Shares | Market Value ($000) | |||||
Common Stocks (99.4%) | ||||||
Basic Materials (3.8%) | ||||||
Fastenal Co. | 13,388,297 | 603,678 | ||||
Newmont Corp. | 9,304,054 | 590,342 | ||||
Freeport-McMoRan Inc. | 33,720,156 | 527,383 | ||||
International Paper Co. | 9,128,908 | 370,086 | ||||
FMC Corp. | 3,008,320 | 318,611 | ||||
Nucor Corp. | 7,048,400 | 316,191 | ||||
1 | International Flavors & Fragrances Inc. | 2,445,550 | 299,458 | |||
Celanese Corp. Class A | 2,769,417 | 297,574 | ||||
Avery Dennison Corp. | 1,949,991 | 249,287 | ||||
Eastman Chemical Co. | 3,172,660 | 247,848 | ||||
Albemarle Corp. | 2,466,943 | 220,249 | ||||
LyondellBasell Industries NV Class A | 2,923,432 | 206,073 | ||||
CF Industries Holdings Inc. | 2,500,437 | 76,788 | ||||
Westlake Chemical Corp. | 366,577 | 23,175 | ||||
4,346,743 | ||||||
Consumer Discretionary (15.5%) | ||||||
* | Lululemon Athletica Inc. | 2,762,894 | 910,014 | |||
*,1 | Chipotle Mexican Grill Inc. Class A | 652,559 | 811,594 | |||
DR Horton Inc. | 8,008,046 | 605,649 | ||||
Best Buy Co. Inc. | 5,401,263 | 601,107 | ||||
Aptiv plc | 6,295,827 | 577,201 | ||||
Lennar Corp. Class A | 6,452,759 | 527,061 | ||||
* | Copart Inc. | 4,908,431 | 516,171 | |||
* | Trade Desk Inc. Class A | 974,740 | 505,676 | |||
* | Dollar Tree Inc. | 5,527,491 | 504,881 | |||
Delta Air Lines Inc. | 14,881,175 | 455,066 | ||||
* | Wayfair Inc. Class A | 1,517,254 | 441,536 | |||
* | Take-Two Interactive Software Inc. | 2,653,121 | 438,349 | |||
Domino's Pizza Inc. | 917,622 | 390,246 | ||||
Tractor Supply Co. | 2,712,041 | 388,744 | ||||
* | Carvana Co. Class A | 1,620,387 | 361,444 | |||
ViacomCBS Inc. Class B | 12,573,293 | 352,178 | ||||
* | CarMax Inc. | 3,804,178 | 349,642 | |||
*,1 | DraftKings Inc. Class A | 5,824,698 | 342,725 | |||
* | NVR Inc. | 82,114 | 335,281 | |||
Tiffany & Co. | 2,829,389 | 327,785 | ||||
* | AutoZone Inc. | 273,855 | 322,503 | |||
Garmin Ltd. | 3,367,955 | 319,484 | ||||
Darden Restaurants Inc. | 3,042,876 | 306,539 | ||||
Genuine Parts Co. | 3,214,962 | 305,968 | ||||
Expedia Group Inc. | 3,170,503 | 290,703 |
Shares | Market Value ($000) | |||||
* | Ulta Beauty Inc. | 1,249,810 | 279,932 | |||
Hilton Worldwide Holdings Inc. | 3,244,699 | 276,838 | ||||
Royal Caribbean Cruises Ltd. | 4,247,976 | 274,972 | ||||
Fortune Brands Home & Security Inc. | 3,171,191 | 274,371 | ||||
PulteGroup Inc. | 5,853,808 | 270,973 | ||||
Whirlpool Corp. | 1,460,050 | 268,489 | ||||
Southwest Airlines Co. | 6,881,590 | 258,060 | ||||
Hasbro Inc. | 3,038,814 | 251,371 | ||||
Advance Auto Parts Inc. | 1,620,293 | 248,715 | ||||
Omnicom Group Inc. | 5,002,847 | 247,641 | ||||
* | Peloton Interactive Inc. Class A | 2,288,378 | 227,099 | |||
* | United Airlines Holdings Inc. | 6,404,237 | 222,547 | |||
MGM Resorts International | 9,192,509 | 199,937 | ||||
1 | Carnival Corp. | 12,951,211 | 196,599 | |||
BorgWarner Inc. | 4,855,175 | 188,089 | ||||
Rollins Inc. | 3,423,999 | 185,547 | ||||
* | Live Nation Entertainment Inc. | 3,303,751 | 178,006 | |||
Fox Corp. Class A | 6,126,211 | 170,492 | ||||
* | LKQ Corp. | 5,982,976 | 165,908 | |||
Wynn Resorts Ltd. | 2,266,620 | 162,766 | ||||
News Corp. Class A | 11,492,386 | 161,123 | ||||
* | Burlington Stores Inc. | 775,014 | 159,723 | |||
Fox Corp. Class B | 5,548,473 | 155,191 | ||||
* | Lyft Inc. Class A | 5,291,573 | 145,783 | |||
* | Discovery Inc. Class C | 7,359,499 | 144,246 | |||
* | Liberty Media Corp.-Liberty SiriusXM Class C | 3,757,787 | 124,308 | |||
Vail Resorts Inc. | 469,557 | 100,471 | ||||
* | Chewy Inc. Class A | 1,659,331 | 90,981 | |||
Lear Corp. | 701,494 | 76,498 | ||||
Interpublic Group of Cos. Inc. | 4,558,994 | 75,998 | ||||
*,1 | Discovery Inc. Class A | 3,427,075 | 74,607 | |||
1 | American Airlines Group Inc. | 5,839,580 | 71,768 | |||
Aramark | 2,674,692 | 70,746 | ||||
Sirius XM Holdings Inc. | 12,839,765 | 68,821 | ||||
* | Mohawk Industries Inc. | 667,516 | 65,143 | |||
* | Liberty Media Corp.-Liberty SiriusXM Class A | 1,963,795 | 65,139 | |||
Warner Music Group Corp. Class A | 1,833,190 | 52,686 | ||||
Lennar Corp. Class B | 212,980 | 13,984 | ||||
News Corp. Class B | 356,118 | 4,979 | ||||
ViacomCBS Inc. Class A | 152,862 | 4,630 | ||||
17,562,724 | ||||||
Consumer Staples (4.7%) | ||||||
Clorox Co. | 2,942,137 | 618,349 | ||||
McCormick & Co. Inc. (Non-Voting) | 2,890,705 | 561,086 | ||||
Church & Dwight Co. Inc. | 5,761,861 | 539,944 | ||||
Corteva Inc. | 17,449,260 | 502,713 | ||||
Tyson Foods Inc. Class A | 6,864,504 | 408,301 | ||||
Kellogg Co. | 5,998,662 | 387,454 | ||||
Conagra Brands Inc. | 10,815,009 | 386,204 | ||||
AmerisourceBergen Corp. Class A | 3,323,816 | 322,144 | ||||
Archer-Daniels-Midland Co. | 6,496,580 | 302,026 | ||||
J M Smucker Co. | 2,523,989 | 291,571 | ||||
Hormel Foods Corp. | 5,792,212 | 283,181 | ||||
McKesson Corp. | 1,890,451 | 281,545 | ||||
Lamb Weston Holdings Inc. | 3,382,582 | 224,164 | ||||
Campbell Soup Co. | 2,571,122 | 124,365 |
Shares | Market Value ($000) | |||||
Molson Coors Beverage Co. Class B | 2,040,358 | 68,474 | ||||
5,301,521 | ||||||
Energy (2.6%) | ||||||
Pioneer Natural Resources Co. | 3,830,621 | 329,395 | ||||
ONEOK Inc. | 10,354,337 | 269,006 | ||||
Phillips 66 | 5,100,510 | 264,410 | ||||
Hess Corp. | 6,442,796 | 263,704 | ||||
* | Cheniere Energy Inc. | 5,285,315 | 244,551 | |||
Williams Cos. Inc. | 12,183,640 | 239,409 | ||||
Marathon Petroleum Corp. | 7,587,978 | 222,631 | ||||
Halliburton Co. | 18,334,695 | 220,933 | ||||
Occidental Petroleum Corp. | 21,629,042 | 216,507 | ||||
Valero Energy Corp. | 4,769,227 | 206,603 | ||||
Concho Resources Inc. | 4,595,799 | 202,767 | ||||
Baker Hughes Co. Class A | 14,516,502 | 192,924 | ||||
Diamondback Energy Inc. | 1,800,168 | 54,221 | ||||
2,927,061 | ||||||
Financials (11.1%) | ||||||
MSCI Inc. Class A | 1,840,101 | 656,511 | ||||
IHS Markit Ltd. | 8,315,703 | 652,866 | ||||
Willis Towers Watson plc | 3,008,666 | 628,270 | ||||
Arthur J Gallagher & Co. | 4,473,822 | 472,346 | ||||
First Republic Bank | 3,998,672 | 436,095 | ||||
Ameriprise Financial Inc. | 2,803,921 | 432,112 | ||||
KKR & Co. Inc. | 12,334,558 | 423,569 | ||||
Discover Financial Services | 7,121,011 | 411,452 | ||||
MarketAxess Holdings Inc. | 835,136 | 402,193 | ||||
Northern Trust Corp. | 4,625,533 | 360,653 | ||||
Fifth Third Bancorp | 16,648,674 | 354,950 | ||||
Broadridge Financial Solutions Inc. | 2,675,474 | 353,163 | ||||
Nasdaq Inc. | 2,674,934 | 328,241 | ||||
Hartford Financial Services Group Inc. | 8,360,935 | 308,184 | ||||
* | Markel Corp. | 306,412 | 298,353 | |||
FactSet Research Systems Inc. | 876,933 | 293,667 | ||||
* | SVB Financial Group | 1,200,656 | 288,902 | |||
Cincinnati Financial Corp. | 3,565,430 | 277,997 | ||||
American International Group Inc. | 10,021,801 | 275,900 | ||||
KeyCorp | 22,834,653 | 272,417 | ||||
* | Arch Capital Group Ltd. | 9,007,399 | 263,466 | |||
M&T Bank Corp. | 2,845,466 | 262,039 | ||||
Regions Financial Corp. | 22,500,198 | 259,427 | ||||
Principal Financial Group Inc. | 6,375,181 | 256,729 | ||||
E*TRADE Financial Corp. | 5,092,511 | 254,880 | ||||
Citizens Financial Group Inc. | 9,979,609 | 252,285 | ||||
Annaly Capital Management Inc. | 32,686,123 | 232,725 | ||||
State Street Corp. | 3,889,011 | 230,735 | ||||
Cboe Global Markets Inc. | 2,552,755 | 223,979 | ||||
Huntington Bancshares Inc. | 23,770,462 | 217,975 | ||||
Ally Financial Inc. | 8,660,694 | 217,124 | ||||
Fidelity National Financial Inc. | 6,467,413 | 202,495 | ||||
Loews Corp. | 5,570,263 | 193,567 | ||||
W R Berkley Corp. | 3,124,730 | 191,077 | ||||
Everest Re Group Ltd. | 932,650 | 184,236 | ||||
Globe Life Inc. | 2,245,802 | 179,440 | ||||
Raymond James Financial Inc. | 2,457,064 | 178,776 | ||||
Equitable Holdings Inc. | 9,342,131 | 170,400 | ||||
Franklin Resources Inc. | 6,379,497 | 129,823 |
Shares | Market Value ($000) | |||||
TD Ameritrade Holding Corp. | 3,156,689 | 123,584 | ||||
AGNC Investment Corp. | 6,460,747 | 89,869 | ||||
Interactive Brokers Group Inc. Class A | 1,730,519 | 83,636 | ||||
Alleghany Corp. | 160,506 | 83,535 | ||||
SEI Investments Co. | 1,605,725 | 81,442 | ||||
Lincoln National Corp. | 2,089,670 | 65,469 | ||||
12,556,554 | ||||||
Health Care (12.0%) | ||||||
* | DexCom Inc. | 2,238,379 | 922,727 | |||
* | Veeva Systems Inc. Class A | 3,138,181 | 882,425 | |||
* | Centene Corp. | 13,506,281 | 787,821 | |||
* | IDEXX Laboratories Inc. | 1,982,091 | 779,180 | |||
* | IQVIA Holdings Inc. | 4,463,394 | 703,565 | |||
ResMed Inc. | 3,385,727 | 580,415 | ||||
* | Seattle Genetics Inc. | 2,836,710 | 555,116 | |||
* | Align Technology Inc. | 1,645,566 | 538,693 | |||
* | Moderna Inc. | 7,356,368 | 520,463 | |||
Cerner Corp. | 7,126,048 | 515,142 | ||||
West Pharmaceutical Services Inc. | 1,710,448 | 470,202 | ||||
* | Laboratory Corp. of America Holdings | 2,274,485 | 428,217 | |||
Cooper Cos. Inc. | 1,247,328 | 420,499 | ||||
* | Hologic Inc. | 6,039,257 | 401,429 | |||
* | Alnylam Pharmaceuticals Inc. | 2,702,255 | 393,448 | |||
* | Incyte Corp. | 4,334,650 | 388,992 | |||
Teleflex Inc. | 1,090,291 | 371,157 | ||||
* | Varian Medical Systems Inc. | 2,113,291 | 363,486 | |||
Quest Diagnostics Inc. | 3,131,168 | 358,487 | ||||
* | Exact Sciences Corp. | 3,498,467 | 356,669 | |||
* | BioMarin Pharmaceutical Inc. | 4,232,821 | 322,033 | |||
Cardinal Health Inc. | 6,808,049 | 319,638 | ||||
* | Elanco Animal Health Inc. | 11,012,512 | 307,579 | |||
* | ABIOMED Inc. | 1,040,212 | 288,201 | |||
* | Alexion Pharmaceuticals Inc. | 2,431,460 | 278,232 | |||
DENTSPLY SIRONA Inc. | 5,120,526 | 223,921 | ||||
* | Teladoc Health Inc. | 951,667 | 208,644 | |||
* | Henry Schein Inc. | 3,329,906 | 195,732 | |||
Universal Health Services Inc. Class B | 1,723,548 | 184,454 | ||||
*,1 | DaVita Inc. | 1,737,112 | 148,784 | |||
* | PPD Inc. | 3,274,147 | 121,111 | |||
* | Mylan NV | 6,015,730 | 89,213 | |||
Perrigo Co. plc | 1,592,058 | 73,091 | ||||
* | GoodRx Holdings Inc. Class A | 802,208 | 44,603 | |||
13,543,369 | ||||||
Industrials (13.2%) | ||||||
Verisk Analytics Inc. Class A | 3,808,079 | 705,675 | ||||
Cintas Corp. | 2,047,306 | 681,405 | ||||
Ball Corp. | 7,632,287 | 634,396 | ||||
Carrier Global Corp. | 20,203,868 | 617,026 | ||||
TransDigm Group Inc. | 1,200,380 | 570,325 | ||||
* | Mettler-Toledo International Inc. | 558,862 | 539,721 | |||
AMETEK Inc. | 5,382,915 | 535,062 | ||||
* | FleetCor Technologies Inc. | 1,950,944 | 464,520 | |||
Equifax Inc. | 2,839,123 | 445,458 | ||||
Old Dominion Freight Line Inc. | 2,450,600 | 443,363 | ||||
* | Keysight Technologies Inc. | 4,367,376 | 431,409 | |||
Vulcan Materials Co. | 3,091,233 | 418,986 | ||||
Kansas City Southern | 2,202,789 | 398,330 |
Shares | Market Value ($000) | |||||
WW Grainger Inc. | 1,067,718 | 380,930 | ||||
TransUnion | 4,420,799 | 371,922 | ||||
Dover Corp. | 3,363,017 | 364,349 | ||||
Expeditors International of Washington Inc. | 3,927,788 | 355,543 | ||||
Xylem Inc. | 4,196,643 | 353,022 | ||||
Martin Marietta Materials Inc. | 1,457,035 | 342,928 | ||||
Masco Corp. | 6,115,787 | 337,163 | ||||
Synchrony Financial | 12,872,677 | 336,878 | ||||
CH Robinson Worldwide Inc. | 3,143,931 | 321,278 | ||||
Otis Worldwide Corp. | 5,049,818 | 315,210 | ||||
* | Ingersoll Rand Inc. | 8,727,946 | 310,715 | |||
Rockwell Automation Inc. | 1,342,315 | 296,222 | ||||
* | United Rentals Inc. | 1,660,232 | 289,710 | |||
Fortive Corp. | 3,736,926 | 284,791 | ||||
* | Trimble Inc. | 5,827,476 | 283,798 | |||
* | Waters Corp. | 1,447,940 | 283,333 | |||
Jacobs Engineering Group Inc. | 3,039,341 | 281,960 | ||||
Westinghouse Air Brake Technologies Corp. | 4,231,098 | 261,820 | ||||
JB Hunt Transport Services Inc. | 1,979,420 | 250,159 | ||||
* | Crown Holdings Inc. | 3,135,814 | 241,019 | |||
Packaging Corp. of America | 2,201,735 | 240,099 | ||||
Westrock Co. | 6,042,890 | 209,930 | ||||
Western Union Co. | 9,507,921 | 203,755 | ||||
Textron Inc. | 5,334,169 | 192,510 | ||||
Snap-on Inc. | 1,268,691 | 186,663 | ||||
HEICO Corp. Class A | 1,781,509 | 157,949 | ||||
Jack Henry & Associates Inc. | 874,141 | 142,127 | ||||
Cognex Corp. | 1,911,539 | 124,441 | ||||
HEICO Corp. | 875,152 | 91,593 | ||||
* | XPO Logistics Inc. | 1,051,017 | 88,979 | |||
Hubbell Inc. Class B | 644,960 | 88,256 | ||||
*,1 | Nikola Corp. | 3,541,220 | 72,524 | |||
Huntington Ingalls Industries Inc. | 476,990 | 67,136 | ||||
15,014,388 | ||||||
Other (0.0%)2 | ||||||
*,3 | American International Group Inc. Warrants Exp. 01/19/2021 | 8,771 | — | |||
Real Estate (8.7%) | ||||||
Digital Realty Trust Inc. | 6,272,135 | 920,499 | ||||
SBA Communications Corp. Class A | 2,609,052 | 830,931 | ||||
* | CoStar Group Inc. | 896,205 | 760,439 | |||
Weyerhaeuser Co. | 17,373,860 | 495,502 | ||||
AvalonBay Communities Inc. | 3,282,866 | 490,263 | ||||
Realty Income Corp. | 8,063,984 | 489,887 | ||||
Alexandria Real Estate Equities Inc. | 2,938,048 | 470,088 | ||||
Ventas Inc. | 8,714,419 | 365,657 | ||||
Invitation Homes Inc. | 12,942,180 | 362,252 | ||||
* | CBRE Group Inc. Class A | 7,450,708 | 349,960 | |||
Healthpeak Properties Inc. | 12,559,100 | 340,980 | ||||
Extra Space Storage Inc. | 3,018,927 | 322,995 | ||||
Sun Communities Inc. | 2,295,874 | 322,823 | ||||
Duke Realty Corp. | 8,652,023 | 319,260 | ||||
Mid-America Apartment Communities Inc. | 2,682,119 | 310,992 | ||||
Essex Property Trust Inc. | 1,519,547 | 305,110 | ||||
Welltower Inc. | 4,875,026 | 268,565 | ||||
WP Carey Inc. | 4,056,014 | 264,290 | ||||
Boston Properties Inc. | 3,277,535 | 263,186 | ||||
Simon Property Group Inc. | 3,560,576 | 230,298 |
Shares | Market Value ($000) | |||||
UDR Inc. | 6,893,099 | 224,784 | ||||
Equity Residential | 4,319,619 | 221,726 | ||||
* | Zillow Group Inc. Class C | 2,077,792 | 211,083 | |||
Camden Property Trust | 2,275,742 | 202,495 | ||||
Iron Mountain Inc. | 6,725,930 | 180,188 | ||||
Host Hotels & Resorts Inc. | 8,216,407 | 88,655 | ||||
VEREIT Inc. | 12,503,145 | 81,270 | ||||
Regency Centers Corp. | 1,992,342 | 75,749 | ||||
Vornado Realty Trust | 2,008,320 | 67,700 | ||||
Federal Realty Investment Trust | 886,103 | 65,075 | ||||
* | Zillow Group Inc. Class A | 117,229 | 11,903 | |||
9,914,605 | ||||||
Technology (18.9%) | ||||||
* | DocuSign Inc. Class A | 4,105,749 | 883,721 | |||
* | Twilio Inc. Class A | 3,225,207 | 796,916 | |||
* | Twitter Inc. | 17,546,436 | 780,816 | |||
* | Synopsys Inc. | 3,544,920 | 758,542 | |||
Amphenol Corp. Class A | 6,985,414 | 756,311 | ||||
KLA Corp. | 3,622,604 | 701,843 | ||||
* | Splunk Inc. | 3,719,241 | 699,701 | |||
* | Cadence Design Systems Inc. | 6,511,198 | 694,289 | |||
* | ANSYS Inc. | 1,993,427 | 652,309 | |||
* | Snap Inc. Class A | 24,076,342 | 628,633 | |||
* | Match Group Inc. | 5,613,381 | 621,121 | |||
Marvell Technology Group Ltd. | 15,506,419 | 615,605 | ||||
Microchip Technology Inc. | 5,884,203 | 604,661 | ||||
Xilinx Inc. | 5,708,860 | 595,092 | ||||
* | Okta Inc. Class A | 2,695,894 | 576,517 | |||
Corning Inc. | 17,780,038 | 576,251 | ||||
Skyworks Solutions Inc. | 3,865,223 | 562,390 | ||||
* | Palo Alto Networks Inc. | 2,122,628 | 519,513 | |||
* | RingCentral Inc. Class A | 1,824,984 | 501,159 | |||
* | VeriSign Inc. | 2,261,106 | 463,188 | |||
* | Crowdstrike Holdings Inc. Class A | 3,333,782 | 457,795 | |||
* | Pinterest Inc. Class A | 10,796,816 | 448,176 | |||
Maxim Integrated Products Inc. | 6,246,294 | 422,312 | ||||
* | Akamai Technologies Inc. | 3,766,939 | 416,397 | |||
CDW Corp. | 3,336,335 | 398,792 | ||||
Citrix Systems Inc. | 2,870,550 | 395,303 | ||||
* | Datadog Inc. Class A | 3,779,542 | 386,118 | |||
* | Fortinet Inc. | 3,188,756 | 375,667 | |||
* | Paycom Software Inc. | 1,157,754 | 360,409 | |||
* | Qorvo Inc. | 2,668,571 | 344,272 | |||
SS&C Technologies Holdings Inc. | 5,032,837 | 304,587 | ||||
* | Black Knight Inc. | 3,423,363 | 298,004 | |||
* | GoDaddy Inc. Class A | 3,859,493 | 293,206 | |||
Hewlett Packard Enterprise Co. | 29,988,422 | 280,992 | ||||
NortonLifeLock Inc. | 12,989,574 | 270,703 | ||||
* | Slack Technologies Inc. Class A | 9,591,507 | 257,628 | |||
* | Arista Networks Inc. | 1,237,210 | 256,016 | |||
Seagate Technology plc | 5,112,842 | 251,910 | ||||
* | Gartner Inc. | 1,948,715 | 243,492 | |||
Western Digital Corp. | 6,651,298 | 243,105 | ||||
NetApp Inc. | 5,183,957 | 227,265 | ||||
* | IAC/InterActiveCorp | 1,866,016 | 223,511 | |||
* | Coupa Software Inc. | 788,610 | 216,268 | |||
* | EPAM Systems Inc. | 619,651 | 200,321 | |||
* | Tyler Technologies Inc. | 461,149 | 160,738 |
Shares | Market Value ($000) | |||||
Leidos Holdings Inc. | 1,603,374 | 142,941 | ||||
* | IPG Photonics Corp. | 809,310 | 137,558 | |||
* | Dropbox Inc. Class A | 6,936,226 | 133,592 | |||
* | Zscaler Inc. | 851,190 | 119,754 | |||
* | F5 Networks Inc. | 714,042 | 87,663 | |||
*,1 | ZoomInfo Technologies Inc. Class A | 1,557,092 | 66,939 | |||
* | Palantir Technologies Inc. Class A | 187,243 | 1,779 | |||
* | Unity Software Inc. | 17,120 | 1,494 | |||
21,413,285 | ||||||
Telecommunications (2.1%) | ||||||
Motorola Solutions Inc. | 3,967,221 | 622,100 | ||||
* | Liberty Broadband Corp. Class C | 3,377,563 | 482,552 | |||
* | Roku Inc. Class A | 2,285,876 | 431,573 | |||
CenturyLink Inc. | 25,522,819 | 257,525 | ||||
* | Altice USA Inc. Class A | 7,817,671 | 203,260 | |||
Juniper Networks Inc. | 7,757,147 | 166,779 | ||||
* | DISH Network Corp. Class A | 5,698,490 | 165,427 | |||
* | Liberty Broadband Corp. Class A | 592,879 | 84,076 | |||
2,413,292 | ||||||
Utilities (6.8%) | ||||||
WEC Energy Group Inc. | 7,370,351 | 714,187 | ||||
Eversource Energy | 8,003,173 | 668,665 | ||||
Waste Connections Inc. | 6,138,923 | 637,220 | ||||
American Water Works Co. Inc. | 4,223,432 | 611,891 | ||||
DTE Energy Co. | 4,488,654 | 516,375 | ||||
Entergy Corp. | 4,653,916 | 458,550 | ||||
Edison International | 8,823,177 | 448,570 | ||||
Ameren Corp. | 5,624,382 | 444,776 | ||||
CMS Energy Corp. | 6,699,654 | 411,426 | ||||
FirstEnergy Corp. | 12,593,869 | 361,570 | ||||
Alliant Energy Corp. | 5,823,981 | 300,809 | ||||
AES Corp. | 15,478,350 | 280,313 | ||||
Evergy Inc. | 5,265,505 | 267,593 | ||||
Consolidated Edison Inc. | 3,286,443 | 255,685 | ||||
CenterPoint Energy Inc. | 12,677,514 | 245,310 | ||||
PPL Corp. | 8,934,770 | 243,115 | ||||
NiSource Inc. | 8,955,914 | 197,030 | ||||
Vistra Corp. | 10,440,803 | 196,914 | ||||
* | PG&E Corp. | 16,977,570 | 159,419 | |||
Pinnacle West Capital Corp. | 1,318,056 | 98,261 | ||||
NRG Energy Inc. | 2,694,405 | 82,826 | ||||
Avangrid Inc. | 1,440,047 | 72,665 | ||||
7,673,170 | ||||||
Total Common Stocks (Cost $77,971,076) | 112,666,712 | |||||
Coupon | ||||||
Temporary Cash Investments (1.0%) | ||||||
Money Market Fund (1.0%) | ||||||
4,5 | Vanguard Market Liquidity Fund | 0.117% | 10,746,248 | 1,074,625 | ||
Maturity Date | Face Amount ($000) | |||||
U.S. Government and Agency Obligations (0.0%) | ||||||
United States Treasury Bill | 0.140% | 10/13/20 | 4,400 | 4,400 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
6 | United States Treasury Bill | 0.135% | 10/20/20 | 8,000 | 8,000 | |
6 | United States Treasury Bill | 0.165% | 11/3/20 | 1,200 | 1,200 | |
6 | United States Treasury Bill | 0.145% | 12/15/20 | 18,500 | 18,496 | |
32,096 | ||||||
Total Temporary Cash Investments (Cost $1,106,398) | 1,106,721 | |||||
Total Investments (100.4%) (Cost $79,077,474) | 113,773,433 | |||||
Other Assets and Liabilities—Net (-0.4%) | (436,826) | |||||
Net Assets (100%) | 113,336,607 |
Cost is in $000. | |
* | Non-income-producing security. |
1 | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $523,251,000. |
2 | “Other” represents securities that are not classified by the fund’s benchmark index. |
3 | Security value determined using significant unobservable inputs. |
4 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
5 | Collateral of $529,531,000 was received for securities on loan, of which $527,764,000 is held in Vanguard Market Liquidity Fund and $1,767,000 is held in cash. |
6 | Securities with a value of $25,874,000 have been segregated as initial margin for open futures contracts. |
Futures Contracts | ||||
($000) | ||||
Expiration | Number of Long (Short) Contracts | Notional Amount | Value and Unrealized Appreciation (Depreciation) | |
Long Futures Contracts | ||||
E-mini S&P 500 Index | December 2020 | 1,222 | 204,807 | 3,978 |
E-mini S&P Mid-Cap 400 Index | December 2020 | 811 | 150,514 | 556 |
4,534 |
Over-the-Counter Total Return Swaps | ||||||
Reference Entity | Termination Date | Counterparty | Notional Amount ($000) | Floating Interest Rate Received (Paid)1 (%) | Value and Unrealized Appreciation ($000) | Value and Unrealized (Depreciation) ($000) |
Ameren Corp. | 2/2/21 | GSI | 10,075 | (0.151) | 269 | — |
Campbell Soup Co. | 2/2/21 | GSI | 91,040 | (0.151) | 5,695 | — |
Consolidated Edison Inc. | 9/2/21 | BOANA | 45,561 | (0.156) | 1,113 | — |
CoStar Group Inc. | 2/2/21 | GSI | 16,860 | (0.151) | 109 | — |
Discovery Inc. Class A | 2/2/21 | GSI | 7,194 | (0.151) | — | (620) |
Hormel Foods Corp. | 2/2/21 | GSI | 22,415 | (0.151) | — | (415) |
International Flavors & Fragrances Inc. | 2/2/21 | GSI | 6,212 | (0.151) | — | (51) |
Over-the-Counter Total Return Swaps (continued) | ||||||
Reference Entity | Termination Date | Counterparty | Notional Amount ($000) | Floating Interest Rate Received (Paid)1 (%) | Value and Unrealized Appreciation ($000) | Value and Unrealized (Depreciation) ($000) |
Match Group Inc. | 9/2/21 | BOANA | 16,752 | (0.157) | — | (157) |
Raymond James Financial Inc. | 9/2/21 | BOANA | 32,938 | (0.157) | — | (1,300) |
Roku Inc. Class A | 9/2/21 | BOANA | 31,226 | (0.157) | 2,754 | — |
Vistra Corp. | 9/2/21 | BOANA | 18,653 | (0.157) | — | (364) |
Williams Cos. Inc. | 9/2/21 | BOANA | 42,630 | (0.156) | — | (3,336) |
9,940 | (6,243) |
1 Based on 1-month USD London Interbank Offered Rate (LIBOR) as of the most recent payment date. Floating interest payment received/paid monthly. |
BOANA—Bank of America, N.A. |
GSI—Goldman Sachs International. |
Level 1 ($000) | Level 2 ($000) | Level 3 ($000) | Total ($000) | |
Investments | ||||
Assets | ||||
Common Stocks | 112,666,712 | — | — | 112,666,712 |
Temporary Cash Investments | 1,074,625 | 32,096 | — | 1,106,721 |
Total | 113,741,337 | 32,096 | — | 113,773,433 |
Derivative Financial Instruments | ||||
Assets | ||||
Futures Contracts1 | 2,116 | — | — | 2,116 |
Swap Contracts | — | 9,940 | — | 9,940 |
Total | 2,116 | 9,940 | — | 12,056 |
Liabilities | ||||
Swap Contracts | — | 6,243 | — | 6,243 |
1 | Represents variation margin on the last day of the reporting period. |