Shares | Market Value ($000) | ||
Common Stocks (99.7%) | |||
Basic Materials (1.5%) | |||
Linde plc | 249,750 | 108,771 | |
Air Products and Chemicals Inc. | 114,263 | 30,474 | |
Newmont Corp. (XNYS) | 594,223 | 24,922 | |
Nucor Corp. | 126,516 | 21,362 | |
Fastenal Co. | 294,057 | 19,402 | |
LyondellBasell Industries NV Class A | 133,234 | 13,246 | |
International Flavors & Fragrances Inc. | 131,481 | 12,646 | |
Steel Dynamics Inc. | 78,460 | 10,503 | |
Avery Dennison Corp. | 41,571 | 9,461 | |
International Paper Co. | 178,297 | 8,039 | |
CF Industries Holdings Inc. | 99,107 | 7,902 | |
Albemarle Corp. | 60,288 | 7,391 | |
Mosaic Co. | 167,685 | 5,187 | |
FMC Corp. | 64,251 | 3,916 | |
Westlake Corp. | 16,632 | 2,670 | |
285,892 | |||
Consumer Discretionary (15.0%) | |||
* | Amazon.com Inc. | 4,642,434 | 819,111 |
* | Tesla Inc. | 1,421,730 | 253,182 |
Costco Wholesale Corp. | 228,289 | 184,889 | |
Home Depot Inc. | 515,353 | 172,576 | |
* | Netflix Inc. | 219,963 | 141,133 |
Walt Disney Co. | 942,276 | 97,912 | |
McDonald's Corp. | 375,791 | 97,289 | |
Booking Holdings Inc. | 17,973 | 67,872 | |
Lowe's Cos. Inc. | 297,575 | 65,850 | |
* | Uber Technologies Inc. | 1,014,004 | 65,464 |
TJX Cos. Inc. | 587,348 | 60,556 | |
NIKE Inc. Class B | 605,335 | 57,537 | |
Starbucks Corp. | 572,681 | 45,941 | |
* | Chipotle Mexican Grill Inc. | 14,151 | 44,286 |
* | MercadoLibre Inc. | 23,805 | 41,077 |
Target Corp. | 236,981 | 37,007 | |
* | Airbnb Inc. Class A | 213,326 | 30,917 |
* | O'Reilly Automotive Inc. | 30,451 | 29,332 |
Marriott International Inc. Class A | 123,592 | 28,571 | |
Hilton Worldwide Holdings Inc. | 128,307 | 25,738 | |
* | AutoZone Inc. | 8,890 | 24,625 |
Ford Motor Co. | 2,021,322 | 24,519 | |
Ross Stores Inc. | 170,238 | 23,792 | |
* | Copart Inc. | 441,879 | 23,446 |
* | Spotify Technology SA | 72,191 | 21,425 |
* | Trade Desk Inc. Class A | 226,946 | 21,056 |
Lennar Corp. Class A | 124,716 | 19,998 | |
Yum! Brands Inc. | 144,399 | 19,845 | |
Electronic Arts Inc. | 139,385 | 18,522 | |
* | Lululemon Athletica Inc. | 57,309 | 17,880 |
* | Royal Caribbean Cruises Ltd. | 120,515 | 17,798 |
Tractor Supply Co. | 55,646 | 15,875 | |
Dollar General Corp. | 112,832 | 15,448 | |
Estee Lauder Cos. Inc. Class A | 118,427 | 14,609 | |
eBay Inc. | 267,242 | 14,490 | |
* | Take-Two Interactive Software Inc. | 84,916 | 13,617 |
Garmin Ltd. | 79,113 | 12,963 | |
PulteGroup Inc. | 110,306 | 12,941 | |
* | Coupang Inc. | 564,171 | 12,829 |
* | Dollar Tree Inc. | 105,770 | 12,476 |
* | Aptiv plc | 139,388 | 11,605 |
* | NVR Inc. | 1,499 | 11,513 |
Shares | Market Value ($000) | ||
Genuine Parts Co. | 72,224 | 10,410 | |
* | Ulta Beauty Inc. | 24,972 | 9,866 |
Omnicom Group Inc. | 101,592 | 9,444 | |
* | Warner Bros Discovery Inc. | 1,134,684 | 9,350 |
Domino's Pizza Inc. | 17,983 | 9,146 | |
Best Buy Co. Inc. | 99,095 | 8,405 | |
* | Roblox Corp. Class A | 241,998 | 8,136 |
* | Burlington Stores Inc. | 33,262 | 7,985 |
* | Expedia Group Inc. | 68,472 | 7,728 |
* | Carnival Corp. | 511,744 | 7,717 |
* | Live Nation Entertainment Inc. | 80,565 | 7,552 |
* | Liberty Media Corp.-Liberty Formula One Class C | 98,919 | 7,334 |
Pool Corp. | 19,560 | 7,111 | |
Interpublic Group of Cos. Inc. | 198,482 | 6,226 | |
Bath & Body Works Inc. | 116,388 | 6,045 | |
Rollins Inc. | 131,411 | 6,004 | |
LKQ Corp. | 137,153 | 5,902 | |
* | CarMax Inc. | 81,318 | 5,713 |
News Corp. Class A | 195,323 | 5,311 | |
Autoliv Inc. | 37,914 | 4,837 | |
Fox Corp. Class A | 126,523 | 4,356 | |
BorgWarner Inc. (XNYS) | 120,082 | 4,282 | |
Delta Air Lines Inc. | 82,873 | 4,228 | |
* | Etsy Inc. | 61,295 | 3,890 |
* | Rivian Automotive Inc. Class A | 348,044 | 3,801 |
Lear Corp. | 29,815 | 3,737 | |
Vail Resorts Inc. | 19,445 | 3,670 | |
Paramount Global Class B | 296,876 | 3,536 | |
* | United Airlines Holdings Inc. | 42,223 | 2,237 |
Fox Corp. Class B | 67,940 | 2,170 | |
Southwest Airlines Co. | 76,898 | 2,064 | |
* | Liberty Media Corp.-Liberty SiriusXM Class C | 86,084 | 1,951 |
News Corp. Class B | 60,582 | 1,689 | |
* | Liberty Media Corp.-Liberty SiriusXM Class A | 54,142 | 1,231 |
*,1 | Lucid Group Inc. | 385,978 | 1,096 |
Lennar Corp. Class B | 6,718 | 983 | |
* | American Airlines Group Inc. | 84,400 | 971 |
* | Liberty Media Corp. -Liberty Formula One Class A | 13,264 | 907 |
1 | Sirius XM Holdings Inc. | 138,757 | 391 |
2,944,924 | |||
Consumer Staples (4.7%) | |||
Procter & Gamble Co. | 1,213,093 | 199,602 | |
Coca-Cola Co. | 2,006,852 | 126,291 | |
PepsiCo Inc. | 709,864 | 122,736 | |
Mondelez International Inc. Class A | 700,684 | 48,018 | |
CVS Health Corp. | 659,788 | 39,323 | |
Colgate-Palmolive Co. | 422,828 | 39,306 | |
McKesson Corp. | 68,584 | 39,065 | |
Kimberly-Clark Corp. | 173,540 | 23,133 | |
Corteva Inc. | 363,351 | 20,326 | |
General Mills Inc. | 292,558 | 20,113 | |
* | Monster Beverage Corp. | 383,237 | 19,898 |
Cencora Inc. | 86,588 | 19,618 | |
Sysco Corp. | 256,491 | 18,678 | |
Kroger Co. | 336,052 | 17,599 | |
Archer-Daniels-Midland Co. | 274,999 | 17,171 | |
Keurig Dr Pepper Inc. | 490,925 | 16,814 | |
Hershey Co. | 77,207 | 15,274 | |
Kraft Heinz Co. | 413,741 | 14,634 | |
Church & Dwight Co. Inc. | 125,787 | 13,460 | |
McCormick & Co. Inc. | 129,395 | 9,345 | |
Clorox Co. | 63,680 | 8,378 | |
Tyson Foods Inc. Class A | 143,058 | 8,190 | |
Kellanova | 133,781 | 8,072 | |
Bunge Global SA | 74,496 | 8,015 | |
Coca-Cola Europacific Partners plc | 103,980 | 7,664 | |
Conagra Brands Inc. | 244,930 | 7,319 | |
Lamb Weston Holdings Inc. | 74,832 | 6,607 | |
Walgreens Boots Alliance Inc. | 368,890 | 5,983 |
Shares | Market Value ($000) | ||
J M Smucker Co. | 52,865 | 5,902 | |
Hormel Foods Corp. | 149,018 | 4,617 | |
Campbell Soup Co. | 98,462 | 4,370 | |
915,521 | |||
Energy (0.1%) | |||
* | First Solar Inc. | 54,795 | 14,891 |
* | Enphase Energy Inc. | 68,522 | 8,764 |
23,655 | |||
Financials (9.9%) | |||
JPMorgan Chase & Co. | 1,487,416 | 301,395 | |
Bank of America Corp. | 3,550,761 | 141,995 | |
Goldman Sachs Group Inc. | 162,531 | 74,199 | |
S&P Global Inc. | 163,236 | 69,785 | |
Progressive Corp. | 301,124 | 63,591 | |
Citigroup Inc. | 985,382 | 61,399 | |
BlackRock Inc. | 76,592 | 59,131 | |
Morgan Stanley | 602,685 | 58,967 | |
Chubb Ltd. | 209,211 | 56,659 | |
Charles Schwab Corp. | 763,668 | 55,962 | |
Marsh & McLennan Cos. Inc. | 255,028 | 52,939 | |
Blackstone Inc. | 367,152 | 44,242 | |
Intercontinental Exchange Inc. | 291,643 | 39,051 | |
CME Group Inc. | 184,986 | 37,548 | |
US Bancorp | 802,478 | 32,540 | |
Moody's Corp. | 81,751 | 32,454 | |
PNC Financial Services Group Inc. | 205,167 | 32,291 | |
Apollo Global Management Inc. | 268,687 | 31,211 | |
Aon plc Class A (XNYS) | 102,107 | 28,757 | |
American International Group Inc. | 361,599 | 28,501 | |
Arthur J Gallagher & Co. | 110,384 | 27,964 | |
Aflac Inc. | 298,957 | 26,867 | |
Truist Financial Corp. | 683,236 | 25,792 | |
Travelers Cos. Inc. | 117,419 | 25,327 | |
Bank of New York Mellon Corp. | 391,612 | 23,344 | |
MetLife Inc. | 321,133 | 23,240 | |
Allstate Corp. | 135,080 | 22,629 | |
Ameriprise Financial Inc. | 51,597 | 22,528 | |
Prudential Financial Inc. | 186,995 | 22,505 | |
* | Coinbase Global Inc. Class A | 88,199 | 19,926 |
MSCI Inc. | 39,548 | 19,583 | |
* | Arch Capital Group Ltd. | 184,178 | 18,902 |
Discover Financial Services | 128,471 | 15,758 | |
Hartford Financial Services Group Inc. | 152,038 | 15,728 | |
* | NU Holdings Ltd. Class A | 1,203,721 | 14,300 |
Willis Towers Watson plc | 53,254 | 13,595 | |
T Rowe Price Group Inc. | 113,585 | 13,384 | |
Fifth Third Bancorp | 349,520 | 13,079 | |
M&T Bank Corp. | 85,172 | 12,912 | |
Broadridge Financial Solutions Inc. | 60,348 | 12,116 | |
Ares Management Corp. Class A | 86,043 | 12,061 | |
Raymond James Financial Inc. | 97,427 | 11,959 | |
State Street Corp. | 155,256 | 11,736 | |
Nasdaq Inc. | 189,776 | 11,202 | |
LPL Financial Holdings Inc. | 38,800 | 11,105 | |
* | Markel Group Inc. | 6,765 | 11,105 |
Brown & Brown Inc. | 122,073 | 10,927 | |
Huntington Bancshares Inc. | 740,596 | 10,309 | |
Principal Financial Group Inc. | 122,145 | 10,021 | |
First Citizens BancShares Inc. Class A | 5,587 | 9,489 | |
Cboe Global Markets Inc. | 54,150 | 9,367 | |
Cincinnati Financial Corp. | 79,052 | 9,295 | |
Regions Financial Corp. | 475,836 | 9,207 | |
Northern Trust Corp. | 104,161 | 8,775 | |
Everest Group Ltd. | 22,059 | 8,624 | |
Citizens Financial Group Inc. | 239,501 | 8,452 | |
W R Berkley Corp. | 102,928 | 8,340 | |
FactSet Research Systems Inc. | 19,760 | 7,988 | |
Loews Corp. | 94,252 | 7,239 | |
Equitable Holdings Inc. | 173,475 | 7,197 |
Shares | Market Value ($000) | ||
KeyCorp | 479,650 | 6,893 | |
Fidelity National Financial Inc. | 133,552 | 6,726 | |
RenaissanceRe Holdings Ltd. | 26,614 | 6,064 | |
Credicorp Ltd. | 35,063 | 5,797 | |
Ally Financial Inc. | 139,279 | 5,428 | |
Annaly Capital Management Inc. | 257,344 | 5,070 | |
MarketAxess Holdings Inc. | 19,070 | 3,794 | |
Voya Financial Inc. | 49,790 | 3,775 | |
Globe Life Inc. | 44,518 | 3,684 | |
Franklin Resources Inc. | 154,056 | 3,636 | |
SEI Investments Co. | 51,673 | 3,499 | |
CNA Financial Corp. | 13,294 | 611 | |
1,941,471 | |||
Health Care (12.8%) | |||
Eli Lilly & Co. | 436,069 | 357,725 | |
UnitedHealth Group Inc. | 478,973 | 237,269 | |
Merck & Co. Inc. | 1,308,837 | 164,311 | |
AbbVie Inc. | 909,291 | 146,614 | |
Thermo Fisher Scientific Inc. | 198,787 | 112,907 | |
Abbott Laboratories | 891,976 | 91,151 | |
Danaher Corp. | 339,135 | 87,090 | |
Amgen Inc. | 275,255 | 84,187 | |
Pfizer Inc. | 2,911,494 | 83,443 | |
* | Intuitive Surgical Inc. | 179,956 | 72,364 |
Elevance Health Inc. | 122,148 | 65,774 | |
Stryker Corp. | 183,037 | 62,432 | |
* | Vertex Pharmaceuticals Inc. | 132,739 | 60,441 |
* | Boston Scientific Corp. | 753,616 | 56,951 |
Medtronic plc | 684,401 | 55,690 | |
* | Regeneron Pharmaceuticals Inc. | 52,813 | 51,765 |
Cigna Group | 148,197 | 51,072 | |
Bristol-Myers Squibb Co. | 1,049,115 | 43,108 | |
Gilead Sciences Inc. | 644,016 | 41,391 | |
Zoetis Inc. | 238,485 | 40,438 | |
HCA Healthcare Inc. | 102,460 | 34,811 | |
Becton Dickinson & Co. | 149,210 | 34,612 | |
* | Edwards Lifesciences Corp. | 310,165 | 26,950 |
* | Moderna Inc. | 171,213 | 24,406 |
* | DexCom Inc. | 199,192 | 23,658 |
Humana Inc. | 62,959 | 22,547 | |
* | IDEXX Laboratories Inc. | 42,410 | 21,076 |
* | IQVIA Holdings Inc. | 93,706 | 20,530 |
* | Centene Corp. | 274,890 | 19,679 |
Agilent Technologies Inc. | 150,491 | 19,626 | |
GE Healthcare Inc. | 214,752 | 16,751 | |
* | Biogen Inc. | 74,199 | 16,690 |
ResMed Inc. | 74,766 | 15,426 | |
* | ICON plc | 41,961 | 13,630 |
* | Veeva Systems Inc. Class A | 74,579 | 12,995 |
West Pharmaceutical Services Inc. | 38,108 | 12,629 | |
Cardinal Health Inc. | 127,018 | 12,609 | |
Zimmer Biomet Holdings Inc. | 108,143 | 12,453 | |
STERIS plc | 51,072 | 11,383 | |
* | Align Technology Inc. | 39,313 | 10,112 |
* | Alnylam Pharmaceuticals Inc. | 64,548 | 9,581 |
Cooper Cos. Inc. | 100,065 | 9,437 | |
* | Molina Healthcare Inc. | 29,745 | 9,357 |
Baxter International Inc. | 260,319 | 8,874 | |
* | Hologic Inc. | 119,103 | 8,787 |
Labcorp Holdings Inc. | 43,654 | 8,509 | |
* | Illumina Inc. | 81,424 | 8,491 |
* | Avantor Inc. | 347,379 | 8,365 |
Quest Diagnostics Inc. | 57,661 | 8,186 | |
* | BioMarin Pharmaceutical Inc. | 96,345 | 7,233 |
Revvity Inc. | 63,842 | 6,975 | |
Viatris Inc. | 615,934 | 6,529 | |
* | Insulet Corp. | 35,684 | 6,323 |
Bio-Techne Corp. | 80,109 | 6,184 | |
Universal Health Services Inc. Class B | 30,306 | 5,752 |
Shares | Market Value ($000) | ||
* | Incyte Corp. | 94,900 | 5,484 |
* | Charles River Laboratories International Inc. | 26,127 | 5,446 |
Royalty Pharma plc Class A | 191,178 | 5,240 | |
Teleflex Inc. | 24,187 | 5,057 | |
* | Catalent Inc. | 92,578 | 4,980 |
* | Henry Schein Inc. | 67,092 | 4,652 |
* | Exact Sciences Corp. | 91,918 | 4,178 |
* | DaVita Inc. | 27,796 | 4,089 |
* | Jazz Pharmaceuticals plc | 31,407 | 3,306 |
* | Bio-Rad Laboratories Inc. Class A | 10,580 | 3,035 |
2,512,746 | |||
Industrials (9.1%) | |||
Visa Inc. Class A | 821,945 | 223,947 | |
Mastercard Inc. Class A | 427,829 | 191,270 | |
Accenture plc Class A | 325,582 | 91,909 | |
Caterpillar Inc. | 262,905 | 88,999 | |
Union Pacific Corp. | 314,083 | 73,125 | |
American Express Co. | 298,899 | 71,736 | |
Automatic Data Processing Inc. | 213,099 | 52,192 | |
United Parcel Service Inc. Class B (XNYS) | 373,141 | 51,840 | |
Deere & Co. | 132,771 | 49,757 | |
* | Fiserv Inc. | 308,031 | 46,131 |
Trane Technologies plc | 117,276 | 38,403 | |
Illinois Tool Works Inc. | 154,233 | 37,440 | |
Sherwin-Williams Co. | 122,536 | 37,226 | |
* | PayPal Holdings Inc. | 555,482 | 34,990 |
CSX Corp. | 1,016,632 | 34,311 | |
FedEx Corp. | 119,470 | 30,341 | |
Cintas Corp. | 44,624 | 30,254 | |
PACCAR Inc. | 264,063 | 28,387 | |
Carrier Global Corp. | 429,091 | 27,114 | |
Capital One Financial Corp. | 195,251 | 26,872 | |
Johnson Controls International plc | 350,322 | 25,192 | |
Fidelity National Information Services Inc. | 304,889 | 23,135 | |
Otis Worldwide Corp. | 212,902 | 21,120 | |
Paychex Inc. | 165,957 | 19,941 | |
Ingersoll Rand Inc. (XYNS) | 208,420 | 19,394 | |
Verisk Analytics Inc. | 73,485 | 18,576 | |
DuPont de Nemours Inc. | 221,541 | 18,202 | |
* | Block Inc. (XNYS) | 284,037 | 18,201 |
Martin Marietta Materials Inc. | 31,789 | 18,186 | |
Old Dominion Freight Line Inc. | 101,600 | 17,805 | |
Vulcan Materials Co. | 68,220 | 17,449 | |
* | Fair Isaac Corp. | 12,478 | 16,096 |
Westinghouse Air Brake Technologies Corp. | 91,809 | 15,537 | |
* | Mettler-Toledo International Inc. | 11,020 | 15,473 |
Rockwell Automation Inc. | 59,176 | 15,240 | |
Equifax Inc. | 62,750 | 14,520 | |
Global Payments Inc. | 132,797 | 13,525 | |
Dover Corp. | 71,827 | 13,203 | |
* | Keysight Technologies Inc. | 89,789 | 12,434 |
Veralto Corp. | 113,046 | 11,144 | |
Ball Corp. | 158,629 | 11,014 | |
* | Axon Enterprise Inc. | 36,240 | 10,208 |
* | Builders FirstSource Inc. | 62,457 | 10,042 |
* | Corpay Inc. | 36,192 | 9,688 |
* | Waters Corp. | 30,151 | 9,314 |
Synchrony Financial | 208,582 | 9,136 | |
Expeditors International of Washington Inc. | 74,528 | 9,010 | |
Packaging Corp. of America | 45,552 | 8,358 | |
* | Zebra Technologies Corp. Class A | 26,351 | 8,230 |
IDEX Corp. | 38,926 | 8,122 | |
Masco Corp. | 115,764 | 8,094 | |
Snap-on Inc. | 26,795 | 7,311 | |
TransUnion | 99,424 | 7,151 | |
* | Trimble Inc. | 126,857 | 7,063 |
Westrock Co. | 130,769 | 7,014 | |
Pentair plc | 84,460 | 6,873 | |
Stanley Black & Decker Inc. | 78,825 | 6,871 |
Shares | Market Value ($000) | ||
JB Hunt Transport Services Inc. | 42,379 | 6,812 | |
Jack Henry & Associates Inc. | 37,441 | 6,166 | |
Allegion plc | 45,174 | 5,503 | |
CNH Industrial NV | 501,084 | 5,291 | |
CH Robinson Worldwide Inc. | 59,179 | 5,111 | |
Fortune Brands Innovations Inc. | 65,073 | 4,559 | |
* | Generac Holdings Inc. | 30,817 | 4,537 |
Robert Half Inc. | 53,118 | 3,412 | |
* | Bill Holdings Inc. | 52,741 | 2,745 |
1,798,252 | |||
Real Estate (2.5%) | |||
Prologis Inc. | 475,356 | 52,522 | |
American Tower Corp. | 239,870 | 46,952 | |
Equinix Inc. | 48,094 | 36,695 | |
Welltower Inc. | 285,412 | 29,589 | |
Simon Property Group Inc. | 167,114 | 25,286 | |
Digital Realty Trust Inc. | 160,957 | 23,393 | |
Crown Castle Inc. | 222,865 | 22,844 | |
Realty Income Corp. | 428,362 | 22,729 | |
Public Storage | 80,702 | 22,099 | |
* | CoStar Group Inc. | 208,186 | 16,274 |
Extra Space Storage Inc. | 107,694 | 15,591 | |
AvalonBay Communities Inc. | 72,981 | 14,062 | |
* | CBRE Group Inc. Class A | 156,431 | 13,777 |
Equity Residential | 192,076 | 12,491 | |
Iron Mountain Inc. | 149,105 | 12,031 | |
Invitation Homes Inc. | 314,707 | 10,949 | |
SBA Communications Corp. | 55,299 | 10,876 | |
Alexandria Real Estate Equities Inc. | 89,314 | 10,628 | |
Ventas Inc. | 205,724 | 10,340 | |
Essex Property Trust Inc. | 32,869 | 8,539 | |
Mid-America Apartment Communities Inc. | 59,781 | 7,993 | |
Sun Communities Inc. | 63,271 | 7,465 | |
Healthpeak Properties Inc. | 363,599 | 7,236 | |
Kimco Realty Corp. | 337,782 | 6,539 | |
UDR Inc. | 168,920 | 6,524 | |
Host Hotels & Resorts Inc. | 359,883 | 6,456 | |
WP Carey Inc. | 111,582 | 6,293 | |
Equity LifeStyle Properties Inc. | 91,457 | 5,741 | |
Regency Centers Corp. | 93,013 | 5,711 | |
Boston Properties Inc. | 80,743 | 4,899 | |
Federal Realty Investment Trust | 41,613 | 4,201 | |
* | Zillow Group Inc. Class C | 79,615 | 3,260 |
* | Zillow Group Inc. Class A | 27,621 | 1,109 |
NET Lease Office Properties | 7,519 | 178 | |
491,272 | |||
Technology (41.3%) | |||
Microsoft Corp. | 3,834,897 | 1,591,981 | |
Apple Inc. | 7,514,900 | 1,444,740 | |
NVIDIA Corp. | 1,224,381 | 1,342,326 | |
Meta Platforms Inc. Class A | 1,139,746 | 532,068 | |
* | Alphabet Inc. Class A | 3,062,064 | 528,206 |
* | Alphabet Inc. Class C | 2,586,384 | 449,927 |
Broadcom Inc. | 222,148 | 295,135 | |
* | Advanced Micro Devices Inc. | 825,934 | 137,848 |
QUALCOMM Inc. | 574,851 | 117,298 | |
Salesforce Inc. | 482,230 | 113,054 | |
* | Adobe Inc. | 232,651 | 103,474 |
Oracle Corp. | 794,966 | 93,162 | |
Applied Materials Inc. | 430,537 | 92,600 | |
Texas Instruments Inc. | 467,740 | 91,214 | |
Intuit Inc. | 140,763 | 81,141 | |
Micron Technology Inc. | 563,114 | 70,389 | |
* | ServiceNow Inc. | 104,907 | 68,917 |
Intel Corp. | 2,174,345 | 67,079 | |
Lam Research Corp. | 67,810 | 63,229 | |
KLA Corp. | 69,668 | 52,915 | |
* | Palo Alto Networks Inc. | 160,084 | 47,210 |
* | Synopsys Inc. | 78,262 | 43,889 |
Shares | Market Value ($000) | ||
* | Cadence Design Systems Inc. | 139,267 | 39,874 |
NXP Semiconductors NV | 133,414 | 36,302 | |
* | Crowdstrike Holdings Inc. Class A | 109,927 | 34,481 |
Marvell Technology Inc. | 440,157 | 30,287 | |
Microchip Technology Inc. | 273,597 | 26,602 | |
* | Autodesk Inc. | 110,692 | 22,315 |
* | Snowflake Inc. Class A | 161,938 | 22,053 |
* | Workday Inc. Class A | 103,389 | 21,862 |
* | Palantir Technologies Inc. Class A | 991,544 | 21,497 |
* | Fortinet Inc. | 331,322 | 19,654 |
* | DoorDash Inc. Class A | 159,660 | 17,580 |
Monolithic Power Systems Inc. | 23,663 | 17,407 | |
Cognizant Technology Solutions Corp. Class A | 258,511 | 17,100 | |
* | Gartner Inc. | 38,919 | 16,333 |
HP Inc. | 444,971 | 16,241 | |
* | ON Semiconductor Corp. | 222,061 | 16,219 |
* | Datadog Inc. Class A | 143,430 | 15,803 |
CDW Corp. | 69,602 | 15,564 | |
Corning Inc. | 391,682 | 14,594 | |
* | HubSpot Inc. | 23,869 | 14,585 |
NetApp Inc. | 106,057 | 12,772 | |
* | Western Digital Corp. | 166,967 | 12,571 |
* | Atlassian Corp. Class A | 79,833 | 12,523 |
* | Pinterest Inc. Class A | 301,357 | 12,503 |
Hewlett Packard Enterprise Co. | 668,145 | 11,793 | |
Teradyne Inc. | 79,350 | 11,184 | |
* | PTC Inc. | 58,985 | 10,396 |
* | Tyler Technologies Inc. | 21,430 | 10,294 |
* | Cloudflare Inc. Class A | 151,346 | 10,245 |
* | GoDaddy Inc. Class A | 72,499 | 10,123 |
Seagate Technology Holdings plc | 107,469 | 10,020 | |
* | MongoDB Inc. | 34,855 | 8,228 |
* | Zoom Video Communications Inc. Class A | 132,762 | 8,144 |
* | VeriSign Inc. | 45,713 | 7,969 |
* | Zscaler Inc. | 45,567 | 7,745 |
Skyworks Solutions Inc. | 81,870 | 7,586 | |
* | Flex Ltd. | 223,401 | 7,401 |
* | Check Point Software Technologies Ltd. | 48,264 | 7,264 |
* | Akamai Technologies Inc. | 76,899 | 7,093 |
Gen Digital Inc. (XNGS) | 285,192 | 7,081 | |
* | Okta Inc. | 78,704 | 6,979 |
SS&C Technologies Holdings Inc. | 111,886 | 6,943 | |
* | DocuSign Inc. | 104,132 | 5,700 |
* | F5 Inc. | 30,429 | 5,142 |
* | EPAM Systems Inc. | 28,626 | 5,093 |
* | Twilio Inc. Class A | 87,148 | 5,002 |
* | Qorvo Inc. | 50,396 | 4,958 |
Amdocs Ltd. | 59,250 | 4,681 | |
* | Match Group Inc. | 139,652 | 4,278 |
Paycom Software Inc. | 26,593 | 3,864 | |
* | Dayforce Inc. | 76,903 | 3,804 |
* | Unity Software Inc. | 149,745 | 2,736 |
* | UiPath Inc. Class A | 195,683 | 2,399 |
*,1 | GLOBALFOUNDRIES Inc. | 47,601 | 2,332 |
8,121,001 | |||
Telecommunications (2.4%) | |||
Cisco Systems Inc. | 2,089,442 | 97,159 | |
Verizon Communications Inc. | 2,168,437 | 89,231 | |
Comcast Corp. Class A | 2,029,839 | 81,254 | |
AT&T Inc. | 3,689,022 | 67,214 | |
T-Mobile US Inc. | 252,162 | 44,118 | |
* | Arista Networks Inc. | 129,162 | 38,445 |
Motorola Solutions Inc. | 85,100 | 31,054 | |
* | Charter Communications Inc. Class A | 51,877 | 14,895 |
Juniper Networks Inc. | 163,834 | 5,844 | |
* | Liberty Global Ltd. Class C | 100,705 | 1,719 |
* | Liberty Global Ltd. Class A | 85,219 | 1,421 |
Ubiquiti Inc. | 2,165 | 310 | |
472,664 |
Shares | Market Value ($000) | ||
Utilities (0.4%) | |||
Waste Management Inc. | 209,526 | 44,153 | |
Republic Services Inc. | 106,373 | 19,699 | |
American Water Works Co. Inc. | 100,343 | 13,122 | |
76,974 | |||
Total Common Stocks (Cost $10,369,260) | 19,584,372 | ||
Temporary Cash Investments (0.2%) | |||
Money Market Fund (0.2%) | |||
2,3 | Vanguard Market Liquidity Fund, 5.397% (Cost $34,302) | 343,085 | 34,305 |
Total Investments (99.9%) (Cost $10,403,562) | 19,618,677 | ||
Other Assets and Liabilities—Net (0.1%) | 22,839 | ||
Net Assets (100%) | 19,641,516 | ||
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 $3,594,000. |
2 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
3 | Collateral of $3,763,000 was received for securities on loan. |
Futures Contracts | ||||
($000) | ||||
Expiration | Number of Long (Short) Contracts | Notional Amount | Value and Unrealized Appreciation (Depreciation) | |
Long Futures Contracts | ||||
E-mini S&P 500 Index | June 2024 | 199 | 52,690 | (27) |
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. |
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. |
C. | 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. |