000        212,163  

Otsuka Holdings Co. Ltd.

     10,900        388,083  

Panasonic Holdings Corp.

     51,100        575,977  

Penta-Ocean Construction Co. Ltd.

     18,400        109,642  

Pola Orbis Holdings, Inc.

     9,300        111,961  

Recruit Holdings Co. Ltd.

     9,200        284,153  

Resona Holdings, Inc.

     75,100        416,856  

Resonac Holdings Corp.(a)

     5,300        88,970  

Ricoh Co. Ltd.

     10,700        92,534  

Rohm Co. Ltd.

     4,800        90,612  

San-In Godo Bank Ltd.

     21,600        140,116  

Sankyo Co. Ltd.

     2,000        91,861  

Santen Pharmaceutical Co. Ltd.

     11,800        108,610  

Sanwa Holdings Corp.

     13,500        179,849  

SBI Holdings, Inc.(a)

     17,500        369,174  

SCREEN Holdings Co. Ltd.(a)

     3,400        165,893  

SCSK Corp.

     9,500        166,095  

Secom Co. Ltd.

     4,500        305,780  

Sega Sammy Holdings, Inc.

     11,100        205,226  

Seiko Epson Corp.(a)

     11,300        177,915  

Sekisui Chemical Co. Ltd.

     14,200        204,876  

Sekisui House Ltd.

     26,800        534,653  

Senko Group Holdings Co. Ltd.

     12,500        87,787  

Seria Co. Ltd.

     7,900        116,574  

 

See Notes to Financial Statements.

 

WisdomTree Trust      31  


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Seven & I Holdings Co. Ltd.

     13,300      $ 521,839  

SG Holdings Co. Ltd.

     12,300        157,846  

Shibusawa Warehouse Co. Ltd.(a)

     10,400        212,216  

Shiga Bank Ltd.(a)

     5,400        126,654  

Shimamura Co. Ltd.

     1,900        188,058  

Shimano, Inc.

     800        108,105  

Shin-Etsu Chemical Co. Ltd.

     49,800        1,449,364  

Shionogi & Co. Ltd.

     7,000        313,634  

Shiseido Co. Ltd.

     4,100        144,245  

SMC Corp.

     900        403,967  

Sodick Co. Ltd.

     21,100        103,503  

SoftBank Corp.

     315,800        3,577,550  

Sojitz Corp.(a)

     16,100        353,666  

Sompo Holdings, Inc.(a)

     15,200        655,263  

Square Enix Holdings Co. Ltd.

     2,600        89,295  

St. Marc Holdings Co. Ltd.(a)

     13,800        175,060  

Stanley Electric Co. Ltd.

     5,700        90,241  

Starts Corp., Inc.(a)

     6,000        117,447  

Subaru Corp.

     15,400        299,899  

SUMCO Corp.

     8,200        107,099  

Sumitomo Bakelite Co. Ltd.

     2,800        122,395  

Sumitomo Chemical Co. Ltd.

     70,700        192,829  

Sumitomo Corp.(a)

     80,200        1,603,731  

Sumitomo Electric Industries Ltd.

     23,000        277,665  

Sumitomo Forestry Co. Ltd.

     12,700        323,915  

Sumitomo Heavy Industries Ltd.

     10,500        266,819  

Sumitomo Metal Mining Co. Ltd.

     13,900        409,758  

Sumitomo Mitsui Financial Group, Inc.

     54,300        2,673,427  

Sumitomo Mitsui Trust Holdings, Inc.

     13,107        494,592  

Sumitomo Realty & Development Co. Ltd.

     8,300        216,142  

Sumitomo Rubber Industries Ltd.

     6,700        74,128  

Sun Frontier Fudousan Co. Ltd.

     18,500        186,705  

Sundrug Co. Ltd.

     4,800        130,434  

Suntory Beverage & Food Ltd.

     6,000        182,945  

Suzuki Motor Corp.

     9,200        370,898  

T&D Holdings, Inc.

     22,100        365,507  

Taiheiyo Cement Corp.

     5,400        95,895  

Taisei Corp.

     7,100        250,314  

Taiyo Yuden Co. Ltd.(a)

     3,100        84,114  

Takara Holdings, Inc.

     18,700        150,502  

Takara Standard Co. Ltd.(a)

     13,300        165,153  

Takashimaya Co. Ltd.

     15,800        231,666  

Takeda Pharmaceutical Co. Ltd.(a)

     55,100        1,713,648  

TDK Corp.

     6,400        237,687  

Teijin Ltd.

     6,600        64,264  

Terumo Corp.

     7,300        193,868  

TIS, Inc.

     5,400        119,164  

Tocalo Co. Ltd.

     14,800        135,082  

Toda Corp.

     17,800        96,571  

Toho Co. Ltd.

     1,900        64,961  

Tokio Marine Holdings, Inc.

     81,300        1,887,784  

Tokuyama Corp.

     9,900        155,906  

Tokyo Electron Ltd.

     14,400        1,972,431  

Tokyo Gas Co. Ltd.

     15,100        343,134  

Tokyo Ohka Kogyo Co. Ltd.

     1,200      71,538  

Tokyo Seimitsu Co. Ltd.

     2,800        140,539  

Tokyo Steel Manufacturing Co. Ltd.(a)

     4,300        48,554  

Tokyo Tatemono Co. Ltd.

     6,200        85,921  

Tokyu Corp.(a)

     8,400        97,045  

Tokyu Fudosan Holdings Corp.

     18,800        115,780  

Toray Industries, Inc.

     24,900        129,819  

Tosoh Corp.

     17,400        223,643  

TOTO Ltd.

     4,000        103,548  

Toyo Seikan Group Holdings Ltd.

     14,200        232,900  

Toyo Suisan Kaisha Ltd.

     2,400        94,327  

Toyo Tire Corp.

     7,000        107,985  

Toyoda Gosei Co. Ltd.

     8,800        189,416  

Toyota Boshoku Corp.

     10,400        189,984  

Toyota Motor Corp.

     346,350        6,214,456  

Toyota Tsusho Corp.

     11,400        671,891  

TPR Co. Ltd.

     12,600        154,096  

Transcosmos, Inc.(a)

     4,000        85,642  

Trend Micro, Inc.

     5,200        197,511  

Tsumura & Co.

     5,400        100,600  

Tsuruha Holdings, Inc.

     900        60,583  

UBE Corp.

     7,400        125,040  

Ulvac, Inc.

     900        32,538  

Unicharm Corp.

     4,700        166,646  

USS Co. Ltd.

     13,700        226,994  

V Technology Co. Ltd.(a)

     6,600        91,907  

Wacoal Holdings Corp.

     5,900        133,637  

Wacom Co. Ltd.

     12,000        47,686  

West Japan Railway Co.

     3,000        124,342  

Wowow, Inc.

     13,200        100,487  

Yakult Honsha Co. Ltd.

     7,400        180,159  

Yamada Holdings Co. Ltd.

     25,500        78,521  

Yamaguchi Financial Group, Inc.

     22,400        196,718  

Yamaha Motor Co. Ltd.

     12,800        337,187  

Yamato Holdings Co. Ltd.

     7,300        119,119  

Yaskawa Electric Corp.(a)

     3,800        137,383  

Yokogawa Electric Corp.

     10,600        205,181  

Yokohama Rubber Co. Ltd.

     7,100        148,066  

Yondoshi Holdings, Inc.

     12,600        159,247  

ZOZO, Inc.(a)

     5,500        101,081  
     

 

 

 
Total Japan

 

     118,597,874  
Netherlands – 2.0%

 

Aalberts NV

     4,190        153,846  

Aegon NV(a)

     76,877        372,945  

ASM International NV(a)

     476        200,326  

ASML Holding NV

     2,880        1,704,808  

ASR Nederland NV

     10,828        407,206  

BE Semiconductor Industries NV

     4,570        449,979  

CTP NV(a)(b)

     11,973        171,639  

Euronext NV(b)

     2,842        198,592  

Ferrovial SE(a)

     16,494        505,904  

Heineken Holding NV

     4,492        339,572  

Heineken NV

     9,358        826,904  

 

See Notes to Financial Statements.

 

32   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

JDE Peet’s NV

     7,888      $ 220,644  

Koninklijke Ahold Delhaize NV

     27,066        817,273  

Koninklijke Heijmans NV

     8,154        92,374  

Koninklijke KPN NV

     233,232        770,188  

Koninklijke Vopak NV

     6,575        225,685  

NN Group NV

     15,306        493,287  

OCI NV*

     23,756        663,752  

Randstad NV

     12,272        680,572  

RHI Magnesita NV

     3,763        127,775  

SBM Offshore NV(a)

     13,027        171,439  

Signify NV(b)

     4,661        125,888  

Universal Music Group NV(a)

     25,201        659,835  

Wolters Kluwer NV(a)

     5,084        617,125  
     

 

 

 
Total Netherlands

 

     10,997,558  
Norway – 2.0%

 

AF Gruppen ASA

     15,484        181,311  

Aker ASA, Class A

     3,127        193,806  

Aker BP ASA

     29,387        817,468  

Atea ASA*

     7,325        91,968  

Austevoll Seafood ASA

     14,322        101,282  

DNB Bank ASA

     86,649        1,755,642  

Entra ASA(b)

     7,735        66,585  

Equinor ASA

     79,110        2,610,645  

Gjensidige Forsikring ASA

     25,756        381,226  

Kid ASA(b)

     13,313        110,474  

Leroy Seafood Group ASA

     29,226        123,267  

Mowi ASA

     15,649        278,762  

MPC Container Ships ASA

     67,249        110,187  

Norsk Hydro ASA

     72,190        455,900  

Orkla ASA

     34,460        259,012  

Salmar ASA

     5,823        297,365  

Selvaag Bolig ASA

     26,593        70,976  

SpareBank 1 Nord Norge

     21,747        195,585  

SpareBank 1 SR-Bank ASA

     12,194        140,609  

Storebrand ASA

     16,651        136,390  

Telenor ASA

     160,724        1,835,189  

Veidekke ASA

     12,904        118,358  

Wallenius Wilhelmsen ASA

     11,160        88,728  

Yara International ASA

     12,878        490,511  
     

 

 

 
Total Norway

 

     10,911,246  
Portugal – 0.4%

 

EDP – Energias de Portugal SA

     137,499        572,991  

Galp Energia SGPS SA

     30,308        450,524  

Jeronimo Martins SGPS SA

     22,533        507,196  

Navigator Co. SA

     48,049        181,511  

NOS SGPS SA

     27,012        99,582  

REN – Redes Energeticas Nacionais SGPS SA

     68,524        175,570  

Sonae SGPS SA

     76,779        74,787  
     

 

 

 
Total Portugal

 

     2,062,161  
Singapore – 2.6%

 

Bukit Sembawang Estates Ltd.

     87,100        246,323  

CapitaLand Ascendas REIT

     213,200        429,555  

CapitaLand Ascott Trust

     172,474      121,309  

CapitaLand Integrated Commercial Trust

     363,900        493,234  

CapitaLand Investment Ltd.

     216,800        492,402  

City Developments Ltd.

     26,900        130,273  

ComfortDelGro Corp. Ltd.

     83,100        79,149  

DBS Group Holdings Ltd.

     115,976        2,858,402  

Frasers Centrepoint Trust

     41,700        66,908  

Frasers Logistics & Commercial Trust

     290,900        228,048  

Genting Singapore Ltd.

     351,500        217,611  

Jardine Cycle & Carriage Ltd.

     20,355        476,178  

Jiutian Chemical Group Ltd.

     1,066,200        24,997  

Kenon Holdings Ltd.

     4,689        108,388  

Keppel Corp. Ltd.

     69,500        346,252  

Keppel DC REIT

     88,600        135,019  

Keppel Infrastructure Trust

     406,320        138,427  

Keppel REIT(a)

     206,700        129,481  

Mapletree Industrial Trust

     146,900        243,237  

Mapletree Logistics Trust

     153,400        188,814  

Mapletree Pan Asia Commercial Trust

     168,800        176,851  

Netlink NBN Trust

     382,000        235,094  

Olam Group Ltd.

     250,100        192,399  

OUE Commercial Real Estate Investment Trust

     359,000        61,810  

Oversea-Chinese Banking Corp. Ltd.

     216,395        2,030,933  

Raffles Medical Group Ltd.

     131,500        120,430  

Sembcorp Industries Ltd.

     81,300        303,185  

Sheng Siong Group Ltd.

     181,900        202,570  

Singapore Exchange Ltd.

     54,800        391,457  

Singapore Post Ltd.

     316,700        112,535  

Singapore Technologies Engineering Ltd.

     147,162        421,572  

Singapore Telecommunications Ltd.

     664,300        1,177,820  

Suntec Real Estate Investment Trust

     160,000        135,981  

United Overseas Bank Ltd.

     85,301        1,781,140  

Venture Corp. Ltd.

     10,800        97,880  

Wing Tai Holdings Ltd.

     115,200        118,163  
     

 

 

 
Total Singapore

 

     14,713,827  
Spain – 3.9%

 

Acciona SA(a)

     1,623        207,405  

Acerinox SA

     15,775        153,055  

ACS Actividades de Construccion y Servicios SA

     26,985        973,392  

Atresmedia Corp. de Medios de Comunicacion SA

     32,541        126,097  

Banco Bilbao Vizcaya Argentaria SA

     261,534        2,134,892  

Banco de Sabadell SA

     159,449        185,783  

Banco Santander SA

     477,973        1,831,156  

Bankinter SA(a)

     37,671        241,060  

CaixaBank SA

     235,516        944,049  

Cia de Distribucion Integral Logista Holdings SA

     9,486        243,048  

CIE Automotive SA

     5,419        147,106  

EDP Renovaveis SA(a)

     6,202        101,877  

Enagas SA

     17,874        296,730  

Endesa SA

     103,424        2,110,616  

Faes Farma SA

     44,921        152,192  

Fluidra SA(a)

     11,707        240,087  

 

See Notes to Financial Statements.

 

WisdomTree Trust      33  


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Fomento de Construcciones y Contratas SA(a)

     15,833      $ 199,817  

Grupo Catalana Occidente SA(a)

     7,745        250,101  

Iberdrola SA

     212,512        2,383,844  

Industria de Diseno Textil SA

     85,502        3,194,636  

Inmobiliaria Colonial Socimi SA(a)

     22,803        129,888  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros(a)

     85,713        79,405  

Mapfre SA(a)

     207,836        424,690  

Merlin Properties Socimi SA

     51,790        437,839  

Naturgy Energy Group SA(a)

     52,039        1,419,281  

Redeia Corp. SA

     23,330        367,916  

Repsol SA

     59,130        974,743  

Sacyr SA(a)

     43,767        128,913  

Telefonica SA(a)

     367,486        1,504,945  

Unicaja Banco SA(b)

     115,607        124,724  

Viscofan SA(a)

     2,528        154,703  
     

 

 

 
Total Spain

 

     21,863,990  
Sweden – 2.3%

 

AFRY AB

     7,597        89,786  

Alfa Laval AB

     6,947        240,301  

Assa Abloy AB, Class B

     15,171        332,628  

Atlas Copco AB, Class A

     41,137        557,558  

Atlas Copco AB, Class B

     24,837        293,082  

Avanza Bank Holding AB(a)

     5,764        100,486  

Axfood AB

     8,904        205,221  

Billerud Aktiebolag

     10,759        100,369  

Boliden AB

     8,693        251,608  

Dometic Group AB(b)

     13,372        85,247  

Epiroc AB, Class A

     19,541        374,121  

EQT AB(a)

     10,383        207,293  

Essity AB, Class B

     15,473        335,973  

Evolution AB(b)

     2,794        284,538  

Fabege AB(a)

     13,450        108,103  

Hexagon AB, Class B

     18,974        163,085  

Hexpol AB

     18,978        169,705  

Husqvarna AB, Class B(a)

     27,364        210,919  

Industrivarden AB, Class A

     5,454        144,982  

Industrivarden AB, Class C(a)

     3,998        106,204  

Investment AB Latour, Class B(a)

     8,629        153,094  

JM AB

     7,439        101,545  

Lifco AB, Class B

     8,827        155,957  

Lindab International AB

     3,658        53,872  

Loomis AB

     4,761        129,102  

NCC AB, Class B

     10,511        114,551  

Nibe Industrier AB, Class B

     8,815        58,257  

Nordnet AB publ

     11,897        158,127  

Saab AB, Class B

     2,355        120,696  

Samhallsbyggnadsbolaget i Norden AB, Class D(a)

     3,909        1,550  

Sandvik AB

     23,612        438,153  

Securitas AB, Class B(a)

     15,264        121,756  

Skandinaviska Enskilda Banken AB, Class A

     73,301        881,499  

SKF AB, Class B

     13,636        228,622  

SSAB AB, Class A

     37,602        213,549  

SSAB AB, Class B

     73,514      406,674  

Svenska Cellulosa AB SCA, Class B

     12,825        177,013  

Svenska Handelsbanken AB, Class A

     66,739        599,313  

Swedbank AB, Class A

     69,659        1,290,694  

Tele2 AB, Class B

     36,444        280,705  

Telefonaktiebolaget LM Ericsson, Class B(a)

     91,184        447,603  

Telia Co. AB

     281,373        584,543  

Thule Group AB(a)(b)

     9,030        238,463  

Trelleborg AB, Class B

     7,530        188,662  

Volvo AB, Class A

     12,828        268,505  

Volvo AB, Class B

     37,382        776,254  

Wihlborgs Fastigheter AB

     20,098        141,427  
     

 

 

 
Total Sweden

 

     12,691,395  
Switzerland – 9.3%

 

ABB Ltd., Registered Shares

     45,053        1,615,368  

Baloise Holding AG, Registered Shares

     2,900        421,305  

Banque Cantonale Vaudoise, Registered Shares(a)

     4,387        460,616  

BKW AG

     1,531        270,285  

Cembra Money Bank AG

     1,271        86,558  

Cie Financiere Richemont SA, Class A, Registered Shares

     8,800        1,077,394  

Clariant AG, Registered Shares

     4,459        70,677  

Coca-Cola HBC AG

     8,830        242,385  

DKSH Holding AG

     2,372        160,890  

DSM-Firmenich AG

     3,121        264,778  

EFG International AG*

     17,989        204,510  

Galenica AG(b)

     2,182        161,599  

Geberit AG, Registered Shares

     888        445,553  

Givaudan SA, Registered Shares

     143        468,017  

Helvetia Holding AG, Registered Shares

     3,352        470,482  

Holcim AG, Registered Shares*

     23,177        1,489,226  

Julius Baer Group Ltd.

     9,236        594,262  

Kuehne & Nagel International AG, Registered Shares

     3,922        1,118,979  

Logitech International SA, Registered Shares

     2,998        207,382  

Lonza Group AG, Registered Shares

     513        238,667  

Nestle SA, Registered Shares

     78,144        8,861,673  

Novartis AG, Registered Shares

     106,669        10,945,583  

OC Oerlikon Corp. AG, Registered Shares(a)

     17,614        74,938  

Partners Group Holding AG

     758        857,183  

PSP Swiss Property AG, Registered Shares

     1,799        212,781  

Roche Holding AG

     20,843        5,706,307  

Roche Holding AG, Bearer Shares(a)

     3,702        1,090,204  

Schindler Holding AG, Participation Certificate

     1,182        236,452  

Schindler Holding AG, Registered Shares

     730        141,084  

SFS Group AG

     1,808        198,034  

SGS SA, Registered Shares

     7,648        643,910  

SIG Group AG(a)

     6,778        167,746  

Sika AG, Registered Shares

     1,619        412,537  

Sonova Holding AG, Registered Shares

     852        202,755  

Stadler Rail AG(a)

     3,102        121,259  

STMicroelectronics NV

     6,772        293,856  

Straumann Holding AG, Registered Shares(a)

     1,080        138,365  

 

See Notes to Financial Statements.

 

34   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Sulzer AG, Registered Shares

     2,482      $ 237,809  

Swatch Group AG, Bearer Shares

     1,237        318,310  

Swiss Life Holding AG, Registered Shares

     1,426        891,016  

Swiss Prime Site AG, Registered Shares

     3,748        343,949  

Swiss Re AG

     17,376        1,791,544  

Swisscom AG, Registered Shares

     2,805        1,668,650  

UBS Group AG, Registered Shares

     79,290        1,966,649  

VAT Group AG(b)

     690        248,153  

Vontobel Holding AG, Registered Shares

     3,443        205,496  

Zurich Insurance Group AG

     8,046        3,694,933  
     

 

 

 
Total Switzerland

 

     51,740,109  
United Kingdom – 12.5%

 

Airtel Africa PLC(b)

     184,764        283,245  

Anglo American PLC

     78,531        2,171,504  

Ashmore Group PLC

     56,038        128,450  

Ashtead Group PLC

     6,626        404,530  

Associated British Foods PLC

     13,375        337,598  

Assura PLC

     198,017        102,186  

AstraZeneca PLC

     29,456        3,991,448  

Aviva PLC

     140,973        670,708  

BAE Systems PLC

     78,318        953,807  

Balfour Beatty PLC

     21,658        84,855  

Barclays PLC

     486,640        944,053  

Beazley PLC

     11,490        77,624  

Bellway PLC

     7,245        201,971  

Big Yellow Group PLC

     11,213        128,443  

BP PLC

     645,704        4,188,037  

British American Tobacco PLC

     112,613        3,542,080  

British Land Co. PLC

     42,753        165,365  

Britvic PLC

     15,514        165,119  

BT Group PLC(a)

     461,932        657,967  

Bunzl PLC

     8,179        292,099  

Burberry Group PLC

     7,097        165,319  

Central Asia Metals PLC

     49,313        113,155  

Clarkson PLC

     2,257        75,343  

Close Brothers Group PLC

     7,164        77,472  

CNH Industrial NV

     19,055        232,814  

Compass Group PLC

     14,782        360,843  

Computacenter PLC

     3,976        122,779  

ConvaTec Group PLC(b)

     50,627        134,585  

Cranswick PLC

     2,811        121,868  

Croda International PLC

     2,282        136,897  

DCC PLC

     2,358        132,650  

Derwent London PLC

     3,272        76,957  

Diageo PLC

     53,408        1,977,777  

Diversified Energy Co. PLC

     109,610        107,897  

Drax Group PLC

     18,645        99,858  

DS Smith PLC

     53,356        186,970  

Dunelm Group PLC

     8,737        111,971  

Fresnillo PLC

     15,999        107,636  

Games Workshop Group PLC

     1,326        171,070  

Genus PLC

     1,755        44,898  

Harbour Energy PLC

     35,128        110,576  

Hargreaves Lansdown PLC

     17,403      164,237  

Howden Joinery Group PLC

     19,225        172,797  

HSBC Holdings PLC

     1,159,215        9,124,558  

IMI PLC

     9,216        176,378  

Imperial Brands PLC

     74,593        1,517,711  

Inchcape PLC

     12,662        117,223  

InterContinental Hotels Group PLC

     3,711        275,119  

Intertek Group PLC

     3,446        172,951  

Investec PLC

     27,726        163,012  

ITV PLC

     215,676        185,902  

J Sainsbury PLC

     111,014        342,539  

Kingfisher PLC

     90,576        246,864  

Land Securities Group PLC

     33,072        238,079  

Legal & General Group PLC

     345,653        938,698  

Liontrust Asset Management PLC

     8,924        66,116  

Lloyds Banking Group PLC

     2,456,212        1,330,181  

London Stock Exchange Group PLC

     4,980        500,490  

LondonMetric Property PLC

     77,008        161,666  

Mondi PLC

     14,706        246,356  

Morgan Sindall Group PLC

     4,831        121,173  

National Grid PLC

     211,397        2,528,601  

Next PLC

     3,427        305,179  

OSB Group PLC

     38,551        154,053  

Pagegroup PLC

     25,594        130,953  

Pan African Resources PLC

     117,558        20,633  

Pearson PLC

     16,357        173,372  

Prudential PLC

     40,292        437,098  

QinetiQ Group PLC

     29,300        114,010  

Quilter PLC(b)

     92,102        96,396  

Reckitt Benckiser Group PLC

     23,262        1,645,057  

Redde Northgate PLC

     24,112        99,473  

Redrow PLC

     19,625        118,521  

RELX PLC

     48,301        1,635,967  

Rentokil Initial PLC

     23,116        172,163  

Rightmove PLC

     7,739        53,105  

RS Group PLC

     9,869        88,583  

RWS Holdings PLC

     13,141        38,462  

Safestore Holdings PLC

     7,793        70,006  

Sage Group PLC

     28,461        343,560  

Savills PLC

     8,793        92,888  

Schroders PLC

     60,762        301,992  

Segro PLC

     27,533        241,757  

Serco Group PLC

     57,940        105,371  

Severn Trent PLC

     9,237        266,635  

Shell PLC

     314,446        10,001,749  

Smith & Nephew PLC

     21,075        263,147  

Smiths Group PLC

     14,532        287,251  

Spectris PLC

     3,822        158,328  

Spirax-Sarco Engineering PLC

     634        73,715  

Spirent Communications PLC

     28,352        47,755  

SSE PLC

     44,065        865,915  

St. James’s Place PLC

     17,876        181,574  

Standard Chartered PLC

     48,455        448,294  

Tate & Lyle PLC

     15,706        131,410  

 

See Notes to Financial Statements.

 

WisdomTree Trust      35  


Schedule of Investments (unaudited) (concluded)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

TBC Bank Group PLC

     5,321      $ 193,862  

Telecom Plus PLC

     3,250        59,105  

Tesco PLC

     261,223        842,364  

TP ICAP Group PLC

     29,592        61,438  

Travis Perkins PLC

     24,302        250,464  

Tritax Big Box REIT PLC

     107,494        183,420  

Unilever PLC

     72,620        3,600,407  

Unite Group PLC

     15,141        165,861  

United Utilities Group PLC

     26,229        303,555  

Vesuvius PLC

     20,485        108,563  

Victrex PLC

     3,727        63,913  

Vodafone Group PLC

     1,677,900        1,573,243  

Weir Group PLC

     5,350        124,167  

Wincanton PLC

     10,639        35,580  

Workspace Group PLC

     20,585        123,263  
     

 

 

 
Total United Kingdom

 

     69,804,652  
United States – 1.2%

 

GSK PLC

     190,976        3,477,788  

Stellantis NV

     170,629        3,289,699  
     

 

 

 
Total United States

 

     6,767,487  
TOTAL COMMON STOCKS
(Cost: $489,437,806)

 

     552,586,753  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.4%

 

United States – 5.4%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $29,986,152)      29,986,152      29,986,152  
TOTAL INVESTMENTS IN SECURITIES – 104.6%
(Cost: $519,423,958)

 

     582,572,905  

Other Assets less Liabilities – (4.6)%

 

     (25,512,464
     

 

 

 
NET ASSETS – 100.0%

 

   $ 557,060,441  

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $211,041, which represents 0.04% of net assets.

 

* 

Non-income producing security.

 

 

Share amount represents a fractional share.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $41,617,322 and the total market value of the collateral held by the Fund was $43,786,069. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $13,799,917.

 

(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, 2023.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

           

France

   $ 61,899,019      $      $ 211,041 *     $ 62,110,060  

Other

     490,476,693                      490,476,693  

Investment of Cash Collateral for Securities Loaned

            29,986,152               29,986,152  

Total Investments in Securities

   $ 552,375,712      $ 29,986,152      $ 211,041      $ 582,572,905  

 

* 

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

See Notes to Financial Statements.

 

36   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree International High Dividend Fund (DTH)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.2%

 

Australia – 17.1%

 

Abacus Group

     88,365      $ 59,597  

Accent Group Ltd.

     25,574        32,351  

Ampol Ltd.

     18,955        413,494  

ANZ Group Holdings Ltd.

     183,962        3,046,587  

APA Group

     89,299        478,359  

Aurizon Holdings Ltd.(a)

     113,144        254,851  

Australian Clinical Labs Ltd.(a)

     34,095        62,714  

Bank of Queensland Ltd.(a)

     31,073        115,113  

Bendigo & Adelaide Bank Ltd.(a)

     34,510        198,896  

BHP Group Ltd.

     692,143        19,766,874  

BWP Trust(a)

     34,049        73,617  

Centuria Capital Group(a)

     67,678        59,404  

Centuria Industrial REIT(a)

     35,965        69,868  

Champion Iron Ltd.(a)

     22,496        91,469  

Charter Hall Long Wale REIT

     70,037        145,550  

Codan Ltd.

     11,153        56,865  

Commonwealth Bank of Australia

     72,998        4,709,877  

Cromwell Property Group(a)

     305,144        72,868  

CSR Ltd.

     47,006        171,408  

Dalrymple Bay Infrastructure Ltd.

     27,582        49,844  

Deterra Royalties Ltd.

     54,141        167,375  

Dexus(a)

     105,651        497,766  

Dicker Data Ltd.(a)

     7,702        48,068  

Downer EDI Ltd.(a)

     33,896        90,131  

Eagers Automotive Ltd.(a)

     14,163        127,331  

First Resources Ltd.

     114,300        128,126  

GPT Group(a)

     152,007        382,611  

Growthpoint Properties Australia Ltd.(a)

     83,984        119,789  

GUD Holdings Ltd.

     7,282        55,317  

Harvey Norman Holdings Ltd.(a)

     92,939        232,133  

Helia Group Ltd.

     39,471        88,906  

HomeCo Daily Needs REIT

     131,134        97,752  

Incitec Pivot Ltd.

     136,727        277,085  

Insignia Financial Ltd.(a)

     38,298        59,816  

IRESS Ltd.(a)

     6,833        25,666  

JB Hi-Fi Ltd.(a)

     11,988        351,417  

McMillan Shakespeare Ltd.

     8,261        85,893  

Metcash Ltd.

     74,198        181,014  

Mirvac Group(a)

     193,269        265,687  

Myer Holdings Ltd.(a)

     78,652        28,934  

National Australia Bank Ltd.

     152,954        2,869,688  

New Hope Corp. Ltd.

     85,229        349,293  

Nick Scali Ltd.(a)

     5,282        37,772  

Nine Entertainment Co. Holdings Ltd.(a)

     108,067        142,980  

NRW Holdings Ltd.

     43,916        76,811  

Origin Energy Ltd.

     89,790        508,805  

Orora Ltd.(a)

     83,086        147,465  

Perpetual Ltd.(a)

     3,377        45,661  

Premier Investments Ltd.

     6,762        109,105  

Region RE Ltd.(a)

     56,465        73,614  

Rio Tinto Ltd.

     41,793        3,062,807  

Rio Tinto PLC

     130,717        8,254,941  

Scentre Group

     282,623      448,716  

Sims Ltd.

     21,140        184,600  

SmartGroup Corp. Ltd.(a)

     22,125        118,234  

South32 Ltd.

     672,688        1,471,778  

Stockland

     264,536        669,267  

Super Retail Group Ltd.

     19,374        149,923  

Telstra Group Ltd.

     767,166        1,906,246  

Terracom Ltd.(a)

     73,532        21,119  

Vicinity Ltd.

     317,158        346,956  

Viva Energy Group Ltd.(b)

     122,451        237,090  

Waypoint REIT Ltd.

     60,830        88,334  

Wesfarmers Ltd.

     47,439        1,618,421  

Westpac Banking Corp.

     130,716        1,784,300  

Whitehaven Coal Ltd.

     64,235        294,761  

Woodside Energy Group Ltd.

     174,309        4,105,089  
     

 

 

 
Total Australia

 

     62,364,199  
Austria – 0.7%

 

BAWAG Group AG*(b)

     6,591        303,273  

Erste Group Bank AG

     19,527        678,528  

Oesterreichische Post AG

     5,678        186,660  

OMV AG

     16,918        811,769  

Semperit AG Holding

     2,444        44,144  

Telekom Austria AG

     47,750        333,665  

Voestalpine AG

     9,805        268,246  
     

 

 

 
Total Austria

 

     2,626,285  
Belgium – 1.1%

 

Aedifica SA

     1,425        81,244  

Ageas SA

     13,991        578,150  

Bekaert SA

     2,976        133,722  

bpost SA

     17,188        94,356  

Cofinimmo SA

     2,913        200,161  

Etablissements Franz Colruyt NV

     5,888        255,341  

Intervest Offices & Warehouses NV

     2,672        38,757  

KBC Group NV

     22,761        1,425,168  

Proximus SADP

     40,257        328,105  

Solvay SA

     4,618        512,644  

VGP NV(a)

     2,081        193,777  
     

 

 

 
Total Belgium

 

     3,841,425  
China – 0.7%

 

BOC Hong Kong Holdings Ltd.

     494,547        1,354,473  

CITIC Telecom International Holdings Ltd.

     723,000        286,177  

Wilmar International Ltd.

     271,200        741,136  

Yanlord Land Group Ltd.*

     215,600        104,254  
     

 

 

 
Total China

 

     2,486,040  
Denmark – 0.7%

 

AP Moller – Maersk AS, Class B

     781        1,412,147  

D/S Norden AS

     4,887        272,687  

Pandora AS

     3,752        389,733  

Scandinavian Tobacco Group AS(b)

     7,710        117,677  

Sydbank AS

     3,190        152,272  

Topdanmark AS

     6,114        266,324  
     

 

 

 
Total Denmark

 

     2,610,840  

 

See Notes to Financial Statements.

 

WisdomTree Trust      37  


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2023

 

 

 

Investments    Shares      Value  
Finland – 1.6%

 

Anora Group Oyj(a)

     4,570      $ 21,725  

Citycon Oyj*(a)

     9,446        53,055  

Elisa Oyj

     13,071        607,390  

Fiskars Oyj Abp(a)

     3,137        57,923  

Fortum Oyj(a)

     65,008        756,755  

Kemira Oyj

     10,246        159,899  

Kesko Oyj, Class A(a)

     4,867        89,146  

Konecranes Oyj

     4,480        149,221  

Metsa Board Oyj, Class B(a)

     15,183        122,250  

Nordea Bank Abp

     186,767        2,064,989  

Sampo Oyj, Class A

     25,424        1,103,086  

Sanoma Oyj(a)

     8,974        66,128  

TietoEVRY Oyj

     7,553        170,331  

Tokmanni Group Corp.(a)

     4,137        57,598  

Uponor Oyj

     3,493        105,177  

Valmet Oyj(a)

     8,329        191,005  
     

 

 

 
Total Finland

 

     5,775,678  
France – 11.0%

 

ALD SA(b)

     42,193        327,668  

AXA SA

     150,459        4,489,031  

BNP Paribas SA

     65,521        4,192,051  

Bouygues SA

     23,649        829,772  

Chargeurs SA(a)

     87        743  

Cie Generale des Etablissements Michelin SCA

     27,986        861,349  

Coface SA

     16,099        205,902  

Derichebourg SA

     11,287        57,122  

Engie SA

     223,988        3,445,750  

Fnac Darty SA(a)

     1,855        45,564  

Gecina SA

     4,166        426,740  

Imerys SA

     3,264        96,761  

Jacquet Metals SACA

     4,254        72,513  

Klepierre SA

     21,899        538,601  

Maisons du Monde SA(a)(b)

     3,328        25,669  

Metropole Television SA

     17,590        223,109  

Orange SA

     280,564        3,225,932  

Publicis Groupe SA

     10,219        776,398  

Rexel SA

     19,235        433,776  

Rothschild & Co.

     5,467        223,424  

Rubis SCA

     7,759        174,483  

Sanofi

     47,940        5,150,767  

Societe Generale SA

     42,318        1,032,513  

Television Francaise 1 SA(a)

     13,268        101,774  

TotalEnergies SE

     184,576        12,176,611  

Veolia Environnement SA

     25,999        755,050  

Verallia SA(b)

     4,569        180,339  

Vicat SACA

     3,201        98,113  
     

 

 

 
Total France

 

     40,167,525  
Georgia – 0.0%

 

Bank of Georgia Group PLC

     3,462        155,923  
Germany – 9.5%

 

Allianz SE, Registered Shares

     17,365        4,149,538  

BASF SE

     61,900        2,814,798  

Bayer AG, Registered Shares

     37,213      1,790,697  

Bayerische Motoren Werke AG

     41,385        4,223,022  

Dermapharm Holding SE

     2,756        114,149  

Deutsche Post AG, Registered Shares

     57,200        2,333,699  

Deutz AG

     14,644        64,808  

DWS Group GmbH & Co. KGaA(b)

     16,623        566,707  

E.ON SE

     146,136        1,732,881  

Evonik Industries AG

     27,423        503,016  

Fielmann Group AG

     3,784        163,778  

Freenet AG

     13,381        314,227  

Hamburger Hafen und Logistik AG

     4,860        86,548  

Hapag-Lloyd AG(a)(b)

     17,524        3,194,919  

Heidelberg Materials AG

     9,424        733,558  

Indus Holding AG

     1,968        41,881  

Instone Real Estate Group SE(b)

     4,529        28,147  

Kloeckner & Co. SE

     12,198        88,271  

Mercedes-Benz Group AG

     86,348        6,023,726  

Muenchener Rueckversicherungs-Gesellschaft AG, Registered Shares

     4,132        1,614,722  

Siltronic AG

     1,556        133,358  

Sixt SE

     1,137        105,693  

Stroeer SE & Co. KGaA

     2,354        104,926  

Talanx AG

     11,147        708,113  

Telefonica Deutschland Holding AG

     230,854        414,286  

Varta AG*(a)

     3,322        63,221  

Volkswagen AG

     12,825        1,693,235  

Wacker Chemie AG

     3,291        472,652  

Wacker Neuson SE

     4,542        92,811  
     

 

 

 
Total Germany

 

     34,371,387  
Hong Kong – 3.2%

 

Bank of East Asia Ltd.

     119,400        148,186  

Champion REIT

     512,000        168,665  

CLP Holdings Ltd.

     143,000        1,058,096  

Dah Sing Banking Group Ltd.

     135,200        89,422  

Dah Sing Financial Holdings Ltd.

     26,000        54,975  

Fortune Real Estate Investment Trust

     214,000        128,424  

Hang Lung Group Ltd.

     122,000        171,975  

Hang Lung Properties Ltd.

     292,000        399,681  

Henderson Land Development Co. Ltd.

     396,220        1,044,701  

Hong Kong & China Gas Co. Ltd.

     979,000        682,513  

Hutchison Port Holdings Trust

     1,102,123        189,565  

Hysan Development Co. Ltd.

     69,000        133,738  

Link REIT

     200,950        985,269  

New World Development Co. Ltd.

     279,000        542,906  

PCCW Ltd.

     1,417,000        645,912  

Power Assets Holdings Ltd.

     235,518        1,139,722  

Sino Land Co. Ltd.

     655,568        739,119  

Sun Hung Kai Properties Ltd.

     240,000        2,567,976  

Swire Pacific Ltd., Class B

     182,500        199,468  

Swire Properties Ltd.

     324,000        675,978  

Tam Jai International Co. Ltd.

     155,000        26,718  
     

 

 

 
Total Hong Kong

 

     11,793,009  

 

See Notes to Financial Statements.

 

38   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2023

 

 

 

Investments    Shares      Value  
Indonesia – 0.1%

 

Bumitama Agri Ltd.

     209,800      $ 87,615  

Nickel Industries Ltd.(a)

     163,612        79,197  
     

 

 

 
Total Indonesia

 

     166,812  
Ireland – 0.0%

 

Cairn Homes PLC

     31,758        36,784  

Kenmare Resources PLC

     16,773        84,960  
     

 

 

 
Total Ireland

 

     121,744  
Israel – 0.7%

 

Amot Investments Ltd.

     24,782        120,102  

Ashtrom Group Ltd.

     7,615        103,874  

Bank Leumi Le-Israel BM

     87,240        722,073  

Delek Automotive Systems Ltd.

     12,890        79,568  

Delek Group Ltd.

     0        25  

FIBI Holdings Ltd.

     1,726        78,434  

First International Bank of Israel Ltd.

     3,241        139,277  

Gav-Yam Lands Corp. Ltd.

     13,666        86,871  

Harel Insurance Investments & Financial Services Ltd.

     7,942        62,835  

ICL Group Ltd.

     154,939        857,516  

Matrix IT Ltd.

     1,397        28,622  

Oil Refineries Ltd.

     199,532        65,987  

Phoenix Holdings Ltd.

     13,453        140,007  

Plus500 Ltd.

     4,026        67,665  
     

 

 

 
Total Israel

 

     2,552,856  
Italy – 3.7%

 

A2A SpA

     222,729        397,583  

ACEA SpA

     12,545        136,938  

Anima Holding SpA(b)

     21,586        90,731  

Assicurazioni Generali SpA

     75,981        1,557,815  

Azimut Holding SpA

     6,867        150,353  

Banca Generali SpA

     4,345        154,155  

Banca Mediolanum SpA

     46,610        399,820  

Banca Popolare di Sondrio SpA

     25,339        130,812  

Banco BPM SpA

     66,136        317,547  

Credito Emiliano SpA

     15,397        126,826  

Cromwell European Real Estate Investment Trust

     63,200        85,649  

De’ Longhi SpA

     6,105        133,281  

Eni SpA(a)

     265,009        4,280,502  

Esprinet SpA(a)

     4,192        21,526  

Hera SpA

     77,556        212,671  

Immobiliare Grande Distribuzione SIIQ SpA(a)

     17,164        38,798  

Iren SpA

     88,499        170,999  

Italgas SpA

     76,532        393,149  

Maire Tecnimont SpA

     15,853        65,325  

Mediobanca Banca di Credito Finanziario SpA

     49,353        654,724  

Poste Italiane SpA(b)

     62,614        660,804  

Snam SpA

     286,009        1,347,211  

Terna – Rete Elettrica Nazionale

     134,748        1,016,912  

Unieuro SpA(a)(b)

     2,158        19,352  

Unipol Gruppo SpA

     34,911        189,320  

UnipolSai Assicurazioni SpA(a)

     215,525        521,636  
     

 

 

 
Total Italy

 

     13,274,439  
Japan – 13.2%

 

77 Bank Ltd.(a)

     4,100      87,097  

AGC, Inc.

     10,400        365,472  

Aisin Corp.(a)

     14,300        541,431  

Akita Bank Ltd.

     4,400        59,502  

Aozora Bank Ltd.(a)

     15,500        317,323  

ARE Holdings, Inc.(a)

     5,300        67,375  

CKD Corp.

     2,100        29,004  

Concordia Financial Group Ltd.

     56,300        257,118  

Cosmo Energy Holdings Co. Ltd.

     6,300        222,067  

Daicel Corp.

     10,300        86,348  

Daido Steel Co. Ltd.(a)

     2,200        89,651  

Daiho Corp.

     1,800        47,586  

Daiken Corp.

     3,100        62,218  

Daiwa House Industry Co. Ltd.

     28,400        764,121  

Daiwa Securities Group, Inc.(a)

     58,900        340,671  

Denka Co. Ltd.(a)

     4,200        76,077  

DIC Corp.

     6,700        109,036  

Eagle Industry Co. Ltd.

     6,500        73,788  

ENEOS Holdings, Inc.(a)

     232,800        920,280  

Exedy Corp.

     6,500        113,862  

EXEO Group, Inc.(a)

     4,000        82,131  

G-Tekt Corp.

     3,100        37,809  

H.U. Group Holdings, Inc.(a)

     4,600        78,298  

Hakuto Co. Ltd.(a)

     2,200        74,746  

Haseko Corp.(a)

     22,800        291,369  

Iida Group Holdings Co. Ltd.

     14,600        243,276  

Iino Kaiun Kaisha Ltd.(a)

     9,900        69,594  

Inabata & Co. Ltd.

     4,400        92,290  

Inpex Corp.

     57,800        873,827  

Inui Global Logistics Co. Ltd.(a)

     6,300        55,812  

Isuzu Motors Ltd.(a)

     36,800        463,745  

Japan Post Holdings Co. Ltd.(a)

     145,800        1,170,015  

Japan Post Insurance Co. Ltd.

     18,900        319,232  

Japan Tobacco, Inc.

     125,400        2,890,776  

Kajima Corp.

     29,500        481,074  

Kanematsu Corp.

     9,000        124,724  

Kansai Electric Power Co., Inc.

     43,011        598,796  

Kawasaki Kisen Kaisha Ltd.(a)

     29,800        1,019,261  

Ki-Star Real Estate Co. Ltd.(a)

     700        21,672  

Kobe Steel Ltd.(a)

     31,800        415,334  

Kyokuto Kaihatsu Kogyo Co. Ltd.(a)

     2,700        31,845  

Macnica Holdings, Inc.

     3,300        155,463  

Marubeni Corp.

     128,500        2,008,122  

Mitsubishi Chemical Group Corp.

     59,100        373,353  

Mitsubishi UFJ Financial Group, Inc.

     435,600        3,702,855  

Mitsuboshi Belting Ltd.(a)

     4,400        135,339  

Mitsui OSK Lines Ltd.(a)

     55,100        1,517,581  

Mitsui-Soko Holdings Co. Ltd.

     2,100        60,583  

MIXI, Inc.(a)

     6,900        109,632  

Mizuho Financial Group, Inc.(a)

     96,060        1,635,708  

MS&AD Insurance Group Holdings, Inc.(a)

     21,800        802,754  

Nippon Denko Co. Ltd.(a)

     15,700        31,984  

Nippon Electric Glass Co. Ltd.

     7,200        134,423  

 

See Notes to Financial Statements.

 

WisdomTree Trust      39  


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2023

 

 

 

Investments    Shares      Value  

Nippon Pillar Packing Co. Ltd.(a)

     2,800      $ 73,272  

Nippon Soda Co. Ltd.

     2,400        88,457  

Nippon Steel Corp.(a)

     73,900        1,735,765  

Nippon Yusen KK(a)

     78,200        2,036,423  

Nishimatsu Construction Co. Ltd.(a)

     4,400        109,333  

Niterra Co. Ltd.

     18,100        410,457  

Nitto Kogyo Corp.(a)

     2,300        55,256  

Nittoc Construction Co. Ltd.

     24,100        176,359  

NOK Corp.(a)

     8,800        117,088  

NS United Kaiun Kaisha Ltd.(a)

     3,300        87,130  

Pacific Industrial Co. Ltd.

     3,100        29,769  

PHC Holdings Corp.(a)

     6,000        61,357  

Press Kogyo Co. Ltd.

     15,200        70,181  

Sanyo Special Steel Co. Ltd.

     3,600        71,071  

SBI Holdings, Inc.(a)

     17,400        367,065  

Sekisui House Ltd.

     34,700        692,256  

Seven Bank Ltd.(a)

     37,400        77,920  

SoftBank Corp.

     417,800        4,733,060  

Sojitz Corp.(a)

     20,380        447,684  

Sompo Holdings, Inc.(a)

     15,800        681,129  

Sumitomo Chemical Co. Ltd.

     71,300        194,465  

Sumitomo Corp.(a)

     106,700        2,133,643  

Sumitomo Forestry Co. Ltd.

     17,200        438,688  

Sumitomo Heavy Industries Ltd.

     8,800        223,619  

Sumitomo Metal Mining Co. Ltd.

     17,800        524,726  

Sumitomo Mitsui Financial Group, Inc.

     54,300        2,673,427  

Sumitomo Mitsui Trust Holdings, Inc.

     14,800        558,478  

T&D Holdings, Inc.(a)

     20,000        330,776  

Takeda Pharmaceutical Co. Ltd.(a)

     77,600        2,413,413  

Tama Home Co. Ltd.

     2,600        62,027  

Tokai Rika Co. Ltd.(a)

     4,500        70,685  

Tokyo Seimitsu Co. Ltd.

     2,800        140,539  

Tosoh Corp.

     22,100        284,053  

Toyo Seikan Group Holdings Ltd.

     18,100        296,865  

Toyo Tire Corp.

     8,600        132,667  

TPR Co. Ltd.

     5,400        66,041  

TS Tech Co. Ltd.

     3,200        36,369  

UBE Corp.

     9,700        163,904  

YAMABIKO Corp.

     4,900        47,284  

Yamaha Motor Co. Ltd.

     16,600        437,290  

Yamaichi Electronics Co. Ltd.

     3,200        36,927  
     

 

 

 
Total Japan

 

     48,120,368  
Netherlands – 1.4%

 

Aegon NV(a)

     63,248        306,828  

ASR Nederland NV

     7,384        277,689  

BE Semiconductor Industries NV(a)

     4,615        454,410  

Koninklijke Heijmans NV

     3,452        39,106  

Koninklijke KPN NV

     313,636        1,035,702  

Koninklijke Vopak NV

     7,746        265,879  

NN Group NV(a)

     15,019        484,038  

OCI NV*(a)

     31,545        881,380  

Randstad NV(a)

     16,775        930,297  

RHI Magnesita NV

     3,769        127,979  

SBM Offshore NV(a)

     13,375      176,019  

Signify NV(b)

     6,236        168,426  
     

 

 

 
Total Netherlands

 

     5,147,753  
Norway – 2.3%

 

AF Gruppen ASA

     14,583        170,761  

Aker BP ASA

     37,948        1,055,612  

Atea ASA*

     6,392        80,254  

Austevoll Seafood ASA

     10,515        74,360  

Belships ASA

     46,011        78,005  

DNB Bank ASA

     82,487        1,671,314  

Entra ASA(b)

     8,930        76,872  

Europris ASA(b)

     9,425        52,923  

Gjensidige Forsikring ASA

     23,829        352,704  

Leroy Seafood Group ASA

     28,990        122,271  

MPC Container Ships ASA

     82,858        135,762  

Norsk Hydro ASA

     98,933        624,790  

Salmar ASA

     6,973        356,093  

SpareBank 1 Nord Norge

     14,891        133,924  

Sparebank 1 Oestlandet

     4,324        54,208  

SpareBank 1 SR-Bank ASA

     10,545        121,595  

Storebrand ASA

     15,527        127,183  

Telenor ASA

     201,461        2,300,334  

Veidekke ASA

     15,030        137,858  

Yara International ASA

     15,580        593,428  
     

 

 

 
Total Norway

 

     8,320,251  
Portugal – 0.5%

 

Altri SGPS SA(a)

     5,459        24,772  

EDP – Energias de Portugal SA

     159,775        665,821  

Galp Energia SGPS SA

     37,384        555,707  

Navigator Co. SA

     49,774        188,027  

NOS SGPS SA

     40,850        150,596  

REN – Redes Energeticas Nacionais SGPS SA

     91,507        234,457  

Sonae SGPS SA

     134,617        131,124  
     

 

 

 
Total Portugal

 

     1,950,504  
Singapore – 2.6%

 

Aztech Global Ltd.

     78,600        46,357  

CapitaLand Ascendas REIT

     334,500        673,951  

CapitaLand Ascott Trust

     171,200        120,413  

Capitaland India Trust

     90,745        69,809  

CapitaLand Integrated Commercial Trust

     496,400        672,826  

Frasers Centrepoint Trust

     76,800        123,227  

Frasers Logistics & Commercial Trust

     349,000        273,595  

Geo Energy Resources Ltd.

     201,000        42,706  

Kenon Holdings Ltd.

     5,309        122,719  

Keppel Corp. Ltd.

     88,900        442,904  

Keppel DC REIT

     103,300        157,421  

Keppel Infrastructure Trust

     683,136        232,734  

Keppel REIT

     315,500        197,635  

Mapletree Industrial Trust

     218,700        362,123  

Mapletree Logistics Trust

     221,500        272,635  

Mapletree Pan Asia Commercial Trust

     237,700        249,037  

Netlink NBN Trust

     449,800        276,820  

Olam Group Ltd.

     250,000        192,322  

 

See Notes to Financial Statements.

 

40   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2023

 

 

 

Investments    Shares      Value  

OUE Commercial Real Estate Investment Trust

     473,000      $ 81,438  

Oversea-Chinese Banking Corp. Ltd.

     227,492        2,135,081  

Samudera Shipping Line Ltd.

     77,700        42,696  

Singapore Technologies Engineering Ltd.

     187,523        537,193  

Singapore Telecommunications Ltd.

     18,600        33,115  

Suntec Real Estate Investment Trust

     236,100        200,657  

United Overseas Bank Ltd.

     80,400        1,678,804  

Venture Corp. Ltd.

     15,500        140,476  
     

 

 

 
Total Singapore

 

     9,378,694  
Spain – 5.6%

 

Acerinox SA

     21,743        210,959  

ACS Actividades de Construccion y Servicios SA

     31,656        1,141,883  

Atresmedia Corp. de Medios de Comunicacion SA

     29,782        115,406  

Banco Bilbao Vizcaya Argentaria SA

     249,348        2,035,418  

Banco Santander SA

     467,802        1,792,190  

Bankinter SA(a)

     36,832        235,691  

CaixaBank SA

     228,882        917,457  

Cia de Distribucion Integral Logista Holdings SA

     13,613        348,789  

Enagas SA

     27,396        454,806  

Ence Energia y Celulosa SA(a)

     15,828        53,190  

Endesa SA

     139,479        2,846,405  

Fluidra SA(a)

     9,312        190,970  

Fomento de Construcciones y Contratas SA(a)

     22,191        280,057  

Iberdrola SA

     278,601        3,125,195  

Inmobiliaria Colonial Socimi SA(a)

     19,485        110,988  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros(a)

     92,885        86,049  

Mapfre SA(a)

     196,981        402,509  

Merlin Properties Socimi SA

     70,934        599,684  

Naturgy Energy Group SA(a)

     67,220        1,833,318  

Prosegur Cash SA(a)(b)

     2,619        1,633  

Redeia Corp. SA

     35,362        557,662  

Repsol SA

     68,314        1,126,138  

Sacyr SA(a)

     42,294        124,575  

Telefonica SA(a)

     467,622        1,915,027  
     

 

 

 
Total Spain

 

     20,505,999  
Sweden – 1.7%

 

Avanza Bank Holding AB(a)

     4,755        82,896  

Betsson AB, Class B*

     4,773        52,808  

Bilia AB, Class A

     6,393        62,670  

Clas Ohlson AB, Class B(a)

     5,316        57,299  

Cloetta AB, Class B

     18,555        31,186  

Coor Service Management Holding AB(b)

     7,558        30,888  

Corem Property Group AB, Class B(a)

     62,418        34,788  

Dios Fastigheter AB

     5,352        30,715  

Fabege AB(a)

     15,230        122,410  

Hexpol AB

     15,507        138,667  

Husqvarna AB, Class B(a)

     19,340        149,070  

Inwido AB

     4,182        42,343  

JM AB

     3,968        54,165  

NCC AB, Class B

     5,197        56,638  

Peab AB, Class B

     15,168        62,799  

Resurs Holding AB(b)

     17,636        38,245  

Samhallsbyggnadsbolaget i Norden AB, Class D(a)

     22,100      8,763  

Securitas AB, Class B(a)

     19,522        155,720  

Skandinaviska Enskilda Banken AB, Class A

     77,588        933,053  

SKF AB, Class B

     17,245        289,131  

SSAB AB, Class B

     94,772        524,272  

Svenska Handelsbanken AB, Class A

     69,822        626,998  

Swedbank AB, Class A

     66,943        1,240,370  

Tele2 AB, Class B

     48,051        370,106  

Telia Co. AB

     414,020        860,112  

Thule Group AB(a)(b)

     6,501        171,677  

Wihlborgs Fastigheter AB

     12,160        85,568  
     

 

 

 
Total Sweden

 

     6,313,357  
Switzerland – 7.9%

 

Allreal Holding AG, Registered Shares

     1,199        191,358  

Baloise Holding AG, Registered Shares

     2,344        340,531  

Cembra Money Bank AG

     1,014        69,056  

EFG International AG*

     12,803        145,552  

Helvetia Holding AG, Registered Shares

     2,857        401,004  

Holcim AG, Registered Shares*

     31,305        2,011,487  

Julius Baer Group Ltd.

     7,508        483,079  

Kuehne & Nagel International AG, Registered Shares

     5,107        1,457,069  

Novartis AG, Registered Shares

     138,648        14,227,031  

OC Oerlikon Corp. AG, Registered Shares(a)

     22,523        95,824  

Sulzer AG, Registered Shares

     2,143        205,328  

Swiss Life Holding AG, Registered Shares

     1,233        770,423  

Swiss Prime Site AG, Registered Shares

     3,792        347,987  

Swiss Re AG

     16,967        1,749,374  

Swisscom AG, Registered Shares

     3,786        2,252,231  

Vontobel Holding AG, Registered Shares

     1,908        113,879  

Zurich Insurance Group AG

     8,143        3,739,478  
     

 

 

 
Total Switzerland

 

     28,600,691  
United Kingdom – 11.4%

 

Anglo American PLC

     100,764        2,786,281  

Ashmore Group PLC

     32,262        73,951  

Assura PLC

     207,189        106,920  

Aviva PLC

     140,211        667,082  

Bellway PLC

     6,977        194,500  

BP PLC

     827,315        5,365,966  

British American Tobacco PLC

     148,441        4,668,999  

British Land Co. PLC

     46,572        180,137  

BT Group PLC(a)

     566,017        806,224  

Central Asia Metals PLC

     28,229        64,775  

Close Brothers Group PLC

     8,261        89,335  

CLS Holdings PLC(a)

     30,910        44,820  

CMC Markets PLC(a)(b)

     11,407        14,647  

Crest Nicholson Holdings PLC

     17,364        36,813  

DFS Furniture PLC(a)

     23,707        31,366  

Diversified Energy Co. PLC

     116,028        114,215  

Domino’s Pizza Group PLC

     14,049        64,543  

DS Smith PLC

     56,022        196,312  

Dunelm Group PLC

     8,430        108,037  

 

See Notes to Financial Statements.

 

WisdomTree Trust      41  


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2023

 

 

 

Investments    Shares      Value  

Empiric Student Property PLC

     48,447      $ 52,923  

FDM Group Holdings PLC

     4,373        27,755  

Forterra PLC(b)

     12,600        22,884  

Games Workshop Group PLC

     1,360        175,456  

Halfords Group PLC

     15,413        37,305  

Hargreaves Lansdown PLC

     14,589        137,681  

Hilton Food Group PLC

     4,481        39,215  

HSBC Holdings PLC

     1,136,252        8,943,809  

Ibstock PLC(b)

     32,869        57,169  

Imperial Brands PLC

     98,419        2,002,488  

Investec PLC

     29,996        176,358  

ITV PLC

     256,586        221,165  

J Sainsbury PLC

     139,681        430,993  

Kingfisher PLC

     104,717        285,405  

Land Securities Group PLC

     46,808        336,961  

Legal & General Group PLC

     321,175        872,222  

Liontrust Asset Management PLC

     4,378        32,435  

Lloyds Banking Group PLC

     2,316,039        1,254,269  

LondonMetric Property PLC

     81,578        171,260  

ME Group International PLC

     29,624        57,057  

Moneysupermarket.com Group PLC

     47,748        141,384  

Morgan Advanced Materials PLC

     10,897        32,586  

Morgan Sindall Group PLC

     2,026        50,817  

National Grid PLC

     292,923        3,503,765  

Ninety One PLC(a)

     16,850        35,189  

OSB Group PLC

     34,016        135,931  

Pagegroup PLC

     27,466        140,531  

Pets at Home Group PLC

     18,525        75,701  

Primary Health Properties PLC

     61,002        69,244  

Quilter PLC(b)

     71,805        75,153  

Redde Northgate PLC

     25,300        104,374  

Redrow PLC

     22,923        138,438  

Schroders PLC

     37,834        188,038  

Serica Energy PLC

     21,491        65,262  

Severn Trent PLC

     10,600        305,980  

SSE PLC

     55,827        1,097,048  

St. James’s Place PLC

     14,251        144,753  

TBC Bank Group PLC

     4,967        180,965  

Tesco PLC

     335,856        1,083,032  

TP ICAP Group PLC

     26,836        55,716  

Travis Perkins PLC

     10,680        110,071  

Tritax Big Box REIT PLC

     69,277        118,209  

Tyman PLC

     14,389        50,756  

United Utilities Group PLC

     34,601      400,446  

Vesuvius PLC

     15,881        84,163  

Vodafone Group PLC

     2,137,422        2,004,103  

Watkin Jones PLC(a)

     29,574        14,439  

Wickes Group PLC

     37,241        62,409  

Workspace Group PLC

     9,825        58,832  
     

 

 

 
Total United Kingdom

 

     41,477,068  
United States – 2.5%

 

GSK PLC

     250,806        4,567,328  

Stellantis NV

     224,690        4,331,986  
     

 

 

 
Total United States

 

     8,899,314  
TOTAL COMMON STOCKS
(Cost: $355,596,818)

 

     361,022,161  
EXCHANGE-TRADED FUND – 0.1%

 

United States – 0.1%

 

WisdomTree International LargeCap Dividend Fund(c)

 

(Cost: $335,301)      7,580        345,800  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 8.0%

 

United States – 8.0%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(d)

     
(Cost: $29,197,912)      29,197,912        29,197,912  

TOTAL INVESTMENTS IN SECURITIES – 107.3%

(Cost: $385,130,031)

 

 

     390,565,873  

Other Assets less Liabilities – (7.3)%

 

     (26,585,489
     

 

 

 
NET ASSETS – 100.0%

 

   $ 363,980,384  

 

* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $223,424, which represents 0.06% of net assets.

 

 

Share amount represents a fractional share.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $39,072,896. The Fund also had securities on loan having a total market value of $1,362 that were sold and pending settlement. The total market value of the collateral held by the Fund was $41,088,166. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $11,890,254.

 

(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, 2023.

 

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, 2023 were as follows:

 

Affiliate

  Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree International LargeCap Dividend Fund

  $ 1,054,486     $ 8,858,785     $ 9,380,557     $ (37,207   $ (149,707   $ 345,800     $ 119,617  

 

See Notes to Financial Statements.

 

42   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International High Dividend Fund (DTH)

September 30, 2023

 

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
 

Commonwealth Bank of Australia

    10/2/2023       106,869       SEK       105,000       NOK     $     $ (31

Royal Bank of Canada

    10/2/2023       154,700       SEK       100,000       DKK       41        

Royal Bank of Canada

    10/2/2023       461,456       SEK       40,000       EUR       125        

Royal Bank of Canada

    10/2/2023       133,230       SEK       10,000       GBP       58        
                                            $ 224     $ (31

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

           

France

   $ 39,944,101      $      $ 223,424 *     $ 40,167,525  

Other

     320,854,636                      320,854,636  

Exchange-Traded Fund

     345,800                      345,800  

Investment of Cash Collateral for Securities Loaned

            29,197,912               29,197,912  

Total Investments in Securities

   $ 361,144,537      $ 29,197,912      $ 223,424      $ 390,565,873  

Financial Derivative Instruments

        

Foreign Currency Contracts1

   $      $ 224      $      $ 224  

Liabilities:

        

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (31    $      $ (31

Total – Net

   $ 361,144,537      $ 29,198,105      $ 223,424      $ 390,566,066  
*

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

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 LargeCap Dividend Fund (DOL)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.1%

 

Australia – 12.6%

 

ANZ Group Holdings Ltd.

     229,114      $ 3,794,348  

Aristocrat Leisure Ltd.

     11,024        290,643  

BHP Group Ltd.

     822,758        23,497,100  

Coles Group Ltd.

     70,715        710,150  

Commonwealth Bank of Australia(a)

     90,041        5,809,502  

CSL Ltd.

     5,529        894,959  

Goodman Group

     37,515        519,351  

Macquarie Group Ltd.

     14,596        1,580,060  

National Australia Bank Ltd.

     190,752        3,578,846  

Rio Tinto Ltd.

     40,333        2,955,810  

Rio Tinto PLC

     121,399        7,666,497  

Santos Ltd.

     119,841        611,028  

Telstra Group Ltd.

     763,494        1,897,122  

Transurban Group

     97,349        797,301  

Wesfarmers Ltd.

     45,669        1,558,036  

Westpac Banking Corp.

     161,138        2,199,567  

Woodside Energy Group Ltd.

     162,084        3,817,182  

Woolworths Group Ltd.

     31,683        763,127  
     

 

 

 
Total Australia

 

     62,940,629  
Austria – 0.1%

 

OMV AG

     15,889        762,395  
Belgium – 0.6%

 

Anheuser-Busch InBev SA

     16,308        906,643  

KBC Group NV

     29,223        1,829,783  

UCB SA

     3,955        324,687  
     

 

 

 
Total Belgium

 

     3,061,113  
China – 0.6%

 

BOC Hong Kong Holdings Ltd.

     640,634        1,754,579  

Prosus NV*

     14,502        428,683  

Wilmar International Ltd.

     268,300        733,211  
     

 

 

 
Total China

 

     2,916,473  
Denmark – 1.4%

 

AP Moller – Maersk AS, Class B

     752        1,359,712  

Carlsberg AS, Class B

     3,044        385,254  

Coloplast AS, Class B

     4,341        460,775  

Novo Nordisk AS, Class B

     44,362        4,055,641  

Orsted AS(b)

     7,761        424,347  

Tryg AS

     24,899        457,276  
     

 

 

 
Total Denmark

 

     7,143,005  
Finland – 1.3%

 

Fortum Oyj(a)

     60,810        707,886  

Kone Oyj, Class B

     17,342        732,965  

Neste Oyj(a)

     13,702        466,110  

Nordea Bank Abp

     234,289        2,590,416  

Sampo Oyj, Class A(a)

     34,248        1,485,938  

UPM-Kymmene Oyj

     17,953        617,181  
     

 

 

 
Total Finland

 

     6,600,496  
France – 13.5%      

Air Liquide SA

     9,568        1,619,198  

Airbus SE

     10,099      1,357,710  

AXA SA

     189,168        5,643,936  

BNP Paribas SA

     83,132        5,318,807  

Capgemini SE

     2,897        508,541  

Cie de Saint-Gobain SA

     16,805        1,012,026  

Cie Generale des Etablissements Michelin SCA

     27,768        854,640  

Danone SA

     24,557        1,358,746  

Engie SA

     214,699        3,302,852  

EssilorLuxottica SA

     6,340        1,108,632  

Hermes International SCA

     861        1,576,858  

Kering SA

     2,839        1,298,201  

L’Oreal SA

     10,551        4,392,387  

Legrand SA

     6,062        560,304  

LVMH Moet Hennessy Louis Vuitton SE

     12,197        9,251,285  

Orange SA

     261,360        3,005,124  

Pernod Ricard SA

     8,537        1,426,735  

Publicis Groupe SA

     9,514        722,835  

Sanofi

     44,970        4,831,665  

Schneider Electric SE

     11,207        1,862,632  

Societe Generale SA

     52,522        1,281,479  

Thales SA

     6,177        870,460  

TotalEnergies SE

     171,571        11,318,661  

Veolia Environnement SA

     28,085        815,631  

Vinci SA

     19,133        2,127,397  
     

 

 

 
Total France

 

     67,426,742  
Germany – 8.6%

 

adidas AG

     5,898        1,040,460  

Allianz SE, Registered Shares

     21,702        5,185,907  

BASF SE

     58,081        2,641,136  

Bayer AG, Registered Shares

     34,676        1,668,616  

Bayerische Motoren Werke AG

     38,658        3,944,752  

Deutsche Bank AG, Registered Shares

     47,760        528,414  

Deutsche Boerse AG

     3,590        622,209  

Deutsche Post AG, Registered Shares

     55,862        2,279,110  

Deutsche Telekom AG, Registered Shares

     231,102        4,861,287  

E.ON SE

     142,081        1,684,797  

Hannover Rueck SE

     5,535        1,218,332  

Hapag-Lloyd AG(a)(b)

     16,499        3,008,044  

Henkel AG & Co. KGaA

     8,607        544,208  

Infineon Technologies AG

     13,730        455,796  

Mercedes-Benz Group AG

     80,617        5,623,926  

Muenchener Rueckversicherungs-Gesellschaft AG, Registered Shares

     5,114        1,998,473  

RWE AG

     15,443        574,712  

SAP SE

     22,131        2,877,820  

Siemens Healthineers AG(b)

     19,188        975,134  

Volkswagen AG

     11,902        1,571,375  
     

 

 

 
Total Germany

 

     43,304,508  
Hong Kong – 2.6%

 

AIA Group Ltd.

     274,404        2,237,108  

CLP Holdings Ltd.

     130,000        961,906  

Hang Seng Bank Ltd.

     63,618        791,585  

Henderson Land Development Co. Ltd.

     380,219        1,002,512  

 

See Notes to Financial Statements.

 

44   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2023

 

 

 

Investments    Shares      Value  

Hong Kong & China Gas Co. Ltd.

     955,925      $ 666,426  

Hong Kong Exchanges & Clearing Ltd.

     39,624        1,480,363  

Link REIT

     206,355        1,011,770  

MTR Corp. Ltd.

     349,438        1,383,144  

Sun Hung Kai Properties Ltd.

     223,442        2,390,807  

Swire Properties Ltd.

     312,800        652,611  

Techtronic Industries Co. Ltd.

     42,500        412,418  
     

 

 

 
Total Hong Kong

 

     12,990,650  
Ireland – 0.3%

 

CRH PLC

     25,882        1,434,830  
Israel – 0.2%

 

Bank Hapoalim BM

     30,478        271,316  

Bank Leumi Le-Israel BM

     109,512        906,415  
     

 

 

 
Total Israel

 

     1,177,731  
Italy – 1.8%

 

Assicurazioni Generali SpA

     92,831        1,903,286  

Eni SpA(a)

     247,736        4,001,504  

Ferrari NV

     2,291        678,439  

Snam SpA

     264,085        1,243,940  

Terna – Rete Elettrica Nazionale(a)

     126,713        956,274  
     

 

 

 
Total Italy

 

     8,783,443  
Japan – 17.3%

 

Aeon Co. Ltd.

     16,645        330,446  

Asahi Group Holdings Ltd.

     14,235        533,246  

Astellas Pharma, Inc.

     49,700        690,754  

Bandai Namco Holdings, Inc.

     22,600        460,708  

Bridgestone Corp.

     21,855        853,696  

Canon, Inc.

     43,836        1,058,997  

Chugai Pharmaceutical Co. Ltd.

     54,600        1,691,877  

Dai-ichi Life Holdings, Inc.

     34,500        716,009  

Daiichi Sankyo Co. Ltd.

     12,400        341,192  

Daikin Industries Ltd.

     2,800        440,476  

Daiwa House Industry Co. Ltd.

     24,800        667,261  

Denso Corp.

     75,100        1,208,344  

East Japan Railway Co.

     5,900        338,244  

Eisai Co. Ltd.

     5,500        306,061  

FANUC Corp.

     24,975        651,551  

Fast Retailing Co. Ltd.

     2,400        524,148  

FUJIFILM Holdings Corp.

     10,300        597,604  

Fujitsu Ltd.(a)

     3,400        401,005  

Hitachi Ltd.

     18,800        1,168,504  

Honda Motor Co. Ltd.

     194,700        2,194,575  

Hoya Corp.

     3,200        328,631  

Inpex Corp.

     56,400        852,661  

ITOCHU Corp.(a)

     49,500        1,793,245  

Japan Post Holdings Co. Ltd.

     175,700        1,409,956  

Japan Tobacco, Inc.

     113,009        2,605,133  

Kao Corp.

     13,600        505,904  

KDDI Corp.

     94,480        2,897,872  

Keyence Corp.

     1,100        409,114  

Kirin Holdings Co. Ltd.

     32,800        460,046  

Komatsu Ltd.

     35,667        966,337  

Marubeni Corp.

     121,200      1,894,042  

Mitsubishi Corp.

     78,905        3,769,039  

Mitsubishi Electric Corp.

     57,481        712,229  

Mitsubishi Estate Co. Ltd.

     34,200        448,055  

Mitsubishi Heavy Industries Ltd.

     7,000        391,503  

Mitsubishi UFJ Financial Group, Inc.

     543,900        4,623,469  

Mitsui & Co. Ltd.

     85,100        3,092,627  

Mitsui Fudosan Co. Ltd.

     23,200        512,118  

Mizuho Financial Group, Inc.(a)

     117,014        1,992,512  

MS&AD Insurance Group Holdings, Inc.(a)

     26,200        964,778  

Murata Manufacturing Co. Ltd.

     45,530        834,170  

Nintendo Co. Ltd.

     42,300        1,765,984  

Nippon Steel Corp.(a)

     67,400        1,583,093  

Nippon Telegraph & Telephone Corp.

     3,688,600        4,365,266  

Ono Pharmaceutical Co. Ltd.

     17,100        328,650  

Otsuka Holdings Co. Ltd.

     13,300        473,533  

Panasonic Holdings Corp.

     64,984        732,472  

Recruit Holdings Co. Ltd.

     8,500        262,533  

Secom Co. Ltd.

     5,900        400,911  

Sekisui House Ltd.

     28,600        570,563  

Seven & I Holdings Co. Ltd.

     16,700        655,242  

Shin-Etsu Chemical Co. Ltd.

     64,500        1,877,189  

Shionogi & Co. Ltd.

     7,300        327,075  

SMC Corp.

     1,050        471,295  

SoftBank Corp.

     395,000        4,474,770  

Sompo Holdings, Inc.(a)

     18,500        797,524  

Subaru Corp.

     22,000        428,427  

Sumitomo Corp.(a)

     99,010        1,979,868  

Sumitomo Mitsui Financial Group, Inc.

     66,594        3,278,714  

Suzuki Motor Corp.

     11,217        452,213  

Takeda Pharmaceutical Co. Ltd.(a)

     70,700        2,198,819  

TDK Corp.

     9,300        345,389  

Tokio Marine Holdings, Inc.

     103,000        2,391,657  

Tokyo Electron Ltd.

     17,750        2,431,295  

Toyota Motor Corp.

     429,365        7,703,969  
     

 

 

 
Total Japan

 

     86,934,590  
Netherlands – 1.6%

 

ASML Holding NV

     3,780        2,237,560  

Ferrovial SE(a)

     15,554        477,072  

Heineken Holding NV

     6,572        496,809  

Heineken NV(a)

     12,123        1,071,228  

JDE Peet’s NV(a)

     14,143        395,610  

Koninklijke Ahold Delhaize NV(a)

     31,264        944,034  

NN Group NV(a)

     17,252        556,004  

Universal Music Group NV(a)

     36,733        961,776  

Wolters Kluwer NV(a)

     5,496        667,136  
     

 

 

 
Total Netherlands

 

     7,807,229  
Norway – 1.7%

 

Aker BP ASA

     37,482        1,042,649  

DNB Bank ASA

     104,655        2,120,471  

Equinor ASA

     95,487        3,151,089  

Telenor ASA

     189,284        2,161,294  
     

 

 

 
Total Norway

 

     8,475,503  

 

See Notes to Financial Statements.

 

WisdomTree Trust      45  


Schedule of Investments (unaudited) (continued)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2023

 

 

 

Investments    Shares      Value  
Portugal – 0.3%

 

EDP – Energias de Portugal SA

     164,581      $ 685,848  

Jeronimo Martins SGPS SA

     31,668        712,816  
     

 

 

 
Total Portugal

 

     1,398,664  
Singapore – 2.1%

 

CapitaLand Investment Ltd.

     273,000        620,046  

DBS Group Holdings Ltd.

     143,534        3,537,610  

Oversea-Chinese Banking Corp. Ltd.

     281,512        2,642,075  

Singapore Telecommunications Ltd.

     835,600        1,481,539  

United Overseas Bank Ltd.

     102,386        2,137,886  
     

 

 

 
Total Singapore

 

     10,419,156  
Spain – 4.0%

 

Banco Bilbao Vizcaya Argentaria SA(a)

     310,668        2,535,971  

Banco Santander SA

     603,878        2,313,509  

CaixaBank SA

     299,473        1,200,416  

Endesa SA

     130,552        2,664,228  

Iberdrola SA

     264,799        2,970,371  

Industria de Diseno Textil SA

     107,072        4,000,562  

Naturgy Energy Group SA(a)

     61,737        1,683,778  

Repsol SA

     66,670        1,099,038  

Telefonica SA(a)

     443,410        1,815,873  
     

 

 

 
Total Spain

 

     20,283,746  
Sweden – 1.8%

 

Assa Abloy AB, Class B

     18,021        395,114  

Atlas Copco AB, Class A

     43,261        586,346  

Atlas Copco AB, Class B

     35,142        414,684  

Epiroc AB, Class A

     12,002        229,784  

EQT AB(a)

     12,662        252,792  

Essity AB, Class B

     20,205        438,722  

Evolution AB(b)

     3,114        317,127  

Sandvik AB

     30,269        561,682  

Skandinaviska Enskilda Banken AB, Class A

     91,155        1,096,206  

Svenska Handelsbanken AB, Class A

     82,423        740,155  

Swedbank AB, Class A

     86,161        1,596,455  

Telefonaktiebolaget LM Ericsson, Class B(a)

     115,504        566,984  

Telia Co. AB

     388,627        807,359  

Volvo AB, Class B

     49,675        1,031,524  
     

 

 

 
Total Sweden

 

     9,034,934  
Switzerland – 11.1%

 

ABB Ltd., Registered Shares

     52,837        1,894,462  

Cie Financiere Richemont SA, Class A, Registered Shares

     10,374        1,270,101  

DSM-Firmenich AG

     3,842        325,946  

Geberit AG, Registered Shares

     922        462,613  

Givaudan SA, Registered Shares

     179        585,839  

Holcim AG, Registered Shares*

     28,734        1,846,288  

Kuehne & Nagel International AG, Registered Shares

     5,144        1,467,626  

Nestle SA, Registered Shares

     97,836        11,094,782  

Novartis AG, Registered Shares

     129,718        13,310,700  

Partners Group Holding AG

     914        1,033,595  

Roche Holding AG

     26,622        7,288,456  

Roche Holding AG, Bearer Shares(a)

     3,770      1,110,230  

SGS SA, Registered Shares

     9,093        765,569  

Sika AG, Registered Shares

     1,968        501,466  

Sonova Holding AG, Registered Shares

     1,213        288,664  

Swiss Life Holding AG, Registered Shares

     1,512        944,752  

Swiss Re AG

     21,890        2,256,958  

Swisscom AG, Registered Shares

     3,411        2,029,150  

UBS Group AG, Registered Shares

     99,470        2,467,178  

Zurich Insurance Group AG

     10,096        4,636,346  
     

 

 

 
Total Switzerland

 

     55,580,721  
United Kingdom – 13.9%

 

Anglo American PLC

     96,518        2,668,873  

Ashtead Group PLC

     6,681        407,888  

AstraZeneca PLC

     35,903        4,865,051  

Aviva PLC

     161,914        770,339  

BAE Systems PLC

     86,514        1,053,623  

Barclays PLC

     609,346        1,182,096  

BP PLC

     769,198        4,989,019  

British American Tobacco PLC

     137,941        4,338,736  

BT Group PLC(a)

     560,567        798,461  

CNH Industrial NV

     27,485        335,811  

Compass Group PLC

     22,923        559,573  

Diageo PLC

     63,753        2,360,868  

HSBC Holdings PLC

     1,420,110        11,178,147  

Imperial Brands PLC

     88,187        1,794,302  

Legal & General Group PLC

     395,809        1,074,908  

Lloyds Banking Group PLC

     3,041,670        1,647,240  

London Stock Exchange Group PLC

     6,330        636,165  

National Grid PLC

     273,049        3,266,045  

Prudential PLC

     45,498        493,573  

Reckitt Benckiser Group PLC

     29,472        2,084,220  

RELX PLC

     58,878        1,994,213  

Shell PLC

     379,790        12,080,180  

SSE PLC

     51,211        1,006,340  

Standard Chartered PLC

     64,268        594,592  

Tesco PLC

     317,185        1,022,824  

Unilever PLC

     89,859        4,455,095  

Vodafone Group PLC

     2,008,115        1,882,861  
     

 

 

 
Total United Kingdom

 

     69,541,043  
United States – 1.7%

 

GSK PLC

     234,884        4,277,379  

Stellantis NV

     210,798        4,064,151  
     

 

 

 
Total United States               8,341,530  

TOTAL COMMON STOCKS

(Cost: $424,146,525)

              496,359,131  
EXCHANGE-TRADED FUND – 0.2%

 

United States – 0.2%

 

WisdomTree International MidCap Dividend Fund(c)

     
(Cost: $853,330)      14,870        834,951  

 

See Notes to Financial Statements.

 

46   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2023

 

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.7%

 

United States – 4.7%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 5.36%(d)

 

(Cost: $23,699,794)      23,699,794      $ 23,699,794  

TOTAL INVESTMENTS IN SECURITIES – 104.0%

(Cost: $448,699,649)

 

 

     520,893,876  

Other Assets less Liabilities – (4.0)%

        (19,921,118
     

 

 

 
NET ASSETS – 100.0%             $ 500,972,758  

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $28,525,422 and the total market value of the collateral held by the Fund was $29,963,266. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $6,263,472.

 

(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, 2023.

 

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, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree International MidCap Dividend Fund

  $ 344,680     $ 3,138,770     $ 2,626,681     $ 16,165     $ (37,983   $ 834,951     $ 25,364  

 

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
 

Morgan Stanley & Co. International

    10/2/2023       1,131,200       JPY       7,572       USD     $ 9     $  

Morgan Stanley & Co. International

    10/3/2023       497,628       HKD       63,570       USD             (31
                                            $ 9     $ (31

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 496,359,131      $      $      $ 496,359,131  

Exchange-Traded Fund

     834,951                      834,951  

Investment of Cash Collateral for Securities Loaned

            23,699,794               23,699,794  

Total Investments in Securities

   $ 497,194,082      $ 23,699,794      $      $ 520,893,876  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 9      $      $ 9  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (31    $      $ (31

Total – Net

   $ 497,194,082      $ 23,699,772      $      $ 520,893,854  

 

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 International MidCap Dividend Fund (DIM)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.3%

 

Australia – 11.0%

 

AGL Energy Ltd.(a)

     36,683      $ 254,035  

ALS Ltd.

     15,123        111,952  

Ampol Ltd.

     19,678        429,266  

Ansell Ltd.

     3,873        55,317  

APA Group

     92,383        494,879  

ASX Ltd.(a)

     9,961        367,215  

Aurizon Holdings Ltd.(a)

     100,516        226,407  

Bank of Queensland Ltd.(a)

     30,224        111,968  

Beach Energy Ltd.

     22,958        24,300  

Bendigo & Adelaide Bank Ltd.

     29,981        172,793  

BlueScope Steel Ltd.

     14,759        185,175  

Brambles Ltd.

     42,529        393,058  

Brickworks Ltd.

     6,775        109,183  

carsales.com Ltd.

     10,265        185,103  

Challenger Ltd.

     22,179        91,898  

Charter Hall Group

     15,621        95,676  

Cleanaway Waste Management Ltd.

     38,928        61,052  

Cochlear Ltd.

     1,040        171,375  

Computershare Ltd.

     12,868        215,598  

Dexus(a)

     104,705        493,309  

Downer EDI Ltd.(a)

     32,755        87,097  

Endeavour Group Ltd.(a)

     47,077        160,121  

GPT Group(a)

     86,128        216,789  

Harvey Norman Holdings Ltd.(a)

     126,875        316,895  

IDP Education Ltd.(a)

     3,532        48,737  

IGO Ltd.(a)

     7,614        62,212  

Iluka Resources Ltd.

     17,162        85,066  

Incitec Pivot Ltd.

     140,417        284,563  

Insurance Australia Group Ltd.

     49,737        182,329  

JB Hi-Fi Ltd.(a)

     12,067        353,733  

Lendlease Corp. Ltd.(a)

     13,062        60,529  

Medibank Pvt Ltd.

     149,724        332,414  

Metcash Ltd.

     81,508        198,848  

Mineral Resources Ltd.(a)

     2,262        98,733  

Mirvac Group

     196,017        269,465  

New Hope Corp. Ltd.

     84,122        344,756  

NIB Holdings Ltd.

     22,790        109,285  

Nine Entertainment Co. Holdings Ltd.(a)

     106,184        140,489  

Northern Star Resources Ltd.

     27,700        186,999  

Orica Ltd.

     10,121        101,835  

Origin Energy Ltd.

     91,889        520,699  

Premier Investments Ltd.

     6,628        106,943  

QBE Insurance Group Ltd.

     32,629        330,833  

Qube Holdings Ltd.

     44,053        81,599  

REA Group Ltd.(a)

     1,886        187,842  

Reece Ltd.(a)

     10,440        125,528  

Scentre Group

     265,226        421,095  

SEEK Ltd.(a)

     8,215        117,014  

Seven Group Holdings Ltd.

     8,864        178,204  

Sonic Healthcare Ltd.

     21,861        420,451  

South32 Ltd.

     640,868        1,402,159  

Steadfast Group Ltd.

     38,154        138,883  

Stockland

     264,570        669,354  

Suncorp Group Ltd.

     40,549      365,599  

TPG Telecom Ltd.(a)

     70,888        249,801  

Treasury Wine Estates Ltd.

     18,009        143,312  

Vicinity Ltd.

     239,107        261,572  

Viva Energy Group Ltd.(b)

     140,120        271,300  

Washington H Soul Pattinson & Co. Ltd.(a)

     9,607        202,070  

Whitehaven Coal Ltd.

     63,933        293,375  

Worley Ltd.

     17,477        196,379  
     

 

 

 
Total Australia

 

     14,574,466  
Austria – 1.7%

 

ANDRITZ AG

     5,065        256,438  

BAWAG Group AG*(b)

     7,004        322,277  

Erste Group Bank AG

     24,999        868,670  

EVN AG

     5,616        150,432  

Telekom Austria AG

     21,832        152,557  

Vienna Insurance Group AG Wiener Versicherung Gruppe

     6,348        177,433  

Voestalpine AG

     8,180        223,789  

Wienerberger AG

     3,242        82,516  
     

 

 

 
Total Austria

 

     2,234,112  
Belgium – 2.4%

 

Ackermans & van Haaren NV

     374        56,664  

Aedifica SA

     1,425        81,244  

Ageas SA

     19,288        797,038  

Cofinimmo SA

     2,646        181,814  

D’ieteren Group

     733        124,093  

Elia Group SA

     1,124        110,257  

Etablissements Franz Colruyt NV

     5,393        233,875  

Groupe Bruxelles Lambert NV

     5,747        429,332  

Melexis NV

     1,890        163,485  

Proximus SADP

     35,764        291,486  

Solvay SA

     3,822        424,280  

Umicore SA(a)

     5,304        126,070  

Warehouses De Pauw CVA

     5,668        140,663  
     

 

 

 
Total Belgium

 

     3,160,301  
Burkina Faso – 0.1%

 

Endeavour Mining PLC

     8,778        169,924  
China – 0.1%

 

BOC Aviation Ltd.(b)

     25,700        179,332  
Denmark – 0.8%

 

Chr Hansen Holding AS

     2,024        124,259  

Novozymes AS, Class B

     2,837        114,677  

Pandora AS

     3,637        377,787  

Royal Unibrew AS

     1,687        130,731  

Topdanmark AS

     8,375        364,813  
     

 

 

 
Total Denmark

 

     1,112,267  
Egypt – 0.0%

 

Energean PLC

     4,349        60,672  
Finland – 1.6%

 

Elisa Oyj

     10,183        473,189  

Huhtamaki Oyj(a)

     2,640        87,067  

Kesko Oyj, Class A(a)

     6,621        121,273  

 

See Notes to Financial Statements.

 

48   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Kesko Oyj, Class B

     12,883      $ 231,469  

Kojamo Oyj(a)

     6,573        58,457  

Metsa Board Oyj, Class B(a)

     14,739        118,675  

Metso Oyj

     23,527        247,946  

Orion Oyj, Class B

     3,397        133,865  

Stora Enso Oyj, Class R(a)

     21,628        272,265  

TietoEVRY Oyj

     6,153        138,759  

Valmet Oyj(a)

     8,611        197,472  
     

 

 

 
Total Finland

 

     2,080,437  
France – 5.3%

 

ALD SA(b)

     33,732        261,960  

Alten SA

     331        43,666  

Arkema SA

     2,234        221,293  

BioMerieux

     1,040        101,103  

Bouygues SA

     20,785        729,283  

Bureau Veritas SA

     8,704        216,653  

Carrefour SA

     21,525        371,128  

Dassault Aviation SA

     1,326        250,456  

Eiffage SA

     2,802        267,114  

Elis SA

     7,827        138,059  

Eramet SA(a)

     1,563        119,561  

Eurazeo SE

     1,852        110,687  

Gaztransport & Technigaz SA

     1,603        197,721  

Gecina SA

     3,586        367,329  

Getlink SE

     6,157        98,498  

Imerys SA

     2,831        83,925  

Interparfums SA

     1,094        60,925  

Ipsen SA

     1,006        132,286  

Klepierre SA

     21,696        533,608  

La Francaise des Jeux SAEM(b)

     10,198        332,552  

Lagardere SA(a)

     3,979        80,717  

Nexans SA

     816        66,567  

Remy Cointreau SA(a)

     605        74,079  

Rexel SA

     18,596        419,365  

Rothschild & Co.

     4,279        174,873  

Rubis SCA

     7,244        162,902  

Societe BIC SA

     1,454        96,137  

Sodexo SA

     1,944        200,717  

Sopra Steria Group SACA

     512        106,193  

SPIE SA

     4,284        124,822  

Technip Energies NV

     6,017        150,153  

Valeo SE

     4,774        82,539  

Verallia SA(b)

     3,988        157,407  

Vivendi SE

     44,606        391,792  

Wendel SE

     1,206        95,828  
     

 

 

 
Total France

 

     7,021,898  
Germany – 4.7%

 

AIXTRON SE

     1,127        41,548  

Aurubis AG

     1,053        78,197  

Bechtle AG

     1,767        82,765  

Brenntag SE

     3,283        255,407  

Carl Zeiss Meditec AG, Bearer Shares

     749        65,677  

DWS Group GmbH & Co. KGaA(b)

     19,706        671,812  

Evonik Industries AG

     25,329        464,606  

Fielmann Group AG

     3,667      158,714  

Freenet AG

     8,247        193,665  

GEA Group AG

     4,463        165,193  

Heidelberg Materials AG

     9,131        710,751  

HOCHTIEF AG

     2,357        238,942  

Hugo Boss AG

     1,593        101,060  

K & S AG, Registered Shares

     2,416        43,945  

MTU Aero Engines AG

     652        118,560  

Puma SE

     2,646        164,725  

Rheinmetall AG

     802        207,100  

Scout24 SE(b)

     1,403        97,533  

Sixt SE

     1,175        109,226  

Stroeer SE & Co. KGaA

     2,438        108,670  

Suedzucker AG

     9,870        147,134  

Synlab AG

     5,470        58,435  

Talanx AG

     14,577        926,004  

Telefonica Deutschland Holding AG

     225,605        404,866  

United Internet AG, Registered Shares

     3,474        74,518  

Wacker Chemie AG

     3,268        469,348  
     

 

 

 
Total Germany

 

     6,158,401  
Hong Kong – 3.3%

 

Bank of East Asia Ltd.

     148,380        184,152  

Champion REIT

     322,000        106,075  

Hang Lung Group Ltd.

     84,000        118,409  

Hang Lung Properties Ltd.

     285,000        390,099  

Hysan Development Co. Ltd.

     76,000        147,306  

New World Development Co. Ltd.

     272,000        529,285  

PCCW Ltd.

     1,282,000        584,375  

Power Assets Holdings Ltd.

     233,000        1,127,537  

Sino Land Co. Ltd.

     631,454        711,931  

Swire Pacific Ltd., Class A

     43,000        290,168  

Swire Pacific Ltd., Class B

     165,000        180,341  
     

 

 

 
Total Hong Kong

 

     4,369,678  
Ireland – 0.6%

 

AIB Group PLC

     38,062        171,670  

Bank of Ireland Group PLC

     6,387        62,821  

Glanbia PLC

     6,526        107,856  

Kingspan Group PLC

     1,792        134,631  

Smurfit Kappa Group PLC

     8,886        296,918  
     

 

 

 
Total Ireland

 

     773,896  
Israel – 2.1%

 

Alony Hetz Properties & Investments Ltd.

     8,229        56,416  

Amot Investments Ltd.

     32,339        156,726  

Ashtrom Group Ltd.

     6,005        81,912  

Azrieli Group Ltd.

     3,154        161,884  

Bezeq The Israeli Telecommunication Corp. Ltd.

     130,467        184,031  

Elbit Systems Ltd.

     462        92,000  

First International Bank of Israel Ltd.

     4,365        187,579  

ICL Group Ltd.

     151,338        837,586  

Israel Discount Bank Ltd., Class A

     42,154        227,988  

Mizrahi Tefahot Bank Ltd.

     13,893        503,973  

Phoenix Holdings Ltd.

     15,222        158,418  

Strauss Group Ltd.*

     3,172        66,714  
     

 

 

 
Total Israel

 

     2,715,227  

 

See Notes to Financial Statements.

 

WisdomTree Trust      49  


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2023

 

 

 

Investments    Shares      Value  
Italy – 5.2%

 

A2A SpA

     208,410      $ 372,023  

ACEA SpA(a)

     12,158        132,713  

Amplifon SpA(a)

     2,439        72,614  

Banca Generali SpA

     7,075        251,012  

Banca Mediolanum SpA

     38,502        330,270  

Banco BPM SpA

     89,976        432,014  

BPER Banca

     42,411        130,083  

Brembo SpA(a)

     7,849        97,727  

Brunello Cucinelli SpA(a)

     386        29,445  

Buzzi SpA

     5,215        143,114  

Davide Campari-Milano NV

     8,882        104,994  

De’ Longhi SpA

     6,203        135,420  

DiaSorin SpA(a)

     417        38,154  

ERG SpA

     6,256        151,282  

FinecoBank Banca Fineco SpA

     16,762        204,354  

Hera SpA

     67,904        186,204  

Infrastrutture Wireless Italiane SpA(b)

     32,676        389,721  

Italgas SpA(a)

     63,737        327,420  

Leonardo SpA

     10,621        153,606  

Mediobanca Banca di Credito Finanziario SpA(a)

     61,606        817,274  

Moncler SpA

     3,561        207,663  

Poste Italiane SpA(b)

     81,113        856,036  

Prysmian SpA

     4,123        166,533  

Recordati Industria Chimica e Farmaceutica SpA

     5,856        277,204  

Salvatore Ferragamo SpA(a)

     3,374        44,796  

Unipol Gruppo SpA

     34,844        188,956  

UnipolSai Assicurazioni SpA(a)

     245,368        593,865  
     

 

 

 
Total Italy

 

     6,834,497  
Japan – 27.2%

 

ABC-Mart, Inc.

     5,934        106,890  

Advantest Corp.(a)

     13,600        381,046  

AGC, Inc.

     9,628        338,343  

Air Water, Inc.

     7,600        94,882  

Aisin Corp.(a)

     11,500        435,416  

Alfresa Holdings Corp.(a)

     8,700        143,130  

Amada Co. Ltd.(a)

     14,900        150,223  

Aozora Bank Ltd.(a)

     8,700        178,110  

Asahi Kasei Corp.

     42,800        269,578  

Asics Corp.

     1,600        56,001  

Azbil Corp.(a)

     2,000        61,357  

Bank of Kyoto Ltd.*(a)

     1,800        102,566  

Brother Industries Ltd.

     6,700        108,138  

Canon Marketing Japan, Inc.

     5,300        137,699  

Capcom Co. Ltd.

     4,100        147,954  

Casio Computer Co. Ltd.(a)

     8,500        71,401  

Chiba Bank Ltd.

     23,200        169,074  

Chubu Electric Power Co., Inc.

     29,800        380,825  

Coca-Cola Bottlers Japan Holdings, Inc.

     10,800        142,287  

COMSYS Holdings Corp.(a)

     5,500        115,215  

Concordia Financial Group Ltd.

     43,600        199,118  

Cosmo Energy Holdings Co. Ltd.

     5,700        200,918  

CyberAgent, Inc.(a)

     8,300        44,847  

Dai Nippon Printing Co. Ltd.

     7,179        187,142  

Daifuku Co. Ltd.

     5,300        100,495  

Daito Trust Construction Co. Ltd.

     3,820      403,183  

Daiwa Securities Group, Inc.(a)

     81,500        471,386  

Dentsu Group, Inc.

     7,900        232,937  

Disco Corp.

     3,900        720,804  

Dowa Holdings Co. Ltd.

     1,300        40,518  

Ebara Corp.

     3,300        154,999  

Electric Power Development Co. Ltd.

     7,300        118,287  

ENEOS Holdings, Inc.(a)

     191,900        758,598  

Fuji Electric Co. Ltd.

     3,175        143,532  

Fukuoka Financial Group, Inc.

     7,200        172,684  

Hakuhodo DY Holdings, Inc.(a)

     9,400        77,449  

Hamamatsu Photonics KK

     2,800        118,192  

Hankyu Hanshin Holdings, Inc.

     4,200        143,570  

Haseko Corp.(a)

     15,600        199,358  

Hirose Electric Co. Ltd.

     1,575        182,804  

Hitachi Construction Machinery Co. Ltd.

     8,100        246,759  

Hulic Co. Ltd.

     27,800        249,823  

Idemitsu Kosan Co. Ltd.

     14,766        340,194  

IHI Corp.(a)

     5,800        121,850  

Iida Group Holdings Co. Ltd.

     11,200        186,623  

Internet Initiative Japan, Inc.

     4,100        66,422  

Isuzu Motors Ltd.(a)

     30,800        388,135  

J Front Retailing Co. Ltd.

     9,400        96,315  

Japan Exchange Group, Inc.(a)

     14,800        275,123  

Japan Metropolitan Fund Invest

     346        224,909  

Japan Post Insurance Co. Ltd.

     13,800        233,090  

Kajima Corp.

     19,976        325,760  

Kakaku.com, Inc.

     3,800        38,630  

Kamigumi Co. Ltd.(a)

     6,500        134,160  

Kansai Electric Power Co., Inc.

     38,700        538,779  

Kansai Paint Co. Ltd.

     4,100        58,728  

Kawasaki Heavy Industries Ltd.(a)

     3,900        94,609  

Kawasaki Kisen Kaisha Ltd.(a)

     26,300        899,549  

Kewpie Corp.

     6,100        98,250  

Kikkoman Corp.

     1,600        84,104  

Koei Tecmo Holdings Co. Ltd.

     9,120        129,902  

Konami Group Corp.(a)

     3,500        184,986  

Kose Corp.

     700        50,920  

Kuraray Co. Ltd.

     19,600        232,613  

Kurita Water Industries Ltd.

     2,500        87,351  

Kyushu Railway Co.

     5,600        119,299  

Lawson, Inc.

     3,800        174,995  

Marui Group Co. Ltd.(a)

     5,100        83,049  

MatsukiyoCocokara & Co.

     6,000        107,777  

Mazda Motor Corp.

     22,800        259,207  

Mebuki Financial Group, Inc.

     46,000        127,527  

Medipal Holdings Corp.

     6,000        101,625  

MEIJI Holdings Co. Ltd.

     12,900        321,236  

MISUMI Group, Inc.

     2,900        45,407  

Mitsubishi Chemical Group Corp.

     63,300        399,885  

Mitsubishi Gas Chemical Co., Inc.(a)

     8,800        118,680  

Mitsui Chemicals, Inc.

     8,700        226,034  

Mitsui OSK Lines Ltd.(a)

     50,400        1,388,132  

Nabtesco Corp.

     3,300        59,631  

NEC Corp.

     5,400        298,941  

 

See Notes to Financial Statements.

 

50   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2023

 

 

 

Investments    Shares      Value  

NGK Insulators Ltd.(a)

     17,100      $ 227,121  

NH Foods Ltd.

     3,100        92,881  

Nikon Corp.

     10,300        108,815  

NIPPON EXPRESS HOLDINGS, Inc.

     3,200        167,329  

Nippon Sanso Holdings Corp.

     6,600        156,790  

Nippon Shinyaku Co. Ltd.

     1,800        76,342  

Nippon Yusen KK(a)

     72,400        1,885,384  

Nissan Chemical Corp.

     4,600        196,022  

Nisshin Seifun Group, Inc.

     8,000        102,154  

Nissin Foods Holdings Co. Ltd.

     1,900        158,201  

Niterra Co. Ltd.

     15,600        353,764  

Nitto Denko Corp.(a)

     5,900        387,785  

NOF Corp.

     2,800        112,131  

Nomura Holdings, Inc.

     126,100        506,259  

Nomura Real Estate Holdings, Inc.

     9,468        238,120  

NSK Ltd.

     27,000        152,202  

Obayashi Corp.

     32,600        287,605  

Oji Holdings Corp.

     27,662        116,598  

Open House Group Co. Ltd.

     3,100        105,407  

Oracle Corp.

     2,300        171,084  

Osaka Gas Co. Ltd.

     10,300        169,935  

Otsuka Corp.

     4,500        190,947  

Persol Holdings Co. Ltd.

     39,000        63,613  

Pola Orbis Holdings, Inc.

     6,500        78,253  

Resona Holdings, Inc.

     77,600        430,733  

Resonac Holdings Corp.(a)

     5,400        90,648  

Ricoh Co. Ltd.

     17,400        150,475  

Rohm Co. Ltd.

     7,600        143,469  

Rohto Pharmaceutical Co. Ltd.

     3,000        81,521  

Ryohin Keikaku Co. Ltd.

     8,500        110,248  

Sankyo Co. Ltd.

     2,700        124,013  

Santen Pharmaceutical Co. Ltd.

     14,900        137,143  

Sanwa Holdings Corp.

     7,000        93,255  

SBI Holdings, Inc.(a)

     22,300        470,433  

SCREEN Holdings Co. Ltd.

     3,600        175,652  

SCSK Corp.

     8,600        150,360  

Sega Sammy Holdings, Inc.

     8,100        149,760  

Seiko Epson Corp.(a)

     10,800        170,043  

Sekisui Chemical Co. Ltd.

     11,900        171,692  

Seven Bank Ltd.(a)

     81,600        170,008  

SG Holdings Co. Ltd.

     17,800        228,427  

Shimadzu Corp.

     4,700        125,102  

Shimamura Co. Ltd.

     1,200        118,774  

Shimizu Corp.

     19,200        133,747  

Shinko Electric Industries Co. Ltd.(a)

     1,900        74,141  

SHO-BOND Holdings Co. Ltd.

     1,400        55,127  

Sohgo Security Services Co. Ltd.

     16,800        101,571  

Sojitz Corp.(a)

     18,780        412,537  

Square Enix Holdings Co. Ltd.

     3,600        123,639  

Stanley Electric Co. Ltd.

     3,400        53,828  

SUMCO Corp.

     11,500        150,199  

Sumitomo Chemical Co. Ltd.

     72,200        196,920  

Sumitomo Electric Industries Ltd.

     24,412        294,711  

Sumitomo Forestry Co. Ltd.

     15,900        405,531  

Sumitomo Heavy Industries Ltd.

     8,700        221,078  

Sumitomo Metal Mining Co. Ltd.

     16,900      498,195  

Sumitomo Mitsui Trust Holdings, Inc.

     14,800        558,477  

Sumitomo Pharma Co. Ltd.

     10,790        38,735  

Sumitomo Realty & Development Co. Ltd.

     7,400        192,705  

Sumitomo Rubber Industries Ltd.

     8,700        96,255  

Sundrug Co. Ltd.

     3,300        89,673  

Suntory Beverage & Food Ltd.

     5,400        164,651  

T&D Holdings, Inc.

     23,351        386,197  

Taisei Corp.

     6,075        214,177  

Taiyo Yuden Co. Ltd.(a)

     2,500        67,834  

TechnoPro Holdings, Inc.

     3,200        69,758  

THK Co. Ltd.

     4,800        87,926  

TIS, Inc.

     4,600        101,510  

Tokyo Gas Co. Ltd.

     15,800        359,040  

Tokyo Tatemono Co. Ltd.

     9,800        135,811  

Tokyu Corp.

     6,500        75,095  

Tokyu Fudosan Holdings Corp.

     24,300        149,651  

Toray Industries, Inc.

     37,600        196,032  

Tosoh Corp.

     24,400        313,615  

TOTO Ltd.

     3,700        95,782  

Toyo Seikan Group Holdings Ltd.

     13,000        213,218  

Toyo Suisan Kaisha Ltd.

     1,600        62,885  

Toyota Boshoku Corp.

     7,300        133,354  

Toyota Tsusho Corp.

     12,000        707,254  

Trend Micro, Inc.

     5,030        191,054  

Tsuruha Holdings, Inc.

     800        53,852  

USS Co. Ltd.

     12,600        208,769  

West Japan Railway Co.

     4,700        194,803  

Yakult Honsha Co. Ltd.

     5,400        131,467  

Yamada Holdings Co. Ltd.

     38,200        117,627  

Yamaha Motor Co. Ltd.

     13,360        351,939  

Yamato Holdings Co. Ltd.

     7,500        122,382  

Yaskawa Electric Corp.(a)

     4,100        148,229  

Yokogawa Electric Corp.

     4,500        87,105  

Yokohama Rubber Co. Ltd.

     4,900        102,187  

ZOZO, Inc.(a)

     6,600        121,297  
     

 

 

 
Total Japan

 

     35,938,033  
Netherlands – 4.2%

 

Aalberts NV

     2,534        93,042  

Aegon NV(a)

     86,440        419,337  

Arcadis NV

     2,542        114,651  

ASM International NV(a)

     437        183,913  

ASR Nederland NV

     11,145        419,128  

BE Semiconductor Industries NV(a)

     4,611        454,016  

CTP NV(b)

     14,984        214,803  

Euronext NV(b)

     2,925        204,392  

IMCD NV(a)

     769        97,702  

Koninklijke KPN NV

     291,294        961,923  

Koninklijke Vopak NV

     7,473        256,508  

OCI NV*(a)

     30,510        852,462  

Randstad NV(a)

     16,434        911,386  

SBM Offshore NV(a)

     11,908        156,712  

Signify NV(b)

     5,522        149,142  
     

 

 

 
Total Netherlands

 

     5,489,117  

 

See Notes to Financial Statements.

 

WisdomTree Trust      51  


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2023

 

 

 

Investments    Shares      Value  
Norway – 2.4%

 

Aker ASA, Class A

     2,241      $ 138,893  

Gjensidige Forsikring ASA

     26,724        395,554  

Kongsberg Gruppen ASA

     2,079        86,201  

Leroy Seafood Group ASA

     30,437        128,374  

Mowi ASA

     18,352        326,912  

Norsk Hydro ASA

     93,961        593,390  

Orkla ASA

     34,451        258,945  

Salmar ASA

     7,050        360,025  

SpareBank 1 SR-Bank ASA

     11,894        137,150  

Storebrand ASA

     18,114        148,373  

TOMRA Systems ASA

     1,039        11,927  

Wallenius Wilhelmsen ASA

     12,652        100,590  

Yara International ASA

     14,278        543,836  
     

 

 

 
Total Norway

 

     3,230,170  
Portugal – 0.6%

 

Galp Energia SGPS SA

     36,276        539,237  

Navigator Co. SA

     49,704        187,763  
     

 

 

 
Total Portugal

 

     727,000  
Singapore – 4.8%

 

CapitaLand Ascendas REIT

     341,600        688,255  

CapitaLand Ascott Trust

     190,700        134,128  

CapitaLand Integrated Commercial Trust

     509,700        690,853  

City Developments Ltd.

     36,500        176,764  

ComfortDelGro Corp. Ltd.

     120,300        114,580  

Frasers Centrepoint Trust

     103,300        165,746  

Frasers Logistics & Commercial Trust

     365,300        286,373  

Genting Singapore Ltd.

     285,100        176,503  

Jardine Cycle & Carriage Ltd.

     23,111        540,651  

Keppel Corp. Ltd.

     85,700        426,962  

Keppel REIT

     327,600        205,215  

Mapletree Industrial Trust

     241,300        399,544  

Mapletree Logistics Trust

     241,600        297,376  

Mapletree Pan Asia Commercial Trust

     266,200        278,897  

Netlink NBN Trust

     248,600        152,996  

Olam Group Ltd.

     234,100        180,090  

Sembcorp Industries Ltd.

     61,900        230,838  

Singapore Exchange Ltd.

     55,200        394,315  

Singapore Technologies Engineering Ltd.

     151,900        435,145  

Suntec Real Estate Investment Trust

     248,800        211,450  

UOL Group Ltd.

     17,400        81,843  

Venture Corp. Ltd.

     11,100        100,599  
     

 

 

 
Total Singapore

 

     6,369,123  
Spain – 4.2%

 

Acciona SA

     1,745        222,996  

Acerinox SA

     22,237        215,752  

ACS Actividades de Construccion y Servicios SA

     32,076        1,157,033  

Banco de Sabadell SA

     191,317        222,914  

Bankinter SA(a)

     49,079        314,061  

Cia de Distribucion Integral Logista Holdings SA

     11,914        305,258  

CIE Automotive SA

     3,665        99,491  

Ebro Foods SA(a)

     4,873        82,033  

Enagas SA

     25,269        419,496  

Fluidra SA(a)

     8,631        177,004  

Fomento de Construcciones y Contratas SA(a)

     8,000      100,962  

Grupo Catalana Occidente SA

     5,411        174,731  

Inmobiliaria Colonial Socimi SA

     25,947        147,796  

Laboratorios Farmaceuticos Rovi SA

     2,002        108,842  

Mapfre SA(a)

     241,285        493,039  

Merlin Properties Socimi SA

     71,752        606,600  

Redeia Corp. SA

     31,047        489,614  

Unicaja Banco SA(b)

     74,517        80,394  

Viscofan SA(a)

     2,044        125,084  
     

 

 

 
Total Spain

 

     5,543,100  
Sweden – 3.6%

 

AAK AB(a)

     3,572        64,771  

Alfa Laval AB

     8,476        293,191  

Avanza Bank Holding AB(a)

     6,211        108,279  

Axfood AB

     8,409        193,812  

Beijer Ref AB(a)

     1,730        18,392  

Billerud Aktiebolag

     8,079        75,367  

Boliden AB

     11,637        336,818  

Epiroc AB, Class B

     8,662        139,687  

Fabege AB(a)

     16,552        133,035  

Hexpol AB

     17,145        153,314  

Holmen AB, Class B

     2,053        80,463  

Husqvarna AB, Class B(a)

     20,962        161,573  

Industrivarden AB, Class A

     6,577        174,835  

Industrivarden AB, Class C(a)

     4,316        114,652  

Indutrade AB

     4,251        79,313  

Investment AB Latour, Class B

     9,815        174,135  

Lifco AB, Class B

     4,866        85,973  

Nordnet AB publ

     10,495        139,493  

Saab AB, Class B

     1,627        83,385  

Sagax AB, Class B

     2,454        47,096  

Securitas AB, Class B(a)

     18,892        150,695  

SKF AB, Class B

     16,418        275,265  

SSAB AB, Class B

     92,193        510,005  

Svenska Cellulosa AB SCA, Class B

     9,332        128,802  

Sweco AB, Class B

     9,593        90,242  

Tele2 AB, Class B

     44,305        341,253  

Thule Group AB(a)(b)

     5,661        149,495  

Trelleborg AB, Class B

     5,116        128,180  

Volvo AB, Class A

     14,510        303,711  
     

 

 

 
Total Sweden

 

     4,735,232  
Switzerland – 4.8%

 

Allreal Holding AG, Registered Shares

     749        119,539  

Baloise Holding AG, Registered Shares

     3,434        498,883  

Banque Cantonale Vaudoise, Registered Shares(a)

     4,918        516,369  

BKW AG

     1,231        217,322  

Cembra Money Bank AG

     1,524        103,788  

Clariant AG, Registered Shares

     6,041        95,753  

Coca-Cola HBC AG

     10,275        282,050  

DKSH Holding AG

     2,578        174,863  

EFG International AG*

     18,675        212,309  

Galenica AG(b)

     2,247        166,413  

Georg Fischer AG, Registered Shares

     1,725        97,394  

Helvetia Holding AG, Registered Shares

     4,162        584,172  

 

See Notes to Financial Statements.

 

52   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Julius Baer Group Ltd.

     10,941      $ 703,965  

Logitech International SA, Registered Shares

     2,998        207,382  

OC Oerlikon Corp. AG, Registered Shares(a)

     16,617        70,697  

PSP Swiss Property AG, Registered Shares

     2,192        259,264  

Schindler Holding AG, Participation Certificate

     963        192,642  

Schindler Holding AG, Registered Shares

     1,607        310,579  

SFS Group AG

     963        105,479  

SIG Group AG(a)

     8,032        198,781  

Stadler Rail AG

     2,954        115,473  

Swatch Group AG, Bearer Shares

     683        175,752  

Swatch Group AG, Registered Shares

     2,861        140,267  

Swiss Prime Site AG, Registered Shares

     3,061        280,904  

Temenos AG, Registered Shares

     1,144        80,560  

VAT Group AG(b)

     668        240,241  

Vontobel Holding AG, Registered Shares

     2,807        167,536  
     

 

 

 
Total Switzerland

 

     6,318,377  
United Kingdom – 8.6%

 

Airtel Africa PLC(b)

     180,521        276,741  

Associated British Foods PLC

     18,244        460,496  

Auto Trader Group PLC(b)

     14,846        111,911  

Balfour Beatty PLC

     28,839        112,990  

Beazley PLC

     17,955        121,299  

Bellway PLC

     6,670        185,942  

Big Yellow Group PLC

     8,107        92,865  

British Land Co. PLC

     49,110        189,954  

Britvic PLC

     14,347        152,698  

Bunzl PLC

     9,047        323,098  

Burberry Group PLC

     8,599        200,307  

Centrica PLC

     82,398        155,332  

Computacenter PLC

     4,035        124,600  

ConvaTec Group PLC(b)

     40,192        106,845  

Croda International PLC

     2,124        127,419  

DCC PLC

     2,977        167,471  

Dechra Pharmaceuticals PLC

     1,639        75,778  

Derwent London PLC

     3,334        78,416  

Diploma PLC

     2,369        86,860  

Dr. Martens PLC

     18,864        32,534  

Drax Group PLC

     23,088        123,654  

DS Smith PLC

     62,607        219,387  

Fresnillo PLC

     22,328        150,215  

Games Workshop Group PLC

     1,340        172,876  

Halma PLC

     2,455        58,086  

Harbour Energy PLC

     42,652        134,260  

Hargreaves Lansdown PLC

     19,961        188,378  

Howden Joinery Group PLC

     18,856        169,480  

IMI PLC

     5,077        97,165  

Inchcape PLC

     18,019        166,818  

Informa PLC

     7,590        69,517  

InterContinental Hotels Group PLC

     4,668        346,068  

Intertek Group PLC

     3,733        187,356  

Investec PLC

     33,841        198,964  

ITV PLC

     272,092        234,530  

J Sainsbury PLC

     139,680        430,990  

Kingfisher PLC

     99,571        271,379  

Land Securities Group PLC

     41,208        296,648  

Mondi PLC

     16,240      272,053  

Next PLC

     4,520        402,512  

OSB Group PLC

     42,877        171,340  

Pearson PLC

     14,188        150,382  

Pennon Group PLC

     8,757        62,634  

Renishaw PLC

     1,490        64,052  

Rentokil Initial PLC

     22,044        164,179  

Rightmove PLC

     13,442        92,238  

Rotork PLC

     17,652        67,350  

RS Group PLC

     10,687        95,926  

Sage Group PLC

     24,145        291,460  

Schroders PLC

     55,985        278,250  

Segro PLC

     33,823        296,987  

Severn Trent PLC

     9,343        269,695  

Smith & Nephew PLC

     25,916        323,593  

Smiths Group PLC

     8,750        172,959  

Spectris PLC

     2,553        105,759  

Spirax-Sarco Engineering PLC

     957        111,270  

St. James’s Place PLC

     23,559        239,298  

Tate & Lyle PLC

     11,108        92,939  

Tritax Big Box REIT PLC

     81,832        139,632  

Unite Group PLC

     16,621        182,074  

United Utilities Group PLC

     27,087        313,485  

Weir Group PLC

     4,384        101,747  

Whitbread PLC

     3,324        140,538  
     

 

 

 
Total United Kingdom

 

     11,301,679  

TOTAL COMMON STOCKS

(Cost: $130,500,667)

 

 

     131,096,939  
RIGHTS – 0.0%

 

Italy – 0.0%

 

Brembo SpA, expiring 10/3/23*
(Cost: $0)
     7,849        0  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 8.8%

 

United States – 8.8%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $11,573,128)      11,573,128        11,573,128  

TOTAL INVESTMENTS IN SECURITIES – 108.1%

(Cost: $142,073,795)

 

 

     142,670,067  

Other Assets less Liabilities – (8.1)%

 

     (10,668,187
     

 

 

 
NET ASSETS – 100.0%

 

   $ 132,001,880  

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $174,873, which represents 0.13% of net assets.

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $20,268,095 and the total market value of the collateral held by the Fund was $21,288,038. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $9,714,910.

 

(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, 2023.

 

See Notes to Financial Statements.

 

WisdomTree Trust      53  


Schedule of Investments (unaudited) (concluded)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2023

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

           

France

   $ 6,847,025      $      $ 174,873 *     $ 7,021,898  

Japan

     35,835,467        102,566               35,938,033  

Other

     88,137,008                      88,137,008  

Rights

                   0 *       0  

Investment of Cash Collateral for Securities Loaned

            11,573,128               11,573,128  

Total Investments in Securities

   $ 130,819,500      $ 11,675,694      $ 174,873      $ 142,670,067  
*

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

See Notes to Financial Statements.

 

54   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.6%      
Australia – 8.7%      

Aristocrat Leisure Ltd.

     6,816      $ 179,701  

BlueScope Steel Ltd.

     7,776        97,562  

Brambles Ltd.

     26,333        243,373  

Cochlear Ltd.(a)

     1,485        244,703  

Coles Group Ltd.

     11,449        114,976  

Computershare Ltd.

     9,618        161,146  

EBOS Group Ltd.(a)

     10,075        207,032  

Lottery Corp. Ltd.

     71,856        218,894  

Medibank Pvt Ltd.

     71,148        157,961  

Orica Ltd.

     20,056        201,799  

Origin Energy Ltd.

     11,586        65,653  

Pilbara Minerals Ltd.(a)

     22,141        61,446  

Qantas Airways Ltd.*

     43,088        144,051  

QBE Insurance Group Ltd.

     26,162        265,263  

Reece Ltd.(a)

     8,970        107,853  

Suncorp Group Ltd.

     29,620        267,061  

Telstra Group Ltd.

     90,729        225,442  

Woodside Energy Group Ltd.

     15,098        355,568  

Woolworths Group Ltd.

     4,819        116,072  
     

 

 

 
Total Australia               3,435,556  
Austria – 0.6%      

Erste Group Bank AG

     5,006        173,950  

Verbund AG

     890        72,603  
     

 

 

 
Total Austria               246,553  
China – 1.7%      

BOC Hong Kong Holdings Ltd.

     125,500        343,721  

SITC International Holdings Co. Ltd.

     84,000        141,147  

Wilmar International Ltd.

     63,100        172,440  
     

 

 

 
Total China               657,308  
Denmark – 0.3%      

Carlsberg AS, Class B

     986        124,790  
Finland – 1.3%      

Elisa Oyj

     4,898        227,603  

Fortum Oyj(a)

     1,248        14,528  

Orion Oyj, Class B

     6,398        252,124  
     

 

 

 
Total Finland               494,255  
France – 11.1%      

AXA SA

     16,253        484,918  

Carrefour SA

     16,776        289,247  

Cie de Saint-Gobain SA

     5,062        304,842  

Danone SA

     5,918        327,445  

Dassault Aviation SA

     1,580        298,432  

Eiffage SA

     4,138        394,475  

Ipsen SA

     3,454        454,190  

La Francaise des Jeux SAEM(b)

     9,912        323,225  

Orange SA

     31,088        357,451  

Publicis Groupe SA

     3,574        271,538  

Sanofi

     4,667        501,432  

Sodexo SA

     3,347        345,575  
     

 

 

 
Total France               4,352,770  
Germany – 6.0%      

Beiersdorf AG

     1,188      153,640  

Brenntag SE

     2,720        211,608  

Deutsche Lufthansa AG, Registered Shares*

     14,172        112,625  

Deutsche Telekom AG, Registered Shares

     21,796        458,484  

E.ON SE

     22,216        263,437  

GEA Group AG

     4,346        160,862  

Hannover Rueck SE

     1,646        362,308  

Heidelberg Materials AG

     1,689        131,471  

Muenchener Rueckversicherungs-Gesellschaft AG, Registered Shares

     644        251,665  

Talanx AG

     3,921        249,081  
     

 

 

 
Total Germany               2,355,181  
Hong Kong – 1.3%      

Hong Kong & China Gas Co. Ltd.

     320,000        223,089  

Jardine Matheson Holdings Ltd.

     4,700        218,174  

WH Group Ltd.(b)

     167,000        87,638  
     

 

 

 
Total Hong Kong               528,901  
Ireland – 0.4%      

AIB Group PLC

     34,980        157,769  
Israel – 1.0%      

Check Point Software Technologies Ltd.*

     2,989        398,374  
Italy – 1.7%      

Assicurazioni Generali SpA

     15,106        309,714  

Enel SpA

     22,536        138,865  

Poste Italiane SpA(b)

     22,061        232,823  
     

 

 

 
Total Italy               681,402  
Japan – 25.3%      

AGC, Inc.

     3,900        137,052  

ANA Holdings, Inc.*(a)

     6,800        142,767  

Asahi Group Holdings Ltd.

     1,100        41,206  

Canon, Inc.

     12,300        297,145  

Central Japan Railway Co.

     5,700        138,847  

Chubu Electric Power Co., Inc.

     7,600        97,123  

Daiwa House Industry Co. Ltd.

     6,000        161,434  

Dentsu Group, Inc.

     2,600        76,663  

Disco Corp.

     300        55,446  

East Japan Railway Co.(a)

     1,500        85,994  

Fuji Electric Co. Ltd.

     1,100        49,728  

Hankyu Hanshin Holdings, Inc.

     3,200        109,386  

Hitachi Ltd.

     1,200        74,585  

Inpex Corp.

     25,200        380,976  

Japan Airlines Co. Ltd.

     6,200        120,822  

Japan Tobacco, Inc.

     3,900        89,904  

JFE Holdings, Inc.

     3,000        44,048  

Kajima Corp.

     9,300        151,661  

Kansai Electric Power Co., Inc.

     3,200        44,550  

Kawasaki Kisen Kaisha Ltd.(a)

     1,100        37,624  

KDDI Corp.

     2,600        79,747  

Kintetsu Group Holdings Co. Ltd.(a)

     4,200        119,280  

Kirin Holdings Co. Ltd.

     5,300        74,337  

Komatsu Ltd.

     2,900        78,571  

 

See Notes to Financial Statements.

 

WisdomTree Trust      55  


Schedule of Investments (unaudited) (continued)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2023

 

 

 

Investments    Shares      Value  

Marubeni Corp.

     2,700      $ 42,194  

Mazda Motor Corp.

     4,700        53,433  

McDonald’s Holdings Co. Japan Ltd.(a)

     3,400        130,099  

MEIJI Holdings Co. Ltd.

     6,000        149,412  

Mitsubishi Chemical Group Corp.(a)

     19,300        121,924  

Mitsubishi Corp.

     1,200        57,320  

Mitsubishi Heavy Industries Ltd.

     2,000        111,858  

Mitsui OSK Lines Ltd.(a)

     1,800        49,576  

Mizuho Financial Group, Inc.

     11,300        192,416  

MS&AD Insurance Group Holdings, Inc.(a)

     5,400        198,847  

NEC Corp.

     2,100        116,255  

NGK Insulators Ltd.

     4,700        62,425  

NIPPON EXPRESS HOLDINGS, Inc.

     2,600        135,954  

Nippon Steel Corp.(a)

     2,500        58,720  

Nippon Telegraph & Telephone Corp.

     123,200        145,801  

Nippon Yusen KK(a)

     3,100        80,728  

Nisshin Seifun Group, Inc.

     6,000        76,616  

Nissin Foods Holdings Co. Ltd.

     900        74,937  

Nitto Denko Corp.(a)

     600        39,436  

Obayashi Corp.

     19,600        172,916  

Odakyu Electric Railway Co. Ltd.(a)

     5,800        86,849  

Oji Holdings Corp.

     72,800        306,860  

Ono Pharmaceutical Co. Ltd.

     11,300        217,178  

Oracle Corp.

     3,400        252,907  

Osaka Gas Co. Ltd.

     7,300        120,440  

Otsuka Corp.

     2,400        101,838  

Otsuka Holdings Co. Ltd.

     4,700        167,339  

Panasonic Holdings Corp.

     5,500        61,994  

Renesas Electronics Corp.*

     12,000        183,790  

SCSK Corp.

     21,400        374,150  

Secom Co. Ltd.

     2,300        156,287  

Seiko Epson Corp.(a)

     16,500        259,787  

Sekisui Chemical Co. Ltd.

     9,000        129,851  

Sekisui House Ltd.

     7,100        141,643  

SG Holdings Co. Ltd.

     5,500        70,581  

Shimizu Corp.

     16,500        114,939  

Shionogi & Co. Ltd.

     5,500        246,427  

Subaru Corp.

     3,300        64,264  

SUMCO Corp.

     8,500        111,017  

Sumitomo Corp.

     3,100        61,990  

Sumitomo Mitsui Trust Holdings, Inc.

     4,400        166,034  

Takeda Pharmaceutical Co. Ltd.(a)

     7,300        227,035  

TIS, Inc.

     9,200        203,020  

Tobu Railway Co. Ltd.

     4,500        115,859  

Toho Co. Ltd.

     1,400        47,866  

Tokio Marine Holdings, Inc.

     6,300        146,286  

Tokyo Gas Co. Ltd.

     3,700        84,079  

Toshiba Corp.*(a)

     15,700        484,283  

Toyota Tsusho Corp.

     1,000        58,938  

USS Co. Ltd.

     4,500        74,560  

West Japan Railway Co.(a)

     2,800        116,053  

Yakult Honsha Co. Ltd.

     6,800        165,551  

Yokogawa Electric Corp.

     4,200        81,298  
     

 

 

 
Total Japan               9,960,756  
Jordan – 0.8%      

Hikma Pharmaceuticals PLC

     13,018      331,765  
Netherlands – 2.9%      

ABN AMRO Bank NV, CVA(b)

     11,589        164,907  

JDE Peet’s NV(a)

     6,107        170,826  

Koninklijke Ahold Delhaize NV(a)

     10,817        326,625  

Koninklijke KPN NV

     74,554        246,195  

Wolters Kluwer NV(a)

     1,874        227,477  
     

 

 

 
Total Netherlands               1,136,030  
New Zealand – 0.6%      

Spark New Zealand Ltd.

     85,788        247,935  
Norway – 2.7%      

Equinor ASA

     10,849        358,019  

Kongsberg Gruppen ASA

     2,970        123,145  

Orkla ASA

     52,115        391,713  

Telenor ASA

     16,881        192,751  
     

 

 

 
Total Norway               1,065,628  
Portugal – 1.1%      

Jeronimo Martins SGPS SA

     18,955        426,659  
Russia – 0.0%      

Evraz PLC*

     17,300        0  
Singapore – 3.9%      

DBS Group Holdings Ltd.

     6,800        167,596  

Genting Singapore Ltd.

     217,000        134,343  

Keppel Corp. Ltd.

     11,200        55,799  

Oversea-Chinese Banking Corp. Ltd.

     25,400        238,387  

Singapore Airlines Ltd.

     33,900        160,447  

Singapore Exchange Ltd.

     27,400        195,729  

Singapore Technologies Engineering Ltd.

     32,800        93,961  

Singapore Telecommunications Ltd.

     64,500        114,360  

United Overseas Bank Ltd.

     9,200        192,102  

Venture Corp. Ltd.

     19,300        174,915  
     

 

 

 
Total Singapore               1,527,639  
Spain – 3.7%      

Banco Bilbao Vizcaya Argentaria SA

     29,013        236,832  

Corp. ACCIONA Energias Renovables SA(a)

     6,998        180,783  

Endesa SA(a)

     12,696        259,092  

Iberdrola SA

     25,742        288,760  

Industria de Diseno Textil SA

     6,674        249,363  

Naturgy Energy Group SA(a)

     8,834        240,933  
     

 

 

 
Total Spain               1,455,763  
Sweden – 2.0%

 

Essity AB, Class B

     3,537        76,801  

Investor AB, Class A

     13,246        252,991  

Saab AB, Class B

     1,714        87,844  

Swedbank AB, Class A

     10,573        195,904  

Tele2 AB, Class B

     22,212        171,085  
     

 

 

 
Total Sweden               784,625  
Switzerland – 7.7%      

Banque Cantonale Vaudoise, Registered Shares(a)

     3,691        387,539  

 

See Notes to Financial Statements.

 

56   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2023

 

 

 

Investments    Shares      Value  

BKW AG

     1,606      $ 283,525  

Coca-Cola HBC AG

     6,999        192,124  

Helvetia Holding AG, Registered Shares

     2,066        289,981  

Holcim AG, Registered Shares*

     3,625        232,922  

Nestle SA, Registered Shares

     1,945        220,567  

Novartis AG, Registered Shares

     6,634        680,732  

Roche Holding AG

     1,099        300,879  

Swisscom AG, Registered Shares

     758        450,922  
     

 

 

 
Total Switzerland               3,039,191  
United Kingdom – 12.6%      

AstraZeneca PLC

     1,914        259,357  

BAE Systems PLC

     21,782        265,275  

British American Tobacco PLC

     6,421        201,963  

Bunzl PLC

     6,339        226,387  

Centrica PLC

     71,716        135,195  

CK Hutchison Holdings Ltd.

     51,500        275,522  

Coca-Cola Europacific Partners PLC

     4,153        259,479  

Compass Group PLC

     12,839        313,413  

HSBC Holdings PLC

     45,340        356,886  

Imperial Brands PLC

     16,950        344,874  

InterContinental Hotels Group PLC

     2,724        201,947  

J Sainsbury PLC

     23,704        73,140  

National Grid PLC

     47,090        563,262  

Pearson PLC

     18,511        196,203  

Reckitt Benckiser Group PLC

     3,095        218,874  

Rolls-Royce Holdings PLC*

     30,273        81,622  

SSE PLC

     7,350        144,434  

Tesco PLC

     119,463        385,231  

Unilever PLC

     5,392        267,328  

Vodafone Group PLC

     200,811        188,286  
     

 

 

 
Total United Kingdom               4,958,678  
United States – 1.2%      

GSK PLC

     17,599      $ 320,488  

Stellantis NV

     8,471        163,320  
     

 

 

 
Total United States               483,808  
TOTAL COMMON STOCKS
(Cost: $37,762,823)
              38,851,336  
PREFERRED STOCK – 0.4%      
Germany – 0.4%      
Henkel AG & Co. KGaA
(Cost: $152,961)
     2,045        146,060  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.2%

 

United States – 3.2%      

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $1,283,356)      1,283,356        1,283,356  

TOTAL INVESTMENTS IN SECURITIES – 102.2%

(Cost: $39,199,140)

 

 

     40,280,752  

Other Assets less Liabilities – (2.2)%

 

     (872,740
     

 

 

 
NET ASSETS – 100.0%

 

   $ 39,408,012  

 

* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $0, which represents 0.0% of net assets.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $3,381,058 and the total market value of the collateral held by the Fund was $3,551,505. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $2,268,149.

 

(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, 2023.

 

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

    10/4/2023       2,201,771       GBP       2,698,529       USD     $     $ (11,143

Bank of America NA

    10/4/2023       87,100       NOK       1,214,856       JPY       44        

Bank of America NA

    10/4/2023       229,400       SEK       19,867       EUR       81        

Bank of America NA

    10/4/2023       3,489       SGD       18,000       DKK       0 ^       

Bank of America NA

    10/4/2023       29,359       SGD       17,600       GBP       28        

Bank of America NA

    10/4/2023       5,597,452       USD       5,142,418       EUR       152,697        

Bank of America NA

    11/3/2023       4,679,883       USD       3,817,685       GBP       19,319        

Bank of Montreal

    10/4/2023       8,330       CHF       8,608       EUR             (8

Barclays Bank PLC

    10/4/2023       58,500       AUD       5,621,557       JPY       84        

Barclays Bank PLC

    10/4/2023       148,700       HKD       2,836,303       JPY             (20

Citibank NA

    10/4/2023       8,662       CHF       9,491       USD             (22

Citibank NA

    10/4/2023       2,326       DKK       330       USD       0 ^       

Citibank NA

    10/4/2023       37,500       EUR       39,679       USD       26        

Citibank NA

    10/4/2023       14,900       GBP       18,176       USD       10        

 

See Notes to Financial Statements.

 

WisdomTree Trust      57  


Schedule of Investments (unaudited) (continued)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2023

 

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

    10/4/2023       6,283,085       JPY       42,240       USD     $     $ (128

Citibank NA

    10/4/2023       37,837       NOK       3,498       USD       58        

Citibank NA

    10/4/2023       3,559       NZD       2,119       USD       20        

Citibank NA

    10/4/2023       35,930       SEK       3,251       USD       56        

Citibank NA

    10/4/2023       7,850       SGD       5,742       USD       10        

Citibank NA

    10/4/2023       2,716,705       USD       2,142,313       GBP       101,890        

Citibank NA

    10/5/2023       21,349       AUD       13,679       USD       100        

Citibank NA

    10/5/2023       2,540,659       USD       3,912,887       AUD       15,193        

HSBC Holdings PLC

    10/4/2023       1,326,984       CHF       1,454,889       USD             (4,165

HSBC Holdings PLC

    10/4/2023       6,160       NZD       551,662       JPY       4        

HSBC Holdings PLC

    10/4/2023       5,297,548       SEK       487,068       USD       566        

HSBC Holdings PLC

    10/4/2023       6,486,683       USD       941,908,340       JPY       173,677        

HSBC Holdings PLC

    10/4/2023       854,222       USD       1,152,382       SGD       9,887        

HSBC Holdings PLC

    10/5/2023       3,068,526       AUD       1,990,990       USD             (10,494

HSBC Holdings PLC

    11/3/2023       3,225,604       USD       4,966,290       AUD       16,993        

HSBC Holdings PLC

    11/3/2023       2,132,680       USD       1,939,014       CHF       6,114        

HSBC Holdings PLC

    11/3/2023       675,447       USD       7,337,514       SEK             (787

Morgan Stanley & Co. International

    10/4/2023       659,230       DKK       93,694       USD             (91

Morgan Stanley & Co. International

    10/4/2023       5,515,066       EUR       5,846,037       USD             (6,725

Morgan Stanley & Co. International

    10/4/2023       38,269,591       JPY       260,238       USD             (3,741

Morgan Stanley & Co. International

    10/4/2023       922,431,812       JPY       6,184,205       USD             (1,738

Morgan Stanley & Co. International

    10/4/2023       6,950,609       NOK       654,673       USD             (1,454

Morgan Stanley & Co. International

    10/4/2023       1,156,462       SGD       848,480       USD             (1,156

Morgan Stanley & Co. International

    10/4/2023       94,024       USD       643,302       DKK       2,683        

Morgan Stanley & Co. International

    10/4/2023       288,264       USD       268,208       EUR       4,287        

Morgan Stanley & Co. International

    10/4/2023       312,081       USD       523,803       NZD             (2,646

Morgan Stanley & Co. International

    10/4/2023       197,551       USD       2,148,364       SEK             (204

Morgan Stanley & Co. International

    10/4/2023       292,768       USD       3,253,714       SEK             (6,733

Morgan Stanley & Co. International

    10/5/2023       834,063       AUD       535,990       USD       2,333        

Morgan Stanley & Co. International

    11/3/2023       113,723       USD       798,903       DKK       112        

Morgan Stanley & Co. International

    11/3/2023       10,445,306       USD       9,841,788       EUR       12,026        

Morgan Stanley & Co. International

    11/3/2023       933,908       USD       9,906,983       NOK       2,080        

Morgan Stanley & Co. International

    11/3/2023       846,770       USD       1,152,606       SGD       1,156        

Morgan Stanley & Co. International

    11/6/2023       8,953,119       USD       1,328,441,235       JPY       2,360        

UBS AG

    10/4/2023       513,937       NZD       309,962       USD             (1,163

UBS AG

    10/4/2023       1,464,380       USD       1,287,528       CHF       56,791        

UBS AG

    10/4/2023       658,171       USD       6,995,018       NOK       778        

UBS AG

    11/3/2023       403,201       USD       668,522       NZD       1,513        
                                            $ 582,976     $ (52,418

 

^ 

Amount represents less than $1. 

 

See Notes to Financial Statements.

 

58   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2023

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

     38,851,336                      38,851,336  

Preferred Stock

     146,060                      146,060  

Investment of Cash Collateral for Securities Loaned

            1,283,356               1,283,356  

Total Investments in Securities

   $ 38,997,396      $ 1,283,356      $ 0      $ 40,280,752  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 582,976      $      $ 582,976  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (52,418    $      $ (52,418

Total – Net

   $ 38,997,396      $ 1,813,914      $ 0      $ 40,811,310  

 

*

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

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 International Quality Dividend Growth Fund (IQDG)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%      
Australia – 5.4%      

Altium Ltd.

     17,170      $ 478,832  

ARB Corp. Ltd.(a)

     20,385        411,535  

Aristocrat Leisure Ltd.

     86,796        2,288,341  

AUB Group Ltd.

     23,566        443,205  

Breville Group Ltd.(a)

     18,201        258,432  

Cochlear Ltd.

     8,416        1,386,818  

Coles Group Ltd.

     397,131        3,988,157  

Computershare Ltd.

     119,654        2,004,753  

CSL Ltd.

     44,991        7,282,526  

Goodman Group

     310,067        4,292,514  

IDP Education Ltd.(a)

     27,520        379,739  

Netwealth Group Ltd.

     44,789        436,493  

Northern Star Resources Ltd.

     253,998        1,714,711  

Pinnacle Investment Management Group Ltd.(a)

     82,510        479,267  

REA Group Ltd.(a)

     17,148        1,707,908  

Seven Group Holdings Ltd.

     84,222        1,693,216  

Technology One Ltd.

     46,119        461,658  

Washington H Soul Pattinson & Co. Ltd.(a)

     84,564        1,778,684  

Wesfarmers Ltd.

     406,549        13,869,760  

WiseTech Global Ltd.

     6,196        260,128  
     

 

 

 
Total Australia               45,616,677  
Austria – 0.3%      

Oesterreichische Post AG

     38,157        1,254,381  

Verbund AG

     19,222        1,568,067  
     

 

 

 
Total Austria               2,822,448  
Belgium – 0.7%      

Etablissements Franz Colruyt NV

     46,162        2,001,880  

UCB SA

     24,064        1,975,545  

VGP NV

     18,817        1,752,184  
     

 

 

 
Total Belgium               5,729,609  
China – 0.6%      

BOC Aviation Ltd.(b)

     256,200        1,787,742  

Prosus NV*

     125,626        3,713,543  
     

 

 

 
Total China               5,501,285  
Denmark – 5.1%      

Alm Brand AS

     395,836        595,170  

Chr Hansen Holding AS

     18,305        1,123,791  

Coloplast AS, Class B

     32,415        3,440,688  

Novo Nordisk AS, Class B

     351,170        32,104,493  

Novozymes AS, Class B

     18,696        755,729  

Pandora AS

     34,103        3,542,389  

Royal Unibrew AS

     14,756        1,143,489  
     

 

 

 
Total Denmark               42,705,749  
Finland – 1.7%      

Kone Oyj, Class B

     177,059        7,483,452  

Neste Oyj(a)

     120,459        4,097,731  

Terveystalo Oyj(a)(b)

     46,135        369,271  

Valmet Oyj(a)

     93,904        2,153,456  
     

 

 

 
Total Finland               14,103,910  
France – 12.9%      

Bollore SE

     297,931      1,605,561  

Capgemini SE

     19,817        3,478,691  

Carrefour SA

     183,915        3,171,015  

Gaztransport & Technigaz SA

     9,996        1,232,950  

Hermes International SCA

     5,235        9,587,514  

Kering SA

     26,704        12,211,049  

L’Oreal SA

     59,345        24,705,354  

La Francaise des Jeux SAEM(b)

     60,534        1,973,984  

LVMH Moet Hennessy Louis Vuitton SE

     60,088        45,576,059  

Sartorius Stedim Biotech

     2,654        635,043  

Teleperformance SE

     5,775        730,045  

Verallia SA(b)

     37,499        1,480,093  

Vivendi SE

     272,294        2,391,665  
     

 

 

 
Total France               108,779,023  
Germany – 5.3%      

adidas AG

     56,123        9,900,599  

AIXTRON SE

     11,084        408,619  

Bechtle AG

     16,231        760,245  

Carl Zeiss Meditec AG, Bearer Shares

     5,112        448,249  

Fielmann Group AG

     33,783        1,462,186  

Nemetschek SE

     7,779        476,701  

Puma SE

     21,941        1,365,926  

Rheinmetall AG

     8,265        2,134,264  

SAP SE

     204,290        26,564,989  

Stroeer SE & Co. KGaA

     25,137        1,120,441  
     

 

 

 
Total Germany               44,642,219  
Hong Kong – 3.3%      

CLP Holdings Ltd.

     1,295,500        9,585,759  

Hong Kong Exchanges & Clearing Ltd.

     367,000        13,711,217  

Techtronic Industries Co. Ltd.

     467,500        4,536,604  
     

 

 

 
Total Hong Kong               27,833,580  
Indonesia – 0.1%      

Nickel Industries Ltd.

     1,601,037        774,982  
Ireland – 0.1%      

Kerry Group PLC, Class A

     14,037        1,176,747  
Israel – 0.2%      

Matrix IT Ltd.

     40,790        835,729  

Maytronics Ltd.

     35,996        378,492  

Strauss Group Ltd.*

     30,267        636,585  
     

 

 

 
Total Israel               1,850,806  
Italy – 2.7%      

Amplifon SpA(a)

     16,316        485,761  

Azimut Holding SpA

     90,322        1,977,596  

Banca Generali SpA

     62,029        2,200,709  

Banca Mediolanum SpA

     392,663        3,368,260  

Davide Campari-Milano NV

     68,940        814,936  

De’ Longhi SpA

     62,725        1,369,376  

Ferrari NV

     11,392        3,373,540  

FinecoBank Banca Fineco SpA

     149,201        1,818,985  

Italgas SpA

     360,217        1,850,455  

Moncler SpA

     28,705        1,673,959  

 

See Notes to Financial Statements.

 

60   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Quality Dividend Growth Fund (IQDG)

September 30, 2023

 

 

 

Investments    Shares      Value  

RAI Way SpA(b)

     259,944      $ 1,362,318  

Recordati Industria Chimica e Farmaceutica SpA

     42,903        2,030,887  

Reply SpA

     2,039        192,240  

Technogym SpA(b)

     52,119        403,925  
     

 

 

 
Total Italy               22,922,947  
Japan – 7.8%      

Anritsu Corp.(a)

     45,900        328,352  

ARE Holdings, Inc.(a)

     48,200        612,735  

Astellas Pharma, Inc.

     374,200        5,200,810  

BayCurrent Consulting, Inc.

     10,700        358,376  

Benefit One, Inc.

     14,200        102,914  

BIPROGY, Inc.

     40,900        1,023,425  

Capcom Co. Ltd.

     44,800        1,616,673  

Create SD Holdings Co. Ltd.

     7,000        159,022  

CyberAgent, Inc.(a)

     53,000        286,372  

Daifuku Co. Ltd.

     46,400        879,804  

Daito Trust Construction Co. Ltd.

     21,300        2,248,115  

Daiwabo Holdings Co. Ltd.

     46,500        892,763  

eRex Co. Ltd.(a)

     1,700        8,738  

Fancl Corp.

     9,600        146,935  

Fujimi, Inc.(a)

     20,100        404,761  

Fujitsu Ltd.(a)

     24,400        2,877,802  

Goldwin, Inc.(a)

     4,800        326,165  

Hoya Corp.

     20,800        2,136,103  

Information Services International-Dentsu Ltd.

     5,600        214,656  

Internet Initiative Japan, Inc.

     14,600        236,525  

Japan Material Co. Ltd.

     10,600        162,951  

Kakaku.com, Inc.(a)

     42,700        434,082  

Kao Corp.

     102,200        3,801,724  

Keyence Corp.

     8,300        3,086,949  

Koei Tecmo Holdings Co. Ltd.(a)

     63,400        903,044  

Kose Corp.

     3,600        261,873  

M3, Inc.

     19,100        347,633  

Meitec Corp.

     43,200        782,796  

MIRAIT ONE Corp.

     47,900        631,230  

MonotaRO Co. Ltd.

     41,000        439,742  

Morinaga & Co. Ltd.

     11,100        401,824  

Murata Manufacturing Co. Ltd.

     359,100        6,579,189  

NEC Networks & System Integration Corp.

     57,400        755,461  

NET One Systems Co. Ltd.

     12,900        245,336  

Nexon Co. Ltd.

     44,100        790,091  

Nifco, Inc.

     17,700        458,913  

Nihon M&A Center Holdings, Inc.

     44,200        213,114  

Nippon Gas Co. Ltd.(a)

     44,000        653,403  

Nippon Shinyaku Co. Ltd.

     8,100        343,541  

Nissan Chemical Corp.

     42,000        1,789,767  

Nomura Research Institute Ltd.

     60,900        1,588,767  

NSD Co. Ltd.

     43,700        830,512  

Obic Co. Ltd.

     7,400        1,124,939  

Open House Group Co. Ltd.

     42,400        1,441,699  

Oracle Corp.

     21,100        1,569,509  

Osaka Gas Co. Ltd.

     104,800        1,729,051  

Persol Holdings Co. Ltd.

     439,000        716,050  

Recruit Holdings Co. Ltd.

     63,400      1,958,188  

Relo Group, Inc.

     14,500        157,268  

Rohto Pharmaceutical Co. Ltd.

     17,000        461,953  

Sega Sammy Holdings, Inc.

     52,300        966,967  

Seria Co. Ltd.

     17,500        258,234  

Shinko Electric Industries Co. Ltd.(a)

     17,600        686,780  

Sugi Holdings Co. Ltd.

     5,100        203,043  

SUMCO Corp.

     105,400        1,376,610  

Taiheiyo Cement Corp.

     46,700        829,318  

Taiyo Yuden Co. Ltd.(a)

     41,200        1,117,901  

TechnoPro Holdings, Inc.

     17,200        374,948  

Terumo Corp.

     50,800        1,349,106  

TIS, Inc.

     41,500        915,795  

Unicharm Corp.

     48,100        1,705,459  

West Holdings Corp.

     3,300        71,097  

Workman Co. Ltd.(a)

     8,900        271,071  

ZOZO, Inc.(a)

     56,400        1,036,535  
     

 

 

 
Total Japan               65,884,509  
Netherlands – 5.5%      

ASM International NV

     4,090        1,721,289  

ASML Holding NV

     35,200        20,836,540  

BE Semiconductor Industries NV

     42,909        4,224,981  

Corbion NV

     12,056        240,735  

Koninklijke KPN NV

     1,786,052        5,897,975  

SBM Offshore NV

     117,814        1,550,463  

Universal Music Group NV(a)

     309,122        8,093,707  

Wolters Kluwer NV

     33,600        4,078,559  
     

 

 

 
Total Netherlands               46,644,249  
Norway – 0.6%      

Kongsberg Gruppen ASA

     16,174        670,620  

Leroy Seafood Group ASA

     243,469        1,026,881  

Salmar ASA

     57,138        2,917,886  

TOMRA Systems ASA

     29,821        342,326  
     

 

 

 
Total Norway               4,957,713  
Portugal – 0.5%      

Corticeira Amorim SGPS SA(a)

     36,589        376,927  

Jeronimo Martins SGPS SA

     174,872        3,936,198  
     

 

 

 
Total Portugal               4,313,125  
Singapore – 1.0%      

Kenon Holdings Ltd.

     50,783        1,173,865  

Singapore Exchange Ltd.

     365,500        2,610,906  

Singapore Technologies Engineering Ltd.

     1,419,996        4,067,832  

StarHub Ltd.

     795,300        646,775  
     

 

 

 
Total Singapore               8,499,378  
Spain – 4.8%      

CIE Automotive SA

     32,034        869,606  

Industria de Diseno Textil SA

     1,028,146        38,414,916  

Laboratorios Farmaceuticos Rovi SA

     8,386        455,920  

Viscofan SA(a)

     9,966        609,877  
     

 

 

 
Total Spain               40,350,319  

 

See Notes to Financial Statements.

 

WisdomTree Trust      61  


Schedule of Investments (unaudited) (continued)

WisdomTree International Quality Dividend Growth Fund (IQDG)

September 30, 2023

 

 

 

Investments    Shares      Value  
Sweden – 5.5%

 

AAK AB

     32,764      $ 594,108  

AddTech AB, Class B(a)

     34,355        554,021  

Alfa Laval AB

     80,351        2,779,395  

Assa Abloy AB, Class B

     172,287        3,777,431  

Atlas Copco AB, Class A

     419,750        5,689,161  

Atlas Copco AB, Class B

     264,307        3,118,882  

Avanza Bank Holding AB(a)

     58,405        1,018,198  

Beijer Ref AB(a)

     26,090        277,369  

Bilia AB, Class A

     55,103        540,166  

Elekta AB, Class B

     110,692        758,243  

Epiroc AB, Class A

     117,882        2,256,904  

Epiroc AB, Class B

     64,270        1,036,441  

Essity AB, Class B

     143,928        3,125,183  

Evolution AB(b)

     27,499        2,800,473  

Husqvarna AB, Class B(a)

     205,566        1,584,479  

Instalco AB

     43,839        131,143  

Investment AB Latour, Class B

     88,298        1,566,562  

Loomis AB

     20,933        567,631  

Nibe Industrier AB, Class B

     85,542        565,335  

Nolato AB, Class B

     72,584        299,444  

Nordnet AB publ

     87,311        1,160,482  

Sagax AB, Class B

     29,890        573,633  

Sandvik AB

     266,943        4,953,490  

Securitas AB, Class B

     188,067        1,500,146  

Telefonaktiebolaget LM Ericsson, Class B(a)

     1,116,977        5,482,998  
     

 

 

 
Total Sweden               46,711,318  
Switzerland – 18.4%      

ABB Ltd., Registered Shares

     448,487        16,080,426  

Coca-Cola HBC AG

     85,732        2,353,357  

Geberit AG, Registered Shares

     7,426        3,725,988  

Givaudan SA, Registered Shares

     1,545        5,056,548  

Logitech International SA, Registered Shares

     26,241        1,815,184  

Lonza Group AG, Registered Shares

     3,032        1,410,603  

Nestle SA, Registered Shares

     291,287        33,032,481  

Novartis AG, Registered Shares

     388,186        39,832,772  

Partners Group Holding AG

     7,507        8,489,278  

Roche Holding AG

     77,824        21,306,319  

Roche Holding AG, Bearer Shares

     11,030        3,248,231  

Schindler Holding AG, Participation Certificate

     11,993        2,399,124  

Schindler Holding AG, Registered Shares

     11,402        2,203,622  

SGS SA, Registered Shares

     51,065        4,299,329  

Sika AG, Registered Shares

     15,073        3,840,748  

Sonova Holding AG, Registered Shares

     7,794        1,854,781  

Stadler Rail AG

     24,622        962,487  

Straumann Holding AG, Registered Shares

     7,477        957,919  

Sulzer AG, Registered Shares

     16,278        1,559,649  

Tecan Group AG, Registered Shares

     946        319,746  

Temenos AG, Registered Shares

     9,952        700,818  
     

 

 

 
Total Switzerland               155,449,410  
United Kingdom – 13.0%      

Airtel Africa PLC(b)

     1,118,241        1,714,275  

AJ Bell PLC

     82,052        274,808  

Ashtead Group PLC

     58,893      3,595,529  

Auto Trader Group PLC(b)

     131,094        988,202  

Burberry Group PLC

     82,066        1,911,661  

Compass Group PLC

     196,986        4,808,624  

Diageo PLC

     363,075        13,445,203  

Drax Group PLC

     138,452        741,517  

Fevertree Drinks PLC

     19,548        286,312  

Fresnillo PLC

     207,133        1,393,522  

Games Workshop Group PLC

     12,525        1,615,877  

Greggs PLC

     23,577        704,459  

Halma PLC

     27,640        653,972  

Hargreaves Lansdown PLC

     196,114        1,850,785  

IMI PLC

     43,194        826,656  

Imperial Brands PLC

     509,953        10,375,791  

Intertek Group PLC

     35,976        1,805,600  

Kainos Group PLC

     19,939        279,627  

RELX PLC

     364,690        12,352,143  

Rentokil Initial PLC

     201,819        1,503,106  

Rightmove PLC

     122,928        843,523  

Rotork PLC

     151,018        576,200  

RS Group PLC

     79,387        712,572  

Sage Group PLC

     217,057        2,620,146  

Smith & Nephew PLC

     203,360        2,539,198  

Spectris PLC

     24,114        998,933  

Spirax-Sarco Engineering PLC

     7,342        853,651  

Spirent Communications PLC

     120,213        202,482  

Tate & Lyle PLC

     100,367        839,757  

Unilever PLC

     764,965        37,925,991  

Victrex PLC

     24,376        418,017  
     

 

 

 
Total United Kingdom               109,658,139  
United States – 4.1%

 

GSK PLC

     1,918,792        34,942,356  

TOTAL COMMON STOCKS

(Cost: $829,345,115)

 

 

     841,870,498  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.2%

 

United States – 2.2%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $18,481,616)      18,481,616        18,481,616  

TOTAL INVESTMENTS IN SECURITIES – 101.8%

(Cost: $847,826,731)

 

 

     860,352,114  

Other Assets less Liabilities – (1.8)%

 

     (15,343,274
     

 

 

 
NET ASSETS – 100.0%

 

   $ 845,008,840  

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $35,770,452 and the total market value of the collateral held by the Fund was $37,627,240. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $19,145,624.

 

(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, 2023.

 

See Notes to Financial Statements.

 

62   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International Quality Dividend Growth Fund (IQDG)

September 30, 2023

 

 

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 841,870,498      $      $      $ 841,870,498  

Investment of Cash Collateral for Securities Loaned

            18,481,616               18,481,616  

Total Investments in Securities

   $ 841,870,498      $ 18,481,616      $      $ 860,352,114  

 

See Notes to Financial Statements.

 

WisdomTree Trust      63  


Schedule of Investments (unaudited)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.8%      
Australia – 12.9%      

Abacus Group(a)

     2,787,195      $ 1,879,804  

Accent Group Ltd.

     930,593        1,177,185  

APM Human Services International Ltd.(a)

     444,840        529,699  

ARB Corp. Ltd.(a)

     75,016        1,514,431  

AUB Group Ltd.

     81,491        1,532,597  

Austal Ltd.(a)

     399,420        484,637  

Australian Clinical Labs Ltd.(a)

     1,147,902        2,111,439  

Baby Bunting Group Ltd.(a)

     351,852        481,421  

Bapcor Ltd.

     382,088        1,676,877  

Bega Cheese Ltd.(a)

     338,882        551,160  

Bravura Solutions Ltd.*

     875,383        420,904  

Breville Group Ltd.(a)

     79,740        1,132,212  

BWP Trust

     1,394,073        3,014,111  

Cedar Woods Properties Ltd.(a)

     279,272        820,102  

Centuria Capital Group(a)

     1,657,036        1,454,453  

Centuria Industrial REIT

     1,156,743        2,247,151  

Champion Iron Ltd.(a)

     702,430        2,856,094  

Charter Hall Long Wale REIT

     2,299,852        4,779,524  

Codan Ltd.(a)

     361,307        1,842,181  

Collins Foods Ltd.

     127,553        787,828  

Costa Group Holdings Ltd.

     541,867        1,094,626  

Cromwell Property Group

     7,045,342        1,682,413  

CSR Ltd.

     1,512,025        5,513,613  

Dalrymple Bay Infrastructure Ltd.

     445,801        805,616  

Data#3 Ltd.

     165,688        757,100  

Deterra Royalties Ltd.

     1,835,726        5,675,083  

Dicker Data Ltd.(a)

     268,123        1,673,360  

Domain Holdings Australia Ltd.(a)

     459,296        1,185,718  

Eagers Automotive Ltd.

     457,426        4,112,452  

Elders Ltd.(a)

     273,570        1,020,529  

First Resources Ltd.

     3,484,700        3,906,214  

G8 Education Ltd.

     1,416,251        973,461  

GR Engineering Services Ltd.

     412,438        582,951  

GrainCorp Ltd., Class A

     236,171        1,076,119  

Growthpoint Properties Australia Ltd.

     1,687,282        2,406,627  

GUD Holdings Ltd.(a)

     241,259        1,832,689  

GWA Group Ltd.

     577,133        687,229  

Hansen Technologies Ltd.

     243,351        830,841  

Helia Group Ltd.

     1,542,333        3,474,021  

Helloworld Travel Ltd.

     189,550        325,413  

HMC Capital Ltd.

     304,639        926,052  

HomeCo Daily Needs REIT(a)

     4,271,152        3,183,874  

HUB24 Ltd.

     25,815        541,482  

Infomedia Ltd.

     601,136        612,998  

Ingenia Communities Group(a)

     405,093        1,098,077  

Inghams Group Ltd.

     363,708        779,327  

Insignia Financial Ltd.(a)

     1,396,740        2,181,523  

Integral Diagnostics Ltd.

     300,851        557,266  

IPH Ltd.

     228,345        1,090,566  

IRESS Ltd.(a)

     285,542        1,072,561  

IVE Group Ltd.

     566,606        707,605  

Jumbo Interactive Ltd.

     73,142        731,691  

Kelsian Group Ltd.(a)

     245,415      907,579  

Link Administration Holdings Ltd.(a)

     177,086        157,722  

Lovisa Holdings Ltd.

     170,159        2,123,930  

Maas Group Holdings Ltd.(a)

     231,636        496,333  

McMillan Shakespeare Ltd.

     286,537        2,979,238  

Monadelphous Group Ltd.

     155,473        1,417,836  

Monash IVF Group Ltd.

     1,068,404        868,830  

Myer Holdings Ltd.(a)

     2,438,880        897,210  

MyState Ltd.

     346,234        690,490  

Navigator Global Investments Ltd.(a)

     1,257,110        1,091,251  

Netwealth Group Ltd.

     130,453        1,271,335  

Nick Scali Ltd.(a)

     204,378        1,461,513  

NRW Holdings Ltd.

     1,055,685        1,846,429  

Nufarm Ltd.

     157,084        481,565  

oOh!media Ltd.

     589,454        538,313  

Orora Ltd.(a)

     2,107,498        3,740,492  

Pacific Current Group Ltd.(a)

     104,302        679,897  

Perenti Ltd.*

     337,234        235,063  

Perpetual Ltd.(a)

     141,653        1,915,308  

Perseus Mining Ltd.

     1,056,055        1,121,195  

Pinnacle Investment Management Group Ltd.(a)

     279,857        1,625,577  

PSC Insurance Group Ltd.(a)

     270,006        848,655  

PWR Holdings Ltd.

     73,147        519,300  

Region RE Ltd.

     2,945,685        3,840,312  

Reliance Worldwide Corp. Ltd.

     1,048,155        2,631,504  

Ridley Corp. Ltd.

     529,653        786,227  

Sims Ltd.

     674,574        5,890,556  

SmartGroup Corp. Ltd.(a)

     538,297        2,876,611  

SRG Global Ltd.

     1,205,630        509,664  

Super Retail Group Ltd.

     530,380        4,104,263  

Terracom Ltd.(a)

     2,788,061        800,739  

Ventia Services Group Pty. Ltd.

     866,708        1,577,433  

Waypoint REIT Ltd.

     1,953,956        2,837,437  
     

 

 

 
Total Australia               138,162,714  
Austria – 1.1%      

AT&S Austria Technologie & Systemtechnik AG

     32,165        954,213  

Oesterreichische Post AG

     129,945        4,271,836  

Porr AG

     48,791        606,459  

S IMMO AG*

     50,898        690,847  

Schoeller-Bleckmann Oilfield Equipment AG

     6,991        413,016  

Semperit AG Holding

     49,021        885,431  

UNIQA Insurance Group AG

     440,844        3,575,256  

Zumtobel Group AG

     60,314        383,783  
     

 

 

 
Total Austria               11,780,841  
Belgium – 1.5%      

Barco NV(a)

     49,359        960,517  

Bekaert SA

     88,320        3,968,514  

bpost SA(a)

     472,442        2,593,527  

Econocom Group SA(a)

     489,360        1,292,684  

Fagron

     36,239        618,109  

Intervest Offices & Warehouses NV(a)

     51,392        745,435  

 

See Notes to Financial Statements.

 

64   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Recticel SA(a)

     29,797      $ 295,916  

VGP NV(a)

     55,859        5,201,426  

Xior Student Housing NV(a)

     31,779        911,807  
     

 

 

 
Total Belgium               16,587,935  
China – 0.3%      

CITIC Telecom International Holdings Ltd.

     6,530,822        2,585,028  

CPMC Holdings Ltd.

     195,009        145,164  

Yanlord Land Group Ltd.*

     1,581,800        764,882  
     

 

 

 
Total China               3,495,074  
Denmark – 2.8%      

Alm Brand AS

     1,421,983        2,138,062  

Cementir Holding NV

     137,407        1,091,097  

Chemometec AS*

     4,961        236,949  

D/S Norden AS

     154,248        8,606,807  

Dfds AS

     63,147        2,090,794  

FLSmidth & Co. AS

     31,313        1,419,115  

Per Aarsleff Holding AS

     23,413        1,077,041  

Scandinavian Tobacco Group AS(b)

     165,899        2,532,108  

Schouw & Co. AS

     22,084        1,475,256  

Spar Nord Bank AS

     152,162        2,363,489  

Sydbank AS

     135,825        6,483,468  
     

 

 

 
Total Denmark               29,514,186  
Finland – 2.8%      

Aktia Bank Oyj

     69,863        673,104  

Anora Group Oyj(a)

     89,322        424,618  

Cargotec Oyj, Class B

     49,013        2,058,057  

Caverion Oyj

     155,907        1,421,223  

Citycon Oyj*(a)

     344,054        1,932,437  

Fiskars Oyj Abp(a)

     86,493        1,597,059  

Harvia Oyj

     24,445        662,040  

Kemira Oyj

     223,600        3,489,496  

Konecranes Oyj

     127,332        4,241,209  

Lassila & Tikanoja Oyj(a)

     72,939        752,163  

Marimekko Oyj(a)

     42,092        468,377  

Musti Group Oyj*

     26,552        506,015  

Outokumpu Oyj

     495,182        2,080,843  

Puuilo Oyj

     140,894        1,201,577  

Raisio Oyj, Class V

     226,846        495,958  

Sanoma Oyj(a)

     146,523        1,079,713  

Terveystalo Oyj(a)(b)

     199,905        1,600,070  

Tokmanni Group Corp.

     132,717        1,847,761  

Uponor Oyj

     102,588        3,089,012  
     

 

 

 
Total Finland               29,620,732  
France – 2.8%      

Beneteau SA

     70,776        858,745  

Cie Plastic Omnium SE

     94,350        1,538,353  

Coface SA

     492,966        6,304,887  

Derichebourg SA

     326,759        1,653,670  

Etablissements Maurel & Prom SA

     269,603        1,396,383  

Fnac Darty SA(a)

     49,480        1,215,377  

IPSOS SA

     46,479        2,142,588  

Jacquet Metals SACA

     38,856        662,335  

Lectra(a)

     21,422      584,024  

LISI

     23,592        555,761  

Maisons du Monde SA(a)(b)

     80,780        623,056  

Mersen SA

     20,273        811,341  

Metropole Television SA

     268,769        3,409,019  

Quadient SA

     38,352        775,559  

Television Francaise 1 SA(a)

     439,680        3,372,629  

Trigano SA

     10,370        1,410,832  

Vicat SACA

     90,992        2,788,979  
     

 

 

 
Total France               30,103,538  
Georgia – 0.6%      

Bank of Georgia Group PLC

     134,611        6,062,648  
Germany – 3.1%

 

7C Solarparken AG

     102,001        349,359  

alstria office REIT-AG(a)

     56,693        223,588  

BayWa AG

     20,345        725,907  

Bilfinger SE

     45,067        1,547,865  

CompuGroup Medical SE & Co. KGaA

     24,490        961,439  

CropEnergies AG

     77,522        650,045  

Dermapharm Holding SE

     84,664        3,506,639  

Deutz AG

     154,407        683,340  

Duerr AG

     37,682        1,025,323  

Energiekontor AG

     6,343        517,105  

Gerresheimer AG

     19,150        2,016,355  

Hamborner REIT AG

     156,294        1,067,322  

Hamburger Hafen und Logistik AG(a)

     122,729        2,185,580  

Hornbach Holding AG & Co. KGaA

     16,869        1,079,640  

Indus Holding AG

     39,082        831,699  

Instone Real Estate Group SE(b)

     98,549        612,469  

Jenoptik AG

     22,641        575,308  

JOST Werke SE(b)

     12,004        576,999  

Kloeckner & Co. SE

     363,952        2,633,759  

Mutares SE & Co. KGaA

     38,935        1,135,678  

SAF-Holland SE

     69,525        898,773  

Salzgitter AG

     61,852        1,643,694  

Siltronic AG

     43,058        3,690,321  

Varta AG*(a)

     105,877        2,014,949  

Wacker Neuson SE

     75,658        1,545,986  

Wuestenrot & Wuerttembergische AG

     43,484        666,640  
     

 

 

 
Total Germany               33,365,782  
Hong Kong – 0.9%      

Dah Sing Banking Group Ltd.

     1,081,600        715,372  

Dah Sing Financial Holdings Ltd.

     328,229        694,022  

Fortune Real Estate Investment Trust

     4,426,000        2,656,103  

Hutchison Port Holdings Trust

     17,634,800        3,033,186  

Nissin Foods Co. Ltd.(a)

     1,096,000        839,648  

Singamas Container Holdings Ltd.

     12,388,000        869,960  

Tam Jai International Co. Ltd.

     3,539,000        610,028  
     

 

 

 
Total Hong Kong               9,418,319  
Indonesia – 0.3%      

Bumitama Agri Ltd.

     1,686,800        704,430  

Nickel Industries Ltd.

     4,764,955        2,306,476  
     

 

 

 
Total Indonesia               3,010,906  

 

See Notes to Financial Statements.

 

WisdomTree Trust      65  


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Ireland – 0.3%

 

Cairn Homes PLC

     1,234,214      $ 1,429,556  

Kenmare Resources PLC

     198,169        1,003,782  

Origin Enterprises PLC(a)

     189,109        652,714  
     

 

 

 
Total Ireland               3,086,052  
Israel – 2.6%      

Altshuler Shaham Finance Ltd.

     708,847        1,054,985  

Ashdod Refinery Ltd.*

     1        16  

Ashtrom Group Ltd.

     1        7  

AudioCodes Ltd.

     27,390        277,569  

Automatic Bank Services Ltd.

     120,297        500,843  

Azorim-Investment Development & Construction Co. Ltd.*

     122,693        441,205  

Carasso Motors Ltd.

     103,817        444,774  

Delek Automotive Systems Ltd.

     192,626        1,189,049  

Delta Galil Ltd.

     18,691        724,663  

Electra Consumer Products 1970 Ltd.

     16,058        342,967  

Electra Real Estate Ltd.

     81,967        788,235  

FIBI Holdings Ltd.

     60,206        2,735,918  

Gav-Yam Lands Corp. Ltd.

     197,075        1,252,749  

Harel Insurance Investments & Financial Services Ltd.

     358,658        2,837,609  

Israel Canada TR Ltd.

     252,677        630,996  

Israel Land Development Co. Ltd.

     39,937        354,576  

Magic Software Enterprises Ltd.

     54,554        618,623  

Matrix IT Ltd.

     107,986        2,212,479  

Max Stock Ltd.

     480,940        905,663  

Maytronics Ltd.

     105,380        1,108,059  

Mediterranean Towers Ltd.

     282,134        636,376  

Mega Or Holdings Ltd.*

     41,148        737,032  

Mehadrin Ltd.*

     1        34  

Migdal Insurance & Financial Holdings Ltd.

     397,330        487,609  

Oil Refineries Ltd.

     4,886,338        1,615,944  

One Software Technologies Ltd.

     58,707        740,353  

Paz Oil Co. Ltd.*

     1        47  

Plus500 Ltd.

     221,892        3,729,332  

Shufersal Ltd.*

     175,772        816,760  

Tamar Petroleum Ltd.(b)

     112,983        487,605  
     

 

 

 
Total Israel               27,672,077  
Italy – 4.3%      

Alerion Cleanpower SpA

     29,899        843,621  

Anima Holding SpA(b)

     843,621        3,545,940  

Ariston Holding NV

     52,152        340,406  

Arnoldo Mondadori Editore SpA

     351,318        795,990  

Azimut Holding SpA

     314,735        6,891,107  

Banca Popolare di Sondrio SpA

     707,594        3,652,929  

Cairo Communication SpA

     446,000        760,246  

Carel Industries SpA(b)

     20,169        484,734  

Credito Emiliano SpA

     279,704        2,303,943  

Danieli & C Officine Meccaniche SpA(a)

     29,012        826,273  

Danieli & C Officine Meccaniche SpA, RSP

     3,037        63,601  

El.En. SpA(a)

     46,617        429,642  

Enav SpA(b)

     384,090        1,424,920  

Esprinet SpA(a)

     119,868      615,515  

Immobiliare Grande Distribuzione SIIQ SpA(a)

     351,323        794,142  

Iren SpA

     2,684,386        5,186,821  

Maire Tecnimont SpA(a)

     580,817        2,393,347  

MARR SpA(a)

     94,853        1,205,107  

OVS SpA(b)

     190,350        396,617  

Piaggio & C SpA

     766,077        2,454,340  

RAI Way SpA(b)

     489,353        2,564,607  

Salcef Group SpA(a)

     50,674        1,183,007  

Sanlorenzo SpA

     20,224        760,132  

SOL SpA

     53,842        1,527,740  

Technogym SpA(b)

     146,594        1,136,111  

Unieuro SpA(a)(b)

     66,903        599,960  

Webuild SpA(a)

     1,131,928        2,019,353  

Zignago Vetro SpA

     83,605        1,255,168  
     

 

 

 
Total Italy               46,455,319  
Japan – 30.2%      

77 Bank Ltd.(a)

     90,000        1,911,878  

ADEKA Corp.

     64,801        1,110,161  

Aeon Delight Co. Ltd.

     28,100        619,528  

Ai Holdings Corp.

     45,500        722,024  

Aica Kogyo Co. Ltd.

     44,300        990,646  

Aichi Corp.

     128,500        861,977  

AIT Corp.

     24,400        289,579  

Alinco, Inc.(a)

     69,400        499,020  

Alleanza Holdings Co. Ltd.

     31,000        208,986  

Alps Alpine Co. Ltd.(a)

     109,400        951,225  

Amano Corp.

     50,200        1,104,080  

Anritsu Corp.(a)

     67,600        483,585  

Arcs Co. Ltd.

     58,000        1,058,362  

ARE Holdings, Inc.(a)

     81,600        1,037,328  

Ariake Japan Co. Ltd.(a)

     15,400        523,636  

As One Corp.(a)

     15,500        567,130  

Asanuma Corp.

     38,600        928,625  

ASKUL Corp.

     41,300        542,456  

Autobacs Seven Co. Ltd.

     94,103        997,627  

Bando Chemical Industries Ltd.

     91,300        1,004,009  

Bank of Nagoya Ltd.

     30,200        1,050,347  

Baroque Japan Ltd.(a)

     40,600        222,827  

Bell System24 Holdings, Inc.

     82,400        872,454  

Benesse Holdings, Inc.(a)

     46,100        565,186  

BML, Inc.

     25,700        481,536  

Bunka Shutter Co. Ltd.(a)

     61,200        453,592  

C Uyemura & Co. Ltd.

     14,300        903,662  

Canon Electronics, Inc.

     22,300        282,589  

Central Glass Co. Ltd.(a)

     24,900        494,746  

Chori Co. Ltd.

     41,600        835,206  

Citizen Watch Co. Ltd.(a)

     276,100        1,702,208  

CKD Corp.

     61,300        846,636  

Computer Engineering & Consulting Ltd.

     22,400        239,724  

Cybernet Systems Co. Ltd.

     37,900        197,342  

Daicel Corp.

     209,400        1,755,466  

Daido Metal Co. Ltd.

     90,700        346,450  

Daido Steel Co. Ltd.(a)

     40,991        1,670,406  

 

See Notes to Financial Statements.

 

66   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Daihen Corp.

     19,200      $ 651,044  

Daiho Corp.

     26,300        695,282  

Daiichikosho Co. Ltd.

     70,600        1,148,477  

Daiken Corp.

     40,400        810,843  

Dainichiseika Color & Chemicals Manufacturing Co. Ltd.

     10,700        162,911  

Daio Paper Corp.(a)

     98,100        804,653  

Daiseki Co. Ltd.

     14,100        377,953  

Daishi Hokuetsu Financial Group, Inc.

     49,840        1,267,501  

Daiwabo Holdings Co. Ltd.

     66,600        1,278,666  

DCM Holdings Co. Ltd.(a)

     78,300        636,999  

Denka Co. Ltd.(a)

     62,200        1,126,665  

Dexerials Corp.(a)

     31,600        781,397  

DIC Corp.

     61,700        1,004,111  

Dip Corp.

     18,300        451,292  

DMG Mori Co. Ltd.

     89,400        1,523,499  

DTS Corp.

     37,900        810,193  

Eagle Industry Co. Ltd.

     68,500        777,611  

Earth Corp.(a)

     22,200        731,942  

EDION Corp.(a)

     106,300        1,052,849  

Eiken Chemical Co. Ltd.

     51,500        471,429  

Elecom Co. Ltd.

     62,900        734,694  

Elematec Corp.

     75,700        938,482  

en Japan, Inc.

     25,100        391,575  

ES-Con Japan Ltd.

     134,100        838,434  

Exedy Corp.

     92,200        1,615,083  

EXEO Group, Inc.(a)

     76,800        1,576,915  

Ezaki Glico Co. Ltd.

     26,700        734,485  

Feed One Co. Ltd.

     30,100        160,560  

Financial Partners Group Co. Ltd.(a)

     98,900        891,409  

Food & Life Cos. Ltd.

     25,200        424,545  

France Bed Holdings Co. Ltd.

     105,300        855,948  

Fudo Tetra Corp.

     36,700        493,596  

Fuji Corp. Ltd.(a)

     134,900        663,539  

Fuji Oil Holdings, Inc.

     37,000        562,221  

Fuji Pharma Co. Ltd.

     94,500        738,395  

Fuji Soft, Inc.

     26,900        872,481  

Fujikura Ltd.

     84,500        680,360  

Fujimi, Inc.(a)

     69,523        1,400,011  

Fujitec Co. Ltd.(a)

     42,400        980,265  

Fukuyama Transporting Co. Ltd.

     24,600        647,867  

Funai Soken Holdings, Inc.

     41,700        729,348  

Furukawa Electric Co. Ltd.(a)

     37,800        603,381  

Furyu Corp.

     33,700        348,913  

Futaba Industrial Co. Ltd.

     45,700        234,280  

Future Corp.

     50,900        513,690  

Gecoss Corp.

     112,500        740,325  

Glory Ltd.

     35,977        718,937  

Goldcrest Co. Ltd.(a)

     61,700        916,662  

GS Yuasa Corp.

     33,900        604,964  

Gunma Bank Ltd.

     342,400        1,600,658  

H.U. Group Holdings, Inc.(a)

     62,500        1,063,830  

Hachijuni Bank Ltd.(a)

     382,000        2,111,656  

Hakudo Co. Ltd.(a)

     21,000        319,450  

Hakuto Co. Ltd.(a)

     38,000      1,291,071  

Hanwa Co. Ltd.

     22,900        728,166  

Hazama Ando Corp.

     150,500        1,176,971  

Heiwa Corp.(a)

     72,719        1,045,282  

Heiwa Real Estate Co. Ltd.

     26,500        706,785  

Hirogin Holdings, Inc.

     280,400        1,723,457  

Hochiki Corp.

     69,300        751,398  

Hogy Medical Co. Ltd.(a)

     16,200        346,852  

Hokkaido Gas Co. Ltd.

     54,800        871,438  

Hokuhoku Financial Group, Inc.

     107,400        1,151,910  

Horiba Ltd.

     28,800        1,562,119  

Hyakujushi Bank Ltd.(a)

     69,100        1,214,141  

I-PEX, Inc.(a)

     27,200        290,182  

Ichibanya Co. Ltd.

     22,300        814,441  

Ichigo, Inc.

     221,400        483,675  

Idec Corp.

     31,100        618,561  

Iino Kaiun Kaisha Ltd.(a)

     153,200        1,076,943  

Inaba Denki Sangyo Co. Ltd.

     66,100        1,432,960  

Inabata & Co. Ltd.

     52,300        1,096,994  

Information Services International-Dentsu Ltd.

     31,000        1,188,273  

INFRONEER Holdings, Inc.

     172,388        1,788,284  

Integrated Design & Engineering Holdings Co. Ltd.

     25,000        598,928  

Inui Global Logistics Co. Ltd.(a)

     65,500        580,271  

Itochu Enex Co. Ltd.

     152,901        1,542,074  

Itoham Yonekyu Holdings, Inc.

     43,000        1,167,030  

Izumi Co. Ltd.

     40,300        1,069,175  

JAC Recruitment Co. Ltd.

     54,800        933,500  

Japan Aviation Electronics Industry Ltd.(a)

     54,800        1,093,246  

Japan Lifeline Co. Ltd.

     71,400        556,942  

Japan Steel Works Ltd.

     28,800        535,953  

Japan Transcity Corp.

     55,500        245,468  

Jeol Ltd.

     12,200        364,467  

Joyful Honda Co. Ltd.(a)

     77,200        909,483  

Juki Corp.

     67,100        277,888  

Juroku Financial Group, Inc.

     50,600        1,269,874  

K’s Holdings Corp.

     203,100        1,867,336  

Kaga Electronics Co. Ltd.

     30,400        1,322,138  

Kaken Pharmaceutical Co. Ltd.

     26,200        614,508  

Kanamoto Co. Ltd.

     48,200        848,204  

Kandenko Co. Ltd.

     109,800        1,013,199  

Kaneka Corp.

     34,300        892,294  

Kanematsu Corp.

     94,500        1,309,606  

Katitas Co. Ltd.(a)

     25,200        367,804  

Kato Sangyo Co. Ltd.

     36,800        980,265  

KH Neochem Co. Ltd.

     38,400        590,571  

Ki-Star Real Estate Co. Ltd.(a)

     17,200        532,511  

Kitz Corp.

     123,900        859,350  

Koatsu Gas Kogyo Co. Ltd.

     21,600        109,574  

Kobe Steel Ltd.

     458,400        5,987,077  

Kojima Co. Ltd.(a)

     32,800        140,234  

Kokuyo Co. Ltd.

     87,400        1,388,970  

KOMEDA Holdings Co. Ltd.

     49,700        965,857  

 

See Notes to Financial Statements.

 

WisdomTree Trust      67  


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Komeri Co. Ltd.(a)

     35,300      $ 745,150  

Kumagai Gumi Co. Ltd.

     32,500        767,717  

Kumiai Chemical Industry Co. Ltd.

     76,400        567,272  

Kurabo Industries Ltd.

     50,595        827,286  

Kureha Corp.

     11,200        624,453  

KYB Corp.

     35,300        1,143,746  

Kyorin Pharmaceutical Co. Ltd.

     44,090        540,987  

Kyudenko Corp.(a)

     42,900        1,347,156  

Kyushu Financial Group, Inc.(a)

     292,200        1,509,708  

LEC, Inc.

     17,200        109,153  

Life Corp.

     32,500        792,763  

Lintec Corp.

     81,330        1,303,951  

Mabuchi Motor Co. Ltd.

     32,500        973,530  

Macnica Holdings, Inc.

     64,200        3,024,466  

Makino Milling Machine Co. Ltd.(a)

     12,400        542,617  

Mani, Inc.

     27,600        335,509  

Maruha Nichiro Corp.

     49,500        851,178  

Maruichi Steel Tube Ltd.

     68,900        1,717,594  

Matsui Securities Co. Ltd.(a)

     184,340        1,014,194  

Max Co. Ltd.

     48,600        893,348  

MCJ Co. Ltd.

     89,500        672,937  

Megmilk Snow Brand Co. Ltd.

     73,000        1,121,722  

Meitec Corp.

     72,900        1,320,969  

Micronics Japan Co. Ltd.

     25,300        359,261  

MIRAIT ONE Corp.

     72,400        954,093  

Mitsubishi Logistics Corp.

     56,900        1,514,537  

Mitsubishi Materials Corp.

     66,700        1,081,235  

Mitsubishi Shokuhin Co. Ltd.

     36,400        951,315  

Mitsuboshi Belting Ltd.(a)

     54,900        1,688,665  

Mitsui High-Tec, Inc.(a)

     8,000        416,016  

Mitsui Matsushima Holdings Co. Ltd.(a)

     18,400        339,702  

Mitsui Mining & Smelting Co. Ltd.(a)

     55,764        1,418,156  

Mitsui-Soko Holdings Co. Ltd.

     37,600        1,084,724  

MIXI, Inc.(a)

     83,700        1,329,889  

Mizuno Corp.(a)

     13,900        441,521  

Mochida Pharmaceutical Co. Ltd.

     27,900        623,532  

Monex Group, Inc.

     171,400        640,919  

Morinaga & Co. Ltd.

     35,800        1,295,973  

Morinaga Milk Industry Co. Ltd.

     19,300        727,767  

Musashi Seimitsu Industry Co. Ltd.

     51,200        557,547  

Nachi-Fujikoshi Corp.(a)

     30,700        827,033  

Nagase & Co. Ltd.

     72,400        1,140,400  

Nakanishi, Inc.

     34,600        810,367  

NEC Networks & System Integration Corp.

     70,000        921,293  

NET One Systems Co. Ltd.

     33,500        637,112  

Neturen Co. Ltd.(a)

     82,800        555,422  

NHK Spring Co. Ltd.

     225,800        1,731,045  

Nichias Corp.

     65,000        1,335,064  

Nichicon Corp.

     55,200        521,575  

Nichiha Corp.

     36,000        709,988  

Nihon Kohden Corp.

     25,900        640,796  

Nihon Nohyaku Co. Ltd.(a)

     34,900        153,656  

Nihon Parkerizing Co. Ltd.

     154,900        1,148,061  

Nikkon Holdings Co. Ltd.(a)

     53,100        1,124,805  

Nippn Corp.

     84,600      1,231,937  

Nippon Air Conditioning Services Co. Ltd.

     76,000        400,308  

Nippon Carbon Co. Ltd.

     29,500        900,469  

Nippon Denko Co. Ltd.(a)

     227,700        463,869  

Nippon Electric Glass Co. Ltd.

     120,400        2,247,843  

Nippon Gas Co. Ltd.

     78,700        1,168,700  

Nippon Kanzai Holdings Co. Ltd.

     43,200        743,715  

Nippon Kayaku Co. Ltd.

     170,999        1,431,819  

Nippon Light Metal Holdings Co. Ltd.

     63,300        713,915  

Nippon Pillar Packing Co. Ltd.(a)

     37,800        989,171  

Nippon Shokubai Co. Ltd.

     36,000        1,309,968  

Nippon Soda Co. Ltd.

     35,000        1,289,998  

Nipro Corp.(a)

     72,400        586,575  

Nishi-Nippon Financial Holdings, Inc.(a)

     168,000        1,922,895  

Nishi-Nippon Railroad Co. Ltd.(a)

     42,100        700,091  

Nishimatsu Construction Co. Ltd.(a)

     61,200        1,520,721  

Nishio Holdings Co. Ltd.

     37,300        882,352  

Nisshinbo Holdings, Inc.

     139,992        1,043,197  

Nissui Corp.

     219,600        1,076,772  

Nitta Corp.

     51,800        1,152,461  

Nitto Kogyo Corp.(a)

     32,400        778,382  

Noevir Holdings Co. Ltd.

     37,800        1,340,003  

NOK Corp.

     142,500        1,896,021  

Nomura Micro Science Co. Ltd.(a)

     4,400        179,568  

Noritake Co. Ltd.

     22,400        933,677  

North Pacific Bank Ltd.

     396,100        958,232  

NS United Kaiun Kaisha Ltd.(a)

     33,900        895,064  

NSD Co. Ltd.

     72,000        1,368,350  

Ogaki Kyoritsu Bank Ltd.

     66,100        918,689  

Ohsho Food Service Corp.(a)

     18,400        852,029  

Okamura Corp.

     85,400        1,293,948  

Okasan Securities Group, Inc.

     302,900        1,410,725  

Okinawa Cellular Telephone Co.

     56,400        1,217,008  

OKUMA Corp.(a)

     20,000        881,220  

Okumura Corp.

     34,000        1,023,019  

Onward Holdings Co. Ltd.(a)

     233,500        816,800  

Open Up Group, Inc.

     56,100        689,854  

Organo Corp.(a)

     26,200        737,410  

Osaka Soda Co. Ltd.(a)

     18,700        808,276  

OSG Corp.

     66,900        789,933  

PAL GROUP Holdings Co. Ltd.

     95,500        1,240,268  

PALTAC Corp.

     21,300        669,439  

Paramount Bed Holdings Co. Ltd.

     41,200        650,199  

Penta-Ocean Construction Co. Ltd.

     164,300        979,029  

PHC Holdings Corp.(a)

     101,500        1,037,956  

Pigeon Corp.

     76,000        859,950  

Pilot Corp.

     17,700        608,602  

Piolax, Inc.(a)

     33,700        516,707  

Press Kogyo Co. Ltd.

     243,500        1,124,285  

Prima Meat Packers Ltd.

     59,200        973,145  

Raito Kogyo Co. Ltd.

     51,600        713,358  

Raiznext Corp.

     85,700        835,033  

Rengo Co. Ltd.

     138,400        951,572  

Resorttrust, Inc.

     56,900        851,641  

 

See Notes to Financial Statements.

 

68   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Riken Corp.*

     13,400      $ 334,046  

Roland Corp.

     21,200        582,476  

Round One Corp.

     96,400        361,762  

Ryosan Co. Ltd.(a)

     39,500        1,177,919  

S Foods, Inc.

     31,100        697,132  

Sakai Chemical Industry Co. Ltd.

     29,100        403,471  

Sakai Moving Service Co. Ltd.(a)

     33,000        551,530  

Sakata Seed Corp.

     17,500        509,549  

SAMTY Co. Ltd.

     50,600        804,310  

San-Ai Obbli Co. Ltd.

     53,800        572,160  

San-In Godo Bank Ltd.

     266,700        1,730,043  

Sangetsu Corp.

     128,400        2,506,478  

Sanki Engineering Co. Ltd.

     97,900        1,064,779  

Sankyu, Inc.

     30,600        1,060,363  

Sanyo Chemical Industries Ltd.

     22,100        606,463  

Sanyo Special Steel Co. Ltd.

     58,900        1,162,804  

Sapporo Holdings Ltd.

     30,200        962,717  

Sawai Group Holdings Co. Ltd.

     19,700        604,367  

Scroll Corp.

     113,400        754,607  

Seika Corp.

     24,200        362,453  

Seiko Group Corp.(a)

     22,400        392,685  

Seino Holdings Co. Ltd.(a)

     90,900        1,276,468  

Senko Group Holdings Co. Ltd.

     138,800        974,786  

Senshu Ikeda Holdings, Inc.(a)

     571,400        1,229,147  

Seria Co. Ltd.

     50,400        743,715  

Shibaura Mechatronics Corp.

     7,200        340,157  

Shiga Bank Ltd.(a)

     57,700        1,353,326  

Shin-Etsu Polymer Co. Ltd.

     73,600        659,922  

Shinsho Corp.

     18,300        710,049  

Ship Healthcare Holdings, Inc.

     29,500        448,455  

Shoei Co. Ltd.(a)

     33,900        520,001  

Sinfonia Technology Co. Ltd.

     45,600        491,676  

SKY Perfect JSAT Holdings, Inc.

     287,400        1,346,240  

Sotetsu Holdings, Inc.

     48,600        957,833  

ST Corp.

     2,500        24,996  

Star Micronics Co. Ltd.

     53,300        670,782  

Starts Corp., Inc.(a)

     51,400        1,006,128  

Sumitomo Bakelite Co. Ltd.

     26,100        1,140,897  

Sumitomo Mitsui Construction Co. Ltd.

     201,000        553,600  

Sumitomo Osaka Cement Co. Ltd.

     23,700        583,348  

Sun Frontier Fudousan Co. Ltd.

     96,000        968,846  

Suncall Corp.(a)

     67,500        221,645  

Systena Corp.

     187,600        338,177  

T Hasegawa Co. Ltd.(a)

     26,200        535,500  

T-Gaia Corp.

     58,400        690,742  

Tachibana Eletech Co. Ltd.

     21,500        403,418  

Taiheiyo Cement Corp.

     66,800        1,186,262  

Taikisha Ltd.

     25,400        769,362  

Taiyo Holdings Co. Ltd.

     39,000        670,102  

Takaoka Toko Co. Ltd.(a)

     18,400        259,061  

Takara Bio, Inc.

     50,200        465,248  

Takara Holdings, Inc.

     162,100        1,304,621  

Takara Standard Co. Ltd.(a)

     86,200        1,070,388  

Takasago Thermal Engineering Co. Ltd.(a)

     47,200        919,170  

Takeuchi Manufacturing Co. Ltd.

     42,000      1,379,125  

Takuma Co. Ltd.

     62,600        649,387  

Tama Home Co. Ltd.

     32,600        777,725  

Tamron Co. Ltd.

     14,100        431,811  

Tayca Corp.

     21,600        198,305  

Teijin Ltd.

     102,900        1,001,935  

Teikoku Electric Manufacturing Co. Ltd.

     45,300        767,421  

TKC Corp.(a)

     35,700        870,819  

Toagosei Co. Ltd.

     130,400        1,174,452  

Tocalo Co. Ltd.

     92,800        847,000  

Toda Corp.

     201,200        1,091,583  

Toho Bank Ltd.(a)

     265,700        502,110  

Tokai Carbon Co. Ltd.

     116,900        917,339  

TOKAI Holdings Corp.(a)

     151,000        937,015  

Tokai Rika Co. Ltd.

     62,922        988,368  

Tokai Tokyo Financial Holdings, Inc.

     277,000        900,285  

Token Corp.

     11,200        598,934  

Tokuyama Corp.

     44,400        699,213  

Tokyo Kiraboshi Financial Group, Inc.

     42,000        1,267,951  

Tokyo Ohka Kogyo Co. Ltd.

     24,700        1,472,482  

Tokyo Seimitsu Co. Ltd.

     61,800        3,101,907  

Tokyo Steel Manufacturing Co. Ltd.(a)

     92,700        1,046,738  

Tokyotokeiba Co. Ltd.(a)

     20,000        538,784  

Tokyu Construction Co. Ltd.

     60,600        316,757  

Tomoku Co. Ltd.(a)

     47,900        787,714  

Tomy Co. Ltd.

     74,000        1,072,126  

Topcon Corp.

     66,400        733,971  

Totech Corp.

     22,300        778,576  

Totetsu Kogyo Co. Ltd.

     35,500        698,938  

Towa Pharmaceutical Co. Ltd.

     32,100        611,132  

Toyo Ink SC Holdings Co. Ltd.

     33,300        521,732  

Toyo Tanso Co. Ltd.

     24,000        871,704  

Toyo Tire Corp.

     129,300        1,994,630  

Toyobo Co. Ltd.

     81,500        588,482  

Transcosmos, Inc.

     61,800        1,323,176  

TS Tech Co. Ltd.

     94,600        1,075,166  

Tsubakimoto Chain Co.

     44,400        1,152,957  

Tsumura & Co.

     43,601        812,269  

UACJ Corp.

     37,600        791,181  

UBE Corp.

     75,300        1,272,367  

Ulvac, Inc.

     23,900        864,068  

Valor Holdings Co. Ltd.

     59,400        870,550  

Valqua Ltd.

     41,600        1,154,123  

VT Holdings Co. Ltd.

     196,300        672,202  

Wacoal Holdings Corp.

     46,500        1,053,242  

Wacom Co. Ltd.

     116,100        461,366  

Xebio Holdings Co. Ltd.

     83,600        560,228  

YAMABIKO Corp.

     58,100        560,657  

Yamagata Bank Ltd.(a)

     57,300        436,206  

Yamaguchi Financial Group, Inc.

     218,600        1,919,754  

Yamaichi Electronics Co. Ltd.

     48,700        561,980  

Yamazen Corp.

     102,900        810,926  

Yaoko Co. Ltd.(a)

     14,800        762,588  

Yellow Hat Ltd.

     71,700        911,475  

 

See Notes to Financial Statements.

 

WisdomTree Trust      69  


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Yokogawa Bridge Holdings Corp.

     55,300      $ 1,035,404  

Yokorei Co. Ltd.(a)

     39,900        323,799  

Yuasa Trading Co. Ltd.

     27,000        748,166  

Yurtec Corp.

     70,900        456,117  
     

 

 

 
Total Japan               322,665,858  
Malaysia – 0.1%      

Frencken Group Ltd.

     845,600        693,876  
Netherlands – 0.8%

 

AMG Critical Materials NV

     22,873        690,178  

Brunel International NV

     62,169        855,679  

Corbion NV

     36,044        719,728  

ForFarmers NV(a)

     192,029        504,211  

Koninklijke Heijmans NV

     101,022        1,144,440  

RHI Magnesita NV

     113,249        3,845,448  

Sligro Food Group NV

     37,340        663,376  
     

 

 

 
Total Netherlands               8,423,060  
Norway – 3.3%      

ABG Sundal Collier Holding ASA

     1,363,085        659,711  

Aker Solutions ASA

     102,610        416,579  

Atea ASA*

     146,584        1,840,419  

Austevoll Seafood ASA

     349,609        2,472,366  

Belships ASA

     1,128,671        1,913,496  

Bonheur ASA

     16,189        340,794  

Borregaard ASA

     48,762        724,039  

Bouvet ASA

     107,435        572,470  

DNO ASA

     1,564,639        1,554,221  

Elopak ASA

     188,052        384,380  

Entra ASA(b)

     233,752        2,012,215  

Europris ASA(b)

     301,344        1,692,093  

Grieg Seafood ASA

     147,889        1,086,842  

Kid ASA(b)

     88,130        731,321  

MPC Container Ships ASA

     2,401,530        3,934,899  

OKEA ASA

     230,733        827,450  

Pareto Bank ASA

     106,950        540,738  

Protector Forsikring ASA

     138,343        2,262,195  

Rana Gruber ASA

     219,151        1,215,120  

Selvaag Bolig ASA

     130,443        348,147  

SpareBank 1 Nord Norge

     253,781        2,282,416  

Sparebank 1 Oestlandet

     73,215        917,867  

SpareBank 1 SMN

     211,319        2,724,685  

Sparebanken Vest

     122,402        1,212,419  

TGS ASA

     119,254        1,642,974  

Veidekke ASA

     130,161        1,193,863  
     

 

 

 
Total Norway               35,503,719  
Portugal – 1.7%      

Altri SGPS SA(a)

     263,960        1,197,798  

Banco Comercial Portugues SA, Class R*

     2,945,217        811,992  

Corticeira Amorim SGPS SA

     111,228        1,145,831  

CTT-Correios de Portugal SA

     199,444        733,786  

Mota-Engil SGPS SA

     397,683        1,442,086  

NOS SGPS SA

     1,441,716        5,314,983  

REN – Redes Energeticas Nacionais SGPS SA

     1,732,763        4,439,642  

Sonae SGPS SA

     3,395,239        3,307,133  
     

 

 

 
Total Portugal               18,393,251  
Singapore – 3.2%      

AEM Holdings Ltd.(a)

     545,500      1,374,841  

Aztech Global Ltd.

     1,232,400        726,853  

Bukit Sembawang Estates Ltd.

     500,800        1,416,285  

Capitaland India Trust(a)

     2,703,513        2,079,778  

Geo Energy Resources Ltd.

     6,446,700        1,369,729  

Hour Glass Ltd.

     1,316,000        1,870,496  

Japfa Ltd.

     1,338,500        210,842  

Jiutian Chemical Group Ltd.

     13,860,100        324,949  

Kenon Holdings Ltd.

     138,289        3,196,594  

Keppel DC REIT

     3,225,000        4,914,646  

Keppel Infrastructure Trust

     11,108,641        3,784,540  

Propnex Ltd.

     2,682,300        1,729,375  

Raffles Medical Group Ltd.

     1,343,600        1,230,493  

Samudera Shipping Line Ltd.

     2,407,800        1,323,064  

Sheng Siong Group Ltd.

     2,603,000        2,898,791  

Silverlake Axis Ltd.

     2,545,900        494,295  

Singapore Post Ltd.

     2,377,800        844,921  

StarHub Ltd.

     1,453,900        1,182,379  

UMS Holdings Ltd.

     1,899,098        1,808,797  

Wing Tai Holdings Ltd.

     1,221,700        1,253,117  
     

 

 

 
Total Singapore               34,034,785  
Spain – 1.9%      

Almirall SA(a)

     102,364        1,042,595  

Applus Services SA

     103,629        1,086,200  

Atresmedia Corp. de Medios de Comunicacion SA

     744,889        2,886,464  

Construcciones y Auxiliar de Ferrocarriles SA

     35,797        1,121,842  

Ence Energia y Celulosa SA(a)

     560,320        1,882,940  

Faes Farma SA

     761,910        2,581,351  

Gestamp Automocion SA(b)

     385,802        1,613,448  

Indra Sistemas SA

     92,289        1,338,641  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros(a)

     1,603,995        1,485,951  

Pharma Mar SA(a)

     6,699        227,813  

Prosegur Cash SA(a)(b)

     1,554,555        969,427  

Prosegur Compania de Seguridad SA

     1,123,156        1,814,630  

Sacyr SA(a)

     922,554        2,717,330  
     

 

 

 
Total Spain               20,768,632  
Sweden – 5.7%      

AcadeMedia AB(b)

     157,452        677,680  

AddLife AB, Class B

     64,284        383,129  

AFRY AB

     117,644        1,390,391  

Akelius Residential Property AB, Class D

     448,341        824,996  

Atrium Ljungberg AB, Class B(a)

     141,893        2,326,093  

Beijer Alma AB

     49,829        858,599  

Betsson AB, Class B*

     170,322        1,884,419  

Bilia AB, Class A

     191,116        1,873,479  

Bravida Holding AB(b)

     182,280        1,352,310  

Bufab AB

     5,013        127,261  

Catena AB

     30,190        1,055,964  

Clas Ohlson AB, Class B

     158,316        1,706,412  

Cloetta AB, Class B

     488,305        820,719  

 

See Notes to Financial Statements.

 

70   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Coor Service Management Holding AB(b)

     178,239      $ 728,430  

Corem Property Group AB, Class B(a)

     1,835,111        1,022,772  

Dios Fastigheter AB

     210,144        1,206,023  

Dometic Group AB(b)

     387,618        2,471,091  

Electrolux Professional AB, Class B

     115,775        601,563  

Elekta AB, Class B(a)

     430,203        2,946,900  

Granges AB

     105,389        999,159  

HMS Networks AB

     20,075        739,125  

Instalco AB

     145,443        435,089  

Inwido AB

     117,981        1,194,557  

JM AB

     169,793        2,317,732  

KNOW IT AB

     37,607        438,925  

Lagercrantz Group AB, Class B

     109,430        1,118,051  

Lindab International AB

     80,082        1,179,389  

Loomis AB

     66,574        1,805,260  

MEKO AB

     58,956        515,259  

MIPS AB(a)

     15,176        517,964  

Munters Group AB(b)

     67,379        871,371  

Mycronic AB

     59,505        1,237,839  

NCC AB, Class B

     186,501        2,032,521  

New Wave Group AB, Class B(a)

     83,577        585,890  

Nolato AB, Class B

     267,966        1,105,487  

Nordic Paper Holding AB(a)

     222,066        665,327  

Nordic Waterproofing Holding AB

     36,202        541,820  

Peab AB, Class B

     684,357        2,833,377  

Platzer Fastigheter Holding AB, Class B

     122,095        755,213  

Ratos AB, Class B

     254,851        765,196  

Resurs Holding AB(b)

     644,256        1,397,127  

Sagax AB, Class D(a)

     379,035        894,889  

Samhallsbyggnadsbolaget i Norden AB, Class D(a)

     716,244        284,014  

Sectra AB, Class B*

     42,839        510,242  

Skandinaviska Enskilda Banken AB, Class C

     15,681        187,637  

SkiStar AB(a)

     45,551        468,751  

SSAB AB, Class A

     1,216,608        6,909,364  

Svenska Handelsbanken AB, Class B(a)

     22,960        243,882  

Synsam AB

     119,236        398,397  

Troax Group AB

     37,541        535,599  

VBG Group AB, Class B

     2,128        37,529  

Wihlborgs Fastigheter AB

     374,310        2,633,972  
     

 

 

 
Total Sweden               61,414,185  
Switzerland – 1.5%      

Arbonia AG

     57,850        530,566  

Comet Holding AG, Registered Shares

     5,704        1,274,483  

Huber & Suhner AG, Registered Shares

     20,581        1,489,355  

Landis & Gyr Group AG

     32,812        2,378,045  

Medmix AG(b)

     37,740        959,177  

Mobilezone Holding AG, Registered Shares

     105,665        1,580,124  

Sulzer AG, Registered Shares

     53,873        5,161,749  

Swissquote Group Holding SA, Registered Shares

     9,262        1,696,886  

u-blox Holding AG

     3,734        317,970  

Zehnder Group AG

     9,687        569,699  
     

 

 

 
Total Switzerland               15,958,054  
United Kingdom – 14.1%      

AG Barr PLC

     102,977      617,131  

AJ Bell PLC

     273,428        915,762  

Alliance Pharma PLC(a)

     567,200        327,456  

Ashmore Group PLC

     1,735,209        3,977,433  

Assura PLC

     6,774,877        3,496,164  

Bloomsbury Publishing PLC

     140,230        686,342  

Bodycote PLC

     222,833        1,774,661  

Bridgepoint Group PLC(b)

     667,228        1,568,505  

Bytes Technology Group PLC

     161,949        985,962  

Central Asia Metals PLC

     668,109        1,533,065  

Chemring Group PLC

     224,469        760,282  

Chesnara PLC

     290,470        974,966  

Clarkson PLC

     30,169        1,007,103  

Close Brothers Group PLC

     287,195        3,105,747  

CLS Holdings PLC

     696,838        1,010,424  

CMC Markets PLC(a)(b)

     424,084        544,532  

Coats Group PLC

     1,361,038        1,217,670  

Concentric AB

     28,979        436,384  

Craneware PLC

     21,464        392,968  

Cranswick PLC

     57,033        2,472,604  

Crest Nicholson Holdings PLC

     548,623        1,163,133  

CVS Group PLC

     8,396        167,141  

DFS Furniture PLC(a)

     538,184        712,058  

DiscoverIE Group PLC

     51,018        422,191  

Diversified Energy Co. PLC

     2,958,252        2,912,024  

Domino’s Pizza Group PLC

     554,825        2,548,949  

Dunelm Group PLC

     275,336        3,528,643  

EMIS Group PLC

     40,070        944,891  

Empiric Student Property PLC

     1,489,649        1,627,281  

Essentra PLC

     266,656        526,605  

FDM Group Holdings PLC

     196,320        1,246,015  

Fevertree Drinks PLC

     59,906        877,419  

Firstgroup PLC

     408,619        752,598  

Fonix Mobile PLC

     179,283        423,424  

Forterra PLC(b)

     574,236        1,042,915  

FRP Advisory Group PLC

     283,978        410,732  

Galliford Try Holdings PLC

     282,117        838,463  

Gamma Communications PLC

     40,289        536,988  

Genuit Group PLC

     319,215        1,283,791  

Genus PLC

     27,112        693,599  

Grainger PLC

     458,802        1,308,138  

Great Portland Estates PLC

     188,643        961,977  

Greggs PLC

     85,408        2,551,910  

Halfords Group PLC

     331,541        802,445  

Hammerson PLC

     3,073,207        944,502  

Headlam Group PLC

     193,905        532,509  

Henry Boot PLC(a)

     107,333        256,770  

Hill & Smith PLC

     75,955        1,596,412  

Hilton Food Group PLC

     122,205        1,069,458  

Hunting PLC

     171,671        640,123  

I3 Energy PLC(a)

     2,446,861        443,796  

Ibstock PLC(b)

     974,612        1,695,126  

Impax Asset Management Group PLC

     138,235        773,593  

 

See Notes to Financial Statements.

 

WisdomTree Trust      71  


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  

IntegraFin Holdings PLC

     433,720      $ 1,255,682  

Jadestone Energy PLC*(a)

     704,945        279,637  

James Halstead PLC(a)

     225,748        570,361  

Kainos Group PLC

     70,629        990,509  

Keller Group PLC

     115,688        1,060,434  

Learning Technologies Group PLC

     363,207        284,385  

Liontrust Asset Management PLC

     185,472        1,374,113  

LondonMetric Property PLC

     2,040,312        4,283,320  

Lookers PLC

     735,698        1,163,751  

ME Group International PLC

     985,777        1,898,633  

Mears Group PLC

     167,890        565,574  

Mitie Group PLC

     1,171,925        1,470,444  

Moneysupermarket.com Group PLC

     1,011,082        2,993,868  

Morgan Advanced Materials PLC

     352,152        1,053,057  

Morgan Sindall Group PLC

     80,214        2,011,951  

Mortgage Advice Bureau Holdings Ltd.

     67,722        443,047  

NCC Group PLC

     273,647        394,120  

Next 15 Group PLC

     58,750        459,644  

Ninety One PLC

     1,317,875        2,752,198  

Oxford Instruments PLC

     21,501        572,098  

Pagegroup PLC

     939,273        4,805,832  

Pan African Resources PLC(a)

     4,305,129        755,615  

PayPoint PLC

     178,028        1,136,437  

Pets at Home Group PLC

     593,861        2,426,754  

Premier Foods PLC

     273,184        400,122  

Primary Health Properties PLC(a)

     2,044,622        2,320,873  

PZ Cussons PLC(a)

     412,940        713,683  

Quilter PLC(b)

     2,401,611        2,513,577  

Redde Northgate PLC

     459,809        1,896,923  

Redrow PLC

     758,737        4,582,225  

RWS Holdings PLC

     457,458        1,338,924  

Safestore Holdings PLC

     261,327        2,347,565  

Savills PLC

     170,518        1,801,328  

Serica Energy PLC

     633,028        1,922,334  

Shaftesbury Capital PLC

     543,084        760,964  

Smart Metering Systems PLC

     168,074        1,275,987  

Speedy Hire PLC

     1,745,406        680,648  

Spirent Communications PLC

     409,827        690,296  

SThree PLC

     141,459        645,740  

TBC Bank Group PLC

     111,049        4,045,893  

Telecom Plus PLC

     95,460        1,736,054  

TORM PLC, Class A

     80,932        2,198,190  

TP ICAP Group PLC

     1,147,525        2,382,440  

Travis Perkins PLC

     273,687        2,820,706  

TT Electronics PLC

     284,438        590,190  

Tyman PLC

     370,413        1,306,591  

Vertu Motors PLC

     143,934        131,232  

Vesuvius PLC

     498,809        2,643,501  

Victrex PLC

     78,330        1,343,259  

Videndum PLC

     68,606        275,913  

Virgin Money U.K. PLC

     1,176,207        2,416,865  

Volution Group PLC

     130,426        575,955  

Watkin Jones PLC(a)

     740,115        361,339  

Wickes Group PLC

     726,444        1,217,386  

Wincanton PLC

     206,301      689,934  

Workspace Group PLC

     311,265        1,863,861  

XPS Pensions Group PLC

     389,133        926,164  
     

 

 

 
Total United Kingdom               150,458,906  
TOTAL COMMON STOCKS
(Cost: $1,094,893,241)
              1,056,650,449  
EXCHANGE-TRADED FUNDS – 0.0%

 

United States – 0.0%      

WisdomTree Europe SmallCap Dividend Fund(c)

     4,408        231,288  

WisdomTree Japan SmallCap Dividend Fund(c)

     2,811        193,846  

TOTAL EXCHANGE-TRADED FUNDS

(Cost: $360,165)

              425,134  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 6.0%

 

United States – 6.0%      

State Street Navigator Securities Lending
Government Money Market Portfolio, 5.36%(d)

 

  
(Cost: $64,166,542)      64,166,542        64,166,542  
TOTAL INVESTMENTS IN SECURITIES – 104.8%

 

  
(Cost: $1,159,419,948)         1,121,242,125  

Other Assets less Liabilities – (4.8)%

        (51,736,531
     

 

 

 
NET ASSETS – 100.0%             $ 1,069,505,594  

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $125,096,831 and the total market value of the collateral held by the Fund was $133,141,217. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $68,974,675.

 

(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, 2023.

 

See Notes to Financial Statements.

 

72   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

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, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree Europe SmallCap Dividend Fund

  $ 1,967,678     $ 5,851,369     $ 7,043,112     $ (286,721   $ (257,926   $ 231,288     $ 158,374  

WisdomTree Japan SmallCap Dividend Fund

    1,615,590       4,496,677       6,001,886       236,568       (153,103     193,846       26,515  

Total

  $ 3,583,268     $ 10,348,046     $ 13,044,998     $ (50,153   $ (411,029   $ 425,134     $ 184,889  

 

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

    10/2/2023       2,920,000       NOK       273,987       USD     $ 427     $  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

 

Japan

   $ 322,331,812      $ 334,046      $      $ 322,665,858  

Other

     733,984,591                      733,984,591  

Exchange-Traded Funds

     425,134                      425,134  

Investment of Cash Collateral for Securities Loaned

            64,166,542               64,166,542  

Total Investments in Securities

   $ 1,056,741,537      $ 64,500,588      $      $ 1,121,242,125  

Financial Derivative Instruments

        

Foreign Currency Contracts1

   $      $ 427      $      $ 427  

Total – Net

   $ 1,056,741,537      $ 64,501,015      $      $ 1,121,242,552  

 

1

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      73  


Schedule of Investments (unaudited)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.4%

 

Japan – 98.4%

 

Air Freight & Logistics – 1.2%

 

AIT Corp.

     11,600      $ 137,669  

AZ-COM MARUWA Holdings, Inc.(a)

     15,200        216,757  

Hamakyorex Co. Ltd.

     6,100        165,964  

Konoike Transport Co. Ltd.

     13,700        177,556  

Mitsui-Soko Holdings Co. Ltd.

     14,900        429,851  

Sankyu, Inc.

     12,100        419,294  

SBS Holdings, Inc.

     6,400        120,173  

Senko Group Holdings Co. Ltd.

     62,356        437,923  

Shibusawa Warehouse Co. Ltd.(a)

     9,600        195,892  

Trancom Co. Ltd.(a)

     1,500        73,781  
     

 

 

 
Total Air Freight & Logistics

 

     2,374,860  
Automobile Components – 5.3%

 

Aisan Industry Co. Ltd.

     22,800        204,279  

Daido Metal Co. Ltd.

     34,200        130,635  

Daikyonishikawa Corp.

     31,200        168,310  

Eagle Industry Co. Ltd.

     31,200        354,182  

Exedy Corp.

     34,925        611,787  

Fujikura Composites, Inc.(a)

     12,600        99,213  

FuKoKu Co. Ltd.

     15,100        145,409  

Futaba Industrial Co. Ltd.

     32,600        167,123  

G-Tekt Corp.

     16,400        200,020  

H-One Co. Ltd.

     12,900        75,641  

KYB Corp.

     13,200        427,690  

Musashi Seimitsu Industry Co. Ltd.

     19,100        207,991  

NHK Spring Co. Ltd.

     120,100        920,720  

Nihon Tokushu Toryo Co. Ltd.

     16,000        141,960  

NOK Corp.

     69,900        930,048  

Pacific Industrial Co. Ltd.

     22,200        213,185  

Piolax, Inc.(a)

     15,300        234,588  

Press Kogyo Co. Ltd.

     76,200        351,830  

Riken Corp.*

     10,200        254,274  

Seiren Co. Ltd.(a)

     10,311        161,894  

Shoei Co. Ltd.(a)

     13,800        211,682  

Sumitomo Riko Co. Ltd.

     22,500        168,571  

Sumitomo Rubber Industries Ltd.

     84,200        931,575  

Suncall Corp.(a)

     16,300        53,523  

T RAD Co. Ltd.

     5,300        79,913  

Tachi-S Co. Ltd.

     20,700        236,096  

Tokai Rika Co. Ltd.(a)

     34,958        549,114  

Topre Corp.

     8,300        94,388  

Toyo Tire Corp.

     69,800        1,076,761  

Toyoda Gosei Co. Ltd.

     28,400        611,297  

TPR Co. Ltd.

     13,700        167,549  

TS Tech Co. Ltd.

     46,100        523,944  
     

 

 

 
Total Automobile Components

 

     10,705,192  
Automobiles – 0.1%

 

Nissan Shatai Co. Ltd.

     23,900        136,938  
Banks – 9.0%

 

77 Bank Ltd.(a)

     42,900        911,329  

Akita Bank Ltd.

     11,300        152,812  

Aozora Bank Ltd.(a)

     62,700      1,283,622  

Awa Bank Ltd.

     8,875        136,314  

Bank of Iwate Ltd.

     12,000        210,045  

Bank of Nagoya Ltd.

     10,369        360,631  

Bank of Saga Ltd.

     13,400        182,648  

Bank of the Ryukyus Ltd.(a)

     25,508        194,868  

Daishi Hokuetsu Financial Group, Inc.

     18,455        469,336  

Ehime Bank Ltd.

     17,699        116,471  

FIDEA Holdings Co. Ltd.

     17,080        183,476  

First Bank of Toyama Ltd.

     35,200        221,260  

Fukui Bank Ltd.

     4,948        51,527  

Gunma Bank Ltd.

     130,500        610,064  

Hachijuni Bank Ltd.(a)

     171,800        949,692  

Hirogin Holdings, Inc.

     114,900        706,224  

Hokkoku Financial Holdings, Inc.(a)

     4,762        165,940  

Hokuhoku Financial Group, Inc.

     40,900        438,669  

Hyakugo Bank Ltd.

     80,000        287,351  

Hyakujushi Bank Ltd.(a)

     16,400        288,161  

Juroku Financial Group, Inc.(a)

     15,800        396,522  

Keiyo Bank Ltd.

     51,442        238,552  

Kiyo Bank Ltd.(a)

     18,090        181,597  

Kyushu Financial Group, Inc.

     130,900        676,320  

Mebuki Financial Group, Inc.

     345,400        957,561  

Miyazaki Bank Ltd.

     6,400        119,144  

Musashino Bank Ltd.(a)

     13,800        255,516  

Nanto Bank Ltd.

     11,100        197,937  

Nishi-Nippon Financial Holdings, Inc.(a)

     64,800        741,688  

North Pacific Bank Ltd.

     141,015        341,139  

Ogaki Kyoritsu Bank Ltd.

     11,842        164,586  

Oita Bank Ltd.

     7,600        138,427  

Okinawa Financial Group, Inc.(a)

     6,080        98,845  

Procrea Holdings, Inc.(a)

     5,762        75,643  

San ju San Financial Group, Inc.

     18,600        231,339  

San-In Godo Bank Ltd.

     107,900        699,931  

Senshu Ikeda Holdings, Inc.(a)

     195,840        421,274  

Seven Bank Ltd.(a)

     614,700        1,280,685  

Shiga Bank Ltd.(a)

     27,184        637,588  

Shikoku Bank Ltd.

     24,500        166,644  

Suruga Bank Ltd.

     32,100        136,166  

Toho Bank Ltd.(a)

     120,900        228,472  

Tokyo Kiraboshi Financial Group, Inc.

     17,200        519,256  

TOMONY Holdings, Inc.

     45,877        141,728  

Towa Bank Ltd.(a)

     28,900        122,010  

Yamagata Bank Ltd.(a)

     15,500        117,996  

Yamaguchi Financial Group, Inc.

     80,300        705,198  

Yamanashi Chuo Bank Ltd.(a)

     17,600        196,021  
     

 

 

 
Total Banks

 

     18,108,225  
Beverages – 0.9%

 

Coca-Cola Bottlers Japan Holdings, Inc.

     69,500        915,644  

Sapporo Holdings Ltd.

     9,198        293,214  

Takara Holdings, Inc.

     63,211        508,738  
     

 

 

 
Total Beverages

 

     1,717,596  

 

See Notes to Financial Statements.

 

74   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  
Biotechnology – 0.1%

 

Takara Bio, Inc.

     21,700      $ 201,113  
Broadline Retail – 1.0%

 

ASKUL Corp.

     17,830        234,189  

Belluna Co. Ltd.(a)

     19,184        86,391  

Izumi Co. Ltd.

     17,100        453,670  

J Front Retailing Co. Ltd.

     60,100        615,801  

Mr Max Holdings Ltd.

     13,300        54,902  

Seria Co. Ltd.

     19,700        290,698  

Takashimaya Co. Ltd.

     21,500        315,242  
     

 

 

 
Total Broadline Retail

 

     2,050,893  
Building Products – 1.7%

 

Bunka Shutter Co. Ltd.(a)

     22,900        169,726  

Central Glass Co. Ltd.(a)

     10,586        210,337  

Nichias Corp.

     31,013        636,990  

Nichiha Corp.

     11,500        226,802  

Nitto Boseki Co. Ltd.(a)

     6,800        159,035  

Noritz Corp.

     11,700        124,350  

Okabe Co. Ltd.

     23,800        119,777  

Sanwa Holdings Corp.

     62,600        833,967  

Shin Nippon Air Technologies Co. Ltd.

     7,200        116,040  

Sinko Industries Ltd.

     9,000        133,349  

Takara Standard Co. Ltd.(a)

     24,831        308,339  

Takasago Thermal Engineering Co. Ltd.(a)

     16,972        330,512  
     

 

 

 
Total Building Products

 

     3,369,224  
Capital Markets – 1.3%

 

Ichiyoshi Securities Co. Ltd.

     30,688        144,571  

IwaiCosmo Holdings, Inc.

     20,600        241,167  

Marusan Securities Co. Ltd.(a)

     29,800        166,948  

Matsui Securities Co. Ltd.(a)

     121,700        669,564  

Monex Group, Inc.

     77,794        290,897  

Okasan Securities Group, Inc.

     84,400        393,084  

SBI Global Asset Management Co. Ltd.

     44,644        167,836  

Sparx Group Co. Ltd.

     17,800        179,759  

Tokai Tokyo Financial Holdings, Inc.

     132,100        429,342  
     

 

 

 
Total Capital Markets

 

     2,683,168  
Chemicals – 9.7%

 

ADEKA Corp.

     32,525        557,213  

Aica Kogyo Co. Ltd.

     21,615        483,359  

Asahi Yukizai Corp.

     7,000        173,329  

C Uyemura & Co. Ltd.

     7,200        454,991  

Chugoku Marine Paints Ltd.(a)

     19,500        177,065  

CI Takiron Corp.(a)

     25,500        98,087  

Daicel Corp.

     112,700        944,799  

Dainichiseika Color & Chemicals Manufacturing Co. Ltd.

     7,942        120,920  

Denka Co. Ltd.(a)

     35,300        639,410  

DIC Corp.

     33,400        543,554  

DKS Co. Ltd.

     5,800        67,629  

Fujimi, Inc.(a)

     35,100        706,822  

Fujimori Kogyo Co. Ltd.

     5,400        134,435  

Fuso Chemical Co. Ltd.(a)

     6,200        163,284  

Harima Chemicals Group, Inc.

     14,800        81,823  

Ishihara Sangyo Kaisha Ltd.

     19,500      193,530  

JCU Corp.

     5,700        118,794  

JSP Corp.

     10,623        145,437  

Kaneka Corp.

     18,500        481,267  

Kanto Denka Kogyo Co. Ltd.(a)

     13,100        76,726  

KeePer Technical Laboratory Co. Ltd.

     2,100        82,044  

KH Neochem Co. Ltd.

     15,900        244,533  

Konishi Co. Ltd.(a)

     12,000        183,347  

Kumiai Chemical Industry Co. Ltd.

     32,524        241,492  

Kureha Corp.

     5,064        282,342  

Lintec Corp.

     42,665        684,041  

MEC Co. Ltd.(a)

     3,600        89,261  

Moriroku Holdings Co. Ltd.

     10,100        151,948  

Nihon Nohyaku Co. Ltd.(a)

     20,800        91,577  

Nihon Parkerizing Co. Ltd.

     53,500        396,522  

Nippon Chemical Industrial Co. Ltd.

     6,100        79,916  

Nippon Kayaku Co. Ltd.

     85,800        718,426  

Nippon Pillar Packing Co. Ltd.(a)

     15,600        408,229  

Nippon Shokubai Co. Ltd.

     18,800        684,095  

Nippon Soda Co. Ltd.

     17,418        641,977  

Osaka Organic Chemical Industry Ltd.(a)

     5,900        99,872  

Osaka Soda Co. Ltd.(a)

     8,100        350,109  

Riken Technos Corp.

     24,200        115,952  

Sakai Chemical Industry Co. Ltd.

     10,900        151,128  

Sakata INX Corp.

     15,300        132,058  

Sanyo Chemical Industries Ltd.

     7,735        212,262  

Shikoku Kasei Holdings Corp.

     10,900        120,669  

Shin-Etsu Polymer Co. Ltd.

     27,400        245,677  

Sumitomo Bakelite Co. Ltd.

     13,318        582,163  

T Hasegawa Co. Ltd.(a)

     11,100        226,872  

Taiyo Holdings Co. Ltd.

     22,482        386,288  

Takasago International Corp.

     7,200        145,230  

Tayca Corp.

     7,700        70,692  

Teijin Ltd.

     69,500        676,720  

Toagosei Co. Ltd.

     53,700        483,651  

Tokai Carbon Co. Ltd.

     63,400        497,513  

Tokuyama Corp.

     25,600        403,150  

Tokyo Ohka Kogyo Co. Ltd.

     15,900        947,873  

Toyo Ink SC Holdings Co. Ltd.

     24,502        383,888  

Toyobo Co. Ltd.

     27,753        200,394  

UBE Corp.

     46,493        785,606  

Valqua Ltd.(a)

     13,237        367,239  

Zeon Corp.(a)

     51,800        542,559  
     

 

 

 
Total Chemicals

 

     19,469,789  
Commercial Services & Supplies – 1.4%

 

Aeon Delight Co. Ltd.

     10,000        220,472  

Daiseki Co. Ltd.

     5,588        149,787  

Inui Global Logistics Co. Ltd.(a)

     30,300        268,431  

Japan Elevator Service Holdings Co. Ltd.

     6,400        94,140  

Kokuyo Co. Ltd.

     30,300        481,531  

Matsuda Sangyo Co. Ltd.

     5,000        79,410  

Mitsubishi Pencil Co. Ltd.

     11,500        147,810  

Nippon Kanzai Holdings Co. Ltd.

     11,200        192,815  

 

See Notes to Financial Statements.

 

WisdomTree Trust      75  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  

Nippon Parking Development Co. Ltd.

     85,100      $ 121,470  

Okamura Corp.

     23,776        360,245  

Pilot Corp.

     6,700        230,375  

Prestige International, Inc.(a)

     16,700        69,273  

Sato Holdings Corp.(a)

     11,238        158,978  

Studio Alice Co. Ltd.(a)

     6,600        91,818  

TRE Holdings Corp.

     10,100        81,558  
     

 

 

 
Total Commercial Services & Supplies

 

     2,748,113  
Construction & Engineering – 5.9%

 

Asanuma Corp.

     12,300        295,909  

CTI Engineering Co. Ltd.

     3,800        114,465  

Dai-Dan Co. Ltd.

     11,400        113,446  

Daiho Corp.

     12,600        333,101  

EXEO Group, Inc.(a)

     42,700        876,749  

Fudo Tetra Corp.

     12,500        168,119  

Hazama Ando Corp.

     64,300        502,852  

INFRONEER Holdings, Inc.

     82,673        857,616  

Integrated Design & Engineering Holdings Co. Ltd.

     7,100        170,096  

JDC Corp.

     24,800        110,351  

Kandenko Co. Ltd.

     52,738        486,649  

Kumagai Gumi Co. Ltd.

     16,600        392,126  

Kyudenko Corp.(a)

     18,990        596,329  

MIRAIT ONE Corp.

     33,700        444,102  

Nippon Road Co. Ltd.

     10,500        132,213  

Nishimatsu Construction Co. Ltd.(a)

     30,607        760,534  

Nittoc Construction Co. Ltd.

     27,300        199,776  

Okumura Corp.(a)

     17,570        528,660  

Oriental Shiraishi Corp.

     73,900        162,929  

Penta-Ocean Construction Co. Ltd.

     65,293        389,067  

PS Mitsubishi Construction Co. Ltd.

     27,900        156,117  

Raito Kogyo Co. Ltd.

     18,000        248,846  

Raiznext Corp.

     16,400        159,796  

Sanki Engineering Co. Ltd.

     37,600        408,945  

Shinnihon Corp.

     27,600        227,125  

Sumitomo Mitsui Construction Co. Ltd.

     49,660        136,775  

Taihei Dengyo Kaisha Ltd.

     7,200        196,375  

Taikisha Ltd.

     10,165        307,896  

Takamatsu Construction Group Co. Ltd.(a)

     6,200        110,767  

Tekken Corp.

     11,100        158,215  

Tess Holdings Co. Ltd.

     6,600        23,264  

Toa Corp.(a)

     6,000        150,980  

Tobishima Corp.

     18,000        166,943  

Toda Corp.

     92,749        503,197  

Tokyo Energy & Systems, Inc.

     12,800        84,833  

Tokyu Construction Co. Ltd.

     24,400        127,539  

Totetsu Kogyo Co. Ltd.

     11,379        224,034  

Toyo Construction Co. Ltd.

     24,100        196,708  

Wakachiku Construction Co. Ltd.

     5,500        110,940  

Yokogawa Bridge Holdings Corp.

     15,800        295,830  

Yondenko Corp.

     7,500        142,888  

Yurtec Corp.

     16,000        102,932  
     

 

 

 
Total Construction & Engineering

 

     11,876,034  
Construction Materials – 0.5%

 

Sumitomo Osaka Cement Co. Ltd.

     11,340      279,121  

Taiheiyo Cement Corp.

     37,900        673,044  

Yotai Refractories Co. Ltd.

     11,200        109,354  
     

 

 

 
Total Construction Materials

 

     1,061,519  
Consumer Finance – 0.0%

 

J Trust Co. Ltd.(a)

     17,800        57,137  
Consumer Staples Distribution & Retail – 1.9%

 

Aeon Hokkaido Corp.

     13,200        77,135  

Ain Holdings, Inc.

     3,300        97,524  

Arcs Co. Ltd.

     23,494        428,709  

Belc Co. Ltd.

     2,400        110,491  

Create SD Holdings Co. Ltd.

     10,100        229,445  

Fuji Co. Ltd.

     11,400        136,441  

G-7 Holdings, Inc.(a)

     10,800        89,744  

H2O Retailing Corp.

     24,200        294,179  

Heiwado Co. Ltd.

     7,563        132,178  

Kato Sangyo Co. Ltd.

     12,716        338,724  

Life Corp.

     13,000        317,105  

Mitsubishi Shokuhin Co. Ltd.

     17,000        444,295  

Qol Holdings Co. Ltd.(a)

     13,100        163,020  

San-A Co. Ltd.

     3,700        118,519  

United Super Markets Holdings, Inc.(a)

     23,300        166,914  

Valor Holdings Co. Ltd.

     17,791        260,740  

Yaoko Co. Ltd.(a)

     4,800        247,326  

Yokorei Co. Ltd.(a)

     12,400        100,629  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     3,753,118  
Containers & Packaging – 0.5%

 

FP Corp.

     10,100        162,609  

Fuji Seal International, Inc.

     10,410        124,313  

Pack Corp.

     5,600        118,398  

Rengo Co. Ltd.

     65,800        452,410  

Tomoku Co. Ltd.(a)

     10,700        175,961  
     

 

 

 
Total Containers & Packaging

 

     1,033,691  
Distributors – 0.5%

 

Arata Corp.

     4,300        160,791  

Doshisha Co. Ltd.(a)

     13,000        194,270  

Happinet Corp.

     10,100        169,208  

PALTAC Corp.

     11,000        345,719  

Yamae Group Holdings Co. Ltd.

     5,300        129,992  
     

 

 

 
Total Distributors

 

     999,980  
Diversified Consumer Services – 0.4%

 

Asante, Inc.

     6,700        70,850  

Aucnet, Inc.

     7,500        90,116  

Benesse Holdings, Inc.(a)

     22,100        270,946  

Riso Kyoiku Co. Ltd.(a)

     78,500        130,461  

Tokyo Individualized Educational Institute, Inc.

     43,800        143,823  
     

 

 

 
Total Diversified Consumer Services

 

     706,196  
Diversified Telecommunication Services – 0.0%

 

Usen-Next Holdings Co. Ltd.

     4,300        96,532  

 

See Notes to Financial Statements.

 

76   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  
Electrical Equipment – 1.5%

 

Daihen Corp.

     7,400      $ 250,923  

Fujikura Ltd.

     38,800        312,402  

Furukawa Electric Co. Ltd.(a)

     15,700        250,611  

GS Yuasa Corp.(a)

     14,100        251,622  

Idec Corp.

     11,136        221,489  

Mabuchi Motor Co. Ltd.

     16,600        497,249  

Nippon Carbon Co. Ltd.

     5,700        173,989  

Nitto Kogyo Corp.(a)

     14,100        338,740  

Sanyo Denki Co. Ltd.

     2,300        105,425  

Sinfonia Technology Co. Ltd.

     13,300        143,405  

SWCC Corp.

     6,900        98,443  

Takaoka Toko Co. Ltd.(a)

     7,300        102,780  

Toyo Tanso Co. Ltd.

     5,100        185,237  
     

 

 

 
Total Electrical Equipment

 

     2,932,315  
Electronic Equipment, Instruments & Components – 7.1%

 

Ai Holdings Corp.

     21,300        338,002  

Alps Alpine Co. Ltd.(a)

     54,100        470,395  

Amano Corp.

     21,835        480,231  

Anritsu Corp.(a)

     27,900        199,586  

Canon Electronics, Inc.

     11,500        145,730  

Citizen Watch Co. Ltd.(a)

     146,000        900,117  

Daishinku Corp.

     18,100        93,396  

Daitron Co. Ltd.

     8,200        165,951  

Daiwabo Holdings Co. Ltd.

     28,395        545,161  

Dexerials Corp.(a)

     16,500        408,008  

Elematec Corp.

     25,354        314,323  

ESPEC Corp.

     6,700        107,847  

Hakuto Co. Ltd.(a)

     16,234        551,559  

Hioki EE Corp.

     3,300        159,886  

Hochiki Corp.

     9,500        103,006  

Horiba Ltd.

     12,700        688,851  

I-PEX, Inc.(a)

     9,400        100,283  

Innotech Corp.

     15,500        166,400  

Iriso Electronics Co. Ltd.

     3,700        104,138  

Japan Aviation Electronics Industry Ltd.(a)

     24,100        480,789  

Kaga Electronics Co. Ltd.

     13,400        582,784  

Koa Corp.(a)

     10,600        127,790  

Kyosan Electric Manufacturing Co. Ltd.

     35,900        117,161  

Macnica Holdings, Inc.

     23,500        1,107,087  

Marubun Corp.(a)

     15,600        120,012  

Maruwa Co. Ltd.(a)

     800        125,877  

Maxell Ltd.

     14,700        164,805  

Meiko Electronics Co. Ltd.(a)

     4,800        109,204  

Nichicon Corp.

     21,900        206,929  

Nippon Ceramic Co. Ltd.

     9,800        174,952  

Nippon Electric Glass Co. Ltd.

     61,600        1,150,059  

Nippon Signal Co. Ltd.(a)

     15,700        98,898  

Nissha Co. Ltd.

     9,100        102,449  

Nohmi Bosai Ltd.

     12,991        154,003  

Oki Electric Industry Co. Ltd.(a)

     32,900        221,795  

Optex Group Co. Ltd.

     7,700        83,540  

Osaki Electric Co. Ltd.(a)

     32,600        148,336  

Restar Holdings Corp.

     12,700      208,426  

Riken Keiki Co. Ltd.(a)

     5,200        210,126  

RYODEN Corp.

     14,761        229,984  

Ryosan Co. Ltd.(a)

     11,600        345,921  

Sanshin Electronics Co. Ltd.(a)

     9,300        135,675  

Satori Electric Co. Ltd.(a)

     13,500        170,441  

Shibaura Electronics Co. Ltd.

     2,300        92,786  

Siix Corp.

     12,700        129,617  

Sumida Corp.

     7,500        76,746  

Suzuden Corp.

     7,900        116,574  

Tachibana Eletech Co. Ltd.

     10,900        204,523  

Tokyo Electron Device Ltd.(a)

     10,200        242,312  

Tomen Devices Corp.(a)

     3,700        120,007  

Topcon Corp.

     28,200        311,717  

Tsuzuki Denki Co. Ltd.

     11,900        184,610  

Yokowo Co. Ltd.

     5,100        53,794  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     14,152,599  
Energy Equipment & Services – 0.1%

 

Toyo Kanetsu KK

     5,800        131,372  
Entertainment – 0.7%

 

Amuse, Inc.

     8,100        85,275  

COLOPL, Inc.(a)

     35,700        141,149  

Daiichikosho Co. Ltd.

     27,100        440,846  

GungHo Online Entertainment, Inc.

     11,000        174,002  

Marvelous, Inc.

     24,700        118,017  

MIXI, Inc.(a)

     32,500        516,385  
     

 

 

 
Total Entertainment

 

     1,475,674  
Financial Services – 0.3%

 

eGuarantee, Inc.

     5,500        71,797  

Financial Partners Group Co. Ltd.(a)

     48,500        437,142  

Japan Investment Adviser Co. Ltd.

     11,300        128,202  
     

 

 

 
Total Financial Services

 

     637,141  
Food Products – 3.8%

 

Ariake Japan Co. Ltd.(a)

     5,328        181,165  

Chubu Shiryo Co. Ltd.

     13,600        99,704  

DyDo Group Holdings, Inc.(a)

     2,400        88,618  

Ezaki Glico Co. Ltd.

     12,500        343,860  

Fuji Oil Holdings, Inc.

     16,700        253,759  

Fujicco Co. Ltd.

     10,200        131,785  

Fujiya Co. Ltd.

     5,500        93,764  

Hokuto Corp.

     6,691        81,606  

House Foods Group, Inc.(a)

     15,800        330,347  

Itoham Yonekyu Holdings, Inc.

     17,700        480,382  

J-Oil Mills, Inc.(a)

     11,100        132,702  

Kagome Co. Ltd.

     10,600        230,504  

Kotobuki Spirits Co. Ltd.

     8,500        137,675  

Kyokuyo Co. Ltd.

     4,600        121,454  

Marudai Food Co. Ltd.(a)

     9,600        107,306  

Maruha Nichiro Corp.

     16,632        285,996  

Megmilk Snow Brand Co. Ltd.

     22,900        351,883  

Mitsui DM Sugar Holdings Co. Ltd.

     10,998        221,839  

Morinaga & Co. Ltd.

     16,887        611,316  

Morinaga Milk Industry Co. Ltd.

     8,200        309,207  

 

See Notes to Financial Statements.

 

WisdomTree Trust      77  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  

Nichirei Corp.(a)

     27,200      $ 598,774  

Nippn Corp.

     28,883        420,591  

Nisshin Oillio Group Ltd.

     9,800        274,840  

Nissui Corp.

     84,100        412,370  

Prima Meat Packers Ltd.

     16,100        264,656  

Riken Vitamin Co. Ltd.

     12,200        181,253  

S Foods, Inc.

     11,900        266,748  

Sakata Seed Corp.

     5,900        171,791  

Showa Sangyo Co. Ltd.(a)

     9,300        190,394  

Starzen Co. Ltd.

     4,600        79,808  

Warabeya Nichiyo Holdings Co. Ltd.

     6,800        128,777  

Yukiguni Maitake Co. Ltd.

     16,000        96,391  
     

 

 

 
Total Food Products

 

     7,681,265  
Gas Utilities – 0.7%

 

Hokkaido Gas Co. Ltd.

     8,200        130,398  

Nippon Gas Co. Ltd.

     42,100        625,187  

Saibu Gas Holdings Co. Ltd.

     15,100        195,296  

Shizuoka Gas Co. Ltd.

     11,792        80,523  

Toho Gas Co. Ltd.(a)

     19,100        333,746  
     

 

 

 
Total Gas Utilities

 

     1,365,150  
Ground Transportation – 1.0%

 

Alps Logistics Co. Ltd.(a)

     10,800        116,884  

Fukuyama Transporting Co. Ltd.

     8,011        210,978  

Ichinen Holdings Co. Ltd.

     12,600        121,335  

Maruzen Showa Unyu Co. Ltd.

     5,400        136,968  

Nikkon Holdings Co. Ltd.(a)

     18,360        388,916  

Nishi-Nippon Railroad Co. Ltd.(a)

     11,300        187,910  

Sakai Moving Service Co. Ltd.

     9,800        163,788  

Seino Holdings Co. Ltd.(a)

     39,700        557,489  

Sotetsu Holdings, Inc.

     10,500        206,939  
     

 

 

 
Total Ground Transportation

 

     2,091,207  
Health Care Equipment & Supplies – 1.6%

 

Eiken Chemical Co. Ltd.

     17,170        157,173  

Hogy Medical Co. Ltd.

     9,200        196,978  

Japan Lifeline Co. Ltd.

     26,600        207,488  

Jeol Ltd.

     5,700        170,284  

Mani, Inc.

     13,300        161,677  

Menicon Co. Ltd.

     5,600        72,202  

Mizuho Medy Co. Ltd.(a)

     7,400        146,735  

Nagaileben Co. Ltd.

     11,626        165,947  

Nakanishi, Inc.

     17,700        414,552  

Nihon Kohden Corp.

     13,100        324,109  

Nipro Corp.(a)

     32,700        264,931  

Paramount Bed Holdings Co. Ltd.

     16,342        257,902  

PHC Holdings Corp.

     57,600        589,027  
     

 

 

 
Total Health Care Equipment & Supplies

 

     3,129,005  
Health Care Providers & Services – 0.9%

 

As One Corp.(a)

     5,900        215,875  

BML, Inc.

     12,400        232,336  

France Bed Holdings Co. Ltd.

     14,800        120,304  

H.U. Group Holdings, Inc.(a)

     32,900        560,000  

Ship Healthcare Holdings, Inc.

     12,514        190,236  

Solasto Corp.

     17,600      73,125  

Toho Holdings Co. Ltd.

     10,600        227,734  

Tokai Corp.

     9,400        119,685  

Vital KSK Holdings, Inc.

     22,300        149,738  
     

 

 

 
Total Health Care Providers & Services

 

     1,889,033  
Health Care Technology – 0.0%

 

EM Systems Co. Ltd.

     11,500        56,720  
Hotels, Restaurants & Leisure – 1.6%

 

Create Restaurants Holdings, Inc.

     21,400        163,772  

Doutor Nichires Holdings Co. Ltd.

     11,800        184,245  

Food & Life Cos. Ltd.

     10,000        168,470  

Heiwa Corp.(a)

     28,600        411,104  

Hiday Hidaka Corp.

     6,398        116,277  

Ichibanya Co. Ltd.

     7,636        278,882  

KFC Holdings Japan Ltd.

     6,100        122,388  

KOMEDA Holdings Co. Ltd.

     14,700        285,676  

Kura Sushi, Inc.(a)

     2,100        47,777  

Kyoritsu Maintenance Co. Ltd.(a)

     2,000        83,391  

MOS Food Services, Inc.(a)

     4,400        97,008  

Ohsho Food Service Corp.(a)

     5,800        268,574  

Resorttrust, Inc.

     23,308        348,859  

Round One Corp.

     46,800        175,627  

Saizeriya Co. Ltd.(a)

     3,900        126,755  

St. Marc Holdings Co. Ltd.

     11,500        145,884  

Tokyotokeiba Co. Ltd.(a)

     6,642        178,930  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     3,203,619  
Household Durables – 1.9%

 

Casio Computer Co. Ltd.(a)

     77,800        653,525  

Cleanup Corp.

     30,800        148,195  

ES-Con Japan Ltd.

     41,000        256,344  

Fuji Corp. Ltd.

     23,200        114,115  

Hoosiers Holdings Co. Ltd.

     21,600        157,486  

JVCKenwood Corp.(a)

     46,300        211,914  

Ki-Star Real Estate Co. Ltd.(a)

     9,000        278,640  

Pressance Corp.(a)

     14,088        172,955  

Sangetsu Corp.

     36,000        702,751  

Tama Home Co. Ltd.

     13,900        331,606  

Tamron Co. Ltd.(a)

     9,966        305,208  

Token Corp.

     4,000        213,905  

Zojirushi Corp.(a)

     15,200        181,616  
     

 

 

 
Total Household Durables

 

     3,728,260  
Household Products – 0.3%

 

Earth Corp.(a)

     5,700        187,931  

Pigeon Corp.

     41,000        463,920  
     

 

 

 
Total Household Products

 

     651,851  
Independent Power & Renewable Electricity Producers – 0.1%

 

eRex Co. Ltd.(a)

     4,900        25,186  

West Holdings Corp.

     5,547        119,508  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     144,694  
Industrial Conglomerates – 0.5%

 

Mie Kotsu Group Holdings, Inc.(a)

     24,900        95,111  

Nisshinbo Holdings, Inc.

     59,300        441,894  

 

See Notes to Financial Statements.

 

78   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  

Noritsu Koki Co. Ltd.

     5,100      $ 113,637  

TOKAI Holdings Corp.(a)

     57,200        354,949  
     

 

 

 
Total Industrial Conglomerates

 

     1,005,591  
Interactive Media & Services – 0.1%

 

Infocom Corp.

     11,700        215,771  
IT Services – 1.9%

 

Comture Corp.

     5,400        83,845  

Digital Garage, Inc.

     4,900        112,957  

DTS Corp.

     16,082        343,787  

Future Corp.

     23,500        237,165  

I-Net Corp.

     14,700        168,844  

Ines Corp.

     6,000        66,102  

Information Services International-Dentsu Ltd.

     14,700        563,471  

JBCC Holdings, Inc.

     9,500        181,310  

Mitsubishi Research Institute, Inc.

     3,900        126,494  

NEC Networks & System Integration Corp.

     36,937        486,140  

NET One Systems Co. Ltd.

     17,700        336,623  

NSD Co. Ltd.

     28,700        545,440  

SB Technology Corp.

     4,800        72,599  

Simplex Holdings, Inc.

     6,300        114,327  

TDC Soft, Inc.

     10,700        121,323  

Uchida Yoko Co. Ltd.

     3,600        163,565  
     

 

 

 
Total IT Services

 

     3,723,992  
Leisure Products – 1.0%

 

Furyu Corp.

     9,400        97,323  

GLOBERIDE, Inc.(a)

     6,100        82,573  

Mizuno Corp.(a)

     9,223        292,960  

Roland Corp.

     8,300        228,045  

Sankyo Co. Ltd.

     19,900        914,020  

Tomy Co. Ltd.

     26,600        385,386  

Yonex Co. Ltd.(a)

     7,500        80,315  
     

 

 

 
Total Leisure Products

 

     2,080,622  
Life Sciences Tools & Services – 0.1%

 

Shin Nippon Biomedical Laboratories Ltd.(a)

     9,000        112,903  
Machinery – 5.9%

 

Aichi Corp.(a)

     24,200        162,333  

Aida Engineering Ltd.

     18,000        120,985  

Anest Iwata Corp.

     18,900        151,479  

Asahi Diamond Industrial Co. Ltd.(a)

     21,800        129,434  

Bando Chemical Industries Ltd.

     24,300        267,223  

CKD Corp.

     23,741        327,895  

DMG Mori Co. Ltd.

     40,500        690,176  

Fujitec Co. Ltd.(a)

     16,761        387,505  

Fukushima Galilei Co. Ltd.(a)

     2,600        84,590  

Furukawa Co. Ltd.

     7,900        88,940  

Giken Ltd.

     5,900        79,471  

Glory Ltd.

     15,200        303,745  

Hitachi Zosen Corp.

     25,200        141,684  

Hokuetsu Industries Co. Ltd.(a)

     13,100        182,597  

Hosokawa Micron Corp.

     4,900        134,629  

Japan Steel Works Ltd.

     11,704        217,805  

Juki Corp.

     12,200        50,525  

Kitz Corp.

     39,289        272,502  

Kyokuto Kaihatsu Kogyo Co. Ltd.(a)

     14,080      166,063  

Makino Milling Machine Co. Ltd.(a)

     5,300        231,925  

Max Co. Ltd.

     16,600        305,135  

Meidensha Corp.

     10,500        158,107  

METAWATER Co. Ltd.

     12,200        152,474  

Mitsuboshi Belting Ltd.(a)

     26,746        822,678  

Morita Holdings Corp.

     11,405        121,750  

Nachi-Fujikoshi Corp.(a)

     9,000        242,453  

Nikkiso Co. Ltd.

     12,900        87,657  

Nikko Co. Ltd.

     34,300        151,244  

Nippon Thompson Co. Ltd.(a)

     26,300        97,639  

Nissei ASB Machine Co. Ltd.

     3,600        109,767  

Nitta Corp.(a)

     12,900        287,003  

Nitto Kohki Co. Ltd.

     9,600        126,349  

Noritake Co. Ltd.

     6,700        279,270  

NTN Corp.(a)

     40,600        77,459  

Obara Group, Inc.(a)

     5,279        136,552  

Oiles Corp.(a)

     13,000        174,930  

OKUMA Corp.(a)

     6,670        293,887  

Organo Corp.(a)

     10,300        289,898  

OSG Corp.

     27,600        325,892  

Ryobi Ltd.(a)

     9,000        183,347  

Shibaura Machine Co. Ltd.

     6,061        167,340  

Shibuya Corp.

     6,900        116,106  

Shinmaywa Industries Ltd.

     20,485        175,027  

Shinwa Co. Ltd.

     7,800        124,037  

Sodick Co. Ltd.

     25,500        125,086  

Star Micronics Co. Ltd.

     17,534        220,666  

Takeuchi Manufacturing Co. Ltd.

     12,800        420,305  

Takuma Co. Ltd.

     19,200        199,173  

Teikoku Electric Manufacturing Co. Ltd.

     7,400        125,362  

Tocalo Co. Ltd.

     32,100        292,982  

Torishima Pump Manufacturing Co. Ltd.

     15,100        192,462  

Tsubakimoto Chain Co.

     18,245        473,777  

Tsugami Corp.

     17,200        133,704  

Union Tool Co.(a)

     5,900        153,406  

YAMABIKO Corp.

     22,000        212,297  
     

 

 

 
Total Machinery

 

     11,746,727  
Marine Transportation – 0.5%

 

Iino Kaiun Kaisha Ltd.(a)

     73,800        518,789  

NS United Kaiun Kaisha Ltd.(a)

     16,300        430,370  
     

 

 

 
Total Marine Transportation

 

     949,159  
Media – 0.8%

 

Carta Holdings, Inc.

     9,900        84,653  

Digital Holdings, Inc.

     18,200        121,476  

FAN Communications, Inc.

     30,300        80,814  

Gakken Holdings Co. Ltd.

     11,000        64,205  

Intage Holdings, Inc.(a)

     14,700        220,266  

Macromill, Inc.

     10,300        50,594  

Proto Corp.

     13,500        109,646  

SKY Perfect JSAT Holdings, Inc.

     133,200        623,936  

ValueCommerce Co. Ltd.(a)

     8,000        68,300  

Wowow, Inc.

     9,900        75,365  

 

See Notes to Financial Statements.

 

WisdomTree Trust      79  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  

Zenrin Co. Ltd.(a)

     18,780      $ 114,901  
     

 

 

 
Total Media

 

     1,614,156  
Metals & Mining – 5.4%

 

ARE Holdings, Inc.(a)

     32,600        414,423  

Daido Steel Co. Ltd.(a)

     19,000        774,260  

Daiki Aluminium Industry Co. Ltd.(a)

     19,500        170,662  

Dowa Holdings Co. Ltd.

     16,800        523,618  

Hakudo Co. Ltd.(a)

     7,000        106,484  

Kobe Steel Ltd.(a)

     263,000        3,434,994  

Kyoei Steel Ltd.

     12,114        161,547  

Maruichi Steel Tube Ltd.

     34,000        847,579  

Mitsubishi Materials Corp.

     34,000        551,154  

Mitsui Mining & Smelting Co. Ltd.(a)

     27,600        701,907  

Nakayama Steel Works Ltd.(a)

     25,300        153,436  

Neturen Co. Ltd.(a)

     27,300        183,128  

Nippon Denko Co. Ltd.(a)

     92,200        187,829  

Nippon Light Metal Holdings Co. Ltd.

     30,100        339,476  

Nippon Yakin Kogyo Co. Ltd.(a)

     7,200        224,118  

Nittetsu Mining Co. Ltd.(a)

     7,300        245,086  

Sanyo Special Steel Co. Ltd.

     23,600        465,911  

Toho Titanium Co. Ltd.(a)

     9,400        112,945  

Toho Zinc Co. Ltd.

     4,600        50,431  

Tokyo Steel Manufacturing Co. Ltd.(a)

     48,600        548,775  

Topy Industries Ltd.(a)

     10,400        177,370  

UACJ Corp.

     18,000        378,757  
     

 

 

 
Total Metals & Mining

 

     10,753,890  
Oil, Gas & Consumable Fuels – 1.3%

 

Cosmo Energy Holdings Co. Ltd.

     51,900        1,829,412  

Fuji Oil Co. Ltd.

     37,600        86,425  

Itochu Enex Co. Ltd.

     41,681        420,371  

Sala Corp.

     26,300        134,122  

San-Ai Obbli Co. Ltd.

     22,216        236,266  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     2,706,596  
Paper & Forest Products – 0.5%

 

Daiken Corp.

     15,200        305,070  

Daio Paper Corp.(a)

     30,300        248,532  

Hokuetsu Corp.(a)

     34,132        248,170  

Tokushu Tokai Paper Co. Ltd.

     5,800        132,927  
     

 

 

 
Total Paper & Forest Products

 

     934,699  
Personal Care Products – 0.4%

 

Mandom Corp.

     11,400        105,425  

Milbon Co. Ltd.

     4,200        117,113  

Noevir Holdings Co. Ltd.

     17,800        631,007  
     

 

 

 
Total Personal Care Products

 

     853,545  
Pharmaceuticals – 1.6%

 

Fuji Pharma Co. Ltd.

     15,600        121,894  

Hisamitsu Pharmaceutical Co., Inc.

     17,900        653,384  

JCR Pharmaceuticals Co. Ltd.(a)

     12,500        125,272  

Kaken Pharmaceutical Co. Ltd.

     16,100        377,618  

Kyorin Pharmaceutical Co. Ltd.

     21,385        262,395  

Mochida Pharmaceutical Co. Ltd.

     14,722        329,019  

Sawai Group Holdings Co. Ltd.

     12,224        375,014  

Seikagaku Corp.

     15,000      81,220  

Torii Pharmaceutical Co. Ltd.

     4,400        114,110  

Towa Pharmaceutical Co. Ltd.

     13,000        247,499  

Tsumura & Co.

     21,600        402,399  

ZERIA Pharmaceutical Co. Ltd.

     13,300        197,773  
     

 

 

 
Total Pharmaceuticals

 

     3,287,597  
Professional Services – 2.3%

 

Altech Corp.

     9,860        167,499  

Bell System24 Holdings, Inc.

     41,000        434,110  

Dip Corp.

     7,400        182,489  

en Japan, Inc.

     10,900        170,047  

Forum Engineering, Inc.

     18,300        161,263  

FULLCAST Holdings Co. Ltd.

     9,700        122,335  

Funai Soken Holdings, Inc.

     12,910        225,801  

IR Japan Holdings Ltd.

     7,500        87,603  

JAC Recruitment Co. Ltd.

     15,500        264,037  

LIKE, Inc.

     6,500        66,688  

Link & Motivation, Inc.

     9,100        26,466  

Meitec Corp.

     31,200        565,353  

Nomura Co. Ltd.

     22,500        143,843  

Open Up Group, Inc.

     18,500        227,492  

Quick Co. Ltd.

     6,600        93,013  

Tanseisha Co. Ltd.

     17,200        107,770  

TechnoPro Holdings, Inc.

     17,400        379,308  

TKC Corp.

     10,300        251,245  

Transcosmos, Inc.(a)

     29,000        620,908  

Weathernews, Inc.

     1,700        71,999  

Will Group, Inc.

     9,600        69,736  

World Holdings Co. Ltd.(a)

     4,500        73,218  

YAMADA Consulting Group Co. Ltd.

     10,900        118,039  
     

 

 

 
Total Professional Services

 

     4,630,262  
Real Estate Management & Development – 1.8%

 

Arealink Co. Ltd.

     6,800        134,154  

Dear Life Co. Ltd.(a)

     35,900        192,461  

Goldcrest Co. Ltd.(a)

     17,800        264,450  

Good Com Asset Co. Ltd.

     16,400        114,957  

Grandy House Corp.

     33,200        142,167  

Heiwa Real Estate Co. Ltd.

     13,168        351,205  

Ichigo, Inc.

     99,900        218,244  

JINUSHI Co. Ltd.

     8,000        102,825  

Katitas Co. Ltd.(a)

     9,800        143,035  

Keihanshin Building Co. Ltd.

     16,200        149,054  

Loadstar Capital KK

     6,800        84,576  

Mirarth Holdings, Inc.

     72,900        231,560  

Nisshin Group Holdings Co. Ltd.

     45,500        164,651  

SAMTY Co. Ltd.

     17,300        274,991  

Star Mica Holdings Co. Ltd.

     15,100        63,648  

Starts Corp., Inc.(a)

     22,800        446,298  

Sun Frontier Fudousan Co. Ltd.

     28,100        283,589  

Tosei Corp.

     16,700        216,101  
     

 

 

 
Total Real Estate Management & Development

 

     3,577,966  

 

See Notes to Financial Statements.

 

80   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  
Semiconductors & Semiconductor Equipment – 1.8%

 

Ferrotec Holdings Corp.

     9,000      $ 172,491  

Furuya Metal Co. Ltd.

     2,100        145,371  

Japan Material Co. Ltd.(a)

     9,200        141,429  

Micronics Japan Co. Ltd.(a)

     17,200        244,241  

Mimasu Semiconductor Industry Co. Ltd.

     6,827        127,230  

Mitsui High-Tec, Inc.(a)

     3,700        192,407  

Optorun Co. Ltd.

     8,200        101,054  

Rorze Corp.

     1,500        103,837  

Shibaura Mechatronics Corp.(a)

     4,800        226,772  

Shindengen Electric Manufacturing Co. Ltd.

     3,700        75,748  

Tokyo Seimitsu Co. Ltd.

     27,600        1,385,318  

Towa Corp.

     5,800        161,494  

Ulvac, Inc.

     9,900        357,919  

Yamaichi Electronics Co. Ltd.

     18,200        210,021  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     3,645,332  
Software – 0.8%

 

Computer Engineering & Consulting Ltd.

     13,000        139,125  

Cresco Ltd.

     9,000        106,752  

Cybernet Systems Co. Ltd.

     9,000        46,862  

Digital Arts, Inc.(a)

     1,600        49,590  

Fuji Soft, Inc.

     12,000        389,211  

Fukui Computer Holdings, Inc.

     3,900        69,650  

Justsystems Corp.

     3,600        72,350  

Miroku Jyoho Service Co. Ltd.

     12,000        132,444  

SRA Holdings

     7,600        177,490  

Systena Corp.(a)

     73,600        132,675  

UNITED, Inc.

     20,600        131,696  

WingArc1st, Inc.

     9,400        160,693  
     

 

 

 
Total Software

 

     1,608,538  
Specialty Retail – 3.6%

 

Adastria Co. Ltd.

     12,500        241,330  

Alpen Co. Ltd.

     9,700        125,715  

AOKI Holdings, Inc.

     14,900        100,948  

Aoyama Trading Co. Ltd.

     9,900        110,859  

ARCLANDS Corp.

     22,536        241,028  

Asahi Co. Ltd.

     12,600        106,896  

Autobacs Seven Co. Ltd.

     44,500        471,764  

Bic Camera, Inc.(a)

     20,400        150,787  

Chiyoda Co. Ltd.

     16,391        100,724  

DCM Holdings Co. Ltd.(a)

     41,745        339,611  

EDION Corp.(a)

     52,739        522,354  

Honeys Holdings Co. Ltd.(a)

     14,800        155,414  

IDOM, Inc.

     24,000        117,246  

Joshin Denki Co. Ltd.

     8,200        129,244  

Joyful Honda Co. Ltd.(a)

     22,600        266,248  

K’s Holdings Corp.(a)

     111,500        1,025,150  

Keiyo Co. Ltd.(a)

     13,300        73,173  

Kohnan Shoji Co. Ltd.

     7,900        206,467  

Kojima Co. Ltd.(a)

     18,100        77,385  

Komeri Co. Ltd.(a)

     12,737        268,866  

Nafco Co. Ltd.

     5,800        74,703  

Nextage Co. Ltd.(a)

     5,900        90,225  

Nishimatsuya Chain Co. Ltd.(a)

     11,100      121,098  

Nojima Corp.

     19,000        166,413  

PAL GROUP Holdings Co. Ltd.

     31,200        405,198  

Sanrio Co. Ltd.

     5,600        266,443  

Scroll Corp.

     44,100        293,458  

T-Gaia Corp.

     20,500        242,469  

VT Holdings Co. Ltd.

     74,300        254,430  

World Co. Ltd.

     10,000        109,901  

Xebio Holdings Co. Ltd.

     21,300        142,737  

Yellow Hat Ltd.

     21,700        275,858  
     

 

 

 
Total Specialty Retail

 

     7,274,142  
Technology Hardware, Storage & Peripherals – 0.7%

 

Eizo Corp.

     6,700        227,636  

Elecom Co. Ltd.

     23,300        272,152  

MCJ Co. Ltd.

     30,900        232,333  

Riso Kagaku Corp.

     9,300        145,584  

Roland DG Corp.

     7,100        161,769  

Toshiba TEC Corp.

     5,000        114,425  

Wacom Co. Ltd.

     45,711        181,649  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     1,335,548  
Textiles, Apparel & Luxury Goods – 1.1%

 

Baroque Japan Ltd.

     24,600        135,014  

Descente Ltd.(a)

     5,000        143,575  

Fujibo Holdings, Inc.

     5,500        132,501  

Gunze Ltd.

     6,583        198,957  

Japan Wool Textile Co. Ltd.

     22,725        204,978  

Kurabo Industries Ltd.

     11,876        194,186  

Morito Co. Ltd.

     17,200        156,065  

Onward Holdings Co. Ltd.(a)

     85,233        298,151  

Seiko Group Corp.(a)

     11,000        192,836  

Wacoal Holdings Corp.

     16,900        382,791  

Yondoshi Holdings, Inc.

     12,000        151,664  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     2,190,718  
Trading Companies & Distributors – 2.7%

 

Advan Group Co. Ltd.

     15,400        108,876  

Alconix Corp.(a)

     10,900        98,902  

Chori Co. Ltd.

     12,000        240,925  

Daiichi Jitsugyo Co. Ltd.

     9,300        116,044  

Hanwa Co. Ltd.

     9,422        299,597  

Inaba Denki Sangyo Co. Ltd.

     23,988        520,028  

Inabata & Co. Ltd.

     23,941        502,163  

JK Holdings Co. Ltd.

     12,100        78,491  

Kamei Corp.

     13,000        127,191  

Kanamoto Co. Ltd.

     11,028        194,066  

Kanematsu Corp.

     29,300        406,047  

KPP Group Holdings Co. Ltd.

     19,200        88,264  

MARUKA FURUSATO Corp.

     5,500        98,961  

Mitsui Matsushima Holdings Co. Ltd.(a)

     7,100        131,081  

Nagase & Co. Ltd.

     24,804        390,697  

Nichiden Corp.

     9,800        163,591  

Nishio Holdings Co. Ltd.

     11,000        260,211  

Onoken Co. Ltd.(a)

     13,500        155,694  

 

See Notes to Financial Statements.

 

WisdomTree Trust      81  


Schedule of Investments (unaudited) (concluded)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  

Shinsho Corp.

     7,100      $ 275,483  

Totech Corp.

     7,700        268,836  

Trusco Nakayama Corp.

     8,400        137,913  

Wakita & Co. Ltd.(a)

     16,100        151,371  

Yamazen Corp.

     33,706        265,627  

Yuasa Trading Co. Ltd.

     9,900        274,327  
     

 

 

 
Total Trading Companies & Distributors

 

     5,354,386  
Transportation Infrastructure – 0.4%

 

Mitsubishi Logistics Corp.

     22,600        601,556  

Nissin Corp.(a)

     9,000        161,334  
     

 

 

 
Total Transportation Infrastructure

 

     762,890  
Wireless Telecommunication Services – 0.2%

 

Okinawa Cellular Telephone Co.

     20,900        450,982  

TOTAL COMMON STOCKS

(Cost: $208,642,235)

 

 

     197,235,235  
EXCHANGE-TRADED FUND – 0.4%

 

United States – 0.4%

 

WisdomTree Japan Hedged Equity Fund(b)
(Cost: $665,966)
     8,386        740,065  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 10.9%

 

United States – 10.9%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $21,790,518)      21,790,518      21,790,518  

TOTAL INVESTMENTS IN SECURITIES – 109.7%

(Cost: $231,098,719)

 

 

     219,765,818  

Other Assets less Liabilities – (9.7)%

 

     (19,368,203
     

 

 

 
NET ASSETS – 100.0%

 

   $ 200,397,615  

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $44,376,373 and the total market value of the collateral held by the Fund was $46,903,311. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $25,112,793.

 

(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, 2023.

 

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, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree Japan Hedged Equity Fund

  $ 237,973     $ 1,326,102     $ 911,014     $ 24,348     $ 62,656     $ 740,065     $ 11,693  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

 

Automobile Components

   $ 10,450,918      $ 254,274      $      $ 10,705,192  

Other

     186,530,043                      186,530,043  

Exchange-Traded Fund

     740,065                      740,065  

Investment of Cash Collateral for Securities Loaned

            21,790,518               21,790,518  

Total Investments in Securities

   $ 197,721,026      $ 22,044,792      $      $ 219,765,818  

 

See Notes to Financial Statements.

 

82   WisdomTree Trust


Statements of Assets and Liabilities (unaudited)

WisdomTree Trust

September 30, 2023

 

 

 

      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

   $ 67,487,323      $ 221,744,596      $ 78,729,660      $ 519,423,958      $ 384,794,730  

Investment in affiliates, at cost (Note 3)

            588,027                      335,301  

Foreign currency, at cost

     15,145        226,964        135,152        371,814        551,623  

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

     70,766,509        198,573,211        74,601,341        582,572,905        390,220,073  

Investment in affiliates, at value (Note 3)

            583,960                      345,800  

Cash

     7,024        63,313        156,930        8,679        56,436  

Foreign currency, at value

     15,117        228,163        135,250        372,852        552,463  

Unrealized appreciation on foreign currency contracts

                                 224  

Receivables:

 

Investment securities sold3

     31,616        770,705               74,761        21,894,445  

Dividends

     119,390        472,364        368,371        1,891,521        1,302,763  

Securities lending income

     228        34,931        804        45,917        43,239  

Foreign tax reclaims

     354,935        1,224,236        343,210        2,272,089        1,058,353  

Other (Note 6)

     4,816        450,836        14,228        51,615        14,276  

Total Assets

     71,299,635        202,401,719        75,620,134        587,290,339        415,488,072  

LIABILITIES:

 

Unrealized depreciation on foreign currency contracts

     142        19                      31  

Payables:

 

Cash collateral received for securities loaned (Note 2)

     1,109,418        11,862,323        3,807,872        29,986,152        29,197,912  

Investment securities purchased

                                 324,612  

Capital shares redeemed

                                 21,790,783  

Due to broker

            11                       

Advisory fees (Note 3)

     34,221        93,156        34,916        226,188        188,633  

Service fees (Note 2)

     260        710        266        2,073        1,434  

Other (Note 6)

     1,445        613,563        4,268        15,485        4,283  

Total Liabilities

     1,145,486        12,569,782        3,847,322        30,229,898        51,507,688  

NET ASSETS

   $ 70,154,149      $ 189,831,937      $ 71,772,812      $ 557,060,441      $ 363,980,384  

NET ASSETS:

 

Paid-in capital

   $ 81,556,948      $ 512,468,750      $ 145,772,505      $ 688,566,783      $ 443,431,588  

Total distributable earnings (loss)

     (11,402,799      (322,636,813      (73,999,693      (131,506,342      (79,451,204

NET ASSETS

   $ 70,154,149      $ 189,831,937      $ 71,772,812      $ 557,060,441      $ 363,980,384  

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

     2,450,000        3,600,000        1,900,000        11,450,000        10,000,000  

Net asset value per share

   $ 28.63      $ 52.73      $ 37.78      $ 48.65      $ 36.40  

1 Includes market value of securities out on loan of:

   $ 1,934,053      $ 16,511,178      $ 4,216,138      $ 41,617,322      $ 39,072,896  

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:

                               $ 1,362  

 

See Notes to Financial Statements.

 

WisdomTree Trust      83  


Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Trust

September 30, 2023

 

 

 

      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

   $ 447,846,319      $ 142,073,795      $ 39,199,140      $ 847,826,731      $ 1,159,059,783  

Investment in affiliates, at cost (Note 3)

     853,330                             360,165  

Foreign currency, at cost

     223,466        79,857        6,196        14,676        520,762  

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

     520,058,925        142,670,067        40,280,752        860,352,114        1,120,816,991  

Investment in affiliates, at value (Note 3)

     834,951                             425,134  

Cash

     2,422,328        6,626        20,025        164,947        754,936  

Foreign currency, at value

     223,745        80,142        6,195        14,600        520,293  

Unrealized appreciation on foreign currency contracts

     9               582,976               427  

Receivables:

              

Investment securities sold

            26,635                      1,123,037  

Capital shares sold

     36,102                              

Dividends

     1,425,025        531,355        112,573        1,739,373        6,962,604  

Securities lending income

     36,729        3,815        494        4,088        80,430  

Interest

            47                      890  

Foreign tax reclaims

     2,088,085        304,086        99,853        1,497,192        3,096,756  

Other (Note 6)

     21,345        24,298        5,956        24,106        597,168  

Total Assets

     527,147,244        143,647,071        41,108,824        863,796,420        1,134,378,666  

LIABILITIES:

 

Unrealized depreciation on foreign currency contracts

     31               52,418                

Payables:

              

Cash collateral received for securities loaned (Note 2)

     23,699,794        11,573,128        1,283,356        18,481,616        64,166,542  

Investment securities purchased

     2,267,535               350,630                

Advisory fees (Note 3)

     198,898        64,289        12,477        295,635        523,397  

Service fees (Note 2)

     1,825        488        144        3,097        3,982  

Other (Note 6)

     6,403        7,286        1,787        7,232        179,151  

Total Liabilities

     26,174,486        11,645,191        1,700,812        18,787,580        64,873,072  

NET ASSETS

   $ 500,972,758      $ 132,001,880      $ 39,408,012      $ 845,008,840      $ 1,069,505,594  

NET ASSETS:

 

Paid-in capital

   $ 552,526,429      $ 176,126,433      $ 41,460,549      $ 900,985,455      $ 1,499,078,390  

Total distributable earnings (loss)

     (51,553,671      (44,124,553      (2,052,537      (55,976,615      (429,572,796

NET ASSETS

   $ 500,972,758      $ 132,001,880      $ 39,408,012      $ 845,008,840      $ 1,069,505,594  

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

     10,950,000        2,350,000        1,600,000        26,350,000        18,500,000  

Net asset value per share

   $ 45.75      $ 56.17      $ 24.63      $ 32.07      $ 57.81  

1 Includes market value of securities out on loan of:

   $ 28,525,422      $ 20,268,095      $ 3,381,058      $ 35,770,452      $ 125,096,831  

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

  

 

See Notes to Financial Statements.

 

84   WisdomTree Trust


Statements of Assets and Liabilities (unaudited) (concluded)

WisdomTree Trust

September 30, 2023

 

 

 

      WisdomTree
Japan SmallCap
Dividend Fund
 

ASSETS:

 

Investments, at cost

   $ 230,432,753  

Investment in affiliates, at cost (Note 3)

     665,966  

Foreign currency, at cost

     20,129  

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

     219,025,753  

Investment in affiliates, at value (Note 3)

     740,065  

Cash

     128,688  

Foreign currency, at value

     20,153  

Receivables:

 

Dividends

     2,133,604  

Securities lending income

     10,224  

Foreign tax reclaims

     225,279  

Total Assets

     222,283,766  

LIABILITIES:

 

Payables:

  

Cash collateral received for securities loaned (Note 2)

     21,790,518  

Advisory fees (Note 3)

     94,912  

Service fees (Note 2)

     721  

Total Liabilities

     21,886,151  

NET ASSETS

   $ 200,397,615  

NET ASSETS:

 

Paid-in capital

   $ 330,633,643  

Total distributable earnings (loss)

     (130,236,028

NET ASSETS

   $ 200,397,615  

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

     2,900,000  

Net asset value per share

   $ 69.10  

1 Includes market value of securities out on loan of:

   $ 44,376,373  

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      85  


Statements of Operations (unaudited)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

     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

  $ 1,391,810     $ 8,214,847     $ 2,446,586     $ 17,195,068     $ 16,813,610  

Dividends from affiliates (Note 3)

          54,037                   119,617  

Interest

    400       38,592       1,355       2,921       2,239  

Non-cash dividends

    2,981       190,583             79,878       43,537  

Securities lending income, net (Note 2)

    8,295       311,989       21,622       479,837       629,576  

Less: Foreign withholding taxes on dividends

    (153,314     (900,682     (207,635     (1,661,521     (1,532,323

Total investment income

    1,250,172       7,909,366       2,261,928       16,096,183       16,076,256  

EXPENSES:

 

Advisory fees (Note 3)

    206,603       645,809       217,759       1,390,378       1,218,035  

Service fees (Note 2)

    1,567       4,899       1,652       12,745       9,240  

Total expenses

    208,170       650,708       219,411       1,403,123       1,227,275  

Expense waivers (Note 3)

          (2,295                 (2,349

Net expenses

    208,170       648,413       219,411       1,403,123       1,224,926  

Net investment income

    1,042,002       7,260,953       2,042,517       14,693,060       14,851,330  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

    (235,561     (2,228,040     (244,892     (540,345     (2,051,975

Investment transactions in affiliates (Note 3)

          (147,990                 (37,207

In-kind redemptions

          5,485,819       323,754       5,804,430       11,080,019  

Foreign currency contracts

    2,272       14,179       25,735       (27,156     14,021  

Foreign currency related transactions

    (461     (23,177     (42,531     (119,213     (88,805

Net realized gain (loss)

    (233,750     3,100,791       62,066       5,117,716       8,916,053  

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions

    (3,421,183     (23,400,858     (1,675,443     (17,434,238     (21,168,826

Investment transactions in affiliates (Note 3)

          (6,413                 (149,707

Foreign currency contracts

    (142     554       (113           359  

Translation of assets and liabilities denominated in foreign currencies

    (6,713     (13,046     (12,247     (47,399     (41,054

Net decrease in unrealized appreciation/depreciation

    (3,428,038     (23,419,763     (1,687,803     (17,481,637     (21,359,228

Net realized and unrealized loss on investments

    (3,661,788     (20,318,972     (1,625,737     (12,363,921     (12,443,175

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

  $ (2,619,786   $ (13,058,019   $ 416,780     $ 2,329,139     $ 2,408,155  

 

See Notes to Financial Statements.

 

86   WisdomTree Trust


Statements of Operations (unaudited) (continued)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

     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

  $ 14,940,948     $ 3,984,729     $ 1,087,437     $ 11,341,784     $ 35,660,608  

Dividends from affiliates (Note 3)

    25,364                         184,889  

Interest

    3,172       608       220       4,869       40,356  

Non-cash dividends

    56,740       20,028                   314,810  

Securities lending income, net (Note 2)

    487,131       50,015       10,442       64,265       647,891  

Less: Foreign withholding taxes on dividends

    (1,329,885     (399,809     (89,233     (1,098,909     (3,422,482

Total investment income

    14,183,470       3,655,571       1,008,866       10,312,009       33,426,072  

EXPENSES:

 

Advisory fees (Note 3)

    1,208,510       386,919       76,575       1,690,922       3,330,311  

Service fees (Note 2)

    11,078       2,936       887       17,714       25,265  

Total expenses

    1,219,588       389,855       77,462       1,708,636       3,355,576  

Expense waivers (Note 3)

    (913                       (9,819

Net expenses

    1,218,675       389,855       77,462       1,708,636       3,345,757  

Net investment income

    12,964,795       3,265,716       931,404       8,603,373       30,080,315  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

    185,734       (439,902     249,771       130,319       (6,152,333

Investment transactions in affiliates (Note 3)

    16,165                         (50,153

In-kind redemptions

                            10,459,345  

Futures contracts

                (686            

Foreign currency contracts

    (1,831     (1,104     (42,362     (27,820     (25,955

Foreign currency related transactions

    (67,251     (47,420     13,179       36,752       (484,829

Net realized gain (loss)

    132,817       (488,426     219,902       139,251       3,746,075  

Net increase (decrease) in unrealized appreciation/depreciation:

         

Investment transactions

    (9,459,734     (3,672,460     (1,503,380     (46,713,255     (56,360,058

Investment transactions in affiliates (Note 3)

    (37,983                       (411,029

Foreign currency contracts

    (22     102       774,345             436  

Translation of assets and liabilities denominated in foreign currencies

    (55,003     (5,431     (2,109     (49,098     (74,390

Net decrease in unrealized appreciation/depreciation

    (9,552,742     (3,677,789     (731,144     (46,762,353     (56,845,041

Net realized and unrealized loss on investments

    (9,419,925     (4,166,215     (511,242     (46,623,102     (53,098,966

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

  $ 3,544,870     $ (900,499   $ 420,162     $ (38,019,729   $ (23,018,651

 

See Notes to Financial Statements.

 

WisdomTree Trust      87  


Statements of Operations (unaudited) (concluded)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

      WisdomTree
Japan SmallCap
Dividend Fund
 

INVESTMENT INCOME:

  

Dividends

   $ 2,950,241  

Dividends from affiliates (Note 3)

     11,693  

Interest

     267  

Securities lending income, net (Note 2)

     34,473  

Less: Foreign withholding taxes on dividends

     (296,380

Total investment income

     2,700,294  

EXPENSES:

 

Advisory fees (Note 3)

     545,078  

Service fees (Note 2)

     4,135  

Total expenses

     549,213  

Expense waivers (Note 3)

     (526

Net expenses

     548,687  

Net investment income

     2,151,607  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

     (155,202

Investment transactions in affiliates (Note 3)

     24,348  

In-kind redemptions

     1,081,574  

Foreign currency contracts

     (3,223

Foreign currency related transactions

     (194,372

Net realized gain

     753,125  

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions

     5,605,109  

Investment transactions in affiliates (Note 3)

     62,656  

Translation of assets and liabilities denominated in foreign currencies

     (25,836

Net increase in unrealized appreciation/depreciation

     5,641,929  

Net realized and unrealized gain on investments

     6,395,054  

NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ 8,546,661  

 

See Notes to Financial Statements.

 

88   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, 2023
(unaudited)

     For the
Year Ended
March 31, 2023
     For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
     For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

   $ 1,042,002      $ 1,632,953      $ 7,260,953      $ 13,431,740      $ 2,042,517      $ 3,709,293  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

     (233,750      (7,730,499      3,100,791        (51,114,324      62,066        (13,490,823

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (3,428,038      3,014,323        (23,419,763      3,760,195        (1,687,803      6,533,136  

Net increase (decrease) in net assets resulting from operations

     (2,619,786      (3,083,223      (13,058,019      (33,922,389      416,780        (3,248,394

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (1,018,000      (1,667,670      (7,555,500      (14,405,217      (2,450,250      (4,170,635

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

     4,551,237        18,424,119               50,584,868        1,911,224         

Cost of shares redeemed

            (16,778,882      (40,351,862      (47,265,636      (5,889,662      (36,378,090

Net increase (decrease) in net assets resulting from capital share transactions

     4,551,237        1,645,237        (40,351,862      3,319,232        (3,978,438      (36,378,090

Net Increase (Decrease) in Net Assets

     913,451        (3,105,656      (60,965,381      (45,008,374      (6,011,908      (43,797,119

NET ASSETS:

 

Beginning of period

   $ 69,240,698      $ 72,346,354      $ 250,797,318      $ 295,805,692      $ 77,784,720      $ 121,581,839  

End of period

   $ 70,154,149      $ 69,240,698      $ 189,831,937      $ 250,797,318      $ 71,772,812      $ 77,784,720  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     2,300,000        2,300,000        4,300,000        4,350,000        2,000,000        3,000,000  

Shares created

     150,000        650,000               850,000        50,000         

Shares redeemed

            (650,000      (700,000      (900,000      (150,000      (1,000,000

Shares outstanding, end of period

     2,450,000        2,300,000        3,600,000        4,300,000        1,900,000        2,000,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      89  


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, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
     For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
     For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

   $ 14,693,060      $ 25,509,784      $ 14,851,330      $ 14,495,358      $ 12,964,795      $ 17,714,031  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

     5,117,716        (23,381,839      8,916,053        (13,383,670      132,817        (17,772,367

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (17,481,637      (24,797,741      (21,359,228      11,402,305        (9,552,742      15,832,146  

Net increase (decrease) in net assets resulting from operations

     2,329,139        (22,669,796      2,408,155        12,513,993        3,544,870        15,773,810  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (15,392,500      (26,843,795      (15,284,500      (14,557,836      (12,957,750      (18,097,424

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

     22,667,868        43,192,061        19,182,859        213,596,432        18,551,230        112,351,029  

Cost of shares redeemed

     (22,696,997      (57,953,886      (55,512,909                     

Net increase (decrease) in net assets resulting from capital share transactions

     (29,129      (14,761,825      (36,330,050      213,596,432        18,551,230        112,351,029  

Net Increase (Decrease) in Net Assets

     (13,092,490      (64,275,416      (49,206,395      211,552,589        9,138,350        110,027,415  

NET ASSETS:

 

Beginning of period

   $ 570,152,931      $ 634,428,347      $ 413,186,779      $ 201,634,190      $ 491,834,408      $ 381,806,993  

End of period

   $ 557,060,441      $ 570,152,931      $ 363,980,384      $ 413,186,779      $ 500,972,758      $ 491,834,408  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     11,450,000        11,950,000        11,000,000        5,050,000        10,550,000        7,800,000  

Shares created

     450,000        900,000        500,000        5,950,000        400,000        2,750,000  

Shares redeemed

     (450,000      (1,400,000      (1,500,000                     

Shares outstanding, end of period

     11,450,000        11,450,000        10,000,000        11,000,000        10,950,000        10,550,000  

 

See Notes to Financial Statements.

 

90   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, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
     For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
     For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

   $ 3,265,716      $ 5,069,979      $ 931,404      $ 1,316,274      $ 8,603,373      $ 13,253,119  

Net realized gain (loss) on investments, futures contracts, foreign currency contracts and foreign currency related transactions

     (488,426      (13,885,400      219,902        (539,077      139,251        (58,788,022

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (3,677,789      718,605        (731,144      413,640        (46,762,353      52,354,050  

Net increase (decrease) in net assets resulting from operations

     (900,499      (8,096,816      420,162        1,190,837        (38,019,729      6,819,147  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (3,959,250      (5,553,560      (1,008,000      (1,277,796      (8,230,000      (13,540,674

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

     8,686,299        11,005,333               9,671,353        225,342,745        330,148,196  

Cost of shares redeemed

            (5,032,369             (2,474,953             (31,250,555

Net increase in net assets resulting from capital share transactions

     8,686,299        5,972,964               7,196,400        225,342,745        298,897,641  

Net Increase (Decrease) in Net Assets

     3,826,550        (7,677,412      (587,838      7,109,441        179,093,016        292,176,114  

NET ASSETS:

 

Beginning of period

   $ 128,175,330      $ 135,852,742      $ 39,995,850      $ 32,886,409      $ 665,915,824      $ 373,739,710  

End of period

   $ 132,001,880      $ 128,175,330      $ 39,408,012      $ 39,995,850      $ 845,008,840      $ 665,915,824  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     2,200,000        2,100,000        1,600,000        1,300,000        19,750,000        10,150,000  

Shares created

     150,000        200,000               400,000        6,600,000        10,650,000  

Shares redeemed

            (100,000             (100,000             (1,050,000

Shares outstanding, end of period

     2,350,000        2,200,000        1,600,000        1,600,000        26,350,000        19,750,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      91  


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, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
     For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

   $ 30,080,315      $ 56,124,574      $ 2,151,607      $ 4,558,221  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

     3,746,075        (165,290,057      753,125        (26,812,312

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (56,845,041      8,194,398        5,641,929        25,168,900  

Net increase (decrease) in net assets resulting from operations

     (23,018,651      (100,971,085      8,546,661        2,914,809  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (31,481,750      (62,885,580      (1,290,548      (7,163,312

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

            36,161,923        17,284,142        15,564,306  

Cost of shares redeemed

     (69,786,640      (8,875,297      (6,639,360      (41,967,436

Net increase (decrease) in net assets resulting from capital share transactions

     (69,786,640      27,286,626        10,644,782        (26,403,130

Net Increase (Decrease) in Net Assets

     (124,287,041      (136,570,039      17,900,895        (30,651,633

NET ASSETS:

 

Beginning of period

   $ 1,193,792,635      $ 1,330,362,674      $ 182,496,720      $ 213,148,353  

End of period

   $ 1,069,505,594      $ 1,193,792,635      $ 200,397,615      $ 182,496,720  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     19,650,000        19,200,000        2,750,000        3,200,000  

Shares created

            600,000        250,000        250,000  

Shares redeemed

     (1,150,000      (150,000      (100,000      (700,000

Shares outstanding, end of period

     18,500,000        19,650,000        2,900,000        2,750,000  

 

See Notes to Financial Statements.

 

92   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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 30.10     $ 31.45     $ 31.24     $ 22.13     $ 25.06     $ 26.24  

Investment operations:

           

Net investment income1

    0.44       0.72       1.08       0.66       0.62       0.61  

Net realized and unrealized gain (loss)

    (1.47     (1.35     0.21 2      9.10       (2.93     (1.05

Total from investment operations

    (1.03     (0.63     1.29       9.76       (2.31     (0.44

Dividends to shareholders:

           

Net investment income

    (0.44     (0.72     (1.08     (0.65     (0.62     (0.74

Net asset value, end of period

  $ 28.63     $ 30.10     $ 31.45     $ 31.24     $ 22.13     $ 25.06  

TOTAL RETURN3

    (3.48 )%      (1.64 )%      4.02     44.43     (9.46 )%      (1.62 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 70,154     $ 69,241     $ 72,346     $ 46,856     $ 25,450     $ 41,342  

Ratios to average net assets of:

           

Expenses

    0.58 %4      0.59 %5      0.59 %5      0.58     0.58     0.58

Net investment income

    2.93 %4      2.63     3.26     2.37     2.42     2.41

Portfolio turnover rate6

    1     43     53     61     43     42

 

WisdomTree Europe SmallCap
Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 58.32     $ 68.00     $ 69.71     $ 41.06     $ 58.54     $ 69.55  

Investment operations:

           

Net investment income1

    1.86       3.42       2.03       1.31       2.43       2.57  

Net realized and unrealized gain (loss)

    (5.38     (9.57     (1.79     28.62       (17.41     (10.87

Total from investment operations

    (3.52     (6.15     0.24       29.93       (14.98     (8.30

Dividends to shareholders:

           

Net investment income

    (2.07     (3.53     (1.95     (1.28     (2.50     (2.71

Net asset value, end of period

  $ 52.73     $ 58.32     $ 68.00     $ 69.71     $ 41.06     $ 58.54  

TOTAL RETURN3

    (6.11 )%      (8.50 )%      0.18     73.76     (26.54 )%      (12.19 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 189,832     $ 250,797     $ 295,806     $ 310,227     $ 320,231     $ 667,402  

Ratios to average net assets7 of:

           

Expenses8

    0.58 %4      0.65 %5      0.73 %5      0.58     0.58     0.58

Net investment income

    6.52 %4      6.00     2.77     2.39     4.15     4.06

Portfolio turnover rate6

    6     46     68     92     50     52

 

1 

Based on average shares outstanding.

 

2 

The amount of net realized and unrealized gain per share does not correspond with the amounts 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. 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      93  


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 38.89     $ 40.53     $ 42.46     $ 31.66     $ 41.19     $ 43.18  

Investment operations:

           

Net investment income2

    1.07       1.56       2.14       1.64       1.69       1.74  

Net realized and unrealized gain (loss)

    (0.86     (1.46     (1.98     10.78       (9.52     (1.98

Total from investment operations

    0.21       0.10       0.16       12.42       (7.83     (0.24

Dividends to shareholders:

           

Net investment income

    (1.32     (1.74     (2.09     (1.62     (1.70     (1.75

Net asset value, end of period

  $ 37.78     $ 38.89     $ 40.53     $ 42.46     $ 31.66     $ 41.19  

TOTAL RETURN3

    0.50     0.80     0.30     39.87     (19.77 )%      (0.49 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 71,773     $ 77,785     $ 121,582     $ 144,348     $ 106,061     $ 179,189  

Ratios to average net assets of:

           

Expenses

    0.58 %4      0.59 %5      0.58 %6,7,8      0.58 %7,8      0.58 %7,8      0.58 %7,8 

Net investment income

    5.44 %4      4.25     5.03 %8      4.34 %8      4.17 %8      4.17 %8 

Portfolio turnover rate9

    71     148 %10      99 %10,11      61     45     41

 

WisdomTree International Equity

Fund

  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 49.80     $ 53.09     $ 52.63     $ 39.65     $ 50.59     $ 54.63  

Investment operations:

           

Net investment income2

    1.27       2.11       1.94       1.47       1.69       1.86  

Net realized and unrealized gain (loss)

    (1.08     (3.19     0.50       12.99       (10.88     (3.98

Total from investment operations

    0.19       (1.08     2.44       14.46       (9.19     (2.12

Dividends to shareholders:

           

Net investment income

    (1.34     (2.21     (1.98     (1.48     (1.75     (1.92

Net asset value, end of period

  $ 48.65     $ 49.80     $ 53.09     $ 52.63     $ 39.65     $ 50.59  

TOTAL RETURN3

    0.38     (1.55 )%      4.62     36.92     (18.80 )%      (3.89 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 557,060     $ 570,153     $ 634,428     $ 602,625     $ 580,910     $ 837,260  

Ratios to average net assets of:

           

Expenses

    0.48 %4      0.49 %12      0.49 %7,8,12      0.48 %7,8      0.48 %7,8      0.48 %7,8 

Net investment income

    5.07 %4      4.49     3.58 %8      3.13 %8      3.36 %8      3.59 %8 

Portfolio turnover rate9

    1     24     31     47     23     15

 

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 

Annualized.

 

5 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.58%.

 

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 expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

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 

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 

The increase in the portfolio turnover rate was primarily a result of the change in investment objective and strategy on January 18, 2022.

 

11 

On January 7, 2022, Voya Investment Management Co., LLC replaced Mellon Investments Corporation as sub-advisor to the Fund.

 

12 

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.

 

94   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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 37.56     $ 39.93     $ 39.29     $ 29.53     $ 40.30     $ 43.25  

Investment operations:

           

Net investment income1

    1.33       2.11       1.90       1.54       1.65       1.78  

Net realized and unrealized gain (loss)

    (1.13     (2.37     0.63       9.73       (10.75     (2.89

Total from investment operations

    0.20       (0.26     2.53       11.27       (9.10     (1.11

Dividends to shareholders:

           

Net investment income

    (1.36     (2.11     (1.89     (1.51     (1.67     (1.84

Net asset value, end of period

  $ 36.40     $ 37.56     $ 39.93     $ 39.29     $ 29.53     $ 40.30  

TOTAL RETURN2

    0.57     0.01     6.61     38.88     (23.48 )%      (2.53 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 363,980     $ 413,187     $ 201,634     $ 182,685     $ 174,236     $ 251,852  

Ratios to average net assets3 of:

           

Expenses4

    0.58 %5      0.58 %6      0.59 %7      0.58     0.58     0.58

Net investment income

    7.07 %5      5.89     4.80     4.43     4.18     4.32

Portfolio turnover rate8

    4     36     40     57     34     24

 

WisdomTree International LargeCap
Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 46.62     $ 48.95     $ 47.34     $ 36.81     $ 46.37     $ 49.48  

Investment operations:

           

Net investment income1

    1.21       1.94       1.79       1.42       1.56       1.81  

Net realized and unrealized gain (loss)

    (0.86     (2.23     1.63       10.55       (9.52     (3.09

Total from investment operations

    0.35       (0.29     3.42       11.97       (7.96     (1.28

Dividends to shareholders:

           

Net investment income

    (1.22     (2.04     (1.81     (1.44     (1.60     (1.83

Net asset value, end of period

  $ 45.75     $ 46.62     $ 48.95     $ 47.34     $ 36.81     $ 46.37  

TOTAL RETURN2

    0.73     (0.05 )%      7.27     32.91     (17.78 )%      (2.55 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 500,973     $ 491,834     $ 381,807     $ 352,717     $ 327,622     $ 389,510  

Ratios to average net assets3 of:

           

Expenses4

    0.48 %5      0.49 %9      0.49 %9      0.48     0.48     0.48

Net investment income

    5.15 %5      4.43     3.63     3.33     3.38     3.83

Portfolio turnover rate8

    1     23     30     38     14     14

 

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 unchanged.

 

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 

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 

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      95  


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 58.26     $ 64.69     $ 67.16     $ 47.06     $ 61.98     $ 68.12  

Investment operations:

           

Net investment income1

    1.43       2.31       2.54       1.51       2.03       2.00  

Net realized and unrealized gain (loss)

    (1.77     (6.20     (2.53     20.12       (14.87     (6.17

Total from investment operations

    (0.34     (3.89     0.01       21.63       (12.84     (4.17

Dividends to shareholders:

           

Net investment income

    (1.75     (2.54     (2.48     (1.53     (2.08     (1.97

Net asset value, end of period

  $ 56.17     $ 58.26     $ 64.69     $ 67.16     $ 47.06     $ 61.98  

TOTAL RETURN2

    (0.59 )%      (5.68 )%      (0.13 )%      46.54     (21.43 )%      (6.16 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 132,002     $ 128,175     $ 135,853     $ 144,404     $ 169,413     $ 278,924  

Ratios to average net assets of:

           

Expenses

    0.58 %3      0.59 %4      0.59 %4      0.58     0.58     0.58 %5,6 

Net investment income

    4.90 %3      4.10     3.75     2.63     3.30     3.12 %5 

Portfolio turnover rate7

    2     39     44     62     33     28

 

WisdomTree International
Multifactor Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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

  $ 25.00     $ 25.30     $ 25.43     $ 20.88     $ 24.72     $ 24.75  

Investment operations:

           

Net investment income1

    0.58       0.95       0.79       0.59       0.75       0.55  

Net realized and unrealized gain (loss)

    (0.32     (0.33     0.00 8      4.53       (3.88     (0.27

Total from investment operations

    0.26       0.62       0.79       5.12       (3.13     0.28  

Dividends to shareholders:

           

Net investment income

    (0.63     (0.92     (0.92     (0.57     (0.71     (0.31

Net asset value, end of period

  $ 24.63     $ 25.00     $ 25.30     $ 25.43     $ 20.88     $ 24.72  

TOTAL RETURN2

    1.04     2.76     3.03     24.70     (13.08 )%      1.18

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 39,408     $ 39,996     $ 32,886     $ 38,138     $ 33,408     $ 19,778  

Ratios to average net assets of:

           

Expenses

    0.38 %3      0.39 %9      0.39 %9      0.38     0.38 %5,6      0.38 %3 

Net investment income

    4.62 %3      3.98     3.01     2.47     3.04 %5      3.61 %3 

Portfolio turnover rate7

    65     118     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.

 

96   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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 33.72     $ 36.82     $ 36.95     $ 25.87     $ 28.62     $ 30.50  

Investment operations:

           

Net investment income1

    0.36       1.06       1.22       0.91       0.70       0.58  

Net realized and unrealized gain (loss)

    (1.67     (3.03     (0.27 )2      10.98       (2.77     (1.95

Total from investment operations

    (1.31     (1.97     0.95       11.89       (2.07     (1.37

Dividends to shareholders:

           

Net investment income

    (0.34     (1.13     (1.08     (0.81     (0.68     (0.51

Net asset value, end of period

  $ 32.07     $ 33.72     $ 36.82     $ 36.95     $ 25.87     $ 28.62  

TOTAL RETURN3

    (3.92 )%      (4.85 )%      2.46     46.22     (7.43 )%      (4.43 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 845,009     $ 665,916     $ 373,740     $ 190,307     $ 68,551     $ 71,541  

Ratios to average net assets of:

           

Expenses, net of expense waivers

    0.42 %4      0.43 %5      0.42     0.41 %6      0.38 %7      0.38 %7 

Expenses, prior to expense waivers

    0.42 %4      0.43 %5      0.42     0.44     0.48     0.48

Net investment income

    2.14 %4      3.38     3.16     2.73     2.38     2.05

Portfolio turnover rate8

    0 %9      48     63     66     51     55

 

WisdomTree International
SmallCap Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 60.75     $ 69.29     $ 72.16     $ 48.29     $ 65.74     $ 75.80  

Investment operations:

           

Net investment income1

    1.59       2.91       2.27       1.55       2.36       2.19  

Net realized and unrealized gain (loss)

    (2.85     (8.19     (2.72     23.97       (17.32     (10.01

Total from investment operations

    (1.26     (5.28     (0.45     25.52       (14.96     (7.82

Dividends to shareholders:

           

Net investment income

    (1.68     (3.26     (2.42     (1.65     (2.49     (2.24

Net asset value, end of period

  $ 57.81     $ 60.75     $ 69.29     $ 72.16     $ 48.29     $ 65.74  

TOTAL RETURN3

    (2.09 )%      (7.23 )%      (0.79 )%      53.46     (23.58 )%      (10.41 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 1,069,506     $ 1,193,793     $ 1,330,363     $ 1,403,518     $ 1,161,439     $ 1,673,095  

Ratios to average net assets10 of:

           

Expenses, net of expense waivers11

    0.58 %4      0.60 %12      0.61 %12      0.58     0.58     0.58

Net investment income

    5.24 %4      4.87     3.08     2.54     3.63     3.15

Portfolio turnover rate8

    5     51     55     74     50     35

 

1 

Based on average shares outstanding.

 

2 

The amount of net realized and unrealized loss per share does not correspond with the amounts 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 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.42%.

 

6 

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%.

 

7 

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.

 

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 

Amount represents less than 1%.

 

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 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.58%.

 

See Notes to Financial Statements.

 

WisdomTree Trust      97  


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, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    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
 

Net asset value, beginning of period

  $ 66.36     $ 66.61     $ 76.06     $ 58.64     $ 68.10     $ 80.93  

Investment operations:

           

Net investment income1

    0.78       1.58       1.71       1.17       1.14       1.00  

Net realized and unrealized gain (loss)

    2.42       0.61 2      (9.68     18.13       (8.95     (12.61

Total from investment operations

    3.20       2.19       (7.97     19.30       (7.81     (11.61

Dividends to shareholders:

           

Net investment income

    (0.46     (2.44     (1.48     (1.88     (1.65     (1.22

Net asset value, end of period

  $ 69.10     $ 66.36     $ 66.61     $ 76.06     $ 58.64     $ 68.10  

TOTAL RETURN3

    4.86     3.62     (10.62 )%      33.27     (11.85 )%      (14.38 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 200,398     $ 182,497     $ 213,148     $ 190,141     $ 237,503     $ 616,294  

Ratios to average net assets4 of:

           

Expenses5

    0.58 %6      0.58     0.58     0.58     0.58     0.58

Net investment income

    2.29 %6      2.56     2.34     1.73     1.67     1.35

Portfolio turnover rate7

    2     26     36     43     38     42

 

1 

Based on average shares outstanding.

 

2 

The amount of net realized and unrealized gain per share does not correspond with the amounts 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 

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.

 

See Notes to Financial Statements.

 

98   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 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

 

WisdomTree Trust      99  


Notes to Financial Statements (unaudited) (continued)

 

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 on the measurement date using an interpolated foreign exchange rate between the closest preceding and subsequent settlement period, as calculated using the 4:00 p.m. London time closing spot and forward rates provided by an independent pricing service provider. 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.

Pursuant to Board-approved valuation procedures established by the Trust and WTAM, the Board has appointed WTAM as the Funds’ valuation designee (the “Valuation Designee”) to perform all fair valuations of the Funds’ portfolio investments, subject to the Board’s oversight. As the Valuation Designee, WTAM has established procedures for its fair valuation of a Fund’s portfolio investments. These procedures address, among other things, determining when market quotations are not readily available or reliable and the methodologies to be used for determining the fair value of investments, as well as the use and oversight of third-party pricing services for fair valuation. The Valuation Designee is comprised of senior representatives of WTAM and 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 Valuation Designee 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 Valuation Designee 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).

 

100   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

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 Valuation Designee may include significant unobservable inputs and therefore such financial instruments would be reflected as a Level 3 of the fair value hierarchy. The Valuation Designee 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 Valuation Designee 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, 2023, 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, 2023 and open positions in such derivatives as of September 30, 2023 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. Any collateral posted (or received) with respect to the derivative positions would be used to offset or reduce the payment due to (or due from) a counterparty in the event of default. Information with respect to the amounts and types of collateral received and/or posted for derivative instruments as of September 30, 2023, if any, is reflected as a footnote within each Fund’s Schedule of Investments.The Funds’ maximum credit risk exposure to derivatives agreements would be the total value of derivatives disclosed in the table included in Note 2—Master Netting Arrangements under the column entitled “Assets: Net Amount”.

As of September 30, 2023, 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
   $      Unrealized depreciation on
foreign currency contracts
   $ 142  

Europe SmallCap Dividend Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
          Unrealized depreciation on
foreign currency contracts
     19  

International High Dividend Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     224      Unrealized depreciation on
foreign currency contracts
     31  

International LargeCap Dividend Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     9      Unrealized depreciation on
foreign currency contracts
     31  

 

WisdomTree Trust      101  


Notes to Financial Statements (unaudited) (continued)

 

     
     Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location    Value  

International Multifactor Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
   $ 582,976      Unrealized depreciation on
foreign currency contracts
   $ 52,418  

International SmallCap Dividend Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     427      Unrealized depreciation on
foreign currency contracts
      

For the six months ended September 30, 2023, 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

   $ 2,272      $ (142

Europe SmallCap Dividend Fund

     

Foreign currency risk

     14,179        554  

International AI Enhanced Value Fund

     

Foreign currency risk

     25,735        (113

International Equity Fund

     

Foreign currency risk

     (27,156       

International High Dividend Fund

     

Foreign currency risk

     14,021        359  

International LargeCap Dividend Fund

     

Foreign currency risk

     (1,831      (22

International MidCap Dividend Fund

     

Foreign currency risk

     (1,104      102  

International Multifactor Fund

     

Equity risk

     (686       

Foreign currency risk

     (42,362      774,345  

International Quality Dividend Growth Fund

     

Foreign currency risk

     (27,820       

International SmallCap Dividend Fund

     

Foreign currency risk

     (25,955      436  

Japan SmallCap Dividend Fund

     

Foreign currency risk

     (3,223       

 

  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

Equity risk

   Net realized gain (loss) from futures 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, 2023, 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)
     Futures
contracts
(long)
 

Europe Quality Dividend Growth Fund

        

Foreign currency risk

   $ 6,406      $ 15,906      $  

Europe SmallCap Dividend Fund

        

Foreign currency risk

     70,782        26,564         

International AI Enhanced Value Fund

        

Foreign currency risk

            18,790         

 

102   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

   
     Average Notional  
Fund    Foreign currency
contracts
(to deliver
USD)
     Foreign currency
contracts
(to receive
USD)
     Futures
contracts
(long)
 

International Equity Fund

        

Foreign currency risk

   $ 38,961      $ 68,621      $  

International High Dividend Fund

        

Foreign currency risk

     343,655        128,513         

International LargeCap Dividend Fund

        

Foreign currency risk

     110,964        9,448         

International MidCap Dividend Fund

        

Foreign currency risk

     19,031        20,843         

International Multifactor Fund

        

Equity risk1

                   15,314  

Foreign currency risk

     18,473,123        38,617,108         

International Quality Dividend Growth Fund

        

Foreign currency risk

     48,763                

International SmallCap Dividend Fund

        

Foreign currency risk

     134,127        314,283         

Japan SmallCap Dividend Fund

        

Foreign currency risk

            30,690         
  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, with respect to foreign dividends, as soon as practicable after the existence of a dividend declaration has been determined, at the fair value of securities to be received. Upon notification from real estate investment trust (“REIT”) issuers or as estimated by management, all or a portion of the dividend income received from a REIT may be redesignated as a reduction of cost of the related investment and/or as a realized gain. 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 Taxes — The Funds may be subject to foreign taxes (a portion of which may be reclaimable or refundable) on foreign income or capital gains on investment transactions. All foreign taxes are recorded in accordance with the applicable foreign tax regulations and tax rates that exist in the foreign jurisdictions in which the Funds invest. These foreign taxes, if any, are accrued and applied to foreign income as the foreign income is earned and are reflected on the Statements of Operations as follows: foreign taxes withheld on dividends are presented as a reduction to investment income in “Less: Foreign withholding taxes on dividends”, foreign taxes on capital gains from investment transactions, if any, are included in “Net realized gain (loss) from investment transactions”, and deferred foreign taxes on net unrealized appreciation on investments, if any, are included in “Net increase (decrease) in unrealized appreciation/depreciation on investment transactions”. Foreign taxes payable or deferred as of September 30, 2023, if any, are disclosed in the Statements of Assets and Liabilities in “Payables: Foreign capital gains tax”.

In certain foreign jurisdictions, when the Funds incur subsequent capital losses on investment transactions that occurred during the tax year in the applicable foreign jurisdiction, the Funds may be entitled to a refund on any foreign taxes paid on previous capital gain investment transactions that occurred during the tax year of the applicable foreign jurisdiction. Foreign capital gain tax refunds on investment transactions are included in “Net realized gain (loss) from investment transactions” on the Statements of Operations and foreign capital gain tax refunds that remain unpaid as of September 30, 2023, if any, are disclosed in the Statements of Assets and Liabilities in “Receivables: Foreign capital gains tax refund”.

The Funds file foreign tax reclaims in certain foreign jurisdictions to recover a portion of amounts previously withheld on dividend income 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 recorded relating to current fiscal year investment income are included in the Statements of Operations as a reduction to the balance shown for “Foreign withholding taxes on dividends” and foreign tax reclaims recorded, but not yet received as of September 30, 2023, if any, are shown on the Statements of Assets and Liabilities in “Receivables: Foreign tax reclaims”.

 

WisdomTree Trust      103  


Notes to Financial Statements (unaudited) (continued)

 

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.

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, 2023, 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.

 

104   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

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.

Futures Contracts — The International Multifactor Fund utilized equity futures contracts on a temporary basis during the fiscal period to obtain market exposure consistent with its investment objective during each Fund’s periodic portfolio rebalance. When a Fund purchases a listed futures contract, it agrees to purchase a specified reference asset (e.g., commodity, currency or U.S. Treasury security, collectively herein, “Reference Asset”) at a specified 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. The Funds have adopted a derivatives risk management program pursuant to Rule 18f-4 under the 1940 Act to assess and manage the Funds’ derivatives risk. Rule 18f-4 limits the amount of derivatives a fund can enter into and replaces the asset segregation framework previously used by the Funds to comply with Section 18 of the 1940 Act.

As of September 30, 2023, 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 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

 

WisdomTree Trust      105  


Notes to Financial Statements (unaudited) (continued)

 

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 gross basis in the Statements of Assets and Liabilities. As of September 30, 2023, 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
 

Europe Quality Dividend Growth Fund

               

Securities Lending

  $ 1,934,053     $     $ (1,934,053 )1    $     $     $     $     $  

Foreign Currency Contracts

                            142                   142  

Europe SmallCap Dividend Fund

               

Securities Lending

    16,511,178             (16,511,178 )1                               

Foreign Currency Contracts

                            19                   19  

International AI Enhanced Value Fund

               

Securities Lending

    4,216,138             (4,216,138 )1                               

International Equity Fund

               

Securities Lending

    41,617,322             (41,617,322 )1                               

International High Dividend Fund

               

Securities Lending

    39,074,258             (39,074,258 )1                               

Foreign Currency Contracts

    224                   224       31                   31  

International LargeCap Dividend Fund

               

Securities Lending

    28,525,422             (28,525,422 )1                               

Foreign Currency Contracts

    9       (9                 31       (9           22  

 

106   WisdomTree Trust


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 MidCap Dividend Fund

               

Securities Lending

  $ 20,268,095     $     $ (20,268,095 )1    $     $     $     $     $  

International Multifactor Fund

               

Securities Lending

    3,381,058             (3,381,058 )1                               

Foreign Currency Contracts

    582,976       (52,410           530,566       52,418       (52,410           8  

International Quality Dividend Growth Fund

               

Securities Lending

    35,770,452             (35,770,452 )1                               

International SmallCap Dividend Fund

               

Securities Lending

    125,096,831             (125,096,831 )1                               

Foreign Currency Contracts

    427                   427                          

Japan SmallCap Dividend Fund

               

Securities Lending

    44,376,373             (44,376,373 )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.

 

WisdomTree Trust      107  


Notes to Financial Statements (unaudited) (continued)

 

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 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 LargeCap 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, 2023, 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 its advisory fees that it would otherwise charge, for each Fund’s investment in affiliated funds. The waivers may be reduced to offset the incremental costs related to these investments (e.g., fund accounting, safekeeping, transaction fees, etc.) that are paid by WTAM out of its advisory fee. 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, 2023, 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, 2023

           For the fiscal period ended
September 30, 2023
 
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 Multifactor Fund

     403      $ 9,900              $ 253  

International Quality Dividend Growth Fund

     462        14,793                153  

International SmallCap Dividend Fund

     561        32,241                905  

Japan SmallCap Dividend Fund

     30        2,069                 

4. CAPITAL SHARE TRANSACTIONS

As of September 30, 2023, 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 to an authorized participant (“AP”). Except when aggregated in creation units (“Creation Unit Aggregations”), 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 (“Deposit Securities”) and/or an amount of cash (“Cash Component”). Creation Unit Aggregations may be created in advance of receipt by a Fund of all or a portion of the applicable Deposit Securities from APs. In these circumstances, the initial deposit received from the AP will have a value greater than the NAV of the applicable Fund’s shares on the date the order is placed in proper form since, in addition to available Deposit Securities, U.S. cash must be deposited by the AP in an amount equal to the sum of (i) the Cash Component, plus (ii) generally between 102%-110%, as directed by the Trust or WTAM, which the Trust or WTAM may change from time to time, of the market value of the undelivered Deposit Securities (the “Additional Cash Deposit”) with the Fund pending delivery of any missing Deposit Securities. The Fund will return any unused portion of the Additional Cash Deposit once all of the missing Deposit Securities have been properly received from the AP or purchased by the Fund. Amounts due to be returned to an AP as of September 30, 2023, if any, is shown in the Statements of Assets and Liabilities in “Payables: Deposit due to authorized participant”. APs

 

108   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

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, 2023 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 Quality Dividend Growth Fund

   $ 927,011      $ 944,784      $ 4,540,802      $  

Europe SmallCap Dividend Fund

     13,656,856        14,145,936               39,493,727  

International AI Enhanced Value Fund

     52,065,041        52,346,444        1,827,924        5,775,238  

International Equity Fund

     14,762,664        6,543,077        14,224,735        21,504,965  

International High Dividend Fund

     18,628,295        16,787,344        18,117,515        54,695,891  

International LargeCap Dividend Fund

     16,724,817        5,894,379        8,909,465         

International MidCap Dividend Fund

     2,726,866        2,908,796        8,317,028         

International Multifactor Fund

     26,301,315        25,946,709                

International Quality Dividend Growth Fund

     19,211,304        1,259,139        207,449,604         

International SmallCap Dividend Fund

     52,306,808        51,018,038               70,032,149  

Japan SmallCap Dividend Fund

     5,128,892        3,842,734        17,241,791        6,643,677  

6. FEDERAL INCOME TAXES

At September 30, 2023, 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

  $ 67,520,216     $ 7,396,437     $ (4,150,145   $ 3,246,292             $     $ (142   $ (142   $ 3,246,150  

Europe SmallCap Dividend Fund

    222,477,516       14,347,047       (37,667,391     (23,320,344                   (19     (19     (23,320,363

International AI Enhanced Value Fund

    79,338,083       1,873,757       (6,610,498     (4,736,741                               (4,736,741

International Equity Fund

    522,439,526       92,462,936       (32,329,557     60,133,379                                 60,133,379  

International High Dividend Fund

    386,237,203       28,369,940       (24,041,270     4,328,670               224       (31     193       4,328,863  

International LargeCap Dividend Fund

    450,168,236       87,478,001       (16,752,362     70,725,639               9       (31     (22     70,725,617  

International MidCap Dividend Fund

    143,253,838       14,081,027       (14,664,799     (583,772                               (583,772

International Multifactor Fund

    39,461,952       2,252,875       (1,434,075     818,800               13,876       (1,267     12,609       831,409  

International Quality Dividend Growth Fund

    848,051,054       58,123,469       (45,822,409     12,301,060                                 12,301,060  

International SmallCap Dividend Fund

    1,168,775,098       121,558,674       (169,091,647     (47,532,973             427             427       (47,532,546

Japan SmallCap Dividend Fund

    232,072,097       17,523,356       (29,829,635     (12,306,279                               (12,306,279
  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.

 

WisdomTree Trust      109  


Notes to Financial Statements (unaudited) (continued)

 

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 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. 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, 2023, the ECJ tax reclaims received by the Funds, if any, did not exceed the foreign withholding taxes of the respective Funds. The Europe SmallCap Dividend Fund expects to enter into a closing agreement with the Internal Revenue Service on ECJ tax reclaims received in the previous fiscal years that exceeded foreign withholding taxes paid and has recognized estimated closing agreement fees of $478,312 which are shown on the Statements of Assets and Liabilities in “Payables: Other”.

7. ADDITIONAL INFORMATION

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, as well as other popular Russian exports, such as diamonds, seafood and vodka. The European Union, the United Kingdom and other countries have also placed restrictions on certain oil, energy and luxury goods imports from Russia.

These sanctions, as well as other economic consequences related to the invasion, such as additional sanctions, boycotts, changes in consumer or purchaser preferences, or cyberattacks on governments, companies or individuals, may further decrease the value and liquidity of certain Russian securities as well as securities of issuers in other countries that are subject to or otherwise adversely affected by economic sanctions related to Russia’s invasion of Ukraine, including Russian counter measures. 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

 

110   WisdomTree Trust


Notes to Financial Statements (unaudited) (concluded)

 

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.

*    *    *    *    *    *

Financial markets around the world may experience extreme volatility, depressed valuations, decreased liquidity and heightened uncertainty and turmoil resulting from major cybersecurity events, geopolitical events (including wars, such as Russia’s invasion of Ukraine, terror attacks, and disruptions to foreign economic and trade relationships), public health emergencies, such as the COVID-19 pandemic, measures to address budget deficits, downgrading of sovereign debt, and public sentiment, among other events. Resulting market volatility, dramatic changes to interest rates, and otherwise unfavorable economic conditions may negatively impact Fund performance or impair a Fund’s ability to achieve its investment objective.

In March 2023, the financial distress of certain financial institutions raised economic concerns over disruption in the U.S. banking system and regarding the solvency of certain financial services firms. There can be no certainty that the actions taken by the U.S. government to strengthen public confidence in the U.S. banking system will be effective in mitigating the effects of financial institution failures on the economy and restoring public confidence in the U.S. banking system.

*    *    *    *    *    *

Raising the ceiling on U.S. government debt has become increasingly politicized. Any failure to increase the total amount that the U.S. government is authorized to borrow could lead to a default on U.S. government obligations, with unpredictable consequences for economies and markets in the U.S. and elsewhere. On August 1, 2023, Fitch Ratings, Inc. downgraded its U.S. debt rating from the highest AAA rating to AA+, citing “a high and growing general government debt burden, and the erosion of governance relative to ‘AA’ and ‘AAA’ rated peers over the last two decades that has manifested in repeated debt limit standoffs and last-minute resolutions.” The impacts, if any, of the downgrade on financial markets are unknown at this time. The downgrade has potential market impacts, including but not limited to, steep stock market declines and rising bond yields.

 

WisdomTree Trust      111  


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 18-19, 2023 (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) each respective sub-advisory agreement between WTAM and Mellon Investments Corporation (“Mellon”) and Voya Investment Management Co. LLC (“Voya,” and, together with Mellon, the “Sub-Advisers”), pursuant to which the Sub-Advisers coordinate the investment and reinvestment of the assets of the applicable Funds (“Sub-Advisory Agreements” and, 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 18, 2023, 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, Inc. (“WT”), 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 WT indexes are unique, based on WT’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 WT’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 WT 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 the Sub-Advisers’ 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, compliance 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, 2023, 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

 

112   WisdomTree Trust


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

 

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 and mutual funds 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.

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

 

WisdomTree Trust      113  


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

 

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.

 

114   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 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/investments.

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/investments.

 

WisdomTree Trust      115  


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, Inc., 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.


LOGO

 

LOGO

 

Scan the QR code with your

smartphone camera to

 

LOGO

learn more at

WisdomTree.com/investments

 

WisdomTree Fund shares are distributed by Foreside Fund Services, LLC, in the U.S.

WTGM-431470


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 L. Steinberg
      Jonathan L. Steinberg, President
      (principal executive officer)

Date: December 8, 2023

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 L. Steinberg
      Jonathan L. Steinberg, President
      (principal executive officer)

Date: December 8, 2023

 

By (Signature and Title)       /s/ David Castano
      David Castano, Treasurer
      (principal financial officer)

Date: December 8, 2023

 

EX-99.CERT 2 d271735dex99cert.htm EX-99.CERT EX-99.CERT

Certification Pursuant to Rule 30a-2(a) under the 1940 Act and

Section 302 of the Sarbanes-Oxley Act

I, Jonathan L. Steinberg, certify that:

 

1.

I have reviewed this report on Form N-CSR of WisdomTree Trust;

 

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

 

4.

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

  (a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  (b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  (c)

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

 

  (d)

Disclosed in this report any change in the registrant’s internal control over financial reporting 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; and


5.

The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of trustees (or persons performing the equivalent functions):

 

  (a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

  (b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: December 8, 2023       /s/ Jonathan L. Steinberg
      Jonathan L. Steinberg, President
      (principal executive officer)


Certification Pursuant to Rule 30a-2(a) under the 1940 Act and

Section 302 of the Sarbanes-Oxley Act

I, David Castano, certify that:

 

1.

I have reviewed this report on Form N-CSR of WisdomTree Trust;

 

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

 

4.

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

  (a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  (b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  (c)

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

 

  (d)

Disclosed in this report any change in the registrant’s internal control over financial reporting 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; and


5.

The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of trustees (or persons performing the equivalent functions):

 

  (a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

  (b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: December 8, 2023       /s/ David Castano
      David Castano, Treasurer
      (principal financial officer)

 

EX-99.906 CERT 3 d271735dex99906cert.htm EX-99.906 CERT EX-99.906 CERT

LOGO Certification Pursuant to Rule 30a-2(b) under the 1940 Act

and Section 906 of the Sarbanes-Oxley Act

I, Jonathan L. Steinberg, President of WisdomTree Trust (the “Registrant”), certify that:

 

  1.

The Form N-CSR of the Registrant (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

 

  2.

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

 

Date: December 8, 2023       /s/ Jonathan L, Steinberg
      Jonathan L. Steinberg, President
      (principal executive officer)

I, David Castano, Treasurer of the WisdomTree Trust (the “Registrant”), certify that:

 

  1.

The Form N-CSR of the Registrant (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

 

  2.

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

 

Date: December 8, 2023       /s/ David Castano
      David Castano, Treasurer
      (principal financial officer)
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