The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
Report for the Calendar Year or Quarter Ended: 09-30-2022
Check here if Amendment    Amendment Number:
This Amendment (Check only one.):    is a restatement.
   adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Russell Investments Group, Ltd.
Address: 1301 Second Avenue
18th Floor
Seattle, WA  98101
Form 13F File Number: 028-17598

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Mark E. Swanson
Title: Global Head of Fund Services
Phone: 206-505-2086
Signature, Place, and Date of Signing:
/s/ Mark E. Swanson Seattle,  WA 11-04-2022
[Signature] [City, State] [Date]
Report Type (Check only one.):
X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
   13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
   13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 46
Form 13F Information Table Entry Total: 12,746
Form 13F Information Table Value Total: 45,488,969
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Form 13F File Number Name
1 028-06538 AEW Capital Management, L.P.
2 028-05990 Acadian Asset Management LLC
3 028-05049 Advent Capital Management, LLC
4 028-16348 Alken Asset Management Ltd
5 028-10005 Arrowstreet Capital, Limited Partnership
6 028-06437 Atlantic Investment Management, Inc.
7 028-05615 Axiom Investors LLC
8 028-04825 Baillie Gifford & Co
9 028-00060 Barings LLC
10 028-01006 Barrow, Hanley, Mewhinney & Strauss, LLC
11 028-12524 BlueBay Asset Management LLP
12 028-12484 Boston Partners Global Investors, Inc.
13 028-02204 Brandywine Global Investment Management, LLC
14 028-11166 Calamos Advisors LLC
15 028-07760 Cardinal Capital Management, LLC
16 028-02405 Cohen & Steers Capital Management, Inc.
17 028-05268 DePrince, Race & Zollo, Inc.
18 028-19504 Easterly Investment Partners LLC
19 028-14036 Fiera Capital Corporation
20 028-04930 Fiera Capital Inc.
21 028-17876 GQG Partners LLC
22 028-17007 Hosking Partners LLP
23 028-13410 IMPAX ASSET MANAGEMENT LIMITED
24 028-17109 Intermede Investment Partners Limited
25 028-14777 J O Hambro Capital Management Limited
26 028-03059 Jacobs Levy Equity Management, Inc.
27 028-18251 Janus Capital International Limited
28 028-04383 Jupiter Investment Management Limited
29 028-14858 Keywise Capital Management (HK) Limited
30 028-15794 Kopernik Global Investors LLC
31 028-06588 Lazard Asset Management LLC
32 028-13243 Mar Vista Investment Partners, LLC
33 028-11866 Morgan Stanley Investment Management Inc.
34 028-11867 Morgan Stanley Investment Management Limited
35 028-11946 Numeric Investors LLC
36 028-05050 Oaktree Capital Management, L.P.
37 028-21340 Oaktree Fund Advisors, LLC
38 028-11073 Polaris Capital Management, LLC
39 028-03791 Pzena Investment Management, LLC
40 028-04760 RREEF America L.L.C.
41 028-16205 Resolution Capital Limited
42 028-16203 RiverPark Capital Management LLC
43 028-01096 Russell Investments Trust Company
44 028-14100 Sanders Capital, LLC
45 028-04557 Wellington Management Company LLP
46 028-10245 Western Asset Management Company, LLC