Shares | Market Value ($000) | ||
Common Stocks (99.8%) | |||
Basic Materials (1.6%) | |||
Linde plc | 551,561 | 256,101 | |
Freeport-McMoRan Inc. | 1,631,191 | 76,699 | |
Ecolab Inc. | 291,822 | 67,382 | |
Air Products and Chemicals Inc. | 252,768 | 61,238 | |
Nucor Corp. | 279,691 | 55,351 | |
Fastenal Co. | 651,171 | 50,231 | |
Newmont Corp. (XNYS) | 1,311,187 | 46,993 | |
Dow Inc. | 799,051 | 46,289 | |
LyondellBasell Industries NV Class A | 295,393 | 30,213 | |
International Flavors & Fragrances Inc. | 290,464 | 24,977 | |
Celanese Corp. | 123,847 | 21,284 | |
Avery Dennison Corp. | 91,584 | 20,446 | |
CF Industries Holdings Inc. | 214,259 | 17,829 | |
Albemarle Corp. | 133,573 | 17,597 | |
International Paper Co. | 394,085 | 15,377 | |
Steel Dynamics Inc. | 87,340 | 12,946 | |
Mosaic Co. | 182,945 | 5,938 | |
Westlake Corp. | 18,132 | 2,771 | |
829,662 | |||
Consumer Discretionary (13.9%) | |||
* | Amazon.com Inc. | 10,632,918 | 1,917,966 |
* | Tesla Inc. | 3,078,936 | 541,246 |
Home Depot Inc. | 1,132,026 | 434,245 | |
Costco Wholesale Corp. | 504,701 | 369,759 | |
Walmart Inc. | 5,052,778 | 304,026 | |
* | Netflix Inc. | 492,212 | 298,935 |
Walt Disney Co. | 2,086,264 | 255,275 | |
McDonald's Corp. | 821,270 | 231,557 | |
* | Uber Technologies Inc. | 2,243,765 | 172,747 |
Lowe's Cos. Inc. | 654,126 | 166,626 | |
Booking Holdings Inc. | 38,865 | 140,998 | |
TJX Cos. Inc. | 1,296,308 | 131,472 | |
NIKE Inc. Class B | 1,384,301 | 130,097 | |
Starbucks Corp. | 1,287,651 | 117,678 | |
Target Corp. | 525,022 | 93,039 | |
* | Chipotle Mexican Grill Inc. | 31,186 | 90,651 |
* | O'Reilly Automotive Inc. | 67,178 | 75,836 |
* | Airbnb Inc. Class A | 423,467 | 69,855 |
Marriott International Inc. Class A | 263,357 | 66,448 | |
* | AutoZone Inc. | 19,663 | 61,971 |
Hilton Worldwide Holdings Inc. | 286,736 | 61,164 | |
General Motors Co. | 1,313,393 | 59,562 |
Shares | Market Value ($000) | ||
Ford Motor Co. | 4,437,754 | 58,933 | |
* | Copart Inc. | 982,677 | 56,917 |
Ross Stores Inc. | 382,810 | 56,181 | |
DR Horton Inc. | 339,772 | 55,909 | |
* | Lululemon Athletica Inc. | 130,865 | 51,122 |
Lennar Corp. Class A | 283,804 | 48,809 | |
Yum! Brands Inc. | 320,099 | 44,382 | |
* | Trade Desk Inc. Class A | 505,951 | 44,230 |
Electronic Arts Inc. | 304,152 | 40,352 | |
Dollar General Corp. | 249,741 | 38,975 | |
Estee Lauder Cos. Inc. Class A | 251,759 | 38,809 | |
Delta Air Lines Inc. | 731,932 | 35,038 | |
* | Royal Caribbean Cruises Ltd. | 248,209 | 34,504 |
Tractor Supply Co. | 123,009 | 32,194 | |
* | Dollar Tree Inc. | 235,506 | 31,358 |
eBay Inc. | 590,515 | 31,167 | |
PulteGroup Inc. | 241,337 | 29,110 | |
* | Ulta Beauty Inc. | 55,250 | 28,889 |
* | Take-Two Interactive Software Inc. | 194,076 | 28,818 |
* | NVR Inc. | 3,441 | 27,872 |
Garmin Ltd. | 174,577 | 25,989 | |
* | Aptiv plc | 317,463 | 25,286 |
Genuine Parts Co. | 158,449 | 24,548 | |
* | Roblox Corp. Class A | 628,597 | 24,000 |
Darden Restaurants Inc. | 135,864 | 22,710 | |
Las Vegas Sands Corp. | 428,745 | 22,166 | |
* | Warner Bros Discovery Inc. | 2,497,240 | 21,801 |
Omnicom Group Inc. | 225,277 | 21,798 | |
* | Expedia Group Inc. | 148,778 | 20,494 |
Southwest Airlines Co. | 678,917 | 19,818 | |
Domino's Pizza Inc. | 39,694 | 19,723 | |
* | Live Nation Entertainment Inc. | 183,848 | 19,446 |
* | Carnival Corp. | 1,146,279 | 18,730 |
Best Buy Co. Inc. | 220,553 | 18,092 | |
* | United Airlines Holdings Inc. | 373,137 | 17,866 |
* | Burlington Stores Inc. | 73,415 | 17,046 |
LKQ Corp. | 303,097 | 16,188 | |
Rollins Inc. | 330,504 | 15,292 | |
* | MGM Resorts International | 278,649 | 13,155 |
News Corp. Class A | 418,680 | 10,961 | |
Fox Corp. Class A | 279,714 | 8,747 | |
Pool Corp. | 20,927 | 8,444 | |
* | CarMax Inc. | 89,590 | 7,804 |
Interpublic Group of Cos. Inc. | 215,486 | 7,031 | |
Warner Music Group Corp. Class A | 144,197 | 4,761 | |
* | Rivian Automotive Inc. Class A | 432,362 | 4,734 |
News Corp. Class B | 143,338 | 3,879 | |
Fox Corp. Class B | 125,659 | 3,596 | |
Endeavor Group Holdings Inc. Class A | 76,947 | 1,980 | |
Lennar Corp. Class B | 8,448 | 1,302 | |
1 | Sirius XM Holdings Inc. | 268,579 | 1,042 |
* | Liberty Media Corp. - Liberty SiriusXM Class A | 31,602 | 939 |
* | Liberty Media Corp. - Liberty SiriusXM Class C | 14,347 | 426 |
7,054,516 | |||
Consumer Staples (4.7%) | |||
Procter & Gamble Co. | 2,676,463 | 434,256 | |
PepsiCo Inc. | 1,563,322 | 273,597 | |
Coca-Cola Co. | 4,414,940 | 270,106 |
Shares | Market Value ($000) | ||
Philip Morris International Inc. | 1,765,772 | 161,780 | |
CVS Health Corp. | 1,431,292 | 114,160 | |
Mondelez International Inc. Class A | 1,531,430 | 107,200 | |
Altria Group Inc. | 2,005,525 | 87,481 | |
Colgate-Palmolive Co. | 936,158 | 84,301 | |
McKesson Corp. | 149,449 | 80,232 | |
Constellation Brands Inc. Class A | 187,061 | 50,836 | |
Kimberly-Clark Corp. | 383,191 | 49,566 | |
* | Monster Beverage Corp. | 828,095 | 49,089 |
Cencora Inc. | 192,785 | 46,845 | |
Corteva Inc. | 801,363 | 46,215 | |
Sysco Corp. | 566,038 | 45,951 | |
General Mills Inc. | 645,599 | 45,173 | |
Kenvue Inc. | 1,960,663 | 42,076 | |
Kroger Co. | 736,079 | 42,052 | |
Archer-Daniels-Midland Co. | 606,839 | 38,116 | |
Keurig Dr Pepper Inc. | 1,154,170 | 35,398 | |
Kraft Heinz Co. | 897,078 | 33,102 | |
Hershey Co. | 169,904 | 33,046 | |
Church & Dwight Co. Inc. | 277,056 | 28,900 | |
McCormick & Co. Inc. | 286,144 | 21,979 | |
Clorox Co. | 141,222 | 21,622 | |
Tyson Foods Inc. Class A | 325,822 | 19,135 | |
Kellanova | 310,155 | 17,769 | |
Brown-Forman Corp. Class B | 343,595 | 17,736 | |
Walgreens Boots Alliance Inc. | 784,276 | 17,011 | |
Conagra Brands Inc. | 543,835 | 16,119 | |
J M Smucker Co. | 114,528 | 14,416 | |
Hormel Foods Corp. | 310,563 | 10,835 | |
Campbell Soup Co. | 220,196 | 9,788 | |
Lamb Weston Holdings Inc. | 81,928 | 8,728 | |
Molson Coors Beverage Co. Class B | 101,369 | 6,817 | |
Albertsons Cos. Inc. Class A | 180,297 | 3,866 | |
Brown-Forman Corp. Class A | 62,212 | 3,294 | |
2,388,593 | |||
Energy (4.0%) | |||
Exxon Mobil Corp. | 4,516,741 | 525,026 | |
Chevron Corp. | 2,039,803 | 321,758 | |
ConocoPhillips | 1,338,155 | 170,320 | |
Schlumberger NV | 1,629,445 | 89,310 | |
Marathon Petroleum Corp. | 431,824 | 87,013 | |
EOG Resources Inc. | 659,632 | 84,327 | |
Phillips 66 | 486,529 | 79,470 | |
Pioneer Natural Resources Co. | 265,788 | 69,769 | |
Valero Energy Corp. | 378,070 | 64,533 | |
Williams Cos. Inc. | 1,383,515 | 53,916 | |
ONEOK Inc. | 662,405 | 53,105 | |
Hess Corp. | 314,292 | 47,974 | |
Occidental Petroleum Corp. | 700,375 | 45,517 | |
Cheniere Energy Inc. | 253,662 | 40,911 | |
Diamondback Energy Inc. | 202,973 | 40,223 | |
Kinder Morgan Inc. | 2,145,518 | 39,349 | |
Baker Hughes Co. | 1,138,751 | 38,148 | |
Devon Energy Corp. | 728,986 | 36,580 | |
Halliburton Co. | 911,492 | 35,931 | |
Coterra Energy Inc. | 812,483 | 22,652 | |
* | First Solar Inc. | 115,484 | 19,494 |
Marathon Oil Corp. | 656,476 | 18,604 |
Shares | Market Value ($000) | ||
* | Enphase Energy Inc. | 146,741 | 17,753 |
EQT Corp. | 250,533 | 9,287 | |
Texas Pacific Land Corp. | 10,449 | 6,045 | |
2,017,015 | |||
Financials (10.5%) | |||
* | Berkshire Hathaway Inc. Class B | 1,990,242 | 836,937 |
JPMorgan Chase & Co. | 3,276,249 | 656,233 | |
Bank of America Corp. | 7,611,540 | 288,630 | |
Wells Fargo & Co. | 4,069,201 | 235,851 | |
Goldman Sachs Group Inc. | 371,001 | 154,963 | |
S&P Global Inc. | 357,277 | 152,003 | |
Progressive Corp. | 666,205 | 137,784 | |
BlackRock Inc. | 160,743 | 134,011 | |
Morgan Stanley | 1,394,973 | 131,351 | |
Citigroup Inc. | 2,056,321 | 130,042 | |
Chubb Ltd. | 461,051 | 119,472 | |
Charles Schwab Corp. | 1,612,109 | 116,620 | |
Marsh & McLennan Cos. Inc. | 559,190 | 115,182 | |
Blackstone Inc. | 818,195 | 107,486 | |
Intercontinental Exchange Inc. | 651,208 | 89,495 | |
CME Group Inc. | 409,387 | 88,137 | |
US Bancorp | 1,771,947 | 79,206 | |
KKR & Co. Inc. | 754,845 | 75,922 | |
PNC Financial Services Group Inc. | 452,380 | 73,105 | |
Aon plc Class A (XNYS) | 214,221 | 71,490 | |
Moody's Corp. | 176,397 | 69,329 | |
Arthur J Gallagher & Co. | 246,520 | 61,640 | |
American International Group Inc. | 774,678 | 60,557 | |
Travelers Cos. Inc. | 260,652 | 59,986 | |
Truist Financial Corp. | 1,516,593 | 59,117 | |
Aflac Inc. | 656,462 | 56,364 | |
* | Coinbase Global Inc. Class A | 211,218 | 55,998 |
MetLife Inc. | 699,224 | 51,819 | |
Allstate Corp. | 299,291 | 51,780 | |
Apollo Global Management Inc. | 452,094 | 50,838 | |
Ameriprise Financial Inc. | 114,104 | 50,028 | |
Bank of New York Mellon Corp. | 863,857 | 49,775 | |
Prudential Financial Inc. | 408,177 | 47,920 | |
MSCI Inc. | 85,424 | 47,876 | |
* | Arch Capital Group Ltd. | 403,473 | 37,297 |
Discover Financial Services | 284,496 | 37,295 | |
* | Berkshire Hathaway Inc. Class A | 57 | 36,163 |
Hartford Financial Services Group Inc. | 339,574 | 34,993 | |
Willis Towers Watson plc | 116,596 | 32,064 | |
T Rowe Price Group Inc. | 254,469 | 31,025 | |
Nasdaq Inc. | 490,790 | 30,969 | |
Fifth Third Bancorp | 773,976 | 28,800 | |
M&T Bank Corp. | 189,351 | 27,539 | |
Raymond James Financial Inc. | 214,049 | 27,488 | |
Broadridge Financial Solutions Inc. | 133,841 | 27,419 | |
Ares Management Corp. Class A | 189,805 | 25,240 | |
State Street Corp. | 326,323 | 25,231 | |
Principal Financial Group Inc. | 268,426 | 23,168 | |
Huntington Bancshares Inc. | 1,645,924 | 22,961 | |
LPL Financial Holdings Inc. | 84,708 | 22,380 | |
Regions Financial Corp. | 1,056,884 | 22,237 | |
Cincinnati Financial Corp. | 178,512 | 22,166 | |
Cboe Global Markets Inc. | 120,101 | 22,066 |
Shares | Market Value ($000) | ||
* | Markel Group Inc. | 14,193 | 21,594 |
Northern Trust Corp. | 221,701 | 19,714 | |
FactSet Research Systems Inc. | 43,330 | 19,689 | |
Everest Group Ltd. | 49,365 | 19,623 | |
W R Berkley Corp. | 218,932 | 19,362 | |
Citizens Financial Group Inc. | 495,832 | 17,994 | |
Loews Corp. | 214,847 | 16,820 | |
KeyCorp. | 1,062,849 | 16,804 | |
Fidelity National Financial Inc. | 294,231 | 15,624 | |
Tradeweb Markets Inc. Class A | 131,684 | 13,718 | |
Interactive Brokers Group Inc. Class A | 115,495 | 12,902 | |
Brown & Brown Inc. | 130,093 | 11,388 | |
Franklin Resources Inc. | 359,426 | 10,103 | |
Corebridge Financial Inc. | 282,993 | 8,130 | |
Globe Life Inc. | 53,515 | 6,228 | |
* | Rocket Cos. Inc. Class A | 143,326 | 2,085 |
5,335,226 | |||
Health Care (11.8%) | |||
Eli Lilly & Co. | 972,634 | 756,670 | |
UnitedHealth Group Inc. | 1,051,999 | 520,424 | |
Johnson & Johnson | 2,739,727 | 433,398 | |
Merck & Co. Inc. | 2,882,196 | 380,306 | |
AbbVie Inc. | 2,009,171 | 365,870 | |
Thermo Fisher Scientific Inc. | 433,705 | 252,074 | |
Abbott Laboratories | 1,973,633 | 224,323 | |
Danaher Corp. | 757,209 | 189,090 | |
Pfizer Inc. | 6,422,129 | 178,214 | |
Amgen Inc. | 609,535 | 173,303 | |
* | Intuitive Surgical Inc. | 400,724 | 159,925 |
Stryker Corp. | 389,264 | 139,306 | |
Elevance Health Inc. | 264,638 | 137,225 | |
Medtronic plc | 1,512,360 | 131,802 | |
Bristol-Myers Squibb Co. | 2,299,815 | 124,719 | |
* | Vertex Pharmaceuticals Inc. | 293,788 | 122,806 |
Cigna Group | 332,685 | 120,828 | |
* | Boston Scientific Corp. | 1,668,655 | 114,286 |
* | Regeneron Pharmaceuticals Inc. | 116,634 | 112,259 |
Gilead Sciences Inc. | 1,417,116 | 103,804 | |
Becton Dickinson & Co. | 328,550 | 81,300 | |
Zoetis Inc. | 468,638 | 79,298 | |
HCA Healthcare Inc. | 225,603 | 75,245 | |
* | Edwards Lifesciences Corp. | 683,765 | 65,341 |
* | DexCom Inc. | 438,595 | 60,833 |
* | IQVIA Holdings Inc. | 206,364 | 52,187 |
* | IDEXX Laboratories Inc. | 94,474 | 51,009 |
Agilent Technologies Inc. | 333,401 | 48,513 | |
* | Centene Corp. | 608,111 | 47,725 |
Humana Inc. | 137,268 | 47,594 | |
GE Healthcare Inc. | 491,257 | 44,660 | |
* | Moderna Inc. | 390,432 | 41,605 |
* | Veeva Systems Inc. Class A | 164,750 | 38,171 |
* | Biogen Inc. | 165,376 | 35,660 |
ResMed Inc. | 167,361 | 33,143 | |
West Pharmaceutical Services Inc. | 83,395 | 33,000 | |
Zimmer Biomet Holdings Inc. | 237,757 | 31,379 | |
Cardinal Health Inc. | 276,764 | 30,970 | |
* | Molina Healthcare Inc. | 66,452 | 27,301 |
* | Align Technology Inc. | 82,786 | 27,147 |
Shares | Market Value ($000) | ||
STERIS plc | 112,442 | 25,279 | |
* | Illumina Inc. | 180,791 | 24,826 |
Baxter International Inc. | 577,803 | 24,695 | |
Cooper Cos. Inc. | 226,127 | 22,943 | |
* | Alnylam Pharmaceuticals Inc. | 143,307 | 21,417 |
Laboratory Corp. of America Holdings | 95,464 | 20,855 | |
* | Hologic Inc. | 267,034 | 20,818 |
* | Avantor Inc. | 771,644 | 19,731 |
* | BioMarin Pharmaceutical Inc. | 214,073 | 18,697 |
Quest Diagnostics Inc. | 125,951 | 16,765 | |
Viatris Inc. | 1,364,969 | 16,298 | |
Revvity Inc. | 140,197 | 14,721 | |
Royalty Pharma plc Class A | 432,044 | 13,121 | |
* | Incyte Corp. | 217,132 | 12,370 |
* | Insulet Corp. | 39,727 | 6,809 |
*,2 | ABIOMED Inc. CVR | 12 | — |
5,972,058 | |||
Industrials (11.8%) | |||
Visa Inc. Class A | 1,649,245 | 460,271 | |
Mastercard Inc. Class A | 947,766 | 456,416 | |
Accenture plc Class A | 713,130 | 247,178 | |
Caterpillar Inc. | 568,021 | 208,140 | |
General Electric Co. | 1,176,060 | 206,434 | |
Union Pacific Corp. | 693,623 | 170,583 | |
Honeywell International Inc. | 741,831 | 152,261 | |
RTX Corp. | 1,509,210 | 147,193 | |
Eaton Corp. plc | 454,189 | 142,016 | |
* | Boeing Co. | 693,957 | 133,927 |
American Express Co. | 576,335 | 131,226 | |
Lockheed Martin Corp. | 274,846 | 125,019 | |
Deere & Co. | 302,540 | 124,265 | |
United Parcel Service Inc. Class B (XNYS) | 826,578 | 122,854 | |
Automatic Data Processing Inc. | 467,237 | 116,688 | |
* | Fiserv Inc. | 671,499 | 107,319 |
Sherwin-Williams Co. | 260,460 | 90,466 | |
Illinois Tool Works Inc. | 322,843 | 86,628 | |
CSX Corp. | 2,227,913 | 82,589 | |
* | PayPal Holdings Inc. | 1,219,243 | 81,677 |
Parker-Hannifin Corp. | 146,042 | 81,169 | |
General Dynamics Corp. | 280,427 | 79,218 | |
Trane Technologies plc | 258,294 | 77,540 | |
FedEx Corp. | 255,741 | 74,098 | |
TransDigm Group Inc. | 60,078 | 73,992 | |
PACCAR Inc. | 595,781 | 73,811 | |
Emerson Electric Co. | 650,108 | 73,735 | |
Northrop Grumman Corp. | 153,554 | 73,500 | |
Cintas Corp. | 97,985 | 67,319 | |
3M Co. | 628,506 | 66,666 | |
Norfolk Southern Corp. | 256,859 | 65,466 | |
Capital One Financial Corp. | 411,117 | 61,211 | |
Carrier Global Corp. | 970,432 | 56,411 | |
United Rentals Inc. | 76,400 | 55,093 | |
* | Block Inc. (XNYS) | 631,629 | 53,423 |
WW Grainger Inc. | 50,321 | 51,191 | |
Johnson Controls International plc | 775,341 | 50,645 | |
Ferguson plc | 230,676 | 50,386 | |
Fidelity National Information Services Inc. | 673,924 | 49,992 | |
Old Dominion Freight Line Inc. | 223,310 | 48,974 |
Shares | Market Value ($000) | ||
AMETEK Inc. | 262,817 | 48,069 | |
L3Harris Technologies Inc. | 216,142 | 46,060 | |
Otis Worldwide Corp. | 460,985 | 45,762 | |
Cummins Inc. | 155,054 | 45,687 | |
Paychex Inc. | 368,181 | 45,213 | |
Ingersoll Rand Inc. (XYNS) | 458,574 | 43,542 | |
Martin Marietta Materials Inc. | 70,307 | 43,164 | |
Quanta Services Inc. | 165,692 | 43,047 | |
Vulcan Materials Co. | 150,411 | 41,050 | |
Global Payments Inc. | 293,414 | 39,218 | |
PPG Industries Inc. | 267,568 | 38,771 | |
Verisk Analytics Inc. | 163,143 | 38,458 | |
Rockwell Automation Inc. | 130,373 | 37,981 | |
Equifax Inc. | 140,910 | 37,696 | |
Xylem Inc. | 274,035 | 35,416 | |
Fortive Corp. | 398,833 | 34,308 | |
* | Fair Isaac Corp. | 26,861 | 33,566 |
DuPont de Nemours Inc. | 427,565 | 32,781 | |
* | Mettler-Toledo International Inc. | 24,438 | 32,534 |
Howmet Aerospace Inc. | 466,850 | 31,946 | |
* | Keysight Technologies Inc. | 199,002 | 31,120 |
Westinghouse Air Brake Technologies Corp. | 201,415 | 29,342 | |
Dover Corp. | 159,185 | 28,206 | |
Ball Corp. | 358,653 | 24,159 | |
* | Corpay Inc. | 78,006 | 24,068 |
Veralto Corp. | 266,343 | 23,614 | |
* | Waters Corp. | 67,272 | 23,157 |
* | Teledyne Technologies Inc. | 53,610 | 23,016 |
Jacobs Solutions Inc. | 142,973 | 21,979 | |
Textron Inc. | 219,416 | 21,049 | |
Expeditors International of Washington Inc. | 165,279 | 20,093 | |
Synchrony Financial | 462,708 | 19,952 | |
Masco Corp. | 250,014 | 19,721 | |
Packaging Corp. of America | 101,984 | 19,354 | |
JB Hunt Transport Services Inc. | 93,895 | 18,709 | |
* | Trimble Inc. | 283,058 | 18,218 |
Snap-on Inc. | 59,982 | 17,768 | |
* | Zebra Technologies Corp. Class A | 58,464 | 17,623 |
TransUnion | 220,520 | 17,597 | |
Stanley Black & Decker Inc. | 174,452 | 17,084 | |
HEICO Corp. Class A | 85,018 | 13,088 | |
Hubbell Inc. | 30,503 | 12,660 | |
HEICO Corp. | 46,964 | 8,970 | |
Jack Henry & Associates Inc. | 41,401 | 7,193 | |
*,1 | Symbotic Inc. | 27,853 | 1,253 |
5,950,252 | |||
Real Estate (2.2%) | |||
Prologis Inc. | 1,051,866 | 136,974 | |
American Tower Corp. | 530,180 | 104,758 | |
Equinix Inc. | 107,612 | 88,815 | |
Welltower Inc. | 647,215 | 60,476 | |
Simon Property Group Inc. | 352,045 | 55,092 | |
Realty Income Corp. | 979,630 | 52,998 | |
Crown Castle Inc. | 493,445 | 52,221 | |
Public Storage | 179,921 | 52,188 | |
Digital Realty Trust Inc. | 354,533 | 51,067 | |
* | CoStar Group Inc. | 464,303 | 44,852 |
Extra Space Storage Inc. | 240,391 | 35,337 |
Shares | Market Value ($000) | ||
VICI Properties Inc. | 1,177,045 | 35,064 | |
* | CBRE Group Inc. Class A | 330,404 | 32,128 |
AvalonBay Communities Inc. | 161,572 | 29,981 | |
Weyerhaeuser Co. | 830,050 | 29,807 | |
Iron Mountain Inc. | 332,578 | 26,676 | |
SBA Communications Corp. | 122,749 | 26,600 | |
Equity Residential | 409,598 | 25,850 | |
Alexandria Real Estate Equities Inc. | 199,088 | 25,664 | |
Invitation Homes Inc. | 660,557 | 23,522 | |
Ventas Inc. | 457,966 | 19,940 | |
Sun Communities Inc. | 141,582 | 18,205 | |
Essex Property Trust Inc. | 73,022 | 17,877 | |
Mid-America Apartment Communities Inc. | 132,749 | 17,467 | |
WP Carey Inc. | 248,806 | 14,043 | |
Host Hotels & Resorts Inc. | 399,462 | 8,261 | |
Healthpeak Properties Inc. | 401,427 | 7,527 | |
UDR Inc. | 187,261 | 7,005 | |
* | Zillow Group Inc. Class C | 87,598 | 4,273 |
* | Zillow Group Inc. Class A | 22,753 | 1,089 |
1,105,757 | |||
Technology (34.8%) | |||
Microsoft Corp. | 8,451,244 | 3,555,607 | |
Apple Inc. | 16,685,033 | 2,861,150 | |
NVIDIA Corp. | 2,701,273 | 2,440,762 | |
Meta Platforms Inc. Class A | 2,502,301 | 1,215,067 | |
* | Alphabet Inc. Class A | 6,702,600 | 1,011,623 |
* | Alphabet Inc. Class C | 5,482,512 | 834,767 |
Broadcom Inc. | 532,455 | 705,721 | |
* | Advanced Micro Devices Inc. | 1,837,754 | 331,696 |
Salesforce Inc. | 1,045,949 | 315,019 | |
* | Adobe Inc. | 514,093 | 259,411 |
Oracle Corp. | 1,875,935 | 235,636 | |
QUALCOMM Inc. | 1,269,303 | 214,893 | |
Intel Corp. | 4,808,777 | 212,404 | |
International Business Machines Corp. | 1,038,602 | 198,331 | |
Intuit Inc. | 302,473 | 196,607 | |
Applied Materials Inc. | 946,373 | 195,171 | |
Texas Instruments Inc. | 1,034,166 | 180,162 | |
* | ServiceNow Inc. | 233,163 | 177,764 |
Micron Technology Inc. | 1,255,551 | 148,017 | |
Lam Research Corp. | 149,116 | 144,877 | |
Analog Devices Inc. | 563,986 | 111,551 | |
KLA Corp. | 153,813 | 107,449 | |
* | Palo Alto Networks Inc. | 367,483 | 104,413 |
* | Synopsys Inc. | 173,492 | 99,151 |
* | Cadence Design Systems Inc. | 309,629 | 96,381 |
* | Crowdstrike Holdings Inc. Class A | 258,878 | 82,994 |
Amphenol Corp. Class A | 682,216 | 78,694 | |
Marvell Technology Inc. | 983,078 | 69,681 | |
Roper Technologies Inc. | 121,752 | 68,283 | |
* | Workday Inc. Class A | 237,665 | 64,823 |
* | Autodesk Inc. | 243,254 | 63,348 |
* | Super Micro Computer Inc. | 56,024 | 56,586 |
Microchip Technology Inc. | 614,444 | 55,122 | |
* | Snowflake Inc. Class A | 336,978 | 54,456 |
* | Palantir Technologies Inc. Class A | 2,280,200 | 52,467 |
TE Connectivity Ltd. | 351,093 | 50,993 | |
* | Fortinet Inc. | 742,124 | 50,695 |
Shares | Market Value ($000) | ||
* | DoorDash Inc. Class A | 321,508 | 44,278 |
Cognizant Technology Solutions Corp. Class A | 566,392 | 41,511 | |
* | Gartner Inc. | 84,208 | 40,139 |
CDW Corp. | 152,280 | 38,950 | |
* | Datadog Inc. Class A | 309,414 | 38,244 |
* | ON Semiconductor Corp. | 486,209 | 35,761 |
Monolithic Power Systems Inc. | 51,865 | 35,134 | |
* | Atlassian Corp. Ltd. Class A | 179,048 | 34,934 |
* | ANSYS Inc. | 99,003 | 34,370 |
* | HubSpot Inc. | 54,776 | 34,320 |
HP Inc. | 1,070,990 | 32,365 | |
Dell Technologies Inc. Class C | 273,880 | 31,252 | |
* | Cloudflare Inc. Class A | 322,527 | 31,230 |
Corning Inc. | 872,944 | 28,772 | |
* | MongoDB Inc. | 78,017 | 27,980 |
Hewlett Packard Enterprise Co. | 1,478,887 | 26,221 | |
* | Western Digital Corp. | 370,735 | 25,299 |
NetApp Inc. | 234,415 | 24,607 | |
* | Pinterest Inc. Class A | 677,233 | 23,480 |
Seagate Technology Holdings plc | 238,372 | 22,181 | |
* | Tyler Technologies Inc. | 48,025 | 20,411 |
Skyworks Solutions Inc. | 182,302 | 19,747 | |
Teradyne Inc. | 174,185 | 19,653 | |
* | Zscaler Inc. | 101,262 | 19,506 |
* | GoDaddy Inc. Class A | 161,614 | 19,180 |
* | Okta Inc. | 179,822 | 18,813 |
* | Akamai Technologies Inc. | 171,591 | 18,662 |
* | VeriSign Inc. | 97,408 | 18,460 |
* | EPAM Systems Inc. | 65,796 | 18,170 |
* | Zoom Video Communications Inc. Class A | 263,958 | 17,255 |
Vertiv Holdings Co. Class A | 206,328 | 16,851 | |
SS&C Technologies Holdings Inc. | 239,329 | 15,406 | |
Gen Digital Inc. (XNGS) | 615,942 | 13,797 | |
* | Snap Inc. Class A | 1,191,639 | 13,680 |
Bentley Systems Inc. Class B | 258,471 | 13,497 | |
Leidos Holdings Inc. | 77,251 | 10,127 | |
* | Twilio Inc. Class A | 97,842 | 5,983 |
Paycom Software Inc. | 27,834 | 5,539 | |
* | Unity Software Inc. | 151,331 | 4,041 |
17,641,578 | |||
Telecommunications (2.0%) | |||
Cisco Systems Inc. | 4,145,213 | 206,888 | |
Comcast Corp. Class A | 4,506,656 | 195,363 | |
Verizon Communications Inc. | 4,303,627 | 180,580 | |
AT&T Inc. | 8,132,146 | 143,126 | |
T-Mobile US Inc. | 607,412 | 99,142 | |
* | Arista Networks Inc. | 284,454 | 82,486 |
Motorola Solutions Inc. | 188,933 | 67,067 | |
* | Charter Communications Inc. Class A | 107,400 | 31,214 |
* | Liberty Broadband Corp. Class C | 66,134 | 3,785 |
* | Liberty Broadband Corp. Class A | 9,514 | 543 |
1,010,194 | |||
Utilities (2.5%) | |||
NextEra Energy Inc. | 2,301,697 | 147,101 | |
Waste Management Inc. | 456,870 | 97,382 | |
Southern Co. | 1,241,316 | 89,052 | |
Duke Energy Corp. | 876,782 | 84,793 |
Shares | Market Value ($000) | ||
Constellation Energy Corp. | 363,194 | 67,136 | |
Sempra | 715,519 | 51,396 | |
American Electric Power Co. Inc. | 586,085 | 50,462 | |
Waste Connections Inc. (XTSE) | 292,988 | 50,397 | |
PG&E Corp. | 2,970,866 | 49,792 | |
Dominion Energy Inc. | 952,094 | 46,833 | |
Republic Services Inc. | 232,663 | 44,541 | |
Exelon Corp. | 1,131,135 | 42,497 | |
Public Service Enterprise Group Inc. | 567,871 | 37,922 | |
Consolidated Edison Inc. | 392,392 | 35,633 | |
Xcel Energy Inc. | 631,537 | 33,945 | |
Edison International | 435,941 | 30,834 | |
WEC Energy Group Inc. | 358,998 | 29,481 | |
American Water Works Co. Inc. | 221,380 | 27,055 | |
Entergy Corp. | 242,127 | 25,588 | |
FirstEnergy Corp. | 620,922 | 23,980 | |
Eversource Energy | 397,209 | 23,741 | |
PPL Corp. | 838,582 | 23,086 | |
DTE Energy Co. | 199,089 | 22,326 | |
Ameren Corp. | 299,143 | 22,125 | |
CenterPoint Energy Inc. | 715,307 | 20,379 | |
CMS Energy Corp. | 331,813 | 20,022 | |
Alliant Energy Corp. | 287,639 | 14,497 | |
Vistra Corp. | 203,185 | 14,152 | |
AES Corp. | 403,901 | 7,242 | |
NiSource Inc. | 254,432 | 7,038 | |
Evergy Inc. | 130,438 | 6,963 | |
Avangrid Inc. | 88,249 | 3,216 | |
1,250,607 | |||
Total Common Stocks (Cost $24,706,784) | 50,555,458 | ||
Temporary Cash Investments (0.1%) | |||
Money Market Fund (0.1%) | |||
3,4 | Vanguard Market Liquidity Fund, 5.407% (Cost $61,157) | 611,696 | 61,157 |
Total Investments (99.9%) (Cost $24,767,941) | 50,616,615 | ||
Other Assets and Liabilities—Net (0.1%) | 41,570 | ||
Net Assets (100%) | 50,658,185 | ||
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 $1,654,000. |
2 | Security value determined using significant unobservable inputs. |
3 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
4 | Collateral of $1,873,000 was received for securities on loan. |
CVR—Contingent Value Rights. |
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 | June 2024 | 230 | 61,048 | 1,215 |
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) |
Visa Inc. Class A | 8/30/24 | BANA | 41,862 | (5.227) | — | (94) |
1 | Based on Overnight Bank Funding Rate as of the most recent reset date. Floating interest payment received/paid monthly. |
BANA—Bank of America, N.A. |
Level 1 ($000) | Level 2 ($000) | Level 3 ($000) | Total ($000) | |
Investments | ||||
Assets | ||||
Common Stocks | 50,555,458 | — | — | 50,555,458 |
Temporary Cash Investments | 61,157 | — | — | 61,157 |
Total | 50,616,615 | — | — | 50,616,615 |
Derivative Financial Instruments | ||||
Assets | ||||
Futures Contracts1 | 1,215 | — | — | 1,215 |
Liabilities | ||||
Swap Contracts | — | 94 | — | 94 |
1 | Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments. |