NPORT-EX 2 vg_totalstockmrktindxfund.htm
Vanguard® Total Stock Market Index Fund
Schedule of Investments (unaudited)
As of March 31, 2024
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.
          Shares Market
Value
($000)
Common Stocks (99.8%)
Basic Materials (1.9%)
  Linde plc  15,236,568     7,074,643
  Freeport-McMoRan Inc.  45,053,966     2,118,438
  Ecolab Inc.   8,074,338     1,864,365
  Air Products and Chemicals Inc.   6,997,693     1,695,331
  Nucor Corp.   7,739,195     1,531,587
  Fastenal Co.  17,972,669     1,386,412
  Newmont Corp.  36,277,451     1,300,184
  Dow Inc.  22,076,387     1,278,885
  LyondellBasell Industries NV Class A   8,167,202       835,341
  Steel Dynamics Inc.   4,845,570       718,259
  International Flavors & Fragrances Inc.   8,031,946       690,667
  Reliance Inc.   1,793,507       599,354
  Celanese Corp. Class A 3,425,067 588,632
  Avery Dennison Corp. 2,530,090 564,843
  CF Industries Holdings Inc. 5,925,550 493,065
1 Albemarle Corp. 3,694,266 486,683
  International Paper Co. 10,889,576 424,911
  Eastman Chemical Co. 3,675,118 368,320
* Cleveland-Cliffs Inc. 15,707,567 357,190
  Mosaic Co. 10,129,205 328,794
  United States Steel Corp. 6,300,632 256,940
  Royal Gold Inc. 2,071,480 252,327
  FMC Corp. 3,929,913 250,335
* RBC Bearings Inc. 914,646 247,275
  UFP Industries Inc. 1,841,266 226,494
  Olin Corp. 3,766,903 221,494
  Commercial Metals Co. 3,672,440 215,829
  Hexcel Corp. 2,653,842 193,332
  Boise Cascade Co. 1,244,906 190,931
  Alcoa Corp. 5,619,412 189,880
  Mueller Industries Inc. 3,399,490 183,335
  Element Solutions Inc. 7,248,738 181,074
* Valvoline Inc. 4,017,669 179,068
  Timken Co. 2,010,138 175,746
  Cabot Corp. 1,757,822 162,071
  Balchem Corp. 1,015,185 157,303
  Westlake Corp. 1,003,292 153,303
* Arcadium Lithium plc 34,196,813 147,388
  NewMarket Corp. 226,602 143,806
  Huntsman Corp. 5,326,929 138,660
  Ashland Inc. 1,419,724 138,239

          Shares Market
Value
($000)
  Avient Corp.   2,870,217       124,567
  Chemours Co.   4,666,336       122,538
  Carpenter Technology Corp.   1,468,028       104,847
  Innospec Inc.     787,959       101,599
  Scotts Miracle-Gro Co.   1,322,481        98,644
  Sensient Technologies Corp.   1,324,921        91,671
  Hecla Mining Co.  18,497,940        88,975
  Quaker Chemical Corp.     426,165        87,470
  Materion Corp.     649,121        85,522
* Uranium Energy Corp.  12,087,811        81,593
  Minerals Technologies Inc.   1,022,970        77,009
  Sylvamo Corp.   1,065,731        65,798
  Tronox Holdings plc   3,702,759        64,243
*,1 MP Materials Corp.   4,481,079        64,079
  Stepan Co. 669,267 60,261
  Worthington Steel Inc. 1,612,395 57,804
* Ingevity Corp. 1,030,517 49,156
  Hawkins Inc. 589,429 45,268
  Kaiser Aluminum Corp. 478,482 42,757
* Coeur Mining Inc. 10,828,172 40,822
* Ecovyst Inc. 3,126,036 34,855
  Koppers Holdings Inc. 612,658 33,800
  Ryerson Holding Corp. 911,504 30,535
  Mativ Holdings Inc. 1,619,150 30,359
*,1 Energy Fuels Inc. 4,716,624 29,668
* Metallus Inc. 1,301,536 28,959
* US Silica Holdings Inc. 2,297,394 28,511
* Century Aluminum Co. 1,587,526 24,432
  AdvanSix Inc. 807,634 23,098
* Clearwater Paper Corp. 486,842 21,290
  Haynes International Inc. 352,417 21,187
  Olympic Steel Inc. 290,854 20,616
  Compass Minerals International Inc. 1,296,197 20,402
  Radius Recycling Inc. 766,879 16,204
* LSB Industries Inc. 1,636,473 14,368
*,1 LanzaTech Global Inc. 4,315,514 13,357
* Ur-Energy Inc. 8,269,253 13,231
  American Vanguard Corp. 853,039 11,047
* Northwest Pipe Co. 289,406 10,037
* Rayonier Advanced Materials Inc. 2,024,729 9,678
  GrafTech International Ltd. 5,994,052 8,272
*,1 Piedmont Lithium Inc. 565,568 7,533
* NN Inc. 1,560,348 7,396
1 FutureFuel Corp. 826,396 6,653
* Intrepid Potash Inc. 314,805 6,567
  Omega Flex Inc. 89,520 6,350
  Eastern Co. 163,461 5,572
* Universal Stainless & Alloy Products Inc. 237,344 5,321
* Alto Ingredients Inc. 2,440,141 5,320
  Tredegar Corp. 806,119 5,256
  Northern Technologies International Corp. 303,498 4,082
  Friedman Industries Inc. 206,582 3,871
*,1 Dakota Gold Corp. 1,592,379 3,774
* Unifi Inc. 487,932 2,923
* Glatfelter Corp. 1,346,195 2,692
*,1 American Battery Technology Co. 1,523,963 2,667
* Idaho Strategic Resources Inc. 280,710 2,375
*,1 ASP Isotopes Inc. 494,627 2,043

          Shares Market
Value
($000)
*,1 NioCorp Developments Ltd.     721,031         1,961
* Gold Resource Corp.   3,809,091         1,655
* Perma-Pipe International Holdings Inc.     206,389         1,630
*,1 Origin Materials Inc.   3,032,849         1,547
* Culp Inc.     315,657         1,515
* Ascent Industries Co.     131,157         1,337
*,1 Contango ORE Inc.      58,376         1,159
*,1 Hycroft Mining Holding Corp. Class A     460,846         1,018
* Ampco-Pittsburgh Corp.     436,953           948
* Comstock Inc.   2,159,157           786
*,1 CPS Technologies Corp.     412,694           764
* Westwater Resources Inc.   1,414,240           693
* US Gold Corp.     175,552           644
* United States Antimony Corp.   2,524,776           631
  United-Guardian Inc. 75,085 580
  Flexible Solutions International Inc. 277,169 521
* Paramount Gold Nevada Corp. 1,223,263 496
  Chicago Rivet & Machine Co. 28,369 482
* 5E Advanced Materials Inc. 111,728 150
* TechPrecision Corp. 4,347 16
            30,808,191
Consumer Discretionary (14.2%)
* Amazon.com Inc. 293,893,948 53,012,590
* Tesla Inc. 85,118,064 14,962,904
  Home Depot Inc. 31,271,203 11,995,633
  Costco Wholesale Corp. 13,946,927 10,217,937
  Walmart Inc. 139,595,214 8,399,444
* Netflix Inc. 13,605,267 8,262,887
  Walt Disney Co. 57,674,641 7,057,069
  McDonald's Corp. 22,687,150 6,396,642
* Uber Technologies Inc. 62,014,523 4,774,498
  Lowe's Cos. Inc. 18,087,169 4,607,345
  Booking Holdings Inc. 1,074,110 3,896,742
  TJX Cos. Inc. 35,848,917 3,635,797
  NIKE Inc. Class B 38,276,922 3,597,265
  Starbucks Corp. 35,584,813 3,252,096
  Target Corp. 14,511,800 2,571,636
* Chipotle Mexican Grill Inc. Class A 861,773 2,504,976
* O'Reilly Automotive Inc. 1,857,163 2,096,514
* Airbnb Inc. Class A 11,717,246 1,932,877
  Marriott International Inc. Class A 7,273,601 1,835,202
* AutoZone Inc. 543,216 1,712,027
  Hilton Worldwide Holdings Inc. 7,918,994 1,689,201
  General Motors Co. 36,316,820 1,646,968
  Ford Motor Co. 122,895,700 1,632,055
* Copart Inc. 27,142,052 1,572,068
  Ross Stores Inc. 10,597,307 1,555,261
  DR Horton Inc. 9,364,722 1,540,965
*,1 Lululemon Athletica Inc. 3,616,710 1,412,868
  Lennar Corp. Class A 7,110,760 1,222,909
* Trade Desk Inc. Class A 13,964,448 1,220,772
  Yum! Brands Inc. 8,671,336 1,202,281
  Electronic Arts Inc. 8,399,218 1,114,324
  Dollar General Corp. 6,906,069 1,077,761
  Estee Lauder Cos. Inc. Class A 6,946,665 1,070,828
  Delta Air Lines Inc. 20,164,058 965,253
* Royal Caribbean Cruises Ltd. 6,849,965 952,214
  Tractor Supply Co. 3,393,948 888,264

          Shares Market
Value
($000)
* Dollar Tree Inc.   6,534,868       870,118
  eBay Inc.  16,340,010       862,426
  PulteGroup Inc.   6,646,638       801,717
* Ulta Beauty Inc.   1,530,549       800,293
* Take-Two Interactive Software Inc.   5,359,980       795,903
* NVR Inc.      94,859       768,354
* Deckers Outdoor Corp.     809,390       761,846
  Garmin Ltd.   4,812,067       716,372
* Aptiv plc   8,801,750       701,059
  Genuine Parts Co.   4,377,918       678,271
* ROBLOX Corp. Class A  17,413,848       664,861
  Williams-Sonoma Inc.   2,017,593       640,646
  Darden Restaurants Inc.   3,757,687       628,097
  Las Vegas Sands Corp.  11,869,398       613,648
* DraftKings Inc. Class A 13,439,733 610,298
* Warner Bros Discovery Inc. 69,037,503 602,697
  Omnicom Group Inc. 6,217,593 601,614
* Expedia Group Inc. 4,119,419 567,450
  Southwest Airlines Co. 18,764,164 547,726
  Domino's Pizza Inc. 1,097,231 545,192
* Live Nation Entertainment Inc. 5,066,468 535,880
* Carnival Corp. 31,634,521 516,908
  Best Buy Co. Inc. 6,089,853 499,551
* United Airlines Holdings Inc. 10,366,937 496,369
* Burlington Stores Inc. 2,031,108 471,603
  Pool Corp. 1,150,883 464,381
  LKQ Corp. 8,373,619 447,235
  RB Global Inc. 5,725,667 436,124
* CarMax Inc. 4,969,520 432,895
  Rollins Inc. 9,148,976 423,323
  Toll Brothers Inc. 3,268,074 422,791
* Floor & Decor Holdings Inc. Class A 3,170,716 410,988
* Liberty Media Corp.-Liberty Formula One Class C 6,084,376 399,135
  Dick's Sporting Goods Inc. 1,744,335 392,231
  Interpublic Group of Cos. Inc. 11,897,638 388,220
  News Corp. Class A 14,024,739 367,168
* MGM Resorts International 7,751,918 365,968
  Bath & Body Works Inc. 7,077,875 354,035
  Tapestry Inc. 7,256,531 344,540
  Wingstop Inc. 922,978 338,179
  Texas Roadhouse Inc. Class A 2,101,189 324,571
* elf Beauty Inc. 1,651,771 323,797
  Service Corp. International 4,349,142 322,750
* BJ's Wholesale Club Holdings Inc. 4,219,633 319,215
* American Airlines Group Inc. 20,428,283 313,574
  Wynn Resorts Ltd. 3,021,730 308,911
* Five Below Inc. 1,646,116 298,573
  Tempur Sealy International Inc. 5,145,921 292,391
*,1 Carvana Co. Class A 3,294,795 289,645
* Light & Wonder Inc. 2,820,629 287,958
* Caesars Entertainment Inc. 6,426,958 281,115
* Norwegian Cruise Line Holdings Ltd. 13,364,564 279,720
  Aramark 8,202,529 266,746
  Vail Resorts Inc. 1,189,272 265,005
  Gentex Corp. 7,322,331 264,483
  PVH Corp. 1,869,423 262,860
*,1 Rivian Automotive Inc. Class A 23,920,978 261,935
  Lithia Motors Inc. Class A 868,426 261,275

          Shares Market
Value
($000)
  Lear Corp.   1,786,573       258,839
* Crocs Inc.   1,798,013       258,554
* Skechers USA Inc. Class A   4,212,643       258,067
  Churchill Downs Inc.   2,075,884       256,891
* Etsy Inc.   3,700,791       254,318
  BorgWarner Inc.   7,245,784       251,719
  Fox Corp. Class A   7,954,474       248,736
* SiteOne Landscape Supply Inc.   1,414,965       246,982
  Murphy USA Inc.     588,124       246,542
* Duolingo Inc. Class A   1,073,765       236,851
  Hasbro Inc.   4,144,009       234,219
* Mattel Inc.  11,189,257       221,659
  H&R Block Inc.   4,409,452       216,548
  Hyatt Hotels Corp. Class A   1,331,296       212,501
  New York Times Co. Class A 4,888,223 211,269
  Gap Inc. 7,592,409 209,171
  Ralph Lauren Corp. Class A 1,099,360 206,416
  Whirlpool Corp. 1,722,757 206,093
* Bright Horizons Family Solutions Inc. 1,813,079 205,531
  U-Haul Holding Co. (XNYS) 3,078,864 205,299
* Lyft Inc. Class A 10,563,726 204,408
  Meritage Homes Corp. 1,148,424 201,502
1 Paramount Global Class B 16,944,529 199,437
* Taylor Morrison Home Corp. Class A 3,207,443 199,407
* Wayfair Inc. Class A 2,854,808 193,784
  Wyndham Hotels & Resorts Inc. 2,520,447 193,444
  Thor Industries Inc. 1,597,889 187,496
* Abercrombie & Fitch Co. Class A 1,492,287 187,028
* Liberty Media Corp.-Liberty SiriusXM 6,020,383 178,866
  Nexstar Media Group Inc. Class A 1,011,386 174,252
  Harley-Davidson Inc. 3,945,492 172,576
  Macy's Inc. 8,611,976 172,153
* Alaska Air Group Inc. 4,003,277 172,101
* AutoNation Inc. 1,039,298 172,087
  TKO Group Holdings Inc. Class A 1,968,798 170,124
  Polaris Inc. 1,693,325 169,536
  VF Corp. 11,028,937 169,184
* Planet Fitness Inc. Class A 2,700,734 169,147
  Lennar Corp. Class B 1,090,413 168,120
* Capri Holdings Ltd. 3,639,122 164,852
* RH 466,588 162,494
  Academy Sports & Outdoors Inc. 2,365,364 159,757
  Advance Auto Parts Inc. 1,859,298 158,208
* Ollie's Bargain Outlet Holdings Inc. 1,959,402 155,910
* Asbury Automotive Group Inc. 648,217 152,837
  KB Home 2,134,788 151,314
* Coty Inc. Class A 12,571,060 150,350
  American Eagle Outfitters Inc. 5,667,506 146,165
  Boyd Gaming Corp. 2,137,851 143,920
* Skyline Champion Corp. 1,641,737 139,564
*,1 Cava Group Inc. 1,978,506 138,594
  Signet Jewelers Ltd. 1,299,349 130,026
1 Warner Music Group Corp. Class A 3,917,997 129,372
* Grand Canyon Education Inc. 941,170 128,197
* Goodyear Tire & Rubber Co. 8,910,683 122,344
* Shake Shack Inc. Class A 1,174,965 122,232
  Group 1 Automotive Inc. 406,332 118,742
1 Choice Hotels International Inc. 937,271 118,424

          Shares Market
Value
($000)
* Hilton Grand Vacations Inc.   2,415,460       114,034
* M/I Homes Inc.     827,301       112,753
  Endeavor Group Holdings Inc. Class A   4,297,838       110,583
* Tri Pointe Homes Inc.   2,852,726       110,286
  MDC Holdings Inc.   1,749,098       110,036
* Madison Square Garden Sports Corp.     586,132       108,153
  Marriott Vacations Worldwide Corp.     990,125       106,666
  Kontoor Brands Inc.   1,765,048       106,344
  Wendy's Co.   5,594,226       105,395
* YETI Holdings Inc.   2,730,021       105,242
  Travel + Leisure Co.   2,121,339       103,861
* Visteon Corp.     882,689       103,813
  Penske Automotive Group Inc.     637,283       103,233
*,1 GameStop Corp. Class A   8,132,012       101,813
1 Kohl's Corp. 3,485,760 101,610
  Newell Brands Inc. 12,390,513 99,496
* Cavco Industries Inc. 245,957 98,152
* Liberty Media Corp.-Liberty SiriusXM Class A 3,257,985 96,762
  Steven Madden Ltd. 2,230,098 94,289
  Rush Enterprises Inc. Class A 1,761,522 94,277
  Red Rock Resorts Inc. Class A 1,568,435 93,824
  LCI Industries 760,774 93,621
  TEGNA Inc. 6,217,789 92,894
  Fox Corp. Class B 3,240,768 92,751
  Carter's Inc. 1,074,590 90,996
* Urban Outfitters Inc. 2,067,880 89,787
* Boot Barn Holdings Inc. 937,942 89,245
  Century Communities Inc. 914,135 88,214
* TripAdvisor Inc. 3,165,693 87,975
* Penn Entertainment Inc. 4,778,815 87,022
* Helen of Troy Ltd. 747,574 86,150
  Columbia Sportswear Co. 1,047,040 84,999
  Foot Locker Inc. 2,943,574 83,892
* SkyWest Inc. 1,200,833 82,954
  Graham Holdings Co. Class B 107,633 82,628
* Frontdoor Inc. 2,527,949 82,361
*,1 Lucid Group Inc. 28,839,657 82,193
* Stride Inc. 1,296,741 81,760
* Dorman Products Inc. 841,407 81,103
  Inter Parfums Inc. 556,179 78,149
  Bloomin' Brands Inc. 2,723,029 78,096
*,1 JetBlue Airways Corp. 10,440,157 77,466
  Leggett & Platt Inc. 3,974,125 76,105
* Sonos Inc. 3,940,965 75,115
* ACV Auctions Inc. Class A 3,968,991 74,498
*,1 Dutch Bros Inc. Class A 2,222,110 73,330
* LGI Homes Inc. 626,578 72,915
  Strategic Education Inc. 691,997 72,051
* Topgolf Callaway Brands Corp. 4,358,520 70,477
* Brinker International Inc. 1,400,467 69,575
1 Avis Budget Group Inc. 567,176 69,456
* Fox Factory Holding Corp. 1,330,040 69,255
  Papa John's International Inc. 1,025,406 68,292
* Liberty Media Corp.-Liberty Live Class C 1,557,193 68,236
* Sweetgreen Inc. Class A 2,657,358 67,125
  PriceSmart Inc. 782,108 65,697
  Laureate Education Inc. 4,458,026 64,953
*,1 QuantumScape Corp. Class A 10,082,115 63,417

          Shares Market
Value
($000)
* Dave & Buster's Entertainment Inc.   1,006,250        62,991
  HNI Corp.   1,393,005        62,866
  Winnebago Industries Inc.     847,183        62,692
* Green Brick Partners Inc.   1,038,930        62,575
*,1 PowerSchool Holdings Inc. Class A   2,937,415        62,538
* United Parks & Resorts Inc.   1,105,819        62,158
  Acushnet Holdings Corp.     939,473        61,958
* Cinemark Holdings Inc.   3,435,347        61,733
1 Nordstrom Inc.   3,011,765        61,048
* Hanesbrands Inc.  10,465,486        60,700
* Adtalem Global Education Inc.   1,175,296        60,410
* OPENLANE Inc.   3,472,344        60,072
* Gentherm Inc.   1,032,797        59,468
  Worthington Enterprises Inc.     947,651        58,972
* Six Flags Entertainment Corp. 2,230,999 58,720
* Chewy Inc. Class A 3,658,063 58,200
  MillerKnoll Inc. 2,313,811 57,290
* ODP Corp. 1,065,974 56,550
  Phinia Inc. 1,465,653 56,325
  Levi Strauss & Co. Class A 2,799,957 55,971
* National Vision Holdings Inc. 2,465,145 54,628
  Oxford Industries Inc. 474,444 53,328
* Vista Outdoor Inc. 1,614,696 52,930
  Cheesecake Factory Inc. 1,438,970 52,019
  Dana Inc. 4,091,972 51,968
  La-Z-Boy Inc. 1,358,210 51,096
1 Cracker Barrel Old Country Store Inc. 699,233 50,855
* Liberty Media Corp.-Liberty Formula One Class A 863,941 50,748
* Beyond Inc. 1,408,493 50,579
* Atlanta Braves Holdings Inc. Class C 1,279,966 49,995
  John Wiley & Sons Inc. Class A 1,309,220 49,921
* Central Garden & Pet Co. Class A 1,331,004 49,141
  PROG Holdings Inc. 1,426,160 49,117
  Upbound Group Inc. 1,392,177 49,019
* Under Armour Inc. Class A 6,641,580 49,015
* Coursera Inc. 3,364,070 47,164
* Knowles Corp. 2,928,084 47,142
* Victoria's Secret & Co. 2,424,744 46,992
1 Dillard's Inc. Class A 97,251 45,867
  Jack in the Box Inc. 649,390 44,470
1 Caleres Inc. 1,067,586 43,803
  News Corp. Class B 1,615,572 43,717
* Peloton Interactive Inc. Class A 10,095,645 43,260
*,1 Sphere Entertainment Co. 864,344 42,422
1 Krispy Kreme Inc. 2,739,625 41,738
* Sally Beauty Holdings Inc. 3,313,065 41,148
* Under Armour Inc. Class C 5,478,508 39,117
* Madison Square Garden Entertainment Corp. Class A 982,770 38,534
  Buckle Inc. 933,452 37,590
* Arlo Technologies Inc. 2,946,230 37,270
1 Guess? Inc. 1,180,407 37,147
  Allegiant Travel Co. 493,056 37,083
* G-III Apparel Group Ltd. 1,267,197 36,761
  Steelcase Inc. Class A 2,784,849 36,426
  Camping World Holdings Inc. Class A 1,304,130 36,320
* Life Time Group Holdings Inc. 2,290,214 35,544
* XPEL Inc. 651,613 35,200
  Perdoceo Education Corp. 1,954,284 34,317

          Shares Market
Value
($000)
* Cars.com Inc.   1,985,184        34,105
* Leslie's Inc.   5,207,489        33,849
* Lions Gate Entertainment Corp. Class B   3,626,154        33,760
* Udemy Inc.   3,049,835        33,487
  Winmark Corp.      90,570        32,759
  Monarch Casino & Resort Inc.     414,701        31,098
* Beazer Homes USA Inc.     932,884        30,599
* Hertz Global Holdings Inc.   3,859,419        30,219
  Monro Inc.     939,475        29,631
*,1 AMC Entertainment Holdings Inc. Class A   7,964,973        29,630
  Interface Inc. Class A   1,747,872        29,399
* Sabre Corp.  11,904,668        28,809
  Hibbett Inc.     373,270        28,671
1 Sirius XM Holdings Inc.   7,361,604        28,563
* Driven Brands Holdings Inc. 1,804,350 28,491
  Matthews International Corp. Class A 907,731 28,212
* Dream Finders Homes Inc. Class A 628,242 27,473
* Integral Ad Science Holding Corp. 2,724,111 27,159
* QuinStreet Inc. 1,529,710 27,015
  Wolverine World Wide Inc. 2,375,897 26,634
*,1 Revolve Group Inc. Class A 1,243,951 26,334
* Vizio Holding Corp. Class A 2,392,167 26,170
* Everi Holdings Inc. 2,556,183 25,690
* Liberty Media Corp.-Liberty Live Class A 606,584 25,689
* Malibu Boats Inc. Class A 589,909 25,531
* Portillo's Inc. Class A 1,799,091 25,511
  Sturm Ruger & Co. Inc. 550,066 25,386
  Sonic Automotive Inc. Class A 445,342 25,358
* American Axle & Manufacturing Holdings Inc. 3,427,385 25,226
* BJ's Restaurants Inc. 691,647 25,024
  Scholastic Corp. 662,829 24,995
  Smith & Wesson Brands Inc. 1,435,422 24,919
  Ethan Allen Interiors Inc. 706,698 24,431
  Golden Entertainment Inc. 652,569 24,034
* Lions Gate Entertainment Corp. Class A 2,387,058 23,751
* First Watch Restaurant Group Inc. 940,156 23,147
* Universal Technical Institute Inc. 1,446,192 23,052
*,1 Mister Car Wash Inc. 2,962,803 22,962
* Viad Corp. 578,888 22,860
  Arhaus Inc. Class A 1,421,645 21,879
* Thryv Holdings Inc. 981,926 21,828
* MarineMax Inc. 652,426 21,700
* Chegg Inc. 2,816,097 21,318
* Hovnanian Enterprises Inc. Class A 135,103 21,203
  Dine Brands Global Inc. 452,844 21,048
* Hawaiian Holdings Inc. 1,535,066 20,462
* Sun Country Airlines Holdings Inc. 1,353,298 20,421
* Figs Inc. Class A 4,009,051 19,965
  Rush Enterprises Inc. Class B 372,228 19,836
* Accel Entertainment Inc. Class A 1,667,086 19,655
* Kura Sushi USA Inc. Class A 169,486 19,518
  Shoe Carnival Inc. 523,976 19,198
* Stagwell Inc. Class A 3,048,576 18,962
1 A-Mark Precious Metals Inc. 601,141 18,449
* U-Haul Holding Co. 271,612 18,345
  Standard Motor Products Inc. 543,724 18,242
* Chuy's Holdings Inc. 538,171 18,153
  Global Industrial Co. 386,000 17,285

          Shares Market
Value
($000)
* Instructure Holdings Inc.     797,550        17,052
* Cardlytics Inc.   1,173,679        17,007
*,1 Central Garden & Pet Co.     393,235        16,842
1 Spirit Airlines Inc.   3,451,809        16,707
  Gray Television Inc.   2,626,625        16,600
*,1 Luminar Technologies Inc. Class A   8,377,638        16,504
* Clear Channel Outdoor Holdings Inc.   9,872,509        16,290
* Denny's Corp.   1,743,651        15,623
* Corsair Gaming Inc.   1,234,417        15,233
  RCI Hospitality Holdings Inc.     257,783        14,951
* Liquidity Services Inc.     796,281        14,811
*,1 Savers Value Village Inc.     768,118        14,809
  Haverty Furniture Cos. Inc.     432,749        14,765
1 Designer Brands Inc. Class A   1,347,109        14,724
* Daily Journal Corp. 40,449 14,627
* Clean Energy Fuels Corp. 5,278,198 14,146
* Stoneridge Inc. 754,834 13,919
* Qurate Retail Inc. Class A 10,701,126 13,162
  Movado Group Inc. 469,555 13,115
1 Sinclair Inc. 956,396 12,883
*,1 Wheels Up Experience Inc. 4,462,681 12,808
* MasterCraft Boat Holdings Inc. 519,891 12,332
* Bally's Corp. 869,673 12,123
* European Wax Center Inc. Class A 928,033 12,046
  Build-A-Bear Workshop Inc. 399,564 11,935
1 Bowlero Corp. Class A 830,720 11,381
* Xponential Fitness Inc. Class A 680,040 11,248
* America's Car-Mart Inc. 175,773 11,227
* AMC Networks Inc. Class A 920,231 11,162
*,1 Frontier Group Holdings Inc. 1,360,239 11,032
* PlayAGS Inc. 1,218,411 10,941
  Carriage Services Inc. Class A 403,057 10,899
* Gannett Co. Inc. 4,447,422 10,852
* Sleep Number Corp. 666,153 10,678
* Eastman Kodak Co. 2,128,139 10,534
  Marcus Corp. 735,658 10,490
* National CineMedia Inc. 2,013,699 10,371
* Rush Street Interactive Inc. 1,590,217 10,352
  Arko Corp. 1,801,796 10,270
* Genesco Inc. 356,443 10,030
*,1 RealReal Inc. 2,552,708 9,981
  Hooker Furnishings Corp. 411,372 9,877
  Carrols Restaurant Group Inc. 1,022,684 9,726
* Lovesac Co. 429,573 9,708
* Lindblad Expeditions Holdings Inc. 1,021,987 9,535
* 1-800-Flowers.com Inc. Class A 820,497 8,886
* Smith Douglas Homes Corp. Class A 297,310 8,830
*,1 Atlanta Braves Holdings Inc. Class A 209,763 8,789
  Climb Global Solutions Inc. 123,613 8,762
* EW Scripps Co. Class A 2,214,307 8,702
* Cooper-Standard Holdings Inc. 514,169 8,515
  Alta Equipment Group Inc. 656,951 8,508
* GoPro Inc. Class A 3,757,511 8,379
* American Public Education Inc. 581,601 8,259
* Potbelly Corp. 678,041 8,211
* Lincoln Educational Services Corp. 789,512 8,156
* Selectquote Inc. 4,071,903 8,144
* Turtle Beach Corp. 465,570 8,026

          Shares Market
Value
($000)
* OneWater Marine Inc. Class A     283,392         7,978
* Citi Trends Inc.     283,485         7,691
* Holley Inc.   1,717,446         7,660
*,1 iRobot Corp.     834,334         7,309
*,1 AMMO Inc.   2,622,875         7,213
  Superior Group of Cos. Inc.     436,143         7,205
  Hamilton Beach Brands Holding Co. Class A     290,580         7,079
* Zumiez Inc.     459,789         6,984
* El Pollo Loco Holdings Inc.     703,848         6,855
* Landsea Homes Corp.     471,629         6,853
* iHeartMedia Inc. Class A   3,277,349         6,850
* Playstudios Inc.   2,428,789         6,752
  Weyco Group Inc.     208,993         6,663
  Aaron's Co. Inc.     885,916         6,644
  Johnson Outdoors Inc. Class A 142,367 6,565
* Stitch Fix Inc. Class A 2,451,352 6,472
  Rocky Brands Inc. 237,571 6,445
*,1 SES AI Corp. 3,674,660 6,173
  Clarus Corp. 899,792 6,074
* Destination XL Group Inc. 1,647,809 5,932
* Legacy Housing Corp. 273,532 5,886
*,1 Angi Inc. Class A 2,206,396 5,781
* Boston Omaha Corp. Class A 373,881 5,780
* Full House Resorts Inc. 1,033,257 5,755
*,1 Blink Charging Co. 1,909,303 5,747
*,1 Petco Health & Wellness Co. Inc. Class A 2,517,580 5,740
* Vera Bradley Inc. 804,643 5,472
* JAKKS Pacific Inc. 220,775 5,453
* Funko Inc. Class A 871,755 5,440
* Outbrain Inc. 1,346,128 5,317
  Flexsteel Industries Inc. 141,934 5,294
* ONE Group Hospitality Inc. 946,750 5,273
  Lakeland Industries Inc. 278,388 5,095
* Tilly's Inc. Class A 738,888 5,024
* Emerald Holding Inc. 692,957 4,719
  Bassett Furniture Industries Inc. 318,860 4,706
* Tile Shop Holdings Inc. 668,927 4,703
*,1 ThredUp Inc. Class A 2,309,003 4,618
* Snap One Holdings Corp. 532,276 4,588
* Nerdy Inc. 1,557,723 4,533
  Acme United Corp. 95,934 4,508
*,1 WW International Inc. 2,400,773 4,441
* Motorcar Parts of America Inc. 550,982 4,430
  Escalade Inc. 306,815 4,219
  Lifetime Brands Inc. 402,426 4,217
* American Outdoor Brands Inc. 479,165 4,217
*,1 BARK Inc. 3,389,540 4,203
* Latham Group Inc. 1,053,027 4,170
* Lands' End Inc. 371,486 4,045
  Nathan's Famous Inc. 56,645 4,010
1 Cricut Inc. Class A 818,936 3,898
* Reservoir Media Inc. 490,277 3,888
  Townsquare Media Inc. Class A 352,814 3,874
*,1 Canoo Inc. 1,078,543 3,850
*,1 Big Lots Inc. 872,931 3,780
*,1 ContextLogic Inc. Class A 647,237 3,683
* Universal Electronics Inc. 353,070 3,534
* Biglari Holdings Inc. Class B 18,317 3,474

          Shares Market
Value
($000)
* Sportsman's Warehouse Holdings Inc.   1,116,772         3,473
* Strattec Security Corp.     145,120         3,444
* Century Casinos Inc.   1,084,503         3,427
*,1 Red Robin Gourmet Burgers Inc.     442,897         3,393
* Traeger Inc.   1,319,878         3,339
*,1 LiveOne Inc.   1,702,921         3,321
* Kewaunee Scientific Corp.      96,393         3,282
  Virco Manufacturing Corp.     299,276         3,271
  Cato Corp. Class A     552,767         3,189
* VOXX International Corp. Class A     389,401         3,178
  Canterbury Park Holding Corp.     133,795         3,025
*,1 Mondee Holdings Inc. Class A   1,309,000         3,024
  Marine Products Corp.     255,846         3,006
  Entravision Communications Corp. Class A   1,831,256         3,003
  Saga Communications Inc. Class A 134,076 2,991
* Noodles & Co. Class A 1,557,750 2,975
1 Purple Innovation Inc. Class A 1,645,889 2,864
* CarParts.com Inc. 1,730,090 2,803
* J. Jill Inc. 87,145 2,786
* Superior Industries International Inc. 883,561 2,562
* Travelzoo 249,980 2,545
*,1 Surf Air Mobility Inc. 2,894,155 2,440
1 Big 5 Sporting Goods Corp. 685,570 2,413
* Duluth Holdings Inc. Class B 488,310 2,393
*,1 Vuzix Corp. 1,888,919 2,286
* Lee Enterprises Inc. 167,206 2,229
  CompX International Inc. 64,007 2,195
*,1 Allbirds Inc. Class A 3,079,918 2,138
* LL Flooring Holdings Inc. 1,140,348 2,087
* RumbleON Inc. Class B 284,473 1,838
* Biglari Holdings Inc. Class A 1,924 1,820
* Solo Brands Inc. Class A 833,123 1,808
* Urban One Inc. 872,038 1,779
*,1 Tupperware Brands Corp. 1,306,065 1,750
*,1 Spruce Power Holding Corp. 429,600 1,706
  Crown Crafts Inc. 322,459 1,645
* GEN Restaurant Group Inc. Class A 130,100 1,520
* Cumulus Media Inc. Class A 422,698 1,518
*,1 Ondas Holdings Inc. 1,557,776 1,511
* Fossil Group Inc. 1,471,211 1,501
* Envela Corp. 323,754 1,496
* Harte Hanks Inc. 194,041 1,451
* Conn's Inc. 411,902 1,380
* Gaia Inc. Class A 447,999 1,380
*,1 Kartoon Studios Inc. 940,003 1,288
* Live Ventures Inc. 45,160 1,218
1 FAT Brands Inc. Class A 158,826 1,207
* Container Store Group Inc. 1,055,567 1,203
  NL Industries Inc. 160,465 1,176
* Brilliant Earth Group Inc. Class A 381,195 1,140
* CuriosityStream Inc. 986,623 1,056
*,1 Kirkland's Inc. 436,447 1,052
*,1 Vacasa Inc. Class A 153,870 1,049
*,1 Grove Collaborative Holdings 606,752 1,013
*,1 Lulu's Fashion Lounge Holdings Inc. 692,559 970
*,1 Mesa Air Group Inc. 1,084,447 954
*,1 2U Inc. 2,445,776 953
* Reading International Inc. Class A 508,467 936

          Shares Market
Value
($000)
* Marchex Inc. Class B     668,193           915
*,1 Sonder Holdings Inc.     304,152           900
*,1 Envirotech Vehicles Inc.     325,133           878
* Good Times Restaurants Inc.     350,945           867
*,1 Barnes & Noble Education Inc.   1,154,766           836
  Ark Restaurants Corp.      58,396           820
*,1 Children's Place Inc.      68,809           794
*,1 Lazydays Holdings Inc.     194,354           783
*,1 Mullen Automotive Inc.     140,294           730
* Delta Apparel Inc.     238,958           714
  DallasNews Corp.     176,590           675
*,1 Red Cat Holdings Inc.     849,136           650
*,1 FlexShopper Inc.     425,184           634
*,1 Loop Media Inc.   1,562,500           573
*,1 Rent the Runway Inc. Class A 1,617,196 559
*,1 Regis Corp. 70,385 513
* Fluent Inc. 1,010,603 498
*,1 Aterian Inc. 177,248 489
* Focus Universal Inc. 1,187,039 487
*,1 Cineverse Corp. 328,177 456
* Koss Corp. 150,699 387
  Flanigan's Enterprises Inc. 14,285 365
* Allied Gaming & Entertainment Inc. 348,665 352
*,2 Luby's Inc. 449,752 351
* Dolphin Entertainment Inc. 236,588 345
  Jerash Holdings US Inc. 108,562 332
*,1 Hall of Fame Resort & Entertainment Co. 92,022 330
* Vince Holding Corp. 85,410 278
* Xcel Brands Inc. 342,262 267
* Beasley Broadcast Group Inc. Class A 314,502 245
* InterGroup Corp. 10,032 225
*,1 Inspirato Inc. 56,159 222
*,1 Owlet Inc. 50,037 216
* Charles & Colvard Ltd. 610,246 208
* Sadot Group Inc. 608,212 182
* BurgerFi International Inc. 310,543 179
* Twin Vee PowerCats Co. 187,644 161
*,1 United Homes Group Inc. 21,683 152
* Stran & Co. Inc. 97,248 142
* Rave Restaurant Group Inc. 64,123 140
*,1 Sobr Safe Inc. 310,977 128
  FAT Brands Inc. Class B 17,809 112
* SPAR Group Inc. 98,700 96
*,1 XWELL Inc. 32,786 55
*,2 SRAX Inc. 590,641 41
* Dixie Group Inc. 65,480 37
* Getaround Inc. 117,845 36
* Yunhong Green CTI Ltd. 17,688 28
*,1 SRM Entertainment Inc. 16,042 26
* GameSquare Holdings Inc. 14,534 20
* Forward Industries Inc. 30,870 17
* Moving Image Technologies Inc. 36,139 17
* Emerson Radio Corp. 6,500 3
* Tandy Leather Factory Inc. 500 2
* Wilhelmina International Inc. 442 2
* Urban One Inc. Class A 518 1
*,1,2 Empire Resorts Inc. 96,356
            226,372,079

          Shares Market
Value
($000)
Consumer Staples (4.5%)
  Procter & Gamble Co.  73,957,373    11,999,584
  PepsiCo Inc.  43,189,322     7,558,563
  Coca-Cola Co. 121,901,494     7,457,933
  Philip Morris International Inc.  48,814,491     4,472,384
  CVS Health Corp.  39,569,961     3,156,100
  Mondelez International Inc. Class A  42,342,206     2,963,954
  Altria Group Inc.  55,370,514     2,415,262
  Colgate-Palmolive Co.  25,890,585     2,331,447
  McKesson Corp.   4,126,993     2,215,576
  Constellation Brands Inc. Class A   5,185,230     1,409,138
  Kimberly-Clark Corp.  10,573,877     1,367,731
* Monster Beverage Corp.  22,894,294     1,357,174
  Cencora Inc.   5,320,620     1,292,857
  Corteva Inc. 22,139,848 1,276,805
  Sysco Corp. 15,644,030 1,269,982
  General Mills Inc. 17,913,135 1,253,382
  Kenvue Inc. 54,246,074 1,164,121
  Kroger Co. 20,323,089 1,161,058
  Archer-Daniels-Midland Co. 16,775,719 1,053,683
  Keurig Dr Pepper Inc. 31,924,626 979,128
  Kraft Heinz Co. 24,851,448 917,018
  Hershey Co. 4,692,861 912,761
  Church & Dwight Co. Inc. 7,692,347 802,389
  McCormick & Co. Inc. (Non-Voting) 7,906,239 607,278
  Clorox Co. 3,896,666 596,619
  Tyson Foods Inc. Class A 8,978,969 527,335
1 Brown-Forman Corp. Class B 9,620,088 496,589
  Kellanova 8,581,408 491,629
  Lamb Weston Holdings Inc. 4,516,685 481,162
  Walgreens Boots Alliance Inc. 21,755,711 471,881
  Bunge Global SA 4,499,479 461,287
* Celsius Holdings Inc. 5,473,080 453,828
  Conagra Brands Inc. 15,040,796 445,809
  J M Smucker Co. 3,169,558 398,952
* US Foods Holding Corp. 7,332,189 395,718
  Molson Coors Beverage Co. Class B 5,584,323 375,546
  Casey's General Stores Inc. 1,174,442 374,001
* Performance Food Group Co. 4,909,225 366,425
  Hormel Foods Corp. 8,604,280 300,203
  Campbell Soup Co. 6,082,930 270,386
* BellRing Brands Inc. 4,114,199 242,861
  Ingredion Inc. 2,049,947 239,536
* Darling Ingredients Inc. 5,021,790 233,563
  Albertsons Cos. Inc. Class A 9,911,895 212,511
* Sprouts Farmers Market Inc. 3,203,158 206,540
* Freshpet Inc. 1,534,323 177,767
* Post Holdings Inc. 1,535,763 163,221
  Coca-Cola Consolidated Inc. 158,911 134,504
  Lancaster Colony Corp. 610,755 126,811
  Flowers Foods Inc. 5,313,156 126,187
  WD-40 Co. 426,400 108,011
* Simply Good Foods Co. 2,852,751 97,079
1 Brown-Forman Corp. Class A 1,651,260 87,434
  Primo Water Corp. 4,789,885 87,224
* Grocery Outlet Holding Corp. 2,797,446 80,511
  Spectrum Brands Holdings Inc. 880,530 78,376
  Cal-Maine Foods Inc. 1,256,992 73,974

          Shares Market
Value
($000)
* Boston Beer Co. Inc. Class A     230,679        70,223
  Energizer Holdings Inc.   2,255,331        66,397
  Edgewell Personal Care Co.   1,552,655        59,995
* TreeHouse Foods Inc.   1,529,581        59,577
  Andersons Inc.   1,013,753        58,159
  J & J Snack Foods Corp.     369,343        53,392
  Reynolds Consumer Products Inc.   1,695,953        48,436
  Vector Group Ltd.   4,189,540        45,917
* Chefs' Warehouse Inc.   1,121,466        42,234
  MGP Ingredients Inc.     450,803        38,828
* Pilgrim's Pride Corp.   1,116,574        38,321
  Universal Corp.     738,260        38,183
  WK Kellogg Co.   1,968,512        37,008
* National Beverage Corp.     744,991        35,357
  Ingles Markets Inc. Class A 446,062 34,204
  Utz Brands Inc. 1,786,048 32,935
  Weis Markets Inc. 509,774 32,829
* Vita Coco Co. Inc. 1,250,640 30,553
  Fresh Del Monte Produce Inc. 1,154,316 29,908
* Herbalife Ltd. 2,960,807 29,756
1 B&G Foods Inc. 2,472,368 28,284
  John B Sanfilippo & Son Inc. 243,834 25,827
  Seaboard Corp. 7,591 24,473
* Hain Celestial Group Inc. 2,803,171 22,033
  Nu Skin Enterprises Inc. Class A 1,553,764 21,489
  SpartanNash Co. 1,031,437 20,845
* United Natural Foods Inc. 1,774,760 20,392
* Vital Farms Inc. 744,016 17,298
  Turning Point Brands Inc. 576,129 16,881
* USANA Health Sciences Inc. 340,900 16,534
* Mission Produce Inc. 1,352,142 16,050
*,1 Beyond Meat Inc. 1,929,559 15,977
*,1 Westrock Coffee Co. 1,474,555 15,232
  ACCO Brands Corp. 2,704,367 15,172
  Tootsie Roll Industries Inc. 472,447 15,133
  Calavo Growers Inc. 513,751 14,287
* Duckhorn Portfolio Inc. 1,476,371 13,745
  Medifast Inc. 338,139 12,958
  Oil-Dri Corp. of America 162,851 12,142
* Beauty Health Co. 2,698,071 11,979
1 Limoneira Co. 587,466 11,491
*,1 Cibus Inc. Class A 465,386 10,453
* Seneca Foods Corp. Class A 163,001 9,275
* Nature's Sunshine Products Inc. 396,518 8,236
  Natural Grocers by Vitamin Cottage Inc. 424,908 7,670
* Honest Co. Inc. 1,802,774 7,301
* LifeMD Inc. 692,855 7,123
* Whole Earth Brands Inc. 1,333,855 6,443
  Village Super Market Inc. Class A 220,474 6,308
* Olaplex Holdings Inc. 3,032,201 5,822
* Mama's Creations Inc. 1,041,577 5,208
*,1 BRC Inc. Class A 1,204,824 5,157
* GrowGeneration Corp. 1,756,060 5,022
*,1 Lifecore Biomedical Inc. 775,941 4,120
* HF Foods Group Inc. 1,059,513 3,708
1 PetMed Express Inc. 640,080 3,066
* Lifeway Foods Inc. 172,782 2,975
*,1 ProPhase Labs Inc. 417,461 2,701

          Shares Market
Value
($000)
*,1 Veru Inc.   3,724,907         2,608
* Farmer Bros Co.     511,916         1,828
  Alico Inc.      57,624         1,687
*,1 PLBY Group Inc.   1,582,683         1,662
  Lifevantage Corp.     266,356         1,611
  AMCON Distributing Co.       7,756         1,427
* Natural Alternatives International Inc.     162,521           990
*,1 Benson Hill Inc.   3,980,438           798
* Willamette Valley Vineyards Inc.     152,433           764
* Zevia PBC Class A     627,442           734
*,1 Bridgford Foods Corp.      48,702           546
* Vintage Wine Estates Inc.   1,296,027           467
* Rocky Mountain Chocolate Factory Inc.     128,662           466
*,1 Splash Beverage Group Inc.     950,644           437
*,1 Local Bounti Corp. 130,217 379
* Urban-Gro Inc. 227,616 312
* Barfresh Food Group Inc. 233,784 278
* S&W Seed Co. 558,871 270
  Mannatech Inc. 30,953 265
* Real Good Food Co. Inc. Class A 562,143 203
*,1 Maison Solutions Inc. Class A 77,000 105
* FitLife Brands Inc. 343 8
* Stryve Foods Inc. Class A 2,189 3
            72,147,658
Energy (4.2%)
  Exxon Mobil Corp. 124,819,437 14,509,011
  Chevron Corp. 56,370,682 8,891,911
  ConocoPhillips 36,989,493 4,708,023
  Schlumberger NV 45,037,352 2,468,497
  Marathon Petroleum Corp. 11,926,336 2,403,157
  EOG Resources Inc. 18,245,603 2,332,518
  Phillips 66 13,434,721 2,194,427
  Pioneer Natural Resources Co. 7,340,015 1,926,754
  Valero Energy Corp. 10,440,543 1,782,096
  Williams Cos. Inc. 38,285,470 1,491,985
  ONEOK Inc. 18,321,267 1,468,816
  Hess Corp. 8,689,420 1,326,353
  Occidental Petroleum Corp. 19,392,086 1,260,292
  Cheniere Energy Inc. 6,987,620 1,126,963
  Diamondback Energy Inc. 5,597,242 1,109,205
  Kinder Morgan Inc. 59,145,245 1,084,724
  Baker Hughes Co. Class A 31,439,507 1,053,223
  Devon Energy Corp. 20,133,478 1,010,298
  Halliburton Co. 25,151,247 991,462
  Targa Resources Corp. 7,024,239 786,645
  Coterra Energy Inc. 22,522,077 627,916
* First Solar Inc. 3,192,451 538,886
  Marathon Oil Corp. 18,156,391 514,552
  EQT Corp. 13,868,612 514,109
* Enphase Energy Inc. 4,042,000 489,001
  Ovintiv Inc. 8,557,623 444,141
1 Chesapeake Energy Corp. 3,888,869 345,448
  Texas Pacific Land Corp. 581,052 336,144
  TechnipFMC plc 13,048,049 327,637
  APA Corp. 9,074,324 311,975
  HF Sinclair Corp. 4,996,960 301,666
  Permian Resources Corp. 16,426,947 290,100
* Southwestern Energy Co. 34,425,019 260,942

          Shares Market
Value
($000)
* Weatherford International plc   2,259,981       260,847
  Range Resources Corp.   7,219,121       248,554
* Antero Resources Corp.   8,515,077       246,937
  Civitas Resources Inc.   3,192,643       242,354
  NOV Inc.  12,409,821       242,240
* NEXTracker Inc. Class A   4,091,492       230,228
  Matador Resources Co.   3,389,841       226,340
  Chord Energy Corp.   1,229,366       219,122
  ChampionX Corp.   6,000,634       215,363
  Murphy Oil Corp.   4,640,950       212,091
  DT Midstream Inc.   3,060,663       187,007
  PBF Energy Inc. Class A   3,202,593       184,373
  SM Energy Co.   3,687,261       183,810
  Noble Corp. plc   3,574,061       173,306
  Equitrans Midstream Corp. 13,054,401 163,049
  Patterson-UTI Energy Inc. 13,134,839 156,830
  Antero Midstream Corp. 10,523,172 147,956
* Transocean Ltd. 23,348,435 146,628
1 Magnolia Oil & Gas Corp. Class A 5,377,538 139,547
* Tidewater Inc. 1,512,031 139,107
  Arcosa Inc. 1,531,876 131,527
  California Resources Corp. 2,197,863 121,102
  Helmerich & Payne Inc. 2,842,102 119,539
  Northern Oil & Gas Inc. 2,808,908 111,457
  Alpha Metallurgical Resources Inc. 336,489 111,435
* CNX Resources Corp. 4,640,751 110,079
  Viper Energy Inc. Class A 2,824,423 108,627
  Cactus Inc. Class A 2,043,785 102,373
  Liberty Energy Inc. Class A 4,789,503 99,239
  Warrior Met Coal Inc. 1,632,174 99,073
  Archrock Inc. 5,014,292 98,631
  Peabody Energy Corp. 3,734,698 90,604
1 New Fortress Energy Inc. 2,904,903 88,861
  Arch Resources Inc. 551,051 88,603
* Oceaneering International Inc. 3,169,384 74,164
* Callon Petroleum Co. 1,920,942 68,693
* Array Technologies Inc. 4,530,528 67,550
*,1 Plug Power Inc. 18,922,155 65,092
* Gulfport Energy Corp. 402,584 64,462
* Par Pacific Holdings Inc. 1,711,989 63,446
  Delek US Holdings Inc. 1,968,124 60,500
* Shoals Technologies Group Inc. Class A 5,359,433 59,918
  Sitio Royalties Corp. Class A 2,365,583 58,477
  CONSOL Energy Inc. 687,700 57,602
* Talos Energy Inc. 4,127,299 57,493
* DNOW Inc. 3,343,677 50,824
* Helix Energy Solutions Group Inc. 4,538,157 49,194
  World Kinect Corp. 1,794,480 47,464
*,1 Green Plains Inc. 2,027,579 46,878
* Vital Energy Inc. 835,441 43,894
* Diamond Offshore Drilling Inc. 3,209,799 43,782
  Kinetik Holdings Inc. Class A 1,031,231 41,115
  CVR Energy Inc. 1,103,020 39,334
*,1 Fluence Energy Inc. 2,109,945 36,586
1 Atlas Energy Solutions Inc. Class A 1,613,842 36,505
  Crescent Energy Co. Class A 2,926,646 34,827
* MRC Global Inc. 2,583,055 32,469
* Nabors Industries Ltd. 363,313 31,292

          Shares Market
Value
($000)
  SunCoke Energy Inc.   2,555,571        28,801
* REX American Resources Corp.     489,315        28,728
*,1 ChargePoint Holdings Inc.  13,416,308        25,491
  Core Laboratories Inc.   1,466,415        25,046
* Ameresco Inc. Class A   1,014,075        24,470
* Dril-Quip Inc.   1,074,918        24,218
* ProPetro Holding Corp.   2,946,583        23,808
  RPC Inc.   3,030,558        23,457
  Select Water Solutions Inc. Class A   2,541,247        23,456
  VAALCO Energy Inc.   3,348,516        23,339
* SilverBow Resources Inc.     679,153        23,186
1 Comstock Resources Inc.   2,469,869        22,920
* NextDecade Corp.   4,016,604        22,814
* Bristow Group Inc. Class A     697,412        18,970
* Newpark Resources Inc. 2,452,795 17,709
  Kodiak Gas Services Inc. 638,876 17,467
  Vitesse Energy Inc. 731,967 17,370
*,1 FuelCell Energy Inc. 14,164,601 16,856
* Centrus Energy Corp. Class A 401,409 16,671
* TETRA Technologies Inc. 3,636,214 16,108
  Berry Corp. 1,920,512 15,460
* American Superconductor Corp. 1,080,717 14,600
  SandRidge Energy Inc. 934,875 13,621
  Ramaco Resources Inc. Class A 740,739 12,474
*,1 Tellurian Inc. 18,638,553 12,328
* Oil States International Inc. 1,857,024 11,439
* DMC Global Inc. 541,287 10,550
* SEACOR Marine Holdings Inc. 748,120 10,429
* Matrix Service Co. 799,496 10,417
*,1 Stem Inc. 4,721,444 10,340
1 HighPeak Energy Inc. 559,143 8,818
*,1 SunPower Corp. 2,749,924 8,250
  Solaris Oilfield Infrastructure Inc. Class A 936,936 8,123
*,1 Solid Power Inc. 3,931,093 7,980
*,1 EVgo Inc. Class A 3,093,514 7,765
* Amplify Energy Corp. 1,168,987 7,727
1 W&T Offshore Inc. 2,900,663 7,687
  Riley Exploration Permian Inc. 222,645 7,347
*,1 Ring Energy Inc. 3,694,153 7,241
* Montauk Renewables Inc. 1,739,823 7,238
*,1 Aemetis Inc. 1,113,686 6,671
1 Granite Ridge Resources Inc. 1,006,231 6,541
* Forum Energy Technologies Inc. 319,667 6,387
* Natural Gas Services Group Inc. 322,774 6,271
* Geospace Technologies Corp. 461,249 6,084
*,1 Gevo Inc. 7,184,884 5,523
  Evolution Petroleum Corp. 896,436 5,504
*,1 ProFrac Holding Corp. Class A 656,776 5,491
  Ranger Energy Services Inc. Class A 407,442 4,600
* Hallador Energy Co. 723,136 3,854
*,1 TPI Composites Inc. 1,267,214 3,688
  NACCO Industries Inc. Class A 121,254 3,662
  Epsilon Energy Ltd. 638,076 3,506
  PHX Minerals Inc. 1,009,748 3,443
*,1 KLX Energy Services Holdings Inc. 413,144 3,198
*,1 American Resources Corp. 2,090,623 2,948
*,1 Beam Global 424,844 2,889
* Gulf Island Fabrication Inc. 383,184 2,816

          Shares Market
Value
($000)
* OPAL Fuels Inc. Class A     490,434         2,462
  Energy Services of America Corp.     288,082         2,377
*,1 PrimeEnergy Resources Corp.      19,756         1,981
* Profire Energy Inc.   1,065,714         1,972
  Ramaco Resources Inc. Class B     135,153         1,696
* Smart Sand Inc.     860,390         1,643
* Ideal Power Inc.     177,061         1,576
*,1 Empire Petroleum Corp.     287,746         1,470
*,1 Nine Energy Service Inc.     609,231         1,365
* Battalion Oil Corp.     223,426         1,265
* Flotek Industries Inc.     336,616         1,259
*,1 ESS Tech Inc.   1,738,872         1,258
* Mammoth Energy Services Inc.     308,591         1,123
  Adams Resources & Energy Inc.      31,232           906
*,1 FTC Solar Inc. 1,574,728 849
*,1 Stabilis Solutions Inc. 169,932 685
  Barnwell Industries Inc. 267,900 632
*,1 PEDEVCO Corp. 768,132 616
*,1 Independence Contract Drilling Inc. 287,714 535
  Mexco Energy Corp. 44,605 445
*,1 Enviva Inc. 928,942 409
*,1 Houston American Energy Corp. 281,247 374
*,1 Verde Clean Fuels Inc. 88,500 354
*,1 Ocean Power Technologies Inc. 1,001,472 265
* Superior Drilling Products Inc. 258,628 236
*,1 Dawson Geophysical Co. 129,781 184
  US Energy Corp. 133,545 144
*,1 Advent Technologies Holdings Inc. 760,618 137
* Camber Energy Inc. 332,001 68
* NCS Multistage Holdings Inc. 3,715 59
*,1,2 Novusterra Inc. 174,217
            66,659,417
Financials (10.9%)
* Berkshire Hathaway Inc. Class B 55,747,047 23,442,748
  JPMorgan Chase & Co. 90,511,323 18,129,418
  Bank of America Corp. 210,276,958 7,973,702
  Wells Fargo & Co. 112,422,641 6,516,016
  S&P Global Inc. 9,871,140 4,199,677
  Goldman Sachs Group Inc. 9,390,664 3,922,386
  Progressive Corp. 18,423,700 3,810,390
  BlackRock Inc. 4,440,215 3,701,807
  Morgan Stanley 38,565,805 3,631,356
  Citigroup Inc. 56,809,739 3,592,648
  Chubb Ltd. 12,742,521 3,301,969
  Charles Schwab Corp. 44,543,516 3,222,278
  Marsh & McLennan Cos. Inc. 15,449,121 3,182,210
  Blackstone Inc. 22,634,020 2,973,431
  Intercontinental Exchange Inc. 18,011,333 2,475,298
  CME Group Inc. 11,307,457 2,434,382
  US Bancorp 49,006,423 2,190,587
  KKR & Co. Inc. 20,860,826 2,098,182
  PNC Financial Services Group Inc. 12,503,938 2,020,636
  Aon plc Class A 5,930,686 1,979,189
  Moody's Corp. 4,876,647 1,916,669
  Arthur J Gallagher & Co. 6,807,217 1,702,077
  American International Group Inc. 21,430,061 1,675,188
  Travelers Cos. Inc. 7,211,572 1,659,671
  Truist Financial Corp. 41,865,102 1,631,902

          Shares Market
Value
($000)
  Aflac Inc.  18,136,093     1,557,165
* Coinbase Global Inc. Class A   5,842,315     1,548,915
  Allstate Corp.   8,280,864     1,432,672
  MetLife Inc.  19,329,176     1,432,485
  Apollo Global Management Inc.  12,472,255     1,402,505
  Ameriprise Financial Inc.   3,156,161     1,383,787
  Bank of New York Mellon Corp.  23,869,804     1,375,378
  MSCI Inc. Class A   2,363,804     1,324,794
  Prudential Financial Inc.  11,259,690     1,321,888
* Arch Capital Group Ltd.  11,152,859     1,030,970
  Discover Financial Services   7,846,629     1,028,615
  Hartford Financial Services Group Inc.   9,376,988       966,299
  Willis Towers Watson plc   3,215,164       884,170
  T. Rowe Price Group Inc.   7,035,402       857,756
  Nasdaq Inc. 13,561,008 855,700
  Fifth Third Bancorp 21,435,297 797,607
  M&T Bank Corp. 5,221,857 759,467
  Raymond James Financial Inc. 5,912,931 759,339
  Broadridge Financial Solutions Inc. 3,705,323 759,072
  Ares Management Corp. Class A 5,245,472 697,543
  State Street Corp. 9,018,180 697,286
* Berkshire Hathaway Inc. Class A 1,051 666,796
  Principal Financial Group Inc. 7,460,796 643,941
  Huntington Bancshares Inc. 45,416,360 633,558
  Brown & Brown Inc. 7,196,480 629,980
  LPL Financial Holdings Inc. 2,348,601 620,500
  Regions Financial Corp. 29,264,526 615,726
  Cincinnati Financial Corp. 4,928,664 611,992
  Cboe Global Markets Inc. 3,321,369 610,235
* Markel Group Inc. 392,187 596,705
  First Citizens BancShares Inc. Class A 338,156 552,885
  Northern Trust Corp. 6,123,834 544,531
  FactSet Research Systems Inc. 1,193,957 542,522
  Everest Group Ltd. 1,364,300 542,309
  W R Berkley Corp. 6,078,409 537,574
  Citizens Financial Group Inc. 13,748,338 498,927
  KeyCorp 29,467,578 465,882
  Loews Corp. 5,818,396 455,522
  Fidelity National Financial Inc. 8,117,560 431,042
  Equitable Holdings Inc. 10,502,367 399,195
  Reinsurance Group of America Inc. 2,048,447 395,104
  RenaissanceRe Holdings Ltd. 1,658,258 389,740
  Tradeweb Markets Inc. Class A 3,613,189 376,386
* Robinhood Markets Inc. Class A 18,683,996 376,109
  Kinsale Capital Group Inc. 693,524 363,920
  Interactive Brokers Group Inc. Class A 3,192,644 356,650
  East West Bancorp Inc. 4,445,171 351,657
  Ally Financial Inc. 8,629,090 350,255
  Carlyle Group Inc. 7,353,196 344,938
  Globe Life Inc. 2,931,654 341,157
  Erie Indemnity Co. Class A 802,895 322,419
  Annaly Capital Management Inc. 15,740,479 309,930
  Assurant Inc. 1,637,070 308,162
  American Financial Group Inc. 2,235,032 305,037
  Franklin Resources Inc. 9,985,995 280,706
  Primerica Inc. 1,098,558 277,891
  Webster Financial Corp. 5,437,388 276,056
  Unum Group 5,072,197 272,174

          Shares Market
Value
($000)
  Blue Owl Capital Inc. Class A  14,395,779       271,504
  First Horizon Corp.  17,573,639       270,634
  SEI Investments Co.   3,692,444       265,487
  MarketAxess Holdings Inc.   1,193,144       261,597
  Morningstar Inc.     805,866       248,505
  Old Republic International Corp.   7,922,325       243,374
  Stifel Financial Corp.   3,091,416       241,656
  Voya Financial Inc.   3,236,120       239,214
  Invesco Ltd.  13,809,250       229,095
  Comerica Inc.   4,133,479       227,300
1 Corebridge Financial Inc.   7,834,250       225,078
1 AGNC Investment Corp.  21,845,078       216,266
  Western Alliance Bancorp   3,269,535       209,871
  Houlihan Lokey Inc. Class A   1,633,111       209,349
  Selective Insurance Group Inc. 1,907,840 208,279
  Evercore Inc. Class A 1,073,256 206,698
  Cullen/Frost Bankers Inc. 1,822,673 205,178
  Jefferies Financial Group Inc. 4,649,797 205,056
*,1 SoFi Technologies Inc. 27,846,099 203,277
  SouthState Corp. 2,388,635 203,106
  RLI Corp. 1,366,548 202,891
  Zions Bancorp NA 4,659,319 202,214
  Popular Inc. 2,275,380 200,438
  Wintrust Financial Corp. 1,917,538 200,172
  Pinnacle Financial Partners Inc. 2,308,932 198,291
  Commerce Bancshares Inc. 3,645,879 193,961
  OneMain Holdings Inc. 3,780,142 193,127
  Starwood Property Trust Inc. 9,308,082 189,233
  First American Financial Corp. 3,081,501 188,126
  MGIC Investment Corp. 8,404,547 187,926
  Essent Group Ltd. 3,146,864 187,270
  Prosperity Bancshares Inc. 2,803,980 184,446
  Synovus Financial Corp. 4,375,368 175,277
  Rithm Capital Corp. 15,302,847 170,780
  Lincoln National Corp. 5,326,695 170,081
  Affiliated Managers Group Inc. 1,014,087 169,829
  Cadence Bank 5,778,850 167,587
  Ryan Specialty Holdings Inc. Class A 3,017,140 167,451
  Jackson Financial Inc. Class A 2,493,489 164,919
  Bank OZK 3,571,488 162,360
  Old National Bancorp 9,203,751 160,237
  FNB Corp. 11,271,349 158,926
  Radian Group Inc. 4,740,763 158,673
  Axis Capital Holdings Ltd. 2,406,717 156,485
  FirstCash Holdings Inc. 1,216,101 155,102
* Mr Cooper Group Inc. 1,975,772 154,011
  United Bankshares Inc. 4,252,284 152,189
  SLM Corp. 6,956,040 151,572
*,1 Marathon Digital Holdings Inc. 6,657,537 150,327
  Assured Guaranty Ltd. 1,683,432 146,879
  Lazard Inc. Class A 3,372,683 141,214
  Glacier Bancorp Inc. 3,490,549 140,599
  First Financial Bankshares Inc. 4,268,599 140,053
  White Mountains Insurance Group Ltd. 77,152 138,434
  Hanover Insurance Group Inc. 1,014,026 138,080
  Home BancShares Inc. 5,590,852 137,367
* American Equity Investment Life Holding Co. 2,432,237 136,740
  Hamilton Lane Inc. Class A 1,210,652 136,513

          Shares Market
Value
($000)
  Janus Henderson Group plc   4,142,902       136,260
  Columbia Banking System Inc.   6,560,183       126,940
  Moelis & Co. Class A   2,140,834       121,535
  Hancock Whitney Corp.   2,571,363       118,386
* Enstar Group Ltd.     379,356       117,889
  UMB Financial Corp.   1,341,859       116,728
  Kemper Corp.   1,841,938       114,053
  Valley National Bancorp  13,583,523       108,125
  Piper Sandler Cos.     537,280       106,645
  TPG Inc. Class A   2,328,286       104,074
  ServisFirst Bancshares Inc.   1,549,041       102,794
1 Blackstone Mortgage Trust Inc. Class A   5,155,216       102,640
  Ameris Bancorp   2,104,604       101,821
* Brighthouse Financial Inc.   1,962,691       101,157
  Walker & Dunlop Inc. 989,815 100,031
  International Bancshares Corp. 1,765,123 99,094
  Associated Banc-Corp 4,483,394 96,438
  Federated Hermes Inc. Class B 2,599,413 93,891
  United Community Banks Inc. 3,559,276 93,680
* Texas Capital Bancshares Inc. 1,517,500 93,402
  First Bancorp 5,287,911 92,750
  Artisan Partners Asset Management Inc. Class A 2,014,864 92,220
  BGC Group Inc. Class A 11,702,420 90,928
* Genworth Financial Inc. Class A 14,077,777 90,520
* Axos Financial Inc. 1,654,165 89,391
  CNO Financial Group Inc. 3,246,855 89,224
  First Hawaiian Inc. 4,041,437 88,750
  WSFS Financial Corp. 1,944,237 87,763
* NMI Holdings Inc. Class A 2,620,154 84,736
* Credit Acceptance Corp. 152,449 84,083
  Atlantic Union Bankshares Corp. 2,376,370 83,910
  Fulton Financial Corp. 5,217,218 82,902
  Cathay General Bancorp 2,183,568 82,604
* Clearwater Analytics Holdings Inc. Class A 4,572,304 80,884
  Community Bank System Inc. 1,681,007 80,739
  Bank of Hawaii Corp. 1,254,679 78,279
  Banc of California Inc. 5,142,913 78,224
  First Interstate BancSystem Inc. Class A 2,810,452 76,472
  CVB Financial Corp. 4,168,590 74,368
  Simmons First National Corp. Class A 3,744,389 72,866
  Pacific Premier Bancorp Inc. 3,023,150 72,556
  PennyMac Financial Services Inc. 796,523 72,555
* Oscar Health Inc. Class A 4,756,415 70,728
*,1 Riot Platforms Inc. 5,752,106 70,406
  Independent Bank Corp. 1,332,164 69,299
1 New York Community Bancorp Inc. 21,479,436 69,164
  Eastern Bankshares Inc. 5,001,847 68,925
  Seacoast Banking Corp. of Florida 2,681,878 68,093
  BOK Financial Corp. 737,040 67,808
  BankUnited Inc. 2,396,089 67,090
1 PJT Partners Inc. Class A 696,468 65,649
  First Merchants Corp. 1,863,759 65,045
1 Arbor Realty Trust Inc. 4,851,656 64,284
  First Financial Bancorp 2,826,861 63,378
  Victory Capital Holdings Inc. Class A 1,474,154 62,548
  Park National Corp. 459,674 62,447
* Palomar Holdings Inc. 736,565 61,746
  StepStone Group Inc. Class A 1,701,775 60,821

          Shares Market
Value
($000)
*,1 Upstart Holdings Inc.   2,252,348        60,566
  WaFd Inc.   2,064,132        59,922
  Towne Bank   2,130,879        59,792
  Cohen & Steers Inc.     773,491        59,474
* StoneX Group Inc.     838,697        58,927
*,1 Rocket Cos. Inc. Class A   3,991,428        58,075
* BRP Group Inc. Class A   2,004,385        58,007
* Triumph Financial Inc.     704,480        55,879
  OFG Bancorp   1,515,247        55,776
  Stewart Information Services Corp.     855,734        55,674
  Virtu Financial Inc. Class A   2,705,745        55,522
* Enova International Inc.     861,901        54,153
  Virtus Investment Partners Inc.     216,237        53,622
  Federal Agricultural Mortgage Corp. Class C     271,753        53,503
  WesBanco Inc. 1,783,354 53,162
  Renasant Corp. 1,677,126 52,528
* Bancorp Inc. 1,548,953 51,828
  Banner Corp. 1,078,777 51,781
  NBT Bancorp Inc. 1,407,141 51,614
  BancFirst Corp. 578,553 50,930
  Independent Bank Group Inc. 1,105,424 50,463
  Lakeland Financial Corp. 755,911 50,132
  Apollo Commercial Real Estate Finance Inc. 4,438,791 49,448
  Horace Mann Educators Corp. 1,315,404 48,657
  Trustmark Corp. 1,717,229 48,271
  Ready Capital Corp. 5,143,538 46,961
1 Two Harbors Investment Corp. 3,535,318 46,808
  Northwest Bancshares Inc. 4,005,083 46,659
  City Holding Co. 437,983 45,647
* Customers Bancorp Inc. 852,333 45,225
  Hilltop Holdings Inc. 1,440,579 45,119
  Compass Diversified Holdings 1,870,291 45,018
  Enterprise Financial Services Corp. 1,108,055 44,943
  First Bancorp (XNGS) 1,242,839 44,891
  Mercury General Corp. 868,469 44,813
  First Commonwealth Financial Corp. 3,167,971 44,098
  Navient Corp. 2,522,058 43,884
* Goosehead Insurance Inc. Class A 648,084 43,175
  Live Oak Bancshares Inc. 1,038,387 43,103
  Pathward Financial Inc. 840,736 42,440
  National Bank Holdings Corp. Class A 1,174,521 42,365
  FB Financial Corp. 1,121,315 42,229
*,1 Cannae Holdings Inc. 1,894,125 42,125
  Hope Bancorp Inc. 3,508,441 40,382
  Stock Yards Bancorp Inc. 819,391 40,076
  PennyMac Mortgage Investment Trust 2,723,974 39,988
  First Busey Corp. 1,659,772 39,918
  Ladder Capital Corp. Class A 3,573,503 39,773
  Heartland Financial USA Inc. 1,122,204 39,445
  Westamerica Bancorp 800,840 39,145
  Employers Holdings Inc. 849,144 38,543
* SiriusPoint Ltd. 2,951,113 37,509
  Nelnet Inc. Class A 392,344 37,135
  Safety Insurance Group Inc. 450,486 37,025
* Skyward Specialty Insurance Group Inc. 986,710 36,913
  S&T Bancorp Inc. 1,141,818 36,630
  Claros Mortgage Trust Inc. 3,683,721 35,953
  MFA Financial Inc. 3,146,636 35,903

          Shares Market
Value
($000)
  WisdomTree Inc.   3,840,658        35,296
  Safehold Inc.   1,662,230        34,242
  Nicolet Bankshares Inc.     394,388        33,913
  National Western Life Group Inc. Class A      68,666        33,781
  Stellar Bancorp Inc.   1,377,994        33,568
  Franklin BSP Realty Trust Inc.   2,476,476        33,086
  Veritex Holdings Inc.   1,610,257        32,994
  Chimera Investment Corp.   7,130,649        32,872
  Provident Financial Services Inc.   2,234,194        32,552
  Peoples Bancorp Inc.   1,060,394        31,398
  QCR Holdings Inc.     515,733        31,326
* Encore Capital Group Inc.     681,762        31,095
  Sandy Spring Bancorp Inc.   1,332,015        30,876
  Enact Holdings Inc.     990,254        30,876
  AMERISAFE Inc. 611,524 30,680
* PRA Group Inc. 1,172,626 30,582
1 ARMOUR Residential REIT Inc. 1,543,385 30,513
  Redwood Trust Inc. 4,753,044 30,277
  Preferred Bank 389,893 29,932
  Berkshire Hills Bancorp Inc. 1,295,151 29,685
  OceanFirst Financial Corp. 1,782,600 29,252
  German American Bancorp Inc. 841,855 29,162
* LendingClub Corp. 3,288,895 28,909
  Origin Bancorp Inc. 914,505 28,569
  TriCo Bancshares 767,047 28,212
1 Ellington Financial Inc. 2,345,056 27,695
*,1 Trupanion Inc. 982,815 27,136
*,1 Lemonade Inc. 1,649,075 27,061
  Southside Bancshares Inc. 913,177 26,692
  BrightSpire Capital Inc. Class A 3,815,617 26,290
  HCI Group Inc. 225,649 26,193
  Brookline Bancorp Inc. 2,567,778 25,575
  Bank First Corp. 277,704 24,069
  Capitol Federal Financial Inc. 3,959,210 23,597
  ConnectOne Bancorp Inc. 1,205,321 23,504
  First Bancshares Inc. 876,030 22,733
* AssetMark Financial Holdings Inc. 641,943 22,731
  Brightsphere Investment Group Inc. 994,321 22,710
  Lakeland Bancorp Inc. 1,873,980 22,675
  F&G Annuities & Life Inc. 553,396 22,440
  Amerant Bancorp Inc. Class A 952,796 22,191
  Community Trust Bancorp Inc. 519,040 22,137
  First Mid Bancshares Inc. 672,419 21,975
  Premier Financial Corp. 1,074,086 21,804
  TFS Financial Corp. 1,733,946 21,778
* Ambac Financial Group Inc. 1,388,584 21,704
1 UWM Holdings Corp. Class A 2,981,335 21,645
  Dynex Capital Inc. 1,734,627 21,596
  Heritage Financial Corp. 1,104,101 21,409
  Eagle Bancorp Inc. 908,241 21,335
  Dime Community Bancshares Inc. 1,102,842 21,241
* ProAssurance Corp. 1,602,791 20,612
  New York Mortgage Trust Inc. 2,830,234 20,378
  Old Second Bancorp Inc. 1,369,237 18,950
  Merchants Bancorp 435,336 18,798
*,1 EZCORP Inc. Class A 1,626,754 18,431
* Open Lending Corp. 2,939,769 18,403
*,1 NB Bancorp Inc. 1,325,100 18,101

          Shares Market
Value
($000)
  Univest Financial Corp.     849,446        17,685
  Tompkins Financial Corp.     348,518        17,527
  1st Source Corp.     329,188        17,256
  Mercantile Bank Corp.     445,880        17,162
  Business First Bancshares Inc.     760,359        16,941
  Byline Bancorp Inc.     778,856        16,917
  Universal Insurance Holdings Inc.     828,058        16,826
* CrossFirst Bankshares Inc.   1,204,317        16,668
  Great Southern Bancorp Inc.     303,360        16,630
  Central Pacific Financial Corp.     802,269        15,845
*,1 Root Inc. Class A     256,517        15,668
  TrustCo Bank Corp.     555,962        15,656
  Midland States Bancorp Inc.     621,763        15,625
  United Fire Group Inc.     715,675        15,580
  Equity Bancshares Inc. Class A 444,259 15,269
  Independent Bank Corp. (Michigan) 600,268 15,217
  Hanmi Financial Corp. 955,767 15,216
  Cambridge Bancorp 222,555 15,169
* Columbia Financial Inc. 873,503 15,033
  HarborOne Bancorp Inc. 1,387,342 14,789
1 Orchid Island Capital Inc. 1,654,826 14,778
  HomeTrust Bancshares Inc. 539,973 14,763
* LendingTree Inc. 348,147 14,741
  Heritage Commerce Corp. 1,714,761 14,713
  First Community Bankshares Inc. 424,580 14,703
  Horizon Bancorp Inc. 1,145,198 14,693
  American National Bankshares Inc. 306,612 14,644
  KKR Real Estate Finance Trust Inc. 1,449,073 14,578
  Washington Trust Bancorp Inc. 524,455 14,097
  TPG RE Finance Trust Inc. 1,820,124 14,051
* World Acceptance Corp. 96,269 13,957
  Metrocity Bankshares Inc. 559,065 13,954
  GCM Grosvenor Inc. Class A 1,439,205 13,903
  Camden National Corp. 403,850 13,537
  Diamond Hill Investment Group Inc. 87,653 13,513
  Southern Missouri Bancorp Inc. 307,036 13,421
  Republic Bancorp Inc. Class A 254,168 12,963
  Invesco Mortgage Capital Inc. 1,327,278 12,848
  Northfield Bancorp Inc. 1,281,890 12,460
* Metropolitan Bank Holding Corp. 321,479 12,377
1 B. Riley Financial Inc. 574,211 12,156
  Farmers National Banc Corp. 901,153 12,039
  Peapack-Gladstone Financial Corp. 494,609 12,034
  CNB Financial Corp. 589,913 12,028
* Coastal Financial Corp. 308,893 12,007
  First Foundation Inc. 1,569,544 11,850
  Alerus Financial Corp. 537,985 11,744
  First Financial Corp. 304,857 11,685
  Amalgamated Financial Corp. 484,286 11,623
  P10 Inc. Class A 1,363,329 11,479
  Northeast Bank 206,775 11,443
1 Burke & Herbert Financial Services Corp. 203,187 11,385
  Tiptree Inc. Class A 652,748 11,279
  Kearny Financial Corp. 1,729,141 11,136
  Capital City Bank Group Inc. 397,796 11,019
  Bar Harbor Bankshares 412,843 10,932
  Shore Bancshares Inc. 937,014 10,776
  Arrow Financial Corp. 425,918 10,656

          Shares Market
Value
($000)
  First Bank     772,053        10,608
  Flushing Financial Corp.     830,639        10,474
  Five Star Bancorp     457,809        10,301
  Capstar Financial Holdings Inc.     502,437        10,099
  Esquire Financial Holdings Inc.     207,042         9,828
* Greenlight Capital Re Ltd. Class A     777,685         9,698
  MBIA Inc.   1,384,207         9,357
1 NewtekOne Inc.     849,108         9,340
  Macatawa Bank Corp.     927,898         9,084
  SmartFinancial Inc.     431,066         9,083
  ACNB Corp.     240,632         9,048
* Carter Bankshares Inc.     713,080         9,013
  Northrim Bancorp Inc.     177,170         8,949
1 Hingham Institution For Savings      50,831         8,868
1 Orrstown Financial Services Inc. 324,958 8,699
  First Internet Bancorp 248,309 8,626
  James River Group Holdings Ltd. 922,642 8,581
  BayCom Corp. 416,128 8,576
  Financial Institutions Inc. 454,605 8,556
  HomeStreet Inc. 562,428 8,465
  Primis Financial Corp. 683,801 8,322
  Summit Financial Group Inc. 305,103 8,287
  FS Bancorp Inc. 235,928 8,189
  Donegal Group Inc. Class A 573,769 8,113
  Sierra Bancorp 400,739 8,095
  Home Bancorp Inc. 207,785 7,960
*,1 Dave Inc. 214,331 7,960
*,1 Hippo Holdings Inc. 435,245 7,952
  RBB Bancorp 441,068 7,944
  First Business Financial Services Inc. 210,631 7,899
  South Plains Financial Inc. 293,064 7,842
  Unity Bancorp Inc. 283,055 7,812
  Peoples Financial Services Corp. 179,591 7,742
  Citizens & Northern Corp. 411,676 7,731
* Heritage Insurance Holdings Inc. 725,152 7,723
  First Bancorp Inc. 312,841 7,708
  Civista Bancshares Inc. 498,664 7,669
* Southern First Bancshares Inc. 241,081 7,657
  Chicago Atlantic Real Estate Finance Inc. 485,214 7,652
  Granite Point Mortgage Trust Inc. 1,595,075 7,609
  Bank of Marin Bancorp 452,711 7,592
  West Bancorp Inc. 422,878 7,540
  First of Long Island Corp. 677,874 7,518
  Mid Penn Bancorp Inc. 375,070 7,505
  Guaranty Bancshares Inc. 245,873 7,465
  Codorus Valley Bancorp Inc. 327,738 7,459
* Blue Foundry Bancorp 796,766 7,458
  Farmers & Merchants Bancorp Inc. 334,487 7,456
  Waterstone Financial Inc. 606,450 7,381
* Third Coast Bancshares Inc. 367,701 7,361
  MVB Financial Corp. 326,585 7,286
  Sachem Capital Corp. 1,621,981 7,234
  MidWestOne Financial Group Inc. 301,896 7,076
  NexPoint Diversified Real Estate Trust 1,050,812 6,935
  Citizens Financial Services Inc. 140,718 6,923
  Oppenheimer Holdings Inc. Class A 171,663 6,853
  Crawford & Co. Class B 747,804 6,783
* Bridgewater Bancshares Inc. 575,325 6,697

          Shares Market
Value
($000)
  Central Valley Community Bancorp     335,730         6,678
  Enterprise Bancorp Inc.     256,112         6,651
  PCB Bancorp     402,063         6,566
1 Fidelity D&D Bancorp Inc.     135,396         6,557
  Timberland Bancorp Inc.     243,086         6,544
1 National Bankshares Inc.     192,646         6,436
  Red River Bancshares Inc.     127,970         6,372
1 Norwood Financial Corp.     233,548         6,355
  Colony Bankcorp Inc.     552,479         6,354
* FVCBankcorp Inc.     515,672         6,281
  John Marshall Bancorp Inc.     350,119         6,274
  Seven Hills Realty Trust     483,509         6,247
  Plumas Bancorp     169,162         6,223
  Investors Title Co.      37,662         6,146
  Ames National Corp. 304,490 6,145
  Greene County Bancorp Inc. 210,697 6,066
*,1 Forge Global Holdings Inc. 3,122,847 6,027
  AFC Gamma Inc. 482,535 5,974
*,1 Hagerty Inc. Class A 652,823 5,973
1 Oak Valley Bancorp 240,221 5,953
  Regional Management Corp. 245,340 5,940
  Princeton Bancorp Inc. 191,916 5,907
  Virginia National Bankshares Corp. 196,011 5,900
  HBT Financial Inc. 306,003 5,826
1 ChoiceOne Financial Services Inc. 210,998 5,771
*,1 AlTi Global Inc. 997,300 5,645
1 Middlefield Banc Corp. 233,829 5,584
1 Medallion Financial Corp. 699,890 5,536
* Ponce Financial Group Inc. 621,347 5,530
* NI Holdings Inc. 362,047 5,485
  Investar Holding Corp. 332,011 5,432
  Northeast Community Bancorp Inc. 345,302 5,432
* Sterling Bancorp Inc. 1,048,885 5,412
  Citizens Community Bancorp Inc. 441,300 5,362
  LCNB Corp. 336,315 5,361
  Southern States Bancshares Inc. 206,834 5,361
  AG Mortgage Investment Trust Inc. 875,202 5,356
  Western New England Bancorp Inc. 693,837 5,322
  Parke Bancorp Inc. 308,016 5,306
  Bankwell Financial Group Inc. 201,810 5,235
* California Bancorp 237,783 5,231
  Silvercrest Asset Management Group Inc. Class A 330,800 5,230
  LINKBANCORP Inc. 753,487 5,229
* Ocwen Financial Corp. 193,496 5,226
  Capital Bancorp Inc. 250,814 5,224
  Orange County Bancorp Inc. 112,237 5,163
1 Angel Oak Mortgage REIT Inc. 472,824 5,078
* eHealth Inc. 817,604 4,930
1 Evans Bancorp Inc. 164,399 4,909
* Pioneer Bancorp Inc. 497,901 4,884
  C&F Financial Corp. 99,381 4,870
  Peoples Bancorp of North Carolina Inc. 172,508 4,804
  Chemung Financial Corp. 111,554 4,739
  First Financial Northwest Inc. 230,464 4,738
*,1 American Coastal Insurance Corp. 441,637 4,721
  BCB Bancorp Inc. 450,678 4,710
  ESSA Bancorp Inc. 258,071 4,705
  Richmond Mutual Bancorp Inc. 412,213 4,584

          Shares Market
Value
($000)
  First United Corp.     199,956         4,581
1 First Community Corp.     255,221         4,449
* Provident Bancorp Inc.     471,499         4,291
  MainStreet Bancshares Inc.     235,574         4,278
  OP Bancorp     427,662         4,268
  Bank7 Corp.     146,279         4,125
* Velocity Financial Inc.     225,900         4,066
  Guild Holdings Co. Class A     273,002         4,027
* ECB Bancorp Inc.     306,402         3,977
1 William Penn Bancorp     318,150         3,929
  First Northwest Bancorp     247,244         3,869
  Federal Agricultural Mortgage Corp. Class A      24,284         3,791
  Penns Woods Bancorp Inc.     193,721         3,760
* Heritage Global Inc.   1,401,176         3,699
  Meridian Corp. 367,884 3,649
  Hawthorn Bancshares Inc. 177,281 3,622
  BankFinancial Corp. 339,678 3,567
* Southern California Bancorp 236,406 3,525
  Nexpoint Real Estate Finance Inc. 241,453 3,467
* ACRES Commercial Realty Corp. 245,355 3,450
  Westwood Holdings Group Inc. 277,674 3,421
1 Ellington Residential Mortgage REIT 486,682 3,363
*,1 Maiden Holdings Ltd. 1,475,921 3,321
  Eagle Bancorp Montana Inc. 257,546 3,307
* First Western Financial Inc. 223,114 3,253
  BV Financial Inc. 304,245 3,143
  Great Ajax Corp. 821,325 3,121
1 Cherry Hill Mortgage Investment Corp. 851,086 3,013
*,1 Citizens Inc. Class A 1,404,593 3,006
  United Security Bancshares 367,366 2,832
  Union Bankshares Inc. 92,353 2,817
  Riverview Bancorp Inc. 578,163 2,729
  First National Corp. 165,138 2,685
  First Savings Financial Group Inc. 159,427 2,670
* SR Bancorp Inc. 281,443 2,657
  Finward Bancorp 106,420 2,618
* loanDepot Inc. Class A 964,815 2,499
* Security National Financial Corp. Class A 311,888 2,467
  USCB Financial Holdings Inc. 213,020 2,428
* SWK Holdings Corp. 138,755 2,417
*,1 Consumer Portfolio Services Inc. 316,832 2,395
  Provident Financial Holdings Inc. 178,916 2,394
  Lument Finance Trust Inc. 927,124 2,309
*,3 1895 Bancorp of Wisconsin Inc. 331,179 2,259
* Finwise Bancorp 224,539 2,257
  Franklin Financial Services Corp. 85,988 2,253
* Oportun Financial Corp. 861,131 2,093
  TC Bancshares Inc. 151,263 2,080
  Old Point Financial Corp. 119,700 2,040
  Summit State Bank 181,477 1,969
  Territorial Bancorp Inc. 226,146 1,823
* Catalyst Bancorp Inc. 151,200 1,792
* NSTS Bancorp Inc. 186,636 1,781
  First Guaranty Bancshares Inc. 170,177 1,727
  First Capital Inc. 56,708 1,645
  Associated Capital Group Inc. Class A 48,920 1,600
* Broadway Financial Corp. 264,266 1,456
1 Blue Ridge Bankshares Inc. 525,645 1,414

          Shares Market
Value
($000)
* OppFi Inc.     543,794         1,359
  Manhattan Bridge Capital Inc.     262,659         1,329
  Hennessy Advisors Inc.     185,534         1,280
* Great Elm Group Inc.     643,568         1,236
* First Seacoast Bancorp     143,594         1,203
  AmeriServ Financial Inc.     458,124         1,191
  Bank of the James Financial Group Inc.     114,189         1,183
* Rhinebeck Bancorp Inc.     139,200         1,176
* GoHealth Inc. Class A     107,538         1,130
*,1 Finance of America Cos. Inc. Class A   1,481,602         1,089
* Kingstone Cos. Inc.     236,667         1,053
  US Global Investors Inc. Class A     376,672         1,047
* Nicholas Financial Inc.     148,305         1,003
* Bogota Financial Corp.     141,415         1,001
* Kingsway Financial Services Inc. 119,061 993
*,1 Bakkt Holdings Inc. Class A 2,068,865 951
*,1 Doma Holdings Inc. 203,388 923
* NeuroOne Medical Technologies Corp. 712,451 855
* Central Plains Bancshares Inc. 74,481 761
  Hanover Bancorp Inc. 50,047 742
*,1 CXApp Inc. 270,685 663
  Bayfirst Financial Corp. 48,538 629
* Lake Shore Bancorp Inc. 49,379 582
  MarketWise Inc. 304,854 527
*,1 SHF Holdings Inc. 512,546 495
*,1 Bitcoin Depot Inc. 250,405 475
* Fundamental Global Inc. 333,550 460
* PB Bankshares Inc. 35,551 455
* BM Technologies Inc. 261,126 431
*,1 Siebert Financial Corp. 190,659 402
* Daxor Corp. 47,328 400
* Patriot National Bancorp Inc. 101,605 372
  Village Bank & Trust Financial Corp. 8,110 347
* OptimumBank Holdings Inc. 53,269 229
  Texas Community Bancshares Inc. 9,328 135
* Ashford Inc. 57,708 130
* Griid Infrastructure Inc. 87,587 116
* Vericity Inc. 8,909 101
  Atlantic American Corp. 27,316 73
  FNCB Bancorp Inc. 9,635 58
* Prairie Operating Co. 5,906 52
* Carver Bancorp Inc. 29,885 46
* Generations Bancorp NY Inc. 2,924 29
* CaliberCos Inc. Class A 10,119 10
  Crawford & Co. Class A 775 7
  First US Bancshares Inc. 600 6
* Conifer Holdings Inc. 3,267 4
  Glen Burnie Bancorp 320 2
            174,882,139
Health Care (11.9%)
  Eli Lilly & Co. 26,884,580 20,915,128
  UnitedHealth Group Inc. 29,076,621 14,384,204
  Johnson & Johnson 75,712,337 11,976,935
  Merck & Co. Inc. 79,663,326 10,511,576
  AbbVie Inc. 55,525,848 10,111,257
  Thermo Fisher Scientific Inc. 11,988,090 6,967,598
  Abbott Laboratories 54,571,554 6,202,603
  Danaher Corp. 20,932,775 5,227,333

          Shares Market
Value
($000)
  Pfizer Inc. 177,584,686     4,927,975
  Amgen Inc.  16,848,245     4,790,293
* Intuitive Surgical Inc.  11,073,371     4,419,272
  Stryker Corp.  10,752,937     3,848,154
  Elevance Health Inc.   7,315,639     3,793,451
  Medtronic plc  41,816,680     3,644,324
  Bristol-Myers Squibb Co.  63,591,188     3,448,550
* Vertex Pharmaceuticals Inc.   8,125,184     3,396,408
  Cigna Group   9,197,745     3,340,529
* Boston Scientific Corp.  46,134,940     3,159,782
* Regeneron Pharmaceuticals Inc.   3,223,830     3,102,904
  Gilead Sciences Inc.  39,176,342     2,869,667
  Becton Dickinson & Co.   9,092,832     2,250,021
  Zoetis Inc. Class A  12,967,803     2,194,282
  HCA Healthcare Inc. 6,238,603 2,080,761
* Edwards Lifesciences Corp. 18,938,721 1,809,784
* Dexcom Inc. 12,124,642 1,681,688
* IQVIA Holdings Inc. 5,715,760 1,445,459
* IDEXX Laboratories Inc. 2,615,457 1,412,164
  Agilent Technologies Inc. 9,204,417 1,339,335
* Centene Corp. 16,825,771 1,320,486
  Humana Inc. 3,800,134 1,317,582
  GE HealthCare Technologies Inc. 13,609,444 1,237,235
* Moderna Inc. 10,801,345 1,150,991
* Veeva Systems Inc. Class A 4,570,712 1,058,988
* Biogen Inc. 4,561,028 983,494
  ResMed Inc. 4,629,866 916,852
  West Pharmaceutical Services Inc. 2,310,208 914,172
  Zimmer Biomet Holdings Inc. 6,576,746 867,999
  Cardinal Health Inc. 7,658,153 856,947
* Molina Healthcare Inc. 1,833,885 753,415
* Align Technology Inc. 2,288,859 750,563
  STERIS plc 3,108,165 698,778
* Illumina Inc. 4,992,863 685,620
  Baxter International Inc. 15,955,492 681,938
  Cooper Cos. Inc. 6,236,551 632,760
* Alnylam Pharmaceuticals Inc. 3,965,936 592,709
  Laboratory Corp. of America Holdings 2,647,128 578,292
* Hologic Inc. 7,397,244 576,689
* Avantor Inc. 21,233,799 542,948
* BioMarin Pharmaceutical Inc. 5,926,238 517,598
  Quest Diagnostics Inc. 3,485,932 464,012
  Viatris Inc. 37,747,125 450,701
* Charles River Laboratories International Inc. 1,613,889 437,283
* Neurocrine Biosciences Inc. 3,112,754 429,311
  Revvity Inc. 3,884,544 407,877
* Exact Sciences Corp. 5,683,286 392,488
* Shockwave Medical Inc. 1,157,586 376,945
* Insulet Corp. 2,194,377 376,116
* Sarepta Therapeutics Inc. 2,796,386 362,020
  Royalty Pharma plc Class A 11,903,089 361,497
  Bio-Techne Corp. 4,911,536 345,723
* Incyte Corp. 5,981,299 340,755
* United Therapeutics Corp. 1,479,849 339,951
  Teleflex Inc. 1,479,210 334,553
* Tenet Healthcare Corp. 3,155,883 331,715
  Universal Health Services Inc. Class B 1,814,583 331,089
* Natera Inc. 3,592,939 328,610

          Shares Market
Value
($000)
* Medpace Holdings Inc.     774,517       313,021
* Henry Schein Inc.   4,105,453       310,044
* Repligen Corp.   1,663,379       305,929
* Catalent Inc.   5,388,359       304,173
  Chemed Corp.     473,615       304,028
  Bruker Corp.   2,851,085       267,831
  Encompass Health Corp.   3,165,645       261,419
* Penumbra Inc.   1,150,058       256,670
* Elanco Animal Health Inc.  15,514,237       252,572
* Viking Therapeutics Inc.   3,029,575       248,425
* Jazz Pharmaceuticals plc   1,897,074       228,446
  Ensign Group Inc.   1,794,372       223,256
* Masimo Corp.   1,516,474       222,694
  DENTSPLY SIRONA Inc.   6,655,259       220,888
* Acadia Healthcare Co. Inc. 2,769,666 219,413
* HealthEquity Inc. 2,687,667 219,394
* Cytokinetics Inc. 3,104,142 217,631
* Exelixis Inc. 9,148,545 217,095
* Bio-Rad Laboratories Inc. Class A 627,630 217,078
* DaVita Inc. 1,530,137 211,235
* Vaxcyte Inc. 3,082,004 210,532
* Intra-Cellular Therapies Inc. 2,909,008 201,303
* Inspire Medical Systems Inc. 925,533 198,795
* Globus Medical Inc. Class A 3,607,520 193,507
* Apellis Pharmaceuticals Inc. 3,163,668 185,960
* Option Care Health Inc. 5,445,190 182,632
* Blueprint Medicines Corp. 1,913,706 181,534
* Ionis Pharmaceuticals Inc. 3,965,464 171,903
* Halozyme Therapeutics Inc. 4,018,849 163,487
* REVOLUTION Medicines Inc. 4,899,350 157,906
  Organon & Co. 8,038,104 151,116
* Madrigal Pharmaceuticals Inc. 535,723 143,059
* Alkermes plc 5,224,887 141,438
* Glaukos Corp. 1,456,509 137,334
  Perrigo Co. plc 4,262,843 137,221
* Krystal Biotech Inc. 767,054 136,482
* Haemonetics Corp. 1,593,924 136,041
* Bridgebio Pharma Inc. 4,356,743 134,710
* Lantheus Holdings Inc. 2,157,879 134,306
* Merit Medical Systems Inc. 1,743,389 132,062
* Insmed Inc. 4,589,502 124,513
* Integer Holdings Corp. 1,044,740 121,900
* Iovance Biotherapeutics Inc. 7,903,193 117,125
* Envista Holdings Corp. 5,397,204 115,392
* Ultragenyx Pharmaceutical Inc. 2,457,085 114,721
* Prestige Consumer Healthcare Inc. 1,571,205 114,007
* Fortrea Holdings Inc. 2,785,070 111,793
* Evolent Health Inc. Class A 3,395,849 111,350
* 10X Genomics Inc. Class A 2,940,190 110,345
* Axonics Inc. 1,593,042 109,872
* Arrowhead Pharmaceuticals Inc. 3,778,790 108,073
* Amicus Therapeutics Inc. 9,118,918 107,421
* iRhythm Technologies Inc. 916,830 106,352
* Biohaven Ltd. 1,916,048 104,789
* SpringWorks Therapeutics Inc. 2,121,463 104,418
* Azenta Inc. 1,672,813 100,837
* RadNet Inc. 2,069,734 100,713
* Ideaya Biosciences Inc. 2,276,733 99,903

          Shares Market
Value
($000)
* Progyny Inc.   2,565,155        97,861
* Cerevel Therapeutics Holdings Inc.   2,298,272        97,148
* Enovis Corp.   1,551,202        96,873
* Neogen Corp.   6,125,352        96,658
  Select Medical Holdings Corp.   3,205,837        96,656
*,1 Axsome Therapeutics Inc.   1,194,927        95,355
* Crinetics Pharmaceuticals Inc.   1,976,807        92,534
* Doximity Inc. Class A   3,348,464        90,107
* Amedisys Inc.     962,230        88,679
* Arcellx Inc.   1,271,318        88,420
* Celldex Therapeutics Inc.   2,028,868        85,152
*,1 Intellia Therapeutics Inc.   3,029,917        83,353
  Premier Inc. Class A   3,744,630        82,756
* Rhythm Pharmaceuticals Inc.   1,907,767        82,664
* Arvinas Inc. 1,963,520 81,054
* Nuvalent Inc. Class A 1,074,623 80,693
* Teladoc Health Inc. 5,212,223 78,705
* CorVel Corp. 298,847 78,585
* Vericel Corp. 1,503,267 78,200
*,1 Apogee Therapeutics Inc. 1,176,138 78,154
* ICU Medical Inc. 722,342 77,522
  CONMED Corp. 962,179 77,051
* Beam Therapeutics Inc. 2,308,897 76,286
* QuidelOrtho Corp. 1,579,433 75,718
  Patterson Cos. Inc. 2,716,344 75,107
* Inari Medical Inc. 1,541,342 73,954
* Integra LifeSciences Holdings Corp. 2,064,612 73,190
* Guardant Health Inc. 3,529,657 72,817
* Tandem Diabetes Care Inc. 2,052,514 72,680
* TransMedics Group Inc. 982,791 72,668
* ACADIA Pharmaceuticals Inc. 3,860,348 71,378
* Surgery Partners Inc. 2,389,661 71,284
* Hims & Hers Health Inc. 4,497,530 69,577
* PTC Therapeutics Inc. 2,379,484 69,219
* Immunovant Inc. 2,106,537 68,062
* Certara Inc. 3,776,200 67,518
* Denali Therapeutics Inc. 3,268,247 67,064
* PROCEPT BioRobotics Corp. 1,346,240 66,531
* Corcept Therapeutics Inc. 2,587,831 65,187
* Syndax Pharmaceuticals Inc. 2,728,464 64,937
* TG Therapeutics Inc. 4,268,348 64,922
* Kymera Therapeutics Inc. 1,584,303 63,689
* Owens & Minor Inc. 2,285,763 63,338
* NeoGenomics Inc. 4,013,586 63,094
* Alpine Immune Sciences Inc. 1,573,587 62,377
* Astrana Health Inc. 1,468,296 61,654
* Privia Health Group Inc. 3,135,515 61,425
* Dyne Therapeutics Inc. 2,105,383 59,772
* R1 RCM Inc. 4,616,870 59,465
* Twist Bioscience Corp. 1,725,574 59,204
* agilon health Inc. 9,580,991 58,444
* STAAR Surgical Co. 1,518,590 58,132
* Rocket Pharmaceuticals Inc. 2,131,005 57,409
* UFP Technologies Inc. 227,104 57,276
*,1 Geron Corp. 17,173,792 56,674
* Myriad Genetics Inc. 2,655,110 56,607
* Supernus Pharmaceuticals Inc. 1,635,223 55,777
* Catalyst Pharmaceuticals Inc. 3,487,248 55,587

          Shares Market
Value
($000)
* Addus HomeCare Corp.     515,419        53,263
* Avidity Biosciences Inc.   2,079,276        53,063
* Novocure Ltd.   3,365,494        52,603
* Dynavax Technologies Corp.   4,233,770        52,541
  US Physical Therapy Inc.     465,010        52,486
* Keros Therapeutics Inc.     789,235        52,247
* Ardelyx Inc.   7,123,862        52,004
*,1 Recursion Pharmaceuticals Inc. Class A   5,194,476        51,789
* Agios Pharmaceuticals Inc.   1,762,076        51,523
* Veracyte Inc.   2,287,274        50,686
* Amphastar Pharmaceuticals Inc.   1,151,928        50,581
* Vera Therapeutics Inc. Class A   1,156,751        49,879
* Protagonist Therapeutics Inc.   1,703,469        49,281
*,1 Ginkgo Bioworks Holdings Inc. Class A  41,511,880        48,154
* Akero Therapeutics Inc. 1,901,204 48,024
* Sotera Health Co. 3,986,945 47,883
* Kura Oncology Inc. 2,211,528 47,172
* 4D Molecular Therapeutics Inc. 1,473,812 46,956
* Edgewise Therapeutics Inc. 2,547,279 46,462
* AtriCure Inc. 1,417,899 43,132
* Xencor Inc. 1,916,927 42,422
* ADMA Biologics Inc. 6,422,063 42,386
* Omnicell Inc. 1,423,284 41,603
  LeMaitre Vascular Inc. 626,169 41,553
* Morphic Holding Inc. 1,171,761 41,246
* RxSight Inc. 799,153 41,220
* Ocular Therapeutix Inc. 4,517,530 41,110
* Alphatec Holdings Inc. 2,949,854 40,678
* Pacira BioSciences Inc. 1,389,595 40,604
  National HealthCare Corp. 429,063 40,551
*,1 Sana Biotechnology Inc. 4,045,216 40,452
* Tarsus Pharmaceuticals Inc. 1,104,951 40,165
* Inhibrx Inc. 1,122,246 39,234
* Collegium Pharmaceutical Inc. 992,745 38,538
* Phreesia Inc. 1,610,077 38,529
* Brookdale Senior Living Inc. 5,614,550 37,112
* Ligand Pharmaceuticals Inc. 501,975 36,694
* Ironwood Pharmaceuticals Inc. Class A 4,194,297 36,532
*,1 MannKind Corp. 8,009,614 36,284
* Relay Therapeutics Inc. 4,319,484 35,852
* Warby Parker Inc. Class A 2,581,115 35,129
* ANI Pharmaceuticals Inc. 507,773 35,102
* Harmony Biosciences Holdings Inc. 1,013,050 34,018
*,1 CG oncology Inc. 754,915 33,141
*,1 Mirum Pharmaceuticals Inc. 1,306,324 32,815
* BioCryst Pharmaceuticals Inc. 6,440,317 32,717
*,1 Immunome Inc. 1,324,141 32,680
* Vir Biotechnology Inc. 3,206,891 32,486
* Praxis Precision Medicines Inc. 520,522 31,762
*,1 Scholar Rock Holding Corp. 1,788,288 31,760
* Day One Biopharmaceuticals Inc. 1,916,016 31,653
* Pacific Biosciences of California Inc. 8,391,974 31,470
* Viridian Therapeutics Inc. 1,785,135 31,258
* EyePoint Pharmaceuticals Inc. 1,487,245 30,741
* Pliant Therapeutics Inc. 2,028,309 30,222
*,1 Janux Therapeutics Inc. 794,735 29,922
* Sage Therapeutics Inc. 1,593,487 29,862
* Arcutis Biotherapeutics Inc. 3,005,949 29,789

          Shares Market
Value
($000)
*,1 Soleno Therapeutics Inc.     693,733        29,692
* Verve Therapeutics Inc.   2,195,832        29,161
* REGENXBIO Inc.   1,383,853        29,158
* Healthcare Services Group Inc.   2,330,885        29,089
* Arcus Biosciences Inc.   1,530,780        28,901
* Avanos Medical Inc.   1,451,466        28,899
* Maravai LifeSciences Holdings Inc. Class A   3,296,028        28,577
* Disc Medicine Inc.     455,540        28,362
* 89bio Inc.   2,421,197        28,183
* Deciphera Pharmaceuticals Inc.   1,763,512        27,740
* AdaptHealth Corp. Class A   2,395,913        27,577
* MacroGenics Inc.   1,842,302        27,119
* BioLife Solutions Inc.   1,428,310        26,495
* Pediatrix Medical Group Inc.   2,609,918        26,177
*,1 ORIC Pharmaceuticals Inc. 1,894,116 26,044
*,1 Cassava Sciences Inc. 1,239,819 25,156
* Amneal Pharmaceuticals Inc. 4,120,585 24,971
* Quanterix Corp. 1,056,334 24,887
* Innoviva Inc. 1,591,375 24,253
* Arcturus Therapeutics Holdings Inc. 718,066 24,249
* Artivion Inc. 1,125,204 23,809
  Embecta Corp. 1,787,041 23,714
* Longboard Pharmaceuticals Inc. 1,094,394 23,639
  National Research Corp. 589,022 23,331
* Cogent Biosciences Inc. 3,382,465 22,730
* Cytek Biosciences Inc. 3,372,468 22,629
* Liquidia Corp. 1,533,490 22,619
*,1 ImmunityBio Inc. 4,199,294 22,550
* Fate Therapeutics Inc. 3,040,842 22,320
* Accolade Inc. 2,118,598 22,203
* Varex Imaging Corp. 1,207,292 21,852
* Zymeworks Inc. 2,049,493 21,561
* Standard BioTools Inc. 7,938,332 21,513
* Silk Road Medical Inc. 1,170,078 21,436
* Evolus Inc. 1,527,612 21,387
* Cabaletta Bio Inc. 1,250,591 21,335
* MiMedx Group Inc. 2,742,933 21,121
* Nurix Therapeutics Inc. 1,431,579 21,044
* Astria Therapeutics Inc. 1,468,001 20,662
* Zentalis Pharmaceuticals Inc. 1,298,187 20,459
*,1 Savara Inc. 3,936,294 19,603
* SI-BONE Inc. 1,187,253 19,435
  HealthStream Inc. 723,045 19,276
*,1 ARS Pharmaceuticals Inc. 1,881,058 19,224
* Editas Medicine Inc. 2,568,259 19,056
* Y-mAbs Therapeutics Inc. 1,160,761 18,874
  Atrion Corp. 39,908 18,499
* Travere Therapeutics Inc. 2,363,057 18,219
* Enhabit Inc. 1,544,467 17,993
* OmniAb Inc. 3,301,264 17,893
* Treace Medical Concepts Inc. 1,357,644 17,717
* Castle Biosciences Inc. 797,404 17,662
* Kiniksa Pharmaceuticals Ltd. Class A 895,169 17,662
*,1 BrightSpring Health Services Inc. 1,616,918 17,576
*,1 C4 Therapeutics Inc. 2,135,945 17,451
*,1 Neurogene Inc. 335,977 17,101
* CareDx Inc. 1,610,067 17,051
*,1 Novavax Inc. 3,548,698 16,963

          Shares Market
Value
($000)
*,1 Altimmune Inc.   1,663,139        16,931
* GoodRx Holdings Inc. Class A   2,337,009        16,593
* Pennant Group Inc.     842,023        16,529
* Annexon Inc.   2,262,952        16,225
* Fulcrum Therapeutics Inc.   1,697,209        16,022
* Cullinan Oncology Inc.     923,978        15,745
*,1 Korro Bio Inc.     174,665        15,720
* Orthofix Medical Inc.   1,080,786        15,693
* Nevro Corp.   1,075,248        15,527
*,1 ACELYRIN Inc.   2,295,657        15,496
*,1 Allogene Therapeutics Inc.   3,439,533        15,375
* Nuvation Bio Inc.   4,185,832        15,236
*,1 Summit Therapeutics Inc.   3,667,270        15,182
* Voyager Therapeutics Inc.   1,627,895        15,156
* PetIQ Inc. Class A 826,067 15,100
* Olema Pharmaceuticals Inc. 1,314,926 14,885
*,1 Cargo Therapeutics Inc. 657,618 14,678
*,1 LifeStance Health Group Inc. 2,354,310 14,526
*,1 Revance Therapeutics Inc. 2,945,294 14,491
* Mersana Therapeutics Inc. 3,223,043 14,439
* Alector Inc. 2,392,073 14,400
  Tourmaline Bio Inc. 628,216 14,386
*,1 Esperion Therapeutics Inc. 5,364,182 14,376
* Stoke Therapeutics Inc. 1,059,736 14,306
*,1 Applied Therapeutics Inc. 2,086,438 14,188
*,1 Prime Medicine Inc. 2,011,807 14,083
* Community Health Systems Inc. 3,990,145 13,965
* Marinus Pharmaceuticals Inc. 1,528,297 13,816
* Zimvie Inc. 834,529 13,761
* Tango Therapeutics Inc. 1,728,576 13,725
*,1 Absci Corp. 2,410,195 13,690
* Alignment Healthcare Inc. 2,724,412 13,513
* OraSure Technologies Inc. 2,160,925 13,290
* Dianthus Therapeutics Inc. 438,814 13,164
*,1 Harrow Inc. 993,657 13,146
* Adaptive Biotechnologies Corp. 4,090,955 13,132
* Fulgent Genetics Inc. 604,635 13,121
*,1 Avita Medical Inc. 817,453 13,104
* Avid Bioservices Inc. 1,948,696 13,056
* OrthoPediatrics Corp. 446,959 13,033
*,1 Lyell Immunopharma Inc. 5,817,818 12,974
* KalVista Pharmaceuticals Inc. 1,084,834 12,866
* Paragon 28 Inc. 1,027,475 12,689
* Talkspace Inc. 3,524,694 12,583
*,1 Ocugen Inc. 7,609,188 12,479
* Surmodics Inc. 422,044 12,383
* Perspective Therapeutics Inc. 10,340,272 12,305
* Health Catalyst Inc. 1,628,815 12,265
* HilleVax Inc. 736,127 12,242
* AnaptysBio Inc. 543,237 12,234
* Replimune Group Inc. 1,486,266 12,143
* Caribou Biosciences Inc. 2,343,333 12,045
* Taysha Gene Therapies Inc. 4,184,220 12,009
*,1 Heron Therapeutics Inc. 4,307,916 11,933
* MaxCyte Inc. 2,822,768 11,827
*,1 Phathom Pharmaceuticals Inc. 1,110,253 11,791
*,1 Jasper Therapeutics Inc. 401,219 11,780
*,1 Anavex Life Sciences Corp. 2,270,640 11,558

          Shares Market
Value
($000)
* Celcuity Inc.     534,053        11,536
* Tactile Systems Technology Inc.     703,137        11,426
*,1 Enliven Therapeutics Inc.     647,997        11,398
*,1 Solid Biosciences Inc.     854,682        11,384
* Anika Therapeutics Inc.     439,412        11,161
*,1 Biomea Fusion Inc.     746,264        11,157
* Enanta Pharmaceuticals Inc.     629,597        10,993
* Nkarta Inc.   1,016,662        10,990
*,1 Aerovate Therapeutics Inc.     362,228        10,711
* iTeos Therapeutics Inc.     772,805        10,541
* RAPT Therapeutics Inc.   1,171,266        10,518
* Axogen Inc.   1,285,874        10,377
* Inozyme Pharma Inc.   1,354,649        10,377
* Sutro Biopharma Inc.   1,822,398        10,297
* DocGo Inc. 2,541,320 10,267
* Corbus Pharmaceuticals Holdings Inc. 261,624 10,266
* Aquestive Therapeutics Inc. 2,404,170 10,242
* Agiliti Inc. 1,011,590 10,237
  SIGA Technologies Inc. 1,191,754 10,201
* Larimar Therapeutics Inc. 1,341,890 10,185
*,1 Shattuck Labs Inc. 1,119,070 10,004
*,1 Inovio Pharmaceuticals Inc. 714,469 9,917
*,1 Multiplan Corp. 12,054,814 9,779
*,1 Akebia Therapeutics Inc. 5,336,188 9,765
*,1 Fennec Pharmaceuticals Inc. 876,208 9,743
*,1 Theravance Biopharma Inc. 1,074,744 9,640
* Cerus Corp. 5,077,264 9,596
* Atea Pharmaceuticals Inc. 2,363,327 9,548
* Pulmonx Corp. 1,030,012 9,548
* Tenaya Therapeutics Inc. 1,822,107 9,530
* TScan Therapeutics Inc. 1,192,725 9,470
* Xeris Biopharma Holdings Inc. 4,254,957 9,403
*,1 ALX Oncology Holdings Inc. 832,905 9,287
*,1 Gossamer Bio Inc. 7,840,740 9,252
*,1 Zynex Inc. 733,808 9,077
  iRadimed Corp. 205,271 9,030
*,1 Verastem Inc. 758,148 8,946
*,1 Lexicon Pharmaceuticals Inc. 3,708,701 8,901
*,1 Renovaro Inc. 3,341,900 8,856
* Viemed Healthcare Inc. 908,456 8,567
*,1 Entrada Therapeutics Inc. 603,121 8,546
* Arbutus Biopharma Corp. 3,309,420 8,538
*,1 Mineralys Therapeutics Inc. 659,554 8,515
* Adverum Biotechnologies Inc. 586,245 8,289
*,1 OPKO Health Inc. 6,846,146 8,215
*,1 Clover Health Investments Corp. Class A 10,296,581 8,175
* Rigel Pharmaceuticals Inc. 5,487,802 8,122
*,1 2seventy bio Inc. 1,513,603 8,098
* Terns Pharmaceuticals Inc. 1,220,010 8,003
*,1 Coherus Biosciences Inc. 3,329,698 7,958
*,1 Inotiv Inc. 721,966 7,898
* ModivCare Inc. 334,644 7,847
*,1 Bluebird Bio Inc. 6,057,766 7,754
  Utah Medical Products Inc. 108,096 7,687
*,1 Ventyx Biosciences Inc. 1,392,604 7,659
* ChromaDex Corp. 2,196,484 7,644
* Accuray Inc. 3,061,222 7,561
*,1 Tyra Biosciences Inc. 459,291 7,532

          Shares Market
Value
($000)
*,1 Invivyd Inc.   1,695,394         7,528
*,1 Humacyte Inc.   2,387,975         7,427
  Phibro Animal Health Corp. Class A     570,414         7,375
*,1 ArriVent Biopharma Inc.     411,002         7,340
* Gritstone bio Inc.   2,850,640         7,326
*,1 CorMedix Inc.   1,725,079         7,314
* Codexis Inc.   2,075,798         7,245
* PepGen Inc.     492,801         7,244
* AngioDynamics Inc.   1,214,476         7,129
* Vanda Pharmaceuticals Inc.   1,724,775         7,089
*,1 X4 Pharmaceuticals Inc.   5,034,386         6,998
*,1 Atossa Therapeutics Inc.   3,863,710         6,955
*,1 Senseonics Holdings Inc.  12,969,419         6,888
* FibroGen Inc.   2,916,871         6,855
* Sharecare Inc. 8,885,896 6,820
* Vistagen Therapeutics Inc. 1,278,817 6,752
* Puma Biotechnology Inc. 1,271,564 6,739
*,1 Cardiff Oncology Inc. 1,254,717 6,700
* Aura Biosciences Inc. 848,999 6,665
*,1 Lineage Cell Therapeutics Inc. 4,416,552 6,536
*,1 Omeros Corp. 1,879,634 6,485
*,1 Actinium Pharmaceuticals Inc. 819,633 6,418
* Generation Bio Co. 1,557,423 6,339
*,1 Vaxart Inc. 4,824,687 6,272
*,1 Poseida Therapeutics Inc. Class A 1,948,115 6,214
* Lyra Therapeutics Inc. 992,543 6,174
* OptimizeRx Corp. 506,691 6,156
* Joint Corp. 469,145 6,127
* Black Diamond Therapeutics Inc. 1,206,831 6,119
*,1 XOMA Corp. 252,910 6,082
* FONAR Corp. 283,133 6,048
* G1 Therapeutics Inc. 1,386,934 5,992
* Monte Rosa Therapeutics Inc. 845,794 5,963
*,1 Quantum-Si Inc. 3,017,586 5,945
*,1 Capricor Therapeutics Inc. 872,176 5,922
* Inogen Inc. 733,584 5,920
* CVRx Inc. 323,376 5,889
*,1 Precigen Inc. 3,997,367 5,796
*,1 Zevra Therapeutics Inc. 996,332 5,779
* GlycoMimetics Inc. 1,925,297 5,776
* Aldeyra Therapeutics Inc. 1,758,714 5,751
* 908 Devices Inc. 759,302 5,733
*,1 Agenus Inc. 9,881,410 5,731
*,1 Alto Neuroscience Inc. 367,821 5,646
* American Well Corp. Class A 6,928,374 5,617
* InfuSystem Holdings Inc. 646,726 5,542
*,1 Coya Therapeutics Inc. 556,897 5,524
* Nektar Therapeutics Class A 5,855,804 5,470
* Ovid therapeutics Inc. 1,792,791 5,468
* Sera Prognostics Inc. Class A 593,566 5,401
*,1 Abeona Therapeutics Inc. 739,765 5,363
* Harvard Bioscience Inc. 1,261,693 5,350
*,1 ClearPoint Neuro Inc. 780,407 5,307
* Semler Scientific Inc. 181,351 5,297
*,1 Elevation Oncology Inc. 1,012,407 5,194
*,1 Trevi Therapeutics Inc. 1,505,149 5,193
* Kodiak Sciences Inc. 982,015 5,165
*,1 Amylyx Pharmaceuticals Inc. 1,811,143 5,144

          Shares Market
Value
($000)
* Nautilus Biotechnology Inc. Class A   1,745,090         5,131
* XBiotech Inc.     623,356         5,068
* Karyopharm Therapeutics Inc.   3,296,555         4,978
* Sight Sciences Inc.     933,753         4,930
* Erasca Inc.   2,377,535         4,898
* Third Harmonic Bio Inc.     517,116         4,882
*,1 Zomedica Corp.  33,158,730         4,838
*,1 Verrica Pharmaceuticals Inc.     815,893         4,830
*,1 AEON Biopharma Inc.     414,900         4,813
* CytomX Therapeutics Inc.   2,185,462         4,764
* Merrimack Pharmaceuticals Inc.     318,613         4,706
* Acumen Pharmaceuticals Inc.   1,146,316         4,643
*,1 Butterfly Network Inc.   4,265,224         4,606
*,1 23andMe Holding Co. Class A   8,516,086         4,531
* Werewolf Therapeutics Inc. 698,572 4,527
* Organogenesis Holdings Inc. Class A 1,588,928 4,513
*,1 IGM Biosciences Inc. 461,049 4,449
* BioAtla Inc. 1,269,840 4,368
* NeuroPace Inc. 329,220 4,346
* Compass Therapeutics Inc. 2,191,365 4,339
*,1 scPharmaceuticals Inc. 848,635 4,260
*,1 Inmune Bio Inc. 362,018 4,254
*,1 Stereotaxis Inc. 1,625,161 4,242
*,1 Pulse Biosciences Inc. 479,815 4,179
*,1 Sagimet Biosciences Inc. Class A 763,985 4,141
*,1 Akoya Biosciences Inc. 882,321 4,138
*,1 Biote Corp. Class A 709,354 4,114
* Electromed Inc. 253,800 4,099
*,1 Scilex Holding Co. 2,559,800 4,070
* Neuronetics Inc. 849,497 4,044
* Adicet Bio Inc. 1,709,603 4,018
*,1 Foghorn Therapeutics Inc. 597,869 4,012
* TruBridge Inc. 434,694 4,008
*,1 Relmada Therapeutics Inc. 851,916 3,961
*,1 Emergent BioSolutions Inc. 1,545,927 3,911
*,1 Genelux Corp. 608,133 3,910
*,1 Lexeo Therapeutics Inc. 247,700 3,884
* Optinose Inc. 2,646,505 3,864
* Pyxis Oncology Inc. 905,317 3,857
*,1 GeneDx Holdings Corp. Class A 410,782 3,750
*,1 Citius Pharmaceuticals Inc. 4,139,603 3,714
*,1 PDS Biotechnology Corp. 930,114 3,683
*,1 Orchestra BioMed Holdings Inc. 698,140 3,679
*,1 Tela Bio Inc. 643,290 3,647
*,1 Bioventus Inc. Class A 680,474 3,538
* Outset Medical Inc. 1,578,728 3,505
* Syros Pharmaceuticals Inc. 654,183 3,500
* Aveanna Healthcare Holdings Inc. 1,394,296 3,472
* Prelude Therapeutics Inc. 720,427 3,415
* aTyr Pharma Inc. 1,748,835 3,410
*,4 Scilex Holding Co. (Acquired 1/23/23, Cost $19,536) 2,203,228 3,153
1 LENZ Therapeutics Inc. 138,429 3,091
* Chimerix Inc. 2,904,360 3,079
* Athira Pharma Inc. 1,121,110 3,072
*,1 Greenwich Lifesciences Inc. 153,459 3,060
* Seer Inc. Class A 1,594,055 3,029
* Allakos Inc. 2,340,161 2,949
*,1 Galectin Therapeutics Inc. 1,227,446 2,934

          Shares Market
Value
($000)
*,1 Annovis Bio Inc.     246,095         2,929
* Anixa Biosciences Inc.     927,841         2,895
* Assertio Holdings Inc.   3,013,166         2,891
* Sangamo Therapeutics Inc.   4,289,425         2,875
*,1 Achieve Life Sciences Inc.     631,821         2,872
*,1 Omega Therapeutics Inc.     779,100         2,844
* Design Therapeutics Inc.     703,901         2,837
* Augmedix Inc.     693,372         2,836
*,1 Myomo Inc.     866,170         2,832
* Innovage Holding Corp.     630,750         2,801
*,1 CEL - SCI Corp.   1,426,103         2,724
* KORU Medical Systems Inc.   1,140,651         2,692
*,2 PDL BioPharma Inc.   2,258,201         2,687
*,1 Sanara Medtech Inc.      71,649         2,651
*,1 Reviva Pharmaceuticals Holdings Inc. 700,442 2,648
* Century Therapeutics Inc. 628,424 2,627
* PMV Pharmaceuticals Inc. 1,524,487 2,592
* Eton Pharmaceuticals Inc. 681,717 2,556
* Clearside Biomedical Inc. 1,666,102 2,549
*,1 Cue Biopharma Inc. 1,347,078 2,546
*,1 Mural Oncology plc 520,278 2,544
* Rezolute Inc. 996,174 2,540
* Aclaris Therapeutics Inc. 2,042,037 2,532
*,1 Vor BioPharma Inc. 1,043,613 2,473
*,1 Cartesian Therapeutics Inc. 3,799,067 2,469
*,1 AN2 Therapeutics Inc. 749,421 2,436
*,1 Carisma Therapeutics Inc. 1,054,783 2,394
* Hyperfine Inc. Class A 2,390,349 2,390
* Precision BioSciences Inc. 174,932 2,372
*,1 Seres Therapeutics Inc. 2,971,194 2,300
*,1 Outlook Therapeutics Inc. 190,840 2,279
* enVVeno Medical Corp. 418,536 2,277
*,1 Lantern Pharma Inc. 256,113 2,254
*,1 Societal CDMO Inc. 2,064,292 2,229
*,1 Acrivon Therapeutics Inc. 309,500 2,213
* Vincerx Pharma Inc. 436,711 2,210
*,1 Delcath Systems Inc. 452,607 2,159
*,1 Immuneering Corp. Class A 736,188 2,128
*,1 Cellectar Biosciences Inc. 531,862 2,117
*,1 Vigil Neuroscience Inc. 620,140 2,115
* Sensus Healthcare Inc. 555,562 2,111
*,1 AirSculpt Technologies Inc. 341,234 2,095
* Kinnate Biopharma Inc. 764,542 2,034
* Passage Bio Inc. 1,496,581 2,020
* NGM Biopharmaceuticals Inc. 1,269,403 2,018
* Oncology Institute Inc. 1,273,384 2,012
* Cidara Therapeutics Inc. 2,166,543 1,993
* DiaMedica Therapeutics Inc. 715,571 1,982
* Alimera Sciences Inc. 494,194 1,927
* Atara Biotherapeutics Inc. 2,710,236 1,881
* Personalis Inc. 1,213,997 1,809
*,1 Bioxcel Therapeutics Inc. 640,245 1,805
*,1 Asensus Surgical Inc. 7,734,650 1,779
* Corvus Pharmaceuticals Inc. 998,865 1,778
* Eagle Pharmaceuticals Inc. 336,766 1,765
* Spero Therapeutics Inc. 1,021,116 1,756
*,1 ProKidney Corp. Class A 1,064,701 1,746
* Pro-Dex Inc. 98,013 1,720

          Shares Market
Value
($000)
* SCYNEXIS Inc.   1,169,372         1,719
*,1 Immunic Inc.   1,299,004         1,715
* Kronos Bio Inc.   1,318,872         1,715
* Avrobio Inc.   1,330,679         1,703
* Kezar Life Sciences Inc.   1,877,555         1,693
* Forian Inc.     507,760         1,686
*,1 Leap Therapeutics Inc.     629,987         1,676
*,1 Matinas BioPharma Holdings Inc.   6,020,598         1,632
* Modular Medical Inc.     876,658         1,622
*,1 Rani Therapeutics Holdings Inc. Class A     518,702         1,613
*,1 Regulus Therapeutics Inc.     540,028         1,555
*,1 Assembly Biosciences Inc.     114,782         1,527
* Xtant Medical Holdings Inc.   1,294,395         1,514
* Enzo Biochem Inc.   1,187,908         1,509
* Eledon Pharmaceuticals Inc. 722,398 1,488
*,1 Nuvectis Pharma Inc. 181,040 1,485
* Ikena Oncology Inc. 1,031,034 1,464
* Co-Diagnostics Inc. 1,279,125 1,433
*,1 Beyond Air Inc. 813,829 1,416
* Elicio Therapeutics Inc. 184,939 1,406
* Curis Inc. 129,366 1,406
* Apyx Medical Corp. 1,015,930 1,382
* NextCure Inc. 613,827 1,369
*,1 Checkpoint Therapeutics Inc. 667,471 1,368
*,1 Ocuphire Pharma Inc. 675,815 1,358
*,1 Bionano Genomics Inc. 1,218,851 1,353
*,1 Allovir Inc. 1,771,721 1,337
* Sonida Senior Living Inc. 46,397 1,326
*,1 Equillium Inc. 570,835 1,319
*,1 Q32 Bio Inc. 75,262 1,282
* Cognition Therapeutics Inc. 693,067 1,261
*,1 Rockwell Medical Inc. 759,624 1,261
*,1 Celularity Inc. Class A 236,624 1,238
*,1 CytoSorbents Corp. 1,302,216 1,237
* Cara Therapeutics Inc. 1,354,313 1,232
*,1 Bolt Biotherapeutics Inc. 846,561 1,185
*,1 Rallybio Corp. 636,414 1,177
* iCAD Inc. 726,680 1,170
* Aadi Bioscience Inc. 499,926 1,170
* Dare Bioscience Inc. 2,375,133 1,164
* Protara Therapeutics Inc. 284,301 1,140
* IN8bio Inc. 952,487 1,124
*,1 IRIDEX Corp. 376,944 1,123
*,1 Eyenovia Inc. 1,109,164 1,094
*,1 SELLAS Life Sciences Group Inc. 1,079,237 1,090
*,1 Vaxxinity Inc. Class A 1,489,274 1,069
* Immix Biopharma Inc. 333,290 1,023
*,1 eFFECTOR Therapeutics Inc. 70,801 1,019
* LENSAR Inc. 282,930 1,004
* Dyadic International Inc. 596,383 996
* Hookipa Pharma Inc. 1,396,133 994
*,1 Reneo Pharmaceuticals Inc. 596,113 990
*,1 Vivani Medical Inc. 531,296 983
*,1 Oncternal Therapeutics Inc. 107,989 972
* Instil Bio Inc. 85,903 928
* Milestone Scientific Inc. 1,447,898 902
*,1 P3 Health Partners Inc. 868,499 895
*,1 Cutera Inc. 594,164 873

          Shares Market
Value
($000)
*,1 Quince Therapeutics Inc.     817,617           867
*,1 Vicarious Surgical Inc. Class A   2,852,321           860
* HeartBeam Inc.     391,822           854
*,1 Acurx Pharmaceuticals Inc.     346,150           848
* Elutia Inc.     267,003           841
*,1 Durect Corp.     692,730           838
*,1 Viracta Therapeutics Inc.     813,922           830
* Clene Inc.   1,911,118           813
  MEI Pharma Inc.     201,106           804
* Xilio Therapeutics Inc.     739,563           799
* ImmuCell Corp.     149,689           793
* Context Therapeutics Inc.     573,400           791
*,1 Palatin Technologies Inc.     422,079           789
* Alpha Teknova Inc.     303,047           767
*,1 NeueHealth Inc. 114,269 743
* Lipocine Inc. 141,076 734
*,1 Alaunos Therapeutics Inc. 403,930 731
*,1 Fortress Biotech Inc. 362,976 726
* Journey Medical Corp. 196,523 723
* Intensity Therapeutics Inc. 136,600 710
* Aligos Therapeutics Inc. 712,990 699
*,1 DermTech Inc. 967,000 679
*,1 Fractyl Health Inc. 90,755 672
* Surrozen Inc. 42,278 638
* AIM ImmunoTech Inc. 1,311,599 618
*,1 Marker Therapeutics Inc. 143,582 617
*,1 Singular Genomics Systems Inc. 1,180,133 607
*,1 Aspira Women's Health Inc. 194,906 604
*,1 Candel Therapeutics Inc. 381,421 603
* Kyverna Therapeutics Inc. 24,044 597
*,1 SAB Biotherapeutics Inc. 131,567 597
* UNITY Biotechnology Inc. 361,671 593
* ElectroCore Inc. 95,602 590
* Rapid Micro Biosystems Inc. Class A 594,568 577
*,1 Aprea Therapeutics Inc. 86,280 577
*,1 TherapeuticsMD Inc. 249,657 572
* ARCA biopharma Inc. 312,166 556
* Cryo-Cell International Inc. 72,980 544
*,1 BrainStorm Cell Therapeutics Inc. 951,371 537
* Lumos Pharma Inc. 187,322 528
* Turnstone Biologics Corp. 200,545 525
* Eliem Therapeutics Inc. 189,734 520
* Exagen Inc. 326,266 519
* Boundless Bio Inc. 36,236 516
* Ekso Bionics Holdings Inc. 377,615 514
* Indaptus Therapeutics Inc. 229,197 513
*,1 Movano Inc. 1,233,783 507
* Retractable Technologies Inc. 421,212 505
*,1 Spruce Biosciences Inc. 638,558 502
  Psychemedics Corp. 165,415 485
*,1 Cue Health Inc. 2,505,948 473
* Cumberland Pharmaceuticals Inc. 280,820 472
* Orgenesis Inc. 566,688 466
*,1 Sensei Biotherapeutics Inc. 441,585 464
*,1 NRX Pharmaceuticals Inc. 978,921 462
*,1 PAVmed Inc. 213,896 458
* Minerva Neurosciences Inc. 175,805 454
*,1 Oncocyte Corp. 153,986 451

          Shares Market
Value
($000)
*,1 MAIA Biotechnology Inc.     199,918           440
* Biodesix Inc.     305,359           437
* Microbot Medical Inc.     348,549           429
*,1 CareMax Inc.      88,279           425
*,1 Biora Therapeutics Inc.     372,034           409
*,1 vTv Therapeutics Inc. Class A      16,666           392
* Lisata Therapeutics Inc.     123,063           384
*,1 Metagenomi Inc.      36,208           382
*,1 Onconova Therapeutics Inc.     365,661           369
* Biomerica Inc.     440,355           366
*,1 NanoViricides Inc.     300,189           348
*,1 Anebulo Pharmaceuticals Inc.     121,000           347
* Cyclo Therapeutics Inc.     246,418           343
* Forte Biosciences Inc.     487,429           342
*,1 Bright Green Corp. 1,286,273 313
*,1 CareCloud Inc. 266,292 309
*,1 Lucid Diagnostics Inc. 366,924 297
* American Shared Hospital Services 97,646 288
* ATI Physical Therapy Inc. 49,713 277
* Cocrystal Pharma Inc. 191,359 274
* Dominari Holdings Inc. 111,013 272
*,1 Moleculin Biotech Inc. 44,365 262
* Hepion Pharmaceuticals Inc. 104,005 259
* Armata Pharmaceuticals Inc. 61,098 255
* Synlogic Inc. 139,449 250
*,1 Organovo Holdings Inc. 238,972 246
* Ocean Biomedical Inc. 64,976 246
* PharmaCyte Biotech Inc. 99,683 236
* Nephros Inc. 103,460 227
*,1 Strata Skin Sciences Inc. 593,248 224
* Incannex Healthcare Inc. 61,784 222
*,1 Accelerate Diagnostics Inc. 223,456 221
*,1 BioVie Inc. 415,089 219
* Nutriband Inc. 43,546 197
*,1 Bullfrog AI Holdings Inc. 58,856 189
*,1 BioCardia Inc. 457,496 186
* Predictive Oncology Inc. 72,211 184
* Unicycive Therapeutics Inc. 127,478 176
* Precision Optics Corp. Inc. 29,929 166
*,1 Molecular Templates Inc. 72,578 163
* Serina Therapeutics Inc. (XASE) 12,117 163
* Talis Biomedical Corp. 18,267 160
*,1 TFF Pharmaceuticals Inc. 22,607 140
*,1 Telesis Bio Inc. 307,523 135
* MiNK Therapeutics Inc. 148,229 135
*,1 Mustang Bio Inc. 130,294 135
* Know Labs Inc. 211,143 133
*,1 Seelos Therapeutics Inc. 224,893 133
* Upexi Inc. 221,762 129
* Senti Biosciences Inc. Class A 320,153 121
* KALA BIO Inc. 14,853 116
* Talphera Inc. 112,873 116
* Acorda Therapeutics Inc. 8,822 110
* Precipio Inc. 16,838 107
* Champions Oncology Inc. 14,340 70
* bioAffinity Technologies Inc. 30,559 62
* Longeveron Inc. Class A 17,623 57
* Tonix Pharmaceuticals Holding Corp. 297,302 55

          Shares Market
Value
($000)
* Finch Therapeutics Group Inc.      20,018            53
* Star Equity Holdings Inc.      53,681            48
* Eiger BioPharmaceuticals Inc.       9,658            48
* GT Biopharma Inc.       9,962            44
*,1 MyMD Pharmaceuticals Inc.      16,658            40
* Novo Integrated Sciences Inc.      77,105            38
*,2 Impact BioMedical Inc. (Registered)   5,171,052            33
*,1,2 Aravive Inc.     368,501            15
*,1 Theriva Biologics Inc.      30,777            14
* iSpecimen Inc.      40,570             9
* Carmell Corp.       1,823             5
* Serina Therapeutics Inc.       7,270             3
* Coeptis Therapeutics Holdings       7,950             2
* CalciMedica Inc.         427             2
*,1,2 Synergy Pharmaceuticals LLC 5,148,145
*,2 OmniAb Inc. 12.5 Earnout 186,267
*,2 OmniAb Inc. 15 Earnout 186,267
            189,675,038
Industrials (13.0%)
  Visa Inc. Class A 49,299,126 13,758,400
  Mastercard Inc. Class A 26,177,117 12,606,114
  Accenture plc Class A 19,702,831 6,829,198
  Caterpillar Inc. 15,699,702 5,752,842
  General Electric Co. 32,516,561 5,707,632
  Union Pacific Corp. 19,177,778 4,716,391
  Honeywell International Inc. 20,508,556 4,209,381
  RTX Corp. 41,710,800 4,068,054
  Eaton Corp. plc 12,553,790 3,925,319
* Boeing Co. 19,189,660 3,703,412
  American Express Co. 15,929,826 3,627,062
  Lockheed Martin Corp. 7,587,931 3,451,522
  Deere & Co. 8,363,039 3,435,035
  United Parcel Service Inc. Class B 22,848,947 3,396,039
  Automatic Data Processing Inc. 12,894,026 3,220,154
* Fiserv Inc. 18,549,392 2,964,564
  Sherwin-Williams Co. 7,199,016 2,500,434
  Illinois Tool Works Inc. 8,906,949 2,390,002
  CSX Corp. 61,557,830 2,281,949
* PayPal Holdings Inc. 33,737,645 2,260,085
  Parker-Hannifin Corp. 4,036,917 2,243,678
  General Dynamics Corp. 7,751,448 2,189,707
  Trane Technologies plc 7,144,549 2,144,794
  FedEx Corp. 7,066,300 2,047,390
  TransDigm Group Inc. 1,660,964 2,045,643
  Emerson Electric Co. 17,992,134 2,040,668
  PACCAR Inc. 16,460,145 2,039,247
  Northrop Grumman Corp. 4,246,775 2,032,761
  Cintas Corp. 2,706,826 1,859,671
  3M Co. 17,383,889 1,843,909
  Norfolk Southern Corp. 7,101,908 1,810,063
  Capital One Financial Corp. 11,348,907 1,689,739
  Carrier Global Corp. 26,835,556 1,559,951
  United Rentals Inc. 2,110,902 1,522,193
* Block Inc. Class A 17,485,406 1,478,916
  WW Grainger Inc. 1,392,855 1,416,951
  Johnson Controls International plc 21,398,083 1,397,723
  Ferguson plc 6,363,626 1,390,007
  Fidelity National Information Services Inc. 18,628,076 1,381,831

          Shares Market
Value
($000)
  Old Dominion Freight Line Inc.   6,161,060     1,351,182
  AMETEK Inc.   7,262,724     1,328,352
  L3Harris Technologies Inc.   5,976,150     1,273,518
  Otis Worldwide Corp.  12,764,574     1,267,139
  Cummins Inc.   4,283,477     1,262,126
  Paychex Inc.  10,172,280     1,249,156
  Ingersoll Rand Inc.  12,705,279     1,206,366
  Martin Marietta Materials Inc.   1,943,414     1,193,140
  Quanta Services Inc.   4,579,867     1,189,849
  Vulcan Materials Co.   4,154,849     1,133,941
  PPG Industries Inc.   7,395,047     1,071,542
  Verisk Analytics Inc. Class A   4,495,296     1,059,676
  Rockwell Automation Inc.   3,594,689     1,047,241
  Equifax Inc.   3,909,840     1,045,960
  Xylem Inc. 7,563,449 977,500
  Fortive Corp. 11,007,973 946,906
* Fair Isaac Corp. 742,040 927,261
  DuPont de Nemours Inc. 11,849,551 908,505
* Mettler-Toledo International Inc. 678,095 902,741
  Howmet Aerospace Inc. 12,912,631 883,611
* Keysight Technologies Inc. 5,499,101 859,949
  Global Payments Inc. 6,289,316 840,630
  Westinghouse Air Brake Technologies Corp. 5,579,432 812,812
* Builders FirstSource Inc. 3,840,164 800,866
  Dover Corp. 4,391,266 778,088
* Axon Enterprise Inc. 2,238,250 700,304
  Hubbell Inc. Class B 1,685,298 699,483
  Ball Corp. 9,924,628 668,523
* Corpay Inc. 2,163,241 667,446
  Veralto Corp. 7,375,424 653,905
* Waters Corp. 1,856,767 639,155
* Teledyne Technologies Inc. 1,488,213 638,920
  Jacobs Solutions Inc. 3,960,728 608,883
  Booz Allen Hamilton Holding Corp. Class A 4,074,813 604,865
  Carlisle Cos. Inc. 1,503,268 589,056
  Textron Inc. 6,074,094 582,688
  IDEX Corp. 2,379,529 580,653
  Expeditors International of Washington Inc. 4,562,171 554,623
  Synchrony Financial 12,792,872 551,629
  Masco Corp. 6,881,855 542,841
  Packaging Corp. of America 2,812,544 533,765
  EMCOR Group Inc. 1,479,698 518,190
  JB Hunt Transport Services Inc. 2,599,032 517,857
* Trimble Inc. 7,818,020 503,168
  Graco Inc. 5,262,476 491,831
  Snap-on Inc. 1,658,261 491,210
  Lennox International Inc. 1,002,966 490,210
* Zebra Technologies Corp. Class A 1,617,518 487,585
* Saia Inc. 833,363 487,517
  HEICO Corp. Class A 3,164,266 487,107
  TransUnion 6,082,318 485,369
  RPM International Inc. 4,060,700 483,020
  Stanley Black & Decker Inc. 4,825,876 472,598
  Lincoln Electric Holdings Inc. 1,804,569 460,959
  Watsco Inc. 1,065,065 460,076
  Owens Corning 2,726,827 454,835
  Nordson Corp. 1,614,114 443,139
  Pentair plc 5,182,327 442,778

          Shares Market
Value
($000)
* TopBuild Corp.     996,565       439,216
* XPO Inc.   3,466,157       422,975
  AECOM   4,281,233       419,903
  Advanced Drainage Systems Inc.   2,434,161       419,260
  Westrock Co.   8,082,825       399,696
  Jack Henry & Associates Inc.   2,295,646       398,823
  nVent Electric plc   5,155,308       388,710
  Regal Rexnord Corp.   2,091,196       376,624
  Allegion plc   2,755,465       371,189
  Huntington Ingalls Industries Inc.   1,238,815       361,077
  Comfort Systems USA Inc.   1,124,456       357,251
  ITT Inc.   2,580,906       351,081
* Trex Co. Inc.   3,419,541       341,099
  A O Smith Corp.   3,796,978       339,678
* Core & Main Inc. Class A 5,899,103 337,724
  Fortune Brands Innovations Inc. 3,975,491 336,605
* WEX Inc. 1,344,811 319,433
  Tetra Tech Inc. 1,671,984 308,832
  Curtiss-Wright Corp. 1,205,455 308,524
  Crown Holdings Inc. 3,795,665 300,844
  Toro Co. 3,279,242 300,477
  AptarGroup Inc. 2,073,012 298,286
  BWX Technologies Inc. 2,881,929 295,744
  Eagle Materials Inc. 1,071,683 291,230
  Woodward Inc. 1,886,989 290,823
  Graphic Packaging Holding Co. 9,643,984 281,411
  MKS Instruments Inc. 2,105,583 280,043
  Donaldson Co. Inc. 3,739,541 279,269
  WESCO International Inc. 1,612,709 276,225
  Simpson Manufacturing Co. Inc. 1,342,915 275,539
* API Group Corp. 7,014,664 275,466
* Middleby Corp. 1,694,011 272,380
  Knight-Swift Transportation Holdings Inc. Class A 4,824,673 265,453
  CH Robinson Worldwide Inc. 3,478,509 264,854
  Acuity Brands Inc. 976,635 262,451
* WillScot Mobile Mini Holdings Corp. 5,623,531 261,494
* Affirm Holdings Inc. Class A 6,972,775 259,806
  Oshkosh Corp. 2,057,790 256,627
  Robert Half Inc. 3,150,100 249,740
  AGCO Corp. 2,007,946 247,017
  Applied Industrial Technologies Inc. 1,215,264 240,075
* Axalta Coating Systems Ltd. 6,945,187 238,845
* Generac Holdings Inc. 1,890,778 238,503
* FTI Consulting Inc. 1,126,106 236,809
* AZEK Co. Inc. Class A 4,580,982 230,057
  Cognex Corp. 5,418,836 229,867
  MSA Safety Inc. 1,175,474 227,560
* Fluor Corp. 5,377,030 227,341
* Paylocity Holding Corp. 1,321,291 227,077
* Mohawk Industries Inc. 1,701,969 222,771
  Allison Transmission Holdings Inc. 2,739,717 222,355
*,1 Chart Industries Inc. 1,344,080 221,397
  Vontier Corp. 4,873,406 221,058
  Atkore Inc. 1,148,855 218,696
* BILL Holdings Inc. 3,176,658 218,300
  Landstar System Inc. 1,126,413 217,127
  Berry Global Group Inc. 3,463,476 209,471
* ATI Inc. 4,047,802 207,126

          Shares Market
Value
($000)
  Crane Co.   1,521,318       205,576
  Brunswick Corp.   2,123,919       205,001
* GXO Logistics Inc.   3,736,017       200,848
  Esab Corp.   1,800,113       199,038
  Installed Building Products Inc.     753,950       195,069
* Beacon Roofing Supply Inc.   1,988,587       194,921
  Littelfuse Inc.     783,878       189,973
  Flowserve Corp.   4,117,073       188,068
  Genpact Ltd.   5,691,792       187,545
* MasTec Inc.   1,984,887       185,091
  Watts Water Technologies Inc. Class A     863,543       183,546
  AAON Inc.   2,060,295       181,512
* SPX Technologies Inc.   1,455,122       179,169
  FTAI Aviation Ltd.   2,658,849       178,941
  Sonoco Products Co. 3,093,072 178,903
  Sensata Technologies Holding plc 4,764,390 175,044
* Kirby Corp. 1,815,817 173,084
* Summit Materials Inc. Class A 3,876,328 172,768
  Armstrong World Industries Inc. 1,376,997 171,051
  Louisiana-Pacific Corp. 2,034,929 170,751
  Air Lease Corp. Class A 3,308,192 170,173
  Sealed Air Corp. 4,539,273 168,861
  Federal Signal Corp. 1,939,052 164,567
  MDU Resources Group Inc. 6,394,390 161,139
  Maximus Inc. 1,913,184 160,516
* ExlService Holdings Inc. 4,966,385 157,931
  Ryder System Inc. 1,310,981 157,567
  Valmont Industries Inc. 663,205 151,396
  Western Union Co. 10,771,881 150,591
  GATX Corp. 1,119,044 149,985
  Badger Meter Inc. 922,540 149,276
* Euronet Worldwide Inc. 1,351,332 148,552
* Modine Manufacturing Co. 1,555,754 148,092
* ASGN Inc. 1,398,774 146,536
  Zurn Elkay Water Solutions Corp. 4,358,993 145,895
  Moog Inc. Class A 906,850 144,779
* Knife River Corp. 1,780,041 144,326
  Herc Holdings Inc. 845,833 142,354
  MSC Industrial Direct Co. Inc. Class A 1,428,933 138,664
* AeroVironment Inc. 894,203 137,063
  HB Fuller Co. 1,701,563 135,683
  Franklin Electric Co. Inc. 1,248,997 133,405
* Itron Inc. 1,425,125 131,853
  Exponent Inc. 1,594,220 131,826
* Spirit AeroSystems Holdings Inc. Class A 3,607,735 130,131
  Terex Corp. 2,020,626 130,128
* Dycom Industries Inc. 881,658 126,544
  HEICO Corp. 656,538 125,399
  Encore Wire Corp. 472,556 124,178
* Verra Mobility Corp. Class A 4,934,712 123,220
  Brink's Co. 1,328,588 122,735
* GMS Inc. 1,259,941 122,643
  Insperity Inc. 1,115,513 122,271
  EnerSys 1,290,959 121,944
* Alight Inc. Class A 12,365,621 121,801
  Kadant Inc. 368,670 120,961
  Silgan Holdings Inc. 2,481,444 120,499
  ManpowerGroup Inc. 1,544,138 119,887

          Shares Market
Value
($000)
  Belden Inc.   1,284,098       118,920
*,1 Shift4 Payments Inc. Class A   1,798,174       118,805
  Matson Inc.   1,054,321       118,506
* CBIZ Inc.   1,497,782       117,576
  TriNet Group Inc.     874,588       115,874
  CSW Industrials Inc.     492,761       115,602
  Otter Tail Corp.   1,310,389       113,218
* ACI Worldwide Inc.   3,406,081       113,116
  Hillenbrand Inc.   2,246,005       112,952
  Enpro Inc.     658,443       111,125
  Korn Ferry   1,616,969       106,332
  John Bean Technologies Corp.   1,002,773       105,181
  ArcBest Corp.     715,471       101,955
* Gates Industrial Corp. plc   5,735,557       101,577
* Sterling Infrastructure Inc. 917,788 101,241
  Griffon Corp. 1,374,075 100,775
* Resideo Technologies Inc. 4,369,022 97,953
  McGrath RentCorp 773,726 95,455
* MYR Group Inc. 536,085 94,753
  Crane NXT Co. 1,515,888 93,833
  Albany International Corp. Class A 985,174 92,124
* Masonite International Corp. 698,911 91,872
  ICF International Inc. 592,470 89,244
* Flywire Corp. 3,539,598 87,817
* Marqeta Inc. Class A 14,719,965 87,731
  ESCO Technologies Inc. 816,229 87,377
  ABM Industries Inc. 1,955,569 87,257
* Remitly Global Inc. 4,162,627 86,333
* Kratos Defense & Security Solutions Inc. 4,621,017 84,934
* Atmus Filtration Technologies Inc. 2,618,632 84,451
  UniFirst Corp. 477,441 82,803
  EVERTEC Inc. 2,073,359 82,727
  ADT Inc. 12,070,140 81,111
* RXO Inc. 3,687,706 80,650
  Hub Group Inc. Class A 1,865,496 80,627
* O-I Glass Inc. 4,853,768 80,524
  Brady Corp. Class A 1,357,477 80,471
  International Seaways Inc. 1,503,756 80,000
  Patrick Industries Inc. 667,757 79,777
  Mueller Water Products Inc. Class A 4,926,517 79,268
  Vestis Corp. 4,104,814 79,100
* Gibraltar Industries Inc. 981,812 79,065
  Granite Construction Inc. 1,382,527 78,984
* Masterbrand Inc. 4,070,714 76,285
  Werner Enterprises Inc. 1,925,556 75,328
* OSI Systems Inc. 523,283 74,735
* AMN Healthcare Services Inc. 1,188,164 74,272
  Alamo Group Inc. 321,882 73,495
* Construction Partners Inc. Class A 1,303,451 73,189
  Trinity Industries Inc. 2,610,819 72,711
*,1 Bloom Energy Corp. Class A 6,349,487 71,368
  Standex International Corp. 380,844 69,397
  Tennant Co. 569,889 69,304
* Janus International Group Inc. 4,444,793 67,250
* Hayward Holdings Inc. 4,375,090 66,983
* AvidXchange Holdings Inc. 5,021,931 66,038
* Mirion Technologies Inc. Class A 5,807,576 66,032
* Aurora Innovation Inc. Class A 23,407,746 66,010

          Shares Market
Value
($000)
  Primoris Services Corp.   1,542,471        65,663
  H&E Equipment Services Inc.     989,487        63,505
* AAR Corp.   1,047,987        62,743
* Hillman Solutions Corp.   5,896,388        62,738
  Kennametal Inc.   2,508,044        62,551
*,1 Joby Aviation Inc.  11,451,635        61,381
* Legalzoom.com Inc.   4,435,624        59,171
  Enerpac Tool Group Corp. Class A   1,638,990        58,446
  Greif Inc. Class A     839,397        57,960
  Bread Financial Holdings Inc.   1,550,060        57,724
  AZZ Inc.     743,731        57,498
* Leonardo DRS Inc.   2,581,297        57,021
  Barnes Group Inc.   1,512,393        56,185
* Huron Consulting Group Inc.     579,428        55,984
* JELD-WEN Holding Inc. 2,532,427 53,763
* American Woodmark Corp. 521,655 53,031
* CoreCivic Inc. 3,392,503 52,957
1 Greenbrier Cos. Inc. 961,559 50,097
* Donnelley Financial Solutions Inc. 769,059 47,689
  Helios Technologies Inc. 1,028,594 45,968
* NCR Atleos Corp. 2,272,433 44,881
* Mercury Systems Inc. 1,518,535 44,797
* NV5 Global Inc. 452,461 44,346
  Napco Security Technologies Inc. 1,096,670 44,042
  Kforce Inc. 622,707 43,913
* Cimpress plc 494,963 43,809
  Kaman Corp. 932,996 42,797
  Lindsay Corp. 350,718 41,265
  Quanex Building Products Corp. 1,050,503 40,371
  Apogee Enterprises Inc. 680,702 40,298
  Powell Industries Inc. 282,765 40,237
*,1 Rocket Lab USA Inc. 9,621,236 39,543
  Columbus McKinnon Corp. 871,921 38,914
* Blue Bird Corp. 1,010,734 38,752
  Wabash National Corp. 1,280,832 38,348
* Payoneer Global Inc. 7,831,858 38,063
* Aspen Aerogels Inc. 2,094,876 36,870
* Triumph Group Inc. 2,416,841 36,349
  TriMas Corp. 1,348,329 36,041
* Nikola Corp. 34,512,078 35,893
*,1 Symbotic Inc. Class A 785,428 35,344
* BlueLinx Holdings Inc. 258,516 33,669
* Montrose Environmental Group Inc. 854,370 33,466
*,1 Enovix Corp. 4,158,572 33,310
  Marten Transport Ltd. 1,798,220 33,231
* Thermon Group Holdings Inc. 1,008,264 32,990
  VSE Corp. 407,658 32,613
  Astec Industries Inc. 743,210 32,486
  REV Group Inc. 1,465,830 32,380
  CRA International Inc. 211,056 31,570
  Schneider National Inc. Class B 1,393,420 31,547
* SP Plus Corp. 602,533 31,464
* Transcat Inc. 260,450 29,022
* IES Holdings Inc. 238,536 29,015
* Proto Labs Inc. 810,910 28,990
  Deluxe Corp. 1,316,841 27,114
* Vicor Corp. 706,633 27,022
  Barrett Business Services Inc. 212,543 26,933

          Shares Market
Value
($000)
* Air Transport Services Group Inc.   1,949,962        26,831
*,1 Archer Aviation Inc. Class A   5,806,741        26,827
  Gorman-Rupp Co.     675,897        26,732
* CryoPort Inc.   1,451,732        25,696
*,1 PureCycle Technologies Inc.   4,127,199        25,671
  First Advantage Corp.   1,581,424        25,651
* Repay Holdings Corp. Class A   2,326,685        25,594
* Energy Recovery Inc.   1,614,460        25,492
  Forward Air Corp.     806,716        25,097
  Myers Industries Inc.   1,079,736        25,017
  Cadre Holdings Inc.     687,939        24,903
* DXP Enterprises Inc.     449,748        24,165
* International Money Express Inc.   1,048,961        23,948
  Kelly Services Inc. Class A     923,231        23,118
* ZipRecruiter Inc. Class A 1,916,962 22,026
* Ducommun Inc. 422,398 21,669
  Argan Inc. 428,506 21,657
  Pitney Bowes Inc. 4,814,608 20,847
  Insteel Industries Inc. 543,672 20,779
* Cross Country Healthcare Inc. 1,089,478 20,395
  FTAI Infrastructure Inc. 3,193,015 20,052
  Perella Weinberg Partners Class A 1,405,691 19,862
  Cass Information Systems Inc. 408,763 19,690
  Heidrick & Struggles International Inc. 581,447 19,571
* CECO Environmental Corp. 844,380 19,438
* Titan International Inc. 1,529,329 19,055
* Conduent Inc. 5,561,668 18,798
  Hyster-Yale Materials Handling Inc. 275,695 17,691
* Tutor Perini Corp. 1,212,087 17,527
  Mesa Laboratories Inc. 159,376 17,488
  Heartland Express Inc. 1,447,760 17,286
*,1 Virgin Galactic Holdings Inc. 11,312,265 16,742
  Douglas Dynamics Inc. 681,630 16,441
  United States Lime & Minerals Inc. 54,904 16,369
  Ennis Inc. 791,000 16,223
* Great Lakes Dredge & Dock Corp. 1,846,491 16,157
* Titan Machinery Inc. 641,694 15,920
* I3 Verticals Inc. Class A 695,229 15,914
  Miller Industries Inc. 314,852 15,774
* Astronics Corp. 810,023 15,423
* Manitowoc Co. Inc. 1,085,339 15,347
  Pactiv Evergreen Inc. 1,070,116 15,324
  National Presto Industries Inc. 180,647 15,138
* V2X Inc. 317,452 14,828
* Bowman Consulting Group Ltd. 416,267 14,482
* Sterling Check Corp. 889,626 14,305
  Resources Connection Inc. 1,069,873 14,080
* BrightView Holdings Inc. 1,177,313 14,010
  Allient Inc. 388,848 13,874
* Franklin Covey Co. 350,254 13,751
*,1 Evolv Technologies Holdings Inc. 2,978,849 13,256
* Green Dot Corp. Class A 1,379,412 12,870
* Cantaloupe Inc. 1,976,004 12,706
* Hudson Technologies Inc. 1,151,485 12,678
  Eagle Bulk Shipping Inc. 202,651 12,660
* Vishay Precision Group Inc. 346,671 12,248
  Shyft Group Inc. 966,234 12,001
* Limbach Holdings Inc. 286,069 11,849

          Shares Market
Value
($000)
* TrueBlue Inc.     943,908        11,818
* FARO Technologies Inc.     547,800        11,783
  LSI Industries Inc.     778,659        11,773
* Daseke Inc.   1,399,221        11,614
* Distribution Solutions Group Inc.     319,525        11,337
* L B Foster Co. Class A     413,864        11,303
* Willdan Group Inc.     386,221        11,197
  Luxfer Holdings plc   1,056,300        10,954
  Overseas Shipholding Group Inc. Class A   1,692,372        10,831
* Custom Truck One Source Inc.   1,834,182        10,675
*,1 Target Hospitality Corp.     959,098        10,425
* Graham Corp.     378,043        10,313
* Moneylion Inc.     143,680        10,247
  Park Aerospace Corp.     613,901        10,209
* Ranpak Holdings Corp. Class A 1,273,970 10,026
* Advantage Solutions Inc. 2,266,097 9,812
  Covenant Logistics Group Inc. Class A 209,939 9,733
* HireRight Holdings Corp. 666,377 9,509
* Paymentus Holdings Inc. Class A 409,400 9,314
*,1 Sezzle Inc. 106,000 8,956
* Radiant Logistics Inc. 1,604,349 8,696
  Universal Logistics Holdings Inc. 231,011 8,517
  Kronos Worldwide Inc. 667,373 7,875
* Forrester Research Inc. 360,304 7,768
* Orion Group Holdings Inc. 940,867 7,715
*,1 Hyliion Holdings Corp. 4,320,482 7,604
* Iteris Inc. 1,520,840 7,513
* Mistras Group Inc. 779,749 7,454
* Acacia Research Corp. 1,366,267 7,282
*,1 Byrna Technologies Inc. 515,879 7,186
  Park-Ohio Holdings Corp. 259,028 6,911
* TaskUS Inc. Class A 576,204 6,713
* Performant Financial Corp. 2,207,671 6,491
* Commercial Vehicle Group Inc. 1,007,798 6,480
* AerSale Corp. 888,167 6,377
* Concrete Pumping Holdings Inc. 795,293 6,283
* Smith-Midland Corp. 132,408 6,221
  Karat Packaging Inc. 217,229 6,215
*,1 Desktop Metal Inc. Class A 7,060,821 6,214
  Twin Disc Inc. 371,472 6,140
*,1 Eos Energy Enterprises Inc. 5,756,236 5,929
* Spire Global Inc. 492,246 5,907
  TTEC Holdings Inc. 568,274 5,893
  Quad/Graphics Inc. 1,105,270 5,869
  Information Services Group Inc. 1,422,145 5,745
* CS Disco Inc. 702,155 5,709
* Gencor Industries Inc. 332,994 5,558
*,1 Rekor Systems Inc. 2,338,714 5,356
* Terran Orbital Corp. 3,974,706 5,207
* Blade Air Mobility Inc. 1,782,888 5,081
* SoundThinking Inc. 299,290 4,753
*,1 BlackSky Technology Inc. Class A 3,375,134 4,590
* Core Molding Technologies Inc. 241,857 4,578
* Mayville Engineering Co. Inc. 318,534 4,565
* Atlanticus Holdings Corp. 150,367 4,449
* Manitex International Inc. 640,610 4,395
* DLH Holdings Corp. 327,281 4,343
* DHI Group Inc. 1,661,442 4,237

          Shares Market
Value
($000)
1 EVI Industries Inc.     163,732         4,077
*,1 Microvast Holdings Inc.   4,821,119         4,035
  Hurco Cos. Inc.     194,691         3,925
  BGSF Inc.     359,805         3,746
  ARC Document Solutions Inc.   1,338,175         3,707
*,1 CompoSecure Inc. Class A     505,739         3,656
* Luna Innovations Inc.   1,113,617         3,569
* RCM Technologies Inc.     159,719         3,413
*,1 Redwire Corp.     737,344         3,237
*,1 Paysign Inc.     876,357         3,207
*,1 Danimer Scientific Inc.   2,924,436         3,188
* PAM Transportation Services Inc.     196,206         3,180
* VirTra Inc.     301,423         3,099
* Ultralife Corp.     348,051         3,066
* Alpha Pro Tech Ltd. 462,840 2,888
* LS Starrett Co. Class A 173,000 2,749
* Innovative Solutions & Support Inc. 365,549 2,676
* Research Solutions Inc. 846,894 2,676
* Willis Lease Finance Corp. 53,352 2,647
*,1 374Water Inc. 2,084,515 2,626
*,1 Markforged Holding Corp. 3,063,363 2,561
* Frequency Electronics Inc. 228,179 2,485
* CPI Card Group Inc. 133,851 2,391
*,1 Mega Matrix Corp. 797,652 2,281
*,1 Odyssey Marine Exploration Inc. Class B 585,016 2,229
*,1 Velo3D Inc. 4,791,156 2,183
*,1 Intuitive Machines Inc. 344,727 2,155
*,1 SKYX Platforms Corp. 1,592,981 2,087
*,1 Babcock & Wilcox Enterprises Inc. 1,843,405 2,083
1 HireQuest Inc. 159,520 2,066
* Hudson Global Inc. 107,683 1,901
*,1 Wrap Technologies Inc. 762,394 1,723
*,1 Hyzon Motors Inc. 2,227,561 1,641
* Broadwind Inc. 689,278 1,640
* M-Tron Industries Inc. 52,894 1,587
* Amprius Technologies Inc. 593,900 1,574
* LightPath Technologies Inc. Class A 1,086,827 1,500
* FreightCar America Inc. 378,018 1,455
*,1 Where Food Comes From Inc. 133,053 1,400
* GEE Group Inc. 3,870,957 1,392
* Hydrofarm Holdings Group Inc. 1,239,122 1,338
* Usio Inc. 757,304 1,287
*,1 Coda Octopus Group Inc. 222,690 1,285
* Priority Technology Holdings Inc. 387,198 1,266
*,1 Workhorse Group Inc. 5,121,723 1,202
  Espey Manufacturing & Electronics Corp. 46,955 1,186
*,1 Skillsoft Corp. 126,344 1,137
*,1 INNOVATE Corp. 1,618,635 1,134
* Lightbridge Corp. 383,955 1,133
*,1 Knightscope Inc. Class A 1,984,525 992
* Taylor Devices Inc. 19,219 957
* IZEA Worldwide Inc. 394,745 912
*,1 Sono-Tek Corp. 158,428 775
* RF Industries Ltd. 249,088 772
* Katapult Holdings Inc. 65,728 766
* Air T Inc. 32,860 729
* CPI Aerostructures Inc. 308,430 722
* Orion Energy Systems Inc. 781,379 680

          Shares Market
Value
($000)
*,1 Palladyne AI Corp.     364,522           660
* Team Inc.      88,315           637
* Pioneer Power Solutions Inc.     107,157           612
* ClearSign Technologies Corp.     603,165           582
*,1 Sypris Solutions Inc.     365,527           581
* Fuel Tech Inc.     446,881           541
*,1 Cepton Inc.     170,313           473
* AppTech Payments Corp.     428,602           411
*,1 Xos Inc.      39,983           409
  Taitron Components Inc. Class A     125,572           404
* TSR Inc.      50,537           400
*,1 Astrotech Corp.      38,881           339
* TOMI Environmental Solutions Inc.     484,669           329
*,1 Dragonfly Energy Holdings Corp.     610,200           329
* AmpliTech Group Inc. 169,463 313
*,1 Astra Space Inc. Class A 456,137 311
* Servotronics Inc. 19,533 269
* Professional Diversity Network Inc. 135,057 240
* LGL Group Inc. 37,157 236
*,1 Air Industries Group 47,342 222
* Jewett-Cameron Trading Co. Ltd. 35,878 191
* DSS Inc. 69,094 125
* Optex Systems Holdings Inc. 13,945 107
*,1 MSP Recovery Inc. 140,320 96
* Ryvyl Inc. 32,268 94
*,1 ENGlobal Corp. 53,038 90
* Shapeways Holdings Inc. 44,252 88
* SIFCO Industries Inc. 24,401 78
*,1 CISO Global Inc. 51,673 63
* OLB Group Inc. 76,848 44
*,1 Digital Ally Inc. 8,028 20
* Interlink Electronics Inc. 2,406 18
* Expion360 Inc. 3,648 11
* Fathom Digital Manufacturing C 1,727 8
* Electro-Sensors Inc. 1,503 6
*,1 Energous Corp. 2,970 6
* FGI Industries Ltd. 2,425 4
*,2 Patriot National Inc. 129,819
* Ardagh Group SA Class A 37
*,2 GCI Liberty Inc. 2,704,635
            208,418,335
Real Estate (2.7%)
  Prologis Inc. 29,081,602 3,787,006
  American Tower Corp. 14,649,468 2,894,588
  Equinix Inc. 2,973,682 2,454,269
  Welltower Inc. 17,869,734 1,669,748
  Simon Property Group Inc. 9,745,906 1,525,137
  Realty Income Corp. 27,074,874 1,464,751
  Public Storage 4,979,938 1,444,481
  Crown Castle Inc. 13,646,090 1,444,166
  Digital Realty Trust Inc. 9,799,394 1,411,505
* CoStar Group Inc. 12,842,086 1,240,545
  Extra Space Storage Inc. 6,648,670 977,354
  VICI Properties Inc. Class A 29,710,870 885,087
* CBRE Group Inc. Class A 9,100,758 884,958
  AvalonBay Communities Inc. 4,460,857 827,757
  Weyerhaeuser Co. 22,955,000 824,314
  Iron Mountain Inc. 9,198,117 737,781

          Shares Market
Value
($000)
  SBA Communications Corp. Class A   3,395,758       735,861
  Equity Residential  11,354,925       716,609
  Alexandria Real Estate Equities Inc.   5,527,573       712,559
  Invitation Homes Inc.  18,320,075       652,378
  Ventas Inc.  12,680,814       552,123
  Sun Communities Inc.   3,915,703       503,481
  Essex Property Trust Inc.   2,016,942       493,768
  Mid-America Apartment Communities Inc.   3,664,794       482,214
  Host Hotels & Resorts Inc.  22,112,342       457,283
  Healthpeak Properties Inc.  22,286,109       417,865
  Kimco Realty Corp.  21,139,152       414,539
  WP Carey Inc.   6,874,007       387,969
  UDR Inc.  10,333,123       386,562
  Gaming & Leisure Properties Inc.   7,936,951       365,655
  American Homes 4 Rent Class A 9,638,355 354,499
  Regency Centers Corp. 5,797,408 351,091
  Equity LifeStyle Properties Inc. 5,268,429 339,287
  Rexford Industrial Realty Inc. 6,550,907 329,511
  Camden Property Trust 3,345,782 329,225
  Lamar Advertising Co. Class A 2,755,939 329,087
  CubeSmart 7,063,255 319,400
* Jones Lang LaSalle Inc. 1,497,452 292,138
  Boston Properties Inc. 4,440,590 290,015
  EastGroup Properties Inc. 1,502,464 270,098
  Federal Realty Investment Trust 2,611,824 266,719
  NNN REIT Inc. 5,706,010 243,875
  Omega Healthcare Investors Inc. 7,690,983 243,573
* Zillow Group Inc. Class C 4,939,793 240,963
  Americold Realty Trust Inc. 8,999,563 224,269
  Brixmor Property Group Inc. 9,401,403 220,463
  STAG Industrial Inc. 5,730,287 220,272
  First Industrial Realty Trust Inc. 4,137,715 217,396
  Ryman Hospitality Properties Inc. 1,775,632 205,281
  Terreno Realty Corp. 2,939,381 195,175
  Agree Realty Corp. 3,139,746 179,342
  Healthcare Realty Trust Inc. Class A 11,992,670 169,696
  Rayonier Inc. 4,693,103 155,999
  Vornado Realty Trust 5,398,670 155,320
  Kite Realty Group Trust 6,899,053 149,571
  Essential Properties Realty Trust Inc. 5,317,099 141,754
  Apartment Income REIT Corp. Class A 4,311,459 139,993
  Phillips Edison & Co. Inc. 3,895,534 139,733
  Kilroy Realty Corp. 3,692,951 134,534
  PotlatchDeltic Corp. 2,510,135 118,027
  Macerich Co. 6,809,045 117,320
  Cousins Properties Inc. 4,778,085 114,865
  Independence Realty Trust Inc. 7,074,333 114,109
  Apple Hospitality REIT Inc. 6,884,647 112,771
1 SL Green Realty Corp. 2,027,797 111,792
  Park Hotels & Resorts Inc. 6,279,605 109,830
  Sabra Health Care REIT Inc. 7,279,154 107,513
  EPR Properties 2,370,853 100,643
  CareTrust REIT Inc. 4,123,561 100,491
1 Hannon Armstrong Sustainable Infrastructure Capital Inc. 3,504,108 99,517
  DigitalBridge Group Inc. 5,101,629 98,308
  Tanger Inc. 3,292,676 97,233
  National Storage Affiliates Trust 2,379,287 93,173
  Broadstone Net Lease Inc. 5,898,848 92,435

          Shares Market
Value
($000)
  Innovative Industrial Properties Inc.     882,310        91,354
1 Medical Properties Trust Inc.  18,825,872        88,482
  Highwoods Properties Inc.   3,332,207        87,237
  SITE Centers Corp.   5,929,246        86,863
  COPT Defense Properties   3,535,384        85,450
  National Health Investors Inc.   1,304,257        81,946
  LXP Industrial Trust   8,671,147        78,214
  Outfront Media Inc.   4,341,632        72,896
  Sunstone Hotel Investors Inc.   6,512,088        72,545
* Howard Hughes Holdings Inc.     972,138        70,597
  St. Joe Co.   1,199,820        69,554
  Douglas Emmett Inc.   4,989,417        69,203
  Four Corners Property Trust Inc.   2,813,487        68,846
  DiamondRock Hospitality Co.   6,517,260        62,631
* Equity Commonwealth 3,181,655 60,070
  Urban Edge Properties 3,475,571 60,023
* Cushman & Wakefield plc 5,724,913 59,883
  Pebblebrook Hotel Trust 3,795,731 58,492
* Opendoor Technologies Inc. 18,930,106 57,358
  Global Net Lease Inc. 7,255,077 56,372
* Zillow Group Inc. Class A 1,165,256 55,769
  RLJ Lodging Trust 4,662,193 55,107
  Acadia Realty Trust 3,193,951 54,329
* GEO Group Inc. 3,742,444 52,843
* Compass Inc. Class A 14,404,259 51,855
  InvenTrust Properties Corp. 2,015,722 51,824
  Retail Opportunity Investments Corp. 3,796,499 48,671
  Xenia Hotels & Resorts Inc. 3,175,211 47,660
  JBG SMITH Properties 2,944,057 47,252
  NETSTREIT Corp. 2,446,092 44,935
  Newmark Group Inc. Class A 4,042,671 44,833
  Uniti Group Inc. 7,474,557 44,100
  LTC Properties Inc. 1,302,293 42,338
  Empire State Realty Trust Inc. Class A 3,996,600 40,486
  Getty Realty Corp. 1,459,840 39,927
  Elme Communities 2,769,015 38,545
  Alexander & Baldwin Inc. 2,286,977 37,667
  Veris Residential Inc. 2,460,203 37,420
* Apartment Investment & Management Co. Class A 4,444,251 36,398
  Service Properties Trust 5,243,245 35,549
  American Assets Trust Inc. 1,613,045 35,342
  Easterly Government Properties Inc. Class A 2,850,169 32,805
  UMH Properties Inc. 1,956,373 31,771
  Plymouth Industrial REIT Inc. 1,378,328 31,012
  Hudson Pacific Properties Inc. 4,409,409 28,441
  Kennedy-Wilson Holdings Inc. 3,302,264 28,333
  Piedmont Office Realty Trust Inc. Class A 3,898,823 27,409
  Paramount Group Inc. 5,809,540 27,247
  Brandywine Realty Trust 5,453,399 26,176
  Centerspace 455,377 26,020
  Marcus & Millichap Inc. 756,543 25,851
1 eXp World Holdings Inc. 2,418,173 24,980
* Redfin Corp. 3,462,850 23,028
  NexPoint Residential Trust Inc. 677,978 21,824
* Forestar Group Inc. 539,784 21,694
  Summit Hotel Properties Inc. 3,214,639 20,927
* Anywhere Real Estate Inc. 3,298,393 20,384
  Community Healthcare Trust Inc. 749,948 19,911

          Shares Market
Value
($000)
  Armada Hoffler Properties Inc.   1,908,149        19,845
  Whitestone REIT   1,545,004        19,390
1 Peakstone Realty Trust   1,078,342        17,394
  Diversified Healthcare Trust   6,804,956        16,740
  Farmland Partners Inc.   1,488,633        16,524
  Gladstone Commercial Corp.   1,192,066        16,498
  Global Medical REIT Inc.   1,864,173        16,312
  Saul Centers Inc.     414,107        15,939
  Alexander's Inc.      72,348        15,710
  Chatham Lodging Trust   1,482,231        14,985
  Universal Health Realty Income Trust     400,342        14,697
  Gladstone Land Corp.   1,070,672        14,283
1 CBL & Associates Properties Inc.     612,898        14,041
  One Liberty Properties Inc.     550,166        12,428
  NET Lease Office Properties 503,093 11,974
1 Ares Commercial Real Estate Corp. 1,531,410 11,409
*,1 Seritage Growth Properties Class A 1,118,332 10,792
1 CTO Realty Growth Inc. 634,273 10,751
  RMR Group Inc. Class A 444,426 10,666
* FRP Holdings Inc. 171,927 10,556
* Tejon Ranch Co. 627,390 9,668
  Industrial Logistics Properties Trust 1,863,505 7,994
  Postal Realty Trust Inc. Class A 504,162 7,220
  Alpine Income Property Trust Inc. 470,242 7,185
* Stratus Properties Inc. 274,801 6,274
  Franklin Street Properties Corp. 2,762,883 6,272
  City Office REIT Inc. 1,191,028 6,205
  Orion Office REIT Inc. 1,754,076 6,157
  BRT Apartments Corp. 354,375 5,953
  Bridge Investment Group Holdings Inc. Class A 807,995 5,535
* Star Holdings 397,823 5,140
*,1 Offerpad Solutions Inc. 568,364 4,604
  RE/MAX Holdings Inc. Class A 520,116 4,561
* Maui Land & Pineapple Co. Inc. 201,932 4,374
  Braemar Hotels & Resorts Inc. 2,073,053 4,146
  Modiv Industrial Inc. Class C 224,372 3,767
* Douglas Elliman Inc. 2,233,517 3,529
  American Healthcare REIT Inc. 210,780 3,109
  Office Properties Income Trust 1,520,762 3,102
* AMREP Corp. 115,952 2,695
  Creative Media & Community Trust Corp. 477,630 2,035
  Clipper Realty Inc. 405,295 1,958
  Bluerock Homes Trust Inc. 109,382 1,856
*,1 Ashford Hospitality Trust Inc. 1,094,028 1,499
  Global Self Storage Inc. 319,661 1,422
*,1 Altisource Portfolio Solutions SA 582,728 1,130
* Rafael Holdings Inc. Class B 511,989 881
* Comstock Holding Cos. Inc. Class A 164,051 828
* Fathom Holdings Inc. 347,914 692
* Sotherly Hotels Inc. 339,659 492
  Presidio Property Trust Inc. Class A 188,825 230
*,1 LuxUrban Hotels Inc. 166,359 230
*,2 New York REIT Liquidating LLC 19,100 133
* Alset Inc. 17,928 12
* American Strategic Investment Co. 1,035 7
* CKX Lands Inc. 478 6
*,2 Spirit MTA REIT 2,854,330
            43,419,133

          Shares Market
Value
($000)
Technology (32.0%)
  Microsoft Corp. 233,572,873    98,268,779
  Apple Inc. 461,157,515    79,079,291
  NVIDIA Corp.  74,661,112    67,460,794
  Meta Platforms Inc. Class A  69,161,280    33,583,334
* Alphabet Inc. Class A 185,367,558    27,977,526
* Alphabet Inc. Class C 151,427,489    23,056,350
  Broadcom Inc.  14,715,776    19,504,437
* Advanced Micro Devices Inc.  50,798,764     9,168,669
  Salesforce Inc.  28,902,459     8,704,843
* Adobe Inc.  14,207,585     7,169,147
  Oracle Corp.  51,829,761     6,510,336
  QUALCOMM Inc.  35,073,747     5,937,985
  Intel Corp. 132,922,086     5,871,169
  International Business Machines Corp. 28,690,495 5,478,737
  Intuit Inc. 8,355,863 5,431,311
  Applied Materials Inc. 26,156,396 5,394,234
  Texas Instruments Inc. 28,594,599 4,981,465
* ServiceNow Inc. 6,441,840 4,911,259
  Micron Technology Inc. 34,712,665 4,092,276
  Lam Research Corp. 4,120,561 4,003,413
  Analog Devices Inc. 15,587,293 3,083,011
  KLA Corp. 4,250,443 2,969,232
* Palo Alto Networks Inc. 10,156,650 2,885,809
* Synopsys Inc. 4,795,584 2,740,676
* Cadence Design Systems Inc. 8,561,550 2,665,039
* Crowdstrike Holdings Inc. Class A 7,156,417 2,294,276
  Amphenol Corp. Class A 18,856,455 2,175,092
  Marvell Technology Inc. 27,166,939 1,925,593
  Roper Technologies Inc. 3,367,458 1,888,605
* Workday Inc. Class A 6,568,730 1,791,621
* Autodesk Inc. 6,728,279 1,752,178
* Super Micro Computer Inc. 1,548,024 1,563,551
  Microchip Technology Inc. 16,966,768 1,522,089
* Snowflake Inc. Class A 9,311,694 1,504,770
* Palantir Technologies Inc. Class A 63,061,030 1,451,034
  TE Connectivity Ltd. 9,699,803 1,408,799
* Fortinet Inc. 20,534,729 1,402,727
* DoorDash Inc. Class A 8,900,173 1,225,732
  Cognizant Technology Solutions Corp. Class A 15,629,832 1,145,510
* Gartner Inc. 2,328,928 1,110,130
  CDW Corp. 4,213,374 1,077,697
* Datadog Inc. Class A 8,559,980 1,058,014
* ON Semiconductor Corp. 13,456,790 989,747
  Monolithic Power Systems Inc. 1,433,608 971,155
* Atlassian Corp. Class A 4,953,818 966,539
* ANSYS Inc. 2,737,191 950,243
* HubSpot Inc. 1,516,329 950,071
  Vertiv Holdings Co. Class A 11,419,713 932,648
  HP Inc. 29,553,560 893,109
* Cloudflare Inc. Class A 8,930,434 864,734
  Dell Technologies Inc. Class C 7,577,992 864,725
*,1 MicroStrategy Inc. Class A 471,817 804,240
  Corning Inc. 24,157,760 796,240
* MongoDB Inc. Class A 2,160,257 774,755
  Hewlett Packard Enterprise Co. 40,903,340 725,216
* Western Digital Corp. 10,238,240 698,658
  NetApp Inc. 6,484,542 680,682

          Shares Market
Value
($000)
* PTC Inc.   3,563,033       673,199
  Entegris Inc.   4,722,193       663,657
* Pinterest Inc. Class A  18,761,837       650,473
  Seagate Technology Holdings plc   6,602,912       614,401
* Tyler Technologies Inc.   1,334,218       567,056
  Leidos Holdings Inc.   4,271,461       559,946
  Skyworks Solutions Inc.   5,016,196       543,354
1 Teradyne Inc.   4,811,085       542,835
* Zscaler Inc.   2,808,436       540,989
* GoDaddy Inc. Class A   4,471,130       530,634
* Okta Inc. Class A   4,985,760       521,610
* Akamai Technologies Inc.   4,739,364       515,453
* VeriSign Inc.   2,688,525       509,502
  Jabil Inc.   3,795,906       508,462
* EPAM Systems Inc. 1,816,238 501,572
* Pure Storage Inc. Class A 9,457,920 491,717
* Manhattan Associates Inc. 1,934,726 484,127
* Zoom Video Communications Inc. Class A 7,302,422 477,359
* Nutanix Inc. Class A 7,636,579 471,330
  SS&C Technologies Holdings Inc. 6,620,698 426,174
* Dynatrace Inc. 8,838,614 410,465
  Gen Digital Inc. 17,091,251 382,844
* DocuSign Inc. Class A 6,396,043 380,884
* Snap Inc. Class A 32,867,372 377,317
  Bentley Systems Inc. Class B 7,123,769 372,003
* F5 Inc. 1,844,255 349,652
* Qorvo Inc. 3,027,081 347,600
* Lattice Semiconductor Corp. 4,336,644 339,256
* Twilio Inc. Class A 5,405,151 330,525
* Match Group Inc. 8,556,130 310,416
  Paycom Software Inc. 1,552,147 308,893
* Dayforce Inc. 4,656,480 308,306
* Toast Inc. Class A 12,236,094 304,923
* Guidewire Software Inc. 2,572,237 300,206
* AppLovin Corp. Class A 4,226,987 292,592
* Coherent Corp. 4,747,504 287,794
* Onto Innovation Inc. 1,552,878 281,195
* UiPath Inc. Class A 12,225,039 277,142
  KBR Inc. 4,224,352 268,922
* CACI International Inc. Class A 698,897 264,763
* Elastic NV 2,521,869 252,792
* Procore Technologies Inc. 2,956,569 242,941
  Universal Display Corp. 1,418,225 238,900
* Unity Software Inc. 8,373,969 223,585
  TD SYNNEX Corp. 1,961,480 221,843
* Arrow Electronics Inc. 1,692,709 219,138
* Fabrinet 1,146,307 216,675
  Science Applications International Corp. 1,633,207 212,954
* SPS Commerce Inc. 1,150,962 212,813
* Rambus Inc. 3,382,252 209,057
* Samsara Inc. Class A 5,373,709 203,072
* Novanta Inc. 1,124,668 196,558
* Dropbox Inc. Class A 7,881,149 191,512
* Insight Enterprises Inc. 1,026,419 190,421
* Confluent Inc. Class A 6,076,083 185,442
* SentinelOne Inc. Class A 7,862,511 183,275
* Qualys Inc. 1,091,063 182,066
* Tenable Holdings Inc. 3,660,224 180,925

          Shares Market
Value
($000)
* MACOM Technology Solutions Holdings Inc.   1,834,011       175,405
* ZoomInfo Technologies Inc. Class A  10,743,377       172,216
* Aspen Technology Inc.     803,719       171,417
* Gitlab Inc. Class A   2,869,561       167,353
* Kyndryl Holdings Inc.   7,229,788       157,320
  Dolby Laboratories Inc. Class A   1,873,766       156,965
* Smartsheet Inc. Class A   4,041,337       155,591
* Cirrus Logic Inc.   1,677,014       155,224
* Varonis Systems Inc. Class B   3,271,838       154,333
* Appfolio Inc. Class A     618,903       152,708
* Altair Engineering Inc. Class A   1,770,328       152,514
* DoubleVerify Holdings Inc.   4,277,847       150,409
* Silicon Laboratories Inc.   1,010,717       145,260
* Five9 Inc.   2,288,540       142,141
* CommVault Systems Inc. 1,397,389 141,737
  Avnet Inc. 2,844,477 141,029
* Workiva Inc. Class A 1,543,750 130,910
  Power Integrations Inc. 1,798,081 128,653
* Cleanspark Inc. 5,939,630 125,980
  Amkor Technology Inc. 3,901,702 125,791
* Blackbaud Inc. 1,686,877 125,065
* DXC Technology Co. 5,848,952 124,056
* Parsons Corp. 1,479,088 122,690
* Box Inc. Class A 4,303,843 121,885
  Advanced Energy Industries Inc. 1,187,902 121,142
* IAC Inc. 2,268,652 121,010
* Synaptics Inc. 1,234,311 120,419
* Freshworks Inc. Class A 6,605,622 120,288
* JFrog Ltd. 2,705,229 119,625
* Teradata Corp. 3,075,969 118,948
  Concentrix Corp. 1,782,056 118,008
* Wolfspeed Inc. 3,935,493 116,097
* Axcelis Technologies Inc. 1,027,402 114,576
* CCC Intelligent Solutions Holdings Inc. 9,517,127 113,825
* FormFactor Inc. 2,440,031 111,339
* BlackLine Inc. 1,717,722 110,931
* Alarm.com Holdings Inc. 1,496,987 108,487
* Sanmina Corp. 1,627,073 101,171
* Diodes Inc. 1,370,409 96,614
* HashiCorp Inc. Class A 3,560,720 95,961
* Credo Technology Group Holding Ltd. 4,363,019 92,452
* Q2 Holdings Inc. 1,741,424 91,529
  Vishay Intertechnology Inc. 4,028,412 91,364
  Dun & Bradstreet Holdings Inc. 8,981,873 90,178
* Envestnet Inc. 1,541,468 89,266
* Rapid7 Inc. 1,811,812 88,851
* Impinj Inc. 688,970 88,471
*,1 C3.ai Inc. Class A 3,249,469 87,963
* RingCentral Inc. Class A 2,506,934 87,091
* Ziff Davis Inc. 1,375,662 86,722
* Sprout Social Inc. Class A 1,438,829 85,913
  Pegasystems Inc. 1,306,377 84,444
* Plexus Corp. 876,661 83,125
* Yelp Inc. Class A 2,052,850 80,882
* nCino Inc. 2,127,661 79,532
* IPG Photonics Corp. 849,432 77,035
* Braze Inc. Class A 1,719,539 76,176
  Progress Software Corp. 1,371,524 73,116

          Shares Market
Value
($000)
* Rogers Corp.     586,281        69,586
* LiveRamp Holdings Inc.   1,969,683        67,954
*,1 DigitalOcean Holdings Inc.   1,766,305        67,438
* Allegro MicroSystems Inc.   2,493,520        67,225
* Agilysys Inc.     790,437        66,602
* Cargurus Inc. Class A   2,881,880        66,514
* ePlus Inc.     846,012        66,446
* Squarespace Inc. Class A   1,804,112        65,742
* Verint Systems Inc.   1,968,681        65,262
* Veeco Instruments Inc.   1,839,330        64,689
* Ultra Clean Holdings Inc.   1,370,437        62,958
  Clear Secure Inc. Class A   2,919,856        62,105
* Perficient Inc.   1,093,509        61,554
  Xerox Holdings Corp.   3,414,981        61,128
* Ambarella Inc. 1,173,522 59,580
* PagerDuty Inc. 2,597,714 58,916
* Informatica Inc. Class A 1,617,227 56,603
* Semtech Corp. 1,992,207 54,766
* Photronics Inc. 1,926,156 54,549
*,1 Astera Labs Inc. 719,295 53,365
* Schrodinger Inc. 1,974,068 53,300
* Vertex Inc. Class A 1,670,235 53,047
* NCR Voyix Corp. 4,181,566 52,813
* Appian Corp. Class A 1,315,963 52,573
*,1 IonQ Inc. 5,102,612 50,975
* TTM Technologies Inc. 3,175,968 49,704
* SiTime Corp. 532,166 49,614
* Cohu Inc. 1,425,972 47,528
* PROS Holdings Inc. 1,304,729 47,401
* Fastly Inc. Class A 3,624,981 47,016
* Zeta Global Holdings Corp. Class A 4,285,035 46,835
* Intapp Inc. 1,360,593 46,668
* Upwork Inc. 3,800,992 46,600
* NetScout Systems Inc. 2,124,888 46,408
* Sprinklr Inc. Class A 3,731,569 45,786
* Paycor HCM Inc. 2,329,099 45,278
  CTS Corp. 961,342 44,981
* Everbridge Inc. 1,273,273 44,348
  CSG Systems International Inc. 850,208 43,820
* Magnite Inc. 4,070,723 43,760
* MaxLinear Inc. Class A 2,297,499 42,894
* ACM Research Inc. Class A 1,465,808 42,714
* PAR Technology Corp. 918,996 41,686
* SMART Global Holdings Inc. 1,505,343 39,621
*,1 Asana Inc. Class A 2,545,080 39,423
* Jamf Holding Corp. 2,101,875 38,569
* Ichor Holdings Ltd. 981,984 37,924
* PDF Solutions Inc. 1,125,211 37,886
* ScanSource Inc. 838,144 36,912
* Zuora Inc. Class A 3,994,619 36,431
*,1 SoundHound AI Inc. Class A 6,132,125 36,118
1 Shutterstock Inc. 778,717 35,673
* AvePoint Inc. 4,428,636 35,075
* E2open Parent Holdings Inc. 7,753,166 34,424
* Reddit Inc. Class A 695,529 34,304
* Bumble Inc. Class A 3,015,920 34,231
  Adeia Inc. 3,113,686 34,001
  Benchmark Electronics Inc. 1,071,559 32,158

          Shares Market
Value
($000)
* Model N Inc.   1,097,113        31,235
*,1 indie Semiconductor Inc. Class A   4,311,502        30,525
* Alkami Technology Inc.   1,222,106        30,027
  A10 Networks Inc.   2,177,614        29,812
* PubMatic Inc. Class A   1,255,632        29,784
*,1 Hut 8 Corp.   2,629,100        29,025
* Couchbase Inc.   1,031,844        27,148
* TechTarget Inc.     803,304        26,573
* Diebold Nixdorf Inc.     768,681        26,473
* N-able Inc.   1,990,562        26,017
* Amplitude Inc. Class A   2,104,813        22,900
  PC Connection Inc.     347,109        22,885
*,1 Xometry Inc. Class A   1,273,394        21,508
*,1 Core Scientific Inc.   5,967,700        21,126
*,1 Blend Labs Inc. Class A 6,442,570 20,938
* NerdWallet Inc. Class A 1,420,048 20,875
* Grid Dynamics Holdings Inc. 1,669,314 20,516
* Vimeo Inc. 4,915,304 20,104
* SolarWinds Corp. 1,564,560 19,745
* Mitek Systems Inc. 1,393,659 19,651
  Simulations Plus Inc. 476,426 19,605
* Cerence Inc. 1,203,178 18,950
* Yext Inc. 3,131,558 18,883
*,1 Klaviyo Inc. Class A 736,848 18,775
* 3D Systems Corp. 4,019,208 17,845
* Matterport Inc. 7,863,753 17,772
* Navitas Semiconductor Corp. Class A 3,543,015 16,900
* Olo Inc. Class A 3,072,760 16,869
  Hackett Group Inc. 690,939 16,790
*,1 Rumble Inc. 2,068,492 16,713
* nLight Inc. 1,266,724 16,467
* MeridianLink Inc. 870,448 16,277
* Weave Communications Inc. 1,415,597 16,251
*,1 Cipher Mining Inc. 3,139,337 16,168
* Vivid Seats Inc. Class A 2,592,799 15,531
* SEMrush Holdings Inc. Class A 1,129,718 14,980
* Planet Labs PBC 5,810,897 14,818
*,1 Kimball Electronics Inc. 678,438 14,688
* CEVA Inc. 646,730 14,687
* SmartRent Inc. Class A 5,430,046 14,553
* Alpha & Omega Semiconductor Ltd. 652,197 14,374
* Eventbrite Inc. Class A 2,537,634 13,906
* BigCommerce Holdings Inc. 1,980,854 13,648
*,1 Terawulf Inc. 5,147,725 13,539
*,1 Digimarc Corp. 495,452 13,466
* Nextdoor Holdings Inc. 5,919,104 13,318
* Daktronics Inc. 1,327,118 13,218
  NVE Corp. 146,034 13,169
*,1 Getty Images Holdings Inc. 3,167,976 13,147
  Methode Electronics Inc. 1,075,762 13,103
* MediaAlpha Inc. Class A 632,314 12,880
* OneSpan Inc. 1,060,613 12,335
* EverQuote Inc. Class A 647,110 12,010
* Bandwidth Inc. Class A 632,162 11,543
* Definitive Healthcare Corp. Class A 1,418,210 11,445
*,1 MicroVision Inc. 5,866,152 10,794
*,1 Aehr Test Systems 860,409 10,669
  American Software Inc. Class A 922,971 10,568

          Shares Market
Value
($000)
* Porch Group Inc.   2,331,923        10,051
* Backblaze Inc. Class A     949,303         9,711
* Unisys Corp.   1,938,449         9,518
*,1 Applied Digital Corp.   2,130,044         9,117
* Enfusion Inc. Class A     971,642         8,988
  Immersion Corp.   1,191,291         8,911
* TrueCar Inc.   2,574,147         8,726
* Consensus Cloud Solutions Inc.     544,925         8,643
*,1 NextNav Inc.   1,287,942         8,475
* Domo Inc. Class B     902,002         8,046
*,1 Groupon Inc. Class A     601,577         8,025
* Digital Turbine Inc.   3,047,336         7,984
* Innovid Corp.   3,150,555         7,845
*,1 Ouster Inc.     960,565         7,627
*,1 AXT Inc. 1,624,038 7,454
* Thoughtworks Holding Inc. 2,941,505 7,442
* Rimini Street Inc. 2,196,424 7,160
1 ReposiTrak Inc. 446,617 7,079
* Identiv Inc. 822,415 6,514
* Telos Corp. 1,535,480 6,388
* Pixelworks Inc. 2,464,577 6,359
  ON24 Inc. 889,180 6,349
*,1 SkyWater Technology Inc. 622,302 6,329
* eGain Corp. 978,618 6,312
* inTEST Corp. 472,095 6,255
* Kopin Corp. 3,418,996 6,154
* Red Violet Inc. 312,144 6,102
* Arteris Inc. 817,251 5,982
*,1 Veritone Inc. 1,075,543 5,657
*,1 Innodata Inc. 843,297 5,566
* Asure Software Inc. 703,908 5,476
* 1stdibs.com Inc. 880,788 5,250
*,1 Rigetti Computing Inc. 3,420,163 5,233
*,1 Tucows Inc. Class A 280,738 5,211
* Viant Technology Inc. Class A 487,306 5,195
1 CSP Inc. 278,890 5,148
*,1 QuickLogic Corp. 302,806 4,854
*,1 Atomera Inc. 771,545 4,753
* AstroNova Inc. 251,308 4,478
* Transphorm Inc. 899,988 4,419
* EverCommerce Inc. 459,193 4,326
* WM Technology Inc. 3,203,513 4,261
* Everspin Technologies Inc. 511,672 4,052
* Synchronoss Technologies Inc. 422,273 3,526
*,1 FiscalNote Holdings Inc. 2,644,812 3,518
* CoreCard Corp. 314,332 3,473
  Richardson Electronics Ltd. 350,969 3,232
* Upland Software Inc. 980,074 3,028
* Intevac Inc. 787,352 3,023
*,1 Aeva Technologies Inc. 759,242 2,984
* AdTheorent Holding Co. Inc. 873,209 2,803
*,1 Rackspace Technology Inc. 1,693,613 2,676
* Amtech Systems Inc. 477,101 2,581
* Brightcove Inc. 1,296,666 2,516
* Expensify Inc. Class A 1,304,665 2,401
* Intellicheck Inc. 685,145 2,384
*,1 LivePerson Inc. 2,286,362 2,280
* AudioEye Inc. 211,717 2,119

          Shares Market
Value
($000)
*,1 Phunware Inc.     224,615         2,013
* Quantum Corp.   3,321,825         1,977
*,1 GSI Technology Inc.     574,548         1,953
* comScore Inc.     118,989         1,832
* SecureWorks Corp. Class A     263,152         1,768
*,1 BigBear.ai Holdings Inc.     805,504         1,651
* DecisionPoint Systems Inc.     179,250         1,626
* One Stop Systems Inc.     498,283         1,624
1 SilverSun Technologies Inc.     118,790         1,567
*,1 Flux Power Holdings Inc.     352,532         1,562
*,1 Skillz Inc. Class A     226,530         1,470
*,1 System1 Inc.     726,600         1,424
* Issuer Direct Corp.     110,039         1,422
* TransAct Technologies Inc.     269,345         1,411
*,1 Direct Digital Holdings Inc. Class A 90,848 1,385
* Inuvo Inc. 3,857,320 1,315
* Key Tronic Corp. 274,348 1,278
* Zedge Inc. Class B 455,536 1,262
* NetSol Technologies Inc. 448,836 1,243
* ZeroFox Holdings Inc. 1,099,152 1,231
* Aware Inc. 646,876 1,210
*,1 Steel Connect Inc. 126,263 1,189
*,1 Quantum Computing Inc. 1,149,577 1,138
*,1 BuzzFeed Inc. Class A 2,108,022 985
* CVD Equipment Corp. 198,073 933
*,1 Edgio Inc. 94,005 907
*,1 Nutex Health Inc. 9,268,251 889
*,1 Stronghold Digital Mining Inc. Class A 211,910 879
*,1 authID Inc. 112,318 857
* KORE Group Holdings Inc. 1,047,448 824
*,1 KULR Technology Group Inc. 2,126,566 808
* Wag! Group Co. 404,431 801
* Mastech Digital Inc. 85,243 767
1 VirnetX Holding Corp. 116,102 736
*,1 Vroom Inc. 54,150 727
* Data I/O Corp. 202,879 714
*,1 Beachbody Co. Inc. 73,310 704
* Urgent.ly Inc. 371,509 698
*,1 Sphere 3D Corp. 450,035 693
*,1 Smith Micro Software Inc. 2,009,704 692
*,1 Trio-Tech International 108,490 690
*,1 Duos Technologies Group Inc. 158,934 690
* WidePoint Corp. 265,533 688
* Data Storage Corp. 105,419 603
* Creative Realities Inc. 137,905 520
* Streamline Health Solutions Inc. 1,027,543 493
* BTCS Inc. 280,193 493
*,1 EMCORE Corp. 1,425,083 492
* Glimpse Group Inc. 437,150 490
*,1 Greenidge Generation Holdings Inc. Class A 134,326 470
*,1 Alpine 4 Holdings Inc. 649,415 460
*,1 Paltalk Inc. 134,298 414
* SigmaTron International Inc. 113,824 413
* Bridgeline Digital Inc. 352,489 409
*,1 Presto Automation Inc. 1,445,442 252
* iPower Inc. 386,294 205
*,1 PSQ Holdings Inc. 36,394 196
*,1 Arena Group Holdings Inc. 140,920 166

          Shares Market
Value
($000)
*,1 VerifyMe Inc.     111,129           155
*,1 CYNGN Inc.     525,965            87
* Nortech Systems Inc.       5,595            75
*,1 Rubicon Technologies Inc. Class A     183,000            74
* Intellinetics Inc.       2,886            26
* OMNIQ Corp.      32,942            18
* Boxlight Corp. Class A       9,880             6
            512,307,743
Telecommunications (1.9%)
  Cisco Systems Inc. 114,491,123     5,714,252
  Comcast Corp. Class A 124,526,243     5,398,213
  Verizon Communications Inc. 118,980,352     4,992,416
  AT&T Inc. 224,845,917     3,957,288
  T-Mobile US Inc.  16,763,723     2,736,175
* Arista Networks Inc. 7,866,931 2,281,253
  Motorola Solutions Inc. 5,218,432 1,852,439
* Charter Communications Inc. Class A 2,972,016 863,757
  Juniper Networks Inc. 10,059,297 372,798
* Roku Inc. Class A 3,937,457 256,604
* Ciena Corp. 4,594,471 227,197
* Liberty Broadband Corp. Class C 3,670,429 210,059
* Frontier Communications Parent Inc. 7,735,582 189,522
* Lumentum Holdings Inc. 2,136,650 101,170
  Iridium Communications Inc. 3,509,723 91,814
  Cogent Communications Holdings Inc. 1,375,411 89,856
  InterDigital Inc. 795,148 84,651
* Viasat Inc. 3,529,654 63,851
* Viavi Solutions Inc. 7,003,362 63,661
  Cable One Inc. 141,782 59,992
*,1 Calix Inc. 1,763,073 58,463
* EchoStar Corp. Class A 3,733,474 53,202
  Telephone & Data Systems Inc. 3,223,891 51,647
* Lumen Technologies Inc. 31,964,941 49,865
* Extreme Networks Inc. 3,886,265 44,847
* Harmonic Inc. 3,325,884 44,700
*,1 Infinera Corp. 5,963,972 35,963
* Digi International Inc. 1,061,968 33,909
* Globalstar Inc. 22,488,946 33,059
  Shenandoah Telecommunications Co. 1,567,557 27,228
* Liberty Broadband Corp. Class A 431,323 24,637
  IDT Corp. Class B 646,357 24,439
  Bel Fuse Inc. Class B 379,733 22,902
*,1 Applied Optoelectronics Inc. 1,342,926 18,613
*,1 Altice USA Inc. Class A 6,727,593 17,559
* Gogo Inc. 1,934,424 16,984
* United States Cellular Corp. 443,284 16,180
*,1 Lightwave Logic Inc. 3,325,630 15,564
* Xperi Inc. 1,206,320 14,548
* Anterix Inc. 415,431 13,963
*,1 fuboTV Inc. 8,747,003 13,820
* NETGEAR Inc. 859,099 13,548
*,1 Clearfield Inc. 407,264 12,560
* Aviat Networks Inc. 301,644 11,565
  ADTRAN Holdings Inc. 2,103,531 11,443
*,1 AST SpaceMobile Inc. Class A 3,659,193 10,612
  ATN International Inc. 315,238 9,932
* Consolidated Communications Holdings Inc. 2,211,019 9,552
* 8x8 Inc. 3,347,729 9,039

          Shares Market
Value
($000)
* Ribbon Communications Inc.   2,700,143         8,640
  Spok Holdings Inc.     519,239         8,282
* CommScope Holding Co. Inc.   6,279,673         8,226
* Ooma Inc.     729,720         6,224
* WideOpenWest Inc.   1,566,960         5,672
*,1 Powerfleet Inc.   1,054,037         5,629
* Kaltura Inc.   2,537,683         3,426
* Lantronix Inc.     942,727         3,356
* KVH Industries Inc.     623,125         3,178
* Genasys Inc.   1,282,730         3,040
*,1 Comtech Telecommunications Corp.     863,562         2,962
* Airgain Inc.     355,805         1,939
*,1 Crexendo Inc.     345,906         1,664
* Cambium Networks Corp.     375,529         1,619
*,1 SurgePays Inc. 371,912 1,432
*,1 Akoustis Technologies Inc. 2,123,996 1,255
  Network-1 Technologies Inc. 570,833 1,182
*,1 Inseego Corp. 304,111 851
*,1 DZS Inc. 641,747 847
1 ClearOne Inc. 260,238 476
* BK Technologies Corp. 23,879 349
* Optical Cable Corp. 118,831 336
*,1 Casa Systems Inc. 957,382 262
  Bel Fuse Inc. Class A 3,626 257
* Sonim Technologies Inc. 239,926 146
*,1 Vislink Technologies Inc. 28,259 92
*,1 CalAmp Corp. 10,689 35
*,1,2 FTE Networks Inc. 84,180
            30,398,688
Utilities (2.6%)
  NextEra Energy Inc. 63,623,193 4,066,158
  Waste Management Inc. 12,601,244 2,685,955
  Southern Co. 34,283,055 2,459,466
  Duke Energy Corp. 24,195,273 2,339,925
  Constellation Energy Corp. 10,031,736 1,854,366
  Sempra 19,797,612 1,422,062
  Waste Connections Inc. 8,109,279 1,394,877
  American Electric Power Co. Inc. 16,173,034 1,392,498
  PG&E Corp. 82,229,880 1,378,173
  Dominion Energy Inc. 26,341,155 1,295,721
  Republic Services Inc. Class A 6,433,712 1,231,670
  Exelon Corp. 31,282,058 1,175,267
  Public Service Enterprise Group Inc. 15,686,998 1,047,578
  Consolidated Edison Inc. 10,853,682 985,623
  Xcel Energy Inc. 17,489,034 940,036
  Edison International 12,061,675 853,122
  WEC Energy Group Inc. 9,928,994 815,369
  Vistra Corp. 11,261,707 784,378
  American Water Works Co. Inc. 6,112,757 747,040
  Entergy Corp. 6,690,793 707,083
  FirstEnergy Corp. 17,127,194 661,452
  Eversource Energy 10,979,909 656,269
  PPL Corp. 23,146,088 637,212
  DTE Energy Co. 5,506,093 617,453
  Ameren Corp. 8,267,023 611,429
  Atmos Energy Corp. 4,749,244 564,543
  CenterPoint Energy Inc. 19,780,956 563,559
  CMS Energy Corp. 9,166,704 553,119

          Shares Market
Value
($000)
  NRG Energy Inc.   7,126,016       482,360
  AES Corp.  22,586,247       404,971
  Alliant Energy Corp.   7,929,335       399,639
  NiSource Inc.  14,125,613       390,714
  Evergy Inc.   7,212,693       385,014
* Clean Harbors Inc.   1,534,715       308,954
  Essential Utilities Inc.   7,797,878       288,911
  Pinnacle West Capital Corp.   3,549,878       265,282
  OGE Energy Corp.   6,282,805       215,500
* Casella Waste Systems Inc. Class A   1,799,917       177,958
  Southwest Gas Holdings Inc.   2,132,741       162,366
  UGI Corp.   6,594,447       161,828
  National Fuel Gas Co.   2,891,693       155,342
* Stericycle Inc.   2,907,795       153,386
  IDACORP Inc. 1,584,017 147,139
  Portland General Electric Co. 3,237,210 135,963
  New Jersey Resources Corp. 3,076,596 132,017
  Black Hills Corp. 2,141,092 116,904
  ONE Gas Inc. 1,745,495 112,637
  ALLETE Inc. 1,816,031 108,308
  Ormat Technologies Inc. 1,609,626 106,541
  PNM Resources Inc. 2,693,131 101,369
  Northwestern Energy Group Inc. 1,970,399 100,352
  Spire Inc. 1,568,435 96,255
1 MGE Energy Inc. 1,152,397 90,717
  Avangrid Inc. 2,435,484 88,749
*,1 Sunrun Inc. 6,489,377 85,530
  American States Water Co. 1,173,556 84,778
  Avista Corp. 2,418,986 84,713
  California Water Service Group 1,814,807 84,352
  Chesapeake Utilities Corp. 682,670 73,251
  Clearway Energy Inc. Class C 2,389,621 55,081
  SJW Group 894,442 50,617
  Northwest Natural Holding Co. 1,101,776 41,008
  Hawaiian Electric Industries Inc. 3,429,504 38,651
  Middlesex Water Co. 562,726 29,543
  Clearway Energy Inc. Class A 1,299,318 27,948
  Unitil Corp. 502,458 26,304
* Enviri Corp. 2,510,417 22,970
*,1 Sunnova Energy International Inc. 3,229,886 19,799
  York Water Co. 333,180 12,084
  Aris Water Solutions Inc. Class A 799,144 11,308
  Genie Energy Ltd. Class B 743,537 11,213
*,1 Net Power Inc. 971,852 11,069
  Artesian Resources Corp. Class A 281,510 10,447
*,1 NuScale Power Corp. Class A 1,810,727 9,615
  Excelerate Energy Inc. Class A 578,136 9,262
* Altus Power Inc. Class A 1,749,901 8,365
* Pure Cycle Corp. 583,577 5,544
  Global Water Resources Inc. 430,487 5,527
  RGC Resources Inc. 255,382 5,169
* Quest Resource Holding Corp. 559,393 4,800
* Perma-Fix Environmental Services Inc. 384,758 4,575
* Arq Inc. 610,658 3,957
*,1 Vertex Energy Inc. 2,646,605 3,705
*,1 Cadiz Inc. 1,259,737 3,653
*,1 Aqua Metals Inc. 2,952,345 1,588
* Via Renewables Inc. Class A 124,941 1,351

          Shares Market
Value
($000)
* Clean Energy Technologies Inc.       8,777             9
*,1 Vivakor Inc.       6,500             5
            40,578,370
Total Common Stocks (Cost $706,524,265) 1,595,666,791
Preferred Stocks (0.0%)
*,1,2 Next Bridge Hydrocarbons Inc. Preference Shares   1,763,201            —
*,2 BTCS Inc. Preference Shares     280,193            —
Total Preferred Stocks (Cost $5,104)
Rights (0.0%)
*,1,2 Frequency Therapeutics Inc. CVR   1,246,700         2,469
*,1,2 Tobira Therapeutics Inc. CVR Exp. 12/31/28     201,001           911
*,2 Spectrum Pharmaceuticals Inc. CVR   5,990,797           488
*,2 Imara Inc. CVR     370,003           463
*,1,2 Palisade Bio Inc. CVR     204,224           196
*,2 Ocera Therapeutics Inc. CVR 653,477 176
*,2 Surface Oncology Inc. CVR 1,709,153 161
*,2 Adamas Pharmaceuticals Inc. CVR 2,522,158 152
*,1,2 CinCor Pharma Inc. CVR 28,710 88
*,2 Gyre Therapeutics Inc. CVR 826,502 83
*,2 Aduro Biotech Inc. CVR 415,255 76
*,2 OncoMed Pharmaceuticals Inc. CVR 255,777 61
*,2 Strongbridge Biopharma plc CVR 1,399,363 48
*,1,2 Miragen Therapeutics Inc. CVR 1,753,041 35
*,1,2 Q32 Bio Inc. CVR 1,354,738 12
*,2 Alexza Pharmaceuticals Inc. CVR 327,391 11
*,1,2 Oncternal Therapeutics Inc. CVR 8,933 9
*,2 F-star Therapeutics Inc. CVR 122,042 8
*,2 Dianthus Therapeutics Inc. CVR 1,432,921 7
*,1,2 INNOVATE Corp. 1,618,635 1
*,2 Ambit Biosciences Corp. CVR 201,330
*,2 Pineapple Energy Inc. CVR 69,639
*,2 ABIOMED Inc. CVR 264
*,1,2 Disc Medicine Inc. CVR 275,152
*,1,2 Sesen Bio Inc. CVR 6,822,627
*,2 Neurogene Inc. CVR 98,708
*,1 Empire Petroleum Corp. Exp. 4/3/24 287,746
Total Rights (Cost $4,630) 5,455
Warrants (0.0%)
* Geron Corp. Exp. 12/31/25 1,202,419 1,166
* Presidio Property Trust Inc. Exp. 1/24/27 110,319 7
* Hycroft Mining Holding Corp. Exp. 10/6/25 155,000 3
*,1 TurnOnGreen Inc. Exp. 7/14/28 1,503,700 3
* LGL Group Inc. Exp. 12/16/25 2,391 1
* Ayala Pharmaceuticals Inc. Exp. 9/11/24 157,660
* SELLAS Life Sciences Group Inc. Exp. 4/5/27 40,000
*,2 Athenex Inc. Exp. 8/15/27 535,168
* Cassava Sciences Inc. Exp. 11/15/24 1
Total Warrants (Cost $9) 1,180

      Coupon   Shares Market
Value
($000)
Temporary Cash Investments (0.3%)
Money Market Fund (0.3%)
5,6 Vanguard Market Liquidity Fund
(Cost $5,792,872)
5.407%    57,947,706     5,793,612
Total Investments (100.1%) (Cost $712,326,880)   1,601,467,038
Other Assets and Liabilities—Net (-0.1%)   (2,058,111)
Net Assets (100%)   1,599,408,927
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 $3,256,476,000.
2 Security value determined using significant unobservable inputs.
3 Considered an affiliated company of the fund as the fund owns more than 5% of the outstanding voting securities of such company.
4 Restricted securities totaling $3,153,000, representing 0.0% of net assets.
5 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
6 Collateral of $3,704,273,000 was received for securities on loan, of which $3,703,911,000 is held in Vanguard Market Liquidity Fund and $362,000 is held in cash.
    
  CVR—Contingent Value Rights.
  REIT—Real Estate Investment Trust.

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts
      ($000)
  Expiration Number of
Long (Short)
Contracts
Notional
Amount
Value and
Unrealized
Appreciation
(Depreciation)
Long Futures Contracts
E-mini Russell 2000 Index June 2024 4,453 477,785 8,252
E-mini S&P 500 Index June 2024 9,242 2,453,058 42,010
E-mini S&P Mid-Cap 400 Index June 2024 240 73,857 2,181
        52,443
    
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)
Arbor Realty Trust Inc. 1/31/25 GSI 6,480 (5.332) 135
Global Payments Inc. 8/30/24 BANA 234,757 (5.928) 6,576
Goldman Sachs Group Inc. 8/29/25 BANA 331,082 (6.028) 25,216
Invesco Ltd. 8/30/24 BANA 4,315 (5.878) 367
Invesco Ltd. 8/30/24 BANA 925 (5.878) 79

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)
Paycor HCM Inc. 1/31/25 CITNA 4,224 (5.329) (353)
VICI Properties Inc. Class A 8/30/24 BANA 82,308 (5.978) 387
Visa Inc. Class A 8/30/24 BANA 63,594 (5.228) (933)
Visa Inc. Class A 8/30/24 BANA 56,528 (5.328) (834)
Yum! Brands Inc. 8/30/24 BANA 24,224 (5.328) 61
          32,821 (2,120)
1 Based on USD Overnight Bank Funding Rate as of the most recent reset date. Floating interest payment received/paid monthly.
  BANA—Bank of America, N.A.
  CITNA—Citibank, N.A.
  GSI—Goldman Sachs International.
At March 31, 2024, the counterparties had deposited in segregated accounts securities with a value of $30,285,000 in connection with open over-the-counter swap contracts.

A. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund's pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the valuation designee to represent fair value and subject to oversight by the board of trustees.
Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value. Other temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services.
B. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).
C. Swap Contracts: The fund has entered into equity swap contracts to earn the total return on selected reference stocks or indexes in the fund’s target index. Under the terms of the swaps, the fund receives the total return on the referenced stock (i.e., receiving the increase or paying the decrease in value of the selected reference stock and receiving the equivalent of any dividends in respect of the selected referenced stock) over a specified period of time, applied to a notional amount that represents the value of a designated number of shares of the selected reference stock at the beginning of the equity swap contract. The fund also pays a floating rate that is based on short-term interest rates, applied to the notional amount. At the same time, the fund generally invests an amount approximating the notional amount of the swap in high-quality temporary cash investments.
A risk associated with all types of swaps is the possibility that a counterparty may default on its obligation to pay net amounts due to the fund. The fund’s maximum amount subject to counterparty risk is the unrealized appreciation on the swap contract. The fund mitigates its counterparty risk by entering into swaps only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. In the event of a counterparty’s default (including bankruptcy), the fund may terminate any swap contracts with that counterparty, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The swap contracts contain provisions whereby a counterparty may terminate open contracts if the fund's net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by

any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the swap contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
Swaps are valued daily based on market quotations received from independent pricing services or recognized dealers and the change in value is recorded as an asset (liability) and as unrealized appreciation (depreciation) until periodic payments are made or the termination of the swap, at which time realized gain (loss) is recorded.
D.   Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
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 the fund’s own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
The following table summarizes the market value of the fund's investments and derivatives as of March 31, 2024, based on the inputs used to value them:
  Level 1
($000)
Level 2
($000)
Level 3
($000)
Total
($000)
Investments        
Assets        
Common Stocks 1,595,660,375 3,156 3,260 1,595,666,791
Preferred Stocks
Rights 5,455 5,455
Warrants 1,180 1,180
Temporary Cash Investments 5,793,612 5,793,612
Total 1,601,455,167 3,156 8,715 1,601,467,038
Derivative Financial Instruments        
Assets        
Futures Contracts1 52,443 52,443
Swap Contracts 32,821 32,821
Total 52,443 32,821 85,264
Liabilities        
Swap Contracts 2,120 2,120
1 Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments.

E.  Certain of the fund’s investments are in companies that are considered to be affiliated companies of the fund because the fund owns more than 5% of the outstanding voting securities of the company or the issuer is another member of The Vanguard Group. Transactions during the period in securities of these companies were as follows:
    Current Period Transactions  
  Dec. 31, 2023
Market Value
($000)
Purchases
at Cost
($000)
Proceeds
from
Securities
Sold
($000)
Realized
Net Gain
(Loss)
($000)
Change in
Unrealized
App. (Dep.)
($000)
Income
($000)
Capital Gain
Distributions
Received
($000)
Mar. 31, 2024
Market Value
($000)
1895 Bancorp of Wisconsin Inc. 2,291 (32) 2,259
Vanguard Market Liquidity Fund 5,979,482 NA1 NA1 (114) (52) 36,046 5,793,612
Total 5,981,773 (114) (84) 36,046 5,795,871
1 Not applicable—purchases and sales are for temporary cash investment purposes.