Avantis U.S. Large Cap Value ETF - Schedule of Investments | ||
MAY 31, 2024 (UNAUDITED) |
Shares | Value ($) | |||||||
COMMON STOCKS — 99.7% | ||||||||
Aerospace and Defense — 0.3% | ||||||||
BWX Technologies, Inc. | 45,089 | 4,154,049 | ||||||
Huntington Ingalls Industries, Inc. | 27,316 | 6,913,680 | ||||||
11,067,729 | ||||||||
Air Freight and Logistics — 2.0% | ||||||||
Expeditors International of Washington, Inc. | 107,178 | 12,957,820 | ||||||
FedEx Corp. | 102,406 | 26,007,028 | ||||||
United Parcel Service, Inc., Class B | 241,174 | 33,506,304 | ||||||
72,471,152 | ||||||||
Automobile Components — 0.5% | ||||||||
Autoliv, Inc. | 55,509 | 7,081,283 | ||||||
BorgWarner, Inc. | 111,414 | 3,973,023 | ||||||
Lear Corp. | 38,992 | 4,887,647 | ||||||
Modine Manufacturing Co.(1) | 18,264 | 1,843,203 | ||||||
17,785,156 | ||||||||
Automobiles — 1.4% | ||||||||
Ford Motor Co. | 1,605,316 | 19,472,483 | ||||||
General Motors Co. | 570,807 | 25,680,607 | ||||||
Harley-Davidson, Inc. | 79,845 | 2,864,839 | ||||||
Thor Industries, Inc. | 25,596 | 2,540,147 | ||||||
50,558,076 | ||||||||
Banks — 6.0% | ||||||||
Bank OZK | 72,046 | 3,017,286 | ||||||
BOK Financial Corp. | 5,013 | 454,278 | ||||||
Comerica, Inc. | 103,498 | 5,303,238 | ||||||
Commerce Bancshares, Inc. | 62,975 | 3,503,929 | ||||||
Cullen/Frost Bankers, Inc. | 36,226 | 3,679,837 | ||||||
East West Bancorp, Inc. | 119,943 | 8,898,571 | ||||||
Fifth Third Bancorp | 337,454 | 12,627,529 | ||||||
First Citizens BancShares, Inc., Class A | 356 | 604,641 | ||||||
Huntington Bancshares, Inc. | 812,929 | 11,315,972 | ||||||
JPMorgan Chase & Co. | 481,847 | 97,636,658 | ||||||
Popular, Inc. | 39,663 | 3,530,404 | ||||||
Synovus Financial Corp. | 86,993 | 3,452,752 | ||||||
U.S. Bancorp | 248,495 | 10,076,472 | ||||||
Webster Financial Corp. | 7,969 | 352,389 | ||||||
Wells Fargo & Co. | 676,053 | 40,509,096 | ||||||
Western Alliance Bancorp | 57,110 | 3,599,643 | ||||||
Wintrust Financial Corp. | 45,887 | 4,524,917 | ||||||
Zions Bancorp NA | 117,380 | 5,069,642 | ||||||
218,157,254 | ||||||||
Beverages — 0.1% | ||||||||
Coca-Cola Consolidated, Inc. | 4,867 | 4,774,722 | ||||||
National Beverage Corp.(1) | 7,791 | 359,944 | ||||||
5,134,666 | ||||||||
Biotechnology — 0.9% | ||||||||
Gilead Sciences, Inc. | 448,069 | 28,797,395 | ||||||
United Therapeutics Corp.(1) | 12,334 | 3,393,453 | ||||||
32,190,848 | ||||||||
Broadline Retail — 2.6% | ||||||||
Amazon.com, Inc.(1) | 321,593 | 56,741,869 |
Coupang, Inc.(1) | 210,742 | 4,792,273 | ||||||
Dillard's, Inc., Class A | 2,808 | 1,256,159 | ||||||
Macy's, Inc. | 270,634 | 5,271,950 | ||||||
MercadoLibre, Inc.(1) | 14,436 | 24,910,473 | ||||||
92,972,724 | ||||||||
Building Products — 2.2% | ||||||||
A O Smith Corp. | 76,594 | 6,406,322 | ||||||
Advanced Drainage Systems, Inc. | 65,813 | 11,417,897 | ||||||
Armstrong World Industries, Inc. | 39,627 | 4,588,807 | ||||||
Builders FirstSource, Inc.(1) | 85,775 | 13,791,762 | ||||||
Carlisle Cos., Inc. | 34,887 | 14,592,883 | ||||||
Owens Corning | 71,151 | 12,883,312 | ||||||
Simpson Manufacturing Co., Inc. | 18,853 | 3,128,090 | ||||||
Trex Co., Inc.(1) | 94,706 | 8,190,175 | ||||||
UFP Industries, Inc. | 52,583 | 6,282,617 | ||||||
81,281,865 | ||||||||
Capital Markets — 1.6% | ||||||||
Ameriprise Financial, Inc. | 58,443 | 25,516,798 | ||||||
Goldman Sachs Group, Inc. | 21,079 | 9,622,985 | ||||||
Jefferies Financial Group, Inc. | 120,028 | 5,583,703 | ||||||
Morgan Stanley | 88,943 | 8,702,183 | ||||||
Northern Trust Corp. | 55,842 | 4,704,130 | ||||||
Raymond James Financial, Inc. | 34,073 | 4,182,461 | ||||||
XP, Inc., Class A | 4,155 | 78,903 | ||||||
58,391,163 | ||||||||
Chemicals — 2.4% | ||||||||
Cabot Corp. | 27,145 | 2,776,933 | ||||||
CF Industries Holdings, Inc. | 145,660 | 11,613,472 | ||||||
Chemours Co. | 60,090 | 1,491,434 | ||||||
Dow, Inc. | 317,058 | 18,272,053 | ||||||
Eastman Chemical Co. | 48,764 | 4,941,256 | ||||||
LyondellBasell Industries NV, Class A | 153,279 | 15,238,998 | ||||||
Mosaic Co. | 253,676 | 7,846,199 | ||||||
NewMarket Corp. | 6,973 | 3,731,043 | ||||||
Olin Corp. | 111,716 | 6,005,852 | ||||||
RPM International, Inc. | 89,183 | 9,997,414 | ||||||
Westlake Corp. | 23,851 | 3,829,517 | ||||||
85,744,171 | ||||||||
Construction and Engineering — 0.5% | ||||||||
Comfort Systems USA, Inc. | 12,691 | 4,154,272 | ||||||
EMCOR Group, Inc. | 36,460 | 14,170,544 | ||||||
18,324,816 | ||||||||
Construction Materials — 0.2% | ||||||||
Eagle Materials, Inc. | 33,270 | 7,731,616 | ||||||
Martin Marietta Materials, Inc. | 1,328 | 759,722 | ||||||
8,491,338 | ||||||||
Consumer Finance — 1.3% | ||||||||
Ally Financial, Inc. | 243,419 | 9,486,039 | ||||||
Capital One Financial Corp. | 128,656 | 17,706,925 | ||||||
Credit Acceptance Corp.(1) | 4 | 1,963 | ||||||
OneMain Holdings, Inc. | 104,904 | 5,152,885 | ||||||
Synchrony Financial | 315,129 | 13,802,650 | ||||||
46,150,462 | ||||||||
Consumer Staples Distribution & Retail — 6.5% | ||||||||
BJ's Wholesale Club Holdings, Inc.(1) | 87,904 | 7,741,705 |
Casey's General Stores, Inc. | 26,917 | 8,930,522 | ||||||
Costco Wholesale Corp. | 102,715 | 83,187,851 | ||||||
Dollar Tree, Inc.(1) | 121,090 | 14,282,566 | ||||||
Kroger Co. | 416,914 | 21,833,786 | ||||||
Sprouts Farmers Market, Inc.(1) | 108,536 | 8,572,173 | ||||||
Target Corp. | 210,654 | 32,895,729 | ||||||
Walmart, Inc. | 882,684 | 58,045,300 | ||||||
235,489,632 | ||||||||
Containers and Packaging — 1.1% | ||||||||
Graphic Packaging Holding Co. | 242,629 | 6,871,253 | ||||||
International Paper Co. | 177,920 | 8,022,413 | ||||||
Packaging Corp. of America | 65,754 | 12,065,201 | ||||||
Sonoco Products Co. | 54,821 | 3,364,365 | ||||||
Westrock Co. | 193,301 | 10,368,666 | ||||||
40,691,898 | ||||||||
Distributors — 0.2% | ||||||||
Pool Corp. | 20,534 | 7,465,136 | ||||||
Diversified Telecommunication Services — 2.3% | ||||||||
AT&T, Inc. | 1,496,934 | 27,274,137 | ||||||
Frontier Communications Parent, Inc.(1) | 214,678 | 5,723,315 | ||||||
Iridium Communications, Inc. | 4,487 | 135,104 | ||||||
Verizon Communications, Inc. | 1,247,758 | 51,345,242 | ||||||
84,477,798 | ||||||||
Electrical Equipment — 0.3% | ||||||||
Acuity Brands, Inc. | 19,991 | 5,189,864 | ||||||
Atkore, Inc. | 36,443 | 5,544,802 | ||||||
10,734,666 | ||||||||
Electronic Equipment, Instruments and Components — 0.8% | ||||||||
Arrow Electronics, Inc.(1) | 17,781 | 2,334,823 | ||||||
Corning, Inc. | 20,677 | 770,425 | ||||||
Flex Ltd.(1) | 23,406 | 775,441 | ||||||
Insight Enterprises, Inc.(1) | 28,781 | 5,626,685 | ||||||
Jabil, Inc. | 98,792 | 11,746,369 | ||||||
TD SYNNEX Corp. | 50,788 | 6,645,102 | ||||||
27,898,845 | ||||||||
Energy Equipment and Services — 1.2% | ||||||||
Baker Hughes Co. | 375,548 | 12,573,347 | ||||||
ChampionX Corp. | 136,423 | 4,450,118 | ||||||
Halliburton Co. | 282,110 | 10,353,437 | ||||||
Patterson-UTI Energy, Inc. | 26,909 | 296,537 | ||||||
TechnipFMC PLC | 293,610 | 7,689,646 | ||||||
Weatherford International PLC(1) | 54,047 | 6,504,016 | ||||||
41,867,101 | ||||||||
Financial Services — 0.7% | ||||||||
Corebridge Financial, Inc. | 12,383 | 361,212 | ||||||
Enact Holdings, Inc. | 3,345 | 102,725 | ||||||
Equitable Holdings, Inc. | 179,546 | 7,449,364 | ||||||
Essent Group Ltd. | 33,569 | 1,903,362 | ||||||
Jackson Financial, Inc., Class A | 21,956 | 1,668,876 | ||||||
MGIC Investment Corp. | 213,191 | 4,477,011 | ||||||
Visa, Inc., Class A | 38,031 | 10,361,926 | ||||||
26,324,476 | ||||||||
Food Products — 0.7% | ||||||||
Archer-Daniels-Midland Co. | 110,968 | 6,928,842 | ||||||
Bunge Global SA | 96,908 | 10,426,332 |
Flowers Foods, Inc. | 51,057 | 1,185,543 | ||||||
Hershey Co. | 4,096 | 810,312 | ||||||
Ingredion, Inc. | 56,160 | 6,603,293 | ||||||
Pilgrim's Pride Corp.(1) | 3,743 | 134,486 | ||||||
26,088,808 | ||||||||
Ground Transportation — 4.0% | ||||||||
CSX Corp. | 916,340 | 30,926,475 | ||||||
JB Hunt Transport Services, Inc. | 57,949 | 9,315,302 | ||||||
Landstar System, Inc. | 31,430 | 5,721,203 | ||||||
Norfolk Southern Corp. | 95,873 | 21,552,251 | ||||||
Old Dominion Freight Line, Inc. | 82,333 | 14,428,858 | ||||||
Ryder System, Inc. | 37,785 | 4,589,744 | ||||||
Saia, Inc.(1) | 17,719 | 7,255,576 | ||||||
Schneider National, Inc., Class B | 2,967 | 66,698 | ||||||
U-Haul Holding Co.(1) | 8,888 | 561,988 | ||||||
U-Haul Holding Co. | 61,209 | 3,720,895 | ||||||
Union Pacific Corp. | 195,521 | 45,521,199 | ||||||
143,660,189 | ||||||||
Health Care Equipment and Supplies — 0.0% | ||||||||
Lantheus Holdings, Inc.(1) | 2,455 | 200,893 | ||||||
Health Care Providers and Services — 0.8% | ||||||||
Centene Corp.(1) | 174,225 | 12,472,768 | ||||||
Ensign Group, Inc. | 38,600 | 4,679,864 | ||||||
Molina Healthcare, Inc.(1) | 37,836 | 11,902,449 | ||||||
29,055,081 | ||||||||
Hotels, Restaurants and Leisure — 2.3% | ||||||||
Boyd Gaming Corp. | 57,242 | 3,052,143 | ||||||
Carnival Corp.(1) | 550,216 | 8,297,257 | ||||||
Chipotle Mexican Grill, Inc.(1) | 7,969 | 24,939,145 | ||||||
Darden Restaurants, Inc. | 59,281 | 8,915,270 | ||||||
Las Vegas Sands Corp. | 124,279 | 5,596,283 | ||||||
Norwegian Cruise Line Holdings Ltd.(1) | 378,800 | 6,288,080 | ||||||
Royal Caribbean Cruises Ltd.(1) | 122,610 | 18,107,045 | ||||||
Texas Roadhouse, Inc. | 52,931 | 9,139,596 | ||||||
84,334,819 | ||||||||
Household Durables — 1.8% | ||||||||
DR Horton, Inc. | 17,078 | 2,524,128 | ||||||
Installed Building Products, Inc. | 17,508 | 3,708,895 | ||||||
KB Home | 52,289 | 3,691,603 | ||||||
Lennar Corp., B Shares | 5,136 | 751,191 | ||||||
Lennar Corp., Class A | 110,379 | 17,699,273 | ||||||
Meritage Homes Corp. | 325 | 57,314 | ||||||
Mohawk Industries, Inc.(1) | 35,070 | 4,276,085 | ||||||
NVR, Inc.(1) | 1,319 | 10,130,883 | ||||||
PulteGroup, Inc. | 116,101 | 13,620,969 | ||||||
Taylor Morrison Home Corp.(1) | 8,232 | 476,057 | ||||||
Toll Brothers, Inc. | 67,687 | 8,233,447 | ||||||
65,169,845 | ||||||||
Independent Power and Renewable Electricity Producers — 0.4% | ||||||||
AES Corp. | 578,493 | 12,489,664 | ||||||
Insurance — 5.7% | ||||||||
Aflac, Inc. | 88,900 | 7,989,443 | ||||||
American Financial Group, Inc. | 50,879 | 6,609,691 | ||||||
American International Group, Inc. | 323,970 | 25,535,315 | ||||||
Arch Capital Group Ltd.(1) | 153,903 | 15,795,065 |
Axis Capital Holdings Ltd. | 69,560 | 5,139,093 | ||||||
CNA Financial Corp. | 12,257 | 563,087 | ||||||
Everest Group Ltd. | 23,780 | 9,296,315 | ||||||
F&G Annuities & Life, Inc. | 3,630 | 146,688 | ||||||
Fidelity National Financial, Inc. | 58,035 | 2,922,643 | ||||||
Globe Life, Inc. | 47,713 | 3,948,728 | ||||||
Hartford Financial Services Group, Inc. | 206,429 | 21,355,080 | ||||||
Markel Group, Inc.(1) | 3,330 | 5,466,495 | ||||||
MetLife, Inc. | 229,442 | 16,604,718 | ||||||
Old Republic International Corp. | 72,642 | 2,308,563 | ||||||
Primerica, Inc. | 32,078 | 7,246,099 | ||||||
Principal Financial Group, Inc. | 65,823 | 5,400,119 | ||||||
Progressive Corp. | 12,018 | 2,537,961 | ||||||
Prudential Financial, Inc. | 146,046 | 17,576,636 | ||||||
Reinsurance Group of America, Inc. | 45,583 | 9,563,313 | ||||||
RenaissanceRe Holdings Ltd. | 20,275 | 4,619,861 | ||||||
Travelers Cos., Inc. | 128,021 | 27,614,130 | ||||||
Unum Group | 110,019 | 5,925,623 | ||||||
W R Berkley Corp. | 9,756 | 790,529 | ||||||
204,955,195 | ||||||||
Interactive Media and Services — 5.3% | ||||||||
Alphabet, Inc., Class A(1) | 298,329 | 51,461,753 | ||||||
Alphabet, Inc., Class C(1) | 249,314 | 43,370,663 | ||||||
Meta Platforms, Inc., Class A | 209,504 | 97,802,752 | ||||||
192,635,168 | ||||||||
IT Services — 0.0% | ||||||||
DXC Technology Co.(1) | 4,496 | 69,913 | ||||||
Kyndryl Holdings, Inc.(1) | 22,045 | 586,617 | ||||||
656,530 | ||||||||
Leisure Products — 0.3% | ||||||||
Brunswick Corp. | 55,019 | 4,540,718 | ||||||
Mattel, Inc.(1) | 131,845 | 2,345,523 | ||||||
Polaris, Inc. | 33,754 | 2,821,834 | ||||||
9,708,075 | ||||||||
Machinery — 4.7% | ||||||||
AGCO Corp. | 52,401 | 5,624,199 | ||||||
Atmus Filtration Technologies, Inc.(1) | 15,919 | 490,942 | ||||||
Caterpillar, Inc. | 159,505 | 53,995,633 | ||||||
Cummins, Inc. | 70,221 | 19,783,362 | ||||||
Deere & Co. | 97,005 | 36,353,594 | ||||||
Donaldson Co., Inc. | 97,723 | 7,200,231 | ||||||
Lincoln Electric Holdings, Inc. | 34,976 | 6,867,887 | ||||||
Mueller Industries, Inc. | 105,407 | 6,209,527 | ||||||
PACCAR, Inc. | 266,596 | 28,659,070 | ||||||
Snap-on, Inc. | 4,520 | 1,233,327 | ||||||
Timken Co. | 42,124 | 3,660,154 | ||||||
170,077,926 | ||||||||
Media — 1.5% | ||||||||
Comcast Corp., Class A | 1,101,625 | 44,098,049 | ||||||
Fox Corp., Class A | 166,594 | 5,735,831 | ||||||
Fox Corp., Class B | 84,663 | 2,704,136 | ||||||
52,538,016 | ||||||||
Metals and Mining — 1.9% | ||||||||
Alpha Metallurgical Resources, Inc. | 3,457 | 1,090,372 | ||||||
ATI, Inc.(1) | 70,390 | 4,317,723 |
Cleveland-Cliffs, Inc.(1) | 432,549 | 7,474,447 | ||||||
Commercial Metals Co. | 100,293 | 5,648,502 | ||||||
Nucor Corp. | 132,005 | 22,289,044 | ||||||
Reliance, Inc. | 30,972 | 9,315,758 | ||||||
Steel Dynamics, Inc. | 112,329 | 15,037,483 | ||||||
U.S. Steel Corp. | 136,726 | 5,243,442 | ||||||
70,416,771 | ||||||||
Oil, Gas and Consumable Fuels — 14.0% | ||||||||
Antero Midstream Corp. | 176,311 | 2,582,956 | ||||||
Antero Resources Corp.(1) | 7,312 | 260,527 | ||||||
APA Corp. | 197,208 | 6,020,760 | ||||||
Cheniere Energy, Inc. | 99,806 | 15,748,389 | ||||||
Chesapeake Energy Corp. | 79,411 | 7,220,842 | ||||||
Chevron Corp. | 333,787 | 54,173,630 | ||||||
Chord Energy Corp. | 28,856 | 5,350,191 | ||||||
Civitas Resources, Inc. | 80,103 | 5,892,377 | ||||||
ConocoPhillips | 306,527 | 35,704,265 | ||||||
Coterra Energy, Inc. | 422,475 | 12,048,987 | ||||||
Devon Energy Corp. | 337,734 | 16,575,985 | ||||||
Diamondback Energy, Inc. | 86,174 | 17,171,031 | ||||||
EnLink Midstream LLC(1) | 170,294 | 2,161,031 | ||||||
EOG Resources, Inc. | 185,768 | 23,137,404 | ||||||
EQT Corp. | 221,982 | 9,121,240 | ||||||
Equitrans Midstream Corp. | 125,680 | 1,794,710 | ||||||
Exxon Mobil Corp. | 713,490 | 83,663,838 | ||||||
Hess Corp. | 125,023 | 19,266,044 | ||||||
Hess Midstream LP, Class A | 49,983 | 1,736,909 | ||||||
HF Sinclair Corp. | 106,317 | 5,871,888 | ||||||
Magnolia Oil & Gas Corp., Class A | 102,557 | 2,661,354 | ||||||
Marathon Oil Corp. | 381,067 | 11,035,700 | ||||||
Marathon Petroleum Corp. | 128,471 | 22,689,263 | ||||||
Matador Resources Co. | 81,758 | 5,187,545 | ||||||
Murphy Oil Corp. | 108,672 | 4,650,075 | ||||||
New Fortress Energy, Inc. | 64,764 | 1,641,767 | ||||||
Occidental Petroleum Corp. | 269,178 | 16,823,625 | ||||||
ONEOK, Inc. | 29,003 | 2,349,243 | ||||||
Ovintiv, Inc. | 184,075 | 9,511,155 | ||||||
PBF Energy, Inc., Class A | 75,118 | 3,480,217 | ||||||
Permian Resources Corp. | 370,878 | 6,078,691 | ||||||
Phillips 66 | 148,061 | 21,040,949 | ||||||
Range Resources Corp. | 159,170 | 5,874,965 | ||||||
SM Energy Co. | 102,983 | 5,193,433 | ||||||
Southwestern Energy Co.(1) | 538,428 | 4,054,363 | ||||||
Targa Resources Corp. | 123,986 | 14,658,865 | ||||||
Texas Pacific Land Corp. | 8,171 | 5,019,527 | ||||||
Valero Energy Corp. | 139,124 | 21,861,945 | ||||||
Williams Cos., Inc. | 458,364 | 19,026,690 | ||||||
508,342,376 | ||||||||
Paper and Forest Products — 0.0% | ||||||||
Louisiana-Pacific Corp. | 3,327 | 305,019 | ||||||
Passenger Airlines — 1.2% | ||||||||
Alaska Air Group, Inc.(1) | 95,548 | 4,014,927 | ||||||
Delta Air Lines, Inc. | 274,322 | 13,995,908 | ||||||
Southwest Airlines Co. | 385,420 | 10,344,673 |
United Airlines Holdings, Inc.(1) | 262,735 | 13,922,328 | ||||||
42,277,836 | ||||||||
Pharmaceuticals — 2.1% | ||||||||
Bristol-Myers Squibb Co. | 11,912 | 489,464 | ||||||
Jazz Pharmaceuticals PLC(1) | 44,802 | 4,715,410 | ||||||
Johnson & Johnson | 433,892 | 63,638,940 | ||||||
Viatris, Inc. | 813,493 | 8,623,026 | ||||||
77,466,840 | ||||||||
Professional Services — 0.3% | ||||||||
Paychex, Inc. | 45,763 | 5,498,882 | ||||||
Paycom Software, Inc. | 8,508 | 1,236,382 | ||||||
Robert Half, Inc. | 89,321 | 5,737,088 | ||||||
12,472,352 | ||||||||
Semiconductors and Semiconductor Equipment — 4.8% | ||||||||
Amkor Technology, Inc. | 113,345 | 3,693,913 | ||||||
Applied Materials, Inc. | 262,086 | 56,369,457 | ||||||
Enphase Energy, Inc.(1) | 17,054 | 2,181,207 | ||||||
First Solar, Inc.(1) | 11,537 | 3,135,295 | ||||||
Lam Research Corp. | 47,651 | 44,431,698 | ||||||
QUALCOMM, Inc. | 227,609 | 46,443,616 | ||||||
Skyworks Solutions, Inc. | 80,654 | 7,473,400 | ||||||
Texas Instruments, Inc. | 46,670 | 9,101,117 | ||||||
172,829,703 | ||||||||
Software — 0.1% | ||||||||
Pegasystems, Inc. | 1,399 | 80,386 | ||||||
Qualys, Inc.(1) | 29,827 | 4,194,273 | ||||||
4,274,659 | ||||||||
Specialty Retail — 4.4% | ||||||||
Abercrombie & Fitch Co., Class A(1) | 52,436 | 9,064,611 | ||||||
Academy Sports & Outdoors, Inc. | 32,527 | 1,876,483 | ||||||
Best Buy Co., Inc. | 117,240 | 9,944,297 | ||||||
Burlington Stores, Inc.(1) | 55,429 | 13,305,731 | ||||||
CarMax, Inc.(1) | 12,458 | 875,299 | ||||||
Chewy, Inc., Class A(1) | 8,710 | 184,739 | ||||||
Dick's Sporting Goods, Inc. | 43,979 | 10,011,380 | ||||||
Floor & Decor Holdings, Inc., Class A(1) | 82,081 | 9,591,986 | ||||||
Gap, Inc. | 243,805 | 7,060,593 | ||||||
Murphy USA, Inc. | 14,040 | 6,160,050 | ||||||
Ross Stores, Inc. | 130,535 | 18,243,572 | ||||||
TJX Cos., Inc. | 315,586 | 32,536,917 | ||||||
Tractor Supply Co. | 55,146 | 15,732,602 | ||||||
Ulta Beauty, Inc.(1) | 28,794 | 11,376,221 | ||||||
Williams-Sonoma, Inc. | 45,970 | 13,479,323 | ||||||
159,443,804 | ||||||||
Technology Hardware, Storage and Peripherals — 3.0% | ||||||||
Apple, Inc. | 558,411 | 107,354,515 | ||||||
Textiles, Apparel and Luxury Goods — 2.3% | ||||||||
Capri Holdings Ltd.(1) | 2,448 | 84,578 | ||||||
Columbia Sportswear Co. | 3,287 | 281,433 | ||||||
Crocs, Inc.(1) | 54,480 | 8,479,267 | ||||||
Deckers Outdoor Corp.(1) | 16,179 | 17,698,532 | ||||||
Levi Strauss & Co., Class A | 76,877 | 1,845,817 | ||||||
Lululemon Athletica, Inc.(1) | 45,628 | 14,235,480 | ||||||
NIKE, Inc., Class B | 165,342 | 15,715,757 | ||||||
PVH Corp. | 33,436 | 4,012,654 |
Ralph Lauren Corp. | 29,561 | 5,524,360 | ||||||
Skechers USA, Inc., Class A(1) | 87,315 | 6,236,037 | ||||||
Tapestry, Inc. | 213,696 | 9,293,639 | ||||||
VF Corp. | 21,111 | 280,354 | ||||||
83,687,908 | ||||||||
Trading Companies and Distributors — 2.3% | ||||||||
Air Lease Corp. | 87,112 | 4,150,016 | ||||||
Applied Industrial Technologies, Inc. | 15,699 | 3,029,907 | ||||||
Boise Cascade Co. | 36,099 | 4,956,032 | ||||||
Fastenal Co. | 310,782 | 20,505,396 | ||||||
FTAI Aviation Ltd. | 9,249 | 779,876 | ||||||
MSC Industrial Direct Co., Inc., Class A | 31,544 | 2,709,629 | ||||||
United Rentals, Inc. | 35,048 | 23,461,481 | ||||||
WESCO International, Inc. | 4,624 | 829,962 | ||||||
WW Grainger, Inc. | 24,656 | 22,719,518 | ||||||
83,141,817 | ||||||||
Wireless Telecommunication Services — 0.7% | ||||||||
T-Mobile U.S., Inc. | 147,186 | 25,751,663 | ||||||
TOTAL COMMON STOCKS (Cost $3,220,761,648) | 3,613,006,444 | |||||||
SHORT-TERM INVESTMENTS — 0.1% | ||||||||
Money Market Funds — 0.1% | ||||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class (Cost $3,163,042) | 3,163,042 | 3,163,042 | ||||||
TOTAL INVESTMENT SECURITIES — 99.8% (Cost $3,223,924,690) | 3,616,169,486 | |||||||
OTHER ASSETS AND LIABILITIES — 0.2% | 6,123,557 | |||||||
TOTAL NET ASSETS — 100.0% | $ | 3,622,293,043 |
NOTES TO SCHEDULE OF INVESTMENTS |