0001752724-23-270257.txt : 20231128 0001752724-23-270257.hdr.sgml : 20231128 20231128133124 ACCESSION NUMBER: 0001752724-23-270257 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230930 FILED AS OF DATE: 20231128 DATE AS OF CHANGE: 20231128 PERIOD START: 20231231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLLEGE RETIREMENT EQUITIES FUND CENTRAL INDEX KEY: 0000777535 IRS NUMBER: 136022042 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-04415 FILM NUMBER: 231444466 BUSINESS ADDRESS: STREET 1: 730 THIRD AVE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2129164905 MAIL ADDRESS: STREET 1: 730 THIRD AVE CITY: NEW YORK STATE: NY ZIP: 10017 0000777535 S000005081 Global Equities Account C000154476 Class R1 QCGLRX C000154477 Class R2 QCGLPX C000154478 Class R3 QCGLIX C000234672 Class R4 QCGLFX NPORT-P 1 primary_doc.xml NPORT-P false 0000777535 XXXXXXXX S000005081 C000234672 C000154476 C000154477 C000154478 College Retirement Equities Fund 811-04415 0000777535 549300W86TWR1A52Z652 730 Third Avenue New York 10017 212-490-9000 College Retirement Equities Fund - Global Equities Account S000005081 549300MTG0E2EEITEN34 2023-12-31 2023-09-30 N 23531439349.00 151444963.00 23379994386.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 57894664.00000000 0.00000000 0.00000000 13536993.00000000 UST Orbia Advance Corp SAB de CV 549300MVHZ20SBIOEQ79 Orbia Advance Corp SAB de C.V. N/A 211400.00000000 NS 439236.49000000 0.001878685181 Long EC CORP MX N 1 N N N Schlumberger NV 213800ZUA17OK3QLGM62 Schlumberger Ltd 806857108 324430.00000000 NS USD 18914269.00000000 0.080899373574 Long EC CORP US N 1 N N N First Solar Inc 549300NPYMLM4NHTOF27 First Solar, Inc 336433107 120.00000000 NS USD 19390.80000000 0.000082937573 Long EC CORP US N 1 N N N AU Small Finance Bank Ltd 3358006J6L5P5MWKCU97 AU Small Finance Bank Ltd N/A 13621.00000000 NS 116574.55000000 0.000498608118 Long EC CORP IN Y 2 N N N BOE Technology Group Co Ltd N/A BOE Technology Group Co Ltd N/A 189300.00000000 NS 100232.29000000 0.000428709641 Long EC CORP CN N 2 N N N Arabian Internet & Communications Services Co N/A Arabian Internet & Communications Services Co N/A 5254.00000000 NS 448316.39000000 0.001917521375 Long EC CORP SA N 2 N N N Vodacom Group Ltd 37890012A8DC24B8D663 Vodacom Group Ltd N/A 137108.00000000 NS 765856.85000000 0.003275693044 Long EC CORP ZA N 2 N N N FirstEnergy Corp 549300SVYJS666PQJH88 FirstEnergy Corp 337932107 945525.00000000 NS USD 32318044.50000000 0.138229479299 Long EC CORP US N 1 N N N Cadence Design Systems Inc GCT7RXJOGLXPV0NXZY22 Cadence Design Systems, Inc 127387108 323.00000000 NS USD 75678.90000000 0.000323690839 Long EC CORP US N 1 N N N Delta Air Lines Inc Q2CCMS6R0AS67HJMBN42 Delta Air Lines, Inc 247361702 212845.00000000 NS USD 7875265.00000000 0.033683776266 Long EC CORP US N 1 N N N Samsung Heavy Industries Co Ltd 988400OSK0T9LDTWNC20 Samsung Heavy Industries Co Ltd 677221905 144979.00000000 NS 841075.63000000 0.003597415876 Long EC CORP KR N 2 N N N Bajaj Holdings & Investment Ltd 335800NL7NWD9IPOHL48 Bajaj Holdings & Investment Ltd 612414904 5567.00000000 NS 475854.58000000 0.002035306647 Long EC CORP IN N 2 N N N Ulta Beauty Inc 529900CIV6HN8M28YM82 Ulta Beauty, Inc 90384S303 20611.00000000 NS USD 8233063.95000000 0.035214139978 Long EC CORP US N 1 N N N Trip.com Group Ltd 2549004RMYDSRQL4KW41 Trip.com Group Ltd N/A 119150.00000000 NS 4199623.36000000 0.017962465219 Long EC CORP HK N 2 N N N Reliance Industries Ltd 5493003UOETFYRONLG31 Reliance Industries Ltd 609962907 660048.00000000 NS 18583424.40000000 0.079484297956 Long EC CORP IN N 2 N N N China Tower Corp Ltd 300300T6BNNP0L7O7H91 China Tower Corp Ltd N/A 1622000.00000000 NS 154949.94000000 0.000662745839 Long EC CORP HK Y 2 N N N Zhaojin Mining Industry Co Ltd 3003007KU2DRDX06PN04 Zhaojin Mining Industry Co Ltd N/A 301000.00000000 NS 414948.27000000 0.001774800554 Long EC CORP HK N 2 N N N Aramark 549300MR6PG2DWZUIL39 Aramark 03852U106 293.00000000 NS USD 10167.10000000 0.000043486323 Long EC CORP US N 1 N N N Press Metal Aluminium Holdings Bhd 254900RO5GQ4M0YV5S47 Press Metal Aluminium Holdings Bhd N/A 760600.00000000 NS 761541.18000000 0.003257234229 Long EC CORP MY N 2 N N N KKR & Co Inc 54930013V5I303TF9571 KKR & Co, Inc 48251W104 238559.00000000 NS USD 14695234.40000000 0.062853883355 Long EC CORP US N 1 N N N Apollo Global Management Inc N/A Apollo Global Management, Inc 03769M106 470.00000000 NS USD 42187.20000000 0.000180441446 Long EC CORP US N 1 N N N Montage Technology Co Ltd N/A Montage Technology Co Ltd N/A 15110.00000000 NS 102876.63000000 0.000440019908 Long EC CORP CN N 2 N N N Greentown China Holdings Ltd 529900BLBC6YDNWS8530 Greentown China Holdings Ltd B17N9P906 258500.00000000 NS 267307.54000000 0.001143317383 Long EC CORP HK N 2 N N N Huayu Automotive Systems Co Ltd 3003001J2BNVV78BOT83 Huayu Automotive Systems Co Ltd N/A 42200.00000000 NS 108754.28000000 0.000465159564 Long EC CORP CN N 2 N N N Telefonica SA 549300EEJH4FEPDBBR25 Telefonica S.A. 879382109 1033594.00000000 NS 4222584.18000000 0.018060672343 Long EC CORP ES N 2 N N Jiangsu Expressway Co Ltd 529900UWWTWZ6AKLYD43 Jiangsu Express 600550909 116000.00000000 NS 104630.21000000 0.000447520252 Long EC CORP HK N 2 N N N Ventas Inc ORQTRC074CWLT3DKHT41 Ventas, Inc 92276F100 122588.00000000 NS USD 5164632.44000000 0.022089964414 Long EC CORP US N 1 N N N Asian Paints Ltd 335800HEHXGYRUNERD75 Asian Paints Ltd N/A 83262.00000000 NS 3164654.52000000 0.013535736868 Long EC CORP IN N 2 N N N Intuitive Surgical Inc 54930052SRG011710797 Intuitive Surgical, Inc 46120E602 130362.00000000 NS USD 38103508.98000000 0.162974842298 Long EC CORP US N 1 N N N Activia Properties Inc 353800RPGYN3ML8CXV54 Activia Properties, Inc N/A 353.00000000 NS 973885.90000000 0.004165466782 Long EC CORP JP N 2 N N N Bank Negara Indonesia Persero Tbk PT 549300HZ8J3MLVXQ8F85 Bank Negara Indonesia Persero Tbk PT N/A 6940000.00000000 NS 4629209.57000000 0.019799874600 Long EC CORP ID N 2 N N N Capital One Financial Corp ZUE8T73ROZOF6FLBAR73 Capital One Financial Corp 14040H105 1161.00000000 NS USD 112675.05000000 0.000481929328 Long EC CORP US N 1 N N N Dollar Tree Inc 549300PMSTQITB1WHR43 Dollar Tree, Inc 256746108 248.00000000 NS USD 26399.60000000 0.000112915339 Long EC CORP US N 1 N N N Boston Scientific Corp Y6ZDD9FP4P8JSSJMW954 Boston Scientific Corp 101137107 1952745.00000000 NS USD 103104936.00000000 0.440996410425 Long EC CORP US N 1 N N N CME E-Mini Standard & Poor's 500 Index Future N/A S&P 500 E Mini Index N/A 850.00000000 NC USD 183833750.00000000 0.786286544662 N/A DE US N 1 N/A N/A Long S&P500 EMINI FUT Dec23 SPX 2023-12-15 191732052.00000000 USD -7898302.00000000 N N N Canadian Imperial Bank of Commerce 2IGI19DL77OX0HC3ZE78 Canadian Imperial Bank of Commerce 136069101 195466.00000000 NS 7545210.66000000 0.032272080717 Long EC CORP CA N 1 N N N Doosan Bobcat Inc 9884007K6X0Q0112FX44 Doosan Bobcat, Inc N/A 12315.00000000 NS 464819.30000000 0.001988106978 Long EC CORP KR N 2 N N N Hanmi Pharm Co Ltd 988400PP10VZVUOFE672 Hanmi Pharm Co Ltd N/A 534.00000000 NS 118370.91000000 0.000506291438 Long EC CORP KR N 2 N N N Federal Home Loan Bank Discount Notes 2549001DPIFGXC1TOL40 Federal Home Loan Bank (FHLB) 313384NS4 32500000.00000000 PA USD 32358029.28000000 0.138400500640 Long STIV USGSE US N 2 N N N Legend Biotech Corp 254900EIUFZTW136H859 Legend Biotech Corp (ADR) 52490G102 13471.00000000 NS USD 904847.07000000 0.003870176592 Long EC CORP KY N 1 N N N CMOC Group Ltd 2549008KG3638J59U652 China Molybdenum Co Ltd B1VRCG906 885000.00000000 NS 564598.35000000 0.002414878039 Long EC CORP HK N 2 N N N JBS S/A 529900RM0MTMZL9O5050 JBS S.A. B1V74X902 164400.00000000 NS 590349.25000000 0.002525018784 Long EC CORP BR N 1 N N N Emirates Telecommunications Group Co PJSC 529900XDPQPWEQ9BGB80 Emirates Telecommunications Group Co PJSC N/A 752109.00000000 NS 4185379.44000000 0.017901541680 Long EC CORP AE N 2 N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 Microsoft Corp 594918104 3132004.00000000 NS USD 988930263.00000000 4.229813945516 Long EC CORP US N 1 N N N BYD Co Ltd 5299005557VL7ULJ7A69 BYD Co Ltd (H shares) 653665901 226500.00000000 NS 6978514.30000000 0.029848229151 Long EC CORP HK N 2 N N N Hilton Worldwide Holdings Inc 549300HVGPK36ICB0B89 Hilton Worldwide Holdings, Inc 43300A203 313.00000000 NS USD 47006.34000000 0.000201053683 Long EC CORP US N 1 N N N Hotai Motor Co Ltd 254900ZL0NDWNH1MNQ51 Hotai Motor Co Ltd N/A 64280.00000000 NS 1306353.83000000 0.005587485644 Long EC CORP TW N 2 N N N Minth Group Ltd 254900B2AH0G13K9G204 Minth Group Ltd B0RJCG901 168000.00000000 NS 431804.44000000 0.001846897107 Long EC CORP HK N 2 N N N Veolia Environnement SA 969500LENY69X51OOT31 Veolia Environnement 403187909 116614.00000000 NS 3370861.41000000 0.014417716935 Long EC CORP FR N 2 N N N Haleon PLC 549300PSB3WWEODCUP19 Haleon plc N/A 1092001.00000000 NS 4526437.77000000 0.019360303066 Long EC CORP GB N 2 N N N Chongqing Rural Commercial Bank Co Ltd 300300C1126750000027 Chongqing Rural Commercial Bank Co Ltd N/A 267100.00000000 NS 146500.13000000 0.000626604641 Long EC CORP CN N 2 N N N PG&E Corp 8YQ2GSDWYZXO2EDN3511 PG&E Corp 69331C108 375742.00000000 NS USD 6060718.46000000 0.025922668585 Long EC CORP US N 1 N N N China Traditional Chinese Medicine Holdings Co Ltd N/A Winteam Pharmaceutical Group Ltd N/A 726000.00000000 NS 338203.29000000 0.001446549919 Long EC CORP HK N 2 N N N Zhejiang Weiming Environment Protection Co Ltd 300300MI4URDDZP5ZT02 Zhejiang Weiming Environment Protection Co Ltd N/A 18590.00000000 NS 45103.90000000 0.000192916641 Long EC CORP CN N 2 N N N Lennox International Inc S7DWAC87RDMPBF77GJ92 Lennox International, Inc 526107107 38.00000000 NS USD 14228.72000000 0.000060858526 Long EC CORP US N 1 N N N Extra Space Storage Inc N/A Extra Space Storage, Inc 30225T102 30882.00000000 NS USD 3754633.56000000 0.016059172205 Long EC CORP US N 1 N N N Beijing Enlight Media Co Ltd 3003001OIMLU5YWOKG42 Beijing Enlight Media Co Ltd N/A 44600.00000000 NS 52644.82000000 0.000225170370 Long EC CORP CN N 2 N N N Vail Resorts Inc 529900PSZHRNU9HKH870 Vail Resorts, Inc 91879Q109 48.00000000 NS USD 10650.72000000 0.000045554844 Long EC CORP US N 1 N N N Reliance Strategic Investments Ltd 3358003O268Q1OGBQR42 Reliance Strategic Investments Ltd N/A 646447.00000000 NS 1799810.89000000 0.007698080933 Long EC CORP IN N 2 N N N Goldman Sachs Group Inc/The 784F5XWPLTWKTBV3E584 Goldman Sachs Group, Inc 38141G104 32817.00000000 NS USD 10618596.69000000 0.045417447560 Long EC CORP US N 1 N N N LPL Financial Holdings Inc 549300XROQ4Y8G2L7682 LPL Financial Holdings, Inc 50212V100 92.00000000 NS USD 21863.80000000 0.000093514992 Long EC CORP US N 1 N N N Hangzhou Robam Appliances Co Ltd N/A Hangzhou Robam Appliances Co Ltd N/A 13530.00000000 NS 50180.74000000 0.000214631103 Long EC CORP CN N 2 N N N N/A N/A Mizuho Bank Ltd 60710TBT7 2000000.00000000 PA USD 2000000.00000000 0.008554321985 Long STIV CORP US N 2 N N Medtronic PLC 549300GX3ZBSQWUXY261 Medtronic plc G5960L103 221978.00000000 NS USD 17394196.08000000 0.074397776974 Long EC CORP US N 1 N N N Blackstone Inc 5299004LW4QWGZUB8Y96 Blackstone, Inc 09260D107 14529.00000000 NS USD 1556637.06000000 0.006657987313 Long EC CORP US N 1 N N N Jiangsu Zhongtian Technology Co Ltd 3003006LG5TV3D5D3508 Jiangsu Zhongtian Technology Co Ltd N/A 47500.00000000 NS 96901.96000000 0.000414465283 Long EC CORP CN N 2 N N N NEPI Rockcastle NV 549300FMWM53K9ULYT15 NEPI Rockcastle NV N/A 111129.00000000 NS 611000.40000000 0.002613347077 Long EC CORP ZA N 2 N N N McCormick & Co Inc/MD 549300JQQA6MQ4OJP259 McCormick & Co, Inc 579780206 297.00000000 NS USD 22465.08000000 0.000096086763 Long EC CORP US N 1 N N N East Money Information Co Ltd 836800ZFB0ZEK3KKW487 East Money Information Co Ltd N/A 331006.00000000 NS 694466.32000000 0.002970344254 Long EC CORP CN N 2 N N N Taishin Financial Holding Co Ltd N/A Taishin Financial Holdings Co Ltd 645168907 907806.00000000 NS 503768.48000000 0.002154698892 Long EC CORP TW N 2 N N N Huafon Chemical Co Ltd 300300Z8ACP5RSQRBQ16 Huafon Chemical Co Ltd N/A 52800.00000000 NS 51134.14000000 0.000218708949 Long EC CORP CN N 2 N N N CP ALL PCL 894500LSBZLM09TY1A91 CP ALL plc B08YDF900 1267600.00000000 NS 2102168.66000000 0.008991313792 Long EC CORP TH N 2 N N N Eversource Energy SJ7XXD41SQU3ZNWUJ746 Eversource Energy 30040W108 413.00000000 NS USD 24015.95000000 0.000102720084 Long EC CORP US N 1 N N N Shengyi Technology Co Ltd N/A Shengyi Technology Co Ltd N/A 29600.00000000 NS 62357.72000000 0.000266714007 Long EC CORP CN N 2 N N N Macquarie Group Ltd ACMHD8HWFMFUIQQ8Y590 Macquarie Group Ltd B28YTC906 77029.00000000 NS 8248887.14000000 0.035281818309 Long EC CORP AU N 2 N N N Bank Mandiri Persero Tbk PT 549300RSKQN4Z5ZSGH94 PT Bank Mandiri Persero Tbk 665104907 3069794.00000000 NS 1194845.77000000 0.005110547719 Long EC CORP ID N 2 N N N iQIYI Inc 222100XL8T2Q5B8MS302 iQIYI, Inc (ADR) 46267X108 386012.00000000 NS USD 1829696.88000000 0.007825908123 Long EC CORP KY N 1 N N N Qatar Islamic Bank SAQ 254900CFGPXJI71OHT95 Qatar Islamic Bank SAQ N/A 133102.00000000 NS 678673.93000000 0.002902797660 Long EC CORP QA N 2 N N N ZTO Express Cayman Inc 549300SCJPK3YZJTJR78 ZTO Express Cayman, Inc (ADR) 98980A105 35346.00000000 NS USD 854312.82000000 0.003654033469 Long EC CORP KY N 1 N N N Samsung Securities Co Ltd 988400RBTJTHNUOHE716 Samsung Securities Co Ltd 640844908 4443.00000000 NS 120881.71000000 0.000517030534 Long EC CORP KR N 2 N N N Bank of Jiangsu Co Ltd 300300C1086832000046 Bank of Jiangsu Co Ltd N/A 69380.00000000 NS 68364.87000000 0.000292407555 Long EC CORP CN N 2 N N N Nomura Real Estate Master Fund Inc 353800TNNZOQ1CPZE086 Nomura Real Estate Master Fund, Inc N/A 836.00000000 NS 936323.26000000 0.004004805324 Long EC CORP JP N 2 N N N Eli Lilly & Co FRDRIPF3EKNDJ2CQJL29 Eli Lilly & Co 532457108 251794.00000000 NS USD 135246111.22000000 0.578469391339 Long EC CORP US N 1 N N N Skyworks Solutions Inc 549300WZ3ORQ2BVKBD96 Skyworks Solutions, Inc 83088M102 188.00000000 NS USD 18534.92000000 0.000079276836 Long EC CORP US N 1 N N N Osotspa PCL N/A Osotspa PCL N/A 272700.00000000 NS 186827.15000000 0.000799089798 Long EC CORP TH N 2 N N N DTE Energy Co 549300IX8SD6XXD71I78 DTE Energy Co 233331107 244.00000000 NS USD 24224.32000000 0.000103611316 Long EC CORP US N 1 N N N Pepco Group NV 213800OVMJPFP79OB449 Pepco Group NV N/A 31285.00000000 NS 144523.67000000 0.000618151003 Long EC CORP PL Y 2 N N N Bunge Ltd 5493007M0RIN8HY3MM77 Bunge Ltd G16962105 178.00000000 NS USD 19268.50000000 0.000082414476 Long EC CORP US N 1 N N N Mitsubishi HC Capital Inc 353800MZ3QX9RLMH7B09 Mitsubishi UFJ Lease & Finance Co Ltd 626897003 88400.00000000 NS 589015.92000000 0.002519315917 Long EC CORP JP N 2 N N N Largan Precision Co Ltd N/A Largan Precision Co Ltd 645166901 8604.00000000 NS 570001.75000000 0.002437989250 Long EC CORP TW N 2 N N N Koza Altin Isletmeleri AS 789000D7X9KM1ZIJX609 Koza Altin Isletmeleri AS N/A 193593.00000000 NS 202802.13000000 0.000867417359 Long EC CORP TR N 2 N N N Yantai Jereh Oilfield Services Group Co Ltd 300300QPHWK638H2EU20 Yantai Jereh Oilfield Services Group Co Ltd N/A 50000.00000000 NS 217711.50000000 0.000931187135 Long EC CORP CN N 2 N N N N/A N/A The Canadian Imperial Bank of Commerce 13606KUP9 750000.00000000 PA USD 750000.00000000 0.003207870744 Long STIV CORP US N 2 N N Tata Consumer Products Ltd 335800LOXFWU8ZQJMD12 Tata Consumer Products Ltd 612148908 119033.00000000 NS 1254599.25000000 0.005366122973 Long EC CORP IN N 2 N N N PTC Inc 54930050SSMU8SKDJ030 PTC, Inc 69370C100 133.00000000 NS USD 18843.44000000 0.000080596426 Long EC CORP US N 1 N N N Inventec Corp 391200XSJU5WEVAXB086 Inventec Co Ltd 645993908 215000.00000000 NS 327783.88000000 0.001401984425 Long EC CORP TW N 2 N N N C&D International Investment Group Ltd N/A C&D International Investment Group Ltd N/A 176000.00000000 NS 426558.74000000 0.001824460403 Long EC CORP HK N 2 N N N Nahdi Medical Co N/A Nahdi Medical Co N/A 8661.00000000 NS 333112.25000000 0.001424774721 Long EC CORP SA N 2 N N N Atlassian Corp Ltd 549300AGBII4MWBVJY22 Atlassian Corp Ltd 049468101 180.00000000 NS USD 36271.80000000 0.000155140328 Long EC CORP US N 1 N N N Beijing-Shanghai High Speed Railway Co Ltd N/A Beijing-Shanghai High Speed Railway Co Ltd N/A 184200.00000000 NS 129700.58000000 0.000554750261 Long EC CORP CN N 2 N N N Beiersdorf AG L47NHHI0Z9X22DV46U41 Beiersdorf AG. 510740905 305385.00000000 NS 39391315.24000000 0.168482997000 Long EC CORP DE N 2 N N N Equity LifeStyle Properties Inc 529900PEQG66LENB6798 Equity Lifestyle Properties, Inc 29472R108 153073.00000000 NS USD 9752280.83000000 0.041712075157 Long EC CORP US N 1 N N N Simon Property Group Inc 529900GQL5X8H7AO3T64 Simon Property Group, Inc 828806109 120128.00000000 NS USD 12977427.84000000 0.055506548144 Long EC CORP US N 1 N N N HCL Technologies Ltd 549300C1F8OLYSOQYB65 HCL Technologies Ltd 629489907 78052.00000000 NS 1156841.59000000 0.004947997723 Long EC CORP IN N 2 N N N Hoyuan Green Energy Co Ltd N/A Hoyuan Green Energy Co Ltd N/A 6036.00000000 NS 34643.48000000 0.000148175741 Long EC CORP CN N 2 N N N KT&G Corp 988400ZJV6ISYBLQX875 KT&G Corp 617507900 22761.00000000 NS 1453567.35000000 0.006217141569 Long EC CORP KR N 2 N N N Sungrow Power Supply Co Ltd 30030052IWC7RGVFG505 Sungrow Power Supply Co Ltd N/A 18500.00000000 NS 226769.04000000 0.000969927692 Long EC CORP CN N 2 N N N Meihua Holdings Group Co Ltd 300300T0DPJPWDP2WE30 Meihua Holdings Group Co Ltd N/A 46500.00000000 NS 61421.16000000 0.000262708189 Long EC CORP CN N 2 N N N Henderson Land Development Co Ltd 529900SYQB7IVR9QGN76 Henderson Land Development Co Ltd 642053003 304000.00000000 NS 798290.39000000 0.003414416517 Long EC CORP HK N 2 N N N NMC Health PLC 2138008YQEVWBE1V2M52 NMC Health plc N/A 5358.00000000 NS 0.01000000 0.000000000042 Long EC CORP GB N 3 N N N Atlas Energy Solutions Inc N/A Atlas Energy Solutions, Inc 04930R107 76663.00000000 NS USD 1704218.49000000 0.007289216848 Long EC CORP US N 1 N N Siemens AG W38RGI023J3WT1HWRP32 Siemens AG. D69671218 622110.00000000 NS 88904889.99000000 0.380260527535 Long EC CORP DE N 2 N N N Canadian National Railway Co 3SU7BEP7TH9YEQOZCS77 Canadian National Railway Co 136375102 405807.00000000 NS 43946366.01000000 0.187965682473 Long EC CORP CA N 1 N N N Darden Restaurants Inc CY1NFSCCB5GUXC7WZC70 Darden Restaurants, Inc 237194105 12733.00000000 NS USD 1823620.26000000 0.007799917441 Long EC CORP US N 1 N N N Globalwafers Co Ltd 529900V6RTNF3U5EGX67 Globalwafers Co Ltd N/A 17000.00000000 NS 239680.06000000 0.001025150203 Long EC CORP TW N 2 N N N Ayala Land Inc 254900EWT10TQ6DKTV34 Ayala Land, Inc 605511906 1475370.00000000 NS 766634.81000000 0.003279020505 Long EC CORP PH N 2 N N N Bosideng International Holdings Ltd 254900G7F1RDM4B3S169 Bosideng International Holdings Ltd N/A 868000.00000000 NS 372614.13000000 0.001593730622 Long EC CORP HK N 2 N N N Huadian Power International Corp Ltd 529900207FCOKWBDRE79 Huadian Power International Corp Ltd (Class A) N/A 41700.00000000 NS 29402.18000000 0.000125757857 Long EC CORP CN N 2 N N N SHIFT Inc 353800HJXMOPLJ7BO262 SHIFT, Inc N/A 264198.00000000 NS 48045175.47000000 0.205496950413 Long EC CORP JP N 2 N N N MGM Resorts International 54930066VBP7DZEGGJ87 MGM Resorts International 552953101 345.00000000 NS USD 12682.20000000 0.000054243811 Long EC CORP US N 1 N N N Henan Shuanghui Investment & Development Co Ltd N/A Henan Shuanghui Investment & Development Co Ltd N/A 51700.00000000 NS 187150.88000000 0.000800474443 Long EC CORP CN N 2 N N N CREDIT LYONNAIS SECURITIES (USA) INC. N/A Calyon 996JWK006 5000000.00000000 PA USD 5000000.00000000 0.021385804964 Long RA CORP US N 2 Repurchase Y 5.29000000 2023-10-02 5000000.00000000 USD 5100047.16000000 USD UST N N Chow Tai Fook Jewellery Group Ltd 254900VXRL7SRSF44G79 Chow Tai Fook Jewellery Group Ltd N/A 455600.00000000 NS 684037.24000000 0.002925737400 Long EC CORP HK N 2 N N N Inner Mongolia BaoTou Steel Union Co Ltd 3003005DKNZILXCEDH07 Inner Mongolia BaoTou Steel Union Co Ltd N/A 583800.00000000 NS 137812.94000000 0.000589448131 Long EC CORP CN N 2 N N N Antero Resources Corp APVBKPOULHUX7YZLKU17 Antero Resources Corp 03674X106 2369538.00000000 NS USD 60138874.44000000 0.257223647906 Long EC CORP US N 1 N N N MISC Bhd 9845002055U77FF6B972 MISC Bhd N/A 395600.00000000 NS 595992.87000000 0.002549157455 Long EC CORP MY N 2 N N N ServiceNow Inc 549300HJTQM36M0E1G39 ServiceNow, Inc 81762P102 134223.00000000 NS USD 75025288.08000000 0.320895235650 Long EC CORP US N 1 N N N Engie Brasil Energia SA 52990057Q0EK2Q9YBC07 Engie Brasil Energia S.A. N/A 39650.00000000 NS 326804.57000000 0.001397795759 Long EC CORP BR N 1 N N N Robert Half Inc 529900VPCUY9H3HLIC08 Robert Half International, Inc 770323103 128.00000000 NS USD 9379.84000000 0.000040119085 Long EC CORP US N 1 N N N Qatar International Islamic Bank QSC 2549007SZGKT5N5ND952 Qatar International Islamic Bank QSC N/A 72345.00000000 NS 190800.00000000 0.000816082317 Long EC CORP QA N 2 N N N Fox Corp 549300DDU6FDRBIELS05 Fox Corp (Class B) 35137L204 167.00000000 NS USD 4822.96000000 0.000020628576 Long EC CORP US N 1 N N N Zhejiang Dahua Technology Co Ltd N/A Zhejiang Dahua Technology Co Ltd N/A 51900.00000000 NS 158628.55000000 0.000678479846 Long EC CORP CN N 2 N N N Bank Polska Kasa Opieki SA 5493000LKS7B3UTF7H35 Bank Pekao S.A. 547311902 47845.00000000 NS 1100229.54000000 0.004705858871 Long EC CORP PL N 2 N N N ASR Microelectronics Co Ltd N/A ASR Microelectronics Co Ltd N/A 5263.00000000 NS 45470.16000000 0.000194483194 Long EC CORP CN N 2 N N N Federal Home Loan Bank Discount Notes 2549001DPIFGXC1TOL40 Federal Home Loan Bank (FHLB) 313384MX4 75000000.00000000 PA USD 74882613.75000000 0.320284994571 Long STIV USGSE US N 2 N N N CarMax Inc N/A Carmax, Inc 143130102 187.00000000 NS USD 13226.51000000 0.000056571912 Long EC CORP US N 1 N N N Mebuki Financial Group Inc 353800K1RXV3E3JAE812 Mebuki Financial Group, Inc N/A 203700.00000000 NS 563128.85000000 0.002408592751 Long EC CORP JP N 2 N N N Hyundai Motor Co 9884004RQX8PRBXQ8S60 Hyundai Motor Co 645105909 29773.00000000 NS 4210019.66000000 0.018006931868 Long EC CORP KR N 2 N N N OSRAM Licht AG 549300SXOGQHLID37W55 OSRAM Licht AG. N/A 1014.00000000 NS 53066.55000000 0.000226974177 Long EC CORP DE N 2 N N N Keywords Studios PLC 2138007VR9ZYCWS7VE12 Keywords Studios plc N/A 428877.00000000 NS 8063588.79000000 0.034489267434 Long EC CORP GB N 2 N N N Anhui Conch Cement Co Ltd 300300JVKW56SSAEQZ33 Anhui Conch Cement Co Ltd 608039905 108500.00000000 NS 287053.94000000 0.001227775915 Long EC CORP HK N 2 N N N Assa Abloy AB 549300YECS8HKCIMMB67 Assa Abloy AB W0817X204 1087959.00000000 NS 23639790.60000000 0.101111190232 Long EC CORP SE N 2 N N N Aon PLC 635400FALWQYX5E6QC64 Aon plc G0403H108 42082.00000000 NS USD 13643826.04000000 0.058356840531 Long EC CORP US N 1 N N N Raymond James Financial Inc RGUZHJ05YTITL6D76949 Raymond James Financial, Inc 754730109 238.00000000 NS USD 23902.34000000 0.000102234156 Long EC CORP US N 1 N N N Boeing Co/The RVHJWBXLJ1RFUBSY1F30 Boeing Co 097023105 417860.00000000 NS USD 80095404.80000000 0.342580941114 Long EC CORP US N 1 N N N ResMed Inc 529900T3QE5253CCXF22 Resmed, Inc 761152107 174.00000000 NS USD 25729.38000000 0.000110048700 Long EC CORP US N 1 N N N Lamb Weston Holdings Inc 5493005SMYID1D2OY946 Lamb Weston Holdings, Inc 513272104 173.00000000 NS USD 15995.58000000 0.000068415670 Long EC CORP US N 1 N N N Digital Realty Trust Inc 549300HKCZ31D08NEI41 Digital Realty Trust, Inc 253868103 41970.00000000 NS USD 5079209.40000000 0.021724596320 Long EC CORP US N 1 N N N Banco Bradesco SA 549300CTUU1RFXHQJE44 Banco Bradesco S.A. (Preference) B00FM5901 15629918.00000000 NS 44465453.92000000 0.190185905034 Long EC CORP BR N 1 N N N 3M Co LUZQVYP4VS22CLWDAR65 3M Co 88579Y101 20101.00000000 NS USD 1881855.62000000 0.008048999451 Long EC CORP US N 1 N N N China Resources Microelectronics Ltd N/A China Resources Microelectronics Ltd N/A 18087.00000000 NS 134350.11000000 0.000574637049 Long EC CORP CN N 2 N N N Royal Bank of Canada ES7IP3U3RHIGC71XBU11 Royal Bank of Canada 780087102 312514.00000000 NS 27311181.15000000 0.116814318682 Long EC CORP CA N 1 N N N Fomento Economico Mexicano SAB de CV 549300A8MDWDJNMLV153 Fomento Economico Mexicano S.A. de C.V. 224205906 423500.00000000 NS 4625147.32000000 0.019782499703 Long EC CORP MX N 1 N N N Reckitt Benckiser Group PLC 5493003JFSMOJG48V108 Reckitt Benckiser Group plc G74079107 143199.00000000 NS 10098498.73000000 0.043192904853 Long EC CORP GB N 2 N N N Entegris Inc IYX6OWO7BT5DKO3BYG52 Entegris, Inc 29362U104 177.00000000 NS USD 16622.07000000 0.000071095269 Long EC CORP US N 1 N N N Paion AG 529900CGHB9UWY40BU45 Paion AG. D59754164 71191.00000000 NS 328539.11000000 0.001405214665 Long EC CORP DE N 2 N N N Verizon Communications Inc 2S72QS2UO2OESLG6Y829 Verizon Communications, Inc 92343V104 817042.00000000 NS USD 26480331.22000000 0.113260639770 Long EC CORP US N 1 N N N Parade Technologies Ltd 529900D9FDQHQKAQLY02 Parade Technologies Ltd N/A 6000.00000000 NS 183647.77000000 0.000785491078 Long EC CORP TW N 2 N N N Taiwan Semiconductor Manufacturing Co Ltd 549300KB6NK5SBD14S87 Taiwan Semiconductor Manufacturing Co Ltd 688910900 16763100.00000000 NS 273343012.14000000 1.169132069183 Long EC CORP TW N 2 N N N Lightspeed Commerce Inc 254900T8MDWRTGMFZ257 Lightspeed Commerce, Inc 53229C107 724647.00000000 NS 10179469.73000000 0.043539230856 Long EC CORP CA N 1 N N Samsung Electro-Mechanics Co Ltd N/A Samsung Electro-Mechanics Co Ltd 677168908 4540.00000000 NS 461328.90000000 0.001973177975 Long EC CORP KR N 2 N N N Asahi Kasei Corp 353800GPI4Z3MGDGN142 Asahi Kasei Corp 605460005 210079.00000000 NS 1322335.60000000 0.005655842247 Long EC CORP JP N 2 N N N Prudential PLC 5493001Z3ZE83NGK8Y12 Prudential plc G72899100 595733.00000000 NS 6403729.43000000 0.027389781726 Long EC CORP GB N 2 N N N Suzhou TFC Optical Communication Co Ltd N/A Suzhou TFC Optical Communication Co Ltd N/A 6600.00000000 NS 86203.58000000 0.000368706589 Long EC CORP CN N 2 N N N Hota Industrial Manufacturing Co Ltd N/A Hota Industrial Manufacturing Co Ltd N/A 1934278.00000000 NS 3835097.52000000 0.016403329516 Long EC CORP TW N 2 N N N Disco Corp N/A Disco Corp 627094006 73000.00000000 NS 13487195.44000000 0.057686906238 Long EC CORP JP N 2 N N N Mytilineos SA 213800KT8MEUJEJ2KW41 Mytilineos Holdings S.A. 589866904 23185.00000000 NS 853387.43000000 0.003650075427 Long EC CORP GR N 2 N N N Costco Wholesale Corp 29DX7H14B9S6O3FD6V18 Costco Wholesale Corp 22160K105 386254.00000000 NS USD 218218059.84000000 0.933353773475 Long EC CORP US N 1 N N N Zheshang Securities Co Ltd 300300E1009033000054 Zheshang Securities Co Ltd N/A 18500.00000000 NS 25604.14000000 0.000109513028 Long EC CORP CN N 2 N N N Yunnan Energy New Material Co Ltd N/A Yunnan Energy New Material Co Ltd N/A 10100.00000000 NS 83189.70000000 0.000355815739 Long EC CORP CN N 2 N N N Kinross Gold Corp 549300UEBMAQDN0K0R06 Kinross Gold Corp 496902404 735871.00000000 NS 3353610.52000000 0.014343932101 Long EC CORP CA N 1 N N N Anglo American Platinum Ltd 529900RORCZ0E5S5FX81 Anglo American Platinum Ltd 676100902 13055.00000000 NS 487256.77000000 0.002084075650 Long EC CORP ZA N 2 N N N Bupa Arabia for Cooperative Insurance Co 558600B2WJHD5P31XS68 Bupa Arabia for Cooperative Insurance Co N/A 16043.00000000 NS 889744.96000000 0.003805582436 Long EC CORP SA N 2 N N N Ayala Corp 254900QJ68UH8GKNGI69 Ayala Corp B09JBT904 19700.00000000 NS 216830.73000000 0.000927419940 Long EC CORP PH N 2 N N N Hunan Valin Steel Co Ltd 3003007J7HWD6GTNJ656 Hunan Valin Steel Co Ltd N/A 115000.00000000 NS 94364.62000000 0.000403612671 Long EC CORP CN N 2 N N N Arrow Electronics Inc 549300YNNLBXT8N8R512 Arrow Electronics, Inc 042735100 68.00000000 NS USD 8516.32000000 0.000036425671 Long EC CORP US N 1 N N N Boubyan Bank KSCP 254900D1UAYOAUPGL280 Boubyan Bank KSCP N/A 107370.00000000 NS 209803.36000000 0.000897362747 Long EC CORP KW N 2 N N N CNGR Advanced Material Co Ltd 213800FP1O8DBRF5AI17 CNGR Advanced Material Co Ltd N/A 4800.00000000 NS 33374.75000000 0.000142749178 Long EC CORP CN N 2 N N N Beijing E-Hualu Information Technology Co Ltd 300300ZPI2AW55HP7I19 Beijing E-Hualu Information Technology Co Ltd N/A 12700.00000000 NS 60241.63000000 0.000257663149 Long EC CORP CN N 2 N N N FAW Jiefang Group Co Ltd N/A FAW Jiefang Group Co Ltd N/A 36600.00000000 NS 43619.99000000 0.000186569719 Long EC CORP CN N 2 N N N China Cinda Asset Management Co Ltd 3003008W60YAHL9CQE51 China Cinda Asset Management Co Ltd N/A 854000.00000000 NS 85792.05000000 0.000366946409 Long EC CORP HK N 2 N N N Edwards Lifesciences Corp YA13X31F3V31L8TMPR58 Edwards Lifesciences Corp 28176E108 273342.00000000 NS USD 18937133.76000000 0.080997169833 Long EC CORP US N 1 N N N FleetCor Technologies Inc 549300DG6RR0NQSFLN74 FleetCor Technologies, Inc 339041105 83.00000000 NS USD 21193.22000000 0.000090646813 Long EC CORP US N 1 N N N RS GROUP PLC 549300KVXDURRKVW7R37 Electrocomponents plc 030964001 1927917.00000000 NS 17218571.91000000 0.073646604125 Long EC CORP GB N 2 N N N Jiangsu Pacific Quartz Co Ltd N/A Jiangsu Pacific Quartz Co Ltd N/A 4800.00000000 NS 70228.99000000 0.000300380696 Long EC CORP CN N 2 N N N ASML Holding NV 724500Y6DUVHQD6OXN27 ASML Holding NV N07059202 197166.00000000 NS 116081483.23000000 0.496499192059 Long EC CORP NL N 2 N N N Airbnb Inc 549300HMUDNO0RY56D37 Airbnb, Inc 009066101 488.00000000 NS USD 66958.48000000 0.000286392198 Long EC CORP US N 1 N N N Bumrungrad Hospital PCL N/A Bumrungrad Hospital PCL B0166H902 48000.00000000 NS 352432.16000000 0.001507409087 Long EC CORP TH N 2 N N N Williams Cos Inc/The D71FAKCBLFS2O0RBPG08 Williams Cos, Inc 969457100 1442.00000000 NS USD 48580.98000000 0.000207788672 Long EC CORP US N 1 N N N Targa Resources Corp 5493003QENHHS261UR94 Targa Resources Corp 87612G101 254.00000000 NS USD 21772.88000000 0.000093126113 Long EC CORP US N 1 N N N PulteGroup Inc N/A Pulte Homes, Inc 745867101 264.00000000 NS USD 19549.20000000 0.000083615075 Long EC CORP US N 1 N N N Korea Zinc Co Ltd 988400D0HSQUB1I1VO41 Korea Zinc Co Ltd 649542909 1696.00000000 NS 635291.27000000 0.002717243039 Long EC CORP KR N 2 N N N Gulf Bank KSCP 254900600P224MZQZD69 Gulf Bank KSCP N/A 145866.00000000 NS 123983.50000000 0.000530297389 Long EC CORP KW N 2 N N N AviChina Industry & Technology Co Ltd 5299003TVA3JVDKJGF39 AviChina Industry & Technology Co Ltd N/A 88000.00000000 NS 41669.66000000 0.000178227844 Long EC CORP HK N 2 N N N Hanwha Ocean Co Ltd N/A Daewoo Shipbuilding & Marine Engineering Co Ltd 621173905 3699.00000000 NS 84407.93000000 0.000361026305 Long EC CORP KR N 2 N N N IDFC First Bank Ltd 335800SBNAPYVT1D2K13 IDFC First Bank Ltd N/A 721935.00000000 NS 826821.93000000 0.003536450506 Long EC CORP IN N 2 N N N Kingnet Network Co Ltd N/A Kingnet Network Co Ltd N/A 35900.00000000 NS 61930.03000000 0.000264884708 Long EC CORP CN N 2 N N N MonotaRO Co Ltd N/A MonotaRO Co Ltd N/A 901800.00000000 NS 9614260.47000000 0.041121739857 Long EC CORP JP N 2 N N N Yadea Group Holdings Ltd N/A Yadea Group Holdings Ltd N/A 264000.00000000 NS 488871.72000000 0.002090983051 Long EC CORP HK Y 2 N N N Intouch Holdings PCL 529900UDPDZWDBCCDO79 Intouch Holdings PCL (Class F) N/A 216300.00000000 NS 436968.41000000 0.001868984238 Long EC CORP TH N 2 N N N Keysight Technologies Inc 549300GLKVIO8YRCYN02 Keysight Technologies, Inc 49338L103 211.00000000 NS USD 27917.41000000 0.000119407257 Long EC CORP US N 1 N N N Jason Furniture Hangzhou Co Ltd N/A Jason Furniture Hangzhou Co Ltd N/A 8310.00000000 NS 46289.40000000 0.000197987216 Long EC CORP CN N 2 N N N Jeronimo Martins SGPS SA 259400A8SZP10GB5IB19 Jeronimo Martins SGPS S.A. X40338109 750164.00000000 NS 16847341.49000000 0.072058791853 Long EC CORP PT N 2 N N N Banque Saudi Fransi 558600N07EDF4ATYR106 Banque Saudi Fransi N/A 47436.00000000 NS 461922.76000000 0.001975718010 Long EC CORP SA N 2 N N N Eurobank Ergasias Services and Holdings SA JEUVK5RWVJEN8W0C9M24 Eurobank Ergasias Services and Holdings S.A. N/A 195334.00000000 NS 300443.66000000 0.001285045903 Long EC CORP GR N 2 N N N Absa Group Ltd 2138006IPPRD4N6XLT30 Absa Group Ltd N/A 68795.00000000 NS 634000.15000000 0.002711720711 Long EC CORP ZA N 2 N N N Acer Inc 2549006Z3IVAZIQEUM25 Acer, Inc 600585905 236000.00000000 NS 265919.65000000 0.001137381154 Long EC CORP TW N 2 N N N Apollo Hospitals Enterprise Ltd 3358005YT7JQCWYLTG43 Apollo Hospitals Enterprise Ltd N/A 23960.00000000 NS 1479494.71000000 0.006328037062 Long EC CORP IN N 2 N N N Ferguson PLC 213800DU1LGY3R2S2X42 Ferguson plc G3421J106 242.00000000 NS USD 39801.74000000 0.000170238449 Long EC CORP US N 1 N N N Cie Generale des Etablissements Michelin SCA 549300SOSI58J6VIW052 Cie Generale des Etablissements Michelin S.C.A N/A 433745.00000000 NS 13275615.35000000 0.056781944130 Long EC CORP FR N 2 N N N Sumitomo Mitsui Financial Group Inc 35380028MYWPB6AUO129 Sumitomo Mitsui Financial Group, Inc J7771X109 1698501.00000000 NS 83440614.67000000 0.356888942282 Long EC CORP JP N 2 N N N Jindal Steel & Power Ltd 335800UIKQBF6QO2NP15 Jindal Steel & Power Ltd 672681905 77921.00000000 NS 655286.71000000 0.002802766755 Long EC CORP IN N 2 N N N Veeva Systems Inc 549300YZEXPDB92M2F02 Veeva Systems, Inc 922475108 24388.00000000 NS USD 4961738.60000000 0.021222154796 Long EC CORP US N 1 N N N Jiangsu Eastern Shenghong Co Ltd 3003003WRWKC1GZHMH20 Jiangsu Eastern Shenghong Co Ltd N/A 73400.00000000 NS 116462.87000000 0.000498130444 Long EC CORP CN N 2 N N N Shanxi Xinghuacun Fen Wine Factory Co Ltd N/A Shanxi Xinghuacun Fen Wine Factory Co Ltd N/A 16080.00000000 NS 530696.65000000 0.002269875010 Long EC CORP CN N 2 N N N Air Products and Chemicals Inc 7QEON6Y1RL5XR3R1W237 Air Products & Chemicals, Inc 009158106 3883.00000000 NS USD 1100442.20000000 0.004706768452 Long EC CORP US N 1 N N N Flutter Entertainment PLC 635400EG4YIJLJMZJ782 Flutter Entertainment plc N/A 166071.00000000 NS 27020797.14000000 0.115572299521 Long EC CORP GB N 2 N N N TVS Motor Co Ltd 335800URVL13UQEWM152 TVS Motor Co Ltd N/A 49694.00000000 NS 908060.22000000 0.003883919752 Long EC CORP IN N 2 N N N RTX Corp I07WOS4YJ0N7YRFE7309 RTX Corp 75513E101 703322.00000000 NS USD 50618084.34000000 0.216501695869 Long EC CORP US N 1 N N N Bharti Airtel Ltd 335800KQ1FPKOQ84OR26 Bharti Airtel Ltd N/A 490150.00000000 NS 5458468.63000000 0.023346749104 Long EC CORP IN N 2 N N N Haier Smart Home Co Ltd 3003002BYTNGNJTWSH07 Haier Smart Home Co Ltd N/A 544800.00000000 NS 1702807.80000000 0.007283183100 Long EC CORP HK N 2 N N N Gecina SA 9695003E4MMA10IBTR26 Gecina S.A. 774246904 8166.00000000 NS 832589.36000000 0.003561118733 Long EC CORP FR N 2 N N N Wesfarmers Ltd 5493003L32ZX9557ST85 Wesfarmers Ltd Q95870103 87408.00000000 NS 2958233.35000000 0.012652840292 Long EC CORP AU N 2 N N N Zangge Mining Co Ltd N/A Zangge Mining Co Ltd N/A 22800.00000000 NS 71472.11000000 0.000305697720 Long EC CORP CN N 2 N N N Cooper Cos Inc/The QJKMVPIGLH7530PCUE20 Cooper Cos, Inc 216648402 5059.00000000 NS USD 1608812.59000000 0.006881150454 Long EC CORP US N 1 N N N Yang Ming Marine Transport Corp 254900WG2ACWNVSP6E13 Yang Ming Marine Transport 698758901 126000.00000000 NS 177537.72000000 0.000759357410 Long EC CORP TW N 2 N N N N/A N/A NATixis 63873QG32 2000000.00000000 PA USD 2000000.00000000 0.008554321985 Long STIV CORP US N 2 N N Welltower Inc T6IZ0MBEG5ACZDTR7D06 Welltower, Inc 95040Q104 73627.00000000 NS USD 6031523.84000000 0.025797798495 Long EC CORP US N 1 N N N Catcher Technology Co Ltd 5299006PRSCU66N5JF55 Catcher Technology Co Ltd 618666903 48189.00000000 NS 272720.94000000 0.001166471366 Long EC CORP TW N 2 N N N Itausa SA N/A Itausa S.A. N/A 5251.00000000 NS 9454.11000000 0.000040436750 Long EC CORP BR N 2 N N N Enphase Energy Inc 5493008U7KIGMI59Z314 Enphase Energy, Inc 29355A107 162.00000000 NS USD 19464.30000000 0.000083251944 Long EC CORP US N 1 N N N iClick Interactive Asia Group Ltd 549300RFP0MGSGB4CS86 iClick Interactive Asia Group Ltd (ADR) 45113Y203 25131.00000000 NS USD 48754.14000000 0.000208529305 Long EC CORP KY N 1 N N N Norfolk Southern Corp 54930036C8MWP850MI84 Norfolk Southern Corp 655844108 270.00000000 NS USD 53171.10000000 0.000227421354 Long EC CORP US N 1 N N N Bank of Baroda 549300CQ6M9Q0TJEZR23 Bank of Baroda N/A 87407.00000000 NS 224435.98000000 0.000959948819 Long EC CORP IN N 2 N N N Carabao Group PCL N/A Carabao Group PCL N/A 29400.00000000 NS 66044.72000000 0.000282483900 Long EC CORP TH N 2 N N N Textron Inc 3PPKBHUG1HD6BO7RNR87 Textron, Inc 883203101 239.00000000 NS USD 18675.46000000 0.000079877949 Long EC CORP US N 1 N N N Mobile Telecommunications Co Saudi Arabia 254900XHCET9KD2D4R78 Mobile Telecommunications Co Saudi Arabia N/A 98025.00000000 NS 343961.12000000 0.001471177085 Long EC CORP SA N 2 N N N China Mengniu Dairy Co Ltd 2549005Q343BSJ8RSS21 China Mengniu Dairy Co Ltd B01B1L907 699000.00000000 NS 2331545.59000000 0.009972395850 Long EC CORP HK N 2 N N N Mabanee Co SAK N/A Mabanee Co SAK N/A 148555.00000000 NS 396138.51000000 0.001694348182 Long EC CORP KW N 2 N N N Advanced Micro-Fabrication Equipment Inc China N/A Advanced Micro-Fabrication Equipment, Inc China N/A 8252.00000000 NS 170761.71000000 0.000730375325 Long EC CORP CN N 2 N N N Klabin SA N/A Klabin S.A. N/A 161000.00000000 NS 762632.42000000 0.003261901638 Long EC CORP BR N 1 N N N Moody's Corp 549300GCEDD8YCF5WU84 Moody's Corp 615369105 196.00000000 NS USD 61969.32000000 0.000265052758 Long EC CORP US N 1 N N N Cummins Inc ZUNI8PYC725B6H8JU438 Cummins, Inc 231021106 13133.00000000 NS USD 3000365.18000000 0.012833044912 Long EC CORP US N 1 N N N TBEA Co Ltd 300300NIEBMOQ4DNLE36 TBEA Co Ltd N/A 75660.00000000 NS 154102.95000000 0.000659123126 Long EC CORP CN N 2 N N N Ecovacs Robotics Co Ltd 836800LJ92X4OLLS2612 Ecovacs Robotics Co Ltd N/A 5000.00000000 NS 33375.39000000 0.000142751916 Long EC CORP CN N 2 N N N Shandong Gold Mining Co Ltd 300300KC2K8BC07OSV77 Shandong Gold Mining Co Ltd - H N/A 179500.00000000 NS 337725.69000000 0.001444507147 Long EC CORP HK Y 2 N N N WEG SA 254900NKQV127YFRO022 WEG S.A. N/A 358820.00000000 NS 2589131.99000000 0.011074134352 Long EC CORP BR N 1 N N N Eastman Chemical Co FDPVHDGJ1IQZFK9KH630 Eastman Chemical Co 277432100 141.00000000 NS USD 10817.52000000 0.000046268274 Long EC CORP US N 1 N N N Metallurgical Corp of China Ltd 3003002HS6H57JTIFW38 Metallurgical Corp of China Ltd N/A 85700.00000000 NS 43184.44000000 0.000184706802 Long EC CORP CN N 2 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 Home Depot, Inc 437076102 555575.00000000 NS USD 167872542.00000000 0.718017888406 Long EC CORP US N 1 N N N West Pharmaceutical Services Inc 5493007NKRGM1RJQ1P16 West Pharmaceutical Services, Inc 955306105 9990.00000000 NS USD 3748347.90000000 0.016032287425 Long EC CORP US N 1 N N N SK Hynix Inc 988400XAIK6XISWQV045 Hynix Semiconductor, Inc 645026907 162384.00000000 NS 13748184.22000000 0.058803197267 Long EC CORP KR N 2 N N N Reliance Steel & Aluminum Co 549300E287ZOFT3C5Z56 Reliance Steel & Aluminum Co 759509102 3172.00000000 NS USD 831793.56000000 0.003557714968 Long EC CORP US N 1 N N N Marathon Petroleum Corp 3BNYRYQHD39K4LCKQF12 Marathon Petroleum Corp 56585A102 236164.00000000 NS USD 35741059.76000000 0.152870266647 Long EC CORP US N 1 N N N Wipro Ltd 335800IFS1IJHESG8362 Wipro Ltd 620605907 107093.00000000 NS 521538.05000000 0.002230702203 Long EC CORP IN N 2 N N N Torrent Pharmaceuticals Ltd 335800NA6HK275RIJE13 Torrent Pharmaceuticals Ltd N/A 22397.00000000 NS 519687.52000000 0.002222787188 Long EC CORP IN N 2 N N N Varun Beverages Ltd 33580058NWEMWBDNMD48 Varun Beverages Ltd N/A 98647.00000000 NS 1119974.30000000 0.004790310388 Long EC CORP IN N 2 N N N Knight-Swift Transportation Holdings Inc N/A Knight-Swift Transportation Holdings, Inc 499049104 191.00000000 NS USD 9578.65000000 0.000040969428 Long EC CORP US N 1 N N N Shanghai RAAS Blood Products Co Ltd N/A Shanghai RAAS Blood Products Co Ltd N/A 271200.00000000 NS 259130.09000000 0.001108341113 Long EC CORP CN N 2 N N N Aspentech Corp 529900B0MZWTVFG7CB96 Aspentech Corp 29109X106 35.00000000 NS USD 7149.10000000 0.000030577851 Long EC CORP US N 1 N N N Wintime Energy Group Co Ltd 300300W8M7JY3INMAS32 Wintime Energy Group Co Ltd N/A 442700.00000000 NS 84388.69000000 0.000360944013 Long EC CORP CN N 2 N N N Grasim Industries Ltd 335800WLY7FOIT3ERV21 Grasim Industries Ltd N/A 55740.00000000 NS 1300495.90000000 0.005562430334 Long EC CORP IN N 2 N N N Ningbo Tuopu Group Co Ltd N/A Ningbo Tuopu Group Co Ltd N/A 12300.00000000 NS 125681.97000000 0.000537562019 Long EC CORP CN N 2 N N N Discovery Ltd 378900245A26169C8132 Discovery Ltd N/A 112811.00000000 NS 817226.21000000 0.003495408067 Long EC CORP ZA N 2 N N N Oversea-Chinese Banking Corp Ltd 5493007O3QFXCPOGWK22 Oversea-Chinese Banking Corp B0F9V2906 725861.00000000 NS 6788287.65000000 0.029034599144 Long EC CORP SG N 2 N N N Yintai Gold Co Ltd 655600QGA2EHH1HUDW82 Yintai Gold Co Ltd N/A 36820.00000000 NS 71488.50000000 0.000305767823 Long EC CORP CN N 2 N N N Axiata Group Bhd 254900DM0V7OCPDUUC55 Axiata Group Bhd N/A 197043.00000000 NS 104434.70000000 0.000446684025 Long EC CORP MY N 2 N N N Yunda Holding Co Ltd 300300HU5TWO2S5DH054 Yunda Holding Co Ltd N/A 17180.00000000 NS 23256.51000000 0.000099471837 Long EC CORP CN N 2 N N N CosmoAM&T Co Ltd N/A CosmoAM&T Co Ltd N/A 264.00000000 NC 5702.39000000 0.000024390040 Long EC CORP KR N 2 N N N N/A N/A ING US Funding LLC 44988GDK1 2000000.00000000 PA USD 1999889.19000000 0.008553848033 Long STIV CORP US N 2 N N Sociedad Quimica y Minera de Chile SA TJ88LXZZW5PWIN93ZC81 Sociedad Quimica y Minera de Chile S.A. (Class B) 271830903 30849.00000000 NS 1832244.13000000 0.007836803122 Long EC CORP CL N 1 N N N Liberty Media Corp-Liberty SiriusXM N/A Liberty Media Corp-Liberty SiriusXM 531229789 194.00000000 NS USD 4939.24000000 0.000021125924 Long EC CORP US N 1 N N N Gold Fields Ltd 5299003KXIBJQYCBBD72 Gold Fields Ltd 628021909 191117.00000000 NS 2071478.11000000 0.008860045369 Long EC CORP ZA N 2 N N N CG Power & Industrial Solutions Ltd 335800KN5UTZKUZN2703 CG Power & Industrial Solutions Ltd N/A 48140.00000000 NS 255854.61000000 0.001094331357 Long EC CORP IN N 2 N N N Fukuoka Financial Group Inc N/A Fukuoka Financial Group, Inc B1TK1Y907 37800.00000000 NS 904426.81000000 0.003868379072 Long EC CORP JP N 2 N N N American Homes 4 Rent 549300ZJUO7A58PNUW40 American Homes 4 Rent 02665T306 290793.00000000 NS USD 9796816.17000000 0.041902559976 Long EC CORP US N 1 N N N Kingboard Laminates Holdings Ltd 529900B76JV9QCZINB33 Kingboard Laminates Holdings Ltd N/A 242500.00000000 NS 171139.89000000 0.000731992861 Long EC CORP HK N 2 N N N Airbus SE MINO79WLOO247M1IL051 Airbus SE 401225909 891871.00000000 NS 119375576.00000000 0.510588557161 Long EC CORP FR N 2 N N N Bank of Beijing Co Ltd 300300C1080211000042 Bank of Beijing Co Ltd N/A 132900.00000000 NS 84314.05000000 0.000360624765 Long EC CORP CN N 2 N N N Genting Bhd N/A Genting BHD B1VXJL905 420400.00000000 NS 372973.62000000 0.001595268218 Long EC CORP MY N 2 N N N Honeywell International Inc ISRPG12PN4EIEOEMW547 Honeywell International, Inc 438516106 884731.00000000 NS USD 163445204.94000000 0.699081455031 Long EC CORP US N 1 N N N LEG Immobilien SE 391200SO40AKONBO0Z96 LEG Immobilien SE N/A 14292.00000000 NS 982821.29000000 0.004203684884 Long EC CORP DE N 2 N N N Advanced Micro Devices Inc R2I72C950HOYXII45366 Advanced Micro Devices, Inc 007903107 1907.00000000 NS USD 196077.74000000 0.000838656061 Long EC CORP US N 1 N N N Capgemini SE 96950077L0TN7BAROX36 Cap Gemini S.A. F13587120 170881.00000000 NS 29817672.38000000 0.127534985200 Long EC CORP FR N 2 N N N Chevron Corp N/A Chevron Corp 166764100 398090.00000000 NS USD 67125935.80000000 0.287108434209 Long EC CORP US N 1 N N N Ally Financial Inc 549300JBN1OSM8YNAI90 Ally Financial, Inc 02005N100 321.00000000 NS USD 8564.28000000 0.000036630804 Long EC CORP US N 1 N N N Nedbank Group Ltd 3789009E42FA3CB31065 Nedbank Group Ltd 662800903 36087.00000000 NS 385633.21000000 0.001649415323 Long EC CORP ZA N 2 N N N Zoetis Inc 549300HD9Q1LOC9KLJ48 Zoetis, Inc 98978V103 153274.00000000 NS USD 26666610.52000000 0.114057386326 Long EC CORP US N 1 N N N China Oilfield Services Ltd 529900J4X53VL8QQW675 China Oilfield Services Ltd 656099900 532000.00000000 NS 636669.55000000 0.002723138164 Long EC CORP HK N 2 N N N Next PLC 213800WQD8ECPZP9PH98 Next plc G6500M106 32597.00000000 NS 2891080.53000000 0.012365616869 Long EC CORP GB N 2 N N N Everdisplay Optronics Shanghai Co Ltd N/A Everdisplay Optronics Shanghai Co Ltd N/A 32990.00000000 NS 11882.01000000 0.000050821269 Long EC CORP CN N 2 N N N XPeng Inc 549300TZNMIREMWQU857 XPeng, Inc N/A 224200.00000000 NS 2048610.79000000 0.008762238160 Long EC CORP HK N 2 N N CD Projekt SA 259400TYO5Q8SH8TL437 CD Projekt S.A. N/A 4895.00000000 NS 139860.87000000 0.000598207457 Long EC CORP PL N 2 N N N Shinhan Financial Group Co Ltd 988400EB8A6G49E5KO54 Shinhan Financial Group Co Ltd 639750900 101940.00000000 NS 2682874.45000000 0.011475085946 Long EC CORP KR N 2 N N N Liaoning Port Co Ltd 529900N68F8UROUIBV86 Liaoning Port Co Ltd N/A 114600.00000000 NS 24619.03000000 0.000105299554 Long EC CORP CN N 2 N N N Dynatrace Inc N/A Dynatrace, Inc 268150109 295.00000000 NS USD 13785.35000000 0.000058962161 Long EC CORP US N 1 N N N WPG Holdings Ltd N/A WPG Holdings Ltd N/A 119640.00000000 NS 224713.14000000 0.000961134276 Long EC CORP TW N 2 N N N N/A N/A The Canadian Imperial Bank of Commerce 13606KWB8 2000000.00000000 PA USD 2000000.00000000 0.008554321985 Long STIV CORP US N 2 N N Gigabyte Technology Co Ltd 2549001BU3CG63KSN047 Gigabyte Technology Co Ltd 612918904 112000.00000000 NS 984456.32000000 0.004210678171 Long EC CORP TW N 2 N N N Unilever Indonesia Tbk PT 549300MUHUFNRRI19O72 PT Unilever Indonesia Tbk 668718901 1625800.00000000 NS 393378.52000000 0.001682543261 Long EC CORP ID N 2 N N N Melco Resorts & Entertainment Ltd 529900NRV6LBR3T6B421 Melco Crown Entertainment Ltd (ADR) 585464100 605652.00000000 NS USD 5989898.28000000 0.025619759274 Long EC CORP HK N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 Alphabet, Inc (Class A) 02079K305 2527952.00000000 NS USD 330807798.72000000 1.414918212803 Long EC CORP US N 1 N N N SDIC Power Holdings Co Ltd 300300LQJ91PHBNFC721 SDIC Power Holdings Co Ltd N/A 44200.00000000 NS 71225.42000000 0.000304642588 Long EC CORP CN N 2 N N N Air China Ltd 213800I9TWC9K22N4502 Air China Ltd (H shares) B04KNF903 148000.00000000 NS 99670.01000000 0.000426304678 Long EC CORP HK N 2 N N N Aier Eye Hospital Group Co Ltd N/A Aier Eye Hospital Group Co Ltd N/A 230405.00000000 NS 570397.17000000 0.002439680525 Long EC CORP CN N 2 N N N Hartford Financial Services Group Inc/The IU7C3FTM7Y3BQM112U94 Hartford Financial Services Group, Inc 416515104 367.00000000 NS USD 26023.97000000 0.000111308709 Long EC CORP US N 1 N N N Booking Holdings Inc FXM8FAOHMYDIPD38UZ17 Booking Holdings, Inc 09857L108 6347.00000000 NS USD 19573830.65000000 0.083720424936 Long EC CORP US N 1 N N N Sinoma International Engineering Co 300300A8BDE5H0E13J94 Sinoma International Engineering Co N/A 48900.00000000 NS 75841.57000000 0.000324386604 Long EC CORP CN N 2 N N N Fidelity National Financial Inc 549300CAZYIH39SYQ287 Fidelity National Financial, Inc 31620R303 306.00000000 NS USD 12637.80000000 0.000054053905 Long EC CORP US N 1 N N N United Microelectronics Corp 391200YJCAGH9LF96P73 United Microelectronics Corp 691662902 930000.00000000 NS 1305874.71000000 0.005585436371 Long EC CORP TW N 2 N N N CapitaLand Ascott Trust 549300W6RTG7Y32IWY65 CapitaLand Ascott Trust N/A 28001.00000000 NS 19627.56000000 0.000083950234 Long EC CORP SG N 2 N N Zhejiang Supcon Technology Co Ltd 836800CSSWUYIZYJGO52 Zhejiang Supcon Technology Co Ltd N/A 7511.00000000 NS 49145.74000000 0.000210204242 Long EC CORP CN N 2 N N N Chang Hwa Commercial Bank Ltd 549300FHFNGCSKDTHT42 Chang Hwa Commercial Bank 618785901 409001.00000000 NS 218703.55000000 0.000935430293 Long EC CORP TW N 2 N N N Taiwan Cooperative Financial Holding Co Ltd N/A Taiwan Cooperative Financial Holding Co Ltd N/A 836122.00000000 NS 663444.63000000 0.002837659492 Long EC CORP TW N 2 N N N Shenzhen SC New Energy Technology Corp 30030050928CNGYD2N39 Shenzhen SC New Energy Technology Corp N/A 4600.00000000 NS 48003.08000000 0.000205316901 Long EC CORP CN N 2 N N N Centrais Eletricas Brasileiras SA 254900I8KYDELP4B4Z08 Centrais Eletricas Brasileiras S.A. 230844003 54100.00000000 NS 434280.97000000 0.001857489624 Long EC CORP BR N 1 N N N Shenzhen YUTO Packaging Technology Co Ltd 300300FSMGQ1XKYWTT66 Shenzhen YUTO Packaging Technology Co Ltd N/A 6900.00000000 NS 23356.93000000 0.000099901349 Long EC CORP CN N 2 N N N Principal Financial Group Inc CUMYEZJOAF02RYZ1JJ85 Principal Financial Group 74251V102 287.00000000 NS USD 20684.09000000 0.000088469182 Long EC CORP US N 1 N N N PI Industries Ltd 335800PEGP94E4CC1D11 PI Industries Ltd N/A 18712.00000000 NS 777203.03000000 0.003324222483 Long EC CORP IN N 2 N N N Repligen Corp 54930006QJ0T5AUO1E71 Repligen Corp 759916109 63.00000000 NS USD 10017.63000000 0.000042847016 Long EC CORP US N 1 N N N Danaher Corp S4BKK9OTCEWQ3YHPFM11 Danaher Corp 235851102 152092.00000000 NS USD 37734025.20000000 0.161394500687 Long EC CORP US N 1 N N N Dechra Pharmaceuticals PLC 213800J4UVB5OWG8VX82 Dechra Pharmaceuticals plc N/A 308987.00000000 NS 14250410.47000000 0.060951299793 Long EC CORP GB N 2 N N N Yapi ve Kredi Bankasi AS B85ZYWEZ5IZCZ2WNIO12 Yapi ve Kredi Bankasi B03MZJ909 277144.00000000 NS 186051.45000000 0.000795772004 Long EC CORP TR N 2 N N N China Northern Rare Earth Group High-Tech Co Ltd 300300CY5TYMU38UDM49 China Northern Rare Earth Group High-Tech Co Ltd N/A 42300.00000000 NS 126564.86000000 0.000541338282 Long EC CORP CN N 2 N N N Topsports International Holdings Ltd N/A Topsports International Holdings Ltd N/A 456000.00000000 NS 344755.26000000 0.001474573750 Long EC CORP HK Y 2 N N N ING Groep NV 549300NYKK9MWM7GGW15 ING Groep NV N4578E595 7783891.00000000 NS 102592201.84000000 0.438803363876 Long EC CORP NL N 2 N N N Adobe Inc FU4LY2G4933NH2E1CP29 Adobe, Inc 00724F101 271237.00000000 NS USD 138303746.30000000 0.591547388834 Long EC CORP US N 1 N N N Guosen Securities Co Ltd 254900SSGIWSMEOHDN82 Guosen Securities Co Ltd N/A 28300.00000000 NS 35830.78000000 0.000153254014 Long EC CORP CN N 2 N N N Central Japan Railway Co 353800YAR3OVUITHTG64 Central Japan Railway Co J05523105 334685.00000000 NS 8138866.30000000 0.034811241464 Long EC CORP JP N 2 N N N 3peak Inc N/A 3peak, Inc N/A 1347.00000000 NS 33670.05000000 0.000144012224 Long EC CORP CN N 2 N N N Mohawk Industries Inc 549300JI1115MG3Q6322 Mohawk Industries, Inc 608190104 64.00000000 NS USD 5491.84000000 0.000023489483 Long EC CORP US N 1 N N N Eicher Motors Ltd 25490059S64CN2OY7239 Eicher Motors Ltd N/A 29246.00000000 NS 1211629.64000000 0.005182335033 Long EC CORP IN N 2 N N N KBC Group NV 213800X3Q9LSAKRUWY91 KBC Groep NV B5337G162 239884.00000000 NS 14934361.44000000 0.063876668203 Long EC CORP BE N 2 N N N Mettler-Toledo International Inc 5493000BD5GJNUDIUG10 Mettler-Toledo International, Inc 592688105 513.00000000 NS USD 568439.91000000 0.002431309009 Long EC CORP US N 1 N N N Jazz Pharmaceuticals PLC 635400GAUMJCLEZRRV50 Jazz Pharmaceuticals plc G50871105 76.00000000 NS USD 9837.44000000 0.000042076314 Long EC CORP US N 1 N N N Farasis Energy Gan Zhou Co Ltd 655600667MLBZ8U4PV51 Farasis Energy Gan Zhou Co Ltd N/A 6928.00000000 NS 19144.09000000 0.000081882354 Long EC CORP CN N 2 N N N Insurance Australia Group Ltd 549300PFEWKNHRG25N08 Insurance Australia Group Ltd 627102908 507415.00000000 NS 1840672.97000000 0.007872854627 Long EC CORP AU N 2 N N N WuXi AppTec Co Ltd 254900OEPQLZSPLN9175 WuXi AppTec Co Ltd - A N/A 156336.00000000 NS 1857927.11000000 0.007946653362 Long EC CORP CN N 2 N N N Ovintiv Inc 2549003MEX7YMKLGI239 Ovintiv, Inc 69047Q102 294.00000000 NS USD 13985.58000000 0.000059818577 Long EC CORP US N 1 N N N China Tourism Group Duty Free Corp Ltd N/A China Tourism Group Duty Free Corp Ltd N/A 23925.00000000 NS 350268.12000000 0.001498153139 Long EC CORP CN N 2 N N N Ameren Corp XRZQ5S7HYJFPHJ78L959 Ameren Corp 023608102 275088.00000000 NS USD 20584835.04000000 0.088044653476 Long EC CORP US N 1 N N N Beijing Oriental Yuhong Waterproof Technology Co Ltd 300300XMIXB7STDZWT60 Beijing Oriental Yuhong Waterproof Technology Co Ltd N/A 6000.00000000 NS 22073.84000000 0.000094413367 Long EC CORP CN N 2 N N N Domino's Pizza Inc 25490005ZWM1IF9UXU57 Domino's Pizza, Inc 25754A201 42.00000000 NS USD 15909.18000000 0.000068046124 Long EC CORP US N 1 N N N EQT Corp 4NT01YGM4X7ZX86ISY52 EQT Corp 26884L109 428.00000000 NS USD 17368.24000000 0.000074286758 Long EC CORP US N 1 N N N Oracle Corp 1Z4GXXU7ZHVWFCD8TV52 Oracle Corp 68389X105 1158581.00000000 NS USD 122716899.52000000 0.524879935785 Long EC CORP US N 1 N N N NU Holdings Ltd/Cayman Islands 5493002DG1RHWK9W2X27 NU Holdings Ltd G6683N103 1877864.00000000 NS USD 13614514.00000000 0.058231468216 Long EC CORP US N 1 N N N Hulic Reit Inc N/A Hulic Reit, Inc N/A 812.00000000 NS 865800.11000000 0.003703166458 Long EC CORP JP N 2 N N N CSPC Pharmaceutical Group Ltd 529900M3XQCW234H8O91 CSPC Pharmaceutical Group Ltd N/A 1754880.00000000 NS 1283419.77000000 0.005489392977 Long EC CORP HK N 2 N N N Accton Technology Corp 529900M1YRZ0GWMDF920 Accton Technology Corp N/A 109571.00000000 NS 1681057.22000000 0.007190152368 Long EC CORP TW N 2 N N N Westinghouse Air Brake Technologies Corp 06BTX5UWZD0GQ5N5Y745 Westinghouse Air Brake Technologies Corp 929740108 233747.00000000 NS USD 24840293.69000000 0.106245935220 Long EC CORP US N 1 N N N China Power International Development Ltd 529900MDOW3M0UV2ST42 China Power International Development Ltd N/A 413000.00000000 NS 149727.83000000 0.000640410034 Long EC CORP HK N 2 N N N Hormel Foods Corp MSD54751OJP1FS2ND863 Hormel Foods Corp 440452100 356.00000000 NS USD 13538.68000000 0.000057907113 Long EC CORP US N 1 N N N Imperial Oil Ltd 549300JZNB745JT5WY51 Imperial Oil Ltd 453038408 41135.00000000 NS 2533667.66000000 0.010836904484 Long EC CORP CA N 1 N N N Zhejiang Jiuzhou Pharmaceutical Co Ltd 300300M9CIE6UX0BWZ27 Zhejiang Jiuzhou Pharmaceutical Co Ltd N/A 5000.00000000 NS 19877.05000000 0.000085017342 Long EC CORP CN N 2 N N N Fortune Brands Innovations Inc 54930032LHW54PQUJD44 Fortune Brands Innovations, Inc 34964C106 150.00000000 NS USD 9324.00000000 0.000039880249 Long EC CORP US N 1 N N N Manhattan Associates Inc 529900Q1GJP7KD52SW51 Manhattan Associates, Inc 562750109 73.00000000 NS USD 14429.18000000 0.000061715925 Long EC CORP US N 1 N N N NXP Semiconductors NV 724500M9BY5293JDF951 NXP Semiconductors NV N6596X109 308.00000000 NS USD 61575.36000000 0.000263367727 Long EC CORP US N 1 N N N Renesas Electronics Corp 5299000EPC47VJQOFB81 Renesas Electronics Corp 663567907 1757700.00000000 NS 26848783.23000000 0.114836568335 Long EC CORP JP N 2 N N N Hang Seng Bank Ltd 5493009Z5F07LWZYMK62 Hang Seng Bank Ltd Y30327103 167900.00000000 NS 2083215.28000000 0.008910247135 Long EC CORP HK N 2 N N N China Resources Power Holdings Co Ltd 529900K60FC0AI053735 China Resources Power Holdings Co 671156909 162000.00000000 NS 308231.47000000 0.001318355620 Long EC CORP HK N 2 N N N TIM SA/Brazil N/A TIM S.A. N/A 190500.00000000 NS 564312.50000000 0.002413655412 Long EC CORP BR N 1 N N N Astral Ltd 3358007M1SKFTVDRMC40 Astral Ltd N/A 26414.00000000 NS 606565.04000000 0.002594376328 Long EC CORP IN N 2 N N N Raia Drogasil SA N/A Raia Drogasil S.A. N/A 270644.00000000 NS 1487140.74000000 0.006360740363 Long EC CORP BR N 1 N N N Alibaba Health Information Technology Ltd 529900GE9653COPX1I86 Alibaba Health Information Technology Ltd N/A 454000.00000000 NS 280504.51000000 0.001199762948 Long EC CORP HK N 2 N N N Centrais Eletricas Brasileiras SA 254900I8KYDELP4B4Z08 Centrais Eletricas Brasileiras S.A. 231112905 259373.00000000 NS 1903546.16000000 0.008141773383 Long EC CORP BR N 1 N N N Zoomlion Heavy Industry Science and Technology Co Ltd 529900QZ3EMAU0QKFK85 Zoomlion Heavy Industry Science and Technology Co Ltd - A N/A 103300.00000000 NS 97092.64000000 0.000415280852 Long EC CORP CN N 2 N N N Cboe Global Markets Inc 529900RLNSGA90UPEH54 Cboe Global Markets, Inc 12503M108 125.00000000 NS USD 19526.25000000 0.000083516914 Long EC CORP US N 1 N N N China Everbright Environment Group Ltd N/A China Everbright Environment Group Ltd N/A 305555.00000000 NS 104999.02000000 0.000449097712 Long EC CORP HK N 2 N N N Laboratory Corp of America Holdings OZ7UA8IXAIFILY2VZH07 Laboratory Corp of America Holdings 50540R409 105.00000000 NS USD 21110.25000000 0.000090291937 Long EC CORP US N 1 N N N Zhejiang Juhua Co Ltd N/A Zhejiang Juhua Co Ltd N/A 39200.00000000 NS 81684.00000000 0.000349375618 Long EC CORP CN N 2 N N N BJ's Wholesale Club Holdings Inc 549300UCIWH1C93V0J03 BJ's Wholesale Club Holdings, Inc 05550J101 43425.00000000 NS USD 3099242.25000000 0.013255958058 Long EC CORP US N 1 N N N Zhen Ding Technology Holding Ltd 549300H7R4K33675UP38 Zhen Ding Technology Holding Ltd N/A 49000.00000000 NS 149596.63000000 0.000639848870 Long EC CORP TW N 2 N N N Tongcheng Travel Holdings Ltd 2549004WGGNOPL8NUL61 Tongcheng Travel Holdings Ltd N/A 102000.00000000 NS 223103.26000000 0.000954248561 Long EC CORP HK Y 2 N N N Voltronic Power Technology Corp N/A Voltronic Power Technology Corp N/A 14000.00000000 NS 689456.96000000 0.002948918415 Long EC CORP TW N 2 N N N Clorox Co/The 54930044KVSC06Z79I06 Clorox Co 189054109 146.00000000 NS USD 19134.76000000 0.000081842449 Long EC CORP US N 1 N N N CP Axtra PCL N/A CP Axtra PCL N/A 440200.00000000 NS 388940.82000000 0.001663562503 Long EC CORP TH N 2 N N N Tata Elxsi Ltd 335800OWLDKWXSI48N33 Tata Elxsi Ltd N/A 6961.00000000 NS 604056.94000000 0.002583648781 Long EC CORP IN N 2 N N N Monster Beverage Corp 52990090AP0E7HCB6F33 Monster Beverage Corp 61174X109 1841261.00000000 NS USD 97494769.95000000 0.417000827033 Long EC CORP US N 1 N N N HLB Inc N/A HLB, Inc N/A 24344.00000000 NS 539688.84000000 0.002308336054 Long EC CORP KR N 2 N N N Boliden AB 21380059QU7IM1ONDJ56 Boliden AB N/A 58007.00000000 NS 1664615.40000000 0.007119828056 Long EC CORP SE N 2 N N N Sibanye Stillwater Ltd 378900F238434B74D281 Sibanye Stillwater Ltd N/A 601408.00000000 NS 923276.23000000 0.003949001076 Long EC CORP ZA N 2 N N E.ON SE Q9MAIUP40P25UFBFG033 E.ON AG. 494290901 963210.00000000 NS 11390929.50000000 0.048720839329 Long EC CORP DE N 2 N N N Aldar Properties PJSC N/A Aldar Properties PJSC N/A 839980.00000000 NS 1317508.88000000 0.005635197589 Long EC CORP AE N 2 N N N Betta Pharmaceuticals Co Ltd N/A Betta Pharmaceuticals Co Ltd N/A 3400.00000000 NS 26716.44000000 0.000114270515 Long EC CORP CN N 2 N N N Texas Pacific Land Corp N/A Texas Pacific Land Corp 88262P102 7.00000000 NS USD 12764.92000000 0.000054597617 Long EC CORP US N 1 N N N Celltrion Inc N/A Celltrion, Inc N/A 23417.00000000 NS 2416329.45000000 0.010335030069 Long EC CORP KR N 2 N N N Molina Healthcare Inc 549300NQQCEQ46YHZ591 Molina Healthcare, Inc 60855R100 69.00000000 NS USD 22624.41000000 0.000096768243 Long EC CORP US N 1 N N N Dukhan Bank 254900QN4LRSP4RV8D17 Dukhan Bank N/A 426751.00000000 NS 465503.16000000 0.001991031957 Long EC CORP QA N 2 N N N Ninestar Corp N/A Ninestar Corp N/A 18700.00000000 NS 66255.58000000 0.000283385782 Long EC CORP CN N 2 N N N WW Grainger Inc 549300TWZSP6O1IH2V34 W.W. Grainger, Inc 384802104 85501.00000000 NS USD 59153011.84000000 0.253006954849 Long EC CORP US N 1 N N N Inpex Corp 353800VHYYADPR6MXQ47 Inpex Holdings, Inc J2467E101 155774.00000000 NS 2336348.92000000 0.009992940466 Long EC CORP JP N 2 N N N McDonald's Corp UE2136O97NLB5BYP9H04 McDonald's Corp 580135101 657877.00000000 NS USD 173311116.88000000 0.741279548740 Long EC CORP US N 1 N N N Evergreen Marine Corp Taiwan Ltd 254900EIJA0A39C5SO15 Evergreen Marine Corp Taiwan Ltd 632450904 208292.00000000 NS 749080.53000000 0.003203938023 Long EC CORP TW N 2 N N N RELX PLC 549300WSX3VBUFFJOO66 RELX plc N/A 767979.00000000 NS 25960930.68000000 0.111039080041 Long EC CORP NL N 2 N N N Howmet Aerospace Inc 549300HO5WFZUT5N2T22 Howmet Aerospace, Inc 443201108 63350.00000000 NS USD 2929937.50000000 0.012531814386 Long EC CORP US N 1 N N N MarketAxess Holdings Inc 5493002U1CA1XJOVID83 MarketAxess Holdings, Inc 57060D108 45.00000000 NS USD 9613.80000000 0.000041119770 Long EC CORP US N 1 N N N W R Berkley Corp SQOAGCLKBDWNVYV1OV80 W.R. Berkley Corp 084423102 154931.00000000 NS USD 9836569.19000000 0.042072590042 Long EC CORP US N 1 N N N Tokyo Electric Power Co Holdings Inc 5299004EMJ3R4RVR5Y75 Tokyo Electric Power Co, Inc 689540003 297600.00000000 NS 1327489.66000000 0.005677886992 Long EC CORP JP N 2 N N N Hebei Hengshui Laobaigan Liquor Co Ltd N/A Hebei Hengshui Laobaigan Liquor Co Ltd N/A 15700.00000000 NS 50096.02000000 0.000214268742 Long EC CORP CN N 2 N N N PharmaEssentia Corp 54930001GNQLDIFASK68 PharmaEssentia Corp N/A 18000.00000000 NS 187506.45000000 0.000801995273 Long EC CORP TW N 2 N N N Sonic Healthcare Ltd 549300NQQ5L2NONWR862 Sonic Healthcare Ltd 682112909 196082.00000000 NS 3744173.50000000 0.016014432844 Long EC CORP AU N 2 N N N Feng TAY Enterprise Co Ltd N/A Feng TAY Enterprise Co Ltd N/A 101245.00000000 NS 574633.51000000 0.002457800034 Long EC CORP TW N 2 N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co 46625H100 1331783.00000000 NS USD 193135170.66000000 0.826070218287 Long EC CORP US N 1 N N N G-bits Network Technology Xiamen Co Ltd N/A G-bits Network Technology Xiamen Co Ltd N/A 500.00000000 NS 25028.58000000 0.000107051266 Long EC CORP CN N 2 N N N Wanhua Chemical Group Co Ltd 3003002H0G2KDG6CR124 Wanhua Chemical Group Co Ltd N/A 43500.00000000 NS 528336.13000000 0.002259778686 Long EC CORP CN N 2 N N N Banco de Credito e Inversiones SA 549300E9E5Y3PKW24142 Banco de Credito e Inversiones 206935900 5114.00000000 NS 130956.15000000 0.000560120536 Long EC CORP CL N 1 N N N CapitaLand Ascendas REIT 549300ILIBAEMQZK3L20 Ascendas REIT 656387909 607800.00000000 NS 1219049.39000000 0.005214070499 Long EC CORP SG N 2 N N N Coal India Ltd 335800NLJQZNHM9LBB31 Coal India Ltd N/A 391226.00000000 NS 1387532.58000000 0.005934700227 Long EC CORP IN N 2 N N N Yunnan Chihong Zinc&Germanium Co Ltd 3003001EM2VD5NJ1WN41 Yunnan Chihong Zinc&Germanium Co Ltd N/A 80100.00000000 NS 58084.87000000 0.000248438340 Long EC CORP CN N 2 N N N Apple Inc HWUPKR0MPOU8FGXBT394 Apple, Inc 037833100 4639186.00000000 NS USD 794275035.06000000 3.397242197524 Long EC CORP US N 1 N N N Agricultural Bank of China Ltd 549300E7TSGLCOVSY746 Agricultural Bank of China Ltd N/A 12135000.00000000 NS 4512569.03000000 0.019300984232 Long EC CORP HK N 2 N N N Innolux Corp 3003007EXL0825P1MJ10 InnoLux Display Corp B0CC0M902 757587.00000000 NS 308993.43000000 0.001321614645 Long EC CORP TW N 2 N N N BOC Aviation Ltd 254900H06V5RMEB3KE72 BOC Aviation Ltd N/A 18700.00000000 NS 130285.80000000 0.000557253341 Long EC CORP HK Y 2 N N N Bangkok Dusit Medical Services PCL N/A Bangkok Dusit Medical Services PCL N/A 914400.00000000 NS 669597.85000000 0.002863977804 Long EC CORP TH N 2 N N N Tradeweb Markets Inc N/A Tradeweb Markets, Inc 892672106 129.00000000 NS USD 10345.80000000 0.000044250652 Long EC CORP US N 1 N N N LVMH Moet Hennessy Louis Vuitton SE IOG4E947OATN0KJYSD45 LVMH Moet Hennessy Louis Vuitton S.A. 406141903 88877.00000000 NS 67087063.83000000 0.286942172536 Long EC CORP FR N 2 N N N Robinhood Markets Inc 213800FS5AO3YWIE6F63 Robinhood Markets, Inc 770700102 505.00000000 NS USD 4954.05000000 0.000021189269 Long EC CORP US N 1 N N N Lepu Medical Technology Beijing Co Ltd 3003007FXUYE3WNDDO39 Lepu Medical Technology Beijing Co Ltd N/A 1300.00000000 NS 2928.54000000 0.000012525837 Long EC CORP CN N 2 N N N Alimentation Couche-Tard Inc 549300OSW32RVX8CCZ87 Alimentation Couche-Tard, Inc 01626P148 1149847.00000000 NS 58396058.21000000 0.249769342309 Long EC CORP CA N 1 N N N Prologis Inc 529900DFH19P073LZ636 Prologis, Inc 74340W103 288753.00000000 NS USD 32400974.13000000 0.138584182677 Long EC CORP US N 1 N N N Trip.com Group Ltd 2549004RMYDSRQL4KW41 Trip.com Group Ltd (ADR) 89677Q107 80284.00000000 NS USD 2807531.48000000 0.012008264132 Long EC CORP KY N 1 N N N Hindustan Petroleum Corp Ltd 335800DWLXIP7HFFY564 Hindustan Petroleum Corp Ltd N/A 138239.00000000 NS 424325.57000000 0.001814908776 Long EC CORP IN N 2 N N N China Merchants Shekou Industrial Zone Holdings Co Ltd 300300T3ACALX7NIPW13 China Merchants Shekou Industrial Zone Holdings Co Ltd N/A 125000.00000000 NS 212929.81000000 0.000910735077 Long EC CORP CN N 2 N N N CF Industries Holdings Inc 529900CG8YAQFZ2JMV97 CF Industries Holdings, Inc 125269100 231.00000000 NS USD 19805.94000000 0.000084713193 Long EC CORP US N 1 N N N DENTSPLY SIRONA Inc 9NHEHR1SOZCYXDO8HO28 Dentsply Sirona, Inc 24906P109 25252.00000000 NS USD 862608.32000000 0.003689514658 Long EC CORP US N 1 N N N CDW Corp/DE 9845001B052ABF0B6755 CDW Corp 12514G108 160.00000000 NS USD 32281.60000000 0.000138073600 Long EC CORP US N 1 N N N Dongfeng Motor Group Co Ltd 3003002JNYOYPX54GE50 Dongfeng Motor Group Co Ltd B0PH5N900 736000.00000000 NS 289524.38000000 0.001238342384 Long EC CORP HK N 2 N N N Guanghui Energy Co Ltd 300300763Q4WLOKZPD04 Guanghui Energy Co Ltd N/A 202200.00000000 NS 211800.95000000 0.000905906761 Long EC CORP CN N 2 N N N Huatai Securities Co Ltd 3003009ABT0UCWO79Q77 Huatai Securities Co Ltd N/A 116200.00000000 NS 148154.68000000 0.000633681418 Long EC CORP HK Y 2 N N N Samsung Electronics Co Ltd 9884007ER46L6N7EI764 Samsung Electronics Co Ltd 677172009 3788281.00000000 NS 191513168.67000000 0.819132654645 Long EC CORP KR N 2 N N N Fiserv Inc GI7UBEJLXYLGR2C7GV83 Fiserv, Inc 337738108 594525.00000000 NS USD 67157544.00000000 0.287243627569 Long EC CORP US N 1 N N N Beijing Capital International Airport Co Ltd 5299001QWQN7CK66FE04 Beijing Capital International Airport Co Ltd 620842906 518000.00000000 NS 239559.10000000 0.001024632837 Long EC CORP HK N 2 N N N New China Life Insurance Co Ltd 300300F2001111000095 New China Life insurance Co Ltd - H N/A 215000.00000000 NS 515675.12000000 0.002205625508 Long EC CORP HK N 2 N N N Yutong Bus Co Ltd 300300OMPRVW0Q75F037 Zhengzhou Yutong Bus Co Ltd N/A 19800.00000000 NS 35986.33000000 0.000153919326 Long EC CORP CN N 2 N N N Saudi Tadawul Group Holding Co 894500BXFAWZK686TP37 Saudi Tadawul Group Holding Co N/A 3842.00000000 NS 197872.54000000 0.000846332709 Long EC CORP SA N 2 N N N Ningbo Shanshan Co Ltd 300300MXM0RPCBS6WT25 Ningbo Shanshan Co Ltd N/A 28200.00000000 NS 53822.82000000 0.000230208866 Long EC CORP CN N 2 N N N Salesforce Inc RCGZFPDMRW58VJ54VR07 Salesforce, Inc 79466L302 644056.00000000 NS USD 130601675.68000000 0.558604392814 Long EC CORP US N 1 N N N CH Robinson Worldwide Inc 529900WNWN5L0OVDHA79 CH Robinson Worldwide, Inc 12541W209 138.00000000 NS USD 11885.94000000 0.000050838078 Long EC CORP US N 1 N N N Ping An Bank Co Ltd 549300W9MKNIVWXFM679 Ping An Bank Co Ltd N/A 94200.00000000 NS 145217.08000000 0.000621116830 Long EC CORP CN N 2 N N N HDFC Bank Ltd 335800ZQ6I4E2JXENC50 HDFC Bank Ltd (ADR) 40415F101 478314.00000000 NS USD 28225309.14000000 0.120724191263 Long EC CORP IN N 1 N N N Take-Two Interactive Software Inc BOMSTHHJK882EWYX3334 Take-Two Interactive Software, Inc 874054109 200.00000000 NS USD 28078.00000000 0.000120094126 Long EC CORP US N 1 N N N ICE US mini MSCI EAFE Index Futures N/A N/A N/A 698.00000000 NC USD 71248350.00000000 0.304740663422 N/A DE US N 1 N/A N/A Long MSCI EAFE Dec23 IX53272773-0 2023-12-15 73810631.22000000 USD -2562281.22000000 N N N Molson Coors Beverage Co 54930073LBBH6ZCBE225 Molson Coors Brewing Co (Class B) 60871R209 225.00000000 NS USD 14307.75000000 0.000061196550 Long EC CORP US N 1 N N N China International Capital Corp Ltd 529900OS3SVVTT56QN67 China International Capital Corp Ltd N/A 358000.00000000 NS 653451.96000000 0.002794919233 Long EC CORP HK Y 2 N N N Flat Glass Group Co Ltd 300300BEL4RMXBKEA373 Flat Glass Group Co Ltd N/A 22500.00000000 NS 87454.14000000 0.000374055436 Long EC CORP CN N 2 N N N Chongqing Taiji Industry Group Co Ltd 300300GBOR3PED0K5449 Chongqing Taiji Industry Group Co Ltd N/A 10200.00000000 NS 65160.01000000 0.000278699853 Long EC CORP CN N 2 N N N Arch Capital Group Ltd 549300AYR4P8AFKDCE43 Arch Capital Group Ltd G0450A105 305239.00000000 NS USD 24330600.69000000 0.104065896202 Long EC CORP US N 1 N N N Progressive Corp/The 529900TACNVLY9DCR586 Progressive Corp 743315103 244873.00000000 NS USD 34110808.90000000 0.145897421260 Long EC CORP US N 1 N N N Industrial & Commercial Bank of China Ltd 5493002ERZU2K9PZDL40 Industrial & Commercial Bank of China Ltd - H B1G1QD902 13055000.00000000 NS 6261710.44000000 0.026782343642 Long EC CORP HK N 2 N N N Elme Communities 549300DI34BGS8LVKW95 Washington REIT 939653101 42220.00000000 NS USD 575880.80000000 0.002463134894 Long EC CORP US N 1 N N N Tyler Technologies Inc 25490040SMU4Z8LBCW70 Tyler Technologies, Inc 902252105 50.00000000 NS USD 19307.00000000 0.000082579147 Long EC CORP US N 1 N N N Sinopharm Group Co Ltd 529900N54X78YH9JYK92 Sinopharm Group Co Ltd N/A 510800.00000000 NS 1480972.40000000 0.006334357380 Long EC CORP HK N 2 N N N Shenzhen Sunlord Electronics Co Ltd N/A Shenzhen Sunlord Electronics Co Ltd N/A 7800.00000000 NS 30729.78000000 0.000131436216 Long EC CORP CN N 2 N N N China Eastern Airlines Corp Ltd 3003000KIOQE39Q7Y685 China Eastern Airlines Corp Ltd N/A 75900.00000000 NS 45877.85000000 0.000196226950 Long EC CORP CN N 2 N N N Banco del Bajio SA 4469000001BD95FFLY16 Banco del Bajio S.A. N/A 58600.00000000 NS 184298.72000000 0.000788275296 Long EC CORP MX Y 1 N N N Micro-Star International Co Ltd 254900F4E0BDGJSSD870 Micro-Star International Co Ltd 613345909 59000.00000000 NS 300151.59000000 0.001283796672 Long EC CORP TW N 2 N N N China Merchants Securities Co Ltd 30030060IEIMX476KH87 China Merchants Securities Co Ltd N/A 36020.00000000 NS 69286.54000000 0.000296349686 Long EC CORP CN N 2 N N N Airports of Thailand PCL 5299006VS4CU6LW0TY22 Airports of Thailand PCL N/A 926500.00000000 NS 1772593.49000000 0.007581667731 Long EC CORP TH N 2 N N N Compal Electronics Inc 529900ZPKWFDL21LW166 Compal Electronics, Inc 622574903 352000.00000000 NS 335424.72000000 0.001434665528 Long EC CORP TW N 2 N N N Zhangzhou Pientzehuang Pharmaceutical Co Ltd 836800HTWRBAQJRAQ344 Zhangzhou Pientzehuang Pharmaceutical Co Ltd N/A 2800.00000000 NS 105793.39000000 0.000452495361 Long EC CORP CN N 2 N N N China Resources Mixc Lifestyle Services Ltd N/A China Resources Mixc Lifestyle Services Ltd N/A 163800.00000000 NS 659320.19000000 0.002820018598 Long EC CORP HK Y 2 N N N Koninklijke Ahold Delhaize NV 724500C9GNBV20UYRX36 Koninklijke Ahold Delhaize NV N0139V308 254159.00000000 NS 7660272.45000000 0.032764218517 Long EC CORP NL N 2 N N N North Industries Group Red Arrow Co Ltd 3003004CY5NZRROH2J42 North Industries Group Red Arrow Co Ltd N/A 21200.00000000 NS 42906.18000000 0.000183516639 Long EC CORP CN N 2 N N N Shanghai Pharmaceuticals Holding Co Ltd 30030029J1KKCBY19820 Shanghai Pharmaceuticals Holding Co Ltd - A N/A 16300.00000000 NS 40382.04000000 0.000172720486 Long EC CORP CN N 2 N N N Brown-Forman Corp 549300873K3LXF7ARU34 Brown-Forman Corp (Class B) 115637209 367.00000000 NS USD 21172.23000000 0.000090557036 Long EC CORP US N 1 N N N Bank Hapoalim BM B6ARUI4946ST4S7WOU88 Bank Hapoalim Ltd M1586M115 249295.00000000 NS 2221117.93000000 0.009500078970 Long EC CORP IL N 2 N N N Hang Lung Properties Ltd 529900CIVTNMXQT59E61 Hang Lung Properties Ltd 603050006 815000.00000000 NS 1115048.57000000 0.004769242248 Long EC CORP HK N 2 N N N Royal Caribbean Cruises Ltd K2NEH8QNVW44JIWK7Z55 Royal Caribbean Cruises Ltd V7780T103 36709.00000000 NS USD 3382367.26000000 0.014466929307 Long EC CORP US N 1 N N N National Silicon Industry Group Co Ltd N/A National Silicon Industry Group Co Ltd N/A 13128.00000000 NS 35676.92000000 0.000152595930 Long EC CORP CN N 2 N N N Dropbox Inc 549300JCDF7UAR6TJR51 Dropbox, Inc 26210C104 307.00000000 NS USD 8359.61000000 0.000035755397 Long EC CORP US N 1 N N N Reinet Investments SCA 222100830RQTFVV22S80 Reinet Investments S.C.A N/A 11120.00000000 NS 244162.81000000 0.001044323646 Long EC CORP ZA N 2 N N N Annaly Capital Management Inc 2DTL0G3FPRYUT58TI025 Annaly Capital Management, Inc 035710839 585.00000000 NS USD 11003.85000000 0.000047065237 Long EC CORP US N 1 N N N Twilio Inc 5493004W8TRGD63APX93 Twilio, Inc 90138F102 204.00000000 NS USD 11940.12000000 0.000051069815 Long EC CORP US N 1 N N N Zai Lab Ltd 549300P2UYQ9U5LY1T58 Zai Lab Ltd N/A 201500.00000000 NS 493086.62000000 0.002109010857 Long EC CORP HK N 2 N N N Henan Shenhuo Coal & Power Co Ltd 300300GF8XK44CSHXV64 Henan Shenhuo Coal & Power Co Ltd N/A 41800.00000000 NS 98225.96000000 0.000420128244 Long EC CORP CN N 2 N N N Occidental Petroleum Corp IM7X0T3ECJW4C1T7ON55 Occidental Petroleum Corp 674599105 228945.00000000 NS USD 14853951.60000000 0.063532742372 Long EC CORP US N 1 N N N Japan Post Insurance Co Ltd 54930042SK2Z708BA841 Japan Post Insurance Co Ltd N/A 49400.00000000 NS 830826.49000000 0.003553578654 Long EC CORP JP N 2 N N N Nan Ya Plastics Corp 254900L66RP14M9UOM28 Nan Ya Plastics Corp 662158906 1035000.00000000 NS 2135230.63000000 0.009132725161 Long EC CORP TW N 2 N N N Accenture PLC 5493000EWHDSR3MZWH98 Accenture plc G1151C101 747.00000000 NS USD 229411.17000000 0.000981228507 Long EC CORP US N 1 N N N Campbell Soup Co 5493007JDSMX8Z5Z1902 Campbell Soup Co 134429109 229.00000000 NS USD 9407.32000000 0.000040236622 Long EC CORP US N 1 N N N Banco Santander Brasil SA 549300D1H731B30TSI43 Banco Santander Brasil S.A. N/A 26000.00000000 NS 134744.51000000 0.000576323962 Long EC CORP BR N 1 N N N Oji Holdings Corp 529900LVC9GIIYUGE243 OJI Paper Co Ltd 665770004 133895.00000000 NS 563325.77000000 0.002409435009 Long EC CORP JP N 2 N N N Verisk Analytics Inc 549300I1YSWNIRKBWP67 Verisk Analytics, Inc 92345Y106 171.00000000 NS USD 40397.04000000 0.000172784643 Long EC CORP US N 1 N N N Cie Financiere Richemont SA 549300YIPGJ6UX2QPS51 Cie Financiere Richemont S.A. H25662182 104977.00000000 NS 12784437.26000000 0.054681096363 Long EC CORP CH N 2 N N N Truist Financial Corp 549300DRQQI75D2JP341 Truist Financial Corp 89832Q109 1577.00000000 NS USD 45117.97000000 0.000192976821 Long EC CORP US N 1 N N N Dadi Early-Childhood Education Group Ltd N/A Dadi Early-Childhood Education Group Ltd N/A 929727.00000000 NS 2220503.60000000 0.009497451382 Long EC CORP TW N 2 N N N Microchip Technology Inc 5493007PTFULNYZJ1R12 Microchip Technology, Inc 595017104 644.00000000 NS USD 50264.20000000 0.000214988075 Long EC CORP US N 1 N N N Hubei Jumpcan Pharmaceutical Co Ltd N/A Hubei Jumpcan Pharmaceutical Co Ltd N/A 4700.00000000 NS 17592.71000000 0.000075246852 Long EC CORP CN N 2 N N N Owens Corning JO5M6676RDJIZ2U8X907 Owens Corning, Inc 690742101 34682.00000000 NS USD 4730971.62000000 0.020235127271 Long EC CORP US N 1 N N N Deckers Outdoor Corp 5493008LG4W3I6K8J118 Deckers Outdoor Corp 243537107 31.00000000 NS USD 15936.79000000 0.000068164216 Long EC CORP US N 1 N N N Britannia Industries Ltd 335800RRN5EVHNNAXN80 Britannia Industries Ltd N/A 24004.00000000 NS 1310859.39000000 0.005606756649 Long EC CORP IN N 2 N N N Hyundai Mipo Dockyard Co Ltd 988400L1JDH871AJTA03 Hyundai Mipo Dockyard 645106907 1844.00000000 NS 113054.89000000 0.000483553965 Long EC CORP KR N 2 N N N Daiichi Sankyo Co Ltd 353800XGIU2IHQGC9504 Daiichi Sankyo Co Ltd B0J7D9901 2574091.00000000 NS 70471659.02000000 0.301418631059 Long EC CORP JP N 2 N N N QIAGEN NV 54930036WK3GMCN17Z57 QIAGEN NV N/A 34069.00000000 NS 1374669.55000000 0.005879682977 Long EC CORP DE N 2 N N N Public Service Enterprise Group Inc PUSS41EMO3E6XXNV3U28 Public Service Enterprise Group, Inc 744573106 591.00000000 NS USD 33633.81000000 0.000143857220 Long EC CORP US N 1 N N N Samsung SDS Co Ltd N/A Samsung SDS Co Ltd N/A 3154.00000000 NS 315880.36000000 0.001351071154 Long EC CORP KR N 2 N N N Inner Mongolia Yili Industrial Group Co Ltd 3003002Q2A863JPQFH06 Inner Mongolia Yili Industrial Group Co Ltd N/A 85300.00000000 NS 311168.73000000 0.001330918754 Long EC CORP CN N 2 N N N Do-Fluoride New Materials Co Ltd 300300Q9KUCF6Y6SB977 Do-Fluoride New Materials Co Ltd N/A 10880.00000000 NS 23895.45000000 0.000102204686 Long EC CORP CN N 2 N N N Alnylam Pharmaceuticals Inc 529900S3ZI14OWRJII50 Alnylam Pharmaceuticals, Inc 02043Q107 58950.00000000 NS USD 10440045.00000000 0.044653753237 Long EC CORP US N 1 N N N Huaneng Power International Inc 529900WU0SMVKMPG4V21 Huaneng Power International, Inc - H 609967906 974000.00000000 NS 471300.73000000 0.002015829098 Long EC CORP HK N 2 N N N NOMURA SECURITIES INTERNATIONAL, INC. N/A Nomura 984KNA009 5000000.00000000 PA USD 5000000.00000000 0.021385804964 Long RA CORP US N 2 Repurchase Y 5.29000000 2023-10-02 5000000.00000000 USD 5105062.75000000 USD UST N N JSW Steel Ltd 335800EK6HZSC4CVAJ09 JSW Steel Ltd N/A 131654.00000000 NS 1231560.51000000 0.005267582573 Long EC CORP IN N 2 N N N PACCAR Inc KDTEY8BWE486IKZ3CC07 PACCAR, Inc 693718108 619.00000000 NS USD 52627.38000000 0.000225095776 Long EC CORP US N 1 N N N Zhejiang NHU Co Ltd 655600NJSJADB39G3P54 Zhejiang NHU Co Ltd N/A 16304.00000000 NS 36316.39000000 0.000155331046 Long EC CORP CN N 2 N N N Ashtead Group PLC 2138007UTBN8X9K1A235 Ashtead Group plc 005367008 1238888.00000000 NS 75129381.60000000 0.321340460393 Long EC CORP GB N 2 N N N Anhui Gujing Distillery Co Ltd N/A Anhui Gujing Distillery Co Ltd (Class A) N/A 5400.00000000 NS 201621.23000000 0.000862366460 Long EC CORP CN N 2 N N N Shanghai Yuyuan Tourist Mart Group Co Ltd 3003009LKEYMR1CGTI26 Shanghai Yuyuan Tourist Mart Group Co Ltd N/A 67500.00000000 NS 68838.95000000 0.000294435271 Long EC CORP CN N 2 N N N Divi's Laboratories Ltd 335800C1DHFG1C9T1M03 Divi's Laboratories Ltd N/A 9839.00000000 NS 445080.84000000 0.001903682407 Long EC CORP IN N 2 N N N BayCurrent Consulting Inc N/A BayCurrent Consulting, Inc N/A 460000.00000000 NS 15328497.44000000 0.065562451328 Long EC CORP JP N 2 N N N Allegion plc 984500560CAC2E6FB757 Allegion plc G0176J109 104.00000000 NS USD 10836.80000000 0.000046350738 Long EC CORP US N 1 N N N Yuan Longping High-tech Agriculture Co Ltd 3003002GTO6M29V23F59 Yuan Longping High-tech Agriculture Co Ltd N/A 30600.00000000 NS 62841.85000000 0.000268784709 Long EC CORP CN N 2 N N N Vodafone Group PLC 213800TB53ELEUKM7Q61 Vodafone Group plc G93882192 5146672.00000000 NS 4824485.77000000 0.020635102345 Long EC CORP GB N 2 N N N 37 Interactive Entertainment Network Technology Group Co Ltd 300300BE4IFCPHCUMI94 37 Interactive Entertainment Network Technology Group Co Ltd N/A 38200.00000000 NS 114181.96000000 0.000488374625 Long EC CORP CN N 2 N N N Bank of Communications Co Ltd 549300AX1UM10U30HK09 Bank of Communications Co Ltd - H B0B8Z2908 804000.00000000 NS 485604.32000000 0.002077007855 Long EC CORP HK N 2 N N N Woori Financial Group Inc N/A Woori Financial Group, Inc N/A 49784.00000000 NS 451295.80000000 0.001930264791 Long EC CORP KR N 2 N N N Arab National Bank 213800CYWGYQVT1ZBQ57 Arab National Bank N/A 54472.00000000 NS 348578.97000000 0.001490928373 Long EC CORP SA N 2 N N N Valero Energy Corp 549300XTO5VR8SKV1V74 Valero Energy Corp 91913Y100 742285.00000000 NS USD 105189207.35000000 0.449911174542 Long EC CORP US N 1 N N N CITIC Securities Co Ltd 300300E1006744000068 CITIC Securities Co Ltd N/A 454274.00000000 NS 917080.35000000 0.003922500300 Long EC CORP HK N 2 N N N T Rowe Price Group Inc 549300SIV6FPS9Y7IH33 T Rowe Price Group, Inc 74144T108 266.00000000 NS USD 27895.42000000 0.000119313202 Long EC CORP US N 1 N N N China Resources Cement Holdings Ltd 529900E0EOYXYJ0GHY66 China Resources Cement Holdings Ltd N/A 215999.00000000 NS 55215.42000000 0.000236165240 Long EC CORP HK N 2 N N N Edison International 549300I7ROF15MAEVP56 Edison International 281020107 91110.00000000 NS USD 5766351.90000000 0.024663615417 Long EC CORP US N 1 N N N DB Insurance Co Ltd 9884000ZF26VNJBWSJ91 Dongbu Insurance Co Ltd 615593902 10102.00000000 NS 669354.66000000 0.002862937642 Long EC CORP KR N 2 N N N Hanwha Solutions Corp 549300M2V0ZS71BRNR68 Hanwha Chemical Corp 640776902 21760.00000000 NS 479756.89000000 0.002051997455 Long EC CORP KR N 2 N N N CSL Ltd 529900ECSECK5ZDQTE14 CSL Ltd 618549901 91444.00000000 NS 14731903.96000000 0.063010724967 Long EC CORP AU N 2 N N N Ecolab Inc 82DYEISM090VG8LTLS26 Ecolab, Inc 278865100 33645.00000000 NS USD 5699463.00000000 0.024377520823 Long EC CORP US N 1 N N N SBI Life Insurance Co Ltd 335800WMVIESQUO95586 SBI Life Insurance Co Ltd N/A 97297.00000000 NS 1526212.05000000 0.006527854647 Long EC CORP IN Y 2 N N N Kia Corp 988400V8MJK9N7OI5X76 Kia Motors Corp 649092905 56450.00000000 NS 3397741.03000000 0.014532685397 Long EC CORP KR N 2 N N N CITIC Ltd 2549006I3Q3M98KHOT11 Citic Pacific Ltd 619615008 504000.00000000 NS 461341.54000000 0.001973232039 Long EC CORP HK N 2 N N N Kangwon Land Inc N/A Kangwon Land, Inc 668344906 15692.00000000 NS 175588.07000000 0.000751018443 Long EC CORP KR N 2 N N N American International Group Inc ODVCVCQG2BP6VHV36M30 American International Group, Inc 026874784 607435.00000000 NS USD 36810561.00000000 0.157444695632 Long EC CORP US N 1 N N N Becton Dickinson & Co ICE2EP6D98PQUILVRZ91 Becton Dickinson & Co 075887109 62560.00000000 NS USD 16173636.80000000 0.069177248432 Long EC CORP US N 1 N N N Autohome Inc 529900NYB6ZGZN3MVT56 Autohome, Inc (ADR) 05278C107 5700.00000000 NS USD 172995.00000000 0.000739927465 Long EC CORP KY N 1 N N N Genscript Biotech Corp 529900YIYUOJOXSAE372 Genscript Biotech Corp N/A 92000.00000000 NS 240864.93000000 0.001030218083 Long EC CORP HK N 2 N N N Dow Inc 5493003S21INSLK2IP73 Dow, Inc 260557103 41126.00000000 NS USD 2120456.56000000 0.009069534085 Long EC CORP US N 1 N N N Ningbo Orient Wires & Cables Co Ltd N/A Ningbo Orient Wires & Cables Co Ltd N/A 8800.00000000 NS 48119.55000000 0.000205815062 Long EC CORP CN N 2 N N N Vertex Pharmaceuticals Inc 54930015RAQRRZ5ZGJ91 Vertex Pharmaceuticals, Inc 92532F100 42456.00000000 NS USD 14763649.44000000 0.063146505496 Long EC CORP US N 1 N N N NTPC Ltd 335800Q4TRGJXNLVMB81 NTPC Ltd B037HF900 974725.00000000 NS 2877030.23000000 0.012305521474 Long EC CORP IN N 2 N N N eBay Inc OML71K8X303XQONU6T67 eBay, Inc 278642103 180773.00000000 NS USD 7970281.57000000 0.034090177432 Long EC CORP US N 1 N N N COSCO SHIPPING Ports Ltd 5299008QX6KA3JHWK507 COSCO Pacific Ltd 635425903 140445.00000000 NS 91493.41000000 0.000391332044 Long EC CORP HK N 2 N N N East Japan Railway Co 353800SENYJ2DSM6PS44 East Japan Railway Co J1257M109 139886.00000000 NS 8005242.79000000 0.034239712199 Long EC CORP JP N 2 N N N Indian Hotels Co Ltd 33580076CH5SBY5HWA22 Indian Hotels Co Ltd B1FRT6908 182271.00000000 NS 899893.95000000 0.003848991300 Long EC CORP IN N 2 N N N Thunder Software Technology Co Ltd 836800O1GYG8ONWRVB61 Thunder Software Technology Co Ltd N/A 5100.00000000 NS 53384.84000000 0.000228335555 Long EC CORP CN N 2 N N N Catalent Inc N/A Catalent, Inc 148806102 98087.00000000 NS USD 4465901.11000000 0.019101378025 Long EC CORP US N 1 N N N Fomento Economico Mexicano SAB de CV 549300A8MDWDJNMLV153 Fomento Economico Mexicano SAB de C.V. (ADR) 344419106 372372.00000000 NS USD 40644403.80000000 0.173842658509 Long EC CORP MX N 1 N N N Yum China Holdings Inc 529900DO9BYZ7VA3K502 Yum China Holdings, Inc 98850P109 314823.00000000 NS USD 17541937.56000000 0.075029691070 Long EC CORP US N 1 N N N Cincinnati Financial Corp 254900Q4WEDMZBOZ0002 Cincinnati Financial Corp 172062101 186.00000000 NS USD 19025.94000000 0.000081377008 Long EC CORP US N 1 N N N Lonza Group AG 549300EFW4H2TCZ71055 Lonza Group AG. H50524133 181440.00000000 NS 83924530.76000000 0.358958729306 Long EC CORP CH N 2 N N N Qatar Electricity & Water Co QSC 2763MA9U3F8LNMP1G116 Qatar Electricity & Water Co QSC N/A 102836.00000000 NS 494989.64000000 0.002117150380 Long EC CORP QA N 2 N N N British Land Co PLC/The RV5B68J2GV3QGMRPW209 British Land Co plc G15540118 306346.00000000 NS 1179938.47000000 0.005046786797 Long EC CORP GB N 2 N N N TMBThanachart Bank PCL 549300WKGLXEV3DB7I54 TMB Bank PCL (Foreign) N/A 5856200.00000000 NS 276031.47000000 0.001180631036 Long EC CORP TH N 2 N N N Shenzhou International Group Holdings Ltd 529900B4W41TCUKJFM73 Shenzhou International Group Holdings Ltd N/A 179400.00000000 NS 1706026.20000000 0.007296948715 Long EC CORP HK N 2 N N N Cipla Ltd/India 335800KMJJYEDDK82Q34 Cipla Ltd B01110905 43371.00000000 NS 618556.42000000 0.002645665391 Long EC CORP IN N 2 N N N Haier Smart Home Co Ltd 3003002BYTNGNJTWSH07 Haier Smart Home Co Ltd N/A 82300.00000000 NS 267497.24000000 0.001144128760 Long EC CORP CN N 2 N N N DaShenLin Pharmaceutical Group Co Ltd 300300TO4U1GUOTTHK82 DaShenLin Pharmaceutical Group Co Ltd N/A 14049.00000000 NS 48611.74000000 0.000207920238 Long EC CORP CN N 2 N N N Beijing Wantai Biological Pharmacy Enterprise Co Ltd 300300280PS0QGBZBS92 Beijing Wantai Biological Pharmacy Enterprise Co Ltd N/A 2760.00000000 NS 18200.43000000 0.000077846169 Long EC CORP CN N 2 N N N Commonwealth Bank of Australia MSFSBD3QN1GSN7Q6C537 Commonwealth Bank of Australia Q26915100 358112.00000000 NS 22874776.63000000 0.097839102321 Long EC CORP AU N 2 N N N Gartner Inc PP55B5R38BFB8O8HH686 Gartner, Inc 366651107 94.00000000 NS USD 32299.34000000 0.000138149477 Long EC CORP US N 1 N N N BRITANNIA INDUSTRIES LTD 335800RRN5EVHNNAXN80 Britannia Industries Ltd BP7574166 1191204.00000000 PA 14119.27000000 0.000060390390 Long DBT CORP IN N 2 2024-06-03 Fixed 5.50000000 N N N N N N Cameco Corp N4BHALMXL3GMZKCUON55 Cameco Corp 13321L108 731199.00000000 NS 29011090.82000000 0.124085106014 Long EC CORP CA N 1 N N N Infomart Corp N/A Infomart Corp N/A 4143800.00000000 NS 11111897.56000000 0.047527374799 Long EC CORP JP N 2 N N N Quanta Computer Inc 529900DE8BIV3XOXIK04 Quanta Computer, Inc 614101905 222000.00000000 NS 1661472.57000000 0.007106385667 Long EC CORP TW N 2 N N N ICADE 969500UDH342QLTE1M42 ICADE 455440909 10988.00000000 NS 361890.37000000 0.001547863374 Long EC CORP FR N 2 N N N CenterPoint Energy Inc 21TPXMRRHFKOBHDC8J74 Centerpoint Energy, Inc 15189T107 221984.00000000 NS USD 5960270.40000000 0.025493036061 Long EC CORP US N 1 N N N Mahindra & Mahindra Ltd 3358003B573EV4KB4Z02 Mahindra & Mahindra Ltd 610018905 381648.00000000 NS 7126831.49000000 0.030482605651 Long EC CORP IN N 2 N N N FF Group 213800ZMDLVEKZIKFX90 FF Group 544024904 5760.00000000 NS 60.90000000 0.000000260479 Long EC CORP GR N 3 N N N Mirae Asset Securities Co Ltd 98840072S6T63E2V1291 Mirae Asset Daewoo Co Ltd 624965000 17668.00000000 NS 84396.00000000 0.000360975279 Long EC CORP KR N 2 N N N CITIC Securities Co Ltd 300300E1006744000068 CITIC Securities Co Ltd (Class A) N/A 64870.00000000 NS 193745.04000000 0.000828678727 Long EC CORP CN N 2 N N N Isoftstone Information Technology Group Co Ltd N/A Isoftstone Information Technology Group Co Ltd N/A 14250.00000000 NS 51967.46000000 0.000222273192 Long EC CORP CN N 2 N N N Pinterest Inc N/A Pinterest, Inc 72352L106 29057.00000000 NS USD 785410.71000000 0.003359328052 Long EC CORP US N 1 N N N Federal Home Loan Bank Discount Notes 2549001DPIFGXC1TOL40 Federal Home Loan Bank (FHLB) 313384NU9 35000000.00000000 PA USD 34840730.05000000 0.149019411531 Long STIV USGSE US N 2 N N N Flat Glass Group Co Ltd 300300BEL4RMXBKEA373 Flat Glass Group Co Ltd N/A 96000.00000000 NS 214772.37000000 0.000918616003 Long EC CORP HK N 2 N N DISH Network Corp 529900U350CWHH15G169 DISH Network Corp (Class A) 25470M109 40072.00000000 NS USD 234821.92000000 0.001004371156 Long EC CORP US N 1 N N Woolworths Group Ltd QNWEWQBS7HP85QHXQL92 Woolworths Ltd N/A 153212.00000000 NS 3668077.80000000 0.015688959284 Long EC CORP AU N 2 N N N ACWA Power Co 558600Y0TFKRV2QZ1A74 ACWA Power Co N/A 20643.00000000 NS 1075773.16000000 0.004601254997 Long EC CORP SA N 2 N N N QUALCOMM Inc H1J8DDZKZP6H7RWC0H53 QUALCOMM, Inc 747525103 1319.00000000 NS USD 146488.14000000 0.000626553358 Long EC CORP US N 1 N N N KeyCorp RKPI3RZGV1V1FJTH5T61 Keycorp 493267108 1107.00000000 NS USD 11911.32000000 0.000050946633 Long EC CORP US N 1 N N N Bank of Ningbo Co Ltd 300300C1092133000091 Bank of Ningbo Co Ltd N/A 33500.00000000 NS 123878.52000000 0.000529848373 Long EC CORP CN N 2 N N N Dong-E-E-Jiao Co Ltd 655600E60FK5WI9EWB37 Dong-E-E-Jiao Co Ltd N/A 6200.00000000 NS 41735.12000000 0.000178507827 Long EC CORP CN N 2 N N N Bank of Communications Co Ltd 549300AX1UM10U30HK09 Bank of Communications Co Ltd - A N/A 233300.00000000 NS 184334.07000000 0.000788426493 Long EC CORP CN N 2 N N N Kao Corp 353800HM38HFCB8RGL63 Kao Corp 648380004 100600.00000000 NS 3728738.72000000 0.015948415805 Long EC CORP JP N 2 N N N China Railway Group Ltd 529900TFRLG8UDJ7QA89 China Railway Group Ltd - H B297KM901 966000.00000000 NS 496791.15000000 0.002124855728 Long EC CORP HK N 2 N N N 3SBio Inc 529900P0TQC1E9Y7FN31 3SBio, Inc N/A 156000.00000000 NS 130287.43000000 0.000557260313 Long EC CORP HK Y 2 N N N Toyota Motor Corp 5493006W3QUS5LMH6R84 Toyota Motor Corp 690064001 6958910.00000000 NS 124845107.14000000 0.533982622402 Long EC CORP JP N 2 N N N Hyundai Engineering & Construction Co Ltd 988400CEQG9N710HN313 Hyundai Engineering & Construction Co Ltd 645098005 17554.00000000 NS 470954.90000000 0.002014349927 Long EC CORP KR N 2 N N N Evergy Inc 549300PGTHDQY6PSUI61 Evergy, Inc 30034W106 272.00000000 NS USD 13790.40000000 0.000058983760 Long EC CORP US N 1 N N N Power Construction Corp of China Ltd 300300MX911UESD4EH33 Power Construction Corp of China Ltd N/A 73900.00000000 NS 54271.86000000 0.000232129482 Long EC CORP CN N 2 N N N Phillips 66 5493005JBO5YSIGK1814 Phillips 66 718546104 39577.00000000 NS USD 4755176.55000000 0.020338655653 Long EC CORP US N 1 N N N Shanghai Fosun Pharmaceutical Group Co Ltd 300300DMUYLW3FP1OT73 Shanghai Fosun Pharmaceutical Group Co Ltd - A N/A 8500.00000000 NS 33327.27000000 0.000142546099 Long EC CORP CN N 2 N N N Tritax Big Box REIT PLC 213800L6X88MIYPVR714 Tritax Big Box REIT plc N/A 5371958.00000000 NS 9142058.49000000 0.039102055967 Long EC CORP GB N 2 N N N Hithink RoyalFlush Information Network Co Ltd 300300TIQA4R0NPLQE78 Hithink RoyalFlush Information Network Co Ltd N/A 2800.00000000 NS 57709.24000000 0.000246831710 Long EC CORP CN N 2 N N N Delta Electronics Thailand PCL N/A Delta Electronics Thailand PCL N/A 240000.00000000 NS 542549.29000000 0.002320570659 Long EC CORP TH N 2 N N N Coca-Cola Co/The UWJKFUJFZ02DKWI3RY53 Coca-Cola Co 191216100 2621087.00000000 NS USD 146728450.26000000 0.627581203988 Long EC CORP US N 1 N N N KOC Holding AS 7890005U0H950VH19H45 KOC Holding AS B03MVJ903 165299.00000000 NS 883598.92000000 0.003779294833 Long EC CORP TR N 2 N N N ENEOS Holdings Inc 3538001KQ5SAOZSQTT44 ENEOS Holdings, Inc N/A 505600.00000000 NS 1990111.25000000 0.008512026209 Long EC CORP JP N 2 N N N Synchrony Financial 549300RS7EWPM9MA6C78 Synchrony Financial 87165B103 507.00000000 NS USD 15498.99000000 0.000066291675 Long EC CORP US N 1 N N N Merlin Properties Socimi SA 959800L8KD863DP30X04 Merlin Properties Socimi S.A. N/A 16859.00000000 NS 141848.84000000 0.000606710325 Long EC CORP ES N 2 N N N Santander Bank Polska SA 259400LGXW3K0GDAG361 Bank Zachodni WBK S.A. 715363909 2787.00000000 NS 228797.56000000 0.000978603998 Long EC CORP PL N 2 N N N Oriental Pearl Group Co Ltd 300300SLCK1GUH5KK558 Oriental Pearl Group Co Ltd N/A 23900.00000000 NS 24317.14000000 0.000104008322 Long EC CORP CN N 2 N N N Aselsan Elektronik Sanayi Ve Ticaret AS 7890008XT4M710MU8714 Aselsan Elektronik Sanayi Ve Ticaret AS N/A 248750.00000000 NS 369712.17000000 0.001581318472 Long EC CORP TR N 2 N N N Gilead Sciences Inc 549300WTZWR07K8MNV44 Gilead Sciences, Inc 375558103 467380.00000000 NS USD 35025457.20000000 0.149809519291 Long EC CORP US N 1 N N N China CITIC Bank Corp Ltd 300300C1030211000384 China Citic Bank B1W0JF909 6156000.00000000 NS 2856698.60000000 0.012218559820 Long EC CORP HK N 2 N N N Rollins Inc 549300F2A0BXT4SGWD84 Rollins, Inc 775711104 292.00000000 NS USD 10900.36000000 0.000046622594 Long EC CORP US N 1 N N N Kraft Heinz Co/The 9845007488EC87F5AF14 Kraft Heinz Co 500754106 284033.00000000 NS USD 9554870.12000000 0.040867717768 Long EC CORP US N 1 N N N Shree Cement Ltd 335800W6FNBDUZ89L830 Shree Cement Ltd N/A 1894.00000000 NS 579585.13000000 0.002478978910 Long EC CORP IN N 2 N N N Everest Group Ltd 549300N24XF2VV0B3570 Everest Re Group Ltd G3223R108 105678.00000000 NS USD 39277342.26000000 0.167995516215 Long EC CORP US N 1 N N N International Paper Co 824LMFJDH41EY779Q875 International Paper Co 460146103 390.00000000 NS USD 13833.30000000 0.000059167251 Long EC CORP US N 1 N N N Sichuan Hebang Biotechnology Co Ltd 30030072W72E4N589G74 Sichuan Hebang Biotechnology Co Ltd N/A 76600.00000000 NS 24600.48000000 0.000105220213 Long EC CORP CN N 2 N N N Indian Railway Catering & Tourism Corp Ltd 335800TVHEFK23CTJG98 Indian Railway Catering & Tourism Corp Ltd N/A 46892.00000000 NS 383674.88000000 0.001641039230 Long EC CORP IN N 2 N N N China Zhenhua Group Science & Technology Co Ltd N/A China Zhenhua Group Science & Technology Co Ltd N/A 5400.00000000 NS 59949.20000000 0.000256412379 Long EC CORP CN N 2 N N N Concordia Financial Group Ltd N/A Concordia Financial Group Ltd N/A 225700.00000000 NS 1028180.89000000 0.004397695196 Long EC CORP JP N 2 N N N Amazon.com Inc ZXTILKJKG63JELOEG630 Amazon.com, Inc 023135106 4797635.00000000 NS USD 609875361.20000000 2.608535105402 Long EC CORP US N 1 N N N Mondelez International Inc 549300DV9GIB88LZ5P30 Mondelez International, Inc 609207105 668844.00000000 NS USD 46417773.60000000 0.198536290615 Long EC CORP US N 1 N N N COSCO SHIPPING Development Co Ltd 529900CWRQN9ME25NV73 COSCO SHIPPING Development Co Ltd N/A 147500.00000000 NS 48134.07000000 0.000205877166 Long EC CORP CN N 2 N N N Liberty Global PLC 549300BSGXG3QLIQYT84 Liberty Global plc (Class A) G5480U104 106315.00000000 NS USD 1820112.80000000 0.007784915470 Long EC CORP US N 1 N N N Greenland Holdings Corp Ltd N/A Greenland Holdings Corp Ltd N/A 62000.00000000 NS 23335.01000000 0.000099807594 Long EC CORP CN N 2 N N N Liberty Broadband Corp 549300MIX43II8JLN536 Liberty Broadband Corp 530307305 142.00000000 NS USD 12967.44000000 0.000055463828 Long EC CORP US N 1 N N N Jiangxi Copper Co Ltd 3003002E74YFQ6MEZY56 Jiangxi Copper Co Ltd (Class A) N/A 28958.00000000 NS 76515.08000000 0.000327267315 Long EC CORP CN N 2 N N N Hanwha Aerospace Co Ltd 9884001NSUA8FQKQWR25 Samsung Techwin Co Ltd 677267908 2897.00000000 NS 224192.45000000 0.000958907202 Long EC CORP KR N 2 N N N Mesaieed Petrochemical Holding Co N/A Mesaieed Petrochemical Holding Co N/A 852725.00000000 NS 435131.04000000 0.001861125511 Long EC CORP QA N 2 N N N Grupo Aeroportuario del Pacifico SAB de CV 4469000001BZ368XFI90 Grupo Aeroportuario del Pacifico S.A. de C.V. (B Shares) B0ZV10902 83100.00000000 NS 1365839.28000000 0.005841914490 Long EC CORP MX N 1 N N N Shandong Nanshan Aluminum Co Ltd 836800YU5J3RT2VPUO65 Shandong Nanshan Aluminum Co Ltd N/A 162400.00000000 NS 69988.98000000 0.000299354135 Long EC CORP CN N 2 N N N Mega Financial Holding Co Ltd N/A Mega Financial Holding Co Ltd 644406902 2666728.00000000 NS 3117341.55000000 0.013333371678 Long EC CORP TW N 2 N N N Koninklijke KPN NV 549300YO0JZHAL7FVP81 Koninklijke KPN NV N4297B146 613597.00000000 NS 2021595.98000000 0.008646691468 Long EC CORP NL N 2 N N N APA Group 549300T9RBSX164T8H40 APA Group 624730909 206366.00000000 NS 1097831.84000000 0.004695603522 Long EC CORP AU N 2 N N N Grupo Bimbo SAB de CV 5493000RIXURZEBFEV60 Grupo Bimbo S.A. de C.V. (Series A) 239247901 284900.00000000 NS 1373535.96000000 0.005874834430 Long EC CORP MX N 1 N N China Steel Corp 529900D3N7UIJMVJ9120 China Steel Corp 619095904 2531000.00000000 NS 1980602.74000000 0.008471356781 Long EC CORP TW N 2 N N N Zhuzhou CRRC Times Electric Co Ltd 529900PLNH7NQLN00B53 Zhuzhou CSR Times Electric Co Ltd B1L3XL906 127100.00000000 NS 438995.51000000 0.001877654471 Long EC CORP HK N 2 N N N Zhejiang Chint Electrics Co Ltd N/A Zhejiang Chint Electrics Co Ltd N/A 27500.00000000 NS 88055.24000000 0.000376626437 Long EC CORP CN N 2 N N N BlackRock Inc 549300LRIF3NWCU26A80 BlackRock, Inc 09247X101 39138.00000000 NS USD 25302325.62000000 0.108222120169 Long EC CORP US N 1 N N N CI Financial Corp 549300M9W7JJQSVCEM78 CI Financial Corp 125491100 45888.00000000 NS 522310.68000000 0.002234006866 Long EC CORP CA N 1 N N United Therapeutics Corp 5299005C4HZL4UWROC14 United Therapeutics Corp 91307C102 55.00000000 NS USD 12422.85000000 0.000053134529 Long EC CORP US N 1 N N N Aptiv PLC N/A Aptiv plc G6095L109 335.00000000 NS USD 33027.65000000 0.000141264576 Long EC CORP US N 1 N N N First Citizens BancShares Inc/NC 549300N3Z00ZHE2XC526 First Citizens Bancshares, Inc (Class A) 31946M103 16519.00000000 NS USD 22797871.90000000 0.097510168409 Long EC CORP US N 1 N N N Informa PLC 5493006VM2LKUPSEDU20 Informa plc N/A 306538.00000000 NS 2799141.62000000 0.011972379350 Long EC CORP GB N 2 N N N Webster Financial Corp KMRURHT0VWKYS6Z5KU67 Webster Financial Corp 947890109 207.00000000 NS USD 8344.17000000 0.000035689358 Long EC CORP US N 1 N N Man Group PLC/Jersey 2549003YWC1DW6LALB09 Man Group plc N/A 8281993.00000000 NS 22510614.71000000 0.096281523161 Long EC CORP GB N 2 N N N Federal Home Loan Bank Discount Notes 2549001DPIFGXC1TOL40 Federal Home Loan Bank (FHLB) 313384NQ8 10000000.00000000 PA USD 9959255.60000000 0.042597339569 Long STIV USGSE US N 2 N N N Shanghai Commercial & Savings Bank Ltd/The 549300TLB5ALPCGBHN23 Shanghai Commercial & Savings Bank Ltd N/A 306791.00000000 NS 411328.59000000 0.001759318600 Long EC CORP TW N 2 N N N Snowflake Inc 254900CJNSY1K7T53Z16 Snowflake, Inc 833445109 309.00000000 NS USD 47205.93000000 0.000201907362 Long EC CORP US N 1 N N N Juniper Networks Inc AUHIXNGG7U2U7JEHM527 Juniper Networks, Inc 48203R104 381.00000000 NS USD 10587.99000000 0.000045286537 Long EC CORP US N 1 N N N Nanjing King-Friend Biochemical Pharmaceutical Co Ltd 655600XP89T7FDWYHL68 Nanjing King-Friend Biochemical Pharmaceutical Co Ltd N/A 7265.00000000 NS 12646.16000000 0.000054089662 Long EC CORP CN N 2 N N N Hologic Inc 549300DYP6F5ZJL0LB74 Hologic, Inc 436440101 38057.00000000 NS USD 2641155.80000000 0.011296648563 Long EC CORP US N 1 N N N Halliburton Co ENYF8GB5SMQZ25S06U51 Halliburton Co 406216101 118822.00000000 NS USD 4812291.00000000 0.020582943351 Long EC CORP US N 1 N N N Sany Heavy Industry Co Ltd 3003001FS86S7NYOHV89 Sany Heavy Industry Co Ltd N/A 111100.00000000 NS 242656.73000000 0.001037881900 Long EC CORP CN N 2 N N N Whirlpool Corp WHENKOULSSK7WUM60H03 Whirlpool Corp 963320106 65.00000000 NS USD 8690.50000000 0.000037170667 Long EC CORP US N 1 N N N Bilibili Inc 5493008V60M52L3PIS45 Bilibili, Inc N/A 40080.00000000 NS 552338.19000000 0.002362439361 Long EC CORP HK N 2 N N N Standard Bank Group Ltd 2549003PEZXUT7MDBU41 Standard Bank Group Ltd B030GJ908 687743.00000000 NS 6673381.87000000 0.028543128624 Long EC CORP ZA N 2 N N N China Railway Group Ltd 529900TFRLG8UDJ7QA89 China Railway Group Ltd - A N/A 102500.00000000 NS 96253.94000000 0.000411693597 Long EC CORP CN N 2 N N N Netmarble Corp 988400T1LQCQT8H5EO27 Netmarble Corp N/A 1443.00000000 NS 44936.22000000 0.000192199447 Long EC CORP KR Y 2 N N N Pidilite Industries Ltd 335800APXGEBZ349GN74 Pidilite Industries Ltd N/A 33182.00000000 NS 973214.16000000 0.004162593642 Long EC CORP IN N 2 N N N Constellation Energy Corp 549300F8Y20RYGNGV346 Constellation Energy Corp 21037T109 85080.00000000 NS USD 9280526.40000000 0.039694305510 Long EC CORP US N 1 N N N SKC Co Ltd N/A SKC Co Ltd N/A 3779.00000000 NS 212164.17000000 0.000907460311 Long EC CORP KR N 2 N N N TCL Zhonghuan Renewable Energy Technology Co Ltd 300300Y3UHPAM1FB1Y03 TCL Zhonghuan Renewable Energy Technology Co Ltd N/A 51875.00000000 NS 166067.60000000 0.000710297860 Long EC CORP CN N 2 N N N Dr Ing hc F Porsche AG 529900EWEX125AULXI58 Dr ING hc F Porsche AG. N/A 327108.00000000 NS 30691590.70000000 0.131272874549 Long EC CORP DE N 2 N N N WP Carey Inc 54930042CRNE713E3Q67 WP Carey, Inc 92936U109 253.00000000 NS USD 13682.24000000 0.000058521143 Long EC CORP US N 1 N N N Songcheng Performance Development Co Ltd N/A Songcheng Performance Development Co Ltd N/A 23800.00000000 NS 39915.77000000 0.000170726174 Long EC CORP CN N 2 N N N Sumitomo Heavy Industries Ltd 353800VSTEIRMBC3S374 Sumitomo Heavy Industries Ltd 685873002 88001.00000000 NS 2228459.89000000 0.009531481715 Long EC CORP JP N 2 N N N Charoen Pokphand Indonesia Tbk PT 529900JL5SA37OU87X40 Charoen Pokphand Indonesia Tbk PT N/A 1516900.00000000 NS 532006.66000000 0.002275478134 Long EC CORP ID N 2 N N N Northam Platinum Holdings Ltd 3789009D0712C7101695 Northam Platinum Holdings Ltd N/A 71656.00000000 NS 434543.71000000 0.001858613406 Long EC CORP ZA N 2 N N N Equitable Holdings Inc 549300FIBAKMNHPZ4009 Equitable Holdings, Inc 29452E101 868311.00000000 NS USD 24651349.29000000 0.105437789603 Long EC CORP US N 1 N N N Chubu Electric Power Co Inc 529900A76GOP0PGNHT63 Chubu Electric Power Co, Inc 619560006 149800.00000000 NS 1906937.31000000 0.008156277878 Long EC CORP JP N 2 N N N Hewlett Packard Enterprise Co 549300BX44RGX6ANDV88 Hewlett Packard Enterprise Co 42824C109 1529.00000000 NS USD 26558.73000000 0.000113595963 Long EC CORP US N 1 N N N Entergy Corp 4XM3TW50JULSLG8BNC79 Entergy Corp 29364G103 250.00000000 NS USD 23125.00000000 0.000098909347 Long EC CORP US N 1 N N N Weihai Guangwei Composites Co Ltd 6556005NSLA1CR4BUU74 Weihai Guangwei Composites Co Ltd N/A 9680.00000000 NS 36457.48000000 0.000155934511 Long EC CORP CN N 2 N N N Glencore PLC 2138002658CPO9NBH955 Glencore plc N/A 24825177.00000000 NS 141367192.37000000 0.604650240868 Long EC CORP GB N 2 N N N COSCO SHIPPING Holdings Co Ltd 3003009XI0QGYYA29S17 COSCO SHIPPING Holdings Co Ltd - A Y1839M117 187860.00000000 NS 252743.91000000 0.001081026393 Long EC CORP CN N 2 N N N Xcel Energy Inc LGJNMI9GH8XIDG5RCM61 Xcel Energy, Inc 98389B100 652.00000000 NS USD 37307.44000000 0.000159569927 Long EC CORP US N 1 N N N Hangzhou Lion Electronics Co Ltd N/A Hangzhou Lion Electronics Co Ltd N/A 8400.00000000 NS 38061.49000000 0.000162795120 Long EC CORP CN N 2 N N N Hanmi Semiconductor Co Ltd N/A Hanmi Semiconductor Co Ltd N/A 9829.00000000 NS 382565.49000000 0.001636294191 Long EC CORP KR N 2 N N N Magellan Financial Group Ltd 549300X5WFW6USQQ9U26 Magellan Financial Group Ltd N/A 28820.00000000 NS 169587.16000000 0.000725351585 Long EC CORP AU N 2 N N N BeiGene Ltd 549300JFUK6FRD5MH739 BeiGene Ltd N/A 56700.00000000 NS 782285.35000000 0.003345960384 Long EC CORP HK N 2 N N N Interconexion Electrica SA ESP 5493007GMWK7ZHVQ5362 Interconexion Electrica S.A. ESP N/A 105813.00000000 NS 386938.88000000 0.001654999884 Long EC CORP CO N 1 N N N Carnival Corp F1OF2ZSX47CR0BCWA982 Carnival Corp 143658300 1193.00000000 NS USD 16367.96000000 0.000070008400 Long EC CORP US N 1 N N N Great Wall Motor Co Ltd 254900CR8AHWTMFZHH60 Great Wall Motor Co Ltd N/A 30700.00000000 NS 108659.23000000 0.000464753020 Long EC CORP CN N 2 N N N SinoPac Financial Holdings Co Ltd N/A SinoPac Financial Holdings Co Ltd 652587908 2684796.00000000 NS 1448176.74000000 0.006194085063 Long EC CORP TW N 2 N N N China Communications Services Corp Ltd 529900JCDRVQE6YZKT86 China Communications Services Corp Ltd B1HVJ1909 224000.00000000 NS 93979.23000000 0.000401964296 Long EC CORP HK N 2 N N N Lufax Holding Ltd N/A Lufax Holding Ltd (ADR) 54975P102 53300.00000000 NS USD 56498.00000000 0.000241651041 Long EC CORP KY N 1 N N N America Movil SAB de CV 5493000FNR3UCEAONM59 America Movil SAB de C.V. N/A 4136100.00000000 NS 3581336.91000000 0.015317954533 Long EC CORP MX N 1 N N N FactSet Research Systems Inc 549300ZSJE7NBK6K9P30 Factset Research Systems, Inc 303075105 45.00000000 NS USD 19676.70000000 0.000084160413 Long EC CORP US N 1 N N N AMETEK Inc 549300WZDEF9KKE40E98 Ametek, Inc 031100100 170715.00000000 NS USD 25224848.40000000 0.107890737626 Long EC CORP US N 1 N N N VICI Properties Inc 254900RKH6RY9KCJQH63 VICI Properties, Inc 925652109 192889.00000000 NS USD 5613069.90000000 0.024008003626 Long EC CORP US N 1 N N N SL Green Realty Corp 549300VQZPJU97H3GT17 SL Green Realty Corp 78440X887 4002.00000000 NS USD 149274.60000000 0.000638471496 Long EC CORP US N 1 N N US Bancorp N1GZ7BBF3NP8GI976H15 US Bancorp 902973304 1815.00000000 NS USD 60003.90000000 0.000256646340 Long EC CORP US N 1 N N N SK IE Technology Co Ltd 988400ZA9LM3JZBI5088 SK IE Technology Co Ltd N/A 5158.00000000 NS 281806.03000000 0.001205329759 Long EC CORP KR Y 2 N N N TAL Education Group 5493003PJZS0EC085V72 TAL Education Group (ADR) 874080104 96100.00000000 NS USD 875471.00000000 0.003744530411 Long EC CORP CN N 1 N N Skandinaviska Enskilda Banken AB F3JS33DEI6XQ4ZBPTN86 Skandinaviska Enskilda Banken AB (Class A) W25381141 1379869.00000000 NS 16450598.28000000 0.070361857271 Long EC CORP SE N 2 N N N Regeneron Pharmaceuticals Inc 549300RCBFWIRX3HYQ56 Regeneron Pharmaceuticals, Inc 75886F107 21513.00000000 NS USD 17704338.48000000 0.075724305950 Long EC CORP US N 1 N N N Shanxi Coking Coal Energy Group Co Ltd 3003006IEAP7EBNLIL41 Shanxi Xishan Coal & Electricity Power Co Ltd N/A 114070.00000000 NS 157146.79000000 0.000672142120 Long EC CORP CN N 2 N N N Luzhou Laojiao Co Ltd N/A Luzhou Laojiao Co Ltd N/A 19300.00000000 NS 577302.17000000 0.002469214322 Long EC CORP CN N 2 N N N Shanxi Taigang Stainless Steel Co Ltd 300300TSZ3ZVPD82J476 Shanxi Taigang Stainless Steel Co Ltd N/A 74700.00000000 NS 41406.15000000 0.000177100769 Long EC CORP CN N 2 N N N Dr Sulaiman Al Habib Medical Services Group Co N/A Dr Sulaiman Al Habib Medical Services Group Co N/A 47636.00000000 NS 2993714.81000000 0.012804600208 Long EC CORP SA N 2 N N N Uni-President China Holdings Ltd 529900JUA05094TOKA73 Uni-President China Holdings Ltd N/A 334000.00000000 NS 234582.01000000 0.001003345022 Long EC CORP HK N 2 N N N EFG Holding S.A.E. 5586005JYFTUMPVGE837 Egyptian Financial Group-Hermes Holding 613947902 250378.00000000 NS 119502.66000000 0.000511132115 Long EC CORP EG N 2 N N N Iberdrola SA 5QK37QC7NWOJ8D7WVQ45 Iberdrola S.A. E6165F166 796195.00000000 NS 8905001.46000000 0.038088124885 Long EC CORP ES N 2 N N N China Coal Energy Co Ltd 529900KRC89344UI3Z10 China Coal Energy Co B1JNK8908 553000.00000000 NS 432972.32000000 0.001851892318 Long EC CORP HK N 2 N N N Shanghai Lingang Holdings Corp Ltd 300300A3R98BIKL5XH91 Shanghai Lingang Holdings Corp Ltd N/A 19960.00000000 NS 31104.67000000 0.000133039681 Long EC CORP CN N 2 N N N China XD Electric Co Ltd 300300HKOTURRVW8R464 China XD Electric Co Ltd N/A 80500.00000000 NS 53529.49000000 0.000228954246 Long EC CORP CN N 2 N N N Citizens Financial Group Inc 2138004JDDA4ZQUPFW65 Citizens Financial Group, Inc 174610105 221377.00000000 NS USD 5932903.60000000 0.025375983852 Long EC CORP US N 1 N N N Satellite Chemical Co Ltd 300300EB6R0AX600R053 Satellite Chemical Co Ltd N/A 39173.00000000 NS 82432.60000000 0.000352577501 Long EC CORP CN N 2 N N N Sendas Distribuidora S/A N/A Sendas Distribuidora S.A. N/A 281359.00000000 NS 680650.83000000 0.002911253179 Long EC CORP BR N 1 N N N AECOM 0EEB8GF0W0NPCIHZX097 Aecom Technology Corp 00766T100 156.00000000 NS USD 12954.24000000 0.000055407370 Long EC CORP US N 1 N N N Sanan Optoelectronics Co Ltd 300300ENZJGEMR41WW12 Sanan Optoelectronics Co Ltd N/A 67500.00000000 NS 142761.77000000 0.000610615073 Long EC CORP CN N 2 N N N Cambricon Technologies Corp Ltd N/A Cambricon Technologies Corp Ltd N/A 6392.00000000 NS 109057.14000000 0.000466454945 Long EC CORP CN N 2 N N N Illumina Inc SQ95QG8SR5Q56LSNF682 Illumina, Inc 452327109 85417.00000000 NS USD 11726045.76000000 0.050154185524 Long EC CORP US N 1 N N N Xylem Inc/NY 549300DF5MV96DRYLQ48 Xylem, Inc 98419M100 283.00000000 NS USD 25761.49000000 0.000110186040 Long EC CORP US N 1 N N N Guangdong Investment Ltd N/A Guangdong Investments Ltd 691316004 252000.00000000 NS 192071.53000000 0.000821520855 Long EC CORP HK N 2 N N N Bank Leumi Le-Israel BM 7JDSZWRGUQY2DSTWCR57 Bank Leumi Le-Israel M16043107 318977.00000000 NS 2642995.69000000 0.011304518069 Long EC CORP IL N 2 N N N Offshore Oil Engineering Co Ltd N/A Offshore Oil Engineering Co Ltd N/A 173600.00000000 NS 154167.06000000 0.000659397335 Long EC CORP CN N 2 N N N Procter & Gamble Co/The 2572IBTT8CCZW6AU4141 Procter & Gamble Co 742718109 1398673.00000000 NS USD 204010443.78000000 0.872585512262 Long EC CORP US N 1 N N N Huaibei Mining Holdings Co Ltd N/A Huaibei Mining Holdings Co Ltd N/A 61600.00000000 NS 118098.04000000 0.000505124330 Long EC CORP CN N 2 N N N Shenzhen Kangtai Biological Products Co Ltd 300300DTC3W6PCLFRJ05 Shenzhen Kangtai Biological Products Co Ltd N/A 4640.00000000 NS 18640.14000000 0.000079726879 Long EC CORP CN N 2 N N N Samsung Electronics Co Ltd 9884007ER46L6N7EI764 Samsung Electronics Co Ltd (Preference) 677381907 67481.00000000 NS 2718570.70000000 0.011627764554 Long EC CORP KR N 2 N N N Sime Darby Bhd N/A Sime Darby BHD B29TTR903 513600.00000000 NS 241335.50000000 0.001032230786 Long EC CORP MY N 2 N N N Shanghai Medicilon Inc N/A Shanghai Medicilon, Inc N/A 1006.00000000 NS 10506.02000000 0.000044935938 Long EC CORP CN N 2 N N N People.cn Co Ltd N/A People.cn Co Ltd N/A 18400.00000000 NS 96584.22000000 0.000413106258 Long EC CORP CN N 2 N N N Pegasus Hava Tasimaciligi AS 789000B1MW5PQ58A8T03 Pegasus Hava Tasimaciligi AS. N/A 8169.00000000 NS 245065.30000000 0.001048183741 Long EC CORP TR N 2 N N N Gruma SAB de CV 5493000XJLJ6C4T0PG82 Gruma SAB de C.V. N/A 37875.00000000 NS 648683.40000000 0.002774523335 Long EC CORP MX N 1 N N N Empresas CMPC SA N/A Empresas CMPC S.A. 219601903 242325.00000000 NS 446146.33000000 0.001908239679 Long EC CORP CL N 1 N N N Samvardhana Motherson International Ltd 335800C7BQ19CKG8GH63 Samvardhana Motherson International Ltd N/A 508889.00000000 NS 586211.89000000 0.002507322629 Long EC CORP IN N 2 N N N Pangang Group Vanadium Titanium & Resources Co Ltd 300300ONZYFDMNITT218 Pangang Group Vanadium Titanium & Resources Co Ltd N/A 119700.00000000 NS 60329.19000000 0.000258037658 Long EC CORP CN N 2 N N N Chubb Ltd E0JAN6VLUDI1HITHT809 Chubb Ltd H1467J104 229181.00000000 NS USD 47710900.58000000 0.204067202892 Long EC CORP US N 1 N N N Shandong Hualu Hengsheng Chemical Co Ltd 655600R2WZ4EKICFE373 Shandong Hualu Hengsheng Chemical Co Ltd N/A 36050.00000000 NS 158655.62000000 0.000678595629 Long EC CORP CN N 2 N N N Pou Chen Corp 25490027LIXQ7W4PBH18 Pou Chen Corp 669615908 453000.00000000 NS 402510.26000000 0.001721601183 Long EC CORP TW N 2 N N N Hon Hai Precision Industry Co Ltd 30030004CM3GSZXX7O56 Hon Hai Precision Industry Co, Ltd 643856909 2562000.00000000 NS 8257927.64000000 0.035320485983 Long EC CORP TW N 2 N N N UiPath Inc 5493000YP61KBELDHT53 UiPath, Inc 90364P105 425.00000000 NS USD 7271.75000000 0.000031102445 Long EC CORP US N 1 N N N Charles River Laboratories International Inc 549300BSQ0R4UZ5KX287 Charles River Laboratories International, Inc 159864107 61.00000000 NS USD 11954.78000000 0.000051132518 Long EC CORP US N 1 N N N Ginlong Technologies Co Ltd N/A Ginlong Technologies Co Ltd N/A 3900.00000000 NS 42034.76000000 0.000179789435 Long EC CORP CN N 2 N N N Hypera SA 25490092WKPBKTIZX403 Hypera S.A. N/A 139600.00000000 NS 1031471.69000000 0.004411770477 Long EC CORP BR N 1 N N N Shell PLC 21380068P1DRHMJ8KU70 Shell plc N/A 5592485.00000000 NS 177249428.21000000 0.758124340338 Long EC CORP GB N 2 N N N KE Holdings Inc 254900RHVY072XPAZE03 KE Holdings, Inc (ADR) 482497104 145045.00000000 NS USD 2251098.40000000 0.009628310267 Long EC CORP KY N 1 N N N Saudi Basic Industries Corp 213800ZCTFZZZJSK8645 Saudi Basic Industries Corp N/A 196222.00000000 NS 4320665.14000000 0.018480180399 Long EC CORP SA N 2 N N N JA Solar Technology Co Ltd N/A JA Solar Technology Co Ltd N/A 42300.00000000 NS 148779.25000000 0.000636352804 Long EC CORP CN N 2 N N N China Meidong Auto Holdings Ltd 875500GUQWEG1PXVMG17 China Meidong Auto Holdings Ltd N/A 140000.00000000 NS 76498.72000000 0.000327197341 Long EC CORP HK N 2 N N N Meituan 21380033K525E5JLIA77 Meituan N/A 1953800.00000000 NS 28283580.00000000 0.120973425113 Long EC CORP CN Y 2 N N N Acom Co Ltd N/A Acom Co Ltd 604978908 87600.00000000 NS 204231.28000000 0.000873530064 Long EC CORP JP N 2 N N N China Tourism Group Duty Free Corp Ltd N/A China Tourism Group Duty Free Corp Ltd N/A 19800.00000000 NS 261560.47000000 0.001118736239 Long EC CORP HK Y 2 N N Sany Heavy Equipment International Holdings Co Ltd 254900BKG9FQLCKFVK72 Sany Heavy Equipment International Holdings Co Ltd N/A 259000.00000000 NS 408158.03000000 0.001745757604 Long EC CORP HK N 2 N N N JiuGui Liquor Co Ltd N/A JiuGui Liquor Co Ltd N/A 2900.00000000 NS 35270.33000000 0.000150856879 Long EC CORP CN N 2 N N N Moneta Money Bank AS I6USJ58BDV2BO5KP3C31 Moneta Money Bank AS N/A 24216.00000000 NS 87951.13000000 0.000376181142 Long EC CORP CZ Y 2 N N N Ruentex Development Co Ltd N/A Ruentex Development Co Ltd N/A 320679.00000000 NS 349965.31000000 0.001496857972 Long EC CORP TW N 2 N N N CaixaBank SA 7CUNS533WID6K7DGFI87 CaixaBank S.A. E3641N103 3721171.00000000 NS 14825112.22000000 0.063409391701 Long EC CORP ES N 2 N N N Hulic Co Ltd 3538002E12E7IHAKTB10 Hulic Co Ltd 680531902 167900.00000000 NS 1505529.88000000 0.006439393676 Long EC CORP JP N 2 N N N Allstate Corp/The OBT0W1ED8G0NWVOLOJ77 Allstate Corp 020002101 311.00000000 NS USD 34648.51000000 0.000148197255 Long EC CORP US N 1 N N N Huizhou Desay Sv Automotive Co Ltd 655600CCT6YFPT86LA32 Huizhou Desay Sv Automotive Co Ltd N/A 5800.00000000 NS 114691.27000000 0.000490553026 Long EC CORP CN N 2 N N N Commercial Bank PSQC/The 2138004FUUD4I7X8H721 Commercial Bank PSQC N/A 259860.00000000 NS 385445.27000000 0.001648611473 Long EC CORP QA N 2 N N N Aluminum Corp of China Ltd 529900TKZUWQLIQN6T48 Aluminum Corp of China Ltd 642539902 912000.00000000 NS 507323.53000000 0.002169904413 Long EC CORP HK N 2 N N N China Gas Holdings Ltd 254900KTSZLZ21VV8T33 China Gas Holdings Ltd N/A 228400.00000000 NS 215293.38000000 0.000920844446 Long EC CORP HK N 2 N N N Tianqi Lithium Corp 300300IZ1J0MQ8YVEG66 Tianqi Lithium Corp N/A 17700.00000000 NS 133705.47000000 0.000571879820 Long EC CORP CN N 2 N N N HubSpot Inc 529900BLNVEW0MVKJB37 HubSpot, Inc 443573100 56.00000000 NS USD 27580.00000000 0.000117964100 Long EC CORP US N 1 N N N Sampo Oyj 743700UF3RL386WIDA22 Sampo Oyj (A Shares) 522603901 391497.00000000 NS 16924996.24000000 0.072390933721 Long EC CORP FI N 2 N N N Page Industries Ltd 335800D6UFCCKUP3KD53 Page Industries Ltd N/A 1188.00000000 NS 556564.04000000 0.002380514001 Long EC CORP IN N 2 N N N Goldwind Science & Technology Co Ltd 3003008X6GR2ZPYM2V54 Xinjiang Goldwind Science & Technology Co Ltd - A N/A 53800.00000000 NS 68019.42000000 0.000290930009 Long EC CORP CN N 2 N N N Uni-President Enterprises Corp 254900DAXBDMVEXU5959 Uni-President Enterprises Corp 670039007 1082450.00000000 NS 2352661.12000000 0.010062710371 Long EC CORP TW N 2 N N N China National Medicines Corp Ltd 300300OVHIHIM0CJI911 China National Medicines Corp Ltd N/A 6100.00000000 NS 27766.97000000 0.000118763800 Long EC CORP CN N 2 N N N Inner Mongolia Dian Tou Energy Corp Ltd N/A Inner Mongolia Dian Tou Energy Corp Ltd N/A 49300.00000000 NS 92999.12000000 0.000397772208 Long EC CORP CN N 2 N N N Nanjing Securities Co Ltd 300300E1008732000033 Nanjing Securities Co Ltd N/A 18200.00000000 NS 20284.55000000 0.000086760286 Long EC CORP CN N 2 N N N Foshan Haitian Flavouring & Food Co Ltd N/A Foshan Haitian Flavouring & Food Co Ltd N/A 56122.00000000 NS 293956.04000000 0.001257297307 Long EC CORP CN N 2 N N N Shenzhen Kstar Science And Technology Co Ltd N/A Shenzhen Kstar Science And Technology Co Ltd N/A 7400.00000000 NS 29171.39000000 0.000124770731 Long EC CORP CN N 2 N N N Seres Group Co Ltd 3003002LTJSDNVNIPU58 Seres Group Co Ltd N/A 18200.00000000 NS 140073.13000000 0.000599115327 Long EC CORP CN N 2 N N N Copart Inc 549300KVYX3JWMYEHU61 Copart, Inc 217204106 1017.00000000 NS USD 43822.53000000 0.000187436015 Long EC CORP US N 1 N N N Advanced Petrochemical Co N/A Advanced Petrochemical Co N/A 25359.00000000 NS 271428.74000000 0.001160944419 Long EC CORP SA N 2 N N N Caterpillar Inc WRJR7GS4GTRECRRTVX92 Caterpillar, Inc 149123101 535683.00000000 NS USD 146241459.00000000 0.625498263966 Long EC CORP US N 1 N N N Visa Inc 549300JZ4OKEHW3DPJ59 Visa, Inc (Class A) 92826C839 860131.00000000 NS USD 197838731.31000000 0.846188104426 Long EC CORP US N 1 N N N Enel Americas SA 549300LKH11TFCJLZK20 Enersis S.A. 229945902 4714399.00000000 NS 541233.10000000 0.002314941103 Long EC CORP CL N 1 N N N Promotora y Operadora de Infraestructura SAB de CV 52990035X6RK8DBUWA73 Promotora y Operadora de Infraestructura SAB de C.V. N/A 37565.00000000 NS 335762.45000000 0.001436110053 Long EC CORP MX N 1 N N N Great-West Lifeco Inc 549300X81X4VZEESFU46 Great-West Lifeco Inc 39138C106 61101.00000000 NS 1748120.64000000 0.007476993412 Long EC CORP CA N 1 N N N Atacadao SA 549300SMI26ISJIRM371 Atacadao S.A. N/A 124700.00000000 NS 220793.59000000 0.000944369730 Long EC CORP BR N 1 N N N Chipotle Mexican Grill Inc N/A Chipotle Mexican Grill, Inc (Class A) 169656105 3467.00000000 NS USD 6350954.61000000 0.027164055325 Long EC CORP US N 1 N N N NAURA Technology Group Co Ltd 300300JI5I0B95GO5C39 NAURA Technology Group Co Ltd N/A 7000.00000000 NS 231608.62000000 0.000990627355 Long EC CORP CN N 2 N N N TechnoPro Holdings Inc 3538001DJ8I5PJQNHU53 TechnoPro Holdings, Inc N/A 644897.00000000 NS 14015740.51000000 0.059947578594 Long EC CORP JP N 2 N N N BB Seguridade Participacoes SA N/A BB Seguridade Participacoes S.A. N/A 151300.00000000 NS 939426.25000000 0.004018077312 Long EC CORP BR N 1 N N N Constellation Brands Inc 5493005GKEG8QCVY7037 Constellation Brands, Inc (Class A) 21036P108 60323.00000000 NS USD 15160979.59000000 0.064845950515 Long EC CORP US N 1 N N N Jiangsu Nhwa Pharmaceutical Co Ltd N/A Jiangsu Nhwa Pharmaceutical Co Ltd N/A 16000.00000000 NS 58071.89000000 0.000248382822 Long EC CORP CN N 2 N N N True Corp PCL 894500HQD71STX0DQK07 True Corp PCL N/A 895726.00000000 NS 173950.52000000 0.000744014378 Long EC CORP TH N 2 N N N Bank of Ireland Group PLC 635400C8EK6DRI12LJ39 Bank of Ireland Group plc N/A 1945851.00000000 NS 19021883.13000000 0.081359656533 Long EC CORP IE N 2 N N N Smurfit Kappa Group PLC 635400CPLP8H5ITDVT56 Smurfit Kappa Group plc B1RR82907 493757.00000000 NS 16402491.65000000 0.070156097470 Long EC CORP IE N 2 N N N Dollarama Inc 5493002GJ0NJP1HI0C79 Dollarama, Inc 25675T107 477226.00000000 NS 32879668.01000000 0.140631633469 Long EC CORP CA N 1 N N N Hanwha Ocean Co Ltd N/A Hanwha Ocean Co Ltd N/A 1221.00000000 NC 8350.69000000 0.000035717245 Long EC CORP KR N 2 N N N Impala Platinum Holdings Ltd 254900BZFIFB4PD2Z778 Impala Platinum Holdings Ltd B1FFT7902 184022.00000000 NS 958596.49000000 0.004100071514 Long EC CORP ZA N 2 N N SS&C Technologies Holdings Inc 529900POY8H7NPPNKK71 SS&C Technologies Holdings, Inc 78467J100 265.00000000 NS USD 13923.10000000 0.000059551340 Long EC CORP US N 1 N N N Gamuda Bhd 254900RW4N94L9KA9137 Gamuda BHD 635988009 405572.00000000 NS 382659.91000000 0.001636698040 Long EC CORP MY N 2 N N N SolarEdge Technologies Inc 5493000K6Y58XXPDF853 SolarEdge Technologies, Inc 83417M104 67.00000000 NS USD 8677.17000000 0.000037113653 Long EC CORP US N 1 N N ANA Holdings Inc 5493008IRKIY0G3TE305 All Nippon Airways Co Ltd 601490006 10008.00000000 NS 209547.88000000 0.000896270018 Long EC CORP JP N 2 N N N PepsiCo Inc FJSUNZKFNQ5YPJ5OT455 PepsiCo, Inc 713448108 328153.00000000 NS USD 55602244.32000000 0.237819750518 Long EC CORP US N 1 N N N Tianshan Aluminum Group Co Ltd 300300VE52AL1GWYFN04 Tianshan Aluminum Group Co Ltd N/A 40400.00000000 NS 36325.80000000 0.000155371294 Long EC CORP CN N 2 N N N AbbVie Inc FR5LCKFTG8054YNNRU85 AbbVie, Inc 00287Y109 610101.00000000 NS USD 90941655.06000000 0.388972099644 Long EC CORP US N 1 N N N Enel Chile SA 549300YM5CWCAUVOPB53 Enel Chile S.A. N/A 6561872.00000000 NS 398740.89000000 0.001705478980 Long EC CORP CL N 1 N N N Korea Electric Power Corp 988400QG33WS7JEIV602 Korea Electric Power Corp 649573904 20528.00000000 NS 272914.38000000 0.001167298740 Long EC NUSS KR N 2 N N N Regions Financial Corp CW05CS5KW59QTC0DG824 Regions Financial Corp 7591EP100 1111.00000000 NS USD 19109.20000000 0.000081733124 Long EC CORP US N 1 N N N Beijing New Building Materials PLC 3003000VY5ALEC09Q824 Beijing New Building Materials plc N/A 23500.00000000 NS 97022.69000000 0.000414981665 Long EC CORP CN N 2 N N N Carlyle Group Inc/The 529900NGGVF94UK6PG95 Carlyle Group, Inc 14316J108 257.00000000 NS USD 7751.12000000 0.000033152788 Long EC CORP US N 1 N N N Coty Inc 549300BO9IWPF3S48F93 Coty, Inc 222070203 8935.00000000 NS USD 98016.95000000 0.000419234275 Long EC CORP US N 1 N N N Fastenal Co 529900PP0C7H2HHPSJ32 Fastenal Co 311900104 676.00000000 NS USD 36936.64000000 0.000157983955 Long EC CORP US N 1 N N N Manulife Financial Corp 5493007GBX87QOZACS27 Manulife Financial Corp 56501R106 425828.00000000 NS 7781373.80000000 0.033282188487 Long EC CORP CA N 1 N N N Eoptolink Technology Inc Ltd N/A Eoptolink Technology, Inc Ltd N/A 10500.00000000 NS 66216.84000000 0.000283220085 Long EC CORP CN N 2 N N N Roper Technologies Inc 54930003T4SXCIWVXY35 Roper Industries, Inc 776696106 65520.00000000 NS USD 31730025.60000000 0.135714427797 Long EC CORP US N 1 N N N China Life Insurance Co Ltd 549300J6TFLDXGH6S048 China Life Insurance Co Ltd (Class A) N/A 42000.00000000 NS 209683.21000000 0.000896848846 Long EC CORP CN N 2 N N N Formosa Chemicals & Fibre Corp 254900OJX8UZOAIVSU82 Formosa Chemicals & Fibre Corp 634871909 758000.00000000 NS 1444395.54000000 0.006177912261 Long EC CORP TW N 2 N N N Charoen Pokphand Foods PCL 529900FJ3AI2GKGIWK15 Charoen Pokphand Foods PCL N/A 769800.00000000 NS 437166.00000000 0.001869829362 Long EC CORP TH N 2 N N N China Southern Airlines Co Ltd 529900AJQ1Q18ABYVX84 China Southern Airlines Co Ltd 601369903 154000.00000000 NS 74671.32000000 0.000319381257 Long EC CORP HK N 2 N N Sarana Menara Nusantara Tbk PT N/A Sarana Menara Nusantara Tbk PT BCDBLX900 3821800.00000000 NS 237306.88000000 0.001014999730 Long EC CORP ID N 2 N N N Suzano SA 391200AW174YQSDMGG41 Suzano SA N/A 168722.00000000 NS 1821971.36000000 0.007792864831 Long EC CORP BR N 1 N N N Tokyo Tatemono Co Ltd 529900RQA4JTW1869J86 Tokyo Tatemono Co Ltd 689542009 272600.00000000 NS 3769016.59000000 0.016120690740 Long EC CORP JP N 2 N N N iA Financial Corp Inc 549300ZXLJVHQAIXV215 iA Financial Corp, Inc 45075E104 23480.00000000 NS 1472848.15000000 0.006299608655 Long EC CORP CA N 1 N N N Hangzhou Oxygen Plant Group Co Ltd 300300I9BCYICNBMOY81 Hangzhou Oxygen Plant Group Co Ltd N/A 12900.00000000 NS 57346.68000000 0.000245280982 Long EC CORP CN N 2 N N N Shenzhen SED Industry Co Ltd N/A Shenzhen SED Industry Co Ltd N/A 16300.00000000 NS 49758.28000000 0.000212824174 Long EC CORP CN N 2 N N N Hong Kong Exchanges & Clearing Ltd 213800YTVSXYQN17BW16 Hong Kong Exchanges and Clearing Ltd Y3506N139 259682.00000000 NS 9637515.74000000 0.041221206390 Long EC CORP HK N 2 N N N HCA Healthcare Inc 529900PH4ZGUH2MNEU89 HCA, Inc 40412C101 106787.00000000 NS USD 26267466.26000000 0.112350182067 Long EC CORP US N 1 N N N Kansai Electric Power Co Inc/The 353800PFUKP5ONPJNZ86 Kansai Electric Power Co, Inc 648348001 141500.00000000 NS 1959002.58000000 0.008378969419 Long EC CORP JP N 2 N N N Krung Thai Bank PCL 54930007ZQMYCRFQGE36 Krung Thai Bank PCL 649283900 788300.00000000 NS 410343.53000000 0.001755105340 Long EC CORP TH N 2 N N N Waters Corp 5T547R1474YC9HOD8Q74 Waters Corp 941848103 70.00000000 NS USD 19194.70000000 0.000082098822 Long EC CORP US N 1 N N N Shanghai Construction Group Co Ltd 3003009M1GRD07UMUZ33 Shanghai Construction Group Co Ltd N/A 51300.00000000 NS 19347.38000000 0.000082751859 Long EC CORP CN N 2 N N N LONGi Green Energy Technology Co Ltd 300300NRGAITUP1EZ248 LONGi Green Energy Technology Co Ltd N/A 97089.00000000 NS 364254.86000000 0.001557976678 Long EC CORP CN N 2 N N N Nippon Telegraph & Telephone Corp 353800VHQU5VIXVUA841 Nippon Telegraph & Telephone Corp J59396101 6162500.00000000 NS 7294149.39000000 0.031198251246 Long EC CORP JP N 2 N N N Credicorp Ltd 529900UYAEYQCQ2BKB17 Credicorp Ltd G2519Y108 15800.00000000 NS USD 2021926.00000000 0.008648103017 Long EC CORP PE N 1 N N N Altria Group Inc XSGZFLO9YTNO9VCQV219 Altria Group, Inc 02209S103 323121.00000000 NS USD 13587238.05000000 0.058114804587 Long EC CORP US N 1 N N N Suzhou Maxwell Technologies Co Ltd N/A Suzhou Maxwell Technologies Co Ltd N/A 3224.00000000 NS 56077.73000000 0.000239853479 Long EC CORP CN N 2 N N N Marvell Technology Inc N/A Marvell Technology, Inc 573874104 1018.00000000 NS USD 55104.34000000 0.000235690133 Long EC CORP US N 1 N N N Toronto-Dominion Bank/The PT3QB789TSUIDF371261 Toronto-Dominion Bank 891160509 389235.00000000 NS 23450101.27000000 0.100299858429 Long EC CORP CA N 1 N N N Yunnan Tin Co Ltd 3003005QWPI5MVQF6K65 Yunnan Tin Co Ltd N/A 23500.00000000 NS 46187.17000000 0.000197549961 Long EC CORP CN N 2 N N N Hengli Petrochemical Co Ltd N/A Hengli Petrochemical Co Ltd N/A 97380.00000000 NS 192429.60000000 0.000823052378 Long EC CORP CN N 2 N N N Bajaj Auto Ltd 335800DLAO5NCNN8G863 Bajaj Auto Ltd 917FAS908 14942.00000000 NS 908829.11000000 0.003887208418 Long EC CORP IN N 2 N N N Abbott Laboratories HQD377W2YR662HK5JX27 Abbott Laboratories 002824100 543461.00000000 NS USD 52634197.85000000 0.225124937932 Long EC CORP US N 1 N N N Siemens Ltd 335800HJQJFZ3CJLJ709 Siemens India Ltd B15T56901 19484.00000000 NS 860185.92000000 0.003679153663 Long EC CORP IN N 2 N N N Zhejiang Huahai Pharmaceutical Co Ltd 300300A5ITVN4JK5AS34 Zhejiang Huahai Pharmaceutical Co Ltd N/A 9350.00000000 NS 21697.89000000 0.000092805368 Long EC CORP CN N 2 N N N Travelers Cos Inc/The 549300Y650407RU8B149 Travelers Cos, Inc 89417E109 273.00000000 NS USD 44583.63000000 0.000190691363 Long EC CORP US N 1 N N N Hundsun Technologies Inc 3003003LS77D1DRDDE25 Hundsun Technologies, Inc N/A 8412.00000000 NS 37566.00000000 0.000160675829 Long EC CORP CN N 2 N N N RPM International Inc 549300TJCKW4BRXPJ474 RPM International, Inc 749685103 153.00000000 NS USD 14505.93000000 0.000062044197 Long EC CORP US N 1 N N N HF Sinclair Corp N/A HF Sinclair Corp 403949100 182.00000000 NS USD 10361.26000000 0.000044316777 Long EC CORP US N 1 N N N Aurobindo Pharma Ltd 335800G4T2A353RDGM23 Aurobindo Pharma Ltd N/A 21109.00000000 NS 231972.20000000 0.000992182445 Long EC CORP IN N 2 N N N Amplifon SpA ZYXJDNVM2JI3VBM8G556 Amplifon S.p.A. B14NJ7908 421320.00000000 NS 12471515.66000000 0.053342680302 Long EC CORP IT N 2 N N Suncor Energy Inc 549300W70ZOQDVLCHY06 Suncor Energy, Inc 867224107 459862.00000000 NS 15814580.54000000 0.067641507003 Long EC CORP CA N 1 N N N E.Sun Financial Holding Co Ltd 549300X6CNQE512OPC90 E.Sun Financial Holding Co Ltd 643391907 3151918.00000000 NS 2369450.76000000 0.010134522365 Long EC CORP TW N 2 N N N Novartis AG 5493007HIVTX6SY6XD66 Novartis AG. H5820Q150 405148.00000000 NS 41377210.86000000 0.176976992281 Long EC CORP CH N 2 N N N Shanghai International Airport Co Ltd 3003000CIJ7O6AOQF345 Shanghai International Airport Co Ltd N/A 17800.00000000 NS 92730.06000000 0.000396621395 Long EC CORP CN N 2 N N N Mastercard Inc AR5L2ODV9HN37376R084 Mastercard, Inc (Class A) 57636Q104 440256.00000000 NS USD 174301752.96000000 0.745516658739 Long EC CORP US N 1 N N N Yonghui Superstores Co Ltd 300300KBS8U07A3B5A45 Yonghui Superstores Co Ltd N/A 50600.00000000 NS 22296.68000000 0.000095366489 Long EC CORP CN N 2 N N N Zibo Qixiang Tengda Chemical Co Ltd N/A Zibo Qixiang Tengda Chemical Co Ltd N/A 31900.00000000 NS 28073.42000000 0.000120074536 Long EC CORP CN N 2 N N N United States Treasury Bill 254900HROIFWPRGM1V77 United States Treasury Bill 912797FB8 10000000.00000000 PA USD 9975019.40000000 0.042664763880 Long STIV UST US N 2 N N N Wynn Resorts Ltd 254900CEKKWIHTEAB172 Wynn Resorts Ltd 983134107 12045.00000000 NS USD 1113078.45000000 0.004760815728 Long EC CORP US N 1 N N N Turk Hava Yollari AO 789000EV8M3BL7ZPFB03 Turk Hava Yollari AO N/A 117015.00000000 NS 1032821.65000000 0.004417544473 Long EC CORP TR N 2 N N N Medibank Pvt Ltd BDYVSUPTML83OLINBJ17 Medibank Pvt Ltd N/A 604671.00000000 NS 1334588.39000000 0.005708249403 Long EC CORP AU N 2 N N N Titan Wind Energy Suzhou Co Ltd 3003007ZSZNFX2N7JL66 Titan Wind Energy Suzhou Co Ltd N/A 26000.00000000 NS 46039.98000000 0.000196920406 Long EC CORP CN N 2 N N N Walmart Inc Y87794H0US1R65VBXU25 Walmart, Inc 931142103 1017504.00000000 NS USD 162729414.72000000 0.696019905023 Long EC CORP US N 1 N N N Loews Corp R8V1FN4M5ITGZOG7BS19 Loews Corp 540424108 229.00000000 NS USD 14497.99000000 0.000062010237 Long EC CORP US N 1 N N N Beijing Enterprises Water Group Ltd 529900TWUN2ALJKWRR11 Beijing Enterprises Water Group Ltd N/A 342000.00000000 NS 74440.04000000 0.000318392035 Long EC CORP HK N 2 N N N Ganfeng Lithium Group Co Ltd 3003006BE6UOHWEOOR42 Ganfeng Lithium Group Co Ltd N/A 88080.00000000 NS 359689.05000000 0.001538447974 Long EC CORP HK Y 2 N N N Ningxia Baofeng Energy Group Co Ltd 300300G6CBIVJWQ4IC71 Ningxia Baofeng Energy Group Co Ltd N/A 106000.00000000 NS 208068.88000000 0.000889944097 Long EC CORP CN N 2 N N N Grupo Financiero Banorte SAB de CV N/A Grupo Financiero Banorte S.A. de C.V. 242104909 1022000.00000000 NS 8568321.33000000 0.036648089766 Long EC CORP MX N 1 N N N Samsung Engineering Co Ltd 988400HDAY5KIVHGZ188 Samsung Engineering Co Ltd 676523905 36182.00000000 NS 809647.75000000 0.003462993774 Long EC CORP KR N 2 N N N Shandong Buchang Pharmaceuticals Co Ltd N/A Shandong Buchang Pharmaceuticals Co Ltd N/A 7670.00000000 NS 18869.83000000 0.000080709300 Long EC CORP CN N 2 N N N Korean Air Lines Co Ltd 988400C2UFBF4B660C58 Korean Air Lines Co Ltd 649676004 41061.00000000 NS 661056.81000000 0.002827446401 Long EC CORP KR N 2 N N N African Rainbow Minerals Ltd 529900L3TPSCK8ZVZ589 African Rainbow Minerals Ltd 604112904 20747.00000000 NS 186379.20000000 0.000797173844 Long EC CORP ZA N 2 N N N Bank of Hangzhou Co Ltd 300300C1092033000075 Bank of Hangzhou Co Ltd N/A 29400.00000000 NS 45056.40000000 0.000192713476 Long EC CORP CN N 2 N N N Northern Trust Corp 549300GLF98S992BC502 Northern Trust Corp 665859104 247.00000000 NS USD 17161.56000000 0.000073402755 Long EC CORP US N 1 N N N Archer-Daniels-Midland Co 549300LO13MQ9HYSTR83 Archer-Daniels-Midland Co 039483102 645.00000000 NS USD 48645.90000000 0.000208066345 Long EC CORP US N 1 N N N Vulcan Materials Co 549300Q8LSNHAVWBNI21 Vulcan Materials Co 929160109 158.00000000 NS USD 31919.16000000 0.000136523386 Long EC CORP US N 1 N N N Shanxi Lu'an Environmental Energy Development Co Ltd N/A Shanxi Lu'an Environmental Energy Development Co Ltd N/A 72079.00000000 NS 188034.52000000 0.000804253914 Long EC CORP CN N 2 N N N CK Infrastructure Holdings Ltd 5299005U11RQ1C27MR12 CK Infrastructure Holdings Ltd N/A 105730.00000000 NS 498870.96000000 0.002133751410 Long EC CORP HK N 2 N N N NIO Inc 549300JBU4TV5OCKJV96 NIO, Inc (ADR) 62914V106 300130.00000000 NS USD 2713175.20000000 0.011604687132 Long EC CORP KY N 1 N N N Saudi Kayan Petrochemical Co N/A Saudi Kayan Petrochemical Co N/A 153575.00000000 NS 512164.40000000 0.002190609593 Long EC CORP SA N 2 N N N CNNC Hua Yuan Titanium Dioxide Co Ltd N/A CNNC Hua Yuan Titanium Dioxide Co Ltd N/A 42630.00000000 NS 26993.07000000 0.000115453706 Long EC CORP CN N 2 N N N Kanzhun Ltd 254900F4ZCBITP7L0251 Kanzhun Ltd (ADR) 48553T106 47500.00000000 NS USD 720575.00000000 0.003082015282 Long EC CORP KY N 1 N N N Amadeus IT Group SA 9598004A3FTY3TEHHN09 Amadeus IT Holding S.A. N/A 287054.00000000 NS 17338830.33000000 0.074160968748 Long EC CORP ES N 2 N N N PTT PCL 549300QOGMPTKB6W7G56 PTT PCL N/A 2385000.00000000 NS 2187408.69000000 0.009355899124 Long EC CORP TH N 2 N N N L&F Co Ltd 9884002SUW2JTU2FXU05 L&F Co Ltd N/A 5338.00000000 NS 681248.10000000 0.002913807799 Long EC CORP KR N 2 N N N CENCORA INC AI8GXW8LG5WK7E9UD086 AmerisourceBergen Corp 03073E105 65013.00000000 NS USD 11700389.61000000 0.050044450040 Long EC CORP US N 1 N N N Seven Bank Ltd 353800WMG1NLGHB7B594 Seven Bank Ltd N/A 129500.00000000 NS 269212.21000000 0.001151463963 Long EC CORP JP N 2 N N N Dongxing Securities Co Ltd 3003005E7NY9IQW9AF89 Dongxing Securities Co Ltd N/A 11300.00000000 NS 12632.73000000 0.000054032219 Long EC CORP CN N 2 N N N Banco Bradesco SA 549300CTUU1RFXHQJE44 Banco Bradesco S.A. N/A 1900818.00000000 NS 4787449.82000000 0.020476693625 Long EC CORP BR N 1 N N N KT Corp 9884005ACF8449EANY26 KT Corp 650531908 5263.00000000 NS 129595.51000000 0.000554300860 Long EC CORP KR N 2 N N N Siemens Healthineers AG 529900QBVWXMWANH7H45 Siemens Healthineers AG. N/A 48671.00000000 NS 2461869.49000000 0.010529812152 Long EC CORP DE Y 2 N N N NAVER Corp 988400ULUQYDB2HQYJ61 Naver Corp 656039906 27546.00000000 NS 4118531.17000000 0.017615620868 Long EC CORP KR N 2 N N N Shandong Sun Paper Industry JSC Ltd 3003003IDX6WN6H5CH12 Shandong Sun Paper Industry JSC Ltd N/A 36500.00000000 NS 61341.98000000 0.000262369524 Long EC CORP CN N 2 N N N Hapvida Participacoes e Investimentos S/A N/A Hapvida Participacoes e Investimentos S.A. P5R526106 679257.00000000 NS 635129.04000000 0.002716549155 Long EC CORP BR Y 1 N N N ZoomInfo Technologies Inc 2549008GSAHW4UWFEM58 ZoomInfo Technologies, Inc 98980F104 310.00000000 NS USD 5084.00000000 0.000021745086 Long EC CORP US N 1 N N N Parker-Hannifin Corp 5493002CONDB4N2HKI23 Parker-Hannifin Corp 701094104 188254.00000000 NS USD 73328698.08000000 0.313638647081 Long EC CORP US N 1 N N N Advanced Info Service PCL 529900DU2YW1NO5RMU78 Advanced Info Service PCL 641259908 98300.00000000 NS 613879.90000000 0.002625663162 Long EC CORP TH N 2 N N N CMOC Group Ltd 2549008KG3638J59U652 China Molybdenum Co Ltd (Class A) N/A 234000.00000000 NS 190325.44000000 0.000814052547 Long EC CORP CN N 2 N N N Rockwell Automation Inc VH3R4HHBHH12O0EXZJ88 Rockwell Automation, Inc 773903109 11223.00000000 NS USD 3208319.01000000 0.013722496922 Long EC CORP US N 1 N N N AutoZone Inc GA3JGKJ41LJKXDN23E90 Autozone, Inc 053332102 1787.00000000 NS USD 4538962.13000000 0.019413871770 Long EC CORP US N 1 N N N Chailease Holding Co Ltd 529900L76E6T0JCM3J27 Chailease Holding Co Ltd N/A 324294.00000000 NS 1820987.40000000 0.007788656275 Long EC CORP TW N 2 N N N Manila Electric Co 254900RDFLCM12O8SK69 Manila Electric Co B247XZ903 66700.00000000 NS 433851.81000000 0.001855654038 Long EC CORP PH N 2 N N N Beijing Easpring Material Technology Co Ltd N/A Beijing Easpring Material Technology Co Ltd N/A 3900.00000000 NS 22568.30000000 0.000096528252 Long EC CORP CN N 2 N N N LG Corp N/A LG Corp 653703009 20541.00000000 NS 1276869.14000000 0.005461374878 Long EC CORP KR N 2 N N N China Southern Airlines Co Ltd 529900AJQ1Q18ABYVX84 China Southern Airlines Co Ltd (Class A) N/A 46700.00000000 NS 39308.03000000 0.000168126772 Long EC CORP CN N 2 N N N Super Micro Computer Inc 54930022CZO1N2UGVW07 Super Micro Computer, Inc 86800U104 56.00000000 NS USD 15356.32000000 0.000065681452 Long EC CORP US N 1 N N N Packaging Corp of America 549300XZP8MFZFY8TJ84 Packaging Corp of America 695156109 106.00000000 NS USD 16276.30000000 0.000069616355 Long EC CORP US N 1 N N N Stryker Corp 5493002F0SC4JTBU5137 Stryker Corp 863667101 414348.00000000 NS USD 113228877.96000000 0.484298140070 Long EC CORP US N 1 N N N President Chain Store Corp N/A President Chain Store Corp 670498906 130522.00000000 NS 1061058.73000000 0.004538319011 Long EC CORP TW N 2 N N N Pylon Technologies Co Ltd N/A Pylon Technologies Co Ltd N/A 1642.00000000 NS 29472.13000000 0.000126057044 Long EC CORP CN N 2 N N N TJX Cos Inc/The V167QI9I69W364E2DY52 TJX Cos, Inc 872540109 284596.00000000 NS USD 25294892.48000000 0.108190327432 Long EC CORP US N 1 N N N Eaton Corp PLC 549300VDIGTMXUNT7H71 Eaton Corp plc G29183103 267116.00000000 NS USD 56970500.48000000 0.243672002394 Long EC CORP US N 1 N N N Mitsubishi Electric Corp 549300TRXM9Y6561AX39 Mitsubishi Electric Corp J43873116 758900.00000000 NS 9375799.87000000 0.040101805480 Long EC CORP JP N 2 N N N Sichuan Chuantou Energy Co Ltd 300300WW1VOIP39YTJ43 Sichuan Chuantou Energy Co Ltd N/A 23700.00000000 NS 48022.67000000 0.000205400690 Long EC CORP CN N 2 N N N Immunovant Inc N/A Immunovant, Inc 45258J102 70000.00000000 NS USD 2687300.00000000 0.011494014735 Long EC CORP US N 1 N N N Darktrace PLC 213800PC5S5P9CSNFC89 Darktrace plc N/A 2971182.00000000 NS 14536912.27000000 0.062176714117 Long EC CORP GB N 2 N N N Jiumaojiu International Holdings Ltd 6556009ZSGTEPL7MEK84 Jiumaojiu International Holdings Ltd N/A 209000.00000000 NS 282818.44000000 0.001209659999 Long EC CORP HK Y 2 N N N LG Display Co Ltd 988400P37K91W0SABO95 LG Display Co Ltd B01VZN902 18688.00000000 NS 181377.65000000 0.000775781409 Long EC CORP KR N 2 N N N Cigna Group/The 549300VIWYMSIGT1U456 Cigna Group 125523100 88668.00000000 NS USD 25365254.76000000 0.108491278232 Long EC CORP US N 1 N N N Omnicom Group Inc HKUPACFHSSASQK8HLS17 Omnicom Group, Inc 681919106 236.00000000 NS USD 17577.28000000 0.000075180856 Long EC CORP US N 1 N N N UnitedHealth Group Inc 549300GHBMY8T5GXDE41 UnitedHealth Group, Inc 91324P102 445910.00000000 NS USD 224823362.90000000 0.961605718069 Long EC CORP US N 1 N N N POSCO Holdings Inc 988400E5HRVX81AYLM04 POSCO 669323008 15610.00000000 NS 6149852.69000000 0.026303910037 Long EC CORP KR N 2 N N N Formosa Plastics Corp 254900KM6G17UTG1QN82 Formosa Plastics Corp 634854905 840000.00000000 NS 2076539.43000000 0.008881693450 Long EC CORP TW N 2 N N N Japan Metropolitan Fund Invest 353800QDHNIP60E1LQ93 Japan Retail Fund Investment Corp 651334906 4.00000000 NS 2594.21000000 0.000011095853 Long EC CORP JP N 2 N N N Zijin Mining Group Co Ltd 836800JRNL2393Z2I561 Zijin Mining Group Co Ltd 672529906 1220000.00000000 NS 1849516.85000000 0.007910681326 Long EC CORP HK N 2 N N N Seagate Technology Holdings PLC 635400RUXIFEZSRU8X70 Seagate Technology Holdings plc G7997R103 221.00000000 NS USD 14574.95000000 0.000062339407 Long EC CORP US N 1 N N GMO Payment Gateway Inc 353800Q6U21E2PM83F86 GMO Payment Gateway, Inc N/A 178499.00000000 NS 9739544.88000000 0.041657601448 Long EC CORP JP N 2 N N N Albertsons Cos Inc 549300YKWOC0AOR16R51 Albertsons Cos, Inc 013091103 375.00000000 NS USD 8531.25000000 0.000036489529 Long EC CORP US N 1 N N N Piraeus Financial Holdings SA M6AD1Y1KW32H8THQ6F76 Piraeus Financial Holdings S.A. N/A 152003.00000000 NS 448596.96000000 0.001918721418 Long EC CORP GR N 2 N N N Chesapeake Energy Corp X2MT1W32SPAZ9WSKLE78 Chesapeake Energy Corp 165167735 222552.00000000 NS USD 19190658.96000000 0.082081537930 Long EC CORP US N 1 N N N BeiGene Ltd 549300JFUK6FRD5MH739 BeiGene Ltd (ADR) 07725L102 18000.00000000 NS USD 3237660.00000000 0.013847993059 Long EC CORP KY N 1 N N N Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd 529900ROARJHMUIME057 Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd N/A 10500.00000000 NS 45168.09000000 0.000193191192 Long EC CORP CN N 2 N N N Banco do Brasil SA QE0Q0253K88YAGNPE356 Banco do Brasil S.A. 232859900 70532.00000000 NS 662024.60000000 0.002831585795 Long EC CORP BR N 1 N N N DocuSign Inc 549300Q7PVDWRZ39JG09 DocuSign, Inc 256163106 240.00000000 NS USD 10080.00000000 0.000043113782 Long EC CORP US N 1 N N N Hangzhou Tigermed Consulting Co Ltd 300300CP4N8WDF6DOO67 Hangzhou Tigermed Consulting Co Ltd - A N/A 1800.00000000 NS 16449.49000000 0.000070357116 Long EC CORP CN N 2 N N N Guolian Securities Co Ltd 529900KPCMJWM8DFU805 Guolian Securities Co Ltd N/A 12200.00000000 NS 17786.03000000 0.000076073713 Long EC CORP CN N 2 N N N FedEx Corp 549300E707U7WNPZN687 FedEx Corp 31428X106 3630.00000000 NS USD 961659.60000000 0.004113172929 Long EC CORP US N 1 N N N Shede Spirits Co Ltd 300300UOXX4OG2OZM126 Shede Spirits Co Ltd N/A 4300.00000000 NS 74314.53000000 0.000317855208 Long EC CORP CN N 2 N N N By-health Co Ltd N/A By-health Co Ltd N/A 22060.00000000 NS 57483.39000000 0.000245865713 Long EC CORP CN N 2 N N N Petroleo Brasileiro SA 5493000J801JZRCMFE49 Petroleo Brasileiro S.A. (Preference) 268453008 1059938.00000000 NS 7304463.76000000 0.031242367467 Long EC CORP BR N 1 N N N Beazley PLC 213800VTOMUWD41GIT12 Beazley plc N/A 1994150.00000000 NS 13409250.92000000 0.057353524977 Long EC CORP GB N 2 N N N CTBC Financial Holding Co Ltd 549300IWDYIFW6JXM387 Chinatrust Financial Holding Co 652766908 8008000.00000000 NS 6084273.02000000 0.026023415230 Long EC CORP TW N 2 N N N Powerchip Semiconductor Manufacturing Corp 529900VFH8M98IALG693 Powerchip Semiconductor Manufacturing Corp N/A 638000.00000000 NS 526054.36000000 0.002250019188 Long EC CORP TW N 2 N N N Liberty Global PLC 549300BSGXG3QLIQYT84 Liberty Global plc (Class C) G5480U120 292.00000000 NS USD 5419.52000000 0.000023180159 Long EC CORP US N 1 N N N London Stock Exchange Group PLC 213800QAUUUP6I445N30 London Stock Exchange Group plc G5689U103 285097.00000000 NS 28574084.71000000 0.122215960526 Long EC CORP GB N 2 N N N Shenwan Hongyuan Group Co Ltd 300300I0GB4QPIGPS572 Shenwan Hongyuan Group Co Ltd N/A 116200.00000000 NS 69090.48000000 0.000295511106 Long EC CORP CN N 2 N N N Skshu Paint Co Ltd N/A Skshu Paint Co Ltd N/A 6860.00000000 NS 64762.64000000 0.000277000237 Long EC CORP CN N 2 N N N Spring Airlines Co Ltd 300300EPVZRXQONKPM53 Spring Airlines Co Ltd N/A 4500.00000000 NS 33823.87000000 0.000144670137 Long EC CORP CN N 2 N N N Genuine Parts Co 549300D46DQVEU651W04 Genuine Parts Co 372460105 166.00000000 NS USD 23967.08000000 0.000102511059 Long EC CORP US N 1 N N N Kalbe Farma Tbk PT 529900PRQI8S32HOE387 Kalbe Farma Tbk PT N/A 4506100.00000000 NS 510674.10000000 0.002184235340 Long EC CORP ID N 2 N N N Indorama Ventures PCL N/A Indorama Ventures PCL N/A 346200.00000000 NS 246485.30000000 0.001054257310 Long EC CORP TH N 2 N N N Taiwan Cement Corp 529900C56C3PB9X9ZO58 Taiwan Cement Corp 686993908 526579.00000000 NS 542657.66000000 0.002321034175 Long EC CORP TW N 2 N N N Compass Group PLC 2138008M6MH9OZ6U2T68 Compass Group plc N/A 811783.00000000 NS 19760080.17000000 0.084517044117 Long EC CORP GB N 2 N N N REC Ltd 335800B4YRYWAMIJZ374 REC Ltd N/A 101787.00000000 NS 351609.82000000 0.001503891806 Long EC CORP IN N 2 N N N Adaro Energy Indonesia Tbk PT 529900P2WAH7XA87OI24 Adaro Energy Indonesia Tbk PT N/A 3558600.00000000 NS 654581.27000000 0.002799749474 Long EC CORP ID N 2 N N N Heineken NV 724500K5PTPSST86UQ23 Heineken NV 779255900 256281.00000000 NS 22594117.71000000 0.096638678936 Long EC CORP NL N 2 N N N Sun Pharmaceutical Industries Ltd 335800KJ7GE29LB4SS73 Sun Pharmaceutical Industries Ltd 658248901 284067.00000000 NS 3954347.14000000 0.016913379339 Long EC CORP IN N 2 N N N Lennar Corp 529900G61XVRLX5TJX09 Lennar Corp (Class A) 526057104 299.00000000 NS USD 33556.77000000 0.000143527707 Long EC CORP US N 1 N N N Interpublic Group of Cos Inc/The 5493008IUOJ5VWTRC333 Interpublic Group of Cos, Inc 460690100 197827.00000000 NS USD 5669721.82000000 0.024250313008 Long EC CORP US N 1 N N N Guangdong HEC Technology Holding Co Ltd N/A Guangdong HEC Technology Holding Co Ltd N/A 37300.00000000 NS 33964.13000000 0.000145270051 Long EC CORP CN N 2 N N N Verisilicon Microelectronics Shanghai Co Ltd N/A Verisilicon Microelectronics Shanghai Co Ltd N/A 7127.00000000 NS 58661.60000000 0.000250905107 Long EC CORP CN N 2 N N N momo.com Inc N/A momo.com, Inc N/A 17040.00000000 NS 266194.71000000 0.001138557630 Long EC CORP TW N 2 N N N People's Insurance Co Group of China Ltd/The 3003000P2JHYHQ524P66 People's Insurance Co Group of China Ltd (Class A) N/A 184900.00000000 NS 150126.05000000 0.000642113285 Long EC CORP CN N 2 N N N YTO Express Group Co Ltd N/A YTO Express Group Co Ltd N/A 16800.00000000 NS 34671.01000000 0.000148293491 Long EC CORP CN N 2 N N N Match Group Inc 15OMOPB0A8K0EFUVD031 Match Group, Inc 57667L107 1612271.00000000 NS USD 63160716.43000000 0.270148552592 Long EC CORP US N 1 N N N Trent Ltd 335800IYA8EHI7MW7G59 Trent Ltd N/A 38714.00000000 NS 967639.58000000 0.004138750266 Long EC CORP IN N 2 N N N McKesson Corp 549300WZWOM80UCFSF54 McKesson Corp 58155Q103 98444.00000000 NS USD 42808373.40000000 0.183098304872 Long EC CORP US N 1 N N N LG H&H Co Ltd N/A LG Household & Health Care Ltd 634445902 1929.00000000 NS 636395.81000000 0.002721967334 Long EC CORP KR N 2 N N N Hess Corp UASVRYNXNK17ULIGK870 Hess Corp 42809H107 170611.00000000 NS USD 26103483.00000000 0.111648799264 Long EC CORP US N 1 N N N China Jushi Co Ltd 300300JZBQ0FKI1TDH04 China Jushi Co Ltd N/A 19429.00000000 NS 36010.32000000 0.000154021936 Long EC CORP CN N 2 N N N New World Development Co Ltd 2549008GWMWXTIRL4S48 New World Development Co Ltd N/A 355000.00000000 NS 688307.42000000 0.002944001647 Long EC CORP HK N 2 N N N Xinyi Solar Holdings Ltd 529900QF7VIH03SB7Q08 Xinyi Solar Holdings Ltd N/A 404863.00000000 NS 300959.43000000 0.001287251934 Long EC CORP HK N 2 N N N TransUnion 549300ZS772LUNUMRB03 TransUnion 89400J107 229.00000000 NS USD 16439.91000000 0.000070316141 Long EC CORP US N 1 N N N Duke Energy Corp I1BZKREC126H0VB1BL91 Duke Energy Corp 26441C204 131712.00000000 NS USD 11624901.12000000 0.049721573615 Long EC CORP US N 1 N N N Zhongjin Gold Corp Ltd 300300Q0ZK8HFP814Z87 Zhongjin Gold Corp Ltd N/A 87800.00000000 NS 131112.63000000 0.000560789826 Long EC CORP CN N 2 N N N Guangzhou Automobile Group Co Ltd 5299005KY9BJO3ZE6A37 Guangzhou Automobile Group Co Ltd - H N/A 722000.00000000 NS 355813.85000000 0.001521873119 Long EC CORP HK N 2 N N N J.P. Morgan Securities, Inc., LLC N/A JP Morgan 930PNG000 8000000.00000000 PA USD 8000000.00000000 0.034217287942 Long RA CORP US N 2 Repurchase Y 5.31000000 2023-10-02 8000000.00000000 USD 8160000.13000000 USD AMBS N N Vistra Corp 549300KP43CPCUJOOG15 Vistra Corp 92840M102 81231.00000000 NS USD 2695244.58000000 0.011527994983 Long EC CORP US N 1 N N N Muangthai Capital PCL N/A Muangthai Capital PCL N/A 120000.00000000 NS 118005.22000000 0.000504727323 Long EC CORP TH N 2 N N N Invitation Homes Inc N/A Invitation Homes, Inc 46187W107 54851.00000000 NS USD 1738228.19000000 0.007434681810 Long EC CORP US N 1 N N N National Industrialization Co N/A National Industrialization Co N/A 65946.00000000 NS 223440.95000000 0.000955692915 Long EC CORP SA N 2 N N N ZTE Corp 3003004FBGVVG1CW5U45 ZTE Corp (Class H) B04KP8907 62200.00000000 NS 187171.96000000 0.000800564606 Long EC CORP HK N 2 N N N Mizrahi Tefahot Bank Ltd YZO9YEGEO4VYDZMDWF93 Mizrahi Tefahot Bank Ltd 691670004 30781.00000000 NS 1117804.75000000 0.004781030874 Long EC CORP IL N 2 N N N Align Technology Inc 549300N5YSE0U3LCP840 Align Technology, Inc 016255101 36768.00000000 NS USD 11226005.76000000 0.048015433941 Long EC CORP US N 1 N N N Resona Holdings Inc 52990067JE75XZCYYT81 Resona Holdings, Inc 642155907 459200.00000000 NS 2538999.29000000 0.010859708723 Long EC CORP JP N 2 N N N Aisin Corp 3538004IOK08PDY6I723 Aisin Seiki Co Ltd 601070006 321600.00000000 NS 12151661.70000000 0.051974613421 Long EC CORP JP N 2 N N N Japan Exchange Group Inc 353800578ADEGIJTVW07 Osaka Securities Exchange Co Ltd 674388905 111900.00000000 NS 2073091.65000000 0.008866946739 Long EC CORP JP N 2 N N N Watsco Inc 549300F1Y3LN5BX5WN75 Watsco, Inc 942622200 40.00000000 NS USD 15108.80000000 0.000064622770 Long EC CORP US N 1 N N N TOTVS SA N/A TOTVS S.A. N/A 97700.00000000 NS 524793.35000000 0.002244625645 Long EC CORP BR N 1 N N N Kumho Petrochemical Co Ltd N/A Kumho Petrochemical Co Ltd N/A 3509.00000000 NS 348179.68000000 0.001489220545 Long EC CORP KR N 2 N N N Yonyou Network Technology Co Ltd 30030017NBX3U80ANB35 Yonyou Network Technology Co Ltd N/A 17959.00000000 NS 41029.90000000 0.000175491487 Long EC CORP CN N 2 N N N Operadora De Sites Mexicanos SAB de CV 4469000001BRCBO8VP14 Operadora De Sites Mexicanos SAB de C.V. N/A 228500.00000000 NS 189853.97000000 0.000812035994 Long EC CORP MX N 1 N N GRG Banking Equipment Co Ltd 836800SWXACTDG5DWE68 GRG Banking Equipment Co Ltd N/A 48900.00000000 NS 81325.55000000 0.000347842470 Long EC CORP CN N 2 N N N Kakao Games Corp N/A Kakao Games Corp N/A 5790.00000000 NS 109139.17000000 0.000466805800 Long EC CORP KR N 2 N N N China Rare Earth Resources And Technology Co Ltd N/A China Rare Earth Resources And Technology Co Ltd N/A 13800.00000000 NS 54515.24000000 0.000233170458 Long EC CORP CN N 2 N N N Waste Connections Inc 549300HDLRTPBQU69P29 Waste Connections, Inc 94106B101 305.00000000 NS USD 40961.50000000 0.000175198930 Long EC CORP US N 1 N N N Vedanta Ltd 335800XDKX9KB5EMCO07 Vedanta Ltd N/A 185897.00000000 NS 495530.87000000 0.002119465307 Long EC CORP IN N 2 N N N Beijing Shiji Information Technology Co Ltd N/A Beijing Shiji Information Technology Co Ltd N/A 14851.00000000 NS 23265.83000000 0.000099511700 Long EC CORP CN N 2 N N N Industrial Securities Co Ltd 300300E1011435000093 Industrial Securities Co Ltd N/A 40790.00000000 NS 36037.60000000 0.000154138616 Long EC CORP CN N 2 N N N Old Dominion Freight Line Inc 5299009TWK32WE417T96 Old Dominion Freight Line 679580100 117.00000000 NS USD 47869.38000000 0.000204745044 Long EC CORP US N 1 N N N Zealand Pharma A/S 549300ITBB1ULBL4CZ12 Zealand Pharma AS N/A 275461.00000000 NS 11906653.29000000 0.050926673006 Long EC CORP DK N 2 N N N Linde PLC 5299003QR1WT0EF88V51 Linde plc N/A 393685.00000000 NS 146473167.46000000 0.626489318353 Long EC CORP DE N 2 N N N Amorepacific Corp N/A Amorepacific Corp B15SK5908 6228.00000000 NS 562772.86000000 0.002407070124 Long EC CORP KR N 2 N N N VMware Inc 549300BUDHS3LRWBE814 VMware, Inc (Class A) 928563402 280.00000000 NS USD 46614.40000000 0.000199377293 Long EC CORP US N 1 N N N Mitsubishi UFJ Financial Group Inc 353800V2V8PUY9TK3E06 Mitsubishi UFJ Financial Group, Inc 633517909 9677900.00000000 NS 82012029.58000000 0.350778653861 Long EC CORP JP N 2 N N N Turkiye Sise ve Cam Fabrikalari AS 789000KWOK751Q6R8875 Turkiye Sise ve Cam Fabrikalari AS B03MXR903 287049.00000000 NS 570982.82000000 0.002442185445 Long EC CORP TR N 2 N N N Kimberly-Clark Corp MP3J6QPYPGN75NVW2S34 Kimberly-Clark Corp 494368103 85239.00000000 NS USD 10301133.15000000 0.044059604890 Long EC CORP US N 1 N N N ON Semiconductor Corp ZV20P4CNJVT8V1ZGJ064 ON Semiconductor Corp 682189105 511.00000000 NS USD 47497.45000000 0.000203154240 Long EC CORP US N 1 N N N BOC Hong Kong Holdings Ltd 254900JB98W77JDJMW15 BOC Hong Kong Holdings Ltd Y0920U103 812000.00000000 NS 2216654.60000000 0.009480988589 Long EC CORP HK N 2 N N N Kingsoft Corp Ltd 529900UVT35D3Q7YQY41 Kingsoft Corp Ltd N/A 223600.00000000 NS 805703.90000000 0.003446125292 Long EC CORP HK N 2 N N N Erie Indemnity Co 549300WA5KP94KRUFZ80 Erie Indemnity Co (Class A) 29530P102 30.00000000 NS USD 8813.70000000 0.000037697613 Long EC CORP US N 1 N N N Mphasis Ltd 335800NSYTIQLQKUYP62 Mphasis Ltd N/A 16102.00000000 NS 459056.25000000 0.001963457486 Long EC CORP IN N 2 N N N Shriram Finance Ltd 335800TM2YO24B76XL26 Shriram Finance Ltd N/A 22757.00000000 NS 525169.98000000 0.002246236553 Long EC CORP IN N 2 N N N Bank of Changsha Co Ltd 300300C1086243000041 Bank of Changsha Co Ltd N/A 93100.00000000 NS 104719.89000000 0.000447903828 Long EC CORP CN N 2 N N N WuXi AppTec Co Ltd 254900OEPQLZSPLN9175 WuXi AppTec Co Ltd - H N/A 30185.00000000 NS 359959.80000000 0.001539606015 Long EC CORP HK Y 2 N N Celltrion Healthcare Co Ltd 988400KI4VU01I1E7I73 Celltrion Healthcare Co Ltd N/A 8682.00000000 NS 405269.62000000 0.001733403410 Long EC CORP KR N 2 N N N Petronas Gas Bhd N/A Petronas Gas BHD 670397900 232600.00000000 NS 834243.97000000 0.003568195766 Long EC CORP MY N 2 N N N ICICI Bank Ltd R7RX8ER1V4666J8D1I38 ICICI Bank Ltd N/A 835598.00000000 NS 9573278.48000000 0.040946453287 Long EC CORP IN N 2 N N N Sahara International Petrochemical Co N/A Sahara International Petrochemical Co N/A 76876.00000000 NS 776299.32000000 0.003320357170 Long EC CORP SA N 2 N N N MercadoLibre Inc 549300DKPDN9M5S8GB14 Mercadolibre, Inc 58733R102 12443.00000000 NS USD 15776230.84000000 0.067477479162 Long EC CORP US N 1 N N N Shanghai Fosun Pharmaceutical Group Co Ltd 300300DMUYLW3FP1OT73 Shanghai Fosun Pharmaceutical Group Co Ltd - H N/A 38500.00000000 NS 90034.22000000 0.000385090853 Long EC CORP HK N 2 N N N Leidos Holdings Inc 549300IUTGTP6EJP8124 Leidos Holdings, Inc 525327102 154.00000000 NS USD 14192.64000000 0.000060704206 Long EC CORP US N 1 N N N Ares Management Corp 529900JUV61FH7B8VW38 Ares Management Corp 03990B101 87280.00000000 NS USD 8978493.60000000 0.038402462600 Long EC CORP US N 1 N N N Corebridge Financial Inc 549300XY1661QCIA7J65 Corebridge Financial, Inc 21871X109 498967.00000000 NS USD 9854598.25000000 0.042149703234 Long EC CORP US N 1 N N N Hubbell Inc 54930088VDQ6840Y6597 Hubbell, Inc 443510607 157064.00000000 NS USD 49225428.24000000 0.210545081522 Long EC CORP US N 1 N N N China Conch Venture Holdings Ltd 836800AA0Q4R3O6ZDB17 China Conch Venture Holdings Ltd N/A 110500.00000000 NS 94053.44000000 0.000402281704 Long EC CORP HK N 2 N N N Samsung Fire & Marine Insurance Co Ltd 988400JMBDK47EW0Z936 Samsung Fire & Marine Insurance Co Ltd 615525904 6825.00000000 NS 1312626.18000000 0.005614313495 Long EC CORP KR N 2 N N N China Longyuan Power Group Corp Ltd 5299008UYLF3O6V9T464 China Longyuan Power Group Corp Ltd N/A 281000.00000000 NS 243704.05000000 0.001042361456 Long EC CORP HK N 2 N N N Hubei Feilihua Quartz Glass Co Ltd 300300D7Q9Z0S7B25G79 Hubei Feilihua Quartz Glass Co Ltd N/A 5900.00000000 NS 36614.35000000 0.000156605469 Long EC CORP CN N 2 N N N Jinko Solar Co Ltd 300300RHCPJNG9KTKT10 Jinko Solar Co Ltd N/A 83904.00000000 NS 116576.92000000 0.000498618254 Long EC CORP CN N 2 N N N Avery Dennison Corp 549300PW7VPFCYKLIV37 Avery Dennison Corp 053611109 96.00000000 NS USD 17536.32000000 0.000075005663 Long EC CORP US N 1 N N N Shenzhen Transsion Holdings Co Ltd 300300PDJRSNMVF0VJ83 Shenzhen Transsion Holdings Co Ltd N/A 11642.00000000 NS 233182.22000000 0.000997357895 Long EC CORP CN N 2 N N N Old Mutual Ltd 213800MON84ZWWPQCN47 Old Mutual Ltd N/A 1072285.00000000 NS 683000.31000000 0.002921302284 Long EC CORP ZA N 2 N N N IOI Corp Bhd N/A IOI Corp BHD B1Y3WG904 490500.00000000 NS 415146.91000000 0.001775650169 Long EC CORP MY N 2 N N N China CSSC Holdings Ltd N/A China CSSC Holdings Ltd N/A 61000.00000000 NS 233050.82000000 0.000996795876 Long EC CORP CN N 2 N N N H World Group Ltd 549300Y5ML31FVN83730 Huazhu Group Ltd (ADR) 44332N106 45174.00000000 NS USD 1781210.82000000 0.007618525439 Long EC CORP CN N 1 N N N Nintendo Co Ltd 353800FEEXU6I9M0ZF27 Nintendo Co Ltd 663955003 3335800.00000000 NS 138612300.74000000 0.592867125849 Long EC CORP JP N 2 N N N Shenzhen Dynanonic Co Ltd N/A Shenzhen Dynanonic Co Ltd N/A 2560.00000000 NS 26941.34000000 0.000115232448 Long EC CORP CN N 2 N N N British American Tobacco PLC 213800FKA5MF17RJKT63 British American Tobacco plc 028758902 647097.00000000 NS 20317990.75000000 0.086903317488 Long EC CORP GB N 2 N N N Bank of Nova Scotia/The L3I9ZG2KFGXZ61BMYR72 Bank of Nova Scotia 064149107 266360.00000000 NS 11938889.60000000 0.051064552894 Long EC CORP CA N 1 N N Euroapi SA 9695002FT7GGI3CKKJ14 Euroapi S.A. BV3885084 12037.00000000 NS 151570.72000000 0.000648292371 Long EC CORP FR N 2 N N Land Securities Group PLC 213800V8IAVKS37D6B88 Land Securities Group plc G5375M142 224652.00000000 NS 1610311.39000000 0.006887561063 Long EC CORP GB N 2 N N N China Great Wall Securities Co Ltd 300300E1006344000004 China Great Wall Securities Co Ltd N/A 9700.00000000 NS 11073.59000000 0.000047363527 Long EC CORP CN N 2 N N N Live Nation Entertainment Inc 5493007B9BM9ZXJINO78 Live Nation, Inc 538034109 191.00000000 NS USD 15860.64000000 0.000067838510 Long EC CORP US N 1 N N N American Express Co R4PP93JZOLY261QX3811 American Express Co 025816109 246038.00000000 NS USD 36706409.22000000 0.156999221702 Long EC CORP US N 1 N N N Anhui Honglu Steel Construction Group Co Ltd 300300P819515FEOQM63 Anhui Honglu Steel Construction Group Co Ltd N/A 5630.00000000 NS 21880.67000000 0.000093587148 Long EC CORP CN N 2 N N N Hualan Biological Engineering Inc N/A Hualan Biological Engineering, Inc N/A 329360.00000000 NS 1002651.65000000 0.004288502526 Long EC CORP CN N 2 N N N Larsen & Toubro Ltd 3358003FR3JIC5FRXA90 Larsen & Toubro Ltd B0166K905 151026.00000000 NS 5487209.91000000 0.023469680186 Long EC CORP IN N 2 N N N Trane Technologies PLC 549300BURLR9SLYY2705 Trane Technologies plc G8994E103 221328.00000000 NS USD 44909664.48000000 0.192085865114 Long EC CORP US N 1 N N N Guangzhou Great Power Energy & Technology Co Ltd N/A Guangzhou Great Power Energy & Technology Co Ltd N/A 5800.00000000 NS 26296.27000000 0.000112473380 Long EC CORP CN N 2 N N N Brown & Brown Inc 549300PC8KTJ71XKFY89 Brown & Brown, Inc 115236101 285.00000000 NS USD 19904.40000000 0.000085134323 Long EC CORP US N 1 N N N Yihai International Holding Ltd 3003004D79NRTSL70K40 Yihai International Holding Ltd N/A 117000.00000000 NS 200739.37000000 0.000858594603 Long EC CORP HK N 2 N N N Galaxy Entertainment Group Ltd 549300ZSEBV3HR826S10 Galaxy Entertainment Group Ltd 646587006 284000.00000000 NS 1699348.26000000 0.007268386090 Long EC CORP HK N 2 N N N Brookfield Reinsurance Ltd 9845004583U3B8E06924 Brookfield Reinsurance Ltd N/A 423.00000000 NS 13220.21000000 0.000056544966 Long EC CORP CA N 1 N N N Zhongsheng Group Holdings Ltd 3003005VYMEBAJNJ2Y26 Zhongsheng Group Holdings Ltd N/A 187500.00000000 NS 524977.64000000 0.002245413883 Long EC CORP HK N 2 N N N Shennan Circuits Co Ltd 300300VRJEDEV10SPJ55 Shennan Circuits Co Ltd N/A 4680.00000000 NS 42766.10000000 0.000182917494 Long EC CORP CN N 2 N N N Fibra Uno Administracion SA de CV N/A Fibra Uno Administracion S.A. de C.V. N/A 611400.00000000 NS 1019146.18000000 0.004359052287 Long EC CORP MX N 1 N N N Equinor ASA OW6OFBNCKXC4US5C7523 Equinor ASA R8413J103 3354061.00000000 NS 109919388.75000000 0.470142921915 Long EC CORP NO N 2 N N N Infosys Ltd 335800TYLGG93MM7PR89 Infosys Technologies Ltd 620512905 271174.00000000 NS 4660210.28000000 0.019932469627 Long EC CORP IN N 2 N N N Fox Corp 549300DDU6FDRBIELS05 Fox Corp (Class A) 35137L105 319.00000000 NS USD 9952.80000000 0.000042569727 Long EC CORP US N 1 N N N UBS Group AG 549300SZJ9VS8SGXAN81 UBS Group AG N/A 816244.00000000 NS 20105877.19000000 0.085996073643 Long EC CORP CH N 2 N N N PPL Corp 9N3UAJSNOUXFKQLF3V18 PPL Corp 69351T106 873.00000000 NS USD 20567.88000000 0.000087972134 Long EC CORP US N 1 N N N Innovent Biologics Inc 25490058ONL9SCIE1R22 Innovent Biologics, Inc N/A 369500.00000000 NS 1794765.96000000 0.007676502955 Long EC CORP HK Y 2 N N N Richter Gedeon Nyrt 549300J6ZJW5IH4WEE46 Richter Gedeon Rt N/A 34470.00000000 NS 834342.23000000 0.003568616040 Long EC CORP HU N 2 N N N China National Building Material Co Ltd 52990085PGF8YEPLBZ26 China National Building Material Co Ltd B0Y91C906 328000.00000000 NS 171537.60000000 0.000733693931 Long EC CORP HK N 2 N N N United States Treasury Bill 254900HROIFWPRGM1V77 United States Treasury Bill 912796YT0 38025000.00000000 PA USD 37851785.48000000 0.161898180363 Long STIV UST US N 2 N N N Tyson Foods Inc WD6L6041MNRW1JE49D58 Tyson Foods, Inc (Class A) 902494103 338.00000000 NS USD 17065.62000000 0.000072992404 Long EC CORP US N 1 N N N EssilorLuxottica SA 549300M3VH1A3ER1TB49 Essilor International S.A. F31668100 214281.00000000 NS 37273237.17000000 0.159423636099 Long EC CORP FR N 2 N N N Guangzhou Tinci Materials Technology Co Ltd 836800Y28XV3QK34CB65 Guangzhou Tinci Materials Technology Co Ltd N/A 24600.00000000 NS 91306.36000000 0.000390532001 Long EC CORP CN N 2 N N N Eve Energy Co Ltd 300300FTCIO530XV7T38 Eve Energy Co Ltd N/A 23670.00000000 NS 146980.88000000 0.000628660886 Long EC CORP CN N 2 N N N Flutter Entertainment PLC 635400EG4YIJLJMZJ782 Flutter Entertainment plc N/A 69166.00000000 NS 11283072.14000000 0.048259516036 Long EC CORP IE N 2 N N N Enel SpA WOCMU6HCI0OJWNPRZS33 Enel S.p.A. 714456902 9004841.00000000 NS 55224366.41000000 0.236203505861 Long EC CORP IT N 2 N N N Segro PLC 213800XC35KGM9NFC641 Segro plc N/A 263090.00000000 NS 2300468.23000000 0.009839472978 Long EC CORP GB N 2 N N N HD Korea Shipbuilding & Offshore Engineering Co Ltd 988400DPTJ9KH5R6W540 Hyundai Heavy Industries 644662900 9773.00000000 NS 803207.63000000 0.003435448344 Long EC CORP KR N 2 N N N Beiqi Foton Motor Co Ltd 3003001SZQ9DJEIWZK14 Beiqi Foton Motor Co Ltd N/A 105700.00000000 NS 50215.03000000 0.000214777767 Long EC CORP CN N 2 N N N Marathon Oil Corp 1FRVQX2CRLGC1XLP5727 Marathon Oil Corp 565849106 731.00000000 NS USD 19554.25000000 0.000083636675 Long EC CORP US N 1 N N N Henkel AG & Co KGaA 549300VZCL1HTH4O4Y49 Henkel KGaA D3207M102 38555.00000000 NS 2430956.53000000 0.010397592445 Long EC CORP DE N 2 N N N Lattice Semiconductor Corp 549300LRBBPZDQ2II567 Lattice Semiconductor Corp 518415104 163.00000000 NS USD 14006.59000000 0.000059908440 Long EC CORP US N 1 N N N Regency Centers Corp 529900053A7X7FJ97S58 Regency Centers Corp 758849103 134430.00000000 NS USD 7990519.20000000 0.034176737034 Long EC CORP US N 1 N N N Inner Mongolia Yitai Coal Co Ltd 529900OW9OHPX81B0T69 Inner Mongolia Yitai Coal Co N/A 298200.00000000 NS USD 417570.95000000 0.001786018179 Long EC CORP CN N 2 N N N Omron Corp 549300ZHW0TR2QZ0NY83 Omron Corp J61374120 128811.00000000 NS 5732272.66000000 0.024517853021 Long EC CORP JP N 2 N N N Hangzhou Chang Chuan Technology Co Ltd N/A Hangzhou Chang Chuan Technology Co Ltd N/A 7800.00000000 NS 35828.52000000 0.000153244348 Long EC CORP CN N 2 N N N National Bank of Greece SA 5UMCZOEYKCVFAW8ZLO05 National Bank of Greece S.A. N/A 42210.00000000 NS 237635.05000000 0.001016403366 Long EC CORP GR N 2 N N N Sunwoda Electronic Co Ltd 836800CQGW5QDXND0Q43 Sunwoda Electronic Co Ltd N/A 19300.00000000 NS 44801.67000000 0.000191623955 Long EC CORP CN N 2 N N N Amphenol Corp 549300D3L3G0R4U4VT04 Amphenol Corp (Class A) 032095101 705.00000000 NS USD 59212.95000000 0.000253263320 Long EC CORP US N 1 N N N Darling Ingredients Inc L1N0SPPKS7EXZYUMZ898 Darling International, Inc 237266101 189.00000000 NS USD 9865.80000000 0.000042197614 Long EC CORP US N 1 N N N Kering SA 549300VGEJKB7SVUZR78 Kering F5433L103 122271.00000000 NS 55555396.07000000 0.237619373010 Long EC CORP FR N 2 N N N China Vanke Co Ltd 529900E66UJ2DWY7KW55 China Vanke Co Ltd (Class A) N/A 139400.00000000 NS 251099.86000000 0.001073994526 Long EC CORP CN N 2 N N N Zoom Video Communications Inc 549300T9GCHU0ODOM055 Zoom Video Communications, Inc 98980L101 282.00000000 NS USD 19723.08000000 0.000084358788 Long EC CORP US N 1 N N N Fairfax Financial Holdings Ltd GLS7OQD0WOEDI8YAP031 Fairfax Financial Holdings Ltd 303901102 5872.00000000 NS 4793445.57000000 0.020502338413 Long EC CORP CA N 1 N N N Zhongtai Securities Co Ltd 300300E1012137000054 Zhongtai Securities Co Ltd N/A 78600.00000000 NS 76648.76000000 0.000327839086 Long EC CORP CN N 2 N N N Allianz SE 529900K9B0N5BT694847 Allianz AG. D03080112 47872.00000000 NS 11392392.50000000 0.048727096815 Long EC CORP DE N 2 N N N Will Semiconductor Co Ltd Shanghai 8368000MFHXX01GPND38 Will Semiconductor Co Ltd N/A 15090.00000000 NS 193055.21000000 0.000825728213 Long EC CORP CN N 2 N N N Innovative Industrial Properties Inc 5493008BQ0545EZXRR30 Innovative Industrial Properties, Inc 45781V101 13394.00000000 NS USD 1013390.04000000 0.004334432349 Long EC CORP US N 1 N N N Power Finance Corp Ltd 3358003Q6D9LIJJZ1614 Power Finance Corp Ltd N/A 62031.75000000 NS 188169.11000000 0.000804829577 Long EC CORP IN N 2 N N N Rongsheng Petrochemical Co Ltd N/A Rongsheng Petrochemical Co Ltd N/A 126850.00000000 NS 207326.31000000 0.000886768005 Long EC CORP CN N 2 N N N China Merchants Port Holdings Co Ltd 529900GA4UH90FUOR048 China Merchants Holdings International Co Ltd 641613005 115426.00000000 NS 143478.72000000 0.000613681584 Long EC CORP HK N 2 N N N Beijing Roborock Technology Co Ltd N/A Beijing Roborock Technology Co Ltd N/A 580.00000000 NS 23453.95000000 0.000100316320 Long EC CORP CN N 2 N N N Zhuzhou Kibing Group Co Ltd 300300RWM4DKUZFOIT68 Zhuzhou Kibing Group Co Ltd N/A 29900.00000000 NS 33666.20000000 0.000143995757 Long EC CORP CN N 2 N N N Adani Green Energy Ltd 335800ZBBU81OH211H17 Adani Green Energy Ltd N/A 67974.00000000 NS 808038.58000000 0.003456111095 Long EC CORP IN N 2 N N N Pop Mart International Group Ltd 9845000A05E8F937E337 Pop Mart International Group Ltd N/A 106000.00000000 NS 311790.17000000 0.001333576753 Long EC CORP HK Y 2 N N N Etsy Inc 54930089Q7XT501AEA40 Etsy, Inc 29786A106 8247.00000000 NS USD 532591.26000000 0.002277978562 Long EC CORP US N 1 N N N Anhui Kouzi Distillery Co Ltd N/A Anhui Kouzi Distillery Co Ltd N/A 9100.00000000 NS 64783.34000000 0.000277088774 Long EC CORP CN N 2 N N N Huaxi Securities Co Ltd 300300D66HSOBZQCV606 Huaxi Securities Co Ltd N/A 14200.00000000 NS 16242.75000000 0.000069472856 Long EC CORP CN N 2 N N N T-Mobile US Inc 549300QHIJYOHPACPG31 T-Mobile US, Inc 872590104 271645.00000000 NS USD 38043882.25000000 0.162719809174 Long EC CORP US N 1 N N N S&P Global Inc Y6X4K52KMJMZE7I7MY94 S&P Global, Inc 78409V104 66614.00000000 NS USD 24341421.74000000 0.104112179575 Long EC CORP US N 1 N N N Meta Platforms Inc BQ4BKCS1HXDV9HN80Z93 Meta Platforms, Inc 30303M102 1338792.00000000 NS USD 401918746.32000000 1.719071184040 Long EC CORP US N 1 N N N ORLEN SA 259400VVMM70CQREJT74 Polski Koncern Naftowy Orlen S.A. 581006905 140196.00000000 NS 1878314.15000000 0.008033852014 Long EC CORP PL N 2 N N N Aeon Mall Co Ltd 353800IDE3ULLSB2R846 Aeon Mall Co Ltd 653420901 300.00000000 NS 3530.80000000 0.000015101800 Long EC CORP JP N 2 N N N Air China Ltd 213800I9TWC9K22N4502 Air China Ltd N/A 55700.00000000 NS 61803.34000000 0.000264342835 Long EC CORP CN N 2 N N N B3 SA - Brasil Bolsa Balcao 4GTK5S46E6H318LMDS44 B3 SA-Brasil Bolsa Balcao N/A 1323600.00000000 NS 3236224.45000000 0.013841852981 Long EC CORP BR N 1 N N N Tesla Inc 54930043XZGB27CTOV49 Tesla, Inc 88160R101 1276234.00000000 NS USD 319339271.48000000 1.365865475447 Long EC CORP US N 1 N N N Orsted AS W9NG6WMZIYEU8VEDOG48 Orsted AS N/A 74371.00000000 NS 4046018.74000000 0.017305473530 Long EC CORP DK Y 2 N N N Grupo Financiero Inbursa SAB de CV N/A Grupo Financiero Inbursa S.A. N/A 145727.00000000 NS 286562.29000000 0.001225673048 Long EC CORP MX N 1 N N N Dongfang Electric Corp Ltd 529900ISAW6T566F0R12 Dongfang Electric Corp Ltd N/A 39000.00000000 NS 83613.63000000 0.000357628956 Long EC CORP CN N 2 N N N China Railway Signal & Communication Corp Ltd 529900GK68ZHDM38WD21 China Railway Signal & Communication Corp Ltd N/A 180220.00000000 NS 130425.83000000 0.000557852272 Long EC CORP CN N 2 N N N Qinghai Salt Lake Industry Co Ltd 300300Q8WSV1OODU9092 Qinghai Salt Lake Industry Co Ltd N/A 69100.00000000 NS 162791.95000000 0.000696287378 Long EC CORP CN N 2 N N N Anhui Jianghuai Automobile Group Corp Ltd 300300KQABCMFKN2E931 Anhui Jianghuai Automobile Group Corp Ltd N/A 25600.00000000 NS 46280.27000000 0.000197948165 Long EC CORP CN N 2 N N N Bajaj Finserv Ltd 3358001EH4I4IDMGQ326 Bajaj Finserv Ltd N/A 30558.00000000 NS 564950.88000000 0.002416385866 Long EC CORP IN N 2 N N N Hindustan Unilever Ltd 5493007IW5N37IKRPM32 Hindustan Lever Ltd 626167902 177929.00000000 NS 5276846.38000000 0.022569921501 Long EC CORP IN N 2 N N N Zhejiang China Commodities City Group Co Ltd 300300UELW04DCUGGZ27 Zhejiang China Commodities City Group Co Ltd N/A 44100.00000000 NS 54600.33000000 0.000233534401 Long EC CORP CN N 2 N N N Aspen Pharmacare Holdings Ltd 635400ZYSN1IRD5QWQ94 Aspen Pharmacare Holdings Ltd B09C0Z907 79255.00000000 NS 719223.30000000 0.003076233843 Long EC CORP ZA N 2 N N TMX Group Ltd 549300N65GFVKSHGJW59 TMX Group Ltd 87262K105 61860.00000000 NS 1329426.39000000 0.005686170698 Long EC CORP CA N 1 N N N FMC Corp CKDHZ2X64EEBQCSP7013 FMC Corp 302491303 148.00000000 NS USD 9911.56000000 0.000042393337 Long EC CORP US N 1 N N N International Business Machines Corp VGRQXHF3J8VDLUA7XE92 International Business Machines Corp 459200101 1075.00000000 NS USD 150822.50000000 0.000645092113 Long EC CORP US N 1 N N N Clarivate PLC 549300WDHIIODXFO0R55 Clarivate plc G21810109 820.00000000 NS USD 5502.20000000 0.000023533795 Long EC CORP US N 1 N N Dino Polska SA 259400H4L81SMPRTW956 Dino Polska S.A. N/A 10222.00000000 NS 828427.59000000 0.003543318173 Long EC CORP PL Y 2 N N N Deutsche Telekom AG 549300V9QSIG4WX4GJ96 Deutsche Telekom AG. 584235907 668799.00000000 NS 14029258.42000000 0.060005396872 Long EC CORP DE N 2 N N N Gotion High-tech Co Ltd 300300J1NKV8ZBF0KN15 Gotion High-tech Co Ltd N/A 18500.00000000 NS 58977.28000000 0.000252255321 Long EC CORP CN N 2 N N N A O Smith Corp 549300XG4US7UJNECY36 A.O. Smith Corp 831865209 147.00000000 NS USD 9721.11000000 0.000041578752 Long EC CORP US N 1 N N N Sailun Group Co Ltd 300300GF13IPLVWINQ61 Sailun Group Co Ltd N/A 31700.00000000 NS 55018.46000000 0.000235322810 Long EC CORP CN N 2 N N N Tianshui Huatian Technology Co Ltd N/A Tianshui Huatian Technology Co Ltd N/A 62900.00000000 NS 77479.87000000 0.000331393877 Long EC CORP CN N 2 N N N Ozon Holdings PLC 213800GXSI7E5V776B13 Ozon Holdings plc (ADR) 69269L104 12672.00000000 NS USD 126.72000000 0.000000542001 Long EC CORP CY N 3 N N Sandvik AB 5299008ZUAXN43LVZF54 Sandvik AB B1VQ25903 1231856.00000000 NS 22666577.38000000 0.096948600610 Long EC CORP SE N 2 N N N Bangkok Expressway & Metro PCL 529900A653WRN6DJXS19 Bangkok Expressway & Metro PCL N/A 1489100.00000000 NS 338621.85000000 0.001448340168 Long EC CORP TH N 2 N N N Wolfspeed Inc 549300OGU88P3AW3TO93 Wolfspeed, Inc 977852102 147.00000000 NS USD 5600.70000000 0.000023955095 Long EC CORP US N 1 N N N Westrock Co 5493004Z9TCQW68YVL89 Westrock Co 96145D105 33984.00000000 NS USD 1216627.20000000 0.005203710402 Long EC CORP US N 1 N N N WPP PLC 549300LSGBXPYHXGDT93 WPP plc G9788D103 256977.00000000 NS 2289488.06000000 0.009792509023 Long EC CORP GB N 2 N N N General Dynamics Corp 9C1X8XOOTYY2FNYTVH06 General Dynamics Corp 369550108 276.00000000 NS USD 60987.72000000 0.000260854297 Long EC CORP US N 1 N N N Hoshine Silicon Industry Co Ltd 300300RQV6XQFC4OVX72 Hoshine Silicon Industry Co Ltd N/A 9500.00000000 NS 78839.07000000 0.000337207394 Long EC CORP CN N 2 N N N Bandhan Bank Ltd 335800Q13QAC32IOCH33 Bandhan Bank Ltd N/A 54636.00000000 NS 165012.13000000 0.000705783445 Long EC CORP IN Y 2 N N N Ecopro BM Co Ltd N/A Ecopro BM Co Ltd N/A 10590.00000000 NS 1978243.99000000 0.008461268028 Long EC CORP KR N 2 N N N Ming Yang Smart Energy Group Ltd 300300W76R6UJHEZL847 Ming Yang Smart Energy Group Ltd N/A 27400.00000000 NS 59291.92000000 0.000253601087 Long EC CORP CN N 2 N N N CVS Health Corp 549300EJG376EN5NQE29 CVS Health Corp 126650100 286511.00000000 NS USD 20004198.02000000 0.085561175463 Long EC CORP US N 1 N N N Hong Kong & China Gas Co Ltd 254900P7BETXGC7YU827 Hong Kong & China Gas Ltd Y33370100 2078806.00000000 NS 1446405.34000000 0.006186508500 Long EC CORP HK N 2 N N N GoDaddy Inc 549300J8H1TB0I2CB447 GoDaddy, Inc 380237107 173.00000000 NS USD 12885.04000000 0.000055111390 Long EC CORP US N 1 N N N Borussia Dortmund GmbH & Co KGaA 529900XO0YTOOKCLQB44 Borussia Dortmund GmbH & Co KGaA N/A 695114.00000000 NS 2884519.16000000 0.012337552834 Long EC CORP DE N 2 N N N Takeda Pharmaceutical Co Ltd 549300ZLMVP4X0OGR454 Takeda Pharmaceutical Co Ltd J8129E108 420900.00000000 NS 13046427.32000000 0.055801670028 Long EC CORP JP N 2 N N N Kroger Co/The 6CPEOKI6OYJ13Q6O7870 Kroger Co 501044101 807.00000000 NS USD 36113.25000000 0.000154462184 Long EC CORP US N 1 N N N ROYAL BK/SCOTLAND PLC,SECUR SERVS,LONDON N/A Royal Bank of Scotland 929FGT005 5000000.00000000 PA USD 5000000.00000000 0.021385804964 Long RA CORP US N 2 Repurchase Y 5.29000000 2023-10-02 5000000.00000000 USD 5100031.38000000 USD UST N N LG Chem Ltd 988400IES4EIG7O06940 LG Chem Ltd 634691901 10668.00000000 NS 3905940.84000000 0.016706337801 Long EC CORP KR N 2 N N N Xiaomi Corp 2549001ACVFAZRNMKL32 Xiaomi Corp N/A 3231400.00000000 NS 5062333.41000000 0.021652414993 Long EC CORP CN Y 2 N N N Infineon Technologies AG TSI2PJM6EPETEQ4X1U25 Infineon Technologies AG. 588950907 960519.00000000 NS 31813098.10000000 0.136069742253 Long EC CORP DE N 2 N N N Jinduicheng Molybdenum Co Ltd N/A Jinduicheng Molybdenum Co Ltd N/A 57600.00000000 NS 87698.59000000 0.000375100988 Long EC CORP CN N 2 N N N Bank of China Ltd 54930053HGCFWVHYZX42 Bank of China Ltd - A N/A 215500.00000000 NS 111383.68000000 0.000476405931 Long EC CORP CN N 2 N N N PSP Swiss Property AG 50670042Y437P8X44F56 PSP Swiss Property AG. B01287901 10209.00000000 NS 1204476.15000000 0.005151738405 Long EC CORP CH N 2 N N N ORIX Corp 35380016EMHNBOVYE123 ORIX Corp 666114004 288300.00000000 NS 5383251.09000000 0.023025031576 Long EC CORP JP N 2 N N N Yuexiu Property Co Ltd 529900GASK6R1FD08W10 Yuexiu Property Co Ltd N/A 407360.00000000 NS 468249.29000000 0.002002777598 Long EC CORP HK N 2 N N N Shan Xi Hua Yang Group New Energy Co Ltd 300300L5SFN6WQCTM144 Shan XI Hua Yang Group New Energy Co Ltd N/A 83700.00000000 NS 96612.38000000 0.000413226703 Long EC CORP CN N 2 N N N JSR Corp 353800TL8FC0AWR22506 JSR Corp 647098003 32573.00000000 NS 873846.24000000 0.003737581051 Long EC CORP JP N 2 N N N Sangfor Technologies Inc N/A Sangfor Technologies, Inc N/A 2500.00000000 NS 31986.59000000 0.000136811795 Long EC CORP CN N 2 N N N Oppein Home Group Inc 6556007044PK3S44WF71 Oppein Home Group, Inc N/A 5840.00000000 NS 76969.78000000 0.000329212140 Long EC CORP CN N 2 N N N Sichuan New Energy Power Co Ltd 300300DO5BIWPN5EF055 Sichuan New Energy Power Co Ltd N/A 12500.00000000 NS 20406.63000000 0.000087282441 Long EC CORP CN N 2 N N N Yanbu National Petrochemical Co N/A Yanbu National Petrochemical Co N/A 61427.00000000 NS 682160.59000000 0.002917710666 Long EC CORP SA N 2 N N N Host Hotels & Resorts Inc N6EL63S0K3PB1YFTDI24 Host Marriott Corp 44107P104 164224.00000000 NS USD 2639079.68000000 0.011287768664 Long EC CORP US N 1 N N N Hebei Yangyuan Zhihui Beverage Co Ltd 3003004AF7PK0KCXCJ17 Hebei Yangyuan Zhihui Beverage Co Ltd N/A 29200.00000000 NS 97893.19000000 0.000418704933 Long EC CORP CN N 2 N N N Deere & Co PWFTNG3EI0Y73OXWDH08 Deere & Co 244199105 140142.00000000 NS USD 52886787.96000000 0.226205306497 Long EC CORP US N 1 N N N Hangzhou Binjiang Real Estate Group Co Ltd 300300W1Q832W2SP5417 Hangzhou Binjiang Real Estate Group Co Ltd N/A 56000.00000000 NS 73787.94000000 0.000315602898 Long EC CORP CN N 2 N N N Intel Corp KNX4USFCNGPY45LOCE31 Intel Corp 458140100 2831655.00000000 NS USD 100665335.25000000 0.430561845259 Long EC CORP US N 1 N N N Lowe's Cos Inc WAFCR4OKGSC504WU3E95 Lowe's Cos, Inc 548661107 96807.00000000 NS USD 20120366.88000000 0.086058048380 Long EC CORP US N 1 N N N Caesars Entertainment Inc 549300FA4CTCW903Y781 Caesars Entertainment, Inc 12769G100 255.00000000 NS USD 11819.25000000 0.000050552835 Long EC CORP US N 1 N N N Saudi Industrial Investment Group N/A Saudi Industrial Investment Group N/A 78035.00000000 NS 494951.80000000 0.002116988532 Long EC CORP SA N 2 N N N Lotte Chemical Corp 988400TPNFJZDPI94Y56 Honam Petrochemical Corp 644002909 4237.00000000 NS 430161.51000000 0.001839870031 Long EC CORP KR N 2 N N N AMMB Holdings Bhd 254900R0GQB7U67SCH62 AMMB Holdings BHD 604702001 115500.00000000 NS 90936.22000000 0.000388948853 Long EC CORP MY N 2 N N N Capitaland Investment Ltd/Singapore 254900AT4UQDU7SNXX49 Capitaland Investment Ltd N/A 491142.00000000 NS 1109763.56000000 0.004746637410 Long EC CORP SG N 2 N N N Kilroy Realty Corp 549300CXXI18B214UN80 Kilroy Realty Corp 49427F108 20421.00000000 NS USD 645507.81000000 0.002760940825 Long EC CORP US N 1 N N N Sekisui House Ltd 529900GMNDOYQSAJAE76 Sekisui House Ltd J70746136 149600.00000000 NS 2977254.86000000 0.012734198352 Long EC CORP JP N 2 N N N Murata Manufacturing Co Ltd 529900QZG6DL8ZRI7140 Murata Manufacturing Co Ltd J46840104 953400.00000000 NS 17392066.10000000 0.074388666707 Long EC CORP JP N 2 N N N Petronet LNG Ltd 335800KIIKNA7GRD9351 Petronet LNG Ltd B00KT6901 193907.00000000 NS 558897.24000000 0.002390493473 Long EC CORP IN N 2 N N N StarPower Semiconductor Ltd N/A StarPower Semiconductor Ltd N/A 1900.00000000 NS 46884.83000000 0.000200533966 Long EC CORP CN N 2 N N N Beijing Tongrentang Co Ltd N/A Beijing Tongrentang Co Ltd N/A 6900.00000000 NS 51749.65000000 0.000221341584 Long EC CORP CN N 2 N N N Globe Life Inc 5493001JFHKQOPP6XA71 Globe Life, Inc 37959E102 135790.00000000 NS USD 14764446.70000000 0.063149915505 Long EC CORP US N 1 N N N Korea Aerospace Industries Ltd N/A Korea Aerospace Industries Ltd N/A 15881.00000000 NS 573221.29000000 0.002451759741 Long EC CORP KR N 2 N N N Otsuka Holdings Co Ltd N/A Otsuka Holdings Co Ltd N/A 196200.00000000 NS 6966098.57000000 0.029795125075 Long EC CORP JP N 2 N N N Shanxi Coal International Energy Group Co Ltd 3003003UR8BIGZQWJO77 Shanxi Coal International Energy Group Co Ltd N/A 36000.00000000 NS 92925.29000000 0.000397456425 Long EC CORP CN N 2 N N N Ferguson PLC 213800DU1LGY3R2S2X42 Ferguson plc N/A 116158.00000000 NS 19116135.83000000 0.081762790505 Long EC CORP GB N 2 N N N Asahi Intecc Co Ltd 353800J3AV2SCNIO8L39 Asahi Intecc Co Ltd N/A 195500.00000000 NS 3504996.34000000 0.014991433625 Long EC CORP JP N 2 N N N Marsh & McLennan Cos Inc 549300XMP3KDCKJXIU47 Marsh & McLennan Cos, Inc 571748102 113336.00000000 NS USD 21567840.80000000 0.092249127368 Long EC CORP US N 1 N N N Hengyi Petrochemical Co Ltd 300300QRLJCH8BPJVS66 Hengyi Petrochemical Co Ltd N/A 49430.00000000 NS 49869.20000000 0.000213298596 Long EC CORP CN N 2 N N N CIMB Group Holdings Bhd 549300FYDN5UD7USZW18 Bumiputra-Commerce Holdings BHD 607574001 519179.00000000 NS 599776.39000000 0.002565340179 Long EC CORP MY N 2 N N N Shanghai Electric Power Co Ltd 3003009ZN0X3RFO4QY68 Shanghai Electric Power Co Ltd N/A 15300.00000000 NS 18570.50000000 0.000079429018 Long EC CORP CN N 2 N N N Huadong Medicine Co Ltd 300300WEZ30P69YUQZ42 Huadong Medicine Co Ltd N/A 9740.00000000 NS 56460.82000000 0.000241492016 Long EC CORP CN N 2 N N N China Energy Engineering Corp Ltd 30030095F4B9XDN9QY57 China Energy Engineering Corp Ltd N/A 480900.00000000 NS 149046.97000000 0.000637497886 Long EC CORP CN N 2 N N N Sunny Optical Technology Group Co Ltd 3003004QIVP0DFVVWM94 Sunny Optical Technology Group Co Ltd N/A 58700.00000000 NS 406806.08000000 0.001739975097 Long EC CORP HK N 2 N N N Mosaic Co/The 2YD5STGSJNMUB7H76907 Mosaic Co 61945C103 393.00000000 NS USD 13990.80000000 0.000059840904 Long EC CORP US N 1 N N N Ferrari NV 549300RIVY5EX8RCON76 Ferrari NV N/A 129794.00000000 NS 38261388.48000000 0.163650118337 Long EC CORP IT N 2 N N N Shenzhen Mindray Bio-Medical Electronics Co Ltd N/A Shenzhen Mindray Bio-Medical Electronics Co Ltd N/A 5700.00000000 NS 211801.35000000 0.000905908472 Long EC CORP CN N 2 N N N Sona Blw Precision Forgings Ltd 335800LEL76GE6551Q27 Sona Blw Precision Forgings Ltd N/A 85461.00000000 NS 599213.38000000 0.002562932095 Long EC CORP IN Y 2 N N N Metropolitan Bank & Trust Co 549300SQYI82RVWFN715 Metropolitan Bank & Trust 651444903 133823.00000000 NS 127596.08000000 0.000545748976 Long EC CORP PH N 2 N N N Samsung Life Insurance Co Ltd 988400VYE6E0WYSM4S92 Samsung Life Insurance Co Ltd N/A 17479.00000000 NS 909272.50000000 0.003889104868 Long EC CORP KR N 2 N N N Contemporary Amperex Technology Co Ltd 300300KINDY1K0E9I032 Contemporary Amperex Technology Co Ltd N/A 57180.00000000 NS 1597191.50000000 0.006831445181 Long EC CORP CN N 2 N N N Jack Henry & Associates Inc 529900X1QS8C54W0JB21 Jack Henry & Associates, Inc 426281101 86.00000000 NS USD 12998.04000000 0.000055594709 Long EC CORP US N 1 N N N Lockheed Martin Corp DPRBOZP0K5RM2YE8UU08 Lockheed Martin Corp 539830109 270.00000000 NS USD 110419.20000000 0.000472280695 Long EC CORP US N 1 N N N Qantas Airways Ltd YLXNW6TI6QSK1H8H0N82 Qantas Airways Ltd 671034908 203808.00000000 NS 674703.20000000 0.002885814208 Long EC CORP AU N 2 N N N Agree Realty Corp N/A Agree Realty Corp 008492100 11908.00000000 NS USD 657797.92000000 0.002813507604 Long EC CORP US N 1 N N N Berli Jucker PCL N/A Berli Jucker PCL N/A 204400.00000000 NS 172157.43000000 0.000736345044 Long EC CORP TH N 2 N N N Energisa S/A N/A Energisa S.A. N/A 43600.00000000 NS 405506.76000000 0.001734417696 Long EC CORP BR N 1 N N N ABB India Ltd 5493001BUNB8WEF9JI21 ABB Ltd India B1Y9QS902 11644.00000000 NS 573599.95000000 0.002453379331 Long EC CORP IN N 2 N N N Dominion Energy Inc ILUL7B6Z54MRYCF6H308 Dominion Energy, Inc 25746U109 726759.00000000 NS USD 32464324.53000000 0.138855142537 Long EC CORP US N 1 N N N SCB X PCL 254900TG41KIWX7VDO42 SCB X PCL N/A 190500.00000000 NS 535143.55000000 0.002288895117 Long EC CORP TH N 2 N N N Unisplendour Corp Ltd 300300Z3RHZRXCNTRC53 Unisplendour Corp Ltd N/A 44400.00000000 NS 143492.83000000 0.000613741935 Long EC CORP CN N 2 N N N Ameriprise Financial Inc 6ZLKQF7QB6JAEKQS5388 Ameriprise Financial, Inc 03076C106 73568.00000000 NS USD 24253898.24000000 0.103737827475 Long EC CORP US N 1 N N N Shanghai Junshi Biosciences Co Ltd 300300L36FLCKN0WXW06 Shanghai Junshi Biosciences Co Ltd N/A 8618.00000000 NS 45425.89000000 0.000194293844 Long EC CORP CN N 2 N N N Healthcare Realty Trust Inc 549300L0I14L7I0VLX84 Healthcare Realty Trust, Inc 42225P501 27514.00000000 NS USD 420138.78000000 0.001797001201 Long EC CORP US N 1 N N N NIKE Inc 787RXPR0UX0O0XUXPZ81 Nike, Inc (Class B) 654106103 971130.00000000 NS USD 92859450.60000000 0.397174819920 Long EC CORP US N 1 N N N Marriott International Inc/MD 225YDZ14ZO8E1TXUSU86 Marriott International, Inc (Class A) 571903202 16507.00000000 NS USD 3244615.92000000 0.013877744649 Long EC CORP US N 1 N N N Li Ning Co Ltd 529900T77L2FV3FZ3U81 Li Ning Co Ltd B01JCK900 510000.00000000 NS 2129597.17000000 0.009108629945 Long EC CORP HK N 2 N N N Aneka Tambang Tbk 529900LRE2NALSSHMB80 PT Aneka Tambang Tbk 605385905 1506700.00000000 NS 176324.65000000 0.000754168915 Long EC CORP ID N 2 N N N NCSoft Corp N/A NCSoft Corp 626418909 1093.00000000 NS 179700.77000000 0.000768609123 Long EC CORP KR N 2 N N N Energy Absolute PCL 549300YNVU2DM30XBZ14 Energy Absolute PCL N/A 337097.00000000 NS 470678.56000000 0.002013167976 Long EC CORP TH N 2 N N N DHC Software Co Ltd 300300NIFA1100061160 DHC Software Co Ltd N/A 10400.00000000 NS 9265.50000000 0.000039630035 Long EC CORP CN N 2 N N N Tube Investments of India Ltd 335800Z8CKZ11SGVKE64 Tube Investments of India Ltd N/A 22286.00000000 NS 799769.33000000 0.003420742181 Long EC CORP IN N 2 N N N Avantor Inc 5493003VM0XB4U8YD238 Avantor, Inc 05352A100 799.00000000 NS USD 16842.92000000 0.000072039880 Long EC CORP US N 1 N N N Electricity Generating PCL 5299009MZ255FT79SF55 Electricity Generating PCL 630464907 43900.00000000 NS 145705.58000000 0.000623206223 Long EC CORP TH N 2 N N N Weyerhaeuser Co 08IRJODWFYBI7QWRGS31 Weyerhaeuser Co 962166104 124862.00000000 NS USD 3828268.92000000 0.016374122494 Long EC CORP US N 1 N N N LG Electronics Inc 988400RMQFTGZIOG0609 LG Electronics, Inc 652073909 8693.00000000 NS 648649.03000000 0.002774376329 Long EC CORP KR N 2 N N N CapitaLand Integrated Commercial Trust 54930031292WUTXF0L29 CapitaMall Trust 642012900 72904.00000000 NS 98385.09000000 0.000420808869 Long EC CORP SG N 2 N N N Wuxi Autowell Technology Co Ltd N/A Wuxi Autowell Technology Co Ltd N/A 1703.00000000 NS 33404.86000000 0.000142877964 Long EC CORP CN N 2 N N N Li Auto Inc 2549003R73Q70J5H4I65 Li Auto, Inc N/A 244200.00000000 NS 4357904.12000000 0.018639457512 Long EC CORP HK N 2 N N N Endeavour Group Ltd/Australia 254900JAN9FOLMWAD533 Endeavour Group Ltd N/A 153212.00000000 NS 517285.54000000 0.002212513533 Long EC CORP AU N 2 N N N Wal-Mart de Mexico SAB de CV N/A Wal-Mart de Mexico SAB de C.V. N/A 1134100.00000000 NS 4268940.47000000 0.018258945658 Long EC CORP MX N 1 N N N AMP Ltd 5299000D93LTLU0UJR35 AMP Ltd 670995901 224388.00000000 NS 180098.62000000 0.000770310792 Long EC CORP AU N 2 N N N Yunnan Yuntianhua Co Ltd N/A Yunnan Yuntianhua Co Ltd N/A 33600.00000000 NS 78835.68000000 0.000337192895 Long EC CORP CN N 2 N N N Megaport Ltd N/A Megaport Ltd N/A 283513.00000000 NS 2129165.53000000 0.009106783752 Long EC CORP AU N 2 N N N Arca Continental SAB de CV 254900U2BSJCQHJCXN24 Arca Continental SAB de C.V. N/A 111200.00000000 NS 1009940.38000000 0.004319677598 Long EC CORP MX N 1 N N N Alpha Services and Holdings SA 5299009N55YRQC69CN08 Alpha Services and Holdings S.A. N/A 756388.00000000 NS 1000266.65000000 0.004278301497 Long EC CORP GR N 2 N N N China Construction Bank Corp 5493001KQW6DM7KEDR62 China Construction Bank Corp - H B0LMTQ900 21102000.00000000 NS 11862525.56000000 0.050737931601 Long EC CORP HK N 2 N N N DuPont de Nemours Inc 5493004JF0SDFLM8GD76 DuPont de Nemours, Inc 26614N102 812631.00000000 NS USD 60614146.29000000 0.259256462124 Long EC CORP US N 1 N N N Hitachi Construction Machinery Co Ltd 5493009B7C53PDH8W826 Hitachi Construction Machinery Co Ltd 642940001 257000.00000000 NS 7798869.89000000 0.033357022081 Long EC CORP JP N 2 N N N Guangdong Haid Group Co Ltd 300300Y7LIHH4R4TWD50 Guangdong Haid Group Co Ltd N/A 18400.00000000 NS 114108.05000000 0.000488058500 Long EC CORP CN N 2 N N N Hengan International Group Co Ltd N/A Hengan International Group Co Ltd 613623909 149500.00000000 NS 475653.85000000 0.002034448093 Long EC CORP HK N 2 N N N Novo Nordisk A/S 549300DAQ1CVT6CXN342 Novo Nordisk A.S. (ADR) 670100205 20000.00000000 NS USD 1818800.00000000 0.007779300413 Long EC CORP DK N 1 N N N Akeso Inc 254900ECWYGR3QW5GF30 Akeso, Inc N/A 142000.00000000 NS 650735.45000000 0.002783300283 Long EC CORP HK Y 2 N N N Orion Corp/Republic of Korea N/A Orion Corp/Republic of Korea N/A 5213.00000000 NS 496912.76000000 0.002125375873 Long EC CORP KR N 2 N N N Power Corp of Canada 549300BE2CB8T87IJV50 Power Corp of Canada 739239101 122014.00000000 NS 3106382.57000000 0.013286498357 Long EC CORP CA N 1 N N Jiangsu Yoke Technology Co Ltd 6556004F7UD5F2TVRT68 Jiangsu Yoke Technology Co Ltd N/A 6400.00000000 NS 56637.61000000 0.000242248176 Long EC CORP CN N 2 N N N Tractor Supply Co 549300OJ9VZHZRO6I137 Tractor Supply Co 892356106 114187.00000000 NS USD 23185670.35000000 0.099168844813 Long EC CORP US N 1 N N N Atmos Energy Corp QVLWEGTD2S8GJMO8D383 Atmos Energy Corp 049560105 171.00000000 NS USD 18114.03000000 0.000077476622 Long EC CORP US N 1 N N N CSC Financial Co Ltd 3003006CDEBNKXHOI130 CSC Financial Co Ltd N/A 18800.00000000 NS 63646.50000000 0.000272226327 Long EC CORP CN N 2 N N N Krafton Inc 988400CE024EWSCICK17 Krafton, Inc N/A 5928.00000000 NS 661680.72000000 0.002830114965 Long EC CORP KR Y 2 N N N Haitian International Holdings Ltd 30030093DDRS825TVP62 Haitian International Holdings Ltd N/A 156000.00000000 NS 329293.00000000 0.001408439174 Long EC CORP HK N 2 N N N Intuit Inc VI90HBPH7XSFMB9E4M29 Intuit, Inc 461202103 332.00000000 NS USD 169632.08000000 0.000725543715 Long EC CORP US N 1 N N N Canmax Technologies Co Ltd 8368000VRYF7HAR81G71 Canmax Technologies Co Ltd N/A 6760.00000000 NS 23891.10000000 0.000102186080 Long EC CORP CN N 2 N N N Cloudflare Inc 5493007DY18BGNLDWU14 Cloudflare, Inc 18915M107 326.00000000 NS USD 20551.04000000 0.000087900106 Long EC CORP US N 1 N N N Horizon Therapeutics Plc 529900P0GSQ79OOZEV53 Horizon Therapeutics PLC G46188101 111079.00000000 NS USD 12850729.51000000 0.054964638989 Long EC CORP US N 1 N N N Alfa SAB de CV 549300ZCGJ6T8YDJ4M34 Alfa S.A. de C.V. (Class A) 204342000 604400.00000000 NS 393280.50000000 0.001682124013 Long EC CORP MX N 1 N N N Sempra PBBKGKLRK5S5C0Y4T545 Sempra Energy 816851109 138533.00000000 NS USD 9424399.99000000 0.040309676017 Long EC CORP US N 1 N N N Gulf Energy Development PCL 254900L46WX9IXF5VA41 Gulf Energy Development PCL N/A 619530.00000000 NS 772359.84000000 0.003303507380 Long EC CORP TH N 2 N N N Shanghai International Port Group Co Ltd 300300DAQ7G1LS22G609 Shanghai International Port Group Co Ltd N/A 46300.00000000 NS 32703.27000000 0.000139877150 Long EC CORP CN N 2 N N N American Water Works Co Inc 549300DXHIJQMD5WFW18 American Water Works Co, Inc 030420103 230.00000000 NS USD 28480.90000000 0.000121817394 Long EC CORP US N 1 N N N NVR Inc 529900RWXR4JI3JYTV70 NVR, Inc 62944T105 4.00000000 NS USD 23853.20000000 0.000102023976 Long EC CORP US N 1 N N N Mobile Telecommunications Co KSCP N/A Mobile Telecommunications Co KSCP N/A 488697.00000000 NS 769129.87000000 0.003289692278 Long EC CORP KW N 2 N N N Gemdale Corp 300300VAI0OCY3OKWO66 Gemdale Corp N/A 96100.00000000 NS 90361.85000000 0.000386492180 Long EC CORP CN N 2 N N N CEZ AS 529900S5R9YHJHYKKG94 CEZ AS 562403907 36242.00000000 NS 1539335.29000000 0.006583984857 Long EC CORP CZ N 2 N N N Shenzhen New Industries Biomedical Engineering Co Ltd N/A Shenzhen New Industries Biomedical Engineering Co Ltd N/A 8800.00000000 NS 76529.60000000 0.000327329419 Long EC CORP CN N 2 N N N Yifeng Pharmacy Chain Co Ltd 300300CZZIF44N1EZO06 Yifeng Pharmacy Chain Co Ltd N/A 12574.00000000 NS 60562.16000000 0.000259034108 Long EC CORP CN N 2 N N N State Bank of India 5493001JZ37UBBZF6L49 State Bank of India N/A 146041.00000000 NS 1049027.77000000 0.004486860658 Long EC CORP IN N 2 N N N Sony Group Corp 529900R5WX9N2OI2N910 Sony Corp J76379106 1981165.00000000 NS 162010860.27000000 0.692946531959 Long EC CORP JP N 2 N N N Healthpeak Properties Inc 254900M6MTMZM0I22L81 Healthpeak Properties, Inc 42250P103 159463.00000000 NS USD 2927740.68000000 0.012522418233 Long EC CORP US N 1 N N N CECEP Solar Energy Co Ltd 30030055WYGVLDBFGM73 CECEP Solar Energy Co Ltd N/A 49600.00000000 NS 39384.39000000 0.000168453376 Long EC CORP CN N 2 N N N Centene Corp 549300Z7JJ4TQSQGT333 Centene Corp 15135B101 106334.00000000 NS USD 7324285.92000000 0.031327150037 Long EC CORP US N 1 N N N Taiwan High Speed Rail Corp N/A Taiwan High Speed Rail Corp N/A 391000.00000000 NS 362961.72000000 0.001552445710 Long EC CORP TW N 2 N N N Southwest Airlines Co UDTZ87G0STFETI6HGH41 Southwest Airlines Co 844741108 176.00000000 NS USD 4764.32000000 0.000020377763 Long EC CORP US N 1 N N N Paramount Global 5KYC8KF17ROCY24M3H09 Paramount Global (Class B) 92556H206 96703.00000000 NS USD 1247468.70000000 0.005335624463 Long EC CORP US N 1 N N N Saudi Awwal Bank 558600TQS0WENZUC5190 Saudi Awwal Bank N/A 81337.00000000 NS 748479.97000000 0.003201369331 Long EC CORP SA N 2 N N N Shenergy Co Ltd 300300PA40YYCBW4WW70 Shenergy Co Ltd N/A 46300.00000000 NS 40252.33000000 0.000172165695 Long EC CORP CN N 2 N N N Japan Post Bank Co Ltd 5493006JVO6N2HC2XZ76 Japan Post Bank Co Ltd N/A 88800.00000000 NS 772723.32000000 0.003305062042 Long EC CORP JP N 2 N N N China Film Co Ltd 3003009UJKOPLIVUPE53 China Film Co Ltd N/A 10600.00000000 NS 20513.45000000 0.000087739328 Long EC CORP CN N 2 N N N CBRE Group Inc 52990016II9MJ2OSWA10 CBRE Group, Inc 12504L109 368.00000000 NS USD 27180.48000000 0.000116255288 Long EC CORP US N 1 N N N China Resources Sanjiu Medical & Pharmaceutical Co Ltd N/A China Resources Sanjiu Medical & Pharmaceutical Co Ltd N/A 4700.00000000 NS 32251.15000000 0.000137943360 Long EC CORP CN N 2 N N N Incyte Corp 549300Z4WN6JVZ3T4680 Incyte Corp 45337C102 225.00000000 NS USD 12998.25000000 0.000055595607 Long EC CORP US N 1 N N N Nestle Malaysia Bhd N/A Nestle Malaysia Bhd N/A 11200.00000000 NS 301751.77000000 0.001290640900 Long EC CORP MY N 2 N N N Dai-ichi Life Holdings Inc 549300ZUFXI7JXZVTZ25 Dai-ichi Life Holdings, Inc N/A 236800.00000000 NS 4888572.85000000 0.020909213104 Long EC CORP JP N 2 N N N Singapore Telecommunications Ltd 2549003XJKIQO8YDYD89 Singapore Telecommunications Ltd N/A 1541800.00000000 NS 2729131.49000000 0.011672934753 Long EC CORP SG N 2 N N N WUS Printed Circuit Kunshan Co Ltd N/A WUS Printed Circuit Kunshan Co Ltd N/A 30050.00000000 NS 92746.25000000 0.000396690642 Long EC CORP CN N 2 N N N Universal Scientific Industrial Shanghai Co Ltd 655600ZQ6P2GFIBK8C07 Universal Scientific Industrial Shanghai Co Ltd N/A 17200.00000000 NS 34431.24000000 0.000147267956 Long EC CORP CN N 2 N N N Telstra Group Ltd 894500WRW54CVN62K416 Telstra Corp Ltd 608728903 793474.00000000 NS 1960389.63000000 0.008384902056 Long EC CORP AU N 2 N N N Citigroup Inc 6SHGI4ZSSLCXXQSBB395 Citigroup, Inc 172967424 64956.00000000 NS USD 2671640.28000000 0.011427035592 Long EC CORP US N 1 N N N ASX Ltd 549300VSBVYUCBIQKT71 Australian Stock Exchange Ltd 612922906 42503.00000000 NS 1554676.12000000 0.006649600056 Long EC CORP AU N 2 N N N Shanxi Securities Co Ltd 300300E1007214000085 Shanxi Securities Co Ltd N/A 19330.00000000 NS 15255.03000000 0.000065248219 Long EC CORP CN N 2 N N N MetLife Inc C4BXATY60WC6XEOZDX54 Metlife, Inc 59156R108 57085.00000000 NS USD 3591217.35000000 0.015360214766 Long EC CORP US N 1 N N N Huntington Bancshares Inc/OH 549300XTVCVV9I7B5T19 Huntington Bancshares, Inc 446150104 1709.00000000 NS USD 17773.60000000 0.000076020548 Long EC CORP US N 1 N N N Teck Resources Ltd T8KI5SQ2JRWHL7XY0E11 Teck Cominco Ltd (Class B) 878742204 734638.00000000 NS 31619317.12000000 0.135240909805 Long EC CORP CA N 1 N N N Hektas Ticaret TAS 789000G8MR3GA25EEC51 Hektas Ticaret TAS N/A 243208.00000000 NS 238160.44000000 0.001018650543 Long EC CORP TR N 2 N N N Banco de Credito e Inversiones SA 549300E9E5Y3PKW24142 Banco de Credito e Inversiones S.A. N/A 753.00000000 NC 630.02000000 0.000002694696 Long EC CORP CL N 1 N N N GDS Holdings Ltd 391200MGV8DDCHTN2R77 GDS Holdings Ltd N/A 210184.00000000 NS 288364.12000000 0.001233379765 Long EC CORP HK N 2 N N N Qifu Technology Inc N/A 360 Finance, Inc (ADR) 88557W101 25000.00000000 NS USD 384000.00000000 0.001642429821 Long EC CORP KY N 1 N N N LB Group Co Ltd 3003006O3YJY5SGWGQ13 LB Group Co Ltd N/A 37700.00000000 NS 95164.81000000 0.000407035213 Long EC CORP CN N 2 N N N GoTo Gojek Tokopedia Tbk PT N/A GoTo Gojek Tokopedia Tbk PT N/A 178534400.00000000 NS 976801.44000000 0.004177937016 Long EC CORP ID N 2 N N N Taiwan Semiconductor Manufacturing Co Ltd 549300KB6NK5SBD14S87 Taiwan Semiconductor Manufacturing Co Ltd (ADR) 874039100 146862.00000000 NS USD 12762307.80000000 0.054586445100 Long EC CORP TW N 1 N N N N/A N/A DNB ASA 2332K4NQ3 2000000.00000000 PA USD 2000000.00000000 0.008554321985 Long STIV CORP US N 2 N N Shoprite Holdings Ltd 529900Q4O1EYP6NH5150 Shoprite Holdings Ltd 680157906 108109.00000000 NS 1369452.04000000 0.005857366847 Long EC CORP ZA N 2 N N Anhui Gujing Distillery Co Ltd N/A Anhui Gujing Distillery Co Ltd N/A 27800.00000000 NS 465946.43000000 0.001992927895 Long EC CORP CN N 2 N N N LG Uplus Corp N/A LG Telecom Ltd 629090903 18879.00000000 NS 144970.37000000 0.000620061611 Long EC CORP KR N 2 N N N Straumann Holding AG 50670046ML5FVIM60Z37 Straumann Holding AG. N/A 52106.00000000 NS 6631995.95000000 0.028366114381 Long EC CORP CH N 2 N N N Postal Savings Bank of China Co Ltd 300300C1040311005298 Postal Savings Bank of China Co Ltd - H N/A 1994000.00000000 NS 1004073.13000000 0.004294582425 Long EC CORP HK Y 2 N N N Baidu Inc 254900AL64IANZYI1E02 Baidu, Inc G07034104 507416.00000000 NS 8540151.10000000 0.036527601157 Long EC CORP HK N 2 N N N Recruit Holdings Co Ltd 353800R2LRSMVVC4I806 Recruit Holdings Co Ltd N/A 1761900.00000000 NS 53905353.87000000 0.230561876876 Long EC CORP JP N 2 N N N Colgate-Palmolive India Ltd 335800YWKI47DGFKWB26 Colgate-Palmolive India Ltd N/A 28202.00000000 NS 680108.91000000 0.002908935300 Long EC CORP IN N 2 N N N CME Group Inc LCZ7XYGSLJUHFXXNXD88 CME Group, Inc 12572Q105 100343.00000000 NS USD 20090675.46000000 0.085931053396 Long EC CORP US N 1 N N N Haci Omer Sabanci Holding AS 78900090FFOWNLGP0F20 Haci Omer Sabanci Holding AS M8223R100 81798.00000000 NS 177927.35000000 0.000761023920 Long EC CORP TR N 2 N N N Bank of East Asia Ltd/The CO6GC26LCGGRTUESIP55 Bank of East Asia Ltd 607564002 127800.00000000 NS 158145.05000000 0.000676411839 Long EC CORP HK N 2 N N N Hansoh Pharmaceutical Group Co Ltd 254900Q6MR00EBXTPF42 Hansoh Pharmaceutical Group Co Ltd N/A 90000.00000000 NS 122185.04000000 0.000522605086 Long EC CORP HK Y 2 N N N Swiss Prime Site AG 506700XI9H64OPR34158 Swiss Prime Site AG. B083BH906 10209.00000000 NS 934621.11000000 0.003997524954 Long EC CORP CH N 2 N N N HDFC Asset Management Co Ltd 3358002FLK8AK8WSEP31 HDFC Asset Management Co Ltd N/A 7150.00000000 NS 227731.12000000 0.000974042663 Long EC CORP IN Y 2 N N N Imeik Technology Development Co Ltd N/A Imeik Technology Development Co Ltd N/A 900.00000000 NS 48299.09000000 0.000206582983 Long EC CORP CN N 2 N N N United Tractors Tbk PT 529900N9ELYOWQV4FW14 PT United Tractors Tbk 623084902 361400.00000000 NS 659372.44000000 0.002820242080 Long EC CORP ID N 2 N N N Coterra Energy Inc FCNMH6O7VWU7LHXMK351 Cabot Oil & Gas Corp 127097103 897.00000000 NS USD 24263.85000000 0.000103780392 Long EC CORP US N 1 N N N NH Investment & Securities Co Ltd 549300LQ6NXDW1B8NT42 Woori Investment & Securities Co Ltd 653708008 11333.00000000 NS 85783.80000000 0.000366911123 Long EC CORP KR N 2 N N N International Container Terminal Services Inc 254900FU1MWK0I0Q4J61 International Container Term Services, Inc 645581000 220480.00000000 NS 805469.67000000 0.003445123453 Long EC CORP PH N 2 N N N Shandong Gold Mining Co Ltd 300300KC2K8BC07OSV77 Shandong Gold Mining Co Ltd - A N/A 51620.00000000 NS 176907.06000000 0.000756659976 Long EC CORP CN N 2 N N N AstraZeneca PLC PY6ZZQWO2IZFZC3IOL08 AstraZeneca plc 098952906 1227752.00000000 NS 165604607.35000000 0.708317566787 Long EC CORP GB N 2 N N N Ashok Leyland Ltd 3358001BZKWERVWYCK35 Ashok Leyland Ltd N/A 119019.00000000 NS 253117.01000000 0.001082622201 Long EC CORP IN N 2 N N N Havells India Ltd 549300U1LOGHTTNT7D47 Havells India Ltd N/A 52543.00000000 NS 876619.09000000 0.003749440977 Long EC CORP IN N 2 N N N Orange SA 969500MCOONR8990S771 Orange S. A. F4113C103 347842.00000000 NS 3989839.86000000 0.017065187416 Long EC CORP FR N 2 N N N Sinoma Science & Technology Co Ltd 300300XZFDR8F1T64T13 Sinoma Science & Technology Co Ltd N/A 21400.00000000 NS 60298.05000000 0.000257904467 Long EC CORP CN N 2 N N N Big Yellow Group PLC 213800W7Q4V2ZI8LIW31 Big Yellow Group plc N/A 132749.00000000 NS 1512729.44000000 0.006470187353 Long EC CORP GB N 2 N N N Malayan Banking Bhd 5493004OT3TOY404V310 Malayan Banking BHD 655632008 451529.00000000 NS 844680.67000000 0.003612835213 Long EC CORP MY N 2 N N N Shandong Himile Mechanical Science & Technology Co Ltd 655600LE14YR05ZRKX68 Shandong Himile Mechanical Science & Technology Co Ltd N/A 10000.00000000 NS 48270.13000000 0.000206459117 Long EC CORP CN N 2 N N N Cia de Saneamento Basico do Estado de Sao Paulo SABESP 254900UOXRZRS2TNWP19 Cia de Saneamento Basico do Estado de Sao Paulo B1YCHL900 73700.00000000 NS 894830.65000000 0.003827334751 Long EC CORP BR N 1 N N N Bank Al-Jazira 558600FGNP3JML7WY215 Bank Al-Jazira N/A 29288.00000000 NS 131282.65000000 0.000561517029 Long EC CORP SA N 2 N N N Tenaga Nasional Bhd 549300FV8X6UID6I1413 Tenaga Nasional BHD 690461009 597100.00000000 NS 1269872.39000000 0.005431448652 Long EC CORP MY N 2 N N N Robinsons Retail Holdings Inc N/A Robinsons Retail Holdings, Inc N/A 5826950.00000000 NS 4809787.98000000 0.020572237531 Long EC CORP PH N 2 N N N Krungthai Card PCL N/A Krungthai Card PCL N/A 162900.00000000 NS 196478.60000000 0.000840370603 Long EC CORP TH N 2 N N N DLF Ltd 335800PJLUEOB8914F48 DLF Ltd B1YLCV903 144253.00000000 NS 919961.53000000 0.003934823571 Long EC CORP IN N 2 N N N Cognizant Technology Solutions Corp 5493006IEVQEFQO40L83 Cognizant Technology Solutions Corp (Class A) 192446102 601.00000000 NS USD 40711.74000000 0.000174130666 Long EC CORP US N 1 N N N Ross Stores Inc 549300ENZFLPGRDFZQ60 Ross Stores, Inc 778296103 36089.00000000 NS USD 4076252.55000000 0.017434788403 Long EC CORP US N 1 N N N BIM Birlesik Magazalar AS 7890001GCDJQD8DJKE29 BIM Birlesik Magazalar AS N/A 98650.00000000 NS 986895.11000000 0.004221109268 Long EC CORP TR N 2 N N N China Baoan Group Co Ltd 300300SWCZND4GQFVP61 China Baoan Group Co Ltd N/A 22600.00000000 NS 32311.54000000 0.000138201658 Long EC CORP CN N 2 N N N ZhongAn Online P&C Insurance Co Ltd 5299006845ISFI2WAI41 ZhongAn Online P&C Insurance Co Ltd N/A 58500.00000000 NS 171486.56000000 0.000733475625 Long EC CORP HK Y 2 N N N Shenghe Resources Holding Co Ltd N/A Shenghe Resources Holding Co Ltd N/A 10400.00000000 NS 15527.31000000 0.000066412804 Long EC CORP CN N 2 N N N Dabur India Ltd 335800MJPUA2E1FSFL38 Dabur India Ltd 629735903 132780.00000000 NS 879798.77000000 0.003763040980 Long EC CORP IN N 2 N N N Sasol Ltd 378900F4544561A97588 Sasol Ltd 803866102 125068.00000000 NS 1716837.95000000 0.007343192310 Long EC CORP ZA N 2 N N SBA Communications Corp 5299001HX8ZN8Y8QIT49 SBA Communications Corp 78410G104 60200.00000000 NS USD 12050234.00000000 0.051540790819 Long EC CORP US N 1 N N N Container Corp Of India Ltd 335800T2XH4HLGGQSJ32 Container Corp Of India Ltd N/A 56947.00000000 NS 489876.17000000 0.002095279245 Long EC CORP IN N 2 N N N Carlisle Cos Inc XR64VGX1ZPX6G7ZN7Z11 Carlisle Cos, Inc 142339100 60.00000000 NS USD 15555.60000000 0.000066533805 Long EC CORP US N 1 N N N Telefonica Brasil SA 529900MTGG2HSDBIWG79 Telefonica Brasil S.A. N/A 94700.00000000 NS 813509.46000000 0.003479510929 Long EC CORP BR N 1 N N N Bank of Nanjing Co Ltd 300300C1086932000062 Bank of Nanjing Co Ltd N/A 44300.00000000 NS 48884.77000000 0.000209088031 Long EC CORP CN N 2 N N N Hainan Airport Infrastructure Co Ltd N/A Hainan Airport Infrastructure Co Ltd N/A 180300.00000000 NS 98568.94000000 0.000421595225 Long EC CORP CN N 2 N N N Nordea Bank Abp 529900ODI3047E2LIV03 Nordea Bank Abp N/A 1488997.00000000 NS 16324956.27000000 0.069824466167 Long EC CORP SE N 2 N N N AECC Aero-Engine Control Co Ltd N/A AECC Aero-Engine Control Co Ltd N/A 12600.00000000 NS 37042.48000000 0.000158436650 Long EC CORP CN N 2 N N N Changjiang Securities Co Ltd 300300E1003242000047 Changjiang Securities Co Ltd N/A 24000.00000000 NS 19208.37000000 0.000082157290 Long EC CORP CN N 2 N N N Southern Co/The 549300FC3G3YU2FBZD92 Southern Co 842587107 122501.00000000 NS USD 7928264.72000000 0.033910464601 Long EC CORP US N 1 N N N China Pacific Insurance Group Co Ltd 529900BA5ILEL308WX03 China Pacific Insurance Group Co Ltd - H N/A 603200.00000000 NS 1501653.54000000 0.006422813946 Long EC CORP HK N 2 N N N Ovctek China Inc N/A Ovctek China, Inc N/A 3809.00000000 NS 13416.73000000 0.000057385514 Long EC CORP CN N 2 N N N Seazen Holdings Co Ltd 300300TGAEBDZS3VS786 Seazen Holdings Co Ltd N/A 41400.00000000 NS 75848.69000000 0.000324417058 Long EC CORP CN N 2 N N N Focus Media Information Technology Co Ltd 300300V7WGZW0LZKTD06 Focus Media Information Technology Co Ltd N/A 221200.00000000 NS 216964.25000000 0.000927991026 Long EC CORP CN N 2 N N N Mango Excellent Media Co Ltd 300300JPUGO17MZHPP76 Mango Excellent Media Co Ltd N/A 25790.00000000 NS 100266.16000000 0.000428854508 Long EC CORP CN N 2 N N N JGC Holdings Corp 5493003WMGG79YLARU68 JGC Corp 647346006 441200.00000000 NS 6130275.44000000 0.026220174987 Long EC CORP JP N 2 N N N GE HealthCare Technologies Inc 549300OI9J7XOWZMUN85 GE HealthCare Technologies, Inc 36266G107 187322.00000000 NS USD 12745388.88000000 0.054514080155 Long EC CORP US N 1 N N N Vanguard International Semiconductor Corp 2549001S5Q158BIJJO13 Vanguard International Semiconductor Corp 610967903 70000.00000000 NS 147925.33000000 0.000632700451 Long EC CORP TW N 2 N N N ITC Ltd 335800WLOU3OFWFTMP43 ITC Ltd B0JGGP902 659138.00000000 NS 3521792.01000000 0.015063271409 Long EC CORP IN N 2 N N N Permian Resources Corp 529900NXUJPOKU7OJ511 Permian Resources Corp 71424F105 770039.00000000 NS USD 10749744.44000000 0.045978387601 Long EC CORP US N 1 N N N Diamondback Energy Inc 549300R22LSX6OHWEN64 Diamondback Energy, Inc 25278X109 674801.00000000 NS USD 104513178.88000000 0.447019691940 Long EC CORP US N 1 N N N Industries Qatar QSC N/A Industries Qatar QSC N/A 333378.00000000 NS 1256241.57000000 0.005373147440 Long EC CORP QA N 2 N N N ZTE Corp 3003004FBGVVG1CW5U45 ZTE Corp N/A 61100.00000000 NS 274341.29000000 0.001173401864 Long EC CORP CN N 2 N N N Sinotruk Hong Kong Ltd 529900BB4WA4W576X724 Sinotruk Hong Kong Ltd N/A 173000.00000000 NS 332700.01000000 0.001423011505 Long EC CORP HK N 2 N N N Etihad Etisalat Co 2549007BA9ABDE3HVK79 Etihad Etisalat Co N/A 84815.00000000 NS 1007481.30000000 0.004309159717 Long EC CORP SA N 2 N N N Markel Group Inc 549300SCNO12JLWIK605 Markel Corp 570535104 15.00000000 NS USD 22087.35000000 0.000094471151 Long EC CORP US N 1 N N N Banco BTG Pactual SA ZXLTQRYIK6IJH3R0IK66 Banco BTG Pactual S.A. - Unit N/A 824200.00000000 NS 5094526.86000000 0.021790111562 Long EC CORP BR N 1 N N N Mitsui & Co Ltd 2NRSB4GOU9DD6CNW5R48 Mitsui & Co Ltd 659730006 1035300.00000000 NS 37550270.31000000 0.160608551439 Long EC CORP JP N 2 N N N Cie de Saint-Gobain NFONVGN05Z0FMN5PEC35 Compagnie de Saint-Gobain F80343100 535911.00000000 NS 32074474.77000000 0.137187692351 Long EC CORP FR N 2 N N N Fortinet Inc 549300O0QJWDBAS0QX03 Fortinet, Inc 34959E109 790.00000000 NS USD 46357.20000000 0.000198277207 Long EC CORP US N 1 N N N Cleveland-Cliffs Inc 549300TM2WLI2BJMDD86 Cleveland-Cliffs, Inc 185899101 545305.00000000 NS USD 8523117.15000000 0.036454744211 Long EC CORP US N 1 N N N BYD Co Ltd 5299005557VL7ULJ7A69 BYD Co Ltd N/A 23100.00000000 NS 755422.20000000 0.003231062366 Long EC CORP CN N 2 N N N Block Inc 549300OHIIUWSTIZME52 Block, Inc 852234103 644.00000000 NS USD 28503.44000000 0.000121913801 Long EC CORP US N 1 N N N Hyatt Hotels Corp T27JQIMTYSH41TCD5186 Hyatt Hotels Corp 448579102 55.00000000 NS USD 5834.40000000 0.000024954668 Long EC CORP US N 1 N N N Coway Co Ltd N/A Coway Co Ltd 617340906 10076.00000000 NS 307605.03000000 0.001315676235 Long EC CORP KR N 2 N N N Royalty Pharma PLC 549300FGFN7VOK8BZR03 Royalty Pharma plc G7709Q104 451.00000000 NS USD 12240.14000000 0.000052353049 Long EC CORP US N 1 N N N Shenzhen Investment Holdings Bay Area Development Co Ltd 529900E0ETLMXQJFMD74 Shenzhen Investment Holdings Bay Area Development Co Ltd N/A 11260.00000000 NS 2013.04000000 0.000008610096 Long EC CORP HK N 2 N N N Unimicron Technology Corp N/A Unimicron Technology Corp 613772904 112000.00000000 NS 604269.25000000 0.002584556865 Long EC CORP TW N 2 N N N Commercial International Bank Egypt SAE 213800FIIXJAMEVRIH48 Commercial International Bank 624389904 212287.00000000 NS 412514.45000000 0.001764390714 Long EC CORP EG N 2 N N N Hengtong Optic-electric Co Ltd 655600VKTXMT2WKBE151 Hengtong Optic-electric Co Ltd N/A 34700.00000000 NS 67304.99000000 0.000287874277 Long EC CORP CN N 2 N N N First Capital Real Estate Investment Trust 54930042UG2WCIIAQZ39 First Capital Real Estate Investment Trust 31890B103 14632.00000000 NS 143276.72000000 0.000612817597 Long EC CORP CA N 1 N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 Merck & Co, Inc 58933Y105 1324936.00000000 NS USD 136402161.20000000 0.583414003220 Long EC CORP US N 1 N N N Asset World Corp PCL N/A Asset World Corp PCL N/A 1139400.00000000 NS 121604.28000000 0.000520121082 Long EC CORP TH N 2 N N N Shanghai Baosight Software Co Ltd N/A Shanghai Baosight Software Co Ltd N/A 148944.00000000 NS USD 313898.29000000 0.001342593521 Long EC CORP CN N 2 N N N Mori Hills REIT Investment Corp N/A Mori Hills REIT Investment Corp B1GF9P903 308.00000000 NS 291811.96000000 0.001248126732 Long EC CORP JP N 2 N N N Kenvue Inc 5493008HSF8L4M2LIJ82 Kenvue, Inc 49177J102 1560745.00000000 NS USD 31339759.60000000 0.134045197285 Long EC CORP US N 1 N N N NetApp Inc QTX3D84DZDD5JYOCYH15 NetApp, Inc 64110D104 252.00000000 NS USD 19121.76000000 0.000081786845 Long EC CORP US N 1 N N N N/A N/A National Australia Bank 63254GXB6 1000000.00000000 PA USD 1000000.00000000 0.004277160992 Long STIV CORP US N 2 N N ICICI Lombard General Insurance Co Ltd 335800ZZITZ7ZZZ2ZX87 ICICI Lombard General Insurance Co Ltd N/A 52554.00000000 NS 826682.26000000 0.003535853115 Long EC CORP IN Y 2 N N N LG Innotek Co Ltd 988400KTHH2LMUX7EB48 LG Innotek Co Ltd N/A 1064.00000000 NS 192792.92000000 0.000824606357 Long EC CORP KR N 2 N N N Hellenic Telecommunications Organization SA ELPUFM0XZRZO4LFXW404 Hellenic Telecommunications Organization S.A. 505160903 41140.00000000 NS 600051.47000000 0.002566516741 Long EC CORP GR N 2 N N N RHB Bank Bhd 549300ZHRPSV7QIUJT80 RHB Capital BHD 624467908 116039.00000000 NS 134079.20000000 0.000573478324 Long EC CORP MY N 2 N N N Humana Inc 529900YLDW34GJAO4J06 Humana, Inc 444859102 9148.00000000 NS USD 4450684.96000000 0.019036296102 Long EC CORP US N 1 N N N Huatai Securities Co Ltd 3003009ABT0UCWO79Q77 Huatai Securities Co Ltd (Class A) N/A 15500.00000000 NS 33755.83000000 0.000144379119 Long EC CORP CN N 2 N N N Cardinal Health Inc CCU46N3GJMF4OK4N7U60 Cardinal Health, Inc 14149Y108 301.00000000 NS USD 26132.82000000 0.000111774278 Long EC CORP US N 1 N N N MRF Ltd 335800EQP78LTJ76DZ82 MRF Ltd N/A 406.00000000 NS 523913.46000000 0.002240862214 Long EC CORP IN N 2 N N N F5 Inc 54930015FPK9KT966303 F5 Networks, Inc 315616102 72.00000000 NS USD 11602.08000000 0.000049623964 Long EC CORP US N 1 N N N Walsin Lihwa Corp 254900SKYY99YINZ3U83 Walsin Lihwa Corp 693657900 609650.00000000 NS 696159.05000000 0.002977584333 Long EC CORP TW N 2 N N N Yangzhou Yangjie Electronic Technology Co Ltd 6556009FCJ7O8QPFTC19 Yangzhou Yangjie Electronic Technology Co Ltd N/A 6300.00000000 NS 30203.11000000 0.000129183563 Long EC CORP CN N 2 N N N Beijing Dabeinong Technology Group Co Ltd 300300QCKQAYV9F44G81 Beijing Dabeinong Technology Group Co Ltd N/A 65200.00000000 NS 60316.96000000 0.000257985348 Long EC CORP CN N 2 N N N Hasbro Inc 549300NUB6D2R1ITYR45 Hasbro, Inc 418056107 156.00000000 NS USD 10317.84000000 0.000044131062 Long EC CORP US N 1 N N N Zhefu Holding Group Co Ltd 30030076Y21FIWN1VY24 Zhefu Holding Group Co Ltd N/A 20000.00000000 NS 10644.19000000 0.000045526914 Long EC CORP CN N 2 N N N Lotte Energy Materials Corp N/A Lotte Energy Materials Corp N/A 4417.00000000 NS 129822.81000000 0.000555273058 Long EC CORP KR N 2 N N N Hua Hong Semiconductor Ltd 529900OXH3ZYLIMGB907 Hua Hong Semiconductor Ltd N/A 47000.00000000 NS 118178.27000000 0.000505467486 Long EC CORP HK Y 2 N N YongXing Special Materials Technology Co Ltd 300300ULJO6T9VWWOQ73 YongXing Special Materials Technology Co Ltd N/A 6890.00000000 NS 42925.92000000 0.000183601070 Long EC CORP CN N 2 N N N Guangzhou Automobile Group Co Ltd 5299005KY9BJO3ZE6A37 Guangzhou Automobile Group Co Ltd N/A 59400.00000000 NS 81791.61000000 0.000349835883 Long EC CORP CN N 2 N N N Youngor Group Co Ltd 300300PRWK21S8R8F317 Youngor Group Co Ltd N/A 50800.00000000 NS 49555.25000000 0.000211955782 Long EC CORP CN N 2 N N N VTB Bank PJSC 253400V1H6ART1UQ0N98 VTB Bank PJSC (GDR) Tradegate N/A 211169.00000000 NS USD 2111.69000000 0.000009032038 Long EC CORP RU Y 3 N N N Minor International PCL 254900T4WB2UF9XPX041 Minor International PCL B018BZ902 686700.00000000 NS 589340.89000000 0.002520705866 Long EC CORP TH N 2 N N N Expedia Group Inc CI7MUJI4USF3V0NJ1H64 Expedia Group, Inc 30212P303 28461.00000000 NS USD 2933475.27000000 0.012546945998 Long EC CORP US N 1 N N N Public Power Corp SA 213800T9Y5XCOVRZ4Y57 Public Power Corp 726829906 41471.00000000 NS 415519.91000000 0.001777245550 Long EC CORP GR N 2 N N N Americold Realty Trust Inc 894500O3S3W62PQPO460 Americold Realty Trust, Inc 03064D108 92508.00000000 NS USD 2813168.28000000 0.012032373633 Long EC CORP US N 1 N N N Yunnan Aluminium Co Ltd 3003008AXWSVMLG3MX37 Yunnan Aluminium Co Ltd N/A 48400.00000000 NS 100421.27000000 0.000429517938 Long EC CORP CN N 2 N N N Beijing Enterprises Holdings Ltd 529900896ODARUEY2V26 Beijing Enterprises Holdings Ltd 608169900 48500.00000000 NS 166814.74000000 0.000713493498 Long EC CORP HK N 2 N N N JD.com Inc 549300HVTWB0GJZ16V92 JD.com, Inc N/A 1187655.00000000 NS 17278990.50000000 0.073905024161 Long EC CORP HK N 2 N N N Zhejiang Weixing New Building Materials Co Ltd N/A Zhejiang Weixing New Building Materials Co Ltd N/A 24100.00000000 NS 60401.70000000 0.000258347795 Long EC CORP CN N 2 N N N American Electric Power Co Inc 1B4S6S7G0TW5EE83BO58 American Electric Power Co, Inc 025537101 311598.00000000 NS USD 23438401.56000000 0.100249816886 Long EC CORP US N 1 N N N XP Inc 5493008KDA8NBZRJST80 XP, Inc G98239109 134000.00000000 NS USD 3088700.00000000 0.013210867158 Long EC CORP US N 1 N N N PPB Group Bhd N/A PPB Group BHD 668166002 117780.00000000 NS 388314.66000000 0.001660884316 Long EC CORP MY N 2 N N N China Galaxy Securities Co Ltd 3003008KFQXO06OK8582 China Galaxy Securities Co Ltd (Class A) N/A 24500.00000000 NS 37131.72000000 0.000158818344 Long EC CORP CN N 2 N N N Pernod Ricard SA 52990097YFPX9J0H5D87 Pernod-Ricard S.A. 468232004 9230.00000000 NS 1536701.80000000 0.006572720996 Long EC CORP FR N 2 N N N Nine Dragons Paper Holdings Ltd 529900TBMYEYJ2LEV906 Nine Dragons Paper Holdings Ltd B0WC2B902 410000.00000000 NS 229969.64000000 0.000983617173 Long EC CORP HK N 2 N N N Traeger Inc N/A Traeger, Inc 89269P103 259010.00000000 NS USD 707097.30000000 0.003024368989 Long EC CORP US N 1 N N N Hongfa Technology Co Ltd N/A Hongfa Technology Co Ltd N/A 5860.00000000 NS 27006.46000000 0.000115510977 Long EC CORP CN N 2 N N N Jarir Marketing Co N/A Jarir Marketing Co N/A 124222.00000000 NS 480267.43000000 0.002054181117 Long EC CORP SA N 2 N N N UPL Ltd 335800RJSM1SLHO4UA95 UPL Ltd N/A 101173.00000000 NS 749157.89000000 0.003204268904 Long EC CORP IN N 2 N N N New Oriental Education & Technology Group Inc 529900NHZVBZQZ8EKN29 New Oriental Education & Technology Group, Inc N/A 328840.00000000 NS 1946054.79000000 0.008323589637 Long EC CORP HK N 2 N N N eMemory Technology Inc N/A eMemory Technology, Inc N/A 14000.00000000 NS 878972.58000000 0.003759507232 Long EC CORP TW N 2 N N N Amlogic Shanghai Co Ltd N/A Amlogic Shanghai Co Ltd N/A 5636.00000000 NS 48707.40000000 0.000208329391 Long EC CORP CN N 2 N N N Equinix Inc 549300EVUN2BTLJ3GT74 Equinix, Inc 29444U700 9792.00000000 NS USD 7111537.92000000 0.030417192590 Long EC CORP US N 1 N N N Guangzhou Shiyuan Electronic Technology Co Ltd 300300XCN9JKXKDKGF57 Guangzhou Shiyuan Electronic Technology Co Ltd N/A 8595.00000000 NS 59778.37000000 0.000255681712 Long EC CORP CN N 2 N N N Aroundtown SA 529900H4DWG3KWMBMQ39 Aroundtown S.A. ACI0XQVJ6 612692.00000000 NS 1271034.20000000 0.005436417900 Long EC CORP DE N 2 N N N Ball Corp 0BGI85ALH27ZJP15DY16 Ball Corp 058498106 372.00000000 NS USD 18518.16000000 0.000079205151 Long EC CORP US N 1 N N N OPAP SA 213800M4NRGFJCI34834 OPAP S.A. 710725904 36726.00000000 NS 614854.82000000 0.002629833052 Long EC CORP GR N 2 N N N Daqin Railway Co Ltd 30030098LARO7YWJL882 Daqin Railway Co Ltd N/A 249895.00000000 NS 249531.76000000 0.001067287510 Long EC CORP CN N 2 N N N Lens Technology Co Ltd N/A Lens Technology Co Ltd N/A 69900.00000000 NS 117912.87000000 0.000504332328 Long EC CORP CN N 2 N N N Everbright Securities Co Ltd 300300631H57L451WO11 Everbright Securities Co Ltd N/A 21000.00000000 NS 48186.37000000 0.000206100862 Long EC CORP CN N 2 N N N CECEP Wind-Power Corp N/A CECEP Wind-Power Corp N/A 93770.00000000 NS 42002.90000000 0.000179653165 Long EC CORP CN N 2 N N N Lupin Ltd 335800HHXTESDEE2FC65 Lupin Ltd N/A 17591.00000000 NS 247697.29000000 0.001059441186 Long EC CORP IN N 2 N N N Guangzhou Haige Communications Group Inc Co 300300DDUUICKXUNQI85 Guangzhou Haige Communications Group, Inc Co N/A 34300.00000000 NS 53069.37000000 0.000226986239 Long EC CORP CN N 2 N N N Essential Utilities Inc 549300ILTEOF3E3QY357 Essential Utilities, Inc 29670G102 297.00000000 NS USD 10196.01000000 0.000043609976 Long EC CORP US N 1 N N N Berger Paints India Ltd 335800TNTIBFAWWUZD51 Berger Paints India Ltd N/A 10508.00000000 NS 71982.01000000 0.000307878645 Long EC CORP IN N 2 N N N Franco-Nevada Corp N/A Franco-Nevada Corp 351858105 42224.00000000 NS 5637016.69000000 0.024110427902 Long EC CORP CA N 1 N N N Hisense Visual Technology Co Ltd N/A Hisense Visual Technology Co Ltd N/A 24000.00000000 NS 74001.77000000 0.000316517484 Long EC CORP CN N 2 N N N UDR Inc P3CH2EG5X6Z1XWU1OO74 UDR, Inc 902653104 370.00000000 NS USD 13197.90000000 0.000056449543 Long EC CORP US N 1 N N China Merchants Bank Co Ltd 549300MKO5B60FFIHF58 China Merchants Bank Co Ltd (Class A) N/A 574700.00000000 NS 2614324.82000000 0.011181888142 Long EC CORP CN N 2 N N N Insulet Corp 549300TZTYD2PYN92D43 Insulet Corp 45784P101 83.00000000 NS USD 13237.67000000 0.000056619645 Long EC CORP US N 1 N N N ROBLOX Corp N/A ROBLOX Corp 771049103 498.00000000 NS USD 14422.08000000 0.000061685558 Long EC CORP US N 1 N N N Dick's Sporting Goods Inc 529900SSBV5I4LWSK313 Dick's Sporting Goods, Inc 253393102 74.00000000 NS USD 8034.92000000 0.000034366646 Long EC CORP US N 1 N N N Delta Electronics Inc 529900UVZWNWGDLJSM52 Delta Electronics, Inc 626073902 1127000.00000000 NS 11351053.68000000 0.048550284027 Long EC CORP TW N 2 N N N Mouwasat Medical Services Co N/A Mouwasat Medical Services Co N/A 86832.00000000 NS 2380325.90000000 0.010181037089 Long EC CORP SA N 2 N N N Devon Energy Corp 54930042348RKR3ZPN35 Devon Energy Corp 25179M103 760.00000000 NS USD 36252.00000000 0.000155055640 Long EC CORP US N 1 N N N China State Construction Engineering Corp Ltd 300300CWW8WOEV3BR645 China State Construction Engineering Corp Ltd N/A 224800.00000000 NS 170788.48000000 0.000730489824 Long EC CORP CN N 2 N N N Ecopro Co Ltd 9884006OCHPD0V2O6P20 Ecopro Co Ltd N/A 4321.00000000 NS 2868242.72000000 0.012267935879 Long EC CORP KR N 2 N N N Bank of Shanghai Co Ltd 300300C1091231000098 Bank of Shanghai Co Ltd N/A 64522.00000000 NS 54546.94000000 0.000233306044 Long EC CORP CN N 2 N N N UltraTech Cement Ltd 335800PC9O9B4BQHG814 Ultra Tech Cement Ltd B01GZF902 25248.00000000 NS 2503764.66000000 0.010709004538 Long EC CORP IN N 2 N N N Prudential Financial Inc 5PRBRS5FEH7NREC8OR45 Prudential Financial, Inc 744320102 432.00000000 NS USD 40992.48000000 0.000175331436 Long EC CORP US N 1 N N N Hong Leong Financial Group Bhd 549300EGI40XD5GGWS62 Hong Leong Credit BHD 643645005 6300.00000000 NS 23749.53000000 0.000101580563 Long EC CORP MY N 2 N N N Astellas Pharma Inc 529900IB708DY2HBBB35 Astellas Pharma, Inc J03393105 352700.00000000 NS 4881938.82000000 0.020880838290 Long EC CORP JP N 2 N N N Turkiye Is Bankasi AS 789000FIRX9MDN0KTM91 Turkiye Is Bankasi (Series C) B03MYS900 1486662.00000000 NS 1392293.87000000 0.005955065031 Long EC CORP TR N 2 N N N Unity Software Inc 549300D1ESJMGNQNG432 Unity Software, Inc 91332U101 269.00000000 NS USD 8443.91000000 0.000036115962 Long EC CORP US N 1 N N N HMM Co Ltd N/A HMM Co Ltd 640586905 19357.00000000 NS 233487.99000000 0.000998665723 Long EC CORP KR N 2 N N N Cencosud SA 549300NLTGCFV7482429 Cencosud S.A. B00R3L901 287124.00000000 NS 544425.75000000 0.002328596581 Long EC CORP CL N 1 N N N Roivant Sciences Ltd 549300DL466NY5J6U724 Roivant Sciences Ltd G76279101 145000.00000000 NS USD 1693600.00000000 0.007243799857 Long EC CORP US N 1 N N N PDD Holdings Inc 5493000573DS7005T657 PDD Holdings, Inc (ADR) 722304102 256613.00000000 NS USD 25166036.91000000 0.107639191415 Long EC CORP US N 1 N N N China Hongqiao Group Ltd 3003009Q4IBFSDE24571 China Hongqiao Group Ltd N/A 568000.00000000 NS 553105.26000000 0.002365720242 Long EC CORP HK N 2 N N N ACCOUNTING ONLY FX N/A TWD231209 TWD231209 1.00000000 NC USD -23.99000000 -0.00000010260 N/A DFE CORP US N 2 ACCOUNTING ONLY FX N/A 12207.84000000 USD 391000.00000000 TWD 2023-12-09 -23.99000000 N N N China Shenhua Energy Co Ltd 529900N9JOX4C108MA40 China Shenhua Energy Co Ltd - H B09N7M905 784000.00000000 NS 2536847.58000000 0.010850505513 Long EC CORP HK N 2 N N N Fuyao Glass Industry Group Co Ltd 549300AS5CSLWETN0P64 Fuyao Glass Industry Group Co Ltd - A N/A 22700.00000000 NS 115062.84000000 0.000492142290 Long EC CORP CN N 2 N N N TransDigm Group Inc N/A TransDigm Group, Inc 893641100 65.00000000 NS USD 54803.45000000 0.000234403178 Long EC CORP US N 1 N N N Tencent Music Entertainment Group 213800XTZK2GOHQTYK41 Tencent Music Entertainment Group (ADR) 88034P109 61900.00000000 NS USD 394922.00000000 0.001689144973 Long EC CORP KY N 1 N N N Freeport-McMoRan Inc 549300IRDTHJQ1PVET45 Freeport-McMoRan, Inc (Class B) 35671D857 3333161.00000000 NS USD 124293573.69000000 0.531623625044 Long EC CORP US N 1 N N N N/A N/A Mizuho Bank Ltd 60710TCM1 2000000.00000000 PA USD 2000000.00000000 0.008554321985 Long STIV CORP US N 2 N N Zillow Group Inc 2549002XEELQDIR6FU05 Zillow Group, Inc (Class C) 98954M200 182.00000000 NS USD 8401.12000000 0.000035932942 Long EC CORP US N 1 N N N Allfunds Group Plc 9598005U8TZQ8Q64SC71 Allfunds Group PLC N/A 579471.00000000 NS 3191374.12000000 0.013650020899 Long EC CORP NL N 2 N N N Wingtech Technology Co Ltd N/A Wingtech Technology Co Ltd N/A 16900.00000000 NS 101222.74000000 0.000432945955 Long EC CORP CN N 2 N N N Central Pattana PCL N/A Central Pattana PCL N/A 448700.00000000 NS 776830.23000000 0.003322627957 Long EC CORP TH N 2 N N N Central Retail Corp PCL N/A Central Retail Corp PCL N/A 367975.00000000 NS 390427.41000000 0.001669920888 Long EC CORP TH N 2 N N N Xiamen Faratronic Co Ltd N/A Xiamen Faratronic Co Ltd N/A 2400.00000000 NS 31863.01000000 0.000136283223 Long EC CORP CN N 2 N N N Home Product Center PCL N/A Home Product Center PCL N/A 1146300.00000000 NS 392572.07000000 0.001679093944 Long EC CORP TH N 2 N N N Camden Property Trust 5493002MYX22OHYJBD89 Camden Property Trust 133131102 126.00000000 NS USD 11917.08000000 0.000050971269 Long EC CORP US N 1 N N N BYD Electronic International Co Ltd 5299001O3LAFGRPZ3Y63 BYD Electronic International Co Ltd N/A 65000.00000000 NS 295292.10000000 0.001263011851 Long EC CORP HK N 2 N N N Moderna Inc 549300EI6OKH5K5Q2G38 Moderna, Inc 60770K107 35966.00000000 NS USD 3714928.14000000 0.015889345731 Long EC CORP US N 1 N N N Anjoy Foods Group Co Ltd N/A Fu Jian Anjoy Foods Co Ltd N/A 2700.00000000 NS 46030.24000000 0.000196878747 Long EC CORP CN N 2 N N N PALTAC Corp N/A PALTAC Corp N/A 167200.00000000 NS 5237611.51000000 0.022402107646 Long EC CORP JP N 2 N N N Bank Central Asia Tbk PT 254900BR956G2OHVOM21 Bank Central Asia Tbk PT B01C1P906 12309400.00000000 NS 7013092.21000000 0.029996124439 Long EC CORP ID N 2 N N N Savola Group/The N/A Savola Group N/A 56983.00000000 NS 548034.28000000 0.002344030845 Long EC CORP SA N 2 N N N Thomson Reuters Corp 549300561UZND4C7B569 Thomson Reuters Corp 884903808 38094.00000000 NS 4660187.03000000 0.019932370183 Long EC CORP CA N 1 N N N PNC Financial Services Group Inc/The CFGNEKW0P8842LEUIA51 PNC Financial Services Group, Inc 693475105 2438.00000000 NS USD 299313.26000000 0.001280211000 Long EC CORP US N 1 N N N Hong Leong Bank Bhd 549300BUPYUQGB5BFX94 Hong Leong Bank BHD 643689904 46800.00000000 NS 194221.06000000 0.000830714741 Long EC CORP MY N 2 N N N Power Assets Holdings Ltd 254900JOWYUW1ZX4DF47 Hong Kong Electric Holdings Ltd 643532005 242712.00000000 NS 1172178.87000000 0.005013597739 Long EC CORP HK N 2 N N N MSCI Inc 549300HTIN2PD78UB763 MSCI, Inc (Class A) 55354G100 2838.00000000 NS USD 1456121.04000000 0.006228064113 Long EC CORP US N 1 N N N SAS AB 549300ZJTLE5T4SGP021 SAS AB 712957901 26421.00000000 NS 651.00000000 0.000002784431 Long EC CORP SE N 2 N N N SOCIETE GENERALE SA N/A Societe Generale 99VDQL006 5000000.00000000 PA USD 5000000.00000000 0.021385804964 Long RA CORP US N 2 Repurchase Y 5.30000000 2023-10-02 5000000.00000000 USD 5100092.86000000 USD UST N N Oriental Land Co Ltd/Japan 353800PIFKBZ6KTU5994 Oriental Land Co Ltd J6174U100 538500.00000000 NS 17666920.14000000 0.075564261685 Long EC CORP JP N 2 N N N Bank of Kyoto Ltd/The 549300LRPVT8N6FNFC04 Bank of Kyoto Ltd 607575008 7000.00000000 NS 394546.31000000 0.001687538086 Long EC CORP JP N 2 N N N Naspers Ltd 21380044BQ8812EEKT59 Naspers Ltd N/A 42211.00000000 NS 6753291.24000000 0.028884913864 Long EC CORP ZA N 2 N N N Asustek Computer Inc 254900B3WB4OGRB7HM13 Asustek Computer, Inc 605104900 58000.00000000 NS 659984.36000000 0.002822859360 Long EC CORP TW N 2 N N N GF Securities Co Ltd 3003007E0Y3ZJ5HNA936 GF Securities Co Ltd N/A 90600.00000000 NS 121049.52000000 0.000517748285 Long EC CORP HK N 2 N N N China Zheshang Bank Co Ltd 300300C1031633000208 China Zheshang Bank Co Ltd N/A 114140.00000000 NS 40088.71000000 0.000171465866 Long EC CORP CN N 2 N N N Saudi Telecom Co 21380028ATJ79OTA9W17 Saudi Telecom Co N/A 439303.00000000 NS 4405700.44000000 0.018843890067 Long EC CORP SA N 2 N N N Chifeng Jilong Gold Mining Co Ltd 300300PUFBCIZ7STN538 Chifeng Jilong Gold Mining Co Ltd N/A 5500.00000000 NS 10909.41000000 0.000046661302 Long EC CORP CN N 2 N N N Sichuan Yahua Industrial Group Co Ltd 300300K1MUDTK55VMN82 Sichuan Yahua Industrial Group Co Ltd N/A 7600.00000000 NS 15634.42000000 0.000066870931 Long EC CORP CN N 2 N N N Chaozhou Three-Circle Group Co Ltd 655600NIG229WUTGM382 Chaozhou Three-Circle Group Co Ltd N/A 26600.00000000 NS 113078.48000000 0.000483654863 Long EC CORP CN N 2 N N N Huntington Ingalls Industries Inc 5TZLZ6WJTBVJ0QWBG121 Huntington Ingalls Industries, Inc 446413106 42523.00000000 NS USD 8699355.34000000 0.037208543322 Long EC CORP US N 1 N N N Rockchip Electronics Co Ltd 8368002HC3QUMAKOPK03 Rockchip Electronics Co Ltd N/A 4600.00000000 NS 38745.07000000 0.000165718902 Long EC CORP CN N 2 N N N Teleflex Inc UUL85LWXB4NGSWWXIQ25 Teleflex, Inc 879369106 56.00000000 NS USD 10998.96000000 0.000047044322 Long EC CORP US N 1 N N N Baker Hughes Co N/A Baker Hughes Co 05722G100 261375.00000000 NS USD 9231765.00000000 0.039485745152 Long EC CORP US N 1 N N N Federal Home Loan Bank Discount Notes 2549001DPIFGXC1TOL40 Federal Home Loan Bank (FHLB) 313384NE5 3800000.00000000 PA USD 3790272.46000000 0.016211605518 Long STIV USGSE US N 2 N N N Israel Discount Bank Ltd 549300XWZ7BG5G23OF51 Israel Discount Bank Ltd 465074201 255553.00000000 NS 1385134.91000000 0.005924445006 Long EC CORP IL N 2 N N N Link REIT 529900XUE70U36QX5M62 Link REIT B0PB4M906 368339.00000000 NS 1801005.11000000 0.007703188804 Long EC CORP HK N 2 N N N PGE Polska Grupa Energetyczna SA 259400MP9VXR0E69MJ89 PGE Polska Grupa Energetyczna S.A. N/A 192369.00000000 NS 328950.66000000 0.001406974931 Long EC CORP PL N 2 N N N Air Liquide SA 969500MMPQVHK671GT54 Air Liquide F01764103 135393.00000000 NS 22804445.32000000 0.097538283985 Long EC CORP FR N 2 N N N Great Portland Estates PLC 213800JMEDD2Q4N1MC42 Great Portland Estates plc N/A 204229.00000000 NS 1041073.15000000 0.004452837467 Long EC CORP GB N 2 N N N Muyuan Foods Co Ltd 3003006NCTDQW4KZR676 Muyuan Foods Co Ltd N/A 65544.00000000 NS 340711.74000000 0.001457278964 Long EC CORP CN N 2 N N N Essex Property Trust Inc 549300TR2H2VEFX0NC60 Essex Property Trust, Inc 297178105 16314.00000000 NS USD 3460036.26000000 0.014799132124 Long EC CORP US N 1 N N N Dexcom Inc 549300YSK3QDSFR5EU59 DexCom, Inc 252131107 225897.00000000 NS USD 21076190.10000000 0.090146258172 Long EC CORP US N 1 N N N Kuang-Chi Technologies Co Ltd N/A Kuang-Chi Technologies Co Ltd N/A 27000.00000000 NS 53513.60000000 0.000228886282 Long EC CORP CN N 2 N N N Hubei Xingfa Chemicals Group Co Ltd 300300VDBHR35WWCOK67 Hubei Xingfa Chemicals Group Co Ltd N/A 16400.00000000 NS 44550.46000000 0.000190549489 Long EC CORP CN N 2 N N N Geely Automobile Holdings Ltd 549300YS3T1KVQ2SNI84 Geely Automobile Holdings Ltd N/A 1322000.00000000 NS 1550342.65000000 0.006631065108 Long EC CORP HK N 2 N N N Avary Holding Shenzhen Co Ltd 30030067AGXAJK5FRS12 Avary Holding Shenzhen Co Ltd N/A 24200.00000000 NS 67584.32000000 0.000289069017 Long EC CORP CN N 2 N N N Localiza Rent a Car SA N/A Localiza Rent a Car S.A. 953AWE901 9732.00000000 NC 30977.91000000 0.000132497508 Long EC CORP BR N 1 N N N KB Financial Group Inc 529900TKE4MXG3Q6GW86 KB Financial Group, Inc N/A 167400.00000000 NS 6827724.56000000 0.029203277157 Long EC CORP KR N 2 N N N N/A N/A Skandinaviska Enskilda Banken AB 83050PV22 1000000.00000000 PA USD 1000000.00000000 0.004277160992 Long STIV CORP US N 2 N N Ultrapar Participacoes SA 529900FU4XBXGQMLRE72 Ultrapar Participacoes S.A. N/A 171000.00000000 NS 637862.95000000 0.002728242528 Long EC CORP BR N 1 N N N Clicks Group Ltd 378900E967958A677472 Clicks Group Ltd N/A 49111.00000000 NS 670895.10000000 0.002869526351 Long EC CORP ZA N 2 N N N Vanguard FTSE Developed Markets ETF N/A Vanguard FTSE Developed Markets ETF 921943858 50000.00000000 NS USD 2186000.00000000 0.009349873930 Long EC RF US N 1 N N China Medical System Holdings Ltd 529900Z57DVJXUBLHX66 China Medical System Holdings Ltd N/A 112000.00000000 NS 169041.03000000 0.000723015699 Long EC CORP HK N 2 N N N Dover Corp 549300FMC2ALGA7N9E80 Dover Corp 260003108 167941.00000000 NS USD 23429448.91000000 0.100211524960 Long EC CORP US N 1 N N N Charles Schwab Corp/The 549300VSGCJ7E698NM85 Charles Schwab Corp 808513105 588527.00000000 NS USD 32310132.30000000 0.138195637546 Long EC CORP US N 1 N N N Jizhong Energy Resources Co Ltd 300300RB4ZPQVWNPOM87 Jizhong Energy Resources Co Ltd N/A 126600.00000000 NS 116963.13000000 0.000500270137 Long EC CORP CN N 2 N N N Guotai Junan Securities Co Ltd 300300E1005431000017 Guotai Junan Securities Co Ltd N/A 41000.00000000 NS 81964.61000000 0.000350575832 Long EC CORP CN N 2 N N N Berkshire Hathaway Inc 5493000C01ZX7D35SD85 Berkshire Hathaway, Inc 084670702 380935.00000000 NS USD 133441530.50000000 0.570750909075 Long EC CORP US N 1 N N N Trade Desk Inc/The 549300GXPD31VT3E0P46 Trade Desk, Inc 88339J105 527.00000000 NS USD 41185.05000000 0.000176155089 Long EC CORP US N 1 N N N Hyundai Steel Co 9884006EYA94IB2C3132 Hyundai Steel Co 646185900 18574.00000000 NS 522492.13000000 0.002234782957 Long EC CORP KR N 2 N N N Fubon Financial Holding Co Ltd 549300G7Y2TS2XNIB476 Fubon Financial Holding Co Ltd 641167903 1742977.00000000 NS 3281550.94000000 0.014035721676 Long EC CORP TW N 2 N N N Hunan Changyuan Lico Co Ltd N/A Hunan Changyuan Lico Co Ltd N/A 6648.00000000 NS 7809.02000000 0.000033400435 Long EC CORP CN N 2 N N N CLP Holdings Ltd 25490002BUTSMP94GO68 CLP Holdings Ltd Y1660Q104 327500.00000000 NS 2418220.86000000 0.010343119934 Long EC CORP HK N 2 N N N Nomura Holdings Inc 549300B3CEAHYG7K8164 Nomura Holdings, Inc 664310000 690400.00000000 NS 2764657.54000000 0.011824885388 Long EC CORP JP N 2 N N N Piramal Pharma Ltd 3358006D6AL7PZ4U9T51 Piramal Pharma Ltd N/A 237260.00000000 NS 291570.55000000 0.001247094183 Long EC CORP IN N 2 N N N Chewy Inc 254900NPQSTG9I422879 Chewy, Inc 16679L109 247.00000000 NS USD 4510.22000000 0.000019290937 Long EC CORP US N 1 N N N Exxon Mobil Corp J3WHBG0MTS7O8ZVMDC91 Exxon Mobil Corp 30231G102 2739160.00000000 NS USD 322070432.80000000 1.377547092110 Long EC CORP US N 1 N N N Booz Allen Hamilton Holding Corp 529900JPV47PIUWMA015 Booz Allen Hamilton Holding Corp 099502106 155.00000000 NS USD 16936.85000000 0.000072441634 Long EC CORP US N 1 N N N Joincare Pharmaceutical Group Industry Co Ltd 3003006PUWUKPH72TS46 Joincare Pharmaceutical Group Industry Co Ltd N/A 283877.00000000 NS 482724.33000000 0.002064689674 Long EC CORP CN N 2 N N N Adani Power Ltd 33580074T4XKFXBDG813 Adani Power Ltd N/A 168319.00000000 NS 765065.63000000 0.003272308869 Long EC CORP IN N 2 N N N Sabra Health Care REIT Inc 549300E3BC7GU7TAZ621 Sabra Health Care REIT, Inc 78573L106 110849.00000000 NS USD 1545235.06000000 0.006609219123 Long EC CORP US N 1 N N N Lululemon Athletica Inc 549300D9GZ4BMLDW5T40 Lululemon Athletica, Inc 550021109 119959.00000000 NS USD 46257389.99000000 0.197850304094 Long EC CORP US N 1 N N N Dallah Healthcare Co N/A Dallah Healthcare Co N/A 7502.00000000 NS 285241.82000000 0.001220025186 Long EC CORP SA N 2 N N N Baxter International Inc J5OIVXX3P24RJRW5CK77 Baxter International, Inc 071813109 61307.00000000 NS USD 2313726.18000000 0.009896179365 Long EC CORP US N 1 N N N Zebra Technologies Corp PO0I32GKZ3HZMMDPZZ08 Zebra Technologies Corp (Class A) 989207105 61.00000000 NS USD 14428.33000000 0.000061712290 Long EC CORP US N 1 N N N ConocoPhillips WPTL2Z3FIYTHSP5V2253 ConocoPhillips 20825C104 655821.00000000 NS USD 78567355.80000000 0.336045229536 Long EC CORP US N 1 N N N DoorDash Inc 549300NUQ43FGGSK5051 DoorDash, Inc 25809K105 299.00000000 NS USD 23761.53000000 0.000101631889 Long EC CORP US N 1 N N N CRH PLC 549300MIDJNNTH068E74 CRH plc G25508105 1404677.00000000 NS USD 76877972.21000000 0.328819463943 Long EC CORP US N 1 N N N N/A N/A ING US Funding LLC 44988GDW5 500000.00000000 PA USD 500000.00000000 0.002138580496 Long STIV CORP US N 2 N N GalaxyCore Inc N/A GalaxyCore, Inc N/A 13818.00000000 NS 29123.47000000 0.000124565769 Long EC CORP CN N 2 N N N Hitachi Ltd 549300T6IPOCDWLKC615 Hitachi Ltd 642910004 1578664.00000000 NS 97841697.18000000 0.418484690648 Long EC CORP JP N 2 N N N SDIC Capital Co Ltd N/A SDIC Capital Co Ltd N/A 28600.00000000 NS 27040.16000000 0.000115655117 Long EC CORP CN N 2 N N N Chongqing Brewery Co Ltd N/A Chongqing Brewery Co Ltd N/A 5000.00000000 NS 58501.92000000 0.000250222130 Long EC CORP CN N 2 N N N Fortive Corp 549300MU9YQJYHDQEF63 Fortive Corp 34959J108 488061.00000000 NS USD 36194603.76000000 0.154810147352 Long EC CORP US N 1 N N N IQVIA Holdings Inc 549300W3R20NM4KQPH86 IQVIA Holdings, Inc 46266C105 5402.00000000 NS USD 1062843.50000000 0.004545952759 Long EC CORP US N 1 N N N Baoshan Iron & Steel Co Ltd 300300PYAP4PEHORZT21 Baoshan Iron & Steel Co Ltd N/A 341600.00000000 NS 285436.37000000 0.001220857307 Long EC CORP CN N 2 N N N Daito Trust Construction Co Ltd 353800QQ4DRI3KXS3038 Daito Trust Construction Co Ltd 625050000 7600.00000000 NS 800535.40000000 0.003424018786 Long EC CORP JP N 2 N N N Pentair PLC 549300EVR9D56WPSRP15 Pentair plc G7S00T104 195.00000000 NS USD 12626.25000000 0.000054004503 Long EC CORP US N 1 N N N SG Micro Corp N/A SG Micro Corp N/A 5070.00000000 NS 53975.73000000 0.000230862886 Long EC CORP CN N 2 N N N GEM Co Ltd 300300FYIZ7FGM2QRC06 GEM Co Ltd N/A 26900.00000000 NS 22470.84000000 0.000096111400 Long EC CORP CN N 2 N N N Industrial & Commercial Bank of China Ltd 5493002ERZU2K9PZDL40 Industrial & Commercial Bank of China Ltd - A N/A 329900.00000000 NS 211563.10000000 0.000904889438 Long EC CORP CN N 2 N N N Lenovo Group Ltd 254900VUZRGD5U73RE46 Lenovo Group Ltd 621808906 602000.00000000 NS 617249.51000000 0.002640075527 Long EC CORP HK N 2 N N N Banco de Chile 8B4EZFY8IHJC44TT2K84 Banco de Chile N/A 13689013.00000000 NS 1392734.46000000 0.005956949505 Long EC CORP CL N 1 N N N Comcast Corp 51M0QTTNCGUN7KFCFZ59 Comcast Corp (Class A) 20030N101 993392.00000000 NS USD 44047001.28000000 0.188396115725 Long EC CORP US N 1 N N N Riyad Bank 54930037RJ782ISGGM71 Riyad Bank N/A 347650.00000000 NS 2574107.03000000 0.011009870180 Long EC CORP SA N 2 N N N Nucor Corp 549300GGJCRSI2TIEJ46 Nucor Corp 670346105 47008.00000000 NS USD 7349700.80000000 0.031435853570 Long EC CORP US N 1 N N N Zhejiang Longsheng Group Co Ltd 300300XYB5YIMVFQA157 Zhejiang Longsheng Group Co Ltd N/A 58400.00000000 NS 74297.51000000 0.000317782411 Long EC CORP CN N 2 N N N Albemarle Corp HDBLS2Q6GV1LSKQPBS54 Albemarle Corp 012653101 26308.00000000 NS USD 4473412.32000000 0.019133504679 Long EC CORP US N 1 N N N Wuhan Guide Infrared Co Ltd 3003008240B1DJP5FT46 Wuhan Guide Infrared Co Ltd N/A 29118.00000000 NS 30392.56000000 0.000129993872 Long EC CORP CN N 2 N N N Doosan Enerbility Co Ltd 988400TK5NA3GLSTN506 Doosan Heavy Industries and Construction Co Ltd 629467903 98800.00000000 NS 1201432.26000000 0.005138719197 Long EC CORP KR N 2 N N N M&T Bank Corp 549300WYXDDBYRASEG81 M&T Bank Corp 55261F104 156997.00000000 NS USD 19852270.65000000 0.084911357642 Long EC CORP US N 1 N N N Federal Home Loan Bank Discount Notes 2549001DPIFGXC1TOL40 Federal Home Loan Bank (FHLB) 313384MV8 15500000.00000000 PA USD 15479644.32000000 0.066208930868 Long STIV USGSE US N 2 N N N KLA Corp 549300H0BF5JCG96TJ81 KLA Corp 482480100 162.00000000 NS USD 74302.92000000 0.000317805551 Long EC CORP US N 1 N N N Onex Corp 894500LB8PNE5C7CEN88 Onex Corp 68272K103 18277.00000000 NS 1074215.28000000 0.004594591693 Long EC CORP CA N 1 N N N Emerson Electric Co FGLT0EWZSUIRRITFOA30 Emerson Electric Co 291011104 677.00000000 NS USD 65377.89000000 0.000279631760 Long EC CORP US N 1 N N N Flex Ltd 549300EAQH74YHD07T53 Flextronics International Ltd Y2573F102 3158680.00000000 NS USD 85221186.40000000 0.364504734231 Long EC CORP US N 1 N N N Country Garden Services Holdings Co Ltd 549300P2JRKENZSEBB42 Country Garden Services Holdings Co Ltd N/A 485000.00000000 NS 495308.25000000 0.002118513126 Long EC CORP HK N 2 N N F&F Co Ltd / New N/A F&F Co Ltd N/A 3295.00000000 NS 275644.62000000 0.001178976416 Long EC CORP KR N 2 N N N Hyundai Motor Co 9884004RQX8PRBXQ8S60 Hyundai Motor Co Ltd (Preference) N/A 5358.00000000 NS 416527.80000000 0.001781556458 Long EC CORP KR N 2 N N N Alibaba Group Holding Ltd 5493001NTNQJDH60PM02 Alibaba Group Holding Ltd (ADR) 01609W102 743035.00000000 NS USD 64450855.90000000 0.275666686808 Long EC CORP CN N 1 N N N Yageo Corp 5493001P0TOZH7GGNQ21 Yageo Corp 698438900 26739.00000000 NS 435412.71000000 0.001862330258 Long EC CORP TW N 2 N N N Alliant Energy Corp 5493009ML300G373MZ12 Alliant Energy Corp 018802108 459819.00000000 NS USD 22278230.55000000 0.095287578697 Long EC CORP US N 1 N N N China International Capital Corp Ltd 529900OS3SVVTT56QN67 China International Capital Corp Ltd N/A 9100.00000000 NS 46863.90000000 0.000200444445 Long EC CORP CN N 2 N N N Chunghwa Telecom Co Ltd N/A Chunghwa Telecom Co Ltd 628784902 322000.00000000 NS 1157388.41000000 0.004950336560 Long EC CORP TW N 2 N N N Sichuan Swellfun Co Ltd N/A Sichuan Swellfun Co Ltd N/A 6400.00000000 NS 53221.46000000 0.000227636752 Long EC CORP CN N 2 N N N United States Treasury Bill 254900HROIFWPRGM1V77 United States Treasury Bill 912797HB6 20000000.00000000 PA USD 19956062.40000000 0.085355291667 Long STIV UST US N 2 N N N Rivian Automotive Inc N/A Rivian Automotive, Inc 76954A103 772.00000000 NS USD 18744.16000000 0.000080171789 Long EC CORP US N 1 N N Adani Enterprises Ltd 335800OTN96B3M38HC30 Adani Enterprises Ltd N/A 36490.00000000 NS 1056899.89000000 0.004520530982 Long EC CORP IN N 2 N N N Ford Otomotiv Sanayi AS 7890006XJG6ZE2H34671 Ford Otomotiv Sanayi AS B03MSR909 14534.00000000 NS 447917.65000000 0.001915815900 Long EC CORP TR N 2 N N N Ingenia Communities Group N/A Ingenia Communities Group N/A 4317113.00000000 NS 11551276.62000000 0.049406669776 Long EC CORP AU N 2 N N N Viatris Inc 254900ZZTSW7NL773X71 Viatris, Inc 92556V106 1420.00000000 NS USD 14001.20000000 0.000059885386 Long EC CORP US N 1 N N N PRADA SpA 8156000FE0A2DC5B7852 PRADA S.p.A N/A 1882881.00000000 NS 11034724.97000000 0.047197295208 Long EC CORP HK N 2 N N N China Overseas Land & Investment Ltd 529900I6W35GYKRIZ151 China Overseas Land & Investment Ltd 619215007 612435.00000000 NS 1265418.91000000 0.005412400401 Long EC CORP HK N 2 N N N Power Grid Corp of India Ltd 3358009SHWZ3DZEQ4Z56 Power Grid Corp of India Ltd N/A 1050480.00100000 NS 2521464.88000000 0.010784711229 Long EC CORP IN N 2 N N N Tokyo Gas Co Ltd 353800678EIJLOQSWZ83 Tokyo Gas Co Ltd 689544005 157100.00000000 NS 3561871.44000000 0.015234697584 Long EC CORP JP N 2 N N N General Mills Inc 2TGYMUGI08PO8X8L6150 General Mills, Inc 370334104 64831.00000000 NS USD 4148535.69000000 0.017743955030 Long EC CORP US N 1 N N N Southwest Securities Co Ltd 300300E1009950000030 Southwest Securities Co Ltd N/A 29700.00000000 NS 16822.04000000 0.000071950573 Long EC CORP CN N 2 N N N BHP Group Ltd WZE1WSENV6JSZFK0JC28 BHP Billiton Ltd 614469005 1164864.00000000 NS 32721969.85000000 0.139957133050 Long EC CORP AU N 2 N N N Crown Holdings Inc NYLWZIOY8PUNIT4JOE22 Crown Holdings, Inc 228368106 914329.00000000 NS USD 80899829.92000000 0.346021596859 Long EC CORP US N 1 N N N Xiamen C & D Inc 300300NQXZDZZ0OSCN43 Xiamen C & D, Inc N/A 48700.00000000 NS 66421.51000000 0.000284095491 Long EC CORP CN N 2 N N N Agilent Technologies Inc QUIX8Y7A2WP0XRMW7G29 Agilent Technologies, Inc 00846U101 87959.00000000 NS USD 9835575.38000000 0.042068339357 Long EC CORP US N 1 N N N Abu Dhabi Islamic Bank PJSC 5493006DOLY8O98XHD74 Abu Dhabi Islamic Bank PJSC N/A 117357.00000000 NS 359766.36000000 0.001538778641 Long EC CORP AE N 2 N N N Nasdaq Inc 549300L8X1Q78ERXFD06 Nasdaq Stock Market, Inc 631103108 407.00000000 NS USD 19776.13000000 0.000084585691 Long EC CORP US N 1 N N N Maxscend Microelectronics Co Ltd N/A Maxscend Microelectronics Co Ltd N/A 6608.00000000 NS 105775.07000000 0.000452417003 Long EC CORP CN N 2 N N N Thai Oil PCL 549300HG5527UPZLTT69 Thai Oil PCL B0305J900 379902.00000000 NS 523508.35000000 0.002239129494 Long EC CORP TH N 2 N N N Canadian Natural Resources Ltd 549300T15RIMIKZC5Q38 Canadian Natural Resources Ltd 136385101 202153.00000000 NS 13073528.08000000 0.055917584342 Long EC CORP CA N 1 N N N AECC Aviation Power Co Ltd N/A AECC Aviation Power Co Ltd N/A 34000.00000000 NS 173133.27000000 0.000740518869 Long EC CORP CN N 2 N N N Nanya Technology Corp 254900STKVKJBRRO0835 Nanya Technology Corp 628360901 100000.00000000 NS 203792.96000000 0.000871655299 Long EC CORP TW N 2 N N N Davide Campari-Milano NV 213800ED5AN2J56N6Z02 Davide Campari-Milano NV N/A 3501860.00000000 NS 41225035.50000000 0.176326113767 Long EC CORP IT N 2 N N N Analog Devices Inc GYVOE5EZ4GDAVTU4CQ61 Analog Devices, Inc 032654105 594.00000000 NS USD 104003.46000000 0.000444839542 Long EC CORP US N 1 N N N Inner Mongolia Yuan Xing Energy Co Ltd 300300HF6XQ50FSVY467 Inner Mongolia Yuan Xing Energy Co Ltd N/A 56900.00000000 NS 55265.89000000 0.000236381108 Long EC CORP CN N 2 N N N Teleperformance 9695004GI61FHFFNRG61 Teleperformance 599933900 205419.00000000 NS 25791667.33000000 0.110315113443 Long EC CORP FR N 2 N N N Zscaler Inc 529900MZ0RTK1BWRNF46 Zscaler, Inc 98980G102 104.00000000 NS USD 16181.36000000 0.000069210281 Long EC CORP US N 1 N N N Giant Manufacturing Co Ltd 549300M7TYVF50B2GY12 Giant Manufacturing Co Ltd N/A 60797.00000000 NS 335704.96000000 0.001435864160 Long EC CORP TW N 2 N N N Iron Mountain Inc SQL3F6CKNNBM3SQGHX24 Iron Mountain, Inc 46284V101 345.00000000 NS USD 20510.25000000 0.000087725641 Long EC CORP US N 1 N N Southern Copper Corp 2549007U6NAP46Q9TU15 Southern Copper Corp 84265V105 19492.00000000 NS USD 1467552.68000000 0.006276959077 Long EC CORP US N 1 N N N Yankuang Energy Group Co Ltd 3003005N7A6HYZ4Z0K39 Yanzhou Coal Mining Co Ltd (Class A) N/A 70450.00000000 NS 195620.55000000 0.000836700585 Long EC CORP CN N 2 N N N Zhejiang Sanhua Intelligent Controls Co Ltd 8368003UTQ4F88XERZ23 Zhejiang Sanhua Intelligent Controls Co Ltd N/A 9300.00000000 NS 37945.83000000 0.000162300423 Long EC CORP CN N 2 N N N Ganfeng Lithium Group Co Ltd 3003006BE6UOHWEOOR42 Ganfeng Lithium Group Co Ltd N/A 19120.00000000 NS 117363.39000000 0.000501982113 Long EC CORP CN N 2 N N N Natura & Co Holding SA N/A Natura & Co Holding S.A. N/A 187395.00000000 NS 542811.91000000 0.002321693927 Long EC CORP BR N 1 N N N Samsung C&T Corp 988400GFRE4IDFPE9E64 Samsung C&T Corp N/A 17618.00000000 NS 1404689.69000000 0.006008083949 Long EC CORP KR N 2 N N N COSCO SHIPPING Energy Transportation Co Ltd 529900IGB8FVHRCR1W95 COSCO SHIPPING Energy Transportation Co Ltd N/A 69900.00000000 NS 129386.85000000 0.000553408387 Long EC CORP CN N 2 N N N Equatorial Energia SA N/A Equatorial Energia S.A. N/A 216189.00000000 NS 1378882.00000000 0.005897700304 Long EC CORP BR N 1 N N N COSCO SHIPPING Energy Transportation Co Ltd 529900IGB8FVHRCR1W95 China Shipping Development Co Ltd 678204900 126000.00000000 NS 137157.87000000 0.000586646291 Long EC CORP HK N 2 N N Microport Scientific Corp 5299009MK4VZID944A20 Microport Scientific Corp N/A 228500.00000000 NS 343635.21000000 0.001469783115 Long EC CORP HK N 2 N N N Sichuan Road and Bridge Group Co Ltd 3003007YDF25LKX9OI30 Sichuan Road and Bridge Group Co Ltd N/A 107100.00000000 NS 127108.46000000 0.000543663346 Long EC CORP CN N 2 N N N VF Corp CWAJJ9DJ5Z7P057HV541 VF Corp 918204108 31705.00000000 NS USD 560227.35000000 0.002396182568 Long EC CORP US N 1 N N N HYBE Co Ltd 988400NYDQI538IJ3K23 HYBE Co Ltd N/A 3975.00000000 NS 699604.47000000 0.002992320949 Long EC CORP KR N 2 N N N Nien Made Enterprise Co Ltd N/A Nien Made Enterprise Co Ltd N/A 33000.00000000 NS 316817.05000000 0.001355077528 Long EC CORP TW N 2 N N N First Capital Securities Co Ltd 3003007W6RHRZJVRZ944 First Capital Securities Co Ltd N/A 25700.00000000 NS 20788.03000000 0.000088913751 Long EC CORP CN N 2 N N N HelloFresh SE 391200ZAF4V6XD2M9G57 HelloFresh SE N/A 515315.00000000 NS 15312324.94000000 0.065493278942 Long EC CORP DE N 2 N N N TCL Technology Group Corp 300300K9RLEXIIDB1U19 TCL Technology Group Corp N/A 287710.00000000 NS 161196.22000000 0.000689462184 Long EC CORP CN N 2 N N N Lite-On Technology Corp 2549005GU1PQ73SZBT32 Lite-On Technology Corp 651948903 167000.00000000 NS 630493.01000000 0.002696720108 Long EC CORP TW N 2 N N N Argenx SE 7245009C5FZE6G9ODQ71 Argenx SE N/A 24562.00000000 NS 11960942.22000000 0.051158875500 Long EC CORP NL N 2 N N N AIB Group PLC 635400AKJBGNS5WNQL34 AIB Group plc N/A 3625738.00000000 NS 16251325.53000000 0.069509535638 Long EC CORP IE N 2 N N N Power Finance Corp Ltd 3358003Q6D9LIJJZ1614 Power Finance Corp Ltd N/A 248127.00000000 NS 751319.35000000 0.003213513816 Long EC CORP IN N 2 N N N Kweichow Moutai Co Ltd N/A Kweichow Moutai Co Ltd N/A 16397.00000000 NS 4066661.55000000 0.017393766152 Long EC CORP CN N 2 N N N China Jinmao Holdings Group Ltd 3003000CW9WBO3PJ7R66 China Jinmao Holdings Group Ltd N/A 194000.00000000 NS 24942.50000000 0.000106683088 Long EC CORP HK N 2 N N N Starbucks Corp OQSJ1DU9TAOC51A47K68 Starbucks Corp 855244109 248923.00000000 NS USD 22719202.21000000 0.097173685480 Long EC CORP US N 1 N N N Raytron Technology Co Ltd N/A Raytron Technology Co Ltd N/A 5546.00000000 NS 36317.90000000 0.000155337505 Long EC CORP CN N 2 N N N Godrej Consumer Products Ltd 335800P4GUWLGZFK2D63 Godrej Consumer Products Ltd N/A 88905.00000000 NS 1060580.03000000 0.004536271534 Long EC CORP IN N 2 N N N Dr Reddy's Laboratories Ltd 335800OVDPY3DVZR2798 Dr Reddy's Laboratories Ltd 641095906 35977.00000000 NS 2414418.94000000 0.010326858510 Long EC CORP IN N 2 N N N Alinma Bank 558600HPAUTN6XSVBK93 Alinma Bank N/A 589081.00000000 NS 5250782.28000000 0.022458441149 Long EC CORP SA N 2 N N N Bio-Rad Laboratories Inc 549300ZC1GPV35XYDK53 Bio-Rad Laboratories, Inc (Class A) 090572207 26.00000000 NS USD 9319.70000000 0.000039861857 Long EC CORP US N 1 N N N BDO Unibank Inc 3FGIIBS1PEI1FYQBGN97 BDO Unibank, Inc 652334905 616610.00000000 NS 1543295.35000000 0.006600922671 Long EC CORP PH N 2 N N N Anglogold Ashanti UK Ltd 2138005YDSA7A82RNU96 AngloGold Ashanti UK Ltd N/A 88121.00000000 NS 1415803.78000000 0.006055620701 Long EC CORP ZA N 2 N N N Sumber Alfaria Trijaya Tbk PT N/A Sumber Alfaria Trijaya Tbk PT N/A 3592700.00000000 NS 688087.48000000 0.002943060929 Long EC CORP ID N 2 N N N E Ink Holdings Inc 529900UOR451FJJYL571 E Ink Holdings, Inc N/A 1068142.00000000 NS 5955944.27000000 0.025474532507 Long EC CORP TW N 2 N N N Ingersoll Rand Inc 5299004C02FMZCUOIR50 Ingersoll Rand, Inc 45687V106 764003.00000000 NS USD 48682271.16000000 0.208221911247 Long EC CORP US N 1 N N N Winbond Electronics Corp 254900STBMBTLA91J410 Winbond Electronics Corp 696651900 241000.00000000 NS 189431.94000000 0.000810230904 Long EC CORP TW N 2 N N N Changzhou Xingyu Automotive Lighting Systems Co Ltd N/A Changzhou Xingyu Automotive Lighting Systems Co Ltd N/A 3000.00000000 NS 62431.12000000 0.000267027951 Long EC CORP CN N 2 N N N Arista Networks Inc 635400H1WKBLOQERUU95 Arista Networks, Inc 040413106 310.00000000 NS USD 57018.30000000 0.000243876448 Long EC CORP US N 1 N N N Hana Financial Group Inc N/A Hana Financial Group, Inc B0RNRF908 24250.00000000 NS 759715.43000000 0.003249425202 Long EC CORP KR N 2 N N N Federal Home Loan Bank Discount Notes 2549001DPIFGXC1TOL40 Federal Home Loan Bank (FHLB) 313384NR6 30000000.00000000 PA USD 29873419.80000000 0.127773425890 Long STIV USGSE US N 2 N N N Wanda Film Holding Co Ltd N/A Wanda Film Holding Co Ltd N/A 38100.00000000 NS 70680.09000000 0.000302310123 Long EC CORP CN N 2 N N N Kakao Corp 988400FTKUBQXKVZP434 Kakao Corp 619403900 25075.00000000 NS 818362.85000000 0.003500269659 Long EC CORP KR N 2 N N N Lucid Group Inc N/A Lucid Group, Inc 549498103 1196.00000000 NS USD 6685.64000000 0.000028595558 Long EC CORP US N 1 N N China National Chemical Engineering Co Ltd 300300PQKHJ03AUIIX32 China National Chemical Engineering Co Ltd N/A 32900.00000000 NS 35171.96000000 0.000150436135 Long EC CORP CN N 2 N N N Adyen NV 724500973ODKK3IFQ447 Adyen NV N/A 10643.00000000 NS 7891079.72000000 0.033751418369 Long EC CORP NL Y 2 N N N Axis Bank Ltd 549300HVNWMJPOFVNI41 Axis Bank Ltd N/A 743531.00000000 NS 9255281.08000000 0.039586327212 Long EC CORP IN N 2 N N N Newmont Corp 549300VSP3RIX7FGDZ51 Newmont Goldcorp Corp 651639106 176071.00000000 NS USD 6505823.45000000 0.027826454286 Long EC CORP US N 1 N N N Rexford Industrial Realty Inc 549300MSLO0DF0EMX355 Rexford Industrial Realty, Inc 76169C100 376309.00000000 NS USD 18570849.15000000 0.079430511587 Long EC CORP US N 1 N N N iRay Technology Co Ltd 30030001U2KA1D3CS476 iRay Technology Co Ltd N/A 1001.00000000 NS 33584.80000000 0.000143647596 Long EC CORP CN N 2 N N N Motor Oil Hellas Corinth Refineries SA 213800U3Y9UL7Y4QVM11 Motor Oil Hellas Corinth Refineries S.A. 599623907 16198.00000000 NS 409980.57000000 0.001753552901 Long EC CORP GR N 2 N N N Sime Darby Plantation Bhd N/A Sime Darby Plantation Bhd N/A 414100.00000000 NS 377016.96000000 0.001612562234 Long EC CORP MY N 2 N N N Westpac Banking Corp EN5TNI6CI43VEPAMHL14 Westpac Banking Corp Q97417101 756710.00000000 NS 10228864.50000000 0.043750500240 Long EC CORP AU N 2 N N N Power & Water Utility Co for Jubail & Yanbu N/A Power & Water Utility Co for Jubail & Yanbu N/A 17441.00000000 NS 291716.39000000 0.001247717964 Long EC CORP SA N 2 N N N Komercni Banka AS IYKCAVNFR8QGF00HV840 Komercni Banka AS 451944904 5945.00000000 NS 172850.34000000 0.000739308731 Long EC CORP CZ N 2 N N N Far East Horizon Ltd 549300S9XRGO1ZPUHE62 Far East Horizon Ltd N/A 72000.00000000 NS 51791.42000000 0.000221520241 Long EC CORP HK N 2 N N N Pharmaron Beijing Co Ltd 300300JYXHGVS5SNGG54 Pharmaron Beijing Co Ltd - A N/A 7425.00000000 NS 31730.04000000 0.000135714489 Long EC CORP CN N 2 N N N Kumba Iron Ore Ltd 3789006C753402643048 Kumba Iron Ore Ltd B1G426907 13990.00000000 NS 336040.78000000 0.001437300516 Long EC CORP ZA N 2 N N N Motorola Solutions Inc 6S552MUG6KGJVEBSEC55 Motorola Solutions, Inc 620076307 199.00000000 NS USD 54175.76000000 0.000231718447 Long EC CORP US N 1 N N N Fevertree Drinks PLC 2138007AJRLHRVQZLD07 Fevertree Drinks plc N/A 856139.00000000 NS 12534901.57000000 0.053613792043 Long EC CORP GB N 2 N N N GoerTek Inc 300300FEEFS8BQPXIV57 GoerTek, Inc N/A 16600.00000000 NS 35918.22000000 0.000153628009 Long EC CORP CN N 2 N N N Elm Co N/A Elm Co N/A 5328.00000000 NS 1108091.03000000 0.004739483730 Long EC CORP SA N 2 N N N Shenzhen Senior Technology Material Co Ltd 836800ECUYIXOTXAMW45 Shenzhen Senior Technology Material Co Ltd N/A 10382.00000000 NS 18648.39000000 0.000079762166 Long EC CORP CN N 2 N N N Al Rajhi Bank 558600BQZS4Y1DTU8589 Al Rajhi Bank N/A 616117.00000000 NS 11161904.26000000 0.047741261506 Long EC CORP SA N 2 N N N Qatar National Bank QPSC 549300FFSRVBS0SQXY75 Qatar National Bank QPSC N/A 984517.00000000 NS 4165688.87000000 0.017817321942 Long EC CORP QA N 2 N N N SRF Ltd 335800436F28GT8ZW506 SRF Ltd N/A 31641.00000000 NS 854692.86000000 0.003655658961 Long EC CORP IN N 2 N N N Mitsui Fudosan Co Ltd 353800ND4ZKNZDYKMF33 Mitsui Fudosan Co Ltd J4509L101 8350.00000000 NS 183900.37000000 0.000786571489 Long EC CORP JP N 2 N N N Warner Bros Discovery Inc 5493006ZCRFWKF6B1K26 Warner Bros Discovery, Inc 934423104 435752.00000000 NS USD 4732266.72000000 0.020240666622 Long EC CORP US N 1 N N N SK Bioscience Co Ltd 988400F5SGZAXEGIAM36 SK Bioscience Co Ltd N/A 1817.00000000 NS 91445.76000000 0.000391128237 Long EC CORP KR N 2 N N N Guoyuan Securities Co Ltd 300300E1007634000094 Guoyuan Securities Co Ltd N/A 25790.00000000 NS 23979.42000000 0.000102563839 Long EC CORP CN N 2 N N N GoodWe Technologies Co Ltd N/A GoodWe Technologies Co Ltd N/A 1960.00000000 NS 35648.94000000 0.000152476255 Long EC CORP CN N 2 N N N Bank of New York Mellon Corp/The WFLLPEPC7FZXENRZV188 Bank of New York Mellon Corp 064058100 594590.00000000 NS USD 25359263.50000000 0.108465652648 Long EC CORP US N 1 N N N Merdeka Copper Gold Tbk PT 894500DF5TJXCOE26L58 Merdeka Copper Gold Tbk PT N/A 2319288.00000000 NS 430870.48000000 0.001842902410 Long EC CORP ID N 2 N N N MS&AD Insurance Group Holdings Inc 529900CXROT5S2HMMP26 Mitsui Sumitomo Insurance Group Holdings, Inc B2Q4CS905 97700.00000000 NS 3575262.64000000 0.015291973902 Long EC CORP JP N 2 N N N Ambuja Cements Ltd 335800NT6LQHR1428E20 Ambuja Cements Ltd B09QQ1903 128602.00000000 NS 655645.10000000 0.002804299646 Long EC CORP IN N 2 N N N Texas Instruments Inc WDJNR2L6D8RWOEB8T652 Texas Instruments, Inc 882508104 1075.00000000 NS USD 170935.75000000 0.000731119722 Long EC CORP US N 1 N N N KakaoBank Corp N/A KakaoBank Corp N/A 13449.00000000 NS 232748.32000000 0.000995502035 Long EC CORP KR N 2 N N N Sinolink Securities Co Ltd 300300XTI3CMWAP25D43 Sinolink Securities Co Ltd N/A 18700.00000000 NS 23925.23000000 0.000102332060 Long EC CORP CN N 2 N N N Brenntag SE NNROIXVWJ7CPSR27SV97 Brenntag SE N/A 301503.00000000 NS 23329303.77000000 0.099783188074 Long EC CORP DE N 2 N N N Tingyi Cayman Islands Holding Corp 5299009MPI9B60VN4P25 Tingyi Cayman Islands Holding Corp 690355904 454000.00000000 NS 634247.44000000 0.002712778410 Long EC CORP HK N 2 N N N SK Square Co Ltd N/A SK Square Co Ltd N/A 20572.00000000 NS 645887.83000000 0.002762566232 Long EC CORP KR N 2 N N N Bath & Body Works Inc GR3KVMWVCR54YWQNXU90 Bath & Body Works, Inc 070830104 257.00000000 NS USD 8686.60000000 0.000037153986 Long EC CORP US N 1 N N N Powszechny Zaklad Ubezpieczen SA QLPCKOOKVX32FUELX240 Powszechny Zaklad Ubezpieczen S.A. N/A 128535.00000000 NS 1214077.59000000 0.005192805310 Long EC CORP PL N 2 N N N China Construction Bank Corp 5493001KQW6DM7KEDR62 China Construction Bank Corp - A N/A 93500.00000000 NS 80807.12000000 0.000345625061 Long EC CORP CN N 2 N N N Want Want China Holdings Ltd 5299005HZCEKX4O1J230 Want Want China Holdings Ltd B2Q14Z904 1084000.00000000 NS 706506.18000000 0.003021840674 Long EC CORP HK N 2 N N N Indofood CBP Sukses Makmur Tbk PT 254900YKZW9GRKZZN285 Indofood CBP Sukses Makmur Tbk PT N/A 472000.00000000 NS 338260.98000000 0.001446796669 Long EC CORP ID N 2 N N N Banco Bilbao Vizcaya Argentaria SA K8MS7FD7N5Z2WQ51AZ71 Banco Bilbao Vizcaya Argentaria S.A. E11805103 8768349.00000000 NS 70961617.61000000 0.303514262828 Long EC CORP ES N 2 N N N Kimco Realty Corp 549300EA7I6T15IBYS12 Kimco Realty Corp 49446R109 734.00000000 NS USD 12911.06000000 0.000055222682 Long EC CORP US N 1 N N N Ooredoo QPSC 549300D3EIDZJB62TR20 Ooredoo QPSC N/A 194748.00000000 NS 571938.49000000 0.002446272999 Long EC CORP QA N 2 N N N China State Construction International Holdings Ltd 529900QVUUH13RIZIR85 China State Construction International Holdings Ltd N/A 414000.00000000 NS 434949.61000000 0.001860349505 Long EC CORP HK N 2 N N N Hindalco Industries Ltd 335800KXLE5NO5B4GF90 Hindalco Industries Ltd B0GWF4908 264578.00000000 NS 1561694.58000000 0.006679619140 Long EC CORP IN N 2 N N N Diageo PLC 213800ZVIELEA55JMJ32 Diageo plc 023740905 713778.00000000 NS 26315634.24000000 0.112556204272 Long EC CORP GB N 2 N N N Autodesk Inc FRKKVKAIQEF3FCSTPG55 Autodesk, Inc 052769106 253.00000000 NS USD 52348.23000000 0.000223901807 Long EC CORP US N 1 N N N Vale Indonesia Tbk PT 5299002HHYBH7C6WBQ62 PT Vale Indonesia Tbk B0217K904 480300.00000000 NS 175073.80000000 0.000748818828 Long EC CORP ID N 2 N N N JYP Entertainment Corp N/A JYP Entertainment Corp N/A 6187.00000000 NS 513747.88000000 0.002197382392 Long EC CORP KR N 2 N N N MOL Hungarian Oil & Gas PLC 213800R83KX5FQFGXS67 MOL Hungarian Oil & Gas plc N/A 115366.00000000 NS 873827.36000000 0.003737500298 Long EC CORP HU N 2 N N N Yankuang Energy Group Co Ltd 3003005N7A6HYZ4Z0K39 Yanzhou Coal Mining Co Ltd 610989907 532000.00000000 NS 1003594.28000000 0.004292534307 Long EC CORP HK N 2 N N Steel Dynamics Inc 549300HGGKEL4FYTTQ83 Steel Dynamics, Inc 858119100 190.00000000 NS USD 20371.80000000 0.000087133468 Long EC CORP US N 1 N N N Lloyds Banking Group PLC 549300PPXHEU2JF0AM85 Lloyds TSB Group plc 087061008 6384971.00000000 NS 3431246.59000000 0.014675994071 Long EC CORP GB N 2 N N N Palantir Technologies Inc 549300UVN46B3BBDHO85 Palantir Technologies, Inc 69608A108 2146.00000000 NS USD 34336.00000000 0.000146860599 Long EC CORP US N 1 N N N Revvity Inc 549300IKL1SDPFI7N655 PerkinElmer, Inc 714046109 149.00000000 NS USD 16494.30000000 0.000070548776 Long EC CORP US N 1 N N N Pearl Abyss Corp N/A Pearl Abyss Corp N/A 2575.00000000 NS 88813.20000000 0.000379868354 Long EC CORP KR N 2 N N N GS Holdings Corp N/A GS Holdings Corp B01RJV901 11740.00000000 NS 346386.34000000 0.001481550141 Long EC CORP KR N 2 N N N Poly Developments and Holdings Group Co Ltd 300300W9OF1ZRGUDVU96 Poly Developments and Holdings Group Co Ltd N/A 186900.00000000 NS 327844.15000000 0.001402242210 Long EC CORP CN N 2 N N N Johnson & Johnson 549300G0CFPGEF6X2043 Johnson & Johnson 478160104 552754.00000000 NS USD 86091435.50000000 0.368226929735 Long EC CORP US N 1 N N N Nordea Bank Abp 529900ODI3047E2LIV03 Nordea Bank Abp N/A 783456.00000000 NS 8601083.71000000 0.036788219740 Long EC CORP FI N 2 N N N Bancolombia SA 54930052NWJRPNMP1W58 BanColombia S.A. N/A 20180.00000000 NS 152386.81000000 0.000651782919 Long EC CORP CO N 1 N N N Mizuho Financial Group Inc 353800CI5L6DDAN5XZ33 Mizuho Financial Group, Inc J4599L102 529600.00000000 NS 8991517.25000000 0.038458166847 Long EC CORP JP N 2 N N N Neurocrine Biosciences Inc 549300FECER0XBN49756 Neurocrine Biosciences, Inc 64125C109 116.00000000 NS USD 13050.00000000 0.000055816950 Long EC CORP US N 1 N N N Rumo SA N/A Rumo S.A. N/A 272900.00000000 NS 1238936.85000000 0.005299132367 Long EC CORP BR N 1 N N N Micron Technology Inc B3DXGBC8GAIYWI2Z0172 Micron Technology, Inc 595112103 1297.00000000 NS USD 88234.91000000 0.000377394915 Long EC CORP US N 1 N N N GF Securities Co Ltd 3003007E0Y3ZJ5HNA936 GF Securities Co Ltd (Class A) N/A 31000.00000000 NS 62532.37000000 0.000267461013 Long EC CORP CN N 2 N N N Nikon Corp 549300X7LIS9RFELXJ98 Nikon Corp 654111103 1227200.00000000 NS 12924739.69000000 0.055281192444 Long EC CORP JP N 2 N N N National Bank of Kuwait SAKP 549300NB7FE83IH6BW96 National Bank of Kuwait SAKP N/A 620501.00000000 NS 1818450.30000000 0.007777804690 Long EC CORP KW N 2 N N N Euronext NV 724500QJ4QSZ3H9QU415 Euronext NV N/A 122379.00000000 NS 8512575.85000000 0.036409657373 Long EC CORP FR Y 2 N N N Vonovia SE 5299005A2ZEP6AP7KM81 Vonovia SE N/A 145107.00000000 NS 3476517.19000000 0.014869623715 Long EC CORP DE N 2 N N N Ping An Insurance Group Co of China Ltd 529900M9MC28JLN35U89 Ping An Insurance Group Co of China Ltd (Class A) N/A 146500.00000000 NS 976569.36000000 0.004176944373 Long EC CORP CN N 2 N N N Global Unichip Corp N/A Global Unichip Corp N/A 19000.00000000 NS 809056.63000000 0.003460465458 Long EC CORP TW N 2 N N N National Australia Bank Ltd F8SB4JFBSYQFRQEH3Z21 National Australia Bank Ltd Q65336119 685400.00000000 NS 12723997.10000000 0.054422584068 Long EC CORP AU N 2 N N N Shin-Etsu Chemical Co Ltd 353800PX8Q64N86H5W41 Shin-Etsu Chemical Co Ltd J72810120 245200.00000000 NS 7121991.76000000 0.030461905347 Long EC CORP JP N 2 N N N Smoore International Holdings Ltd N/A Smoore International Holdings Ltd N/A 398000.00000000 NS 359338.05000000 0.001536946690 Long EC CORP HK Y 2 N N CMS Energy Corp 549300IA9XFBAGNIBW29 CMS Energy Corp 125896100 345.00000000 NS USD 18322.95000000 0.000078370207 Long EC CORP US N 1 N N N Korea Investment Holdings Co Ltd N/A Korea Investment Holdings Co Ltd 665458907 2984.00000000 NS 117165.11000000 0.000501134038 Long EC CORP KR N 2 N N N Muthoot Finance Ltd 335800HAMJMBFL4RRF02 Muthoot Finance Ltd N/A 9441.00000000 NS 142133.38000000 0.000607927348 Long EC CORP IN N 2 N N N Voya Financial Inc 549300T065Z4KJ686G75 Voya Financial, Inc 929089100 167584.00000000 NS USD 11135956.80000000 0.047630280042 Long EC CORP US N 1 N N N TravelSky Technology Ltd 5299007TAWP4DZ6QFG73 Travelsky Technology Ltd 632195905 88000.00000000 NS 151742.20000000 0.000649025818 Long EC CORP HK N 2 N N N Sysco Corp 5RGWIFLMGH3YS7KWI652 Sysco Corp 871829107 600.00000000 NS USD 39630.00000000 0.000169503890 Long EC CORP US N 1 N N N Church & Dwight Co Inc POOXSI30AWAQGYJZC921 Church & Dwight Co, Inc 171340102 289.00000000 NS USD 26481.07000000 0.000113263799 Long EC CORP US N 1 N N N China Vanke Co Ltd 529900E66UJ2DWY7KW55 China Vanke Co Ltd N/A 539800.00000000 NS 593772.83000000 0.002539661987 Long EC CORP HK N 2 N N N JD Health International Inc 254900OM3MAXYK8PCC84 JD Health International, Inc N/A 92550.00000000 NS 475601.44000000 0.002034223927 Long EC CORP HK Y 2 N N N Snap-on Inc HHWAT5TDOYZMM26KKQ73 Snap-On, Inc 833034101 63.00000000 NS USD 16068.78000000 0.000068728759 Long EC CORP US N 1 N N N Magazine Luiza SA N/A Magazine Luiza S.A. B4975P907 19999400.00000000 NS 8434955.98000000 0.036077664693 Long EC CORP BR N 1 N N N Qatar Fuel QSC N/A Qatar Fuel QSC N/A 154168.00000000 NS 698838.46000000 0.002989044601 Long EC CORP QA N 2 N N N Expeditors International of Washington Inc 984500B055A804AB6E40 Expeditors International Washington, Inc 302130109 181.00000000 NS USD 20748.03000000 0.000088742664 Long EC CORP US N 1 N N N Astra International Tbk PT 529900L49TRJOMG4DK47 Astra International Tbk PT 629171901 4474500.00000000 NS 1797226.40000000 0.007687026653 Long EC CORP ID N 2 N N N Ingenic Semiconductor Co Ltd N/A Ingenic Semiconductor Co Ltd N/A 6300.00000000 NS 63856.76000000 0.000273125642 Long EC CORP CN N 2 N N N National Grid PLC 8R95QZMKZLJX5Q2XR704 National Grid plc G6S9A7120 1200270.00000000 NS 14354444.54000000 0.061396270259 Long EC CORP GB N 2 N N N Sealed Air Corp Q0M0CZB4YN6JZ65WXI09 Sealed Air Corp 81211K100 6238.00000000 NS USD 204980.68000000 0.000876735368 Long EC CORP US N 1 N N N Shanghai Jinjiang International Hotels Co Ltd 300300KOJEHP8FQX5092 Shanghai Jinjiang International Hotels Development Co Ltd N/A 9400.00000000 NS 48588.57000000 0.000207821136 Long EC CORP CN N 2 N N N Hua Nan Financial Holdings Co Ltd N/A Hua Nan Financial Holdings Co Ltd 641187901 696069.00000000 NS 442312.72000000 0.001891842712 Long EC CORP TW N 2 N N N Toro Co/The YJKE4YIT6BWQHVEW0D14 Toro Co 891092108 123.00000000 NS USD 10221.30000000 0.000043718145 Long EC CORP US N 1 N N N Formosa Petrochemical Corp 529900UWWAOQ8470E792 Formosa Petrochemical Corp 671871903 277391.00000000 NS 692561.03000000 0.002962195022 Long EC CORP TW N 2 N N N Cia de Minas Buenaventura SAA 529900WQB1ZU9KB6EL71 Cia de Minas Buenaventura S.A. (ADR) (Series B) 204448104 45400.00000000 NS USD 386808.00000000 0.001654440089 Long EC CORP PE N 1 N N N Maruti Suzuki India Ltd 335800D27PBEESKKD357 Maruti Suzuki India Ltd 663371904 29358.00000000 NS 3743124.83000000 0.016009947514 Long EC CORP IN N 2 N N N Walt Disney Co/The 549300GZKULIZ0WOW665 Walt Disney Co 254687106 1148743.00000000 NS USD 93105620.15000000 0.398227726717 Long EC CORP US N 1 N N N Co for Cooperative Insurance/The 549300J2GTNKWJRJ8581 Co for Cooperative Insurance N/A 16402.00000000 NS 551041.08000000 0.002356891412 Long EC CORP SA N 2 N N N Wistron Corp 254900DIEONKUALBFM06 Wistron Corp 667248900 214000.00000000 NS 677707.58000000 0.002898664425 Long EC CORP TW N 2 N N N Orix JREIT Inc N/A Orix JREIT, Inc 652777905 565.00000000 NS 677642.78000000 0.002898387265 Long EC CORP JP N 2 N N N Shiseido Co Ltd 5299008QCD0YDT5OF506 Shiseido Co Ltd 680526001 21800.00000000 NS 763962.17000000 0.003267589193 Long EC CORP JP N 2 N N N Risen Energy Co Ltd 3003005CFEH1CK6CA695 Risen Energy Co Ltd N/A 16500.00000000 NS 43173.56000000 0.000184660266 Long EC CORP CN N 2 N N N China Yangtze Power Co Ltd 3003008VX8JFJXA6QP74 China Yangtze Power Co Ltd N/A 44900.00000000 NS 137004.81000000 0.000585991629 Long EC CORP CN N 2 N N N VeriSign Inc LMPL4N8ZOJRMF0KOF759 VeriSign, Inc 92343E102 111.00000000 NS USD 22480.83000000 0.000096154129 Long EC CORP US N 1 N N N TotalEnergies SE 529900S21EQ1BO4ESM68 Total S.A. F92124100 263885.00000000 NS 17350258.94000000 0.074209850753 Long EC CORP FR N 2 N N N Stanley Black & Decker Inc 549300DJ09SMTO561131 Stanley Black & Decker, Inc 854502101 16002.00000000 NS USD 1337447.16000000 0.005720476822 Long EC CORP US N 1 N N N Vanguard FTSE Emerging Markets ETF N/A Vanguard Emerging Markets ETF 922042858 690097.00000000 NS USD 27058703.37000000 0.115734430570 Long EC RF US N 1 N N N United Overseas Bank Ltd IO66REGK3RCBAMA8HR66 United Overseas Bank Ltd 691678007 258216.00000000 NS 5378148.73000000 0.023003207961 Long EC CORP SG N 2 N N N China Literature Ltd 529900YXWIZUFHMK8W28 China Literature Ltd N/A 98200.00000000 NS 357488.96000000 0.001529037835 Long EC CORP HK Y 2 N N N Hoymiles Power Electronics Inc N/A Hoymiles Power Electronics, Inc N/A 850.00000000 NS 31952.68000000 0.000136666756 Long EC CORP CN N 2 N N N Snap Inc 549300JNC0L6VP8A2Q35 Snap, Inc 83304A106 1203.00000000 NS USD 10718.73000000 0.000045845733 Long EC CORP US N 1 N N N Americana Restaurants International PLC 549300EYHRPEZ6UVAM64 Americana Restaurants International plc N/A 545572.00000000 NS 608988.50000000 0.002604741857 Long EC CORP AE N 2 N N N Giant Network Group Co Ltd N/A Giant Network Group Co Ltd N/A 14700.00000000 NS 26042.81000000 0.000111389291 Long EC CORP CN N 2 N N N Hainan Airlines Holding Co Ltd 3003001VZDGYFHX8A697 Hainan Airlines Holding Co Ltd N/A 539600.00000000 NS 109617.02000000 0.000468849642 Long EC CORP CN N 2 N N N Nordson Corp 14OS6Q5N55N95WM84M53 Nordson Corp 655663102 61.00000000 NS USD 13613.37000000 0.000058226575 Long EC CORP US N 1 N N N Mitsubishi Estate Co Ltd 353800KOFMRGOXSJ5Z65 Mitsubishi Estate Co Ltd J43916113 396573.00000000 NS 5173697.04000000 0.022128735168 Long EC CORP JP N 2 N N N Nippon Sanso Holdings Corp 353800F1K6653B4VPY57 Taiyo Nippon Sanso Corp 664054004 19782.00000000 NS 468368.35000000 0.002003286836 Long EC CORP JP N 2 N N N Cummins India Ltd 3358002PR6NKJRU4YS77 Cummins India Ltd N/A 30446.00000000 NS 620492.29000000 0.002653945419 Long EC CORP IN N 2 N N N Synnex Technology International Corp 529900GMBJ3R4A2WBC71 Synnex Technology International Corp 686843905 89000.00000000 NS 176762.92000000 0.000756043466 Long EC CORP TW N 2 N N N MTN Group Ltd 2549009JD6Q6XHZS5E05 MTN Group Ltd 656320900 366810.00000000 NS 2186281.56000000 0.009351078207 Long EC CORP ZA N 2 N N N RELX PLC 549300WSX3VBUFFJOO66 RELX plc G74570121 245987.00000000 NS 8299580.16000000 0.035498640517 Long EC CORP GB N 2 N N N Tangshan Jidong Cement Co Ltd 3003008JAIR3NZT2IK64 Tangshan Jidong Cement Co Ltd N/A 21400.00000000 NS 22146.73000000 0.000094725129 Long EC CORP CN N 2 N N N Cholamandalam Investment and Finance Co Ltd 3358008DNPV45O4EII52 Cholamandalam Investment and Finance Co Ltd N/A 281798.00000000 NS 4121956.28000000 0.017630270614 Long EC CORP IN N 2 N N N Activision Blizzard Inc 549300TPQQDBP9GNOF40 Activision Blizzard, Inc 00507V109 931.00000000 NS USD 87169.53000000 0.000372838113 Long EC CORP US N 1 N N N BGI Genomics Co Ltd N/A BGI Genomics Co Ltd N/A 2200.00000000 NS 15713.75000000 0.000067210238 Long EC CORP CN N 2 N N N Weichai Power Co Ltd 529900OKTPKBG85F9502 Weichai Power Co Ltd 674395900 160000.00000000 NS 216864.78000000 0.000927565577 Long EC CORP HK N 2 N N N Carlsberg AS 5299001O0WJQYB5GYZ19 Carlsberg AS (Class B) 416921005 109774.00000000 NS 13840854.55000000 0.059199563188 Long EC CORP DK N 2 N N N Aozora Bank Ltd X0XUGKC9FD2CYUQNC010 Aozora Bank Ltd B1G185909 26000.00000000 NS 531179.62000000 0.002271940750 Long EC CORP JP N 2 N N Meinian Onehealth Healthcare Holdings Co Ltd N/A Meinian Onehealth Healthcare Holdings Co Ltd N/A 383795.00000000 NS 358283.42000000 0.001532435868 Long EC CORP CN N 2 N N N Sunresin New Materials Co Ltd N/A Sunresin New Materials Co Ltd N/A 8250.00000000 NS 66048.17000000 0.000282498656 Long EC CORP CN N 2 N N N Bayer AG 549300J4U55H3WP1XT59 Bayer AG. 506921907 1671843.00000000 NS 80289234.46000000 0.343409981775 Long EC CORP DE N 2 N N N Gongniu Group Co Ltd N/A Gongniu Group Co Ltd N/A 6600.00000000 NS 94029.85000000 0.000402180806 Long EC CORP CN N 2 N N N Ningbo Ronbay New Energy Technology Co Ltd 836800IZGSNBP6FLFG39 Ningbo Ronbay New Energy Technology Co Ltd N/A 4310.00000000 NS 24847.71000000 0.000106277655 Long EC CORP CN N 2 N N N Kingboard Holdings Ltd 529900G89MY26MMSDR76 Kingboard Chemical Holdings Ltd 649131901 59500.00000000 NS 133269.95000000 0.000570017031 Long EC CORP HK N 2 N N N Assurant Inc H3F39CAXWQRVWURFXL38 Assurant, Inc 04621X108 63.00000000 NS USD 9045.54000000 0.000038689230 Long EC CORP US N 1 N N Tsingtao Brewery Co Ltd 300300OJ7D0Q1ESE8L15 Tsingtao Brewery Co Ltd (Class A) N/A 9800.00000000 NS 117620.02000000 0.000503079761 Long EC CORP CN N 2 N N N Sumitomo Realty & Development Co Ltd N/A Sumitomo Realty & Development Co Ltd 685890006 20.00000000 NS 519.23000000 0.000002220830 Long EC CORP JP N 2 N N N Tokio Marine Holdings Inc 5299009QN2NZ191KLS29 Tokio Marine Holdings, Inc 651312902 415600.00000000 NS 9622671.33000000 0.041157714459 Long EC CORP JP N 2 N N N Automatic Data Processing Inc HGBOLILQXWER4SAL2I23 Automatic Data Processing, Inc 053015103 489.00000000 NS USD 117643.62000000 0.000503180702 Long EC CORP US N 1 N N N Broadcom Inc 549300WV6GIDOZJTV909 Broadcom, Inc 11135F101 341560.00000000 NS USD 283692904.80000000 1.213400226348 Long EC CORP US N 1 N N N China Greatwall Technology Group Co Ltd 300300F9K0AHRKFBOK05 China Greatwall Technology Group Co Ltd N/A 27400.00000000 NS 39422.66000000 0.000168617063 Long EC CORP CN N 2 N N N B Grimm Power PCL 9845006CC45C6B3BD577 B Grimm Power PCL N/A 195500.00000000 NS 154053.90000000 0.000658913331 Long EC CORP TH N 2 N N N Falabella SA 5493004CKJQ7H391LM41 SACI Falabella 277167904 182766.00000000 NS 408382.13000000 0.001746716116 Long EC CORP CL N 1 N N N Mitsubishi Corp KVIPTY4PULAPGC1VVD26 Mitsubishi Corp J43830116 174800.00000000 NS 8329277.17000000 0.035625659409 Long EC CORP JP N 2 N N N Petroleo Brasileiro SA 5493000J801JZRCMFE49 Petroleo Brasileiro S.A. 268236908 832700.00000000 NS 6276870.42000000 0.026847185317 Long EC CORP BR N 1 N N N Localiza Rent a Car SA N/A Localiza Rent A Car B08K3S903 1327244.00000000 NS 15462575.45000000 0.066135924563 Long EC CORP BR N 1 N N N Daifuku Co Ltd N/A Daifuku Co Ltd 625002001 214700.00000000 NS 4052808.68000000 0.017334515197 Long EC CORP JP N 2 N N N Eclat Textile Co Ltd N/A Eclat Textile Co Ltd N/A 866000.00000000 NS 13067358.49000000 0.055891196012 Long EC CORP TW N 2 N N N Keurig Dr Pepper Inc DYTQ8KRTKO7Y2BVU5K74 Keurig Dr Pepper, Inc 49271V100 1330566.00000000 NS USD 42005968.62000000 0.179666290446 Long EC CORP US N 1 N N N Hero MotoCorp Ltd 335800Q49FBMZJTRLK49 Hero Honda Motors Ltd 632732905 24411.00000000 NS 896918.03000000 0.003836262811 Long EC CORP IN N 2 N N N Walgreens Boots Alliance Inc 549300RPTUOIXG4LIH86 Walgreens Boots Alliance, Inc 931427108 869.00000000 NS USD 19326.56000000 0.000082662808 Long EC CORP US N 1 N N N China National Nuclear Power Co Ltd 3003003YPVL5EMT5LZ97 China National Nuclear Power Co Ltd N/A 94300.00000000 NS 94410.00000000 0.000403806769 Long EC CORP CN N 2 N N N Sarepta Therapeutics Inc 549300IKDPIED8J8IG21 Sarepta Therapeutics, Inc 803607100 59020.00000000 NS USD 7154404.40000000 0.030600539426 Long EC CORP US N 1 N N N NARI Technology Co Ltd N/A NARI Technology Co Ltd N/A 103752.00000000 NS 315677.15000000 0.001350201992 Long EC CORP CN N 2 N N N Titan Co Ltd 549300RO9VJWPK37FE54 Titan Co Ltd N/A 75864.00000000 NS 2869710.94000000 0.012274215693 Long EC CORP IN N 2 N N N PayPal Holdings Inc 5493005X2GO78EFZ3E94 PayPal Holdings, Inc 70450Y103 143889.00000000 NS USD 8411750.94000000 0.035978413001 Long EC CORP US N 1 N N N Inari Amertron Bhd N/A Inari Amertron Bhd N/A 520400.00000000 NS 320512.09000000 0.001370881809 Long EC CORP MY N 2 N N N China Pacific Insurance Group Co Ltd 529900BA5ILEL308WX03 China Pacific Insurance Group Co Ltd - A N/A 98600.00000000 NS 389137.32000000 0.001664402965 Long EC CORP CN N 2 N N N N/A N/A MUFG Bank 55380UH83 1000000.00000000 PA USD 1000000.00000000 0.004277160992 Long STIV CORP US N 2 N N Tianjin 712 Communication & Broadcasting Co Ltd N/A Tianjin 712 Communication & Broadcasting Co Ltd N/A 7100.00000000 NS 24660.24000000 0.000105475816 Long EC CORP CN N 2 N N N Grupo Aeroportuario del Sureste SAB de CV 5299001W7JIDXCUOUC82 Grupo Aeroportuario del Sureste S.A. de C.V. (Class B) 263934903 40185.00000000 NS 983578.46000000 0.004206923422 Long EC CORP MX N 1 N N Wan Hai Lines Ltd N/A Wan Hai Lines Ltd 693233900 144810.00000000 NS 216959.76000000 0.000927971822 Long EC CORP TW N 2 N N N Cathay Pacific Airways Ltd EQNZNT235RBOJ6LJQZ02 Cathay Pacific Airways Ltd 617975008 216000.00000000 NS 221285.40000000 0.000946473281 Long EC CORP HK N 2 N N RWE AG 529900GB7KCA94ACC940 RWE AG. 476896907 1795101.00000000 NS 66633771.44000000 0.285003368007 Long EC CORP DE N 2 N N N Offcn Education Technology Co Ltd N/A Offcn Education Technology Co Ltd N/A 78500.00000000 NS 40376.89000000 0.000172698458 Long EC CORP CN N 2 N N N BioMarin Pharmaceutical Inc NSLL8ITTRR0J5HEMR848 BioMarin Pharmaceutical, Inc 09061G101 222.00000000 NS USD 19642.56000000 0.000084014391 Long EC CORP US N 1 N N N Sino Biopharmaceutical Ltd 529900LPR4ADFEJAR786 Sino Biopharmaceutical Ltd N/A 866250.00000000 NS 311809.18000000 0.001333658061 Long EC CORP HK N 2 N N N Heidelberg Materials AG LZ2C6E0W5W7LQMX5ZI37 HeidelbergCement AG. D31709104 583808.00000000 NS 45216144.09000000 0.193396727747 Long EC CORP DE N 2 N N N China Resources Land Ltd 5299001HL0TU7X15HK51 China Resources Land Ltd 619376908 735836.00000000 NS 2922106.76000000 0.012498321050 Long EC CORP HK N 2 N N N SK Biopharmaceuticals Co Ltd N/A SK Biopharmaceuticals Co Ltd N/A 4665.00000000 NS 297869.62000000 0.001274036319 Long EC CORP KR N 2 N N N Dajin Heavy Industry Co Ltd N/A Dajin Heavy Industry Co Ltd N/A 7300.00000000 NS 26022.88000000 0.000111304047 Long EC CORP CN N 2 N N N Independence Realty Trust Inc 549300Z3L8NU44NQEB29 Independence Realty Trust, Inc 45378A106 57374.00000000 NS USD 807252.18000000 0.003452747535 Long EC CORP US N 1 N N N United Urban Investment Corp 353800GYZWBD7BDCN841 United Urban Investment Corp 672383908 518.00000000 NS 539263.88000000 0.002306518432 Long EC CORP JP N 2 N N N Bank of Chengdu Co Ltd 30030030JPOKGL9K5418 Bank of Chengdu Co Ltd N/A 18800.00000000 NS 35545.73000000 0.000152034809 Long EC CORP CN N 2 N N N SCG Packaging PCL 254900GZ121E5NIATI41 SCG Packaging PCL N/A 233200.00000000 NS 243910.67000000 0.001043245203 Long EC CORP TH N 2 N N N Max Healthcare Institute Ltd 3358005LALYV4GZOYF67 Max Healthcare Institute Ltd N/A 167631.00000000 NS 1145088.44000000 0.004897727608 Long EC CORP IN N 2 N N N Norsk Hydro ASA 549300N1SDN71ZZ8BO45 Norsk Hydro ASA R61115102 669644.00000000 NS 4190524.74000000 0.017923548957 Long EC CORP NO N 2 N N N Chongqing Changan Automobile Co Ltd 300300WKFSBX9P5ZOM25 Chongqing Changan Automobile Co Ltd N/A 17154.00000000 NS 31795.16000000 0.000135993018 Long EC CORP CN N 2 N N N Yuanta Financial Holding Co Ltd 21380045JG57LJEFFE13 Fuhwa Financial Holdings Co Ltd 642411904 2551734.00000000 NS 1982223.22000000 0.008478287835 Long EC CORP TW N 2 N N N Trimble Inc 549300E2MI7NSZFQWS19 Trimble Inc 896239100 293.00000000 NS USD 15780.98000000 0.000067497792 Long EC CORP US N 1 N N N Bethel Automotive Safety Systems Co Ltd 836800IIW68UMVMAXN36 Bethel Automotive Safety Systems Co Ltd N/A 4400.00000000 NS 44336.80000000 0.000189635631 Long EC CORP CN N 2 N N N LyondellBasell Industries NV BN6WCCZ8OVP3ITUUVN49 LyondellBasell Industries NV N53745100 308.00000000 NS USD 29167.60000000 0.000124754520 Long EC CORP US N 1 N N N Splunk Inc 549300XGDSGBP6UEI867 Splunk, Inc 848637104 186.00000000 NS USD 27202.50000000 0.000116349471 Long EC CORP US N 1 N N N Jiangsu Yangnong Chemical Co Ltd N/A Jiangsu Yangnong Chemical Co Ltd N/A 3900.00000000 NS 36876.36000000 0.000157726128 Long EC CORP CN N 2 N N N Sun Life Financial Inc 549300V040JZX5S66Z78 Sun Life Financial, Inc 866796105 128359.00000000 NS 6262728.46000000 0.026786697877 Long EC CORP CA N 1 N N N Schneider Electric SE 969500A1YF1XUYYXS284 Schneider Electric S.A. F86921107 342653.00000000 NS 56466497.74000000 0.241516301534 Long EC CORP FR N 2 N N N PPG Industries Inc 549300BKPEP01R3V6C59 PPG Industries, Inc 693506107 279.00000000 NS USD 36214.20000000 0.000154893963 Long EC CORP US N 1 N N N ENN Natural Gas Co Ltd 300300KVDMGNQNP52Z98 ENN Natural Gas Co Ltd N/A 35900.00000000 NS 85704.37000000 0.000366571388 Long EC CORP CN N 2 N N N Dongyue Group Ltd 529900EJNEZTJBHCHW95 Dongyue Group Ltd N/A 374000.00000000 NS 280083.13000000 0.001197960638 Long EC CORP HK N 2 N N N Daqo New Energy Corp 529900711JBZ5O7VA827 Daqo New Energy Corp (ADR) 23703Q203 12800.00000000 NS USD 387456.00000000 0.001657211689 Long EC CORP KY N 1 N N Chongqing Fuling Zhacai Group Co Ltd N/A Chongqing Fuling Zhacai Group Co Ltd N/A 15050.00000000 NS 32612.80000000 0.000139490196 Long EC CORP CN N 2 N N N Saudi Research & Media Group N/A Saudi Research & Media Group N/A 7066.00000000 NS 309892.07000000 0.001325458273 Long EC CORP SA N 2 N N N Biogen Inc W8J5WZB5IY3K0NDQT671 Biogen, Inc 09062X103 26299.00000000 NS USD 6759105.99000000 0.028909784486 Long EC CORP US N 1 N N N Tofas Turk Otomobil Fabrikasi AS 789000YSTNETKLRWHT29 Tofas Turk Otomobil Fabrik B03MY3905 27860.00000000 NS 299866.08000000 0.001282575500 Long EC CORP TR N 2 N N N Banco Santander Chile 3YJP8HORPAEXJ80D6368 Banco Santander Chile S.A. 200025906 5304714.00000000 NS 245383.44000000 0.001049544477 Long EC CORP CL N 1 N N N Panasonic Holdings Corp 254900GE1G59KGWPHX32 Panasonic Corp J6354Y104 448100.00000000 NS 5058049.17000000 0.021634090609 Long EC CORP JP N 2 N N N Dubai Islamic Bank PJSC 5493003E7YRAQY3JGW88 Dubai Islamic Bank PJSC N/A 234481.00000000 NS 373497.30000000 0.001597508082 Long EC CORP AE N 2 N N N CCR SA N/A Cia de Concessoes Rodoviarias 284097904 190600.00000000 NS 488771.42000000 0.002090554052 Long EC CORP BR N 1 N N N Indah Kiat Pulp & Paper Tbk PT 529900F19DXXA9HNCB51 Indah Kiat Pulp & Paper Tbk PT N/A 586900.00000000 NS 420848.84000000 0.001800038242 Long EC CORP ID N 2 N N N Industria de Diseno Textil SA 549300TTCXZOGZM2EY83 Industria de Diseno Textil S.A. E6282J125 278126.00000000 NS 10349636.41000000 0.044267061142 Long EC CORP ES N 2 N N N Nippon Paint Holdings Co Ltd 529900RYRJUN78A7PL87 Nippon Paint Co Ltd 664050002 131700.00000000 NS 884513.94000000 0.003783208521 Long EC CORP JP N 2 N N N Asia Cement Corp 213800EFQXH43HMGJL59 Asia Cement Corp 605633007 191000.00000000 NS 235286.01000000 0.001006356144 Long EC CORP TW N 2 N N N JOYY Inc 549300N6CHVU5CQZPW24 JOYY, Inc (ADR) 46591M109 3700.00000000 NS USD 141007.00000000 0.000603109640 Long EC CORP KY N 1 N N N Perfect World Co Ltd/China N/A Perfect World Co Ltd N/A 11200.00000000 NS 20299.60000000 0.000086824657 Long EC CORP CN N 2 N N N Fangda Carbon New Material Co Ltd 300300O5JPB0SVAI9Q63 Fangda Carbon New Material Co Ltd N/A 44643.00000000 NS 35394.74000000 0.000151389001 Long EC CORP CN N 2 N N N Cosan SA 549300PGFCX2JMKKLC96 Cosan SA Industria e Comercio B0P72G900 262168.00000000 NS 893964.95000000 0.003823632013 Long EC CORP BR N 1 N N N ANSYS Inc 549300VJV8H15Z5FJ571 Ansys, Inc 03662Q105 103.00000000 NS USD 30647.65000000 0.000131084933 Long EC CORP US N 1 N N N Industrias Penoles SAB de CV 549300WA2HB7776CB324 Industrias Penoles S.A. de C.V. 244820908 41795.00000000 NS 492714.55000000 0.002107419453 Long EC CORP MX N 1 N N China Meheco Co Ltd 300300PBRRWGVD4VNQ86 China Meheco Co Ltd N/A 21700.00000000 NS 36780.42000000 0.000157315777 Long EC CORP CN N 2 N N N O'Reilly Automotive Inc 549300K2RLMQL149Q332 O'Reilly Automotive, Inc 67103H107 4748.00000000 NS USD 4315267.28000000 0.018457092883 Long EC CORP US N 1 N N N Shijiazhuang Yiling Pharmaceutical Co Ltd 300300MXXUF4JUKD5G32 Shijiazhuang Yiling Pharmaceutical Co Ltd N/A 8380.00000000 NS 26972.49000000 0.000115365682 Long EC CORP CN N 2 N N N CNPC Capital Co Ltd 300300K2DPEEAN1LV682 CNPC Capital Co Ltd N/A 111700.00000000 NS 101233.63000000 0.000432992533 Long EC CORP CN N 2 N N N Angel Yeast Co Ltd 3003002K1DZ78FXZXI48 Angel Yeast Co Ltd N/A 8300.00000000 NS 38318.82000000 0.000163895762 Long EC CORP CN N 2 N N N Intercontinental Exchange Inc 5493000F4ZO33MV32P92 Intercontinental Exchange, Inc 45866F104 256131.00000000 NS USD 28179532.62000000 0.120528397717 Long EC CORP US N 1 N N N MoonLake Immunotherapeutics N/A MoonLake Immunotherapeutics 61559X104 50000.00000000 NS USD 2850000.00000000 0.012189908829 Long EC CORP US N 1 N N DSM-Firmenich AG 506700G44V67MPM4BI12 DSM-Firmenich AG. N/A 44999.00000000 NS 3802544.19000000 0.016264093682 Long EC CORP NL N 2 N N N SF Holding Co Ltd N/A SF Holding Co Ltd N/A 23400.00000000 NS 131492.57000000 0.000562414891 Long EC CORP CN N 2 N N N AvalonBay Communities Inc K9G90K85RBWD2LAGQX17 AvalonBay Communities, Inc 053484101 47295.00000000 NS USD 8122443.30000000 0.034740997649 Long EC CORP US N 1 N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 Morgan Stanley 617446448 1357463.00000000 NS USD 110864003.21000000 0.474183190036 Long EC CORP US N 1 N N N Zhuzhou CRRC Times Electric Co Ltd 529900PLNH7NQLN00B53 Zhuzhou CRRC Times Electric Co Ltd N/A 9447.00000000 NS 51569.47000000 0.000220570925 Long EC CORP CN N 2 N N N LG Chem Ltd 988400IES4EIG7O06940 LG Chem Ltd (Preference) N/A 1719.00000000 NS 395492.81000000 0.001691586419 Long EC CORP KR N 2 N N N Suzhou Dongshan Precision Manufacturing Co Ltd 300300PUYVPZAJYVAE50 Suzhou Dongshan Precision Manufacturing Co Ltd N/A 20600.00000000 NS 48930.55000000 0.000209283839 Long EC CORP CN N 2 N N N Cyfrowy Polsat SA 259400EM1ITR201TTX36 Cyfrowy Polsat S.A. N/A 36861.00000000 NS 101772.73000000 0.000435298350 Long EC CORP PL N 2 N N N United States Treasury Bill 254900HROIFWPRGM1V77 United States Treasury Bill 912797FC6 10000000.00000000 PA USD 9964777.80000000 0.042620958908 Long STIV UST US N 2 N N N Huagong Tech Co Ltd 300300PJC3VZEBWN8591 Huagong Tech Co Ltd N/A 19300.00000000 NS 88920.72000000 0.000380328235 Long EC CORP CN N 2 N N N Western Digital Corp 549300QQXOOYEF89IC56 Western Digital Corp 958102105 379.00000000 NS USD 17293.77000000 0.000073968238 Long EC CORP US N 1 N N N China Resources Beer Holdings Co Ltd 254900OH02Y7OS7RNG48 China Resources Beer Holdings Company Ltd 697245009 358000.00000000 NS 1955551.58000000 0.008364208937 Long EC CORP HK N 2 N N N Prothena Corp PLC 5299009ZXQ8NIIJ8OL30 Prothena Corp plc G72800108 40836.00000000 NS USD 1970337.00000000 0.008427448559 Long EC CORP US N 1 N N N Barwa Real Estate Co N/A Barwa Real Estate Co N/A 471443.00000000 NS 334358.38000000 0.001430104620 Long EC CORP QA N 2 N N N Fastighets AB Balder 549300GHKJCEZOAEUU82 Fastighets AB Balder N/A 392102.00000000 NS 1757721.18000000 0.007518056467 Long EC CORP SE N 2 N N EPAM Systems Inc 549300XCR4R530HJP604 EPAM Systems, Inc 29414B104 69.00000000 NS USD 17642.61000000 0.000075460283 Long EC CORP US N 1 N N N JUMBO SA 549300TGIVUUMY40MZ05 JUMBO S.A. 724353909 25052.00000000 NS 688641.96000000 0.002945432529 Long EC CORP GR N 2 N N N Ford Motor Co 20S05OYHG0MQM4VUIC57 Ford Motor Co 345370860 4653.00000000 NS USD 57790.26000000 0.000247178245 Long EC CORP US N 1 N N N Srisawad Corp PCL N/A Srisawad Corp PCL N/A 81300.00000000 NS 95046.53000000 0.000406529310 Long EC CORP TH N 2 N N N Palo Alto Networks Inc 549300QXR2YVZV231H43 Palo Alto Networks, Inc 697435105 390024.00000000 NS USD 91437226.56000000 0.391091738733 Long EC CORP US N 1 N N N PLDT Inc 254900ADE8GQHM5P2648 PLDT, Inc N/A 5805.00000000 NS 120394.08000000 0.000514944862 Long EC CORP PH N 2 N N N Graco Inc 4T5VJ4S81BRT6Q7GGT78 Graco, Inc 384109104 199.00000000 NS USD 14503.12000000 0.000062032179 Long EC CORP US N 1 N N N Burlington Stores Inc 5299003Z37DVGKKC1W09 Burlington Stores, Inc 122017106 75288.00000000 NS USD 10186466.40000000 0.043569156740 Long EC CORP US N 1 N N N Asymchem Laboratories Tianjin Co Ltd 8368002CY8G4Q85YRQ60 Asymchem Laboratories Tianjin Co Ltd N/A 1820.00000000 NS 37920.74000000 0.000162193109 Long EC CORP CN N 2 N N N Brookfield Asset Management Ltd 549300CZ84WPNJZKY093 Brookfield Asset Management Ltd 113004105 15424.00000000 NS 513963.00000000 0.002198302495 Long EC CORP CA N 1 N N N Tata Power Co Ltd/The 335800H5R3TGTJ7LQ663 Tata Power Co Ltd N/A 312236.00000000 NS 984022.90000000 0.004208824363 Long EC CORP IN N 2 N N N Cia Siderurgica Nacional SA 529900K40TEND42S0T46 Cia Siderurgica Nacional S.A. P8661X103 125400.00000000 NS 302863.00000000 0.001295393809 Long EC CORP BR N 1 N N N Saudi National Bank/The 5586006ZEFQ542K7CY16 Saudi National Bank N/A 520645.00000000 NS 4555406.30000000 0.019484206132 Long EC CORP SA N 2 N N N IDEXX Laboratories Inc OGMTXK0LUU1HKV2P0J84 IDEXX Laboratories, Inc 45168D104 31263.00000000 NS USD 13670372.01000000 0.058470381918 Long EC CORP US N 1 N N N Crowdstrike Holdings Inc 549300YBY08K9KM4HX32 Crowdstrike Holdings, Inc 22788C105 265.00000000 NS USD 44355.70000000 0.000189716469 Long EC CORP US N 1 N N N Indofood Sukses Makmur Tbk PT 529900E61EV2GTYWZ485 PT Indofood Sukses Makmur Tbk 628397903 937800.00000000 NS 401454.25000000 0.001717084458 Long EC CORP ID N 2 N N N Equifax Inc 5493004MCF8JDC86VS77 Equifax, Inc 294429105 145.00000000 NS USD 26561.10000000 0.000113606100 Long EC CORP US N 1 N N N Banpu PCL 529900AJ2Z6SUR6TSW75 Banpu PCL (Foreign) N/A 1985400.00000000 NS 435202.02000000 0.001861429103 Long EC CORP TH N 2 N N N Teradyne Inc C3X4YJ278QNZHRJULN75 Teradyne, Inc 880770102 184.00000000 NS USD 18484.64000000 0.000079061781 Long EC CORP US N 1 N N N GDS Holdings Ltd 391200MGV8DDCHTN2R77 GDS Holdings Ltd (ADR) 36165L108 188900.00000000 NS USD 2068455.00000000 0.008847115041 Long EC CORP CN N 1 N N SBI Cards & Payment Services Ltd 335800HN4Y9OTCFH4236 SBI Cards & Payment Services Ltd N/A 22113.00000000 NS 210286.10000000 0.000899427504 Long EC CORP IN N 2 N N N Western Mining Co Ltd 300300QBV4A9N1NDK519 Western Mining Co Ltd N/A 16000.00000000 NS 28229.05000000 0.000120740191 Long EC CORP CN N 2 N N N Universal Robina Corp N/A Universal Robina Corp 691951909 187610.00000000 NS 394243.71000000 0.001686243818 Long EC CORP PH N 2 N N N Union Pacific Corp 549300LMMRSZZCZ8CL11 Union Pacific Corp 907818108 595372.00000000 NS USD 121235600.36000000 0.518544180800 Long EC CORP US N 1 N N N Bentley Systems Inc 549300WVEHPGE0Z56F71 Bentley Systems, Inc 08265T208 250.00000000 NS USD 12540.00000000 0.000053635598 Long EC CORP US N 1 N N N Gen Digital Inc YF6ZV0M6AU4FY94MK914 Gen Digital, Inc 668771108 683.00000000 NS USD 12075.44000000 0.000051648600 Long EC CORP US N 1 N N N LKQ Corp DS830JTTZQN6GK0I2E41 LKQ Corp 501889208 316.00000000 NS USD 15645.16000000 0.000066916868 Long EC CORP US N 1 N N N Shenzhen Capchem Technology Co Ltd 83680035MFDI4S2P0866 Shenzhen Capchem Technology Co Ltd N/A 10980.00000000 NS 66018.72000000 0.000282372693 Long EC CORP CN N 2 N N N Daikin Industries Ltd 549300Y7FWSTSHMW5Y57 Daikin Industries Ltd J10038115 95031.00000000 NS 14898167.13000000 0.063721859312 Long EC CORP JP N 2 N N N Wuxi Biologics Cayman Inc 5493001TD2TH6VDTJU11 Wuxi Biologics Cayman, Inc N/A 982500.00000000 NS 5710149.93000000 0.024423230543 Long EC CORP HK Y 2 N N N Vale SA 254900SMTWBX7RU2SR20 Vale S.A. 219628005 733064.00000000 NS 9855758.94000000 0.042154667692 Long EC CORP BR N 1 N N N West Fraser Timber Co Ltd 5493005WD1ZK6WBVR988 West Fraser Timber Co Ltd 952845105 12006.00000000 NS 871644.88000000 0.003728165480 Long EC CORP CA N 1 N N N Guangzhou Yuexiu Capital Holdings Group Co Ltd 30030007BQQDXTYNQY69 Guangzhou Yuexiu Capital Holdings Group Co Ltd N/A 13486.00000000 NS 12391.16000000 0.000052998986 Long EC CORP CN N 2 N N N Ningbo Joyson Electronic Corp 300300XPY07RUN7V4863 Ningbo Joyson Electronic Corp N/A 16300.00000000 NS 38982.48000000 0.000166734342 Long EC CORP CN N 2 N N N Electronic Arts Inc 549300O7A67PUEYKDL45 Electronic Arts, Inc 285512109 306.00000000 NS USD 36842.40000000 0.000157580876 Long EC CORP US N 1 N N N Public Bank Bhd 549300L2RSQCVMOHGM20 Public Bank Bhd N/A 1168900.00000000 NS 1009906.94000000 0.004319534570 Long EC CORP MY N 2 N N N Powszechna Kasa Oszczednosci Bank Polski SA P4GTT6GF1W40CVIMFR43 Powszechna Kasa Oszczednosci Bank Polski S.A. B03NGS908 217545.00000000 NS 1720946.70000000 0.007360766095 Long EC CORP PL N 2 N N N AAC Technologies Holdings Inc 549300SKEDE1VKS0A552 AAC Technologies Holdings, Inc N/A 62500.00000000 NS 106592.69000000 0.000455914095 Long EC CORP HK N 2 N N N BAIC BluePark New Energy Technology Co Ltd N/A BAIC BluePark New Energy Technology Co Ltd N/A 33600.00000000 NS 24320.73000000 0.000104023677 Long EC CORP CN N 2 N N N Weibo Corp 549300Q9ID4640FE0422 Weibo Corp (ADR) 948596101 255684.00000000 NS USD 3206277.36000000 0.013713764456 Long EC CORP KY N 1 N N N Kellogg Co LONOZNOJYIBXOHXWDB86 Kellogg Co 487836108 325.00000000 NS USD 19340.75000000 0.000082723501 Long EC CORP US N 1 N N N MediaTek Inc 254900UEGBK1I4DM4E14 MediaTek, Inc 637248907 541242.00000000 NS 12374339.62000000 0.052927042734 Long EC CORP TW N 2 N N N Hotel Shilla Co Ltd N/A Hotel Shilla Co Ltd N/A 6853.00000000 NS 428882.37000000 0.001834398943 Long EC CORP KR N 2 N N N Hyundai Glovis Co Ltd 988400U6RDXNJ5ZRN304 Hyundai Glovis Co Ltd N/A 3996.00000000 NS 545398.31000000 0.002332756377 Long EC CORP KR N 2 N N N Intact Financial Corp 5493009LXGE7Y4U9OY43 Intact Financial Corp 45823T106 31398.00000000 NS 4577531.35000000 0.019578838533 Long EC CORP CA N 1 N N N Supreme Industries Ltd 33580094NA85GD34LN25 Supreme Industries Ltd N/A 14575.00000000 NS 723385.82000000 0.003094037612 Long EC CORP IN N 2 N N N Huaxia Bank Co Ltd 300300AKNDEHIGVDZW37 Huaxia Bank Co Ltd N/A 80200.00000000 NS 62902.07000000 0.000269042280 Long EC CORP CN N 2 N N N Jiangsu Yanghe Brewery Joint-Stock Co Ltd 655600IQ7FXTTBKI8H68 Jiangsu Yanghe Brewery Joint-Stock Co Ltd N/A 19300.00000000 NS 343798.08000000 0.001470479737 Long EC CORP CN N 2 N N N Roku Inc 549300KR6ITU0YIR1T71 Roku, Inc 77543R102 8247.00000000 NS USD 582155.73000000 0.002489973780 Long EC CORP US N 1 N N N Generac Holdings Inc 529900S2H2AHJHSFFI84 Generac Holdings, Inc 368736104 74.00000000 NS USD 8063.04000000 0.000034486920 Long EC CORP US N 1 N N N Unigroup Guoxin Microelectronics Co Ltd N/A Unigroup Guoxin Microelectronics Co Ltd N/A 10399.00000000 NS 124357.02000000 0.000531894995 Long EC CORP CN N 2 N N N GD Power Development Co Ltd 300300BVGPH64Z7BNK97 GD Power Development Co Ltd N/A 90000.00000000 NS 45344.71000000 0.000193946624 Long EC CORP CN N 2 N N N Standard Chartered PLC U4LOSYZ7YG4W3S5F2G91 Standard Chartered plc G84228157 1894292.00000000 NS 17422803.86000000 0.074520137055 Long EC CORP GB N 2 N N N Eastern Co SAE N/A Eastern Tobacco 629817909 262967.00000000 NS 205638.53000000 0.000879549099 Long EC CORP EG N 2 N N N Shanghai Pharmaceuticals Holding Co Ltd 30030029J1KKCBY19820 Shanghai Pharmaceuticals Holding Co Ltd - H N/A 69600.00000000 NS 108367.49000000 0.000463505201 Long EC CORP HK N 2 N N N Cheng Shin Rubber Industry Co Ltd 3003006VZBNKJZLNJ718 Cheng Shin Rubber Industry Co Ltd 619022007 419000.00000000 NS 551980.36000000 0.002360908864 Long EC CORP TW N 2 N N N KDDI Corp 5299003FU7V4I45FU310 KDDI Corp J31843105 315700.00000000 NS 9663723.45000000 0.041333300985 Long EC CORP JP N 2 N N N HDFC Bank Ltd 335800ZQ6I4E2JXENC50 HDFC Bank Ltd N/A 633788.00000000 NS 11623607.52000000 0.049716040680 Long EC CORP IN N 2 N N N Remgro Ltd N/A Remgro Ltd 629068909 105742.00000000 NS 829349.02000000 0.003547259277 Long EC CORP ZA N 2 N N N Kinder Morgan Inc 549300WR7IX8XE0TBO16 Kinder Morgan, Inc 49456B101 26452.00000000 NS USD 438574.16000000 0.001875852289 Long EC CORP US N 1 N N N NVIDIA Corp 549300S4KLFTLO7GSQ80 Nvidia Corp 67066G104 1266581.00000000 NS USD 550950069.19000000 2.356502144927 Long EC CORP US N 1 N N N Nan Ya Printed Circuit Board Corp N/A Nan Ya Printed Circuit Board Corp B11875901 17000.00000000 NS 140892.02000000 0.000602617852 Long EC CORP TW N 2 N N N Terreno Realty Corp N/A Terreno Realty Corp 88146M101 52617.00000000 NS USD 2988645.60000000 0.012782918381 Long EC CORP US N 1 N N N N/A N/A Royal Bank of Canada 78015JS65 1000000.00000000 PA USD 1000000.00000000 0.004277160992 Long STIV CORP US N 2 N N Deutsche Boerse AG 529900G3SW56SHYNPR95 Deutsche Boerse AG. D1882G119 105213.00000000 NS 18169947.72000000 0.077715791629 Long EC CORP DE N 2 N N N Heilongjiang Agriculture Co Ltd 300300QU9AQS1YMTV002 Heilongjiang Agriculture Co Ltd N/A 25300.00000000 NS 45635.72000000 0.000195191321 Long EC CORP CN N 2 N N N L'Oreal SA 529900JI1GG6F7RKVI53 L'Oreal S.A. F58149133 166948.00000000 NS 69185263.90000000 0.295916512030 Long EC CORP FR N 2 N N N CELCOMDIGI BHD N/A Digi.Com BHD 608624904 290600.00000000 NS 270469.52000000 0.001156841680 Long EC CORP MY N 2 N N N Vale SA 254900SMTWBX7RU2SR20 Companhia Vale do Rio Doce (ADR) 91912E105 2296738.00000000 NS USD 30776289.20000000 0.131635143669 Long EC CORP BR N 1 N N N Toray Industries Inc 35380099TCYR5FHT0A11 Toray Industries, Inc J89494116 240501.00000000 NS 1251341.72000000 0.005352189993 Long EC CORP JP N 2 N N N NetEase Inc 5299004AF4DSJDB0PA32 NetEase, Inc N/A 727995.00000000 NS 14597202.01000000 0.062434583041 Long EC CORP CN N 2 N N N Saudi Electricity Co 549300FXO4ZXUIAXGP41 Saudi Electricity Co N/A 183263.00000000 NS 932594.42000000 0.003988856475 Long EC CORP SA N 2 N N N RenaissanceRe Holdings Ltd EK6GB9U3U58PDI411C94 RenaissanceRe Holdings Ltd G7496G103 55393.00000000 NS USD 10963382.56000000 0.046892152234 Long EC CORP US N 1 N N N Shenzhen Inovance Technology Co Ltd N/A Shenzhen Inovance Technology Co Ltd N/A 17100.00000000 NS 156263.03000000 0.000668362136 Long EC CORP CN N 2 N N N Grupo Mexico SAB de CV 529900JWLZAYET2ZGW20 Grupo Mexico S.A. de C.V. (Series B) 264367905 671600.00000000 NS 3178900.24000000 0.013596668106 Long EC CORP MX N 1 N N N Star Asia Investment Corp N/A Star Asia Investment Corp N/A 3568.00000000 NS 1381015.53000000 0.005906825755 Long EC CORP JP N 2 N N N Shopify Inc 549300HGQ43STJLLP808 Shopify, Inc (Class A) 82509L107 1661741.00000000 NS 90706039.20000000 0.387964332678 Long EC CORP CA N 1 N N N 360 Security Technology Inc N/A 360 Security Technology, Inc Y444T7106 41200.00000000 NS 55478.36000000 0.000237289877 Long EC CORP CN N 2 N N N Telkom Indonesia Persero Tbk PT 529900M5SQZAOKV1PC81 Telkom Indonesia Persero Tbk PT N/A 10903400.00000000 NS 2643057.71000000 0.011304783338 Long EC CORP ID N 2 N N N Workday Inc 549300J0DYC0N31V7G13 Workday, Inc 98138H101 244.00000000 NS USD 52423.40000000 0.000224223321 Long EC CORP US N 1 N N N Northrop Grumman Corp RIMU48P07456QXSO0R61 Northrop Grumman Corp 666807102 104168.00000000 NS USD 45853711.92000000 0.196123707999 Long EC CORP US N 1 N N N HEICO Corp 529900O1DTDLCJ7L0I14 HEICO Corp 422806109 52.00000000 NS USD 8420.36000000 0.000036015235 Long EC CORP US N 1 N N N Turkiye Petrol Rafinerileri AS 789000RCNG97UV50EE03 Turkiye Petrol Rafinerileri AS B03MYT908 223170.00000000 NS 1292913.63000000 0.005529999745 Long EC CORP TR N 2 N N N News Corp 549300ITS31QK8VRBQ14 News Corp (Class A) 65249B109 451.00000000 NS USD 9047.06000000 0.000038695732 Long EC CORP US N 1 N N N Moncler SpA 815600EBD7FB00525B20 Moncler S.p.A N/A 640345.00000000 NS 37111181.11000000 0.158730496240 Long EC CORP IT N 2 N N N Luxi Chemical Group Co Ltd 300300UFIWMHUM74D963 Luxi Chemical Group Co Ltd N/A 31500.00000000 NS 48922.11000000 0.000209247740 Long EC CORP CN N 2 N N N HD Hyundai Heavy Industries Co Ltd 988400CAR8W9URQLGF30 HD Hyundai Heavy Industries Co Ltd N/A 4699.00000000 NS 421414.37000000 0.001802457105 Long EC CORP KR N 2 N N N Paycom Software Inc 254900LSB0HNJUDC6Q18 Paycom Software, Inc 70432V102 62.00000000 NS USD 16074.74000000 0.000068754250 Long EC CORP US N 1 N N N N/A N/A Royal Bank of Canada 78015JTN7 2000000.00000000 PA USD 2000000.00000000 0.008554321985 Long STIV CORP US N 2 N N AU Optronics Corp 391200L7PIS4QXYJUQ72 AU Optronics Corp 628819906 549800.00000000 NS 279413.98000000 0.001195098576 Long EC CORP TW N 2 N N N CoStar Group Inc N/A CoStar Group, Inc 22160N109 484.00000000 NS USD 37214.76000000 0.000159173519 Long EC CORP US N 1 N N N NextEra Energy Inc N/A NextEra Energy, Inc 65339F101 779620.00000000 NS USD 44664429.80000000 0.191036956906 Long EC CORP US N 1 N N N S-Oil Corp 988400QTUXYDN8W3MZ32 S-Oil Corp 640605903 11542.00000000 NS 675047.87000000 0.002887288417 Long EC CORP KR N 2 N N N Shanghai Pudong Development Bank Co Ltd 300300C1031031001330 Shanghai Pudong Development Bank Co Ltd N/A 139700.00000000 NS 136238.45000000 0.000582713784 Long EC CORP CN N 2 N N N Hindustan Aeronautics Ltd 335800AKDC7T933T3I86 Hindustan Aeronautics Ltd N/A 38482.00000000 NS 891558.44000000 0.003813338982 Long EC CORP IN Y 2 N N N Bank AlBilad 558600YCBMF3KW9QH647 Bank AlBilad N/A 39030.00000000 NS 440572.70000000 0.001884400366 Long EC CORP SA N 2 N N N Shenzhen Kedali Industry Co Ltd N/A Shenzhen Kedali Industry Co Ltd N/A 2900.00000000 NS 38226.60000000 0.000163501322 Long EC CORP CN N 2 N N N Gerdau SA 254900YDV6SEQQPZVG24 Gerdau S.A. (Preference) 264551904 246790.00000000 NS 1184717.69000000 0.005067228291 Long EC CORP BR N 1 N N N Masco Corp 5GCSNMQXHEYA1JO8QN11 Masco Corp 574599106 266.00000000 NS USD 14217.70000000 0.000060811391 Long EC CORP US N 1 N N N Monolithic Power Systems Inc 529900TB7O85LSZ1XU31 Monolithic Power Systems, Inc 609839105 53.00000000 NS USD 24486.00000000 0.000104730564 Long EC CORP US N 1 N N N Masraf Al Rayan QSC 254900KFL51VLXABR231 Masraf Al Rayan QSC N/A 452158.00000000 NS 276951.37000000 0.001184565596 Long EC CORP QA N 2 N N N Nestle India Ltd 3358008SYYY9CPWH5D94 Nestle India Ltd N/A 7433.00000000 NS 2011699.68000000 0.008604363400 Long EC CORP IN N 2 N N N MINISO Group Holding Ltd 2549006PIKT2YKNBL092 MINISO Group Holding Ltd (ADR) 66981J102 20800.00000000 NS USD 538720.00000000 0.002304192170 Long EC CORP KY N 1 N N N Global Payments Inc 549300NOMHGVQBX6S778 Global Payments, Inc 37940X102 87380.00000000 NS USD 10082778.20000000 0.043125665616 Long EC CORP US N 1 N N N Yum! Brands Inc 549300JE8XHZZ7OHN517 Yum! Brands, Inc 988498101 14341.00000000 NS USD 1791764.54000000 0.007663665398 Long EC CORP US N 1 N N N Shanghai Baosight Software Co Ltd N/A Shanghai Baosight Software Co Ltd N/A 6915.00000000 NS 42869.34000000 0.000183359068 Long EC CORP CN N 2 N N N Guangzhou Kingmed Diagnostics Group Co Ltd N/A Guangzhou Kingmed Diagnostics Group Co Ltd N/A 1800.00000000 NS 15423.84000000 0.000065970246 Long EC CORP CN N 2 N N N Woolworths Holdings Ltd/South Africa 37890095421E07184E97 Woolworths Holdings Ltd B06KZ9902 203665.00000000 NS 729628.15000000 0.003120737062 Long EC CORP ZA N 2 N N N Jollibee Foods Corp 2138009XN3KTAAKUPR35 Jollibee Foods Corp 647449909 90180.00000000 NS 365205.15000000 0.001562041221 Long EC CORP PH N 2 N N N Sinopec Shanghai Petrochemical Co Ltd 5299008RZ0G8ACZ8ZU65 Sinopec Shanghai Petrochemical Co Ltd (Class A) N/A 232100.00000000 NS 98349.26000000 0.000420655618 Long EC CORP CN N 2 N N N Founder Securities Co Ltd 300300DSN6TINPUMGY45 Founder Securities Co Ltd N/A 38800.00000000 NS 39497.40000000 0.000168936738 Long EC CORP CN N 2 N N N CPFL Energia SA 529900GBWSBDXN8GGM28 CPFL Energia S.A. B031NN909 50400.00000000 NS 336999.33000000 0.001441400388 Long EC CORP BR N 1 N N N AVIC Industry-Finance Holdings Co Ltd 300300459IU931EYE898 AVIC Industry-Finance Holdings Co Ltd N/A 6200.00000000 NS 2992.06000000 0.000012797522 Long EC CORP CN N 2 N N N Broadridge Financial Solutions Inc 549300KZDJZQ2YIHRC28 Broadridge Financial Solutions, Inc 11133T103 140.00000000 NS USD 25067.00000000 0.000107215594 Long EC CORP US N 1 N N N AIA Group Ltd ZP5ILWVSYE4LJGMMVD57 AIA Group Ltd N/A 2486100.00000000 NS 20105443.84000000 0.085994220135 Long EC CORP HK N 2 N N N Henry Schein Inc VGO3WGL8H45T73F4RR92 Henry Schein, Inc 806407102 155.00000000 NS USD 11508.75000000 0.000049224776 Long EC CORP US N 1 N N N SM Investments Corp 254900YB8UATFP21AF80 SM Investments Corp B068DB908 19810.00000000 NS 295153.83000000 0.001262420448 Long EC CORP PH N 2 N N N United States Treasury Bill 254900HROIFWPRGM1V77 United States Treasury Bill 912797HJ9 30000000.00000000 PA USD 29841712.50000000 0.127637808663 Long STIV UST US N 2 N N N China Feihe Ltd N/A China Feihe Ltd N/A 829000.00000000 NS 487110.43000000 0.002083449730 Long EC CORP HK Y 2 N N N Capitec Bank Holdings Ltd N/A Capitec Bank Holdings Ltd N/A 50946.00000000 NS 4606582.76000000 0.019703096091 Long EC CORP ZA N 2 N N TE Connectivity Ltd 894500ZRIX9K13RHXR17 TE Connectivity Ltd H84989104 164635.00000000 NS USD 20337361.55000000 0.086986169518 Long EC CORP US N 1 N N N JB Hunt Transport Services Inc 549300XCD1MPI1C5GK90 JB Hunt Transport Services, Inc 445658107 4463.00000000 NS USD 841364.76000000 0.003598652532 Long EC CORP US N 1 N N N Growthpoint Properties Ltd 37890019DD1E46632291 Growthpoint Properties Ltd N/A 690375.00000000 NS 384681.12000000 0.001645343081 Long EC CORP ZA N 2 N N N Uber Technologies Inc 549300B2FTG34FILDR98 Uber Technologies, Inc 90353T100 2157.00000000 NS USD 99200.43000000 0.000424296209 Long EC CORP US N 1 N N N General Electric Co 3C7474T6CDKPR9K6YT90 General Electric Co 369604301 1289.00000000 NS USD 142498.95000000 0.000609490950 Long EC CORP US N 1 N N N Sirius XM Holdings Inc 54930055RWDMVXAGZK98 Sirius XM Holdings, Inc 82968B103 916.00000000 NS USD 4140.32000000 0.000017708815 Long EC CORP US N 1 N N Airtac International Group N/A Airtac International Group N/A 30207.00000000 NS 917768.67000000 0.003925444355 Long EC CORP TW N 2 N N N Discover Financial Services Z1YLO2USPORE63VVUL20 Discover Financial Services 254709108 192849.00000000 NS USD 16706508.87000000 0.071456428064 Long EC CORP US N 1 N N N POSCO Future M Co Ltd N/A POSCO Future M Co Ltd N/A 6740.00000000 NS 1783051.29000000 0.007626397425 Long EC CORP KR N 2 N N N Humanwell Healthcare Group Co Ltd 300300CT1GETYDVFFG34 Humanwell Healthcare Group Co Ltd N/A 9500.00000000 NS 31553.48000000 0.000134959313 Long EC CORP CN N 2 N N N Covestro AG 3912005AWHKLQ1CPLV11 Covestro AG. N/A 40378.00000000 NS 2171323.80000000 0.009287101460 Long EC CORP DE Y 2 N N N Charter Communications Inc 0J0XRGZE3PBRFEZ7MV65 Charter Communications, Inc 16119P108 51203.00000000 NS USD 22520103.46000000 0.096322108073 Long EC CORP US N 1 N N N China Ruyi Holdings Ltd 984500976440498D1C06 China Ruyi Holdings Ltd N/A 1188000.00000000 NS 306879.15000000 0.001312571529 Long EC CORP HK N 2 N N Berger Paints India Ltd 335800TNTIBFAWWUZD51 Berger Paints India Ltd N/A 52540.00000000 NS 359311.50000000 0.001536833132 Long EC CORP IN N 2 N N N China Overseas Property Holdings Ltd N/A China Overseas Property Holdings Ltd N/A 45000.00000000 NS 50644.72000000 0.000216615620 Long EC CORP HK N 2 N N N Magellan Financial Group Ltd 549300X5WFW6USQQ9U26 Magellan Financial Group Ltd N/A 3698.00000000 NS 475.53000000 0.000002033918 Long DE CORP AU N 2 N/A N/A Call Purchased MAGELLAN FINANCIAL GROUP LTD MAGELLAN FINANCIAL GROUP LTD 1.00000000 35.00000000 AUD 2027-04-16 XXXX 475.53000000 N N N NavInfo Co Ltd N/A NavInfo Co Ltd N/A 3500.00000000 NS 4872.03000000 0.000020838456 Long EC CORP CN N 2 N N N SooChow Securities Co Ltd 300300E1008532000098 SooChow Securities Co Ltd N/A 28262.00000000 NS 32701.07000000 0.000139867741 Long EC CORP CN N 2 N N N China Merchants Bank Co Ltd 549300MKO5B60FFIHF58 China Merchants Bank Co Ltd B1DYPZ905 1276500.00000000 NS 5299520.98000000 0.022666904416 Long EC CORP HK N 2 N N N Amcor PLC 549300GSODGFCDQ3DI89 Amcor plc G0250X107 1742.00000000 NS USD 15956.72000000 0.000068249460 Long EC CORP US N 1 N N N HD Hyundai Co Ltd N/A HD Hyundai Co Ltd N/A 3805.00000000 NS 186872.16000000 0.000799282313 Long EC CORP KR N 2 N N N Guangzhou Baiyun International Airport Co Ltd 300300HCH80SKW83W383 Guangzhou Baiyun International Airport Co Ltd N/A 16000.00000000 NS 24601.80000000 0.000105225859 Long EC CORP CN N 2 N N N Sompo Holdings Inc 353800CWW4SRGEYEB512 Sompo Holdings, Inc J58699109 73700.00000000 NS 3158543.44000000 0.013509598795 Long EC CORP JP N 2 N N N New China Life Insurance Co Ltd 300300F2001111000095 New China Life Insurance Co Ltd - A N/A 33300.00000000 NS 168739.49000000 0.000721725964 Long EC CORP CN N 2 N N N Tamboran Resources Ltd N/A Tamboran Resources Ltd N/A 93879773.00000000 NS 8752199.43000000 0.037434566003 Long EC CORP AU N 2 N N N Akbank TAS 789000TUMN63Z28TJ497 Akbank TAS B03MN7908 1227401.00000000 NS 1495104.28000000 0.006394801706 Long EC CORP TR N 2 N N N PTT Exploration & Production PCL 2549001O8YYGP5N7Q076 PTT Exploration & Production PCL B1359J903 355600.00000000 NS 1659280.71000000 0.007097010728 Long EC CORP TH N 2 N N N Kingdee International Software Group Co Ltd 529900SWRZN94C5SZO63 Kingdee International Software Group Co Ltd N/A 229000.00000000 NS 280267.17000000 0.001198747807 Long EC CORP HK N 2 N N N Shenzhen Salubris Pharmaceuticals Co Ltd N/A Shenzhen Salubris Pharmaceuticals Co Ltd N/A 6000.00000000 NS 24374.06000000 0.000104251778 Long EC CORP CN N 2 N N N Aluminum Corp of China Ltd 529900TKZUWQLIQN6T48 Aluminum Corp of China Ltd (Class A) N/A 194200.00000000 NS 167479.66000000 0.000716337468 Long EC CORP CN N 2 N N N COSCO SHIPPING Holdings Co Ltd 3003009XI0QGYYA29S17 COSCO SHIPPING Holdings Co Ltd - H B0B8Z1900 670650.00000000 NS 685494.06000000 0.002931968454 Long EC CORP HK N 2 N N N AIMA Technology Group Co Ltd N/A AIMA Technology Group Co Ltd N/A 9700.00000000 NS 39309.70000000 0.000168133915 Long EC CORP CN N 2 N N N Seagen Inc N/A Seagen, Inc 81181C104 166.00000000 NS USD 35216.90000000 0.000150628350 Long EC CORP US N 1 N N N Bajaj Finance Ltd 335800YTEXC3DO4Z6F68 Bajaj Finance Ltd N/A 60065.00000000 NS 5634007.46000000 0.024097556941 Long EC CORP IN N 2 N N N Luxshare Precision Industry Co Ltd 300300QLLDUELXN16530 Luxshare Precision Industry Co Ltd N/A 92109.00000000 NS 377786.54000000 0.001615853852 Long EC CORP CN N 2 N N N Shanghai Fudan Microelectronics Group Co Ltd 300300MN0B6IF027O317 Shanghai Fudan Microelectronics Group Co Ltd N/A 6744.00000000 NS 44179.19000000 0.000188961508 Long EC CORP CN N 2 N N N China Shenhua Energy Co Ltd 529900N9JOX4C108MA40 China Shenhua Energy Co Ltd - A N/A 112200.00000000 NS 481097.94000000 0.002057733342 Long EC CORP CN N 2 N N N Celanese Corp 549300FHJQTDPPN41627 Celanese Corp (Series A) 150870103 210671.00000000 NS USD 26443423.92000000 0.113102781307 Long EC CORP US N 1 N N N J M Smucker Co/The 5493000WDH6A0LHDJD55 J.M. Smucker Co 832696405 121.00000000 NS USD 14872.11000000 0.000063610408 Long EC CORP US N 1 N N N Sanlam Ltd 37890014418406D9FC23 Sanlam Ltd B0L675905 388156.00000000 NS 1346581.52000000 0.005759545950 Long EC CORP ZA N 2 N N N Cochlear Ltd 5493001OLLWY8KV5UC08 Cochlear Ltd 621179902 44118.00000000 NS 7225787.66000000 0.030905857121 Long EC CORP AU N 2 N N N Eregli Demir ve Celik Fabrikalari TAS 789000VYQF5IDGG49908 Eregli Demir ve Celik Fabrikalari TAS B03MS9909 279943.00000000 NS 453426.19000000 0.001939376812 Long EC CORP TR N 2 N N N Tata Steel Ltd 335800E6C75YGSGD5T66 Tata Steel Ltd N/A 1583427.00000000 NS 2449092.48000000 0.010475162823 Long EC CORP IN N 2 N N N Woodside Energy Group Ltd 2549005ZC5RXAOO7FH41 Woodside Energy Group Ltd N/A 113890.00000000 NS 2648065.24000000 0.011326201350 Long EC CORP AU N 2 N N N Caitong Securities Co Ltd 300300E1006233000091 Caitong Securities Co Ltd N/A 30030.00000000 NS 32509.35000000 0.000139047723 Long EC CORP CN N 2 N N N China Galaxy Securities Co Ltd 3003008KFQXO06OK8582 China Galaxy Securities Co Ltd N/A 324000.00000000 NS 166639.47000000 0.000712743840 Long EC CORP HK N 2 N N N BNP Paribas SA R0MUWSFPU8MPRO8K5P83 BNP Paribas S.A. 730968906 677999.00000000 NS 43111430.71000000 0.184394529777 Long EC CORP FR N 2 N N N Vibra Energia SA 549300U7VLJ3SYVNY689 Vibra Energia S.A. N/A 244700.00000000 NS 921054.00000000 0.003939496241 Long EC CORP BR N 1 N N N PTT Oil & Retail Business PCL 254900E86F1OANU6B371 PTT Oil & Retail Business PCL N/A 611700.00000000 NS 313526.67000000 0.001341004043 Long EC CORP TH N 2 N N N United Rentals Inc 5323X5O7RN0NKFCDRY08 United Rentals, Inc 911363109 123989.00000000 NS USD 55121789.73000000 0.235764768887 Long EC CORP US N 1 N N N Universal Health Services Inc 549300YGMGQDO0NMJD09 Universal Health Services, Inc (Class B) 913903100 75.00000000 NS USD 9429.75000000 0.000040332558 Long EC CORP US N 1 N N N Public Storage 549300LMZF40TKJ6DM64 Public Storage, Inc 74460D109 35909.00000000 NS USD 9462739.68000000 0.040473661044 Long EC CORP US N 1 N N N China Development Financial Holding Corp N/A China Development Financial Holding Corp 643175904 1294844.00000000 NS 473355.50000000 0.002024617680 Long EC CORP TW N 2 N N N Daiwa Securities Group Inc 353800WRC7Y23PWFJG38 Daiwa Securities Group, Inc 625144001 317200.00000000 NS 1829152.20000000 0.007823578439 Long EC CORP JP N 2 N N JG Summit Holdings Inc 8945008FXJ2QCVCRJM25 JG Summit Holdings (Series B) 646645903 505755.00000000 NS 339911.32000000 0.001453855438 Long EC CORP PH N 2 N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 Bank of America Corp 060505104 1416583.00000000 NS USD 38786042.54000000 0.165894148217 Long EC CORP US N 1 N N N Info Edge India Ltd 335800MXUVHTBF9DEC78 Info Edge India Ltd N/A 14878.00000000 NS 743928.39000000 0.003181901491 Long EC CORP IN N 2 N N N Indraprastha Gas Ltd 33580033VPD8D168H736 Indraprastha Gas Ltd N/A 71687.00000000 NS 391800.29000000 0.001675792917 Long EC CORP IN N 2 N N N Target Corp 8WDDFXB5T1Z6J0XC1L66 Target Corp 87612E106 79109.00000000 NS USD 8747082.13000000 0.037412678487 Long EC CORP US N 1 N N N Maxis Bhd N/A Maxis Bhd N/A 196800.00000000 NS 169177.54000000 0.000723599574 Long EC CORP MY N 2 N N N Applied Materials Inc 41BNNE1AFPNAZELZ6K07 Applied Materials, Inc 038222105 671981.00000000 NS USD 93035769.45000000 0.397928964027 Long EC CORP US N 1 N N N Hyundai Motor Co 9884004RQX8PRBXQ8S60 Hyundai Motor Co Ltd (2nd Preference) 614827905 8183.00000000 NS 641461.64000000 0.002743634704 Long EC CORP KR N 2 N N N BAWAG Group AG 529900S9YO2JHTIIDG38 BAWAG Group AG. N/A 232820.00000000 NS 10641268.19000000 0.045514417216 Long EC CORP AT Y 2 N N N Autobio Diagnostics Co Ltd 300300HTZSCUCA32U369 Autobio Diagnostics Co Ltd N/A 2800.00000000 NS 17530.55000000 0.000074980984 Long EC CORP CN N 2 N N N United Spirits Ltd 3358004YFWQVX2EZDE82 United Spirits Ltd N/A 63880.00000000 NS 772985.37000000 0.003306182872 Long EC CORP IN N 2 N N N Wells Fargo & Co PBLD0EJDB5FWOLXP3B76 Wells Fargo & Co 949746101 3982253.00000000 NS USD 162714857.58000000 0.695957641792 Long EC CORP US N 1 N N N Multiply Group PJSC N/A Multiply Group PJSC N/A 836592.00000000 NS 911276.58000000 0.003897676641 Long EC CORP AE N 2 N N N Ratch Group PCL 2138004IGHN9UQGDSH20 Ratch Group PCL N/A 74250.00000000 NS 64143.27000000 0.000274351092 Long EC CORP TH N 2 N N N CSX Corp 549300JVQR4N1MMP3Q88 CSX Corp 126408103 67784.00000000 NS USD 2084358.00000000 0.008915134732 Long EC CORP US N 1 N N N N/A N/A Lloyds Bank PLC 53943SXP7 2000000.00000000 PA USD 1993473.33000000 0.008526406367 Long STIV CORP US N 2 N N Pfizer Inc 765LHXWGK1KXCLTFYQ30 Pfizer, Inc 717081103 883991.00000000 NS USD 29321981.47000000 0.125414835375 Long EC CORP US N 1 N N N Tata Consultancy Services Ltd 335800ZJKU9GPQRE2U66 Tata Consultancy Services Ltd B01NPJ900 192574.00000000 NS 8154003.01000000 0.034875983609 Long EC CORP IN N 2 N N N Abu Dhabi National Oil Co for Distribution PJSC 213800YI1ZIOJB3HLB11 Abu Dhabi National Oil Co for Distribution PJSC N/A 695660.00000000 NS 710234.00000000 0.003037785160 Long EC CORP AE N 2 N N N Shanghai M&G Stationery Inc N/A Shanghai M&G Stationery, Inc N/A 9700.00000000 NS 48501.03000000 0.000207446713 Long EC CORP CN N 2 N N N Shanghai Rural Commercial Bank Co Ltd 300300C1122131000095 Shanghai Rural Commercial Bank Co Ltd N/A 171500.00000000 NS 141972.69000000 0.000607240051 Long EC CORP CN N 2 N N N Global Power Synergy PCL 2549009TMPQXKDVDN395 Global Power Synergy PCL N/A 135000.00000000 NS 165366.46000000 0.000707298972 Long EC CORP TH N 2 N N N Fixed Income Clearing Corp 549300H47WTHXPU08X20 Fixed Income Clearing Corp (FICC) 85748R009 35424000.00000000 PA USD 35424000.00000000 0.151514151009 Long RA CORP US N 2 Repurchase N 5.30000000 2023-10-02 36260700.00000000 USD 36132567.38000000 USD UST N N N Zhejiang Supor Co Ltd N/A Zhejiang Supor Co Ltd N/A 9800.00000000 NS 65182.92000000 0.000278797842 Long EC CORP CN N 2 N N N Yunnan Botanee Bio-Technology Group Co Ltd N/A Yunnan Botanee Bio-Technology Group Co Ltd N/A 4200.00000000 NS 53862.39000000 0.000230378113 Long EC CORP CN N 2 N N N MongoDB Inc 549300TPTG69WKWE1Z37 MongoDB, Inc 60937P106 84.00000000 NS USD 29052.24000000 0.000124261107 Long EC CORP US N 1 N N N Teledyne Technologies Inc 549300VSMO9KYQWDND94 Teledyne Technologies, Inc 879360105 56.00000000 NS USD 22880.48000000 0.000097863496 Long EC CORP US N 1 N N N Quanta Services Inc SHVRXXEACT60MMH07S24 Quanta Services, Inc 74762E102 172.00000000 NS USD 32176.04000000 0.000137622103 Long EC CORP US N 1 N N N Cisco Systems Inc 549300LKFJ962MZ46593 Cisco Systems, Inc 17275R102 4825.00000000 NS USD 259392.00000000 0.001109461344 Long EC CORP US N 1 N N N Liberty Media Corp-Liberty Formula One N/A Liberty Media Corp-Liberty Formula One 531229755 234.00000000 NS USD 14578.20000000 0.000062353308 Long EC CORP US N 1 N N N Siam Cement PCL/The 254900RMCZY0X6F2KB70 Siam Cement PCL 660990904 166400.00000000 NS 1371946.17000000 0.005868034642 Long EC CORP TH N 2 N N N YETI Holdings Inc 549300DSQICIGNT5GO63 YETI Holdings, Inc 98585X104 436221.00000000 NS USD 21034576.62000000 0.089968270619 Long EC CORP US N 1 N N N Bio-Techne Corp 54930073RLKQ51TILZ35 Bio-Techne Corp 09073M104 186.00000000 NS USD 12661.02000000 0.000054153220 Long EC CORP US N 1 N N N Colgate-Palmolive Co YMEGZFW4SBUSS5BQXF88 Colgate-Palmolive Co 194162103 161224.00000000 NS USD 11464638.64000000 0.049036105187 Long EC CORP US N 1 N N N Paychex Inc 529900K900DW6SUBM174 Paychex, Inc 704326107 384.00000000 NS USD 44286.72000000 0.000189421431 Long EC CORP US N 1 N N N Republic Services Inc NKNQHM6BLECKVOQP7O46 Republic Services, Inc 760759100 262.00000000 NS USD 37337.62000000 0.000159699011 Long EC CORP US N 1 N N N First Abu Dhabi Bank PJSC 2138002Y3WMK6RZS8H90 First Abu Dhabi Bank PJSC N/A 358010.00000000 NS 1325715.11000000 0.005670296956 Long EC CORP AE N 2 N N N Tsingtao Brewery Co Ltd 300300OJ7D0Q1ESE8L15 Tsingtao Brewery Co Ltd 690580907 140000.00000000 NS 1140015.82000000 0.004876031196 Long EC CORP HK N 2 N N N U-Haul Holding Co 5493003WIDMLDHYC6Y24 U-Haul Holding Co 023586506 115.00000000 NS USD 6024.85000000 0.000025769253 Long EC CORP US N 1 N N N N/A N/A NATixis 63873QE67 1000000.00000000 PA USD 1000000.00000000 0.004277160992 Long STIV CORP US N 2 N N Bharat Petroleum Corp Ltd 8GRDBX1TJ0PU5NCSHT72 Bharat Petroleum Corp Ltd 609972906 184762.00000000 NS 770730.11000000 0.003296536762 Long EC CORP IN N 2 N N N Realty Income Corp 549300CUWDAUZSH43859 Realty Income Corp 756109104 53414.00000000 NS USD 2667495.16000000 0.011409306246 Long EC CORP US N 1 N N N Balkrishna Industries Ltd 3358006BD9NZGXG1I436 Balkrishna Industries Ltd N/A 15888.00000000 NS 488367.55000000 0.002088826635 Long EC CORP IN N 2 N N N Inner Mongolia Junzheng Energy & Chemical Industry Group Co Ltd 3003006C9ZMCTO771B16 Inner Mongolia Junzheng Energy & Chemical Industry Group Co Ltd N/A 137200.00000000 NS 76978.23000000 0.000329248282 Long EC CORP CN N 2 N N N Jiangxi Copper Co Ltd 3003002E74YFQ6MEZY56 Jiangxi Copper Co Ltd 600030902 284000.00000000 NS 442995.79000000 0.001894764312 Long EC CORP HK N 2 N N N China Resources Pharmaceutical Group Ltd 3003004H1KDKMJ8JD874 China Resources Pharmaceutical Group Ltd N/A 133000.00000000 NS 88114.51000000 0.000376879945 Long EC CORP HK Y 2 N N N China Taiping Insurance Holdings Co Ltd 529900C2G37NOIADYW07 China Insurance International Holdings Co Ltd 626404909 377000.00000000 NS 373368.43000000 0.001596956884 Long EC CORP HK N 2 N N N Builders FirstSource Inc 549300W0SKP6L3H7DP63 Builders FirstSource, Inc 12008R107 152.00000000 NS USD 18922.48000000 0.000080934493 Long EC CORP US N 1 N N N SBI Holdings Inc 353800L6LMHYIPSMRQ17 SBI Holdings, Inc 630946903 51800.00000000 NS 1090172.65000000 0.004662843934 Long EC CORP JP N 2 N N N Fujian Sunner Development Co Ltd 300300O2MSF659DM5M44 Fujian Sunner Development Co Ltd N/A 14400.00000000 NS 37924.17000000 0.000162207780 Long EC CORP CN N 2 N N N Conagra Brands Inc 54930035UDEIH090K650 ConAgra Brands, Inc 205887102 565.00000000 NS USD 15492.30000000 0.000066263061 Long EC CORP US N 1 N N N Jonjee Hi-Tech Industrial And Commercial Holding Co Ltd 3003004VPK0KK2I9LF35 Jonjee Hi-Tech Industrial And Commercial Holding Co Ltd N/A 12200.00000000 NS 57673.28000000 0.000246677903 Long EC CORP CN N 2 N N N Realtek Semiconductor Corp 5299002E7F36O00MYY75 Realtek Semiconductor Corp 605142900 40000.00000000 NS 491135.98000000 0.002100667655 Long EC CORP TW N 2 N N N Meritz Financial Group Inc N/A Meritz Financial Group, Inc N/A 22598.00000000 NS 924823.78000000 0.003955620197 Long EC CORP KR N 2 N N N Datang International Power Generation Co Ltd 213800VW156IS7SJUL96 Datang International Power Generation Co Ltd N/A 169500.00000000 NS 61728.77000000 0.000264023887 Long EC CORP CN N 2 N N N Exxaro Resources Ltd 378900BC3D9BFF4E4A37 Exxaro Resources Ltd 641880901 62178.00000000 NS 566091.96000000 0.002421266449 Long EC CORP ZA N 2 N N LTIMindtree Ltd 335800DY1I1WFHVV6T22 LTIMindtree Ltd N/A 292731.00000000 NS 18290197.99000000 0.078230121393 Long EC CORP IN Y 2 N N N Ambev SA 549300TH5Q6VRP8OT012 Ambev S.A. N/A 1017400.00000000 NS 2653532.54000000 0.011349585873 Long EC CORP BR N 1 N N N ENN Energy Holdings Ltd 549300V7BXPWT6WIPR03 ENN Energy Holdings Ltd N/A 152400.00000000 NS 1255805.72000000 0.005371283240 Long EC CORP HK N 2 N N N Hershey Co/The 21X2CX66SU2BR6QTAD08 Hershey Co 427866108 174.00000000 NS USD 34813.92000000 0.000148904740 Long EC CORP US N 1 N N N Malaysia Airports Holdings Bhd 2549003NBM1LN55SZ370 Malaysia Airports Holdings Bhd N/A 148460.00000000 NS 225444.82000000 0.000964263790 Long EC CORP MY N 2 N N N On Holding AG N/A On Holding AG. H5919C104 909334.00000000 NS USD 25297671.88000000 0.108202215374 Long EC CORP US N 1 N N N Best Buy Co Inc HL5XPTVRV0O8TUN5LL90 Best Buy Co, Inc 086516101 25282.00000000 NS USD 1756340.54000000 0.007512151247 Long EC CORP US N 1 N N N OTP Bank Nyrt 529900W3MOO00A18X956 OTP Bank Rt 732015904 18340.00000000 NS 661228.39000000 0.002828180277 Long EC CORP HU N 2 N N N Singapore Exchange Ltd 549300IQ650PPXM76X03 Singapore Exchange Ltd 630386902 176500.00000000 NS 1255623.07000000 0.005370502016 Long EC CORP SG N 2 N N N Livzon Pharmaceutical Group Inc 529900Y4GWTVVTORJ443 Livzon Pharmaceutical Group, Inc N/A 2100.00000000 NS 10650.53000000 0.000045554031 Long EC CORP CN N 2 N N N BILL Holdings Inc 549300IBF9VZZIGOZW63 BILL Holdings, Inc 090043100 113.00000000 NS USD 12268.41000000 0.000052473964 Long EC CORP US N 1 N N N East Buy Holding Ltd 3003007X0QPXFVRDX034 East Buy Holding Ltd N/A 86500.00000000 NS 406178.03000000 0.001737288826 Long EC CORP HK Y 2 N N Givaudan SA 213800SVRMQA1TD91D41 Givaudan S.A. H3238Q102 4635.00000000 NS 15090775.17000000 0.064545674908 Long EC CORP CH N 2 N N N Bank of China Ltd 54930053HGCFWVHYZX42 Bank of China Ltd - H B15456906 17351000.00000000 NS 6044705.13000000 0.025854176995 Long EC CORP HK N 2 N N N Estee Lauder Cos Inc/The 549300VFZ8XJ9NUPU221 Estee Lauder Cos (Class A) 518439104 74520.00000000 NS USD 10771866.00000000 0.046073005075 Long EC CORP US N 1 N N N Sinomine Resource Group Co Ltd N/A Sinomine Resource Group Co Ltd N/A 7468.00000000 NS 37353.18000000 0.000159765564 Long EC CORP CN N 2 N N N KGHM Polska Miedz SA G30CO71KTT9JDYJESN22 KGHM Polska Miedz S.A. 526325907 27525.00000000 NS 701213.73000000 0.002999204013 Long EC CORP PL N 2 N N N Chiba Bank Ltd/The FGJPAKKCTZVSKZXNBS63 Chiba Bank Ltd 619056005 116400.00000000 NS 845656.24000000 0.003617007883 Long EC CORP JP N 2 N N N SK Innovation Co Ltd 988400PXP70BWVSJVF07 SK Innovation Co Ltd B232R0909 14057.00000000 NS 1542340.04000000 0.006596836656 Long EC CORP KR N 2 N N N Suncorp Group Ltd 549300BVOKRTHDIWVT46 Suncorp-Metway Ltd 658508007 276854.00000000 NS 2466667.64000000 0.010550334612 Long EC CORP AU N 2 N N N Eastroc Beverage Group Co Ltd 836800LQ338417RCIL29 Eastroc Beverage Group Co Ltd N/A 3500.00000000 NS 87841.37000000 0.000375711681 Long EC CORP CN N 2 N N N Bidvest Group Ltd/The 5299002ARE4TRMIRGM72 Bidvest Group Ltd 610008906 61686.00000000 NS 888714.97000000 0.003801177003 Long EC CORP ZA N 2 N N DR Horton Inc 529900ZIUEYVSB8QDD25 DR Horton, Inc 23331A109 363.00000000 NS USD 39011.61000000 0.000166858936 Long EC CORP US N 1 N N N Jiangsu Hengrui Pharmaceuticals Co Ltd N/A Jiangsu Hengrui Pharmaceuticals Co Ltd N/A 32882.00000000 NS 203288.29000000 0.000869496744 Long EC CORP CN N 2 N N N Chongqing Zhifei Biological Products Co Ltd 300300DRZD9P8L2NA467 Chongqing Zhifei Biological Products Co Ltd N/A 70950.00000000 NS 473156.83000000 0.002023767936 Long EC CORP CN N 2 N N N Cia Cervecerias Unidas SA 529900BJW9B0O6LI2R39 Cia Cervecerias Unidas S.A. 219618907 24384.00000000 NS 154810.46000000 0.000662149260 Long EC CORP CL N 1 N N N Quest Diagnostics Inc 8MCWUBXQ0WE04KMXBX50 Quest Diagnostics, Inc 74834L100 133.00000000 NS USD 16207.38000000 0.000069321573 Long EC CORP US N 1 N N N Nongfu Spring Co Ltd 300300P08GGT4SKR9G93 Nongfu Spring Co Ltd N/A 393200.00000000 NS 2255040.25000000 0.009645170194 Long EC CORP HK Y 2 N N DraftKings Inc N/A DraftKings, Inc 26142V105 493.00000000 NS USD 14513.92000000 0.000062078372 Long EC CORP US N 1 N N N SABIC Agri-Nutrients Co N/A SABIC Agri-Nutrients Co N/A 51246.00000000 NS 1818704.23000000 0.007778890790 Long EC CORP SA N 2 N N N Sonova Holding AG 5299004A0QNX7FBNHS61 Sonova Holdings AG 715603908 9057.00000000 NS 2143580.48000000 0.009168438814 Long EC CORP CH N 2 N N N Orient Securities Co Ltd/China 300300E1005131000066 Orient Securities Co Ltd N/A 46728.00000000 NS 61687.24000000 0.000263846256 Long EC CORP CN N 2 N N N Shanghai Electric Group Co Ltd 529900WHVV4GODE91T37 Shanghai Electric Group Co Ltd N/A 230200.00000000 NS 147660.09000000 0.000631565977 Long EC CORP CN N 2 N N N Waste Management Inc 549300YX8JIID70NFS41 Waste Management, Inc 94106L109 482.00000000 NS USD 73476.08000000 0.000314269023 Long EC CORP US N 1 N N N Petronas Dagangan Bhd N/A Petronas Dagangan BHD 669593907 86900.00000000 NS 414210.53000000 0.001771645121 Long EC CORP MY N 2 N N N DBS Group Holdings Ltd 5493007FKT78NKPM5V55 DBS Group Holdings Ltd Y20246107 394000.00000000 NS 9676496.47000000 0.041387933248 Long EC CORP SG N 2 N N N Jacobs Solutions Inc N/A Jacobs Solutions, Inc 46982L108 150.00000000 NS USD 20475.00000000 0.000087574871 Long EC CORP US N 1 N N N Philip Morris International Inc HL3H1H2BGXWVG3BSWR90 Philip Morris International, Inc 718172109 282181.00000000 NS USD 26124316.98000000 0.111737909550 Long EC CORP US N 1 N N N Trina Solar Co Ltd 30030040IFQ4UMZDUU48 Trina Solar Co Ltd N/A 27449.00000000 NS 115314.81000000 0.000493220007 Long EC CORP CN N 2 N N N Yealink Network Technology Corp Ltd N/A Yealink Network Technology Corp Ltd N/A 14210.00000000 NS 69485.93000000 0.000297202509 Long EC CORP CN N 2 N N N Tongwei Co Ltd 3003009CW4QYMCG0BH89 Tongwei Co Ltd N/A 59600.00000000 NS 263872.16000000 0.001128623709 Long EC CORP CN N 2 N N N Pepkor Holdings Ltd 3789006D677C34F69875 Pepkor Holdings Ltd N/A 365536.00000000 NS 332146.89000000 0.001420645721 Long EC CORP ZA Y 2 N N N N/A N/A Australia and New Zealand Banking Group 05253MTT1 1000000.00000000 PA USD 1000000.00000000 0.004277160992 Long STIV CORP US N 2 N N Shuangliang Eco-Energy Systems Co Ltd 6556005URCO8CNFH2721 Shuangliang Eco-Energy Systems Co Ltd N/A 14600.00000000 NS 21206.39000000 0.000090703144 Long EC CORP CN N 2 N N N XCMG Construction Machinery Co Ltd 300300QGG1VFJ0WTJE78 XCMG Construction Machinery Co Ltd N/A 181400.00000000 NS 158604.03000000 0.000678374970 Long EC CORP CN N 2 N N N Shanxi Meijin Energy Co Ltd 83680052S2RHEGMUGF37 Shanxi Meijin Energy Co Ltd N/A 46600.00000000 NS 44838.14000000 0.000191779943 Long EC CORP CN N 2 N N N BTG Hotels Group Co Ltd N/A BTG Hotels Group Co Ltd N/A 11800.00000000 NS 27936.44000000 0.000119488651 Long EC CORP CN N 2 N N N Consolidated Edison Inc 54930033SBW53OO8T749 Consolidated Edison, Inc 209115104 410.00000000 NS USD 35067.30000000 0.000149988487 Long EC CORP US N 1 N N N Itausa SA N/A Investimentos Itau S.A. - PR 245877006 411380.00000000 NS 740664.87000000 0.003167942890 Long EC CORP BR N 1 N N N Agility Public Warehousing Co KSC 549300C16Q6C2NMAI063 Agility Public Warehousing Co KSC N/A 356947.00000000 NS 642849.81000000 0.002749572131 Long EC CORP KW N 2 N N N Invesco Ltd ECPGFXU8A2SHKVVGJI15 Invesco Ltd G491BT108 407.00000000 NS USD 5909.64000000 0.000025276481 Long EC CORP US N 1 N N N Okta Inc 549300N8J06I8MRHU620 Okta, Inc 679295105 184.00000000 NS USD 14997.84000000 0.000064148176 Long EC CORP US N 1 N N N Turkcell Iletisim Hizmetleri AS 7890003EX1LTLS2FFL84 Turkcell Iletisim Hizmet AS B03MYN901 268740.00000000 NS 521430.99000000 0.002230244290 Long EC CORP TR N 2 N N N Hyundai Mobis Co Ltd 988400HJA9E0ZVDHRS65 Hyundai Mobis 644954000 13257.00000000 NS 2359459.34000000 0.010091787453 Long EC CORP KR N 2 N N N China Resources Gas Group Ltd 529900A0E1J5JSOKEK83 China Resources Gas Group Ltd N/A 240400.00000000 NS 702944.34000000 0.003006606111 Long EC CORP HK N 2 N N N Tokyo Electron Ltd 549300H5LSF8DP3RIJ34 Tokyo Electron Ltd J86957115 141300.00000000 NS 19300483.83000000 0.082551276580 Long EC CORP JP N 2 N N N Changchun High & New Technology Industry Group Inc 300300X04OTKZG18WD66 Changchun High & New Technology Industry Group, Inc N/A 2000.00000000 NS 38228.96000000 0.000163511416 Long EC CORP CN N 2 N N N Corteva Inc 549300WZN9I2QKLS0O94 Corteva, Inc 22052L104 1567163.00000000 NS USD 80176059.08000000 0.342925912454 Long EC CORP US N 1 N N N Itau Unibanco Holding SA 5493002W2IVG62O3ZJ94 Itau Unibanco Holding S.A. B037HR904 12313219.00000000 NS 66654601.86000000 0.285092463067 Long EC CORP BR N 1 N N N Xtep International Holdings Ltd 529900ZZZZBTOKZQI549 Xtep International Holdings Ltd N/A 307000.00000000 NS 282767.62000000 0.001209442634 Long EC CORP HK N 2 N N N UCB SA 2138008J191VLSGY5A09 UCB S.A. 559699905 106865.00000000 NS 8753231.32000000 0.037438979562 Long EC CORP BE N 2 N N N Fair Isaac Corp RI6HET5SJUEY30V1PS26 Fair Isaac Corp 303250104 30.00000000 NS USD 26055.90000000 0.000111445279 Long EC CORP US N 1 N N N Genting Malaysia Bhd 254900LABBWDEDUVRB07 Genting Malaysia BHD B1VXKN909 562400.00000000 NS 299024.20000000 0.001278974644 Long EC CORP MY N 2 N N N Sherwin-Williams Co/The Z15BMIOX8DDH0X2OBP21 Sherwin-Williams Co 824348106 45231.00000000 NS USD 11536166.55000000 0.049342041574 Long EC CORP US N 1 N N N Exelon Corp 3SOUA6IRML7435B56G12 Exelon Corp 30161N101 113444.00000000 NS USD 4287048.76000000 0.018336397730 Long EC CORP US N 1 N N N Japan Post Holdings Co Ltd 5299003D9N4JBS256X18 Japan Post Holdings Co Ltd N/A 345900.00000000 NS 2767248.35000000 0.011835966700 Long EC CORP JP N 2 N N N Tongling Nonferrous Metals Group Co Ltd 300300JWM4636VG5A986 Tongling Nonferrous Metals Group Co Ltd N/A 163800.00000000 NS 71656.76000000 0.000306487498 Long EC CORP CN N 2 N N N iShares MSCI South Korea ETF GR1QY1XUY5M0EJSI5J57 iShares MSCI South Korea Index Fund 464286772 61209.00000000 NS USD 3607658.46000000 0.015430536040 Long EC RF US N 1 N N Zhongji Innolight Co Ltd 655600K7YZDKAI214O83 Zhongji Innolight Co Ltd N/A 12800.00000000 NS 204336.06000000 0.000873978225 Long EC CORP CN N 2 N N N SM Prime Holdings Inc 254900SZK83MIAB8CU32 SM Prime Holdings 681884904 2243300.00000000 NS 1201360.70000000 0.005138413124 Long EC CORP PH N 2 N N N Empresas Copec SA 549300Q3IDJYG6Z7PA50 Empresas COPEC S.A. 219602901 89097.00000000 NS 631644.74000000 0.002701646243 Long EC CORP CL N 1 N N N Lear Corp 549300UPNBTXA1SYTQ33 Lear Corp 521865204 70.00000000 NS USD 9394.00000000 0.000040179650 Long EC CORP US N 1 N N N Tongkun Group Co Ltd 300300AK2H2EJWS24N19 Tongkun Group Co Ltd N/A 25400.00000000 NS 51371.84000000 0.000219725630 Long EC CORP CN N 2 N N N Abu Dhabi Commercial Bank PJSC 213800RWVKKIRX1AUH58 Abu Dhabi Commercial Bank PJSC N/A 236513.00000000 NS 556986.01000000 0.002382318835 Long EC CORP AE N 2 N N N NiSource Inc 549300D8GOWWH0SJB189 NiSource, Inc 65473P105 489.00000000 NS USD 12068.52000000 0.000051619002 Long EC CORP US N 1 N N N Land & Houses PCL 529900O7AEACUWP7KS87 Land and Houses PCL 658193909 1838700.00000000 NS 393171.40000000 0.001681657375 Long EC CORP TH N 2 N N N Gaming and Leisure Properties Inc 5493006GWRDBCZYWTM57 Gaming and Leisure Properties, Inc 36467J108 93847.00000000 NS USD 4274730.85000000 0.018283712046 Long EC CORP US N 1 N N N Sichuan Kelun Pharmaceutical Co Ltd 30030014Z0J8J835FO94 Sichuan Kelun Pharmaceutical Co Ltd N/A 353500.00000000 NS 1412259.03000000 0.006040459234 Long EC CORP CN N 2 N N N STERIS PLC N/A STERIS plc G8473T100 117.00000000 NS USD 25672.14000000 0.000109803875 Long EC CORP US N 1 N N N China Airlines Ltd 25490032B2A0G6D0JP27 China Airlines 618965909 211000.00000000 NS 138806.32000000 0.000593696977 Long EC CORP TW N 2 N N N Sasa Polyester Sanayi AS 789000PXBZOJWTDSXE13 Sasa Polyester Sanayi AS N/A 222194.00000000 NS 398544.81000000 0.001704640315 Long EC CORP TR N 2 N N N Accelink Technologies Co Ltd N/A Accelink Technologies Co Ltd N/A 13300.00000000 NS 59102.33000000 0.000252790180 Long EC CORP CN N 2 N N N Samsung SDI Co Ltd 9884002AESDO4YW87G32 Samsung SDI Co Ltd 677164907 21159.00000000 NS 7996249.72000000 0.034201247391 Long EC CORP KR N 2 N N N National Storage Affiliates Trust N/A National Storage Affiliates Trust 637870106 52173.00000000 NS USD 1655971.02000000 0.007082854651 Long EC CORP US N 1 N N N Juneyao Airlines Co Ltd N/A Juneyao Airlines Co Ltd N/A 24000.00000000 NS 47025.27000000 0.000201134650 Long EC CORP CN N 2 N N N Hygeia Healthcare Holdings Co Ltd 2549001Z9KHQTRR29237 Hygeia Healthcare Holdings Co Ltd N/A 79000.00000000 NS 442031.23000000 0.001890638734 Long EC CORP HK Y 2 N N N Paylocity Holding Corp 549300VH75FTB4DIEE07 Paylocity Holding Corp 70438V106 53.00000000 NS USD 9630.10000000 0.000041189488 Long EC CORP US N 1 N N N Shanghai Aiko Solar Energy Co Ltd 8368005F2N764UX2J366 Shanghai Aiko Solar Energy Co Ltd N/A 24080.00000000 NS 73859.37000000 0.000315908416 Long EC CORP CN N 2 N N N Angel One Ltd 3358003DRK7SFA3Q3214 Angel One Ltd N/A 120000.00000000 NS 2668182.61000000 0.011412246581 Long EC CORP IN N 2 N N N Samsung Biologics Co Ltd N/A Samsung Biologics Co Ltd N/A 5283.00000000 NS 2666788.84000000 0.011406285202 Long EC CORP KR Y 2 N N N Cathay Financial Holding Co Ltd 5299009XR1QLFAMQ3X77 Cathay Financial Holding Co Ltd 642566905 2089585.00000000 NS 2885271.95000000 0.012340772638 Long EC CORP TW N 2 N N N Sun Hung Kai Properties Ltd 529900LUMD393RD3S874 Sun Hung Kai Properties Ltd 685992000 309000.00000000 NS 3297016.33000000 0.014101869639 Long EC CORP HK N 2 N N N Franklin Resources Inc RIFQSET379FOGTEFKS80 Franklin Resources, Inc 354613101 356.00000000 NS USD 8750.48000000 0.000037427211 Long EC CORP US N 1 N N N Shenzhen Overseas Chinese Town Co Ltd N/A Shenzhen Overseas Chinese Town Co Ltd N/A 135600.00000000 NS 78925.21000000 0.000337575829 Long EC CORP CN N 2 N N N Shenzhen Energy Group Co Ltd 300300CCBNLFTQ4T2443 Shenzhen Energy Group Co Ltd N/A 28300.00000000 NS 24743.39000000 0.000105831462 Long EC CORP CN N 2 N N N Thermo Fisher Scientific Inc HCHV7422L5HDJZCRFL38 Thermo Fisher Scientific, Inc 883556102 110575.00000000 NS USD 55969747.75000000 0.239391621853 Long EC CORP US N 1 N N N Nestle SA KY37LUS27QQX7BB93L28 Nestle S.A. 712387901 602792.00000000 NS 68233640.86000000 0.291846267084 Long EC CORP CH N 2 N N N Sanofi 549300E9PC51EN656011 Sanofi-Aventis 567173901 358451.00000000 NS 38488765.28000000 0.164622645517 Long EC CORP FR N 2 N N N Indian Oil Corp Ltd 335800J8OBWE4VFUDG88 Indian Oil Corp Ltd N/A 746874.00000000 NS 816893.71000000 0.003493985911 Long EC CORP IN N 2 N N N Semen Indonesia Persero Tbk PT 2549006ADJYJS2SD8T24 PT Semen Gresik Persero Tbk 679523001 722533.00000000 NS 299965.13000000 0.001282999153 Long EC CORP ID N 2 N N N Aker BP ASA 549300NFTY73920OYK69 Aker BP ASA N/A 676678.00000000 NS 18684470.65000000 0.079916489035 Long EC CORP NO N 2 N N N Qorvo Inc 254900YAUJV2EUEVBR11 Qorvo, Inc 74736K101 117.00000000 NS USD 11169.99000000 0.000047775845 Long EC CORP US N 1 N N N China Merchants Energy Shipping Co Ltd N/A China Merchants Energy Shipping Co Ltd N/A 165600.00000000 NS 145783.23000000 0.000623538344 Long EC CORP CN N 2 N N N L3Harris Technologies Inc 549300UTE50ZMDBG8A20 L3Harris Technologies, Inc 502431109 224.00000000 NS USD 39002.88000000 0.000166821596 Long EC CORP US N 1 N N N Lundin Mining Corp 549300FQDIM6C8HTN269 Lundin Mining Corp 550372106 661359.00000000 NS 4932498.93000000 0.021097092020 Long EC CORP CA N 1 N N GAIL India Ltd 335800N82LJD42ZA5L32 GAIL India Ltd 613340900 542738.00000000 NS 811722.13000000 0.003471866231 Long EC CORP IN N 2 N N N Yuhan Corp N/A Yuhan Corp 698833902 4427.00000000 NS 248505.54000000 0.001062898202 Long EC CORP KR N 2 N N N Piotech Inc N/A Piotech, Inc N/A 2587.00000000 NS 84965.21000000 0.000363409881 Long EC CORP CN N 2 N N N Longfor Group Holdings Ltd 254900UJX27B2F1JYR13 Longfor Group Holdings Ltd N/A 435500.00000000 NS 778501.18000000 0.003329774879 Long EC CORP HK Y 2 N N N Martin Marietta Materials Inc 5299005MZ4WZECVATV08 Martin Marietta Materials, Inc 573284106 73.00000000 NS USD 29965.04000000 0.000128165300 Long EC CORP US N 1 N N N Otis Worldwide Corp 549300ZLBKR8VSU25153 Otis Worldwide Corp 68902V107 87042.00000000 NS USD 6990343.02000000 0.029898822491 Long EC CORP US N 1 N N N Mid-America Apartment Communities Inc 549300FQZKFR5YNSHZ21 Mid-America Apartment Communities, Inc 59522J103 24641.00000000 NS USD 3170064.65000000 0.013558876865 Long EC CORP US N 1 N N N General Motors Co 54930070NSV60J38I987 General Motors Co 37045V100 1646.00000000 NS USD 54268.62000000 0.000232115624 Long EC CORP US N 1 N N N Kasikornbank PCL 5493004COSQ54937AW41 Kasikornbank PCL (Foreign) 688879907 48000.00000000 NS 165801.32000000 0.000709158938 Long EC CORP TH N 2 N N N Kakaopay Corp N/A Kakaopay Corp N/A 5138.00000000 NS 154916.22000000 0.000662601613 Long EC CORP KR N 2 N N N Chinasoft International Ltd N/A Chinasoft International Ltd N/A 594000.00000000 NS 421375.03000000 0.001802288841 Long EC CORP HK N 2 N N N Agricultural Bank of China Ltd 549300E7TSGLCOVSY746 Agricultural Bank of China Ltd (Class A) N/A 470900.00000000 NS 232310.32000000 0.000993628638 Long EC CORP CN N 2 N N N Shenzhen International Holdings Ltd 5493002NKD14ZZMEJF98 Shenzhen International Holdings Ltd N/A 119985.00000000 NS 73836.31000000 0.000315809784 Long EC CORP HK N 2 N N N HDFC Life Insurance Co Ltd 335800RQI8GAFHIRGZ37 HDFC Life Insurance Co Ltd N/A 211824.00000000 NS 1622415.51000000 0.006939332333 Long EC CORP IN Y 2 N N N CosmoAM&T Co Ltd N/A CosmoAM&T Co Ltd N/A 5052.00000000 NS 556265.84000000 0.002379238552 Long EC CORP KR N 2 N N N Cintas Corp N/A Cintas Corp 172908105 108.00000000 NS USD 51949.08000000 0.000222194578 Long EC CORP US N 1 N N N Illinois Tool Works Inc 76NA4I14SZCFAYMNSV04 Illinois Tool Works, Inc 452308109 34935.00000000 NS USD 8045879.85000000 0.034413523447 Long EC CORP US N 1 N N N Wuchan Zhongda Group Co Ltd 300300PA9D9DEGG5M059 Wuchan Zhongda Group Co Ltd N/A 103100.00000000 NS 67049.36000000 0.000286780907 Long EC CORP CN N 2 N N N Bharat Electronics Ltd 335800HS8AOTM9W1F335 Bharat Electronics Ltd N/A 816153.00000000 NS 1355992.20000000 0.005799796944 Long EC CORP IN N 2 N N N Las Vegas Sands Corp 549300DUOO1KXOHPM605 Las Vegas Sands Corp 517834107 155914.00000000 NS USD 7147097.76000000 0.030569287750 Long EC CORP US N 1 N N N Vipshop Holdings Ltd 549300I9F52K06HPZX60 Vipshop Holdings Ltd (ADR) 92763W103 172646.00000000 NS USD 2764062.46000000 0.011822340135 Long EC CORP CN N 1 N N N Jointown Pharmaceutical Group Co Ltd 300300875YINDA6F8T86 Jointown Pharmaceutical Group Co Ltd N/A 11771.00000000 NS 17453.32000000 0.000074650659 Long EC CORP CN N 2 N N N Akamai Technologies Inc OC1LZNN2LF5WTJ5RIL89 Akamai Technologies, Inc 00971T101 180.00000000 NS USD 19177.20000000 0.000082023971 Long EC CORP US N 1 N N N American Financial Group Inc/OH 549300AFOM7IVKIU1G39 American Financial Group, Inc 025932104 86.00000000 NS USD 9603.62000000 0.000041076228 Long EC CORP US N 1 N N N Dialog Group Bhd N/A Dialog Group Bhd N/A 943400.00000000 NS 425158.00000000 0.001818469213 Long EC CORP MY N 2 N N N Roche Holding AG 549300U41AUUVOAAOB37 Roche Holding AG. H69293217 177387.00000000 NS 48426834.33000000 0.207129366801 Long EC CORP CH N 2 N N N Chengxin Lithium Group Co Ltd 300300LUBPEGH8SHWI63 Chengxin Lithium Group Co Ltd N/A 4500.00000000 NS 13834.04000000 0.000059170416 Long EC CORP CN N 2 N N N IDEX Corp 549300U5Y5EL6PHYLF13 IDEX Corp 45167R104 89.00000000 NS USD 18513.78000000 0.000079186417 Long EC CORP US N 1 N N N Tencent Holdings Ltd 254900N4SLUMW4XUYY11 Tencent Holdings Ltd BMMV2K903 2252200.00000000 NS 87304127.28000000 0.373413807713 Long EC CORP HK N 2 N N N Bharat Forge Ltd 3358009U5Z2BU2X3L230 Bharat Forge Ltd N/A 54520.00000000 NS 715504.28000000 0.003060326996 Long EC CORP IN N 2 N N N Danone SA 969500KMUQ2B6CBAF162 Danone F12033134 284826.00000000 NS 15710358.34000000 0.067195731874 Long EC CORP FR N 2 N N N Pan Ocean Co Ltd 988400HGOJIHDWPIAT45 Pan Ocean Co Ltd B24FX4904 21188.00000000 NS 77577.70000000 0.000331812312 Long EC CORP KR N 2 N N N First Horizon Corp TF3RXI1ZB1TQ30H9JV10 First Horizon National Corp 320517105 628.00000000 NS USD 6920.56000000 0.000029600349 Long EC CORP US N 1 N N N Garmin Ltd 2549001E0HIPIJQ0W046 Garmin Ltd H2906T109 181.00000000 NS USD 19041.20000000 0.000081442277 Long EC CORP US N 1 N N N ICICI Prudential Life Insurance Co Ltd 2138006W2MGOSH69C607 ICICI Prudential Life Insurance Co Ltd N/A 77832.00000000 NS 529701.08000000 0.002265616797 Long EC CORP IN Y 2 N N N CGN Power Co Ltd 529900D2UINCGWQYBK45 CGN Power Co Ltd N/A 970000.00000000 NS 251114.18000000 0.001074055775 Long EC CORP HK Y 2 N N N Jiangsu Phoenix Publishing & Media Corp Ltd N/A Jiangsu Phoenix Publishing & Media Corp Ltd N/A 41500.00000000 NS 59545.05000000 0.000254683765 Long EC CORP CN N 2 N N N Jubilant Foodworks Ltd 9845000D3B99893F5B14 Jubilant Foodworks Ltd N/A 81056.00000000 NS 518845.22000000 0.002219184536 Long EC CORP IN N 2 N N N Industrial Bank Co Ltd 300300C1030935001303 Industrial Bank Co Ltd N/A 105200.00000000 NS 235359.42000000 0.001006670130 Long EC CORP CN N 2 N N N Haohua Chemical Science & Technology Co Ltd N/A Haohua Chemical Science & Technology Co Ltd N/A 8800.00000000 NS 39853.23000000 0.000170458680 Long EC CORP CN N 2 N N N InterGlobe Aviation Ltd 33580079R8SLLO23XD19 InterGlobe Aviation Ltd N/A 28140.00000000 NS 805340.78000000 0.003444572170 Long EC CORP IN Y 2 N N N Cognex Corp 549300JQTYZCLC43S226 Cognex Corp 192422103 204.00000000 NS USD 8657.76000000 0.000037030633 Long EC CORP US N 1 N N N Peloton Interactive Inc 5493002YS021166W0339 Peloton Interactive, Inc 70614W100 12151.00000000 NS USD 61362.55000000 0.000262457505 Long EC CORP US N 1 N N N AES Corp/The 2NUNNB7D43COUIRE5295 AES Corp 00130H105 792.00000000 NS USD 12038.40000000 0.000051490174 Long EC CORP US N 1 N N N Rede D'Or Sao Luiz SA N/A Rede D'Or Sao Luiz S.A. N/A 91029.00000000 NS 460165.90000000 0.001968203637 Long EC CORP BR Y 1 N N N Emaar Properties PJSC 254900YWYEXYXK1BMP81 Emaar Properties PJSC N/A 1467178.00000000 NS 3210823.62000000 0.013733209542 Long EC CORP AE N 2 N N N Gjensidige Forsikring ASA 5967007LIEEXZX6FAO47 Gjensidige Forsikring ASA N/A 193752.00000000 NS 2843019.27000000 0.012160051123 Long EC CORP NO N 2 N N N Bank of Suzhou Co Ltd 300300C1115332000047 Bank of Suzhou Co Ltd N/A 73500.00000000 NS 69451.18000000 0.000297053878 Long EC CORP CN N 2 N N N Topchoice Medical Corp N/A Topchoice Medical Corp N/A 1500.00000000 NS 18189.82000000 0.000077800788 Long EC CORP CN N 2 N N N Western Securities Co Ltd 300300E1010661000039 Western Securities Co Ltd N/A 26400.00000000 NS 23942.73000000 0.000102406910 Long EC CORP CN N 2 N N N Beijing Yanjing Brewery Co Ltd N/A Beijing Yanjing Brewery Co Ltd N/A 44400.00000000 NS 61337.24000000 0.000262349250 Long EC CORP CN N 2 N N N Taiwan Mobile Co Ltd N/A Taiwan Mobile Co Ltd 629049909 147000.00000000 NS 430944.22000000 0.001843217807 Long EC CORP TW N 2 N N N QL Resources Bhd N/A QL Resources Bhd N/A 173450.00000000 NS 201701.08000000 0.000862707991 Long EC CORP MY N 2 N N N Novatek Microelectronics Corp N/A Novatek Microelectronics Corp Ltd 634633903 48000.00000000 NS 630316.85000000 0.002695966643 Long EC CORP TW N 2 N N N PTT Global Chemical PCL 5493007X3230PPPZFF40 PTT Global Chemical PCL N/A 494700.00000000 NS 466529.29000000 0.001995420881 Long EC CORP TH N 2 N N N Wuliangye Yibin Co Ltd N/A Wuliangye Yibin Co Ltd N/A 51335.00000000 NS 1106207.17000000 0.004731426157 Long EC CORP CN N 2 N N N ASE Technology Holding Co Ltd 300300GO8QHPMV87NZ73 ASE Technology Holding Co Ltd N/A 563000.00000000 NS 1921778.18000000 0.008219754668 Long EC CORP TW N 2 N N N Bristol-Myers Squibb Co HLYYNH7UQUORYSJQCN42 Bristol-Myers Squibb Co 110122108 530471.00000000 NS USD 30788536.84000000 0.131687528797 Long EC CORP US N 1 N N N Avenue Supermarts Ltd 335800B2ZPJKOU2ZM776 Avenue Supermarts Ltd N/A 34957.00000000 NS 1544020.03000000 0.006604022244 Long EC CORP IN Y 2 N N N Beijing Tiantan Biological Products Corp Ltd N/A Beijing Tiantan Biological Products Corp Ltd N/A 8000.00000000 NS 28112.38000000 0.000120241175 Long EC CORP CN N 2 N N N Datadog Inc 549300F6JNO0KRPO1K63 Datadog, Inc 23804L103 551130.00000000 NS USD 50202431.70000000 0.214723882611 Long EC CORP US N 1 N N N Jiangsu Hengli Hydraulic Co Ltd N/A Jiangsu Hengli Hydraulic Co Ltd N/A 16804.00000000 NS 147375.28000000 0.000630347798 Long EC CORP CN N 2 N N N Petronas Chemicals Group Bhd N/A Petronas Chemicals Group Bhd N/A 607600.00000000 NS 928681.45000000 0.003972120072 Long EC CORP MY N 2 N N N Let's GOWEX SA N/A Let's GOWEX S.A. N/A 108528.00000000 NS 1147.41000000 0.000004907657 Long EC CORP ES N 3 N N Mineral Resources Ltd 5299007V1ACKFFX2P066 Mineral Resources Ltd N/A 293592.00000000 NS 12607350.50000000 0.053923667781 Long EC CORP AU N 2 N N N Bloomage Biotechnology Corp Ltd 3003000JYMDZWD0IUE82 Bloomage Biotechnology Corp Ltd N/A 1770.00000000 NS 21115.77000000 0.000090315547 Long EC CORP CN N 2 N N N ANZ Group Holdings Ltd 9845005D9C6BAA10BK72 Australia & New Zealand Banking Group Ltd Q09504137 1950500.00000000 NS 31991446.30000000 0.136832566218 Long EC CORP AU N 2 N N N Invincible Investment Corp 353800JY6M2692VAV685 Invincible Investment Corp N/A 8.00000000 NS 3304.22000000 0.000014132680 Long EC CORP JP N 2 N N Seven & i Holdings Co Ltd 52990037G8JRM3TWGY86 Seven & I Holdings Co Ltd J7165H108 102000.00000000 NS 3993318.36000000 0.017080065521 Long EC CORP JP N 2 N N N Confluent Inc 254900MRZ83YWUV7SN74 Confluent, Inc 20717M103 194.00000000 NS USD 5744.34000000 0.000024569466 Long EC CORP US N 1 N N N Eneva SA 549300T1AP7HKCABII19 Eneva S.A. N/A 176700.00000000 NS 423949.23000000 0.001813299109 Long EC CORP BR N 1 N N N Ningbo Deye Technology Co Ltd N/A Ningbo Deye Technology Co Ltd N/A 4860.00000000 NS 51618.10000000 0.000220778923 Long EC CORP CN N 2 N N N Saudi Aramco Base Oil Co N/A Saudi Aramco Base Oil Co N/A 11393.00000000 NS 452063.84000000 0.001933549822 Long EC CORP SA N 2 N N N Hanon Systems 5493004WIDNO4WOEYG91 Hanon Systems N/A 34770.00000000 NS 242435.40000000 0.001036935236 Long EC CORP KR N 2 N N N Huaneng Power International Inc 529900WU0SMVKMPG4V21 Huaneng Power International, Inc - A N/A 44300.00000000 NS 47732.56000000 0.000204159843 Long EC CORP CN N 2 N N N Advantech Co Ltd 2549002OSTKE9HB9IY03 Advantech Co Ltd 620267906 36725.00000000 NS 393237.22000000 0.001681938898 Long EC CORP TW N 2 N N N Bank of Montreal NQQ6HPCNCCU6TUTQYE16 Bank of Montreal 063671101 434231.00000000 NS 36631097.35000000 0.156677100709 Long EC CORP CA N 1 N N N Aflac Inc 549300N0B7DOGLXWPP39 Aflac, Inc 001055102 31431.00000000 NS USD 2412329.25000000 0.010317920569 Long EC CORP US N 1 N N N AVICOPTER PLC N/A AVICOPTER plc N/A 5600.00000000 NS 29068.50000000 0.000124330654 Long EC CORP CN N 2 N N N BTS Group Holdings PCL N/A BTS Group Holdings PCL N/A 1431290.00000000 NS 294117.45000000 0.001257987684 Long EC CORP TH N 2 N N N Fidelity National Information Services Inc 6WQI0GK1PRFVBA061U48 Fidelity National Information Services, Inc 31620M106 701.00000000 NS USD 38744.27000000 0.000165715480 Long EC CORP US N 1 N N N Great Wall Motor Co Ltd 254900CR8AHWTMFZHH60 Great Wall Motor Co Ltd N/A 509000.00000000 NS 603575.81000000 0.002581590910 Long EC CORP HK N 2 N N Boston Properties Inc 549300OF70FSEUQBT254 Boston Properties, Inc 101121101 23661.00000000 NS USD 1407356.28000000 0.006019489383 Long EC CORP US N 1 N N N BASF SE 529900PM64WH8AF1E917 BASF SE D06216317 147850.00000000 NS 6692422.09000000 0.028624566710 Long EC CORP DE N 2 N N N Willis Towers Watson PLC 549300WHC56FF48KL350 Willis Towers Watson plc G96629103 126.00000000 NS USD 26328.96000000 0.000112613200 Long EC CORP US N 1 N N N Equity Residential 5493008RACSH5EP3PI59 Equity Residential 29476L107 97099.00000000 NS USD 5700682.29000000 0.024382735923 Long EC CORP US N 1 N N N Shizuoka Financial Group Inc 353800MNO5C8V2SHGA81 Shizuoka Financial Group, Inc N/A 91500.00000000 NS 745677.12000000 0.003189381090 Long EC CORP JP N 2 N N N Fifth Third Bancorp THRNG6BD57P9QWTQLG42 Fifth Third Bancorp 316773100 1093832.00000000 NS USD 27706764.56000000 0.118506292613 Long EC CORP US N 1 N N N SK Inc 988400GMME8AOAFMDK34 SK, Inc N/A 8091.00000000 NS 874853.82000000 0.003741890633 Long EC CORP KR N 2 N N N Westlake Corp GOXNEVUM0LL78B1OS344 Westlake Chemical Corp 960413102 101524.00000000 NS USD 12656997.08000000 0.054136014196 Long EC CORP US N 1 N N N Xinjiang Daqo New Energy Co Ltd N/A Xinjiang Daqo New Energy Co Ltd N/A 20892.00000000 NS 115798.49000000 0.000495288784 Long EC CORP CN N 2 N N N Verbund AG 5299006UDSEJCTTEJS30 Verbund AG. 466160009 11949.00000000 NS 972070.69000000 0.004157702837 Long EC CORP AT N 2 N N N Orient Overseas International Ltd 529900DQ426GJO276W95 Orient Overseas International Ltd 665911905 30000.00000000 NS 399580.74000000 0.001709071154 Long EC CORP HK N 2 N N N BorgWarner Inc 549300DSFX2IE88NSX47 BorgWarner, Inc 099724106 277.00000000 NS USD 11182.49000000 0.000047829310 Long EC CORP US N 1 N N N WEC Energy Group Inc 549300IGLYTZUK3PVP70 WEC Energy Group, Inc 92939U106 373.00000000 NS USD 30045.15000000 0.000128507943 Long EC CORP US N 1 N N N Kimberly-Clark de Mexico SAB de CV 549300JGHL56QT00KT54 Kimberly-Clark de Mexico S.A. de C.V. (Class A) 249191008 322100.00000000 NS 641335.25000000 0.002743094114 Long EC CORP MX N 1 N N N Zimmer Biomet Holdings Inc 2P2YLDVPES3BXQ1FRB91 Zimmer Biomet Holdings, Inc 98956P102 148744.00000000 NS USD 16692051.68000000 0.071394592335 Long EC CORP US N 1 N N N Synopsys Inc QG7T915N9S0NY5UKNE63 Synopsys, Inc 871607107 174647.00000000 NS USD 80157733.59000000 0.342847531383 Long EC CORP US N 1 N N N PointsBet Holdings Ltd N/A PointsBet Holdings Ltd N/A 129948.00000000 NS 835.50000000 0.000003573568 Long DE CORP AU N 2 N/A N/A Call Purchased POINTSBET HOLDINGS LTD POINTSBET HOLDINGS LTD 1.00000000 10.00000000 AUD 2024-07-08 XXXX 835.50000000 N N Budimex SA 25940093SDJZW2C1V355 Budimex S.A. N/A 2809.00000000 NS 278697.36000000 0.001192033476 Long EC CORP PL N 2 N N N Japan Tobacco Inc 353800Z0ENYBQO0XRJ31 Japan Tobacco, Inc 647453901 206040.00000000 NS 4740576.26000000 0.020276207862 Long EC CORP JP N 2 N N N GigaDevice Semiconductor Inc N/A GigaDevice Semiconductor, Inc N/A 8872.00000000 NS 120081.55000000 0.000513608121 Long EC CORP CN N 2 N N N Associated British Foods PLC GBQKSY6W7G0OHCQ8OQ72 Associated British Foods plc G05600138 138096.00000000 NS 3469499.81000000 0.014839609251 Long EC CORP GB N 2 N N N HEICO Corp 529900O1DTDLCJ7L0I14 HEICO Corp (Class A) 422806208 88.00000000 NS USD 11371.36000000 0.000048637137 Long EC CORP US N 1 N N N State Street Corp 549300ZFEEJ2IP5VME73 State Street Corp 857477103 396.00000000 NS USD 26516.16000000 0.000113413885 Long EC CORP US N 1 N N N Zhejiang Expressway Co Ltd 213800X1ZRKM85U9H438 Zhejiang Expressway Co Ltd 699076907 126000.00000000 NS 93755.96000000 0.000401009334 Long EC CORP HK N 2 N N Zhejiang Jingsheng Mechanical & Electrical Co Ltd N/A Zhejiang Jingsheng Mechanical & Electrical Co Ltd N/A 16000.00000000 NS 104686.73000000 0.000447761998 Long EC CORP CN N 2 N N N Fosun International Ltd 213800Z99WQEXDF82F09 Fosun International B1Z7FX906 630500.00000000 NS 396909.17000000 0.001697644419 Long EC CORP HK N 2 N N N Tata Motors Ltd 335800BO2LHWJJ8TZI32 Tata Motors Ltd N/A 361375.00000000 NS 2733405.31000000 0.011691214569 Long EC CORP IN N 2 N N N Anker Innovations Technology Co Ltd N/A Anker Innovations Technology Co Ltd N/A 4900.00000000 NS 62920.03000000 0.000269119097 Long EC CORP CN N 2 N N N Country Garden Holdings Co Ltd 549300MGHLPT1EFHGF84 Country Garden Holdings Co Ltd B1VKYN902 2781000.00000000 NS 320653.73000000 0.001371487626 Long EC CORP HK N 2 N N Coinbase Global Inc 5493004G3J2SC154DU06 Coinbase Global, Inc 19260Q107 199.00000000 NS USD 14940.92000000 0.000063904720 Long EC CORP US N 1 N N N Industrial Bank of Korea 988400RBIWE3YA18PK12 Industrial Bank of Korea 646297903 21817.00000000 NS 181032.94000000 0.000774307029 Long EC NUSS KR N 2 N N N Hesteel Co Ltd 300300AZISPESC4OA235 Hesteel Co Ltd N/A 209900.00000000 NS 65350.44000000 0.000279514352 Long EC CORP CN N 2 N N N Alibaba Group Holding Ltd 5493001NTNQJDH60PM02 Alibaba Group Holding Ltd N/A 3785772.00000000 NS 41046028.97000000 0.175560474020 Long EC CORP HK N 2 N N N Sieyuan Electric Co Ltd N/A Sieyuan Electric Co Ltd N/A 11000.00000000 NS 77975.32000000 0.000333512997 Long EC CORP CN N 2 N N N OUTsurance Group Ltd N/A OUTsurance Group Ltd N/A 173339.00000000 NS 391468.97000000 0.001674375808 Long EC CORP ZA N 2 N N N Far Eastern New Century Corp 254900CDLU5OS06M6K24 Far Eastern Textile Co Ltd 633147905 674000.00000000 NS 601110.99000000 0.002571048478 Long EC CORP TW N 2 N N N Shanghai Moons' Electric Co Ltd N/A Shanghai Moons' Electric Co Ltd N/A 6100.00000000 NS 57888.39000000 0.000247597963 Long EC CORP CN N 2 N N N Pioneer Natural Resources Co FY8JBF7CCL2VE4F1B628 Pioneer Natural Resources Co 723787107 140675.00000000 NS USD 32291946.25000000 0.138117852882 Long EC CORP US N 1 N N N Linde PLC 5299003QR1WT0EF88V51 Linde plc G54950103 170639.00000000 NS USD 63537431.65000000 0.271759824236 Long EC CORP US N 1 N N N DaVita Inc M2XHYMU3TZNEZURC6H66 DaVita, Inc 23918K108 64.00000000 NS USD 6049.92000000 0.000025876481 Long EC CORP US N 1 N N N Daiwa House REIT Investment Corp 3538001FWU534P8JMO05 Daiwa House REIT Investment Corp N/A 348.00000000 NS 613992.44000000 0.002626144514 Long EC CORP JP N 2 N N N International Flavors & Fragrances Inc BZLRL03D3GPGMOGFO832 International Flavors & Fragrances, Inc 459506101 302.00000000 NS USD 20587.34000000 0.000088055367 Long EC CORP US N 1 N N N QBE Insurance Group Ltd 549300D2FBW76FPUSG65 QBE Insurance Group Ltd Q78063114 322581.00000000 NS 3231371.52000000 0.013821096218 Long EC CORP AU N 2 N N N mBank SA 259400DZXF7UJKK2AY35 BRE Bank S.A. 414305904 1173.00000000 NS 105718.15000000 0.000452173547 Long EC CORP PL N 2 N N N Zurich Insurance Group AG 529900QVNRBND50TXP03 Zurich Insurance Group AG H9870Y105 71414.00000000 NS 32675859.82000000 0.139759913028 Long EC CORP CH N 2 N N N Ping An Insurance Group Co of China Ltd 529900M9MC28JLN35U89 Ping An Insurance Group Co of China Ltd B01FLR903 5092203.00000000 NS 28881169.37000000 0.123529411056 Long EC CORP HK N 2 N N N Hankook Tire & Technology Co Ltd 9884001BIEVM09M7AH02 Hankook Tire & Technology Co Ltd N/A 14935.00000000 NS 436864.13000000 0.001868538215 Long EC CORP KR N 2 N N N Alphabet Inc 5493006MHB84DD0ZWV18 Alphabet, Inc 02079K107 1977114.00000000 NS USD 260682480.90000000 1.114980938815 Long EC CORP US N 1 N N N Evolution AB 549300SUH6ZR1RF6TA88 Evolution AB N/A 126224.00000000 NS 12737167.09000000 0.054478914236 Long EC CORP SE Y 2 N N N Arthur J Gallagher & Co 54930049QLLMPART6V29 Gallagher (Arthur J.) & Co 363576109 254.00000000 NS USD 57894.22000000 0.000247622899 Long EC CORP US N 1 N N N Kenedix Office Investment Corp 353800FFT483NCIHFY42 Kenedix Realty Investment Corp B0C5Q5906 142.00000000 NS 328397.31000000 0.001404608164 Long EC CORP JP N 2 N N N Shaanxi Coal Industry Co Ltd N/A Shaanxi Coal Industry Co Ltd N/A 167800.00000000 NS 425308.54000000 0.001819113097 Long EC CORP CN N 2 N N N Crown Castle Inc 54930012H97VSM0I2R19 Crown Castle, Inc 22822V101 179761.00000000 NS USD 16543404.83000000 0.070758805827 Long EC CORP US N 1 N N N Saudi Investment Bank/The 558600V3J4M5TUY9HR70 Saudi Investment Bank N/A 35266.00000000 NS 148651.89000000 0.000635808065 Long EC CORP SA N 2 N N N Vinda International Holdings Ltd 529900NPG649VG0P5U39 Vinda International Holdings Ltd B1Z764900 88000.00000000 NS 210819.03000000 0.000901706931 Long EC CORP HK N 2 N N N Netflix Inc 549300Y7VHGU0I7CE873 NetFlix, Inc 64110L106 201754.00000000 NS USD 76182310.40000000 0.325844006385 Long EC CORP US N 1 N N N Yunnan Baiyao Group Co Ltd N/A Yunnan Baiyao Group Co Ltd N/A 8900.00000000 NS 65083.26000000 0.000278371580 Long EC CORP CN N 2 N N N SSE PLC 549300KI75VYLLMSK856 Scottish & Southern Energy plc G8842P102 198898.00000000 NS 3897670.11000000 0.016670962557 Long EC CORP GB N 2 N N N Zhejiang Century Huatong Group Co Ltd N/A Zhejiang Century Huatong Group Co Ltd N/A 113120.00000000 NS 74803.65000000 0.000319947253 Long EC CORP CN N 2 N N N Shandong Weigao Group Medical Polymer Co Ltd 5299005WQUU15JQU8S60 Shandong Weigao Group Medical Polymer Co Ltd N/A 598400.00000000 NS 524382.77000000 0.002242869529 Long EC CORP HK N 2 N N N Apeloa Pharmaceutical Co Ltd N/A Apeloa Pharmaceutical Co Ltd N/A 8400.00000000 NS 20719.80000000 0.000088621920 Long EC CORP CN N 2 N N N T&D Holdings Inc 3538008ARJ1MACEWA242 T&D Holdings, Inc 674429907 118000.00000000 NS 1940509.85000000 0.008299873036 Long EC CORP JP N 2 N N N National Bank of Canada BSGEFEIOM18Y80CKCV46 National Bank of Canada 633067103 73740.00000000 NS 4898627.06000000 0.020952216579 Long EC CORP CA N 1 N N N BOC International China Co Ltd 3003007E9G154XL2PS13 BOC International China Co Ltd N/A 14900.00000000 NS 23374.90000000 0.000099978210 Long EC CORP CN N 2 N N N People's Insurance Co Group of China Ltd/The 3003000P2JHYHQ524P66 People's Insurance Co Group of China Ltd N/A 2277000.00000000 NS 814559.72000000 0.003484003060 Long EC CORP HK N 2 N N N BP PLC 213800LH1BZH3DI6G760 BP plc 079805909 7628340.00000000 NS 49171778.63000000 0.210315613503 Long EC CORP GB N 2 N N N Bank Rakyat Indonesia Persero Tbk PT 254900HB6S4B12GBNP64 Bank Rakyat Indonesia 670909902 78113593.00000000 NS 26381520.59000000 0.112838010798 Long EC CORP ID N 2 N N N Toast Inc 549300TN1PZNLCD4I551 Toast, Inc 888787108 366.00000000 NS USD 6855.18000000 0.000029320708 Long EC CORP US N 1 N N N Zhejiang Dingli Machinery Co Ltd N/A Zhejiang Dingli Machinery Co Ltd N/A 7760.00000000 NS 56145.10000000 0.000240141631 Long EC CORP CN N 2 N N N iShares MSCI Canada ETF 549300DXCD53F4JK3H45 iShares MSCI Canada Index Fund 464286509 256422.00000000 NS USD 8579880.12000000 0.036697528572 Long EC RF US N 1 N N N China Minsheng Banking Corp Ltd 549300HBUGSQD1VCXG94 China Minsheng Banking Corp Ltd - H N/A 2383300.00000000 NS 814145.77000000 0.003482232529 Long EC CORP HK N 2 N N N Hangzhou First Applied Material Co Ltd 8368001FT238FD11Z218 Hangzhou First Applied Material Co Ltd N/A 19510.00000000 NS 76761.41000000 0.000328320908 Long EC CORP CN N 2 N N N Hengdian Group DMEGC Magnetics Co Ltd 655600E3R8NAYSJHBN36 Hengdian Group DMEGC Magnetics Co Ltd N/A 22100.00000000 NS 49505.60000000 0.000211743421 Long EC CORP CN N 2 N N N American Tower Corp 5493006ORUSIL88JOE18 American Tower Corp 03027X100 85871.00000000 NS USD 14121485.95000000 0.060399868865 Long EC CORP US N 1 N N N Beijing United Information Technology Co Ltd 836800DCWW5IYKEAGS46 Beijing United Information Technology Co Ltd N/A 6300.00000000 NS 28721.92000000 0.000122848275 Long EC CORP CN N 2 N N N Alexandria Real Estate Equities Inc MGCJBT4MKTQBVLNUIS88 Alexandria Real Estate Equities, Inc 015271109 63579.00000000 NS USD 6364257.90000000 0.027220955638 Long EC CORP US N 1 N N N HP Inc WHKXQACZ14C5XRO8LW03 HP, Inc 40434L105 1051.00000000 NS USD 27010.70000000 0.000115529112 Long EC CORP US N 1 N N N Coca-Cola Femsa SAB de CV 5493008KEVFYPMGTXO33 Coca-Cola Femsa SAB de C.V. N/A 114465.00000000 NS 898380.30000000 0.003842517175 Long EC CORP MX N 1 N N N PRIO SA/Brazil N/A Petro Rio S.A. N/A 2218200.00000000 NS 20758597.45000000 0.088787863278 Long EC CORP BR N 1 N N N Gree Electric Appliances Inc of Zhuhai 655600UY069MU9JRAN62 Gree Electric Appliances, Inc of Zhuhai N/A 44800.00000000 NS 223506.72000000 0.000955974224 Long EC CORP CN N 2 N N N Inspur Electronic Information Industry Co Ltd 3003002K6ZLEBRGRI729 Inspur Electronic Information Industry Co Ltd N/A 8800.00000000 NS 45312.94000000 0.000193810739 Long EC CORP CN N 2 N N N Cemex SAB de CV 549300RIG2CXWN6IV731 Cemex S.A. de C.V. P2253T133 3300594.00000000 NS 2153364.15000000 0.009210285145 Long EC CORP MX N 1 N N N Wens Foodstuffs Group Co Ltd 3003005O7DXT61IXLJ96 Wens Foodstuffs Group Co Ltd N/A 88375.00000000 NS 210754.67000000 0.000901431653 Long EC CORP CN N 2 N N N Jiangxi Special Electric Motor Co Ltd 300300WSYPJBOP68R712 Jiangxi Special Electric Motor Co Ltd N/A 12500.00000000 NS 15248.75000000 0.000065221358 Long EC CORP CN N 2 N N N Bank of the Philippine Islands 549300UW4UH6XT2X8C50 Bank of the Philippine Islands 607496908 164624.00000000 NS 325564.82000000 0.001392493148 Long EC CORP PH N 2 N N N Yihai Kerry Arawana Holdings Co Ltd 300300X430IHXIYTGZ12 Yihai Kerry Arawana Holdings Co Ltd N/A 16200.00000000 NS 76537.08000000 0.000327361413 Long EC CORP CN N 2 N N N Agnico Eagle Mines Ltd YGE0EUBRF7IJOB3QRX76 Agnico-Eagle Mines Ltd 008474108 197969.00000000 NS 8995874.60000000 0.038476803935 Long EC CORP CA N 1 N N N EOG Resources Inc XWTZDRYZPBUHIQBKDB46 EOG Resources, Inc 26875P101 228578.00000000 NS USD 28974547.28000000 0.123928803410 Long EC CORP US N 1 N N N Jiangsu Yuyue Medical Equipment & Supply Co Ltd 8368009VDA1C3G87FP95 Jiangsu Yuyue Medical Equipment & Supply Co Ltd N/A 5200.00000000 NS 24532.78000000 0.000104930649 Long EC CORP CN N 2 N N N China Minsheng Banking Corp Ltd 549300HBUGSQD1VCXG94 China Minsheng Banking Corp Ltd - A N/A 192400.00000000 NS 101178.34000000 0.000432756049 Long EC CORP CN N 2 N N N Ceridian HCM Holding Inc 549300T64GVCHFJ8L449 Ceridian HCM Holding, Inc 15677J108 174.00000000 NS USD 11805.90000000 0.000050495734 Long EC CORP US N 1 N N N Elevance Health Inc 8MYN82XMYQH89CTMTH67 Elevance Health, Inc 036752103 69367.00000000 NS USD 30203779.14000000 0.129186425973 Long EC CORP US N 1 N N N Qi An Xin Technology Group Inc N/A Qi An Xin Technology Group, Inc N/A 8261.00000000 NS 58232.31000000 0.000249068964 Long EC CORP CN N 2 N N N Tokyo Century Corp 35380096ZLHOF84DXR74 Century Leasing System, Inc 667979900 9400.00000000 NS 374689.42000000 0.001602606971 Long EC CORP JP N 2 N N N APA Corp 549300VCIWLRHYVSHC79 APA Corp 03743Q108 365.00000000 NS USD 15001.50000000 0.000064163830 Long EC CORP US N 1 N N N Barito Pacific Tbk PT 254900CLXCIVO1KCF078 Barito Pacific Tbk PT N/A 5904297.00000000 NS 496363.84000000 0.002123028054 Long EC CORP ID N 2 N N N Sun Communities Inc 549300H5GEOJYN41ZG57 Sun Communities, Inc 866674104 75516.00000000 NS USD 8936563.44000000 0.038223120555 Long EC CORP US N 1 N N N Yes Bank Ltd 335800X6WKDDXJUSFZ86 Yes Bank Ltd N/A 1005016.00000000 NS 208459.61000000 0.000891615312 Long EC CORP IN N 2 N N N Cia Sud Americana de Vapores SA 549300F26ZOE5LM26551 Cia Sud Americana de Vapores S.A. 219633906 3151319.00000000 NS 189011.76000000 0.000808433727 Long EC CORP CL N 1 N N N Lingyi iTech Guangdong Co 300300NKC44D46I52N38 Lingyi iTech Guangdong Co N/A 103700.00000000 NS 81271.35000000 0.000347610648 Long EC CORP CN N 2 N N N Saudi Arabian Oil Co 5586006WD91QHB7J4X50 Saudi Arabian Oil Co N/A 598579.00000000 NS 5576414.28000000 0.023851221638 Long EC CORP SA Y 2 N N N Anhui Conch Cement Co Ltd 300300JVKW56SSAEQZ33 Anhui Conch Cement Co Ltd (Class A) N/A 20000.00000000 NS 71589.99000000 0.000306201912 Long EC CORP CN N 2 N N N Shanghai Putailai New Energy Technology Co Ltd N/A Shanghai Putailai New Energy Technology Co Ltd N/A 25036.00000000 NS 100573.36000000 0.000430168452 Long EC CORP CN N 2 N N N CJ CheilJedang Corp 9884008938PK154I3A92 CJ CheilJedang Corp B2492F907 1735.00000000 NS 393849.02000000 0.001684555665 Long EC CORP KR N 2 N N N Beijing Kingsoft Office Software Inc N/A Beijing Kingsoft Office Software, Inc N/A 6302.00000000 NS 320927.43000000 0.001372658285 Long EC CORP CN N 2 N N N Fuyao Glass Industry Group Co Ltd 549300AS5CSLWETN0P64 Fuyao Glass Industry Group Co Ltd - H N/A 137000.00000000 NS 626679.32000000 0.002680408342 Long EC CORP HK Y 2 N N N Asia - Potash International Investment Guangzhou Co Ltd N/A Asia-Potash International Investment Guangzhou Co Ltd N/A 14800.00000000 NS 57027.18000000 0.000243914429 Long EC CORP CN N 2 N N N Haitong Securities Co Ltd 300300E1003931000068 Haitong Securities Co Ltd N/A 263600.00000000 NS 157601.22000000 0.000674085790 Long EC CORP HK N 2 N N N Argenx SE 7245009C5FZE6G9ODQ71 Argenx SE N0610Q109 18995.00000000 NS 9285272.31000000 0.039714604531 Long EC CORP BE N 2 N N N Altimmune Inc 549300EOYCQ8SW3NVE64 Altimmune, Inc 02155H200 1257543.00000000 NS USD 3269611.80000000 0.013984656052 Long EC CORP US N 1 N N Derwent London PLC 213800BXKQ9KZNUR1M61 Derwent London plc N/A 40844.00000000 NS 957598.14000000 0.004095801411 Long EC CORP GB N 2 N N N FirstRand Ltd 529900XYOP8CUZU7R671 FirstRand Ltd 660699901 722033.00000000 NS 2431388.31000000 0.010399439237 Long EC CORP ZA N 2 N N N Godrej Properties Ltd 335800KM3Y5NZWXOE183 Godrej Properties Ltd N/A 26173.00000000 NS 488407.73000000 0.002088998491 Long EC CORP IN N 2 N N N Brookfield Corp C6J3FGIWG6MBDGTE8F80 Brookfield Corp N/A 61268.00000000 NS 1915738.60000000 0.008193922412 Long EC CORP CA N 1 N N Novo Nordisk A/S 549300DAQ1CVT6CXN342 Novo Nordisk A.S. K72807132 2342386.00000000 NS 213277012.39000000 0.912220118058 Long EC CORP DK N 2 N N N Weichai Power Co Ltd 529900OKTPKBG85F9502 Weichai Power Co Ltd (Class A) N/A 33600.00000000 NS 57685.48000000 0.000246730084 Long EC CORP CN N 2 N N N Hangzhou Silan Microelectronics Co Ltd 300300A6XLSTHVDNCV85 Hangzhou Silan Microelectronics Co Ltd N/A 18600.00000000 NS 62173.91000000 0.000265927822 Long EC CORP CN N 2 N N N Jabil Inc 5493000CGCQY2OQU7669 Jabil Inc 466313103 155.00000000 NS USD 19667.95000000 0.000084122988 Long EC CORP US N 1 N N N Anhui Yingjia Distillery Co Ltd 3003001NVFR21G6ZPB16 Anhui Yingjia Distillery Co Ltd N/A 9800.00000000 NS 99149.00000000 0.000424076235 Long EC CORP CN N 2 N N N Taiwan Business Bank 254900930YMK9AXL9O17 Taiwan Business Bank N/A 467968.00000000 NS 191522.26000000 0.000819171539 Long EC CORP TW N 2 N N N TongFu Microelectronics Co Ltd 655600LP4PHNNE8FAX71 TongFu Microelectronics Co Ltd N/A 23100.00000000 NS 60830.82000000 0.000260183210 Long EC CORP CN N 2 N N N JD Logistics Inc 655600LWTFVMV3E2A890 JD Logistics, Inc N/A 450100.00000000 NS 569145.34000000 0.002434326247 Long EC CORP HK Y 2 N N N Saudi Arabian Mining Co N/A Saudi Arabian Mining Co N/A 275357.00000000 NS 2964420.29000000 0.012679302830 Long EC CORP SA N 2 N N N IHH Healthcare Bhd N/A IHH Healthcare Bhd N/A 170900.00000000 NS 212361.34000000 0.000908303639 Long EC CORP MY N 2 N N N Accor SA 969500QZC2Q0TK11NV07 Accor S.A. F00189120 339411.00000000 NS 11415887.04000000 0.048827586745 Long EC CORP FR N 2 N N N First Financial Holding Co Ltd 529900BC1U046Q2GUZ64 First Financial Holding Co Ltd 658011903 886715.00000000 NS 729682.05000000 0.003120967601 Long EC CORP TW N 2 N N N Hongkong Land Holdings Ltd 213800XCHYNRPAYGXW28 Hongkong Land Holdings Ltd N/A 510400.00000000 NS USD 1820242.07000000 0.007785468379 Long EC CORP SG N 2 N N N Shanghai Friendess Electronic Technology Corp Ltd 549300YYZ76IVQGGBM98 Shanghai Friendess Electronic Technology Corp Ltd N/A 1482.00000000 NS 50601.51000000 0.000216430804 Long EC CORP CN N 2 N N N Kuaishou Technology 300300FCDZBE6UP9ED24 Kuaishou Technology N/A 427000.00000000 NS 3397087.39000000 0.014529889673 Long EC CORP HK Y 2 N N N Almarai Co JSC 549300B4EDUXYD2G6098 Almarai Co JSC N/A 55648.00000000 NS 944198.68000000 0.004038489763 Long EC CORP SA N 2 N N N Kerry Group PLC 635400TLVVBNXLFHWC59 Kerry Group plc (Class A) G52416107 15168.00000000 NS 1267353.52000000 0.005420675039 Long EC CORP IE N 2 N N N Eisai Co Ltd 353800HDEE0ZYEX4QV91 Eisai Co Ltd J12852117 121000.00000000 NS 6706274.28000000 0.028683814757 Long EC CORP JP N 2 N N N China Three Gorges Renewables Group Co Ltd 300300C9638DU18HFK27 China Three Gorges Renewables Group Co Ltd N/A 381700.00000000 NS 250208.86000000 0.001070183576 Long EC CORP CN N 2 N N N Sumitomo Mitsui Trust Holdings Inc 353800P843RLCDBLNT17 Sumitomo Mitsui Trust Holdings, Inc J6150N104 74200.00000000 NS 2793409.31000000 0.011947861337 Long EC CORP JP N 2 N N N Exact Sciences Corp 549300VM3X1FYD4N9Z14 Exact Sciences Corp 30063P105 88619.00000000 NS USD 6045588.18000000 0.025857953942 Long EC CORP US N 1 N N N Foxconn Industrial Internet Co Ltd N/A Foxconn Industrial Internet Co Ltd N/A 1064928.00000000 NS 2888019.04000000 0.012352522384 Long EC CORP CN N 2 N N N Zhejiang Zheneng Electric Power Co Ltd 3003007BB94AW2PBWC09 Zhejiang Zheneng Electric Power Co Ltd N/A 237500.00000000 NS 138193.88000000 0.000591077472 Long EC CORP CN N 2 N N N Adani Ports & Special Economic Zone Ltd 335800QOAXP5TM7OYP69 Adani Ports & Special Economic Zone Ltd N/A 111698.00000000 NS 1107114.50000000 0.004735306953 Long EC CORP IN N 2 N N N NRG Energy Inc 5E2UPK5SW04M13XY7I38 NRG Energy, Inc 629377508 63568.00000000 NS USD 2448639.36000000 0.010473224756 Long EC CORP US N 1 N N N Bancolombia SA 54930052NWJRPNMP1W58 BanColombia S.A. (Preference) N/A 37411.00000000 NS 248303.30000000 0.001062033189 Long EC CORP CO N 1 N N N Walvax Biotechnology Co Ltd 300300H82R2DIQXA8N24 Walvax Biotechnology Co Ltd N/A 5800.00000000 NS 18712.70000000 0.000080037230 Long EC CORP CN N 2 N N N Corning Inc 549300X2937PB0CJ7I56 Corning, Inc 219350105 956.00000000 NS USD 29129.32000000 0.000124590791 Long EC CORP US N 1 N N N ONEOK Inc 2T3D6M0JSY48PSZI1Q41 ONEOK, Inc 682680103 7168.00000000 NS USD 454666.24000000 0.001944680706 Long EC CORP US N 1 N N N Kuala Lumpur Kepong Bhd 2549009JSTRFMR7A8D34 Kuala Lumpur Kepong BHD 649744000 102030.00000000 NS 464467.09000000 0.001986600519 Long EC CORP MY N 2 N N N Pegatron Corp 529900M87JQS8TUO0L66 Pegatron Corp N/A 164000.00000000 NS 389347.03000000 0.001665299929 Long EC CORP TW N 2 N N N Marico Ltd 3358003SFDQFGJPC5O84 Marico Ltd N/A 113145.00000000 NS 763861.83000000 0.003267160023 Long EC CORP IN N 2 N N N Postal Savings Bank of China Co Ltd 300300C1040311005298 Postal Savings Bank of China Co Ltd - A N/A 161100.00000000 NS 110001.28000000 0.000470493183 Long EC CORP CN N 2 N N N Celltrion Pharm Inc N/A Celltrion Pharm Inc N/A 1253.00000000 NS 62028.67000000 0.000265306607 Long EC CORP KR N 2 N N N Amgen Inc 62QBXGPJ34PQ72Z12S66 Amgen, Inc 031162100 133583.00000000 NS USD 35901767.08000000 0.153557637727 Long EC CORP US N 1 N N N Engie SA LAXUQCHT4FH58LRZDY46 Engie S.A. B0C2CQ902 1127337.00000000 NS 17289018.30000000 0.073947914676 Long EC CORP FR N 2 N N N LPP SA 259400NUS7MKGPJL4752 LPP S.A. N/A 234.00000000 NS 694504.06000000 0.002970505674 Long EC CORP PL N 2 N N N AT&T Inc 549300Z40J86GGSTL398 AT&T, Inc 00206R102 1910737.00000000 NS USD 28699269.74000000 0.122751397054 Long EC CORP US N 1 N N N Jiangsu King's Luck Brewery JSC Ltd N/A Jiangsu King's Luck Brewery JSC Ltd N/A 16400.00000000 NS 132225.12000000 0.000565548125 Long EC CORP CN N 2 N N N Sensata Technologies Holding PLC 529900MS7KFYCY9MS037 Sensata Technologies Holding plc G8060N102 181.00000000 NS USD 6845.42000000 0.000029278963 Long EC CORP US N 1 N N N Zomato Ltd 335800T4VOF9ETHF8W59 Zomato Ltd N/A 927564.00000000 NS 1129772.95000000 0.004832220792 Long EC CORP IN N 2 N N N Xiamen Tungsten Co Ltd 300300SEC2FOC4PL5N49 Xiamen Tungsten Co Ltd N/A 11600.00000000 NS 27322.22000000 0.000116861533 Long EC CORP CN N 2 N N N Zijin Mining Group Co Ltd 836800JRNL2393Z2I561 Zijin Mining Group Co Ltd (Class A) N/A 287400.00000000 NS 478060.54000000 0.002044741893 Long EC CORP CN N 2 N N N China Everbright Bank Co Ltd 549300U6PKQ4H1P34E17 China Everbright Bank Co Ltd - A N/A 278300.00000000 NS 117149.17000000 0.000501065860 Long EC CORP CN N 2 N N N Wharf Real Estate Investment Co Ltd 529900QLPKS8U9QOPB59 Wharf Real Estate Investment Co Ltd N/A 252000.00000000 NS 971191.58000000 0.004153942742 Long EC CORP HK N 2 N N N Aboitiz Equity Ventures Inc 254900MDNXYJKHXO0P61 Aboitiz Equity Ventures, Inc N/A 352740.00000000 NS 312675.18000000 0.001337362083 Long EC CORP PH N 2 N N N United Parcel Service Inc D01LMJZU09ULLNCY6Z23 United Parcel Service, Inc (Class B) 911312106 106397.00000000 NS USD 16584100.39000000 0.070932867289 Long EC CORP US N 1 N N N Hang Zhou Great Star Industrial Co Ltd 8368005I1ISRY6YIFM48 Hang Zhou Great Star Industrial Co Ltd N/A 13100.00000000 NS 35002.83000000 0.000149712739 Long EC CORP CN N 2 N N N SEI Investments Co 5LJTIFADGZ6XH1RVOC11 SEI Investments Co 784117103 134.00000000 NS USD 8070.82000000 0.000034520196 Long EC CORP US N 1 N N N MR DIY Group M Bhd N/A MR DIY Group M Bhd N/A 411250.00000000 NS 132093.12000000 0.000564983540 Long EC CORP MY Y 2 N N N Idemitsu Kosan Co Ltd 549300P0R46FF6DUA630 Idemitsu Kosan Co Ltd B1FF8P905 35537.00000000 NS 814689.81000000 0.003484559476 Long EC CORP JP N 2 N N N Fidelis Insurance Holdings Ltd 549300CDMGCAGJQ7DX03 Fidelis Insurance Holdings Ltd G3398L118 125000.00000000 NS USD 1835000.00000000 0.007848590421 Long EC CORP US N 1 N N N United States Treasury Bill 254900HROIFWPRGM1V77 United States Treasury Bill 912797HA8 20000000.00000000 PA USD 19976622.20000000 0.085443229242 Long STIV UST US N 2 N N N Bid Corp Ltd N/A Bid Corp Ltd N/A 73097.00000000 NS 1630168.79000000 0.006972494360 Long EC CORP ZA N 2 N N Silergy Corp N/A Silergy Corp N/A 67000.00000000 NS 635081.65000000 0.002716346460 Long EC CORP TW N 2 N N N Fast Retailing Co Ltd 353800ZCXKHDPY0N5218 Fast Retailing Co Ltd J1346E100 20200.00000000 NS 4399867.30000000 0.018818940789 Long EC CORP JP N 2 N N N Lam Research Corp 549300I4GMO6D34U1T02 Lam Research Corp 512807108 52297.00000000 NS USD 32778190.69000000 0.140197598634 Long EC CORP US N 1 N N N China Life Insurance Co Ltd 549300J6TFLDXGH6S048 China Life Insurance Co Ltd 671897908 1684000.00000000 NS 2609591.75000000 0.011161644040 Long EC CORP HK N 2 N N N Carrier Global Corp 549300JE3W6CWY2NAN77 Carrier Global Corp 14448C104 1466302.00000000 NS USD 80939870.40000000 0.346192856438 Long EC CORP US N 1 N N N Juewei Food Co Ltd N/A Juewei Food Co Ltd N/A 4500.00000000 NS 23192.41000000 0.000099197671 Long EC CORP CN N 2 N N N Federal Home Loan Bank Discount Notes 2549001DPIFGXC1TOL40 Federal Home Loan Bank (FHLB) 313384NT2 20000000.00000000 PA USD 19911826.40000000 0.085166087173 Long STIV USGSE US N 2 N N N Kotak Mahindra Bank Ltd 335800E6GTTXKHXE2I75 Kotak Mahindra Bank Ltd 613566900 244513.00000000 NS 5095651.02000000 0.021794919775 Long EC CORP IN N 2 N N N Telekom Malaysia Bhd 254900SNFPTSDGGVEK77 Telekom Malaysia BHD 686839002 87641.00000000 NS 91381.34000000 0.000390852702 Long EC CORP MY N 2 N N N Keda Industrial Group Co Ltd 300300J9W79188WE1R80 Keda Industrial Group Co Ltd N/A 18700.00000000 NS 29870.59000000 0.000127761322 Long EC CORP CN N 2 N N N Ivanhoe Mines Ltd 5299006XZISURYIA4G32 Ivanhoe Mines Ltd 46579R104 557063.00000000 NS 4773946.86000000 0.020418939291 Long EC CORP CA N 1 N N N Iflytek Co Ltd N/A Iflytek Co Ltd N/A 12800.00000000 NS 89145.01000000 0.000381287559 Long EC CORP CN N 2 N N N Qatar Gas Transport Co Ltd N/A Qatar Gas Transport Co Ltd N/A 589930.00000000 NS 603119.63000000 0.002579639755 Long EC CORP QA N 2 N N N Allegro.eu SA 222100VRLXV3FPMG4982 Allegro.eu S.A. N/A 98317.00000000 NS 721728.83000000 0.003086950399 Long EC CORP PL Y 2 N N N Penumbra Inc 549300RGE06P3ECANU72 Penumbra, Inc 70975L107 5000.00000000 NS USD 1209550.00000000 0.005173440078 Long EC CORP US N 1 N N N PICC Property & Casualty Co Ltd 300300F1000311000017 PICC Property & Casualty Co Ltd 670625904 1562000.00000000 NS 2000123.75000000 0.008554851284 Long EC CORP HK N 2 N N N China Everbright Bank Co Ltd 549300U6PKQ4H1P34E17 China Everbright Bank Co Ltd - H N/A 407000.00000000 NS 121896.79000000 0.000521372195 Long EC CORP HK N 2 N N N Harmony Gold Mining Co Ltd 378900986D05F0C29811 Harmony Gold Mining Co Ltd 641056908 116384.00000000 NS 437011.71000000 0.001869169439 Long EC CORP ZA N 2 N N N Posco International Corp 988400B6ECL5BWA8KC19 Daewoo International Corp 634427900 12107.00000000 NS 636056.39000000 0.002720515580 Long EC CORP KR N 2 N N N New Hope Liuhe Co Ltd 300300F28XODWP5GJF78 New Hope Liuhe Co Ltd N/A 59600.00000000 NS 89929.77000000 0.000384644104 Long EC CORP CN N 2 N N N Western Superconducting Technologies Co Ltd 300300IUC83XEOSKRG67 Western Superconducting Technologies Co Ltd N/A 7014.00000000 NS 43942.83000000 0.000187950558 Long EC CORP CN N 2 N N N Pool Corp 5493005VZK1KMN6CO617 Pool Corp 73278L105 46.00000000 NS USD 16380.60000000 0.000070062463 Long EC CORP US N 1 N N N Haidilao International Holding Ltd 3003009Q8GV4VNKZWI24 Haidilao International Holding Ltd N/A 370000.00000000 NS 986543.29000000 0.004219604477 Long EC CORP HK Y 2 N N N GCL Technology Holdings Ltd 529900O1QCZWP5IWVY66 GCL Technology Holdings Ltd N/A 1663000.00000000 NS 308341.41000000 0.001318825851 Long EC CORP HK N 2 N N N LG Energy Solution Ltd N/A LG Energy Solution Ltd N/A 10085.00000000 NS 3556559.74000000 0.015211978588 Long EC CORP KR N 2 N N N Axon Enterprise Inc 549300QP2IEEGFE16681 Axon Enterprise, Inc 05464C101 83.00000000 NS USD 16516.17000000 0.000070642318 Long EC CORP US N 1 N N N Ping An Healthcare and Technology Co Ltd 2549009NW1LO017CP285 Ping An Healthcare and Technology Co Ltd N/A 43100.00000000 NS 100293.28000000 0.000428970505 Long EC CORP HK Y 2 N N SAIC Motor Corp Ltd N/A SAIC Motor Corp Ltd N/A 119900.00000000 NS 243967.61000000 0.001043488745 Long EC CORP CN N 2 N N N Kuwait Finance House KSCP 2549007KX0N057S9BC98 Kuwait Finance House KSCP N/A 665469.00000000 NS 1575645.03000000 0.006739287460 Long EC CORP KW N 2 N N N ANTA Sports Products Ltd 529900291XG0CTK4LF95 Anta Sports Products Ltd N/A 278000.00000000 NS 3110635.28000000 0.013304687882 Long EC CORP HK N 2 N N N Safestore Holdings PLC 213800WGA3YSJC1YOH73 Safestore Holdings plc N/A 163382.00000000 NS 1459693.24000000 0.006243342987 Long EC CORP GB N 2 N N N Tianma Microelectronics Co Ltd 300300KWFVVYL0LL8S83 Tianma Microelectronics Co Ltd N/A 19200.00000000 NS 24301.71000000 0.000103942326 Long EC CORP CN N 2 N N N Tech Mahindra Ltd 3358005FZUZ1I25XQH69 Tech Mahindra Ltd N/A 44122.00000000 NS 647761.88000000 0.002770581845 Long EC CORP IN N 2 N N N Dell Technologies Inc 549300TJB5YBRUPOG437 Dell Technologies, Inc 24703L202 303.00000000 NS USD 20876.70000000 0.000089293006 Long EC CORP US N 1 N N N GSK PLC 5493000HZTVUYLO1D793 GSK plc N/A 296353.00000000 NS 5362149.76000000 0.022934777791 Long EC CORP GB N 2 N N N Lojas Renner SA N/A Lojas Renner S.A. P6332C102 202792.00000000 NS 540611.91000000 0.002312284173 Long EC CORP BR N 1 N N N Shandong Linglong Tyre Co Ltd 3003003R54QIO1CPVS32 Shandong Linglong Tyre Co Ltd N/A 17600.00000000 NS 49065.85000000 0.000209862539 Long EC CORP CN N 2 N N N Far EasTone Telecommunications Co Ltd 529900L7W7BWDLVZL253 Far EasTone Telecommunications Co Ltd 642185904 139000.00000000 NS 313082.57000000 0.001339104555 Long EC CORP TW N 2 N N N Riyue Heavy Industry Co Ltd N/A Riyue Heavy Industry Co Ltd N/A 12000.00000000 NS 26165.79000000 0.000111915296 Long EC CORP CN N 2 N N N Coca-Cola Europacific Partners PLC 549300LTH67W4GWMRF57 Coca-Cola Europacific Partners plc G25839104 96335.00000000 NS USD 6019010.80000000 0.025744278209 Long EC CORP GB N 1 N N N Eva Airways Corp 254900S1P4XOXV67GC07 Eva Airways Corp 618602908 201000.00000000 NS 185431.80000000 0.000793121661 Long EC CORP TW N 2 N N N IGM Financial Inc 254900RYHLVJNTUFDA95 IGM Financial, Inc 449586106 18204.00000000 NS 461717.50000000 0.001974840080 Long EC CORP CA N 1 N N Alcon Inc 549300LDT5AP8S0NBM78 Alcon, Inc N/A 105642.00000000 NS 8152117.36000000 0.034867918381 Long EC CORP CH N 2 N N N N/A N/A Credit Agricole 22532XVA3 2000000.00000000 PA USD 2000000.00000000 0.008554321985 Long STIV CORP US N 2 N N Haitong Securities Co Ltd 300300E1003931000068 Haitong Securities Co Ltd (Class A) N/A 53100.00000000 NS 72606.50000000 0.000310549689 Long EC CORP CN N 2 N N N Emirates NBD Bank PJSC 54930029BCN8HF3B1286 Emirates NBD Bank PJSC N/A 155811.00000000 NS 755079.31000000 0.003229595771 Long EC CORP AE N 2 N N N Dollar General Corp OPX52SQVOZI8IVSWYU66 Dollar General Corp 256677105 197319.00000000 NS USD 20876350.20000000 0.089291510747 Long EC CORP US N 1 N N N Cheniere Energy Inc MIHC87W9WTYSYZWV1J40 Cheniere Energy, Inc 16411R208 203889.00000000 NS USD 33837418.44000000 0.144728086249 Long EC CORP US N 1 N N N Grupo Televisa SAB 549300O4AF0C816ILN62 Grupo Televisa S.A. 238010904 464000.00000000 NS 281954.38000000 0.001205964275 Long EC CORP MX N 1 N N RioCan Real Estate Investment Trust 549300S8HVUSEU3JBY60 RioCan Real Estate Investment Trust 766910103 122537.00000000 NS 1630217.99000000 0.006972704796 Long EC CORP CA N 1 N N N Nutrien Ltd 5493002QQ7GD21OWF963 Nutrien Ltd 67077M108 239353.00000000 NS 14781468.54000000 0.063222720655 Long EC CORP CA N 1 N N Kunlun Tech Co Ltd 300300AMV45UQEH2Z513 Kunlun Tech Co Ltd N/A 6500.00000000 NS 34102.78000000 0.000145863080 Long EC CORP CN N 2 N N N Cia Energetica de Minas Gerais 254900W703PXLDSEM056 Cia Energetica de Minas Gerais B1YBRG902 299213.00000000 NS 738724.04000000 0.003159641648 Long EC CORP BR N 1 N N N Rabigh Refining & Petrochemical Co N/A Rabigh Refining & Petrochemical Co N/A 93691.00000000 NS 270618.76000000 0.001157480004 Long EC CORP SA N 2 N N N Zhejiang Huayou Cobalt Co Ltd 30030099QFLNMEGP7M05 Zhejiang Huayou Cobalt Co Ltd N/A 18203.00000000 NS 94021.96000000 0.000402147059 Long EC CORP CN N 2 N N N Shanghai Bairun Investment Holding Group Co Ltd N/A Shanghai Bairun Investment Holding Group Co Ltd N/A 12432.00000000 NS 49213.90000000 0.000210495773 Long EC CORP CN N 2 N N N Johnson Controls International plc 549300XQ6S1GYKGBL205 Johnson Controls International plc G51502105 812.00000000 NS USD 43206.52000000 0.000184801241 Long EC CORP US N 1 N N N Unilever PLC 549300MKFYEKVRWML317 Unilever plc G92087165 414697.00000000 NS 20513729.20000000 0.087740522351 Long EC CORP GB N 2 N N N BGF retail Co Ltd N/A BGF retail Co Ltd N/A 1981.00000000 NS 207098.29000000 0.000885792727 Long EC CORP KR N 2 N N N CITIGROUP GLOBAL MARKETS INC. N/A Citigroup 985SRR000 3394000.00000000 PA USD 3394000.00000000 0.014516684409 Long RA CORP US N 2 Repurchase Y 5.25000000 2023-10-02 3394000.00000000 USD 3461954.70000000 USD UST N N Mitsui Fudosan Logistics Park Inc 353800DN63EIYS760S59 Mitsui Fudosan Logistics Park, Inc N/A 1306.00000000 NS 4113301.13000000 0.017593251144 Long EC CORP JP N 2 N N N Grupo Carso SAB de CV 5493007R35VF4W6YVW92 Grupo Carso S.A. de C.V. (Series A1) 239345002 134400.00000000 NS 984507.47000000 0.004210896947 Long EC CORP MX N 1 N N Wiwynn Corp 254900FV2R15PMKXFL69 Wiwynn Corp N/A 19000.00000000 NS 885982.05000000 0.003789487864 Long EC CORP TW N 2 N N N Pan American Silver Corp 549300MKTF5851TYIB83 Pan American Silver Corp (Toronto) 697900108 281948.00000000 NS 4081058.48000000 0.017455344140 Long EC CORP CA N 1 N N Dar Al Arkan Real Estate Development Co 558600USX20EGH6LVQ89 Dar Al Arkan Real Estate Development Co N/A 46635.00000000 NS 196219.27000000 0.000839261407 Long EC CORP SA N 2 N N N Shin Kong Financial Holding Co Ltd 529900YF6H5G3WJC6V36 Shin Kong Financial Holding Co Ltd 645258906 2838684.00000000 NS 816066.80000000 0.003490449084 Long EC CORP TW N 2 N N N 2023-09-30 COLLEGE RETIREMENT EQUITIES FUND E. Scott Wickerham E. Scott Wickerham Principal Financial Officer, Principal Accounting Officer and Treasurer XXXX NPORT-EX 2 tiaa_C041.htm
Portfolio
of
Investments
CREF
Stock
Account
September
30,
2023
1
See
Notes
to
Portfolio
of
Investments
(Unaudited)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
LONG-TERM
INVESTMENTS
-
99.3%
CORPORATE
BONDS
-
0.0%
FOOD,
BEVERAGE
&
TOBACCO
-
0.0%
INR
4,636,868
Britannia
Industries
Ltd
5.500
%
06/03/24
$
55
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
55
TOTAL
CORPORATE
BONDS
55
(Cost
$64)
GOVERNMENT
BONDS
-
0.0%
U.S.
TREASURY
SECURITIES
-
0.0%
$
200,000
United
States
Treasury
Note
4.125
11/15/32
193
TOTAL
U.S.
TREASURY
SECURITIES
193
TOTAL
GOVERNMENT
BONDS
193
(Cost
$210)
SHARES
REFERENCERATE
&
SPREAD
COMMON
STOCKS
-
99.3%
AUTOMOBILES
&
COMPONENTS
-
2.2%
13,843
AB
Dynamics
plc
292
57,198
Actron
Technology
Corp
296
180,100
(a)
Adient
plc
6,610
37,000
AIMA
Technology
Group
Co
Ltd
150
226,711
Aisin
Seiki
Co
Ltd
8,566
111,000
(a)
Anhui
Jianghuai
Automobile
Group
Corp
Ltd
201
267,173
Apollo
Tyres
Ltd
1,184
304,728
(a)
Aptiv
plc
30,043
65,372
(b)
ARB
Corp
Ltd
1,306
59,946
Asahi
India
Glass
Ltd
453
411,171
(a),(c)
Aston
Martin
Lagonda
Global
Holdings
plc
1,428
122,662,007
Astra
International
Tbk
PT
49,268
523,478
(a)
Atmus
Filtration
Technologies,
Inc
10,915
216,114
Autoliv,
Inc
20,851
239,235
Autoliv,
Inc
23,123
1,947
(b)
Autoneum
Holding
AG.
253
235,400
(a)
BAIC
BluePark
New
Energy
Technology
Co
Ltd
170
59,750
Bajaj
Auto
Ltd
3,634
64,946
Balkrishna
Industries
Ltd
1,996
463,201
Bayerische
Motoren
Werke
AG.
47,046
58,099
Bayerische
Motoren
Werke
AG.
(Preference)
5,408
431,600
(a)
Beiqi
Foton
Motor
Co
Ltd
205
16,200
Bethel
Automotive
Safety
Systems
Co
Ltd
163
218,841
Bharat
Forge
Ltd
2,872
479,678
BorgWarner,
Inc
19,365
597,663
Brembo
S.p.A
7,409
485,700
Bridgestone
Corp
18,927
962,898
BYD
Co
Ltd
31,489
899,862
BYD
Co
Ltd
(H
shares)
27,725
16,678
Ceat
Ltd
426
9,339
Changzhou
Xingyu
Automotive
Lighting
Systems
Co
Ltd
194
1,702,885
Cheng
Shin
Rubber
Industry
Co
Ltd
2,243
206,000
China
Motor
Corp
623
91,208
Chongqing
Changan
Automobile
Co
Ltd
169
CREF
Stock
Account
September
30,
2023
2
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
103,508
CIE
Automotive
India
Ltd
$
598
34,909
CIE
Automotive
S.A.
944
1,082,642
Cie
Generale
des
Etablissements
Michelin
S.C.A
33,136
169,477
Cie
Plastic
Omnium
SA
2,748
619,975
(a)
Cofide
S.p.A.
265
359,276
Continental
AG.
25,243
49,138
Cub
Elecparts,
Inc
213
623,118
Daimler
AG.
(Registered)
43,367
794,141
Dana
Inc
11,650
1,472,400
Denso
Corp
23,626
70,000
Depo
Auto
Parts
Ind
Co
Ltd
291
2,906
DN
Automotive
Corp
172
255,442
(c)
Dometic
Group
AB
1,614
3,054,517
Dongfeng
Motor
Group
Co
Ltd
1,202
2,794,828
Dowlais
Group
plc
3,662
269,296
Dr
ING
hc
F
Porsche
AG.
25,267
948,700
DRB-Hicom
Bhd
288
10,100
Eagle
Industry
Co
Ltd
114
1,054
EGE
Endustri
VE
Ticaret
AS.
292
116,795
Eicher
Motors
Ltd
4,839
82,330
ElringKlinger
AG.
509
26,260
(c)
Endurance
Technologies
Ltd
503
29,882
Exedy
Corp
522
363,662
Exide
Industries
Ltd
1,139
132,119
Faurecia
2,718
189,586
FAW
Jiefang
Group
Co
Ltd
226
109,300
FCC
Co
Ltd
1,375
155,912
Ferrari
NV
45,961
2,231,929
Ford
Motor
Co
27,721
57,612
Ford
Otomotiv
Sanayi
AS
1,776
50,200
Fras-Le
S.A.
162
523,500
Fuji
Heavy
Industries
Ltd
10,179
85,863
Fuyao
Glass
Industry
Group
Co
Ltd
-
A
435
557,362
(c)
Fuyao
Glass
Industry
Group
Co
Ltd
-
H
2,550
27,977,302
Geely
Automobile
Holdings
Ltd
32,810
1,379,487
General
Motors
Co
45,482
47,813
Gentex
Corp
1,556
510,051
(c)
Gestamp
Automocion
S.A.
2,126
36,000
Global
PMX
Co
Ltd
152
103,560
(a)
Goodyear
Tire
&
Rubber
Co
1,287
2,058,246
(b)
Great
Wall
Motor
Co
Ltd
2,441
121,759
Great
Wall
Motor
Co
Ltd
431
214,000
G-Tekt
Corp
2,605
237,400
Guangzhou
Automobile
Group
Co
Ltd
327
2,905,042
Guangzhou
Automobile
Group
Co
Ltd
-
H
1,432
112,135
GUD
Holdings
Ltd
843
8,639
Hanil
E-Hwa
Co
Ltd
106
62,050
Hankook
Tire
&
Technology
Co
Ltd
1,815
20,592
Hankook
Tire
Worldwide
Co
Ltd
169
150,559
Hanon
Systems
1,050
99,172
Harley-Davidson,
Inc
3,279
96,619
Hero
Honda
Motors
Ltd
3,550
26,967
HL
Mando
Co
Ltd
839
3,922,350
Honda
Motor
Co
Ltd
44,125
3,390,000
Hota
Industrial
Manufacturing
Co
Ltd
6,721
56,000
Hu
Lane
Associate,
Inc
255
165,215
Huayu
Automotive
Systems
Co
Ltd
426
586,000
(b)
Huazhong
In-Vehicle
Holdings
Co
Ltd
190
26,976
Huizhou
Desay
Sv
Automotive
Co
Ltd
533
13,570
Hwa
Shin
Co
Ltd
128
51,925
Hyundai
Mobis
9,242
118,171
Hyundai
Motor
Co
16,710
3
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
32,397
Hyundai
Motor
Co
Ltd
(2nd
Preference)
$
2,540
48,975
Hyundai
Motor
Co
Ltd
(Preference)
3,807
13,070
Hyundai
Wia
Corp
617
10,776
(a)
Iljin
Hysolus
Co
ltd
180
363,000
(b)
Intron
Technology
Holdings
Ltd
149
496,000
Isuzu
Motors
Ltd
6,236
19,420
JBM
Auto
Ltd
320
67,689
JK
Tyre
&
Industries
Ltd
226
309,342
Johnson
Electric
Holdings
Ltd
379
167,200
JTEKT
Corp
1,578
14,596
Kayaba
Industry
Co
Ltd
472
501,904
Kenda
Rubber
Industrial
Co
Ltd
458
224,322
Kia
Motors
Corp
13,502
3,454
Knaus
Tabbert
AG.
190
176,600
(a)
Koito
Manufacturing
Co
Ltd
2,663
34,840
Kordsa
Teknik
Tekstil
AS.
126
96,921
(a)
Kumho
Tire
Co,
Inc
332
43,681
Lear
Corp
5,862
968,800
(a)
Li
Auto,
Inc
17,289
36,093
Linamar
Corp
1,739
564,723
(a),(b)
Lucid
Group,
Inc
3,157
246,914
(b)
Magna
International,
Inc
13,232
3,509
Maharashtra
Scooters
Ltd
322
4,916,564
Mahindra
&
Mahindra
Ltd
91,811
32,100
Mahle
Metal
Leve
S.A.
308
408,602
Martinrea
International,
Inc
3,763
116,716
Maruti
Suzuki
India
Ltd
14,881
483,673
Mazda
Motor
Corp
5,492
81,462
Minda
Corp
Ltd
326
673,426
Minth
Group
Ltd
1,731
562,700
Mitsubishi
Motors
Corp
2,452
71,157
(a),(b)
Mobileye
Global,
Inc
2,957
310,455
(a)
Modine
Manufacturing
Co
14,203
1,506,024
Motherson
Sumi
Wiring
India
Ltd
1,165
1,653
MRF
Ltd
2,133
34,038
Musashi
Seimitsu
Industry
Co
Ltd
370
25,834
(a)
Myoung
Shin
Industrial
Co
Ltd
344
293,000
(a)
Nan
Kang
Rubber
Tire
Co
Ltd
345
4,611,810
(a),(b),(c)
Nemak
SAB
de
C.V.
887
18,798
Nexen
Tire
Corp
109
590,000
Nexteer
Automotive
Group
Ltd
320
128,600
NGK
Spark
Plug
Co
Ltd
2,911
162,015
NHK
Spring
Co
Ltd
1,239
66,112
Nifco,
Inc
1,709
55,511
Ningbo
Joyson
Electronic
Corp
133
49,778
Ningbo
Tuopu
Group
Co
Ltd
509
1,192,172
(a)
NIO,
Inc
(ADR)
10,777
82,353
Nippon
Seiki
Co
Ltd
643
1,967,100
Nissan
Motor
Co
Ltd
8,681
57,310
Nissan
Shatai
Co
Ltd
328
64,188
NOK
Corp
852
108,878
Nokian
Renkaat
Oyj
855
31,600
Pacific
Industrial
Co
Ltd
303
9,519
Phinia,
Inc
255
655,511
Piaggio
&
C
S.p.A.
2,092
19,094
Piolax,
Inc
292
251,860
(c)
Pirelli
&
C
S.p.A
1,208
234,226
Porsche
AG.
11,521
69,772
PWR
Holdings
Ltd
492
60,123
(a),(b)
QuantumScape
Corp
402
515,614
Renault
S.A.
21,097
503,312
(a),(b)
Rivian
Automotive,
Inc
12,220
CREF
Stock
Account
September
30,
2023
4
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
36,708
SAF-Holland
SE
$
473
447,023
SAIC
Motor
Corp
Ltd
910
161,700
Sailun
Group
Co
Ltd
281
2,042,518
Samvardhana
Motherson
International
Ltd
2,353
24,460
(c)
Sansera
Engineering
Ltd
278
428,000
Sanyang
Motor
Co
Ltd
1,031
409,335
Schaeffler
AG.
2,352
6,290
Sebang
Global
Battery
Co
Ltd
276
37,993
(b)
Seiren
Co
Ltd
595
74,500
(a)
Seres
Group
Co
Ltd
573
47,805
Shandong
Linglong
Tyre
Co
Ltd
133
11,400
Shenzhen
Kedali
Industry
Co
Ltd
150
37,400
(b)
Shoei
Co
Ltd
572
12,221
SL
Corp
295
5,914
SNT
Motiv
Co
Ltd
191
348,829
(c)
Sona
Blw
Precision
Forgings
Ltd
2,446
5,142,200
Sri
Trang
Agro-Industry
PCL
2,071
37,999
(a)
Ssangyong
Motor
Co
243
12,830
Standard
Motor
Products,
Inc
431
107,200
Stanley
Electric
Co
Ltd
1,693
971,525
Stellantis
NV
18,603
95,403
(a)
Stoneridge,
Inc
1,915
607,900
Sumitomo
Electric
Industries
Ltd
7,323
134,600
Sumitomo
Rubber
Industries,
Inc
1,486
4,973
(a),(d)
Sundaram-Clayton
DCD
Pvt
Ltd
60
5,191,812
(a)
Sundaram-Clayton
Ltd
6
4,973
Sundaram-Clayton
Ltd
327
89,899
Sundram
Fasteners
Ltd
1,362
38,861
Sungwoo
Hitech
Co
Ltd
264
67,753
Suprajit
Engineering
Ltd
314
313,400
Suzuki
Motor
Corp
12,605
1,436,791
Tata
Motors
Ltd
10,868
3,328,996
(a)
Tesla,
Inc
832,981
38,806
(b)
Thor
Industries,
Inc
3,692
227,287
(c)
TI
Fluid
Systems
plc
342
548,000
(b)
Tianneng
Power
International
Ltd
518
110,617
Tofas
Turk
Otomobil
Fabrik
1,191
40,147
Tokai
Rika
Co
Ltd
629
19,517
Tokai
Rubber
Industries,
Inc
146
332,000
Tong
Yang
Industry
Co
Ltd
806
26,068
Topre
Corp
296
601,725
Toyo
Tire
&
Rubber
Co
Ltd
9,262
52,300
Toyoda
Gosei
Co
Ltd
1,123
71,995
Toyota
Boshoku
Corp
1,312
16,710,198
(a)
Toyota
Motor
Corp
299,786
9,340
Trigano
S.A.
1,265
70,400
TS
Tech
Co
Ltd
799
89,480
Tube
Investments
of
India
Ltd
3,211
53,000
Tung
Thih
Electronic
Co
Ltd
216
199,037
TVS
Motor
Co
Ltd
3,637
285,000
UMW
Holdings
BHD
289
141,104
UNO
Minda
Ltd
1,017
1,283,557
Valeo
22,026
44,391
(a),(c)
Varroc
Engineering
Ltd
259
31,200
(a)
Visteon
Corp
4,308
280,926
(a)
Vitesco
Technologies
Group
AG.
22,735
33,987
Volkswagen
AG.
(Preference)
3,905
638,993
(a)
Volvo
Car
AB
2,585
1,380,000
(b)
Wuling
Motors
Holdings
Ltd
96
892,000
(a),(b)
XPeng,
Inc
8,151
1,071,031
(c)
Yadea
Group
Holdings
Ltd
1,983
253,200
Yamaha
Motor
Co
Ltd
6,656
5
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
99,200
Yokohama
Rubber
Co
Ltd
$
2,064
480,480
Yulon
Motor
Co
Ltd
1,238
4,144
ZF
Commercial
Vehicle
Control
Systems
India
Ltd
776
TOTAL
AUTOMOBILES
&
COMPONENTS
2,390,212
BANKS
-
6.3%
12,030
(b)
1st
Source
Corp
506
42,003
77
Bank
Ltd
890
610,516
(c)
ABN
AMRO
Bank
NV
8,628
354,171
Absa
Group
Ltd
3,264
1,222,092
Abu
Dhabi
Commercial
Bank
PJSC
2,878
602,769
Abu
Dhabi
Islamic
Bank
PJSC
1,848
671,461
(a)
AFFIN
Holdings
Bhd
305
44,353,383
Agricultural
Bank
of
China
Ltd
16,493
2,367,562
Agricultural
Bank
of
China
Ltd
(Class
A)
1,168
15,942,538
AIB
Group
plc
71,458
31,600
Aichi
Financial
Group,
Inc
517
1,085,917
(a)
Ajman
Bank
PJSC
668
4,489,900
Akbank
TAS
5,469
48,537
Aktia
Bank
Oyj
467
830,849
Al
Ahli
Bank
of
Kuwait
KSCP
656
4,465,333
Al
Rajhi
Bank
80,896
2,055,429
Alinma
Bank
18,321
76,171
(a)
Alior
Bank
S.A.
900
830,300
Alliance
Financial
Group
BHD
597
2,747,929
(a)
Alpha
Services
and
Holdings
S.A.
3,634
315,270
(a),(d)
Amagerbanken
AS
0^
27,050
Amalgamated
Financial
Corp
466
372,270
Ameris
Bancorp
14,291
591,934
AMMB
Holdings
BHD
466
116,000
(b)
Aozora
Bank
Ltd
2,370
271,615
Arab
National
Bank
1,738
72,873
(c)
AU
Small
Finance
Bank
Ltd
624
4,519,591
Australia
&
New
Zealand
Banking
Group
Ltd
74,129
27,044
Awa
Bank
Ltd
414
8,357,676
Axis
Bank
Ltd
104,034
382,890
(a)
Axos
Financial,
Inc
14,496
425,812
(a)
Banca
Monte
dei
Paschi
di
Siena
S.p.A
1,077
887,375
Banca
Popolare
di
Sondrio
SPA
4,554
11,900
Bancfirst
Corp
1,032
66,700
Banco
ABC
Brasil
S.A.
264
16,851,986
(b)
Banco
Bilbao
Vizcaya
Argentaria
S.A.
136,382
1,139,189
Banco
BPM
S.p.A.
5,425
6,371,986
Banco
Bradesco
S.A.
16,049
10,775,359
Banco
Bradesco
S.A.
(Preference)
30,655
37,455,001
(a)
Banco
Comercial
Portugues
S.A.
10,279
50,209,255
Banco
de
Chile
5,108
27,940
Banco
de
Credito
e
Inversiones
715
11,741,895
Banco
de
Sabadell
S.A.
13,584
1,986,100
(b),(c)
Banco
del
Bajio
S.A.
6,246
362,101
Banco
do
Brasil
S.A.
3,399
196,300
Banco
do
Estado
do
Rio
Grande
do
Sul
481
64,081
Banco
Itau
Chile
S.A.
618
265,100
Banco
Pan
S.A.
426
156,810
Banco
Santander
Brasil
S.A.
813
26,770,189
Banco
Santander
Chile
S.A.
1,238
803,303
Banco
Santander
S.A.
3,059
106,901
BanColombia
S.A.
807
201,940
BanColombia
S.A.
(Preference)
1,340
299,713
(a)
Bancorp,
Inc
10,340
320,348
(c)
Bandhan
Bank
Ltd
968
5,584,900
(a)
Bank
Aladin
Syariah
Tbk
PT
388
CREF
Stock
Account
September
30,
2023
6
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
198,641
Bank
AlBilad
$
2,242
148,834
(a)
Bank
Al-Jazira
667
1,959,600
Bank
BTPN
Syariah
Tbk
PT
241
29,657,386
(a)
Bank
Bukopin
Tbk
PT
178
48,132,970
Bank
Central
Asia
Tbk
PT
27,423
140,540
Bank
Hapoalim
Ltd
1,252
561,100
Bank
Islam
Malaysia
Bhd
256
175,324
Bank
Leumi
Le-Israel
1,453
460,828
(a)
Bank
Millennium
S.A.
599
23,421,953
Bank
Negara
Indonesia
Persero
Tbk
PT
15,623
5,940,288
(a)
Bank
Neo
Commerce
Tbk
PT
119
11,814,115
Bank
of
America
Corp
323,470
440,811
Bank
of
Baroda
1,132
633,262
Bank
of
Beijing
Co
Ltd
402
286,100
Bank
of
Changsha
Co
Ltd
322
90,620
Bank
of
Chengdu
Co
Ltd
171
1,074,844
Bank
of
China
Ltd
-
A
556
69,336,912
Bank
of
China
Ltd
-
H
24,155
1,096,812
Bank
of
Communications
Co
Ltd
-
A
867
4,243,319
Bank
of
Communications
Co
Ltd
-
H
2,563
971,600
Bank
of
East
Asia
Ltd
1,202
29,897
Bank
of
Georgia
Group
plc
1,346
112,795
Bank
of
Hangzhou
Co
Ltd
173
4,921,549
Bank
of
Ireland
Group
plc
48,111
324,218
Bank
of
Jiangsu
Co
Ltd
319
443,312
(a)
Bank
of
Kaohsiung
Co
Ltd
165
49,600
Bank
of
Kyoto
Ltd
2,796
1,109,005
(b)
Bank
of
Montreal
93,554
214,914
Bank
of
Nanjing
Co
Ltd
237
156,174
Bank
of
Ningbo
Co
Ltd
578
1,165,361
(b)
Bank
of
Nova
Scotia
52,234
804,993
Bank
of
NT
Butterfield
&
Son
Ltd
21,799
559,028
(b)
Bank
of
Queensland
Ltd
2,052
403,299
Bank
of
Shanghai
Co
Ltd
341
206,200
Bank
of
Suzhou
Co
Ltd
195
853,778
Bank
of
the
Philippine
Islands
1,688
130,800
Bank
OZK
4,849
178,795
Bank
Pekao
S.A.
4,112
2,724,511
Bank
Pembangunan
Daerah
Jawa
Barat
Dan
Banten
Tbk
PT
206
7,304,400
Bank
Pembangunan
Daerah
Jawa
Timur
Tbk
PT
300
204,566,568
Bank
Rakyat
Indonesia
69,089
4,944,462
Bank
Tabungan
Negara
Persero
Tbk
PT
390
14,602
(a)
Bank
Zachodni
WBK
S.A.
1,199
704,954
Bankinter
S.A.
4,485
135,900
BankUnited,
Inc
3,085
285,162
Banner
Corp
12,085
33,035
(b)
Banque
Cantonale
Vaudoise
3,457
247,239
Banque
Saudi
Fransi
2,408
17,917,148
Barclays
plc
34,534
954,025
(c)
BAWAG
Group
AG.
43,605
10,550,499
BDO
Unibank,
Inc
26,407
473,913
Bendigo
Bank
Ltd
2,703
84,065
Berkshire
Hills
Bancorp,
Inc
1,686
215,950
BNK
Financial
Group,
Inc
1,095
1,445,519
BNP
Paribas
S.A.
91,915
3,401,125
BOC
Hong
Kong
Holdings
Ltd
9,285
598,279
Boubyan
Bank
KSCP
1,169
1,305,116
(b)
BPER
Banca
3,967
6,449
(a)
BRE
Bank
S.A.
581
629,831
Brookline
Bancorp,
Inc
5,738
2,682,799
Bumiputra-Commerce
Holdings
BHD
3,099
568,691
Burgan
Bank
SAK
335
7
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
47,050
Business
First
Bancshares,
Inc
$
883
195,375
Byline
Bancorp,
Inc
3,851
10,026,545
CaixaBank
S.A.
39,946
883,749
(b)
Canadian
Imperial
Bank
of
Commerce
34,114
77,985
(b)
Canadian
Western
Bank
1,616
177,192
(b)
Capitec
Bank
Holdings
Ltd
16,022
1,065,910
(b)
Capitol
Federal
Financial,
Inc
5,084
16,613
Capstar
Financial
Holdings,
Inc
236
89,448
Cathay
General
Bancorp
3,109
98,471
Central
Pacific
Financial
Corp
1,643
2,000,811
Chang
Hwa
Commercial
Bank
1,070
1,784,000
Chiba
Bank
Ltd
12,961
21,500,490
China
Citic
Bank
9,977
455,407
China
Construction
Bank
Corp
-
A
394
83,345,546
China
Construction
Bank
Corp
-
H
46,853
1,339,504
China
Everbright
Bank
Co
Ltd
-
A
564
2,124,845
China
Everbright
Bank
Co
Ltd
-
H
636
4,724,981
China
Merchants
Bank
Co
Ltd
19,616
8,774,041
China
Merchants
Bank
Co
Ltd
(Class
A)
39,913
992,848
China
Minsheng
Banking
Corp
Ltd
-
A
522
8,504,991
(b)
China
Minsheng
Banking
Corp
Ltd
-
H
2,905
670,537
China
Zheshang
Bank
Co
Ltd
236
29,002,388
Chinatrust
Financial
Holding
Co
22,035
1,002,200
Chongqing
Rural
Commercial
Bank
Co
Ltd
550
116,600
Chugin
Financial
Group,
Inc
869
1,469,231
Citigroup,
Inc
60,429
1,188,700
Citizens
Financial
Group,
Inc
31,857
315,466
City
Union
Bank
Ltd
480
122,947
Close
Brothers
Group
plc
1,324
67,468
(a)
Collector
Bank
AB
217
159,065
Columbia
Banking
System,
Inc
3,229
38,791
Comerica,
Inc
1,612
43,972
(b)
Commerce
Bancshares,
Inc
2,110
1,355,557
Commercial
Bank
PSQC
2,011
1,102,115
Commercial
International
Bank
2,142
5,595,562
Commerzbank
AG.
63,506
2,208,931
Commonwealth
Bank
of
Australia
141,098
279,062
Community
Bank
System,
Inc
11,779
51,380
(b)
Community
Trust
Bancorp,
Inc
1,760
972,000
Concordia
Financial
Group
Ltd
4,428
21,950
ConnectOne
Bancorp,
Inc
391
256,921
Credicorp
Ltd
32,878
60,077
Credit
Agricole
S.A.
739
175,587
Credito
Emiliano
S.p.A.
1,438
20,530
(a),(b)
CrossFirst
Bankshares,
Inc
207
71,700
CVB
Financial
Corp
1,188
5,646,074
(a),(d)
Cyprus
Popular
Bank
PCL
60
299,627
Dah
Sing
Banking
Group
Ltd
197
135,508
Dah
Sing
Financial
Holdings
Ltd
286
28,586
Daishi
Hokuetsu
Financial
Group,
Inc
725
34,236
Danske
Bank
AS
794
1,660,765
DBS
Group
Holdings
Ltd
40,788
80,886
DCB
Bank
Ltd
121
125,006
DGB
Financial
Group,
Inc
728
45,940
DNB
Bank
ASA
923
1,870,201
Doha
Bank
QPSC
835
1,193,887
Dubai
Islamic
Bank
PJSC
1,902
1,726,243
Dukhan
Bank
1,883
12,122,748
E.Sun
Financial
Holding
Co
Ltd
9,113
207,460
Eagle
Bancorp,
Inc
4,450
170,610
East
West
Bancorp,
Inc
8,993
794,637
Emirates
NBD
Bank
PJSC
3,851
84,565
Enterprise
Financial
Services
Corp
3,171
23,210
(a),(b)
Equitable
Group,
Inc
1,288
CREF
Stock
Account
September
30,
2023
8
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
439,174
(c)
Equitas
Small
Finance
Bank
Ltd
$
473
17,067
Erste
Bank
der
Oesterreichischen
Sparkassen
AG.
589
1,034,549
(a)
Eurobank
Ergasias
Services
and
Holdings
S.A.
1,591
1,903,578
Far
Eastern
International
Bank
687
46,510
Farmers
National
Banc
Corp
538
1,438,829
Federal
Bank
Ltd
2,543
13,451
FIBI
Holdings
Ltd
611
2,852,930
Fifth
Third
Bancorp
72,265
24,750
Financial
Institutions,
Inc
417
914,797
FinecoBank
Banca
Fineco
S.p.A
11,046
1,842,883
First
Abu
Dhabi
Bank
PJSC
6,824
167,391
First
BanCorp
2,253
85,400
First
Bancshares,
Inc
2,303
90,707
First
Busey
Corp
1,743
49,656
First
Citizens
Bancshares,
Inc
(Class
A)
68,530
130,000
First
Commonwealth
Financial
Corp
1,587
573,241
First
Financial
Bankshares,
Inc
14,400
57,240
First
Financial
Corp
1,935
4,420,331
First
Financial
Holding
Co
Ltd
3,638
103,170
First
Hawaiian,
Inc
1,862
399,859
First
Horizon
National
Corp
4,406
194,290
First
International
Bank
Of
Israel
Ltd
8,369
8,740
First
Mid
Bancshares,
Inc
232
5,200
(a),(d)
FS
Finans
A.S.
0^
145,900
Fukuoka
Financial
Group,
Inc
3,491
7,482,085
(b)
Grupo
Financiero
Banorte
S.A.
de
C.V.
62,729
750,877
(a),(b)
Grupo
Financiero
Inbursa
S.A.
1,477
1,205,431
Grupo
Security
S.A.
282
652,470
Gulf
Bank
KSCP
555
277,800
Gunma
Bank
Ltd
1,294
299,100
(b)
Hachijuni
Bank
Ltd
1,649
441,127
Haci
Omer
Sabanci
Holding
AS
960
125,966
Hana
Financial
Group,
Inc
3,946
703,035
Hang
Seng
Bank
Ltd
8,723
26,740
Hanmi
Financial
Corp
434
24,500
HarborOne
Bancorp,
Inc
233
5,494,282
HDFC
Bank
Ltd
100,765
882,477
HDFC
Bank
Ltd
(ADR)
52,075
250,482
Heartland
Financial
USA,
Inc
7,372
204,302
Hirogin
Holdings,
Inc
1,252
17,600
Hokkoku
Financial
Holdings,
Inc
612
95,760
Hokuhoku
Financial
Group,
Inc
1,024
718,468
Home
Bancshares,
Inc
15,045
244,912
Hong
Leong
Bank
BHD
1,016
95,670
Hong
Leong
Credit
BHD
361
12,042,165
HSBC
Holdings
plc
94,235
3,447,510
Hua
Nan
Financial
Holdings
Co
Ltd
2,191
407,286
Huaxia
Bank
Co
Ltd
319
726,912
Huntington
Bancshares,
Inc
7,560
147,374
Hyakugo
Bank
Ltd
528
3,486,594
ICICI
Bank
Ltd
39,945
2,854,050
(a)
IDFC
First
Bank
Ltd
3,269
70,410
Independent
Bank
Corp
1,291
235,603
Indian
Bank
1,199
1,734,739
Industrial
&
Commercial
Bank
of
China
Ltd
-
A
1,112
52,702,914
Industrial
&
Commercial
Bank
of
China
Ltd
-
H
25,278
514,105
Industrial
Bank
Co
Ltd
1,150
116,443
Industrial
Bank
of
Korea
966
24,289,184
ING
Groep
NV
320,133
28,790
Intercorp
Financial
Services,
Inc
648
134,200
International
Bancshares
Corp
5,816
6,933,184
Intesa
Sanpaolo
S.p.A.
17,757
2,101,213
Investimentos
Itau
S.A.
-
PR
3,783
3,796,561
(b)
iShares
Core
MSCI
EAFE
ETF
244,309
9
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
2,170,255
iShares
Core
MSCI
Emerging
Markets
ETF
$
103,282
1,702,789
Israel
Discount
Bank
Ltd
9,229
13,041,202
Itau
Unibanco
Holding
S.A.
70,595
28,143
(a),(e)
Itausa
S.A.
51
219,054
Iyogin
Holdings,
Inc
1,572
254,750
Jammu
&
Kashmir
Bank
Ltd
322
1,256,900
Japan
Post
Bank
Co
Ltd
10,937
322,667
JB
Financial
Group
Co
Ltd
2,376
5,017,231
JPMorgan
Chase
&
Co
727,599
777,958
(a)
Judo
Capital
Holdings
Ltd
498
25,740
Juroku
Financial
Group,
Inc
644
90,875
(a)
Jyske
Bank
6,629
70,391
KakaoBank
Corp
1,218
96,536
Karnataka
Bank
Ltd
289
394,051
Karur
Vysya
Bank
Ltd
633
239,000
Kasikornbank
PCL
(Foreign)
826
1,353,753
KB
Financial
Group,
Inc
55,215
29,591
KBC
Ancora
1,207
652,820
KBC
Groep
NV
40,642
102,750
Kearny
Financial
Corp
712
65,248
Keiyo
Bank
Ltd
302
181,000
Kiatnakin
Phatra
Bank
PCL
274
647,000
King's
Town
Bank
Co
Ltd
744
43,819
Kiyo
Bank
Ltd
438
28,989
Komercni
Banka
AS
843
956,661
Kotak
Mahindra
Bank
Ltd
19,937
3,052,896
Krung
Thai
Bank
PCL
1,589
3,391,349
Kuwait
Finance
House
KSCP
8,030
773,031
Kuwait
International
Bank
KSCP
380
1,832,555
Kuwait
Projects
Co
Holding
KSCP
694
284,500
Kyushu
Financial
Group,
Inc
1,466
67,890
Lakeland
Bancorp,
Inc
857
31,180
Lakeland
Financial
Corp
1,480
34,846
(b)
Laurentian
Bank
of
Canada
777
364,241
Live
Oak
Bancshares,
Inc
10,545
5,197,669
Lloyds
TSB
Group
plc
2,793
449,944
(b)
M&T
Bank
Corp
56,895
2,325,230
Malayan
Banking
BHD
4,350
1,784,600
Malaysia
Building
Society
Bhd
277
2,327,109
Masraf
Al
Rayan
QSC
1,425
893,400
Mebuki
Financial
Group,
Inc
2,470
1,074,960
(b)
Mediobanca
S.p.A.
14,172
10,197,141
Mega
Financial
Holding
Co
Ltd
11,920
734,914
Metropolitan
Bank
&
Trust
701
20,650
Mid
Penn
Bancorp,
Inc
416
19,500
Midland
States
Bancorp,
Inc
401
17,942,326
Mitsubishi
UFJ
Financial
Group,
Inc
152,046
17,235
Mizrahi
Tefahot
Bank
Ltd
626
2,213,224
Mizuho
Financial
Group,
Inc
37,576
138,602
(c)
Moneta
Money
Bank
AS
503
25,668
(b)
Musashino
Bank
Ltd
474
21,849
Nanto
Bank
Ltd
389
2,884,042
National
Australia
Bank
Ltd
53,540
131,795
National
Bank
Holdings
Corp
3,922
329,919
(b)
National
Bank
of
Canada
21,917
220,587
(a)
National
Bank
of
Greece
S.A.
1,242
3,180,367
National
Bank
of
Kuwait
SAKP
9,320
10,422,641
NatWest
Group
plc
29,815
190,835
Nedbank
Group
Ltd
2,039
109,164
(b)
Nishi-Nippon
Financial
Holdings,
Inc
1,246
2,686,471
Nordea
Bank
Abp
29,454
9,041,118
Nordea
Bank
Abp
99,257
212,597
North
Pacific
Bank
Ltd
513
27,150
(b)
Northeast
Community
Bancorp,
Inc
401
CREF
Stock
Account
September
30,
2023
10
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
16,240
Northrim
BanCorp,
Inc
$
643
250,030
Northwest
Bancshares,
Inc
2,558
4,525,407
(a)
NU
Holdings
Ltd
32,809
1,135,000
O-Bank
Co
Ltd
335
282,957
OceanFirst
Financial
Corp
4,094
509,734
OFG
Bancorp
15,221
23,107
Ogaki
Kyoritsu
Bank
Ltd
320
18,000
Okinawa
Financial
Group,
Inc
292
233,800
Old
National
Bancorp
3,399
26,604
Old
Second
Bancorp,
Inc
362
9,892
Origin
Bancorp,
Inc
286
94,397
OTP
Bank
Rt
3,403
3,364,646
Oversea-Chinese
Banking
Corp
31,466
74,200
Pacific
Premier
Bancorp,
Inc
1,615
153,810
Pathward
Financial,
Inc
7,089
6,574
Peapack
Gladstone
Financial
Corp
169
45,950
Peoples
Bancorp,
Inc
1,166
1,687,687
(a)
Permanent
TSB
Group
Holdings
plc
3,836
466,584
Ping
An
Bank
Co
Ltd
719
609,082
(a)
Piraeus
Financial
Holdings
S.A.
1,798
498,759
PNC
Financial
Services
Group,
Inc
61,233
28,774
Popular,
Inc
1,813
725,837
Postal
Savings
Bank
of
China
Co
Ltd
-
A
496
7,691,972
(c)
Postal
Savings
Bank
of
China
Co
Ltd
-
H
3,873
834,552
(a)
Powszechna
Kasa
Oszczednosci
Bank
Polski
S.A.
6,602
160,879
(b)
Preferred
Bank
10,015
201,840
Premier
Financial
Corp
3,443
29,250
Primis
Financial
Corp
238
87,092
Prosperity
Bancshares,
Inc
4,753
497,910
Provident
Financial
Services,
Inc
7,613
138,797,170
PT
Bank
Mandiri
Persero
Tbk
54,024
5,969,880
Public
Bank
Bhd
5,158
411,239
Qatar
International
Islamic
Bank
QSC
1,085
681,662
Qatar
Islamic
Bank
SAQ
3,476
3,860,092
Qatar
National
Bank
QPSC
16,333
88,212
QCR
Holdings,
Inc
4,280
159,620
(a)
Raiffeisen
International
Bank
Holding
AG.
2,326
58,000
(a),(b)
Rakuten
Bank
Ltd
888
373,523
(c)
RBL
Bank
Ltd
1,134
206,600
(b)
Regional
SAB
de
C.V.
1,484
59,987
Renasant
Corp
1,571
2,912,500
Resona
Holdings,
Inc
16,104
566,369
RHB
Capital
BHD
654
23,446
Ringkjoebing
Landbobank
A.S.
3,384
1,327,743
Riyad
Bank
9,831
1,360,881
Royal
Bank
of
Canada
118,930
115,164
San-In
Godo
Bank
Ltd
744
416,928
Saudi
Awwal
Bank
3,837
204,962
Saudi
Investment
Bank
864
2,143,940
Saudi
National
Bank
18,759
43,900
(b)
SBI
Sumishin
Net
Bank
Ltd
458
740,761
SCB
X
PCL
2,081
346,690
Security
Bank
Corp
490
60,320
ServisFirst
Bancshares,
Inc
3,147
512,700
Seven
Bank
Ltd
1,066
1,606,331
Shanghai
Commercial
&
Savings
Bank
Ltd
2,154
690,034
Shanghai
Pudong
Development
Bank
Co
Ltd
673
555,400
Shanghai
Rural
Commercial
Bank
Co
Ltd
460
1,062,496
Sharjah
Islamic
Bank
688
30,600
Shiga
Bank
Ltd
715
393,724
Shinhan
Financial
Group
Co
Ltd
10,362
426,300
Shizuoka
Financial
Group,
Inc
3,474
9,616,037
SinoPac
Financial
Holdings
Co
Ltd
5,187
5,318,876
Skandinaviska
Enskilda
Banken
AB
(Class
A)
63,411
11
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
321,998
Societe
Generale
$
7,792
855,824
South
Indian
Bank
Ltd
279
130,713
(b)
Southside
Bancshares,
Inc
3,751
203,288
SouthState
Corp
13,693
59,593
Spar
Nord
Bank
A.S.
922
29,425
Sparebank
Oestlandet
367
147,336
SpareBank
SR-Bank
ASA
1,687
116,462
Sparebanken
Midt-Norge
1,490
203,928
Sparebanken
Nord-Norge
1,823
2,681
St
Galler
Kantonalbank
1,463
2,433,955
Standard
Bank
Group
Ltd
23,617
6,133,736
Standard
Chartered
plc
56,415
744,794
State
Bank
of
India
5,350
189,848
(b)
Stellar
Bancorp,
Inc
4,048
2,640,397
Sumitomo
Mitsui
Financial
Group,
Inc
129,712
399,671
Sumitomo
Mitsui
Trust
Holdings,
Inc
15,046
172,364
Suruga
Bank
Ltd
729
72,397
Svenska
Handelsbanken
AB
644
42,140
Swedbank
AB
(A
Shares)
775
113,170
Sydbank
AS
5,372
2,665,102
Taichung
Commercial
Bank
Co
Ltd
1,210
4,501,956
Taishin
Financial
Holdings
Co
Ltd
2,498
2,445,312
Taiwan
Business
Bank
1,001
4,249,192
Taiwan
Cooperative
Financial
Holding
Co
Ltd
3,372
47,203
TBC
Bank
Group
plc
1,719
245,000
Thanachart
Capital
PCL
336
22,893,900
(a)
TMB
Bank
PCL
(Foreign)
1,079
116,343
Toho
Bank
Ltd
219
18,900
Tokyo
Kiraboshi
Financial
Group,
Inc
569
107,364
TOMONY
Holdings,
Inc
331
1,799,290
(b)
Toronto-Dominion
Bank
108,401
44,070
Towne
Bank
1,011
1,068,686
Truist
Financial
Corp
30,575
48,910
(b)
TrustCo
Bank
Corp
NY
1,335
293,532
Trustmark
Corp
6,378
5,312,493
Turkiye
Is
Bankasi
(Series
C)
4,975
487,047
(c)
Ujjivan
Small
Finance
Bank
Ltd
316
3,373,321
(c)
Unicaja
Banco
S.A.
3,618
1,699,428
UniCredit
S.p.A
40,491
1,806,353
Union
Bank
Of
Taiwan
745
132,390
United
Bankshares,
Inc
3,653
1,154,217
United
Overseas
Bank
Ltd
24,040
117,400
Univest
Financial
Corp
2,040
13,289
Valiant
Holding
AG.
1,376
145,030
Van
Lanschot
Kempen
NV
3,890
235,575
Veritex
Holdings,
Inc
4,229
4,157,666
Virgin
Money
UK
plc
8,502
635,093
(a),(d)
VTB
Bank
PJSC
(GDR)
Equiduct
6
664,707
(a),(d)
VTB
Bank
PJSC
(GDR)
Tradegate
7
904,530
Warba
Bank
KSCP
540
81,900
Washington
Trust
Bancorp,
Inc
2,156
11,038,969
Wells
Fargo
&
Co
451,052
249,180
WesBanco,
Inc
6,085
39,790
Westamerica
Bancorporation
1,721
3,230,226
Westpac
Banking
Corp
43,665
241,130
Wintrust
Financial
Corp
18,205
258,299
Woori
Financial
Group,
Inc
2,342
238,960
WSFS
Financial
Corp
8,722
160,399
Yamaguchi
Financial
Group,
Inc
1,404
1,417,348
Yapi
ve
Kredi
Bankasi
952
5,355,780
(a)
Yes
Bank
Ltd
1,111
TOTAL
BANKS
6,870,940
CREF
Stock
Account
September
30,
2023
12
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
CAPITAL
GOODS
-
8.0%
593,056
3M
Co
$
55,522
2,279
3M
India
Ltd
873
93,321
A.O.
Smith
Corp
6,171
81,716
Aalberts
Industries
NV
2,982
47,800
(a)
AAR
Corp
2,846
8,700
(a),(b)
Abalance
Corp
196
800,975
ABB
Ltd
28,589
46,807
ABB
Ltd
India
2,306
1,380,349
Aboitiz
Equity
Ventures,
Inc
1,224
459,749
AcBel
Polytech,
Inc
623
296,008
Accelleron
Industries
AG.
7,673
19,015
Ackermans
&
Van
Haaren
2,873
10,873
ACS
Actividades
de
Construccion
y
Servicios
S.A.
391
86,000
Acter
Co
Ltd
436
28,149
Action
Construction
Equipment
Ltd
233
6,628
Acuity
Brands,
Inc
1,129
145,812
Adani
Enterprises
Ltd
4,223
214,284
(b)
AddTech
AB
3,420
14,985
(b)
ADENTRA,
Inc
338
51,676
Advanced
Drainage
Systems,
Inc
5,882
25,000
Advanced
Energy
Solution
Holding
Co
Ltd
496
42,827
AECC
Aero-Engine
Control
Co
Ltd
126
144,252
AECC
Aviation
Power
Co
Ltd
735
117,371
Aecom
Technology
Corp
9,746
56,439
(b)
Aecon
Group,
Inc
472
190,753
(a)
AerCap
Holdings
NV
11,954
42,690
(a)
Aerovironment,
Inc
4,761
216,060
(a)
AerSale
Corp
3,228
39,954
(b)
AFG
Arbonia-Forster
Hldg
366
15,108
(b)
AG.
Growth
International,
Inc
592
13,839
AGCO
Corp
1,637
34,797
AIA
Engineering
Ltd
1,469
87,400
Aichi
Corp
585
119,841
Aida
Engineering
Ltd
803
78,251
Air
Lease
Corp
3,084
1,262,718
Airbus
SE
169,013
118,226
Airtac
International
Group
3,592
17,469
Aker
ASA
(A
Shares)
1,073
13,300
Alamo
Group,
Inc
2,299
141,918
Alarko
Holding
AS.
639
14,900
Albany
International
Corp
(Class
A)
1,286
14,361
Alfa
Laval
AB
492
2,454,500
(b)
Alfa
S.A.
de
C.V.
(Class
A)
1,597
18,163
(a),(b),(c)
Alfen
,NV
767
107,912
(c)
Alimak
Group
AB
657
252,966
(b)
Allegion
plc
26,359
2,357,300
Alliance
Global
Group,
Inc
513
175,169
Allison
Transmission
Holdings,
Inc
10,345
95,573
Alstom
RGPT
2,271
41,396
Alstom
T&D
India
Ltd
221
260,250
Alta
Equipment
Group,
Inc
3,139
2,007,900
Amada
Co
Ltd
20,186
486,420
Amara
Raja
Batteries
Ltd
3,728
793,875
Ametek,
Inc
117,303
121,348
Andritz
AG.
6,115
29,823
(a)
Antares
Vision
S.p.A
108
12,665
Apar
Industries
Ltd
833
792,701
(a)
API
Group
Corp
20,555
59,640
Apogee
Enterprises,
Inc
2,808
204,866
Applied
Industrial
Technologies,
Inc
31,674
2,896
Arad
Investment
&
Industrial
Development
Ltd
321
13
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
363,081
Arcosa,
Inc
$
26,106
91,400
Armac
Locacao
Logistica
E
Servicos
S.A.
233
93,279
Armstrong
World
Industries,
Inc
6,716
571,906
(a)
Array
Technologies,
Inc
12,691
164,100
Asahi
Glass
Co
Ltd
5,751
907,387
Aselsan
Elektronik
Sanayi
Ve
Ticaret
AS
1,349
606,315
Ashok
Leyland
Ltd
1,289
2,295,284
Ashtead
Group
plc
139,192
37,919
Ashtrom
Group
Ltd
517
971,383
Assa
Abloy
AB
21,107
26,350
Astec
Industries,
Inc
1,241
29,633
Astra
Industrial
Group
696
345,777
Astral
Ltd
7,940
172,775
(a)
Atkore,
Inc
25,776
77,474
Atlas
Copco
AB
906
2,114,985
Atlas
Copco
AB
28,406
126,174
(a)
ATS
Corp
5,379
277,939
Austal
Ltd
336
726,037
AviChina
Industry
&
Technology
Co
Ltd
344
22,959
AVICOPTER
plc
119
52,760
(a)
Axon
Enterprise,
Inc
10,499
99,741
Ayala
Corp
1,098
2,215
(a),(d)
Ayala
Corp
Preferred
0^
172,783
(a)
AZEK
Co,
Inc
5,139
495,410
(a)
Babcock
&
Wilcox
Enterprises,
Inc
2,086
193,036
(a)
Babcock
International
Group
970
106,902
(b)
Badger
Infrastructure
Solutions
Ltd
2,730
2,991,945
BAE
Systems
plc
36,358
148,428
(a),(d)
Bajel
Projects
Ltd
209
488,467
Balfour
Beatty
plc
1,913
193,892
(a),(b)
Ballard
Power
Systems,
Inc
714
118,897
Barloworld
Ltd
545
20,521
Bawan
Co
180
9,895
BayWa
AG.
352
35,360
(a)
Beacon
Roofing
Supply,
Inc
2,729
416,718
(b)
Beijer
Ref
AB
4,384
18,400
Beijing
Easpring
Material
Technology
Co
Ltd
106
83,712
Beijing
New
Building
Materials
plc
346
29,870
Beijing
United
Information
Technology
Co
Ltd
136
19,764
Belimo
Holding
AG.
9,380
17,973
BEML
Ltd
501
1,252,000
BES
Engineering
Corp
421
430,382
Bharat
Dynamics
Ltd
5,333
3,251,384
Bharat
Electronics
Ltd
5,402
860,702
Bharat
Heavy
Electricals
Ltd
1,353
242,905
(b)
Bidvest
Group
Ltd
3,500
72,820
(a)
Bien
Yapi
Urunleri
Sanayi
Turizm
ve
Ticaret
AS.
171
7,105
(b)
Biesse
S.p.A.
83
106,937
Bizlink
Holding,
Inc
897
139,990
(a)
Blue
Bird
Corp
2,989
94,596
Blue
Star
Ltd
995
1,485,306
(c)
BOC
Aviation
Ltd
10,348
164,485
Bodycote
plc
1,309
1,858,517
(a)
Boeing
Co
356,241
72,490
Boise
Cascade
Co
7,469
71,595
(a),(b)
Bombardier,
Inc
2,496
19,230
Bonheur
ASA
403
4,715
Bossard
Holding
AG.
1,034
207,710
Bouygues
S.A.
7,262
612,334
Brenntag
SE
47,380
335,000
Brighton-Best
International
Taiwan,
Inc
350
5,496
Bucher
Industries
AG.
2,097
CREF
Stock
Account
September
30,
2023
14
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
11,157
Budimex
S.A.
$
1,107
23,827
Bufab
AB
599
140,415
(a)
Builders
FirstSource,
Inc
17,480
36,700
Bunka
Shutter
Co
Ltd
271
409,525
Bunzl
plc
14,585
13,611
Burckhardt
Compression
Holding
AG.
7,407
15,199
Burkhalter
Holding
AG.
1,454
18,628
BWX
Technologies,
Inc
1,397
1,170
(b)
Bystronic
AG.
726
90,746
(a)
Cadeler
A.S.
309
377,280
(a)
CAE,
Inc
8,808
19,965
Carbone
Lorraine
795
31,515
(c)
Carel
Industries
S.p.A
754
32,151
Cargotec
Corp
(B
Shares)
1,344
10,317
Carlisle
Cos,
Inc
2,675
4,891,586
Carrier
Global
Corp
270,016
617,619
Caterpillar,
Inc
168,610
15,400
Central
Glass
Co
Ltd
305
5,180
Cera
Sanitaryware
Ltd
531
112,817
(a),(b)
Ceres
Power
Holdings
plc
432
249,537
CG
Power
&
Industrial
Solutions
Ltd
1,326
1,049,700
CH
Karnchang
PCL
599
228,334
(a),(b)
ChargePoint
Holdings,
Inc
1,135
1,066,001
Chemring
Group
plc
3,609
874,000
Chicony
Power
Technology
Co
Ltd
3,102
534,300
(a)
Chin
Hin
Group
Bhd
457
290,000
China
Aircraft
Leasing
Group
Holdings
Ltd
143
96,122
China
Baoan
Group
Co
Ltd
137
1,210,000
China
Communications
Services
Corp
Ltd
508
593,074
China
Conch
Venture
Holdings
Ltd
505
257,800
China
CSSC
Holdings
Ltd
985
2,048,200
China
Energy
Engineering
Corp
Ltd
635
2,738,000
(a)
China
High
Speed
Transmission
Equipment
Group
Co
Ltd
787
299,000
China
Lesso
Group
Holdings
Ltd
159
144,700
China
National
Chemical
Engineering
Co
Ltd
155
594,018
China
Railway
Group
Ltd
-
A
558
3,773,000
China
Railway
Group
Ltd
-
H
1,940
754,000
China
State
Construction
Development
Holdings
Ltd
224
1,067,300
China
State
Construction
Engineering
Corp
Ltd
811
1,658,000
China
State
Construction
International
Holdings
Ltd
1,742
331,300
China
XD
Electric
Co
Ltd
220
138,545
(a),(b)
Chiyoda
Corp
351
6,392
Chosun
Refractories
Co
Ltd
35
107,300
Chudenko
Corp
1,732
300,000
Chung-Hsin
Electric
&
Machinery
Manufacturing
Corp
1,000
612,000
CIMC
Enric
Holdings
Ltd
532
23,750
(a)
CIRCOR
International,
Inc
1,324
2,603,517
Citic
Pacific
Ltd
2,383
12,952,000
Citic
Resources
Holdings
Ltd
578
8,955
CJ
Corp
594
2,281,086
CK
Hutchison
Holdings
Ltd
12,110
41,593
CKD
Corp
572
1,775,383
(b)
CNH
Industrial
NV
21,482
50,791
CNH
Industrial
NV
617
433,500
CNPC
Capital
Co
Ltd
393
41,554
(c)
Cochin
Shipyard
Ltd
542
6,123
Colt
CZ
Group
SE
148
48,254
Columbus
McKinnon
Corp
1,685
250,356
Comfort
Systems
USA,
Inc
42,663
43,060
(a)
Commercial
Vehicle
Group,
Inc
334
2,736,697
Compagnie
de
Saint-Gobain
163,792
94,717
COMSYS
Holdings
Corp
1,980
15
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
38,364
Construcciones
y
Auxiliar
de
Ferrocarriles
S.A.
$
1,197
11,220
(a)
Construction
Partners,
Inc
410
2,328,548
Contemporary
Amperex
Technology
Co
Ltd
65,043
239,000
Continental
Holdings
Corp
199
179,634
(a)
Core
&
Main,
Inc
5,182
583,900
COSCO
SHIPPING
Development
Co
Ltd
191
4,762
Craftsman
Automation
Ltd
265
59,779
Crane
Co
5,311
26,089
Crane
NXT
Co
1,450
38,617
(a)
Creative
&
Innovative
System
285
21,361
CS
Wind
Corp
861
472,000
(a)
CSBC
Corp
Taiwan
335
500,000
CTCI
Corp
611
120,444
Cummins
India
Ltd
2,455
28,954
Cummins,
Inc
6,615
153,085
Curtiss-Wright
Corp
29,948
30,600
(a),(b)
Custom
Truck
One
Source,
Inc
190
25,393
(a)
CW
Enerji
Muhendislik
Ticaret
VE
Sanayi
AS.
335
11,539
Daelim
Industrial
Co
362
6,047
(b)
Daetwyler
Holding
AG.
1,158
162,077
(a)
Daewoo
Engineering
&
Construction
Co
Ltd
505
171,397
(b)
Daewoo
International
Corp
9,005
19,001
(a)
Daewoo
Shipbuilding
&
Marine
Engineering
Co
Ltd
434
135,400
Daifuku
Co
Ltd
2,556
16,548
Daihen
Corp
560
2,589
Daiho
Corp
68
435,577
Daikin
Industries
Ltd
68,286
1,039,068
Daimler
Truck
Holding
AG.
35,977
23,900
Daiwa
Industries
Ltd
221
21,800
Dajin
Heavy
Industry
Co
Ltd
78
9,046
(b)
Danieli
&
Co
S.p.A.
257
112,759
Danieli
&
Co
S.p.A.
(RSP)
2,353
26,742
Dassault
Aviation
S.A.
5,037
14,928
Data
Patterns
India
Ltd
377
22,330
Dawonsys
Co
Ltd
275
107,797
DCC
plc
6,035
536,056
Deere
&
Co
202,297
216,932
Deutz
AG.
955
309,349
Diploma
plc
11,294
83,309
DiscoverIE
Group
plc
689
26,394
DL
E&C
Co
Ltd
608
2,507,100
DMCI
Holdings,
Inc
461
96,722
Donaldson
Co,
Inc
5,768
150,529
Dongfang
Electric
Corp
Ltd
323
48,678
Doosan
Bobcat,
Inc
1,837
6,655
Doosan
Corp
557
40,304
(a)
Doosan
Engine
Co
Ltd
264
38,176
(a)
Doosan
Fuel
Cell
Co
Ltd
569
384,108
(a)
Doosan
Heavy
Industries
and
Construction
Co
Ltd
4,671
325,806
Doosan
Infracore
Co
Ltd
2,558
135,510
Douglas
Dynamics,
Inc
4,090
1,101,653
Dover
Corp
153,692
392,953
(a),(d)
Drake
&
Scull
International
PJSC
1
5,776
Dredging
Environmental
&
Marine
Engineering
NV
634
1,556,435
Dubai
Investments
PJSC
1,047
44,455
Duerr
AG.
1,203
49,120
(a)
DXP
Enterprises,
Inc
1,716
1
(a)
Dycom
Industries,
Inc
0^
4,087,800
Dynasty
Ceramic
PCL
191
1,922,345
Eaton
Corp
plc
409,998
77,000
Ebara
Corp
3,603
5,947
(a),(b)
Ebusco
Holding
NV
29
CREF
Stock
Account
September
30,
2023
16
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
1,120,000
E-Commodities
Holdings
Ltd
$
207
42,051
(b)
Ecopro
BM
Co
Ltd
7,855
3,648
Eiffage
S.A.
346
29,108
Elbit
Systems
Ltd
5,769
8,947
Elco
Ltd
264
39,412
Elecon
Engineering
Co
Ltd
366
1,737
Electra
Israel
Ltd
668
25,218
Electrical
Industries
Co
276
4,365,771
Electrocomponents
plc
38,991
192,233
Electrolux
Professional
AB
991
157,618
Elgi
Equipments
Ltd
967
513,503
ElSewedy
Electric
Co
391
11,691,700
(a)
Embraer
S.A.
40,054
65,228
EMCOR
Group,
Inc
13,723
5,558
Energiekontor
AG.
451
147,853
Enerpac
Tool
Group
Corp
3,908
39,800
EnerSys
3,768
37,823
(b)
Engcon
AB
257
228,293
Engineers
India
Ltd
404
48,146
(a)
Enplus
Co
Ltd
216
151,110
EnPro
Industries,
Inc
18,313
32,710
Epiroc
AB
621
19,356
Epiroc
AB
310
107,948
Esab
Corp
7,580
12,833
ESAB
India
Ltd
781
124,418
ESCO
Technologies,
Inc
12,994
26,341
Escorts
Kubota
Ltd
1,008
607,332
(a)
Estithmar
Holding
QPSC
354
59,468
(a),(b)
Eurogroup
Laminations
S.p.A
263
54,893
(a)
Europower
Enerji
VE
Otomasyon
Teknolojileri
Sanayi
Ticaret
AS.
467
101,707
Eve
Energy
Co
Ltd
632
78,000
Evergreen
Aviation
Technologies
Corp
256
167,100
Fangda
Carbon
New
Material
Co
Ltd
132
210,780
Fanuc
Ltd
5,482
2,627,631
Far
Eastern
Textile
Co
Ltd
2,343
26,798
(a)
Farasis
Energy
Gan
Zhou
Co
Ltd
74
433,620
Fastenal
Co
23,693
55,352
Federal
Signal
Corp
3,306
194,515
Ferguson
plc
32,011
156,958
Ferguson
plc
25,815
556,636
Ferrovial
SE
17,009
443,723
(a),(b)
Fincantieri
S.p.A
221
395,596
Finning
International,
Inc
11,668
573,920
Finolex
Cables
Ltd
7,730
420,000
First
Tractor
Co
Ltd
213
1,782,590
Fletcher
Building
Ltd
5,011
1,178,481
Flowserve
Corp
46,868
405,647
FLSmidth
&
Co
AS
18,284
82,925
(b)
Fluidra
S.A.
1,692
583,548
(a)
Fluor
Corp
21,416
811
(b)
Forbo
Holding
AG.
988
571,124
Fortive
Corp
42,355
96,467
Fortune
Brands
Innovations,
Inc
5,996
98,000
Fortune
Electric
Co
Ltd
824
2,377,508
(b)
Fosun
International
1,497
71,520
FTAI
Aviation
Ltd
2,543
349,033
(a)
Fugro
NV
5,351
112,500
(a)
Fuji
Electric
Holdings
Co
Ltd
5,067
366,045
Fuji
Machine
Manufacturing
Co
Ltd
5,679
556,778
Fujikura
Ltd
4,474
51,339
(b)
Fujitec
Co
Ltd
1,183
11,139
Fukushima
Galilei
Co
Ltd
361
20,256
Furukawa
Co
Ltd
227
58,444
Furukawa
Electric
Co
Ltd
931
17
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
17,934
(a)
G
R
Infraprojects
Ltd
$
261
1,566,985
Gamuda
BHD
1,478
23,773
Garden
Reach
Shipbuilders
&
Engineers
Ltd
240
80,340
(a)
Gates
Industrial
Corp
plc
933
7,615
GEA
Group
AG.
281
1,659
Geberit
AG.
827
43,618
GEK
Group
of
Cos
S.A.
607
99,964
(a)
Generac
Holdings,
Inc
10,892
133,907
General
Dynamics
Corp
29,589
667,535
Genuit
Group
plc
2,672
23,032
(a)
Geolit
Energy
Co
Ltd
175
172,174
Georg
Fischer
AG.
9,669
44,413
(a)
Gibraltar
Industries,
Inc
2,998
13,501
Giken
Seisakusho
Co,
Inc
181
14,300
Ginlong
Technologies
Co
Ltd
154
116,629
(a)
Girisim
Elektrik
Taahhut
Ticaret
Ve
Sanayi
AS.
447
33,556
Glory
Ltd
669
106,566
GMM
Pfaudler
Ltd
2,386
39,902
(a)
GMS,
Inc
2,553
51,213
(a)
Godrej
Industries
Ltd
351
25,600
Gongniu
Group
Co
Ltd
365
6,318
GoodWe
Technologies
Co
Ltd
115
20,450
Gorman-Rupp
Co
673
82,127
Gotion
High-tech
Co
Ltd
262
34,099
Graco,
Inc
2,485
158,907
Grafton
Group
plc
1,753
49,541
Graphite
India
Ltd
293
1,600,780
Greaves
Cotton
Ltd
2,659
2,882,000
(c)
Greentown
Management
Holdings
Co
Ltd
2,081
88,100
Griffon
Corp
3,495
44,532
Grindwell
Norton
Ltd
1,113
520,793
(b)
Grupo
Carso
S.A.
de
C.V.
(Series
A1)
3,815
130,199
(b)
Grupo
Rotoplas
SAB
de
C.V.
188
56,409
GS
Engineering
&
Construction
Corp
587
44,366
GS
Holdings
Corp
1,309
52,854
GS
Yuasa
Corp
941
79,980
GT
Capital
Holdings,
Inc
804
16,100
Guangzhou
Great
Power
Energy
&
Technology
Co
Ltd
73
88,232
Gulf
Cables
&
Electrical
Industries
Group
Co.
KSCP
335
48,989
(a),(b),(c)
GVS
S.p.A
265
616,497
Haitian
International
Holdings
Ltd
1,301
4,838
(a)
Hana
Technology
Co
Ltd
395
325,668
Hangzhou
Steam
Turbine
Power
Group
Co
Ltd
346
44,979
Hanwa
Co
Ltd
1,426
29,715
Hanwha
Corp
527
13,757
Hanwha
Corp
141
500,585
Hanwha
Systems
Co
Ltd
4,544
1,828,000
Harbin
Power
Equipment
555
44,400
Harmonic
Drive
Systems,
Inc
984
206,914
Havells
India
Ltd
3,452
101,891
(a)
Hayward
Holdings,
Inc
1,437
123,436
Hazama
Ando
Corp
963
84,247
HBL
Power
Systems
Ltd
270
9,754
HD
Hyundai
Construction
Equipment
Co
Ltd
528
17,951
HD
Hyundai
Electric
Co
Ltd
882
18,534
(a)
HD
Hyundai
Heavy
Industries
Co
Ltd
1,662
28,827
HDC
Hyundai
Development
Co-Engineering
&
Construction
218
9,493
HEG
Ltd
197
55,079
HEICO
Corp
8,919
60,613
HEICO
Corp
(Class
A)
7,832
222,410
(a)
Heidelberger
Druckmaschinen
284
71,750
(a)
Hellenic
Technodomiki
Tev
S.A.
159
186,069
Hensoldt
AG.
5,486
104,697
(a)
Hexagon
Composites
ASA
268
CREF
Stock
Account
September
30,
2023
18
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
130,028
(a)
Hexagon
Purus
ASA
$
168
135,269
(b)
Hexatronic
Group
AB
548
64,023
Hexcel
Corp
4,170
10,368
HG
Infra
Engineering
Ltd
117
1,497,679
(a)
Hillman
Solutions
Corp
12,356
154,474
Hindustan
Aeronautics
Ltd
3,579
18,211
Hindware
Home
Innovation
Ltd
121
243,900
Hino
Motors
Ltd
930
8,200
Hirata
Corp
410
199,900
(a)
Hitachi
Construction
Machinery
Co
Ltd
6,066
8,699
Hitachi
Energy
India
Ltd
429
1,702,391
(a)
Hitachi
Ltd
105,510
1,133,220
Hitachi
Zosen
Corp
6,346
233,643
Hiwin
Technologies
Corp
1,476
19,574
Hochtief
AG.
1,974
2,573,930
Honeywell
International,
Inc
475,508
25,385
Hongfa
Technology
Co
Ltd
117
92,100
Hoshizaki
Corp
3,197
40,978
Hosken
Consolidated
Investments
Ltd
431
2,269,554
Howden
Joinery
Group
plc
20,307
812,768
Howmet
Aerospace,
Inc
37,591
3,394
Hoymiles
Power
Electronics,
Inc
128
21,631
Hoyuan
Green
Energy
Co
Ltd
124
2,285,000
(a),(d)
Hsin
Chong
Group
Holdings
Ltd
3
438,139
Hubbell,
Inc
137,317
23,232
Huber
&
Suhner
AG.
1,675
54,734
Huntington
Ingalls
Industries,
Inc
11,197
382,903
(b)
Husqvarna
AB
(B
Shares)
2,922
16,845
(a)
Hydro
Lithium,
Inc
166
5,369
Hyosung
Corp
246
3,921
(a)
Hyosung
Heavy
Industries
Corp
494
19,287
Hyundai
Elevator
Co
Ltd
626
67,902
Hyundai
Engineering
&
Construction
Co
Ltd
1,822
37,475
(a)
Hyundai
Heavy
Industries
3,080
10,144
(a)
Hyundai
Mipo
Dockyard
622
64,547
(a)
Hyundai
Rotem
Co
Ltd
1,326
26,477
Idec
Corp
525
15,433
IDEX
Corp
3,210
21,770
(a)
IES
Holdings,
Inc
1,434
4,658,400
IJM
Corp
BHD
1,842
225,709
Illinois
Tool
Works,
Inc
51,983
59,939
IMCD
NV
7,578
636,667
IMI
plc
12,115
17,042
Implenia
AG.
559
118,236
Inaba
Denki
Sangyo
Co
Ltd
2,557
35,398
Inabata
&
Co
Ltd
741
24,348
(c)
IndiaMart
InterMesh
Ltd
841
17,231
Indus
Holding
AG.
366
25,964
(b)
Industrie
De
Nora
S.p.A
444
1,336,841
Industries
Qatar
QSC
5,038
298,187
Indutrade
AB
5,507
146,325
INFRONEER
Holdings,
Inc
1,514
18,513
Ingersoll
Rand
India
Ltd
653
878,056
(b)
Ingersoll
Rand,
Inc
55,950
2,803,600
(a),(d)
Inovisi
Infracom
Tbk
PT
0^
241,095
(a)
InPost
S.A.
2,795
222,080
Instalco
AB
659
78,157
Interpump
Group
S.p.A.
3,575
572
Interroll
Holding
AG.
1,562
159,624
Investment
AB
Latour
2,806
37,281
INVISIO
AB
673
124,468
Inwido
AB
1,251
113,000
Iochpe-Maxion
S.A.
308
1,255,664
IRB
Infrastructure
Developers
Ltd
476
19
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
208,430
(c)
IRCON
International
Ltd
$
362
13,337
IS
Dongseo
Co
Ltd
283
24,857
ISGEC
Heavy
Engineering
Ltd
217
118,000
(b)
Ishikawajima-Harima
Heavy
Industries
Co
Ltd
2,473
15,000
(a),(b)
Ispace,
Inc
142
368,011
(a),(b)
ITM
Power
plc
339
1,009,449
(b)
Itochu
Corp
36,455
401,711
ITT,
Inc
39,332
144,227
(a)
Iveco
Group
NV
1,344
1,066,317
Jamna
Auto
Industries
Ltd
1,499
1,198,124
(a)
Janus
International
Group,
Inc
12,820
9,132
Japan
Pulp
&
Paper
Co
Ltd
298
49,161
Japan
Steel
Works
Ltd
911
83,500
Jardine
Cycle
&
Carriage
Ltd
1,947
134,736
Jardine
Matheson
Holdings
Ltd
6,244
23,600
JDC
Corp
105
7,782
(a)
Jeio
Co
Ltd
144
573,276
(a)
JELD-WEN
Holding,
Inc
7,659
2,056,956
JG
Summit
Holdings
(Series
B)
1,382
322,400
JGC
Corp
4,480
74,804
Jiangsu
Hengli
Hydraulic
Co
Ltd
656
194,918
Jiangsu
Zhongtian
Technology
Co
Ltd
398
50,900
(a)
Jiangxi
Special
Electric
Motor
Co
Ltd
62
179,580
Johns
Lyng
Group
Ltd
750
812,492
Johnson
Controls
International
plc
43,233
15,401
(c)
JOST
Werke
SE
738
4,812
Judges
Scientific
plc
518
39,955
Jungheinrich
AG.
1,195
77,647
Jupiter
Wagons
Ltd
306
2,673
(b)
Kaba
Holding
AG.
1,312
65,457
Kajaria
Ceramics
Ltd
1,041
359,850
Kajima
Corp
5,858
66,804
Kalpataru
Projects
International
Ltd
507
10,750
Kaman
Corp
211
163,900
Kanamoto
Co
Ltd
2,878
314,701
Kandenko
Co
Ltd
2,898
72,500
Kanematsu
Corp
1,002
12,045
(a)
Kangwon
Energy
Co
Ltd
171
65,000
Kaori
Heat
Treatment
Co
Ltd
598
2,404,554
KAP
Ltd
305
42,361
Kardex
Holding
AG.
9,236
14,400
Katakura
Industries
Co
Ltd
168
128,700
Kawasaki
Heavy
Industries
Ltd
3,114
7,294
KCC
Glass
Corp
221
106,168
KEC
International
Ltd
845
44,100
Keda
Industrial
Group
Co
Ltd
70
48,229
KEI
Industries
Ltd
1,537
85,000
Keihan
Electric
Railway
Co
Ltd
2,256
141,651
Keller
Group
plc
1,298
13,622
(a),(b)
Kempower
Oyj
700
143,000
Kenmec
Mechanical
Engineering
Co
Ltd
285
6,320
Kennametal
India
Ltd
203
11,837
KEPCO
Engineering
&
Construction
Co,
Inc
565
1,239,027
Keppel
Corp
Ltd
6,153
425,820
(a)
Kier
Group
plc
597
267,835
(a)
Kiler
Holding
AS.
372
287,971
Kinden
Corp
4,188
7,676
Kingspan
Group
plc
573
83,000
Kinik
Co
398
206,037
KION
Group
AG.
7,881
18,681
Kirloskar
Brothers
Ltd
188
22,735
Kirloskar
Pneumatic
Co
Ltd
181
245,700
Kitz
Corp
1,699
241,836
Kloeckner
&
Co
AG.
1,744
CREF
Stock
Account
September
30,
2023
20
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
682,067
Knorr-Bremse
AG.
$
43,241
134,623
KNR
Constructions
Ltd
460
656,146
KOC
Holding
AS
3,507
886,759
Komatsu
Ltd
23,917
3,231
(b)
Komax
Holding
AG
742
314,840
Kone
Oyj
(Class
B)
13,267
238,194
Konecranes
Oyj
7,896
284,647
Kongsberg
Gruppen
ASA
11,731
608,746
Koninklijke
BAM
Groep
NV
1,291
74,538
Kontrolmatik
Enerji
Ve
Muhendislik
AS.
905
63,957
Korea
Aerospace
Industries
Ltd
2,309
4,002
Korea
Electric
Terminal
Co
Ltd
151
498,641
(a)
Kornit
Digital
Ltd
9,429
945,353
(a)
Kratos
Defense
&
Security
Solutions,
Inc
14,199
11,349
Krones
AG.
1,168
9,687
KSB
Ltd
348
113,176
Kuang-Chi
Technologies
Co
Ltd
224
861,209
Kubota
Corp
12,669
26,204
Kumagai
Gumi
Co
Ltd
618
63,000
Kung
Long
Batteries
Industrial
Co
Ltd
257
88,300
Kurita
Water
Industries
Ltd
3,073
18,310
Kvutzat
Acro
Ltd
183
24,454
Kyokuto
Kaihatsu
Kogyo
Co
Ltd
288
77,255
(b)
Kyowa
Exeo
Corp
1,583
34,122
Kyudenko
Corp
1,068
3,812
Kyung
Dong
Navien
Co
Ltd
123
110,174
L3Harris
Technologies,
Inc
19,183
3,506
Lakshmi
Machine
Works
Ltd
614
599,583
Larsen
&
Toubro
Ltd
21,785
13,244
Legrand
S.A.
1,217
35,790
Lennox
International,
Inc
13,401
341,965
Leonardo
S.p.A.
4,926
82,347
LG
Corp
5,119
40,075
(a)
LG
Energy
Solution
Ltd
14,133
254,639
Lifco
AB
4,454
29,928
LIG
Nex1
Co
Ltd
1,946
37,710
(a)
Limbach
Holdings,
Inc
1,197
11,388
Lincoln
Electric
Holdings,
Inc
2,070
62,857
Lindab
International
AB
918
68,951
(a),(b)
Lion
Electric
Co
131
16,460
LISI
387
243,014
LIXIL
Group
Corp
2,824
427,500
(b)
LK
Technology
Holdings
Ltd
423
155,222
Lockheed
Martin
Corp
63,480
6,221,000
Lonking
Holdings
Ltd
1,085
14,638
LS
Cable
Ltd
1,099
11,703
LS
Electric
Co
Ltd
810
1,539,800
LT
Group,
Inc
245
8,582
LU-VE
S.p.A
196
14,737
Luxfer
Holdings
plc
192
34,405
LX
Holdings
Corp
191
20,292
LX
INTERNATIONAL
CORP
429
82,908
(b)
Maas
Group
Holdings
Ltd
176
122,932
Mabuchi
Motor
Co
Ltd
3,669
133,353
Maire
Tecnimont
S.p.A
546
18,239
Makino
Milling
Machine
Co
Ltd
796
189,747
Makita
Corp
4,679
2,025,200
Malaysian
Resources
Corp
Bhd
198
11,755
Manitou
BF
S.A.
282
461,000
Marcopolo
S.A.
534
1,226,316
Marubeni
Corp
19,116
17,000
MARUKA
FURUSATO
Corp
305
753,831
Masco
Corp
40,292
153,636
(a)
Masonite
International
Corp
14,322
21
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
47,677
(a)
Mastec,
Inc
$
3,431
199,970
(a)
Masterbrand,
Inc
2,430
20,900
Max
Co
Ltd
383
1,326
MBB
SE
106
7,840
McGrath
RentCorp
786
304,923
(a)
MDA
Ltd
2,588
154,814
MDU
Resources
Group,
Inc
3,031
1,733,250
(b)
MECOM
Power
and
Construction
Ltd
99
128,771
Meidensha
Corp
1,932
5,990
Meier
Tobler
Group
AG.
263
1,995,179
Melrose
Industries
plc
11,373
467,003
Metallurgical
Corp
of
China
Ltd
235
61,500
METAWATER
Co
Ltd
767
724,744
Metso
Outotec
Oyj
7,600
10,854
(a)
Middleby
Corp
1,389
38,094
Mie
Kotsu
Group
Holdings,
Inc
145
92,000
Mills
Estruturas
e
Servicos
de
Engenharia
S.A.
222
307,200
Minebea
Co
Ltd
5,005
115,600
Ming
Yang
Smart
Energy
Group
Ltd
250
375,962
MIRAIT
ONE
corp
4,942
240,700
MISUMI
Group,
Inc
3,748
1,026,403
Mitsubishi
Corp
48,908
2,149,800
Mitsubishi
Electric
Corp
26,560
272,662
Mitsubishi
Heavy
Industries
Ltd
15,208
29,800
Mitsubishi
Logisnext
Co
Ltd
272
22,050
(b)
Mitsuboshi
Belting
Co
Ltd
676
1,412,326
Mitsui
&
Co
Ltd
51,225
72,800
Miura
Co
Ltd
1,463
71,357
Monadelphous
Group
Ltd
644
5,058,770
MonotaRO
Co
Ltd
53,932
49,315
(a),(c)
Montana
Aerospace
AG.
607
216,778
Morgan
Crucible
Co
plc
646
36,552
Morgan
Sindall
plc
912
96,944
Mori
Seiki
Co
Ltd
1,645
96,100
Morita
Holdings
Corp
1,023
75,771
Mota
Engil
SGPS
S.A.
274
640,455
(a)
MRC
Global,
Inc
6,565
35,068
MSC
Industrial
Direct
Co
(Class
A)
3,442
13,325
(a)
MTAR
Technologies
Ltd
406
75,462
MTU
Aero
Engines
Holding
AG.
13,667
190,550
Mueller
Industries,
Inc
14,322
3,350,526
(a)
Multiply
Group
PJSC
3,650
366,003
(c)
Munters
Group
AB
4,695
66,494
(a)
MYR
Group,
Inc
8,961
91,917
Mytilineos
Holdings
S.A.
3,383
529,700
Nabtesco
Corp
9,532
11,933
Nachi-Fujikoshi
Corp
320
78,400
Nagase
&
Co
Ltd
1,232
456,619
NARI
Technology
Co
Ltd
1,389
1,587,456
National
Industries
Group
Holding
SAK
1,028
48,835
Nava
Bharat
Ventures
Ltd
265
9,261,465
NBCC
India
Ltd
6,516
64,556
(b)
NCC
AB
(B
Shares)
698
3,919,827
NCC
Ltd
7,301
1,380,436
(a)
NEL
ASA
1,072
21,532
Nexans
S.A.
1,746
135,700
(a)
NEXTracker,
Inc
5,450
71,189
NFI
Group,
Inc
677
51,500
NGK
Insulators
Ltd
683
1,654,669
Nibe
Industrier
AB
10,818
42,940
Nichias
Corp
880
10,300
Nichiden
Corp
171
22,145
Nichiha
Corp
435
91,800
Nidec
Corp
4,239
CREF
Stock
Account
September
30,
2023
22
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
142,967
Nikkiso
Co
Ltd
$
968
7,711
(a)
Nilfisk
Holding
A.S.
135
17,480
Ningbo
Deye
Technology
Co
Ltd
186
31,900
Ningbo
Orient
Wires
&
Cables
Co
Ltd
174
15,213
Ningbo
Ronbay
New
Energy
Technology
Co
Ltd
88
13,500
Nippon
Carbon
Co
Ltd
411
29,959
Nippon
Densetsu
Kogyo
Co
Ltd
439
15,500
Nippon
Road
Co
Ltd
195
26,165
(b)
Nishimatsu
Construction
Co
Ltd
649
18,900
Nishio
Rent
All
Co
Ltd
446
100,531
Nisshinbo
Industries,
Inc
747
48,700
Nitta
Corp
1,081
21,200
(b)
Nitto
Boseki
Co
Ltd
494
19,835
(b)
Nitto
Kogyo
Corp
475
44,150
(a)
NKT
Holding
AS
2,300
149,360
Nolato
AB
611
96,566
(a)
Nordex
AG.
1,185
43,350
Nordson
Corp
9,674
5,183
Noritake
Co
Ltd
215
20,251
Noritsu
Koki
Co
Ltd
450
21,631
Noritz
Corp
229
24,405
Norma
Group
SE
451
81,200
North
Industries
Group
Red
Arrow
Co
Ltd
164
246,446
Northrop
Grumman
Corp
108,483
1,290,664
(a)
NOW,
Inc
15,320
341,248
NRW
Holdings
Ltd
591
325,500
NSK
Ltd
1,830
357,961
(b)
NTN
Corp
681
1,396,168
nVent
Electric
plc
73,983
1,246,000
NWS
Holdings
Ltd
1,416
45,446
Obara
Corp
1,172
552,400
Obayashi
Corp
4,861
176,576
(b)
OC
Oerlikon
Corp
AG.
748
53,421
Oiles
Corp
717
21,567
(b)
Okuma
Holdings,
Inc
947
21,500
Okumura
Corp
646
33,784
Olectra
Greentech
Ltd
487
6,850
Omega
Flex,
Inc
539
23,648
Organo
Corp
663
70,506
OSG
Corp
829
68,501
Oshkosh
Corp
6,537
9
OSRAM
Licht
AG.
0^
228,154
Otis
Worldwide
Corp
18,323
34,450
(a)
Otokar
Otomotiv
Ve
Savunma
Sanayi
A.S.
458
212,464
Owens
Corning,
Inc
28,982
121,078
(a),(b)
OX2
AB
575
512,520
PACCAR,
Inc
43,574
11,801
Palfinger
AG.
278
532,998
Parker-Hannifin
Corp
207,613
177,600
(a)
Parsons
Corp
9,653
166,909
(a)
Patel
Engineering
Ltd
103
161,877
Peab
AB
(Series
B)
664
149,642
Pentair
plc
9,689
1,411,800
Pentamaster
Corp
Bhd
1,552
223,546
Penta-Ocean
Construction
Co
Ltd
1,329
16,734
People
&
Technology,
Inc
759
40,043
Per
Aarsleff
Holding
A.S.
1,835
3,051
Pfeiffer
Vacuum
Technology
AG.
472
181,890
(a)
PGT
Innovations,
Inc
5,047
232,000
(a)
Phihong
Technology
Co
Ltd
424
400,132
(a),(b)
Plug
Power,
Inc
3,041
93,136
PNC
Infratech
Ltd
410
24,133
PNE
AG.
335
28,112
Porr
AG.
349
23
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
19,210
Powell
Industries,
Inc
$
1,592
439,569
Power
Construction
Corp
of
China
Ltd
323
4,286
Power
Mech
Projects
Ltd
216
41,388
(a),(b)
PowerCell
Sweden
AB
202
3,397,000
(a)
PP
Persero
Tbk
PT
166
81,990
Praj
Industries
Ltd
578
18,250
Primoris
Services
Corp
597
40,560
(a)
Prince
Pipes
&
Fittings
Ltd
340
13,035
Prysmian
S.p.A.
523
7,928,200
(a)
PSG
Corp
PCL
174
5,884
Pylon
Technologies
Co
Ltd
106
1,852,740
QinetiQ
plc
7,176
672,420
(a)
Qua
Granite
Hayal
162
119,507
Quanta
Services,
Inc
22,356
265,435
Rail
Vikas
Nigam
Ltd
540
6,816
(a)
Rainbow
Robotics
850
155,800
Raito
Kogyo
Co
Ltd
2,150
146,500
Randon
S.A.
Implementos
e
Participacoes
340
440,401
Ras
Al
Khaimah
Ceramics
312
5,594
Rational
AG.
3,539
21,418
(a)
RBC
Bearings,
Inc
5,015
372,000
(a),(b)
Realord
Group
Holdings
Ltd
265
190,893
Reece
Ltd
2,272
50,675
Regal-Beloit
Corp
7,240
632,710
Reliance
Worldwide
Corp
Ltd
1,572
55,568
Renew
Holdings
plc
485
138,535
Reunert
Ltd
440
1,226,486
Rexel
S.A.
27,481
86,647
Rheinmetall
AG.
22,290
43,443
Richelieu
Hardware
Ltd
1,272
1,682
(b)
Rieter
Holding
AG.
156
31,051
Riyadh
Cables
Group
Co
571
45,200
Riyue
Heavy
Industry
Co
Ltd
99
32,192
Rockwell
Automation,
Inc
9,203
457
Rockwool
International
AS
(B
Shares)
110
8,419
(a)
Rolex
Rings
Ltd
223
9,072,870
(a)
Rolls-Royce
Holdings
plc
24,310
2,246,426
Rotork
plc
8,510
2,766,273
RTX
Corp
199,089
35,000
Ruentex
Engineering
&
Construction
Co
109
168,950
Run
Long
Construction
Co
Ltd
481
377,559
Rush
Enterprises,
Inc
(Class
A)
15,416
53,124
Russel
Metals,
Inc
1,487
86,750
Saab
AB
(Class
B)
4,415
351,635
(b)
Sacyr
Vallehermoso
S.A.
1,032
547,901
Safran
S.A.
85,861
13,478
Salcef
Group
S.p.A
314
181,700
Sam
Engineering
&
Equipment
M
Bhd
173
146,849
(a)
Sambu
Construction
Co
Ltd
342
69,656
Samsung
C&T
Corp
5,554
139,121
(a)
Samsung
Engineering
Co
Ltd
3,113
562,017
(a)
Samsung
Heavy
Industries
Co
Ltd
3,260
15,242
Samsung
Techwin
Co
Ltd
1,180
2,436,137
Sandvik
AB
44,826
259,200
Sanki
Engineering
Co
Ltd
2,812
150,041
Sanwa
Shutter
Corp
1,991
1,058,000
Sany
Heavy
Equipment
International
Holdings
Co
Ltd
1,667
454,257
Sany
Heavy
Industry
Co
Ltd
992
8,100
Sanyo
Denki
Co
Ltd
370
280,528
Sarkuysan
Elektrolitik
Bakir
Sanayi
ve
Ticaret
AS.
409
30,905
Saudi
Ceramic
Co
234
43,936
(b)
Savaria
Corp
459
150,804
Schindler
Holding
AG.
30,040
143,820
Schindler
Holding
AG.
(Registered)
27,672
CREF
Stock
Account
September
30,
2023
24
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
24,395
(a)
Schneider
Electric
Infrastructure
Ltd
$
107
629,632
Schneider
Electric
S.A.
103,758
828
(b)
Schweiter
Technologies
AG.
528
15,977
(a)
Scope
Metals
Group
Ltd
502
24,995
(b)
Sekisui
Jushi
Corp
398
37,673,904
(a)
SembCorp
Marine
Ltd
3,684
7,304
Semperit
AG.
Holding
132
57,294
Sensata
Technologies
Holding
plc
2,167
131,987
Seven
Group
Holdings
Ltd
2,629
12,236
SFA
Engineering
Corp
286
14,689
SFS
Group
AG.
1,602
50,102
(a),(b)
SGL
Carbon
AG.
349
36,500
Shandong
Himile
Mechanical
Science
&
Technology
Co
Ltd
176
264,727
Shanghai
Construction
Group
Co
Ltd
100
830,803
Shanghai
Electric
Group
Co
Ltd
533
387,800
Shanghai
Highly
Group
Co
Ltd
121
321,000
Shanghai
Industrial
Holdings
Ltd
402
129,300
Shanghai
Mechanical
and
Electrical
Industry
Co
Ltd
130
24,100
Shanghai
Moons'
Electric
Co
Ltd
229
224,100
Shanghai
Waigaoqiao
Free
Trade
Zone
Group
Co
Ltd
164
141,900
Shanxi
Coal
International
Energy
Group
Co
Ltd
366
121,795
Shapir
Engineering
and
Industry
Ltd
822
67,140
Shenzhen
Inovance
Technology
Co
Ltd
614
32,200
Shenzhen
Kstar
Science
And
Technology
Co
Ltd
127
148,136
Shibaura
Machine
Co
Ltd
4,082
28,400
Shibuya
Corp
476
193,000
Shihlin
Electric
&
Engineering
Corp
691
272,024
(a)
Shikun
&
Binui
Ltd
735
16,200
(b)
Shima
Seiki
Manufacturing
Ltd
194
469,900
Shimizu
Corp
3,264
548,000
Shin
Zu
Shing
Co
Ltd
1,363
79,884
Shinko
Plantech
Co
Ltd
776
43,500
Shinmaywa
Industries
Ltd
371
35,408
SHO-BOND
Holdings
Co
Ltd
1,391
62,700
Shuangliang
Eco-Energy
Systems
Co
Ltd
91
29,400
(a)
Sichuan
New
Energy
Power
Co
Ltd
48
395,360
Sichuan
Road
and
Bridge
Group
Co
Ltd
469
1,425,322
Siemens
AG.
203,691
1,069,912
Siemens
Energy
AG.
13,944
77,952
Siemens
India
Ltd
3,441
32,700
Sieyuan
Electric
Co
Ltd
232
651,195
(a)
SIG
plc
285
412,524
(c)
Signify
NV
11,069
2,219,259
Sime
Darby
BHD
1,043
1,762,804
Singapore
Technologies
Engineering
Ltd
5,031
193,900
Sinoma
International
Engineering
Co
301
2,607,500
Sinopec
Engineering
Group
Co
Ltd
1,172
1,096,500
Sino-Thai
Engineering
&
Construction
PCL
282
679,500
Sinotruk
Hong
Kong
Ltd
1,307
33,786
(a)
SiteOne
Landscape
Supply,
Inc
5,522
96,366
SK
Networks
Co
Ltd
435
21,677
(a)
SK
oceanplant
Co
Ltd
295
32,193
SK,
Inc
3,481
16,887
Skanska
AB
(B
Shares)
277
16,914
SKF
AB
(B
Shares)
281
22,570
SKF
India
Ltd
1,389
100,978
SM
Investments
Corp
1,504
33,928
SMC
Corp
15,209
2,246,958
Smiths
Group
plc
44,238
46,862
Snap-On,
Inc
11,953
145,930
(b)
SNC-Lavalin
Group,
Inc
4,868
193,402
Sojitz
Holdings
Corp
4,237
13,550
Solar
Holdings
AS
(B
Shares)
910
21,523
(a)
Soltec
Power
Holdings
S.A.
70
25
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
11,012
SPG
Co
Ltd
$
335
80,542
Spirax-Sarco
Engineering
plc
9,323
79,495
Spirit
Aerosystems
Holdings,
Inc
(Class
A)
1,283
402,319
(a)
SPX
Technologies,
Inc
32,749
20,462
Stabilus
SE
1,143
49,993
(b)
Stadler
Rail
AG.
1,946
121,167
Stanley
Black
&
Decker,
Inc
10,127
100,892
(b)
Stantec,
Inc
6,546
62,366
Star
Micronics
Co
Ltd
782
5,480,900
(a)
STARK
Corp
PCL
1
4,088
(b)
Steico
SE
114
55,655
(a)
Sterling
and
Wilson
Renewable
241
1,155,761
(b)
Storskogen
Group
AB
835
50,125
Sulzer
AG.
4,781
888,177
Sumitomo
Corp
17,726
63,697
Sumitomo
Densetsu
Co
Ltd
1,181
229,900
Sumitomo
Heavy
Industries
Ltd
5,822
106,237
Sumitomo
Mitsui
Construction
Co
Ltd
292
1,188,000
(a)
Sun
King
Technology
Group
Ltd
236
76,270
Sungrow
Power
Supply
Co
Ltd
935
157,000
Sunonwealth
Electric
Machine
Industry
Co
Ltd
567
159,935
(a),(b)
Sunrun,
Inc
2,009
50,163
Sunwoda
Electronic
Co
Ltd
116
2,444,500
(a),(b),(d)
Superb
Summit
International
Group
Ltd
3
9,940
Suzhou
Maxwell
Technologies
Co
Ltd
173
5,979,704
(a)
Suzlon
Energy
Ltd
1,851
178,393
Sweco
AB
1,664
561,625
Ta
Ya
Electric
Wire
&
Cable
670
77,022
Tadano
Ltd
653
43,266
(a)
Taihan
Electric
Wire
Co
Ltd
388
7,343
Taihei
Dengyo
Kaisha
Ltd
200
18,353
Taikisha
Ltd
554
144,541
Taisei
Corp
5,087
937,000
Taiwan
Glass
Industrial
Corp
555
11,439
Takamatsu
Corp
204
36,364
(b)
Takara
Standard
Co
Ltd
450
91,641
Takasago
Thermal
Engineering
Co
Ltd
1,780
230,100
Takeuchi
Manufacturing
Co
Ltd
7,524
56,700
Takuma
Co
Ltd
586
48,667
(b),(c)
Talgo
S.A.
181
1,277,000
(a)
Tatung
Co
Ltd
1,757
75,000
Taurus
Armas
S.A.
240
277,375
TBEA
Co
Ltd
565
38,565
TD
Power
Systems
Ltd
120
40,882
Techno
Electric
&
Engineering
Co
Ltd
248
1,171,469
Techtronic
Industries
Co
11,309
969,000
Teco
Electric
and
Machinery
Co
Ltd
1,562
9,186
Tega
Industries
Ltd
103
109,417
Tekfen
Holding
AS
214
32,030
Tennant
Co
2,375
232,249
Terex
Corp
13,382
59,250
Textron,
Inc
4,630
74,304
Thales
S.A.
10,443
4,210,000
(a),(b)
Theme
International
Holdings
Ltd
349
34,237
Thermax
Ltd
1,280
243,519
(a)
Thermon
Group
Holdings,
Inc
6,689
98,200
(a)
THK
Co
Ltd
1,793
6,566,900
Thoresen
Thai
Agencies
PCL
1,100
12,950
Timken
Co
952
24,981
Timken
India
Ltd
930
44,957
Titagarh
Rail
System
Ltd
421
257,054
(a)
Titan
Machinery,
Inc
6,832
74,646
Titan
Wind
Energy
Suzhou
Co
Ltd
132
31,574
(e)
TK
Corp
420
CREF
Stock
Account
September
30,
2023
26
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
33,122
TKH
Group
NV
$
1,309
10,000
Toa
Corp/Tokyo
251
77,811
Tocalo
Co
Ltd
708
183,756
Toda
Corp
994
4,615
Toenec
Corp
131
90,400
TOKAI
Holdings
Corp
560
66,902
Tokyu
Construction
Co
Ltd
349
2,370
(a)
Top
Material
Co
Ltd
94
21,390
Toro
Co
1,777
189,950
Toromont
Industries
Ltd
15,470
15,877
Totetsu
Kogyo
Co
Ltd
312
112,950
Toto
Ltd
2,915
235,203
Toyo
Construction
Co
Ltd
1,916
11,100
Toyo
Tanso
Co
Ltd
402
124,800
Toyota
Industries
Corp
9,824
180,000
Toyota
Tsusho
Corp
10,587
1,003,040
Trane
Technologies
plc
203,527
47,050
(a)
TransDigm
Group,
Inc
39,669
179,528
Travis
Perkins
plc
1,835
511,838
Trelleborg
AB
(B
Shares)
12,717
82,285
(a)
Trex
Co,
Inc
5,071
799,450
(a)
Triumph
Group,
Inc
6,124
184,000
(a),(b)
Triumph
New
Energy
Co
Ltd
119
1,134,263
(a)
Triveni
Turbine
Ltd
5,973
31,567
(b)
Troax
Group
AB
447
35,910
Trusco
Nakayama
Corp
588
94,290
Tsubakimoto
Chain
Co
2,440
32,500
Tsugami
Corp
252
67,800
Tupy
S.A.
367
20,651
Turk
Traktor
ve
Ziraat
Makineleri
AS
664
1,150,748
Turkiye
Sise
ve
Cam
Fabrikalari
AS
2,289
12,012
TY
Holdings
Co
Ltd
54
185,533
Tyman
plc
654
51,510
UFP
Industries,
Inc
5,275
10,000
Union
Tool
Co
259
133,000
United
Integrated
Services
Co
Ltd
938
209,128
United
Rentals,
Inc
92,972
45,603
Uponor
Oyj
1,369
75,700
Ushio,
Inc
919
328,800
(a)
UWC
BHD
259
66,307
(a)
V2X,
Inc
3,425
129,505
(b)
Valmet
Oyj
2,957
15,861
(a),(b)
Varta
AG.
300
29,485
(c)
VAT
Group
AG.
10,522
177,837
Veidekke
ASA
1,623
606,700
Ventia
Services
Group
Pty
Ltd
1,098
25,500
Veritiv
Corp
4,307
595,617
Vertiv
Holdings
Co
22,157
453,813
Vestas
Wind
Systems
A.S.
9,709
95,999
(a)
Vestum
AB
39
5,614
Vesuvius
India
Ltd
211
204,603
Vesuvius
plc
1,081
240,026
V-Guard
Industries
Ltd
888
892,025
Vinci
S.A.
98,686
395,997
Volex
plc
1,520
3,617
Voltamp
Transformers
Ltd
195
166,293
Voltas
Ltd
1,725
56,000
Voltronic
Power
Technology
Corp
2,758
166,503
Volution
Group
plc
735
9,939
Volvo
AB
(A
Shares)
206
332,496
Volvo
AB
(B
Shares)
6,849
7,879
Vossloh
AG.
329
27
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
197,941
W.W.
Grainger,
Inc
$
136,943
587,810
Wabash
National
Corp
12,415
94,964
Wacker
Construction
Equipment
AG.
1,933
103,000
Waffer
Technology
Corp
470
66,500
Wakita
&
Co
Ltd
624
2,429,848
Walsin
Lihwa
Corp
2,775
470,087
Wartsila
Oyj
(B
Shares)
5,328
9,448,700
(a),(d)
Waskita
Karya
Persero
Tbk
PT
93
25,465
(b)
Watsco,
Inc
9,619
336,749
Webuild
SpA
597
1,424,250
WEG
S.A.
10,277
834,709
Weichai
Power
Co
Ltd
1,131
218,186
Weichai
Power
Co
Ltd
(Class
A)
375
1,070,220
Weir
Group
plc
24,727
310,330
WESCO
International,
Inc
44,632
1,125,377
Westinghouse
Air
Brake
Technologies
Corp
119,594
3,505,300
(a)
Wijaya
Karya
Persero
Tbk
PT
104
149,308
(a)
WillScot
Mobile
Mini
Holdings
Corp
6,210
59,750
Wilson
Bayly
Holmes-Ovcon
Ltd
393
89,443
Woodward
Inc
11,114
8,118
(a)
W-Scope
Chungju
Plant
Co
Ltd
311
113,208
(b)
WSP
Global,
Inc
15,978
17,660
(a)
XANO
Industri
AB
129
677,038
XCMG
Construction
Machinery
Co
Ltd
592
204,711
Xiamen
C
&
D,
Inc
279
159,367
Xinjiang
Goldwind
Science
&
Technology
Co
Ltd
-
A
201
1,407,578
Xinyi
Glass
Holdings
Co
Ltd
1,814
13,988
XP
Power
Ltd
400
102,300
Xxentria
Technology
Materials
Corp
240
101,929
Xylem,
Inc
9,279
25,780
YAMABIKO
Corp
248
66,670
Yamazen
Corp
524
7,272,200
Yangzijiang
Shipbuilding
Holdings
Ltd
8,815
36,511
Yankey
Engineering
Co
Ltd
297
52,800
Yaskawa
Electric
Corp
1,901
165,274
(a),(c)
Yellow
Cake
plc
1,129
82,179
Yokogawa
Bridge
Holdings
Corp
1,534
13,552
Yuasa
Trading
Co
Ltd
374
2,369
Yunsung
F&C
Co
Ltd
298
55,500
Yurtec
Corp
356
19,598
Zehnder
Group
AG.
1,149
24,900
Zhefu
Holding
Group
Co
Ltd
13
119,663
Zhejiang
Chint
Electrics
Co
Ltd
383
19,792
Zhejiang
Dingli
Machinery
Co
Ltd
143
46,500
Zhejiang
Sanhua
Intelligent
Controls
Co
Ltd
190
79,151
Zhejiang
Weixing
New
Building
Materials
Co
Ltd
198
117,200
Zhengzhou
Yutong
Bus
Co
Ltd
213
38,825
Zhuzhou
CRRC
Times
Electric
Co
Ltd
212
498,300
Zhuzhou
CSR
Times
Electric
Co
Ltd
1,721
117,700
Zhuzhou
Kibing
Group
Co
Ltd
133
493,539
Zoomlion
Heavy
Industry
Science
and
Technology
Co
Ltd
-
A
464
TOTAL
CAPITAL
GOODS
8,730,193
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
1.2%
154,100
(a)
ACV
Auctions,
Inc
2,339
254,188
Adecco
S.A.
10,440
15,020
Aeon
Delight
Co
Ltd
331
202,938
AFRY
AB
2,376
1,190,837
(a)
Aker
Carbon
Capture
ASA
1,252
185,783
(a)
Aker
Horizons
Holding
AS.
79
1,320,122
(a)
Alight,
Inc
9,360
82,890
Alpha
Financial
Markets
Consulting
plc
349
CREF
Stock
Account
September
30,
2023
28
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
380,518
ALS
Ltd
$
2,795
6,771
(b)
Amadeus
Fire
AG
799
26,600
Ambipar
Participacoes
e
Empreendimentos
S
109
231,665
(b)
APM
Human
Services
International
ltd
273
111,889
Applus
Services
S.A.
1,171
312,950
Arcadis
NV
14,041
163,260
(a)
ASGN,
Inc
13,335
339,869
Automatic
Data
Processing,
Inc
81,766
25,230
Barrett
Business
Services,
Inc
2,277
772,200
BayCurrent
Consulting,
Inc
25,732
33,462
(c)
Befesa
S.A.
1,020
27,600
(b)
Bell
System24
Holdings,
Inc
292
66,800
Benefit
One,
Inc
482
4,149
Bertrandt
AG.
193
25,189
Bilfinger
Berger
AG.
861
61,500
Binjiang
Service
Group
Co
Ltd
137
85,236
BLS
International
Services
Ltd
256
65,113
Booz
Allen
Hamilton
Holding
Corp
7,115
62,900
Boyd
Group
Services,
Inc
11,185
1,222,852
Brambles
Ltd
11,234
166,187
(c)
Bravida
Holding
AB
1,223
260,700
(a)
BrightView
Holdings,
Inc
2,020
26,750
Brink's
Co
1,943
15,719
Brunel
International
NV
216
322,366
Bureau
Veritas
S.A.
7,993
10,973
Calian
Group
Ltd
412
1,553,645
(a)
Capita
Group
plc
323
81,358
Caverion
Oyj
741
200,240
(a)
CECO
Environmental
Corp
3,198
4,558
Cewe
Stiftung
&
Co
KGAA
424
1,069,000
(a),(b)
China
Conch
Environment
Protection
Holdings
Ltd
229
1,680,085
China
Everbright
Environment
Group
Ltd
577
9,400
(a)
Cimpress
plc
658
61,560
Cintas
Corp
29,611
357,370
(a),(b)
Clarivate
plc
2,398
71,000
Cleanaway
Co
Ltd
388
1,819,492
Cleanaway
Waste
Management
Ltd
2,834
50,986
CMS
Info
Systems
Ltd
214
25,590
Computer
Age
Management
Services
Ltd
772
620,723
Computershare
Ltd
10,344
22,712
Concentrix
Corp
1,819
197,840
(a)
Conduent,
Inc
688
226,468
(c)
Coor
Service
Management
Holding
AB
920
650,820
(a)
Copart,
Inc
28,044
259,640
(a)
CoStar
Group,
Inc
19,964
1,320,000
(a),(b),(d)
CT
Environmental
Group
Ltd
2
1,417,700
CTOS
Digital
Bhd
422
187,400
Dai
Nippon
Printing
Co
Ltd
4,876
32,700
(a)
Daiei
Kankyo
Co
Ltd
461
34,965
Daiseki
Co
Ltd
935
4,454
Danel
Adir
Yeoshua
Ltd
366
319,556
Derichebourg
1,606
28,564
dip
Corp
703
30,939
DKSH
Holding
AG.
2,093
5,455
DO
&
CO
AG.
599
544,284
Downer
EDI
Ltd
1,435
48,213
(a)
Driven
Brands
Holdings,
Inc
607
208,788
Dun
&
Bradstreet
Holdings,
Inc
2,086
33,398
Duskin
Co
Ltd
724
451,000
Dynagreen
Environmental
Protection
Group
Co
Ltd
136
18,137
eClerx
Services
Ltd
393
8,914
Ecopro
HN
Co
Ltd
469
29
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
30,000
ECOVE
Environment
Corp
$
295
611,163
Elis
S.A.
10,734
22,920
en-japan,
Inc
356
155,018
Ennis,
Inc
3,289
41,573
Equifax,
Inc
7,615
598,095
(a)
ExlService
Holdings,
Inc
16,771
1,105,125
Experian
Group
Ltd
36,146
29,016
Fila
S.p.A
229
108,403
(a),(c),(d)
Finablr
plc
1
311,087
Firstsource
Solutions
Ltd
626
26,799
(a),(b)
Fiverr
International
Ltd
656
853,200
Frontken
Corp
Bhd
571
25,556
(a)
FTI
Consulting,
Inc
4,559
14,265
Fullcast
Co
Ltd
179
28,454
Funai
Soken
Holdings,
Inc
496
11,303
(a),(b)
GDI
Integrated
Facility
Services,
Inc
320
210,990
GFL
Environmental,
Inc
6,700
5,914
GL
Events
102
274,200
(c)
GPS
Participacoes
e
Empreendimentos
S.A.
938
146,151
(a)
Harsco
Corp
1,055
1,318,722
Hays
plc
1,749
730,470
Healthcare
Services
Group
7,619
130,630
Herman
Miller,
Inc
3,194
46,160
(a)
Huron
Consulting
Group,
Inc
4,808
121,807
ICF
International,
Inc
14,716
185,745
Indian
Railway
Catering
&
Tourism
Corp
Ltd
1,520
3,210,900
Infomart
Corp
8,610
42,012
(b)
Insource
Co
Ltd
291
41,260
Insperity,
Inc
4,027
14,062
(a)
Insun
ENT
Co
Ltd
80
176,286
Intertek
Group
plc
8,816
60,317
(b)
Intrum
Justitia
AB
352
70,870
ION
Exchange
India
Ltd
441
174,441
IPH
Ltd
826
246,188
ISS
A.S.
3,782
15,800
JAC
Recruitment
Co
Ltd
268
95,347
Jacobs
Solutions,
Inc
13,015
156,300
Japan
Elevator
Service
Holdings
Co
Ltd
2,289
1,577,900
Johnson
Service
Group
plc
2,606
102,627
KBR,
Inc
6,049
17,075
KEPCO
Plant
Service
&
Engineering
Co
Ltd
415
68,328
Kforce,
Inc
4,076
66,508
Kokuyo
Co
Ltd
1,054
14,700
Kosaido
Holdings
Co
Ltd
292
124,000
L&K
Engineering
Co
Ltd
452
41,370
(a)
Latent
View
Analytics
Ltd
204
423,056
(b)
Link
Administration
Holdings
Ltd
373
49,589
Link
And
Motivation,
Inc
144
83,693
Loomis
AB
2,252
32,564
(b)
Mader
Group
Ltd
133
19,869
Maharah
Human
Resources
Co
352
7,600
Management
Solutions
Co
Ltd
142
39,869
Manpower,
Inc
2,923
65,438
(a),(b)
Marlowe
plc
466
5,762
Matsuda
Sangyo
Co
Ltd
91
190,336
MAXIMUS,
Inc
14,214
47,042
McMillan
Shakespeare
Ltd
486
59,784
Meitec
Corp
1,081
263,651
Michael
Page
International
plc
1,348
28,520
(a),(b)
Mistras
Group,
Inc
155
1,121,247
Mitie
Group
1,399
27,844
Mitsubishi
Pencil
Co
Ltd
357
CREF
Stock
Account
September
30,
2023
30
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
152,080
(a)
Montrose
Environmental
Group,
Inc
$
4,450
28,297
MSA
Safety,
Inc
4,461
4,839,454
My
EG
Services
Bhd
818
23,660
NICE
Information
Service
Co
Ltd
173
434,370
Nihon
M&A
Center
Holdings,
Inc
2,088
12,700
Nippon
Kanzai
Holdings
Co
Ltd
218
153,211
Nippon
Parking
Development
Co
Ltd
218
226,748
Nomura
Co
Ltd
1,447
46,128
Okamura
Corp
697
48,847
Open
Up
Group,
Inc
599
40,700
(a)
Orizon
Valorizacao
de
Residuos
S.A.
298
100,009
Outsourcing,
Inc
772
107,600
Park24
Co
Ltd
1,363
14,600
Pasona
Group,
Inc
159
140,761
Paychex,
Inc
16,234
1,483,340
Persol
Holdings
Co
Ltd
2,409
23,042
Pilot
Corp
791
65,627
(b)
Prestige
International,
Inc
271
333,167
(c)
Prosegur
Cash
S.A.
206
560,002
Prosegur
Cia
de
Seguridad
S.A.
901
51,175
(c)
Quess
Corp
Ltd
257
511,006
(a),(b)
Raksul,
Inc
4,539
120,634
Randstad
Holdings
NV
6,665
165,294
(b)
RB
Global,
Inc
10,349
137,734
RB
Global,
Inc
8,608
3,655,971
Recruit
Holdings
Co
Ltd
111,854
2,215,933
RELX
plc
74,765
58,186
(a)
Renewi
plc
520
2,752,908
Rentokil
Initial
plc
20,439
92,695
Republic
Services,
Inc
13,210
170,672
RITES
Ltd
1,010
80,946
Robert
Half
International,
Inc
5,932
195,720
Rollins,
Inc
7,306
252,755
RWS
Holdings
plc
740
13,937
S1
Corp
(Korea)
585
25,152
Sato
Corp
355
165,553
Saudi
Airlines
Catering
Co
4,547
90,866
(a)
Sdiptech
AB
1,835
1,845
Seche
Environnement
S.A.
215
171,682
Secom
Co
Ltd
11,647
537,000
Securitas
AB
(B
Shares)
4,246
966,993
Serco
Group
plc
1,758
163,728
SGS
S.A.
13,741
48,935
Shanghai
M&G
Stationery,
Inc
245
100,500
(a),(d)
Shanghai
Youngsun
Investment
Co
Ltd
1
34,894
(a)
SIS
Ltd
181
177,441
Smart
Metering
Systems
plc
1,347
104,963
SmartGroup
Corp
Ltd
557
58,287
SMS
Co
Ltd
991
19,651
Societe
BIC
S.A.
1,296
316,500
Sohgo
Security
Services
Co
Ltd
1,910
11,510
(a)
SP
Plus
Corp
416
805,993
(b)
SPIE
S.A.
23,391
51,332
(b)
S-Pool,
Inc
164
63,000
Sporton
International,
Inc
494
112,112
Sthree
plc
508
2,211
(a)
Sungeel
Hitech
Co
Ltd
183
48,350
Sunny
Friend
Environmental
Technology
Co
Ltd
170
196,000
Taiwan
Secom
Co
Ltd
647
216,000
Taiwan-Sogo
Shinkong
Security
Corp
268
18,773
Takkt
AG.
255
10,648
(a)
TeamLease
Services
Ltd
333
31
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
979,354
TechnoPro
Holdings,
Inc
$
21,285
234,844
Teleperformance
29,486
56,568
(a),(b)
TELUS
International
CDA,
Inc
430
70,049
Tetra
Tech,
Inc
10,650
156,183
Thomson
Reuters
Corp
19,106
19,443
(b)
Tinexta
Spa
317
63,840
TKC
1,553
197,724
TOMRA
Systems
ASA
2,247
208,300
Toppan
Printing
Co
Ltd
4,983
18,261
(a)
Trans
Cosmos,
Inc/Japan
390
82,853
TransUnion
5,948
38,800
TRE
Holdings
Corp
313
128,977
(a)
TriNet
Group,
Inc
15,023
24,530
(a)
TrueBlue,
Inc
360
59,120
TTEC
Holdings,
Inc
1,550
631,620
(a)
Upwork,
Inc
7,175
26,099
UT
Group
Co
Ltd
389
371,100
Verisk
Analytics,
Inc
87,669
176,240
(a)
Viad
Corp
4,618
36,700
(a)
Visional,
Inc
1,846
7,790
VSE
Corp
393
401,640
Waste
Connections,
Inc
53,940
483,022
Waste
Management,
Inc
73,632
9,900
WDB
Holdings
Co
Ltd
135
22,000
Weathernews,
Inc
930
304,210
Wolters
Kluwer
NV
36,832
231,000
(a),(b),(d)
Youyuan
International
Holdings
Ltd
0^
74,060
Zhejiang
Weiming
Environment
Protection
Co
Ltd
180
50,000
(a)
Zonqing
Environmental
Ltd
168
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
1,305,171
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
4.5%
81,600
ABC-Mart,
Inc
1,467
316,820
(a)
Abercrombie
&
Fitch
Co
(Class
A)
17,859
22,145
(a),(b)
About
You
Holding
SE
124
2,758,342
Abu
Dhabi
National
Oil
Co
for
Distribution
PJSC
2,816
276,261
Academy
Sports
&
Outdoors,
Inc
13,059
286,095
Accent
Group
Ltd
358
7,414,600
ACE
Hardware
Indonesia
Tbk
PT
360
20,230
Adastria
Holdings
Co
Ltd
390
45,506
Advance
Auto
Parts,
Inc
2,545
94,574
Ali
Alghanim
Sons
Automotive
Co
KSCC
355
32,103,941
(a)
Alibaba
Group
Holding
Ltd
348,077
169,129
(a)
Alibaba
Group
Holding
Ltd
(ADR)
14,670
395,922
(a),(c)
Allegro.eu
S.A.
2,906
11,190
Alpen
Co
Ltd
145
85,510
AlSaif
Stores
For
Development
&
Investment
Co
188
18,207,990
(a)
Amazon.com,
Inc
2,314,600
360,504
American
Eagle
Outfitters,
Inc
5,988
399,863
(a)
AO
World
plc
417
124,700
(b)
AOKI
Holdings,
Inc
843
11,322
Arata
Corp
422
43,976
Arc
Land
Sakamoto
Co
Ltd
469
73,686
(a)
Aritzia,
Inc
1,282
120,506
Arko
Corp
862
57,317
Arvind
Fashions
Ltd
225
589,128
ASKUL
Corp
7,718
65,419
(a),(b)
ASOS
plc
305
450,000
Aurora
Design
PCL
218
82,297
(a),(c)
Auto1
Group
SE
525
113,388
Autobacs
Seven
Co
Ltd
1,200
17,740
(a),(b)
AutoCanada,
Inc
317
CREF
Stock
Account
September
30,
2023
32
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
14,190
Autohellas
Tourist
and
Trading
S.A.
$
196
38,677
(a)
Autonation,
Inc
5,856
14,305
(a)
Autozone,
Inc
36,335
1,570,042
B&M
European
Value
Retail
S.A.
11,199
33,132
(b),(c)
B&S
Group
Sarl
123
1,566,385
(a),(b)
Baozun,
Inc
(ADR)
4,856
962,221
Bapcor
Ltd
4,186
26,361
Bath
&
Body
Works,
Inc
891
30,005
(b)
Belluna
Co
Ltd
135
4,307,300
Bermaz
Auto
Bhd
2,282
157,218
Best
Buy
Co,
Inc
10,922
75,000
(b)
BIC
CAMERA,
Inc
554
375,140
Big
Lots,
Inc
1,917
53,507
(b)
Bilia
AB
520
936,644
(a),(b)
boohoo
Group
plc
360
41,443
(a),(b),(c)
Boozt
AB
343
537,000
(a),(b),(d)
Boshiwa
International
Holding
Ltd
1
168,760
Buckle,
Inc
5,635
38,550
Build-A-Bear
Workshop,
Inc
1,134
50,923,700
(a)
Bukalapak.com
PT
Tbk
716
195,137
(a)
Burlington
Stores,
Inc
26,402
47,710
(b)
Canadian
Tire
Corp
Ltd
5,130
81,298
Carasso
Motors
Ltd
348
119,979
(a)
Carmax,
Inc
8,486
1,147,893
(a)
CarParts.com,
Inc
4,729
119,900
Cato
Corp
(Class
A)
918
105,919
(a)
Ceconomy
AG
224
1,497,665
Central
Retail
Corp
PCL
1,589
165,526
(a)
Cettire
Ltd
304
568,629
China
Meidong
Auto
Holdings
Ltd
311
161,000
(b)
China
Tobacco
International
HK
Co
Ltd
229
75,800
(b),(c)
China
Tourism
Group
Duty
Free
Corp
Ltd
1,001
98,941
China
Tourism
Group
Duty
Free
Corp
Ltd
1,448
1,812,400
Chow
Tai
Fook
Jewellery
Group
Ltd
2,721
42,243
Clas
Ohlson
AB
(B
Shares)
452
531,000
Com7
PCL
(Foreign)
454
834,460
(a)
Coupang,
Inc
14,186
8,505
Cuckoo
Homesys
Co
Ltd
131
930,189
Currys
plc
548
83,846
DCM
Holdings
Co
Ltd
681
44,565
Delek
Automotive
Systems
Ltd
275
79,160
(b)
Designer
Brands,
Inc
1,002
23,430
Dieteren
S.A.
3,950
995,077
Dogan
Sirketler
Grubu
Holdings
485
45,901
Dogus
Otomotiv
Servis
ve
Ticaret
AS
448
768,632
Dohome
PCL
229
981,321
Dollarama,
Inc
67,611
331,548
Don
Quijote
Co
Ltd
6,958
15,500
Doshisha
Co
Ltd
231
164,261
(a)
Dufry
Group
6,236
102,268
Dunelm
Group
plc
1,310
126,922
Eagers
Automotive
Ltd
1,129
452,041
eBay,
Inc
19,930
59,278
(b)
EDION
Corp
586
7,146,100
Erajaya
Swasembada
Tbk
PT
209
109,796
(a)
Etsy,
Inc
7,091
128,467
(c)
Europris
ASA
716
553,000
Far
Eastern
Department
Stores
Co
Ltd
404
25,305
(a),(b)
Farfetch
Ltd
53
138,865
Fast
Retailing
Co
Ltd
30,247
5,899
(a),(b)
Fastned
BV
176
38,123
(a)
Fawaz
Abdulaziz
Al
Hokair
&
Co
212
33
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
19,918
Fielmann
AG.
$
859
7,997
(a)
Five
Below,
Inc
1,287
78,752
(a)
Floor
&
Decor
Holdings,
Inc
7,127
9,035
(b)
Fnac
Darty
SA
221
276,586
Foschini
Ltd
1,439
6,386
Fox
Wizel
Ltd
444
117,263
(a)
Frasers
Group
plc
1,150
339,464
(a),(b)
GameStop
Corp
(Class
A)
5,588
679,177
(b)
Gap,
Inc
7,220
29,429
Genuine
Parts
Co
4,249
44,300
Geo
Holdings
Corp
704
832,000
Giordano
International
Ltd
265
98,673
(a)
Global-e
Online
Ltd
3,921
21,560
(a)
Go
Fashion
India
Ltd
329
23,722,000
(a),(b)
GOME
Electrical
Appliances
Holdings
Ltd
166
3,709,389,300
(a)
GoTo
Gojek
Tokopedia
Tbk
PT
20,295
50,300
Grupo
SBF
S.A.
68
51,100
(b)
Gulliver
International
Co
Ltd
249
192,252
Halfords
Group
plc
465
116,725
(a)
Hanwha
Galleria
Co
Ltd
98
451,956
(b)
Harvey
Norman
Holdings
Ltd
1,120
32,058
(b)
Hennes
&
Mauritz
AB
(B
Shares)
455
17,400
Hikari
Tsushin,
Inc
2,650
1,156,871
Home
Depot,
Inc
349,560
4,588,667
Home
Product
Center
PCL
1,571
11,140
Hornbach
Holding
AG.
&
Co
KGaA
710
259,591
Hotai
Motor
Co
Ltd
5,276
27,190
Hotel
Shilla
Co
Ltd
1,702
196,200
Hour
Glass
Ltd
278
10,147
Hyundai
Department
Store
Co
Ltd
477
3,902
Hyundai
Home
Shopping
Network
Corp
121
1,713,085
Inchcape
plc
15,778
532,613
Industria
de
Diseno
Textil
S.A.
19,820
282,000
(b)
Isetan
Mitsukoshi
Holdings
Ltd
3,267
24,200
Izumi
Co
Ltd
641
205,800
J
Front
Retailing
Co
Ltd
2,106
505,393
Jarir
Marketing
Co
1,954
91,540
(b)
JB
Hi-Fi
Ltd
2,659
128,632
JD
Sports
Fashion
plc
234
5,635,830
JD.com,
Inc
81,995
11,142
JINS
Holdings,
Inc
238
8,720
Joshin
Denki
Co
Ltd
137
37,374
Joyful
Honda
Co
Ltd
439
100,633
JUMBO
S.A.
2,766
13,450
K
Car
Co
Ltd
108
21,287
(b)
Keiyo
Co
Ltd
117
94,549
Kingfisher
plc
257
5,500
(a)
Kintetsu
Department
Store
Co
Ltd
105
153
Kohl's
Corp
3
18,405
Kohnan
Shoji
Co
Ltd
480
26,452
(b)
Komeri
Co
Ltd
557
114,828
K's
Holdings
Corp
1,054
19,418
(b)
Leon's
Furniture
Ltd
263
20,649
Lithia
Motors,
Inc
(Class
A)
6,098
54,866
LKQ
Corp
2,716
786,180
Lojas
Renner
S.A.
2,096
10,077
Lotte
Shopping
Co
Ltd
532
49,465
Lovisa
Holdings
Ltd
611
1,232,998
Lowe's
Cos,
Inc
256,266
383,561
Luk
Fook
Holdings
International
Ltd
992
87,687,325
(a)
Magazine
Luiza
S.A.
36,983
21,770
(b),(c)
Maisons
du
Monde
S.A.
167
CREF
Stock
Account
September
30,
2023
34
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
6,895,000
Map
Aktif
Adiperkasa
PT
$
357
93,754
Matas
A.S.
1,296
107,093
Mekonomen
AB
931
15,797
(a)
Mercadolibre,
Inc
20,029
381,300
(a),(b)
Mercari,
Inc
8,204
84,000
MINISO
Group
Holding
Ltd
(ADR)
2,176
6,657,100
Mitra
Adiperkasa
Tbk
PT
784
52,308
(b)
Mobilezone
Holding
AG.
780
68,180
momo.com,
Inc
1,065
200,068
(a)
Moonpig
Group
plc
398
147,038
Motus
Holdings
Ltd
730
1,487,000
(c)
MR
DIY
Group
M
Bhd
478
221,311
Mr
Price
Group
Ltd
1,624
33,286
Murphy
USA,
Inc
11,375
24,045
Musti
Group
Oyj
457
8,300
Nafco
Co
Ltd
107
167,706
Naspers
Ltd
26,831
15,994
Next
plc
1,419
37,720
(b)
Nextage
Co
Ltd
575
60,965
Nick
Scali
Ltd
432
27,435
Nishimatsuya
Chain
Co
Ltd
299
66,043
Nitori
Co
Ltd
7,363
46,224
Nojima
Corp
404
249,451
(a)
ODP
Corp
11,512
242,509
(a)
Ollie's
Bargain
Outlet
Holdings,
Inc
18,717
46,984
(a)
O'Reilly
Automotive,
Inc
42,702
59,677
(a),(b),(d)
Ozon
Holdings
plc
(ADR)
1
659,000
Padini
Holdings
Bhd
554
38,256
Pal
Co
Ltd
496
725,015
PALTAC
Corp
22,711
15,000
Pan
German
Universal
Motors
Ltd
143
1,314,618
(a)
PDD
Holdings,
Inc
(ADR)
128,925
15,426
Penske
Auto
Group,
Inc
2,577
130,945
(a),(c)
Pepco
Group
NV
605
1,553,044
(c)
Pepkor
Holdings
Ltd
1,411
282,600
Pet
Center
Comercio
e
Participacoes
S.A.
265
33,477
(b)
Pet
Valu
Holdings
Ltd
601
61,628
(a),(b)
Petco
Health
&
Wellness
Co,
Inc
252
405,971
Pets
at
Home
Group
PLC
1,650
28,804
Pool
Corp
10,257
435,200
(c)
Pop
Mart
International
Group
Ltd
1,280
43,076
Poya
International
Co
Ltd
644
392,649
Premier
Investments
Ltd
6,263
1,670,142
(a)
Prosus
NV
49,212
720,600
PTG
Energy
PCL
(Foreign)
184
2,371,700
PTT
Oil
&
Retail
Business
PCL
1,216
33,436
Puuilo
Oyj
284
569,500
(a)
Rakuten,
Inc
2,340
390,088
(a)
RattanIndia
Enterprises
Ltd
266
38,676
(a),(b)
RealReal,
Inc
82
15,735
Retailors
Ltd
309
13,120
(a)
RH
3,468
184,802
Ross
Stores,
Inc
20,873
43,914
Rvrc
Holding
AB
155
355,200
Ryohin
Keikaku
Co
Ltd
4,594
1,273,831
(a)
SA
SA
International
Holdings
Ltd
167
741,304
SACI
Falabella
1,656
44,600
Sanrio
Co
Ltd
2,118
12,964
(a),(d)
Saregama
India
Ltd
14
23,904
Saudi
Automotive
Services
Co
415
20,302
Saudi
Co
For
Hardware
CJSC
168
89,260
(a)
Savers
Value
Village,
Inc
1,666
35
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
230,481
Seria
Co
Ltd
$
3,393
198,804
Shanghai
Yuyuan
Tourist
Mart
Group
Co
Ltd
203
32,200
Shimamura
Co
Ltd
3,182
6,141
Shinsegae
Co
Ltd
864
8,588
Shinsegae
International,
Inc
119
31,534
(a)
Shoppers
Stop
Ltd
260
28,122
(c)
Sleep
Country
Canada
Holdings,
Inc
482
39,646
(a),(b),(c)
SMCP
S.A.
160
67,600
Sonic
Automotive,
Inc
(Class
A)
3,229
830,500
(a),(b)
Stitch
Fix,
Inc
2,865
304,002
Super
Group
Ltd
531
273,149
Super
Retail
Group
Ltd
2,087
51,535
Synsam
AB
171
2,579
Tadiran
Group
Ltd
182
120,851
Takashimaya
Co
Ltd
1,770
12,869
Telepark
Corp
152
63,550
(a),(b)
Temple
&
Webster
Group
Ltd
244
1,561,622
(a),(b)
THG
plc
1,328
3,322,337
TJX
Cos,
Inc
295,289
38,927
(b)
Tokmanni
Group
Corp
540
15,046,489
(c)
Topsports
International
Holdings
Ltd
11,376
199,504
Tractor
Supply
Co
40,509
154,993
Trent
Ltd
3,874
299,436
(b)
Truworths
International
Ltd
1,210
65,762
(a)
Ulta
Beauty,
Inc
26,269
466,999
(b)
United
Arrows
Ltd
6,115
33,485
United
Electronics
Co
674
462,240
(a)
Urban
Outfitters,
Inc
15,111
176,400
USS
Co
Ltd
2,916
986,172
Vibra
Energia
S.A.
3,712
599,046
(a)
Vipshop
Holdings
Ltd
(ADR)
9,591
9,315
V-Mart
Retail
Ltd
221
49,488
VT
Holdings
Co
Ltd
169
179,600
(a)
Warby
Parker,
Inc
2,364
68,492
Warehouse
Group
Ltd
71
200,078
(a),(c)
Watches
of
Switzerland
Group
plc
1,303
62,347
(a)
Wayfair,
Inc
3,776
951,546
Wesfarmers
Ltd
32,204
548,116
WH
Smith
plc
8,949
187,602
Wickes
Group
plc
314
1,180,800
Wilcon
Depot,
Inc
459
48,818
(b)
Williams-Sonoma,
Inc
7,586
826,118
Woolworths
Holdings
Ltd
2,960
223,200
(b)
Workman
Co
Ltd
6,774
296,883
Wuchan
Zhongda
Group
Co
Ltd
193
342,000
Xinhua
Winshare
Publishing
and
Media
Co
Ltd
269
905,400
Yamada
Denki
Co
Ltd
2,784
111,233
Yellow
Hat
Ltd
1,411
763,929
(a),(c)
Zalando
SE
16,973
739,572
Zhongsheng
Group
Holdings
Ltd
2,071
97,100
(b)
ZOZO,
Inc
1,778
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
4,870,058
CONSUMER
DURABLES
&
APPAREL
-
1.9%
756,000
361
Degrees
International
Ltd
381
235,927
Adidas-Salomon
AG.
41,384
273,352
(a)
Aditya
Birla
Fashion
and
Retail
Ltd
704
107,255
Aksa
Akrilik
Kimya
Sanayii
AS.
402
139,809
Alaseel
Co
187
18,000
Alexander
Marine
Co
Ltd
210
1,277,040
(a)
Alok
Industries
Ltd
290
189,800
(a)
Alpargatas
S.A.
304
CREF
Stock
Account
September
30,
2023
36
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
13,762
(a)
Amber
Enterprises
India
Ltd
$
493
100,330
(a),(b)
AMMO,
Inc
203
1,103,955
Anta
Sports
Products
Ltd
12,353
60,800
Arezzo
Industria
e
Comercio
S.A.
786
53,161
Ariston
Holding
NV
347
134,573
Asics
Corp
4,686
86,990
(a)
Azorim-Investment
Development
&
Construction
Co
Ltd
312
148,428
Bajaj
Electricals
Ltd
1,967
48,374
Barratt
Developments
plc
259
52,226
Bata
India
Ltd
1,010
3,225
Beijing
Roborock
Technology
Co
Ltd
130
102,946
Bellway
plc
2,860
34,096
Beneteau
S.A.
412
5,284
Berkeley
Group
Holdings
plc
264
29,001
(a)
Borosil
Ltd
138
3,260,472
Bosideng
International
Holdings
Ltd
1,400
844,742
Bovis
Homes
Group
plc
9,345
81,473
(b)
Breville
Group
Ltd
1,144
33,016
(b)
BRP,
Inc
2,499
28,122
Brunello
Cucinelli
S.p.A
2,133
54,311
Brunswick
Corp
4,291
18,721
Burberry
Group
plc
434
7,422,431
Cairn
Homes
plc
8,564
7,014,843
Cairn
Homes
plc
8,138
803,102
(a)
Callaway
Golf
Co
11,115
58,262
(a)
Campus
Activewear
Ltd
203
49,461
(a),(b)
Canada
Goose
Holdings,
Inc
725
240,055
(a)
Capri
Holdings
Ltd
12,629
157,900
(a),(b)
Casio
Computer
Co
Ltd
1,322
40,205
(a)
CCC
S.A.
358
106,300
Chervon
Holdings
Ltd
318
481,000
China
Lilang
Ltd
226
23,800
Chofu
Seisakusho
Co
Ltd
333
249,357
Chow
Sang
Sang
Hldg
306
790,667
Cie
Financiere
Richemont
S.A.
96,290
956,000
(a)
Citychamp
Watch
&
Jewellery
Group
Ltd
144
1,327,535
Coats
Group
plc
1,187
40,339
Coway
Co
Ltd
1,231
189,907
Crest
Nicholson
Holdings
plc
402
106,110
(a)
Crocs,
Inc
9,362
2,184,546
Crompton
Greaves
Consumer
Electricals
Ltd
8,138
94,900
Cury
Construtora
e
Incorporadora
S.A.
307
230,500
Cyrela
Brazil
Realty
S.A.
930
18,200
(b)
Daiwa
Seiko,
Inc
246
8,575
Danya
Cebus
Ltd
225
19,873
(a)
Deckers
Outdoor
Corp
10,217
60,139
De'Longhi
S.p.A.
1,306
9,867
Delta
Galil
Ltd
382
28,602
Descente
Ltd
817
12,925
DI
Dong
Il
Corp
263
92,700
Direcional
Engenharia
S.A.
354
24,585
Dixon
Technologies
India
Ltd
1,562
237,605
DR
Horton,
Inc
25,535
539,323
Dr.
Martens
PLC
924
25,240
(a),(b)
Dream
Finders
Homes,
Inc
561
1,399,869
Eclat
Textile
Co
Ltd
21,123
21,600
Ecovacs
Robotics
Co
Ltd
144
1,830
Einhell
Germany
AG.
275
8,296
Electra
Consumer
Products
1970
Ltd
177
183,372
Electrolux
AB
1,890
291,733
(b)
Ermenegildo
Zegna
NV
4,061
37,257
ES-Con
Japan
Ltd
232
37
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
93,600
Ez
Tec
Empreendimentos
e
Participacoes
S.A.
$
350
13,671
F&F
Co
Ltd
1,144
1,582,451
Feng
TAY
Enterprise
Co
Ltd
8,981
24,654
(a),(d)
FF
Group
0^
385,225
Fields
Corp
5,276
40,154
Fila
Holdings
Corp
1,073
697,000
Formosa
Taffeta
Co
Ltd
549
339,999
(a),(b),(d)
Fuguiniao
Co
Ltd
0^
50,021
Fujitsu
General
Ltd
940
110,000
Fulgent
Sun
International
Holding
Co
Ltd
407
66,000
Fusheng
Precision
Co
Ltd
416
27,173
Games
Workshop
Group
plc
3,499
57,924
(a)
Garmin
Ltd
6,094
8,937
Garware
Technical
Fibres
Ltd
341
243,139
Giant
Manufacturing
Co
Ltd
1,343
117,570
(a)
G-III
Apparel
Group
Ltd
2,930
161,925
Gildan
Activewear,
Inc
4,539
2,678,965
(a),(c)
Glenveagh
Properties
plc
2,824
3,460,973
(a),(c)
Glenveagh
Properties
plc
(London)
3,677
736,000
(a),(b)
Golden
Solar
New
Energy
Technology
Holdings
Ltd
588
19,647
Goldwin,
Inc
1,330
3,002
GOLFZON
Co
Ltd
209
170,000
Gree
Electric
Appliances,
Inc
of
Zhuhai
848
241,300
Grendene
S.A.
322
413,800
GRUPO
DE
MODA
SOMA
S.A.
547
10,718
Gunze
Ltd
323
2,133,201
Haier
Smart
Home
Co
Ltd
6,667
338,207
Haier
Smart
Home
Co
Ltd
1,099
7,881
Handsome
Co
Ltd
109
55,500
Hang
Zhou
Great
Star
Industrial
Co
Ltd
148
46,205
Hangzhou
Robam
Appliances
Co
Ltd
171
12,552
Hansae
Co
Ltd
183
5,846
Hanssem
Co
Ltd
244
100,141
Hasbro,
Inc
6,623
201,072
(b)
Haseko
Corp
2,563
22,058
Hermes
International
40,208
98,000
Hisense
Visual
Technology
Co
Ltd
302
466,000
(a),(d)
HOSA
International
Ltd
1
160,705
Hugo
Boss
AG.
10,158
2,284
Hwaseung
Enterprise
Co
Ltd
13
134,200
Iida
Group
Holdings
Co
Ltd
2,227
75,375
Indo
Count
Industries
Ltd
202
117,270
Installed
Building
Products,
Inc
14,646
35,010
Japan
Wool
Textile
Co
Ltd
315
34,984
Jason
Furniture
Hangzhou
Co
Ltd
195
54,189
JM
AB
733
578,000
JNBY
Design
Ltd
748
70,000
Johnson
Health
Tech
Co
Ltd
163
1,155,500
(b),(c)
JS
Global
Lifestyle
Co
Ltd
191
184,012
Kalyan
Jewellers
India
Ltd
503
12,383
(b)
Kaufman
&
Broad
S.A.
361
399,503
Kering
181,519
991,000
Kinpo
Electronics
473
6,700
(b)
Ki-Star
Real
Estate
Co
Ltd
207
38,000
KMC
Kuei
Meng
International,
Inc
152
785,700
Konka
Group
Co
Ltd
124
58,200
Kontoor
Brands,
Inc
2,556
73,551
KPR
Mill
Ltd
666
45,018
LA
Opala
RG
Ltd
233
19,470
(a)
Landsea
Homes
Corp
175
101,679
Leggett
&
Platt,
Inc
2,584
189,866
Lennar
Corp
(Class
A)
21,309
CREF
Stock
Account
September
30,
2023
38
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
10,185
(b)
Lennar
Corp
(Class
B)
$
1,041
175,027
(b)
Levi
Strauss
&
Co
2,377
17,373
LF
Corp
184
44,840
LG
Electronics,
Inc
3,346
2,030,621
Li
Ning
Co
Ltd
8,479
947
LPP
S.A.
2,811
176,676
(a)
Lululemon
Athletica,
Inc
68,128
9,119
LUX
Industries
Ltd
163
409,493
LVMH
Moet
Hennessy
Louis
Vuitton
S.A.
309,098
183,000
Makalot
Industrial
Co
Ltd
1,906
1,290,984
Man
Wah
Holdings
Ltd
902
6,442
(a),(d)
Mariella
Burani
S.p.A.
0^
28,747
(b)
Marimekko
Oyj
319
266,795
(a)
Mattel,
Inc
5,878
119,284
(c)
Mavi
Giyim
Sanayi
Ve
Ticaret
AS.
490
41,648
Maytronics
Ltd
439
355,000
Merida
Industry
Co
Ltd
1,924
147,881
Merry
Electronics
Co
Ltd
387
48,783
MIPS
AB
1,649
14,100
Mizuno
Corp
447
40,008
(a)
Mohawk
Industries,
Inc
3,433
1,590,486
Moncler
S.p.A
92,177
325,700
(a)
MRV
Engenharia
e
Participacoes
S.A.
691
5,800
(b)
Nagawa
Co
Ltd
270
131,900
Namco
Bandai
Holdings,
Inc
2,683
19,486
(a),(c)
Neinor
Homes
S.A.
194
71,678
(a),(b)
New
Wave
Group
AB
498
4,000,479
Newell
Rubbermaid,
Inc
36,124
136,448
Nien
Made
Enterprise
Co
Ltd
1,310
1,369,419
Nike,
Inc
(Class
B)
130,944
2,070,300
Nikon
Corp
21,804
12,200
(a)
NVR,
Inc
72,752
1,032,058
(a)
On
Holding
AG.
28,712
85,300
(a)
Onward
Kashiyama
Co
Ltd
297
66,200
Open
House
Group
Co
Ltd
2,245
20,832
Oppein
Home
Group,
Inc
275
126,391
Orient
Electric
Ltd
337
990,153
(c)
OVS
S.p.A
2,052
4,749
Page
Industries
Ltd
2,225
2,014,989
Panasonic
Corp
22,745
4,197
Pandora
A.S.
433
402,000
(a),(d)
Peace
Mark
Holdings
Ltd
1
278,084
(a)
Peloton
Interactive,
Inc
1,404
15,854
Persimmon
plc
208
83,569
(a)
Photo-Me
International
plc
161
20,656
(a),(d)
PIK
Group
(GDR)
0^
41,004
Polaris
Industries,
Inc
4,270
1,844,006
Pou
Chen
Corp
1,638
7,749,140
PRADA
S.p.A
45,414
22,485
Pressance
Corp
275
269,371
Pulte
Homes,
Inc
19,947
5,240
Puma
AG.
Rudolf
Dassler
Sport
324
579,000
(b)
Q
Technology
Group
Co
Ltd
236
44,000
Quang
Viet
Enterprise
Co
Ltd
153
50,297
(a)
Rajesh
Exports
Ltd
304
25,195
Raymond
Ltd
547
1,085,737
Redrow
plc
6,533
43,517
Relaxo
Footwears
Ltd
471
85,900
(b)
Rinnai
Corp
1,606
9,500
Roland
Corp
260
559,027
Ruentex
Industries
Ltd
1,019
6,814
Safari
Industries
India
Ltd
321
39
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
208,136
(a),(b)
Safilo
Group
S.p.A.
$
186
50,013
(b)
Salvatore
Ferragamo
S.p.A
661
38,424
Sangetsu
Co
Ltd
749
193,700
Sankyo
Co
Ltd
8,877
9,954
Sanlorenzo
S.p.A
373
26,848
SEB
S.A.
2,505
236,600
Sega
Sammy
Holdings,
Inc
4,363
24,800
Seiko
Holdings
Corp
433
301,700
Sekisui
Chemical
Co
Ltd
4,341
630,100
Sekisui
House
Ltd
12,540
46,220
(a),(e)
SharkNinja
Global
SPV
Ltd
2,143
221,400
(b)
Sharp
Corp
1,378
30,636
(a)
Sheela
Foam
Ltd
420
717,238
Shenzhou
International
Group
Holdings
Ltd
6,821
62,799
Shimano,
Inc
8,405
1,251,504
Skyworth
Group
Ltd
468
23,400
(b)
Snow
Peak,
Inc
185
39,820
(a),(b)
Solo
Brands,
Inc
203
3,073,222
Sony
Corp
251,314
77,768
(c)
Spin
Master
Corp
1,955
1,030,000
Stella
International
Holdings
Ltd
1,033
516,821
Steven
Madden
Ltd
16,419
124,097
Sumitomo
Forestry
Co
Ltd
3,148
1,933
(a)
Swatch
Group
AG.
495
14,878
Symphony
Ltd
157
1,003,000
Tainan
Spinning
Co
Ltd
457
175,000
Taiwan
Paiho
Ltd
294
13,700
Tama
Home
Co
Ltd
326
17,900
Tamron
Co
Ltd
547
93,380
Tapestry,
Inc
2,685
62,440
(a)
Taylor
Morrison
Home
Corp
2,661
5,677,345
Taylor
Wimpey
plc
8,097
821,000
TCL
Electronics
Holdings
Ltd
318
1,078,629
TCL
Technology
Group
Corp
604
105,233
(c)
Technogym
S.p.A
812
128,257
Tempur
Sealy
International,
Inc
5,559
319,500
Texhong
International
Group
Ltd
177
87,219
(b),(c)
Thule
Group
AB
2,281
302,733
Titan
Co
Ltd
11,452
7,920
(a),(b)
Tod's
S.p.A.
286
5,490
Token
Corp
293
83,417
Toll
Brothers,
Inc
6,170
73,101
Tomy
Co
Ltd
1,056
52,801
(a)
TopBuild
Corp
13,285
41,000
Topkey
Corp
212
521,050
(a)
Traeger,
Inc
1,422
1,051,807
Trident
Ltd
475
44,648
TTK
Prestige
Ltd
420
526,560
(a)
Under
Armour,
Inc
(Class
A)
3,607
1,094,362
(a),(b)
Under
Armour,
Inc
(Class
C)
6,982
310,443
Universal
Entertainment
Corp
4,576
47,259
Vaibhav
Global
Ltd
250
82,419
Vardhman
Textiles
Ltd
370
323,152
Vestel
Beyaz
Esya
Sanayi
ve
Ticaret
AS
198
125,384
(a)
Vestel
Elektronik
Sanayi
ve
Ticaret
AS.
289
144,984
VF
Corp
2,562
52,526
(a),(b)
Victoria
plc
333
52,655
VIP
Industries
Ltd
415
3,168,000
(a),(b)
Viva
Goods
Company
Ltd
523
100,900
Vivara
Participacoes
S.A.
539
63,240
(a),(b)
Vizio
Holding
Corp
342
95,900
Vulcabras
Azaleia
S.A.
378
CREF
Stock
Account
September
30,
2023
40
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
2,428
(a),(b)
V-ZUG
Holding
AG.
$
168
37,213
Wacoal
Holdings
Corp
841
170,540
Welspun
India
Ltd
249
285,254
Whirlpool
Corp
38,138
28,916
Whirlpool
of
India
Ltd
565
1,209,000
Xtep
International
Holdings
Ltd
1,114
119,500
Yamaha
Corp
3,264
329,734
(a),(b)
YETI
Holdings,
Inc
15,900
107,409
(b)
YIT
Oyj
246
53,800
Yonex
Co
Ltd
574
17,645
Youngone
Corp
631
4,197
Youngone
Holdings
Co
Ltd
250
651,500
Yue
Yuen
Industrial
Holdings
746
43,913
Zhejiang
Supor
Co
Ltd
292
8,743
Zinus,
Inc
144
29,400
Zojirushi
Corp
350
TOTAL
CONSUMER
DURABLES
&
APPAREL
2,062,729
CONSUMER
SERVICES
-
2.7%
349,058
(a)
888
Holdings
plc
424
124,235
(c)
AcadeMedia
AB
532
379,768
Accor
S.A.
12,773
160,750
ADT,
Inc
964
40,500
Adventure,
Inc
1,401
287,876
(a)
Airbnb,
Inc
39,499
143,000
(a),(b)
Airtrip
Corp
2,029
9,590
Alamar
Foods
318
1,935,838
(a),(b)
Alsea
SAB
de
C.V.
7,044
944,678
Amadeus
IT
Holding
S.A.
57,061
109,000
Ambassador
Hotel
174
2,199,096
Americana
Restaurants
International
plc
2,455
79,143
(a)
AmRest
Holdings
SE
456
47,786
(a)
Ananti,
Inc
260
306,302
Aramark
10,629
8,812,494
(f)
Arcos
Dorados
Holdings,
Inc
83,366
486,659
Aristocrat
Leisure
Ltd
12,715
4,818,268
Asset
World
Corp
PCL
514
16,650
Ataa
Educational
Co
320
106,400
(a),(b)
Atom
Corp
635
235,184
(a)
Auction
Technology
Group
plc
1,874
29,000
Bafang
Yunji
International
Co
Ltd
161
22,855
(a)
Barbeque
Nation
Hospitality
Ltd
204
45,953
(a),(b),(c)
Basic-Fit
NV
1,301
58,600
(b)
Benesse
Holdings,
Inc
717
772,472
Berjaya
Sports
Toto
BHD
243
195,194
Betsson
AB
2,145
2,924,900
(a)
Bloomberry
Resorts
Corp
522
124,063
(a)
Booking
Holdings,
Inc
382,604
55,561
Boyd
Gaming
Corp
3,380
44,032
(a)
Bright
Horizons
Family
Solutions,
Inc
3,587
223,148
(a)
Brinker
International,
Inc
7,049
28,600
BTG
Hotels
Group
Co
Ltd
68
155,758
(a)
Caesars
Entertainment,
Inc
7,219
238,000
Cafe
de
Coral
Holdings
Ltd
257
329,435
Cairo
Investment
&
Real
Estate
Development
Co
SAE
109
2,247,730
(a)
Carnival
Corp
30,839
521,268
(a)
Carnival
plc
6,312
12,533
(a),(b)
Cava
Group,
Inc
384
377,500
(a)
Central
Plaza
Hotel
PCL
486
65,027
(a)
Chalet
Hotels
Ltd
435
144,000
China
Chunlai
Education
Group
Co
Ltd
134
491,000
(c)
China
East
Education
Holdings
Ltd
201
41
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
5,893,200
China
Education
Group
Holdings
Ltd
$
4,776
2,128,000
(a),(d)
China
Maple
Leaf
Educational
Systems
Ltd
3
3,886,000
(c)
China
New
Higher
Education
Group
Ltd
1,061
1,836,000
(b)
China
Travel
International
Inv
HK
351
59,521
(a)
Chipotle
Mexican
Grill,
Inc
(Class
A)
109,032
23,082
(b)
Choice
Hotels
International,
Inc
2,828
54,431
Churchill
Downs,
Inc
6,316
32,464
Cie
des
Alpes
445
1,569,900
(a)
Cogna
Educacao
S.A.
831
1,356,226
Collins
Foods
Ltd
8,293
57,700
(b)
Colowide
Co
Ltd
932
2,714,958
Compass
Group
plc
66,086
100,886
Corporate
Travel
Management
Ltd
1,085
95,600
Create
Restaurants
Holdings,
Inc
730
30,200
Curves
Holdings
Co
Ltd
143
195,429
Dadi
Early-Childhood
Education
Group
Ltd
467
181,300
Dalata
Hotel
Group
plc
770
42,976
Darden
Restaurants,
Inc
6,155
799,101
(a),(c)
Deliveroo
plc
1,166
191,209
(a),(c)
Delivery
Hero
SE
5,460
52,117
Delta
Corp
Ltd
89
46,700
(a),(b)
Demae-Can
Co
Ltd
115
259,520
(a)
Denny's
Corp
2,198
248,061
(a)
Devyani
International
Ltd
639
55,985
Domino's
Pizza
Enterprises
Ltd
1,901
330,155
Domino's
Pizza
Group
plc
1,516
132,707
Domino's
Pizza,
Inc
50,268
107,799
(a)
DoorDash,
Inc
8,567
19,792
(e)
DoubleUGames
Co
Ltd
587
80,218
Doutor
Nichires
Holdings
Co
Ltd
1,250
316,923
(a)
DraftKings,
Inc
9,330
105,430
(a)
Duolingo,
Inc
17,488
32,591
(a)
Dur
Hospitality
Co
225
364,000
(a),(b),(c)
East
Buy
Holding
Ltd
1,709
229,289
(a)
Easy
Trip
Planners
Ltd
112
416,000
(b)
EC
Healthcare
161
121,617
(a)
eDreams
ODIGEO
S.A.
830
157,036
EIH
Ltd
421
113,436
(a),(b),(c)
Elior
Group
S.A.
232
697,230
Entain
plc
7,908
2,018,200
(a)
Erawan
Group
PCL
305
1,277,552
(a)
Everi
Holdings,
Inc
16,889
387,159
(c)
Evolution
AB
39,068
220,569
(a)
Expedia
Group,
Inc
22,734
5,796
(a)
Fattal
Holdings
1998
Ltd
586
210,490
(a)
First
Watch
Restaurant
Group,
Inc
3,639
144,252
(b)
Flight
Centre
Travel
Group
Ltd
1,786
394,593
(a)
Flutter
Entertainment
plc
64,203
221,585
(a)
Flutter
Entertainment
plc
36,147
92,593
Food
&
Life
Cos
Ltd
1,553
52,000
Formosa
International
Hotels
Corp
345
177,400
(a),(c)
Fosun
Tourism
Group
168
427,230
(a)
Frontdoor,
Inc
13,069
1,149,000
Fu
Shou
Yuan
International
Group
Ltd
799
18,499
Fuji
Kyuko
Co
Ltd
576
5,400
(a)
Fujio
Food
Group,
Inc
50
701,323
G8
Education
Ltd
478
1,948,608
Galaxy
Entertainment
Group
Ltd
11,660
1,802,897
Genting
BHD
1,600
2,459,581
Genting
Malaysia
BHD
1,308
5,147,912
Genting
Singapore
Ltd
3,178
228,000
Gourmet
Master
Co
Ltd
746
CREF
Stock
Account
September
30,
2023
42
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
23,196
(a)
Grand
Canyon
Education,
Inc
$
2,711
28,765
(a)
Grand
Korea
Leisure
Co
Ltd
346
555,557
Greggs
plc
16,539
266,396
H&R
Block,
Inc
11,471
2,837,000
(a),(b),(c)
Haichang
Ocean
Park
Holdings
Ltd
423
1,468,776
(c)
Haidilao
International
Holding
Ltd
3,916
10,172
(a)
Hana
Tour
Service,
Inc
350
279,189
(b)
Heiwa
Corp
4,007
370,500
(b)
Helens
International
Holdings
Co
ltd
290
21,523
Herfy
Food
Services
Co
189
19,537
Hiday
Hidaka
Corp
355
714,219
Hilton
Worldwide
Holdings,
Inc
107,261
48,828
(a),(b)
HIS
Co
Ltd
589
3,494,000
(b),(c)
Hope
Education
Group
Co
Ltd
220
233,000
Huangshan
Tourism
Development
Co
Ltd
168
178,955
(a)
Huazhu
Group
Ltd
(ADR)
7,056
220,053
Humansoft
Holding
Co
KSC
2,224
34,845
Hyatt
Hotels
Corp
3,696
13,379
(a)
Hyundai
Green
Food
111
11,900
Ichibanya
Co
Ltd
434
277,467
IDP
Education
Ltd
3,797
731,319
Indian
Hotels
Co
Ltd
3,611
183,867
InterContinental
Hotels
Group
plc
13,598
684,244
International
Game
Technology
plc
20,746
107,184
Invocare
Ltd
865
3,977
(a)
Jahez
International
Co
478
815,000
(b),(c)
Jiumaojiu
International
Holdings
Ltd
1,103
380,513
Jollibee
Foods
Corp
1,541
337,561
Jubilant
Foodworks
Ltd
2,161
432,394
Jumbo
Interactive
Ltd
4,304
149,493
(a),(c)
Just
Eat
Takeaway.com
NV
1,848
87,516
(a)
Kambi
Group
plc
1,299
68,092
Kangwon
Land,
Inc
762
21,870
(a),(b)
Kappa
Create
Co
Ltd
223
38,900
Kentucky
Fried
Chicken
Japan
Ltd
780
287,758
Kindred
Group
plc
2,625
18,500
(b)
Kisoji
Co
Ltd
304
38,000
KOMEDA
Holdings
Co
Ltd
737
41,094
Koshidaka
Holdings
Co
Ltd
322
17,804
(b)
Kura
Sushi,
Inc
404
25,883
(b)
Kyoritsu
Maintenance
Co
Ltd
1,077
114,883
(c)
La
Francaise
des
Jeux
SAEM
3,731
2,706,073
Las
Vegas
Sands
Corp
124,046
1,079,753
Laureate
Education,
Inc
15,225
20,066
Leejam
Sports
Co
JSC
761
279,607
(a),(c)
Lemon
Tree
Hotels
Ltd
382
15,040
(a)
LIBERTY
MEDIA
CORP-LIBERTY-A
480
77,300
(a)
Lincoln
Educational
Services
Corp
653
15,500
LITALICO,
Inc
208
39,682
(a)
Lotte
Tour
Development
Co
Ltd
410
1,893,504
Lottery
Corp
Ltd
5,722
48,811
(a)
Lottomatica
Group
Spa
454
632,000
Lung
Yen
Life
Service
Corp
716
1,139,600
Magnum
Bhd
272
68,987
(a)
Mahindra
Holidays
&
Resorts
India
Ltd
328
222,236
Marriott
International,
Inc
(Class
A)
43,683
28,126
Marriott
Vacations
Worldwide
Corp
2,830
7,200
(b)
Matsuyafoods
Holdings
Co
Ltd
198
1,792,711
McDonald's
Corp
472,272
59,100
(b)
McDonald's
Holdings
Co
Japan
Ltd
2,258
5,998
MegaStudyEdu
Co
Ltd
225
5,515,540
(a),(c)
Meituan
79,844
43
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
3,939,740
(a)
Melco
Crown
Entertainment
Ltd
(ADR)
$
38,964
537,817
(a)
Melco
International
Development
429
495,655
MGM
Resorts
International
18,220
2,627,100
Minor
International
PCL
2,255
57,290
(a),(b)
Mister
Car
Wash,
Inc
316
225,890
(a)
Mitchells
&
Butlers
plc
623
909,100
MK
Restaurants
Group
PCL
1,129
11,300
Monarch
Casino
&
Resort,
Inc
702
183,422
Monogatari
Corp
5,065
97,300
(b)
MOS
Food
Services,
Inc
2,142
15,686
MTY
Food
Group,
Inc
670
14,121
National
Co
for
Learning
&
Education
361
430,500
(a)
Nayuki
Holdings
Ltd
226
11,497
(a)
NEOGAMES
S.A.
310
1,373,890
(a),(b)
Nerdy,
Inc
5,083
1,297,340
(a)
New
Oriental
Education
&
Technology
Group,
Inc
7,678
61,234
(a)
NIIT
Learning
Systems
Ltd
311
94,563
(a)
Noodles
&
Co
233
320,240
(a),(b)
Norwegian
Cruise
Line
Holdings
Ltd
5,278
296,200
(a)
Offcn
Education
Technology
Co
Ltd
152
46,100
Ohsho
Food
Service
Corp
2,131
144,380
(a)
OneSpaWorld
Holdings
Ltd
1,620
151,142
OPAP
S.A.
2,530
1,796,445
Oriental
Land
Co
Ltd
58,937
167,831
Papa
John's
International,
Inc
11,449
41,856
(a)
Paradise
Co
Ltd
504
26,171
Park
Lawn
Corp
360
38,470
(a),(d)
Patisserie
Holdings
plc
0^
116,368
(a)
Penn
National
Gaming,
Inc
2,671
404,000
Perfect
Medical
Health
Management
Ltd
194
125,019
(a),(b)
Pierre
&
Vacances
165
65,158
(a)
Planet
Fitness,
Inc
3,204
427,990
(a)
PlayAGS,
Inc
2,790
182,868
(a)
Playtech
PLC
1,008
11,836
(b)
Pollard
Banknote
Ltd
217
243,493
(a)
Portillo's,
Inc
3,747
52,620
(a)
Potbelly
Corp
410
233,124
(a)
Rank
Group
plc
238
540,100
Resorttrust,
Inc
8,060
276,062
(a)
Restaurant
Brands
Asia
Ltd
414
392,463
(b)
Restaurant
Brands
International,
Inc
26,146
268,599
Restaurant
Brands
International,
Inc
17,887
18,600
Ringer
Hut
Co
Ltd
289
799,600
Riso
Kyoiku
Co
Ltd
1,326
186,183
Round
One
Corp
697
44,680
(a),(b)
Rover
Group,
Inc
280
210,687
(a)
Royal
Caribbean
Cruises
Ltd
19,413
25,700
(a)
Royal
Holdings
Co
Ltd
456
848,170
(a)
Rush
Street
Interactive,
Inc
3,919
23,000
Saizeriya
Co
Ltd
745
2,976,767
(a)
Sands
China
Ltd
9,052
24,963
(a)
Sapphire
Foods
India
Ltd
436
132,857
(a),(b),(c)
Scandic
Hotels
Group
AB
451
121,591
(a)
Seera
Group
Holding
822
29,684
Seobu
T&D
173
112,564
Service
Corp
International
6,432
34,739
Shanghai
Jinjiang
International
Hotels
Development
Co
Ltd
180
1,034,000
(a)
Shangri-La
Asia
Ltd
707
540,772
Shenzhen
Overseas
Chinese
Town
Co
Ltd
315
192,900
SISB
PCL
165
2,107,000
(a),(b)
SJM
Holdings
Ltd
826
38,325
(b)
SkiStar
AB
391
CREF
Stock
Account
September
30,
2023
44
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
188,182
Skylark
Holdings
Co
Ltd
$
2,574
220,500
(a)
Smartfit
Escola
de
Ginastica
e
Danca
S.A.
943
96,699
Sodexho
Alliance
S.A.
9,955
87,043
(a),(b)
Sol
Melia
S.A.
528
109,714
Songcheng
Performance
Development
Co
Ltd
184
655,587
(a)
SSP
Group
PLC
1,621
1,265,768
(a),(b)
Star
Entertainment
Grp
Ltd
493
767,133
(a)
Star
Entertainment
Grp
Ltd
301
2,180,364
Starbucks
Corp
199,002
48,800
Strategic
Education,
Inc
3,672
54,320
(a),(b)
Stride,
Inc
2,446
55,600
(a),(b)
Super
Group
SGHC
Ltd
205
131,000
(a),(b)
Super
Hi
International
Holding
Ltd
257
248,745
(a)
Taaleem
Holdings
PJSC
269
4,546,913
TABCORP
Holdings
Ltd
2,740
391,683
(a),(b)
TAL
Education
Group
(ADR)
3,568
133,785
Texas
Roadhouse,
Inc
(Class
A)
12,857
1,085,000
Tianli
Education
International
Holdings
Ltd
349
374,285
Tokyotokeiba
Co
Ltd
10,074
526,820
(a)
Tongcheng
Travel
Holdings
Ltd
1,152
37,959
Toridoll
Holdings
Corp
935
384,118
(a),(c)
Trainline
plc
1,308
55,096
Travel
&
Leisure
Co
2,024
460,219
Travelsky
Technology
Ltd
794
472,450
(a)
Trip.com
Group
Ltd
16,652
243,538
(a)
Trip.com
Group
Ltd
(ADR)
8,517
639,408
(a)
TUI
AG.
3,505
29,296
Vail
Resorts,
Inc
6,500
1,520,407
(a),(b)
Webjet
Ltd
6,554
228,514
(b)
Wendy's
Co
4,664
51,621
Westlife
Foodworld
Ltd
581
74,090
(a)
Wetherspoon
(J.D.)
plc
625
216,111
Whitbread
plc
9,097
22,713
Wingstop,
Inc
4,085
56,075
Wowprime
Corp
456
683,826
Wyndham
Hotels
&
Resorts,
Inc
47,553
40,537,800
(a),(b)
Wynn
Macau
Ltd
38,552
318,024
Wynn
Resorts
Ltd
29,389
538,500
(c)
Xiabuxiabu
Catering
Management
China
Holdings
Co
Ltd
226
217,700
YDUQS
Participacoes
S.A.
861
53,419
Yoshinoya
D&C
Co
Ltd
1,005
22,600
(a),(b)
Youdao,
Inc
(ADR)
91
21,342
Young
&
Co's
Brewery
plc
279
456,729
Yum
China
Holdings,
Inc
25,449
68,443
Yum!
Brands,
Inc
8,551
78,900
Zensho
Co
Ltd
3,426
3,706,277
(a)
Zomato
Ltd
4,514
TOTAL
CONSUMER
SERVICES
2,968,089
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
1.7%
1,706,076
Abdullah
Al
Othaim
Markets
Co
6,176
533,700
Aeon
Co
Ltd
10,572
27,600
Aeon
Hokkaido
Corp
161
22,483
Ain
Holdings,
Inc
663
76,556
Al
Meera
Consumer
Goods
Co
QSC
291
134,245
Albertsons
Cos,
Inc
3,054
27,877
Al-Dawaa
Medical
Services
Co
708
2,255,829
(a),(b)
Alibaba
Health
Information
Technology
Ltd
1,394
1,844,691
Alimentation
Couche-Tard,
Inc
93,684
13,862,583
(a)
Almacenes
Exito
S.A.
38,390
18,648
Almunajem
Foods
Co
349
72,700
Andersons,
Inc
3,745
45
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
33,079
Arcs
Co
Ltd
$
603
6,701,195
Atacadao
S.A.
11,865
138,457
(a),(c)
Avenue
Supermarts
Ltd
6,115
90,216
Axfood
AB
2,068
14,655
Axial
Retailing,
Inc
367
8,300
Belc
Co
Ltd
381
766,412
Berli
Jucker
PCL
645
7,433
BGF
retail
Co
Ltd
777
288,541
(b)
Bid
Corp
Ltd
6,435
392,687
BIM
Birlesik
Magazalar
AS
3,928
184,760
BinDawood
Holding
Co
303
309,801
(a)
BJ's
Wholesale
Club
Holdings,
Inc
22,110
29,657
(b)
Carrefour
S.A.
509
28,504
Casey's
General
Stores,
Inc
7,739
6,151
Cawachi
Ltd
102
1,154,933
Cencosud
S.A.
2,190
343,157
(a)
Chefs'
Warehouse,
Inc
7,268
14,578,000
(a),(f)
Cia
Brasileira
de
Distribuicao
10,151
195,546
Clicks
Group
Ltd
2,671
1,088,170
Coles
Group
Ltd
10,861
49,751
Colruyt
S.A.
2,151
17,100
Cosmos
Pharmaceutical
Corp
1,748
912,392
Costco
Wholesale
Corp
515,465
5,001,416
CP
ALL
plc
8,294
1,737,600
CP
Axtra
PCL
1,535
24,600
Create
SD
Holdings
Co
Ltd
557
18,803
(a)
Curexo,
Inc
240
38,800
(a)
Dada
Nexus
Ltd
(ADR)
173
4,418
Daikokutenbussan
Co
Ltd
186
70,141
DaShenLin
Pharmaceutical
Group
Co
Ltd
243
72,900
(a),(b)
DingDong
Cayman
Ltd
(ADR)
142
40,684
(a),(c)
Dino
Polska
S.A.
3,297
372,492
(c)
Dis-Chem
Pharmacies
Ltd
467
16,397,216
(a)
Distribuidora
Internacional
de
Alimentacion
S.A.
230
9,669
(a),(b)
DocMorris
AG.
533
163,421
Dollar
General
Corp
17,290
230,316
(a)
Dollar
Tree,
Inc
24,517
30,720
Dongsuh
Cos,
Inc
382
14,636
E-MART,
Inc
763
131,582
Empire
Co
Ltd
3,580
1,112,340
Endeavour
Group
Ltd
3,756
53,148
Eurocash
S.A.
168
19,900
Fuji
Co
Ltd
238
24,400
G-7
Holdings,
Inc
202
8,600
Genky
DrugStores
Co
Ltd
318
56,745
George
Weston
Ltd
6,293
183,060
GrainCorp
Ltd-A
827
55,642
Great
Tree
Pharmacy
Co
Ltd
603
72,964
(a)
Grocery
Outlet
Holding
Corp
2,105
480,100
(a)
Grupo
Mateus
S.A.
653
34,485
GS
Retail
Co
Ltd
603
6,100
Halows
Co
Ltd
171
71,125
Hankyu
Department
Stores,
Inc
864
21,858
Heiwado
Co
Ltd
381
1,074,201
(a)
HelloFresh
SE
31,919
503,000
(b)
Hong
Kong
Technology
Venture
Co
Ltd
194
13,800
(b)
Inageya
Co
Ltd
134
2,770
Itochu-Shokuhin
Co
Ltd
127
82,228
J
Sainsbury
plc
253
466,050
(a),(c)
JD
Health
International,
Inc
2,395
1,067,249
Jeronimo
Martins
SGPS
S.A.
23,968
19,923
Kato
Sangyo
Co
Ltd
529
CREF
Stock
Account
September
30,
2023
46
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
210,752
Kesko
Oyj
(B
Shares)
$
3,776
33,100
Kobe
Bussan
Co
Ltd
775
396,191
Koninklijke
Ahold
Delhaize
NV
11,941
100,129
Kroger
Co
4,481
13,834
Kusuri
no
Aoki
Holdings
Co
Ltd
801
391,900
(b)
La
Comer
SAB
de
C.V.
823
39,600
Lawson,
Inc
1,820
21,796
Life
Corp
531
145,114
Loblaw
Cos
Ltd
12,329
12,180
M
Yochananof
&
Sons
Ltd
497
1,647,167
(a)
Marks
&
Spencer
Group
plc
4,738
23,973
MARR
S.p.A.
303
291,000
Matsumotokiyoshi
Holdings
Co
Ltd
5,213
25,100
Maxvalu
Tokai
Co
Ltd
493
40,870
(a)
Medplus
Health
Services
Ltd
378
765,518
Metcash
Ltd
1,853
118,903
(a)
METRO
AG.
819
210,476
Metro,
Inc
10,931
561,790
Migros
Ticaret
AS
7,483
35,434
Nahdi
Medical
Co
1,363
20,979
(b)
Neighbourly
Pharmacy,
Inc
194
39,143
(b)
North
West
Co,
Inc
986
28,743
(a)
Ocado
Group
plc
209
23,300
(a),(b)
Oisix
ra
daichi,
Inc
250
782,344
(b)
Olam
Group
Ltd
599
298,174
(a)
Performance
Food
Group
Co
17,550
1,285,315
(b)
Pick'n
Pay
Stores
Ltd
2,512
239,759
(a),(b),(c)
Ping
An
Healthcare
and
Technology
Co
Ltd
558
511,195
President
Chain
Store
Corp
4,156
740,700
Puregold
Price
Club,
Inc
378
1,068,024
Raia
Drogasil
S.A.
5,869
25,921
Rami
Levy
Chain
Stores
Hashikma
Marketing
2006
Ltd
1,482
12,715
(a),(c)
Redcare
Pharmacy
NV
1,352
17,112
(b)
Retail
Partners
Co
Ltd
200
726,550
Robinsons
Retail
Holdings,
Inc
600
41,041
Ryoshoku
Ltd
1,071
18,200
San-A
Co
Ltd
582
17,250,779
Sendas
Distribuidora
S.A.
41,732
845,669
Seven
&
I
Holdings
Co
Ltd
33,108
2,337,710
Sheng
Siong
Group
Ltd
2,598
9,911
(b)
Shoei
Foods
Corp
322
429,544
(b)
Shoprite
Holdings
Ltd
5,441
759,398
(a)
Shufersal
Ltd
3,527
18,254
Sligro
Food
Group
NV
323
2,683,021
SMU
S.A.
471
1,747,082
Sok
Marketler
Ticaret
AS.
3,708
696,771
Sonae
SPGS
S.A.
677
160,804
(b)
SPAR
Group
Ltd
988
118,500
SpartanNash
Co
2,607
29,396
Sugi
Pharmacy
Co
Ltd
1,168
14,576,500
Sumber
Alfaria
Trijaya
Tbk
PT
2,792
317,400
Sundrug
Co
Ltd
8,603
134,849
Sysco
Corp
8,907
270,033
Target
Corp
29,858
19,416,546
Tesco
plc
62,453
31,200
Tsuruha
Holdings,
Inc
2,096
114,356
(a)
United
Natural
Foods,
Inc
1,617
41,650
United
Super
Markets
Holdings,
Inc
298
189,461
(a)
US
Foods
Holding
Corp
7,522
30,894
Valor
Co
Ltd
452
359,828
Walgreens
Boots
Alliance,
Inc
8,003
4,506,036
(b)
Wal-Mart
de
Mexico
SAB
de
C.V.
16,961
47
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
3,189,244
Walmart,
Inc
$
510,056
77,500
Welcia
Holdings
Co
Ltd
1,338
1,065,232
Woolworths
Ltd
25,503
14,900
(b)
Yaoko
Co
Ltd
766
55,942
Yifeng
Pharmacy
Chain
Co
Ltd
269
32,200
Yokohama
Reito
Co
Ltd
261
237,400
Yonghui
Superstores
Co
Ltd
105
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
1,809,195
ENERGY
-
5.7%
198,743
(a)
3R
PETROLEUM
OLEO
E
GAS
S.A.
1,249
14,173,561
Adaro
Energy
Indonesia
Tbk
PT
2,607
148,270
(a),(b)
Advantage
Energy
Ltd
1,012
136,963
Aegis
Logistics
Ltd
542
325,622
Africa
Oil
Corp
654
1,001,175
Aker
BP
ASA
27,645
223,104
Aker
Solutions
ASA
898
6,406,200
AKR
Corporindo
Tbk
PT
640
29,896
Aldrees
Petroleum
and
Transport
Services
Co
1,117
202,088
Ampol
Ltd
4,363
258,806
Antero
Midstream
Corp
3,101
17,899
APA
Corp
736
581,844
(b)
ARC
Resources
Ltd
9,287
187,480
Archrock,
Inc
2,362
72,780
Ardmore
Shipping
Corp
947
488,066
(a)
Athabasca
Oil
Corp
1,563
398,791
(b)
Atlas
Energy
Solutions,
Inc
8,865
1,546,050
Baker
Hughes
Co
54,606
848,200
Bangchak
Corp
PCL
951
7,652,700
Banpu
PCL
(Foreign)
1,677
569,523
(b)
Baytex
Energy
Corp
2,512
6,412,663
Beach
Petroleum
Ltd
6,693
716,663
Bharat
Petroleum
Corp
Ltd
2,990
224,840
Birchcliff
Energy
Ltd
1,281
18,743
(a)
BLUENORD
ASA
909
162,145
(a)
Borr
Drilling
Ltd
1,135
268,529
(a)
Boss
Energy
Ltd
831
30,581,231
BP
plc
197,125
4,650,000
(a),(d)
Brightoil
Petroleum
Holdings
Ltd
6
14,930
(a)
Bristow
Group,
Inc
421
2,542,000
(a)
Bumi
Armada
Bhd
305
44,109,300
(a)
Bumi
Resources
Minerals
Tbk
PT
605
102,487
(a)
BW
Energy
Ltd
262
66,433
(c)
BW
LPG
Ltd
837
323,079
BW
Offshore
Ltd
742
38,990
Cabot
Oil
&
Gas
Corp
1,055
110,320
California
Resources
Corp
6,179
9,070
(a)
Callon
Petroleum
Co
355
1,419,149
Cameco
Corp
56,306
1,110,178
Canadian
Natural
Resources
Ltd
71,797
1
Capricorn
Energy
plc
0^
124,203
(b)
Cardinal
Energy
Ltd
677
1,441,698
Cenovus
Energy,
Inc
(Toronto)
30,017
228,810
CES
Energy
Solutions
Corp
649
4,435,418
(a)
CGG
S.A.
3,147
2,145,000
(a),(b)
CGN
Mining
Co
Ltd
417
202,062
ChampionX
Corp
7,197
314,002
Cheniere
Energy,
Inc
52,112
23,383
Chennai
Petroleum
Corp
Ltd
143
725,754
Chesapeake
Energy
Corp
62,582
3,239,855
Chevron
Corp
546,304
2,253,000
China
Coal
Energy
Co
1,764
CREF
Stock
Account
September
30,
2023
48
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
700,900
China
Merchants
Energy
Shipping
Co
Ltd
$
617
2,163,122
China
Oilfield
Services
Ltd
2,589
451,276
China
Shenhua
Energy
Co
Ltd
-
A
1,935
3,135,455
China
Shenhua
Energy
Co
Ltd
-
H
10,146
634,000
(b)
China
Shipping
Development
Co
Ltd
690
74,446
Chord
Energy
Corp
12,065
1,545,127
Coal
India
Ltd
5,480
118
(a),(d),(g)
Cobalt
International
Energy,
Inc
0^
362,826
Computer
Modelling
Group
Ltd
2,271
3,885,318
ConocoPhillips
465,461
19,649
Cool
Co
Ltd
267
1,042,504
Cosan
SA
Industria
e
Comercio
3,555
292,193
COSCO
SHIPPING
Energy
Transportation
Co
Ltd
541
50,858
Cosmo
Energy
Holdings
Co
Ltd
1,784
83,476
Crescent
Energy
Co
1,055
469,257
Crescent
Point
Energy
Corp
3,890
98,671
(a)
Crew
Energy,
Inc
424
20,106
CropEnergies
AG.
168
392,223
d'Amico
International
Shipping
S.A.
1,910
4,524,778
Dana
Gas
PJSC
1,085
7,846
Delek
Group
Ltd
1,157
556,930
Delek
US
Holdings,
Inc
15,822
98,436
(a)
Denbury,
Inc
9,648
2,038,468
(a),(b)
Denison
Mines
Corp
3,347
32,057
Devon
Energy
Corp
1,529
3,703,112
Dialog
Group
Bhd
1,669
1,564,525
(a)
Diamond
Offshore
Drilling,
Inc
22,967
1,641,492
Diamondback
Energy,
Inc
254,234
839,051
Diversified
Energy
Co
plc
824
156,663
(a)
DMC
Global,
Inc
3,834
391,964
DNO
International
ASA
386
8,112
DT
Midstream,
Inc
429
40,470
(a)
Earthstone
Energy,
Inc
819
27,093
(a),(b)
Empire
Petroleum
Corp
261
354,751
Empresas
COPEC
S.A.
2,515
282,500
Enauta
Participacoes
S.A.
1,012
1,905,729
Enbridge,
Inc
63,209
2,612,801
ENEOS
Holdings,
Inc
10,284
888,837
Enerflex
Ltd
5,104
112,289
Energean
plc
1,566
30,154,540
(a)
Energi
Mega
Persada
Tbk
PT
535
1,168,600
(a),(d)
Energy
Earth
PCL
0^
130,671
(a),(b)
Energy
Fuels,
Inc
1,074
1
Energy
Transfer
LP
0^
186,695
Enerplus
Corp
3,285
117,295
ENI
S.p.A.
1,884
1,398,107
(a)
Enquest
plc
(London)
259
3,076,315
EOG
Resources,
Inc
389,954
18,761
EQT
Corp
761
3,589,284
Equinor
ASA
117,628
19,295
(a)
Equital
Ltd
611
1,080,900
Esso
Thailand
PCL
(Foreign)
294
38,147
Etablissements
Maurel
et
Prom
197
224,839
Euronav
NV
3,651
286,790
(a)
Expro
Group
Holdings
NV
6,662
247,150
(b)
Exxaro
Resources
Ltd
2,250
6,047,495
Exxon
Mobil
Corp
711,064
24,805
(b)
FLEX
LNG
Ltd
739
1,046,878
Formosa
Petrochemical
Corp
2,614
106,780
(b)
Freehold
Royalties
Ltd
1,156
58,908
(a)
Frontera
Energy
Corp
466
112,412
Frontline
plc
2,060
49
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
24,424
Galp
Energia
SGPS
S.A.
$
362
27,855
Gaztransport
Et
Technigaz
S.A.
3,424
163,179
Genel
Energy
PLC
159
134,504
(b)
Gibson
Energy,
Inc
1,924
169,690
Golar
LNG
Ltd
4,117
101,170
Granite
Ridge
Resources,
Inc
617
86,207
Great
Eastern
Shipping
Co
Ltd
878
730,786
Guanghui
Energy
Co
Ltd
765
66,116
Gujarat
Mineral
Development
Corp
Ltd
252
843,123
Gulf
International
Services
QSC
677
192,674
Gulf
Keystone
Petroleum
Ltd
241
76,650
(a)
Gulfport
Energy
Operating
Corp
9,095
210,321
Hafnia
Ltd
1,305
19,260
(a),(b)
Hallador
Energy
Co
278
39,355
Halliburton
Co
1,594
521,385
Harbour
Energy
plc
1,633
1,609,500
Harum
Energy
Tbk
PT
196
20,185
HD
Hyundai
Co
Ltd
991
172,136
(b)
Headwater
Exploration,
Inc
907
154,137
Hellenic
Petroleum
S.A.
1,205
161,382
Hess
Corp
24,691
8,262
HF
Sinclair
Corp
470
5,708,700
Hibiscus
Petroleum
Bhd
1,365
550,396
(a)
Hindustan
Petroleum
Corp
Ltd
1,689
590,538
Hunting
plc
2,201
175,594
Idemitsu
Kosan
Co
Ltd
4,026
254,811
(b)
Imperial
Oil
Ltd
15,695
2,932,594
Indian
Oil
Corp
Ltd
3,208
12,386,200
Indika
Energy
Tbk
PT
1,763
327,400
Indo
Tambangraya
Megah
Tbk
PT
614
194,000
Inner
Mongolia
Dian
Tou
Energy
Corp
Ltd
366
1,175,700
Inner
Mongolia
Yitai
Coal
Co
1,646
876,328
Inpex
Holdings,
Inc
13,143
76,094
(a)
International
Petroleum
Corp
724
8,460,186
IRPC
PCL
(Foreign)
477
115,550
Itochu
Enex
Co
Ltd
1,164
35,022
Iwatani
International
Corp
1,763
57,077
Japan
Petroleum
Exploration
Co
2,139
478,700
Jizhong
Energy
Resources
Co
Ltd
442
2,874,916
(a)
John
Wood
Group
plc
5,417
456,699
(a)
Karoon
Energy
Ltd
765
2,314,062
(a)
Kelt
Exploration
Ltd
12,352
207,837
(b)
Keyera
Corp
4,880
107,378
Kinder
Morgan,
Inc
1,780
4,794,000
Kinetic
Development
Group
Ltd
337
19,180
(a)
KLX
Energy
Services
Holdings,
Inc
227
84,820
(a)
Kodiak
Gas
Services,
Inc
1,517
57,973
Koninklijke
Vopak
NV
1,983
223,040
Liberty
Energy,
Inc
4,131
461,750
Magnolia
Oil
&
Gas
Corp
10,579
1,308,961
Marathon
Oil
Corp
35,015
559,666
(b)
Marathon
Petroleum
Corp
84,700
382,324
Matador
Resources
Co
22,741
6,899,200
Medco
Energi
Internasional
Tbk
PT
714
292,486
(a)
MEG
Energy
Corp
5,691
28,000
Mitsuuroko
Co
Ltd
239
12,330
Modec,
Inc
151
451,480
MOL
Hungarian
Oil
&
Gas
plc
3,420
61,213
Motor
Oil
Hellas
Corinth
Refineries
S.A.
1,549
488,380
Murphy
Oil
Corp
22,148
33,969
Naphtha
Israel
Petroleum
Corp
Ltd
195
189,535
(b)
Neste
Oil
Oyj
6,419
CREF
Stock
Account
September
30,
2023
50
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
49,636
(b)
New
Fortress
Energy,
Inc
$
1,627
478,818
New
Hope
Corp
Ltd
1,943
782,020
(a)
Newpark
Resources,
Inc
5,404
1,273,312
(a),(b)
NexGen
Energy
Ltd
7,622
42,910
Noble
Corp
plc
2,173
1,168,620
Nordic
American
Tankers
Ltd
4,815
19,889
North
American
Construction
Group
Ltd
431
676,858
Northern
Oil
and
Gas,
Inc
27,230
1,130,692
NOV,
Inc
23,631
150,209
(a)
NuVista
Energy
Ltd
1,438
57,401
(a)
Obsidian
Energy
Ltd
472
734,668
Occidental
Petroleum
Corp
47,665
372,671
Odfjell
Drilling
Ltd
1,314
696,427
Offshore
Oil
Engineering
Co
Ltd
618
203,707
Oil
India
Ltd
732
1,990,240
Oil
Refineries
Ltd
656
7,310
OMV
AG.
349
26,478
ONEOK,
Inc
1,680
15,180
Ovintiv,
Inc
722
2,278,471
(a)
Paladin
Resources
Ltd
1,592
306,930
(a)
Par
Pacific
Holdings,
Inc
11,031
67,410
Paramount
Resources
Ltd
(Class
A)
1,601
151,109
Parex
Resources,
Inc
2,836
431,233
Parkland
Corp
12,614
66,493
Pason
Systems,
Inc
660
8,080
(a)
Paz
Ashdod
Refinery
Ltd
223
8,080
(a)
Paz
Oil
Co
Ltd
665
205,220
PBF
Energy,
Inc
10,985
433,767
Pembina
Pipeline
Corp
13,043
11,052,684
(b)
Permian
Resources
Corp
154,295
949,900
(a)
Petrindo
Jaya
Kreasi
Tbk
PT
176
3,781,500
(a)
Petro
Rio
S.A.
35,388
402,240
(a),(b)
Petrofac
Ltd
373
3,335,195
Petroleo
Brasileiro
S.A.
25,141
4,237,427
Petroleo
Brasileiro
S.A.
(Preference)
29,202
1,342,241
(a)
Petroleum
Geo-Services
ASA
1,166
352,080
Petronas
Dagangan
BHD
1,678
765,353
Petronet
LNG
Ltd
2,206
124,500
Petroreconcavo
S.A.
519
145,256
(b)
Peyto
Exploration
&
Development
Corp
1,464
36,507
Phillips
66
4,386
964,589
Pioneer
Natural
Resources
Co
221,421
79,824
Pipestone
Energy
Corp
126
559,437
Polski
Koncern
Naftowy
Orlen
S.A.
7,495
100,100
(a),(d)
Poseidon
Concepts
Corp
1
176,322
PrairieSky
Royalty
Ltd
3,240
11,813
(a)
Precision
Drilling
Corp
792
961,500
Prima
Marine
PCL
181
2,850,000
(a)
Productive
Technologies
Co
Ltd
122
77,419,200
(a)
PT
Bumi
Resources
Tbk
686
3,252,100
PT
Tambang
Batubara
Bukit
Asam
Tbk
588
1,446,006
PT
United
Tractors
Tbk
2,638
1,495,048
PTT
Exploration
&
Production
PCL
6,976
4,965,900
PTT
Exploration
&
Production
PCL
(ADR)
23,172
9,822,009
PTT
PCL
9,008
611,995
Qatar
Fuel
QSC
2,774
2,303,911
Qatar
Gas
Transport
Co
Ltd
2,355
376,329
(a)
Rabigh
Refining
&
Petrochemical
Co
1,087
43,504,825
Raizen
S.A.
30,985
7,901,325
Reliance
Industries
Ltd
222,459
63,404
Repsol
YPF
S.A.
1,043
25,710
(a)
Rex
American
Resources
Corp
1,047
51
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
152,270
RPC,
Inc
$
1,361
995,643
(a)
Saipem
S.p.A
1,515
46,252
San-Ai
Oil
Co
Ltd
490
2,759,265
Santos
Ltd
13,910
457,746
Saras
S.p.A.
654
6,568
Saudi
Arabia
Refineries
Co
161
6,415,279
(c)
Saudi
Arabian
Oil
Co
59,765
118,938
SBM
Offshore
NV
1,559
1,484,642
Schlumberger
Ltd
86,555
9,087
Schoeller-Bleckmann
Oilfield
Equipment
AG.
535
153,670
(a)
Seadrill
Ltd
6,883
262,072
Secure
Energy
Services,
Inc
1,439
622,390
Select
Water
Solutions,
Inc
4,948
2,794,600
Semirara
Mining
&
Power
Corp
1,723
205,512
Serica
Energy
plc
623
50
(a),(d)
Serval
Integrated
Energy
Services
0^
669,838
Shaanxi
Coal
Industry
Co
Ltd
1,698
299,850
Shan
XI
Hua
Yang
Group
New
Energy
Co
Ltd
346
279,986
Shanxi
Lu'an
Environmental
Energy
Development
Co
Ltd
730
442,399
Shanxi
Xishan
Coal
&
Electricity
Power
Co
Ltd
609
447,137
(a)
Shawcor
Ltd
5,231
15,074,582
Shell
plc
477,777
1,000,069
Shell
plc
(ADR)
64,384
181,000
Siamgas
&
Petrochemicals
PCL
40
3,884,000
Sinopec
Kantons
Holdings
Ltd
1,562
7,350
SK
Discovery
Co
Ltd
222
1,932
SK
Gas
Ltd
214
55,505
(a)
SK
Innovation
Co
Ltd
6,090
258,180
SM
Energy
Co
10,237
43,628
S-Oil
Corp
2,552
22,800
Solaris
Oilfield
Infrastructure,
Inc
243
715,850
(a)
Southwestern
Energy
Co
4,617
102,951
Spartan
Delta
Corp
307
220,688
(a)
Stanmore
Resources
Ltd
522
1,735,500
Star
Petroleum
Refining
PCL
432
1,629,143
(a),(b)
Strike
Energy
Ltd
423
184,504
Subsea
7
S.A.
2,535
1,877,931
Suncor
Energy,
Inc
64,582
80,637
(b)
Surge
Energy,
Inc
550
429,217
(b)
Tamarack
Valley
Energy
Ltd
1,232
28,271,813
(a)
Tamboran
Resources
Ltd
2,636
11,092
Targa
Resources
Corp
951
795,550
(b)
TC
Energy
Corp
27,359
317,194
Technip
Energies
NV
7,875
334,735
TechnipFMC
plc
6,809
39,579
(a)
Tecnicas
Reunidas
S.A.
386
986,778
(a)
Teekay
Corp
6,088
23,438
Tenaris
S.A.
370
466,640
(a)
Tetra
Technologies,
Inc
2,977
4,434
Texas
Pacific
Land
Corp
8,086
494,857
TGS
Nopec
Geophysical
Co
ASA
6,755
1,464,332
Thai
Oil
PCL
2,018
107,682
Thungela
Resources
Ltd
988
109,546
(b)
Topaz
Energy
Corp
1,728
237,177
TORM
plc
6,419
3,572,052
Total
S.A.
234,860
299,020
(b)
Tourmaline
Oil
Corp
15,047
192,630
Trican
Well
Service
Ltd
659
1,049,123
(a),(b)
Tullow
Oil
plc
440
877,465
Turkiye
Petrol
Rafinerileri
AS
5,084
9,270,361
Ultrapar
Participacoes
S.A.
34,580
6,476,000
United
Energy
Group
Ltd
949
CREF
Stock
Account
September
30,
2023
52
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
25,860
(a)
Valaris
Ltd
$
1,939
1,449,576
Valero
Energy
Corp
205,419
123,716
(a)
Vallourec
S.A.
1,506
17,638
VERBIO
Vereinigte
BioEnergie
AG.
708
137,546
(b)
Vermilion
Energy,
Inc
2,012
180,800
Vitesse
Energy,
Inc
4,139
901,952
(c)
Viva
Energy
Group
Ltd
1,729
5,553
(a),(b)
Waga
Energy
S.A.
141
199,603
Washington
H
Soul
Pattinson
&
Co
Ltd
4,164
97,466
(a)
Weatherford
International
plc
8,804
496,637
(b)
Whitecap
Resources,
Inc
4,194
737,377
Whitehaven
Coal
Ltd
3,344
69,072
Williams
Cos,
Inc
2,327
2,462,839
Woodside
Energy
Group
Ltd
57,264
167,800
World
Fuel
Services
Corp
3,764
306,767
Worley
Ltd
3,406
255,764
(b)
Yancoal
Australia
Ltd
847
185,133
Yantai
Jereh
Oilfield
Services
Group
Co
Ltd
806
2,119,310
(b)
Yanzhou
Coal
Mining
Co
Ltd
3,998
277,453
Yanzhou
Coal
Mining
Co
Ltd
(Class
A)
770
1,118,820
Yinson
Holdings
BHD
591
TOTAL
ENERGY
6,175,180
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
2.0%
1,746,927
Abacus
Property
Group
1,174
1,731,028
(a)
Abacus
Storage
King
1,157
859,890
Acadia
Realty
Trust
12,339
687
Activia
Properties,
Inc
1,895
481
Advance
Logistics
Investment
Corp
405
1,089
Advance
Residence
Investment
Corp
2,469
140,959
(b)
Aedifica
S.A.
8,011
1,370
AEON
REIT
Investment
Corp
1,342
74,204
Agree
Realty
Corp
4,099
396,922
AIMS
AMP
Capital
Industrial
REIT
377
170,744
Alexander
&
Baldwin,
Inc
2,857
150,210
(b)
Alexandria
Real
Estate
Equities,
Inc
15,036
50,980
Allied
Properties
Real
Estate
Investment
Trust
673
3,578
(b)
Altarea
SCA
328
421,400
(b)
American
Assets
Trust,
Inc
8,196
2,437,268
(b)
American
Homes
4
Rent
82,112
1,003,338
American
Tower
Corp
164,999
383,351
(b)
Americold
Realty
Trust,
Inc
11,658
134,890
Apartment
Income
REIT
Corp
4,141
893,191
(b)
Apple
Hospitality
REIT,
Inc
13,702
583,200
AREIT,
Inc
338
295,311
Arena
REIT
634
138,744
Armada
Hoffler
Properties,
Inc
1,421
55,044
Artis
Real
Estate
Investment
Trust
262
3,351,478
Ascendas
REIT
6,722
2,501,330
Assura
plc
1,290
306,371
AvalonBay
Communities,
Inc
52,616
1,291,161
Axis
Real
Estate
Investment
Trust
506
565,957
Balanced
Commercial
Property
Trust
Ltd
467
186,244
Big
Yellow
Group
plc
2,122
19,528
Boardwalk
REIT
961
111,174
(b)
Boston
Properties,
Inc
6,613
577,549
Braemar
Hotels
&
Resorts,
Inc
1,600
828,158
British
Land
Co
plc
3,190
152,800
Brixmor
Property
Group,
Inc
3,175
702,428
Broadstone
Net
Lease,
Inc
10,045
124,376
(c)
Brookfield
India
Real
Estate
Trust
361
29,199
BSR
Real
Estate
Investment
Trust
349
53
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
405,187
Bunnings
Warehouse
Property
Trust
$
869
5,348,962
Cambridge
Industrial
Trust
1,093
18,090
(b)
Camden
Property
Trust
1,711
269,667
Canadian
Apartment
Properties
REIT
8,950
1,733,761
CapitaLand
Ascott
Trust
1,215
4,535,973
CapitaMall
Trust
6,121
1,047,787
CapitaRetail
China
Trust
677
147,000
CareTrust
REIT,
Inc
3,014
46,944
Carmila
S.A.
702
802,868
CDL
Hospitality
Trusts
609
587,201
Centuria
Capital
Group
510
458,480
Centuria
Industrial
REIT
882
325,189
Centuria
Office
REIT
238
1,719,806
Champion
Real
Estate
Investment
Trust
566
396,445
Charter
Hall
Group
2,395
2,536,118
Charter
Hall
Long
Wale
REIT
5,218
269,317
Charter
Hall
Social
Infrastructure
REIT
433
386,278
(b)
Chatham
Lodging
Trust
3,697
136,546
Choice
Properties
Real
Estate
Investment
Trust
1,275
130,049
CLS
Holdings
plc
188
27,236
(b)
Cofinimmo
1,867
540
Comforia
Residential
REIT,
Inc
1,197
36,270
Community
Healthcare
Trust,
Inc
1,077
608,504
Concentradora
Fibra
Danhos
S.A.
de
C.V.
684
115,963
Cousins
Properties,
Inc
2,362
496
CRE
Logistics
REIT,
Inc
545
48,384
Crombie
Real
Estate
Investment
Trust
445
300,500
Cromwell
European
Real
Estate
Investment
Trust
407
1,316,575
Cromwell
Group
312
849,177
Crown
Castle,
Inc
78,150
46,944
CT
Real
Estate
Investment
Trust
473
60,198
CubeSmart
2,295
338,366
Custodian
Property
Income
Reit
plc
339
1,963
Daiwa
House
REIT
Investment
Corp
3,463
246
Daiwa
Office
Investment
Corp
1,099
1,581
Daiwa
Securities
Living
Investments
Corp
1,172
269,998
Derwent
London
plc
6,330
199,459
Dexus
Industria
REIT
328
236,677
Dexus
Property
Group
1,103
726,800
(b)
Digital
Core
REIT
Management
Pte
Ltd
384
172,891
Digital
Realty
Trust,
Inc
20,923
111,800
Dream
Industrial
Real
Estate
Investment
Trust
1,057
14,516
Dream
Office
Real
Estate
Investment
Trust
103
437,000
(a),(d)
Eagle
Hospitality
Trust
4
341,027
EastGroup
Properties,
Inc
56,791
447,229
Embassy
Office
Parks
REIT
1,619
1,745,119
Emlak
Konut
Gayrimenkul
Yatirim
Ortakligi
AS.
514
540,120
Empiric
Student
Property
plc
590
171,874
EPR
Properties
7,140
87,222
Equinix,
Inc
63,346
664,877
Equites
Property
Fund
Ltd
442
1,026,462
(b)
Equity
Lifestyle
Properties,
Inc
65,396
401,303
(b)
Equity
Residential
23,561
115,908
ESR
Kendall
Square
REIT
Co
Ltd
325
709,114
Essential
Properties
Realty
Trust,
Inc
15,338
45,761
Essex
Property
Trust,
Inc
9,705
32,300
Eurocommercial
Properties
NV
716
140,483
Extra
Space
Storage,
Inc
17,080
933,805
Far
East
Hospitality
Trust
434
94,910
Federal
Realty
Investment
Trust
8,602
624,900
(c)
FIBRA
Macquarie
Mexico
1,047
2,456,897
Fibra
Uno
Administracion
S.A.
de
C.V.
4,095
CREF
Stock
Account
September
30,
2023
54
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
91,967
First
Capital
Real
Estate
Investment
Trust
$
901
175,823
First
Industrial
Realty
Trust,
Inc
8,367
2,739
Fonciere
Des
Regions
121
1,147,000
Fortune
Real
Estate
Investment
Trust
688
46,880
Four
Corners
Property
Trust,
Inc
1,040
876,877
Frasers
Centrepoint
Trust
1,402
853,000
Frasers
Hospitality
Trust
315
2,488,945
Frasers
Logistics
&
Commercial
Trust
1,943
405
Frontier
Real
Estate
Investment
Corp
1,239
564
Fukuoka
REIT
Corp
600
350,469
(b)
Gaming
and
Leisure
Properties,
Inc
15,964
4,801
Gecina
S.A.
490
34,500
Gladstone
Commercial
Corp
420
900
Global
One
Real
Estate
Investment
Corp
691
3,889
GLP
J-Reit
3,476
1,323,456
Goodman
Group
18,139
903,411
Goodman
Property
Trust
1,145
1,623,268
GPT
Group
4,042
25,439
Granite
REIT
1,350
4,658,690
Great
Portland
Estates
plc
23,748
487,402
Growthpoint
Properties
Australia
Ltd
688
2,786,282
Growthpoint
Properties
Ltd
1,553
111,669
H&R
Real
Estate
Investment
Trust
759
49,040
Hamborner
REIT
AG.
334
3,487,634
(b)
Hammerson
plc
1,067
521
Hankyu
Reit,
Inc
492
198,955
Healthcare
Realty
Trust,
Inc
3,038
621,753
(b)
Healthpeak
Properties,
Inc
11,415
837
Heiwa
Real
Estate
REIT,
Inc
820
317,904
Hersha
Hospitality
Trust
3,135
175,633
HMC
Capital
Ltd
529
896,843
(d)
Home
Reit
plc
1
2,211,194
HomeCo
Daily
Needs
REIT
1,633
205
Hoshino
Resorts
REIT,
Inc
898
846,848
(b)
Host
Marriott
Corp
13,609
25,497
(a)
Howard
Hughes
Holdings,
Inc
1,890
103,942
Hudson
Pacific
Properties,
Inc
691
1,339
Hulic
Reit,
Inc
1,428
259,138
Hyprop
Investments
Ltd
436
32,194
ICADE
1,060
1,139
Ichigo
Office
REIT
Investment
Corp
667
252,563
Impact
Healthcare
Reit
plc
255
17,745
Independence
Realty
Trust,
Inc
250
1,651
Industrial
&
Infrastructure
Fund
Investment
Corp
1,525
1,648,286
Ingenia
Communities
Group
4,410
261,894
Inmobiliaria
Colonial
Socimi
S.A.
1,485
4,153
(b)
Innovative
Industrial
Properties,
Inc
314
52,779
InterRent
Real
Estate
Investment
Trust
485
20,195
(b)
Intervest
Offices
293
670,785
Investec
Property
Fund
Ltd
266
5,560
Invincible
Investment
Corp
2,296
482,262
(b)
Invitation
Homes,
Inc
15,283
306,705
Irish
Residential
Properties
REIT
plc
301
475,275
(a)
Is
Gayrimenkul
Yatirim
Ortakligi
AS
410
163,994
Jadwa
REIT
Saudi
Fund
547
942
Japan
Excellent,
Inc
833
3,773
Japan
Hotel
REIT
Investment
Corp
1,970
739
Japan
Logistics
Fund
Inc
1,433
696
Japan
Prime
Realty
Investment
Corp
1,680
1,092
Japan
Real
Estate
Investment
Corp
4,255
5,948
Japan
Retail
Fund
Investment
Corp
3,858
148,633
JR
Global
Reit
448
55
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
777
Kenedix
Realty
Investment
Corp
$
1,797
896
Kenedix
Residential
Next
Investment
Corp
1,367
548
Kenedix
Retail
REIT
Corp
1,060
8,224,317
Keppel
DC
REIT
12,487
1,577,191
Keppel
REIT
984
40,864
Killam
Apartment
Real
Estate
Investment
Trust
524
110,230
Kilroy
Realty
Corp
3,484
196,700
Kite
Realty
Group
Trust
4,213
1,448,955
Kiwi
Property
Group
Ltd
734
381,356
Klepierre
9,338
66,587
(b)
Lamar
Advertising
Co
5,558
104,121
Land
Securities
Group
plc
746
38,180
Lar
Espana
Real
Estate
Socimi
S.A.
224
1,605
LaSalle
Logiport
REIT
1,539
1,710,844
Lendlease
Global
Commercial
REIT
681
313,900
(b)
Lexington
Realty
Trust
2,794
2,266,327
Link
REIT
11,081
4,226,670
LondonMetric
Property
plc
8,814
94,286
LOTTE
Reit
Co
Ltd
228
1,374,964
LXI
REIT
PLC
1,523
460,780
Mack-Cali
Realty
Corp
7,603
2,057,993
Macquarie
CountryWide
Trust
4,127
1,792,847
Mapletree
Industrial
Trust
2,960
2,940,455
Mapletree
Logistics
Trust
3,605
2,005,822
Mapletree
Pan
Asia
Commercial
Trust
2,093
120,391
(b)
Medical
Properties
Trust,
Inc
656
70,226
Mercialys
S.A
632
298,250
Merlin
Properties
Socimi
S.A.
2,509
7,548
(b)
Mid-America
Apartment
Communities,
Inc
971
211,493
(c)
Mindspace
Business
Parks
REIT
796
52,342
(c)
Minto
Apartment
Real
Estate
Investment
Trust
525
1,614
Mirai
Corp
511
3,336,559
Mirvac
Group
4,535
400
Mitsubishi
Estate
Logistics
REIT
Investment
Corp
1,004
838
Mitsui
Fudosan
Logistics
Park,
Inc
2,639
11,269
Montea
NV
800
15,438
Morguard
North
American
Residential
Real
Estate
Investment
Trust
169
1,357
Mori
Hills
REIT
Investment
Corp
1,286
2,084
Mori
Trust
Sogo
Reit,
Inc
1,015
1,153,400
MREIT,
Inc
251
85,750
National
Retail
Properties,
Inc
3,030
289,558
National
Storage
Affiliates
Trust
9,191
6,324,031
National
Storage
REIT
8,800
121,790
NETSTREIT
Corp
1,897
32,398
Nexus
Industrial
REIT
172
129,265
(a)
Nexus
Select
Trust
193
417
Nippon
Accommodations
Fund,
Inc
1,760
1,302
Nippon
Building
Fund,
Inc
5,272
1,923
Nippon
ProLogis
REIT,
Inc
3,590
361
NIPPON
REIT
Investment
Corp
862
3,864
Nomura
Real
Estate
Master
Fund,
Inc
4,328
114,201
NorthWest
Healthcare
Properties
Real
Estate
Investment
Trust
427
14,296
NSI
NV
271
135,426
Omega
Healthcare
Investors,
Inc
4,491
209
One
REIT,
Inc
362
2,345
Orix
JREIT,
Inc
2,813
811,458
PARAGON
REIT
495
90,297
Park
Hotels
&
Resorts,
Inc
1,112
301,624
Parkway
Life
Real
Estate
Investment
Trust
814
520,697
Picton
Property
Income
Ltd
432
624,182
Piedmont
Office
Realty
Trust,
Inc
3,508
39,550
Plymouth
Industrial
REIT,
Inc
829
CREF
Stock
Account
September
30,
2023
56
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,202
Premier
Investment
Co
$
1,110
33,341
Primaris
REIT
331
1,156,353
Primary
Health
Properties
plc
1,313
569,749
ProLogis
Property
Mexico
S.A.
de
C.V.
1,960
3,168,038
Prologis,
Inc
355,486
361,390
PRS
REIT
PLC
301
142,033
(b)
Public
Storage,
Inc
37,429
112,603
Rayonier,
Inc
3,205
124,186
Realty
Income
Corp
6,202
5,727,752
Redefine
Properties
Ltd
1,072
439,050
(b)
Regency
Centers
Corp
26,097
977,722
Region
RE
Ltd
1,262
177,103
Reit  Ltd
724
262,024
(b)
Resilient
REIT
Ltd
541
8,018
Retail
Estates
NV
480
1,078,674
(b)
Rexford
Industrial
Realty,
Inc
53,233
171,691
RioCan
Real
Estate
Investment
Trust
2,284
91,372
Riyad
REIT
Fund
206
1,031,557
RLJ
Lodging
Trust
10,099
138,410
RPT
Realty
1,462
279,324
Rural
Funds
Group
316
213,113
Ryman
Hospitality
Properties,
Inc
17,748
909,630
Sabra
Health
Care
REIT,
Inc
12,680
866,561
Safestore
Holdings
plc
7,742
315
(b)
Samty
Residential
Investment
Corp
243
493,300
Sasseur
Real
Estate
Investment
Trust
243
118,830
SBA
Communications
Corp
23,786
4,415,547
Scentre
Group
6,938
136,331
Segro
plc
1,192
3,454
Sekisui
House
Reit,
Inc
1,924
176,095
Sella
Capital
Real
Estate
Ltd
366
1,153,001
Service
Properties
Trust
8,867
1,199,033
Shaftesbury
Capital
plc
1,675
1,017,508
(b)
Simon
Property
Group,
Inc
109,921
384,631
SITE
Centers
Corp
4,743
101,462
SK
REITs
Co
Ltd
315
59,866
(b)
SL
Green
Realty
Corp
2,233
167,245
Slate
Grocery
REIT
1,368
59,290
SmartCentres
Real
Estate
Investment
Trust
994
609
SOSiLA
Logistics
REIT,
Inc
503
192,314
Spirit
Realty
Capital,
Inc
6,448
822,802
STAG
Industrial,
Inc
28,395
2,869
Star
Asia
Investment
Corp
1,110
1,275,029
Starhill
Global
REIT
452
166
Starts
Proceed
Investment
Corp
243
525,296
Stockland
Trust
Group
1,315
2,136,790
Summit
Hotel
Properties,
Inc
12,393
209,810
Sun
Communities,
Inc
24,829
820,000
Sunlight
Real
Estate
Investment
Trust
256
237,540
Sunstone
Hotel
Investors,
Inc
2,221
1,718,100
Suntec
Real
Estate
Investment
Trust
1,455
1,202,600
Sunway
Real
Estate
Investment
Trust
374
8,305,828
Supermarket
Income
Reit
plc
7,684
640
Takara
Leben
Real
Estate
Investment
Corp
416
427,670
Tanger
Factory
Outlet
Centers,
Inc
9,665
578,784
Target
Healthcare
REIT
plc
535
15,718
Terreno
Realty
Corp
893
645,200
TF
Administradora
Industrial
S
de
RL
de
C.V.
1,144
722
Tokyu
REIT,
Inc
884
12,073,772
Tritax
Big
Box
REIT
plc
20,547
8,440,072
(c)
Tritax
EuroBox
plc
5,169
754,711
UK
Commercial
Property
REIT
Ltd
488
57
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
657,280
UMH
Properties,
Inc
$
9,215
5,866
(a)
Unibail-Rodamco-Westfield
288
278,974
Unite
Group
plc
3,041
2,604
United
Urban
Investment
Corp
2,711
429,085
Urban
Logistics
REIT
plc
575
9,197
Vastned
Retail
NV
188
504,424
Ventas,
Inc
21,251
1,021,998
VICI
Properties,
Inc
29,740
3,159,059
Vicinity
Ltd
3,424
705,481
Vukile
Property
Fund
Ltd
488
377,759
(b)
Warehouse
REIT
plc
378
401,967
Warehouses
De
Pauw
CVA
9,934
12,936
Washington
REIT
176
579,135
Waypoint
REIT
Ltd
833
366,012
Welltower,
Inc
29,984
29,828
Wereldhave
NV
474
593,589
Weyerhaeuser
Co
18,199
123,394
Workspace
Group
plc
735
23,434
(b)
Xior
Student
Housing
NV
670
1,991,000
(b)
Yuexiu
Real
Estate
Investment
Trust
335
1,013,240
Ziraat
Gayrimenkul
Yatirim
Ortakligi
AS.
202
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
2,178,549
FINANCIAL
SERVICES
-
6.5%
101,400
(b)
360
Finance,
Inc
(ADR)
1,557
135,064
360
ONE
WAM
Ltd
815
48,311
3i
Group
plc
1,216
45,345
(a)
Aavas
Financiers
Ltd
948
24,572
ABC
arbitrage
151
87,734
abrdn
plc
166
27,200
Acom
Co
Ltd
63
46,729
(a),(c)
Adyen
NV
34,646
82,200
AEON
Financial
Service
Co
Ltd
709
65,800
Aeon
Thana
Sinsap
Thailand
PCL
294
27,009
Affiliated
Managers
Group,
Inc
3,520
165,298
(a),(b)
Affirm
Holdings,
Inc
3,516
453,823
(b)
AGNC
Investment
Corp
4,284
263,100
Aiful
Corp
683
248,151
AJ
Bell
plc
831
843,932
Al
Waha
Capital
PJSC
381
471,097
Allfunds
Group
PLC
2,595
729,000
(a),(b),(c)
Alliance
International
Education
Leasing
Holdings
Ltd
138
353,643
Ally
Financial,
Inc
9,435
28,624
Alpha
Group
International
plc
653
33,090
Altshuler
Shaham
Penn
Ltd
49
871,018
Amanat
Holdings
PJSC
249
2,147,925
American
Express
Co
320,449
415,052
Ameriprise
Financial,
Inc
136,834
29,181
Amlak
International
Finance
Co
108
2,698,167
AMP
Ltd
2,166
3,036
(c)
Amundi
S.A.
171
4,440
Anand
Rathi
Wealth
Ltd
90
410,585
Angel
One
Ltd
9,129
139,298
(c)
Anima
Holding
S.p.A
582
150,488
Annaly
Capital
Management,
Inc
2,831
26,492
(b)
Antin
Infrastructure
Partners
S.A.
342
349,734
Apollo
Global
Management,
Inc
31,392
113,230
Aptus
Value
Housing
Finance
India
Ltd
398
351,569
Ares
Management
Corp
36,166
363,608
Ashmore
Group
plc
830
280,100
Asia
Sermkij
Leasing
PCL
170
16,520
(a)
AssetMark
Financial
Holdings,
Inc
414
CREF
Stock
Account
September
30,
2023
58
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
186,935
Australian
Stock
Exchange
Ltd
$
6,838
404,122
(b)
Avanza
Bank
Holding
AB
6,969
84,514
AVIC
Industry-Finance
Holdings
Co
Ltd
41
90,919
Azimut
Holding
S.p.A.
1,979
138,115
(b)
B
Riley
Financial,
Inc
5,661
4,945,629
B3
SA-Brasil
Bolsa
Balcao
12,092
215,500
(a),(c)
Bairong,
Inc
279
233,991
Bajaj
Finance
Ltd
21,948
159,271
Bajaj
Finserv
Ltd
2,945
22,207
Bajaj
Holdings
&
Investment
Ltd
1,898
48,146
(b)
Banca
Generali
SpA
1,698
21,333
Banca
IFIS
S.p.A.
368
181,526
Banca
Mediolanum
S.p.A
1,547
6,819,254
Banco
BTG
Pactual
S.A.
-
Unit
42,151
16,980
Banco
Latinoamericano
de
Exportaciones
S.A.
(Class
E)
360
1,691,100
Bangkok
Commercial
Asset
Management
PCL
486
2,489,852
Bank
of
New
York
Mellon
Corp
106,192
348,364
(a),(d)
BBI
EPS
Ltd
2
1,783,003
(a)
Berkshire
Hathaway,
Inc
624,586
1,154,800
(a)
Beyond
Securities
PCL
207
155,039
(c)
BFF
Bank
S.p.A
1,547
5,541,800
BFI
Finance
Indonesia
Tbk
PT
411
159,400
BGC
Group,
Inc
842
217,684
BlackRock,
Inc
140,731
495,628
Blackstone,
Inc
53,102
48,104
(a)
Block,
Inc
2,119
449,685
(a)
Block,
Inc
19,903
342,710
Blue
Owl
Capital,
Inc
4,442
63,400
BOC
International
China
Co
Ltd
99
355,400
(b)
Bolsa
Mexicana
de
Valores
SAB
de
C.V.
667
71,749
Boursa
Kuwait
Securities
Co
KPSC
427
934,914
Bridgepoint
Group
Holdings
Ltd
2,197
222,355
Brightsphere
Investment
Group,
Inc
4,311
323,201
(b)
Brookfield
Asset
Management
Ltd
10,770
1,297,751
(a),(b)
Brookfield
Corp
40,578
55,317
BSE
Ltd
863
156,636
(b)
Bure
Equity
AB
3,115
154,805
Burford
Capital
Ltd
2,118
533,500
Bursa
Malaysia
BHD
766
128,452
Caitong
Securities
Co
Ltd
139
65,294
Can
Fin
Homes
Ltd
600
85,493
Canaccord
Financial,
Inc
507
353,157
(a)
Cannae
Holdings,
Inc
6,583
300,130
(a)
Cantaloupe,
Inc
1,876
178
Capital
One
Financial
Corp
17
1,479,000
Capital
Securities
Corp
670
91,472
Carlyle
Group,
Inc
2,759
91,903
Cboe
Global
Markets,
Inc
14,356
25,176
Cembra
Money
Bank
AG.
1,707
42,362
Central
Depository
Services
India
Ltd
692
34,900
Century
Leasing
System,
Inc
1,391
1,297,325
Chailease
Holding
Co
Ltd
7,285
396,552
Challenger
Financial
Services
Group
Ltd
1,625
77,264
Changjiang
Securities
Co
Ltd
62
5,782,447
Charles
Schwab
Corp
317,456
2,009,000
China
Bills
Finance
Corp
893
4,269,574
China
Cinda
Asset
Management
Co
Ltd
429
896,000
China
Everbright
Ltd
517
1,647,959
China
Galaxy
Securities
Co
Ltd
848
114,250
China
Galaxy
Securities
Co
Ltd
(Class
A)
173
142,400
China
Great
Wall
Securities
Co
Ltd
163
29,500
China
International
Capital
Corp
Ltd
152
59
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,364,537
(c)
China
International
Capital
Corp
Ltd
$
2,491
167,636
China
Merchants
Securities
Co
Ltd
322
100,900
(a),(b),(c),(d)
China
Renaissance
Holdings
Ltd
47
76,922
Cholamandalam
Financial
Holdings
Ltd
1,074
972,583
Cholamandalam
Investment
and
Finance
Co
Ltd
14,226
157,922
(b)
CI
Financial
Corp
1,798
1,011,500
Cielo
S.A.
706
1,766,965
CITIC
Securities
Co
Ltd
3,567
338,516
CITIC
Securities
Co
Ltd
(Class
A)
1,011
101,934
(c)
CMC
Markets
plc
131
307,048
CME
Group,
Inc
61,477
91,299
Coface
S.A.
1,162
72,660
Cohen
&
Steers,
Inc
4,555
126,337
(a),(b)
Coinbase
Global,
Inc
9,485
239,420
(b)
Compass
Diversified
Trust
4,494
649,015
Corebridge
Financial,
Inc
12,818
1,153,425
Coronation
Fund
Managers
Ltd
1,887
97,126
Creades
AB
552
4,876
(a),(b)
Credit
Acceptance
Corp
2,244
55,545
(b)
Credit
Corp
Group
Ltd
686
249,100
Credit
Saison
Co
Ltd
3,950
44,826
(a)
CreditAccess
Grameen
Ltd
710
14,441
CRISIL
Ltd
681
120,625
CSC
Financial
Co
Ltd
408
2,962,000
CSSC
Hong
Kong
Shipping
Co
Ltd
517
128,833
Daishin
Securities
Co
Ltd
1,388
28,638
Daishin
Securities
Co
Ltd
PF
287
1,227,200
(a),(b)
Daiwa
Securities
Group,
Inc
7,077
31,962
(a)
Danal
Co
Ltd
78
11,520
Daou
Data
Corp
109
17,593
Daou
Technology,
Inc
227
96,204
Deutsche
Bank
AG.
(Registered)
1,057
12,155
Deutsche
Beteiligungs
AG.
404
190,788
Deutsche
Boerse
AG.
32,948
115,689
(b),(c)
Deutsche
Pfandbriefbank
AG.
819
549,654
Discover
Financial
Services
47,617
69,025
Dongxing
Securities
Co
Ltd
77
41,449
(b),(c)
doValue
S.p.A
161
1,429,907
Dubai
Financial
Market
PJSC
619
1,172,306
East
Money
Information
Co
Ltd
2,460
172,210
(b)
ECN
Capital
Corp
292
17,097,080
Edelweiss
Financial
Services
Ltd
12,567
272,817
Edenred
17,066
74,818
EFG
International
847
399,265
E-Finance
for
Digital
&
Financial
Investments
239
25,886
eGuarantee,
Inc
337
918,084
(a)
Egyptian
Financial
Group-Hermes
Holding
438
867,740
Element
Fleet
Management
Corp
12,451
304,322
Enact
Holdings,
Inc
8,287
12,530
(a)
Enova
International,
Inc
637
491,228
(b)
EQT
AB
9,679
1,451,276
Equitable
Holdings,
Inc
41,202
208,811
Essent
Group
Ltd
9,875
1,895
Eurazeo
113
20,446
(a)
Euronet
Worldwide,
Inc
1,623
1,049,469
(c)
Euronext
NV
73,000
105,806
Everbright
Securities
Co
Ltd
243
165,450
Evercore
Partners,
Inc
(Class
A)
22,812
40,345
EVERTEC,
Inc
1,500
34,278
(a)
EXOR
NV
3,042
84,160
EXOR
NV
7,444
25,456
Factset
Research
Systems,
Inc
11,131
CREF
Stock
Account
September
30,
2023
60
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
531,401
Far
East
Horizon
Ltd
$
382
1,118,533
(a)
Fawry
for
Banking
&
Payment
Technology
Services
SAE
187
2,693,205
Fidelity
National
Information
Services,
Inc
148,853
55,663
(b)
Fiera
Capital
Corp
230
56,600
Financial
Partners
Group
Co
Ltd
509
94,600
FinVolution
Group
(ADR)
471
155,891
First
Capital
Securities
Co
Ltd
126
14,351
First
National
Financial
Corp
377
300,789
FirstCash
Holdings,
Inc
30,193
3,090,039
FirstRand
Ltd
10,405
2,164,769
(a)
Fiserv,
Inc
244,532
55,566
(a)
Five-Star
Business
Finance
Ltd
466
121,989
(a)
flatexDEGIRO
AG.
1,066
93,017
(a)
FleetCor
Technologies,
Inc
23,751
207,014
(a)
FleetPartners
Group
Ltd
363
27,392
Flow
Traders
510
536,655
(a)
Flywire
Corp
17,114
183,100
Founder
Securities
Co
Ltd
186
216,983
Franklin
Resources,
Inc
5,333
9,009,087
Fuhwa
Financial
Holdings
Co
Ltd
6,998
22,453
(a)
Fusion
Micro
Finance
Ltd
161
47,000
(a)
Futu
Holdings
Ltd
(ADR)
2,717
14,484
Fuyo
General
Lease
Co
Ltd
1,166
831,500
(c)
Genertec
Universal
Medical
Group
Co
Ltd
414
909,500
(b)
Gentera
SAB
de
C.V.
1,068
512,836
GF
Securities
Co
Ltd
685
168,708
GF
Securities
Co
Ltd
(Class
A)
340
343,831
Global
Payments,
Inc
39,675
2,500
(b)
GMO
Financial
Gate,
Inc
178
15,901
GMO
Financial
Holdings,
Inc
77
279,877
GMO
Payment
Gateway,
Inc
15,271
105,016
(b)
goeasy
Ltd
8,244
508,832
Goldman
Sachs
Group,
Inc
164,643
1,771,100
(a)
Grab
Holdings
Ltd
6,270
21,587
GRENKE
AG.
471
34,048
Groupe
Bruxelles
Lambert
S.A.
2,534
10,312
Guangzhou
Yuexiu
Capital
Holdings
Group
Co
Ltd
9
28,904
Guolian
Securities
Co
Ltd
42
166,149
Guosen
Securities
Co
Ltd
210
2,407,800
(b)
Guotai
Junan
International
Holdings
Ltd
187
194,816
Guotai
Junan
Securities
Co
Ltd
389
113,154
Guoyuan
Securities
Co
Ltd
105
2,662,810
(b)
Haitong
International
Securities
Group
Ltd
241
1,422,773
Haitong
Securities
Co
Ltd
851
250,312
Haitong
Securities
Co
Ltd
(Class
A)
342
2,298,000
(b),(c)
Haitong
UniTrust
International
Leasing
Co
Ltd
288
45,620
Hamilton
Lane,
Inc
4,126
1,020,487
(a)
Hanwha
Investment
&
Securities
Co
Ltd
1,806
17,657
Hargreaves
Lansdown
plc
166
37,394
(c)
HDFC
Asset
Management
Co
Ltd
1,191
298,847
Helia
Group
Ltd
669
14,886
Hithink
RoyalFlush
Information
Network
Co
Ltd
307
26,101
(c)
Home
First
Finance
Co
India
Ltd
254
1,322,711
Hong
Kong
Exchanges
and
Clearing
Ltd
49,089
178,000
Hotai
Finance
Co
Ltd
729
38,591
Houlihan
Lokey,
Inc
4,134
645,740
(c)
Huatai
Securities
Co
Ltd
823
106,634
Huatai
Securities
Co
Ltd
(Class
A)
232
29,800
Huaxi
Securities
Co
Ltd
34
62,369
HUB24
Ltd
1,297
3,582
(a)
Hypoport
SE
483
66,879
(a)
I3
Verticals,
Inc
1,414
68,982
(c)
ICICI
Securities
Ltd
516
1,116
ICRA
Ltd
74
61
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
914,517
IDFC
Ltd
$
1,415
103,100
(b)
iFAST
Corp
Ltd
422
2,392,964
IG
Group
Holdings
plc
18,734
81,467
(b)
IGM
Financial,
Inc
2,066
158,497
IIFL
Finance
Ltd
1,136
47,551
Illimity
Bank
S.p.A
264
82,749
Impax
Asset
Management
Group
plc
461
233,398
Indiabulls
Housing
Finance
Ltd
520
3,422,586
(c)
Indian
Energy
Exchange
Ltd
5,435
223,554
Industrial
Securities
Co
Ltd
198
7,664
(b)
Industrivarden
AB
202
140,578
Industrivarden
AB
3,707
860,724
Infibeam
Avenues
Ltd
183
236,392
IntegraFin
Holdings
plc
684
76,758
Interactive
Brokers
Group,
Inc
(Class
A)
6,644
1,402,011
Intercontinental
Exchange,
Inc
154,249
242,801
Intermediate
Capital
Group
plc
4,076
72,940
(a)
International
Money
Express,
Inc
1,235
278,422
Invesco
Ltd
4,043
395,250
Investec
Ltd
2,274
549,539
Investec
plc
3,230
51,104
Investment
AB
Oresund
446
85,910
Investor
AB
1,645
503,905
(b)
IOOF
Holdings
Ltd
777
976,103
IP
Group
plc
631
437,030
Is
Yatirim
Menkul
Degerler
AS
648
2,800
iShares
Core
S&P
500
ETF
1,202
1,832,024
(b)
iShares
MSCI
ACWI
ETF
169,224
728,853
(b)
iShares
MSCI
Canada
Index
Fund
24,387
27,500
(b)
iShares
MSCI
EAFE
Index
Fund
1,895
6,580
(b)
iShares
Russell
2000
Index
Fund
1,163
163,529
Isracard
Ltd
676
61,800
(b)
J
Trust
Co
Ltd
198
19,325
(b)
Jaccs
Co
Ltd
667
31,717
Jack
Henry
&
Associates,
Inc
4,794
120,100
Jackson
Financial,
Inc
4,590
450,854
Jafco
Co
Ltd
4,959
102,653
Janus
Henderson
Group
plc
2,650
72,100
(b)
Japan
Securities
Finance
Co
Ltd
692
294,672
Jefferies
Financial
Group,
Inc
10,794
430,325
JM
Financial
Ltd
447
549,200
JMT
Network
Services
PCL
717
55,914
JSE
Ltd
273
110,214
(c)
JTC
plc
975
280,211
Julius
Baer
Group
Ltd
17,936
404,358
Jupiter
Fund
Management
plc
472
21,315
(a)
Kakaopay
Corp
643
43,358
(a)
Kfin
Technologies
Ltd
245
2,710,000
(a),(b)
Kingkey
Financial
International
Holdings
Ltd
343
195,445
(a)
Kinnevik
AB
1,941
13,026
KIWOOM
Securities
Co
Ltd
910
780,090
KKR
&
Co,
Inc
48,054
17,429
Korea
Investment
Holdings
Co
Ltd
684
14,303
KRUK
S.A.
1,353
640,928
Krungthai
Card
PCL
773
3,294
L
E
Lundbergforetagen
AB
137
533,338
L&T
Finance
Holdings
Ltd
853
1,079,311
Ladder
Capital
Corp
11,074
150,618
Lazard
Ltd
(Class
A)
4,671
8,920
Leonteq
AG.
372
69,600
LexinFintech
Holdings
Ltd
(ADR)
154
250,092
LIC
Housing
Finance
Ltd
1,395
60,006
Liontrust
Asset
Management
plc
443
966,961
London
Stock
Exchange
Group
plc
96,914
CREF
Stock
Account
September
30,
2023
62
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
250,295
LPL
Financial
Holdings,
Inc
$
59,483
292,800
Lufax
Holding
Ltd
(ADR)
310
12,300
(b)
M&A
Capital
Partners
Co
Ltd
220
69,300
(a),(b)
M&A
Research
Institute
Holdings,
Inc
1,596
2,446,240
M&G
plc
5,861
66,988
(b)
MA
Financial
Group
Ltd
204
335,782
Macquarie
Group
Ltd
35,958
139,328
Magellan
Financial
Group
Ltd
820
385,365
Mahindra
&
Mahindra
Financial
Services
Ltd
1,394
20,052,152
Man
Group
plc
54,502
467,444
Manappuram
Finance
Ltd
841
16,099
MarketAxess
Holdings,
Inc
3,439
2,540,240
(a)
Marqeta,
Inc
15,191
147,800
(b)
Marui
Co
Ltd
2,401
11,381
(c)
MAS
Financial
Services
Ltd
124
2,298,090
Mastercard,
Inc
(Class
A)
909,837
110,300
(b)
Matsui
Securities
Co
Ltd
606
89,521
Meritz
Financial
Group,
Inc
3,664
8,592,000
Metro
Pacific
Investments
Corp
543
69,590
MGIC
Investment
Corp
1,161
113,599
Mirae
Asset
Daewoo
Co
Ltd
543
711,500
Mitsubishi
UFJ
Lease
&
Finance
Co
Ltd
4,741
24,500
Mizuho
Leasing
Co
Ltd
804
99,654
(a)
Molten
Ventures
plc
277
158,952
Monex
Group,
Inc
591
64,700
Moody's
Corp
20,456
2,179,639
Morgan
Stanley
178,011
19,522
Morningstar,
Inc
4,573
39,542
Motilal
Oswal
Financial
Services
Ltd
418
80,060
(a)
Mr
Cooper
Group,
Inc
4,288
83,348
MSCI,
Inc
(Class
A)
42,764
478,382
Muangthai
Capital
PCL
470
21,600
Multi
Commodity
Exchange
of
India
Ltd
532
50,216
Muthoot
Finance
Ltd
756
99,600
Nanjing
Securities
Co
Ltd
111
328,734
Nasdaq
Stock
Market,
Inc
15,973
367,093
National
Investments
Co
KSCP
270
48,490
(a)
Nayifat
Finance
Co
182
98,567
Netwealth
Group
Ltd
951
413,849
(a),(c)
Network
International
Holdings
plc
1,970
29,312
(a),(c)
Nexi
S.p.A
179
1,044,400
Ngern
Tid
Lor
PCL
595
22,894
NHN
KCP
Corp
139
18,149
NICE
Holdings
Co
Ltd
175
164,299
Ninety
One
Ltd
338
224,311
Ninety
One
plc
468
120,074
(c)
Nippon
Life
India
Asset
Management
Ltd
474
323,994
(a)
NMI
Holdings,
Inc
8,777
35,400
Noah
Holdings
Ltd
(ADR)
441
2,765,900
(a)
Nomura
Holdings,
Inc
11,076
299,199
Nordnet
AB
publ
3,935
190,835
(a)
Nuvama
Wealth
Management
Ltd
5,539
413,344
(b)
Nuvei
Corp
6,199
106,725
(c)
Nuvei
Corp
1,601
119,593
Okasan
Holdings,
Inc
555
3,685,199
(a),(b)
Omni
Bridgeway
Ltd
4,235
209,515
OneMain
Holdings,
Inc
8,399
68,207
Onex
Corp
4,009
41,250
Orient
Corp
320
196,051
Orient
Securities
Co
Ltd
259
2,447,640
ORIX
Corp
45,703
467,277
Osaka
Securities
Exchange
Co
Ltd
8,657
1,931,601
OSB
Group
plc
7,664
88,688
(a)
Oyak
Yatirim
Menkul
Degerler
AS.
190
63
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
57,980
P10,
Inc
$
675
6,068,800
(a)
Pacific
Strategic
Financial
Tbk
PT
430
307,140
(a)
Pagseguro
Digital
Ltd
2,644
190,238
Paragon
Group
of
Cos
plc
1,137
1,126
Partners
Group
1,264
88,430
Patria
Investments
Ltd
1,289
1,072,800
(a)
Payoneer
Global,
Inc
6,566
2,033,047
(a)
PayPal
Holdings,
Inc
118,852
153,850
(a)
Paysafe
Ltd
1,845
1,538,400
(a),(b)
Pensionbee
Group
plc
1,308
202,171
Pepper
Money
Ltd
168
93,930
Perpetual
Trustees
Australia
Ltd
1,258
118,234
(b)
Pinnacle
Investment
Management
Group
Ltd
679
106,554
Piper
Jaffray
Cos
15,483
4,386,774
Piramal
Enterprises
Ltd
55,303
378,181
Platinum
Asset
Mangement
Ltd
314
416,028
Plus500
Ltd
6,990
86,280
(a),(c)
PNB
Housing
Finance
Ltd
719
64,698
Polar
Capital
Holdings
plc
367
188,830
Poonawalla
Fincorp
Ltd
862
243,530
(a)
Power
Finance
Corp
Ltd
739
974,118
Power
Finance
Corp
Ltd
2,950
669,000
President
Securities
Corp
389
177,730
Provident
Financial
plc
273
911,717
PSG
Konsult
Ltd
631
1,075,784
(c)
Quilter
plc
1,121
1,793,800
Ratchthani
Leasing
PCL
149
46,752
Rathbone
Brothers
990
187,173
Ratos
AB
(B
Shares)
557
143,986
Raymond
James
Financial,
Inc
14,461
1,962,507
REC
Ltd
6,779
7,940
Regional
Management
Corp
220
54,149
Reinet
Investments
S.C.A
1,189
12,485,688
(a)
Reliance
Strategic
Investments
Ltd
34,762
425,460
Remgro
Ltd
3,337
602,676
(a)
Remitly
Global,
Inc
15,199
94,644
(b),(c)
Resurs
Holding
AB
204
11,261
Ricoh
Leasing
Co
Ltd
330
368,750
Rithm
Capital
Corp
3,426
780,002
(a)
Robinhood
Markets,
Inc
7,652
94,909
(a),(b)
Rocket
Cos,
Inc
776
732,600
S&P
Global,
Inc
267,699
485,700
Sabuy
Technology
PCL
92
22,865
Samsung
Securities
Co
Ltd
622
19,589
Saudi
Tadawul
Group
Holding
Co
1,009
110,107
SBI
Cards
&
Payment
Services
Ltd
1,047
1,255,850
SBI
Holdings,
Inc
26,430
40,008
Schroders
plc
198
153,200
SDIC
Capital
Co
Ltd
145
76,488
SEI
Investments
Co
4,607
151,000
Shanxi
Securities
Co
Ltd
119
9,187
Share
India
Securities
Ltd
144
665,244
Shenwan
Hongyuan
Group
Co
Ltd
396
72,719
(a),(b)
Shift4
Payments,
Inc
4,026
3,847
Shinyoung
Securities
Co
Ltd
160
36,465
SHL
Finance
Co
178
118,805
Shriram
Finance
Ltd
2,742
805,674
Singapore
Exchange
Ltd
5,732
105,000
Sinolink
Securities
Co
Ltd
134
172,428
SLM
Corp
2,348
27,107,620
Sociedad
de
Inversiones
Oro
Blanco
S.A.
211
3,695
Societe
Fonciere
Financiere
et
de
Participations
FFP
389
695,298
(a),(b)
SoFi
Technologies,
Inc
5,555
16,872
(b)
Sofina
S.A.
3,410
CREF
Stock
Account
September
30,
2023
64
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
215,935
SooChow
Securities
Co
Ltd
$
250
292,973
Southwest
Securities
Co
Ltd
166
20,048
(a)
Spandana
Sphoorty
Financial
Ltd
201
18,871
Sparx
Group
Co
Ltd
190
4,500
SPDR
S&P
500
ETF
Trust
1,924
183,043
(b)
SPDR
S&P
Biotech
ETF
13,366
16,984
(b)
Sprott,
Inc
517
548,400
Srisawad
Corp
PCL
641
27,228
St.
James's
Place
plc
275
437,086
(b)
Starwood
Property
Trust,
Inc
8,458
87,373
State
Street
Corp
5,850
230,290
StepStone
Group,
Inc
7,273
77,889
Stifel
Financial
Corp
4,785
637,343
(a)
StoneCo
Ltd
6,800
79,352
(a)
StoneX
Group,
Inc
7,691
8,624
Strike
Co
Ltd
193
588,735
Sun
Hung
Kai
&
Co
Ltd
202
81,795
Svolder
AB
380
9,841
Swissquote
Group
Holding
S.A.
1,793
355,000
SY
Holdings
Group
Ltd
230
167,216
T
Rowe
Price
Group,
Inc
17,536
97,381
Tamburi
Investment
Partners
S.p.A.
862
10,866
Tata
Investment
Corp
Ltd
427
1,119,359
(a)
Tel
Aviv
Stock
Exchange
Ltd
6,459
69,715
(b)
Timbercreek
Financial
Corp
347
272,458
TMX
Group
Ltd
5,855
387,194
(a),(b)
Toast,
Inc
7,252
173,480
Tokai
Tokyo
Securities
Co
Ltd
562
84,132
Tong
Yang
Investment
Bank
156
662,090
TP
ICAP
Group
plc
1,374
49,223
TPG,
Inc
1,483
84,721
Tradeweb
Markets,
Inc
6,795
1,397,077
Turkiye
Sinai
Kalkinma
Bankasi
AS
413
379,671
(a)
Tyro
Payments
Ltd
329
223,394
(b)
UBS
Group
AG
5,507
3,868,497
UBS
Group
AG
95,290
85,600
(a),(b)
Up
Fintech
Holding
Ltd
(ADR)
438
43,062
UTI
Asset
Management
Co
Ltd
407
72,559
(b)
UWM
Holdings
Corp
352
848,011
Value
Partners
Group
Ltd
266
198,910
Victory
Capital
Holdings,
Inc
6,632
247,781
Virtu
Financial,
Inc
4,279
2,598,064
(b)
Visa,
Inc
(Class
A)
597,581
23,678
Vontobel
Holding
AG.
1,406
235,697
Voya
Financial,
Inc
15,662
23,175
Warsaw
Stock
Exchange
198
2,122,395
Waterland
Financial
Holdings
766
31,400
(a),(b)
WealthNavi,
Inc
266
28,727
Wendel
2,271
112,603
Western
Securities
Co
Ltd
102
534,074
Western
Union
Co
7,039
18,460
(a)
WEX,
Inc
3,472
665,972
(a)
Wise
plc
5,554
62,247
Woori
Investment
&
Securities
Co
Ltd
471
11,924
(a),(c)
Worldline
S.A.
335
798,638
XP,
Inc
18,409
33,975
(c)
XTB
S.A.
239
6,653,200
(b)
Yangzijiang
Financial
Holding
Ltd
1,750
185,200
(a),(b)
Yeahka
Ltd
348
1,698,000
(b),(c)
Yixin
Group
Ltd
153
199,129
Yulon
Finance
Corp
1,134
141,365
Zenkoku
Hosho
Co
Ltd
4,642
65
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
49,091
Zheshang
Securities
Co
Ltd
$
68
293,700
Zhongtai
Securities
Co
Ltd
286
TOTAL
FINANCIAL
SERVICES
7,024,048
FOOD,
BEVERAGE
&
TOBACCO
-
3.4%
1,053,788
(a),(b)
a2
Milk
Co
Ltd
2,880
150,157
AAK
AB
2,702
138,193
AG.
Barr
plc
828
6,963
Agrana
Beteiligungs
AG.
113
241,807
Agthia
Group
PJSC
309
377,437
Ajinomoto
Co,
Inc
14,553
15,719
Al
Jouf
Agricultural
Development
Co
203
221,987
Almarai
Co
JSC
3,767
326,406
Altria
Group,
Inc
13,725
4,041,209
Ambev
S.A.
10,540
165,160
Anadolu
Efes
Biracilik
Ve
Malt
Sanayii
AS
637
39,511
Angel
Yeast
Co
Ltd
182
1,361,532
Anheuser-Busch
InBev
S.A.
75,478
109,828
Anhui
Gujing
Distillery
Co
Ltd
1,841
21,514
Anhui
Gujing
Distillery
Co
Ltd
(Class
A)
803
29,417
Anhui
Kouzi
Distillery
Co
Ltd
209
41,100
Anhui
Yingjia
Distillery
Co
Ltd
416
26,523
(b)
Anora
Group
Oyj
126
447,926
(b)
Arca
Continental
SAB
de
C.V.
4,068
33,562
Archer-Daniels-Midland
Co
2,531
16,072
Ariake
Japan
Co
Ltd
546
4,007,508
(a)
Aryzta
AG.
6,854
258,335
Asahi
Breweries
Ltd
9,650
725,862
Associated
British
Foods
plc
18,236
32,112
Astral
Foods
Ltd
232
405,000
(b)
Ausnutria
Dairy
Corp
Ltd
149
76,223
Austevoll
Seafood
ASA
534
141,351
(a)
Australian
Agricultural
Co
Ltd
117
54,581
Avanti
Feeds
Ltd
290
299,683
AVI
Ltd
1,180
41,845
Bakkafrost
P
2,133
642,706
Baladna
226
99,297
Balrampur
Chini
Mills
Ltd
521
177
Barry
Callebaut
AG.
281
227,536
Bega
Cheese
Ltd
367
235,601
Beijing
Dabeinong
Technology
Group
Co
Ltd
218
184,700
Beijing
Yanjing
Brewery
Co
Ltd
255
1,855
Bell
Food
Group
AG.
551
650,100
Betagro
PCL
404
53,080
Bikaji
Foods
International
Ltd
310
17,447
Bombay
Burmah
Trading
Co
265
6,948
(b)
Bonduelle
S.C.A.
77
7,218
(a)
Boston
Beer
Co,
Inc
(Class
A)
2,812
32,300
BrasilAgro-Co
Brasileira
de
Propriedades
Agricolas
185
697,700
(a)
BRF
S.A.
1,414
94,458
Britannia
Industries
Ltd
5,158
117,800
British
American
Tobacco
Malaysia
BHD
233
1,410,198
British
American
Tobacco
plc
44,278
1,317,690
Britvic
plc
13,961
5,214
Brown-Forman
Corp
(Class
A)
303
19,486
Brown-Forman
Corp
(Class
B)
1,124
1,465,680
(c)
Budweiser
Brewing
Co
APAC
Ltd
2,880
660,322
Bunge
Ltd
71,480
311,591
C&C
Group
plc
527
69,200
Calbee,
Inc
1,316
73,000
Camil
Alimentos
S.A.
112
20,729
Campbell
Soup
Co
852
CREF
Stock
Account
September
30,
2023
66
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
74,581
CANARIABIO,
Inc
$
338
197,200
Carabao
Group
PCL
443
180,562
Carlsberg
AS
(Class
B)
22,766
201,200
Carlsberg
Brewery
Malaysia
Bhd
857
59,493
CCL
Products
India
Ltd
462
36,811
(a)
Celsius
Holdings,
Inc
6,317
947,800
Century
Pacific
Food,
Inc
469
163,800
Charoen
Pokphand
Enterprise
477
2,849,331
Charoen
Pokphand
Foods
PCL
1,618
6,181,218
(a)
Charoen
Pokphand
Indonesia
Tbk
PT
2,168
3,320,021
(c)
China
Feihe
Ltd
1,951
2,408,000
China
Foods
Ltd
791
4,375,889
(a),(d)
China
Huishan
Dairy
Holdings
Co
Ltd
6
370,000
(a),(d)
China
Huiyuan
Juice
Group
Ltd
0^
2,763,227
China
Mengniu
Dairy
Co
Ltd
9,217
3,105,000
(b)
China
Modern
Dairy
Holdings
Ltd
305
1,415,392
China
Resources
Beer
Holdings
Company
Ltd
7,732
937,000
(b),(c)
China
Youran
Dairy
Group
Ltd
173
5
(b)
Chocoladefabriken
Lindt
&
Spruengli
AG.
547
22,427
Chongqing
Brewery
Co
Ltd
262
41,594
Chongqing
Fuling
Zhacai
Group
Co
Ltd
90
97,564
Cia
Cervecerias
Unidas
S.A.
619
6,973
CJ
CheilJedang
Corp
1,583
150,732
Cloetta
AB
252
3,283,463
Coca-Cola
Co
183,808
1,523,127
(a)
Coca-Cola
Europacific
Partners
plc
95,165
453,983
Coca-Cola
Femsa
SAB
de
C.V.
3,563
10,968
Coca-Cola
HBC
AG.
300
607,500
Coca-Cola
West
Japan
Co
Ltd
7,982
2,280,000
(a),(b)
COFCO
Joycome
Foods
Ltd
502
50,191
ConAgra
Brands,
Inc
1,376
85,813
Constellation
Brands,
Inc
(Class
A)
21,567
7,766
(b)
Corby
Spirit
and
Wine
Ltd
83
378,394
Costa
Group
Holdings
Ltd
759
43,371
Cranswick
plc
1,874
15,133
Daesang
Corp
209
330,271
Danone
18,217
121,579
(a)
Darling
International,
Inc
6,346
5,902,662
Davide
Campari-Milano
NV
69,488
2,470,606
Diageo
plc
91,087
2,585
Dongwon
F&B
Co
Ltd
60
8,500
Dydo
Drinco,
Inc
313
1,069,228
Eastern
Tobacco
836
14,100
Eastroc
Beverage
Group
Co
Ltd
354
57,943
(b)
Ebro
Puleva
S.A.
973
317,283
Embotelladora
Andina
S.A.
714
1,856
(b)
Emmi
AG.
1,750
39,215
Ezaki
Glico
Co
Ltd
1,076
591,100
Farm
Fresh
Bhd
151
1,226,948
Fevertree
Drinks
plc
17,964
5,760,000
First
Pacific
Co
2,275
469,000
First
Resources
Ltd
524
19,910
Flowers
Foods,
Inc
442
1,680,683
(b)
Fomento
Economico
Mexicano
S.A.
de
C.V.
18,355
1,566,570
Fomento
Economico
Mexicano
SAB
de
C.V.
(ADR)
170,991
231,161
Foshan
Haitian
Flavouring
&
Food
Co
Ltd
1,211
96,600
Fraser
&
Neave
Holdings
Bhd
520
119,195
Fresh
Del
Monte
Produce,
Inc
3,080
35,018
(a)
Freshpet,
Inc
2,307
13,345
Fu
Jian
Anjoy
Foods
Co
Ltd
228
34,727
Fuji
Oil
Co
Ltd
527
69,816
Fujian
Sunner
Development
Co
Ltd
184
67
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
36,532
Fujicco
Co
Ltd
$
471
8,882
Fujiya
Co
Ltd
151
115,418
Futuris
Corp
Ltd
427
168,891
General
Mills,
Inc
10,807
517,600
GFPT
PCL
(Foreign)
148
167,446
Glanbia
plc
2,763
10,475
Godfrey
Phillips
India
Ltd
274
21,200,325
Golden
Agri-Resources
Ltd
4,107
522,500
Great
Wall
Enterprise
Co
Ltd
871
400,724
(a)
Greencore
Group
plc
371
41,836
Grieg
Seafood
ASA
306
155,566
(b)
Gruma
SAB
de
C.V.
2,664
1,133,041
(b)
Grupo
Bimbo
S.A.
de
C.V.
(Series
A)
5,463
311,100
(a)
Guan
Chong
Bhd
144
67,845
Guangdong
Haid
Group
Co
Ltd
421
56,232
Gujarat
Ambuja
Exports
Ltd
235
7,885
(a)
Halwani
Brothers
Co
111
42,064
Harim
Holdings
Co
Ltd
219
172,314
Health
&
Happiness
H&H
International
Holdings
Ltd
213
63,000
Hebei
Hengshui
Laobaigan
Liquor
Co
Ltd
201
115,700
Hebei
Yangyuan
Zhihui
Beverage
Co
Ltd
388
123,832
Heilongjiang
Agriculture
Co
Ltd
223
116,509
Heineken
Holding
NV
8,780
332,700
Heineken
Malaysia
Bhd
1,723
2,302,032
Heineken
NV
202,951
206,723
Henan
Shuanghui
Investment
&
Development
Co
Ltd
748
15,704
Hershey
Co
3,142
58,007
(a)
Hilton
Food
Group
plc
506
33,088
(a)
Hindustan
Foods
Ltd
213
22,675
Hite
Jinro
Co
Ltd
317
14,500
(b)
Hokuto
Corp
177
30,573
Hormel
Foods
Corp
1,163
117,347
(a)
Hostess
Brands,
Inc
3,909
49,962
(b)
House
Foods
Corp
1,042
530,600
Ichitan
Group
PCL
244
42,854
Imperial
Tobacco
Group
plc
869
1,904,709
Indofood
CBP
Sukses
Makmur
Tbk
PT
1,365
291,423
Inghams
Group
Ltd
619
7,122
Ingredion,
Inc
701
354,353
Inner
Mongolia
Yili
Industrial
Group
Co
Ltd
1,293
9,135,000
(a),(d)
Inti
Agri
Resources
Tbk
PT
0^
1,927,106
IOI
Corp
BHD
1,631
424,500
I-TAIL
Corp
PCL
237
2,603,331
ITC
Ltd
13,910
38,300
Ito
En
Ltd
1,230
22,340
Itoham
Yonekyu
Holdings,
Inc
605
5,060
J&J
Snack
Foods
Corp
828
10,482
J.M.
Smucker
Co
1,288
564,100
Jalles
Machado
S.A.
961
516,200
Japan
Tobacco,
Inc
11,877
4,685,000
Japfa
Comfeed
Indonesia
Tbk
PT
389
649,182
JBS
S.A.
2,331
6,238
JDE
Peet's
NV
174
65,626
Jiangsu
King's
Luck
Brewery
JSC
Ltd
529
78,681
Jiangsu
Yanghe
Brewery
Joint-Stock
Co
Ltd
1,402
8,862
JiuGui
Liquor
Co
Ltd
108
13,046
J-Oil
Mills,
Inc
156
47,964
Jonjee
Hi-Tech
Industrial
And
Commercial
Holding
Co
Ltd
227
23,701
Juewei
Food
Co
Ltd
122
65,746
Kagome
Co
Ltd
1,427
10,900
(b)
Kameda
Seika
Co
Ltd
299
23,394
(a)
Kaveri
Seed
Co
Ltd
169
CREF
Stock
Account
September
30,
2023
68
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
27,692
Kellogg
Co
$
1,648
12,649
Kerry
Group
plc
(Class
A)
1,057
1,607,547
Keurig
Dr
Pepper,
Inc
50,750
84,797
Kewpie
Corp
1,363
1,984,200
Khon
Kaen
Sugar
Industry
PCL
153
117,400
Kikkoman
Corp
6,153
518,079
Kirin
Brewery
Co
Ltd
7,253
78,900
Kotobuki
Spirits
Co
Ltd
1,275
3,200,854
Kraft
Heinz
Co
107,677
42,521
KRBL
Ltd
207
89,591
KT&G
Corp
5,721
403,135
Kuala
Lumpur
Kepong
BHD
1,835
64,885
Kweichow
Moutai
Co
Ltd
16,092
180,403
Lamb
Weston
Holdings,
Inc
16,680
17,850
Lancaster
Colony
Corp
2,946
3,482
Lassonde
Industries,
Inc
323
225,195
Leroy
Seafood
Group
ASA
940
96,211
Lian
HWA
Food
Corp
263
718,398
Lien
Hwa
Industrial
Corp
1,390
48
Lindt
&
Spruengli
AG.
533
3,020
Lotte
Chilsung
Beverage
Co
Ltd
280
1,838
Lotte
Wellfood
Co
Ltd
149
904
(b)
Lotus
Bakeries
NV
7,350
113,162
LT
Foods
Ltd
226
77,723
Luzhou
Laojiao
Co
Ltd
2,325
57,700
M
Dias
Branco
S.A.
419
67,148
(b)
Maple
Leaf
Foods,
Inc
1,290
118,278
(a)
Marfrig
Global
Foods
S.A.
165
342,900
Marfrig
Global
Foods
S.A.
486
451,438
Marico
Ltd
3,048
33,900
Maruha
Nichiro
Corp
582
26,638
McCormick
&
Co,
Inc
2,015
36,387
Megmilk
Snow
Brand
Co
Ltd
558
0
(a)
Mehadrin
Ltd
0^
173,000
Meihua
Holdings
Group
Co
Ltd
229
188,798
MEIJI
Holdings
Co
Ltd
4,692
58,371
Mezzan
Holding
Co
KSCC
96
165,130
(b)
MGP
Ingredients,
Inc
17,418
255,300
Minerva
S.A.
411
45,200
Mitsui
Sugar
Co
Ltd
910
18,614
Molson
Coors
Brewing
Co
(Class
B)
1,184
4,903,041
Mondelez
International,
Inc
340,271
4,738,962
(a)
Monster
Beverage
Corp
250,928
28,779
Morinaga
&
Co
Ltd
1,040
310,413
Morinaga
Milk
Industry
Co
Ltd
11,680
24,366
Mowi
ASA
431
19,551
Mrs
Bectors
Food
Specialities
Ltd
245
269,438
Muyuan
Foods
Co
Ltd
1,401
108,000
Namchow
Holdings
Co
Ltd
166
39,157
(a)
National
Agriculture
Development
Co
496
29,199
Nestle
India
Ltd
7,903
51,414
Nestle
Malaysia
Bhd
1,385
3,359,052
Nestle
S.A.
380,231
12,488
(a)
Neto
Malinda
Trading
Ltd
147
219,305
(a)
New
Hope
Liuhe
Co
Ltd
331
403,992
Nichirei
Corp
8,872
43,797
Nippon
Flour
Mills
Co
Ltd
637
67,500
Nippon
Meat
Packers,
Inc
2,019
233,759
Nippon
Suisan
Kaisha
Ltd
1,144
19,122
Nisshin
Oillio
Group
Ltd
535
284,700
Nisshin
Seifun
Group,
Inc
3,628
52,000
Nissin
Food
Products
Co
Ltd
4,321
69
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
361,568
(b)
Nissin
Foods
Co
Ltd
$
277
1,576,600
(c)
Nongfu
Spring
Co
Ltd
9,042
9,386
NongShim
Co
Ltd
3,284
63,745
Oceana
Group
Ltd
254
249,829
Origin
Enterprises
plc
861
20,409
Orion
Corp/Republic
of
Korea
1,945
69,664
Orion
Holdings
Corp
788
4,959
Orior
AG.
395
45,418
Orkla
ASA
339
1,097,917
Osotspa
PCL
752
1,568
Ottogi
Corp
424
1,916,864
PepsiCo,
Inc
324,793
495,852
Pernod-Ricard
S.A.
82,554
12,535,800
Perusahaan
Perkebunan
London
Sumatra
Indonesia
Tbk
PT
823
600
Philip
Morris
CR
AS.
446
4,579,572
Philip
Morris
International,
Inc
423,977
105,349
(a)
Pilgrim's
Pride
Corp
2,405
5,610
(a)
Post
Holdings,
Inc
481
473,541
PPB
Group
BHD
1,561
536,787
Premier
Foods
plc
786
37,224
(b)
Premium
Brands
Holdings
Corp
2,606
18,138
Prima
Meat
Packers
Ltd
298
2,231,312
(b)
Primo
Water
Corp
30,792
133,158
Primo
Water
Corp
(Toronto)
1,839
409,800
PT
Astra
Agro
Lestari
Tbk
199
3,732,709
PT
Indofood
Sukses
Makmur
Tbk
1,598
690,800
QL
Resources
Bhd
803
463,300
R&B
Food
Supply
PCL
135
60,269
Radico
Khaitan
Ltd
872
46,672
(b)
Remy
Cointreau
S.A.
5,690
12,500
Riken
Vitamin
Co
Ltd
185
472,400
(a),(b)
RLX
Technology,
Inc
(ADR)
713
60,708
(b)
Rogers
Sugar,
Inc
241
42,052
Royal
Unibrew
A.S.
3,248
14,294
S
Foods,
Inc
320
23,555
Sakata
Seed
Corp
684
78,610
Salmar
ASA
3,981
3,626
Samyang
Foods
Co
Ltd
542
2,268
Samyang
Holdings
Corp
117
136,600
Sao
Martinho
S.A.
1,067
89,100
Sappe
PCL
199
53,186
Sapporo
Holdings
Ltd
1,691
230,105
(b)
Saputo,
Inc
4,811
26,655
(a)
Saudi
Fisheries
Co
184
13,263
Saudia
Dairy
&
Foodstuff
Co
1,139
234,326
Savola
Group
2,254
17,448,500
Sawit
Sumbermas
Sarana
Tbk
PT
1,338
63,727
(c)
Scandinavian
Tobacco
Group
A.S.
971
10,671
Schouw
&
Co
711
196
Seaboard
Corp
736
94,666
(b)
Select
Harvests
Ltd
244
56,039
Shanghai
Bairun
Investment
Holding
Group
Co
Ltd
222
63,342
Shanxi
Xinghuacun
Fen
Wine
Factory
Co
Ltd
2,091
16,700
Shede
Spirits
Co
Ltd
289
14,987
(b)
Showa
Sangyo
Co
Ltd
306
529,285
(a)
Shree
Renuka
Sugars
Ltd
347
22,301
Sichuan
Swellfun
Co
Ltd
185
1,718,378
Sime
Darby
Plantation
Bhd
1,565
56,597
(a)
Sinad
Holding
Co
177
86,377
SLC
Agricola
S.A.
677
1,565,171
(b),(c)
Smoore
International
Holdings
Ltd
1,413
1,791
SPC
Samlip
Co
Ltd
88
CREF
Stock
Account
September
30,
2023
70
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
329,700
Srinanaporn
Marketing
PCL
$
188
340,000
Standard
Foods
Corp
397
49,597
(a)
Strauss
Group
Ltd
1,042
51,361
Suedzucker
AG.
764
17,446
Sula
Vineyards
Ltd
98
60,641
(a),(b)
SunOpta,
Inc
204
30,600
Suntory
Beverage
&
Food
Ltd
931
380,500
Ta
Ann
Holdings
Bhd
273
467,000
(a)
Taiwan
TEA
Corp
307
112,003
Takara
Holdings,
Inc
899
7,519
Tanmiah
Food
Co
188
67,645
Tata
Coffee
Ltd
209
467,188
Tata
Consumer
Products
Ltd
4,924
334,297
Tate
&
Lyle
plc
2,796
2,271,800
Thai
Union
Group
PCL
903
399,230
Thai
Vegetable
Oil
PCL
(Foreign)
239
770,800
Thaifoods
Group
PCL
79
140,332
Tiger
Brands
Ltd
1,139
1,821,301
Tingyi
Cayman
Islands
Holding
Corp
2,544
329,900
Toyo
Suisan
Kaisha
Ltd
12,938
587,196
Treasury
Wine
Estates
Ltd
4,637
118,700
Tres
Tentos
Agroindustrial
S.A.
302
52,366
Triveni
Engineering
&
Industries
Ltd
239
639,100
TSH
Resources
Bhd
135
549,471
Tsingtao
Brewery
Co
Ltd
4,474
40,993
Tsingtao
Brewery
Co
Ltd
(Class
A)
492
39,000
Ttet
Union
Corp
171
141,290
Turning
Point
Brands,
Inc
3,262
29,726
Tyson
Foods,
Inc
(Class
A)
1,501
137,078
Ulker
Biskuvi
Sanayi
AS
469
1,279,616
Uni-President
China
Holdings
Ltd
899
4,292,934
Uni-President
Enterprises
Corp
9,331
204,038
United
Malt
Grp
Ltd
647
401,000
United
Plantations
BHD
1,421
252,509
(a)
United
Spirits
Ltd
3,056
735,260
Universal
Robina
Corp
1,545
393,606
Varun
Beverages
Ltd
4,469
411,847
Vina
Concha
y
Toro
S.A.
458
32,627
Viscofan
S.A.
1,992
54,570
(a)
Vita
Coco
Co,
Inc
1,421
712,000
Vitasoy
International
Holdings
Ltd
861
4,281
VST
Industries
Ltd
178
4,401,694
Want
Want
China
Holdings
Ltd
2,869
297,000
Wei
Chuan
Foods
Corp
170
366,070
Wens
Foodstuffs
Group
Co
Ltd
873
7,099,696
(c)
WH
Group
Ltd
3,716
1,635,419
Wilmar
International
Ltd
4,450
203,142
Wuliangye
Yibin
Co
Ltd
4,377
200,200
Yakult
Honsha
Co
Ltd
4,862
94,800
Yamazaki
Baking
Co
Ltd
1,743
496,407
Yihai
International
Holding
Ltd
852
67,700
Yihai
Kerry
Arawana
Holdings
Co
Ltd
320
115,917
(a)
Yuan
Longping
High-tech
Agriculture
Co
Ltd
238
903,000
(b),(c)
Zhou
Hei
Ya
International
Holdings
Co
Ltd
312
49,932
Zydus
Wellnes
Ltd
942
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
3,731,590
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
4.8%
4,304,722
Abbott
Laboratories
416,912
103,980
(a)
Acadia
Healthcare
Co,
Inc
7,311
186,400
(a)
Accolade,
Inc
1,972
168,987
Advanced
Medical
Solutions
Group
plc
414
71
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
123,734
(a),(b)
AGFA-Gevaert
NV
$
239
223,107
(a),(b)
agilon
health,
Inc
3,962
232,449
Aier
Eye
Hospital
Group
Co
Ltd
575
444,000
(b),(c)
AK
Medical
Holdings
Ltd
373
65,666
Al
Hammadi
Holding
912
546,567
Alcon,
Inc
42,177
544,500
Alfresa
Holdings
Corp
8,927
247,697
(a)
Align
Technology,
Inc
75,627
227,530
(a)
Allscripts
Healthcare
Solutions,
Inc
2,990
608,693
(a)
Alphatec
Holdings,
Inc
7,895
156,089
Ambu
A.S.
1,627
15,540
(a)
Amedisys,
Inc
1,451
132,561
AmerisourceBergen
Corp
23,857
735,520
(b)
Amplifon
S.p.A.
21,772
349,700
Amvis
Holdings,
Inc
6,081
16,293
(b)
Andlauer
Healthcare
Group,
Inc
496
58,000
(b),(c)
Angelalign
Technology,
Inc
359
106,017
Ansell
Ltd
1,503
90,723
Apollo
Hospitals
Enterprise
Ltd
5,602
768,505
Arjo
AB
2,970
109,500
(a),(b),(c)
Arrail
Group
Ltd
108
24,244
As
One
Corp
884
475,200
Asahi
Intecc
Co
Ltd
8,520
119,031
(a),(c)
Aster
DM
Healthcare
Ltd
469
510,724
(a)
AtriCure,
Inc
22,370
82,871
(a),(c)
Attendo
AB
215
77,866
(b)
Australian
Clinical
Labs
Ltd
142
16,100
Autobio
Diagnostics
Co
Ltd
101
305,087
(a)
Axonics,
Inc
17,122
1,076,200
Bangkok
Chain
Hospital
PCL
581
4,419,500
Bangkok
Dusit
Medical
Services
PCL
3,237
4,634,471
Bangkok
Dusit
Medical
Services
PCL
3,394
295,849
Baxter
International,
Inc
11,165
593,927
Becton
Dickinson
&
Co
153,548
57,250
Beijing
Chunlizhengda
Medical
Instruments
Co
Ltd
89
44,916
BioMerieux
4,345
19,845
BML,
Inc
371
3,385,910
(a)
Boston
Scientific
Corp
178,776
248,938
Bumrungrad
Hospital
PCL
1,828
374,474
Cardinal
Health,
Inc
32,512
1,170,400
(b)
Carenet,
Inc
7,022
1,998
Carl
Zeiss
Meditec
AG.
174
11,828
Cellavision
AB
166
43,718
Celltrion
Healthcare
Co
Ltd
2,041
882,795
(a)
Centene
Corp
60,807
91,680
(a)
Certara,
Inc
1,333
139,690
(a)
Cerus
Corp
226
37,366
(a)
Chabiotech
Co
Ltd
507
234,500
Chaoju
Eye
Care
Holdings
Ltd
123
7,194
Chemed
Corp
3,739
92,100
China
Meheco
Co
Ltd
156
30,700
China
National
Medicines
Corp
Ltd
140
723,500
China
Resources
Medical
Holdings
Co
Ltd
474
4,203,000
Chularat
Hospital
PCL
376
983,989
Cigna
Group
281,490
14,752
Classys,
Inc
412
814,984
(a)
Cleopatra
Hospital
102
133,878
CM
Hospitalar
S.A.
446
500,000
C-Mer
Eye
Care
Holdings
Ltd
243
34,688
Cochlear
Ltd
5,681
148,405
Coloplast
A.S.
15,704
2,230
Coltene
Holding
AG.
162
CREF
Stock
Account
September
30,
2023
72
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
201,140
CompuGroup
Medical
SE
&
Co
KgaA
$
7,854
1,353,310
(c)
ConvaTec
Group
plc
3,586
25,537
Cooper
Cos,
Inc
8,121
25,050
Craneware
plc
458
130,830
(a)
Cross
Country
Healthcare,
Inc
3,243
423,286
CVS
Group
plc
8,403
854,573
CVS
Health
Corp
59,666
75,531
(a)
CYBERDYNE,
Inc
136
14,370
Dallah
Healthcare
Co
546
26,198
(a)
DaVita,
Inc
2,477
110,208
(a)
Demant
A.S.
4,551
435,298
(a),(b)
dentalcorp
Holdings
Ltd
1,891
5,873
Dentium
Co
Ltd
464
123,702
Dentsply
Sirona,
Inc
4,226
1,699,042
(a)
DexCom,
Inc
158,521
118,300
Diagnosticos
da
America
S.A.
291
24,481
DiaSorin
S.p.A.
2,229
91,063
(a)
Doximity,
Inc
1,932
30,870
(c)
Dr
Lal
PathLabs
Ltd
937
95,359
Dr
Sulaiman
Al
Habib
Medical
Services
Group
Co
5,993
7,885
Draegerwerk
AG.
353
129,785
EBOS
Group
Ltd
2,659
13,364
Eckert
&
Ziegler
Strahlen-
und
Medizintechnik
AG.
454
708,981
(a)
Edwards
Lifesciences
Corp
49,118
44,600
Eiken
Chemical
Co
Ltd
407
40,017
(b)
El.En.
S.p.A
368
34,138
(b)
Elan
Corp
187
290,976
Elekta
AB
(B
Shares)
1,976
1,064,520
Elevance
Health,
Inc
463,513
37,900
EM
Systems
Co
Ltd
186
50,744
EMIS
Group
plc
1,196
221,109
Encompass
Health
Corp
14,850
39,764
(a)
Enovis
Corp
2,097
74,933
(a)
Envista
Holdings
Corp
2,089
20,767
(a)
Eoflow
Co
Ltd
377
5,186
Equasens
399
1,299,691
Essilor
International
S.A.
226,076
147,780
(a),(b)
Establishment
Labs
Holdings,
Inc
7,252
65,100
(b)
Extendicare,
Inc
291
104,887
Fagron
NV
1,784
436,111
Fisher
&
Paykel
Healthcare
Corp
5,623
200,982
Fleury
S.A.
606
371,872
Fortis
Healthcare
Ltd
1,520
285,789
Fresenius
Medical
Care
AG.
12,287
20,967
Fresenius
SE
651
41,357
(c)
Galenica
AG.
3,055
253,908
GE
HealthCare
Technologies,
Inc
17,276
11,353
Getinge
AB
(B
Shares)
200
169,647
(a)
Glaukos
Corp
12,766
66,947
(a)
Global
Health
Ltd
577
12,395
(a)
Globus
Medical,
Inc
615
113,277
GN
Store
Nord
2,037
39,412
Guangzhou
Baiyunshan
Pharmaceutical
Holdings
Co
Ltd
170
6,938
Guangzhou
Kingmed
Diagnostics
Group
Co
Ltd
59
161,263
(a)
Guardant
Health,
Inc
4,780
119,400
(a)
Gushengtang
Holdings
Ltd
673
2,199,138
(a),(c)
Hapvida
Participacoes
e
Investimentos
S.A.
2,056
1,558,900
Hartalega
Holdings
Bhd
660
461,065
HCA,
Inc
113,413
477,844
Healius
Ltd
704
257,462
(a)
HealthEquity,
Inc
18,808
63,263
(a)
Henry
Schein,
Inc
4,697
73
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,661,830
(a)
Hims
&
Hers
Health,
Inc
$
10,453
66,081
(a)
HLB
Life
Science
CO
Ltd
448
99,651
(a)
HLB,
Inc
2,209
20,200
Hogy
Medical
Co
Ltd
432
183,221
(a)
Hologic,
Inc
12,716
94,000
Hospital
Mater
Dei
S.A.
163
206,169
(a)
Hoya
Corp
21,115
42,278
Huadong
Medicine
Co
Ltd
245
276,960
Humana,
Inc
134,747
103,924
(a)
Humasis
Co
Ltd
188
145,200
(b),(c)
Hygeia
Healthcare
Holdings
Co
Ltd
812
2,317
(a)
ICU
Medical,
Inc
276
63,024
(a)
IDEXX
Laboratories,
Inc
27,559
837,989
IHH
Healthcare
Bhd
1,041
231,710
(a)
Inari
Medical,
Inc
15,154
330,020
(a)
Inmode
Ltd
10,052
36,066
(a)
Inspire
Medical
Systems,
Inc
7,157
7,470
(a)
Insulet
Corp
1,191
7,608
(a)
Integra
LifeSciences
Holdings
Corp
291
159,013
Integral
Diagnostics
Ltd
293
792,008
(a)
Intuitive
Surgical,
Inc
231,496
2,615
iRay
Technology
Co
Ltd
88
14,469
i-SENS
Inc
288
46,600
Japan
Lifeline
Co
Ltd
362
44,436
(a)
Jeisys
Medical,
Inc
396
39,788
Jeol
Ltd
1,184
29,450
Jiangsu
Yuyue
Medical
Equipment
&
Supply
Co
Ltd
139
1,497,500
(a),(b),(c)
Jinxin
Fertility
Group
Ltd
713
106,000
(b)
JMDC,
Inc
3,845
71,040
(a)
Joint
Corp
639
66,704
Jointown
Pharmaceutical
Group
Co
Ltd
99
244,000
(b)
Kangji
Medical
Holdings
Ltd
209
1,014,359
Koninklijke
Philips
Electronics
NV
20,239
58,793
(b)
Korian-Medica
353
1,189,600
Kossan
Rubber
Industries
Bhd
334
902,400
KPJ
Healthcare
Bhd
219
35,786
(a),(c)
Krishna
Institute
of
Medical
Sciences
Ltd
852
178,229
Laboratory
Corp
of
America
Holdings
35,833
237,912
(a)
Lantheus
Holdings,
Inc
16,530
16,113
Lepu
Medical
Technology
Beijing
Co
Ltd
36
1,231,259
Life
Healthcare
Group
Holdings
Ltd
1,318
3,064,000
(a)
Lifetech
Scientific
Corp
936
94,820
(a)
LivaNova
plc
5,014
5,200
(a)
Lunit,
Inc
692
97,100
M3,
Inc
1,761
67,563
Mani,
Inc
819
5,019
(a)
Masimo
Corp
440
668,141
Max
Healthcare
Institute
Ltd
4,564
125,828
McKesson
Corp
54,716
5,388
(b),(c)
Medacta
Group
S.A.
680
4,379
(a),(c)
Medartis
Holding
AG.
402
223,567
Medicare
Group
356
490,300
Mediceo
Paltac
Holdings
Co
Ltd
8,288
53,493
Medicover
AB
702
5,694,200
Medikaloka
Hermina
Tbk
PT
483
31,878
(a)
Medios
AG.
507
20,100
(a)
Medley,
Inc
644
120,500
(b),(c)
Medlive
Technology
Co
Ltd
121
34,483
(c)
Medmix
AG.
876
340,200
(b)
MedPeer,
Inc
2,317
1,839,786
Medtronic
plc
144,166
1,174,993
(a)
Meinian
Onehealth
Healthcare
Holdings
Co
Ltd
1,097
CREF
Stock
Account
September
30,
2023
74
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
51,684
Menicon
Co
Ltd
$
664
66,570
(a)
Merit
Medical
Systems,
Inc
4,595
156
Metall
Zug
AG.(B
Shares)
244
13,123,400
(a)
Metro
Healthcare
Indonesia
TBK
PT
408
24,367
(c)
Metropolis
Healthcare
Ltd
428
897,000
(a),(b),(c)
Microport
Cardioflow
Medtech
Corp
190
1,584,195
Microport
Scientific
Corp
2,382
39,971
(a)
Middle
East
Healthcare
Co
587
47,300
(b)
Miraca
Holdings,
Inc
803
57,072
(a),(c)
MLP
Saglik
Hizmetleri
AS.
298
28,035
(a)
Molina
Healthcare,
Inc
9,192
286,124
Mouwasat
Medical
Services
Co
7,844
16,936
Nagaileben
Co
Ltd
241
59,022
Nakanishi,
Inc
1,380
216,889
(a)
Nanosonics
Ltd
584
41,159
(a),(b)
Nano-X
Imaging
Ltd
270
57,118
Narayana
Hrudayalaya
Ltd
746
38,620
(b)
National
Healthcare
Corp
2,471
18,636
National
Medical
Care
Co
609
1,120,328
Network
Healthcare
Holdings
Ltd
799
190,500
(a),(b),(c)
New
Horizon
Health
Ltd
455
65,577
Nihon
Kohden
Corp
1,619
566,552
(b)
Nipro
Corp
4,576
159,379
(a),(d)
NMC
Health
plc
0^
80,148
(a),(b)
Novocure
Ltd
1,294
813,825
Oceania
Healthcare
Ltd
346
211,350
Odontoprev
S.A.
458
1,978,600
Olympus
Corp
25,689
192,800
(a)
Oncoclinicas
do
Brasil
Servicos
Medicos
S.A.
440
1,094,850
(a)
Option
Care
Health,
Inc
35,418
16,966
Ovctek
China,
Inc
60
506,835
(a)
Owens
&
Minor,
Inc
8,190
30,644
Paramount
Bed
Holdings
Co
Ltd
482
531,614
Patterson
Cos,
Inc
15,757
33,885
Pegavision
Corp
409
313,000
(a),(c)
Peijia
Medical
Ltd
278
142,960
(a)
Pennant
Group,
Inc
1,591
42,826
(a)
Penumbra,
Inc
10,360
379,950
(a)
PetIQ,
Inc
7,485
27,400
PHC
Holdings
Corp
279
51,300
(a)
Phreesia,
Inc
958
79,000
(a),(d)
Pihsiang
Machinery
Manufacturing
Co
Ltd
0^
23,620
Poly
Medicure
Ltd
390
462,181
(a)
PolyNovo
Ltd
385
59,817
Premier,
Inc
1,286
85,300
(a),(b)
Privia
Health
Group,
Inc
1,962
43,781
(b)
Pro
Medicus
Ltd
2,336
713,045
(a)
Progyny,
Inc
24,258
117,438
(a)
Project
Roadrunner
Parent,
Inc
1,770
54,499
Quest
Diagnostics,
Inc
6,641
5,892
(a)
QuidelOrtho
Corp
430
688,099
Raffles
Medical
Group
Ltd
628
41,762
Rainbow
Children's
Medicare
Ltd
516
340,100
Ramkhamhaeng
Hospital
PCL
385
140,543
Ramsay
Health
Care
Ltd
4,665
8,121
(a)
Ray
Co
Ltd
131
240,976
(c)
Rede
D'Or
Sao
Luiz
S.A.
1,218
15,851
Resmed,
Inc
2,344
20,069
(b)
Revenio
Group
Oyj
434
491,300
Riverstone
Holdings
Ltd
215
107,660
(a)
RxSight,
Inc
3,003
485,634
Ryman
Healthcare
Ltd
1,834
75
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
309,190
Saudi
Chemical
Co
Holding
$
378
30,741
SD
Biosensor,
Inc
259
112,343
Sectra
AB
1,327
97,672
Selcuk
Ecza
Deposu
Ticaret
ve
Sanayi
A.S.
236
400,624
Select
Medical
Holdings
Corp
10,124
1,071,882
Shandong
Weigao
Group
Medical
Polymer
Co
Ltd
939
68,232
Shanghai
Pharmaceuticals
Holding
Co
Ltd
-
A
169
362,427
Shanghai
Pharmaceuticals
Holding
Co
Ltd
-
H
564
30,922
Shenzhen
Mindray
Bio-Medical
Electronics
Co
Ltd
1,149
17,600
Shenzhen
New
Industries
Biomedical
Engineering
Co
Ltd
153
562,103
Ship
Healthcare
Holdings,
Inc
8,519
49,028
(a)
Shockwave
Medical,
Inc
9,762
538,752
(a)
SI-BONE,
Inc
11,443
338,688
(c)
Siemens
Healthineers
AG.
17,132
67,253
(b)
Sienna
Senior
Living,
Inc
529
680,985
Sigma
Healthcare
Ltd
302
1,804,187
Sinopharm
Group
Co
Ltd
5,231
94,000
(c)
Sisram
Medical
Ltd
75
995,890
Smith
&
Nephew
plc
12,360
35,500
Solasto
Corp
147
345,451
Sonic
Healthcare
Ltd
6,596
56,780
Sonova
Holdings
AG
13,439
232,105
(c)
Spire
Healthcare
Group
plc
661
1,145,900
Sri
Trang
Gloves
Thailand
PCL
209
40,000
St.
Shine
Optical
Co
Ltd
239
53,661
STERIS
plc
11,774
6,821
STRATEC
SE
318
140,375
Straumann
Holding
AG.
17,867
441,426
Stryker
Corp
120,629
193,327
Summerset
Group
Holdings
Ltd
1,181
9,200
SUNWELS
Co
Ltd
181
1,524,701
Supermax
Corp
Bhd
269
29,166
(a)
Surgical
Science
Sweden
AB
400
59,340
(a),(b)
SurModics,
Inc
1,904
268,300
Suzuken
Co
Ltd
8,298
48,338
Synlab
AG.
516
50,244
Sysmex
Corp
2,387
44,000
TaiDoc
Technology
Corp
203
7,209
(a)
Tandem
Diabetes
Care,
Inc
150
236,444
(a),(b)
Teladoc
Health,
Inc
4,396
4,930
Teleflex,
Inc
968
321,965
(a)
Tenet
Healthcare
Corp
21,214
440,500
Terumo
Corp
11,660
277,500
Thonburi
Healthcare
Group
PCL
497
42,330
Toho
Pharmaceutical
Co
Ltd
907
35,809
Tokai
Corp
(GIFU)
455
3,064,200
Top
Glove
Corp
Bhd
505
8,580
(a)
Topchoice
Medical
Corp
104
262,665
(a)
Treace
Medical
Concepts,
Inc
3,444
212,083
Uniphar
plc
505
1,960,584
UnitedHealth
Group,
Inc
988,507
34,479
Universal
Health
Services,
Inc
(Class
B)
4,335
38,425
Universal
Vision
Biotechnology
Co
Ltd
400
7,813
Value
Added
Technology
Co
Ltd
185
634,990
(a)
Veeva
Systems,
Inc
129,189
156,500
(a),(b),(c)
Venus
MedTech
Hangzhou,
Inc
93
4,499,700
Vibhavadi
Medical
Center
PCL
277
46,530
Vijaya
Diagnostic
Centre
Pvt
Ltd
280
139,488
(a),(b)
Vimian
Group
AB
304
27,000
Visco
Vision,
Inc
165
174,279
(a)
Well
Health
Technologies
Corp
533
36,844
(a)
Won
Tech
Co
Ltd
314
CREF
Stock
Account
September
30,
2023
76
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
134,211
(a)
Xvivo
Perfusion
AB
$
3,364
429,900
(a),(c)
Yidu
Tech,
Inc
218
4,087
Ypsomed
Holding
AG.
1,200
230,248
Zimmer
Biomet
Holdings,
Inc
25,838
108,400
(a)
Zimvie,
Inc
1,020
162,500
(a),(c)
Zylox-Tonbridge
Medical
Technology
Co
Ltd
162
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
5,177,758
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
1.6%
7,340
Aekyung
Industrial
Co
Ltd
115
24,480
Amorepacific
Corp
2,212
23,585
AMOREPACIFIC
Group
532
735,260
Beiersdorf
AG.
94,840
973,481
(a)
BellRing
Brands,
Inc
40,137
68,200
(a),(b)
Best
World
International
Ltd
84
97,383
By-health
Co
Ltd
254
29,000
Chlitina
Holding
Ltd
169
343,118
Church
&
Dwight
Co,
Inc
31,440
13,189
Clorox
Co
1,729
730,913
Colgate-Palmolive
Co
51,975
111,261
Colgate-Palmolive
India
Ltd
2,683
6,686
Cosmax,
Inc
638
322,922
(a)
Coty,
Inc
3,542
530,255
Dabur
India
Ltd
3,513
10,730
Earth
Chemical
Co
Ltd
353
113,717
EIS
Eczacibasi
Ilac
ve
Sinai
ve
Finansal
Yatirimlar
Sanayi
ve
Ticaret
AS
230
256,876
(a)
elf
Beauty,
Inc
28,213
164,635
Emami
Ltd
1,066
30,234
Essity
AB
652
609,592
Estee
Lauder
Cos
(Class
A)
88,117
77,300
(a),(b)
euglena
Co
Ltd
412
67,384
Fancl
Corp
1,028
355,102
(a)
Godrej
Consumer
Products
Ltd
4,236
210,000
Grape
King
Bio
Ltd
1,015
22,343,534
Haleon
plc
92,616
630,636
Hengan
International
Group
Co
Ltd
2,006
34,964
Henkel
KGaA
2,205
9,039
Henkel
KGaA
(Preference)
644
706,606
Hindustan
Lever
Ltd
20,956
30,755
(a)
Hyundai
Bioscience
Co
Ltd
671
32,620,200
Industri
Jamu
Dan
Farmasi
Sido
Muncul
Tbk
PT
1,245
23,676
Inter
Parfums
S.A.
1,314
83,684
(c)
Jamieson
Wellness,
Inc
1,501
143,997
Jyothy
Labs
Ltd
624
426,988
Kao
Corp
15,826
12,577,486
Kenvue,
Inc
252,556
76,539
Kimberly-Clark
Corp
9,250
1,283,618
(b)
Kimberly-Clark
de
Mexico
S.A.
de
C.V.
(Class
A)
2,556
11,000
Kobayashi
Pharmaceutical
Co
Ltd
491
8,859
Kolmar
BNH
Co
Ltd
109
12,171
Kolmar
Korea
Co
Ltd
461
28,400
Kose
Corp
2,059
7,675
LG
Household
&
Health
Care
Ltd
2,532
195,100
Lion
Corp
1,924
328,853
L'Oreal
S.A.
136,281
129,872
Mandom
Corp
1,197
28,176
Medifast,
Inc
2,109
318,934
Microbio
Co
Ltd
478
21,298
Milbon
Co
Ltd
592
773,064
(a)
Natura
&
Co
Holding
S.A.
2,239
34,600
Noevir
Holdings
Co
Ltd
1,223
15,140
Oil-Dri
Corp
of
America
935
77
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
95,897
(a)
Olaplex
Holdings,
Inc
$
187
54,477
(a),(b)
Ontex
Group
NV
400
3,381
Pharmanutra
S.p.A
175
101,100
Pigeon
Corp
1,141
1,009,500
Pola
Orbis
Holdings,
Inc
12,115
3,349,987
Procter
&
Gamble
Co
488,629
6,744,610
PT
Unilever
Indonesia
Tbk
1,632
181,745
PZ
Cussons
plc
313
623,859
Reckitt
Benckiser
Group
plc
43,995
5,772
Reynolds
Consumer
Products,
Inc
148
157,290
Rohto
Pharmaceutical
Co
Ltd
4,265
36,854
Sarantis
S.A.
286
924,890
Shiseido
Co
Ltd
32,412
414,915
Spectrum
Brands
Holdings,
Inc
32,509
84,000
TCI
Co
Ltd
470
343,441
Uni-Charm
Corp
12,143
4,510,110
Unilever
plc
223,101
8,185
Unilever
plc
405
333,536
Vinda
International
Holdings
Ltd
799
29,000
(b)
YA-MAN
Ltd
196
15,300
Yunnan
Botanee
Bio-Technology
Group
Co
Ltd
196
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
1,771,302
INSURANCE
-
3.0%
231,567
Admiral
Group
plc
6,692
1,840,997
Aegon
NV
8,873
222,120
Aflac,
Inc
17,048
7,931
Ageas
S.A.
327
10,619,559
AIA
Group
Ltd
85,882
13,477
(a)
Al
Rajhi
Co
for
Co-operative
Insurance
546
316,681
Allianz
AG.
75,362
64,766
Allstate
Corp
7,216
1,675,584
Alm
Brand
AS
2,509
419,676
(a)
AMBAC
Financial
Group,
Inc
5,061
30,344
American
Financial
Group,
Inc
3,388
4,944,148
American
International
Group,
Inc
299,615
26,258
Amerisafe,
Inc
1,315
56,100
Anicom
Holdings,
Inc
230
195,514
Aon
plc
63,390
1,288,087
(a)
Arch
Capital
Group
Ltd
102,673
405,913
ASR
Nederland
NV
15,188
50,307
Assicurazioni
Generali
S.p.A.
1,027
40,632
(b)
Assurant,
Inc
5,834
63,780
Assured
Guaranty
Ltd
3,860
397,961
AUB
Group
Ltd
7,425
4,711,984
Aviva
plc
22,303
2,712,154
AXA
S.A.
80,467
164,546
Axis
Capital
Holdings
Ltd
9,275
2,273
Baloise
Holding
AG.
329
2,440,100
Bangkok
Life
Assurance
PCL
1,856
449,200
Bangkok
Life
Assurance
PCL
342
601,346
BB
Seguridade
Participacoes
S.A.
3,734
4,597,664
Beazley
plc
30,916
16,099
(a)
Brighthouse
Financial,
Inc
788
22,385
Brookfield
Reinsurance
Ltd
700
242,655
Brown
&
Brown,
Inc
16,947
259,127
(a)
BRP
Group,
Inc
6,020
64,732
Bupa
Arabia
for
Cooperative
Insurance
Co
3,590
8,271,768
Cathay
Financial
Holding
Co
Ltd
11,422
225,000
Central
Reinsurance
Co
Ltd
163
6,498,435
China
Development
Financial
Holding
Corp
2,376
1,413,332
China
Insurance
International
Holdings
Co
Ltd
1,400
CREF
Stock
Account
September
30,
2023
78
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
6,690,790
China
Life
Insurance
Co
Ltd
$
10,368
174,075
China
Life
Insurance
Co
Ltd
(Class
A)
869
400,300
China
Pacific
Insurance
Group
Co
Ltd
-
A
1,580
2,389,209
China
Pacific
Insurance
Group
Co
Ltd
-
H
5,948
1,198,375
Chubb
Ltd
249,478
37,491
Cincinnati
Financial
Corp
3,835
51,184
(a)
Clal
Insurance
Enterprises
Holdings
Ltd
797
6,774
CNA
Financial
Corp
267
82,550
CNO
Financial
Group,
Inc
1,959
74,689
Co
for
Cooperative
Insurance
2,509
3,630,000
(a),(b),(d)
Convoy
Global
Holdings
Ltd
5
77,269
(b)
Crawford
&
Co
722
873,900
Dai-ichi
Life
Holdings,
Inc
18,041
256,377
Definity
Financial
Corp
7,078
390,800
Dhipaya
Group
Holdings
PCL
399
1,064,761
Direct
Line
Insurance
Group
plc
2,227
448,710
(a)
Discovery
Ltd
3,251
40,841
Dongbu
Insurance
Co
Ltd
2,706
229,326
Employers
Holdings,
Inc
9,162
2,670
(a)
Enstar
Group
Ltd
646
422,617
Everest
Re
Group
Ltd
157,074
24,010
F&G
Annuities
&
Life,
Inc
674
21,225
Fairfax
Financial
Holdings
Ltd
17,326
875,000
(a)
Fidelis
Insurance
Holdings
Ltd
12,845
926,437
Fidelity
National
Financial,
Inc
38,262
24,931
First
American
Financial
Corp
1,408
5,400
(a)
FP
Partner,
Inc
126
6,797,451
Fubon
Financial
Holding
Co
Ltd
12,798
161,403
Gallagher
(Arthur
J.)
&
Co
36,789
69,988
Gjensidige
Forsikring
ASA
1,027
386,011
Globe
Life,
Inc
41,971
183,045
(a)
Goosehead
Insurance,
Inc
13,642
272,750
Great-West
Lifeco
Inc
7,803
141,407
Hannover
Rueckversicherung
AG.
31,027
8,870
Hanover
Insurance
Group,
Inc
984
276,247
(a)
Hanwha
General
Insurance
Co
Ltd
895
2,460,041
Hanwha
Life
Insurance
Co
Ltd
5,194
313,801
Harel
Insurance
Investments
&
Financial
Services
Ltd
2,488
73,614
Hartford
Financial
Services
Group,
Inc
5,220
841,986
(c)
HDFC
Life
Insurance
Co
Ltd
6,449
44,209
Helvetia
Holding
AG.
6,175
654,482
Hiscox
Ltd
8,002
255,487
Hyundai
Marine
&
Fire
Insurance
Co
Ltd
6,134
100,539
iA
Financial
Corp,
Inc
6,307
209,302
(c)
ICICI
Lombard
General
Insurance
Co
Ltd
3,292
312,108
(c)
ICICI
Prudential
Life
Insurance
Co
Ltd
2,124
2,239,432
Insurance
Australia
Group
Ltd
8,124
168,968
Intact
Financial
Corp
24,634
55,153
(a)
IRB-Brasil
Resseguros
S.A.
483
169,813
James
River
Group
Holdings
Ltd
2,607
2,018,200
Japan
Post
Holdings
Co
Ltd
16,146
178,100
Japan
Post
Insurance
Co
Ltd
2,995
2,626,641
Just
Group
plc
2,307
15,119
Kemper
Corp
635
16,542
Kinsale
Capital
Group,
Inc
6,851
304,608
Korean
Reinsurance
Co
1,861
199,273
Lancashire
Holdings
Ltd
1,434
3,742,531
Legal
&
General
Group
plc
10,099
46,600
(a),(b)
Lifenet
Insurance
Co
302
224,627
Lincoln
National
Corp
5,546
485,270
Linea
Directa
Aseguradora
S.A.
Cia
de
Seguros
y
Reaseguros
448
44,582
Loews
Corp
2,822
79
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,803,412
Manulife
Financial
Corp
$
32,955
754,912
Mapfre
S.A.
1,536
3,179
(a)
Markel
Corp
4,681
1,485,887
Marsh
&
McLennan
Cos,
Inc
282,764
199,885
(a)
Max
Financial
Services
Ltd
2,186
2,530,794
Medibank
Pvt
Ltd
5,586
17,084
Menora
Mivtachim
Holdings
Ltd
399
385,933
Mercuries
&
Associates
Holding
Ltd
149
2,094,944
Mercuries
Life
Insurance
Co
Ltd
333
257,120
Mercury
General
Corp
7,207
2,674,451
Metlife,
Inc
168,250
271,915
Migdal
Insurance
&
Financial
Holdings
Ltd
334
395,349
Mitsui
Sumitomo
Insurance
Group
Holdings,
Inc
14,468
977,791
Momentum
Metropolitan
Holdings
1,020
188,149
Muenchener
Rueckver
AG.
73,275
142,265
New
China
Life
Insurance
Co
Ltd
-
A
721
861,465
New
China
Life
insurance
Co
Ltd
-
H
2,066
399,807
nib
holdings
Ltd
1,903
675,580
NN
Group
NV
21,658
4,298,697
Old
Mutual
Ltd
2,738
65,678
Old
Republic
International
Corp
1,769
1,402,951
(a)
Oscar
Health,
Inc
7,814
696,902
(b)
OUTsurance
Group
Ltd
1,574
9,718,600
(a)
Panin
Financial
Tbk
PT
183
168,075
(a)
PB
Fintech
Ltd
1,544
9,228,388
People's
Insurance
Co
Group
of
China
Ltd
3,301
747,915
People's
Insurance
Co
Group
of
China
Ltd
(Class
A)
607
818,598
Phoenix
Group
Holdings
plc
4,797
143,737
Phoenix
Holdings
Ltd
1,509
6,213,556
PICC
Property
&
Casualty
Co
Ltd
7,956
5,976,476
Ping
An
Insurance
Group
Co
of
China
Ltd
33,896
591,027
Ping
An
Insurance
Group
Co
of
China
Ltd
(Class
A)
3,940
569,952
(c)
Poste
Italiane
S.p.A
5,985
562,841
(b)
Power
Corp
of
Canada
14,329
511,860
Powszechny
Zaklad
Ubezpieczen
S.A.
4,835
80,128
Primerica,
Inc
15,546
60,463
Principal
Financial
Group
4,358
730,693
Progressive
Corp
101,786
50,445
Protector
Forsikring
ASA
818
92,269
Prudential
Financial,
Inc
8,755
3,818,399
Prudential
plc
41,045
1,369,441
QBE
Insurance
Group
Ltd
13,718
163,400
(b)
Qualitas
Controladora
SAB
de
C.V.
1,228
29,387
Reinsurance
Group
of
America,
Inc
(Class
A)
4,267
81,993
(a)
Religare
Enterprises
Ltd
238
117,034
RenaissanceRe
Holdings
Ltd
23,163
30,941
RLI
Corp
4,205
70,359
(a)
Ryan
Specialty
Holdings,
Inc
3,405
25,250
Safety
Insurance
Group,
Inc
1,722
626,054
Sampo
Oyj
(A
Shares)
27,065
26,952
Samsung
Fire
&
Marine
Insurance
Co
Ltd
5,184
69,317
Samsung
Life
Insurance
Co
Ltd
3,606
1,539,977
Sanlam
Ltd
5,342
40,935
Santam
Ltd
651
387,176
(c)
SBI
Life
Insurance
Co
Ltd
6,073
119,551
SCOR
SE
3,712
876,251
(a)
Selectquote,
Inc
1,025
11,219,866
Shin
Kong
Financial
Holding
Co
Ltd
3,225
521,000
Shinkong
Insurance
Co
Ltd
975
26,270
(a)
Skyward
Specialty
Insurance
Group,
Inc
719
368,254
Sompo
Holdings,
Inc
15,782
90,556
(a)
Star
Health
&
Allied
Insurance
Co
Ltd
655
CREF
Stock
Account
September
30,
2023
80
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
772,456
Steadfast
Group
Ltd
$
2,790
1,383,839
Storebrand
ASA
11,236
572,892
Sun
Life
Financial,
Inc
27,952
1,163,509
Suncorp-Metway
Ltd
10,366
33,563
Swiss
Life
Holding
20,882
14,971
Swiss
Re
AG.
1,538
248,500
Syarikat
Takaful
Malaysia
Keluarga
Bhd
184
462,700
T&D
Holdings,
Inc
7,609
69,374
Talanx
AG.
4,391
40,087
Tiptree,
Inc
672
1,660,300
Tokio
Marine
Holdings,
Inc
38,442
135,385
Tongyang
Life
Insurance
Co
Ltd
472
37,145
Topdanmark
AS.
1,613
258,200
TQM
Alpha
PCL
237
175,742
Travelers
Cos,
Inc
28,700
37,010
(a)
Trisura
Group
Ltd
821
1,247,340
Tryg
A.S.
22,826
1,476,625
Unipol
Gruppo
S.p.A
7,970
291,370
Uniqa
Versicherungen
AG.
2,356
150,646
Unum
Group
7,410
31,025
Vienna
Insurance
Group
AG
Wiener
Versicherung
Gruppe
865
274,003
W.R.
Berkley
Corp
17,396
2,150
White
Mountains
Insurance
Group
Ltd
3,216
352,503
Willis
Towers
Watson
plc
73,659
23,213
Wuestenrot
&
Wuerttembergische
AG.
355
304,605
(a),(c)
ZhongAn
Online
P&C
Insurance
Co
Ltd
893
474,078
Zurich
Insurance
Group
AG
216,917
TOTAL
INSURANCE
3,269,570
MATERIALS
-
4.7%
50,400
(a),(b)
5E
Advanced
Materials,
Inc
114
149,410
Aarti
Industries
Ltd
882
59,842
(a)
Aarti
Pharmalabs
Ltd
333
1,518,270
Abou
Kir
Fertilizers
&
Chemical
Industries
3,295
462,935
Acerinox
S.A.
4,473
65,338
ADEKA
Corp
1,116
326,825
Adelaide
Brighton
Ltd
424
45,110
Advanced
Enzyme
Technologies
Ltd
174
7,131
(b)
Advanced
Nano
Products
Co
Ltd
704
102,999
Advanced
Petrochemical
Co
1,102
87,812
AECI
Ltd
523
12,475
Aekyung
Chemical
Co
Ltd
121
86,668
African
Rainbow
Minerals
Ltd
779
66,625
Afrimat
Ltd
185
49,769
Agnico
Eagle
Mines
Ltd
2,262
501,100
Agnico-Eagle
Mines
Ltd
22,770
38,752
Aica
Kogyo
Co
Ltd
864
716,673
Air
Liquide
120,710
127,610
Air
Products
&
Chemicals,
Inc
36,165
148,800
Air
Water,
Inc
1,852
7,443
Akzo
Nobel
India
Ltd
225
90,219
Akzo
Nobel
NV
6,505
30,883
Al
Masane
Al
Kobra
Mining
Co
429
331,549
Alamos
Gold,
Inc
3,740
67,361
Albemarle
Corp
11,454
212,902
Alcoa
Corp
6,187
70,378
(b)
Algoma
Steel
Group,
Inc
477
14,012
Alkyl
Amines
Chemicals
388
801,114
Alleima
AB
4,200
33,000
Allied
Supreme
Corp
300
502,971
(a)
Allkem
Ltd
3,761
458,332
(a)
Alpha
HPA
Ltd
227
81
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
31,177
(b)
Altius
Minerals
Corp
$
504
57,606
(b)
Altri
SGPS
S.A.
261
28,369
(a)
Alujain
Corp
334
2,073,432
Alumina
Ltd
1,261
3,681,964
Aluminum
Corp
of
China
Ltd
2,048
825,687
Aluminum
Corp
of
China
Ltd
(Class
A)
712
524,566
Ambuja
Cements
Ltd
2,674
92
Amcor
plc
1
24,579
AMG
Advanced
Metallurgical
Group
NV
738
52,893
Anglo
American
Platinum
Ltd
1,974
1,089,129
Anglo
American
plc
29,907
350,831
AngloGold
Ashanti
UK
Ltd
5,637
561,565
Anhui
Conch
Cement
Co
Ltd
1,486
91,645
Anhui
Conch
Cement
Co
Ltd
(Class
A)
328
22,820
Anhui
Honglu
Steel
Construction
Group
Co
Ltd
89
159,942
Antofagasta
plc
2,777
18,784
Anupam
Rasayan
India
Ltd
200
41,068
APERAM
S.A.
1,193
137,037
APL
Apollo
Tubes
Ltd
2,677
38,396
Arabian
Cement
Co
340
1,666,710
(a),(b)
Arafura
Rare
Earths
Ltd
277
210,088
(a)
ArcelorMittal
S.A.
5,260
29,351
Archean
Chemical
Industries
Ltd
208
21,277
(a),(d)
Ardagh
Group
S.A.
92
113,763
(b)
Ardagh
Metal
Packaging
S.A.
356
58,034
(b)
ARE
Holdings,
Inc
736
1,065,951
(a)
Argosy
Minerals
Ltd
132
234,857
Arkema
23,119
1,133,508
Asahi
Kasei
Corp
7,135
8,700
Asahi
Organic
Chemicals
Industry
Co
Ltd
215
36,945
Ashland,
Inc
3,018
348,000
Asia
Cement
China
Holdings
Corp
117
1,013,044
Asia
Cement
Corp
1,248
12,981
(a),(d)
Asia
Pacific
Investment
Partners
Limited
0^
369,000
Asia
Polymer
Corp
280
330,591
Asian
Paints
Ltd
12,565
59,100
(a)
Asia-Potash
International
Investment
Guangzhou
Co
Ltd
228
869,640
(a),(b)
Aspen
Aerogels,
Inc
7,479
54,305
Associated
Cement
Co
Ltd
1,312
96,354
Atalaya
Mining
plc
400
12,057
Atul
Ltd
1,021
51,605
Aurubis
AG.
3,808
43,683
Avery
Dennison
Corp
7,980
377,716
Avient
Corp
13,341
3,056,195
(a),(b),(d)
AVZ
Minerals
Ltd
766
1,282,749
(a)
Axalta
Coating
Systems
Ltd
34,506
86,583
(a)
Aya
Gold
&
Silver,
Inc
465
1,070,801
B2Gold
Corp
3,075
11,265
Balaji
Amines
Ltd
294
204,209
Ball
Corp
10,166
1,440,385
Baoshan
Iron
&
Steel
Co
Ltd
1,204
23,089,321
Barito
Pacific
Tbk
PT
1,941
1,594,576
Barrick
Gold
Corp
23,163
10,963
BASF
India
Ltd
337
903,572
BASF
SE
40,900
12,753
Bayer
CropScience
Ltd
820
30,400
Beijing
Oriental
Yuhong
Waterproof
Technology
Co
Ltd
112
28,281
Bekaert
S.A.
1,266
895,942
(a)
Bellevue
Gold
Ltd
788
206,693
Berger
Paints
India
Ltd
1,414
41,339
(a)
Berger
Paints
India
Ltd
283
20,163,000
(a)
Berkah
Beton
Sadaya
Tbk
PT
65
CREF
Stock
Account
September
30,
2023
82
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
136,483
Berry
Global
Group,
Inc
$
8,450
51,080
BEWi
ASA
142
6,601,692
BHP
Billiton
Ltd
185,447
255,811
BHP
Group
Ltd
7,261
186,059
Billerud
AB
1,722
4,000
(a),(b),(d)
Bio
On
Spa
0^
28,588
Birla
Corp
Ltd
422
387,774
BlueScope
Steel
Ltd
4,802
606,594
Boliden
AB
17,407
314,579
(a)
Boral
Ltd
895
75,802
Borregaard
ASA
1,115
23,447
(a)
Borusan
Mannesmann
Boru
Sanayi
ve
Ticaret
AS.
602
294,305
Boubyan
Petrochemicals
Co
KSCP
660
17,900
Bradespar
S.A.
75
1,302,100
Bradespar
S.A.
5,885
251,188
Breedon
Group
plc
1,008
61,328
Brickworks
Ltd
980
78,140
Buzzi
Unicem
S.p.A.
2,135
43,500
C
Uyemura
&
Co
Ltd
2,741
291,181
(a)
Calibre
Mining
Corp
279
105,291
(a),(b)
Calix
Ltd
190
45,474
(a)
Canfor
Corp
565
18,482
Canmax
Technologies
Co
Ltd
65
45,797
CAP
S.A.
297
244,245
(a)
Capricorn
Metals
Ltd
639
347,117
(a),(b)
Capstone
Copper
Corp
1,472
85,783
Carborundum
Universal
Ltd
1,213
195,930
Carpenter
Technology
Corp
13,168
58,955
(b)
Cascades,
Inc
533
1,522,584
Castrol
India
Ltd
2,537
135,560
CCL
Industries
5,690
683,216
Celanese
Corp
(Series
A)
85,757
33,837
Cementir
Holding
NV
268
13,081,130
(a),(b)
Cemex
S.A.
de
C.V.
8,534
1,008,130
Centamin
plc
1,024
186,643
Centerra
Gold,
Inc
912
725,931
Central
Asia
Metals
plc
1,665
126,000
Century
Iron
&
Steel
Industrial
Co
Ltd
707
45,282
Century
Plyboards
India
Ltd
352
41,481
Century
Textiles
&
Industries
Ltd
557
15,158
CF
Industries
Holdings,
Inc
1,300
276,414
(a)
Chalice
Mining
Ltd
407
138,584
Chambal
Fertilisers
and
Chemicals
Ltd
461
320,666
Champion
Iron
Ltd
1,280
59,219
(a)
Chemplast
Sanmar
Ltd
344
632,000
Cheng
Loong
Corp
561
22,000
Chengxin
Lithium
Group
Co
Ltd
68
350,880
Chia
Hsin
Cement
Corp
202
29,700
(a)
Chifeng
Jilong
Gold
Mining
Co
Ltd
59
2,799,600
China
BlueChemical
Ltd
692
406,000
China
General
Plastics
Corp
314
2,200,605
(b)
China
Hongqiao
Group
Ltd
2,143
101,429
China
Jushi
Co
Ltd
188
1,236,000
China
Man-Made
Fiber
Corp
300
150,000
China
Metal
Products
165
3,436,614
China
Molybdenum
Co
Ltd
2,192
985,744
China
Molybdenum
Co
Ltd
(Class
A)
802
1,690,276
China
National
Building
Material
Co
Ltd
884
1,214,000
China
Nonferrous
Mining
Corp
Ltd
776
177,029
China
Northern
Rare
Earth
Group
High-Tech
Co
Ltd
530
2,456,000
China
Oriental
Group
Co
Ltd
387
2,855,000
China
Petrochemical
Development
Corp
830
83
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
58,000
China
Rare
Earth
Resources
And
Technology
Co
Ltd
$
229
1,148,248
China
Resources
Cement
Holdings
Ltd
294
110,000
China
Steel
Chemical
Corp
385
10,047,181
China
Steel
Corp
7,862
2,791,251
China
XLX
Fertiliser
Ltd
1,398
4,462,240
(a),(b),(d)
China
Zhongwang
Holdings
Ltd
6
64,306
Chr
Hansen
Holding
A/S
3,934
23,078
Chugoku
Marine
Paints
Ltd
209
512,000
Chun
Yuan
Steel
Industry
Co
Ltd
269
4,030
Chunbo
Co
Ltd
390
801,000
Chung
Hung
Steel
Corp
560
328,000
Chung
Hwa
Pulp
Corp
230
113,000
Cia
Brasileira
de
Aluminio
103
32,800
Cia
de
Ferro
Ligas
da
Bahia
FERBASA
328
193,122
Cia
de
Minas
Buenaventura
S.A.
(ADR)
(Series
B)
1,645
541,150
Cia
Siderurgica
Nacional
S.A.
1,307
300,629
Cimsa
Cimento
Sanayi
VE
Ticaret
AS.
455
51,901
City
Cement
Co
257
161,076
Clariant
AG.
2,540
20,523
Clean
Science
&
Technology
Ltd
347
1,191,682
(a)
Cleveland-Cliffs,
Inc
18,626
21,800
CNGR
Advanced
Material
Co
Ltd
152
140,080
CNNC
Hua
Yuan
Titanium
Dioxide
Co
Ltd
89
684,850
(a)
Coeur
Mining,
Inc
1,520
146,660
Commercial
Metals
Co
7,246
86,132
(a)
Companhia
Vale
do
Rio
Doce
5
159,582
Compass
Minerals
International,
Inc
4,460
1,128,773
(a)
Constellium
SE
20,544
48,247
Corbion
NV
960
1,374,790
(a),(b)
Core
Lithium
Ltd
354
50,680
(a)
Core
Molding
Technologies,
Inc
1,444
95,978
Coromandel
International
Ltd
1,323
3,312,784
(c)
Coronado
Global
Resources,
Inc
4,111
3,848,443
Corteva,
Inc
196,886
28,489
(b)
Corticeira
Amorim
SGPS
S.A.
293
20,254
(a)
Cosmochemical
Co
Ltd
573
220,831
(c)
Covestro
AG.
11,875
3,285,037
(a),(e)
CRH
plc
179,790
40,062
Croda
International
plc
2,393
1,772,056
Crown
Holdings,
Inc
156,792
1,041,452
CSR
Ltd
3,753
1,389,200
D&L
Industries,
Inc
158
211,200
Daicel
Chemical
Industries
Ltd
1,767
21,331
Daido
Steel
Co
Ltd
867
4,100
Daiken
Corp
82
26,300
Daiki
Aluminium
Industry
Co
Ltd
229
67,101
Dainippon
Ink
and
Chemicals,
Inc
1,089
77,899
(b)
Daio
Paper
Corp
637
73,330
(a),(b)
Dakota
Gold
Corp
189
61,699
Dalmia
Bharat
Ltd
1,783
984,426
(a)
De
Grey
Mining
Ltd
706
48,522
Deepak
Fertilisers
&
Petrochemicals
Corp
Ltd
377
53,599
Deepak
Nitrite
Ltd
1,366
64,949
Denki
Kagaku
Kogyo
KK
1,173
1,960,042
Deterra
Royalties
Ltd
5,991
335,310
Dexco
S.A.
514
51,700
Do-Fluoride
New
Materials
Co
Ltd
114
25,466
Dongjin
Semichem
Co
Ltd
631
15,213
(a)
Dongkuk
CM
Co
Ltd
85
25,243
(a)
Dongkuk
Steel
Mill
Co
Ltd
208
3,201
(a)
Dongwha
Enterprise
Co
Ltd
133
3,372
Dongwon
Systems
Corp
75
CREF
Stock
Account
September
30,
2023
84
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
1,430,000
Dongyue
Group
Ltd
$
1,071
2,309
(a),(b)
Dottikon
Es
Holding
AG.
541
485,292
Dow,
Inc
25,022
45,079
DOWA
HOLDINGS
CO
Ltd
1,401
385,527
DRDGOLD
Ltd
318
1,130,128
DS
Smith
plc
3,942
401,127
DSM-Firmenich
AG.
33,896
409,900
Dundee
Precious
Metals,
Inc
2,535
3,368,296
DuPont
de
Nemours,
Inc
251,241
26,577
Eagle
Materials,
Inc
4,426
7,764
East
Pipes
Integrated
Co
for
Industry
136
960,500
Eastern
Polymer
Group
PCL
174
40,083
Eastern
Province
Cement
Co
416
34,113
Eastman
Chemical
Co
2,617
21,369
Ecolab,
Inc
3,620
17,165
(b)
Ecopro
Co
Ltd
11,394
449,433
(a)
Ecovyst,
Inc
4,422
65,163
EID
Parry
India
Ltd
409
109,436
(a)
El
Ezz
Steel
Co
190
168,439
(a)
Eldorado
Gold
Corp
1,503
318,123
Element
Solutions,
Inc
6,238
464,438
(a)
Elementis
plc
701
241,189
(c)
Elkem
ASA
488
973,163
Empresas
CMPC
S.A.
1,792
7,667
EMS-Chemie
Holding
AG.
5,196
110,191
(b)
Ence
Energia
y
Celulosa
S.A.
369
7,212
(a)
Enchem
Co
Ltd
304
201,083
Endeavour
Mining
plc
3,882
172,991
(a)
Endeavour
Silver
Corp
423
122,091
EPL
Ltd
274
245,333
(a)
Equinox
Gold
Corp
1,031
7,897
(b)
Eramet
600
1,145,441
Eregli
Demir
ve
Celik
Fabrikalari
TAS
1,855
69,316
(a),(b)
ERO
Copper
Corp
1,195
239,748
Essentra
plc
473
668,850
Eternal
Chemical
Co
Ltd
588
725,000
EVERGREEN
Steel
Corp
1,595
446,000
Everlight
Chemical
Industrial
Corp
267
1,538,003
Evolution
Mining
Ltd
3,211
10,408
Evonik
Industries
AG.
190
343,000
Feng
Hsin
Iron
&
Steel
Co
714
258,319
Ferrexpo
plc
240
76,924
(a)
Filo
Corp
1,149
7,567
Fine
Organic
Industries
Ltd
436
33,792
Fineotex
Chemical
Ltd
130
519,640
Finolex
Industries
Ltd
1,399
1,286,478
(a),(b),(d)
Firefinch
Ltd
83
228,002
(b)
First
Majestic
Silver
Corp
1,168
535,063
First
Quantum
Minerals
Ltd
12,641
92,257
FMC
Corp
6,178
42,872
Foosung
Co
Ltd
325
3,025,139
Formosa
Chemicals
&
Fibre
Corp
5,765
3,296,019
Formosa
Plastics
Corp
8,148
316,820
(c)
Forterra
plc
575
1,440,631
Fortescue
Metals
Group
Ltd
19,150
235,507
(a),(b)
Fortuna
Silver
Mines,
Inc
642
37,020
FP
Corp
594
187,565
(b)
Franco-Nevada
Corp
25,040
2,405,213
Freeport-McMoRan,
Inc
(Class
B)
89,690
56,435
FUCHS
SE
2,188
1,275,000
Fufeng
Group
Ltd
716
29,877
Fuji
Seal
International,
Inc
356
43,425
Fujimi,
Inc
872
10,730
Fujimori
Kogyo
Co
Ltd
266
85
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
15,900
Fuso
Chemical
Co
Ltd
$
417
11,151
Galaxy
Surfactants
Ltd
341
352,880
(c)
Ganfeng
Lithium
Group
Co
Ltd
1,441
78,480
Ganfeng
Lithium
Group
Co
Ltd
482
136,600
(b)
GCC
SAB
de
C.V.
1,285
131,079
GEM
Co
Ltd
110
582,236
(a),(b)
Genesis
Minerals
Ltd
516
973,940
Gerdau
S.A.
(Preference)
4,675
62,969
GHCL
Ltd
466
1,164,318
(a),(b)
Ginkgo
Bioworks
Holdings,
Inc
2,107
9,844
Givaudan
S.A.
32,050
26,239,311
Glencore
plc
149,420
134,311
(a),(b)
Global
Atomic
Corp
225
579,000
(a),(b)
Global
New
Material
International
Holdings
Ltd
301
350,000
Gloria
Material
Technology
Corp
493
39,541
Godawari
Power
and
Ispat
Ltd
301
756,048
(a)
GoGold
Resources,
Inc
674
761,495
Gold
Fields
Ltd
8,254
870,112
Gold
Road
Resources
Ltd
894
666,000
Goldsun
Development
&
Construction
Co
Ltd
517
792,000
Grand
Pacific
Petrochemical
409
577,222
Grange
Resources
Ltd
175
88,061
Granges
AB
828
230,052
Graphic
Packaging
Holding
Co
5,126
224,351
Grasim
Industries
Ltd
5,234
11,397
Gravita
India
Ltd
125
605,755
(a),(d)
Great
Basin
Gold
Ltd
4
4,118,082
(a),(b)
Greatland
Gold
plc
322
47,969
Greenpanel
Industries
Ltd
219
2,920
Greif,
Inc
(Class
B)
194
29,721
(a)
Grupa
Azoty
S.A.
167
7,403
Grupa
Kety
S.A.
1,116
2,668,038
(b)
Grupo
Mexico
S.A.
de
C.V.
(Series
B)
12,629
163,800
(a)
Guangdong
HEC
Technology
Holding
Co
Ltd
149
100,724
Guangzhou
Tinci
Materials
Technology
Co
Ltd
374
414,100
(a)
Guizhou
Zhongyida
Co
Ltd
131
17,665
Gujarat
Alkalies
&
Chemicals
Ltd
155
21,772
Gujarat
Fluorochemicals
Ltd
799
518,867
Gujarat
Narmada
Valley
Fertilizers
&
Chemicals
Ltd
3,816
199,152
Gujarat
State
Fertilizers
&
Chemicals
Ltd
415
2,267
(b)
Gurit
Holding
AG.
230
26,291
Han
Kuk
Carbon
Co
Ltd
244
47,200
Hangzhou
Oxygen
Plant
Group
Co
Ltd
210
11,998
Hanil
Cement
Co
Ltd
107
7,604
Hansol
Chemical
Co
Ltd
941
86,093
(a)
Hanwha
Chemical
Corp
1,898
32,600
Haohua
Chemical
Science
&
Technology
Co
Ltd
148
448,676
Harmony
Gold
Mining
Co
Ltd
1,685
1,074,148
HeidelbergCement
AG.
83,193
67,346
HeidelbergCement
India
Ltd
145
936,562
(a)
Hektas
Ticaret
TAS
917
162,700
Henan
Shenhuo
Coal
&
Power
Co
Ltd
382
380,669
Hengli
Petrochemical
Co
Ltd
752
196,094
Hengyi
Petrochemical
Co
Ltd
198
873,316
Hesteel
Co
Ltd
272
662,479
Hexpol
AB
5,870
174,295
Hill
&
Smith
Holdings
plc
3,647
151,316
Himadri
Speciality
Chemical
Ltd
442
1,052,618
Hindalco
Industries
Ltd
6,213
191,678
Hindustan
Copper
Ltd
374
682,601
Hochschild
Mining
plc
695
97,229
(b)
Hokuetsu
Paper
Mills
Ltd
705
25,870
(b)
Holcim
Ltd
1,656
102,653
Holmen
AB
3,990
CREF
Stock
Account
September
30,
2023
86
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
17,401
Honam
Petrochemical
Corp
$
1,767
33,400
Hoshine
Silicon
Industry
Co
Ltd
277
173,000
Hsin
Kuang
Steel
Co
Ltd
251
883,000
(b)
Huabao
International
Holdings
Ltd
300
245,900
Huafon
Chemical
Co
Ltd
238
277,100
Huaibei
Mining
Holdings
Co
Ltd
531
27,351
Hubei
Feilihua
Quartz
Glass
Co
Ltd
170
51,900
Hubei
Xingfa
Chemicals
Group
Co
Ltd
141
1,445,099
(b)
HudBay
Minerals,
Inc
7,033
80,022
Huhtamaki
Oyj
2,631
24,170
Hunan
Changyuan
Lico
Co
Ltd
28
509,411
Hunan
Valin
Steel
Co
Ltd
418
99
Huntsman
Corp
2
2,312
Hyosung
Advanced
Materials
Corp
671
2,114
Hyosung
TNC
Corp
551
74,093
Hyundai
Steel
Co
2,084
134,279
(a),(b)
i-80
Gold
Corp
203
377,190
(a)
Iamgold
Corp
814
327,531
(c)
Ibstock
plc
569
356,724
Iluka
Resources
Ltd
1,742
410,660
Imdex
Ltd
409
27,795
(b)
Imerys
S.A.
820
736,036
(b)
Impala
Platinum
Holdings
Ltd
3,834
1,619,428
Incitec
Pivot
Ltd
3,245
2,285,797
Indah
Kiat
Pulp
&
Paper
Tbk
PT
1,639
576,801
Independence
Group
NL
4,629
76,930
India
Cements
Ltd
215
9,864
Indigo
Paints
Ltd
176
1,381,704
Indorama
Ventures
PCL
984
173,111
(a),(b)
Industrias
Penoles
S.A.
de
C.V.
2,041
2,536,318
Inner
Mongolia
BaoTou
Steel
Union
Co
Ltd
599
551,288
Inner
Mongolia
Junzheng
Energy
&
Chemical
Industry
Group
Co
Ltd
309
189,600
Inner
Mongolia
Yuan
Xing
Energy
Co
Ltd
184
140,221
Innospec,
Inc
14,331
216,040
(a)
Interfor
Corp
3,205
646,000
International
CSRC
Investment
Holdings
Co
403
1,263,858
International
Flavors
&
Fragrances,
Inc
86,157
1,628,340
(a),(b)
ioneer
Ltd
234
254,347
Israel
Chemicals
Ltd
1,404
3,161
(a)
Israel
Corp
Ltd
805
11,776
ISU
Chemical
Co
Ltd
134
3,118
(a)
ISU
Specialty
Chemical
477
727,804
(a)
Ivanhoe
Mines
Ltd
6,237
374,084
James
Hardie
Industries
plc
9,784
38,843
(a)
Jastrzebska
Spolka
Weglowa
S.A.
390
17,000
JCU
Corp
353
418,149
(b)
JFE
Holdings,
Inc
6,124
15,990
Jiangsu
Yangnong
Chemical
Co
Ltd
151
28,500
Jiangsu
Yoke
Technology
Co
Ltd
252
1,143,115
Jiangxi
Copper
Co
Ltd
1,783
114,409
Jiangxi
Copper
Co
Ltd
(Class
A)
302
26,129
Jinan
Acetate
Chemical
Co
Ltd
895
16,820,800
(b)
Jinchuan
Group
International
Resources
Co
Ltd
921
1,310,869
Jindal
Saw
Ltd
5,456
306,805
Jindal
Stainless
Ltd
1,753
309,005
Jindal
Steel
&
Power
Ltd
2,599
226,900
Jinduicheng
Molybdenum
Co
Ltd
345
28,600
JK
Cement
Ltd
1,094
53,685
JK
Lakshmi
Cement
Ltd
416
60,349
JK
Paper
Ltd
285
108,695
Johnson
Matthey
plc
2,152
160,328
JSR
Corp
4,301
520,990
JSW
Steel
Ltd
4,874
60,729
Jubilant
Ingrevia
Ltd
349
87
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
162,939
K&S
AG.
$
2,947
197,264
(a)
K92
Mining,
Inc
838
40,515
Kaneka
Corp
1,050
190,312
Kansai
Nerolac
Paints
Ltd
727
144,000
Kansai
Paint
Co
Ltd
2,059
192,700
(b)
Kanto
Denka
Kogyo
Co
Ltd
1,125
707,162
Kardemir
Karabuk
Demir
Celik
Sanayi
ve
Ticaret
AS.
760
158,140
(a)
Karora
Resources,
Inc
446
3,618
KCC
Corp
660
11,200
KeePer
Technical
Laboratory
Co
Ltd
436
89,539
Kemira
Oyj
1,392
32,695
KG
Chemical
Corp
173
33,544
KG
DONGBUSTEEL
195
108,696
KGHM
Polska
Miedz
S.A.
2,769
25,100
KH
Neochem
Co
Ltd
385
55,113
Kimteks
Poliuretan
Sanayi
VE
Ticaret
AS.
172
1,352,094
Kinross
Gold
Corp
6,162
48,552
Kirloskar
Ferrous
Industries
Ltd
280
61,202
Kirloskar
Oil
Engines
Ltd
397
623,538
Klabin
S.A.
2,954
226,940
(a)
Knife
River
Corp
11,081
921,500
Kobe
Steel
Ltd
12,002
16,044
Kolon
Industries,
Inc
543
25,558
(b)
Konishi
Co
Ltd
389
2,299
Korea
Petrochemical
Ind
Co
Ltd
232
6,689
Korea
Zinc
Co
Ltd
2,506
801,369
Koza
Altin
Isletmeleri
AS
839
162,650
(a)
Koza
Anadolu
Metal
Madencilik
Isletmeleri
AS
391
3,400
Krosaki
Harima
Corp
219
26,534
(a)
Kum
Yang
Co
Ltd
2,351
53,459
Kumba
Iron
Ore
Ltd
1,284
14,151
Kumho
Petrochemical
Co
Ltd
1,404
49,548
Kumiai
Chemical
Industry
Co
Ltd
367
231,600
Kuraray
Co
Ltd
2,744
12,900
KUREHA
CORP
717
22,716
Kyoei
Steel
Ltd
302
200,858
(b)
Labrador
Iron
Ore
Royalty
Corp
4,754
33,409
(a)
Lake
Materials
Co
Ltd
346
67,770
Lanxess
AG.
1,713
1,937,459
(a)
Latin
Resources
Ltd
304
63,295
Laxmi
Organic
Industries
Ltd
212
158,754
LB
Group
Co
Ltd
401
1,196,000
Lee
&
Man
Paper
Manufacturing
Ltd
349
15,574
Lenzing
AG.
638
816,893
(a),(b),(d)
Leo
Lithium
Ltd
265
42,413
LG
Chem
Ltd
15,529
6,985
LG
Chem
Ltd
(Preference)
1,607
24,766
Linde
India
Ltd
1,773
448,873
Linde
plc
167,006
1,563,657
Linde
plc
582,228
28,300
Lintec
Corp
452
1,280,264
(a),(b)
Liontown
Resources
Ltd
2,399
249,590
(a),(b)
Lithium
Americas
Corp
4,241
684,477
Longchen
Paper
&
Packaging
Co
Ltd
312
1,279,676
(c)
Lotte
Chemical
Titan
Holding
Bhd
315
13,421
LOTTE
Fine
Chemical
Co
Ltd
581
49,293
Louisiana-Pacific
Corp
2,724
89,340
Lundin
Gold,
Inc
1,003
803,664
(b)
Lundin
Mining
Corp
5,994
160,700
Luxi
Chemical
Group
Co
Ltd
250
2,223,473
(a)
Lynas
Corp
Ltd
9,602
248
LyondellBasell
Industries
NV
23
11,733
Maeda
Kosen
Co
Ltd
235
84,589
(a),(b)
MAG.
Silver
Corp
874
CREF
Stock
Account
September
30,
2023
88
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
26,429
Maharashtra
Seamless
Ltd
$
195
54,242
(a)
Major
Drilling
Group
International
330
173,713
Marshalls
plc
533
12,604
Martin
Marietta
Materials,
Inc
5,174
48,600
Maruichi
Steel
Tube
Ltd
1,208
12,421
Meghmani
Finechem
Ltd
148
9,355,576
(a)
Merdeka
Copper
Gold
Tbk
PT
1,738
3,564,988
Mesaieed
Petrochemical
Holding
Co
1,819
968,700
Metalurgica
Gerdau
S.A.
2,149
53,729
(b)
Methanex
Corp
2,421
27,128
(a)
Methanol
Chemicals
Co
164
29,246
Middle
East
Paper
Co
253
176,249
(a)
Mincor
Resources
NL
159
574,406
Mineral
Resources
Ltd
24,666
220,350
Minerals
Technologies,
Inc
12,066
27,572
(c)
Mishra
Dhatu
Nigam
Ltd
135
34,463
Misr
Fertilizers
Production
Co
SAE
409
7,500
Mitani
Sekisan
Co
Ltd
231
1,083,234
Mitsubishi
Chemical
Holdings
Corp
6,824
127,300
Mitsubishi
Gas
Chemical
Co,
Inc
1,711
103,000
Mitsubishi
Materials
Corp
1,665
145,200
Mitsui
Chemicals,
Inc
3,762
158,164
Mitsui
Mining
&
Smelting
Co
Ltd
4,010
910
Miwon
Commercial
Co
Ltd
109
2,560,000
(a),(b)
MMG
Ltd
779
18,734
MNTech
Co
Ltd
242
406,590
Mondi
plc
6,783
668,895
Mount
Gibson
Iron
Ltd
188
144,202
(b)
M-real
Oyj
(B
Shares)
1,158
148,720
(b)
Myers
Industries,
Inc
2,667
81,719
Najran
Cement
Co
267
10,190
Namhae
Chemical
Corp
56
32,000
Nan
Pao
Resins
Chemical
Co
Ltd
206
4,105,887
Nan
Ya
Plastics
Corp
8,471
181,300
Nanofilm
Technologies
International
Ltd
124
137,093
(a),(b)
NanoXplore,
Inc
264
200,000
Nantex
Industry
Co
Ltd
224
5,998,607
National
Aluminium
Co
Ltd
6,989
284,402
(a)
National
Industrialization
Co
964
26,332
Navin
Fluorine
International
Ltd
1,193
11,762
Neogen
Chemicals
Ltd
249
513,869
(a)
New
Gold,
Inc
473
57,284
(a)
New
Pacific
Metals
Corp
99
760,737
Newcrest
Mining
Ltd
11,987
4,785
NewMarket
Corp
2,177
849,080
Newmont
Goldcorp
Corp
31,374
1,533,766
Nickel
Industries
Ltd
731
80,681
Nihon
Parkerizing
Co
Ltd
596
1,687,151
Nine
Dragons
Paper
Holdings
Ltd
946
65,700
Ningbo
Shanshan
Co
Ltd
125
393,206
Ningxia
Baofeng
Energy
Group
Co
Ltd
772
104,566
Nippon
Kayaku
Co
Ltd
873
54,003
Nippon
Light
Metal
Holdings
Co
Ltd
607
848,400
Nippon
Paint
Co
Ltd
5,698
77,980
Nippon
Paper
Industries
Co
Ltd
703
155,200
Nippon
Pillar
Packing
Co
Ltd
4,046
22,728
Nippon
Shokubai
Co
Ltd
825
17,684
Nippon
Soda
Co
Ltd
650
726,427
(b)
Nippon
Steel
Corp
17,019
107,600
Nissan
Chemical
Industries
Ltd
4,574
48,714
Nittetsu
Mining
Co
Ltd
1,631
120,900
(b)
Nitto
Denko
Corp
7,928
623,733
(a)
NMDC
Steel
Ltd
385
102,670
NOCIL
Ltd
281
89
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
53,982
NOF
Corp
$
2,155
2,779,396
Norsk
Hydro
ASA
17,393
68,883
(c)
Norske
Skog
ASA
298
281,582
Northam
Platinum
Holdings
Ltd
1,708
55,538
Northern
Region
Cement
Co
163
980,398
Northern
Star
Resources
Ltd
6,510
212,183
(a),(b)
Novagold
Resources,
Inc
812
101,941
Novozymes
A.S.
4,102
241,140
Nucor
Corp
37,702
298,211
Nufarm
Ltd
903
42,692
Nuh
Cimento
Sanayi
AS.
557
839,380
(b)
Nutrien
Ltd
51,837
109,674
(a)
Nuvoco
Vistas
Corp
Ltd
490
2,915,704
OceanaGold
Corp
5,710
9,484
OCI
Co
Ltd
685
5,077
(a)
OCI
Co
Ltd
458
40,913
OCI
NV
1,138
638,716
(a)
O-I
Glass,
Inc
10,686
781,605
OJI
Paper
Co
Ltd
3,288
16,000
Okamoto
Industries,
Inc
542
114,366
Olin
Corp
5,716
119,157
Omnia
Holdings
Ltd
355
829,748
(b)
Orbia
Advance
Corp
SAB
de
C.V.
1,724
384,072
Orica
Ltd
3,829
474,000
Oriental
Union
Chemical
Corp
281
148,670
Orion
S.A.
3,164
184,329
(a)
Orla
Mining
Ltd
651
5,227,359
Orora
Ltd
9,196
9,100
Osaka
Organic
Chemical
Industry
Ltd
154
12,000
Osaka
Soda
Co
Ltd
516
25,300
Osaka
Titanium
Technologies
514
143,058
(b)
Osisko
Gold
Royalties
Ltd
1,680
277,515
(a)
Osisko
Mining,
Inc
503
314,013
(b)
Outokumpu
Oyj
1,315
302,332
(a)
Oyak
Cimento
Fabrikalari
AS
882
1,064,800
Pabrik
Kertas
Tjiwi
Kimia
Tbk
PT
660
480,670
Packaging
Corp
of
America
73,807
1,635,687
Pan
African
Resources
plc
287
2,214,701
(b)
Pan
American
Silver
Corp
32,069
419,180
(b)
Pan
American
Silver
Corp
(Toronto)
6,067
508,266
(a)
Pangang
Group
Vanadium
Titanium
&
Resources
Co
Ltd
256
229,073
(c)
Paradeep
Phosphates
Ltd
197
133,015
PCBL
Ltd
270
2,829,488
Perenti
Ltd
1,956
5,853,340
Perseus
Mining
Ltd
6,112
979,003
(a)
Petkim
Petrokimya
Holding
701
2,433,815
Petronas
Chemicals
Group
Bhd
3,720
13,469
PI
Advanced
Materials
Co
Ltd
271
74,302
PI
Industries
Ltd
3,086
128,839
Pidilite
Industries
Ltd
3,779
2,295,426
(b)
Pilbara
Minerals
Ltd
6,262
162,900
(a)
PMB
Technology
Bhd
110
15,541
Polyplex
Corp
Ltd
216
158,645
Poongsan
Corp
3,965
166,049
Portucel
Empresa
Produtora
de
Pasta
e
Papel
S.A.
626
61,862
POSCO
24,372
26,642
POSCO
Future
M
Co
Ltd
7,048
17,535
POSCO
M-Tech
Co
Ltd
374
95,200
PPG
Industries,
Inc
12,357
3,021,068
Press
Metal
Aluminium
Holdings
Bhd
3,025
126,676
(a)
Prism
Johnson
Ltd
200
9,028
(a)
Privi
Speciality
Chemicals
Ltd
132
6,237,800
PT
Aneka
Tambang
Tbk
730
984,500
PT
Indocement
Tunggal
Prakarsa
Tbk
633
CREF
Stock
Account
September
30,
2023
90
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
2,912,223
PT
Semen
Gresik
Persero
Tbk
$
1,209
2,004,800
PT
Vale
Indonesia
Tbk
731
2,163
(a)
PTC
Industries
Ltd
153
1,919,509
PTT
Global
Chemical
PCL
1,810
38,116
Qassim
Cement
Co
651
2,262,375
Qatar
Aluminum
Manufacturing
Co
860
228,227
Qatari
Investors
Group
QSC
107
289,200
(a)
Qinghai
Salt
Lake
Industry
Co
Ltd
681
1,080
Quaker
Chemical
Corp
173
117,923
Rain
Industries
Ltd
232
15,226
Rajratan
Global
Wire
Ltd
141
69,861
Rallis
India
Ltd
176
87,191
Ramco
Cements
Ltd
953
792,699
Ramelius
Resources
Ltd
722
42,502
Ramkrishna
Forgings
Ltd
328
42,885
Rashtriya
Chemicals
&
Fertilizers
Ltd
65
34,466
Ratnamani
Metals
&
Tubes
Ltd
1,078
32,234
(b)
Recticel
S.A.
319
613,912
Regis
Resources
Ltd
579
179,476
Reliance
Steel
&
Aluminum
Co
47,064
155,683
Rengo
Co
Ltd
1,068
1,769,986
(a)
Resolute
Mining
Ltd
389
50,762
Rhi
Magnesita
India
Ltd
456
19,991
RHI
Magnesita
NV
675
315,238
Rio
Tinto
Ltd
22,737
1,058,753
Rio
Tinto
plc
66,482
568,824
Rongsheng
Petrochemical
Co
Ltd
930
12,742
Rossari
Biotech
Ltd
125
33,300
Royal
Gold,
Inc
3,541
426,840
Ryerson
Holding
Corp
12,417
204,143
SABIC
Agri-Nutrients
Co
7,245
302,405
Sahara
International
Petrochemical
Co
3,054
32,600
Sakata
INX
Corp
281
122,644
Salzgitter
AG.
3,239
4,273
Sam-A
Aluminum
Co
Ltd
322
19,000
San
Fu
Chemical
Co
Ltd
80
395,199
Sandfire
Resources
Ltd
1,540
208,264
(b)
Sandstorm
Gold
Ltd
974
58,211
Sanyo
Chemical
Industries
Ltd
1,594
15,206
Sanyo
Special
Steel
Co
Ltd
299
440,193
(b)
Sappi
Ltd
1,024
102,500
Sarda
Energy
&
Minerals
Ltd
272
928,254
(a)
Sasa
Polyester
Sanayi
AS
1,665
498,238
(b)
Sasol
Ltd
6,839
187,820
Satellite
Chemical
Co
Ltd
395
1,093,899
(a)
Saudi
Arabian
Mining
Co
11,777
43,826
Saudi
Aramco
Base
Oil
Co
1,739
781,199
Saudi
Basic
Industries
Corp
17,201
65,406
Saudi
Cement
Co
910
319,100
Saudi
Industrial
Investment
Group
2,024
635,181
(a)
Saudi
Kayan
Petrochemical
Co
2,118
6,180,973
(a),(b)
Sayona
Mining
Ltd
366
927,600
SCG
Packaging
PCL
970
64,260
Schnitzer
Steel
Industries,
Inc
(Class
A)
1,790
664,000
Scientex
BHD
525
31,662
Scotts
Miracle-Gro
Co
(Class
A)
1,636
58,512
(a)
Seabridge
Gold,
Inc
615
11,934
SeAH
Besteel
Holdings
Corp
217
1,348
SeAH
Steel
Holdings
Corp
217
142,277
Sealed
Air
Corp
4,675
8,218,300
(a),(d)
Sekawan
Intipratama
Tbk
PT
0^
10,829
Semapa-Sociedade
de
Investimento
e
Gestao
156
584,600
Shandong
Chenming
Paper
Holdings
Ltd
129
194,168
Shandong
Gold
Mining
Co
Ltd
-
A
665
91
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
730,255
(c)
Shandong
Gold
Mining
Co
Ltd
-
H
$
1,374
133,307
Shandong
Hualu
Hengsheng
Chemical
Co
Ltd
587
661,166
Shandong
Nanshan
Aluminum
Co
Ltd
285
129,511
Shandong
Sun
Paper
Industry
JSC
Ltd
218
241,200
Shanghai
Chlor-Alkali
Chemical
Co
Ltd
118
93,677
Shanghai
Putailai
New
Energy
Technology
Co
Ltd
376
157,629
(a)
Shanxi
Meijin
Energy
Co
Ltd
152
331,363
Shanxi
Taigang
Stainless
Steel
Co
Ltd
184
35,775
Sharda
Cropchem
Ltd
181
20,500
Shenghe
Resources
Holding
Co
Ltd
31
41,748
Shenzhen
Capchem
Technology
Co
Ltd
251
8,800
Shenzhen
Dynanonic
Co
Ltd
93
54,960
Shenzhen
Senior
Technology
Material
Co
Ltd
99
33,000
Shenzhen
YUTO
Packaging
Technology
Co
Ltd
112
217,552
Sherwin-Williams
Co
55,487
154,000
(a)
Shihlin
Paper
Corp
265
25,100
Shikoku
Kasei
Holdings
Corp
277
654,200
Shin-Etsu
Chemical
Co
Ltd
19,002
248,703
Shin-Etsu
Polymer
Co
Ltd
2,223
1,007,000
Shinkong
Synthetic
Fibers
Corp
478
78,000
Shiny
Chemical
Industrial
Co
Ltd
316
11,310
Shivalik
Bimetal
Controls
Ltd
72
1,622,000
Shougang
Fushan
Resources
Group
Ltd
549
146,300
Showa
Denko
KK
2,447
7,645
Shree
Cement
Ltd
2,339
659,583
Siam
Cement
PCL
5,438
86,800
Siam
City
Cement
PCL
318
2,415,256
(b)
Sibanye
Stillwater
Ltd
3,708
149,500
Sichuan
Hebang
Biotechnology
Co
Ltd
48
35,900
Sichuan
Yahua
Industrial
Group
Co
Ltd
74
334,146
SIG
Group
AG.
8,232
57,879
(b)
Sika
AG.
14,664
410,830
Silgan
Holdings,
Inc
17,711
2,401,668
(a)
Silver
Lake
Resources
Ltd
1,286
162,896
Silvercorp
Metals,
Inc
379
127,678
(a),(b)
SilverCrest
Metals,
Inc
564
137,767
Sims
Ltd
1,185
1,490,000
(b)
Sinofert
Holdings
Ltd
175
81,600
Sinoma
Science
&
Technology
Co
Ltd
230
31,988
Sinomine
Resource
Group
Co
Ltd
160
297,000
Sinon
Corp
337
765,467
Sinopec
Shanghai
Petrochemical
Co
Ltd
(Class
A)
324
8,138
SK
Chemicals
Co
Ltd
380
21,404
(a),(c)
SK
IE
Technology
Co
Ltd
1,169
14,870
SKC
Co
Ltd
835
69,241
(a)
Skeena
Resources
Ltd
317
28,568
Skshu
Paint
Co
Ltd
270
863,702
Smurfit
Kappa
Group
plc
28,692
122,088
Sociedad
Quimica
y
Minera
de
Chile
S.A.
(Class
B)
7,251
27,919
SOL
S.p.A.
789
434,000
Solar
Applied
Materials
Technology
Corp
491
22,312
Solar
Industries
India
Ltd
1,293
58,924
(a),(b)
Solaris
Resources,
Inc
228
1,285,132
(a),(b)
SolGold
plc
196
28,320
Solvay
S.A.
3,130
74,919
Sonoco
Products
Co
4,072
2,946
Soulbrain
Co
Ltd
499
86,274
South32
Ltd
189
3,862,709
South32
Ltd
8,340
76,776
Southern
Copper
Corp
5,780
52,872
Southern
Province
Cement
Co
622
125,183
SRF
Ltd
3,381
189,360
Ssab
Svenskt
Stal
AB
(Series
A)
1,067
1,995,484
Ssab
Svenskt
Stal
AB
(Series
B)
10,947
CREF
Stock
Account
September
30,
2023
92
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
566,138
(b)
SSR
Mining,
Inc
$
7,524
733,074
(b)
SSR
Mining,
Inc
9,737
75,086
Steel
Dynamics,
Inc
8,051
29,879
(b)
Stelco
Holdings,
Inc
826
43,787
Stella-Jones,
Inc
2,106
2,054
STO
AG.
282
393,996
Stora
Enso
Oyj
(R
Shares)
4,938
103,300
Straits
Trading
Co
Ltd
149
28,112
Sumitomo
Bakelite
Co
Ltd
1,224
1,197,500
Sumitomo
Chemical
Co
Ltd
3,257
94,336
Sumitomo
Chemical
India
Ltd
479
210,300
Sumitomo
Metal
Mining
Co
Ltd
6,176
25,221
Sumitomo
Osaka
Cement
Co
Ltd
620
1,009,635
(a)
Summit
Materials,
Inc
31,440
1,039,285
SunCoke
Energy,
Inc
10,549
29,100
Sunresin
New
Materials
Co
Ltd
233
162,891
Supreme
Industries
Ltd
8,085
64,386
Supreme
Petrochem
Ltd
370
7,067,200
Surya
Esa
Perkasa
Tbk
PT
364
665,217
Suzano
SA
7,183
662,175
Svenska
Cellulosa
AB
(B
Shares)
9,067
287,716
Symrise
AG.
27,390
14,148
(a),(b)
Synthomer
plc
40
512,291
(a),(b)
Syrah
Resources
Ltd
166
24,900
(b)
T
Hasegawa
Co
Ltd
507
1,405,344
TA
Chen
Stainless
Pipe
1,607
269
Taekwang
Industrial
Co
Ltd
113
93,300
Taiheiyo
Cement
Corp
1,653
2,696,145
Taiwan
Cement
Corp
2,778
1,235,000
Taiwan
Fertilizer
Co
Ltd
2,254
232,000
Taiwan
Hon
Chuan
Enterprise
Co
Ltd
759
29,000
Taiyo
Ink
Manufacturing
Co
Ltd
497
153,319
Taiyo
Nippon
Sanso
Corp
3,630
13,755
Takasago
International
Corp
277
81,614
(b)
Takiron
Co
Ltd
313
140,400
Tangshan
Jidong
Cement
Co
Ltd
145
248,216
(a),(b)
Taseko
Mines
Ltd
311
125,523
Tata
Chemicals
Ltd
1,556
6,290,930
(a)
Tata
Steel
Ltd
9,730
6,430
Tatva
Chintan
Pharma
Chem
Pvt
Ltd
123
14,738
TCC
Steel
537
642,716
Teck
Cominco
Ltd
(Class
B)
27,663
120,534
Teck
Resources
Ltd
5,194
150,300
Teijin
Ltd
1,460
44,900
Tenma
Corp
716
19,203
(b)
Tessenderlo
Chemie
NV
553
4,433,504
ThyssenKrupp
AG.
33,705
1,306,000
Tiangong
International
Co
Ltd
424
75,000
Tianqi
Lithium
Corp
567
145,900
Tianshan
Aluminum
Group
Co
Ltd
131
638,816
(a)
Tietto
Minerals
Ltd
137
2,862,200
Timah
Tbk
PT
146
32,180
(a)
TimkenSteel
Corp
699
507,100
Tipco
Asphalt
PCL
224
104,135
Titan
Cement
International
S.A.
1,949
12,591
TKG
Huchems
Co
Ltd
197
582,400
TOA
Paint
Thailand
PCL
366
74,203
Toagosei
Co
Ltd
666
30,524
(b)
Toho
Titanium
Co
Ltd
366
169,529
Tokai
Carbon
Co
Ltd
1,326
4,100
Tokushu
Tokai
Paper
Co
Ltd
94
48,541
Tokuyama
Corp
762
27,214
Tokyo
Ohka
Kogyo
Co
Ltd
1,617
283,004
(b)
Tokyo
Steel
Manufacturing
Co
Ltd
3,188
93
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
564,000
Ton
Yi
Industrial
Corp
$
288
95,378
Tongkun
Group
Co
Ltd
193
659,000
Tongling
Nonferrous
Metals
Group
Co
Ltd
288
1,250,781
Toray
Industries,
Inc
6,508
454,073
(a)
Torex
Gold
Resources,
Inc
4,724
1,005,100
Tosoh
Corp
12,886
5,400
(b)
Toyo
Gosei
Co
Ltd
243
33,600
Toyo
Ink
Manufacturing
Co
Ltd
525
108,500
Toyo
Seikan
Kaisha
Ltd
1,773
73,448
Toyobo
Co
Ltd
529
5,268,000
TPI
Polene
PCL
210
56,992
Transcontinental,
Inc
479
114,000
Tredegar
Corp
617
41,338
Triple
Flag
Precious
Metals
Corp
541
506,000
TSRC
Corp
371
1,221,990
Tung
Ho
Steel
Enterprise
Corp
2,299
394,143
UACJ
Corp
8,263
255,226
UBE
Industries
Ltd
4,300
100,391
Ultra
Tech
Cement
Ltd
9,955
10,927
Umicore
S.A.
259
38,260
Uniao
de
Industrias
Petroquimicas
S.A.
617
2,087
Unid
Co
Ltd
95
115,157
United
States
Steel
Corp
3,740
336,810
Universal
Cement
Corp
272
727,000
UPC
Technology
Corp
335
400,469
UPL
Ltd
2,965
335,698
UPM-Kymmene
Oyj
11,495
129,890
Usha
Martin
Ltd
536
661,000
USI
Corp
425
434,300
Usinas
Siderurgicas
de
Minas
Gerais
S.A.
(Preference)
574
6,934,110
Vale
S.A.
93,226
232,706
Valvoline,
Inc
7,502
751,594
Vedanta
Ltd
2,003
61,323
(c)
Verallia
S.A.
2,412
30,414
Vetropack
Holding
AG.
1,344
142,112
Vicat
S.A.
4,338
32,102
(a)
Victoria
Gold
Corp
138
72,887
Victrex
plc
1,249
54,581
Vidrala
S.A.
4,739
20,806
Vinati
Organics
Ltd
462
186,317
Voestalpine
AG.
5,073
66,549
(a),(b)
Vulcan
Energy
Resources
Ltd
123
27,050
Vulcan
Materials
Co
5,465
60,530
(b)
Vulcan
Steel
Ltd
286
19,785
Wacker
Chemie
AG.
2,825
172,696
Wanhua
Chemical
Group
Co
Ltd
2,098
43,562
Weihai
Guangwei
Composites
Co
Ltd
164
63,753
Welspun
Corp
Ltd
301
116,808
(a)
Wesdome
Gold
Mines
Ltd
610
862,225
(a)
West
African
Resources
Ltd
421
2,230,000
West
China
Cement
Ltd
207
30,238
West
Coast
Paper
Mills
Ltd
256
55,497
West
Fraser
Timber
Co
Ltd
4,029
92,400
Western
Mining
Co
Ltd
163
31,291
Western
Superconducting
Technologies
Co
Ltd
196
243,429
Westlake
Chemical
Corp
30,348
132,783
(h)
Westrock
Co
4,754
411,470
Wheaton
Precious
Metals
Corp
16,698
60,938
(b)
Wheaton
Precious
Metals
Corp
2,471
87,560
Wienerberger
AG.
2,216
27,465
Winpak
Ltd
781
58,800
Worthington
Industries,
Inc
3,635
CREF
Stock
Account
September
30,
2023
94
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
240,700
(a),(b)
W-Scope
Corp
$
1,632
47,515
Xiamen
Tungsten
Co
Ltd
112
78,778
Yamama
Cement
Co
697
172,205
Yamato
Kogyo
Co
Ltd
8,223
64,234
Yanbu
Cement
Co
582
248,923
Yanbu
National
Petrochemical
Co
2,764
8,218
Yara
International
ASA
310
233,000
YC
INOX
Co
Ltd
197
838,150
Yieh
Phui
Enterprise
Co
Ltd
396
161,723
Yintai
Gold
Co
Ltd
314
14,955
(b)
Yodogawa
Steel
Works
Ltd
354
21,840
YongXing
Special
Materials
Technology
Co
Ltd
136
9,285
Youlchon
Chemical
Co
Ltd
191
148
Young
Poong
Corp
56
18,929
Young
Poong
Paper
Manufacturing
Co
Ltd
669
904,000
Yuen
Foong
Yu
Paper
Manufacturing
Co
Ltd
912
171,900
Yunnan
Aluminium
Co
Ltd
357
333,200
Yunnan
Chihong
Zinc&Germanium
Co
Ltd
242
41,684
Yunnan
Energy
New
Material
Co
Ltd
343
104,100
Yunnan
Tin
Co
Ltd
205
112,200
Yunnan
Yuntianhua
Co
Ltd
263
102,700
Zangge
Mining
Co
Ltd
322
114,716
(b)
Zeon
Corp
1,198
1,172,000
Zhaojin
Mining
Industry
Co
Ltd
1,616
78,878
Zhejiang
Huayou
Cobalt
Co
Ltd
407
174,836
Zhejiang
Juhua
Co
Ltd
364
225,300
Zhejiang
Longsheng
Group
Co
Ltd
287
364,500
Zhongjin
Gold
Corp
Ltd
544
133,100
Zibo
Qixiang
Tengda
Chemical
Co
Ltd
117
79,720
Zignago
Vetro
S.p.A.
1,195
4,795,232
Zijin
Mining
Group
Co
Ltd
7,270
1,132,916
Zijin
Mining
Group
Co
Ltd
(Class
A)
1,884
TOTAL
MATERIALS
5,112,516
MEDIA
&
ENTERTAINMENT
-
5.7%
130,923
37
Interactive
Entertainment
Network
Technology
Group
Co
Ltd
391
23,494
4imprint
Group
plc
1,497
554,303
Activision
Blizzard,
Inc
51,899
314,199
(a)
Adevinta
ASA
3,095
175,550
(a),(b)
Advantage
Solutions,
Inc
499
47,589
(a)
Affle
India
Ltd
632
7,335
AfreecaTV
Co
Ltd
456
11,280,000
(a),(b)
Alibaba
Pictures
Group
Ltd
889
8,458,817
(a)
Alphabet,
Inc
1,115,295
9,297,924
(a)
Alphabet,
Inc
(Class
A)
1,216,726
15,800
(a),(b)
Anycolor,
Inc
370
12,459
Arabian
Contracting
Services
Co
687
212,000
(a),(c)
Archosaur
Games,
Inc
71
117,488
Arnoldo
Mondadori
Editore
S.p.A.
266
373,324
(a)
Ascential
plc
952
782,200
Astro
Malaysia
Holdings
Bhd
77
67,023
Atresmedia
Corp
de
Medios
de
Comunicacion
S.A.
259
1,612,152
(c)
Auto
Trader
Group
plc
12,114
29,223
Autohome,
Inc
(ADR)
887
25,459
Avex
Group
Holdings,
Inc
246
5,573,348
(a)
Baidu,
Inc
93,803
15,194
(a)
Baidu,
Inc
(ADR)
2,041
667,700
BEC
World
PCL
(Foreign)
124
198,357
Beijing
Enlight
Media
Co
Ltd
234
20,018
(a),(b)
Believe
S.A.
182
6,400
(a),(b)
Bengo4.com,
Inc
207
22,086
(a)
Better
Collective
A.S.
495
95
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
162,448
(a)
Bilibili,
Inc
$
2,239
808,438
Bollore
SE
4,339
285,914
(a)
Borussia
Dortmund
GmbH
&
Co
KGaA
1,186
63,660
(a)
Boston
Omaha
Corp
1,043
1,021,373
Brightcom
Group
Ltd
232
110,200
(a)
Bumble,
Inc
1,644
26,200
(b)
Bushiroad,
Inc
99
667
Cable
One,
Inc
411
146,600
Capcom
Co
Ltd
5,276
53,300
(a),(b)
Cardlytics,
Inc
879
964,402
carsales.com
Ltd
17,277
26,614
CD
Projekt
S.A.
760
201,051
(a)
Charter
Communications,
Inc
88,426
56,488
Cheil
Worldwide,
Inc
839
161,865
(a),(d)
Chennai
Super
Kings
Cricket
Ltd
14
59,200
China
Film
Co
Ltd
115
374,158
(a),(c)
China
Literature
Ltd
1,362
4,640,000
(a),(b)
China
Ruyi
Holdings
Ltd
1,199
60,894
(a),(b)
Cineplex,
Inc
425
68,763
(a)
CJ
CGV
Co
Ltd
290
8,813
CJ
ENM
Co
Ltd
372
710,620
(a),(b)
Clear
Channel
Outdoor
Holdings,
Inc
1,123
53,550
(a),(c)
Cloud
Music,
Inc
581
1,070,000
(a),(b)
CMGE
Technology
Group
Ltd
182
11,647
Cogeco
Communications,
Inc
539
3,307
(b)
Cogeco,
Inc
120
44,018
(a),(b)
COLOPL,
Inc
174
7,186
Com2uSCorp
238
8,574,967
Comcast
Corp
(Class
A)
380,214
8,606
(a)
Connectwave
Co
Ltd
64
2,268,000
(a)
Converge
Information
and
Communications
Technology
Solutions,
Inc
384
6,600
(a),(b)
Cover
Corp
109
293,425
CTS
Eventim
AG.
16,656
337,900
CyberAgent,
Inc
1,819
157,942
Cyfrowy
Polsat
S.A.
436
64,762
Daiichikosho
Co
Ltd
1,051
59,311
(a)
Dena
Co
Ltd
596
175,600
Dentsu,
Inc
5,165
5,990
(a)
Devsisters
Co
Ltd
200
232,830
(a),(b)
DISH
Network
Corp
(Class
A)
1,364
174,994
(b)
Domain
Holdings
Australia
Ltd
446
99,224
(a),(b)
DouYu
International
Holdings
Ltd
(ADR)
97
13,672
Echo
Marketing,
Inc
110
174,466
Electronic
Arts,
Inc
21,006
618,832
(a),(b)
Embracer
Group
AB
1,234
58,650
Entravision
Communications
Corp
(Class
A)
214
113,339
(b)
Eutelsat
Communications
668
1,279,620
(a),(b)
Eventbrite,
Inc
12,617
70,104
EVT
Ltd
493
1,804,000
(b)
Fire
Rock
Holdings
Ltd
71
964,107
Focus
Media
Information
Technology
Co
Ltd
946
84,935
Fox
Corp
(Class
A)
2,650
340,000
(a),(b)
fuboTV,
Inc
908
37,300
Fuji
Television
Network,
Inc
400
268,765
Future
plc
2,903
1,495,230
(a)
Gannett
Co,
Inc
3,663
3,070
G-bits
Network
Technology
Xiamen
Co
Ltd
154
78,400
Giant
Network
Group
Co
Ltd
139
70,500
Gray
Television,
Inc
488
51,750
Gree,
Inc
206
43,880
(a),(b)
Grindr,
Inc
252
1,941,129
(b)
Grupo
Televisa
S.A.
1,180
CREF
Stock
Account
September
30,
2023
96
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
6,112,450
(b)
Grupo
Televisa
SAB
(ADR)
$
18,643
220,443
(a)
GungHo
Online
Entertainment,
Inc
3,480
190,500
(b)
Hakuhodo
DY
Holdings,
Inc
1,565
134,900
Hello
Group,
Inc
(ADR)
942
67,853
Hemnet
Group
AB
1,198
5,907,101
(a),(f)
HUYA,
Inc
(ADR)
16,776
16,066
(a)
HYBE
Co
Ltd
2,828
56,976
(a)
IAC,
Inc
2,871
452,006
(a),(f)
iClick
Interactive
Asia
Group
Ltd
(ADR)
877
6,777,840
(a),(b),(c)
iDreamSky
Technology
Holdings
Ltd
2,642
718,000
IGG,
Inc
295
58,573
Info
Edge
India
Ltd
2,929
18,553
Infocom
Corp
341
1,624,778
Informa
plc
14,837
15,155
Innocean
Worldwide,
Inc
495
643,170
(a)
Integral
Ad
Science
Holding
Corp
7,647
236,000
International
Games
System
Co
Ltd
4,775
176,008
Interpublic
Group
of
Cos,
Inc
5,044
33,631
IPSOS
1,545
1,290,306
(a)
iQIYI,
Inc
(ADR)
6,116
3,018,097
ITV
plc
2,593
55,373
(a)
JC
Decaux
S.A.
937
167,000
Jiangsu
Phoenix
Publishing
&
Media
Corp
Ltd
240
19,316
JOYY,
Inc
(ADR)
736
23,699
(a)
Just
Dial
Ltd
208
919,433
(a),(b)
Juventus
Football
Club
S.p.A
292
24,615
JYP
Entertainment
Corp
2,044
77,324
Kadokawa
Corp
1,547
1,676,821
(a),(b)
Kahoot!
ASA
5,416
114,800
Kakaku.com,
Inc
1,163
129,208
Kakao
Corp
4,217
24,683
(a)
Kakao
Games
Corp
465
187,500
(a)
Kanzhun
Ltd
(ADR)
2,844
10,177
(b)
Kinepolis
Group
NV
506
139,372
Kingnet
Network
Co
Ltd
240
842,910
Kingsoft
Corp
Ltd
3,037
99,240
Koei
Tecmo
Holdings
Co
Ltd
1,410
79,100
Konami
Corp
4,171
24,160
(a),(c)
Krafton,
Inc
2,697
1,723,000
(a),(c)
Kuaishou
Technology
13,708
36,400
Kunlun
Tech
Co
Ltd
191
13,386
(a)
Liberty
Broadband
Corp
1,222
1,766
(a)
Liberty
Broadband
Corp
(Class
A)
161
34,377
(a)
Liberty
Global
plc
(Class
A)
589
198,559
(a)
Liberty
Media
Corp-Liberty
Formula
One
12,370
18,383
(a)
Liberty
Media
Corp-Liberty
Formula
One
1,039
253,166
(a)
Liberty
Media
Corp-Liberty
SiriusXM
6,446
58,561
(a)
Liberty
Media
Corp-Liberty
SiriusXM
1,490
62,238
(a)
LIBERTY
MEDIA
CORP-LIBERTY-C
1,998
193,890
(a),(b)
Lions
Gate
Entertainment
Corp
(Class
A)
1,644
31,120
(a)
Live
Nation,
Inc
2,584
19,785
M6-Metropole
Television
250
14,338
Madison
Square
Garden
Sports
Corp
2,528
1,219,378
(a)
Magnite,
Inc
9,194
486,900
Major
Cineplex
Group
PCL
(Foreign)
187
93,922
Mango
Excellent
Media
Co
Ltd
365
273,400
(a),(b),(c)
Maoyan
Entertainment
405
2,507,548
(a)
Match
Group,
Inc
98,233
7,194,900
Media
Nusantara
Citra
Tbk
PT
226
246,500
(b)
Megacable
Holdings
SAB
de
C.V.
543
2,131,500
(b),(c)
Meitu,
Inc
945
4,327,388
(a)
Meta
Platforms,
Inc
1,299,125
97
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
333,502
(b)
MFE-MediaForEurope
NV
$
209
869,952
MFE-MediaForEurope
NV
368
34,590
(b)
Mixi
Inc
548
474,000
(a),(b),(c)
Mobvista,
Inc
191
70,656
(a)
Modern
Times
Group
MTG
AB
477
717,158
Moneysupermarket.com
Group
plc
2,123
214,280
MultiChoice
Group
838
112,203
Naver
Corp
16,776
26,530
(a)
Nazara
Technologies
Ltd
266
5,791
NCSoft
Corp
952
10,837
(a)
Neowiz
204
165,500
NetDragon
Websoft
Holdings
Ltd
305
2,589,630
NetEase,
Inc
51,925
294,159
(b)
NetEase,
Inc
(ADR)
29,463
473,187
(a)
NetFlix,
Inc
178,675
7,341
(c)
Netmarble
Corp
229
206,936
(a)
Network18
Media
&
Investments
Ltd
159
123,980
New
York
Times
Co
(Class
A)
5,108
292,967
News
Corp
(Class
A)
5,877
89,627
News
Corp
(Class
B)
1,871
953,100
Nexon
Co
Ltd
17,031
21,265
(a)
Nexon
Games
Co
Ltd
239
26,406
Nexstar
Media
Group,
Inc
3,786
76,089
Next
15
Group
plc
595
420,330
(a),(b)
Nextdoor
Holdings,
Inc
765
10,648
(a)
NHN
Corp
179
1,226,677
(b)
Nine
Entertainment
Co
Holdings
Ltd
1,606
2,782,490
Nintendo
Co
Ltd
115,621
42,300
Nippon
Television
Holdings,
Inc
428
267,740
Omnicom
Group,
Inc
19,941
923,800
One
Enterprise
Public
Co
Ltd
105
429,950
oOh!media
Ltd
389
144,300
Oriental
Pearl
Group
Co
Ltd
147
31,026
Paradox
Interactive
AB
652
7,038
Paramount
Global
(Class
A)
111
27,856
(b)
Paramount
Global
(Class
B)
359
14,065
(a)
Pearl
Abyss
Corp
485
700,801
Pearson
plc
7,394
73,400
People.cn
Co
Ltd
385
73,434
Perfect
World
Co
Ltd
133
38,719
(a)
Perion
Network
Ltd
1,191
508,689
(a)
Pinterest,
Inc
13,750
1,584,400
Plan
B
Media
Pcl
354
18,096
(a)
Playtika
Holding
Corp
174
137,548
(b)
ProSiebenSat.
Media
AG.
929
305,550
Publicis
Groupe
S.A.
23,128
58,139
(a)
PVR
Ltd
1,200
139,999
Quebecor,
Inc
3,000
42,946
REA
Group
Ltd
4,241
240,247
RELX
plc
8,121
689,159
Rightmove
plc
4,703
583,692
(a)
ROBLOX
Corp
16,904
110,428
(a)
Roku,
Inc
7,795
531,960
RS
PCL
213
320,278
(a)
S4
Capital
plc
263
64,820
Saregama
India
Ltd
282
27,546
(a)
Saudi
Research
&
Media
Group
1,208
61,671
Schibsted
ASA
1,384
81,526
Schibsted
ASA
(B
Shares)
1,693
157,933
(c)
Scout24
SE
10,951
2,748,787
(a)
Sea
Ltd
(ADR)
120,809
277,393
Seek
Ltd
3,919
CREF
Stock
Account
September
30,
2023
98
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
61,300
(a)
Septeni
Holdings
Co
Ltd
$
170
336,451
SES
S.A.
2,199
7,601
(b)
Shochiku
Co
Ltd
523
484,900
Sky
Perfect
Jsat
Corp
2,267
8,952
SM
Entertainment
Co
Ltd
851
617,600
(a),(b),(d)
SMI
Holdings
Group
Ltd
1
39,051
(b)
Societe
Television
Francaise
1
299
31,000
Soft-World
International
Corp
93
17,800
(a)
Sohu.com
Ltd
(ADR)
168
169,836
(a)
Spotify
Technology
S.A.
26,263
101,500
Square
Enix
Co
Ltd
3,478
2,194,581
(a)
Stillfront
Group
AB
3,204
28,715
Stroeer
SE
&
Co
KGaA
1,277
8,878
(a)
Studio
Dragon
Corp
339
75,084
Sun
TV
Network
Ltd
553
20,124,700
Surya
Citra
Media
Tbk
PT
205
102,615
(a),(b)
Taboola.com
Ltd
389
173,228
(a)
Take-Two
Interactive
Software,
Inc
24,319
97,105
(a)
Team17
Group
plc
314
10,363,225
Tencent
Holdings
Ltd
401,719
317,697
(a)
Tencent
Music
Entertainment
Group
(ADR)
2,027
33,214
(a),(b)
TKO
Group
Holdings,
Inc
2,792
7,000
(b)
Toei
Animation
Co
Ltd
618
4,384
Toei
Co
Ltd
550
91,800
Toho
Co
Ltd
3,132
27,300
Tokyo
Broadcasting
System,
Inc
459
242,800
(a)
Tongdao
Liepin
Group
215
61,403
(a),(b)
Tremor
International
Ltd
108
320,286
(a)
TripAdvisor,
Inc
5,310
155,070
(a),(c)
Trustpilot
Group
plc
194
15,151
TV
Asahi
Corp
171
480,108
(a)
TV18
Broadcast
Ltd
252
2,450
TX
Group
AG.
248
187,856
(a),(b)
Ubisoft
Entertainment
6,088
894,984
(b)
Universal
Music
Group
NV
23,356
10,958
ValueCommerce
Co
Ltd
93
32,335
Vector,
Inc
269
4,280,800
VGI
PCL
277
1,477,600
(a)
Vimeo,
Inc
5,231
739,423
Vivendi
Universal
S.A.
6,476
2,865,700
(a)
Walt
Disney
Co
232,265
156,500
(a)
Wanda
Film
Holding
Co
Ltd
290
2,854,554
(a)
Warner
Bros
Discovery,
Inc
31,000
38,032
Webzen,
Inc
376
812,967
Weibo
Corp
(ADR)
10,195
15,227
(b)
Wemade
Co
Ltd
416
1,061,741
(a)
West
Australian
Newspapers
Holdings
Ltd
214
1,253,234
WPP
plc
11,165
70,884
(a)
Wysiwyg
Studios
Co
Ltd
136
240,000
(a)
XD,
Inc
432
371,580
(a)
Yelp,
Inc
15,454
12,035
YG
Entertainment,
Inc
561
88,634
YouGov
plc
811
2,180,400
Z
Holdings
Corp
6,049
725,575
ZEE
Telefilms
Ltd
2,305
130,000
Zengame
Technology
Holding
Ltd
48
19,150
Zenrin
Co
Ltd
117
537,213
(a)
Zhejiang
Century
Huatong
Group
Co
Ltd
355
114,200
(a)
Zhihu,
Inc
236
172,690
(a)
Ziff
Davis,
Inc
10,999
34,000
(a)
ZIGExN
Co
Ltd
119
99
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
353,719
(a)
ZoomInfo
Technologies,
Inc
$
5,801
TOTAL
MEDIA
&
ENTERTAINMENT
6,229,701
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
7.3%
9,508
(a)
10X
Genomics,
Inc
392
782,651
(c)
3SBio,
Inc
654
85,300
(a)
89bio,
Inc
1,317
33,648
Aarti
Drugs
Ltd
219
3,262,726
AbbVie,
Inc
486,342
15,952
(a),(b)
Abivax
S.A.
253
28,409
(a)
ABLBio,
Inc
398
123,470
(a)
Acadia
Pharmaceuticals,
Inc
2,573
74,914
Adcock
Ingram
Holdings
Ltd
226
213,379
AddLife
AB
1,259
266,000
Adimmune
Corp
281
3,789,445
(a)
ADMA
Biologics,
Inc
13,566
16,998
(a)
Aether
Industries
Ltd
198
261,855
Agilent
Technologies,
Inc
29,281
39,343
Ajanta
Pharma
Ltd
853
212,000
(a),(c)
Akeso,
Inc
971
39,863
Alembic
Pharmaceuticals
Ltd
376
105,096
(a)
ALK-Abello
A.S.
1,179
567,398
(a)
Alkermes
plc
15,893
57,595
(b)
Almirall
S.A.
586
210,618
(a)
Alnylam
Pharmaceuticals,
Inc
37,300
328,000
(a),(b),(c)
Alphamab
Oncology
358
29,797
(a)
Alteogen,
Inc
1,507
1,998,335
(a),(b)
Altimmune,
Inc
5,196
529,393
Amgen,
Inc
142,280
7,380
AMI
Organics
Ltd
110
1,543,410
(a)
Amneal
Pharmaceuticals,
Inc
6,513
37,350
(a)
Amphastar
Pharmaceuticals,
Inc
1,718
493,840
(a),(b)
Amylyx
Pharmaceuticals,
Inc
9,042
118,630
(a)
ANI
Pharmaceuticals,
Inc
6,888
94,171
(a)
Anika
Therapeutics,
Inc
1,754
76,510
(a)
Apellis
Pharmaceuticals,
Inc
2,910
27,971
Apeloa
Pharmaceutical
Co
Ltd
69
549,190
(a)
Ardelyx,
Inc
2,241
102,297
(a)
Argenx
SE
49,815
53,148
(a)
Argenx
SE
25,980
179,900
(a),(b),(c)
Ascentage
Pharma
Group
International
478
336,315
(b)
Aspen
Pharmacare
Holdings
Ltd
3,052
1,234,420
Astellas
Pharma,
Inc
17,086
13,689
AstraZeneca
Pharma
India
Ltd
742
2,694,681
AstraZeneca
plc
363,470
1,412,292
AstraZeneca
plc
(ADR)
95,640
6,562
Asymchem
Laboratories
Tianjin
Co
Ltd
137
1,046,431
(a),(b)
Aurinia
Pharmaceuticals,
Inc
8,131
114,496
Aurobindo
Pharma
Ltd
1,258
74,425
(a)
Avantor,
Inc
1,569
50,100
(a),(b)
Axsome
Therapeutics,
Inc
3,501
36,558
(b)
Bachem
Holding
AG.
2,696
9,123
(a)
Basilea
Pharmaceutica
408
227,016
(a)
Bausch
Health
Cos,
Inc
1,872
64,431
(a)
Bavarian
Nordic
AS
1,442
2,224,638
Bayer
AG.
106,837
291,800
(a)
BeiGene
Ltd
4,026
45,200
(a),(b)
BeiGene
Ltd
(ADR)
8,130
43,400
Beijing
Tiantan
Biological
Products
Corp
Ltd
152
519,000
Beijing
Tong
Ren
Tang
Chinese
Medicine
Co
Ltd
855
34,400
Beijing
Tongrentang
Co
Ltd
258
13,958
Beijing
Wantai
Biological
Pharmacy
Enterprise
Co
Ltd
92
CREF
Stock
Account
September
30,
2023
100
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
11,061
Betta
Pharmaceuticals
Co
Ltd
$
87
10,420
BGI
Genomics
Co
Ltd
74
30,598
(a),(b),(c)
BioArctic
AB
791
319,816
Biocon
Ltd
1,047
1,131,980
(a),(b)
BioCryst
Pharmaceuticals,
Inc
8,014
174,540
BioGaia
AB
1,609
110,943
(a)
Biogen,
Inc
28,513
219,641
(a)
BioMarin
Pharmaceutical,
Inc
19,434
19,462
(a)
Bioneer
Corp
504
29,165
(a)
Bio-Rad
Laboratories,
Inc
(Class
A)
10,454
58,821
Biotage
AB
578
118,985
Bio-Techne
Corp
8,099
211,750
Blau
Farmaceutica
S.A.
674
9,649
Bloomage
Biotechnology
Corp
Ltd
115
5,035
(b)
Boiron
S.A.
285
52,520
(a),(c)
BoneSupport
Holding
AB
611
46,564
Bora
Pharmaceuticals
Co
Ltd
926
22,082
Boryung
165
369,500
(a)
Brii
Biosciences
Ltd
118
2,205,391
Bristol-Myers
Squibb
Co
128,001
49,387
(a)
Brooks
Automation,
Inc
2,479
126,416
Bruker
BioSciences
Corp
7,876
46,829
Bukwang
Pharmaceutical
Co
Ltd
215
34,686
(a),(b)
Calliditas
Therapeutics
AB
310
22,697
(a)
Camurus
AB
644
66,914
Caplin
Point
Laboratories
Ltd
830
9,443
Caregen
Co
Ltd
271
263,000
(a),(b),(c)
CARsgen
Therapeutics
Holdings
Ltd
279
356,452
(a)
Catalent,
Inc
16,229
28,469
(a),(d)
Cellivery
Therapeutics,
Inc
0^
8,191
(a)
Celltrion
Pharm
Inc
405
93,094
Celltrion,
Inc
9,606
470,385
Center
Laboratories,
Inc
669
10,014
Changchun
High
&
New
Technology
Industry
Group,
Inc
191
24,968
(a)
Charles
River
Laboratories
International,
Inc
4,893
13,057
(a)
Chemometec
A.S.
619
564,660
China
Medical
System
Holdings
Ltd
852
701,500
(c)
China
Resources
Pharmaceutical
Group
Ltd
465
28,320
China
Resources
Sanjiu
Medical
&
Pharmaceutical
Co
Ltd
194
984,000
China
Shineway
Pharmaceutical
Group
Ltd
982
389
(a),(d)
Chinook
Therapeutics,
Inc
0^
5,132
Chong
Kun
Dang
Pharmaceutical
Corp
357
40,200
(a)
Chongqing
Taiji
Industry
Group
Co
Ltd
257
56,970
Chongqing
Zhifei
Biological
Products
Co
Ltd
380
642,800
Chugai
Pharmaceutical
Co
Ltd
19,820
371,977
Cipla
Ltd
5,305
2,592,000
(b)
CK
Life
Sciences
International
Holdings,
Inc
231
31,807
Clinuvel
Pharmaceuticals
Ltd
300
856,174
(a)
Codexis,
Inc
1,618
288,000
Consun
Pharmaceutical
Group
Ltd
187
40,090
(a)
Corcept
Therapeutics,
Inc
1,092
8,187
(b)
COSMO
Pharmaceuticals
NV
357
158,025
(a)
Crinetics
Pharmaceuticals,
Inc
4,700
189,422
(a),(b)
Cronos
Group,
Inc
378
390,890
CSL
Ltd
62,974
40,714,054
CSPC
Pharmaceutical
Group
Ltd
29,776
516,500
(a),(b),(c)
CStone
Pharmaceuticals
122
45,210
(a)
Cue
Biopharma,
Inc
104
83,219
(a)
CureVac
NV
546
78,252
(a)
Cytokinetics,
Inc
2,305
100,745
Daewoong
Co
Ltd
1,168
3,152
Daewoong
Pharmaceutical
Co
Ltd
263
101
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
4,537,600
Daiichi
Sankyo
Co
Ltd
$
124,227
1,050,656
Danaher
Corp
260,668
532,604
Dechra
Pharmaceuticals
plc
24,564
615,438
(a)
Deciphera
Pharmaceuticals,
Inc
7,828
15,696
Dermapharm
Holding
SE
647
50,684
Divi's
Laboratories
Ltd
2,293
3,064
Dong-A
Socio
Holdings
Co
Ltd
229
5,219
Dong-A
ST
Co
Ltd
232
324,871
Dong-E-E-Jiao
Co
Ltd
2,187
13,689
DongKook
Pharmaceutical
Co
Ltd
151
173,225
Dr
Reddy's
Laboratories
Ltd
11,625
822,430
(a)
Dynavax
Technologies
Corp
12,147
110,660
(a)
Eagle
Pharmaceuticals,
Inc
1,745
139,000
(a)
EirGenix,
Inc
419
322,900
Eisai
Co
Ltd
17,896
660,011
(a)
Elanco
Animal
Health,
Inc
7,418
1,331,595
Eli
Lilly
&
Co
715,240
579,780
(a),(b)
Erasca,
Inc
1,142
37,411
(a)
Ergomed
plc
613
34,908
(a),(c)
Eris
Lifesciences
Ltd
368
40,550
(a)
Euroapi
S.A.
511
147,473
(b)
Eurofins
Scientific
SE
8,311
44,501
Ever
Supreme
Bio
Technology
Co
Ltd
276
123,000
(a),(b),(c)
Everest
Medicines
Ltd
391
712,570
(a)
Evolus,
Inc
6,513
477,718
(a)
Evotec
SE
9,510
240,026
(a)
Exact
Sciences
Corp
16,375
963,693
(a)
Exelixis,
Inc
21,057
771,001
Faes
Farma
S.A.
(Sigma)
2,604
49,876
(a)
FDC
Ltd
230
7,284
(a)
Formycon
AG.
448
44,558
(a)
Fortrea
Holdings,
Inc
1,274
1,962
(a),(b)
Galapagos
NV
68
36,826
(a)
Galapagos
NV
1,267
7,624
GC
Cell
Corp
188
74,079
GEN
Ilac
VE
Saglik
Urunleri
Sanayi
VE
Ticaret
AS.
169
80,975
(a)
GeneOne
Life
Science,
Inc
212
59,680
(a),(b)
Generation
Bio
Co
226
27,627
(a)
Genexine,
Inc
181
15,687
(a)
Genmab
AS
5,554
681,800
(b)
Genomma
Lab
Internacional
SAB
de
C.V.
525
499,386
(a)
Genscript
Biotech
Corp
1,307
54,707
Genus
plc
1,395
293,893
Gerresheimer
AG.
30,794
3,681,120
Gilead
Sciences,
Inc
275,863
29,482
(a),(c)
Gland
Pharma
Ltd
594
34,158
GlaxoSmithKline
Pharmaceuticals
Ltd
636
6,016
Glenmark
Life
Sciences
Ltd
45
120,282
Glenmark
Pharmaceuticals
Ltd
1,237
40,701
(a),(b)
GNI
Group
Ltd
555
958,500
Grand
Pharmaceutical
Group
Ltd
513
105,799
Granules
India
Ltd
451
4,522
Green
Cross
Corp
363
15,822
Green
Cross
Holdings
Corp
163
719,560
Grifols
S.A.
9,320
3,001,305
GSK
plc
54,305
226,097
H
Lundbeck
A.S.
1,218
47,284
H
Lundbeck
A.S.
223
593,950
(a)
Halozyme
Therapeutics,
Inc
22,689
28,412
(a)
Hanall
Biopharma
Co
Ltd
686
7,521
Hangzhou
Tigermed
Consulting
Co
Ltd
-
A
69
3,021
Hanmi
Pharm
Co
Ltd
670
CREF
Stock
Account
September
30,
2023
102
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
16,712
Hanmi
Science
Co
Ltd
$
407
485,839
(c)
Hansoh
Pharmaceutical
Group
Co
Ltd
660
210,256
(a)
Harmony
Biosciences
Holdings,
Inc
6,890
39,992
Hikal
Ltd
142
314,725
Hikma
Pharmaceuticals
plc
7,992
41,800
Hisamitsu
Pharmaceutical
Co,
Inc
1,521
10,878
HK
inno
N
Corp
339
233,381
(a)
Horizon
Therapeutics
PLC
27,000
2,548,684
(a),(b),(d)
Hua
Han
Health
Industry
Holdings
Ltd
3
667,820
Hualan
Biological
Engineering,
Inc
2,033
31,100
Hubei
Jumpcan
Pharmaceutical
Co
Ltd
116
5,023
(a)
Hugel,
Inc
464
51,854
Humanwell
Healthcare
Group
Co
Ltd
172
2,246,500
(a)
HUTCHMED
China
Ltd
7,590
467,544
Hypera
S.A.
3,455
62,219
(a)
ICON
plc
15,321
174,780
(a)
Ideaya
Biosciences,
Inc
4,716
95,041
(a),(b)
Idorsia
Ltd
267
14,565
(a)
Il
Dong
Pharmaceutical
Co
Ltd
226
368,291
(a)
Illumina,
Inc
50,559
5,100
Imeik
Technology
Development
Co
Ltd
274
1,395,580
(a)
Immunogen,
Inc
22,148
299,985
(a)
Immunovant,
Inc
11,516
4,869,385
(a),(b)
Imugene
Ltd
143
93,011
(a)
Incyte
Corp
5,373
113,427
(a)
Indivior
plc
2,453
34,969
Indoco
Remedies
Ltd
143
1,263,073
(a),(c)
Innovent
Biologics,
Inc
6,135
170,320
(a)
Innoviva,
Inc
2,212
238,857
(a)
Intra-Cellular
Therapies,
Inc
12,442
15,906
(a)
Ionis
Pharmaceuticals,
Inc
721
114,682
Ipca
Laboratories
Ltd
1,292
1,872
Ipsen
245
110,787
(a)
IQVIA
Holdings,
Inc
21,797
723,327
(a)
Ironwood
Pharmaceuticals,
Inc
6,966
163,500
(a),(c)
Jacobio
Pharmaceuticals
Group
Co
Ltd
66
76,534
(a)
Jazz
Pharmaceuticals
plc
9,907
56,382
JB
Chemicals
&
Pharmaceuticals
Ltd
1,006
51,844
(b)
JCR
Pharmaceuticals
Co
Ltd
517
164,411
Jiangsu
Hengrui
Pharmaceuticals
Co
Ltd
1,016
62,300
Jiangsu
Nhwa
Pharmaceutical
Co
Ltd
226
68,500
(a),(c)
Jiangsu
Recbio
Technology
Co
Ltd
105
2,834,968
Johnson
&
Johnson
441,546
671,852
Joincare
Pharmaceutical
Group
Industry
Co
Ltd
1,142
63,434
Jubilant
Pharmova
Ltd
332
14,617
JW
Pharmaceutical
Corp
415
22,179
Kaken
Pharmaceutical
Co
Ltd
519
9,006,306
Kalbe
Farma
Tbk
PT
1,021
4,044
(a)
Kangmei
Pharmaceutical
Co
Ltd
1
51,417
(a)
Karuna
Therapeutics,
Inc
8,694
150,500
(a),(c)
Keymed
Biosciences,
Inc
954
153,480
(a)
Kiniksa
Pharmaceuticals
Ltd
2,666
21,500
Kissei
Pharmaceutical
Co
Ltd
487
81,441
(a),(b)
Knight
Therapeutics,
Inc
270
27,621
(a)
Komipharm
International
Co
Ltd
114
131,944
(a)
Krystal
Biotech,
Inc
15,305
60,300
(a)
Kura
Oncology,
Inc
550
32,281
Kyorin
Co
Ltd
395
59,400
Kyowa
Hakko
Kogyo
Co
Ltd
1,033
12,661
L&C
Bio
Co
Ltd
316
16,078
Laboratorios
Farmaceuticos
Rovi
S.A
870
289,294
(c)
Laurus
Labs
Ltd
1,376
103
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
73,240
(a)
Legend
Biotech
Corp
(ADR)
$
4,920
19,495
(a)
LegoChem
Biosciences,
Inc
535
469,000
(a),(b),(c)
Lepu
Biopharma
Co
Ltd
228
194,780
(a),(b)
Lexicon
Pharmaceuticals,
Inc
212
14,717
Livzon
Pharmaceutical
Group,
Inc
75
256,561
Lonza
Group
AG.
118,672
88,000
Lotus
Pharmaceutical
Co
Ltd
650
90,306
Lupin
Ltd
1,272
1,615,000
(a),(b),(c)
Luye
Pharma
Group
Ltd
722
330,299
(a)
MacroGenics,
Inc
1,539
12,983
(a)
Maravai
LifeSciences
Holdings,
Inc
130
123,332
Marksans
Pharma
Ltd
163
178,466
(a)
Medigen
Vaccine
Biologics
Corp
403
33,678
(a)
Medpace
Holdings,
Inc
8,154
10,925
(a)
MedPacto,
Inc
79
4,560
Medytox,
Inc
854
464,100
Mega
Lifesciences
PCL
566
4,998,851
Merck
&
Co,
Inc
514,632
335,257
Merck
KGaA
55,890
612,644
(a),(b)
Mesoblast
Ltd
151
14,340
(a)
Mettler-Toledo
International,
Inc
15,890
18,065
(a)
Mezzion
Pharma
Co
Ltd
557
35,053
(a)
Mirati
Therapeutics,
Inc
1,527
127,550
(a)
Mirum
Pharmaceuticals,
Inc
4,031
16,175
Mochida
Pharmaceutical
Co
Ltd
360
220,999
(a)
Moderna,
Inc
22,827
90,000
(a),(b)
MoonLake
Immunotherapeutics
5,130
27,757
(a)
Morphosys
AG.
755
200,607
(a)
Myriad
Genetics,
Inc
3,218
33,133
Nanjing
King-Friend
Biochemical
Pharmaceutical
Co
Ltd
58
147,900
(a),(b)
NanoString
Technologies,
Inc
254
67,023
Natco
Pharma
Ltd
704
731,306
(a)
Natera,
Inc
32,360
47,368
(a)
Naturecell
Co
Ltd
272
5,645
Neuland
Laboratories
Ltd
251
96,464
(a)
Neuren
Pharmaceuticals
Ltd
684
111,206
(a)
Neurocrine
Biosciences,
Inc
12,511
219,059
(a)
NGM
Biopharmaceuticals,
Inc
234
43,500
Nippon
Shinyaku
Co
Ltd
1,837
27,759
(a)
NKMax
Co
Ltd
272
2,858,363
Novartis
AG.
291,921
7,323,998
Novo
Nordisk
A.S.
666,859
675,040
Novo
Nordisk
A.S.
(ADR)
61,388
120,669
(a)
Nykode
Therapeutics
ASA
267
134,452
(a)
OBI
Pharma,
Inc
340
253,500
(a),(b),(c)
Ocumension
Therapeutics
246
3,120
(a),(d)
OmniAb
Operations,
Inc
0^
3,120
(a),(d)
OmniAb
Operations,
Inc
0^
241,203
Oneness
Biotech
Co
Ltd
1,306
85,400
Ono
Pharmaceutical
Co
Ltd
1,638
55,090
(a)
Organogenesis
Holdings,
Inc
175
128,868
Organon
&
Co
2,237
34,010
(a),(b)
ORIC
Pharmaceuticals,
Inc
206
5,344
Orion
Oyj
(Class
B)
210
25,864
(a)
Oscotec,
Inc
558
606,500
Otsuka
Holdings
Co
Ltd
21,534
49,100
(a)
Oxford
Biomedica
plc
183
448,848
(a)
Oxford
Nanopore
Technologies
plc
1,126
20,390
(a)
Paion
AG.
94
81,300
(a),(b)
PeptiDream,
Inc
875
14,095
PerkinElmer,
Inc
1,560
15,149
Perrigo
Co
plc
484
CREF
Stock
Account
September
30,
2023
104
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
3,783,272
Pfizer,
Inc
$
125,491
19,100
(b)
Pharma
Foods
International
Co
Ltd
194
11,994
Pharma
Mar
S.A.
407
76,000
PharmaEngine,
Inc
204
99,000
(a)
PharmaEssentia
Corp
1,031
69,951
(a),(d)
Pharmally
International
Holding
Co
Ltd
0^
5,216
PharmaResearch
Co
Ltd
488
24,225
Pharmaron
Beijing
Co
Ltd
-
A
103
53,769
(a)
Pharmicell
Co
Ltd
288
530,257
(a),(b)
Pharming
Group
NV
680
34,261
Phibro
Animal
Health
Corp
437
20,715,105
(a)
Piramal
Pharma
Ltd
25,457
319,589
(a)
Point
Biopharma
Global,
Inc
2,132
250,000
(a)
Polaris
Group
616
12,923
(a),(b),(c)
PolyPeptide
Group
AG.
235
92,360
(a)
Poseida
Therapeutics,
Inc
220
15,958
Procter
&
Gamble
Health
Ltd
983
96,566
(a),(b)
Prothena
Corp
plc
4,659
382,880
(a)
QIAGEN
NV
15,449
316,061
(a)
QIAGEN
NV
12,800
12,490
(a)
Quanterix
Corp
339
5,190
Recordati
S.p.A.
245
73,415
(a)
Regeneron
Pharmaceuticals,
Inc
60,418
206,957
(a),(b)
Repligen
Corp
32,908
51,984
Richter
Gedeon
Rt
1,258
1,589
(b)
Roche
Holding
AG.
467
776,700
Roche
Holding
AG.
212,040
539,218
(a)
Roivant
Sciences
Ltd
6,298
285,041
Royalty
Pharma
plc
7,736
12,432
(a)
Sam
Chun
Dang
Pharm
Co
Ltd
710
18,883
(a),(c)
Samsung
Biologics
Co
Ltd
9,532
38,624
(a)
SanBio
Co
Ltd
162
1,918,038
Sanofi
(ADR)
102,884
7,152
Sanofi
India
Ltd
620
2,882,934
Sanofi-Aventis
309,556
292,600
Santen
Pharmaceutical
Co
Ltd
2,685
214,499
(a)
Sarepta
Therapeutics,
Inc
26,002
28,631
(b)
Sartorius
AG.
9,697
1,373
Sartorius
Stedim
Biotech
327
46,649
Saudi
Pharmaceutical
Industries
&
Medical
Appliances
Corp
440
29,517
Sawai
Group
Holdings
Co
Ltd
903
177,500
(b),(c)
SciClone
Pharmaceuticals
Holdings
Ltd
226
209,000
ScinoPharm
Taiwan
Ltd
178
106,016
(a)
Seagen,
Inc
22,491
28,787
Seegene,
Inc
454
43,813
Shandong
Buchang
Pharmaceuticals
Co
Ltd
108
172,000
(b)
Shandong
Xinhua
Pharmaceutical
Co
Ltd
120
51,688
Shanghai
Fosun
Pharmaceutical
Group
Co
Ltd
-
A
203
222,929
(b)
Shanghai
Fosun
Pharmaceutical
Group
Co
Ltd
-
H
521
526,700
Shanghai
Haixin
Group
Co
160
16,100
(c)
Shanghai
Haohai
Biological
Technology
Co
Ltd
93
14,500
(a),(c)
Shanghai
Henlius
Biotech,
Inc
19
13,039
(a)
Shanghai
Junshi
Biosciences
Co
Ltd
69
1,482,737
Shanghai
RAAS
Blood
Products
Co
Ltd
1,417
16,168
Shenzhen
Kangtai
Biological
Products
Co
Ltd
65
24,525
Shenzhen
Salubris
Pharmaceuticals
Co
Ltd
100
38,307
Shijiazhuang
Yiling
Pharmaceutical
Co
Ltd
123
17,800
(b)
Shin
Nippon
Biomedical
Laboratories
Ltd
223
29,390
Shin
Poong
Pharmaceutical
Co
Ltd
336
57,500
Shionogi
&
Co
Ltd
2,565
359,998
Sichuan
Kelun
Pharmaceutical
Co
Ltd
1,438
3,782
Siegfried
Holding
AG.
3,230
105
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
5,703,600
(b)
Sihuan
Pharmaceutical
Holdings
Group
Ltd
$
443
54,297
(a)
SillaJen,
Inc
198
4,365,236
Sino
Biopharmaceutical
Ltd
1,571
12,229
(a)
SK
Biopharmaceuticals
Co
Ltd
781
11,211
(a)
SK
Bioscience
Co
Ltd
564
8,455
SKAN
Group
AG.
719
65,629
(a),(b),(d)
Sorrento
Therapeutics,
Inc
87
64,408
(a),(b)
Sosei
Group
Corp
643
11,447
(a)
Sotera
Health
Co
171
1,112,000
SSY
Group
Ltd
643
8,214
ST
Pharm
Co
Ltd
465
20,200
(a)
StemRIM,
Inc
106
44,598
Strides
Pharma
Science
Ltd
272
747,300
Sumitomo
Dainippon
Pharma
Co
Ltd
2,673
90,296
(a)
Sun
Pharma
Advanced
Research
Co
Ltd
253
1,120,086
Sun
Pharmaceutical
Industries
Ltd
15,592
54,420
(a)
Supernus
Pharmaceuticals,
Inc
1,500
87,992
(a)
Suven
Pharmaceuticals
Ltd
594
53,563
(b)
SwedenCare
AB
200
10,236
(a)
Swedish
Orphan
Biovitrum
AB
209
145,680
(c)
Syngene
International
Ltd
1,408
273,841
Synmosa
Biopharma
Corp
322
374,000
(a)
Taigen
Biopharmaceuticals
Holdings
Ltd
168
150,000
(a)
TaiMed
Biologics,
Inc
411
98,900
Taisho
Pharmaceutical
Holdings
Co
Ltd
4,071
256,983
Takara
Bio,
Inc
2,375
2,067,900
Takeda
Pharmaceutical
Co
Ltd
64,098
6,702
(a)
Taro
Pharmaceutical
Industries
Ltd
253
18,858
(a)
Tarsons
Products
Ltd
119
10,595
Tecan
Group
AG.
3,561
1,680,985
(a)
Telix
Pharmaceuticals
Ltd
12,267
55,600
(a)
Teva
Pharmaceutical
Industries
Ltd
(ADR)
567
372,141
Thermo
Fisher
Scientific,
Inc
188,367
1,206,000
Tong
Ren
Tang
Technologies
Co
Ltd
956
52,265
Torii
Pharmaceutical
Co
Ltd
1,352
139,839
Torrent
Pharmaceuticals
Ltd
3,245
21,413
Towa
Pharmaceutical
Co
Ltd
407
222,320
(a)
Travere
Therapeutics,
Inc
1,988
48,300
Tsumura
&
Co
897
165,000
TTY
Biopharm
Co
Ltd
395
506,377
UCB
S.A.
41,477
51,997
(a)
Ultragenyx
Pharmaceutical,
Inc
1,854
893,562
United
Laboratories
Ltd
903
175,073
(a)
United
Therapeutics
Corp
39,544
83,447
(a),(b)
Valneva
SE
487
11,137
(a)
Vaxcell-Bio
Therapeutics
Co
Ltd
228
152,162
(a)
Ventyx
Biosciences,
Inc
5,285
95,300
(a),(b)
Vera
Therapeutics,
Inc
1,307
472,080
(a)
Veracyte,
Inc
10,542
243,977
(a)
Vericel
Corp
8,178
199,489
(a)
Vertex
Pharmaceuticals,
Inc
69,370
603,658
Viatris,
Inc
5,952
3,312
(b)
Virbac
S.A.
893
206,412
(b)
Vitrolife
AB
2,765
855,500
(a),(c)
Viva
Biotech
Holdings
137
7,650
(a)
Voronoi,
Inc
302
32,728
Walvax
Biotechnology
Co
Ltd
106
24,537
(a)
Waters
Corp
6,728
56,735
West
Pharmaceutical
Services,
Inc
21,288
2,822,404
Winteam
Pharmaceutical
Group
Ltd
1,315
49,033
(a)
Wockhardt
Ltd
139
65,458
WuXi
AppTec
Co
Ltd
-
A
778
CREF
Stock
Account
September
30,
2023
106
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
604,437
(b),(c)
WuXi
AppTec
Co
Ltd
-
H
$
7,208
3,617,500
(a),(c)
Wuxi
Biologics
Cayman,
Inc
21,024
293,130
(a),(b)
Xeris
Biopharma
Holdings,
Inc
545
247,800
(a),(c)
YiChang
HEC
ChangJiang
Pharmaceutical
Co
Ltd
211
207,900
(a),(b)
Y-mAbs
Therapeutics,
Inc
1,133
22,130
Yuhan
Corp
1,242
55,137
(a)
Yungjin
Pharmaceutical
Co
Ltd
94
127,000
YungShin
Global
Holding
Corp
173
54,107
Yunnan
Baiyao
Group
Co
Ltd
396
825,500
(a),(b)
Zai
Lab
Ltd
2,020
80,000
(a),(b)
Zai
Lab
Ltd
(ADR)
1,945
250,752
(a)
Zealand
Pharma
AS
10,839
19,600
ZERIA
Pharmaceutical
Co
Ltd
291
15,501
Zhangzhou
Pientzehuang
Pharmaceutical
Co
Ltd
586
30,058
Zhejiang
Huahai
Pharmaceutical
Co
Ltd
70
9,200
Zhejiang
Jiuzhou
Pharmaceutical
Co
Ltd
37
89,099
Zhejiang
NHU
Co
Ltd
198
1,656,623
Zoetis,
Inc
288,219
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
7,996,631
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.4%
2,649
(c)
Aedas
Homes
SAU
45
86,600
Aeon
Mall
Co
Ltd
1,019
1
(a)
AFI
Properties
Ltd
0^
7,116
Africa
Israel
Residences
Ltd
370
1,412,000
(b)
Agile
Property
Holdings
Ltd
167
52,422
(a)
Airport
City
Ltd
805
28,636
Alandalus
Property
Co
168
3,350,529
Aldar
Properties
PJSC
5,255
364,941
Aliansce
Sonae
Shopping
Centers
sa
1,640
695,250
(a),(b),(c)
A-Living
Smart
City
Services
Co
Ltd
391
13,035
Allreal
Holding
AG.
2,076
127,170
Alony
Hetz
Properties
&
Investments
Ltd
872
36,165
Altus
Group
Ltd
1,252
634,500
Amata
Corp
PCL
424
193,353
Amot
Investments
Ltd
938
39,272
Anant
Raj
Industries
Ltd
103
1,982,000
AP
Thailand
PCL
641
923,117
(b)
Aroundtown
S.A.
1,915
69,199
Arriyadh
Development
Co
392
43,011
(b)
Atrium
Ljungberg
AB
700
100,807
Aura
Investments
Ltd
236
5,794,508
Ayala
Land,
Inc
3,011
2,106
Azrieli
Group
Ltd
108
10,549,900
Bangkok
Land
PCL
223
1,748,301
Barwa
Real
Estate
Co
1,240
9,792
(a)
Big
Shopping
Centers
Ltd
811
5,522
Blue
Square
Real
Estate
Ltd
316
0
(a)
Brack
Capital
Properties
NV
0^
94,276
Brigade
Enterprises
Ltd
644
6,855,000
(a)
Bumi
Serpong
Damai
Tbk
PT
452
674,000
C&D
International
Investment
Group
Ltd
1,634
466,000
(b)
C&D
Property
Management
Group
Co
Ltd
192
34,114
CA
Immobilien
Anlagen
AG.
1,130
942,198
Capitaland
India
Trust
722
2,408,944
Capitaland
Investment
Ltd
5,443
322,543
Castellum
AB
3,269
26,400
Catena
AB
916
490,000
Cathay
Real
Estate
Development
Co
Ltd
228
285,927
(a)
CBRE
Group,
Inc
21,119
392,000
Central
China
New
Life
Ltd
114
1,704,782
Central
Pattana
PCL
2,951
107
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,553,156
China
Jinmao
Holdings
Group
Ltd
$
200
445,227
China
Merchants
Shekou
Industrial
Zone
Holdings
Co
Ltd
758
1,134,000
China
Overseas
Grand
Oceans
Group
Ltd
471
2,894,786
China
Overseas
Land
&
Investment
Ltd
5,981
365,119
China
Overseas
Property
Holdings
Ltd
411
2,866,602
China
Resources
Land
Ltd
11,384
628,200
(c)
China
Resources
Mixc
Lifestyle
Services
Ltd
2,529
5,560,000
(b)
China
South
City
Holdings
Ltd
322
2,074,238
China
Vanke
Co
Ltd
2,282
551,219
China
Vanke
Co
Ltd
(Class
A)
993
547,000
(a)
Chinese
Estates
Holdings
Ltd
109
145,000
Chong
Hong
Construction
Co
Ltd
333
41,625
(b)
Cibus
Nordic
Real
Estate
AB
412
8,098,100
Ciputra
Development
Tbk
PT
534
789,307
City
Developments
Ltd
3,809
60,714
(b)
Citycon
Oyj
340
1,678,317
CK
Asset
Holdings
Ltd
8,816
33,710
(b)
Colliers
International
Group,
Inc
3,210
1,385,515
Commercial
Real
Estate
Co
KSC
443
436,100
(a)
Compass,
Inc
1,265
516,627
(b)
Corem
Property
Group
AB
285
682,400
(b)
Corp
Inmobiliaria
Vesta
SAB
de
C.V.
2,251
1,064,000
(a)
Cosmopolitan
International
Holdings
Ltd
148
11,042,898
(b)
Country
Garden
Holdings
Co
Ltd
1,273
1,940,400
(b)
Country
Garden
Services
Holdings
Co
Ltd
1,982
56,114
Daito
Trust
Construction
Co
Ltd
5,911
505,000
Daiwa
House
Industry
Co
Ltd
13,554
234,418
(a)
Dar
Al
Arkan
Real
Estate
Development
Co
986
310,000
Delpha
Construction
Co
Ltd
253
14,583
Deutsche
Euroshop
AG.
281
922,284
(a)
Deyaar
Development
PJSC
169
35,771
(b)
DIC
Asset
AG.
148
717,860
DigitalBridge
Group,
Inc
12,620
64,204
(b)
Dios
Fastigheter
AB
366
568,763
DLF
Ltd
3,627
183,300
Douglas
Elliman,
Inc
414
19,424
(b)
DREAM
Unlimited
Corp
263
17,877
Electra
Real
Estate
Ltd
172
308,269
(a)
Emaar
Economic
City
658
5,805,721
Emaar
Properties
PJSC
12,705
65,255
(c)
Entra
ASA
557
7,330,100
(c)
ESR
Group
Ltd
10,247
443,000
(b)
Excellence
Commercial
Property
&
Facilities
Management
Group
Ltd
114
155,500
(b)
eXp
World
Holdings,
Inc
2,525
223,234
(b)
Fabege
AB
1,778
1,753,995
Far
East
Consortium
360
222,000
Farglory
Land
Development
Co
Ltd
398
826,752
(a)
Fastighets
AB
Balder
3,706
36,480
FirstService
Corp
5,306
152,870
(a)
Forestar
Group,
Inc
4,118
654,229
(a)
Fortress
REIT
Ltd
210
1,069,747
(a)
Fortress
REIT
Ltd
(Class
A)
727
0
Gav-Yam
Lands
Corp
Ltd
0^
64,827
Gazit
Globe
Ltd
199
316,164
Gemdale
Corp
297
6,236,000
(b)
Gemdale
Properties
&
Investment
Corp
Ltd
258
106,458
(a)
Godrej
Properties
Ltd
1,987
7,880
(b)
Goldcrest
Co
Ltd
117
577,561
Grainger
plc
1,646
80,551
Grand
City
Properties
S.A.
760
230,500
Greenland
Holdings
Corp
Ltd
87
946,322
Greentown
China
Holdings
Ltd
979
CREF
Stock
Account
September
30,
2023
108
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
724,000
(b)
Greentown
Service
Group
Co
Ltd
$
324
1,609,600
(b)
Guangzhou
R&F
Properties
Co
Ltd
257
694,400
(a)
Hainan
Airport
Infrastructure
Co
Ltd
380
637,442
Hang
Lung
Group
Ltd
897
2,826,318
Hang
Lung
Properties
Ltd
3,867
213,200
Hangzhou
Binjiang
Real
Estate
Group
Co
Ltd
281
16,315,400
(a),(d)
Hanson
International
Tbk
PT
0^
24,822
Heiwa
Real
Estate
Co
Ltd
660
368,201
Heliopolis
Housing
134
1,332,899
Henderson
Land
Development
Co
Ltd
3,500
1,080,271
Highwealth
Construction
Corp
1,321
280,100
Hong
Fok
Corp
Ltd
185
1,104,245
Hongkong
Land
Holdings
Ltd
3,938
1,002,041
Hopson
Development
Holdings
Ltd
603
178,000
Huaku
Development
Co
Ltd
495
88,186
Hufvudstaden
AB
(Series
A)
974
929,200
Hulic
Co
Ltd
8,332
509,696
Hysan
Development
Co
Ltd
987
181,125
Ichigo
Holdings
Co
Ltd
395
204,800
Iguatemi
S.A.
825
5,630
(b)
Immobel
S.A.
174
23,975
(a)
IMMOFINANZ
AG.
466
411,512
(a)
Indiabulls
Real
Estate
Ltd
411
847
Intershop
Holding
AG.
560
1,332,500
IOI
Properties
Group
Bhd
470
128,855
Israel
Canada
T.R
Ltd
323
1,424
Isras
Investment
Co
Ltd
266
608,839
(a)
IWG
plc
1,051
290,300
JHSF
Participacoes
S.A.
275
1,596,750
(a),(d)
Jiangsu
Future
Land
Co
Ltd
16
87,400
(b)
Jinke
Smart
Services
Group
Co
Ltd
110
26,377
(a)
Jones
Lang
LaSalle,
Inc
3,724
1,057,329
K
Wah
International
Holdings
Ltd
297
2,357,000
Kaisa
Group
Holdings
Ltd
66
41,152
Katitas
Co
Ltd
599
559,948
KE
Holdings,
Inc
(ADR)
8,690
20,900
Keihanshin
Building
Co
Ltd
192
453,000
Kerry
Properties
Ltd
768
269,000
Kindom
Development
Co
Ltd
276
104,055
Kojamo
Oyj
922
1,499,000
(b)
KWG
Property
Holding
Ltd
173
45,169
(a)
Lamda
Development
S.A.
292
7,229,877
Land
and
Houses
PCL
1,546
8,081
LEG
Immobilien
SE
556
578,934
Lend
Lease
Corp
Ltd
2,655
135,443
(a)
Leopalace21
Corp
297
75,959
(b)
Lifestyle
Communities
Ltd
784
35,003,300
(a)
Lippo
Karawaci
Tbk
PT
213
41,100
LOG
Commercial
Properties
e
Participacoes
S.A.
166
1,697,093
(c)
Longfor
Group
Holdings
Ltd
3,034
560,000
(a),(b)
LVGEM
China
Real
Estate
Investment
Co
Ltd
89
579,299
Mabanee
Co
SAK
1,545
63,301
Mahindra
Lifespace
Developers
Ltd
418
35,779
(a),(b),(d)
Mapeley
Ltd
0^
790,500
Matrix
Concepts
Holdings
Bhd
251
833,100
MBK
PCL
407
17,336
(a)
Mega
Or
Holdings
Ltd
310
8,221,000
Megaworld
Corp
293
22,022
Melisron
Ltd
1,377
222,800
(b),(c)
Midea
Real
Estate
Holding
Ltd
174
1,077,218
Mitsubishi
Estate
Co
Ltd
14,053
767,233
Mitsui
Fudosan
Co
Ltd
16,898
109
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
544,575
Mivne
Real
Estate
KD
Ltd
$
1,311
5,815
Mobimo
Holding
AG.
1,558
3,367
(b)
Morguard
Corp
252
241,300
Multiplan
Empreendimentos
Imobiliarios
S.A.
1,179
1,119,155
(a)
National
Real
Estate
Co
KPSC
261
440,351
NEPI
Rockcastle
NV
2,421
21,640
NESCO
Ltd
179
1,388,688
New
World
Development
Co
Ltd
2,693
32,731
(b)
Nexity
483
93,300
Nomura
Real
Estate
Holdings,
Inc
2,342
18,947
NP3
Fastigheter
AB
273
125,667
(b)
Nyfosa
AB
674
104,086
Oberoi
Realty
Ltd
1,443
776,200
(a),(b)
Opendoor
Technologies,
Inc
2,049
735,700
Origin
Property
PCL
201
12,089,800
Pakuwon
Jati
Tbk
PT
342
75,722
Pandox
AB
804
520,883
Parque
Arauco
S.A.
749
41,309
Patrizia
Immobilien
AG.
327
111,729
(a)
PEXA
Group
Ltd
814
80,558
Phoenix
Mills
Ltd
1,760
50,802
(b)
Platzer
Fastigheter
Holding
AB
312
346,146
Plaza
S.A.
476
682,062
Poly
Developments
and
Holdings
Group
Co
Ltd
1,196
1,773,000
Poly
Property
Group
Co
Ltd
402
1,453,000
(b)
Powerlong
Real
Estate
Holdings
Ltd
173
4,327
Prashkovsky
Investments
and
Construction
Ltd
96
114,635
Prestige
Estates
Projects
Ltd
830
1,075,000
Prince
Housing
&
Development
Corp
356
1,316
(a)
Property
&
Building
Corp
Ltd
58
459,100
Pruksa
Holding
PCL
161
41,583
PSP
Swiss
Property
AG.
4,906
5,805,300
Quality
Houses
PCL
356
733,000
(b)
Radiance
Holdings
Group
Co
Ltd
284
1,040,000
(a),(b),(c),(d)
Redco
Properties
Group
Ltd
132
86,228
Relo
Group,
Inc
932
126,712
Retal
Urban
Development
Co
302
138,039
RMR
Group,
Inc
3,385
1,523,900
Robinsons
Land
Corp
408
1,343,755
Ruentex
Development
Co
Ltd
1,466
215,130
Sagax
AB
4,086
220,245
Sakura
Development
Co
Ltd
284
325,291
Salhia
Real
Estate
Co
KSCP
439
22,030
SAMTY
Co
Ltd
349
11,623,600
Sansiri
PCL
538
122,851
(a)
Saudi
Real
Estate
Co
447
116,236
Savills
plc
1,227
1,272,000
SC
Asset
Corp
PCL
136
656,000
(a),(b)
SCE
Intelligent
Commercial
Management
Holdings
Ltd
86
1,898,000
Seazen
Group
Ltd
345
148,223
Seazen
Holdings
Co
Ltd
272
293,192
Shanghai
Jinqiao
Export
Processing
Zone
Development
Co
Ltd
261
52,137
Shanghai
Lingang
Holdings
Corp
Ltd
81
2,584,000
Shenzhen
Investment
Ltd
413
1,155,000
(a),(b),(c)
Shimao
Services
Holdings
Ltd
194
2,284,000
Shoucheng
Holdings
Ltd
469
3,562,500
Shui
On
Land
Ltd
322
917,469
(a)
Shun
TAK
Holdings
Ltd
133
22,584
Shurgard
Self
Storage
Ltd
894
2,618,600
Sime
Darby
Property
Bhd
387
3,127,322
Sino
Land
Co
3,517
3,154,500
(b)
Sino-Ocean
Land
Holdings
Ltd
183
CREF
Stock
Account
September
30,
2023
110
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
236,000
Sinyi
Realty,
Inc
$
209
1,009,885
Sirius
Real
Estate
Ltd
1,059
3,212
SK
D&D
Co
Ltd
67
8,682,488
SM
Prime
Holdings
4,650
31,999
Sobha
Ltd
271
2,009,500
(a)
Soho
China
Ltd
236
1,318,200
SP
Setia
BHD
289
6,900
(a)
SRE
Holdings
Corp
136
21,600
Starts
Corp,
Inc
422
755,682
(b)
StorageVault
Canada,
Inc
2,515
243,105
Sumitomo
Realty
&
Development
Co
Ltd
6,311
8,935,800
Summarecon
Agung
Tbk
PT
332
30,868
Summit
Real
Estate
Holdings
Ltd
395
15,739
Sumou
Real
Estate
Co
200
18,780
Sun
Frontier
Fudousan
Co
Ltd
189
1,328,408
Sun
Hung
Kai
Properties
Ltd
14,174
1,022,000
(b),(c)
Sunac
Services
Holdings
Ltd
321
58,429
Sunteck
Realty
Ltd
317
1,044,600
Supalai
PCL
576
368,924
Swire
Pacific
Ltd
(Class
A)
2,485
995,926
Swire
Properties
Ltd
2,071
86,982
Swiss
Prime
Site
AG.
7,963
147,789
TAG
Tegernsee
Immobilien
und
Beteiligungs
AG.
1,544
816,010
Talaat
Moustafa
Group
363
23,830
(a)
Tejon
Ranch
Co
387
14,271
(a),(b)
TKP
Corp
249
243,193
Tokyo
Tatemono
Co
Ltd
3,362
516,600
Tokyu
Fudosan
Holdings
Corp
3,174
20,443
Tosei
Corp
264
220,914
(b)
Tricon
Residential,
Inc
1,633
1,414,986
United
Development
Co
QSC
420
391,209
UOL
Group
Ltd
1,830
11,437
(b)
VGP
NV
1,061
3,254
VIB
Vermoegen
AG.
45
404,426
Vonovia
SE
9,689
294,053
(b)
Wallenstam
AB
982
6,704,900
WHA
Corp
PCL
965
1,502,756
Wharf
Real
Estate
Investment
Co
Ltd
5,792
231,239
Wihlborgs
Fastigheter
AB
1,612
580,642
Yanlord
Land
Group
Ltd
280
6,217
YH
Dimri
Construction
&
Development
Ltd
405
155,400
Youngor
Group
Co
Ltd
152
1,548,652
Yuexiu
Property
Co
Ltd
1,780
455,000
Yuexiu
Services
Group
Ltd
171
213,300
Zhejiang
China
Commodities
City
Group
Co
Ltd
264
2,440,000
(a),(b)
Zhuguang
Holdings
Group
Co
Ltd
237
139,192
(a)
Zillow
Group,
Inc
(Class
A)
6,234
117,502
(a)
Zillow
Group,
Inc
(Class
C)
5,424
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
443,434
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
6.2%
4,866
3peak,
Inc
122
199,630
(a)
ACM
Research,
Inc
3,614
217,080
ADATA
Technology
Co
Ltd
569
854,809
(a)
Advanced
Micro
Devices,
Inc
87,891
32,025
Advanced
Micro-Fabrication
Equipment,
Inc
China
663
115,000
Advanced
Wireless
Semiconductor
Co
383
227,200
Advantest
Corp
6,337
204,100
AEM
Holdings
Ltd
511
424,753
Aixtron
AG.
15,558
88,000
Alchip
Technologies
Ltd
7,376
61,073
Alfa
Solar
Enerji
Sanayi
VE
Ticaret
AS.
324
111
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
192,542
(a)
Allegro
MicroSystems,
Inc
$
6,150
223,585
(a)
Alphawave
IP
Group
plc
311
69,613
Amazing
Microelectronic
Corp
232
195,474
Amkor
Technology,
Inc
4,418
21,749
(a)
Amlogic
Shanghai
Co
Ltd
188
241,246
(a)
ams-OSRAM
AG.
1,129
479,047
Analog
Devices,
Inc
83,876
32,000
Andes
Technology
Corp
393
77,000
AP
Memory
Technology
Corp
917
2,593,195
Applied
Materials,
Inc
359,028
2,163,000
Ardentec
Corp
4,200
2,360,925
ASE
Technology
Holding
Co
Ltd
8,059
51,291
ASM
International
NV
21,419
251,400
ASM
Pacific
Technology
2,240
23,000
ASMedia
Technology,
Inc
826
826,070
ASML
Holding
NV
486,349
25,000
ASPEED
Technology,
Inc
2,154
20,318
(a)
ASR
Microelectronics
Co
Ltd
175
62,200
(a)
Axcelis
Technologies,
Inc
10,142
145,661
BE
Semiconductor
Industries
NV
14,247
45,231
(a)
Borosil
Renewables
Ltd
233
1,257,163
Broadcom,
Inc
1,044,174
25,130
(a)
Cambricon
Technologies
Corp
Ltd
429
44,924
(a)
Camtek
Ltd
2,764
359,500
Chang
Wah
Technology
Co
Ltd
370
11,538
(a),(d)
China
Energy
Savings
Technology,
Inc
0^
72,241
China
Resources
Microelectronics
Ltd
537
885,000
Chipbond
Technology
Corp
1,872
765,000
ChipMOS
Technologies,
Inc
887
42,341
(a)
Cirrus
Logic,
Inc
3,132
30,790
(a)
Cohu,
Inc
1,060
138,100
(a)
Credo
Technology
Group
Holding
Ltd
2,106
429,500
D&O
Green
Technologies
Bhd
311
50,400
(a),(b)
Daqo
New
Energy
Corp
(ADR)
1,526
27,533
DB
HiTek
Co
Ltd
996
46,800
(a)
Diodes,
Inc
3,690
186,000
Disco
Corp
34,365
11,793
(a)
Dongwoon
Anatech
Co
Ltd
183
10,272
(a)
Duk
San
Neolux
Co
Ltd
326
230,000
Elan
Microelectronics
Corp
952
223,000
Elite
Semiconductor
Microelectronics
Technology,
Inc
537
30,699
Elmos
Semiconductor
SE
2,065
55,000
eMemory
Technology,
Inc
3,453
514,000
(a)
Ennostar,
Inc
700
101,414
(a)
Enphase
Energy,
Inc
12,185
113,188
Entegris,
Inc
10,629
7,981
Eo
Technics
Co
Ltd
827
194,595
Episil
Technologies,
Inc
437
85,860
Episil-Precision,
Inc
152
203,973
Etron
Technology,
Inc
254
12,098
Eugene
Technology
Co
Ltd
344
272,000
Everlight
Electronics
Co
Ltd
395
548,000
Faraday
Technology
Corp
5,213
39,333
Ferrotec
Holdings
Corp
750
81,108
(a)
First
Solar,
Inc
13,106
110,350
Fitipower
Integrated
Technology,
Inc
950
395,000
(b)
Flat
Glass
Group
Co
Ltd
884
83,700
Flat
Glass
Group
Co
Ltd
325
159,000
FocalTech
Systems
Co
Ltd
373
56,184
(a)
Formfactor,
Inc
1,963
890,000
Formosa
Advanced
Technologies
Co
Ltd
1,063
62,200
Formosa
Sumco
Technology
Corp
277
CREF
Stock
Account
September
30,
2023
112
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
50,000
Foxsemicon
Integrated
Technology,
Inc
$
288
49,999
GalaxyCore,
Inc
105
8,573,000
GCL
Technology
Holdings
Ltd
1,590
22,612
(a)
GemVax
&
Kael
Co
Ltd
204
39,506
GigaDevice
Semiconductor,
Inc
535
2,024
(a)
GigaVis
Co
Ltd
106
46,000
Global
Mixed
Mode
Technology,
Inc
373
77,000
Global
Unichip
Corp
3,279
60,128
(a),(b)
GLOBALFOUNDRIES,
Inc
3,499
138,988
Globalwafers
Co
Ltd
1,960
297,700
(a)
Greatech
Technology
Bhd
276
1,654,000
Greatek
Electronics,
Inc
2,840
50,000
Gudeng
Precision
Industrial
Co
Ltd
535
10,231
HAESUNG
DS
Co
Ltd
425
6,608
Hana
Materials,
Inc
243
33,346
Hana
Micron,
Inc
618
26,600
Hangzhou
Chang
Chuan
Technology
Co
Ltd
122
69,900
Hangzhou
First
Applied
Material
Co
Ltd
275
36,100
Hangzhou
Lion
Electronics
Co
Ltd
164
68,644
Hangzhou
Silan
Microelectronics
Co
Ltd
229
39,025
Hanmi
Semiconductor
Co
Ltd
1,519
3,807
HD
Hyundai
Energy
Solutions
Co
Ltd
74
127,000
Holtek
Semiconductor,
Inc
244
207,927
HPSP
Co
Ltd
4,634
255,531
(a),(c)
Hua
Hong
Semiconductor
Ltd
642
1,133,982
Hynix
Semiconductor,
Inc
96,008
389,826
(a)
Ichor
Holdings
Ltd
12,069
2,183,200
Inari
Amertron
Bhd
1,345
1,726,781
Infineon
Technologies
AG.
57,192
22,156
Ingenic
Semiconductor
Co
Ltd
225
12,942
Innox
Advanced
Materials
Co
Ltd
305
7,171
Intekplus
Co
Ltd
168
9,452,566
Intel
Corp
336,039
27,930
(a)
inTEST
Corp
424
43,335
ISC
Co
Ltd
2,531
99,000
ITE
Technology,
Inc
482
8,221
ITM
Semiconductor
Co
Ltd
132
178,817
JA
Solar
Technology
Co
Ltd
629
55,113
Japan
Material
Co
Ltd
844
68,097
Jentech
Precision
Industrial
Co
Ltd
1,317
19,800
Jiangsu
Pacific
Quartz
Co
Ltd
290
322,289
Jinko
Solar
Co
Ltd
448
35,600
(a),(b)
JinkoSolar
Holding
Co
Ltd
(ADR)
1,081
33,333
Jusung
Engineering
Co
Ltd
664
3,897,000
King
Yuan
Electronics
Co
Ltd
9,190
244,000
Kinsus
Interconnect
Technology
Corp
822
52,187
KLA
Corp
23,936
163,807
Koh
Young
Technology,
Inc
1,507
7,087
KoMiCo
Ltd
255
223,546
(b)
Kulicke
&
Soffa
Industries,
Inc
10,871
419,624
Lam
Research
Corp
263,008
65,000
LandMark
Optoelectronics
Corp
236
42,800
Lasertec
Corp
6,656
207,743
(a)
Lattice
Semiconductor
Corp
17,851
7,866
LEENO
Industrial,
Inc
895
10,804
(a)
Lithium
for
earth,
Inc
88
403,768
LONGi
Green
Energy
Technology
Co
Ltd
1,515
9,771
LX
Semicon
Co
Ltd
598
18,700
M31
Technology
Corp
466
1
(a)
MACOM
Technology
Solutions
Holdings,
Inc
0^
1,528,000
Macronix
International
1,498
67,800
Malaysian
Pacific
Industries
Bhd
395
113
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
261,000
Marketech
International
Corp
$
1,118
626,378
Marvell
Technology,
Inc
33,906
25,963
(a),(b)
Maxeon
Solar
Technologies
Ltd
301
153,919
(a)
MaxLinear,
Inc
3,425
5,296,520
MediaTek,
Inc
121,094
10,689
(a),(b)
Megachips
Corp
299
16,131
Melexis
NV
1,388
2,711,353
(a),(b)
Meyer
Burger
Technology
AG.
1,094
203,237
Microchip
Technology,
Inc
15,863
1,506,081
Micron
Technology,
Inc
102,459
30,700
Micronics
Japan
Co
Ltd
434
167,891
Mimasu
Semiconductor
Industry
Co
Ltd
3,114
16,606
Mitsui
High-Tec,
Inc
860
25,288
MKS
Instruments,
Inc
2,188
64,677
Monolithic
Power
Systems,
Inc
29,881
62,605
Montage
Technology
Co
Ltd
426
541,075
Nanya
Technology
Corp
1,103
68,815
(a)
National
Silicon
Industry
Group
Co
Ltd
187
28,114
NAURA
Technology
Group
Co
Ltd
930
671,220
(a),(b)
Navitas
Semiconductor
Corp
4,665
19,949
(a)
NEPES
Corp
248
85,424
NEXTIN,
Inc
3,955
141,440
(a)
Nordic
Semiconductor
ASA
1,454
73,614
(a)
Nova
Measuring
Instruments
Ltd
8,118
242,758
Novatek
Microelectronics
Corp
Ltd
3,188
177,000
Nuvoton
Technology
Corp
688
4,106,538
Nvidia
Corp
1,786,303
240,005
NXP
Semiconductors
NV
47,982
163,035
(a)
ON
Semiconductor
Corp
15,154
115,281
(a)
Onto
Innovation,
Inc
14,701
196,052
Optorun
Co
Ltd
2,405
301,000
Orient
Semiconductor
Electronics
Ltd
392
289,000
Pan
Jit
International,
Inc
574
30,000
Parade
Technologies
Ltd
918
110,400
(a)
PDF
Solutions,
Inc
3,577
130,000
Phison
Electronics
Corp
1,841
223,050
(a)
Photronics,
Inc
4,508
10,081
Piotech,
Inc
331
126,000
Pixart
Imaging,
Inc
473
2,508,000
Powerchip
Semiconductor
Manufacturing
Corp
2,068
584,000
Powertech
Technology,
Inc
1,838
2,592
Protec
Co
Ltd
84
16,595
PSK,
Inc
237
92,724
(a)
PVA
TePla
AG.
1,501
38,168
(a)
Qorvo,
Inc
3,644
573,718
QUALCOMM,
Inc
63,717
350,000
Radiant
Opto-Electronics
Corp
1,334
239,616
(a)
Rambus,
Inc
13,368
45,000
Raydium
Semiconductor
Corp
496
203,261
Realtek
Semiconductor
Corp
2,496
229,382
(a)
REC
Silicon
ASA
342
2,123,300
(a)
Renesas
Electronics
Corp
32,433
16,345
RFHIC
Corp
184
61,311
RichWave
Technology
Corp
275
66,000
Risen
Energy
Co
Ltd
173
17,800
Rockchip
Electronics
Co
Ltd
150
465,200
Rohm
Co
Ltd
8,745
9,307
Rorze
Corp
641
392,700
RS
Technologies
Co
Ltd
7,487
13,825
S&S
Tech
Corp
451
268,500
Sanan
Optoelectronics
Co
Ltd
568
19,513
Sanken
Electric
Co
Ltd
1,180
CREF
Stock
Account
September
30,
2023
114
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
67,938
(b)
SCREEN
Holdings
Co
Ltd
$
3,301
116,000
SDI
Corp
384
65,047
(a)
Semtech
Corp
1,675
32,687
Seoul
Semiconductor
Co
Ltd
255
59,406
(a)
SFA
Semicon
Co
Ltd
221
14,344
SG
Micro
Corp
153
94,920
Shanghai
Aiko
Solar
Energy
Co
Ltd
291
29,410
Shanghai
Fudan
Microelectronics
Group
Co
Ltd
193
18,721
Shenzhen
SC
New
Energy
Technology
Corp
195
8,400
(a)
Shibaura
Mechatronics
Corp
394
58,600
Shinko
Electric
Industries
2,274
119,613
(a)
Shinsung
Holdings
Co
Ltd
197
2,710,000
Sigurd
Microelectronics
Corp
4,825
2,897,512
Silergy
Corp
27,465
147,917
(a),(b)
Silex
Systems
Ltd
331
80,748
(a)
Silicon
Laboratories,
Inc
9,358
14,833
Siltronic
AG.
1,263
19,427
SIMMTECH
Co
Ltd
550
416,000
Sino-American
Silicon
Products,
Inc
2,029
95,000
Sitronix
Technology
Corp
821
81,986
(a)
SK
Square
Co
Ltd
2,574
102,750
(a),(b)
SkyWater
Technology,
Inc
619
61,248
Skyworks
Solutions,
Inc
6,038
13,010
(a)
SMA
Solar
Technology
AG.
841
421,102
(a)
SMART
Global
Holdings,
Inc
10,254
124,195
(a)
Smart
Gunes
Enerjisi
Teknolojileri
ArGE
Uretim
Sanayi
ve
Ticaret
AS.
373
37,100
Socionext,
Inc
3,656
21,917
(a)
SOITEC
3,637
5,700
StarPower
Semiconductor
Ltd
141
746,489
STMicroelectronics
NV
32,191
14,753
SUESS
MicroTec
SE
341
297,142
Sumco
Corp
3,867
402,000
Sunplus
Technology
Co
Ltd
362
179,000
Taiwan
Mask
Corp
375
204,000
Taiwan
Semiconductor
Co
Ltd
541
43,974,146
Taiwan
Semiconductor
Manufacturing
Co
Ltd
717,053
1,096,557
Taiwan
Semiconductor
Manufacturing
Co
Ltd
(ADR)
95,291
548,000
Taiwan
Surface
Mounting
Technology
Corp
1,564
270,000
Taiwan-Asia
Semiconductor
Corp
397
211,781
TCL
Zhonghuan
Renewable
Energy
Technology
Co
Ltd
678
233,129
(a),(b)
Technoprobe
S.p.A
1,832
58,927
Teradyne,
Inc
5,920
8,147
Tesna
Co
Ltd
266
1,113,361
Texas
Instruments,
Inc
177,035
248,161
Tianshui
Huatian
Technology
Co
Ltd
306
4,237
Tokai
Carbon
Korea
Co
Ltd
296
502,600
Tokyo
Electron
Ltd
68,651
32,100
Tokyo
Seimitsu
Co
Ltd
1,605
109,948
TongFu
Microelectronics
Co
Ltd
289
248,539
Tongwei
Co
Ltd
1,100
249,406
Topco
Scientific
Co
Ltd
1,311
92,261
(a)
Tower
Semiconductor
Ltd
(Tel
Aviv)
2,250
61,200
Tri
Chemical
Laboratories,
Inc
1,266
113,597
Trina
Solar
Co
Ltd
477
1,746,000
(a),(d)
Trony
Solar
Holdings
Co
Ltd
2
3,586
TSE
Co
Ltd
113
437,946
TSEC
Corp
385
5,592
(b)
u-blox
Holding
AG.
474
40,544
Ulvac,
Inc
1,461
2,384,400
UMS
Holdings
Ltd
2,261
46,068
Unigroup
Guoxin
Microelectronics
Co
Ltd
551
433,900
Unisem
M
Bhd
301
115
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
4,812,071
United
Microelectronics
Corp
$
6,757
1,224,000
United
Renewable
Energy
Co
Ltd/Taiwan
560
18,492
Universal
Display
Corp
2,903
34,000
UPI
Semiconductor
Corp
260
355,744
Vanguard
International
Semiconductor
Corp
752
368,006
(a)
Veeco
Instruments,
Inc
10,345
28,283
(a)
Verisilicon
Microelectronics
Shanghai
Co
Ltd
233
177,000
Via
Technologies,
Inc
654
88,000
VisEra
Technologies
Co
Ltd
567
141,000
Visual
Photonics
Epitaxy
Co
Ltd
648
504,800
ViTrox
Corp
Bhd
799
449,000
Wafer
Works
Corp
614
151,758
(a),(b)
Weebit
Nano
Ltd
308
60,084
Will
Semiconductor
Co
Ltd
769
270,000
Win
Semiconductors
Corp
1,082
1,223,389
Winbond
Electronics
Corp
962
17,000
WinWay
Technology
Co
Ltd
358
245,945
(a),(b)
Wolfspeed,
Inc
9,370
216,559
WONIK
IPS
Co
Ltd
5,125
12,602
Wonik
QnC
Corp
259
7,279
Wuxi
Autowell
Technology
Co
Ltd
143
50,385
(a),(c)
X-Fab
Silicon
Foundries
SE
519
4,455
(a),(c)
X-Fab
Silicon
Foundries
SE
46
81,263
Xinjiang
Daqo
New
Energy
Co
Ltd
450
118,000
XinTec,
Inc
431
2,031,214
Xinyi
Solar
Holdings
Ltd
1,510
7,400
Yangzhou
Yangjie
Electronic
Technology
Co
Ltd
35
58,606
Zhejiang
Jingsheng
Mechanical
&
Electrical
Co
Ltd
383
24,000
ZillTek
Technology
Corp
252
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
6,780,526
SOFTWARE
&
SERVICES
-
8.8%
83,400
(a),(b)
21Vianet
Group,
Inc
(ADR)
261
184,587
360
Security
Technology,
Inc
249
1,139,255
(b)
Accenture
plc
349,877
2,913
Adesso
SE
315
476,821
(a)
Adobe,
Inc
243,131
18,093
(a),(e)
AGMO
HOLDINGS
BHD
2
53,800
(a),(b)
Agora,
Inc
(ADR)
136
4,400
Ahnlab,
Inc
209
68,302
(a)
Akamai
Technologies,
Inc
7,277
12,462
Al
Moammar
Information
Systems
Co
471
51,890
(a)
Alarm.com
Holdings,
Inc
3,173
37,945
(a)
Alkami
Technology,
Inc
691
3,900
(b)
Alpha
Systems,
Inc
74
24,381
Alten
3,199
120,105
(a)
Alteryx,
Inc
4,527
503,530
Altium
Ltd
13,901
170,269
Amdocs
Ltd
14,386
65,540
(a)
Appfolio,
Inc
11,970
51,500
(a)
Appier
Group,
Inc
548
191,482
(a)
AppLovin
Corp
7,652
20,603
Arabian
Internet
&
Communications
Services
Co
1,758
30,700
Argo
Graphics,
Inc
681
286,210
(a)
Asana,
Inc
5,240
140,800
(c)
AsiaInfo
Technologies
Ltd
158
116,047
Asseco
Poland
S.A.
1,901
124,990
Atea
ASA
1,561
361,047
(a)
Atlassian
Corp
Ltd
72,755
92,465
(b)
Atos
Origin
S.A.
641
3,257
Atoss
Software
AG.
673
5,789
Aubay
237
CREF
Stock
Account
September
30,
2023
116
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
5,300
(a)
Base
Co
Ltd
$
153
1,638,300
(a)
BASE,
Inc
3,272
194,391
Bechtle
AG.
9,053
51,100
Beijing
E-Hualu
Information
Technology
Co
Ltd
242
24,645
Beijing
Kingsoft
Office
Software,
Inc
1,255
67,932
Beijing
Shiji
Information
Technology
Co
Ltd
106
152,866
Bentley
Systems,
Inc
7,668
77,741
(a)
BILL
Holdings,
Inc
8,440
148,460
Birlasoft
Ltd
860
22,098
(a),(b)
Bitdeer
Technologies
Group
213
21,545
(a)
Blackbaud,
Inc
1,515
465,116
(a)
BlackBerry
Ltd
2,202
1,484,937
(a),(b)
BrainChip
Holdings
Ltd
181
132,910
(a)
Braze,
Inc
6,211
74,426
(a)
Brightcove,
Inc
245
779,737
Bytes
Technology
Group
plc
4,745
54,560
(a)
Cadence
Design
Systems,
Inc
12,783
98,477
CANCOM
SE
2,621
582,537
Cap
Gemini
S.A.
101,649
12,116
cBrain
A.S.
342
155,089
(a)
CCC
Intelligent
Solutions
Holdings,
Inc
2,070
15,363
CE
Info
Systems
Ltd
368
40,664
(a),(b)
Cellebrite
DI
Ltd
311
53,235
(a)
Ceridian
HCM
Holding,
Inc
3,612
192,314
(a)
CGI,
Inc
18,956
36,500
(b)
Change
Holdings,
Inc
429
283,100
(a),(b)
Chatwork
Co
Ltd
1,544
118,449
(a)
Check
Point
Software
Technologies
15,787
14,276,000
(a)
China
Youzan
Ltd
208
2,314,000
Chinasoft
International
Ltd
1,642
110,300
(a),(b)
Chindata
Group
Holdings
Ltd
(ADR)
915
592,070
(a)
Cleanspark,
Inc
2,256
415,571
Clear
Secure,
Inc
7,912
214,644
(a)
Cloudflare,
Inc
13,531
34,252
Coforge
Ltd
2,097
185,042
Cognizant
Technology
Solutions
Corp
(Class
A)
12,535
396,711
(a)
Commvault
Systems,
Inc
26,822
65,121
Computacenter
plc
2,005
33,688
Comture
Corp
521
140,288
(a)
Confluent,
Inc
4,154
18,224
Constellation
Software,
Inc
37,623
1,546,410
(b)
Converge
Technology
Solutions
Corp
3,165
65,642
(a),(c)
Crayon
Group
Holding
ASA
405
262,365
(a)
Crowdstrike
Holdings,
Inc
43,915
110,051
(a)
CyberArk
Software
Ltd
18,023
23,700
Cybozu,
Inc
321
68,430
Cyient
Ltd
1,394
2,659,500
(a)
Dagang
NeXchange
Bhd
249
5,055,983
(a)
Darktrace
plc
24,737
731,735
Dassault
Systemes
SE
27,178
110,640
Data#3
Ltd
502
565,055
(a)
Datadog,
Inc
51,471
4,422
Datagroup
SE
212
7,949
(a)
Dear
U
Co
Ltd
253
148,086
(a)
Descartes
Systems
Group,
Inc
10,869
61,777
DHC
Software
Co
Ltd
55
105,800
Digital
Arts,
Inc
3,269
2,721,000
Digital
China
Holdings
Ltd
863
30,513
Digital
Garage,
Inc
701
3,750
(b)
Digital
Value
S.p.A
199
13,905
(a)
Docebo,
Inc
564
22,881
Dolby
Laboratories,
Inc
(Class
A)
1,814
117
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
508,210
(a)
Domo,
Inc
$
4,986
13,434
Douzone
Bizon
Co
Ltd
288
201,072
(a)
Dropbox,
Inc
5,475
31,000
DTS
Corp
661
173,155
(b)
Dye
&
Durham
Ltd
1,694
305,264
(a)
Dynatrace,
Inc
14,265
128,209
(a)
Elastic
NV
10,416
21,142
Elm
Co
4,397
5,621
(a)
EMRO,
Inc
279
597,503
(a)
EngageSmart,
Inc
10,749
36,496
Enghouse
Systems
Ltd
806
189,651
(a)
EPAM
Systems,
Inc
48,492
4,709
Esker
S.A.
621
293,250
(a)
Everbridge,
Inc
6,575
17,134
(a)
Fair
Isaac
Corp
14,881
21,006
(a)
FD
Technologies
plc
374
64,104
FDM
Group
Holdings
plc
407
498,329
(a)
Five9,
Inc
32,043
13,679
Formula
Systems
1985
Ltd
1,009
254,561
(a)
Fortinet,
Inc
14,938
884,045
Fortnox
AB
4,706
82,500
(a),(b)
Freee
KK
1,630
585,640
(a)
Freshworks,
Inc
11,666
88,547
(b)
F-Secure
Oyj
163
41,768
FUJI
SOFT,
Inc
1,351
213,800
Fujitsu
Ltd
25,145
7,127
Fukui
Computer
Holdings,
Inc
127
112,800
Future
Architect,
Inc
1,134
43,253
(a)
Gartner,
Inc
14,862
197,603
GB
Group
plc
517
845,824
(a)
GDS
Holdings
Ltd
1,160
57,800
(a),(b)
GDS
Holdings
Ltd
(ADR)
633
3,480,721
Gen
Digital,
Inc
61,539
15,517
GFT
Technologies
SE
431
66,513
(a)
Gitlab,
Inc
3,008
77,537
(c)
Global
Dominion
Access
S.A.
275
35,921
(a)
Globant
S.A.
7,107
53,770
GMO
internet,
Inc
831
116,923
(a)
GoDaddy,
Inc
8,708
19,580
Hackett
Group,
Inc
462
143,517
Hansen
Technologies
Ltd
487
52,456
Happiest
Minds
Technologies
Ltd
551
73,714
(a)
HashiCorp,
Inc
1,683
401,427
HCL
Technologies
Ltd
5,950
14,294
Hilan
Ltd
742
13,613
Hinduja
Global
Solutions
Ltd
164
54,052
Hundsun
Technologies,
Inc
241
184,864
(a),(b)
Hut
8
Mining
Corp
363
5,807
Hyundai
Autoever
Corp
802
23,700
(a)
IBEX
Holdings
Ltd
366
58,583
Iflytek
Co
Ltd
408
102,494
Indra
Sistemas
S.A.
1,481
281,000
INESA
Intelligent
Tech,
Inc
167
32,754
(a)
Informatica,
Inc
690
22,548
Information
Services
International-Dentsu
Ltd
861
1,392,760
Infosys
Technologies
Ltd
23,935
17,890
(a),(b)
Instructure
Holdings,
Inc
454
189,190
(a)
Intapp,
Inc
6,342
67,768
Intellect
Design
Arena
Ltd
575
684,232
International
Business
Machines
Corp
95,998
487,005
Intuit,
Inc
248,830
41,532
(a)
Ionos
SE
628
CREF
Stock
Account
September
30,
2023
118
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
912,662
Iress
Market
Technology
Ltd
$
3,395
56,550
Isoftstone
Information
Technology
Group
Co
Ltd
206
585,957
Justsystems
Corp
11,718
69,570
Kainos
Group
plc
970
590,000
(a),(f)
Kaonavi,
Inc
8,731
818,779
Keywords
Studios
plc
15,394
121,690
(a)
Kinaxis,
Inc
13,724
1,171,495
(a)
Kingdee
International
Software
Group
Co
Ltd
1,434
83,200
(a),(b)
Kingsoft
Cloud
Holdings
Ltd
(ADR)
410
79,260
(a),(b)
Klaviyo,
Inc
2,734
24,382
KNOW
IT
AB
283
34,183
Kontron
AG.
662
359,883
KPIT
Technologies
Ltd
4,976
391,820
(a)
Kyndryl
Holdings,
Inc
5,916
1,768,754
Learning
Technologies
Group
plc
1,384
1,232,116
(a)
Lightspeed
Commerce,
Inc
17,308
779,000
(b),(c)
Linklogis,
Inc
173
15,137
LiveChat
Software
S.A.
503
242,750
(a)
LiveRamp
Holdings,
Inc
7,001
3,746,465
(c)
Locaweb
Servicos
de
Internet
S.A.
4,763
466,645
(c)
LTIMindtree
Ltd
29,157
53,463
Magic
Software
Enterprises
Ltd
606
43,860
(a)
Manhattan
Associates,
Inc
8,669
14,076
Mastek
Ltd
406
30,654
Matrix
IT
Ltd
627
488,170
(a)
Matterport,
Inc
1,059
207,791
(a)
Megaport
Ltd
1,560
13,539,379
Microsoft
Corp
4,275,059
671,000
(b)
Ming
Yuan
Cloud
Group
Holdings
Ltd
292
35,167
Mitsubishi
Research
Institute,
Inc
1,139
23,728
(a)
Monday.com
Ltd
3,778
36,488
(a)
Money
Forward,
Inc
1,165
24,113
(a)
MongoDB,
Inc
8,340
63,243
Mphasis
Ltd
1,803
7,477
(a),(b)
Nagarro
SE
539
852,000
(a),(b),(d)
National
Agricultural
Holdings
Ltd
1
21,067
NavInfo
Co
Ltd
29
207,027
NCC
Group
plc
298
41,413
(a),(b)
nCino
OpCo,
Inc
1,317
97,549
(a)
NCR
Corp
2,631
209,500
NEC
Corp
11,569
54,443
NEC
Networks
&
System
Integration
Corp
715
63,057
Nemetschek
SE
3,838
232,406
NET
One
Systems
Co
Ltd
4,410
219,707
(c)
Netcompany
Group
A.S.
8,328
16,959
Newgen
Software
Technologies
Ltd
183
1,268,066
(a)
NEXTDC
Ltd
10,033
69,128
(a)
Nice
Systems
Ltd
11,790
640,084
Nihon
Unisys
Ltd
15,983
201,800
Nippon
System
Development
Co
Ltd
3,825
85,000
Nomura
Research
Institute
Ltd
2,209
14,315
(a)
Northern
Data
AG.
349
25,292
NS
Solutions
Corp
719
138,900
NTT
Data
Corp
1,859
362,414
(a)
Nutanix,
Inc
12,641
84,200
OBIC
Business
Consultants
Ltd
3,485
15,400
Obic
Co
Ltd
2,333
25,295
Objective
Corp
Ltd
174
113,798
(a)
Okta,
Inc
9,276
280,780
(a)
Olo,
Inc
1,702
38,911
One
Software
Technologies
Ltd
491
245,942
Open
Text
Corp
(Toronto)
8,632
119
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
4,103,693
Oracle
Corp
$
434,663
8,300
(a)
Oracle
Corp
Japan
615
106,096
Oracle
Financial
Services
Software
Ltd
5,237
25,100
Otsuka
Corp
1,062
31,822
(a),(b)
OVH
Groupe
SAS
288
1,395,110
(a)
Palantir
Technologies,
Inc
22,322
1,430,101
(a)
Palo
Alto
Networks,
Inc
335,273
18,646
Paycom
Software,
Inc
4,834
42,495
(a),(b)
Paycor
HCM,
Inc
970
44,487
(a)
Paylocity
Holding
Corp
8,083
24,989
Pegasystems,
Inc
1,085
44,170
Perfect
Presentation
For
Commercial
Services
Co
262
41,285
Persistent
Systems
Ltd
2,869
64,200
(a),(b)
PKSHA
Technology,
Inc
1,164
19,900
Plus
Alpha
Consulting
Co
Ltd
373
50,603
(b)
POSCO
DX
Co
Ltd
2,023
747,861
(a),(b)
PowerSchool
Holdings,
Inc
16,947
43,190
(a)
Procore
Technologies,
Inc
2,821
249,978
(a)
PTC,
Inc
35,417
785,998
(a)
Q2
Holdings,
Inc
25,364
32,011
(a)
Qi
An
Xin
Technology
Group,
Inc
226
123,800
(a),(c)
Qingdao
Ainnovation
Technology
Group
Co
Ltd
189
15,874
(a),(b)
QT
Group
Oyj
869
76,700
Rakus
Co
Ltd
1,052
31,556
(a)
Rategain
Travel
Technologies
Ltd
225
20,500
Reply
S.p.A
1,924
59,410
(a)
RingCentral,
Inc
1,760
59,563
(a)
Riskified
Ltd
267
368,480
Roper
Industries,
Inc
178,447
27,825
Route
Mobile
Ltd
531
1,120,670
Sage
Group
plc
13,486
2,588,745
(a)
Salesforce,
Inc
524,946
16,312
Samsung
SDS
Co
Ltd
1,634
11,780
Sangfor
Technologies,
Inc
151
62,700
(a)
Sansan,
Inc
525
1,162,918
SAP
AG.
150,530
48,623
Sapiens
International
Corp
NV
1,395
165,350
Sapiens
International
Corp
NV
4,701
10,700
SB
Technology
Corp
161
1,315
Secunet
Security
Networks
AG.
278
149,600
(a)
SEMrush
Holdings,
Inc
1,272
443,396
(a)
SentinelOne,
Inc
7,476
389,935
(a)
ServiceNow,
Inc
217,958
49,602
Shanghai
Baosight
Software
Co
Ltd
307
583,332
Shanghai
Baosight
Software
Co
Ltd
1,229
220,372
(a)
SHIFT,
Inc
40,075
2,236,179
(a)
Shopify,
Inc
(Class
A)
122,062
20,592
(a)
SimilarWeb
Ltd
133
21,500
Simplex
Holdings,
Inc
389
564,445
(a),(c)
Sinch
AB
985
515,857
(a)
SiteMinder
Ltd
1,529
200,873
(a)
Smartsheet,
Inc
8,127
245,741
(a)
Snowflake,
Inc
37,542
483,421
Softcat
plc
8,605
89,023
Sonata
Software
Ltd
1,132
65,095
Sopra
Group
S.A.
13,438
119,098
(a)
Splunk,
Inc
17,418
741,640
(a)
Sprinklr,
Inc
10,264
463,044
(a),(b)
Sprout
Social,
Inc
23,097
29,837
(a)
SPS
Commerce,
Inc
5,090
86,600
(a)
Squarespace,
Inc
2,509
483,500
Sumisho
Computer
Systems
Corp
8,430
CREF
Stock
Account
September
30,
2023
120
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
637,224
SUNeVision
Holdings
Ltd
$
263
33,968
(b)
SUSE
S.A.
458
658,983
(a)
Synopsys,
Inc
302,453
6,427,712
Systena
Corp
11,553
122,000
Systex
Corp
400
57,195
Tanla
Platforms
Ltd
713
784,634
Tata
Consultancy
Services
Ltd
33,223
28,230
Tata
Elxsi
Ltd
2,450
117,159
(a),(c)
TeamViewer
SE
1,969
227,374
Tech
Mahindra
Ltd
3,338
166,700
TechMatrix
Corp
1,764
682,156
Technology
One
Ltd
6,765
69,625
Temenos
Group
AG.
4,870
467,606
(a)
Teradata
Corp
21,052
23,661
Thunder
Software
Technology
Co
Ltd
248
87,780
(b)
Tietoenator
Oyj
1,972
539,400
TIS,
Inc
11,861
64,142
(a)
TomTom
NV
457
405,752
TOTVS
S.A.
2,179
296,339
(a)
Trade
Desk,
Inc
23,159
198,100
(a)
Trend
Micro,
Inc
7,499
11,507
Trifork
Holding
AG.
193
191,265
(a),(b)
Truecaller
AB
664
188,800
(a)
Tuya,
Inc
(ADR)
293
153,729
(a)
Twilio,
Inc
8,998
384,959
(a)
UiPath,
Inc
6,587
217,820
(a)
Unity
Software,
Inc
6,837
216,910
(a)
Varonis
Systems,
Inc
6,624
68,640
(a)
VeriSign,
Inc
13,902
25,739
Vitec
Software
Group
AB
1,207
162,404
(a)
VMware,
Inc
(Class
A)
27,037
1,344,000
(a),(b)
Vobile
Group
Ltd
348
41,194
(a),(b)
WalkMe
Ltd
391
7,613
Wavestone
399
187,380
(a)
Weave
Communications,
Inc
1,527
1,765,000
(a),(b),(c)
Weimob,
Inc
757
12,559
(b)
Wiit
S.p.A
201
13,700
WingArc1st,
Inc
234
552,695
Wipro
Ltd
2,692
193,329
WiseTech
Global
Ltd
8,025
58,458
(a)
Wix.com
Ltd
5,366
535,711
(a)
Workday,
Inc
115,098
139,654
(a)
Workiva,
Inc
14,153
122,102
(a)
Xero
Ltd
8,781
89,487
Yonyou
Network
Technology
Co
Ltd
204
94,829
Zensar
Technologies
Ltd
589
277,970
(a)
Zeta
Global
Holdings
Corp
2,321
42,674
(a)
Zoom
Video
Communications,
Inc
2,985
82,188
(a)
Zscaler,
Inc
12,788
49,800
Zuken,
Inc
1,202
1,336,210
(a)
Zuora,
Inc
11,010
TOTAL
SOFTWARE
&
SERVICES
9,536,195
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
5.6%
306,444
(b)
AAC
Technologies
Holdings,
Inc
523
55,000
Ability
Opto-Electronics
Technology
Co
Ltd
249
51,700
Accelink
Technologies
Co
Ltd
230
433,831
Accton
Technology
Corp
6,656
1,231,532
Acer,
Inc
1,388
78,000
Adlink
Technology,
Inc
149
15,087
(a)
ADVA
Optical
Networking
SE
320
30,000
Advanced
Ceramic
X
Corp
195
121
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
189,543
Advantech
Co
Ltd
$
2,030
25,006
Ai
Holdings
Corp
396
4,393,000
Alpha
Networks,
Inc
5,370
154,100
(b)
Alps
Electric
Co
Ltd
1,336
5,288
ALSO
Holding
AG.
1,327
44,450
Amano
Corp
976
219,982
Amphenol
Corp
(Class
A)
18,476
19,500
Anker
Innovations
Technology
Co
Ltd
250
121,793
(b)
Anritsu
Corp
869
1,287,120
(a),(d)
Anxin-China
Holdings
Ltd
2
84,000
Apex
International
Co
Ltd
147
21,208,085
(i)
Apple,
Inc
3,631,036
128,000
Arcadyan
Technology
Corp
643
559,896
(a)
Arista
Networks,
Inc
102,982
1,246,379
(a)
Arlo
Technologies,
Inc
12,838
21,592
(a)
Arrow
Electronics,
Inc
2,704
175,000
Asia
Optical
Co,
Inc
342
1,024,385
Asia
Vital
Components
Co
Ltd
10,900
27,000
ASROCK,
Inc
178
298,026
Asustek
Computer,
Inc
3,391
20,622
AT&S
Austria
Technologie
&
Systemtechnik
AG.
609
2,809,827
AU
Optronics
Corp
1,428
637,000
AURAS
Technology
Co
Ltd
6,338
12,613
(a),(c)
Avalon
Technologies
Ltd
84
100,900
Avary
Holding
Shenzhen
Co
Ltd
282
35,698
Avnet,
Inc
1,720
97,700
Azbil
Corp
2,985
56,212
(b)
Barco
NV
1,091
8,800
Basler
AG.
91
51,300
Belden
CDT,
Inc
4,953
1,238,000
Benq
Corp
1,717
22,617
BH
Co
Ltd
349
1,119,337
BOE
Technology
Group
Co
Ltd
593
266,000
(b)
BOE
Varitronix
Ltd
245
51,000
Brother
Industries
Ltd
822
343,439
BYD
Electronic
International
Co
Ltd
1,560
92,100
(a)
Calix,
Inc
4,222
139,600
(a),(b)
Canaan,
Inc
(ADR)
254
47,200
(a)
Canon
Electronics,
Inc
597
36,290
Canon
Marketing
Japan,
Inc
941
612,400
Canon,
Inc
14,752
339,000
Career
Technology
MFG.
Co
Ltd
229
245,947
Catcher
Technology
Co
Ltd
1,392
102,712
CDW
Corp
20,723
437,209
(a)
Celestica,
Inc
10,700
344,000
Chang
Wah
Electromaterials,
Inc
331
133,000
Channel
Well
Technology
Co
Ltd
319
105,845
Chaozhou
Three-Circle
Group
Co
Ltd
450
48,000
Chenbro
Micom
Co
Ltd
325
296,000
Cheng
Uei
Precision
Industry
Co
Ltd
375
674,000
Chicony
Electronics
Co
Ltd
2,414
489,600
(a),(d)
China
Fiber
Optic
Network
System
Group
Ltd
1
107,557
China
Greatwall
Technology
Group
Co
Ltd
155
644,120
China
Railway
Signal
&
Communication
Corp
Ltd
466
23,300
China
Zhenhua
Group
Science
&
Technology
Co
Ltd
259
281,000
Chin-Poon
Industrial
Co
Ltd
342
317,000
Chroma
ATE,
Inc
2,719
18,000
Chunghwa
Precision
Test
Tech
Co
Ltd
324
931,903
(a)
Ciena
Corp
44,042
5,249,009
Cisco
Systems,
Inc
282,187
182,400
(b)
Citizen
Watch
Co
Ltd
1,122
264,000
Clevo
Co
258
CREF
Stock
Account
September
30,
2023
122
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
80,962
Codan
Ltd
$
410
132,491
Cognex
Corp
5,623
90,280
(a)
Coherent
Corp
2,947
1,744,312
Comba
Telecom
Systems
Holdings
Ltd
227
34,001
Comet
Holding
AG.
7,560
6,663
(a)
CommScope
Holding
Co,
Inc
22
1,816,524
Compal
Electronics,
Inc
1,731
797,000
Compeq
Manufacturing
Co
Ltd
1,310
185,980
Comtech
Telecommunications
Corp
1,627
208,000
Coretronic
Corp
496
290,685
Corning,
Inc
8,857
20,284
(a)
CosmoAM&T
Co
Ltd
2,233
186,000
Co-Tech
Development
Corp
357
241,000
(a),(b)
Cowell
e
Holdings,
Inc
478
31,406
Daeduck
Electronics
Co
Ltd
607
8,723
Daejoo
Electronic
Materials
Co
Ltd
539
68,070
Daiwabo
Co
Ltd
1,305
142,000
Darfon
Electronics
Corp
190
9,381
Datalogic
S.p.A.
60
170,482
DataTec
Ltd
324
1,290,070
Delta
Electronics
Thailand
PCL
2,916
4,580,673
Delta
Electronics,
Inc
46,136
46,501
(b)
Dexerials
Corp
1,145
49,811
Dicker
Data
Ltd
309
3,977,060
Ditto
Thailand
PCL
2,966
31,912
Dreamtech
Co
Ltd
332
457,000
Dynapack
International
Technology
Corp
1,137
3,874,156
E
Ink
Holdings,
Inc
21,602
233,300
Eastern
Communications
Co
Ltd
93
10,724
Eizo
Nanao
Corp
363
33,996
Elecom
Co
Ltd
396
221,000
Elite
Material
Co
Ltd
2,939
454,000
Elitegroup
Computer
Systems
Co
Ltd
418
10,345
EM-Tech
Co
Ltd
381
63,679
Ennoconn
Corp
519
41,500
Eoptolink
Technology,
Inc
Ltd
262
26,208
(a)
ePlus,
Inc
1,665
3,198,459
(b)
Ericsson
(LM)
(B
Shares)
15,582
49,709
(a)
EV
Advanced
Material
Co
Ltd
138
109,493
(a)
Everdisplay
Optronics
Shanghai
Co
Ltd
39
32,127
Evertz
Technologies
Ltd
296
117,290
(a),(b)
Evolv
Technologies
Holdings,
Inc
570
808,272
(a)
Extreme
Networks,
Inc
19,568
22,636
(a)
F5
Networks,
Inc
3,648
66,380
(a)
Fabrinet
11,060
3,060,000
(a)
FIH
Mobile
Ltd
261
256,000
FLEXium
Interconnect,
Inc
699
2,049,554
(a)
Flextronics
International
Ltd
55,297
294,100
Forth
Corp
PCL
233
20,521,372
Foxconn
Industrial
Internet
Co
Ltd
55,653
2,709,000
Foxconn
Technology
Co
Ltd
4,847
184,228
FUJIFILM
Holdings
Corp
10,658
183,000
General
Interface
Solution
Holding
Ltd
335
68,000
Genius
Electronic
Optical
Co
Ltd
777
72,365
Genus
Power
Infrastructures
Ltd
222
291,000
Getac
Holdings
Corp
701
444,000
Gigabyte
Technology
Co
Ltd
3,903
230,000
Global
Brands
Manufacture
Ltd
442
71,822
GoerTek,
Inc
155
305,400
Gold
Circuit
Electronics
Ltd
2,081
187,236
GRG
Banking
Equipment
Co
Ltd
311
117,597
Guangzhou
Haige
Communications
Group,
Inc
Co
182
34,018
Guangzhou
Shiyuan
Electronic
Technology
Co
Ltd
237
9,700
(b)
Hakuto
Co
Ltd
328
123
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
574,036
Halma
plc
$
13,525
30,900
Hamamatsu
Photonics
KK
1,299
480,000
Hana
Microelectronics
PCL
(Foreign)
779
368,000
Hannstar
Board
Corp
678
1,955,000
HannStar
Display
Corp
703
96,300
Hengdian
Group
DMEGC
Magnetics
Co
Ltd
216
139,300
Hengtong
Optic-electric
Co
Ltd
270
5,629,597
Hewlett
Packard
Enterprise
Co
97,786
103,051
Hexagon
AB
877
551,000
(a)
High
Tech
Computer
Corp
824
7,500
Hioki
EE
Corp
362
6,800
Hirose
Electric
Co
Ltd
787
23,855
HMS
Networks
AB
869
112,350
Holy
Stone
Enterprise
Co
Ltd
341
10,368,640
Hon
Hai
Precision
Industry
Co,
Ltd
33,421
29,499
Horiba
Ltd
1,594
30,800
Hosiden
Corp
395
660,089
HP,
Inc
16,964
68,600
Huagong
Tech
Co
Ltd
316
90,000
Ibase
Technology,
Inc
265
95,200
Ibiden
Co
Ltd
5,049
15,754
(a),(b)
Incap
Oyj
141
1,411
Inficon
Holding
AG.
1,720
1
(a)
Infinera
Corp
0^
57,850
Innodisk
Corp
533
3,965,456
InnoLux
Display
Corp
1,617
94,427
(a),(b)
Innoviz
Technologies
Ltd
184
44,200
Inspur
Electronic
Information
Industry
Co
Ltd
228
65,600
Intelbras
S.A.
Industria
de
Telecomunicacao
Eletronica
Brasileira
270
6,763
Intellian
Technologies,
Inc
410
10,494
INTOPS
Co
Ltd
214
1,144,172
Inventec
Co
Ltd
1,744
11,711
(a)
IPG
Photonics
Corp
1,189
16,600
Iriso
Electronics
Co
Ltd
466
39,184
IsuPetasys
Co
Ltd
804
149,000
ITEQ
Corp
422
7,330
(a)
Itron,
Inc
444
26,501
Ituran
Location
and
Control
Ltd
792
83,753
Jabil
Inc
10,627
11,269
(a)
Jahwa
Electronics
Co
Ltd
204
37,642
Japan
Aviation
Electronics
Industry
Ltd
748
539,694
(a),(b)
Japan
Display,
Inc
137
610,900
Jaymart
Group
Holdings
PCL
381
42,543
Jenoptik
AG.
1,075
127,114
Juniper
Networks,
Inc
3,532
15,000
Kaga
Electronics
Co
Ltd
650
11,993
(a)
Kaynes
Technology
India
Ltd
332
744,200
KCE
Electronics
PCL
1,123
191,470
Keyence
Corp
70,811
66,936
(a)
Keysight
Technologies,
Inc
8,856
31,460
(a)
Kimball
Electronics,
Inc
861
48,000
King
Slide
Works
Co
Ltd
1,234
302,205
Kingboard
Chemical
Holdings
Ltd
677
951,246
Kingboard
Laminates
Holdings
Ltd
671
136,087
Kitron
ASA
450
17,232
(a)
KMW
Co
Ltd
164
30,000
(b)
Koa
Corp
361
384,700
Konica
Minolta
Holdings,
Inc
1,252
70,600
Kyocera
Corp
3,579
21,045
L&F
Co
Ltd
2,686
70,823
Landis&Gyr
Group
AG.
5,111
41,625
Largan
Precision
Co
Ltd
2,758
502
LEM
Holding
S.A.
1,122
3,098,399
Lenovo
Group
Ltd
3,177
CREF
Stock
Account
September
30,
2023
124
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
281,923
Lens
Technology
Co
Ltd
$
476
95,393
LG
Display
Co
Ltd
926
5,804
LG
Innotek
Co
Ltd
1,052
485,284
Lingyi
iTech
Guangdong
Co
380
842,277
Lite-On
Technology
Corp
3,180
5,295
Littelfuse,
Inc
1,310
179,646
Logitech
International
S.A.
12,359
67,999
Lotes
Co
Ltd
1,738
18,087
Lotte
Energy
Materials
Corp
532
52,694
(a),(b)
Lumentum
Holdings,
Inc
2,381
91,000
LuxNet
Corp
406
357,924
Luxshare
Precision
Industry
Co
Ltd
1,468
40,007
Macnica
Holdings,
Inc
1,878
7,100
(b)
Maruwa
Co
Ltd
1,111
31,100
Maxell
Holdings
Ltd
348
29,034
Maxscend
Microelectronics
Co
Ltd
465
205,991
MCJ
Co
Ltd
1,545
8,801
Mcnex
Co
Ltd
171
18,800
Meiko
Electronics
Co
426
28,765
Melco
Holdings,
Inc
599
5,681,900
Metrodata
Electronics
Tbk
PT
182
198,000
(a),(b),(d)
MH
Development
Ltd
0^
60,932
(b)
Micronic
AB
1,256
307,200
Micro-Star
International
Co
Ltd
1,563
2,572,000
Mitac
Holdings
Corp
3,248
683,010
Motorola
Solutions,
Inc
185,943
2,139,390
Murata
Manufacturing
Co
Ltd
39,027
87,000
Nan
Ya
Printed
Circuit
Board
Corp
721
195,400
(a),(b)
Nano
Dimension
Ltd
(ADR)
531
99,800
Napco
Security
Technologies,
Inc
2,221
174,578
National
Instruments
Corp
10,408
518,400
Nationgate
Holdings
Bhd
146
9,166
(a)
Nayax
Ltd
212
30,583
Neopost
S.A.
616
159,847
NetApp,
Inc
12,129
54,500
(a)
Netscout
Systems,
Inc
1,527
408,800
(a)
Nex
Point
Parts
PCL
126
40,450
Nichicon
Corp
381
417,700
(b)
Nihon
Dempa
Kogyo
Co
Ltd
3,889
64,615
Ninestar
Corp
229
73,600
Nippon
Ceramic
Co
Ltd
1,310
68,676
Nippon
Electric
Glass
Co
Ltd
1,279
26,556
Nippon
Signal
Co
Ltd
167
35,660
Nissha
Printing
Co
Ltd
400
14,572
Nohmi
Bosai
Ltd
172
1
Nokia
Corp
(ADR)
0^
5,845,033
Nokia
Oyj
21,978
15,517
(a)
Note
AB
223
70,936
Oki
Electric
Industry
Co
Ltd
477
79,389
Omron
Corp
3,533
29,179
Optex
Group
Co
Ltd
316
47,163
Oxford
Instruments
plc
1,254
254,000
Pan-International
Industrial
292
4,331
Park
Systems
Corp
523
28,295
Partron
Co
Ltd
165
623,000
PAX
Global
Technology
Ltd
439
24,790
PC
Connection,
Inc
1,323
829,915
Pegatron
Corp
1,970
334,000
Primax
Electronics
Ltd
717
213,599
(a)
Pure
Storage,
Inc
7,608
1,135,390
Quanta
Computer,
Inc
8,497
179,000
Quanta
Storage,
Inc
463
32,672
(a)
Radware
Ltd
553
21,636
Raytron
Technology
Co
Ltd
142
125
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
519,037
Redington
Ltd
$
964
29,143
Renishaw
plc
1,252
10,947
Restar
Holdings
Corp
179
67,210
(a)
Ribbon
Communications,
Inc
180
120,700
Ricoh
Co
Ltd
1,041
11,126
Riken
Keiki
Co
Ltd
448
14,898
Riso
Kagaku
Corp
233
11,333
(b)
Ryosan
Co
Ltd
337
15,400
Ryoyo
Electro
Corp
339
23,414
Samsung
Electro-Mechanics
Co
Ltd
2,379
8,336,055
Samsung
Electronics
Co
Ltd
421,422
347,610
Samsung
Electronics
Co
Ltd
(Preference)
14,004
81,923
Samsung
SDI
Co
Ltd
30,960
10,879
Sang-A
Frontec
Co
Ltd
163
294,702
(a)
Sanmina
Corp
15,996
32,264
(a)
Scansource,
Inc
978
18,778
(a),(b)
Seco
S.p.A
82
64,200
(b)
Seiko
Epson
Corp
1,008
7,861
(a),(b),(c)
Sensirion
Holding
AG.
629
26,000
Sensortek
Technology
Corp
309
24,870
Seojin
System
Co
Ltd
288
471,000
Sercomm
Corp
1,795
3,579
(a)
Seronics
Co
Ltd
75
32,359
Sesa
S.p.A
3,390
5,236
(a),(b)
SES-imagotag
S.A.
610
5,834
Shanghai
Friendess
Electronic
Technology
Corp
Ltd
199
120,784
Shengyi
Technology
Co
Ltd
254
19,805
Shennan
Circuits
Co
Ltd
181
63,100
Shenzhen
SED
Industry
Co
Ltd
193
32,500
Shenzhen
Sunlord
Electronics
Co
Ltd
128
43,354
Shenzhen
Transsion
Holdings
Co
Ltd
868
292,500
Shimadzu
Corp
7,759
22,800
Siix
Corp
232
629,000
Simplo
Technology
Co
Ltd
6,539
292,000
Sinbon
Electronics
Co
Ltd
2,927
1,449,200
SKP
Resources
Bhd
307
24,077
(b)
Softchoice
Corp
265
353,215
Softwareone
Holding
AG.
6,976
34,065
(a)
SOLUM
Co
Ltd
779
14,743
Solus
Advanced
Materials
Co
Ltd
318
250,827
Spectris
plc
10,370
62,000
Speed
Tech
Corp
102
4,694,035
Spirent
Communications
plc
7,904
36,569
(a)
STCUBE
326
164,392
Sterlite
Technologies
Ltd
318
299,949
Sunny
Optical
Technology
Group
Co
Ltd
2,079
174,196
(a)
Super
Micro
Computer,
Inc
47,768
3,348,277
Supreme
Electronics
Co
Ltd
5,719
93,241
Suzhou
Dongshan
Precision
Manufacturing
Co
Ltd
221
25,900
Suzhou
TFC
Optical
Communication
Co
Ltd
338
79,340
SYNNEX
Corp
7,923
473,621
Synnex
Technology
International
Corp
941
35,247
Syrma
SGS
Technology
Ltd
259
225,000
Taiwan
Union
Technology
Corp
950
351,540
(b)
Taiyo
Yuden
Co
Ltd
9,498
485,500
TDK
Corp
17,949
858,415
TE
Connectivity
Ltd
106,040
45,850
(a),(c)
Tejas
Networks
Ltd
482
149,000
Test
Research,
Inc
281
50,000
Thinking
Electronic
Industrial
Co
Ltd
227
20,004
Tianjin
712
Communication
&
Broadcasting
Co
Ltd
69
73,730
Tianma
Microelectronics
Co
Ltd
93
18,300
(b)
Tokyo
Electron
Device
Ltd
433
146,640
Tong
Hsing
Electronic
Industries
Ltd
678
CREF
Stock
Account
September
30,
2023
126
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
80,356
Topcon
Corp
$
886
19,585
Toshiba
TEC
Corp
447
280,000
TPK
Holding
Co
Ltd
292
944,000
Transcend
Information,
Inc
2,124
93,087
(a)
Trimble
Inc
5,014
370,000
Tripod
Technology
Corp
2,210
5,716,000
Truly
International
Holdings
522
1,138,223
(a)
TTM
Technologies,
Inc
14,660
239,000
TXC
Corp
717
3,174
(b)
Ubiquiti,
Inc
461
575,011
Unimicron
Technology
Corp
3,102
170,611
Unisplendour
Corp
Ltd
551
60,300
Universal
Scientific
Industrial
Shanghai
Co
Ltd
121
1,088,700
Venture
Corp
Ltd
9,830
21,000
VIA
Labs,
Inc
134
304,616
(a)
Viasat,
Inc
5,623
11,920
(a)
Vishay
Precision
Group,
Inc
400
21,000
Vivotek,
Inc
100
798,019
Vontier
Corp
24,675
2,606,200
VS
Industry
Bhd
566
585,042
VSTECS
Holdings
Ltd
328
322,385
Vtech
Holdings
Ltd
1,929
126,900
Wacom
Co
Ltd
503
126,000
Wah
Lee
Industrial
Corp
364
275,000
Walsin
Technology
Corp
875
1,920,000
Wasion
Holdings
Ltd
711
120,981
(a)
Western
Digital
Corp
5,520
68,184
Wingtech
Technology
Co
Ltd
408
190,500
(a),(d),(g)
Wintek
Corp
0^
1,106,000
Wistron
Corp
3,503
245,000
Wistron
NeWeb
Corp
1,048
78,049
Wiwynn
Corp
3,639
667,519
WPG
Holdings
Ltd
1,254
366,000
WT
Microelectronics
Co
Ltd
1,265
120,615
Wuhan
Guide
Infrared
Co
Ltd
126
135,152
WUS
Printed
Circuit
Kunshan
Co
Ltd
417
822,300
Xerox
Holdings
Corp
12,902
10,700
Xiamen
Faratronic
Co
Ltd
142
13,142,400
(a),(c)
Xiaomi
Corp
20,589
15,750
(a),(d)
Ya
Hsin
Industrial
Co
Ltd
0^
137,801
Yageo
Corp
2,244
53,685
Yealink
Network
Technology
Corp
Ltd
263
50,200
Yokogawa
Electric
Corp
969
12,584
Yokowo
Co
Ltd
132
38,779
(a)
Zebra
Technologies
Corp
(Class
A)
9,172
23,123
Zen
Technologies
Ltd
212
205,518
Zhejiang
Dahua
Technology
Co
Ltd
628
32,010
Zhejiang
Supcon
Technology
Co
Ltd
209
288,558
Zhen
Ding
Technology
Holding
Ltd
881
50,323
Zhongji
Innolight
Co
Ltd
803
239,203
ZTE
Corp
1,074
335,399
ZTE
Corp
(Class
H)
1,009
199,000
Zyxel
Group
Corp
308
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
6,085,174
TELECOMMUNICATION
SERVICES
-
1.0%
519,571
Advanced
Info
Service
PCL
3,245
732,548
(c)
Airtel
Africa
plc
1,120
717,057
AL
Yah
Satellite
Communications
Co-Pjsc-Yah
Sat
523
16,461,232
(b)
America
Movil
SAB
de
C.V.
14,253
9,205,668
AT&T,
Inc
138,269
123,507
(a),(b)
Aussie
Broadband
Ltd
325
1,258,806
Axiata
Group
Bhd
667
46,190
(a)
Bandwidth,
Inc
521
127
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
66,275
(b)
BCE,
Inc
$
2,530
1,731,762
Bezeq
Israeli
Telecommunication
Corp
Ltd
2,447
1,944,087
Bharti
Airtel
Ltd
21,650
7,048,714
BT
Group
plc
10,010
77,442
(a)
Cellcom
Israel
Ltd
251
617,404
(c)
Cellnex
Telecom
S.A.
21,475
22,300
Chief
Telecom,
Inc
244
12,195,912
(c)
China
Tower
Corp
Ltd
1,165
1,648,653
Chunghwa
Telecom
Co
Ltd
5,926
1,230,641
Citic
Telecom
International
Holdings
Ltd
487
64,200
Cogent
Communications
Group,
Inc
3,974
3,757,614
Deutsche
Telekom
AG.
78,823
1,485,344
Digi.Com
BHD
1,382
28,868
Drillisch
AG.
488
155,906
Elisa
Oyj
(Series
A)
7,230
2,984,283
Emirates
Telecommunications
Group
Co
PJSC
16,607
105,726
Empresa
Nacional
de
Telecomunicaciones
S.A.
356
333,622
Etihad
Etisalat
Co
3,963
697,282
Far
EasTone
Telecommunications
Co
Ltd
1,571
99,114
Freenet
AG.
2,320
28,192
(a)
Frontier
Communications
Parent,
Inc
441
77,578
Gamma
Communications
plc
1,033
186,824
(a),(d)
GCI
Liberty,
Inc
2
611,057
(a)
Helios
Towers
plc
547
167,668
Hellenic
Telecommunications
Organization
S.A.
2,446
565,175
HFCL
Ltd
523
784,120
HKBN
Ltd
319
3,117,437
HKT
Trust
&
HKT
Ltd
3,251
1,271,607
Hutchison
Telecommunications
Hong
Kong
Holdings
Ltd
173
55,980
(a)
IDT
Corp
1,234
368,775
Infrastrutture
Wireless
Italiane
S.p.A
4,382
91,448
Internet
Initiative
Japan,
Inc
1,477
860,500
Intouch
Holdings
PCL
(Class
F)
1,738
95,756
Iridium
Communications,
Inc
4,356
4,399,900
Jasmine
International
PCL
251
371,000
(a),(b)
JTOWER,
Inc
15,227
1,105,096
KDDI
Corp
33,828
12,926,394
Koninklijke
KPN
NV
42,588
29,579
KT
Corp
728
222,725
(a),(b),(d)
Let's
GOWEX
S.A.
2
89,241
LG
Telecom
Ltd
685
78,240
(a)
Liberty
Latin
America
Ltd
(Class
A)
638
626,083
(a)
Liberty
Latin
America
Ltd
(Class
C)
5,109
352,205
Magyar
Telekom
516
975,083
Maxis
Bhd
838
144,644
(a),(b)
Millicom
International
Cellular
S.A.
2,242
1,910,638
Mobile
Telecommunications
Co
KSCP
3,007
384,421
Mobile
Telecommunications
Co
Saudi
Arabia
1,349
1,462,215
MTN
Group
Ltd
8,715
4,454,066
NetLink
NBN
Trust
2,734
19,422,000
Nippon
Telegraph
&
Telephone
Corp
22,989
168,575
NOS
SGPS
S.A.
621
18,100
Okinawa
Cellular
Telephone
Co
390
134,822
(a)
Ooma,
Inc
1,754
753,115
Ooredoo
QPSC
2,212
990,000
(b)
Operadora
De
Sites
Mexicanos
SAB
de
C.V.
823
2,147,902
Orange
S.
A.
24,637
127,867
(a)
Partner
Communications
503
4,670,000
PCCW
Ltd
2,127
34,414
PLDT,
Inc
714
138,020
Proximus
plc
1,121
75,764
(c)
RAI
Way
S.p.A
397
CREF
Stock
Account
September
30,
2023
128
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
94,951
Railtel
Corp
of
India
Ltd
$
255
322,293
Rogers
Communications,
Inc
(Class
B)
12,374
15,143,533
Sarana
Menara
Nusantara
Tbk
PT
940
1,745,460
Saudi
Telecom
Co
17,505
5,720,328
Singapore
Telecommunications
Ltd
10,126
87,977
(a),(d)
Sistema
PJSFC
(GDR)
(London)
1
1,446,730
(a),(b)
Sitios
Latinoamerica
SAB
de
C.V.
576
53,094
SK
Telecom
Co
Ltd
2,045
112,264,304
(a)
Smartfren
Telecom
Tbk
PT
407
342,641
SmarTone
Telecommunications
Holding
Ltd
173
1,439,500
SoftBank
Corp
16,293
957,698
Softbank
Group
Corp
40,344
154,200
Spok
Holdings,
Inc
2,200
530,114
StarHub
Ltd
430
28,332
Swisscom
AG.
16,823
745,506
Taiwan
Mobile
Co
Ltd
2,186
409,747
(a)
Tata
Teleservices
Maharashtra
Ltd
489
578,620
Tele2
AB
(B
Shares)
4,425
1,571,281
Telecom
Corp
of
New
Zealand
Ltd
4,523
276,074
Telecom
Egypt
267
10,742,922
(a),(b)
Telecom
Italia
S.p.A.
3,350
378,685
Telefonica
Brasil
S.A.
3,253
968,149
Telefonica
Deutschland
Holding
AG.
1,732
5,986,894
(b)
Telefonica
S.A.
24,459
551,109
Telekom
Malaysia
BHD
575
534,506
Telekomunikacja
Polska
S.A.
912
764,328
Telenor
ASA
8,668
2,566,299
TeliaSonera
AB
5,293
42,499,401
Telkom
Indonesia
Persero
Tbk
PT
10,302
219,328
(a)
Telkom
S.A.
Ltd
269
3,620,436
Telstra
Corp
Ltd
8,945
427,726
TELUS
Corp
6,985
589,800
Thaicom
PCL
227
743,249
TIM
S.A.
2,202
864,100
TIME
dotCom
Bhd
998
1,348,295
(a)
T-Mobile
US,
Inc
188,829
4,384,453
True
Corp
PCL
851
1,095,963
(a)
Turkcell
Iletisim
Hizmet
AS
2,126
71,640
United
Internet
AG.
1,531
16,700
Usen-Next
Holdings
Co
Ltd
374
2,959,593
Verizon
Communications,
Inc
95,920
34,742
(a)
Vision,
Inc
351
546,501
Vodacom
Group
Ltd
3,053
26,756,229
Vodafone
Group
plc
25,081
8,127,879
(a)
Vodafone
Idea
Ltd
1,138
1,323,826
Vodafone
Qatar
QSC
655
4,107,900
XL
Axiata
Tbk
PT
632
TOTAL
TELECOMMUNICATION
SERVICES
1,071,582
TRANSPORTATION
-
1.7%
110,806
Abu
Dhabi
Aviation
Co
221
457,923
Adani
Ports
&
Special
Economic
Zone
Ltd
4,539
206,227
(a)
Aegean
Airlines
S.A.
2,286
81,953
Aena
SME
S.A.
12,332
32,413
Aeroports
de
Paris
3,823
1,420,909
Agility
Public
Warehousing
Co
KSC
2,559
1,899,249
Air
Arabia
PJSC
1,453
158,838
(a)
Air
Canada
2,266
294,929
(a)
Air
China
Ltd
327
793,910
(a)
Air
China
Ltd
(H
shares)
535
95,735
(a)
Air
France-KLM
1,198
1,414,105
Air
New
Zealand
Ltd
619
129
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
500,031
(a)
Air
Transport
Services
Group,
Inc
$
10,436
3,681,288
Airports
of
Thailand
PCL
7,043
95,050
(a)
Alaska
Air
Group,
Inc
3,524
108,595
(a),(b)
All
Nippon
Airways
Co
Ltd
2,274
57,694
Allcargo
Logistics
Ltd
189
5,888
(a),(b)
Amerco,
Inc
321
492,105
(a)
American
Airlines
Group,
Inc
6,304
634,771
(a),(b),(d),(g)
AMR
Corporation
6
1,971,500
(a)
ANE
Cayman,
Inc
1,616
370,000
Anhui
Expressway
Co
Ltd
386
3,310
AP
Moller
-
Maersk
AS
(Class
A)
5,858
5,298
AP
Moller
-
Maersk
AS
(Class
B)
9,531
598,910
Aramex
PJSC
351
154,855
ArcBest
Corp
15,741
3,686,500
(a)
Asia
Aviation
PCL
261
24,385
(a)
Asiana
Airlines,
Inc
184
39,167,400
(a)
Astrindo
Nusantara
Infrastructure
Tbk
PT
284
1,200,331
Atlas
Arteria
Ltd
4,250
275,479
Auckland
International
Airport
Ltd
1,306
1,551,098
Aurizon
Holdings
Ltd
3,468
15,513
(a)
Avis
Budget
Group,
Inc
2,788
27,850
(b)
AZ-COM
MARUWA
Holdings,
Inc
396
237,800
(a)
Azul
S.A.
685
641,900
(a)
Bangkok
Airways
PCL
274
140,900
Bangkok
Aviation
Fuel
Services
PCL
107
5,682,962
Bangkok
Expressway
&
Metro
PCL
1,292
2,006,810
(a)
Beijing
Capital
International
Airport
Co
Ltd
928
958,400
Beijing-Shanghai
High
Speed
Railway
Co
Ltd
675
70,208
Belships
ASA
118
4,426
Blue
Dart
Express
Ltd
356
89,994
(b)
bpost
S.A.
493
5,371,937
BTS
Group
Holdings
PCL
1,104
644,214
Canadian
National
Railway
Co
69,764
845,753
(b)
Canadian
Pacific
Railway
Ltd
62,866
276,000
Canggang
Railway
Ltd
388
6,654
(b)
Cargojet,
Inc
441
59,960
(a),(b)
Cathay
Pacific
Airways
Ltd
61
218,200
Cebu
Air,
Inc
131
715,815
Central
Japan
Railway
Co
17,407
87,861
CH
Robinson
Worldwide,
Inc
7,567
1,115,000
China
Airlines
734
437,500
(a)
China
Eastern
Airlines
Corp
Ltd
264
614,667
China
Merchants
Holdings
International
Co
Ltd
764
830,447
(a)
China
Southern
Airlines
Co
Ltd
403
283,159
(a)
China
Southern
Airlines
Co
Ltd
(Class
A)
238
57,888
(a),(b)
Chorus
Aviation,
Inc
100
764,272
Cia
de
Concessoes
Rodoviarias
1,960
50,126
Cia
de
Distribucion
Integral
Logista
Holdings
S.A.
1,281
13,350,656
Cia
Sud
Americana
de
Vapores
S.A.
801
6,512
CJ
Logistics
Corp
390
22,724
Clarkson
plc
758
1,812,300
ComfortDelgro
Corp
Ltd
1,722
227,411
Container
Corp
Of
India
Ltd
1,956
630,600
(a),(b)
Controladora
Vuela
Cia
de
Aviacion
SAB
de
C.V.
429
685,536
COSCO
Pacific
Ltd
447
754,915
COSCO
SHIPPING
Holdings
Co
Ltd
-
A
1,016
2,615,809
COSCO
SHIPPING
Holdings
Co
Ltd
-
H
2,674
1,124,000
COSCO
SHIPPING
International
Hong
Kong
Co
Ltd
485
2,592,038
CSX
Corp
79,705
291,033
CTT-Correios
de
Portugal
S.A.
1,069
85,217
D/S
Norden
4,733
963,005
Daqin
Railway
Co
Ltd
962
CREF
Stock
Account
September
30,
2023
130
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
498,549
(a)
Delhivery
Ltd
$
2,472
719,540
Delta
Air
Lines,
Inc
26,623
652,218
(a)
Deutsche
Lufthansa
AG.
5,161
1,755,157
Deutsche
Post
AG.
71,216
28,844
Dfds
A.S.
951
6,674
Dreamfolks
Services
Ltd
40
438,797
DSV
AS
81,766
301,679
East
Japan
Railway
Co
17,264
1,499,806
(a)
easyJet
plc
7,774
195,400
EcoRodovias
Infraestrutura
e
Logistica
S.A.
301
215,133
Enav
S.p.A
796
1,115,000
Eva
Airways
Corp
1,029
445,000
Evergreen
International
Storage
&
Transport
Corp
394
833,013
Evergreen
Marine
Corp
Taiwan
Ltd
2,996
132,799
(b)
Exchange
Income
Corp
4,384
115,357
Expeditors
International
Washington,
Inc
13,223
70,400
Farglory
F
T
Z
Investment
Holding
Co
Ltd
110
187,860
FedEx
Corp
49,768
579,558
(a),(b)
Finnair
Oyj
316
651,821
Firstgroup
plc
1,198
16,581
Flughafen
Zuerich
AG.
3,157
84,900
Forward
Air
Corp
5,836
31,706
(a)
Fraport
AG.
Frankfurt
Airport
Services
Worldwide
1,676
15,660
Fukuyama
Transporting
Co
Ltd
411
390,878
Getlink
S.E.
6,231
1,716,327
(a)
GMR
Infrastructure
Ltd
1,228
174,800
(a)
Gol
Linhas
Aereas
Inteligentes
S.A.
230
110,000
Golden
Ocean
Group
Ltd
864
3,327,892
(a)
Grab
Holdings
Ltd
11,781
653,200
Grindrod
Ltd
398
243,300
(b)
Grupo
Aeroportuario
del
Centro
Norte
Sab
de
C.V.
2,641
331,249
(b)
Grupo
Aeroportuario
del
Pacifico
S.A.
de
C.V.
(B
Shares)
5,444
159,063
(b)
Grupo
Aeroportuario
del
Sureste
S.A.
de
C.V.
(Class
B)
3,893
302,100
(a),(b),(c)
Grupo
Traxion
SAB
de
C.V.
516
87,900
Guangzhou
Baiyun
International
Airport
Co
Ltd
135
248,552
Gujarat
Pipavav
Port
Ltd
371
236,461
(a)
Gulf
Navigation
Holding
PJSC
476
243,579
Gulf
Warehousing
Co
212
187,975
(a)
GXO
Logistics,
Inc
11,025
2,172,900
(a)
Hainan
Airlines
Holding
Co
Ltd
441
148,000
(a),(b)
Hainan
Meilan
International
Airport
Co
Ltd
135
14,400
Hamakyorex
Co
Ltd
391
18,172
Hamburger
Hafen
und
Logistik
AG.
323
102,400
(a),(c)
Hangzhou
SF
Intra-City
Industrial
Co
Ltd
109
194,698
Hankyu
Hanshin
Holdings,
Inc
6,643
228,740
Heartland
Express,
Inc
3,360
101,695
(a)
Hertz
Global
Holdings,
Inc
1,246
6,300
(a)
HextarTechnologies
Solutions
Bhd
33
373,900
(a)
Hidrovias
do
Brasil
S.A.
341
99,917
HMM
Co
Ltd
1,205
64,113
Hoegh
Autoliners
ASA
460
167,646
(a)
Hub
Group,
Inc
(Class
A)
13,167
4,379,651
Hutchison
Port
Holdings
Trust
752
15,438
Hyundai
Glovis
Co
Ltd
2,107
2,121
(a)
ID
Logistics
Group
559
657,038
(b)
Iino
Kaiun
Kaisha
Ltd
4,607
113,462
(a),(c)
InterGlobe
Aviation
Ltd
3,247
885,255
International
Container
Term
Services,
Inc
3,234
595,188
International
Distributions
Services
plc
1,890
242,442
Japan
Airlines
Co
Ltd
4,710
50,300
Japan
Airport
Terminal
Co
Ltd
2,131
1,833,700
Jasa
Marga
Persero
Tbk
PT
509
131
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
73,126
Jazeera
Airways
Co
KSCP
$
349
9,573
JB
Hunt
Transport
Services,
Inc
1,805
1,776,600
(a),(c)
JD
Logistics,
Inc
2,246
32,730
(a)
Jeju
Air
Co
Ltd
270
142,228
JET2
plc
1,870
674,915
Jiangsu
Express
609
17,707
(a)
Jin
Air
Co
Ltd
158
96,200
Juneyao
Airlines
Co
Ltd
189
83,500
(b)
Kamigumi
Co
Ltd
1,720
117,300
(b)
Kawasaki
Kisen
Kaisha
Ltd
4,003
182,700
Keihin
Electric
Express
Railway
Co
Ltd
1,553
87,495
(b)
Keio
Corp
3,008
109,300
Keisei
Electric
Railway
Co
Ltd
3,786
143,345
Kelsian
Group
Ltd
523
601,700
(a)
Kerry
Express
Thailand
PCL
111
260,509
Kerry
Logistics
Network
Ltd
233
137,000
Kerry
TJ
Logistics
Co
Ltd
157
153,807
Kintetsu
Corp
4,361
187,877
(a)
Kirby
Corp
15,556
118,321
Knight-Swift
Transportation
Holdings,
Inc
5,934
16,468
Konoike
Transport
Co
Ltd
213
110,380
(a)
Korea
Line
Corp
146
158,519
Korean
Air
Lines
Co
Ltd
2,552
59,360
Kuehne
&
Nagel
International
AG.
16,866
112,000
Kyushu
Railway
Co
2,382
558,200
Liaoning
Port
Co
Ltd
120
4,804,011
Localiza
Rent
A
Car
55,967
10,445
Lotte
Rental
Co
Ltd
208
35,500
(c)
Mahindra
Logistics
Ltd
166
604,935
Malaysia
Airports
Holdings
Bhd
919
8,530
Maruzen
Showa
Unyu
Co
Ltd
216
1,547,840
MISC
Bhd
2,332
44,628
Mitsubishi
Logistics
Corp
1,185
292,600
(b)
Mitsui
OSK
Lines
Ltd
8,040
17,714
Mitsui-Soko
Co
Ltd
510
92,600
Movida
Participacoes
S.A.
219
230,951
MPC
Container
Ships
ASA
375
1,320,293
MTR
Corp
5,216
69,963
(b)
Mullen
Group
Ltd
691
154,900
Nagoya
Railroad
Co
Ltd
2,288
84,127
Nankai
Electric
Railway
Co
Ltd
1,634
1,906,587
National
Express
Group
plc
2,055
61,700
Nippon
Express
Holdings,
Inc
3,220
41,649
Nippon
Konpo
Unyu
Soko
Co
Ltd
880
410,703
(b)
Nippon
Yusen
Kabushiki
Kaisha
10,664
48,000
Nishi-Nippon
Railroad
Co
Ltd
797
544,334
(a)
Norwegian
Air
Shuttle
AS
432
7,179
(a)
NTG
Nordic
Transport
Group
A.S.
368
266,099
Odakyu
Electric
Railway
Co
Ltd
3,976
27,261
Oesterreichische
Post
AG.
894
75,050
Old
Dominion
Freight
Line
30,706
122,500
(b)
Orient
Overseas
International
Ltd
1,632
26,808,290
Pacific
Basin
Shipping
Ltd
7,702
104,144
Pan
Ocean
Co
Ltd
381
35,982
(a)
Pegasus
Hava
Tasimaciligi
AS.
1,079
625,500
Precious
Shipping
PCL
166
150,982
Promotora
y
Operadora
de
Infraestructura
SAB
de
C.V.
1,350
789,343
(a)
Qantas
Airways
Ltd
2,613
424,234
Qatar
Navigation
QSC
1,195
1,385,723
Qube
Holdings
Ltd
2,545
269,460
(a)
Radiant
Logistics,
Inc
1,522
670,595
Redde
Northgate
plc
2,766
CREF
Stock
Account
September
30,
2023
132
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
887,800
Regional
Container
Lines
PCL
$
530
224,908
(a)
Reysas
Tasimacilik
ve
Lojistik
Ticaret
AS.
300
1,086,646
Rumo
S.A.
4,933
191,300
(a)
RXO,
Inc
3,774
49,610
Ryder
System,
Inc
5,306
61,497
Sagami
Railway
Co
Ltd
1,209
20,180
(a)
Saia,
Inc
8,045
96
(a),(d)
SAir
Group
0^
12,940
Sakai
Moving
Service
Co
Ltd
216
370,750
Sankyu,
Inc
12,817
392,300
Santos
Brasil
Participacoes
S.A.
669
149
(a)
SAS
AB
0^
65,719
(a)
Saudi
Ground
Services
Co
519
33,012
Saudi
Industrial
Services
Co
230
49,777
(a)
Saudi
Public
Transport
Co
235
16,304
SBS
Holdings,
Inc
306
212,900
SCGJWD
Logistics
PCL
86
99,865
Schneider
National,
Inc
2,765
10,301
Sebang
Co
Ltd
84
202,300
Seibu
Holdings,
Inc
1,946
103,706
Seino
Holdings
Corp
1,453
96,496
Senko
Co
Ltd
676
122,839
SF
Holding
Co
Ltd
690
272,450
SG
Holdings
Co
Ltd
3,488
76,196
(a)
Shanghai
International
Airport
Co
Ltd
397
249,960
Shanghai
International
Port
Group
Co
Ltd
177
724,402
Shenzhen
International
Holdings
Ltd
446
4,827
Shenzhen
Investment
Holdings
Bay
Area
Development
Co
Ltd
1
178,060
Shinwa
Kaiun
Kaisha
Ltd
4,688
99,784
(a),(d)
Shipping
Corp
of
India
Land
&
Assets
Ltd
32
99,784
Shipping
Corp
of
India
Ltd
175
444,500
SIA
Engineering
Co
Ltd
776
558,000
Sichuan
Expressway
Co
Ltd
177
279,400
SIMPAR
S.A.
491
337,000
Sincere
Navigation
Corp
248
1,138,573
(b)
Singapore
Airlines
Ltd
5,371
871,924
(a),(b)
Singapore
Airport
Terminal
Services
Ltd
1,655
1,316,619
Singapore
Post
Ltd
466
1,127,000
SITC
International
Holdings
Co
Ltd
1,891
11,591
Sixt
AG.
1,072
13,648
Sixt
AG.
(Preference)
838
222,750
(a)
Skywest,
Inc
9,342
454,230
Southwest
Airlines
Co
12,296
23,700
(a)
Spring
Airlines
Co
Ltd
178
30,961
Stolt-Nielsen
Ltd
897
46,583
(b)
Sumitomo
Warehouse
Co
Ltd
743
64,000
T3EX
Global
Holdings
Corp
153
1,462,501
Taiwan
High
Speed
Rail
Corp
1,358
150,087
(a)
TAV
Havalimanlari
Holding
AS
684
7,889
TCI
Express
Ltd
138
70,148
TFI
International,
Inc
9,009
16,586
Theeb
Rent
A
Car
Co
278
2,292,000
Tianjin
Port
Development
Holdings
Ltd
155
308,525
TNT
NV
656
159,829
Tobu
Railway
Co
Ltd
4,108
423,311
Tokyu
Corp
4,881
5,648,600
(a),(d)
Trada
Alam
Minera
Tbk
PT
0^
5,907
Trancom
Co
Ltd
290
875,700
Transcoal
Pacific
Tbk
PT
466
26,549
Transport
Corp
of
India
Ltd
250
2,616,019
Transurban
Group
21,257
463,901
(a)
Turk
Hava
Yollari
AO
4,095
133
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
64,570
(a)
Tway
Air
Co
Ltd
$
108
3,928,594
(a)
Uber
Technologies,
Inc
180,676
76,643
U-Haul
Holding
Co
4,015
341,000
U-Ming
Marine
Transport
Corp
505
1,631,810
Union
Pacific
Corp
332,285
247,631
(a)
United
Airlines
Holdings,
Inc
10,475
27,314
United
International
Transportation
Co
503
981,108
United
Parcel
Service,
Inc
(Class
B)
152,925
345,600
Vamos
Locacao
de
Caminhoes
Maquinas
e
Equipamentos
S.A.
670
67,336
(a),(d)
Virgin
Australia
Holdings
Pty
Ltd
0^
30,917
VRL
Logistics
Ltd
268
87,769
Wallenius
Wilhelmsen
ASA
693
560,350
Wan
Hai
Lines
Ltd
840
186,800
West
Japan
Railway
Co
7,730
35,294
(b)
Westshore
Terminals
Investment
Corp
655
154,300
Wilson
Sons
Holdings
Brasil
S.A.
430
109,354
Wincanton
plc
365
318,000
Wisdom
Marine
Lines
Co
Ltd
478
86,661
(a)
XPO,
Inc
6,470
225,036
Yamato
Transport
Co
Ltd
3,663
1,025,455
Yang
Ming
Marine
Transport
1,445
75,759
YTO
Express
Group
Co
Ltd
156
922,000
Yuexiu
Transport
Infrastructure
Ltd
487
68,515
Yunda
Holding
Co
Ltd
93
666,968
(b)
Zhejiang
Expressway
Co
Ltd
496
78,185
(b)
ZIM
Integrated
Shipping
Services
Ltd
817
181,083
ZTO
Express
Cayman,
Inc
(ADR)
4,377
TOTAL
TRANSPORTATION
1,851,796
UTILITIES
-
2.4%
1,316,194
A2A
S.p.A.
2,339
1,589,000
(a)
Absolute
Clean
Energy
PCL
70
26,615
Acciona
S.A.
3,390
119,389
ACEA
S.p.A.
1,298
81,665
ACWA
Power
Co
4,256
272,195
(a)
Adani
Green
Energy
Ltd
3,236
669,147
(a)
Adani
Power
Ltd
3,041
160,823
(a)
AES
Brasil
Energia
S.A.
349
77,770
AES
Corp
1,182
504,243
AGL
Energy
Ltd
3,464
5,961,826
Aguas
Andinas
S.A.
1,798
634,800
(a)
Ahlatci
Dogal
Gaz
Dagitim
Enerji
VE
Yatirim
AS.
326
282,547
(a)
Akfen
Yenilenebilir
Enerji
AS.
187
152,906
Aksa
Enerji
Uretim
AS
229
591,776
(b)
Algonquin
Power
&
Utilities
Corp
3,503
11,167
AlKhorayef
Water
&
Power
Technologies
Co
424
213,609
Allete,
Inc
11,279
3,273,992
Alliant
Energy
Corp
158,625
255,903
(b)
AltaGas
Ltd
4,908
119,392
Alupar
Investimento
S.A.
683
1,627,721
Ameren
Corp
121,802
2,369,887
American
Electric
Power
Co,
Inc
178,263
143,880
American
States
Water
Co
11,320
21,944
American
Water
Works
Co,
Inc
2,717
1,134,518
APA
Group
6,035
66,898
Ascopiave
S.p.A.
140
216,377
Atco
Ltd
5,480
37,711
Athens
Water
Supply
&
Sewage
Co
S.A.
224
16,157
Atmos
Energy
Corp
1,711
229,350
Auren
Energia
S.A.
626
8,181
(b)
Avangrid,
Inc
247
42,370
Aygaz
AS
249
CREF
Stock
Account
September
30,
2023
134
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
758,930
B
Grimm
Power
PCL
$
598
477,600
Banpu
Power
PCL
180
982,000
BCPG
PCL
258
254,679
Beijing
Enterprises
Holdings
Ltd
876
2,034,586
Beijing
Enterprises
Water
Group
Ltd
443
1,328,000
Beijing
Jingneng
Clean
Energy
Co
Ltd
276
23,164
BKW
AG.
4,078
443,256
Black
Hills
Corp
22,424
76,437
Boralex,
Inc
1,642
99,265
(b)
Brookfield
Infrastructure
Corp
3,509
122,930
Brookfield
Renewable
Corp
2,942
102,152
(b)
Brookfield
Renewable
Corp
2,446
166,900
(a)
Can2
Termik
AS.
129
119,183
Canadian
Utilities
Ltd
2,518
544,000
(b)
Canvest
Environmental
Protection
Group
Co
Ltd
315
319,327
(b)
Capital
Power
Corp
8,915
148,400
CECEP
Solar
Energy
Co
Ltd
118
419,310
CECEP
Wind-Power
Corp
188
145,777
Centerpoint
Energy,
Inc
3,914
212,739
Centrais
Eletricas
Brasileiras
S.A.
1,708
1,023,251
Centrais
Eletricas
Brasileiras
S.A.
7,510
276,191
Centrica
plc
519
566,175
CESC
Ltd
612
144,350
CEZ
AS
6,131
910,000
(b)
CGN
New
Energy
Holdings
Co
Ltd
241
5,179,000
(c)
CGN
Power
Co
Ltd
1,341
2,044,000
China
Datang
Corp
Renewable
Power
Co
Ltd
485
1,168,165
China
Gas
Holdings
Ltd
1,101
1,363,044
China
Longyuan
Power
Group
Corp
Ltd
1,182
540,300
China
National
Nuclear
Power
Co
Ltd
541
2,131,847
(b)
China
Power
International
Development
Ltd
773
908,412
China
Resources
Gas
Group
Ltd
2,656
826,373
China
Resources
Power
Holdings
Co
1,572
1,573,900
China
Three
Gorges
Renewables
Group
Co
Ltd
1,032
742,000
China
Water
Affairs
Group
Ltd
479
372,801
China
Yangtze
Power
Co
Ltd
1,138
595,791
Chubu
Electric
Power
Co,
Inc
7,584
435,100
Chugoku
Electric
Power
Co,
Inc
2,672
293,201
Cia
de
Saneamento
Basico
do
Estado
de
Sao
Paulo
3,560
168,300
Cia
de
Saneamento
de
Minas
Gerais
Copasa
MG
580
125,500
Cia
de
Saneamento
do
Parana
571
453,700
Cia
de
Saneamento
do
Parana
412
1,189,555
Cia
Energetica
de
Minas
Gerais
2,937
14,700
Cia
Energetica
do
Ceara
130
567,059
CK
Infrastructure
Holdings
Ltd
2,676
1,921,700
CK
Power
PCL
172
70,493
Clearway
Energy,
Inc
(Class
A)
1,404
136,496
Clearway
Energy,
Inc
(Class
C)
2,888
1,502,375
CLP
Holdings
Ltd
11,093
33,168
CMS
Energy
Corp
1,762
22,527,612
Colbun
S.A.
3,067
5,840,000
Concord
New
Energy
Group
Ltd
484
108,562
Consolidated
Edison,
Inc
9,285
354,528
Constellation
Energy
Corp
38,672
653,963
Contact
Energy
Ltd
3,151
71,318
(b)
Corp
ACCIONA
Energias
Renovables
S.A.
1,837
203,600
CPFL
Energia
S.A.
1,361
638,600
Datang
International
Power
Generation
Co
Ltd
233
4,289,128
Dominion
Energy,
Inc
191,595
74,509
(a)
Doral
Group
Renewable
Energy
Resources
Ltd
155
1,391,351
Drax
Group
plc
7,449
23,692
DTE
Energy
Co
2,352
135
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
182,400
Duke
Energy
Corp
$
16,099
1,469,774
E.ON
AG.
17,382
108,643
Edison
International
6,876
335,367
(b)
EDP
Renovaveis
S.A.
5,492
495,600
Electric
Power
Development
Co
8,003
161,617
Electricity
Generating
PCL
536
31,855
Elia
Group
S.A.
3,117
247,736
(b)
Emera,
Inc
8,649
1,693,937
Emirates
Central
Cooling
Systems
Corp
870
12,354
Enagas
205
93,492
Encavis
AG.
1,312
15,765
Endesa
S.A.
321
189,861
(a)
Enea
S.A.
317
25,834,868
Enel
Chile
S.A.
1,570
16,005,289
Enel
S.p.A.
98,156
2,516,657
Energias
de
Portugal
S.A.
10,464
179,933
Energisa
S.A.
1,673
249,035
Energix-Renewable
Energies
Ltd
737
1,321,444
Energy
Absolute
PCL
1,845
193,515
(c)
Enerjisa
Enerji
AS.
365
18,829,675
(a)
Enersis
S.A.
2,162
719,700
(a)
Eneva
S.A.
1,727
154,148
Engie
Brasil
Energia
S.A.
1,271
444,198
(a)
Engie
Energia
Chile
S.A.
408
3,695,010
Engie
S.A.
56,667
103,038
(a)
Enlight
Renewable
Energy
Ltd
1,625
609,535
ENN
Energy
Holdings
Ltd
5,023
133,500
ENN
Natural
Gas
Co
Ltd
319
24,339
Entergy
Corp
2,251
864,611
Equatorial
Energia
S.A.
5,515
26,243
(b)
eRex
Co
Ltd
134
49,640
ERG
S.p.A.
1,195
27,905
Essential
Utilities,
Inc
958
25,517
Evergy,
Inc
1,294
113,904
Eversource
Energy
6,624
28,662
EVN
AG.
766
199,138
Exelon
Corp
7,525
109,746
(a),(b)
Fersa
Energias
Renovables
S.A.
146
4,540,965
FirstEnergy
Corp
155,210
439,977
(b)
Fortis,
Inc
16,711
323,858
(b)
Fortum
Oyj
3,756
2,116,847
GAIL
India
Ltd
3,166
197,700
Gas
Malaysia
Bhd
128
587,200
GD
Power
Development
Co
Ltd
296
524,557
Global
Power
Synergy
PCL
643
53,969
(a),(b)
Greenvolt-Energias
Renovaveis
S.A.
304
11,381
(a),(b)
Grenergy
Renovables
S.A.
249
1,333,210
Guangdong
Investments
Ltd
1,016
141,552
Gujarat
Gas
Ltd
720
229,921
Gujarat
State
Petronet
Ltd
780
2,419,327
Gulf
Energy
Development
PCL
3,016
3,863,300
Gunkul
Engineering
PCL
330
679,515
Hera
S.p.A.
1,856
422,893
Hokkaido
Electric
Power
Co,
Inc
1,839
134,577
Hokuriku
Electric
Power
Co
725
328,661
(a)
Holding
CO
ADMIE
IPTO
S.A.
748
10,190,739
Hong
Kong
&
China
Gas
Ltd
7,091
1,258,512
Hong
Kong
Electric
Holdings
Ltd
6,078
296,319
Huadian
Power
International
Corp
Ltd
(Class
A)
209
228,366
Huaneng
Power
International,
Inc
-
A
246
3,752,751
Huaneng
Power
International,
Inc
-
H
1,816
299,329
(b)
Hydro
One
Ltd
7,621
CREF
Stock
Account
September
30,
2023
136
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
6,558,249
Iberdrola
S.A.
$
73,350
5,777
Idacorp,
Inc
541
279,279
Indraprastha
Gas
Ltd
1,526
693,663
Infratil
Ltd
4,246
127,858
(b)
Innergex
Renewable
Energy,
Inc
957
1,027,900
(a),(d)
Inter
Far
East
Energy
Corp
0^
407,481
Interconexion
Electrica
S.A.
ESP
1,490
1,142,731
Inversiones
Aguas
Metropolitanas
S.A.
859
2,359,648
Iride
S.p.A.
4,537
398,896
Italgas
S.p.A
2,041
2,886,272
(a)
Jaiprakash
Power
Ventures
Ltd
355
260,800
Jiangsu
Eastern
Shenghong
Co
Ltd
414
642,563
Kansai
Electric
Power
Co,
Inc
8,896
20,004
Kenon
Holdings
Ltd
464
2,833,015
Keppel
Infrastructure
Trust
964
16,567
KG
Eco
Technology
Service
Co
Ltd
152
109,936
Korea
Electric
Power
Corp
1,462
19,016
Korea
Gas
Corp
335
328,300
Kyushu
Electric
Power
Co,
Inc
2,136
43,248
Mahanagar
Gas
Ltd
535
4,445,800
Malakoff
Corp
Bhd
562
266,072
Manila
Electric
Co
1,731
765,300
Manila
Water
Co,
Inc
246
84,571
Margun
Enerji
Uretim
Sanayi
VE
Ticaret
AS.
202
369,300
Mega
First
Corp
BHD
267
608,687
Mercury
NZ
Ltd
2,224
1,091,371
Meridian
Energy
Ltd
3,356
73,882
MGE
Energy,
Inc
5,062
583,257
National
Central
Cooling
Co
PJSC
572
7,426
National
Fuel
Gas
Co
385
158,149
National
Gas
&
Industrialization
Co
2,667
6,178,443
National
Grid
plc
73,890
6,257
(b)
Naturgy
Energy
Group
S.A.
170
56,654
(b),(c)
Neoen
S.A.
1,648
306,854
New
Jersey
Resources
Corp
12,467
6,233,455
NextEra
Energy,
Inc
357,115
88,487
Nippon
Gas
Co
Ltd
1,310
47,530
NiSource,
Inc
1,173
229,106
(b)
Northland
Power
Income
Fund
3,731
57,200
Northwest
Natural
Holding
Co
2,183
314,698
NRG
Energy,
Inc
12,122
3,835,149
NTPC
Ltd
11,320
1,043,462
(a)
ODAS
Elektrik
Uretim
ve
Sanayi
Ticaret
AS.
503
22,905
OGE
Energy
Corp
763
34,001
Okinawa
Electric
Power
Co,
Inc
255
156,600
(a)
Omega
Energia
S.A.
306
104,332
(a)
OPC
Energy
Ltd
675
52,454
(a)
Opdenergy
Holdings
S.A.
318
1,465,571
Origin
Energy
Ltd
8,253
0
Ormat
Technologies,
Inc
(Foreign)
0^
209,815
Orsted
AS
11,415
318,980
Osaka
Gas
Co
Ltd
5,249
16,411
(a)
OY
Nofar
Energy
Ltd
381
217,958
Pennon
Group
plc
1,556
919,978
Petronas
Gas
BHD
3,300
1,465,835
(a),(b),(g)
PG&E
Corp
23,644
771,272
(a)
PGE
Polska
Grupa
Energetyczna
S.A.
1,319
87,871
Pinnacle
West
Capital
Corp
6,474
284,526
Portland
General
Electric
Co
11,518
68,979
Power
&
Water
Utility
Co
for
Jubail
&
Yanbu
1,154
4,153,115
Power
Grid
Corp
of
India
Ltd
9,969
84,625
PPL
Corp
1,994
137
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
9,114,500
PT
Perusahaan
Gas
Negara
Persero
Tbk
$
810
169,953
(a)
Public
Power
Corp
1,703
57,196
Public
Service
Enterprise
Group,
Inc
3,255
34,076
(a)
Pure
Cycle
Corp
327
402,697
Qatar
Electricity
&
Water
Co
QSC
1,938
361,540
Ratch
Group
PCL
312
20,142
Redeia
Corp
S.A.
317
924,217
Redes
Energeticas
Nacionais
S.A.
2,363
510,587
(a)
Reliance
Energy
Ltd
1,063
2,077,424
(a)
Reliance
Power
Ltd
480
32,300
(a),(b)
RENOVA,
Inc
244
82,809
Rubis
S.C.A
1,855
2,164,757
RWE
AG.
80,355
19,600
Saibu
Gas
Co
Ltd
253
1,372
Samchully
Co
Ltd
99
735,978
Saudi
Electricity
Co
3,745
92,869
(c)
Scatec
ASA
545
1,025,752
Scottish
&
Southern
Energy
plc
20,101
221,900
SDIC
Power
Holdings
Co
Ltd
358
759,100
SembCorp
Industries
Ltd
2,821
553,498
Sempra
Energy
37,654
574,477
Severn
Trent
plc
16,577
2,486
SGC
Energy
Co
Ltd
47
558,685
Shamal
Az-Zour
Al-Oula
for
the
First
Phase
of
Az-Zour
Power
Plant
KSC
336
41,400
Shanghai
Electric
Power
Co
Ltd
50
225,300
Shenergy
Co
Ltd
196
128,088
Shenzhen
Energy
Group
Co
Ltd
112
120,042
Shikoku
Electric
Power
Co,
Inc
821
76,000
Shinfox
Energy
Co
Ltd
260
28,110
Shizuoka
Gas
Co
Ltd
192
135,800
Sichuan
Chuantou
Energy
Co
Ltd
275
100,089
Snam
Rete
Gas
S.p.A.
470
63,023
(a),(b)
Solaria
Energia
y
Medio
Ambiente
S.A.
973
128,000
(a),(d)
Sound
Global
Ltd
0^
475,932
Southern
Co
30,802
109,840
Southwest
Gas
Holdings
Inc
6,635
638,300
SPCG
PCL
216
183,480
Spire,
Inc
10,381
13,228,300
(a)
Super
Energy
Corp
PCL
170
1,326,420
(b)
Superior
Plus
Corp
10,020
1,411,100
Synergy
Grid
&
Development
Phils,
Inc
212
445,213
Taiwan
Cogeneration
Corp
571
1,250,948
Tata
Power
Co
Ltd
3,942
967,115
(a)
Tauron
Polska
Energia
S.A.
793
59,170
Telecom
Plus
plc
1,076
2,388,704
Tenaga
Nasional
BHD
5,080
46,105
Terna
Energy
S.A.
712
1,167,126
Terna
Rete
Elettrica
Nazionale
S.p.A.
8,778
208,000
Tian
Lun
Gas
Holdings
Ltd
103
61,000
Toho
Gas
Co
Ltd
1,062
382,400
Tohoku
Electric
Power
Co,
Inc
2,470
1,384,951
(a)
Tokyo
Electric
Power
Co,
Inc
6,178
383,710
Tokyo
Gas
Co
Ltd
8,700
117,636
Torrent
Power
Ltd
1,045
907,000
(b)
Towngas
Smart
Energy
Co
Ltd
398
2,315,000
TPI
Polene
Power
PCL
211
187,670
(b)
TransAlta
Corp
1,635
89,301
TransAlta
Renewables,
Inc
808
170,700
Transmissora
Alianca
de
Energia
Eletrica
S
1,174
1,147,700
TTW
PCL
285
119,729
UGI
Corp
2,754
33,846
United
Utilities
Group
plc
391
CREF
Stock
Account
September
30,
2023
138
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
779,655
Veolia
Environnement
$
22,537
78,236
Verbund
AG.
6,365
536,703
Vistra
Corp
17,808
28,917
(a),(b)
Voltalia
S.A.
313
1,266,962
WEC
Energy
Group,
Inc
102,054
21,530
West
Holdings
Corp
462
934,000
WHA
Utilities
and
Power
PCL
99
1,733,500
(a)
Wintime
Energy
Group
Co
Ltd
330
615,089
Xcel
Energy,
Inc
35,195
8,710
York
Water
Co
327
1,789,900
YTL
Power
International
BHD
781
901,700
Zhejiang
Zheneng
Electric
Power
Co
Ltd
525
1,446,287
(a)
Zorlu
Enerji
Elektrik
Uretim
AS
301
TOTAL
UTILITIES
2,573,741
TOTAL
COMMON
STOCKS
108,015,880
(Cost
$101,897,515)
EXPIRATION
DATE
RIGHTS/WARRANTS
-
0.0%
AUTOMOBILES
&
COMPONENTS
-
0.0%
597,663
(d)
Brembo
S.p.A
10/03/23
6
TOTAL
AUTOMOBILES
&
COMPONENTS
6
BANKS
-
0.0%
4,115
Banco
de
Credito
e
Inversiones
S.A.
10/21/23
4
TOTAL
BANKS
4
CAPITAL
GOODS
-
0.0%
6,272
Hanwha
Ocean
Co
Ltd
11/09/23
43
26,206
(b),(d)
Webuild
S.p.A
08/02/30
24
TOTAL
CAPITAL
GOODS
67
CONSUMER
DURABLES
&
APPAREL
-
0.0%
1,326,886
(b)
Cie
Financiere
Richemont
S.A.
11/27/23
985
TOTAL
CONSUMER
DURABLES
&
APPAREL
985
CONSUMER
SERVICES
-
0.0%
90,578
PointsBet
Holdings
Ltd
07/08/24
1
TOTAL
CONSUMER
SERVICES
1
ENERGY
-
0.0%
8,715
(b)
Weatherford
International
plc
12/13/23
21
TOTAL
ENERGY
21
FINANCIAL
SERVICES
-
0.0%
1,059
Magellan
Financial
Group
Ltd
04/16/27
0^
TOTAL
FINANCIAL
SERVICES
0^
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.0%
780
Lunit,
Inc
11/02/23
22
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
22
139
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
EXPIRATION
DATE
VALUE
(000)
MATERIALS
-
0.0%
1,674
Cosmochemical
Co
Ltd
10/17/23
$
9
84,886
(b)
Synthomer
plc
10/12/23
31
TOTAL
MATERIALS
40
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.0%
12,599
(d)
Chinook
Therapeutics,
Inc
0^
20,027
(b),(d)
Tobira
Therapeutics,
Inc
1
2,881
Vaxcell-Bio
Therapeutics
Co
Ltd
11/02/23
12
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
13
SOFTWARE
&
SERVICES
-
0.0%
19,369
(d)
Constellation
Software,
Inc
08/22/28
99
TOTAL
SOFTWARE
&
SERVICES
99
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.0%
1,062
CosmoAM&T
Co
Ltd
11/07/23
23
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
23
TRANSPORTATION
-
0.0%
790,564
Gol
Linhas
Aereas
Inteligentes
S.A.
09/26/23
2
35,226
Localiza
Rent
a
Car
S.A.
11/10/23
112
TOTAL
TRANSPORTATION
114
TOTAL
RIGHTS/WARRANTS
1,395
(Cost
$1,373)
TOTAL
LONG-TERM
INVESTMENTS
108,017,523‌
(Cost
$101,899,162)
PRINCIPAL
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS
-
0.5%
GOVERNMENT
AGENCY
DEBT
-
0.2%
$
106,236,000
Federal
Home
Loan
Bank
(FHLB)
0.000
%
10/13/23
106,070
3,000,000
FHLB
0.000
10/20/23
2,992
10,000,000
FHLB
0.000
10/30/23
9,959
55,000,000
FHLB
0.000
10/31/23
54,768
32,500,000
FHLB
0.000
11/01/23
32,358
35,000,000
FHLB
0.000
11/03/23
34,841
25,000,000
FHLB
0.000
11/20/23
24,826
TOTAL
GOVERNMENT
AGENCY
DEBT
265,814
REPURCHASE
AGREEMENT
-
0.1%
91,407,000
(h),(j)
Fixed
Income
Clearing
Corp
(FICC)
5.300
10/02/23
91,407
TOTAL
REPURCHASE
AGREEMENT
91,407
TREASURY
DEBT
-
0.2%
25,000,000
United
States
Treasury
Bill
0.000
10/10/23
24,971
20,000,000
United
States
Treasury
Bill
0.000
10/17/23
19,956
20,000,000
United
States
Treasury
Bill
0.000
10/19/23
19,950
30,000,000
United
States
Treasury
Bill
0.000
10/26/23
29,894
58,050,000
United
States
Treasury
Bill
0.000
11/02/23
57,785
30,000,000
United
States
Treasury
Bill
0.000
11/07/23
29,842
TOTAL
TREASURY
DEBT
182,398
TOTAL
SHORT-TERM
INVESTMENTS
539,619
(Cost
$539,538)
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.8%
CERTIFICATE
OF
DEPOSIT
-
0.3%
9,000,000
Australia
and
New
Zealand
Banking
Group
5.560
02/28/24
9,000
40,000,000
BNP
Paribas
Securities
Corp
5.290
10/02/23
40,000
CREF
Stock
Account
September
30,
2023
140
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
DATE
VALUE
(000)
$
5,000,000
Citibank
NA
5.920
%
08/07/24
$
5,000
5,000,000
Citibank
NA
6.010
09/19/24
5,000
11,000,000
Credit
Agricole
5.710
12/01/23
11,000
12,000,000
DNB
Bank
ASA
5.660
11/17/23
12,000
5,000,000
ING
US
Funding
LLC
5.790
02/09/24
5,000
9,000,000
MUFG
Bank
5.820
10/06/23
9,000
4,500,000
MUFG
Bank
5.630
12/11/23
4,500
5,500,000
MUFG
Bank
5.730
02/06/24
5,500
9,000,000
MUFG
Bank
5.710
03/13/24
9,000
10,000,000
National
Australia
Bank
5.660
11/28/23
10,000
10,000,000
National
Australia
Bank
5.800
11/30/23
10,000
11,000,000
National
Australia
Bank
5.510
12/01/23
11,000
9,000,000
National
Australia
Bank
5.560
03/06/24
9,000
12,000,000
National
Bank
of
Canada
5.660
02/01/24
12,000
9,000,000
NATixis
5.810
11/06/23
9,000
12,000,000
NATixis
5.730
12/08/23
12,000
5,000,000
Nordea
Bank
AB
publ
5.680
03/08/24
5,000
5,000,000
Nordea
Bank
AB
publ
5.830
04/05/24
5,000
11,000,000
Royal
Bank
of
Canada
5.730
11/22/23
11,000
10,000,000
Royal
Bank
of
Canada
5.840
02/21/24
10,000
9,000,000
Royal
Bank
of
Canada
6.010
03/27/24
9,000
9,000,000
Skandinaviska
Enskilda
Banken
5.780
10/03/23
9,000
5,000,000
Skandinaviska
Enskilda
Banken
AG
5.560
12/26/23
5,000
5,000,000
Skandinaviska
Enskilda
Banken
AG
5.840
04/12/24
5,000
8,250,000
The
Canadian
Imperial
Bank
of
Commerce
5.760
10/23/23
8,250
5,000,000
The
Canadian
Imperial
Bank
of
Commerce
6.010
04/01/24
5,000
10,000,000
The
Canadian
Imperial
Bank
of
Commerce
5.910
05/03/24
10,000
TOTAL
CERTIFICATE
OF
DEPOSIT
270,250
COMMERCIAL
PAPER
-
0.0%
10,000,000
ING
US
Funding
LLC
5.910
04/24/24
10,000
5,000,000
ING
US
Funding
LLC
5.800
07/08/24
4,999
10,000,000
Lloyds
Bank
PLC
0.000
10/23/23
9,967
TOTAL
COMMERCIAL
PAPER
24,966
REPURCHASE
AGREEMENT
-
0.5%
36,000,000
(k)
Calyon
5.300
10/02/23
36,000
18,506,000
(l)
Citigroup
5.250
10/02/23
18,506
50,000,000
(m)
Citigroup
5.310
10/02/23
50,000
40,000,000
(n)
HSBC
5.310
10/02/23
40,000
55,000,000
(o)
JP
Morgan
5.300
10/02/23
55,000
50,000,000
(p)
JP
Morgan
5.310
10/02/23
50,000
135,000,000
(q)
Merrill
Lynch
5.300
10/02/23
135,000
66,000,000
(r)
Nomura
5.290
10/02/23
66,000
50,000,000
(s)
Royal
Bank
of
Scotland
5.290
10/02/23
50,000
25,000,000
(t)
Societe
Generale
5.300
10/02/23
25,000
TOTAL
REPURCHASE
AGREEMENT
525,506
VARIABLE
RATE
SECURITIES
-
0.0%
8,000,000
(u)
Mizuho
Bank
Ltd
5.830
10/11/23
8,000
10,000,000
(u)
Mizuho
Bank
Ltd
5.780
10/26/23
10,000
5,000,000
Mizuho
Bank
Ltd
5.740
02/01/24
5,000
TOTAL
VARIABLE
RATE
SECURITIES
23,000
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
843,722
(Cost
$843,722)
TOTAL
INVESTMENTS
-
100.6%
109,400,864
(Cost
$103,282,422)
OTHER
ASSETS
&
LIABILITIES,
NET
-
(0.6)%
(603,499)
NET
ASSETS
-
100.0%
$108,797,365
141
See
Notes
to
Portfolio
of
Investments
Cost
amounts
are
in
thousands.
Principal
denominated
in
U.S.
Dollars,
unless
otherwise
noted. 
ADR
American
Depositary
Receipt
ETF
Exchange
Traded
Fund
GDR
Global
Depositary
Receipt
INR
Indian
Rupee
REIT
Real
Estate
Investment
Trust
SPDR
Standard
&
Poor's
Depositary
Receipts
^
Amount
represents
less
than
$1,000.
(a)
Non-income
producing
(b)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$1,309,998,245.
(c)
Security
is
exempt
from
registration
under
Rule
144(A)
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
(d)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(e)
When-issued
or
delayed
delivery
security.
(f)
Affiliated
holding
(g)
In
bankruptcy
(h)
In
default
(i)
All
or
a
portion
of
these
securities
have
been
segregated
to
cover
margin
requirements
on
open
futures
contracts.
(j)
Agreement
with
Fixed
Income
Clearing
Corp
(FICC),
5.300%
dated
9/29/23
to
be
repurchased
at
$91,407,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
4.125%
and
maturity
date
8/31/30,
valued
at
$93,235,192.
(k)
Agreement
with
Calyon,
5.300%
dated
9/29/23
to
be
repurchased
at
$36,000,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
0.750%
and
maturity
date
4/30/26,
valued
at
$36,720,060.
(l)
Agreement
with
Citigroup,
5.250%
dated
9/29/23
to
be
repurchased
at
$18,506,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
0.125%–4.000%
and
maturity
dates
10/31/23–7/31/30,
valued
at
$18,876,204.
(m)
Agreement
with
Citigroup,
5.310%
dated
9/29/23
to
be
repurchased
at
$50,000,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
4.000%–5.000%
and
maturity
date
10/1/52,
valued
at
$51,000,209.
(n)
Agreement
with
HSBC,
5.310%
dated
9/29/23
to
be
repurchased
at
$40,000,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
3.500%
and
maturity
date
10/1/52,
valued
at
$40,800,000.
(o)
Agreement
with
JP
Morgan,
5.300%
dated
9/29/23
to
be
repurchased
at
$55,000,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
2.500%–10.000%
and
maturity
dates
11/15/23–9/20/63,
valued
at
$56,100,000.
(p)
Agreement
with
JP
Morgan,
5.310%
dated
9/29/23
to
be
repurchased
at
$50,000,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
3.268%–6.000%
and
maturity
dates
9/1/32–9/20/53,
valued
at
$51,000,000.
(q)
Agreement
with
Merrill
Lynch,
5.300%
dated
9/29/23
to
be
repurchased
at
$135,000,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
2.500%–6.500%
and
maturity
dates
2/20/31–9/20/53,
valued
at
$137,700,001.
(r)
Agreement
with
Nomura,
5.290%
dated
9/29/23
to
be
repurchased
at
$66,000,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
1.500%–4.000%
and
maturity
dates
12/31/24–5/15/43,
valued
at
$67,386,808.
(s)
Agreement
with
Royal
Bank
of
Scotland,
5.290%
dated
9/29/23
to
be
repurchased
at
$50,000,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
0.750%–3.625%
and
maturity
dates
11/15/24–5/15/26,
valued
at
$51,000,049.
(t)
Agreement
with
Societe
Generale,
5.300%
dated
9/29/23
to
be
repurchased
at
$25,000,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
3.500%
and
maturity
date
2/15/33,
valued
at
$25,500,047.
(u)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
unless
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
Futures
Contracts
-
Long
Description
Number
of
Contracts
(000)
Expiration
Date
Notional
Amount
(000)
Value
(000)
Unrealized
Appreciation
(Depreciation)
(000)
Russell
2000
E
Mini
Index
214‌
12/15/23
 $
20,035‌
$
19,245‌
$
(790‌)
S&P
500
E
Mini
Index
1,419‌
12/15/23
320,080‌
306,894‌
(13,186‌)
S&P
Mid-Cap
400
E
Mini
Index
127‌
12/15/23
33,040‌
32,009‌
(1,031‌)
Total
1,760‌
 $
373,155‌
 $
358,148‌
 $
(15,007‌)
CREF
Global
Equities
Account
September
30,
2023
Portfolio
of
Investments
142
See
Notes
to
Portfolio
of
Investments
(Unaudited)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
LONG-TERM
INVESTMENTS
-
98.2%
CORPORATE
BONDS
-
0.0%
INDIA
-
0.0%
INR
1,191,204
Britannia
Industries
Ltd
5
.500
%
06/03/24
$
14
TOTAL
INDIA
14
TOTAL
CORPORATE
BONDS
14
(Cost
$17)
SHARES
REFERENCERATE
&
SPREAD
COMMON
STOCKS
-
98.2%
AUSTRALIA
-
1.6%
224,388
AMP
Ltd
180
206,366
APA
Group
1,098
1,950,500
Australia
&
New
Zealand
Banking
Group
Ltd
31,991
42,503
Australian
Stock
Exchange
Ltd
1,555
1,164,864
BHP
Billiton
Ltd
32,722
44,118
Cochlear
Ltd
7,226
358,112
Commonwealth
Bank
of
Australia
22,875
153,212
Endeavour
Group
Ltd
517
166,071
(a)
Flutter
Entertainment
plc
27,021
69,166
(a)
Flutter
Entertainment
plc
11,283
24,825,177
Glencore
plc
141,367
4,317,113
Ingenia
Communities
Group
11,551
507,415
Insurance
Australia
Group
Ltd
1,841
77,029
Macquarie
Group
Ltd
8,249
28,820
Magellan
Financial
Group
Ltd
170
604,671
Medibank
Pvt
Ltd
1,335
283,513
(a)
Megaport
Ltd
2,129
293,592
Mineral
Resources
Ltd
12,607
685,400
National
Australia
Bank
Ltd
12,724
203,808
(a)
Qantas
Airways
Ltd
675
322,581
QBE
Insurance
Group
Ltd
3,231
196,082
Sonic
Healthcare
Ltd
3,744
276,854
Suncorp-Metway
Ltd
2,467
93,879,773
(a),(b)
Tamboran
Resources
Ltd
8,752
793,474
Telstra
Corp
Ltd
1,960
87,408
Wesfarmers
Ltd
2,958
756,710
Westpac
Banking
Corp
10,229
113,890
Woodside
Energy
Group
Ltd
2,648
153,212
Woolworths
Ltd
3,668
TOTAL
AUSTRALIA
368,773
AUSTRIA
-
0.1%
232,820
(c)
BAWAG
Group
AG.
10,641
11,949
Verbund
AG.
972
TOTAL
AUSTRIA
11,613
BELGIUM
-
0.1%
239,884
KBC
Groep
NV
14,935
106,865
UCB
S.A.
8,753
TOTAL
BELGIUM
23,688
BERMUDA
-
0.1%
125,000
(a)
Fidelis
Insurance
Holdings
Ltd
1,835
143
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
55,393
RenaissanceRe
Holdings
Ltd
$
10,963
TOTAL
BERMUDA
12,798
BRAZIL
-
1.2%
1,017,400
Ambev
S.A.
2,654
124,700
Atacadao
S.A.
221
1,323,600
B3
SA-Brasil
Bolsa
Balcao
3,236
1,900,818
Banco
Bradesco
S.A.
4,787
15,629,918
Banco
Bradesco
S.A.
(Preference)
44,465
824,200
Banco
BTG
Pactual
S.A.
-
Unit
5,094
70,532
Banco
do
Brasil
S.A.
662
26,000
Banco
Santander
Brasil
S.A.
135
151,300
BB
Seguridade
Participacoes
S.A.
939
259,373
Centrais
Eletricas
Brasileiras
S.A.
1,904
54,100
Centrais
Eletricas
Brasileiras
S.A.
434
190,600
Cia
de
Concessoes
Rodoviarias
489
73,700
Cia
de
Saneamento
Basico
do
Estado
de
Sao
Paulo
895
299,213
Cia
Energetica
de
Minas
Gerais
739
125,400
Cia
Siderurgica
Nacional
S.A.
303
2,296,738
Companhia
Vale
do
Rio
Doce
(ADR)
30,776
262,168
Cosan
SA
Industria
e
Comercio
894
50,400
CPFL
Energia
S.A.
337
43,600
Energisa
S.A.
405
176,700
(a)
Eneva
S.A.
424
39,650
Engie
Brasil
Energia
S.A.
327
216,189
Equatorial
Energia
S.A.
1,379
246,790
Gerdau
S.A.
(Preference)
1,185
679,257
(a),(c)
Hapvida
Participacoes
e
Investimentos
S.A.
635
139,600
Hypera
S.A.
1,031
411,380
Investimentos
Itau
S.A.
-
PR
741
12,313,219
Itau
Unibanco
Holding
S.A.
66,655
5,251
(a),(d)
Itausa
S.A.
9
161,000
Klabin
S.A.
763
1,327,244
Localiza
Rent
A
Car
15,463
202,792
Lojas
Renner
S.A.
541
19,999,400
(a)
Magazine
Luiza
S.A.
8,435
12,443
(a)
Mercadolibre,
Inc
15,776
187,395
(a)
Natura
&
Co
Holding
S.A.
543
1,877,864
(a)
NU
Holdings
Ltd
13,614
2,218,200
(a)
Petro
Rio
S.A.
20,759
832,700
Petroleo
Brasileiro
S.A.
6,277
1,059,938
Petroleo
Brasileiro
S.A.
(Preference)
7,304
270,644
Raia
Drogasil
S.A.
1,487
91,029
(c)
Rede
D'Or
Sao
Luiz
S.A.
460
272,900
Rumo
S.A.
1,239
281,359
Sendas
Distribuidora
S.A.
681
168,722
Suzano
SA
1,822
94,700
Telefonica
Brasil
S.A.
813
190,500
TIM
S.A.
564
97,700
TOTVS
S.A.
525
171,000
Ultrapar
Participacoes
S.A.
638
733,064
Vale
S.A.
9,856
244,700
Vibra
Energia
S.A.
921
358,820
WEG
S.A.
2,589
134,000
XP,
Inc
3,089
TOTAL
BRAZIL
285,914
CANADA
-
2.3%
197,969
Agnico-Eagle
Mines
Ltd
8,996
1,108,234
Alimentation
Couche-Tard,
Inc
56,283
434,231
Bank
of
Montreal
36,631
266,360
(e)
Bank
of
Nova
Scotia
11,939
CREF
Global
Equities
Account
September
30,
2023
144
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
15,424
Brookfield
Asset
Management
Ltd
$
514
61,268
(a),(e)
Brookfield
Corp
1,916
423
Brookfield
Reinsurance
Ltd
13
731,199
Cameco
Corp
29,011
195,466
Canadian
Imperial
Bank
of
Commerce
7,545
405,807
Canadian
National
Railway
Co
43,946
202,153
Canadian
Natural
Resources
Ltd
13,074
45,888
(e)
CI
Financial
Corp
522
477,226
Dollarama,
Inc
32,880
5,872
Fairfax
Financial
Holdings
Ltd
4,793
14,632
First
Capital
Real
Estate
Investment
Trust
143
42,224
Franco-Nevada
Corp
5,637
61,101
Great-West
Lifeco
Inc
1,748
23,480
iA
Financial
Corp,
Inc
1,473
18,204
(e)
IGM
Financial,
Inc
462
41,135
Imperial
Oil
Ltd
2,534
31,398
Intact
Financial
Corp
4,578
557,063
(a)
Ivanhoe
Mines
Ltd
4,774
735,871
Kinross
Gold
Corp
3,354
724,647
(a),(e)
Lightspeed
Commerce,
Inc
10,180
425,828
Manulife
Financial
Corp
7,781
73,740
National
Bank
of
Canada
4,899
571,876
(a)
NexGen
Energy
Ltd
3,423
239,353
(e)
Nutrien
Ltd
14,781
18,277
Onex
Corp
1,074
281,948
(e)
Pan
American
Silver
Corp
(Toronto)
4,081
40,163
Parex
Resources,
Inc
754
122,014
(e)
Power
Corp
of
Canada
3,106
122,537
RioCan
Real
Estate
Investment
Trust
1,630
312,514
Royal
Bank
of
Canada
27,311
1,661,741
(a)
Shopify,
Inc
(Class
A)
90,706
128,359
Sun
Life
Financial,
Inc
6,263
459,862
Suncor
Energy,
Inc
15,815
734,638
Teck
Cominco
Ltd
(Class
B)
31,619
38,094
Thomson
Reuters
Corp
4,660
61,860
TMX
Group
Ltd
1,329
389,235
Toronto-Dominion
Bank
23,450
12,006
West
Fraser
Timber
Co
Ltd
872
TOTAL
CANADA
526,500
CHILE
-
0.1%
13,689,013
Banco
de
Chile
1,393
5,114
Banco
de
Credito
e
Inversiones
131
5,304,714
Banco
Santander
Chile
S.A.
245
287,124
Cencosud
S.A.
544
24,384
Cia
Cervecerias
Unidas
S.A.
155
3,151,319
Cia
Sud
Americana
de
Vapores
S.A.
189
242,325
Empresas
CMPC
S.A.
446
89,097
Empresas
COPEC
S.A.
632
6,561,872
Enel
Chile
S.A.
399
4,714,399
(a)
Enersis
S.A.
541
661,359
(e)
Lundin
Mining
Corp
4,933
182,766
SACI
Falabella
408
30,849
Sociedad
Quimica
y
Minera
de
Chile
S.A.
(Class
B)
1,832
TOTAL
CHILE
11,848
CHINA
-
2.5%
25,000
360
Finance,
Inc
(ADR)
384
41,200
360
Security
Technology,
Inc
55
38,200
37
Interactive
Entertainment
Network
Technology
Group
Co
Ltd
114
1,347
3peak,
Inc
34
156,000
(c)
3SBio,
Inc
130
145
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
62,500
AAC
Technologies
Holdings,
Inc
$
107
13,300
Accelink
Technologies
Co
Ltd
59
8,252
Advanced
Micro-Fabrication
Equipment,
Inc
China
171
12,600
AECC
Aero-Engine
Control
Co
Ltd
37
34,000
AECC
Aviation
Power
Co
Ltd
173
12,135,000
Agricultural
Bank
of
China
Ltd
4,513
470,900
Agricultural
Bank
of
China
Ltd
(Class
A)
232
230,405
Aier
Eye
Hospital
Group
Co
Ltd
570
9,700
AIMA
Technology
Group
Co
Ltd
39
55,700
(a)
Air
China
Ltd
62
148,000
(a)
Air
China
Ltd
(H
shares)
100
30,207
Airtac
International
Group
918
142,000
(a),(c)
Akeso,
Inc
651
3,785,772
(a)
Alibaba
Group
Holding
Ltd
41,046
743,035
(a)
Alibaba
Group
Holding
Ltd
(ADR)
64,451
454,000
(a)
Alibaba
Health
Information
Technology
Ltd
280
912,000
Aluminum
Corp
of
China
Ltd
507
194,200
Aluminum
Corp
of
China
Ltd
(Class
A)
167
5,636
(a)
Amlogic
Shanghai
Co
Ltd
49
8,300
Angel
Yeast
Co
Ltd
38
108,500
Anhui
Conch
Cement
Co
Ltd
287
20,000
Anhui
Conch
Cement
Co
Ltd
(Class
A)
72
27,800
Anhui
Gujing
Distillery
Co
Ltd
466
5,400
Anhui
Gujing
Distillery
Co
Ltd
(Class
A)
202
5,630
Anhui
Honglu
Steel
Construction
Group
Co
Ltd
22
25,600
(a)
Anhui
Jianghuai
Automobile
Group
Corp
Ltd
46
9,100
Anhui
Kouzi
Distillery
Co
Ltd
65
9,800
Anhui
Yingjia
Distillery
Co
Ltd
99
4,900
Anker
Innovations
Technology
Co
Ltd
63
278,000
Anta
Sports
Products
Ltd
3,111
8,400
Apeloa
Pharmaceutical
Co
Ltd
21
14,800
(a)
Asia-Potash
International
Investment
Guangzhou
Co
Ltd
57
5,263
(a)
ASR
Microelectronics
Co
Ltd
45
1,820
Asymchem
Laboratories
Tianjin
Co
Ltd
38
2,800
Autobio
Diagnostics
Co
Ltd
18
5,700
Autohome,
Inc
(ADR)
173
24,200
Avary
Holding
Shenzhen
Co
Ltd
68
6,200
AVIC
Industry-Finance
Holdings
Co
Ltd
3
88,000
AviChina
Industry
&
Technology
Co
Ltd
42
5,600
AVICOPTER
plc
29
33,600
(a)
BAIC
BluePark
New
Energy
Technology
Co
Ltd
24
507,416
(a)
Baidu,
Inc
8,540
132,900
Bank
of
Beijing
Co
Ltd
84
93,100
Bank
of
Changsha
Co
Ltd
105
18,800
Bank
of
Chengdu
Co
Ltd
36
215,500
Bank
of
China
Ltd
-
A
111
17,351,000
Bank
of
China
Ltd
-
H
6,045
233,300
Bank
of
Communications
Co
Ltd
-
A
184
804,000
Bank
of
Communications
Co
Ltd
-
H
486
29,400
Bank
of
Hangzhou
Co
Ltd
45
69,380
Bank
of
Jiangsu
Co
Ltd
68
44,300
Bank
of
Nanjing
Co
Ltd
49
33,500
Bank
of
Ningbo
Co
Ltd
124
64,522
Bank
of
Shanghai
Co
Ltd
55
73,500
Bank
of
Suzhou
Co
Ltd
69
341,600
Baoshan
Iron
&
Steel
Co
Ltd
285
56,700
(a)
BeiGene
Ltd
782
18,000
(a)
BeiGene
Ltd
(ADR)
3,238
518,000
(a)
Beijing
Capital
International
Airport
Co
Ltd
240
65,200
Beijing
Dabeinong
Technology
Group
Co
Ltd
60
3,900
Beijing
Easpring
Material
Technology
Co
Ltd
23
12,700
Beijing
E-Hualu
Information
Technology
Co
Ltd
60
CREF
Global
Equities
Account
September
30,
2023
146
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
44,600
Beijing
Enlight
Media
Co
Ltd
$
53
48,500
Beijing
Enterprises
Holdings
Ltd
167
342,000
Beijing
Enterprises
Water
Group
Ltd
74
6,302
Beijing
Kingsoft
Office
Software,
Inc
321
23,500
Beijing
New
Building
Materials
plc
97
6,000
Beijing
Oriental
Yuhong
Waterproof
Technology
Co
Ltd
22
580
Beijing
Roborock
Technology
Co
Ltd
23
14,851
Beijing
Shiji
Information
Technology
Co
Ltd
23
8,000
Beijing
Tiantan
Biological
Products
Corp
Ltd
28
6,900
Beijing
Tongrentang
Co
Ltd
52
6,300
Beijing
United
Information
Technology
Co
Ltd
29
2,760
Beijing
Wantai
Biological
Pharmacy
Enterprise
Co
Ltd
18
44,400
Beijing
Yanjing
Brewery
Co
Ltd
61
184,200
Beijing-Shanghai
High
Speed
Railway
Co
Ltd
130
105,700
(a)
Beiqi
Foton
Motor
Co
Ltd
50
4,400
Bethel
Automotive
Safety
Systems
Co
Ltd
44
3,400
Betta
Pharmaceuticals
Co
Ltd
27
2,200
BGI
Genomics
Co
Ltd
16
40,080
(a)
Bilibili,
Inc
552
1,770
Bloomage
Biotechnology
Corp
Ltd
21
18,700
(c)
BOC
Aviation
Ltd
130
812,000
BOC
Hong
Kong
Holdings
Ltd
2,217
14,900
BOC
International
China
Co
Ltd
23
189,300
BOE
Technology
Group
Co
Ltd
100
868,000
Bosideng
International
Holdings
Ltd
373
11,800
BTG
Hotels
Group
Co
Ltd
28
23,100
BYD
Co
Ltd
755
226,500
BYD
Co
Ltd
(H
shares)
6,979
65,000
BYD
Electronic
International
Co
Ltd
295
22,060
By-health
Co
Ltd
57
176,000
C&D
International
Investment
Group
Ltd
427
30,030
Caitong
Securities
Co
Ltd
33
6,392
(a)
Cambricon
Technologies
Corp
Ltd
109
6,760
Canmax
Technologies
Co
Ltd
24
49,600
CECEP
Solar
Energy
Co
Ltd
39
93,770
CECEP
Wind-Power
Corp
42
970,000
(c)
CGN
Power
Co
Ltd
251
2,000
Changchun
High
&
New
Technology
Industry
Group,
Inc
38
24,000
Changjiang
Securities
Co
Ltd
19
3,000
Changzhou
Xingyu
Automotive
Lighting
Systems
Co
Ltd
62
26,600
Chaozhou
Three-Circle
Group
Co
Ltd
113
4,500
Chengxin
Lithium
Group
Co
Ltd
14
5,500
(a)
Chifeng
Jilong
Gold
Mining
Co
Ltd
11
22,600
China
Baoan
Group
Co
Ltd
32
854,000
China
Cinda
Asset
Management
Co
Ltd
86
6,156,000
China
Citic
Bank
2,857
553,000
China
Coal
Energy
Co
433
224,000
China
Communications
Services
Corp
Ltd
94
110,500
China
Conch
Venture
Holdings
Ltd
94
93,500
China
Construction
Bank
Corp
-
A
81
21,102,000
China
Construction
Bank
Corp
-
H
11,863
61,000
China
CSSC
Holdings
Ltd
233
75,900
(a)
China
Eastern
Airlines
Corp
Ltd
46
480,900
China
Energy
Engineering
Corp
Ltd
149
278,300
China
Everbright
Bank
Co
Ltd
-
A
117
407,000
China
Everbright
Bank
Co
Ltd
-
H
122
305,555
China
Everbright
Environment
Group
Ltd
105
829,000
(c)
China
Feihe
Ltd
487
10,600
China
Film
Co
Ltd
21
324,000
China
Galaxy
Securities
Co
Ltd
167
24,500
China
Galaxy
Securities
Co
Ltd
(Class
A)
37
228,400
China
Gas
Holdings
Ltd
215
147
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
9,700
China
Great
Wall
Securities
Co
Ltd
$
11
27,400
China
Greatwall
Technology
Group
Co
Ltd
39
568,000
China
Hongqiao
Group
Ltd
553
377,000
China
Insurance
International
Holdings
Co
Ltd
373
9,100
China
International
Capital
Corp
Ltd
47
358,000
(c)
China
International
Capital
Corp
Ltd
653
194,000
China
Jinmao
Holdings
Group
Ltd
25
19,429
China
Jushi
Co
Ltd
36
1,684,000
China
Life
Insurance
Co
Ltd
2,610
42,000
China
Life
Insurance
Co
Ltd
(Class
A)
210
98,200
(a),(c)
China
Literature
Ltd
357
281,000
China
Longyuan
Power
Group
Corp
Ltd
244
112,000
China
Medical
System
Holdings
Ltd
169
21,700
China
Meheco
Co
Ltd
37
140,000
China
Meidong
Auto
Holdings
Ltd
76
699,000
China
Mengniu
Dairy
Co
Ltd
2,332
1,276,500
China
Merchants
Bank
Co
Ltd
5,300
574,700
China
Merchants
Bank
Co
Ltd
(Class
A)
2,614
165,600
China
Merchants
Energy
Shipping
Co
Ltd
146
115,426
China
Merchants
Holdings
International
Co
Ltd
143
36,020
China
Merchants
Securities
Co
Ltd
69
125,000
China
Merchants
Shekou
Industrial
Zone
Holdings
Co
Ltd
213
192,400
China
Minsheng
Banking
Corp
Ltd
-
A
101
2,383,300
China
Minsheng
Banking
Corp
Ltd
-
H
814
885,000
China
Molybdenum
Co
Ltd
565
234,000
China
Molybdenum
Co
Ltd
(Class
A)
190
328,000
China
National
Building
Material
Co
Ltd
172
32,900
China
National
Chemical
Engineering
Co
Ltd
35
6,100
China
National
Medicines
Corp
Ltd
28
94,300
China
National
Nuclear
Power
Co
Ltd
94
42,300
China
Northern
Rare
Earth
Group
High-Tech
Co
Ltd
127
532,000
China
Oilfield
Services
Ltd
637
612,435
China
Overseas
Land
&
Investment
Ltd
1,265
45,000
China
Overseas
Property
Holdings
Ltd
51
98,600
China
Pacific
Insurance
Group
Co
Ltd
-
A
389
603,200
China
Pacific
Insurance
Group
Co
Ltd
-
H
1,502
413,000
China
Power
International
Development
Ltd
150
102,500
China
Railway
Group
Ltd
-
A
96
966,000
China
Railway
Group
Ltd
-
H
497
180,220
China
Railway
Signal
&
Communication
Corp
Ltd
130
13,800
China
Rare
Earth
Resources
And
Technology
Co
Ltd
55
358,000
China
Resources
Beer
Holdings
Company
Ltd
1,956
215,999
China
Resources
Cement
Holdings
Ltd
55
240,400
China
Resources
Gas
Group
Ltd
703
735,836
China
Resources
Land
Ltd
2,922
18,087
China
Resources
Microelectronics
Ltd
134
163,800
(c)
China
Resources
Mixc
Lifestyle
Services
Ltd
659
133,000
(c)
China
Resources
Pharmaceutical
Group
Ltd
88
162,000
China
Resources
Power
Holdings
Co
308
4,700
China
Resources
Sanjiu
Medical
&
Pharmaceutical
Co
Ltd
32
1,188,000
(a),(e)
China
Ruyi
Holdings
Ltd
307
112,200
China
Shenhua
Energy
Co
Ltd
-
A
481
784,000
China
Shenhua
Energy
Co
Ltd
-
H
2,537
126,000
(e)
China
Shipping
Development
Co
Ltd
137
154,000
(a),(e)
China
Southern
Airlines
Co
Ltd
75
46,700
(a)
China
Southern
Airlines
Co
Ltd
(Class
A)
39
224,800
China
State
Construction
Engineering
Corp
Ltd
171
414,000
China
State
Construction
International
Holdings
Ltd
435
381,700
China
Three
Gorges
Renewables
Group
Co
Ltd
250
23,925
China
Tourism
Group
Duty
Free
Corp
Ltd
350
19,800
(c),(e)
China
Tourism
Group
Duty
Free
Corp
Ltd
262
1,622,000
(c)
China
Tower
Corp
Ltd
155
CREF
Global
Equities
Account
September
30,
2023
148
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
539,800
China
Vanke
Co
Ltd
$
594
139,400
China
Vanke
Co
Ltd
(Class
A)
251
80,500
China
XD
Electric
Co
Ltd
54
44,900
China
Yangtze
Power
Co
Ltd
137
5,400
China
Zhenhua
Group
Science
&
Technology
Co
Ltd
60
114,140
China
Zheshang
Bank
Co
Ltd
40
594,000
Chinasoft
International
Ltd
421
5,000
Chongqing
Brewery
Co
Ltd
58
17,154
Chongqing
Changan
Automobile
Co
Ltd
32
15,050
Chongqing
Fuling
Zhacai
Group
Co
Ltd
33
267,100
Chongqing
Rural
Commercial
Bank
Co
Ltd
146
10,200
(a)
Chongqing
Taiji
Industry
Group
Co
Ltd
65
70,950
Chongqing
Zhifei
Biological
Products
Co
Ltd
473
455,600
Chow
Tai
Fook
Jewellery
Group
Ltd
684
504,000
Citic
Pacific
Ltd
461
454,274
CITIC
Securities
Co
Ltd
917
64,870
CITIC
Securities
Co
Ltd
(Class
A)
194
4,800
CNGR
Advanced
Material
Co
Ltd
33
42,630
CNNC
Hua
Yuan
Titanium
Dioxide
Co
Ltd
27
111,700
CNPC
Capital
Co
Ltd
101
57,180
Contemporary
Amperex
Technology
Co
Ltd
1,597
140,445
COSCO
Pacific
Ltd
91
147,500
COSCO
SHIPPING
Development
Co
Ltd
48
69,900
COSCO
SHIPPING
Energy
Transportation
Co
Ltd
129
187,860
COSCO
SHIPPING
Holdings
Co
Ltd
-
A
253
670,650
COSCO
SHIPPING
Holdings
Co
Ltd
-
H
685
2,781,000
(e)
Country
Garden
Holdings
Co
Ltd
321
485,000
(e)
Country
Garden
Services
Holdings
Co
Ltd
495
18,800
CSC
Financial
Co
Ltd
64
1,754,880
CSPC
Pharmaceutical
Group
Ltd
1,283
7,300
Dajin
Heavy
Industry
Co
Ltd
26
249,895
Daqin
Railway
Co
Ltd
250
12,800
(a),(e)
Daqo
New
Energy
Corp
(ADR)
387
14,049
DaShenLin
Pharmaceutical
Group
Co
Ltd
49
169,500
Datang
International
Power
Generation
Co
Ltd
62
10,400
DHC
Software
Co
Ltd
9
10,880
Do-Fluoride
New
Materials
Co
Ltd
24
6,200
Dong-E-E-Jiao
Co
Ltd
42
39,000
Dongfang
Electric
Corp
Ltd
84
736,000
Dongfeng
Motor
Group
Co
Ltd
290
11,300
Dongxing
Securities
Co
Ltd
13
374,000
Dongyue
Group
Ltd
280
86,500
(a),(c),(e)
East
Buy
Holding
Ltd
406
331,006
East
Money
Information
Co
Ltd
694
3,500
Eastroc
Beverage
Group
Co
Ltd
88
5,000
Ecovacs
Robotics
Co
Ltd
33
152,400
ENN
Energy
Holdings
Ltd
1,256
35,900
ENN
Natural
Gas
Co
Ltd
86
10,500
Eoptolink
Technology,
Inc
Ltd
66
23,670
Eve
Energy
Co
Ltd
147
21,000
Everbright
Securities
Co
Ltd
48
32,990
(a)
Everdisplay
Optronics
Shanghai
Co
Ltd
12
44,643
Fangda
Carbon
New
Material
Co
Ltd
35
72,000
Far
East
Horizon
Ltd
52
6,928
(a)
Farasis
Energy
Gan
Zhou
Co
Ltd
19
36,600
FAW
Jiefang
Group
Co
Ltd
44
25,700
First
Capital
Securities
Co
Ltd
21
96,000
(e)
Flat
Glass
Group
Co
Ltd
215
22,500
Flat
Glass
Group
Co
Ltd
87
221,200
Focus
Media
Information
Technology
Co
Ltd
217
56,122
Foshan
Haitian
Flavouring
&
Food
Co
Ltd
294
630,500
Fosun
International
397
38,800
Founder
Securities
Co
Ltd
39
1,064,928
Foxconn
Industrial
Internet
Co
Ltd
2,888
149
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
2,700
Fu
Jian
Anjoy
Foods
Co
Ltd
$
46
14,400
Fujian
Sunner
Development
Co
Ltd
38
22,700
Fuyao
Glass
Industry
Group
Co
Ltd
-
A
115
137,000
(c)
Fuyao
Glass
Industry
Group
Co
Ltd
-
H
627
13,818
GalaxyCore,
Inc
29
19,120
Ganfeng
Lithium
Group
Co
Ltd
117
88,080
(c)
Ganfeng
Lithium
Group
Co
Ltd
360
500
G-bits
Network
Technology
Xiamen
Co
Ltd
25
1,663,000
GCL
Technology
Holdings
Ltd
308
90,000
GD
Power
Development
Co
Ltd
45
210,184
(a)
GDS
Holdings
Ltd
288
188,900
(a),(e)
GDS
Holdings
Ltd
(ADR)
2,068
1,322,000
Geely
Automobile
Holdings
Ltd
1,550
26,900
GEM
Co
Ltd
22
96,100
Gemdale
Corp
90
92,000
(a)
Genscript
Biotech
Corp
241
90,600
GF
Securities
Co
Ltd
121
31,000
GF
Securities
Co
Ltd
(Class
A)
63
14,700
Giant
Network
Group
Co
Ltd
26
8,872
GigaDevice
Semiconductor,
Inc
120
3,900
Ginlong
Technologies
Co
Ltd
42
16,600
GoerTek,
Inc
36
6,600
Gongniu
Group
Co
Ltd
94
1,960
GoodWe
Technologies
Co
Ltd
36
18,500
Gotion
High-tech
Co
Ltd
59
509,000
(e)
Great
Wall
Motor
Co
Ltd
604
30,700
Great
Wall
Motor
Co
Ltd
109
44,800
Gree
Electric
Appliances,
Inc
of
Zhuhai
224
62,000
Greenland
Holdings
Corp
Ltd
23
258,500
Greentown
China
Holdings
Ltd
267
48,900
GRG
Banking
Equipment
Co
Ltd
81
18,400
Guangdong
Haid
Group
Co
Ltd
114
37,300
(a)
Guangdong
HEC
Technology
Holding
Co
Ltd
34
252,000
Guangdong
Investments
Ltd
192
202,200
Guanghui
Energy
Co
Ltd
212
59,400
Guangzhou
Automobile
Group
Co
Ltd
82
722,000
Guangzhou
Automobile
Group
Co
Ltd
-
H
356
16,000
Guangzhou
Baiyun
International
Airport
Co
Ltd
25
10,500
Guangzhou
Baiyunshan
Pharmaceutical
Holdings
Co
Ltd
45
5,800
Guangzhou
Great
Power
Energy
&
Technology
Co
Ltd
26
34,300
Guangzhou
Haige
Communications
Group,
Inc
Co
53
1,800
Guangzhou
Kingmed
Diagnostics
Group
Co
Ltd
15
8,595
Guangzhou
Shiyuan
Electronic
Technology
Co
Ltd
60
24,600
Guangzhou
Tinci
Materials
Technology
Co
Ltd
91
13,486
Guangzhou
Yuexiu
Capital
Holdings
Group
Co
Ltd
12
12,200
Guolian
Securities
Co
Ltd
18
28,300
Guosen
Securities
Co
Ltd
36
41,000
Guotai
Junan
Securities
Co
Ltd
82
25,790
Guoyuan
Securities
Co
Ltd
24
370,000
(c)
Haidilao
International
Holding
Ltd
987
544,800
Haier
Smart
Home
Co
Ltd
1,703
82,300
Haier
Smart
Home
Co
Ltd
267
539,600
(a)
Hainan
Airlines
Holding
Co
Ltd
110
180,300
(a)
Hainan
Airport
Infrastructure
Co
Ltd
99
156,000
Haitian
International
Holdings
Ltd
329
263,600
Haitong
Securities
Co
Ltd
158
53,100
Haitong
Securities
Co
Ltd
(Class
A)
73
13,100
Hang
Zhou
Great
Star
Industrial
Co
Ltd
35
56,000
Hangzhou
Binjiang
Real
Estate
Group
Co
Ltd
74
7,800
Hangzhou
Chang
Chuan
Technology
Co
Ltd
36
19,510
Hangzhou
First
Applied
Material
Co
Ltd
77
8,400
Hangzhou
Lion
Electronics
Co
Ltd
38
12,900
Hangzhou
Oxygen
Plant
Group
Co
Ltd
57
13,530
Hangzhou
Robam
Appliances
Co
Ltd
50
CREF
Global
Equities
Account
September
30,
2023
150
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
18,600
Hangzhou
Silan
Microelectronics
Co
Ltd
$
62
1,800
Hangzhou
Tigermed
Consulting
Co
Ltd
-
A
16
90,000
(c)
Hansoh
Pharmaceutical
Group
Co
Ltd
122
8,800
Haohua
Chemical
Science
&
Technology
Co
Ltd
40
15,700
Hebei
Hengshui
Laobaigan
Liquor
Co
Ltd
50
29,200
Hebei
Yangyuan
Zhihui
Beverage
Co
Ltd
98
25,300
Heilongjiang
Agriculture
Co
Ltd
46
41,800
Henan
Shenhuo
Coal
&
Power
Co
Ltd
98
51,700
Henan
Shuanghui
Investment
&
Development
Co
Ltd
187
149,500
Hengan
International
Group
Co
Ltd
476
22,100
Hengdian
Group
DMEGC
Magnetics
Co
Ltd
49
97,380
Hengli
Petrochemical
Co
Ltd
192
34,700
Hengtong
Optic-electric
Co
Ltd
67
49,430
Hengyi
Petrochemical
Co
Ltd
50
209,900
Hesteel
Co
Ltd
65
24,000
Hisense
Visual
Technology
Co
Ltd
74
2,800
Hithink
RoyalFlush
Information
Network
Co
Ltd
58
5,860
Hongfa
Technology
Co
Ltd
27
9,500
Hoshine
Silicon
Industry
Co
Ltd
79
850
Hoymiles
Power
Electronics,
Inc
32
6,036
Hoyuan
Green
Energy
Co
Ltd
35
47,000
(a),(c),(e)
Hua
Hong
Semiconductor
Ltd
118
41,700
Huadian
Power
International
Corp
Ltd
(Class
A)
29
9,740
Huadong
Medicine
Co
Ltd
56
52,800
Huafon
Chemical
Co
Ltd
51
19,300
Huagong
Tech
Co
Ltd
89
61,600
Huaibei
Mining
Holdings
Co
Ltd
118
329,360
Hualan
Biological
Engineering,
Inc
1,003
44,300
Huaneng
Power
International,
Inc
-
A
48
974,000
Huaneng
Power
International,
Inc
-
H
471
116,200
(c)
Huatai
Securities
Co
Ltd
148
15,500
Huatai
Securities
Co
Ltd
(Class
A)
34
14,200
Huaxi
Securities
Co
Ltd
16
80,200
Huaxia
Bank
Co
Ltd
63
42,200
Huayu
Automotive
Systems
Co
Ltd
109
45,174
(a)
Huazhu
Group
Ltd
(ADR)
1,781
5,900
Hubei
Feilihua
Quartz
Glass
Co
Ltd
37
4,700
Hubei
Jumpcan
Pharmaceutical
Co
Ltd
18
16,400
Hubei
Xingfa
Chemicals
Group
Co
Ltd
45
5,800
Huizhou
Desay
Sv
Automotive
Co
Ltd
115
9,500
Humanwell
Healthcare
Group
Co
Ltd
32
6,648
Hunan
Changyuan
Lico
Co
Ltd
8
115,000
Hunan
Valin
Steel
Co
Ltd
94
8,412
Hundsun
Technologies,
Inc
38
79,000
(c)
Hygeia
Healthcare
Holdings
Co
Ltd
442
25,131
(a)
iClick
Interactive
Asia
Group
Ltd
(ADR)
49
12,800
Iflytek
Co
Ltd
89
900
Imeik
Technology
Development
Co
Ltd
48
329,900
Industrial
&
Commercial
Bank
of
China
Ltd
-
A
212
13,055,000
Industrial
&
Commercial
Bank
of
China
Ltd
-
H
6,262
105,200
Industrial
Bank
Co
Ltd
235
40,790
Industrial
Securities
Co
Ltd
36
6,300
Ingenic
Semiconductor
Co
Ltd
64
583,800
Inner
Mongolia
BaoTou
Steel
Union
Co
Ltd
138
49,300
Inner
Mongolia
Dian
Tou
Energy
Corp
Ltd
93
137,200
Inner
Mongolia
Junzheng
Energy
&
Chemical
Industry
Group
Co
Ltd
77
85,300
Inner
Mongolia
Yili
Industrial
Group
Co
Ltd
311
298,200
Inner
Mongolia
Yitai
Coal
Co
418
56,900
Inner
Mongolia
Yuan
Xing
Energy
Co
Ltd
55
369,500
(a),(c)
Innovent
Biologics,
Inc
1,795
8,800
Inspur
Electronic
Information
Industry
Co
Ltd
45
386,012
(a)
iQIYI,
Inc
(ADR)
1,830
1,001
iRay
Technology
Co
Ltd
34
14,250
Isoftstone
Information
Technology
Group
Co
Ltd
52
151
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
42,300
JA
Solar
Technology
Co
Ltd
$
149
8,310
Jason
Furniture
Hangzhou
Co
Ltd
46
92,550
(a),(c)
JD
Health
International,
Inc
476
450,100
(a),(c)
JD
Logistics,
Inc
569
1,187,655
JD.com,
Inc
17,279
73,400
Jiangsu
Eastern
Shenghong
Co
Ltd
116
116,000
Jiangsu
Express
105
16,804
Jiangsu
Hengli
Hydraulic
Co
Ltd
147
32,882
Jiangsu
Hengrui
Pharmaceuticals
Co
Ltd
203
16,400
Jiangsu
King's
Luck
Brewery
JSC
Ltd
132
16,000
Jiangsu
Nhwa
Pharmaceutical
Co
Ltd
58
4,800
Jiangsu
Pacific
Quartz
Co
Ltd
70
41,500
Jiangsu
Phoenix
Publishing
&
Media
Corp
Ltd
60
19,300
Jiangsu
Yanghe
Brewery
Joint-Stock
Co
Ltd
344
3,900
Jiangsu
Yangnong
Chemical
Co
Ltd
37
6,400
Jiangsu
Yoke
Technology
Co
Ltd
57
5,200
Jiangsu
Yuyue
Medical
Equipment
&
Supply
Co
Ltd
25
47,500
Jiangsu
Zhongtian
Technology
Co
Ltd
97
284,000
Jiangxi
Copper
Co
Ltd
443
28,958
Jiangxi
Copper
Co
Ltd
(Class
A)
77
12,500
(a)
Jiangxi
Special
Electric
Motor
Co
Ltd
15
57,600
Jinduicheng
Molybdenum
Co
Ltd
88
83,904
Jinko
Solar
Co
Ltd
117
2,900
JiuGui
Liquor
Co
Ltd
35
209,000
(c)
Jiumaojiu
International
Holdings
Ltd
283
126,600
Jizhong
Energy
Resources
Co
Ltd
117
283,877
Joincare
Pharmaceutical
Group
Industry
Co
Ltd
483
11,771
Jointown
Pharmaceutical
Group
Co
Ltd
17
12,200
Jonjee
Hi-Tech
Industrial
And
Commercial
Holding
Co
Ltd
58
3,700
JOYY,
Inc
(ADR)
141
4,500
Juewei
Food
Co
Ltd
23
24,000
Juneyao
Airlines
Co
Ltd
47
47,500
(a)
Kanzhun
Ltd
(ADR)
721
145,045
KE
Holdings,
Inc
(ADR)
2,251
18,700
Keda
Industrial
Group
Co
Ltd
30
59,500
Kingboard
Chemical
Holdings
Ltd
133
229,000
(a)
Kingdee
International
Software
Group
Co
Ltd
280
35,900
Kingnet
Network
Co
Ltd
62
223,600
Kingsoft
Corp
Ltd
806
427,000
(a),(c)
Kuaishou
Technology
3,397
27,000
Kuang-Chi
Technologies
Co
Ltd
54
6,500
Kunlun
Tech
Co
Ltd
34
16,397
Kweichow
Moutai
Co
Ltd
4,067
37,700
LB
Group
Co
Ltd
95
602,000
Lenovo
Group
Ltd
617
69,900
Lens
Technology
Co
Ltd
118
1,300
Lepu
Medical
Technology
Beijing
Co
Ltd
3
244,200
(a)
Li
Auto,
Inc
4,358
510,000
Li
Ning
Co
Ltd
2,130
114,600
Liaoning
Port
Co
Ltd
25
103,700
Lingyi
iTech
Guangdong
Co
81
2,100
Livzon
Pharmaceutical
Group,
Inc
11
435,500
(c)
Longfor
Group
Holdings
Ltd
778
97,089
LONGi
Green
Energy
Technology
Co
Ltd
364
53,300
Lufax
Holding
Ltd
(ADR)
56
31,500
Luxi
Chemical
Group
Co
Ltd
49
92,109
Luxshare
Precision
Industry
Co
Ltd
378
19,300
Luzhou
Laojiao
Co
Ltd
577
25,790
Mango
Excellent
Media
Co
Ltd
100
6,608
Maxscend
Microelectronics
Co
Ltd
106
46,500
Meihua
Holdings
Group
Co
Ltd
61
383,795
(a)
Meinian
Onehealth
Healthcare
Holdings
Co
Ltd
358
1,953,800
(a),(c)
Meituan
28,284
85,700
Metallurgical
Corp
of
China
Ltd
43
CREF
Global
Equities
Account
September
30,
2023
152
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
228,500
Microport
Scientific
Corp
$
344
27,400
Ming
Yang
Smart
Energy
Group
Ltd
59
20,800
MINISO
Group
Holding
Ltd
(ADR)
539
168,000
Minth
Group
Ltd
432
15,110
Montage
Technology
Co
Ltd
103
65,544
Muyuan
Foods
Co
Ltd
341
7,265
Nanjing
King-Friend
Biochemical
Pharmaceutical
Co
Ltd
13
18,200
Nanjing
Securities
Co
Ltd
20
103,752
NARI
Technology
Co
Ltd
316
13,128
(a)
National
Silicon
Industry
Group
Co
Ltd
36
7,000
NAURA
Technology
Group
Co
Ltd
232
3,500
NavInfo
Co
Ltd
5
727,995
NetEase,
Inc
14,597
33,300
New
China
Life
Insurance
Co
Ltd
-
A
169
215,000
New
China
Life
insurance
Co
Ltd
-
H
516
59,600
(a)
New
Hope
Liuhe
Co
Ltd
90
328,840
(a)
New
Oriental
Education
&
Technology
Group,
Inc
1,946
18,700
Ninestar
Corp
66
4,860
Ningbo
Deye
Technology
Co
Ltd
52
16,300
Ningbo
Joyson
Electronic
Corp
39
8,800
Ningbo
Orient
Wires
&
Cables
Co
Ltd
48
4,310
Ningbo
Ronbay
New
Energy
Technology
Co
Ltd
25
28,200
Ningbo
Shanshan
Co
Ltd
54
12,300
Ningbo
Tuopu
Group
Co
Ltd
126
106,000
Ningxia
Baofeng
Energy
Group
Co
Ltd
208
300,130
(a)
NIO,
Inc
(ADR)
2,713
393,200
(c),(e)
Nongfu
Spring
Co
Ltd
2,255
21,200
North
Industries
Group
Red
Arrow
Co
Ltd
43
308
NXP
Semiconductors
NV
62
78,500
(a)
Offcn
Education
Technology
Co
Ltd
40
173,600
Offshore
Oil
Engineering
Co
Ltd
154
5,840
Oppein
Home
Group,
Inc
77
46,728
Orient
Securities
Co
Ltd
62
23,900
Oriental
Pearl
Group
Co
Ltd
24
3,809
Ovctek
China,
Inc
13
119,700
(a)
Pangang
Group
Vanadium
Titanium
&
Resources
Co
Ltd
60
256,613
(a)
PDD
Holdings,
Inc
(ADR)
25,166
18,400
People.cn
Co
Ltd
97
2,277,000
People's
Insurance
Co
Group
of
China
Ltd
815
184,900
People's
Insurance
Co
Group
of
China
Ltd
(Class
A)
150
11,200
Perfect
World
Co
Ltd
20
7,425
Pharmaron
Beijing
Co
Ltd
-
A
32
1,562,000
PICC
Property
&
Casualty
Co
Ltd
2,000
94,200
Ping
An
Bank
Co
Ltd
145
43,100
(a),(c),(e)
Ping
An
Healthcare
and
Technology
Co
Ltd
100
5,092,203
Ping
An
Insurance
Group
Co
of
China
Ltd
28,881
146,500
Ping
An
Insurance
Group
Co
of
China
Ltd
(Class
A)
977
2,587
Piotech,
Inc
85
186,900
Poly
Developments
and
Holdings
Group
Co
Ltd
328
106,000
(c)
Pop
Mart
International
Group
Ltd
312
161,100
Postal
Savings
Bank
of
China
Co
Ltd
-
A
110
1,994,000
(c)
Postal
Savings
Bank
of
China
Co
Ltd
-
H
1,004
73,900
Power
Construction
Corp
of
China
Ltd
54
1,642
Pylon
Technologies
Co
Ltd
29
8,261
(a)
Qi
An
Xin
Technology
Group,
Inc
58
69,100
(a)
Qinghai
Salt
Lake
Industry
Co
Ltd
163
5,546
Raytron
Technology
Co
Ltd
36
16,500
Risen
Energy
Co
Ltd
43
12,000
Riyue
Heavy
Industry
Co
Ltd
26
4,600
Rockchip
Electronics
Co
Ltd
39
126,850
Rongsheng
Petrochemical
Co
Ltd
207
119,900
SAIC
Motor
Corp
Ltd
244
31,700
Sailun
Group
Co
Ltd
55
67,500
Sanan
Optoelectronics
Co
Ltd
143
153
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
2,500
Sangfor
Technologies,
Inc
$
32
259,000
Sany
Heavy
Equipment
International
Holdings
Co
Ltd
408
111,100
Sany
Heavy
Industry
Co
Ltd
243
39,173
Satellite
Chemical
Co
Ltd
82
28,600
SDIC
Capital
Co
Ltd
27
44,200
SDIC
Power
Holdings
Co
Ltd
71
41,400
Seazen
Holdings
Co
Ltd
76
18,200
(a)
Seres
Group
Co
Ltd
140
23,400
SF
Holding
Co
Ltd
131
5,070
SG
Micro
Corp
54
167,800
Shaanxi
Coal
Industry
Co
Ltd
425
83,700
Shan
XI
Hua
Yang
Group
New
Energy
Co
Ltd
97
7,670
Shandong
Buchang
Pharmaceuticals
Co
Ltd
19
51,620
Shandong
Gold
Mining
Co
Ltd
-
A
177
179,500
(c)
Shandong
Gold
Mining
Co
Ltd
-
H
338
10,000
Shandong
Himile
Mechanical
Science
&
Technology
Co
Ltd
48
36,050
Shandong
Hualu
Hengsheng
Chemical
Co
Ltd
159
17,600
Shandong
Linglong
Tyre
Co
Ltd
49
162,400
Shandong
Nanshan
Aluminum
Co
Ltd
70
36,500
Shandong
Sun
Paper
Industry
JSC
Ltd
61
598,400
Shandong
Weigao
Group
Medical
Polymer
Co
Ltd
524
24,080
Shanghai
Aiko
Solar
Energy
Co
Ltd
74
12,432
Shanghai
Bairun
Investment
Holding
Group
Co
Ltd
49
6,915
Shanghai
Baosight
Software
Co
Ltd
43
148,944
Shanghai
Baosight
Software
Co
Ltd
314
51,300
Shanghai
Construction
Group
Co
Ltd
19
230,200
Shanghai
Electric
Group
Co
Ltd
148
15,300
Shanghai
Electric
Power
Co
Ltd
19
8,500
Shanghai
Fosun
Pharmaceutical
Group
Co
Ltd
-
A
33
38,500
Shanghai
Fosun
Pharmaceutical
Group
Co
Ltd
-
H
90
1,482
Shanghai
Friendess
Electronic
Technology
Corp
Ltd
51
6,744
Shanghai
Fudan
Microelectronics
Group
Co
Ltd
44
17,800
(a)
Shanghai
International
Airport
Co
Ltd
93
46,300
Shanghai
International
Port
Group
Co
Ltd
33
9,400
Shanghai
Jinjiang
International
Hotels
Development
Co
Ltd
49
8,618
(a)
Shanghai
Junshi
Biosciences
Co
Ltd
45
19,960
Shanghai
Lingang
Holdings
Corp
Ltd
31
9,700
Shanghai
M&G
Stationery,
Inc
48
1,006
Shanghai
Medicilon,
Inc
10
6,100
Shanghai
Moons'
Electric
Co
Ltd
58
16,300
Shanghai
Pharmaceuticals
Holding
Co
Ltd
-
A
40
69,600
Shanghai
Pharmaceuticals
Holding
Co
Ltd
-
H
108
139,700
Shanghai
Pudong
Development
Bank
Co
Ltd
136
25,036
Shanghai
Putailai
New
Energy
Technology
Co
Ltd
101
271,200
Shanghai
RAAS
Blood
Products
Co
Ltd
259
171,500
Shanghai
Rural
Commercial
Bank
Co
Ltd
142
67,500
Shanghai
Yuyuan
Tourist
Mart
Group
Co
Ltd
69
36,000
Shanxi
Coal
International
Energy
Group
Co
Ltd
93
72,079
Shanxi
Lu'an
Environmental
Energy
Development
Co
Ltd
188
46,600
(a)
Shanxi
Meijin
Energy
Co
Ltd
45
19,330
Shanxi
Securities
Co
Ltd
15
74,700
Shanxi
Taigang
Stainless
Steel
Co
Ltd
41
16,080
Shanxi
Xinghuacun
Fen
Wine
Factory
Co
Ltd
531
114,070
Shanxi
Xishan
Coal
&
Electricity
Power
Co
Ltd
157
4,300
Shede
Spirits
Co
Ltd
74
46,300
Shenergy
Co
Ltd
40
10,400
Shenghe
Resources
Holding
Co
Ltd
16
29,600
Shengyi
Technology
Co
Ltd
62
4,680
Shennan
Circuits
Co
Ltd
43
116,200
Shenwan
Hongyuan
Group
Co
Ltd
69
10,980
Shenzhen
Capchem
Technology
Co
Ltd
66
2,560
Shenzhen
Dynanonic
Co
Ltd
27
CREF
Global
Equities
Account
September
30,
2023
154
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
28,300
Shenzhen
Energy
Group
Co
Ltd
$
25
17,100
Shenzhen
Inovance
Technology
Co
Ltd
156
119,985
Shenzhen
International
Holdings
Ltd
74
11,260
Shenzhen
Investment
Holdings
Bay
Area
Development
Co
Ltd
2
4,640
Shenzhen
Kangtai
Biological
Products
Co
Ltd
19
2,900
Shenzhen
Kedali
Industry
Co
Ltd
38
7,400
Shenzhen
Kstar
Science
And
Technology
Co
Ltd
29
5,700
Shenzhen
Mindray
Bio-Medical
Electronics
Co
Ltd
212
8,800
Shenzhen
New
Industries
Biomedical
Engineering
Co
Ltd
77
135,600
Shenzhen
Overseas
Chinese
Town
Co
Ltd
79
6,000
Shenzhen
Salubris
Pharmaceuticals
Co
Ltd
24
4,600
Shenzhen
SC
New
Energy
Technology
Corp
48
16,300
Shenzhen
SED
Industry
Co
Ltd
50
10,382
Shenzhen
Senior
Technology
Material
Co
Ltd
19
7,800
Shenzhen
Sunlord
Electronics
Co
Ltd
31
11,642
Shenzhen
Transsion
Holdings
Co
Ltd
233
6,900
Shenzhen
YUTO
Packaging
Technology
Co
Ltd
23
179,400
Shenzhou
International
Group
Holdings
Ltd
1,706
8,380
Shijiazhuang
Yiling
Pharmaceutical
Co
Ltd
27
14,600
Shuangliang
Eco-Energy
Systems
Co
Ltd
21
23,700
Sichuan
Chuantou
Energy
Co
Ltd
48
76,600
Sichuan
Hebang
Biotechnology
Co
Ltd
25
353,500
Sichuan
Kelun
Pharmaceutical
Co
Ltd
1,412
12,500
(a)
Sichuan
New
Energy
Power
Co
Ltd
20
107,100
Sichuan
Road
and
Bridge
Group
Co
Ltd
127
6,400
Sichuan
Swellfun
Co
Ltd
53
7,600
Sichuan
Yahua
Industrial
Group
Co
Ltd
16
11,000
Sieyuan
Electric
Co
Ltd
78
67,000
Silergy
Corp
635
18,700
Sinolink
Securities
Co
Ltd
24
48,900
Sinoma
International
Engineering
Co
76
21,400
Sinoma
Science
&
Technology
Co
Ltd
60
7,468
Sinomine
Resource
Group
Co
Ltd
37
232,100
Sinopec
Shanghai
Petrochemical
Co
Ltd
(Class
A)
98
510,800
Sinopharm
Group
Co
Ltd
1,481
173,000
Sinotruk
Hong
Kong
Ltd
333
6,860
Skshu
Paint
Co
Ltd
65
398,000
(c),(e)
Smoore
International
Holdings
Ltd
359
23,800
Songcheng
Performance
Development
Co
Ltd
40
28,262
SooChow
Securities
Co
Ltd
33
29,700
Southwest
Securities
Co
Ltd
17
4,500
(a)
Spring
Airlines
Co
Ltd
34
1,900
StarPower
Semiconductor
Ltd
47
18,500
Sungrow
Power
Supply
Co
Ltd
227
58,700
Sunny
Optical
Technology
Group
Co
Ltd
407
8,250
Sunresin
New
Materials
Co
Ltd
66
19,300
Sunwoda
Electronic
Co
Ltd
45
20,600
Suzhou
Dongshan
Precision
Manufacturing
Co
Ltd
49
3,224
Suzhou
Maxwell
Technologies
Co
Ltd
56
6,600
Suzhou
TFC
Optical
Communication
Co
Ltd
86
96,100
(a),(e)
TAL
Education
Group
(ADR)
875
21,400
Tangshan
Jidong
Cement
Co
Ltd
22
75,660
TBEA
Co
Ltd
154
287,710
TCL
Technology
Group
Corp
161
51,875
TCL
Zhonghuan
Renewable
Energy
Technology
Co
Ltd
166
2,252,200
Tencent
Holdings
Ltd
87,304
61,900
(a)
Tencent
Music
Entertainment
Group
(ADR)
395
5,100
Thunder
Software
Technology
Co
Ltd
53
7,100
Tianjin
712
Communication
&
Broadcasting
Co
Ltd
25
19,200
Tianma
Microelectronics
Co
Ltd
24
17,700
Tianqi
Lithium
Corp
134
40,400
Tianshan
Aluminum
Group
Co
Ltd
36
155
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
62,900
Tianshui
Huatian
Technology
Co
Ltd
$
77
454,000
Tingyi
Cayman
Islands
Holding
Corp
634
26,000
Titan
Wind
Energy
Suzhou
Co
Ltd
46
102,000
(a)
Tongcheng
Travel
Holdings
Ltd
223
23,100
TongFu
Microelectronics
Co
Ltd
61
25,400
Tongkun
Group
Co
Ltd
51
163,800
Tongling
Nonferrous
Metals
Group
Co
Ltd
72
59,600
Tongwei
Co
Ltd
264
1,500
(a)
Topchoice
Medical
Corp
18
456,000
(c)
Topsports
International
Holdings
Ltd
345
88,000
Travelsky
Technology
Ltd
152
27,449
Trina
Solar
Co
Ltd
115
119,150
(a)
Trip.com
Group
Ltd
4,200
80,284
(a)
Trip.com
Group
Ltd
(ADR)
2,808
140,000
Tsingtao
Brewery
Co
Ltd
1,140
9,800
Tsingtao
Brewery
Co
Ltd
(Class
A)
118
10,399
Unigroup
Guoxin
Microelectronics
Co
Ltd
124
334,000
Uni-President
China
Holdings
Ltd
235
44,400
Unisplendour
Corp
Ltd
143
17,200
Universal
Scientific
Industrial
Shanghai
Co
Ltd
34
7,127
(a)
Verisilicon
Microelectronics
Shanghai
Co
Ltd
59
172,646
(a)
Vipshop
Holdings
Ltd
(ADR)
2,764
5,800
Walvax
Biotechnology
Co
Ltd
19
38,100
(a)
Wanda
Film
Holding
Co
Ltd
71
43,500
Wanhua
Chemical
Group
Co
Ltd
528
1,084,000
Want
Want
China
Holdings
Ltd
707
255,684
Weibo
Corp
(ADR)
3,206
160,000
Weichai
Power
Co
Ltd
217
33,600
Weichai
Power
Co
Ltd
(Class
A)
58
9,680
Weihai
Guangwei
Composites
Co
Ltd
36
88,375
Wens
Foodstuffs
Group
Co
Ltd
211
16,000
Western
Mining
Co
Ltd
28
26,400
Western
Securities
Co
Ltd
24
7,014
Western
Superconducting
Technologies
Co
Ltd
44
15,090
Will
Semiconductor
Co
Ltd
193
16,900
Wingtech
Technology
Co
Ltd
101
726,000
Winteam
Pharmaceutical
Group
Ltd
338
442,700
(a)
Wintime
Energy
Group
Co
Ltd
84
103,100
Wuchan
Zhongda
Group
Co
Ltd
67
29,118
Wuhan
Guide
Infrared
Co
Ltd
30
51,335
Wuliangye
Yibin
Co
Ltd
1,106
30,050
WUS
Printed
Circuit
Kunshan
Co
Ltd
93
156,336
WuXi
AppTec
Co
Ltd
-
A
1,858
30,185
(c),(e)
WuXi
AppTec
Co
Ltd
-
H
360
1,703
Wuxi
Autowell
Technology
Co
Ltd
33
982,500
(a),(c)
Wuxi
Biologics
Cayman,
Inc
5,710
181,400
XCMG
Construction
Machinery
Co
Ltd
159
48,700
Xiamen
C
&
D,
Inc
66
2,400
Xiamen
Faratronic
Co
Ltd
32
11,600
Xiamen
Tungsten
Co
Ltd
27
3,231,400
(a),(c)
Xiaomi
Corp
5,062
20,892
Xinjiang
Daqo
New
Energy
Co
Ltd
116
53,800
Xinjiang
Goldwind
Science
&
Technology
Co
Ltd
-
A
68
404,863
Xinyi
Solar
Holdings
Ltd
301
224,200
(a),(e)
XPeng,
Inc
2,049
307,000
Xtep
International
Holdings
Ltd
283
264,000
(c)
Yadea
Group
Holdings
Ltd
489
6,300
Yangzhou
Yangjie
Electronic
Technology
Co
Ltd
30
50,000
Yantai
Jereh
Oilfield
Services
Group
Co
Ltd
218
532,000
(e)
Yanzhou
Coal
Mining
Co
Ltd
1,004
70,450
Yanzhou
Coal
Mining
Co
Ltd
(Class
A)
196
14,210
Yealink
Network
Technology
Corp
Ltd
69
CREF
Global
Equities
Account
September
30,
2023
156
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
12,574
Yifeng
Pharmacy
Chain
Co
Ltd
$
61
117,000
Yihai
International
Holding
Ltd
201
16,200
Yihai
Kerry
Arawana
Holdings
Co
Ltd
77
36,820
Yintai
Gold
Co
Ltd
71
50,600
Yonghui
Superstores
Co
Ltd
22
6,890
YongXing
Special
Materials
Technology
Co
Ltd
43
17,959
Yonyou
Network
Technology
Co
Ltd
41
50,800
Youngor
Group
Co
Ltd
50
16,800
YTO
Express
Group
Co
Ltd
35
30,600
(a)
Yuan
Longping
High-tech
Agriculture
Co
Ltd
63
407,360
Yuexiu
Property
Co
Ltd
468
314,823
Yum
China
Holdings,
Inc
17,542
17,180
Yunda
Holding
Co
Ltd
23
48,400
Yunnan
Aluminium
Co
Ltd
100
8,900
Yunnan
Baiyao
Group
Co
Ltd
65
4,200
Yunnan
Botanee
Bio-Technology
Group
Co
Ltd
54
80,100
Yunnan
Chihong
Zinc&Germanium
Co
Ltd
58
10,100
Yunnan
Energy
New
Material
Co
Ltd
83
23,500
Yunnan
Tin
Co
Ltd
46
33,600
Yunnan
Yuntianhua
Co
Ltd
79
201,500
(a)
Zai
Lab
Ltd
493
22,800
Zangge
Mining
Co
Ltd
71
2,800
Zhangzhou
Pientzehuang
Pharmaceutical
Co
Ltd
106
301,000
Zhaojin
Mining
Industry
Co
Ltd
415
20,000
Zhefu
Holding
Group
Co
Ltd
11
113,120
(a)
Zhejiang
Century
Huatong
Group
Co
Ltd
75
44,100
Zhejiang
China
Commodities
City
Group
Co
Ltd
55
27,500
Zhejiang
Chint
Electrics
Co
Ltd
88
51,900
Zhejiang
Dahua
Technology
Co
Ltd
159
7,760
Zhejiang
Dingli
Machinery
Co
Ltd
56
126,000
(e)
Zhejiang
Expressway
Co
Ltd
94
9,350
Zhejiang
Huahai
Pharmaceutical
Co
Ltd
22
18,203
Zhejiang
Huayou
Cobalt
Co
Ltd
94
16,000
Zhejiang
Jingsheng
Mechanical
&
Electrical
Co
Ltd
105
5,000
Zhejiang
Jiuzhou
Pharmaceutical
Co
Ltd
20
39,200
Zhejiang
Juhua
Co
Ltd
82
58,400
Zhejiang
Longsheng
Group
Co
Ltd
74
16,304
Zhejiang
NHU
Co
Ltd
36
9,300
Zhejiang
Sanhua
Intelligent
Controls
Co
Ltd
38
7,511
Zhejiang
Supcon
Technology
Co
Ltd
49
9,800
Zhejiang
Supor
Co
Ltd
65
18,590
Zhejiang
Weiming
Environment
Protection
Co
Ltd
45
24,100
Zhejiang
Weixing
New
Building
Materials
Co
Ltd
60
237,500
Zhejiang
Zheneng
Electric
Power
Co
Ltd
138
19,800
Zhengzhou
Yutong
Bus
Co
Ltd
36
18,500
Zheshang
Securities
Co
Ltd
26
58,500
(a),(c)
ZhongAn
Online
P&C
Insurance
Co
Ltd
171
12,800
Zhongji
Innolight
Co
Ltd
204
87,800
Zhongjin
Gold
Corp
Ltd
131
187,500
Zhongsheng
Group
Holdings
Ltd
525
78,600
Zhongtai
Securities
Co
Ltd
77
9,447
Zhuzhou
CRRC
Times
Electric
Co
Ltd
52
127,100
Zhuzhou
CSR
Times
Electric
Co
Ltd
439
29,900
Zhuzhou
Kibing
Group
Co
Ltd
34
31,900
Zibo
Qixiang
Tengda
Chemical
Co
Ltd
28
1,220,000
Zijin
Mining
Group
Co
Ltd
1,850
287,400
Zijin
Mining
Group
Co
Ltd
(Class
A)
478
103,300
Zoomlion
Heavy
Industry
Science
and
Technology
Co
Ltd
-
A
97
61,100
ZTE
Corp
274
62,200
ZTE
Corp
(Class
H)
187
157
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
35,346
ZTO
Express
Cayman,
Inc
(ADR)
$
854
TOTAL
CHINA
588,213
COLOMBIA
-
0.0%
20,180
BanColombia
S.A.
153
37,411
BanColombia
S.A.
(Preference)
248
105,813
Interconexion
Electrica
S.A.
ESP
387
TOTAL
COLOMBIA
788
CZECH
REPUBLIC
-
0.0%
36,242
CEZ
AS
1,539
5,945
Komercni
Banka
AS
173
24,216
(c)
Moneta
Money
Bank
AS
88
TOTAL
CZECH
REPUBLIC
1,800
DENMARK
-
1.0%
109,774
Carlsberg
AS
(Class
B)
13,841
2,342,386
Novo
Nordisk
A.S.
213,277
20,000
Novo
Nordisk
A.S.
(ADR)
1,819
74,371
Orsted
AS
4,046
275,461
(a)
Zealand
Pharma
AS
11,906
TOTAL
DENMARK
244,889
EGYPT
-
0.0%
212,287
Commercial
International
Bank
413
262,967
Eastern
Tobacco
206
250,378
(a)
Egyptian
Financial
Group-Hermes
Holding
119
TOTAL
EGYPT
738
FINLAND
-
0.2%
783,456
Nordea
Bank
Abp
8,601
1,488,997
Nordea
Bank
Abp
16,325
391,497
Sampo
Oyj
(A
Shares)
16,925
TOTAL
FINLAND
41,851
FRANCE
-
2.5%
339,411
Accor
S.A.
11,416
135,393
Air
Liquide
22,804
891,871
Airbus
SE
119,376
677,999
BNP
Paribas
S.A.
43,111
170,881
Cap
Gemini
S.A.
29,818
433,745
Cie
Generale
des
Etablissements
Michelin
S.C.A
13,276
535,911
Compagnie
de
Saint-Gobain
32,074
284,826
Danone
15,710
1,127,337
Engie
S.A.
17,289
214,281
Essilor
International
S.A.
37,273
12,037
(a),(e)
Euroapi
S.A.
152
8,166
Gecina
S.A.
833
10,988
ICADE
362
122,271
Kering
55,555
166,948
L'Oreal
S.A.
69,185
88,877
LVMH
Moet
Hennessy
Louis
Vuitton
S.A.
67,087
347,842
Orange
S.
A.
3,990
9,230
Pernod-Ricard
S.A.
1,537
205,419
Teleperformance
25,792
263,885
Total
S.A.
17,350
116,614
Veolia
Environnement
3,371
TOTAL
FRANCE
587,361
GERMANY
-
2.1%
47,872
Allianz
AG.
11,392
612,692
Aroundtown
S.A.
1,271
CREF
Global
Equities
Account
September
30,
2023
158
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
147,850
BASF
SE
$
6,692
1,671,843
Bayer
AG.
80,289
305,385
Beiersdorf
AG.
39,391
695,114
(a)
Borussia
Dortmund
GmbH
&
Co
KGaA
2,885
301,503
Brenntag
SE
23,329
40,378
(c)
Covestro
AG.
2,171
105,213
Deutsche
Boerse
AG.
18,170
668,799
Deutsche
Telekom
AG.
14,029
327,108
Dr
ING
hc
F
Porsche
AG.
30,692
963,210
E.ON
AG.
11,391
583,808
HeidelbergCement
AG.
45,216
515,315
(a)
HelloFresh
SE
15,312
38,555
Henkel
KGaA
2,431
960,519
Infineon
Technologies
AG.
31,813
14,292
LEG
Immobilien
SE
983
1,014
OSRAM
Licht
AG.
53
71,191
(a)
Paion
AG.
329
1,795,101
RWE
AG.
66,634
622,110
Siemens
AG.
88,905
48,671
(c)
Siemens
Healthineers
AG.
2,462
145,107
Vonovia
SE
3,477
TOTAL
GERMANY
499,317
GREECE
-
0.0%
756,388
(a)
Alpha
Services
and
Holdings
S.A.
1,000
195,334
(a)
Eurobank
Ergasias
Services
and
Holdings
S.A.
300
5,760
(a),(f)
FF
Group
0
^
41,140
Hellenic
Telecommunications
Organization
S.A.
600
25,052
JUMBO
S.A.
689
16,198
Motor
Oil
Hellas
Corinth
Refineries
S.A.
410
23,185
Mytilineos
Holdings
S.A.
853
42,210
(a)
National
Bank
of
Greece
S.A.
238
36,726
OPAP
S.A.
615
152,003
(a)
Piraeus
Financial
Holdings
S.A.
449
41,471
(a)
Public
Power
Corp
416
TOTAL
GREECE
5,570
HONG
KONG
-
0.3%
2,486,100
AIA
Group
Ltd
20,106
127,800
Bank
of
East
Asia
Ltd
158
216,000
(a),(e)
Cathay
Pacific
Airways
Ltd
221
105,730
CK
Infrastructure
Holdings
Ltd
499
327,500
CLP
Holdings
Ltd
2,418
815,000
Hang
Lung
Properties
Ltd
1,115
167,900
Hang
Seng
Bank
Ltd
2,083
304,000
Henderson
Land
Development
Co
Ltd
798
2,078,806
Hong
Kong
&
China
Gas
Ltd
1,446
242,712
Hong
Kong
Electric
Holdings
Ltd
1,172
259,682
Hong
Kong
Exchanges
and
Clearing
Ltd
9,638
510,400
Hongkong
Land
Holdings
Ltd
1,820
242,500
Kingboard
Laminates
Holdings
Ltd
171
368,339
Link
REIT
1,801
605,652
(a)
Melco
Crown
Entertainment
Ltd
(ADR)
5,990
355,000
New
World
Development
Co
Ltd
688
410,000
Nine
Dragons
Paper
Holdings
Ltd
230
30,000
Orient
Overseas
International
Ltd
400
595,733
Prudential
plc
6,404
866,250
Sino
Biopharmaceutical
Ltd
312
309,000
Sun
Hung
Kai
Properties
Ltd
3,297
88,000
Vinda
International
Holdings
Ltd
211
159
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
252,000
Wharf
Real
Estate
Investment
Co
Ltd
$
971
TOTAL
HONG
KONG
61,949
HUNGARY
-
0.0%
115,366
MOL
Hungarian
Oil
&
Gas
plc
874
18,340
OTP
Bank
Rt
661
34,470
Richter
Gedeon
Rt
834
TOTAL
HUNGARY
2,369
INDIA
-
1.1%
11,644
ABB
Ltd
India
574
36,490
Adani
Enterprises
Ltd
1,057
67,974
(a)
Adani
Green
Energy
Ltd
808
111,698
Adani
Ports
&
Special
Economic
Zone
Ltd
1,107
168,319
(a)
Adani
Power
Ltd
765
128,602
Ambuja
Cements
Ltd
656
120,000
Angel
One
Ltd
2,668
23,960
Apollo
Hospitals
Enterprise
Ltd
1,479
119,019
Ashok
Leyland
Ltd
253
83,262
Asian
Paints
Ltd
3,165
26,414
Astral
Ltd
607
13,621
(c)
AU
Small
Finance
Bank
Ltd
117
21,109
Aurobindo
Pharma
Ltd
232
34,957
(a),(c)
Avenue
Supermarts
Ltd
1,544
743,531
Axis
Bank
Ltd
9,255
14,942
Bajaj
Auto
Ltd
909
60,065
Bajaj
Finance
Ltd
5,634
30,558
Bajaj
Finserv
Ltd
565
5,567
Bajaj
Holdings
&
Investment
Ltd
476
15,888
Balkrishna
Industries
Ltd
488
54,636
(c)
Bandhan
Bank
Ltd
165
87,407
Bank
of
Baroda
224
52,540
Berger
Paints
India
Ltd
359
10,508
(a)
Berger
Paints
India
Ltd
72
816,153
Bharat
Electronics
Ltd
1,356
54,520
Bharat
Forge
Ltd
715
184,762
Bharat
Petroleum
Corp
Ltd
771
490,150
Bharti
Airtel
Ltd
5,458
24,004
Britannia
Industries
Ltd
1,311
48,140
CG
Power
&
Industrial
Solutions
Ltd
256
281,798
Cholamandalam
Investment
and
Finance
Co
Ltd
4,122
43,371
Cipla
Ltd
619
391,226
Coal
India
Ltd
1,387
28,202
Colgate-Palmolive
India
Ltd
680
56,947
Container
Corp
Of
India
Ltd
490
30,446
Cummins
India
Ltd
620
132,780
Dabur
India
Ltd
880
9,839
Divi's
Laboratories
Ltd
445
144,253
DLF
Ltd
920
35,977
Dr
Reddy's
Laboratories
Ltd
2,414
29,246
Eicher
Motors
Ltd
1,212
542,738
GAIL
India
Ltd
812
88,905
(a)
Godrej
Consumer
Products
Ltd
1,061
26,173
(a)
Godrej
Properties
Ltd
488
55,740
Grasim
Industries
Ltd
1,300
52,543
Havells
India
Ltd
877
78,052
HCL
Technologies
Ltd
1,157
7,150
(c)
HDFC
Asset
Management
Co
Ltd
228
633,788
HDFC
Bank
Ltd
11,624
478,314
HDFC
Bank
Ltd
(ADR)
28,225
211,824
(c)
HDFC
Life
Insurance
Co
Ltd
1,622
24,411
Hero
Honda
Motors
Ltd
897
CREF
Global
Equities
Account
September
30,
2023
160
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
264,578
Hindalco
Industries
Ltd
$
1,562
38,482
Hindustan
Aeronautics
Ltd
892
177,929
Hindustan
Lever
Ltd
5,277
138,239
(a)
Hindustan
Petroleum
Corp
Ltd
424
835,598
ICICI
Bank
Ltd
9,573
52,554
(c)
ICICI
Lombard
General
Insurance
Co
Ltd
827
77,832
(c)
ICICI
Prudential
Life
Insurance
Co
Ltd
530
721,935
(a)
IDFC
First
Bank
Ltd
827
182,271
Indian
Hotels
Co
Ltd
900
746,874
Indian
Oil
Corp
Ltd
817
46,892
Indian
Railway
Catering
&
Tourism
Corp
Ltd
384
71,687
Indraprastha
Gas
Ltd
392
14,878
Info
Edge
India
Ltd
744
271,174
Infosys
Technologies
Ltd
4,660
28,140
(a),(c)
InterGlobe
Aviation
Ltd
805
659,138
ITC
Ltd
3,522
77,921
Jindal
Steel
&
Power
Ltd
655
131,654
JSW
Steel
Ltd
1,232
81,056
Jubilant
Foodworks
Ltd
519
244,513
Kotak
Mahindra
Bank
Ltd
5,096
151,026
Larsen
&
Toubro
Ltd
5,487
292,731
(c)
LTIMindtree
Ltd
18,290
17,591
Lupin
Ltd
248
381,648
Mahindra
&
Mahindra
Ltd
7,127
113,145
Marico
Ltd
764
29,358
Maruti
Suzuki
India
Ltd
3,743
167,631
Max
Healthcare
Institute
Ltd
1,145
16,102
Mphasis
Ltd
459
406
MRF
Ltd
524
9,441
Muthoot
Finance
Ltd
142
7,433
Nestle
India
Ltd
2,012
974,725
NTPC
Ltd
2,877
1,188
Page
Industries
Ltd
557
193,907
Petronet
LNG
Ltd
559
18,712
PI
Industries
Ltd
777
33,182
Pidilite
Industries
Ltd
973
237,260
(a)
Piramal
Pharma
Ltd
292
62,032
(a)
Power
Finance
Corp
Ltd
188
248,127
Power
Finance
Corp
Ltd
751
1,050,480
Power
Grid
Corp
of
India
Ltd
2,521
101,787
REC
Ltd
352
660,048
Reliance
Industries
Ltd
18,583
646,447
(a)
Reliance
Strategic
Investments
Ltd
1,800
508,889
Samvardhana
Motherson
International
Ltd
586
22,113
SBI
Cards
&
Payment
Services
Ltd
210
97,297
(c)
SBI
Life
Insurance
Co
Ltd
1,526
1,894
Shree
Cement
Ltd
580
22,757
Shriram
Finance
Ltd
525
19,484
Siemens
India
Ltd
860
85,461
(c)
Sona
Blw
Precision
Forgings
Ltd
599
31,641
SRF
Ltd
855
146,041
State
Bank
of
India
1,049
284,067
Sun
Pharmaceutical
Industries
Ltd
3,954
14,575
Supreme
Industries
Ltd
723
192,574
Tata
Consultancy
Services
Ltd
8,154
119,033
Tata
Consumer
Products
Ltd
1,255
6,961
Tata
Elxsi
Ltd
604
361,375
Tata
Motors
Ltd
2,733
312,236
Tata
Power
Co
Ltd
984
1,583,427
(a)
Tata
Steel
Ltd
2,449
44,122
Tech
Mahindra
Ltd
648
75,864
Titan
Co
Ltd
2,870
161
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
22,397
Torrent
Pharmaceuticals
Ltd
$
520
38,714
Trent
Ltd
968
22,286
Tube
Investments
of
India
Ltd
800
49,694
TVS
Motor
Co
Ltd
908
25,248
Ultra
Tech
Cement
Ltd
2,504
63,880
(a)
United
Spirits
Ltd
773
101,173
UPL
Ltd
749
98,647
Varun
Beverages
Ltd
1,120
185,897
Vedanta
Ltd
495
107,093
Wipro
Ltd
521
1,005,016
(a)
Yes
Bank
Ltd
208
927,564
(a)
Zomato
Ltd
1,130
TOTAL
INDIA
256,795
INDONESIA
-
0.2%
3,558,600
Adaro
Energy
Indonesia
Tbk
PT
655
4,474,500
Astra
International
Tbk
PT
1,797
12,309,400
Bank
Central
Asia
Tbk
PT
7,013
6,940,000
Bank
Negara
Indonesia
Persero
Tbk
PT
4,629
78,113,593
Bank
Rakyat
Indonesia
26,382
5,904,297
Barito
Pacific
Tbk
PT
496
1,516,900
(a)
Charoen
Pokphand
Indonesia
Tbk
PT
532
178,534,400
(a)
GoTo
Gojek
Tokopedia
Tbk
PT
977
586,900
Indah
Kiat
Pulp
&
Paper
Tbk
PT
421
472,000
Indofood
CBP
Sukses
Makmur
Tbk
PT
338
4,506,100
Kalbe
Farma
Tbk
PT
511
2,319,288
(a)
Merdeka
Copper
Gold
Tbk
PT
431
1,506,700
PT
Aneka
Tambang
Tbk
176
3,069,794
PT
Bank
Mandiri
Persero
Tbk
1,195
937,800
PT
Indofood
Sukses
Makmur
Tbk
402
722,533
PT
Semen
Gresik
Persero
Tbk
300
1,625,800
PT
Unilever
Indonesia
Tbk
393
361,400
PT
United
Tractors
Tbk
659
480,300
PT
Vale
Indonesia
Tbk
175
3,821,800
Sarana
Menara
Nusantara
Tbk
PT
237
3,592,700
Sumber
Alfaria
Trijaya
Tbk
PT
688
10,903,400
Telkom
Indonesia
Persero
Tbk
PT
2,643
TOTAL
INDONESIA
51,050
IRELAND
-
0.6%
3,625,738
AIB
Group
plc
16,251
1,945,851
Bank
of
Ireland
Group
plc
19,022
1,404,677
(a),(d)
CRH
plc
76,878
15,168
Kerry
Group
plc
(Class
A)
1,267
428,877
Keywords
Studios
plc
8,064
40,836
(a)
Prothena
Corp
plc
1,970
493,757
Smurfit
Kappa
Group
plc
16,403
TOTAL
IRELAND
139,855
ISRAEL
-
0.0%
249,295
Bank
Hapoalim
Ltd
2,221
318,977
Bank
Leumi
Le-Israel
2,643
255,553
Israel
Discount
Bank
Ltd
1,385
30,781
Mizrahi
Tefahot
Bank
Ltd
1,118
TOTAL
ISRAEL
7,367
ITALY
-
0.8%
421,320
(e)
Amplifon
S.p.A.
12,472
3,501,860
Davide
Campari-Milano
NV
41,225
9,004,841
Enel
S.p.A.
55,224
129,794
Ferrari
NV
38,261
640,345
Moncler
S.p.A
37,111
CREF
Global
Equities
Account
September
30,
2023
162
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,882,881
PRADA
S.p.A
$
11,035
TOTAL
ITALY
195,328
JAPAN
-
5.8%
87,600
Acom
Co
Ltd
204
353
Activia
Properties,
Inc
974
300
Aeon
Mall
Co
Ltd
4
321,600
Aisin
Seiki
Co
Ltd
12,152
10,008
(a)
All
Nippon
Airways
Co
Ltd
210
26,000
(e)
Aozora
Bank
Ltd
531
195,500
Asahi
Intecc
Co
Ltd
3,505
210,079
Asahi
Kasei
Corp
1,322
352,700
Astellas
Pharma,
Inc
4,882
7,000
Bank
of
Kyoto
Ltd
395
460,000
BayCurrent
Consulting,
Inc
15,328
334,685
Central
Japan
Railway
Co
8,139
9,400
Century
Leasing
System,
Inc
375
116,400
Chiba
Bank
Ltd
846
149,800
Chubu
Electric
Power
Co,
Inc
1,907
225,700
Concordia
Financial
Group
Ltd
1,028
214,700
Daifuku
Co
Ltd
4,053
236,800
Dai-ichi
Life
Holdings,
Inc
4,889
2,574,091
Daiichi
Sankyo
Co
Ltd
70,472
95,031
Daikin
Industries
Ltd
14,898
7,600
Daito
Trust
Construction
Co
Ltd
801
348
Daiwa
House
REIT
Investment
Corp
614
317,200
(a),(e)
Daiwa
Securities
Group,
Inc
1,829
73,000
Disco
Corp
13,487
139,886
East
Japan
Railway
Co
8,005
121,000
Eisai
Co
Ltd
6,706
505,600
ENEOS
Holdings,
Inc
1,990
20,200
Fast
Retailing
Co
Ltd
4,400
37,800
Fukuoka
Financial
Group,
Inc
904
178,499
GMO
Payment
Gateway,
Inc
9,740
257,000
(a)
Hitachi
Construction
Machinery
Co
Ltd
7,799
1,578,664
(a)
Hitachi
Ltd
97,842
167,900
Hulic
Co
Ltd
1,506
812
Hulic
Reit,
Inc
866
35,537
Idemitsu
Kosan
Co
Ltd
815
4,143,800
Infomart
Corp
11,112
155,774
Inpex
Holdings,
Inc
2,336
8
(e)
Invincible
Investment
Corp
3
88,800
Japan
Post
Bank
Co
Ltd
773
345,900
Japan
Post
Holdings
Co
Ltd
2,767
49,400
Japan
Post
Insurance
Co
Ltd
831
4
Japan
Retail
Fund
Investment
Corp
3
206,040
Japan
Tobacco,
Inc
4,741
441,200
JGC
Corp
6,130
32,573
JSR
Corp
874
141,500
Kansai
Electric
Power
Co,
Inc
1,959
100,600
Kao
Corp
3,729
315,700
KDDI
Corp
9,664
142
Kenedix
Realty
Investment
Corp
328
203,700
Mebuki
Financial
Group,
Inc
563
174,800
Mitsubishi
Corp
8,329
758,900
Mitsubishi
Electric
Corp
9,376
396,573
Mitsubishi
Estate
Co
Ltd
5,174
9,677,900
Mitsubishi
UFJ
Financial
Group,
Inc
82,012
88,400
Mitsubishi
UFJ
Lease
&
Finance
Co
Ltd
589
1,035,300
Mitsui
&
Co
Ltd
37,550
8,350
Mitsui
Fudosan
Co
Ltd
184
1,306
Mitsui
Fudosan
Logistics
Park,
Inc
4,113
163
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
97,700
Mitsui
Sumitomo
Insurance
Group
Holdings,
Inc
$
3,575
529,600
Mizuho
Financial
Group,
Inc
8,992
901,800
MonotaRO
Co
Ltd
9,614
308
Mori
Hills
REIT
Investment
Corp
292
953,400
Murata
Manufacturing
Co
Ltd
17,392
1,227,200
Nikon
Corp
12,925
3,335,800
Nintendo
Co
Ltd
138,612
131,700
Nippon
Paint
Co
Ltd
884
6,162,500
Nippon
Telegraph
&
Telephone
Corp
7,294
690,400
(a)
Nomura
Holdings,
Inc
2,765
836
Nomura
Real
Estate
Master
Fund,
Inc
936
133,895
OJI
Paper
Co
Ltd
563
128,811
Omron
Corp
5,732
538,500
Oriental
Land
Co
Ltd
17,667
288,300
ORIX
Corp
5,383
565
Orix
JREIT,
Inc
678
111,900
Osaka
Securities
Exchange
Co
Ltd
2,073
196,200
Otsuka
Holdings
Co
Ltd
6,966
167,200
PALTAC
Corp
5,238
448,100
Panasonic
Corp
5,058
1,761,900
Recruit
Holdings
Co
Ltd
53,905
1,757,700
(a)
Renesas
Electronics
Corp
26,849
459,200
Resona
Holdings,
Inc
2,539
51,800
SBI
Holdings,
Inc
1,090
149,600
Sekisui
House
Ltd
2,977
102,000
Seven
&
I
Holdings
Co
Ltd
3,993
129,500
Seven
Bank
Ltd
269
264,198
(a)
SHIFT,
Inc
48,045
245,200
Shin-Etsu
Chemical
Co
Ltd
7,122
21,800
Shiseido
Co
Ltd
764
91,500
Shizuoka
Financial
Group,
Inc
746
73,700
Sompo
Holdings,
Inc
3,159
1,981,165
Sony
Corp
162,011
3,568
Star
Asia
Investment
Corp
1,381
88,001
Sumitomo
Heavy
Industries
Ltd
2,228
1,698,501
Sumitomo
Mitsui
Financial
Group,
Inc
83,441
74,200
Sumitomo
Mitsui
Trust
Holdings,
Inc
2,793
20
Sumitomo
Realty
&
Development
Co
Ltd
1
118,000
T&D
Holdings,
Inc
1,940
19,782
Taiyo
Nippon
Sanso
Corp
468
420,900
Takeda
Pharmaceutical
Co
Ltd
13,046
644,897
TechnoPro
Holdings,
Inc
14,016
415,600
Tokio
Marine
Holdings,
Inc
9,623
297,600
(a)
Tokyo
Electric
Power
Co,
Inc
1,327
141,300
Tokyo
Electron
Ltd
19,300
157,100
Tokyo
Gas
Co
Ltd
3,562
272,600
Tokyo
Tatemono
Co
Ltd
3,769
240,501
Toray
Industries,
Inc
1,251
6,958,910
(a)
Toyota
Motor
Corp
124,845
518
United
Urban
Investment
Corp
539
TOTAL
JAPAN
1,346,196
KOREA,
REPUBLIC
OF
-
1.3%
6,228
Amorepacific
Corp
563
1,981
BGF
retail
Co
Ltd
207
8,682
Celltrion
Healthcare
Co
Ltd
405
1,253
(a)
Celltrion
Pharm
Inc
62
23,417
Celltrion,
Inc
2,416
1,735
CJ
CheilJedang
Corp
394
5,052
(a)
CosmoAM&T
Co
Ltd
556
10,076
Coway
Co
Ltd
308
12,107
Daewoo
International
Corp
636
CREF
Global
Equities
Account
September
30,
2023
164
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
3,699
(a)
Daewoo
Shipbuilding
&
Marine
Engineering
Co
Ltd
$
84
10,102
Dongbu
Insurance
Co
Ltd
669
12,315
Doosan
Bobcat,
Inc
465
98,800
(a)
Doosan
Heavy
Industries
and
Construction
Co
Ltd
1,201
10,590
Ecopro
BM
Co
Ltd
1,978
4,321
Ecopro
Co
Ltd
2,868
3,295
F&F
Co
Ltd
276
11,740
GS
Holdings
Corp
346
24,250
Hana
Financial
Group,
Inc
760
14,935
Hankook
Tire
&
Technology
Co
Ltd
437
534
Hanmi
Pharm
Co
Ltd
118
9,829
Hanmi
Semiconductor
Co
Ltd
383
34,770
Hanon
Systems
242
21,760
(a)
Hanwha
Chemical
Corp
480
3,805
HD
Hyundai
Co
Ltd
187
4,699
(a)
HD
Hyundai
Heavy
Industries
Co
Ltd
421
24,344
(a)
HLB,
Inc
540
19,357
HMM
Co
Ltd
233
4,237
Honam
Petrochemical
Corp
430
6,853
Hotel
Shilla
Co
Ltd
429
3,975
(a)
HYBE
Co
Ltd
700
162,384
Hynix
Semiconductor,
Inc
13,748
17,554
Hyundai
Engineering
&
Construction
Co
Ltd
471
3,996
Hyundai
Glovis
Co
Ltd
545
9,773
(a)
Hyundai
Heavy
Industries
803
1,844
(a)
Hyundai
Mipo
Dockyard
113
13,257
Hyundai
Mobis
2,359
29,773
Hyundai
Motor
Co
4,210
8,183
Hyundai
Motor
Co
Ltd
(2nd
Preference)
641
5,358
Hyundai
Motor
Co
Ltd
(Preference)
417
18,574
Hyundai
Steel
Co
522
21,817
Industrial
Bank
of
Korea
181
6,187
JYP
Entertainment
Corp
514
25,075
Kakao
Corp
818
5,790
(a)
Kakao
Games
Corp
109
13,449
KakaoBank
Corp
233
5,138
(a)
Kakaopay
Corp
155
15,692
Kangwon
Land,
Inc
176
167,400
KB
Financial
Group,
Inc
6,828
56,450
Kia
Motors
Corp
3,398
15,881
Korea
Aerospace
Industries
Ltd
573
20,528
Korea
Electric
Power
Corp
273
2,984
Korea
Investment
Holdings
Co
Ltd
117
1,696
Korea
Zinc
Co
Ltd
635
41,061
Korean
Air
Lines
Co
Ltd
661
5,928
(a),(c)
Krafton,
Inc
662
5,263
KT
Corp
130
22,761
KT&G
Corp
1,454
3,509
Kumho
Petrochemical
Co
Ltd
348
5,338
L&F
Co
Ltd
681
10,668
LG
Chem
Ltd
3,906
1,719
LG
Chem
Ltd
(Preference)
395
20,541
LG
Corp
1,277
18,688
LG
Display
Co
Ltd
181
8,693
LG
Electronics,
Inc
649
10,085
(a)
LG
Energy
Solution
Ltd
3,557
1,929
LG
Household
&
Health
Care
Ltd
636
1,064
LG
Innotek
Co
Ltd
193
18,879
LG
Telecom
Ltd
145
4,417
Lotte
Energy
Materials
Corp
130
22,598
Meritz
Financial
Group,
Inc
925
17,668
Mirae
Asset
Daewoo
Co
Ltd
84
165
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
27,546
Naver
Corp
$
4,119
1,093
NCSoft
Corp
180
1,443
(c)
Netmarble
Corp
45
5,213
Orion
Corp/Republic
of
Korea
497
21,188
Pan
Ocean
Co
Ltd
78
2,575
(a)
Pearl
Abyss
Corp
89
15,610
POSCO
6,150
6,740
POSCO
Future
M
Co
Ltd
1,783
5,283
(a),(c)
Samsung
Biologics
Co
Ltd
2,667
17,618
Samsung
C&T
Corp
1,405
4,540
Samsung
Electro-Mechanics
Co
Ltd
461
3,788,281
Samsung
Electronics
Co
Ltd
191,513
67,481
Samsung
Electronics
Co
Ltd
(Preference)
2,719
36,182
(a)
Samsung
Engineering
Co
Ltd
810
6,825
Samsung
Fire
&
Marine
Insurance
Co
Ltd
1,313
144,979
(a)
Samsung
Heavy
Industries
Co
Ltd
841
17,479
Samsung
Life
Insurance
Co
Ltd
909
21,159
Samsung
SDI
Co
Ltd
7,996
3,154
Samsung
SDS
Co
Ltd
316
4,443
Samsung
Securities
Co
Ltd
121
2,897
Samsung
Techwin
Co
Ltd
224
101,940
Shinhan
Financial
Group
Co
Ltd
2,683
4,665
(a)
SK
Biopharmaceuticals
Co
Ltd
298
1,817
(a)
SK
Bioscience
Co
Ltd
91
5,158
(a),(c)
SK
IE
Technology
Co
Ltd
282
14,057
(a)
SK
Innovation
Co
Ltd
1,542
20,572
(a)
SK
Square
Co
Ltd
646
8,091
SK,
Inc
875
3,779
SKC
Co
Ltd
212
11,542
S-Oil
Corp
675
49,784
Woori
Financial
Group,
Inc
451
11,333
Woori
Investment
&
Securities
Co
Ltd
86
4,427
Yuhan
Corp
249
TOTAL
KOREA,
REPUBLIC
OF
304,973
KUWAIT
-
0.0%
356,947
Agility
Public
Warehousing
Co
KSC
643
107,370
Boubyan
Bank
KSCP
210
145,866
Gulf
Bank
KSCP
124
665,469
Kuwait
Finance
House
KSCP
1,576
148,555
Mabanee
Co
SAK
396
488,697
Mobile
Telecommunications
Co
KSCP
769
620,501
National
Bank
of
Kuwait
SAKP
1,818
TOTAL
KUWAIT
5,536
LUXEMBOURG
-
0.0%
11,120
Reinet
Investments
S.C.A
244
TOTAL
LUXEMBOURG
244
MACAU
-
0.0%
284,000
Galaxy
Entertainment
Group
Ltd
1,699
TOTAL
MACAU
1,699
MALAYSIA
-
0.1%
115,500
AMMB
Holdings
BHD
91
197,043
Axiata
Group
Bhd
104
519,179
Bumiputra-Commerce
Holdings
BHD
600
943,400
Dialog
Group
Bhd
425
290,600
Digi.Com
BHD
271
405,572
Gamuda
BHD
383
420,400
Genting
BHD
373
562,400
Genting
Malaysia
BHD
299
CREF
Global
Equities
Account
September
30,
2023
166
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
46,800
Hong
Leong
Bank
BHD
$
194
6,300
Hong
Leong
Credit
BHD
24
170,900
IHH
Healthcare
Bhd
212
520,400
Inari
Amertron
Bhd
321
490,500
IOI
Corp
BHD
415
102,030
Kuala
Lumpur
Kepong
BHD
464
451,529
Malayan
Banking
BHD
845
148,460
Malaysia
Airports
Holdings
Bhd
225
196,800
Maxis
Bhd
169
395,600
MISC
Bhd
596
411,250
(c)
MR
DIY
Group
M
Bhd
132
11,200
Nestle
Malaysia
Bhd
302
607,600
Petronas
Chemicals
Group
Bhd
929
86,900
Petronas
Dagangan
BHD
414
232,600
Petronas
Gas
BHD
834
117,780
PPB
Group
BHD
388
760,600
Press
Metal
Aluminium
Holdings
Bhd
762
1,168,900
Public
Bank
Bhd
1,010
173,450
QL
Resources
Bhd
202
116,039
RHB
Capital
BHD
134
513,600
Sime
Darby
BHD
241
414,100
Sime
Darby
Plantation
Bhd
377
87,641
Telekom
Malaysia
BHD
91
597,100
Tenaga
Nasional
BHD
1,270
TOTAL
MALAYSIA
13,097
MEXICO
-
0.3%
604,400
Alfa
S.A.
de
C.V.
(Class
A)
393
4,136,100
America
Movil
SAB
de
C.V.
3,581
111,200
Arca
Continental
SAB
de
C.V.
1,010
58,600
(c)
Banco
del
Bajio
S.A.
184
3,300,594
(a)
Cemex
S.A.
de
C.V.
2,153
114,465
Coca-Cola
Femsa
SAB
de
C.V.
898
611,400
Fibra
Uno
Administracion
S.A.
de
C.V.
1,019
423,500
Fomento
Economico
Mexicano
S.A.
de
C.V.
4,625
372,372
Fomento
Economico
Mexicano
SAB
de
C.V.
(ADR)
40,644
37,875
Gruma
SAB
de
C.V.
649
83,100
Grupo
Aeroportuario
del
Pacifico
S.A.
de
C.V.
(B
Shares)
1,366
40,185
(e)
Grupo
Aeroportuario
del
Sureste
S.A.
de
C.V.
(Class
B)
984
284,900
(e)
Grupo
Bimbo
S.A.
de
C.V.
(Series
A)
1,374
134,400
(e)
Grupo
Carso
S.A.
de
C.V.
(Series
A1)
985
1,022,000
Grupo
Financiero
Banorte
S.A.
de
C.V.
8,568
145,727
(a)
Grupo
Financiero
Inbursa
S.A.
287
671,600
Grupo
Mexico
S.A.
de
C.V.
(Series
B)
3,179
464,000
(e)
Grupo
Televisa
S.A.
282
41,795
(a),(e)
Industrias
Penoles
S.A.
de
C.V.
493
322,100
Kimberly-Clark
de
Mexico
S.A.
de
C.V.
(Class
A)
641
228,500
(e)
Operadora
De
Sites
Mexicanos
SAB
de
C.V.
190
211,400
Orbia
Advance
Corp
SAB
de
C.V.
439
37,565
Promotora
y
Operadora
de
Infraestructura
SAB
de
C.V.
336
19,492
Southern
Copper
Corp
1,468
1,134,100
Wal-Mart
de
Mexico
SAB
de
C.V.
4,269
TOTAL
MEXICO
80,017
NETHERLANDS
-
2.0%
10,643
(a),(c)
Adyen
NV
7,891
24,562
(a)
Argenx
SE
11,961
18,995
(a)
Argenx
SE
9,285
197,166
ASML
Holding
NV
116,082
122,379
(c)
Euronext
NV
8,513
256,281
Heineken
NV
22,594
7,783,891
ING
Groep
NV
102,592
167
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
254,159
Koninklijke
Ahold
Delhaize
NV
$
7,660
613,597
Koninklijke
KPN
NV
2,022
5,592,485
Shell
plc
177,249
TOTAL
NETHERLANDS
465,849
NORWAY
-
0.6%
676,678
Aker
BP
ASA
18,685
3,354,061
Equinor
ASA
109,919
193,752
Gjensidige
Forsikring
ASA
2,843
669,644
Norsk
Hydro
ASA
4,191
TOTAL
NORWAY
135,638
PERU
-
0.0%
45,400
Cia
de
Minas
Buenaventura
S.A.
(ADR)
(Series
B)
387
15,800
Credicorp
Ltd
2,022
TOTAL
PERU
2,409
PHILIPPINES
-
0.1%
352,740
Aboitiz
Equity
Ventures,
Inc
313
19,700
Ayala
Corp
217
1,475,370
Ayala
Land,
Inc
767
164,624
Bank
of
the
Philippine
Islands
326
616,610
BDO
Unibank,
Inc
1,543
220,480
International
Container
Term
Services,
Inc
805
505,755
JG
Summit
Holdings
(Series
B)
340
90,180
Jollibee
Foods
Corp
365
66,700
Manila
Electric
Co
434
133,823
Metropolitan
Bank
&
Trust
128
5,805
PLDT,
Inc
120
5,826,950
Robinsons
Retail
Holdings,
Inc
4,810
19,810
SM
Investments
Corp
295
2,243,300
SM
Prime
Holdings
1,201
187,610
Universal
Robina
Corp
394
TOTAL
PHILIPPINES
12,058
POLAND
-
0.0%
98,317
(a),(c)
Allegro.eu
S.A.
722
47,845
Bank
Pekao
S.A.
1,100
2,787
(a)
Bank
Zachodni
WBK
S.A.
229
1,173
(a)
BRE
Bank
S.A.
106
2,809
Budimex
S.A.
279
4,895
CD
Projekt
S.A.
140
36,861
Cyfrowy
Polsat
S.A.
102
10,222
(a),(c)
Dino
Polska
S.A.
828
27,525
KGHM
Polska
Miedz
S.A.
701
234
LPP
S.A.
694
192,369
(a)
PGE
Polska
Grupa
Energetyczna
S.A.
329
140,196
Polski
Koncern
Naftowy
Orlen
S.A.
1,878
217,545
(a)
Powszechna
Kasa
Oszczednosci
Bank
Polski
S.A.
1,721
128,535
Powszechny
Zaklad
Ubezpieczen
S.A.
1,214
TOTAL
POLAND
10,043
PORTUGAL
-
0.1%
750,164
Jeronimo
Martins
SGPS
S.A.
16,847
TOTAL
PORTUGAL
16,847
QATAR
-
0.0%
471,443
Barwa
Real
Estate
Co
334
259,860
Commercial
Bank
PSQC
385
426,751
Dukhan
Bank
466
333,378
Industries
Qatar
QSC
1,256
452,158
Masraf
Al
Rayan
QSC
277
CREF
Global
Equities
Account
September
30,
2023
168
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
852,725
Mesaieed
Petrochemical
Holding
Co
$
435
194,748
Ooredoo
QPSC
572
102,836
Qatar
Electricity
&
Water
Co
QSC
495
154,168
Qatar
Fuel
QSC
699
589,930
Qatar
Gas
Transport
Co
Ltd
603
72,345
Qatar
International
Islamic
Bank
QSC
191
133,102
Qatar
Islamic
Bank
SAQ
679
984,517
Qatar
National
Bank
QPSC
4,166
TOTAL
QATAR
10,558
ROMANIA
-
0.0%
111,129
NEPI
Rockcastle
NV
611
TOTAL
ROMANIA
611
RUSSIA
-
0.0%
12,672
(a),(e),(f)
Ozon
Holdings
plc
(ADR)
0
^
211,169
(a),(f)
VTB
Bank
PJSC
(GDR)
Tradegate
2
TOTAL
RUSSIA
2
SAUDI
ARABIA
-
0.3%
20,643
ACWA
Power
Co
1,076
25,359
Advanced
Petrochemical
Co
271
616,117
Al
Rajhi
Bank
11,162
589,081
Alinma
Bank
5,251
55,648
Almarai
Co
JSC
944
54,472
Arab
National
Bank
349
5,254
Arabian
Internet
&
Communications
Services
Co
448
39,030
Bank
AlBilad
441
29,288
(a)
Bank
Al-Jazira
131
47,436
Banque
Saudi
Fransi
462
16,043
Bupa
Arabia
for
Cooperative
Insurance
Co
890
16,402
Co
for
Cooperative
Insurance
551
7,502
Dallah
Healthcare
Co
285
46,635
(a)
Dar
Al
Arkan
Real
Estate
Development
Co
196
47,636
Dr
Sulaiman
Al
Habib
Medical
Services
Group
Co
2,994
5,328
Elm
Co
1,108
84,815
Etihad
Etisalat
Co
1,008
124,222
Jarir
Marketing
Co
480
98,025
Mobile
Telecommunications
Co
Saudi
Arabia
344
86,832
Mouwasat
Medical
Services
Co
2,380
8,661
Nahdi
Medical
Co
333
65,946
(a)
National
Industrialization
Co
223
17,441
Power
&
Water
Utility
Co
for
Jubail
&
Yanbu
292
93,691
(a)
Rabigh
Refining
&
Petrochemical
Co
271
347,650
Riyad
Bank
2,574
51,246
SABIC
Agri-Nutrients
Co
1,819
76,876
Sahara
International
Petrochemical
Co
776
275,357
(a)
Saudi
Arabian
Mining
Co
2,964
598,579
(c)
Saudi
Arabian
Oil
Co
5,576
11,393
Saudi
Aramco
Base
Oil
Co
452
81,337
Saudi
Awwal
Bank
748
196,222
Saudi
Basic
Industries
Corp
4,321
183,263
Saudi
Electricity
Co
933
78,035
Saudi
Industrial
Investment
Group
495
35,266
Saudi
Investment
Bank
149
153,575
(a)
Saudi
Kayan
Petrochemical
Co
512
520,645
Saudi
National
Bank
4,555
7,066
(a)
Saudi
Research
&
Media
Group
310
3,842
Saudi
Tadawul
Group
Holding
Co
198
439,303
Saudi
Telecom
Co
4,406
56,983
Savola
Group
548
169
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
61,427
Yanbu
National
Petrochemical
Co
$
682
TOTAL
SAUDI
ARABIA
63,908
SINGAPORE
-
0.1%
607,800
Ascendas
REIT
1,219
28,001
(e)
CapitaLand
Ascott
Trust
20
491,142
Capitaland
Investment
Ltd
1,110
72,904
CapitaMall
Trust
98
394,000
DBS
Group
Holdings
Ltd
9,677
725,861
Oversea-Chinese
Banking
Corp
6,788
176,500
Singapore
Exchange
Ltd
1,256
1,541,800
Singapore
Telecommunications
Ltd
2,729
258,216
United
Overseas
Bank
Ltd
5,378
TOTAL
SINGAPORE
28,275
SOUTH
AFRICA
-
0.2%
68,795
Absa
Group
Ltd
634
20,747
African
Rainbow
Minerals
Ltd
186
13,055
Anglo
American
Platinum
Ltd
487
79,255
(e)
Aspen
Pharmacare
Holdings
Ltd
719
73,097
(e)
Bid
Corp
Ltd
1,630
61,686
(e)
Bidvest
Group
Ltd
889
50,946
(e)
Capitec
Bank
Holdings
Ltd
4,607
49,111
Clicks
Group
Ltd
671
112,811
(a)
Discovery
Ltd
817
62,178
(e)
Exxaro
Resources
Ltd
566
722,033
FirstRand
Ltd
2,431
191,117
Gold
Fields
Ltd
2,072
690,375
Growthpoint
Properties
Ltd
385
116,384
Harmony
Gold
Mining
Co
Ltd
437
184,022
(e)
Impala
Platinum
Holdings
Ltd
959
13,990
Kumba
Iron
Ore
Ltd
336
366,810
MTN
Group
Ltd
2,186
42,211
Naspers
Ltd
6,753
36,087
Nedbank
Group
Ltd
386
71,656
Northam
Platinum
Holdings
Ltd
435
1,072,285
Old
Mutual
Ltd
683
173,339
OUTsurance
Group
Ltd
392
365,536
(c)
Pepkor
Holdings
Ltd
332
105,742
Remgro
Ltd
829
388,156
Sanlam
Ltd
1,347
125,068
(e)
Sasol
Ltd
1,717
108,109
(e)
Shoprite
Holdings
Ltd
1,369
601,408
(e)
Sibanye
Stillwater
Ltd
923
687,743
Standard
Bank
Group
Ltd
6,673
137,108
Vodacom
Group
Ltd
766
203,665
Woolworths
Holdings
Ltd
730
TOTAL
SOUTH
AFRICA
43,347
SPAIN
-
0.5%
287,054
Amadeus
IT
Holding
S.A.
17,339
8,768,349
Banco
Bilbao
Vizcaya
Argentaria
S.A.
70,962
3,721,171
CaixaBank
S.A.
14,825
796,195
Iberdrola
S.A.
8,905
278,126
Industria
de
Diseno
Textil
S.A.
10,350
108,528
(a),(e),(f)
Let's
GOWEX
S.A.
1
16,859
Merlin
Properties
Socimi
S.A.
142
1,033,594
(e)
Telefonica
S.A.
4,222
TOTAL
SPAIN
126,746
SWEDEN
-
0.3%
1,087,959
Assa
Abloy
AB
23,640
CREF
Global
Equities
Account
September
30,
2023
170
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
58,007
Boliden
AB
$
1,665
126,224
(c)
Evolution
AB
12,737
392,102
(a),(e)
Fastighets
AB
Balder
1,758
1,231,856
Sandvik
AB
22,666
26,421
(a)
SAS
AB
1
1,379,869
Skandinaviska
Enskilda
Banken
AB
(Class
A)
16,450
TOTAL
SWEDEN
78,917
SWITZERLAND
-
1.1%
105,642
Alcon,
Inc
8,152
104,977
Cie
Financiere
Richemont
S.A.
12,784
44,999
DSM-Firmenich
AG.
3,803
4,635
Givaudan
S.A.
15,091
181,440
Lonza
Group
AG.
83,924
405,148
Novartis
AG.
41,377
909,334
(a)
On
Holding
AG.
25,298
10,209
PSP
Swiss
Property
AG.
1,204
9,057
Sonova
Holdings
AG
2,144
52,106
Straumann
Holding
AG.
6,632
10,209
Swiss
Prime
Site
AG.
935
816,244
UBS
Group
AG
20,106
71,414
Zurich
Insurance
Group
AG
32,676
TOTAL
SWITZERLAND
254,126
TAIWAN
-
1.8%
109,571
Accton
Technology
Corp
1,681
236,000
Acer,
Inc
266
36,725
Advantech
Co
Ltd
393
563,000
ASE
Technology
Holding
Co
Ltd
1,922
191,000
Asia
Cement
Corp
235
58,000
Asustek
Computer,
Inc
660
549,800
AU
Optronics
Corp
279
48,189
Catcher
Technology
Co
Ltd
273
2,089,585
Cathay
Financial
Holding
Co
Ltd
2,885
324,294
Chailease
Holding
Co
Ltd
1,821
409,001
Chang
Hwa
Commercial
Bank
219
419,000
Cheng
Shin
Rubber
Industry
Co
Ltd
552
211,000
China
Airlines
139
1,294,844
China
Development
Financial
Holding
Corp
473
2,531,000
China
Steel
Corp
1,981
8,008,000
Chinatrust
Financial
Holding
Co
6,084
322,000
Chunghwa
Telecom
Co
Ltd
1,157
352,000
Compal
Electronics,
Inc
335
929,727
Dadi
Early-Childhood
Education
Group
Ltd
2,221
1,127,000
Delta
Electronics,
Inc
11,351
1,068,142
E
Ink
Holdings,
Inc
5,956
3,151,918
E.Sun
Financial
Holding
Co
Ltd
2,369
866,000
Eclat
Textile
Co
Ltd
13,067
14,000
eMemory
Technology,
Inc
879
201,000
Eva
Airways
Corp
185
208,292
Evergreen
Marine
Corp
Taiwan
Ltd
749
674,000
Far
Eastern
Textile
Co
Ltd
601
139,000
Far
EasTone
Telecommunications
Co
Ltd
313
101,245
Feng
TAY
Enterprise
Co
Ltd
575
886,715
First
Financial
Holding
Co
Ltd
730
758,000
Formosa
Chemicals
&
Fibre
Corp
1,444
277,391
Formosa
Petrochemical
Corp
693
840,000
Formosa
Plastics
Corp
2,077
1,742,977
Fubon
Financial
Holding
Co
Ltd
3,282
2,551,734
Fuhwa
Financial
Holdings
Co
Ltd
1,982
60,797
Giant
Manufacturing
Co
Ltd
336
112,000
Gigabyte
Technology
Co
Ltd
984
171
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
19,000
Global
Unichip
Corp
$
809
17,000
Globalwafers
Co
Ltd
240
2,562,000
Hon
Hai
Precision
Industry
Co,
Ltd
8,258
1,934,278
Hota
Industrial
Manufacturing
Co
Ltd
3,835
64,280
Hotai
Motor
Co
Ltd
1,306
696,069
Hua
Nan
Financial
Holdings
Co
Ltd
442
757,587
InnoLux
Display
Corp
309
215,000
Inventec
Co
Ltd
328
8,604
Largan
Precision
Co
Ltd
570
167,000
Lite-On
Technology
Corp
631
541,242
MediaTek,
Inc
12,374
2,666,728
Mega
Financial
Holding
Co
Ltd
3,117
59,000
Micro-Star
International
Co
Ltd
300
17,040
momo.com,
Inc
266
1,035,000
Nan
Ya
Plastics
Corp
2,135
17,000
Nan
Ya
Printed
Circuit
Board
Corp
141
100,000
Nanya
Technology
Corp
204
33,000
Nien
Made
Enterprise
Co
Ltd
317
48,000
Novatek
Microelectronics
Corp
Ltd
630
164,000
Pegatron
Corp
389
18,000
(a)
PharmaEssentia
Corp
188
453,000
Pou
Chen
Corp
403
638,000
Powerchip
Semiconductor
Manufacturing
Corp
526
130,522
President
Chain
Store
Corp
1,061
222,000
Quanta
Computer,
Inc
1,662
40,000
Realtek
Semiconductor
Corp
491
320,679
Ruentex
Development
Co
Ltd
350
306,791
Shanghai
Commercial
&
Savings
Bank
Ltd
411
2,838,684
Shin
Kong
Financial
Holding
Co
Ltd
816
2,684,796
SinoPac
Financial
Holdings
Co
Ltd
1,448
89,000
Synnex
Technology
International
Corp
177
907,806
Taishin
Financial
Holdings
Co
Ltd
504
467,968
Taiwan
Business
Bank
192
526,579
Taiwan
Cement
Corp
543
836,122
Taiwan
Cooperative
Financial
Holding
Co
Ltd
663
391,000
Taiwan
High
Speed
Rail
Corp
363
147,000
Taiwan
Mobile
Co
Ltd
431
16,763,100
Taiwan
Semiconductor
Manufacturing
Co
Ltd
273,343
146,862
Taiwan
Semiconductor
Manufacturing
Co
Ltd
(ADR)
12,762
112,000
Unimicron
Technology
Corp
604
1,082,450
Uni-President
Enterprises
Corp
2,353
930,000
United
Microelectronics
Corp
1,306
70,000
Vanguard
International
Semiconductor
Corp
148
14,000
Voltronic
Power
Technology
Corp
689
609,650
Walsin
Lihwa
Corp
696
144,810
Wan
Hai
Lines
Ltd
217
241,000
Winbond
Electronics
Corp
189
214,000
Wistron
Corp
678
19,000
Wiwynn
Corp
886
119,640
WPG
Holdings
Ltd
225
26,739
Yageo
Corp
435
126,000
Yang
Ming
Marine
Transport
178
49,000
Zhen
Ding
Technology
Holding
Ltd
150
TOTAL
TAIWAN
412,838
THAILAND
-
0.1%
98,300
Advanced
Info
Service
PCL
614
926,500
Airports
of
Thailand
PCL
1,773
1,139,400
Asset
World
Corp
PCL
122
195,500
B
Grimm
Power
PCL
154
914,400
Bangkok
Dusit
Medical
Services
PCL
670
1,489,100
Bangkok
Expressway
&
Metro
PCL
339
CREF
Global
Equities
Account
September
30,
2023
172
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,985,400
Banpu
PCL
(Foreign)
$
435
204,400
Berli
Jucker
PCL
172
1,431,290
BTS
Group
Holdings
PCL
294
48,000
Bumrungrad
Hospital
PCL
352
29,400
Carabao
Group
PCL
66
448,700
Central
Pattana
PCL
777
367,975
Central
Retail
Corp
PCL
390
769,800
Charoen
Pokphand
Foods
PCL
437
1,267,600
CP
ALL
plc
2,102
440,200
CP
Axtra
PCL
389
240,000
Delta
Electronics
Thailand
PCL
543
43,900
Electricity
Generating
PCL
146
337,097
Energy
Absolute
PCL
471
135,000
Global
Power
Synergy
PCL
165
619,530
Gulf
Energy
Development
PCL
772
1,146,300
Home
Product
Center
PCL
393
346,200
Indorama
Ventures
PCL
246
216,300
Intouch
Holdings
PCL
(Class
F)
437
48,000
Kasikornbank
PCL
(Foreign)
166
788,300
Krung
Thai
Bank
PCL
410
162,900
Krungthai
Card
PCL
196
1,838,700
Land
and
Houses
PCL
393
686,700
Minor
International
PCL
589
120,000
Muangthai
Capital
PCL
118
272,700
Osotspa
PCL
187
355,600
PTT
Exploration
&
Production
PCL
1,659
494,700
PTT
Global
Chemical
PCL
467
611,700
PTT
Oil
&
Retail
Business
PCL
314
2,385,000
PTT
PCL
2,187
74,250
Ratch
Group
PCL
64
190,500
SCB
X
PCL
535
233,200
SCG
Packaging
PCL
244
166,400
Siam
Cement
PCL
1,372
81,300
Srisawad
Corp
PCL
95
379,902
Thai
Oil
PCL
524
5,856,200
(a)
TMB
Bank
PCL
(Foreign)
276
895,726
True
Corp
PCL
174
TOTAL
THAILAND
22,229
TURKEY
-
0.0%
1,227,401
Akbank
TAS
1,495
248,750
Aselsan
Elektronik
Sanayi
Ve
Ticaret
AS
370
98,650
BIM
Birlesik
Magazalar
AS
987
279,943
Eregli
Demir
ve
Celik
Fabrikalari
TAS
453
14,534
Ford
Otomotiv
Sanayi
AS
448
81,798
Haci
Omer
Sabanci
Holding
AS
178
243,208
(a)
Hektas
Ticaret
TAS
238
165,299
KOC
Holding
AS
884
193,593
Koza
Altin
Isletmeleri
AS
203
8,169
(a)
Pegasus
Hava
Tasimaciligi
AS.
245
222,194
(a)
Sasa
Polyester
Sanayi
AS
399
27,860
Tofas
Turk
Otomobil
Fabrik
300
117,015
(a)
Turk
Hava
Yollari
AO
1,033
268,740
(a)
Turkcell
Iletisim
Hizmet
AS
521
1,486,662
Turkiye
Is
Bankasi
(Series
C)
1,392
223,170
Turkiye
Petrol
Rafinerileri
AS
1,293
287,049
Turkiye
Sise
ve
Cam
Fabrikalari
AS
571
277,144
Yapi
ve
Kredi
Bankasi
186
TOTAL
TURKEY
11,196
UNITED
ARAB
EMIRATES
-
0.1%
236,513
Abu
Dhabi
Commercial
Bank
PJSC
557
173
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
117,357
Abu
Dhabi
Islamic
Bank
PJSC
$
360
695,660
Abu
Dhabi
National
Oil
Co
for
Distribution
PJSC
710
839,980
Aldar
Properties
PJSC
1,318
545,572
Americana
Restaurants
International
plc
609
234,481
Dubai
Islamic
Bank
PJSC
373
1,467,178
Emaar
Properties
PJSC
3,211
155,811
Emirates
NBD
Bank
PJSC
755
752,109
Emirates
Telecommunications
Group
Co
PJSC
4,185
358,010
First
Abu
Dhabi
Bank
PJSC
1,326
836,592
(a)
Multiply
Group
PJSC
911
5,358
(a),(f)
NMC
Health
plc
0
^
TOTAL
UNITED
ARAB
EMIRATES
14,315
UNITED
KINGDOM
-
2.7%
579,471
Allfunds
Group
PLC
3,191
88,121
AngloGold
Ashanti
UK
Ltd
1,416
1,238,888
Ashtead
Group
plc
75,129
138,096
Associated
British
Foods
plc
3,470
1,227,752
AstraZeneca
plc
165,605
1,994,150
Beazley
plc
13,409
132,749
Big
Yellow
Group
plc
1,513
7,628,340
BP
plc
49,172
647,097
British
American
Tobacco
plc
20,318
306,346
British
Land
Co
plc
1,180
96,335
(a)
Coca-Cola
Europacific
Partners
plc
6,019
811,783
Compass
Group
plc
19,760
2,971,182
(a)
Darktrace
plc
14,537
308,987
Dechra
Pharmaceuticals
plc
14,250
40,844
Derwent
London
plc
958
713,778
Diageo
plc
26,316
1,927,917
Electrocomponents
plc
17,219
856,139
Fevertree
Drinks
plc
12,535
204,229
Great
Portland
Estates
plc
1,041
306,538
Informa
plc
2,799
224,652
Land
Securities
Group
plc
1,610
106,315
(a)
Liberty
Global
plc
(Class
A)
1,820
292
(a)
Liberty
Global
plc
(Class
C)
5
6,384,971
Lloyds
TSB
Group
plc
3,431
285,097
London
Stock
Exchange
Group
plc
28,574
8,281,993
Man
Group
plc
22,511
1,200,270
National
Grid
plc
14,354
32,597
Next
plc
2,891
31,285
(a),(c)
Pepco
Group
NV
145
143,199
Reckitt
Benckiser
Group
plc
10,098
245,987
RELX
plc
8,300
767,979
RELX
plc
25,961
163,382
Safestore
Holdings
plc
1,460
198,898
Scottish
&
Southern
Energy
plc
3,898
263,090
Segro
plc
2,300
1,894,292
Standard
Chartered
plc
17,423
5,371,958
Tritax
Big
Box
REIT
plc
9,142
414,697
Unilever
plc
20,514
5,146,672
Vodafone
Group
plc
4,824
256,977
WPP
plc
2,289
TOTAL
UNITED
KINGDOM
631,387
UNITED
STATES
-
63.9%
20,101
3M
Co
1,882
147
A.O.
Smith
Corp
10
543,461
Abbott
Laboratories
52,634
610,101
AbbVie,
Inc
90,942
747
Accenture
plc
229
CREF
Global
Equities
Account
September
30,
2023
174
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
931
Activision
Blizzard,
Inc
$
87
271,237
(a)
Adobe,
Inc
138,304
1,907
(a)
Advanced
Micro
Devices,
Inc
196
156
Aecom
Technology
Corp
13
792
AES
Corp
12
31,431
Aflac,
Inc
2,412
87,959
Agilent
Technologies,
Inc
9,836
11,908
Agree
Realty
Corp
658
3,883
Air
Products
&
Chemicals,
Inc
1,100
488
(a)
Airbnb,
Inc
67
180
(a)
Akamai
Technologies,
Inc
19
26,308
Albemarle
Corp
4,473
375
Albertsons
Cos,
Inc
9
63,579
Alexandria
Real
Estate
Equities,
Inc
6,364
36,768
(a)
Align
Technology,
Inc
11,226
104
Allegion
plc
11
459,819
Alliant
Energy
Corp
22,278
311
Allstate
Corp
35
321
Ally
Financial,
Inc
9
58,950
(a)
Alnylam
Pharmaceuticals,
Inc
10,440
1,977,114
(a)
Alphabet,
Inc
260,682
2,527,952
(a)
Alphabet,
Inc
(Class
A)
330,808
1,257,543
(a),(e)
Altimmune,
Inc
3,270
323,121
Altria
Group,
Inc
13,587
4,797,635
(a)
Amazon.com,
Inc
609,875
1,742
Amcor
plc
16
275,088
Ameren
Corp
20,585
311,598
American
Electric
Power
Co,
Inc
23,438
246,038
American
Express
Co
36,706
86
American
Financial
Group,
Inc
10
290,793
American
Homes
4
Rent
9,797
607,435
American
International
Group,
Inc
36,811
85,871
American
Tower
Corp
14,121
230
American
Water
Works
Co,
Inc
28
92,508
Americold
Realty
Trust,
Inc
2,813
73,568
Ameriprise
Financial,
Inc
24,254
65,013
AmerisourceBergen
Corp
11,700
170,715
Ametek,
Inc
25,225
133,583
Amgen,
Inc
35,902
705
Amphenol
Corp
(Class
A)
59
594
Analog
Devices,
Inc
104
585
Annaly
Capital
Management,
Inc
11
103
(a)
Ansys,
Inc
31
2,369,538
(a)
Antero
Resources
Corp
60,139
42,082
Aon
plc
13,644
365
APA
Corp
15
470
Apollo
Global
Management,
Inc
42
4,639,186
(g)
Apple,
Inc
794,275
671,981
Applied
Materials,
Inc
93,036
335
(a)
Aptiv
plc
33
293
Aramark
10
305,239
(a)
Arch
Capital
Group
Ltd
24,331
645
Archer-Daniels-Midland
Co
49
87,280
Ares
Management
Corp
8,978
310
(a)
Arista
Networks,
Inc
57
68
(a)
Arrow
Electronics,
Inc
9
35
(a)
Aspentech
Corp
7
63
(e)
Assurant,
Inc
9
1,910,737
AT&T,
Inc
28,699
76,663
(e)
Atlas
Energy
Solutions,
Inc
1,704
180
(a)
Atlassian
Corp
Ltd
36
171
Atmos
Energy
Corp
18
175
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
253
(a)
Autodesk,
Inc
$
52
489
Automatic
Data
Processing,
Inc
118
1,787
(a)
Autozone,
Inc
4,539
47,295
AvalonBay
Communities,
Inc
8,122
799
(a)
Avantor,
Inc
17
96
Avery
Dennison
Corp
18
83
(a)
Axon
Enterprise,
Inc
17
261,375
Baker
Hughes
Co
9,232
372
Ball
Corp
19
1,416,583
Bank
of
America
Corp
38,786
594,590
Bank
of
New
York
Mellon
Corp
25,359
257
Bath
&
Body
Works,
Inc
9
61,307
Baxter
International,
Inc
2,314
62,560
Becton
Dickinson
&
Co
16,174
250
Bentley
Systems,
Inc
13
380,935
(a)
Berkshire
Hathaway,
Inc
133,442
25,282
Best
Buy
Co,
Inc
1,756
113
(a)
BILL
Holdings,
Inc
12
26,299
(a)
Biogen,
Inc
6,759
222
(a)
BioMarin
Pharmaceutical,
Inc
20
26
(a)
Bio-Rad
Laboratories,
Inc
(Class
A)
9
186
Bio-Techne
Corp
13
43,425
(a)
BJ's
Wholesale
Club
Holdings,
Inc
3,099
39,138
BlackRock,
Inc
25,302
14,529
Blackstone,
Inc
1,557
644
(a)
Block,
Inc
29
417,860
(a)
Boeing
Co
80,095
6,347
(a)
Booking
Holdings,
Inc
19,574
155
Booz
Allen
Hamilton
Holding
Corp
17
277
BorgWarner,
Inc
11
23,661
Boston
Properties,
Inc
1,407
1,952,745
(a)
Boston
Scientific
Corp
103,105
530,471
Bristol-Myers
Squibb
Co
30,789
341,560
Broadcom,
Inc
283,693
140
Broadridge
Financial
Solutions,
Inc
25
285
Brown
&
Brown,
Inc
20
367
Brown-Forman
Corp
(Class
B)
21
152
(a)
Builders
FirstSource,
Inc
19
178
Bunge
Ltd
19
75,288
(a)
Burlington
Stores,
Inc
10,186
897
Cabot
Oil
&
Gas
Corp
24
323
(a)
Cadence
Design
Systems,
Inc
76
255
(a)
Caesars
Entertainment,
Inc
12
126
Camden
Property
Trust
12
229
Campbell
Soup
Co
9
1,161
Capital
One
Financial
Corp
113
301
Cardinal
Health,
Inc
26
60
Carlisle
Cos,
Inc
16
257
Carlyle
Group,
Inc
8
187
(a)
Carmax,
Inc
13
1,193
(a)
Carnival
Corp
16
1,466,302
Carrier
Global
Corp
80,940
98,087
(a)
Catalent,
Inc
4,466
535,683
Caterpillar,
Inc
146,241
125
Cboe
Global
Markets,
Inc
20
368
(a)
CBRE
Group,
Inc
27
160
CDW
Corp
32
210,671
Celanese
Corp
(Series
A)
26,443
106,334
(a)
Centene
Corp
7,324
221,984
Centerpoint
Energy,
Inc
5,960
174
(a)
Ceridian
HCM
Holding,
Inc
12
231
CF
Industries
Holdings,
Inc
20
CREF
Global
Equities
Account
September
30,
2023
176
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
138
CH
Robinson
Worldwide,
Inc
$
12
61
(a)
Charles
River
Laboratories
International,
Inc
12
588,527
Charles
Schwab
Corp
32,310
51,203
(a)
Charter
Communications,
Inc
22,520
203,889
Cheniere
Energy,
Inc
33,837
222,552
Chesapeake
Energy
Corp
19,191
398,090
Chevron
Corp
67,126
247
(a)
Chewy,
Inc
5
3,467
(a)
Chipotle
Mexican
Grill,
Inc
(Class
A)
6,351
229,181
Chubb
Ltd
47,711
289
Church
&
Dwight
Co,
Inc
26
88,668
Cigna
Group
25,365
186
Cincinnati
Financial
Corp
19
108
Cintas
Corp
52
4,825
Cisco
Systems,
Inc
259
64,956
Citigroup,
Inc
2,672
221,377
Citizens
Financial
Group,
Inc
5,933
820
(a),(e)
Clarivate
plc
6
545,305
(a)
Cleveland-Cliffs,
Inc
8,523
146
Clorox
Co
19
326
(a)
Cloudflare,
Inc
21
100,343
CME
Group,
Inc
20,091
345
CMS
Energy
Corp
18
2,621,087
Coca-Cola
Co
146,728
204
Cognex
Corp
9
601
Cognizant
Technology
Solutions
Corp
(Class
A)
41
199
(a)
Coinbase
Global,
Inc
15
161,224
Colgate-Palmolive
Co
11,465
993,392
Comcast
Corp
(Class
A)
44,047
565
ConAgra
Brands,
Inc
15
194
(a)
Confluent,
Inc
6
655,821
ConocoPhillips
78,567
410
Consolidated
Edison,
Inc
35
60,323
Constellation
Brands,
Inc
(Class
A)
15,161
85,080
Constellation
Energy
Corp
9,281
5,059
Cooper
Cos,
Inc
1,609
1,017
(a)
Copart,
Inc
44
498,967
Corebridge
Financial,
Inc
9,855
956
Corning,
Inc
29
1,567,163
Corteva,
Inc
80,176
484
(a)
CoStar
Group,
Inc
37
386,254
Costco
Wholesale
Corp
218,218
8,935
(a)
Coty,
Inc
98
265
(a)
Crowdstrike
Holdings,
Inc
44
179,761
Crown
Castle,
Inc
16,543
914,329
Crown
Holdings,
Inc
80,900
91,444
CSL
Ltd
14,732
67,784
CSX
Corp
2,084
13,133
Cummins,
Inc
3,000
286,511
CVS
Health
Corp
20,004
152,092
Danaher
Corp
37,734
12,733
Darden
Restaurants,
Inc
1,824
189
(a)
Darling
International,
Inc
10
551,130
(a)
Datadog,
Inc
50,202
64
(a)
DaVita,
Inc
6
31
(a)
Deckers
Outdoor
Corp
16
140,142
Deere
&
Co
52,887
303
Dell
Technologies,
Inc
21
212,845
Delta
Air
Lines,
Inc
7,875
25,252
Dentsply
Sirona,
Inc
863
760
Devon
Energy
Corp
36
225,897
(a)
DexCom,
Inc
21,076
177
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
674,801
Diamondback
Energy,
Inc
$
104,513
74
Dick's
Sporting
Goods,
Inc
8
41,970
Digital
Realty
Trust,
Inc
5,079
192,849
Discover
Financial
Services
16,707
40,072
(a),(e)
DISH
Network
Corp
(Class
A)
235
240
(a)
DocuSign,
Inc
10
197,319
Dollar
General
Corp
20,876
248
(a)
Dollar
Tree,
Inc
26
726,759
Dominion
Energy,
Inc
32,464
42
Domino's
Pizza,
Inc
16
299
(a)
DoorDash,
Inc
24
167,941
Dover
Corp
23,429
41,126
Dow,
Inc
2,120
363
DR
Horton,
Inc
39
493
(a)
DraftKings,
Inc
15
307
(a)
Dropbox,
Inc
8
244
DTE
Energy
Co
24
131,712
Duke
Energy
Corp
11,625
812,631
DuPont
de
Nemours,
Inc
60,614
295
(a)
Dynatrace,
Inc
14
141
Eastman
Chemical
Co
11
267,116
Eaton
Corp
plc
56,971
180,773
eBay,
Inc
7,970
33,645
Ecolab,
Inc
5,699
91,110
Edison
International
5,766
273,342
(a)
Edwards
Lifesciences
Corp
18,937
306
Electronic
Arts,
Inc
37
69,367
Elevance
Health,
Inc
30,204
251,794
Eli
Lilly
&
Co
135,246
677
Emerson
Electric
Co
65
162
(a)
Enphase
Energy,
Inc
19
177
Entegris,
Inc
17
250
Entergy
Corp
23
228,578
EOG
Resources,
Inc
28,975
69
(a)
EPAM
Systems,
Inc
18
428
EQT
Corp
17
145
Equifax,
Inc
27
9,792
Equinix,
Inc
7,112
868,311
Equitable
Holdings,
Inc
24,651
153,073
Equity
Lifestyle
Properties,
Inc
9,752
97,099
Equity
Residential
5,701
30
Erie
Indemnity
Co
(Class
A)
9
297
Essential
Utilities,
Inc
10
16,314
Essex
Property
Trust,
Inc
3,460
74,520
Estee
Lauder
Cos
(Class
A)
10,772
8,247
(a)
Etsy,
Inc
533
105,678
Everest
Re
Group
Ltd
39,277
272
Evergy,
Inc
14
413
Eversource
Energy
24
88,619
(a)
Exact
Sciences
Corp
6,046
113,444
Exelon
Corp
4,287
28,461
(a)
Expedia
Group,
Inc
2,933
181
Expeditors
International
Washington,
Inc
21
30,882
Extra
Space
Storage,
Inc
3,755
2,739,160
Exxon
Mobil
Corp
322,070
72
(a)
F5
Networks,
Inc
12
45
Factset
Research
Systems,
Inc
20
30
(a)
Fair
Isaac
Corp
26
676
Fastenal
Co
37
3,630
FedEx
Corp
962
242
Ferguson
plc
40
116,158
Ferguson
plc
19,116
306
Fidelity
National
Financial,
Inc
13
701
Fidelity
National
Information
Services,
Inc
39
CREF
Global
Equities
Account
September
30,
2023
178
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
1,093,832
Fifth
Third
Bancorp
$
27,707
16,519
First
Citizens
Bancshares,
Inc
(Class
A)
22,798
628
First
Horizon
National
Corp
7
120
(a)
First
Solar,
Inc
19
945,525
FirstEnergy
Corp
32,318
594,525
(a)
Fiserv,
Inc
67,158
83
(a)
FleetCor
Technologies,
Inc
21
3,158,680
(a)
Flextronics
International
Ltd
85,221
148
FMC
Corp
10
4,653
Ford
Motor
Co
58
790
(a)
Fortinet,
Inc
46
488,061
Fortive
Corp
36,195
150
Fortune
Brands
Innovations,
Inc
9
319
Fox
Corp
(Class
A)
10
167
Fox
Corp
(Class
B)
5
356
Franklin
Resources,
Inc
9
3,333,161
Freeport-McMoRan,
Inc
(Class
B)
124,294
254
Gallagher
(Arthur
J.)
&
Co
58
93,847
Gaming
and
Leisure
Properties,
Inc
4,275
181
(a)
Garmin
Ltd
19
94
(a)
Gartner,
Inc
32
187,322
GE
HealthCare
Technologies,
Inc
12,745
683
Gen
Digital,
Inc
12
74
(a)
Generac
Holdings,
Inc
8
276
General
Dynamics
Corp
61
1,289
General
Electric
Co
143
64,831
General
Mills,
Inc
4,149
1,646
General
Motors
Co
54
166
Genuine
Parts
Co
24
467,380
Gilead
Sciences,
Inc
35,025
87,380
Global
Payments,
Inc
10,083
135,790
Globe
Life,
Inc
14,764
173
(a)
GoDaddy,
Inc
13
32,817
Goldman
Sachs
Group,
Inc
10,619
199
Graco,
Inc
15
296,353
GSK
plc
5,362
1,092,001
Haleon
plc
4,526
118,822
Halliburton
Co
4,812
367
Hartford
Financial
Services
Group,
Inc
26
156
Hasbro,
Inc
10
106,787
HCA,
Inc
26,267
27,514
Healthcare
Realty
Trust,
Inc
420
159,463
Healthpeak
Properties,
Inc
2,928
52
HEICO
Corp
8
88
HEICO
Corp
(Class
A)
11
155
(a)
Henry
Schein,
Inc
12
174
Hershey
Co
35
170,611
Hess
Corp
26,103
1,529
Hewlett
Packard
Enterprise
Co
27
182
HF
Sinclair
Corp
10
313
Hilton
Worldwide
Holdings,
Inc
47
38,057
(a)
Hologic,
Inc
2,641
555,575
Home
Depot,
Inc
167,873
884,731
Honeywell
International,
Inc
163,445
111,079
(a)
Horizon
Therapeutics
PLC
12,851
356
Hormel
Foods
Corp
14
164,224
Host
Marriott
Corp
2,639
63,350
Howmet
Aerospace,
Inc
2,930
1,051
HP,
Inc
27
157,064
Hubbell,
Inc
49,225
56
(a)
HubSpot,
Inc
28
9,148
Humana,
Inc
4,451
1,709
Huntington
Bancshares,
Inc
18
42,523
Huntington
Ingalls
Industries,
Inc
8,699
179
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
55
Hyatt
Hotels
Corp
$
6
89
IDEX
Corp
19
31,263
(a)
IDEXX
Laboratories,
Inc
13,670
34,935
Illinois
Tool
Works,
Inc
8,046
85,417
(a)
Illumina,
Inc
11,726
70,000
(a)
Immunovant,
Inc
2,687
225
(a)
Incyte
Corp
13
57,374
Independence
Realty
Trust,
Inc
807
764,003
Ingersoll
Rand,
Inc
48,682
13,394
Innovative
Industrial
Properties,
Inc
1,013
83
(a)
Insulet
Corp
13
2,831,655
Intel
Corp
100,665
256,131
Intercontinental
Exchange,
Inc
28,180
1,075
International
Business
Machines
Corp
151
302
International
Flavors
&
Fragrances,
Inc
21
390
International
Paper
Co
14
197,827
Interpublic
Group
of
Cos,
Inc
5,670
332
Intuit,
Inc
170
130,362
(a)
Intuitive
Surgical,
Inc
38,104
407
Invesco
Ltd
6
54,851
Invitation
Homes,
Inc
1,738
5,402
(a)
IQVIA
Holdings,
Inc
1,063
345
(e)
Iron
Mountain,
Inc
21
256,422
iShares
MSCI
Canada
Index
Fund
8,580
61,209
(e)
iShares
MSCI
South
Korea
Index
Fund
3,608
121
J.M.
Smucker
Co
15
155
Jabil
Inc
20
86
Jack
Henry
&
Associates,
Inc
13
150
Jacobs
Solutions,
Inc
20
76
(a)
Jazz
Pharmaceuticals
plc
10
4,463
JB
Hunt
Transport
Services,
Inc
841
164,400
JBS
S.A.
590
552,754
Johnson
&
Johnson
86,091
812
Johnson
Controls
International
plc
43
1,331,783
JPMorgan
Chase
&
Co
193,135
381
Juniper
Networks,
Inc
11
325
Kellogg
Co
19
1,560,745
Kenvue,
Inc
31,340
1,330,566
Keurig
Dr
Pepper,
Inc
42,006
1,107
Keycorp
12
211
(a)
Keysight
Technologies,
Inc
28
20,421
Kilroy
Realty
Corp
646
85,239
Kimberly-Clark
Corp
10,301
734
Kimco
Realty
Corp
13
26,452
Kinder
Morgan,
Inc
439
238,559
KKR
&
Co,
Inc
14,695
162
KLA
Corp
74
191
Knight-Swift
Transportation
Holdings,
Inc
10
284,033
Kraft
Heinz
Co
9,555
807
Kroger
Co
36
224
L3Harris
Technologies,
Inc
39
105
Laboratory
Corp
of
America
Holdings
21
52,297
Lam
Research
Corp
32,778
173
Lamb
Weston
Holdings,
Inc
16
155,914
Las
Vegas
Sands
Corp
7,147
163
(a)
Lattice
Semiconductor
Corp
14
70
Lear
Corp
9
13,471
(a)
Legend
Biotech
Corp
(ADR)
905
154
Leidos
Holdings,
Inc
14
299
Lennar
Corp
(Class
A)
34
38
Lennox
International,
Inc
14
142
(a)
Liberty
Broadband
Corp
13
234
(a)
Liberty
Media
Corp-Liberty
Formula
One
15
194
(a)
Liberty
Media
Corp-Liberty
SiriusXM
5
CREF
Global
Equities
Account
September
30,
2023
180
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
393,685
Linde
plc
$
146,473
170,639
Linde
plc
63,537
191
(a)
Live
Nation,
Inc
16
316
LKQ
Corp
16
270
Lockheed
Martin
Corp
110
229
Loews
Corp
15
96,807
Lowe's
Cos,
Inc
20,120
92
LPL
Financial
Holdings,
Inc
22
1,196
(a),(e)
Lucid
Group,
Inc
7
119,959
(a)
Lululemon
Athletica,
Inc
46,257
308
LyondellBasell
Industries
NV
29
156,997
M&T
Bank
Corp
19,852
73
(a)
Manhattan
Associates,
Inc
14
731
Marathon
Oil
Corp
20
236,164
Marathon
Petroleum
Corp
35,741
15
(a)
Markel
Corp
22
45
MarketAxess
Holdings,
Inc
10
16,507
Marriott
International,
Inc
(Class
A)
3,245
113,336
Marsh
&
McLennan
Cos,
Inc
21,568
73
Martin
Marietta
Materials,
Inc
30
1,018
Marvell
Technology,
Inc
55
266
Masco
Corp
14
440,256
Mastercard,
Inc
(Class
A)
174,302
1,612,271
(a)
Match
Group,
Inc
63,161
297
McCormick
&
Co,
Inc
22
657,877
McDonald's
Corp
173,311
98,444
McKesson
Corp
42,808
221,978
Medtronic
plc
17,394
1,324,936
Merck
&
Co,
Inc
136,402
1,338,792
(a)
Meta
Platforms,
Inc
401,919
57,085
Metlife,
Inc
3,591
513
(a)
Mettler-Toledo
International,
Inc
568
345
MGM
Resorts
International
13
644
Microchip
Technology,
Inc
50
1,297
Micron
Technology,
Inc
88
3,132,004
Microsoft
Corp
988,930
24,641
Mid-America
Apartment
Communities,
Inc
3,170
35,966
(a)
Moderna,
Inc
3,715
64
(a)
Mohawk
Industries,
Inc
5
69
(a)
Molina
Healthcare,
Inc
23
225
Molson
Coors
Brewing
Co
(Class
B)
14
668,844
Mondelez
International,
Inc
46,418
84
(a)
MongoDB,
Inc
29
53
Monolithic
Power
Systems,
Inc
24
1,841,261
(a)
Monster
Beverage
Corp
97,495
196
Moody's
Corp
62
50,000
(a),(e)
MoonLake
Immunotherapeutics
2,850
1,357,463
Morgan
Stanley
110,864
393
Mosaic
Co
14
199
Motorola
Solutions,
Inc
54
2,838
MSCI,
Inc
(Class
A)
1,456
407
Nasdaq
Stock
Market,
Inc
20
52,173
National
Storage
Affiliates
Trust
1,656
602,792
Nestle
S.A.
68,234
252
NetApp,
Inc
19
201,754
(a)
NetFlix,
Inc
76,182
116
(a)
Neurocrine
Biosciences,
Inc
13
176,071
Newmont
Goldcorp
Corp
6,506
451
News
Corp
(Class
A)
9
779,620
NextEra
Energy,
Inc
44,664
971,130
Nike,
Inc
(Class
B)
92,859
489
NiSource,
Inc
12
61
Nordson
Corp
14
270
Norfolk
Southern
Corp
53
181
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
247
Northern
Trust
Corp
$
17
104,168
Northrop
Grumman
Corp
45,854
63,568
NRG
Energy,
Inc
2,449
47,008
Nucor
Corp
7,350
1,266,581
Nvidia
Corp
550,950
4
(a)
NVR,
Inc
24
228,945
Occidental
Petroleum
Corp
14,854
184
(a)
Okta,
Inc
15
117
Old
Dominion
Freight
Line
48
236
Omnicom
Group,
Inc
18
511
(a)
ON
Semiconductor
Corp
48
7,168
ONEOK,
Inc
455
1,158,581
Oracle
Corp
122,717
4,748
(a)
O'Reilly
Automotive,
Inc
4,315
87,042
Otis
Worldwide
Corp
6,990
294
Ovintiv,
Inc
14
34,682
Owens
Corning,
Inc
4,731
619
PACCAR,
Inc
53
106
Packaging
Corp
of
America
16
2,146
(a)
Palantir
Technologies,
Inc
34
390,024
(a)
Palo
Alto
Networks,
Inc
91,437
6,000
Parade
Technologies
Ltd
184
96,703
Paramount
Global
(Class
B)
1,247
188,254
Parker-Hannifin
Corp
73,329
384
Paychex,
Inc
44
62
Paycom
Software,
Inc
16
53
(a)
Paylocity
Holding
Corp
10
143,889
(a)
PayPal
Holdings,
Inc
8,412
12,151
(a)
Peloton
Interactive,
Inc
61
195
Pentair
plc
13
5,000
(a)
Penumbra,
Inc
1,210
328,153
PepsiCo,
Inc
55,602
149
PerkinElmer,
Inc
16
770,039
Permian
Resources
Corp
10,750
883,991
Pfizer,
Inc
29,322
375,742
(a),(h)
PG&E
Corp
6,061
282,181
Philip
Morris
International,
Inc
26,124
39,577
Phillips
66
4,755
29,057
(a)
Pinterest,
Inc
785
140,675
Pioneer
Natural
Resources
Co
32,292
2,438
PNC
Financial
Services
Group,
Inc
299
46
Pool
Corp
16
279
PPG
Industries,
Inc
36
873
PPL
Corp
21
287
Principal
Financial
Group
21
1,398,673
Procter
&
Gamble
Co
204,010
244,873
Progressive
Corp
34,111
288,753
Prologis,
Inc
32,401
432
Prudential
Financial,
Inc
41
133
(a)
PTC,
Inc
19
591
Public
Service
Enterprise
Group,
Inc
34
35,909
Public
Storage,
Inc
9,463
264
Pulte
Homes,
Inc
20
34,069
(a)
QIAGEN
NV
1,375
117
(a)
Qorvo,
Inc
11
1,319
QUALCOMM,
Inc
146
172
Quanta
Services,
Inc
32
133
Quest
Diagnostics,
Inc
16
238
Raymond
James
Financial,
Inc
24
53,414
Realty
Income
Corp
2,668
134,430
Regency
Centers
Corp
7,991
21,513
(a)
Regeneron
Pharmaceuticals,
Inc
17,704
1,111
Regions
Financial
Corp
19
3,172
Reliance
Steel
&
Aluminum
Co
832
CREF
Global
Equities
Account
September
30,
2023
182
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
63
(a)
Repligen
Corp
$
10
262
Republic
Services,
Inc
37
174
Resmed,
Inc
26
376,309
Rexford
Industrial
Realty,
Inc
18,571
772
(a),(e)
Rivian
Automotive,
Inc
19
128
Robert
Half
International,
Inc
9
505
(a)
Robinhood
Markets,
Inc
5
498
(a)
ROBLOX
Corp
14
177,387
Roche
Holding
AG.
48,427
11,223
Rockwell
Automation,
Inc
3,208
145,000
(a)
Roivant
Sciences
Ltd
1,694
8,247
(a)
Roku,
Inc
582
292
Rollins,
Inc
11
65,520
Roper
Industries,
Inc
31,730
36,089
Ross
Stores,
Inc
4,076
36,709
(a)
Royal
Caribbean
Cruises
Ltd
3,382
451
Royalty
Pharma
plc
12
153
RPM
International,
Inc
15
703,322
RTX
Corp
50,618
66,614
S&P
Global,
Inc
24,341
110,849
Sabra
Health
Care
REIT,
Inc
1,545
644,056
(a)
Salesforce,
Inc
130,602
358,451
Sanofi-Aventis
38,489
59,020
(a)
Sarepta
Therapeutics,
Inc
7,154
60,200
SBA
Communications
Corp
12,050
324,430
Schlumberger
Ltd
18,914
342,653
Schneider
Electric
S.A.
56,467
221
(e)
Seagate
Technology
Holdings
plc
15
166
(a)
Seagen,
Inc
35
6,238
Sealed
Air
Corp
205
134
SEI
Investments
Co
8
138,533
Sempra
Energy
9,424
181
Sensata
Technologies
Holding
plc
7
134,223
(a)
ServiceNow,
Inc
75,025
45,231
Sherwin-Williams
Co
11,536
120,128
Simon
Property
Group,
Inc
12,977
916
(e)
Sirius
XM
Holdings,
Inc
4
188
Skyworks
Solutions,
Inc
19
4,002
(e)
SL
Green
Realty
Corp
149
1,203
(a)
Snap,
Inc
11
63
Snap-On,
Inc
16
309
(a)
Snowflake,
Inc
47
67
(a),(e)
SolarEdge
Technologies,
Inc
9
122,501
Southern
Co
7,928
176
Southwest
Airlines
Co
5
186
(a)
Splunk,
Inc
27
265
SS&C
Technologies
Holdings,
Inc
14
16,002
Stanley
Black
&
Decker,
Inc
1,337
248,923
Starbucks
Corp
22,719
396
State
Street
Corp
27
190
Steel
Dynamics,
Inc
20
117
STERIS
plc
26
414,348
Stryker
Corp
113,229
75,516
Sun
Communities,
Inc
8,937
56
(a)
Super
Micro
Computer,
Inc
15
507
Synchrony
Financial
16
174,647
(a)
Synopsys,
Inc
80,158
600
Sysco
Corp
40
266
T
Rowe
Price
Group,
Inc
28
200
(a)
Take-Two
Interactive
Software,
Inc
28
254
Targa
Resources
Corp
22
79,109
Target
Corp
8,747
183
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
164,635
TE
Connectivity
Ltd
$
20,337
56
(a)
Teledyne
Technologies,
Inc
23
56
Teleflex,
Inc
11
184
Teradyne,
Inc
18
52,617
Terreno
Realty
Corp
2,989
1,276,234
(a)
Tesla,
Inc
319,339
1,075
Texas
Instruments,
Inc
171
7
Texas
Pacific
Land
Corp
13
239
Textron,
Inc
19
110,575
Thermo
Fisher
Scientific,
Inc
55,970
284,596
TJX
Cos,
Inc
25,295
271,645
(a)
T-Mobile
US,
Inc
38,044
366
(a)
Toast,
Inc
7
123
Toro
Co
10
114,187
Tractor
Supply
Co
23,186
527
(a)
Trade
Desk,
Inc
41
129
Tradeweb
Markets,
Inc
10
259,010
(a)
Traeger,
Inc
707
221,328
Trane
Technologies
plc
44,910
65
(a)
TransDigm
Group,
Inc
55
229
TransUnion
16
273
Travelers
Cos,
Inc
45
293
(a)
Trimble
Inc
16
1,577
Truist
Financial
Corp
45
204
(a)
Twilio,
Inc
12
50
(a)
Tyler
Technologies,
Inc
19
338
Tyson
Foods,
Inc
(Class
A)
17
2,157
(a)
Uber
Technologies,
Inc
99
370
(e)
UDR,
Inc
13
115
U-Haul
Holding
Co
6
425
(a)
UiPath,
Inc
7
20,611
(a)
Ulta
Beauty,
Inc
8,233
595,372
Union
Pacific
Corp
121,236
106,397
United
Parcel
Service,
Inc
(Class
B)
16,584
123,989
United
Rentals,
Inc
55,122
55
(a)
United
Therapeutics
Corp
12
445,910
UnitedHealth
Group,
Inc
224,823
269
(a)
Unity
Software,
Inc
8
75
Universal
Health
Services,
Inc
(Class
B)
9
1,815
US
Bancorp
60
48
Vail
Resorts,
Inc
11
742,285
Valero
Energy
Corp
105,189
690,097
Vanguard
Emerging
Markets
ETF
27,059
50,000
(e)
Vanguard
FTSE
Developed
Markets
ETF
2,186
24,388
(a)
Veeva
Systems,
Inc
4,962
122,588
Ventas,
Inc
5,165
111
(a)
VeriSign,
Inc
22
171
Verisk
Analytics,
Inc
40
817,042
Verizon
Communications,
Inc
26,480
42,456
(a)
Vertex
Pharmaceuticals,
Inc
14,764
31,705
VF
Corp
560
1,420
Viatris,
Inc
14
192,889
VICI
Properties,
Inc
5,613
860,131
Visa,
Inc
(Class
A)
197,839
81,231
Vistra
Corp
2,695
280
(a)
VMware,
Inc
(Class
A)
47
167,584
Voya
Financial,
Inc
11,136
158
Vulcan
Materials
Co
32
154,931
W.R.
Berkley
Corp
9,837
85,501
W.W.
Grainger,
Inc
59,153
869
Walgreens
Boots
Alliance,
Inc
19
1,017,504
Walmart,
Inc
162,729
CREF
Global
Equities
Account
September
30,
2023
184
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,148,743
(a)
Walt
Disney
Co
$
93,106
435,752
(a)
Warner
Bros
Discovery,
Inc
4,732
42,220
Washington
REIT
576
305
Waste
Connections,
Inc
41
482
Waste
Management,
Inc
73
70
(a)
Waters
Corp
19
40
Watsco,
Inc
15
207
(e)
Webster
Financial
Corp
8
373
WEC
Energy
Group,
Inc
30
3,982,253
Wells
Fargo
&
Co
162,715
73,627
Welltower,
Inc
6,032
9,990
West
Pharmaceutical
Services,
Inc
3,748
379
(a)
Western
Digital
Corp
17
233,747
Westinghouse
Air
Brake
Technologies
Corp
24,840
101,524
Westlake
Chemical
Corp
12,657
33,984
(i)
Westrock
Co
1,217
124,862
Weyerhaeuser
Co
3,828
65
Whirlpool
Corp
9
1,442
Williams
Cos,
Inc
49
126
Willis
Towers
Watson
plc
26
147
(a)
Wolfspeed,
Inc
6
244
(a)
Workday,
Inc
52
253
WP
Carey,
Inc
14
12,045
Wynn
Resorts
Ltd
1,113
652
Xcel
Energy,
Inc
37
283
Xylem,
Inc
26
436,221
(a)
YETI
Holdings,
Inc
21,035
14,341
Yum!
Brands,
Inc
1,792
61
(a)
Zebra
Technologies
Corp
(Class
A)
14
182
(a)
Zillow
Group,
Inc
(Class
C)
8
148,744
Zimmer
Biomet
Holdings,
Inc
16,692
153,274
Zoetis,
Inc
26,667
282
(a)
Zoom
Video
Communications,
Inc
20
310
(a)
ZoomInfo
Technologies,
Inc
5
104
(a)
Zscaler,
Inc
16
TOTAL
UNITED
STATES
14,949,989
TOTAL
COMMON
STOCKS
22,969,424
(Cost
$20,190,673)
EXPIRATION
DATE
RIGHTS/WARRANTS
-
0.0%
AUSTRALIA
-
0.0%
3,698
Magellan
Financial
Group
Ltd
04/16/27
0
^
129,948
(e)
PointsBet
Holdings
Ltd
07/08/24
1
TOTAL
AUSTRALIA
1
BRAZIL
-
0.0%
9,732
Localiza
Rent
a
Car
S.A.
11/10/23
31
TOTAL
BRAZIL
31
CHILE
-
0.0%
753
Banco
de
Credito
e
Inversiones
S.A.
10/21/23
1
TOTAL
CHILE
1
185
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
EXPIRATION
DATE
VALUE
(000)
KOREA,
REPUBLIC
OF
-
0.0%
264
CosmoAM&T
Co
Ltd
11/07/23
$
6
1,221
Hanwha
Ocean
Co
Ltd
11/09/23
8
TOTAL
KOREA,
REPUBLIC
OF
14
TOTAL
RIGHTS/WARRANTS
47
(Cost
$0)
TOTAL
LONG-TERM
INVESTMENTS
22,969,485‌
(Cost
$20,190,690)
PRINCIPAL
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS
-
1.7%
GOVERNMENT
AGENCY
DEBT
-
1.0%
$
15,500,000
Federal
Home
Loan
Bank
(FHLB)
0
.000
%
10/11/23
15,480
75,000,000
FHLB
0
.000
10/13/23
74,883
3,800,000
FHLB
0
.000
10/20/23
3,790
10,000,000
FHLB
0
.000
10/30/23
9,959
30,000,000
FHLB
0
.000
10/31/23
29,873
32,500,000
FHLB
0
.000
11/01/23
32,358
20,000,000
FHLB
0
.000
11/02/23
19,912
35,000,000
FHLB
0
.000
11/03/23
34,841
TOTAL
GOVERNMENT
AGENCY
DEBT
221,096
REPURCHASE
AGREEMENT
-
0.2%
35,424,000
(i),(j)
Fixed
Income
Clearing
Corp
(FICC)
5
.300
10/02/23
35,424
TOTAL
REPURCHASE
AGREEMENT
35,424
TREASURY
DEBT
-
0.5%
20,000,000
United
States
Treasury
Bill
0
.000
10/10/23
19,976
20,000,000
United
States
Treasury
Bill
0
.000
10/17/23
19,956
10,000,000
United
States
Treasury
Bill
0
.000
10/19/23
9,975
10,000,000
United
States
Treasury
Bill
0
.000
10/26/23
9,965
38,025,000
United
States
Treasury
Bill
0
.000
11/02/23
37,852
30,000,000
United
States
Treasury
Bill
0
.000
11/07/23
29,842
TOTAL
TREASURY
DEBT
127,566
TOTAL
SHORT-TERM
INVESTMENTS
384,086
(Cost
$384,020)
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.2%
CERTIFICATE
OF
DEPOSIT
-
0.1%
1,000,000
Australia
and
New
Zealand
Banking
Group
5
.560
02/28/24
1,000
2,000,000
BNP
Paribas
Securities
Corp
5
.290
10/02/23
2,000
2,000,000
Credit
Agricole
5
.710
12/01/23
2,000
2,000,000
DNB
ASA
5
.660
11/17/23
2,000
500,000
ING
US
Funding
LLC
5
.790
02/09/24
500
1,000,000
MUFG
Bank
5
.820
10/06/23
1,000
1,000,000
National
Australia
Bank
5
.800
11/30/23
1,000
1,000,000
NATixis
5
.810
11/06/23
1,000
2,000,000
NATixis
5
.730
12/08/23
2,000
2,000,000
Royal
Bank
of
Canada
5
.840
02/21/24
2,000
1,000,000
Royal
Bank
of
Canada
6
.010
03/27/24
1,000
1,000,000
Skandinaviska
Enskilda
Banken
AB
5
.780
10/03/23
1,000
750,000
The
Canadian
Imperial
Bank
of
Commerce
5
.760
10/23/23
750
2,000,000
The
Canadian
Imperial
Bank
of
Commerce
5
.910
05/03/24
2,000
TOTAL
CERTIFICATE
OF
DEPOSIT
19,250
COMMERCIAL
PAPER
-
0.0%
2,000,000
ING
US
Funding
LLC
5
.910
04/24/24
2,000
2,000,000
Lloyds
Bank
PLC
0
.000
10/23/23
1,993
TOTAL
COMMERCIAL
PAPER
3,993
CREF
Global
Equities
Account
September
30,
2023
186
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Cost
amounts
are
in
thousands.
Principal
denominated
in
U.S.
Dollars,
unless
otherwise
noted. 
PRINCIPAL
DESCRIPTION
RATE
MATURITY
DATE
VALUE
(000)
REPURCHASE
AGREEMENT
-
0.1%
$
5,000,000
(k)
Calyon
5
.290
%
10/02/23
$
5,000
3,394,000
(l)
Citigroup
5
.250
10/02/23
3,394
8,000,000
(m)
JP
Morgan
5
.310
10/02/23
8,000
5,000,000
(n)
Nomura
5
.290
10/02/23
5,000
5,000,000
(o)
Royal
Bank
of
Scotland
5
.290
10/02/23
5,000
5,000,000
(p)
Societe
Generale
5
.300
10/02/23
5,000
TOTAL
REPURCHASE
AGREEMENT
31,394
VARIABLE
RATE
SECURITIES
-
0.0%
2,000,000
(q)
Mizuho
Bank
Ltd
5
.830
10/11/23
2,000
2,000,000
(q)
Mizuho
Bank
Ltd
5
.780
10/26/23
2,000
TOTAL
VARIABLE
RATE
SECURITIES
4,000
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
58,637
(Cost
$58,637)
TOTAL
INVESTMENTS
-
100.1%
23,412,208
(Cost
$20,633,347)
OTHER
ASSETS
&
LIABILITIES,
NET
-
(0.1)%
(
32,275
)
NET
ASSETS
-
100.0%
$23,379,933
ADR
American
Depositary
Receipt
ETF
Exchange
Traded
Fund
GDR
Global
Depositary
Receipt
INR
Indian
Rupee
REIT
Real
Estate
Investment
Trust
^
Amount
represents
less
than
$1,000.
(a)
Non-income
producing
(b)
Affiliated
holding
(c)
Security
is
exempt
from
registration
under
Rule
144(A)
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
(d)
When-issued
or
delayed
delivery
security.
(e)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$74,876,263.
(f)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(g)
All
or
a
portion
of
these
securities
have
been
segregated
to
cover
margin
requirements
on
open
futures
contracts.
(h)
In
bankruptcy
(i)
In
default
(j)
Agreement
with
Fixed
Income
Clearing
Corp
(FICC),
5.300%
dated
9/29/23
to
be
repurchased
at
$35,424,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
4.625%
and
maturity
date
9/15/26,
valued
at
$36,132,567.
(k)
Agreement
with
Calyon,
5.290%
dated
9/29/23
to
be
repurchased
at
$5,000,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
1.000%
and
maturity
date
7/31/28,
valued
at
$5,100,047.
(l)
Agreement
with
Citigroup,
5.250%
dated
9/29/23
to
be
repurchased
at
$3,394,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
2.375%–3.875%
and
maturity
dates
2/15/29–5/31/29,
valued
at
$3,461,955.
(m)
Agreement
with
JP
Morgan,
5.310%
dated
9/29/23
to
be
repurchased
at
$8,000,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
3.000%
and
maturity
date
12/1/50,
valued
at
$8,160,000.
(n)
Agreement
with
Nomura,
5.290%
dated
9/29/23
to
be
repurchased
at
$5,000,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
0.875%–3.875%
and
maturity
dates
12/31/27–11/15/30,
valued
at
$5,105,063.
(o)
Agreement
with
Royal
Bank
of
Scotland,
5.290%
dated
9/29/23
to
be
repurchased
at
$5,000,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
3.000%
and
maturity
date
8/15/52,
valued
at
$5,100,031.
(p)
Agreement
with
Societe
Generale,
5.300%
dated
9/29/23
to
be
repurchased
at
$5,000,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
5.572%
and
maturity
date
4/30/25,
valued
at
$5,100,093.
(q)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
unless
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
187
See
Notes
to
Portfolio
of
Investments
Futures
Contracts
-
Long
Description
Number
of
Contracts
(000)
Expiration
Date
Notional
Amount
(000)
Value
(000)
Unrealized
Appreciation
(Depreciation)
(000)
MSCI
EAFE
Index
698‌
12/15/23
 $
73,811‌
$
71,248‌
$
(
2,562‌
)
S&P
500
E
Mini
Index
850‌
12/15/23
191,732‌
183,834‌
(
7,899‌
)
Total
1,548‌
 $
265,543‌
 $
255,082‌
 $
(
10,461‌
)
CREF
Growth
Account
September
30,
2023
Portfolio
of
Investments
188
See
Notes
to
Portfolio
of
Investments
(Unaudited)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
LONG-TERM
INVESTMENTS
-
99.7%
COMMON
STOCKS
-
99.7%
AUTOMOBILES
&
COMPONENTS
-
1.9%
2,279,862
(a)
Tesla,
Inc
$
570,467
TOTAL
AUTOMOBILES
&
COMPONENTS
570,467
CAPITAL
GOODS
-
3.4%
2,328,338
(a)
Boeing
Co
446,296
3,925,419
Carrier
Global
Corp
216,683
359,077
Deere
&
Co
135,508
501,578
Eaton
Corp
plc
106,977
228,671
Honeywell
International,
Inc
42,245
451,904
Safran
S.A.
70,817
TOTAL
CAPITAL
GOODS
1,018,526
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
1.0%
2,104,693
Experian
Group
Ltd
68,840
371,711
Verisk
Analytics,
Inc
87,813
975,914
Waste
Connections,
Inc
131,065
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
287,718
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
7.3%
15,564,426
(a)
Amazon.com,
Inc
1,978,550
154,149
(a)
Burlington
Stores,
Inc
20,856
2,133,141
TJX
Cos,
Inc
189,594
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
2,189,000
CONSUMER
DURABLES
&
APPAREL
-
0.6%
274,201
Kering
124,587
10,628,900
PRADA
S.p.A
62,291
TOTAL
CONSUMER
DURABLES
&
APPAREL
186,878
CONSUMER
SERVICES
-
4.6%
220,057
(a)
Booking
Holdings,
Inc
678,645
4,446,903
(a)
Carnival
Corp
61,012
82,874
(a)
Chipotle
Mexican
Grill,
Inc
(Class
A)
151,811
605,959
(a)
Flutter
Entertainment
plc
98,593
5,169,381
Las
Vegas
Sands
Corp
236,964
1,712,572
Starbucks
Corp
156,307
TOTAL
CONSUMER
SERVICES
1,383,332
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
2.4%
1,269,895
Costco
Wholesale
Corp
717,440
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
717,440
ENERGY
-
2.0%
1,376,173
ConocoPhillips
164,866
2,594,278
EOG
Resources,
Inc
328,851
487,782
Pioneer
Natural
Resources
Co
111,970
TOTAL
ENERGY
605,687
FINANCIAL
SERVICES
-
7.8%
42,806
(a),(b)
Adyen
NV
31,738
528,955
American
Express
Co
78,915
947,046
(a)
Fiserv,
Inc
106,978
8,050,962
(a)
Grab
Holdings
Ltd
28,500
1,363,799
iShares
Russell
1000
Growth
Index
Fund
362,757
716,089
London
Stock
Exchange
Group
plc
71,770
189
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
2,113,677
Mastercard,
Inc
(Class
A)
$
836,826
3,483,933
(a)
PayPal
Holdings,
Inc
203,671
254,238
S&P
Global,
Inc
92,901
2,398,974
Visa,
Inc
(Class
A)
551,788
TOTAL
FINANCIAL
SERVICES
2,365,844
FOOD,
BEVERAGE
&
TOBACCO
-
1.6%
5,822,956
Davide
Campari-Milano
NV
68,550
8,019,031
(a)
Monster
Beverage
Corp
424,607
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
493,157
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
6.0%
497,861
(a)
Align
Technology,
Inc
152,007
3,357,020
(a)
DexCom,
Inc
313,210
368,586
Elevance
Health,
Inc
160,490
437,039
Essilor
International
S.A.
76,021
1,299,891
(a)
Intuitive
Surgical,
Inc
379,945
991,764
UnitedHealth
Group,
Inc
500,037
1,043,131
(a)
Veeva
Systems,
Inc
212,225
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
1,793,935
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.8%
766,985
Estee
Lauder
Cos
(Class
A)
110,868
6,603,893
Kenvue,
Inc
132,606
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
243,474
INSURANCE
-
0.2%
1,216,681
American
International
Group,
Inc
73,731
TOTAL
INSURANCE
73,731
MATERIALS
-
2.0%
5,447,497
Corteva,
Inc
278,694
899,451
Linde
plc
334,910
TOTAL
MATERIALS
613,604
MEDIA
&
ENTERTAINMENT
-
11.1%
5,955,380
(a)
Alphabet,
Inc
785,217
5,684,013
(a)
Alphabet,
Inc
(Class
A)
743,810
3,506,379
(a)
Match
Group,
Inc
137,362
5,027,343
(a)
Meta
Platforms,
Inc
1,509,259
862,139
NetEase,
Inc
(ADR)
86,352
1,213,440
(a)
ROBLOX
Corp
35,141
470,518
(a)
Walt
Disney
Co
38,135
TOTAL
MEDIA
&
ENTERTAINMENT
3,335,276
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
6.1%
847,164
AbbVie,
Inc
126,278
395,887
Amgen,
Inc
106,398
2,299,814
AstraZeneca
plc
(ADR)
155,743
1,148,461
Eli
Lilly
&
Co
616,873
970,866
Gilead
Sciences,
Inc
72,757
442,992
(a)
Illumina,
Inc
60,814
2,129,186
Novo
Nordisk
A.S.
193,865
2,134,074
Novo
Nordisk
A.S.
(ADR)
194,073
1,840,877
Zoetis,
Inc
320,276
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
1,847,077
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
10.7%
2,078,279
Applied
Materials,
Inc
287,738
1,004,390
Broadcom,
Inc
834,226
2,746,006
Intel
Corp
97,621
209,465
Lam
Research
Corp
131,286
CREF
Growth
Account
September
30,
2023
190
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
175,545
Monolithic
Power
Systems,
Inc
$
81,102
4,146,609
Nvidia
Corp
1,803,733
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
3,235,706
SOFTWARE
&
SERVICES
-
21.6%
184,625
Accenture
plc
56,700
577,665
(a)
Atlassian
Corp
Ltd
116,405
307,715
(a)
Crowdstrike
Holdings,
Inc
51,505
390,993
(a)
EPAM
Systems,
Inc
99,973
946,907
Intuit,
Inc
483,813
10,548,017
Microsoft
Corp
3,330,537
1,057,978
Oracle
Corp
112,061
1,921,876
(a)
Palo
Alto
Networks,
Inc
450,565
308,576
Roper
Industries,
Inc
149,437
3,138,812
(a)
Salesforce,
Inc
636,488
677,839
(a)
ServiceNow,
Inc
378,885
952,738
(a)
Synopsys,
Inc
437,278
964,784
(a)
Workday,
Inc
207,284
TOTAL
SOFTWARE
&
SERVICES
6,510,931
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
7.5%
12,399,911
Apple,
Inc
2,122,989
665,222
(a)
Arista
Networks,
Inc
122,354
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
2,245,343
TRANSPORTATION
-
1.1%
7,018,107
(a)
Uber
Technologies,
Inc
322,763
TOTAL
TRANSPORTATION
322,763
TOTAL
COMMON
STOCKS
30,039,889
(Cost
$26,124,416)
TOTAL
LONG-TERM
INVESTMENTS
30,039,889‌
(Cost
$26,124,416)
PRINCIPAL
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS
-
0.3%
GOVERNMENT
AGENCY
DEBT
-
0.1%
$
5,000,000
Federal
Home
Loan
Bank
(FHLB)
0
.000
%
10/11/23
4,994
10,000,000
FHLB
0
.000
10/30/23
9,959
5,000,000
FHLB
0
.000
11/01/23
4,978
8,750,000
FHLB
0
.000
11/03/23
8,710
TOTAL
GOVERNMENT
AGENCY
DEBT
28,641
REPURCHASE
AGREEMENT
-
0.0%
7,774,000
(c)
Fixed
Income
Clearing
Corp
(FICC)
5
.300
10/02/23
7,774
TOTAL
REPURCHASE
AGREEMENT
7,774
TREASURY
DEBT
-
0.2%
2,255,000
United
States
Treasury
Bill
0
.000
10/10/23
2,252
10,000,000
United
States
Treasury
Bill
0
.000
10/17/23
9,978
10,000,000
United
States
Treasury
Bill
0
.000
10/19/23
9,975
10,000,000
United
States
Treasury
Bill
0
.000
10/26/23
9,965
17,000,000
United
States
Treasury
Bill
0
.000
11/02/23
16,923
191
See
Notes
to
Portfolio
of
Investments
Cost
amounts
are
in
thousands.
PRINCIPAL
DESCRIPTION
RATE
MATURITY
DATE
VALUE
(000)
$
5,000,000
United
States
Treasury
Bill
0
.000
%
11/07/23
$
4,974
TOTAL
TREASURY
DEBT
54,067
TOTAL
SHORT-TERM
INVESTMENTS
90,482
(Cost
$90,468)
TOTAL
INVESTMENTS
-
100.0%
30,130,371
(Cost
$26,214,884)
OTHER
ASSETS
&
LIABILITIES,
NET
-
0.0%
2,885
NET
ASSETS
-
100.0%
$30,133,256
ADR
American
Depositary
Receipt
(a)
Non-income
producing
(b)
Security
is
exempt
from
registration
under
Rule
144(A)
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
(c)
Agreement
with
Fixed
Income
Clearing
Corp
(FICC),
5.300%
dated
9/29/23
to
be
repurchased
at
$7,774,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
4.625%
and
maturity
date
9/15/26,
valued
at
$7,929,481.
CREF
Equity
Index
Account
September
30,
2023
Portfolio
of
Investments
192
See
Notes
to
Portfolio
of
Investments
(Unaudited)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
LONG-TERM
INVESTMENTS
-
99.6%
COMMON
STOCKS
-
99.6%
AUTOMOBILES
&
COMPONENTS
-
2.2%
49,971
(a)
Adient
plc
$
1,834
60,325
(a)
American
Axle
&
Manufacturing
Holdings,
Inc
438
131,438
(a)
Aptiv
plc
12,959
115,559
BorgWarner,
Inc
4,665
8,573
(a)
Cooper-Standard
Holdings,
Inc
115
76,541
Dana
Inc
1,123
12,642
(a)
Dorman
Products,
Inc
958
86,619
(a),(b)
Fisker,
Inc
556
1,955,974
Ford
Motor
Co
24,293
23,054
(a)
Fox
Factory
Holding
Corp
2,284
673,219
General
Motors
Co
22,196
104,978
Gentex
Corp
3,416
18,149
(a)
Gentherm,
Inc
985
139,195
(a)
Goodyear
Tire
&
Rubber
Co
1,730
67,182
Harley-Davidson,
Inc
2,221
26,694
(a),(b)
Holley,
Inc
133
12,667
LCI
Industries
1,487
27,234
Lear
Corp
3,655
372,353
(a),(b)
Lucid
Group,
Inc
2,082
122,392
(a),(b)
Luminar
Technologies,
Inc
557
25,388
(a)
Modine
Manufacturing
Co
1,162
10,528
Patrick
Industries,
Inc
790
23,111
Phinia,
Inc
619
111,576
(a),(b)
QuantumScape
Corp
747
326,042
(a),(b)
Rivian
Automotive,
Inc
7,916
29,093
(a),(b)
Solid
Power,
Inc
59
11,405
Standard
Motor
Products,
Inc
383
20,247
(a)
Stoneridge,
Inc
406
1,356,148
(a)
Tesla,
Inc
339,335
22,833
Thor
Industries,
Inc
2,172
12,140
(a)
Visteon
Corp
1,676
17,654
Winnebago
Industries,
Inc
1,050
67,449
(a),(b)
Workhorse
Group,
Inc
28
9,934
(a)
XPEL,
Inc
766
TOTAL
AUTOMOBILES
&
COMPONENTS
444,796
BANKS
-
3.3%
4,682
1st
Source
Corp
197
4,331
(b)
ACNB
Corp
137
7,212
Amalgamated
Financial
Corp
124
12,491
Amerant
Bancorp,
Inc
218
5,882
American
National
Bankshares,
Inc
223
38,500
Ameris
Bancorp
1,478
9,484
Arrow
Financial
Corp
161
63,489
Associated
Banc-Corp
1,086
42,326
Atlantic
Union
Bankshares
Corp
1,218
31,941
(a)
Axos
Financial,
Inc
1,209
31,112
(b)
Banc
of
California,
Inc
385
10,077
Bancfirst
Corp
874
35,393
(a)
Bancorp,
Inc
1,221
3,732
(b)
Bank
First
Corp
288
3,443,440
Bank
of
America
Corp
94,281
23,380
(b)
Bank
of
Hawaii
Corp
1,162
7,728
Bank
of
Marin
Bancorp
141
25,484
Bank
of
NT
Butterfield
&
Son
Ltd
690
193
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
58,249
Bank
OZK
$
2,159
27,509
BankUnited,
Inc
625
18,925
Banner
Corp
802
11,016
Bar
Harbor
Bankshares
260
6,589
BayCom
Corp
127
7,362
BCB
Bancorp,
Inc
82
26,834
Berkshire
Hills
Bancorp,
Inc
538
13,432
(a)
Blue
Foundry
Bancorp
112
8,721
Blue
Ridge
Bankshares,
Inc
39
8,083
BOK
Financial
Corp
647
10,571
(a)
Bridgewater
Bancshares,
Inc
100
38,089
Brookline
Bancorp,
Inc
347
3,114
(b)
Burke
&
Herbert
Financial
Services
Corp
145
6,436
Business
First
Bancshares,
Inc
121
5,576
Byline
Bancorp,
Inc
110
107,871
Cadence
Bank
2,289
2,502
Cambridge
Bancorp
156
7,078
Camden
National
Corp
200
4,609
(b)
Capital
Bancorp,
Inc
88
9,158
Capital
City
Bank
Group,
Inc
273
33,828
Capitol
Federal
Financial,
Inc
161
5,956
(b)
Capstar
Financial
Holdings,
Inc
85
14,623
(a)
Carter
Bankshares,
Inc
183
25,721
Cathay
General
Bancorp
894
21,511
Central
Pacific
Financial
Corp
359
955,525
Citigroup,
Inc
39,301
9,568
Citizens
&
Northern
Corp
168
227,221
Citizens
Financial
Group,
Inc
6,090
2,158
Citizens
Financial
Services,
Inc
103
4,775
City
Holding
Co
431
7,262
Civista
Bancshares,
Inc
113
9,772
CNB
Financial
Corp
177
5,328
(a),(b)
Coastal
Financial
Corp
229
4,711
(b)
Codorus
Valley
Bancorp,
Inc
88
8,393
Colony
Bankcorp,
Inc
84
109,266
Columbia
Banking
System,
Inc
2,218
17,061
(a)
Columbia
Financial,
Inc
268
69,667
Comerica,
Inc
2,895
55,801
Commerce
Bancshares,
Inc
2,677
29,222
Community
Bank
System,
Inc
1,234
16,516
Community
Trust
Bancorp,
Inc
566
21,722
ConnectOne
Bancorp,
Inc
387
2,974
(a),(b)
CrossFirst
Bankshares,
Inc
30
31,366
Cullen/Frost
Bankers,
Inc
2,861
19,196
(a)
Customers
Bancorp,
Inc
661
45,531
CVB
Financial
Corp
754
19,153
Dime
Community
Bancshares,
Inc
382
17,266
Eagle
Bancorp,
Inc
370
71,752
East
West
Bancorp,
Inc
3,782
94,260
Eastern
Bankshares,
Inc
1,182
6,481
Enterprise
Bancorp,
Inc
177
16,077
Enterprise
Financial
Services
Corp
603
7,477
Equity
Bancshares,
Inc
180
3,546
Esquire
Financial
Holdings,
Inc
162
6,206
(b)
Farmers
&
Merchants
Bancorp,
Inc
109
18,150
Farmers
National
Banc
Corp
210
13,107
FB
Financial
Corp
372
2,294
(b)
Fidelity
D&D
Bancorp,
Inc
104
351,476
Fifth
Third
Bancorp
8,903
10,211
Financial
Institutions,
Inc
172
15,371
First
Bancorp
433
114,850
First
BanCorp
1,546
CREF
Equity
Index
Account
September
30,
2023
194
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
6,485
First
Bancorp,
Inc
$
152
6,018
First
Bancshares,
Inc
162
7,950
(b)
First
Bank
86
26,747
First
Busey
Corp
514
4,107
First
Business
Financial
Services,
Inc
123
5,110
First
Citizens
Bancshares,
Inc
(Class
A)
7,052
52,091
First
Commonwealth
Financial
Corp
636
12,139
(b)
First
Community
Bancshares,
Inc
358
47,775
First
Financial
Bancorp
936
70,877
First
Financial
Bankshares,
Inc
1,780
505
First
Financial
Corp
17
19,660
First
Foundation,
Inc
120
71,845
First
Hawaiian,
Inc
1,297
266,280
First
Horizon
National
Corp
2,934
43,798
First
Interstate
BancSystem,
Inc
1,092
29,933
First
Merchants
Corp
833
7,120
First
Mid
Bancshares,
Inc
189
15,462
First
of
Long
Island
Corp
178
4,047
(a)
First
Western
Financial,
Inc
73
6,452
Five
Star
Bancorp
129
4,145
Flushing
Financial
Corp
54
157,037
FNB
Corp
1,694
3,291
(b)
FS
Bancorp,
Inc
97
80,429
Fulton
Financial
Corp
974
7,652
(a),(b)
FVCBankcorp,
Inc
98
5,087
German
American
Bancorp,
Inc
138
63,141
Glacier
Bancorp,
Inc
1,800
1,871
(b)
Great
Southern
Bancorp,
Inc
90
3,479
(b)
Greene
County
Bancorp,
Inc
84
1,346
Guaranty
Bancshares,
Inc
39
47,878
Hancock
Whitney
Corp
1,771
23,963
Hanmi
Financial
Corp
389
16,668
HarborOne
Bancorp,
Inc
159
6,442
HBT
Financial,
Inc
118
13,408
Heartland
Financial
USA,
Inc
395
25,661
Heritage
Commerce
Corp
217
22,188
Heritage
Financial
Corp
362
35,248
Hilltop
Holdings,
Inc
1,000
997
(b)
Hingham
Institution
For
Savings
The
186
4,264
(b)
Home
Bancorp,
Inc
136
81,882
Home
Bancshares,
Inc
1,715
15,022
HomeStreet,
Inc
117
13,541
HomeTrust
Bancshares,
Inc
293
59,403
Hope
Bancorp,
Inc
526
2,709
Horizon
Bancorp,
Inc
29
728,267
Huntington
Bancshares,
Inc
7,574
25,003
Independent
Bank
Corp
1,227
17,558
Independent
Bank
Corp
322
20,253
Independent
Bank
Group,
Inc
801
29,344
International
Bancshares
Corp
1,272
5,837
(b)
John
Marshall
Bancorp,
Inc
104
1,419,294
JPMorgan
Chase
&
Co
205,826
8,268
Kearny
Financial
Corp
57
434,062
Keycorp
4,671
9,106
Lakeland
Bancorp,
Inc
115
13,317
Lakeland
Financial
Corp
632
14,926
Live
Oak
Bancshares,
Inc
432
82,354
M&T
Bank
Corp
10,414
19,210
Macatawa
Bank
Corp
172
1,529
(b)
Mercantile
Bank
Corp
47
10,190
Metrocity
Bankshares,
Inc
201
4,420
(a),(b)
Metropolitan
Bank
Holding
Corp
160
195
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
7,348
Mid
Penn
Bancorp,
Inc
$
148
3,829
Middlefield
Banc
Corp
97
10,800
Midland
States
Bancorp,
Inc
222
7,821
MidWestOne
Financial
Group,
Inc
159
5,369
(b)
MVB
Financial
Corp
121
19,324
National
Bank
Holdings
Corp
575
21,431
NBT
Bancorp,
Inc
679
354,947
New
York
Community
Bancorp,
Inc
4,025
6,480
Nicolet
Bankshares,
Inc
452
3,442
Northeast
Bank
152
5,388
Northfield
Bancorp,
Inc
51
2,656
Northrim
BanCorp,
Inc
105
62,432
Northwest
Bancshares,
Inc
639
3,544
(b)
Norwood
Financial
Corp
91
1,149,334
(a)
NU
Holdings
Ltd
8,333
12,012
OceanFirst
Financial
Corp
174
33,903
OFG
Bancorp
1,012
133,138
Old
National
Bancorp
1,936
21,667
Old
Second
Bancorp,
Inc
295
11,057
Origin
Bancorp,
Inc
319
5,318
Orrstown
Financial
Services,
Inc
112
51,153
Pacific
Premier
Bancorp,
Inc
1,113
60,165
(b)
PacWest
Bancorp
476
7,855
Park
National
Corp
743
5,178
(b)
Parke
Bancorp,
Inc
84
20,574
Pathward
Financial,
Inc
948
5,966
PCB
Bancorp
92
267
Peapack
Gladstone
Financial
Corp
7
4,697
(b)
Peoples
Bancorp,
Inc
119
5,712
Peoples
Financial
Services
Corp
229
41,191
Pinnacle
Financial
Partners,
Inc
2,761
2,662
(b)
Plumas
Bancorp
91
198,649
PNC
Financial
Services
Group,
Inc
24,388
11,515
(a),(b)
Ponce
Financial
Group,
Inc
90
38,321
Popular,
Inc
2,415
8,859
Preferred
Bank
552
20,188
Premier
Financial
Corp
344
8,140
Primis
Financial
Corp
66
41,648
Prosperity
Bancshares,
Inc
2,273
35,868
Provident
Financial
Services,
Inc
548
8,729
QCR
Holdings,
Inc
424
9,265
RBB
Bancorp
118
2,235
Red
River
Bancshares,
Inc
103
446,451
Regions
Financial
Corp
7,679
30,881
Renasant
Corp
809
6,104
Republic
Bancorp,
Inc
(Class
A)
269
13,081
(b)
S&T
Bancorp,
Inc
354
22,606
Sandy
Spring
Bancorp,
Inc
484
34,531
Seacoast
Banking
Corp
of
Florida
758
24,631
ServisFirst
Bancshares,
Inc
1,285
9,123
Shore
Bancshares,
Inc
96
8,919
Sierra
Bancorp
169
55,218
Simmons
First
National
Corp
(Class
A)
937
5,382
SmartFinancial,
Inc
115
5,202
South
Plains
Financial,
Inc
138
4,079
(a)
Southern
First
Bancshares,
Inc
110
4,139
Southern
Missouri
Bancorp,
Inc
160
10,544
(b)
Southside
Bancshares,
Inc
303
38,442
SouthState
Corp
2,589
23,920
Stellar
Bancorp,
Inc
510
11,262
Stock
Yards
Bancorp,
Inc
443
6,101
Summit
Financial
Group,
Inc
138
CREF
Equity
Index
Account
September
30,
2023
196
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
74,250
(b)
Synovus
Financial
Corp
$
2,064
27,678
(a)
Texas
Capital
Bancshares,
Inc
1,630
6,549
(a)
Third
Coast
Bancshares,
Inc
112
7,201
Tompkins
Trustco,
Inc
353
34,516
Towne
Bank
791
19,212
Trico
Bancshares
615
10,668
Triumph
Financial,
Inc
691
661,346
Truist
Financial
Corp
18,921
2,656
(b)
TrustCo
Bank
Corp
NY
73
34,442
Trustmark
Corp
748
23,900
UMB
Financial
Corp
1,483
68,198
United
Bankshares,
Inc
1,882
48,352
United
Community
Banks,
Inc
1,229
3,873
(b)
Unity
Bancorp,
Inc
91
5,426
Univest
Financial
Corp
94
764,001
US
Bancorp
25,258
218,557
Valley
National
Bancorp
1,871
22,054
Veritex
Holdings,
Inc
396
25,531
Washington
Federal,
Inc
654
3,676
Washington
Trust
Bancorp,
Inc
97
85,391
(b)
Webster
Financial
Corp
3,442
1,804,676
Wells
Fargo
&
Co
73,739
21,097
WesBanco,
Inc
515
11,970
West
Bancorporation,
Inc
195
13,352
Westamerica
Bancorporation
578
53,770
Western
Alliance
Bancorp
2,472
31,127
Wintrust
Financial
Corp
2,350
37,346
WSFS
Financial
Corp
1,363
81,460
(b)
Zions
Bancorporation
2,842
TOTAL
BANKS
682,762
CAPITAL
GOODS
-
6.4%
29,422
(a),(b)
374Water,
Inc
36
66,252
(a)
3D
Systems
Corp
325
270,648
3M
Co
25,338
57,428
A.O.
Smith
Corp
3,798
32,247
Aaon,
Inc
1,834
11,925
(a)
AAR
Corp
710
16,749
Acuity
Brands,
Inc
2,853
31,531
Advanced
Drainage
Systems,
Inc
3,589
58,431
Aecom
Technology
Corp
4,852
12,268
(a)
Aerovironment,
Inc
1,368
8,143
(a),(b)
AerSale
Corp
122
29,823
AGCO
Corp
3,527
36,080
Air
Lease
Corp
1,422
5,157
Alamo
Group,
Inc
891
16,794
Albany
International
Corp
(Class
A)
1,449
41,449
Allegion
plc
4,319
6,739
Allied
Motion
Technologies,
Inc
208
45,916
Allison
Transmission
Holdings,
Inc
2,712
10,745
Alta
Equipment
Group,
Inc
130
13,776
(a),(b)
Ameresco,
Inc
531
10,171
(a)
American
Woodmark
Corp
769
110,415
Ametek,
Inc
16,315
98,441
(a)
API
Group
Corp
2,553
4,551
Apogee
Enterprises,
Inc
214
21,181
Applied
Industrial
Technologies,
Inc
3,275
63,826
(a),(b)
Archer
Aviation,
Inc
323
26,444
Arcosa,
Inc
1,901
10,471
Argan,
Inc
477
20,887
Armstrong
World
Industries,
Inc
1,504
69,116
(a)
Array
Technologies,
Inc
1,534
197
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
15,250
Astec
Industries,
Inc
$
718
15,755
(a)
Astronics
Corp
250
20,918
(a)
Atkore,
Inc
3,121
35,579
(a)
Axon
Enterprise,
Inc
7,080
60,195
(a)
AZEK
Co,
Inc
1,790
13,571
AZZ,
Inc
619
30,289
(a)
Babcock
&
Wilcox
Enterprises,
Inc
128
25,595
Barnes
Group,
Inc
869
22,560
(a)
Beacon
Roofing
Supply,
Inc
1,741
19,926
(a),(b)
Blink
Charging
Co
61
75,992
(a),(b)
Bloom
Energy
Corp
1,008
3,946
(a)
Blue
Bird
Corp
84
4,896
(a)
BlueLinx
Holdings,
Inc
402
274,676
(a)
Boeing
Co
52,650
16,526
Boise
Cascade
Co
1,703
4,978
(a),(b)
Bowman
Consulting
Group
Ltd
140
13,313
(b)
Brookfield
Business
Corp
241
63,428
(a)
Builders
FirstSource,
Inc
7,896
40,627
BWX
Technologies,
Inc
3,046
8,469
(b)
Cadre
Holdings,
Inc
226
23,004
Carlisle
Cos,
Inc
5,964
410,690
Carrier
Global
Corp
22,670
252,904
Caterpillar,
Inc
69,043
120,169
(a),(b)
ChargePoint
Holdings,
Inc
597
20,872
(a),(b)
Chart
Industries,
Inc
3,530
12,045
(a)
CIRCOR
International,
Inc
672
439,165
CNH
Industrial
NV
5,314
14,727
Columbus
McKinnon
Corp
514
17,475
Comfort
Systems
USA,
Inc
2,978
15,927
(a)
Commercial
Vehicle
Group,
Inc
124
13,197
(a)
Concrete
Pumping
Holdings,
Inc
113
11,212
(a)
Construction
Partners,
Inc
410
42,178
(a)
Core
&
Main,
Inc
1,217
21,581
Crane
Co
1,917
21,581
Crane
NXT
Co
1,199
7,468
CSW
Industrials,
Inc
1,309
70,319
Cummins,
Inc
16,065
19,563
Curtiss-Wright
Corp
3,827
30,728
(a),(b)
Custom
Truck
One
Source,
Inc
191
134,232
Deere
&
Co
50,656
62,846
(a)
Desktop
Metal,
Inc
92
63,211
Donaldson
Co,
Inc
3,770
16,771
Douglas
Dynamics,
Inc
506
69,542
Dover
Corp
9,702
8,048
(a),(b)
Ducommun,
Inc
350
11,117
(a)
DXP
Enterprises,
Inc
388
16,954
(a)
Dycom
Industries,
Inc
1,509
198,484
Eaton
Corp
plc
42,333
24,435
EMCOR
Group,
Inc
5,141
280,141
Emerson
Electric
Co
27,053
8,964
Encore
Wire
Corp
1,636
24,905
(a)
Energy
Recovery,
Inc
528
12,892
(a),(b)
Energy
Vault
Holdings,
Inc
33
32,971
Enerpac
Tool
Group
Corp
871
18,213
EnerSys
1,724
55,762
(a),(b)
Enovix
Corp
700
11,263
EnPro
Industries,
Inc
1,365
53,873
(a),(b)
Eos
Energy
Enterprises,
Inc
116
28,088
Esab
Corp
1,972
13,003
ESCO
Technologies,
Inc
1,358
41,349
(a),(b)
ESS
Tech,
Inc
78
9,017
(a),(b)
Eve
Holding,
Inc
75
CREF
Equity
Index
Account
September
30,
2023
198
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
276,590
Fastenal
Co
$
15,113
32,884
Federal
Signal
Corp
1,964
98,612
Ferguson
plc
16,219
71,435
Flowserve
Corp
2,841
18,242
(a),(b)
Fluence
Energy,
Inc
419
77,505
(a)
Fluor
Corp
2,844
173,487
Fortive
Corp
12,866
67,350
Fortune
Brands
Innovations,
Inc
4,186
20,104
Franklin
Electric
Co,
Inc
1,794
49,125
FTAI
Aviation
Ltd
1,746
21,243
(a),(b)
FTC
Solar,
Inc
27
176,294
(a),(b)
FuelCell
Energy,
Inc
226
30,738
(a)
Gates
Industrial
Corp
plc
357
14,376
GATX
Corp
1,565
31,919
(a)
Generac
Holdings,
Inc
3,478
119,133
General
Dynamics
Corp
26,325
534,762
General
Electric
Co
59,118
17,907
(a)
Gibraltar
Industries,
Inc
1,209
9,938
Global
Industrial
Co
333
21,710
(a)
GMS,
Inc
1,389
12,385
Gorman-Rupp
Co
407
78,611
Graco,
Inc
5,729
95,580
GrafTech
International
Ltd
366
24,972
Granite
Construction,
Inc
949
44,924
(a)
Great
Lakes
Dredge
&
Dock
Corp
358
19,838
Greenbrier
Cos,
Inc
794
20,793
Griffon
Corp
825
17,554
H&E
Equipment
Services,
Inc
758
21,061
(a)
Hayward
Holdings,
Inc
297
21,280
HEICO
Corp
3,446
38,786
HEICO
Corp
(Class
A)
5,012
16,194
Helios
Technologies,
Inc
898
13,619
Herc
Holdings,
Inc
1,620
41,915
Hexcel
Corp
2,730
32,149
Hillenbrand,
Inc
1,360
69,001
(a)
Hillman
Solutions
Corp
569
328,769
Honeywell
International,
Inc
60,737
188,854
Howmet
Aerospace,
Inc
8,735
27,556
Hubbell,
Inc
8,636
22,109
(a)
Hudson
Technologies,
Inc
294
16,667
Huntington
Ingalls
Industries,
Inc
3,410
63,978
(a),(b)
Hyliion
Holdings
Corp
75
7,224
Hyster-Yale
Materials
Handling,
Inc
322
37,542
IDEX
Corp
7,809
5,334
(a)
IES
Holdings,
Inc
351
149,736
Illinois
Tool
Works,
Inc
34,486
192,430
Ingersoll
Rand,
Inc
12,262
3,056
Insteel
Industries,
Inc
99
39,987
ITT,
Inc
3,915
41,873
(a)
Janus
International
Group,
Inc
448
45,832
(a)
JELD-WEN
Holding,
Inc
612
16,888
John
Bean
Technologies
Corp
1,776
342,404
Johnson
Controls
International
plc
18,219
5,348
Kadant,
Inc
1,206
15,070
Kaman
Corp
296
45,625
Kennametal,
Inc
1,135
66,946
(a)
Kratos
Defense
&
Security
Solutions,
Inc
1,006
92,330
L3Harris
Technologies,
Inc
16,077
9,846
(a)
Lawson
Products,
Inc
256
16,699
Lennox
International,
Inc
6,253
24,937
(a)
Leonardo
DRS,
Inc
416
4,566
(a)
Limbach
Holdings,
Inc
145
199
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
28,514
Lincoln
Electric
Holdings,
Inc
$
5,184
5,950
Lindsay
Corp
700
111,311
Lockheed
Martin
Corp
45,522
12,965
(b)
LSI
Industries,
Inc
206
17,575
Luxfer
Holdings
plc
229
22,630
(a)
Manitowoc
Co,
Inc
341
107,444
Masco
Corp
5,743
7,698
(a)
Masonite
International
Corp
718
32,416
(a)
Mastec,
Inc
2,333
67,350
(a)
Masterbrand,
Inc
818
8,494
McGrath
RentCorp
851
96,446
MDU
Resources
Group,
Inc
1,888
30,340
(a)
Mercury
Computer
Systems,
Inc
1,125
87,434
(a),(b)
Microvast
Holdings,
Inc
165
24,886
(a)
Middleby
Corp
3,185
7,280
Miller
Industries,
Inc
285
14,585
Moog,
Inc
(Class
A)
1,648
43,932
(a)
MRC
Global,
Inc
450
19,273
MSC
Industrial
Direct
Co
(Class
A)
1,892
28,683
Mueller
Industries,
Inc
2,156
85,916
Mueller
Water
Products,
Inc
(Class
A)
1,089
6,055
(a)
MYR
Group,
Inc
816
3,534
National
Presto
Industries,
Inc
256
15,496
(a)
NEXTracker,
Inc
622
665,420
(a),(b)
Nikola
Corp
1,045
28,439
Nordson
Corp
6,347
71,358
Northrop
Grumman
Corp
31,411
6,891
(a)
Northwest
Pipe
Co
208
78,206
(a)
NOW,
Inc
928
16,026
(a),(b)
NuScale
Power
Corp
79
74,858
nVent
Electric
plc
3,967
2,354
Omega
Flex,
Inc
185
33,865
Oshkosh
Corp
3,232
198,413
Otis
Worldwide
Corp
15,935
42,635
Owens
Corning,
Inc
5,816
246,202
PACCAR,
Inc
20,932
14,228
Park
Aerospace
Corp
221
61,844
Parker-Hannifin
Corp
24,089
20,471
(a)
Parsons
Corp
1,113
81,606
Pentair
plc
5,284
36,380
(a)
PGT
Innovations,
Inc
1,010
274,975
(a),(b)
Plug
Power,
Inc
2,090
7,077
Powell
Industries,
Inc
587
1,801
Preformed
Line
Products
Co
293
28,783
Primoris
Services
Corp
942
15,505
(a)
Proto
Labs,
Inc
409
16,969
Quanex
Building
Products
Corp
478
71,936
Quanta
Services,
Inc
13,457
13,498
(a)
RBC
Bearings,
Inc
3,160
32,418
Regal-Beloit
Corp
4,632
82,950
(a)
Resideo
Technologies,
Inc
1,311
8,757
REV
Group,
Inc
140
109,316
(a),(b)
Rocket
Lab
USA,
Inc
479
56,702
Rockwell
Automation,
Inc
16,209
718,869
RTX
Corp
51,737
10,342
Rush
Enterprises,
Inc
468
22,836
Rush
Enterprises,
Inc
(Class
A)
932
80,042
Sensata
Technologies
Holding
plc
3,027
63,890
(a),(b)
SES
AI
Corp
145
81,772
(a)
Shoals
Technologies
Group,
Inc
1,492
18,886
Shyft
Group,
Inc
283
19,894
Simpson
Manufacturing
Co,
Inc
2,980
CREF
Equity
Index
Account
September
30,
2023
200
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
24,415
(a)
SiteOne
Landscape
Supply,
Inc
$
3,991
25,706
Snap-On,
Inc
6,557
59,911
Spirit
Aerosystems
Holdings,
Inc
(Class
A)
967
23,935
(a)
SPX
Technologies,
Inc
1,948
4,143
Standex
International
Corp
604
77,790
Stanley
Black
&
Decker,
Inc
6,502
73,460
(a),(b)
Stem,
Inc
311
18,886
(a)
Sterling
Construction
Co,
Inc
1,388
42,585
(a),(b)
SunPower
Corp
263
109,516
(a)
Sunrun,
Inc
1,376
10,075
Tennant
Co
747
35,787
Terex
Corp
2,062
13,596
Textainer
Group
Holdings
Ltd
506
95,205
Textron,
Inc
7,439
24,419
(a)
Thermon
Group
Holdings,
Inc
671
35,263
Timken
Co
2,591
27,553
(a)
Titan
International,
Inc
370
11,613
(a)
Titan
Machinery,
Inc
309
51,928
Toro
Co
4,315
111,652
Trane
Technologies
plc
22,655
3,856
(a)
Transcat,
Inc
378
25,384
(a)
TransDigm
Group,
Inc
21,402
52,464
(a)
Trex
Co,
Inc
3,233
42,805
Trinity
Industries,
Inc
1,042
23,840
Triton
International
Ltd
1,961
32,779
(a)
Triumph
Group,
Inc
251
27,269
(a)
Tutor
Perini
Corp
214
26,618
UFP
Industries,
Inc
2,726
33,475
United
Rentals,
Inc
14,882
7,860
(a)
V2X,
Inc
406
10,628
Valmont
Industries,
Inc
2,553
45,774
(a),(b)
Velo3D,
Inc
71
7,828
Veritiv
Corp
1,322
154,466
Vertiv
Holdings
Co
5,746
12,845
(a)
Vicor
Corp
756
96,965
(a),(b)
Virgin
Galactic
Holdings,
Inc
175
22,246
W.W.
Grainger,
Inc
15,391
23,411
Wabash
National
Corp
494
16,513
(b)
Watsco,
Inc
6,237
12,667
Watts
Water
Technologies,
Inc
(Class
A)
2,189
22,053
WESCO
International,
Inc
3,172
86,408
Westinghouse
Air
Brake
Technologies
Corp
9,183
105,633
(a)
WillScot
Mobile
Mini
Holdings
Corp
4,393
30,482
Woodward
Inc
3,788
17,318
(a),(b)
Xometry,
Inc
294
113,012
Xylem,
Inc
10,287
65,462
Zurn
Elkay
Water
Solutions
Corp
1,834
TOTAL
CAPITAL
GOODS
1,316,602
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
1.6%
27,128
ABM
Industries,
Inc
1,085
5,587
ACCO
Brands
Corp
32
57,811
(a)
ACV
Auctions,
Inc
878
174,070
(a)
Alight,
Inc
1,234
11,286
Aris
Water
Solution,
Inc
113
27,574
(a)
ASGN,
Inc
2,252
152,445
(a),(b)
Aurora
Innovation,
Inc
358
201,899
Automatic
Data
Processing,
Inc
48,573
5,145
Barrett
Business
Services,
Inc
464
60,886
(a),(b)
BlackSky
Technology,
Inc
71
66,781
Booz
Allen
Hamilton
Holding
Corp
7,297
16,522
(a),(b)
BrightView
Holdings,
Inc
128
201
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
26,557
Brink's
Co
$
1,929
57,307
Broadridge
Financial
Solutions,
Inc
10,261
10,973
(a)
CACI
International,
Inc
(Class
A)
3,445
26,846
(a)
Casella
Waste
Systems,
Inc
(Class
A)
2,048
18,053
(a)
CBIZ,
Inc
937
14,787
(a)
CECO
Environmental
Corp
236
8,021
(a)
Cimpress
plc
562
42,038
Cintas
Corp
20,221
226,376
(a),(b)
Clarivate
plc
1,519
27,814
(a)
Clean
Harbors,
Inc
4,655
21,043
Concentrix
Corp
1,686
91,431
(a)
Conduent,
Inc
318
412,416
(a)
Copart,
Inc
17,771
49,610
(a)
CoreCivic,
Inc
558
201,024
(a)
CoStar
Group,
Inc
15,457
3,881
CRA
International,
Inc
391
17,763
CSG
Systems
International,
Inc
908
22,984
Deluxe
Corp
434
20,676
(a)
Driven
Brands
Holdings,
Inc
260
129,661
Dun
&
Bradstreet
Holdings,
Inc
1,295
1,045
Ennis,
Inc
22
59,468
Equifax,
Inc
10,893
86,090
(a)
ExlService
Holdings,
Inc
2,414
28,338
Exponent,
Inc
2,426
15,944
First
Advantage
Corp
220
31,321
(a),(b)
FiscalNote
Holdings,
Inc
65
7,582
(a)
Forrester
Research,
Inc
219
7,620
(a)
Franklin
Covey
Co
327
16,142
(a)
FTI
Consulting,
Inc
2,880
81,103
Genpact
Ltd
2,936
42,598
(a),(b)
GEO
Group,
Inc
348
42,732
(a)
Harsco
Corp
309
40,910
Healthcare
Services
Group
427
14,300
Heidrick
&
Struggles
International,
Inc
358
8,893
(a)
Heritage-Crystal
Clean,
Inc
403
37,280
Herman
Miller,
Inc
912
10,874
(a)
HireRight
Holdings
Corp
103
27,032
HNI
Corp
936
9,371
(a)
Huron
Consulting
Group,
Inc
976
6,267
ICF
International,
Inc
757
12,531
(a),(b)
Innodata,
Inc
107
19,828
Insperity,
Inc
1,935
44,581
Interface,
Inc
437
59,295
Jacobs
Solutions,
Inc
8,094
66,111
KBR,
Inc
3,897
20,372
Kelly
Services,
Inc
(Class
A)
371
11,207
Kforce,
Inc
669
29,134
Korn/Ferry
International
1,382
23,268
(a)
Legalzoom.com,
Inc
255
69,072
Leidos
Holdings,
Inc
6,366
67,802
(a),(b)
Li-Cycle
Holdings
Corp
241
19,090
(a)
Liquidity
Services,
Inc
336
25,524
Manpower,
Inc
1,871
16,885
Matthews
International
Corp
(Class
A)
657
31,583
MAXIMUS,
Inc
2,359
12,017
(a)
Montrose
Environmental
Group,
Inc
352
19,573
MSA
Safety,
Inc
3,086
4,961
NL
Industries,
Inc
24
5,211
(a)
NV5
Global,
Inc
501
67,918
(a)
OPENLANE,
Inc
1,013
155,380
Paychex,
Inc
17,920
33,846
(a),(b)
Performant
Financial
Corp
76
CREF
Equity
Index
Account
September
30,
2023
202
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
95,984
Pitney
Bowes,
Inc
$
290
79,689
(a),(b)
Planet
Labs
PBC
207
90,452
RB
Global,
Inc
5,653
4,854
(a),(b)
Red
Violet,
Inc
97
101,923
Republic
Services,
Inc
14,525
20,546
Resources
Connection,
Inc
306
52,374
Robert
Half
International,
Inc
3,838
119,495
Rollins,
Inc
4,461
28,414
Science
Applications
International
Corp
2,999
12,140
(a)
SP
Plus
Corp
438
100,288
SS&C
Technologies
Holdings,
Inc
5,269
61,807
Steelcase,
Inc
(Class
A)
690
49,051
(a)
Stericycle,
Inc
2,193
12,139
(a),(b)
Sterling
Check
Corp
153
25,107
Tetra
Tech,
Inc
3,817
92,480
TransUnion
6,639
15,001
(a)
TriNet
Group,
Inc
1,747
19,072
(a)
TrueBlue,
Inc
280
10,054
TTEC
Holdings,
Inc
264
8,983
Unifirst
Corp
1,464
63,645
(a)
Upwork,
Inc
723
71,089
Verisk
Analytics,
Inc
16,794
63,620
(a)
Verra
Mobility
Corp
1,190
15,178
(a)
Viad
Corp
398
5,586
(b)
VSE
Corp
282
199,000
Waste
Management,
Inc
30,336
5,398
(a)
Willdan
Group,
Inc
110
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
332,419
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
5.1%
18,290
(a)
1-800-FLOWERS.COM,
Inc
(Class
A)
128
18,402
Aaron's
Co,
Inc
193
23,424
(a)
Abercrombie
&
Fitch
Co
(Class
A)
1,320
36,738
Academy
Sports
&
Outdoors,
Inc
1,737
31,209
Advance
Auto
Parts,
Inc
1,745
4,427,284
(a)
Amazon.com,
Inc
562,796
85,497
American
Eagle
Outfitters,
Inc
1,420
3,312
(a)
America's
Car-Mart,
Inc
301
65,041
Arko
Corp
465
10,565
(a)
Asbury
Automotive
Group,
Inc
2,431
12,767
(a)
Autonation,
Inc
1,933
8,985
(a)
Autozone,
Inc
22,822
101,629
Bath
&
Body
Works,
Inc
3,435
97,064
Best
Buy
Co,
Inc
6,743
11,361
(b)
Big
5
Sporting
Goods
Corp
80
15,681
(a)
Boot
Barn
Holdings,
Inc
1,273
14,004
Buckle,
Inc
468
7,271
Build-A-Bear
Workshop,
Inc
214
33,332
(a)
Burlington
Stores,
Inc
4,510
20,111
Caleres,
Inc
578
22,123
(b)
Camping
World
Holdings,
Inc
452
78,807
(a)
Carmax,
Inc
5,574
19,398
(a)
CarParts.com,
Inc
80
47,579
(a)
Carvana
Co
1,997
12,003
Cato
Corp
(Class
A)
92
66,517
(a)
Chico's
FAS,
Inc
498
9,723
(a),(b)
ContextLogic,
Inc
43
546,099
(a)
Coupang,
Inc
9,284
32,814
(b)
Designer
Brands,
Inc
415
30,615
(a)
Destination
XL
Group,
Inc
137
28,635
Dick's
Sporting
Goods,
Inc
3,109
1,003
(b)
Dillard's,
Inc
(Class
A)
332
203
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
7,236
(a)
Duluth
Holdings,
Inc
$
43
264,293
eBay,
Inc
11,653
61,188
(a)
Etsy,
Inc
3,952
34,837
(a),(b)
EVgo,
Inc
118
27,604
(a)
Five
Below,
Inc
4,441
55,907
(a)
Floor
&
Decor
Holdings,
Inc
5,060
33,391
(b)
Foot
Locker,
Inc
579
10,965
(a),(b)
Funko,
Inc
84
138,452
(a),(b)
GameStop
Corp
(Class
A)
2,279
81,317
Gap,
Inc
864
7,998
(a)
Genesco,
Inc
246
67,692
Genuine
Parts
Co
9,773
6,868
Group
1
Automotive,
Inc
1,845
29,518
(a)
GrowGeneration
Corp
86
21,962
(b)
Guess?,
Inc
475
9,098
Haverty
Furniture
Cos,
Inc
262
9,181
Hibbett
Sports,
Inc
436
496,849
Home
Depot,
Inc
150,128
65,995
(b)
Kohl's
Corp
1,383
9,431
(a),(b)
Lands'
End,
Inc
70
59,869
(a)
Leslie's,
Inc
339
13,553
Lithia
Motors,
Inc
(Class
A)
4,003
125,433
LKQ
Corp
6,210
288,686
Lowe's
Cos,
Inc
60,000
109,170
Macy's,
Inc
1,267
11,739
(a)
MarineMax,
Inc
385
18,107
Monro
Muffler,
Inc
503
8,996
Murphy
USA,
Inc
3,074
47,869
(a)
National
Vision
Holdings,
Inc
774
57,180
(b)
Nordstrom,
Inc
854
18,624
(a)
ODP
Corp
859
27,556
(a)
Ollie's
Bargain
Outlet
Holdings,
Inc
2,127
5,690
(a),(b)
OneWater
Marine,
Inc
146
29,731
(a)
O'Reilly
Automotive,
Inc
27,021
24,586
(a)
Overstock.com,
Inc
389
9,990
Penske
Auto
Group,
Inc
1,669
40,988
(a)
Petco
Health
&
Wellness
Co,
Inc
168
14,105
PetMed
Express,
Inc
145
18,519
Pool
Corp
6,595
27,217
Rent-A-Center,
Inc
802
19,596
(a),(b)
Revolve
Group,
Inc
267
7,732
(a)
RH
2,044
160,682
Ross
Stores,
Inc
18,149
7,776
(a)
Sally
Beauty
Holdings,
Inc
65
13,763
(a)
Savers
Value
Village,
Inc
257
4,712
Shoe
Carnival,
Inc
113
20,162
Signet
Jewelers
Ltd
1,448
13,058
(a)
Sleep
Number
Corp
321
11,945
Sonic
Automotive,
Inc
(Class
A)
570
19,952
(a),(b)
Sportsman's
Warehouse
Holdings,
Inc
90
32,244
(a)
Stitch
Fix,
Inc
111
30,109
(a),(b)
ThredUp,
Inc
121
6,790
(a),(b)
Tilly's,
Inc
55
566,257
TJX
Cos,
Inc
50,329
55,517
Tractor
Supply
Co
11,273
24,062
(a)
Ulta
Beauty,
Inc
9,612
31,536
(a)
Urban
Outfitters,
Inc
1,031
41,105
(a)
Victoria's
Secret
&
Co
686
42,783
(a)
Warby
Parker,
Inc
563
41,399
(a)
Wayfair,
Inc
2,508
32,140
(b)
Williams-Sonoma,
Inc
4,995
1,945
Winmark
Corp
726
CREF
Equity
Index
Account
September
30,
2023
204
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
11,661
(a)
Zumiez,
Inc
$
208
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
1,053,254
CONSUMER
DURABLES
&
APPAREL
-
1.1%
15,286
Acushnet
Holdings
Corp
811
48,382
(a)
Allbirds,
Inc
54
35,953
(a),(b)
AMMO,
Inc
73
21,459
(a)
Beazer
Homes
USA,
Inc
535
35,190
Brunswick
Corp
2,780
63,158
(a)
Callaway
Golf
Co
874
56,416
(a)
Capri
Holdings
Ltd
2,968
19,479
Carter's,
Inc
1,347
5,040
(a)
Cavco
Industries,
Inc
1,339
13,611
Century
Communities,
Inc
909
14,289
(b)
Clarus
Corp
108
14,763
Columbia
Sportswear
Co
1,094
23,677
(b)
Cricut,
Inc
220
31,668
(a)
Crocs,
Inc
2,794
13,051
(a)
Deckers
Outdoor
Corp
6,709
155,068
DR
Horton,
Inc
16,665
10,739
(a),(b)
Dream
Finders
Homes,
Inc
239
18,783
Ethan
Allen
Interiors,
Inc
562
74,771
(a)
Garmin
Ltd
7,866
24,084
(a)
G-III
Apparel
Group
Ltd
600
74,136
(a)
GoPro,
Inc
233
16,535
(a)
Green
Brick
Partners,
Inc
686
156,073
Hanesbrands,
Inc
618
67,084
Hasbro,
Inc
4,437
13,347
(a)
Helen
of
Troy
Ltd
1,556
5,483
(b)
Hooker
Furniture
Corp
107
2,792
(a)
Hovnanian
Enterprises,
Inc
284
13,822
Installed
Building
Products,
Inc
1,726
15,263
(a)
iRobot
Corp
578
3,583
Johnson
Outdoors,
Inc
196
36,885
KB
Home
1,707
30,075
Kontoor
Brands,
Inc
1,321
12,660
(a)
Latham
Group,
Inc
35
25,091
La-Z-Boy,
Inc
775
4,968
(a)
Legacy
Housing
Corp
96
73,033
Leggett
&
Platt,
Inc
1,856
119,847
Lennar
Corp
(Class
A)
13,450
6,837
Lennar
Corp
(Class
B)
699
12,635
(a)
LGI
Homes,
Inc
1,257
5,568
(a)
Lovesac
Co
111
53,703
(a)
Lululemon
Athletica,
Inc
20,708
13,163
(a)
M/I
Homes,
Inc
1,106
13,092
(a)
Malibu
Boats,
Inc
642
8,407
Marine
Products
Corp
119
13,690
(a)
MasterCraft
Boat
Holdings,
Inc
304
167,123
(a)
Mattel,
Inc
3,682
23,210
MDC
Holdings,
Inc
957
17,632
Meritage
Homes
Corp
2,158
28,443
(a)
Mohawk
Industries,
Inc
2,441
11,320
Movado
Group,
Inc
310
207,669
Newell
Rubbermaid,
Inc
1,875
586,462
Nike,
Inc
(Class
B)
56,077
1,436
(a)
NVR,
Inc
8,563
8,770
Oxford
Industries,
Inc
843
145,284
(a),(b)
Peloton
Interactive,
Inc
734
24,590
Polaris
Industries,
Inc
2,561
107,132
Pulte
Homes,
Inc
7,933
27,406
(b)
Purple
Innovation,
Inc
47
205
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
34,330
PVH
Corp
$
2,627
19,684
Ralph
Lauren
Corp
2,285
3,738
Rocky
Brands,
Inc
55
72,360
(a)
Skechers
U.S.A.,
Inc
(Class
A)
3,542
28,672
(a)
Skyline
Champion
Corp
1,827
29,016
Smith
&
Wesson
Brands,
Inc
375
67,337
(a)
Sonos,
Inc
869
44,766
Steven
Madden
Ltd
1,422
3,716
Sturm
Ruger
&
Co,
Inc
194
115,012
Tapestry,
Inc
3,307
44,029
(a)
Taylor
Morrison
Home
Corp
1,876
87,531
Tempur
Sealy
International,
Inc
3,794
46,691
Toll
Brothers,
Inc
3,453
15,774
(a)
TopBuild
Corp
3,969
12,158
(a)
Traeger,
Inc
33
47,835
(a)
Tri
Pointe
Homes,
Inc
1,308
84,878
(a)
Under
Armour,
Inc
(Class
A)
581
110,542
(a)
Under
Armour,
Inc
(Class
C)
705
180,319
VF
Corp
3,186
28,750
(a)
Vista
Outdoor,
Inc
952
34,786
(a),(b)
Vizio
Holding
Corp
188
32,024
(a),(b)
Vuzix
Corp
116
26,040
Whirlpool
Corp
3,482
48,726
Wolverine
World
Wide,
Inc
393
46,993
(a)
YETI
Holdings,
Inc
2,266
TOTAL
CONSUMER
DURABLES
&
APPAREL
234,140
CONSUMER
SERVICES
-
2.3%
25,118
(a)
Accel
Entertainment,
Inc
275
86,801
ADT,
Inc
521
22,794
(a)
Adtalem
Global
Education,
Inc
977
197,709
(a)
Airbnb,
Inc
27,128
108,444
Aramark
3,763
17,816
(a)
BALLY'S
CORP
234
769
(a),(b)
Biglari
Holdings,
Inc
(B
Shares)
128
15,173
(a)
BJ's
Restaurants,
Inc
356
44,145
Bloomin'
Brands,
Inc
1,086
8,897
(b)
Bluegreen
Vacations
Holding
Corp
326
18,254
(a)
Booking
Holdings,
Inc
56,294
19,931
(a),(b)
Bowlero
Corp
192
31,873
Boyd
Gaming
Corp
1,939
28,106
(a)
Bright
Horizons
Family
Solutions,
Inc
2,290
25,489
(a)
Brinker
International,
Inc
805
97,639
(a)
Caesars
Entertainment,
Inc
4,526
495,919
(a)
Carnival
Corp
6,804
11,838
Carriage
Services,
Inc
334
18,666
(a)
Carrols
Restaurant
Group,
Inc
123
6,080
(a),(b)
Cava
Group,
Inc
186
16,727
(a)
Century
Casinos,
Inc
86
23,639
Cheesecake
Factory
716
54,286
(a)
Chegg,
Inc
484
13,455
(a)
Chipotle
Mexican
Grill,
Inc
(Class
A)
24,647
13,984
(b)
Choice
Hotels
International,
Inc
1,713
32,858
Churchill
Downs,
Inc
3,813
12,474
(a)
Chuy's
Holdings,
Inc
444
57,806
(a)
Coursera,
Inc
1,080
12,944
(b)
Cracker
Barrel
Old
Country
Store,
Inc
870
58,405
Darden
Restaurants,
Inc
8,365
23,587
(a)
Dave
&
Buster's
Entertainment,
Inc
874
41,277
(a)
Denny's
Corp
350
7,772
Dine
Brands
Global
Inc.
384
17,125
Domino's
Pizza,
Inc
6,487
CREF
Equity
Index
Account
September
30,
2023
206
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
150,388
(a)
DoorDash,
Inc
$
11,951
208,489
(a)
DraftKings,
Inc
6,138
12,069
(a)
Duolingo,
Inc
2,002
14,501
El
Pollo
Loco
Holdings,
Inc
130
10,835
(a),(b)
European
Wax
Center,
Inc
176
45,885
(a)
Everi
Holdings,
Inc
607
71,540
(a)
Expedia
Group,
Inc
7,374
7,524
(a)
First
Watch
Restaurant
Group,
Inc
130
45,952
(a)
Frontdoor,
Inc
1,406
16,841
(a)
Full
House
Resorts,
Inc
72
16,169
(a),(b)
Global
Business
Travel
Group
I
89
7,389
Golden
Entertainment,
Inc
253
1,473
Graham
Holdings
Co
859
12,080
(a)
Grand
Canyon
Education,
Inc
1,412
70,456
H&R
Block,
Inc
3,034
34,161
(a)
Hilton
Grand
Vacations,
Inc
1,390
128,092
Hilton
Worldwide
Holdings,
Inc
19,237
24,452
Hyatt
Hotels
Corp
2,594
11,356
(a)
Inspired
Entertainment,
Inc
136
54,564
International
Game
Technology
plc
1,654
12,544
Jack
in
the
Box,
Inc
866
44,656
(b)
Krispy
Kreme,
Inc
557
2,885
(a),(b)
Kura
Sushi
USA,
Inc
191
167,139
Las
Vegas
Sands
Corp
7,662
62,559
Laureate
Education,
Inc
882
9,028
(a)
LIBERTY
MEDIA
CORP-LIBERTY-A
288
20,784
(a)
Life
Time
Group
Holdings,
Inc
316
10,890
(a),(b)
Lindblad
Expeditions
Holdings,
Inc
78
121,930
Marriott
International,
Inc
(Class
A)
23,967
13,041
Marriott
Vacations
Worldwide
Corp
1,312
356,789
McDonald's
Corp
93,992
149,684
MGM
Resorts
International
5,502
22,276
(a),(b)
Mister
Car
Wash,
Inc
123
7,140
Monarch
Casino
&
Resort,
Inc
443
22,451
(a),(b)
Mondee
Holdings,
Inc
80
1,387
(b)
Nathan's
Famous,
Inc
98
29,475
(a)
Nerdy,
Inc
109
8,091
(a)
Noodles
&
Co
20
204,209
(a)
Norwegian
Cruise
Line
Holdings
Ltd
3,365
29,338
(a)
OneSpaWorld
Holdings
Ltd
329
18,811
Papa
John's
International,
Inc
1,283
85,767
(a)
Penn
National
Gaming,
Inc
1,968
46,334
Perdoceo
Education
Corp
792
45,756
(a)
Planet
Fitness,
Inc
2,250
18,591
(a)
PlayAGS,
Inc
121
12,559
(a)
Portillo's,
Inc
193
13,091
(a)
Potbelly
Corp
102
6,547
RCI
Hospitality
Holdings,
Inc
397
8,020
(a),(b)
Red
Robin
Gourmet
Burgers,
Inc
64
26,499
Red
Rock
Resorts,
Inc
1,086
47,538
(a),(b)
Rover
Group,
Inc
298
116,622
(a)
Royal
Caribbean
Cruises
Ltd
10,746
28,549
(a)
Rush
Street
Interactive,
Inc
132
186,641
(a)
Sabre
Corp
838
45,102
(a)
Scientific
Games
Corp
(Class
A)
3,217
22,953
(a)
SeaWorld
Entertainment,
Inc
1,062
70,217
Service
Corp
International
4,012
20,425
(a)
Shake
Shack,
Inc
1,186
42,367
(a)
Six
Flags
Entertainment
Corp
996
555,342
Starbucks
Corp
50,686
11,328
Strategic
Education,
Inc
852
13,194
(a)
Stride,
Inc
594
207
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
67,428
(a)
Super
Group
SGHC
Ltd
$
249
44,740
(a)
Sweetgreen,
Inc
526
21,327
(a),(b)
Target
Hospitality
Corp
339
35,053
Texas
Roadhouse,
Inc
(Class
A)
3,369
29,960
Travel
&
Leisure
Co
1,100
36,983
(a),(b)
Udemy,
Inc
351
16,593
(a)
Universal
Technical
Institute,
Inc
139
20,017
Vail
Resorts,
Inc
4,442
75,359
Wendy's
Co
1,538
16,288
Wingstop,
Inc
2,929
26,120
(a)
WW
International,
Inc
289
45,815
Wyndham
Hotels
&
Resorts,
Inc
3,186
52,771
Wynn
Resorts
Ltd
4,877
8,699
(a)
Xponential
Fitness,
Inc
135
135,444
Yum!
Brands,
Inc
16,922
TOTAL
CONSUMER
SERVICES
482,690
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
1.7%
177,508
Albertsons
Cos,
Inc
4,038
19,849
Andersons,
Inc
1,022
68,459
(a)
BJ's
Wholesale
Club
Holdings,
Inc
4,886
18,360
Casey's
General
Stores,
Inc
4,985
14,374
(a)
Chefs'
Warehouse,
Inc
304
217,177
Costco
Wholesale
Corp
122,696
109,187
Dollar
General
Corp
11,552
102,577
(a)
Dollar
Tree,
Inc
10,919
47,990
(a)
Grocery
Outlet
Holding
Corp
1,385
21,180
(a)
HF
Foods
Group,
Inc
84
7,244
Ingles
Markets,
Inc
(Class
A)
546
319,100
Kroger
Co
14,280
6,410
Natural
Grocers
by
Vitamin
Cottage,
Inc
83
71,529
(a)
Performance
Food
Group
Co
4,210
14,866
Pricesmart,
Inc
1,106
7,101
SpartanNash
Co
156
46,984
(a)
Sprouts
Farmers
Market,
Inc
2,011
255,327
Sysco
Corp
16,864
229,289
Target
Corp
25,353
30,449
(a)
United
Natural
Foods,
Inc
431
108,028
(a)
US
Foods
Holding
Corp
4,289
4,843
Village
Super
Market
(Class
A)
110
352,175
Walgreens
Boots
Alliance,
Inc
7,832
703,614
Walmart,
Inc
112,529
8,426
(b)
Weis
Markets,
Inc
531
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
352,202
ENERGY
-
4.8%
18,289
(a)
Amplify
Energy
Corp
134
183,627
Antero
Midstream
Corp
2,200
142,450
(a)
Antero
Resources
Corp
3,615
164,451
APA
Corp
6,759
7,811
Arch
Resources,
Inc
1,333
30,298
Archrock,
Inc
382
17,877
Ardmore
Shipping
Corp
233
7,867
(b)
Atlas
Energy
Solutions,
Inc
175
504,749
Baker
Hughes
Co
17,828
36,376
Berry
Corp
298
88,444
(a)
Borr
Drilling
Ltd
628
4,788
(a)
Bristow
Group,
Inc
135
366,836
Cabot
Oil
&
Gas
Corp
9,923
29,784
Cactus,
Inc
1,495
30,263
California
Resources
Corp
1,695
21,769
(a)
Callon
Petroleum
Co
852
CREF
Equity
Index
Account
September
30,
2023
208
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
5,171
(a)
Centrus
Energy
Corp
$
293
110,556
ChampionX
Corp
3,938
116,546
Cheniere
Energy,
Inc
19,342
63,038
Chesapeake
Energy
Corp
5,436
869,840
Chevron
Corp
146,672
18,920
Chord
Energy
Corp
3,066
37,806
(b)
Civitas
Resources,
Inc
3,057
75,896
(a)
Clean
Energy
Fuels
Corp
291
51,225
(a)
CNX
Resources
Corp
1,157
7,387
(b)
Comstock
Resources,
Inc
81
596,591
ConocoPhillips
71,472
16,946
CONSOL
Energy,
Inc
1,778
23,258
Core
Laboratories,
Inc
558
10,678
Crescent
Energy
Co
135
11,149
(b)
CVR
Energy,
Inc
379
27,497
Delek
US
Holdings,
Inc
781
20,324
(a)
Denbury,
Inc
1,992
319,329
Devon
Energy
Corp
15,232
55,111
DHT
Holdings,
Inc
568
51,211
(a)
Diamond
Offshore
Drilling,
Inc
752
88,232
Diamondback
Energy,
Inc
13,665
9,586
(a)
DMC
Global,
Inc
235
19,179
Dorian
LPG
Ltd
551
19,159
(a)
Dril-Quip,
Inc
540
48,260
DT
Midstream,
Inc
2,554
7,121
(a)
Earthstone
Energy,
Inc
144
70,957
(a)
Encore
Energy
Corp
231
56,201
(a),(b)
Energy
Fuels,
Inc
462
16,485
(b)
Enviva,
Inc
123
290,269
EOG
Resources,
Inc
36,794
179,575
EQT
Corp
7,287
223,182
Equitrans
Midstream
Corp
2,091
15,511
Evolution
Petroleum
Corp
106
9,511
(b)
Excelerate
Energy,
Inc
162
39,745
(a)
Expro
Group
Holdings
NV
923
1,969,947
Exxon
Mobil
Corp
231,626
14,619
(b)
FLEX
LNG
Ltd
441
5,005
(a)
Forum
Energy
Technologies,
Inc
120
106,507
(a),(b)
Gevo,
Inc
127
42,501
Golar
LNG
Ltd
1,031
26,945
(a)
Green
Plains,
Inc
811
6,101
(a)
Gulfport
Energy
Operating
Corp
724
11,237
(a),(b)
Hallador
Energy
Co
162
447,624
Halliburton
Co
18,129
100,808
(a)
Helix
Energy
Solutions
Group,
Inc
1,126
52,744
Helmerich
&
Payne,
Inc
2,224
138,535
Hess
Corp
21,196
74,422
HF
Sinclair
Corp
4,237
16,438
International
Seaways,
Inc
740
951,218
Kinder
Morgan,
Inc
15,771
8,490
(b)
Kinetik
Holdings,
Inc
287
234,852
(a)
Kosmos
Energy
Ltd
1,921
47,915
Liberty
Energy,
Inc
887
85,538
Magnolia
Oil
&
Gas
Corp
1,960
296,202
Marathon
Oil
Corp
7,923
208,761
Marathon
Petroleum
Corp
31,594
61,756
Matador
Resources
Co
3,673
75,569
Murphy
Oil
Corp
3,427
4,194
(a)
Nabors
Industries
Ltd
516
24,850
(b)
New
Fortress
Energy,
Inc
815
63,344
(a)
Newpark
Resources,
Inc
438
15,430
(a),(b)
NextDecade
Corp
79
209
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
55,205
Noble
Corp
plc
$
2,796
68,002
Nordic
American
Tankers
Ltd
280
26,098
Northern
Oil
and
Gas,
Inc
1,050
214,007
NOV,
Inc
4,473
347,704
Occidental
Petroleum
Corp
22,559
54,360
(a)
Oceaneering
International,
Inc
1,398
38,178
(a)
Oil
States
International,
Inc
320
219,998
ONEOK,
Inc
13,954
28,818
(a)
Overseas
Shipholding
Group,
Inc
126
115,301
Ovintiv,
Inc
5,485
23,180
(a)
Par
Pacific
Holdings,
Inc
833
159,529
Patterson-UTI
Energy,
Inc
2,208
59,487
PBF
Energy,
Inc
3,184
60,358
Peabody
Energy
Corp
1,569
98,820
Permian
Resources
Corp
1,380
226,880
Phillips
66
27,260
116,018
Pioneer
Natural
Resources
Co
26,632
11,921
(a),(b)
ProFrac
Holding
Corp
130
48,018
(a)
ProPetro
Holding
Corp
510
112,319
Range
Resources
Corp
3,640
51,530
Ranger
Energy
Services,
Inc
731
12,558
(a)
Rex
American
Resources
Corp
511
4,815
(b)
Riley
Exploration
Permian,
Inc
153
44,313
(a),(b)
Ring
Energy,
Inc
86
42,512
RPC,
Inc
380
16,291
SandRidge
Energy,
Inc
255
700,698
Schlumberger
Ltd
40,851
18,385
Scorpio
Tankers,
Inc
995
12,227
(a),(b)
SEACOR
Marine
Holdings,
Inc
170
24,929
(a)
Seadrill
Ltd
1,117
6,869
Select
Water
Solutions,
Inc
55
45,041
SFL
Corp
Ltd
502
6,017
(a),(b)
SilverBow
Resources,
Inc
215
33,204
Sitio
Royalties
Corp
804
63,633
SM
Energy
Co
2,523
6,855
Solaris
Oilfield
Infrastructure,
Inc
73
541,965
(a)
Southwestern
Energy
Co
3,496
55,355
(a)
Talos
Energy,
Inc
910
114,858
Targa
Resources
Corp
9,846
218,592
TechnipFMC
plc
4,446
35,750
(a)
Teekay
Corp
221
11,719
Teekay
Tankers
Ltd
488
763,744
(a),(b)
Tellurian,
Inc
886
66,939
(a)
Tetra
Technologies,
Inc
427
2,915
Texas
Pacific
Land
Corp
5,316
25,843
(a)
Tidewater,
Inc
1,837
225,817
(a),(b)
Uranium
Energy
Corp
1,163
37,988
(a)
US
Silica
Holdings,
Inc
533
29,976
Vaalco
Energy,
Inc
132
31,352
(a)
Valaris
Ltd
2,351
173,302
Valero
Energy
Corp
24,559
27,727
(a),(b)
Vertex
Energy,
Inc
123
6,863
(a)
Vital
Energy,
Inc
380
13,021
Vitesse
Energy,
Inc
298
14,396
(a)
W&T
Offshore,
Inc
63
36,238
(a)
Weatherford
International
plc
3,273
592,514
Williams
Cos,
Inc
19,962
29,960
World
Fuel
Services
Corp
672
TOTAL
ENERGY
993,108
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
0.2%
1,329
Alexander's,
Inc
242
CREF
Equity
Index
Account
September
30,
2023
210
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
6,783
Alpine
Income
Property
Trust,
Inc
$
111
73,193
(a)
Apartment
Investment
and
Management
Co
498
92,621
Brandywine
Realty
Trust
421
6,068
BRT
Apartments
Corp
105
9,060
Centerspace
546
21,833
City
Office
REIT,
Inc
93
10,462
Clipper
Realty,
Inc
54
61,652
Corporate
Office
Properties
Trust
1,469
11,994
(b)
CTO
Realty
Growth,
Inc
194
136,618
(b)
Diversified
Healthcare
Trust
265
46,730
(b)
Easterly
Government
Properties,
Inc
534
82,308
Empire
State
Realty
Trust,
Inc
662
43,426
Equity
Commonwealth
798
19,962
(b)
Farmland
Partners,
Inc
205
18,198
Getty
Realty
Corp
505
11,325
(b)
Gladstone
Land
Corp
161
30,930
Global
Medical
REIT,
Inc
277
90,865
Global
Net
Lease,
Inc
873
46,362
Highwoods
Properties,
Inc
956
34,736
InvenTrust
Properties
Corp
827
64,898
(b)
JBG
SMITH
Properties
938
19,960
LTC
Properties,
Inc
641
9,876
National
Health
Investors,
Inc
507
15,030
(b)
NexPoint
Diversified
Real
Estate
Trust
131
12,730
(b)
NexPoint
Residential
Trust,
Inc
410
23,677
Office
Properties
Income
Trust
97
9,166
One
Liberty
Properties,
Inc
173
29,999
Orion
Office
REIT,
Inc
156
76,197
Outfront
Media,
Inc
770
101,864
Paramount
Group,
Inc
471
14,178
(b)
Peakstone
Realty
Trust
236
71,223
(b)
Pebblebrook
Hotel
Trust
968
59,852
(b)
Phillips
Edison
&
Co,
Inc
2,007
107,460
Physicians
Realty
Trust
1,310
9,072
(b)
Postal
Realty
Trust,
Inc
122
63,462
Retail
Opportunity
Investments
Corp
786
6,451
(b)
Saul
Centers,
Inc
228
162,250
UDR,
Inc
5,787
121,658
Uniti
Group,
Inc
574
2,401
Universal
Health
Realty
Income
Trust
97
70,770
Urban
Edge
Properties
1,080
25,132
Whitestone
REIT
242
95,747
WP
Carey,
Inc
5,178
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
32,705
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
2.5%
46,252
Acadia
Realty
Trust
664
45,529
Agree
Realty
Corp
2,515
47,563
Alexander
&
Baldwin,
Inc
796
83,569
Alexandria
Real
Estate
Equities,
Inc
8,365
28,646
American
Assets
Trust,
Inc
557
165,609
American
Homes
4
Rent
5,579
229,892
American
Tower
Corp
37,806
133,721
Americold
Realty
Trust,
Inc
4,066
74,495
Apartment
Income
REIT
Corp
2,287
106,401
Apple
Hospitality
REIT,
Inc
1,632
31,681
Armada
Hoffler
Properties,
Inc
324
69,587
AvalonBay
Communities,
Inc
11,951
81,787
Boston
Properties,
Inc
4,865
35,081
Braemar
Hotels
&
Resorts,
Inc
97
132,744
Brixmor
Property
Group,
Inc
2,758
77,650
Broadstone
Net
Lease,
Inc
1,110
211
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
52,715
Camden
Property
Trust
$
4,986
50,740
CareTrust
REIT,
Inc
1,040
13,650
CBL
&
Associates
Properties,
Inc
286
28,285
Chatham
Lodging
Trust
271
9,586
Community
Healthcare
Trust,
Inc
285
84,914
Cousins
Properties,
Inc
1,730
218,330
Crown
Castle,
Inc
20,093
110,271
CubeSmart
4,205
114,160
DiamondRock
Hospitality
Co
917
146,702
Digital
Realty
Trust,
Inc
17,754
91,371
(b)
Douglas
Emmett,
Inc
1,166
21,698
EastGroup
Properties,
Inc
3,613
36,844
EPR
Properties
1,531
46,203
Equinix,
Inc
33,555
91,603
Equity
Lifestyle
Properties,
Inc
5,836
180,687
Equity
Residential
10,608
63,885
Essential
Properties
Realty
Trust,
Inc
1,382
31,793
Essex
Property
Trust,
Inc
6,743
104,107
Extra
Space
Storage,
Inc
12,657
39,750
Federal
Realty
Investment
Trust
3,603
67,202
First
Industrial
Realty
Trust,
Inc
3,198
41,086
Four
Corners
Property
Trust,
Inc
912
119,848
Gaming
and
Leisure
Properties,
Inc
5,459
17,811
(b)
Gladstone
Commercial
Corp
217
202,313
Healthcare
Realty
Trust,
Inc
3,089
279,927
Healthpeak
Properties,
Inc
5,139
27,708
Hersha
Hospitality
Trust
273
327,100
Host
Marriott
Corp
5,257
16,878
(a)
Howard
Hughes
Holdings,
Inc
1,251
80,595
Hudson
Pacific
Properties,
Inc
536
115,925
Independence
Realty
Trust,
Inc
1,631
12,344
Innovative
Industrial
Properties,
Inc
934
307,088
Invitation
Homes,
Inc
9,732
135,732
Iron
Mountain,
Inc
8,069
63,758
Kilroy
Realty
Corp
2,015
300,353
Kimco
Realty
Corp
5,283
118,460
Kite
Realty
Group
Trust
2,537
37,540
Lamar
Advertising
Co
3,133
144,484
Lexington
Realty
Trust
1,286
107,859
Macerich
Co
1,177
47,939
Mack-Cali
Realty
Corp
791
283,531
(b)
Medical
Properties
Trust,
Inc
1,545
56,954
Mid-America
Apartment
Communities,
Inc
7,327
83,905
National
Retail
Properties,
Inc
2,965
38,309
National
Storage
Affiliates
Trust
1,216
21,654
NETSTREIT
Corp
337
108,572
Omega
Healthcare
Investors,
Inc
3,600
84,337
Park
Hotels
&
Resorts,
Inc
1,039
36,714
Piedmont
Office
Realty
Trust,
Inc
206
13,733
Plymouth
Industrial
REIT,
Inc
288
40,727
PotlatchDeltic
Corp
1,849
450,936
Prologis,
Inc
50,600
78,080
Public
Storage,
Inc
20,576
75,814
Rayonier,
Inc
2,158
329,347
Realty
Income
Corp
16,448
91,859
Regency
Centers
Corp
5,460
98,830
Rexford
Industrial
Realty,
Inc
4,877
92,471
RLJ
Lodging
Trust
905
57,913
RPT
Realty
612
28,461
Ryman
Hospitality
Properties,
Inc
2,370
116,469
Sabra
Health
Care
REIT,
Inc
1,624
16,656
Safehold,
Inc
296
CREF
Equity
Index
Account
September
30,
2023
212
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
52,759
SBA
Communications
Corp
$
10,561
19,689
Service
Properties
Trust
151
158,988
Simon
Property
Group,
Inc
17,175
103,764
SITE
Centers
Corp
1,279
38,202
(b)
SL
Green
Realty
Corp
1,425
62,949
Spirit
Realty
Capital,
Inc
2,111
84,224
STAG
Industrial,
Inc
2,907
73,018
Summit
Hotel
Properties,
Inc
424
60,721
Sun
Communities,
Inc
7,186
117,301
Sunstone
Hotel
Investors,
Inc
1,097
54,135
Tanger
Factory
Outlet
Centers,
Inc
1,223
35,329
Terreno
Realty
Corp
2,007
20,169
UMH
Properties,
Inc
283
205,950
Ventas,
Inc
8,677
487,538
VICI
Properties,
Inc
14,187
96,380
Vornado
Realty
Trust
2,186
46,196
Washington
REIT
630
247,635
(c)
Welltower,
Inc
20,286
348,827
Weyerhaeuser
Co
10,695
62,184
Xenia
Hotels
&
Resorts,
Inc
733
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
511,073
FINANCIAL
SERVICES
-
7.7%
8,101
(b)
AFC
Gamma,
Inc
95
17,614
Affiliated
Managers
Group,
Inc
2,296
110,488
(a),(b)
Affirm
Holdings,
Inc
2,350
247,438
(b)
AGNC
Investment
Corp
2,336
8,948
Alerus
Financial
Corp
163
148,401
Ally
Financial,
Inc
3,959
9,522
A-Mark
Precious
Metals,
Inc
279
287,901
American
Express
Co
42,952
50,400
Ameriprise
Financial,
Inc
16,616
239,553
Annaly
Capital
Management,
Inc
4,506
68,911
Apollo
Commercial
Real
Estate
Finance,
Inc
698
251,930
Apollo
Global
Management,
Inc
22,613
61,262
(b)
Arbor
Realty
Trust,
Inc
930
22,112
(b)
Ares
Commercial
Real
Estate
Corp
211
78,238
Ares
Management
Corp
8,048
26,163
(b)
ARMOUR
Residential
REIT,
Inc
111
32,135
Artisan
Partners
Asset
Management,
Inc
1,202
8,796
(a)
AssetMark
Financial
Holdings,
Inc
221
2,420
(a)
Atlanticus
Holdings
Corp
73
30,473
(a)
Avantax,
Inc
780
75,147
(a)
AvidXchange
Holdings,
Inc
712
10,240
(b)
B
Riley
Financial,
Inc
420
2,262
Banco
Latinoamericano
de
Exportaciones
S.A.
(Class
E)
48
378,094
Bank
of
New
York
Mellon
Corp
16,126
898,702
(a)
Berkshire
Hathaway,
Inc
314,815
166,153
BGC
Group,
Inc
877
73,367
BlackRock,
Inc
47,431
87,301
(b)
Blackstone
Mortgage
Trust,
Inc
1,899
347,426
Blackstone,
Inc
37,223
267,045
(a)
Block,
Inc
11,819
207,831
Blue
Owl
Capital,
Inc
2,693
27,328
Bread
Financial
Holdings,
Inc
935
23,450
Brightsphere
Investment
Group,
Inc
455
46,061
BrightSpire
Capital,
Inc
288
48,331
(a)
Cannae
Holdings,
Inc
901
31,787
(a)
Cantaloupe,
Inc
199
188,945
Capital
One
Financial
Corp
18,337
106,775
Carlyle
Group,
Inc
3,220
10,596
Cass
Information
Systems,
Inc
395
213
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
49,547
Cboe
Global
Markets,
Inc
$
7,740
728,312
Charles
Schwab
Corp
39,984
7,850
(b)
Chicago
Atlantic
Real
Estate
Finance,
Inc
116
121,929
Chimera
Investment
Corp
666
47,158
Claros
Mortgage
Trust,
Inc
523
175,714
CME
Group,
Inc
35,181
15,440
Cohen
&
Steers,
Inc
968
79,947
(a)
Coinbase
Global,
Inc
6,002
31,056
(b)
Compass
Diversified
Trust
583
73,412
Corebridge
Financial,
Inc
1,450
3,577
(a),(b)
Credit
Acceptance
Corp
1,646
2,179
Diamond
Hill
Investment
Group,
Inc
367
120,676
Discover
Financial
Services
10,454
19,156
(a)
Donnelley
Financial
Solutions,
Inc
1,078
11,107
Dynex
Capital,
Inc
133
17,423
(b)
Ellington
Financial,
Inc
217
15,393
Enact
Holdings,
Inc
419
10,179
(a)
Encore
Capital
Group,
Inc
486
14,291
(a)
Enova
International,
Inc
727
175,999
Equitable
Holdings,
Inc
4,997
51,962
Essent
Group
Ltd
2,457
22,022
(a)
Euronet
Worldwide,
Inc
1,748
18,622
Evercore
Partners,
Inc
(Class
A)
2,568
31,074
EVERTEC,
Inc
1,155
18,222
Factset
Research
Systems,
Inc
7,968
4,507
Federal
Agricultural
Mortgage
Corp
(FAMC)
695
295,001
Fidelity
National
Information
Services,
Inc
16,305
17,545
FirstCash
Holdings,
Inc
1,761
301,368
(a)
Fiserv,
Inc
34,043
33,596
(a)
FleetCor
Technologies,
Inc
8,578
47,493
(a)
Flywire
Corp
1,515
55,325
(a),(b)
Forge
Global
Holdings,
Inc
112
23,368
Franklin
BSP
Realty
Trust,
Inc
309
145,793
Franklin
Resources,
Inc
3,584
23,172
(b)
GCM
Grosvenor,
Inc
180
125,247
Global
Payments,
Inc
14,452
158,734
Goldman
Sachs
Group,
Inc
51,362
31,227
Granite
Point
Mortgage
Trust,
Inc
152
33,057
(a)
Green
Dot
Corp
460
18,233
Hamilton
Lane,
Inc
1,649
41,845
(b)
Hannon
Armstrong
Sustainable
Infrastructure
Capital,
Inc
887
25,893
Houlihan
Lokey,
Inc
2,774
9,245
(a)
I3
Verticals,
Inc
195
49,742
Interactive
Brokers
Group,
Inc
(Class
A)
4,306
278,274
Intercontinental
Exchange,
Inc
30,616
13,645
(a)
International
Money
Express,
Inc
231
183,237
Invesco
Ltd
2,661
10,073
(b)
Invesco
Mortgage
Capital,
Inc
101
37,546
Jack
Henry
&
Associates,
Inc
5,675
38,721
Jackson
Financial,
Inc
1,480
66,557
Janus
Henderson
Group
plc
1,719
88,592
Jefferies
Financial
Group,
Inc
3,245
311,527
KKR
&
Co,
Inc
19,190
17,625
KKR
Real
Estate
Finance
Trust,
Inc
209
49,932
Ladder
Capital
Corp
512
54,468
Lazard
Ltd
(Class
A)
1,689
42,896
(a)
LendingClub
Corp
262
6,343
(a)
LendingTree,
Inc
98
38,862
LPL
Financial
Holdings,
Inc
9,236
18,723
MarketAxess
Holdings,
Inc
4,000
222,577
(a)
Marqeta,
Inc
1,331
411,357
Mastercard,
Inc
(Class
A)
162,860
CREF
Equity
Index
Account
September
30,
2023
214
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
8,062
Merchants
Bancorp
$
223
46,018
MFA
Financial,
Inc
442
136,986
MGIC
Investment
Corp
2,286
33,380
Moelis
&
Co
1,506
77,704
Moody's
Corp
24,568
591,542
Morgan
Stanley
48,311
12,847
Morningstar,
Inc
3,009
37,224
(a)
Mr
Cooper
Group,
Inc
1,994
38,535
MSCI,
Inc
(Class
A)
19,772
173,507
Nasdaq
Stock
Market,
Inc
8,431
35,663
Navient
Corp
614
3,424
Nelnet,
Inc
(Class
A)
306
13,129
(a),(b)
NerdWallet,
Inc
117
18,284
New
York
Mortgage
Trust,
Inc
155
11,601
(b)
NewtekOne,
Inc
171
38,864
(a)
NMI
Holdings,
Inc
1,053
102,028
Northern
Trust
Corp
7,089
3,281
(a)
Ocwen
Financial
Corp
85
52,599
OneMain
Holdings,
Inc
2,109
56,898
(a)
Open
Lending
Corp
417
4,738
(b)
Orchid
Island
Capital,
Inc
40
21,454
P10,
Inc
250
98,142
(a)
Pagseguro
Digital
Ltd
845
26,821
Patria
Investments
Ltd
391
110,964
(a)
Payoneer
Global,
Inc
679
549,339
(a)
PayPal
Holdings,
Inc
32,114
18,818
(a)
Paysafe
Ltd
226
9,684
PennyMac
Financial
Services,
Inc
645
47,765
(b)
PennyMac
Mortgage
Investment
Trust
592
23,862
Perella
Weinberg
Partners
243
10,272
Piper
Jaffray
Cos
1,493
13,025
(b)
PJT
Partners,
Inc
1,035
24,781
(a)
PRA
Group,
Inc
476
17,833
(a)
PROG
Holdings,
Inc
592
73,149
Radian
Group,
Inc
1,837
95,906
Raymond
James
Financial,
Inc
9,632
79,027
(b)
Ready
Capital
Corp
799
49,700
(b)
Redwood
Trust,
Inc
354
8,577
Regional
Management
Corp
237
68,799
(a)
Remitly
Global,
Inc
1,735
42,004
(a)
Repay
Holdings
Corp
319
175,369
Rithm
Capital
Corp
1,629
330,896
(a)
Robinhood
Markets,
Inc
3,246
74,318
(a),(b)
Rocket
Cos,
Inc
608
156,669
S&P
Global,
Inc
57,248
10,879
Sculptor
Capital
Management,
Inc
126
50,003
SEI
Investments
Co
3,012
23,585
(a)
Shift4
Payments,
Inc
1,306
4,705
Silvercrest
Asset
Management
Group,
Inc
75
126,744
SLM
Corp
1,726
457,564
(a),(b)
SoFi
Technologies,
Inc
3,656
5,909
(a),(b)
Star
Holdings
74
137,605
(b)
Starwood
Property
Trust,
Inc
2,663
156,571
State
Street
Corp
10,484
20,369
StepStone
Group,
Inc
643
56,036
Stifel
Financial
Corp
3,443
120,616
(a)
StoneCo
Ltd
1,287
11,369
(a)
StoneX
Group,
Inc
1,102
204,642
Synchrony
Financial
6,256
107,019
T
Rowe
Price
Group,
Inc
11,223
34,383
TFS
Financial
Corp
406
176,704
(a)
Toast,
Inc
3,310
215
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
32,761
TPG
RE
Finance
Trust,
Inc
$
220
31,933
(b)
TPG,
Inc
962
52,338
Tradeweb
Markets,
Inc
4,198
37,367
Two
Harbors
Investment
Corp
495
37,848
(a),(b)
Upstart
Holdings,
Inc
1,080
23,393
(b)
UWM
Holdings
Corp
113
8,459
Victory
Capital
Holdings,
Inc
282
51,259
Virtu
Financial,
Inc
885
2,751
Virtus
Investment
Partners,
Inc
556
794,808
Visa,
Inc
(Class
A)
182,814
48,558
Voya
Financial,
Inc
3,227
12,277
Walker
&
Dunlop,
Inc
911
19,189
Waterstone
Financial,
Inc
210
198,450
Western
Union
Co
2,616
20,819
(a)
WEX,
Inc
3,916
84,317
(b)
WisdomTree,
Inc
590
2,399
(a),(b)
World
Acceptance
Corp
305
165,480
XP,
Inc
3,814
TOTAL
FINANCIAL
SERVICES
1,585,208
FOOD,
BEVERAGE
&
TOBACCO
-
2.9%
3,213
Alico,
Inc
80
875,825
Altria
Group,
Inc
36,828
264,579
Archer-Daniels-Midland
Co
19,955
34,958
(b)
B&G
Foods,
Inc
(Class
A)
346
87,744
(a),(b)
Benson
Hill,
Inc
29
31,483
(a),(b)
Beyond
Meat,
Inc
303
5,121
(a)
Boston
Beer
Co,
Inc
(Class
A)
1,995
13,162
(a),(b)
BRC,
Inc
47
25,010
Brown-Forman
Corp
(Class
A)
1,453
91,961
Brown-Forman
Corp
(Class
B)
5,305
70,268
Bunge
Ltd
7,607
11,455
Calavo
Growers,
Inc
289
22,629
Cal-Maine
Foods,
Inc
1,096
94,499
Campbell
Soup
Co
3,882
25,258
(a)
Celsius
Holdings,
Inc
4,334
1,907,170
Coca-Cola
Co
106,763
2,566
Coca-Cola
Consolidated
Inc
1,633
225,066
ConAgra
Brands,
Inc
6,171
78,361
Constellation
Brands,
Inc
(Class
A)
19,694
81,644
(a)
Darling
International,
Inc
4,262
35,454
(b)
Dole
plc
411
11,007
(a)
Duckhorn
Portfolio,
Inc
113
85,884
Flowers
Foods,
Inc
1,905
20,613
Fresh
Del
Monte
Produce,
Inc
533
23,047
(a)
Freshpet,
Inc
1,518
290,625
General
Mills,
Inc
18,597
46,022
(a)
Hain
Celestial
Group,
Inc
477
72,018
Hershey
Co
14,409
143,109
Hormel
Foods
Corp
5,442
71,472
(a)
Hostess
Brands,
Inc
2,381
32,682
Ingredion,
Inc
3,216
8,046
J&J
Snack
Foods
Corp
1,317
51,061
J.M.
Smucker
Co
6,276
5,780
John
B
Sanfilippo
&
Son,
Inc
571
118,743
Kellogg
Co
7,066
474,896
Keurig
Dr
Pepper,
Inc
14,992
381,992
Kraft
Heinz
Co
12,850
66,946
Lamb
Weston
Holdings,
Inc
6,190
10,268
Lancaster
Colony
Corp
1,695
8,891
(b)
Limoneira
Co
136
123,083
McCormick
&
Co,
Inc
9,310
CREF
Equity
Index
Account
September
30,
2023
216
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
9,193
MGP
Ingredients,
Inc
$
970
20,226
(a)
Mission
Produce,
Inc
196
90,373
Molson
Coors
Brewing
Co
(Class
B)
5,747
668,920
Mondelez
International,
Inc
46,423
359,383
(a)
Monster
Beverage
Corp
19,029
12,819
(a)
National
Beverage
Corp
603
676,602
PepsiCo,
Inc
114,643
763,589
Philip
Morris
International,
Inc
70,693
24,393
(a)
Pilgrim's
Pride
Corp
557
27,833
(a)
Post
Holdings,
Inc
2,386
92,946
Primo
Water
Corp
1,283
127
Seaboard
Corp
477
5,451
(a)
Seneca
Foods
Corp
293
46,457
(a)
Simply
Good
Foods
Co
1,604
14,597
(a)
Sovos
Brands,
Inc
329
50,062
(a)
SunOpta,
Inc
169
29,630
(a)
TreeHouse
Foods,
Inc
1,291
4,760
Turning
Point
Brands,
Inc
110
140,077
Tyson
Foods,
Inc
(Class
A)
7,073
11,870
Universal
Corp
560
32,173
(b)
Utz
Brands,
Inc
432
78,380
Vector
Group
Ltd
834
14,289
(a)
Vita
Coco
Co,
Inc
372
13,394
(a)
Vital
Farms,
Inc
155
14,287
(a),(b)
Westrock
Coffee
Co
127
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
607,833
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
5.4%
88,085
(a),(b)
23andMe
Holding
Co
86
850,713
Abbott
Laboratories
82,392
48,576
(a)
Acadia
Healthcare
Co,
Inc
3,415
27,471
(a)
Accolade,
Inc
291
46,624
(a),(b)
Accuray,
Inc
127
42,027
(a)
AdaptHealth
Corp
382
8,397
(a)
Addus
HomeCare
Corp
715
12,333
(a)
Agiliti,
Inc
80
137,773
(a),(b)
agilon
health,
Inc
2,447
38,052
(a)
Align
Technology,
Inc
11,618
14,356
(a)
Alignment
Healthcare,
Inc
100
51,829
(a)
Allscripts
Healthcare
Solutions,
Inc
681
31,277
(a)
Alphatec
Holdings,
Inc
406
17,538
(a)
Amedisys,
Inc
1,638
106,234
(a)
American
Well
Corp
124
79,426
AmerisourceBergen
Corp
14,294
20,081
(a)
AMN
Healthcare
Services,
Inc
1,710
26,107
(a)
Angiodynamics,
Inc
191
16,786
(a),(b)
Apollo
Medical
Holdings,
Inc
518
22,609
(a)
AtriCure,
Inc
990
1,019
Atrion
Corp
421
26,266
(a)
Avanos
Medical,
Inc
531
21,058
(a),(b)
Aveanna
Healthcare
Holdings,
Inc
25
18,090
(a)
Axogen,
Inc
90
22,714
(a)
Axonics,
Inc
1,275
252,024
Baxter
International,
Inc
9,511
138,929
Becton
Dickinson
&
Co
35,917
703,143
(a)
Boston
Scientific
Corp
37,126
100,981
(a)
Brookdale
Senior
Living,
Inc
418
98,379
(a),(b)
Butterfly
Network,
Inc
116
126,195
Cardinal
Health,
Inc
10,956
11,625
(a)
Castle
Biosciences,
Inc
196
267,251
(a)
Centene
Corp
18,408
50,223
(a)
Certara,
Inc
730
217
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
71,510
(a)
Cerus
Corp
$
116
6,630
Chemed
Corp
3,446
145,607
Cigna
Group
41,654
8,700
(a)
Computer
Programs
&
Systems,
Inc
139
15,846
Conmed
Corp
1,598
22,768
Cooper
Cos,
Inc
7,240
4,814
(a)
Corvel
Corp
947
25,224
(a)
Cross
Country
Healthcare,
Inc
625
23,064
(a)
CryoLife,
Inc
350
10,004
(a),(b)
Cutera,
Inc
60
638,783
CVS
Health
Corp
44,600
24,791
(a)
DaVita,
Inc
2,343
10,656
(a)
Definitive
Healthcare
Corp
85
106,534
Dentsply
Sirona,
Inc
3,639
191,265
(a)
DexCom,
Inc
17,845
41,284
(a)
DocGo,
Inc
220
49,456
(a)
Doximity,
Inc
1,049
291,345
(a)
Edwards
Lifesciences
Corp
20,184
116,505
Elevance
Health,
Inc
50,729
30,207
Embecta
Corp
455
44,802
Encompass
Health
Corp
3,009
27,101
(a)
Enhabit,
Inc
305
21,428
(a)
Enovis
Corp
1,130
28,674
Ensign
Group,
Inc
2,665
79,184
(a)
Envista
Holdings
Corp
2,208
45,708
(a)
Evolent
Health,
Inc
1,245
65,385
(a),(b)
Figs,
Inc
386
11,072
(a)
Fulgent
Genetics,
Inc
296
194,324
GE
HealthCare
Technologies,
Inc
13,222
24,523
(a)
Glaukos
Corp
1,845
57,262
(a)
Globus
Medical,
Inc
2,843
49,332
(a)
Guardant
Health,
Inc
1,462
24,773
(a)
Haemonetics
Corp
2,219
99,540
HCA,
Inc
24,485
24,393
(a)
Health
Catalyst,
Inc
247
42,554
(a)
HealthEquity,
Inc
3,109
18,780
HealthStream,
Inc
405
64,969
(a)
Henry
Schein,
Inc
4,824
62,220
(a)
Hims
&
Hers
Health,
Inc
391
119,793
(a)
Hologic,
Inc
8,314
61,496
Humana,
Inc
29,919
10,885
(a)
ICU
Medical,
Inc
1,295
40,842
(a)
IDEXX
Laboratories,
Inc
17,859
24,734
(a)
Inari
Medical,
Inc
1,618
9,354
(a),(b)
InfuSystem
Holdings,
Inc
90
38,335
(a)
Inmode
Ltd
1,168
10,000
(a),(b)
Innovage
Holding
Corp
60
12,244
(a)
Inogen,
Inc
64
13,280
(a)
Inspire
Medical
Systems,
Inc
2,635
34,390
(a)
Insulet
Corp
5,485
17,928
(a)
Integer
Holdings
Corp
1,406
30,442
(a)
Integra
LifeSciences
Holdings
Corp
1,163
172,021
(a)
Intuitive
Surgical,
Inc
50,280
3,653
iRadimed
Corp
162
16,105
(a)
iRhythm
Technologies,
Inc
1,518
7,427
(a)
Joint
Corp
67
42,144
Laboratory
Corp
of
America
Holdings
8,473
34,223
(a)
Lantheus
Holdings,
Inc
2,378
9,523
LeMaitre
Vascular,
Inc
519
25,006
(a),(b)
LifeStance
Health
Group,
Inc
172
26,810
(a)
LivaNova
plc
1,418
24,240
(a)
Masimo
Corp
2,125
CREF
Equity
Index
Account
September
30,
2023
218
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
66,425
McKesson
Corp
$
28,885
654,516
Medtronic
plc
51,288
28,011
(a)
Merit
Medical
Systems,
Inc
1,933
2,255
Mesa
Laboratories,
Inc
237
6,780
(a)
ModivCare,
Inc
214
28,118
(a)
Molina
Healthcare,
Inc
9,220
187,715
(a),(b)
Multiplan
Corp
315
21,550
(a),(b)
Nano-X
Imaging
Ltd
141
2,600
National
Healthcare
Corp
166
5,598
National
Research
Corp
248
110,527
(a)
Neogen
Corp
2,049
58,635
(a)
NeoGenomics,
Inc
721
19,942
(a)
Nevro
Corp
383
37,773
(a)
NextGen
Healthcare,
Inc
896
56,233
(a)
Novocure
Ltd
908
23,061
(a)
Omnicell,
Inc
1,039
238,337
(a),(b)
Opko
Health,
Inc
381
8,440
(a)
OptimizeRx
Corp
66
80,646
(a)
Option
Care
Health,
Inc
2,609
40,487
(a)
OraSure
Technologies,
Inc
240
18,671
(a)
Orthofix
Medical,
Inc
240
5,177
(a)
OrthoPediatrics
Corp
166
24,964
(a)
Outset
Medical,
Inc
272
31,294
(a)
Owens
&
Minor,
Inc
506
23,637
(a)
Paragon
28,
Inc
297
44,685
Patterson
Cos,
Inc
1,324
43,753
(a)
Pediatrix
Medical
Group,
Inc
556
17,723
(a)
Pennant
Group,
Inc
197
17,918
(a)
Penumbra,
Inc
4,335
14,406
(a)
PetIQ,
Inc
284
20,801
(a)
Phreesia,
Inc
389
56,653
Premier,
Inc
1,218
32,525
(a),(b)
Privia
Health
Group,
Inc
748
13,124
(a),(b)
PROCEPT
BioRobotics
Corp
431
34,423
(a)
Progyny,
Inc
1,171
72,154
(a)
Project
Roadrunner
Parent,
Inc
1,087
13,858
(a)
Pulmonx
Corp
143
54,552
Quest
Diagnostics,
Inc
6,648
26,154
(a)
QuidelOrtho
Corp
1,910
20,774
(a)
Quipt
Home
Medical
Corp
106
25,914
(a)
RadNet,
Inc
731
70,741
Resmed,
Inc
10,460
10,559
(a)
RxSight,
Inc
294
24,729
(a)
Schrodinger,
Inc
699
60,301
Select
Medical
Holdings
Corp
1,524
150,613
(a),(b)
Sharecare,
Inc
142
18,412
(a)
Shockwave
Medical,
Inc
3,666
17,531
(a)
SI-BONE,
Inc
372
18,916
(a),(b)
Silk
Road
Medical,
Inc
284
7,680
Simulations
Plus,
Inc
320
26,141
(a)
STAAR
Surgical
Co
1,050
48,388
STERIS
plc
10,617
173,665
Stryker
Corp
47,457
33,599
(a)
Surgery
Partners,
Inc
983
10,275
(a),(b)
SurModics,
Inc
330
10,460
(a)
Tactile
Systems
Technology,
Inc
147
35,006
(a)
Tandem
Diabetes
Care,
Inc
727
8,220
(a),(b)
Tela
Bio,
Inc
66
80,556
(a)
Teladoc
Health,
Inc
1,498
23,691
Teleflex,
Inc
4,653
53,386
(a)
Tenet
Healthcare
Corp
3,518
11,786
(a),(b)
TransMedics
Group,
Inc
645
219
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
22,415
(a)
Treace
Medical
Concepts,
Inc
$
294
4,630
(a)
UFP
Technologies,
Inc
748
456,276
UnitedHealth
Group,
Inc
230,050
29,977
Universal
Health
Services,
Inc
(Class
B)
3,769
6,975
US
Physical
Therapy,
Inc
640
2,349
Utah
Medical
Products,
Inc
202
27,229
(a)
Varex
Imaging
Corp
512
71,525
(a)
Veeva
Systems,
Inc
14,552
27,942
(a),(b)
Vicarious
Surgical,
Inc
16
17,155
(a),(b)
Viemed
Healthcare,
Inc
115
104,652
Zimmer
Biomet
Holdings,
Inc
11,744
12,899
(a)
Zimvie,
Inc
121
10,840
(a),(b)
Zynex,
Inc
87
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
1,116,733
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
1.4%
46,991
(a),(b)
Beauty
Health
Co
283
66,090
(a)
BellRing
Brands,
Inc
2,725
7,431
(a)
Central
Garden
&
Pet
Co
328
22,079
(a)
Central
Garden
and
Pet
Co
(Class
A)
885
118,723
Church
&
Dwight
Co,
Inc
10,879
61,531
Clorox
Co
8,064
399,427
Colgate-Palmolive
Co
28,403
159,439
(a)
Coty,
Inc
1,749
29,639
Edgewell
Personal
Care
Co
1,096
24,917
(a)
elf
Beauty,
Inc
2,737
34,187
Energizer
Holdings,
Inc
1,095
116,171
Estee
Lauder
Cos
(Class
A)
16,793
58,982
(a)
Herbalife
Ltd
825
9,082
Inter
Parfums,
Inc
1,220
852,014
Kenvue,
Inc
17,109
162,384
Kimberly-Clark
Corp
19,624
6,191
Medifast,
Inc
463
5,868
(a)
Nature's
Sunshine
Products,
Inc
97
27,121
Nu
Skin
Enterprises,
Inc
(Class
A)
575
2,434
Oil-Dri
Corp
of
America
150
43,357
(a)
Olaplex
Holdings,
Inc
85
1,159,723
Procter
&
Gamble
Co
169,157
28,002
Reynolds
Consumer
Products,
Inc
718
21,541
Spectrum
Brands
Holdings,
Inc
1,688
8,349
(a)
USANA
Health
Sciences,
Inc
489
10,102
(a),(b)
Waldencast
plc
95
7,178
WD-40
Co
1,459
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
288,791
INSURANCE
-
2.3%
299,869
Aflac,
Inc
23,015
130,762
Allstate
Corp
14,568
32,424
(a)
AMBAC
Financial
Group,
Inc
391
30,850
American
Equity
Investment
Life
Holding
Co
1,655
34,605
American
Financial
Group,
Inc
3,864
365,839
American
International
Group,
Inc
22,170
13,468
Amerisafe,
Inc
674
98,742
Aon
plc
32,014
178,169
(a)
Arch
Capital
Group
Ltd
14,202
17,301
Argo
Group
International
Holdings
Ltd
516
27,795
(b)
Assurant,
Inc
3,991
28,366
Assured
Guaranty
Ltd
1,717
27,757
Axis
Capital
Holdings
Ltd
1,565
25,977
(a)
Brighthouse
Financial,
Inc
1,271
117,798
Brown
&
Brown,
Inc
8,227
25,189
(a)
BRP
Group,
Inc
585
CREF
Equity
Index
Account
September
30,
2023
220
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
202,689
Chubb
Ltd
$
42,196
74,945
Cincinnati
Financial
Corp
7,666
2,717
CNA
Financial
Corp
107
66,761
CNO
Financial
Group,
Inc
1,584
7,812
Donegal
Group,
Inc
(Class
A)
111
15,165
(a)
eHealth,
Inc
112
6,714
Employers
Holdings,
Inc
268
4,741
(a)
Enstar
Group
Ltd
1,147
21,082
Everest
Re
Group
Ltd
7,836
9,274
F&G
Annuities
&
Life,
Inc
260
120,728
Fidelity
National
Financial,
Inc
4,986
52,851
First
American
Financial
Corp
2,986
102,609
Gallagher
(Arthur
J.)
&
Co
23,388
184,221
(a)
Genworth
Financial,
Inc
(Class
A)
1,080
41,690
Globe
Life,
Inc
4,533
9,663
(a)
Goosehead
Insurance,
Inc
720
20,683
(a)
Greenlight
Capital
Re
Ltd
(Class
A)
222
17,079
Hanover
Insurance
Group,
Inc
1,895
145,152
Hartford
Financial
Services
Group,
Inc
10,293
3,092
(b)
HCI
Group,
Inc
168
5,219
(a),(b)
Hippo
Holdings,
Inc
42
22,775
Horace
Mann
Educators
Corp
669
1,119
Investors
Title
Co
166
19,526
James
River
Group
Holdings
Ltd
300
33,482
Kemper
Corp
1,407
10,502
Kinsale
Capital
Group,
Inc
4,349
20,988
(a),(b)
Lemonade,
Inc
244
87,713
Lincoln
National
Corp
2,166
91,651
Loews
Corp
5,802
46,136
(a),(b)
Maiden
Holdings
Ltd
81
6,672
(a)
Markel
Corp
9,824
241,962
Marsh
&
McLennan
Cos,
Inc
46,045
26,174
(a)
MBIA,
Inc
189
12,675
Mercury
General
Corp
355
322,462
Metlife,
Inc
20,286
1,551
National
Western
Life
Group,
Inc
679
7,308
(a)
NI
Holdings,
Inc
94
111,944
Old
Republic
International
Corp
3,016
60,575
(a)
Oscar
Health,
Inc
337
13,408
(a)
Palomar
Holdings,
Inc
680
18,445
Primerica,
Inc
3,579
120,318
Principal
Financial
Group
8,671
37,307
ProAssurance
Corp
705
287,478
Progressive
Corp
40,046
186,200
Prudential
Financial,
Inc
17,669
29,828
Reinsurance
Group
of
America,
Inc
(Class
A)
4,331
24,465
RenaissanceRe
Holdings
Ltd
4,842
20,019
RLI
Corp
2,720
42,415
(a)
Ryan
Specialty
Holdings,
Inc
2,053
4,020
Safety
Insurance
Group,
Inc
274
32,431
Selective
Insurance
Group,
Inc
3,346
8,398
(a)
SiriusPoint
Ltd
85
5,293
(a)
Skyward
Specialty
Insurance
Group,
Inc
145
15,315
Stewart
Information
Services
Corp
671
22,143
Tiptree,
Inc
371
114,898
Travelers
Cos,
Inc
18,764
20,838
(a),(b)
Trupanion,
Inc
588
16,104
United
Fire
Group,
Inc
318
22,402
Universal
Insurance
Holdings,
Inc
314
99,041
Unum
Group
4,872
101,609
W.R.
Berkley
Corp
6,451
1,280
White
Mountains
Insurance
Group
Ltd
1,915
221
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
53,031
Willis
Towers
Watson
plc
$
11,081
TOTAL
INSURANCE
472,525
MATERIALS
-
2.7%
16,560
(a),(b)
5E
Advanced
Materials,
Inc
37
14,906
AdvanSix,
Inc
463
108,588
Air
Products
&
Chemicals,
Inc
30,774
56,068
Albemarle
Corp
9,534
99,055
Alcoa
Corp
2,879
58,071
(a)
Allegheny
Technologies,
Inc
2,390
5,106
Alpha
Metallurgical
Resources,
Inc
1,326
726,379
Amcor
plc
6,654
20,501
American
Vanguard
Corp
224
30,628
Aptargroup,
Inc
3,830
13,288
(a),(d)
Ardagh
Group
S.A.
57
74,922
(b)
Ardagh
Metal
Packaging
S.A.
235
26,123
Ashland,
Inc
2,134
11,564
(a)
Aspen
Aerogels,
Inc
100
41,051
Avery
Dennison
Corp
7,499
49,682
Avient
Corp
1,755
113,646
(a)
Axalta
Coating
Systems
Ltd
3,057
15,070
Balchem
Corp
1,869
153,554
Ball
Corp
7,644
56,523
Berry
Global
Group,
Inc
3,499
23,466
Cabot
Corp
1,626
8,054
(b)
Caledonia
Mining
Corp
plc
79
25,997
Carpenter
Technology
Corp
1,747
47,153
Celanese
Corp
(Series
A)
5,919
12,437
(a)
Century
Aluminum
Co
89
93,988
CF
Industries
Holdings,
Inc
8,059
5,158
Chase
Corp
656
59,993
Chemours
Co
1,683
11,678
(a)
Clearwater
Paper
Corp
423
267,350
(a)
Cleveland-Cliffs,
Inc
4,179
119,550
(a)
Coeur
Mining,
Inc
265
53,154
Commercial
Metals
Co
2,626
20,319
Compass
Minerals
International,
Inc
568
66,991
(a)
Constellium
SE
1,219
356,387
Corteva,
Inc
18,233
52,888
Crown
Holdings,
Inc
4,680
36,022
(a),(b)
Danimer
Scientific,
Inc
75
352,447
Dow,
Inc
18,172
223,358
DuPont
de
Nemours,
Inc
16,660
16,817
Eagle
Materials,
Inc
2,800
60,013
Eastman
Chemical
Co
4,604
122,433
Ecolab,
Inc
20,740
20,162
(a)
Ecovyst,
Inc
198
92,641
Element
Solutions,
Inc
1,817
64,363
FMC
Corp
4,310
703,520
Freeport-McMoRan,
Inc
(Class
B)
26,234
17,819
FutureFuel
Corp
128
768,616
(a),(b)
Ginkgo
Bioworks
Holdings,
Inc
1,391
32,454
(b)
Glatfelter
Corp
65
145,764
Graphic
Packaging
Holding
Co
3,248
14,075
Greif,
Inc
(Class
A)
940
3,993
Greif,
Inc
(Class
B)
266
22,652
H.B.
Fuller
Co
1,554
15,846
Hawkins,
Inc
933
9,402
Haynes
International,
Inc
437
290,099
Hecla
Mining
Co
1,134
85,574
Huntsman
Corp
2,088
96,273
(a),(b)
i-80
Gold
Corp
147
CREF
Equity
Index
Account
September
30,
2023
222
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
21,966
(a)
Ingevity
Corp
$
1,046
11,273
Innospec,
Inc
1,152
127,265
International
Flavors
&
Fragrances,
Inc
8,676
172,512
International
Paper
Co
6,119
6,735
(a)
Intrepid
Potash,
Inc
170
23,280
(a),(b)
Ivanhoe
Electric,
Inc
277
8,625
Kaiser
Aluminum
Corp
649
24,111
(a)
Knife
River
Corp
1,177
15,231
Koppers
Holdings,
Inc
602
14,288
Kronos
Worldwide,
Inc
111
240,715
Linde
plc
89,630
80,227
(a),(b)
Livent
Corp
1,477
34,555
Louisiana-Pacific
Corp
1,910
16,250
(a)
LSB
Industries,
Inc
166
129,559
LyondellBasell
Industries
NV
12,269
30,128
Martin
Marietta
Materials,
Inc
12,367
11,119
Materion
Corp
1,133
12,674
Minerals
Technologies,
Inc
694
166,909
Mosaic
Co
5,942
39,809
(a)
MP
Materials
Corp
760
18,118
Myers
Industries,
Inc
325
2,137
NewMarket
Corp
972
396,127
Newmont
Goldcorp
Corp
14,637
149,512
(a)
Novagold
Resources,
Inc
574
121,367
Nucor
Corp
18,976
59,953
(a)
O-I
Glass,
Inc
1,003
62,167
Olin
Corp
3,107
6,559
Olympic
Steel,
Inc
369
54,529
(a),(b)
Origin
Materials,
Inc
70
38,461
Orion
S.A.
818
45,269
Packaging
Corp
of
America
6,951
22,477
Pactiv
Evergreen,
Inc
183
62,456
(a),(b)
Perimeter
Solutions
S.A.
284
8,901
(a)
Piedmont
Lithium,
Inc
353
115,690
PPG
Industries,
Inc
15,017
28,487
(a),(b)
PureCycle
Technologies,
Inc
160
7,360
Quaker
Chemical
Corp
1,178
11,495
Ramaco
Resources,
Inc
126
2,299
Ramaco
Resources,
Inc
27
16,208
(a)
Ranpak
Holdings
Corp
88
31,957
(a)
Rayonier
Advanced
Materials,
Inc
113
28,345
Reliance
Steel
&
Aluminum
Co
7,433
32,757
Royal
Gold,
Inc
3,483
63,937
RPM
International,
Inc
6,062
8,418
Ryerson
Holding
Corp
245
14,147
Schnitzer
Steel
Industries,
Inc
(Class
A)
394
9,517
Schweitzer-Mauduit
International,
Inc
136
22,512
Scotts
Miracle-Gro
Co
(Class
A)
1,163
70,338
Sealed
Air
Corp
2,311
18,559
Sensient
Technologies
Corp
1,085
116,802
Sherwin-Williams
Co
29,790
41,605
Silgan
Holdings,
Inc
1,794
48,557
Sonoco
Products
Co
2,639
38,078
Southern
Copper
Corp
2,867
109,335
SSR
Mining,
Inc
1,453
76,597
Steel
Dynamics,
Inc
8,213
8,132
Stepan
Co
610
65,111
(a)
Summit
Materials,
Inc
2,028
48,451
SunCoke
Energy,
Inc
492
17,918
Sylvamo
Corp
787
29,755
(a)
TimkenSteel
Corp
646
19,671
Tredegar
Corp
106
223
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
23,586
Trimas
Corp
$
584
23,427
Trinseo
plc
191
62,538
Tronox
Holdings
plc
841
1,357
United
States
Lime
&
Minerals,
Inc
273
112,139
United
States
Steel
Corp
3,642
84,821
Valvoline,
Inc
2,735
63,607
Vulcan
Materials
Co
12,850
28,082
Warrior
Met
Coal,
Inc
1,434
14,533
Westlake
Chemical
Corp
1,812
113,717
Westrock
Co
4,071
10,006
Worthington
Industries,
Inc
619
TOTAL
MATERIALS
560,399
MEDIA
&
ENTERTAINMENT
-
7.3%
357,287
Activision
Blizzard,
Inc
33,453
41,683
(a),(b)
Advantage
Solutions,
Inc
118
2,500,522
(a)
Alphabet,
Inc
329,694
2,918,322
(a)
Alphabet,
Inc
(Class
A)
381,892
16,067
(a)
AMC
Networks,
Inc
189
7,655
(a)
Atlanta
Braves
Holdings,
Inc
299
28,493
(a)
Atlanta
Braves
Holdings,
Inc
1,018
7,354
(a)
Boston
Omaha
Corp
121
44,223
(a)
Bumble,
Inc
660
3,042
Cable
One,
Inc
1,873
51,402
(a)
Cargurus,
Inc
901
37,344
(a)
Cars.com,
Inc
630
50,249
(a)
Charter
Communications,
Inc
22,101
58,982
(a)
Cinemark
Holdings,
Inc
1,082
198,206
(a)
Clear
Channel
Outdoor
Holdings,
Inc
313
2,013,462
Comcast
Corp
(Class
A)
89,277
772
(a)
Daily
Journal
Corp
227
22,415
(a)
DHI
Group,
Inc
69
136,485
(a),(b)
DISH
Network
Corp
(Class
A)
800
131,209
Electronic
Arts,
Inc
15,798
50,932
Entravision
Communications
Corp
(Class
A)
186
40,961
(a)
Eventbrite,
Inc
404
8,345
(a)
EverQuote,
Inc
60
31,270
(a)
EW
Scripps
Co
(Class
A)
171
136,724
Fox
Corp
(Class
A)
4,266
52,050
Fox
Corp
(Class
B)
1,503
135,594
(a),(b)
fuboTV,
Inc
362
74,491
(a)
Gannett
Co,
Inc
182
46,930
Gray
Television,
Inc
325
20,672
(a),(b)
Grindr,
Inc
119
42,355
(a)
IAC,
Inc
2,134
27,196
(a)
IMAX
Corp
525
16,911
(a)
Integral
Ad
Science
Holding
Corp
201
183,140
Interpublic
Group
of
Cos,
Inc
5,249
23,547
John
Wiley
&
Sons,
Inc
(Class
A)
875
58,788
(a)
Liberty
Broadband
Corp
5,369
5,960
(a)
Liberty
Broadband
Corp
(Class
A)
542
6,884
(a)
Liberty
Media
Corp-Liberty
Formula
One
389
100,858
(a)
Liberty
Media
Corp-Liberty
Formula
One
6,283
72,983
(a)
Liberty
Media
Corp-Liberty
SiriusXM
1,858
34,936
(a)
Liberty
Media
Corp-Liberty
SiriusXM
889
22,561
(a)
LIBERTY
MEDIA
CORP-LIBERTY-C
724
37,150
(a),(b)
Lions
Gate
Entertainment
Corp
(Class
A)
315
71,817
(a)
Lions
Gate
Entertainment
Corp
(Class
B)
565
79,453
(a)
Live
Nation,
Inc
6,598
13,156
(a)
Madison
Square
Garden
Entertainment
Corp
433
10,365
Madison
Square
Garden
Sports
Corp
1,827
61,168
(a)
Magnite,
Inc
461
CREF
Equity
Index
Account
September
30,
2023
224
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
14,211
(b)
Marcus
Corp
$
220
133,165
(a)
Match
Group,
Inc
5,217
9,561
(a)
MediaAlpha,
Inc
79
1,086,585
(a)
Meta
Platforms,
Inc
326,204
216,000
(a)
NetFlix,
Inc
81,562
73,578
New
York
Times
Co
(Class
A)
3,031
189,629
News
Corp
(Class
A)
3,804
66,535
News
Corp
(Class
B)
1,389
18,525
Nexstar
Media
Group,
Inc
2,656
73,273
(a),(b)
Nextdoor
Holdings,
Inc
133
97,357
Omnicom
Group,
Inc
7,251
20,470
(a)
Outbrain,
Inc
100
4,594
Paramount
Global
(Class
A)
73
305,131
Paramount
Global
(Class
B)
3,936
277,011
(a)
Pinterest,
Inc
7,488
40,614
(a),(b)
Playstudios,
Inc
129
42,908
(a)
Playtika
Holding
Corp
413
21,386
(a)
PubMatic,
Inc
259
20,643
(a)
QuinStreet,
Inc
185
227,072
(a)
ROBLOX
Corp
6,576
63,324
(a)
Roku,
Inc
4,470
19,984
Scholastic
Corp
762
13,499
Shutterstock,
Inc
514
11,690
(b)
Sinclair,
Inc
131
319,108
(b)
Sirius
XM
Holdings,
Inc
1,442
13,156
(a)
Sphere
Entertainment
Co
489
67,991
(a)
Spotify
Technology
S.A.
10,514
33,238
(a)
Stagwell,
Inc
156
81,955
(a)
Take-Two
Interactive
Software,
Inc
11,506
12,153
(a)
TechTarget,
Inc
369
101,609
TEGNA,
Inc
1,480
13,027
(a)
Thryv
Holdings,
Inc
245
18,467
(a)
TKO
Group
Holdings,
Inc
1,552
56,597
(a)
TripAdvisor,
Inc
938
44,667
(a),(b)
TrueCar,
Inc
92
68,763
(a)
Vimeo,
Inc
243
12,686
(a),(b)
Vivid
Seats,
Inc
81
900,501
(a)
Walt
Disney
Co
72,986
1,098,789
(a)
Warner
Bros
Discovery,
Inc
11,933
28,599
(a)
WideOpenWest,
Inc
219
41,665
(a)
Yelp,
Inc
1,733
23,417
(a)
Ziff
Davis,
Inc
1,491
40,960
(a)
ZipRecruiter,
Inc
491
141,765
(a)
ZoomInfo
Technologies,
Inc
2,325
TOTAL
MEDIA
&
ENTERTAINMENT
1,500,197
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
7.8%
45,940
(a)
10X
Genomics,
Inc
1,895
11,229
(a),(b)
2seventy
bio,
Inc
44
22,403
(a)
4D
Molecular
Therapeutics,
Inc
285
30,587
(a)
89bio,
Inc
472
869,303
AbbVie,
Inc
129,578
70,913
(a)
Acadia
Pharmaceuticals,
Inc
1,478
23,691
(a)
Aclaris
Therapeutics,
Inc
162
12,987
(a),(b)
Actinium
Pharmaceuticals,
Inc
77
59,774
(a)
Adaptive
Biotechnologies
Corp
326
14,505
(a),(b)
Adicet
Bio,
Inc
20
95,244
(a)
ADMA
Biologics,
Inc
341
107,560
(a)
Agenus,
Inc
122
147,034
Agilent
Technologies,
Inc
16,441
34,493
(a)
Agios
Pharmaceuticals,
Inc
854
22,177
(a)
Akero
Therapeutics,
Inc
1,122
225
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
23,019
(a)
Aldeyra
Therapeutics,
Inc
$
154
31,429
(a)
Alector,
Inc
204
87,531
(a)
Alkermes
plc
2,452
33,411
(a)
Allakos,
Inc
76
28,864
(a),(b)
Allogene
Therapeutics,
Inc
92
10,335
(a),(b)
Allovir,
Inc
22
61,672
(a)
Alnylam
Pharmaceuticals,
Inc
10,922
15,824
(a),(b)
Alpine
Immune
Sciences,
Inc
181
24,706
(a)
Altimmune,
Inc
64
9,675
(a),(b)
ALX
Oncology
Holdings,
Inc
46
262,841
Amgen,
Inc
70,641
151,298
(a)
Amicus
Therapeutics,
Inc
1,840
53,162
(a)
Amneal
Pharmaceuticals,
Inc
224
25,774
(a)
Amphastar
Pharmaceuticals,
Inc
1,185
25,689
(a),(b)
Amylyx
Pharmaceuticals,
Inc
470
12,566
(a),(b)
AnaptysBio,
Inc
226
30,524
(a),(b)
Anavex
Life
Sciences
Corp
200
5,767
(a)
ANI
Pharmaceuticals,
Inc
335
10,943
(a)
Anika
Therapeutics,
Inc
204
46,610
(a)
Apellis
Pharmaceuticals,
Inc
1,773
55,373
(a),(b)
Arbutus
Biopharma
Corp
112
15,098
(a)
Arcellx,
Inc
542
7,756
(a)
Arcturus
Therapeutics
Holdings,
Inc
198
20,717
(a)
Arcus
Biosciences,
Inc
372
15,151
(a),(b)
Arcutis
Biotherapeutics,
Inc
80
105,254
(a)
Ardelyx,
Inc
429
55,310
(a)
Arrowhead
Pharmaceuticals,
Inc
1,486
23,815
(a)
Arvinas,
Inc
468
27,175
(a),(b)
Assertio
Holdings,
Inc
70
12,739
(a),(b)
Astria
Therapeutics,
Inc
95
35,244
(a)
Atea
Pharmaceuticals,
Inc
106
9,389
(a),(b)
Aura
Biosciences,
Inc
84
68,772
(a),(b)
Aurinia
Pharmaceuticals,
Inc
534
318,550
(a)
Avantor,
Inc
6,715
33,858
(a)
Avid
Bioservices,
Inc
320
38,891
(a)
Avidity
Biosciences,
Inc
248
12,422
(a),(b)
Avita
Medical,
Inc
182
15,727
(a),(b)
Axsome
Therapeutics,
Inc
1,099
25,636
(a),(b)
Beam
Therapeutics,
Inc
617
97,016
(a),(b)
BioCryst
Pharmaceuticals,
Inc
687
71,702
(a)
Biogen,
Inc
18,428
23,650
(a)
Biohaven
Ltd
615
13,317
(a)
BioLife
Solutions,
Inc
184
93,702
(a)
BioMarin
Pharmaceutical,
Inc
8,291
9,809
(a),(b)
Biomea
Fusion,
Inc
135
10,456
(a)
Bio-Rad
Laboratories,
Inc
(Class
A)
3,748
78,368
Bio-Techne
Corp
5,335
33,689
(a),(b)
Bluebird
Bio,
Inc
102
31,927
(a)
Blueprint
Medicines
Corp
1,603
58,721
(a)
Bridgebio
Pharma,
Inc
1,548
1,037,115
Bristol-Myers
Squibb
Co
60,194
39,365
(a)
Brooks
Automation,
Inc
1,976
56,206
Bruker
BioSciences
Corp
3,502
54,897
(a),(b)
Cabaletta
Bio,
Inc
836
19,366
(a)
Cara
Therapeutics,
Inc
33
27,306
(a)
CareDx,
Inc
191
10,333
(a),(b)
Caribou
Biosciences,
Inc
49
13,320
(b)
Carisma
Therapeutics,
Inc
56
20,876
(a),(b)
Cassava
Sciences,
Inc
347
85,996
(a)
Catalent,
Inc
3,915
50,782
(a)
Catalyst
Pharmaceuticals,
Inc
594
8,603
(a),(b)
Celcuity,
Inc
79
CREF
Equity
Index
Account
September
30,
2023
226
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
21,395
(a)
Celldex
Therapeutics,
Inc
$
589
19,234
(a),(b)
Cerevel
Therapeutics
Holdings,
Inc
420
25,265
(a)
Charles
River
Laboratories
International,
Inc
4,951
28,644
(a),(d)
Chinook
Therapeutics,
Inc
11
23,538
(a)
Codexis,
Inc
45
22,858
(a)
Cogent
Biosciences,
Inc
223
27,864
(a)
Coherus
Biosciences,
Inc
104
16,286
(a)
Collegium
Pharmaceutical,
Inc
364
45,293
(a),(b)
Compass
Therapeutics,
Inc
89
33,186
(a)
Corcept
Therapeutics,
Inc
904
22,299
(a),(b)
CorMedix,
Inc
83
38,468
(a)
Crinetics
Pharmaceuticals,
Inc
1,144
22,130
(a)
CryoPort,
Inc
303
7,345
(a)
Cullinan
Oncology,
Inc
66
48,616
(a)
Cymabay
Therapeutics,
Inc
725
51,177
(a)
Cytek
Biosciences,
Inc
283
42,716
(a)
Cytokinetics,
Inc
1,258
325,188
Danaher
Corp
80,679
11,974
(a)
Day
One
Biopharmaceuticals,
Inc
147
22,263
(a)
Deciphera
Pharmaceuticals,
Inc
283
49,642
(a)
Denali
Therapeutics,
Inc
1,024
14,200
(a)
Design
Therapeutics,
Inc
34
3,831
(a),(b)
Disc
Medicine,
Inc
180
58,823
(a)
Dynavax
Technologies
Corp
869
16,387
(a)
Dyne
Therapeutics,
Inc
147
6,368
(a)
Eagle
Pharmaceuticals,
Inc
100
20,664
(a)
Edgewise
Therapeutics,
Inc
118
35,681
(a)
Editas
Medicine,
Inc
278
242,401
(a)
Elanco
Animal
Health,
Inc
2,725
416,289
Eli
Lilly
&
Co
223,601
11,786
(a)
Enanta
Pharmaceuticals,
Inc
132
11,571
(a),(b)
Enliven
Therapeutics,
Inc
158
10,600
(a),(b)
Entrada
Therapeutics,
Inc
168
70,095
(a),(b)
EQRx,
Inc
156
33,527
(a)
Erasca,
Inc
66
17,590
(a)
Evolus,
Inc
161
88,922
(a)
Exact
Sciences
Corp
6,066
170,031
(a)
Exelixis,
Inc
3,715
66,417
(a),(b)
EyePoint
Pharmaceuticals,
Inc
531
42,216
(a)
Fate
Therapeutics,
Inc
90
10,305
(a),(b)
Foghorn
Therapeutics,
Inc
52
45,181
(a),(b)
Fortrea
Holdings,
Inc
1,292
29,510
(a)
Genelux
Corp
723
23,909
(a)
Generation
Bio
Co
91
245,957
(a)
Geron
Corp
521
614,278
Gilead
Sciences,
Inc
46,034
44,572
(a),(b)
Gritstone
bio,
Inc
77
68,124
(a)
Halozyme
Therapeutics,
Inc
2,602
12,195
(a)
Harmony
Biosciences
Holdings,
Inc
400
12,872
(a),(b)
Harrow
Health,
Inc
185
19,354
(a)
Harvard
Bioscience,
Inc
83
10,524
(a),(b)
HilleVax,
Inc
142
109,958
(a)
Horizon
Therapeutics
PLC
12,721
40,572
(a)
ICON
plc
9,991
7,208
(a),(b)
Icosavax,
Inc
56
15,316
(a)
Ideaya
Biosciences,
Inc
413
2,211
(a),(b)
IGM
Biosciences,
Inc
18
78,792
(a)
Illumina,
Inc
10,817
10,169
(a)
Immuneering
Corp
78
36,493
(a),(b)
ImmunityBio,
Inc
62
106,612
(a)
Immunogen,
Inc
1,692
19,494
(a)
Immunovant,
Inc
748
227
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
87,640
(a)
Incyte
Corp
$
5,063
15,231
(a),(b)
Inhibrx,
Inc
280
34,523
(a)
Innoviva,
Inc
448
16,918
(a),(b)
Inozyme
Pharma,
Inc
71
60,247
(a)
Insmed,
Inc
1,521
34,856
(a)
Intellia
Therapeutics,
Inc
1,102
12,921
(a)
Intercept
Pharmaceuticals,
Inc
240
46,963
(a)
Intra-Cellular
Therapies,
Inc
2,446
79,163
(a)
Ionis
Pharmaceuticals,
Inc
3,591
74,052
(a)
Iovance
Biotherapeutics,
Inc
337
92,212
(a)
IQVIA
Holdings,
Inc
18,143
95,014
(a)
Ironwood
Pharmaceuticals,
Inc
915
11,046
(a)
iTeos
Therapeutics,
Inc
121
8,802
(a),(b)
Janux
Therapeutics,
Inc
89
28,814
(a)
Jazz
Pharmaceuticals
plc
3,730
1,183,846
Johnson
&
Johnson
184,384
10,666
(a)
KalVista
Pharmaceuticals,
Inc
103
17,697
(a)
Karuna
Therapeutics,
Inc
2,992
46,110
(a),(b)
Karyopharm
Therapeutics,
Inc
62
8,516
(a)
Keros
Therapeutics,
Inc
272
18,676
(a),(b)
Kezar
Life
Sciences,
Inc
22
11,321
(a)
Kiniksa
Pharmaceuticals
Ltd
197
18,276
(a),(b)
Kodiak
Sciences,
Inc
33
9,785
(a)
Krystal
Biotech,
Inc
1,135
31,598
(a)
Kura
Oncology,
Inc
288
15,771
(a)
Kymera
Therapeutics,
Inc
219
30,110
(a),(b)
Lexicon
Pharmaceuticals,
Inc
33
8,586
(a)
Ligand
Pharmaceuticals,
Inc
(Class
B)
514
65,652
(a),(b)
Lineage
Cell
Therapeutics,
Inc
77
24,455
(a)
Liquidia
Corp
155
77,816
(a),(b)
Lyell
Immunopharma,
Inc
114
32,187
(a)
MacroGenics,
Inc
150
6,193
(a)
Madrigal
Pharmaceuticals,
Inc
904
94,899
(a)
MannKind
Corp
392
54,984
(a)
Maravai
LifeSciences
Holdings,
Inc
550
24,801
(a),(b)
Marinus
Pharmaceuticals,
Inc
200
51,230
(a),(b)
MaxCyte,
Inc
160
12,929
(a)
Medpace
Holdings,
Inc
3,131
10,086
(a)
MeiraGTx
Holdings
plc
50
1,248,969
Merck
&
Co,
Inc
128,581
11,133
(a)
Mettler-Toledo
International,
Inc
12,336
60,615
(a)
MiMedx
Group,
Inc
442
7,068
(a)
Mineralys
Therapeutics,
Inc
67
21,876
(a)
Mirati
Therapeutics,
Inc
953
8,147
(a),(b)
Mirum
Pharmaceuticals,
Inc
257
165,972
(a)
Moderna,
Inc
17,143
14,704
(a),(b)
Monte
Rosa
Therapeutics,
Inc
70
15,005
(a)
Morphic
Holding,
Inc
344
46,607
(a)
Myriad
Genetics,
Inc
748
22,499
(a),(b)
NanoString
Technologies,
Inc
39
51,554
(a)
Natera,
Inc
2,281
25,317
(a)
Nautilus
Biotechnology,
Inc
80
45,814
(a)
Neurocrine
Biosciences,
Inc
5,154
15,360
(a)
NGM
Biopharmaceuticals,
Inc
16
9,374
(a),(b)
Nkarta,
Inc
13
40,572
(a),(b)
Novavax,
Inc
294
17,085
(a)
Nurix
Therapeutics,
Inc
134
10,256
(a)
Nuvalent,
Inc
471
35,946
(a)
Nuvation
Bio,
Inc
48
41,830
(a)
Ocular
Therapeutix,
Inc
131
13,370
(a)
Olema
Pharmaceuticals,
Inc
165
12,172
(a),(b)
Omega
Therapeutics,
Inc
26
CREF
Equity
Index
Account
September
30,
2023
228
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
30,358
(a),(b)
Omeros
Corp
$
89
3,255
(a),(d)
OmniAb
Operations,
Inc
0^
3,255
(a),(d)
OmniAb
Operations,
Inc
0^
42,061
(a)
OmniAb,
Inc
218
13,691
(a)
Organogenesis
Holdings,
Inc
44
99,908
Organon
&
Co
1,734
19,543
(a),(b)
ORIC
Pharmaceuticals,
Inc
118
29,936
(a),(b)
Ovid
therapeutics,
Inc
115
100,456
(a),(b)
Pacific
Biosciences
of
California,
Inc
839
23,821
(a)
Pacira
BioSciences,
Inc
731
65,063
PerkinElmer,
Inc
7,202
69,259
Perrigo
Co
plc
2,213
2,778,747
Pfizer,
Inc
92,171
56,260
(a),(b)
Phathom
Pharmaceuticals,
Inc
583
12,927
Phibro
Animal
Health
Corp
165
27,964
(a)
Pliant
Therapeutics,
Inc
485
14,315
(a)
PMV
Pharmaceuticals,
Inc
88
37,958
(a)
Point
Biopharma
Global,
Inc
253
39,456
(a),(b)
Precigen,
Inc
56
24,486
(a)
Prestige
Consumer
Healthcare,
Inc.
1,400
19,579
(a),(b)
Prime
Medicine,
Inc
187
30,525
(a),(b)
ProKidney
Corp
140
22,557
(a)
Protagonist
Therapeutics,
Inc
376
18,603
(a)
Prothena
Corp
plc
898
37,990
(a)
PTC
Therapeutics,
Inc
851
113,112
(a)
QIAGEN
NV
4,581
16,838
(a)
Quanterix
Corp
457
46,832
(a),(b)
Quantum-Si,
Inc
78
15,258
(a),(b)
Rallybio
Corp
51
6,533
(a),(b)
RAPT
Therapeutics,
Inc
109
61,485
(a),(b)
Recursion
Pharmaceuticals,
Inc
470
50,824
(a)
Regeneron
Pharmaceuticals,
Inc
41,826
19,715
(a)
REGENXBIO,
Inc
325
31,945
(a)
Relay
Therapeutics,
Inc
269
26,192
(a)
Repligen
Corp
4,165
10,254
(a)
Replimune
Group,
Inc
175
33,815
(a)
Revance
Therapeutics,
Inc
388
50,065
(a)
REVOLUTION
Medicines,
Inc
1,386
25,414
(a),(b)
Rhythm
Pharmaceuticals,
Inc
583
86,450
(a)
Rigel
Pharmaceuticals,
Inc
93
20,281
(a)
Rocket
Pharmaceuticals,
Inc
416
178,841
(a),(b)
Roivant
Sciences
Ltd
2,089
189,332
Royalty
Pharma
plc
5,138
28,225
(a)
Sage
Therapeutics,
Inc
581
46,510
(a),(b)
Sana
Biotechnology,
Inc
180
52,234
(a),(b)
Sangamo
Therapeutics
Inc
31
41,917
(a)
Sarepta
Therapeutics,
Inc
5,081
38,005
(a),(b)
Savara,
Inc
144
14,170
(a),(b)
Scholar
Rock
Holding
Corp
101
14,352
(a),(b)
scPharmaceuticals,
Inc
102
68,787
(a)
Seagen,
Inc
14,593
22,417
(a),(b)
Seer,
Inc
50
37,976
(a)
Seres
Therapeutics,
Inc
90
35,191
(b)
SIGA
Technologies,
Inc
185
76,705
(a)
SomaLogic,
Inc
183
99,083
(a),(b),(d)
Sorrento
Therapeutics,
Inc
132
43,033
(a)
Sotera
Health
Co
645
15,930
(a)
SpringWorks
Therapeutics,
Inc
368
10,464
(a),(b)
Stoke
Therapeutics,
Inc
41
57,751
(a),(b)
Summit
Therapeutics,
Inc
108
26,807
(a)
Supernus
Pharmaceuticals,
Inc
739
15,843
(a),(b)
Sutro
Biopharma,
Inc
55
229
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
24,529
(a)
Syndax
Pharmaceuticals,
Inc
$
356
23,918
(a),(b)
Tango
Therapeutics,
Inc
269
4,094
(a),(b)
Taro
Pharmaceutical
Industries
Ltd
154
9,396
(a)
Tarsus
Pharmaceuticals,
Inc
167
22,763
(a),(b)
Tenaya
Therapeutics,
Inc
58
21,241
(a),(b)
Terns
Pharmaceuticals,
Inc
107
69,942
(a)
TG
Therapeutics,
Inc
585
29,259
(a),(b)
Theravance
Biopharma,
Inc
253
189,751
Thermo
Fisher
Scientific,
Inc
96,046
10,124
(a)
Theseus
Pharmaceuticals,
Inc
27
25,726
(a)
Travere
Therapeutics,
Inc
230
26,284
(a)
Twist
Bioscience
Corp
533
6,957
(a),(b)
Tyra
Biosciences,
Inc
96
33,751
(a)
Ultragenyx
Pharmaceutical,
Inc
1,203
22,243
(a)
United
Therapeutics
Corp
5,024
9,811
(a),(b)
UroGen
Pharma
Ltd
137
31,395
(a)
Vanda
Pharmaceuticals,
Inc
136
45,372
(a)
Vaxcyte,
Inc
2,313
30,037
(a)
Ventyx
Biosciences,
Inc
1,043
29,297
(a),(b)
Vera
Therapeutics,
Inc
402
36,815
(a)
Veracyte,
Inc
822
24,994
(a)
Vericel
Corp
838
125,856
(a)
Vertex
Pharmaceuticals,
Inc
43,765
23,209
(a),(b)
Verve
Therapeutics,
Inc
308
530,013
Viatris,
Inc
5,226
47,438
(a)
Viking
Therapeutics,
Inc
525
32,800
(a)
Vir
Biotechnology,
Inc
307
16,873
(a)
Viridian
Therapeutics,
Inc
259
19,087
(a),(b)
Vor
BioPharma,
Inc
40
15,628
(a)
Voyager
Therapeutics,
Inc
121
29,140
(a)
Waters
Corp
7,990
29,537
(a),(b)
WaVe
Life
Sciences
Ltd
170
37,278
West
Pharmaceutical
Services,
Inc
13,987
61,355
(a)
X4
Pharmaceuticals,
Inc
67
27,098
(a)
Xencor,
Inc
546
67,913
(a),(b)
Xeris
Biopharma
Holdings,
Inc
126
19,065
(a)
Y-mAbs
Therapeutics,
Inc
104
18,143
(a)
Zentalis
Pharmaceuticals,
Inc
364
17,404
(a),(b)
Zevra
Therapeutics,
Inc
84
230,733
Zoetis,
Inc
40,143
26,472
(a),(b)
Zymeworks,
Inc
168
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
1,618,611
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.1%
62,854
(a)
Anywhere
Real
Estate,
Inc
404
150,369
(a)
CBRE
Group,
Inc
11,106
133,621
(a)
Compass,
Inc
388
66,192
(a)
Cushman
&
Wakefield
plc
504
69,755
DigitalBridge
Group,
Inc
1,226
41,149
Douglas
Elliman,
Inc
93
28,436
(b)
eXp
World
Holdings,
Inc
462
425
(a)
Forestar
Group,
Inc
11
4,942
(a)
FRP
Holdings,
Inc
267
23,806
(a)
Jones
Lang
LaSalle,
Inc
3,361
44,610
Kennedy-Wilson
Holdings,
Inc
658
11,498
Marcus
&
Millichap,
Inc
337
81,428
Newmark
Group,
Inc
524
228,590
(a),(b)
Opendoor
Technologies,
Inc
603
13,117
Re/Max
Holdings,
Inc
170
57,095
(a),(b)
Redfin
Corp
402
5,123
RMR
Group,
Inc
126
18,561
St.
Joe
Co
1,008
CREF
Equity
Index
Account
September
30,
2023
230
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
3,112
(a)
Stratus
Properties,
Inc
$
85
12,164
(a)
Tejon
Ranch
Co
197
20,587
(a)
Zillow
Group,
Inc
(Class
A)
922
74,688
(a)
Zillow
Group,
Inc
(Class
C)
3,448
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
26,302
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
6.5%
24,578
(a)
ACM
Research,
Inc
445
786,497
(a)
Advanced
Micro
Devices,
Inc
80,868
12,826
(a),(b)
Aehr
Test
Systems
586
26,133
(a)
Allegro
MicroSystems,
Inc
835
15,539
(a)
Alpha
&
Omega
Semiconductor
Ltd
464
19,074
(a)
Ambarella,
Inc
1,011
55,705
Amkor
Technology,
Inc
1,259
248,588
Analog
Devices,
Inc
43,525
415,808
Applied
Materials,
Inc
57,569
10,142
(a),(b)
Atomera,
Inc
63
16,075
(a)
Axcelis
Technologies,
Inc
2,621
198,650
Broadcom,
Inc
164,995
15,710
(a)
Ceva,
Inc
305
26,804
(a)
Cirrus
Logic,
Inc
1,982
26,675
(a)
Cohu,
Inc
919
71,388
(a)
Credo
Technology
Group
Holding
Ltd
1,089
23,788
(a)
Diodes,
Inc
1,875
66,786
(a)
Enphase
Energy,
Inc
8,024
72,011
Entegris,
Inc
6,763
51,096
(a)
First
Solar,
Inc
8,257
42,439
(a)
Formfactor,
Inc
1,483
39,047
(a),(b)
GLOBALFOUNDRIES,
Inc
2,272
15,133
(a)
Ichor
Holdings
Ltd
469
13,074
(a)
Impinj,
Inc
719
51,148
(a),(b)
indie
Semiconductor,
Inc
322
2,055,539
Intel
Corp
73,074
5,319
(a)
inTEST
Corp
81
66,997
KLA
Corp
30,729
26,815
Kulicke
&
Soffa
Industries,
Inc
1,304
65,413
Lam
Research
Corp
40,999
68,594
(a)
Lattice
Semiconductor
Corp
5,894
26,755
(a)
MACOM
Technology
Solutions
Holdings,
Inc
2,183
426,190
Marvell
Technology,
Inc
23,070
12,490
(a),(b)
Maxeon
Solar
Technologies
Ltd
145
38,172
(a)
MaxLinear,
Inc
849
260,055
Microchip
Technology,
Inc
20,297
533,343
Micron
Technology,
Inc
36,283
33,135
MKS
Instruments,
Inc
2,868
23,066
Monolithic
Power
Systems,
Inc
10,656
50,806
(a),(b)
Navitas
Semiconductor
Corp
353
2,338
NVE
Corp
192
1,167,529
Nvidia
Corp
507,863
208,183
(a)
ON
Semiconductor
Corp
19,351
21,454
(a)
Onto
Innovation,
Inc
2,736
20,605
(a)
PDF
Solutions,
Inc
668
29,998
(a)
Photronics,
Inc
606
25,919
Power
Integrations,
Inc
1,978
46,313
(a)
Qorvo,
Inc
4,421
545,979
QUALCOMM,
Inc
60,636
53,820
(a)
Rambus,
Inc
3,003
35,296
(a)
Semtech
Corp
909
15,676
(a)
Silicon
Laboratories,
Inc
1,817
7,023
(a)
SiTime
Corp
802
76,111
Skyworks
Solutions,
Inc
7,504
15,494
(a)
SMART
Global
Holdings,
Inc
377
231
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
19,257
(a)
Synaptics,
Inc
$
1,722
75,708
Teradyne,
Inc
7,606
443,980
Texas
Instruments,
Inc
70,597
23,500
(a)
Ultra
Clean
Holdings
697
24,314
Universal
Display
Corp
3,817
34,384
(a)
Veeco
Instruments,
Inc
967
62,345
(a),(b)
Wolfspeed,
Inc
2,375
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
1,338,149
SOFTWARE
&
SERVICES
-
11.5%
65,506
(a)
8x8,
Inc
165
32,215
A10
Networks,
Inc
484
309,681
Accenture
plc
95,106
68,208
(a)
ACI
Worldwide,
Inc
1,539
57,275
Adeia,
Inc
612
224,588
(a)
Adobe,
Inc
114,517
11,056
(a)
Agilysys,
Inc
731
75,911
(a)
Akamai
Technologies,
Inc
8,088
26,945
(a)
Alarm.com
Holdings,
Inc
1,647
15,192
(a)
Alkami
Technology,
Inc
277
24,769
(a)
Altair
Engineering,
Inc
1,550
32,290
(a)
Alteryx,
Inc
1,217
59,006
Amdocs
Ltd
4,985
15,720
American
Software,
Inc
(Class
A)
180
28,669
(a)
Amplitude,
Inc
332
43,227
(a)
Ansys,
Inc
12,862
9,509
(a)
Appfolio,
Inc
1,737
20,140
(a),(b)
Appian
Corp
919
33,758
(a),(b)
Applied
Digital
Corp
211
116,026
(a)
AppLovin
Corp
4,636
40,356
(a)
Asana,
Inc
739
14,242
(a)
Aspentech
Corp
2,909
9,467
(a)
Asure
Software,
Inc
90
70,590
(a)
Atlassian
Corp
Ltd
14,225
105,442
(a)
Autodesk,
Inc
21,817
66,029
(a)
AvePoint,
Inc
444
95,656
Bentley
Systems,
Inc
4,798
24,476
(a)
BigCommerce
Holdings,
Inc
242
49,304
(a)
BILL
Holdings,
Inc
5,353
36,478
(a),(b)
Bit
Digital,
Inc
78
17,422
(a)
Blackbaud,
Inc
1,225
29,853
(a)
BlackLine,
Inc
1,656
66,925
(a)
Box,
Inc
1,620
17,121
(a)
Braze,
Inc
800
20,694
(a)
Brightcove,
Inc
68
29,086
(a),(b)
C3.ai,
Inc
742
131,820
(a)
Cadence
Design
Systems,
Inc
30,885
87,215
(a)
CCC
Intelligent
Solutions
Holdings,
Inc
1,164
22,039
(a)
Cerence,
Inc
449
73,546
(a)
Ceridian
HCM
Holding,
Inc
4,990
17,869
(a),(b)
Cleanspark,
Inc
68
31,897
(b)
Clear
Secure,
Inc
607
144,134
(a)
Cloudflare,
Inc
9,086
242,791
Cognizant
Technology
Solutions
Corp
(Class
A)
16,447
20,876
(a)
Commvault
Systems,
Inc
1,411
92,360
(a)
Confluent,
Inc
2,735
7,805
(a)
Consensus
Cloud
Solutions,
Inc
196
3,649
(a),(b)
CoreCard
Corp
73
13,583
(a)
Couchbase,
Inc
233
104,906
(a)
Crowdstrike
Holdings,
Inc
17,559
6,968
(a)
CS
Disco,
Inc
46
133,433
(a)
Datadog,
Inc
12,154
CREF
Equity
Index
Account
September
30,
2023
232
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
7,264
(a),(b)
Digimarc
Corp
$
236
46,104
(a)
Digital
Turbine,
Inc
279
39,126
(a),(b)
DigitalOcean
Holdings,
Inc
940
103,146
(a)
DocuSign,
Inc
4,332
29,210
Dolby
Laboratories,
Inc
(Class
A)
2,315
15,039
(a)
Domo,
Inc
148
55,975
(a)
DoubleVerify
Holdings,
Inc
1,564
118,133
(a)
Dropbox,
Inc
3,217
113,169
(a)
DXC
Technology
Co
2,357
106,722
(a)
Dynatrace,
Inc
4,987
87,429
(a)
E2open
Parent
Holdings,
Inc
397
17,480
(b)
Ebix,
Inc
173
10,699
(a)
eGain
Corp
66
37,517
(a)
Elastic
NV
3,048
13,046
(a),(b)
Enfusion,
Inc
117
17,890
(a)
EngageSmart,
Inc
322
30,234
(a)
Envestnet,
Inc
1,331
27,283
(a)
EPAM
Systems,
Inc
6,976
21,053
(a)
Everbridge,
Inc
472
12,378
(a)
EverCommerce,
Inc
124
27,561
(a)
Expensify,
Inc
90
11,993
(a)
Fair
Isaac
Corp
10,416
58,075
(a)
Fastly,
Inc
1,113
37,675
(a)
Five9,
Inc
2,422
321,842
(a)
Fortinet,
Inc
18,886
80,143
(a)
Freshworks,
Inc
1,596
37,831
(a)
Gartner,
Inc
12,999
283,454
Gen
Digital,
Inc
5,011
43,093
(a)
Gitlab,
Inc
1,949
21,651
(a)
Globant
S.A.
4,284
74,890
(a)
GoDaddy,
Inc
5,578
15,258
(a)
Grid
Dynamics
Holdings,
Inc
186
46,084
(a)
Guidewire
Software,
Inc
4,148
17,956
Hackett
Group,
Inc
424
46,373
(a)
HashiCorp,
Inc
1,059
22,755
(a)
HubSpot,
Inc
11,207
5,474
(a)
IBEX
Holdings
Ltd
85
17,943
(a)
Informatica,
Inc
378
18,219
Information
Services
Group,
Inc
80
8,870
(a),(b)
Instructure
Holdings,
Inc
225
7,324
(a)
Intapp,
Inc
245
13,365
InterDigital,
Inc
1,072
446,685
International
Business
Machines
Corp
62,670
133,586
Intuit,
Inc
68,254
29,050
(a)
Jamf
Holding
Corp
513
95,867
(a)
Kyndryl
Holdings,
Inc
1,448
35,615
(a)
LiveRamp
Holdings,
Inc
1,027
29,686
(a)
Manhattan
Associates,
Inc
5,868
118,837
(a),(b)
Marathon
Digital
Holdings,
Inc
1,010
112,247
(a),(b)
Matterport,
Inc
244
11,893
(a),(b)
MeridianLink,
Inc
203
3,659,397
Microsoft
Corp
1,155,455
5,471
(a),(b)
MicroStrategy,
Inc
(Class
A)
1,796
22,456
(a),(b)
Mitek
Systems,
Inc
241
14,483
(a)
Model
N,
Inc
354
31,781
(a)
MongoDB,
Inc
10,992
19,169
(a)
N-able,
Inc
247
25,933
(a),(b)
nCino
OpCo,
Inc
825
68,992
(a)
NCR
Corp
1,861
30,030
(a)
New
Relic,
Inc
2,571
105,783
(a)
Nutanix,
Inc
3,690
76,550
(a)
Okta,
Inc
6,240
233
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
46,103
(a)
Olo,
Inc
$
279
4,837
ON24,
Inc
31
21,489
(a)
OneSpan,
Inc
231
746,176
Oracle
Corp
79,035
41,005
(a),(b)
PagerDuty,
Inc
922
933,059
(a)
Palantir
Technologies,
Inc
14,929
146,895
(a)
Palo
Alto
Networks,
Inc
34,438
24,132
Paycom
Software,
Inc
6,257
36,294
(a),(b)
Paycor
HCM,
Inc
829
20,584
(a)
Paylocity
Holding
Corp
3,740
22,404
Pegasystems,
Inc
973
17,663
(a)
Perficient,
Inc
1,022
23,203
(a)
PowerSchool
Holdings,
Inc
526
39,107
(a)
Procore
Technologies,
Inc
2,554
23,997
Progress
Software
Corp
1,262
19,034
(a)
PROS
Holdings,
Inc
659
52,897
(a)
PTC,
Inc
7,494
29,530
(a)
Q2
Holdings,
Inc
953
18,605
(a)
Qualys,
Inc
2,838
31,056
(a)
Rapid7,
Inc
1,422
24,959
(a)
Rimini
Street,
Inc
55
44,149
(a)
RingCentral,
Inc
1,308
73,047
(a),(b)
Riot
Platforms,
Inc
681
52,492
Roper
Industries,
Inc
25,421
465,733
(a)
Salesforce,
Inc
94,441
15,268
Sapiens
International
Corp
NV
434
15,611
(a)
SEMrush
Holdings,
Inc
133
88,419
(a)
SentinelOne,
Inc
1,491
99,445
(a)
ServiceNow,
Inc
55,586
66,115
(a)
Smartsheet,
Inc
2,675
154,483
(a)
Snowflake,
Inc
23,600
19,169
(a)
SolarWinds
Corp
181
69,720
(a),(b)
SoundHound
AI,
Inc
140
4,906
(a)
SoundThinking,
Inc
88
80,215
(a)
Splunk,
Inc
11,731
42,968
(a)
Sprinklr,
Inc
595
24,107
(a)
Sprout
Social,
Inc
1,202
19,690
(a)
SPS
Commerce,
Inc
3,359
16,060
(a)
Squarespace,
Inc
465
74,182
(a)
Synopsys,
Inc
34,047
49,510
(a)
Tenable
Holdings,
Inc
2,218
51,680
(a)
Teradata
Corp
2,327
22,872
(a)
Thoughtworks
Holding,
Inc
93
217,474
(a)
Trade
Desk,
Inc
16,996
6,516
(a),(b)
Tucows,
Inc
133
85,658
(a)
Twilio,
Inc
5,014
21,091
(a)
Tyler
Technologies,
Inc
8,144
192,445
(a)
UiPath,
Inc
3,293
38,674
(a)
Unisys
Corp
133
143,370
(a)
Unity
Software,
Inc
4,500
56,469
(a)
Varonis
Systems,
Inc
1,725
35,164
(a)
Verint
Systems,
Inc
808
43,208
(a)
VeriSign,
Inc
8,751
6,012
(a)
Viant
Technology,
Inc
34
102,737
(a)
VMware,
Inc
(Class
A)
17,104
16,330
(a)
Weave
Communications,
Inc
133
97,141
(a)
Workday,
Inc
20,871
22,930
(a)
Workiva,
Inc
2,324
22,910
(a)
Xperi,
Inc
226
55,032
(a)
Yext,
Inc
348
55,743
(a)
Zeta
Global
Holdings
Corp
465
121,590
(a)
Zoom
Video
Communications,
Inc
8,504
CREF
Equity
Index
Account
September
30,
2023
234
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
41,021
(a)
Zscaler,
Inc
$
6,382
55,037
(a)
Zuora,
Inc
453
TOTAL
SOFTWARE
&
SERVICES
2,378,073
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
7.9%
6,963
(a)
908
Devices,
Inc
46
35,649
ADTRAN
Holdings,
Inc
293
20,999
Advanced
Energy
Industries,
Inc
2,165
41,314
(a),(b)
Aeva
Technologies,
Inc
32
18,515
(a),(b)
Akoustis
Technologies,
Inc
14
285,985
Amphenol
Corp
(Class
A)
24,020
7,337,934
Apple,
Inc
1,256,328
123,543
(a)
Arista
Networks,
Inc
22,723
47,303
(a)
Arlo
Technologies,
Inc
487
25,833
(a)
Arrow
Electronics,
Inc
3,235
5,662
(a)
Aviat
Networks,
Inc
177
24,161
(a)
Avid
Technology,
Inc
649
46,118
Avnet,
Inc
2,222
15,939
Badger
Meter,
Inc
2,293
5,150
Bel
Fuse,
Inc
(Class
B)
246
24,142
Belden
CDT,
Inc
2,331
19,531
Benchmark
Electronics,
Inc
474
28,887
(a)
Calix,
Inc
1,324
4,889
(a),(b)
Cambium
Networks
Corp
36
66,275
CDW
Corp
13,372
79,273
(a)
Ciena
Corp
3,746
2,012,155
Cisco
Systems,
Inc
108,174
8,964
(a),(b)
Clearfield,
Inc
257
2,062
(b)
Climb
Global
Solutions,
Inc
89
83,398
Cognex
Corp
3,539
59,436
(a)
Coherent
Corp
1,940
115,638
(a)
CommScope
Holding
Co,
Inc
389
16,237
Comtech
Telecommunications
Corp
142
378,993
Corning,
Inc
11,548
8,680
(a),(b)
Corsair
Gaming,
Inc
126
17,421
CTS
Corp
727
19,434
(a)
Daktronics,
Inc
173
18,652
(a)
Digi
International,
Inc
504
9,167
(a),(b)
DZS,
Inc
19
24,605
(a)
Eastman
Kodak
Co
104
18,556
(a)
ePlus,
Inc
1,179
43,075
(a),(b)
Evolv
Technologies
Holdings,
Inc
209
62,313
(a)
Extreme
Networks,
Inc
1,509
25,536
(a)
F5
Networks,
Inc
4,115
16,219
(a)
Fabrinet
2,702
9,925
(a)
FARO
Technologies,
Inc
151
58,321
(a)
Harmonic,
Inc
562
639,437
Hewlett
Packard
Enterprise
Co
11,107
409,106
HP,
Inc
10,514
15,475
(b)
Immersion
Corp
102
103,799
(a),(b)
Infinera
Corp
434
14,981
(a)
Insight
Enterprises,
Inc
2,180
60,908
(a),(b)
IonQ,
Inc
906
14,955
(a)
IPG
Photonics
Corp
1,519
21,652
(a),(b)
Iteris,
Inc
90
24,355
(a)
Itron,
Inc
1,475
64,357
Jabil
Inc
8,166
163,210
Juniper
Networks,
Inc
4,536
85,641
(a)
Keysight
Technologies,
Inc
11,331
21,162
(a)
Kimball
Electronics,
Inc
579
28,141
(a)
Knowles
Corp
417
9,450
(a)
KVH
Industries,
Inc
48
235
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
57,291
(a),(b)
Lightwave
Logic,
Inc
$
256
13,151
Littelfuse,
Inc
3,253
36,595
(a)
Lumentum
Holdings,
Inc
1,653
16,008
(a),(b)
Luna
Innovations,
Inc
94
20,833
Methode
Electronics,
Inc
476
86,400
(a),(b)
MicroVision,
Inc
189
70,213
(a)
Mirion
Technologies,
Inc
525
79,923
Motorola
Solutions,
Inc
21,758
15,874
Napco
Security
Technologies,
Inc
353
60,249
National
Instruments
Corp
3,592
106,573
NetApp,
Inc
8,087
16,454
(a)
Netgear,
Inc
207
43,446
(a)
Netscout
Systems,
Inc
1,217
20,535
(a)
nLight,
Inc
214
18,332
(a)
Novanta,
Inc
2,630
9,244
(a)
OSI
Systems,
Inc
1,091
12,941
(a),(b)
PAR
Technology
Corp
499
8,216
PC
Connection,
Inc
439
17,083
(a)
Plexus
Corp
1,588
128,500
(a)
Pure
Storage,
Inc
4,577
37,508
(a)
Ribbon
Communications,
Inc
101
5,943
Richardson
Electronics
Ltd
65
8,376
(a)
Rogers
Corp
1,101
28,498
(a)
Sanmina
Corp
1,547
17,777
(a)
Scansource,
Inc
539
61,017
(a),(b)
SmartRent,
Inc
159
22,759
(a)
Super
Micro
Computer,
Inc
6,241
19,067
SYNNEX
Corp
1,904
22,686
(a)
Teledyne
Technologies,
Inc
9,269
129,908
(a)
Trimble
Inc
6,997
51,948
(a)
TTM
Technologies,
Inc
669
8,166
(a)
Turtle
Beach
Corp
74
1,436
(b)
Ubiquiti,
Inc
209
34,027
(a)
Viasat,
Inc
628
89,946
(a)
Viavi
Solutions,
Inc
822
52,971
Vishay
Intertechnology,
Inc
1,309
9,508
(a)
Vishay
Precision
Group,
Inc
319
71,903
Vontier
Corp
2,223
155,579
(a)
Western
Digital
Corp
7,099
58,625
Xerox
Holdings
Corp
920
26,184
(a)
Zebra
Technologies
Corp
(Class
A)
6,193
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
1,628,861
TELECOMMUNICATION
SERVICES
-
0.8%
7,472
(a)
Anterix,
Inc
234
30,214
(a),(b)
AST
SpaceMobile,
Inc
115
3,523,320
AT&T,
Inc
52,920
7,918
ATN
International,
Inc
250
12,460
(a)
Bandwidth,
Inc
140
55,430
(a),(b)
Charge
Enterprises,
Inc
28
25,280
Cogent
Communications
Group,
Inc
1,565
48,355
(a)
Consolidated
Communications
Holdings,
Inc
165
22,558
(a)
EchoStar
Corp
(Class
A)
378
126,319
(a)
Frontier
Communications
Parent,
Inc
1,977
52,848
(a),(d)
GCI
Liberty,
Inc
0^
331,269
(a),(b)
Globalstar,
Inc
434
13,459
(a)
Gogo,
Inc
161
11,096
(a)
IDT
Corp
245
60,764
Iridium
Communications,
Inc
2,764
29,453
(a)
Liberty
Latin
America
Ltd
(Class
A)
240
84,348
(a)
Liberty
Latin
America
Ltd
(Class
C)
688
529,866
(b)
Lumen
Technologies,
Inc
752
CREF
Equity
Index
Account
September
30,
2023
236
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
13,047
(a)
Ooma,
Inc
$
170
26,373
Shenandoah
Telecom
Co
543
8,527
Spok
Holdings,
Inc
122
55,138
Telephone
and
Data
Systems,
Inc
1,010
260,520
(a)
T-Mobile
US,
Inc
36,486
2,069,662
Verizon
Communications,
Inc
67,078
TOTAL
TELECOMMUNICATION
SERVICES
168,465
TRANSPORTATION
-
1.8%
37,928
(a)
Air
Transport
Services
Group,
Inc
791
60,779
(a)
Alaska
Air
Group,
Inc
2,254
8,270
Allegiant
Travel
Co
636
4,307
(a),(b)
Amerco,
Inc
235
308,882
(a)
American
Airlines
Group,
Inc
3,957
13,812
ArcBest
Corp
1,404
8,746
(a)
Avis
Budget
Group,
Inc
1,572
28,768
(a),(b)
Blade
Air
Mobility,
Inc
74
56,673
CH
Robinson
Worldwide,
Inc
4,881
23,634
Costamare,
Inc
227
8,672
Covenant
Logistics
Group,
Inc
380
992,749
CSX
Corp
30,527
14,173
(a)
Daseke,
Inc
73
316,616
Delta
Air
Lines,
Inc
11,715
4,116
(b)
Eagle
Bulk
Shipping,
Inc
173
12,349
(b)
Eneti,
Inc
124
74,412
Expeditors
International
Washington,
Inc
8,530
113,143
FedEx
Corp
29,974
14,836
Forward
Air
Corp
1,020
18,987
(a),(b)
Frontier
Group
Holdings,
Inc
92
49,956
FTAI
Infrastructure,
Inc
161
17,525
Genco
Shipping
&
Trading
Ltd
245
62,934
Golden
Ocean
Group
Ltd
496
58,331
(a)
GXO
Logistics,
Inc
3,421
27,588
(a)
Hawaiian
Holdings,
Inc
175
26,012
Heartland
Express,
Inc
382
47,325
(a)
Hertz
Global
Holdings,
Inc
580
18,067
(a)
Hub
Group,
Inc
(Class
A)
1,419
40,450
JB
Hunt
Transport
Services,
Inc
7,626
124,072
(a)
JetBlue
Airways
Corp
571
128,773
(a),(b)
Joby
Aviation,
Inc
831
25,265
(a)
Kirby
Corp
2,092
79,606
Knight-Swift
Transportation
Holdings,
Inc
3,992
17,753
Landstar
System,
Inc
3,141
154,071
(a)
Lyft,
Inc
(Class
A)
1,624
34,852
Marten
Transport
Ltd
687
17,593
Matson,
Inc
1,561
113,184
Norfolk
Southern
Corp
22,289
49,144
Old
Dominion
Freight
Line
20,107
18,024
(b)
Pangaea
Logistics
Solutions
Ltd
106
29,335
(a)
Radiant
Logistics,
Inc
166
52,508
(a)
RXO,
Inc
1,036
22,093
Ryder
System,
Inc
2,363
33,371
(b)
Safe
Bulkers,
Inc
108
13,620
(a)
Saia,
Inc
5,430
22,723
Schneider
National,
Inc
629
28,022
(a)
Skywest,
Inc
1,175
299,691
Southwest
Airlines
Co
8,113
50,261
Spirit
Airlines,
Inc
829
9,455
(a)
Sun
Country
Airlines
Holdings,
Inc
140
71,175
(a),(b)
TuSimple
Holdings,
Inc
111
946,714
(a)
Uber
Technologies,
Inc
43,539
38,763
U-Haul
Holding
Co
2,031
237
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
301,044
Union
Pacific
Corp
$
61,302
150,341
(a)
United
Airlines
Holdings,
Inc
6,359
352,743
United
Parcel
Service,
Inc
(Class
B)
54,982
6,297
Universal
Truckload
Services,
Inc
158
36,247
Werner
Enterprises,
Inc
1,412
52,508
(a)
XPO,
Inc
3,920
TOTAL
TRANSPORTATION
363,948
UTILITIES
-
2.3%
344,146
AES
Corp
5,231
29,387
Allete,
Inc
1,552
129,301
Alliant
Energy
Corp
6,265
21,469
(a),(b)
Altus
Power,
Inc
113
128,677
Ameren
Corp
9,629
257,385
American
Electric
Power
Co,
Inc
19,360
20,132
American
States
Water
Co
1,584
97,164
American
Water
Works
Co,
Inc
12,032
4,909
Artesian
Resources
Corp
206
69,836
Atmos
Energy
Corp
7,398
36,552
(b)
Avangrid,
Inc
1,103
33,562
Avista
Corp
1,086
34,402
Black
Hills
Corp
1,740
46,153
(b)
Brookfield
Infrastructure
Corp
1,631
72,027
(b)
Brookfield
Renewable
Corp
1,724
27,522
California
Water
Service
Group
1,302
307,461
Centerpoint
Energy,
Inc
8,255
9,405
Chesapeake
Utilities
Corp
919
10,556
Clearway
Energy,
Inc
(Class
A)
210
20,458
Clearway
Energy,
Inc
(Class
C)
433
148,205
CMS
Energy
Corp
7,871
165,615
Consolidated
Edison,
Inc
14,165
7,347
(b)
Consolidated
Water
Co,
Inc
209
158,171
Constellation
Energy
Corp
17,253
416,805
Dominion
Energy,
Inc
18,619
102,627
DTE
Energy
Co
10,189
384,399
Duke
Energy
Corp
33,927
186,837
Edison
International
11,825
106,399
Entergy
Corp
9,842
120,927
Essential
Utilities,
Inc
4,151
112,667
Evergy,
Inc
5,712
177,794
Eversource
Energy
10,339
495,525
Exelon
Corp
18,726
263,997
FirstEnergy
Corp
9,023
9,688
(b)
Genie
Energy
Ltd
143
6,410
Global
Water
Resources,
Inc
62
23,041
Idacorp,
Inc
2,158
22,843
MGE
Energy,
Inc
1,565
11,759
Middlesex
Water
Co
779
33,009
(a),(b)
Montauk
Renewables,
Inc
301
44,095
National
Fuel
Gas
Co
2,289
52,723
New
Jersey
Resources
Corp
2,142
991,138
NextEra
Energy,
Inc
56,782
209,437
NiSource,
Inc
5,169
14,483
Northwest
Natural
Holding
Co
553
27,636
NorthWestern
Corp
1,328
115,066
NRG
Energy,
Inc
4,432
96,380
OGE
Energy
Corp
3,212
27,567
ONE
Gas,
Inc
1,882
24,734
(b)
Ormat
Technologies,
Inc
1,729
16,819
(b)
Otter
Tail
Corp
1,277
982,053
(a),(e)
PG&E
Corp
15,841
55,268
Pinnacle
West
Capital
Corp
4,072
CREF
Equity
Index
Account
September
30,
2023
238
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
42,847
PNM
Resources,
Inc
$
1,911
40,332
Portland
General
Electric
Co
1,633
359,446
PPL
Corp
8,469
246,452
Public
Service
Enterprise
Group,
Inc
14,026
11,616
(a)
Pure
Cycle
Corp
111
309,350
Sempra
Energy
21,045
12,005
SJW
Corp
722
529,999
Southern
Co
34,302
31,668
Southwest
Gas
Holdings
Inc
1,913
21,354
Spire,
Inc
1,208
46,961
(a),(b)
Sunnova
Energy
International,
Inc
492
105,006
UGI
Corp
2,415
10,272
Unitil
Corp
439
170,465
Vistra
Corp
5,656
151,716
WEC
Energy
Group,
Inc
12,221
273,699
Xcel
Energy,
Inc
15,661
9,006
York
Water
Co
338
TOTAL
UTILITIES
481,902
TOTAL
COMMON
STOCKS
20,571,748
(Cost
$7,624,623)
EXPIRATION
DATE
RIGHTS/WARRANTS
-
0.0%
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.0%
7,917
(d)
Chinook
Therapeutics,
Inc
1
6,981
(d)
Tobira
Therapeutics,
Inc
0^
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
1
TOTAL
RIGHTS/WARRANTS
1
(Cost
$1)
TOTAL
LONG-TERM
INVESTMENTS
20,571,749‌
(Cost
$7,624,624)
PRINCIPAL
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS
-
0.4%
GOVERNMENT
AGENCY
DEBT
-
0.1%
$
10,000,000
Federal
Home
Loan
Bank
(FHLB)
0.000
%
10/11/23
9,987
15,000,000
FHLB
0.000
10/13/23
14,976
5,000,000
FHLB
0.000
11/02/23
4,978
TOTAL
GOVERNMENT
AGENCY
DEBT
29,941
REPURCHASE
AGREEMENT
-
0.1%
11,558,000
(f)
Fixed
Income
Clearing
Corp
(FICC)
5.300
10/02/23
11,558
TOTAL
REPURCHASE
AGREEMENT
11,558
TREASURY
DEBT
-
0.2%
10,000,000
United
States
Treasury
Bill
0.000
10/17/23
9,978
22,000,000
United
States
Treasury
Bill
0.000
11/02/23
21,900
TOTAL
TREASURY
DEBT
31,878
TOTAL
SHORT-TERM
INVESTMENTS
73,377
(Cost
$73,367)
239
See
Notes
to
Portfolio
of
Investments
Cost
amounts
are
in
thousands.
SHARES
COMPANY
RATE
VALUE
(000)
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.4%
90,879,291
(g)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5.360
%
$
90,879
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
90,879
(Cost
$90,879)
TOTAL
INVESTMENTS
-
100.4%
20,736,005
(Cost
$7,788,870)
OTHER
ASSETS
&
LIABILITIES,
NET
-
(0.4)%
(81,193)
NET
ASSETS
-
100.0%
$20,654,812
REIT
Real
Estate
Investment
Trust
^
Amount
represents
less
than
$1,000.
(a)
Non-income
producing
(b)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$129,402,118.
(c)
All
or
a
portion
of
these
securities
have
been
segregated
to
cover
margin
requirements
on
open
futures
contracts.
(d)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(e)
In
default
(f)
In
bankruptcy
(g)
Agreement
with
Fixed
Income
Clearing
Corp
(FICC),
5.300%
dated
9/29/23
to
be
repurchased
at
$11,558,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
4.625%
and
maturity
date
9/15/26,
valued
at
$11,789,193.
(h)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
Futures
Contracts
-
Long
Description
Number
of
Contracts
(000)
Expiration
Date
Notional
Amount
(000)
Value
(000)
Unrealized
Appreciation
(Depreciation)
(000)
S&P
500
E
Mini
Index
295‌
12/15/23
 $
66,520‌
$
63,801‌
$
(2,719‌)
CREF
Core
Bond
Account
September
30,
2023
Portfolio
of
Investments
240
See
Notes
to
Portfolio
of
Investments
(Unaudited)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
LONG-TERM
INVESTMENTS
-
97.6%
BANK
LOAN
OBLIGATIONS
-
0.4%
AUTOMOBILES
&
COMPONENTS
-
0.0%
$
378,938
(a)
Adient
US
LLC
SOFR
12
M
+
3.250%
8.696
%
04/10/28
$
380
1,439,832
(a)
Gates
Global
LLC
SOFR
12
M
+
2.500%
7.931
03/31/27
1,438
TOTAL
AUTOMOBILES
&
COMPONENTS
1,818
CAPITAL
GOODS
-
0.0%
1,156,877
(a)
Alliance
Laundry
Systems
LLC
SOFR
4
M
+
3.500%
8.901
10/08/27
1,158
174,057
(a)
Avolon
TLB
Borrower  US
LLC
SOFR
1
M
+
2.500%
7.825
06/22/28
174
217,688
(a)
Avolon
TLB
Borrower
US
LLC
SOFR
1
M
+
1.500%
6.925
02/12/27
218
579,137
(a)
Beacon
Roofing
Supply,
Inc
SOFR
12
M
+
2.250%
7.696
05/19/28
580
346,848
(a)
Cornerstone
Building
Brands,
Inc
SOFR
1
M
+
3.250%
8.682
04/12/28
339
905,970
(a)
TransDigm,
Inc
LIBOR
3
M
+
2.250%
6.980
05/30/25
907
976,452
(a)
TransDigm,
Inc
SOFR
4
M
+
3.250%
8.492
02/22/27
979
TOTAL
CAPITAL
GOODS
4,355
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.1%
463,572
(a)
AECOM
SOFR
12
M
+
1.750%
7.196
04/13/28
465
654,435
(a)
GFL
Environmental,
Inc
LIBOR
3
M
+
3.000%
3.000
05/31/25
656
1,805,866
(a)
Prime
Security
Services
Borrower
LLC
SOFR
12
M
+
2.750%
8.192
09/23/26
1,805
549,751
(a)
Spin
Holdco,
Inc
LIBOR
3
M
+
4.000%
9.664
03/04/28
477
2,496,289
(a)
Trans
Union
LLC
SOFR
12
M
+
2.250%
7.696
12/01/28
2,498
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
5,901
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.0%
533,975
(a),(b)
LS
Group
OpCo
Acquisition
LLC
SOFR
12
M
+
3.250%
8.692
11/02/27
532
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
532
CONSUMER
DURABLES
&
APPAREL
-
0.0%
421,846
(a)
Weber-Stephen
Products
LLC
SOFR
12
M
+
3.250%
8.696
10/30/27
382
TOTAL
CONSUMER
DURABLES
&
APPAREL
382
CONSUMER
SERVICES
-
0.1%
431,361
1011778
BC
ULC
7.566
09/13/30
430
857,120
(a)
Carnival
Corp
SOFR
12
M
+
3.250%
8.696
10/18/28
854
356,781
(a)
IRB
Holding
Corp
SOFR
12
M
+
3.000%
8.431
12/15/27
356
937,252
(a)
KFC
Holding
Co
SOFR
1
M
+
1.750%
7.195
03/15/28
938
1,509,945
(a)
Sophia
LP
LIBOR
1
M
+
3.750%
8.230
10/07/27
1,509
1,430,751
(a)
Stars
Group
Holdings
BV
SOFR
4
M
+
2.250%
7.754
07/21/26
1,432
TOTAL
CONSUMER
SERVICES
5,519
ENERGY
-
0.0%
1,409,113
(a)
Buckeye
Partners
LP
SOFR
12
M
+
2.250%
7.666
11/01/26
1,410
128,567
(a)
DT
Midstream,
Inc
SOFR
12
M
+
2.000%
7.446
06/26/28
129
TOTAL
ENERGY
1,539
FINANCIAL
SERVICES
-
0.0%
613,416
(a)
Lions
Gate
Capital
Holdings
LLC
SOFR
12
M
+
2.250%
7.681
03/24/25
613
TOTAL
FINANCIAL
SERVICES
613
FOOD,
BEVERAGE
&
TOBACCO
-
0.0%
241,644
(a)
Arterra
Wines
Canada,
Inc
SOFR
4
M
+
3.500%
9.004
11/24/27
232
425,023
(a)
Chobani
LLC
SOFR
12
M
+
3.500%
8.946
10/25/27
426
520,853
(a)
Hostess
Brands
LLC
LIBOR
1
M
+
2.250%
7.523
08/03/25
523
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
1,181
241
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.0%
$
1
(a)
Da
Vinci
Purchaser
Corp
SOFR
1
M
+
4.000%
8.953
%
11/26/26
$
0^
691,848
(a)
DaVita,
Inc
SOFR
12
M
+
1.750%
7.196
08/12/26
684
2,125,773
(a)
Select
Medical
Corp
SOFR
12
M
+
3.000%
8.331
03/06/27
2,123
167,984
(a)
Team
Health
Holdings,
Inc
SOFR
12
M
+
5.250%
10.581
03/02/27
129
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
2,936
INSURANCE
-
0.0%
1,408,752
(a)
NFP
Corp
SOFR
12
M
+
3.250%
8.696
02/15/27
1,394
TOTAL
INSURANCE
1,394
MATERIALS
-
0.0%
1,239,403
(a)
Asplundh
Tree
Expert
LLC
SOFR
12
M
+
1.750%
7.181
09/07/27
1,239
844,890
(a)
Berry
Global,
Inc
SOFR
4
M
+
1.750%
7.293
07/01/26
846
251,595
(a)
Messer
Industries
USA,
Inc
SOFR
4
M
+
2.500%
8.004
03/02/26
252
437,596
(a)
PolyOne
Corp
SOFR
4
M
+
3.060%
8.426
01/30/26
439
282,059
(a)
Reynolds
Consumer
Products
LLC
SOFR
12
M
+
1.750%
7.181
02/04/27
282
736,623
(a)
Reynolds
Group
Holdings,
Inc
SOFR
12
M
+
3.250%
8.696
02/05/26
737
TOTAL
MATERIALS
3,795
MEDIA
&
ENTERTAINMENT
-
0.1%
301,463
(a)
Cablevision
Lightpath
LLC
SOFR
1
M
+
3.250%
8.697
12/01/27
298
1,401,748
(a)
Charter
Communications
Operating
LLC
SOFR
4
M
+
1.750%
7.116
02/01/27
1,402
693,916
(a)
CNT
Holdings
I
Corp
SOFR
4
M
+
3.500%
8.800
11/08/27
693
509,825
(a)
CSC
Holdings
LLC
SOFR
1
M
+
2.500%
7.947
04/15/27
463
967,725
(a),(c)
Diamond
Sports
Group
LLC
SOFR
1
M
+
3.250%
8.000
05/25/26
23
837,587
(a)
DIRECTV
Financing
LLC
SOFR
12
M
+
5.000%
10.446
08/02/27
821
574,707
(a)
Mozart
Borrower
LP
SOFR
12
M
+
3.250%
8.696
10/23/28
574
488,744
(a)
Rackspace
Technology
Global,
Inc
SOFR
1
M
+
2.750%
8.194
02/09/28
225
8,877
(a)
Radiate
Holdco
LLC
SOFR
12
M
+
3.250%
8.696
09/25/26
7
1,267,121
(a)
TK
Elevator
US
Newco,
Inc
SOFR
2M
+
3.500%
9.381
07/30/27
1,266
1,642,000
(a)
Virgin
Media
Bristol
LLC
SOFR
1
M
+
2.500%
7.947
01/31/28
1,599
TOTAL
MEDIA
&
ENTERTAINMENT
7,371
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.0%
290,936
(a)
Avantor,
Inc
SOFR
12
M
+
2.250%
7.681
11/08/27
291
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
291
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.0%
50,884
(a)
Cushman
&
Wakefield
plc
SOFR
12
M
+
2.750%
8.183
08/21/25
51
519,079
(a)
Cushman
&
Wakefield
US
Borrower
LLC
SOFR
12
M
+
2.750%
8.196
08/21/25
512
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
563
SOFTWARE
&
SERVICES
-
0.1%
265,223
(a)
Camelot
Finance
S.A.
SOFR
12
M
+
3.000%
8.446
10/30/26
266
601,798
(a)
Camelot
US
Acquisition
SOFR
12
M
+
3.000%
8.446
10/30/26
602
1,703,659
(a)
NortonLifeLock,
Inc
SOFR
12
M
+
2.000%
7.431
09/12/29
1,700
702,615
(a)
Rocket
Software,
Inc
SOFR
12
M
+
4.250%
9.696
11/28/25
703
1,156,991
(a)
UKG,
Inc
SOFR
4
M
+
3.250%
8.618
05/04/26
1,155
TOTAL
SOFTWARE
&
SERVICES
4,426
TELECOMMUNICATION
SERVICES
-
0.0%
455,553
(a)
Zayo
Group
Holdings,
Inc
SOFR
12
M
+
3.000%
8.446
03/09/27
373
TOTAL
TELECOMMUNICATION
SERVICES
373
TRANSPORTATION
-
0.0%
399,938
(a)
Air
Canada
SOFR
4
M
+
3.500%
9.128
08/11/28
401
504,900
(a)
SkyMiles
IP
Ltd
SOFR
4
M
+
3.750%
9.076
10/20/27
523
TOTAL
TRANSPORTATION
924
CREF
Core
Bond
Account
September
30,
2023
242
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
UTILITIES
-
0.0%
$
168,171
(a)
Samsonite
IP
Holdings
Sarl
SOFR
1
M
+
2.750%
8.081
%
06/09/30
$
169
TOTAL
UTILITIES
169
TOTAL
BANK
LOAN
OBLIGATIONS
44,082
(Cost
$45,585)
CORPORATE
BONDS
-
32.5%
AUTOMOBILES
&
COMPONENTS
-
1.0%
EUR
300,000
Aptiv
plc
1.500
03/10/25
305
EUR
500,000
(d)
Dana
Financing
Luxembourg
Sarl
3.000
07/15/29
411
225,000
Dana,
Inc
5.375
11/15/27
208
350,000
(e)
Dana,
Inc
5.625
06/15/28
320
8,080,000
Ford
Motor
Credit
Co
LLC
6.950
03/06/26
8,067
4,525,000
Ford
Motor
Credit
Co
LLC
7.350
03/06/30
4,582
8,250,000
General
Motors
Co
6.125
10/01/25
8,243
3,800,000
General
Motors
Co
5.400
10/15/29
3,622
5,500,000
General
Motors
Co
5.200
04/01/45
4,276
GBP
200,000
General
Motors
Financial
Co,
Inc
2.250
09/06/24
235
20,000,000
General
Motors
Financial
Co,
Inc
2.750
06/20/25
18,828
2,750,000
General
Motors
Financial
Co,
Inc
6.050
10/10/25
2,738
19,850,000
General
Motors
Financial
Co,
Inc
5.000
04/09/27
19,054
EUR
500,000
General
Motors
Financial
Co,
Inc
0.600
05/20/27
459
6,250,000
General
Motors
Financial
Co,
Inc
5.850
04/06/30
5,987
12,000,000
General
Motors
Financial
Co,
Inc
2.700
06/10/31
9,184
5,450,000
General
Motors
Financial
Co,
Inc
5.700
N/A(f)
4,658
EUR
205,000
(d)
Goodyear
Europe
BV
2.750
08/15/28
179
3,575,000
(d)
Hyundai
Capital
Services,
Inc
2.125
04/24/25
3,363
EUR
400,000
(d),(g)
IHO
Verwaltungs
GmbH
3.750
09/15/26
396
4,450,000
Magna
International,
Inc
3.625
06/15/24
4,379
EUR
300,000
Volkswagen
Bank
GmbH
2.500
07/31/26
299
150,000
(d)
ZF
North
America
Capital,
Inc
6.875
04/14/28
147
TOTAL
AUTOMOBILES
&
COMPONENTS
99,940
BANKS
-
6.9%
2,000,000
(d)
Akbank
T.A.S.
6.800
06/22/31
1,872
1,775,000
(d)
Banco
de
Credito
del
Peru
3.125
07/01/30
1,629
2,500,000
(d)
Banco
de
Credito
e
Inversiones
S.A.
2.875
10/14/31
1,999
3,000,000
(d)
Banco
del
Estado
de
Chile
2.704
01/09/25
2,865
EUR
400,000
Banco
Santander
S.A.
0.200
02/11/28
356
400,000
Banco
Santander
S.A.
7.500
N/A(f)
389
2,650,000
Bancolombia
S.A.
4.625
12/18/29
2,282
2,750,000
(d)
Banistmo
S.A.
4.250
07/31/27
2,453
8,100,000
(d)
Bank
Hapoalim
BM
3.255
01/21/32
6,905
6,300,000
(d)
Bank
Leumi
Le-Israel
BM
3.275
01/29/31
5,618
EUR
400,000
Bank
of
America
Corp
1.375
03/26/25
407
EUR
300,000
Bank
of
America
Corp
1.776
05/04/27
297
11,500,000
Bank
of
America
Corp
5.202
04/25/29
11,078
34,450,000
Bank
of
America
Corp
2.496
02/13/31
27,610
55,925,000
Bank
of
America
Corp
2.592
04/29/31
44,941
8,200,000
Bank
of
America
Corp
5.015
07/22/33
7,544
39,000,000
Bank
of
America
Corp
5.288
04/25/34
36,290
9,650,000
Bank
of
America
Corp
5.872
09/15/34
9,391
26,750,000
Bank
of
America
Corp
2.676
06/19/41
17,130
5,000,000
Bank
of
America
Corp
6.250
N/A(f)
4,919
3,000,000
Bank
of
America
Corp
6.100
N/A(f)
2,938
2,975,000
Bank
of
Montreal
3.803
12/15/32
2,599
GBP
300,000
Banque
Federative
du
Credit
Mutuel
S.A.
4.875
09/25/25
359
9,475,000
Barclays
plc
3.932
05/07/25
9,330
243
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
6,075,000
Barclays
plc
3.330
%
11/24/42
$
3,875
5,600,000
(d)
BNP
Paribas
S.A.
1.904
09/30/28
4,738
5,000,000
(d)
BNP
Paribas
S.A.
2.159
09/15/29
4,123
2,775,000
(d)
BNP
Paribas
S.A.
2.588
08/12/35
2,081
36,375,000
Citigroup,
Inc
3.200
10/21/26
33,582
11,970,000
Citigroup,
Inc
4.125
07/25/28
10,890
7,125,000
Citigroup,
Inc
2.572
06/03/31
5,682
15,100,000
Citigroup,
Inc
4.910
05/24/33
13,740
39,225,000
Citigroup,
Inc
6.270
11/17/33
39,109
1,725,000
Citigroup,
Inc
6.174
05/25/34
1,649
6,750,000
Citigroup,
Inc
7.625
N/A(f)
6,585
5,000,000
Citigroup,
Inc
5.000
N/A(f)
4,728
8,425,000
Cooperatieve
Rabobank
UA
3.750
07/21/26
7,845
6,100,000
(d)
Credit
Agricole
S.A.
4.125
01/10/27
5,744
GBP
600,000
Danske
Bank
A.S.
2.250
01/14/28
638
2,450,000
(d)
DBS
Group
Holdings
Ltd
4.520
12/11/28
2,442
2,975,000
(d)
Development
Bank
of
Kazakhstan
JSC
2.950
05/06/31
2,339
7,525,000
Discover
Bank
2.450
09/12/24
7,233
7,305,000
Discover
Bank
3.450
07/27/26
6,644
3,750,000
Discover
Bank
2.700
02/06/30
2,916
3,325,000
(d)
Grupo
Aval
Ltd
4.375
02/04/30
2,531
2,880,000
(d)
Hana
Bank
3.500
N/A(f)
2,558
9,925,000
HSBC
Holdings
plc
4.292
09/12/26
9,536
6,200,000
HSBC
Holdings
plc
2.013
09/22/28
5,262
12,400,000
HSBC
Holdings
plc
7.390
11/03/28
12,828
11,925,000
HSBC
Holdings
plc
2.206
08/17/29
9,829
3,750,000
HSBC
Holdings
plc
3.973
05/22/30
3,298
7,000,000
Huntington
Bancshares,
Inc
5.625
N/A(f)
6,158
EUR
500,000
ING
Groep
NV
1.250
02/16/27
490
2,125,000
(d)
Intercorp
Financial
Services,
Inc
4.125
10/19/27
1,880
200,000
(d)
Intesa
Sanpaolo
S.p.A
4.198
06/01/32
147
31,125,000
JPMorgan
Chase
&
Co
2.301
10/15/25
29,854
14,600,000
JPMorgan
Chase
&
Co
3.200
06/15/26
13,727
8,325,000
JPMorgan
Chase
&
Co
4.323
04/26/28
7,899
EUR
600,000
JPMorgan
Chase
&
Co
1.638
05/18/28
577
10,500,000
JPMorgan
Chase
&
Co
3.702
05/06/30
9,365
6,925,000
JPMorgan
Chase
&
Co
1.953
02/04/32
5,252
19,775,000
JPMorgan
Chase
&
Co
4.912
07/25/33
18,194
24,425,000
JPMorgan
Chase
&
Co
5.350
06/01/34
23,162
2,625,000
JPMorgan
Chase
&
Co
2.525
11/19/41
1,649
10,750,000
JPMorgan
Chase
&
Co
3.157
04/22/42
7,386
5,500,000
JPMorgan
Chase
&
Co
5.000
N/A(f)
5,316
11,100,000
JPMorgan
Chase
&
Co
6.100
N/A(f)
10,969
6,250,000
JPMorgan
Chase
&
Co
3.650
N/A(f)
5,455
5,950,000
M&T
Bank
Corp
3.500
N/A(f)
4,184
3,675,000
(d)
Mizrahi
Tefahot
Bank
Ltd
3.077
04/07/31
3,203
5,700,000
NatWest
Group
plc
5.516
09/30/28
5,515
2,100,000
(d)
Oversea-Chinese
Banking
Corp
Ltd
1.832
09/10/30
1,930
6,000,000
PNC
Financial
Services
Group,
Inc
3.900
04/29/24
5,925
7,465,000
PNC
Financial
Services
Group,
Inc
3.400
N/A(f)
5,522
CNY
8,000,000
QNB
Finance
Ltd
3.150
02/04/26
1,068
7,800,000
Sumitomo
Mitsui
Financial
Group,
Inc
1.474
07/08/25
7,215
11,700,000
Toronto-Dominion
Bank
4.285
09/13/24
11,512
2,350,000
Toronto-Dominion
Bank
3.625
09/15/31
2,174
2,400,000
Truist
Financial
Corp
4.000
05/01/25
2,317
5,000,000
Truist
Financial
Corp
4.950
N/A(f)
4,598
9,000,000
Truist
Financial
Corp
4.800
N/A(f)
7,715
1,600,000
(d)
Turkiye
Vakiflar
Bankasi
TAO
5.500
10/01/26
1,478
3,000,000
(d)
United
Overseas
Bank
Ltd
1.250
04/14/26
2,704
2,350,000
(d)
United
Overseas
Bank
Ltd
3.750
04/15/29
2,320
3,500,000
(d)
United
Overseas
Bank
Ltd
2.000
10/14/31
3,104
3,700,000
Wells
Fargo
&
Co
3.750
01/24/24
3,673
CREF
Core
Bond
Account
September
30,
2023
244
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
5,300,000
Wells
Fargo
&
Co
3.550
%
09/29/25
$
5,066
14,075,000
Wells
Fargo
&
Co
3.526
03/24/28
12,926
16,375,000
Wells
Fargo
&
Co
2.393
06/02/28
14,360
6,000,000
Wells
Fargo
&
Co
5.900
N/A(f)
5,880
10,000,000
Wells
Fargo
&
Co
3.900
N/A(f)
8,734
8,500,000
Wells
Fargo
&
Co
5.875
N/A(f)
8,335
5,775,000
Wells
Fargo
&
Co
7.625
N/A(f)
5,822
4,521,000
Westpac
Banking
Corp
2.668
11/15/35
3,387
TOTAL
BANKS
701,773
CAPITAL
GOODS
-
0.9%
3,250,000
Air
Lease
Corp
3.125
12/01/30
2,646
25,400,000
Boeing
Co
2.196
02/04/26
23,322
5,350,000
Boeing
Co
3.250
02/01/28
4,824
7,600,000
Boeing
Co
2.950
02/01/30
6,394
3,352,000
Boeing
Co
3.250
02/01/35
2,577
3,350,000
Boeing
Co
5.705
05/01/40
3,091
8,425,000
Boeing
Co
5.805
05/01/50
7,629
1,300,000
(d)
Embraer
Netherlands
Finance
BV
7.000
07/28/30
1,289
EUR
500,000
Honeywell
International,
Inc
0.000
03/10/24
519
7,275,000
Northrop
Grumman
Corp
3.250
01/15/28
6,672
15,300,000
Raytheon
Technologies
Corp
4.125
11/16/28
14,267
EUR
500,000
Raytheon
Technologies
Corp
2.150
05/18/30
460
5,575,000
Raytheon
Technologies
Corp
2.250
07/01/30
4,485
4,850,000
Raytheon
Technologies
Corp
5.150
02/27/33
4,593
5,390,000
Raytheon
Technologies
Corp
4.500
06/01/42
4,409
EUR
800,000
Thermo
Fisher
Scientific
Finance
I
BV
0.800
10/18/30
683
5,425,000
Trane
Technologies
Luxembourg
Finance
S.A.
3.800
03/21/29
4,998
4,000,000
(d)
TSMC
Global
Ltd
1.000
09/28/27
3,370
300,000
(d)
WESCO
Distribution,
Inc
7.250
06/15/28
301
TOTAL
CAPITAL
GOODS
96,529
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.2%
EUR
1,000,000
(d)
Albion
Financing
1
SARL
5.250
10/15/26
999
EUR
250,000
(d)
Allied
Universal
Holdco
LLC
3.625
06/01/28
217
325,000
(d)
ASGN,
Inc
4.625
05/15/28
290
250,000
(d)
GFL
Environmental,
Inc
4.250
06/01/25
240
1,000,000
(d)
GFL
Environmental,
Inc
3.750
08/01/25
948
3,075,000
(d)
H&E
Equipment
Services,
Inc
3.875
12/15/28
2,626
CNY
9,000,000
International
Bank
for
Reconstruction
&
Development
3.050
03/16/24
1,229
3,845,000
(d)
Iron
Mountain,
Inc
7.000
02/15/29
3,761
1,880,000
(d)
Prime
Security
Services
Borrower
LLC
5.250
04/15/24
1,867
2,000,000
(d)
Prime
Security
Services
Borrower
LLC
5.750
04/15/26
1,940
1,325,000
(d)
Prime
Security
Services
Borrower
LLC
3.375
08/31/27
1,161
725,000
(d)
Prime
Security
Services
Borrower
LLC
6.250
01/15/28
671
3,771,000
Republic
Services,
Inc
2.900
07/01/26
3,527
2,525,000
Waste
Management,
Inc
2.500
11/15/50
1,431
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
20,907
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.4%
5,575,000
AutoZone,
Inc
1.650
01/15/31
4,192
550,000
(d)
Group
1
Automotive,
Inc
4.000
08/15/28
478
200,000
(d)
Kia
Corp
2.750
02/14/27
181
925,000
(d)
L
Brands,
Inc
6.625
10/01/30
867
875,000
(d)
Lithia
Motors,
Inc
4.625
12/15/27
799
8,850,000
Lowe's
Cos,
Inc
4.250
04/01/52
6,529
5,100,000
O'Reilly
Automotive,
Inc
3.550
03/15/26
4,856
6,875,000
O'Reilly
Automotive,
Inc
3.600
09/01/27
6,420
4,075,000
O'Reilly
Automotive,
Inc
4.200
04/01/30
3,717
12,400,000
O'Reilly
Automotive,
Inc
1.750
03/15/31
9,452
5,050,000
(d)
Prosus
NV
4.987
01/19/52
3,323
245
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
3,000,000
(d)
Staples,
Inc
7.500
%
04/15/26
$
2,467
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
43,281
CONSUMER
DURABLES
&
APPAREL
-
0.0%
149,000
Newell
Brands,
Inc
4.875
06/01/25
143
TOTAL
CONSUMER
DURABLES
&
APPAREL
143
CONSUMER
SERVICES
-
0.5%
9,820,000
Amherst
College
4.100
11/01/45
7,552
3,800,000
(d)
ENA
Master
Trust
4.000
05/19/48
2,722
125,000
(d)
Hilton
Domestic
Operating
Co,
Inc
5.750
05/01/28
121
1,151,000
(d)
International
Game
Technology
plc
6.500
02/15/25
1,149
8,000,000
President
and
Fellows
of
Harvard
College
3.529
10/01/31
7,181
14,250,000
President
and
Fellows
of
Harvard
College
3.619
10/01/37
11,752
1,000,000
(e)
Sands
China
Ltd
2.550
03/08/27
867
2,100,000
Sands
China
Ltd
5.900
08/08/28
1,977
15,000,000
Smith
College
4.620
07/01/45
12,498
TOTAL
CONSUMER
SERVICES
45,819
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.2%
4,000,000
Costco
Wholesale
Corp
1.600
04/20/30
3,212
5,450,000
SYSCO
Corp
3.150
12/14/51
3,351
8,500,000
Walmart,
Inc
1.800
09/22/31
6,690
4,000,000
Walmart,
Inc
2.500
09/22/41
2,677
7,400,000
Walmart,
Inc
4.500
04/15/53
6,369
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
22,299
ENERGY
-
2.5%
EUR
500,000
BP
Capital
Markets
plc
1.231
05/08/31
427
2,973,000
Cenovus
Energy,
Inc
5.400
06/15/47
2,554
6,850,000
Cheniere
Energy
Partners
LP
3.250
01/31/32
5,444
900,000
Chevron
USA,
Inc
3.900
11/15/24
885
7,200,000
Diamondback
Energy,
Inc
4.400
03/24/51
5,307
700,000
Ecopetrol
S.A.
5.375
06/26/26
672
2,000,000
Ecopetrol
S.A.
6.875
04/29/30
1,826
2,125,000
Ecopetrol
S.A.
4.625
11/02/31
1,622
3,000,000
(d)
Empresa
Nacional
del
Petroleo
5.250
11/06/29
2,802
12,968,000
Enbridge,
Inc
3.125
11/15/29
11,178
3,925,000
Enbridge,
Inc
5.700
03/08/33
3,760
2,950,000
(e)
Enbridge,
Inc
3.400
08/01/51
1,842
4,575,000
Energy
Transfer
LP
2.900
05/15/25
4,346
4,725,000
Energy
Transfer
LP
4.750
01/15/26
4,598
6,350,000
Energy
Transfer
LP
4.950
06/15/28
6,077
4,225,000
Energy
Transfer
LP
5.250
04/15/29
4,051
2,900,000
Energy
Transfer
LP
5.750
02/15/33
2,788
775,000
Energy
Transfer
LP
5.400
10/01/47
639
8,700,000
Energy
Transfer
LP
6.250
04/15/49
7,982
9,125,000
Energy
Transfer
LP
5.000
05/15/50
7,158
2,950,000
Energy
Transfer
Operating
LP
5.500
06/01/27
2,904
5,125,000
Enterprise
Products
Operating
LLC
3.700
02/15/26
4,910
5,425,000
Enterprise
Products
Operating
LLC
3.125
07/31/29
4,766
2,650,000
Enterprise
Products
Operating
LLC
4.250
02/15/48
2,075
6,200,000
Enterprise
Products
Operating
LLC
4.200
01/31/50
4,783
10,600,000
Enterprise
Products
Operating
LLC
3.700
01/31/51
7,497
4,500,000
Enterprise
Products
Operating
LLC
3.200
02/15/52
2,873
6,500,000
Enterprise
Products
Operating
LLC
3.300
02/15/53
4,230
450,000
(d)
EQM
Midstream
Partners
LP
6.000
07/01/25
443
2,661,300
(d)
Galaxy
Pipeline
Assets
Bidco
Ltd
2.160
03/31/34
2,217
3,300,000
(d)
Galaxy
Pipeline
Assets
Bidco
Ltd
2.625
03/31/36
2,550
3,200,000
(d),(e)
KazTransGas
JSC
4.375
09/26/27
2,944
2,900,000
Kinder
Morgan
Energy
Partners
LP
5.400
09/01/44
2,443
5,325,000
(e)
Magellan
Midstream
Partners
LP
3.250
06/01/30
4,537
CREF
Core
Bond
Account
September
30,
2023
246
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
8,375,000
Marathon
Petroleum
Corp
3.800
%
04/01/28
$
7,700
5,060,000
Marathon
Petroleum
Corp
4.750
09/15/44
4,009
5,500,000
Marathon
Petroleum
Corp
5.000
09/15/54
4,255
725,000
(d)
MEG
Energy
Corp
5.875
02/01/29
677
8,950,000
MPLX
LP
1.750
03/01/26
8,115
20,000,000
MPLX
LP
2.650
08/15/30
16,151
5,825,000
MPLX
LP
4.700
04/15/48
4,415
275,000
Murphy
Oil
Corp
5.875
12/01/27
267
1,000,000
NAK
Naftogaz
Ukraine
via
Kondor
Finance
plc
7.650
07/31/24
670
2,200,000
Occidental
Petroleum
Corp
5.550
03/15/26
2,171
1,350,000
(d)
Oleoducto
Central
S.A.
4.000
07/14/27
1,203
5,000,000
ONEOK,
Inc
4.500
03/15/50
3,626
315,000
(d)
Parkland
Corp
4.625
05/01/30
269
500,000
(d)
Parkland
Fuel
Corp
5.875
07/15/27
476
1,425,000
(d)
Pertamina
Persero
PT
3.650
07/30/29
1,274
1,200,000
Petrobras
Global
Finance
BV
5.999
01/27/28
1,191
560,000
Petrobras
Global
Finance
BV
7.250
03/17/44
550
5,300,000
Petroleos
Mexicanos
5.950
01/28/31
3,794
3,000,000
Petroleos
Mexicanos
6.700
02/16/32
2,227
13,575,000
Phillips
66
2.150
12/15/30
10,688
3,225,000
Phillips
66
3.300
03/15/52
2,026
2,375,000
Phillips
66
Co
4.680
02/15/45
1,891
475,000
Plains
All
American
Pipeline
LP
3.800
09/15/30
408
2,063,025
(d)
Rio
Oil
Finance
Trust
8.200
04/06/28
2,073
6,200,000
Sabine
Pass
Liquefaction
LLC
5.875
06/30/26
6,189
4,800,000
Sabine
Pass
Liquefaction
LLC
4.500
05/15/30
4,402
1,700,000
(d)
Santos
Finance
Ltd
3.649
04/29/31
1,358
2,000,000
(d)
Saudi
Arabian
Oil
Co
2.250
11/24/30
1,602
3,000,000
(d)
Saudi
Arabian
Oil
Co
3.250
11/24/50
1,873
6,500,000
Sunoco
Logistics
Partners
Operations
LP
4.000
10/01/27
6,036
3,350,000
Targa
Resources
Corp
4.200
02/01/33
2,848
425,000
Targa
Resources
Partners
LP
6.500
07/15/27
428
4,300,000
(d)
Thaioil
Treasury
Center
Co
Ltd
2.500
06/18/30
3,364
11,000,000
TotalEnergies
Capital
International
S.A.
3.127
05/29/50
7,169
4,675,000
Williams
Cos,
Inc
2.600
03/15/31
3,723
9,250,000
(e)
Williams
Cos,
Inc
5.650
03/15/33
8,938
TOTAL
ENERGY
253,186
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
2.4%
5,100,000
Agree
LP
2.000
06/15/28
4,219
1,675,000
Alexandria
Real
Estate
Equities,
Inc
3.950
01/15/28
1,552
5,500,000
Alexandria
Real
Estate
Equities,
Inc
4.900
12/15/30
5,126
2,418,000
American
Tower
Corp
3.375
10/15/26
2,251
EUR
450,000
American
Tower
Corp
0.450
01/15/27
418
1,600,000
American
Tower
Corp
3.600
01/15/28
1,452
4,350,000
American
Tower
Corp
3.800
08/15/29
3,869
13,700,000
American
Tower
Corp
2.900
01/15/30
11,382
2,750,000
American
Tower
Corp
2.100
06/15/30
2,140
3,825,000
American
Tower
Corp
1.875
10/15/30
2,895
4,125,000
Brandywine
Operating
Partnership
LP
4.100
10/01/24
3,998
5,825,000
Brixmor
Operating
Partnership
LP
3.850
02/01/25
5,612
1,075,000
Brixmor
Operating
Partnership
LP
2.250
04/01/28
905
14,275,000
Crown
Castle,
Inc
2.250
01/15/31
11,078
1,800,000
Crown
Castle,
Inc
2.100
04/01/31
1,373
3,200,000
CubeSmart
LP
2.250
12/15/28
2,677
GBP
400,000
Digital
Stout
Holding
LLC
3.750
10/17/30
410
2,275,000
Equinix,
Inc
2.150
07/15/30
1,787
6,700,000
Essex
Portfolio
LP
3.000
01/15/30
5,567
6,600,000
Healthcare
Realty
Holdings
LP
3.875
05/01/25
6,223
6,250,000
Healthcare
Realty
Holdings
LP
3.500
08/01/26
5,806
3,000,000
Healthcare
Realty
Holdings
LP
3.625
01/15/28
2,671
8,975,000
Healthcare
Realty
Holdings
LP
3.100
02/15/30
7,473
247
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
1,750,000
Healthcare
Realty
Holdings
LP
2.400
%
03/15/30
$
1,351
1,050,000
Healthcare
Realty
Holdings
LP
2.050
03/15/31
759
7,950,000
Highwoods
Realty
LP
3.875
03/01/27
7,242
2,900,000
Highwoods
Realty
LP
4.125
03/15/28
2,591
2,875,000
Highwoods
Realty
LP
4.200
04/15/29
2,436
4,000,000
Highwoods
Realty
LP
3.050
02/15/30
3,074
5,300,000
Kite
Realty
Group
Trust
4.750
09/15/30
4,719
5,224,000
Mid-America
Apartments
LP
4.300
10/15/23
5,221
4,475,000
Mid-America
Apartments
LP
3.750
06/15/24
4,404
4,300,000
Mid-America
Apartments
LP
4.000
11/15/25
4,160
11,100,000
Mid-America
Apartments
LP
2.750
03/15/30
9,337
3,025,000
Mid-America
Apartments
LP
1.700
02/15/31
2,312
2,575,000
Mid-America
Apartments
LP
2.875
09/15/51
1,482
600,000
National
Retail
Properties,
Inc
4.000
11/15/25
574
3,000,000
National
Retail
Properties,
Inc
3.600
12/15/26
2,788
1,800,000
NNN
REIT,
Inc
5.600
10/15/33
1,696
1,275,000
ProLogis
LP
2.875
11/15/29
1,094
3,125,000
ProLogis
LP
1.750
07/01/30
2,429
6,350,000
Regency
Centers
LP
3.900
11/01/25
6,020
1,025,000
Regency
Centers
LP
3.600
02/01/27
958
5,500,000
Regency
Centers
LP
2.950
09/15/29
4,681
8,150,000
(d)
SBA
Tower
Trust
2.836
01/15/25
7,801
11,046,000
(d)
SBA
Tower
Trust
1.884
01/15/26
9,987
25,315,000
(d)
SBA
Tower
Trust
1.631
11/15/26
21,894
42,100,000
(d)
SBA
Tower
Trust
1.840
04/15/27
36,067
2,968,000
SITE
Centers
Corp
3.625
02/01/25
2,825
3,850,000
SITE
Centers
Corp
4.700
06/01/27
3,564
3,025,000
Weingarten
Realty
Investors
4.450
01/15/24
3,007
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
245,357
FINANCIAL
SERVICES
-
2.3%
8,975,000
AerCap
Ireland
Capital
DAC
1.750
01/30/26
8,100
18,194,000
AerCap
Ireland
Capital
DAC
3.000
10/29/28
15,601
2,650,000
AerCap
Ireland
Capital
DAC
3.300
01/30/32
2,106
2,250,000
AerCap
Ireland
Capital
DAC
3.850
10/29/41
1,596
1,375,000
American
Express
Co
2.550
03/04/27
1,240
7,500,000
American
Express
Co
3.550
N/A(f)
5,955
EUR
425,000
American
Honda
Finance
Corp
1.950
10/18/24
440
3,010,000
(d)
Bangkok
Bank
PCL
3.466
09/23/36
2,334
10,000,000
Bank
of
New
York
Mellon
Corp
4.700
N/A(f)
9,626
300,000
(d)
BBVA
Bancomer
S.A.
5.350
11/12/29
289
1,500,000
(d)
BBVA
Bancomer
S.A.
5.125
01/18/33
1,291
1,400,000
(d)
BBVA
Bancomer
S.A.
8.450
06/29/38
1,380
449,000
(d)
BPCE
S.A.
4.625
07/11/24
440
EUR
300,000
BPCE
S.A.
0.500
09/15/27
282
EUR
500,000
Capital
One
Financial
Corp
0.800
06/12/24
514
6,635,000
(e)
Capital
One
Financial
Corp
3.950
N/A(f)
4,980
EUR
100,000
Celanese
US
Holdings
LLC
0.625
09/10/28
84
7,000,000
Charles
Schwab
Corp
5.375
N/A(f)
6,725
6,250,000
Community
Preservation
Corp
2.867
02/01/30
5,196
2,950,000
(d)
Credit
Suisse
Group
AG.
2.193
06/05/26
2,744
9,100,000
(d)
Credit
Suisse
Group
AG.
1.305
02/02/27
8,070
6,200,000
(d)
Credit
Suisse
Group
AG.
6.442
08/11/28
6,195
7,350,000
Deutsche
Bank
AG.
5.371
09/09/27
7,177
5,575,000
Deutsche
Bank
AG.
2.311
11/16/27
4,855
600,000
Deutsche
Bank
AG.
3.742
01/07/33
431
3,543,000
Equitable
Holdings,
Inc
4.950
N/A(f)
3,334
EUR
375,000
Fidelity
National
Information
Services,
Inc
1.100
07/15/24
387
12,825,000
Goldman
Sachs
Group,
Inc
3.500
04/01/25
12,349
10,750,000
Goldman
Sachs
Group,
Inc
4.482
08/23/28
10,175
6,000,000
Goldman
Sachs
Group,
Inc
1.992
01/27/32
4,498
12,080,000
Goldman
Sachs
Group,
Inc
2.615
04/22/32
9,435
CREF
Core
Bond
Account
September
30,
2023
248
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
3,500,000
Goldman
Sachs
Group,
Inc
4.411
%
04/23/39
$
2,881
6,825,000
Goldman
Sachs
Group,
Inc
3.436
02/24/43
4,707
3,000,000
Goldman
Sachs
Group,
Inc
3.800
N/A(f)
2,446
200,000
(d)
Indian
Railway
Finance
Corp
Ltd
3.249
02/13/30
169
3,600,000
(d)
Indian
Railway
Finance
Corp
Ltd
2.800
02/10/31
2,899
1,700,000
(d)
Indian
Railway
Finance
Corp
Ltd
3.570
01/21/32
1,412
3,000,000
(d)
Minejesa
Capital
BV
4.625
08/10/30
2,665
10,000,000
Morgan
Stanley
2.188
04/28/26
9,394
31,425,000
Morgan
Stanley
3.125
07/27/26
29,187
EUR
700,000
Morgan
Stanley
1.342
10/23/26
696
1,400,000
Morgan
Stanley
5.449
07/20/29
1,364
EUR
500,000
Morgan
Stanley
2.950
05/07/32
469
14,250,000
Morgan
Stanley
5.250
04/21/34
13,231
5,150,000
Morgan
Stanley
5.424
07/21/34
4,858
4,440,000
Northern
Trust
Corp
4.600
N/A(f)
3,996
3,350,000
(d)
Power
Finance
Corp
Ltd
3.950
04/23/30
2,910
1,000,000
REC
Ltd
4.625
03/22/28
931
4,125,000
(d)
Societe
Generale
S.A.
4.027
01/21/43
2,588
550,000
Springleaf
Finance
Corp
5.375
11/15/29
461
8,825,000
UBS
Group
AG.
3.750
03/26/25
8,488
3,065,000
(d)
UBS
Group
AG.
3.179
02/11/43
1,982
4,225,000
Visa,
Inc
2.700
04/15/40
2,975
TOTAL
FINANCIAL
SERVICES
238,538
FOOD,
BEVERAGE
&
TOBACCO
-
1.2%
2,600,000
(d)
Anadolu
Efes
Biracilik
Ve
Malt
Sanayii
AS.
3.375
06/29/28
2,129
6,975,000
Anheuser-Busch
Cos
LLC
4.700
02/01/36
6,393
12,875,000
Anheuser-Busch
Cos
LLC
4.900
02/01/46
11,221
16,850,000
Anheuser-Busch
InBev
Worldwide,
Inc
4.750
01/23/29
16,337
11,500,000
BAT
Capital
Corp
2.259
03/25/28
9,726
10,225,000
BAT
Capital
Corp
4.906
04/02/30
9,381
4,400,000
BAT
Capital
Corp
2.726
03/25/31
3,395
10,000,000
BAT
International
Finance
plc
4.448
03/16/28
9,325
3,875,000
(d)
Cia
Cervecerias
Unidas
S.A.
3.350
01/19/32
3,172
3,000,000
(d)
Coca-Cola
Icecek
AS.
4.500
01/20/29
2,667
1,700,000
Constellation
Brands,
Inc
4.400
11/15/25
1,654
2,675,000
Constellation
Brands,
Inc
3.700
12/06/26
2,525
1,050,000
Constellation
Brands,
Inc
3.150
08/01/29
920
6,900,000
Constellation
Brands,
Inc
2.875
05/01/30
5,791
20,175,000
Constellation
Brands,
Inc
2.250
08/01/31
15,716
4,500,000
Diageo
Capital
plc
1.375
09/29/25
4,159
8,050,000
Diageo
Capital
plc
2.375
10/24/29
6,818
2,850,000
Diageo
Capital
plc
2.000
04/29/30
2,312
2,500,000
(d)
Grupo
Bimbo
SAB
de
C.V.
4.700
11/10/47
2,022
3,950,000
Kraft
Heinz
Foods
Co
4.375
06/01/46
3,078
250,000
(d)
Sigma
Alimentos
S.A.
de
C.V.
4.125
05/02/26
238
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
118,979
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
1.4%
1,500,000
Abbott
Laboratories
5.300
05/27/40
1,472
1,925,000
Boston
Scientific
Corp
2.650
06/01/30
1,609
3,285,000
Centene
Corp
2.450
07/15/28
2,775
2,910,000
Centene
Corp
3.000
10/15/30
2,347
19,230,000
Children's
Hospital
Medic
4.268
05/15/44
15,860
1,766,000
CVS
Health
Corp
3.750
04/01/30
1,561
15,950,000
CVS
Health
Corp
1.750
08/21/30
12,274
9,750,000
CVS
Health
Corp
4.780
03/25/38
8,396
4,050,000
CVS
Health
Corp
2.700
08/21/40
2,553
20,300,000
CVS
Health
Corp
5.050
03/25/48
16,866
4,105,000
Dartmouth-Hitchcock
Health
4.178
08/01/48
2,994
10,775,000
Elevance
Health,
Inc
2.250
05/15/30
8,766
4,750,000
Elevance
Health,
Inc
5.125
02/15/53
4,194
249
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
4,225,000
HCA,
Inc
5.625
%
09/01/28
$
4,120
6,200,000
HCA,
Inc
3.625
03/15/32
5,139
4,300,000
HCA,
Inc
5.500
06/15/47
3,670
5,350,000
HCA,
Inc
4.625
03/15/52
4,017
3,500,000
(d)
Hologic,
Inc
3.250
02/15/29
2,956
6,125,000
Humana,
Inc
2.150
02/03/32
4,628
2,700,000
Humana,
Inc
5.875
03/01/33
2,684
GBP
500,000
McKesson
Corp
3.125
02/17/29
537
2,925,000
McKesson
Corp
5.100
07/15/33
2,795
12,500,000
Mercy
Health
3.382
11/01/25
11,844
5,000,000
New
York
and
Presbyterian
Hospital
3.563
08/01/36
3,943
EUR
450,000
Stryker
Corp
2.625
11/30/30
433
375,000
Tenet
Healthcare
Corp
4.625
06/15/28
338
5,775,000
UnitedHealth
Group,
Inc
2.950
10/15/27
5,283
10,700,000
UnitedHealth
Group,
Inc
2.300
05/15/31
8,645
3,250,000
UnitedHealth
Group,
Inc
3.750
10/15/47
2,390
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
145,089
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.0%
EUR
750,000
(d)
Coty,
Inc
3.875
04/15/26
772
EUR
300,000
Procter
&
Gamble
Co
3.250
08/02/31
308
EUR
600,000
The
Procter
&
Gamble
Company
0.625
10/30/24
613
EUR
400,000
The
Procter
&
Gamble
Company
1.875
10/30/38
326
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
2,019
INSURANCE
-
1.5%
825,000
(d)
Alliant
Holdings
Intermediate
LLC
4.250
10/15/27
739
6,800,000
(d)
Allianz
SE
6.350
09/06/53
6,565
4,925,000
Aon
Corp
2.800
05/15/30
4,099
3,900,000
Aon
Corp
5.350
02/28/33
3,739
8,306,000
Aon
Global
Ltd
3.500
06/14/24
8,153
5,250,000
AXIS
Specialty
Finance
LLC
4.900
01/15/40
4,217
16,000,000
Berkshire
Hathaway
Finance
Corp
2.850
10/15/50
9,955
1,400,000
Berkshire
Hathaway
Finance
Corp
3.850
03/15/52
1,044
EUR
500,000
Chubb
INA
Holdings,
Inc
1.550
03/15/28
474
EUR
450,000
Chubb
INA
Holdings,
Inc
1.400
06/15/31
385
1,500,000
CNA
Financial
Corp
3.950
05/15/24
1,480
1,825,000
(d)
Equitable
Financial
Life
Global
Funding
1.400
07/07/25
1,676
EUR
250,000
(d)
Fairfax
Financial
Holdings
Ltd
2.750
03/29/28
241
5,575,000
(d)
Five
Corners
Funding
Trust
4.419
11/15/23
5,560
7,325,000
(d)
Five
Corners
Funding
Trust
II
2.850
05/15/30
6,108
3,000,000
(d)
Hanwha
Life
Insurance
Co
Ltd
3.379
02/04/32
2,663
22,408,000
Hartford
Financial
Services
Group,
Inc
2.800
08/19/29
19,221
1,100,000
Hartford
Financial
Services
Group,
Inc
4.300
04/15/43
849
2,500,000
Hartford
Financial
Services
Group,
Inc
2.900
09/15/51
1,470
EUR
750,000
Liberty
Mutual
Group,
Inc
2.750
05/04/26
761
EUR
400,000
(d)
Liberty
Mutual
Group,
Inc
4.625
12/02/30
406
4,100,000
(d)
Liberty
Mutual
Group,
Inc
3.951
10/15/50
2,753
4,825,000
(d)
Liberty
Mutual
Group,
Inc
5.500
06/15/52
4,135
440,000
Marsh
&
McLennan
Cos,
Inc
3.500
03/10/25
426
7,000,000
MetLife,
Inc
3.600
04/10/24
6,915
1,250,000
MetLife,
Inc
3.600
11/13/25
1,202
1,750,000
MetLife,
Inc
5.000
07/15/52
1,510
11,820,000
MetLife,
Inc
3.850
N/A(f)
10,935
GBP
200,000
Metropolitan
Life
Global
Funding
I
4.125
09/02/25
237
8,200,000
(d)
Muenchener
Rueckversicherungs-Gesellschaft
AG.
in
Muenchen
5.875
05/23/42
7,897
11,875,000
PartnerRe
Finance
B
LLC
4.500
10/01/50
10,072
5,250,000
Principal
Financial
Group,
Inc
2.125
06/15/30
4,175
1,450,000
Prudential
Financial,
Inc
3.905
12/07/47
1,051
6,960,000
Prudential
Financial,
Inc
3.700
10/01/50
5,660
3,875,000
Prudential
Financial,
Inc
5.125
03/01/52
3,337
3,275,000
Reinsurance
Group
of
America,
Inc
3.900
05/15/29
2,934
CREF
Core
Bond
Account
September
30,
2023
250
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
5,600,000
(d)
Swiss
Re
Finance
Luxembourg
S.A.
5.000
%
04/02/49
$
5,247
TOTAL
INSURANCE
148,291
MATERIALS
-
1.0%
7,975,000
Albemarle
Corp
4.650
06/01/27
7,604
1,925,000
(d)
Alpek
SAB
de
C.V.
4.250
09/18/29
1,683
2,600,000
(d)
Alpek
SAB
de
C.V.
3.250
02/25/31
2,041
852,000
Amcor
Flexibles
North
America,
Inc
3.100
09/15/26
777
4,879,000
Amcor
Flexibles
North
America,
Inc
2.630
06/19/30
3,939
9,400,000
Amcor
Flexibles
North
America,
Inc
2.690
05/25/31
7,453
2,600,000
(d)
Anglo
American
Capital
plc
3.875
03/16/29
2,330
4,550,000
(d)
Anglo
American
Capital
plc
2.625
09/10/30
3,635
11,325,000
AngloGold
Ashanti
Holdings
plc
3.750
10/01/30
9,118
2,000,000
(d)
Antofagasta
plc
5.625
05/13/32
1,906
EUR
500,000
(d)
Ardagh
Metal
Packaging
Finance
USA
LLC
2.000
09/01/28
438
EUR
250,000
(d)
Ardagh
Metal
Packaging
Finance
USA
LLC
3.000
09/01/29
201
1,875,000
Ball
Corp
2.875
08/15/30
1,486
14,250,000
Berry
Global,
Inc
1.570
01/15/26
12,881
200,000
Celulosa
Arauco
y
Constitucion
S.A.
3.875
11/02/27
180
3,000,000
(d)
Celulosa
Arauco
y
Constitucion
S.A.
4.250
04/30/29
2,641
1,650,000
(d)
Celulosa
Arauco
y
Constitucion
S.A.
4.200
01/29/30
1,414
2,500,000
(d)
Cemex
SAB
de
C.V.
5.450
11/19/29
2,368
1,600,000
(d)
Cemex
SAB
de
C.V.
5.125
N/A(f)
1,498
4,200,000
(d)
Corp
Nacional
del
Cobre
de
Chile
3.625
08/01/27
3,859
EUR
500,000
Dow
Chemical
Co
0.500
03/15/27
465
2,800,000
(d)
Equate
Petrochemical
BV
2.625
04/28/28
2,417
1,800,000
(d)
Freeport
Indonesia
PT
4.763
04/14/27
1,708
2,400,000
(d)
Fresnillo
plc
4.250
10/02/50
1,673
1,850,000
(d)
Gold
Fields
Orogen
Holdings
BVI
Ltd
6.125
05/15/29
1,796
3,600,000
(d)
Inversiones
CMPC
S.A.
3.000
04/06/31
2,866
3,525,000
(d)
Midwest
Connector
Capital
Co
LLC
4.625
04/01/29
3,222
4,000,000
Newmont
Corp
2.250
10/01/30
3,185
3,400,000
Newmont
Corp
2.600
07/15/32
2,663
6,675,000
Nutrien
Ltd
2.950
05/13/30
5,572
1,920,000
(d)
OCI
NV
4.625
10/15/25
1,815
875,000
(d)
OCP
S.A.
3.750
06/23/31
689
EUR
250,000
(d)
Olympus
Water
US
Holding
Corp
3.875
10/01/28
220
1,175,000
(d)
Orbia
Advance
Corp
SAB
de
C.V.
1.875
05/11/26
1,046
375,000
(d)
PolyOne
Corp
5.750
05/15/25
368
250,000
(d)
SABIC
Capital
II
BV
4.000
10/10/23
249
2,075,000
Sasol
Financing
USA
LLC
4.375
09/18/26
1,840
3,000,000
(d)
Sociedad
Quimica
y
Minera
de
Chile
S.A.
3.500
09/10/51
1,843
4,300,000
Suzano
Austria
GmbH
3.125
01/15/32
3,302
200,000
(d)
UltraTech
Cement
Ltd
2.800
02/16/31
157
TOTAL
MATERIALS
104,548
MEDIA
&
ENTERTAINMENT
-
1.6%
2,200,000
Activision
Blizzard,
Inc
3.400
09/15/26
2,086
1,950,000
(d)
Adani
Electricity
Mumbai
Ltd
3.867
07/22/31
1,356
3,975,045
(d)
Alfa
Desarrollo
S.p.A
4.550
09/27/51
2,717
1,550,000
Baidu,
Inc
1.625
02/23/27
1,358
3,000,000
(d)
Banco
Nacional
de
Panama
2.500
08/11/30
2,325
EUR
400,000
(d)
Blackstone
Private
Credit
Fund
1.750
11/30/26
366
3,000,000
(d)
BOC
Aviation
USA
Corp
1.625
04/29/24
2,923
EUR
750,000
(d)
BOI
Finance
BV
7.500
02/16/27
671
1,775,000
(d),(e)
Cable
Onda
S.A.
4.500
01/30/30
1,449
5,000,000
(d)
CCO
Holdings
LLC
4.250
02/01/31
3,980
10,200,000
(e)
Charter
Communications
Operating
LLC
4.400
04/01/33
8,675
14,100,000
Charter
Communications
Operating
LLC
3.500
03/01/42
8,713
6,150,000
Charter
Communications
Operating
LLC
5.125
07/01/49
4,483
20,345,000
Charter
Communications
Operating
LLC
4.800
03/01/50
14,227
3,000,000
Charter
Communications
Operating
LLC
3.700
04/01/51
1,746
251
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
EUR
450,000
Comcast
Corp
0.250
%
05/20/27
$
417
$
10,000,000
Comcast
Corp
4.150
10/15/28
9,473
17,000,000
Comcast
Corp
3.200
07/15/36
13,108
1,925,000
Comcast
Corp
3.900
03/01/38
1,572
28,050,000
Comcast
Corp
2.887
11/01/51
16,531
5,000,000
(d)
CSC
Holdings
LLC
3.375
02/15/31
3,407
GBP
300,000
Discovery
Communications
LLC
2.500
09/20/24
354
3,000,000
(d)
EIG
Pearl
Holdings
Sarl
3.545
08/31/36
2,428
EUR
500,000
(d)
Emerald
Debt
Merger
Sub
LLC
6.375
12/15/30
527
200,000
(d)
ENN
Clean
Energy
International
Investment
Ltd
3.375
05/12/26
184
3,875,000
Extra
Space
Storage
LP
2.400
10/15/31
2,967
4,000,000
(d)
Genm
Capital
Labuan
Ltd
3.882
04/19/31
3,130
5,975,000
Haleon
US
Capital
LLC
3.375
03/24/27
5,543
3,500,000
Haleon
US
Capital
LLC
3.625
03/24/32
3,002
650,000
Lamar
Media
Corp
3.750
02/15/28
575
1,000,000
Lamar
Media
Corp
4.000
02/15/30
847
2,934,000
(d)
Mexico
Remittances
Funding
Fiduciary
Estate
Management
Sarl
4.875
01/15/28
2,618
2,675,000
(d)
Sirius
XM
Radio,
Inc
4.125
07/01/30
2,142
4,071,942
(d)
Sweihan
PV
Power
Co
PJSC
3.625
01/31/49
3,151
GBP
200,000
Time
Warner
Cable
LLC
5.750
06/02/31
227
4,400,000
Time
Warner
Cable
LLC
5.875
11/15/40
3,646
3,450,000
Time
Warner
Cable
LLC
4.500
09/15/42
2,390
EUR
700,000
(d)
VZ
Secured
Financing
BV
3.500
01/15/32
567
2,105,000
Walt
Disney
Co
7.625
11/30/28
2,320
9,800,000
Warnermedia
Holdings,
Inc
3.755
03/15/27
9,048
18,225,000
Warnermedia
Holdings,
Inc
5.050
03/15/42
14,095
2,375,000
Warnermedia
Holdings,
Inc
5.141
03/15/52
1,765
2,700,000
Weibo
Corp
3.375
07/08/30
2,106
EUR
500,000
Whirlpool
EMEA
Finance
Sarl
0.500
02/20/28
453
TOTAL
MEDIA
&
ENTERTAINMENT
165,668
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
1.2%
EUR
550,000
AbbVie,
Inc
1.250
06/01/24
570
17,150,000
AbbVie,
Inc
4.050
11/21/39
14,031
16,075,000
Amgen,
Inc
5.250
03/02/33
15,367
12,925,000
Amgen,
Inc
5.650
03/02/53
12,097
7,350,000
AstraZeneca
Finance
LLC
1.200
05/28/26
6,603
3,795,000
AstraZeneca
Finance
LLC
2.250
05/28/31
3,057
13,060,000
AstraZeneca
plc
1.375
08/06/30
10,128
EUR
500,000
(d)
Avantor
Funding,
Inc
3.875
07/15/28
484
1,500,000
(d)
Avantor
Funding,
Inc
4.625
07/15/28
1,368
3,125,000
Danaher
Corp
2.800
12/10/51
1,905
300,449
(a)
Grifols
Worldwide
Operations
USA,
Inc
SOFR
3
M
+
2.000%
7.416
11/15/27
296
4,025,000
Merck
&
Co,
Inc
2.750
12/10/51
2,431
EUR
600,000
(d)
Organon
Finance  LLC
2.875
04/30/28
545
250,000
(d)
Organon
Finance  LLC
5.125
04/30/31
200
4,150,000
Pfizer
Investment
Enterprises
Pte
Ltd
4.750
05/19/33
3,923
31,850,000
Pfizer
Investment
Enterprises
Pte
Ltd
5.300
05/19/53
29,594
20,175,000
Takeda
Pharmaceutical
Co
Ltd
2.050
03/31/30
16,223
EUR
400,000
Takeda
Pharmaceutical
Co
Ltd
1.375
07/09/32
335
EUR
500,000
Takeda
Pharmaceutical
Co
Ltd
2.000
07/09/40
371
1,045,000
Teva
Pharmaceutical
Finance
Netherlands
III
BV
4.750
05/09/27
959
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
120,487
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.0%
EUR
200,000
Vonovia
SE
0.625
12/14/29
163
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
163
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.5%
25,131,000
(d)
Broadcom,
Inc
4.926
05/15/37
21,661
1,675,000
Intel
Corp
3.734
12/08/47
1,193
8,375,000
NVIDIA
Corp
2.000
06/15/31
6,701
CREF
Core
Bond
Account
September
30,
2023
252
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
1,100,000
(d)
NXP
BV
2.700
%
05/01/25
$
1,045
5,450,000
NXP
BV
3.875
06/18/26
5,182
3,475,000
NXP
BV
4.400
06/01/27
3,297
4,100,000
NXP
BV
3.125
02/15/42
2,669
4,800,000
(d),(e)
SK
Hynix,
Inc
1.500
01/19/26
4,313
2,200,000
Texas
Instruments,
Inc
4.150
05/15/48
1,774
4,000,000
Texas
Instruments,
Inc
5.000
03/14/53
3,624
1,575,000
TSMC
Arizona
Corp
1.750
10/25/26
1,413
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
52,872
SOFTWARE
&
SERVICES
-
0.7%
7,350,000
Adobe,
Inc
2.300
02/01/30
6,185
200,000
(d)
CA
Magnum
Holdings
5.375
10/31/26
177
900,000
(d)
Gartner,
Inc
3.750
10/01/30
755
EUR
400,000
International
Business
Machines
Corp
0.650
02/11/32
320
EUR
250,000
(d)
IQVIA,
Inc
1.750
03/15/26
246
1,413,000
(d)
j2
Global,
Inc
4.625
10/15/30
1,196
26,300,000
Microsoft
Corp
2.400
08/08/26
24,432
4,120,000
Microsoft
Corp
2.525
06/01/50
2,509
550,000
(d)
Open
Text
Holdings,
Inc
4.125
02/15/30
460
8,025,000
Oracle
Corp
4.900
02/06/33
7,397
17,650,000
Oracle
Corp
5.550
02/06/53
15,464
3,000,000
Roper
Technologies,
Inc
1.400
09/15/27
2,567
10,050,000
Roper
Technologies,
Inc
2.000
06/30/30
7,947
9,650,000
Salesforce,
Inc
2.700
07/15/41
6,535
TOTAL
SOFTWARE
&
SERVICES
76,190
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.4%
4,325,000
Amphenol
Corp
2.800
02/15/30
3,671
4,825,000
Apple,
Inc
2.450
08/04/26
4,482
26,100,000
Apple,
Inc
2.050
09/11/26
23,984
3,225,000
Apple,
Inc
4.650
02/23/46
2,874
4,675,000
Apple,
Inc
2.650
02/08/51
2,835
2,175,000
Tyco
Electronics
Group
S.A.
3.700
02/15/26
2,085
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
39,931
TELECOMMUNICATION
SERVICES
-
2.0%
2,300,000
(d)
America
Movil
SAB
de
C.V.
5.375
04/04/32
1,980
200,000
America
Movil
SAB
de
C.V.
4.700
07/21/32
184
GBP
300,000
AT&T,
Inc
2.900
12/04/26
334
EUR
500,000
AT&T,
Inc
2.350
09/05/29
474
42,943,000
AT&T,
Inc
2.550
12/01/33
31,541
8,325,000
AT&T,
Inc
4.500
05/15/35
7,101
7,375,000
AT&T,
Inc
3.500
06/01/41
5,124
38,320,000
AT&T,
Inc
3.550
09/15/55
23,458
6,553,000
AT&T,
Inc
3.800
12/01/57
4,152
4,225,000
(d)
Bharti
Airtel
Ltd
3.250
06/03/31
3,483
3,000,000
(d)
C&W
Senior
Financing
Designated
Activity
Co
6.875
09/15/27
2,638
850,000
Deutsche
Telekom
International
Finance
BV
8.750
06/15/30
974
EUR
665,000
(d)
Iliad
Holding
SAS
5.125
10/15/26
667
1,175,000
(d)
Millicom
International
Cellular
S.A.
4.500
04/27/31
839
4,000,000
(d)
MTN
Mauritius
Investment
Ltd
6.500
10/13/26
3,910
2,425,000
Orange
S.A.
5.375
01/13/42
2,208
22,975,000
T-Mobile
USA,
Inc
2.625
02/15/29
19,464
30,200,000
T-Mobile
USA,
Inc
3.875
04/15/30
26,756
8,800,000
T-Mobile
USA,
Inc
5.050
07/15/33
8,165
2,225,000
T-Mobile
USA,
Inc
3.000
02/15/41
1,474
7,800,000
T-Mobile
USA,
Inc
3.300
02/15/51
4,881
EUR
400,000
Verizon
Communications,
Inc
1.875
10/26/29
371
EUR
200,000
Verizon
Communications,
Inc
4.250
10/31/30
210
10,300,000
Verizon
Communications,
Inc
1.750
01/20/31
7,762
8,450,000
Verizon
Communications,
Inc
2.550
03/21/31
6,728
253
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
38,051,000
Verizon
Communications,
Inc
2.355
%
03/15/32
$
29,031
EUR
300,000
Verizon
Communications,
Inc
2.875
01/15/38
258
GBP
1,000,000
(d)
Vmed
O2
UK
Financing
I
plc
4.500
07/15/31
953
6,550,000
Vodafone
Group
plc
4.375
02/19/43
5,047
5,125,000
Vodafone
Group
plc
4.250
09/17/50
3,716
TOTAL
TELECOMMUNICATION
SERVICES
203,883
TRANSPORTATION
-
0.4%
1,850,000
(d)
Adani
Ports
&
Special
Economic
Zone
Ltd
4.000
07/30/27
1,559
2,000,000
(d)
Adani
Ports
&
Special
Economic
Zone
Ltd
4.200
08/04/27
1,695
2,700,000
(d)
Adani
Ports
&
Special
Economic
Zone
Ltd
3.100
02/02/31
1,862
1,450,000
(d)
Aeropuerto
Internacional
de
Tocumen
S.A.
4.000
08/11/41
1,128
4,075,000
Burlington
Northern
Santa
Fe
LLC
3.050
02/15/51
2,580
1,300,000
Canadian
Pacific
Railway
Co
2.050
03/05/30
1,050
5,600,000
Canadian
Pacific
Railway
Co
3.100
12/02/51
3,501
2,040,000
CSX
Corp
2.600
11/01/26
1,873
1,525,000
CSX
Corp
3.800
03/01/28
1,432
14,175,000
CSX
Corp
4.250
03/15/29
13,426
1,550,000
(d)
Empresa
de
los
Ferrocarriles
del
Estado
3.068
08/18/50
886
3,175,000
(d)
Misc
Capital
Two
Labuan
Ltd
3.625
04/06/25
3,055
3,260,000
(d)
Misc
Capital
Two
Labuan
Ltd
3.750
04/06/27
3,011
5,100,000
Union
Pacific
Corp
2.891
04/06/36
3,862
2,275,000
Union
Pacific
Corp
3.839
03/20/60
1,594
TOTAL
TRANSPORTATION
42,514
UTILITIES
-
3.3%
1,650,000
AEP
Transmission
Co
LLC
3.100
12/01/26
1,536
1,650,000
AEP
Transmission
Co
LLC
4.000
12/01/46
1,257
4,750,000
AEP
Transmission
Co
LLC
2.750
08/15/51
2,707
1,175,000
AEP
Transmission
Co
LLC
5.400
03/15/53
1,092
3,475,000
Alabama
Power
Co
4.150
08/15/44
2,672
6,025,000
Alabama
Power
Co
3.450
10/01/49
4,004
16,000,000
Ameren
Illinois
Co
4.950
06/01/33
15,139
3,225,000
Ameren
Illinois
Co
5.900
12/01/52
3,220
2,750,000
American
Water
Capital
Corp
3.000
12/01/26
2,544
4,000,000
American
Water
Capital
Corp
2.800
05/01/30
3,383
8,500,000
American
Water
Capital
Corp
2.300
06/01/31
6,772
2,375,000
American
Water
Capital
Corp
4.000
12/01/46
1,774
4,500,000
American
Water
Capital
Corp
3.750
09/01/47
3,289
5,788,000
Appalachian
Power
Co
4.450
06/01/45
4,461
8,475,000
Atmos
Energy
Corp
1.500
01/15/31
6,437
1,175,000
Atmos
Energy
Corp
4.125
10/15/44
920
6,500,000
Baltimore
Gas
and
Electric
Co
3.750
08/15/47
4,629
3,700,000
(d)
Becle
SAB
de
C.V.
2.500
10/14/31
2,827
5,925,000
Berkshire
Hathaway
Energy
Co
3.250
04/15/28
5,362
6,225,000
Black
Hills
Corp
4.250
11/30/23
6,205
1,075,000
CenterPoint
Energy
Houston
Electric
LLC
3.000
03/01/32
890
3,550,000
CenterPoint
Energy
Resources
Corp
6.250
02/01/37
3,379
EUR
350,000
CEZ
AS.
0.875
12/02/26
329
2,975,000
CMS
Energy
Corp
3.600
11/15/25
2,824
3,500,000
Commonwealth
Edison
Co
5.900
03/15/36
3,501
8,250,000
Commonwealth
Edison
Co
3.000
03/01/50
5,089
5,100,000
Commonwealth
Edison
Co
2.750
09/01/51
2,892
2,178,000
Consumers
Energy
Co
2.650
08/15/52
1,258
1,542,000
Consumers
Energy
Co
2.500
05/01/60
807
EUR
300,000
Credit
Agricole
Assurances
S.A.
1.500
10/06/31
234
2,350,000
Dominion
Energy,
Inc
2.250
08/15/31
1,818
4,000,000
Dominion
Energy,
Inc
3.300
04/15/41
2,731
2,500,000
DTE
Electric
Co
3.650
03/01/52
1,752
2,125,000
DTE
Electric
Co
5.400
04/01/53
1,986
4,600,000
Duke
Energy
Florida
LLC
3.400
10/01/46
3,092
8,850,000
Duke
Energy
Indiana
LLC
2.750
04/01/50
5,068
CREF
Core
Bond
Account
September
30,
2023
254
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
6,100,000
Duke
Energy
Progress
LLC
2.500
%
08/15/50
$
3,331
EUR
300,000
Electricite
de
France
S.A.
2.000
10/02/30
275
3,445,000
(d)
Empresas
Publicas
de
Medellin
ESP
4.250
07/18/29
2,764
2,000,000
(d)
EnfraGen
Energia
Sur
S.A.
5.375
12/30/30
1,399
4,000,000
(d)
ENN
Energy
Holdings
Ltd
2.625
09/17/30
3,209
6,900,000
Entergy
Corp
0.900
09/15/25
6,265
5,375,000
Eversource
Energy
1.650
08/15/30
4,117
6,350,000
Eversource
Energy
3.450
01/15/50
4,150
8,200,000
Florida
Power
&
Light
Co
4.800
05/15/33
7,751
5,775,000
Florida
Power
&
Light
Co
3.990
03/01/49
4,339
UGX
2,000,000,000
(d),(h)
ICBC
Standard
Bank
plc
14.250
06/26/34
477
2,900,000
Indiana
Michigan
Power
Co
3.750
07/01/47
2,030
4,525,000
(d)
Israel
Electric
Corp
Ltd
4.250
08/14/28
4,143
2,000,000
(d)
Kallpa
Generacion
SA
4.125
08/16/27
1,830
3,000,000
(d)
Korea
East-West
Power
Co
Ltd
1.750
05/06/25
2,814
1,875,000
(d)
Korea
East-West
Power
Co
Ltd
3.600
05/06/25
1,811
3,200,000
(d)
Korea
Southern
Power
Co
Ltd
0.750
01/27/26
2,854
7,625,000
Medtronic
Global
Holdings
S.C.A
4.250
03/30/28
7,298
6,975,000
MidAmerican
Energy
Co
3.650
04/15/29
6,373
5,400,000
MidAmerican
Energy
Co
3.650
08/01/48
3,848
EUR
300,000
(d)
Mondelez
International
Holdings
Netherlands
BV
1.250
09/09/41
194
9,225,000
(d)
NBK
SPC
Ltd
1.625
09/15/27
8,178
7,350,000
Nevada
Power
Co
2.400
05/01/30
6,000
3,335,000
Nevada
Power
Co
5.450
05/15/41
3,008
12,700,000
NextEra
Energy
Capital
Holdings,
Inc
2.250
06/01/30
10,167
20,060,000
NiSource,
Inc
1.700
02/15/31
15,002
6,000,000
(d)
NRG
Energy,
Inc
2.450
12/02/27
5,086
2,750,000
Ohio
Power
Co
2.600
04/01/30
2,277
6,150,000
Ohio
Power
Co
4.150
04/01/48
4,612
4,925,000
Ohio
Power
Co
4.000
06/01/49
3,589
EUR
250,000
(d)
OI
European
Group
BV
6.250
05/15/28
269
1,280,000
Oncor
Electric
Delivery
Co
LLC
5.250
09/30/40
1,204
425,000
ONE
Gas,
Inc
3.610
02/01/24
422
600,000
(d)
Pattern
Energy
Operations
LP
4.500
08/15/28
521
2,775,000
PECO
Energy
Co
3.000
09/15/49
1,727
3,700,000
PECO
Energy
Co
2.800
06/15/50
2,185
650,000
(d)
Perusahaan
Listrik
Negara
PT
3.875
07/17/29
579
3,000,000
(d)
Perusahaan
Listrik
Negara
PT
3.375
02/05/30
2,539
200,000
(d)
Perusahaan
Listrik
Negara
PT
4.875
07/17/49
148
5,000,000
(d)
Perusahaan
Perseroan
Persero
PT
Perusahaan
Listrik
Negara
4.000
06/30/50
3,234
750,000
Potomac
Electric
Power
Co
7.900
12/15/38
858
3,300,000
(d)
Promigas
S.A.
ESP
3.750
10/16/29
2,716
6,800,000
Public
Service
Co
of
Colorado
1.875
06/15/31
5,216
2,100,000
Public
Service
Co
of
Colorado
4.050
09/15/49
1,523
4,450,000
Public
Service
Co
of
Colorado
3.200
03/01/50
2,791
5,150,000
Public
Service
Electric
and
Gas
Co
4.900
12/15/32
4,939
6,970,000
Public
Service
Electric
and
Gas
Co
3.150
01/01/50
4,526
5,000,000
Public
Service
Electric
and
Gas
Co
5.450
08/01/53
4,764
1,162,000
(d)
Saka
Energi
Indonesia
PT
4.450
05/05/24
1,140
20,000,000
Southern
Co
4.000
01/15/51
18,500
EUR
300,000
Southern
Co
1.875
09/15/81
250
8,475,000
Southern
Co
Gas
Capital
Corp
3.875
11/15/25
8,159
EUR
500,000
Southern
Power
Co
1.850
06/20/26
497
2,440,000
Southwestern
Public
Service
Co
3.400
08/15/46
1,567
350,000
(d)
Tengizchevroil
Finance
Co
International
Ltd
2.625
08/15/25
316
6,700,000
Union
Electric
Co
5.450
03/15/53
6,180
3,250,000
Virginia
Electric
and
Power
Co
2.950
11/15/26
3,011
1,900,000
Virginia
Electric
and
Power
Co
5.700
08/15/53
1,783
4,125,000
Wisconsin
Power
&
Light
Co
4.100
10/15/44
2,961
3,000,000
Wisconsin
Power
and
Light
Co
4.950
04/01/33
2,817
255
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
2,240,000
Xcel
Energy,
Inc
4.800
%
09/15/41
$
1,820
TOTAL
UTILITIES
336,233
TOTAL
CORPORATE
BONDS
3,324,639
(Cost
$3,891,339)
GOVERNMENT
BONDS
-
45.5%
FOREIGN
GOVERNMENT
BONDS
-
3.9%
2,000,000
(d)
Abu
Dhabi
Government
International
Bond
2.500
09/30/29
1,745
750,000
(d)
Africa
Finance
Corp
2.875
04/28/28
619
3,925,000
(d)
Angolan
Government
International
Bond
8.750
04/14/32
3,149
INR
41,700,000
Asian
Infrastructure
Investment
Bank
6.000
12/08/31
455
AUD
1,250,000
Australia
Government
Bond
1.000
12/21/30
638
AUD
1,775,000
Australia
Government
Bond
1.250
05/21/32
882
AUD
1,960,000
Australia
Government
Bond
1.750
06/21/51
666
2,215,000
(d)
Bank
Gospodarstwa
Krajowego
5.375
05/22/33
2,088
8,500,000
(d)
Banque
Ouest
Africaine
de
Developpement
4.700
10/22/31
6,749
EUR
3,650,000
(d)
Banque
Ouest
Africaine
de
Developpement
2.750
01/22/33
2,715
EUR
850,000
(d)
Benin
Government
International
Bond
4.950
01/22/35
616
5,000,000
(d)
BNG
Bank
NV
3.500
08/26/24
4,901
8,000,000
(d)
BNG
Bank
NV
0.875
05/18/26
7,178
1,950,000
(d)
Brazil
Minas
SPE
via
State
of
Minas
Gerais
5.333
02/15/28
1,891
BRL
3,000,000
Brazil
Notas
do
Tesouro
Nacional
Serie
F
10.000
01/01/27
583
750,000
Brazilian
Government
International
Bond
3.875
06/12/30
653
3,410,000
Brazilian
Government
International
Bond
6.000
10/20/33
3,217
EUR
575,000
Bundesobligation
1.300
10/15/27
573
EUR
6,800,000
Bundesrepublik
Deutschland
0.000
08/15/31
5,808
EUR
380,000
Bundesrepublik
Deutschland
0.000
02/15/32
320
EUR
3,700,000
Bundesrepublik
Deutschland
1.000
05/15/38
2,990
EUR
135,000
Bundesrepublik
Deutschland
1.250
08/15/48
100
EUR
2,465,000
Bundesrepublik
Deutschland
0.000
08/15/52
1,123
EUR
1,400,000
Bundesrepublik
Deutschland
Bundesanleihe
2.300
02/15/33
1,421
7,000,000
(d)
Caisse
d'Amortissement
de
la
Dette
Sociale
1.125
11/29/24
6,643
CAD
1,400,000
(d)
Canada
Housing
Trust
No
1.100
12/15/26
919
CAD
1,525,000
(d)
Canada
Housing
Trust
No
3.550
09/15/32
1,044
CAD
1,650,000
Canadian
Government
Bond
3.000
11/01/24
1,187
CAD
875,000
Canadian
Government
Bond
3.500
08/01/25
629
CAD
1,475,000
Canadian
Government
International
Bond
2.000
06/01/28
987
CAD
850,000
Canadian
Government
International
Bond
2.000
06/01/32
532
CAD
1,000,000
Canadian
Government
International
Bond
5.000
06/01/37
810
2,790,000
Canal
Barge
Co,
Inc
4.500
11/12/34
2,641
1,250,000
(e)
Chile
Government
International
Bond
2.550
01/27/32
1,009
CNY
24,000,000
China
Government
Bond
2.880
11/05/23
3,288
CNY
5,750,000
China
Government
Bond
2.940
10/17/24
793
CNY
21,000,000
China
Government
Bond
1.990
04/09/25
2,858
CNY
47,400,000
China
Government
Bond
3.120
12/05/26
6,633
CNY
20,200,000
China
Government
Bond
2.500
07/25/27
2,762
CNY
16,100,000
China
Government
Bond
3.270
11/19/30
2,297
CNY
18,900,000
China
Government
Bond
3.860
07/22/49
2,943
CNY
10,000,000
China
Government
Bond
3.390
03/16/50
1,440
CNY
4,700,000
China
Government
Bond
3.810
09/14/50
728
CNY
4,700,000
China
Government
Bond
3.720
04/12/51
719
NOK
7,000,000
City
of
Oslo
Norway
2.050
10/31/24
633
3,425,000
Colombia
Government
International
Bond
3.250
04/22/32
2,458
1,700,000
Colombia
Government
International
Bond
5.000
06/15/45
1,112
COP
3,300,000,000
Colombian
TES
7.750
09/18/30
675
275,000
(d)
Costa
Rica
Government
International
Bond
6.550
04/03/34
267
2,200,000
(d),(e)
Costa
Rica
Government
International
Bond
5.625
04/30/43
1,820
CZK
26,950,000
Czech
Republic
Government
Bond
1.750
06/23/32
924
5,000,000
(d)
Development
Bank
of
Japan,
Inc
0.500
03/04/24
4,891
3,500,000
(d)
Dominican
Republic
Government
International
Bond
4.875
09/23/32
2,839
CREF
Core
Bond
Account
September
30,
2023
256
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
DOP
8,500,000
(d)
Dominican
Republic
International
Bond
11.250
%
09/15/35
$
154
$
3,050,000
(d)
Dominican
Republic
International
Bond
5.875
01/30/60
2,179
24,960
(d)
Ecuador
Government
International
Bond
0.000
07/31/30
7
141,600
(d)
Ecuador
Government
International
Bond
5.000
07/31/30
72
99,120
(d)
Ecuador
Government
International
Bond
1.000
07/31/35
37
425,000
(d)
Egypt
Government
International
Bond
5.750
05/29/24
394
EGP
19,025,000
Egypt
Government
International
Bond
15.900
07/02/24
571
1,500,000
(d)
Egypt
Government
International
Bond
5.800
09/30/27
984
725,000
(d)
Egypt
Government
International
Bond
7.600
03/01/29
465
EUR
1,100,000
(d)
Egypt
Government
International
Bond
5.625
04/16/30
643
EUR
700,000
(d)
Egypt
Government
International
Bond
6.375
04/11/31
409
325,000
(d)
Egypt
Government
International
Bond
7.053
01/15/32
186
2,700,000
(d)
Egypt
Government
International
Bond
8.500
01/31/47
1,434
1,425,000
Emirate
of
Dubai
Government
International
Bonds
3.900
09/09/50
969
3,500,000
European
Investment
Bank
4.875
02/15/36
3,510
2,000,000
(d)
Export-Import
Bank
of
India
3.875
02/01/28
1,850
2,000,000
(d)
Export-Import
Bank
of
India
2.250
01/13/31
1,551
2,800,000
Export-Import
Bank
of
Korea
0.750
09/21/25
2,551
3,350,000
Export-Import
Bank
of
Korea
1.250
09/21/30
2,551
159
Export-Import
Bank
of
the
United
States
1.822
05/03/25
0^
25,000,000
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
1.540
08/17/35
16,578
EUR
1,325,000
French
Republic
Government
Bond
OAT
0.750
11/25/28
1,243
EUR
1,525,000
French
Republic
Government
Bond
OAT
1.250
05/25/36
1,232
EUR
2,775,000
(d)
French
Republic
Government
Bond
OAT
0.500
05/25/40
1,767
EUR
860,000
French
Republic
Government
Bond
OAT
0.750
05/25/52
426
EUR
960,000
(d)
French
Republic
Government
Bond
OAT
0.750
05/25/53
464
2,325,000
(d)
Ghana
Government
International
Bond
8.125
03/26/32
1,023
1,000,000
(d)
Ghana
Government
International
Bond
8.627
06/16/49
422
450,000
(d)
Guatemala
Government
International
Bond
4.375
06/05/27
415
EUR
750,000
(d)
Hellenic
Republic
Government
Bond
4.375
07/18/38
769
EUR
1,250,000
(d)
Hellenic
Republic
Government
International
Bond
1.500
06/18/30
1,121
EUR
725,000
(d)
Hellenic
Republic
Government
International
Bond
0.750
06/18/31
596
4,305,000
(d)
Hong
Kong
Government
International
Bond
4.625
01/11/33
4,257
HUF
345,000,000
Hungary
Government
International
Bond
5.500
06/24/25
893
1,565,000
(d)
Hungary
Government
International
Bond
6.125
05/22/28
1,559
1,725,000
(d)
Hungary
Government
International
Bond
5.250
06/16/29
1,645
HUF
421,500,000
Hungary
Government
International
Bond
3.000
08/21/30
882
1,150,000
(d)
Hungary
Government
International
Bond
2.125
09/22/31
847
CAD
1,475,000
Hydro-Quebec
5.000
02/15/45
1,091
6,300,000
(d)
Indonesia
Government
International
Bond
4.625
04/15/43
5,406
IDR
7,750,000,000
Indonesia
Treasury
Bond
8.125
05/15/24
507
IDR
10,000,000,000
Indonesia
Treasury
Bond
6.375
04/15/32
630
AUD
500,000
Inter-American
Development
Bank
4.750
08/27/24
322
AUD
900,000
Inter-American
Development
Bank
2.750
10/30/25
558
INR
17,000,000
Inter-American
Development
Bank
7.000
04/17/33
198
CAD
1,300,000
International
Bank
for
Reconstruction
&
Development
1.900
01/16/25
917
IDR
20,900,000,000
International
Bank
for
Reconstruction
&
Development
6.250
01/12/28
1,355
GBP
500,000
International
Finance
Corp
0.250
12/15/25
549
1,153,125
(d)
Iraq
Government
International
Bond
5.800
01/15/28
1,065
EUR
4,315,000
Italy
Buoni
Poliennali
Del
Tesoro
0.450
02/15/29
3,748
EUR
1,875,000
Italy
Buoni
Poliennali
Del
Tesoro
0.950
08/01/30
1,583
EUR
425,000
(d)
Italy
Buoni
Poliennali
Del
Tesoro
1.700
09/01/51
232
EUR
1,000,000
(d)
Ivory
Coast
Government
International
Bond
5.875
10/17/31
869
EUR
100,000
(d)
Ivory
Coast
Government
International
Bond
4.875
01/30/32
80
1,303,973
(d)
Ivory
Coast
Government
International
Bond
(Step
Bond)
5.750
12/31/32
1,161
2,850,000
Jamaica
Government
International
Bond
7.875
07/28/45
3,135
2,500,000
(d)
Japan
Finance
Organization
for
Municipalities
1.000
05/21/25
2,316
JPY
140,000,000
Japan
Finance
Organization
for
Municipalities
0.020
03/13/26
934
JPY
498,000,000
Japan
Government
Five
Year
Bond
0.005
09/20/26
3,322
JPY
327,000,000
Japan
Government
Ten
Year
Bond
0.100
09/20/26
2,187
JPY
162,000,000
Japan
Government
Ten
Year
Bond
0.100
12/20/29
1,062
JPY
225,000,000
Japan
Government
Thirty
Year
Bond
0.500
09/20/46
1,207
257
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
JPY
105,000,000
Japan
Government
Thirty
Year
Bond
0.600
%
09/20/50
$
545
JPY
132,000,000
Japan
Government
Thirty
Year
Bond
0.700
09/20/51
698
JPY
118,500,000
Japan
Government
Thirty
Year
Bond
1.300
06/20/52
730
JPY
119,300,000
Japan
Government
Thirty
Year
Bond
1.600
12/20/52
789
JPY
181,600,000
Japan
Government
Thirty
Year
Bond
1.200
06/20/53
1,087
JPY
202,000,000
Japan
Government
Twenty
Year
Bond
1.400
09/20/34
1,428
JPY
93,000,000
Japan
Government
Twenty
Year
Bond
0.600
12/20/36
589
JPY
219,000,000
Japan
Government
Twenty
Year
Bond
0.500
12/20/38
1,326
JPY
153,000,000
Japan
Government
Twenty
Year
Bond
0.300
06/20/39
890
JPY
385,000,000
Japan
Government
Twenty
Year
Bond
1.100
09/20/42
2,448
JPY
320,000,000
Japan
Government
Two
Year
Bond
0.005
11/01/24
2,143
JPY
348,000,000
Japan
Government
Two
Year
Bond
0.005
07/01/25
2,328
$
925,000
(d)
Jordan
Government
International
Bond
4.950
07/07/25
894
500,000
(d)
Jordan
Government
International
Bond
7.750
01/15/28
498
1,000,000
(d)
Jordan
Government
International
Bond
7.500
01/13/29
975
1,025,000
(d)
Jordan
Government
International
Bond
5.850
07/07/30
909
975,000
(d)
Kenya
Government
International
Bond
7.000
05/22/27
824
EUR
1,875,000
(d)
Kingdom
of
Belgium
Government
Bond
0.000
10/22/27
1,748
EUR
2,900,000
(d)
Kingdom
of
Belgium
Government
Bond
0.350
06/22/32
2,370
EUR
3,950,000
(d)
Kingdom
of
Belgium
Government
Bond
1.450
06/22/37
3,168
2,600,000
(d)
Kommunalbanken
AS.
2.750
02/05/24
2,574
3,000,000
(d)
Kommunalbanken
AS.
1.125
06/14/30
2,358
6,975,000
(d)
Korea
Electric
Power
Corp
1.125
06/15/25
6,463
KRW
1,050,000,000
Korea
Treasury
Bond
2.875
06/10/24
774
KRW
1,270,000,000
Korea
Treasury
Bond
1.500
03/10/25
912
KRW
1,800,000,000
Korea
Treasury
Bond
1.500
12/10/26
1,238
KRW
2,400,000,000
Korea
Treasury
Bond
2.000
06/10/31
1,546
KRW
1,225,000,000
Korea
Treasury
Bond
2.375
12/10/31
806
KRW
2,380,000,000
Korea
Treasury
Bond
2.375
09/10/38
1,435
KRW
400,000,000
Korea
Treasury
Bond
1.875
09/10/41
216
KRW
365,000,000
Korea
Treasury
Bond
2.500
03/10/52
204
MXN
7,800,000
Kreditanstalt
fuer
Wiederaufbau
4.400
07/25/25
397
1,750,000
(c)
Lebanon
Government
International
Bond
6.750
11/29/27
139
645,000
(d)
Magyar
Export-Import
Bank
Zrt
6.125
12/04/27
634
MYR
3,960,000
Malaysia
Government
Bond
3.757
05/22/40
791
MYR
2,610,000
Malaysia
Government
Bond
4.457
03/31/53
558
MXN
23,500,000
Mexican
Bonos
5.750
03/05/26
1,209
MXN
13,700,000
Mexican
Bonos
8.500
11/18/38
693
1,675,000
Mexico
Government
International
Bond
5.400
02/09/28
1,649
3,375,000
Mexico
Government
International
Bond
3.250
04/16/30
2,871
3,001,000
Mexico
Government
International
Bond
6.050
01/11/40
2,769
6,650,000
Mexico
Government
International
Bond
4.280
08/14/41
4,902
3,500,000
Mexico
Government
International
Bond
4.600
02/10/48
2,548
5,075,000
Mexico
Government
International
Bond
4.400
02/12/52
3,511
1,975,000
(d)
Morocco
Government
International
Bond
5.950
03/08/28
1,945
EUR
900,000
(d)
Morocco
Government
International
Bond
1.500
11/27/31
696
4,050,000
(d)
Morocco
Government
International
Bond
5.500
12/11/42
3,275
1,675,000
(d)
Namibia
Government
International
Bond
5.250
10/29/25
1,576
EUR
400,000
(d)
Netherlands
Government
International
Bond
2.750
01/15/47
386
EUR
380,000
(d)
Netherlands
Government
International
Bond
0.000
01/15/52
165
AUD
500,000
New
South
Wales
Treasury
Corp
4.000
05/20/26
319
AUD
2,690,000
New
South
Wales
Treasury
Corp
3.000
04/20/29
1,604
NZD
2,485,000
New
Zealand
Government
International
Bond
0.500
05/15/24
1,442
NZD
1,175,000
New
Zealand
Government
International
Bond
2.750
04/15/25
674
925,000
(d)
Nigeria
Government
International
Bond
8.375
03/24/29
791
NOK
17,250,000
(d)
Norway
Government
International
Bond
2.000
04/26/28
1,474
1,100,000
(d)
Oman
Government
International
Bond
6.000
08/01/29
1,077
2,400,000
(d),(e)
Oman
Government
International
Bond
6.250
01/25/31
2,367
3,575,000
(d)
OPEC
Fund
for
International
Development
4.500
01/26/26
3,491
5,400,000
Panama
Bonos
del
Tesoro
3.362
06/30/31
4,477
2,025,000
Panama
Government
International
Bond
4.300
04/29/53
1,317
3,150,000
Panama
Notas
del
Tesoro
3.750
04/17/26
2,864
CREF
Core
Bond
Account
September
30,
2023
258
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
925,000
(d)
Paraguay
Government
International
Bond
5.400
%
03/30/50
$
729
1,100,000
(d)
Perusahaan
Penerbit
SBSN
Indonesia
III
4.700
06/06/32
1,039
3,000,000
Peruvian
Government
International
Bond
1.862
12/01/32
2,164
1,970,000
Peruvian
Government
International
Bond
3.000
01/15/34
1,517
PEN
3,515,000
(d)
Peruvian
Government
International
Bond
5.400
08/12/34
787
6,170,000
Philippine
Government
International
Bond
4.200
03/29/47
4,759
6,125,000
Private
Export
Funding
Corp
(PEFCO)
1.750
11/15/24
5,843
CAD
875,000
Province
of
Ontario
Canada
2.150
06/02/31
539
CAD
875,000
Province
of
Ontario
Canada
1.900
12/02/51
360
CAD
650,000
Province
of
Quebec
Canada
2.750
09/01/27
446
6,000,000
Province
of
Quebec
Canada
7.500
09/15/29
6,786
2,050,000
(d)
Qatar
Government
International
Bond
3.750
04/16/30
1,912
EUR
425,000
(d)
Republic
of
Cameroon
International
Bond
5.950
07/07/32
297
500,000
(d)
Republic
of
Guatemala
4.650
10/07/41
369
7,000,000
Republic
of
Italy
Government
International
Bond
4.000
10/17/49
4,791
1,000,000
(d)
Republic
of
Paraguay
6.100
08/11/44
877
1,425,000
Republic
of
Poland
Government
International
Bond
5.750
11/16/32
1,426
2,935,000
Republic
of
Poland
Government
International
Bond
5.500
04/04/53
2,653
200,000
Republic
of
South
Africa
Government
International
Bond
5.875
04/20/32
170
ZAR
18,725,000
Republic
of
South
Africa
Government
International
Bond
8.875
02/28/35
779
ZAR
15,100,000
Republic
of
South
Africa
Government
International
Bond
8.750
01/31/44
551
2,800,000
Republic
of
South
Africa
Government
International
Bond
5.375
07/24/44
1,873
350,000
Republic
of
South
Africa
Government
International
Bond
7.300
04/20/52
277
2,150,000
(d)
Republic
of
Uzbekistan
International
Bond
4.750
02/20/24
2,123
UZS
5,708,925,000
(d)
Republic
of
Uzbekistan
International
Bond
14.000
07/19/24
465
RON
5,655,000
Romania
Government
Bond
8.000
04/29/30
1,264
1,850,000
(d)
Romanian
Government
International
Bond
3.000
02/14/31
1,487
EUR
600,000
(d)
Romanian
Government
International
Bond
2.000
01/28/32
456
EUR
500,000
(d)
Romanian
Government
International
Bond
2.000
04/14/33
362
3,300,000
(d)
Romanian
Government
International
Bond
4.000
02/14/51
2,099
3,550,000
(d)
Rwanda
International
Government
Bond
5.500
08/09/31
2,742
3,000,000
(d)
Saudi
Government
International
Bond
3.250
10/26/26
2,812
5,100,000
(d)
Saudi
Government
International
Bond
4.500
04/17/30
4,856
6,150,000
(d)
Saudi
Government
International
Bond
3.750
01/21/55
4,078
EUR
1,000,000
(d)
Senegal
Government
International
Bond
4.750
03/13/28
899
EUR
425,000
(d)
Senegal
Government
International
Bond
5.375
06/08/37
286
1,000,000
(d)
Senegal
Government
International
Bond
6.750
03/13/48
669
EUR
1,250,000
(d)
Serbia
Government
International
Bond
1.500
06/26/29
1,014
EUR
575,000
(d)
Serbia
Government
International
Bond
2.050
09/23/36
359
3,450,000
(d)
Serbia
International
Bond
2.125
12/01/30
2,529
760,000
(d)
Serbia
International
Bond
6.500
09/26/33
722
RSD
96,000,000
Serbia
Treasury
Bonds
5.875
02/08/28
891
RSD
31,700,000
Serbia
Treasury
Bonds
4.500
08/20/32
254
2,000,000
South
Africa
Government
International
Bond
5.875
09/16/25
1,970
EUR
2,550,000
(d)
Spain
Government
International
Bond
2.750
10/31/24
2,667
EUR
845,000
(d)
Spain
Government
International
Bond
1.400
07/30/28
811
EUR
1,475,000
(d)
Spain
Government
International
Bond
0.600
10/31/29
1,310
EUR
625,000
(d)
Spain
Government
International
Bond
0.100
04/30/31
506
EUR
2,350,000
(d)
Spain
Government
International
Bond
1.200
10/31/40
1,557
3,100,000
State
of
Israel
3.375
01/15/50
2,054
6,590,000
Svensk
Exportkredit
AB
1.750
12/12/23
6,541
THB
24,600,000
Thailand
Government
International
Bond
2.875
12/17/28
676
THB
24,400,000
Thailand
Government
International
Bond
3.300
06/17/38
653
EUR
1,000,000
(d)
Ukraine
Government
International
Bond
6.750
06/20/28
270
GBP
485,000
United
Kingdom
Gilt
0.125
01/31/28
494
GBP
1,220,000
United
Kingdom
Gilt
1.625
10/22/28
1,312
GBP
425,000
United
Kingdom
Gilt
0.500
01/31/29
424
GBP
440,000
United
Kingdom
Gilt
3.250
01/31/33
489
259
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
GBP
550,000
United
Kingdom
Gilt
0.875
%
07/31/33
$
481
GBP
2,665,000
United
Kingdom
Gilt
1.750
09/07/37
2,278
GBP
900,000
United
Kingdom
Gilt
3.750
01/29/38
984
GBP
275,000
United
Kingdom
Gilt
1.250
10/22/41
192
GBP
575,000
United
Kingdom
Gilt
1.500
07/22/47
371
GBP
1,875,000
United
Kingdom
Gilt
0.625
10/22/50
844
GBP
1,475,000
United
Kingdom
Gilt
1.500
07/31/53
858
$
5,280,000
Uruguay
Government
International
Bond
4.375
01/23/31
5,048
UYU
20,300,000
Uruguay
Government
International
Bond
8.250
05/21/31
486
1,400,000
Uruguay
Government
International
Bond
5.100
06/18/50
1,238
TOTAL
FOREIGN
GOVERNMENT
BONDS
402,000
MORTGAGE
BACKED
-
20.6%
79,015,715
(a),(d)
Citigroup
Mortgage
Loan
Trust
0.156
02/25/52
601
8,859,109
(a),(d)
Citigroup
Mortgage
Loan
Trust
0.250
02/25/52
107
915,000
(a),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
6.850%
12.165
06/25/43
958
3,715,283
(a)
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
30
D
AVG
SOFR
+
5.806%
0.492
03/15/44
268
8,460,383
FHLMC
3.500
01/15/47
6,980
8,748,411
FHLMC
4.000
01/15/48
7,894
4,643,026
FHLMC
4.000
03/15/48
4,103
7,891,157
(a)
FHLMC
30
D
AVG
SOFR
+
9.737%
1.236
06/15/48
6,727
5,894,936
(a)
FHLMC
30
D
AVG
SOFR
+
9.657%
1.156
10/15/48
4,875
12,933,312
FHLMC
3.000
11/01/49
10,866
5,005,270
FHLMC
2.000
09/25/50
653
13,304,229
FHLMC
3.000
09/25/50
8,292
6,738,954
FHLMC
3.000
10/25/50
4,243
35,920,065
FHLMC
2.500
02/25/51
6,178
8,376,178
FHLMC
2.500
05/25/51
4,627
32,679,193
FHLMC
3.000
11/01/51
27,495
4,741,099
FHLMC
3.000
11/01/51
3,974
2,852,090
FHLMC
3.000
11/01/51
2,416
4,104,213
FHLMC
3.000
11/01/51
3,453
16,862,294
FHLMC
2.000
02/01/52
12,965
33,255,396
FHLMC
2.500
02/01/52
26,669
25,816,987
FHLMC
2.500
03/01/52
20,701
6,792,161
FHLMC
4.000
04/01/52
6,054
8,549,178
FHLMC
3.500
05/01/52
7,360
1,059,267
FHLMC
3.500
06/01/52
914
17,526,947
FHLMC
4.500
06/01/52
16,100
16,651,881
FHLMC
4.500
07/01/52
15,297
3,310,705
FHLMC
4.000
08/25/52
2,468
6,139,667
FHLMC
4.500
10/25/52
5,070
31,808,779
FHLMC
6.000
11/01/52
31,438
7,382,148
FHLMC
5.500
11/25/52
6,917
6,531,487
FHLMC
3.500
12/01/52
5,620
3,510,935
FHLMC
5.500
02/25/53
3,213
22,912,538
FHLMC
5.500
08/01/53
22,151
5,751
Federal
Home
Loan
Mortgage
Corp
Gold
(FGLMC)
8.000
01/01/31
6
3,952
FGLMC
7.000
01/01/32
4
210,044
FGLMC
4.500
07/01/33
198
1,486,721
FGLMC
7.000
12/01/33
1,528
458,968
FGLMC
4.500
10/01/34
433
283,913
FGLMC
4.500
04/01/35
268
396,861
FGLMC
7.000
05/01/35
403
1,193,544
FGLMC
5.000
06/01/36
1,171
422,178
FGLMC
5.000
07/01/39
414
56,240
FGLMC
4.500
12/01/43
53
32,448
FGLMC
4.500
02/01/44
31
1,018,760
FGLMC
4.500
10/01/44
954
599,825
FGLMC
4.500
11/01/44
563
941,528
FGLMC
4.500
11/01/44
884
572,257
FGLMC
4.500
12/01/44
537
CREF
Core
Bond
Account
September
30,
2023
260
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
697,748
FGLMC
4.500
%
12/01/44
$
656
3,211,241
FGLMC
3.500
04/01/45
2,834
444,551
FGLMC
4.500
05/01/45
410
13,862,057
FGLMC
3.500
08/01/45
12,253
1,362,974
FGLMC
4.500
06/01/47
1,282
2,395,534
FGLMC
4.000
09/01/47
2,180
2,412,910
FGLMC
3.500
12/01/47
2,129
8,728,268
FGLMC
4.500
08/01/48
8,188
4,019,925
FGLMC
4.500
10/01/48
3,770
6,492,506
FGLMC
3.500
11/01/48
5,713
2,153
Federal
National
Mortgage
Association
(FNMA)
8.000
07/01/24
2
1,097
FNMA
9.000
11/01/25
1
1,895,985
FNMA
3.500
05/01/32
1,782
11,820,451
FNMA
3.000
10/01/32
10,929
204,223
FNMA
4.500
10/01/33
193
369,353
FNMA
4.500
05/01/35
347
2,320,564
FNMA
5.000
05/01/35
2,274
1,087,586
FNMA
5.000
10/01/35
1,065
908,582
FNMA
5.000
02/01/36
890
2,689,500
FNMA
5.500
11/01/38
2,683
954,306
FNMA
3.000
10/01/39
829
11,598,706
FNMA
3.000
05/01/40
9,995
1,551,817
FNMA
5.000
09/01/40
1,517
3,325,048
FNMA
5.000
05/01/41
3,229
8,846,325
FNMA
4.000
09/01/42
8,062
7,024,762
FNMA
3.500
04/01/43
6,223
6,000,793
FNMA
3.500
09/01/43
5,330
4,912,002
(a)
FNMA
30
D
AVG
SOFR
+
5.836%
0.521
09/25/43
394
6,226,935
FNMA
4.500
03/01/44
5,882
29,469,410
FNMA
4.000
05/01/44
26,819
2,843,491
FNMA
4.500
06/01/44
2,666
2,767,020
FNMA
4.500
10/01/44
2,594
4,641,411
FNMA
4.500
11/01/44
4,353
1,428,377
FNMA
5.000
11/01/44
1,398
1,617,483
FNMA
4.500
12/01/44
1,516
1,920,088
FNMA
4.000
01/01/45
1,749
500,177
FNMA
4.500
03/01/45
469
278,150
FNMA
4.500
04/01/45
261
6,427,229
FNMA
3.500
05/01/45
5,674
8,120,124
FNMA
3.500
01/01/46
7,137
935,089
FNMA
4.000
04/01/46
850
6,644,002
FNMA
3.500
06/01/46
5,849
8,314,922
FNMA
3.500
07/01/46
7,320
14,677,396
FNMA
3.500
07/01/46
13,007
1,399,154
FNMA
3.000
10/01/46
1,163
8,221,202
FNMA
3.500
10/01/46
7,243
3,345,490
FNMA
4.500
05/01/47
3,160
345,460
FNMA
3.000
11/01/47
287
6,265,659
FNMA
3.500
11/01/47
5,540
13,302,910
FNMA
3.500
01/01/48
11,708
5,538,075
FNMA
4.500
01/01/48
5,187
4,844,785
FNMA
4.500
02/01/48
4,537
5,809,834
FNMA
3.500
02/25/48
4,692
3,582,269
FNMA
4.500
05/01/48
3,354
2,719,182
FNMA
4.500
05/01/48
2,545
7,516,857
FNMA
5.000
08/01/48
7,215
447,957
FNMA
3.000
06/01/49
364
17,445,923
FNMA
3.000
07/01/50
14,647
11,658,375
FNMA
2.000
08/25/50
1,598
8,999,938
FNMA
2.000
10/25/50
5,501
30,913,716
FNMA
2.500
11/25/50
4,358
10,253,456
FNMA
3.000
12/25/50
1,681
261
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
3,824,415
FNMA
3.000
%
02/25/51
$
580
65,805,230
FNMA
2.000
04/01/51
50,157
11,332,967
FNMA
3.000
09/01/51
9,500
11,732,235
FNMA
2.500
11/25/51
1,560
31,019,082
FNMA
2.000
12/01/51
23,779
10,512,526
FNMA
2.000
01/01/52
8,143
7,585,115
FNMA
2.000
02/01/52
5,832
28,486,666
FNMA
2.500
02/01/52
22,782
26,286,789
FNMA
2.500
02/01/52
21,044
9,378,474
FNMA
2.500
02/01/52
7,494
12,290,553
FNMA
3.500
02/01/52
10,703
35,022,413
FNMA
2.000
03/01/52
26,802
50,860,510
FNMA
3.000
04/01/52
42,405
20,495,015
FNMA
3.000
04/01/52
17,030
3,868,158
FNMA
3.500
04/01/52
3,332
42,646,873
FNMA
4.000
05/01/52
38,004
3,395,933
FNMA
4.000
05/25/52
2,363
48,625,904
FNMA
3.500
06/01/52
41,972
10,467,721
FNMA
3.500
06/01/52
9,009
29,652,520
FNMA
4.000
06/01/52
26,425
8,449,618
FNMA
4.500
06/01/52
7,763
54,691,141
FNMA
4.000
07/01/52
48,738
15,933,277
FNMA
4.000
07/01/52
14,192
7,851,502
FNMA
4.500
07/01/52
7,213
8,605,456
FNMA
4.500
07/01/52
7,905
5,199,329
FNMA
4.500
07/01/52
4,776
9,358,909
FNMA
4.500
07/25/52
8,037
51,515,990
FNMA
5.000
08/01/52
48,651
5,479,755
FNMA
4.500
08/25/52
4,278
91,759,557
FNMA
4.000
09/01/52
81,735
109,409,899
FNMA
4.500
09/01/52
100,498
29,038,785
FNMA
5.000
09/01/52
27,422
4,150,737
FNMA
4.000
09/25/52
3,154
4,735,495
FNMA
4.000
09/25/52
3,848
73,095,060
FNMA
4.000
10/01/52
65,117
61,176,260
FNMA
4.500
10/01/52
56,195
16,953,183
FNMA
5.000
10/01/52
16,007
4,539,379
FNMA
4.500
10/25/52
4,030
3,974,571
FNMA
4.500
10/25/52
3,480
78,349,140
FNMA
4.500
11/01/52
71,967
7,403,180
FNMA
5.500
11/25/52
6,795
359,497
FNMA
5.000
01/01/53
339
87,032,455
(b)
FNMA
5.000
02/01/53
82,169
59,388,848
FNMA
5.500
02/01/53
57,426
35,646,598
FNMA
5.500
06/01/53
34,462
10,367,065
Government
National
Mortgage
Association
(GNMA)
3.700
10/15/33
9,744
171,811
GNMA
5.000
04/15/38
167
213,784
GNMA
6.500
11/20/38
222
755,233
GNMA
5.000
06/15/39
734
430,601
GNMA
5.000
06/15/39
415
7,388,549
GNMA
5.000
01/20/40
1,581
9,573,393
GNMA
3.700
08/15/40
9,025
9,782,538
GNMA
2.500
12/20/43
8,417
4,515,179
GNMA
3.000
03/20/45
3,841
4,292,639
GNMA
4.500
12/20/45
4,020
3,623,085
GNMA
4.000
06/20/46
477
7,157,658
(a)
GNMA
SOFR
1
M
+
5.986%
0.661
03/20/50
687
16,217,952
GNMA
3.000
11/20/51
10,545
17,972,173
GNMA
3.000
12/20/51
11,748
16,372,628
GNMA
3.000
01/20/52
11,084
5,516,448
GNMA
2.500
02/20/52
4,345
15,037,500
GNMA
3.000
02/20/52
9,358
CREF
Core
Bond
Account
September
30,
2023
262
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
10,391,691
GNMA
4.000
%
04/20/52
$
8,134
84,656,188
GNMA
3.000
05/20/52
71,772
4,683,621
GNMA
3.500
07/20/52
4,103
5,335,150
GNMA
4.000
07/20/52
3,931
12,351,738
GNMA
4.000
08/20/52
11,130
7,677,803
GNMA
4.000
09/20/52
6,918
9,503,334
GNMA
4.500
09/20/52
7,977
8,069,864
GNMA
4.500
09/20/52
6,975
6,726,439
GNMA
4.500
09/20/52
5,781
4,581,216
GNMA
4.500
09/20/52
3,716
10,017,598
GNMA
5.000
11/20/52
9,509
5,245,909
GNMA
4.500
02/20/53
4,370
4,464,604
GNMA
5.500
02/20/53
4,009
10,004,093
(a)
GNMA
30
D
AVG
SOFR
+
23.205%
2.479
08/20/53
9,424
7,030,964
(a)
GNMA
30
D
AVG
SOFR
+
25.350%
4.624
08/20/53
7,097
13,736,574
(a)
HUD
Office
of
the
Secretary
(GNMA)
30
D
AVG
SOFR
+
6.950%
1.636
05/20/53
823
25,966,817
(a),(d)
JP
Morgan
Mortgage
Trust
0.128
06/25/51
136
45,453,098
(a),(d)
JP
Morgan
Mortgage
Trust
0.112
11/25/51
239
45,096,451
(a),(d)
JP
Morgan
Mortgage
Trust
0.121
12/25/51
247
91,937,688
(d)
JP
Morgan
Mortgage
Trust
0.224
07/25/52
897
2,795,000
(a)
Morgan
Stanley
Capital
I
Trust
3.779
05/15/48
2,662
5,647,212
(a),(d)
OBX
3.000
01/25/52
4,357
914,788
(a),(d)
RCKT
Mortgage
Trust
4.000
06/25/52
763
1,284,796
(a),(d)
Structured
Agency
Credit
Risk
Debt
Note
(STACR)
30
D
AVG
SOFR
+
1.500%
6.815
10/25/41
1,268
1,180,000
(a),(d)
STACR
30
D
AVG
SOFR
+
2.500%
7.815
01/25/42
1,156
17,420,000
(a),(d)
STACR
30
D
AVG
SOFR
+
2.400%
7.715
02/25/42
17,542
3,480,000
(a),(d)
STACR
30
D
AVG
SOFR
+
4.750%
10.065
02/25/42
3,533
16,690,000
(a),(d)
STACR
30
D
AVG
SOFR
+
2.900%
8.215
04/25/42
17,084
5,220,000
(a),(d)
STACR
30
D
AVG
SOFR
+
5.650%
8.647
04/25/42
5,541
25,280,000
(a),(d)
STACR
30
D
AVG
SOFR
+
3.350%
8.665
05/25/42
26,258
31,100,000
(a),(d)
STACR
30
D
AVG
SOFR
+
4.500%
9.815
06/25/42
33,450
20,340,000
(a),(d)
STACR
30
D
AVG
SOFR
+
4.000%
9.315
07/25/42
21,187
15,170,000
(a),(d)
STACR
30
D
AVG
SOFR
+
3.700%
9.015
09/25/42
15,928
140,861
(a),(d)
STACR
3.784
02/25/48
131
29,416
(a),(d)
STACR
3.837
05/25/48
28
TOTAL
MORTGAGE
BACKED
2,102,177
MUNICIPAL
BONDS
-
3.0%
2,975,000
Chicago
Housing
Authority
3.682
01/01/25
2,896
245,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
3.264
09/01/25
234
1,000,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
4.038
09/01/34
862
845,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
3.750
09/01/37
688
2,000,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
4.000
09/01/48
1,492
3,995,000
City
of
Los
Angeles
CA
Wastewater
System
Revenue
4.029
06/01/39
3,346
4,940,000
City
of
New
York
NY
3.200
12/01/26
4,638
1,575,000
City
of
San
Antonio
TX
Customer
Facility
Charge
Revenue
4.353
07/01/25
1,533
4,055,000
Commonwealth
Financing
Authority
3.864
06/01/38
3,431
19,355,000
Commonwealth
Financing
Authority
3.807
06/01/41
15,515
1,500,000
County
of
Miami-Dade
FL
Aviation
Revenue
2.368
10/01/23
1,500
2,500,000
County
of
Miami-Dade
FL
Aviation
Revenue
3.285
10/01/23
2,500
3,500,000
County
of
Miami-Dade
FL
Aviation
Revenue
2.504
10/01/24
3,391
4,365,000
County
of
Miami-Dade
FL
Aviation
Revenue
2.604
10/01/25
4,123
2,375,000
County
of
Miami-Dade
FL
Aviation
Revenue
3.505
10/01/25
2,283
2,500,000
County
of
Miami-Dade
FL
Aviation
Revenue
2.704
10/01/26
2,319
3,940,000
County
of
Miami-Dade
FL
Aviation
Revenue
3.049
10/01/26
3,691
3,750,000
County
of
Miami-Dade
FL
Aviation
Revenue
3.612
10/01/26
3,571
4,700,000
County
of
Miami-Dade
FL
Aviation
Revenue
2.529
10/01/30
3,921
3,730,000
County
of
Miami-Dade
FL
Aviation
Revenue
3.732
10/01/37
3,021
263
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
3,900,000
County
of
Miami-Dade
FL
Aviation
Revenue
3.982
%
10/01/41
$
3,091
9,160,000
County
of
Miami-Dade
FL
Aviation
Revenue
4.280
10/01/41
7,687
2,000,000
Duke
University
3.199
10/01/38
1,528
5,080,000
Illinois
Finance
Authority
3.944
08/15/47
3,744
4,805,000
Los
Angeles
County
Redevelopment
Refunding
Authority
Redev
Agency
Successor
Agy
3.375
09/01/35
3,883
1,815,000
New
York
City
Housing
Development
Corp
3.573
11/01/23
1,812
1,000,000
New
York
City
Housing
Development
Corp
3.650
05/01/24
987
5,680,000
New
York
State
Dormitory
Authority
3.998
07/01/39
4,749
10,605,000
New
York
State
Dormitory
Authority
4.294
07/01/44
8,845
6,000,000
New
York
State
Dormitory
Authority
3.879
07/01/46
4,550
5,000,000
New
York
State
Thruway
Authority
2.256
01/01/25
4,803
6,460,000
New
York
State
Thruway
Authority
2.406
01/01/26
6,071
4,750,000
New
York
State
Thruway
Authority
2.500
01/01/27
4,384
3,400,000
Port
of
Corpus
Christi
Authority
of
Nueces
County
3.287
12/01/23
3,386
1,500,000
Port
of
Corpus
Christi
Authority
of
Nueces
County
3.387
12/01/24
1,460
1,000,000
Port
of
Corpus
Christi
Authority
of
Nueces
County
3.487
12/01/25
958
1,910,000
Public
Finance
Authority
4.269
07/01/40
1,567
6,360,000
San
Jose
Redevelopment
Agency
Successor
Agency
3.375
08/01/34
5,496
13,060,000
State
of
California
4.600
04/01/38
11,736
10,500,000
State
of
Illinois
3.150
06/15/26
9,807
12,500,000
State
of
Illinois
3.250
06/15/27
11,452
27,150,000
State
of
Illinois
5.100
06/01/33
25,799
9,700,000
State
of
Oregon
Department
of
Administrative
Services
4.103
05/01/39
8,192
9,900,000
State
of
Wisconsin
3.154
05/01/27
9,311
25,860,000
University
of
California
3.063
07/01/25
24,928
17,045,000
University
of
California
3.931
05/15/45
14,611
21,000,000
University
of
Chicago
4.151
10/01/45
16,478
7,620,000
University
of
Massachusetts
Building
Authority
3.097
11/01/35
6,025
13,000,000
University
of
Massachusetts
Building
Authority
3.434
11/01/40
9,953
20,000,000
University
of
New
Mexico
3.532
06/20/32
18,260
2,160,000
Virginia
Port
Authority
4.228
07/01/36
1,909
390,000
Washington
Convention
&
Sports
Authority
3.969
10/01/30
357
TOTAL
MUNICIPAL
BONDS
302,774
U.S.
TREASURY
SECURITIES
-
18.0%
9,000,000
Federal
National
Mortgage
Association
(FNMA)
1.625
08/24/35
6,031
4,500,000
United
States
Treasury
Bond
4.750
02/15/37
4,578
22,750,000
United
States
Treasury
Bond
3.500
02/15/39
19,653
12,050,000
United
States
Treasury
Bond
3.875
08/15/40
10,699
20,935,000
United
States
Treasury
Bond
4.375
05/15/41
19,737
6,000,000
United
States
Treasury
Bond
2.750
11/15/42
4,380
35,680,000
United
States
Treasury
Bond
3.000
05/15/45
26,497
41,710,000
United
States
Treasury
Bond
2.875
08/15/45
30,209
52,140,000
United
States
Treasury
Bond
2.500
05/15/46
34,924
1,075,000
United
States
Treasury
Bond
3.000
05/15/47
789
30,710,000
United
States
Treasury
Bond
2.750
11/15/47
21,416
6,155,000
United
States
Treasury
Bond
3.125
05/15/48
4,609
51,995,000
United
States
Treasury
Bond
3.000
08/15/48
38,009
20,120,000
United
States
Treasury
Bond
3.375
11/15/48
15,781
113,890,000
United
States
Treasury
Note
3.875
03/31/25
111,626
2,205,000
United
States
Treasury
Note
0.250
10/31/25
1,999
177,485,000
United
States
Treasury
Note
4.000
02/15/26
173,734
2,765,000
United
States
Treasury
Note
4.625
03/15/26
2,746
32,650,000
United
States
Treasury
Note
4.500
07/15/26
32,349
30,850,000
United
States
Treasury
Note
0.500
10/31/27
26,096
255,364,000
United
States
Treasury
Note
3.500
04/30/28
243,394
242,789,000
United
States
Treasury
Note
4.375
08/31/28
240,380
1,250,000
United
States
Treasury
Note
1.250
09/30/28
1,062
109,835,000
United
States
Treasury
Note
3.500
04/30/30
102,794
2,312,500
United
States
Treasury
Note
4.000
07/31/30
2,228
138,620,000
United
States
Treasury
Note
3.875
08/15/33
130,974
10,000,000
United
States
Treasury
Note
1.125
08/15/40
5,684
CREF
Core
Bond
Account
September
30,
2023
264
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
85,325,800
United
States
Treasury
Note
2.375
%
02/15/42
$
58,978
26,721,000
United
States
Treasury
Note
3.250
05/15/42
21,293
91,758,000
United
States
Treasury
Note
3.375
08/15/42
74,346
54,100,000
United
States
Treasury
Note
3.875
02/15/43
47,084
49,620,000
United
States
Treasury
Note
3.875
05/15/43
43,138
256,002,000
United
States
Treasury
Note
2.250
02/15/52
157,101
44,786,000
United
States
Treasury
Note
3.625
02/15/53
37,039
45,090,000
United
States
Treasury
Note
3.625
05/15/53
37,333
60,000,000
United
States
Treasury
Note
4.125
08/15/53
54,469
TOTAL
U.S.
TREASURY
SECURITIES
1,843,159
TOTAL
GOVERNMENT
BONDS
4,650,110
(Cost
$5,223,838)
STRUCTURED
ASSETS
-
19.2%
ASSET
BACKED
-
6.3%
1,000,000
(d)
Affirm
Asset
Securitization
Trust
7.640
09/15/28
1,001
Series
-
2023
B
(Class
A)
5,000,000
(a),(d)
AGL
CLO
19
Ltd
SOFR
3
M
+
2.750%
8.084
07/21/35
5,010
Series
-
2022
19A
(Class
B1)
7,100,000
(a),(d)
AIMCO
CLO
16
Ltd
SOFR
3
M
+
1.912%
7.220
01/17/35
7,007
Series
-
2021
16A
(Class
B)
7,500,000
(a),(d)
AIMCO
CLO
Series
SOFR
3
M
+
1.762%
7.088
04/20/34
7,316
Series
-
2017
AA
(Class
BR)
4,120,000
AmeriCredit
Automobile
Receivables
Trust
2.130
03/18/26
3,939
Series
-
2020
2
(Class
D)
6,190,000
AmeriCredit
Automobile
Receivables
Trust
1.490
09/18/26
5,771
Series
-
2020
3
(Class
D)
3,499,000
(d)
AMSR
Trust
3.148
01/19/39
3,170
Series
-
2019
SFR1
(Class
C)
3,347,000
(d)
AMSR
Trust
3.247
01/19/39
3,022
Series
-
2019
SFR1
(Class
D)
74,236
(d)
Asset
Backed
Funding
Corp
NIM
Trust
5.900
07/26/35
0^
Series
-
2005
WMC1
(Class
N1)
9,500,000
(d)
Avis
Budget
Rental
Car
Funding
AESOP
LLC
1.380
08/20/27
8,382
Series
-
2021
1A
(Class
A)
4,400,000
(d)
BHG
Securitization
Trust
1.670
10/17/34
3,916
Series
-
2021
B
(Class
B)
1,692,256
(d)
BRE
Grand
Islander
Timeshare
Issuer
LLC
3.280
09/26/33
1,590
Series
-
2019
A
(Class
A)
EUR
729,520
(a),(d)
Bruegel
2021
DAC
EURIBOR
3
M
+
2.470%
6.286
05/22/31
690
Series
-
2021
1A
(Class
D)
1,125,000
(a),(d)
BX
Trust
SOFR
1
M
+
3.339%
8.671
05/15/38
1,128
Series
-
2023
DELC
(Class
B)
12,187,325
(d)
Capital
Automotive
REIT
2.690
02/15/50
11,503
Series
-
2020
1A
(Class
A1)
5,699,928
(d)
Capital
Automotive
REIT
1.440
08/15/51
4,931
Series
-
2021
1A
(Class
A1)
4,215,019
(d)
Capital
Automotive
REIT
1.920
08/15/51
3,616
Series
-
2021
1A
(Class
A3)
9,762,500
(d)
Cars
Net
Lease
Mortgage
Notes
Series
2.010
12/15/50
7,998
Series
-
2020
1A
(Class
A1)
4,887,960
Carvana
Auto
Receivables
Trust
0.970
03/10/28
4,598
Series
-
2021
N2
(Class
A2)
392,614
Carvana
Auto
Receivables
Trust
1.270
03/10/28
374
Series
-
2021
N2
(Class
D)
EUR
595,590
(a),(d)
Cassia
SRL
EURIBOR
3
M
+
3.500%
7.316
05/22/34
586
Series
-
2022
1A
(Class
B)
4,150,000
(a),(d)
Cayuga
Park
CLO
Ltd
SOFR
3
M
+
1.912%
1.000
07/17/34
4,085
Series
-
2020
1A
(Class
B1R)
265
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
477,417
(a)
C-BASS
Trust
SOFR
1
M
+
0.274%
3.190
%
07/25/36
$
453
Series
-
2006
CB6
(Class
A1)
17,179,533
(d)
CF
Hippolyta
LLC
1.690
07/15/60
15,605
Series
-
2020
1
(Class
A1)
5,039,506
(d)
CF
Hippolyta
LLC
1.990
07/15/60
4,223
Series
-
2020
1
(Class
A2)
2,941,208
(d)
CF
Hippolyta
LLC
2.280
07/15/60
2,583
Series
-
2020
1
(Class
B1)
18,848,951
(d)
CF
Hippolyta
LLC
1.530
03/15/61
16,548
Series
-
2021
1A
(Class
A1)
4,476,626
(d)
CF
Hippolyta
LLC
1.980
03/15/61
3,832
Series
-
2021
1A
(Class
B1)
428,194
(a)
Chase
Funding
Mortgage
Loan
Asset-Backed
Certificates
5.700
02/26/35
377
Series
-
2004
2
(Class
1M2)
1,358,404
(a),(d)
CIFC
Funding
Ltd
SOFR
3
M
+
1.482%
6.808
07/20/30
1,359
Series
-
2017
3A
(Class
A1)
2,000,000
(a),(d)
CIFC
Funding
Ltd
SOFR
3
M
+
1.862%
7.170
11/16/30
1,989
Series
-
2017
5A
(Class
A2)
5,500,000
(a),(d)
CIFC
Funding
Ltd
SOFR
3
M
+
3.000%
8.346
10/22/35
5,552
Series
-
2022
7A
(Class
B1)
32,599
CIT
Group
Home
Equity
Loan
Trust
(Step
Bond)
6.200
02/25/30
32
Series
-
2002
1
(Class
AF6)
6,520,000
(a)
Citibank
Credit
Card
Issuance
Trust
SOFR
1
M
+
0.884%
6.218
05/14/29
6,548
Series
-
2017
A6
(Class
A6)
2,000,000
(a)
COMM
Mortgage
Trust
3.926
03/10/48
1,827
Series
-
2015
CR22
(Class
B)
7,900,800
(d)
DB
Master
Finance
LLC
4.021
05/20/49
7,385
Series
-
2019
1A
(Class
A2II)
36,843,750
(d)
DB
Master
Finance
LLC
2.045
11/20/51
32,252
Series
-
2021
1A
(Class
A2I)
29,082,000
(d)
DB
Master
Finance
LLC
2.493
11/20/51
24,262
Series
-
2021
1A
(Class
A2II)
1,969,275
(d)
Diamond
Resorts
Owner
Trust
2.890
02/20/32
1,968
Series
-
2019
1A
(Class
A)
300,739
(d)
Diamond
Resorts
Owner
Trust
2.700
11/21/33
275
Series
-
2021
1A
(Class
C)
27,932,063
(d)
Domino's
Pizza
Master
Issuer
LLC
2.662
04/25/51
23,548
Series
-
2021
1A
(Class
A2I)
3,800,000
(a),(d)
Dryden
49
Senior
Loan
Fund
SOFR
3
M
+
1.862%
7.172
07/18/30
3,786
Series
-
2017
49A
(Class
BR)
2,634,830
(d)
DT
Auto
Owner
Trust
0.840
10/15/26
2,587
Series
-
2021
1A
(Class
C)
714,416
(a),(d)
Ellington
Loan
Acquisition
Trust
SOFR
1
M
+
1.214%
6.534
05/25/37
703
Series
-
2007
2
(Class
A2C)
1,964,648
(d)
FCI
Funding
LLC
1.130
04/15/33
1,907
Series
-
2021
1A
(Class
A)
4,914,029
(d)
FNA
VI
LLC
1.350
01/10/32
4,480
Series
-
2021
1A
(Class
A)
973,648
(a),(d)
GoldenTree
Loan
Opportunities
IX
Ltd
SOFR
3
M
+
1.372%
6.741
10/29/29
974
Series
-
2014
9A
(Class
AR2)
1,000,000
(a),(d)
Gracie
Point
International
Fun
0.000
09/01/26
1,001
Series
-
2023
1A
(Class
A)
33,120,997
(a),(d)
Gracie
Point
International
Funding
30
D
AVG
SOFR
+
2.750%
8.066
07/01/24
33,279
Series
-
2022
2A
(Class
A)
6,925,000
(a),(d)
Gracie
Point
International
Funding
30
D
AVG
SOFR
+
3.350%
8.666
07/01/24
6,976
Series
-
2022
2A
(Class
B)
4,000,000
(d)
GSCG
Trust
2.936
09/06/34
3,344
Series
-
2019
600C
(Class
A)
222,158
(d)
HERO
Funding
Trust
3.280
09/20/48
187
Series
-
2017
2A
(Class
A1)
444,315
(d)
HERO
Funding
Trust
4.070
09/20/48
385
Series
-
2017
2A
(Class
A2)
CREF
Core
Bond
Account
September
30,
2023
266
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
24,000,000
(d)
Hertz
Vehicle
Financing
LLC
1.210
%
12/26/25
$
22,776
Series
-
2021
1A
(Class
A)
912,423
(d)
Hilton
Grand
Vacations
Trust
2.660
12/26/28
909
Series
-
2017
AA
(Class
A)
786,965
(d)
Hilton
Grand
Vacations
Trust
2.960
12/26/28
783
Series
-
2017
AA
(Class
B)
2,543,194
(d)
Hilton
Grand
Vacations
Trust
2.340
07/25/33
2,383
Series
-
2019
AA
(Class
A)
328,923
(a)
Home
Equity
Asset
Trust
SOFR
1
M
+
1.614%
3.986
06/25/33
318
Series
-
2003
1
(Class
M1)
1,499,931
(a),(d)
Invitation
Homes
Trust
SOFR
1
M
+
1.364%
6.697
01/17/38
1,494
Series
-
2018
SFR4
(Class
B)
2,613,676
(d)
JG
Wentworth
XXII
LLC
3.820
12/15/48
2,583
Series
-
2010
3A
(Class
A)
5,000,000
(a),(d)
KKR
Clo
32
Ltd
SOFR
3
M
+
2.012%
7.320
01/15/32
4,974
Series
-
2020
32A
(Class
B)
3,500,000
(a),(d)
Madison
Park
Funding
LV
Ltd
SOFR
3
M
+
2.900%
8.210
07/18/35
3,519
Series
-
2022
55A
(Class
B1)
5,500,000
(a),(d)
Madison
Park
Funding
XXI
Ltd
SOFR
3
M
+
1.912%
7.220
10/15/32
5,449
Series
-
2016
21A
(Class
A2RR)
530,000
(a),(d)
Magnetite
XVIII
Ltd
SOFR
3
M
+
1.762%
7.126
11/15/28
526
Series
-
2016
18A
(Class
BR)
3,500,000
(a),(d)
Massachusetts
St
SOFR
3
M
+
1.912%
7.220
01/15/35
3,458
Series
-
2021
3A
(Class
B)
3,091,376
(d)
MVW
LLC
1.140
01/22/41
2,806
Series
-
2021
1WA
(Class
A)
952,495
(d)
MVW
Owner
Trust
2.420
12/20/34
930
Series
-
2017
1A
(Class
A)
1,112,797
(d)
MVW
Owner
Trust
3.450
01/21/36
1,086
Series
-
2018
1A
(Class
A)
1,225,064
(d)
MVW
Owner
Trust
2.890
11/20/36
1,173
Series
-
2019
1A
(Class
A)
4,124,711
(d)
MVW
Owner
Trust
2.220
10/20/38
3,866
Series
-
2019
2A
(Class
A)
2,488,016
(d)
Navient
Private
Education
Refi
Loan
Trust
1.310
01/15/69
2,252
Series
-
2020
HA
(Class
A)
4,747,688
(d)
Navient
Private
Education
Refi
Loan
Trust
0.840
05/15/69
4,107
Series
-
2021
A
(Class
A)
2,173,948
(d)
Navient
Student
Loan
Trust
3.390
12/15/59
2,055
Series
-
2019
BA
(Class
A2A)
1,037,566
(a),(d)
Navient
Student
Loan
Trust
LIBOR
1
M
+
1.094%
6.427
12/15/59
1,027
Series
-
2019
BA
(Class
A2B)
10,000,000
(a),(d)
Neuberger
Berman
CLO
Ltd
SOFR
3
M
+
1.800%
7.151
04/25/36
9,799
Series
-
2022
48A
(Class
B)
8,600,000
(a),(d)
Neuberger
Berman
Loan
Advisers
CLO
31
Ltd
SOFR
3
M
+
1.812%
7.138
04/20/31
8,527
Series
-
2019
31A
(Class
BR)
1,000,000
(a),(d)
Neuberger
Berman
Loan
Advisers
Clo
43
Ltd
SOFR
3
M
+
1.862%
7.170
07/17/35
987
Series
-
2021
43A
(Class
B)
6,650,000
(a),(d)
OHA
Credit
Funding
10
Ltd
SOFR
3
M
+
1.912%
7.222
01/18/36
6,589
Series
-
2021
10A
(Class
B)
2,250,000
(a),(d)
OHA
Credit
Funding
6
Ltd
SOFR
3
M
+
1.912%
7.238
07/20/34
2,237
Series
-
2020
6A
(Class
BR)
1,006,612
(d)
OneMain
Financial
Issuance
Trust
3.840
05/14/32
1,005
Series
-
2020
1A
(Class
A)
10,015,000
(d)
OneMain
Financial
Issuance
Trust
4.890
10/14/34
9,804
Series
-
2022
2A
(Class
A)
17,350,000
(d)
OneMain
Financial
Issuance
Trust
1.750
09/14/35
15,567
Series
-
2020
2A
(Class
A)
21,646,000
(a),(d)
OneMain
Financial
Issuance
Trust
30
D
AVG
SOFR
+
0.760%
6.073
06/16/36
21,179
Series
-
2021
1A
(Class
A2)
3,238,381
(d)
Oportun
Funding
XIV
LLC
1.210
03/08/28
3,113
Series
-
2021
A
(Class
A)
267
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
311,931
(d)
Orange
Lake
Timeshare
Trust
3.100
%
11/08/30
$
300
Series
-
2018
A
(Class
A)
8,000,000
(a),(d)
Palmer
Square
CLO
Ltd
SOFR
3
M
+
1.800%
7.126
04/20/35
7,863
Series
-
2022
1A
(Class
B)
5,500,000
(d)
PFS
Financing
Corp
1.000
10/15/25
5,489
Series
-
2020
E
(Class
A)
9,861,000
(d)
PFS
Financing
Corp
0.970
02/15/26
9,680
Series
-
2020
G
(Class
A)
3,000,000
(a),(d)
PNMSR
2018-GT1
A
Mtge
LIBOR
1
M
+
2.650%
8.084
08/25/25
3,003
Series
-
2018
GT2
(Class
A)
1,450,000
(d)
Progress
Residential
Trust
2.711
11/17/40
1,181
Series
-
2021
SFR9
(Class
D)
1,000,000
(d)
Purchasing
Power
Funding
LLC
4.370
10/15/25
958
Series
-
2021
A
(Class
D)
8,660,582
Santander
Drive
Auto
Receivables
Trust
2.220
09/15/26
8,534
Series
-
2020
2
(Class
D)
3,436,604
Santander
Drive
Auto
Receivables
Trust
1.480
01/15/27
3,347
Series
-
2020
4
(Class
D)
34,000,000
Santander
Drive
Auto
Receivables
Trust
1.670
10/15/27
31,528
Series
-
2021
4
(Class
D)
20,185,375
(d)
SERVPRO
Master
Issuer
LLC
2.394
04/25/51
16,662
Series
-
2021
1A
(Class
A2)
989,263
(d)
Sierra
Timeshare
Receivables
Funding
LLC
3.200
01/20/36
971
Series
-
2019
1A
(Class
A)
1,537,733
(d)
Sierra
Timeshare
Receivables
Funding
LLC
2.590
05/20/36
1,492
Series
-
2019
2A
(Class
A)
897,864
(d)
Sierra
Timeshare
Receivables
Funding
LLC
2.340
08/20/36
847
Series
-
2019
3A
(Class
A)
1,177,411
(d)
Sierra
Timeshare
Receivables
Funding
LLC
0.990
11/20/37
1,099
Series
-
2021
1A
(Class
A)
1,276,631
(d)
Sierra
Timeshare
Receivables
Funding
LLC
1.340
11/20/37
1,191
Series
-
2021
1A
(Class
B)
707,770
(d)
Sierra
Timeshare
Receivables
Funding
LLC
1.790
11/20/37
657
Series
-
2021
1A
(Class
C)
1,696,134
(d)
SMB
Private
Education
Loan
Trust
2.430
02/17/32
1,643
Series
-
2016
B
(Class
A2A)
3,119,580
(d)
SMB
Private
Education
Loan
Trust
2.880
09/15/34
2,998
Series
-
2017
A
(Class
A2A)
4,056,413
(d)
SMB
Private
Education
Loan
Trust
2.820
10/15/35
3,873
Series
-
2017
B
(Class
A2A)
1,901,479
(d)
SMB
Private
Education
Loan
Trust
3.500
02/15/36
1,819
Series
-
2018
A
(Class
A2A)
89,517
(d)
SoFi
Professional
Loan
Program
LLC
2.630
07/25/40
89
Series
-
2017
C
(Class
A2B)
2,014,546
(d)
SoFi
Professional
Loan
Program
LLC
2.840
01/25/41
1,938
Series
-
2017
F
(Class
A2FX)
3,504,025
(d)
SoFi
Professional
Loan
Program
LLC
2.950
02/25/42
3,381
Series
-
2018
A
(Class
A2B)
1,561,176
(d)
SoFi
Professional
Loan
Program
LLC
3.690
06/15/48
1,492
Series
-
2019
A
(Class
A2FX)
3,530,362
(d)
SpringCastle
America
Funding
LLC
1.970
09/25/37
3,204
Series
-
2020
AA
(Class
A)
9,021,000
(d)
SpringCastle
America
Funding
LLC
2.660
09/25/37
7,895
Series
-
2020
AA
(Class
B)
6,475,000
(d)
Stack
Infrastructure
Issuer
LLC
1.893
08/25/45
5,878
Series
-
2020
1A
(Class
A2)
5,875,000
(d)
Stack
Infrastructure
Issuer
LLC
1.877
03/26/46
5,171
Series
-
2021
1A
(Class
A2)
124,731
(a)
Structured
Asset
Investment
Loan
Trust
SOFR
1
M
+
1.014%
6.334
09/25/34
120
Series
-
2004
8
(Class
M1)
1,781,250
(d)
Taco
Bell
Funding
LLC
4.970
05/25/46
1,717
Series
-
2016
1A
(Class
A23)
CREF
Core
Bond
Account
September
30,
2023
268
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
26,399,775
(d)
Taco
Bell
Funding
LLC
1.946
%
08/25/51
$
22,827
Series
-
2021
1A
(Class
A2I)
16,122,825
(d)
Taco
Bell
Funding
LLC
2.294
08/25/51
13,170
Series
-
2021
1A
(Class
A2II)
1,050,000
(d)
Tesla
Auto
Lease
Trust
6.840
08/20/27
1,050
Series
-
2023
B
(Class
B)
7,000,000
(a),(d)
TICP
CLO
VIII
Ltd
SOFR
3
M
+
1.962%
7.288
10/20/34
6,889
Series
-
2017
8A
(Class
A2R)
1,275,000
(d)
Tricon
American
Homes
Trust
2.049
07/17/38
1,137
Series
-
2020
SFR1
(Class
B)
440,000
Verizon
Owner
Trust
0.770
04/21/25
435
Series
-
2020
C
(Class
C)
19,286,075
(d)
Wendy's
Funding
LLC
2.370
06/15/51
15,835
Series
-
2021
1A
(Class
A2I)
TOTAL
ASSET
BACKED
644,504
OTHER
MORTGAGE
BACKED
-
12.9%
1,600,000
(a),(d)
20
Times
Square
Trust
3.203
05/15/35
1,351
Series
-
2018
20TS
(Class
B)
12,000,000
(a),(d)
20
TSQ
GROUNDCO
LLC
3.203
05/15/35
8,916
Series
-
2018
20TS
(Class
E)
1,377,997
(a),(d)
ACRE
Commercial
Mortgage
Ltd
SOFR
1
M
+
0.944%
6.275
12/18/37
1,369
Series
-
2021
FL4
(Class
A)
1,094,269
(a),(d)
Agate
Bay
Mortgage
Trust
3.500
09/25/45
947
Series
-
2015
6
(Class
A9)
5,000,000
(a),(d)
Alen
Mortgage
Trust
SOFR
1
M
+
2.364%
7.697
04/15/34
3,690
Series
-
2021
ACEN
(Class
C)
5,176,000
(a),(d)
Angel
Oak
Mortgage
Trust
2.837
11/25/66
3,239
Series
-
2021
8
(Class
A3)
GBP
420,888
(a),(d)
Atom
Mortgage
Securities
DAC
SONIA
Interest
Rate
Benchmark
+
1.900%
7.070
07/22/31
442
Series
-
2021
1A
(Class
D)
1,067,340
(a)
BANK
4.087
11/15/50
868
Series
-
2017
BNK8
(Class
B)
2,500,000
(a)
BANK
4.231
11/15/50
1,556
Series
-
2017
BNK8
(Class
C)
1,000,000
BANK
3.093
10/17/52
812
Series
-
2019
BN21
(Class
AS)
3,800,000
BANK
3.203
12/15/52
3,117
Series
-
2019
BN23
(Class
AS)
1,000,000
(a)
BANK
3.851
07/15/60
811
Series
-
2017
BNK6
(Class
C)
1,663,256
BANK
2.758
09/15/62
1,385
Series
-
2019
BN20
(Class
A2)
8,000,000
(a)
BANK
3.283
11/15/62
6,651
Series
-
2019
BN24
(Class
AS)
1,183,000
(a)
BANK
3.635
11/15/62
813
Series
-
2019
BN24
(Class
C)
6,602,193
(a),(d)
Bayview
MSR
Opportunity
Master
Fund
Trust
3.000
10/25/51
5,094
Series
-
2021
6
(Class
A19)
1,250,000
(a),(d)
BBCMS
Mortgage
Trust
4.409
08/05/38
816
Series
-
2018
CHRS
(Class
E)
3,500,757
BBCMS
Mortgage
Trust
3.488
02/15/50
3,327
Series
-
2017
C1
(Class
ASB)
4,700,000
(a)
BBCMS
Mortgage
Trust
6.383
07/15/56
4,686
Series
-
2023
C20
(Class
A2)
4,600,000
(a),(d)
Benchmark
Mortgage
Trust
2.791
09/15/48
3,528
Series
-
2020
IG2
(Class
AM)
2,740,000
(a),(d)
Benchmark
Mortgage
Trust
3.233
09/15/48
2,081
Series
-
2020
IG3
(Class
AS)
2,500,000
(a),(d)
Benchmark
Mortgage
Trust
3.654
09/15/48
2,144
Series
-
2020
IG3
(Class
BXA)
269
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
3,452,143
Benchmark
Mortgage
Trust
4.016
%
03/15/52
$
3,088
Series
-
2019
B9
(Class
A5)
3,000,000
Benchmark
Mortgage
Trust
3.784
05/15/52
2,467
Series
-
2019
B11
(Class
AS)
830,000
Benchmark
Mortgage
Trust
4.241
05/15/53
761
Series
-
2018
B7
(Class
A3)
5,921,744
(a)
Benchmark
Mortgage
Trust
4.510
05/15/53
5,529
Series
-
2018
B7
(Class
A4)
1,000,000
Benchmark
Mortgage
Trust
2.355
07/15/54
676
Series
-
2021
B27
(Class
B)
10,000,000
(a)
Benchmark
Mortgage
Trust
2.244
08/15/54
6,776
Series
-
2021
B28
(Class
B)
3,150,000
Benchmark
Mortgage
Trust
2.429
08/15/54
2,324
Series
-
2021
B28
(Class
AS)
3,000,000
(a)
BENCHMARK
Mortgage
Trust
4.434
02/15/51
2,244
Series
-
2018
B2
(Class
C)
9,500,000
BMARK
AS
2.612
09/15/54
7,173
Series
-
2021
B29
(Class
AS)
2,360,000
(d)
BWAY
Mortgage
Trust
3.402
02/10/44
1,694
Series
-
2022
26BW
(Class
A)
5,000,000
(a),(d)
BX
Commercial
Mortgage
Trust
SOFR
1
M
+
1.035%
6.367
12/15/38
4,900
Series
-
2021
CIP
(Class
A)
7,500,000
(a),(d)
BX
Commercial
Mortgage
Trust
SOFR
1
M
+
1.385%
6.717
12/15/38
7,323
Series
-
2021
CIP
(Class
B)
1,115,772
(a),(d)
BX
TRUST
SOFR
1
M
+
2.949%
8.281
08/15/39
1,117
Series
-
2022
PSB
(Class
B)
1,325,000
(d)
BXP
Trust
3.459
08/13/37
1,162
Series
-
2017
CC
(Class
A)
5,000,000
(d)
BXP
Trust
2.618
01/15/44
3,699
Series
-
2021
601L
(Class
A)
5,500,000
(a),(d)
BXP
Trust
2.868
01/15/44
3,220
Series
-
2021
601L
(Class
D)
10,000,000
(a),(d)
BXP
Trust
2.868
01/15/44
6,463
Series
-
2021
601L
(Class
C)
3,113,257
CD
Mortgage
Trust
2.622
08/10/49
2,966
Series
-
2016
CD1
(Class
ASB)
9,000,000
CD
Mortgage
Trust
2.926
08/10/49
7,887
Series
-
2016
CD1
(Class
AM)
5,750,000
(a)
CD
Mortgage
Trust
3.879
11/10/49
4,622
Series
-
2016
CD2
(Class
B)
1,000,000
(a)
CD
Mortgage
Trust
4.111
11/10/49
749
Series
-
2016
CD2
(Class
C)
653,324
CD
Mortgage
Trust
3.453
02/10/50
621
Series
-
2017
CD3
(Class
AAB)
500,000
(a)
CD
Mortgage
Trust
4.696
02/10/50
273
Series
-
2017
CD3
(Class
C)
3,841,571
CD
Mortgage
Trust
3.220
08/15/50
3,630
Series
-
2017
CD5
(Class
AAB)
3,457,000
CD
Mortgage
Trust
2.812
08/15/57
3,084
Series
-
2019
CD8
(Class
ASB)
879,539
CFCRE
Commercial
Mortgage
Trust
3.121
05/10/58
832
Series
-
2016
C4
(Class
AHR)
304,848
(a)
CHL
Mortgage
Pass-Through
Trust
3.856
02/20/35
303
Series
-
2004
HYB9
(Class
1A1)
2,500,000
(a),(d)
Citigroup
Commercial
Mortgage
Trust
3.635
05/10/35
2,281
Series
-
2013
375P
(Class
B)
4,500,000
(d)
Citigroup
Commercial
Mortgage
Trust
3.341
05/10/36
4,473
Series
-
2019
PRM
(Class
A)
2,400,000
Citigroup
Commercial
Mortgage
Trust
4.023
03/11/47
2,388
Series
-
2014
GC19
(Class
A4)
1,700,000
(a)
Citigroup
Commercial
Mortgage
Trust
3.758
04/10/48
1,582
Series
-
2015
GC29
(Class
B)
CREF
Core
Bond
Account
September
30,
2023
270
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
3,000,000
(a)
Citigroup
Commercial
Mortgage
Trust
4.276
%
04/10/48
$
2,732
Series
-
2015
GC29
(Class
C)
4,306,852
Citigroup
Commercial
Mortgage
Trust
3.243
08/15/50
4,041
Series
-
2017
B1
(Class
AAB)
6,765,000
Citigroup
Commercial
Mortgage
Trust
3.764
10/12/50
5,897
Series
-
2017
C4
(Class
AS)
2,000,000
Citigroup
Commercial
Mortgage
Trust
3.778
09/10/58
1,877
Series
-
2015
GC33
(Class
A4)
5,000,000
(d)
COMM
Mortgage
Trust
3.244
10/10/29
4,526
Series
-
2017
PANW
(Class
A)
3,000,000
(d)
COMM
Mortgage
Trust
3.376
01/10/39
2,379
Series
-
2022
HC
(Class
C)
123,617
COMM
Mortgage
Trust
2.853
10/15/45
113
Series
-
2012
CR4
(Class
A3)
3,996,967
(a),(d)
COMM
Mortgage
Trust
3.741
06/10/46
3,715
Series
-
2013
CR8
(Class
B)
3,000,000
COMM
Mortgage
Trust
4.199
03/10/47
2,966
Series
-
2014
UBS2
(Class
AM)
750,000
COMM
Mortgage
Trust
4.174
05/10/47
720
Series
-
2014
CR17
(Class
AM)
2,500,000
(a),(d)
COMM
Mortgage
Trust
4.767
06/10/47
1,663
Series
-
2014
UBS3
(Class
D)
5,240,000
COMM
Mortgage
Trust
3.917
10/10/47
5,102
Series
-
2014
LC17
(Class
A5)
5,205,000
(a)
COMM
Mortgage
Trust
4.188
10/10/47
4,999
Series
-
2014
LC17
(Class
AM)
2,288,546
(a)
COMM
Mortgage
Trust
4.490
10/10/47
2,166
Series
-
2014
LC17
(Class
B)
2,825,979
(a)
COMM
Mortgage
Trust
3.829
02/10/48
2,579
Series
-
2015
LC19
(Class
B)
1,000,000
(d)
COMM
Mortgage
Trust
3.000
03/10/48
728
Series
-
2015
CR22
(Class
E)
1,445,000
COMM
Mortgage
Trust
3.309
03/10/48
1,380
Series
-
2015
CR22
(Class
A5)
3,382,775
(a)
COMM
Mortgage
Trust
3.603
03/10/48
3,197
Series
-
2015
CR22
(Class
AM)
2,696,000
(a)
COMM
Mortgage
Trust
4.203
03/10/48
2,381
Series
-
2015
CR22
(Class
C)
7,405,000
COMM
Mortgage
Trust
3.801
05/10/48
6,994
Series
-
2015
CR23
(Class
AM)
4,500,000
(a)
COMM
Mortgage
Trust
4.183
05/10/48
4,195
Series
-
2015
CR23
(Class
B)
2,549,000
(a)
COMM
Mortgage
Trust
4.443
05/10/48
2,232
Series
-
2015
CR23
(Class
C)
1,527,673
COMM
Mortgage
Trust
3.421
07/10/48
1,492
Series
-
2015
LC21
(Class
ASB)
4,000,000
(a)
COMM
Mortgage
Trust
3.463
08/10/48
3,187
Series
-
2015
CR24
(Class
D)
2,550,000
COMM
Mortgage
Trust
3.696
08/10/48
2,437
Series
-
2015
CR24
(Class
A5)
5,000,000
(a)
COMM
Mortgage
Trust
4.028
08/10/48
4,708
Series
-
2015
CR24
(Class
AM)
2,000,000
(a)
COMM
Mortgage
Trust
4.491
08/10/48
1,837
Series
-
2015
CR24
(Class
B)
1,467,000
(a)
COMM
Mortgage
Trust
4.491
08/10/48
1,282
Series
-
2015
CR24
(Class
C)
1,352,000
COMM
Mortgage
Trust
3.612
10/10/48
1,283
Series
-
2015
CR27
(Class
A4)
3,212,210
COMM
Mortgage
Trust
3.630
10/10/48
3,049
Series
-
2015
CR26
(Class
A4)
2,075,000
COMM
Mortgage
Trust
3.774
10/10/48
1,969
Series
-
2015
LC23
(Class
A4)
271
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
1,875,000
(a)
COMM
Mortgage
Trust
4.614
%
10/10/48
$
1,709
Series
-
2015
CR26
(Class
B)
4,855,000
(a)
COMM
Mortgage
Trust
4.697
10/10/48
4,344
Series
-
2015
LC23
(Class
C)
985,083
COMM
Mortgage
Trust
3.651
02/10/49
940
Series
-
2016
CR28
(Class
AHR)
4,650,000
(a)
COMM
Mortgage
Trust
4.759
02/10/49
4,224
Series
-
2016
CR28
(Class
B)
1,550,000
COMM
Mortgage
Trust
3.263
08/15/57
1,275
Series
-
2019
GC44
(Class
AM)
2,000,000
(a)
COMM
Mortgage
Trust
3.640
08/15/57
1,393
Series
-
2019
GC44
(Class
C)
4,600,000
(a)
COMM
MORTGAGE
TRUST
4.493
05/10/51
3,951
Series
-
2018
COR3
(Class
AM)
6,956,056
(a),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
1.900%
7.215
12/25/41
6,838
Series
-
2022
R01
(Class
1M2)
4,960,000
(a),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
4.500%
9.815
01/25/42
5,086
Series
-
2022
R02
(Class
2B1)
2,006,400
(a),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
6.250%
6.349
03/25/42
2,210
Series
-
2022
R03
(Class
1B1)
19,340,000
(a),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.100%
8.415
03/25/42
19,659
Series
-
2022
R04
(Class
1M2)
18,955,000
(a),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.500%
8.815
03/25/42
19,517
Series
-
2022
R03
(Class
1M2)
5,970,000
(a),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.000%
8.315
04/25/42
6,064
Series
-
2022
R05
(Class
2M2)
30,200,000
(a),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.850%
9.165
05/25/42
31,381
Series
-
2022
R06
(Class
1M2)
23,635,000
(a),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
4.650%
9.965
06/25/42
25,211
Series
-
2022
R07
(Class
1M2)
9,505,000
(a),(d)
Connecticut
Avenue
Securities
Trust
SOFR
+
3.600%
8.915
07/25/42
9,800
Series
-
2022
R08
(Class
1M2)
12,890,000
(a),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
4.750%
10.065
09/25/42
13,923
Series
-
2022
R09
(Class
2M2)
870,000
(a),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
6.750%
12.065
09/25/42
955
Series
-
2022
R09
(Class
2B1)
16,045,000
(a),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.750%
9.065
12/25/42
16,868
Series
-
2023
R01
(Class
1M2)
3,960,000
(a),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.900%
9.188
07/25/43
4,009
Series
-
2023
R06
(Class
1B1)
7,400,000
(a),(d)
Credit
Suisse
Commercial
Mortgage
Trust
3.854
11/10/32
5,361
Series
-
2017
CALI
(Class
B)
1,905,260
(a),(d)
Credit
Suisse
Mortgage
Capital
Certificates
SOFR
1
M
+
1.647%
6.980
05/15/36
1,893
Series
-
2019
ICE4
(Class
D)
7,853,098
(a),(d)
Credit
Suisse
Mortgage
Capital
Certificates
2.405
10/25/66
6,249
Series
-
2021
NQM8
(Class
A3)
4,270,400
(a),(d)
CSMC
Series
3.388
10/25/59
3,671
Series
-
2019
NQM1
(Class
M1)
9,250,000
DBGS
Mortgage
Trust
4.466
10/15/51
8,453
Series
-
2018
C1
(Class
A4)
6,002,457
DBJPM
Mortgage
Trust
2.756
08/10/49
5,678
Series
-
2016
C3
(Class
ASB)
7,394,756
DBJPM
Mortgage
Trust
3.121
06/10/50
7,001
Series
-
2017
C6
(Class
ASB)
5,300,000
DBJPM
Mortgage
Trust
2.340
08/15/53
3,948
Series
-
2020
C9
(Class
AM)
17,410,000
(d)
DBUBS
Mortgage
Trust
3.452
10/10/34
15,786
Series
-
2017
BRBK
(Class
A)
15,500,000
(a),(d)
DBUBS
Mortgage
Trust
3.648
10/10/34
13,549
Series
-
2017
BRBK
(Class
B)
5,000,000
(a),(d)
ELP
Commercial
Mortgage
Trust
SOFR
1
M
+
1.235%
6.568
11/15/38
4,891
Series
-
2021
ELP
(Class
B)
CREF
Core
Bond
Account
September
30,
2023
272
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
7,000,000
(a),(d)
ELP
Commercial
Mortgage
Trust
SOFR
1
M
+
1.434%
6.767
%
11/15/38
$
6,835
Series
-
2021
ELP
(Class
C)
4,670,000
(a),(d)
ELP
Commercial
Mortgage
Trust
SOFR
1
M
+
2.233%
7.566
11/15/38
4,592
Series
-
2021
ELP
(Class
E)
4,999,900
(a),(d)
EQUS
Mortgage
Trust
SOFR
1
M
+
0.869%
6.202
10/15/38
4,887
Series
-
2021
EQAZ
(Class
A)
2,324,320
(a),(d)
Flagstar
Mortgage
Trust
4.002
10/25/47
1,997
Series
-
2017
2
(Class
B3)
113,681
(a),(d)
Flagstar
Mortgage
Trust
4.000
09/25/48
104
Series
-
2018
5
(Class
A11)
3,169,264
(a),(d)
Flagstar
Mortgage
Trust
2.500
04/25/51
2,332
Series
-
2021
2
(Class
A4)
9,060,153
(a),(d)
Flagstar
Mortgage
Trust
2.500
06/01/51
6,668
Series
-
2021
4
(Class
A21)
974,475
Ford
Credit
Auto
Owner
Trust
5.140
03/15/26
971
Series
-
2023
A
(Class
A2A)
974,475
(a)
Ford
Credit
Auto
Owner
Trust
30
D
AVG
SOFR
+
0.720%
6.033
03/15/26
976
Series
-
2023
A
(Class
A2B)
810,000
(a),(d)
Freddie
Mac
STACR
REMIC
Trust
30
D
AVG
SOFR
+
4.350%
9.665
04/25/42
848
Series
-
2022
DNA3
(Class
M2)
GBP
893,413
(a),(d)
Frost
CMBS
DAC
SONIA
Interest
Rate
Benchmark
+
2.900%
8.118
11/20/33
956
Series
-
2021
1A
(Class
GBD)
5,000,000
(a),(d)
GS
Mortgage
Securities
Corp
II
SOFR
1
M
+
1.364%
6.697
11/15/36
4,870
Series
-
2021
ARDN
(Class
A)
3,600,000
(a),(d)
GS
Mortgage
Securities
Corp
II
SOFR
1
M
+
3.464%
8.797
11/15/36
3,347
Series
-
2021
ARDN
(Class
E)
1,130,000
(a),(d)
GS
Mortgage
Securities
Corp
II
3.591
09/10/37
980
Series
-
2017
375H
(Class
A)
2,500,000
(a),(d)
GS
Mortgage
Securities
Corp
II
3.599
09/10/37
2,068
Series
-
2017
375H
(Class
B)
1,350,000
(a)
GS
Mortgage
Securities
Corp
II
3.777
05/10/50
1,269
Series
-
2015
GC30
(Class
AS)
5,235,000
(a),(d)
GS
Mortgage
Securities
Corp
Trust
SOFR
1
M
+
1.897%
7.230
07/15/31
2,591
Series
-
2018
TWR
(Class
D)
3,000,000
(a),(d)
GS
Mortgage
Securities
Corp
Trust
SOFR
1
M
+
2.864%
8.197
11/15/36
2,802
Series
-
2021
ARDN
(Class
D)
2,000,000
(a),(d)
GS
Mortgage
Securities
Trust
SOFR
1
M
+
1.747%
7.080
07/15/31
1,290
Series
-
2018
TWR
(Class
C)
377,267
GS
Mortgage
Securities
Trust
3.206
02/10/48
370
Series
-
2015
GC28
(Class
AAB)
2,816,500
GS
Mortgage
Securities
Trust
3.396
02/10/48
2,718
Series
-
2015
GC28
(Class
A5)
7,400,000
(a)
GS
Mortgage
Securities
Trust
4.018
07/10/48
6,969
Series
-
2015
GC32
(Class
AS)
1,357,372
GS
Mortgage
Securities
Trust
3.278
10/10/48
1,317
Series
-
2015
GC34
(Class
AAB)
2,000,000
GS
Mortgage
Securities
Trust
3.143
10/10/49
1,788
Series
-
2016
GS3
(Class
AS)
1,500,000
(a)
GS
Mortgage
Securities
Trust
4.078
11/10/49
1,207
Series
-
2016
GS4
(Class
C)
2,000,000
GS
Mortgage
Securities
Trust
3.674
03/10/50
1,815
Series
-
2017
GS5
(Class
A4)
4,150,000
(a)
GS
Mortgage
Securities
Trust
3.826
03/10/50
3,663
Series
-
2017
GS5
(Class
AS)
8,505,947
GS
Mortgage
Securities
Trust
3.230
05/10/50
8,074
Series
-
2017
GS6
(Class
AAB)
6,000,000
GS
Mortgage
Securities
Trust
3.433
05/10/50
5,453
Series
-
2017
GS6
(Class
A3)
2,540,000
(a)
GS
Mortgage
Securities
Trust
4.160
05/10/50
2,302
Series
-
2015
GC30
(Class
B)
5,000,000
(a)
GS
Mortgage
Securities
Trust
4.204
05/10/50
4,433
Series
-
2015
GC30
(Class
C)
273
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
3,000,000
GS
Mortgage
Securities
Trust
3.837
%
11/10/50
$
2,747
Series
-
2017
GS8
(Class
ABP)
4,844,000
(a)
GS
Mortgage
Securities
Trust
4.468
11/10/50
3,940
Series
-
2017
GS8
(Class
C)
3,050,000
(a)
GS
Mortgage
Securities
Trust
4.158
02/10/52
2,677
Series
-
2019
GC38
(Class
AS)
2,500,000
(a)
GS
Mortgage
Securities
Trust
3.173
02/13/53
2,012
Series
-
2020
GC45
(Class
AS)
148,080
(a),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
4.000
11/25/49
135
Series
-
2019
PJ2
(Class
A1)
386,813
(a),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
4.000
11/25/49
352
Series
-
2019
PJ2
(Class
A4)
899,463
(a),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
01/25/51
730
Series
-
2020
PJ4
(Class
A4)
37,285,752
(a),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
0.268
03/27/51
367
Series
-
2020
PJ5
(Class
AX1)
1,274,456
(a),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
03/27/51
1,025
Series
-
2020
PJ5
(Class
A4)
1,929,787
(a),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
2.500
05/25/51
1,420
Series
-
2020
PJ6
(Class
A4)
91,333,621
(a),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
0.150
08/25/51
610
Series
-
2021
PJ3
(Class
AX1)
12,290,425
(a),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
2.500
10/25/51
9,045
Series
-
2021
PJ5
(Class
A4)
11,930,725
(a),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
06/25/52
9,175
Series
-
2022
PJ2
(Class
A36)
4,284,161
(a),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
09/25/52
3,295
Series
-
2022
PJ4
(Class
A36)
1,017,199
(a),(d)
GS
Mortgage-Backed
Securities
Trust
3.631
05/25/50
810
Series
-
2020
PJ1
(Class
B2)
2,392,586
(a),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
07/25/51
1,761
Series
-
2021
PJ2
(Class
A4)
17,683,095
(a),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
11/25/51
13,123
Series
-
2021
PJ6
(Class
A4)
21,523,516
(a),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
01/25/52
15,840
Series
-
2021
PJ7
(Class
A4)
10,044,464
(a),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
01/25/52
7,392
Series
-
2021
PJ8
(Class
A4)
3,398,772
(a),(d)
GS
Mortgage-Backed
Securities
Trust
2.722
01/25/52
2,412
Series
-
2021
PJ7
(Class
B2)
10,543,589
(a),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
03/25/52
7,759
Series
-
2021
PJ10
(Class
A4)
4,705,823
(a),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
05/01/52
3,952
Series
-
2022
PJ1
(Class
A8)
3,029,501
(a),(d)
GS
Mortgage-Backed
Securities
Trust
2.834
05/28/52
2,233
Series
-
2022
PJ1
(Class
B2)
7,211,321
(a),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
07/25/52
5,564
Series
-
2022
INV1
(Class
A4)
10,984,315
(a),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
08/26/52
8,475
Series
-
2022
GR2
(Class
A4)
9,426,899
(a),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
09/25/52
7,273
Series
-
2022
HP1
(Class
A4)
6,990,293
(a),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
10/25/52
5,376
Series
-
2022
PJ5
(Class
A36)
5,701,890
(a),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
01/25/53
4,399
Series
-
2022
PJ6
(Class
A24)
8,317,224
(a),(d)
GS
Mortgage-Backed
Securities
Trust
3.500
02/25/53
6,692
Series
-
2023
PJ1
(Class
A24)
1,611,677
(a)
HarborView
Mortgage
Loan
Trust
SOFR
1
M
+
0.734%
6.062
08/19/45
1,451
Series
-
2005
11
(Class
2A1A)
6,000,000
(d)
Hudson
Yards
Mortgage
Trust
2.835
08/10/38
5,422
Series
-
2016
10HY
(Class
A)
CREF
Core
Bond
Account
September
30,
2023
274
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
2,500,000
(a),(d)
Hudson
Yards
Mortgage
Trust
3.076
%
08/10/38
$
2,242
Series
-
2016
10HY
(Class
B)
7,250,000
(a),(d)
Hudson
Yards
Mortgage
Trust
3.076
08/10/38
6,402
Series
-
2016
10HY
(Class
C)
5,500,000
(a),(d)
Hudson
Yards
Mortgage
Trust
3.041
12/10/41
4,046
Series
-
2019
55HY
(Class
D)
2,750,000
(a),(d)
Hudson
Yards
Mortgage
Trust
3.041
12/10/41
1,971
Series
-
2019
55HY
(Class
E)
251,335
(a)
Impac
CMB
Trust
SOFR
1
M
+
0.774%
6.094
03/25/35
231
Series
-
2004
11
(Class
2A1)
2,598,659
(a),(d)
Imperial
Fund
Mortgage
Trust
2.051
10/25/55
2,302
Series
-
2020
NQM1
(Class
A3)
1,043,500
(a),(d)
Imperial
Fund
Mortgage
Trust
3.531
10/25/55
848
Series
-
2020
NQM1
(Class
M1)
2,346,092
(a),(d)
J.P.
Morgan
Mortgage
Trust
4.000
12/25/52
1,958
Series
-
2022
7
(Class
2A6A)
1,000,000
(a),(d)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Corp
4.767
07/05/31
576
Series
-
2018
AON
(Class
D)
1,780,000
JP
Morgan
Chase
Commercial
Mortgage
Securities
Corp
3.914
01/15/49
1,676
Series
-
2015
JP1
(Class
A5)
3,515,072
JP
Morgan
Chase
Commercial
Mortgage
Securities
Corp
2.713
08/15/49
3,346
Series
-
2016
JP2
(Class
ASB)
4,416,868
JP
Morgan
Chase
Commercial
Mortgage
Securities
Corp
3.379
09/15/50
4,217
Series
-
2017
JP7
(Class
A3)
3,155,000
(d)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
3.065
01/16/37
2,784
Series
-
2020
NNN
(Class
BFX)
2,915,659
(a),(d)
JP
Morgan
Mortgage
Trust
LIBOR
1
M
-
0.000%
6.565
12/25/44
2,780
Series
-
2015
1
(Class
B1)
204,699
(a),(d)
JP
Morgan
Mortgage
Trust
3.500
05/25/45
179
Series
-
2015
3
(Class
A19)
2,079,285
(a),(d)
JP
Morgan
Mortgage
Trust
3.500
10/25/45
1,819
Series
-
2015
6
(Class
A13)
1,099,859
(a),(d)
JP
Morgan
Mortgage
Trust
3.500
05/25/47
936
Series
-
2017
2
(Class
A13)
2,223,595
(a),(d)
JP
Morgan
Mortgage
Trust
3.500
09/25/48
1,868
Series
-
2018
3
(Class
A13)
1,063,032
(a),(d)
JP
Morgan
Mortgage
Trust
3.500
10/25/48
894
Series
-
2018
4
(Class
A13)
3,123,657
(a),(d)
JP
Morgan
Mortgage
Trust
3.500
10/25/48
2,589
Series
-
2018
5
(Class
A13)
1,954,389
(a),(d)
JP
Morgan
Mortgage
Trust
3.542
10/26/48
1,886
Series
-
2017
5
(Class
A2)
221,818
(a),(d)
JP
Morgan
Mortgage
Trust
4.000
01/25/49
198
Series
-
2018
8
(Class
A13)
678,398
(a),(d)
JP
Morgan
Mortgage
Trust
4.000
02/25/49
605
Series
-
2018
9
(Class
A13)
297,934
(a),(d)
JP
Morgan
Mortgage
Trust
4.000
05/25/49
269
Series
-
2019
1
(Class
A3)
541,633
(a),(d)
JP
Morgan
Mortgage
Trust
4.000
05/25/49
486
Series
-
2019
1
(Class
A15)
1,121,095
(a),(d)
JP
Morgan
Mortgage
Trust
SOFR
1
M
+
1.064%
6.379
10/25/49
1,084
Series
-
2019
INV1
(Class
A11)
6,592,688
(a),(d)
JP
Morgan
Mortgage
Trust
3.828
06/25/50
5,408
Series
-
2020
1
(Class
B2)
28,836,789
(a),(d)
JP
Morgan
Mortgage
Trust
0.141
07/25/51
189
Series
-
2021
3
(Class
AX1)
20,567,046
(a),(d)
JP
Morgan
Mortgage
Trust
0.132
08/25/51
126
Series
-
2021
4
(Class
AX1)
275
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
2,395,208
(a),(d)
JP
Morgan
Mortgage
Trust
2.882
%
08/25/51
$
1,741
Series
-
2021
4
(Class
B2)
39,019,995
(a),(d)
JP
Morgan
Mortgage
Trust
0.137
10/25/51
247
Series
-
2021
6
(Class
AX1)
7,293,079
(a),(d)
JP
Morgan
Mortgage
Trust
2.500
10/25/51
5,367
Series
-
2021
6
(Class
A15)
5,230,388
(a),(d)
JP
Morgan
Mortgage
Trust
2.500
11/25/51
3,849
Series
-
2021
7
(Class
A15)
10,383,744
(a),(d)
JP
Morgan
Mortgage
Trust
0.400
12/25/51
219
Series
-
2021
INV2
(Class
AX4)
6,373,740
(a),(d)
JP
Morgan
Mortgage
Trust
2.500
12/25/51
4,691
Series
-
2021
8
(Class
A15)
2,453,421
(a),(d)
JP
Morgan
Mortgage
Trust
2.500
12/25/51
1,806
Series
-
2021
10
(Class
A15)
8,579,630
(a),(d)
JP
Morgan
Mortgage
Trust
2.500
01/25/52
6,314
Series
-
2021
11
(Class
A15)
2,497,992
(a),(d)
JP
Morgan
Mortgage
Trust
2.500
02/25/52
1,838
Series
-
2021
12
(Class
A15)
10,266,983
(a),(d)
JP
Morgan
Mortgage
Trust
0.500
04/25/52
395
Series
-
2021
INV6
(Class
A5X)
8,854,340
(a),(d)
JP
Morgan
Mortgage
Trust
3.346
04/25/52
6,814
Series
-
2021
INV6
(Class
B1)
5,665,823
(a),(d)
JP
Morgan
Mortgage
Trust
3.346
04/25/52
4,257
Series
-
2021
INV6
(Class
B2)
3,858,361
(a),(d)
JP
Morgan
Mortgage
Trust
2.500
05/25/52
2,839
Series
-
2021
14
(Class
A15)
2,591,238
(a),(d)
JP
Morgan
Mortgage
Trust
2.927
05/25/52
1,951
Series
-
2021
LTV2
(Class
A3)
11,057,595
(a),(d)
JP
Morgan
Mortgage
Trust
2.500
06/25/52
8,138
Series
-
2021
15
(Class
A15)
13,988,144
(a),(d)
JP
Morgan
Mortgage
Trust
2.500
07/25/52
10,294
Series
-
2022
1
(Class
A15)
23,894,216
(a),(d)
JP
Morgan
Mortgage
Trust
3.250
07/25/52
19,541
Series
-
2022
LTV1
(Class
A1)
18,808,131
(a),(d)
JP
Morgan
Mortgage
Trust
3.000
08/25/52
14,464
Series
-
2022
3
(Class
A25)
16,901,914
(a),(d)
JP
Morgan
Mortgage
Trust
3.000
08/25/52
12,998
Series
-
2022
2
(Class
A25)
7,413,858
(a),(d)
JP
Morgan
Mortgage
Trust
3.000
09/25/52
5,720
Series
-
2022
INV3
(Class
A6)
12,124,090
(a),(d)
JP
Morgan
Mortgage
Trust
3.500
09/25/52
9,755
Series
-
2022
LTV2
(Class
A6)
10,134,083
(a),(d)
JP
Morgan
Mortgage
Trust
3.000
10/25/52
7,819
Series
-
2022
4
(Class
A17A)
6,104,737
(a),(d)
JP
Morgan
Mortgage
Trust
3.000
11/25/52
4,710
Series
-
2022
6
(Class
A17A)
6,796,310
(a),(d)
JP
Morgan
Mortgage
Trust
3.000
12/25/52
5,244
Series
-
2022
7
(Class
1A17)
4,183,164
(a),(d)
JP
Morgan
Mortgage
Trust
5.000
06/25/53
3,816
Series
-
2023
1
(Class
A15A)
4,187,869
(a),(d)
JP
Morgan
Mortgage
Trust
5.500
06/25/53
3,917
Series
-
2023
1
(Class
A15B)
5,172,000
JPMBB
Commercial
Mortgage
Securities
Trust
3.997
08/15/47
4,987
Series
-
2014
C21
(Class
AS)
2,686,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
4.629
09/15/47
2,549
Series
-
2014
C23
(Class
B)
3,000,000
JPMBB
Commercial
Mortgage
Securities
Trust
3.898
02/15/48
2,737
Series
-
2015
C27
(Class
B)
2,556,000
JPMBB
Commercial
Mortgage
Securities
Trust
3.611
05/15/48
2,425
Series
-
2015
C29
(Class
A4)
2,500,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
3.917
05/15/48
2,355
Series
-
2015
C29
(Class
AS)
CREF
Core
Bond
Account
September
30,
2023
276
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
2,350,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
4.118
%
05/15/48
$
2,157
Series
-
2015
C29
(Class
B)
3,500,000
JPMBB
Commercial
Mortgage
Securities
Trust
4.106
08/15/48
3,273
Series
-
2015
C31
(Class
AS)
9,952,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
4.776
08/15/48
8,316
Series
-
2015
C31
(Class
B)
3,000,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
4.776
08/15/48
2,379
Series
-
2015
C31
(Class
C)
1,820,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
4.859
03/17/49
1,607
Series
-
2016
C1
(Class
C)
2,410,915
JPMCC
Commercial
Mortgage
Securities
Trust
3.457
03/15/50
2,290
Series
-
2017
JP5
(Class
A4)
854,620
JPMCC
Commercial
Mortgage
Securities
Trust
3.549
03/15/50
809
Series
-
2017
JP5
(Class
ASB)
1,000,000
(a)
JPMCC
Commercial
Mortgage
Securities
Trust
3.904
03/15/50
747
Series
-
2017
JP5
(Class
C)
1,000,000
(a)
JPMDB
Commercial
Mortgage
Securities
Trust
3.187
12/15/49
692
Series
-
2016
C4
(Class
C)
3,000,000
JPMDB
Commercial
Mortgage
Securities
Trust
3.694
03/15/50
2,763
Series
-
2017
C5
(Class
A5)
9,000,000
JPMDB
Commercial
Mortgage
Securities
Trust
2.536
05/13/53
6,452
Series
-
2020
COR7
(Class
AS)
2,373,084
(d)
Ladder
Capital
Commercial
Mortgage
Securities
3.575
02/15/36
2,158
Series
-
2013
GCP
(Class
A1)
3,794,615
(d)
Ladder
Capital
Commercial
Mortgage
Securities
3.357
07/12/50
3,603
Series
-
2017
LC26
(Class
ASB)
EUR
589,114
(a),(d)
Last
Mile
Logistics
Pan
Euro
Finance
DAC
EURIBOR
3
M
+
2.700%
1.000
08/17/33
575
Series
-
2021
1A
(Class
E)
EUR
599,877
(a),(d)
Last
Mile
Securities
PE
2021
DAC
EURIBOR
3
M
+
2.350%
6.137
08/17/31
602
Series
-
2021
1A
(Class
D)
7,250,000
(d)
Liberty
Street
Trust
3.597
02/10/36
6,462
Series
-
2016
225L
(Class
A)
4,000,000
(a),(d)
MAD
Mortgage
Trust
3.294
08/15/34
3,598
Series
-
2017
330M
(Class
A)
1,500,000
(a),(d)
Manhattan
West
2.413
09/10/39
1,278
Series
-
2020
1MW
(Class
B)
505,931
(a)
Merrill
Lynch
Mortgage
Investors
Trust
SOFR
1
M
+
0.634%
2.278
01/25/37
467
Series
-
2006
WMC1
(Class
A1B)
2,707,718
(d)
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3.989
12/15/46
2,485
Series
-
2014
C19
(Class
LNC1)
892,164
(d)
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
4.384
12/15/46
802
Series
-
2014
C19
(Class
LNC2)
4,650,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3.832
12/15/47
4,442
Series
-
2014
C19
(Class
AS)
4,100,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3.605
02/15/48
3,879
Series
-
2015
C20
(Class
AS)
1,250,000
(a)
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
4.603
02/15/48
1,122
Series
-
2015
C20
(Class
C)
2,500,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3.338
03/15/48
2,386
Series
-
2015
C21
(Class
A4)
6,500,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3.652
03/15/48
6,116
Series
-
2015
C21
(Class
AS)
3,000,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3.561
04/15/48
2,805
Series
-
2015
C22
(Class
AS)
3,380,820
(a),(d)
Morgan
Stanley
Capital
I
Inc
SOFR
1
M
+
1.491%
6.824
11/15/23
3,285
Series
-
2021
ILP
(Class
C)
387,583
(a)
Morgan
Stanley
Capital
I
Trust
6.282
12/12/49
164
Series
-
2007
IQ16
(Class
AJ)
264,381
(a)
Morgan
Stanley
Capital
I
Trust
6.282
12/12/49
112
Series
-
2007
IQ16
(Class
AJFX)
4,200,136
Morgan
Stanley
Capital
I
Trust
3.304
06/15/50
4,026
Series
-
2017
H1
(Class
ASB)
277
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
1,458,000
Morgan
Stanley
Capital
I
Trust
3.587
%
12/15/50
$
1,319
Series
-
2017
HR2
(Class
A4)
2,840,000
(a)
Morgan
Stanley
Capital
I
Trust
4.429
07/15/51
2,566
Series
-
2018
H3
(Class
AS)
633,120
(a),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
07/25/51
536
Series
-
2021
4
(Class
A4)
8,056,991
(a),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
08/25/51
5,929
Series
-
2021
5
(Class
A9)
5,412,629
(a),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
09/25/51
3,983
Series
-
2021
6
(Class
A9)
1,972,622
(a),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
09/25/51
1,670
Series
-
2021
6
(Class
A4)
3,000,000
(a),(d)
MSDB
Trust
3.427
07/11/39
2,548
Series
-
2017
712F
(Class
A)
1,200,000
(a),(d)
Natixis
Commercial
Mortgage
Securities
Trust
3.917
11/15/32
1,040
Series
-
2018
285M
(Class
A)
12,741,348
(a),(d)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
1.579%
5.915
07/15/36
11,657
Series
-
2019
MILE
(Class
A)
5,000,000
(a),(d)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
1.879%
7.212
07/15/36
4,299
Series
-
2019
MILE
(Class
B)
2,900,000
(a),(d)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
2.279%
7.612
07/15/36
2,353
Series
-
2019
MILE
(Class
C)
5,000,000
(a),(d)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
2.829%
8.162
07/15/36
3,832
Series
-
2019
MILE
(Class
D)
703,488
(d)
Natixis
Commercial
Mortgage
Securities
Trust
2.966
12/15/38
616
Series
-
2020
2PAC
(Class
A)
1,012,057
(a),(d)
New
Residential
Mortgage
Loan
Trust
2.797
09/25/59
936
Series
-
2019
NQM4
(Class
A3)
980,000
(a),(d)
New
Residential
Mortgage
Loan
Trust
2.986
09/25/59
810
Series
-
2019
NQM4
(Class
M1)
233,818
(a)
New
York
Mortgage
Trust
SOFR
1
M
+
0.594%
5.914
02/25/36
229
Series
-
2005
3
(Class
A1)
1,825,000
(a),(d)
NLT
Trust
2.569
08/25/56
1,134
Series
-
2021
INV2
(Class
M1)
10,993,153
(a),(d)
OBX
Trust
2.500
07/25/51
8,090
Series
-
2021
J2
(Class
A19)
9,618,724
(a),(d)
OBX
Trust
4.000
10/25/52
8,028
Series
-
2022
INV5
(Class
A13)
796,167
(a),(d)
OBX
Trust
SOFR
1
M
+
0.764%
4.658
06/25/57
758
Series
-
2018
1
(Class
A2)
3,385,434
(a),(d)
Oceanview
Mortgage
Trust
2.500
05/25/51
2,491
Series
-
2021
1
(Class
A19)
2,483,156
(a),(d)
Oceanview
Mortgage
Trust
4.500
11/25/52
2,214
Series
-
2022
1
(Class
A1)
5,434,000
(d)
Olympic
Tower
Mortgage
Trust
3.566
05/10/39
4,645
Series
-
2017
OT
(Class
A)
8,520,000
(d)
One
Bryant
Park
Trust
2.516
09/15/54
6,787
Series
-
2019
OBP
(Class
A)
2,000,000
(d)
RBS
Commercial
Funding,
Inc
Trust
3.511
03/11/31
1,768
Series
-
2013
SMV
(Class
B)
14,615,014
(a),(d)
RCKT
Mortgage
Trust
2.500
02/25/52
10,756
Series
-
2022
2
(Class
A22)
3,230,802
(a),(d)
RCKT
Mortgage
Trust
3.500
06/25/52
2,599
Series
-
2022
4
(Class
A22)
626,412
(a),(d)
Sequoia
Mortgage
Trust
3.500
05/25/45
551
Series
-
2015
2
(Class
A1)
562,035
(a),(d)
Sequoia
Mortgage
Trust
3.500
06/25/46
486
Series
-
2016
1
(Class
A19)
137,050
(a),(d)
Sequoia
Mortgage
Trust
3.500
02/25/47
117
Series
-
2017
2
(Class
A19)
2,037,728
(a),(d)
Sequoia
Mortgage
Trust
3.726
09/25/47
1,828
Series
-
2017
6
(Class
B1)
CREF
Core
Bond
Account
September
30,
2023
278
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
883,511
(a),(d)
Sequoia
Mortgage
Trust
3.500
%
03/25/48
$
759
Series
-
2018
3
(Class
A1)
77,387
(a),(d)
Sequoia
Mortgage
Trust
4.000
09/25/48
70
Series
-
2018
7
(Class
A19)
294,638
(a),(d)
Sequoia
Mortgage
Trust
4.000
06/25/49
265
Series
-
2019
2
(Class
A19)
1,318,641
(a),(d)
Sequoia
Mortgage
Trust
3.500
12/25/49
1,133
Series
-
2019
5
(Class
A19)
5,845,178
(a),(d)
Sequoia
Mortgage
Trust
3.000
04/25/50
4,691
Series
-
2020
3
(Class
A19)
5,901,813
(a),(d)
Sequoia
Mortgage
Trust
2.500
06/25/51
4,343
Series
-
2021
4
(Class
A19)
424,350
(a),(d)
Shellpoint
Co-Originator
Trust
3.500
04/25/47
361
Series
-
2017
1
(Class
A19)
7,750,000
(d)
SLG
Office
Trust
2.585
07/15/41
6,060
Series
-
2021
OVA
(Class
A)
26,865,000
(d)
SLG
Office
Trust
2.851
07/15/41
19,400
Series
-
2021
OVA
(Class
D)
9,741,110
(a),(d)
SMR
Mortgage
Trust
SOFR
1
M
+
1.650%
6.982
02/15/39
9,333
Series
-
2022
IND
(Class
A)
9,277,248
(a),(d)
SMR
Mortgage
Trust
SOFR
1
M
+
2.950%
8.282
02/15/39
8,756
Series
-
2022
IND
(Class
C)
5,000,000
(a),(d)
SREIT
Trust
SOFR
1
M
+
0.936%
6.268
11/15/36
4,919
Series
-
2021
MFP2
(Class
A)
6,930,000
(a),(d)
SREIT
Trust
SOFR
1
M
+
1.286%
6.618
11/15/36
6,800
Series
-
2021
MFP2
(Class
B)
GBP
347,448
(a),(d)
Taurus
UK
DAC
SONIA
Interest
Rate
Benchmark
+
1.300%
6.519
05/17/31
408
Series
-
2021
UK1A
(Class
B)
GBP
506,281
(a),(d)
Taurus
UK
DAC
SONIA
Interest
Rate
Benchmark
+
1.650%
6.869
05/17/31
590
Series
-
2021
UK1A
(Class
C)
GBP
422,276
(a),(d)
Taurus
UK
DAC
SONIA
Interest
Rate
Benchmark
+
1.500%
6.719
08/17/31
498
Series
-
2021
UK4A
(Class
B)
8,740,475
UBS
Commercial
Mortgage
Trust
3.256
06/15/50
8,336
Series
-
2017
C1
(Class
ASB)
1,587,389
UBS
Commercial
Mortgage
Trust
3.366
10/15/50
1,501
Series
-
2017
C4
(Class
ASB)
1,450,000
UBS
Commercial
Mortgage
Trust
3.563
10/15/50
1,309
Series
-
2017
C4
(Class
A4)
1,750,000
UBS
Commercial
Mortgage
Trust
4.334
10/15/51
1,607
Series
-
2018
C13
(Class
A4)
2,070,000
(a),(d)
Verus
Securitization
Trust
3.207
11/25/59
1,809
Series
-
2019
4
(Class
M1)
1,070,201
(d)
Verus
Securitization
Trust
1.733
05/25/65
986
Series
-
2020
5
(Class
A3)
1,802,149
(a),(d)
Verus
Securitization
Trust
2.240
10/25/66
1,445
Series
-
2021
7
(Class
A3)
1,090,241
(d)
VSE
VOI
Mortgage
LLC
2.330
03/20/35
1,072
Series
-
2017
A
(Class
A)
1,740,030
Wells
Fargo
Commercial
Mortgage
Trust
3.405
12/15/47
1,671
Series
-
2014
LC18
(Class
A5)
4,500,000
Wells
Fargo
Commercial
Mortgage
Trust
3.808
12/15/47
4,259
Series
-
2014
LC18
(Class
AS)
1,570,000
Wells
Fargo
Commercial
Mortgage
Trust
3.406
05/15/48
1,464
Series
-
2015
NXS1
(Class
AS)
2,000,000
(a)
Wells
Fargo
Commercial
Mortgage
Trust
3.658
05/15/48
1,802
Series
-
2015
NXS1
(Class
B)
2,279,000
(a)
Wells
Fargo
Commercial
Mortgage
Trust
4.278
05/15/48
1,899
Series
-
2015
NXS1
(Class
D)
5,037,182
Wells
Fargo
Commercial
Mortgage
Trust
2.788
07/15/48
4,835
Series
-
2016
C35
(Class
ASB)
279
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
7,851,702
Wells
Fargo
Commercial
Mortgage
Trust
2.514
%
08/15/49
$
7,487
Series
-
2016
BNK1
(Class
ASB)
7,973,231
Wells
Fargo
Commercial
Mortgage
Trust
2.825
10/15/49
7,628
Series
-
2016
LC24
(Class
ASB)
872,111
Wells
Fargo
Commercial
Mortgage
Trust
3.635
03/15/50
794
Series
-
2017
RB1
(Class
A5)
2,000,000
Wells
Fargo
Commercial
Mortgage
Trust
3.757
03/15/50
1,781
Series
-
2017
RB1
(Class
AS)
10,585,871
Wells
Fargo
Commercial
Mortgage
Trust
3.261
07/15/50
10,122
Series
-
2017
C38
(Class
ASB)
2,197,255
(a)
Wells
Fargo
Commercial
Mortgage
Trust
3.903
07/15/50
1,801
Series
-
2017
C38
(Class
C)
7,547,164
Wells
Fargo
Commercial
Mortgage
Trust
3.212
09/15/50
7,182
Series
-
2017
C39
(Class
ASB)
4,000,000
(a)
Wells
Fargo
Commercial
Mortgage
Trust
3.767
07/15/58
3,798
Series
-
2015
NXS2
(Class
A5)
1,000,000
(a)
Wells
Fargo
Commercial
Mortgage
Trust
4.416
07/15/58
929
Series
-
2015
NXS2
(Class
B)
6,000,000
Wells
Fargo
Commercial
Mortgage
Trust
3.749
03/15/59
5,538
Series
-
2016
C33
(Class
AS)
185,890
(a),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
4.000
04/25/49
171
Series
-
2019
2
(Class
A17)
2,388,598
(a),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.500
09/25/49
2,030
Series
-
2019
4
(Class
A1)
908,363
(a),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.000
07/25/50
728
Series
-
2020
4
(Class
A17)
11,193,963
(a),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
2.500
06/25/51
8,238
Series
-
2021
2
(Class
A17)
4,658,871
(a),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.000
08/25/51
3,594
Series
-
2021
INV1
(Class
A17)
5,366,874
(a),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.314
08/25/51
4,189
Series
-
2021
INV1
(Class
B1)
4,525,576
(a),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
2.500
12/25/51
3,330
Series
-
2022
2
(Class
A18)
3,986,006
(a),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.000
03/25/52
3,075
Series
-
2022
INV1
(Class
A18)
6,847,777
(a),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.500
03/25/52
5,509
Series
-
2022
INV1
(Class
A17)
1,050,000
(a)
WFRBS
Commercial
Mortgage
Trust
4.162
12/15/46
1,042
Series
-
2013
C18
(Class
A5)
2,185,281
WFRBS
Commercial
Mortgage
Trust
3.995
05/15/47
2,142
Series
-
2014
C20
(Class
A5)
3,865,000
WFRBS
Commercial
Mortgage
Trust
3.607
11/15/47
3,734
Series
-
2014
C24
(Class
A5)
247,062
(a),(d)
WinWater
Mortgage
Loan
Trust
3.919
06/20/44
194
Series
-
2014
1
(Class
B4)
6,382,868
(a),(d)
Woodward
Capital
Management
3.000
05/25/52
4,925
Series
-
2022
3
(Class
A21)
TOTAL
OTHER
MORTGAGE
BACKED
1,314,050
TOTAL
STRUCTURED
ASSETS
1,958,554
(Cost
$2,227,346)
SHARES
REFERENCERATE
&
SPREAD
CREF
Core
Bond
Account
September
30,
2023
280
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
PREFERRED
STOCKS
-
0.0%
FINANCIAL
SERVICES
-
0.0%
173,925
(e)
Morgan
Stanley
$
4,372
TOTAL
FINANCIAL
SERVICES
4,372
TOTAL
PREFERRED
STOCKS
4,372
(Cost
$4,348)
TOTAL
LONG-TERM
INVESTMENTS
9,981,757‌
(Cost
$11,392,456)
PRINCIPAL
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS
-
0.8%
COMMERCIAL
PAPER
-
0.1%
$
5,500,000
(d)
HSBC
USA,
Inc
0.000
%
02/02/24
5,391
TOTAL
COMMERCIAL
PAPER
5,391
GOVERNMENT
AGENCY
DEBT
-
0.6%
59,900,000
Federal
Home
Loan
Bank
(FHLB)
0.000
10/13/23
59,806
5,000,000
FHLB
0.000
11/02/23
4,978
KZT
245,300,000
Kazakhstan
Treasury
Bill
0.000
03/13/24
479
TOTAL
GOVERNMENT
AGENCY
DEBT
65,263
REPURCHASE
AGREEMENT
-
0.1%
9,018,000
(i)
Fixed
Income
Clearing
Corp
(FICC)
5.300
10/02/23
9,018
TOTAL
REPURCHASE
AGREEMENT
9,018
TREASURY
DEBT
-
0.0%
2,000,000
United
States
Treasury
Bill
0.000
11/02/23
1,991
TOTAL
TREASURY
DEBT
1,991
TOTAL
SHORT-TERM
INVESTMENTS
81,663
(Cost
$81,699)
SHARES
COMPANY
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.3%
30,921,974
(j)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5.360
30,922
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
30,922
(Cost
$30,922)
TOTAL
INVESTMENTS
-
98.7%
10,094,342
(Cost
$11,505,077)
OTHER
ASSETS
&
LIABILITIES,
NET
-
1.3%
129,651
NET
ASSETS
-
100.0%
$10,223,993
281
See
Notes
to
Portfolio
of
Investments
Cost
amounts
are
in
thousands.
Principal
denominated
in
U.S.
Dollars,
unless
otherwise
noted. 
AUD
Australian
Dollar
AVG
Average
BRL
Brazilian
Real
CAD
Canadian
Dollar
CNY
Chinese
Yuan
COP
Colombia
Peso
CZK
Czech
Republic
Koruna
D
Day
DOP
Dominican
Republic
Peso
EGP
Egyptian
Pound
EUR
Euro
EURIBOR
EURO
Interbank
Offer
Rate
GBP
Pound
Sterling
HUF
Hungary
Forint
IDR
Indonesian
Rupiah
INR
Indian
Rupee
JPY
Japanese
Yen
KRW
South
Korean
Won
KZT
Kazakhstani
Tenge
LIBOR
London
Interbank
Offered
Rate
M
Month
MXN
Mexican
Peso
MYR
Malaysian
Ringgit
NOK
Norwegian
Krone
NZD
New
Zealand
Dollar
PEN
Peruvian
Sol
REIT
Real
Estate
Investment
Trust
REMIC
Real
Estate
Mortgage
Investment
Conduit
RON
Romanian
Leu
RSD
Serbian
Dinar
SOFR
Secure
Overnight
Financing
Rate
SONIA
Sterling
Overnight
Interbank
Average
Rate
THB
Thai
Baht
UGX
Ugandan
Shilling
UYU
Uruguayan
Peso
UZS
Uzbekistani
Som
ZAR
South
African
Rand
^
Amount
represents
less
than
$1,000.
(a)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
unless
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
(b)
When-issued
or
delayed
delivery
security.
(c)
In
default
(d)
Security
is
exempt
from
registration
under
Rule
144(A)
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
(e)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$31,722,539.
(f)
Perpetual
security
(g)
Payment
in
Kind
Bond
(h)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(i)
Agreement
with
Fixed
Income
Clearing
Corp
(FICC),
5.300%
dated
9/29/23
to
be
repurchased
at
$9,018,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
4.625%
and
maturity
date
9/15/26,
valued
at
$9,198,381.
(j)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
Futures
Contracts
-
Long
Description
Number
of
Contracts
(000)
Expiration
Date
Notional
Amount
(000)
Value
(000)
Unrealized
Appreciation
(Depreciation)
(000)
U.S.
Treasury
2-Year
Note
630‌
12/29/23
 $
127,976‌
$
127,708‌
$
(268‌)
U.S.
Treasury
5-Year
Note
2,233‌
12/29/23
236,994‌
235,267‌
(1,727‌)
Total
2,863‌
 $
364,970‌
 $
362,975‌
 $
(1,995‌)
CREF
Core
Bond
Account
September
30,
2023
282
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Forward
Foreign
Currency
Contracts
Currency
Purchased
Receive
(000)
Currency
Sold
Deliver
(000)
Counterparty
Settlement
Date
Unrealized
Appreciation
(Depreciation)
(000)
$
1,802
JPY
248,164
Australia
and
New
Zealand
Banking
Group
Limited
10/13/23
 $
138‌
$
599
JPY
82,514
Australia
and
New
Zealand
Banking
Group
Limited
10/13/23
46‌
$
2,196
NZD
3,523
Australia
and
New
Zealand
Banking
Group
Limited
10/13/23
85‌
$
700
THB
24,950
Australia
and
New
Zealand
Banking
Group
Limited
10/16/23
14‌
Total
 $
283‌
$
25,880
CNY
188,637
Bank
of
America
11/15/23
 $
(292‌)
$
591
EUR
542
Bank
of
America
10/13/23
17‌
Total
 $
(275‌)
$
5,284
AUD
7,824
Citibank
N.A.
10/13/23
 $
251‌
$
10,096
CAD
13,288
Citibank
N.A.
10/13/23
311‌
$
810
EUR
732
Citibank
N.A.
10/13/23
36‌
$
3,422
EUR
3,065
Citibank
N.A.
10/13/23
180‌
$
79,393
EUR
71,689
Citibank
N.A.
10/13/23
3,560‌
$
16,924
GBP
13,085
Citibank
N.A.
10/13/23
957‌
$
351
GBP
272
Citibank
N.A.
10/13/23
20‌
$
576
JPY
80,895
Citibank
N.A.
10/13/23
34‌
$
21,364
JPY
2,940,062
Citibank
N.A.
10/13/23
1,646‌
$
2,203
NOK
22,651
Citibank
N.A.
10/13/23
85‌
$
211
PEN
783
Citibank
N.A.
10/16/23
5‌
GBP
418
$
539
Citibank
N.A.
10/13/23
(30‌)
GBP
416
$
538
Citibank
N.A.
10/13/23
(30‌)
Total
 $
7,025‌
$
7,299
KRW
9,664,626
Goldman
Sachs
10/16/23
 $
147‌
$
956
CZK
21,827
Morgan
Stanley
10/13/23
 $
10‌
$
1,086
GBP
841
Morgan
Stanley
10/13/23
60‌
$
500
GBP
407
Morgan
Stanley
10/13/23
3‌
$
932
HUF
335,732
Morgan
Stanley
10/13/23
22‌
$
914
IDR
14,036,335
Morgan
Stanley
10/16/23
7‌
$
708
MXN
12,177
Morgan
Stanley
10/13/23
11‌
$
670
RON
3,104
Morgan
Stanley
10/13/23
11‌
EUR
680
$
756
Morgan
Stanley
10/13/23
(36‌)
EUR
246
$
276
Morgan
Stanley
10/13/23
(16‌)
EUR
38
$
42
Morgan
Stanley
10/13/23
(2‌)
$
345
ZAR
6,501
Morgan
Stanley
10/13/23
2‌
Total
 $
72‌
$
573
JPY
82,641
Standard
Chartered
Bank
10/13/23
 $
19‌
$
390
COP
1,554,203
Toronto
Dominion
Bank
10/17/23
 $
11‌
$
1,671
EUR
1,495
Toronto
Dominion
Bank
10/13/23
89‌
Total
 $
100‌
Total
 $
7,371‌
AUD
Australian
Dollar
CAD
Canadian
Dollar
CNY
Chinese
Yuan
COP
Colombia
Peso
CZK
Czech
Republic
Koruna
EUR
Euro
GBP
Pound
Sterling
HUF
Hungary
Forint
IDR
Indonesia
Rupiah
JPY
Japanese
Yen
KRW
South
Korean
Won
MXN
Mexican
Peso
NOK
Norwegian
Krone
NZD
New
Zealand
Dollar
PEN
Peruvian
Sol
RON
Romanian
Leu
THB
Thai
Baht
ZAR
South
African
Rand
283
See
Notes
to
Portfolio
of
Investments
Credit
Default
Swaps
-
Centrally
Cleared
SOLD
Reference
Entity
Terms
of
Payments
to
be
Paid
Terms
of
Payments
to
be
Received
Counterparty
Fixed
Rate
Payment
Frequency
Maturity
Date
Notional
Amount
(000)
*
Value
(000)
Premiums
Paid
(Received)
(000)
Unrealized
Appreciation
(Depreciation)
(000)
CDX-NAIGS41V1-5Y
Credit
event
as
specified
in
contract
1.000%
Citigroup
Global
Markets,
Inc
Quarterly
12/20/28
$450,000‌
$(5,528‌)
$(6,523‌)
$995‌
CDX-NAHYS41V1-5Y
Credit
event
as
specified
in
contract
5.000
Citigroup
Global
Markets,
Inc
Quarterly
12/20/28
150,000‌
(1,400‌)
(1,233‌)
(167‌)
Total
$(6,928‌)
$(7,756‌)
$828‌
*  
The
maximum
potential
amount
the
Account
could
be
required
to
pay
as
a
seller
of
credit
protection
or
receive
as
a
buyer
of
credit
protection
if
a
credit
event
occurs
is
defined
under
the
terms
of
that
particular
swap
agreement.
This
amount
may
be
reduced
by
any
recoverable
assets,
if
applicable.
CREF
Inflation-Linked
Bond
Account
September
30,
2023
Portfolio
of
Investments
284
See
Notes
to
Portfolio
of
Investments
(Unaudited)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
LONG-TERM
INVESTMENTS
-
99.7%
BANK
LOAN
OBLIGATIONS
-
0.5%
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.0%
$
2,056,250
(a)
Trans
Union
LLC
SOFR
12
M
+
2.250%
7.696
%
12/01/28
$
2,058
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
2,058
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.0%
2,947,500
(a)
Rexnord
LLC
SOFR
12
M
+
2.000%
7
.446
10/04/28
2,954
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
2,954
CONSUMER
DURABLES
&
APPAREL
-
0.0%
1,550,400
(a)
Crocs,
Inc
SOFR
12
M
+
3.000%
8.417
02/20/29
1,557
TOTAL
CONSUMER
DURABLES
&
APPAREL
1,557
CONSUMER
SERVICES
-
0.1%
2,946,565
(a)
1011778
BC
ULC
LIBOR
1
M
+
1.750%
7.196
11/19/26
2,939
2,449,984
(a)
Stars
Group
Holdings
BV
SOFR
4
M
+
2.250%
7.754
07/21/26
2,451
TOTAL
CONSUMER
SERVICES
5,390
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.1%
2,992,500
(a)
Select
Medical
Corp
SOFR
12
M
+
3.000%
8.331
03/06/27
2,989
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
2,989
MEDIA
&
ENTERTAINMENT
-
0.1%
1,965,000
(a)
Fluidra
Finco
SL
SOFR
12
M
+
1.925%
7.356
01/29/29
1,956
1,340,156
(a)
Nascar
Holdings
LLC
SOFR
12
M
+
2.500%
7.946
10/19/26
1,344
TOTAL
MEDIA
&
ENTERTAINMENT
3,300
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.1%
1,585,688
(a)
Avantor,
Inc
SOFR
12
M
+
2.250%
7.681
11/08/27
1,587
2,207,333
(a)
Jazz
Financing
Lux
Sarl
SOFR
12
M
+
3.500%
8.946
05/05/28
2,208
2,124,060
(a)
Organon
&
Co
SOFR
3
M
+
3.000%
8.442
06/02/28
2,124
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
5,919
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.0%
1
(a),(b)
MKS
Instruments,
Inc
LIBOR
1
M
+
2.250%
7.171
10/22/28
0^
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
0
^
SOFTWARE
&
SERVICES
-
0.1%
2,334,021
(a)
NortonLifeLock,
Inc
SOFR
12
M
+
2.000%
7.431
09/12/29
2,329
1,330,814
(a)
SS&C
Technologies,
Inc
SOFR
12
M
+
1.750%
7.196
04/16/25
1,332
1,256,661
(a)
SS&C
Technologies,
Inc
SOFR
12
M
+
1.750%
7.196
04/16/25
1,258
TOTAL
SOFTWARE
&
SERVICES
4,919
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.0%
342,807
(a)
Coherent
Corp
SOFR
12
M
+
2.750%
8.196
07/02/29
342
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
342
UTILITIES
-
0.0%
2,474,445
(a)
Core
&
Main
LP
SOFR
2M
+
2.500%
7.691
07/27/28
2,478
TOTAL
UTILITIES
2,478
TOTAL
BANK
LOAN
OBLIGATIONS
31,906
(Cost
$31,784)
285
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
CORPORATE
BONDS
-
2.6%
AUTOMOBILES
&
COMPONENTS
-
0.4%
$
2,000,000
Ford
Motor
Credit
Co
LLC
4.950
%
05/28/27
$
1,877
2,500,000
Ford
Motor
Credit
Co
LLC
7.350
11/04/27
2,549
20,000,000
Ford
Motor
Credit
Co
LLC
7.350
03/06/30
20,254
TOTAL
AUTOMOBILES
&
COMPONENTS
24,680
BANKS
-
0.1%
3,000,000
Bank
of
America
Corp
2.572
10/20/32
2,305
3,000,000
JPMorgan
Chase
&
Co
2.545
11/08/32
2,322
TOTAL
BANKS
4,627
CAPITAL
GOODS
-
0.0%
1,150,000
(c)
Embraer
Netherlands
Finance
BV
7.000
07/28/30
1,141
TOTAL
CAPITAL
GOODS
1,141
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.1%
5,000,000
(c)
Prime
Security
Services
Borrower
LLC
5.750
04/15/26
4,851
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
4,851
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.1%
2,500,000
(c)
Ferrellgas
LP
5.875
04/01/29
2,249
3,600,000
(c)
Prosus
NV
3.257
01/19/27
3,189
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
5,438
CONSUMER
SERVICES
-
0.0%
3,900,000
(c)
Transnet
SOC
Ltd
8.250
02/06/28
3,733
TOTAL
CONSUMER
SERVICES
3,733
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.0%
3,505,000
(c)
Albertsons
Cos,
Inc
6.500
02/15/28
3,464
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
3,464
ENERGY
-
0.7%
2,275,000
Ecopetrol
S.A.
4.625
11/02/31
1,737
1,025,000
(c)
Empresa
Nacional
del
Petroleo
6.150
05/10/33
983
680,000
(c)
EQM
Midstream
Partners
LP
7
.500
06/01/27
681
6,000,000
(c)
EQM
Midstream
Partners
LP
6.500
07/01/27
5,859
2,500,000
Genesis
Energy
LP
8.000
01/15/27
2,410
5,000,000
(c)
Hilcorp
Energy
I
LP
6.000
04/15/30
4,508
2,000,000
(c)
Hilcorp
Energy
I
LP
6
.250
04/15/32
1,778
5,000,000
(c)
Kinetik
Holdings
LP
5.875
06/15/30
4,688
5,000,000
(d)
Occidental
Petroleum
Corp
3.500
08/15/29
4,249
10,000,000
Occidental
Petroleum
Corp
8.875
07/15/30
11,243
3,150,000
(c)
Parkland
Corp
4.625
05/01/30
2,685
1,000,000
Petroleos
Mexicanos
5.350
02/12/28
745
2,375,000
Petroleos
Mexicanos
6.700
02/16/32
1,763
1,644,737
Reliance
Industries
Ltd
2.444
01/15/26
1,570
TOTAL
ENERGY
44,899
FINANCIAL
SERVICES
-
0.1%
3,125,000
(c)
Banco
de
Chile
2.990
12/09/31
2,553
1,700,000
(c)
Indian
Railway
Finance
Corp
Ltd
3.570
01/21/32
1,412
3,000,000
Morgan
Stanley
2.511
10/20/32
2,294
TOTAL
FINANCIAL
SERVICES
6,259
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.2%
14,200,000
Montefiore
Medical
Center
2.895
04/20/32
11,825
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
11,825
CREF
Inflation-Linked
Bond
Account
September
30,
2023
286
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
MATERIALS
-
0.4%
$
3,300,000
(c)
Alpek
SAB
de
C.V.
3.250
%
02/25/31
$
2,590
600,000
(c)
Antofagasta
plc
5.625
05/13/32
572
8,700,000
(c)
Corp
Nacional
del
Cobre
de
Chile
5.125
02/02/33
8,006
2,500,000
(c)
FMG
Resources
August
2006
Pty
Ltd
5.875
04/15/30
2,285
2,950,000
(c)
Freeport
Indonesia
PT
5.315
04/14/32
2,674
7,000,000
(c)
POSCO
4.375
08/04/25
6,813
5,000,000
(c)
SunCoke
Energy,
Inc
4.875
06/30/29
4,249
TOTAL
MATERIALS
27,189
MEDIA
&
ENTERTAINMENT
-
0.1%
5,000,000
(c)
CCO
Holdings
LLC
5.125
05/01/27
4,659
5,000,000
(c)
EIG
Pearl
Holdings
Sarl
3.545
08/31/36
4,046
TOTAL
MEDIA
&
ENTERTAINMENT
8,705
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.1%
4,680,000
Teva
Pharmaceutical
Finance
Netherlands
III
BV
7.875
09/15/29
4,741
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
4,741
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.1%
1,715,000
(c)
SK
Hynix,
Inc
6.500
01/17/33
1,675
1,575,000
TSMC
Arizona
Corp
1.750
10/25/26
1,413
2,000,000
TSMC
Arizona
Corp
4.250
04/22/32
1,855
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
4,943
SOFTWARE
&
SERVICES
-
0.0%
455,000
(c)
Open
Text
Corp
6.900
12/01/27
456
TOTAL
SOFTWARE
&
SERVICES
456
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.0%
3,000,000
(c)
Imola
Merger
Corp
4.750
05/15/29
2,629
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
2,629
TELECOMMUNICATION
SERVICES
-
0.1%
2,900,000
AT&T,
Inc
2.250
02/01/32
2,183
3,000,000
(c)
Telefonica
Moviles
Chile
S.A.
3.537
11/18/31
2,257
3,100,000
Verizon
Communications,
Inc
2.355
03/15/32
2,365
TOTAL
TELECOMMUNICATION
SERVICES
6,805
TRANSPORTATION
-
0.1%
3,000,000
(c)
Grupo
Aeromexico
SAB
de
C.V.
8.500
03/17/27
2,809
3,260,000
(c)
Misc
Capital
Two
Labuan
Ltd
3.750
04/06/27
3,011
TOTAL
TRANSPORTATION
5,820
UTILITIES
-
0.0%
1,450,000
(c)
Israel
Electric
Corp
Ltd
3.750
02/22/32
1,191
1,000,000
(c)
Sasol
Financing
USA
LLC
8.750
05/03/29
961
TOTAL
UTILITIES
2,152
TOTAL
CORPORATE
BONDS
174,357
(Cost
$190,936)
GOVERNMENT
BONDS
-
93.1%
FOREIGN
GOVERNMENT
BONDS
-
0.1%
6,250,000
(c)
Central
American
Bank
for
Economic
Integration
5.000
02/09/26
6,132
300,000
(c)
Magyar
Export-Import
Bank
Zrt
6.125
12/04/27
295
TOTAL
FOREIGN
GOVERNMENT
BONDS
6,427
MORTGAGE
BACKED
-
2.8%
8,362,159
(a),(c)
Freddie
Mac
STACR
REMIC
Trust
30
D
AVG
SOFR
+
0.950%
6.265
12/25/41
8,216
16,985,940
Government
National
Mortgage
Association
(GNMA)
3.600
09/15/31
16,675
287
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
8,540,734
GNMA
3.650
%
02/15/32
$
8,061
2,012,176
GNMA
3.380
07/15/35
1,887
2,662,051
GNMA
3.870
10/15/36
2,504
34,310,188
GNMA
1.730
07/15/37
28,161
32,351,187
GNMA
4.250
09/15/38
32,197
22,541,302
GNMA
1.650
07/15/42
17,826
24,812,109
GNMA
2.750
01/15/45
21,218
5,064,890
GNMA
4.930
10/15/45
5,039
5,206,025
(a),(c)
Structured
Agency
Credit
Risk
Debt
Note
(STACR)
30
D
AVG
SOFR
+
2.250%
7.565
08/25/33
5,235
9,465,000
(a),(c)
STACR
30
D
AVG
SOFR
+
1.500%
6.815
10/25/41
9,341
15,000,000
(a),(c)
STACR
30
D
AVG
SOFR
+
2.500%
7.815
01/25/42
14,697
20,000,000
(a),(c)
STACR
30
D
AVG
SOFR
+
3.350%
8.665
05/25/42
20,774
TOTAL
MORTGAGE
BACKED
191,831
U.S.
TREASURY
SECURITIES
-
90.2%
9,000,000
Federal
National
Mortgage
Association
(FNMA)
1.625
08/24/35
6,031
50,109,030
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.625
01/15/24
49,629
240,578,030
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.500
04/15/24
236,349
106,590,924
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.125
07/15/24
104,115
167,391,700
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.125
10/15/24
162,275
236,170,650
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.250
01/15/25
227,155
124,883,348
(e)
United
States
Treasury
Inflation
Indexed
Bonds
2.375
01/15/25
123,386
191,709,180
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.125
04/15/25
182,878
199,790,350
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.375
07/15/25
191,266
302,172,390
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.125
10/15/25
286,320
268,256,187
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.625
01/15/26
255,011
71,344,206
(e)
United
States
Treasury
Inflation
Indexed
Bonds
2.000
01/15/26
69,940
163,179,800
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.125
04/15/26
152,446
178,530,800
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.125
07/15/26
166,862
316,864,776
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.125
10/15/26
294,647
238,529,785
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.375
01/15/27
221,863
125,745,790
(e)
United
States
Treasury
Inflation
Indexed
Bonds
2.375
01/15/27
124,787
134,893,206
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.125
04/15/27
123,823
169,319,445
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.375
07/15/27
157,002
150,654,480
(e)
United
States
Treasury
Inflation
Indexed
Bonds
1.625
10/15/27
146,261
238,547,925
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.500
01/15/28
219,849
251,545,392
(e)
United
States
Treasury
Inflation
Indexed
Bonds
1.750
01/15/28
244,304
105,933,366
(e)
United
States
Treasury
Inflation
Indexed
Bonds
1.250
04/15/28
100,712
134,229,437
(e)
United
States
Treasury
Inflation
Indexed
Bonds
3.625
04/15/28
141,025
138,942,993
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.750
07/15/28
129,282
222,744,880
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.875
01/15/29
206,650
167,856,588
(e)
United
States
Treasury
Inflation
Indexed
Bonds
2.500
01/15/29
168,971
9,464,295
(e)
United
States
Treasury
Inflation
Indexed
Bonds
3.875
04/15/29
10,188
223,463,130
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.250
07/15/29
199,068
249,257,086
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.125
01/15/30
217,263
146,045,725
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.125
07/15/30
126,546
186,702,570
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.125
01/15/31
159,642
268,538,561
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.125
07/15/31
227,982
103,855,374
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.125
01/15/32
87,001
71,638,944
(e)
United
States
Treasury
Inflation
Indexed
Bonds
3.375
04/15/32
77,194
242,444,923
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0.625
07/15/32
211,228
304,208,097
(e)
United
States
Treasury
Inflation
Indexed
Bonds
1.125
01/15/33
274,702
43,680,798
(e)
United
States
Treasury
Inflation
Indexed
Bonds
1.375
07/15/33
40,385
34,400,389
(e)
United
States
Treasury
Inflation
Indexed
Bonds
1.500
02/15/53
28,428
4,500,000
United
States
Treasury
Note
1.000
07/31/28
3,796
6,650,000
United
States
Treasury
Note
3.750
05/31/30
6,313
13,500,000
United
States
Treasury
Note
4.125
08/31/30
13,103
TOTAL
U.S.
TREASURY
SECURITIES
6,175,678
TOTAL
GOVERNMENT
BONDS
6,373,936
(Cost
$6,911,748)
CREF
Inflation-Linked
Bond
Account
September
30,
2023
288
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
STRUCTURED
ASSETS
-
3.3%
ASSET
BACKED
-
0.5%
$
8,016,420
CarMax
Auto
Owner
Trust
5.230
%
01/15/26
$
7,993
Series
-
2023
1
(Class
A2A)
2,947,500
(c)
DB
Master
Finance
LLC
2.045
11/20/51
2,580
Series
-
2021
1A
(Class
A2I)
5,796,750
(c)
DB
Master
Finance
LLC
2.493
11/20/51
4,836
Series
-
2021
1A
(Class
A2II)
4,323,000
(c)
DB
Master
Finance
LLC
2.791
11/20/51
3,333
Series
-
2021
1A
(Class
A23)
3,000,000
(c),(f)
Industrial
DPR
Funding
Ltd
5.380
04/15/34
2,481
Series
-
2022
1A
(Class
1)
4,379,478
(c)
MVW
LLC
1.830
05/20/39
3,933
Series
-
2021
2A
(Class
B)
6,780,174
(c)
Oak
Street
Investment
Grade
Net
Lease
Fund
Series
2.380
11/20/51
5,842
Series
-
2021
2A
(Class
A1)
4,287,169
(c)
Sunnova
Helios
VIII
Issuer
LLC
2.790
02/22/49
3,651
Series
-
2022
A
(Class
A)
TOTAL
ASSET
BACKED
34,649
OTHER
MORTGAGE
BACKED
-
2.8%
5,000,000
(a),(c)
BAMLL
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
1.150%
6.483
01/15/39
4,875
Series
-
2022
DKLX
(Class
A)
7,500,000
(a),(c)
BAMLL
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
2.150%
7.483
01/15/39
7,238
Series
-
2022
DKLX
(Class
C)
2,500,000
(a),(c)
BAMLL
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
3.000%
8.333
01/15/39
2,416
Series
-
2022
DKLX
(Class
D)
2,000,000
(a)
BENCHMARK
Mortgage
Trust
4.434
02/15/51
1,496
Series
-
2018
B2
(Class
C)
4,675,000
(a),(c)
BX
Commercial
Mortgage
Trust
LIBOR
1
M
+
2.114%
2.110
10/15/36
4,628
Series
-
2019
XL
(Class
F)
22,089,527
(a),(c)
BX
Commercial
Mortgage
Trust
SOFR
1
M
+
1.312%
6.644
10/15/38
21,486
Series
-
2021
XL2
(Class
C)
3,777,505
(a),(c)
BX
Commercial
Mortgage
Trust
SOFR
1
M
+
1.960%
7.292
10/15/38
3,643
Series
-
2021
XL2
(Class
E)
6,000,000
(a),(c)
BX
Commercial
Mortgage
Trust
SOFR
1
M
+
1.385%
6.717
12/15/38
5,859
Series
-
2021
CIP
(Class
B)
2,000,000
(a),(c)
BX
Commercial
Mortgage
Trust
SOFR
1
M
+
1.840%
7.172
01/17/39
1,966
Series
-
2022
AHP
(Class
B)
5,650,000
(a),(c)
Citigroup
Commercial
Mortgage
Trust
SOFR
1
M
+
2.014%
7.347
10/15/38
5,422
Series
-
2021
PRM2
(Class
D)
7,500,000
(a),(c)
Citigroup
Commercial
Mortgage
Trust
SOFR
1
M
+
2.514%
7.847
10/15/38
7,204
Series
-
2021
PRM2
(Class
E)
7,144,000
(a)
Citigroup
Commercial
Mortgage
Trust
4.175
07/10/47
6,672
Series
-
2014
GC23
(Class
B)
937,574
(c)
COMM
Mortgage
Trust
3.397
03/10/46
795
Series
-
2013
CR6
(Class
B)
5,550,000
(a)
COMM
Mortgage
Trust
4.526
02/10/47
5,323
Series
-
2014
CR14
(Class
AM)
5,180,000
(a)
COMM
Mortgage
Trust
4.585
02/10/47
4,599
Series
-
2014
CR14
(Class
B)
6,821,700
COMM
Mortgage
Trust
4.377
05/10/47
6,212
Series
-
2014
CR17
(Class
B)
1,000,000
(a)
COMM
Mortgage
Trust
4.694
10/10/47
916
Series
-
2014
LC17
(Class
C)
2,500,000
(a)
COMM
Mortgage
Trust
4.614
10/10/48
2,278
Series
-
2015
CR26
(Class
B)
8,511,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
1.550%
6.865
10/25/41
8,501
Series
-
2021
R01
(Class
1M2)
2,784,494
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
0.900%
6.215
11/25/41
2,765
Series
-
2021
R02
(Class
2M1)
289
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
9,000,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
1.650%
6.965
%
12/25/41
$
8,830
Series
-
2021
R03
(Class
1M2)
4,235,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.750%
9.065
12/25/42
4,452
Series
-
2023
R01
(Class
1M2)
6,000,000
(a),(c)
ELP
Commercial
Mortgage
Trust
SOFR
1
M
+
1.434%
6.767
11/15/38
5,859
Series
-
2021
ELP
(Class
C)
2,500,000
(a),(c)
ELP
Commercial
Mortgage
Trust
SOFR
1
M
+
2.233%
7.566
11/15/38
2,458
Series
-
2021
ELP
(Class
E)
5,000,000
(a),(c)
GS
Mortgage
Securities
Corp
II
SOFR
1
M
+
3.464%
8.797
11/15/36
4,648
Series
-
2021
ARDN
(Class
E)
3,000,000
(a),(c)
GS
Mortgage
Securities
Corp
Trust
SOFR
1
M
+
2.864%
8.197
11/15/36
2,802
Series
-
2021
ARDN
(Class
D)
2,000,000
(c)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
3.620
01/16/37
1,645
Series
-
2020
NNN
(Class
DFX)
2,200,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
4
.629
09/15/47
2,088
Series
-
2014
C23
(Class
B)
3,479,675
(a)
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
5.032
02/15/47
3,447
Series
-
2014
C14
(Class
B)
5,000,000
(a)
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
4.000
12/15/47
4,673
Series
-
2014
C19
(Class
B)
3,986,816
(a),(c)
Morgan
Stanley
Capital
I
Inc
SOFR
1
M
+
1.491%
6.824
11/15/23
3,874
Series
-
2021
ILP
(Class
C)
2,500,000
(c)
MRCD
Mortgage
Trust
2.718
12/15/36
1,538
Series
-
2019
PARK
(Class
D)
2,500,000
(c)
MRCD
Mortgage
Trust
2.718
12/15/36
1,470
Series
-
2019
PARK
(Class
E)
9,565,000
(a),(c)
MTN
Commercial
Mortgage
Trust
SOFR
1
M
+
1.397%
6.737
03/15/39
9,455
Series
-
2022
LPFL
(Class
A)
6,555,000
(a),(c)
MTN
Commercial
Mortgage
Trust
SOFR
1
M
+
2.943%
7.773
03/15/39
6,361
Series
-
2022
LPFL
(Class
D)
2,500,000
(a),(c)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
2.279%
7.612
07/15/36
2,029
Series
-
2019
MILE
(Class
C)
7,421,798
(a),(c)
SMR
Mortgage
Trust
SOFR
1
M
+
2.400%
7.732
02/15/39
7,039
Series
-
2022
IND
(Class
B)
2,000,000
(a),(c)
SREIT
Trust
SOFR
1
M
+
1.286%
6.618
11/15/36
1,963
Series
-
2021
MFP2
(Class
B)
7,165,000
UBS
Commercial
Mortgage
Trust
4.036
06/15/50
6,058
Series
-
2017
C1
(Class
B)
1,439,539
(c)
Verus
Securitization
Trust
3.000
11/25/59
1,378
Series
-
2019
4
(Class
A3)
7,604,006
(a),(c)
Verus
Securitization
Trust
2.240
10/25/66
6,096
Series
-
2021
7
(Class
A3)
1,951,000
(a)
WFRBS
Commercial
Mortgage
Trust
4
.139
03/15/45
1,587
Series
-
2013
C11
(Class
C)
TOTAL
OTHER
MORTGAGE
BACKED
194,044
TOTAL
STRUCTURED
ASSETS
228,693
(Cost
$242,877)
SHARES
REFERENCERATE
&
SPREAD
COMMON
STOCKS
-
0.2%
FINANCIAL
SERVICES
-
0.2%
475,737
(d)
Invesco
Senior
Loan
ETF
9,986
TOTAL
FINANCIAL
SERVICES
9,986
TOTAL
COMMON
STOCKS
9,986
(Cost
$10,002)
TOTAL
LONG-TERM
INVESTMENTS
6,818,878‌
CREF
Inflation-Linked
Bond
Account
September
30,
2023
290
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Cost
amounts
are
in
thousands.
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
(Cost
$7,387,347)
PRINCIPAL
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS
-
0.0%
REPURCHASE
AGREEMENT
-
0.0%
$
1,728,000
(g)
Fixed
Income
Clearing
Corp
(FICC)
5.300
%
10/02/23
$
1,728
TOTAL
REPURCHASE
AGREEMENT
1,728
TOTAL
SHORT-TERM
INVESTMENTS
1,728
(Cost
$1,728)
SHARES
COMPANY
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.1%
9,830,130
(h)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5.360
9,830
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
9,830
(Cost
$9,830)
TOTAL
INVESTMENTS
-
99.8%
6,830,436
(Cost
$7,398,905)
OTHER
ASSETS
&
LIABILITIES,
NET
-
0.2%
15,253
NET
ASSETS
-
100.0%
$6,845,689
AVG
Average
D
Day
ETF
Exchange
Traded
Fund
LIBOR
London
Interbank
Offered
Rate
M
Month
REMIC
Real
Estate
Mortgage
Investment
Conduit
SOFR
Secure
Overnight
Financing
Rate
^
Amount
represents
less
than
$1,000.
(a)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
unless
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
(b)
When-issued
or
delayed
delivery
security.
(c)
Security
is
exempt
from
registration
under
Rule
144(A)
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
(d)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$9,555,438.
(e)
Principal
amount
for
interest
accrual
purposes
is
periodically
adjusted
based
on
changes
in
the
Consumer
Price
Index.
(f)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(g)
Agreement
with
Fixed
Income
Clearing
Corp
(FICC),
5.300%
dated
9/29/23
to
be
repurchased
at
$1,728,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
4.125%
and
maturity
date
8/31/30,
valued
at
$1,762,622.
(h)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
Futures
Contracts
-
Long
Description
Number
of
Contracts
(000)
Expiration
Date
Notional
Amount
(000)
Value
(000)
Unrealized
Appreciation
(Depreciation)
(000)
U.S.
Treasury
10-Year
Note
1,380‌
12/19/23
 $
151,874‌
$
149,126‌
$
(2,748‌)
U.S.
Treasury
2-Year
Note
890‌
12/29/23
180,792‌
180,413‌
(379‌)
U.S.
Treasury
5-Year
Note
1,045‌
12/29/23
110,908‌
110,100‌
(808‌)
Total
3,315‌
 $
443,574‌
 $
439,639‌
 $
(3,935‌)
Portfolio
of
Investments
CREF
Social
Choice
Account
September
30,
2023
291
See
Notes
to
Portfolio
of
Investments
(Unaudited)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
LONG-TERM
INVESTMENTS
-
98.6%
BANK
LOAN
OBLIGATIONS
-
0.2%
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.1%
$
15,640,000
(a)
LTR
Intermediate
Holdings,
Inc
SOFR
12
M
+
4.500%
9.946
%
05/05/28
$
14,827
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
14,827
CONSUMER
DURABLES
&
APPAREL
-
0.0%
700,000
(b),(c)
KDC
Agribusiness
Fairless
Hills
LLC
12.000
09/17/23
164
TOTAL
CONSUMER
DURABLES
&
APPAREL
164
UTILITIES
-
0.1%
16,820,600
(a),(d)
TerraForm
Power
Operating
LLC
SOFR
4
M
+
2.500%
7.842
05/21/29
16,723
4,560,302
(a)
TerraForm
Power
Operating
LLC
SOFR
1
M
+
2.500%
7.990
05/30/29
4,534
TOTAL
UTILITIES
21,257
TOTAL
BANK
LOAN
OBLIGATIONS
36,248
(Cost
$37,426)
CORPORATE
BONDS
-
11.5%
AUTOMOBILES
&
COMPONENTS
-
0.1%
6,760,000
Ford
Motor
Co
3.250
02/12/32
5,210
12,866,000
Magna
International,
Inc
3.625
06/15/24
12,662
2,260,000
(e)
ZF
North
America
Capital,
Inc
6.875
04/14/28
2,211
4,980,000
(e)
ZF
North
America
Capital,
Inc
7.125
04/14/30
4,879
TOTAL
AUTOMOBILES
&
COMPONENTS
24,962
BANKS
-
1.6%
11,450,000
(e)
ABN
AMRO
Bank
NV
2.470
12/13/29
9,455
6,925,000
(e)
Banco
Nacional
de
Comercio
Exterior
SNC
2.720
08/11/31
5,713
11,181,000
Bank
of
America
Corp
0.981
09/25/25
10,590
11,750,000
Bank
of
America
Corp
2.687
04/22/32
9,235
4,900,000
(a),(f)
Bank
of
America
Corp
SOFR
3
M
+
3.397%
8.806
N/A(g)
4,902
10,000,000
Bank
of
Montreal
3.803
12/15/32
8,735
17,639,000
Bank
of
Nova
Scotia
0.650
07/31/24
16,886
10,000,000
Barclays
plc
6.692
09/13/34
9,763
4,350,000
(e)
BNP
Paribas
S.A.
1.904
09/30/28
3,680
11,250,000
Citigroup,
Inc
0.776
10/30/24
11,197
14,591,000
Citigroup,
Inc
1.281
11/03/25
13,781
4,841,000
Citigroup,
Inc
2.014
01/25/26
4,571
6,375,000
(a)
Citigroup,
Inc
SOFR
+
0.694%
5.330
01/25/26
6,349
11,575,000
Citigroup,
Inc
7.625
N/A(g)
11,293
5,268,000
(a)
Citigroup,
Inc
SOFR
3
M
+
4.068%
9.699
N/A(g)
5,258
10,000,000
HSBC
Holdings
plc
5.210
08/11/28
9,628
9,925,000
HSBC
Holdings
plc
6.161
03/09/29
9,825
6,575,000
HSBC
Holdings
plc
5.402
08/11/33
6,059
10,000,000
(e)
ING
Groep
NV
1.400
07/01/26
9,192
8,300,000
ING
Groep
NV
4.017
03/28/28
7,705
10,000,000
ING
Groep
NV
2.727
04/01/32
7,856
1,825,000
(e)
Intesa
Sanpaolo
S.p.A
5.017
06/26/24
1,782
9,750,000
(e)
Intesa
Sanpaolo
S.p.A
3.250
09/23/24
9,448
3,650,000
(e)
Intesa
Sanpaolo
S.p.A
6.625
06/20/33
3,430
6,000,000
(e)
Intesa
Sanpaolo
S.p.A
4.950
06/01/42
3,720
5,000,000
JPMorgan
Chase
&
Co
1.040
02/04/27
4,450
5,990,000
(f)
JPMorgan
Chase
&
Co
3.650
N/A(g)
5,228
4,000,000
Lloyds
Banking
Group
plc
4.500
11/04/24
3,910
CREF
Social
Choice
Account
September
30,
2023
292
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
7,500,000
Lloyds
Banking
Group
plc
5.871
%
03/06/29
$
7,333
8,125,000
Morgan
Stanley
Bank
NA
4.754
04/21/26
7,942
11,125,000
(e)
National
Australia
Bank
Ltd
2.332
08/21/30
8,412
12,638,000
National
Bank
of
Canada
0.550
11/15/24
12,544
3,250,000
Royal
Bank
of
Canada
1.200
04/27/26
2,898
10,457,000
Santander
Holdings
USA,
Inc
5.807
09/09/26
10,285
9,000,000
(e)
Shinhan
Financial
Group
Co
Ltd
5.000
07/24/28
8,692
3,507,000
Toronto-Dominion
Bank
1.250
12/13/24
3,320
15,000,000
(e)
UniCredit
S.p.A
2.569
09/22/26
13,741
3,600,000
(e)
UniCredit
S.p.A
5.459
06/30/35
3,018
10,000,000
(e)
United
Overseas
Bank
Ltd
2.000
10/14/31
8,869
10,450,000
Wells
Fargo
&
Co
4.540
08/15/26
10,150
TOTAL
BANKS
310,845
CAPITAL
GOODS
-
0.1%
5,000,000
Otis
Worldwide
Corp
3.112
02/15/40
3,570
10,500,000
(e)
Triton
Container
International
Ltd
1.150
06/07/24
10,104
TOTAL
CAPITAL
GOODS
13,674
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.2%
9,500,000
Automatic
Data
Processing,
Inc
1.700
05/15/28
8,207
10,000,000
Automatic
Data
Processing,
Inc
1.250
09/01/30
7,719
10,000,000
Mather
Foundation
2.675
10/01/31
7,983
4,600,000
Republic
Services,
Inc
5.000
04/01/34
4,354
15,810,000
Rockefeller
Foundation
2.492
10/01/50
9,121
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
37,384
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.1%
6,200,000
Genuine
Parts
Co
1.750
02/01/25
5,841
11,000,000
Lowe's
Cos,
Inc
4.800
04/01/26
10,793
5,525,000
Lowe's
Cos,
Inc
2.800
09/15/41
3,569
5,300,000
Lowe's
Cos,
Inc
5.750
07/01/53
4,944
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
25,147
CONSUMER
SERVICES
-
0.5%
5,000,000
BB
Blue
Financing
DAC
4.395
09/20/29
4,843
2,900,000
Bush
Foundation
2.754
10/01/50
1,740
4,390,000
Conservation
Fund
3.474
12/15/29
3,707
10,000,000
Henry
J
Kaiser
Family
Foundation
3.356
12/01/25
9,339
7,725,000
Massachusetts
Higher
Education
Assistance
Corp
2.673
07/01/31
5,918
3,440,000
(a)
Nature
Conservancy
SOFR
3
M
+
1.342%
6.714
02/01/24
3,447
1,720,000
Nature
Conservancy
2.668
03/01/26
1,573
3,000,000
Nature
Conservancy
3.001
03/01/29
2,549
10,437,000
Nature
Conservancy
3.957
03/01/52
7,906
17,500,000
New
York
Public
Library
Astor
Lenox
&
Tilden
Foundations
4.305
07/01/45
13,699
9,770,000
Preservation
Of
Affordable
Housing,
Inc
4.479
12/01/32
8,806
2,200,000
Salvation
Army
5.637
09/01/26
2,188
20,000,000
Salvation
Army
4.528
09/01/48
17,413
8,400,000
Starbucks
Corp
2.450
06/15/26
7,776
5,000,000
Starbucks
Corp
4.450
08/15/49
3,965
11,065,000
YMCA
of
Greater
New
York
5.151
08/01/48
8,691
TOTAL
CONSUMER
SERVICES
103,560
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.1%
13,598,000
SYSCO
Corp
2.400
02/15/30
11,199
18,954,000
Walmart,
Inc
1.800
09/22/31
14,917
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
26,116
ENERGY
-
0.8%
10,000,000
(e)
Aker
BP
ASA
4.000
01/15/31
8,590
9,275,000
(e)
Aker
BP
ASA
6.000
06/13/33
8,964
9,265,000
BP
Capital
Markets
America,
Inc
4.812
02/13/33
8,671
293
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
6,050,000
BP
Capital
Markets
America,
Inc
4.893
%
09/11/33
$
5,680
9,875,000
BP
Capital
Markets
America,
Inc
2.772
11/10/50
5,814
8,000,000
Cheniere
Energy
Partners
LP
4.000
03/01/31
6,839
4,850,000
(e)
Cheniere
Energy
Partners
LP
5.950
06/30/33
4,678
8,350,000
ConocoPhillips
Co
5.050
09/15/33
7,994
8,875,000
ConocoPhillips
Co
5.300
05/15/53
8,150
4,515,000
ConocoPhillips
Co
5.550
03/15/54
4,291
1,627,000
Enbridge,
Inc
4.000
10/01/23
1,627
9,625,000
Enbridge,
Inc
2.500
01/15/25
9,198
2,423,000
Enbridge,
Inc
5.750
07/15/80
2,109
8,125,000
Equinor
ASA
2.375
05/22/30
6,822
5,932,000
Equinor
ASA
3.950
05/15/43
4,712
12,450,000
Equinor
ASA
3.250
11/18/49
8,321
6,200,000
ONEOK,
Inc
4.950
07/13/47
4,898
6,800,000
Pioneer
Natural
Resources
Co
5.100
03/29/26
6,713
11,700,000
(e)
Santos
Finance
Ltd
3.649
04/29/31
9,348
3,690,000
(e),(f)
Sunnova
Energy
Corp
5.875
09/01/26
3,163
2,185,000
Total
Capital
International
S.A.
3.750
04/10/24
2,161
11,400,000
TotalEnergies
Capital
International
S.A.
2.986
06/29/41
7,945
11,316,000
TotalEnergies
Capital
International
S.A.
3.127
05/29/50
7,375
1,000,000
TransCanada
PipeLines
Ltd
3.750
10/16/23
999
10,000,000
Williams
Cos,
Inc
5.400
03/02/26
9,922
10,000,000
Williams
Cos,
Inc
5.300
08/15/28
9,781
TOTAL
ENERGY
164,765
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
0.2%
8,595,000
Brixmor
Operating
Partnership
LP
3.900
03/15/27
7,917
6,600,000
Brixmor
Operating
Partnership
LP
2.250
04/01/28
5,558
1,500,000
ERP
Operating
LP
4.150
12/01/28
1,407
4,470,000
(e),(f)
HAT
Holdings
I
LLC
3.375
06/15/26
3,973
9,585,000
(e),(f)
HAT
Holdings
I
LLC
3.750
09/15/30
7,335
3,900,000
Host
Hotels
&
Resorts
LP
2.900
12/15/31
2,998
16,822,000
Regency
Centers
LP
3.750
06/15/24
16,420
1,325,000
(e)
Starwood
Property
Trust,
Inc
5.500
11/01/23
1,322
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
46,930
FINANCIAL
SERVICES
-
1.7%
10,800,000
Banco
Bilbao
Vizcaya
Argentaria
S.A.
9.375
N/A(g)
10,716
5,400,000
(e),(f)
BNP
Paribas
S.A.
8.500
N/A(g)
5,283
20,525,000
(e)
BPCE
S.A.
2.045
10/19/27
18,078
10,750,000
(e)
BPCE
S.A.
3.116
10/19/32
8,007
3,000,000
Canadian
Imperial
Bank
of
Commerce
6.092
10/03/33
2,980
11,645,000
Community
Preservation
Corp
2.867
02/01/30
9,681
2,150,000
(e)
Cooperatieve
Rabobank
UA
1.004
09/24/26
1,944
4,750,000
Enterprise
Community
Loan
Fund,
Inc
4.152
11/01/28
4,314
7,055,000
(e)
Federation
des
Caisses
Desjardins
du
Quebec
0.450
10/07/23
7,051
5,625,000
(e)
Federation
des
Caisses
Desjardins
du
Quebec
5.700
03/14/28
5,553
12,775,000
Ford
Foundation
2.815
06/01/70
7,019
10,000,000
Goldman
Sachs
Group,
Inc
0.855
02/12/26
9,267
14,242,000
(e)
GPS
Blue
Financing
DAC
5.645
11/09/41
13,423
3,850,000
ING
Groep
NV
6.114
09/11/34
3,739
9,875,000
Low
Income
Investment
Fund
3.711
07/01/29
8,689
7,725,000
Mastercard,
Inc
1.900
03/15/31
6,136
10,000,000
Morgan
Stanley
0.791
01/22/25
9,806
11,950,000
Morgan
Stanley
0.985
12/10/26
10,661
1,992,000
National
Rural
Utilities
Cooperative
Finance
Corp
5.250
04/20/46
1,888
11,400,000
(a),(e)
NatWest
Markets
plc
SOFR
+
0.530%
5.871
08/12/24
11,364
10,000,000
(e)
NongHyup
Bank
1.250
07/20/25
9,228
1,211,000
Reinvestment
Fund,
Inc
3.166
11/01/23
1,207
3,000,000
Reinvestment
Fund,
Inc
3.600
02/15/24
2,958
10,250,000
Reinvestment
Fund,
Inc
3.366
11/01/24
9,839
2,570,000
Reinvestment
Fund,
Inc
3.513
11/01/25
2,383
CREF
Social
Choice
Account
September
30,
2023
294
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
15,240,000
Reinvestment
Fund,
Inc
3.880
%
02/15/27
$
13,674
7,435,000
Reinvestment
Fund,
Inc
3.930
02/15/28
6,683
4,430,000
(e),(f)
Starwood
Property
Trust,
Inc
4.375
01/15/27
3,864
8,727,000
Toyota
Motor
Credit
Corp
2.150
02/13/30
7,197
11,675,000
(e)
UBS
Group
AG.
1.494
08/10/27
10,191
12,250,000
(e)
UBS
Group
AG.
6.327
12/22/27
12,230
7,500,000
(e)
UBS
Group
AG.
6.246
09/22/29
7,421
10,000,000
(e)
UBS
Group
AG.
2.746
02/11/33
7,560
9,925,000
(e)
UBS
Group
AG.
6.301
09/22/34
9,693
7,150,000
(e)
UBS
Group
AG.
3.179
02/11/43
4,625
17,300,000
(f)
Unilever
Capital
Corp
4.875
09/08/28
17,042
10,000,000
Unilever
Capital
Corp
5.000
12/08/33
9,684
7,500,000
Visa,
Inc
1.900
04/15/27
6,727
17,000,000
Visa,
Inc
1.100
02/15/31
12,830
3,450,000
(e)
WLB
Asset
II
B
Pte
Ltd
3.950
12/10/24
3,264
5,500,000
(e)
WLB
Asset
II
C
Pte
Ltd
3.900
12/23/25
5,023
15,750,000
(e)
WLB
Asset
II
D
Pte
Ltd
6.500
12/21/26
14,855
1,925,000
(e)
WLB
Asset
II
Pte
Ltd
4.000
01/14/24
1,891
TOTAL
FINANCIAL
SERVICES
335,668
FOOD,
BEVERAGE
&
TOBACCO
-
0.3%
10,125,000
(e)
Mars,
Inc
4.650
04/20/31
9,632
10,000,000
(e)
NBM
US
Holdings,
Inc
6.625
08/06/29
9,122
6,600,000
(e)
Nestle
Holdings,
Inc
4.950
03/14/30
6,484
7,500,000
(e)
Nestle
Holdings,
Inc
4.850
03/14/33
7,247
10,000,000
PepsiCo,
Inc
3.900
07/18/32
9,112
16,674,000
PepsiCo,
Inc
2.875
10/15/49
10,898
11,075,000
Unilever
Capital
Corp
2.000
07/28/26
10,150
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
62,645
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.3%
9,825,000
CVS
Health
Corp
5.300
06/01/33
9,306
15,000,000
CVS
Health
Corp
5.050
03/25/48
12,463
4,188,000
Kaiser
Foundation
Hospitals
2.810
06/01/41
2,813
2,250,000
Mary
Free
Bed
Rehabilitation
Hospital
3.786
04/01/51
1,478
13,920,000
Montefiore
Medical
Center
2.895
04/20/32
11,592
7,000,000
Revvity,
Inc
2.250
09/15/31
5,320
10,385,000
(f)
Stanford
Health
Care
3.027
08/15/51
6,572
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
49,544
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.2%
5,300,000
Procter
&
Gamble
Co
3.000
03/25/30
4,708
12,975,000
Procter
&
Gamble
Co
1.200
10/29/30
10,043
5,523,000
Unilever
Capital
Corp
2.125
09/06/29
4,644
6,125,000
Unilever
Capital
Corp
1.375
09/14/30
4,724
8,475,000
Unilever
Capital
Corp
1.750
08/12/31
6,568
9,425,000
Unilever
Capital
Corp
2.625
08/12/51
5,688
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
36,375
INSURANCE
-
0.2%
3,975,000
(e)
Five
Corners
Funding
Trust
4.419
11/15/23
3,964
14,425,000
(e),(f)
Five
Corners
Funding
Trust
II
2.850
05/15/30
12,028
11,600,000
(e)
Muenchener
Rueckversicherungs-Gesellschaft
AG.
in
Muenchen
5.875
05/23/42
11,171
10,000,000
Principal
Financial
Group,
Inc
2.125
06/15/30
7,952
2,000,000
Prudential
Financial,
Inc
1.500
03/10/26
1,814
2,152,000
Prudential
Financial,
Inc
3.700
10/01/50
1,750
9,838,000
(e)
USAA
Capital
Corp
2.125
05/01/30
7,904
TOTAL
INSURANCE
46,583
MATERIALS
-
0.6%
10,500,000
Air
Products
and
Chemicals,
Inc
4.800
03/03/33
10,073
6,550,000
(e)
Celulosa
Arauco
y
Constitucion
S.A.
4.200
01/29/30
5,614
295
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
9,145,000
(e)
Celulosa
Arauco
y
Constitucion
S.A.
5.150
%
01/29/50
$
7,060
7,250,000
(e)
Cemex
SAB
de
C.V.
9.125
N/A(g)
7,547
11,000,000
(e)
FMG
Resources
August
2006
Pty
Ltd
6.125
04/15/32
10,003
3,409,000
International
Paper
Co
4.800
06/15/44
2,792
12,000,000
(e)
Inversiones
CMPC
S.A.
4.375
04/04/27
11,227
2,150,000
(e)
Inversiones
CMPC
S.A.
6.125
06/23/33
2,093
4,000,000
(e)
Klabin
Austria
GmbH
7.000
04/03/49
3,776
4,000,000
(e)
Klabin
Finance
S.A.
4.875
09/19/27
3,790
6,855,000
(e)
LG
Chem
Ltd
4.375
07/14/25
6,664
3,250,000
(e)
LG
Chem
Ltd
3.625
04/15/29
2,934
5,000,000
Newmont
Corp
2.250
10/01/30
3,981
9,875,000
PPG
Industries,
Inc
1.200
03/15/26
8,863
11,500,000
Sonoco
Products
Co
1.800
02/01/25
10,847
5,525,000
Sonoco
Products
Co
2.250
02/01/27
4,902
7,500,000
Suzano
International
Finance
BV
5.500
01/17/27
7,348
12,736,000
(f)
Teck
Resources
Ltd
3.900
07/15/30
11,070
TOTAL
MATERIALS
120,584
MEDIA
&
ENTERTAINMENT
-
0.2%
11,250,000
(f)
Comcast
Corp
4.650
02/15/33
10,533
6,475,000
Pfizer
Investment
Enterprises
Pte
Ltd
5.110
05/19/43
5,946
16,481,670
(e)
Sweihan
PV
Power
Co
PJSC
3.625
01/31/49
12,753
TOTAL
MEDIA
&
ENTERTAINMENT
29,232
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.6%
13,450,000
Amgen,
Inc
5.250
03/02/33
12,858
13,200,000
Amgen,
Inc
5.600
03/02/43
12,272
16,175,000
Amgen,
Inc
5.650
03/02/53
15,139
14,984,000
AstraZeneca
plc
0.700
04/08/26
13,375
12,550,000
Merck
&
Co,
Inc
2.150
12/10/31
9,924
8,800,000
Merck
&
Co,
Inc
2.750
12/10/51
5,315
6,925,000
Pfizer
Investment
Enterprises
Pte
Ltd
4.650
05/19/25
6,829
9,025,000
Pfizer
Investment
Enterprises
Pte
Ltd
4.750
05/19/33
8,531
15,000,000
Pfizer
Investment
Enterprises
Pte
Ltd
5.300
05/19/53
13,937
4,497,000
Pfizer,
Inc
2.625
04/01/30
3,841
5,400,000
Pfizer,
Inc
1.750
08/18/31
4,184
9,994,000
Takeda
Pharmaceutical
Co
Ltd
2.050
03/31/30
8,036
8,500,000
Takeda
Pharmaceutical
Co
Ltd
3.175
07/09/50
5,379
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
119,620
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.1%
8,550,000
National
Community
Renaissance
of
California
3.270
12/01/32
6,737
1,925,000
NHP
Foundation
5.850
12/01/28
1,973
4,850,000
NHP
Foundation
6.000
12/01/33
4,964
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
13,674
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.2%
11,550,000
(f)
Intel
Corp
4.150
08/05/32
10,510
7,208,000
NXP
BV
3.400
05/01/30
6,164
10,000,000
(e)
SK
Hynix,
Inc
2.375
01/19/31
7,510
10,000,000
Texas
Instruments,
Inc
5.050
05/18/63
8,863
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
33,047
SOFTWARE
&
SERVICES
-
0.0%
3,250,000
Autodesk,
Inc
2.400
12/15/31
2,562
TOTAL
SOFTWARE
&
SERVICES
2,562
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.1%
14,250,000
Apple,
Inc
3.000
06/20/27
13,275
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
13,275
CREF
Social
Choice
Account
September
30,
2023
296
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
TELECOMMUNICATION
SERVICES
-
0.1%
$
5,022,000
(a)
Verizon
Communications,
Inc
SOFR
+
0.790%
6.135
%
03/20/26
$
5,046
9,548,000
Verizon
Communications,
Inc
2.550
03/21/31
7,602
1,800,000
(f)
Vodafone
Group
plc
3.250
06/04/81
1,585
8,200,000
Vodafone
Group
plc
4.125
06/04/81
6,332
TOTAL
TELECOMMUNICATION
SERVICES
20,565
TRANSPORTATION
-
0.1%
6,000,000
Norfolk
Southern
Corp
2.300
05/15/31
4,810
8,447,000
Vessel
Management
Services,
Inc
5.125
04/16/35
8,213
TOTAL
TRANSPORTATION
13,023
UTILITIES
-
3.1%
10,254,000
AES
Corp
5.450
06/01/28
9,898
3,750,000
(e)
AIB
Group
plc
6.608
09/13/29
3,734
12,325,000
Ameren
Illinois
Co
2.900
06/15/51
7,434
4,500,000
Atlantic
City
Electric
Co
2.300
03/15/31
3,567
3,345,000
Avangrid,
Inc
3.150
12/01/24
3,225
9,950,000
Avangrid,
Inc
3.200
04/15/25
9,512
13,200,000
Avangrid,
Inc
3.800
06/01/29
11,731
10,275,000
Avista
Corp
4.350
06/01/48
7,874
7,050,000
(e)
Brooklyn
Union
Gas
Co
4.632
08/05/27
6,675
10,000,000
(e)
Brooklyn
Union
Gas
Co
4.866
08/05/32
8,918
9,875,000
CenterPoint
Energy
Houston
Electric
LLC
2.350
04/01/31
7,953
12,350,000
CenterPoint
Energy
Houston
Electric
LLC
3.350
04/01/51
8,225
3,550,000
CMS
Energy
Corp
4.750
06/01/50
3,028
3,100,000
CMS
Energy
Corp
3.750
12/01/50
2,328
11,300,000
(e)
Colbun
S.A.
3.150
01/19/32
9,121
17,500,000
Commonwealth
Edison
Co
2.750
09/01/51
9,925
7,525,000
(e)
Consorcio
Transmantaro
SA
4.700
04/16/34
6,705
5,453,000
Consumers
Energy
Co
2.500
05/01/60
2,853
4,963,356
(e)
Continental
Wind
LLC
6.000
02/28/33
4,960
7,110,000
Dominion
Energy,
Inc
3.600
03/15/27
6,620
8,325,000
Dominion
Energy,
Inc
4.350
N/A(g)
7,188
4,000,000
Dominion
Energy,
Inc
(Step
Bond)
3.071
08/15/24
3,894
22,625,000
DTE
Electric
Co
1.900
04/01/28
19,564
9,025,000
DTE
Electric
Co
3.250
04/01/51
5,811
3,688,000
Duke
Energy
Carolinas
LLC
2.850
03/15/32
3,010
10,000,000
Duke
Energy
Florida
LLC
2.500
12/01/29
8,476
8,875,000
Duke
Energy
Florida
LLC
3.000
12/15/51
5,405
4,000,000
Duke
Energy
Progress
LLC
3.450
03/15/29
3,627
20,250,000
(e)
Electricite
de
France
S.A.
3.625
10/13/25
19,456
2,800,000
Eversource
Energy
0.800
08/15/25
2,552
6,375,000
Florida
Power
&
Light
Co
4.625
05/15/30
6,083
9,885,000
Georgia
Power
Co
3.250
04/01/26
9,317
8,700,000
Georgia
Power
Co
5.125
05/15/52
7,666
7,558,200
(e)
India
Cleantech
Energy
4.700
08/10/26
6,549
5,000,000
(e)
International
Development
Association
0.875
04/28/26
4,491
9,700,000
Interstate
Power
and
Light
Co
3.500
09/30/49
6,319
1,685,000
(e)
Korea
East-West
Power
Co
Ltd
3.600
05/06/25
1,627
12,441,000
(e)
Liberty
Utilities
Finance
GP
2.050
09/15/30
9,592
5,725,000
MidAmerican
Energy
Co
5.350
01/15/34
5,649
1,000,000
MidAmerican
Energy
Co
3.950
08/01/47
756
3,596,000
MidAmerican
Energy
Co
3.150
04/15/50
2,277
6,675,000
MidAmerican
Energy
Co
5.850
09/15/54
6,581
12,350,000
National
Fuel
Gas
Co
5.500
01/15/26
12,146
5,600,000
National
Fuel
Gas
Co
5.500
10/01/26
5,523
11,250,000
National
Fuel
Gas
Co
2.950
03/01/31
8,842
11,610,000
(e)
New
York
State
Electric
&
Gas
Corp
2.150
10/01/31
8,654
13,164,000
(e)
Niagara
Mohawk
Power
Corp
1.960
06/27/30
10,251
9,750,000
(e)
Niagara
Mohawk
Power
Corp
4.119
11/28/42
7,185
1,000,000
(e)
Niagara
Mohawk
Power
Corp
5.783
09/16/52
925
297
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
5,250,000
Northwest
Natural
Gas
Co
3.078
%
12/01/51
$
3,056
15,700,000
Pacific
Gas
and
Electric
Co
6.700
04/01/53
14,745
16,250,000
PacifiCorp
2.900
06/15/52
8,944
7,025,000
PacifiCorp
5.500
05/15/54
5,958
7,113,000
Piedmont
Natural
Gas
Co,
Inc
3.350
06/01/50
4,382
630,000
Public
Service
Co
of
Colorado
4.750
08/15/41
505
5,000,000
Public
Service
Co
of
Colorado
3.200
03/01/50
3,136
7,279,000
Public
Service
Co
of
Oklahoma
2.200
08/15/31
5,624
1,651,000
Public
Service
Electric
and
Gas
Co
3.100
03/15/32
1,389
4,875,000
Public
Service
Electric
and
Gas
Co
4.650
03/15/33
4,582
6,134,000
Public
Service
Electric
and
Gas
Co
3.200
08/01/49
4,039
7,675,000
Public
Service
Electric
and
Gas
Co
5.125
03/15/53
6,995
17,875,000
Public
Service
Enterprise
Group,
Inc
0.800
08/15/25
16,319
5,697,000
San
Diego
Gas
&
Electric
Co
4.950
08/15/28
5,546
14,000,000
San
Diego
Gas
&
Electric
Co
2.950
08/15/51
8,477
2,882,136
SCE
Recovery
Funding
LLC
1.977
11/15/28
2,636
7,100,000
SCE
Recovery
Funding
LLC
2.943
11/15/42
5,337
2,640,000
SCE
Recovery
Funding
LLC
3.240
11/15/46
1,734
4,900,000
Sempra
4.875
N/A(g)
4,643
6,900,000
(e)
Sociedad
de
Transmision
Austral
S.A.
4.000
01/27/32
5,828
19,959,434
(e)
Solar
Star
Funding
LLC
3.950
06/30/35
17,024
19,031,053
(e)
Solar
Star
Funding
LLC
5.375
06/30/35
17,825
750,000
Southern
California
Edison
Co
2.750
02/01/32
600
5,000,000
Southern
California
Edison
Co
3.450
02/01/52
3,188
11,602,000
Southern
Power
Co
4.150
12/01/25
11,214
14,825,000
Southwestern
Electric
Power
Co
3.250
11/01/51
8,904
18,650,000
Southwestern
Public
Service
Co
3.150
05/01/50
11,463
13,945,760
(e)
Star
Energy
Geothermal
Wayang
Windu
Ltd
6.750
04/24/33
13,383
8,612,000
(e)
TerraForm
Power
Operating
LLC
5.000
01/31/28
7,815
17,021,216
(e)
Topaz
Solar
Farms
LLC
4.875
09/30/39
15,300
9,607,560
(e)
Topaz
Solar
Farms
LLC
5.750
09/30/39
8,879
7,945,676
(e)
UEP
Penonome
II
S.A.
6.500
10/01/38
6,001
15,000,000
Union
Electric
Co
2.150
03/15/32
11,494
19,626,000
Union
Electric
Co
2.625
03/15/51
11,138
10,952,000
Union
Electric
Co
3.900
04/01/52
8,011
3,775,000
(e)
Vistra
Corp
7.000
N/A(g)
3,445
10,049,000
Wisconsin
Power
and
Light
Co
3.950
09/01/32
8,850
TOTAL
UTILITIES
612,111
TOTAL
CORPORATE
BONDS
2,261,891
(Cost
$2,615,942)
GOVERNMENT
BONDS
-
23.8%
AGENCY
SECURITIES
-
0.7%
12,544,403
Crowley
Conro
LLC
4.181
08/15/43
11,462
3,822,921
Ethiopian
Leasing
LLC
2.566
08/14/26
3,594
565,673
Export-Import
Bank
of
the
United
States
2.578
12/10/25
545
23,636,000
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
0.250
12/04/23
23,427
8,000,000
Federal
National
Mortgage
Association
(FNMA)
0.625
04/22/25
7,445
5,950,000
Hashemite
Kingdom
of
Jordan
Government
AID
Bond
3.000
06/30/25
5,659
2,625,000
(a)
India
Government
AID
Bond
LIBOR
3
M
+
0.100%
5.734
02/01/27
2,593
4,496,817
Overseas
Private
Investment
Corp
(OPIC)
1.790
10/15/29
4,005
14,052,552
OPIC
2.360
10/15/29
12,743
2,322,750
OPIC
2.930
05/15/30
2,132
3,838,650
OPIC
3.040
05/15/30
3,537
10,452,444
OPIC
3.430
06/01/33
9,469
4,990,168
OPIC
2.450
07/15/38
4,029
3,065,000
Private
Export
Funding
Corp
(PEFCO)
3.550
01/15/24
3,046
8,000,000
PEFCO
3.250
06/15/25
7,696
7,765,000
PEFCO
3.900
10/15/27
7,492
13,936,699
Thirax  LLC
0.968
01/14/33
11,583
CREF
Social
Choice
Account
September
30,
2023
298
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
3,558,433
Thirax
2
LLC
2.320
%
01/22/34
$
3,103
1,775,000
United
States
International
Development
Finance
Corp
1.440
04/15/28
1,534
1,000,000
United
States
International
Development
Finance
Corp
1.650
04/15/28
871
8,085,921
United
States
International
Development
Finance
Corp
1.630
07/15/38
6,145
5,000,000
US
Department
of
Housing
and
Urban
Development
(HUD)
3.535
08/01/36
4,179
TOTAL
AGENCY
SECURITIES
136,289
FOREIGN
GOVERNMENT
BONDS
-
3.6%
11,850,000
(e)
Arab
Petroleum
Investments
Corp
1.483
10/06/26
10,557
9,500,000
Asian
Development
Bank
2.125
03/19/25
9,064
9,670,000
Asian
Development
Bank
4.625
06/13/25
9,573
11,500,000
Asian
Development
Bank
1.750
08/14/26
10,534
22,676,000
Asian
Development
Bank
3.125
09/26/28
21,043
10,000,000
Asian
Development
Bank
3.875
06/14/33
9,324
5,375,000
Asian
Infrastructure
Investment
Bank
4.875
09/14/26
5,363
EUR
7,925,000
(e)
Banque
Ouest
Africaine
de
Developpement
2.750
01/22/33
5,895
10,839,600
BB
Blue
Financing
DAC
4.395
09/20/37
10,307
12,400,000
(e)
BNG
Bank
NV
2.625
02/27/24
12,246
17,250,000
(e)
BNG
Bank
NV
3.500
05/19/28
16,292
CLP
5,975,000,000
(e)
Bonos
de
la
Tesoreria
de
la
Republica
en
pesos
2.300
10/01/28
5,576
1,900,000
(e)
Caisse
d'Amortissement
de
la
Dette
Sociale
0.625
02/18/26
1,710
12,250,000
(e)
Caisse
d'Amortissement
de
la
Dette
Sociale
4.875
09/19/26
12,210
4,750,000
(e)
Caisse
d'Amortissement
de
la
Dette
Sociale
1.375
01/20/31
3,727
5,000,000
(e)
Caisse
d'Amortissement
de
la
Dette
Sociale
2.125
01/26/32
4,050
21,980,000
Canada
Government
International
Bond
2.875
04/28/25
21,177
16,020,000
Canada
Government
International
Bond
3.750
04/26/28
15,382
3,484,000
Canal
Barge
Co,
Inc
4.500
11/12/34
3,297
12,500,000
(e)
CDP
Financial,
Inc
1.000
05/26/26
11,203
5,625,000
(e)
Central
American
Bank
for
Economic
Integration
5.000
02/09/26
5,519
10,075,000
Chile
Government
International
Bond
3.100
05/07/41
6,837
8,125,000
(f)
Council
Of
Europe
Development
Bank
3.000
06/16/25
7,814
15,000,000
(e)
Development
Bank
of
Japan,
Inc
0.500
03/04/24
14,674
19,500,000
European
Bank
for
Reconstruction
&
Development
1.625
09/27/24
18,746
6,540,000
(e)
European
Investment
Bank
2.876
06/13/25
6,288
3,750,000
European
Investment
Bank
2.375
05/24/27
3,451
11,961,000
European
Investment
Bank
0.625
10/21/27
10,175
3,750,000
European
Investment
Bank
3.250
11/15/27
3,546
11,600,000
(f)
European
Investment
Bank
1.625
10/09/29
9,789
19,749,000
European
Investment
Bank
0.750
09/23/30
15,170
6,535,000
European
Investment
Bank
3.750
02/14/33
6,063
2,000,000
European
Investment
Bank
4.875
02/15/36
2,006
10,875,000
Export
Development
Canada
3.375
08/26/25
10,523
13,050,000
Export
Development
Canada
3.875
02/14/28
12,573
25,000,000
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
1.540
08/17/35
16,578
4,868,000
Inter-American
Development
Bank
1.125
07/20/28
4,114
5,000,000
Inter-American
Development
Bank
1.125
01/13/31
3,893
15,800,000
Inter-American
Development
Bank
3.500
04/12/33
14,291
10,625,000
Inter-American
Investment
Corp
2.625
04/22/25
10,171
17,500,000
Inter-American
Investment
Corp
4.125
02/15/28
16,925
3,215,000
(a)
International
Bank
for
Reconstruction
&
Development
SOFR
+
0.390%
5.734
06/17/24
3,220
12,850,000
International
Bank
for
Reconstruction
&
Development
0.625
04/22/25
11,942
14,750,000
International
Bank
for
Reconstruction
&
Development
3.125
11/20/25
14,153
28,030,000
International
Bank
for
Reconstruction
&
Development
0.000
03/31/27
24,942
5,250,000
International
Bank
for
Reconstruction
&
Development
0.000
03/31/28
5,047
14,750,000
International
Finance
Corp
4.750
03/16/26
14,649
2,710,000
International
Finance
Facility
for
Immunisation
Co
0.375
11/06/23
2,697
10,643,000
International
Finance
Facility
for
Immunisation
Co
1.000
04/21/26
9,591
3,050,000
Japan
Bank
for
International
Cooperation
1.625
01/20/27
2,724
8,750,000
Japan
International
Cooperation
Agency
1.750
04/28/31
6,865
12,500,000
(e)
Kommunalbanken
AS.
2.125
02/11/25
11,941
10,100,000
(e)
Korea
Electric
Power
Corp
1.125
06/15/25
9,359
9,200,000
(a)
Kreditanstalt
fuer
Wiederaufbau
SOFR
+
1.000%
6.341
02/12/24
9,230
299
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
11,250,000
Kreditanstalt
fuer
Wiederaufbau
0.250
%
03/08/24
$
10,998
12,362,000
Kreditanstalt
fuer
Wiederaufbau
1.000
10/01/26
11,041
6,500,000
Kreditanstalt
fuer
Wiederaufbau
1.750
09/14/29
5,517
13,000,000
Landwirtschaftliche
Rentenbank
0.875
09/03/30
10,014
18,250,000
(e)
Nederlandse
Waterschapsbank
NV
1.750
01/15/25
17,382
19,000,000
(e)
Nederlandse
Waterschapsbank
NV
2.375
03/24/26
17,792
12,375,000
(e)
Nederlandse
Waterschapsbank
NV
4.000
06/01/28
11,952
4,430,000
(e)
Nederlandse
Waterschapsbank
NV
1.000
05/28/30
3,461
7,666,000
(e)
OMERS
Finance
Trust
3.500
04/19/32
6,677
3,125,000
(e)
OMERS
Finance
Trust
4.000
04/19/52
2,272
16,375,000
(e)
OPEC
Fund
for
International
Development
4.500
01/26/26
15,992
10,500,000
(e)
Perusahaan
Penerbit
SBSN
Indonesia
III
3.900
08/20/24
10,329
8,225,000
Peruvian
Government
International
Bond
3.000
01/15/34
6,334
12,175,000
Province
of
British
Columbia
Canada
4.200
07/06/33
11,401
10,000,000
Province
of
Quebec
Canada
2.750
04/12/27
9,282
5,000,000
Province
of
Quebec
Canada
7.500
09/15/29
5,655
15,250,000
Province
of
Quebec
Canada
1.900
04/21/31
12,372
10,625,000
Province
of
Quebec
Canada
4.500
09/08/33
10,195
10,000,000
Republic
of
Italy
Government
International
Bond
2.875
10/17/29
8,554
7,750,000
Republic
of
Italy
Government
International
Bond
4.000
10/17/49
5,304
TOTAL
FOREIGN
GOVERNMENT
BONDS
716,560
MORTGAGE
BACKED
-
8.7%
58,607,451
(a),(e)
Citigroup
Mortgage
Loan
Trust
0.156
02/25/52
445
6,570,282
(a),(e)
Citigroup
Mortgage
Loan
Trust
0.250
02/25/52
79
2,101,000
(a),(e)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.100%
8.415
06/25/43
2,158
3,400,000
(a),(e)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.900%
9.188
07/25/43
3,442
5,364,926
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
2.310
12/01/31
4,393
6,875,000
FHLMC
3.740
06/01/37
5,851
2,284,617
FHLMC
3.400
12/01/37
1,873
5,646,500
FHLMC
4.300
12/01/37
5,019
1,858,900
FHLMC
3.500
03/01/38
1,539
3,420,603
FHLMC
4.550
07/01/38
3,133
881,559
(a)
FHLMC
30
D
AVG
SOFR
+
5.806%
0.492
03/15/44
64
5,918,558
FHLMC
3.500
01/15/47
4,883
6,248,865
FHLMC
4.000
01/15/48
5,639
3,263,527
FHLMC
4.000
03/15/48
2,884
3,006,542
(a)
FHLMC
30
D
AVG
SOFR
+
9.737%
1.236
06/15/48
2,563
2,049,192
(a)
FHLMC
30
D
AVG
SOFR
+
9.657%
1.156
10/15/48
1,695
4,755,913
FHLMC
3.000
11/01/49
3,996
2,669,477
FHLMC
2.000
09/25/50
348
6,161,556
FHLMC
3.000
09/25/50
3,840
4,702,180
FHLMC
3.000
10/25/50
2,961
16,770,543
FHLMC
2.500
02/25/51
2,884
5,858,101
FHLMC
2.500
05/25/51
3,236
11,438,634
FHLMC
3.000
11/01/51
9,624
1,357,742
FHLMC
3.000
11/01/51
1,138
1,606,909
FHLMC
3.000
11/01/51
1,352
1,169,841
FHLMC
3.000
11/01/51
991
12,333,349
FHLMC
2.500
02/01/52
9,891
12,051,541
FHLMC
2.500
03/01/52
9,663
15,931,022
FHLMC
4.000
04/01/52
14,199
13,414,154
FHLMC
3.500
05/01/52
11,548
466,637
FHLMC
3.500
06/01/52
403
9,464,167
FHLMC
4.500
06/01/52
8,694
9,006,736
FHLMC
4.500
07/01/52
8,274
1,587,252
FHLMC
4.000
08/25/52
1,183
2,693,295
FHLMC
4.500
10/25/52
2,224
10,595,972
FHLMC
6.000
11/01/52
10,473
3,270,439
FHLMC
5.500
11/25/52
3,064
3,221,421
FHLMC
3.500
12/01/52
2,772
15,928,756
FHLMC
5.000
01/01/53
15,039
CREF
Social
Choice
Account
September
30,
2023
300
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
2,601,970
FHLMC
5.500
%
02/25/53
$
2,381
19,715,901
FHLMC
5.500
08/01/53
19,061
3,419
Federal
Home
Loan
Mortgage
Corp
Gold
(FGLMC)
8.000
01/01/31
3
92,184
FGLMC
4.500
07/01/33
87
653,265
FGLMC
7.000
12/01/33
672
174,308
FGLMC
7.000
05/01/35
177
442,200
FGLMC
5.000
06/01/36
434
131,829
FGLMC
5.000
07/01/39
129
86,520
FGLMC
4.000
06/01/42
79
169,793
FGLMC
4.500
10/01/44
159
266,589
FGLMC
4.500
11/01/44
250
418,457
FGLMC
4.500
11/01/44
393
254,337
FGLMC
4.500
12/01/44
239
310,110
FGLMC
4.500
12/01/44
292
1,062,311
FGLMC
3.500
04/01/45
938
4,023,821
FGLMC
3.500
10/01/45
3,542
491,141
FGLMC
4.500
06/01/47
462
1,024,267
FGLMC
4.000
09/01/47
932
757,654
FGLMC
3.500
12/01/47
668
3,128,950
FGLMC
4.500
08/01/48
2,935
596
Federal
National
Mortgage
Association
(FNMA)
8.000
07/01/24
1
11,171,103
(a)
FNMA
2.899
02/25/27
10,414
3,173,365
(a)
FNMA
3.412
06/25/28
2,949
18,880,000
FNMA
0.875
08/05/30
14,578
8,250,000
(a)
FNMA
1.517
11/25/30
6,417
15,500,000
(a)
FNMA
1.287
01/25/31
11,854
919,349
FNMA
3.500
05/01/32
864
1,078,733
FNMA
3.000
10/01/32
997
1,082,930
FNMA
5.000
05/01/35
1,061
725,057
FNMA
5.000
10/01/35
710
543,115
FNMA
5.000
02/01/36
532
1,075,800
FNMA
5.500
11/01/38
1,073
143,311
FNMA
3.000
05/01/40
123
432,497
FNMA
5.000
09/01/40
423
1,050,015
FNMA
5.000
05/01/41
1,020
706,341
FNMA
4.000
09/01/42
644
1,430,513
(a)
FNMA
30
D
AVG
SOFR
+
5.836%
0.521
09/25/43
115
1,179,531
FNMA
4.500
03/01/44
1,114
56,158,938
FNMA
4.000
05/01/44
51,108
316,672
FNMA
4.500
06/01/44
297
3,608,479
FNMA
4.500
06/01/44
3,383
774,258
FNMA
4.500
08/01/44
726
1,936,381
FNMA
4.500
10/01/44
1,815
3,480,508
FNMA
4.500
11/01/44
3,264
627,313
FNMA
5.000
11/01/44
614
901,446
FNMA
4.500
12/01/44
845
405,763
FNMA
4.000
01/01/45
370
166,725
FNMA
4.500
03/01/45
156
278,150
FNMA
4.500
04/01/45
261
2,046,888
FNMA
3.500
05/01/45
1,807
2,900,044
FNMA
3.500
01/01/46
2,549
564,566
FNMA
4.000
04/01/46
513
3,322,001
FNMA
3.500
06/01/46
2,925
2,163,765
FNMA
3.500
07/01/46
1,905
3,555,005
FNMA
3.500
07/01/46
3,151
981,994
FNMA
3.500
08/01/46
865
291,490
FNMA
3.000
10/01/46
242
2,669,440
FNMA
3.500
10/01/46
2,352
1,132,638
FNMA
4.500
05/01/47
1,070
1,421,552
FNMA
4.000
10/01/47
1,290
230,048
FNMA
3.500
11/01/47
203
278,819
FNMA
4.500
11/01/47
262
301
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
2,960,492
FNMA
3.500
%
01/01/48
$
2,598
1,984,188
FNMA
4.500
01/01/48
1,858
1,606,167
FNMA
4.500
02/01/48
1,504
4,083,706
FNMA
3.500
02/25/48
3,298
970,517
FNMA
4.500
05/01/48
908
1,288,962
FNMA
4.500
05/01/48
1,207
2,466,181
FNMA
5.000
08/01/48
2,367
11,763,362
FNMA
3.000
07/01/50
9,876
5,393,243
FNMA
2.000
08/25/50
739
6,291,771
FNMA
2.000
10/25/50
3,845
13,690,360
FNMA
2.500
11/25/50
1,930
4,717,676
FNMA
3.000
12/25/50
773
3,893,950
FNMA
3.000
02/25/51
590
26,746,420
FNMA
2.000
04/01/51
20,386
4,349,202
FNMA
3.000
09/01/51
3,646
5,032,613
FNMA
2.500
11/25/51
669
6,105,704
FNMA
2.000
01/01/52
4,729
13,362,229
FNMA
2.500
02/01/52
10,686
7,000,861
FNMA
2.500
02/01/52
5,605
4,666,098
FNMA
3.500
02/01/52
4,063
1,901,072
FNMA
2.500
04/01/52
1,524
26,368,894
FNMA
3.000
04/01/52
21,985
9,490,945
FNMA
3.000
04/01/52
7,886
1,335,864
FNMA
3.500
04/01/52
1,151
13,173,701
FNMA
3.500
05/01/52
11,342
37,569,932
FNMA
3.500
05/01/52
32,353
22,480,663
FNMA
4.000
05/01/52
20,033
2,446,788
FNMA
4.000
05/25/52
1,702
16,089,523
FNMA
3.500
06/01/52
13,888
18,753,555
FNMA
4.000
06/01/52
16,712
4,570,004
FNMA
4.500
06/01/52
4,198
42,028,787
FNMA
4.000
07/01/52
37,454
4,016,220
FNMA
4.000
07/01/52
3,577
4,038,301
FNMA
4.500
07/01/52
3,710
33,690,055
FNMA
4.500
07/01/52
30,946
6,544,507
FNMA
4.500
07/25/52
5,620
29,030,150
FNMA
5.000
08/01/52
27,416
2,402,662
FNMA
4.500
08/25/52
1,876
27,258,702
FNMA
3.500
09/01/52
23,457
52,522,902
FNMA
4.000
09/01/52
46,785
201,808,775
FNMA
4.500
09/01/52
185,370
8,514,814
FNMA
5.000
09/01/52
8,041
2,276,379
FNMA
4.000
09/25/52
1,850
1,827,369
FNMA
4.000
09/25/52
1,388
92,280,971
FNMA
4.000
10/01/52
82,209
14,117,598
FNMA
4.500
10/01/52
12,968
79,844,024
FNMA
5.000
10/01/52
75,386
1,746,720
FNMA
4.500
10/25/52
1,529
2,004,716
FNMA
4.500
10/25/52
1,780
48,193,316
FNMA
4.500
11/01/52
44,268
3,533,336
FNMA
5.500
11/25/52
3,243
32,059,985
FNMA
5.500
12/01/52
31,012
177,352
FNMA
5.000
01/01/53
167
29,165,660
FNMA
5.000
02/01/53
27,536
47,695,265
FNMA
5.500
06/01/53
46,110
11,510,600
Freddie
Mac
Multifamily
Variable
Rate
Certificate
2.875
07/25/36
9,442
1,496,922
Government
National
Mortgage
Association
(GNMA)
2.580
08/15/25
1,492
7,706,711
GNMA
2.690
06/15/33
7,016
6,445,128
GNMA
3.700
10/15/33
6,058
52,281
GNMA
5.000
04/15/38
51
106,892
GNMA
6.500
11/20/38
111
5,330,916
GNMA
5.000
01/20/40
1,140
CREF
Social
Choice
Account
September
30,
2023
302
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
6,894,243
GNMA
3.700
%
08/15/40
$
6,499
7,655,055
GNMA
2.500
12/20/43
6,586
11,197,279
GNMA
2.750
01/15/45
9,575
2,302,741
GNMA
3.000
03/20/45
1,959
1,582,331
GNMA
4.500
12/20/45
1,482
1,214,549
GNMA
4.000
06/20/46
160
4,152,575
GNMA
3.500
12/20/46
3,690
2,824,474
GNMA
3.500
01/20/47
2,512
3,140,363
(a)
GNMA
SOFR
1
M
+
5.986%
0.661
03/20/50
301
1,582,818
GNMA
3.500
10/20/50
1,397
5,368,978
GNMA
3.000
07/20/51
4,576
10,806,545
GNMA
3.000
11/20/51
7,026
21,662,579
GNMA
2.500
12/20/51
17,717
12,844,932
GNMA
3.000
12/20/51
8,396
8,861,267
GNMA
3.000
01/20/52
5,999
4,321,978
GNMA
2.500
02/20/52
3,404
10,526,250
GNMA
3.000
02/20/52
6,551
7,307,926
GNMA
4.000
04/20/52
5,720
17,757,015
GNMA
2.500
05/20/52
14,517
69,878,922
GNMA
3.000
05/20/52
59,243
20,303,496
GNMA
3.500
07/20/52
17,788
2,451,598
GNMA
4.000
07/20/52
1,806
7,288,617
GNMA
4.000
08/20/52
6,568
46,004,629
GNMA
4.000
09/20/52
41,454
4,350,484
GNMA
4.500
09/20/52
3,652
3,550,966
GNMA
4.500
09/20/52
3,069
3,211,035
GNMA
4.500
09/20/52
2,605
2,986,158
GNMA
4.500
09/20/52
2,567
9,470,136
GNMA
5.000
11/20/52
8,990
24,208,658
GNMA
3.500
12/20/52
21,209
32,131,840
GNMA
4.500
12/20/52
29,710
3,787,959
GNMA
4.500
02/20/53
3,156
3,298,927
GNMA
5.500
02/20/53
2,963
7,038,782
(a)
GNMA
30
D
AVG
SOFR
+
23.205%
2.479
08/20/53
6,630
6,223,470
GNMA
3.000
08/20/53
5,276
4,936,634
(a)
GNMA
30
D
AVG
SOFR
+
25.350%
4.624
08/20/53
4,983
1,218,362
(a),(e)
GS
Mortgage-Backed
Securities
Corp
Trust
2.500
08/25/51
897
9,618,564
(a)
HUD
Office
of
the
Secretary
(GNMA)
30
D
AVG
SOFR
+
6.950%
1.636
05/20/53
576
18,382,759
(a),(e)
JP
Morgan
Mortgage
Trust
0.128
06/25/51
97
32,243,804
(a),(e)
JP
Morgan
Mortgage
Trust
0.112
11/25/51
169
31,990,804
(a),(e)
JP
Morgan
Mortgage
Trust
0.121
12/25/51
175
37,595,370
(e)
JP
Morgan
Mortgage
Trust
0.224
07/25/52
367
365,000
(a),(e)
Structured
Agency
Credit
Risk
Debt
Note
(STACR)
30
D
AVG
SOFR
+
1.500%
6.815
10/25/41
360
1,200,000
(a),(e)
STACR
30
D
AVG
SOFR
+
2.500%
7.815
01/25/42
1,176
6,750,000
(a),(e)
STACR
30
D
AVG
SOFR
+
2.400%
7.715
02/25/42
6,797
2,785,000
(a),(e)
STACR
30
D
AVG
SOFR
+
4.750%
10.065
02/25/42
2,827
8,125,000
(a),(e)
STACR
30
D
AVG
SOFR
+
2.900%
8.215
04/25/42
8,317
3,000,000
(a),(e)
STACR
30
D
AVG
SOFR
+
5.650%
8.647
04/25/42
3,185
17,165,000
(a),(e)
STACR
30
D
AVG
SOFR
+
3.350%
8.665
05/25/42
17,829
14,900,000
(a),(e)
STACR
30
D
AVG
SOFR
+
4.500%
9.815
06/25/42
16,026
8,336,000
(a),(e)
STACR
30
D
AVG
SOFR
+
4.000%
9.315
07/25/42
8,683
8,650,000
(a),(e)
STACR
30
D
AVG
SOFR
+
3.550%
8.865
08/25/42
8,961
6,670,000
(a),(e)
STACR
30
D
AVG
SOFR
+
3.700%
9.015
09/25/42
7,003
58,931
(a),(e)
STACR
3.784
02/25/48
55
74,055
(a),(e)
STACR
3.837
05/25/48
70
TOTAL
MORTGAGE
BACKED
1,700,517
MUNICIPAL
BONDS
-
2.4%
1,170,000
Brunswick
&
Glynn
County
Development
Authority
3.060
04/01/25
1,131
1,990,000
California
Health
Facilities
Financing
Authority
2.984
06/01/33
1,627
915,000
California
Health
Facilities
Financing
Authority
4.353
06/01/41
770
145,000
(e)
California
Municipal
Finance
Authority
4.250
11/01/23
145
303
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
455,000
California
Municipal
Finance
Authority
2.138
%
08/15/27
$
401
350,000
California
Municipal
Finance
Authority
2.288
08/15/28
301
500,000
California
Municipal
Finance
Authority
3.694
08/15/56
305
16,250,000
Chicago
Housing
Authority
4.361
01/01/38
13,889
3,035,000
City
&
County
of
Honolulu
HI
2.668
10/01/27
2,786
5,645,000
City
&
County
of
Honolulu
HI
3.974
09/01/35
4,953
1,615,000
City
&
County
of
Honolulu
HI
4.004
09/01/36
1,402
7,085,000
City
&
County
of
San
Francisco
CA
4.000
04/01/47
5,398
5,500,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
4.000
09/01/48
4,104
7,790,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
3.482
09/01/50
5,139
1,240,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
No
2014
6.332
09/01/51
1,227
350,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
No
2014-1
3.091
09/01/36
272
5,103,000
City
of
Chicago
IL
7.750
01/01/42
5,223
1,250,000
City
of
Florence
SC
4.250
12/01/34
1,124
1,000,000
City
of
Houston
TX
Combined
Utility
System
Revenue
3.375
11/15/24
976
1,275,000
City
of
Houston
TX
Combined
Utility
System
Revenue
4.172
11/15/38
1,093
7,500,000
City
of
Los
Angeles
CA
3.880
09/01/38
6,269
7,190,000
City
of
Los
Angeles
CA
5.000
09/01/42
6,461
1,530,000
City
of
Los
Angeles
Department
of
Airports
Customer
Facility
Charge
Revenue
3.158
05/15/29
1,375
5,850,000
City
of
Los
Angeles
Department
of
Airports
Customer
Facility
Charge
Revenue
4.242
05/15/48
4,712
1,780,000
(e)
City
of
Miami
FL
4.808
01/01/39
1,511
3,665,000
City
of
Norfolk
VA
3.050
10/01/36
2,835
4,835,000
City
of
Oakland
CA
2.070
01/15/29
4,125
3,025,000
City
of
Port
Lions
AK
7.500
10/01/52
3,029
3,345,000
City
of
San
Francisco
CA
Public
Utilities
Commission
Water
Revenue
3.000
11/01/26
3,134
3,725,000
City
of
San
Francisco
CA
Public
Utilities
Commission
Water
Revenue
3.950
11/01/36
3,136
18,500,000
City
of
San
Francisco
CA
Public
Utilities
Commission
Water
Revenue
4.185
11/01/46
14,388
1,000,000
City
of
San
Juan
Capistrano
CA
3.700
08/01/31
901
5,255,000
City
of
Seattle
WA
Local
Improvement
District
No
6751
2.999
11/01/43
4,144
5,235,000
City
of
Seattle
WA
Local
Improvement
District
No
6751
3.079
11/01/43
4,071
7,650,000
County
of
Alameda
CA
3.820
08/01/38
6,385
4,000,000
(e)
County
of
Fond
Du
Lac
WI
5.569
11/01/51
3,507
3,500,000
(e)
County
of
Gallatin
MT
11.500
09/01/27
3,661
10,515,000
County
of
Miami-Dade
FL
Water
&
Sewer
System
Revenue
3.490
10/01/42
8,120
3,500,000
District
of
Columbia
3.432
04/01/42
2,569
10,000,000
District
of
Columbia
Water
&
Sewer
Authority
4.814
10/01/14
8,547
6,500,000
(e)
Florida
Development
Finance
Corp
7.250
07/01/57
6,760
3,125,000
Florida
Development
Finance
Corp
7.500
07/01/57
3,068
6,000,000
(e)
Florida
Development
Finance
Corp
8.000
07/01/57
5,940
22,445,000
Grant
County
Public
Utility
District
No
2
2.918
01/01/40
16,270
9,255,000
Grant
County
Public
Utility
District
No
2
3.210
01/01/40
6,911
3,230,000
Great
Lakes
Water
Authority
Sewage
Disposal
System
Revenue
3.056
07/01/39
2,407
16,915,000
Great
Lakes
Water
Authority
Water
Supply
System
Revenue
3.473
07/01/41
12,918
1,100,000
Guadalupe
Valley
Electric
Coop,
Inc
5.671
10/01/32
1,085
640,000
Henry
County
Water
Authority
3.000
01/01/43
428
850,000
Henry
County
Water
Authority
3.200
01/01/49
535
1,000,000
Honolulu
City
&
County
Board
of
Water
Supply
2.327
07/01/32
786
2,000,000
Kern
County
Water
Agency
Improvement
District
No
4
4.276
05/01/36
1,824
6,430,000
Lavaca-Navidad
River
Authority
4.430
08/01/35
5,961
8,655,000
Los
Angeles
Community
College
District
2.106
08/01/32
6,785
1,025,000
Maine
State
Housing
Authority
2.331
11/15/30
822
CREF
Social
Choice
Account
September
30,
2023
304
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
2,495,000
Maryland
Community
Development
Administration
Housing
Revenue
3.797
%
03/01/39
$
2,153
3,000,000
Massachusetts
Clean
Energy
Cooperative
Corp
2.020
07/01/28
2,610
3,000,000
Massachusetts
Clean
Energy
Cooperative
Corp
2.485
07/01/32
2,394
3,455,000
Massachusetts
Housing
Finance
Agency
5.562
12/01/52
3,376
3,775,000
Massachusetts
St.
Water
Pollution
Abatement
5.192
08/01/40
3,684
6,620,000
Metropolitan
Transportation
Authority
5.175
11/15/49
5,712
11,645,000
Metropolitan
Water
Reclamation
District
of
Greater
Chicago
5.720
12/01/38
11,791
2,000,000
Michigan
Finance
Authority
5.000
07/01/31
2,011
8,295,000
(e)
New
Hampshire
Business
Finance
Authority
5.490
07/01/33
8,295
7,400,000
New
Jersey
Economic
Development
Authority
5.706
06/15/30
7,482
3,000,000
New
Jersey
Economic
Development
Authority
5.756
06/15/31
3,034
720,000
New
Jersey
Economic
Development
Authority
5.298
03/01/32
701
3,375,000
New
Mexico
Finance
Authority
4.090
06/15/38
2,880
4,065,000
New
York
City
Housing
Development
Corp
3.119
08/01/38
2,907
2,500,000
New
York
City
Housing
Development
Corp
3.720
11/01/39
1,987
1,225,000
New
York
State
Environmental
Facilities
Corp
3.195
06/15/25
1,184
2,120,000
New
York
State
Environmental
Facilities
Corp
3.520
07/15/27
2,012
17,500,000
New
York
Transportation
Development
Corp
5.000
01/01/26
17,618
13,250,000
(c),(e)
Oregon
State
Business
Development
Commission
6.500
04/01/31
66
3,470,000
(c),(e)
Oregon
State
Business
Development
Commission
9.000
04/01/37
17
2,500,000
Palm
Beach
County
Solid
Waste
Authority
2.636
10/01/24
2,429
4,500,000
Pend
Oreille
County
Public
Utility
District
No
Box
Canyon
5.000
01/01/30
4,370
6,925,000
(b),(e)
Pennsylvania
Economic
Development
Financing
Authority
10.000
12/01/29
1
1,170,000
Pharr
Economic
Development
Corp
3.513
08/15/30
1,042
1,140,000
Pharr
Economic
Development
Corp
3.893
08/15/33
994
405,000
(b)
Public
Finance
Authority
15.000
03/31/24
0^
1,735,000
(e)
Public
Finance
Authority
7.500
06/01/29
1,674
300,000
Redevelopment
Authority
of
the
City
of
Philadelphia
4.782
09/01/26
295
1,250,000
Redevelopment
Authority
of
the
City
of
Philadelphia
1.927
09/01/27
1,097
1,710,000
Redevelopment
Authority
of
the
City
of
Philadelphia
3.172
09/01/41
1,190
1,000,000
Redevelopment
Authority
of
the
City
of
Philadelphia
5.590
09/01/41
949
1,005,000
Sales
Tax
Securitization
Corp
5.293
01/01/41
937
2,000,000
San
Francisco
City
&
County
Redevelopment
Agency
4.375
08/01/44
1,607
3,870,000
Semitropic
Improvement
District
of
the
Semitropic
Water
Storage
District
3.293
12/01/35
2,996
1,590,000
South
Dakota
Housing
Development
Authority
5.460
05/01/53
1,556
36,330,000
State
of
California
3.750
10/01/37
33,623
7,155,000
State
of
California
4.600
04/01/38
6,429
10,050,000
State
of
California
4.988
04/01/39
9,236
9,000,000
State
of
Illinois
5.520
04/01/38
8,407
4,405,000
State
of
Michigan
3.590
12/01/26
4,201
2,500,000
State
of
Ohio
5.412
09/01/28
2,542
5,250,000
State
of
Oregon
4.112
05/01/27
5,090
3,150,000
State
of
Oregon
4.250
05/01/29
3,026
3,000
State
of
Wisconsin
5.700
05/01/26
3
1,650,000
(e)
Syracuse
Industrial
Development
Agency
5.000
01/01/36
1,202
2,280,000
Tampa
Bay
Water
2.612
10/01/25
2,165
3,225,000
Tampa
Bay
Water
2.782
10/01/26
3,018
3,000,000
Tampa
Bay
Water
2.952
10/01/27
2,778
1,255,000
Texas
Water
Development
Board
4.248
10/15/35
1,146
5,880,000
Texas
Water
Development
Board
4.340
10/15/48
4,766
4,170,000
Texas
Water
Development
Board
4.648
04/15/50
3,597
5,000,000
Tuolumne
Wind
Project
Authority
6.918
01/01/34
5,377
3,035,000
University
of
California
3.809
05/15/28
2,864
11,400,000
University
of
California
4.009
05/15/30
10,579
1,000,000
University
of
Cincinnati
3.250
06/01/29
940
1,560,000
University
of
Cincinnati
3.650
06/01/34
1,440
1,615,000
University
of
Cincinnati
3.700
06/01/35
1,479
18,000,000
University
of
New
Mexico
3.532
06/20/32
16,434
305
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
500,000
Upper
Allegheny
Joint
Sanitary
Authority
3.550
%
09/01/39
$
386
1,500,000
Upper
Allegheny
Joint
Sanitary
Authority
3.800
09/01/49
1,074
5,000,000
Vermont
Educational
&
Health
Buildings
Financing
Agency
4.000
12/01/42
4,116
3,000,000
Vermont
Educational
&
Health
Buildings
Financing
Agency
4.000
12/01/46
2,392
750,000
Village
of
Bellwood
IL
5.375
12/01/32
677
4,500,000
Village
of
Bellwood
IL
6.000
12/01/50
3,525
1,000,000
Washington
County
Clean
Water
Services
5.078
10/01/24
996
TOTAL
MUNICIPAL
BONDS
464,205
U.S.
TREASURY
SECURITIES
-
8.4%
9,000,000
Federal
National
Mortgage
Association
(FNMA)
1.625
08/24/35
6,031
35,830,000
United
States
Treasury
Bond
2.875
11/15/46
25,733
2,500,000
United
States
Treasury
Bond
3.000
02/15/49
1,827
16,211,745
(h)
United
States
Treasury
Inflation
Indexed
Bonds
0.625
01/15/24
16,056
6,100,000
United
States
Treasury
Note
2.625
12/31/23
6,058
1,525,000
United
States
Treasury
Note
2.250
10/31/24
1,474
138,979,000
United
States
Treasury
Note
5.000
08/31/25
138,697
1,500,000
United
States
Treasury
Note
0.375
12/31/25
1,356
105,315,000
United
States
Treasury
Note
4.625
09/15/26
104,797
15,031,000
United
States
Treasury
Note
0.500
10/31/27
12,715
35,275,000
United
States
Treasury
Note
0.625
11/30/27
29,913
28,250,000
United
States
Treasury
Note
1.125
08/31/28
23,924
213,613,000
United
States
Treasury
Note
4.375
08/31/28
211,493
231,754,000
United
States
Treasury
Note
4.125
08/31/30
224,946
290,811,000
United
States
Treasury
Note
3.875
08/15/33
274,771
14,508,000
United
States
Treasury
Note
1.875
02/15/41
9,359
4,700,000
United
States
Treasury
Note
2.250
05/15/41
3,225
232,705,800
(i)
United
States
Treasury
Note
2.375
02/15/42
160,849
29,796,000
United
States
Treasury
Note
3.250
05/15/42
23,744
2,070,000
United
States
Treasury
Note
4.000
11/15/42
1,837
142,989,000
United
States
Treasury
Note
4.375
08/15/43
133,404
65,008,000
United
States
Treasury
Note
2.250
02/15/52
39,894
250,616,000
United
States
Treasury
Note
3.625
05/15/53
207,502
TOTAL
U.S.
TREASURY
SECURITIES
1,659,605
TOTAL
GOVERNMENT
BONDS
4,677,176
(Cost
$5,123,675)
STRUCTURED
ASSETS
-
4.5%
ASSET
BACKED
-
1.4%
2,278,872
(e)
Air
Canada
2017-, Cl A
Pass
Through
Trust
3.550
01/15/30
1,938
900,000
(e)
AMSR
Trust
3.148
01/19/39
815
Series
-
2019
SFR1
(Class
C)
800,000
(e)
AMSR
Trust
3.247
01/19/39
722
Series
-
2019
SFR1
(Class
D)
2,000,000
(a),(e)
BFLD
Trust
SOFR
1
M
+
2.214%
7.547
10/15/35
1,109
Series
-
2020
EYP
(Class
C)
171,277
(a)
C-BASS
Trust
SOFR
1
M
+
0.274%
3.190
07/25/36
162
Series
-
2006
CB6
(Class
A1)
19,886,000
Delta
Air
Lines
Pass
Through
Trust
3.204
04/25/24
19,559
Series
-
2019
1
(Class
AA)
4,103,091
Delta
Air
Lines
Pass
Through
Trust
2.000
06/10/28
3,582
Series
-
2020
1
(Class
AA)
16,617,264
Delta
Air
Lines
Pass
Through
Trust
2.500
06/10/28
14,578
Series
-
2020
1
(Class
A)
74,206
(a),(e)
Ellington
Loan
Acquisition
Trust
SOFR
1
M
+
1.214%
6.534
05/25/37
73
Series
-
2007
2
(Class
A2C)
5,750,000
(e)
Frontier
Issuer
LLC
8.300
08/20/53
5,447
Series
-
2023
1
(Class
B)
CREF
Social
Choice
Account
September
30,
2023
306
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
3,208,977
(e)
GoodLeap
Sustainable
Home
Solutions
Trust
2.100
%
05/20/48
$
2,389
Series
-
2021
3CS
(Class
A)
3,451,187
(e)
GoodLeap
Sustainable
Home
Solutions
Trust
1.930
07/20/48
2,532
Series
-
2021
4GS
(Class
A)
12,636,552
(e)
GoodLeap
Sustainable
Home
Solutions
Trust
2.310
10/20/48
9,503
Series
-
2021
5CS
(Class
A)
4,417,942
(e)
GoodLeap
Sustainable
Home
Solutions
Trust
2.700
01/20/49
3,441
Series
-
2022
1GS
(Class
A)
3,153,851
(e)
GoodLeap
Sustainable
Home
Solutions
Trust
2.940
01/20/49
2,330
Series
-
2022
1GS
(Class
B)
14,250,794
(e)
GoodLeap
Sustainable
Home
Solutions
Trust
4.950
07/20/49
12,714
Series
-
2022
3CS
(Class
A)
8,297,000
(e)
Grace
Trust
2.347
12/10/40
6,344
Series
-
2020
GRCE
(Class
A)
2,463,212
(e)
Helios
Issuer,
LLC
5.600
08/22/50
2,282
Series
-
2023
B
(Class
B)
2,116,356
(e)
HERO
Funding
Trust
3.840
09/21/40
1,881
Series
-
2015
1A
(Class
A)
566,014
(e)
HERO
Funding
Trust
3.990
09/21/40
519
Series
-
2014
2A
(Class
A)
1,054,257
(e)
HERO
Funding
Trust
3.750
09/20/41
924
Series
-
2016
2A
(Class
A)
967,892
(e)
HERO
Funding
Trust
4.050
09/20/41
867
Series
-
2016
1A
(Class
A)
370,221
(e)
HERO
Funding
Trust
3.080
09/20/42
319
Series
-
2016
3A
(Class
A1)
2,892,483
(e)
HERO
Funding
Trust
3.710
09/20/47
2,483
Series
-
2017
1A
(Class
A1)
2,827,748
(e)
HERO
Funding
Trust
3.190
09/20/48
2,367
Series
-
2017
3A
(Class
A1)
666,473
(e)
HERO
Funding
Trust
3.280
09/20/48
561
Series
-
2017
2A
(Class
A1)
3,072,890
(e)
HERO
Funding
Trust
4.670
09/20/48
2,784
Series
-
2018
1A
(Class
A2)
2,403,996
(e)
HERO
Funding
Trust
2.240
09/20/51
1,953
Series
-
2021
1A
(Class
A)
7,375,000
(e)
Hertz
Vehicle
Financing
III
LLC
5.570
09/25/29
7,180
Series
-
2023
2A
(Class
A)
12,615
(a)
Home
Equity
Asset
Trust
SOFR
1
M
+
1.614%
3.986
06/25/33
12
Series
-
2003
1
(Class
M1)
599,972
(a),(e)
Invitation
Homes
Trust
SOFR
1
M
+
1.364%
6.697
01/17/38
598
Series
-
2018
SFR4
(Class
B)
3,198,534
(e)
Loanpal
Solar
Loan
Ltd
2.290
01/20/48
2,402
Series
-
2021
1GS
(Class
A)
5,455,813
(e)
Loanpal
Solar
Loan
Ltd
2.220
03/20/48
3,931
Series
-
2021
2GS
(Class
A)
1,995,521
(b),(e)
Mosaic
Solar
Loan
Trust
0.000
04/20/46
1,409
Series
-
2020
1A
(Class
R)
1,279,244
(e)
Mosaic
Solar
Loan
Trust
2.100
04/20/46
1,078
Series
-
2020
1A
(Class
A)
1,770,383
(e)
Mosaic
Solar
Loan
Trust
3.100
04/20/46
1,509
Series
-
2020
1A
(Class
B)
2,069,406
(e)
Mosaic
Solar
Loan
Trust
2.050
12/20/46
1,563
Series
-
2021
1A
(Class
B)
3,056,092
(e)
Mosaic
Solar
Loan
Trust
1.440
06/20/52
2,355
Series
-
2021
3A
(Class
A)
2,800,005
(e)
Mosaic
Solar
Loans
LLC
3.820
06/22/43
2,505
Series
-
2017
2A
(Class
A)
3,251,266
(e)
Mosaic
Solar
Loans
LLC
1.640
04/22/47
2,553
Series
-
2021
2A
(Class
A)
1,250,000
(a),(e)
PNMSR
2018-GT1
A
Mtge
LIBOR
1
M
+
2.650%
8.084
08/25/25
1,251
Series
-
2018
GT2
(Class
A)
307
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
750,000
(e)
Progress
Residential
Trust
2.711
%
11/17/40
$
611
Series
-
2021
SFR9
(Class
D)
1,950,033
(e)
Renew
3.670
09/20/52
1,726
Series
-
2017
1A
(Class
A)
4,069,808
(e)
Renew
3.950
09/20/53
3,616
Series
-
2018
1
(Class
A)
3,778,967
(e)
Renew
2.060
11/20/56
2,862
Series
-
2021
1
(Class
A)
5,265,996
SCE
Recovery
Funding
LLC
0.861
11/15/31
4,373
Series
-
2021
A-1
(Class
A)
9,578
(a)
Structured
Asset
Investment
Loan
Trust
SOFR
1
M
+
1.014%
6.334
09/25/34
9
Series
-
2004
8
(Class
M1)
6,449,820
(e)
Sunnova
Helios
VII
Issuer
LLC
2.030
10/20/48
5,327
Series
-
2021
C
(Class
A)
3,639,628
(e)
Sunnova
Helios
VIII
Issuer
LLC
2.790
02/22/49
3,100
Series
-
2022
A
(Class
A)
2,661,507
(e)
Sunrun
Athena
Issuer
LLC
5.310
04/30/49
2,430
Series
-
2018
1
(Class
A)
8,684,091
(e)
Sunrun
Atlas
Issuer
LLC
3.610
02/01/55
7,543
Series
-
2019
2
(Class
A)
5,533,273
(e)
Sunrun
Callisto
Issuer
LLC
2.270
01/30/57
4,372
Series
-
2021
2A
(Class
A)
5,100,000
(e)
Sunrun
Julius
Issuer
LLC
6.600
01/30/59
5,046
Series
-
2023
2A
(Class
A1)
6,763,504
(e)
Sunrun
Jupiter
Issuer
LLC
4.750
07/30/57
5,879
Series
-
2022
1A
(Class
A)
5,689,409
(e)
Tesla
Auto
Lease
Trust
0.660
03/20/25
5,664
Series
-
2021
A
(Class
A4)
1,400,000
(e)
Tesla
Auto
Lease
Trust
1.020
03/20/25
1,390
Series
-
2021
A
(Class
B)
6,250,000
(e)
Tesla
Auto
Lease
Trust
1.180
03/20/25
6,176
Series
-
2021
A
(Class
C)
13,325,000
(e)
Tesla
Auto
Lease
Trust
5.860
08/20/25
13,305
Series
-
2023
A
(Class
A2)
4,500,000
(e)
Tesla
Auto
Lease
Trust
0.600
09/22/25
4,388
Series
-
2021
B
(Class
A3)
5,000,000
(e)
Tesla
Auto
Lease
Trust
0.630
09/22/25
4,832
Series
-
2021
B
(Class
A4)
4,625,000
(e)
Tesla
Auto
Lease
Trust
5.890
06/22/26
4,608
Series
-
2023
A
(Class
A3)
9,422,000
(e)
Tesla
Auto
Lease
Trust
6.130
09/21/26
9,418
Series
-
2023
B
(Class
A3)
2,385,000
(e)
Tesla
Auto
Lease
Trust
6.250
03/22/27
2,387
Series
-
2023
B
(Class
A4)
5,380,000
(e)
Tesla
Auto
Lease
Trust
6.840
08/20/27
5,382
Series
-
2023
B
(Class
B)
5,146,401
Toyota
Auto
Receivables
Owner
Trust
0.260
11/17/25
5,002
Series
-
2021
B
(Class
A3)
9,900,000
Toyota
Auto
Receivables
Owner
Trust
0.530
10/15/26
9,185
Series
-
2021
B
(Class
A4)
475,000
(e)
Tricon
American
Homes
Trust
2.049
07/17/38
424
Series
-
2020
SFR1
(Class
B)
13,452,474
(e)
Vivint
Colar
Financing
V
LLC
4.730
04/30/48
12,049
Series
-
2018
1A
(Class
A)
4,570,160
(e)
Vivint
Solar
Financing
VII
LLC
2.210
07/31/51
3,578
Series
-
2020
1A
(Class
A)
TOTAL
ASSET
BACKED
267,206
OTHER
MORTGAGE
BACKED
-
3.1%
78,162
(a),(e)
Agate
Bay
Mortgage
Trust
3.500
09/25/45
68
Series
-
2015
6
(Class
A9)
CREF
Social
Choice
Account
September
30,
2023
308
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
4,075,000
(a),(e)
Alen
Mortgage
Trust
SOFR
1
M
+
2.364%
7.697
%
04/15/34
$
3,007
Series
-
2021
ACEN
(Class
C)
2,115,000
(a),(e)
Angel
Oak
Mortgage
Trust
2.837
11/25/66
1,324
Series
-
2021
8
(Class
A3)
5,000,000
(e)
BANK
2.500
10/17/52
2,495
Series
-
2019
BN21
(Class
D)
6,500,000
(a)
BANK
3.517
10/17/52
4,206
Series
-
2019
BN21
(Class
C)
8,000,000
(a)
BANK
3.576
11/15/62
5,636
Series
-
2019
BN22
(Class
C)
4,940,000
(a),(e)
BBCMS
Mortgage
Trust
4.409
08/05/38
3,224
Series
-
2018
CHRS
(Class
E)
2,750,000
(e)
BBCMS
Trust
4.798
08/10/35
2,260
Series
-
2015
SRCH
(Class
C)
8,870,000
(a),(e)
Benchmark
Mortgage
Trust
4.029
03/15/62
6,071
Series
-
2019
B10
(Class
3CCA)
5,200,000
(e)
BMO
360A
3.776
02/17/55
4,047
Series
-
2022
C1
(Class
360A)
5,238,932
(a),(e)
BX
Commercial
Mortgage
Trust
SOFR
1
M
+
1.312%
6.644
10/15/38
5,096
Series
-
2021
XL2
(Class
C)
6,000,000
(a),(e)
BX
Commercial
Mortgage
Trust
SOFR
1
M
+
1.840%
7.172
01/17/39
5,899
Series
-
2022
AHP
(Class
B)
6,000,000
(a),(e)
BX
TRUST
SOFR
1
M
+
1.490%
6.822
01/17/39
5,897
Series
-
2022
AHP
(Class
AS)
2,901,500
(a),(e)
CCRC
Affordable
Multifamily
Housing
Mortgage
Trust
5.670
06/25/34
2,517
Series
-
2017
Q005
(Class
B)
2,000,000
(a)
CD
Mortgage
Trust
3.879
11/10/49
1,608
Series
-
2016
CD2
(Class
B)
1,000,000
(a),(e)
Century
Plaza
Towers
3.097
11/13/39
742
Series
-
2019
CPT
(Class
B)
2,000,000
(a)
Citigroup
Commercial
Mortgage
Trust
4.276
04/10/48
1,821
Series
-
2015
GC29
(Class
C)
1,615,000
Citigroup
Commercial
Mortgage
Trust
3.018
08/10/56
1,328
Series
-
2019
GC41
(Class
AS)
3,000,000
(a),(e)
CityLine
Commercial
Mortgage
Trust
2.871
11/10/31
2,774
Series
-
2016
CLNE
(Class
A)
3,740,000
(a),(e)
COMM
Mortgage
Trust
3.527
10/10/29
3,338
Series
-
2017
PANW
(Class
B)
3,000,000
(a),(e)
COMM
Mortgage
Trust
3.712
10/10/29
2,635
Series
-
2017
PANW
(Class
C)
5,120,000
(e)
COMM
Mortgage
Trust
4.353
08/10/30
4,681
Series
-
2013
300P
(Class
A1)
4,375,000
(e)
COMM
Mortgage
Trust
3.376
01/10/39
3,470
Series
-
2022
HC
(Class
C)
3,500,000
(a),(e)
COMM
Mortgage
Trust
4.203
03/10/48
2,760
Series
-
2015
CR22
(Class
D)
1,000,000
(a)
COMM
Mortgage
Trust
4.443
05/10/48
794
Series
-
2015
CR23
(Class
D)
1,100,000
(a)
COMM
Mortgage
Trust
4.443
05/10/48
963
Series
-
2015
CR23
(Class
C)
2,500,000
(a)
COMM
Mortgage
Trust
3.463
08/10/48
1,992
Series
-
2015
CR24
(Class
D)
1,000,000
COMM
Mortgage
Trust
3.263
08/15/57
822
Series
-
2019
GC44
(Class
AM)
6,000,000
(a),(e)
Commercial
Mortgage
Pass
Through
Certificates
4.084
01/10/39
4,530
Series
-
2022
HC
(Class
D)
2,988,000
(a),(e)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
1.900%
7.215
12/25/41
2,937
Series
-
2022
R01
(Class
1M2)
10,555,000
(a),(e)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.100%
8.415
03/25/42
10,729
Series
-
2022
R04
(Class
1M2)
21,985,000
(a),(e)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.500%
8.815
03/25/42
22,636
Series
-
2022
R03
(Class
1M2)
309
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
4,985,000
(a),(e)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.000%
8.315
%
04/25/42
$
5,063
Series
-
2022
R05
(Class
2M2)
15,710,000
(a),(e)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.850%
9.165
05/25/42
16,324
Series
-
2022
R06
(Class
1M2)
18,627,000
(a),(e)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
4.650%
9.965
06/25/42
19,869
Series
-
2022
R07
(Class
1M2)
4,298,000
(a),(e)
Connecticut
Avenue
Securities
Trust
SOFR
+
3.600%
8.915
07/25/42
4,432
Series
-
2022
R08
(Class
1M2)
9,020,000
(a),(e)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
4.750%
10.065
09/25/42
9,743
Series
-
2022
R09
(Class
2M2)
24,740,000
(a),(e)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.750%
9.065
12/25/42
26,009
Series
-
2023
R01
(Class
1M2)
15,000,000
(e)
CPT
Mortgage
Trust
2.865
11/13/39
11,967
Series
-
2019
CPT
(Class
A)
2,000,000
(a),(e)
CPT
Mortgage
Trust
3.097
11/13/39
1,187
Series
-
2019
CPT
(Class
E)
5,000,000
(a),(e)
Credit
Suisse
Commercial
Mortgage
Trust
3.854
11/10/32
3,623
Series
-
2017
CALI
(Class
B)
3,079,985
(a),(e)
Credit
Suisse
Mortgage
Capital
Certificates
2.405
10/25/66
2,451
Series
-
2021
NQM8
(Class
A3)
6,650,000
(a),(e)
CSAIL
Commercial
Mortgage
Trust
3.800
06/15/37
5,831
Series
-
2017
C8
(Class
85BA)
6,100,000
(a),(e)
CSAIL
Commercial
Mortgage
Trust
3.800
06/15/37
5,038
Series
-
2017
C8
(Class
85BB)
2,000,000
(a),(e)
CSMC
Series
3.388
10/25/59
1,719
Series
-
2019
NQM1
(Class
M1)
102,725,000
(a),(e)
DOLP
Trust
0.665
05/10/41
3,750
Series
-
2021
NYC
(Class
X)
7,500,000
(a),(e)
ELP
Commercial
Mortgage
Trust
SOFR
1
M
+
1.434%
6.767
11/15/38
7,323
Series
-
2021
ELP
(Class
C)
4,000,000
(a),(e)
ELP
Commercial
Mortgage
Trust
SOFR
1
M
+
2.233%
7.566
11/15/38
3,933
Series
-
2021
ELP
(Class
E)
6,632,505
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
1.877
07/25/37
4,699
Series
-
2021
ML08
(Class
ML08)
508,789
(a),(e)
Flagstar
Mortgage
Trust
4.002
10/25/47
437
Series
-
2017
2
(Class
B3)
39,795
(a),(e)
Flagstar
Mortgage
Trust
4.000
09/25/48
36
Series
-
2018
5
(Class
A11)
1,389,152
(a),(e)
Flagstar
Mortgage
Trust
2.500
04/25/51
1,022
Series
-
2021
2
(Class
A4)
4,281,029
(a),(e)
Flagstar
Mortgage
Trust
2.500
06/01/51
3,151
Series
-
2021
4
(Class
A21)
10,260,000
Freddie
Mac
Multiclass
Certificates
Series
1.878
01/25/31
8,238
Series
-
2021
P009
(Class
A2)
7,324,000
(a)
Freddie
Mac
Multiclass
Certificates
Series
2.852
02/25/32
5,978
Series
-
2022
P013
(Class
A2)
39,326,933
(a)
Freddie
Mac
Multifamily
ML
Certificates
1.780
11/25/37
4,632
Series
-
2021
ML08
(Class
XCA)
3,139,789
Freddie
Mac
Multifamily
ML
Certificates
1.896
11/25/37
2,242
Series
-
2021
ML08
(Class
ML08)
9,960,853
(a)
Freddie
Mac
Multifamily
ML
Certificates
3.650
11/25/38
8,253
Series
-
2022
ML14
(Class
A)
16,469,230
Freddie
Mac
Multifamily
ML
Certificates
2.340
07/25/41
11,776
Series
-
2021
ML12
(Class
AUS)
3,500,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
3.871
07/25/33
3,171
Series
-
2015
Q002
(Class
A2)
1,024,998
FHLMC
1.518
09/25/35
731
Series
-
2020
Q012
(Class
A3)
4,534,328
FHLMC
1.555
01/25/36
3,484
Series
-
2020
Q014
(Class
A1)
16,475,645
Freddie
Mac
Multifamily
Variable
Rate
Certificate
3.150
10/15/36
13,214
Series
-
2022
M068
(Class
A)
CREF
Social
Choice
Account
September
30,
2023
310
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
1,730,000
Freddie
Mac
Multifamily
Variable
Rate
Certificate
4.013
%
04/15/37
$
1,539
Series
-
2022
M069
(Class
A)
6,010,000
Freddie
Mac
Multifamily
Variable
Rate
Certificate
1.761
09/15/38
4,543
Series
-
2020
M061
(Class
A)
11,875,000
(e)
Frontier
Issuer
LLC
6.600
08/20/53
11,330
Series
-
2023
1
(Class
A2)
1,325,000
(a),(e)
GCT
Commercial
Mortgage
Trust
SOFR
1
M
+
0.914%
6.247
02/15/38
1,047
Series
-
2021
GCT
(Class
A)
2,972,000
(a),(e)
GS
Mortgage
Securities
Corp
II
5.067
03/10/33
2,574
Series
-
2018
GS10
(Class
WLSC)
1,385,306
(a),(e)
GS
Mortgage
Securities
Trust
SOFR
1
M
+
1.143%
6.483
10/15/31
1,374
Series
-
2018
HART
(Class
A)
3,000,000
GS
Mortgage
Securities
Trust
3.143
10/10/49
2,683
Series
-
2016
GS3
(Class
AS)
830,000
(a)
GS
Mortgage
Securities
Trust
4.078
11/10/49
668
Series
-
2016
GS4
(Class
C)
356,684
(a),(e)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
01/25/51
290
Series
-
2020
PJ4
(Class
A4)
26,243,711
(a),(e)
GS
Mortgage-Backed
Securities
Corp
Trust
0.268
03/27/51
258
Series
-
2020
PJ5
(Class
AX1)
714,600
(a),(e)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
03/27/51
575
Series
-
2020
PJ5
(Class
A4)
1,000,155
(a),(e)
GS
Mortgage-Backed
Securities
Corp
Trust
2.500
05/25/51
736
Series
-
2020
PJ6
(Class
A4)
63,928,393
(a),(e)
GS
Mortgage-Backed
Securities
Corp
Trust
0.150
08/25/51
427
Series
-
2021
PJ3
(Class
AX1)
5,444,081
(a),(e)
GS
Mortgage-Backed
Securities
Corp
Trust
2.500
10/25/51
4,006
Series
-
2021
PJ5
(Class
A4)
4,816,478
(a),(e)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
06/25/52
3,704
Series
-
2022
PJ2
(Class
A36)
2,291,092
(a),(e)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
09/25/52
1,762
Series
-
2022
PJ4
(Class
A36)
406,880
(a),(e)
GS
Mortgage-Backed
Securities
Trust
3.631
05/25/50
324
Series
-
2020
PJ1
(Class
B2)
1,105,460
(a),(e)
GS
Mortgage-Backed
Securities
Trust
2.500
07/25/51
814
Series
-
2021
PJ2
(Class
A4)
8,078,912
(a),(e)
GS
Mortgage-Backed
Securities
Trust
2.500
11/25/51
5,995
Series
-
2021
PJ6
(Class
A4)
10,317,756
(a),(e)
GS
Mortgage-Backed
Securities
Trust
2.500
01/25/52
7,593
Series
-
2021
PJ7
(Class
A4)
4,670,890
(a),(e)
GS
Mortgage-Backed
Securities
Trust
2.500
01/25/52
3,437
Series
-
2021
PJ8
(Class
A4)
2,523,044
(a),(e)
GS
Mortgage-Backed
Securities
Trust
2.722
01/25/52
1,791
Series
-
2021
PJ7
(Class
B2)
4,534,784
(a),(e)
GS
Mortgage-Backed
Securities
Trust
2.500
03/25/52
3,337
Series
-
2021
PJ10
(Class
A4)
2,832,208
(a),(e)
GS
Mortgage-Backed
Securities
Trust
2.500
05/01/52
2,379
Series
-
2022
PJ1
(Class
A8)
2,112,941
(a),(e)
GS
Mortgage-Backed
Securities
Trust
2.834
05/28/52
1,558
Series
-
2022
PJ1
(Class
B2)
5,295,676
(a),(e)
GS
Mortgage-Backed
Securities
Trust
3.000
10/25/52
4,073
Series
-
2022
PJ5
(Class
A36)
2,993,492
(a),(e)
GS
Mortgage-Backed
Securities
Trust
3.000
01/25/53
2,310
Series
-
2022
PJ6
(Class
A24)
5,848,350
(a),(e)
GS
Mortgage-Backed
Securities
Trust
3.500
02/25/53
4,705
Series
-
2023
PJ1
(Class
A24)
578,799
(a)
HarborView
Mortgage
Loan
Trust
SOFR
1
M
+
0.734%
6.062
08/19/45
521
Series
-
2005
11
(Class
2A1A)
6,000,000
(e)
Hudson
Yards
Mortgage
Trust
2.835
08/10/38
5,422
Series
-
2016
10HY
(Class
A)
5,000,000
(a),(e)
Hudson
Yards
Mortgage
Trust
3.076
08/10/38
4,484
Series
-
2016
10HY
(Class
B)
311
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
5,000,000
(a),(e)
Hudson
Yards
Mortgage
Trust
3.076
%
08/10/38
$
4,415
Series
-
2016
10HY
(Class
C)
7,000,000
(e)
Hudson
Yards
Mortgage
Trust
3.228
07/10/39
5,930
Series
-
2019
30HY
(Class
A)
4,000,000
(a),(e)
Hudson
Yards
Mortgage
Trust
3.041
12/10/41
2,943
Series
-
2019
55HY
(Class
D)
7,000,000
(a),(e)
Hudson
Yards
Mortgage
Trust
3.041
12/10/41
5,018
Series
-
2019
55HY
(Class
E)
120,984
(a)
Impac
CMB
Trust
SOFR
1
M
+
0.774%
6.094
03/25/35
111
Series
-
2004
11
(Class
2A1)
480,000
(a),(e)
Imperial
Fund
Mortgage
Trust
3.531
10/25/55
390
Series
-
2020
NQM1
(Class
M1)
1,700,000
(a),(e)
J.P.
Morgan
Chase
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
1.884%
7.217
10/15/33
1,526
Series
-
2020
609M
(Class
B)
1,649,630
(a),(e)
J.P.
Morgan
Mortgage
Trust
4.000
12/25/52
1,377
Series
-
2022
7
(Class
2A6A)
2,000,000
(a),(e)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
2.284%
7.617
10/15/33
1,649
Series
-
2020
609M
(Class
C)
1,310,998
(a),(e)
JP
Morgan
Mortgage
Trust
LIBOR
1
M
-
0.000%
6.565
12/25/44
1,250
Series
-
2015
1
(Class
B1)
78,247
(a),(e)
JP
Morgan
Mortgage
Trust
3.500
05/25/45
68
Series
-
2015
3
(Class
A19)
417,681
(a),(e)
JP
Morgan
Mortgage
Trust
3.500
10/25/45
365
Series
-
2015
6
(Class
A13)
217,633
(a),(e)
JP
Morgan
Mortgage
Trust
3.500
05/25/47
185
Series
-
2017
2
(Class
A13)
298,879
(a),(e)
JP
Morgan
Mortgage
Trust
3.500
09/25/48
251
Series
-
2018
3
(Class
A13)
242,257
(a),(e)
JP
Morgan
Mortgage
Trust
3.500
10/25/48
204
Series
-
2018
4
(Class
A13)
837,462
(a),(e)
JP
Morgan
Mortgage
Trust
3.500
10/25/48
694
Series
-
2018
5
(Class
A13)
818,013
(a),(e)
JP
Morgan
Mortgage
Trust
3.542
10/26/48
789
Series
-
2017
5
(Class
A2)
86,625
(a),(e)
JP
Morgan
Mortgage
Trust
4.000
01/25/49
77
Series
-
2018
8
(Class
A13)
192,462
(a),(e)
JP
Morgan
Mortgage
Trust
4.000
02/25/49
172
Series
-
2018
9
(Class
A13)
26,585
(a),(e)
JP
Morgan
Mortgage
Trust
4.000
05/25/49
24
Series
-
2019
1
(Class
A3)
172,486
(a),(e)
JP
Morgan
Mortgage
Trust
4.000
05/25/49
155
Series
-
2019
1
(Class
A15)
389,809
(a),(e)
JP
Morgan
Mortgage
Trust
SOFR
1
M
+
1.064%
6.379
10/25/49
377
Series
-
2019
INV1
(Class
A11)
1,553,444
(a),(e)
JP
Morgan
Mortgage
Trust
3.828
06/25/50
1,274
Series
-
2020
1
(Class
B2)
20,828,565
(a),(e)
JP
Morgan
Mortgage
Trust
0.141
07/25/51
136
Series
-
2021
3
(Class
AX1)
14,841,605
(a),(e)
JP
Morgan
Mortgage
Trust
0.132
08/25/51
91
Series
-
2021
4
(Class
AX1)
1,657,062
(a),(e)
JP
Morgan
Mortgage
Trust
2.882
08/25/51
1,205
Series
-
2021
4
(Class
B2)
28,320,396
(a),(e)
JP
Morgan
Mortgage
Trust
0.137
10/25/51
179
Series
-
2021
6
(Class
AX1)
3,164,846
(a),(e)
JP
Morgan
Mortgage
Trust
2.500
10/25/51
2,329
Series
-
2021
6
(Class
A15)
2,215,223
(a),(e)
JP
Morgan
Mortgage
Trust
2.500
11/25/51
1,630
Series
-
2021
7
(Class
A15)
2,792,073
(a),(e)
JP
Morgan
Mortgage
Trust
2.500
12/25/51
2,055
Series
-
2021
8
(Class
A15)
CREF
Social
Choice
Account
September
30,
2023
312
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
1,184,410
(a),(e)
JP
Morgan
Mortgage
Trust
2.500
%
12/25/51
$
872
Series
-
2021
10
(Class
A15)
4,072,222
(a),(e)
JP
Morgan
Mortgage
Trust
2.500
01/25/52
2,997
Series
-
2021
11
(Class
A15)
1,087,835
(a),(e)
JP
Morgan
Mortgage
Trust
2.500
02/25/52
801
Series
-
2021
12
(Class
A15)
1,805,131
(a),(e)
JP
Morgan
Mortgage
Trust
2.500
05/25/52
1,328
Series
-
2021
14
(Class
A15)
1,170,640
(a),(e)
JP
Morgan
Mortgage
Trust
2.927
05/25/52
881
Series
-
2021
LTV2
(Class
A3)
5,744,769
(a),(e)
JP
Morgan
Mortgage
Trust
2.500
06/25/52
4,228
Series
-
2021
15
(Class
A15)
6,381,812
(a),(e)
JP
Morgan
Mortgage
Trust
2.500
07/25/52
4,697
Series
-
2022
1
(Class
A15)
9,770,745
(a),(e)
JP
Morgan
Mortgage
Trust
3.250
07/25/52
7,991
Series
-
2022
LTV1
(Class
A1)
9,764,049
(a),(e)
JP
Morgan
Mortgage
Trust
3.000
08/25/52
7,509
Series
-
2022
3
(Class
A25)
6,877,641
(a),(e)
JP
Morgan
Mortgage
Trust
3.000
08/25/52
5,289
Series
-
2022
2
(Class
A25)
6,325,289
(a),(e)
JP
Morgan
Mortgage
Trust
3.500
09/25/52
5,089
Series
-
2022
LTV2
(Class
A6)
5,114,736
(a),(e)
JP
Morgan
Mortgage
Trust
3.000
10/25/52
3,946
Series
-
2022
4
(Class
A17A)
4,635,928
(a),(e)
JP
Morgan
Mortgage
Trust
3.000
11/25/52
3,577
Series
-
2022
6
(Class
A17A)
3,282,781
(a),(e)
JP
Morgan
Mortgage
Trust
3.000
12/25/52
2,533
Series
-
2022
7
(Class
1A17)
423,492
(a),(e)
JP
Morgan
Mortgage
Trust
5.000
06/25/53
386
Series
-
2023
1
(Class
A15A)
2,898,570
(a),(e)
JP
Morgan
Mortgage
Trust
5.500
06/25/53
2,711
Series
-
2023
1
(Class
A15B)
5,000,000
(e)
Liberty
Street
Trust
3.597
02/10/36
4,456
Series
-
2016
225L
(Class
A)
4,000,000
(a),(e)
MAD
Mortgage
Trust
3.294
08/15/34
3,598
Series
-
2017
330M
(Class
A)
4,000,000
(a),(e)
MAD
Mortgage
Trust
3.478
08/15/34
3,392
Series
-
2017
330M
(Class
B)
2,000,000
(a),(e)
Manhattan
West
2.413
09/10/39
1,663
Series
-
2020
1MW
(Class
C)
2,000,000
(e)
Manhattan
West
Mortgage
Trust
2.130
09/10/39
1,715
Series
-
2020
1MW
(Class
A)
2,169,000
(a),(e)
Menora
Mivtachim
Holdings
Ltd
4.070
02/17/55
1,134
Series
-
2022
C1
(Class
360D)
132,191
(a)
Morgan
Stanley
Capital
I
Trust
6.282
12/12/49
56
Series
-
2007
IQ16
(Class
AJFX)
892,660
(a),(e)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
07/25/51
756
Series
-
2021
4
(Class
A4)
3,752,797
(a),(e)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
08/25/51
2,762
Series
-
2021
5
(Class
A9)
2,777,295
(a),(e)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
09/25/51
2,352
Series
-
2021
6
(Class
A4)
2,429,205
(a),(e)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
09/25/51
1,788
Series
-
2021
6
(Class
A9)
3,000,000
(a),(e)
MSDB
Trust
3.427
07/11/39
2,548
Series
-
2017
712F
(Class
A)
4,880,929
(a),(e)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
1.579%
5.915
07/15/36
4,465
Series
-
2019
MILE
(Class
A)
6,750,000
(a),(e)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
1.879%
7.212
07/15/36
5,804
Series
-
2019
MILE
(Class
B)
4,250,000
(a),(e)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
2.279%
7.612
07/15/36
3,449
Series
-
2019
MILE
(Class
C)
313
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
9,800,000
(a),(e)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
3.579%
8.912
%
07/15/36
$
7,027
Series
-
2019
MILE
(Class
E)
1,500,000
(a),(e)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
4.329%
9.662
07/15/36
998
Series
-
2019
MILE
(Class
F)
431,061
(a),(e)
New
Residential
Mortgage
Loan
Trust
2.797
09/25/59
399
Series
-
2019
NQM4
(Class
A3)
470,000
(a),(e)
New
Residential
Mortgage
Loan
Trust
2.986
09/25/59
388
Series
-
2019
NQM4
(Class
M1)
33,972
(a)
New
York
Mortgage
Trust
SOFR
1
M
+
0.594%
5.914
02/25/36
33
Series
-
2005
3
(Class
A1)
5,050,453
(a),(e)
OBX
Trust
2.500
07/25/51
3,717
Series
-
2021
J2
(Class
A19)
299,664
(a),(e)
OBX
Trust
SOFR
1
M
+
0.764%
4.658
06/25/57
285
Series
-
2018
1
(Class
A2)
1,533,710
(a),(e)
Oceanview
Mortgage
Trust
2.500
05/25/51
1,129
Series
-
2021
1
(Class
A19)
1,776,272
(a),(e)
Oceanview
Mortgage
Trust
4.500
11/25/52
1,584
Series
-
2022
1
(Class
A1)
11,800,000
(e)
One
Bryant
Park
Trust
2.516
09/15/54
9,399
Series
-
2019
OBP
(Class
A)
4,699,000
(e)
One
Market
Plaza
Trust
3.614
02/10/32
4,344
Series
-
2017
1MKT
(Class
A)
1,000,000
(e)
One
Market
Plaza
Trust
3.845
02/10/32
884
Series
-
2017
1MKT
(Class
B)
2,000,000
(e)
One
Market
Plaza
Trust
4.146
02/10/32
1,644
Series
-
2017
1MKT
(Class
D)
4,906,220
(a),(e)
RCKT
Mortgage
Trust
2.500
09/25/51
3,623
Series
-
2021
4
(Class
A21)
6,817,369
(a),(e)
RCKT
Mortgage
Trust
2.500
02/25/52
5,017
Series
-
2022
2
(Class
A22)
5,195,995
(a),(e)
RCKT
Mortgage
Trust
3.500
06/25/52
4,181
Series
-
2022
4
(Class
A22)
425,493
(a),(e)
Sequoia
Mortgage
Trust
3.500
05/25/45
374
Series
-
2015
2
(Class
A1)
187,344
(a),(e)
Sequoia
Mortgage
Trust
3.500
06/25/46
162
Series
-
2016
1
(Class
A19)
638,433
(a),(e)
Sequoia
Mortgage
Trust
3.726
09/25/47
573
Series
-
2017
6
(Class
B1)
10,318
(a),(e)
Sequoia
Mortgage
Trust
4.000
09/25/48
9
Series
-
2018
7
(Class
A19)
71,057
(a),(e)
Sequoia
Mortgage
Trust
4.000
06/25/49
64
Series
-
2019
2
(Class
A19)
173,146
(a),(e)
Sequoia
Mortgage
Trust
3.500
12/25/49
149
Series
-
2019
5
(Class
A19)
1,404,433
(a),(e)
Sequoia
Mortgage
Trust
3.000
04/25/50
1,127
Series
-
2020
3
(Class
A19)
2,865,866
(a),(e)
Sequoia
Mortgage
Trust
2.500
06/25/51
2,109
Series
-
2021
4
(Class
A19)
273,729
(a),(e)
Shellpoint
Co-Originator
Trust
3.500
10/25/47
236
Series
-
2017
2
(Class
A1)
78,068,000
(a),(e)
SLG
Office
Trust
0.258
07/15/41
1,106
Series
-
2021
OVA
(Class
X)
1,125,000
(a),(e)
STWD
Mortgage
Trust
SOFR
1
M
+
1.371%
6.704
11/15/36
1,094
Series
-
2021
LIH
(Class
AS)
4,000,000
(e)
SUMIT
Mortgage
Trust
2.789
02/12/41
3,055
Series
-
2022
BVUE
(Class
A)
982,000
(a),(e)
Verus
Securitization
Trust
3.207
11/25/59
858
Series
-
2019
4
(Class
M1)
411,616
(e)
Verus
Securitization
Trust
1.733
05/25/65
379
Series
-
2020
5
(Class
A3)
2,528,332
(a),(e)
Verus
Securitization
Trust
2.240
10/25/66
2,027
Series
-
2021
7
(Class
A3)
CREF
Social
Choice
Account
September
30,
2023
314
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
49,125
(a),(e)
Wells
Fargo
Mortgage
Backed
Securities
Trust
4.000
%
04/25/49
$
45
Series
-
2019
2
(Class
A17)
448,740
(a),(e)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.000
07/25/50
359
Series
-
2020
4
(Class
A17)
6,801,341
(a),(e)
Wells
Fargo
Mortgage
Backed
Securities
Trust
2.500
06/25/51
5,005
Series
-
2021
2
(Class
A17)
2,343,191
(a),(e)
Wells
Fargo
Mortgage
Backed
Securities
Trust
2.500
12/25/51
1,724
Series
-
2022
2
(Class
A18)
145,780
(a),(e)
WinWater
Mortgage
Loan
Trust
3.919
06/20/44
114
Series
-
2014
1
(Class
B4)
3,366,294
(a),(e)
Woodward
Capital
Management
3.000
05/25/52
2,597
Series
-
2022
3
(Class
A21)
TOTAL
OTHER
MORTGAGE
BACKED
607,352
TOTAL
STRUCTURED
ASSETS
874,558
(Cost
$1,015,960)
SHARES
REFERENCERATE
&
SPREAD
COMMON
STOCKS
-
58.4%
AUTOMOBILES
&
COMPONENTS
-
1.8%
261,171
(j)
American
Axle
&
Manufacturing
Holdings,
Inc
1,896
153,429
(j)
Aptiv
plc
15,127
165,028
Bayerische
Motoren
Werke
AG.
16,761
71,908
Bayerische
Motoren
Werke
AG.
(Preference)
6,693
359,500
Bridgestone
Corp
14,009
473,301
Cie
Generale
des
Etablissements
Michelin
S.C.A
14,486
310,818
Daimler
AG.
(Registered)
21,632
110,268
Dr
ING
hc
F
Porsche
AG.
10,346
1,777,800
Honda
Motor
Co
Ltd
20,000
229,211
Magna
International,
Inc
12,284
103,023
(j)
Modine
Manufacturing
Co
4,713
416,843
(f),(j)
Rivian
Automotive,
Inc
10,121
682,600
(j)
Tesla,
Inc
170,800
1,462,700
(j)
Toyota
Motor
Corp
26,241
259,359
Valeo
4,451
10,023
Yamaha
Motor
Co
Ltd
264
TOTAL
AUTOMOBILES
&
COMPONENTS
349,824
BANKS
-
2.9%
2,364
Ameris
Bancorp
91
1,247,612
Australia
&
New
Zealand
Banking
Group
Ltd
20,463
2,597,502
Banco
Bilbao
Vizcaya
Argentaria
S.A.
21,021
20,196
(j)
Bancorp,
Inc
697
1,543,348
Bank
Hapoalim
Ltd
13,751
273,546
Bank
of
Montreal
23,076
474,689
(f)
Bank
of
Nova
Scotia
21,277
65,681
Bank
OZK
2,435
2,405
Banner
Corp
102
56,868
Berkshire
Hills
Bancorp,
Inc
1,140
3,985,500
BOC
Hong
Kong
Holdings
Ltd
10,880
1,840
Cadence
Bank
39
6,038
(f)
Camden
National
Corp
170
453,829
(f)
Canadian
Imperial
Bank
of
Commerce
17,518
1,162,585
Citigroup,
Inc
47,817
1,366
Citizens
Financial
Group,
Inc
37
2,120
Columbia
Banking
System,
Inc
43
823
Commerce
Bancshares,
Inc
40
239,251
Commonwealth
Bank
of
Australia
15,282
889
Community
Trust
Bancorp,
Inc
31
52,059
(j)
Customers
Bancorp,
Inc
1,793
315
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
276,950
DNB
Bank
ASA
$
5,564
270,724
Erste
Bank
der
Oesterreichischen
Sparkassen
AG.
9,350
7,030
First
Busey
Corp
135
1,019
Glacier
Bancorp,
Inc
29
1,984
Hancock
Whitney
Corp
73
808,000
Hang
Seng
Bank
Ltd
10,025
4,964
Heritage
Financial
Corp
81
5,576,377
HSBC
Holdings
plc
43,637
381,375
Huntington
Bancshares,
Inc
3,966
7,280,998
Intesa
Sanpaolo
S.p.A.
18,648
342,883
JPMorgan
Chase
&
Co
49,725
213,724
KBC
Groep
NV
13,306
2,557
Keycorp
28
1,069,600
Mizuho
Financial
Group,
Inc
18,160
30,945
National
Bank
Holdings
Corp
921
138,079
National
Bank
of
Canada
9,173
9,051
Old
National
Bancorp
132
1,766,267
Oversea-Chinese
Banking
Corp
16,518
288,000
PNC
Financial
Services
Group,
Inc
35,358
949,057
Regions
Financial
Corp
16,324
1,643,600
Resona
Holdings,
Inc
9,088
523,809
Societe
Generale
12,675
1,717,099
Standard
Chartered
plc
15,793
313,100
Sumitomo
Mitsui
Trust
Holdings,
Inc
11,787
1,549,321
Svenska
Handelsbanken
AB
13,786
2,226
(j)
Texas
Capital
Bancshares,
Inc
131
558,064
(f)
Toronto-Dominion
Bank
33,622
4,787
Trico
Bancshares
153
527,068
Truist
Financial
Corp
15,079
2,114
UMB
Financial
Corp
131
18,027
Univest
Financial
Corp
313
2,021
(f)
Westamerica
Bancorporation
87
1,110
Wintrust
Financial
Corp
84
TOTAL
BANKS
561,585
CAPITAL
GOODS
-
4.2%
465,383
3M
Co
43,569
362
A.O.
Smith
Corp
24
588,895
ABB
Ltd
21,020
790
Acuity
Brands,
Inc
135
247
Allegion
plc
26
181,708
Ashtead
Group
plc
11,019
510,377
Assa
Abloy
AB
11,090
1,130,260
Atlas
Copco
AB
13,218
1,169,208
Atlas
Copco
AB
15,703
68,467
(j)
Axon
Enterprise,
Inc
13,624
688
(j)
Beacon
Roofing
Supply,
Inc
53
11,104
(f),(j)
Bloom
Energy
Corp
147
272,149
Bouygues
S.A.
9,516
39,132
Brenntag
SE
3,028
405,909
(j)
CAE,
Inc
9,476
343,933
Carrier
Global
Corp
18,985
247,266
Caterpillar,
Inc
67,504
874,427
CNH
Industrial
NV
10,615
50,104
Cummins,
Inc
11,447
79,916
Curtiss-Wright
Corp
15,634
900
Daifuku
Co
Ltd
17
81,100
Daikin
Industries
Ltd
12,714
92,545
DCC
plc
5,182
149,464
Deere
&
Co
56,405
396
Dover
Corp
55
253,220
Eaton
Corp
plc
54,007
CREF
Social
Choice
Account
September
30,
2023
316
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
98,775
Eiffage
S.A.
$
9,375
1,733
EMCOR
Group,
Inc
365
68,952
Emerson
Electric
Co
6,659
1,823
Epiroc
AB
35
46,955
Fanuc
Ltd
1,221
166,626
Fastenal
Co
9,104
576
Ferguson
plc
95
136,688
Fortive
Corp
10,137
1,653
Fortune
Brands
Innovations,
Inc
103
4,591
Geberit
AG.
2,289
46,636
(j)
Generac
Holdings,
Inc
5,081
151,824
(j)
Great
Lakes
Dredge
&
Dock
Corp
1,210
174,483
Hexcel
Corp
11,366
1,155
(f)
Husqvarna
AB
(B
Shares)
9
2,459
IDEX
Corp
512
223,275
Illinois
Tool
Works,
Inc
51,422
1,115
Ingersoll
Rand,
Inc
71
400,030
Johnson
Controls
International
plc
21,286
1,076,270
Keppel
Corp
Ltd
5,345
346,500
Komatsu
Ltd
9,346
282,335
(j)
Kratos
Defense
&
Security
Solutions,
Inc
4,241
383,900
Kubota
Corp
5,647
289
Kurita
Water
Industries
Ltd
10
161,080
Legrand
S.A.
14,801
86
Lennox
International,
Inc
32
794
LIXIL
Group
Corp
9
14,172
Luxfer
Holdings
plc
185
50,237
(j)
Manitowoc
Co,
Inc
756
874,400
Marubeni
Corp
13,630
240,083
Masco
Corp
12,832
109,661
(j)
Mercury
Computer
Systems,
Inc
4,067
52,107
Metso
Outotec
Oyj
546
352,300
Mitsui
&
Co
Ltd
12,778
9,935
Moog,
Inc
(Class
A)
1,122
13,816
(j)
MYR
Group,
Inc
1,862
658
NGK
Insulators
Ltd
9
147,555
Nibe
Industrier
AB
965
333,800
Obayashi
Corp
2,937
9,277
Owens
Corning,
Inc
1,265
129,844
PACCAR,
Inc
11,039
455
Pentair
plc
29
60,083
(j)
Proto
Labs,
Inc
1,586
30,911
Quanta
Services,
Inc
5,783
54,484
Rockwell
Automation,
Inc
15,575
7,116
Rush
Enterprises,
Inc
(Class
A)
291
127,111
Sandvik
AB
2,339
177,823
Schneider
Electric
S.A.
29,304
47,938,119
(j)
SembCorp
Marine
Ltd
4,687
355,600
Shimizu
Corp
2,470
229,311
Siemens
AG.
32,771
18,061
SKF
AB
(B
Shares)
300
13,039
Snap-On,
Inc
3,326
227
Toromont
Industries
Ltd
18
392
Toto
Ltd
10
97,647
Trane
Technologies
plc
19,814
146,892
(j)
Triumph
Group,
Inc
1,125
42,767
United
Rentals,
Inc
19,013
24,341
(j)
V2X,
Inc
1,257
229,354
Vestas
Wind
Systems
A.S.
4,907
697,434
Volvo
AB
(B
Shares)
14,366
18,180
W.W.
Grainger,
Inc
12,578
1,964
Wabash
National
Corp
41
317
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
295,210
Wartsila
Oyj
(B
Shares)
$
3,346
50,826
Woodward
Inc
6,316
40,621
(f)
WSP
Global,
Inc
5,733
49,681
Xylem,
Inc
4,522
700
Yaskawa
Electric
Corp
25
TOTAL
CAPITAL
GOODS
829,509
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
1.3%
834
ABM
Industries,
Inc
33
33,977
ACCO
Brands
Corp
195
1,000
(j)
ASGN,
Inc
82
241,329
Automatic
Data
Processing,
Inc
58,059
372
Booz
Allen
Hamilton
Holding
Corp
41
3,969
Brambles
Ltd
36
369,489
Bureau
Veritas
S.A.
9,162
274,481
Computershare
Ltd
4,574
1,055,441
(j)
Copart,
Inc
45,479
23,184
CSG
Systems
International,
Inc
1,185
614
Dai
Nippon
Printing
Co
Ltd
16
187,075
(j)
ExlService
Holdings,
Inc
5,246
50,199
(j)
FTI
Consulting,
Inc
8,956
5,059
Heidrick
&
Struggles
International,
Inc
127
44,488
Intertek
Group
plc
2,225
45,168
Kelly
Services,
Inc
(Class
A)
822
50,425
(j)
Liquidity
Services,
Inc
888
188,119
(j)
OPENLANE,
Inc
2,807
37,996
Randstad
Holdings
NV
2,099
29,564
RB
Global,
Inc
1,851
288,600
Recruit
Holdings
Co
Ltd
8,830
695,611
RELX
plc
23,470
62,095
Robert
Half
International,
Inc
4,550
97,700
SGS
S.A.
8,200
20,295
(f),(j)
Sterling
Check
Corp
256
61,984
Teleperformance
7,782
106,906
Thomson
Reuters
Corp
13,078
166,652
TransUnion
11,964
2,948
(j)
TriNet
Group,
Inc
343
19,721
Verisk
Analytics,
Inc
4,659
203,742
Waste
Management,
Inc
31,058
30,531
Wolters
Kluwer
NV
3,697
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
261,770
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
2.8%
45,506
(j)
1-800-FLOWERS.COM,
Inc
(Class
A)
319
1,759,100
(j)
Amazon.com,
Inc
223,617
568
(j)
Autozone,
Inc
1,443
621
Best
Buy
Co,
Inc
43
184
(j)
Burlington
Stores,
Inc
25
158
Canadian
Tire
Corp
Ltd
17
2,874
(j)
Carmax,
Inc
203
28,621
Dieteren
S.A.
4,825
34,769
Dollarama,
Inc
2,396
397,369
eBay,
Inc
17,520
41,100
Fast
Retailing
Co
Ltd
8,952
8,815
(j)
Five
Below,
Inc
1,418
29,570
(j)
Genesco,
Inc
911
679
Genuine
Parts
Co
98
289,675
(f)
Hennes
&
Mauritz
AB
(B
Shares)
4,108
316,989
Home
Depot,
Inc
95,781
502,909
Industria
de
Diseno
Textil
S.A.
18,714
5,813
Kingfisher
plc
16
109,818
LKQ
Corp
5,437
CREF
Social
Choice
Account
September
30,
2023
318
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
295,936
Lowe's
Cos,
Inc
$
61,507
44,620
(j)
MarineMax,
Inc
1,464
370
(j)
Mercadolibre,
Inc
469
366
Next
plc
32
4,853
Pool
Corp
1,728
654,845
(j)
Prosus
NV
19,296
1,746
(j)
Sally
Beauty
Holdings,
Inc
15
34,896
Shoe
Carnival,
Inc
839
654,364
TJX
Cos,
Inc
58,160
21,945
Tractor
Supply
Co
4,456
186,836
Wesfarmers
Ltd
6,323
1,197
Winmark
Corp
447
19,020
(e),(j)
Zalando
SE
423
20,869
(j)
Zumiez,
Inc
371
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
541,373
CONSUMER
DURABLES
&
APPAREL
-
0.8%
74,165
Adidas-Salomon
AG.
13,009
385,655
Barratt
Developments
plc
2,068
68,119
Berkeley
Group
Holdings
plc
3,402
308,453
Burberry
Group
plc
7,148
33,385
(j)
Crocs,
Inc
2,945
9,091
(j)
Deckers
Outdoor
Corp
4,674
524
Gildan
Activewear,
Inc
15
58,468
(j)
GoPro,
Inc
183
55,526
(j)
Green
Brick
Partners,
Inc
2,305
804
Hasbro,
Inc
53
12,004
Hermes
International
21,881
32,983
(j)
iRobot
Corp
1,250
35,317
Kering
16,047
18,915
(j)
Lovesac
Co
377
37,921
(j)
Lululemon
Athletica,
Inc
14,623
156,205
Moncler
S.p.A
9,053
2,173
(j)
NVR,
Inc
12,958
1,300,600
Panasonic
Corp
14,681
262
Pandora
A.S.
27
880
Persimmon
plc
11
714
Pulte
Homes,
Inc
53
18,601
Puma
AG.
Rudolf
Dassler
Sport
1,150
2,388
PVH
Corp
183
1,026
Sekisui
Chemical
Co
Ltd
15
237,400
Sekisui
House
Ltd
4,725
178,782
(j)
Sonos,
Inc
2,308
367,400
Sony
Corp
30,044
1,076,998
Taylor
Wimpey
plc
1,536
77,585
(j)
Traeger,
Inc
212
2,785
VF
Corp
49
389
Yamaha
Corp
11
TOTAL
CONSUMER
DURABLES
&
APPAREL
166,996
CONSUMER
SERVICES
-
1.3%
232,680
Accor
S.A.
7,826
38,630
ADT,
Inc
232
244,616
Amadeus
IT
Holding
S.A.
14,775
20,071
(j)
Booking
Holdings,
Inc
61,898
46,693
(j)
Bright
Horizons
Family
Solutions,
Inc
3,804
33,285
Carriage
Services,
Inc
940
711,559
Compass
Group
plc
17,320
93,670
(j)
Dave
&
Buster's
Entertainment,
Inc
3,472
318,785
Hilton
Worldwide
Holdings,
Inc
47,875
575
IDP
Education
Ltd
8
109,464
InterContinental
Hotels
Group
plc
8,095
319
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
490,000
Oriental
Land
Co
Ltd
$
16,076
36,334
(j)
Planet
Fitness,
Inc
1,787
3,541
(j)
Shake
Shack,
Inc
206
97,286
(j)
Six
Flags
Entertainment
Corp
2,287
572,773
Starbucks
Corp
52,277
26,591
Vail
Resorts,
Inc
5,900
129,335
Whitbread
plc
5,444
25,481
Wingstop,
Inc
4,583
78,946
Yum!
Brands,
Inc
9,864
TOTAL
CONSUMER
SERVICES
264,669
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.7%
232,500
Aeon
Co
Ltd
4,605
361,939
Alimentation
Couche-Tard,
Inc
18,381
238,533
(j)
BJ's
Wholesale
Club
Holdings,
Inc
17,024
818,506
Coles
Group
Ltd
8,169
2,126,476
J
Sainsbury
plc
6,549
752
Kesko
Oyj
(B
Shares)
14
5,063
Kroger
Co
227
6,600
Matsumotokiyoshi
Holdings
Co
Ltd
118
140,441
Metro,
Inc
7,294
109,854
(j)
Performance
Food
Group
Co
6,466
51,446
Pricesmart,
Inc
3,829
81,987
SpartanNash
Co
1,804
225,859
(j)
Sprouts
Farmers
Market,
Inc
9,667
307,723
Target
Corp
34,025
123,985
(j)
United
Natural
Foods,
Inc
1,753
346,003
(j)
US
Foods
Holding
Corp
13,736
649,626
Woolworths
Ltd
15,553
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
149,214
ENERGY
-
3.3%
361,423
Antero
Midstream
Corp
4,330
168,814
APA
Corp
6,938
343,310
(f)
ARC
Resources
Ltd
5,480
365,244
Baker
Hughes
Co
12,900
731,836
Cenovus
Energy,
Inc
(Toronto)
15,237
3,725
ChampionX
Corp
133
172,979
Cheniere
Energy,
Inc
28,708
289,232
Chevron
Corp
48,770
235,164
(j)
Clean
Energy
Fuels
Corp
901
565,683
ConocoPhillips
67,769
2,773
Delek
US
Holdings,
Inc
79
207,712
Devon
Energy
Corp
9,908
36,565
(j)
DMC
Global,
Inc
895
52,213
(j)
Dril-Quip,
Inc
1,471
691,684
Enbridge,
Inc
22,941
253,956
EOG
Resources,
Inc
32,191
294,330
EQT
Corp
11,944
416,218
Equinor
ASA
13,640
584,895
Galp
Energia
SGPS
S.A.
8,663
1,424
Halliburton
Co
58
134,424
Hess
Corp
20,567
212,089
(f)
Imperial
Oil
Ltd
13,063
248,000
Inpex
Holdings,
Inc
3,720
6,419
(f)
Keyera
Corp
151
1,330,698
Kinder
Morgan,
Inc
22,063
945,307
(j)
Kosmos
Energy
Ltd
7,733
1,874
Marathon
Oil
Corp
50
146,987
Marathon
Petroleum
Corp
22,245
338,424
(f)
Neste
Oil
Oyj
11,462
446,162
NOV,
Inc
9,325
CREF
Social
Choice
Account
September
30,
2023
320
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
5,830
(j)
Oceaneering
International,
Inc
$
150
114,033
OMV
AG.
5,447
26,543
ONEOK,
Inc
1,684
703
Ovintiv,
Inc
33
170,132
Parkland
Corp
4,976
182,711
Pembina
Pipeline
Corp
5,494
1,331
Phillips
66
160
113,934
Pioneer
Natural
Resources
Co
26,153
636,028
Schlumberger
Ltd
37,080
1,290,892
Shell
plc
40,914
522,200
Suncor
Energy,
Inc
17,958
641,090
Total
S.A.
42,151
219,963
Valero
Energy
Corp
31,171
80,303
(j)
Weatherford
International
plc
7,254
742,877
Woodside
Energy
Group
Ltd
17,273
TOTAL
ENERGY
641,233
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
1.2%
267,147
American
Tower
Corp
43,932
817
Boston
Properties,
Inc
49
63,675
Brixmor
Property
Group,
Inc
1,323
2,405,177
CapitaMall
Trust
3,246
71,293
Crown
Castle,
Inc
6,561
2,975
Dexus
Property
Group
14
401,487
DiamondRock
Hospitality
Co
3,224
784
Digital
Realty
Trust,
Inc
95
11,518
(f)
Douglas
Emmett,
Inc
147
50,973
Equinix,
Inc
37,020
46,383
First
Industrial
Realty
Trust,
Inc
2,207
63,273
Fonciere
Des
Regions
2,807
57,595
Gecina
S.A.
5,872
952,831
Goodman
Group
13,059
688,636
GPT
Group
1,715
1,804
Healthpeak
Properties,
Inc
33
1,608
(j)
Howard
Hughes
Holdings,
Inc
119
945
Iron
Mountain,
Inc
56
4,380
Kilroy
Realty
Corp
138
269,497
Klepierre
6,599
204,332
Macerich
Co
2,229
1,050,750
Mirvac
Group
1,428
354,372
Park
Hotels
&
Resorts,
Inc
4,366
7,536
PotlatchDeltic
Corp
342
450,959
Prologis,
Inc
50,602
7,120
Safehold,
Inc
127
298
SBA
Communications
Corp
60
150,858
Scentre
Group
237
151,016
Segro
plc
1,320
6,604
Stockland
Trust
Group
16
148,462
(j)
Unibail-Rodamco-Westfield
7,301
190,252
Vicinity
Ltd
206
249,081
Welltower,
Inc
20,405
328,524
Weyerhaeuser
Co
10,073
63,158
(f)
Xenia
Hotels
&
Resorts,
Inc
744
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
227,672
FINANCIAL
SERVICES
-
4.3%
622,432
3i
Group
plc
15,667
2,388,396
abrdn
plc
4,513
3,076
Ally
Financial,
Inc
82
353,445
American
Express
Co
52,730
85,693
Ameriprise
Financial,
Inc
28,251
6,128
Annaly
Capital
Management,
Inc
115
321
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
536
Australian
Stock
Exchange
Ltd
$
20
707,987
Bank
of
New
York
Mellon
Corp
30,196
84,415
BlackRock,
Inc
54,573
84,822
Deutsche
Boerse
AG.
14,649
250,422
Discover
Financial
Services
21,694
54,588
Eurazeo
3,248
11,976
Factset
Research
Systems,
Inc
5,237
408,361
Fidelity
National
Information
Services,
Inc
22,570
3,347
Franklin
Resources,
Inc
82
179,888
Goldman
Sachs
Group,
Inc
58,206
10,629
(j)
Green
Dot
Corp
148
334,646
Hong
Kong
Exchanges
and
Clearing
Ltd
12,420
458,595
Intercontinental
Exchange,
Inc
50,455
1,416
Invesco
Ltd
21
166,684
London
Stock
Exchange
Group
plc
16,706
221
LPL
Financial
Holdings,
Inc
53
147,247
Macquarie
Group
Ltd
15,768
260
MarketAxess
Holdings,
Inc
56
260,448
Mastercard,
Inc
(Class
A)
103,114
109,702
Moody's
Corp
34,685
681,821
Morgan
Stanley
55,684
17,431
(j)
Mr
Cooper
Group,
Inc
934
96,535
Nasdaq
Stock
Market,
Inc
4,691
2,220,800
(j)
Nomura
Holdings,
Inc
8,893
1,142
Northern
Trust
Corp
79
654,090
ORIX
Corp
12,213
531,725
(j)
PayPal
Holdings,
Inc
31,085
5,978
(j)
PRA
Group,
Inc
115
2,150
(j)
PROG
Holdings,
Inc
71
162,513
S&P
Global,
Inc
59,384
656,988
Schroders
plc
3,246
2,200
Singapore
Exchange
Ltd
16
117,442
St.
James's
Place
plc
1,185
171,253
State
Street
Corp
11,467
1,437
Synchrony
Financial
44
91,231
T
Rowe
Price
Group,
Inc
9,567
770
TMX
Group
Ltd
17
1,090,824
UBS
Group
AG
26,869
234,042
Visa,
Inc
(Class
A)
53,832
35,477
Voya
Financial,
Inc
2,357
32,327
Wendel
2,555
68,702
(j)
WEX,
Inc
12,922
TOTAL
FINANCIAL
SERVICES
842,485
FOOD,
BEVERAGE
&
TOBACCO
-
2.2%
358,263
Ajinomoto
Co,
Inc
13,814
99,513
Archer-Daniels-Midland
Co
7,505
1,758
Bunge
Ltd
190
70,181
Campbell
Soup
Co
2,883
1,373,503
Coca-Cola
Co
76,889
205,158
(j)
Coca-Cola
Europacific
Partners
plc
12,818
279,246
Coca-Cola
HBC
AG.
7,636
1,330
ConAgra
Brands,
Inc
37
317,067
Danone
17,489
15,327
(j)
Darling
International,
Inc
800
52,370
Fresh
Del
Monte
Produce,
Inc
1,353
568,232
General
Mills,
Inc
36,361
291,526
Hormel
Foods
Corp
11,087
185,284
Kellogg
Co
11,026
144,570
Kerry
Group
plc
(Class
A)
12,079
2,155
Keurig
Dr
Pepper,
Inc
68
173,000
Kikkoman
Corp
9,067
CREF
Social
Choice
Account
September
30,
2023
322
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
266,040
Lamb
Weston
Holdings,
Inc
$
24,598
100,963
McCormick
&
Co,
Inc
7,637
116,254
Mowi
ASA
2,055
653,944
Nestle
S.A.
74,024
74,000
Nissin
Food
Products
Co
Ltd
6,149
304,982
Orkla
ASA
2,278
480,121
PepsiCo,
Inc
81,352
170,400
Suntory
Beverage
&
Food
Ltd
5,186
12,328
(j)
TreeHouse
Foods,
Inc
537
16,271
(j)
Vital
Farms,
Inc
188
2,330,714
Wilmar
International
Ltd
6,343
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
431,449
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
2.4%
138,102
(j)
Accolade,
Inc
1,461
155,988
Amplifon
S.p.A.
4,617
70,373
(j)
Angiodynamics,
Inc
514
8,730
(j)
AtriCure,
Inc
382
1,376
Baxter
International,
Inc
52
51,898
BioMerieux
5,021
381,856
(f),(j)
Brookdale
Senior
Living,
Inc
1,581
50,422
Carl
Zeiss
Meditec
AG.
4,395
46,122
(j)
Castle
Biosciences,
Inc
779
354,493
(j)
Cerus
Corp
574
118,263
Cigna
Group
33,832
23,683
Cochlear
Ltd
3,879
72,282
Coloplast
A.S.
7,649
72,482
(f),(j)
CryoLife,
Inc
1,099
188
(j)
DaVita,
Inc
18
67,021
(j)
Demant
A.S.
2,767
255,295
(j)
DexCom,
Inc
23,819
45,242
EBOS
Group
Ltd
927
521,940
(j)
Edwards
Lifesciences
Corp
36,160
128,806
Elevance
Health,
Inc
56,085
119,837
(j)
Enhabit,
Inc
1,348
195,620
(j)
Envista
Holdings
Corp
5,454
44,000
(j)
Fulgent
Genetics,
Inc
1,177
13,596
(j)
Globus
Medical,
Inc
675
141,709
HCA,
Inc
34,858
113,131
(j)
Health
Catalyst,
Inc
1,145
25,660
(j)
Henry
Schein,
Inc
1,905
130,193
(j)
Hologic,
Inc
9,035
104,900
(j)
Hoya
Corp
10,744
70,031
(j)
IDEXX
Laboratories,
Inc
30,622
527
(j)
Insulet
Corp
84
53,833
Laboratory
Corp
of
America
Holdings
10,823
34,725
LeMaitre
Vascular,
Inc
1,892
8,932
(j)
LivaNova
plc
472
49,253
(j)
Merit
Medical
Systems,
Inc
3,399
161
(j)
Molina
Healthcare,
Inc
53
179,941
(j)
NeoGenomics,
Inc
2,213
76,842
(j)
Nevro
Corp
1,477
125,684
(j)
NextGen
Healthcare,
Inc
2,982
91,959
(j)
Omnicell,
Inc
4,142
832,141
(f),(j)
Opko
Health,
Inc
1,331
143,905
(j)
OraSure
Technologies,
Inc
853
69,413
(j)
Orthofix
Medical,
Inc
893
111,047
(j)
Outset
Medical,
Inc
1,208
16,134
(j)
Pennant
Group,
Inc
180
17,940
(j)
Penumbra,
Inc
4,340
72,016
(j)
Pulmonx
Corp
744
31,912
Quest
Diagnostics,
Inc
3,889
323
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
167,024
Ramsay
Health
Care
Ltd
$
5,544
96,740
Resmed,
Inc
14,305
1,485
(j)
Shockwave
Medical,
Inc
296
69,700
(j)
SI-BONE,
Inc
1,480
212,936
Sonic
Healthcare
Ltd
4,066
47,094
Sonova
Holdings
AG
11,146
24,596
(j)
STAAR
Surgical
Co
988
38,565
STERIS
plc
8,462
62,900
Sysmex
Corp
2,989
53,992
(j)
Teladoc
Health,
Inc
1,004
215,686
Terumo
Corp
5,709
14,134
(j)
UFP
Technologies,
Inc
2,282
178,510
UnitedHealth
Group,
Inc
90,003
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
471,823
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
1.2%
929
Church
&
Dwight
Co,
Inc
85
589
Clorox
Co
77
364,152
Colgate-Palmolive
Co
25,895
340,276
Essity
AB
7,339
43,707
Henkel
KGaA
2,756
42,864
Henkel
KGaA
(Preference)
3,053
172,700
Kao
Corp
6,401
77,188
Kimberly-Clark
Corp
9,328
74,817
L'Oreal
S.A.
31,005
717,728
Procter
&
Gamble
Co
104,688
193,300
Shiseido
Co
Ltd
6,774
138,700
Uni-Charm
Corp
4,904
688,144
Unilever
plc
34,040
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
236,345
INSURANCE
-
1.9%
1,969,389
Aegon
NV
9,492
2,579,000
AIA
Group
Ltd
20,857
128,622
Allianz
AG.
30,609
728,290
Assicurazioni
Generali
S.p.A.
14,866
147
(f)
Assurant,
Inc
21
742,699
AXA
S.A.
22,035
1,011,836
(j)
Genworth
Financial,
Inc
(Class
A)
5,929
914
Hartford
Financial
Services
Group,
Inc
65
1,068
Insurance
Australia
Group
Ltd
4
4,265,379
Legal
&
General
Group
plc
11,509
302,689
Marsh
&
McLennan
Cos,
Inc
57,602
82,300
Mitsui
Sumitomo
Insurance
Group
Holdings,
Inc
3,012
48,605
Muenchener
Rueckver
AG.
18,929
225,357
NN
Group
NV
7,225
720
Principal
Financial
Group
52
347,092
Progressive
Corp
48,350
375,155
Prudential
Financial,
Inc
35,598
305,354
QBE
Insurance
Group
Ltd
3,059
149,200
Sompo
Holdings,
Inc
6,394
77,096
Sun
Life
Financial,
Inc
3,762
20,793
Swiss
Life
Holding
12,937
121,443
Swiss
Re
AG.
12,472
99,600
Tokio
Marine
Holdings,
Inc
2,306
179,997
Travelers
Cos,
Inc
29,395
49,200
Zurich
Insurance
Group
AG
22,512
TOTAL
INSURANCE
378,992
MATERIALS
-
2.6%
148,430
Agnico-Eagle
Mines
Ltd
6,745
502
Akzo
Nobel
NV
36
CREF
Social
Choice
Account
September
30,
2023
324
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
30,175
(j)
Allegheny
Technologies,
Inc
$
1,242
19,088
Amcor
plc
175
562,462
Anglo
American
plc
15,445
478,842
Antofagasta
plc
8,313
12,214
Aptargroup,
Inc
1,527
480,800
Asahi
Kasei
Corp
3,026
490,041
Ball
Corp
24,394
220,460
BlueScope
Steel
Ltd
2,730
274,151
Boliden
AB
7,867
290
Chr
Hansen
Holding
A/S
18
103,486
Clariant
AG.
1,632
19,088
(j)
Coeur
Mining,
Inc
42
1,679
Compass
Minerals
International,
Inc
47
84,048
(e)
Covestro
AG.
4,520
333,726
(d),(j)
CRH
plc
18,265
41,736
Croda
International
plc
2,493
137,890
Dow,
Inc
7,110
45,775
DSM-Firmenich
AG.
3,868
271,171
Ecolab,
Inc
45,936
116,733
Endeavour
Mining
plc
2,253
176,670
Evonik
Industries
AG.
3,222
1,040,316
Fortescue
Metals
Group
Ltd
13,829
56,667
Franco-Nevada
Corp
7,565
3,439
Givaudan
S.A.
11,197
114,550
HeidelbergCement
AG.
8,872
111,533
Holcim
Ltd
7,139
37,584
Holmen
AB
1,461
190,067
Independence
Group
NL
1,525
71,203
International
Flavors
&
Fragrances,
Inc
4,854
1,576
International
Paper
Co
56
1,233
James
Hardie
Industries
plc
32
309,800
JFE
Holdings,
Inc
4,537
11,455
Johnson
Matthey
plc
227
221,890
JSR
Corp
5,953
50,247
Koppers
Holdings,
Inc
1,987
202,252
Linde
plc
75,309
21,361
Martin
Marietta
Materials,
Inc
8,768
181,711
Mineral
Resources
Ltd
7,803
306,342
Mitsubishi
Chemical
Holdings
Corp
1,930
602
Mitsui
Chemicals,
Inc
16
158,819
Mondi
plc
2,649
605,266
Newcrest
Mining
Ltd
9,537
536,937
Newmont
Goldcorp
Corp
19,840
735,500
Nippon
Paint
Co
Ltd
4,940
89,700
Nitto
Denko
Corp
5,882
1,499,635
Norsk
Hydro
ASA
9,384
375,868
Northern
Star
Resources
Ltd
2,496
566
Novozymes
A.S.
23
226,906
Nucor
Corp
35,477
220,547
(f)
Nutrien
Ltd
13,620
1,122
Orica
Ltd
11
905,449
(f)
Pilbara
Minerals
Ltd
2,470
27,126
PPG
Industries,
Inc
3,521
79,314
(j)
Ranpak
Holdings
Corp
431
11,927
Royal
Gold,
Inc
1,268
5,386
Schnitzer
Steel
Industries,
Inc
(Class
A)
150
584,000
Shin-Etsu
Chemical
Co
Ltd
16,963
74,729
SIG
Group
AG.
1,841
58,204
Sika
AG.
14,747
678
Smurfit
Kappa
Group
plc
23
527
Steel
Dynamics,
Inc
57
152,065
Stora
Enso
Oyj
(R
Shares)
1,906
325
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,346,023
Sumitomo
Chemical
Co
Ltd
$
3,661
290,200
Sumitomo
Metal
Mining
Co
Ltd
8,522
204,476
(j)
Summit
Materials,
Inc
6,367
312,241
Svenska
Cellulosa
AB
(B
Shares)
4,275
3,836
Symrise
AG.
365
9,000
Toray
Industries,
Inc
47
209,511
Umicore
S.A.
4,960
25,842
UPM-Kymmene
Oyj
885
703
Westrock
Co
25
148,679
Wheaton
Precious
Metals
Corp
6,034
TOTAL
MATERIALS
506,343
MEDIA
&
ENTERTAINMENT
-
1.8%
27,760
(e)
Auto
Trader
Group
plc
209
311
(j)
Charter
Communications,
Inc
137
229,880
(j)
Cinemark
Holdings,
Inc
4,218
843,216
(j)
Clear
Channel
Outdoor
Holdings,
Inc
1,332
1,497,501
Comcast
Corp
(Class
A)
66,399
178,671
Electronic
Arts,
Inc
21,512
870
Fox
Corp
(Class
A)
27
409
Fox
Corp
(Class
B)
12
111,679
Gray
Television,
Inc
773
9,348
(j)
IMAX
Corp
181
742,910
Informa
plc
6,784
140,024
Interpublic
Group
of
Cos,
Inc
4,013
14,063
John
Wiley
&
Sons,
Inc
(Class
A)
523
7,192
(j)
Liberty
Global
plc
(Class
C)
133
34,056
(j)
MediaAlpha,
Inc
281
174,830
(j)
NetFlix,
Inc
66,016
15,892
New
York
Times
Co
(Class
A)
655
11,512
News
Corp
(Class
A)
231
370,300
Nintendo
Co
Ltd
15,387
269,589
Omnicom
Group,
Inc
20,079
1,668
Paramount
Global
(Class
B)
22
280,736
Pearson
plc
2,962
1,597
REA
Group
Ltd
158
5,556
(j)
Roku,
Inc
392
13,853
Scholastic
Corp
528
10,765
Seek
Ltd
152
1,407,981
(f)
Sirius
XM
Holdings,
Inc
6,364
30,702
(j)
Snap,
Inc
274
197,031
(j)
Take-Two
Interactive
Software,
Inc
27,661
9,574
TEGNA,
Inc
139
277,666
Universal
Music
Group
NV
7,246
332,691
(j)
Vimeo,
Inc
1,178
869,900
Vivendi
Universal
S.A.
7,619
735,351
(j)
Walt
Disney
Co
59,600
403,581
(j)
Warner
Bros
Discovery,
Inc
4,383
670,825
WPP
plc
5,977
141,261
(j)
Yelp,
Inc
5,875
2,389,325
Z
Holdings
Corp
6,628
151,484
(j)
ZipRecruiter,
Inc
1,816
580,204
(j)
ZoomInfo
Technologies,
Inc
9,515
TOTAL
MEDIA
&
ENTERTAINMENT
357,391
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
5.0%
108,740
(j)
Aclaris
Therapeutics,
Inc
745
179,570
(j)
Adaptive
Biotechnologies
Corp
979
275,637
Agilent
Technologies,
Inc
30,822
119,809
(j)
Alector,
Inc
776
63,186
(f),(j)
Allogene
Therapeutics,
Inc
200
247,417
Amgen,
Inc
66,496
CREF
Social
Choice
Account
September
30,
2023
326
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
54,128
(f),(j)
Arcellx,
Inc
$
1,942
48,085
(j)
Arcturus
Therapeutics
Holdings,
Inc
1,229
789,014
Astellas
Pharma,
Inc
10,921
399,562
AstraZeneca
plc
53,895
8,612
AstraZeneca
plc
(ADR)
583
2,859
(f),(j)
Axsome
Therapeutics,
Inc
200
9,779
(j)
Biogen,
Inc
2,513
118,489
(j)
Biohaven
Ltd
3,082
982,111
Bristol-Myers
Squibb
Co
57,002
41,279
(f),(j)
Cassava
Sciences,
Inc
687
182,106
(j)
Cymabay
Therapeutics,
Inc
2,715
656,147
Daiichi
Sankyo
Co
Ltd
17,964
283,981
Danaher
Corp
70,456
199,100
Eisai
Co
Ltd
11,035
229,895
Eli
Lilly
&
Co
123,483
144,509
(f),(j)
Erasca,
Inc
285
40,881
(j)
Genmab
AS
14,474
466,337
Gilead
Sciences,
Inc
34,947
1,442,662
GSK
plc
26,103
16,584
(f),(j)
IGM
Biosciences,
Inc
138
74,325
(j)
Illumina,
Inc
10,203
109,781
(j)
Immunovant,
Inc
4,214
122,165
(j)
Intellia
Therapeutics,
Inc
3,863
22,895
(j)
Intra-Cellular
Therapies,
Inc
1,193
91,716
(j)
IQVIA
Holdings,
Inc
18,045
168
(j)
Jazz
Pharmaceuticals
plc
22
276,847
Kyowa
Hakko
Kogyo
Co
Ltd
4,814
35,024
Lonza
Group
AG.
16,200
845,447
Merck
&
Co,
Inc
87,039
86,315
Merck
KGaA
14,389
8,214
(j)
Mettler-Toledo
International,
Inc
9,102
62,191
(j)
Mirati
Therapeutics,
Inc
2,709
535,454
Novartis
AG.
54,685
807,764
Novo
Nordisk
A.S.
73,548
94,187
(j)
Nurix
Therapeutics,
Inc
740
98,272
(j)
Nuvation
Bio,
Inc
132
275,800
Ono
Pharmaceutical
Co
Ltd
5,289
49,236
(f),(j)
Phathom
Pharmaceuticals,
Inc
511
31,371
Phibro
Animal
Health
Corp
401
170,494
(j)
Point
Biopharma
Global,
Inc
1,137
83,677
(j)
Prothena
Corp
plc
4,037
34,634
(j)
Regeneron
Pharmaceuticals,
Inc
28,502
47,847
(j)
Revance
Therapeutics,
Inc
549
240,956
(f),(j)
Sana
Biotechnology,
Inc
932
101,433
Shionogi
&
Co
Ltd
4,524
141,945
UCB
S.A.
11,627
131,076
(j)
Ultragenyx
Pharmaceutical,
Inc
4,673
25,520
(j)
Waters
Corp
6,998
53,067
West
Pharmaceutical
Services,
Inc
19,911
303,546
Zoetis,
Inc
52,811
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
976,472
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.3%
237,484
(j)
Anywhere
Real
Estate,
Inc
1,527
2,280,173
Capitaland
Investment
Ltd
5,152
117,187
(j)
CBRE
Group,
Inc
8,656
1,100
City
Developments
Ltd
5
301,100
Daiwa
House
Industry
Co
Ltd
8,081
5,328
FirstService
Corp
775
1,600
Hulic
Co
Ltd
14
8,252
(j)
Jones
Lang
LaSalle,
Inc
1,165
22,997
LEG
Immobilien
SE
1,582
327
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
505,854
Lend
Lease
Corp
Ltd
$
2,320
469,872
Mitsubishi
Estate
Co
Ltd
6,130
359,317
Mitsui
Fudosan
Co
Ltd
7,914
2,740
RMR
Group,
Inc
67
604,000
Swire
Pacific
Ltd
(Class
A)
4,068
1,367,000
Swire
Properties
Ltd
2,843
107,194
Vonovia
SE
2,568
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
52,867
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
3.3%
168,400
(f)
Advantest
Corp
4,697
441,903
Applied
Materials,
Inc
61,182
101,412
ASML
Holding
NV
59,706
28,520
(j)
Cirrus
Logic,
Inc
2,109
93,284
(j)
First
Solar,
Inc
15,074
1,877,126
Intel
Corp
66,732
86,177
Lam
Research
Corp
54,013
551,984
Marvell
Technology,
Inc
29,879
543,255
Nvidia
Corp
236,311
2,986
NXP
Semiconductors
NV
597
50,369
(j)
Onto
Innovation,
Inc
6,423
222,684
(j)
Rambus,
Inc
12,424
919,044
(j)
Renesas
Electronics
Corp
14,038
25,157
(j)
Silicon
Laboratories,
Inc
2,915
395,030
Texas
Instruments,
Inc
62,814
164,300
Tokyo
Electron
Ltd
22,442
165,669
(f),(j)
Wolfspeed,
Inc
6,312
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
657,668
SOFTWARE
&
SERVICES
-
6.9%
248,492
Accenture
plc
76,314
162,761
(j)
Adobe,
Inc
82,992
77,777
(j)
Akamai
Technologies,
Inc
8,286
12,317
(j)
Ansys,
Inc
3,665
229,290
(j)
Autodesk,
Inc
47,442
189,533
(j)
Cadence
Design
Systems,
Inc
44,408
381
(j)
Ceridian
HCM
Holding,
Inc
26
402,097
Dassault
Systemes
SE
14,935
129,926
Dolby
Laboratories,
Inc
(Class
A)
10,298
488,143
(j)
DXC
Technology
Co
10,168
8,582
(j)
Fair
Isaac
Corp
7,454
97,800
Fujitsu
Ltd
11,502
1,601
Gen
Digital,
Inc
28
11,071
(j)
HubSpot,
Inc
5,452
30,289
(j)
Intapp,
Inc
1,015
21,959
InterDigital,
Inc
1,762
447,568
International
Business
Machines
Corp
62,794
128,628
Intuit,
Inc
65,721
1,551,734
Microsoft
Corp
489,960
241,581
NEC
Corp
13,341
88,304
(j)
New
Relic,
Inc
7,561
196,400
Nomura
Research
Institute
Ltd
5,105
169,763
(j)
Nutanix,
Inc
5,921
6,151
(j)
OneSpan,
Inc
66
165,017
Open
Text
Corp
(Toronto)
5,792
309
(j)
PTC,
Inc
44
368,007
(j)
Salesforce,
Inc
74,624
297,721
SAP
AG.
38,538
109,126
(j)
ServiceNow,
Inc
60,997
388,874
(j)
Shopify,
Inc
(Class
A)
21,227
451
(j)
Splunk,
Inc
66
74,989
(j)
SPS
Commerce,
Inc
12,794
CREF
Social
Choice
Account
September
30,
2023
328
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
40,900
Sumisho
Computer
Systems
Corp
$
713
113,649
(j)
Synopsys,
Inc
52,162
79,848
(j)
Teradata
Corp
3,595
289,388
(j)
VMware,
Inc
(Class
A)
48,177
178,295
WiseTech
Global
Ltd
7,401
204,422
(j)
Workday,
Inc
43,920
107,299
(j)
Xero
Ltd
7,717
34,711
(j)
Xperi,
Inc
342
TOTAL
SOFTWARE
&
SERVICES
1,354,325
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
2.0%
198,043
Avnet,
Inc
9,544
3,200
Azbil
Corp
98
61,095
Badger
Meter,
Inc
8,790
79,361
Benchmark
Electronics,
Inc
1,925
179,426
(j)
Ciena
Corp
8,480
1,527,803
Cisco
Systems,
Inc
82,135
70,274
CTS
Corp
2,933
58,624
(j)
ePlus,
Inc
3,724
80,063
(j)
Fabrinet
13,340
36,066
(j)
FARO
Technologies,
Inc
549
232,200
FUJIFILM
Holdings
Corp
13,433
221,740
(f),(j)
Harmonic,
Inc
2,135
2,362,119
Hewlett
Packard
Enterprise
Co
41,030
1,420,887
HP,
Inc
36,517
29,200
Ibiden
Co
Ltd
1,549
65,789
(j)
Insight
Enterprises,
Inc
9,572
36,539
(j)
Itron,
Inc
2,213
265,033
(j)
Keysight
Technologies,
Inc
35,066
39,615
(j)
Kimball
Electronics,
Inc
1,085
199,997
(j)
Knowles
Corp
2,962
17,609
(f),(j)
Lumentum
Holdings,
Inc
796
8,736
Methode
Electronics,
Inc
200
400,541
(f),(j)
MicroVision,
Inc
877
310,088
(j)
Mirion
Technologies,
Inc
2,316
930,105
Murata
Manufacturing
Co
Ltd
16,967
271,411
National
Instruments
Corp
16,181
36,422
(j)
Netgear,
Inc
459
19,857
(j)
Novanta,
Inc
2,848
46,700
Omron
Corp
2,078
33,253
(j)
OSI
Systems,
Inc
3,925
58,247
(f),(j)
PAR
Technology
Corp
2,245
55,735
(j)
Plexus
Corp
5,182
64,222
(j)
Ribbon
Communications,
Inc
172
37,538
(j)
Rogers
Corp
4,935
151,655
Shimadzu
Corp
4,023
140,100
TDK
Corp
5,180
519,780
(j)
Trimble
Inc
27,995
22,191
(j)
Vishay
Precision
Group,
Inc
745
344,264
Vontier
Corp
10,645
247,981
Xerox
Holdings
Corp
3,891
632
Yokogawa
Electric
Corp
12
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
388,752
TELECOMMUNICATION
SERVICES
-
0.9%
47,068
(j)
Bandwidth,
Inc
530
7,159,532
BT
Group
plc
10,167
393
Elisa
Oyj
(Series
A)
18
10,000
HKT
Trust
&
HKT
Ltd
10
210,042
Iridium
Communications,
Inc
9,555
610,632
KDDI
Corp
18,692
555,864
Koninklijke
KPN
NV
1,831
329
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,299,472
Orange
S.
A.
$
14,905
192,922
Rogers
Communications,
Inc
(Class
B)
7,407
1,333,900
SoftBank
Corp
15,098
15,375
Swisscom
AG.
9,130
8,252
Tele2
AB
(B
Shares)
63
5,177
Telecom
Corp
of
New
Zealand
Ltd
15
991,321
Telefonica
Deutschland
Holding
AG.
1,773
131,695
Telenor
ASA
1,494
1,677,759
(f)
TeliaSonera
AB
3,461
1,675,158
Telstra
Corp
Ltd
4,139
139,183
TELUS
Corp
2,273
1,831,547
Verizon
Communications,
Inc
59,360
13,012,801
Vodafone
Group
plc
12,198
TOTAL
TELECOMMUNICATION
SERVICES
172,119
TRANSPORTATION
-
1.8%
198,300
(f),(j)
All
Nippon
Airways
Co
Ltd
4,152
51,917
ArcBest
Corp
5,277
972,106
Auckland
International
Airport
Ltd
4,609
620,413
Aurizon
Holdings
Ltd
1,387
212,975
Canadian
National
Railway
Co
23,064
74,639
CH
Robinson
Worldwide,
Inc
6,429
1,610,849
CSX
Corp
49,534
985,982
Delta
Air
Lines,
Inc
36,481
236,800
East
Japan
Railway
Co
13,551
141,280
Expeditors
International
Washington,
Inc
16,195
798,427
(j)
Grab
Holdings
Ltd
2,826
270,700
Hankyu
Hanshin
Holdings,
Inc
9,236
284
(f)
Keio
Corp
10
24,300
Kintetsu
Corp
689
46,627
Kuehne
&
Nagel
International
AG.
13,248
459
Landstar
System,
Inc
81
1,923,364
MTR
Corp
7,598
87,913
Nippon
Express
Holdings,
Inc
4,587
328,875
(f)
Nippon
Yusen
Kabushiki
Kaisha
8,539
103,331
Norfolk
Southern
Corp
20,349
71,833
Old
Dominion
Freight
Line
29,390
185,813
(j)
Qantas
Airways
Ltd
615
30,644
(j)
Saia,
Inc
12,216
101,200
SG
Holdings
Co
Ltd
1,296
1,469
Tokyu
Corp
17
1,653,344
Transurban
Group
13,435
243
U-Haul
Holding
Co
13
346,995
United
Parcel
Service,
Inc
(Class
B)
54,086
172,207
West
Japan
Railway
Co
7,126
TOTAL
TRANSPORTATION
346,036
UTILITIES
-
1.5%
1,850
(f)
Algonquin
Power
&
Utilities
Corp
11
689
Alliant
Energy
Corp
33
386,481
American
Electric
Power
Co,
Inc
29,071
500,415
APA
Group
2,662
1,375,000
CLP
Holdings
Ltd
10,153
797
CMS
Energy
Corp
42
197,917
Consolidated
Edison,
Inc
16,928
28,672
DTE
Energy
Co
2,847
3,257,448
Enel
S.p.A.
19,977
911,108
Energias
de
Portugal
S.A.
3,788
689
Essential
Utilities,
Inc
24
104,307
Eversource
Energy
6,066
118,617
(f)
Fortis,
Inc
4,505
911
Hydro
One
Ltd
23
CREF
Social
Choice
Account
September
30,
2023
330
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
2,192,625
Iberdrola
S.A.
$
24,523
152,834
Mercury
NZ
Ltd
558
502,825
Meridian
Energy
Ltd
1,546
1,317,013
National
Grid
plc
15,751
172,595
(f)
Naturgy
Energy
Group
S.A.
4,696
885,830
NextEra
Energy,
Inc
50,749
1,123
NiSource,
Inc
28
746,374
Origin
Energy
Ltd
4,203
91,642
Orsted
AS
4,986
145,500
Osaka
Gas
Co
Ltd
2,394
1,123
Redeia
Corp
S.A.
18
492,137
Scottish
&
Southern
Energy
plc
9,644
702,446
Southern
Co
45,462
181,100
Tokyo
Gas
Co
Ltd
4,106
157,942
WEC
Energy
Group,
Inc
12,722
254,529
Xcel
Energy,
Inc
14,564
TOTAL
UTILITIES
292,080
TOTAL
COMMON
STOCKS
11,458,992
(Cost
$9,972,842)
PREFERRED
STOCKS
-
0.2%
INSURANCE
-
0.0%
178,941
Assurant,
Inc
3,489
TOTAL
INSURANCE
3,489
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.1%
390,000
(f)
Brookfield
Property
Partners
LP
5,265
681,850
Brookfield
Property
Partners
LP
8,687
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
13,952
UTILITIES
-
0.1%
490,000
Brookfield
Infrastructure
Partners
LP
8,546
308,000
Brookfield
Renewable
Partners
LP
5,605
TOTAL
UTILITIES
14,151
TOTAL
PREFERRED
STOCKS
31,592
(Cost
$51,219)
EXPIRATION
DATE
RIGHTS/WARRANTS
-
0.0%
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.0%
774
(b)
ABIOMED,
Inc
12/31/29
1
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
1
TOTAL
RIGHTS/WARRANTS
1
(Cost
$1)
TOTAL
LONG-TERM
INVESTMENTS
19,340,458‌
(Cost
$18,817,065)
331
See
Notes
to
Portfolio
of
Investments
Cost
amounts
are
in
thousands.
Principal
denominated
in
U.S.
Dollars,
unless
otherwise
noted. 
PRINCIPAL
DESCRIPTION
RATE
MATURITY
DATE
VALUE
(000)
SHORT-TERM
INVESTMENTS
-
0.6%
GOVERNMENT
AGENCY
DEBT
-
0.3%
$
47,300,000
Federal
Home
Loan
Bank
(FHLB)
0.000
%
10/13/23
$
47,226
5,500,000
FHLB
0.000
11/01/23
5,476
10,000,000
FHLB
0.000
11/02/23
9,956
TOTAL
GOVERNMENT
AGENCY
DEBT
62,658
REPURCHASE
AGREEMENT
-
0.3%
54,488,000
(k)
Fixed
Income
Clearing
Corp
(FICC)
5.300
10/02/23
54,488
TOTAL
REPURCHASE
AGREEMENT
54,488
TOTAL
SHORT-TERM
INVESTMENTS
117,146
(Cost
$117,133)
SHARES
COMPANY
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.5%
95,643,520
(l)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5.360
95,644
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
95,644
(Cost
$95,644)
TOTAL
INVESTMENTS
-
99.7%
19,553,248
(Cost
$19,029,842)
OTHER
ASSETS
&
LIABILITIES,
NET
-
0.3%
51,549
NET
ASSETS
-
100.0%
$19,604,797
ADR
American
Depositary
Receipt
AVG
Average
CLP
Chilean
Peso
CCRC
Congregate
Care
Retirement
Center
D
Day
EUR
Euro
LIBOR
London
Interbank
Offered
Rate
M
Month
REIT
Real
Estate
Investment
Trust
SOFR
Secure
Overnight
Financing
Rate
^
Amount
represents
less
than
$1,000.
(a)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
unless
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
(b)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(c)
In
default
(d)
When-issued
or
delayed
delivery
security.
(e)
Security
is
exempt
from
registration
under
Rule
144(A)
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
(f)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$182,232,836.
(g)
Perpetual
security
(h)
Principal
amount
for
interest
accrual
purposes
is
periodically
adjusted
based
on
changes
in
the
Consumer
Price
Index.
(i)
All
or
a
portion
of
these
securities
have
been
segregated
to
cover
collateral
requirements
on
mortgage
dollar
rolls.
(j)
Non-income
producing
(k)
Agreement
with
Fixed
Income
Clearing
Corp
(FICC),
5.300%
dated
9/29/23
to
be
repurchased
at
$54,488,000
on
10/2/23,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
2.875%–3.125%
and
maturity
dates
8/15/45–5/15/48,
valued
at
$55,577,827.
(l)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
CREF
Social
Choice
Account
September
30,
2023
332
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Forward
Foreign
Currency
Contracts
Currency
Purchased
Receive
(000)
Currency
Sold
Deliver
(000)
Counterparty
Settlement
Date
Unrealized
Appreciation
(Depreciation)
(000)
$
6,409
EUR
5,747
Citibank
N.A.
10/13/23
 $
330‌
$
6,362
CLP
5,200,000
JPMorgan
Chase
10/17/23
 $
517‌
Total
 $
847‌
CLP
Chilean
Peso
EUR
Euro
Portfolio
of
Investments
(unaudited)
College
Retirement
Equities
Fund
September
30,
2023
333
Organization
and
Significant
Accounting
Policies
Part
F
of
Form
N-PORT
was
prepared in
accordance
with
accounting
principles
generally
accepted
in
the
United
States
of
America
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission related
to
interim
filings. Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report.
For
a
full
set
of
financial
statement
notes,
please
refer
to
the
most
recently
filed
annual
or
semiannual
report.
Valuation
of
Investments
The
Accounts' investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Adviser,
subject
to
the
review
and
oversight
of
the
Board.
Fair
value
is
defined
as
the
price
that
would
be
received
upon
selling
an
investment
or
transferring
a
liability
in
an
orderly
transaction
to
an
independent
buyer
in
the
principal
or
most
advantageous
market
for
the
investment.
U.S.
GAAP
establishes
the
three-tier
hierarchy
that
is
used
to
maximize
the
use
of
observable
market
data
and
minimize
the
use
of
unobservable
inputs
and
to
establish
classification
of
fair
value
measurements
for
disclosure
purposes.
Observable
inputs
reflect
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Observable
inputs
are
based
on
market
data
obtained
from
sources
independent
of
the
reporting
entity.
Unobservable
inputs
reflect
management’s
assumptions
about
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Unobservable
inputs
are
based
on
the
best
information
available
in
the
circumstances.
The
following
is
a
summary
of
the
three-tiered
hierarchy
of
valuation
input
levels:
Level
1
–
Inputs
are
unadjusted
and
prices
are
determined
using
quoted
prices
in
active
markets
for
identical
securities.
Level
2
–
Prices
are
determined
using
other
significant
observable
inputs
(including
quoted
prices
for
similar
securities,
interest
rates,
credit
spreads,
etc.).
Level
3
–
Prices
are
determined
using
significant
unobservable
inputs
(including
management’s
assumptions
in
determining
the
fair
value
of
investments).
The
following
table
summarizes
the
market
value
of
the
Accounts'
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them
(dollar
amounts
are
in
thousands):
Account
Level
1
Level
2
Level
3
Total
Stock
Long-Term
Investments
:
Corporate
bonds
$—
$55
$—
$55
Government
bonds
—
193
—
193
Common
stocks
75,644,356
32,369,467
2,057
108,015,880
Rights/Warrants
137
1,128
130
1,395
Short-Term
Investments
:
Government
agency
debt
—
265,814
—
265,814
Repurchase
agreement
—
91,407
—
91,407
Treasury
debt
—
182,398
—
182,398
Investments
purchased
with
collateral
from
securities
lending:
Certificate
of
deposit
—
270,250
—
270,250
Commercial
paper
—
24,966
—
24,966
Repurchase
agreement
—
525,506
—
525,506
Variable
rate
securities
—
23,000
—
23,000
Investments
in
Derivatives
:
Futures
contracts*
(15,007)
—
—
(15,007)
Total
$75,629,486
$33,754,184
$2,187
$109,385,857
Global
Equities
Long-Term
Investments
:
Corporate
bonds
$—
$14
$—
$14
Common
stocks
15,762,109
7,207,312
3
22,969,424
Rights/Warrants
32
15
—
47
Short-Term
Investments
:
Government
agency
debt
—
221,096
—
221,096
Repurchase
agreement
—
35,424
—
35,424
Treasury
debt
—
127,566
—
127,566
College
Retirement
Equities
Fund
September
30,
2023
334
Portfolio
of
Investments
(unaudited)
(continued)
Portfolio
of
Investments
(unaudited)
(continued)
Account
Level
1
Level
2
Level
3
Total
Investments
purchased
with
collateral
from
securities
lending:
Certificate
of
deposit
—
19,250
—
19,250
Commercial
paper
—
3,993
—
3,993
Repurchase
agreement
—
31,394
—
31,394
Variable
rate
securities
—
4,000
—
4,000
Investments
in
Derivatives
:
Futures
contracts*
(10,461)
—
—
(10,461)
Total
$15,751,680
$7,650,064
$3
$23,401,747
Growth
Long-Term
Investments
:
Common
stocks
$29,172,817
$867,072
$—
$30,039,889
Short-Term
Investments
:
Government
agency
debt
—
28,641
—
28,641
Repurchase
agreement
—
7,774
—
7,774
Treasury
debt
—
54,067
—
54,067
Total
$29,172,817
$957,554
$—
$30,130,371
Equity
Index
Long-Term
Investments
:
Common
stocks
$20,569,587
$1,961
$200
$20,571,748
Rights/Warrants
—
—
1
1
Short-Term
Investments
:
Government
agency
debt
—
29,941
—
29,941
Repurchase
agreement
—
11,558
—
11,558
Treasury
debt
—
31,878
—
31,878
Investments
purchased
with
collateral
from
securities
lending
90,879
—
—
90,879
Investments
in
Derivatives
:
Futures
contracts*
(2,719)
—
—
(2,719)
Total
$20,657,747
$75,338
$201
$20,733,286
Core
Bond
Long-Term
Investments
:
Bank
loan
obligations
$—
$44,082
$—
$44,082
Corporate
bonds
—
3,324,162
477
3,324,639
Government
bonds
—
4,650,110
—
4,650,110
Structured
assets
—
1,958,554
—
1,958,554
Preferred
stocks
4,372
—
—
4,372
Short-Term
Investments
:
Commercial
paper
—
5,391
—
5,391
Government
agency
debt
—
65,263
—
65,263
Repurchase
agreement
—
9,018
—
9,018
Treasury
debt
—
1,991
—
1,991
Investments
purchased
with
collateral
from
securities
lending
30,922
—
—
30,922
Investments
in
Derivatives
:
Futures
contracts*
(1,995)
—
—
(1,995)
Forward
foreign
currency
contracts*
—
7,371
—
7,371
Credit
default
swap
contracts*
—
828
—
828
Total
$33,299
$10,066,770
$477
$10,100,546
Inflation-Linked
Bond
Long-Term
Investments
:
Bank
loan
obligations
$—
$31,906
$—
$31,906
Corporate
bonds
—
174,357
—
174,357
Government
bonds
—
6,373,936
—
6,373,936
Structured
assets
—
226,212
2,481
228,693
Common
stocks
9,986
—
—
9,986
Short-Term
Investments
:
Repurchase
agreement
—
1,728
—
1,728
Investments
purchased
with
collateral
from
securities
lending
9,830
—
—
9,830
Investments
in
Derivatives
:
Futures
contracts*
(3,935)
—
—
(3,935)
Total
$15,881
$6,808,139
$2,481
$6,826,501
335
Account
Level
1
Level
2
Level
3
Total
Social
Choice
Long-Term
Investments
:
Bank
loan
obligations
$—
$36,084
$164
$36,248
Corporate
bonds
—
2,261,891
—
2,261,891
Government
bonds
—
4,671,575
1
4,671,576
Structured
assets
—
878,749
1,409
880,158
Common
stocks
8,386,148
3,072,844
—
11,458,992
Preferred
stocks
31,592
—
—
31,592
Rights/Warrants
—
—
1
1
Short-Term
Investments
:
Government
agency
debt
—
62,658
—
62,658
Repurchase
agreement
—
54,488
—
54,488
Investments
purchased
with
collateral
from
securities
lending
95,644
—
—
95,644
Investments
in
Derivatives
:
Forward
foreign
currency
contracts*
—
847
—
847
Total
$8,513,384
$11,039,136
$1,575
$19,554,095
*
Represents
net
unrealized
appreciation
(depreciation).
A10944-D
(11/23)